3.0.0
7024
2025-05-27T14:15:04Z
2025-05-27T14:15:04Z
House
H
HR
2024-01-17
118
[Congressional Record Volume 170, Number 9 (Wednesday, January 17, 2024)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. SMITH of Missouri:H.R. 7024.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8 of the Unites States Constitution.The single subject of this legislation is:to make improvements to the child tax credit, to providetax incentives to promote economic growth, to provide specialrules for the taxation of certain residents of Taiwan withincome from sources within the United States, to provide taxrelief with respect to certain Federal disasters, to makeimprovements to the low-income housing tax credit, and forother purposes.[Page H189]
- hsru00
Rules Committee
House
Standing
  - Discharged From
2024-01-24T02:40:16Z
  - Referred To
2024-01-17T15:02:50Z
- hswm00
Ways and Means Committee
House
Standing
  - Reported By
2024-01-24T02:40:00Z
  - Markup By
2024-01-19T15:23:00Z
  - Referred To
2024-01-17T15:02:45Z
H. Rept. 118-353

- Protect Innocent Victims Of Taxation After Fire Act
118
3711
S
2024-01-31
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S311)
  - Related bill
CRS

- To exclude certain amounts relating to compensating victims of the East Palestine train derailment, and for other purposes.
118
1270
HR
2023-03-01
Referred to the House Committee on Ways and Means.
  - Related bill
CRS

- Small Business Growth Act
118
3661
HR
2023-05-25
Referred to the House Committee on Ways and Means.
  - Related bill
CRS

- Small Business Paperwork Savings Act
118
3991
HR
2023-06-09
Referred to the House Committee on Ways and Means.
  - Related bill
CRS

- Protect Innocent Victims Of Taxation After Fire Act
118
4970
HR
2023-07-27
Referred to the House Committee on Ways and Means.
  - Related bill
CRS

- Federal Disaster Tax Relief Act of 2023
118
5863
HR
2024-12-12
Became Public Law No: 118-148.
  - Related bill
CRS

- United States-Taiwan Expedited Double-Tax Relief Act
118
5988
HR
2023-12-12
Placed on the Union Calendar, Calendar No. 249.
  - Related bill
CRS

- Small Business Growth Act
118
2609
S
2023-07-27
Read twice and referred to the Committee on Finance.
  - Related bill
CRS

- United States-Taiwan Expedited Double-Tax Relief Act
118
3084
S
2023-11-07
Star Print ordered on report 118-107.
  - Related bill
CRS

- Federal Disaster Tax Relief Act of 2024
118
3678
S
2024-01-25
Read twice and referred to the Committee on Finance.
  - Related bill
CRS

- ERTC Repeal Act of 2024
118
5079
S
2024-09-18
Read twice and referred to the Committee on Finance.
  - Related bill
CRS

- To increase the penalties applicable to persons facilitate fraud with respect to any COVID-related employee retention credit, and for other purposes.
118
9738
HR
2024-09-20
Referred to the House Committee on Ways and Means.
  - Related bill
CRS
- 2024-08-01
Senate
Motion by Senator Schumer to reconsider the vote by which cloture on the motion to proceed to the measure was not invoked (Record Vote No. 230) made in Senate.
Floor
- 2024-08-01
Senate
Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 48 - 44. Record Vote Number: 230. (CR S5749)
Floor
230
https://www.senate.gov/legislative/LIS/roll_call_votes/vote1182/vote_118_2_00230.xml
Senate
118
2024-08-01T18:54:51Z
2
- 2024-08-01
Senate
Motion to proceed to measure considered in Senate. (CR S5723)
Floor
- 2024-07-29
Senate
Cloture motion on the motion to proceed to the measure presented in Senate. (CR S5541)
Floor
- 2024-07-29
Senate
Motion to proceed to consideration of measure made in Senate. (CR S5541)
Floor
- 2024-03-21
Senate
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 349.
Calendars
- 2024-03-20
Senate
Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
Calendars
- 2024-02-01
Senate
Received in the Senate.
IntroReferral
- 2024-01-31
20:33:23
Motion to reconsider laid on the table Agreed to without objection.
Floor
H38310
2
House floor actions
- 2024-01-31
20:33:22
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 357 - 70 (Roll no. 30). (text: CR H343-350)
Floor
H37300
2
House floor actions
30
https://clerk.house.gov/evs/2024/roll030.xml
House
118
2024-02-01T01:33:22Z
2
- 2024-01-31
20:33:22
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 357 - 70 (Roll no. 30). (text: CR H343-350)
Floor
8000
9
Library of Congress
30
https://clerk.house.gov/evs/2024/roll030.xml
House
118
2024-02-01T01:33:22Z
2
- 2024-01-31
20:01:35
Considered as unfinished business. (consideration: CR H358)
Floor
H30000
2
House floor actions
- 2024-01-31
17:59:26
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Floor
H37220
2
House floor actions
- 2024-01-31
17:14:47
DEBATE - The House resumed debate on H.R. 7024.
Floor
H8D000
2
House floor actions
- 2024-01-31
17:14:46
UNANIMOUS CONSENT REQUEST - Mr. Smith (MO) asked unanimous consent that debate be extended by 20 minutes to be controlled by the gentleman from Massachusetts, Mr. Neal. Objection heard.
Floor
H8D000
2
House floor actions
- 2024-01-31
17:04:07
DEBATE - The House proceeded with forty minutes of debate on H.R. 7024.
Floor
H8D000
2
House floor actions
- 2024-01-31
17:04:01
Considered under suspension of the rules. (consideration: CR H343-358)
Floor
H30000
2
House floor actions
- 2024-01-31
17:03:29
Mr. Smith (MO) moved to suspend the rules and pass the bill, as amended.
Floor
H30300
2
House floor actions
- 2024-01-23
Placed on the Union Calendar, Calendar No. 288.
Calendars
H12410
2
House floor actions
U00288
- 2024-01-23
Committee on Rules discharged.
Discharge
H12300
2
House floor actions
  - hsru00
Rules Committee
- 2024-01-23
Committee on Rules discharged.
Committee
5500
9
Library of Congress
  - hsru00
Rules Committee
- 2024-01-23
Reported (Amended) by the Committee on Ways and Means. H. Rept. 118-353, Part I.
Committee
H12200
2
House floor actions
  - hswm00
Ways and Means Committee
- 2024-01-23
Reported (Amended) by the Committee on Ways and Means. H. Rept. 118-353, Part I.
Committee
5000
9
Library of Congress
  - hswm00
Ways and Means Committee
- 2024-01-19
  - hswm00
Ways and Means Committee
1
House committee actions
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 40 - 3.
Committee
- 2024-01-19
  - hswm00
Ways and Means Committee
1
House committee actions
Committee Consideration and Mark-up Session Held
Committee
- 2024-01-17
Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, 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
  - hsru00
Rules Committee
- 2024-01-17
Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, 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
- 2024-01-17
Introduced in House
IntroReferral
Intro-H
9
Library of Congress
- 2024-01-17
Introduced in House
IntroReferral
1000
9
Library of Congress
- S001195
Rep. Smith, Jason [R-MO-8]
Jason
Smith
R
MO
8
N
- 2024-01-25T20:52:00Z

H.R. 7024, Tax Relief for American Families and Workers Act of 2024
https://www.cbo.gov/publication/59916
As reported by the House Committee on Ways and Means onJanuary 23, 2024
Taxation
- Accidents
2024-02-01T19:30:22Z
- Administrative law and regulatory procedures
2024-02-01T19:30:22Z
- Asia
2024-02-01T19:30:22Z
- Congressional oversight
2024-02-01T19:30:22Z
- Department of the Treasury
2024-02-01T19:30:22Z
- Fires
2024-02-01T19:30:22Z
- Hazardous wastes and toxic substances
2024-02-01T19:30:22Z
- Immigration status and procedures
2024-02-01T19:30:22Z
- Income tax rates
2024-02-01T19:30:22Z
- Low- and moderate-income housing
2024-02-01T19:30:22Z
- Natural disasters
2024-02-01T19:30:22Z
- Ohio
2024-02-01T19:30:22Z
- Property tax
2024-02-01T19:30:22Z
- Railroads
2024-02-01T19:30:22Z
- Taiwan
2024-02-01T19:30:22Z
- Tax treatment of families
2024-02-01T19:30:22Z
- Taxation of foreign income
2024-02-01T19:30:22Z
Taxation
2024-01-21T22:30:19Z
00
2024-01-17
Introduced in House
2024-01-24T18:39:49Z
Tax Relief for American Families and Workers Act of 2024
This bill increases and modifies child tax credit provisions, increases depreciation allowances to promote economic innovation and growth, provides special rules for the taxation of residents of Taiwan with income from U.S. sources, increases tax relief provisions for losses due to natural disasters and wildfires, and increases the low-income housing tax credit.
08
2024-01-23
Reported to House, Part I
2024-02-12T16:32:27Z
Tax Relief for American Families and Workers Act of 2024
TITLE I--TAX RELIEF FOR WORKING FAMILIES
This title modifies the calculation of the refundable portion of the child tax credit to require the multiplication of the credit amount in calendar years 2023-2025 by the number of qualifying children. The maximum refundable amount per child of such credit is increased to $1,800 in 2023, $1,900 in 2024, and $2,000 in 2025, with an inflation adjustment beginning after 2023.
The title allows taxpayers to elect in 2024 and 2025 to use prior year earned income in calculating their earned income tax credit
TITLE II--AMERICAN INNOVATION AND GROWTH
This title allows taxpayers to delay the date on which they must begin deducting their domestic research or experimental research costs over a five-year period until 2026. Taxpayers may therefore expense such costs incurred between 2022-2026.
The title extends the allowance for depreciation, amortization, or depletion in determining the limitation of the business interest deduction. It also extends 100% bonus depreciation and increases the limitations on expensing of depreciable business assets.
TITLE III--INCREASING GLOBAL COMPETITIVENESS
Subtitle A--United States-Taiwan Expedited Double-Tax Relief Act
United States-Taiwan Expedited Double-Tax Relief Act
This subtitle sets forth special rules for the taxation of certain residents of Taiwan, including rules for the reduction of withholding taxes, the application of permanent establishment rules, the treatment of income from employment, and the determination of Taiwanese residency, including rules for dual residents.
Subtitle B--United States-Taiwan Tax Agreement Authorization Act
United States-Taiwan Tax Agreement Authorization Act
This subtitle grants the President authority to negotiate and enter into a U.S.-Taiwan tax agreement after the tax provisions of this title are enacted and effective.
TITLE IV--ASSISTANCE FOR DISASTER-IMPACTED COMMUNITIES
Federal Disaster Tax Relief Act of 2024
This title excludes from gross income, for income tax purposes, compensation for losses or damages due to certain wildfires. It applies only to payments received by a taxpayer after 2019 and before 2026.
The title also excludes payment for compensation for losses or damages from the derailment of a train in East Palestine, Ohio, on February 3, 2023.
TITLE V--MORE AFFORDABLE HOUSING
This title increases the low-income housing tax credit ceiling to 12.5% for calendar years 2023-2025. It also lowers the bond-financing threshold to 30% for projects financed by bonds issued before 2026.
TITLE VI--TAX ADMINISTRATION AND ELIMINATING FRAUD
This title increases the threshold for reporting income earned by an independent contractor from $600 to $1,000, with an adjustment to the increased amount for inflation.
The title increases penalties for aiding and abetting the understatement of tax liability with respect to the COVID-related employee retention tax credit.
53
2024-01-31
Passed House
2024-02-12T16:34:52Z
Tax Relief for American Families and Workers Act of 2024
TITLE I--TAX RELIEF FOR WORKING FAMILIES
This title modifies the calculation of the refundable portion of the child tax credit to require the multiplication of the credit amount in calendar years 2023-2025 by the number of qualifying children. The maximum refundable amount per child of such credit is increased to $1,800 in 2023, $1,900 in 2024, and $2,000 in 2025, with an inflation adjustment beginning after 2023.
The title allows taxpayers to elect in 2024 and 2025 to use prior year earned income in calculating their earned income tax credit
TITLE II--AMERICAN INNOVATION AND GROWTH
This title allows taxpayers to delay the date on which they must begin deducting their domestic research or experimental research costs over a five-year period until 2026. Taxpayers may therefore expense such costs incurred between 2022-2026.
The title extends the allowance for depreciation, amortization, or depletion in determining the limitation of the business interest deduction. It also extends 100% bonus depreciation and increases the limitations on expensing of depreciable business assets.
TITLE III--INCREASING GLOBAL COMPETITIVENESS
Subtitle A--United States-Taiwan Expedited Double-Tax Relief Act
United States-Taiwan Expedited Double-Tax Relief Act
This subtitle sets forth special rules for the taxation of certain residents of Taiwan, including rules for the reduction of withholding taxes, the application of permanent establishment rules, the treatment of income from employment, and the determination of Taiwanese residency, including rules for dual residents.
Subtitle B--United States-Taiwan Tax Agreement Authorization Act
United States-Taiwan Tax Agreement Authorization Act
This subtitle grants the President authority to negotiate and enter into a U.S.-Taiwan tax agreement after the tax provisions of this title are enacted and effective.
TITLE IV--ASSISTANCE FOR DISASTER-IMPACTED COMMUNITIES
Federal Disaster Tax Relief Act of 2024
This title excludes from gross income, for income tax purposes, compensation for losses or damages due to certain wildfires. It applies only to payments received by a taxpayer after 2019 and before 2026.
The title also excludes payment for compensation for losses or damages from the derailment of a train in East Palestine, Ohio, on February 3, 2023.
TITLE V--MORE AFFORDABLE HOUSING
This title increases the low-income housing tax credit ceiling to 12.5% for calendar years 2023-2025. It also lowers the bond-financing threshold to 30% for projects financed by bonds issued before 2026.
TITLE VI--TAX ADMINISTRATION AND ELIMINATING FRAUD
This title increases the threshold for reporting income earned by an independent contractor from $600 to $1,000, with an adjustment to the increased amount for inflation.
The title increases penalties for aiding and abetting the understatement of tax liability with respect to the COVID-related employee retention tax credit.

Tax Relief for American Families and Workers Act of 2024
- Display Title
45

Tax Relief for American Families and Workers Act of 2024
2024-07-24T15:18:23Z
- Short Title(s) from PCS (Placed on Senate Calendar) bill text
152

Tax Relief for American Families and Workers Act of 2024
2024-07-24T15:12:48Z
S
Senate
Placed on Calendar Senate
PCS
- Short Titles for portions of this bill from PCS (Placed on Senate Calendar) bill text
151

United States-Taiwan Tax Agreement Authorization Act
2024-07-24T15:12:48Z
S
Senate
Placed on Calendar Senate
PCS
- Short Titles for portions of this bill from PCS (Placed on Senate Calendar) bill text
151

United States-Taiwan Expedited Double-Tax Relief Act
2024-07-24T15:12:48Z
S
Senate
Placed on Calendar Senate
PCS
- Short Titles for portions of this bill from PCS (Placed on Senate Calendar) bill text
151

Federal Disaster Tax Relief Act of 2024
2024-07-24T15:12:48Z
S
Senate
Placed on Calendar Senate
PCS
- Short Title(s) as Introduced for portions of this bill
106

United States-Taiwan Expedited Double-Tax Relief Act
2024-05-24T13:34:38Z
Introduced in House
IH
- Short Title(s) as Introduced
101

Tax Relief for American Families and Workers Act of 2024
2024-05-24T13:34:38Z
Introduced in House
IH
- Short Title(s) as Introduced for portions of this bill
106

United States-Taiwan Tax Agreement Authorization Act
2024-05-24T13:34:38Z
Introduced in House
IH
- Short Title(s) as Introduced for portions of this bill
106

Federal Disaster Tax Relief Act of 2024
2024-05-24T13:34:38Z
Introduced in House
IH
- Short Title(s) as Reported to House for portions of this bill
107

Federal Disaster Tax Relief Act of 2024
2024-05-24T13:34:35Z
H
House
Reported in House
RH
- Short Title(s) as Reported to House
102

Tax Relief for American Families and Workers Act of 2024
2024-05-24T13:34:35Z
H
House
Reported in House
RH
- Short Title(s) as Reported to House for portions of this bill
107

United States-Taiwan Tax Agreement Authorization Act
2024-05-24T13:34:35Z
H
House
Reported in House
RH
- Short Title(s) as Reported to House for portions of this bill
107

United States-Taiwan Expedited Double-Tax Relief Act
2024-05-24T13:34:35Z
H
House
Reported in House
RH
- Short Title(s) as Passed House for portions of this bill
109

United States-Taiwan Expedited Double-Tax Relief Act
2024-05-24T13:34:31Z
H
House
Engrossed in House
EH
- Short Title(s) as Passed House for portions of this bill
109

Federal Disaster Tax Relief Act of 2024
2024-05-24T13:34:31Z
H
House
Engrossed in House
EH
- Short Title(s) as Passed House for portions of this bill
109

United States-Taiwan Tax Agreement Authorization Act
2024-05-24T13:34:31Z
H
House
Engrossed in House
EH
- Short Title(s) as Passed House
104

Tax Relief for American Families and Workers Act of 2024
2024-05-24T13:34:31Z
H
House
Engrossed in House
EH
- Official Title as Introduced
6

To make improvements to the child tax credit, to provide tax incentives to promote economic growth, to provide special rules for the taxation of certain residents of Taiwan with income from sources within the United States, to provide tax relief with respect to certain Federal disasters, to make improvements to the low-income housing tax credit, and for other purposes.
2024-03-18T22:07:44Z
Introduced in House
IH
3216
118
SAMDT
2024-08-01T15:14:53Z
- C000174
Sen. Carper, Thomas R. [D-DE]
Thomas
Carper
D
DE
R.
2024-08-01T04:00:00Z
Senate
118
HR
House
H
7024

Tax Relief for American Families and Workers Act of 2024
2025-05-27
2
- 2024-08-01
IntroReferral
Intro-S
9
Library of Congress
- 2024-08-01
Senate amendment submitted
Floor
91000
9
Library of Congress
3214
118
SAMDT
2024-07-31T19:56:45Z
- S001181
Sen. Shaheen, Jeanne [D-NH]
Jeanne
Shaheen
D
NH
2024-07-31T04:00:00Z
Senate
118
HR
House
H
7024

Tax Relief for American Families and Workers Act of 2024
2025-05-27
2
- 2024-07-31
IntroReferral
Intro-S
9
Library of Congress
- 2024-07-31
Senate amendment submitted
Floor
91000
9
Library of Congress
3200
118
SAMDT
2024-07-30T19:17:25Z
- M001183
Sen. Manchin, Joe, III [I-WV]
Joseph
Manchin
I
WV
2024-07-30T04:00:00Z
Senate
118
HR
House
H
7024

Tax Relief for American Families and Workers Act of 2024
2025-05-27
2
- 2024-07-30
IntroReferral
Intro-S
9
Library of Congress
- 2024-07-30
Senate amendment submitted
Floor
91000
9
Library of Congress
3198
118
SAMDT
2024-07-30T19:17:00Z
- M001183
Sen. Manchin, Joe, III [I-WV]
Joseph
Manchin
I
WV
2024-07-30T04:00:00Z
Senate
118
HR
House
H
7024

Tax Relief for American Families and Workers Act of 2024
2025-05-27
2
- 2024-07-30
IntroReferral
Intro-S
9
Library of Congress
- 2024-07-30
Senate amendment submitted
Floor
91000
9
Library of Congress
- Placed on Calendar Senate
2024-03-21T04:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-118hr7024pcs/xml/BILLS-118hr7024pcs.xml
- Engrossed in House
2024-01-31T05:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-118hr7024eh/xml/BILLS-118hr7024eh.xml
- Reported in House
2024-01-23T05:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-118hr7024rh/xml/BILLS-118hr7024rh.xml
- Introduced in House
2024-01-17T05:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-118hr7024ih/xml/BILLS-118hr7024ih.xml
2024-08-01
Motion by Senator Schumer to reconsider the vote by which cloture on the motion to proceed to the measure was not invoked (Record Vote No. 230) made in Senate.
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.
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