3.0.0 3939 2023-01-11T13:27:07Z 2023-01-11T13:27:07Z House H HR 2014-01-28 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. NEAL:H.R. 3939.Congress has the power to enact this legislation pursuantto the following:Clause 1 of Section 8 of Article 1 and the 16th Amendmentto the U.S. Constitution[Page H1480]]]> hsed00 Education and the Workforce Committee House Standing hsed10 Workforce Protections Subcommittee Referred to 2014-06-13T17:54:27Z Referred to 2014-01-28T15:01:10Z hspw00 Transportation and Infrastructure Committee House Standing hspw02 Water Resources and Environment Subcommittee Referred to 2014-01-29T16:08:37Z hspw14 Railroads, Pipelines, and Hazardous Materials Subcommittee Referred to 2014-01-29T16:08:21Z hspw12 Highways and Transit Subcommittee Referred to 2014-01-29T16:08:13Z hspw05 Aviation Subcommittee Referred to 2014-01-29T16:08:01Z Referred to 2014-01-28T15:01:05Z hswm00 Ways and Means Committee House Standing Referred to 2014-01-28T15:01:00Z Balancing Act 113 505 HR 2013-04-23 Referred to the Subcommittee on Higher Education and Workforce Training. Related bill CRS Put America Back to Work Act 113 535 HR 2013-02-06 Referred to the House Committee on Ways and Means. Related bill CRS Build America Bonds Act of 2013 113 789 HR 2013-02-15 Referred to the House Committee on Ways and Means. Related bill CRS Fair Minimum Wage Act of 2013 113 1010 HR 2014-02-26 Motion to Discharge Committee filed by Mr. Bishop (NY). Petition No: 113-7. (<a href="http://clerk.house.gov/113/lrc/pd/petitions/DisPet0007.xml">Discharge petition</a> text with signatures.) Related bill CRS American Jobs Act of 2013 113 2821 HR 2014-09-18 Motion to Discharge Committee filed by Ms. Wilson (FL). Petition No: 113-12. (<a href="http://clerk.house.gov/113/lrc/pd/petitions/DisPet0012.xml">Discharge petition</a> text with signatures.) Related bill CRS To amend the Internal Revenue Code of 1986 to extend for one year the 15-year straight-line cost recovery for qualified leasehold improvements, qualified restaurant buildings and improvements, and qualified retail improvements. 113 3948 HR 2014-01-28 Referred to the House Committee on Ways and Means. Related bill CRS To amend the Internal Revenue Code of 1986 to permanently extend the 15-year recovery period for qualified leasehold improvement property, qualified restaurant property, and qualified retail improvement property. 113 4212 HR 2014-03-12 Referred to the House Committee on Ways and Means. Related bill CRS New Markets Tax Credit Extension Act of 2014 113 4365 HR 2014-04-02 Referred to the House Committee on Ways and Means. Related bill CRS Fair Minimum Wage Act of 2013 113 460 S 2013-03-05 Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text of measure as introduced: CR S1132) Related bill CRS A bill to amend the Internal Revenue Code of 1986 to permanently extend the 15-year recovery period for qualified leasehold improvement property, qualified restaurant property, and qualified retail improvement property. 113 749 S 2013-04-17 Read twice and referred to the Committee on Finance. Related bill CRS New Markets Tax Credit Extension Act of 2013 113 1133 S 2013-06-11 Read twice and referred to the Committee on Finance. Related bill CRS Trade Adjustment Assistance Extension Act of 2013 113 1357 S 2013-07-24 Read twice and referred to the Committee on Finance. Related bill CRS Better Education and Skills Training for America's Workforce Act 113 1409 S 2013-07-31 Read twice and referred to the Committee on Finance. Related bill CRS BRIDGE Act 113 1716 S 2013-11-14 Read twice and referred to the Committee on Commerce, Science, and Transportation. Related bill CRS Minimum Wage Fairness Act 113 1737 S 2014-04-02 Motion to proceed to consideration of measure made in Senate. (consideration: CR S2043) Related bill CRS Tax Extenders Act of 2013 113 1859 S 2013-12-20 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 287. Related bill CRS BONDS Act 113 2203 S 2014-04-03 Read twice and referred to the Committee on Finance. Related bill CRS Minimum Wage Fairness Act 113 2223 S 2014-04-30 Motion by Senator Reid to reconsider the vote by which cloture was not invoked on the motion to proceed to the measure (Record Vote No. 117) entered in Senate. (consideration: CR S2527-2528, S2535-2543, S2543-2546, S2546-2547, S2548-2549) Related bill CRS 2014-06-13 hsed10 Workforce Protections Subcommittee 1 House committee actions Referred to the Subcommittee on Workforce Protections. Committee 2014-02-06 Sponsor introductory remarks on measure. (CR H1661-1662) IntroReferral B00100 9 Library of Congress 2014-01-29 hspw02 Water Resources and Environment Subcommittee 1 House committee actions Referred to the Subcommittee on Water Resources and Environment. Committee 2014-01-29 hspw14 Railroads, Pipelines, and Hazardous Materials Subcommittee 1 House committee actions Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials. Committee 2014-01-29 hspw12 Highways and Transit Subcommittee 1 House committee actions Referred to the Subcommittee on Highways and Transit. Committee 2014-01-29 hspw05 Aviation Subcommittee 1 House committee actions Referred to the Subcommittee on Aviation. Committee 2014-01-28 Referred to the Committee on Ways and Means, and in addition to the Committees on Transportation and Infrastructure, and Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsed00 Education and the Workforce Committee 2014-01-28 Referred to the Committee on Ways and Means, and in addition to the Committees on Transportation and Infrastructure, and Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hspw00 Transportation and Infrastructure Committee 2014-01-28 Referred to the Committee on Ways and Means, and in addition to the Committees on Transportation and Infrastructure, and Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2014-01-28 Introduced in House IntroReferral Intro-H 9 Library of Congress 2014-01-28 Introduced in House IntroReferral 1000 9 Library of Congress N000015 Rep. Neal, Richard E. [D-MA-1] RICHARD NEAL D MA E. 1 N T000193 Rep. Thompson, Bennie G. [D-MS-2] BENNIE THOMPSON D MS 2 2014-03-11 False Taxation Aviation and airports Business investment and capital Congressional oversight Electric power generation and transmission Employee hiring Employment and training programs Energy efficiency and conservation Energy storage, supplies, demand Europe European Union Food industry and services Government corporations and government-sponsored enterprises Government lending and loan guarantees Income tax credits Income tax deductions Income tax exclusion Income tax rates Infrastructure development Marine and inland water transportation Navigation, waterways, harbors Public transit Public-private cooperation Railroads Research administration and funding Research and development Retail and wholesale trades Roads and highways Securities Solid waste and recycling Trade adjustment assistance Trade agreements and negotiations Transportation programs funding User charges and fees Vocational and technical education Wages and earnings Water resources funding Water use and supply Taxation 00 2014-01-28 Introduced in House 2014-02-24T22:05:10Z Invest in United States Act of 2014 - Title I: American Infrastructure Financing Authority - Establishes the American Infrastructure Financing Authority (AIFA) as a wholly-owned government corporation that shall provide direct loans and loan guarantees to facilitate the construction, alteration, or repair of transportation, water, and energy infrastructure projects. Requires infrastructure projects assisted under this Act to have costs that are reasonably anticipated to equal or exceed $100 million ($25 million for rural infrastructure projects).

Establishes an Office of the Special Inspector General to conduct, supervise, and coordinate audits and investigations of the business activities of AIFA.

Prohibits financial assistance from AIFA for any private project for which no public benefit is created. Sets forth terms for loans or loan guarantees for eligible infrastructure projects and for the repayment of such loans. Requires an annual independent audit of AIFA finances.

Requires the Chief Executive Officer of AIFA to: (1) establish fees with respect to loans and loan guarantees that are sufficient to cover AIFA's administrative costs; and (2) take actions to make AIFA a self-sustaining entity, with administrative and federal credit subsidy costs fully funded by fees and risk premiums on loans and loan guarantees.

Title II: Tax Credit Extensions - Amends the Internal Revenue Code to make permanent the new markets tax credit.

Build America Bonds Act of 2014 - Makes permanent the tax credit for investment in the Build America Bonds program.

Makes permanent the tax credit for research expenditures. Increases to 17% the rate of the alternative simplified research tax credit.

Exempts bonds for water and sewage facilities from the volume cap on tax-exempt private activity bonds.

Eliminates tax-exempt interest earned on private activity bonds as an item of tax preference for purposes of calculating the alternative minimum tax (AMT).

Title III: Skills Training - Amends the Internal Revenue Code to allow tax credits for: (1) the qualified training expenses of job trainees who have been unemployed for at least 90 days before enrolling in a training program, and (2) investment in a qualified job training partnership between a private business and an institution of higher education or a labor organization. Defines "qualifying training expenses" as an eligible trainee's qualified tuition costs, which may include costs for books and enrollment in a training program at an institution of higher education that may include a single course, multiple courses, or a combination of work training and study that is reasonably necessary for employment.

Requires the Secretary of the Treasury to establish a Qualified Job Training Partnership program to consider and award certifications for qualified investments eligible for credits to qualified job training partnerships. Requires the Secretary to make grants to individuals who make an investment in a qualified job training partnership, in lieu of a tax credit.

Title IV: Trade Provisions - Expresses the sense of Congress with respect to the implementation of a trade and investment agreement with the European Union.

Amends the Trade Act of 1974 to extend through December 31, 2020: (1) the trade adjustment assistance (TAA) program, and (2) the reemployment trade adjustment assistance (RTAA) program.

Makes funds available through FY2020 and for the period beginning October 1-December 31, 2020 (first quarter of FY2021) for training of adversely affected workers, employment and case management services, and job search expenses and relocation expenses.

Reauthorizes appropriations: (1) through December 31, 2020, for the TAA program for workers, and (2) through FY2020 and for the first quarter of FY2021 for the TAA program for firms and farmers.

Amends the Trade Adjustment Assistance Extension Act of 2011 to declare that TAA program requirements in effect as of February 13, 2011, under the Trade Act of 1974 shall apply to petitions for certification to apply for TAA for workers, firms, and farmers that are filed before January 1, 2021.

Title V: Minimum Wage Increase and Business Tax Relief - Amends the Fair Labor Standards Act of 1938 (FLSA) to increase the federal minimum wage for employees to: (1) $8.20 an hour beginning on the first day of the first month beginning 1 year after the enactment of this Act, (2) $9.15 an hour beginning 1 year after that first day, (3) $10.10 an hour beginning 2 years after that first day, and (4) the amount determined by the Secretary of Labor (based on increases in the Consumer Price Index) beginning 3 years after that first day and annually thereafter.

Increases the federal minimum wage for tipped employees to $3.00 an hour for the 1-year period beginning on the first day of the third month after the enactment of this Act. Provides a formula for subsequent annual adjustments of the wage increase to ensure that it remains equal to 50% of the wage in effect under FLSA for other employees.

Amends the Internal Revenue Code to make permanent: (1) the work opportunity tax credit; (2) the increased expensing allowance for depreciable business assets; and (3) the treatment of qualified leasehold improvement property, qualified restaurant property, and qualified retail improvement property as 15-year property for depreciation purposes.

]]> Invest in United States Act of 2014 Display Title Invest in United States Act of 2014 Short Titles as Introduced Invest in United States Act of 2014 Short Titles as Introduced for portions of this bill Build America Bonds Act of 2014 Official Title as Introduced To amend the Internal Revenue Code of 1986 to jumpstart the sluggish economy, finance critical infrastructure investments, fight income inequality and create jobs, and for other purposes. Introduced in House 2014-01-28T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr3939ih/xml/BILLS-113hr3939ih.xml 2014-06-13 Referred to the Subcommittee on Workforce Protections. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.