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Official portrait of Sen. Gramm, Phil [R-TX]

Sen. Gramm, Phil [R-TX]

United States · Official source

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2,344 records where Sen. Gramm, Phil [R-TX] is listed as a sponsor, author, or other actor. Search with topics and years

Bill· SS. 1128 (106th)open

Estate Tax Elimination Act of 1999

United States · United States Congress · 26 May 1999

Estate Tax Elimination Act of 1999 - Amends the Internal Revenue Code to eliminate Federal estate, gift, and transfer taxes. Eliminates the step-up in basis with respect to property acquired from a decedent. Establishes the basis for qualifying property acquired from a decedent (carryover basis property) as the property's initial basis increased by its allowable share of the decedent's allowance, as provided for in this Act. Describes noncarryover basis property. Authorizes a limited tangible personal property exclusion. Provides an additional exclusion for family-owned businesses and farms. Makes a nonresident who is not a U.S. citizen ineligible for basis adjustment based upon a decedent's exclusion allowance. Establishes a binding procedure for determining the initial basis of carryover basis property. Requires an executor to provide the Secretary of the Treasury and each beneficiary with specified carryover basis property information. Sets forth related noncompliance penalties.

Bill· SS. 1070 (106th)referred

SENSE Act

United States · United States Congress · 18 May 1999

Sensible Ergonomics Needs Scientific Evidence Act - SENSE Act - Prohibits the Secretary of Labor from promulgating, through the Occupational Safety and Health Administration, any standard, regulation, or guideline on ergonomics until 30 days after the National Academy of Sciences reports to Congress on a completed, peer-reviewed scientific study of the available evidence examining a cause and effect relationship between repetitive tasks in the workplace and musculoskeletal disorders or repetitive stress injuries.

Bill· SS. 1057 (106th)referred

Real Estate Investment Trust Modernization Act of 1999

United States · United States Congress · 14 May 1999

Real Estate Investment Trust Modernization Act of 1999 - Title I: Treatment of Income and Services Provided by Taxable REIT Subsidiaries - Excludes taxable REIT subsidiaries (TRSs) from the five and ten percent asset tests. Allows TRSs to provide non-customary tenant services. Allows a REIT to establish a TRS (as defined). Includes in the definition of "disqualified interest" (Sec. 163 of the IRC) any interest paid or accrued by a TRS to the REIT. Imposes a 100 percent tax on any interest payments by a TRS to the REIT in excess of the commercially reasonable interest rate. Title II: Health Care REITs - Includes within the definition of the term "foreclosure property" any qualified health care property acquired by a REIT as the result of the termination of a lease of such property. Title III: Conformity With Regulated Investment Company Rules - Changes the distribution requirement from 95 percent to 90 percent. Title IV : Clarification of Definition of Independent Contractor - Provides, with respect to the definition of an independent contractor, that in the event that any class of stock of is regularly traded on an established securities market, only owners who own, directly or indirectly, more than five percent of such class of stock shall be taken into account as owning any of the stock of such class for purposes of applying the 35 percent limitation. Title V: Modification of Earnings and Profits Rules - Provides rules for determining whether a Regulated Investment Company (RIC) has earnings and profits form a non-RIC year.

Bill· SS. 1042 (106th)open

Domestic Energy Production Security and Stabilization Act

United States · United States Congress · 13 May 1999

Domestic Energy Production Security and Stabilization Act - Amends the Internal Revenue Code to set forth provisions relating to domestic oil and gas production which, among other things: (1) establish a credit for producing oil and gas from marginal wells; (2) make the depreciation adjustment inapplicable to oil and gas assets; and (3) permit a taxpayer to expense geological and geophysical expenditures and to delay rental payments in connection with oil and gas development.

Bill· SS. 1028 (106th)referred

Citizens Access to Justice Act of 1999

United States · United States Congress · 13 May 1999

Citizens Access to Justice Act of 1999 - Authorizes a property owner to file a civil action to challenge the validity of any Federal agency action as a violation of the Fifth Amendment in a district court or the United States Court of Federal Claims (claims court). (Sec. 5) Grants the district court and the claims court concurrent jurisdiction over both claims for monetary relief and claims seeking invalidation of any Act of Congress or any regulation of a Federal agency affecting private property rights. Authorizes the plaintiff to elect to file an action under this section in a district court or the claims court. Waives sovereign immunity of the United States regarding such an action. Sets a six-year statute of limitation from the date of the taking of private property. Authorizes the court to award costs, including reasonable attorney's fees, to any prevailing plaintiff. (Sec. 6) Grants the claims court the power to grant injunctive and declaratory relief when appropriate, as well as supplemental jurisdiction (concurrent with designated courts) to render judgment upon any related tort claim. Specifies that any claim brought herein to redress the deprivation of a right or privilege to use and enjoy real property as secured by the Constitution shall be ripe for adjudication upon a final decision rendered by the United States that causes actual and concrete injury to the party seeking redress. Amends the Federal judicial code to grant the district courts original jurisdiction, concurrent with the claims court, of any civil action filed under this Act. Sets forth provisions regarding district court civil rights jurisdiction. (Sec. 7) Authorizes recovery of attorney's fees and costs in a civil action for deprivation of rights where a takings claim is not substantially justified, with exceptions. Requires the district court to decide any motion to dismiss in such an action on an expedited basis. (Sec. 8) Prohibits a party seeking redress in such an action for a taking of real property without the payment of compensation from commencing an action in district court before 60 days after the date on which written notice has been given to any potential defendant. (Sec. 9) Requires a Federal agency that takes an agency action limiting the use of private property that may be affected by this Act to give notice to the owners of that property explaining their rights, and the procedures for obtaining any compensation that may be due to them, under this Act.

Resolution· SRESS.Res. 94 (106th)passed

A resolution commending the efforts of the Reverend Jesse Jackson to secure the release of the soldiers held by the Federal Republic of Yugoslavia.

United States · United States Congress · 4 May 1999

Commends the Reverend Jesse Jackson for securing the release of Sergeant Andrew A. Ramirez, Sergeant Christopher J. Stone, and Specialist Steven M. Gonzales, who were taken prisoner by the armed forces of the Federal Republic of Yugoslavia while on patrol along the Macedonia- Yugoslav border.

Bill· SS. 915 (106th)referred

A bill to amend title XVIII of the Social Security Act to expand and make permanent the medicare subvention demonstration project for military retirees and dependents

United States · United States Congress · 29 April 1999

Increases the number of authorized sites for the Medicare subvention demonstration project for certain Medicare-eligible military retirees and their dependents (a project established by the Balanced Budget Act of 1997 under title XVIII (Medicare) of the Social Security Act). Provides for the future repeal of the limitation on the number of such sites (thus allowing the project to be conducted at any site designed by the Secretary of Health and Human Services and the Secretary of Defense acting jointly). Makes the project permanent. Makes further changes regarding the project, permitting payment under it to be made on a fee-for-service basis for certain Medicare-eligible eligible military retirees and their dependents not enrolled in the project, and eliminating certain restrictive project participation policy. Applies to certain Medigap (Medicare supplemental health insurance policy) enrollees the same protections (prohibitions against issuer discrimination) as apply to enrollment (and termination of enrollment) with a Medicare+Choice organization in a Medicare+Choice plan under Medicare part C (Medicare+Choice).

Bill· SS. 924 (106th)open

Federal Royalty Certainty Act

United States · United States Congress · 29 April 1999

Federal Royalty Certainty Act - Amends the Outer Continental Shelf Lands Act and the Mineral Leasing Act regarding oil and gas leases to provide that royalty payments due: (1) in value shall be based upon the value of oil or gas production at the lease in marketable condition; and (2) in amount shall be based upon the royalty share of production at the lease. Provides that if payments in value or amount are calculated from a point away from the lease the lessee shall be allowed reimbursements at a reasonable commercial rate for certain services beyond the lease through the point of disposition or delivery.

Bill· SS. 928 (106th)referred

Partial-Birth Abortion Ban Act of 1999

United States · United States Congress · 29 April 1999

Partial-Birth Abortion Ban Act of 1999 - Amends the Federal criminal code to prohibit any physician from knowingly performing a partial-birth abortion in or affecting interstate or foreign commerce, unless it is necessary to save the life of the mother. Prescribes penalties. Defines a "partial birth abortion" as an abortion in which a person, deliberately and intentionally, partially vaginally delivers a living fetus before killing the fetus and completing the delivery. Authorizes the father, if married to the mother at the time of the abortion, and the maternal grandparents of the fetus, if the mother is under 18 years of age, to obtain specified relief in a civil action, unless the pregnancy resulted from the plaintiff's criminal conduct or the plaintiff consented to the abortion. Authorizes a defendant accused of an offense under this Act to seek a hearing before the State Medical Board on whether the physician's conduct was necessary to save the life of the mother. Prohibits the prosecution of a woman upon whom a partial-birth abortion is performed for conspiracy to violate this Act or under provisions regarding punishment as a principal or an accessory or for concealment of a felony.

Bill· SS. 912 (106th)referred

Border Patrol Recruitment and Retention Act of 1999

United States · United States Congress · 29 April 1999

Border Patrol Recruitment and Retention Act of 1999 - Increases certain GS-9 Border Patrol agents with one year's successful service to a GS-11 classification and pay scale. Directs the Commissioner of the Immigration and Naturalization Service to establish within the Immigration and Naturalization Service an Office of Border Patrol Recruitment and Retention. Authorizes appropriations.

Law· SS. 900 (106th)enacted

Gramm-Leach-Bliley Act

United States · United States Congress · 28 April 1999

TABLE OF CONTENTS: Title I: Facilitating Affiliation Among Banks, Securities Firms, and Insurance Companies Subtitle A: Affiliations Subtitle B: Streamlining Supervision of Bank Holding Companies Subtitle C: Activities of National Banks Subtitle D: National Treatment of Foreign Financial Institutions Title II: Insurance Customer Protections Title III: Regulatory Improvements Title IV: Federal Home Loan Bank System Modernization Title V: Functional Regulation of Brokers and Dealers Title VI: Unitary Savings and Loan Holding Companies Financial Services Modernization Act of 1999 - Title I: Facilitating Affiliation Among Banks, Securities Firms, and Insurance Companies - Subtitle A: Affiliations - Amends the Banking Act of 1933 (Glass-Steagall Act) to repeal prohibitions: (1) against affiliation of any Federal Reserve member bank with an entity engaged principally in securities activities (securities affiliate); and (2) against simultaneous service by any officer, director, or employee of a securities firm as an officer, director, or employee of any member bank (interlocking directorates). (Sec. 102) Amends the Bank Holding Company Act of 1956 (BHCA) to permit a bank holding company (BHC) to engage in any activity or to acquire the shares of any company whose activities have been determined by the Board of Governors of the Federal Reserve System (the Board) to be either financial in nature, or incidental to financial activities. Prescribes guidelines governing consultation and coordination between the Board and the Department of the Treasury to determine the financial nature of such activities. Prohibits such financial activities unless all insured BHC subsidiary depository institutions are well capitalized and well- managed, and the BHC has certified that they meet certain Board standards. Instructs the Board to apply comparable capital and management standards to a foreign bank that operates a branch or agency, or owns or controls a commercial lending company in the United States, giving due regard to the principle of national treatment and equality of competitive opportunity. Cites circumstances under which certain companies that become BHCs after enactment of this Act are authorized to continue their commodities transactions and affiliations. Amends the BHCA to exempt from its prohibition against interests in nonbanking organizations the shares of any company whose activities had been determined by the Board, as of the day before enactment of this Act, to be so closely related to banking as to be a proper incident thereto. (Sec. 104) Retains the McCarran-Ferguson Act as the law of the United States. Proscribes any State laws which impede or restrict insurance sales activities by an insured depository institution. Enumerates permissible State restrictions upon certain insurance sales practices conducted by insured depository institutions. Preserves certain State regulatory oversight over insurance. Preempts certain State affiliation laws governing insurance companies and affiliates. Exempts short-term motor vehicle leases or rentals from mandatory insurance licensing requirements. Subtitle B: Streamlining Supervision of Bank Holding Companies - Prohibits the Board from imposing any capital or capital adequacy criteria upon a BHC subsidiary that is not an insured depository institution, but is either in compliance with State or Federal capitalization rules, or is registered under the Investment Advisers Act of 1940. Prohibits the Board, in developing capital adequacy requirements, from taking into consideration any affiliated investment company which is neither a BHC nor controlled by one holding 25 percent or more shares of the investment company worth more than $1 million. Subjects securities and insurance activities conducted by a functionally regulated subsidiary of a bank to the jurisdiction of the Securities and Exchange Commission and State regulatory authorities. (Sec. 112) Declares ineffective and non-enforceable any Board actions requiring an insurance company BHC or a registered securities broker-dealer BHC to provide assets to an insured depository institution subsidiary if either the State insurance authority, or the SEC, determines in writing that such actions would have a material adverse effect on the BHC's financial condition. Permits the Board to order divestiture of the subsidiary in lieu of other action. (Sec. 113) Prohibits the Board from taking certain statutory action against a functionally regulated BHC subsidiary unless it is necessary to prevent or redress an unsafe or unsound practice, or breach of fiduciary duty that poses a material risk to the financial safety, soundness or stability of either an affiliated depository institution, or to the domestic or international payment system. (Sec. 114) Denies a Federal banking agency examination authority over a registered investment company that is neither a BHC nor a savings and loan holding company. Grants the Federal Deposit Insurance Corporation (FDIC) examination authority over an affiliate of an insured depository institution if the FDIC finds it necessary to determine the condition of the insured depository institution for insurance purposes. (Sec. 115) Declares that BHCA restrictions upon Board authority over BHCs and their functionally regulated subsidiaries also limit the authority of a Federal banking agency with respect to such companies and their subsidiaries. (Exempts the FDIC from such proscription in the exercise of its insurance oversight.) (Sec. 116) Prescribes guidelines under which the Board, a Federal banking agency, and a state insurance regulator may, upon request, exchange certain financial status information concerning a BHC in control of a company engaged in insurance activities (including a relationship between an insurance company and any affiliated depository institution). (Sec. 117) Amends the Federal Deposit Insurance Act (FDIA) to prohibit the use of the Bank Insurance Fund (BIF) and the Savings Association Insurance Fund (SAIF) to benefit any shareholder, subsidiary, or nondepository affiliate. Subtitle C: Activities of National Banks - Amends Federal banking law to provide that limitations placed on securities transactions by a national banking association for its own account do not apply to State, local, or municipal bond transactions by a well-capitalized national banking association. (Sec. 122) Delineates conditions under which a national bank may control or hold an interest in a financial subsidiary. Amends the Federal Reserve Act to set forth statutory parameters for transactions between national banks, their financial subsidiaries, and nonbank affiliates. (Sec. 123) Permits a national bank to control or hold an interest in a company that engages in agency activities that have been deemed permissible for national banks if the company transacts such activities solely as agent and not as principal. (Sec. 124) Revises Federal criminal law to subject an institution- affiliated party to criminal sanctions for fraudulent misrepresentations concerning financial institution liability for obligations of such affiliate. (Sec. 125) Permits a national bank and its subsidiaries to provide insurance in a State as principal only in accordance with the Revised Statutes of the United States (as amended by this Act). Exempts authorized insurance products from such statutory parameters. Subtitle D: National Treatment of Foreign Financial Institutions - Amends the International Banking Act of 1978 (IBA) to terminate the grandfathered authority of a foreign bank or company to conduct specified activities if it files a certain BHCA declaration pertaining to interests in nonbanking organizations. Authorizes the Board to: (1) place restrictions upon a foreign bank or company comparable to those imposed upon a domestic counterpart if such entity has not timely filed a BHCA declaration regarding its status as a bank holding company; or (2) conduct examinations of a foreign bank or company in order to enforce compliance with Federal banking law. Title II: Insurance Customer Protections - Declares that the States shall functionally regulate the insurance activity of any person or entity, subject to the requirements of this Act. (Sec. 201) Amends the FDIA to require each Federal banking agency to promulgate insurance customer protection regulations which address: (1) sales practices; (2) disclosures and advertising; (3) antitying and anticoercion prohibitions relating to credit practices; (4) separation of banking and nonbanking activities (including physical segregation of banking activities from insurance product activities). Sets forth Federal preemption guidelines and Federal and State dispute resolution procedures. Title III: Regulatory Improvements - Amends the FDIA and the Deposit Insurance Funds Act of 1996 to eliminate the Special Reserve of the SAIF and of the Deposit Insurance Fund (DIF) (established to provide emergency funds if the reserve ratio of either fund remains below 50 percent of its designated ratio for one year). (Sec. 302) Directs the Comptroller General to study and report to Congress on the impact upon community banks of specified possible revisions to rules governing S corporations. (Sec. 303) Deems an insured depository institution rated "satisfactory" or better in its most recent examination (including each examination in the immediately preceding 36-month period) to be in compliance with the Community Reinvestment Act (CRA) until completion of a subsequent regularly scheduled examination. Places the burden of proving the substantial verifiable nature of information alleging CRA noncompliance upon the party filing such information. (Sec. 305) Amends the BHCA concerning interests in nonbanking organizations to repeal limitations, including cross marketing restrictions, placed on banks which are controlled by certain banks not statutorily treated as BHCs. Redefines "permissible overdrafts." Prescribes procedures under which certain companies may avoid mandatory divestiture of banks under their control upon: (1) cessation of noncompliant conditions; and (2) implementation of procedures to avoid their reoccurrence. (Sec. 306) Mandates a "plain language" requirement for the promulgation of Federal agency banking rules. (Sec. 307) Amends Federal law to declare that any depository institution whose charter is converted from that of a Federal savings association to a national bank or a State bank after enactment of this Act may retain the term "Federal" in its name so long as it remains an insured depository institution. (Sec. 308) Exempts from CRA purview a community financial institution located in a non-metropolitan area whose aggregate assets do not exceed $100 million. (Sec. 309) Amends the Federal Power Act to cite circumstances under which its proscriptions against interlocking directorates (enacted to address abuses of interlocking directorates) are inapplicable to a person that holds or proposes to hold the positions of an officer or director of: (1) a public utility; and (2) a bank, trust company, banking association, or firm authorized to underwrite or participate in the marketing of securities of a public utility. (Sec. 311) Expresses the sense of the Congress that: (1) the States should implement uniform insurance agent and broker licensing requirements that result in a fully reciprocal licensing system, and eliminate requirements that have the effect of discriminating against non-resident insurance agents or brokers; (2) if the States fail to do so, Congress should take steps to rectify certain duplicative requirements among the States relating to insurance licensing, administration, and anticompetitive provisions; and (3) the National Association of Insurance Commissioners should supervise and exercise oversight over any entity congressionally established to rectify such problems. TITLE IV: Federal Home Loan Bank System Modernization - Federal Home Loan Bank System Modernization Act of 1999 - Amends the Home Owners' Loan Act (HOLA) to expand Federal Home Loan Bank (FHLB) membership parameters to make a Federal savings association's membership in the FHLB system voluntary instead of mandatory. Amends the Federal Home Loan Bank Act (FHLBA) to permit any member to withdraw if the Federal Housing Finance Board (FHFB) certifies that such withdrawal will not cause the FHLB system to fail to meet its obligation to contribute to the debt service for obligations of the Resolution Funding Corporation. (Currently such withdrawal is prohibited). (Sec. 404) Expands parameters governing long-term advances to: (1) include advances to any community financial institution for small businesses, small farms, and small agri-businesses; (2) state that FHLB cash (as well as, currently, deposits) are eligible collateral for securing a bank's interest in a loan or advance; and (3) repeal the 30 percent capital cap on the aggregate amount of outstanding advances that are secured by real estate related collateral. States that, in the case of any community financial institution, the collateral that is eligible for an FHLB loan includes secured loans for small business, agriculture, or securities representing a whole interest in secured loans. Authorizes an FHLB to renew certain advances on its own determination without concurrence by the FHFB. Requires an FHLB member with an advance secured by insufficient eligible collateral to reduce its level of outstanding advances according to a schedule determined by the FHLB (instead of, as currently, by the FHFB). Authorizes such Board to: (1) review the collateral standards applicable to each FHLB for designated classes of collateral; and (2) require an increase in such standards for safety and soundness purposes. (Sec. 405) Revises eligibility criteria to permit certain community financial institutions to gain FHLB membership regardless of the percentage of total assets represented by residential mortgage loans. (Sec. 406) Amends the FHLBA to increase from two years to four years the term of an elective director of a Federal home loan bank. Repeals the mandates for: (1) a procedure for informal review of certain supervisory decisions; and (2) the Housing Opportunity Hotline program. Repeals: (1) the prohibition against an FHLB's acquisition, without prior FHFB approval, of a bank building by purchase or an over-ten-year lease; (2) the requirement for FHFB approval of personnel decisions as well as the exercise of corporate powers by any FHLB; and (2) authorization for an FHLB president to be a member of the FHLB board. Grants the FHFB power to: (1) issue charges upon an FHLB or any executive officer or director for violation of law or regulation in connection with the granting of any application or other request by the bank, or any written agreement between the bank and the FHFB, and take affirmative action to correct conditions resulting from violations or practices, or to limit FHLB activities; and (2) sue and be sued. Repeals FHFB jurisdiction to approve the granting by an FHLB of a member's application to secure an advance. Revises guidelines governing reserves and dividends to permit dividend payments out of previously retained earnings or current net earnings (currently, only out of net earnings). Repeals the requirement for: (1) FHFB approval for such dividend payments; and (2) investment of FHLB reserves exclusively in U.S. obligations or certain other Federal Government-related securities. (Sec. 407) States that FHLB payments to the Resolution Funding Corporation to cover interest payments on obligations shall be a specified percentage of net earnings (currently an aggregate sum certain). (Sec. 408) Instructs the Comptroller General to study and report to Congress on possible revisions to the capital structure of the FHLB System and their possible impact upon the System's operations and a specified statutory obligation. Title V: Functional Regulation of Brokers and Dealers - Amends the Securities Exchange Act of 1934 to include: (1) certain bank activities within the definition of "broker" and "dealer" (thus subjecting them to registration requirements and regulation under such Act); and (2) a qualified Canadian government obligation within the definition of "government security". Title VI: Unitary Savings and Loan Holding Companies - Amends HOLA to declare specified restrictions inapplicable to certain unitary savings and loan holding companies in existence on or before a specified deadline, or whose applications were either filed or pending before such deadline. (Thus prohibits establishment of new unitary savings and loan holding companies.

Bill· SS. 875 (106th)referred

Small Business and Financial Institutions Tax Relief Act of 1999

United States · United States Congress · 26 April 1999

Small Business and Financial Institutions Tax Relief Act of 1999 - Amends the Internal Revenue Code with respect to subchapter S corporations (small businesses which do not pay corporate income taxes, and whose earnings are passed through to the shareholders where income taxes are paid) and subchapter C corporations (which do pay corporate income taxes on earnings, and whose shareholders pay income taxes again on those same earnings when they pass through as dividends). (Sec. 2) Permits S corporation eligible shareholders to include individual retirement accounts (IRAs). Exempts from prohibited transaction rules any sale of stock in an IRA pursuant to a small business corporation's election to be an S corporation. (Sec. 3) Excludes from the definition of passive income for purposes of S status termination any interest income earned by or dividends on assets required to be held by a bank, a bank holding company, or a qualified subchapter S subsidiary bank. (Sec. 4) Increases from 75 to 150 the maximum number of shareholders a small business organization may have to be eligible to elect S corporation treatment. (Sec. 5) States that stock held by a bank director as required by banking regulations (director qualifying stock) shall not be considered a disqualifying second class of S corporation stock. (Sec. 6) Directs the Secretary of the Treasury to modify a certain regulation to permit an S corporation bank to treat certain bad debt deductions as built-in losses during the entire period during which the bank recognized built-in gains from changing its accounting method for recognizing bad debts from the reserve method to the charge-off method. (Sec. 7) Includes all banks within the three-year deduction preference rule. (Sec. 8) Repeals the current requirement that partnership rules apply to S corporations (and two- percent shareholders in such corporations) for fringe benefit purposes. Applies current special corporation) rules for health insurance costs of self-employed individuals to two-percent shareholders in S corporations, except that a two-percent shareholder's wages shall be treated as self-employed earned income. (Thus provides that non-health care related fringe benefits such as group-term life insurance will be excludible from such wages, and not taxed.) (Sec. 9) Makes family limited partnerships eligible to be S corporation shareholders. (Sec. 10) Permits the issuance of qualified preferred stock, which shall not be treated as second class stock. Makes any distribution (not in payment in exchange for stock) made by an S corporation with respect to qualified preferred stock includible as ordinary income of the holder and deductible to the corporation as an expense. (Sec. 11) Reduces from 100 percent to 90 percent the percentage of shares held by shareholders necessary for consent to election by a small business organization to be an S corporation. Prescribes rules for such consent. (Sec. 12) Revises exceptions to the criteria for the treatment of certain wholly owned subchapter S subsidiaries with reference to required information returns.

Bill· SS. 756 (106th)referred

A bill to provide adversely affected crop producers with additional time to make fully informed risk management decisions for the 1999 crop year.

United States · United States Congress · 25 March 1999

Directs the Federal Crop Insurance Corporation to provide a 14-day extension period, not to extend beyond April 12, 1999, for agricultural producers who applied for spring 1999 supplemental crop insurance endorsement (Crop Revenue Coverage PLUS) in order to: (1) obtain equivalent coverage from another approved provider; or (2) transfer to an approved provider any federally reinsured coverage provided by the PLUS provider.

Bill· SS. 676 (106th)referred

A bill to locate and secure the return of Zachary Baumel, a citizen of the United States, and other Israeli soldiers missing in action.

United States · United States Congress · 22 March 1999

Requires the Secretary of State to raise the matter of Zachary Baumel (a U.S. citizen), Yehuda Katz, and Zvi Feldman with the appropriate government officials of Syria, Lebanon, the Palestinian Authority, and with other governments in the region and elsewhere which in the Department's view may be helpful in locating and securing the return of these soldiers. Urges decisions with regard to U.S. economic and other forms of assistance to such countries and U.S. policy towards these governments and authorities to take into consideration their willingness to assist in locating and securing the return of such soldiers. Requires the Secretary to report to specified congressional committees on her consultations with the appropriate governments and any changes in U.S. policies.

Resolution· SRESS.Res. 71 (106th)referred

A resolution expressing the sense of the Senate rejecting a tax increase on investment income of certain associations.

United States · United States Congress · 22 March 1999

Declares that it is the sense of the Senate that Congress should reject the President's proposed tax increase on the investment income of non-profit trade associations and professional societies like business leagues, chambers of commerce, real-estate boards, boards of trade, and certain professional football leagues.

Bill· SS. 666 (106th)referred

African Growth and Opportunity Act

United States · United States Congress · 18 March 1999

TABLE OF CONTENTS: Title I: Trade Policy for Sub-Saharan Africa Title II: International Financial and Foreign Relations Policy for Sub-Saharan Africa African Growth and Opportunity Act - Declares the support of the Congress for the economic self-reliance of sub-Saharan African countries committed to economic and political reform, market incentives and private sector growth, eradication of poverty, and the importance of women to economic growth and development. (Sec. 4) Makes a sub-Saharan African country eligible to participate in programs, projects, or activities, or receive assistance or other benefits under this Act if the President determines, according to specified evidence, that it does not engage in gross violations of internationally recognized human rights, and has established, or is making continual progress toward establishing, a market-based economy. Directs the President to monitor and review the progress of sub-Saharan African countries to determine their current or potential eligibility under the requirements of this Act. Makes ineligible to participate in programs or receive assistance or other benefits under this Act any countries that have not made progress in meeting such requirements. Title I: Trade Policy For Sub-Saharan Africa - Directs the President to convene annual high-level meetings between U.S. Government officials and officials of the governments of sub-Saharan African countries to foster close economic ties between them. Directs the President to establish a United States-Sub-Saharan Africa Trade and Economic Cooperation Forum, which shall, among other things, encourage joint ventures between small and large businesses. Directs the United States Information Agency (USIA), in order to assist the Forum, to disseminate economic information in support of the free market economic reforms contained in this Act. Authorizes appropriations (but with a bar on the use of funds to create or support any nongovernmental organization whose aim is to facilitate trade between the United States and sub-Saharan Africa). (Sec. 102) Directs the President to develop a plan meeting certain requirements to enter into one or more trade agreements with certain eligible sub-Saharan African countries to establish a United States-Sub-Saharan Africa Free Trade Area. (Sec. 103) Expresses the sense of the Congress that reform of trade policies in sub-Saharan Africa that removes structural impediments to trade, consistent with the World Trade Organization (WTO), can lay the groundwork for sustained growth there in both textile and apparel exports. Directs the United States, pursuant to the Agreement on Textiles and Clothing, to eliminate the existing quotas on textile and apparel exports to the United States from Kenya and Mauritius, provided they adopt a visa system to guard against the unlawful transshipment of such goods and the use of counterfeit documents. Directs the President to: (1) continue the existing no quota policy for sub-Saharan African countries; and (2) report to the Congress on the growth in textiles and apparel exports to the United States from such countries in order to protect U.S. consumers, workers, and textile manufacturers from economic injury on account of the no quota policy. Sets forth enforcement procedures (including penalties) for violations of the requirements contained in this Act. (Sec. 104) Amends the Trade Act of 1974 to authorize the President to provide duty-free treatment for any non-import-sensitive article that is the growth, product, or manufacture of an eligible sub-Saharan African beneficiary developing country. Waives the competitive need limitation with respect to eligible countries in sub-Saharan Africa. Extends duty-free treatment to sub-Saharan African beneficiary developing countries through June 30, 2009. (Sec. 105) Directs the President to establish the position of Assistant United States Trade Representative for African Affairs within the Office of the United States Trade Representative to direct and coordinate interagency activities on U.S.-Africa trade policy and investment matters. (Sec. 106) Directs the President to report to Congress on U.S. trade and investment policy for sub-Saharan Africa and on implementation of this Act. Title II: International Financial and Foreign Relations Policy For Sub-Saharan Africa - Expresses the sense of the Congress that: (1) the Secretary of the Treasury should instruct the U.S. Executive Directors of specified international financial institutions to use their votes to encourage their institutions to develop enhanced mechanisms which further economic and trade reforms and deep debt reduction under the Heavily Indebted Poor Countries (HIPC) debt initiative in eligible sub-Saharan African countries; and (2) relief provided to such countries under the HIPC debt initiative should primarily be made through grants rather than through extended-term debt, with interim financing for eligible countries that establish a strong record of macroeconomic reform. (Sec. 202) Expresses the sense of the Congress that the stated policy of the executive branch in the 1997 Partnership for Growth and Opportunity in Africa initiative is a step toward the establishment of a comprehensive trade and development policy for sub-Saharan Africa and is a companion to the policy goals set forth in this Act. Directs the President, in addition to continuing bilateral and multilateral economic and development assistance, to target technical assistance toward: (1) developing relationships between U.S. firms and firms in sub-Saharan Africa; (2) providing assistance to sub-Saharan African countries to liberalize trade and promote exports, bring their regimes into compliance with WTO standards, make financial and fiscal reforms, and promote greater agribusiness linkages; (3) addressing critical agricultural policy issues as market liberalization, agricultural export development, and agribusiness investment in processing and transporting agricultural commodities; (4) increasing the number of reverse trade missions to growth-oriented sub-Saharan African countries; (5) increasing trade in services; and (6) encouraging greater sub-Saharan participation in future WTO negotiations on services and making further commitments in their schedules to the General Agreement on Trade in Services in order to encourage the removal of tariff and nontariff barriers. (Sec. 203) Expresses the sense of the Congress that the Overseas Private Investment Corporation (OPIC) should exercise its authorities to initiate, in addition to any existing fund, an equity infrastructure fund or funds in support of projects in sub-Saharan African countries, particularly projects that expand opportunities for women entrepreneurs and employment for the poor. (Sec. 204) Amends the Foreign Assistance Act of 1961 to direct the Board of Directors of OPIC to increase financial assistance in sub-Saharan Africa. Amends the Export-Import Bank Act of 1945 to make similar changes with respect to the Export-Import Bank of the United States. (Sec. 205) Directs the Secretary of Commerce, subject to the availability of appropriations, to take steps to ensure that at least 20 full-time U.S. and Foreign Commercial Service employees are stationed in sub-Saharan Africa, including that full-time Service employees are stationed in not less than ten different sub-Saharan African countries. Directs the Service to take specified action to encourage the export of U.S. goods and services to sub-Saharan African countries. (Sec. 206) Expresses the sense of the Congress that, to the extent appropriate, the U.S. Government should make every effort to donate to governments of eligible sub-Saharan African countries air traffic control equipment that is no longer in use, including appropriate related reimbursable technical assistance for such equipment.

Bill· SS. 658 (106th)referred

Drug Free Borders Act of 1999

United States · United States Congress · 18 March 1999

TABLE OF CONTENTS: Title I: Authorization of Appropriations for United States Customs Service for Enhanced Inspection, Trade Facilitation, and Drug Interdiction Title II: Customs Performance Report Drug Free Borders Act of 1999 - Title I: Authorization of Appropriations for United States Customs Service for Enhanced Inspection, Trade Facilitation, and Drug Interdiction - Amends the Customs Procedural Reform and Simplification Act of 1978 to authorize appropriations for FY 2000 and 2001 for the United States Customs Service for: (1) noncommercial and commercial operations; and (2) the air and marine interdiction program. Requires the Commissioner of Customs to submit to specified congressional committees a projected budget for the succeeding fiscal year (out-year). (Sec. 102) Earmarks amounts for: (1) the acquisition and deployment of narcotics detection equipment (including maintenance and support of such equipment, training of personnel, and new technologies) along the United States-Mexico border, the United States-Canada border, and Florida and the Gulf Coast seaports; (2) additional inspectors, canine enforcement officers, special agents, and enhanced investigative resources during peak hours along such borders (including the Bahamas); and (3) air and marine drug interdiction operation and maintenance. (Sec. 105) Requires the Commissioner of Customs, as part of the annual program activity performance plan set forth in the Customs Service budget, to establish performance goals and performance indicators, and comply with certain other requirements with respect to such border activities. (Sec. 106) Changes the basic pay rate of the Commissioner from level IV to level III of the Executive schedule. (Sec. 107) Directs the Customs Service, without regard to whether a passenger processing fee is collected from a person departing for the United States from Canada and without regard to whether funds are appropriated, to provide the same level of enhanced preclearance customs services for passengers arriving in the United States aboard commercial aircraft originating in Canada as the Customs Service provided for such passengers during FY 1997. Authorizes appropriations. Title II: Customs Performance Report - Directs the Commissioner of Customs to report to the appropriate congressional committees with respect to: (1) identification of enforcement priorities and trade facilitation objectives, including the reasons for selecting the objectives contained in its most recent performance plan covering each of its programs; (2) a review of the Customs Service's implementation of the Customs Modernization Act and a summary of the results of the reviews of industry-wide compliance assessments conducted by it as part of its compliance initiative; (3) proposals for improvement of the commercial operations of the Customs Service; (4) a review of Customs Service enforcement responsibilities; (5) a comprehensive strategy for the Customs Service role in the U.S. drug interdiction efforts; (6) the identification of ways to expand cooperation with U.S. importers and customs brokers, U.S. and foreign carriers, and other members of the international trade and transportation communities to improve the detection of contraband before it leaves a foreign port destined for the United States; (7) an outline of the basis for the current allocation of Customs Service inspection and investigative personnel; (8) identification of the automation needs of the Customs Service and an explanation of the current state of the Automated Commercial System and the status of implementing a replacement for such system; and (9) an overview of the current Customs Service personnel practices and workforce needs.

Bill· SS. 642 (106th)referred

Farm and Ranch Risk Management Act

United States · United States Congress · 17 March 1999

Farm and Ranch Risk Management Act - Amends the Internal Revenue Code to allow an individual engaged in an eligible farming (or ranching) business a deduction (in computing adjusted gross income) for any taxable year of up to 20 percent of taxable income attributable to the eligible farming business which was paid in cash by the taxpayer to a Farm and Ranch Risk Management Account (FARRM Account). Includes distributions from a FARRM account in the taxpayer's gross income, and subjects to a special ten percent surtax any distributions not made within five years of contribution. Establishes a tax on excess contributions, but exempts the taxpayer from the tax on certain prohibited transactions.

Bill· SS. 627 (106th)referred

Tax Code Termination Act

United States · United States Congress · 16 March 1999

Tax Code Termination Act Declares that no tax (except the tax on self-employment income and the taxes relating to the Federal Insurance Contributions Act and the Railroad Retirement Tax Act) shall be imposed by the Internal Revenue Code for any taxable year beginning after, or on any taxable event or for any period after, December 31, 2003. Declares that any new Federal tax system should be: (1) simple and fair; (2) apply a low rate to all Americans; (3) provide tax relief for working Americans; (4) protect the rights of taxpayers and reduce tax collection abuses; (5) eliminate the bias against savings and investment; (6) promote economic growth and job creation; (7) not penalize marriage or families; and (8) receive congressional approval in its final form by July 4, 2003.

Bill· SS. 597 (106th)referred

Second Amendment Rights Protection Act of 1999

United States · United States Congress · 11 March 1999

Second Amendment Rights Protection Act of 1999 - Amends the Brady Handgun Violence Prevention Act to prohibit the use of appropriated funds for: (1) any system to implement the Act that does not require and result in the immediate destruction of all information submitted by or on behalf of any person who has been determined not to be prohibited from owning a firearm; and (2) the implementation or collection of any tax or fee by any Federal officer, agent, or employee, or by any State or local officer or agent acting on behalf of the United States, in connection with such implementation. Authorizes any person aggrieved by a violation of this Act to bring an action in Federal district court and, if successful, to receive damages, punitive damages, and such other remedies as the court may determine to be appropriate, including a reasonable attorney's fee.

Bill· SS. 593 (106th)referred

Small Savers Act of 1999

United States · United States Congress · 11 March 1999

Small Savers Act of 1999 - Amends the Internal Revenue Code to direct the Secretary of the Treasury to prescribe income tax rate tables that increase the maximum taxable income level for the 15 percent rate bracket and the minimum taxable income level for the 28 percent rate bracket by specified dollar amounts beginning with calendar year 2000. Excludes from individual gross income up to $250 ($500 for joint filers) of the sum of dividends from domestic corporations or interest. Sets forth related provisions with respect to: (1) distributions from regulated investment companies and real estate investment trusts; and (2) nonresident aliens. Allows as a deduction an amount equal to the lesser of: (1) the net capital gain of the taxpayer; or (2) $5,000. Increases the $2,000 IRA contribution limit to $3,000.

Bill· SS. 602 (106th)referred

Stealth Tax Prevention Act

United States · United States Congress · 11 March 1999

Stealth Tax Prevention Act - Amends Federal law relating to congressional review of agency rulemaking to include in the definition of "major rule" any rule that is promulgated by the Internal Revenue Service and whose implementation and enforcement the Administrator of the Office of Information and Regulatory Affairs of the Office of Management and Budget finds has resulted in (or is likely to result in) any net increase in Federal revenues.

Bill· SS. 596 (106th)referred

A bill to provide that the annual drug certification procedures under the Foreign Assistance Act of 1961 not apply to certain countries with which the United States has bilateral agreements and other plans relating to counterdrug activities, and for other purposes.

United States · United States Congress · 11 March 1999

Amends the Foreign Assistance Act of 1961 to declare that certain annual certifications made to Congress that allow a major drug-transit country or major illicit drug producing country to expend withheld bilateral assistance and multilateral development assistance provided certain conditions are met shall not apply to such countries if the President determines that: (1) such countries are a party to a bilateral agreement that calls for the control of illicit drugs; and (2) progress is being made in accordance with the agreement with respect to the control of illicit drugs.

Bill· SS. 576 (106th)open

Financial Regulatory Relief and Economic Efficiency Act of 1999

United States · United States Congress · 10 March 1999

Financial Regulatory Relief and Economic Efficiency Act of 1999 - Title I: Improving Monetary Policy and Financial Institution Management Practices - Amends the Federal Reserve Act (FRA) to permit interest payments on reserves maintained at a Federal reserve bank. (Sec. 102) Authorizes any depository institution, before January 1, 2001, to permit the owner of any interest- or dividend-bearing deposit or account to make up to 24 transfers per month, for any purpose, to another account of the owner in the same institution. Repeals the limitation on the authority of a depository institution to permit the owner of any deposit or account to make withdrawals by negotiable or transferable instruments for transfers to third parties. (Currently, the latter authority may be applied only with respect to the accounts of charitable, religious, and other nonprofit organizations, as well as to Federal, State, and local governments.) Amends the FRA, the Home Owners' Loan Act (HOLA), and the Federal Deposit Insurance Act (FDIA) to repeal the prohibition against interest or dividend payments on demand deposits. (Sec. 103) Amends HOLA to: (1) repeal savings association liquid asset and dividend notice requirements; (2) repeal certain restrictions on interstate acquisitions that result in the formation of a multiple savings and loan holding company which controls savings and loan associations in more than one State; and (3) permit a savings and loan holding company, with the prior approval by the Director of the Office of Thrift Supervision, to acquire more than five percent of the voting shares of a non-subsidiary savings association or non-subsidiary savings and loan holding company. (Sec. 108) Amends the FDIA to repeal deposit broker notification and recordkeeping requirements. (Sec. 109) Amends the FRA to reserve to the Board of Governors of the Federal Reserve System (the Board) (currently, the appropriate Federal banking agency) the authority to promulgate regulations on extensions of credit to executive officers of member banks. (Sec. 110) Amends the National Bank Consolidation and Merger Act to prescribe expedited procedures permitting a national banking association to: (1) reorganize as either a bank holding company, or as a bank holding company subsidiary; or (2) merge with subsidiaries or nonbank affiliates. (Sec. 111) Amends Federal banking law to increase from one year to three years the term of the national bank director. Amends the Banking Act of 1933 to authorize the Comptroller of the Currency to exempt a national banking association from the 25-member limit on the number of members of an association's governing body. (Sec. 113) Amends Federal banking law and the FDIA to: (1) repeal the mandate that the purchase or acquisition by a national banking association or depository institution of its own capital stock to prevent loss upon a previously contracted debt be disposed of within six months from the time of purchase; and (2) provide that if an institution acquires its own stock to prevent loss upon a debt previously contracted for in good faith, such transaction shall not be deemed to be a loan or discount on the security of its own capital stock. Exempts from the prohibition against depository institution affiliation with a Government-sponsored enterprise any investments in such an enterprise lawfully made before April 11, 1996. (Sec. 115) Amends the Federal Deposit Insurance Corporation Improvement Act of 1991 to increase from 90 percent to 100 percent of fair market value the permissible valuation of readily marketable purchased mortgage servicing rights that may be included in calculating an insured depository institution's tangible capital, risk-based capital, or leverage limit, if the Federal regulatory agencies jointly find that such an increase will not adversely affect the deposit insurance funds or the safety and soundness of insured depository institutions. (Sec. 116) Amends the Bank Holding Company Act of 1956 (BHCA) to: (1) repeal certain cross-marketing restrictions placed upon banks controlled by certain companies that are not treated as bank holding companies; (2) preserve the exemption from bank holding company treatment of certain companies whose limited purpose bank subsidiary may have permitted overdrafts resulting from an inadvertent computer or accounting error beyond the control of both the bank and the affiliate (daylight overdrafts); (3) repeal the prohibition against activities of limited purpose banks in which they were not engaged before March 5, 1987 (but continuing the prohibition against their both accepting demand deposits and engaging in the business of commercial lending); and (4) authorize actions which limited purpose banks may take to avoid divestiture following loss of exemption from treatment as bank holding companies. Title II: Streamlining Activities of Institutions - Amends the HOLA to permit community development investments for the primary purpose of promoting the public welfare, including housing, services, and jobs for low- and moderate-income communities. (Sec. 202) Amends the FRA to terminate the power of the Board to set lending limitations upon member banks' extension of loans that are collateralized by stocks and bonds (thus eliminating the Board's duty to prevent undue use of bank loans for the speculative carrying of securities). (Sec. 203) Amends the BHCA to permit certain banks and bank holding companies to extend credit card accounts for business purposes, including the issuance of such accounts to small businesses. (Sec. 204) Amends the Real Estate Settlement Procedures Act of 1974 to exempt from its prohibition against kickbacks and unearned fees the transfer to an affinity group of any thing of value in connection with its written endorsement to a consumer of the products or services of a settlement service provider (other than as to a federally related mortgage loan), the proceeds of which are used to acquire the property securing the loan, if: (1) the consumer receives a direct financial benefit from such endorsement; and (2) such payment is clearly disclosed to the consumer at the time of the first written communication with the consumer. (Sec. 205) Amends the Fair Debt Collection Practices Act to permit: (1) debt collection in connection with certain bad-check penalties not exceeding $25; (2) continuation of collection activities and legal proceedings during the thirty-day initial notice period in which the debtor may dispute a debt and ask for its verification; and (3) a debt collector to engage in third-party communications without the consumer's consent if a prejudgment administrative wage garnishment has been obtained pursuant to the Higher Education Act of 1965. (Sec. 206) Amends BHCA to exempt from treatment as a bank holding company any company that acquires control from the Resolution Trust Corporation, the Federal Deposit Insurance Corporation, or the Director of the Office of Thrift Supervision of more than five percent of the shares of an undercapitalized bank, savings association, or other insured institution. (Sec. 207) Revises HOLA guidelines governing reorganization by a mutual savings association into a holding company. (Sec. 208) Mandates that the Federal banking agencies work jointly to develop: (1) electronic filing and public dissemination of depository institution status reports (call reports); and (2) uniform formats and simplified filing instructions for such reports. Title III: Streamlining Agency Actions - Amends the FDIA to: (1) repeal the mandate that Federal banking agencies develop jointly a method for supplemental disclosures in required Federal filings of the estimated fair market value of depository institution assets and liabilities; (2) authorize the Federal Deposit Insurance Corporation (FDIC) to establish the interest rate for or make post- insolvency interest payments to creditors' claims against the receivership estates of insured Federal or State depository institutions following satisfaction by the receiver of the principal amount of all creditor claims; and (3) mandate that Federal banking agencies jointly submit an annual report to certain congressional banking committees regarding differences in accounting and capital standards used by such agencies (currently such reports must be filed by the agencies individually). (Sec. 304) Requires the agency responsible for review of the competitive factors in bank merger filings, to request a report solely from the Attorney General (currently, from the Attorney General and the other Federal banking agencies). Amends the BHCA and the FDIA to require the Board and the responsible agency, respectively, to consider specified criteria concerning competitive effects before disapproving a bank merger transaction on the grounds of disproportionate anticompetitive effects. (Sec. 305) Amends the FDIA and the Deposit Insurance Funds Act of 1996 to eliminate the Special Reserve of the Savings Association Insurance Fund (SAIF), and the Deposit Insurance Fund (DIF), respectively (established to provide emergency funds if the reserve ratio of either fund remains below 50 percent of its designated ratio for one year). Title IV: Miscellaneous - Amends the Truth in Lending Act to set forth requirements for alternative compliance methods for advertising credit terms. (Sec. 402) Revises the positions of Board members on the Executive Schedule (increasing their salary levels). (Sec. 403) Amends the Federal Home Loan Bank Act (FHLBA) to eliminate the position of consumer representative from mandatory membership on the board of directors of the Federal Housing Finance Board. (Sec.404) Amends the Bank Holding Company Act of 1956 to exclude from the definition of "bank" an institution which engages only in credit card operations and making and purchasing specified aggregate loan amounts to help meet the credit needs of low-and moderate-income persons and neighborhoods or to promote economic development by financing small businesses or farms. Title V: Technical Corrections - Makes technical corrections to related Acts. (Sec. 503) Amends Federal banking law to: (1) authorize the Comptroller of the Currency to waive the citizenship requirement for a minority of the total number of directors sitting on the board of a national bank; (2) declare it is unlawful for the Comptroller to hold an interest in any national bank; and (3) repeal specified capital and surplus requirements for national banking associations. (Sec. 504) Amends the International Bank Act of 1978 to modify examination requirements pertaining to establishment and operation by a foreign bank of Federal branches and agencies.

Bill· SS. 566 (106th)open

Agricultural Trade Freedom Act

United States · United States Congress · 8 March 1999

Agricultural Trade Freedom Act - Amends the Agricultural Trade Act of 1978 to exempt, with specified exceptions, commercial sales of agricultural commodities from unilateral economic sanctions imposed by the United States upon another country. States that the President: (1) may determine that for reasons of foreign policy or national security such exemption shall not apply; and (2) shall determine whether such exemption shall apply to each existing sanction. Sets forth related reporting requirements. Expresses the sense of the Congress with respect to: (1) U.S. agricultural trade negotiation objectives; (2) sale or barter of food assistance; and (3) relief from foreign trade practices restricting U.S. agricultural commodities, including the use of specified agricultural authorities in instances of undue delay in resolving disputes. Amends the Agricultural Trade Development and Assistance Act of 1954 to repeal the micronutrient fortification pilot program. Makes specified amendments to the: (1) Federal Agriculture Improvement and Reform Act of 1996; (2) Food, Agriculture, Conservation, and Trade Act of 1990; and (3) Agricultural Trade Act of 1978.

Bill· SS. 512 (106th)referred

Advancement in Pediatric Autism Research Act

United States · United States Congress · 2 March 1999

Advancement in Pediatric Autism Research Act - Amends the Public Health Service Act to require the Director of the National Institutes of Health (NIH) to expand, intensify, and coordinate the activities of NIH with respect to autism. Requires the Director, among other things, to make awards of grants and contracts to public or nonprofit entities for centers of excellence regarding research on autism. Authorizes appropriations. Directs the Secretary of Health and Human Services (HHS), acting through the Director of the Centers for Disease Control and Prevention, to: (1) make awards of grants and cooperative agreements for the collection, analysis, and reporting of data on autism and pervasive developmental disabilities to public or nonprofit private entities; (2) establish up to five regional centers of excellence in autism and pervasive developmental disabilities epidemiology, through grants or cooperative agreements, for purposes of collecting and analyzing information on autism and developmental disabilities; (3) establish a clearinghouse within the Center for the collection and storage of data generated from the monitoring programs created by this Act; and (4) coordinate the Federal response to requests for assistance from State health department officials regarding potential or alleged autism or developmental disability clusters. Authorizes appropriations. Requires the Secretary to establish a program to provide information and education on autism to health professionals and the general public. Authorizes appropriations. Directs the Secretary to establish an Autism Coordinating Committee to coordinate HHS efforts concerning autism.

Bill· SS. 424 (106th)referred

A bill to preserve and protect the free choice of individuals and employees to form, join, or assist labor organizations, or to refrain from such activities.

United States · United States Congress · 11 February 1999

Amends the National Labor Relations Act and the Railway Labor Act to repeal those provisions that permit employers, pursuant to a collective bargaining agreement (union security agreement), to require employees to join a union as a condition of employment (including provisions permitting railroad carriers to require, pursuant to such an agreement, payroll deduction of union dues or fees as a condition of employment).

Resolution· SCONRESS.Con.Res. 7 (106th)passed

A concurrent resolution honoring the life and legacy of King Hussein ibn Talal al-Hashem.

United States · United States Congress · 8 February 1999

Expresses: (1) condolences to the family of King Hussein and to all the people of Jordan; (2) admiration for King Hussein's enlightened leadership and gratitude for his support for peace throughout the Middle East; and (3) support and best wishes for the new government of Jordan under King Abdullah. Reaffirms the U.S. commitment to strengthening the vital relationship between our two governments and peoples.

Resolution· SCONRESS.Con.Res. 5 (106th)open

A concurrent resolution expressing congressional opposition to the unilateral declaration of a Palestinian state and urging the President to assert clearly United States opposition to such a unilateral declaration of statehood.

United States · United States Congress · 4 February 1999

Declares that: (1) the final political status of the territory controlled by the Palestinian Authority can only be determined through negotiations and agreement between Israel and the Palestinian Authority; (2) any attempt to establish Palestinian statehood outside the negotiating process will invoke the strongest congressional opposition; and (3) the President should unequivocally assert U.S. opposition to the unilateral declaration of a Palestinian state.

Bill· SS. 353 (106th)open

Class Action Fairness Act of 2000

United States · United States Congress · 3 February 1999

Class Action Fairness Act of 1999 - Amends the Federal judicial code to require that, no later than ten days after a proposed settlement in a class action is filed in court, the attorneys representing the class in a class action serve the attorney general of each State (State AGs) in which a class member resides and the Department of Justice (DOJ) with specified information, including notice of a proposed settlement. Prohibits the holding of a hearing to consider final approval of a proposed settlement earlier than 120 days after the date on which the State AGs and the Attorney General of the United States are served notice. Requires any court with jurisdiction over a plaintiff class action to require that: (1) any written notice provided to the class through the mail or publication in printed media contain a short summary written in plain, easily understood language describing the subject matter of the class action, the legal consequences of joining such action, the ability of a class member to seek removal of the action to Federal court if the action is filed in a State court and Federal jurisdiction would apply, and, if the notice is informing class members of a proposed settlement agreement, specified information; and (2) any notice provided through television or radio to inform class members of their rights to be excluded from a class action or a proposed settlement, if such right exists, describe, in plain, easily understood language, the persons who may potentially become class members and explain that the failure of persons falling within the definition of the class to exercise their right to be excluded from a class action will result in such persons' inclusion in such action. Authorizes a class member to refuse to comply with, and choose not to be bound by, a settlement agreement or consent decree in a class action if the class member resides in a State where the State AG has not been provided notice and materials under this Act. Limits attorney's fees and expenses awarded to counsel for plaintiffs in class actions to a reasonable percentage of: (1) any damages and prejudgment interest actually paid to the class; (2) any future financial benefits to the class based on the cessation of alleged improper conducts by the defendants; and (3) costs actually incurred by all defendants in complying with injunctive orders or settlement agreements. Authorizes the court, to the extent that the law permits, to award attorney's fees and expenses to counsel for the plaintiff class based on a reasonable lodestar calculation. (Sec. 3) Grants district courts original jurisdiction in class actions involving diversity jurisdiction where the matter in controversy exceeds $75,000 (based on aggregated individual claims of class members), exclusive of interest and costs. Directs the district court to abstain from hearing such a civil action if: (1) the substantial majority of the members of the proposed plaintiff class are citizens of a single State of which the primary defendants are also citizens and the claims asserted will be governed primarily by the laws of that State; or (2) the primary defendants are States, State officials, or other governmental entities against whom the district court may be foreclosed from ordering relief. Directs the district court to dismiss or, if after removal, strike the class allegations and remand any civil action if the action is subject to the jurisdiction of the court solely under this section and the court determines the action may not proceed as a class action based on a failure to satisfy the conditions of rule 23 of the Federal Rules of Civil Procedure. Specifies that nothing herein prohibits plaintiffs from filing an amended class action in Federal or State court. Provides that, upon dismissal or remand, the period of limitations for any claim that was asserted in an action on behalf of any named or unnamed member of a proposed class shall be deemed tolled to the full extent provided under Federal law. Makes this section inapplicable to class actions involving a claim relating to: (1) the internal affairs or governance of a corporation under State law; and (2) the rights, duties, and obligations relating to any security. (Sec. 4) Authorizes removal of class actions to a district court by any: (1) defendant without the consent of all defendants; or (2) plaintiff class member who is not a named or representative member without the consent of all members. Makes this section inapplicable to class actions involving a claim relating to: (1) the internal affairs or governance of a corporation under State law; and (2) the rights, duties, and obligations relating to any security. (Sec. 5) Amends the Federal Rules of Civil Procedure to require (currently, authorizes) the imposition of sanctions for the filing of frivolous lawsuits and the making of other specified misrepresentations to the court.

Bill· SS. 346 (106th)referred

A bill to amend title XIX of the Social Security Act to prohibit the recoupment of funds recovered by States from one or more tobacco manufacturers.

United States · United States Congress · 3 February 1999

Amends title XIX (Medicaid) of the Social Security Act to prohibit any Medicaid-related funds recovered or paid to a State as part of a settlement or judgment reached in litigation the State initiated or pursued against one or more tobacco companies from being treated as an overpayment. Permits a State to use amounts recovered or paid to it as part of such a settlement or judgment for any appropriate expenditures, except with respect to any expenditure for administrative expenses incurred in initiating or pursuing tobacco litigation.

Bill· SS. 325 (106th)referred

United States Energy Economic Growth Act

United States · United States Congress · 28 January 1999

TABLE OF CONTENTS: Title I: Production From Marginal and Inactive Wells Title II: Other Incentives United States Energy Economic Growth Act - Title I: Production From Marginal and Inactive Wells - Amends the Internal Revenue Code to allow a tax credit for marginal domestic oil and natural gas well production during any taxable year in the amount of $3 per barrel of qualified crude oil production and 50 cents per 1,000 cubic feet of qualified natural gas production, reduced, but not below zero, as oil and gas prices increase. States that the limitation to the general business credit, based on the amount of tax, shall not be reduced by the amount of the marginal oil and gas well credit. Excludes from gross income, at the taxpayer's election, any income attributable to independent producer oil from a recovered inactive well, under certain conditions, while disallowing any deductions directly connected with such excluded amounts. Provides that, with respect to the alternative minimum tax, the inclusion of certain items in the computation of earnings and profits shall not apply to any income attributable to independent producer oil from a recovered inactive well that is excluded from gross income. Title II: Other Incentives - Allows both geological and geophysical expenditures on domestic oil and gas exploration and development and delay rental payments, at the taxpayer's election, to be deducted from gross income at the time incurred. Extends the special rule for the spudding of oil and gas wells. Extends the enhanced oil recovery credit to certain nontertiary recovery methods.

Bill· SS. 313 (106th)open

Public Utility Holding Company Act of 1999

United States · United States Congress · 27 January 1999

Public Utility Holding Company Act of 1999 - Repeals the Public Utility Holding Company Act of 1935. Prescribes procedural guidelines for both Federal Energy Regulatory Commission (FERC) and State access to records of a holding company (including subsidiaries, associates and affiliates) of a public utility or natural gas company. Precludes such State access to any person that is a holding company solely by reason of ownership of one or more qualifying facilities under the Public Utility Regulatory Policies Act. Subjects production of records to such terms and conditions as may be necessary and appropriate to safeguard against unwarranted disclosure to the public of trade secrets or sensitive commercial information. Instructs FERC to promulgate a final rule to exempt specified holding companies from such access requirements. Requires FERC to exempt any person or transaction from such access requirements if it finds that regulation of such person or transaction is irrelevant to the jurisdictional rates of a public utility or natural gas company. Retains the jurisdiction of FERC and State commissions to determine whether a public utility company or natural gas company may recover in rates any costs of affiliate transactions. Declares this Act inapplicable to: (1) the United States; (2) a State or its political subdivision; and (3) a foreign governmental authority not operating in the United States. Grants FERC certain Federal Power Act enforcement powers. Transfers from the Securities and Exchange Commission to FERC all books and records that relate primarily to the functions vested in FERC by this Act. Authorizes appropriations. Amends the Federal Power Act to repeal its conflict of jurisdiction guidelines.