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601 records in US in 2001

Records

Bill· SS. 910 (107th)open

Save the American Steel Industry Act of 2001

United States · United States Congress · 17 May 2001

Save the American Steel Industry Act of 2001 - Establishes: (1) the Steelworker Retiree Health Care Board in the Department of Labor; (2) the Steelworker Retiree Health Care Trust Fund; and (3) the Health Care Benefit Costs Assistance Program. Requires the Board to: (1) provide, under the Program, for payments to designated steelworker group health plans to assist in the funding of qualified retiree health benefits; and (2) establish policies for the Trust Fund that provide for prudent investments and low administrative costs. Amends the Internal Revenue Code to impose on steel sold by the manufacturer, producer, or importer an excise tax whose proceeds shall be deposited into the Trust Fund. Authorizes any person who acquires another person that produces any of the specified categories of steel products contained in this Act to apply to the Secretary of Commerce for a grant to defray the costs necessary to bring, and maintain, the resulting entity into compliance with U.S. environmental laws. Requires the Secretary to determine whether or not such mergers will promote the retention of at least 80 percent of the jobs of the steel workers and production capacity for such steel products. Sets forth penalties for failure to achieve such retention levels.

Bill· HRH.R. 1897 (107th)referred

Nurse of Tomorrow Act of 2001

United States · United States Congress · 17 May 2001

Nurse of Tomorrow Act of 2001 - Amends the Public Health Service Act to authorize the Secretary of Health and Human services to make grants for: (1) nurse recruitment and retention; (2) basic nurse education; and (3) nurse education encouragement. Amends the Internal Revenue Code to: (1) provide a refundable tax credit for certain nurses; and (2) exclude from gross income certain amounts received under the nurse loan repayment program.

Bill· HRH.R. 1888 (107th)referred

Corporate Welfare Elimination Act of 2001

United States · United States Congress · 17 May 2001

Corporate Welfare Elimination Act of 2001 - Title I: Tax Reform - Termination of Energy and Natural Resource Tax Subsidies Act of 2001 - Amends the Internal Revenue Code to repeal or terminate the following: (1) the expensing of intangible drilling and development costs and of mining exploration and development costs; (2) the credit for producing fuel from a nonconventional source; (3) the percentage depletion deduction for mines, oil and gas wells, other natural deposits, and timber; (4) tax benefits for alcohol fuels; (5) the enhanced oil recovery credit; (6) the credit and deduction for electric vehicles, clean-fuel vehicles, and certain refueling property; (7) the deduction for tertiary injectants; (8) the rehabilitation credit for non-historic structures (reduces such credit for certified historic structures); (9) the provisions concerning the treatment of Blue Cross and Blue Shield Organizations; (10) the small life insurance company deduction; (11) the alternative tax on small property and casualty insurance companies; (12) provisions permitting farming businesses to use the cash method of accounting; (13) the deduction for soil and water conservation expenditures; (14) the deduction for expenditures by farmers for fertilizer, etc.; (15) certain exceptions permitting farm businesses to use the cash method of accounting; (16) the exclusion for the cancellation of qualified farm indebtedness; (17) the exclusion for certain cost-sharing payments; (18) the reforestation credit; (19) the rapid amortization of reforestation expenditures; (20) the exclusion of certain income of citizens or residents living abroad; (21) the exclusion for income of foreign sales corporations; (22) the deferral of income of controlled foreign corporations; (23) the deferral of tax under the Merchant Marine Capital Construction Fund; (24) the special treatment for magazine circulation expenditures; and (25) the special treatment for returns of magazines, paperbacks, and records. Title II: Natural Resources - Public Resources Deficit Reduction Act of 2001 - Subtitle A: General Provisions -Prohibits any timber, minerals, forage, or other natural resources owned by the United States and any federally owned water, or hydroelectric energy of a Federal facility from being sold, leased, or otherwise disposed of by any Federal entity for less than fair market value. (Sec. 212) Authorizes the Secretaries of the Interior and Agriculture to establish and collect user fees as necessary to reimburse the United States for expenses incurred in administering programs. (Sec. 213) Requires the revenues from the sale, lease, and transfer of Federal assets to be included in the President's budget submission to Congress. Subtitle B: Revenue from Mining Claims - Requires the holders of mining claims to pay an annual claim maintenance fee of $100 per claim per calendar year. Allows the waiver of such fee for holders of more than ten claims. (Sec. 223) Requires claimholders to pay a royalty of eight percent of gross income for production of locatable minerals on Federal lands. (Sec. 224) Amends the Internal Revenue Code to impose an excise tax on gross income resulting from the severance of any locatable mineral, or mineral concentrates or products, from a mine or other natural deposit. Makes such tax inapplicable to gross income to which a royalty is imposed. (Sec. 225) Establishes the Abandoned Locatable Minerals Mine Reclamation Fund for the reclamation and restoration of land and water resources adversely affected by past mineral activities on Federal lands. Credits the royalties and excise tax under this title to such Fund. (Sec. 226) Prohibits the issuance of a patent for any mining claim unless the Secretary of the Interior determines that, for the claim concerned: (1) a patent application was filed before January 27, 1995; and (2) all requirements are met under the Revised Statutes for vein or lode claims and for placer claims. (Sec. 227) Requires the Secretary to adjust all dollar amounts under this title for changes in purchasing power every ten years, employing the Consumer Price Index as the basis for adjustment. Subtitle C: Use or Disposal of Federal Natural Resources - Amends the Federal Land Policy Management Act of 1976 to direct the Secretary of Agriculture, with respect to National Forest lands in the 16 contiguous Western States, and the Secretary of the Interior, with respect to public domain lands, where domestic livestock grazing is permitted under applicable law, to establish an annual domestic livestock grazing fee equal to fair market value, based on a specified formula. Sets forth provisions regarding: (1) abolition of grazing advisory boards; and (2) the U.S. share of receipts. (Sec. 232) Amends the National Forest Management Act of 1976 to prohibit below-cost timber sales from National Forest System Lands. (Sec. 233) Amends the Forest and Rangeland Renewable Resources Planning Act of 1974 to require the Secretary of Agriculture in revising land management plans to take into account the economic suitability of lands for timber production. (Sec. 234) Amends the Food Security Act of 1995 and the Federal Crop Insurance Act to provide for the reduction of payment limitations for persons who receive Federal irrigation water for agricultural purposes. (Sec. 237) Amends the Emergency Livestock Feed Assistance Act of 1988 to repeal the livestock feed assistance program. (Sec. 238) Amends the Mineral Leasing Act to require that oil and gas rental prices for leases on public lands be established at fair market value. (Sec. 239) Requires that permits for the use of communications sites on public lands be established at fair market prices.

Bill· HRH.R. 1901 (107th)referred

Medicare Equitable Payment Enhancement Act of 2001

United States · United States Congress · 17 May 2001

Medicare Equitable Payment Enhancement Act of 2001 - Provides that, effective with respect to cost reporting periods beginning on or after October 1, 2002, in determining what proportion of the operating costs of inpatient hospital services are attributable to wages and wage-related costs, the Secretary of Health and Human Services shall exclude professional fees, postal services, and specified other labor intensive items. Requires the Secretary, in updating the factor (established by the Secretary) reflecting the relative hospital wage level in the geographic area of a hospital compared to the national average hospital wage level under Medicare for a fiscal year, to use data from the cost reports beginning during the third fiscal year that precedes the fiscal year involved.

Bill· HRH.R. 1915 (107th)referred

Gas Affordability Act of 2001

United States · United States Congress · 17 May 2001

Gas Affordability Act of 2001 - Amends the Internal Revenue Code to suspend for six months (the period beginning on July 1, 2001, and ending on December 31, 2001) the 4.3 cent increase in motor fuel taxes enacted in 1993.

Bill· HRH.R. 1895 (107th)referred

Computer Equipment Common Sense Depreciation Act

United States · United States Congress · 17 May 2001

Computer Equipment Common Sense Depreciation Act - Amends the Internal Revenue Code to establish a two-year recovery period for depreciation (including alternative depreciation for tax-exempt use property, etc.) of computers and peripheral equipment used in manufacturing.

Bill· SS. 904 (107th)open

Teacher Relief Act of 2001

United States · United States Congress · 16 May 2001

Teacher Relief Act of 2001- Amends the Internal Revenue Code to: (1) allow a deduction of up to $500 annually for qualified professional development expenses to an individual who is a kindergarten through grade 12 teacher, instructor, counselor, principal, or aide in an elementary or secondary school for at least 900 hours during a school year; and (2) allow a credit of up to $250 annually to such an individual who provides qualified classroom materials.

Bill· SS. 894 (107th)referred

SOLIDARIDAD Act of 2001

United States · United States Congress · 16 May 2001

Cuban Solidarity Act of 2001 (or SOLIDARIDAD Act of 2001) - Earmarks each fiscal year a specified amount of development assistance and economic support funds for individuals and independent nongovernmental organizations (NGOs) to support democracy-building efforts for Cuba, including assistance to victims of political repression there. Establishes an information and resource center within the U.S. Interests Section in Havana, Cuba, for use by independent NGO representatives or other eligible persons. Authorizes the President to license on a case-by-case basis: (1) the importation of handicrafts or other hand-made goods produced by independent, self-employed Cubans; and (2) the remittance of up to $1,000 each quarter by a U.S. person or group to any Cuban to support microenterprise activities of independent, self-employed Cubans, or independent NGO activities. Urges the President to take specified measures to support the transition to democracy in Cuba. Amends the Foreign Assistance Act of 1961 to require the President to withhold for a fiscal year from assistance provided to an independent state of the former Soviet Union an amount equal to the amount of assistance and credits, if any, provided for the preceding fiscal year by such state in support of intelligence facilities in Cuba, including the intelligence facility at Lourdes, Cuba. Urges the Secretary of State to authorize the travel and contacts of Cuban diplomatic personnel in the United States on a strictly reciprocal basis, taking into account Cuban restrictions against U.S. diplomatic personnel meeting with Cuban government officials.

Bill· SS. 896 (107th)open

Restoring Earnings to Lift Individuals and Empower Families (RELIEF) Act of 2001

United States · United States Congress · 16 May 2001

Restoring Earnings To Lift Individuals and Empower Families (RELIEF) Act of 2001 - Amends the Internal Revenue Code to, among other things: (1) provide for lower income tax rates; (2) increase the income required before beginning the phase out of itemized deductions; (3) repeal the personal exemption phase out; (4) increase the child tax credit; (5) provide for the equalization of tax rates for those filing jointly and those filing singly (provides "marriage penalty" relief); (6) increase assistance to education through tax revisions such as increasing contributions allowed to education IRAs, excluding certain scholarship amounts from income, and providing special treatment for bonds used to finance educational facilities; (7) repeal the estate and generation skipping transfer taxes; (8) reduce the gift tax rate; (9) increase pension and IRA contribution limits and benefits; and (10) increase the alternative minimum tax exemption.

Bill· SS. 905 (107th)open

America's Better Classrooms Act of 2001

United States · United States Congress · 16 May 2001

America's Better Classrooms Act of 2001 - Amends the Internal Revenue Code (IRC) to establish a limited tax credit for qualified public school modernization bonds (construction and zone academy bonds). Repeals a restriction on zone academy bond holders. Amends the General Education Provisions Act to apply certain labor standards on construction projects financed under such public school modernization bond program under this Act and specified zone academy bond provisions under the Taxpayer Relief Act of 1997. Amends the Workforce Investment Act of 1998 to establish provisions concerning employment and training activities related to the construction or reconstruction of public school facilities. Directs the Secretary of the Interior to establish a pilot program under which eligible Indian tribes have the authority to issue qualified tribal school modernization bonds to provide funding for the construction, rehabilitation, or repair of tribal schools, including advance planning and design. Amends the IRC to establish a limited tax credit for qualified tribal school modernization bonds.

Bill· SS. 895 (107th)referred

Vaccines for the New Millennium Act of 2001

United States · United States Congress · 16 May 2001

Vaccines for the New Millennium Act of 2001 - Amends the Internal Revenue Code to allow a limited business credit for the costs medical research related to developing vaccines against widespread diseases. Defines Widespread diseases as malaria, tuberculosis, HIV, or any infectious disease (of a single etiology) which, according to the World Health Organization, causes over one million human deaths annually. Allows a limited lifesaving vaccine sale credit equal to the amount of qualified vaccine sales. Defines qualified vaccine sales as the aggregate amount paid to the taxpayer for a qualified sale. Defines a qualified sale as a sale of a qualified vaccine: (1) to a nonprofit organization or to a government of any foreign country (or instrumentality of such a government); and (2) for distribution in a developing country. Establishes the Lifesaving Vaccine Purchase Fund. Expresses the sense of Congress concerning the manufacture, distribution, support for global efforts, and tiered pricing of vaccines.

Bill· HRH.R. 1873 (107th)referred

Native American Housing and Self-Determination Reauthorization Act of 2001

United States · United States Congress · 16 May 2001

Native American Housing and Self-Determination Reauthorization Act of 2001 - Amends the Native American Housing and Self-Determination Act of 1996 to extend through FY 2006: (1) the authorization of appropriations for block grants for Indian tribes to carry out affordable housing activities; (2) the aggregate fiscal year limitation on guarantees for tribal housing activities loans; (3) the authorization of appropriations for the estimated long-term cost to the Government of such loan guarantees; and (4) the authorization of appropriations for providing training and technical assistance for Indian housing authorities and entities.

Bill· HRH.R. 1881 (107th)referred

State and Local Candidate Fairness Act of 2001

United States · United States Congress · 16 May 2001

State and Local Candidate Fairness Act of 2001 - Amends the Internal Revenue Code to provide that the graduated income tax rates applicable to principal campaign committees of candidates for Congress shall also apply to all comparable committees of candidates for State and local offices.

Bill· HRH.R. 1864 (107th)referred

Clean Efficient Automobiles Resulting From Advanced Car Technologies (CLEAR ACT) Act of 2001

United States · United States Congress · 16 May 2001

Clean Efficient Automobiles Resulting From Advanced Car Technologies (CLEAR ACT) Act of 2001 - Amends the Internal Revenue Code to allow an annual alternative motor vehicle credit equal to the sum of: (1) the new qualified fuel cell motor vehicle credit; (2) the new qualified hybrid motor vehicle credit; and (3) the new qualified alternative fuel motor vehicle credit. Sets forth credit termination dates. Extends and revises the credit for qualified electric vehicles. Makes leased vehicles eligible for the credit. Allows (through 2007) an alternative fuel retail sales credit of 50 cents per gallon to a qualifying retailer. Extends and revises the deduction for certain clean fuel vehicles and refueling property. Allows (through 2007) a credit for the installation of residential or retail clean-fuel vehicle refueling property.

Bill· HRH.R. 1872 (107th)referred

Gift of Life Tax Credit Act of 2001

United States · United States Congress · 16 May 2001

Gift of Life Tax Credit Act of 2001 - Amends the Internal Revenue Code to allow a (refundable) $10,000 credit to individuals who donate their organs at death under an approved program.

Bill· SS. 881 (107th)referred

Fallen Hero Survivor Benefit Fairness Act of 2001

United States · United States Congress · 15 May 2001

Fallen Hero Survivor Benefit Fairness Act of 2001 - Amends the Taxpayer Relief Act of 1997 to extend to survivors of public safety officers killed in the line of duty before December 31, 1996, the same tax benefits available to the survivors of such officers killed after such date (the exclusion from gross income of any survivor annuity received on account of the death of a public safety officer killed in the line of duty). Makes such extension of benefits effective with respect to payments received after December 31, 2001.

Bill· SS. 888 (107th)referred

College Tuition Assistance Act of 2001

United States · United States Congress · 15 May 2001

College Tuition Assistance Act of 2001 - Amends the Internal Revenue Code to allow an income-based deduction ($5,000 maximum for 2002; $10,000 maximum for 2003 and thereafter) for qualifying higher education tuition and related expenses on behalf of an individual who can be claimed as a personal exemption by a taxpayer. Increases the: (1) lifetime learning credit to 28 percent of qualified education expenses; and (2) related income eligibility levels. Eliminates specified needs-based educational assistance under the Higher Education Act of 1965 from financial eligibility computations for such credit and the hope scholarship credit. Amends education loan interest provisions to: (1) eliminate the 60-month deductibility limit; (2) increase joint filer income eligibility levels; and (3) apply deductibility limits on a per student basis. Amends the Higher Education Act of 1965 to increase Federal Pell grant amounts for academic years 2001-2002 and 2002-2003.

Bill· SS. 878 (107th)referred

A bill to amend the Internal Revenue Code of 1986 to prorate the heavy vehicle use tax between the first and subsequent purchasers of the same vehicle in one taxable period.

United States · United States Congress · 15 May 2001

Amends Internal Revenue Code provisions concerning the excise tax on heavy highway vehicles (over 55,000 pounds) to provide that if in any taxable period a highway motor vehicle is sold before the last day in such period by the person who paid the excise tax for any portion of such period ending with such last day, the tax shall be reckoned proportionately between such person and the purchaser from the date of the sale.

Bill· SS. 879 (107th)referred

Cosmetology Tax Fairness and Compliance Act of 2001

United States · United States Congress · 15 May 2001

Cosmetology Tax Fairness and Compliance Act of 2001 - Amends the Internal Revenue Code, with respect to the credit for the portion of social security taxes paid with respect to employee tips, to make such credit applicable to employers of cosmetologists. Establishes provisions concerning returns relating to cosmetology services employers and information to be provided to cosmetologists.

Bill· HRH.R. 1831 (107th)referred

Small Business Liability Protection Act

United States · United States Congress · 15 May 2001

Small Business Liability Protection Act - Amends the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 to provide (with exceptions) that persons shall be liable for response costs at a National Priorities List (NPL) facility as non-owners or operators only if the total of material containing a hazardous substance that the business arranged for disposal, transport, or treatment of, or accepted for transport, was greater than 110 gallons of liquid material or 200 pounds of solid material. Applies this exemption only to activities taking place before April 1, 2001. Exempts a person from liability for response costs (with exceptions) at a NPL facility for municipal solid waste (MSW) as a non-owner or operator if the person is an owner, operator, or lessee of residential property from which all of the person's MSW was generated, or a certain small business or small charitable tax-exempt organization that generated all its MSW, with respect to the facility concerned. Makes nongovernmental entities that commence a contribution action liable to the defendant for all reasonable costs of defending the action if the defendant is not liable based on the above-described exemptions. Adds to the list of parties eligible for de minimis final settlements certain persons and businesses that demonstrate an inability or limited ability to pay response costs. Revises conditions of eligibility for such settlements for de minimis parties.

Law· HRH.R. 1836 (107th)enacted

Economic Growth and Tax Relief Reconciliation Act of 2001

United States · United States Congress · 15 May 2001

Economic Growth and Tax Relief Reconciliation Act of 2001 - States that tax rate revisions made by this Act shall not be treated as a tax rate change for purposes of applying the pre-and post-change tax rates under section 15 of the Internal Revenue Code. (Such provision would otherwise apply two tax rates to income in the same tax year, depending upon effective date.) Amends the Code, as of tax year 2001, to establish (in addition to existing brackets) a 12 percent individual tax bracket for each filing status. Caps taxable income levels for the 12 percent bracket at: (1) $12,000 for married individuals filing jointly; (2) $10,000 for heads of households; and (3) $6,000 for unmarried individuals or married individuals filing separately. Applies the current 15 percent bracket to income levels above the 12 percent caps but below current 15 percent caps. Prohibits minimum bracket amount inflation adjustments through tax year 2006. Revises the cost-of-living adjustment formula, as of tax year 2007. Provides, beginning in tax year 2002, for specified reductions in the 12, (maintaining the revised 15 percent bracket without further change), 28, 31, 36, and 39.6 percent individual (and estate) brackets, so that as of 2006 and thereafter, there shall be four tax brackets of 10, 15, 25, and 33 percent. Repeals mandatory reductions in the additional (three or more children) child tax credit and the earned income credit for taxpayers subject to the alternative minimum tax. Revises current tax rates in conformity with the amendments made by this Act respecting: (1) accumulated corporate earnings; (2) personal holding companies; (3) voluntary withholding on certain Federal payments, unemployment benefits, gambling winnings, and Indian casino profits; (3) backup withholding; and (4) supplemental wage payments. States that amounts transferred to any Social Security Act trust fund shall be determined as if this Act had not been enacted.

Bill· HRH.R. 1832 (107th)referred

Hydroelectric Licensing and Incentives Act of 2001

United States · United States Congress · 15 May 2001

Hydroelectric Licensing and Incentives Act of 2001 - Amends the Federal Power Act to prescribe procedural guidelines for the consideration of hydroelectric power licensing by Federal agencies and the Secretaries of the Interior and of Commerce. Instructs the Secretary of Energy to make incentive payments: (1) for a period of ten fiscal years to the owner or operator of electric energy generated and sold by a qualified hydroelectric facility; and (2) to the owner or operator of hydroelectric facilities at existing dams for capital improvements directly related to specified facility efficiency improvements. Amends the Public Utility Regulatory Policies Act of 1978 to redefine "an existing dam" for purposes of small hydroelectric power projects as one whose construction was completed on or before May 16, 2001 (currently, on or before April 20, 1977). Instructs the Secretary of Energy to study and report to certain congressional committees on cost-effective opportunities to increase hydropower generation at existing federally-owned or operated water regulation, storage, and conveyance facilities.

Bill· HRH.R. 1841 (107th)referred

Law Enforcement Officers Equity Act

United States · United States Congress · 15 May 2001

Law Enforcement Officers Equity Act - Redefines the term "law enforcement officer" under provisions of the Federal Employees Retirement System (FERS) and the Civil Service Retirement System (CSRS) to include: (1) Federal employees not otherwise covered by such term whose duties include the investigation or apprehension of suspected or convicted individuals and who are authorized to carry a firearm; and (2) such employees of the Internal Revenue Service whose duties are primarily the collection of delinquent taxes and the securing of delinquent returns. Requires that such service which is performed by an incumbent law enforcement officer be treated: (1) on or after the enactment date of this Act, for all purposes, as service performed as a law enforcement officer, irrespective of how such service is treated under the following; and (2) before, on, or after such date, for purposes of CSRS and FERS, as service performed as such an officer, but only if an appropriate written election is submitted to the Office of Personnel Management five years after such date or before separation from Government service, whichever is earlier. Provides that nothing under current law respecting mandatory separation from Government service under CSRS or FERS shall cause the involuntary separation of an officer before the end of the three-year period beginning on such date.

Bill· HRH.R. 1848 (107th)referred

Semiconductor Equipment Investment Act of 2001

United States · United States Congress · 15 May 2001

Semiconductor Equipment Investment Act of 2001 - Amends the Internal Revenue Code to make semiconductor manufacturing equipment three-year depreciable property.

Bill· HRH.R. 1833 (107th)referred

Gas Tax Fairness Act of 2001

United States · United States Congress · 15 May 2001

Gas Tax Fairness Act of 2001 - Amends the Internal Revenue Code to suspend, for six months, motor fuels taxes. States that amounts transferred to the Highway Trust Fund shall be determined as if this Act had not been enacted.

Bill· HRH.R. 1856 (107th)referred

Black Farmer Fairness Act of 2001

United States · United States Congress · 15 May 2001

Black Farmer Fairness Act of 2001 - Amends the Internal Revenue Code to provide in the case of any person who is certified to be a member of the plaintiff class in the settlement of the consolidated actions entitled "Pigford, et al. v. Glickman," No. 97-1978 (D.D.C.) (PLF), and "Brewington, et al. v. Glickman" No. 98-1693 (D.D.C.) (PLF) (concerning relief from Federal tax liability arising from the settlement of claims brought by African American farmers against the Department of Agriculture for discrimination in farm credit and benefit programs) amounts received from the settlement of claims shall: (1) be excluded from taxation; and (2) not considered as income or resources when determining eligibility for any federally funded program.

Bill· SS. 875 (107th)referred

Fuel Tax Equalization Credit for Substantial Power Takeoff Vehicles Act

United States · United States Congress · 14 May 2001

Fuel Tax Equalization Credit for Substantial Power Takeoff Vehicles Act - Amends the Internal Revenue Code to provide a $250 credit for each qualified commercial power takeoff vehicle (certain highway vehicles designed to deliver ready mixed concrete or collect refuse or recyclables) owned by a taxpayer at the end of the year. Stipulates that such credit shall not be available for a vehicle used during the year by a governmental entity or a tax-exempt organization.

Bill· SS. 867 (107th)referred

Estate Tax Reform Act of 2001

United States · United States Congress · 10 May 2001

Estate Tax Reform Act of 2001 - Amends the Internal Revenue Code to: (1) provide for incremental increases in the unified credit against the estate and gift taxes (currently, $700,000 for 2002) going from $ 1million for 2002 to $ 2 million by 2006; and (2) increase incrementally the current maximum family-owned business deduction amount ($675,000) to new maximum amounts that will be equal to the sum of the decedent's deduction amount ($3.375 million by 2006) and the unused spousal deduction amount (defined).

Bill· SS. 870 (107th)referred

Multimodal Transportation Financing Act

United States · United States Congress · 10 May 2001

Multimodal Transportation Financing Act - Amends the Internal Revenue Code to: (1) provide for the treatment of qualified highway infrastructure project bonds as exempt facility bonds; (2) exclude mass commuting facilities from the definition of "private activity bond"; (3) modify the definition of high-speed intercity rail facilities; and (4) provide for the treatment of intermodal transfer facilities bonds as exempt facility bonds.

Bill· HRH.R. 1811 (107th)open

PILT and Refuge Revenue Sharing Permanent Funding Act

United States · United States Congress · 10 May 2001

PILT and Refuge Revenue Sharing Permanent Funding Act - Provides permanent funding for the following programs: (1) Bureau of Land Management Payment in Lieu of Taxes (PILT); and (2) the U.S. Fish and Wildlife Service's refuge revenue sharing program.

Bill· HRH.R. 1819 (107th)referred

Free Trade Community Relief Act

United States · United States Congress · 10 May 2001

Free Trade Community Relief Act - Amends the Internal Revenue Code to, among other things: (1) provide for the designation of NAFTA-impacted communities; (2) establish an employment credit for such communities; and (3) provide for job training grants to such communities.

Bill· HRH.R. 1821 (107th)referred

To amend the Internal Revenue Code of 1986 to reestablish the marketing aspects of farmers' cooperatives in relation to adding value to a farmer's product by feeding it to animals and selling the animals and to grant a declaratory judgment remedy relating to the status and classification of farmers' cooperatives.

United States · United States Congress · 10 May 2001

Amends the Internal Revenue Code to declare that cooperative marketing includes the value-added processing of the products of cooperative members and other producers through animals by: (1) feeding such products to cattle, hogs, fish, chickens, or other animals; and then (2) selling the animals (or animal products) which were fed such feed products. Authorizes a U.S. district court to issue a declaratory judgment relating to the initial or continuing qualification of a farmers' cooperative as tax-exempt.

Bill· HRH.R. 1794 (107th)referred

American Servicemembers' Protection Act of 2001

United States · United States Congress · 10 May 2001

American Servicemembers' Protection Act of 2001 - Prohibits U.S. cooperation with the International Criminal Court (including specified restrictions on U.S. military participation in United Nations (UN) peacekeeping and peace enforcement operations, transfer of U.S. classified national security information, and the provision of U.S. military assistance, with specified exceptions, to the Court and its members). Prescribes conditions for a presidential waiver of the prohibitions and requirements of this Act. Terminates such prohibitions and requirements upon the United States' becoming a party to the Court. Declares that the requirements of this Act shall not prohibit: (1) any action authorized by the President to bring about the release from captivity of any U.S. military personnel (covered U.S. persons) and certain other persons (covered allied persons) who are being detained or imprisoned against their will by or on behalf of the Court; (2) any other action taken by U.S. armed forces outside of the United States while engaged in military operations involving the threat or use of force to protect such personnel from harm or to ensure the success of such operations; or (3) communication by the United States to the Court of its policy with respect to a particular matter. Authorizes the President to use all means (including the provision of legal assistance) necessary to bring about the release of covered U.S. persons and covered allied persons held captive by or on behalf of the Court. Directs the President to report to appropriate congressional committees with respect to each military alliance to which the United States is a party: (1) describing the degree to which U.S. armed forces may be placed pursuant to the alliance under foreign control subject to the jurisdiction of the Court; and (2) evaluating the degree to which U.S. armed forces engaged in military operations pursuant to such alliance may be exposed to greater risks as a result of being placed under such foreign control. Authorizes funds withheld from the U.S. share of assessments to the UN or other international organizations pursuant to the Admiral James W. Nance and Meg Donovan Foreign Relations Authorization Act, Fiscal Years 2000 and 2001 to be transferred to the Embassy Security, Construction and Maintenance Account of the Department of State.

Bill· HRH.R. 1802 (107th)referred

To amend the Internal Revenue Code of 1986 to modify the depreciation of property used in the generation of electricity.

United States · United States Congress · 10 May 2001

Amends the Internal Revenue Code, with respect to the accelerated cost recovery system, to: (1) add property used in the generation of electricity to the definition of seven-year property; and (2) with respect to the special rules for determining class life, deem such property to have a ten-year class life.

Bill· HRH.R. 1797 (107th)referred

Energy Efficiency and Conservation Incentives Act of 2001

United States · United States Congress · 10 May 2001

Energy Efficiency and Conservation Incentives Act of 2001 - Amends the Internal Revenue Code to allow as a deduction: (1) an amount equal to $30 for each qualified energy management device originally placed in service during the taxable year; and (2) for each qualified retrofitted meter originally placed in service during the taxable year, an amount equal to the lesser of $30 or the adjusted basis of such meter.

Bill· HRH.R. 1796 (107th)referred

To amend the Internal Revenue Code of 1986 to treat charitable remainder pet trusts in a similar manner as charitable remainder annuity trusts and charitable remainder unitrusts.

United States · United States Congress · 10 May 2001

Amends the Internal Revenue Code to treat a charitable remainder pet trust (a trust created to provide, for a period of up to 20 years, for the exclusive benefit of one or more pets) in a manner similar to charitable remainder annuity trusts and charitable remainder unitrusts.

Bill· SS. 857 (107th)open

American Servicemembers' Protection Act of 2001

United States · United States Congress · 9 May 2001

American Servicemembers' Protection Act of 2001 - Prohibits U.S. cooperation with the International Criminal Court (including specified restrictions on U.S. military participation in United Nations (UN) peacekeeping and peace enforcement operations, transfer of U.S. classified national security information, and the provision of U.S. military assistance, with specified exceptions, to the Court and its members). Prescribes conditions for a presidential waiver of the prohibitions and requirements of this Act. Terminates such prohibitions and requirements upon the United States' becoming a party to the Court. Declares that the requirements of this Act shall not prohibit: (1) any action authorized by the President to bring about the release from captivity of any U.S. military personnel (covered U.S. persons) and certain other persons (covered allied persons) who are being detained or imprisoned against their will by or on behalf of the Court; (2) any other action taken by U.S. armed forces outside of the United States while engaged in military operations involving the threat or use of force to protect such personnel from harm or to ensure the success of such operations; or (3) communication by the United States to the Court of its policy with respect to a particular matter. Authorizes the President to use all means (including the provision of legal assistance) necessary to bring about the release of covered U.S. persons and covered allied persons held captive by or on behalf of the Court. Directs the President to report to appropriate congressional committees with respect to each military alliance to which the United States is a party: (1) describing the degree to which U.S. armed forces may be placed pursuant to the alliance under foreign control subject to the jurisdiction of the Court; and (2) evaluating the degree to which U.S. armed forces engaged in military operations pursuant to such alliance may be exposed to greater risks as a result of being placed under such foreign control. Authorizes funds withheld from the U.S. share of assessments to the UN or other international organizations pursuant to the Admiral James W. Nance and Meg Donovan Foreign Relations Authorization Act, Fiscal Years 2000 and 2001 to be transferred to the Embassy Security, Construction and Maintenance Account of the Department of State.

Bill· SS. 853 (107th)referred

Targeted Marriage Tax Penalty Relief Act of 2001

United States · United States Congress · 9 May 2001

Targeted Marriage Tax Penalty Relief Act of 2001 - Amends the Internal Revenue Code to allow, on joint returns, a limited credit. Provides for a decreased phaseout percentage of the earned income credit (thereby increasing the benefits of such credit) for individuals with qualifying children.

Bill· SS. 858 (107th)referred

Small Business Health Fairness Act of 2001

United States · United States Congress · 9 May 2001

Small Business Health Fairness Act of 2001 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to revise provisions relating to access and choice for small business employers with respect to medical care for their employees. Establishes rules governing association health plans (group health plans whose sponsors are trade, industry, professional, chamber of commerce, or similar business associations), including requirements relating to certification, sponsors and boards of trustees, participation, coverage, plan documents, contribution rates, benefit options, applications for certification, notice for voluntary termination, corrective actions, and mandatory termination. Requires association health plans which provide health benefits in addition to health insurance coverage to maintain certain reserves and comply with other solvency requirements. Directs the Secretary of Labor to apply for appointment, and carry out specified duties, as trustee of any such insolvent association health plans which provide health benefits in addition to health insurance coverage. Allows a State to impose a contribution tax on any association health plan commencing operations in such State after the enactment of this Act. Requires association health plans to include in their summary plan descriptions, in connection with each benefit option, a description of the form of any solvency or guarantee fund protection secured under ERISA or applicable State law. Revises requirements relating to treatment of: (1) single employer arrangements; and (2) certain collectively bargained arrangements. Sets forth requirements for association health plans with respect to: (1) enforcement; (2) cooperation between Federal and State authorities; and (3) treatment of certain existing health benefit programs.

Bill· SS. 850 (107th)referred

Child Support Fairness and Tax Refund Interception Act of 2001

United States · United States Congress · 9 May 2001

Child Support Fairness and Tax Refund Interception Act of 2001 - Amends title IV part D (Child Support and Establishment of Paternity) of the Social Security Act to provide for the use of the tax refund intercept program to collect past-due child support on behalf of children who are not minors.

Bill· HRH.R. 1777 (107th)referred

Higher Education Affordability and Fairness Act

United States · United States Congress · 9 May 2001

Higher Education Affordability and Fairness Act - Amends the Internal Revenue Code to allow a limited tax deduction for qualified higher education tuition and related expenses. Provides that the increase in the Lifetime Learning Credit to 20 percent of $10,000 of tuition from $5,000 of tuition shall be effective starting in 2002 rather than 2003. Directs the Comptroller General of the United States to conduct an annual study to examine whether the Federal income tax incentives to provide education assistance affect higher education tuition rates in order to identify if institutions of higher education are absorbing the intended savings by raising tuition rates. Expresses the sense of the House of Representatives that the maximum Pell Grant should be increased to $4,700 to pay approximately: (1) 20 percent of the tuition, fees, room and board, and other expenses of the average college; or (2) the tuition and fees of the average public college.

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