An amendment to increase by transfer, the funds for historically Black Colleges and the Tuskegee University by $3.5 million.
United States · United States Congress
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1,073 records where Rep. Davis, Artur [D-AL-7] is listed as a sponsor, author, or other actor. Search with topics and years
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United States · United States Congress · 14 December 2010
Congratulates Auburn University quarterback and College Park, Georgia, native Cameron Newton on winning the 2010 Heisman Trophy for being the most outstanding college football player in the United States.
United States · United States Congress · 22 September 2010
Recognizes the commitment and efforts made by the Library of Congress to promote the joy of reading through the sponsorship of the National Book Festival. Recognizes and emphasizes the important historic and ongoing role of the Library of Congress in organizing and running the National Book Festival. Encourages all Americans to celebrate the 10th National Book Festival, "A Decade of Words and Wonder."
United States · United States Congress · 10 August 2010
Stem Cell Therapeutic and Research Reauthorization Act of 2010 - Amends the Stem Cell Therapeutic and Research Act of 2005 to revise the National Cord Blood Inventory Program, including to: (1) remove the cap of 150,000 new units of cord blood to be made available for transplantation under the Program; and (2) require an application under the Program to include a plan for, and demonstration of, ongoing measurable progress toward achieving self-sufficiency of cord blood unit collection and banking operations. Extends financial support provided under the Program for an additional five years. (Current law allows financial support for a maximum of ten years.) Sets forth requirements for such an extension, including that a qualified cord blood bank demonstrate a superior ability to satisfy the requirements of such Program and achieve the overall goals for which the contract was awarded. Redefines the term "first-degree relative" to exclude a parent. Reauthorizes appropriations for FY2011-FY2015 for the collection or maintenance of cord blood. Amends the Public Health Service Act to revise the requirements of the C.W. Bill Young Cell Transplantation Program to: (1) require studies and projects under such Program to include exploring novel approaches or incentives to expand the number of cord blood unit collection sites partnering with federally-supported cord blood banks; and (2) revise privacy provisions to protect the privacy of patients and donors in accordance with federal and state law. Reauthorizes appropriations for such Program for FY2011-FY2015. Directs the Comptroller General to submit a report to the relevant congressional committees and the Secretary of Health and Human Services (HHS) that reviews studies, demonstration programs, and outreach efforts to increase cord blood unit donation and collection.
United States · United States Congress · 29 July 2010
Save U.S. Manufacturing and Jobs Act - Removes duty-free or other preferential treatment eligibility under the Generalized System of Preferences (GSP) for certain imported sleeping bags.
United States · United States Congress · 15 July 2010
Recognizes the historic milestone of the 50th anniversary of the publication of "To Kill a Mockingbird." Honors Nelle Harper Lee for her outstanding achievement in the field of American literature in authoring "To Kill a Mockingbird."
United States · United States Congress · 17 June 2010
Firearms Excise Tax Improvement Act of 2010 - Amends the Internal Revenue Code to require: (1) excise taxes on recreational equipment to be due and payable on the date for filing the return for such taxes (i.e., quarterly); and (2) the Secretary of the Treasury to assess and collect, in the same manner as delinquent taxes are assessed and collected, mandatory orders of restitution for victims of crime.
United States · United States Congress · 20 May 2010
Lena Horne Recognition Act - Directs the Speaker of the House of Representatives and the President pro tempore of the Senate to make appropriate arrangements for the posthumous presentation, on behalf of Congress, of a gold medal of appropriate design in commemoration of Lena Horne in recognition of her achievements and contributions to American culture and the civil rights movement.
United States · United States Congress · 13 May 2010
Honors the memory of Dr. James E. Shepard for his role in founding North Carolina Central University in Durham, North Carolina. Celebrates the school's 100th anniversary and recognizes its accomplishments over the past century. Encourages North Carolina's citizens to participate in activities marking this historic occasion.
United States · United States Congress · 6 May 2010
Amends the Internal Revenue Code to exclude from gross income payments received by a student under a comprehensive student work-learning-service program operated by a work college.
United States · United States Congress · 5 May 2010
Big Oil Bailout Prevention Act of 2010 - Amends the Oil Pollution Act of 1990 to: (1) increase the liability of the party responsible for an offshore facility, except a deepwater port, from which oil is discharged into or upon navigable waters or adjoining shorelines to the total of all discharge removal costs plus $10 billion (currently, $75 million) for each incident; and (2) direct the President to promulgate regulations to allow advance payments from the Oil Spill Liability Trust Fund to states and localities to prepare for and mitigate substantial threats from the discharge of oil. Amends the Internal Revenue Code to eliminate: (1) the $1 billion per incident limitation on expenditures from the Oil Spill Liability Trust Fund for cleanup of oil spills: and (2) restrictions on the borrowing authority of such Trust Fund. Makes this Act effective on April 15, 2010.
United States · United States Congress · 29 April 2010
Supports the designation of Child Advocacy Center Month. Commends the National Child Advocacy Center in Huntsville, Alabama on its 25th anniversary.
United States · United States Congress · 28 April 2010
Haiti Economic Lift Program Act of 2010 - Amends the Caribbean Basin Economic Recovery Act (CBERA) (as amended by the United States-Caribbean Basin Trade Partnership Act, the Haitian Hemispheric Opportunity through Partnership Encouragement Act of 2006 [HOPE Act], and the Haitian Hemispheric Opportunity through Partnership Encouragement Act of 2008 [HOPE II]) to extend, in each succeeding one-year period through FY2020 (transition period), the duty-free treatment of certain imported knit apparel articles made in one or more Caribbean Basin Trade Partnership Act (CBTPA) beneficiary countries from yarns wholly formed in the United States. Extends, in each applicable one-year period through FY2020, the duty-free treatment of imported apparel articles made in Haiti or the Dominican Republic. Prescribes duty-free treatment also, without regard to the source of the fabric, fabric components, components knit-to-shape, or yarns from which the article is made, for specified apparel articles or made-up textile articles: (1) wholly assembled, or knit-to-shape, in Haiti from any combination of fabrics, fabric components, components knit-to-shape, or yarns; and (2) imported directly from Haiti or the Dominican Republic. Sets forth a special rule for certain woven articles and certain knit articles entered during FY2010 and succeeding one-year periods. Requires the Commissioner responsible for U.S. Customs and Border Protection to verify that such apparel articles imported into the United States are not being unlawfully transshipped into the United States. Revises requirements for one particular credit under the earned import allowance certificate program to reduce from three to two the number of square meter equivalents of qualifying woven fabric or qualifying knit fabric that the producer or entity controlling production can demonstrate that it purchased for the manufacture in Haiti of articles like or similar to any article eligible for preferential treatment. Extends the value-added rule for apparel articles and the special rule for certain wire harness automotive components. Directs the Commissioner to seek to send a rapid response team, as well as a support team, to Haiti to: (1) assess the short-term and long-term technical, capacity-building, and training needs of the authorities of the government of Haiti responsible for customs services; and (2) provide immediate assistance, particularly with respect to reestablishing full capacity for commercial port operations at the seaport at Port-au-Prince, facilitating trade between the United States and Haiti under CBERA, preventing unlawful transshipment of goods through Haiti to the United States, and otherwise strengthening cooperation between U.S., Haitian, and Dominican customs authorities. Declares the sense of Congress regarding regional cooperation and transshipment.
United States · United States Congress · 28 April 2010
Second Amendment Enforcement Act - Amends specified law prohibiting the killing of wild birds and wild animals in the District of Columbia to declare that nothing in it or any other provision of law shall authorize or be construed to permit the Council, the Mayor, or any governmental or regulatory authority of the District to prohibit, constructively prohibit, or unduly burden the ability of persons otherwise not prohibited from possessing firearms under federal law from acquiring, possessing in their homes or businesses, transporting for legitimate purposes, or using for sporting, self-protection or other lawful purposes, any firearm neither prohibited by federal law nor subject to the National Firearms Act. Denies the District any authority to enact laws or regulations that discourage or eliminate the private ownership or use of firearms. Declares that nothing in such prohibitions shall be construed to prohibit the District from regulating the carrying of firearms by a person, either concealed or openly, other than at the person's dwelling place, place of business, or on other land possessed by the person. Amends the Firearms Control Regulations Act of 1975 (FCRA) to repeal the definition of a machine gun as any firearm which shoots, is designed to shoot, or can be readily converted or restored to shoot semiautomatically, more than 12 shots without manual reloading. (Thus repeals the ban on semiautomatic weapons.) Redefines "machine gun" as any firearm which shoots, is designed to shoot, or can be readily restored to shoot automatically, more than one shot without manual reloading by a single function of the trigger. Includes also the frame or receiver of any such firearm, any part designed and intended solely and exclusively, or combination of parts designed and intended, for use in converting a firearm into a machine gun, and any combination of parts from which a machine gun can be assembled if such parts are in the possession or under the control of a person. Repeals the District's: (1) registration requirement for possession of firearms; and (2) requirement that licensed firearms dealers keep records of ammunition received into inventory and ammunition sold or transferred. Maintains the current ban on the possession and control of a sawed-off shotgun, machine gun, or short-barreled rifle. Permits a licensed firearms dealer to sell or transfer ammunition, excluding restricted pistol bullets, to persons not otherwise prohibited from possessing or receiving ammunition. Declares that, in the case of a sale or transfer of a handgun to a District resident, a federally licensed importer, manufacturer, or dealer of firearms in Maryland or Virginia shall be treated as a dealer licensed under this Act if: (1) the transferee meets in person with the transferor to accomplish the transfer; and (2) the sale, delivery, and receipt fully comply with the legal conditions of sale in both the District and the jurisdiction in which the transfer occurs. Amends FCRA to allow an individual to possess ammunition in the District if the individual owns (currently, holds the valid registration certificate for) a firearm of the same gauge or caliber as such ammunition. (In effect, repeals the handgun ammunition ban.) Repeals the requirement that firearms in the possession of individuals (other than law enforcement personnel) must be kept unloaded, disassembled, or with the trigger locked, unless the firearm is kept at an individual's place of business, or while being used for lawful recreational purposes within the District . Continues current criminal penalties for allowing access of a minor (under age 16) to loaded firearms, except in specified circumstances. Repeals increased penalties for violations of the prohibition against allowing access of a minor to loaded firearms if injury or death results to the minor or another person. Requires the U.S. attorney, however, to consider both the extent of the minor's injuries and the effect of the minor's injury or death on both of the minor's parents when deciding whether to file charges. Prohibits any prosecution in such circumstances unless the person who committed the violation behaved in a grossly negligent manner, or unless similarly egregious circumstances exist. Eliminates criminal penalties for possessing an unregistered firearm. Amends the District of Columbia Code to: (1) allow private persons or entities owning property in the District to prohibit or restrict the possession of firearms on their property (other than authorized law enforcement personnel or lessees occupying residential or business premises); (2) prohibit unauthorized carrying of rifles or shotguns in the District; (3) authorize certain individuals to carry firearms in certain places and for certain purposes; (4) prescribe requirements for lawful transportation of firearms; and (5) prohibit the use of toy and antique pistols to commit a violent or dangerous crime. Authorizes the District of Columbia to prohibit or restrict the possession of firearms (except to lessees occupying residential or business premises) within any building or structure under its control, or in any area of it, which has implemented security measures to identify and exclude unauthorized or hazardous persons or articles. Amends the Office of Administrative Hearings Establishment Act of 2001 to grant jurisdiction to the Office of Administrative Hearings to hear cases pertaining to denial or revocation of firearm dealer licenses. Repeals the Firearms Registration Amendment Act of 2008 and the Inoperable Pistol Amendment Act of 2008. Restores and revives any provision of law amended or repealed by such Acts as if such Acts had not been enacted into law.
United States · United States Congress · 21 April 2010
Celebrates the life of Dr. Dorothy Irene Height and recognizes her lifelong dedication and leadership in the struggle for civil rights for all people.
United States · United States Congress · 14 April 2010
Requires the Federal Communications Commission (FCC) to extend for 45 days the time period for filing petitions to deny, oppositions, and comments in the proceeding relating to the proposed merger of Comcast and NBC Universal. States that such extension shall: (1) permit petitions to deny, oppositions, and comments on or before June 17, 2010; (2) permit responses to petitions to deny, oppositions, and comments on or before July, 16, 2010; and (3) permit replies to such responses on or before August 1, 2010.
United States · United States Congress · 25 March 2010
Renewable Fuels Reinvestment Act - Amends the Internal Revenue Code to extend through 2015 the income and excise tax credits for alcohol used as fuel, the cellulosic biofuel producer tax credit, and the reduced credit for ethanol blenders. Amends the Harmonized Tariff Schedule of the United States to extend until 2016 the additional tariff on ethyl alcohol blends (ethanol) used as fuel.
United States · United States Congress · 16 March 2010
Small Business and Infrastructure Jobs Tax Act of 2010 - Amends the Internal Revenue Code to: (1) allow a 100% exclusion from gross income of gain from the sale of qualified small business stock acquired after March 15, 2010, and before January 1, 2012; (2) limit the penalty for failure to disclose a reportable transaction (a transaction determined by the Internal Revenue Service (IRS) as having a potential for tax avoidance or evasion) to 75% of the decrease in tax resulting from such transaction; (3) revise the definition of "qualified nonrecourse financing" to include qualified nonrecourse real property or Small Business Investment Company financing as amounts at risk for purposes of determining the deductibility of losses from certain investment activities, including farming, leasing, and energy exploration; (4) increase in 2010 and 2011 the tax deduction for business start-up expenditures; (5) extend through June 30, 2013, the period for issuing Build America Bonds; (6) exempt private activity bonds for sewage and water supply facilities from the state volume caps applicable to such bonds; (7) extend through 2011 the exemption from alternative minimum tax (AMT) treatment of interest on certain tax-exempt bonds; (8) allow elective payments in lieu of low-income housing tax credits for low-income buildings financed by tax-exempt bonds; (9) extend through 2011 the period for issuing recovery zone bonds; and (10) allow an full offset against the AMT for new market tax credit amounts. Sets forth revenue-raising provisions, including: (1) a prohibition of any reduction of tax withholding for payments made by a U.S. subsidiary of a foreign parent corporation to a related subsidiary in any country that has a tax treaty with the United States, except for payments made directly to the foreign parent corporation; (2) recognition of gain from the transfer of securities of a controlled corporation in a reorganization; (3) the repeal of tax treatment as foreign source income of interest and dividends paid by certain resident alien individuals and U.S. corporations; (4) treating rental income from real estate as a trade or business activity for tax reporting purposes; (5) expanding the continuous tax levy on payments to vendors for good and services to include payments for all property, goods, or services and for delinquent employment taxes owed by such vendors; (6) revising requirements for grantor retained annuity trusts to require a minimum 10-year period for payments from such trusts; and (7) increasing tax penalties for failure to file correct information returns and for the intentional disregard of reporting requirements. Requires the Commissioner of Internal Revenue to report by December 31, 2010, and then annually to the House Committee on Ways and Means and the Senate Committee on Finance on penalties relating to tax shelters and reportable transactions.
United States · United States Congress · 16 March 2010
American Job Creation and Investment Act - Amends the Internal Revenue Code to allow a corporation to elect in 2010 and 2011 to increase its alternative minimum tax (AMT) credits by a specified credit adjustment amount for purposes of increasing its U.S. workforce and making investments in business equipment. Allows a similar election for a taxable year which includes December 31, 2009, with certain restrictions. Terminates such additional credit allowance after December 31, 2011.
United States · United States Congress · 16 March 2010
Recognizes Madam C. J. Walker as one of history's greatest businesspersons and a role model for women, African-Americans, small businesses, entrepreneurs, and the nation's young people.
United States · United States Congress · 2 February 2010
Commends and congratulates the University of West Alabama, in Livingston, Alabama, on the occasion of its 175th anniversary.
United States · United States Congress · 21 January 2010
Buffalo Soldiers in the National Parks Study Act - Directs the Secretary of the Interior to study alternatives for the commemoration and interpretation of the role of the Buffalo Soldiers (African-American troops who, in the late 19th century and early 20th century, came to be known as the Buffalo Soldiers) in the early years of the National Parks, which shall include an evaluation of the suitability and feasibility of establishing a national historic trail commemorating the route traveled by the Buffalo Soldiers from their post in the Presidio in San Francisco to the Sequoia and Yosemite National Parks and to any other National Parks where they may have served.
United States · United States Congress · 20 January 2010
Expresses: (1) condolences and sympathy for the loss of life and the physical and psychological damage in Haiti caused by the January 2010 earthquake; and (2) solidarity with Haitians, Haitian Americans, and those who have lost loved ones or have otherwise been affected by the tragedy. Commends the efforts of the governments of Haiti and the United States, the United Nations and the international community, and the American people. Supports: (1) Administration efforts to provide and coordinate international humanitarian assistance and to provide relief to affected communities; and (2) long-term reconstruction efforts for Haiti. Urges countries and institutions that hold debt against Haiti to suspend debt payments and cancel all remaining debt. Urges the President to make necessary resources available for current and long-term assistance to Haiti.
United States · United States Congress · 20 January 2010
Honors the life and sacrifice of Medgar Evers and recognizes the important role he played in securing civil rights for all people in the United States. Congratulates the United States Navy for honoring Medgar Evers by naming the United States Naval Ship Medgar Evers after him.
United States · United States Congress · 19 January 2010
Treats cash contributions made after January 11, 2010, and before March 1, 2010, for the relief of earthquake victims in Haiti as having been made on December 31, 2009, for purposes of the tax deduction for charitable contributions. Deems a contribution as meeting the recordkeeping requirements of the Internal Revenue Code if the taxpayer produces a telephone bill showing the name of the donee organization and the date and amount of the contribution.
United States · United States Congress · 13 January 2010
Commends the University of Alabama for winning the Bowl Championship Series National Championship. Recognizes the achievements of the players, coaches, students, and support staff who were instrumental in the victory.
United States · United States Congress · 13 January 2010
Recognizes and expresses support for the goals and ideals of North American Inclusion Month.
United States · United States Congress · 16 December 2009
Alabama Black Belt National Heritage Area Act - Establishes the Alabama Black Belt National Heritage Area in Alabama. (Describes the Black Belt area as a region in the lower-central portion of Alabama that sustains an abundance of natural resources, historical sites, cultural diversity, and recreational activities shaped by its fertile black soil.) Designates the Center for the Study of the Black Belt at the University of West Alabama as the local coordinating entity for the Heritage Area, requires the Center to submit a management plan for the Heritage Area, and sets forth procedures for the approval or disapproval of such plan.
United States · United States Congress · 16 December 2009
Main Street Survival Act - Expresses the sense of Congress that the President should encourage financial institutions that have received federal financial support to maintain historic levels of lending to small and medium-sized businesses. Instructs the Secretary of the Treasury to establish a three-year Main Street Revolving Loan Fund Program to provide temporary loans to businesses with less than 1,000 full-time equivalent employees. Establishes in the Treasury a revolving loan fund to implement the Program. Permits a business to use a Main Street revolving loan to finance the cost of certain operations, but prohibits the use of it to expand its operations significantly. Limits the term of such a loan to nine months, and the maximum total amount of loans to a particular business in any fiscal year to $1 million.
United States · United States Congress · 15 December 2009
Expresses the sense of the House of Representatives that: (1) the guidelines of the United States Preventive Services Task Force would not prohibit an insurer from providing coverage for mammography services in addition to those recommended by the Task Force and should not be used by insurers to deny coverage for services that are not recommended on a routine basis; and (2) the National Cancer Institute should continue to invest and provide leadership regarding research to develop more effective breast cancer screening tools and strategies.
United States · United States Congress · 15 December 2009
Congratulates Flint native and running back Mark Ingram on winning the 2009 Heisman Trophy. Honors both his athletic and academic achievements.
United States · United States Congress · 15 December 2009
Congratulates Mark Ingram (University of Alabama running back) for winning the 2009 Heisman Trophy and for his academic and athletic accomplishments.
United States · United States Congress · 14 December 2009
Amends the Internal Revenue Code to make permanent the 15-year recovery period classification for qualified leasehold improvement, restaurant, and retail improvement property, for purposes of the depreciation tax deduction.
United States · United States Congress · 14 December 2009
Congratulates Flint native and running back Mark Ingram on winning the 2009 Heisman Trophy. Honors both his athletic and academic achievements.
United States · United States Congress · 8 December 2009
Incentives to Increase Use of Renewable Biomass Act of 2009 - Amends the Farm Security and Rural Investment Act of 2002 to require the Secretary of Agriculture to: (1) establish a program to provide interest-free loans to eligible institutions (i.e., an institution of higher education, an elementary or secondary school, a hospital, a local government building, or a governmental, community, health, or educational building owned or leased and occupied by an Indian tribe, except any building used for gaming) for capital costs for converting existing equipment, or installing new equipment, to use renewable biomass for energy generation, heating, or cooling systems; and (2) ensure that an institution receiving such a loan will use renewable biomass for no less than 75% of the energy generation, heating, or cooling needs of the facility for which the loan is received. Establishes in the Treasury a revolving fund for such program. Requires the Secretary to: (1) deposit amounts received as payment on loans provided under such program into such revolving fund; and (2) make available $100 million of the funds of the Commodity Credit Corporation to such revolving fund.
United States · United States Congress · 8 December 2009
Healthy Forests Restoration Amendments Act of 2009 - Amends the Healthy Forests Restoration Act of 2003 to expand the purposes of the Act to include providing for the protection, restoration, and enhancement of forest ecosystem components to protect infrastructure in rural communities. Expands federal land areas eligible for hazardous fuel reduction projects. Repeals the total federal land acreage limitation on authorized hazardous fuel reduction projects. Revises requirements regarding the alternative analysis process for authorized hazardous fuel reduction projects in the wildland-urban interface. Bars the Secretary of Agriculture or the Secretary of the Interior from being required to study, develop, or describe more than the proposed agency action and a no action alternative in an environmental assessment or environmental impact statement for specified proposed authorized hazardous fuel reduction projects.
United States · United States Congress · 2 December 2009
Agricultural Disaster Assistance Act of 2009 - Directs the Secretary of Agriculture to: (1) make a supplemental direct commodity payment to eligible producers that previously received such a payment; (2) make grants to states to assist eligible specialty crop producers for losses associated with drought or excessive rainfall during 2009; (3) provide supplemental assistance to eligible producers and first-handlers of the 2009 crop of cottonseed in disaster counties; (4) continue to carry out the 2002 livestock compensation program and provide assistance to any applicant that conducts a livestock operation located in a disaster county or produces fish classified within the family Ictaluridae (catfish); and (5) make payments to eligible producers for livestock losses occurring in a disaster county.
United States · United States Congress · 2 December 2009
Commends the Real Salt Lake soccer club for winning the 2009 Major League Soccer Cup.
United States · United States Congress · 19 November 2009
FVPSA Reauthorization Act of 2009 - Revises requirements for and reauthorizes the Family Violence Prevention and Services Act at increased levels for FY2010-FY2014. Directs the Secretary of Health and Human Services (HHS) to establish grant programs for: (1) specialized services for abused parents and their children; (2) domestic violence prevention enhancement and leadership through alliances; and (3) enhancement of culturally competent services for adult and youth victims of domestic violence from racial and ethnic minority groups.
United States · United States Congress · 19 November 2009
Amends Internal Revenue Code, with respect to the rehabilitation tax credit, to allow such credit for expenditures to rehabilitate public school property that is leased to a tax-exempt entity.
United States · United States Congress · 18 November 2009
Low Income Housing Tax Credit Act of 2009 - Amends the Internal Revenue Code, with respect to the low income housing tax credit, to increase the offset of such credit against regular income tax liability and permit a five-year carryback of credit amounts.
United States · United States Congress · 17 November 2009
Enhanced Restitution Enforcement and Equitable Retirement Treatment Act of 2009 - Amends the federal criminal code to: (1) impose a late fee on unpaid criminal fines or restitution obligations of $2,500 or more; (2) revise requirements for the modification or remission of unpaid criminal fines, restitution obligations, or special assessments; (3) require the Attorney General to establish guidelines for the enforcement of all criminal and civil obligations owed to the United States; and (4) increase special assessments on persons convicted of federal misdemeanors and felonies. Amends the federal judicial code to impose a late fee on unpaid money judgments owed to the United States. Establishes in the Treasury the Department of Justice (DOJ) Enhanced Financial Recovery Fund to support DOJ debt collection activities. Requires current federal agency share contributions for personnel benefits incurred as a result of this Act to be paid from such Fund. Requires assistant U.S. attorneys to be treated in the same manner as federal law enforcement officers for purposes of federal employee retirement benefit provisions.
United States · United States Congress · 6 November 2009
Fair Disaster Tax Relief Act of 2009 - Amends the Internal Revenue Code to make permanent: (1) the enhanced tax deduction for net losses incurred in federally declared disasters; (2) the $500 limit on the tax deduction for individual casualty losses; (3) expensing of certain disaster abatement and cleanup expenses; (4) the tax deduction for net operating losses attributable to a federally declared disaster; (5) eligibility for tax-exempt bond financing for repair of principal residences destroyed or damaged in a federally declared disaster; and (6) the bonus depreciation allowance for property in a disaster area.
United States · United States Congress · 27 October 2009
Preserve Benefits and Jobs Act of 2009 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code to: (1) allow a sponsor of a single-employer defined benefit pension plan to elect in 2009 or 2010 extended amortization periods (9 or 15 years) for investment losses incurred in prior years; (2) allow an increase in the valuation range of plan assets; (3) use the funded status of a plan in 2008 to determine benefit restrictions in 2009 and 2010 and prohibit the use of credit balances by pension plans that are under 80% funded in the prior year; (4) exclude plan-related administrative expenses (including investment expenses) from normal cost targets; (5) delay until 2012 the application of certain benefit restrictions to collectively bargained plans; and (6) require a 120% funding target for plans adopting ad hoc amendments that allow lump sum benefits payments and increased plan liabilities. Revises rules relating to information reporting and reportable events. Calculates the amount of any pension plan guarantee by the Pension Benefit Guaranty Corporation (PBGC) using the date of plan termination rather than the date of a plan bankruptcy filing. Amends ERISA provisions relating to multiemployer pension plans to: (1) allow such plans to elect alternative amortization plans and valuation methods in 2009 and 2010 for investment losses; (2) extend by five years the funding improvement period for plans in endangered or critical status; (3) permit multiemployer plans to merge or form alliances with other plans; and (4) increase PBGC guarantees for insolvent plans to increase participant benefits.
United States · United States Congress · 26 October 2009
Amends the Internal Revenue Code to extend through 2012 the period for placing in service buildings located in a disaster area that are eligible for allocations of low-income housing tax credit amounts.
United States · United States Congress · 23 October 2009
Considers the "Report of the United Nations Fact Finding Mission on the Gaza Conflict" (Goldstone Report) to be biased and unworthy of further consideration or legitimacy. Supports the Administration's efforts to combat anti-Israel bias at the United Nations (U.N.). Calls on the President and the Secretary of State to oppose endorsement of, and measures stemming from, the Report. Reaffirms support for Israel's right to defend its citizens from violent militant groups and their state sponsors.
United States · United States Congress · 23 October 2009
Congratulates President Barack Hussein Obama for winning the 2009 Nobel Peace Prize, on behalf of all the people of the United States.