This resolution supports the designation of Career and Technical Education Month to celebrate career and technical education across the United States.
Protecting Family and Small Business Tax Cuts Act of 2022 This bill makes permanent provisions affecting individual and business taxpayers that were enacted in 2017 by the Tax Cuts and Jobs Act and are scheduled to expire at the end of 2025. The bill makes permanent provisions that reduce individual and capital gain tax rates. The bill increases the standard tax deduction for individual taxpayers. It also increases and modifies the child tax credit and raises the contribution base for the tax deduction of charitable contributions. The bill allows additional contributions to ABLE accounts (tax-exempt accounts designed to enable individuals with disabilities to save and pay for disability-related expenses). It exempts from taxation combat zone benefits of members of the Armed Forces serving in the Sinai Peninsula of Egypt and the moving expenses of servicemembers. Additionally, the bill lowers to $750,000 the amount of mortgage debt eligible for an interest expense tax deduction; excludes from the gross income of student borrowers income attributable to the discharge after 2025 of loan debt due to death or disability; makes permanent the limitation on the tax deduction for state and local taxes and denies a deduction for foreign real property taxes; makes permanent the tax deduction of the income of certain pass-through business entities; repeals the tax deduction for personal tax exemptions and the exclusion of employer-provided bicycle commuter fringe benefits; terminates certain miscellaneous itemized tax deductions; doubles the estate and gift tax exemption amount; and makes permanent the increase of the alternative minimum tax exemption amount for individual taxpayers.
Blockchain Solutions for Small Businesses Act This bill requires the Small Business Administration to study the current and potential uses of blockchain technology (i.e., the technology that supports digital currencies such as Bitcoin) in making loans to qualified small businesses.
Open Schools Act This bill directs the Department of Education to make grants to parents of eligible students for certain education-related expenses. Eligible student refers to a student who is enrolled for the 2021-2022 school year in an elementary or secondary school that (1) is located in a local educational agency that received certain COVID-19 relief funds; and (2) does not provide, for any reason related to COVID-19, in-person learning for each enrolled student for each school day during the school year. Grant funds may be used to pay the tuition and fees for a private elementary or secondary school, pay the cost of attending a public school that provides in-person learning, or for other expenses and educational materials.
Survivor Benefits Fairness Act This bill adjusts the effective date of a reduction or discontinuance of compensation, dependency and indemnity compensation, or pension payments to the last day of the month during which a marriage, remarriage, or death of a payee occurs.
This concurrent resolution expresses the sense of Congress that tax-exempt fraternal benefit societies provide critical benefits to the people and communities of the United States and their work should continue to be promoted.
This bill posthumously provides for the award of a Congressional Gold Medal in commemoration of the 13 service members who died on August 26, 2021, while stationed at Hamid Karzai International Airport in Afghanistan.
FDIC Board Accountability Act This bill revises provisions related to the board of directors of the Federal Deposit Insurance Corporation. Specifically, the bill removes the director of the Consumer Financial Protection Bureau from the board as a voting member and requires the appointment of an individual with demonstrated primary experience working in or supervising small depository institutions. Further, the bill limits the term length of a board member to twelve years.
No Veteran Falls Through the Cracks Act This bill requires the Department of Veterans Affairs to attempt to reschedule a veteran's mental health care appointment if the veteran has canceled such an appointment.
Middle Class Mortgage Insurance Premium Act of 2021 This bill increases the adjusted gross income threshold for the phaseout of the mortgage insurance premium tax deduction and makes such deduction permanent.
