{"database": "press", "table": "releases", "rows": [["https://www.heller.senate.gov/public/index.cfm/pressreleases?ContentRecord_id=63AC2459-BEB1-4D5A-9484-82F0718AB08F", "VIDEO: Heller Joins Colleagues on Tax-Writing Committee Following Passage of Historic Tax Relief Bill", "2017-12-20", "2017", "2017-12", "Republican", "House", "NV", "Dean Heller", "H001041", "www.heller.senate.gov", null, null, "legacy", "Washington, D.C. U.S. Senator Dean Heller (R-NV) joined several of his colleagues who also serve on the tax-writing Senate Finance Committee in applauding the U.S. Senates passage of legislation that will provide critically important tax cuts to Nevadas middle-class families, boost job creation, and spur economic growth in our communities. It also eliminates Obamacares individual mandate tax penalty, which will help the tens of thousands of Nevadans who would otherwise be forced to pay the fine. Immediately following the U.S. Senates vote on the conference report on the Tax Cuts and Jobs Act, Heller stated that this is a historic moment: December 20th, 2017 because this bill will bring relief to Nevada families and American families across this nation. Click HERE or on the below image to view the video. The legislation includes an amendment that Heller filed with Sen. Tim Scott (R-SC) toincrease the child tax credit to $2,000, or double it from current law.It also includes Hellers measure to make it easier for startups and businessesto give employees an ownership stake in their companys successby awarding stock options. Additionally, Heller was able to protect the tax exemption for stadium bonds, which is critical to preserving the influx of business and growth associated with the construction of the Raiders stadium in Las Vegas, NV.\r\n  [Click HERE or on the below image to view the video.]\r\nAccording to the non-partisan Tax Foundation, this legislation is expected to give a typical Nevada family of four a tax cut of approximately $2,200. Additionally, the non-partisan Joint Committee on Taxation recently confirmed thatevery income category of Nevadas roughly 1.4 million individual tax return filers will receive a tax cut. Yesterday, Heller spoke on the U.S. Senate floor about why tax relief is needed. He cited that in Nevada, real median household income is $7,000 lower today than it was 10 years ago after years of historically low economic growth. He also pointed to reports that nearly 8 in 10 Americans who work full-time are living paycheck to paycheck and went on to state that Nevadans are more likely to be living paycheck to paycheck that Americans living elsewhere. In Nevada, housing costs are reported to consume nearly a quarter of Nevadans paychecks and childcare expenses are skyrocketing. In fact, it has been reported that the average single parent living in Nevada may have to spend as much as 36 percent of his or her annual income to send an infant to center-based care. Heller also highlighted that not only are Americans struggling to get by, they are struggling to plan for their futures. Nearly 1 in 5 Americans have nothing set aside to cover an unexpected emergency, while nearly 1 in 3 Americans dont have at least $500 to cover an unexpected emergency expense.\r\nBackground on the Tax Cuts and Jobs Act:\r\n \r\nWill lead to a 1.7 percent increase in GDP over the long term and 1.5 percent higher wages (Source: Tax Foundation).\r\nIncreases the child tax credit for families in Nevada by 100 percent  changing current law of $1,000 to $2,000. This is a Heller provision.\r\nEliminates Obamacare's individual mandate tax penalty to provide relief to tens of thousands of Nevadans.\r\nReduces rates on lower- and middle-income individuals and families.\r\nPreserves and temporarily expands the medical expense deduction.\r\nPreserves the mortgage interest deduction.\r\nPreserves the treatment of student loan interest or tuition forgiveness.\r\nPreserves the 2015 PATH Act deal on wind and solar.\r\nMaintains the deduction for state and local taxes, including sales and property taxes, up to $10,000.\r\n \r\n###", 1, "2026-03-30T12:14:52Z", "2026-03-30T12:14:52Z"]], "columns": ["url", "title", "date", "year", "month", "party", "chamber", "state", "member_name", "bioguide_id", "domain", "scraper", "source", "date_source", "text", "has_text", "collected_at", "updated_at"], "primary_keys": ["url"], "primary_key_values": ["https://www.heller.senate.gov/public/index.cfm/pressreleases?ContentRecord_id=63AC2459-BEB1-4D5A-9484-82F0718AB08F"], "units": {}, "query_ms": 1.5913930255919695, "source": "dwillis/congress-press", "source_url": "https://github.com/dwillis/congress-press", "license": "MIT", "license_url": "https://github.com/dwillis/congress-press/blob/main/LICENSE"}