H.R. 5771 - Tax Increase Prevention Act of 2014

Tax Increase Prevention Act of 2014

H.R. 5771 — 113^th Congress (2013–2014)

Summary

To amend the Internal Revenue Code of 1986 to extend certain expiring provisions and make technical corrections, to amend the Internal Revenue Code of 1986 to provide for the tax treatment of ABLE accounts established under State programs for the care of family members with disabilities, and for other purposes. (by CRS)

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Title

To amend the Internal Revenue Code of 1986 to extend certain expiring provisions and make technical corrections, and for other purposes.

Other Titles

• Tax Increase Prevention Act of 2014
• Tax Technical Corrections Act of 2014
• ABLE Act of 2014
• Achieving a Better Life Experience Act of 2014
• Tax Increase Prevention Act of 2014
• Tax Technical Corrections Act of 2014
• ABLE Act of 2014
• Achieving a Better Life Experience Act of 2014
• Tax Increase Prevention Act of 2014
• Tax Technical Corrections Act of 2014
• Stephen Beck, Jr., ABLE Act of 2014
• Stephen Beck, Jr., Achieving a Better Life Experience Act of 2014
• Tax Increase Prevention Act of 2014
• Tax Technical Corrections Act of 2014
• To amend the Internal Revenue Code of 1986 to extend certain expiring provisions and make technical corrections, to amend the Internal Revenue Code of 1986 to provide for the tax treatment of ABLE accounts established under State programs for the care of family members with disabilities, and for other purposes.
• To amend the Internal Revenue Code of 1986 to extend certain expiring provisions and make technical corrections, to amend the Internal Revenue Code of 1986 to provide for the tax treatment of ABLE accounts established under State programs for the care of family members with disabilities, and for other purposes.

Sponsor

Dave Camp

Co-Sponsors

Subjects

• Taxation
• Alcoholic beverages
• Alternative and renewable resources
• American Samoa
• Budget deficits and national debt
• Budget process
• Building construction
• Business investment and capital
• Capital gains tax
• Caribbean area
• Charitable contributions
• Coal
• Commuting
• Computers and information technology
• Congressional oversight
• Corporate finance and management
• Economic development
• Educational facilities and institutions
• Electric power generation and transmission
• Elementary and secondary education
• Employee benefits and pensions
• Employee hiring
• Energy efficiency and conservation
• Financial services and investments
• First responders and emergency personnel
• Food assistance and relief
• Food industry and services
• Foreign and international corporations
• General taxation matters
• Higher education
• Housing finance and home ownership
• Income tax credits
• Income tax deductions
• Income tax deferral
• Income tax exclusion
• Indian social and development programs
• Industrial facilities
• Insurance industry and regulation
• Interest, dividends, interest rates
• Land use and conservation
• Low- and moderate-income housing
• Military personnel and dependents
• Mining
• Performing arts
• Professional sports
• Public utilities and utility rates
• Puerto Rico
• Railroads
• Research and development
• Residential rehabilitation and home repair
• Retail and wholesale trades
• Sales and excise taxes
• Securities
• Small business
• Sports and recreation facilities
• State and local taxation
• Student aid and college costs
• Tax administration and collection, taxpayers
• Taxation of foreign income
• Teaching, teachers, curricula
• Television and film
• Transportation costs
• U.S. and foreign investments
• U.S. territories and protectorates
• Virgin Islands
• Wages and earnings
• Worker safety and health

Related Bills

• H.R. 5775 (113^th) : Powering American Jobs Act of 2014
• H.Con.Res. 124 (113^th) : Providing for a Correction in the Enrollment of H.R. 5771.
• H.R. 5528 (113^th) : Tax Technical Corrections Act of 2014
• H.R. 5773 (113^th) : To Amend the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974 to Extend Certain Provisions Relating to Multiemployer Defined Benefit Pension Plans.
• S. 2261 (113^th) : Tax Technical Corrections Act of 2014
• H.Res. 766 (113^th) : Providing for Consideration of the Bill (H.R. 5771) to Amend the Internal Revenue Code of 1986 to Extend Certain Expiring Provisions and Make Technical Corrections, and for Other Purposes, and Providing for Consideration of the Bill (H.R. 647) to Amend the Internal Revenue Code of 1986 to Provide for the Tax Treatment of ABLE Accounts Established Under State Programs for the Care of Family Members with Disabilities, and for Other Purposes.
• S. 1859 (113^th) : Tax Extenders Act of 2013
• H.R. 3751 (113^th) : To Amend the Internal Revenue Code of 1986 to Extend the Rule Providing Parity for Exclusion from Income for Employer-Provided Mass Transit and Parking Benefits.
• H.R. 3941 (113^th) : To Amend the Internal Revenue Code of 1986 to Extend for One Year the Deduction for Mortgage Insurance Premiums.
• H.R. 3944 (113^th) : To Amend the Internal Revenue Code of 1986 to Extend for One Year Tax-Free Distributions from Individual Retirement Plans for Charitable Purposes.
• H.R. 3946 (113^th) : To Amend the Internal Revenue Code of 1986 to Extend for One Year the Employer Wage Credit for Employees Who Are Active Duty Members of the Uniformed Services.
• H.R. 3948 (113^th) : 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.
• H.R. 3949 (113^th) : To Amend the Internal Revenue Code of 1986 to Extend for One Year the Enhanced Charitable Deduction for Contributions of Food Inventory.
• H.R. 3950 (113^th) : To Amend the Internal Revenue Code of 1986 to Extend for One Year the Credit for Energy-Efficient Existing Homes.
• H.R. 3951 (113^th) : To Amend the Internal Revenue Code of 1986 to Extend for One Year the Credit for Energy-Efficient New Homes.
• H.R. 3958 (113^th) : Healing Our Heroes Act
• S. 1882 (113^th) : A Bill to Amend the Internal Revenue Code of 1986 to Extend Parity for Exclusion from Income for Employer-Provided Mass Transit and Parking Benefits.
• H.R. 3942 (113^th) : To Amend the Internal Revenue Code of 1986 to Extend for One Year the Deduction of State and Local General Sales Taxes.
• H.R. 3943 (113^th) : To Amend the Internal Revenue Code of 1986 to Extend for One Year the Above-The-Line Deduction for Qualified Tuition and Related Expenses.
• S. 313 (113^th) : ABLE Act of 2013
• H.R. 647 (113^th) : ABLE Act of 2014

Major Actions

Introduced	12/01/2014
Referred to Committee
Amendments (14 proposed)
Passed House	12/03/2014
Passed Senate	12/16/2014
Signed by President	12/19/2014

Bill History

• All Votes
• All Actions
• Amendments

	Chamber/Committee	Motion	Date	Result
currently selected	House	On Motion to Recommit with Instructions: H R 5771 Tax Increase Prevention Act	12/03/2014	This motion DID NOT PASS the House 197 voted YES 223 voted NO 15 voted present/not voting
select this vote	House	H.R. 5771 (113th): Tax Increase Prevention Act of 2014	12/03/2014	This bill PASSED the House 378 voted YES 46 voted NO 11 voted present/not voting
select this vote	Senate	H.R. 5771 (113th): Tax Increase Prevention Act of 2014	12/16/2014	This bill PASSED the Senate 76 voted YES 16 voted NO 8 voted present/not voting

	Action	Date	Description
	Introduced	12/01/2014
		12/01/2014	Referred to the Committee on Ways and Means, and in addition to the Committees on Education and the Workforce, and the Budget, 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.
		12/01/2014	Referred to House Ways and Means
		12/01/2014	Referred to House Education and the Workforce
		12/01/2014	Referred to House Budget
		12/01/2014	Introduced in House
		12/02/2014	Rules Committee Resolution H. Res. 766 Reported to House. The rule provides for a closed rule for H.R. 5771 and H.R. 647.
		12/03/2014	Considered under the provisions of rule H. Res. 766.
		12/03/2014	The rule provides for a closed rule for H.R. 5771 and H.R. 647.
		12/03/2014	DEBATE - The House proceeded with one hour of debate on H.R. 5771.
		12/03/2014	The previous question was ordered pursuant to the rule.
		12/03/2014	Mr. Neal moved to recommit with instructions to the Committee on Ways and Means.
		12/03/2014	DEBATE - The House proceeded with 10 minutes of debate on the Neal motion to recommit with instructions, pending reservation of a point order. The instructions contained in the motion seek to report the same back to the House forthwith with an amendment to deny any "inverted" corporations that change their residence from the United States in order to avoid paying U.S. taxes from receiving the tax benefits made available in the underlying legislation. Subsequently, the reservation of a point of order was withdrawn.
		12/03/2014	The previous question on the motion to recommit with instructions was ordered without objection.
		12/03/2014	Motion to reconsider laid on the table Agreed to without objection.
		12/03/2014
		12/03/2014	House amendment offered
currently selected	Vote	12/03/2014	On Motion to Recommit with Instructions: H R 5771 Tax Increase Prevention Act
select this vote	House Vote on Passage	12/03/2014	H.R. 5771 (113th): Tax Increase Prevention Act of 2014
		12/03/2014	Amendment reported by the House Committee on Rules.
		12/03/2014	House amendment offered/reported by : Amendment reported by the House Committee on Rules.
		12/08/2014	Received in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
	Put on a legislative calendar	12/09/2014	Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 627.
		12/09/2014
		12/09/2014	Senate amendment submitted
		12/12/2014
		12/12/2014	Senate amendment submitted
		12/12/2014
		12/12/2014	Senate amendment submitted
		12/12/2014
		12/12/2014	Senate amendment submitted
		12/12/2014
		12/12/2014	Senate amendment submitted
		12/12/2014
		12/12/2014	Senate amendment submitted
		12/12/2014
		12/12/2014	Senate amendment submitted
		12/12/2014
		12/12/2014	Senate amendment submitted
		12/12/2014
		12/12/2014	Senate amendment submitted
		12/12/2014
		12/12/2014	Senate amendment submitted
		12/12/2014
		12/12/2014	Senate amendment submitted
		12/12/2014
		12/12/2014	Senate amendment submitted
		12/12/2014
		12/12/2014	Senate amendment submitted
		12/15/2014	Motion to proceed to consideration of measure made in Senate.
		12/16/2014	Motion to proceed to measure considered in Senate.
		12/16/2014	Measure laid before Senate by unanimous consent.
		12/16/2014	Pursuant to the provisions of H. Con. Res. 124, enrollment corrections on H.R. 5771 have been made.
		12/16/2014
		12/16/2014	Senate amendment submitted
select this vote	Senate Vote on Passage	12/16/2014	H.R. 5771 (113th): Tax Increase Prevention Act of 2014
		12/17/2014	Message on Senate action sent to the House.
	Presented to President	12/18/2014	Presented to President.
	Signed	12/19/2014	Signed by President.
	Enacted	12/19/2014	Became Public Law No: 113-295.

	Number	Sponsor	Date Offered	Status
	S. Amdt. 3980	Brown, Sherrod [D-OH]	December 9, 2014	Offered on December 8, 2014.
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	S. Amdt. 4105	Coburn, Thomas [R-OK]	December 12, 2014	Offered on December 11, 2014.
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	S. Amdt. 4106	Coburn, Thomas [R-OK]	December 12, 2014	Offered on December 11, 2014.
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	S. Amdt. 4107	Coburn, Thomas [R-OK]	December 12, 2014	Offered on December 11, 2014.
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	S. Amdt. 4108	Coburn, Thomas [R-OK]	December 12, 2014	Offered on December 11, 2014.
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	S. Amdt. 4109	Coburn, Thomas [R-OK]	December 12, 2014	Offered on December 11, 2014.
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	S. Amdt. 4110	Coburn, Thomas [R-OK]	December 12, 2014	Offered on December 11, 2014.
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	S. Amdt. 4111	Coburn, Thomas [R-OK]	December 12, 2014	Offered on December 11, 2014.
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	S. Amdt. 4112	Coburn, Thomas [R-OK]	December 12, 2014	Offered on December 11, 2014.
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	S. Amdt. 4113	Coburn, Thomas [R-OK]	December 12, 2014	Offered on December 11, 2014.
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	S. Amdt. 4114	Coburn, Thomas [R-OK]	December 12, 2014	Offered on December 11, 2014.
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	S. Amdt. 4115	Coburn, Thomas [R-OK]	December 12, 2014	Offered on December 11, 2014.
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	S. Amdt. 4116	Coburn, Thomas [R-OK]	December 12, 2014	Offered on December 11, 2014.
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	S. Amdt. 4121	Flake, Jeff [R-AZ]	December 16, 2014	Offered on December 15, 2014.
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