United States · United States Congress · 8 March 2001
Heather French Henry Homeless Veterans Assistance Act - Encourages all Federal, State, and local departments and agencies and other entities and individuals to work toward the national goal of ending homelessness among veterans within a decade. Establishes within the Department of Veterans Affairs the Advisory Committee on Homeless Veterans. Directs the Secretary of Veterans Affairs to: (1) support the continuation within the Department of at least one center to monitor the structure, process, and outcome of Department programs addressing homeless veterans; and (2) assign veterans receiving specified services provided in, or sponsored or coordinated by, the Department as being within the "complex care" category. Directs the Secretary to: (1) make grants to Department health care facilities and to grant and per diem providers for the development of programs targeted at meeting certain special needs of homeless veterans; (2) require certain officials to initiate a plan for joint outreach to veterans at risk of homelessness; (3) carry out two treatment trials in integrated mental health services delivery; (4) ensure that each Department primary care facility has a mental health treatment capacity; (5) carry out a program of transitional assistance grants to eligible homeless veterans; and (6) make technical assistance grants to aid nonprofit community-based groups in applying for homeless program grants. Extends through FY 2006 the homeless veterans reintegration program.
United States · United States Congress · 7 March 2001
Innocence Protection Act of 2001 - Amends the Federal judicial code to authorize a person convicted of a Federal crime to apply to the appropriate Federal court for DNA testing to support a claim that the person did not commit: (1) the Federal crime of which the person was convicted; or (2) any other offense that a sentencing authority may have relied upon when it sentenced the person with respect to such crime. Sets forth: (1) guidelines for the court to use in ordering DNA testing; (2) post-testing procedures; (3) provisions regarding preservation of evidence; (4) criminal penalties for destroying or altering DNA evidence; and (5) provisions regarding post-conviction DNA testing in State criminal justice systems. Prohibits a State from denying an application for DNA testing made by a prisoner in State custody who is under sentence of death if specified conditions apply. Provides grants to prosecutors for DNA testing programs. Establishes the National Commission on Capital Representation. Withholds funds from States not complying with standards for capital representation. Provides for capital defense incentive grants and resource grants. Increases compensation in Federal cases, and sets forth provisions regarding compensation in State cases, where an individual is unjustly sentenced to death. Adds a certification requirement in Federal death penalty prosecutions. Expresses the sense of Congress regarding the execution of juvenile offenders and the mentally retarded.
United States · United States Congress · 7 March 2001
Amends the Internal Revenue Code to include life insurance companies as an "includible corporation" for purposes of filing consolidated tax returns. Permits an affiliated group which includes at least one domestic insurance company that elects to file a consolidated return rather than pay tax under certain life insurance provisions to use a phased-in percentage of insurance company net operating loss in determining its own taxable income. (Permits unused loss carryover.) Provides for: (1) subsidiary stock basis adjustment; and (2) waiver of the five-year reconsolidation waiting period for certain formerly includible corporations which became nonincludible as a result of becoming a subsidiary of a nonincludible life insurance company.
United States · United States Congress · 7 March 2001
Disapproves a specified rule submitted by the Occupational Safety and Health Administration relating to ergonomics, and declares that such rule shall have no force or effect.
United States · United States Congress · 1 March 2001
Designates the Federal building and U.S. courthouse to be constructed at 10 East Commerce Street in Youngstown, Ohio, as the Nathaniel R. Jones and Frank J. Battisti Federal Building and United States Courthouse.
United States · United States Congress · 1 March 2001
Medicaid Safety Net Hospital Continued Preservation Act of 2001 - Amends title XIX (Medicaid) of the Social Security Act to repeal specified reductions after FY 2000 and thereby extend certain modifications to disproportionate share hospital (DSH) allotments provided under the Medicare, Medicaid, and SCHIP Benefits Improvement and Protection Act of 2000. Increases the Medicaid DSH allotment for the District of Columbia.
United States · United States Congress · 1 March 2001
Amends the Internal Revenue Code to allow individuals who are exempt from the self-employment tax because of their religious beliefs to establish pension plans.
United States · United States Congress · 28 February 2001
Policyholder Disaster Protection Act of 2001 - Amends the Internal Revenue Code to provide for the creation of disaster protection funds by property and casualty insurance companies for the payment of policyholders' claims arising from certain catastrophic events.
United States · United States Congress · 28 February 2001
Economic Growth and Tax Relief Act of 2001 - Amends the Internal Revenue Code, as of tax year 2001, to establish (in addition to existing brackets) a 12 percent individual tax bracket for each filing status. Caps taxable income levels for the 12 percent bracket at: (1) $12,000 for married individuals filing jointly; (2) $10,000 for heads of households; and (3) $6,000 for unmarried individuals or married individuals filing separately. Applies the current 15 percent bracket to income levels above the 12 percent caps but below current 15 percent caps. Prohibits minimum bracket amount inflation adjustments through tax year 2006. Revises the cost-of-living adjustment formula, as of tax year 2007. Provides, beginning in tax year 2002, for specified reductions in the 12, 28, 31, 36, and 39.6 percent individual (and estate) brackets. (Maintains the revised 15 percent bracket without further change.) Repeals mandatory reductions in the additional (three or more children) child tax credit and the earned income credit for taxpayers subject to the alternative minimum tax.
United States · United States Congress · 28 February 2001
Constitutional Amendment - Authorizes the President to disapprove any item of appropriation in any bill. Requires any item of appropriation contained in a bill approved by the President which is not disapproved to become law. Permits the Congress to reconsider any item so disapproved.
United States · United States Congress · 14 February 2001
Conservation and Reinvestment Act - Establishes the Conservation and Reinvestment Act Fund (CRAF). Requires the Secretary of the Treasury to deposit into the CRAF certain Outer Continental Shelf revenues, undisbursed impact assistance and coastal conservation amounts, and interest earned on CRAF investments. Allocates CRAF funds among coastal States for impact assistance and coastal conservation, the Land and Water Conservation Fund, and Federal aid to a certain wildlife restoration fund. Provides for CRAF funding of the Urban Park and Recreation Recovery Act of 1978, the National Historic Preservation Act, the National Maritime Heritage Act of 1994, Endangered and Threatened Species Recovery Agreements, and a specified program for payments in lieu of taxes and refuge revenue sharing. Expresses the intent of Congress that amounts made available under this Act are to supplement, and not to detract from, annual appropriations for the National Park Service. Prohibits the expenditure of funds under this Act if such an expenditure diminishes benefit obligations of the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund, the Hospital Insurance Trust Fund, or the Supplementary Medical Insurance Trust Fund.
United States · United States Congress · 14 February 2001
Hope for Children Act - Amends the Internal Revenue Code to increase the expenses allowable towards the adoption credit. Renames such credit as the "Tom Bliley adoption credit."
United States · United States Congress · 14 February 2001
Duchenne Muscular Dystrophy Childhood Assistance, Research and Education Amendments of 2001, or the DMD CARE Act - Amends the Public Health Service Act to require the Director of the National Institutes of Health to: (1) expand and intensify programs of the National Institute of Neurological Disorders and Stroke, National Institute of Arthritis and Musculoskeletal and Skin Diseases, and the National Institute of Child Health and Human Development (the National Institutes) with respect to research and related activities concerning Duchenne muscular dystrophy (DMD); (2) award grants or contracts to public or nonprofit entities for at least three DMD research centers of excellence; and (3) provide for donation, collection, and preservation of tissues and genetic materials for such research. Directs the Secretary of Health and Human Services to establish a Muscular Dystrophy Coordinating Committee to coordinate all Federal DMD health programs and activities. Authorizes the Secretary, through the Centers for Disease Control and Prevention (CDC), to award grants and cooperative agreements for the collection, analysis, and reporting of DMD data. Requires the establishment through the CDC of at least three regional centers of excellence in DMD epidemiology. Directs the Secretary to establish a DMD education and information program.
United States · United States Congress · 14 February 2001
Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to modify the formula for determining the amount of reduced monthly OASDI benefits payable to a spouse, surviving spouse, or parent receiving monthly payments from a Federal or State pension plan. Declares that such benefit reductions shall be equal to the lesser of: (1) the amount by which the total amount of the combined monthly benefit (before reduction) and monthly pension exceeds $1,200, adjusted for inflation; or (2) an amount equal to two-thirds of the amount of any such monthly pension plan payment.
United States · United States Congress · 14 February 2001
Straight Talk on Social Security Act of 2001 - Amends the Social Security Act to require Social Security account statements to contain additional information, such as a statement of the current Social Security tax rates applicable to wages and self-employment income, including an indication of the combined total of such rates of employee and employer taxes with respect to wages.
United States · United States Congress · 14 February 2001
Life Insurance Tax Simplification Act of 2001 - Amends the Internal Revenue Code to repeal provisions: (1) providing for the reduction in certain deductions of mutual life insurance companies; and (2) relating to distributions to shareholders from pre-1984 policyholders surplus accounts.
United States · United States Congress · 13 February 2001
Family Opportunity Act of 2001 or Dylan Lee James Act - Amends title XVIII (Medicare) of the Social Security Act (SSA) to: (1) give States the option of allowing families of disabled children to purchase Medicaid coverage for such children; and (2) provide for treatment of inpatient psychiatric hospital services for individuals under age 21 under waivers allowing for payment of part or all of the cost of home or community-based services. Authorizes a State to apply to the Secretary of Health and Human Services for approval of a demonstration project to provide Medicaid coverage of up to a specified maximum number of children with a potentially severe disability. Amends SSA title V (Maternal and Child Health Services) to make appropriations to the Secretary for special projects of regional and national significance for development and support of family-to-family health information centers. Amends SSA title XIX to provide for the restoration of Medicaid eligibility to certain SSI (Supplemental Security Income) (SSA title XVI) beneficiaries under age 21.
United States · United States Congress · 8 February 2001
Amends the Internal Revenue Code to exempt certain State and local political committees from specified notification and reporting requirements applicable to political organizations.
United States · United States Congress · 7 February 2001
Independent Telecommunications Consumer Enhancement Act of 2001 - Amends the Communications Act of 1934 to define a "two percent carrier" as an incumbent local telecommunications exchange carrier with fewer than two percent of the Nation's subscriber lines installed in the aggregate nationwide. Directs the Federal Communications Commission (FCC), in adopting rules that apply to incumbent local exchange carriers, to separately evaluate the burden that any proposed regulatory, compliance, or reporting requirements would have on two percent carriers. Prohibits the FCC from requiring a two percent carrier to: (1) file cost allocation manuals or Automated Reporting and Management Information systems; or (2) establish or maintain a separate affiliate to provide any common carrier or noncommon carrier services or to maintain separate officers, personnel, facilities, books or accounts, or other operations. States that the participation or withdrawal from participation by a two percent carrier of one or more study areas in the common line tariff administered and filed by the National Exchange Carrier Association or any successor tariff or administrator shall not obligate such carrier to participate or withdraw from participation in such tariff for any other study area. Allows any two percent carrier to deaverage its interstate switched or special rates and file contract-based tariffs for interstate switched or special access services immediately upon certifying to the FCC that an unaffiliated carrier has engaged in facilities-based entry within such carrier's service area.
United States · United States Congress · 6 February 2001
Child Custody Protection Act - Amends the Federal criminal code to prohibit transporting an individual under age 18 across a State line to obtain an abortion and thereby abridging the right of a parent under a law in force in the State where the individual resides requiring parental involvement in a minor's abortion decision. Makes an exception if the abortion was necessary to save the life of the minor. Specifies that neither the minor transported nor her parent may be prosecuted or sued for a violation of this Act. Makes it an affirmative defense to a prosecution for, or to a civil action based on, such a violation that the defendant reasonably believed that before the individual obtained the abortion, the parental consent or notification or judicial authorization that would have been required had the abortion been performed in the State where the individual resides, took place. Authorizes any parent who suffers legal harm from a violation to obtain appropriate relief in a civil action. Defines "parent" to include a guardian, legal custodian, or person standing in loco parentis who has care and control of the minor, and with whom the minor regularly resides, who is designated by such law as a person to whom notification, or from whom consent, is required.
United States · United States Congress · 6 February 2001
Directs the Secretary of the Interior to: (1) purchase the Ronald Reagan Boyhood Complex in Dixon, Illinois, and related personal property; (2) designate the Complex as the Ronald Reagan Boyhood Home National Historic Site; (3) enter into a cooperative agreement with the Ronald Reagan Boyhood Home Foundation for the management, operation, and use of the Site; and (4) complete a general management plan for the Site.
United States · United States Congress · 31 January 2001
National Advisory Commission on Tax Reform and Simplification Act of 2001 - Establishes within the legislative branch a National Advisory Commission on Tax Reform and Simplification which shall review and, when applicable, issue proposals on: (1) the present structure and provisions of the Internal Revenue Code; (2) whether tax systems imposed under the laws of other countries could provide more efficient, simple, and fair methods of funding the revenue requirements of the Government; (3) whether the income tax should be replaced with a tax imposed in a different manner or on a different base; and (4) whether the Internal Revenue Code can be simplified, absent wholesale restructuring or replacement. Authorizes appropriations for the Commission. Terminates the Commission after the submission of a report.
United States · United States Congress · 30 January 2001
Retired Pay Restoration Act of 2001 - Permits retired members of the armed forces with service-connected disabilities to be paid both military retired pay and veterans' disability compensation. Repeals a special compensation program for certain severely disabled military retirees.
United States · United States Congress · 30 January 2001
Broadband Internet Access Act of 2001 - Amends the Internal Revenue Code to establish the broadband credit which shall be the sum of: (1) the current generation broadband credit; plus (2) the next generation broadband credit. Defines terms.
United States · United States Congress · 6 January 2001
Amends the Internal Revenue Code to repeal Subchapter B (Communications) of Chapter 33 (Facilities and Services) of Subtitle D (Miscellaneous Excise Taxes).
United States · United States Congress · 3 January 2001
Community Protection Act of 2001- Amends the Federal criminal code to authorize qualified law enforcement officers (including qualified retired officers) carrying the photographic identification issued by the governmental agency for which the individual is, or was, employed as a law enforcement officer, notwithstanding State or local laws, to carry a concealed firearm that has been shipped or transported in interstate or foreign commerce. Specifies that this Act shall not be construed to supersede or limit the laws of any State that: (1) permit private persons or entities to prohibit or restrict the possession of concealed firearms on their property; or (2) prohibit or restrict the possession of firearms on any State or local government property, installation, building, base, or park.
United States · United States Congress · 3 January 2001
Bipartisan Commission on Social Security Reform Act of 2001 - Establishes in the legislative branch a Bipartisan Commission on Social Security Reform to design a single set of legislative and administrative recommendations for long-range reforms for: (1) restoring the solvency of the Social Security system; and (2) maintaining retirement income security in the United States.
United States · United States Congress · 3 January 2001
Social Security Benefits Tax Relief Act of 2001 - Amends the Internal Revenue Code to repeal the 85 percent (second tier) taxation of Social Security and Railroad Retirement benefits. Appropriates, from the general fund, to the Hospital Insurance Trust Fund amounts equal to the reduction in revenue lost because of the repeal. Requires an annual report concerning the funds transferred from the general fund to the Trust Fund.
United States · United States Congress · 3 January 2001
Mandates Information Act of 2001- Amends the Congressional Budget Act of 1974 to require the Director of the Congressional Budget Office, in preparing estimates of the direct costs of a Federal private sector mandate, to estimate, if feasible, the impact of such mandate on consumers, workers, and small businesses, including any disproportionate impact in particular regions or industries. Provides a point of order against legislation that would increase the direct costs of Federal private sector mandates (excluding direct costs attributable to revenue resulting from tax or tariff provisions of any such measure if it does not raise net tax and tariff revenues over the five-fiscal-year period beginning with the first fiscal year such measure affects such revenues) by an amount that causes the stated threshold of $100 million per fiscal year to be exceeded.
United States · United States Congress · 27 October 2000
Bipartisan Commission on Social Security Reform Act of 2000 - Establishes in the legislative branch a Bipartisan Commission on Social Security Reform to design a single set of legislative and administrative recommendations for long-range reforms for restoring the solvency of the social security system, and for maintaining retirement income security in the United States. Authorizes appropriations.
United States · United States Congress · 10 October 2000
Designates Chapter 2 of the National Narcotics Leadership Act of 1988 as the Drug-Free Communities Act. Increases and extends through FY 2006 the authorization of appropriations to the Office of National Drug Control Policy (Office) for the drug-free communities support program. Modifies grant renewal funding levels. Requires the Office Director to study the need to increase administrative costs under the program. Authorizes the Director to make grants to an organization to establish a National Community Antidrug Coalition Institute.
United States · United States Congress · 29 September 2000
Taxpayers' Choice Debt Reduction Act - Amends the Internal Revenue Code to permit an individual to designate three dollars on his or her income tax return (six dollars on a joint return) to be used to reduce the public debt of the United States.
United States · United States Congress · 28 September 2000
Authorizes Frederick Douglass Gardens, Inc., to establish a memorial and gardens on Department of the Interior lands in the District of Columbia or its environs in honor and commemoration of Frederick Douglass.
United States · United States Congress · 19 September 2000
Debt Relief and Retirement Security Reconciliation Act - Division A: Debt Relief - Title I: Debt Reduction Lock-Box - Amends Federal public finance provisions to establish the Public Debt Reduction Payment Account in the Treasury. Requires the Secretary of the Treasury to use amounts in the Account to pay at maturity, or redeem or buy before maturity, any Government obligation held by the public and included in the public debt. Provides that any obligation which is paid, redeemed, or bought with amounts from the Account shall be canceled and retired and prohibits its reissuance. Appropriates funds for the Account. Prohibits such appropriation from being considered as direct spending for purposes of pay-as-you-go provisions of the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act). (Sec. 102) Reduces the public debt limit by the amount appropriated into the Account. (Sec. 103) Bars Account receipts and disbursements from being counted as new budget authority, outlays, receipts, or deficit or surplus for purposes of : (1) the Federal Government budget as submitted by the President; (2) the congressional budget; or (3) the Gramm-Rudman-Hollings Act. (Sec. 105) Requires the Secretary to report to specified congressional committees on the Account. Title II: Social Security and Medicare Lock-Box - Amends H. Con. Res. 290 (106th Congress) to replace a point of order in the House of Representatives or the Senate against consideration of any revision of such resolution or any concurrent budget resolution for FY 2002 that sets forth a deficit for any fiscal year with one that provides a point of order against consideration of any budget resolution that sets forth a surplus for any fiscal year that is less than the surplus of the Federal Hospital Insurance Trust Fund for such year. Makes it out of order in the House or the Senate to consider any bill, joint resolution, amendment, motion, or conference report if the enactment of the reported bill or resolution, the adoption and enactment of an amendment, or the enactment of a bill or resolution in the form recommended in the conference report would cause the on-budget surplus for any fiscal year to be less than the projected surplus of the Federal Hospital Insurance Trust Fund for such year or increase the amount by which the on-budget surplus for any fiscal year would be less than such trust fund surplus for that year. Makes such point of order inapplicable to social security or Medicare reform legislation. Requires any Federal budget submitted by the President that recommends an on-budget surplus for any fiscal year that is less than the surplus of the Federal Hospital Insurance Trust Fund for such year to include proposed legislative language for social security or Medicare reform legislation. Makes the lock-box requirements of H. Con. Res. 290 (106th Congress) and the preceding paragraph inapplicable upon the enactment of social security and Medicare reform legislation. Defines "social security reform legislation" and "Medicare reform legislation" as a bill or joint resolution to save social security or Medicare, respectively, that specifies that it constitutes reform legislation for purposes of such resolution. (Sec. 202) Requires any official Federal Government statement of the Federal or congressional budget surplus or deficit totals to exclude the outlays and receipts of the Old-Age, Survivors, and Disability Insurance Program under the Social Security Act. Requires such outlays and receipts to be submitted in separate social security budget documents. Division B: Retirement Security - Title XI: Individual Retirement Account Provisions - Amends the Internal Revenue Code (the Code) to increase the annual dollar Individual Retirement Account (IRA) contribution limit from $2,000 to $3,000 in 2001, $4,000 in 2002, and $5,000 in 2003, with indexing thereafter. Provides, for individuals age 50 and older, that such limit shall be $5,000 beginning in 2001, with indexing after 2003. Title XII: Expanding Coverage - Provides for increases in amounts of benefit and contribution limits. Sets indexes for inflation in various increments on such increased limits. (Sec. 1202) Revises requirements relating to plan loans for subchapter S owners, partners, and sole proprietors. (Sec. 1203) Revises specified top-heavy rules. Repeals family aggregation rules. Revises the definition of key employee. Provides that, at the election of the employer, any employee elective contribution to a plan shall not be taken into account for purposes of determining: (1) whether a plan is a top-heavy plan (or whether any aggregation group which includes such plan is a top-heavy group); or (2) compensation. Requires that employer matching contributions be taken into account for purposes of minimum contribution requirements. Revises requirements for qualifications. Provides for distributions during the last year before a determination date is taken into account. Excludes from the definition of top-heavy plan: (1) cash or deferred arrangements using alternative methods of meeting nondiscrimination requirements; and (2) defined contribution plans using alternative methods of meeting nondiscrimination requirements. Provides that elective deferrals will not be taken into account for purposes of a special rule where the maximum contribution is less than three percent. (Sec. 1204) Provides that elective deferrals shall not be taken into account for purposes of limits on certain plan contributions. (Sec. 1205) Repeals specified coordination requirements under the Code for deferred compensation plans of State and local governments and tax-exempt organizations. (Sec. 1206) Eliminates user fee requirements for requests to the Internal Revenue Service (IRS) concerning the status of pension plans. (Sec. 1207) Revises certain deduction limits for stock bonus and profit sharing trusts and for defined contribution plans. (Sec. 1208) Provides for optional treatment of elective deferrals as plus contributions. Title XIII: Enhancing Fairness for Women - Allows individuals who are age 50 or older to make additional contributions to an applicable employer plan (Section 401(k) plan or similar plan). Sets such maximum permitted additional contribution at $5,000, indexed in 2006 and thereafter. (Sec. 1302) Sets forth requirements relating to equitable treatment for contributions of employees to defined contribution plans. Increases the 25 percent of compensation limitation on annual additions under a defined contribution plan to 100 percent. Declares that certain contributions by church plans are not to be treated as exceeding a specified limit. Sets limits on contributions to a tax-sheltered annuity which are similar to the limits applicable to tax-qualified plans. Increases the 33 and one-third percent of compensation limitation on deferrals under a section 457 plan to 100 percent of compensation. (Sec. 1303) Provides for faster vesting of certain employer matching contributions under the Code. Requires employer matching contributions to vest at least as rapidly as under three-year cliff vesting or under six-year graded vesting that provides for a nonforfeitable right to 20 percent of employer matching contributions for each year of service beginning with the participant's second year of service and ending with 100 percent after six years of service. (Sec. 1304) Revises minimum distribution rules under the Code. Revises requirements for actuarial adjustment of benefits under a defined benefit plan. Directs the Secretary of the Treasury (the Secretary) to: (1) simplify and finalize the regulations relating to minimum distribution requirements; and (2) modify such regulations to reflect increases in life expectancy, and revise required distribution methods so that, under reasonable assumptions, the amount of the required minimum distribution does not decrease over a participant's life expectancy. Provides that, during the first year that such revised regulations are in effect, required distributions for future years may be redetermined, with the opportunity to choose a new designated beneficiary and to elect a new method of calculating life expectancy. Excludes specified amounts from minimum distribution requirements. Repeals a rule relating to distributions begun before death occurs. Reduces the excise tax on failures to satisfy the minimum distribution rules to ten percent of the amount that was required to be distributed but was not distributed. (Sec. 1305) Revises requirements relating to tax treatment of division of section 457 plan benefits upon divorce. Applies the taxation rules for qualified plan distributions pursuant to a qualified domestic relations order to distributions made pursuant to a domestic relations order from a section 457 plan. Provides that a section 457 plan is not to be treated as violating the restrictions on distributions from such plans due to payments to an alternate payee under a qualified domestic relations order. (Sec. 1306) Modifies provisions for safe harbor relief for hardship withdrawals from 401(k) plans. Directs the Secretary to reduce from 12 months to six months the period during which an employee is prohibited from making elective contributions and employee contributions in order for a distribution to be deemed necessary to satisfy an immediate and heavy financial need. Title XIV: Increasing Portability for Participants - Permits rollovers from and to various types of plans under the Code. (Sec. 1402) Permits individual retirement plan (IRA) rollovers into workplace retirement plans only if certain conditions are met. (Sec. 1403) Permits rollover of after-tax contributions in an exempt trust under specified conditions. (Sec. 1404) Sets forth a hardship exception to the 60-day rule. Authorizes the Secretary to waive the 60-day rollover period if the failure to waive such requirement would be against equity or good conscience, including cases of casualty, disaster, or other events beyond the reasonable control of the individual subject to such requirement. (Sec. 1405) Sets forth requirements for treatment of forms of distribution available under transferor and transferee plans under the Code. (Sec. 1406) Revises restrictions on distributions, including the same desk exception. Repeals business sale requirements. (Sec. 1407) Authorizes trustee-to-trustee transfers to purchase permissive service credit with respect to governmental defined benefit plans. (Sec. 1408) Allows employers to disregard rollovers for purposes of cash-out amounts, under retirement plan provisions of the Code. (Sec. 1409) Revises minimum distribution and inclusion requirements for section 457 plans. Title XV: Strengthening Pension Security and Enforcement - Revises the percentage of current liability funding limit. (Sec. 1502) Revises maximum contribution deduction rules. Applies such rules to all defined benefit plans. (Sec. 1503) Allows an employer, in determining the amount of nondeductible contributions for any taxable year, to elect not to take into account any contributions to a defined benefit plan except to the extent that they exceed the full-funding limitation. (Sec. 1504) Requires plan administrators of defined benefit plans (other than governmental plans and certain church plans) with more than 100 participants to notify plan participants and beneficiaries in advance of an amendment that significantly reduces the rate of future benefit accruals. Requires such notice to include sufficient information to allow participants and beneficiaries to understand the effect of the amendment. Imposes an excise tax on the employer or upon a multiemployer plan if the required notice is not provided. (Sec. 1505) Makes certain limitation rules (under section 415 of the Code) for defined benefit plans inapplicable to governmental or multiemployer plans. Sets forth special rules relating to the combination or aggregation of multiemployer plans. (Sec. 1506) Imposes an excise tax on employee stock ownership plans (ESOPs) that engage in prohibited transactions with disqualified individuals who are deemed to be substantial shareholders of the corporation sponsoring the plan. Title XVI: Reducing Regulatory Burdens - Revises requirements relating to timing of plan valuations. (Sec. 1602) Allows applicable dividends of ESOPs to be reinvested without loss of dividend deduction. (Sec. 1603) Repeals a transition rule relating to certain highly compensated employees under the Tax Reform Act of 1986. (Sec. 1604) Directs the Secretary to modify certain regulations with respect to certain plan participation by employees of tax-exempt entities under the Code. (Sec. 1605) Treats the provision of certain retirement planning services by an employer to an employee as a de minimis fringe benefit to the extent it is not treated as a working condition fringe. Prohibits including an amount in an employee's gross income solely because the employee may choose between any retirement planning fringe and compensation otherwise includible in gross income, providing such choices are available in a way that does not discriminate in favor of highly compensated employees. (Sec. 1606) Directs the Secretary to provide simplified annual filing requirements for: (1) one-participant (an owner and spouse) retirement plans with assets below a specified amount; or (2) retirement plans for fewer than 25 employees. (Sec. 1607) Directs the Secretary to continue to update and improve the Employee Plans Compliance Resolution System (EPCRS), or any successor program, giving special attention to: (1) increasing the awareness and knowledge of small employers concerning the availability and use of EPCRS; (2) taking into account special concerns and circumstances that small employers face with respect to compliance and correction of compliance failures; (3) extending the duration of the self-correction period under the Administrative Policy Regarding Self-Correction (APRSC) for significant compliance failures; (4) expanding the availability to correct insignificant compliance failures under APRSC during audit; and (5) assuring that any tax, penalty, or sanction that is imposed by reason of a compliance failure is not excessive and bears a reasonable relationship to the nature, extent, and severity of the failure. (Sec. 1608) Repeals a multiple use test, and directs the Secretary to prescribe regulations, as necessary, including ones permitting appropriate aggregation of plans and contributions. (Sec. 1609) Directs the Secretary to provide by regulation circumstances under which plans can use a facts and circumstances test, which was in effect before 1994, to satisfy nondiscrimination, coverage, and line of business rules. (Sec. 1610) Exempts plans maintained by any governmental entity from certain nondiscrimination rules. (Sec. 1611) Directs the Secretary to modify specified regulations to require: (1) that the applicable distribution notice period be not more than 180 (currently 90) and not less than 30 days before the date distribution commences; and (2) the description of a participant's right, if any, to defer receipt of a distribution include a description of the consequences of failing to defer such receipt. Title XVII: Plan Amendments - Prescribes requirements for plan amendments or annuity contract amendments under the Code.
United States · United States Congress · 14 September 2000
Debt Relief Lock-box Reconciliation Act for Fiscal Year 2001 - Title I: Debt Reduction Lock-Box - Amends Federal public finance provisions to establish the Public Debt Reduction Payment Account in the Treasury. Requires the Secretary of the Treasury to use amounts in the Account to pay at maturity, or redeem or buy before maturity, any Government obligation held by the public and included in the public debt. Provides that any obligation which is paid, redeemed, or bought with amounts from the Account shall be canceled and retired and prohibits its reissuance. Appropriates funds for the Account. Prohibits such appropriation from being considered as direct spending for purposes of pay-as-you-go provisions of the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act). (Sec. 102) Reduces the public debt limit by the amount appropriated into the Account. (Sec. 103) Bars Account receipts and disbursements from being counted as new budget authority, outlays, receipts, or deficit or surplus for purposes of : (1) the Federal Government budget as submitted by the President; (2) the congressional budget; or (3) the Gramm-Rudman-Hollings Act. (Sec. 105) Requires the Secretary to report to specified congressional committees on the Account. Title II: Social Security and Medicare Lock-Box - Amends H. Con. Res. 290 (106th Congress) to replace a point of order in the House of Representatives or the Senate against consideration of any revision of such resolution or any concurrent budget resolution for FY 2002 that sets forth a deficit for any fiscal year with one that provides a point of order against consideration of any budget resolution that sets forth a surplus for any fiscal year that is less than the surplus of the Federal Hospital Insurance Trust Fund for such year. Makes it out of order in the House or the Senate to consider any bill, joint resolution, amendment, motion, or conference report if the enactment of the reported bill or resolution, the adoption and enactment of an amendment, or the enactment of a bill or resolution in the form recommended in the conference report would cause the on-budget surplus for any fiscal year to be less than the projected surplus of the Federal Hospital Insurance Trust Fund for such year or increase the amount by which the on-budget surplus for any fiscal year would be less than such trust fund surplus for that year. Makes such point of order inapplicable to social security or Medicare reform legislation. Requires any Federal budget submitted by the President that recommends an on-budget surplus for any fiscal year that is less than the surplus of the Federal Hospital Insurance Trust Fund for such year to include proposed legislative language for social security or Medicare reform legislation. Makes the lock-box requirements of H. Con. Res. 290 (106th Congress) and the preceding paragraph inapplicable upon the enactment of social security and Medicare reform legislation. Defines "social security reform legislation" and "Medicare reform legislation" as a bill or joint resolution to save social security or Medicare, respectively, that specifies that it constitutes reform legislation for purposes of such resolution. (Sec. 202) Requires any official Federal Government statement of the Federal or congressional budget surplus or deficit totals to exclude the outlays and receipts of the Old-Age, Survivors, and Disability Insurance Program under the Social Security Act. Requires such outlays and receipts to be submitted in separate social security budget documents.
United States · United States Congress · 12 September 2000
Expresses the sense of the House of Representatives that Congress should support: (1) efforts to promote awareness of cancer among children; (2) increased investment in childhood cancer research; (3) policies that provide incentives to encourage medical trainees and investigators to enter the field of pediatric oncology, that provide incentives to encourage the development of pediatric cancer drugs and biologics, and that encourage participation in clinical trials; and (4) medical education curricula designed to improve pain management for cancer patients.
United States · United States Congress · 7 September 2000
National Media Campaign to Prevent Underage Drinking Act of 2000 - Directs the Secretary of Health and Human Services to develop, implement, and conduct a national media campaign for the purpose of reducing and preventing underage drinking in the United States. Authorizes appropriations.
United States · United States Congress · 27 July 2000
National Advisory Commission on Tax Reform and Simplification Act of 2000 - Establishes within the legislative branch a National Advisory Commission on Tax Reform and Simplification which shall review and, when applicable, issue proposals on: (1) the present structure and provisions of the Internal Revenue Code; (2) whether tax systems imposed under the laws of other countries could provide more efficient, simple, and fair methods of funding the revenue requirements of the Government; (3) whether the income tax should be replaced with a tax imposed in a different manner or on a different base; and (4) whether the Internal Revenue Code can be simplified, absent wholesale restructuring or replacement. Authorizes appropriations for the Commission. Terminates the Commission after the submission of a report.
United States · United States Congress · 17 July 2000
Debt Relief Reconciliation Act for Fiscal Year 2001 - Amends Federal public finance provisions to establish the Public Debt Reduction Payment Account in the Treasury. Requires the Secretary of the Treasury to use amounts in the Account to pay at maturity, or redeem or buy before maturity, any Government obligation held by the public and included in the public debt. Provides that any obligation which is paid, redeemed, or bought with amounts from the Account shall be canceled and retired and prohibits its reissuance. Appropriates funds for the Account. Prohibits such appropriation from being considered as direct spending for purposes of pay-as-you-go provisions of the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act). Reduces the public debt limit by the amount appropriated into the Account. Bars Account receipts and disbursements from being counted as new budget authority, outlays, receipts, or deficit or surplus for purposes of : (1) the Federal Government budget as submitted by the President; (2) the congressional budget; or (3) the Gramm-Rudman-Hollings Act. Requires the Secretary to report to specified congressional committees on the Account.
United States · United States Congress · 13 July 2000
Privacy and Identity Protection Act of 2000 - Title I: Provisions Relating to the Social Security Account Number - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act (SSA) with regard to: (1) governmental use and treatment of social security account numbers, including restrictions on the sale of such account numbers by governmental agencies; and (2) prohibitions against public access to such account numbers in governmental agency possession, and against use of such account numbers on checks issued for payment by such agencies. (Sec. 101) Directs the Comptroller General to study and report to the Congress on: (1) the current usage by governmental agencies of the Social Security account numbers of individuals, and derivatives of such numbers, for identification purposes; and (2) the most effective means by which any such usage extending beyond the original purposes of the Social Security account number may be minimized. Amends SSA title II to provide for independent verification of birth records provided in support of applications for Social Security account numbers. Directs the Commissioner of Social Security and the Attorney General to report jointly to Congress on the progress of the Social Security Administration and the Immigration and Naturalization Service in implementing a process for enumeration at entry for aliens entering the United States. Amends SSA title II to prohibit: (1) the appearance of Social Security account numbers on driver's licenses or motor vehicle registrations; and (2) the display of such account numbers, or any derivative, on any card or tag provided by governmental agencies to their employees for identification purposes. (Sec. 102) Provides for the regulation and restriction of the sale and purchase of the Social Security account number in the private sector. (Sec. 103) Amends SSA title II to subject criminal penalties the sale and purchase of Social Security account numbers. (Sec. 104) Amends SSA title XI with regard to civil monetary penalty authority concerning treatment of withholding of material facts, and application of civil money penalties to elements of criminal violations. (Sec. 105) Amends SSA titles II and XVI (Supplementary Security Income) (SSI) to provide authority for judicial orders of restitution in cases of Social Security payments obtained by fraud. Amends SSA title VII (Administration) to provide for the establishment of a special fund in the Treasury for receipt of restitution payments. (Sec. 106) Amends the Fair Credit Reporting Act to provide for confidential treatment of credit report header information including the Social Security account number of the consumer or any derivative thereof. (Sec. 107) Amends SSA title VII to provide for law enforcement authority by special agents of the Office of the Inspector General of the Social Security Administration. Title II: Provisions Relating to Representative Payees - Amends SSA titles II and XVI to authorize reissue to beneficiaries or alternative representative payees of OASDI and SSI benefits misused by organizational representative payees. (Sec. 202) Amends SSA titles II and XVI to provide for: (1) oversight of nongovernmental organizational representative payees and disqualification from service as a representative payee upon a felony conviction; (2) fee forfeiture in case of benefit misuse by such a representative payees; (3) liability of representative payees for misused benefits; and (4) extension of civil monetary penalty authority with respect to representative payees.
United States · United States Congress · 13 July 2000
Comprehensive Retirement Security and Pension Reform Act of 2000 - Amends the Internal Revenue Code (the Code) with respect to pensions. Title I: Individual Retirement Account Provisions - Amends the Code to increase the annual dollar Individual Retirement Account (IRA) contribution limit from $2,000 to $3,000 in 2001, $4,000 in 2002, and $5,000 in 2003, with indexing thereafter. Provides, for individuals age 50 and older, that such limit shall be $5,000 beginning in 2001, with indexing after 2003. Title II: Expanding Coverage - Provides for increases in amounts of benefit and contribution limits. Sets indexes for inflation in various increments on such increased limits. (Sec. 202) Revises requirements relating to plan loans for subchapter S owners, partners, and sole proprietors. (Sec. 203) Revises specified top-heavy rules. Repeals family aggregation rules. Revises the definition of key employee. Provides that, at the election of the employer, any employee elective contribution to a plan shall not be taken into account for purposes of determining: (1) whether a plan is a top-heavy plan (or whether any aggregation group which includes such plan is a top-heavy group); or (2) compensation. Requires that employer matching contributions be taken into account for purposes of minimum contribution requirements. Revises requirements for qualifications. Provides for distributions during the last year before a determination date is taken into account. Excludes from the definition of top-heavy plan: (1) cash or deferred arrangements using alternative methods of meeting nondiscrimination requirements; and (2) defined contribution plans using alternative methods of meeting nondiscrimination requirements. Provides that elective deferrals will not be taken into account for purposes of a special rule where the maximum contribution is less than three percent. (Sec. 204) Provides that elective deferrals shall not be taken into account for purposes of limits on certain plan contributions. (Sec. 205) Repeals specified coordination requirements under the Code for deferred compensation plans of State and local governments and tax-exempt organizations. (Sec. 206) Eliminates user fee requirements for requests to the Internal Revenue Service (IRS) concerning the status of pension plans. (Sec. 207) Revises certain deduction limits for stock bonus and profit sharing trusts and for defined contribution plans. (Sec. 208) Provides for optional treatment of elective deferrals as plus contributions. Title III: Enhancing Fairness for Women - Allows individuals who are age 50 or older to make additional contributions to an applicable employer plan (Section 401(k) plan or similar plan). Sets such maximum permitted additional contribution at $5,000, indexed in 2006 and thereafter. (Sec. 302) Sets forth requirements relating to equitable treatment for contributions of employees to defined contribution plans. Increases the 25 percent of compensation limitation on annual additions under a defined contribution plan to 100 percent. Declares that certain contributions by church plans are not to be treated as exceeding a specified limit. Sets limits on contributions to a tax-sheltered annuity which are similar to the limits applicable to tax-qualified plans. Increases the 33 and one-third percent of compensation limitation on deferrals under a section 457 plan to 100 percent of compensation. (Sec. 303) Provides for faster vesting of certain employer matching contributions under the Code. Requires employer matching contributions to vest at least as rapidly as under three-year cliff vesting or under six-year graded vesting that provides for a nonforfeitable right to 20 percent of employer matching contributions for each year of service beginning with the participant's second year of service and ending with 100 percent after six years of service. (Sec. 304) Revises minimum distribution rules under the Code. Revises requirements for actuarial adjustment of benefits under a defined benefit plan. Directs the Secretary of the Treasury (the Secretary) to: (1) simplify and finalize the regulations relating to minimum distribution requirements; and (2) modify such regulations to reflect increases in life expectancy, and revise required distribution methods so that, under reasonable assumptions, the amount of the required minimum distribution does not decrease over a participant's life expectancy. Provides that, during the first year that such revised regulations are in effect, required distributions for future years may be redetermined, with the opportunity to choose a new designated beneficiary and to elect a new method of calculating life expectancy. Excludes specified amounts from minimum distribution requirements. Repeals a rule relating to distributions begun before death occurs. Reduces the excise tax on failures to satisfy the minimum distribution rules to ten percent of the amount that was required to be distributed but was not distributed. (Sec. 305) Revises requirements relating to tax treatment of division of section 457 plan benefits upon divorce. Applies the taxation rules for qualified plan distributions pursuant to a qualified domestic relations order to distributions made pursuant to a domestic relations order from a section 457 plan. Provides that a section 457 plan is not to be treated as violating the restrictions on distributions from such plans due to payments to an alternate payee under a qualified domestic relations order. (Sec. 306) Modifies provisions for safe harbor relief for hardship withdrawals from 401(k) plans. Directs the Secretary to reduce from 12 months to six months the period during which an employee is prohibited from making elective contributions and employee contributions in order for a distribution to be deemed necessary to satisfy an immediate and heavy financial need. Title IV: Increasing Portability for Participants - Permits rollovers from and to various types of plans under the Code. (Sec. 402) Permits individual retirement plan (IRA) rollovers into workplace retirement plans only if certain conditions are met. (Sec. 403) Permits rollover of after-tax contributions in an exempt trust under specified conditions. (Sec. 404) Sets forth a hardship exception to the 60-day rule. Authorizes the Secretary to waive the 60-day rollover period if the failure to waive such requirement would be against equity or good conscience, including cases of casualty, disaster, or other events beyond the reasonable control of the individual subject to such requirement. (Sec. 405) Sets forth requirements for treatment of forms of distribution available under transferor and transferee plans under the Code. (Sec. 406) Revises restrictions on distributions, including the same desk exception. Repeals business sale requirements. (Sec. 407) Authorizes trustee-to-trustee transfers to purchase permissive service credit with respect to governmental defined benefit plans. (Sec. 408) Allows employers to disregard rollovers for purposes of cash-out amounts, under retirement plan provisions of the Code. (Sec. 409) Revises minimum distribution and inclusion requirements for section 457 plans. Title V: Strengthening Pension Security and Enforcement - Revises the percentage of current liability funding limit. (Sec. 502) Revises maximum contribution deduction rules. Applies such rules to all defined benefit plans. (Sec. 503) Allows an employer, in determining the amount of nondeductible contributions for any taxable year, to elect not to take into account any contributions to a defined benefit plan except to the extent that they exceed the full-funding limitation. (Sec. 504) Requires plan administrators of defined benefit plans (other than governmental plans and certain church plans) with more than 100 participants to notify plan participants and beneficiaries in advance of an amendment that significantly reduces the rate of future benefit accruals. Requires such notice to include sufficient information to allow participants and beneficiaries to understand the effect of the amendment. Imposes an excise tax on the employer or upon a multiemployer plan if the required notice is not provided. (Sec. 505) Makes certain limitation rules (under section 415 of the Code) for defined benefit plans inapplicable to governmental or multiemployer plans. Sets forth special rules relating to the combination or aggregation of multiemployer plans. (Sec. 506) Imposes an excise tax on employee stock ownership plans (ESOPs) that engage in prohibited transactions with disqualified individuals who are deemed to be substantial shareholders of the corporation sponsoring the plan. Title VI: Reducing Regulatory Burdens - Revises requirements relating to timing of plan valuations. (Sec. 602) Allows applicable dividends of ESOPs to be reinvested without loss of dividend deduction. (Sec. 603) Repeals a transition rule relating to certain highly compensated employees under the Tax Reform Act of 1986. (Sec. 604) Directs the Secretary to modify certain regulations with respect to certain plan participation by employees of tax-exempt entities under the Code. (Sec. 605) Treats the provision of certain retirement planning services by an employer to an employee as a de minimis fringe benefit to the extent it is not treated as a working condition fringe. Prohibits including an amount in an employee's gross income solely because the employee may choose between any retirement planning fringe and compensation otherwise includible in gross income, providing such choices are available in a way that does not discriminate in favor of highly compensated employees. (Sec. 606) Directs the Secretary to provide simplified annual filing requirements for: (1) one-participant (an owner and spouse) retirement plans with assets below a specified amount; or (2) retirement plans for fewer than 25 employees. (Sec. 607) Directs the Secretary to continue to update and improve the Employee Plans Compliance Resolution System (EPCRS), or any successor program, giving special attention to: (1) increasing the awareness and knowledge of small employers concerning the availability and use of EPCRS; (2) taking into account special concerns and circumstances that small employers face with respect to compliance and correction of compliance failures; (3) extending the duration of the self-correction period under the Administrative Policy Regarding Self-Correction (APRSC) for significant compliance failures; (4) expanding the availability to correct insignificant compliance failures under APRSC during audit; and (5) assuring that any tax, penalty, or sanction that is imposed by reason of a compliance failure is not excessive and bears a reasonable relationship to the nature, extent, and severity of the failure. (Sec. 608) Repeals a multiple use test, and directs the Secretary to prescribe regulations, as necessary, including ones permitting appropriate aggregation of plans and contributions. (Sec. 609) Directs the Secretary to provide by regulation circumstances under which plans can use a facts and circumstances test, which was in effect before 1994, to satisfy nondiscrimination, coverage, and line of business rules. (Sec. 610) Exempts plans maintained by any governmental entity from certain nondiscrimination rules. (Sec. 611) Directs the Secretary to modify specified regulations to require: (1) that the applicable distribution notice period be not more than 180 (currently 90) and not less than 30 days before the date distribution commences; and (2) the description of a participant's right, if any, to defer receipt of a distribution include a description of the consequences of failing to defer such receipt. Title VII: Plan Amendments - Prescribes requirements for plan amendments or annuity contract amendments under the Code.
United States · United States Congress · 12 July 2000
Family Opportunity Act of 2000 - Amends title XVIII (Medicare) of the Social Security Act (SSA) to: (1) give States the option of allowing families of disabled children to purchase Medicaid coverage for such children; and (2) provide for treatment of inpatient psychiatric hospital services for individuals under age 21 under waivers allowing for payment for part or all of the cost of home or community-based services. Authorizes a State to apply to the Secretary of Health and Human Services for approval of a demonstration project to provide Medicaid coverage to up to a specified maximum number of children with a potentially severe disability. Amends SSA title V (Maternal and Child Health Services) to make appropriations to the Secretary for special projects of regional and national significance for development and support of family-to-family health information centers. Amends SSA title XIX to provide for the restoration of Medicaid eligibility to certain SSI (Supplemental Security Income) (SSA title XVI) beneficiaries under age 21.
United States · United States Congress · 27 June 2000
Expresses the sense of the House of Representatives that: (1) the Federal Government has a responsibility to increase research funding to find a treatment and cure for polycystic kidney disease, to raise awareness about such disease, and to promote kidney organ donations; (2) all Americans should review their kidney health condition; and (3) organizations and health care providers should promote awareness of such disease and encourage its early detection.