Legislative Activity

The "Pandemic Unemployment Fraud Enforcement Act" extends the statute of limitations to 10 years for prosecuting fraud related to specific pandemic unemployment programs. It applies to violations or conspiracies under Title 18 and Title 31 of the U.S. Code and rescinds $5,000,000 from previously allocated funds to offset the budget. The changes made by this law will begin on the date of enactment.

This resolution expresses the House's disapproval of the IRS rule on digital asset sales reporting, arguing it is unconstitutional and infringes on the House's privileges. It requests the Senate to return the joint resolution to the House.

This bill allocates $30,290,000 from the House of Representatives' funds for the Committee on Ways and Means to cover expenses, including staff salaries, during the One Hundred Nineteenth Congress. It sets spending limits for two sessions: no more than $14,963,888 from January 3, 2025, to January 3, 2026, and no more than $15,326,112 from January 3, 2026, to January 3, 2027. Payments will be made through vouchers authorized by the Committee and following the regulations set by the House Administration Committee.

The "Defending American Jobs and Investment Act" combats unfair foreign taxes by requiring reports on countries with extraterritorial or discriminatory taxes, mandating engagement with those countries to address these issues, and authorizing remedial actions such as increased tax rates and procurement prohibitions. This act aims to protect U.S. businesses and investments from discriminatory tax practices and ensure fair international trade.

The United States-Taiwan Expedited Double-Tax Relief Act aims to reduce double taxation and encourage economic activity between the U.S. and Taiwan by lowering tax rates on certain income for Taiwanese residents and businesses in the U.S., contingent upon Taiwan offering reciprocal benefits to U.S. individuals and companies. Additionally, the United States-Taiwan Tax Agreement Authorization Act outlines the process for establishing a tax agreement with Taiwan, ensuring congressional oversight and adherence to existing U.S. tax laws, to further reduce double taxation.