Records whose title is actually about this topic. Use a country filter if the list is still too broad.
Records
Bill· HRH.R. 4909 (109th)referred
United States · United States Congress · 8 March 2006
Trade Sanction Avoidance Act of 2006 - Amends the American Jobs Creation Act of 2004 to repeal provisions allowing: (1) a phase in of the repeal of the tax exclusion for extraterritorial income in 2005 and 2006; and (2) an exemption from such repeal for binding contracts in effect on September 17, 2003. Amends the FSC Repeal and Extraterritorial Income Exclusion Act of 2000 to repeal the exemption for certain existing foreign sales corporations from the repeal of tax rules relating to such corporations.
Report· HearingS.Hrg.109published
United States · United States Senate · 7 March 2006
Report· HearingS.Hrg.109-301 Part 2published
United States · United States Senate · 7 March 2006
Bill· SS. 2382 (109th)referred
United States · United States Congress · 7 March 2006
Small Employers Health Benefits Program Act of 2006 - Directs the Office of Personnel Management to administer a separate health insurance program for non-federal employees who are either self-employed or employees of a small business with fewer than 100 employees. Allows the Office to contract with carriers to provide health insurance under this Act. Requires the Office to ensure that a range of health benefits plans are provided, including one that provides the same benefits as the government-wide plan available to federal employees. Requires a carrier to determine the amount of premiums to assess for coverage based on a community rate that may be annually adjusted based on geographic area, family status, and age. Prohibits varying premium rates based on health-status related factors, gender, class of business, or claims experience. Permits the Office to reimburse a carrier for costs that exceed premiums received by a specified percentage. Requires a carrier to make payments to a contingency reserve fund established by the Office if the carrier's costs are lower than expected by a specified percentage. Allows the Office to use such funds to provide assistance to carriers that experience unanticipated financial hardships. Requires the Office to establish a reinsurance fund to provide payments to carriers that experience a catastrophic claim (a claim over $50,000) for benefits provided to an individual enrolled under this Act. Allows a participating employer to offer supplemental coverage options to employees for excepted benefits that are not subject to the Public Health Service Act requirements for health plans. Authorizes the Office to contract with entities to administer this health program regionally. Allows certain benefits to be offered to Medicare beneficiaries. Requires the Office to implement a public education campaign regarding this health insurance program. Allows a refundable tax credit for health insurance expenses of small employers who pay a specific percentage of employee expenses under such a health plan.
Bill· SS. 2379 (109th)referred
United States · United States Congress · 7 March 2006
Amends the Internal Revenue Code to allow individual taxpayers a tax deduction from gross income (available to itemizing and non-itemizing taxpayers) for the cost of health care insurance, including long-term care insurance, for such taxpayer, the taxpayer's spouse, and dependents. Disallows such tax deduction for taxpayers participating in an employer-paid health care plan or for taxpayers who have health care coverage under certain federal assistance programs.
Bill· HRH.R. 4884 (109th)referred
United States · United States Congress · 7 March 2006
No Special Deals for Executives Act of 2006 - Amends the Internal Revenue Code to require any participant in a tax-exempt defined benefit plan which has a funding target attainment percentage of less than 80% to include in gross income the value of assets set aside to pay deferred compensation under a nonqualified deferred compensation plan of the employer maintaining the defined benefit plan.
Bill· HRH.R. 4887 (109th)referred
United States · United States Congress · 7 March 2006
Amends the Internal Revenue Code to exclude from gross income amounts awarded to a plaintiff in a qui tam action (a civil action brought by a private citizen on behalf of a governmental entity alleging fraud or misuse of government funds by contractors or other individuals).
Bill· HRH.R. 4889 (109th)referred
United States · United States Congress · 7 March 2006
Separate Enrollment and Line Item Veto Act of 2006 - Prohibits the congressional appropriations committees from reporting any appropriations measure that fails to contain the same level of detail on the allocation of a proposed item of appropriations set forth in the accompanying committee report. Prohibits any congressional committee from reporting an authorization measure that contains new direct spending or a new limited tax benefit unless it presents each as a separate item, and the accompanying committee report contains a level of detail clearly indentifying its allocation. Prohibits a conference committee from filing a conference report that fails to contain the level of detail and the separate itemization of each direct spending or limited tax benefit required by this Act. Makes it out of order in the House to consider any measure reported or presented in violation of this Act. Provides for separate enrollment of each item of every appropriation and authorization measure containing new direct spending or new targeted tax benefits passed by Congress in the same form. Requires the Joint Committee on Taxation toidentify any limited tax benefits contained in any revenue or reconciliation measure amending the Internal Revenue Code that is being prepared for filing by a conference committee. Makes it out of order to consider any measure containing an emergency designation if it also provides an appropriation or direct spending for any other item or contains any other matter. Allows the measure to contain rescissions of budget authority or reductions of direct spending, or reduce amounts for that emergency. Provides for expedited judicial review of this Act. Requires the President to submit legislation for the periodic review, reauthorization, and sunset of tax expenditures with his FY2008 budget. Makes it out of order in the House to consider any measure containing a tax expenditure unless it terminates the tax expenditure within 10 years.
Law· SS. 2370 (109th)enacted
United States · United States Congress · 6 March 2006
Palestinian Anti-Terrorism Act of 2006 - States that it shall be U.S. policy to: (1) support a peaceful, two-state solution to the conflict between Israel and the Palestinians in accordance with the Performance-Based Roadmap to a Permanent Two-State Solution to the Israeli-Palestinian Conflict (Roadmap), and oppose those organizations, individuals, and countries that support terrorism and violently reject such two-state solution; (2) promote democracy and the cessation of terrorism and incitement in institutions and territories controlled by the Palestinian Authority (PA); and (3) urge members of the international community to avoid contact with and refrain from financially supporting the terrorist organization Hamas until it agrees to recognize Israel, renounce violence, disarm, and accept prior agreements, including the Roadmap. Amends the the Foreign Assistance Act of 1961 to provide assistance under such Act to the PA only during a period for which a presidential certification has determined that: (1) no PA ministry, agency, or instrumentality is controlled by Hamas unless Hamas has publicly acknowledged Israel's right to exist as a Jewish state and is adhering to all previous agreements and understandings with the United States, Israel, and the international community, including agreements and understandings pursuant to the Roadmap; and (2) the PA has made demonstrable progress toward purging from its security services individuals with ties to terrorism, dismantling all terrorist infrastructure and cooperating with Israel's security services, halting anti-American and anti-Israel incitement, and ensuring democracy and financial transparency. Directs the President to make and transmit such certifications to Congress every six months. Provides for, and sets forth the conditions under which, the President may waive such limitations for national security reasons. Prohibits during a period in which a certification is is not in effect (period) with respect to the PA: (1) assistance under this Act to nongovernmental organizations for the West Bank and Gaza (exempts assistance for basic human needs, promotion of democracy, or for national security interests from such limitation); and (2) establishment of an office, headquarters, premises, or other facilities within U.S. jurisdiction at the direction of, or with funds provided by, the PA (with a national security waiver). Expresses the sense of Congress that during any such period the territory controlled by the PA should be deemed to be in use as a terrorist sanctuary for purposes of the Export Administration Act of 1979, and of the Foreign Relations Authorization Act, Fiscal Years 1988 and 1989. States that during any such period: (1) a visa should not be issued to any alien who is an official of, affiliated with, or serving as a PA representative, other than the President of the PA and his or her personal representatives, provided that the President of the PA and such personal representatives are not affiliated with Hamas or any other foreign terrorist organization; (2) the President should restrict the travel of PA and Palestine Liberation Organization (PLO) officials and representatives, other than the President of the PA and his or her personal representatives, provided that the President of the PA and such personal representatives are not affiliated with Hamas or any other foreign terrorist organization, who are stationed at the United Nations in New York City to a 25-mile radius of the U.N. headquarters building; and (3) the President should direct the executive director at each international financial institution to use U.S. influence to prohibit assistance to the PA (exempts assistance for basic human needs and promotion of democracy from such limitation). Prohibits funds for the State Department from being used by any U.S. officer or employee to negotiate with members or official representatives of Hamas, Palestinian Islamic Jihad, the Popular Front for the Liberation of Palestine, al-Aqsa Martyrs Brigade, or any other Palestinian terrorist organization (except in emergency or humanitarian situations) until such organization: (1) recognizes Israel's right to exist; (2) renounces terrorism; (3) dismantles the terrorist infrastructure; and (4) recognizes all previous agreements and understandings between Israel and the PA.
Bill· SS. 2372 (109th)referred
United States · United States Congress · 6 March 2006
Expedited Budget Item Veto Review Act of 2006 - Amends the Congressional Budget and Impoundment Control Act of 1974 to provide for the expedited consideration of certain proposed cancellations of appropriations, new direct spending, and limited tax benefits.
Bill· SS. 2368 (109th)referred
United States · United States Congress · 3 March 2006
Border Security and Interior Enforcement Improvement Act of 2006 - Provides for construction of fencing and security improvements in the border area from the Pacific Ocean to the Gulf of Mexico. Provides for increases in: (1) border patrol agents; (2) Department of Defense (DOD) surveillance equipment along the southern border; (3) Customs and Border Patrol officers; and (4) Department of Homeland Security (DHS) immigration and worksite enforcement personnel and Department of Justice immigration attorneys and judges Revises and extends implementation deadlines for the integrated entry and exit data system. Requires: (1) state and local law enforcement agencies to provide DHS with specified information about apprehended illegal aliens; and (2) U.S. attorneys to determine the immigration status of persons charged with a federal offense. Provides for: (1) increased federal detention space and utilization of DOD installations identified for closure; (2) transfer of illegal aliens from state or local custody to federal custody; (3) listing of immigration violators in the National Crime Information Center database; (4) federal reimbursement of state and local detention and transportation costs; (5) continuation of the institutional removal program (IRP), its expansion to all states, and a private right of action to remedy a violation of its enforcement by state or local authorities; and (6) immigration-related training for state and local personnel. States that state and local law enforcement personnel are fully authorized to investigate, apprehend, or transfer to federal custody aliens in the United States (including interstate transportation of such aliens to detention centers) in order to assist in the enforcement of U.S. immigration laws. Sets forth limitations on visa issuance and validity; including: (1) visa curtailment for aliens from countries denying or delaying repatriation of their nationals; (2) elimination of the diversity immigrant program; (3) barring terrorists from naturalization; and (4) prohibiting immigration benefits to an alien who poses a security threat, is under investigation for removal, or for whom background checks have not been completed. Makes participation in racial, religious, national, or political persecution grounds for inadmissibility or deportation. Revises provisions respecting foreign student information collection. Employment Security Act of 2006 - Directs the Secretary of Homeland Security to establish, and sets forth the provisions for, an employment eligibility verification system. Expands the employment eligibility verification system to include: (1) previously hired individuals; and (2) recruitment and referral. Makes employer participation in the basic pilot program mandatory two years after enactment of this Act. Provides protection for individuals reporting immigration law violations. Revises and increases civil and criminal penalties for knowingly hiring unauthorized aliens. Bars repeat hiring offenders from government contract eligibility for two years. Provides for certain information sharing among the Social Security Administration (SSA), the Internal Revenue Service (IRS), and DHS. Makes an illegal alien ineligible for nonresident alien tax status. Prohibits a deduction for compensation paid to an unauthorized worker. Requires that by October 26, 2007, every document, other than an interim document, issued by the Secretary which may be used as evidence of immigrant, nonimmigrant, parole, asylee, or refugee status, be machine-readable, tamper-resistant, and incorporate a biometric identifier. Excludes unauthorized employment or unauthorized functions and services from trade or business from social security employment or self-employment computation. Revises provisions respecting: (1) alien smuggling offenses and penalties, including establishing extraterritorial jurisdiction over such offenses; and (2) marriage fraud. Establishes in the Treasury the Employer Compliance Fund. Revises (and increases) penalty provisions respecting: (1) reentry of removed aliens; (2) document fraud; (3) benefit fraud; (4) false citizenship claims; and (5) social security number misuse. Makes criminal street gang members inadmissible and deportable. Requires mandatory detention of aliens subject to removal based upon criminal street gang membership. Makes such aliens ineligible for asylum, temporary protected status, and protection from removal to certain countries. Revises specified voluntary departure, detention, and removal provisions. Provides for: (1) expedited removal of certain criminal aliens; and (2) detention alternative pilot programs. Provides that an alien who is neither a flight nor a security risk may be released pending a removal hearing by posting a bond of: (1) not less than $5,000; or (2) not less than $3,000 if a Canadian or Mexican national. Revises and enhances detention provisions for certain dangerous aliens subject to removal, including establishment of a detention review process for cooperating aliens.
Bill· SS. 2366 (109th)referred
United States · United States Congress · 3 March 2006
Amends the Internal Revenue Code to repeal provisions of the low income housing tax credit requiring a bond to cover recapture amounts from the disposition, prior to a 15-year compliance period, of a building (or interest therein) eligible for the credit. Provides for a three-year statute of limitation (from the end of the compliance period) for assessing a recapture deficiency. Requires owners of buildings eligible for the low income housing tax credit to file informational returns with the Secretary of the Treasury upon the occurrence of a recapture event and to provide persons who are named in such returns with specified information. Imposes penalties for failure to file required returns.
Report· HearingH.Hrg.109published
United States · United States House of Representatives · 2 March 2006
Report· HearingH.Hrg.109published
United States · United States House of Representatives · 2 March 2006
Report· HearingS.Hrg.109-330 Part 7published
United States · United States Senate · 2 March 2006
Report· HearingS.Hrg.109-295 Part 5published
United States · United States Senate · 2 March 2006
Report· HearingS.Hrg.109-436published
United States · United States Senate · 2 March 2006
Report· HearingS.Hrg.109published
United States · United States Senate · 2 March 2006
Report· HearingS.Hrg.109published
United States · United States Senate · 2 March 2006
Bill· SS. 2357 (109th)referred
United States · United States Congress · 2 March 2006
Right Time to Reinvest in America's Competitiveness and Knowledge Act or Right TRACK Act - Amends specified federal laws to establish: (1) the Presidential Research and Development Advisory Committee to advise the President on the allocation of federal resources in education and technology development; and (2) an interagency working group to develop collaborative research in biomedical, science, engineering, and technology research. Makes permanent the extension of a research and development (R&D) tax credit. Authorizes appropriations for FY2007-FY2013 to increase funding of R&D activities of certain federal agencies. Allows a tax credit for the purchase of nanotechnology developer stocks. Establishes a national broadband policy for improving and expanding broadband access in the United States by 2010. Sets forth reauthorizations for Amtrak. America's Better Classroom Act of 2005 - Allows a tax credit to holders of qualified public school modernization bonds. New National Defense Education Act - Requires a biennial national assessment of student achievement and grade 12 student preparedness in reading, mathematics, and science. Authorizes prekindergarten through grade 16 student preparedness council grants to states to ensure a state's academic content and student academic achievement standards and assessments meet certain benchmarks. Makes competitive grants to institutions of higher education to improve the recruitment of teachers from students majoring in mathematics, science, engineering, technology, or a critical-need foreign language. Requires an eligible state to provide contract for educational opportunity (CEO) grants to low-income students who complete CEO requirements and enroll in a two-or four-year degree-granting institution of higher education. Provides for grants to: (1) improve mathematics, science, and engineering and technology education infrastructure in public elementary schools and secondary schools and to provide scholarships to make higher education tuition free for low-income and middle-income undergraduate and graduate students to earn degrees in science, technology, engineering, mathematics, and critical-need foreign languages; and (2) develop programs that expose public elementary and secondary school, undergraduate, and graduate students to foreign languages and cultures. Requires an employer to give 90-day notice before ordering the offshoring of jobs. Defines as foreign base company income and taxable as subpart F income any imported property income derived by a foreign corporation in a taxable year. United States Workers Protection Act of 2006 - Prohibits: (1) outsourced federal government work or a contract for the procurement of goods or services from being performed outside the United States unless certain requirements are met; and (2) the disbursement of federal funds to a state if any of the funds will be spent for goods or services performed outside the United States. Limits the application of certain trade authorities procedures implementing bilateral or regional trade agreements unless such agreements prohibit forced and compulsory labor and child labor. Imposes an additional duty on any article from a country that manipulates the rate of exchange between its currency and the U.S. dollar unless the President certifies to Congress that such country is no longer manipulating the rate to gain an unfair competitive advantage in international trade. Global Worker Fairness Act - Establishes a wage insurance program for workers displaced due to unfair trade competition. Trade Adjustment Assistance Equity for Service Workers Act of 2006 - Extends trade adjustment assistance (TAA) to workers in a service sector firm or a public agency. Authorizes the payment of amounts for training of adversely affected workers due to unfair trade competition through FY2012. Workers Equity Act - Permits TAA where an employer has shifted production of like articles to a foreign country that has been extended permanent normal trade relations by the United States. Establishes an Office of Community Trade Adjustment in the Department of Commerce to coordinate the federal response to economic dislocation. Employee Free Choice Act - Certifies a bargaining representative without directing an election if a majority of the bargaining unit employees have authorized designation of the representative and there is no other currently certified or recognized exclusive employee representative. Fair Minimum Wage Act of 2006 - Sets forth graduated increases of the federal minimum wage up to $7.25 an hour.
Bill· HRH.R. 4858 (109th)referred
United States · United States Congress · 2 March 2006
Katrina Health Access, Recovery, and Empowerment Act of 2006 - Requires the Secretary of Health and Human Services to provide low-interest loans to small business concerns located in a Hurricane Katrina-affected area for the restoration of health care and health care services. Provides for tax credits, deductions, and grants for medical malpractice insurance and medical liability insurance for providers located in such areas. Amends the Public Health Service Act to require the Secretary to make payments from the Health Safety Net Infrastructure Trust Fund (established under this Act) for capital financing assistance to eligible health care facilities located in such an area for replacement, modernization and renovation projects, and capital equipment acquisition. Requires the Secretary to enter into cooperative agreements to enable higher education institutions in such an area to resume health care-related programs. Requires the Secretary, acting through the Administrator of the Health Resources and Services Administration (HRSA) and the Director of the Office of Minority Health, to designate as medically needy Katrina recovery zones areas located in a Hurricane Katrina-affected area that experience disproportionate racial and ethnic disparities in health status and health care. Provides for grants to: (1) such recovery zones; (2) public health facilities for constructing, modernizing, or repairing health facilities damaged as a result of Hurricane Katrina; and (3) organizations in a Hurricane Katrina-affected area seeking to improve health of minorities and reduce health disparities. Requires states to provide Disaster Relief Medicaid Assistance to Katrina survivors as a condition of participation in the Medicaid program.
Bill· HRH.R. 4854 (109th)referred
United States · United States Congress · 2 March 2006
Rural Communities Investment Act of 2006 - Amends the Internal Revenue Code to exclude from gross income interest received by a bank or savings association insured under the Federal Deposit Insurance Act on a loan acquired to purchase or improve rural housing and secured by rural housing or by a leasehold mortgage on such housing. Defines "rural housing" as any single family principal residence located in a rural area.
Bill· HRH.R. 4868 (109th)referred
United States · United States Congress · 2 March 2006
Amends the Internal Revenue Code to allow a business tax credit for up to 10% of the wages paid to nonimmigrant H-2A workers (temporary agricultural workers).
Bill· HRH.R. 4872 (109th)referred
United States · United States Congress · 2 March 2006
Treat Physicians Fairly Act of 2006 - Amends the Internal Revenue Code to allow medical care providers a tax credit and hospitals a tax deduction for all uncompensated emergency medical care which is not paid within six months after such care is provided.
Bill· HRH.R. 4862 (109th)referred
United States · United States Congress · 2 March 2006
Internet Consumer Protection Act of 2005 [sic] - Amends the Internet Tax Freedom Act to make permanent the ban on state taxation of Internet access and on multiple or discriminatory taxes on electronic commerce. Repeals provisions permitting states with Internet tax laws enacted prior to the ban on Internet taxes to continue enforcing such laws.
Bill· HRH.R. 4845 (109th)referred
United States · United States Congress · 2 March 2006
Innovation and Competitiveness Act - Business Activity Tax Simplification Act of 2006 - Amends federal law concerning the power of a state to impose a net income tax on income derived from interstate commerce to extend the exemption from such tax with respect to solicitations for, and sales of, tangible personal property shipped from outside the state to all other forms of property, services, and other transactions fulfilled from a point outside the state. Makes such net income tax prohibitions applicable to other business activity taxes specified by this Act. Prohibits imposing a net income tax or other business activity tax on a person's activities in interstate commerce unless such person has a physical presence in the state during the taxable period with respect to which the tax is imposed. Lawsuit Abuse Reduction Act of 2006- Amends Rule 11 of the Federal Rules of Civil Procedure (Signing of Pleadings, Motions, and Other Papers; Representations to Court; Sanctions) with respect to mandatory court sanctions for frivolous lawsuits and award of attorney's fees to parties prevailing on Rule 11 motions. Applies Rule 11 to state civil actions that substantially affect interstate commerce. Requires personal injury claims filed in state or federal court to be filed in the county or federal district meeting specified requirements. Requires a federal district court to suspend from the practice of law for one year (or longer, at the court's discretion) an attorney found to have violated Rule 11 three or more times. Establishes a rebuttable presumption that an attempt to litigate a claim or defense involving the same plaintiff and defendant that has been litigated and lost on three consecutive prior occasions is a Rule 11 violation. Imposes additional sanctions for the willful and intentional destruction of documents highly relevant to a federal court proceeding. Requires public disclosure of the record of a Rule 11 proceeding, except in specified circumstances. Amends the Higher Education Act of 1965 to replace the Robert C. Byrd Honors Scholarship program with an Innovation Scholarship program. Authorizes the Secretary of Education to: (1) award funds to a private nonprofit organization to administer, through a public-private partnership, a Mathematics and Science Honors Scholarships program for postsecondary and graduate students who commit to five consecutive years of service in a science, engineering, or mathematics field; (2) cover the student loan interest obligations of mathematics, science, or engineering professionals and elementary and secondary school teachers who commit to five consecutive years of service in such positions; and (3) award grants to states to establish, expand, or reform state mathematics and science education coordinating councils where education, business, and community leaders collaborate to improve teacher recruitment and training and student performance in science, technology, engineering, and mathematics. Investment in America Act of 2006 - Amends the Internal Revenue Code to: (1) make permanent the tax credit for increasing research activities; (2) increase the rates of the alternative incremental tax credit for research activities; and (3) allow a taxpayer to elect an alternative simplified tax credit for certain research expenses. Health Care Choice Act of 2006 - Amends the Public Health Service Act to apply the laws of the primary state (as designated by the health insurance issuer) to individual health insurance coverage offered by that issuer in both the primary state and any secondary state if the coverage and issuer meet certain requirements. Health Information Technology Promotion Act of 2006 - Amends the Public Health Service Act to establish the Office of the National Coordinator for Health Information Technology to oversee the nationwide implementation of interoperable health information technology. Amends title XI of the Social Security Act to provide for establishment of uniform confidentiality and security standards with respect to individually identifiable patient health information. Prohibits the Federal Communications Commission (FCC) from taking any action to impede the development of seamless mobility (the ability of a user and a user's connecting devices to move easily among Internet-protocol enabled technology platforms, facilities, and networks).
Bill· HRH.R. 4873 (109th)referred
United States · United States Congress · 2 March 2006
Amends the Internal Revenue Code to: (1) rename the low-income housing tax credit as the affordable housing credit; (2) revise the applicable percentage rates for the credit; (3) increase the credit for low-income buildings that are part of state-designated projects; (4) allow the credit for buildings eligible for moderate rehabilitation assistance under the U.S. Housing Act of 1937; (5) repeal certain repayment requirements for qualified mortgage revenue bond issues; (6) qualify displaced homemakers, single parents, and certain disaster victims for mortgage revenue bond-financed first-time home loans; (7) repeal rules requiring recapture of income from sales of low-income buildings that are reasonably expected to be operated on a low-income basis; (8) impose recapture reporting requirements on owners of qualified low-income buildings eligible for housing credits; (9) exempt affordable housing tax credit amounts from the alternative minimum tax; and (10) exempt interest on certain exempt private activity bonds, qualified mortgage revenue bonds, qualified veterans' mortgage bonds, and certain exempt facility bonds used for residential rental projects from the alternative minimum tax.
Bill· HRH.R. 4853 (109th)referred
United States · United States Congress · 2 March 2006
Excess War Profits Act of 2006 - Amends the Internal Revenue Code to impose an additional tax of 15% of taxable income attributable to contracts with the United States specifically for goods or services for the war in Iraq. Exempts amounts received by members of the U.S. Armed Forces or federal employees for their services from such tax.
Bill· HRH.R. 4866 (109th)referred
United States · United States Congress · 2 March 2006
Promote Responsibility by Improving Development Education Act of 2006 - Character Education Act of 2006 - Amends the Elementary and Secondary Education Act of 1965 to increase the amount authorized to be appropriated in FY2007 for the Fund for the Improvement of Education. Reserves a specified amount of such Fund's appropriations in FY2007 and FY2008 for the Partnerships in Character Education program. Directs the Comptroller General to develop a model state character education curriculum. Childhood Adoption Act of 2006 - Amends the Internal Revenue Code to increase the tax credit for adoption expenses and make it refundable. Increases the tax exclusion for employer-paid adoption expenses. Amends title IV, part E (Federal Payments for Foster Care and Adoption Assistance) of the Social Security Act to increase the levels of adoption incentive payments to states and the FY2006-FY2008 authorization of appropriations for such payments. Borrower's Bill of Rights Act - Creates the position of Assistant Secretary for Financial Education in the Department of the Treasury. Amends the Financial Literacy and Education Improvement Act to direct such Secretary to establish a financial literacy pilot program for middle and high school students. Amends the Truth in Lending Act to: (1) require that mandatory disclosures governing loan transactions be easy for consumers to comprehend; (2) prohibit loan flipping and mandatory arbitration; (3) lower the interest rate threshold for high-cost mortgages; (4) require creditors to ensure that consumers receive counseling before extending credit to them under high-cost mortgages; and (5) limit the rollover or refinancing of payday loans with the same creditor. Amends the Depository Institutions Deregulation and Monetary Control Act of 1980 to repeal the preemption of state mortgage usury laws. Amends the Federal Deposit Insurance Act and the Federal Credit Union Act to provide that a state's laws or constitution which expressly limit loan interest, rates, or other charges apply to all depository institutions and credit unions doing business in the state with customers who reside in or are located in the state. Amends the federal bankruptcy code to set an employee's claim to a debtor's equity securities held in a pension fund within the fourth order of priority and exempts such benefits from subordination agreement constraints. Increases the amount of an employee's earnings and benefits within such priority order.
Bill· HRH.R. 4856 (109th)open
United States · United States Congress · 2 March 2006
Energy Star Homes Act of 2006 - Amends the Internal Revenue Code to allow homeowners a $10,000 tax credit for the purchase of an energy star qualified home (a home meeting certain energy saving requirements established by the Environmental Protection Agency). Terminates such credit after 2008.
Report· HearingS.Hrg.109-286 Part 6published
United States · United States Senate · 1 March 2006
Report· HearingH.Hrg.109published
United States · United States House of Representatives · 1 March 2006
Report· HearingH.Hrg.109published
United States · United States House of Representatives · 1 March 2006
Report· HearingH.Hrg.109published
United States · United States House of Representatives · 1 March 2006
Report· HearingH.Hrg.109published
United States · United States House of Representatives · 1 March 2006
Report· HearingS.Hrg.109-849published
United States · United States Senate · 1 March 2006
Report· HearingS.Hrg.109published
United States · United States Senate · 1 March 2006
Report· HearingS.Hrg.109-827 Part 4published
United States · United States Senate · 1 March 2006
Report· HearingS.Hrg.109-827 Part 6published
United States · United States Senate · 1 March 2006
Report· HearingS.Hrg.109-302 Part 2published
United States · United States Senate · 1 March 2006
Bill· SS. 2345 (109th)referred
United States · United States Congress · 1 March 2006
America's Business Choice Act - Amends the Internal Revenue Code to exempt certain electric motor vehicles and alternative fuel motor vehicles eligible for tax credits from depreciation limitations applicable to luxury automobiles.
Bill· SS. 2347 (109th)referred
United States · United States Congress · 1 March 2006
Amends the Internal Revenue Code to modify the tax credit allowed to holders of qualified zone academy bonds to: (1) extend through 2007 the authority for issuing such bonds and the national limitation amounts for such bonds; (2) allocate, after 2005, the bond limitation among states based upon grant amounts received by such states for disadvantaged students under the Elementary and Secondary Education Act of 1965; (3) permit the use of such bonds for constructing public school facilities and for the acquisition of land for such facilities; (4) permit all taxpayers to qualify for the tax credit (currently restricted to banks, finance and insurance companies); and (5) allow the ownership of such bonds and the credit entitlement for holding such bonds to be separate.
Bill· HRH.R. 4834 (109th)referred
United States · United States Congress · 1 March 2006
Businesses Supporting Education Act of 2006 - Amends the Internal Revenue Code to allow business entities a tax credit for contributions to a tax-exempt education scholarship organization which provides scholarships to elementary or secondary school students from low or moderate income families. Limits the annual amount of such credit to $100,000. Imposes a penalty tax on education scholarship organizations that fail to make required distributions of scholarship funds.
Bill· HRH.R. 4835 (109th)referred
United States · United States Congress · 1 March 2006
Amends the Internal Revenue Code to allow a taxpayer election to expense (i.e., deduct in the current taxable year) 50% of the cost of qualified advanced mine safety equipment property. Defines such property to include: (1) an emergency communication technology or device for constant communication with individuals outside the mine; (2) an electronic identification and location device; (3) an emergency oxygen-generating device; (4) pre-positioned oxygen supplies; and (5) a comprehensive atmospheric monitoring system to monitor levels of carbon monoxide and other gases present in a mine. Allows employers a business-related tax credit for the lesser of 20% of the training costs of their qualified mine rescue team employees or $10,000 for each such employee. Defines such an employee as one who receives a certain level of mine safety training as prescribed by the Mine Safety and Health Administration. Terminates such credit after 2008.
Bill· HRH.R. 4837 (109th)referred
United States · United States Congress · 1 March 2006
Affordable College Education Act of 2006 - Amends the Internal Revenue Code to modify the tax deduction for higher education expenses by: (1) increasing the types of higher education expenses eligible for the deduction (2) eliminating the dollar limitations on the deduction; and (3) making the deduction permanent. Increases from $50,000 to $350,000 the modified adjusted gross income ceiling used to calculate the phaseout of the tax deduction for interest on education loans. Adjusts such ceiling for inflation after 2006. Makes the sunset provision (i.e., termination date of December 31, 2010) under the Economic Growth and Tax Relief Reconciliation Act of 2001 inapplicable to: (1) the elimination of certain limitations on the tax deduction for interest on education loans; and (2) the tax deduction for qualified tuition and related expenses.
Bill· HRH.R. 4836 (109th)referred
United States · United States Congress · 1 March 2006
Catastrophe Savings Accounts Act of 2006 - Amends the Internal Revenue Code to create tax-exempt catastrophe savings accounts (CSAs). Allows tax-free distributions from CSAs to pay expenses resulting from a presidentially declared major disaster. Limits CSA balances to: (1) $2,000 (for individuals with homeowner insurance deductibles of not more than $1,000); and (2) the lesser of $15,000 or twice a homeowner's insurance deductible (for individuals with deductibles of more than $1,000).
Report· HearingS.Hrg.109published
United States · United States Senate · 28 February 2006
Report· HearingS.Hrg.109published
United States · United States Senate · 28 February 2006
Report· HearingS.Hrg.109-395published
United States · United States Senate · 28 February 2006
Report· HearingS.Hrg.109published
United States · United States Senate · 28 February 2006
PreviousPage 12 of 13Next