United States · United States Congress · 13 June 2001
Savings for Working Families Act - Amends the Internal Revenue Code to permit any qualified financial institution, qualified nonprofit organization, or Indian tribe to establish one or more qualified individual development account programs. Defines such an account as an account established for an eligible individual (income based) as part of a qualified individual development account program (matched individual and entity savings accounts for qualifying educational, first-time home purchase, or business expenses). Sets forth provisions concerning such accounts, including: (1) the structure and administration of account programs; (2) procedures for opening and maintaining an account and qualifying for matching funds; (3) withdrawal procedures; and (4) disregarding account funds for purposes of certain means-tested Federal programs. Provides matching funds through a tax credit for a participating entity's program investment.
United States · United States Congress · 12 June 2001
Amends the Federal Election Campaign Act of 1971 to require the total amount of contributions accepted from in-State individual residents with respect to an election by a candidate for the office of Senator or of Representative in, or Delegate or Resident Commissioner to, Congress to be at least 50 percent of the total amount of contributions from all sources. Exempts from this requirement any opponent of such a candidate who makes expenditures of more than $250,000 from personal funds. Specifies a fine for any candidate violating contribution requirement.
United States · United States Congress · 7 June 2001
Responsible Stem Cell Research Act of 2001- Directs the Secretary of Health and Human Services to establish by contract a National Stem Cell Donor Bank to preserve qualifying human stem cells and make such cells available for biomedical research and therapeutic purposes. Authorizes the Secretary, through the National Institutes of Health, to conduct and support human stem cell research.
United States · United States Congress · 25 May 2001
Protection of Lawful Commerce in Arms Act - Amends the Organic Act to direct the Secretary of Commerce to establish and maintain a list of each person that notifies the Secretary that it is a manufacturer or seller that is: (1) licensed to engage in interstate or foreign commerce of a firearm or ammunition product; or (2) is a trade association representing such manufacturers or sellers. Declares that any lawful conduct carried out by a manufacturer or seller in interstate or foreign commerce of a firearm or ammunition product, or lawful conduct carried out by a trade association in the course of representing such manufacturers or sellers, shall not be the basis for imposing a restriction on such commerce (the award of civil damages, equitable relief, or any other specified limitation) as a result of harm caused by the criminal or other unlawful misuse of such firearm or ammunition product by any other person.
United States · United States Congress · 25 May 2001
Safe Havens Support Act of 2001 - Amends part A (Temporary Assistance for Needy Families) (TANF) of title IV of the Social Security Act to allow a State to use a TANF grant to support an infant safe haven program.
United States · United States Congress · 25 May 2001
Fair Debt Collection Practices Improvement Act of 2001 - Amends the Fair Debt Collection Practices Act to permit continuation of collection activities and communications during the 30-day period following notice of debt, unless the consumer requests cessation of such activities. Broadens prescriptions governing debtor's civil liability to include a series of class actions arising out of the same violations by the same debt collector. Disallows recovery of legal fees that accrue after the date of a consumer's refusal of a debt collector's settlement offer which is greater than or equal to the final judgment award (including participants in a class action or series of class actions). Requires the court to consider the amount of actual damages awarded when it determines the amount of liability. Declares that a debt collector shall not be liable if the preponderance of the evidence shows that the violation resulted from good faith compliance with either Federal or State rules of civil procedure, or with a non-judicial foreclosure proceeding.
United States · United States Congress · 24 May 2001
Internet Equity and Education Act of 2001 - Amends the Higher Education Act of 1965 (HEA) to exempt courses offered through telecommunications from certain limitations on student financial assistance with respect to correspondence courses. Allows such exemption if the institution offering such course through telecommunications: (1) is participating in the guaranteed or the direct student loan program; and (2) has a cohort default rate of less than ten percent for each of the most recent fiscal years for which data are available. Defines a week of instruction as one in which at least one day of instruction, examination preparation, or examination occurs, for purposes of determining an academic year for HEA student aid programs. Prohibits higher education institutions participating in HEA student assistance programs from making any incentive, non-salary payment, based directly on success in securing enrollments or financial aid, to any person or entity directly engaged in student recruiting or admission activities, or making decisions regarding the award of student financial assistance. Exempts from such prohibition recruitment of foreign students not eligible to receive Federal student assistance.
United States · United States Congress · 24 May 2001
English Language Unity Act of 2001 - Amends specified Federal law to declare English to be the official language of the United States. Requires the official functions of the United States (meaning, in this case, the States and the District of Columbia) to be conducted in English. Requires a uniform English language rule for U.S. naturalization, and all naturalization ceremonies to be conducted in English. Sets forth exceptions to and rules of construction for such requirements. Amends specified Federal law to declare, as a general rule of construction, that English language requirements and workplace policies, whether in the public or private sector, shall be presumptively consistent with the Laws of the United States. Requires the Department of Justice to issue for public notice and comment a proposed rule for uniform testing of English language ability of candidates for naturalization, based upon the principles that: (1) all citizens should be able to read and understand generally the English language text of the Declaration of Independence, the Constitution, and the Laws of the United States; and (2) any exceptions to this standard should be limited to extraordinary circumstances, such as asylum.
United States · United States Congress · 24 May 2001
Working Families Flexibility Act of 2001 - Amends the Fair Labor Standards Act of 1938 to provide for compensatory time for all employees. Allows an employee to receive, in lieu of monetary overtime compensation, compensatory time off at a rate not less than one and one-half hours for each hour of employment for which overtime compensation is required under the Act.
United States · United States Congress · 23 May 2001
Amends part C (Administrative Simplification) of title XI of the Social Security Act to revise the deadline for initial compliance with standards for information transactions and data elements.
United States · United States Congress · 22 May 2001
Dollars to the Classroom Act - Authorizes the Secretary of Education award grants to States for use by States and local educational agencies (LEAs) to improve classroom services and activities for students. Prescribes requirements for participation of private school children and teachers in activities and services. Prohibits Federal control of State or local educational activities or services receiving such grant assistance. Repeals specified programs under the Elementary and Secondary Education Act of 1965 (ESEA) and certain other Acts, including: (1) demonstrations of innovative practices; (2) innovative elementary school transition projects; (3) Dwight D. Eisenhower Professional Development Program;(4) Technology for Education, including Star Schools, Ready-to-Learn Television, and the telecommunications demonstration project for mathematics; (5) Magnet Schools Assistance; (6) Women's Educational Equity; (7) Innovative Education Program Strategies; (8) Native Hawaiians Education; (9) Alaska Native Education; (10) Fund for the Improvement of Education; (11) Gifted and Talented Education; (12) Arts in Education; (13) Civic Education; (14) Allen J. Ellender Fellowship Program (Close-Up programs); (15) 21st Century Community Learning Centers; (16) Urban and Rural Education Assistance; (17) National Writing Project; (18) Extended Time for Learning and Longer School Year; (19) Comprehensive Regional Assistance Centers; (20) Eisenhower Math and Science Regional Consortia; (21) State and local education systemic improvement; (22) school-to-work opportunities system development and implementation grants; and (23) Education for Homeless Children program. Education Flexibility Partnership Demonstration Act - Authorizes the Secretary to allow all 50 States to participate in the Education Flexibility Partnership Demonstration Act program.
United States · United States Congress · 21 May 2001
Good Samaritan Volunteer Firefighter Assistance Act of 2001 - Provides that neither a person (including any other entity) who donates re-certified fire control or fire rescue equipment, nor a State or local agency that administers the distribution of such equipment, shall be liable for personal injuries, property damage, or death proximately caused after the donation by a defect in such equipment. Waives such liability protection if: (1) the person's or agency's act or omission causing the injury, damage, or loss constitutes malice, gross negligence, recklessness, or intentional misconduct; or (2) the person or agency is the manufacturer of such equipment.
United States · United States Congress · 16 May 2001
Clean Efficient Automobiles Resulting From Advanced Car Technologies (CLEAR ACT) Act of 2001 - Amends the Internal Revenue Code to allow an annual alternative motor vehicle credit equal to the sum of: (1) the new qualified fuel cell motor vehicle credit; (2) the new qualified hybrid motor vehicle credit; and (3) the new qualified alternative fuel motor vehicle credit. Sets forth credit termination dates. Extends and revises the credit for qualified electric vehicles. Makes leased vehicles eligible for the credit. Allows (through 2007) an alternative fuel retail sales credit of 50 cents per gallon to a qualifying retailer. Extends and revises the deduction for certain clean fuel vehicles and refueling property. Allows (through 2007) a credit for the installation of residential or retail clean-fuel vehicle refueling property.
United States · United States Congress · 16 May 2001
Amends the Internal Revenue Code to include landfill gas as a qualified energy resource for purposes of the business credit for electricity produced from certain renewable resources.
United States · United States Congress · 15 May 2001
Parental Freedom of Information Act - Amends the General Education Provisions Act to require educational agencies or institutions, as a condition for receiving funds for applicable programs, to: (1) neither deny nor prevent the exercise of parental rights to review and inspect instructional materials used in their children's educational curricula; and (2) obtain parental consent before seeking specified types of information from minors, and before performing non-emergency medical psychological, or psychiatric examination, testing, treatment, or immunization of minors.
United States · United States Congress · 9 May 2001
Authorizes the Secretary of Agriculture to provide assistance (replanting assistance and/or seedlings) to eligible commercial orchardists and tree farmers who have suffered qualifying tree losses caused by a natural disaster. Makes such provision applicable to losses incurred after January 1, 2000.
United States · United States Congress · 8 May 2001
Public Safety Act - Provides that to be eligible to receive a grant under the violent offender incarceration and truth-in-sentencing incentive grant program, an applicant shall provide assurances to the Attorney General that if selected to receive funds the applicant shall not contract with a private contractor or vendor to provide core services related to the incarceration of an inmate. Makes this provision inapplicable to an existing contract to provide such core services, but applicable to renewals or extensions of an existing contract. Amends the Federal criminal code to require the Bureau of Prisons to provide that: (1) any penal or correctional facility or institution, except for nonprofit community correctional confinement (such as halfway houses), confining any person convicted of offenses against the United States shall be under the direction of the Director of the Bureau and shall be managed and maintained by Federal, State, or local government employees; and (2) the housing, safeguarding, protection, and disciplining of any person charged with or convicted of any offense against the United States (with that exception) shall be conducted and carried out by Federal, State, or local government employees.
United States · United States Congress · 2 May 2001
Great Lakes Ecology Protection Act of 2001 - Amends the Nonindigenous Aquatic Nuisance Prevention and Control Act of 1990 to direct the Secretary of Transportation to issue regulations to prevent the introduction and spread of aquatic nuisance species within the Great Lakes. Calls upon such regulations to require, among other things, the use of environmentally sound treatment methods for ballast water and ballast sediments in preventing and controlling infestations of aquatic nuisance species. Sets forth provisions requiring maximum public participation in, and advance notice of, proposed rulemaking with respect to such regulations.
United States · United States Congress · 2 May 2001
Voluntary Opportunities for Increasing Contributions to Education Act - Amends the Internal Revenue Code to allow an annual tax credit of up to $500 for an individual ($1,000 for joint filers) and $100,000 for a corporation for 75 percent of the qualified charitable contributions (school tuition organizations, facility construction or renovation, computer acquisition or training) made on behalf of elementary or secondary schools.
United States · United States Congress · 2 May 2001
Constitutional Amendment- Provides that any person who has been a U.S. citizen for 20 years and who is otherwise eligible for the Office of President shall not be ineligible by reason of not being a natural born U.S. citizen.
United States · United States Congress · 1 May 2001
Conveys the sympathies of the House of Representatives to Jim and Cory Bowers and to their extended families, friends, co-workers, and fellow missionaries at the Association of Baptists for World Evangelism for the loss of Veronica "Roni" Bowers and Charity Bowers in an attack by a Peruvian Air Force fighter jet on the plane in which they were traveling. Commends Kevin Donaldson for his heroic actions in safely landing the plane and wishes Mr. Donaldson a speedy and complete recovery from his injuries. Encourages the Governments of the United States and Peru to work together to determine all the circumstances that led to this incident and to ensure that an incident of this kind never occurs again.
United States · United States Congress · 26 April 2001
Human Cloning Prohibition Act of 2001 - Prohibits any person or entity, in or affecting interstate commerce, from: (1) performing or attempting to perform human cloning; (2) participating in such an attempt; (3) shipping or receiving the product of human cloning; or (4) importing such a product. Expresses the sense of Congress that: (1) the Federal Government should advocate for and join an international effort to prohibit human cloning; and (2) the President should commission a study by the National Bioethics Advisory Commission or a successor group of the arguments for and against the use of cloning to produce human embryos solely for research.
United States · United States Congress · 25 April 2001
Right-To-Know National Payroll Act - Amends the Internal Revenue Code to require that each employer of more than 250 employees show on the W-2 form of each employee the employer's share of taxes for old-age, survivors, and disability insurance (OASDI) and for hospital insurance (Medicare) for the employee, as well as the total amount of such taxes for such employee. Requires a W-2 also to show any tier 1 railroad retirement tax with respect to OASDI and Medicare the employer has paid.
United States · United States Congress · 24 April 2001
Federal Prison Industries Competition in Contracting Act of 2001 - 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. Requires FPI to comply with Federal occupational, health, and safety standards regarding its industrial operations. Requires that an analysis of the probable impact of a proposed expansion of inmate-work activities 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. Provides for inmate wages and deductions. Amends the Federal judicial code regarding the Department of Justice Assets Forfeiture Fund to authorize payments to the Bureau of Prisons exclusively for the purpose of providing additional vocational and remedial educational training for inmates. Amends the Federal criminal code to require that not less than 20 percent of the gross profits of the corporation at the end of each fiscal year be allocated to fund vocational training for inmates. Requires 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. Authorizes FPI to: (1) locate more than one workshop at a Federal correctional facility; and (2) operate a workshop outside of a correctional facility if all of participating inmates are minimum security inmates.
United States · United States Congress · 24 April 2001
Freedom from Unfair Energy Levy Act - Amends the Internal Revenue Code to: (1) suspend, for six months, motor fuels taxes; and (2) repeal the 1993 4.3 cents per gallon increase in motor fuel taxes. Sets forth floor stock provisions.
United States · United States Congress · 4 April 2001
Medicare and Medicaid Nursing Services Quality Improvement Act of 2001 - Directs the Secretary of Health and Human Services to conduct a demonstration project under which a resident assistant who lacks certain nurse aide training requirements may perform feeding and hydration for a resident of a skilled nursing facility under the Medicare program under title XVII of the Social Security Act (SSA), or a nursing facility under the Medicaid program under SSA title XIX, in the States of Wisconsin, North Dakota, and not more than six other select States. Directs the Secretary to convene an advisory panel to submit recommendations on the use or improvement of resident assistants in such nursing facilities. Amends SSA titles XVIII and XIX, as amended by the Medicare, Medicaid, and SCHIP Benefits Improvement and Protection Act of 2000, to authorize the use of resident assistants to perform feeding and hydration that would otherwise be performed by a nurse aide for residents of nursing facilities receiving payments under the Medicare or Medicaid program.
United States · United States Congress · 4 April 2001
Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to provide for a sequestration equal to the amount by which total outlays exceed 18 percent of the gross domestic product for any of FY 2002 through 2006.
United States · United States Congress · 4 April 2001
Citizen Legislature and Political Freedom Act - Amends the Federal Election Campaign Act of 1971(FECA) to terminate limitations on Federal election campaign contributions after 2002. Amends the Internal Revenue Code to terminate after December 31, 2001, the designation of income tax payments to the Presidential Election Campaign Fund. Terminates the Fund itself and the Presidential Primary Matching Payment Account after December 31, 2002, and transfers any amounts remaining in the Fund to the general fund of the Treasury. Amends FECA, in the case of a political committee of a national political party, to require reports of all funds transferred to any political committee of a State or local political party, without regard to whether or not the funds are otherwise treated as contributions or expenditures under such Act (soft money). Requires any political committee of a State or local political party to file with the Federal Election Commission (FEC) a copy of any report on disbursements it is required under a State or local law, rule, or regulation to submit to the State or local government. Revises current deadlines for notification of contributions by a campaign committee. Declares that the "best efforts" exception to noncompliance with FECA shall not apply with respect to information regarding the identification of any contributor of more than $200 in the aggregate during a calendar year (thus requiring strict observance of reporting deadlines for all such contributions). Provides that, except with the separate, prior, written, voluntary authorization of each individual involved, it shall be unlawful for described labor organizations to collect from or to assess its members or nonmembers any dues, initiation fee, or other payment if any part of it will be used for political activity in which the labor organization is engaged. Changes the name of the FEC to the Federal Campaign Regulation Commission.
United States · United States Congress · 4 April 2001
Minimum Wage State Flexibility Act of 2001 - Amends the Fair Labor Standards Act of 1938 to allow a State to preempt the Federal minimum wage if the State: (1) sets a minimum wage rate or rates that are not less than $5.15 per hour; and (2) applies that rate or those rates to as many workers in the State as would otherwise be covered by the Federal minimum wage rate.
United States · United States Congress · 4 April 2001
Amends the Internal Revenue Code to restore, increase, and make permanent the exclusion from gross income for amounts received under qualified group legal services plans.
United States · United States Congress · 4 April 2001
Hunger to Harvest Resolution: A Decade of Concern for Africa - Expresses the sense of Congress that: (1) the United States should declare "A Decade of Concern for Africa" and commit to increased levels of effective, poverty-focused development assistance to sub-Saharan Africa until significant progress is made toward reversing current levels of hunger and poverty; (2) the President should work with the heads of other advanced industrial and sub-Saharan African countries, and with United States and sub-Saharan African private voluntary and other civic organizations, to increase development assistance to sub-Saharan Africa; (3) Congress should undertake a multi-year commitment with other donors to provide the resources necessary to cut hunger by one-half in that region; (4) such funding should support both bilateral and multilateral poverty-focused development efforts; and (5) the Administrator of the United States Agency for International Development should annually submit to Congress a progress report.
United States · United States Congress · 3 April 2001
Acknowledges and commends the charter school movement for its contribution to improving our Nation's public school system. Expresses the sense of Congress that a National Charter Schools Week should be established.
United States · United States Congress · 29 March 2001
Small Business Contract Equity Act of 2001 - Sets forth procedures for the bundling of procurement contracts that the Administrator of the Small Business Administration determines would result in the displacement of small business concerns. Permits waivers for unusual or unexpected exigencies. Amends the Small Business Act to prohibit agencies that fail to attain small business procurement participation goals from awarding or soliciting offers for bundled contracts. Requires such agencies to meet such goals relating to small businesses generally, those owned and controlled by socially and economically disadvantaged individuals, and those owned and controlled by women.
United States · United States Congress · 28 March 2001
Public Expression of Religion Act of 2001 - Amends provisions regarding civil actions for deprivation of rights to specify that where the deprivation consists of a violation of a prohibition in the Constitution against the establishment of religion, the remedy shall be limited to injunctive relief. Prohibits the award of attorney's fees with respect to such claims.
United States · United States Congress · 22 March 2001
Justice for United States Prisoners of War Act of 2001 - Requires any Federal court in which an action is brought against a Japanese national by a member of the U.S. armed forces seeking compensation for mistreatment or failure to pay wages in connection with labor performed in Japan for such national as a prisoner of war during World War II to: (1) apply the applicable statute of limitations of the State in which the action is pending; and (2) not construe a specified provision of the Treaty of Peace With Japan as a waiver by the United States of such claims. States that it is U.S. policy to ensure that any war claims settlement terms between Japan and any other country that are more beneficial than terms extended to the United States under the above Treaty are extended to the United States with respect to claims under this Act. Authorizes the Secretary of Veterans Affairs to secure information relating to chemical or biological tests conducted by Japan on members of the U.S. armed forces held as prisoners of war during World War II.
United States · United States Congress · 22 March 2001
Constitutional Amendment - Requires that any bill, resolution, or other legislative measure changing the internal revenue laws shall require for final adoption in each House the concurrence of two-thirds of the Members of that House voting and present, unless the bill is determined at the time of adoption, in a reasonable manner prescribed by law, not to increase the internal revenue by more than a de minimis amount. States that for purposes of determining any increase, there shall be excluded any increase resulting from the lowering of an effective rate of any tax. Requires journal entry of any vote. Permits the waiver of such requirement, for up to two years, if there is a declaration of war or if the United States is engaged in a military conflict which causes an imminent and serious threat to national security and is so declared by a joint resolution which becomes law.
United States · United States Congress · 22 March 2001
Congratulates the city of Detroit on the occasion of the tricentennial of its founding, and its residents for their important contributions to the economic, social, and cultural development of the United States.
United States · United States Congress · 21 March 2001
Supports the open letter released by Chinese dissidents and families of political prisoners stating that the release of China's political prisoners would improve Beijing's stature in its bid to host the 2008 Olympic Games. Expresses the view that the International Olympic Committee should not award the 2008 Olympics to Beijing unless the Government of the People's Republic of China releases all political prisoners, ratifies the International Covenant on Civil and Political Rights (ICCPR), implements the International Covenant on Economic, Social and Cultural Rights, and observes internationally recognized human rights. Calls for the creation of an international Beijing Olympic Games Human Rights Campaign in the event that Beijing receives the Olympics to focus international pressure on China to grant amnesty to all political prisoners before the Olympics commence. Requests the President, during the Asia-Pacific Economic Cooperation Leaders Summit, to call for the release of all Chinese political prisoners and Chinese ratification of the ICCPR. Recommends that the Congressional-Executive Commission on the People's Republic of China devote significant resources to monitoring any violations of the rights of political dissidents and prisoners or other increased human rights abuses in preparation for and during the 2008 Olympic Games.
United States · United States Congress · 20 March 2001
Student Athlete Protection Act - Amends the Federal judicial code to include as unlawful sports gambling a lottery, sweepstakes, or other betting, gambling, or wagering scheme based, directly or indirectly, on one or more: (1) competitive games in which high school or college athletes participate; (2) performances of high school or college athletes in competitive games; or (3) competitive games at the Summer or Winter Olympics.
United States · United States Congress · 15 March 2001
Great Lakes Legacy Act of 2001 - Amends the Federal Water Pollution Control Act to authorize the Administrator of the Environmental Protection Agency, acting through the Great Lakes National Program Office, to make grants for projects that: (1) monitor or evaluate contaminated sediment; (2) remediate contaminated sediment; or (3) prevent further or renewed contamination of sediment. Authorizes the Administrator to conduct research on innovative approaches, technologies, and techniques for the remediation of sediment contamination in areas of concern in the Great Lakes.
United States · United States Congress · 15 March 2001
Small Employer Tax Relief Act of 2001 - Amends Internal Revenue Code small business provisions to: (1) permit a 100 percent deduction for the health insurance costs of the self-employed; (2) repeal the Federal unemployment surtax; (3) increase the dollar expensing limitation; (4) increase the deduction for business meals; (5) permit use of the cash method of accounting; (6) repeal the alternative minimum tax on individuals; (7) make the research credit permanent; (8) provide credits for long-term training of employees in highly skilled small business trades, for dry or wet cleaning equipment using nonhazardous primary process solvents, and for recycling or remanufacturing equipment; (9) specify that computer software is eligible for expensing; (10) provide a two-year recovery period for computers, software, and peripheral equipment; (11) eliminate the income-based limitation on the use the preceding year's tax respecting estimated tax payments; (12) exclude from partnership filing requirements married couple-business owners; (13) increase the self-employment tax threshold amount; (14) repeal the recognition of gain rule for home offices that are part of a principal residence sale; (15) revise certain taxpayer protections; and (16) repeal failure-to-pay and interest penalty provisions.
United States · United States Congress · 15 March 2001
Marriage Tax Elimination Act of 2001 - Amends the Internal Revenue Code (IRC) to provide that the basic standard deduction on a joint return shall be equal to 200 percent of the dollar amount of an individual who is not married. Provides a schedule for making, by 2005, the maximum taxable income in the lowest married bracket equal to double the maximum taxable income in the lowest single filer bracket. Increases the earned income credit phaseout amount on a joint return by $2,000. Revises IRC provisions relating to limitation based on tax liability and the definition of such liability to provide that the aggregate amount of credits allowed as nonrefundable personal credits shall not exceed the sum of: (1) the taxpayer's regular tax liability for the taxable year reduced by the foreign tax credit; and (2) the tax imposed by the alternative minimum tax.
United States · United States Congress · 14 March 2001
Economic Recovery and Growth Act of 2001 - Amends the Internal Revenue Code with respect to reducing or repealing, among other things: (1) tax rates for individuals; (2) alternative minimum tax; (3) capital gains; (4) estate and gift tax; (5) marriage penalty; (6) Federal communications excise tax; (7) taxes for farmers, ranchers, fishermen; and (8) occupational taxes relating to alcoholic beverages. Increases, extends, or expands tax benefits with respect to, among other things: (1) pensions and individual retirement accounts (IRAs); (2) child tax credit; (3) education IRAs and qualified tuition programs; (4) adoption expenses credit; (5) charitable contributions; (6) social security benefits; (7) expense treatment for small businesses; (8) self-employed health insurance cost deduction; and (9) research credit.
United States · United States Congress · 14 March 2001
Liberty Bill Act - Amends Federal law to require that the design of the reverse side of all Federal reserve notes incorporate: (1) the preamble to the Constitution; (2) a list describing the Articles of the Constitution; and (3) a list describing the Articles of Amendment. Prescribes the design format. States that such requirements do not limit the authority of the Secretary of the Treasury to: (1) include other inscriptions or material on the reverse side of such notes; or (2) adopt other design features to deter counterfeiting of currency.
United States · United States Congress · 14 March 2001
Leave No Child Behind Tax Credit Act of 2001 - Amends the Internal Revenue Code to allow a maximum $250 ($500 for joint filers) annual credit for contributions to charitable organizations that provide elementary and secondary student scholarships.
United States · United States Congress · 14 March 2001
Death Tax Elimination Act - Repeals the estate tax, gift tax, and the tax on generation-skipping transfers, effective January 1, 2011. Provides for annual reductions of the tax until such date. Increases the unified estate and gift tax credit to $1.3 million. Repeals the estate and gift tax provisions applicable to family-owned businesses. Amends provisions concerning the special rules for allocation of the generation-skipping tax (GST) exemption to provide, as a general rule, that: (1) if any individual makes an indirect skip during such individual's lifetime, any unused portion of such individual's GST exemption shall be allocated to the property transferred to the extent necessary to make the inclusion ratio for such property zero; and (2) if the amount of the indirect skip exceeds such unused portion, the entire unused portion shall be allocated to the property transferred. Declares that, if a trust is severed in a qualified severance, the trusts resulting from such severance shall be treated as separate trusts thereafter. Revises valuation rules for gifts for which a gift tax return was filed or deemed allocation made. Provides that, if an allocation of the GST exemption to any transfers of property is deemed to have been made at the close of an estate tax inclusion period, the value of the property shall be its value at such time. Directs the Secretary of the Treasury to prescribe circumstances and procedures under which extensions of time will be granted to make an allocation of GST exemption or an election not to apply specified allocation requirements to certain lifetime direct skips, indirect skips, or transfers to a particular trust. Increases the permissible number of partners or shareholders in a closely held business for purposes of eligibility for an extension of estate tax payments.
United States · United States Congress · 13 March 2001
Budget Responsibility and Efficiency Act of 2001 - Amends the Congressional Budget Act of 1974 to revise the Federal and congressional budget processes by establishing a two-year budgeting and appropriations cycle and timetable. Defines the budget biennium as the two consecutive fiscal years beginning on October 1 of any odd-numbered year. Conforms provisions of the Rules of the House of Representatives, provisions governing the President's budget, and requirements for certain strategic and performance plans and reports to the biennial framework. Provides a point of order against any measure that contains a specific authorization of appropriations unless such authorization is for each fiscal year in a biennium. Requires the President's budget submission for FY 2004 to identify budget accounts for which an appropriation should be made for each fiscal year of the FY 2004-2005 biennium. Directs congressional committees, during the 108th Congress, to work with the Comptroller General to develop plans to transition program authorizations to a multi-year schedule. Sets forth additional transition requirements. Makes this Act applicable to budget resolutions and appropriations for the biennium beginning with FY 2006.
United States · United States Congress · 13 March 2001
Amends the Internal Revenue Code to repeal specified occupational taxes relating to distilled spirits, wine, and beer. Revises recordkeeping requirements for wholesale and retail liquor dealers. Makes it unlawful for any liquor dealer (except one selling beer exclusively) to purchase distilled spirits from any person other than a specified wholesale liquor dealer.
![Official portrait of Rep. Hoekstra, Peter [R-MI-2]](https://www.congress.gov/img/member/h000676_200.jpg)