04.09.2021
News
Marc Gerson, former majority tax counsel to the U.S. House of Representatives Committee on Ways and Means, commented on the prospects for bipartisan tax legislation in the current Congress.
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Senate and House Reconciliation Bills | President Biden's American Rescue Plan | House Ways and Means Committee Budget Reconciliation Recommendations | Consolidated Appropriations Act | Bipartisan Senate/House Problem Solvers Caucus Virus Relief Proposals | Delivering Immediate Relief to America's Families, Schools, and Small Businesses Act | HEROES Act | HEALS Act | CARES Act | CARES Act Precursor Materials | FFCRA | Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020 | Take Responsibility for Workers and Families Act
Senate and House Reconciliation Bills (the American Rescue Plan Act of 2021, H.R. 1319)
- Legislative text of the Senate-passed reconciliation bill (H.R. 1319) - tax provisions start on page 342
- Title-by-title summary of the Senate bill
- Summary of the Senate modifications to the bill
- Joint Committee on Taxation Report: Estimated Revenue Effects of H.R. 1319, as approved by the Senate
- Legislative text of the American Rescue Plan Act of 2021 (H.R. 1319) as passed by the House on February 27, 2021
- Legislative text of the American Rescue Plan Act (for House Budget Committee markup on February 22, 2021)
- House Budget Committee Report (H. Rept. 177-7)
- Congressional Budget Office cost estimate for the American Rescue Plan Act
- Joint Committee on Taxation Report: Estimated Revenue Effects of H.R. 1319, The "American Rescue Plan Act Of 2021," Scheduled For Consideration by the House of Representatives on February 26, 2021
- Joint Committee on Taxation Report: Technical Explanation of the Modification of Exceptions of Reporting Third Party Network Transactions
- Congressional Research Service: The American Rescue Plan Act of 2021 (H.R. 1319) Title IX Subtitle G—Tax Provisions Related to Promoting Economic Security
President Biden's American Rescue Plan
House Ways and Means Committee Budget Reconciliation Recommendations (February 2021)
- Joint Committee on Taxation Report: Estimated Budgetary Effects of the Revenue Provisions of the Budget Reconciliation Legislative Recommendations, Scheduled for Markup by the House Committee on Ways And Means on February 10, 2021
- Subtitle A. Budget Reconciliation Legislative Recommendations Relating to Crisis Support for Unemployed Workers
- Subtitle B. Budget Reconciliation Legislative Recommendations Relating to Emergency Assistance to Families Through Home Visiting Programs
- Subtitle C. Budget Reconciliation Legislative Recommendations Relating to Emergency Assistance for Children and Families
- Subtitle D: Budget Reconciliation Legislative Recommendations Relating to Elder Justice and Support Guarantee
- Subtitle E. Budget Reconciliation Legislative Recommendations Relating to Support to Skilled Nursing Facilities in Response to COVID-19
- Subtitle F. Budget Reconciliation Legislative Recommendations Relating to Continuation of Job-Based Coverage
- Summary
- Legislative Text
- Joint Committee on Taxation Report: Description of the Budget Reconciliation Legislative Recommendations Relating to Continuation of Job-Based Coverage
- Subtitle G. Budget Reconciliation Legislative Recommendations Relating to Promoting Economic Security
- Summary
- Legislative Text
- Joint Committee on Taxation Report: Description of the Budget Reconciliation Legislative Recommendations Relating to Prompting Economic Security
- CRS Report: Tax Provisions for COVID-19 Relief: Subtitle G—Budget Reconciliation Legislative Recommendations Relating to Promoting Economic Security
- Subtitle H. Budget Reconciliation Legislative Recommendations Relating to Pensions
- Summary
- Legislative Text
- Joint Committee on Taxation Report: Description of the Budget Reconciliation Legislative Recommendations Relating to Pensions
- Subtitle I. Budget Reconciliation Legislative Recommendations Relating to Child Care for Workers
Consolidated Appropriations Act, 2021 (H.R. 133), as passed by the House and Senate on December 21, 2020
- Legislative text of the Consolidated Appropriations Act, 2021
- Division-by-division summary of authorizing matters
- House Ways and Means Committee section-by-section summary of tax provisions
- Joint Committee on Taxation revenue estimate
- Congressional Budget Office for Divisions A through L of H.R. 133
- House Ways and Means Committee (Republican) reforming the tax extender process
- House Ways and Means Committee (Republican) provisions in the 2020 year-end legislation
- Congressional Research Service Report: Employee Retention and Employee Retention and Rehiring Tax Credits
Bipartisan Senate/House Problem Solvers Caucus Virus Relief Proposals
- Legislative text of the Emergency Coronavirus Relief Act
- Section-by-section summary of the Emergency Coronavirus Relief Act
- Legislative text of the Bipartisan State and Local Support and Small Business Protection Act
- Section-by-section summary of the Bipartisan State and Local Support and Small Business Protection Act
Delivering Immediate Relief to America's Families, Schools, and Small Businesses Act
- Draft relief package proposed by Senate Majority Leader Mitch McConnell (R-KY) for potential floor consideration
Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act (Revised - H.R. 925, passed October 1, 2020; original - H.R. 6800, passed May 15, 2020)
- Legislative text of H.R. 925 (as passed by the House on October 1, 2020)
- Section-by-section summary of H.R. 925
- Joint Committee on Taxation estimate of the revenue provisions the HEROES Act (as passed by the House October 1, 2020)
- Congressional Research Service Report: Revenue Provisions of the revised HEROES Act
- Legislative text of H.R. 6800 (as introduced on May 12, 2020)
- Summary of H.R. 6800 as introduced
- House Ways and Means Committee press release
- Joint Committee on Taxation (JCT) estimate of the revenue provisions of the HEROES Act
- Congressional Research Service Report: HEROES Act: Division B—Revenue Provisions
- Congressional Research Service Report: COVID-19: Summary of the Direct Payments Proposed in the HEROES Act
- Congressional Research Service Report: How Would the HEROES Act Modify the Direct Payments Enacted in the CARES Act?
- Congressional Research Service Report: Selected Federal Reserve Provisions
- Congressional Budget Office (CBO) cost estimate of the HEROES Act as passed by the House
Health, Economic Assistance, Liability Protection and Schools (HEALS) Act
The HEALS Act comprises eight separately proposed bills.
- American Workers, Families, and Employers Assistance Act (S. 4318)
- Sponsor: Sen. Charles Grassley (R-IA)
- Legislative text
- Section-by-section summary
- Supporting America's Restaurant Workers Act (S. 4319)
- Sponsor: Sen. Tim Scott (R-SC)
- Legislative text
- Restoring Critical Supply Chains and Intellectual Property Act (S. 4324)
- Sponsor: Sen. Lindsay Graham (R-SC)
- Legislative text
- Section-by-section summary
- Continuing Small Business Recovery and Paycheck Protection Program Act (S. 4321)
- Sponsor: Sen. Marco Rubio (R-FL)
- Legislative text
- Section-by-section summary
- One-page summary
- Safely Back to School and Back to Work Act (S. 4322)
- Sponsor: Sen. Lamar Alexander (R-TN)
- Legislative text
- Section-by-section summary
- One-pager: student loan provisions
- One-pager: school choice provisions
- One-pager: child care provisions
- Safeguarding America’s Frontline Employees To Offer Work Opportunities Required to Kickstart the Economy Act (SAFE TO WORK) Act (S. 4317)
- Sponsor: Sen. John Cornyn (R-TX)
- Legislative text
- Section-by-section summary
- Coronavirus Response Additional Supplemental Appropriations Act, 2020 (S. 4320)
- Sponsor: Sen. Richard Shelby (R-AL)
- Legislative text
- Summary
- Time to Rescue United States Trusts (TRUST) Act of 2020 (S. 4323)
- Sponsor: Sen. Mitt Romney (R-UT)
- Legislative text
- One-page summary
- Section-by-section summary
Coronavirus Aid, Relief, and Economic Security (CARES) Act (H.R. 748, P.L. 116-136)
- Legislative text of H.R. 748 (as approved by the House and Senate)
- Senate Finance Committee summary of the bill's tax and unemployment provisions
- Senate Finance Committee summary of the bill's health provisions
- Senate Health, Education, Labor and Pensions (HELP) Committee summary of the provisions within its jurisdiction
- Senate Banking Committee Section-by-Section Summary
- Senate Banking Committee Summary of Lending Provisions
- Senate Small Business Committee Section-by-Section Summary of CARES Act Title 1 - Keeping American Workers Paid and Employed Act
- Senate Appropriations Committee summary of the bill's emergency spending provisions
- House Republican Ways and Means Committee summary of key tax and health provisions
- JCT revenue estimate for CARES Act
- JCT description of the tax provisions of the CARES Act
- Congressional Research Service Report: The CARES Act - Tax Relief for Individuals and Businesses
- President's signing statement on H.R. 748 on March 27, 2020
- Senate Finance Committee FAQs on employee retention credit
- Congressional Research Service Report: The Employee Retention Tax Credit
- Senate Finance Committee CARES Act Retirement Provisions FAQs
- Congressional Research Service Report: Retirement and Pension Provisions in the CARES Act
- Congressional Research Service Report: Interaction of International Tax Provisions with Business Provisions in the CARES Act
- Congressional Research Service Report: Tax Treatment of Net Operating Losses (NOLs) in the CARES Act
- Congressional Research Service Report: Limits on Business Interest Deductions Under the CARES Act
- CARES Act section-by-section summary
- CBO preliminary estimate of the effects of H.R. 748
- CBO Report: Budgetary Effects of Laws Enacted in Response to the 2020 Coronavirus Pandemic, March and April 2020
- Congressional Research Service Report: Charitable Contribution Deductions
Precursor Materials for the Coronavirus Aid, Relief, and Economic Security (CARES) Act (introduced as S. 3548)
- Legislative text of S. 3548, the "Coronavirus Aid, Relief, and Economic Security Act" (CARES Act) as introduced on March 19, 2020
- Senate Finance Committee summary of the individual and business tax provisions of the CARES Act
- Senate Finance Committee summary of the health-related tax provisions in the CARES Act
- Senate Health, Education, Labor, and Pensions (HELP) Committee summary of health provisions in the CARES Act within its jurisdiction
- Senate Commerce Committee summary of the bill's provisions affecting airlines and other distressed industries
- Treasury Department's initial "Stage Three Proposal" to Senate Republicans on March 17, 2020
Families First Coronavirus Response Act (H.R. 6201, Public Law 116-127) (FFCRA)
- Bill text as signed into law
- JCT technical explanation of Division G, "Tax Credits For Paid Sick And Paid Family And Medical Leave," of the FFCRA
- JCT estimated revenue effects of the revenue provisions contained in Division G of the FFCRA
- CBO preliminary estimate of the effects of the FFCRA
- House Education and Labor Committee Republican summary
- DOL Webinar Slides on the FFCRA
Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020 (H.R. 6074, Public Law No: 116-123)
- Text as enacted into law
- House Appropriations Committee summary
- Congressional Budget Office Cost estimate of H.R. 6074
- Congressional Research Service Report: Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020 (P.L. 116-123): First Coronavirus Supplemental