Thompson Reacts to Release of Redacted Mueller Report Calls for release of full document, public testimony from Mueller
Washington – Today Rep. Mike Thompson (CA-05) released the following statement in reaction to the release of Special Counsel Robert Mueller’sReport on the Investigation into Russian Interference in the 2016 Presidential Election, a redacted version of which was delivered to Congress today.
Thompson, Reed, Pascrell, Rice and Suozzi Introduce Bill to Permanently Extend Work Opportunity Tax Credit Bill expands workforce opportunities
Washington – Today House Ways and Means Select Revenue Measures Subcommittee Chairman Mike Thompson (D-CA), Rep. Tom Reed (R-NY), Rep. Bill Pascrell (D-NJ), Rep Tom Rice (R-SC), and Rep. Tom Suozzi (D-NY) announced the introduction of H.R. 2213, a bill that permanently extends the Work Opportunity Tax Credit (WOTC) to help certain disadvantaged groups – including public assistance-dependent individuals, qualifying veterans, and persons with a physical or mental disability, among others – find permanent employment.
Thompson Votes in Favor of Bipartisan Drug Pricing Transparency Legislation Bill advances out of Ways and Means Committee
Washington – Today Rep. Mike Thompson (CA-05), who serves on the House Ways and Means Subcommittee on Health, voted to advance out of committee H.R. 2113, the Prescription Drug Sunshine, Transparency, Accountability and Reporting (STAR) Act. This bipartisan legislation is a combination of bills intended to promote and expand transparency in drug pricing, including requirements that manufacturers justify large, rapid price increases.
Thompson, Reed, Posey Introduce Motorsports Fairness and Permanency Act Provides tax certainty for motorsports industry
Washington – Today House Ways and Means Select Revenue Measures Subcommittee Chairman Rep. Mike Thompson (CA-05), Representative Tom Reed (NY-23) andRepresentative Bill Posey (FL-08), Co-Chair of the Congressional Motorsports Caucus, announced the introduction of the bipartisan Motorsports Fairness and Permanency Act, a bill that makes permanent the seven-year cost recovery period for motorsports entertainment complexes, giving these economic drivers the tax certainty needed to make long-term investments in safe racing environments
Thompson, Calvert, Harris and Feinstein Reintroduce Earthquake Mitigation Legislation Bill would exclude mitigation incentives from federal taxation
Washington – Today House Ways and Means Subcommittee on Select Revenue Measures Chairman Mike Thompson (CA-05), Rep. Ken Calvert (CA-42), Senator Kamala Harris (D-CA), and Senator Dianne Feinstein (D-CA) announced the reintroduction of the Earthquake Mitigation Incentive and Tax Parity Act, legislation that makes incentives for residential seismic retrofits tax-free at the federal level. This will help expand earthquake mitigation efforts and bring the federal policy in line with California state policy.
Thompson Lauds IRS Guidance Clarifying Essential Housing Financing Available for Veterans and Farmworkers
Washington – Today House Ways and Means Select Revenue Measures Subcommittee Chairman Mike Thompson (CA-05) announced that the Internal Revenue Service (IRS) has issued much-needed guidance clarifying that tax-exempt Private Activity Bonds (PABs) can be used to help finance housing projects for veterans, farmworkers and other populations.
Thompson Votes to Advance Legislation to Expand Retirement Savings and Revamp IRS Bills reported out of House Committee on Ways and Means
Washington – Today House Ways and Means Subcommittee on Select Revenue Measures Chairman Mike Thompson (CA-05) voted to advance several, bipartisan proposals out of the full Ways and Means Committee. Most notably, Thompson voted to advance the SECURE Act, legislation to expand retirement savings opportunities, and the Taxpayer First Act, a bill to modernize the Internal Revenue Service (IRS) so it better serves taxpayers. A statement from Thompson is below.
Thompson Leads Call to Require Defense Department to Buy American-Made Flags Bipartisan request made by record 46 Members
Washington – Today Rep. Mike Thompson (CA-05) led a letter requesting the Department of Defense be required to only purchase American flags made in the United States. This letter was signed by 46 Members of Congress from both parties and text is included below.
Thompson Announces Record Bipartisan Support for NICS Funding 188 Members agree on strong funding for background checks system
Washington – Today Gun Violence Prevention Task Force Chairman Mike Thompson (CA-05) announced that a record 188 Members of Congress have signed his letter to appropriators requesting strong funding for the National Instant Background Checks System (NICS).
Thompson and Kelly Introduce Legislation to Help Stop Abuse of Conservation Tax Incentive Bill supports legitimate use of open space through charitable donations
Washington – Today Rep. Mike Thompson (CA-05), Chair of the House Ways and Means Subcommittee on Select Revenue Measures and Rep. Mike Kelly (PA-16) announced the introduction of the Charitable Conservation Easement Program Integrity Act of 2019.