United States · United States Congress · 28 July 2005
Total Health Requires Improved Vaccination Efforts Act of 2005 or the THRIVE Act of 2005 - Amends the Public Health Service Act to expand the Center for Disease Control's adult immunization program by: (1) authorizing additional appropriations for activities to increase immunizations rates for adults; and (2) making grants to states for demonstrations projects to provide influenza immunizations to uninsured adults at high risk for influenza. Requires the Secretary of Health and Human Services to: (1) develop and disseminate guidelines to ensure that immunizations are routinely offered to adults by health care providers; and (2) provide for an educational campaign on the importance of adult immunizations. Requires the Secretary, acting through the Administrator of the Centers for Medicare & Medicaid Services, to: (1) establish standards for adult influenza immunizations under the Medicare and Medicaid programs; (2) determine the feasibility and advisability of including such immunizations as a performance measure under program quality initiatives; and (3) establish standards for immunizations for influenza of health care workers. Requires the Secretary, acting through the Agency for Healthcare Research and Quality (AHRQ), to study the best practices of health insurers and managed care organizations to encourage the use of adult immunizations for influenza by enrollees. Requires the Secretary to determine the feasibility and advisability of requiring compliance with recommendations for immunizations for all health care workers for provider accreditation. Prohibits a contract or plan under the federal employees health benefit program from being made or approved which does not offer and waive the deductible for pneumococcal and influenza immunization services to high risk adult enrollees.
United States · United States Congress · 28 July 2005
Environmental Restoration Act of 2005 - Amends the Internal Revenue Code to allow: (1) a transferable business tax credit for waste coal energy production; and (2) the issuance of tax-exempt facility bonds for waste coal processing facilities.
United States · United States Congress · 28 July 2005
Lifetime Prosperity Act of 2005 - Amends the Internal Revenue Code to: (1) make permanent the tax credit for retirement savings contributions; (2) revise the applicable percentage and dollar limitations for such credit; (3) provide for an inflation adjustment to adjusted gross income limitations applicable to such credit; and (4) allow a tax credit for contributions to Roth IRAs for children (under age 25).
United States · United States Congress · 28 July 2005
Designates the facility of the United States Postal Service located at 210 West 3rd Avenue in Warren, Pennsylvania, as the "William F. Clinger, Jr. Post Office Building."
United States · United States Congress · 28 July 2005
Safety Net Inpatient Drug Affordability Act - Amends the Public Health Service Act to expand the discount drug program to include any inpatient or outpatient drug purchased by qualified hospitals without a group purchasing arrangement. (Currently, such hospitals are only allowed to purchase discounted outpatient drugs.) Requires such hospitals to provide the state with a rebate on the estimated annual costs of single source, innovator multiple source, and noninnovator multiple source drugs provided to Medicaid recipients for inpatient use. Sets forth a method for calculating the amount of such rebate. Allows critical access hospitals that do not obtain covered outpatient drugs through a group purchasing organization or other group purchasing arrangement to participate in the discount drug program.
United States · United States Congress · 28 July 2005
Amends the Internal Revenue Code to permit taxpayers in chapter 11 bankruptcy proceedings initiated before July 28, 2005, who have asbestos-related liabilities exceeding $250 million, to elect not to reduce their net operating losses by amounts discharged in such proceedings.
United States · United States Congress · 28 July 2005
Expresses the sense of the House of Representatives that there should be established a National Weatherization Day to recognize the need for reducing home energy costs, particularly for low-income families, through the use of conservation technologies.
United States · United States Congress · 28 July 2005
Recognizes the 60th anniversary of the first official meeting between soldiers of the U.S. Army and soldiers of the Soviet Army at Torgau, Germany, on April 25, 1945.
United States · United States Congress · 28 July 2005
Expresses the sense of Congress that the Russian Federation should provide effective protection of intellectual property rights or it risks losing its eligibility to participate in the Generalized System of Preferences (GSP) program.
United States · United States Congress · 27 July 2005
Amends the Internal Revenue Code to allow tax free rollovers of military death gratuities to Roth individual retirement accounts, health savings and Archer medical savings accounts, and Coverdell education savings accounts.
United States · United States Congress · 27 July 2005
Amends the Occupational Safety and Health Act of 1970 to include federal, state, and local governments and interstate governmental agencies among the entities subject to the Act's requirements.
United States · United States Congress · 26 July 2005
Lyme and Tick-borne Disease Prevention, Education, and Research Act of 2005 - Requires the Secretary of Health and Human Services to establish the Tick-Borne Diseases Advisory Committee. Requires the Committee to advise the Secretary and the Assistant Secretary for Health regarding how officials can: (1) ensure interagency coordination and communication and minimize overlap regarding efforts to address tick-borne diseases; (2) identify opportunities to coordinate efforts with other federal agencies and private organizations addressing such diseases; (3) ensure interagency coordination and communication with constituency groups; (4) ensure that a broad spectrum of scientific viewpoints is represented in public heath policy decisions and that information disseminated to the public and physicians is balanced; and (5) advise relevant federal agencies on priorities related to Lyme and tick-borne diseases. Requires the Secretary, acting through the appropriate federal officials, to provide for the coordination of all federal programs and activities related to Lyme and other tick-borne diseases, including: (1) developing sensitive and accurate diagnostic tools and tests, (2) improving the efficient utilization of diagnostic testing currently available; (3) accurately determining the prevalence of such diseases; (4) evaluating the feasibility of creating a national uniform reporting system; (5) providing and promoting access to a clearinghouse of information on such diseases; (6) increasing public education related to such diseases; (7) creating a physician education program; (8) establishing epidemiological research objectives to determine the long term course of illness for Lyme disease; and (9) determining the effectiveness of different treatment modalities by establishing treatment outcome objectives
United States · United States Congress · 22 July 2005
Expresses the sense of the House of Representatives that the government of the People's Republic of China (PRC): (1) has endangered the lives of people in every region of the world, and should adhere to internationally recognized health standards by prohibiting the use of antiviral medication to protect their livestock; and (2) should no longer purposefully hide any pathogenic outbreaks or mutations that could be harmful to the global community, but should instead consult with experts from both within their government and outside their country to handle situations that could endanger millions of lives.
United States · United States Congress · 21 July 2005
Preserving Patient Access to Inpatient Rehabilitation Hospitals Act of 2005 - Prohibits the Secretary of Health and Human Services, during the period between July 1, 2005, and the date two years after the enactment of this Act, from: (1) requiring a compliance rate, pursuant to the criterion (commonly known as the "75 percent rule") used to determine whether a hospital or hospital unit is an inpatient rehabilitation facility, that is greater than the 50 percent compliance threshold that became effective on July 1, 2004; (2) changing the designation of any inpatient rehabilitation facility in compliance with the 50 percent threshold; or (3) conducting medical necessity review of inpatient rehabilitation facilities using any guidelines other than the national criteria established in the Medicare Benefits Policy Manual. Directs the Secretary to establish procedures for: (1) making any necessary retroactive adjustment to restore the status of a facility as an inpatient rehabilitation facility as a result of this Act; (2) making any necessary payments to inpatient rehabilitation facilities based on such adjustment for discharges occurring on or after July 1, 2005, and before enactment of this Act; and (3) developing and implementing an appeals process that provides for expedited review of any adjustment to the status of a facility as an inpatient rehabilitation facility made during such period Directs the Secretary to establish the National Advisory Council on Medical Rehabilitation to provide advice and recommendations to: (1) Congress and the Secretary concerning the coverage of rehabilitation services under title XVIII (Medicare) of the Social Security Act; and (2) appropriate federal agencies on how best to utilize available research funds and authorities focused on medical rehabilitation research.
United States · United States Congress · 21 July 2005
AMT Credit Fairness Act of 2005 - Amends the Internal Revenue Code to: (1) make unused alternative minimum tax credits more than four years old refundable at the greater of 20 percent annually or $5,000 per year; and (2) require corporations to provide stock option recipients with certain tax disclosures.
United States · United States Congress · 21 July 2005
Recognizes the historical significance of the 75th anniversary of the death of Glenn Hammond Curtiss. Supports the establishment of Glenn Hammond Curtiss Day to recognize his contributions to motorcycle design and racing, naval aviation, and the American aircraft industry.
United States · United States Congress · 20 July 2005
South Caucasus Integration and Open Railroads Act of 2005 - Prohibits U.S. assistance to develop or promote rail connections or railway-related connections that do not traverse or connect with Armenia, and do traverse or connect Baku, Azerbaijan; Tbilisi, Georgia; and Kars, Turkey.
United States · United States Congress · 20 July 2005
Amends the Internal Revenue Code to include wireless telecommunications equipment in the definition of qualified technological equipment for depreciation purposes. Defines "wireless telecommunications equipment" as equipment used in the transmission, reception, coordination, or switching of wireless telecommunications service, other than cell towers, buildings, T-1 lines or other cabling connecting cell sites to mobile switching centers.
United States · United States Congress · 19 July 2005
Stolen Valor Act of 2005 - Amends the federal criminal code to expand the prohibition against wearing, manufacturing, or selling military decorations or medals without legal authorization to prohibit purchasing, soliciting, mailing, shipping, importing, exporting, producing blank certificates of receipt for, advertising, or exchanging such decorations or medals without authorization. Prohibits falsely representing oneself as having been awarded any decoration or medal authorized by Congress for the Armed Forces or any of the service medals or badges. Increases penalties for violations if the offense involves a Distinguished Service Cross, an Air Force Cross, a Navy Cross, a silver star, or a Purple Heart.
United States · United States Congress · 18 July 2005
Short Sea Shipping Tax Exemption Act of 2005 - Amends the Internal Revenue Code to exempt from the harbor maintenance tax certain cargo shipped between U.S. mainland ports.
United States · United States Congress · 14 July 2005
Cherry Valley National Wildlife Refuge Act - Directs the Secretary of the Interior to to acquire necessary lands, waters, and other property interests to establish a national wildlife refuge in northeastern Pennsylvania to be known as the Cherry Valley National Wildlife Refuge.
United States · United States Congress · 14 July 2005
Amends the Internal Revenue Code to allow an investment tax credit for five percent of the cost of a qualified truck. Defines "qualified truck" as a motor vehicle: (1) first placed in service on or after January 1, 2007, and before January 1, 2008; (2) powered by diesel fuel; (3) having a gross vehicle weight of more than 26,000 pounds; and (4) which complies with certain Environmental Protection Agency (EPA) regulations for diesel emissions. Allows such credit to reduce regular or alternative minimum tax liability. Permits a taxpayer election to expense the cost of qualified trucks placed in service in 2007.
United States · United States Congress · 14 July 2005
Abolishment of Obsolete Agencies and Federal Sunset Act of 2005 - Establishes the Federal Agency Sunset Commission to: (1) submit to Congress a schedule for review by the Commission, at least once every 12 years, of the abolishment or reorganization of each agency; (2) review and evaluate the efficiency and public need for each agency using specified criteria; (3) recommend whether each agency should be abolished or reorganized; and (4) report to Congress on all legislation introduced that would establish a new agency or a new program to be carried out by an existing agency. Requires the abolishment of any agency within one year of the Commission's review, unless the agency is reauthorized by Congress. Authorizes the deadline for abolishing an agency to be extended for an additional two years by legislation enacted by a super majority of the House of Representatives and the Senate. Directs the Comptroller General and the Director of the Congressional Budget Office, in cooperation with the Director of the Congressional Research Service, to prepare an inventory of Federal programs within each agency for the purpose of advising and assisting Congress and the Commission in carrying out the requirements of this Act.
United States · United States Congress · 14 July 2005
United States Trade Rights Enforcement Act - Expresses the sense of Congress about making the countervailing duty law under the Tariff Act of 1930 applicable to actions by nonmarket economy countries, and the impact on the U.S. economy of the huge growth in trade with the People's Republic of China (PRC). Amends the Tariff Act of 1930 to impose countervailing duties on certain merchandise from nonmarket economy countries. Suspends for three years the requirement that the administering authority direct the Customs Service to allow, at the option of the importer of such merchandise, the posting, until completion of the review, of a bond or security in lieu of a cash deposit for each entry of the subject merchandise (bonding privileges). Requires the U.S. Trade Representative (USTR) and the Secretary of Commerce to ensure that specified steps are taken by the PRC to ensure its compliance with its international trade obligations regarding: (1) intellectual property rights; (2) access for exports of U.S. goods, services, and agriculture; and (3) a required detailed accounting of its subsidies to the World Trade Organization (WTO) by the end of 2005. Requires the Secretary of the Treasury to report to specified congressional committees on: (1) the definition of currency manipulation; (2) actions of foreign countries that will be considered to be such; and (3) how statutory provisions addressing it by U.S. trading partners contained in, and relating to, the Bretton Woods Agreements Act and the Exchange Rates and International Economic Policy Coordination Act of 1988 can be better clarified administratively to provide for improved and more predictable evaluation. Authorizes appropriations for the Office of the USTR and for the U.S. International Trade Commission. Requires the Commission to study and report on trade and economic relations between the United States and the PRC. Expresses the sense of Congress that the: (1) United States should strive to expand membership in the Agreement on Government Procurement of the WTO; (2) United States should ensure that the PRC meets its WTO obligations; (3) the United States should seek a commitment from the PRC to maintain its suspension of the implementation of its law on government procurement, pending the conclusion of negotiations to accede to the Agreement; (4) the United States should seek commitments from the PRC and other countries that are not yet members of the Agreement to implement the principles of openness, transparency, fair competition based on merit, nondiscrimination, and accountability in their government procurement as embodied in that Agreement; and (5) the President should direct all appropriate U.S. officials to raise these concerns with appropriate PRC officials and other trading partners.
United States · United States Congress · 12 July 2005
Designates the facility of the United States Postal Service located at 3038 West Liberty Avenue in Pittsburgh, Pennsylvania, as the "Congressman James Grove Fulton Memorial Post Office Building."
United States · United States Congress · 30 June 2005
Respect for Life Pluripotent Stem Cell Act of 2005 - Amends the Public Health Service Act to require the Director of the National Institutes of Health (NIH) to provide for the conduct and support of basic and applied research in isolating, deriving, and using pluripotent stems cells without creating or harming human embryos. Provides that such research may include: (1) research in animals to develop and test techniques for deriving cells from embryos without doing harm to embryos; (2) research to develop and test techniques for producing human pluripotent stems cells without creating or making use of embryos; and (3) research to isolate, develop, and test pluripotent stem cells from postnatal tissues, umbilical cord blood, and placenta. Prohibits research under this Act that: (1) involves the use of human embryos; (2) involves the use of stem cells not otherwise eligible for NIH funds; (3) involves the use of any stem cell to create or to attempt to create a human embryo; or (4) poses a significant risk of creating a human embryo by any means.
United States · United States Congress · 30 June 2005
Private Property Rights Protection Act of 2005 - Prohibits a state or political subdivision from using economic development as a reason for exercising its power of eminent domain if federal funds would contribute in any way to: (1) the project for which eminent domain is exercised; or (2) the exercise and enforcement of eminent domain over the project. Renders a state or political subdivision that violations this prohibition ineligible for any such federal funds and directs the federal agency involved to withhold those funds. Prohibits the federal government from using economic development as a reason for exercising eminent domain. Defines "economic development" to mean any activity other than making private property available in substantial part for use by the general public or by an entity that makes the property available for use by the general public, or as a public facility, or to remove harmful effects.
United States · United States Congress · 30 June 2005
Meat and Poultry Pathogen Reduction and Enforcement Act - Amends the Federal Meat Inspection Act and the Poultry Products Inspection Act, respectively, to direct the Secretary of Agriculture to prescribe: (1) surveys to determine foodborne pathogen contamination levels for raw meat and raw poultry, and meat and poultry products processed in establishments inspected under such Acts; (2) public health goals; and (3) initial and final pathogen reduction performance standards to reduce pathogen contamination and achieve public health goals. Directs the Secretary to: (1) identify, and publish a list of, such pathogens; (2) initiate pathogen surveys to determine existing levels of meat and poultry contamination; (3) establish public health goals and objectives to achieve foodborne illness reduction; and (4) report on the scientific feasibility of establishing health-based performance standards for pathogens. Directs the Secretary to establish a National Advisory Committee for Microbiology Criteria for Foods. Directs the Secretary to enforce Hazard Analysis and Critical Control Point (HACCP) System requirements and other sanitation requirements in any official establishment. Authorizes the Secretary to prohibit non-complying establishments from labeling any meat or meat product, or poultry or poultry product, as "inspected and passed."
United States · United States Congress · 30 June 2005
Amends the Internal Revenue Code to treat attorney fees and court costs incurred in connection with a civil lawsuit as deductible expenses for purposes of computing regular and alternative minium tax liability.
United States · United States Congress · 30 June 2005
Amends the Internal Revenue Code to increase the tax deduction for meal and entertainment expenses to 80 percent (currently 50 percent) of such expenses.
United States · United States Congress · 30 June 2005
Community Restoration and Revitalization Act of 2005 - Amends the Internal Revenue Code to: (1) allow an increased rehabilitation tax credit for certain low-income buildings; (2) allow a basis reduction adjustment for property eligible for the credit; (3) increase the credit for certain smaller buildings; (4) allow property eligible for the credit to be used for lodging purposes; (5) modify placed-in-service rules for credit property; (6) modify qualification rules for credit property that is tax-exempt use property; (7) increase the credit for buildings in high cost areas; and (8) exempt certain condominium transactions from rehabilitation tax credit recapture requirements.
United States · United States Congress · 30 June 2005
Constitutional Amendment - Declares that people retain the right to pray and to recognize their religious beliefs, heritage, and traditions on public property, including schools. Prohibits the United States or the states from establishing any official religion or requiring any person to join in prayer or religious activity.
United States · United States Congress · 28 June 2005
Mortgage Insurance Fairness Act of 2005 - Amends the Internal Revenue Code to allow a tax deduction for mortgage insurance premiums. Reduces the amount of such deduction for taxpayers with adjusted gross incomes exeeding $100,000. Authorizes the Secretary of the Treasury to require informational returns from any individual who receives payment of more than $600 in mortgage insurance premiums.
United States · United States Congress · 21 June 2005
Currency Harmonization Initiative through Neutralizing Action Act of 2005 - Directs the Secretary of the Treasury to analyze annually the exchange rate policies of the People's Republic of China, and to impose additional tariffs, if necessary, to equalize any currency manipulations.
United States · United States Congress · 21 June 2005
Pulmonary Hypertension Research Act of 2005 - Amends the Public Health Service Act to require the Director of the National Heart, Lung, and Blood Institute to expand, intensify, and coordinate the activities of the Institute with respect to research on pulmonary hypertension and to coordinate the Director's activities with related activities of other national research institutes and National Institutes of Health (NIH) agencies. Requires the Director to make grants to, or enter into contracts with, public or nonprofit private entities for the development and operation of centers to conduct research and programs on pulmonary hypertension, including: (1) basic and clinical research into the cause, diagnosis, early detection, prevention, control, and treatment of the disease; (2) training programs for scientists and health professionals; (3) programs to provide information and continuing education to health professionals; and (4) programs for the dissemination of information to the public. Requires the Director to establish: (1) a data system for the collection, storage, analysis, retrieval, and dissemination of data derived from patient populations with pulmonary hypertension; and (2) an information clearinghouse to facilitate and enhance knowledge and understanding of pulmonary hypertension by health professionals, patients, industry, and the public.
United States · United States Congress · 21 June 2005
Amends the Internal Revenue Code to: (1) allow affiliated life and non-life insurance companies to file consolidated tax returns; (2) phase in, between 2005 and 2011, the full application of losses of affiliated non-life insurance companies against the taxable income of an affiliated life insurance company; and (3) automatically waive the five-year waiting period applicable to affiliated non-life insurance companies for offset of their losses against life insurance company income.
United States · United States Congress · 20 June 2005
Credit Rating Agency Duopoly Relief Act of 2005 - Amends the Securities Exchange Act of 1934 to define a statistical rating organization (SRO) to include an entity: (1) whose primary business, for at least the most recent three consecutive years, has been the issuance of publicly available ratings; and (2) that employs either a quantitative or qualitative model to determine its publicly available ratings. Prescribes procedural requirements for mandatory SRO registration. Declares it is unlawful for an SRO to: (1) make use of the mails or any means or instrumentality of interstate commerce in connection with its business as an SRO unless it is in compliance with the registration requirements formulated under this Act; and (2) represent or imply that it has been sponsored, recommended, or approved, or that its abilities or qualifications have in any respect been passed upon, by any federal agency or officer. Requires each SRO to establish and enforce written policies and procedures to: (1) prevent the misuse in violation of this Act of material, nonpublic information by the SRO or any associated person; and (2) address and manage potential conflicts of interest. Directs the Securities and Exchange Commission (SEC) to: (1) adopt rules proscribing specific anti-competitive practices common to the SRO industry; and (2) cease to designate entities as nationally recognized SROs. Declares void and of no force or effect the no-action relief that the SEC has granted with respect to the designation of nationally recognized SROs. Requires every SRO to maintain such records as the SEC requires.
United States · United States Congress · 20 June 2005
Teacher Tax Relief Act of 2005 - Amends the Internal Revenue Code to: (1) increase the allowable tax deduction for the expenses of elementary and secondary school teachers to $400; (2) allow the deduction of professional development expenses; and (3) make such deduction permanent.
United States · United States Congress · 17 June 2005
Sole Community Hospital Preservation Act of 2005 - Amends title XVIII (Medicare) of the Social Security Act with respect to the prospective payment system (PPS) for hospital outpatient department (OPD) services, particularly the transitional adjustment for sole community hospitals to limit any decline in payment. Holds sole community hospitals permanently harmless from any decline in payment. Increases the payment for covered OPD services in a sole community hospital by the amount of any difference between the pre-Balanced Budget Act of 1997 (pre-BBA) amount and a lesser PPS amount. Directs the Secretary of Health and Human Services to substitute a specified minimum base payment-to-cost ratio for determining the pre-BBA amount for sole community hospitals. Specifies the rebasing of the payment -to-cost ratio for sole community hospitals for cost reporting periods beginning on or after October 1, 2005.
United States · United States Congress · 17 June 2005
Federal Prison Industries Competition in Contracting Act of 2005 - Amends the federal criminal code to replace provisions regarding the purchase of prison-made products by federal departments with provisions establishing a government-wide procurement policy relating to purchases from Federal Prison Industries (FPI), which shall generally require the use of competitive procedures. Authorizes a contract award to be made to FPI using other than competitive procedures: (1) if a product or service is only available from FPI; and (2) by the Federal Bureau of Prisons (the Bureau). Requires that an analysis of the probable impact of a proposed expansion of sales within the federal market by FPI on private sector firms and their non-inmate workers be made whenever FPI proposes to authorize the sale of a new specific product or service or to expand production of a current product or service. Prohibits the total dollar value of FPI sales to the government in FY 2007 through 2011 from exceeding specified percentages of FPI sales for the base period. Amends the Federal Property and Administrative Services Act of 1949 to require an executive agency: (1) before purchasing a product listed in the latest edition of the FPI catalog, to determine whether the FPI product is comparable to products available from the private sector; and (2) if such product is not comparable, to use competitive procedures or make an individual purchase under a multiple award. Authorizes FPI to enter into a contract with a federal contractor to produce products as a subcontractor or supplier in the performance of a federal procurement contract. Includes services within the scope of a prohibition against transporting (in interstate commerce or from a foreign country) goods produced by prisoners. Establishes within the Bureau of Prisons: (1) the Enhanced In-Prison Educational and Vocational Assessment and Training Program; and (2) the Cognitive Abilities Assessment Demonstration Program. Directs: (1) the Chief Operating Officer of FPI to develop proposals to have FPI donate products and services to eligible entities that provide goods or services to low-income individuals who would likely otherwise have difficulty purchasing such products or services; (2) the Director of the Bureau to afford to inmates opportunities to participate in programs and activities designed to help prepare such inmates to obtain employment upon release; and (3) the Comptroller General to undertake to have an independent study conducted on the effects of eliminating FPI's mandatory source authority.
United States · United States Congress · 16 June 2005
Bond Financing Renewal Act of 2005 - Amends the Internal Revenue Code to: (1) accelerate to FY2007 (from FY2010) the $10 million issuance increase for qualified small-issue bonds; and (2) allow a tax deduction for interest expense on qualified small-issue bonds with an aggregate authorized face amount of less than $2 million.
United States · United States Congress · 16 June 2005
Save Biotechnology Innovative Research Act of 2005 or SABIR Act - Amends provisions of the Small Business Act relating to the Small Business Innovation Research (SBIR) Program (a program under which a portion of a Federal agency's research or research and development funds are reserved for award to small businesses) to require a small business, in order to be SBIR-eligible, to have no more than 500 employees and be one of the following; (1) at least 51 percent owned and controlled by individuals or eligible venture capital companies who are U.S. citizens or permanent resident aliens; (2) not more than 49 percent owned and controlled by a single eligible venture capital company; (3) at least 51 percent owned and controlled by another business that is itself at least 51 percent owned and controlled by U.S. Citizens or permanent resident aliens; or (4) a joint venture in which each entity meets one of these ownership requirements.
United States · United States Congress · 16 June 2005
Amends the Internal Revenue Code to exempt from income taxation certain settlement funds established under the Comprehensive Environmental Response, Compensation, and Liability Act of 1980.
![Official portrait of Rep. English, Phil [R-PA-3]](https://www.congress.gov/img/member/e000187_200.jpg)