HR 352, the "Motorist Tax Abuse Act," blocks the implementation of congestion pricing in New York City's Central Business District Tolling Program. It amends a 1991 transportation law to prohibit the federal Secretary from establishing or maintaining cordon pricing under the value pricing pilot program for NYC's central business district. This directly affects NYC's planned tolling system for vehicles entering its downtown core. The bill is procedural, adding a specific federal prohibition without creating new policy.
The Estate Tax Rate Reduction Act lowers the federal estate tax rate to 20% for taxable estates, gifts, and generation-skipping transfers. This change replaces the previous progressive rate schedule with a flat 20% rate, applying to estates of decedents dying, gifts, and certain transfers after December 31, 2024. The bill affects individuals with estates exceeding the current tax exemption threshold, as it reduces the tax rate on the taxable portion of those estates. It does not alter the exemption amount, meaning only estates above the threshold are subject to this rate reduction.
HR 417, the "End U.N. Censorship Act," prohibits federal funding for U.S. government departments or agencies to support the United Nations' iVerify tool or any effort labeling speech as misinformation. It blocks funds from being used to develop, implement, or contribute to the U.N. or other international organizations for initiatives that seek to categorize speech as "mal-, mis-, or disinformation." The bill mandates that any funds withheld under this provision be permanently rescinded and deposited into the U.S. Treasury, not repaid to the U.N. It directly affects federal agencies like the Department of State that manage international funding. The policy change is strictly a funding restriction, not a direct ban on U.N. activities.
The Red Light Act withholds 100% of specific federal highway funds from states that issue driver's licenses or identification cards to undocumented immigrants. For fiscal years 2023 and beyond, states allowing such identification for aliens unlawfully present in the U.S. lose these funds, which are then redistributed to other compliant states if the noncompliant state doesn’t repeal its law. States can regain withheld funds by repealing their relevant law before the fiscal year ends. The bill uses the existing federal definition of "identification card" from Title 18. It directly affects states with laws permitting identification for undocumented immigrants and aims to incentivize policy changes through federal funding consequences.
HR 1052, the UNPLUG EVs Act, rescinds unobligated federal funds from two electric vehicle infrastructure programs. It targets unused balances from the National Electric Vehicle Infrastructure Formula Program (established by the Infrastructure Investment and Jobs Act) and charging/fueling grant programs under federal highway law. These rescinded funds will be deposited into the U.S. Treasury's general fund to reduce the federal deficit. The bill does not alter existing program requirements or affect current EV infrastructure projects, only redirecting unspent allocated funds.
HR 7 prohibits federal funds from being used for abortions or health insurance plans covering abortion, with exceptions for pregnancies resulting from rape, incest, or when a woman's life is endangered. It blocks federal premium tax credits under the Affordable Care Act for health plans covering abortion (except in specified cases) and requires clear disclosure of abortion coverage and related surcharges in plan materials. The bill allows individuals or employers to purchase separate abortion coverage using non-federal funds, such as out-of-pocket payments, without affecting federal subsidies. It directly affects federal health programs, ACA marketplace plans, and health insurance issuers offering coverage that includes abortion services.
HR 508, the "Bring American Companies Home Act," allows U.S. businesses to immediately deduct expenses paid to move business inventory, equipment, and supplies from China to the U.S. in the year they are paid. This directly affects U.S. companies relocating operations or supply chains from China. The bill establishes a trust fund funded by tariffs collected on China-made goods, which reimburses the Treasury for lost tax revenue from the deduction. The deduction is limited to qualifying business moving expenses under existing tax code rules.
HR 640, the Chemical Tax Repeal Act, eliminates excise taxes on specific chemicals previously levied under Internal Revenue Code Chapter 38. It directly affects chemical manufacturers and distributors who paid these taxes on certain substances. The bill repeals the relevant tax provisions by amending the Internal Revenue Code, removing subchapters B and C of Chapter 38. This change takes effect on January 1, 2024, ending the tax requirement for covered chemicals.
The ALIGN Act (HR 574) allows businesses to immediately deduct the full cost of certain qualifying equipment and property (like machinery or tools) instead of spreading the deduction over several years. This permanent tax change directly affects businesses that invest in eligible property placed in service after September 2017. The key provision eliminates the previous depreciation rules for these assets, providing an immediate tax benefit to encourage capital investment. It does not change tax rates or apply to all business expenses, only specific types of equipment meeting the defined criteria.
This bill denies federal funds to states or localities (sanctuary jurisdictions) that restrict sharing immigration status information or refuse to comply with federal detainer requests under specific circumstances. It specifically blocks funding intended for services like food, shelter, healthcare, legal aid, or transportation for undocumented immigrants. The funding cutoff begins 60 days after enactment or the next fiscal year start. An exception applies if a jurisdiction cooperates when an undocumented immigrant is a crime victim or witness.
