Taxation

Middle Class Assistance Act of 2008

United States · United States Congress · 3 April 2008

Middle Class Assistance Act of 2008 - Amends the Internal Revenue Code to: (1) allow a deduction from gross income for state and local real property taxes on the principal residences of taxpayers who elect not to deduct state and local income and general sales taxes (making such deduction available to taxpayers who do not itemize); (2) allow a refundable tax credit, up to $500, for increased home heating oil costs in 2008; and (3) increase and make permanent the tax deduction for qualified tuition and related expenses.

SERVE Act of 2008

United States · United States Congress · 3 April 2008

Supporting Emergency Responders Volunteer Efforts Act of 2008 or the SERVE Act of 2008 - Amends the Internal Revenue Code to allow a $1,000 refundable tax credit for individuals who are bona fide volunteer members of a qualified volunteer emergency response organization who provide firefighting, ambulance, or emergency medical services.

DEPARTMENT OF DEFENSE AUTHORIZATION FOR APPROPRIATIONS FOR FISCAL YEAR 2009

United States · United States Senate · 2 April 2008

ENERGY AND WATER DEVELOPMENT APPROPRIATIONS FOR FISCAL YEAR 2009

United States · United States Senate · 2 April 2008

SHOP Act

United States · United States Congress · 2 April 2008

Small Business Health Options Program Act of 2008 or the SHOP Act - Amends the Public Health Service Act to require the Secretary of Health and Human Services to designate an office within the Department of Health and Human Services (HHS) to administer a health insurance program for small businesses and self-employed individuals to purchase health insurance coverage meeting certain requirements. Establishes a Small Business Health Board to monitor the implementation of the program and make recommendations for improvements. Requires the Administrator of the program to: (1) enter into contracts with health insurance issuers to provide health insurance coverage under this Act; and (2) enter into agreements with entities to serve as navigators to provide information about the program and assist in enrollment. Requires a participating employer to ensure that each eligible employee has an opportunity to enroll in a plan. Sets forth requirements for health plans offered under this Act. Requires the Administrator to contract with the National Association of Insurance Commissioners to study the rating requirements that apply to health insurance purchased in the small group markets in the states and to develop recommendations concerning rating requirements. Sets forth premium-setting rules for plans under this Act. Allows a state to prohibit participation in this program if the state offers alternative health benefit plans. Amends the Internal Revenue Code to allow a tax credit for small employers for qualified employee health insurance expenses under this Act.

A bill to authorize major medical facility projects and major medical facility leases for the Department of Veterans Affairs for fiscal year 2009, and for other purposes.

United States · United States Congress · 2 April 2008

Authorizes the Secretary of Veterans Affairs to carry out major medical facility projects (projects) in FY2009 in: (1) Palo Alto, California; (2) Lee County, Florida; (3) San Juan, Puerto Rico; and (4) San Antonio, Texas. Authorizes the Secretary to carry out projects in FY2009, as originally authorized under the Veterans Benefits, Health Care, and Information Technology Act of 2006, for Department of Veterans Affairs (VA) medical centers in Denver, Colorado, and New Orleans, Louisiana. Authorizes the Secretary to carry out specified major medical facility leases (leases) in Arizona, California, Colorado, Florida, Georgia, Ohio, Oregon, Puerto Rico, South Carolina, and Wisconsin. Authorizes appropriations for projects and leases authorized under this Act.

EARN Act

United States · United States Congress · 2 April 2008

Employment Access for Recidivism Reduction Nationwide or the EARN Act - Directs the Secretary of Labor to: (1) promote the work opportunity tax credit program by reducing backlogs of employer applications for certifications under such program and by increasing awareness of the availability of such credit; and (2) increase the number of fidelity bonds purchased and issued by states through the Federal Bonding Program. Amends the Internal Revenue Code to increase the work opportunity tax credit for employers who employ ex-felons hired under certain federal programs.

Rural America Communication Expansion for the Future Act of 2008

United States · United States Congress · 2 April 2008

Rural America Communication Expansion for the Future Act of 2008 - Amends the Internal Revenue Code to permit taxpayers in rural or underserved areas to elect to expense broadband expenditures, including installation and connection costs. Permits mutual or cooperative telephone companies to reduce their unrelated business taxable income in any year by the amount of their broadband expenditures. Directs the Secretary of the Treasury to designate census tracts identifying rural and underserved areas. Prohibits federal or state agencies from adopting regulations and ratemaking procedures that would eliminate or reduce the broadband expense deduction provided by this Act. Allows a business-related tax credit for providing broadband services to rural or underserved subscribers through the radio transmission of energy. Amends the National Telecommunications and Information Administration Organization Act to establish a grant to a local government with at least one rural or underserved area to establish publicly available broadband networks. Extends funding for: (1) public safety communications interoperability; (2) 911 access; and (3) telehealth programs. Revises provisions relating to rural area loans and loan guarantees regarding access to broadband telecommunications services, including revising the definition of "eligible rural community." Requires designation of a National Center for Rural Telecommunications Assessment. Establishes the Community Connect Grant Program to provide broadband service that fosters economic growth and delivers enhanced educational, health care, and public safety services. Amends the Food, Agriculture, Conservation and Trade Act of 1990 to authorize grants to noncommercial education television broadcast stations that serve rural areas to enhance digital services. Extends the termination date of the authority to guarantee bonds or notes for electrification or telephone purposes.

Innovation Tax Credit Act of 2008

United States · United States Congress · 2 April 2008

Innovation Tax Credit Act of 2008 - Amends the Internal Revenue Code to revise the tax credit for increasing research activities by: (1) phasing in increases in the alternative simplified tax credit rate through 2009; (2) establishing a 20% alternative simplified tax credit rate in 2010 in lieu of the standard research tax credit rate; (3) increasing the amount of basic and contract research expenses eligible for such tax credit; and (4) making such tax credit permanent.

[H.A.S.C. No. 110-140] HEARING ON NATIONAL DEFENSE AUTHORIZATION ACT FOR FISCAL YEAR 2009 AND OVERSIGHT OF PREVIOUSLY AUTHORIZED PROGRAMS BEFORE THE COMMITTEE ON ARMED SERVICES HOUSE OF REPRESENTATIVES ONE HUNDRED TENTH CONGRESS SECOND SESSION

United States · United States House of Representatives · 1 April 2008

DEPARTMENT OF DEFENSE AUTHORIZATION FOR APPROPRIATIONS FOR FISCAL YEAR 2009

United States · United States Senate · 1 April 2008

[H.A.S.C. No. 110-139]FISCAL YEAR 2009 NATIONAL DEFENSE AUTHORIZATION ACT--BUDGET REQUEST ON THE READINESS OF THE ARMY AND AIR FORCE RESERVES AND NATIONAL GUARD FORCES

United States · United States House of Representatives · 1 April 2008

DEPARTMENT OF THE INTERIOR, ENVIRONMENT, AND RELATED AGENCIES APPROPRIATIONS FOR FISCAL YEAR 2009

United States · United States Senate · 1 April 2008

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

United States · United States Congress · 1 April 2008

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

To amend the Internal Revenue Code of 1986 to provide a Federal income tax credit for certain home purchases.

United States · United States Congress · 1 April 2008

Amends the Internal Revenue Code to allow individual taxpayers a one-time tax credit for up to $10,000 of the cost of a principal residence purchased in the United States within the 12-month period following enactment of this Act. Terminates such credit after 2009.

Providing for consideration of the bill (H.R. 5501) to authorize appropriations for fiscal years 2009 through 2013 to provide assistance to foreign countries to combat HIV/AIDS, tuberculosis, and malaria, and for other purposes.

United States · United States Congress · 1 April 2008

Sets forth the rule for consideration of the bill (H.R. 5501) to authorize appropriations for fiscal years 2009 through 2013 to provide assistance to foreign countries to combat HIV/AIDS, tuberculosis, and malaria.

National Defense Authorization Act for Fiscal Year 2009

United States · United States Congress · 31 March 2008

National Defense Authorization Act for Fiscal Year 2009 - Authorizes appropriations for the Department of Defense (DOD) for FY2009. Authorizes appropriations to DOD for: (1) procurement, including aircraft, missiles, weapons and tracked combat vehicles, ammunition, shipbuilding and conversion, and other procurement; (2) the Rapid Acquisition Fund; (3) the Joint Improvised Explosive Device Defeat Fund; (4) Defense Production Act purchases; (5) research, development, test, and evaluation; (6) operation and maintenance, including working capital funds, the Defense Health Program, chemical agents and munitions destruction, drug interdiction and counter-drug activities, and the Defense Inspector General; (6) active and reserve military personnel, including end strengths; (7) the North Atlantic Treaty Organization Security Investment Program; (8) chemical demilitarization construction; and (9) Guard and reserve forces facilities. Sets forth provisions or requirements concerning: (1) active and reserve military personnel, including officer and reserve personnel policy; (2) military education and training; (3) military pay and allowances; (4) retired pay and survivor benefits; (5) military health care; (6) acquisition policy and management; (7) DOD organization and management, including the chemical demilitarization program and intelligence-related matters; (8) financial matters, including counter-drug activities and matters related to homeland security; (9) civilian personnel matters; (10) matters relating to foreign nations; (11) matters relating to building partner capabilities to combat international terrorism; and (12) base closure and realignment activities. Military Construction Authorization Act for Fiscal Year 2009 - Authorizes appropriations for FY2009 for military construction for the Armed Forces and defense agencies.

Duncan Hunter National Defense Authorization Act for Fiscal Year 2009

United States · United States Congress · 31 March 2008

National Defense Authorization Act for Fiscal Year 2009 - Authorizes appropriations for the Department of Defense (DOD) for FY2009. Authorizes appropriations to DOD for: (1) procurement, including for aircraft, missiles, weapons and tracked combat vehicles, ammunition, and shipbuilding and conversion; (2) the Rapid Acquisition Fund; (3) the Joint Improvised Explosive Device Defeat Fund; (4) Defense Production Act purchases; (5) research, development, test, and evaluation; (6) operation and maintenance, including for defense working capital funds, the Defense Health Program, chemical agents and munitions destruction, drug interdiction and counter-drug activities, and the Defense Inspector General; (7) active and reserve military personnel, including end strengths and the Armed Forces Retirement Home; (8) the North Atlantic Treaty Organization Security Investment Program; (9) chemical demilitarization construction; and (10) Guard and reserve forces facilities. Sets forth provisions or requirements concerning: (1) active and reserve military personnel policy; (2) military education and training; (3) military pay and allowances; (4) retired pay and survivor benefits; (5) military health care; (6) acquisition policy and management; (7) DOD organization and management, including the chemical demilitarization program; (8) DOD financial matters, including counter-drug activities and matters relating to homeland security; (9) civilian personnel matters; and (10) matters relating to building partner capabilities to combat international terrorism. Military Construction Authorization Act for Fiscal Year 2009 - Authorizes appropriations for FY2009 for military construction for the Armed Forces and defense agencies.

Overtime Restoration Act of 2008

United States · United States Congress · 31 March 2008

Overtime Restoration Act of 2008 - Amends the Internal Revenue Code to increase the earned income tax credit by a weekly overtime bonus for each week a taxpayer receives earned income for more than 40 hours of work.

To amend the Internal Revenue Code of 1986 to allow a credit against income tax for recycling or remanufacturing equipment.

United States · United States Congress · 31 March 2008

Amends the Internal Revenue Code to allow a tax credit for investment in qualified reclamation property. Defines "qualified reclamation property" as tangible depreciable recycling or remanufacturing property with a useful life of at least five years. Limits the amount of such credit to 20% of the basis (not exceeding $10 million) of qualified reclamation property placed in service during a taxable year.

Putting Our Resources Towards Security (PORTS) Act

United States · United States Congress · 31 March 2008

Putting Our Resources Towards Security (PORTS) Act - Directs the Secretary of Homeland Security, between fiscal years 2009 and 2013, to increase the number of full-time Customs and Border Protection (CBP) officers, agriculture specialists, and border security support personnel for U.S. ports of entry by not fewer than 5,000, 1,200, and 350, respectively, above the number of such personnel for which funds were made available during FY2008. Authorizes appropriations to the Administrator of the General Services Administration (GSA) for each of FY2009-FY2013 to make improvements to existing U.S. ports of entry to improve border security and for other purposes. Directs the Administrator to give priority to ports determined to be in most need of repair in accordance with required infrastructure assessment studies.

To clarify the authority of States to use funds as the non-Federal share of Medicaid expenditures for certain regional medical centers.

United States · United States Congress · 31 March 2008

Provides for certain treatment of state authority to use federal funds received under title XIX (Medicaid) of the Social Security Act, notwithstanding the limitation on the use of provider-specific health care related taxes to obtain federal financial participation under Medicaid. Declares that nothing in such limitation shall be construed by the Secretary of Health and Human Services as prohibiting a state's use of funds as the nonfederal share of Medicaid expenditures where they are transferred from or certified by a publicly-owned regional medical center located in another state, so long as the Secretary determines that such use is proper and in the interest of the Medicaid program.

To amend the Internal Revenue Code of 1986 to allow a nonrefundable credit for mentoring and housing young adults.

United States · United States Congress · 31 March 2008

Amends the Internal Revenue Code to allow a tax credit to individuals who provide mentoring services to young adults between the ages of 18 and 22. Requires such individuals to participate in a one-on-one relationship as a positive role model with such young adults and to conduct meetings and activities with them on not less than a monthly basis.

[H.A.S.C. No. 110-138] HEARING ON NATIONAL DEFENSE AUTHORIZATION ACT FOR FISCAL YEAR 2009 AND OVERSIGHT OF PREVIOUSLY AUTHORIZED PROGRAMS BEFORE THE COMMITTEE ON ARMED SERVICES HOUSE OF REPRESENTATIVES ONE HUNDRED TENTH CONGRESS SECOND SESSION

United States · United States House of Representatives · 14 March 2008

[H.A.S.C. No. 110-137]NATIONAL DEFENSE AUTHORIZATION ACT FOR FISCAL YEAR 2009 AND OVERSIGHT OF PREVIOUSLY AUTHORIZED PROGRAMS BEFORE THE COMMITTEE ON ARMED SERVICES HOUSE OF REPRESENTATIVES ONE HUNDRED TENTH CONGRESS SECOND SESSION

United States · United States House of Representatives · 14 March 2008

Emergency Wildland Fire Response Act of 2008

United States · United States Congress · 14 March 2008

Emergency Wildland Fire Response Act of 2008 - Establishes a Federal Wildland Fire Emergency Suppression Fund to cover the costs of federal wildland fire suppression activities associated with a declared emergency wildland fire incident. Sets forth the criteria for which declarations of emergency wildland fire incidents may be made under this Act. Requires a declaration of such an incident to only be made by the Secretary of Agriculture, the Secretary of the Interior, or a designee of the Secretary concerned at the subcabinet level. Allows the Secretary concerned to only access the Fund if the President's annual budget requested funds for wildland fire operations amounting to at least the ten-fiscal year average of expenditures for wildland fire operations. Requires the Secretaries to jointly report every six months on expenditures from and deposits to the Fund. Permits any excess funds for wildland fire operations to be transferred to support reforestation and rehabilitation of forests following wildland fires. Limits the areas in which such funds may be expended. Requires review of wildfire incidents resulting in expenses greater than $10 million. Directs the Secretary of Agriculture to develop a national map of landscape areas most at risk of wildfire and in need of hazardous fuel treatment and maintenance. Authorizes such Secretary to: (1) provide cost-share grants to fire-ready communities to increase their capacity to defend against wildland fire; and (2) enter into contracts or cooperative agreements with a State Forester or equivalent official to implement good neighbor projects on such lands.

Home Owners' Loan Corporation for the 21st Century Act

United States · United States Congress · 14 March 2008

Home Owners' Loan Corporation for the 21st Century Act - Establishes the Home Owners' Loan Corporation as an instrumentality of the United States. Authorizes the Corporation to: (1) acquire, in exchange for bonds and subject to specified limitations, home mortgages, obligations, and liens secured by real estate (mortgage relief); and (2) make cash advances to pay the taxes and assessments on the real estate, provide for maintenance, meet incidental transaction expenses, and pay the mortgage, obligation, or lien holder the difference (not to exceed $200) between the face value of the bonds exchanged, plus accrued interest, and the purchase price of the mortgage, obligation, or lien. Requires the homeowner to make mortgage payments to the Corporation. Sets forth 40-year amortization requirements. Authorizes the Corporation to exchange bonds and make cash advances to redeem or recover homes lost by the owners by foreclosure or forced sale.

First-Time Homebuyers' Tax Credit Act of 2008

United States · United States Congress · 14 March 2008

First-Time Homebuyers' Tax Credit Act of 2008 - Amends the Internal Revenue Code to: (1) allow an income-based, one-time refundable tax credit for first-time homebuyers of ten percent of a principal residence's purchase price ($3,000 maximum credit, $6,000 maximum credit for joint filers); (2) allow transfer of such credit (within 30 days of transfer application) as payment towards related downpayment and closing costs; and (3) apply the credit to purchases made on or after January 1, 2008, and before January 1, 2013, and to binding contracts made between such dates, and in which the residence is occupied before July 1, 2014.

To provide public charter school options for those students that attend schools that are in need of improvement and have been identified for restructuring and those schools with a graduation rate of less than 60 percent, and for other purposes.

United States · United States Congress · 14 March 2008

Pell Grants for Kids Act of 2008 - Directs the Secretary, subject to advance appropriations, to award competitive grants to states, public chartering agencies, local educational agencies, or tax-exempt organizations to enhance the capacity of public charter schools to serve additional students, particularly those transferring from schools identified as needing restructuring under the Elementary and Secondary Education Act of 1965 for failing to make adequate yearly progress (AYP) pursuant to state academic performance standards for five consecutive school years. Limits grant use to providing subgrants to public charter schools, covering the administrative expenses of grantees and subgrantees, and enhancing the availability of credit for such schools. Fair Share Act of 2008 - Amends the Internal Revenue Code and title II (Old Age, Survivors, and Disability Insurance Benefits) (OASDI) of the Social Security Act to treat certain foreign subsidiaries of U.S. companies performing services under a contract with the U.S. government as U.S. employers for purposes of Social Security and Medicare employment taxes.

To amend the Internal Revenue Code of 1986 to expand and improve the dependent care tax credit.

United States · United States Congress · 14 March 2008

Amends the Internal Revenue Code to: (1) increase the dollar limitation on employment-related expenses that qualify for the tax credit for expenses for household and dependent care services necessary for gainful employment (dependent care tax credit); (2) repeal the requirement that a disabled dependent and the taxpayer share the same residence to qualify for such credit; (3) require the Secretary of the Treasury to prescribe regulations to qualify retirees for such credit; and (4) make such credit refundable. Makes permanent the increases in the dependent care tax credit enacted by the Economic Growth and Tax Relief Reconciliation Act of 2001.

IRA Assistance Act of 2008

United States · United States Congress · 14 March 2008

IRA Assistance Act of 2008 - Amends the Internal Revenue Code to allow premature distributions from individual retirement accounts (other than Roth IRAs) without penalty to make hardship loans.

TAX RETURN FILING SEASON, INTERNAL REVENUE SERVICE OPERATIONS, FISCAL YEAR 2009 BUDGET PROPOSALS, AND THE IRS NATIONAL TAXPAYER ADVOCATES ANNUAL REPORT

United States · United States House of Representatives · 13 March 2008

[H.A.S.C. No. 110-136]NATIONAL DEFENSE AUTHORIZATION ACT FOR FISCAL YEAR 2009 AND OVERSIGHT OF PREVIOUSLY AUTHORIZED PROGRAMS BEFORE THE COMMITTEE ON ARMED SERVICES HOUSE OF REPRESENTATIVES ONE HUNDRED TENTH CONGRESS SECOND SESSION

United States · United States House of Representatives · 13 March 2008

[H.A.S.C. No. 110-135]FISCAL YEAR 2009 NATIONAL DEFENSE AUTHORIZATION ACT--BUDGET REQUEST FOR THE DEPARTMENT OF DEFENSE SCIENCE AND TECHNOLOGY: RESPONDING TO THE 21ST CENTURY IRREGULAR WARFARE THREAT ENVIRONMENT

United States · United States House of Representatives · 13 March 2008

NASA'S SCIENCE PROGRAMS: FISCAL YEAR 2009 BUDGET REQUEST AND ISSUES

United States · United States House of Representatives · 13 March 2008

DEPARTMENT OF COMMERCE FISCAL YEAR 2009 BUDGET

United States · United States House of Representatives · 13 March 2008

TRANSPORTATION AND HOUSING AND URBAN DEVELOPMENT, AND RELATED AGENCIES APPROPRIATIONS FOR FISCAL YEAR 2009

United States · United States Senate · 13 March 2008

Higher Education Opportunity Act of 2008

United States · United States Congress · 13 March 2008

Higher Education Opportunity Act of 2008 - Amends the Internal Revenue Code to replace the hope and lifetime learning tax credits with a higher education opportunity tax credit. Allows a higher education opportunity tax credit for 100% of qualified tuition and related expenses (including a certain allowance for books) up to $1,000, 50% for such expenses between $1,000 and $3,000, and 20% of such expenses between $3,000 and $5,500. Reduces credit amounts for taxpayers with modified adjusted gross incomes over $70,000 ($140,000 in the case of a joint return). Allows an increased tax credit for students who served certain periods of active duty in the Armed Forces after September 11, 2001. Limits such credit to three eligible students per taxpayer in any taxable year and for four taxable years. Denies such credit to certain part-time students and students convicted of a felony drug offense. Repeals the tax deduction for qualified tuition and related expenses.

A bill to amend the Internal Revenue Code of 1986 to modify the definition of refined coal.

United States · United States Congress · 13 March 2008

Amends the Internal Revenue Code to modify the definition of "refined coal" for purposes of the tax credit for producing electricity from renewable resources to include certain emission reduction certification requirements.

Fair Share Act of 2008

United States · United States Congress · 13 March 2008

Fair Share Act of 2008 - Amends the Internal Revenue Code and title II (Old Age, Survivors, and Disability Insurance Benefits) of the Social Security Act to treat certain foreign subsidiaries of U.S. companies performing services under a contract with the U.S. government as U.S. employers for purposes of Social Security and Medicare employment taxes.

Saving Social Security Act of 2008

United States · United States Congress · 13 March 2008

Saving Social Security Act of 2008 - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act (SSA) to add a new part B (Investment-Based Social Security) outlining a new program to allow any individual born on or after January 1, 1963, and meeting certain criteria, to receive Social Security benefits from a portion of their wages or self-employment income that has been contributed to a designated Social Security savings account for employees (SAFE Account) for investment. Guarantees a total monthly benefit to be not less than the monthly benefit promised under the current OASDI program (which is redesignated as part A (Debt-Based Social Security)). Allows certain individuals to elect to waive SAFE account eligibility. Establishes in the Treasury a SAFE Investment Fund which shall be maintained in the same manner as the Thrift Savings Fund (for federal employees and Members of Congress) and in which a SAFE Account for each such investing individual shall be established. Requires the Fund to charge each investing worker in the Fund a single, uniform annual administrative fee not to exceed 0.57% of the value of the assets invested in the worker's SAFE Account. Prescribes requirements for the timing of distributions from the SAFE Account of an investing worker. Requires transfer to the Federal Old-Age and Survivors Insurance Trust Fund, on the determined distribution date, of so much of the balance in an investing worker's SAFE Account as does not exceed the old-age insurance amount. Entitles the investing worker to a federal annuity payment. Requires payment to the worker, in the manner and amounts the worker determines, of any funds remaining in an investment worker's SAFE Account after such transfer. Establishes within the Social Security Administration a Social Security Investment Board to maintain SAFE Accounts and the SAFE Investment Fund in the same manner as the Thrift Savings Accounts and the Thrift Savings Fund are maintained by the Thrift Savings Board. Amends the Internal Revenue Code to: (1) provide for a minimum monthly Social Security benefit; (2) exempt the SAFE Investment Fund and each SAFE Account from income taxation; (3) subject a personal Social Security savings account to certain other taxes; (4) treat any federal annuity payment under the new part B program as a Social Security benefit for purposes of Social Security and tier 1 railroad retirement benefits; and (5) include any distribution of excess assets from a SAFE Account in gross income. Amends SSA to make necessary additional fiscal year appropriations to the Social Security Trust Funds to maintain adequate balances.

A bill to amend the Internal Revenue Code of 1986 to extend certain benefits applicable to the Gulf Opportunity Zone, and for other purposes.

United States · United States Congress · 13 March 2008

Amends the Internal Revenue Code to: (1) extend through 2010 increased depreciation allowances for certain business and investment property located in the Gulf Opportunity Zone (GO Zone) (through 2011 for nonresidential real property or residential rental property in the GO Zone); (2) extend through 2012 special rules relating to the depreciation of buildings in the GO Zone; (3) extend through 2010 the tax credit for rehabilitation expenditures in the GO Zone; (4) increase the new markets tax credit limitation in 2008 and 2009 for investments in community development entities serving the GO Zone; (5) extend through 2012, and increase the authority for, tax-exempt bond financing for bonds issued by Louisiana or a political subdivision thereof; (6) authorize the Secretary of Housing and Urban Development to expand an area designated as a renewal community; and (7) extend through 2012 the period for designating areas located in the GO Zone as renewal communities. Amends the Katrina Emergency Tax Relief Act of 2005 to extend for an additional two years the hiring period of employees in the Hurricane Katrina disaster area for purposes of the work opportunity tax credit.

Recapture Excess Profits and Invest in Roads (REPAIR) Act of 2008

United States · United States Congress · 13 March 2008

Recapture Excess Profits and Invest in Road (REPAIR) Act of 2008 - Amends the Internal Revenue Code to impose in 2008 or 2009 an excise tax of 25% on the windfall profits of integrated oil companies and other producers and refiners of crude oil (crude oil condensates and natural gasoline) with gross receipts over $1 billion. Allows a tax deduction for the payment of the windfall profit tax imposed by this Act. Requires the transfer of windfall profit tax revenues to the Highway Trust Fund.

Recapture Excess Profits and Invest in Roads and Rail (REPAIR) Act of 2008

United States · United States Congress · 13 March 2008

Recapture Excess Profits and Invest in Roads and Rail (REPAIR) Act of 2008 - Amends the Internal Revenue Code to impose in 2008 or 2009 an excise tax of 25% on the windfall profits of integrated oil companies and other producers and refiners of crude oil (crude oil condensates and natural gasoline) with gross receipts over $1 billion. Allows a tax deduction for the payment of the windfall profit tax imposed by this Act. Requires the transfer of windfall profit tax revenues to the Highway Trust Fund.

Protecting the Medicaid Safety Net Act of 2008

United States · United States Congress · 13 March 2008

Protecting the Medicaid Safety Net Act of 2008 - Amends the U.S. Troop Readiness, Veterans' Care, Katrina Recovery, and Iraq Accountability Appropriations Appropriations Act, 2007 to extend until April 1, 2009, the moratorium on implementation of a proposed rule ("Medicaid Program; Cost Limit for Providers Operated by Units of Government and Provisions To Ensure the Integrity of Federal-State Financial Partnership") relating to the federal-state financial partnerships under titles XIX (Medicaid) and XXI (State Children's Health Insurance Program) (SCHIP) of the Social Security Act. Extends until April 1, 2009, the moratorium on any action by the Secretary of Health and Human Services to restrict Medicaid payments for graduate medical education (GME). Amends the Medicare, Medicaid, and SCHIP Extension Act of 2007 to extend until April 1, 2009, the moratorium on certain restrictions relating to Medicaid coverage or payment for rehabilitation services or school-based administration and school-based transportation, including specified proposed regulations, if such restrictions are more restrictive in any aspect than those applied to such areas as of July 1, 2007. Establishes additional moratoria until April 1, 2009, on specified regulatory actions concerning Medicaid: (1) treatment of optional case management services; (2) outpatient hospital services; and (3) allowable provider taxes.

Physician Payments Sunshine Act of 2008

United States · United States Congress · 13 March 2008

Physician Payments Sunshine Act of 2008 - Amends part A of title XI of the Social Security Act to require quarterly transparency reports to the Secretary of Health and Human Services of payments to physicians or their employers, or to a covered organization in which a physician has a significant professional membership interest, by manufacturers of covered drugs, devices, or medical supplies under titles XVIII (Medicare), XIX (Medicaid), or XXI (State Children's Health Insurance Program (SCHIP)) of the Social Security Act. Amends the Internal Revenue Code to prohibit tax deductions for the advertising, promotion, or marketing by manufacturers of drugs, devices, and medical supplies on whom a penalty is imposed for failing to meet the requirements of this Act.

To amend the Internal Revenue Code of 1986 to waive the deadline on the construction of GO Zone property which is eligible for bonus depreciation.

United States · United States Congress · 13 March 2008

Amends the Internal Revenue Code to eliminate the deadline for beginning construction projects in the Gulf Opportunity (GO) Zone for purposes of bonus depreciation eligibility.

Fair Share Act of 2008

United States · United States Congress · 13 March 2008

Fair Share Act of 2008 - Amends the Internal Revenue Code and title II (Old Age, Survivors, and Disability Insurance Benefits) of the Social Security Act to treat certain foreign subsidiaries of U.S. companies performing services under a contract with the U.S. government as U.S. employers for purposes of Social Security and Medicare employment taxes.

DEPARTMENT OF DEFENSE AUTHORIZATION FOR APPROPRIATIONS FOR FISCAL YEAR 2009

United States · United States Senate · 12 March 2008

DEPARTMENT OF DEFENSE AUTHORIZATION FOR APPROPRIATIONS FOR FISCAL YEAR 2009

United States · United States Senate · 12 March 2008