Taxation

21st Century Green High-Performing Public School Facilities Act

United States · United States Congress · 12 July 2007

21st Century High-Performing Public School Facilities Act - Requires the Secretary of Education to make grants in each fiscal year to local educational agencies (LEAs) in each state for the construction, modernization, or repair of kindergarten, elementary, or secondary schools to make them safe, healthy, high-performing, and technologically up-to-date. Gives priority to LEAs serving a high number or percentage of disadvantaged children and those whose public schools are in relatively poor condition. Requires LEAs to contribute funds toward the costs of the program, but uses a sliding scale that factors in the relative poverty of an LEA's service area. Requires the Secretary to make low-interest loans to LEAs in each fiscal year for the same purposes and with the same priorities given in the distribution of the grants. Establishes the School Construction, Modernization, and Repair Revolving Fund consisting of amounts derived from the low-interest loans and appropriations made to the Fund by this Act. Amends part D of title II of the Elementary and Secondary Education Act of 1965 to authorize and make appropriations for educational technology.

Fair Mortgage Practices Act of 2007

United States · United States Congress · 12 July 2007

Fair Mortgage Practices Act of 2007 - Prohibits any person, with certain exceptions, from engaging in the business of loan origination without first obtaining and maintaining a registration or a state license as a loan originator. Imposes on the federal banking agencies the sole responsibility for developing a system of registration for loan originators. Directs the Secretary of Housing and Urban Development (HUD) to establish a system for: (1) licensed loan originators; and (2) state-licensed mortgage originators. Amends the Truth in Lending Act to set forth: (1) disclosure requirements for consumer credit plans secured by the consumer's principal dwelling; and (2) consumer counseling requirements governing nontraditional mortgages. Expanding Housing Opportunities Through Education and Counseling Act - Amends the Department of Housing and Urban Development Act to: (1) establish the Office of Housing Counseling; and (2) direct the HUD Secretary to establish and monitor counseling procedures for home ownership counseling and rental housing counseling provided in connection with any HUD program. Amends the Housing and Urban Development Act of 1968 to instruct HUD to makes grants to states, local governmental entities, and nonprofit organizations providing home ownership or rental counseling that is HUD-certified. Directs the HUD Secretary to study and report to Congress on the root causes of default and foreclosure on home loans. Amends the Real Estate Settlement Procedures Act of 1974 to revise requirements for HUD consumer education booklets on the nature and costs of real estate settlement services. Amends the Truth in Lending Act to: (1) require a creditor to establish, in connection with a subprime mortgage transaction, an escrow or impound account for payment of taxes and hazard insurance; (2) require a disclosure notice for consumers who opt out of escrow services; and (3) limit prepayment penalties for certain introductory adjustable rate mortgages (ARMs). Authorizes appropriations to the Attorney General for mortgage fraud prevention, investigation, and prosecution efforts. Sets forth property appraisal requirements governing the sale of subprime mortgages. Amends the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to revise requirements for the Appraisal Subcommittee of the Federal Financial Institutions Examination Council, and prescribe requirements regarding appraiser independence and approved appraiser education. Directs the Comptroller General to study and report to specified congressional committees on possible improvements in the appraisal process. Amends the Community Reinvestment Act of 1977 to permit a federal financial supervisory agency, in its examination of a regulated financial institution, to take into account certain counseling and transition programs of the institution for subprime borrowers.

To amend the Internal Revenue Code of 1986 to provide tax incentives to encourage diversity of ownership of telecommunications businesses, and for other purposes.

United States · United States Congress · 11 July 2007

Amends the Internal Revenue Code to allow a taxpayer election to defer from tax up to $50 million of the gain from the sale of the assets or stock of a telecommunications business to certain small businesses that own 10 or fewer broadcast stations. Limits to three the number of such purchases by any qualifying small business. Requires the recapture of such deferred gain for any telecommunications business resold within five years. Authorizes the Administrator of the Small Business Administration to guarantee loans made to small businesses for the purchase of a telecommunications business.

Josephine Butler United States Health Service Act

United States · United States Congress · 11 July 2007

Josephine Butler United States Health Service Act - Establishes the United States Health Service as an independent executive branch entity to provide health care and supplemental health services to all individuals within the United States. Requires the President to appoint members to a National Health Board to exercise the authority of the Service. Establishes an Office of the Inspector General for Health Services. Requires the Service to ensure that every individual is given certain basic health rights, including the right to receive high quality care and supplemental services from any facility within the Service capable of providing such services without charge and without discrimination. Amends the Fair Labor Standards Act of 1938 to provide employees with leave to receive necessary health care services. Requires the Board to: (1) establish any necessary health care facilities; (2) establish guidelines for the classification, certification, and employment of health workers by job category; (3) provide for the education of health workers through health team schools and loan repayment; (4) establish a health advocacy program to ensure the realization of patients' rights; (5) oversee occupational safety and health programs; and (6) conduct research concerning health and health care delivery. Transfers to the Board the agencies of the Department of Health and Human Services (HHS) that conduct research on health and health care. Requires the Board to establish additional research institutes. Amends the Internal Revenue Code to impose a health services tax on the income of individuals and corporations to fund the Health Service Trust Fund (established under this Act). Transfers to the Service certain authority of the Secretary of HHS.

CLASS Act

United States · United States Congress · 11 July 2007

Community Living Assistance Services and Supports Act or the CLASS Act - Amends the Public Health Service Act to create a national, voluntary disability insurance program (CLASS program) under which: (1) all employees are automatically enrolled, but are allowed to waive enrollment; (2) payroll deductions pay monthly premiums; and (3) two-tiered benefits are provided, based on the level of disability, to purchase nonmedical services and supports that the beneficiary needs to maintain independence. Establishes the Independence Fund within the Treasury. Requires the CLASS program to be treated for tax purposes in the same manner as a qualified long-term care insurance contract. Amends the Social Security Act to require each state to: (1) assess the extent to which personal care services providers are serving or able to serve as fiscal agents, employers, and providers of employment-related benefits for personal care attendant workers, who provide personal care services to individuals receiving benefits under this Act; (2) designate or create entities to serve such purposes; and (3) ensure that such entities will not negatively alter or impede existing programs, models, methods, or administration of service delivery that provide for consumer controlled or self-directed home and community services, impede the ability of individuals to direct and control their home and community services, or inhibit individuals from relying on family members for such services. Requires the Secretary of Health and Human Services to establish a Personal Care Attendants Workforce Advisory Panel to examine and advise the Secretary and Congress on workforce issues related to personal care attendant workers. Amends the Internal Revenue Code to allow: (1) a deduction for premiums paid for the CLASS program; (2) a credit CLASS program enrollees with low income; and (3) a credit for employers for the cost incurred to automatically enroll employees and withhold monthly premiums.

To amend the Internal Revenue Code of 1986 to make geothermal heat pump systems eligible for the energy credit and the residential energy efficient property credit.

United States · United States Congress · 11 July 2007

Amends the Internal Revenue Code to allow an energy tax credit and a residential energy efficient property tax credit for geothermal heat pump systems.

CLASS Act

United States · United States Congress · 10 July 2007

Community Living Assistance Services and Supports Act or the CLASS Act - Amends the Public Health Service Act to create a national, voluntary disability insurance program (CLASS program) under which: (1) all employees are automatically enrolled, but are allowed to waive enrollment; (2) payroll deductions pay monthly premiums; and (3) two-tiered benefits are provided, based on the level of disability, to purchase nonmedical services and supports that the beneficiary needs to maintain independence. Establishes the Independence Fund within the Treasury. Requires the CLASS program to be treated for tax purposes in the same manner as a qualified long-term care insurance contract. Amends the Social Security Act to require each state to: (1) assess the extent to which personal care services providers are serving or able to serve as fiscal agents, employers, and providers of employment-related benefits for personal care attendant workers, who provide personal care services to individuals receiving benefits under this Act; (2) designate or create entities to serve such purposes; and (3) ensure that such entities will not negatively alter or impede existing programs, models, methods, or administration of service delivery that provide for consumer controlled or self-directed home and community services, impede the ability of individuals to direct and control their home and community services, or inhibit individuals from relying on family members for such services. Requires the Secretary of Health and Human Services to establish a Personal Care Attendants Workforce Advisory Panel to examine and advise the Secretary and Congress on workforce issues related to personal care attendant workers. Amends the Internal Revenue Code to allow: (1) a deduction for premiums paid for the CLASS program; (2) a credit CLASS program enrollees with low income; and (3) a credit for employers for the cost incurred to automatically enroll employees and withhold monthly premiums.

Plug-in Hybrid Opportunity Act of 2007

United States · United States Congress · 10 July 2007

Plug-in Hybrid Opportunity Act of 2007 - Amends the Internal Revenue Code to allow a tax credit for 35% of the cost of a qualified plug-in battery module (or $4,000, whichever is less) used to convert a hybrid motor vehicle to a plug-in hybrid motor vehicle. Terminates such tax credit after 2010.

Rural Broadband Access Enhancement Act

United States · United States Congress · 10 July 2007

Rural Broadband Access Enhancement Act - Amends the Rural Electrification Act of 1936 to redefine "eligible rural community." Permits a loan or loan guarantee applicant in an area where 40% of the residents are without broadband access to qualify with a 10% loan equity position. Provides for: (1) paperwork reduction; and (2) program outreach to underserved areas. Prohibits loan or loan guarantees for new broadband service in communities with three or more service providers. Provides that for each fiscal year: (1) not more than 10% of program funds shall be available to providers with more than 10% of national subscriber lines; and (2) 40% of program funds shall be available to providers with between 2%-10% of national subscriber lines. Revises the amortization period from the life of the asset to 35 years. Requires an annual broadband program report to Congress.

Middle Class Tax Relief Act of 2007

United States · United States Congress · 10 July 2007

Middle Class Tax Relief Act of 2007- Amends the Internal Revenue Code to: (1) allow individual taxpayers with adjusted gross incomes of less than $75,000 ($150,000 for joint returns) a tax credit for 10% of their income tax; (2) eliminate income taxes for individual taxpayers with adjusted gross incomes of less than $12,500 ($25,000 for joint returns); (3) double the child tax credit for individual taxpayers with adjusted gross incomes of less than $75,000 ($150,000 for joint returns); (4) eliminate the alternative minimum tax in 2008 for certain individual taxpayers; and (5) impose an income tax surtax on individual taxpayers with adjusted gross incomes of over $500,000 ($1 million for joint returns).

Egyptian Counterterrorism and Political Reform Act

United States · United States Congress · 10 July 2007

Egyptian Counterterrorism and Political Reform Act - Prohibits military assistance to Egypt beginning in FY2008 unless the President determines and certifies to Congress that it is in the national security interests to provide assistance for a given fiscal year. Expresses the sense of Congress that: (1) funds that would have been provided for military assistance should be given in the form of economic support fund assistance and not used by the armed forces of Egypt; (2) the President should certify the establishment of procedures to ensure access by the Comptroller General to appropriate financial information in order to review the use of these funds; and (3) the agreement among the United States, Egypt, and Israel to decrease the overall amount of U.S. foreign assistance for both countries should continue.

Providing for consideration of the bill (H.R. 2669) to provide for reconciliation pursuant to section 601 of the concurrent resolution on the budget for fiscal year 2008.

United States · United States Congress · 10 July 2007

Sets forth the rule for consideration of the bill (H.R. 2669) to provide for reconciliation pursuant to section 601 of the concurrent resolution on the budget for fiscal year 2008.

Healthy Workforce Act of 2007

United States · United States Congress · 9 July 2007

Healthy Workforce Act of 2007 - Amends the Internal Revenue Code to allow employers a 50% tax credit for the costs of providing employees with a qualified wellness program. Defines "qualified wellness program" as a program that is certified by the Secretary of Health and Human Services and that consists of a health awareness and education component, a behavioral change component, and a supportive environment component. Terminates such credit after 2017. Requires the Secretary of the Treasury to institute an outreach program to inform businesses about the availability of such wellness program tax credit.

NASA'S EARTH SCIENCE AND APPLICATIONS PROGRAMS: FISCAL YEAR 2008 BUDGET REQUEST AND ISSUES

United States · United States House of Representatives · 28 June 2007

OVERSIGHT OF THE FISCAL YEAR 2008 BUDGET FOR THE NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION

United States · United States Senate · 28 June 2007

Business Activity Tax Simplification Act of 2007

United States · United States Congress · 28 June 2007

Business Activity Tax Simplification Act of 2007 - Expands the federal prohibition against state taxation of interstate commerce to: (1) include taxation of out-of-state transactions involving all forms of property, including intangible personal property and services (currently, only sales of tangible personal property are protected); and (2) prohibit state taxation of an out-of-state entity unless such entity has a physical presence in the taxing state. Sets forth criteria for determining that a person has a physical presence in a state.

A bill to amend the Internal Revenue Code of 1986 to repeal the dollar limitation on contributions to funeral trusts.

United States · United States Congress · 28 June 2007

Amends the Internal Revenue Code to repeal the $7,000 limitation on contributions to funeral trusts.

TAA Health Coverage Improvement Act of 2007

United States · United States Congress · 28 June 2007

TAA Health Coverage Improvement Act of 2007 - Amends the Internal Revenue Code to revise the tax credit for the health insurance costs of trade adjustment assistance (TAA) workers to, among other things: (1) increase the rate of such credit from 65 to 95% of health insurance costs ; (2) allow for the full amount of such credit and for full payment of TAA worker health insurance premiums for months prior to the issuance of a qualified health insurance costs credit eligibility certificate; and (3) set forth new tax credit eligibility rules for TAA workers and their family members. Requires the Director of the Office of Personnel Management to establish a program to offer TAA workers enrollment in the Federal Employees Health Benefit Program (FEHBP). Amends the Employee Retirement Income Security Act of 1974 (ERISA) to: (1) prevent a lapse of health care coverage for TAA workers; and (2) align coverage periods under such Act with eligibility periods for TAA workers. Amends the Workforce Investment Act of 1998 to require a state or entity to use national emergency grant funds to provide TAA workers and their family members with health insurance coverage for periods prior to their first eligibility month.

Teacher Tax Credit Act of 2007

United States · United States Congress · 28 June 2007

Teacher Tax Credit Act of 2007 - Amends the Internal Revenue Code to allow elementary and secondary school (K-12) teachers a tax credit for 50% of their education expenses (books, supplies, computer equipment, and supplementary materials) and their professional development expenses up to $300 in any taxable year.

Increased Access to Health Insurance Act of 2007

United States · United States Congress · 28 June 2007

Increased Access to Health Insurance Act of 2007 - Amends the Internal Revenue Code to repeal the prohibition against the purchase of health insurance from a health savings account.

Energy Efficient Buildings Promotion Act

United States · United States Congress · 28 June 2007

Energy Efficient Buildings Promotion Act - Amends the Energy Conservation and Production Act to direct the Secretary of Energy to establish, by rule, revised building energy performance standards for new federal buildings and those undergoing major renovations. Amends the Internal Revenue Code of 1986 to increase: (1) limitations for the nonbusiness energy property tax credit; (2) the applicable amount for the new energy efficient home credit; and (3) the per square footage dollar amount for the energy efficient commercial buildings deduction. Requires the Secretary to study and make recommendations to Congress on whether to conform certain Internal Revenue Code incentives, as provided in the Energy Policy Act of 2005, to the building energy performance goal established under this Act.

To amend the Internal Revenue Code of 1986 to provide a shorter recovery period for the depreciation of certain improvements to retail space.

United States · United States Congress · 28 June 2007

Amends the Internal Revenue Code to allow qualified retail improvement property a 15-year recovery period for purposes of the tax deduction for depreciation. Defines such property as any improvement to an interior portion of a building which is nonresidential real property, if: (1) such portion is open to the general public and is used in the trade or business of selling tangible personal property or services to the general public; and (2) such improvement is placed in service more than three years after the date the building was first placed in service. Excludes specified improvements, including the enlargement of a building, any elevator or escalator, or the internal structural framework of a building.

Members of Congress Personal Fiscal Responsibility Act

United States · United States Congress · 28 June 2007

Members of Congress Personal Fiscal Responsibility Act - Provides that no automatic pay adjustment shall be considered to have taken effect in FY2008 in the rates of basic pay for Members of Congress under the statutory pay system (thus eliminating the automatic pay adjustment for Members for such fiscal year).

To amend the Internal Revenue Code of 1986 to restore the deduction for the travel expenses of a taxpayer's spouse who accompanies the taxpayer on business travel.

United States · United States Congress · 28 June 2007

Amends the Internal Revenue Code to repeal the restrictions on the tax deduction for the travel expenses of a taxpayer's spouse, dependent, or other individual accompanying the taxpayer on business travel.

To prevent Members of Congress from receiving the automatic pay adjustment scheduled to take effect in 2008.

United States · United States Congress · 28 June 2007

Provides that no automatic pay adjustment shall be considered to have taken effect in FY2008 in the rates of basic pay for Members of Congress under the statutory pay system (thus eliminating the pay adjustment for Members for such fiscal year).

Greater Access To Education Act of 2007

United States · United States Congress · 28 June 2007

Greater Access to Education Act of 2007 - Amends Internal Revenue Code provisions relating to the Hope Scholarship tax credit to: (1) include room, board, fees, books, supplies, and equipment as expenses eligible for such credit; (2) exclude Pell and Supplemental Educational Opportunity Grants from types of scholarship assistance which reduce the allowable amount of such credit; and (3) exempt certain expenses eligible for such credit from tax information reporting requirements. Makes the Hope Scholarship and Lifetime Learning tax credits refundable.

To amend the Internal Revenue Code of 1986 to provide that management and administrative activities will not be taken into account in determining if an entity has sufficient business activities in a foreign country to avoid treatment as an expatriated entity.

United States · United States Congress · 28 June 2007

Amends Internal Revenue Code provisions defining expatriated business entities to exclude any management or administrative activities conducted by such entities in a foreign country in determining expatriate status for income tax purposes.

Tax Relief for All Workers Act of 2007

United States · United States Congress · 28 June 2007

Tax Relief for All Workers Act of 2007 - Amends the Internal Revenue Code to increase the rate and phaseout amounts of the earned income tax credit for taxpayers with no qualifying children.

Kansas Disaster Tax Relief Assistance Act

United States · United States Congress · 28 June 2007

Kansas Disaster Tax Relief Assistance Act - Extends to businesses and individuals in certain Kansas counties declared by the President as major disaster areas under the Robert T. Stafford Disaster Relief and Emergency Assistance Act (FEMA-1699-DR, as in effect on the date of enactment of this Act) by reason of severe storms and tornados beginning on May 4, 2007, provisions of the Internal Revenue Code allowing: (1) suspension of certain limitations on personal casualty losses; (2) an extension of the period for replacing damaged property without recognizing gain; (3) an employee retention tax credit for affected businesses through 2007; (4) 50% bonus depreciation for affected businesses; (5) increased expensing of small business assets; (6) increased expensing of demolition and cleanup costs; (7) extended net operating loss carryback periods for losses attributable to storms and tornadoes and for public utility property disaster losses; (8) relaxed income verification requirements for tenants in low-income rental projects; and (9) penalty-free withdrawals and loans from individual retirement accounts and other tax-exempt pension plans.

Lifelong Learning Accounts Act of 2007

United States · United States Congress · 28 June 2007

Lifelong Learning Accounts Act of 2007 - Amends the Internal Revenue Code to: (1) establish tax-exempt lifelong learning accounts to pay for certain higher education expenses and allow a tax deduction for cash contributions to such accounts; and (2) allow employers, employees, and self-employed individuals tax credits for contributions to such accounts. Requires the Comptroller General to study the effectiveness of such accounts and the tax credits provided by this Act.

Middle Class Opportunity Act of 2007

United States · United States Congress · 28 June 2007

Middle Class Opportunity Act of 2007 - Amends the Internal Revenue Code to: (1) increase the child tax credit for the first year in which a child is claimed as a qualifying child; (2) expand eligibility for the dependent care tax credit and allow such credit for expenses to care for parents (and ancestors of such parents) not residing with the taxpayer; and (3) provide for an increased alternative minimum tax exemption amount through 2008 Replaces the Hope and Lifetime Learning tax credits with an expanded education tax credit which provides for a 100% education tax credit for qualified tuition and related expenses (including a certain allowance for books) up to $1,000, 50% for such expenses between $1,000 and $3,000, and 20% of such expense between 3,000 and $5,500. Reduces credit amounts for taxpayers with modified adjusted gross incomes over $70,000 ($140,000 in the case of a joint tax return). Allows an inflation adjustment to credit amounts beginning after 2008. Limits such credit to three eligible students per taxpayer in any taxable year and for four taxable years. Denies such credit for certain part-time students and for students convicted of a felony drug offense. Repeals the tax deduction for qualified tuition and related expenses.

A bill to provide for the extension of transitional medical assistance (TMA) and the abstinence education program through the end of fiscal year 2007, and for other purposes.

United States · United States Congress · 27 June 2007

Amends the Tax Relief and Health Care Act of 2006 to extend transitional medical assistance (TMA) and the abstinence education program through FY2007. Amends title XVIII (Medicare) of the Social Security Act with respect to limited continuous open enrollment of original fee-for-service enrollees in Medicare Advantage non-prescription drug plans. Accelerates from the end of 2008 to July 31, 2007, the sunset of the period during which a Medicare Advantage-eligible but unenrolled fee-for-service individual may elect to enroll in a Medicare Advantage plan that is not an MA-Prescription Drug plan. Revises the initial funding available to the Medicare Advantage Regional Plan Stabilization for expenditures during 2012 and 2013. Reduces the total for both years currently set at $3.5 billion to: (1) $1.6 billion during 2012; and (2) $1.79 billion during 2013.

Employer Work Incentive Act for Individuals with Severe Disabilities

United States · United States Congress · 27 June 2007

Employer Work Incentive Act for Individuals with Severe Disabilities - Amends the Office of Federal Procurement Policy Act to require the Administrator for Federal Procurement Policy to establish, annually, a government-wide target for procurement contracts awarded to businesses that employ individuals with severe disabilities. Requires such target to be established at not less than 2.5% of the total value of all prime contract procurements for each fiscal year. Directs: (1) each executive agency to have an annual procurement target that presents the maximum practicable opportunity for businesses that employ individuals with severe disabilities to participate in the performance of agency contracts; (2) the Administrator to ensure that the cumulative agency targets meet or exceed the annual targets; (3) the Administrator to work with the Administrator of General Services to establish and maintain a database of eligible entities that qualify as businesses that employ such individuals; and (4) the Administrator to promulgate regulations providing that the participation of such businesses shall be an evaluation factor in all contracts awarded by executive agencies. Provides that the failure of a business that is awarded a contract to meet the employment criteria within one year shall result in contract termination, unless a one-time waiver is approved for good cause. Makes the Assistant Secretary of Labor for Employment and Training responsible for obtaining input from agencies, individuals, and organizations regarding the effectiveness, outreach, utilization, and advancement of the goals and purposes of the employment and contracting program. Requires the Secretary of Labor to utilize existing Regional Assistance Centers to provide assistance to businesses in qualifying for the evaluation factor.

Homeownership Affordability Act of 2007

United States · United States Congress · 27 June 2007

Homeownership Affordability Act of 2007 - Amends the Internal Revenue Code to deem qualified homeowner downpayment assistance as a charitable purpose for income, estate, and gift tax purposes. Defines "qualified homeowner downpayment assistance" as a gift of cash for the purpose of providing any downpayment for the purchase of a principal residence for a taxpayer whose modified adjusted gross income does not exceed $110,000 ($220,000 for joint returns), if: (1) such gift does not exceed 20% of 110 percent of the maximum principal obligation allowable; and (2) the purchase price of such property does not exceed 110 percent of such amount. Denies an income tax deduction to a donor of homeowner downpayment assistance who receives a direct financial benefit in connection with the purchase of a principal residence for which downpayment assistance was provided. Allows a gift tax exclusion for a homeowner downpayment gift.

Fair Treatment for Precious Metals Investors Act

United States · United States Congress · 27 June 2007

Fair Treatment for Precious Metals Investors Act - Amends the Internal Revenue Code to treat bullion (e.g., gold, silver, platinum, and palladium) as a long-term capital asset (currently, treated as a collectible), eligible for preferential capital gains tax rates.

FAA Reauthorization Act of 2007

United States · United States Congress · 27 June 2007

FAA Reauthorization Act of 2007 - Reauthorizes appropriations for FY2008-FY2011 for: (1) airport planning and development and noise compatibility planning programs; (2) air navigation facilities and equipment; and (3) FAA operations. Authorizes additional authorizations of appropriations from the general fund of the Treasury for aviation programs through FY2011. Amends the airport improvement program (AIP) to increase passenger facility charge amounts that can be imposed by an eligible agency to finance an eligible airport-related project. Expands eligibility requirements for airport-related projects to include projects for: (1) construction of airport bicycle storage facilities; (2) mitigation of noise to buildings caused by large hub airports; and (3) an intermodal ground access pilot project. Establishes user fees for aircraft owners or operators for certain Federal Aviation Administration (FAA) services. Provides for the adjustment of overflight fees. Makes specified amendments to the AIP, including increasing the allotment of discretionary funds in a fiscal year for the airport security program. Expresses the sense of Congress that the modernizing of the U.S. air transportation system, through implementation of the Next Generation Air Transportation System, is a national priority. Allows a pilot who has attained 60 years of age to serve as a passenger airline pilot until the age of 65 years old, provided certain conditions are met and subject to a limitation for international flights. Requires certain air carriers and airport operators to submit for the Secretary of Transportation's approval emergency contingency plans for: (1) how food, water, restroom facilities, and access to medical treatment will be provided to passengers who are grounded on aircraft for extended periods; and (2) the sharing of facilities and gates during an airport emergency. Establishes a pilot program to carry out a number of environmental mitigation demonstration projects at public-use airports. Increases in the number of aviation safety inspectors in the Flight Standards Service. Requires an assessment of training programs for FAA air traffic controllers. Extends the Secretary's authority to provide insurance and reinsurance against loss or damage arising out of any risk from the operation of a domestic or foreign aircraft. Establishes within the FAA a working group to make recommendations for the realignment of FAA services and facilities to assist in the transition to next generation facilities.

Renewable Energy Tax Parity Act of 2007

United States · United States Congress · 26 June 2007

Renewable Energy Tax Parity Act of 2007 - Amends the Internal Revenue Code to include a 30% credit for qualified biomass fuel property expenditures as part of the tax credit for residential energy efficient property. Defines "qualified biomass fuel property expenditure" as an expenditure for property which uses the burning of biomass fuel (i.e., any renewable plant-derived fuel) to heat a residence and which has a thermal efficiency rating of at least 75%.

To promote the production and use of ethanol.

United States · United States Congress · 26 June 2007

Amends the Petroleum Marketing Practices Act to prohibit a franchisor from restricting a franchisee from: (1) installing on the marketing premises a renewable fuel pump or tank; (2) converting an existing tank or pump for renewable fuel use; (3) advertising the sale of renewable fuel; (4) selling renewable fuel; (5) purchasing renewable fuel from sources other than the franchisor if the franchisor does not offer its own renewable fuel for sale by the franchisee; (6) listing renewable fuel availability or prices; or (7) allowing for payment of renewable fuel with a credit card. Allows such franchisee activities so long as they do not constitute willful adulteration, mislabeling, or misbranding of motor fuels or other trademark violations. Instructs the Secretary of Energy to establish a grants program for universities to demonstrate replacing corn as an ethanol feedstock with sweet sorghum. Amends the Clean Air Act and the Energy Policy Act of 2005 to provide for loan guarantees for closed loop ethanol commercial demonstration projects. Amends the Internal Revenue Code to: (1) increase and extend the alternative fuel vehicle refueling property credit; (2) make refueling property for biodiesel and renewable biodiesel eligible for the income tax deduction for clean-fuel vehicles and certain refueling property; and (3) increase the credit amount for research relating to alternative and renewable energy processes.

Affordable Homeowners Insurance Act of 2007

United States · United States Congress · 26 June 2007

Affordable Homeowners Insurance Act of 2007 - Amends the Internal Revenue Code to exempt distributions from retirement plans for disaster relief from the penalty for premature retirement plan withdrawals.

Providing for consideration of the bill (H.R. 2829) making appropriations for financial services and general government for the fiscal year ending September 30, 2008, and for other purposes.

United States · United States Congress · 26 June 2007

Sets forth the rule for consideration of the bill (H.R. 2829) making appropriations for financial services and general government for the fiscal year ending September 30, 2008.

Legislative Branch Appropriations Act, 2008

United States · United States Congress · 25 June 2007

Legislative Branch Appropriations Act, 2008 - Makes appropriations to the Senate for FY2008 for: (1) a payment to Susan Thomas, widow of Craig Thomas, a former Senator from Wyoming); (2) expense allowances; (3) representation allowances for the Majority and Minority Leaders; (4) salaries of specified officers, employees, and committees (including the Committee on Appropriations); (5) agency contributions for employee benefits; (6) inquiries and investigations; (7) the U.S. Senate Caucus on International Narcotics Control; (8) the Offices of the Secretary and of the Sergeant at Arms and Doorkeeper of the Senate; (9) miscellaneous items; (10) the Senators' Official Personnel and Office Expense Account; and (11) official mail costs. Makes appropriations for salaries and/or expenses of: (1) the Joint Economic and Taxation Committees; (2) the Joint Congressional Committee on Inaugural Ceremonies of 2009; (3) the Office of the Attending Physician; (4) the Capitol Guide Service and Special Services Office; (5) the preparation of statements of appropriations; (6) the Capitol Police; (7) the Office of Compliance; (8) the Congressional Budget Office; and (9) the Architect of the Capitol (AOC). Appropriates funds for: (1) the Library of Congress for salaries and expenses, the Copyright Office, Congressional Research Service (CRS) , and Books for the Blind and Physically Handicapped; (2) the Government Printing Office (GPO); (3) the Government Accountability Office (GAO); (4) a payment to the Open World Leadership Center Trust Fund; and (5) a payment to the John C. Stennis Center for Public Service Development Trust Fund. Architect of the Capitol Inspector General Act of 2007 - Establishes in the Office of the AOC the Office of the Inspector General.

Civil Rights Tax Relief Act of 2007

United States · United States Congress · 25 June 2007

Civil Rights Tax Relief Act of 2007 - Amends the Internal Revenue Code to: (1) allow an exclusion from gross income for amounts received (either backpay or frontpay or punitive damages) on account of an unlawful discrimination claim; and (2) allow income averaging for backpay and frontpay amounts received from such claims.

Wounded Heroes' Bill of Rights Act

United States · United States Congress · 25 June 2007

Wounded Heroes' Bill of Rights Act - Directs the Secretary of Defense to provide prompt emergency cash assistance to a member of the Armed Forces or veteran who, on or after September 11, 2001, was or is severely injured while serving on active duty (to be known as a Wounded Hero) and, due to such injury, is undergoing significant financial difficulty. Amends the Internal Revenue Code to provide a business tax credit for employers hiring Wounded Heroes. Amends the Servicemembers Civil Relief Act to provide increased protections under such Act for Wounded Heroes and persons in military service. Requires the Secretary of Veterans Affairs (Secretary) to ensure the provision of sufficient services to meet the needs of Wounded Heroes without regard to residential geographic location with respect to the following: (1) adult day health care; (2) home health care; (3) respite care; (4) home-based primary care; (5) hospice; and (6) such other noninstitutional extended care services as appropriate. Directs the Secretary to operate and maintain a program in caregiver education, training, and certification for family members of Wounded Heroes. Authorizes the Secretary to contract with non-Department of Veterans Affairs (VA) facilities to furnish care to a Wounded Hero, under certain conditions. Establishes: (1) in the VA an Office for Wounded Heroes Advocate; (2) in the Executive Office of the President an Office for Wounded Heroes; and (3) the Wounded Heroes Independent Review Board. Requires the Board to, among other things, review VA or other federal agency determinations with respect to the scope and intensity of benefits, especially health care or vocational rehabilitation, provided to Wounded Heroes.

Supporting the goals and ideals of National Save for Retirement Week.

United States · United States Congress · 25 June 2007

Expresses support for: (1) the goals and ideals of National Save for Retirement Week; and (2) the need to raise public awareness about saving for retirement and the availability of tax-preferred employer-sponsored retirement savings plans.

Providing for consideration of the bill (H.R. 2643) making appropriations for the Department of the Interior, environment, and related agencies for fiscal year ending September 30, 2008, and for other purposes.

United States · United States Congress · 25 June 2007

Sets forth the rule for consideration of the bill (H.R. 2643) making appropriations for the Department of the Interior, environment, and related agencies for fiscal year ending September 30, 2008.

DEPARTMENTS OF LABOR, HEALTH AND HUMAN SERVICES, AND EDUCATION, AND RELATED AGENCIES APPROPRIATIONS FOR FISCAL YEAR 2008

United States · United States Senate · 22 June 2007

Great Lakes Short Sea Shipping Enhancement Act of 2007

United States · United States Congress · 22 June 2007

Great Lakes Short Sea Shipping Enhancement Act of 2007 - Amends the Internal Revenue Code to exempt from the harbor maintenance tax commercial cargo (other than bulk cargo) loaded or unloaded at U.S. ports in the Great Lakes Saint Lawrence Seaway System. Defines the "Great Lakes Saint Lawrence Seaway System" as the waterway between Duluth, Minnesota and Sept. Iles, Quebec, Canada, encompassing the five Great Lakes, their connecting channels, and the Saint Lawrence River.

To authorize appropriations for the National Sea Grant College Program Act for fiscal years 2009 through 2013.

United States · United States Congress · 22 June 2007

Amends the National Sea Grant College Program Act to authorize appropriations for FY2009-FY2013 to carry out the Act.

Financial Services and General Government Appropriations Act, 2008

United States · United States Congress · 22 June 2007

Financial Services and General Government Appropriations Act, 2008 - Department of the Treasury Appropriations Act, 2008 - Makes appropriations for FY2008 for the Department of the Treasury. Executive Office of the President Appropriations Act, 2008 - Makes appropriations for FY2008 for the Executive Office of the President. The Judiciary Appropriations Act, 2008 - Makes appropriations for FY2008 for the U.S. Supreme Court and other federal courts and related offices. District of Columbia Appropriations Act, 2008 - Makes appropriations for FY2008 for the District of Columbia. Makes appropriations for FY2008 for: (1) the Consumer Product Safety Commission (CPSC); (2) the Election Assistance Commission; (3) the Federal Communications Commission (FCC); (4) the Federal Deposit Insurance Corporation (FDIC); (5) the Federal Election Commission (FEC); (6) the Federal Labor Relations Authority (FLRA); (7) the Federal Trade Commission (FTC); (8) the General Services Administration (GSA); (9) the Merit Systems Protection Board; (10) the Morris K. Udall Scholarship and Excellence in National Environmental Policy Foundation; (11) the National Archives and Records Administration (NARA); (12) the National Credit Union Administration (NCUA); (13) the Office of Government Ethics; (14) the Office of Personnel Management (OPM); (15) the Office of Inspector General; (16) the Office of Special Counsel; (17) the Securities and Exchange Commission (SEC); (18) the Selective Service System; (19) the Small Business Administration (SBA); (20) the United States Postal Service; and (21) the United States Tax Court. Specifies certain uses and limits on or prohibitions against the use of funds appropriated by this Act.

To amend the Internal Revenue Code of 1986 to treat income received by partners for performing investment management services as ordinary income received for the performance of services.

United States · United States Congress · 22 June 2007

Amends the Internal Revenue Code to treat as ordinary income (i.e., income taxed at regular income tax rates) income received by a partner from an investment services partnership interest. Defines "investment services partnership interest" as any interest in a partnership held by a person who provides services to a partnership by: (1) advising the partnership as to the value of specified assets (e.g., real estate, commodities, or options or derivative contracts); (2) advising the partnership about investing in, purchasing, or selling specified assets; (3) managing, acquiring, or disposing of specified assets; or (4) arranging financing with respect to acquiring specified assets.