cheaptrix/billsum-US_congress_and_house huggingface dataset:
Stop Subsidizing Multimillion Dollar Corporate Bonuses Act

To amend the Internal Revenue Code of 1986 to expand the denial of deduction for certain excessive employee remuneration, and for other purposes. 1. Short title This Act may be cited as the Stop Subsidizing Multimillion Dollar Corporate Bonuses Act 2. Expansion of denial of deduction for certain excessive employee remuneration (a) In general (1) Expansion Section 162(m) (A) by striking applicable employee remuneration applicable remuneration (B) by striking covered employee covered individual (C) by striking employee individual (2) Covered individual Paragraph (3) of section 162(m) of such Code is amended to read as follows: (3) Covered individual For purposes of this subsection, the term covered individual (A) any individual who performs services (directly or indirectly) for the taxpayer (or any predecessor) for any taxable year beginning after December 31, 2020, or (B) any employee— (i) who was the principal executive officer or principal financial officer of the taxpayer (or any predecessor) at any time during any preceding taxable year beginning after December 31, 2016, and before January 1, 2021, or who was an individual acting in such a capacity, or (ii) the total compensation of whom for any taxable year described in clause (i) was required to be reported to shareholders under the Securities Exchange Act of 1934 by reason of such individual being among the 3 highest compensated officers for the taxable year (other than any individual described in clause (i)). Such term shall include any employee who would be described in subparagraph (B)(ii) if the reporting described in such subparagraph were required as so described. . (3) Conforming amendments (A) The heading for section 162(m) employee (B) The heading for section 162(m)(4) is amended by striking employee (b) Modification of definition of publicly held corporation Section 162(m)(2) (1) by inserting , with respect to any taxable year, means (2) by striking subparagraph (B) and inserting the following: (B) that was required to file reports under section 15(d) of such Act ( 15 U.S.C. 78o(d) . (c) Regulatory authority (1) In general Section 162(m) (7) Regulations The Secretary may prescribe such guidance, rules, or regulations as are necessary to carry out the purposes of this subsection, including regulations— (A) with respect to reporting, and (B) to prevent avoidance of the purposes of this section by providing compensation through a pass-through or other entity. . (2) Conforming amendment Paragraph (6) of section 162(m) of such Code is amended by striking subparagraph (H). (d) Effective date The amendments made by this section shall apply to taxable years beginning after December 31, 2022.

Summary: Stop Subsidizing Multimillion Dollar Corporate Bonuses Act This bill extends the $1 million limit on the deductibility of executive compensation to all employees of publicly traded corporations.
To amend the Federal Reserve Act to establish a permanent Bank Term Funding Program to provide member banks and other depository institutions with short-term liquidity against long-term assets.

To amend the Federal Reserve Act to establish a permanent Bank Term Funding Program to provide member banks and other depository institutions with short-term liquidity against long-term assets. 1. Federal Reserve Bank Term Funding Program The Federal Reserve Act ( 12 U.S.C. 221 et seq. 10C. Bank Term Funding Program (a) In general There is established a Bank Term Funding Program, under which a Federal reserve bank may, subject to rules established by the Board of Governors of the Federal Reserve System, make advances to eligible borrowers, subject to eligible collateral pledged by an eligible borrower. (b) Program requirements In making advances under the Bank Term Funding Program— (1) advances may only be made in an amount up to the amount of the eligible collateral pledged, but advances shall be made with recourse beyond the pledged collateral; (2) advances shall be made at a fixed rate equal to the one-year overnight index swap rate plus 10 basis points, as of the day the advance is made; (3) collateral shall be valued at par value and margin shall be 100 percent of par value; (4) borrowers shall be allowed to prepay without penalty; (5) advances shall be made available with a term of up to 1 year; and (6) a Federal reserve bank may not charge the borrower a fee. (c) Definitions In this section: (1) Eligible borrower The term eligible borrower (2) Eligible collateral The term eligible collateral .

Summary: This bill establishes the Bank Term Funding Program, which allows a Federal Reserve bank to make advances to depository institutions that pledge certain collateral fully guaranteed by the United States. An advance must be made available with a term of up to one year.
Small Business Stability Act

To amend the Federal Deposit Insurance Act to allow the Board of Directors of the Federal Deposit Insurance Corporation to guarantee noninterest-bearing transaction accounts for a certain period, and for other purposes. 1. Short title This Act may be cited as the Small Business Stability Act 2. Federal Deposit Insurance Corporation guarantee of uninsured deposits for a certain period Section 13(c)(4) of the Federal Deposit Insurance Act ( 12 U.S.C. 1823(c)(4) (1) in subparagraph (B), by inserting and except as provided in subparagraph (H), Fund, (2) by redesignating subparagraph (H) as subparagraph (I); and (3) by inserting after subparagraph (G) the following: (H) Guarantee of uninsured deposits In exercising the authority under this subsection with respect to any insured depository institution, the Corporation may guarantee deposits in noninterest-bearing transaction accounts for a single period not to exceed 60 days without regard for the requirements of subparagraph (B) if, upon the written recommendation of the Board of Directors (upon a vote of not less than two-thirds of the members of the Board of Directors) and the Board of Governors of the Federal Reserve System (upon a vote of not less than two-thirds of the members of such Board), the Secretary of the Treasury (in consultation with the President) determines that— (i) the Corporation’s compliance with subparagraphs (A) and (E) with respect to any insured depository institution for which the Corporation proposes to guarantee deposits in noninterest-bearing transaction accounts would have serious adverse effects on the stability of the entire banking system; and (ii) the Corporation’s proposed guarantee of deposits in noninterest-bearing transaction accounts would avoid or mitigate such adverse effects. .

Summary: Small Business Stability Act This bill allows the Federal Deposit Insurance Corporation (FDIC) to guarantee an insured depository institution's uninsured deposits in noninterest-bearing transaction accounts for a single period not to exceed 60 days without complying with requirements to minimize cost to the Deposit Insurance Fund. This authority requires (1) written recommendations from the FDIC board and the Board of Governors of the Federal Reserve System, and (2) a determination from the Department of the Treasury that this step would avoid or mitigate adverse effects on the stability of the banking system.
National Museum of Play Recognition Act

To recognize the Margaret Woodbury Strong Museum in Rochester, New York. 1. Short title This Act may be cited as the National Museum of Play Recognition Act 2. Designation of National Museum of Play in Rochester, New York (a) Congressional recognition Congress— (1) recognizes that the Margaret Woodbury Strong Museum, DBA Strong Museum, located in Rochester, New York, is the only museum of its kind that exists for the exclusive purpose of exploring the ways in which play encourages learning, creativity, and discovery, and how it illuminates cultural history; and (2) officially designates the Margaret Woodbury Strong Museum as the National Museum of Play. (b) Effect of recognition; designation The National Museum of Play recognized in subsection (a) is not a unit of the National Park System and the designation under subsection (a) shall not be construed to require or permit Federal funds to be expended for any purpose related to the Museum. April 2, 2024 Referred to the House Calendar and ordered to be printed

Summary: National Museum of Play Recognition ActThis bill designates the Margaret Woodbury Strong Museum in Rochester, New York, as the National Museum of Play.
Equality in the Halls of Congress Act

To permit the territories of the United States to provide and furnish statues for placement in National Statuary Hall. 1. Short title (a) Short title This Act may be cited as the Equality in the Halls of Congress Act 2. Placement of statues from territories in National Statuary Hall (a) Placement of statues Section 1814 of the Revised Statutes of the United States ( 2 U.S.C. 2131 For purposes of this section, the term State (b) Conforming amendment relating to replacement of statues Section 311 of the Legislative Branch Appropriations Act, 2001 ( 2 U.S.C. 2132 (f) For purposes of this section, the term State .

Summary: Equality in the Halls of Congress Act This bill authorizes the President to invite each U.S. territory to provide and furnish no more than two statues for placement in National Statuary Hall.
Reservist Pay Equity Act of 2023

To amend the Internal Revenue Code of 1986 to increase the differential wage payment credit. 1. Short title This Act may be cited as the Reservist Pay Equity Act of 2023 2. Expansion of employer wage credit for employees who are active duty members of the uniformed services (a) Increase in differential wage payment credit Section 45P(a) 20 percent 50 percent (b) Adjustment for inflation Section 45P(b) of such Code is amended by adding at the end the following new paragraph: (4) Adjustment for inflation In the case of any taxable year beginning after 2023, the $20,000 amount in paragraph (1) shall be increased by an amount equal to— (A) such dollar amount, multiplied by (B) the cost-of-living adjustment determined under section 1(f)(3) for the calendar year in which the taxable year begins, by substituting calendar year 2022 calendar year 2016 If the amount as increased under the preceding sentence is not a multiple of $100, such amount shall be rounded to the nearest multiple of $100. . (c) Effective date The amendments made by this section shall apply to payments made after the date of enactment of this Act.

Summary: Reservist Pay Equity Act of 2023 This bill increases the rate of the differential wage payment tax credit from 20% to 50% and requires that the maximum dollar amount of such credit be adjusted for inflation after 2023. The credit is allowed to employers for their employees who are active duty members of the uniformed services.
Preventing Executive Climate Overreach Act

To provide that Executive Order 14096 shall have no force or effect. 1. Short title This Act may be cited as the Preventing Executive Climate Overreach Act 2. Executive Order 14096 Executive Order 14096 (88 Fed. Reg. 25251; relating to revitalizing our Nation's commitment to environmental justice for all) shall have no force or effect.

Summary: Preventing Executive Climate Overreach Act This bill nullifies Executive Order 14096, which was issued on April 26, 2023, to advance environmental justice.
RIDE for Ukraine Act

To make nationals of Ukraine who are present in the United States eligible for REAL ID benefits, and for other purposes. 1. Short title This Act may be cited as the REAL ID Eligibility for Ukraine Act RIDE for Ukraine Act 2. REAL ID benefits Section 401(b) of the Additional Ukraine Supplemental Appropriations Act, 2022 ( 8 U.S.C. 1101 (1) in paragraph (1), by striking and (2) in paragraph (2), by striking the period at the end and inserting ; and (3) by adding at the end the following: (3) a driver’s license or identification card under section 202 of the REAL ID Act of 2005 (division B of Public Law 109–13 .

Summary: REAL ID Eligibility for Ukraine Act or the RIDE for Ukraine Act This bill makes certain citizens or nationals of Ukraine eligible for a REAL ID driver's license or identification card in the United States. Specifically, this bill applies to a citizen or national of Ukraine (or an individual who last habitually resided in Ukraine) who was paroled into the United States between February 24, 2022, and September 30, 2023, as well as certain individuals paroled into the United States after that period.
Northern Mariana Islands Medicaid Equivalence Act

To amend title XI of the Social Security Act to increase the payment limit under Medicaid for the Northern Mariana Islands. 1. Short title This Act may be cited as the Northern Mariana Islands Medicaid Equivalence Act 2. Increasing payment limit under Medicaid for the Northern Mariana Islands Section 1108(g)(2)(D) of the Social Security Act ( 42 U.S.C. 1308(g)(2)(D) (1) in clause (i), by striking clause (ii) clauses (ii) through (iv) (2) in clause (ii), by striking and (3) by adding at the end the following new clause: (iv) for fiscal year 2024, the amount determined under subparagraph (E) with respect to American Samoa for such fiscal year; and .

Summary: Northern Mariana Islands Medicaid Equivalence Act This bill requires the Medicaid funding cap for the Northern Mariana Islands to be the same as that for American Samoa in FY2024.
COMFORT Act

To authorize the provision of non-medical counseling services to a member of the Armed Forces, or a dependent of such member, by a mental health professional, without regard to the location of the provider or recipient of such services. 1. Short title This Act may be cited as the Comforting Our Military Families through On-base or Remote Treatment Act COMFORT Act 2. Non-medical counseling services for military families (a) Non-Medical counseling services Notwithstanding any other provision of law, a mental health professional described in subsection (b) may provide non-medical counseling services to military families at any location in a State, the District of Columbia, or a territory or possession of the United States, without regard to where the provider or recipient of such services is located, if the provision of such services is within the scope of the authorized Federal duties of the provider. (b) Covered mental health professionals A mental health professional described in this subsection is a person who is— (1) a currently licensed or certified mental health care provider who holds an unrestricted license or certification that is— (A) issued by a State, the District of Columbia, or a territory or possession of the United States; and (B) recognized by the Secretary of Defense; (2) a member of the Armed Forces, a civilian employee of the Department of Defense, or a contractor designated by the Secretary; and (3) performing authorized duties for the Department of Defense under a program or activity referred to in subsection (a).

Summary: Comforting Our Military Families through On-base or Remote Treatment Act or the COMFORT Act This bill authorizes mental health professionals to provide nonmedical counseling services to military families regardless of where the provider or recipient is located, so long as the provision of services is (1) in the United States or a U.S. territory or possession, and (2) within the scope of the authorized duties of the provider. For purposes of the bill, mental health professionals include individuals who are licensed or certified mental health providers and are members of the Armed Forces, civilian Department of Defense (DOD) employees, or DOD contractors.
Grant Assistance and Technical Education Act

To amend the Public Health Service Act, to establish within the Office of Minority Health, the position of Outreach Coordinator, and for other purposes. 1. Short title This title may be cited as the Grant Assistance and Technical Education Act 2. Outreach coordinator Section 1707(d) of the Public Health Service Act ( 42 U.S.C. 300u–6(d) (4) Outreach coordinator (A) In general In carrying out subsection (b), the Secretary shall establish within the Office, the position of Outreach Coordinator. The Outreach Coordinator shall be appointed by the Secretary, and shall report directly to the Director in the Office of Minority Health. (B) Duties The duties of the Outreach Coordinator shall consist of assisting community-based organizations navigate the application for, and any associated conditions on the receipt of, funding available to nongovernmental organizations under grant programs administered by the Secretary. (C) Priority In providing assistance under subparagraph (B), the Outreach Coordinator shall give priority to community-based organizations that— (i) have had a significant impact on the community served by the organization involved, with respect to providing culturally competent and culturally specific care; (ii) demonstrate a connection to marginalized groups in the community served by the organization involved; and (iii) have less experience in applying for an receiving funding described in subparagraph (B). . 3. Assistance to community-based organizations Section 1707(e) of the Public Health Service Act ( 42 U.S.C. 300u–6(e) (4) Assistance to community-based organizations The Deputy Assistant Secretary shall award grants to State and local public health entities for purposes of— (A) coordinating with community-based organizations for the purposes of public health messaging and assisting in carrying out programs administered by the Secretary; (B) hiring and training employees of such entities; (C) subgranting funds to community-based organizations to carry out programs to promote health priorities in marginalized communities; and (D) providing technical assistance to such organizations to meet reporting requirements under grant programs administered by the Secretary. .

Summary: Grant Assistance and Technical Education Act This bill supports the capacity of community-based organizations to obtain federal funding for public health and related programs. In particular, the bill establishes a position within the Office of Minority Health to assist such organizations apply for and meet conditions of grants available through the Department of Health and Human Services. It also creates grants for state and local public health entities to provide technical assistance and similar assistance to community-based organizations to carry out and obtain federal funding for public health programs.
Close the Double Subsidy Loophole for Electric Vehicles Act

To amend the Internal Revenue Code of 1986 to reduce the tax credit for new qualified plug-in electric drive motor vehicles by State subsidies for these vehicles. 1. Short title This Act may be cited as the Close the Double Subsidy Loophole for Electric Vehicles Act 2. Qualified plug-in electric vehicle tax credit reduction in connection with State subsidy (a) In general Subsection (f) of section 30D (12) Reduction for State subsidies (A) In general The amount allowed as a credit under this section (without regard to this paragraph) with respect to a vehicle to which this section applies shall be reduced (but not below zero) by the amount of any subsidy in connection with the acquisition or ownership of the vehicle made available by the State in which such vehicle is registered and placed in service by the taxpayer. (B) Subsidy For purposes of subparagraph (A), term subsidy . (b) Effective date The amendment made by subsection (a) shall apply to property placed in service after the date of the enactment of this Act.

Summary: Close the Double Subsidy Loophole for Electric Vehicles Act This bill reduces the allowable amount of the tax credit for a new qualified plug-in electric drive motor vehicle by any subsidy made available by the state in which the vehicle is registered and was placed in service.
Permanent Tax Cuts for American Families Act of 2023

To amend the Internal Revenue Code of 1986 to permanently increase the standard deduction. 1. Short title This Act may be cited as the Permanent Tax Cuts for American Families Act of 2023 2. Increase in standard deduction made permanent (a) In general Section 63(c)(2) (1) by striking $4,400 $18,000 (2) by striking $3,000 $12,000 (b) Inflation adjustment Section 63(c)(4) of such Code is amended to read as follows: (4) Adjustments for inflation (A) In general Each dollar amount in paragraph (2)(B), (2)(C), or (5) or subsection (f) shall be increased by an amount equal to— (i) such dollar amount, multiplied by (ii) the cost-of-living adjustment determined under section 1(f)(3) for the calendar year in which the taxable year begins, determined by substituting for 2016 (I) in the case of the dollar amounts contained in paragraph (2)(B) or (2)(C), 2017 (II) in the case of the dollar amounts contained in paragraph (5)(A) or subsection (f), 1987 (III) in the case of the dollar amount contained in paragraph (5)(B), 1997 (B) Rounding If any increase under this clause is not a multiple of $50, such increase shall be rounded to the next lowest multiple of $50. . (c) Conforming amendment Section 63(c) of such Code is amended by striking paragraph (7). (d) Effective date The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.

Summary: Permanent Tax Cuts for American Families Act of 2023 This bill permanently increases the standard tax deduction for nonitemizing taxpayers. It also requires an inflation adjustment to the increased deduction amounts.
Eliminate DEI in the Military Act

To prohibit the use of Federal funds for any DEI activity in the Armed Forces, and for other purposes. 1. Short title This Act may be cited as the Eliminate DEI in the Military Act 2. Prohibition on use of funds for diversity, equity, and inclusion activities in the military (a) In general No Federal funds may be obligated or expended for any DEI activity of— (1) an Armed Force; (2) a national service academy; or (3) the Department of Defense. (b) Definitions In this section: (1) The term DEI activity (A) a training; (B) a program; (C) educational material; (D) a position of employment; and (E) an appointment. (2) The term national service academy

Summary: Eliminate DEI in the Military Act This bill prohibits the use of federal funds for diversity, equity, and inclusion activities (e.g., training) of the Armed Forces, national service academies, or the Department of Defense.