United States · United States Congress · 14 November 2001
Medication Errors Reduction Act of 2001 - Directs the Secretary of Health and Human Services to establish a program to make grants to eligible entities for the purpose of assisting such entities in offsetting the costs related to purchasing, leasing, developing, and implementing standardized clinical health care informatics systems designed to improve patient safety and reduce adverse events and health care complications resulting from medication errors. Gives special consideration to eligible entities serving a large number of Medicare, Medicaid, and State Children's Health Insurance Program (SCHIP) eligible individuals. Reserves a certain percentage of grant funds for rural hospitals. Terminates the Secretary's authority to make such grants on September 30, 2011. Directs the Secretary to appoint a Medical Information Technology Advisory Board to study and report to Congress on best current practices in medical information technology and certain standardization and security requirements.
United States · United States Congress · 8 November 2001
Recognizes and commends the efforts of State and local governments and community, religious, and charitable organizations to support military and civilian personnel engaged in the war on terrorism. Encourages the people of the United States: (1) to support such personnel through a united effort to be known as Operation Enduring Support; and (2) as part of such Operation, to support military families, stage patriotic send-off and welcome-home rallies and parades; and volunteer and contribute financial assistance to the Red Cross, United Way, and similar organizations.
United States · United States Congress · 7 November 2001
Spirit of America Commemorative Coin Act of 2001 - Directs the Secretary of the Treasury to mint and issue $50 gold coins, one-dollar silver coins, and half-dollar clad coins emblematic of the tragic events that occurred at the Pentagon, in New York City, and in Pennsylvania, on September 11, 2001. Establishes the Victims of September 11th Fund which shall consist of amounts from surcharges received from the sale of such coins transferred to the Office for Victims of Crime for individuals who were injured, and to the families of individuals who were killed or injured, in the terrorist attacks against the United States on September 11, 2001.
United States · United States Congress · 7 November 2001
Declares that the House of Representatives: (1) recognizes the grave humanitarian crisis that existed in Afghanistan before the terrorist attacks on the United States on September 11, 2001, and that has since been exacerbated; (2) commends the heroic work of organizations led by Afghan women that have persevered during this time of crisis to assist vulnerable Afghan women and their families; (3) urges the Secretary of State to support, and the United Nations to provide funding to, these organizations in order to strengthen their ability to deliver services during this humanitarian crisis and to enhance their role in fostering a more civil society; (4) urges the President to direct the international coalition engaged in combating terrorism in Afghanistan to protect women's rights as it attempts to provide humanitarian relief to the Afghani people; and (5) urges the President to encourage any new government established in Afghanistan to include women as leaders and as full and active participants.
United States · United States Congress · 7 November 2001
Recognizes the Islamic faith as one of the great religions of the world during this time of conflict. Commends Muslims in the United States and throughout the world for their faith during the upcoming observance of Ramadan.
United States · United States Congress · 6 November 2001
Expresses the sense of Congress that the President, at the upcoming World Trade Organization (WTO) round of negotiations at Doha, Qatar, November 9-13, 2001, and at any subsequent round of WTO negotiations, should: (1) preserve the U.S. ability to enforce its trade laws rigorously, including antidumping and countervailing duty laws, and avoid agreements which lessen the effectiveness of domestic and international disciplines on unfair trade, especially dumping and subsidies, in order to ensure that U.S. workers, agricultural producers, and firms can compete fully on fair terms and enjoy the benefits of reciprocal trade concessions; and (2) ensure that U.S. exports are not subject to the abusive use of trade laws, including antidumping and countervailing duty laws, by other countries.
United States · United States Congress · 31 October 2001
Disaster Relief Charities Accountability Act - Establishes the Charity Accountability Board which shall: (1) request information from and make recommendations to qualifying charitable organizations regarding the amount of disaster relief funds collected and dispersed by such organizations, administrative costs incurred, and the criteria used in dispersing disaster relief funds; (2) provide information about disaster relief funds to disaster victims and those wishing to contribute to such funds; and (3) report to the President and Congress on the status of such funds.
United States · United States Congress · 30 October 2001
Expresses the sense of Congress that: (1) renegotiation by members of the World Trade Organization (WTO) of existing antidumping and safeguard provisions contained in the Agreement on Implementation of Article VI of the General Agreement on Tariffs and Trade (commonly known as the "Antidumping Agreement") is unnecessary and unlikely to result in an agreement that does not weaken the antidumping and safeguard provisions; and (2) the United States Trade Representative should oppose any changes to such provisions contained in the Antidumping Agreement at the Fourth Ministerial Conference of the WTO to be held at Doha, Qatar, from November 9-13, 2001, and at any subsequent negotiations, including any changes that make antidumping relief under these provisions more difficult, uncertain, or costly for domestic industries to achieve and maintain over time.
United States · United States Congress · 25 October 2001
Sales Tax Holiday Act of 2001 - Directs the Secretary of the Treasury to reimburse States and New York City for lost sales tax on tangible personal property during a moratorium between November 23, 2001, and December 2, 2001.
United States · United States Congress · 25 October 2001
Declares that Congress joins the President, Israel, the Palestinian Authority, the United Nations, and the European Union in endorsing the Mitchell Committee Report of April 30,2001. Urges: (1) the Government of Israel and the Palestinian Authority to halt violence, rebuild confidence, and resume peaceful negotiations; (2) the political leaders in Israel and the West Bank, the Gaza Strip, and elsewhere in the region to act and speak against violence; and (3) the President to continue working with Israel and the Palestinian Authority to implement the recommendations of the Report.
United States · United States Congress · 24 October 2001
Amends the Internal Revenue Code to designate a section of lower Manhattan as an empowerment zone as authorized by the Community Renewal Tax Relief Act of 2000.
United States · United States Congress · 12 October 2001
Medicare Ambulance Payment Reform Act of 2001 - Amends title XVIII (Medicare) of the Social Security Act (SSA) to revise requirements for payment for ambulance services concerning: (1) the establishment of a fee schedule; and (2) the coding system specifying the medical condition of the individual transported by an ambulance and the appropriate level of transportation service. Amends SSA titles XVIII (Medicare) (including part C (Medicare+Choice) of the Medicare program) and XIX (Medicaid) to establish a prudent layperson standard for justification of emergency ambulance services under Medicare and Medicaid.
United States · United States Congress · 12 October 2001
Calls for a joint session of Congress in New York City, New York, during the 107th Congress at such date, time, and location as the Speaker of the House of Representatives and the President Pro Tempore of the Senate may jointly select, for the purpose of conducting such business as the Speaker and the President Pro Tempore may consider appropriate.
United States · United States Congress · 11 October 2001
Amends the Internal Revenue Code to allow for the expansion of areas designated as renewal communities based upon 2000 census population and poverty rate data.
United States · United States Congress · 4 October 2001
Temporary Unemployment Compensation Act of 2001 - Provides for a program of temporary supplemental unemployment compensation (TSUC). Sets forth TSUC program requirements for Federal-State agreements, formulas for determining amounts in individual TSUC accounts and weekly benefits, payments to States, and financing. Includes among eligibility requirements an individual's not having rights, with respect to a week, to other compensation (excluding extended compensation). Applies TSUC agreements to weeks of unemployment: (1) beginning after the date on which such an agreement is entered into; and (2) ending before January 1, 2003. Makes a modification relating to part-time employment and increased benefits applicable to weeks of unemployment in such TSUC agreement period, regardless of the date on which an individual's claim for benefits is filed. Makes a modification relating to alternative base periods applicable only to initial claims filed after September 11, 2001. Makes TSUC payments applicable only to individuals exhausting their rights to regular compensation after September 11, 2001.
United States · United States Congress · 4 October 2001
Terrorism Threat to Public Transportation Assessment Act of 2001 - Directs the Secretary of Transportation to assess terrorist-related threats to all forms of public transportation, including public gathering areas related to public transportation.
United States · United States Congress · 4 October 2001
Expresses the sense of Congress that the President should award and present a Public Safety Officer Medal of Valor to those public safety officers who were killed and to those select public safety officers who have earned special recognition for outstanding valor above and beyond the call of duty in the aftermath of the terrorist attacks in the United States on September 11, 2001.
United States · United States Congress · 25 September 2001
Medicare Coordinated Community Care Act of 2001 - Amends part C (Medicare+Choice) of title XVIII (Medicare) of the Social Security Act (SSA) to make the social health maintenance organizations (SHMOS) a permanent option under the Medicare+Choice program as coordinated community care plans which offer benefits for certain chronic illness care, home and community-based, supplemental non-acute institutional, and end-of-life and palliative care services. Directs the Secretary of Health and Human Services to establish a National Advisory Committee on Social HMO Replication to assist Medicare+Choice plans, health care providers, and other appropriate organizations in the design, implementation, and ongoing evaluation of coordinated community care plans under this Act.
United States · United States Congress · 25 September 2001
Authorizes the President to present, on behalf of Congress, a congressional gold medal to Sargent Shriver to commemorate the 40th anniversary of the establishment of the Peace Corps, and to recognize his incomparable contribution as its first Director.
United States · United States Congress · 21 September 2001
Honors New York Mayor Rudolph Giuliani, the emergency responders and law enforcement officers, and the residents of New York, New York, for their valiant efforts in responding to the terrorist attack on the World Trade Center on September 11, 2001.
United States · United States Congress · 20 September 2001
Authorizes the President to award posthumously the Congressional Gold Medal to the people aboard United Airlines Flight 93 who helped resist the hijackers and caused their plane to crash prematurely on September 11, 2001.
United States · United States Congress · 14 September 2001
Expresses the sense of Congress that the children who lost one or both parents or a guardian in the September 11, 2001, World Trade Center and Pentagon tragedies, including the aircraft crash in Somerset County, Pennsylvania, should be provided with all necessary services and benefits, including foster care assistance, adoption assistance, and medical, nutritional, and psychological care. Urges each responsible Federal agency to put the highest priority on providing such assistance, services, and benefits within 60 days of the determination of the death of the child's parent or guardian.
United States · United States Congress · 13 September 2001
Victims of Terrorism Relief Act of 2001 - Amends the Internal Revenue Code to exempt from income taxes and the additional estate tax any individual who died as a result of the September 11, 2001, terrorist attacks, unless the individual was a perpetrator of the attacks.
United States · United States Congress · 5 September 2001
Peace Corps HIV/AIDS Training Enhancement Appropriations Act for Fiscal Year 2002 - Authorizes additional appropriations for FY 2002 for the Peace Corps for additional health volunteers working with HIV/AIDS treatment and prevention methodologies, particularly the training of local HIV/AIDS trainers.
United States · United States Congress · 2 August 2001
Federal Home Loan Bank Membership Act of 2001 - Amends the Federal Home Loan Bank Act to authorize certain privately insured credit unions to become members of a Federal Home Loan Bank if they meet all eligibility requirements for Federal deposit insurance under the Federal Deposit Insurance Act.
United States · United States Congress · 2 August 2001
Breast Cancer Research Stamp Act of 2001 - Amends Federal postal law to provide that any limitation in the Semipostal Authorization Act relating to whether more than one semipostal (a postage stamp issued by the U.S. Postal Service, at a premium, in order to help provide funding for a national public interest) may be offered for sale at the same time, shall not apply to the breast cancer research special stamps issued by the U.S. Postal Service. Extends the Service's authority to issue such stamps through July 29, 2008. Revises the differential amount of the special rate of postage for the breast cancer research stamp to not less than 15 percent of the regular first-class rate (currently, not to exceed 25 percent of first-class). Requires the special rate to be evenly divisible by five.
United States · United States Congress · 2 August 2001
Clean Diamond Trade Act - Prohibits the importation of rough diamonds into the United States unless the exporting country is implementing a system of controls on the export or import of rough diamonds that: (1) meets specified requirements, consistent with United Nations General Assembly Resolution 55/56 adopted on December 1, 2000, or is functionally equivalent; or (2) meets the requirements of an international agreement which requires such controls and to which the United States is a party. Prohibits the importation of polished diamonds (including jewelry containing diamonds) into the United States unless the exporting country: (1) is implementing a system of controls on the export and import of rough diamonds, except such system shall not be required for countries that do not import rough diamonds; and (2) requires that its own imports of diamonds originate from countries that have implemented a system of controls on the export and import of rough diamonds. Provides a waiver of the requirements of this Act. Urges the President to negotiate an international agreement to eliminate trade in diamonds used to support conflict in the country or regions in which such diamonds are mined.
United States · United States Congress · 2 August 2001
Expresses the sense of Congress that: (1) the President and Congress should save Social Security as soon as possible; (2) Social Security surpluses must be vigorously safeguarded and used only for purposes of saving Social Security or reducing the publicly held debt; and (3) the President's Commission to Strengthen Social Security, recognizing the immense financial commitment of every American worker in the Social Security system, should present in its recommendations innovative ways to protect that commitment without benefit cuts or payroll tax increases.
United States · United States Congress · 1 August 2001
Amends the Internal Revenue Code to exclude stock options and employee stock purchase plans from the definition of wages for purposes of employment taxes.
United States · United States Congress · 1 August 2001
American Citizens' Protection and War Criminal Prosecution Act of 2001 - Expresses the sense of Congress that the United States should: (1) support the due process rights of U.S. citizens before foreign tribunals, including the International Criminal Court (ICC); (2) continue to participate in negotiations of the ICC's Preparatory Commission and as an observer in the Assembly of States Parties; (3) provide diplomatic and legal assistance to U.S. citizens who face prosecution without full due process; and (4) undertake to ensure that no U.S. citizen will face prosecutions without due process. Declares that the United States shall not extradite U.S. citizens to the ICC under specified circumstances. Directs: (1) the United States, if a U.S. citizen is accused of a crime under the Rome Statute to the ICC, to investigate and prosecute the crime, with an exception; and (2) the President, if a case involving a U.S. citizen is found admissible, to use diplomatic and legal resources to ensure that such person receives due process and available exculpatory evidence. Sets forth various study and reporting requirements. Authorizes the United States to provide assistance to the ICC for the prosecution of accused war criminals. Directs the President to: (1) ensure that procedures are in place to prevent the transfer of classified national security information to the ICC, the United Nations, and other governments; and (2) certify, prior to submission of the Rome Statute to the Senate, that the ICC has established a demonstrated record of fair and impartial prosecution.
United States · United States Congress · 18 July 2001
Export Administration Act of 2001 - Directs the Secretary of Commerce to establish a Commerce Control List. Specifies the kinds of export licenses the Secretary may require with respect to the export of an item on the Control List or otherwise subject to control under this Act. Provides, under specified circumstances, that a license shall not be required for the export of after-market service or replacement parts. Authorizes the President to prohibit, curtail, or require a license, or other authorization for the export of an item subject to the national security export control regimes under this Act. Sets forth the purposes of such controls, including restriction on the export of items (including weapons of mass destruction) that would contribute to the military potential of countries so as to be detrimental to the national security of the United States. Requires the Secretary to establish a National Security Control List as part of the Control List. Requires the Secretary (on a continuing basis, upon a request from the Office of Technology Evaluation, or upon receipt of a petition filed by an interested party) to review and determine the foreign availability and the mass-market status of any item for export control under this Act. Authorizes the President, subject to specified exceptions, to prohibit, curtail, or require a license, other authorization, recordkeeping, or reporting for the export of an item subject to the foreign policy export control regimes under this Act. Requires a license for the export to a terrorist-supporting country of any item that could make a significant contribution to the country's military potential, or could enhance its ability to support acts of international terrorism. Requires a license for the export of crime control and detection instruments and equipment, with specified exceptions. Sets forth procedures for the processing of export license applications, including their screening, referral, approval or denial, and review. Declares it is U.S. policy to seek multilateral arrangements, and to continue to participate in existing and additional multilateral export control regimes, that: (1) support U.S. national security interests; and (2) establish fairer and more predictable competitive opportunities for U.S. exporters. Directs the President to issue regulations that, with specified exceptions, prohibit U.S. persons from supporting any boycott imposed by a foreign country against a country friendly to the United States that is not itself the object of a U.S. boycott. Sets forth both civil and criminal penalties for violations of this Act. Provides, with specified exceptions, for the imposition of certain sanctions against U.S. and foreign persons who violate a missile proliferation control regime, or contribute to the efforts of a country to develop or acquire chemical and biological weapons.
United States · United States Congress · 18 July 2001
Economic Revitalization Tax Act of 2001 - Amends Internal Revenue Code provisions concerning investment of earnings in U.S. property to set forth a separate rule governing any foreign corporation which is a controlled foreign corporation and is created or organized under the laws of, or engaged in the active conduct of a trade or business within, the Commonwealth of Puerto Rico or a possession of the United States. Provides that in the case of certain dividends received by a domestic corporation from such a corporation, there shall be allowed as a deduction an amount equal to 85 percent of such dividend. Establishes a safe harbor rule for certain transfers or licenses of intangible property to such a corporation.
United States · United States Congress · 17 July 2001
Training for Closed Captioners Act of 2001 - Directs the Secretary of Labor to provide grants to no more than 20 eligible entities (approved and accredited court reporting programs) to promote the training of students to become realtime closed captioners. Limits to $1 million the amount of a grant provided to an entity in a fiscal year.
United States · United States Congress · 12 July 2001
Medicare Vision Rehabilitation Services Act of 2001 - Amends title XVIII (Medicare) of the Social Security Act, as amended by the Medicare, Medicaid, and SCHIP Benefits Improvement and Protection Act of 2000, to provide for coverage of outpatient vision rehabilitation services under part B (Supplementary Medical Insurance) of the Medicare program.
United States · United States Congress · 28 June 2001
Urges the Government of Vietnam to: (1) allow freedom of religious belief and practice to all Montagnards; (2) return all traditional Montagnard lands that have been confiscated or encroached upon; (3) allow nongovernmental and international humanitarian organizations to deliver humanitarian assistance directly to Montagnards in their villages; (4) open up all parts of the Central Highlands to journalists and other observers; and (5) withdraw its security forces from Cambodia and stop hunting refugees. Commends: (1) the Royal Cambodian Government for its official policy of guaranteeing temporary asylum for Montagnards fleeing Vietnam and urges that Government to take specified measures, including providing security at sites where refugees are sheltered; (2) the officials and employees in Cambodia of the United Nations (UN) High Commissioner for Refugees and the UN Human Rights Center for their assistance to and advocacy on behalf of Montagnard asylum seekers and refugees; and (3) the Department of State for the assistance to and advocacy of Montagnard asylum seekers that have been provided by officials and employees of the U.S. Embassy in Phnom Penh. Urges the State Department to make clear to the Vietnamese Government that continued mistreatment of Montagnards and efforts to seek forcible repatriation of refugees and asylum seekers from Cambodia represent a grave threat to the normalization process between the Governments of the United States and Vietnam and a serious obstacle to any prospects for the future provision of U.S. assistance to that Government.
United States · United States Congress · 27 June 2001
High-Speed Rail Investment Act of 2000 - Amends the Internal Revenue Code to allow a limited tax credit to holders of qualified Amtrak bonds. Sets forth definitions, State contribution requirements, and other rules. Requires approval, by the Secretary of Transportation, of qualified Amtrak projects funded by such bonds.
United States · United States Congress · 26 June 2001
Patients' Bill of Rights Act of 2001 - Sets forth provisions concerning group health plans and health insurers and the provision of certain advice and care, including: (1) emergency care; (2) obstetric and gynecological care; (3) specialists care; (4) prescription drugs; (5) participation in approved clinical trials; and (6) health plan information. Amends the Employee Retirement Income Security Act of 1974, the Public Health Service Act, and the Internal Revenue Code to, among other things: (1) provide for review and appeal of health plan decisions; (2) provide penalties for health plans failing to provide benefits; (3) provide for patient protection standards; (4) repeal the limitation on the number of Archer Medical Savings Accounts and increase the deduction for contributions to such accounts; and (5) set forth rules governing association health plans.
United States · United States Congress · 26 June 2001
Amends Federal postal law to repeal the termination date of (thus making permanent) the U.S. Postal Service's authority to issue special postage stamps to help provide funding for breast cancer research.
United States · United States Congress · 19 June 2001
Amends the Internal Revenue Code respecting the Hope Scholarship Credit to: (1) extend coverage to fees, books, supplies, and equipment, and exempt such expenses from information reporting requirements; and (2) not reduce such Credit by Federal Pell Grant and Supplemental Educational Opportunity Grant amounts.
United States · United States Congress · 19 June 2001
Honors John J. Downing, Brian Fahey, and Harry Ford, who lost their lives in the course of duty as firefighters, and recognizes them for their bravery and sacrifice. Expresses condolences to their families. Pledges the support of the House of Representatives to continue to work on behalf of all of the Nation's firefighters who risk their lives every day to ensure the safety of all Americans.
United States · United States Congress · 13 June 2001
Renames the Technology Assessment Act of 1972 as the Office of Technology Assessment Reestablishment Act of 2001. Authorizes appropriations for the Office of Technology Assessment for FY 2002 through 2007.
United States · United States Congress · 13 June 2001
Trade Promotion Authority Act of 2001 - Sets forth the overall trade negotiating objectives of the United States for trade agreements (generally similar to the objectives of the Omnibus Trade and Competitiveness Act of 1988 (OTCA)), including to: (1) further strengthen the system of international trading disciplines and procedures, including dispute settlement; and (2) foster economic growth, raise living standards, and promote full employment in the United States and to enhance the global economy. Sets forth the principal U.S. negotiating objectives (generally similar to the principal OTCA negotiating objectives) regarding trade barriers and other trade distortions, trade in services, foreign investment, intellectual property, transparency, improvement of the World Trade Organization (WTO) and other multilateral and bilateral trade agreements, foreign regulatory practices, electronic commerce, reciprocal trade in agriculture, and WTO extended negotiations. Requires the United States Trade Representative (USTR) to consult closely with Congress during trade negotiations. Sets forth the authority of the President (generally similar to the authority under OTCA) to enter into trade agreements with foreign countries regarding tariff and non-tariff barriers. States that a trade agreement may be entered into (before June 1, 2005; or June 1, 2007, if trade authorities procedures (or fast-track procedures) are extended under this Act) only if it makes progress in meeting the overall and principal trade negotiating objectives, and the President satisfies certain notification and consultation requirements set forth in this Act, including submission of the agreement for assessment by the International Trade Commission. Applies trade authorities procedures to bills implementing trade agreements if they consist of: (1) a provision approving a trade agreement entered into under this Act, and approving any statement of administrative action; and (2) if changes in existing laws or new statutory authority are required to implement such agreements, provisions necessary to implement them, either repealing or amending existing laws or providing new statutory law. Authorizes both Houses of Congress to adopt, within 60 days of each other, a procedural disapproval resolution denying trade authorities procedures to any trade agreement if the President has failed or refused to notify or consult with Congress about it. Exempts from the notice and consultation requirements of this Act any tariff or nontariff agreement which results from negotiations commenced before enactment of this Act, and which: (1) is entered into under the auspices of the WTO regarding the rules of origin work program; (2) is entered into with Chile or Singapore; or (3) establishes a Free Trade Area for the Americas. Requires the appointment of a Congressional Oversight Group to serve as advisor to the U.S. delegation after the President notifies Congress of his intention to enter into the negotiation of any tariff or nontariff trade agreement. Requires the President to submit an implementation and enforcement plan at the same time a final text of any tariff or nontariff trade agreement is submitted to Congress.
United States · United States Congress · 7 June 2001
Medicare Medical Nutrition Therapy Amendment Act of 2001 - Amends title XVIII (Medicare) of the Social Security Act, as amended by the Medicare, Medicaid, and SCHIP Benefits Improvement and Protection Act of 2000, to provide coverage of medical nutrition therapy services for certain Medicare beneficiaries with cardiovascular diseases.
United States · United States Congress · 6 June 2001
Global Access to HIV/AIDS Prevention, Awareness, Education, and Treatment Act of 2001 - Amends the Foreign Assistance Act of 1961 to urge the United States and other developed countries, with respect to activities supported in connection with health programs, to provide assistance to sub-Saharan and other developing countries to control the human immunodeficiency virus and acquired immune deficiency syndrome (HIV/AIDS) pandemic through HIV/AIDS prevention, treatment, monitoring, and related activities. Authorizes the Administrator of the U.S. Agency for International Development (AID) to provide assistance through nongovernmental organizations to carry out such activities there. Directs the Administrator for AID to provide assistance to sub-Saharan African and other developing countries for the procurement of HIV/AIDS pharmaceuticals, anti-viral therapies, and other appropriate medicines and their distribution to qualified national, regional, or local organizations for the treatment of individuals with HIV/AIDS in accordance with appropriate HIV/AIDS testing and monitoring requirements and for the prevention of transmission of HIV/AIDS from mother to child. Provides for U.S. contributions to multilateral efforts to prevent, treat, and monitor HIV/AIDS in sub-Saharan African and other developing countries.
United States · United States Congress · 25 May 2001
First-Time Homebuyer Affordability Act of 2001 - Amends the Internal Revenue Code to make the tax on prohibited transactions inapplicable to a qualified home equity participation arrangement (one in which up to $10,000 in an individual retirement plan is used to acquire an ownership interest in a dwelling unit that is to be used as the principal residence for a first-time homebuyer). Requires such ownership interest to be a fee interest requiring full repayment. Defines "first-time homebuyer" as an individual on whose behalf an individual retirement plan is established (eligible participant) or a family member (child, parent, or grandparent) who had no present ownership interest in a principal residence during the two-year period before the date of the arrangement. Allows the use of amounts in an individual retirement plan to make loans of up to $10,000 to purchase a home for a first-time homebuyer on behalf of an eligible participant or a family member. Prohibits a related interest deduction.
United States · United States Congress · 24 May 2001
International Civil Rights Center and Museum Study Act of 2001 - Directs the Secretary of the Interior to study and report to specified congressional committees on the suitability and feasibility of designating the International Civil Rights Center and Museum located in Greensboro, North Carolina, as a National Park System unit.
United States · United States Congress · 24 May 2001
Trade Law Reform Act of 2001 - Amends the Trade Act of 1974 to repeal the requirement that the cause of serious injury (or threat) be substantial to the domestic industry producing an article like or directly competitive with an article that is being imported into the United States in such increased quantities with respect to the President's taking action to facilitate efforts by such industry to make a positive adjustment to the import competition. Defines "cause" to mean a cause that contributes significantly to serious injury (or threat) to the domestic industry but need not be equal to or greater than any other cause. Revises certain factors the International Trade Commission (ITC) must consider when investigating whether an imported article is a substantial cause of serious injury (or threat) to the related domestic industry. Repeals, similarly, the requirement that such injury be substantial. Amends the Tariff Act of 1930 to revise various factors that the ITC must consider in making material injury determinations in countervailing duty and antidumping duty proceedings. Directs the Secretary of Commerce to implement a steel import notification and monitoring program. Requires a person to have a steel import notification certificate before entering certain steel products into the United States. Authorizes certain entities or groups of workers which are representative of a domestic industry that produces an article like or directly competitive with an imported article to file a request to monitor such imports if serious injury to the domestic industry is caused or threatened. Applies this Act to goods from Canada and Mexico.