Bill· HRH.R. 7223 (110th)referred
United States · United States Congress · 29 September 2008
Free Market Protection Act of 2008 - Government-Sponsored Enterprises Free Market Reform Act of 2008 - Directs the Director of the Federal Housing Finance Agency (FHFA) to: (1) determine the financial viability of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government-sponsored enterprises or GSEs); (2) terminate the conservatorship of a GSE that is financially viable; or (3) appoint the FHFA as receiver for a GSE that is not financially viable. Amends the Housing and Community Development Act of 1992 to limit the mortgage assets held by a GSE upon its emergence from conservatorship, including an increase in its minimum capital requirements. Amends the Economic Stimulus Act of 2008 to repeal the temporary increase in conforming loan limits applicable to the GSEs. Prohibits the GSEs from purchasing mortgages that exceed the median area home price. Requires the GSEs to pay state and local taxes. Directs the Comptroller General to study and report to Congress on recoupment of costs for the federal guarantee regarding the GSEs. Requires the wind down of operations and dissolution of a GSE whose charter has not been renewed. Price Stability Act of 2008 - Amends the Federal Reserve Act to direct the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to: (1) establish an explicit numerical definition of "price stability"; and (2) maintain a monetary policy that promotes long-term price stability. Repeals the Full Employment and Balanced Growth Act of 1978 (Humphrey-Hawkins Act). Amends the Employment Act of 1946 and the Congressional Budget Act of 1974 to reflect the changes made by this Act. Amends the Internal Revenue Code to: (1) prescribe a temporary zero percent capital gains rate for individuals and corporations; (2) substitute an indexed basis for the adjusted basis of certain assets in order to determine gain or loss upon disposition; (3) provide a five-year carryback of certain losses for taxable years ending during 2007, 20008, and 2009; and (4) modify the deduction for dividends received from controlled foreign corporations. Directs the Securities and Exchange Commission to suspend the application of fair value reporting standards to troubled assets held by financial institutions. Directs the General Accountability Office to analyze and report to certain congressional committees on the effect of fair value accounting standards upon financial institutions. Makes the Secretary of the Treasury responsible to determine the terms of a program to insure payment of up to 100% of principal and interest on each mortgage-backed security held by a financial institution on or before September 24, 2008. Establishes a Mortgage-Backed Securities Fund. Treats gain or loss from the sale or exchange of preferred GSE stock by specified financial institutions as ordinary income or loss. Requires an officer of an institution to pay to the Department of the Treasury any funds received as incentive-based or equity-based compensation during a specified period before the year in which the institution is subject to government intervention.
Bill· HRH.R. 7175 (110th)open
United States · United States Congress · 27 September 2008
Small Business Financing Improvements Act of 2008 - Amends the Small Business Act to provide requirements for trust certificates representing all or a portion of one or more small business loans guaranteed by the Small Business Administration (SBA). Directs the SBA to establish an optional loan size standard applicable to both 7(a) (SBA-guaranteed general business loans) borrowers and 504 (loans to small businesses funded by the SBA through certified development companies [CDCs]) borrowers. Revises provisions of the Small Business Investment Act of 1958 concerning the CDC program to: (1) provide criteria before a development company may issue debentures for the financing of SBA-backed loans; (2) add as an eligible loan purpose the expansion of certain businesses in low-income communities; (3) allow certain businesses or corporations owned by more than one individual to qualify for a public policy goal loan; (4) allow loan financing to include a limited amount of refinancing for debt not previously guaranteed by the SBA; (5) allow certain small business borrowers to contribute additional equity to a project funded partially through a CDC; (6) allow CDCs to contract privately for the foreclosure and liquidation of defaulted loans; and (7) allow CDC borrowers to include administrative and closing costs within loan amounts. Revises provisions concerning the Small Business Investment Company Program to revise a participating company's maximum: (1) amount of outstanding leverage; and (2) aggregate investment limit in a single business.
Bill· HRH.R. 7139 (110th)referred
United States · United States Congress · 26 September 2008
Amends titles XVIII (Medicare) and XIX (Medicaid) of the Social Security Act to require the full-time director of food services at a Medicare skilled nursing facility (SNF) or a Medicaid nursing facility, if not a qualified dietitian, to be a Certified Dietary Manager meeting the requirements of the Certifying Board for Dietary Managers or have equivalent military or academic qualifications.
Bill· HRH.R. 7072 (110th)referred
United States · United States Congress · 25 September 2008
Amends the Higher Education Act of 1965 to make technical corrections to the Ensuring Continued Access to Student Loans Act of 2008. Clarifies the Secretary of Education's authority to purchase, or enter into and fund forward commitments to purchase, until July 2010, Federal Family Education Loans (FFELs) from lenders when there is an inadequate availability of loan capital to meet the demand for such loans. Includes, within such purchase authority, FFELs that qualify for loan rehabilitation under the Default Reduction program. Conditions the Secretary's purchase or forward commitment to purchase FFELs on lender agreement to originate or purchase new FFELs. (Currently, they are required to use the funds from such purchases to engage in such activities.) Requires the Secretary to contract with the current servicers of FFELs the Secretary is purchasing for the continued servicing of such loans, provided certain conditions are met. (Currently, the Secretary is authorized to enter into servicing agreements with willing lenders whose loans are being purchased.)
Resolution· HRESH.Res. 1494 (110th)passed
United States · United States Congress · 24 September 2008
Recognizes the 100th anniversary of the Christian Science Monitor newspaper.
Resolution· HRESH.Res. 1481 (110th)referred
United States · United States Congress · 23 September 2008
Recognizes the 100th anniversary of the Christian Science Monitor newspaper.
Bill· HRH.R. 6996 (110th)referred
United States · United States Congress · 23 September 2008
Designates the Department of Veterans Affairs Outpatient Clinic in Knoxville, Tennessee, as the "William C. Tallent Department of Veterans Affairs Outpatient Clinic."
Resolution· HRESH.Res. 1477 (110th)referred
United States · United States Congress · 22 September 2008
Recognizes that U.S. hardwoods are an abundant, sustainable, and legal resource. Urges that U.S. hardwoods and derivative products should be given full consideration in programs directed at constructing environmentally preferable commercial, public, or private buildings.
Resolution· HRESH.Res. 1437 (110th)passed
United States · United States Congress · 15 September 2008
Expresses support for the designation of American Pharmacists Month with the theme "Know Your Medicine/Know Your Pharmacist."
Bill· HRH.R. 6813 (110th)referred
United States · United States Congress · 1 August 2008
New IDEA (Illegal Deduction Elimination Act) - Amends the Internal Revenue Code to deny a tax deduction for wages and benefits paid to or on behalf of an unauthorized alien. Directs the Commissioner of Social Security and the Secretaries of Homeland Security and the Treasury to jointly establish a program to share information that may lead to the identification of unauthorized aliens. Requires the Secretary of the Treasury to provide taxpayer identity information to the Commissioner of Social Security and the Secretary of Homeland Security on employers who paid nondeductible wages to unauthorized aliens and on the aliens to whom such wages were paid. Amends the Illegal Immigration Reform and Immigrant Responsibility Act of 1996 to: (1) make permanent the pilot program for verifying the employment eligibility of alien workers (E-Verify Program); (2) apply such program to current employees in addition to new hires; and (3) establish a rebuttable presumption that employers who participate in the pilot program have not violated the prohibition against continued employment of unauthorized aliens.
Bill· HRH.R. 6789 (110th)referred
United States · United States Congress · 1 August 2008
Loophole Elimination and Verification Enforcement Act or the LEAVE Act - Revises immigration- and alien-related provisions regarding: (1) alien smuggling and related offenses; (2) identity security; (3) birthright citizenship; (4) housing and homeownership; (5) taxes and social security; (6) employee verification; (7) financial services; (8) border and law enforcement; (9) state and local government authority; and (10) in-state tuition.
Bill· HRH.R. 6691 (110th)referred
United States · United States Congress · 31 July 2008
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, 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. 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 is readily restored to shoot automatically, more than one shot without manual reloading by a single function of the trigger. Includes the frame or receiver of any such weapon, any part designed and intended solely and exclusively, or combination of parts designed and intended, for use in converting a weapon 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; (2) requirement that licensed firearms dealers keep records of ammunition received into inventory and ammunition sold or transferred; and (3) requirement that, under certain conditions, firearms in the possession of certain individuals must be kept unloaded, disassembled, or with the trigger locked. Maintains the current ban on the possession and control of a sawed-off shotgun, machine gun, or short-barreled rifle. 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 guage or caliber as such ammunition. Eliminates criminal penalties for possessing an unregistered firearm. Amends federal law to eliminate criminal penalties for carrying a pistol whether loaded or unloaded in one's dwelling house, place of business, or on land possessed by such person. Amends the federal criminal code to make it lawful for any licensed importer, licensed manufacturer, licensed dealer, or licensed collector to sell or deliver a handgun to a District resident if such individual is licensed in Maryland or Virginia to do so.
Bill· HRH.R. 6667 (110th)referred
United States · United States Congress · 30 July 2008
Amends the Internal Revenue Code to allow individual taxpayers, including those who do not itemize their tax deductions, a deduction from gross income for the cost of fuel used to commute to and from work in a highway motor vehicle.
Resolution· HRESH.Res. 1383 (110th)passed
United States · United States Congress · 29 July 2008
Commends the Republic of Bulgaria for developing increasingly friendly and meaningful relations with the United States over the past 100 years. Recognizes Bulgaria's continued contributions toward peace and prosperity in South Eastern Europe. Salutes Bulgaria's increasingly vital role as a valuable ally in the war against international terrorism.
Bill· HRH.R. 6630 (110th)referred
United States · United States Congress · 29 July 2008
Directs the Secretary of Transportation to terminate, by September 6, 2008, the one-year cross-border pilot project started on September 6, 2007, as part of the Federal Motor Carrier Safety Administration's implementation of the North American Free Trade Agreement (NAFTA) cross-border trucking provisions, to demonstrate the ability of Mexico-domiciled motor carriers to operate safely in the United States beyond the commercial zones along the U.S.-Mexico border. Prohibits the Secretary, unless expressly authorized by Congress, from granting authority to a motor carrier domiciled in Mexico to operate beyond U.S. municipalities and commercial zones on the United States-Mexico border after September 6, 2008. Requires certain reports to Congress, within 60 days after enactment of this Act, by: (1) the Inspector General of the Department of Transportation; (2) the independent review panel established to monitor the demonstration project; and (3) the Secretary of Transportation on the project's implementation and the participation of motor carriers.
Bill· HRH.R. 6648 (110th)referred
United States · United States Congress · 29 July 2008
Family Energy Relief Act of 2008 or the FERA Act of 2008 - Amends the Internal Revenue Code to allow an individual taxpayer a $500 tax credit ($1,000 in the case of a joint return). Allows an additional $250 tax credit for each dependent of the taxpayer.
Resolution· HRESH.Res. 1387 (110th)referred
United States · United States Congress · 29 July 2008
Congratulates the University of Mary Washington in Fredericksburg, Virginia, for 100 years of leadership and service to the Fredericksburg area, Virginia, and our nation.
Bill· HRH.R. 6579 (110th)referred
United States · United States Congress · 23 July 2008
New Resources for Domestic Consumption Act of 2008 - Directs the Secretary of the Interior to transfer to the state of Alaska all right, title, and interest of the United States in and to the 1002 Area of Alaska (Coastal Plain of the Arctic National Wildlife Refuge). Requires the Secretary, as a condition of any such transfer, to require Alaska to pay to the United States 50% of all amounts the state receives as a result of developing oil, natural gas, and other natural resources of the Area. Prohibits export from the United States of any oil produced in the 1002 Area after the date of transfer.
Bill· HRH.R. 6566 (110th)referred
United States · United States Congress · 22 July 2008
American Energy Act - Deep Ocean Energy Resources Act of 2008 - Amends the Submerged Lands Act (SLA) regarding delineation of offshore state boundaries with respect to the Outer Continental Shelf Lands Act (OCSLA), as well as related oil and gas mineral rights. Amends the Outer Continental Shelf Lands Act to: (1) allow the Secretary of the Interior (Secretary) to grant natural gas leases in the outer Continental Shelf (OCS); and (2) revise provisions concerning oil and gas leases and withdrawals of unleased land. Provides for federal agency coordination with adjacent states on the construction of pipelines for crude oil or petroleum products or natural gas produced from the OCS. Sets forth provisions concerning the application of the National Environmental Policy Act of 1969 to OCS programs. Declares existing federal prohibitions against spending appropriated funds for leasing and preleasing OCS oil and natural gas to be without force or effect. Prohibits a federal agency from permitting certain activities on the federal OCS or in state waters that are incompatible with: (1) oil or natural gas leasing; and (2) full exploration and production of tracts that are geologically prospective for oil or natural gas. Directs the Secretary to establish OCS Regional Headquarters in designated locations. Repeals: (1) the coastal impact assistance program; and (2) the Gulf of Mexico Energy Security Act of 2006. American Energy Independence and Price Reduction Act - Requires the Secretary to establish a competitive oil and gas leasing program that will result in an environmentally sound program for the exploration, development, and production of the Coastal Plain's oil and gas resources. Amends the Alaska National Interest Lands Conservation Act of 1980 to terminate the prohibition against leasing or other development leading to production of oil and gas from the Arctic National Wildlife Refuge. Provides for the authorization of Special Areas to be managed so as to protect and preserve the area's unique and diverse character including its fish, wildlife, and subsistence resource values in the Coastal Plain. Requires the Secretary to designate Sadlerochit Spring as a Special Area. Requires the Secretary to: (1) issue specified rights-of-ways and easements across the Coastal Plain for the transportation of oil and gas; and (2) convey specified estates to the Kaktovik Inupiat Corporation and the Arctic Slope Regional Corporation. Establishes the Coastal Plain Local Government Impact Aid Assistance Fund and the American Renewable and Alternative Energy Trust Fund. Amends the Consolidated Appropriations Act, 2008 to terminate the prohibition against using federal funds to prepare or publish final regulations regarding a commercial leasing program for oil shale resources on public lands or to conduct an oil shale lease sale pursuant to the Energy Policy Act of 2005. Amends the Internal Revenue Code to set forth provisions concerning credits for fuel efficiency, alternative fuel vehicles, energy efficiency, nuclear energy, and renewable energy. Requires the Secretary of Energy to provide awards for activities concerning the: (1) research, development, demonstration, and commercial application of innovative energy technologies and new energy sources; (2) manufacture of midsized sedan automobiles that operate on gasoline and can travel 100 miles per gallon; and (3) manufacture of advanced batteries. Refinery Permit Process Schedule Act - Authorizes the Administrator of the Environmental Protection Agency (EPA) to provide financial assistance to states or tribes to facilitate the hiring of personnel with expertise in federal refinery authorizations. Requires the President to: (1) appoint a federal coordinator to facilitate such authorizations; and (2) designate at least three closed military installations as potentially suitable for the construction of a refinery and at least one for producing biofuel. Amends the Energy Policy Act of 2005 to repeal certain requirements regarding refinery revitalization. Amends the Energy Independence and Security Act of 2007 to repeal restrictions on federal agencies procuring alternative or synthetic fuel for mobility-related uses. Requires the Secretary of the Treasury to auction to the public coal-to-liquid fuel put option contracts. Provides for standby loans for qualifying coal-to-liquid projects. Amends the Nuclear Waste Policy Act of 1982 to revise provisions concerning the recycling and disposal of spent nuclear fuel or high-level radioactive waste.
Resolution· HRESH.Res. 1358 (110th)referred
United States · United States Congress · 21 July 2008
Honors the life of the Reverend Billy Graham on the occasion of his 90th birthday. Recognizes his decades of public service and commitment to furthering the faith of Christians around the world.
Resolution· HRESH.Res. 1356 (110th)passed
United States · United States Congress · 17 July 2008
Celebrates the 221st anniversary of the signing of the U.S. Constitution. Honors the efforts of the 42 delegates who attended the majority of the Constitutional Convention meetings and the 39 signers. Acknowledges the significance of the ideals established by the Constitution, including the principle of a limited federal government with a system of checks and balances. Recognizes the Constitution as the source responsible for our nation's ability to withstand calamity and preserve stability.
Bill· HRH.R. 6453 (110th)referred
United States · United States Congress · 10 July 2008
Schoolchildren's Health Protection Act - Amends the General Education Provisions Act to prohibit the provision of federal education funding to state or local educational agencies that provide unemancipated minors with postcoital emergency contraception or prescriptions for such contraception on the premises of elementary or secondary schools.
Resolution· HRESH.Res. 1330 (110th)referred
United States · United States Congress · 10 July 2008
Commends the recent decision of the Supreme Court in District of Columbia v. Heller for upholding the right of the individual to keep and bear arms under the second amendment of the Constitution.
Resolution· HRESH.Res. 1325 (110th)passed
United States · United States Congress · 9 July 2008
Declares that the House of Representatives honors the life, achievements, and distinguished career of the Honorable Jesse Alexander Helms, Jr., a public servant and former Senator from North Carolina. Expresses condolences to his wife, "Dot," and their three children on his passing.
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