High Rise Fire Sprinkler Incentive Act of 2021 This bill classifies any automatic fire sprinkler system retrofit property as 15-year property for purposes of accelerated depreciation.
Religious Exemptions for Social Security and Healthcare Taxes Act This bill allows taxpayers who have a religious objection to participation in the Social Security system a credit or refund of employment taxes deducted to fund benefits under such system.
Accelerating Nuclear Innovation through Fee Reform Act This bill prohibits the Nuclear Regulatory Commission from charging fees to review applications for advanced nuclear reactor licenses.
Critical Infrastructure Manufacturing Feasibility Act This bill requires the Department of Commerce to study and report on products that are in high demand across the critical infrastructure sectors. Critical infrastructure sectors are those whose assets, systems, and networks are vital to national security, the economy, public health or safety, or any combination of those matters. The study must (1) identify the products in high demand across those sectors that are being imported due to manufacturing, material, or supply chain constraints; and (2) analyze the costs, benefits, and feasibility of manufacturing those products in the United States.
Better Cybercrime Metrics Act This bill establishes various requirements to improve the collection of data related to cybercrime and cyber-enabled crime (cybercrime). Among the requirements the Department of Justice (DOJ) must enter into an agreement with the National Academy of Sciences to develop a taxonomy for categorizing different types of cybercrime faced by individuals and businesses; DOJ must establish a category in the National Incident-Based Reporting System for collecting cybercrime reports from federal, state, and local officials; DOJ's Bureau of Justice Statistics and the Bureau of the Census must include questions about cybercrime in the annual National Crime Victimization Survey; and the Government Accountability Office must assess the effectiveness of reporting mechanisms for cybercrime and disparities in reporting cybercrime data and other types of crime data.
Allied Health Workforce Diversity Act of 2021 This bill allows the Department of Health and Human Services to provide grants to accredited education programs to increase diversity in the physical therapy, occupational therapy, respiratory therapy, audiology, and speech-language pathology professions. Grants may be used to provide scholarships or to support recruitment and retention of students from underrepresented groups.
Opioid Quota Openness, Transparency, and Awareness Act of 2021 or the Opioid QuOTA Act of 2021 This bill requires the Drug Enforcement Administration to make publicly available on its website certain information regarding opioid procurement quotas. The term opioid procurement quota means the maximum quantity of opioid analgesics that a registered manufacturer may procure.
Investing in Domestic Semiconductor Manufacturing Act This bill expands the incentives program that provides support to produce semiconductors, and related materials and equipment, in the United States.
Community Bank Relief Act of 2021 This bill requires banking agencies to set the community bank leverage ratio between 8% and 8.5% for calendar years 2022, 2023, and 2024 for community banks seeking to satisfy simplified capital adequacy requirements. Currently, banking agencies are statutorily required to set the rate between 8% and 10% through rulemaking. Under current regulations, the rate will increase from 8.5% to 9% on January 1, 2022.
Countering the People's Republic of China Maritime Militia Fleet Act This bill requires the Department of Defense to study and report on the challenges posed by the emergence of Chinese militia fleets in the South China Sea.
Employee Retention Tax Credit Reinstatement Act This bill provides for a reinstatement of the employee retention tax credit through 2021. The credit was established to compensate employers whose businesses were negatively impacted by the COVID-19 pandemic for wages paid to their employees.
This bill states that the United States should seek to support (1) improving Taiwan's asymmetric defense capabilities; (2) bolstering deterrence to preserve peace, security, and stability across the Taiwan Strait; (3) and deepening defense capability interoperability with Taiwan.
