Summary: This bill makes the new markets tax credit permanent. It also modifies the credit to (1) provide for an inflation[Read more]
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Category: Tax and Budget Policy
From the DFL Party Platform: “We believe government budgets must be based on sound fiscal policies and fair taxation aimed at achieving economic growth, conservation of resources and full employment.” Here is supportive legislation sponsored/cosponsored by CD2’s Representative, Angie Craig.
H. R. 4540, Public Servants Protection and Fairness Act.
Summary: To amend title II of the Social Security Act to provide an equitable Social Security formula for individuals with non-covered[Read more]
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H. R. 1985, Family Savings for Kids and Seniors Act.
Summary: This bill increases the amount that employees may exclude from their gross income for employer-provided dependent care assistance. The bill[Read more]
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H. R. 1398, Health Insurance Tax Relief Act of 2019.
Summary: To delay the reimposition of the annual fee on health insurance providers until after 2021. (Cosponsors, Bipartisan) ANGIE CRAIG’S POSITION: Representative[Read more]
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H. R. 2073, To amend the Internal Revenue Code of 1986 to permanently extend the 7.5 percent adjusted gross income floor for the medical expense deduction.
Summary: This bill makes permanent the reduction in the adjusted gross income threshold that must be exceeded before a taxpayer is[Read more]
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H. R. 5377, Restoring Tax Fairness for States and Localities Act.
Summary: This bill increases the tax deduction for state and local taxes in 2019 to $20,000 for persons filing a joint[Read more]
Read moreH. R. 4927, To amend the Internal Revenue Code of 1986 to reduce the applicable percentage under the premium assistance tax credit for households with young adults.
Summary: To amend the Internal Revenue Code of 1986 to reduce the applicable percentage under the premium assistance tax credit for[Read more]
Read moreH. R. 1869, Restoring Investment in Improvements Act.
Summary: To amend the Internal Revenue Code of 1986 to restore incentives for investments in qualified improvement property. Cosponsors (Bipartisan) ANGIE CRAIG’S[Read more]
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H. R. 3302, Keep Physicians Serving Patients Act of 2019.
Summary: To amend title XVIII of the Social Security Act to improve the accuracy of geographic adjustment factors under the Medicare[Read more]
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H. R. 2072, Volunteer Driver Tax Appreciation Act of 2019.
Summary:To amend the Internal Revenue Code of 1986 to equalize the charitable mileage rate with the business travel rate. Cosponsors[Read more]
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