Capital Gains Inflation Relief Act of 2021 This bill allows the adjusted basis of certain assets (including any common stock in a C corporation, any digital asset, and tangible property used in a trade or business) to be indexed for inflation for the purpose of determining the gain or loss of a taxpayer (other than a corporation) who has held the asset for more than three years. The bill sets forth rules for applying the inflation adjustment to short sales; regulated investment companies; real estate investment trusts; other pass-through entities, including partnerships, S corporations, and common trust funds; dispositions between related persons; and improvements to property or contributions of capital. The Internal Revenue Service may disallow an adjustment if any person transfers cash, debt, or any other property to another person for the principal purpose of securing or increasing the adjustment allowed by this bill.
Equal Treatment of Public Servants Act of 2021 This bill phases in a new funding formula for determining benefit amounts under the windfall elimination provision (WEP). The WEP reduces Social Security retirement and disability benefits for those who receive pensions for certain non-covered employment. The new formula adjusts an individual's total lifetime earnings based on the proportion of those earnings subject to Social Security payroll taxes. It applies to individuals who (1) become eligible for Social Security benefits after 2061, and (2) have earnings from non-covered service performed in a year after 1977. Beneficiaries who become eligible for benefits between 2023 and 2061 receive the higher of their benefit calculated under the existing WEP or the new formula. In addition, certain beneficiaries currently impacted by the WEP receive an additional payment. The Social Security Administration must include non-covered earnings in Social Security account statements and must study the feasibility of partnering with certain pension systems to address data sharing issues related to non-covered pensions.
No Vaccine Mandate Act This bill prohibits certain funding made available for the Departments of Labor, Health and Human Services, and Education and related agencies from being used for implementing or enforcing a rule that requires a COVID-19 vaccine.
HRES 754 is a non-binding resolution expressing the House of Representatives' opposition to proposed "punitive natural gas taxes" on U.S. businesses, families, and workers. It cites claims that such taxes would raise average energy bills by 17%, reduce GDP by $9 billion, and eliminate 90,000 jobs, while disproportionately harming low-income households. The resolution argues that opposing these taxes supports U.S. energy security, national security, and continued leadership in reducing emissions through domestic natural gas production. As a procedural resolution, it does not create law but formally states the House's position against this policy approach.
NCAA Accountability Act of 2021 This bill establishes due process and notice requirements for the investigations carried out by certain intercollegiate athletic associations and related organizations. Specifically, the requirements apply to interstate athletic associations, conferences, or other organizations with authority over intercollegiate athletics or that administer intercollegiate athletics and that have at least 900 member institutions. Such organizations must establish and administer due process requirements for the investigation of any member institution, student athlete enrolled in such member institution, or other individual for infractions of the athletic association's bylaws or failure to meet the conditions and obligations of membership. The Department of Justice must establish procedures for (1) individuals and entities to file complaints, (2) the investigation of complaints that have a substantial probability of validity, and (3) the investigation of other violations of this bill.
Administrative False Claims Act of 2021 This bill modifies provisions regarding fraud committed against the federal government. Specifically, the bill raises the maximum amount of a fraud claim that may be handled administratively from $150,000 to $1 million, allows responsibilities in the administrative process assigned to the Attorney General or an Assistant Attorney General to be delegated to other Department of Justice employees, and allows the government to recoup costs for investigating and prosecuting these frauds.
This bill prohibits the use of federal funds to require a member of the Armed Forces to receive a COVID-19 vaccination. The bill also prohibits adverse action (e.g., punishment) being taken against a member of the Armed Forces because the member refuses to receive a COVID-19 vaccination.
Access to Breast Cancer Diagnosis Act of 20 21 This bill prohibits private health insurance plans from imposing higher cost-sharing requirements on breast cancer diagnostic examinations than initial breast cancer screening examinations. Diagnostic examinations are generally required after an initial screening detects an abnormality and typically require additional mammogram images (e.g., x-rays).
This concurrent resolution celebrates the first anniversary of the signing of the Geneva Consensus Declaration on Promoting Women's Health and Strengthening the Family.
This non-binding Senate resolution supports parents' primary role in decisions about their children's education. It specifically opposes a Justice Department memo (issued October 4, 2021) directing federal resources to investigate parents protesting school policies, and demands that memo be rescinded. The resolution condemns efforts to restrict parental involvement in school decisions, such as limiting access to school meetings or curricula. It was introduced in response to controversies involving school board meetings in Loudoun County, Virginia, and a National School Boards Association letter comparing parent protests to domestic terrorism.
Helping Account for Rural Medical Outpatient Needs in Oklahoma Act or the HARMON Oklahoma Act This bill requires the Centers for Medicare & Medicaid Services (CMS) to continue to allow Harmon Memorial Hospital in Hollis, Oklahoma, to retain its designation as a critical access hospital and to seek designation as a rural emergency hospital under Medicare after the end of the COVID-19 public health emergency, as specified in a prior letter sent to the hospital. The bill also requires the CMS to issue final regulations implementing the newly created Medicare rural emergency hospital program by November 1, 2022.
This resolution honors the life and legacy of General Colin L. Powell and expresses sympathy to his family. Additionally, the resolution commends General Colin L. Powell for his accomplishments in the government and Armed Forces.