This bill prohibits federal agencies from providing any form of federal financial assistance or tax benefits for the construction, expansion, or major rehabilitation of data centers located on prime farmland and other designated agricultural land. The restriction applies to all projects that begin after the date the law is enacted. By defining "federal financial benefit" broadly to include grants, loans, tax credits, and deductions, the legislation aims to prevent public funds from supporting data center development in areas critical for food production.
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Agriculture
This bill establishes new procedural safeguards for the Internal Revenue Service when conducting tax inquiries or examinations of universities, requiring high-level Treasury approval based on reasonable belief that a university may not qualify for tax-exempt status. It mandates that the IRS provide written notice to the institution before beginning an inquiry and at least 15 days before starting a formal examination, offering the university the opportunity to hold a conference to discuss concerns. The legislation imposes strict time limits, requiring inquiries to be completed within 90 days and examinations within two years, while also restricting the ability to re-examine a university for five years if no significant tax issues are found. Additionally, it requires the Secretary of the Treasury to submit confidential reports to congressional committees detailing any new university tax investigations.
HB 5807 repeals Illinois' Targeted Advertising Services Tax Act, which eliminates a state-level tax on digital advertising services that use data to target specific consumers. The bill also amends the Counties Code and the Illinois Municipal Code to permanently prohibit home rule counties and municipalities from imposing their own taxes on these targeted advertising services. By removing both the state tax and local taxing authority in this area, the legislation directly affects businesses that sell targeted digital advertising and the government entities that previously collected revenue from it.
HB 5806 repeals Illinois state laws that imposed a fee on social media platforms. The bill amends the Business Corporation Act of 1983 to remove the specific provisions authorizing these charges. This change directly affects social media companies operating in Illinois by eliminating their obligation to pay this particular tax or fee.
The Mobile Workforce State Income Tax Simplification Act of 2026 restricts state income tax collection on employees who work in multiple states, limiting taxation to only the employee's home state and any other state where they perform duties for more than 30 days in a calendar year. This change directly affects multi-state workers and their employers by eliminating withholding and reporting requirements for wages earned in states where the employee does not meet the 30-day threshold. Employers are permitted to rely on employees' annual estimates of work location for tax purposes, unless the employer maintains a daily time and attendance tracking system or has actual knowledge of fraud. The bill excludes specific groups, such as professional athletes, entertainers, film production staff, and public figures, from these simplified rules, and it takes effect on January 1 of the second calendar year following its enactment.
The Safeguarding America's Nonprofits Act clarifies that tax-exempt status under Section 501 of the Internal Revenue Code does not count as federal financial assistance. This change directly affects charitable organizations, religious groups, and other nonprofits that are exempt from federal income taxes. The bill amends the tax code to ensure these entities are not subject to regulations or restrictions typically applied to recipients of government grants or aid. It also includes a provision stating that this new definition does not apply retroactively to periods before the law is enacted.
The Restoring Economic Diesel Fuel Act of 2026 eliminates federal penalties for selling and using dyed diesel fuel in taxable situations. By removing Section 6715 from the Internal Revenue Code, the bill allows individuals and businesses to use this specific type of fuel without facing fines, provided they pay the required taxes. This change directly affects entities that currently rely on or consider using dyed fuel for on-road vehicles or other taxable applications. The provision is set to take effect for any fuel sold or used after December 31, 2025.
The Affordable Housing Incentives Act allows property owners to avoid paying capital gains taxes when they sell real estate to qualified housing operators for use as affordable housing. To qualify, the property must be subject to a binding legal agreement that ensures it remains affordable or used as a homeless shelter for at least 30 years. The sale price cannot exceed the value determined by a professional appraisal, and the seller must notify the Treasury Department within 90 days of the transfer. The Treasury is required to audit these properties every five years to verify they continue to meet the affordability requirements throughout the 30-year period.
Pennsylvania House Bill 2735 updates the Public School Code of 1949 to restrict school districts from increasing real property taxes unless their projected ending fund balances meet specific limits. The bill establishes a sliding scale where larger districts with higher total budgeted expenditures must maintain lower percentages of committed, assigned, and unassigned funds compared to smaller districts. To ensure compliance, each district that approves a tax increase must submit certification data to the Department of Education by August 15 of each year starting in 2027.
To amend sections 3701.021, 3701.023, 3701.025, 3701.027, and 3701.029 and to repeal section 3701.024 of the Revised Code to eliminate county contributions to the Program for Medically Handicapped Children and to make an appropriation.
