jiayi-li23/proxann_data huggingface dataset:
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2010-09-29 00:00:00

Advanced Energy Tax Incentives Act of 2010 - Amends the Internal Revenue Code to: (1) increase and extend the tax credit for new energy efficient homes; (2) increase the rate of the tax deduction for energy efficient commercial buildings; and (3) increase capacity limitations for purposes of the energy tax credit for combined heat and power system property. Allows: (1) a new tax credit for the cost of home energy ratings; (2) a business-related tax credit for the training and certification costs of home energy performance auditors and for motor energy efficiency improvements; (3) a 50% tax credit for performance-based home energy improvements; (4) a tax credit for investment in a qualifying efficient industrial process water use project; (5) a new tax credit for chlorofluorocarbon (CFC) chiller replacement; (6) accelerated depreciation for certain alternative energy property and natural gas distribution facilities; and (7) a new tax credit for the cost of an idling reduction device installed on a heavy-duty diesel-powered on-highway vehicle. Increases the limitation on allocations for the qualifying advanced energy project tax credit. Allows a tax credit for investment in a qualifying industrial energy efficiency project (a project that reduces energy inputs for a given level of production by capital expenditures). Allows: (1) a 20% energy tax credit for investment in energy storage property directly connected to the power grid: (2) financing of such property with new clean renewable energy bonds; (3) a 30% energy tax credit for investment in qualified onsite energy storage property; and (4) a 30% nonbusiness energy property tax credit for qualified residential energy storage equipment. Extends through 2012 the tax credit for producing electricity from offshore wind facilities. Increases and expands the tax credit for carbon dioxide sequestration. Modifies the definition of "cellulosic biofuel" for purposes of the cellulosic biofuel producer tax credit and the special depreciation allowance to mean any liquid fuel that is derived solely from qualified feedstocks (defined as any lignocellulosic or hemicellulosic matter that is available on a renewable or recurring basis and any cultivated algae, cyanobacteria, or lemna).
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2010-11-18 00:00:00

Tax Relief Certainty Act - Eliminates the terminating date of the Economic Growth and Tax Relief Reconciliation Act of 2001, thus making the provisions of such Act permanent. Terminates after December 31, 2011, provisions of the Patient Protection and Affordable Care Act increasing tax benefits for adoption. Eliminates the terminating date of the Jobs and Growth Tax Relief Reconciliation Act of 2003 applicable to provisions reducing tax rates on dividends and capital gains. Amends the Internal Revenue Code to: (1) phase-in between 2010 through 2020 increases in the exemption amount for the alternative minimum tax (AMT); and (2) make permanent offsets against the AMT for certain nonrefundable tax credits.
Topic: Macroeconomics — Tax Code
Subject: Social welfare
Date: 2010-11-19 00:00:00

Emergency Senior Citizens Relief Act of 2010 - Amends the Assistance for Unemployed Workers and Struggling Families Act, title II of the American Recovery and Reinvestment Tax Act of 2009, to extend: (1) through 2011 the $250 economic recovery payments to recipients of Social Security, Supplemental Security Income (SSI) (title XVI of the Social Security Act), railroad retirement benefits, and veterans disability compensation or pension benefits; and (2) through 2011 the special tax credit for certain government retirees. Makes additional appropriations through FY2013 to cover such payments.
Topic: Macroeconomics — Tax Code
Subject: Social welfare
Date: 2010-11-29 00:00:00

Emergency Senior Citizens Relief Act of 2010 - Amends the Assistance for Unemployed Workers and Struggling Families Act, title II of the American Recovery and Reinvestment Tax Act of 2009, to extend: (1) through 2011 the $250 economic recovery payments to recipients of Social Security, Supplemental Security Income (SSI) (title XVI of the Social Security Act), railroad retirement benefits, and veterans disability compensation or pension benefits; and (2) through 2011 the special tax credit for certain government retirees. Makes additional appropriations through FY2013 to cover such payments.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2012-07-30 00:00:00

Middle Class Tax Cut Act - Extends through 2013 for a taxpayer whose income is $200,000 or less ($250,000 for married couples filing a joint return): (1) the tax rate reductions and other tax benefits of the Economic Growth and Tax Relief Reconciliation Act of 2001, and (2) the reduction in the tax rate for dividend and capital gain income enacted by the Jobs and Growth Tax Relief Reconciliation Act of 2003. Increases income tax rates and phases-out personal exemptions and itemized deductions for certain high-income taxpayers. Amends the Internal Revenue Code to extend through 2013: (1) the increased American Opportunity tax credit, (2) the increase in the refundable portion of the child tax credit, (3) the increased earned income tax credit percentage for three or more qualifying children, (4) the disregard of tax refunds in determining eligibility for federal and federally-assisted programs, and (5) the election to expense depreciable business assets. Extends for one year: (1) the increased exemption amount for the alternative minimum tax (AMT), and (2) the offset against the AMT of certain nonrefundable personal tax credits. Provides that the budgetary effects of this Act shall not be taken into account under the Statutory Pay-As-You-Go Act of 2010.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2012-07-30 00:00:00

Sensible Estate Tax Relief Act of 2012 - Extends through 2013 provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 pertaining to estates, gifts, and generation-skipping transfers. Amends the Internal Revenue Code to: (1) allow a basic estate tax exclusion amount of $3.5 million, and (2) establish a maximum 45% estate tax rate. Exempts the budgetary effects of this Act from the Statutory Pay-As-You-Go Act of 2010.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-01-05 00:00:00

Fair Tax Act of 2011 - Repeals the income tax, employment tax, and estate and gift tax. Redesignates the Internal Revenue Code of 1986 as the Internal Revenue Code of 2011. Imposes a national sales tax on the use or consumption in the United States of taxable property or services. Sets the sales tax rate at 23% in 2013, with adjustments to the rate in subsequent years. Allows exemptions from the tax for property or services purchased for business, export, or investment purposes, and for state government functions. Sets forth rules relating to: (1) the collection and remittance of the sales tax, and (2) credits and refunds. Allows a monthly sales tax rebate for families meeting certain size and income requirements. Grants states the primary authority for the collection of sales tax revenues and the remittance of such revenues to the Treasury. Sets forth administrative provisions relating to: (1) the filing of monthly reports and payments of tax, (2) accounting methods, (3) registration of sellers of goods and services responsible for reporting sales, (4) penalties for noncompliance, and (5) collections, appeals, and taxpayer rights. Directs the Secretary of the Treasury to allocate sales tax revenues among: (1) the general revenue, (2) the old-age and survivors insurance trust fund, (3) the disability insurance trust fund, (4) the hospital insurance trust fund, and (5) the federal supplementary medical insurance trust fund. Prohibits the funding of the Internal Revenue Service (IRS) after FY2015. Establishes in the Department of the Treasury: (1) an Excise Tax Bureau to administer excise taxes not administered by the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF), and (2) a Sales Tax Bureau to administer the national sales tax. Terminates the sales tax imposed by this Act if the Sixteenth Amendment to the U.S. Constitution (authorizing an income tax) is not repealed within seven years after the enactment of this Act.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-01-05 00:00:00

End Tax Uncertainty Act of 2011 - Makes permanent: (1) the Economic Growth and Tax Relief Reconciliation Act of 2001; (2) provisions of the Jobs and Growth Tax Relief Reconciliation Act of 2003 that reduce income tax rates on dividend and capital gains income; and (3) the repeal of the estate, gift, and generation-skipping transfer taxes. Amends the Internal Revenue Code to: (1) repeal the alternative minimum tax (AMT) on individual taxpayers; and (2) reduce to 25% the maximum income tax rate on corporations, including personal service corporations.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-01-05 00:00:00

Amends the Internal Revenue Code to change the income tax filing deadline for calendar year taxpayers from April 15 to the first Monday in November.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-01-05 00:00:00

Fair and Simple Tax Act of 2011 - Amends the Internal Revenue Code to: (1) establish an alternative income tax rate system with three tax brackets (10, 15, and 30%); (2) repeal the estate and gift tax; (3) adjust the increased alternative minimum tax (AMT) exemption amounts for inflation after 2011 and make such exemptions permanent; (4) reduce the maximum corporate income tax rate to 25%; (5) reduce the maximum tax rate on capital gains to 10%; (6) allow an inflation adjustment to the basis of capital assets for purposes of determining gain or loss; (7) establish new tax-exempt accounts for retirement savings, lifetime savings, and lifetime skills accounts; (8) exempt individuals under age 65 who do not have employer health care coverage from the adjusted gross income threshold for the medical care tax deduction; and (9) make permanent the tax credit for increasing research activities. Repeals the terminating dates applicable to provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 and the Jobs and Growth Tax Relief Reconciliation Act of 2003.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-01-05 00:00:00

Makes permanent: (1) the Economic Growth and Tax Relief Reconciliation Act of 2001; (2) provisions of the Jobs and Growth Tax Relief Reconciliation Act of 2003 that reduce income tax rates on dividend and capital gain income; and (3) the repeal of the estate, gift, and generation-skipping transfer taxes.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-01-05 00:00:00

Amends the Internal Revenue Code to: (1) extend through 2014 the standard tax deduction for real property taxes; and (2) allow an annual inflation adjustment to the allowable amount of such deduction.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-01-05 00:00:00

Create Jobs by Expanding the R&D Tax Credit Act of 2011 - Amends the Internal Revenue Code to: (1) increase the rate of the tax credit for increasing research activities in 2011 and 2012; (2) extend such tax credit through 2012; and (3) allow certain small business concerns to assign research tax credit amounts in 2011 and 2012.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-01-05 00:00:00

Permanently Repeal the Estate Tax Act of 2011 - Repeals the federal estate tax, effective for estates of decedents dying after December 31, 2010.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-01-05 00:00:00

Expensing Property Expands our Nation's Strong Economy Act of 2011 or the EXPENSE Act of 2011 - Amends the Internal Revenue Code to: (1) repeal the limitations on the expensing of depreciable business assets; and (2) allow taxpers to elect a two-year recovery period for depreciable property.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-01-05 00:00:00

Simple Savings Tax Relief Act of 2011 - Amends the Internal Revenue Code to exclude from gross income up to $400 (twice such amount on a joint return) of interest income annually. Provides for an inflation adjustment to such exclusion amount beginning after 2012.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-01-05 00:00:00

Death Tax Repeal Act - Repeals the federal estate, gift, and generation-skipping transfer taxes.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-01-05 00:00:00

Permanent Tax Relief Act of 2011 - Makes provisions of the Jobs and Growth Tax Relief Reconciliation Act of 2003 that reduce income tax rates on dividend and capital gain income permanent. Amends the Internal Revenue Code to reduce individual income tax rates for calendar years after 2010. Makes the general terminating date (i.e., December 10, 2010) of the Economic Growth and Tax Relief Reconciliation Act of 2001 inapplicable to provisions of that Act that reduce individual income tax rates.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-01-06 00:00:00

Makes permanent: (1) the Economic Growth and Tax Relief Reconciliation Act of 2001; and (2) the reductions in tax rates for dividend and capital gain income enacted by the Jobs and Growth Tax Relief Reconciliation Act of 2003. Amends the Internal Revenue Code to make permanent: (1) the tax deductions for state and local sales taxes and for tuition and related expenses; and (2) the increased expensing allowance (i.e., $125,000) for depreciable business assets, including computer software.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-01-19 00:00:00

Fair Taxes for Seniors Act of 2011- Amends the Internal Revenue Code to provide a one-time increase (from $250,000 to $500,000, or from $500,000 to $1 million for married taxpayers filing joint returns) in the exclusion of gain from the sale of a principal residence by a taxpayer who has attained the age of 50 before such sale. Provides that in the case of a joint return, only one spouse need satisfy the age requirement.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-01-20 00:00:00

Income Equity Act of 2011- Amends the Internal Revenue Code to: (1) deny employers a tax deduction for payments of excessive compensation to any full-time employee (i.e., compensation for services exceeding the greater of 25 times the lowest compensation paid to any other employee or $500,000), and (2) require such employers to file a report with the Secretary of the Treasury on excessive compensation (as defined by this Act) paid to their employees. Defines "compensation" to include wages, salary, deferred compensation, retirement contributions, options, bonuses, property, and other forms of compensation.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-01-20 00:00:00

Charitable Driving Tax Relief Act of 2011- Amends the Internal Revenue Code to provide that volunteers who use their automobiles for the benefit of a charitable organization may exclude from their gross income reimbursements for their automobile operating expenses at the same level as business employees (i.e., 51 cents per mile in 2011).
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-01-25 00:00:00

Small Business Tax Relief Act of 2011 - Repeals the provision of the Patient Protection and Affordable Care Act that extends to corporations that are not tax-exempt the requirement to report payments of $600 or more. Amends the Internal Revenue Code to impose a 5.4% surcharge on individual taxpayers whose modified adjusted gross income exceeds $1 million. Dedicates revenues from such surcharge to federal deficit or debt reduction.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-01-25 00:00:00

Amends the Internal Revenue Code to make permanent the taxpayer election to deduct state and local general sales taxes in lieu of state and local income taxes.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-01-26 00:00:00

Tax Code Termination Act - Terminates the Internal Revenue Code of 1986 after December 31, 2015, except for self-employment taxes, Federal Insurance Contributions Act (FICA) taxes, and railroad retirement taxes. Requires a two-thirds majority vote in Congress to change such termination date. Declares that any new federal tax system should be a simple and fair system that: (1) applies a low rate to all Americans; (2) provides tax relief for working Americans; (3) protects the rights of taxpayers and reduces tax collection abuses; (4) eliminates the bias against savings and investment; (5) promotes economic growth and job creation; and (6) does not penalize marriage or families. Requires that the new federal tax system be approved by Congress in its final form by July 4, 2015.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-01-26 00:00:00

Amends the Internal Revenue Code to repeal the restrictions on the tax deduction for the travel expenses of a taxpayer's spouse, dependent, or other individual accompanying the taxpayer on business travel.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-01-26 00:00:00

Amends the Internal Revenue Code to increase the income tax deduction for business meals and entertainment expenses from 50 to 75% of such expenses in calendar year 2011 and 80% in 2012 and thereafter.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-01-26 00:00:00

Amends the Internal Revenue Code to make permanent the taxpayer election to deduct state and local general sales taxes in lieu of state and local income taxes.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-01-26 00:00:00

Amends the Internal Revenue Code to qualify Indian tribes as eligible recipients of tax deductible contributions of "apparently wholesome food," as defined by the Bill Emerson Good Samaritan Food Donation Act.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-02-08 00:00:00

Individual AMT Repeal Act of 2011 - Amends the Internal Revenue Code to repeal the alternative minimum tax (AMT) on individuals after 2010.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-02-10 00:00:00

American Competitiveness Act of 2011 - Amends the Internal Revenue Code to reduce the maximum income tax rate on corporations to 25% of corporate taxable income exceeding $50,000. Provides a special rule for any taxable year beginning in 2011 by establishing a maximum 30% rate for corporate taxable income exceeding $75,000.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-02-11 00:00:00

Jumpstarting Our Business Sector Act of 2011 - Amends the Internal Revenue Code to: (1) eliminate the corporate income tax and the tax on the capital gains of individuals and corporations; and (2) extend for one year the additional depreciation allowance for business and investment assets (bonus depreciation), the 100% expensing allowance for such assets, and the election to accelerate the alternative minimum tax (AMT) credit in lieu of bonus depreciation.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-02-14 00:00:00

Tax Relief Certainty Act of 2011 - Eliminates: (1) the terminating date of the Economic Growth and Tax Relief Reconciliation Act of 2001, thus making the tax relief provisions of such Act permanent; and (2) the terminating date of the Jobs and Growth Tax Relief Reconciliation Act of 2003 applicable to reductions in the tax rate for dividend and capital gain income. Amends the Internal Revenue Code to: (1) phase-in between 2011 through 2021increases in the exemption amount for the alternative minimum tax (AMT); and (2) make permanent offsets against the AMT for certain nonrefundable tax credits. Makes permanent the repeal of the estate, gift, and generation-skipping transfer taxes for decedents dying, gifts made, and generation skipping transfers after December 31, 2009.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-02-15 00:00:00

Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011 - Amends the Internal Revenue Code to: (1) repeal requirements for the reporting to the Internal Revenue Service (IRS) of payments of $600 or more to corporations that are not tax-exempt and of gross proceeds paid in consideration for any type of property, (2) repeal requirements for reporting payments made with respect to rental property which is not part of a trade or business, and (3) increase the limitation on recapture of excess advance payments of the tax credit for health insurance premiums.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-02-15 00:00:00

Security in Energy and Manufacturing Act of 2011 or the SEAM Act of 2011 - Amends the Internal Revenue Code to expand the qualifying advanced energy project credit by allocating in 2011 $5 billion of grants or tax credit amounts to manufacturers of goods and components (other than for assembly of components) in the United States that are used in alternative energy projects.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-02-17 00:00:00

Investing in Our Future Act of 2011- Amends the Internal Revenue Code to impose an excise tax on currency transactions exceeding $10,000 equal to 0.005% of the value of the currency acquired in the transaction (currency transaction tax). Establishes in the Treasury: (1) the Child Care Assistance Trust Fund, which shall be funded with 10% of the revenues from the currency transactions tax and which shall be used to provide increased allocations to states for child care assistance; (2) the Multilateral Global Health Trust Fund, which shall be funded with 25% of the revenues from such tax and from which the Secretary of State shall make grants to assist developing countries in addressing HIV/AIDS, tuberculosis, malaria, maternal mortality, family planning, neglected diseases, and other health issues; and (3) the Global Climate Change Adaptation and Mitigation Trust Fund, which shall be funded with 25% of the revenues from such tax and which shall be used for contributions to the Green Climate Fund, and the Adaptation Fund, established pursuant to the United Nations Framework Convention on Climate Change. Requires remaining tax revenues to be used for federal budget deficit reduction or reduction of the federal debt.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-02-17 00:00:00

Extended Tax Relief for All Act of 2011 - Amends the Internal Revenue Code to allow individual taxpayers the full amount of the making work pay tax credit in 2011, less any amount received from the reduction in the employment and self-employment tax for that year.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-02-18 00:00:00

No Loopholes in Social Security Taxes Act - Amends the Internal Revenue Code to modify the definition of "wages" for employment tax purposes to increase the level of remuneration to which such taxes shall apply.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-03-01 00:00:00

Amends the Internal Revenue Code with respect to the charitable tax deduction for contributions of qualified vehicles (i.e., highway motor vehicles, boats, or airplanes) to: (1) set forth revised acknowledgment requirements for vehicles valued at $2,500 or less and vehicles valued at more than $2,500; and (2) revise the penalty for submitting a fraudulent acknowledgment.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-03-03 00:00:00

Amends the Internal Revenue Code to establish a flat income tax rate for corporations, including personal service corporations, of 18% of taxable income.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2011-03-04 00:00:00

Rising Tides Act of 2011 - Amends the Internal Revenue Code to: (1) reduce from 35% to 23% the maximum income tax rate for corporations, including personal service corporations; and (2) repeal certain requirements and limitations on the tax deduction for cash dividends received by a corporation which is a U.S. shareholder from a controlled foreign corporation and make such deduction permanent.