Finance, investment and tax-related legislation

As the number of taxing jurisdictions putting vaping tax laws in place continues to rise, discrepancies will become even more pronounced.

The two appropriations bills extend government funding while also dealing with several of the tax extender provisions and repealing some Obamacare taxes.

The legislation extends a number of credits, and kills some Affordable Care Act taxes.

Congressional spending bills are expected to permanently repeal the “Cadillac tax” and other taxes funding the Affordable Care Act, raise the tobacco purchasing age to 21, and extend the U.S. Export-Import Bank for seven years, according to a senior House Democratic aide familiar with the talks.

Legislation that would provide big deductions for taxpayers with high state and local tax bills is gathering momentum in the House this week, but it’s headed into a brick wall in the Senate.

House Democrats are making a last-ditch bid to reverse the $10,000 cap on state and local tax deductions before year’s end. But they’ll likely need to renew their efforts in 2020 — or beyond — because the legislation has no chance of becoming law this year.

The legislation from the House Judiciary Committee would decriminalize marijuana at the federal level and reassess pot convictions.

The GREEN Act aims to deal with climate change by offering a range of tax incentives for use of renewable energy.

Democratic representatives are working on legislation that would nearly double the top individual U.S. tax rate on the highest incomes.

The bill would raise the federal corporate income tax rate on companies that pay their CEO more than 50 times as much as their average employee.