Thursday, September 27th
On Thursday, the House will meet at 10:00 a.m. for morning hour and 12:00 p.m. for legislative business. First votes expected: 1:30 p.m. - 2:30 p.m. Last votes expected: 4:00 p.m. - 5:00 p.m.
2 Rule Bills
1) H.R. 6756 - American Innovation Act of 2018 (PDF)
Sponsor: Rep. Vern Buchanan (R-FL) | Ways and Means Committee
Topline Summary: This bill intends to make it easier and less costly for an entrepreneur to start a new business by providing for more deductions of start-up and organizational costs in the business’s first year and preserving start-up losses and start-up credits by exempting them from the limitations on use that otherwise could apply after an ownership change.
2) H.R. 6757 - Family Savings Act of 2018 (PDF)
Sponsor: Rep. Mike Kelly (R-PA) | Ways and Means Committee
Topline Summary: This bill reforms retirement accounts and family-friendly saving accounts to increase flexibility and encourage savings, and creates a new universal savings account.