Democrat house unanimously pass gay reparations bill giving tax refunds

The PRIDE Act would remove gendered language like "husband" and "wife" from the tax code to accommodate same sex couples.

The ongoing fight for LGBTQ equality - Philadelphia Gay News

Instead, tax filings will use words like "spouse" and "married couple.". The Democrat-controlled U.S. House of Representatives on Wednesday approved legislation enabling “married” same-sex couples to seek millions in tax refunds for unions that were not previously recognized under federal tax law. A week ago, the Democrat-controlled U.S. House of Representatives approved legislation enabling same-sex couples to seek millions in tax refunds for unions that were not previously recognized under federal tax law.

DEMOCRATS PASS GAY REPARATIONS FOR TAX REFUNDS FOR SAME SEX COUPLES ON JULY 26, HOUSE REPRESENTATIVES UNANIMOUSLY VOTED FOR A BILL SEEKING REFUNDS FROM. The House unanimously passed legislation to allow same-sex couples who married before the Defense of Marriage Act was struck down by the Supreme Court to claim their tax refunds. The House Financial Services Committee, with jurisdiction over securities regulation and the SEC, passed the bill out of the committee in July , with all Republicans and six Democrats voting to advance the legislation.

The U. The House Agriculture Committee, with jurisdiction over the CFTC, also marked up the bill and passed the measure out of the committee with a unanimous voice vote in July See All Insights. In an interview with NBC News, Chu said she thinks her bill might pick up some Republican support, particularly because several GOP representatives voted for the Equality Act, a bill passed by the House that would modify existing civil rights legislation to add "sexual orientation" and "gender identity" to the list of protected classes, along with race, religion, color, sex, etc.

Profile My News Sign Out. Additionally, Rep. Follow NBC News. Search Search. Senate Banking Chairman Brown has not signaled support for any digital assets legislation. If nothing else, the simple act of introducing these two bills show that some legislators are taking the fight for equality seriously. Although reportedly far along in the process, long-running issues regarding the balance between the regulatory powers of the Federal Reserve and state regulators remain an issue.

FIT 21 attempts to upend the Howey test as it relates to crypto by introducing new designations for digital assets. In a time wheb being gay is punishable by the death penalty in several countries and LGBTQQ activists are hunted and murdered, some in the U. Since the repeal of DOMA and the legalization of same-sex marriage, same-sex couples have enjoyed equal treatment under the U.

Read More. I have read this and want to send an email. The now-infamous Howey test, named for the year-old case SEC v. Two years to the day after United States v. Additionally, Sens. Skip to Content. The better-than-expected vote is a legacy-making moment for Chairman McHenry, who is retiring at the end of the year. For an optimal experience visit our site on another browser. Judy Chu, D-Calif.

The bill also prohibits CFTC-registered platforms from comingling their funds with customer funds, allowing the customer to waive this for certain specified reasons. When we won marriage equality, the IRS allowed married couples to jointly file taxes retroactively for up to three years where they had previously filed as individuals. Judy Chu and Michigan Rep. Share share share share.