Tax Reform

Rep. Hill: No regrets on tax cut vote, prediction for gridlock remaining of year 2/23/2020 TB&P U.S. Rep. French Hill, R-Little Rock, expects legislation to move through the House this year, but he’s uncertain how much of it will be bipartisan and worthy of becoming law. In the post-impeachment Congress and with Democrats leading the House and Republicans controlling the Senate… Read more »

WASHINGTON D.C. — Tonight, Congressman French Hill (AR-02) released the following statement after the president delivered the annual State of the Union address: "Over the past three years, Congressional Republicans and the president have kept their promise to revitalize America by cutting burdensome government regulations, delivering the most sweeping tax reform in more than 30… Read more »

Lawmakers Want Answers From IRS, Citing Major Issues With Crypto Tax Guidance 12/23/2019 Bitcoin.com Eight lawmakers have sent a letter to the IRS seeking answers to new questions stemming from the latest crypto tax guidance. They pointed out a number of major issues including unwarranted tax liabilities for crypto users who unwillingly receive forked or airdropped… Read more »

Members of Congress push IRS for tax clarity on crypto airdrops, forks 12/20/2019 The Block Crypto Eight members of the U.S. House of Representatives have sent a letter to the commissioner of the Internal Revenue Service, asking for the agency to expand and clarify its guidance around token airdrops and blockchain network forks. The letter – drafted by Reps. Tom Emmer, Bill… Read more »

HBCUs receive permanent funding of $255 million 12/15/2019 TB&P A bipartisan bill to make permanent $255 million in annual funding for Historically Black Colleges and Universities (HBCUs) cleared Congress last week. The measure includes $255 million in annual funding for HCBUs, simplifies the application for federal student aid, and eliminates annual paperwork required of… Read more »

'Widow's tax' provision in bill OK'd by House 12/12/2019 Arkansas Democrat-Gazette WASHINGTON -- The National Defense Authorization Act, which passed in the House of Representatives 377-48 Wednesday, contains good news for thousands of military widows in Arkansas and across the country. The bill gradually repeals a longstanding federal law that had prevented tens of thousands of… Read more »

Rep. Hill celebrates Passage of Bill to Permanently Fund Arkansas’s HBCUs 12/10/2019 KARK WASHINGTON, D.C. —Today, the House of Representatives passed a Senate amended version of H.R. 5363, the Fostering Undergraduate Talent by Unlocking Resources for Education (FUTURE) Act by a vote of 319-96 with Congressman French Hill’s (AR-02) support. This bipartisan legislation would… Read more »

Group of House Republicans restarts Suburban Caucus 11/21/2019 ABC4 WASHINGTON (NEXSTAR) – A group of House Republicans announced their plan Wednesday to improve the quality of life for the bulk of the people they represent, those who live in suburban areas. This group wants to take what’s working at the local and state levels and implement them at the federal level. “Going… Read more »

Fear of Facebook spurs momentum for Fed to build its own digital currency Politico 10/16/19 Lawmakers and Federal Reserve officials are so concerned about Facebook’s plans to launch a new digital currency that they’re contemplating a novel response — having the central bank create a competitor. Momentum is building for an idea that was once considered outlandish — a U.S.… Read more »

State Senate's leader unveils e-cigarette bill; tax rise, curbs on public use proposed Arkansas Democrat Gazette 9/17/19 Arkansas' Senate leader on Monday publicized a draft bill that would raise taxes on electronic cigarettes and bar their use in places where traditional cigarettes are prohibited. Senate President Pro Tempore Jim Hendren, R-Sulphur Springs, said he drafted the… Read more »