Free Market Protection Act of 2008 - Government-Sponsored Enterprises Free Market Reform Act of 2008 - Directs the Director of the Federal Housing Finance Agency (FHFA) to: (1) determine the financial viability of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government-sponsored enterprises or GSEs); (2) terminate the conservatorship of a GSE that is financially viable; or (3) appoint the FHFA as receiver for a GSE that is not financially viable. Amends the Housing and Community Development Act of 1992 to limit the mortgage assets held by a GSE upon its emergence from conservatorship, including an increase in its minimum capital requirements. Amends the Economic Stimulus Act of 2008 to repeal the temporary increase in conforming loan limits applicable to the GSEs. Prohibits the GSEs from purchasing mortgages that exceed the median area home price. Requires the GSEs to pay state and local taxes. Directs the Comptroller General to study and report to Congress on recoupment of costs for the federal guarantee regarding the GSEs. Requires the wind down of operations and dissolution of a GSE whose charter has not been renewed. Price Stability Act of 2008 - Amends the Federal Reserve Act to direct the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to: (1) establish an explicit numerical definition of "price stability"; and (2) maintain a monetary policy that promotes long-term price stability. Repeals the Full Employment and Balanced Growth Act of 1978 (Humphrey-Hawkins Act). Amends the Employment Act of 1946 and the Congressional Budget Act of 1974 to reflect the changes made by this Act. Amends the Internal Revenue Code to: (1) prescribe a temporary zero percent capital gains rate for individuals and corporations; (2) substitute an indexed basis for the adjusted basis of certain assets in order to determine gain or loss upon disposition; (3) provide a five-year carryback of certain losses for taxable years ending during 2007, 20008, and 2009; and (4) modify the deduction for dividends received from controlled foreign corporations. Directs the Securities and Exchange Commission to suspend the application of fair value reporting standards to troubled assets held by financial institutions. Directs the General Accountability Office to analyze and report to certain congressional committees on the effect of fair value accounting standards upon financial institutions. Makes the Secretary of the Treasury responsible to determine the terms of a program to insure payment of up to 100% of principal and interest on each mortgage-backed security held by a financial institution on or before September 24, 2008. Establishes a Mortgage-Backed Securities Fund. Treats gain or loss from the sale or exchange of preferred GSE stock by specified financial institutions as ordinary income or loss. Requires an officer of an institution to pay to the Department of the Treasury any funds received as incentive-based or equity-based compensation during a specified period before the year in which the institution is subject to government intervention.

Bill· HRH.R. 7169 (110th)referred

To amend Public Law 106-392 to extend the authorizations for the Upper Colorado and San Juan River Basin endangered fish recovery programs, and for other purposes.

United States · United States Congress · 26 September 2008

Extends the authorizations for the Upper Colorado and San Juan River Basin endangered fish recovery programs in Colorado, New Mexico, Utah, and Wyoming. Includes within the definition of: (1) "capital projects" rehabilitation and repair of facilities; and (2) "facilities" those for protection of critical habitat and for preventing entrainment of fish in water diversions.

Resolution· HCONRESH.Con.Res. 417 (110th)referred

Expressing the sense of the Congress that the 110th Congress should not adjourn until comprehensive energy legislation has been enacted.

United States · United States Congress · 16 September 2008

Declares that the 110th Congress should not adjourn until comprehensive energy legislation has been enacted into law that: (1) opens the Outer Continental Shelf (OCS), the Arctic National Wildlife Refuge (ANWR), and oil shale reserves to environmentally prudent exploration and extraction; (2) extends expiring renewable energy incentives; (3) encourages the streamlined approval of new refining capacity and nuclear power facilities, and advanced research and development of clean coal, coal-to-liquid, and carbon sequestration technologies; and (4) minimizes drawn out legal challenges that unreasonably delay or prevent actual domestic energy production.

Bill· HRH.R. 6896 (110th)referred

Timber Revitalization and Economic Enhancement Act II of 2008

United States · United States Congress · 15 September 2008

Timber Revitalization and Economic Enhancement Act II of 2008 - Amends the Internal Revenue Code to make permanent: (1) the reduction in the rate of tax on the net timber gain of corporations; and (2) rules for the treatment of timber real estate investment trust (REIT) gains, mineral royalty income, and prohibited transactions.

Bill· HRH.R. 6860 (110th)referred

Oil and Gas Lease Reform Act of 2008

United States · United States Congress · 10 September 2008

Oil and Gas Lease Reform Act of 2008 - Declares that no state environmental or pollution control law regulating the emission of pollutants or protecting human health or the environment shall apply to any activity under a lease for the exploration, development, or production of oil or natural gas on federal lands (including submerged lands), including any such state law expressly applicable to such activity under any other federal law. Amends the Federal Land Policy and Management Act of 1976 (FLPMA) to define "unnecessary or undue degradation," including: (1) surface or submerged disturbance greater than what would normally result when an activity is being accomplished by a prudent operator in usual, customary, and proficient operations of similar character and taking into considerations the effect of operations on other resources and land uses, including those resources and uses outside the area of operations; (2) failure to initiate and complete reasonable mitigation measures or to comply with applicable federal environmental statutes and regulations thereunder; or (3) failure to abide by the terms and conditions of an approved plan of operations and operations described in a complete notice. Amends the FLPMA, the Mineral Leasing Act, and the Outer Continental Shelf Lands Act to prohibit the Secretary of the Interior from suspending any lease for the exploration, development, or production of oil or natural gas, unless: (1) operations under the lease will present an imminent threat or harm to public safety or will significantly damage the public lands outside lease stipulations; or (2) the suspension is requested by the lessee. Prescribes requirements for review and termination of a suspension. Limits the requirement of the National Environmental Policy Act of 1969 (NEPA) for an environmental impact statement for a lease for oil or natural gas exploration, development, or production on federal lands to: (1) sale of the lease by the lessee; and (2) a single statement and a single review, upon lessee request, with respect to all plans and permits required for exploration, development, production, and construction of infrastructure to be carried out under the lease. Requires issuance of an exploration, development, or production permit if the Secretary determines that the comprehensive plan for the project complies with NEPA requirements. Prescribes appeals process, enforcement, and specified related requirements.

Bill· HRH.R. 6864 (110th)referred

To prohibit golden parachute payments for former executives and directors of Fannie Mae and Freddie Mac.

United States · United States Congress · 10 September 2008

Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended by the Federal Housing Finance Regulatory Reform Act of 2008, to require the Director of the Federal Housing Finance Agency to prohibit any golden parachute payment on or after enactment of this Act with respect to any executive officer or member of the board of directors of: (1) the Federal National Mortgage Association (Fannie Mae) and any affiliate; (2) Federal Home Loan Mortgage Corporation (Freddie Mac) and any affiliate; and (3) any Federal Home Loan Bank.

Bill· HRH.R. 6840 (110th)referred

For the relief of Arsen Mkrtchyan, Hrach Mkrtchyan, and Elmira Poghosyan.

United States · United States Congress · 8 September 2008

Provides for the relief of Arsen Mkrtchyan, Hrach Mkrtchyan, and Elmira Poghosyan.

Bill· HRH.R. 6788 (110th)referred

SCHIP Full Funding Extension Act of 2008

United States · United States Congress · 1 August 2008

SCHIP Full Funding Extension Act of 2008 - Amends title XXI (State Children's Health Insurance) (SCHIP) of the Social Security Act to extend through FY2012 funding under the SCHIP program, including additional allotments to maintain SCHIP funding for such fiscal years in shortfall states. Grants qualifying states the option to receive the enhanced portion of the SCHIP matching rate for Medicaid coverage of certain children.

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