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Congressman Matt Gaetz

Representing the 1st District of Florida

Congress

For more information concerning work and views related to Congress, please contact our office.

More on Congress

September 25, 2017 Page

FILM Act (Collins R-GA) amends the Internal Revenue Code to extend through 2018 provisions that allow the expensing of the costs of qualified film, television, and live theatrical productions.

 

To amend the Internal Revenue Code of 1986 to extend the special expensing rules for certain film, television, and live theatrical productions.

September 25, 2017 Page

Amends the Internal Revenue Code to exempt a trade or business that conducts marijuana sales in compliance with state law from the prohibition against allowing business-related tax credits or deductions for expenditures in connection with trafficking in controlled substances.

 

To amend the Internal Revenue Code of 1986 to allow deductions and credits relating to expenditures in connection with marijuana sales conducted in compliance with State law.

September 25, 2017 Page

Disaster Assistance Fairness and Accountability Act of 2017 (MacArthur R-NJ) sets a statute of limitations of three years for disaster recoupment preventing FEMA from trying to “recoup” money from innocent taxpayers.

 

To prohibit the Federal Emergency Management Agency from recouping certain assistance, and for other purposes.

September 11, 2017 Page

*Under the bill, taxpayers will have seven, not three, years to claim overpaid taxes, and the IRS will have seven, not 10, years to seek back taxes.*

To amend the Internal Revenue Code of 1986 to extend the statute of limitations on making a claim for credit or refund and shorten the statute of limitations on collection after assessment.

September 8, 2017 Video

CSPAN

September 6, 2017 Page

Requirements for prioritizing obligations and selling federal assets if the federal debt reaches the statutory limit.

September 6, 2017 Page

Requirements for prioritizing obligations and selling federal assets if the federal debt reaches the statutory limit.

September 6, 2017 Page

Requires the Department of the Treasury to continue to borrow to pay the principal and interest on certain obligations if the debt of the United States exceeds the statutory limit. If the debt limit is exceeded, Treasury must issue obligations solely for the payment of the principal and interest on debt held by the public or the Social Security trust funds. Obligations issued under this bill may not be used to compensate Members of Congress.

September 6, 2017 Page

Sets forth the rule for consideration of the bill (H.R. 1436) to provide for reconciliation pursuant to title II of the concurrent resolution on the budget for fiscal year 2017.

September 6, 2017 Page

Aimed at scaling back non-essential benefits while still maintaining crucial protections for our former presidents.