Rep. Donald S. Beyer, Jr.

New Markets Tax Credit Extension Act of 2021 This bill makes the new markets tax credit permanent. It also modifies the credit to (1) provide for an inflation adjustment to the limitation amount for the credit after 2021, and (2) allow an offset against the alternative minimum tax for the credit (determined with respect to qualified equity investments initially made after 2020).

This resolution declares that (1) the United States needs a Marshall Plan for Moms to revitalize and restore mothers in the workforce; and (2) mothers, especially mothers of color have been pushed to the brink of economic, social, and emotional collapse during the COVID-19 (i.e., coronavirus disease 2019) pandemic because of the existing economic and social inequalities women have long faced. The resolution also states that any relief and long-term recovery package to address the COVID-19 crisis must recognize and rebuild moms in the workforce by including certain policies such as establishing a robust paid leave plan; rebuilding and stabilizing the child care industry; providing necessary child poverty reduction tools for families' economic security that include recurring child benefits and an expanded and improved child tax credit and earned income tax credit; establishing an expanded unemployment insurance program that benefits struggling workers, including those experiencing long-term unemployment; raising the federal minimum wage to $15 per hour or higher for all minimum wage workers; and providing access to mental health support for mothers. Finally, the resolution declares that employers and policymakers must prioritize addressing the economic cliff facing mothers and make permanent the policies set forth in this resolution so that mothers are protected against any future economic calamities.

American Innovation and R&D Competitiveness Act of 2021 This bill eliminates the five-year amortization requirement for research and experimental expenditures scheduled to begin in 2022, thus allowing continued expensing of such expenditures in the taxable years in which they are incurred.

Congressional Oversight to Secure Transparency of Relocations Act or the COST of Relocations Act This bill requires a federal agency seeking to relocate more than 5% of its employees or more than 100 employees to conduct and make public a comprehensive cost-benefit analysis of the proposed change. Specifically, the agency must conduct such analysis and submit it to the agency's office of inspector general for review and submission to Congress. The report must include the anticipated outcomes and improvements that will result from the proposed relocation, the metrics for measuring whether the proposed relocation results in the anticipated outcomes and improvements, a timeline of past and future engagements with stakeholders regarding the proposed relocation, a comprehensive strategy for accomplishing the proposed relocation, and an assessment of the short- and long-term effects of the proposed relocation on the agency's mission.

ABLE Age Adjustment Act This bill increases from 26 to 46 the age threshold for tax-favored ABLE (Achieving a Better Life Experience) accounts. (ABLE accounts are designed to enable individuals with disabilities to save for and pay for disability-related expenses. To establish an account, an individual must have a qualifying impairment that began before the individual attained the age threshold.)

This resolution supports the designation of Public Schools Week.

Defend our Coast Act This bill prohibits the Department of the Interior from issuing a lease for the exploration, development, or production of oil or gas in the Mid-Atlantic planning area of the Outer Continental Shelf.

Stop Arctic Ocean Drilling Act of 2021 This bill prohibits the Department of the Interior from issuing or renewing a lease or any other authorization for the exploration, development, or production of oil, natural gas, or any other mineral in the Arctic Ocean, including the Beaufort Sea and Chukchi Sea Planning Areas.

This resolution congratulates and honors the National Active and Retired Federal Employees Association on the celebration of its 100th anniversary.

Department of State Student Internship Program Act This bill requires the Department of State to establish the Department of State Student Internship Program to offer paid internship opportunities at the State Department to raise awareness of the role of diplomacy in the conduct of U.S. foreign policy. Participants must be enrolled at an institution of higher education (IHE) and able to receive and hold an appropriate security clearance. The State Department must pay participating interns a specified amount, as well as provide housing and travel assistance. The State Department may also enter agreements with IHEs to ensure these internships satisfy criteria for the academic programs in which participants are enrolled. Additionally, the State Department must transition all of its unpaid internship programs to internship programs that offer compensation.