HR 311, the Restoring Fuel Market Freedom Act of 2025, repeals multiple existing federal tax credits for fuel producers and importers. It specifically eliminates tax credits for alcohol fuels (Section 40), biodiesel (Section 40A), sustainable aviation fuel (Section 40B), clean fuel production (Section 45Z), and alternative fuel mixtures (Section 6426). These repeals apply to fuels produced, sold, or used after the bill's enactment date, removing current tax incentives for these fuel types. The bill directly affects businesses producing or importing these fuels, as they will no longer qualify for the repealed credits.
HR 1707, the Grown in America Act of 2025, creates a new tax credit for agricultural businesses that use predominantly domestically produced inputs. The credit equals 25% of a business's domestic agricultural input costs (capped at $100 million annually), but only if the business meets a 3-year average threshold for domestic sourcing (starting at 50% in 2026 and rising to 85% after 2033). It directly affects food and agricultural producers who source inputs like crops or fish raised in the U.S. for products sold domestically without further processing. The bill defines "domestic agricultural input costs" as expenses for U.S.-produced commodities used in U.S.-made food products, excluding certain commodities listed by the Secretary of Agriculture.
HR 2534, the Paying a Fair Share Act of 2025, would impose a new tax on individual taxpayers with adjusted gross income exceeding $1 million (adjusted annually for inflation), effective for tax years beginning after 2024. The tax rate would be 30% of the amount by which a taxpayer's income exceeds $1 million, after accounting for charitable contributions. This provision applies only to individuals (not corporations) and is projected to generate significant revenue by requiring the highest earners to pay a larger share of taxes, with sponsors estimating it would reduce the federal deficit by billions annually.
SJRES 102 is a congressional resolution disapproving the District of Columbia Council's approval of the D.C. Income and Franchise Tax Conformity and Revision Temporary Amendment Act of 2025 (D.C. Act A26-0217). This resolution, introduced by Senator Scott on January 27, 2026, aims to block the D.C. tax law from taking effect by invoking Congress's disapproval authority under the District of Columbia Home Rule Act. The bill directly affects D.C. residents and businesses subject to the income and franchise tax provisions in the disapproved law. If passed, it would prevent the D.C. tax code changes from becoming effective.
HR 312, the Restoring Vehicle Market Freedom Act of 2025, repeals five tax credits related to clean and alternative fuel vehicles from the Internal Revenue Code. Specifically, it eliminates credits for previously owned clean vehicles, alternative motor vehicles, alternative fuel refueling property, new plug-in electric vehicles, and commercial clean vehicles. This change means individuals and businesses purchasing or installing qualifying vehicles or infrastructure will no longer be eligible for these tax incentives. The repeal applies to vehicles or property acquired or placed in service after the bill's enactment date.
HRES 1028 is a non-binding House resolution expressing the House's position that the U.S. must address billionaire economic and political influence. It calls for halting corporate tax breaks and subsidies, increasing taxes on the wealthy and corporations, and redirecting funds toward public services like healthcare, housing, and climate initiatives. As a resolution, it does not create new laws but states the House's view that concentrated wealth undermines democracy and requires policy changes to prioritize working people. It specifically references actions like breaking up corporate monopolies and expanding union support as part of this vision.
HR 1873, the Broadband Grant Tax Treatment Act, excludes certain federal broadband grants from taxable income for recipients. It directly affects entities (like internet providers or local governments) receiving qualifying grants under specific programs, including the Broadband Equity, Access, and Deployment Program and State Digital Equity Capacity Grants established by the Infrastructure Investment and Jobs Act. The bill prevents double tax benefits by disallowing deductions for expenses covered by these excluded grants and reduces the adjusted basis of related property. This change applies to grants received in taxable years ending after March 11, 2023.
