Taxation

North American Cooperative Security Act

United States · United States Congress · 26 May 2005

North American Cooperative Security Act - Directs the Secretary of State to provide a framework for enhanced security management, communication, and coordination among the United States, Canada, and Mexico. Directs the Secretary to report to the appropriate congressional committees every six months regarding: (1) security, cargo security, and the movement of goods; (2) border infrastructure and wait times; (3) security clearances and document integrity; (4) immigration and visa management; (5) visa policy coordination and immigration security; (6) North American visitor overstay program; (7) terrorist watch lists; (8) money laundering, income tax evasion, currency smuggling, and alien smuggling; (9) counterterrorism programs; (10) law enforcement cooperation; (11) biosecurity cooperation; (12) protection against nuclear and radiological threats; (13) emergency management cooperation; (14) cooperative energy policy; and (15) feasibility of a common external tariff and development assistance with Mexico. Authorizes the Secretary, in coordination with the Secretary of Homeland Security, to negotiate border-related information sharing agreements with Mexico. Directs the Secretary, in coordination with the Secretary of Homeland Security, to establish a program to: (1) improve Mexico's southern border security, including U.S., Canadian, and Mexican financial and technical assistance to Belize and Guatemala to help secure their borders; (2) establish a database to track Central American gangs; (3) examine the feasibility of an agreement with Panama and other Central American countries regarding the aerial interdiction program that in similar contexts is commonly referred to as Airbridge Denial; and (4) negotiate with other countries to accept the International Civil Aviation Organization Annex 9 one-time travel document in lieu of official travel documents if an inadmissible alien has not presented official travel documents or has presented fraudulent ones, and facilitate the removal and repatriation of inadmissible aliens from the United States, with a focus on criminal aliens who are dangerous or potential terrorists. Directs the Secretary of Defense to examine the feasibility of strengthening institutions for consultations on intelligence sharing and defense and border issues among the United States, Mexico, and Canada.

Policyholder Disaster Protection Act of 2005

United States · United States Congress · 26 May 2005

Policyholder Disaster Protection Act of 2005 - Amends the Internal Revenue Code to allow insurance companies (other than life insurance companies) to make tax deductible contributions to a tax-exempt policyholder disaster protection fund established by this Act for the payment of policyholders' claims arising from certain catastrophic events, such as windstorms, earthquakes, fires, or floods.

To amend the Small Business Act to increase the minimum Government-wide goal for procurement contracts awarded to small business concerns.

United States · United States Congress · 26 May 2005

Amends the Small Business Act to increase the Government-wide goal for procurement contracts awarded to small businesses owned and controlled by service-disabled veterans, qualified HUBZone small businesses, and small businesses owned and controlled by socially and economically disadvantaged individuals or women to 25 percent (currently 23 percent) of the total amount of Federal procurement contracts awarded in a fiscal year.

Cost Integrity and Fairness Act of 2005

United States · United States Congress · 26 May 2005

Cost Integrity and Fairness Act of 2005 - Amends the Internal Revenue Code to: (1) allow a refundable tax credit for the health insurance costs of a taxpayer, the taxpayer's spouse, and dependents; and (2) direct the Secretary of the Treasury to establish a program for making advance payments of credit amounts to health insurance providers.

Long-Term Care and Retirement Security Act of 2005

United States · United States Congress · 26 May 2005

Long-Term Care and Retirement Security Act of 2005 - Amends the Internal Revenue Code to: (1) allow a tax deduction from gross income for long-term care insurance premiums; (2) include long-term care insurance in employee benefit cafeteria plans and flexible spending arrangements; (3) allow a tax credit for certain long-term care costs; (4) set forth certain consumer protections for long-term care insurance contracts; and (5) allow tax free exchanges of long-term care insurance contracts.

To amend the Internal Revenue Code of 1986 to modify the determination and deduction of interest on qualified education loans.

United States · United States Congress · 26 May 2005

Amends the Internal Revenue Code to determine interest amounts on education loans initially disbursed after December 31, 2004, and treat such interest, with certain adjustments and restrictions, as tax deductible.

Qualified Personal Service Corporations Clarification Act of 2005

United States · United States Congress · 26 May 2005

Qualified Personal Service Corporations Clarification Act of 2005 - Amends the Internal Revenue Code to modify the criteria for determining whether a corporation is a qualified personal service corporation. Includes within the definition of qualified personal service corporation a qualifying corporation substantially all of whose stock is held by certain former employees (thus permitting such corporation to use the cash method of accounting).

Irrigation Subsidy Reduction Act of 2005

United States · United States Congress · 25 May 2005

Irrigation Subsidy Reduction Act of 2005 - Amends the Reclamation Reform Act of 1982 to direct the Secretary of the Interior, for each parcel of land to which irrigation water is delivered or proposed to be delivered, to identify a single individual or legal entity as the owner, lessee, or operator. Allows irrigation water to be delivered at less than the normal per-acre cost to either: (1) a qualified recipient that reports gross farm income from a single farm operation in excess of $500,000 per taxable year; or (2) a limited recipient that received such water on or before October 1, 1981, and that reports gross farm income in excess of such amount. Requires lessees (currently, only owners and operators) of an irrigation district to furnish such district a certification of compliance. Allows the Secretary to require a lessee or operator to submit for examination a copy of a tax return for any taxable year in which the single farm operation of the lessee or operator received irrigation water at less than full cost. Repeals a provision exempting from federal reclamation ownership and cost pricing limitations district lands held in trust for a beneficiary whose interests in the lands served do not exceed such limitations. Directs the Secretaries of the Interior, the Treasury, and Agriculture to enter into a memorandum of understanding to grant the Secretary of the Interior access to and use available information collected or maintained by either the Department of the Treasury or Agriculture that would aid in enforcing federal ownership and pricing limitations.

Expanding Charitable and Volunteer Opportunities Act

United States · United States Congress · 25 May 2005

Expanding Charitable and Volunteer Opportunities Act - Protects a business entity from federal or state civil liability for any injury or death resulting from the use of certain equipment donated by such entity to a tax-exempt charitable organization or from the operation of an aircraft or motor vehicle loaned to such charitable organization, unless such business entity is guilty of gross negligence or intentional misconduct. Protects a governmental or other entity from federal or state civil liability for personal injuries, property damage or loss, or death caused by fire control or fire rescue equipment which such entity donates to a volunteer fire company, unless such entity is guilty of gross negligence or intentional misconduct. Amends the Public Health Service Act to extend civil liability protections to certain medical practitioners (licensed physicians or clinical psychologists) who donate health care services to patients at health centers for medically underserved populations.

Diversity Visa Fairness Act of 2005

United States · United States Congress · 25 May 2005

Diversity Visa Fairness Act of 2005 - Amends the Immigration and and Nationality Act with respect to the diversity visa lottery program to permit an alien to remain eligible for a diversity visa or status adjustment beyond the fiscal year of acceptance if: (1) the visa or status adjustment was properly applied for during the fiscal year of selection; and (2) notice of application authorization was given through publication in the Visa Bulletin. Authorizes reopening of a prior fiscal year visa lottery application if: (1) the alien was eligible for, and properly applied for, status adjustment during FY1998-FY2004; (2) the application was denied because the Department of Homeland Security (DHS) or the Immigration and Naturalization Service (INS) failed to adjudicate the application during the fiscal year of application; (3) the alien moves to reopen the application; and (4) the alien has continuously resided in the United States since submitting the application.

No More Tulias: Drug Law Enforcement Evidentiary Standards Improvement Act of 2005

United States · United States Congress · 25 May 2005

No More Tulias: Drug Law Enforcement Evidentiary Standards Improvement Act of 2005 - Prohibits a state from receiving for a fiscal year any drug control and system improvement (Byrne) grant funds under the Omnibus Crime Control and Safe Streets Act of 1968, or any amount from any other law enforcement assistance program of the Department of Justice, unless the state does not fund any drug task forces for that fiscal year or the State has in effect laws that ensure that: (1) a person is not convicted of a drug offense unless the facts that a drug offense was committed and that the person committed that offense are supported by evidence other than the eyewitness testimony of a law enforcement officer (officer) or individuals acting on an officer's behalf; and (2) an officer does not participate in a drug task force unless that officer's honesty and integrity is evaluated and found to be at an appropriately high level. Provides for reallocation of sums not allocated by reason of this provision to states not so disqualified. Requires state recipients of funds to collect data for the last year funds were allocated regarding: (1) the racial distribution of charges made during that year; (2) the nature of the criminal law specified in the charges; and (3) the city or law enforcement jurisdiction in which the charge was made.

To require States to conduct DNA tests to ascertain the degree of genetic relatedness between two or more persons in accordance with a national standard.

United States · United States Congress · 25 May 2005

Amends the Social Security Act to require the Secretary of Health and Human Services to reduce by 10 percent the amount otherwise payable for a fiscal year to a state operating a program under an approved state plan for federal payments for foster care and adoption assistance upon finding that a state: (1) does not have in effect laws and procedures to ensure that every DNA test conducted pursuant to a court order to ascertain the degree of genetic relatedness between persons is conducted in accordance with regulations to be prescribed by the Secretary (including accreditation and certification requirements); or (2) does have such laws and procedures in effect but has not complied in conducting such a test. .

Religious Freedom Peace Tax Fund Act

United States · United States Congress · 25 May 2005

Religious Freedom Peace Tax Fund Act - Directs the Secretary of the Treasury to establish in the Treasury the Religious Freedom Peace Tax Fund for the deposit of income, gift, and estate taxes paid by or on behalf of taxpayers: (1) who are designated conscientious objectors opposed to participation in war in any form based upon the taxpayer's deeply held moral, ethical, or religious beliefs or training (within the meaning of the Military Selective Service Act); and (2) who have certified these beliefs in writing. Requires that funds in the Religious Freedom Peace Tax Fund be allocated annually to any appropriation not for a military purpose. Expresses the sense of Congress that any revenue increase resulting from the creation of the Religious Freedom Peace Tax Fund shall be allocated in a manner consistent with the purposes of the Fund.

Abusive Tax Shelter Shutdown and Taxpayer Accountability Act of 2005

United States · United States Congress · 25 May 2005

Abusive Tax Shelter Shutdown and Taxpayer Accountability Act of 2005 - Amends the Internal Revenue Code to revise or add provisions relating to tax shelter activity, including provisions to: (1) define "economic substance" for purposes of evaluating tax shelter transactions; (2) increase penalties for large entities and high net-worth individuals for failure to disclose certain tax shelter transactions; (3) impose penalties for understatements of tax due to transactions lacking economic substance; (4) deny material tax advisors a claim of privilege as to the identity of a client; (5) revise standards for the penalty for understatement of tax liability by income tax return preparers and increase the penalties for such understatements; (6) revise and increase the penalties for frivolous tax submissions; (7) deny a tax deduction for interest on underpayments of tax due to nondisclosed reportable transactions and transactions lacking economic substance; (8) expand the authority of the Secretary of the Treasury to disallow certain tax benefits arising from the acquisition of corporate stock; (9) modify certain passive loss rules for controlled foreign corporations; and (10) provide a rule for the reduction in basis of corporate stock for which certain extraordinary dividends are received.

Providing for consideration of the bill (H.R. 2528) making appropriations for military quality of life functions of the Department of Defense, military construction, the Department of Veterans Affairs, and related agencies for the fiscal year ending September 30, 2006, and for other purposes.

United States · United States Congress · 25 May 2005

Sets forth the rule for consideration of the bill (H.R. 2528) making appropriations for military quality of life functions of the Department of Defense, military construction, the Department of Veterans Affairs, and related agencies for the fiscal year ending September 30, 2006.

ECONOMIC DEVELOPMENT AND THE DORMANT COMMERCE CLAUSE: THE LESSONS OF CUNO V. DAIMLERCHRYSLER AND ITS EFFECT ON STATE TAXATION AFFECTING INTERSTATE COMMERCE

United States · United States House of Representatives · 24 May 2005

COMMERCE, JUSTICE, SCIENCE, AND RELATED AGENCIES APPROPRIATIONS FOR FISCAL YEAR 2006

United States · United States Senate · 24 May 2005

College 529 InvEST Act of 2005

United States · United States Congress · 24 May 2005

College 529 InvEST Act of 2005 - Makes permanent the provision relating to qualified tuition programs enacted by the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA).

A bill to amend the Internal Revenue Code of 1986 to allow Indian tribes to receive charitable contributions of inventory.

United States · United States Congress · 24 May 2005

Amends the Internal Revenue Code to allow corporations to make direct charitable contributions of inventory and other property to Indian tribes.

Foreign Relations Authorization Act, Fiscal Years 2006 and 2007

United States · United States Congress · 24 May 2005

Foreign Relations Authorization Act, Fiscal Years 2006 and 2007 - Authorizes appropriations to the Department of State for FY 2006 and 2007 for the administration of foreign affairs, international organizations and conferences, certain international commissions, and migration and refugee assistance. Amends federal criminal law to prescribe criminal penalties for interfering with the protective functions of special agents of the Department of State and the Foreign Service. Amends specified Foreign Service and State Department law regarding: (1) retention of medical reimbursements; (2) the Buying Power Maintenance account; (3) no obligation of the Secretary of State to convene an Accountability Review Board pertaining to certain destructive incidents at U.S. government missions in Afghanistan and Iraq; and (4) repeal of the prohibition against the eligibility of persons doing business with Libya for contracts under the Omnibus Diplomatic Security and Antiterrorism Act of 1986. Revises requirements for the organization and personnel of the Department of State, including: (1) education allowances, official residence expenses, increased limits applicable to post differentials and danger pay allowances, and an overseas equalization and comparability pay adjustment; (2) home leave after 12 (currently 18) months of continuous foreign service; (3) a Fellowship of Hope Program; (4) suspension without pay of a foreign service member when reasonable cause exists to believe the member has committed a crime liable to imprisonment; (5) death gratuity for the surviving dependents of a Foreign Service employee; (6) repeal of the recertification requirement for members of the Senior Foreign Service; and (7) limited appointments in the Foreign Service. Expresses congressional support for proposed changes to the career development program for members of the Senior Foreign Service. Urges the Secretary of State to make best efforts to establish U.S. consular posts in Pusan, South Korea, and Hat Yai, Thailand. Authorizes the Secretary to provide for U.S. participation in the Regional Emerging Disease Intervention (REDI) Center in Singapore. Extends the authorization of appropriations for the U.S. Commission on International Religious Freedom. Repeals the mandate that the United States retain ownership of the Palazzo Corpi building in Istanbul, Turkey, where the International Center for Middle Eastern-Western Dialogue is located. International Broadcasting Authorization Act, Fiscal Years 2006 and 2007 - Amends the United States International Broadcasting Act of 1994 to make annual grants available to the Middle East Broadcasting Networks. Makes broadcasting to Cuba independent of the Voice of America, and allows such broadcasts to use, under leasing agreements, the Amplitude Modulation (AM) band (currently prohibited), the Frequency Modulation (FM) band, and the Short-wave (SW) band. Establishes permanent authority for Radio Free Asia. Authorizes the Broadcasting Board of Governors to provide for payment of school expenses for dependents of broadcasting personnel stationed in the Commonwealth of the Northern Mariana Islands. Declares statements of policy relating to democracy in Iran, the dual gateway policy of the Government of Ireland, and a Trans-Sahara Counter Terrorism Initiative. Requires certain reports on Haiti, protection of refugees from North Korea, U.S. actions to encourage respect for human rights, services for children with autism at overseas missions, Internet jamming, and Department of State employment composition. Declares the sense of Congress on Korean Fulbright programs and the location of international institutions in Africa. Prohibits State Department participation in commemorations relating to leaders of Imperial Japan connected to the attack on Pearl Harbor on December 7, 1941.

Songwriters Capital Gains Tax Equity Act

United States · United States Congress · 24 May 2005

Songwriters Capital Gains Tax Equity Act - Amends the Internal Revenue Code to define certain self-created musical works or copyrights in musical works as capital assets eligible for capital gains tax treatment.

To amend the Internal Revenue Code of 1986 to make permanent the qualified tuition deduction at the 2005 levels.

United States · United States Congress · 24 May 2005

Amends the Internal Revenue Code to make permanent the tax deduction for qualified tuition and related expenses.

Medical Independence, Privacy, and Innovation Act of 2005

United States · United States Congress · 24 May 2005

Medical Independence, Privacy, and Innovation Act of 2005 - Amends the Internal Revenue Code to allow a taxpayer to deduct all uncompensated medical expenses paid for by the taxpayer (currently, only medical expenses exceeding 7.5% of the taxpayer's adjusted gross income are deductible). Sets forth the tax treatment for medical checking accounts, including: (1) exempting such accounts from certain taxes; (2) allowing individuals a deduction and a credit for contributions to such accounts; and (3) excluding from gross income any amounts paid or distributed from such an account which are used to pay qualified medical expenses of an account holder. Decreases the minimum annual deductibles under a high deductible health plan for purposes of health savings accounts or Archer medical savings accounts. Makes modifications to regulations regarding the privacy of individually identifiable health information. Requires the Secretary of Health and Human Services to promulgate the Universal Health Privacy Declaration to allow an individual to prohibit a health care provider from using or disclosing the individual's protected health information for treatment without prior consent. Amends the Federal Food, Drug, and Cosmetic Act to: (1) modify the definition of a drug to exclude articles intended for mitigation or prevention of disease in man or other animals; (2) remove the requirement that a new drug application must include information on the drug's effectiveness; and (3) specify patent information that must be included in an application for approval of a new drug. Prohibits the granting of an exclusive or partially exclusive license regarding an invention made with federal assistance, with certain exceptions. Revises provisions requiring promulgation of regulations permitting the importation of prescription drugs by deleting the requirement that such regulations include additional provisions the Secretary determines to be appropriate as a safeguard to protect the public health or facilitate importation.

Surface Transportation Extension Act of 2005

United States · United States Congress · 24 May 2005

Surface Transportation Extension Act of 2005 - Amends the Surface Transportation Extension Act of 2003 to extend through June 30, 2005, and in certain circumstances through FY 2004, authorizations for Federal highway, highway safety, motor carrier safety, transit, and other specified Federal-aid highway programs. Amends the Dingell-Johnson Sport Fish Restoration Act to extend through June 30, 2005, funding for national outreach and communications programs related to sport fishing and boating safety. Amends the Internal Revenue Code of 1986 to authorize until July 1, 2005, expenditures for obligations under the Transportation Equity Act for the 21st Century (TEA-21) from the following Accounts: (1) the Highway Trust Fund; (2) the Mass Transit Account; and (3) the Aquatic Resources Trust Fund. Extends through FY 2006 the taxable period for the excise tax on the use of certain heavy vehicles.

Providing for consideration of the bill (H.R. 1815) to authorize appropriations for fiscal year 2006 for military activities of the Department of Defense, to prescribe military personnel strengths for fiscal year 2006, and for other purposes.

United States · United States Congress · 24 May 2005

Sets forth the rule for consideration of the bill (H.R. 1815) to authorize appropriations for fiscal year 2006 for military activities of the Department of Defense, to prescribe military personnel strengths for fiscal year 2006.

Songwriters Capital Gains Tax Equity Act

United States · United States Congress · 23 May 2005

Songwriters Capital Gains Tax Equity Act - Amends the Internal Revenue Code to define certain self-created musical works or copyrights in musical works as capital assets eligible for capital gains tax treatment.

Individual Alternative Minimum Tax Repeal Act of 2005

United States · United States Congress · 23 May 2005

Individual Alternative Minimum Tax Repeal Act of 2005 - Amends the Internal Revenue Code to repeal the alternative minimum tax on individuals.

Telecommuter Tax Fairness Act of 2005

United States · United States Congress · 23 May 2005

Telecommuter Tax Fairness Act of 2005 - Restricts a State from imposing its income tax on the salary of a nonresident individual employed in such State to the period when such individual is physically present and working in such State. Prohibits a State from deeming such an individual to be present or working in such State on the grounds that such individual is present or working at home (in another State) for the individual's convenience.

Tax Simplification Act of 2005

United States · United States Congress · 23 May 2005

Tax Simplification Act of 2005 - Amends the Internal Revenue Code to replace the marginal income tax rates with a single rate of 19 percent (17 percent after December 31, 2007) on individual taxable income. Redefines "taxable income" to mean the amount by which wages, retirement distributions, and unemployment compensation exceed the standard deduction. Increases the basic standard deduction and includes an additional standard deduction for dependents. Includes in taxable income the taxable income of each dependent child under the age of 14. Replaces the current tax on corporations with a tax on every person engaged in a business activity equal to 19 percent (17 percent after December 31, 2007) of the business taxable income of such person. Makes the person engaged in the business activity liable for the tax, whether or not such person is an individual, a partnership, or a corporation. Imposes a tax of 19 percent (17 percent after December 31, 2007) on the value of excludable compensation provided during the year by an employer for the benefit of employees. Makes the employer liable for the tax. Repeals pension plan rules relating to : (1) non-discrimination; (2) contribution limits; and (3) restrictions on distributions. Revises rules relating to transfers of excess pension assets. Repeals: (1) the alternative minimum tax; (2) all income tax credits; (3) estate, gift, and generation-skipping transfer taxes; and (4) income tax provisions, except certain provisions relating to retirement distributions and tax-exempt organizations. Declares it not in order in the House of Representatives or the Senate, unless waived or suspended by a three-fifths vote, to consider any legislation that increases or adds an income tax rate, reduces the standard deduction, or provides any exclusion, deduction, credit, or other benefit that reduces federal revenues.

Telecommuter Tax Fairness Act of 2005

United States · United States Congress · 23 May 2005

Telecommuter Tax Fairness Act of 2005 - Restricts a State from imposing its income tax on the salary of a nonresident individual employed in such State to the period when such individual is physically present and working in such State. Prohibits a State from deeming such an individual to be present or working in such State on the grounds that such individual is present or working at home (in another State) for the individual's convenience.

Stop the Theft of Our Social Security Numbers Act of 2005

United States · United States Congress · 23 May 2005

Stop the Theft of Our Social Security Numbers Act of 2005 - Amends title XVIII (Medicare) of the Social Security Act to prohibit disclosure of an individual's Social Security number by the Department of Health and Human Services on Medicare-related mailings. Restricts the inclusion of such number in tax-related mailings to those where the number is in a sealed envelope or wrapper, and cannot be viewed without opening the envelope or wrapper.

Personal Philanthropy Account Act of 2005

United States · United States Congress · 23 May 2005

Personal Philanthropy Account Act of 2005 - Amends the Internal Revenue Code to allow a tax deduction (whether or not the taxpayer itemizes deductions) for cash contributions to a personal philanthropy account. Defines "personal philanthropy account" as a tax-exempt trust created to make distributions for charitable purposes. Sets forth rules providing for default charitable distributions in the event of an account holder's death and minimum annual distribution requirements. Allows an exclusion from the gross income of an employee for contributions made by an employer to the employee's personal philanthropy account.

Providing for consideration of the bill (H.R. 2419) making appropriations for energy and water development for the fiscal year ending September 30, 2006, and for other purposes purposes.

United States · United States Congress · 23 May 2005

Sets forth the rule for consideration of the bill (H.R. 2419) making appropriations for energy and water development for the fiscal year ending September 30, 2006, and for other purposes.

Research and Development Investment Act

United States · United States Congress · 20 May 2005

Research and Development Investment Act - Amends the Energy Policy Act of 1992 to: (1) direct the Secretary of Energy, if there are insufficient appropriations in any given year, to assign 60 percent of appropriated funds under the renewable energy production incentive program to facilities that use solar, wind, geothermal, or closed-loop biomass to generate electricity; (2) redefine "qualified renewable energy facility"; (3) extend the eligibility period for payments under the program through FY2015; (4) include landfill gas as a renewable energy resource; and (5) extend the termination date and program funding through FY2025. Amends the Internal Revenue Code to: (1) extend the tax credit for production of electricity from certain renewable resources until 2011; (2) include incremental geothermal and hydropower facilities as qualified energy resources for purposes of such credit; (3) allow a tax credit for 10 percent of residential solar and geothermal energy property expenditures; and (4) delay the phaseout of the tax deduction for clean-fuel vehicles and the tax credit for qualified electric vehicles until 2006.

DEPARTMENT OF THE INTERIOR AND RELATED AGENCIES APPROPRIATIONS FOR FISCAL YEAR 2006, PART 2

United States · United States Senate · 19 May 2005

End Child Poverty Act

United States · United States Congress · 19 May 2005

End Child Poverty Act - Establishes the Child Poverty Elimination Board to develop a plan for: (1) cutting child poverty in half within a decade; and (2) eliminating child poverty entirely as soon as possible. Requires the plan to include recommendations for allocations from a Child Poverty Elimination Trust Fund. Directs the President to review the Board's plan, issue a plan which is the same as the Board's except where there is good cause for a modification that would be more effective, ensure plan implementation, and work with Congress to insure funding of plan implementation. Amends the Internal Revenue Code to establish the Child Poverty Elimination Trust Fund. Transfers to such Fund an amount equal to revenue from a surtax which increases by one percent the tax imposed on that portion of adjusted gross income that exceeds the threshold amount of: (1) $1 million in the case of a joint return; or (2) $500,000 in the case of any other individual income tax return.

Landfill Gas-to-Energy Tax Credit Act

United States · United States Congress · 19 May 2005

Landfill Gas-to-Energy Tax Credit Act - Amends the Internal Revenue Code to: (1) extend until January 1, 2009, the eligibility of landfill gas facilities for the tax credit for the production of electricity from the biodegration of municipal solid waste; (2) modify the adjustment to the tax credit rate for landfill gas facilities; (3) allow an extension of the termination date applicable to the tax credit for landfill gas facilities for facilities placed in service before July 1, 2009, pursuant to a binding written contract in effect before January 1, 2009; and (4) allow a tax credit for the production of fuel from landfill gas facilities placed in service before such date.

A bill to amend the Internal Revenue Code of 1986 to extend the excise tax and income tax credits for the production of biodiesel.

United States · United States Congress · 19 May 2005

Amends the Internal Revenue Code to extend through December 31, 2010, the income tax credit for biodiesel used as fuel and the excise credits for biodiesel mixtures and biodiesel used to produce biodiesel mixtures.

A bill to amend the Internal Revenue Code of 1986 to provide a renewable liquid fuels tax credit, and for other purposes.

United States · United States Congress · 19 May 2005

Amends the Internal Revenue Code to allow: (1) a tax credit against the gasoline excise tax for renewable liquid fuels; and (2) a business tax credit for renewable liquid used as fuel. Defines "renewable liquid" as liquid hydrocarbons derived from certain waste and byproduct streams. Terminates such credits after 2010.

Waste-to-Energy Tax Credit Act

United States · United States Congress · 19 May 2005

Waste-to-Energy Tax Credit Act - Amends the Internal Revenue Code to: (1) extend until January 1, 2009, the eligibility of trash combustion facilities for the tax credit for the production of electricity from municipal solid waste; (2) modify the adjustment to the tax credit rate for trash combustion facilities; and (3) allow an extension of the termination date applicable to the tax credit for trash combustion facilities for facilities placed in service before July 1, 2009, pursuant to a binding written contract in effect before January 1, 2009.

Living Organ Donor Tax Credit Act of 2005

United States · United States Congress · 19 May 2005

Living Organ Donor Tax Credit Act of 2005 - Amends the Internal Revenue Code to allow a nonrefundable tax credit for a donation of a qualified life-saving organ for transplantation by a living individual into another individual. Defines "qualified life-saving organ" as a kidney, liver, lung, pancreas, intestine, bone marrow, or any part thereof. Limits the annual amount of such credit to $5,000 of the unreimbursed costs and lost wages incurred by an organ donor in connection with an organ transplant. Amends the Public Health Service Act to: (1) reduce federal living organ donation grants by any tax credit for organ donation received under this Act; and (2) provide that any such tax credit not be deemed valuable consideration for purposes of the ban against organ purchases.

To amend the Internal Revenue Code of 1986 to extend the tax incentives for the use of biodiesel through 2010.

United States · United States Congress · 19 May 2005

Amends the Internal Revenue Code to extend through December 31, 2010, the income tax credit for biodiesel used as fuel and the excise credits for biodiesel mixtures and biodiesel used to produce biodiesel mixtures.

Historic Rehabilitation Enhancement Act of 2005

United States · United States Congress · 19 May 2005

Historic Rehabilitation Enhancement Act of 2005 - Provides that: (1) the receipt of a state historic tax credit and the transfer, disposition, or refund of such credit shall not constitute income for income tax purposes, unless the taxpayer elects to include such tax credit amount in income; (2) the adjusted basis of property for which a state historic tax credit is allowed shall be reduced by the tax credit amount; and (3) the transfer or disposition of the state historic tax credit shall not affect or reduce qualified rehabilitation expenditures under the rehabilitation tax credit or trigger recapture of income.

Digital Opportunity Investment Trust Act

United States · United States Congress · 19 May 2005

Digital Opportunity Investment Trust Act - Amends the Communications Act of 1934 to establish the Digital Opportunity Investment Trust, which shall receive 30 percent of the proceeds received by the federal government each fiscal year quarter through FY 2028 from any use of the publicly owned electromagnetic spectrum after September 30, 2007. Establishes: (1) a Board to oversee administration of the Trust; and (2) a Director of the Trust. Sets forth authorized Trust uses.

Intelligence Authorization Act for Fiscal Year 2006

United States · United States Congress · 19 May 2005

Intelligence Authorization Act for Fiscal Year 2006 - Authorizes appropriations for FY 2006 for the conduct of intelligence and intelligence-related activities of the: (1) Office of the Director of National Intelligence; (2) Central Intelligence Agency (CIA); (3) Department of Defense (DOD); (4) Defense Intelligence Agency; (5) National Security Agency (NSA); (6) Departments of the Army, Navy, and Air Force; (7) Departments of State, the Treasury, Energy, and Justice; (8) Federal Bureau of Investigation (FBI); (9) National Reconnaissance Office; (10) National Geospatial-Intelligence Agency; (11) Coast Guard; and (12) Department of Homeland Security. Specifies that the amounts authorized and the authorized personnel ceilings as of September 30, 2006, for such activities are those specified in the classified Schedule of Authorizations, which shall be made available to the Senate and House Appropriations Committees and the President. Allows the Director of Central Intelligence, with the approval of the Director of the Office of Management and Budget, to authorize employment of civilian personnel in excess of the number authorized for FY 2006 when necessary for the performance of important intelligence functions. Requires notification of the congressional intelligence committees on the use of such authority. Authorizes appropriations for the Intelligence Community Management Account for FY 2006, as well as for full-time personnel for elements within such Account. Authorizes appropriations for FY 2006 for the Central Intelligence Agency Retirement and Disability Fund. Specifies that the authorization of appropriations by this Act shall not be deemed to constitute authority for the conduct of any intelligence activity which is not otherwise authorized by the Constitution or laws of the United States.

To authorize an annual appropriation of $10,000,000 for mental health courts through fiscal year 2011.

United States · United States Congress · 19 May 2005

Amends the Omnibus Crime Control and Safe Streets Act of 1968 to authorize appropriations for mental health courts from FY2006-2011.

Dietary Supplement Tax Fairness Act of 2005

United States · United States Congress · 19 May 2005

Dietary Supplement Tax Fairness Act of 2005 - Amends the Internal Revenue Code to treat amounts paid for foods for special dietary use, dietary supplements, and medical foods as medical expenses for purposes of the medical expense tax deduction.

To amend the Internal Revenue Code of 1986 to exclude from gross income gain on the sale of certain residential leased-fee interests to holders of the leasehold rights.

United States · United States Congress · 19 May 2005

Amends the Internal Revenue Code to exclude from gross income gain from the sale of certain residential leased-fee interests to a holder of the leasehold right if such holder is: (1) a lessee of a residential house lot; (2) a lessee of a multi-family residential leasehold unit; (3) an association of apartment owners of a multi-family residential leasehold property; or (4) a cooperative housing corporation for a residential leasehold property.

Hearing Aid Assistance Tax Credit Act

United States · United States Congress · 18 May 2005

Hearing Aid Assistance Tax Credit Act - Amends the Internal Revenue Code to allow a nonrefundable income tax credit of up to $500 for the purchase of a qualified hearing aid for an individual who is either: (1) age 55 or older; or (2) is claimed as a dependent of the taxpayer.

Economic Development Act of 2005

United States · United States Congress · 18 May 2005

Economic Development Act of 2005 - Authorizes any State to provide to any person for economic development purposes tax incentives that otherwise would be the cause of discrimination against interstate commerce under the Commerce Clause of the Constitution. Makes exceptions for any incentive that: (1) is dependent upon State or country of incorporation, commercial domicile, or residence of an individual; (2) requires the recipient to acquire, lease, license, use, or provide services to property created in the State; (3) is reduced or eliminated as a result of an increase in out-of-State activity by the recipient or other person or as a result of such other person not having a taxable presence in the State; (4) results in loss of a compensating tax system, because the tax on interstate commerce exceeds the tax on intrastate commerce; (5) requires that other taxing jurisdictions offer reciprocal tax benefits; or (6) requires that a tax incentive earned with respect to one tax can only be used to reduce a tax burden for, or provide a tax benefit against any other tax that is not imposed on, apportioned interstate activities.