Housing

An original resolution authorizing expenditures by committees of the Senate for the periods October 1, 1999, through September 30, 2000, and October 1, 2000, through February 28, 2001.

United States · United States Congress · 27 September 1999

Authorizes expenditures by the following Senate committees from October 1, 1999, through September 30, 2000, and October 1, 2000, through February 28, 2001: (1) Agriculture, Nutrition, and Forestry; (2) Armed Services; (3) Banking, Housing, and Urban Affairs; (4) Budget; (5) Commerce, Science, and Transportation; (6) Energy and Natural Resources; (7) Environment and Public Works; (8) Finance; (9) Foreign Relations; (10) Governmental Affairs; (11) Judiciary; (12) Health, Education, Labor, and Pensions; (13) Rules and Administration; (14) Small Business; (15) Veterans' Affairs; (16) Aging; (17) Intelligence; and (18) Indian Affairs. Provides that within the funds in the account "Expenses of Inquiries and Investigations" appropriated by the legislative branch appropriations Acts for FY 2000 and 2001 there is authorized to be established a special reserve to be available to any committee to meet specified unpaid obligations or expenses.

Children's Protection and Community Cleanup Act of 1999

United States · United States Congress · 27 September 1999

Children's Protection and Community Cleanup Act of 1999 - Title I: Remedy - Amends the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA) to revise general rules for the selection of remedial cleanup actions. Removes a provision requiring the President to specifically address the long-term effectiveness of various alternative treatment or resource recovery technologies. Requires remedial actions to: (1) make contaminated property available for beneficial use to the maximum extent practicable; and (2) protect uncontaminated groundwater and surface water, wherever technically feasible, and restore such water to beneficial uses in a reasonable time period given the circumstances of the release of the hazardous substance concerned. Lists minimum factors to be taken into account by the President in assessing alternative remedial actions and selecting remedial actions. Requires selected remedial actions, unless the President determines that a risk-based standard for a contaminant is based on data and assumptions adequate to assure protection of children's health, to reduce contamination to background levels (where more stringent) with respect to such contaminant, to the maximum extent technically feasible. Prohibits the selection of an action that allows hazardous substances to remain on site above levels that would be protective for unrestricted use unless institutional controls are incorporated into the action to achieve protection of human health and the environment during and after completion of the action. Requires remedial actions for hazardous substances that remain on site to comply with any more stringent and legally applicable tribal standard. Directs the President to ensure that a remedial action attains standards of control protective of human health and the environment in cases where: (1) no Federal, State, or tribal standard has been established for the specific hazardous substance present at the facility where the action is being undertaken; or (2) there are multiple hazardous substances present and the remedial action is not protective even though applicable requirements would be attained. Removes a provision which requires the President to conform a remedial action to a State standard in cases where a State has initiated a law suit against the Environmental Protection Agency (EPA) prior to May 1, 1986. Eliminates a provision which allows the President to select a remedial action that does not attain a standard equivalent to a legally applicable standard if compliance with requirements is technically impracticable from an engineering perspective. Sets forth minimum requirements for remedies for contaminated groundwater or surface water in cases where a legally applicable standard for a hazardous substance is waived. Authorizes the President to use institutional controls as a supplement to, but not as a substitute for, other response measures under CERCLA. Lists requirements for actions that rely on institutional controls. Provides for funds to be established for facilities for which the selected remedy is containment or at which hazardous substances remain on site above levels that would allow for unrestricted use of the facility. Requires such funds to be sufficient to guarantee successful performance of a remedy and, to the extent technically feasible, future beneficial reuse. Directs the EPA Administrator (Administrator) to report annually to Congress, for each record of decision signed during the previous fiscal year, on the type of institutional controls and media affected and the institution designated to monitor, enforce, and ensure compliance with such controls. Makes procedural requirements of State laws inapplicable to the portion of any removal or remedial action conducted entirely on site, except for recordkeeping and reporting. (Sec. 102) Sets forth criteria for institutional control instruments. Requires the President, if such an instrument is adopted, to record a notice of property use restriction in the public land records for the jurisdiction in which the affected property is located. Makes such instruments enforceable in perpetuity (unless terminated and released) against holders of interest in an affected property and all persons who subsequently acquire such interest. Directs the President to maintain a registry of all property at which institutional controls have been established in connection with response actions. Describes types of institutional control instruments, including easements. Authorizes the President, in order to respond to a release or threatened release of a hazardous substance, to acquire an easement to limit or control the use of land or other natural resources. Permits easements to be used wherever institutional controls have been selected as a component of a response action. Sets forth provisions regarding the President's authority to assign easements to other parties, issue orders imposing restrictions on land or natural resources, and include State institutional controls in response actions. (Sec. 103) Requires the President to ensure that a removal action is not undertaken in lieu of a long-term remedial action. Title II: Community Participation and Human Health - Subtitle A: Community Participation - Revises provisions regarding grants for technical assistance to make such grants available to Community Advisory Groups or affected communities (defined as two or more individuals affected by the release or threatened release of a hazardous substance at a covered facility). Defines a "covered facility" as a facility: (1) that has been listed or proposed for listing on the National Priorities List (NPL); (2) at which the Administrator is undertaking an action anticipated to exceed one year or a specified funding limit; or (3) with respect to which the Agency for Toxic Substances and Disease Registry (ATSDR) Administrator has accepted a petition requesting a health assessment or related health activity. Expands the list of authorized grant activities and increases the maximum amount of such grants. Requires the President to take specified actions to provide for meaningful public participation in every significant phase of response activities under CERCLA. Permits Community Advisory Groups, affected Indian tribes and communities, and local government and health officials to propose remedial alternatives to the President. Requires the President to make records relating to response actions at a covered facility available to the public throughout all phases of an action. Sets forth additional requirements with respect to public notice of certain removal actions. (Sec. 203) Requires States or Indian tribes with covered facilities to establish Community Information and Access Offices. Provides funding for such Offices. Directs the Administrator to establish Offices for States or tribes that fail to do so. (Sec. 204) Requires the President to provide the opportunity for the establishment of a Community Advisory Group, a representative public forum, to achieve direct, regular, and meaningful consultation with all interested parties throughout all stages of a response action whenever: (1) the President determines such a group will be helpful; or (2) ten individuals residing in the area in which the covered facility is located, or ten percent of the population of a locality in which the covered facility is located, whichever is fewer, petition for a Group to be established. Directs the President to adopt any consensus recommendation of a Group on land use as part of the remedy selected for the facility, with exceptions. Authorizes the President to provide administrative support for such groups. Directs the Administrator to submit to Congress a community study that includes an analysis of: (1) the speed of listing; (2) the speed and nature of response actions; (3) the degree to which public views are reflected in response actions; (3) use of institutional controls; and (4) the population, race, ethnicity, and income characteristics of communities affected by facilities listed or proposed for listing on the NPL. Requires periodic updates of such study. Directs the Administrator to institute necessary improvements or modifications to address any deficiencies identified by the study. (Sec. 206) Requires the Administrator to conduct a program to assist in the recruitment and training of individuals in affected communities for employment in response activities. Subtitle B: Human Health - Directs the President to notify State and local public health authorities and tribal health officials whenever there is reason to believe that a release (or threat of release) of a hazardous substance, pollutant, or contaminant has occurred, is occurring, or is about to occur. Requires the ATSDR Administrator to perform a health assessment for each facility listed, or proposed for listing, on the NPL, including Federal facilities. Permits related health activities to be performed in lieu of assessments for facilities that are so listed or proposed for ecological reasons only. Requires the ATSDR Administrator to develop and distribute educational materials on human health effects of hazardous substances to the public. (Sec. 213) Provides for research on exposure or tolerance limits for hazardous substances found commonly at NPL facilities in cases where adequate information on health effects of a substance is not available. Expands the duties of the ATSDR Administrator to require the Administrator to establish an inventory of exposure or tolerance limits for such substances. (Sec. 215) Directs the President, in any case in which a person is relocated in order to reduce exposure and eliminate health risks from hazardous substances, to provide to the individual the replacement value of the individual's residence. (Sec. 216) Authorizes and directs the ATSDR Administrator, pursuant to specified grants and contracts, to provide health services to communities affected by the release of hazardous substances. Makes funds available for such services for FY 2002 through 2006. (Sec. 217) Provides for cooperation with Indian tribes with respect to certain ATSDR activities. Requires the ATSDR Administrator to include in a biennial report on ATSDR activities the health impacts on Indian tribes of hazardous substances from covered facilities. Subtitle C: General Provisions - Sets forth effective dates for provisions of this title. Title III: Right to Know - Requires the annual disclosure of certain information by potentially responsible parties at NPL facilities and owners or operators of facilities subject to toxic chemical release reporting requirements under the Emergency Planning and Community Right-To-Know Act of 1986 (EPCRA). Includes within such required disclosures information on quantities of certain hazardous substances and potential exposure of facility employees. Directs the Administrator to consolidate all annual reporting pursuant to title I of CERCLA and other Federal environmental laws to the extent not prohibited by such laws. Prescribes penalties for noncompliance with disclosure requirements. Amends EPCRA to permit the withholding of portions of information required to be disclosed under CERCLA for purposes of protecting trade secrets. (Sec. 302) Requires owners or operators of facilities subject to EPCRA reporting requirements to submit to the Administrator and State officials annual unstudied chemical release forms for each chemical subject to this section that was manufactured, processed, or used in quantities exceeding thresholds during the preceding year at the facility. Permits the Administrator to: (1) apply such requirements to other facilities that use unstudied chemicals, as appropriate; and (2) exclude a class of facilities in a Standard Industrial Classification Code that is required to report under EPCRA if unstudied chemicals will not cause certain adverse human health or environmental effects. Makes subject to the requirements of this section an unstudied chemical: (1) for which the information needed to complete a preliminary assessment of potential toxicity is not available; and (2) that is a compound containing at least carbon, hydrogen, and one or more of the elements chlorine, fluorine, or bromine or is a compound included on the 1990 High Production Volume List issued pursuant to the Toxic Substances Control Act. Authorizes the addition of chemicals subject to such requirements based on health or environmental effects or presence in human tissues, food stuffs, or drinking water. Excludes from reporting requirements chemicals: (1) that are listed under EPCRA; (2) that are high molecular weight polymers; or (3) for which information is publicly available. Sets forth provisions regarding information needed for preliminary assessment of potential toxicity of unstudied chemicals. Establishes threshold amounts of unstudied chemicals which trigger reporting requirements. Makes release form information publicly available. Authorizes petitions to the Administrator to compel certain actions under this title, including the exemption from reporting, addition of chemicals subject to reporting, and revision of thresholds. Requires the Administrator to establish a national unstudied chemicals inventory based on submitted data. Makes violations of this title subject to civil and administrative penalties under EPCRA. Provides trade secret protection for information disclosed under this title in the same manner as provided under EPCRA. Title IV: Environmental Justice - Directs the President, acting through the Secretary of Commerce, to publish a list of special priority areas which shall be geographic areas in which residents face a high degree of economic distress or social disenfranchisement. Provides for updates to such list no later than two years after each official census count on social and economic characteristics. Describes areas to be included on such list. Requires the President to advertise the right of petition for assessment of a hazardous substance release in such areas. Directs the President to publish a list of special priority facilities which shall be those facilities located in special priority areas that are: (1) listed in the Comprehensive Environmental Response, Compensation, and Liability Information System; (2) the subject of a petition; or (3) those the President considers appropriate. Establishes deadlines for completing preliminary assessments, site inspections, and hazard ranking of such facilities and for listing them on the NPL. Requires the President to ensure that a remedial action for any such facility on the NPL is completed within three years of placement on the NPL. Provides exceptions from placing such facilities on the NPL. Title V: Children's Environmental Health - Requires the ATSDR Administrator and the Administrator to create a scientifically peer-reviewed list of environmental pollutants commonly found at facilities listed or proposed for listing on the NPL with known or suspected health risks to which fetuses and children are especially susceptible. Provides for a toxicological profile for each listed substance. Directs the Administrator or the Secretary of Health and Human Services, as appropriate, to review and revise, where necessary, environmental and public health regulations, risk assessment policies and procedures, and guidance documents issued under CERCLA to determine whether they consider and fully protect fetal and children's health. Incorporates fetal and children's health concerns into all health research initiatives under CERCLA. Requires the ATSDR Administrator to develop: (1) guidelines for addressing fetal and children's health issues in health studies and research programs; and (2) criteria for determining when and what type of child-specific health study shall be conducted based on the results of a health assessment. Expresses the sense of the Congress that the costs of such research programs should be borne by the manufacturers and processors of the hazardous substance in question. Directs the ATSDR Administrator to: (1) establish an exposure registry for all children exposed to hazardous substances as the result of a release at an NPL facility where levels of exposure are significant for children's health; and (2) implement specified children's environmental health education and training programs. Requires all lists, profiles, studies, and research results conducted under this title to be reported or adopted only after appropriate peer review. Sets forth requirements for peer reviews. Title VI: Brownfield Remediation and Environmental Cleanup - Subtitle A: Brownfields - Directs the Administrator to establish a program to award grants to local governments to inventory and conduct site assessments of brownfield sites and provide training in the cleanup of such sites. Defines a "brownfield site" as land that contains or contained abandoned or under-used commercial or industrial facilities, the expansion or redevelopment of which may be complicated by the presence of hazardous substances, pollutants, or contaminants. Sets forth grant application requirements and grant conditions. Requires States to submit information to the Administrator on brownfield sites. Directs the Administrator to compile a National Brownfields Registry. Directs the Administrator to establish a program to award grants to be used by local governments to capitalize revolving loan funds for the cleanup of brownfield sites, including associated rivers and streams. Authorizes local governments to provide such loans to finance cleanups by such governments or by owners or prospective purchasers of affected brownfield sites. Sets forth grant application and agreement requirements. Requires grant recipients to report to the Administrator on the extent of local citizen involvement in funded projects. Authorizes the Administrator to award a grant to a State if necessary to facilitate the receipt of funds by local governments that do not have the capabilities to manage grants. Makes certain facilities ineligible for the grant program, including facilities that are the subject of response actions and Federal facilities. Authorizes the President to make exceptions for excluded facilities and allow grants on a facility-by-facility basis. Makes amounts available from the Hazardous Substance Superfund (Superfund) to carry out the grant programs. Authorizes appropriations for FY 2001 through 2005. (Sec. 602) Authorizes the Administrator to award grants to, and enter into cooperative agreements with, States, Indian tribes, municipalities, and other specified agencies and organizations for training, technology transfer, and information dissemination programs to strengthen environmental response activities. (Sec. 603) Requires the Administrator to provide grants and other forms of assistance for brownfields workforce training programs in communities that contain brownfield sites. Subtitle B: Innocent Landowners and Prospective Purchaser Liability - Amends CERCLA, with respect to defenses to liability of an owner of after-acquired property, to deem a person to have made (under current law, "undertaken") appropriate inquiry into the property's previous ownership and uses if the person establishes that an environmental site assessment was conducted which meets specified requirements (compliance with an American Society for Testing and Materials standard or with standards issued by the President) and the person fulfills certain responsibilities concerning information compilation, exercise of appropriate care with respect to hazardous substances at the facility, and cooperation with those conducting response actions. (Sec. 622) Absolves from liability for response actions bona fide prospective purchasers to the extent liability at a facility for a release or threat thereof is based solely on ownership or operation of a facility. Gives a lien upon a facility to the United States for unrecovered response costs in any case in which there are such unrecovered costs for which the owner is not liable by reason of this section and the facility's fair market value has increased above that which existed 180 days before the action was taken. (Sec. 623) Exempts certain contiguous property owners from liability. Subtitle C: Department of Housing and Urban Development Brownfield Grants - Amends the Housing and Community Development Act of 1974 to direct the Secretary of Housing and Urban Development to make grants, in connection with the authority to guarantee obligations to finance certain community development activities, to eligible public entities for projects and activities for economic redevelopment of brownfield sites. Authorizes appropriations for such grants for FY 2001 through 2005. Title VII: Natural Resource Damages - Adds the reasonable costs of recovering natural resource damages to the list of recoverable damages for which liable parties are responsible under CERCLA. (Sec. 703) Eliminates the damage assessment rebuttable presumption and prescribes revised procedures for natural resource damage assessments. (Sec. 704) Authorizes a trustee for natural resources to establish an administrative record on which the trustee will base the selection of a plan for restoration of the resource. Provides for participation of interested persons in the development of an administrative record. (Sec. 705) Provides that the presence of hazardous substances in sediments of U.S. waters above background or reference levels shall be sufficient to establish injury to natural resources for purposes of determining liability. Directs the Administrator and the appropriate natural resource trustees to report to Congress on how response, remedial, and restoration actions are restoring and protecting natural resources affected by the facilities of: (1) Hudson River, New York; (2) Newark and New York Bays, New York and New Jersey; (3) Housatonic River, Connecticut and Massachusetts; (4) New Bedford Harbor, Massachusetts; (5) Clark Fork River, Montana; (6) Lavaca Bay, Texas; (7) Palos Verdes, California; (8) Fox River, Wisconsin; (9) Coeur d'Alene, Idaho; and (10) Hanford, Washington. (Sec. 706) Requires natural resource trustees to conduct a program to assist in the recruitment and training of individuals in affected communities for employment in restoration activities. (Sec. 707) Revises provisions regarding the statute of limitations on natural resource damage actions. (Sec. 708) Adds archaeological resources to the definition of "natural resources" under CERCLA. (Sec. 709) Authorizes citizen suits to recover natural resources damages. Title VIII: Federal Facilities - Revises provisions regarding the applicability of CERCLA to the U.S. Government. Makes Federal agencies subject to all Federal, State, interstate, and local requirements regarding response actions and damages related to, or management of, hazardous substances, pollutants, or contaminants in the same manner as any nongovernmental entity. Waives immunity of the United States with respect to the enforcement of injunctive relief. Makes Federal employees subject to criminal sanctions under State or Federal response laws. Authorizes the Administrator to issue an abatement order to a Federal agency and requires initiation of an administrative enforcement action in the same manner as action would be initiated against any other person. Requires all funds collected by a State from the Federal Government from penalties imposed under this section to be used only for projects to improve or protect the environment or to defray costs of environmental protection or enforcement unless a State law requires such funds to be used differently. Requires Federal agencies to notify States and the Administrator of removal actions. Sets forth additional conditions under which a Federal property may be transferred to any other person without a covenant warranting that all remedial action has been taken on the property. Establishes additional assurances to be contained in deeds governing such transfers with regard to hazardous substances releases for which a Federal agency is potentially responsible. Title IX: Liability - Provides exemptions to liability (including liability for contribution) for response costs for pre-July 1997 acts if liability is based solely on arranging for disposal, treatment, or transport of, or accepting, a specified limited amount of hazardous substances. Absolves certain small parties of liability based on arrangement or acceptance provisions if the substance involved was municipal solid waste or sewage sludge. Removes a provision which excludes petroleum from the definition of "hazardous substance" under CERCLA. Provides that persons liable for willful releases of hazardous substances or threats thereof may be liable to the United States for punitive damages in an amount of up to two times the costs incurred by Superfund as a result of such a release. Title X: Funding - Extends the authorization of appropriations to carry out specified Superfund authorities through FY 2005. (Sec. 1007) Amends the Internal Revenue Code to extend the environmental income tax to taxable years beginning after December 31, 2000, and before January 1, 2006. Extends specified provisions regarding: (1) Superfund's financing rate; (2) limits on tax if the unobligated balance in Superfund exceeds a specified amount; and (3) the repayment deadline for advances made to Superfund. Title XI: Miscellaneous - Increases the ceiling on certain penalties under CERCLA. Prescribes penalties for specified additional violations. (Sec. 1103) Considers a remedial action that attains applicable requirements to be protective of human health and the environment unless the President determines otherwise. Directs the President to establish additional requirements to ensure such protection, as necessary. Provides that the decontamination regulations for site termination issued by the Nuclear Regulatory Commission (NRC) on July 21, 1997, shall not be considered sufficiently protective. Revises the definition of "federally permitted release" under CERCLA with respect to releases of source, special nuclear, or byproduct material in compliance with licenses, permits, regulations, or orders pursuant to the Atomic Energy Act of 1954 to apply such definition only if such licenses, permits, regulations, or orders adequately protect groundwater. Applies requirements of this Act pertaining to Federal facilities to facilities subject to licenses or decontamination regulations for license termination issued by the NRC. Amends environmental excise tax provisions to treat uranium dioxide as a taxable chemical only if it is used as a fuel in a nuclear reactor.

Commercial Revitalization Tax Act of 1999

United States · United States Congress · 27 September 1999

Commercial Revitalization Tax Act of 1999 - Amends the Internal Revenue Code to allow an investment tax credit equal to a percentage of expenditures for depreciable property in connection with the rehabilitation or reconstruction of a nonresidential building located in: (1) an empowerment zone or enterprise community; (2) an area established pursuant to a consolidated planning process for the use of Federal housing and community development funds; or (3) a low-income commercial revitalization district specially designated by a State or local government which is not primarily a nonresidential central business district. Requires, for qualification of such expenditures, that they exceed 25 percent of the fair market value of the building before rehabilitation. Imposes a State ceiling on the availability of the credit.

Making continuing appropriations for the fiscal year 2000, and for other purposes.

United States · United States Congress · 27 September 1999

Makes appropriations for FY 2000 for continuing projects or activities, including the costs of direct loans and loan guarantees, which were conducted in FY 1999 and for which appropriations, funds, or other authority would be available in: (1) the Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 2000; (2) the Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriations Act, 2000; (3) the Department of Defense Appropriations Act, 2000; (4) the District of Columbia Appropriations Act, 2000; (5) the Energy and Water Development Appropriations Act, 2000; (6) the Foreign Operations, Export Financing, and Related Programs Appropriations Act, 2000; (7) the Department of the Interior and Related Agencies Appropriations Act, 2000; (8) the Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 2000; (9) the Legislative Branch Appropriations Act, 2000; (10) the Department of Transportation and Related Agencies Appropriations Act, 2000; (11) the Treasury and General Government Appropriations Act, 2000; and (12) the Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 2000. Continues funding of projects or activities at the current rate of operations and sets forth limitations on such funding. (Sec. 106) Provides funding under this resolution until enactment into law of any covered appropriation or the applicable appropriations Act (without any provision for the covered appropriation) or October 21, 1999, whichever occurs first. (Sec. 115) Continues certain activities authorized by the National Flood Insurance Act of 1968 through the date for which funding is provided under this resolution. (Sec. 116) Sets the rate of operations for reimbursement of past losses for the Commodity Credit Corporation Fund at $11.5 billion. (Sec. 117) Continues specified authorities of the Overseas Private Investment Corporation through the period of this joint resolution. (Sec. 118) Authorizes the use of funds to initiate or resume projects or activities at a rate exceeding the current rate to achieve Year 2000 (Y2K) computer compliance and for implementation of business continuity and contingency plans. (Sec. 119) Makes a specified amount available for decennial census programs for the period covered by this joint resolution. (Sec. 122) Extends, until November 1, 1999, a certain provision of law that allows fewer than three members of the Board of Directors of the Export-Import Bank of the United States to constitute a quorum.

Making continuing appropriations for the fiscal year 2000, and for other purposes.

United States · United States Congress · 27 September 1999

Makes appropriations for FY 2000 for continuing projects or activities, including the costs of direct loans and loan guarantees, which were conducted in FY 1999 and for which appropriations, funds, or other authority would be available in: (1) the Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 2000; (2) the Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriations Act, 2000; (3) the Department of Defense Appropriations Act, 2000; (4) the District of Columbia Appropriations Act, 2000; (5) the Energy and Water Development Appropriations Act, 2000; (6) the Foreign Operations, Export Financing, and Related Programs Appropriations Act, 2000; (7) the Department of the Interior and Related Agencies Appropriations Act, 2000; (8) the Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 2000; (9) the Legislative Branch Appropriations Act, 2000; (10) the Department of Transportation and Related Agencies Appropriations Act, 2000; (11) the Treasury and General Government Appropriations Act, 2000; and (12) the Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 2000. Continues funding of projects or activities at the current rate of operations and sets forth limitations on such funding. (Sec. 106) Provides funding under this resolution until enactment into law of any covered appropriation or the applicable appropriations Act (without any provision for the covered appropriation) or October 21, 1999, whichever occurs first. (Sec. 115) Continues certain activities authorized by the National Flood Insurance Act of 1968 through the date for which funding is provided under this resolution. (Sec. 116) Sets the rate of operations for reimbursement of past losses for the Commodity Credit Corporation Fund at $11.5 billion. (Sec. 117) Continues specified authorities of the Overseas Private Investment Corporation through the period of this joint resolution. (Sec. 118) Authorizes the use of funds to initiate or resume projects or activities at a rate exceeding the current rate to achieve Year 2000 (Y2K) computer compliance and for implementation of business continuity and contingency plans. (Sec. 119) Makes a specified amount available for decennial census programs for the period covered by this joint resolution. (Sec. 121) Applies the date specified in Section 106 of this resolution, in lieu of October 1, 1999, as the date of termination of a prohibition on the issuance of a notice of final rulemaking with respect to the valuation of crude oil for royalty purposes. (Sec. 123) Extends, until November 1, 1999, a certain provision of law that allows fewer than three members of the Board of Directors of the Export-Import Bank of the United States to constitute a quorum.

To direct the Secretary of Housing and Urban Development to carry out a 3 year pilot program to assist law enforcement officers purchasing homes in locally-designated high-crime areas.

United States · United States Congress · 23 September 1999

Directs the Secretary of Housing and Urban Development to carry out a three-year pilot program of mortgage assistance (downpayment, closing costs, insurance premium) for qualifying law enforcement officers buying homes in locally-designated high-crime areas.

A bill to authorize additional emergency disaster relief for victims of Hurricane Dennis and Hurricane Floyd.

United States · United States Congress · 21 September 1999

Authorizes appropriations for the Department of Agriculture for FY 2000 for expenses relating to the provision of disaster relief for agricultural producers affected by Hurricane Floyd and for other Hurricane Floyd-related relief under: (1) the flooded land reserve program; (2) the Wetlands Reserve Program; (3) the Environmental Quality Incentives Program; (4) the Emergency Conservation Program; (5) the rural housing insurance fund; (6) the program to provide low income housing repair grants under the Housing Act of 1949; and (7) any other program that provides appropriate disaster relief, as determined by the Secretary of Agriculture. Authorizes appropriations for: (1) the Department of Commerce for FY 2000 for expenses of providing emergency disaster assistance to persons or entities that have incurred losses from a commercial fishery failure due to Hurricane Floyd; and (2) the Federal Emergency Management Agency for FY 2000 for emergency expenses resulting from Hurricane Floyd. Provides that the appropriation of any amount authorized under this Act shall be: (1) designated as emergency spending in accordance with the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act); and (2) made available on an emergency basis.

Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 2000

United States · United States Congress · 16 September 1999

Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 2000 - Title I: Department of Veterans Affairs - Makes FY 2000 appropriations for the Department of Veterans Affairs for: (1) veterans' compensation, pensions, and readjustment benefits; (2) veterans' insurance and indemnities; (3) veterans' housing, education, and vocational rehabilitation loan accounts; (4) veterans' medical care; (5) medical and prosthetic research; (6) medical administration; (7) the General post fund, national homes; (8) departmental administration; (9) the National Cemetery Administration; (10) the Office of Inspector General; (11) construction; (12) the parking revolving fund; and (13) grants to States for construction of extended care facilities and cemeteries. Sets forth authorized uses of, and limitations on, funds made available under this title. Title II: Department of Housing and Urban Development - Makes FY 2000 appropriations for the Department of Housing and Urban Development (HUD) for: (1) public and Indian housing; (2) the Public Housing Capital and Operating Funds; (3) drug elimination grants for low-income housing; (4) revitalization of severely distressed public housing; (5) Native American housing block grants; (6) Indian housing loan guarantees; (7) establishment of an Office of Rural Housing and Economic Development in HUD; (8) housing opportunities for persons with AIDS; (9) community development block grants; (10) brownfields redevelopment; (11) the HOME investment partnerships program; (12) homeless assistance grants; (13) housing for special populations; (14) the Federal Housing Administration; (15) the Government National Mortgage Association; (16) housing policy development and research; (17) fair housing activities; (18) the Lead Hazard Reduction Program; (19) management and administration; (20) the Office of Inspector General; and (21) carrying out the Federal Housing Enterprise Financial Safety and Soundness Act of 1992. Sets forth authorized uses of, and limitations on, funds made available under this title. (Sec. 204) Amends the AIDS Housing Opportunity Act to provide for allocation of resources for housing for persons with AIDS to States that received an allocation in a prior fiscal year for having more than 1,500 AIDS cases outside of a metropolitan statistical area with a population exceeding 500,000. Repeals a minimum grant requirement under such Act. (Sec. 205) Amends the Housing and Community Development Act of 1992 to extend the Secretary of HUD's authority to enter into certain risk-sharing agreements to determine Federal credit enhancements for loans for affordable multifamily housing. Extends to FY 2000 a provision that increases the number of units to which those agreements may apply in FY 1999. (Sec. 206) Authorizes eligible low-income housing project owners to: (1) prepay mortgages on such projects; and (2) request voluntary termination of a mortgage insurance contract with respect to such a project, notwithstanding certain requirements under the National Housing Act. Permits mortgage prepayment or contract termination only if: (1) such prepayment or termination is consistent with the terms of the mortgage on, or insurance contract for, the project; (2) the owner agrees not to increase rent charges for any project dwelling during the 60-day period beginning on the prepayment or termination; and (3) the owner provides notice of intent to prepay or terminate within a certain time period, with specified exceptions. (Sec. 209) Amends provisions of the National Housing Act regarding payments of claims on defaulted mortgages with respect to multifamily housing units and health facilities to allow full (in addition to partial) payment of claims under one or more mortgage insurance contracts in connection with certain mortgage restructurings. (Sec. 210) Amends the United States Housing Act of 1937 to direct owners responsible for determining a participant's eligibility or level of benefits to require families receiving certain HUD family income matching information to disclose such information. Includes families who receive such information and dwell in units receiving certain project-based assistance within the list of families subject to the disclosure requirement. (Sec. 211) Amends the United States Housing Act of 1937 to delete a provision regarding an emergency reserve and set-aside funds under the section regarding the Public Housing Capital and Operating Funds. (Sec. 214) Establishes compensation ceilings with respect to funds provided for the Public Housing Operating Fund and the Youthbuild program. (Sec. 216) Amends the United States Housing Act of 1937 to authorize the Secretary of HUD to establish income ceilings, with respect to eligibility for public housing or project-based Section 8 assistance, that are higher or lower than 30 percent of the area median income based on findings that such variations are necessary because of unusually high or low family incomes. (Sec. 217) Requires the Comptroller General to certify to Congress on a quarterly basis on the cost of time attributable to the failure of HUD to cooperate in any General Accounting Office (GAO) investigation with regard to HUD activities. Directs the Secretary of HUD to reimburse GAO for such costs from the salaries and expenses account. (Sec. 218) Amends the Cranston-Gonzalez National Affordable Housing Act to allow funds made available for home investment partnerships to be used to preserve housing assisted or previously assisted with Section 8 assistance. (Sec. 219) Exempts public housing agencies in Alaska and Mississippi from certain membership requirements for their boards of directors under the United States Housing Act of 1937. (Sec. 220) Requires the Secretary of HUD to transfer the administration of the Small Cities component of the Community Development Block Grants program to the State of New York, to be administered by the Governor. (Sec. 221) Authorizes the Secretary of HUD to renew project-based rental housing contracts under section 8 of the United States Housing Act of 1937 at up to market levels. Directs the Secretary to: (1) offer to renew expired section 8 contracts at up to market levels in low-vacancy areas or areas with concentrations of elderly or disabled families; and (2) establish certain market rents. Authorizes ten-year section 8 contract renewals. (Sec. 222) Amends Section 8 of the United States Housing Act of 1937 to provide for enhanced voucher assistance for certain families in projects where mortgages have been prepaid, mortgage insurance contracts have been terminated, or Section 8 rental assistance contracts have expired or been terminated. Authorizes appropriations. Amends the Multifamily Assisted Housing Reform and Affordability Act of 1997 to provide for Section 8 enhanced voucher assistance for certain tenants in housing where Section 8 assistance is not renewed. Amends the Low-Income Housing Preservation and Resident Homeownership Act of 1990 to provide for Section 8 enhanced voucher assistance for certain tenants in housing where mortgages have been prepaid or insurance contracts have been terminated. Title III: Independent Agencies - Makes FY 2000 appropriations for: (1) the American Battle Monuments Commission; (2) the Chemical Safety and Hazard Investigation Board; (3) the Department of the Treasury for community development financial institutions; (4) the Consumer Product Safety Commission; (5) the Corporation for National and Community Service; (6) the Office of Inspector General; (7) the Court of Veterans Appeals; and (8) the Department of Defense for Army cemeterial expenses. Appropriates funds for the Environmental Protection Agency (EPA) for: (1) science and technology activities; (2) environmental programs and management; (3) the Office of Inspector General; (4) buildings and facilities; (5) Superfund; (6) the leaking underground storage tank program; (7) oil spill response programs; and (8) assistance to States and Indian tribes for environmental programs and infrastructure. Appropriates funds for: (1) the Executive Office of the President for the Office of Science and Technology Policy, the Council on Environmental Quality, and the Office of Environmental Quality; and (2) the Federal Deposit Insurance Corporation Office of Inspector General. Makes appropriations for the Federal Emergency Management Agency (FEMA) for: (1) disaster relief; (2) disaster assistance direct loans; (3) salaries and expenses; (4) the Office of Inspector General; (5) emergency management planning and assistance; (6) a specified emergency food and shelter program;(7) the National Flood Insurance Fund; and (8) the National Insurance Development Fund. Amends the National Flood Insurance Act of 1968 to extend through FY 2000: (1) a certain ceiling on obligations issued under the national flood insurance program; and (2) the authorization of appropriations for certain studies. Makes appropriations for: (1) the General Services Administration for the Consumer Information Center; (2) the National Aeronautics and Space Administration for the International Space Station, launch vehicles and payload operations in support of the space shuttle program, science, aeronautics, and technology research and development, mission support, and the Office of Inspector General; (3) the National Credit Union Administration's Central Liquidity Facility; (4) the National Science Foundation for research, major construction projects, science and engineering education and human resources programs, salaries and expenses, and the Office of Inspector General; (5) the Neighborhood Reinvestment Corporation; and (6) the Selective Service System. Sets forth authorized uses of, and limitations on, funds appropriated under this title. Title IV: General Provisions - Sets forth provisions regarding availability, and prohibitions on the use, of funds appropriated by this Act. Expresses the sense of the Congress that equipment and products purchased with funds made available in this Act should be American-made. (Sec. 423) Bars the use of funds made available in this Act to carry out a specified executive order regarding federalism. (Sec. 426) Prohibits the obligation of funds provided in this Act after February 15, 2000, unless each agency that receives such funds provides justifications to the Appropriations Committees for all salary and expense activities for FY 2001 through 2005. (Sec. 427) Amends the Fair Housing Act to require prospective complainants, before filing a complaint involving a published notice, statement, or advertisement that indicates a preference or discrimination with respect to the sale or rental of housing, to serve a prospective respondent with notice of the alleged violation to allow remedial action by the respondent. Prohibits an administrative action from being brought by the prospective complainant if the respondent acts to cease publication of the alleged item in violation within 72 hours of receipt of notice or prior to the next publication, whichever is greater. Bars civil actions by aggrieved persons under the same circumstances.

Older Americans Amendments of 1999

United States · United States Congress · 14 September 1999

Older Americans Amendments of 1999 - Revises the Older Americans Act of 1965 in toto. Older Americans Act of 1999 - Retains the Administration on Aging in the Office of the Secretary of Health and Human Services, as well as the Assistant Secretary for Aging. Directs the Assistant Secretary to establish: (1) an Office on Native Americans (currently, the Office for American Indian, Alaskan Native, and Native Hawaiian Programs) and (2) an office of long-term care ombudsman programs (currently, the Office of Long-term Care Ombudsman Programs). (Sec. 3) Directs the Assistant Secretary to designate individuals with pertinent expertise who shall be responsible for administration of: (1) grants for Native American programs on aging; (2) Federal activities relating to State long-term care ombudsman programs; and (3) nutrition services. Revises the duties of the Assistant Secretary. Directs the Assistant Secretary to: (1) make education and training grants to institutions of higher education, historically Black colleges or universities, Hispanic Centers of Excellence in Applied Gerontology, and other educational institutions that serve the needs of minority students, to prepare students for careers in the field of aging; (2) establish and carry out pension rights demonstration projects; and (3) make grants to eligible public agencies and nonprofit private organizations for health care service demonstration projects through multipurpose senior centers in rural areas. Authorizes the Assistant Secretary or the Secretary of Labor, as the case may be, to bar recipients from receiving grants under this Act for a maximum five-year period for misuse of such funds. Repeals the specific mandate for the Assistant Secretary to engage in certain activities with respect to policy alternatives for long-term care. Eliminates the National Center on Elder Abuse, the National Aging Information Center, and the Federal Council on the Aging. Authorizes appropriations. Revises and consolidates programs of grants to Native Americans, Alaskan Natives, and Native Hawaiians for the delivery costs of supportive and nutrition services. Prescribes the distribution of funds among the appropriate organizations. Retains the Secretary of the Interior's authority, acting through the Bureau of Indian Affairs, to make surplus educational facilities available for multipurpose senior centers. Authorizes appropriations. Revises the programs of grants for State and community programs on aging. Prescribes the allotment of funds for supportive services, multipurpose senior centers, and nutrition and family care giver services, including additional funds for State long-term care ombudsman programs and for services for the prevention and remediation of elder abuse, neglect, and exploitation. Requires State and area plans to provide an opportunity for older individuals to contribute voluntarily to the cost of services. Expands the scope of such services to include: (1) home delivered nutrition services; (2) disaster relief reimbursements to grant recipients; (3) grants for authorized programs for disease prevention and health promotion services; and (4) family caregiver programs. Retains basic existing requirements for such grants, services, and centers. Eliminates certain rights relating to in-home services for frail older individuals. Repeals authority for: (1) school-based meals for volunteer older individuals and multigenerational programs; (2) specified in-home services for frail older individuals; (3) additional assistance for the special needs of older individuals; (4) specified disease prevention and health promotion services; (5) supportive activities for caretakers who provide in-home services for frail older individuals; (6) specified research; (7) numerous specified demonstration projects, including those concerning ombudsman and advocacy, housing, and pension rights; and (8) numerous specified grant programs, including the neighborhood senior care program, Resource Centers for Native American Elders, and career preparation for the field of aging. Authorizes appropriations. Revises requirements for State long-term care ombudsman programs. Repeals the mandate that a State agency establish an Office of the State Long-Term Care Ombudsman. Requires the State agency to perform the functions of such Office directly, or contract them out to a public agency or nonprofit private organization. Continues the current mandate for State programs for the prevention and remediation of elder abuse, neglect, and exploitation; but repeals all specific requirements except those relating to whistleblower immunity, record confidentiality, training, and the prohibition against involuntary participation by alleged victims, abusers, or members of their households. Repeals mandates for State programs for: (1) development of legal and advocacy assistance as a means for ensuring a comprehensive elder rights system; and (2) outreach, counseling, and assistance for insurance and public benefits. Authorizes appropriations for State long-term care ombudsman programs and programs for the prevention and remediation of elder abuse, neglect, and exploitation. Older American Community Service Employment Act of 1999 - Replaces the current authority of the Secretary of Labor to establish an older American community service employment program with a mandate to make competitive grants to States and public and nonprofit private organizations to provide unemployed low-income older individuals, with otherwise poor employment prospects, employment opportunities in providing community services. Revises grant and employment project requirements. Provides for allotments and reservation of funds for such grants. Requires the Secretary of Labor to: (1) establish objective performance standards for projects; and (2) contract with nongovernmental entities to makes independent evaluations of grant recipient performance. Authorizes appropriations.

To authorize the Secretary of Housing and Urban Development to carry out a pilot program to provide homeownership assistance to disabled families.

United States · United States Congress · 14 September 1999

Authorizes a home ownership assistance pilot program for qualifying disabled families.

New Markets Initiative Act of 1999

United States · United States Congress · 13 September 1999

New Markets Initiative Act of 1999 - Title I: New Markets Venture Capital Program - Amends the Small Business Investment Act of 1958 to direct the Small Business Administration (SBA) to establish a New Markets Venture Capital Program, under which the SBA may: (1) enter into a participation agreement with each new market venture capital company (company) for encouraging venture capital investment in smaller enterprises located in urban and rural areas; (2) guarantee debentures issued by each company; and (3) make technical assistance grants to each company. Makes eligible as a participating company in the Program one which: (1) is a newly formed for-profit entity or newly formed for-profit subsidiary of an existing company; and (2) has a management team with experience in community development financing or venture capital financing. Outlines application requirements and SBA selection criteria, requiring the SBA to ensure that companies are chosen so that investments under the Program will be made nationwide. Outlines conditions to be met by each company before final approval, including: (1) a capital investment requirement of at least $5 million from investors who meet SBA-established criteria; and (2) binding commitments with non-SBA sources for Program marketing, management, and technical assistance. Authorizes the SBA to: (1) guarantee the timely payment of principal and interest on debentures issued by companies, not to exceed 150 percent of the contributed capital; (2) make grants to each company to provide marketing, management, and technical assistance for the benefit of smaller enterprises financed by such company; (3) issue trust certificates representing ownership of all or a fractional part of SBA-guaranteed debentures under this Act; and (4) charge fees with respect to any guarantee or certificate issued. Authorizes any national bank, member bank of the Federal Reserve System, and any other bank which is insured to the extent permitted under applicable State law to invest in any company or in any entity established to invest solely in such companies. Limits such investment to five percent of such bank's capital and surplus. Requires each company to provide the SBA with any required information. Subjects each company to examinations made at the direction of the Investment Division of the SBA. Authorizes the SBA to obtain injunctions and other relief against companies violating requirements of this Act, which shall include a breach of fiduciary duty in unlawful acts and omissions by company officers, directors, employees, or agents. Authorizes appropriations for FY 2000 through 2005 to carry out this title. (Sec. 103) Exempts a company from debtor status under Federal bankruptcy law. (Sec. 104) Amends the Home Owners' Loan Act to authorize a Federal savings association to invest in company securities, with an investment limit of five percent of the association's capital and surplus. Title II: Small Business Loans - Amends the Small Business Act to: (1) increase to $150,000 (formerly $100,000) the authorized outstanding loan balance for small businesses receiving start-up loans from the SBA; (2) increase from $80,000 to $120,000 the total deferred participation share threshold of an SBA-guaranteed loan for which the loan fee cannot exceed two percent; and (3) reduce the annual loan fee with respect to guaranteed loans of less than $150,000. Title III: America's Private Investment Companies - Authorizes the Secretary of Housing and Urban Development to license and regulate America's Private Investment Companies (APICs). Provides related administrative authority over APICs. Authorizes the Secretary to set and collect fees for loan guarantees and commitments made under this title. Authorizes appropriations for FY 2000 through 2003 for the cost of such loan guarantees and for administrative expenses. (Sec. 304) Outlines APIC selection criteria, requiring such APICs to: (1) be a private, for-profit entity that qualifies as a community development entity (an entity that provides investment capital for low-income communities or persons); (2) have available a minimum of $25 million in equity capital; (3) have the necessary knowledge and experience to make investments for community development in distressed areas; and (4) prepare and submit an investment strategy and a statement of public purpose goals in connection with such investments. Outlines: (1) administrative procedures concerning the selection of qualified APICs by the Secretary; and (2) APIC powers, authorities, and investment and leverage limits. (Sec. 306) Authorizes the Secretary to make commitments to guarantee the timely payment of principal and interest on debentures issued by APICs, to issue trust certificates representing ownership of all or a fractional part of such guaranteed debentures, and to guarantee such certificates. Outlines guarantee and certificate limits, terms and conditions. (Sec. 307) Authorizes an APIC to request the guarantee of a debenture that such APIC intends to issue. Provides additional APIC requirements for such requests when: (1) the proceeds of the debenture are to be used as an APIC initial expenditure for a project or activity to fund qualified low-income community investments; and (2) such expenditure would require an environmental assessment under the National Environmental Policy Act of 1969 and related laws. Authorizes the Secretary, in the latter case, to guarantee such debenture if the appropriate State or local governmental unit assumes such environmental review responsibilities. Directs the Secretary to issue regulations to carry out such a debenture guarantee only after consultation with the Council on Environmental Quality. Outlines procedures for the approval of a request for the guarantee of a debenture to be used for low-income community investment. (Sec. 308) Directs the Secretary to examine and monitor APIC operations and activities for compliance with sound management practices and satisfaction of program and procedural goals of this Act and related Acts. (Sec. 309) Authorize the Secretary to: (1) provide incentives, such as increased credit subsidies, as an award for high performance of an APIC in carrying out its investment strategy and statement of goals; and (2) provide penalties, including civil penalties and withdrawal of investment funds, for an APIC's failure to conform to such strategies and statements or noncompliance with requirements of this Act. Title IV: New Markets Credit - Amends the Internal Revenue Code to provide a new markets tax credit for taxpayers holding a qualified equitable investment, in the amount of six percent of the amount paid to the qualified community development entity for authorized investments under this Act. Provides a tax credit limit of $1.2 billion for each of calendar years 2000 through 2004, to be allocated among selected qualified community development entities. Provides for tax credit recapture in appropriate cases. Makes such credit part of the general business tax credit.

A bill to amend title 38, United States Code, to provide for permanent eligibility of former members of the Selected Reserve for veterans housing loans.

United States · United States Congress · 9 September 1999

Extends permanently (currently ends on September 30, 2003) the eligibility of certain former members of the Selected Reserve for veterans' housing loans.

Fair Housing Amendments Act of 1999

United States · United States Congress · 9 September 1999

Fair Housing Amendments Act of 1999 - Amends the Fair Housing Act to state that: (1) nothing in such Act shall be construed to make the expression of an opinion or the seeking of redress from public authority a violation of such Act; and (2) a party shall not be liable for engaging in litigation or administrative proceedings unless done so for an improper purpose, or not supported by evidence or warranted by existing law. (Sec. 3) Requires specificity of complaint. (Sec. 4) States that a provision of State or local law shall not be construed to violate fair housing provisions if the alleging party has not first exhausted State remedies. (Sec. 5) Provides that familial status protection shall apply to persons related by blood, marriage, or adoption and certain foster children. (Sec. 6) States that fair housing provisions shall not prevent local control of residential uses.

Native American Alcohol and Substance Abuse Program Consolidation Act of 2000

United States · United States Congress · 5 August 1999

Native American Alcohol and Substance Abuse Program Consolidation Act of 1999 - Directs the Secretary of the Interior (Secretary), in cooperation with the Secretaries of Labor, Health and Human Services, Education, Housing and Urban Development, and Transportation, the Attorney General, and the Director of the National Institutes of Health, upon receiving an acceptable plan from an Indian tribe, to authorize such tribe to coordinate its federally funded alcohol and substance abuse by integrating the program services involved into a single, comprehensive program and reducing administrative costs through the consolidation of administrative functions. Sets forth plan requirements and provisions governing plan review, waivers of statutory requirements for plan implementation, and plan approval. Requires such officials to enter into an interdepartmental memorandum of agreement providing for the implementation of authorized plans. Establishes the Bureau of Indian Affairs as the lead agency with specified responsibilities, including use of a single format report for plans and projects and development of a single system of Federal oversight for the plan. Prohibits any reduction of Federal funds available to a participating tribe as a result of this Act. Provides for interagency fund transfers to carry out this Act. Makes any State with an alcohol and substance abuse program targeted to Indian tribes eligible to receive, at no cost, such Federal personnel assignments as the Secretary may deem appropriate to help ensure the success of such program. Requires the Secretary to permit Alaska Native villages or regional or village corporations to carry out a project under a plan that meets this Act's requirements.

America's Private Investment Companies Act

United States · United States Congress · 5 August 1999

America's Private Investment Companies Act - Authorizes the Secretary of Housing and Urban Development to license America's Private Investment Companies (APICs) (for-profit investment companies formed to make equity and credit investments for large-scale business development in low-income communities). Authorizes the Secretary to impose fees and charges for administrative costs and to collect fees for loan guarantee commitments and loans made under this Act. Authorizes appropriations for FY 2000 through 2003 for loan guarantee commitments and for administrative expenses. (Sec. 105) Directs the Secretary to select APICs for licensing on the basis of competitions announced through the Federal Register. Outlines application and licensee selection requirements and criteria, including that each such entity have available at least $25 million in equity capital. (Sec. 106) Requires substantially all investments made by selected APICs to be qualified low-income community investments if such investments are financed by the Secretary under this Act. Outlines investment limits and borrowing and repayment conditions. (Sec. 107) Authorizes the Secretary, consistent with the Federal Credit Reform Act of 1990, to make commitments to guarantee the timely payment of principal and interest on debentures issued by APICs, to issue trust certificates representing ownership of all or a fractional part of such debentures, and to guarantee the payment of principal and interest on such certificates. (Sec. 108) Authorizes an APIC to request that the Secretary guarantee a debenture that the APIC intends to issue under this Act. Outlines special requirements for: (1) requests which would include funding for initial expenditures for a project or activity; and (2) certification by a State or unit of general local government of responsibility for environmental reviews in connection with authorized projects or activities. (Sec. 109) Directs the Secretary to examine and monitor the operations and activities of APICs for compliance with sound financial management practices and satisfaction of the program and procedural goals of this and related Acts. (Sec. 110) Authorizes the Secretary to: (1) increase the credit subsidy allocated to an APIC as an award for high performance in carrying out its investment strategy and public purpose goals; and (2) penalize APICs for fraud, mismanagement, or noncompliance (allowing for notice and opportunity to respond prior to such penalties).

Homeowners' Emergency Mortgage Assistance Act

United States · United States Congress · 5 August 1999

Homeowners' Emergency Mortgage Assistance Act - Directs the Secretary of Housing and Urban Development to establish a mortgage emergency assistance program for qualifying homeowners with National Housing Act-insured mortgages who are temporarily unable to meet their obligations due to financial hardship beyond their control. Requires homeowner repayment of such assistance and interest.

Housing Opportunities for Migrant Employees

United States · United States Congress · 5 August 1999

Housing Opportunities for Migrant Employees - Amends the Migrant and Seasonal Agricultural Worker Protection Act to: (1) exempt farm worker housing which is regulated or approved for health and safety by a Federal or a State agency from regulation under the housing safety and health provisions of such Act; (2) require health and safety compliance with Federal or (currently and) State standards; and (3) exempt an owner from liability for housing conditions caused by the migrant workers.

America's Private Investment Companies Act

United States · United States Congress · 5 August 1999

America's Private Investment Companies Act - Authorizes the Secretary of Housing and Urban Development to license America's Private Investment Companies (APICs) (for-profit investment companies formed to make equity and credit investments for large-scale business development in low-income communities). Authorizes the Secretary to impose fees and charges for administrative costs and to collect fees for loan guarantee commitments and loans made under this Act. Authorizes appropriations for FY 2000 through 2004 for loan guarantee commitments and for administrative expenses. (Sec. 105) Directs the Secretary to select APICs for licensing on the basis of competitions announced through the Federal Register. Outlines application and licensee selection requirements and criteria, including that each such entity have available at least $25 million in equity capital. (Sec. 106) Requires substantially all investments made by selected APICs to be qualified low-income community investments if such investments are financed by the Secretary under this Act. Outlines investment limits and borrowing and repayment conditions. (Sec. 107) Authorizes the Secretary, consistent with the Federal Credit Reform Act of 1990, to make commitments to guarantee the timely payment of principal and interest on debentures issued by APICs, to issue trust certificates representing ownership of all or a fractional part of such debentures, and to guarantee the payment of principal and interest on such certificates. (Sec. 108) Authorizes an APIC to request that the Secretary guarantee a debenture that the APIC intends to issue under this Act. Outlines special requirements for: (1) requests which would include funding for initial expenditures for a project or activity; and (2) certification by a State or unit of general local government of responsibility for environmental reviews in connection with authorized projects or activities. (Sec. 109) Directs the Secretary to examine and monitor the operations and activities of APICs for compliance with sound financial management practices and satisfaction of the program and procedural goals of this and related Acts. (Sec. 110) Authorizes the Secretary to: (1) increase the credit subsidy allocated to an APIC as an award for high performance in carrying out its investment strategy and public purpose goals; and (2) penalize APICs for fraud, mismanagement, or noncompliance (allowing for notice and opportunity to respond prior to such penalties).

Providing for consideration of the bill (H.R. 2684) making appropriations for the Departments of Veterans Affairs and Housing and Urban Development, and for sundry independent agencies, boards, commissions, corporations, and offices for the fiscal year ending September 30, 2000, and for other purposes.

United States · United States Congress · 5 August 1999

Sets forth the rule (open) for the consideration of H.R. 2684 (Departments of Veterans Affairs and of Housing and Urban Development and independent agencies appropriations).

Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 2000

United States · United States Congress · 3 August 1999

TABLE OF CONTENTS: Title I: Department of Veterans Affairs Title II: Department of Housing and Urban Development Title III: Independent Agencies Title IV: General Provisions Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 2000 - Makes appropriations for FY 2000 for the Departments of Veterans Affairs and Housing and Urban Development and for sundry independent agencies. Title I: Department of Veterans Affairs - Makes appropriations for the Department of Veterans Affairs for: (1) veterans' compensation, pensions, and readjustment benefits; (2) veterans' insurance and indemnities; (3) veterans' housing, education, and vocational rehabilitation loan accounts; (4) veterans' medical care; (5) medical and prosthetic research; (6) medical administration; (7) the General post fund, national homes; (8) departmental administration; (9) the National Cemetery Administration; (10) the Office of Inspector General; (11) construction; (12) the parking revolving fund; and (13) grants to States for construction of extended care facilities and cemeteries. Sets forth authorized uses of, and limitations on, funds made available under this title. Title II: Department of Housing and Urban Development - Makes appropriations for the Department of Housing and Urban Development (HUD) for: (1) public and Indian housing; (2) the Public Housing Capital and Operating Funds; (3) drug elimination grants for low-income housing; (4) revitalization of severely distressed public housing; (5) Native American housing block grants; (6) Indian housing loan guarantees; (7) housing opportunities for persons with AIDS; (8) community development block grants; (9) brownfields redevelopment; (10) the HOME investment partnerships program; (11) homeless assistance grants; (12) housing for special populations; (13) the Federal Housing Administration; (14) the Government National Mortgage Association; (15) housing policy development and research; (16) fair housing activities; (17) the Lead Hazard Reduction Program; (18) management and administration; (19) the Office of Inspector General; and (20) carrying out the Federal Housing Enterprise Financial Safety and Soundness Act of 1992. Sets forth authorized uses of, and limitations on, funds made available under this title. (Sec. 204) Amends the Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1999 to extend certain provisions regarding grants to otherwise ineligible States for housing for persons with AIDS. (Sec. 205) Amends the Housing and Community Development Act of 1992 to extend the Secretary of HUD's authority to enter into certain risk-sharing agreements to determine Federal credit enhancements for loans for affordable multifamily housing. Extends to FY 2000 a provision that increases the number of units to which those agreements may apply in FY 1999. (Sec. 207) Amends the United States Housing Act of 1937 to authorize the Secretary of HUD to establish income ceilings, with respect to eligibility for public housing or project-based Section 8 assistance, that are higher or lower than 30 percent of the area median income based on findings that such variations are necessary because of unusually high or low family incomes. (Sec. 208) Establishes the Millenial Housing Commission to study and report to specified congressional committees on: (1) the importance of housing, particularly affordable housing, to U.S. infrastructure; (2) possible methods for increasing the role of the private sector in providing affordable housing; and (3) whether existing HUD programs work in conjunction with one another to provide better housing opportunities for families, neighborhoods, and communities and how such programs can be improved with respect to such purpose. Terminates the Commission on June 30, 2002. (Sec. 210) Amends the United States Housing Act of 1937 to authorize the Secretary of HUD to reuse any budget authority recaptured on account of expiration of a housing assistance payments contract. Removes: (1) a condition that applies such authority only to contracts other than those for tenant-based assistance; and (2) a provision that makes such authority effective only for actions initiated by the Secretary on or before September 30, 1995. (Sec. 211) Provides for enhanced vouchers for families in projects with expiring contracts under section 8 of the United States Housing Act of 1937. Provides for indefinite enhanced voucher assistance for certain families whose rent, absent such assistance, would exceed the greater of 30 percent of adjusted income or the rent paid, to the extent that amounts are provided in advance in appropriations Acts pursuant to provisions for preserving existing housing investment under the Department of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1997. (Sec. 212) Rescinds a specified amount of funds appropriated to HUD in the Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1998 and prior appropriations Acts. (Sec. 213) Makes appropriations for: (1) a grant to the National Cities in Schools Community Development program under the Housing and Community Development Act of 1992; and (2) the Moving to Work Demonstration program. Title III: Independent Agencies - Makes appropriations for: (1) the American Battle Monuments Commission; (2) the Chemical Safety and Hazard Investigation Board; (3) the Department of the Treasury for community development financial institutions; (4) the Consumer Product Safety Commission;(5) the Office of Inspector General; (6) the Court of Veterans Appeals; and (7) the Department of Defense for Army cemeterial expenses. Appropriates funds for the Environmental Protection Agency for: (1) science and technology activities; (2) environmental programs and management; (3) the Office of Inspector General; (4) buildings and facilities; (5) Superfund; (6) the leaking underground storage tank program; (7) oil spill response programs; and (8) assistance to States and Indian tribes for environmental programs and infrastructure. Appropriates funds for: (1) the Executive Office of the President for the Office of Science and Technology Policy, the Council on Environmental Quality, and the Office of Environmental Quality; and (2) the Federal Deposit Insurance Corporation Office of Inspector General. Makes appropriations for the Federal Emergency Management Agency (FEMA) for: (1) disaster relief; (2) disaster assistance direct loans; (3) salaries and expenses; (4) the Office of Inspector General; (5) emergency management planning and assistance; (6) a specified emergency food and shelter program; (7) the Flood Map Modernization Fund; (8) the National Flood Insurance Fund; and (9) the National Flood Mitigation Fund. Cancels indebtedness of the FEMA Director resulting from amounts borrowed for certain national insurance programs pursuant to the National Housing Act before this Act's enactment date. Makes appropriations for: (1) the General Services Administration for the Consumer Information Center; (2) the National Aeronautics and Space Administration for human space flight, science, aeronautics, and technology research and development, mission support, and the Office of Inspector General; (3) the National Credit Union Administration's Central Liquidity Facility; (4) the National Science Foundation for research, major construction projects, science and engineering education and human resources programs, salaries and expenses, and the Office of Inspector General; (5) the Neighborhood Reinvestment Corporation; and (6) the Selective Service System. Sets forth authorized uses of, and limitations on, funds appropriated under this title. Title IV: General Provisions - Sets forth provisions regarding availability, and prohibitions on the use, of funds appropriated by this Act. Expresses the sense of the Congress that equipment and products purchased with funds made available in this Act should be American-made. (Sec. 422) Amends the Tennessee Valley Authority Act of 1933 to decrease the maximum amount authorized to be issued by the Tennessee Valley Authority as bonds for financing its power program. (Sec. 423) Bars the use of funds made available in this Act for publication of a specified global change scientific assessment under the Global Change Research Act of 1990 unless: (1) the supporting research has been subjected to peer review and, if not otherwise publicly available, posted electronically for public comment prior to use in the assessment; and (2) the draft assessment has been published in the Federal Register for a 60-day public comment period.

Immigration Restructuring and Accountability Act of 1999

United States · United States Congress · 3 August 1999

Immigration Restructuring and Accountability Act of 1999 - Title I: National Immigration Bureau - Establishes: (1) in the Department of Justice, the National Immigration Bureau, which shall be headed by a Director; and (2) in the Office of the Director, an Assistant Director for Community Liaison. Transfers all functions, personnel, and funding from the Commissioner of the Immigration and Naturalization Service to the Director. Establishes within the Bureau: (1) the Office of Immigration Adjudication, consisting of the Division of Adjudications, the Division of Refugees, Asylum, Parole, and Humanitarian Affairs, and the Division of Community Relations; (2) the Office of Immigration Enforcement, consisting of the Border Patrol Division, the Division of Removal, the Division of Intelligence and Investigations, and the Division of Community Relations; (3) the Office of Prehearing Services, consisting of the Division of Detention, the Division of Alternatives to Detention, the Division of Prehearing Services, and the Division of Community Relations; and (4) the Office of Shared Services. Sets forth related operating and administrative provisions. (Sec. 105) Provides for the transfer and allocation of personnel and appropriations from the Department of Justice to the Bureau. (Sec. 106) States that nothing in this Act shall be construed to limit the authorities of the Secretary of State and agents of the Department of State and the Foreign Service to investigate illegal passport or visa activities. (Sec. 107) Directs the Attorney General to submit an implementation plan, which shall address management and other specified issues, within one year of enactment of this Act. Title II: Amendments to Immigration and Nationality Act - Amends the Immigration and Nationality Act to eliminate the restriction that only aliens with preference petitions or labor certifications filed by January 14, 1998, are eligible to adjust to permanent resident status without leaving the United States if they entered without inspection or fall within one of other specified classes (including aliens accepting unauthorized employment and aliens not maintaining legal nonimmigrant status). States that such amendment shall be effective as if included in the Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriations Act, 1998 (Public Law 105-119). (Sec. 202) States that Congress finds that U.S. policy is generally to fund nationality and naturalization activities through appropriations Acts. Amends the Immigration and Nationality Act to prohibit the imposition of fees on asylum or refugee applicants. Revises adjudication and naturalization fee provisions to replace the current Treasury Immigration Examinations Fee Account with separate Treasury accounts for: (1) fees imposed for lack of appropriations (Naturalization Fee Account); (2) immigrant and nonimmigrant petition fees (Immigrant and Nonimmigrant Fee Account); (3) port of entry fees (Admission Fee Account); (4) other immigration adjudication fees (Miscellaneous Adjudication Fee Account); and (5) specified status adjustment fees (Application Fee Account). Sets forth: (1) a special rule for services provided without charge; (2) prohibited fee uses; and (3) reporting requirements. Title III: General Policy Against Detention of Asylum Seekers - States that Congress finds that U.S. policy is generally not to detain asylum seekers who have established a credible fear of persecution. (Sec. 301) Directs the Attorney General to develop alternatives to detention of asylum seekers, including: (1) noninstitutional settings for minors and a prohibition on their placement in adult facilities; (2) supervised or unsupervised release; (3) supervised shelters or group homes; and (4) alternatives to criminal detention. Title IV: General Provisions - Sets forth effective dates for specified provisions of this Act.

Susan M. Wachter, of Pennsylvania, to be an Assistant Secretary of Housing and Urban Development, vice Michael A. Stegman, resigned.

United States · United States Senate · 30 July 1999

Teacher Next Door Act

United States · United States Congress · 30 July 1999

Teacher Next Door Act - Amends the National Housing Act to authorize the Secretary of Housing and Urban Development to sell Department of Housing and Urban Development-owned single family properties at a discount to eligible elementary and secondary school teachers for use as their residences. Provides for: (1) mortgage downpayment assistance; (2) direct and indirect sales; and (3) an information outreach program.

Common Sense Family Tax Relief Act of 1999

United States · United States Congress · 29 July 1999

Common Sense Family Tax Relief Act of 1999 - Title I: Tax Relief for Families - Amends the Internal Revenue Code to make the basic standard deduction on a joint return twice that of the deduction on a single return. (Sec. 102) Revises the dependent care tax credit to: (1) amend applicable credit percentages; (2) provide an inflation adjustment; (3) allow a minimum credit for stay at-home parents with a dependent under one year old; and (4) permit a residency-based test rather than a household maintenance-based test under certain circumstances. (Sec. 103) Allows a tax credit for employers who provide qualified day care centers for their employees. (Sec. 104) Reduces individual capital gain tax rates. (Sec. 105) Applies capital gain tax rates to capital gains of designated settlement funds. Title II: Tax Relief for Businesses - Amends the Code to make the research credit permanent. (Sec. 202 ) Eliminates the limitation on the estate tax deduction for family-owned business interests. Title III: Educational Opportunities - Amends the Code to eliminate the 60-month limit on student loan interest deductibility. (Sec. 302) Establishes an employer tax credit for information technology training program expenses. (Sec. 303) States that aggregate tax credits shall not exceed the sum of regular tax liability and minimum tax liability. Eliminates the reduction of the child tax credit for taxpayers subject to the alternative minimum tax. Title IV: Tax Relief for Retirement Savings - Amends the Code to increase annual individual retirement account (IRA) deductible contributions. (Sec. 402) Amends the Social Security Act to revise the monthly exempt amount for purposes of the social security earnings test. Title V: Incentive for Affordable Housing - Amends the Code to increase the State low-income housing credit ceiling. Title VI: Incentives for Health Care and Long-Term Care - Amends the Code to allow the deduction of 100 percent of health insurance costs for self-employed individuals. (Sec. 602) Provides a credit for taxpayers with long-term care needs.

Manufactured Housing Improvement Act of 2000

United States · United States Congress · 28 July 1999

Manufactured Housing Improvement Act - Amends the National Manufactured Housing Construction and Safety Standards Act of 1974 to revise Federal construction and safety provisions for manufactured homes based upon a consensus standards development process. Eliminates the National Manufactured Home Advisory Council. Revises related fee provisions to: (1) apply such fees to manufactured home manufacturers (currently fees apply to manufacturers, distributors, and dealers); and (2) establish in the Treasury the Manufactured Housing Fees Trust Fund.

Waiving points of order against the conference report to accompany the bill (H.R. 2465) making appropriations for military construction, family housing, and base realignment and closure for the Department of Defense for the fiscal year ending September 30, 2000, and for other purposes.

United States · United States Congress · 27 July 1999

Waives points of order against the consideration of the conference report on H.R. 2465 (Department of Defense appropriations).

Taxpayer Refund Act of 1999

United States · United States Congress · 26 July 1999

TABLE OF CONTENTS: Title I: Broad Based Tax Relief Title II: Family Tax Relief Provisions Title III: Retirement Savings Tax Relief Subtitle A: Individual Retirement Arrangements Subtitle B: Expanding Coverage Subtitle C: Enhancing Fairness for Women Subtitle D: Increasing Portability for Participants Subtitle E: Strengthening Pension Security and Enforcement Subtitle F: Encouraging Retirement Education Subtitle G: Reducing Regulatory Burdens Subtitle H: Plan Amendments Title IV: Education Tax Relief Provisions Title V: Health Care Tax Relief Provisions Title VI: Small Business Tax Relief Provisions Title VII: Estate and Gift Tax Relief Provisions Subtitle A: Reductions of Estate, Gift, and Generation-Skipping Transfer Taxes Subtitle B: Conservation Easements Subtitle C: Annual Gift Exchange Subtitle D: Simplification of Generation-Shipping Transfer Tax Title VIII: Tax Exempt Organizations Provisions Title IX: International Tax Relief Title X: Housing and Real Estate Tax Relief Provisions Subtitle A: Low-Income Housing Credit Subtitle B: Historic Homes Subtitle C: Provisions Relating to Real Estate Investment Trusts Subtitle D: Private Activity Bond Volume Cap Subtitle E: Leasehold Improvements Depreciation Title XI: Miscellaneous Provisions Title XII: Extension of Expired and Expiring Provisions Title XIII: Revenue Offsets Subtitle A: General Provisions Subtitle B: Loophole Closers Title XIV: Technical Corrections Title XV: Compliance with Congressional Budget Act Taxpayer Refund Act of 1999 - Title I: Broad Based Tax Relief - Amends the Internal Revenue Code to reduce the lowest individual regular income tax rate from 15 percent to 14 percent. (Sec. 102) Phases-in an increase in the size of the 14-percent rate bracket. Title II: Family Tax Relief Provisions - Permits married taxpayers to calculate separate taxable income for each spouse and to be taxed as two single individuals on the same return. Calculates the tax due is calculated by applying the tax rates for single individuals to the separate taxable incomes. Requires both spouses to elect to either use a standard deduction or to itemize their deductions. (Sec. 202) Increases the starting point of the phase-out of the earned income credit for married couples filing a joint return by $2,000. (Sec. 203) Expands the list of persons eligible to: (1) make qualified foster care payments; and (2) place foster care individuals. (Sec. 204) Increases the maximum dependent care credit percentage from 30 percent to 50 percent for taxpayers with an adjusted gross income (AGI) of $30,000 or less. Phases-down the 50 percent credit rate by one percentage point for each $1,000 of AGI, or fraction thereof, between $30,001 and $59,000. (Sec. 205) Provides for an employer-provided child care credit (of up to $150,000) equal to the sum of: (1) 25 percent of the qualified child care expenditures; and (2) 10 percent of the qualified child care resource and referral expenditures. (Sec. 206) Permits an individual to offset the entire regular tax liability (without regard to the minimum tax) by the personal nonrefundable credit. Repeals the provision reducing the refundable child credit by the alternative minimum tax (AMT). Permits the deduction for personal exemptions in computing AMT. Title III: Retirement Savings Tax Relief - Subtitle A: Individual Retirement Arrangements - Increases the annual contribution limit for traditional IRAs and Roth IRAs in $1,000 annual increments, beginning in 2001, until the limit reaches $5,000 in 2003, and thereafter, the limit is indexed for inflation in $100 increments. Increases the AGI phase-out limits for active participants in an employer-sponsored plan. (Sec. 303) Provides for Individual Development Accounts (IDA). Permits, if an eligible individual establishes an IDA with a qualified financial institution, the qualified financial institution to deposit into a separate, parallel, individual or pooled matching account an eligible matching contribution for the taxable year. Provides a tax credit for certain matching contributions to an IDA. Prohibits matching contributions after December 31, 2005. Permits qualified distributions only if, among other things: (1) the holder of the IDA has completed an economic literacy course offered by a qualified financial institution, a nonprofit organization, or a government entity; and (2) the distribution is used for qualified expenses (qualified higher education expenses, qualified first-time homebuyer costs, qualified business capitalization costs, or qualified rollovers). (Sec. 304) Permits IRAs to invest in any coin certified by a recognized grading service. Subtitle B: Expanding Coverage - Provides for optional treatment of elective deferrals as plus contributions. (Sec. 312) Increases elective deferral contribution limits. (Sec. 313) Eliminates certain current rules concerning plan loans made to an owner-employee. (Sec. 314) Provides that elective deferral contributions are not subject to deduction limits. (Sec. 315) Amends the Employee Retirement Income Security Act (ERISA) of 1974 to provide that, during the first five years of a new single-employer plan of a small employer (100 or fewer employees), the flat rate Pension Benefit Guaranty Corporation (PGBC) premium will be five dollars per plan participant. Provides for a reduced additional PGBC variable premium for new employers. (Sec. 317) Eliminates user fee requirements for requests to the IRS concerning the status of pension plans. (Sec. 318) Amends the IRC to allow an eligible employer to establish and maintain a SAFE annuity (an individual retirement annuity) or a SAFE trust (a trust forming part of a defined benefit plan), both to be funded by the employer. Makes the employer contributions deductible without limitation and otherwise provides for the treatment of contributions and distributions. Mandates a penalty for early withdrawals. Requires simplified employer reports for SAFE annuities and simplified actuarial reports for SAFE trusts. Amends ERISA to exempt SAFE trusts from coverage requirements and SAFE annuities from certain employer reporting requirements. (Sec. 319) Modifies top-heavy rules. Subtitle C: Enhancing Fairness for Women - Provides that individuals who have attained age 50 may make additional catch-up elective contributions to employer-sponsored retirement plans and additional catch-up IRA contributions. (Sec. 322) Sets forth requirements relating to equitable treatment for contributions of employees to defined contribution plans. Requires that certain contributions by church plans are not to be treated as exceeding a specified limit. (Sec. 323) Revises requirements relating to tax treatment of division of section 457 plan benefits upon divorce. (Sec. 324) Directs the Secretary to revise regulations relating to safe harbor relief for hardship withdrawals from cash or deferred arrangements. (Sec. 325) Provides for faster vesting of certain employer matching contributions. Subtitle D: Increasing Portability for Participants - Permits rollovers from and to various types of plans. (Sec. 332) Permits individual retirement plan (IRA) rollovers only if certain conditions are met. (Sec. 333) Permits rollover of after-tax contributions in an exempt trust under specified conditions. (Sec. 334) Sets forth a hardship exception to the 60-day rule. (Sec. 335) Sets forth requirements for treatment of forms of distribution available under transferor and transferee plans. (Sec. 336) Revises restrictions on distributions, including the same desk exception. (Sec. 337) Authorizes trustee-to-trustee transfers to purchase permissive service credit with respect to governmental defined benefit plans. (Sec. 338) Allows employers to disregard rollovers for purposes of cash-out amounts, under retirement plan provisions. (Sec. 339) Revises year of inclusion in gross income requirements for section 457 plans. Subtitle E: Strengthening Pension Security and Enforcement - Amends the IRC and ERISA to phase-in increases in the percentage of the current liability funding limit. Repeals such limit beginning January 1, 2004. (Sec. 342) Amends ERISA to direct the PBGC to prescribe rules relating to missing participants for multiemployer plans covered by the PBGC that terminate. (Sec. 343) Amends the IRC to allow 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. 344) Imposes an excise tax on a plan failing to provide required notice of a significant reduction in the rate of future benefit accrual. (Sec. 345) Amends the Taxpayer Relief Act of 1997 to protect investment of employee contributions to 401(k) plans by providing that specified requirements apply to elective deferrals for plan years beginning after December 31, 1998. (Sec. 346) Makes certain compensation limitations for defined benefit plans inapplicable to governmental and multiemployer plans. Prohibits combining or aggregating a multiemployer plan with any other plan maintained by the employer for the purpose of applying such limitations. Subtitle F: Encouraging Retirement Education - Requires that pension benefit statements be furnished annually (once every three years for defined benefit plans) or on request. Allows written or electronic statements. Requires multiemployer plans to furnish a statement (written or electronic) on request. (Sec. 352) Excludes qualified retirement planning services from gross income (as a fringe benefit). Subtitle G: Reducing Regulatory Burdens - Directs the Secretary, by regulation, to provide that plan satisfies the nondiscrimination requirements concerning highly employees if it meets pre-1994 requirements and certain other conditions are met. (Sec. 362) Amends the IRC and ERISA to revise requirements relating to timing of plan valuations. (Sec. 363) Amends ERISA rules for substantial owners relating to plan terminations to revise: (1) the phase-in of the guarantee; and (2) the allocation of assets. (Sec. 364) Amends IRC requirements for applicable dividends to allow dividends of employee stock ownership plans to be reinvested without loss of dividend deduction. (Sec. 365) Revises the notice and consent period regarding distributions. Directs the Secretary tomodify certain regulations to provide that the description of a participant's right, if any, to defer receipt of a distribution shall also describe the consequences of failing to defer such receipt. (Sec. 367) Repeals a transition rule relating to certain highly compensated employees under the Tax Reform Act of 1986. (Sec. 368) Directs the Secretary to modify certain regulations with respect to certain plan participation by employees of tax-exempt entities under the IRC. (Sec. 369) Revises ERISA requirements for annual report dissemination. (Sec. 370) Revises rules concerning the exclusion for employer provided transit passes. Subtitle H: Plan Amendments - Prescribes requirements for plan amendments or annuity contract amendments under the IRC. Title IV: Education Tax Relief Amendments - Eliminates the 60-month limit on student loan interest deductions and increases the income limitation on student loan deductions. (Sec. 402) Permits private educational institutions to maintain qualified tuition programs which are comparable to qualified State tuition programs. Excludes qualified distributions from such accounts from gross income. (Sec. 403) Excludes from gross income certain amounts received under the National Health Corps Scholarship Program or the Armed Forces Health Professions Scholarship and Financial Assistance Program. (Sec. 404) Permanently extends the exclusion from gross income of employer-provided educational assistance and restores the exclusion for such assistance on the graduate level. (Sec. 405) Increases the amount by which certain governmental bonds used to finance public school capital expenditures may be exempted from specified arbitrage bond provisions. (Sec. 406) Provides for the treatment of qualified public educational facility bonds as exempt facility bonds. Defines a "qualified public educational facility" as any school facility which is: (1) part of a public elementary school or a public secondary school; and (2) owned by a private, for-profit corporation pursuant to a public-private partnership agreement with a State or local educational agency. Provides for an exception from the State volume cap. (Sec. 407) Permits aggregate Federal guarantees of up to $500 million in school construction bonds by the Federal Housing Finance Board. Title V: Health Care Tax Relief Provisions - Phases-in a 100 percent deduction (for both itemizers and nonitemizers) for the health and long-term care insurance costs of individuals not participating in employer-subsidized health plans. (Sec. 502) Permits offering long-term care insurance under cafeteria plans and flexible spending arrangements. (Sec. 503) Permits a taxpayer an additional exemption for certain elderly family members who need long-term care and who reside with the taxpayer. (Sec. 504) Adds to the list of taxable vaccines any conjugate vaccine of streptococcus pneumoniae. Reduces the per dose vaccine tax rate. Requires a report on the adequacy of the Vaccine Injury Compensation Trust Fund to meet claims. Title VI: Small Business Tax Relief Provisions - Provides for the deduction of 100 percent of the health insurance costs of self-employed individuals. (Sec. 602) Increases to $30,000 the amount which may be expensed as section 179 property. (Sec. 603) Makes the 6.2 percent Federal Unemployment Tax Act rate effective through calendar year 2004 (currently, 2007) and the 6.0 percent rate effective through calendar year 2005 (currently, 2008). (Sec. 604) Coordinates, for farmers, income averaging with the alternative minimum tax. (Sec. 605) Permits an individual engaged in an eligible farming business a limited deduction for amounts paid into a Farm and Risk Management Account. Defines such an account. Title VII: Estate and Gift Tax Relief Tax Provisions - Subtitle A: Reductions of Estate, Gift, and Generation-Skipping Transfer Taxes - Reduces the maximum estate tax rate from 55 to 50 percent. Repeals the phaseout of graduated rates. (Sec. 702) Replaces the unified credit with a unified exemption amount. Subtitle B: Conservation Easements - Doubles the distance within which qualified conservation easements must be located from a metropolitan area, national park, or wilderness area. Subtitle C: Annual Gift Exclusion - Phases-in a doubling of the annual gift exclusion. Subtitle D: Simplification of Generation-Skipping Transfer Tax - Permits the retroactive allocation of the generation-skipping transfer tax (GST) in certain cases. (Sec. 732) Permits the severance of a trust if there is a "qualified severance." (Sec. 733) Modifies certain valuation rules. (Sec. 734) Requires regulations prescribing the circumstances and procedures under which extensions of time will be granted in the case of a GST exemption or exception. Title VIII: Tax Exempt Organizations Provisions - Exempts an organization from income tax if it is created by a State to provide property and casualty insurance coverage for property for which such coverage is otherwise unavailable. (Sec. 802) Modifies rules relating to unrelated business taxable income for amounts received from controlled entities. (Sec. 803) Repeals the separate grass roots lobbying expenditure limit. (Sec. 804) Exempts from inclusion as income individual retirement account (IRA) distributions used for qualified charitable purposes. Sets forth related rules for charitable remainder trusts, pooled income funds, and charitable gift annuities. (Sec. 805) Excludes from an individual's gross income amounts received as reimbursement regarding the use of a passenger automobile for the benefit of a charitable organization. Relieves the organization of certain reporting requirements regarding the reimbursements. (Sec. 806) Treats certain expenses incurred by whaling captains while carrying out sanctioned activities for Native Alaskan subsistence whaling as a charitable contribution deduction. (Sec. 807) Permits charitable contributions to be made to qualified low-income schools after the end of a tax year, if such contributions are made before the required filing time. (Sec. 808) Permits non-itemizers to deduct a portion of their charitable contributions. (Sec. 809) Phases-in increases in the percentage limitations applicable to charitable contributions. (Sec. 810) Sets forth a limited exception to the excess business holdings rule. Title IX: International Tax Relief - Permits treating each electing worldwide affiliated group as an affiliated group for purposes allocating and apportioning interest expense for each domestic corporation which is a member of the group. (Sec. 902) Revises provisions concerning the of application of look-thru rules to dividends from noncontrolled section 902 corporations to provide, in general, that any dividend from a noncontrolled section 902 corporation with respect to the taxpayer shall be treated as income in a separate category in proportion to the ratio of: (1) the portion of earnings and profits attributable to income in such category; to (2) the total amount of earnings and profits. (Sec. 903) Excludes from the definition of "foreign base company oil related income" the pipeline transportation of oil or gas within such foreign country. (Sec. 904) Excludes from the definition of "foreign base company services income" income derived in connection with the performance of services which are related to the transmission of high voltage electricity. (Sec. 905) Provides for the treatment of advance pricing agreements as confidential taxpayer information. (Sec. 906) Exempts certain air transportation rights sold to foreign individuals from the 7.5 percent excise tax. (Sec. 907) Repeals the 90 percent limitation on the utilization of the alternative minimum tax foreign tax credit. (Sec. 908) Repeals the special foreign corporation sales rule for military property. Title X: Housing and Real Estate Tax Relief Provisions - Subtitle A: Low-Income Housing Credit - Modifies the low-income housing credit. Subtitle B: Historic Homes - Establishes a credit equal to 20 percent of the qualified rehabilitation expenditures made by a taxpayer with respect to a qualified historic home. Subtitle C: Provisions Relating to Real Estate Investment Trusts - Part I: Treatment of Income and Services Provided By Taxable REIT Subsidiaries - Excludes taxable REIT subsidiaries (TRSs) from the five and ten percent asset tests. (Sec. 1022) Allows TRSs to provide non-customary tenant services. (Sec. 1023) Allows a REIT to establish a TRS (as defined). (Sec. 1024) Includes in the definition of "disqualified interest" (Sec. 163 of the IRC) any interest paid or accrued by a TRS to the REIT. (Sec. 1025) Imposes a 100 percent tax on any interest payments by a TRS to the REIT in excess of the commercially reasonable interest rate. Part 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. Part III: Conformity With Regulated Investment Company Rules - Changes the distribution requirement from 95 percent to 90 percent. Part IV: Clarification of Exception From Impermissible Tenant Service Income - 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. Part 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. Part VI: Study Relating to Taxable REIT Subsidiaries - Directs the: (1) Commissioner of the Internal Revenue shall conduct a study to determine how many taxable REIT subsidiaries are in existence and the aggregate amount of taxes paid by such subsidiaries; and (2) the Secretary of the Treasury to submit a report to the Congress describing the results of such study. Subtitle D: Private Activity Bond Volume Cap - Accelerates the increase in the volume cap on State private activity bonds. Subtitle E: Leasehold Improvements Depreciation - Includes qualified leasehold improvement property as 15 year property for purposes of the accelerated cost recovery depreciation rules. Defines "qualified leasehold improvement property" as certain improvements to an interior portion of a building which is nonresidential property. Title XI: Miscellaneous Provisions - Repeals the: (1) LUST taxes on fuel used in trains; and (2) 4.3-cents-per-gallon General Fund excise tax on diesel fuel used by railroads and on fuels used by barges operating on designated inland waterways. (Sec. 1102) Amends the Internal Revenue Code with respect to the tax treatment of Settlement Trusts established under the Alaska Native Claims Settlement Act. Exempts from income taxation any such Settlement Trust electing coverage by this Act. Declares that for an electing trust: (1) no amount shall be includible in the gross income of a Settlement Trust beneficiary by reason of a contribution to the Settlement Trust during such taxable year; and (2) the ordinary requirements for taxation of trusts and beneficiaries shall not apply. Requires an electing trust to distribute at least 55 percent of its adjusted taxable income each taxable year. Imposes a tax on a trust, in the amount of the failure, if the distribution is insufficient. Includes in the beneficiary's gross income, as ordinary income, any distribution from an electing trust (only when the actual distribution is received). Provides that distributions from the trust will be taxable as ordinary income even if the distribution represents a return of capital. Requires tax withholding on trust distributions over a certain amount. (Sec. 1103) Permits businesses to recover, as specified, long-term unused credits against the alternative minimum tax. (Sec. 1104) Permits a five-year net operating loss carryback for losses attributable to operating mineral interests of independent oil and gas producers. (Secs. 1105 and 1106) 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. (Sec. 1107) Provides that, for specified purposes of the active business definition, all members of a corporation's separate affiliated group shall be treated as one corporation. (Sec. 1108) Increases the maximum dollar limitation on reforestation expenses eligible for amortization and suspends such dollar limitation through calendar year 2003. (Sec. 1109) Revises the excise tax on arrow components. (Sec. 1110) Doubles the Joint Committee on Taxation reporting threshold for refunds and credits. (Sec. 1111) Modifies the definition of a rural airport for purposes of the air passenger tax. (Sec. 1112) Provides that the patronage dividends of cooperatives shall not be reduced by stock dividends to the extent the stock dividends are in addition to amounts otherwise payable. (Sec. 1113) Repeals certain provisions concerning the filing of consolidated returns by insurance companies. (Sec. 1114) Modifies, for lending or finance companies, the exemption from the personal holding company tax. (Sec. 1115) Expands the credit for modifications to inter-city buses to meet Americans with Disabilities Act requirements. (Sec. 1116) Accelerates the 80 percent deduction for business meal expenses for individuals subject to Federal hours of service limitations. (Sec. 1117) Provides for the treatment of a qualified highway infrastructure project bond as an exempt private activity bond. (Sec. 1118) Extends the District of Columbia (DC) homebuyer credit by one year and increases the phase-out range. (Sec. 1119) Eliminates the ten percent poverty rate limitation for purposes of the zero-percent capital gains rate for DC zone assets. (Sec. 1120) Classifies any natural gas gathering line as seven-year property for purposes of depreciation. Defines natural gas gathering line. (Sec. 1121) Exempts small seaplanes from the air passenger excise taxes. Title XII: Extension of Expired and Expiring Provisions - Extends the: (1) research credit (permanently); (2) subpart F (Controlled Foreign Corporations) exemption for active income financing (for five years); (3) taxable income limit on percentage depletion for marginal oil and gas wells (for five years); (4) work opportunity credit and the welfare-to-work credit (for five years); (5) credit for electricity produced by wind and closed-loop biomass (for five years) and extends a credit to facilities using poultry waste; and (6) expiration date for the expensing of certain environmental remediation costs until June 30, 2004. Maintains the exemption of Alaska from dyeing requirements for diesel fuel and kerosene exempt from the gasoline tax. Repeals the exemption from such dyeing requirements for other States exempted by the Administrator of the Environmental Protection Agency from such requirements under the Clean Air Act. Title XIII: Revenue Offsets - Subtitle A: General Provisions - Modifies the foreign tax credit carryback and carryover periods. (Sec. 1302) Amends provisions involving returns relating to the cancellation of indebtedness by certain entities to include within the definition of "applicable financial entity" any organization a significant trade or business of which is the lending of money. (Sec. 1303) Increases the withholding rate for nonperiodic distributions from 10 to 15 percent. (Sec. 1304) Directs the Secretary to establish a program requiring the payment of user fees for requests to the IRS for ruling letters, opinion letters, determination letters, and other similar requests. Terminates fees October 1, 2009. (Sec. 1305) Prohibits transfers of excess pension assets to retiree health account made after September 30, 2009, (currently, after December 31, 2000) from being treated as qualified transfers. (Sec. 1306) Excludes from the definition of "capital asset" (under rules for determining capital gains and losses) any commodities derivative financial instrument held by a commodities dealer, if such instrument clearly has no connection to the activities of the dealer as a dealer. Subtitle B: Loophole Closers - Limits the use of the non-accrual experience method of accounting under provisions relating to special rules for services. (Sec. 1312) Modifies rules relating to the exemption of certain ten or more employer plans from welfare benefit fund provisions. (Sec. 1313) Prohibits, in general, the use of the installment method of accounting for accrual method dispositions. (Sec. 1314) Treats a gain as an ordinary gain to the extent such gain exceeds the net underlying long-term capital gain where the taxpayer has gain from a constructive ownership transaction with respect to any financial position and such gain otherwise would be treated as a long-term capital gain. Provides that, to the extent such gain is treated as a long-term capital gain after the application of the previous sentence, the determination of the applicable capital gain rate (or rates) shall be determined on the basis of the respective rate (or rates) that would have been applicable to the net underlying long-term capital gain. Sets forth definitions and exceptions. (Sec. 1315) Amends the IRC to disallow a deduction for the transfer of a charitable contribution to or for the use of a State or charitable tax-exempt organization or trust if in connection with such transfer: (1) the organization directly or indirectly pays, or has previously paid, any premium on any personal benefit contract (life insurance, annuity, or endowment contract, also known as charitable split-dollar life insurance) with respect to the transferor; or (2) there is an understanding (side agreement) that any person will directly or indirectly pay any premium on such contract with respect to such transferor. Imposes on such organization an excise tax equal to the premiums paid by it on the personal benefit contract. Provides that certain persons shall not be treated as indirect beneficiaries: (1) in certain cases in which a charitable organization purchases an annuity contract to fund an obligation to pay a charitable gift annuity; or (2) solely by reason of being a noncharitable recipient of an annuity or unitrust amount paid by a charitable remainder trust that holds a life insurance, annuity or endowment contract. (Sec. 1316) Prohibits from taking into account any dividend received from a closely held real estate investment trust by any person owning 10 percent or more of the stock or beneficial interests in the trust in computing annualized income installments in a manner similar to the manner under which partnership income inclusions are taken into account. (Sec. 1317) Requires any employee stock ownership plan holding employer securities consisting of stock in an S corporation to provide that no portion of the assets of the plan attributable to (or allocable in lieu of) such employer securities may, during a nonallocation year, accrue (or be allocated directly or indirectly under any qualified plan of the employer) for the benefit of any disqualified individual. (Sec. 1318) Revises the anti-abuse rules related to assumption of liability. (Sec. 1319) Provides that, as a general rule, a transfer of an interest in intangible property shall be treated (under provisions concerning the transfer of property to a corporation controlled by the transferor) as a transfer of property even if the transfer is of less than all of the substantial rights of the transferor in the property. (Sec. 1320) Makes a controlled entity ineligible to be a REIT (Real Estate Investment Trust). Defines "controlled entity." (Sec. 1321) Sets forth rules concerning distributions to a corporate partner of stock in another corporation. Title XIV: Technical Corrections - Sets forth amendments concerning, among other things: (1) the Tax and Trade Relief Extension Act of 1998; (2) the Internal Revenue Service Restructuring and Reform Act of 1998; (3) the Taxpayer Relief Act of 1997; (4) the treatment of worthless securities of affiliated corporations; (5) the IRA contribution amount of the lesser earning spouse; (6) modified endowment contracts; (7) lump-sum distributions; and (8) tentative carryback adjustments of losses from section 1256 contracts. Title XV: Compliance With Congressional Budget Act - States that: (1) all provisions of, and amendments made by, this Act which are in effect on September 30, 2009, shall cease to apply as of the close of September 30, 2009; (2) all provisions of, and amendments made by, this Act which were terminated under clause (1) shall begin to apply again as of October 1, 2009, as provided in each such provision or amendment.

Foreign Operations, Export Financing, and Related Programs Appropriations Act, 2000

United States · United States Congress · 23 July 1999

TABLE OF CONTENTS: Title I: Export and Investment Assistance Title II: Bilateral Economic Assistance Title III: Military Assistance Title IV: Multilateral Economic Assistance Title V: General Provisions Foreign Operations, Export Financing, and Related Programs Appropriations Act, 2000 - Title I: Export and Investment Assistance - Makes appropriations for FY 2000 for: (1) direct loans, loan guarantees, tied-aid grants, insurance, and administrative expenses under Export-Import Bank programs; (2) Overseas Private Investment Corporation (OPIC) direct and guaranteed loans and credit and insurance programs, including administrative expenses; and (3) the Trade and Development Agency. Title II: Bilateral Economic Assistance - Makes appropriations for FY 2000 for: (1) expenses of the President in carrying out certain programs under the Foreign Assistance Act of 1961; (2) the Agency for International Development (AID) for child survival and disease programs, including basic education programs; (3) specified development assistance (allowing availability of limited amounts for the Inter-American Foundation and the African Development Foundation); (4) international disaster assistance; (5) micro and small enterprise development programs; (6) guaranteed loans for the urban and environmental credit program; (7) the Foreign Service Retirement and Disability Fund; (8) operating expenses of AID and the AID Office of Inspector General; (9) Economic Support Fund (ESF) assistance (earmarking amounts for Israel and Egypt); (10) the International Fund for Ireland; (11) economic assistance for Eastern Europe and the Baltic States (earmarking amounts for Bosnia and Herzegovina, but with a prohibition on funds for new housing construction or repair or reconstruction of existing housing in Bosnia and Herzegovina unless directly related to U.S. troop efforts to promote peace there); (12) assistance for the new independent states of the former Soviet Union (subject to specified conditions, and earmarking amounts for Mongolia, the Southern Caucasus (especially the areas of Abkhazia and Nagorno- Karabagh), Georgia, and Armenia); (13) the Peace Corps (but with a prohibition on the use of such funds for abortions); (14) international narcotics control and law enforcement (earmarking amounts for anti-crime programs); (15) migration and refugee assistance; (16) the Emergency Refugee and Migration Assistance Fund; (17) nonproliferation, anti-terrorism, demining, and related programs and activities (including U.S. contributions to the International Atomic Energy Agency (IAEA), the Korean Peninsula Energy Development Organization (KEDO), and the Comprehensive Nuclear Test Ban Treaty Preparatory Commission); (18) debt restructuring of concessional loans, guarantees, and credits made to eligible foreign countries, including sub-Saharan African countries; and (19) the Department of the Treasury for international affairs technical assistance activities. Bars the use of development assistance funds for: (1) coercive abortions or involuntary sterilizations; (2) U.S. private and voluntary organizations which obtain less than 20 percent of annual funding from sources other than the U.S. Government; and (3) any activity which is in contravention to the Convention on International Trade in Endangered Species of Flora and Fauna (CITES). Prohibits the availability of funds for economic revitalization programs in Bosnia and Herzegovina if the President certifies to the Committees on Appropriations: (1) that they have not complied with article III of annex 1-A of the General Framework Agreement for Peace in Bosnia and Herzegovina concerning the withdrawal of foreign forces; and (2) that intelligence cooperation on training, investigations, and related activities between Iranian officials and Bosnian officials has not been terminated. Title III: Military Assistance - Makes appropriations for FY 2000 for: (1) expanded international military education and training (IMET) to Indonesia and Guatemala; (2) foreign military financing grants and direct loans (earmarking amounts for Israel and Egypt) ; and (3) international peacekeeping operations (subject to certain conditions). Prohibits: (1) IMET to the School of the Americas unless the Secretary of Defense certifies that such assistance is consistent with U.S. training and doctrine, particularly with respect to the observance of human rights; and (2) foreign military financing for Sudan, Liberia, and Guatemala. Title IV: Multilateral Economic Assistance - Makes appropriations for FY 2000 for the U.S. contribution to: (1) the Global Environment Facility of the International Bank for Reconstruction and Development (World Bank); (2) International Development Association (IDA); (3) the Inter-American Development Bank; (4) the Asian Development Bank; (5) the Asian Development Fund; (6) the African Development Fund; and (7) the European Bank for Reconstruction and Development. Makes appropriations for FY 2000 for international programs and organizations. Sets certain restrictions on international organization funding. Prohibits the use of funds for the KEDO or the IAEA. Title V: General Provisions - Sets forth limits on the use of appropriations, including that no more than 15 percent of such appropriations shall be obligated during the last month of availability. (Sec. 502) Prohibits: (1) the use of funds for bilateral funding of international financial institutions; and (2) the transfer of such funds by the AID directly to such an institution for the purpose of repaying a foreign country's loan obligations to it. (Sec. 503) Sets forth limits on the use of appropriations, including no more than specified maximums for official residence expenses, entertainment expenses, and representation allowances for AID, and for entertainment and representation allowances for the Inter-American Foundation and the Trade and Development Agency. Limits the use of funds for entertainment expenses of the Peace Corps, and of entertainment and representation allowances under the Foreign Military Financing Program. (Sec. 506) Prohibits the use of funds for: (1) the export of nuclear equipment, fuel, or technology (except for nuclear safety purposes); (2) direct assistance or reparations to Cuba, Iraq, Libya, North Korea, Iran, Sudan, or Syria; (3) assistance to any country whose duly elected head of government is deposed by military coup or decree; (4) certain transfers between appropriations accounts without prior presidential consultation with Congress; (5) assistance to any country in default in excess of a year on payments on a U.S. loan (except for Nicaragua, Brazil, Liberia and for any narcotics-related assistance for Colombia, Bolivia, and Peru); and (6) assistance (except in certain circumstances) for production of any commodity for export by a foreign country, if the commodity is likely to be in surplus on world markets when the resulting productive capacity is expected to become operative, and if the assistance will cause substantial injury to U.S. producers of a similar commodity. (Sec. 514) Directs the Secretary of the Treasury to instruct the U.S. Executive Directors of specified international financial institutions to: (1) oppose any assistance for the production or extraction of any commodity or mineral for export if it is in surplus on world markets and such assistance will cause substantial injury to U.S. producers of a similar commodity; and (2) support the purchase of American produced agricultural commodities with funds appropriated under this Act. (Sec. 516) Declares that funds appropriated for foreign operations, export financing, and related programs, that are returned or not made available for international organizations and programs shall remain available for obligation until FY 2001. (Sec. 517) Prohibits the availability of assistance for the Independent States of the former Soviet Union to a Government of such an Independent State, unless such Government is making progress in implementing comprehensive economic reforms based on market principles, private ownership, respect for commercial contracts, and equitable treatment of foreign private investment. Prohibits the availability of assistance also: (1) if such a Government applies or transfers U.S. assistance to any entity for the purpose of expropriating or seizing ownership of assets, investments, or ventures (unless the President determines such assistance is in the national interest); (2) if such a Government directs action in violation of the territorial integrity or national sovereignty of any other Independent State of the former Soviet Union; or (3) to enhance its military capability (except for demilitarization, demining, or nonproliferation programs). (Sec. 518) Prohibits the use of development assistance funds for abortions or involuntary sterilizations as methods of family planning or to motivate or coerce any person to practice abortions, or provide any financial incentive to undergo sterilization. (Sec. 519) Limits to no more than five percent the amount of export financing funds (other than for administrative expenses) that can be transferred from one appropriation to another, with no appropriation being increased by more than 25 percent by such transfer. (Sec. 520) Prohibits the use of funds for Colombia, Haiti, Liberia, Pakistan, Panama, Serbia, Sudan, or the Democratic Republic of Congo, except through the regular notification procedures of the Committees on Appropriations. (Sec. 522) Makes funds available to AID for child survival, basic education, and infectious disease activities in developing countries. (Sec. 523) Bars funding for indirect assistance or reparations to Cuba, Iraq, Libya, Iran, Syria, North Korea, or China unless the President certifies that the withholding of such funds is contrary to the U.S. national security interest. (Sec. 524) Requires the Department of Defense (DOD) to notify the Committees on Appropriations before providing excess DOD articles to certain NATO and major non-NATO countries. (Sec. 526) Authorizes the availability of ESF funds to provide general support and grants for nongovernmental organizations located outside China that have as their primary purpose fostering democracy in that country. (Sec. 527) Prohibits bilateral assistance funds to any country which the President determines grants sanctuary from prosecution to any individual or group which has committed an act of international terrorism or otherwise supports such activities. Authorizes a waiver of this prohibition by the President for national security and humanitarian reasons, requiring notification to the Committees on Appropriations. (Sec. 528) Authorizes the commercial leasing of defense articles (instead of government-to-government sale) to Israel, Egypt, NATO, and major non-NATO allies if the President determines that there are compelling foreign policy or national security reasons. (Sec. 529) Requires all AID contracts and subcontracts to include a clause requiring that U.S. insurance companies have a fair opportunity to bid for insurance when insurance is necessary or appropriate. (Sec. 530) Prohibits U.S. sale of Stinger missiles in the Persian Gulf region, with certain exceptions. (Sec. 531) Authorizes nongovernmental organizations which are AID grantees or contractors to place funds made available to them under this Act in interest bearing accounts in order to enhance their participation in economic activities under the Foreign Assistance Act of 1961, including endowments and debt-for-development and debt-for- nature exchanges. (Sec. 532) Directs the Administrator of AID to require foreign countries that receive foreign assistance which results in the generation of local currencies to deposit such currencies in a separate account to be used to finance foreign assistance activities. (Sec. 533) Prohibits payments to any international financial institution while the U.S. Executive Director to the institution is compensated at a rate in excess of that for Level IV of the Executive Schedule. (Sec. 534) Bars assistance to any country that is not in compliance with the United Nations (UN) sanctions against Iraq, unless the President certifies to the Congress that such assistance: (1) is in the U.S. national interest; (2) will directly benefit the needy people in that country; or (3) will be humanitarian assistance for foreign nationals who have fled Iraq and Kuwait. (Sec. 535) Declares that provisions under this or any other Act authorizing appropriations for foreign operations or export financing shall not be construed to prohibit activities authorized by the Peace Corps Act, the Inter-American Foundation Act, or the African Development Foundation Act. Requires an agency to report to the Committees on Appropriations whenever it is conducting or proposing activities in a country for which such assistance is prohibited. Limits on the availability of funds for international organizations and programs shall not be construed to be applicable to the International Fund for Agricultural Development. (Sec. 536) Prohibits the use of funds to provide: (1) any financial incentive to a business for purposes of inducing it to relocate outside the United States if it will reduce the number of employees in the United States; (2) assistance for establishing or developing in a foreign country an export processing zone or other designated area in which a country's tax, tariff, labor, environment, and safety laws do not apply to activities in the area, unless the President certifies that such assistance is not likely to cause a loss of U.S. jobs; or (3) assistance for any project that contributes to the violation of internationally recognized workers rights in the recipient country. (Sec. 537) Prohibits the availability funds under this Act for the Republic of Serbia (except for Kosova or Montenegro or for assistance to promote democratization). (Sec. 538) Declares that funds appropriated under this Act for Afghanistan, Lebanon, Montenegro, and for victims of war, displaced children, displaced Burmese, humanitarian assistance for Romania, and humanitarian assistance for the peoples of Kosova may be made available notwithstanding any other provision of law. Authorizes the use of foreign assistance funds to support tropical forestry and biodiversity conservation programs, and subject to the regular notification procedures of the Committees on Appropriations, energy programs aimed at reducing greenhouse gas emissions. Authorizes AID to employ personal services contractors to administer programs for the West Bank and Gaza. Authorizes the President to waive certain prohibitions with respect to the Palestine Liberation Organization (PLO) if the President determines and certifies to Congress that it is in the national interest. (Sec. 539) Expresses the sense of the Congress with respect to: (1) immediate public renunciation by Arab League countries of the boycott of Israel (reinstated in 1997) and of American firms having commercial ties with Israel; and (2) steps the President should take to encourage such renunciation. (Sec. 540) Authorizes the use of ESF funds to strengthen the administration of justice in countries in Latin America, the Caribbean, and in other regions. (Sec. 541) Declares that restrictions on assistance to foreign countries contained in this Act or any other Act (except those relating to international terrorism or human rights violations) shall not be construed to restrict assistance: (1) in support of certain programs of nongovernmental organizations; or (2) under specified provisions of the Agricultural Trade Development and Assistance Act of 1954. (Sec. 542) Authorizes the reprogramming of earmarked appropriations for other programs within the same account, provided certain requirements are met. (Sec. 544) Prohibits the use of funds for publicity or propaganda purposes within the United States that were not authorized before the enactment of this Act. (Sec. 545) Declares that assistance under this Act should make full use of American resources, including commodities, products, and services, to the maximum extent possible. Declares the sense of Congress that, to the greatest extent practicable, all agricultural commodities, equipment, and products purchased with funds made available in this Act should be American- made. Requires Federal agency heads, in providing financial assistance to or entering into any contract with any entity using funds made available in this Act, to notify such entity of this intention. (Sec. 546) Prohibits the use of funds to pay any assessments, arrearages, or dues of any U.N. member (including costs for attendance of another country's delegation at international conferences). (Sec. 548) Prohibits the provision of funds to a private voluntary organization that fails to provide any document, file, or record necessary to the auditing requirements of AID. (Sec. 549) Prohibits the provision of funds to any foreign government that provides lethal military equipment to a country that the Secretary of State has determined has a terrorist government, unless the President determines that the furnishing of such assistance is in the U.S. national interest. (Sec. 550) Withholds assistance to a foreign country in an amount equal to 110 percent of the total unpaid parking fines and penalties owed by the country to the District of Columbia. (Sec. 551) Prohibits the obligation of any appropriations for the PLO for the West Bank and Gaza unless the President has exercised certain authorities to suspend prohibitions on assistance to the PLO. (Sec. 552) Permits the President to provide up to a specified amount of commodities and services to the UN War Crimes Tribunal if doing so will contribute to a just resolution of charges regarding genocide or other violations of international law in the former Yugoslavia. (Sec. 553) Authorizes disposal on a grant basis in foreign countries of demining equipment used in support of the clearance of land mines and unexploded ordnance for humanitarian purposes. (Sec. 554) Prohibits the obligation of appropriations to create in Jerusalem a new U.S. agency office for the purpose of conducting U.S. business with the Palestinian Authority over Gaza and Jericho (or any successor Palestinian governing entity) provided for in the Israel-PLO Declaration of Principles. (Sec. 555) Prohibits the obligation of certain funds appropriated for Informational Program activities to pay for: (1) alcoholic beverages; (2) food (other than food provided at a military installation) not provided in conjunction with Informational Program trips where students do not stay at a military installation; or (3) entertainment expenses for recreational activities. (Sec. 556) Limits the amount of certain foreign assistance funds to Latin America and the Caribbean region. (Sec. 557) Authorizes the President to reduce amounts owed to the United States by eligible countries as a result of: (1) housing guarantees made pursuant to the Foreign Assistance Act of 1961; (2) credits extended or guarantees issued under the Arms Export Control Act; or (3) any obligation for a Latin American country to pay for purchases of U.S. agricultural commodities guaranteed by the Commodity Credit Corporation. Permits exercise of such authority only: (1) to implement multilateral official debt relief and referendum agreements known as the Paris Club Agreed Minutes; and (2) with respect to countries with heavy debt burdens that are eligible to borrow from the International Development Association (but not from the International Bank for Reconstruction and Development) (IDA-only countries). Prescribes additional conditions for the exercise of such authority. (Sec. 558) Authorizes the President to engage in certain debt buybacks or sales. Authorizes sale, reduction, or cancellation of certain loans to foreign governments, upon receipt of payment from an eligible purchaser that plans to use such loans only for the purposes of engaging in debt-for-equity swaps, debt-for-development swaps, or debt-for-nature swaps. Limits such authority to funds appropriated by this Act under the heading of debt restructuring. (Sec. 559) Urges the President, in providing assistance to Haiti, to place priority on: (1) aggressive action to support the Haitian National Police, including efforts to purge corrupt and politicized elements within the police; (2) steps to ensure that U.S. assisted elections in Haiti are free, fair, and democratic; (3) support for a program to develop an indigenous human rights monitoring capacity; (4) steps to continue privatization of state-owned enterprises; (5) establishment of an economic development fund for Haiti to provide long-term, low interest loans to U.S. investors and businesses that are committed to doing business there; and (6) a substantial agricultural development program. Directs the President to report to specified congressional committees on the status: (1) of each of the governmental institutions envisioned in the 1987 Haitian Constitution; (2) of the privatization of the major public entities; (3) of the Government of Haiti's efforts to conduct thorough investigations of extrajudicial and political killings; (4) of steps being taken to secure ratification of the maritime counter-narcotics agreements signed October 1997; and (5) of the extent to which domestic capacity to conduct free, fair, and democratic elections has been developed in Haiti. (Sec. 560) Requires a specified annual report of the Secretary of State containing the voting record of each foreign member country of the UN to include a side-by-side comparison of each country's overall support for the United States at the UN and the amount of U.S. assistance provided to it in FY 1999. (Sec. 561) Prohibits the United States from paying any voluntary contribution to the UN, including the UN Development Program, unless the President certifies to Congress 15 days in advance of such payment that the UN is not engaged in any effort to implement or impose any taxation on U.S. persons in order to raise revenue for itself or any of its specialized agencies. (Sec. 562) Makes the Government of Haiti eligible to purchase U.S. defense articles and services for the civilian-led Haitian National Police and Coast Guard. (Sec. 563) Prohibits the obligation of any appropriations for the PLO unless the President certifies to Congress that it is in the U.S. national security interests. (Sec. 564) Prohibits the use of funds for the security forces of a foreign country if the Secretary of State believes they have committed gross violations of human rights, unless the Secretary reports to the Committees on Appropriations that such country is taking steps to bring the responsible persons to justice. (Sec. 565) Requires that any agreement between the United States and the Government of Indonesia for the sale of lethal weapons shall state that the United States expects that such items will not be used in East Timor. Declares that nothing in this section shall be construed to limit Indonesia's inherent right to national self- defense. (Sec. 566) Provides for bilateral and multilateral assistance sanctions (with humanitarian, democratization, and certain infrastructure project exceptions) against countries harboring war criminals indicted with respect to the former Yugoslavia. Prohibits the provision of bilateral assistance for programs in which publicly indicted war criminals are known to have any financial interest or communities that are not in compliance with specified sections of the Dayton Agreement relating to war crimes and the Tribunal. (Sec. 567) Prohibits the use of funds for the Government of the Russian Federation unless the President certifies to specified congressional committees that the Federation has not enacted laws or promulgated executive orders that discriminate against religious minorities in violation of international agreements on human rights and religious freedoms to which it is a party. (Sec. 568) Subjects the availability of funds in this Act to support programs or activities promoting country participation in the Kyoto Protocol to the Framework Convention on Climate Change (FCCC) to the regular notification procedures of the Committees on Appropriations. (Sec. 569) Directs the President to withhold a specified amount of foreign assistance funds (except development or humanitarian assistance) from countries that violate any UN sanction against Libya. (Sec. 570) Bars funds to the central Government of the Democratic Republic of Congo until the President reports to Congress that it is: (1) investigating and prosecuting those responsible for human rights violations there; and (2) implementing a credible democratic transition program. (Sec. 571) Earmarks specified foreign assistance funds for Israel, Egypt, Jordan, Lebanon, the West Bank and Gaza, the Israel-Lebanon Monitoring Group, the Multinational Force and Observers, the Middle East Regional Democracy Fund, Middle East Regional Cooperation, and Middle East Multilateral Working Groups. (Sec. 572) Requires the President to submit to specified congressional committees a plan for the distribution of the assets of an Enterprise Fund before any distribution resulting from liquidation, dissolution, or winding up of the Fund. (Sec. 573) Directs the Secretary of the Treasury to instruct the U.S. executive directors of international financial institutions to oppose loans to Cambodia (except loans to support basic human needs). Prohibits the availability of funds under this Act for assistance (other than for humanitarian and basic education activities) for the Government of Cambodia. (Sec. 574) Makes specified funds available for bilateral assistance for population planning activities. (Sec. 575) Directs the Secretaries of Defense and of State to report jointly to Congress on all overseas military training provided to, and proposed to be provided to, foreign military personnel under programs administered by the Defense and State Departments during FY 1999 and 2000. (Sec. 576) Earmarks specified funds for KEDO for administrative expenses and heavy fuel oil costs associated with the Agreed Framework (Joint Declaration on Denuclearization of the Korean Peninsula). Earmarks other amounts to KEDO if the President certifies to Congress that North Korea is complying with the provisions of the Agreed Framework. (Sec. 577) Authorizes investment of funds made available to grantees of the African Development Foundation pending expenditure for project purposes when authorized by the President of the Foundation. (Sec. 578) Bars the use of funds appropriated under this Act to provide equipment, technical support, consulting services, or any other assistance to the Palestinian Broadcasting Corporation. (Sec. 579) Bars the use of AID operating expense funds to finance the construction, purchase, or long-term lease of offices for use by AID, except as provided through regular notification procedures of the Committees on Appropriations. (Sec. 580) Earmarks a specified amount of ESF funds for political, economic, humanitarian, and associated support activities for Iraqi opposition groups. (Sec. 581) Directs AID to submit its annual budgets to the Committees on Appropriations. (Sec. 582) Declares the sense of Congress urging public release of information in Federal agencies about the murders of four American churchwomen in El Salvador on December 2, 1980. Urges the President to direct the Attorney General to review and report to Congress on the circumstances under which individuals involved in either the murders or their cover-up obtained residence in the United States. (Sec. 583) Prohibits the use of funds appropriated under this Act to implement the Kyoto Protocol to the United Nations Framework Convention on Climate Change. (Sec. 584) Limits the U.S. voluntary contributions to international organizations for the United Nations Population Fund (UNFPA). Makes such funds available only if: (1) UNFPA maintains funds available to it in a separate account; (2) it does not commingle such funds; and (3) it does not fund abortions. Prohibits the use of funds for UNFPA for a country program in China. Directs the Secretary of State to report to the appropriate congressional committees on the amount of funds that the UNFPA is budgeting for the year for a country program in China. Declares that, if the UNFPA plans to spend funds for a country program in China, an amount equal to that spent in China shall be deducted from funds made available to the UNFPA after March 1 for obligation for the remainder of the fiscal year in which the report is submitted.

Drug Abuse Prevention and Treatment Consolidation and Reorganization Act of 1999

United States · United States Congress · 21 July 1999

Drug Abuse Prevention and Treatment Consolidation and Reorganization Act of 1999 - Title I: Drug Abuse Prevention and Treatment Administration - Establishes as an independent agency in the Department of Health and Human Services (HHS) the Drug Abuse Prevention and Treatment Administration, to be headed by an Administrator appointed by the President by and with the advice and consent of the Senate. Title II: Programs and Functions of Administration - Subtitle A: Transfers from Substance Abuse and Mental Health Services Administration; Transfer from Other Agencies - Transfers to the Administration programs and functions: (1) relating to the Center for Substance Abuse Treatment, Public Health Service Act substance abuse block grants, or the Substance Abuse and Mental Health Services Administration (SAMHSA); (2) under the Safe and Drug-Free Schools and Communities Act of 1994; (3) under specified provisions of the Anti-Drug Abuse Act of 1988 administered by HHS' Administration for Children and Families (relating to drug abuse and youth gangs and or runaway and homeless youth); (4) under the Public and Assisted Housing Drug Elimination Act of 1990; and (5) under the Drug-Free Public Housing Act of 1988. Subtitle B: Additional Provisions Regarding Prevention and Treatment of Substance Abuse - Mandates a program to coordinate public and nonprofit private entity activities to provide for a nationwide network for substance abuse prevention. Authorizes grants to assist communities in coordinating substance abuse prevention services. (Sec. 212) Mandates coordination of Administration and Office of National Drug Control Policy activities. Subtitle C: Funding - Authorizes appropriations for the Administration. Title III: Advisory Council; Peer Review - Mandates an advisory council and peer review of grants and cooperative agreements. Title IV: Miscellaneous Authorities - Sets forth miscellaneous authorities of the Secretary of HHS and the Administrator, including regarding facilities (acquiring, constructing, improving, etc.) and the use of personnel, consultants, experts, and volunteers. Title V: Disposition of Remaining Programs and Functions of Substance Abuse and Mental Health Services Administration - Transfers to HHS' Health Resources and Services Administration all functions of SAMHSA not transferred under title II of this Act. Terminates SAMHSA. Title VI: General Provisions - Sets forth transitional and savings provisions and makes conforming amendments.

Pro-Family, Pro-Growth, Pro-Reform Tax Reduction Act of 1999

United States · United States Congress · 20 July 1999

Pro-Family, Pro-Growth, Pro-Reform Tax Reduction Act of 1999 - Amends the Internal Revenue Code to establish, extend, or modify income tax deductions, exclusions, and credits in a number of areas, including: (1) education; (2) employment; (3) energy; (4) environment; (5) estate tax; (6) health care; (7) housing; (8) research; and (9) retirement income. Establishes the National Commission on Tax Simplification and Reform. Reserves 77 percent of the combined on- and off-budget surpluses for the purposes of ensuring Social Security and Medicare solvency and longevity.

Nuclear Disarmament and Economic Conversion Act of 1999

United States · United States Congress · 16 July 1999

Nuclear Disarmament and Economic Conversion Act of 1999 - Requires the U.S. Government to: (1) disable and dismantle all its nuclear weapons and refrain from replacing them at any time with weapons of mass destruction; (2) undertake vigorous good faith efforts to eliminate war, armed conflict, and all military operations; (3) actively promote policies to induce all other countries to join in these commitments for world peace and security; and (4) redirect resources that are currently being used for nuclear weapons programs to constructive, ecologically beneficial peacetime activities and to address human and infrastructure needs such as housing, health care, education, agriculture, and environmental protection. Makes this Act effective when the President certifies to Congress that all foreign countries possessing nuclear weapons have established legal requirements comparable to those set forth in this Act.

An original resolution authorizing expenditures by the Committee on Banking, Housing, and Urban Affairs.

United States · United States Congress · 15 July 1999

Authorizes expenditures by the Senate Committee on Banking, Housing, and Urban Affairs for the 106th Congress.

1999 Omnibus Adoption Act

United States · United States Congress · 15 July 1999

1999 Omnibus Adoption Act - Title I: Expansion of Adoption Tax Credit - Amends the Internal Revenue Code to: (1) increase the dollar amount of qualified expenses for the adoption tax credit; (2) double the limit on the amount of a taxpayer's adjusted gross income that is used in computing the income limitation applicable to adoption tax credits; (3) make permanent the adoption tax credit for adoptions of children without special needs; and (4) provide for adjustment of such dollar and income limitations for inflation. Title II: Leave Equity for Adoptive Families - Establishes leave requirements for an employee needing leave because of the placement of a son or daughter with the employee for adoption or foster care, and provides for civil actions against an employer to enforce such requirements, subject to specified limitations. Title III: Adoption Counseling - Amends the Public Health Service Act to establish a national adoption counseling program for pregnant women and infertile married couples. Allows for the participation of religious organizations. Directs the Secretary to require that each program providing voluntary family planing services with a grant from the Secretary provide nondirective counseling and referrals regarding prenatal care and delivery, infant and foster care, and adoption. Title IV: Adoption Information for Members of the Armed Forces - Requires the Secretary of each military department and the Secretary of Transportation with respect to the Coast Guard when outside naval jurisdiction to ensure that members of the armed forces under their jurisdiction have information concerning adoption readily available to them. Title V: Federal Prisons - Amends the Federal criminal code to direct the Attorney General to take appropriate action to assure that information regarding the option of planning adoption for the child is made available to each female prisoner who is or may be pregnant. Title VI: Accreditation of Adoption Service Providers - Amends SSA title IV part E (Foster Care and Adoption Assistance) to: (1) require State plans to provide for State laws to prohibit adoption services by unaccredited persons, and require State accreditation of adoption service providers; and (2) require the State to establish standards for such accreditation. Title VII: Adoption and Foster Care Data Collection - Amends SSA title IV part E to provide for State adoption and foster care data collection and reporting systems for HHS. Title VIII: Refundable Credit for Medical Expenses of Pregnancies with Children Placed for Adoption - Amends the Internal Revenue Code to provide for a refundable tax credit of up to $5,000 per child for medical expenses of pregnancies with children placed for adoption. Title IX: Maternal Health Certificates Program - Directs the Secretary to establish a maternal health certificates program to cover maternity and housing services facility expenses incurred by eligible pregnant women. Authorizes appropriations. Title X: Rehabilitation Grants for Maternity Housing and Services Facilities - Directs the Secretary of Housing and Urban Development to implement a grant program to assist eligible nonprofit entities to rehabilitate buildings for use as housing and services facilities for eligible pregnant women. Allows for the participation of religious organizations. Authorizes appropriations. Title XI: Repeal of National Clearinghouse on Adoption Information - Amends the Omnibus Budget Reconciliation Act of 1986 to repeal the National Clearinghouse on Adoption Information. Title XII: National Commission on Adoption - Establishes the National Commission on Adoption to review all adoption programs and related activities. Authorizes appropriations.

Adoption Awareness Act of 1999

United States · United States Congress · 14 July 1999

Adoption Awareness Act of 1999 - Amends the Public Health Service Act to direct the Secretary of Health and Human Services to make grants to national adoption organizations for programs to train the staff of eligible health centers in providing adoption counseling to pregnant women and infertile married couples. Makes it a condition for receipt of such a grant that the national adoption organization involved agree to make reasonable efforts to ensure that the eligible health centers with respect to which training under the grant is provided include centers that: (1) receive grants relating to voluntary family planning projects; (2) receive grants relating to community health centers, migrant health centers, and centers regarding homeless individuals and residents of public housing; (3) receive grants for the provision of services in schools; and (4) do not perform or make referrals for abortions, or provide or make referrals for counseling that presents abortion as an option. Directs the Secretary to require programs providing voluntary family planning services with such a grant to provide nondirective counseling and referrals regarding prenatal care and delivery, infant care, foster care, and adoption. Makes religious organizations eligible for such grants without discrimination and mandates their independence from Federal, State, and local governments, providing certain safeguards to ensure such independence. Provides the beneficiaries of assistance from religious organizations with certain rights, including the right not to be discriminated against by the religious organization. Authorizes appropriations.

Natural Disaster Protection and Insurance Act of 1999

United States · United States Congress · 13 July 1999

Natural Disaster Protection and Insurance Act of 1999 - Amends the Earthquake Hazards Reduction Act of 1977 (the Act) to provide for an expanded Federal program of hazard mitigation, relief, and natural disaster insurance. (Sec. 6) Requires each State to either: (1) develop a statewide strategic mitigation plan (plan) to reduce hazards of future natural disasters; or (2) designate a plan in effect at the time as the applicable plan. Outlines required plan elements, including: (1) ensuring that structures in hazard-prone areas are built with hazard mitigation techniques; and (2) improving the capabilities of emergency response teams to natural disasters. Requires the Director of the Federal Emergency Management Agency to review and approve a plan if it contains the required elements. Requires such plans to be submitted to the Director within two years after enactment of this Act. Outlines procedures regarding plan implementation, plan updates, and noncompliance with plan requirements (including an opportunity to cure). Denies hazard mitigation funds for any State which is still non-compliant 180 days after receiving from the Director notification of noncompliance. Authorizes the Director to allocate funds to States from the Natural Disaster Protection Fund, according to a pro rata formula based on reinsurance coverage premiums. Requires States to use allocated funds to support specified natural disaster hazard mitigation activities. Requires the Director, at least once every three years, to evaluate each State's progress in implementing its plan, and to base future allotments on such evaluation. Directs the Comptroller General to: (1) conduct a study to identify all Federal programs that provide assistance for public facilities and lifelines; and (2) report to Congress on study results. Authorizes appropriations. (Sec. 7) Directs the Secretary of the Treasury to grant loans to a private, non-governmental, and nonprofit membership corporation to be known as the Natural Disaster Insurance Corporation. Requires the Corporation to provide reinsurance coverage for hurricanes, earthquakes, volcanic eruptions, tsunamis, windstorms, and wildfires. Requires Corporation members to own shares in the Corporation and to consist of private insurers and State insurance pools that purchase the reinsurance coverage provided by the Corporation. Outlines Corporation administrative procedures, including: (1) the naming of a Corporation administrator; (2) loans for start-up costs; and (3) the election of a Board of Directors. Requires the Corporation to develop a plan of operation describing Corporation administration and the provision of insurance coverages. Directs the Natural Disaster Insurance Board of Actuaries to review and approve such plan and any amendments thereto. Requires the Board of Directors to report annually to Corporation members and the Independent Board of Actuaries on Corporation operations. Directs the Corporation to carry out a program to make reinsurance coverage available through contracts for such coverage for purchase only: (1) by eligible State programs; and (2) through auctions. Requires each contract to provide insurance coverage against residential property losses to homes and the contents of apartment buildings and to cover all the natural disasters named above. Makes a program eligible to purchase an insurance or reinsurance contract under this section only if such program is a State-operated program that meets specified requirements, including: (1) the offering of residential property and apartment content coverage; and (2) mitigation provisions that require not less than ten percent of the net investment income of the State insurance or reinsurance program to be used to mitigate losses from natural disasters for which the State program was established. Outlines coverage requirements and contract terms and conditions. Directs the Corporation to carry out a program to auction on a regional basis contracts for reinsurance coverage to private insurers and reinsurers, State insurance and reinsurance programs, and other interested entities. Requires the Corporation, in such auction, to set a reserve price as the lowest price for that contract, to be determined based upon specified factors such as risk and administrative costs. Provides auction contract terms and conditions. Requires the Corporation, in making reinsurance coverage available, to provide a conditional minimum level of retained losses (similar to a deductible) and a maximum level of Federal liability for losses from a single covered event. Establishes the Independent Natural Disaster Board of Actuaries to review and approve the Corporation plan of operation and to advise the Corporation regarding the estimated loss costs associated with the contracts for reinsurance coverage and carrying out Corporation functions. Requires the Corporation, within 15 months after enactment of this Act, to submit to the Independent Board a draft plan of operation. Provides for plan approval (with an opportunity to cure if disapproved) and plan amendments. Requires the Independent Board to prepare and submit to the Secretary a report on its findings regarding such plan. Requires the Corporation Board of Directors to submit to the Independent Board for approval proposed prices and reserve prices for reinsurance contracts issued by the Corporation. Provides for Independent Board approval of such prices (with an opportunity to cure if not immediately approved). Directs the Corporation to establish and maintain a Reinsurance Coverage Trust Account to: (1) hold funds collected from insurance payments and investments; and (2) pay claims to entities that have purchased reinsurance coverage. Directs the Secretary to provide direct loans to such Account to the extent that accumulated assets are insufficient to pay reinsurance claims and expenses. Requires recoupment from the Corporation of such direct loans and interest. Prohibits any Federal funds from being authorized or appropriated to fund any Corporation activity. Directs the Comptroller General, every three years, to conduct audits of activities of the Corporation and the Independent Board. Requires audit results to be submitted to Congress. (Sec. 8) Establishes in the Treasury the Natural Disaster Protection Fund and establishes in such Fund a Private Loss Account and a Mitigation Account. Requires the Private Loss Account to be used to provide direct Federal loans to cover shortfalls in the Corporation's reinsurance account. Requires the Mitigation Account to support natural disaster hazard mitigation activities. Authorizes appropriations to the Mitigation Account for FY 2000 and annually thereafter for prenatural disaster mitigation activities conducted under the Robert T. Stafford Disaster Relief and Emergency Assistance Act.

Fairness in Trusts and Estates Planning Act

United States · United States Congress · 13 July 1999

Fairness in Trusts and Estates Planning Act - Amends the National Housing Act to authorize cooperative housing mortgage insurance for property held in trust, the beneficiary of which shall occupy the dwelling unit.

Financial Freedom Act of 1999

United States · United States Congress · 13 July 1999

Financial Freedom Act of 1999 - Title I: Broad-Based Tax Relief - Subtitle A: 10-Percent Reduction in Individual Income Tax Rates - Amends the Internal Revenue Code (IRC) to provide for the phase-in of a ten percent individual income tax rate. Subtitle B: Marriage Penalty Tax Relief - Phases-in a standard deduction on a joint (married) return equal to twice the deduction of a single (not married) return. (Sec. 112) Makes the modified adjusted gross income limitation applicable in determining the deduction for interest on educational loans on a joint return double the limit of a single return. (Sec. 113) Raises from $100,000 (currently applicable to any filing status) to $160,000 (in the case of a joint return) the adjusted gross income limit applicable to rollovers from regular IRAs to Roth IRAs. Subtitle C: Repeal of Alternative Minimum Tax on Individuals - Phases-in a repeal of the alternative minimum tax for individuals. Title II: Relief from Taxation on Savings and Investments - Excludes from gross income a limited amount of dividends and interest otherwise includible in gross income. (Sec. 202) Reduces the individual capital gains tax rate. (Sec. 203) Applies the capital gains tax rates to capital gains of designated settlement funds. (Sec. 204) Provides, with respect to exclusion of gain from the sale of a principal residence, for the suspension of the five-year ownership and use requirement during the time that a member (or spouse) of the uniformed services or Foreign Service is on qualified official extended duty (as defined by this Act). (Sec. 205) Treats certain dealer derivative financial instruments, hedging transactions, and supplies as ordinary assets. (Sec. 206) Revises provisions concerning the worthless securities of financial institutions. Title III: Incentives for Business Investment and Job Creation - Phases-in a corporate capital gains tax rate reduction. (Sec. 302) Phases- in a repeal of the alternative minimum tax on corporations. Repeals the 90 percent limitation on the utilization of the foreign tax credit. Title IV: Education Savings Incentives - Renames education individual retirement accounts education savings accounts. Increases to $2,000 the maximum annual contribution allowed to such accounts. Permits tax-free expenditures from such accounts for elementary and secondary education expenses required for attendance at a public, private, or religious school, or for homeschooling that meets State requirements. Waives certain age limitations in cases of children with special needs. Permits corporations to contribute to such accounts. (Sec. 402) Permits private educational institutions to maintain qualified tuition programs which are comparable to qualified State tuition programs. Excludes qualified distributions from such accounts from gross income. (Sec. 403) Excludes from gross income certain amounts received under the National Health Corps Scholarship Program, the Armed Forces Health Professions Scholarship and Financial Assistance Program, the National Institutes of Health Undergraduate Scholarship Program, or any similar State program. (Sec. 404) Increases the amount by which certain governmental bonds used to finance public school capital expenditures may be exempted from specified arbitrage bond provisions. (Sec. 405) Modifies arbitrage rebate rules applicable to public school construction bonds. (Sec. 406) Repeals the 60-month limitation period on the allowance of the interest deduction on loans for higher education expenses. Title V: Health Care Provisions - Phases-in a 100 percent deduction (for both itemizers and nonitemizers) for the health and long- term care insurance costs of individuals not participating in employer-subsidized health plans. (Sec. 502) Permits offering long-term care insurance under cafeteria plans and flexible spending arrangements. (Sec. 503) Revises medical savings accounts provisions to: (1) repeal the limitation on the number of accounts; (2) make all employers (currently limited to small employers) eligible to offer accounts; (3) increase contribution deduction amounts; (4) permit employer and employee contributions; (5) reduce high deductible health plan deductibles; and (6) permit accounts to be offered under cafeteria plans. (Sec. 504) Permits a taxpayer an additional exemption for certain elderly family members who need long-term care and who reside with the taxpayer. (Sec. 505) Expands the time frame for human clinical trials qualifying for the orphan drug credit. (Sec. 506) Adds to the list of taxable vaccines any conjugate vaccine of streptococcus pneumoniae. Title VI: Estate Tax Relief - Subtitle A: Estate, Gift, and Generation-Skipping Taxes; Repeal of Step Up in Basis At Death - Repeals the estate tax, gift tax, and the tax on generation-skipping transfers, effective January 1, 2009. (Sec. 602) Terminates, effective January 1, 2009, the current provisions providing for determining the basis of property the acquired from a decedent and sets forth new provisions for determining the basis of certain property acquired from a decedent dying after December 31, 2008. Subtitle B: Reductions of Estate and Gift Tax Rates Prior to Repeal - Sets forth additional estate and gift tax reductions applicable to the period prior to repeal. Subtitle C: Unified Credit Replaced Unified Exemption Amount - Replaces the unified credit with a unified exemption amount. Subtitle D: Modifications of Generation-Skipping Tax - Amends provisions concerning the special rules for allocation of the generation-skipping tax (GST) exemption to provide, as a general rule, that: (1) if any individual makes an indirect skip during such individual's lifetime, any unused portion of such individual's GST exemption shall be allocated to the property transferred to the extent necessary to make the inclusion ratio for such property zero; and (2) if the amount of the indirect skip exceeds such unused portion, the entire unused portion shall be allocated to the property transferred. Title VII: Tax Relief for Distressed Communities and Industries - Subtitle A: American Community Renewal Act of 1999 - Authorizes the Secretary of Housing and Urban Development to designate (upon local or State nomination) up to 20 renewal communities, of which at least four shall be in rural areas. Requires for nomination purposes that: (1) the area be experiencing high rates of poverty and unemployment and general distress; and (2) State and local governments enter into written contracts with community organizations to promote specified economic growth and employment activities. Excludes from gross income capital gains on the sale or exchange of a qualified community asset (stock, business property, or partnership interest) held for more than five years. Allows a specified deduction for amounts paid into a family development account on behalf of a renewal community resident. Excludes from gross income account distributions used for qualified family development expenses (postsecondary education, first-home purchase, business capitalization, medical, and rollovers). Provides a penalty (with exceptions) in addition to inclusion as gross income for nonqualifying distributions. Provides for designation of up to five qualifying renewal communities as matching demonstration areas eligible to receive family development account matching contributions. Authorizes: (1) designation of earned income tax credit payments for family development account deposit; (2) a commercial building revitalization tax deduction; (3) increased first year expensing for renewal community businesses; (4) extension of environmental remediation cost expensing and the work opportunity credit for renewal communities; and (5) similar tax treatment of renewal communities and enterprise zones for specified youth residence requirements. Permits a deduction for contributions to a family development account whether or not a taxpayer itemizes. (Sec. 705) Makes conforming amendments to provisions respecting: (1) tax on excess contributions and prohibited transactions; (2) trust and annuity information; (3) tax exemption applications; and (4) the commercial revitalization credit. (Sec. 706) Sets forth reporting requirements. Subtitle B: Farming Incentive - Disregards any option to accelerate the receipt of any payment under a production flexibility contract which is payable under the Federal Agriculture Improvement and Reform Act of 1996, as in effect on the date of the enactment of this Act, in determining the taxable year for which such payment is properly includible in gross income for purposes of the IRC. Subtitle C: Oil and Gas Incentive - Permits a five-year net operating loss carryback for losses attributable to operating mineral interests of independent oil and gas producers. Subtitle D: Timber Incentive - Increases the maximum permitted amortization of reforestation expenditures. Subtitle E: Steel Industry Incentive - Increases, for steel companies, the credit allowed against the regular tax for prior year minimum tax liability. Title VIII: Relief for Small Businesses - Provides for the deduction of 100 Percent of the health insurance costs of self-employed individuals. (Sec. 802) Increases to $30,000 the amount which may be expensed as section 179 property. (Sec. 803) Makes the 6.2 percent Federal Unemployment Tax Act rate effective through calendar year 2004 (currently, 2007) and the 6.0 percent rate effective through calendar year 2005 (currently, 2008). (Sec. 804) Phases-in an 80 percent meal expenses deduction. Title IX: International Tax Relief - Permits, for interest allocation rule purposes, treating each electing worldwide affiliated group an affiliated group. (Sec. 902) Revises provisions concerning the of application of look-thru rules to dividends from noncontrolled section 902 corporations to provide, in general, that any dividend from a noncontrolled section 902 corporation with respect to the taxpayer shall be treated as income in a separate category in proportion to the ratio of: (1) the portion of earnings and profits attributable to income in such category; to (2) the total amount of earnings and profits. (Sec. 903) Excludes from the definition of "foreign base company oil related income" the pipeline transportation of oil or gas within such foreign country. (Sec. 904) Excludes from the definition of "foreign base company services income" income derived in connection with the performance of services which are related to the transmission of high voltage electricity. (Sec. 905) Defines overall domestic loss and sets forth provisions for determining taxable income for any taxpayer sustaining such a loss. (Sec. 906) Repeals the special rule for military property with respect to exempt foreign trade income. (Sec. 907) Exempts from taxation certain regulated investment company dividends received by nonresident aliens. Treats certain regulated investment company stock owned by nonresident noncitizens as non-U.S. property for estate tax purposes. (Sec. 908) Repeals section 907 (Special Rules In Case of Foreign Oil and Gas Income) of the IRC. (Sec. 909) Requires a study and a report on the feasibility of treating all countries in the European Union as one country under subpart F (Controlled Foreign Corporations) of part III (Income From Sources Without the United States) of subchapter N (Tax Based on Income From Sources Within or Without the United States) of chapter 1 (Normal Taxes and Surtaxes) of the IRC. (Sec. 910) Permits the President to determine that the continued denial of the foreign tax credit with respect to a foreign country is no longer in the national interests of the United States. (Sec. 911) Treats advance pricing agreements as confidential taxpayer information. (Sec. 912) Phases in an increase in the dollar limitation on the section 911 (Citizens or Residents of the United States Living Abroad) exclusion. Title X: Provisions Relating to Tax-Exempt Organizations - Exempts an organization from income tax if it is created by a State to provide property and casualty insurance coverage for property for which such coverage is otherwise unavailable. (Sec. 1002) Amends the Tax Reform Act of 1984 to revise the special arbitrage rule. (Sec. 1003) Amends the IRC to disallow a deduction for the transfer of a charitable contribution to or for the use of a State or charitable tax-exempt organization or trust if in connection with such transfer: (1) the organization directly or indirectly pays, or has previously paid, any premium on any personal benefit contract (life insurance, annuity, or endowment contract, also known as charitable split-dollar life insurance) with respect to the transferor; or (2) there is an understanding (side agreement) that any person will directly or indirectly pay any premium on such contract with respect to such transferor. Imposes on such organization an excise tax equal to the premiums paid by it on the personal benefit contract. Provides that certain persons shall not be treated as indirect beneficiaries: (1) in certain cases in which a charitable organization purchases an annuity contract to fund an obligation to pay a charitable gift annuity; or (2) solely by reason of being a noncharitable recipient of an annuity or unitrust amount paid by a charitable remainder trust that holds a life insurance, annuity or endowment contract. (Sec. 1004) Requires the Secretary of the Treasury to establish a procedure for exemption from the self- dealing tax. (Sec. 1005) Revises provisions concerning: (1) declaratory judgments relating to tax-exempt organizations; and (2) the special rules for certain amounts of unrelated business taxable income received from controlled entities. Title XI: Real Estate Provisions - Subtitle A: Provisions Relating to Real Estate Investment Trusts - Part I: Treatment of Income and Services Provided by Taxable REIT Subsidiaries - Excludes taxable REIT subsidiaries (TRSs) from the five and ten percent asset tests. (Sec. 1102) Allows TRSs to provide non-customary tenant services. (Sec. 1103) Allows a REIT to establish a TRS (as defined). (Sec. 1104) Includes in the definition of "disqualified interest" (Sec. 163 of the IRC) any interest paid or accrued by a TRS to the REIT. (Sec. 1105) Imposes a 100 percent tax on any interest payments by a TRS to the REIT in excess of the commercially reasonable interest rate. Part 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. Part III: Conformity With Regulated Investment Company Rules - Changes the distribution requirement from 95 percent to 90 percent. Part IV: Clarification of Exception From Impermissible Tenant Service Income - 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. Part 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. Part VI: Study Relating to Taxable REIT Subsidiaries - Directs the: (1) Commissioner of Internal Revenue shall conduct a study to determine how many taxable REIT subsidiaries are in existence and the aggregate amount of taxes paid by such subsidiaries; and (2) the Secretary of the Treasury to submit a report to Congress describing the results of such study. Subtitle B: Modification of At-Risk Rules for Publicly Traded Securities - Revises, with respect to real property, provisions concerning the treatment under the at-risk rules of publicly traded nonrecourse debt. Subtitle C: Treatment of Construction Allowances and Certain Contributions To Capital of Retailers - Amends provisions which exclude from the gross income of a lessee any amount received in cash by a lessee from a lessor under a short-term lease of retail space used for the purpose of such lessee's constructing or improving long-term real property for use in the lessee's business to makes such exclusion inapplicable under a short-term lease if the lessee is a qualified retail business. (Sec. 1172) Defines the term "contribution to the capital of the taxpayer" to include any amount of money or other property received by the taxpayer if: (1) the taxpayer has entered into an agreement to operate a qualified retail business at a particular location for at least 15 years; (2) immediately after the receipt of such money or other property, the taxpayer owns the land and the structure to be used by the taxpayer in carrying on a qualified retail business at such location, or the taxpayer uses such amount to acquire ownership of at least such land and structure; (3) such amount meets the requirements of the expenditure rule; and (4) the contributor of such amount does not hold a beneficial interest in any property located on the premises of such qualified retail business other than de minimis amounts of property associated with the operation of property adjacent to such premises. Defines the terms "expenditure rule" and "qualified retail business." Title XII: Provisions Relating to Pensions - Subtitle A: Expanding Coverage - Increases the $90,000 limit on defined benefit plans to $160,000. Changes the age from which such limit will be reduced from the social security retirement age to 62 and the age from which the limit will be increased from the social security retirement age to 65. Increases the $30,000 limit for defined benefit contribution plans to $40,000. Increases the $150,000 compensation limit to $200,000. Increases the elective deferral limit to $15,000. (Sec. 1202) Eliminates certain current rules concerning plan loans made to an owner-employee. (Sec. 1203) Revises the definition of a top-heavy plan and a key employee for purposes of the special rules for top-heavy plans. Takes into account: (1) matching contributions for minimum contribution requirements; and (2) distributions during the last year before the determination date. (Sec. 1204) Provides that elective deferral contributions are not subject to deduction limits. (Sec. 1205) Amends the Employee Retirement Income Security Act of 1974 to provide that, during the first five years of a new single-employer plan of a small employer (100 or fewer employees), the flat rate Pension Benefit Guaranty Corporation (PGBC) premium will be five dollars per plan participant. Provides for a reduced additional PGBC variable premium for new and small employers. (Sec. 1207) Repeals specified coordination requirements under the Code for deferred compensation plans of State and local governments and tax-exempt organizations. (Sec. 1208) Eliminates user fee requirements for requests to the IRS concerning the status of pension plans. (Sec. 1209) Revises the definition of compensation, for purposes of the deduction rules, to include salary reduction amounts treated as a participant's compensation. (Sec. 1210) Provides for optional treatment of elective deferrals as plus contributions. Defines such contributions. (Sec. 1211) Phases-in an increase in the minimum annual benefit permitted under a defined benefit contribution plan. Subtitle B: Enhancing Fairness for Women - Allows additional salary reduction catch-up contributions for those approaching retirement under IRC requirements relating to: (1) elective deferrals; (2) simple retirement accounts; and (3) deferred compensation plans of State and local governments and tax-exempt organizations. (Sec. 1222) Sets forth requirements relating to equitable treatment for contributions of employees to defined contribution plans. Requires that certain contributions by church plans are not to be treated as exceeding a specified limit. (Sec. 1223) Provides for faster vesting of certain employer matching contributions. (Sec. 1224) Revises minimum distribution rules under the IRC. Directs the Secretary of the Treasury 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. (Sec. 1225) Revises requirements relating to tax treatment of division of section 457 plan benefits upon divorce. Subtitle C: Increasing Portability for Participants - Permits rollovers from and to various types of plans under the IRC. (Sec. 1232) Permits individual retirement plan (IRA) rollovers only if certain conditions are met. (Sec. 1233) Permits rollover of after-tax contributions in an exempt trust under specified conditions. (Sec. 1234) Sets forth a hardship exception to the 60-day rule. (Sec. 1235) Sets forth requirements for treatment of forms of distribution available under transferor and transferee plans, under the IRC. (Sec. 1236) Revises restrictions on distributions, including the same desk exception. (Sec. 1237) Authorizes trustee-to-trustee transfers to purchase permissive service credit with respect to governmental defined benefit plans. (Sec. 1238) Allows employers to disregard rollovers for purposes of cash-out amounts, under retirement plan provisions of the Code and ERISA. (Sec. 1239) Revises minimum distribution and inclusion requirements for section 457 plans. Subtitle D: Strengthening Pension Security and Enforcement - Amends the IRC to revise the percentage of current liability funding limit. (Sec. 1242) Revises maximum contribution deduction rules and applies them to all defined benefit plans under the IRC. (Sec. 1243) Amends ERISA to revise requirements relating to missing participants. Directs the PBGC to prescribe rules relating to missing participants for multiemployer plans covered by the PBGC that terminate. Allows the administrator of a plan not otherwise subject to such PBGC regulation to elect to transfer a missing participant's benefits to the PBGC upon termination of the plan, under specified conditions. (Sec. 1244) Amends the IRC to allow 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. 1245) Imposes an excise tax on a plan failing to provide required notice of a significant reduction in the rate of future benefit accrual. Subtitle E: Reducing Regulatory Burdens -Repeals a multiple use test. Directs the Secretary prescribe regulations permitting appropriate aggregation of plans and contributions. (Sec. 1252) Amends the Code and ERISA to revise requirements relating to timing of plan valuations. (Sec. 1253) Directs the Secretary of the Treasury to modify regulations in order to expand the ability of a pension plan to demonstrate compliance with the nondiscrimination and line of business requirements. (Sec. 1254) Amends ERISA rules for substantial owners relating to plan terminations to revise: (1) the phase-in of the guarantee; and (2) the allocation of assets. (Sec. 1255) Amends IRC requirements for applicable dividends to allow dividends of employee stock ownership plans to be reinvested without loss of dividend deduction. (Sec. 1256) Revises the notice and consent period regarding distributions. Directs the Secretary to modify certain regulations to provide that the description of a participant's right, if any, to defer receipt of a distribution shall also describe the consequences of failing to defer such receipt. (Sec. 1257) Repeals a transition rule relating to certain highly compensated employees under the Tax Reform Act of 1986. (Sec. 1258) Directs the Secretary to modify certain regulations with respect to certain plan participation by employees of tax-exempt entities under the IRC. (Sec. 1259) Excludes qualified retirement planning services from gross income (as a fringe benefit). (Sec. 1260) Prescribes requirements for plan amendments or annuity contract amendments under the IRC. (Sec. 1261) Directs the Secretary of the Treasury to issue model defined contribution and benefit plans that fit the needs of small businesses. (Sec. 1262) Directs the Secretary to provide for the filing of a simplified annual return in the case of a retirement plan covering less than 25 employees. (Sec. 1263) Directs the Secretary to continue to update and improve the Employee Plans Compliance Resolution System. Title XIII: Miscellaneous Provisions - Subtitle A: Provisions Primarily Affecting Individuals - Provides that the exclusion of State or local government foster care payments from the gross income of foster care providers shall also apply to payments by qualifying placement agencies. (Sec. 1302) Excludes from an individual's gross income amounts received as reimbursement regarding the use of a passenger automobile for the benefit of a charitable organization. Relieves the organization of certain reporting requirements regarding the reimbursements. (Sec. 1303) Requires a W-2 to include employer Social Security taxes paid. Subtitle B: Provisions Primarily Affecting Businesses - Includes income from publicly traded partnerships as qualifying income of regulated investment companies. Excludes distributions from the source-based inclusion limitation applicable to other partnerships. (Sec. 1312) Applies specified passive activity provisions for publicly traded partnerships to regulated investment companies. (Sec. 1313) Makes certain large electric trucks, vans and buses eligible for the $50,000 deduction clean-fuel property deduction, but not the $4,000 electric vehicle credit. (Sec. 1314) Modifies the special rules concerning nuclear decommissioning costs. (Sec. 1315) Repeals certain provisions concerning the filing of consolidated returns by insurance companies. Subtitle C: Provisions Relating to Excise Taxes - Combines the Hazardous Substance Superfund and the Leaking Underground Storage Tank Trust Fund (LUST) into the Environmental Remediation Trust Fund (established by this Act). (Sec. 1322) Repeals the: (1) LUST taxes on fuel used in trains; and (2) 4.3-cents- per-gallon General Fund excise tax on diesel fuel used by railroads and on fuels used by barges operating on designated inland waterways. (Sec. 1323) Repeals the excise tax on fishing tackle boxes. Subtitle D: Other Provisions - Amends IRC provisions concerning State private activity bond volume limits to repeal the adjustment for years after 1987. (Sec. 1332) Permits, in general, an electing Alaska Native Settlement Trust to exclude contributions, during the year of contribution, from the gross income of a beneficiary. Subtitle E: Tax Court Provisions - Authorizes the Tax Court to charge a filing fee of up to $60 in all cases commenced by petition. (Sec. 1342) Authorizes the Tax Court to make the $30 practice fee available to pro se taxpayers. (Sec. 1343) Permits the Tax Court to apply the doctrine of equitable recoupment to the same extent that it is available in civil tax cases. Title XIV: Extensions of Expiring Provisions - Extends, for five years, the: (1) research credit; (2) subpart F (Controlled Foreign Corporations) exemption for active income financing; (3) taxable income limit on percentage depletion for marginal oil and gas wells; and (4) work opportunity credit and the welfare-to-work credit. Title XV: Revenue Offsets - Amends provisions involving returns relating to the cancellation of indebtedness by certain entities to include within the definition of "applicable financial entity" any organization a significant trade or business of which is the lending of money. (Sec. 1502) Directs the Secretary to establish a program requiring the payment of user fees for requests to the IRS for ruling letters, opinion letters, determination letters, and other similar requests. Terminates fees October 1, 2007. (Sec. 1503) Modifies rules relating to the exemption of certain ten or more employer plans from welfare benefit fund provisions. (Sec. 1504) Increases the withholding rate for nonperiodic distributions from 10 to 15 percent. (Sec. 1505) Makes a controlled entity ineligible to be a REIT. Defines "controlled entity." (Sec. 1506) Treats a gain as an ordinary gain to the extent such gain exceeds the net underlying long-term capital gain where the taxpayer has gain from a constructive ownership transaction with respect to any financial position and such gain otherwise would be treated as a long-term capital gain. Provides that, to the extent such gain is treated as a long-term capital gain after the application of the previous sentence, the determination of the applicable capital gain rate (or rates) shall be determined on the basis of the respective rate (or rates) that would have been applicable to the net underlying long-term capital gain. Sets forth definitions and exceptions. (Sec. 1507) Prohibits transfers of excess pension assets to retiree health account made after September 30, 2009 (currently, after December 31, 2000), from being treated as qualified transfers. (Sec. 1508) Prohibits, in general, the use of the installment method of accounting for accrual method dispositions. Title XVI: Technical Corrections - Sets forth amendments concerning, among other things: (1) the Tax and Trade Relief Extension Act of 1998; (2) the Internal Revenue Service Restructuring and Reform Act of 1998; (3) the Taxpayer Relief Act of 1997; (4) the treatment of worthless securities of affiliated corporations; (5) the IRA contribution amount of the lesser earning spouse; (6) modified endowment contracts; (7) lump-sum distributions; and (8) tentative carryback adjustments of losses from section 1256 contracts.

Providing for consideration of the bill (H.R. 2465) making appropriations for military construction, family housing, and base realignment and closure for the Department of Defense for the fiscal year ending September 30, 2000, and for other purposes.

United States · United States Congress · 12 July 1999

Sets forth the rule (open) for the consideration of H.R. 2465 (Department of Defense appropriations).

Military Construction Appropriations Act, 2000

United States · United States Congress · 2 July 1999

Military Construction Appropriations Act, 2000 - Appropriates funds for FY 2000 for military construction, family housing, and base realignment and closure functions administered by the Department of Defense (DOD), namely: (1) military construction for the Army, Navy, and Air Force; (2) military construction, DOD (including a transfer of funds); (3) military construction for the Army and Air National Guards; (4) military construction for the Army, Navy, and Air Force Reserves; (5) the North Atlantic Treaty Organization (NATO) Security Investment Program; (6) family housing for the Army, Navy and Marine Corps, and Air Force; (7) family housing, DOD; (8) the Department of Defense Family Housing Improvement Fund; and (9) the Base Realignment and Closure Account, Part IV. (Sec. 101) Specifies restrictions and authorizations regarding the use of funds appropriated in this Act and in other military construction appropriations Acts. (Sec. 113) Directs the Secretary of Defense to notify the appropriate congressional committees 30 days in advance of the plans and scope of any military exercise involving U.S. personnel if construction costs are anticipated to exceed $100,000. (Sec. 118) Provides for the transfer of lapsed unobligated military construction and family housing funds into the Foreign Currency Fluctuations, Defense account. (Sec. 119) Directs the Secretary to report to the congressional appropriations committees on actions proposed by DOD to encourage other member nations of NATO, Japan, Korea, and U.S. allies in the Arabian Gulf to assume a greater share of the common defense burden of such nations and the United States. (Sec. 121) Prohibits an entity from expending funds appropriated by this Act unless such entity agrees to comply with the Buy American Act. (Sec. 122) Expresses the sense of Congress that entities receiving assistance under this Act should expend such assistance only on American-made equipment and products. (Sec. 125) Authorizes the transfer of DOD funds for expenses associated with the Homeowners Assistance Program under the Demonstration Cities and Metropolitan Development Act of 1966. (Sec. 127) Earmarks funds provided in the 1999 Emergency Supplemental Appropriations Act for the North Atlantic Treaty Organization Security Investment Program. (Sec. 128) Reduces by specified amounts various military construction accounts. (Sec. 129) Directs the four service branches to submit to the appropriate congressional committees by June 1, 2000, a Family Housing Master Plan to address year 2010 housing goals with traditional construction, operation and maintenance support, and privatization initiative proposals.

Promoting Housing Affordability for Working Families Act of 1999

United States · United States Congress · 1 July 1999

TABLE OF CONTENTS: Title I: Removing Barriers to Housing Affordability Title II: Removing Barriers to Use of FHA Single Family Housing Mortgage Insurance Program Title III: Home Investment Partnerships Program Title IV: Community Development Block Grants Promoting Housing Affordability for Working Families Act of 1999 - Title I: Removing Barriers to Housing Affordability - Requires proposed and final agency rules to include analyses of their impact upon affordable housing availability. Requires the Secretary of Housing and Urban Development to develop model housing impact analyses. (Sec. 102) Amends the Housing and Community Development Act of 1992 to authorize direct appropriations for State and local grants for regulatory barrier removal. (Consolidates State and local grant provisions.) Authorizes a State or local government to use grants to establish a Barriers to Housing Affordability Council. (Sec. 103) Amends the Housing and Community Development Act of 1974 to make affordable housing barrier removal eligible for community development block grant assistance. (Sec. 104) States that the regulatory barriers clearinghouse shall be established within the Office of Policy Development of the Department of Housing and Urban Development under the direction of the Assistant Secretary for Policy Development and Research. Title II: Removing Barriers to Use of FHA Single Family Housing Mortgage Insurance Program - Amends the National Housing Act to: (1) authorize the Secretary to enlarge areas and median prices for purposes of single family housing mortgage insurance eligibility; and (2) extend the manufactured home lot loan term. Title III: Home Investment Partnerships Program - Amends the Cranston-Gonzalez National Affordable Housing Act to make uniformed employees or teachers who are employees of a participating jurisdiction eligible for the home investment partnerships program. Title IV: Community Development Block Grants - Amends the Housing and Community Development Act of 1974 to make uniformed employees and teachers who are employees of a participating metropolitan city or urban county eligible for community development block grant home ownership assistance.

Home Ownership Tax Credit Act of 1999

United States · United States Congress · 1 July 1999

Home Ownership Tax Credit Act of 1999 - Amends the Internal Revenue Code to establish a home ownership tax credit which shall be allocated, through State housing finance agencies, to qualified lenders making qualified home ownership loans to certain low-income households. Sets forth the allocation formula, related rules and definitions.

Save My Home Act of 1999

United States · United States Congress · 1 July 1999

Save My Home Act of 1999 - Authorizes the Secretary of Housing and Urban Development to renew project-based rental housing contracts under section 8 of the United States Housing Act of 1937 at up to market levels. Directs the Secretary to: (1) offer to renew expired section 8 contracts at up to market levels in low-vacancy areas or areas with concentrations of elderly or disabled families; and (2) establish certain market rents. Authorizes ten-year section 8 contract renewals. (Sec. 5) Directs the Secretary to make enhanced voucher assistance (as defined by this Act) available for residents of projects with certain expiring section 8 contracts in low-vacancy areas, and authorizes such assistance for other covered low-income residents. Authorizes appropriations. (Sec. 6) Sets forth market value rent appraisal requirements. Directs the Secretary to establish an Appraisal Clearinghouse to collect data and develop model appraisal standards. (Sec. 7) Establishes appraisal-related staffing requirements. (Sec. 8) Authorizes the Secretary to contract with State or local housing finance agencies to perform market rental rate determinations. (Sec. 10) Authorizes the Secretary to transfer specified nonrenewed section 8 projects to nonprofit organizations (with preference for tenant organizations).

A bill to amend the Applachian Regional Development Act of 1965 to add Hickman, Lawrence, Lewis, Perry, and Wayne Counties, Tennessee, to the Appalachian region.

United States · United States Congress · 1 July 1999

Amends the Appalachian Regional Development Act of 1985 to add Hickman, Lawrence, Lewis, Perry, and Wayne Counties, Tennessee, to the Appalachian region.

Affordable Housing Preservation Act of 1999

United States · United States Congress · 1 July 1999

Affordable Housing Preservation Act of 1999 - Directs the Secretary of Housing and Urban Development to make matching grants to States to supplement State and local assistance for the preservation and promotion of low-income housing. Sets forth eligibility requirements for: (1) projects with Department of Housing and Urban Development-insured mortgages; (2) projects with section 8 project based assistance; (3) projects purchased by residents; and (4) rural rental assistance projects. Authorizes appropriations.

Guam Omnibus Opportunities Act

United States · United States Congress · 1 July 1999

Guam Omnibus Opportunities Act - Guam Land Return Act - Directs the Administrator of General Services, with specified exceptions, to notify the Government of Guam of any excess U.S. real property (including property within the Guam National Wildlife Refuge) in Guam and to transfer such property to the Government of Guam, provided it notifies the Administrator of its intention to acquire it (thus granting the Government of Guam the right-of-first refusal to such property). Guam Foreign Direct Investment Equity Act - Amends the Organic Act of Guam to declare that the Government of Guam's tax treatment of income made in Guam shall be at the same rate that would apply if Guam were a part of the United States for purposes of treaty obligations of the United States. Declares that betel nuts (also known as "areca nuts") shall not be considered to be adulterated for purposes of importation into the United States if such article is possessed by an individual for personal consumption. Amends the Housing Community Development Act of 1980 to revise the conditions for making assisted housing assistance available to a resident alien to declare that such alien may be a lawful resident in the United States and its territories and possessions (under the Compacts of Free Association between the Government of the United States and the Governments of the Marshall Islands, the Federated States of Micronesia, and Palau). Provides that any such alien within Guam and the Commonwealth of the Northern Mariana Islands shall not be entitled to a preference in receiving such assistance over any U.S. citizen or national resident therein. Amends the Compact of Free Association Act of 1985 to revise certain reporting requirements with respect to the impact of the Compact on U.S. areas to authorize the Governor of any of the U.S. territories or commonwealths or the State of Hawaii to report annually to the Secretary of the Interior (currently, the President must report to Congress) with respect to the financial and social impacts of the compacts of free association on the Governor's respective jurisdiction. Makes Guam eligible for Department of Justice block grants for State and local law enforcement assistance, including for violent crime reduction programs.

Wartime Violation of Italian American Civil Liberties Act

United States · United States Congress · 1 July 1999

Wartime Violation of Italian American Civil Liberties Act - Directs the Inspector General of the Department of Justice to conduct a comprehensive review of the treatment by the Federal Government of Italian Americans during World War II (between September 1, 1939, and December 31, 1945) and to report to Congress on the findings of such review. Requires the findings to include information regarding: (1) Italian Americans who were taken into custody, interned, ordered to move out of designated areas, or arrested for curfew, contraband, or other violations; (2) Federal Bureau of Investigations raids on Italian Americans homes; (3) restrictions on Italian American fishermen and railroad workers; and (4) civil liberties infringements suffered by Italian Americans during World War II as a result of Executive Order 9066. Expresses the sense of Congress that: (1) the story of the treatment of Italian Americans during World War II needs to be told; (2) Federal agencies, including the Department of Education and the National Endowment for the Humanities, should support projects such as conferences, seminars, and lectures to heighten awareness of this unfortunate chapter in our nation's history, the refurbishment and payment of all expenses associated with the traveling exhibit "Una Storia Segreta," and documentaries allowing this issue to be presented to the American public; (3) an advisory committee should be established to assist in the compilation, research, and dissemination of information on the treatment of Italian Americans; and (4) financial support should be provided for educating the American public through the production of a documentary film suited for public broadcast. Requires the President, on behalf of the Government, to formally acknowledge that these events during World War II represented a fundamental injustice against Italian Americans.

Justice in Fair Housing Enforcement Act of 1999

United States · United States Congress · 1 July 1999

Justice in Fair Housing Enforcement Act of 1999 - Amends the Fair Housing Act to exempt from handicapped accessibility requirements certain multifamily dwellings constructed in compliance with a local or State building code.

Disaster Burden Relief Act of 1999

United States · United States Congress · 30 June 1999

Disaster Burden Relief Act of 1999 - Amends the Internal Revenue Code to set forth special rules for homes which were destroyed as a result of a disaster in a Presidentially declared disaster area, including permitting a tax credit for certain mortgage payments.

Affordable Housing Improvement Act of 1999

United States · United States Congress · 30 June 1999

Affordable Housing Improvement Act of 1999 - Amends the Internal Revenue Code, with respect to the low-income housing credit, to modify: (1) the criteria for allocating housing credits among projects; (2) the responsibilities of housing credit agencies; and (3) rules concerning the basis of a credit-eligible building.

Revitalizing Cities Through Parks Enhancement Act

United States · United States Congress · 22 June 1999

Revitalizing Cities Through Parks Enhancement Act - Directs the Secretary of Housing and Urban Development to make grants to qualified community organizations to develop as open space municipally owned vacant lots in urban areas. Authorizes appropriations.