Bill H.R.8323 titled “To amend the Social Security Act and the Internal Revenue Code of 1986 to include net investment income tax imposed in the Federal Hospital Insurance Trust Fund and to modify the net investment income tax” was referred to the House Committee on Ways and Means by the House of Representatives. The bill is sponsored by Rep. Lloyd Doggett with Nanette Barragan, Earl Blumenauer, K. Butterfield G., Steve Cohen, Pramila Jayapal, Eddie Johnson, Ron Kind, John Larson, Gwen Moore, Marie Newman, Mark Pocan, Janice Schakowsky, Terri Sewell, Thomas Suozzi, Dina Titus as cosponsors.
The Ways and Means Committee moves forward in some way on two bills per day.
Most bills have a hearing where those involved explain why they are for or against the bill. Roughly 8,000 bills are addressed by committees each year but only about 800 make it to the floor of Congress, according to ushistory.org.
A 2019 report from the Brookings Institute argued committees aren’t capable of delving fully into the issues they address and are forced to rely on lobbyists.
| Bill Name | Sponsor | Action |
|---|---|---|
| To amend the Social Security Act and the Internal Revenue Code of 1986 to include net investment income tax imposed in the Federal Hospital Insurance Trust Fund and to modify the net investment income tax. | Rep. Doggett, Lloyd | House of Representatives |
