3.0.0 699 2022-11-15T16:34:58Z 2022-11-15T16:34:58Z House H HR 2013-02-14 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. VAN HOLLEN:H.R. 699.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clause 1; Article 1 Section 8, Clause18; and Article 1, Section 9, Clause 7 of the U.S.Constitution.[Page H548]]]> hsag00 Agriculture Committee House Standing hsag16 General Farm Commodities, Risk Management, and Credit Subcommittee Referred to 2013-03-01T15:16:25Z Referred to 2013-02-14T15:04:15Z hsbu00 Budget Committee House Standing Referred to 2013-02-14T15:04:10Z hswm00 Ways and Means Committee House Standing Referred to 2013-02-14T15:04:05Z Paying a Fair Share Act of 2013 113 766 HR 2013-02-15 Referred to the House Committee on Ways and Means. Related bill CRS Medical Device Tax Elimination Act 113 1295 HR 2013-03-20 Referred to the House Committee on Ways and Means. Related bill CRS Stop the Sequester Job Loss Now Act Through 2014 113 2060 HR 2013-05-20 Referred to the Committee on Ways and Means, and in addition to the Committees on the Budget, and Agriculture, 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. Related bill CRS End Welfare for Big Oil Act of 2013 113 2956 HR 2013-08-09 Referred to the Subcommittee on Energy and Mineral Resources. Related bill CRS Job Preservation and Economic Certainty Act of 2013 113 277 S 2013-02-11 Read twice and referred to the Committee on Finance. Related bill CRS Job Preservation and Sequester Replacement Act of 2013 113 278 S 2013-02-11 Read twice and referred to the Committee on Finance. Related bill CRS Paying a Fair Share Act of 2013 113 321 S 2013-02-13 Read twice and referred to the Committee on Finance. Related bill CRS IDEA Full Funding Act 113 2789 S 2014-09-10 Read twice and referred to the Committee on Finance. Related bill CRS 2013-03-01 hsag16 General Farm Commodities, Risk Management, and Credit Subcommittee 1 House committee actions Referred to the Subcommittee on General Farm Commodities and Risk Management. Committee 2013-02-14 Referred to the Committee on Ways and Means, and in addition to the Committees on the Budget, and Agriculture, 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 hsag00 Agriculture Committee 2013-02-14 Referred to the Committee on Ways and Means, and in addition to the Committees on the Budget, and Agriculture, 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 hsbu00 Budget Committee 2013-02-14 Referred to the Committee on Ways and Means, and in addition to the Committees on the Budget, and Agriculture, 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 2013-02-14 Introduced in House IntroReferral Intro-H 9 Library of Congress 2013-02-14 Introduced in House IntroReferral 1000 9 Library of Congress V000128 Rep. Van Hollen, Chris [D-MD-8] Chris Van Hollen D MD 8 N H000874 Rep. Hoyer, Steny H. [D-MD-5] STENY HOYER D MD H. 5 2013-02-14 True M000725 Rep. Miller, George [D-CA-11] GEORGE MILLER D CA 11 2013-02-14 True D000216 Rep. DeLauro, Rosa L. [D-CT-3] ROSA DELAURO D CT 3 2013-02-14 True P000607 Rep. Pocan, Mark [D-WI-2] Mark Pocan D WI 2 2013-02-14 True C001066 Rep. Castor, Kathy [D-FL-14] Kathy Castor D FL 14 2013-02-14 True M000933 Rep. Moran, James P. [D-VA-8] JAMES MORAN D VA P. 8 2013-02-14 True K000380 Rep. Kildee, Daniel T. [D-MI-5] Daniel Kildee D MI T. 5 2013-02-14 True H001068 Rep. Huffman, Jared [D-CA-2] Jared Huffman D CA 2 2013-02-14 True H001032 Rep. Holt, Rush [D-NJ-12] RUSH HOLT D NJ D. 12 2013-02-14 True T000465 Rep. Tsongas, Niki [D-MA-3] Niki Tsongas D MA 3 2013-02-25 False K000375 Rep. Keating, William R. [D-MA-9] William Keating D MA R. 9 2013-02-25 False T000266 Rep. Tierney, John F. [D-MA-6] JOHN TIERNEY D MA F. 6 2013-02-25 False M001160 Rep. Moore, Gwen [D-WI-4] Gwen Moore D WI 4 2013-02-25 False C001084 Rep. Cicilline, David N. [D-RI-1] David Cicilline D RI N. 1 2013-02-25 False S001193 Rep. Swalwell, Eric [D-CA-15] Eric Swalwell D CA 15 2013-02-25 False E000293 Rep. Esty, Elizabeth H. [D-CT-5] Elizabeth Esty D CT H. 5 2013-02-26 False B001227 Rep. Brady, Robert A. [D-PA-1] ROBERT BRADY D PA A. 1 2013-02-27 False J000288 Rep. Johnson, Henry C. "Hank," Jr. [D-GA-4] Henry Johnson D GA C. "Hank" 4 2013-03-04 False S001170 Rep. Shea-Porter, Carol [D-NH-1] Carol Shea-Porter D NH 1 2013-03-06 False L000559 Rep. Langevin, James R. [D-RI-2] JAMES LANGEVIN D RI R. 2 2013-03-21 False Economics and Public Finance Accounting and auditing Agricultural prices, subsidies, credit Budget deficits and national debt Competitiveness, trade promotion, trade deficits Corporate finance and management Education programs funding Employment taxes Foreign and international corporations Income tax credits Income tax deductions Income tax rates Inflation and prices Infrastructure development Medicare Oil and gas Research administration and funding Social security and elderly assistance Taxation of foreign income Veterans' education, employment, rehabilitation Veterans' loans, housing, homeless programs Veterans' medical care Veterans' pensions and compensation Economics and Public Finance 00 2013-02-14 Introduced in House 2013-04-22T19:14:01Z Stop the Sequester Job Loss Now Act - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to repeal the FY2013 sequester and reduce the FY2014 sequester.

Eliminates the 2% maximum permissible reduction in budget authority for veterans' medical care.

Extends through FY2014 agricultural commodity programs generally under the Food, Conservation, and Energy Act of 2008, but not the direct payment programs for wheat, corn, grain sorghum, barley, oats, upland cotton, long and medium grain rice, soybeans, other oilseeds, and peanuts.

Amends the Internal Revenue Code, with respect to deductions from income, to set a special rule that a major integrated oil company's domestic production gross receipts shall not include any gross receipts from the production, refining, processing, transportation, or distribution of oil, natural gas, or any of their primary products.

Prohibits a major integrated oil company from using the last-in, first-out (LIFO) accounting method in inventorying goods.

Prescribes a special rule to limit the foreign tax credit and tax deferrals for amounts paid or accrued by a major integrated oil company that is a dual capacity taxpayer (a person subject to a levy of a foreign country or U.S. possession and receives, or will receive, directly or indirectly a specific economic benefit from such county or possession).

Requires an individual taxpayer whose adjusted gross income exceeds $1 million to pay a minimum (fair share) tax rate of 30% of the excess of the taxpayer's adjusted gross income over the taxpayer's modified charitable contribution deduction for the taxable year.

Declares that it is the sense of the House that Congress should replace the entire 10-year sequester established by the Budget Control Act of 2011 with a balanced approach that would: (1) increase revenues without increasing the tax burden on middle-income Americans; and (2) decrease long-term spending while maintaining the Medicare guarantee, protecting Social Security and a strong social safety net, and making strategic investments in education, science, research, and critical infrastructure necessary to compete in the global economy.

]]> Stop the Sequester Job Loss Now Act Display Title Stop the Sequester Job Loss Now Act Short Titles as Introduced Stop the Sequester Job Loss Now Act Official Title as Introduced To amend the Balanced Budget and Emergency Deficit Control Act of 1985 to repeal and replace the fiscal year 2013 sequestration. Introduced in House 2013-02-14T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr699ih/xml/BILLS-113hr699ih.xml 2013-03-01 Referred to the Subcommittee on General Farm Commodities and Risk Management. 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.