United States · United States Congress · 7 January 2003
Investment Tax Incentive Act of 2003 - Amends the Internal Revenue Code to provide for reduced capital gain rates for qualified economic stimulus gain. Defines "qualified economic stimulus gain" as the aggregate long-term capital gain (with specified exceptions) from property the holding period for which begins during the 2-year period beginning on the date of the enactment. Provides for the indexing of assets (certain stocks and tangible property) for purposes of determining gain or loss.
United States · United States Congress · 7 January 2003
Restoring Investor Confidence Act of 2003 - Amends the Internal Revenue Code to revise rules concerning capital gain for taxpayers other than corporations to establish a new general rule which provides that if for any taxable year a taxpayer other than a corporation has a capital gain, 55 percent of such gain shall be a deduction from gross income. Excludes from individual gross income 55 percent of dividends received from a domestic corporation.
United States · United States Congress · 7 January 2003
Push Poll Disclosure Act of 2003 - Amends the Federal Election Campaign Act of 1971 to require any person who conducts a Federal election poll by telephone or electronic device to: (1) disclose to each respondent the identity of the person paying the poll expenses; and (2) report to the Federal Election Commission the poll's total cost and all its funding sources (if not otherwise to be made public), the total number of households contacted, and a copy of the poll questions.
United States · United States Congress · 7 January 2003
Death Tax Permanency Act of 2003 - Amends title IX (Compliance with Congressional Budget Act) of the Economic Growth and Tax Relief Reconciliation Act of 2001 (P.L. 107-16) to repeal the sunset provisions applicable to title V (Estate, Gift, and Generation-Skipping Transfer Taxes) of such Act. (Makes estate tax repeal permanent.) States that such amendments shall take effect as if included in section 901 of such Act.
United States · United States Congress · 7 January 2003
Investor Protection, Market Stabilization, and Tax Fairness Restoration Act of 2002 (sic) - Amends the Internal Revenue Code to allow a tax credit for a taxpayer other than a corporation in an amount equal to the shareholder credits determined with respect to dividends received from domestic corporations. Sets a maximum amount for the credit. Prohibits the allotting of credit in certain instances to nonresident aliens. Provides criteria for calculating a shareholder credit for a dividend. Classifies any shareholder credit determined under this Act as a tax paid by the relevant corporation. Includes a taxpayer's shareholder credits in gross income. Permits a corporation to deduct 100 percent of the amount received as dividends from a domestic corporation (presently the Code allows a deduction of 70 percent or 100 percent, depending on the type of dividend). Increases, from 70 to 100 percent, the amount a corporation is allowed to deduct with respect to dividends on certain preferred stock.
United States · United States Congress · 7 January 2003
Rescind the Congressional Pay Raise Act - Amends the Legislative Reorganization Act of 1946 to eliminate automatic pay adjustments for Members of Congress. Requires the annual rate of pay for Members of Congress to be the rate payable as of December 31, 2002, until such rate is adjusted under the Federal Salary Act of 1967 or other law.
United States · United States Congress · 7 January 2003
Disapproves the rule submitted by the Centers for Medicare & Medicaid Services, Department of Health and Human Services, relating to revisions to payment policies under the Medicare physician fee schedule for calendar year 2003, and the inclusion of registered nurses in the personnel provision of the critical access hospital emergency services requirement for frontier areas and remote locations.
United States · United States Congress · 7 January 2003
Clean Water Infrastructure Financing Act of 2003 - Amends the Federal Water Pollution Control Act to remove certain requirements for States with respect to construction of treatment works under capitalization grant agreements. Requires architectural and engineering contracts to be awarded consistent with procedures under the Federal Property and Administrative Services Act of 1949 or an equivalent State qualifications-based requirement. Directs the Administrator of the Environmental Protection Agency to assist States in establishing simplified procedures for small water systems to obtain assistance under the Act. Requires revolving funds to be used only for providing assistance for activities which have as a principal benefit the improvement or protection of water quality of navigable waters. Makes revisions concerning uses of funds for: (1) innovative technologies; (2) administrative expenses; (3) small system technical, planning, and management assistance; and (4) financially distressed communities. Revises requirements related to consistency with plans and eligibility of treatment works not considered publicly owned. Requires States to make grants to financially distressed communities in any fiscal year in which the Administrator has more than $1.4 billion available for obligation and allows a State to give priority to such communities in making loans. Directs the Administrator to provide technical and financial assistance to owners and operators of publicly-owned treatment works for: (1) inventorying critical treatment works assets; (2) evaluating the performance and condition of these assets; and (3) developing a plan for maintaining and replacing treatment works. Reauthorizes appropriations for FY 2004 through 2008 for the revolving fund program.
United States · United States Congress · 9 October 2002
Amends the Temporary Extended Unemployment Compensation Act of 2002 (which is title II of the Job Creation and Worker Assistance Act of 2002, PL107-147) to extend temporary extended unemployment compensation (TEUC) payments through weeks of unemployment ending before April 1, 2003, but only for certain qualified individuals in States that meet high unemployment criteria.
United States · United States Congress · 26 September 2002
Suspends for a period of six months beginning on October 20, 2002, the determination of the Librarian of Congress of July 8, 2002, relating to rates and terms for the digital performance of sound recordings and ephemeral recordings.
United States · United States Congress · 26 September 2002
Grants the consent of the Congress to the SMART Research and Development Compact (to promote the contribution of the Mid-Atlantic region to the Nation's research and development in science and technology and to create an organization for strengthening the Mid-Atlantic region for tomorrow) if it is entered into by the States of Delaware, Maryland, New Jersey, and Pennsylvania.
United States · United States Congress · 25 September 2002
Christopher Reeve Paralysis Act - Permits the Director of the National Institutes of Health (the "Director" of NIH), acting through the Director of the National Institute of Neurological Disorders and Stroke, to expand and coordinate the activities of NIH with respect to research on paralysis. Allows the Director to award grants to public or nonprofit entities to fund Christopher Reeve Paralysis Research Consortia for paralysis research. Permits the Director to solicit public input regarding paralysis research programs. Allows the Director, acting through the Director of the National Institute on Child Health and Human Development and the National Center for Rehabilitation Research and in collaboration with other agencies, to expand and coordinate the activities of NIH with respect to research with implications for enhancing daily function for persons with paralysis. Permits the Director to make grants to multicenter networks of clinical sites that will collaborate on rehabilitation intervention protocols. Permits the Secretary of Health and Human Services, acting through the Director of the Centers for Disease Control and Prevention, to study the unique health challenges associated with paralysis and other physical disabilities to improve the quality of life and long-term health status of individuals with such conditions. Allows the Secretary to undertake direct research and to make grants. Provides for the formation of a national paralysis and physical disability quality of life plan, a hospital-based paralysis registry, and a Comprehensive Paralysis and Other Physical Disability Quality of Life Program. Allows the Secretary to convene a working group for coordinating paralysis research, public health, and rehabilitation training at the Federal level.
United States · United States Congress · 25 September 2002
Restoring Investor Confidence Act of 2002 - Amends the Internal Revenue Code to revise rules concerning capital gain for taxpayers other than corporations to establish a new general rule which provides that if for any taxable year a taxpayer other than a corporation has a capital gain, 55 percent of such gain shall be a deduction from gross income. Excludes from individual gross income 55 percent of dividends received from a domestic corporation.
United States · United States Congress · 24 September 2002
Amends the Immigration and Nationality Act to provide for the loss of nationality by a native-born or naturalized citizen who voluntarily: (1) joins or acts at the behest of a foreign terrorist organization in terrorist activities against the United States; or (2) engages in terrorist activity.
United States · United States Congress · 24 September 2002
Expresses appreciation for Prime Minister Tony Blair's leadership in the war on terrorism and sympathy to British victims of terrorism and their families. Commends British intelligence and defense agencies for their continued efforts in the war on terrorism. Reaffirms the special relationship between the people of the United States and Great Britain.
United States · United States Congress · 24 September 2002
Commends: (1) Greece for its outstanding contributions to the global war against terrorism, including military support for Operation Enduring Freedom, humanitarian assistance for Afghanistan, and participation in the International Security Assistance Force in Afghanistan; and (2) U.S.-Greek law enforcement cooperation. Recognizes Greece's success in apprehending key members of the November 17 terrorist organization and urges continued efforts to completely dismantle the organization.
United States · United States Congress · 19 September 2002
Check Clearing for the 21st Century Act - Sets forth a statutory framework under which a substitute check is the legal equivalent of an original check for all purposes, if the substitute check: (1) accurately represents all of the information on the front and back of the original check as of the time the original check was truncated; and (2) bears the legend: "This is a legal copy of your check. You can use it the same way you would use the original check." Prescribes implementation guidelines, including: (1) indemnity procedures; (2) substitute check warranties; (3) expedited recredit claims for consumers and for banks; (4) procedures for claims; (5) measure of damages; (6) statute of limitations; and (7) consumer education materials.
United States · United States Congress · 19 September 2002
Dividend Incentive and Tax Simplification Act of 2002 - Amends the Internal Revenue Code to: (1) allow, for a corporation, a deduction for dividends paid; and (2) tax dividends received by individuals as capital gain.
United States · United States Congress · 19 September 2002
Declares the sense of the House of Representatives that Congress should complete action in the 107th Congress on the Pension Security Act of 2002 and present it to the President for his signature before adjournment.
United States · United States Congress · 19 September 2002
Declares the sense of the House of Representatives that Congress should complete action in the 107th Congress on the Community Solutions Act of 2001 and present it to the President for his signature before adjournment.
United States · United States Congress · 18 September 2002
Aquatic Invasive Species Research Act - Requires the Smithsonian Environmental Research Center, the U.S. Geological Survey, and the National Oceanic and Atmospheric Administration to develop and conduct a marine and fresh-water research program to support efforts to detect, prevent, and eradicate invasive species in the Aquatic Ecosystem. Requires the program to: (1) develop standardized protocols for conducting ecological and pathway surveys of nonnative aquatic species; (2) create baseline ecological information of the aquatic ecosystem and pathways; (3) designate the number and location of survey sites required; (4) conduct laboratory and field-based marine and fresh-water research experiments on a range of taxonomic groups to identify the relationship between the introduction and establishment of nonnative aquatic species; and (5) analyze the data collected. Directs the Aquatic Nuisance Species Task Force to convene a workshop with appropriate researchers. Amends the Nonindigenous Aquatic Nuisance Prevention and Control Act of 1990 to: (1) require that ecological and ballast water discharge surveys examine other potential modes of introducing nonnative aquatic species by ship into the Aquatic Ecosystem, including hull fouling; (2) rename the National Ballast Information Clearinghouse as the National Pathway and Ecological Surveys Database; (3) expand the purview of the database to include ballast water management, delivery practices of ships entering United States ports and their compliance with existing regulations; and (3) make the database widely available to the public. Requires the Environmental Protection Agency (EPA) establish marine and fresh-water research, development, and demonstration programs with respect to environmental soundness screening and dispersal barrier research. Reauthorizes the ship pathway technology demonstration program. Requires the Coast Guard and the EPA to develop a research program to support implementation of standards to prevent the introduction and spread of invasive species by ships into the Aquatic Ecosystem. Requires the National Science Foundation to establish a grant program for institutions of higher education to carry our research programs in systematics and taxonomy.
United States · United States Congress · 18 September 2002
National Aquatic Invasive Species Act of 2002 - Amends the Nonindigenous Aquatic Nuisance Prevention and Control Act of 1990 to require the Invasive Species Council (Council) to coordinate with the Aquatic Invasive Species Task Force (Task Force) to combat aquatic invasive species. Requires the Task Force to recommend to appropriate Federal agencies additions to the list of aquatic invasive species. Requires the Task Force, the Council, and the Secretary of State to coordinate activities to ensure that international efforts to prevent and manage aquatic invasive species are coordinated with U.S. policies. Establishes minimum invasive species prevention requirements for all vessels entering U.S. ports. Requires the Secretary of the department in which the Coast Guard is operating to promulgate regulations for ballast water management standards and certification procedures. Directs the Task Force to publish a priority pathway management program. Prohibits the importation of live aquatic organisms not in trade without specified screening and approval. Requires the Assistant Secretary of the Army for Civil Works, with the concurrence of the Administrator of the Environmental Protection Agency, to construct and maintain a national dispersal barrier program to contain and control aquatic nuisances. Declares that a State with a rapid response contingency strategy shall be eligible to receive emergency funding to implement rapid response measures for aquatic invasive species under specified circumstances. Requires the Task Force, with concurrence of the Council, to encourage the development of regional rapid response contingency strategies and develop a State model for such. Requires the Council, in coordination with the Task Force and the heads of the appropriate Federal agencies, to establish a Federal rapid response team for the ten regions of the Standard Federal Regional Boundary System. Requires the Task Force to establish a national subcommittee on nutria. Provides for expansion of the Brown Tree Snake Control Program and Aquatic Nuisance Species Program information, education and outreach activities.
United States · United States Congress · 17 September 2002
Declares the sense of the House of Representatives that Congress should complete action on the Permanent Death Tax Repeal Act of 2002, and present it to the President before adjournment.
United States · United States Congress · 17 September 2002
Declares the sense of the House of Representatives that the 107th Congress should complete action on and present to the President, before September 30, 2002, legislation extending and strengthening the 1996 welfare reforms.
United States · United States Congress · 13 September 2002
Emergency Agricultural Disaster Assistance Act of 2002 - Directs the Secretary of Agriculture to provide: (1) emergency financial assistance to agricultural producers who have incurred qualifying 2001 or 2002 crop losses due to weather or related conditions; and (2) payments to livestock producers who have incurred 2001 and 2002 losses in an emergency-designated county, with set-asides for the American Indian livestock program.
United States · United States Congress · 12 September 2002
Investment Protection Act of 2002 - Amends the Internal Revenue Code to increase from $3,000 to $20,000 the limitation on capital losses allowed against ordinary income.
United States · United States Congress · 11 September 2002
Designates the Department of Veterans Affairs outpatient clinic in Horsham, Pennsylvania, as the Victor J. Saracini Department of Veterans Affairs Outpatient Clinic.
United States · United States Congress · 4 September 2002
Drivers' License Integrity Act - States that: (1) a valid nonimmigrant visa is required for an alien to obtain a driver's license or State identification card in the United States; and (2) such license or card shall be valid only during the validity period of the alien's nonimmigrant visa. Directs the Attorney General to: (1) enter into discussions with appropriate State and local officials to ensure compliance; and (2) provide grants to assist States in issuing licenses and cards consistent with such requirements.
United States · United States Congress · 4 September 2002
Investor Protection, Market Stabilization, and Tax Fairness Restoration Act of 2002 - Amends the Internal Revenue Code to allow a tax credit for a taxpayer other than a corporation in an amount equal to the shareholder credits determined with respect to dividends received from domestic corporations. Sets a maximum amount for the credit. Prohibits the allotting of credit in certain instances to nonresident aliens. Provides criteria for calculating a shareholder credit for a dividend. Classifies any shareholder credit determined under this Act as a tax paid by the relevant corporation. Includes a taxpayer's shareholder credits in gross income. Permits a corporation to deduct 100 percent of the amount received as dividends from a domestic corporation (presently the Code allows a deduction of 70 percent or 100 percent, depending on the type of dividend). Increases, from 70 to 100 percent, the amount a corporation is allowed to deduct with respect to dividends on certain preferred stock.
United States · United States Congress · 4 September 2002
Urges recognition of certain named trapped coal miners for their stamina and courage and the rescue crews for their outstanding effort and cooperation resulting in their safe rescue on July 27, 2002, in Pennsylvania.
United States · United States Congress · 26 July 2002
Veterans Health Care Funding Guarantee Act of 2002 - Requires the Secretary of the Treasury to: (1) make available to the Secretary of Veterans Affairs for programs, functions, and activities of the Veterans Health Administration for FY 2004 120 percent of the amount obligated during FY 2002; and (2) adjust the amount provided after FY 2004 based on the number of enrolled veterans and the number of others eligible for and provided care and the percentage increase in the Consumer Price Index. Repeals, as of October 1, 2003, requirements for the prior congressional approval of funding for Department major medical facilities projects or leases.
United States · United States Congress · 26 July 2002
Emergency Farmer and Rancher Assistance Act of 2002 - Directs the Secretary of Agriculture to provide: (1) emergency financial assistance to agricultural producers who have incurred qualifying 2001 or 2002 crop losses due to weather or related conditions; and (2) payments to livestock producers who have incurred 2001 or 2002 losses in an emergency-designated county, with permitted set-asides for the American Indian livestock program.
United States · United States Congress · 26 July 2002
Authorizes the Ukrainian Congress Committee of America to establish a memorial on Federal land in the District of Columbia to honor the victims of the Ukrainian famine-genocide of 1932-1933. Prohibits the U.S. Government from paying any expense for the establishment of the memorial or its maintenance.
United States · United States Congress · 26 July 2002
Amends Federal law to specify that the retirement fund of the Young Men's Christian Association (the YMCA) shall be treated as a Church Plan under the Internal Revenue Code. Classifies the YMCA's retirement plans (including the reserve accounts for such plans) under the Code as retirement income accounts provided by churches for years on or after January 1, 2002.
United States · United States Congress · 26 July 2002
Introduced High Productivity Investment Act of 2001 - Amends the Internal Revenue Code to allow the expensing of the cost of high productivity property (defined as certain computer and computer related property, electronic equipment, semiconductor manufacturing equipment, optical fiber equipment, advanced environmental or life science products, and etc.). Directs that an election to treat property in such a fashion shall be made on an asset by asset basis, and that the cost of such property shall not include so much of the basis as is determined by reference to the basis of other property held at any time by the taxpayer. Provides for a recapture if the property is not used predominately in a trade or business at any time. Excludes certain property from qualifying for high productivity expensing. Makes permanent the 30 percent expensing for certain property acquired after September 10, 2001. Prescribes that the depreciation rules shall not be modified for purposes of the alternative minimum tax.
United States · United States Congress · 23 July 2002
Back to School Tax Relief Act of 2002 - Amends the Internal Revenue Code to permit a taxpayer whose adjusted gross income is $20,000 or less ($40,000 in the case of a joint return) to deduct up to $3,000 in qualified elementary and secondary education expenses. Defines qualified elementary and secondary education expenses and adjusted gross income.
United States · United States Congress · 18 July 2002
Amends Federal transportation law with respect to urbanized area formula grants for capital projects and the planning and improvement costs of equipment, facilities, and associated capital maintenance items for use in mass transportation. Makes a special rule for FY 2003 authorizing the Secretary of Transportation to make such grants from FY 2003 funds to finance the operating cost of equipment and facilities for use in mass transportation in an urbanized area with a population of at least 200,000 as determined under the 2000 Federal decennial census of population, if: (1) the urbanized area had a population under 200,000 in the 1990 census; (2) a portion of the area was a separate urbanized area with a population under 200,000 in the 1990 census; or (3) the area was not designated as a urbanized area in the 1990 census. Limits such amounts: (1) for the first two described areas to the amount apportioned in FY 2002 to such areas; and (2) for urbanized areas that, for the first time, exceeded 200,000 in population according to the 2000 census, to the amount apportioned for FY 2003.
United States · United States Congress · 18 July 2002
Tax Simplification Act of 2002 - Amends the Internal Revenue Code to repeal the alternative minimum tax. Amends the definitions of dependent and of head of household. Modifies provisions concerning: (1) the dependent care credit; (2) the child tax credit; (3) the earned income credit; and (4) the deduction for a personal exemption for dependents. Accelerates the repeal of the phaseout of personal exemptions and of the overall limitation on itemized deductions. Repeals certain phaseout provisions, including with regard to the child tax credit. Modifies provisions dealing with the capital gains tax (including, allowing the deduction for nonitemizers) and providing for a deduction for points on a home mortgage. Provides for the partial exclusion of dividends and interest. Increases the exclusion for group-term life insurance purchased for employees. Combines the Hope and Lifetime Learning credits. Repeals provisions regarding collapsible corporations. Sets forth special rules dealing with the active business test for certain corporate reorganizations. Provides rules for determining the transferor's basis of intangible property to a corporation. Repeals the ability of partnerships to elect to apply large partnership rules, effective after December 31, 2003. Repeals the personal holding company tax. Grants the Secretary of the Treasury the authority to prescribe the class life of any property, except for residential rental property and nonresidential real property. Repeals the occupational taxes relating to distilled spirits, wine, and beer. Converts the failure to pay one's estimated income tax penalty to an interest charge on the accumulated unpaid balance.
United States · United States Congress · 17 July 2002
Stock Option Accounting Reform Act - Instructs the Financial Accounting Standards Board to develop additional standards for recording as an expense in corporate financial statements the value of stock options granted by a public corporation to its staff.
United States · United States Congress · 10 July 2002
Teacher Tax Relief Act of 2002 - Amends the Internal Revenue Code to increase from $250 to $500 the maximum above-the-line deduction allowed for classroom supply expenses incurred by elementary and secondary school teachers, effective after December 31, 2001. Expands such deduction to include qualified professional development expenses.
United States · United States Congress · 9 July 2002
Recognizes the Republic of Turkey for its steadfast commitment to, and cooperation in, the war against terrorism. Commends Turkey for implementing economic reforms, particularly those which increase privatization and improve the investment climate there.
![Official portrait of Rep. English, Phil [R-PA-3]](https://www.congress.gov/img/member/e000187_200.jpg)