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Taxation

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851 records in US in 2003

Records

Bill· HRH.R. 1250 (108th)referred

Former Insurance Agents Tax Equity Act of 2003

United States · United States Congress · 12 March 2003

Former Insurance Agents Tax Equity Act of 2003 - Amends the Internal Revenue Code and the Social Security Act with respect to the exemption from the self-employment tax for certain termination payments received by former insurance agents. Repeals the requirement that the amount of such a payment not depend to any extent on length of service or overall earnings from services performed for the former insurance company.

Bill· HRH.R. 1236 (108th)referred

Securing Access, Value, and Equality in Health Care Act

United States · United States Congress · 12 March 2003

Securing Access, Value, and Equality in Health Care Act - Amends the Internal Revenue Code to allow an individual a tax credit in an amount equal to the amount paid for qualified health insurance, subject to stated limitations. Requires persons who receive payments for health insurance coverage of an individual to make certain information returns. Directs the Secretary of the Treasury to make advance payments to the provider of an individual's qualified health insurance equal to the Secretary's estimate of the amount of credit allowable for the eligible individual.

Bill· SS. 588 (108th)referred

MediKids Health Insurance Act of 2003

United States · United States Congress · 11 March 2003

MediKids Health Insurance Act of 2003 - Amends the Social Security Act (SSA) to allow certain eligible individuals born after December 31, 2004, who have not attained age 23, to enroll in the MediKids Program under new SSA title XXII established by this Act for entitlement to benefits specified by the Secretary of Health and Human Services (HHS). Includes among such benefits early and periodic screening, diagnostic services, and treatment services under Medicaid (SSA title XIX), and prescription drugs and biologicals. Provides for: (1) cost-sharing; (2) a payment schedule for covered benefits; (3) a monthly MediKids premium and the means for payment of it; and (4) a reduction in premium for certain low-income families. Creates in the Treasury the MediKids Trust Fund for collected premiums, appropriated amounts, and other revenues for use in funding the coverage provided under the MediKids Program and maintaining its financial solvency. Authorizes the Secretary to implement a care coordination services program including specified elements under which eligible individuals may elect to have health care services covered under SSA title XXII managed and coordinated by a designated care coordinator. Amends SSA title XVIII (Medicare) to increase the membership of the Medicare Payment Advisory Commission, with the initial terms of additional members staggered. Amends the Internal Revenue Code to: (1) impose a MediKids premium tax in the case of any taxpayer (with certain exceptions) required to pay a premium under the MediKids Program for an eligible individual; and (2) provide for a refundable tax credit for 50 percent of cost-sharing expenses under the MediKids Program. Directs the Secretary of the Treasury to propose a gradual schedule of progressive tax changes to fund the MediKids Program as the number of enrollees grows in the out-years.

Bill· SS. 592 (108th)referred

Save American Manufacturing Act of 2003

United States · United States Congress · 11 March 2003

Save American Manufacturing Act of 2003 - Establishes within the Department of Commerce an Office of Manufacturing which shall be responsible, among other things, for developing policies to preserve and enhance the industrial base of the United States. Establishes the WTO Dispute Settlement Review Commission which shall review: (1) all reports of dispute settlement panels or the Appellate Body of the World Trade Organization (WTO) in proceedings initiated by other WTO parties which are adverse to the United States and adopted by the Dispute Settlement Body; and (2) upon the U.S. Trade Representative's request, any other report of a dispute settlement panel or the Appellate Body adopted by the Dispute Settlement Body. Sets forth certain requirements regarding the congressional review of WTO dispute settlement procedures and U.S. participation in the WTO and WTO panel proceedings. Amends specified laws to prohibit the Export-Import Bank of the United States and the Overseas Private Investment Corporation (OPIC) from guaranteeing, insuring or reinsuring, financing, or extending credit in connection with any project involving the the production of any commodity less than 80 percent of the value of which is attributable to content produced, manufactured, mined, or grown in the United States. Abolishes the International Trade Commission and transfers all its functions to the Assistant Secretary of Commerce for Import Administration of the Department of Commerce. Imposes Buy-American requirements on the Department of Homeland Security, with specified exceptions. Prohibits the sale in interstate commerce of goods manufactured by child labor. Expresses the sense of the Senate that the Byrd Amendment (regarding the distribution of antidumping duties to affected domestic producers) is consistent with U.S. obligations under the WTO. Amends the Internal Revenue Code to: (1) extend the meaning of domestic corporation (subject to Federal taxation) to the acquiring corporation in a corporate expatriation transaction; (2) include income from U.S. imports in subpart F (controlled foreign corporations) income; and (3) deny reduced rates of any withholding tax under any U.S. income tax treaty with a foreign country to any foreign entity unless it is predominantly owned by individuals who are residents of such country.

Bill· SS. 594 (108th)referred

Indian School Construction Act

United States · United States Congress · 11 March 2003

Indian School Construction Act - Directs the Secretary of the Interior to establish a pilot program under which eligible Indian tribes have the authority to issue tribal school modernization bonds to provide funding for the construction, rehabilitation, or repair of tribal schools, including advance planning and design. Permits a tribe to use amounts received through a bond issue to enter contracts: (1) for the design and engineering of the school; and (2) with financial advisors, underwriters, attorneys, trustees, and other professionals who would be able to provide assistance to the tribe in issuing bonds. Makes any tribal school modernization bond issued by a tribe subject to a trust agreement. Authorizes the Secretary to deposit not more than $30 million each fiscal year into a tribal school modernization escrow account beginning in FY 2004 from amounts made available for school replacement under the construction account of the Bureau of Indian Affairs. Requires the Secretary to use any amounts deposited to make payments to trustees or for advance planning and design. Declares that no bond shall be an obligation of, nor shall payment of the principal be guaranteed by, the United States, the tribes, or their schools. Exempts from Federal income tax any earnings through the investment of funds under the control of a trustee. Amends the Internal Revenue Code to allow a tax credit to individuals who hold such bonds.

Bill· SS. 596 (108th)open

Invest in the U.S.A. Act of 2003

United States · United States Congress · 11 March 2003

Invest in the U.S.A. Act of 2003 - Amends the Internal Revenue Code to permit a U.S. corporation doing business abroad to elect to have its foreign earnings taxed in the United States for one year at a rate equal to 5.25 percent of the excess qualified foreign distribution and the amount attributable to such corporation as controlled foreign-earned dividends in lieu of being taxed under alternative minimum tax or corporate rates, if dividends received are reinvested in the United States in an approved plan. Limits foreign tax credits with respect to dividends taxed at such 5.25 percent rate.

Bill· SS. 597 (108th)referred

Energy Tax Incentives Act of 2003

United States · United States Congress · 11 March 2003

Energy Tax Incentives Act of 2003 - Amends the Internal Revenue Code to extend and modify the renewable electricity production tax credit to, among other things, include credits for electricity produced from biomass, swine and bovine waste nutrients, geothermal energy, and solar energy. Provides alternative vehicle and fuel incentives, including credits for installation of alternative fueling stations and the retail sale of alternative fuels as motor vehicle fuel, modification of the credit for qualified electric vehicles, and allowing the alcohol fuels credit to be transferred and to be used against motor fuels taxes. Sets forth certain conservation and energy efficiency provisions such as credits for the construction of new energy efficient homes, the installation of energy efficient appliances, combined heat and power system properties, and energy efficiency improvements to existing homes. Establishes a three-year recovery period for depreciation of qualified energy management devices. Establishes clean coal incentives, including credits for emission reductions, efficiency improvements in existing coal-based generation facilities, and investment in qualifying advanced clean coal technology. Revises oil and gas provisions, including establishing a credit for the production of oil and gas from marginal wells, permitting the expensing of capital costs incurred in complying with EPA sulfur regulations, establishing an environmental tax credit, extending the marginal production income limit, and treating natural gas distribution lines as 15-year property. Sets forth electric utility restructuring provisions. Makes additional amendments, including amendments concerning: (1) the recovery period for Indian reservation property; and (2) the definition of a rural airport.

Bill· SS. 587 (108th)referred

Hydrogen Transportation Wins Over Growing Reliance on Oil (H2 GROW) Act

United States · United States Congress · 11 March 2003

Hydrogen Transportation Wins Over Growing Reliance on Oil (H2 GROW) Act - Amends the Internal Revenue Code to establish, with respect to hydrogen fuel cell vehicles and the production and use of hydrogen used in hydrogen fuel cell vehicles, tax credits, tax deductions, depreciation benefits, and income exemptions and exclusions. Amends the Energy Policy Act of 1992 to establish minimum Federal fleet requirements with respect to hydrogen fuel cell vehicles. Establishes, as a goal, to replace reliance on 30 million barrels of foreign oil through the use of hydrogen fuel cells by December 31, 2012. Directs the Secretary of Transportation to establish an advisory commission regarding the commercialization of fuel cell motor vehicles, including the achievement of the above goal.

Bill· SS. 586 (108th)referred

Round II EZ/EC Flexibility Act of 2003

United States · United States Congress · 11 March 2003

Round II EZ/EC Flexibility Act of 2003 - Authorizes appropriations to: (1) the Secretary of Housing and Urban Development for specified urban empowerment zones; and (2) the Secretary of Agriculture for specified rural empowerment zones and rural enterprise communities. Permits: (1) use of such funds for zone or community strategic plan implementation; and (2) use of Federal funds to pay matching fund requirements.

Bill· SS. 595 (108th)referred

Housing Bond and Credit Modernization and Fairness Act of 2003

United States · United States Congress · 11 March 2003

Housing Bond and Credit Modernization and Fairness Act of 2003 - Amends the Internal Revenue Code to: (1) repeal the required use of certain principal repayments on mortgage subsidy bond financings to redeem bonds; (2) modify the purchase price limitation under mortgage subsidy bond rules based on median family income; and (3) define the term "area median gross income" for low-income housing credit projects.

Bill· HRH.R. 1192 (108th)referred

Federal Living Wage Responsibility Act

United States · United States Congress · 11 March 2003

Federal Living Wage Responsibility Act - Requires the Federal government and any employer under a Federal contract or subcontract exceeding $10,000 to pay each of their respective workers: (1) an hourly wage (or salary equivalent) necessary for such employee to earn, while working 40 hours a week on a full-time basis, the amount of the Federal poverty level for a family of four; and (2) an additional amount, based on the locality in which a worker resides, sufficient to cover the costs to such worker to obtain any fringe benefits not provided by the worker's employer. Exempts employers that are: (1) small business concerns; or (2) nonprofit, tax-exempt organizations, if the ratio of the total compensation of the chief executive officer to that of the full-time equivalent of their lowest-paid employee is not greater than 25 to 1. Directs the Secretary of Labor to enforce this Act. Makes Federal contractors that are part of a pattern or practice of violations of such wage requirements subject to Federal contract suspension, a five-year ineligibility period, and liability for Government costs of obtaining a replacement contractor. Provides for judicial review of the Secretary's determinations, and authorizes the President to suspend the provisions of this Act in times of emergency. Allows an aggrieved worker to bring a civil action against an employer for appropriate relief for a violation of this Act, if the employer has not paid or reinstated the worker as a result of the administrative action.

Bill· HRH.R. 1208 (108th)referred

Northern Ireland Peace and Reconciliation Support Act of 2003

United States · United States Congress · 11 March 2003

Northern Ireland Peace and Reconciliation Support Act of 2003 - Declares the sense of Congress that: (1) U.S. assistance for the International Fund for Ireland has contributed greatly to the economic development of Northern Ireland and that both objectives of the Anglo-Irish Agreement Support Act of 1986, economic development and reconciliation, remain critical to achieving a just and lasting peace in the region, especially in the economically-depressed areas; and (2) Fund contributions to support much-needed projects in economically-depressed areas of Northern Ireland remain very important, and an expansion of efforts in reconciliation projects is encouraged. Amends the Anglo-Irish Agreement Support Act of 1986 to encourage the Fund to support programs that enhance relations between communities, and between the police and the communities they serve, promote human rights training for police, enhance peaceful mediation in neighborhoods of continued conflict, and promote training programs to enhance the new district partnership police boards recommended by the Patten Commission. Authorizes certain appropriations for FY 2004 and 2005 for U.S. contributions to the Fund. Declares the sense of Congress that at least 20 percent of such amount for each such fiscal year should be used to carry out such programs to improve local community relations and relations between the police and the people they serve.

Bill· HRH.R. 1213 (108th)referred

Clean Coal Power Act of 2003

United States · United States Congress · 11 March 2003

Clean Coal Power Act of 2003 - Instructs the Secretary of Energy to: (1) perform an assessment that identifies cost and performance goals of technologies permitting continued cost-competitive use of coal for electricity generation, as chemical feedstocks, and as transportation fuel in 2007, 2015, and the years after 2020; and (2) implement a technology research, development, and demonstration program to facilitate production and generation of coal-based power through methods and equipment under designated statutes. Prescribes conditions and criteria for the authorization of appropriations for a clean coal power initiative program. Instructs the Secretary to: (1) fund coal energy generation projects that advance efficiency, environmental performance, and cost competitiveness well beyond the level of technologies in operation as of the date of enactment of this Act; and (2) award competitive, merit-based grants to universities for the establishment of Centers of Excellence for Energy Systems of the Future. Amends the Internal Revenue Code of 1986 to establish income tax credits for investment in and for production from a qualifying advanced clean coal technology facility. Prescribes guidelines for the treatment of persons not able to use the entire credit relating to clean coal technology.

Bill· HRH.R. 1203 (108th)referred

To provide for the annual audit of the White County Bridge Commission, for the New Harmony Bridge over the Wabash River, Indiana and Illinois, for the filling of vacancies in the membership thereof, and for other purposes.

United States · United States Congress · 11 March 2003

Requires the White County Bridge Commission to provide for the annual audit of its financial transactions (with respect to the New Harmony Bridge over the Wabash River) as prescribed by the Governors of the States of Indiana and Illinois. Directs the General Accounting Office to give advice on such audits. Requires the Commission to submit a copy of the audit report to the Governors and the Secretary of Commerce. Allows each Governor or the Secretary of Commerce to provide for the conduct of further audits as they see fit. Declares that the Commission shall bear all expenses of the annual audit. Revises requirements for membership on the Commission. Directs the Commission to report annually to the Governors and the Secretary on operations and fiscal transactions. Allows the Commission to transfer all functions, powers, duties, and other specified elements to the highway department or other agency of either of the two States, upon which action the Commission shall cease to exist.

Bill· HRH.R. 1178 (108th)referred

Physician Relief Act of 2003

United States · United States Congress · 11 March 2003

Physician Relief Act of 2003 - Sets forth rules governing punitive damages in health care lawsuits. Amends the Internal Revenue Code to allow a limited credit for medical malpractice liability insurance premiums.

Bill· HRH.R. 1200 (108th)open

American Health Security Act of 2003

United States · United States Congress · 11 March 2003

American Health Security Act of 2003 - Establishes the American Health Security Program to be administered by the States. Requires a State to establish a State health security program (program) to receive Federal health care funding. Entitles every individual who is a U.S. resident and is a U.S. citizen or national or a lawful resident alien to benefits under a program. Makes benefits portable. Supersedes titles XVIII (Medicare) and XIX (Medicaid) of the Social Security Act, the Federal Employees Health Benefits Program, and the Civilian Health and Medical Program of the Uniformed Services (CHAMPUS). Prohibits: (1) deductibles, coinsurance, or copayments for acute care and preventive benefits, subject to exception; (2) providers from charging a patient for covered services; and (3) duplicative private insurance. Considers a health care provider to be qualified if the provider is licensed or certified and meets State law requirements, Federal requirements, and additional standards specified by the Board. Establishes the American Health Security Standards Board (the Board) to develop policies and procedures for enrollment, benefits, provider participation, national and State funding levels, assisting programs with planning for capital expenditures and service delivery, and other functions. Mandates uniform reporting standards. Establishes the American Health Security Quality Council to review and evaluate: (1) practice guidelines; (2) standards of quality, performance measures, and medical review criteria; and (3) develop minimum competence criteria. Directs the Board to establish a national health security budget specifying the total expenditures to be made by the Federal Government and the States for covered health care services. Amends the Internal Revenue Code to create the American Health Security Trust Fund and appropriates to the Fund specified tax liabilities and current health program receipts.

Bill· HRH.R. 1175 (108th)referred

Common Sense Spending Act

United States · United States Congress · 11 March 2003

Common Sense Spending Act - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to extend discretionary spending limits through FY 2008. Repeals requirements for adjustments to discretionary limits for: (1) continuing disability reviews by the Social Security Administration; (2) specified allowances for the International Monetary Fund and international arrearages; (3) any earned income tax credit compliance initiative; (4) adoption incentive payments; and (5) conservation spending. Requires an adjustment to discretionary spending limits equal to the estimated resulting reduction in mandatory budget authority and outlays utilizing accrual methods, if enacted legislation charges Federal agencies for the full cost of accrued Federal retirement and health benefits, and an appropriations Act provides new budget authority to carry out such legislation. Repeals the exemption of appropriations to cover agricultural crop disaster assistance from the application of mandatory adjustments in discretionary spending limits in a sequestration report and subsequent budgets for emergency appropriations for discretionary accounts. (Thus applies such mandatory adjustments in the total amount of emergency appropriations to appropriations covering agricultural crop disaster assistance.) Revises PAYGO requirements to remove receipts from the requirement that any legislation enacted before FY 2009 affecting direct spending (currently, direct spending and receipts) that increases the deficit will trigger an offsetting sequestration. Revises the formula for calculating the amount of deficit increase or decrease by the Office of Management and Budget (OMB). States that, with respect to eliminating a deficit increase, accounts shall be assumed to be at the level in the baseline. Revises the definition of baseline to exclude emergency appropriations and legislation. Prohibits such emergency appropriations from being extended in the baseline. Amends the Congressional Budget and Impoundment Control Act of 1974 to define: (1) "emergency" as an unanticipated situation that requires new budget authority and outlays (or new budget authority and the outlays flowing therefrom) for the prevention or mitigation of, or response to, loss of life or property, or a threat to national security; and (2) "unanticipated" as an underlying situation that is sudden, which means quickly coming into being or not building up over time, urgent, which means a pressing and compelling need requiring immediate action, unforeseen, which means not predicted or anticipated as an emerging need, and temporary, which means not of a permanent duration. Amends the Congressional Budget Act of 1974 to require that the committee report and any statement of managers accompanying proposed legislation analyze whether a proposed emergency requirement meets such definition of "emergency." Prohibits the consideration of any such legislation that does not meet this "emergency" definition.

Bill· HRH.R. 1211 (108th)referred

State and Local Aid and Economic Stimulus Act of 2003

United States · United States Congress · 11 March 2003

State and Local Aid and Economic Stimulus Act of 2003 - Amends Federal law to make appropriations for FY 2003 for a one-time revenue grant to States and local governments to carry out programs related to education, substance abuse treatment, and jobs to prevent crime. Specifies amounts to be allotted to each of the States based upon population and changes in unemployment rates. Declares the sense of Congress that priority for using funds allotted under this Act should be given to homeland security, medicaid, public health, highway construction, childcare, elementary, secondary, and higher education, and the prevention of additional property tax increases.

Bill· HRH.R. 1205 (108th)referred

MediKids Health Insurance Act of 2003

United States · United States Congress · 11 March 2003

MediKids Health Insurance Act of 2003 - Amends the Social Security Act (SSA) to allow certain eligible individuals born after December 31, 2004, who have not attained age 23, to enroll in the MediKids Program under new SSA title XXII established by this Act for entitlement to benefits specified by the Secretary of Health and Human Services (HHS). Includes among such benefits early and periodic screening, diagnostic services, and treatment services under Medicaid (SSA title XIX), and prescription drugs and biologicals. Provides for: (1) cost-sharing; (2) a payment schedule for covered benefits; (3) a monthly MediKids premium and the means for payment of it; and (4) a reduction in premium for certain low-income families. Creates in the Treasury the MediKids Trust Fund for collected premiums, appropriated amounts, and other revenues for use in funding the coverage provided under the MediKids Program and maintaining its financial solvency. Authorizes the Secretary to implement a care coordination services program including specified elements under which eligible individuals may elect to have health care services covered under SSA title XXII managed and coordinated by a designated care coordinator. Amends SSA title XVIII (Medicare) to increase the membership of the Medicare Payment Advisory Commission, with the initial terms of additional members staggered. Amends the Internal Revenue Code to: (1) impose a MediKids premium tax in the case of any taxpayer (with certain exceptions) required to pay a premium under the MediKids Program for an eligible individual; and (2) provide for a refundable tax credit for 50 percent of cost-sharing expenses under the MediKids Program. Directs the Secretary of the Treasury to propose a gradual schedule of progressive tax changes to fund the MediKids Program as the number of enrollees grows in the out-years.

Bill· HRH.R. 1180 (108th)referred

Hydrogen Transportation Wins Over Growing Reliance on Oil (H2 GROW) Act

United States · United States Congress · 11 March 2003

Hydrogen Transportation Wins Over Growing Reliance on Oil (H2 GROW) Act - Amends the Internal Revenue Code to establish, with respect to hydrogen fuel cell vehicles and the production and use of hydrogen used in hydrogen fuel cell vehicles, tax credits, tax deductions, depreciation benefits, and income exemptions and exclusions. Amends the Energy Policy Act of 1992 to establish minimum Federal fleet requirements with respect to hydrogen fuel cell vehicles. Establishes, as a goal, to replace reliance on 30 million barrels of foreign oil through the use of hydrogen fuel cells by December 31, 2012. Directs the Secretary of Transportation to establish an advisory commission regarding the commercialization of fuel cell motor vehicles, including the achievement of the above goal.

Bill· HRH.R. 1169 (108th)referred

To amend the Internal Revenue Code of 1986 to provide for the performance of certain tax collection services by contractors.

United States · United States Congress · 11 March 2003

Amends the Internal Revenue Code to allow for the performance of tax collection services by contractors. Permits the IRS to retain up to 25 percent of the amount collected for the costs of a contractor's services, but credits the taxpayer as having paid taxes without regard to such fee. Exempts the United States of liability for any act or omission of a contractor. Permits a civil action against a contractor for unauthorized collection activities.

Bill· HRH.R. 1177 (108th)referred

To amend the Internal Revenue Code of 1986 to provide additional choice regarding unused health benefits in cafeteria plans and flexible spending arrangements.

United States · United States Congress · 11 March 2003

Amends the Internal Revenue Code to set forth that a plan or other arrangement shall not cease to count as a cafeteria plan solely because qualified benefits under such plan include a health flexible spending arrangement under which, with respect to any plan year, not more than $500 of unused health benefits may be carried forward to the next year of such arrangement or paid to or on behalf of an employee as compensation from employment. Sets forth rules for determining whether or not such benefits shall be included or excluded from income.

Bill· HRH.R. 1216 (108th)referred

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 · 11 March 2003

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.

Bill· HRH.R. 1206 (108th)referred

Prohibition on United Nations Taxation Act of 2003

United States · United States Congress · 11 March 2003

Prohibition on United Nations Taxation Act of 2003 - Prohibits the obligation of U.S. funds to the United Nations (UN) or any of its agencies, or to the Organization for Economic Cooperation and Development (OECD) or any of its agencies, if the UN or OECD attempt to: (1) impose a tax or fee on any U.S. person; (2) impose a policy that would enable foreign governments to tax income earned inside the borders of the United States; or (3) borrow funds from the International Bank for Reconstruction and Development (World Bank), the International Monetary Fund, or any other similar or regional international financial institution. Prohibits the obligation of U.S. funds to the UN or any of its agencies (including the UN Development Program), or to OECD or any of its agencies, unless the President certifies to Congress 15 days in advance of such payment that the UN or OECD and their agencies are not engaged in any efforts to develop or promote any taxation or fee proposals in order to raise revenue or any proposals allowing foreign taxation on U.S.-source income.

Bill· HRH.R. 1186 (108th)referred

To amend the Internal Revenue Code of 1986 to provide for proration of the heavy vehicle use tax between successive purchasers of the same vehicle.

United States · United States Congress · 11 March 2003

Amends Internal Revenue Code provisions concerning the excise tax on heavy highway vehicles (over 55,000 pounds) to provide that if in any taxable period a highway motor vehicle is sold before the last day in such period by the person who paid the excise tax for any portion of such period ending with such last day, the portion of the tax for the period from the date of the sale to such last day shall be refunded (without interest). Specifies that the refund shall be made not later than 45 days after such last day.

Bill· HRH.R. 1185 (108th)referred

To clarify the tax status of the Young Men's Christian Association retirement fund.

United States · United States Congress · 11 March 2003

Amends Federal law to specify that the retirement fund of the Young Men's Christian Association (the YMCA) shall be treated as a Church Plan under the Internal Revenue Code. Classifies the YMCA's retirement plans (including the reserve accounts for such plans) under the Code as retirement income accounts provided by churches for years on or after January 1, 2002.

Bill· SS. 582 (108th)referred

Coal Energy Research Development and Demonstration Act of 2003

United States · United States Congress · 10 March 2003

Coal Energy Research Development and Demonstration Act of 2003 - Instructs the Secretary of Energy to: (1) perform an assessment that identifies cost and performance goals of technologies permitting continued cost-competitive use of coal for electricity generation, as chemical feedstocks, and as transportation fuel in 2007, 2015, and the years after 2020; and (2) implement a technology research, development, and demonstration program to facilitate production and generation of coal-based power through methods and equipment under designated statutes. Prescribes conditions and criteria for the authorization of appropriations for a clean coal power initiative program. Instructs the Secretary to award competitive, merit-based grants to universities for the establishment of Centers of Excellence for Energy Systems of the Future. Amends the Internal Revenue Code of 1986 to establish income tax credits for investment in and for production from a qualifying advanced clean coal technology facility. Prescribes guidelines for the treatment of persons not able to use the entire credit relating to clean coal technology.

Bill· SS. 576 (108th)referred

Business Property Economic Revitalization Act of 2003

United States · United States Congress · 7 March 2003

Business Property Economic Revitalization Act of 2003 - Amends the Internal Revenue Code to classify qualified leasehold improvement property (defined as certain improvements made to an interior portion of nonresidential real property) as ten-year property for depreciation purposes under the Accelerated Cost Recovery System.

Bill· SS. 552 (108th)referred

A bill to amend the Internal Revenue Code of 1986 to clarify the excise tax exemptions for aerial applicators of fertilizers or other substances.

United States · United States Congress · 6 March 2003

Amends the Internal Revenue Code to eliminate the waiver requirement by a farm owner, operator, or tenant in order for an aerial applicator of agricultural fertilizer or other substances to qualify for a gasoline-farming use (excise) tax exemption in the case of an applicator who is the ultimate purchaser of the gasoline so used. Includes within such exemption gasoline used between the airfield and farm. Exempts fixed-wing aircraft used for forestry purposes from the passenger air transportation (excise) tax.

Bill· SS. 557 (108th)referred

Civil Rights Tax Relief Act of 2003

United States · United States Congress · 6 March 2003

Civil Rights Tax Relief Act of 2003 - Amends the Internal Revenue Code to exclude from gross income amounts received by a claimant on account of claims based on unlawful discrimination (as defined). Permits income averaging for backpay and frontpay awards received on account of such claims.

Bill· SS. 565 (108th)referred

Homeland Protection and Tax Hike Prevention Act of 2003

United States · United States Congress · 6 March 2003

Homeland Protection and Tax Hike Prevention Act of 2003 - Requires the Secretary of Homeland Security to award grants to eligible States and metropolitan cities, with different specified allocations based on population and on risk, including proximity to chemical security, nuclear security, port security, international borders, and disaster medical assistance teams. Specifies optional uses of such funds. Requires the Secretary of the Treasury to make budget crisis relief grants to States and local governments, with allocations based on population and on unemployment. Provides for specified adjustments of Medicaid Federal Medical Assistance Percentage (FMAP) under title XIX (Medicaid) of the Social Security Act, and increases the cap on Medicaid payments to territories for further fiscal relief.

Bill· SS. 545 (108th)referred

Small Business Health Fairness Act of 2003

United States · United States Congress · 6 March 2003

Small Business Health Fairness Act of 2003 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to revise provisions relating to access and choice for small business employers with respect to medical care for their employees. Establishes rules governing association health plans (group health plans whose sponsors are trade, industry, professional, chamber of commerce, or similar business associations), including requirements relating to certification, sponsors and boards of trustees, participation, coverage, plan documents, contribution rates, benefit options, applications for certification, notice for voluntary termination, corrective actions, and mandatory termination. Requires association health plans which provide health benefits in addition to health insurance coverage to maintain certain reserves and comply with other solvency provisions. Directs the Secretary of Labor to apply for appointment, and carry out specified duties, as trustee of any such insolvent association health plans which provide health benefits in addition to health insurance coverage. Allows a State to impose a contribution tax on any association health plan commencing operations in such State after the enactment of this Act. Requires association health plans to include in their summary plan descriptions, in connection with each benefit option, a description of the form of any solvency or guarantee fund protection secured under ERISA or applicable State law. Revises provisions relating to treatment of: (1) single employer arrangements; and (2) certain collectively bargained arrangements. Provides for association health plans with respect to: (1) enforcement; (2) cooperation between Federal and State authorities; and (3) treatment of certain existing health benefit programs.

Bill· HRH.R. 1149 (108th)open

Asthma Awareness, Education and Treatment Act of 2003

United States · United States Congress · 6 March 2003

Asthma Awareness, Education and Treatment Act of 2003 - Authorizes the Secretary of Health and Human Services to make grants to public and nonprofit private entities for projects for specified asthma-related activities for low-income communities, including screening and referrals, information and education, and workshops for parents and other individuals who supervise children. Authorizes the Secretary also to award contracts to provide for a national media campaign to inform the public and health care providers on asthma, allergies, and related respiratory problems, especially in children. Amends the Internal Revenue Code to allow a taxpayer licensed and engaged in the trade or business of providing pest control services or heating, ventilation, and air conditioning services, an income tax credit for the aggregate cost of providing such services without charge to: (1) public housing; or (2) any multifamily residential rental property at least 75 percent of whose occupants are reasonably expected to have incomes below 200 percent of the official poverty line. Requires the Secretary to disseminate information about such credit. Directs the Secretary to provide for research into whether and to what extent there is a causal relationship between air pollutants and the occurrence of asthma, allergies, and related respiratory problems. Requires the Director of the National Heart, Lung, and Blood Institute, through the National Asthma Education Prevention Program Coordinating Committee, to: (1) identify all Federal programs that carry out asthma-related activities; and (2) develop and submit to Congress a Federal plan for responding to asthma.

Bill· HRH.R. 1114 (108th)open

Asbestos Compensation Act of 2003

United States · United States Congress · 6 March 2003

Asbestos Compensation Act of 2003 - Establishes in the Department of Justice the Office of Asbestos Compensation (OAC) with exclusive jurisdiction over proceedings to determine if a claimant is entitled to compensation for an asbestos claim and the amount of such compensation. Excludes any claim brought under any workers' compensation law or veterans' benefits program. Establishes within OAC: (1) an Asbestos Compensation Fund to make payments to claimants under this Act; and (2) an Office of Administrative Law Judges for expedited administrative adjudication of asbestos claims.. Requires the OAC to implement a legal assistance program to provide legal representation to claimants. Prescribes guidelines governing: (1) medical eligibility; (2) damages; (3) come back rights; (4) class actions; (5) core claims; (6) eligible medical categories; (7) fiscal and financial management of the Asbestos Compensation Fund; and (8) transitional civil actions.

Bill· HRH.R. 1147 (108th)referred

Child Safety Lock Act of 2003

United States · United States Congress · 6 March 2003

Child Safety Lock Act of 2003 - Amends the Brady Handgun Violence Prevention Act to define a firearm "locking device." Makes it unlawful for a licensed manufacturer, importer, or dealer to sell, deliver, or transfer a handgun without a locking device and specified warnings to any person other than a licensed manufacturer, importer, or dealer, with exceptions for law enforcement officers and governmental entities. Sets forth civil penalties, including suspension or loss of license, for related violations. Directs the Attorney General to: (1) prescribe such regulations governing the design, manufacture, and performance of trigger lock devices as are necessary to reduce or prevent the unintentional discharge of handguns, including setting a minimum safety standard to prevent children who have not attained age 18 from operating a handgun; and (2) in developing the standard, to consider such devices that are not detachable. Authorizes the Attorney General to issue an order prohibiting the manufacture, sale, transfer, or delivery of a trigger lock device which the Attorney General finds has been designed, manufactured, transferred, or distributed in violation of this Act. Grants the Attorney General specified authority regarding: (1) recall, repair, replacement, or refund with respect to such devices; and (2) inspections. Authorizes the Attorney General to: (1) assess a civil penalty of up to $10,000 per violation; and (2) revoke a Federal firearms license for a violation of this Act. Imposes criminal penalties for knowingly violating this Act. Directs that a portion of firearms tax revenue be used for public education programs on the safe storage and use of firearms.

Bill· HRH.R. 1166 (108th)referred

To amend the Small Business Act to expand and improve the assistance provided by Small Business Development Centers to Indian tribe members, Native Alaskans, and Native Hawaiians.

United States · United States Congress · 6 March 2003

Amends the Small Business Act to authorize a Small Business Development Center in an eligible State to apply for an additional Small Business Administration grant to be used solely to provide services to assist with outreach, development, and enhancement on Indian lands of small business startups and expansions owned by Indian tribe members, Native Alaskans, and Native Hawaiians (members and Natives). Defines an eligible State as one in which at least one percent of its population is comprised of such members and Natives. Limits each grant to $300,000 in a fiscal year. Requires a State receiving such a grant to request the advice of local tribal councils on how best to provide assistance to such members or Natives and where to locate satellite centers to provide such assistance.

Bill· HRH.R. 1163 (108th)referred

Simple Savings Tax Relief Act of 2003

United States · United States Congress · 6 March 2003

Simple Savings Tax Relief Act of 2003 - Amends the Internal Revenue Code to exclude from gross income up to $400 (twice such amount on a joint return) of interest income annually. Provides for an inflation adjustment to such amount.

Bill· HRH.R. 1162 (108th)referred

Invest in America Act of 2003

United States · United States Congress · 6 March 2003

Invest in America Act of 2003 - Amends Internal Revenue Code provisions concerning controlled foreign corporations to allow, during the first taxable year of a U.S. shareholder ending 90 days after enactment, a limited dividend received deduction if the distribution is reinvested pursuant to a plan, approved by the president or chief executive officer of the U.S. shareholder prior to the distribution, under which the distribution is reinvested in the United States.

Bill· HRH.R. 1159 (108th)referred

To amend the Internal Revenue Code of 1986 to clarify the treatment for foreign tax credit limitation purposes of certain transfers of intangible property.

United States · United States Congress · 6 March 2003

Amends the Internal Revenue Code to provide that for purposes of applying the foreign tax credit limitation with respect to amounts attributable to transfers of certain intangible property such amounts shall be treated in the same manner as if such amounts were royalties.

Bill· HRH.R. 1152 (108th)referred

To increase the cap on qualified small issue bonds.

United States · United States Congress · 6 March 2003

Amends the Internal Revenue Code to increase the cap on, and provide an inflation adjustment for, qualified small issue bonds.

Bill· HRH.R. 1139 (108th)referred

Frequent Flyer Tax-Free Liability Act of 2003

United States · United States Congress · 6 March 2003

Frequent Flyer Tax-Free Liability Act of 2003 - Amends the Internal Revenue Code to provide that if an individual receives frequent flyer mileage for purchase of property or services: (1) no part of such a benefit shall count as part of gross income; (2) no deduction otherwise allowable for the purchase of such property or services shall be reduced by reason of the resulting benefit; and (3) no deduction shall be permitted for any portion of travel-related service purchases for which such a benefit is utilized. Defines "frequent flyer benefit."

Bill· HRH.R. 1133 (108th)referred

To amend the Internal Revenue Code of 1986 to provide a temporary exclusion for members of reserve components of the Armed Forces and Department of Defense civilian employees serving in a combat zone and to extend the exclusion for serving in a combat zone to Department of Defense civilian employees.

United States · United States Congress · 6 March 2003

Amends the Internal Revenue Code to provide a temporary exclusion from gross income for members of reserve components of the Armed Forces and Department of Defense civilian employees serving in a combat zone and extends the exclusion for serving in a combat zone to Department of Defense civilian employees.

Bill· HRH.R. 1132 (108th)referred

Home At Last Tax Credit Act of 2003

United States · United States Congress · 6 March 2003

Home at Last Tax Credit of 2003 - Amends the Internal Revenue Code to provide a credit to promote homeownership among low-income individuals purchasing homes in a census tract targeted for reinvestment and redevelopment by the Department of Housing and Urban Development. Provides that the dollar amount of home at last tax credits received by each qualified State shall be equal to the population of the State multiplied by 40 cents, multiplied by 10, plus the unused home at last tax credit dollar amount of the state for the preceding calendar year or years. Provides for a cost-of-living adjustment. Defines a "qualified home at last loan" as a first mortgage single-family residential loan funded by a qualified lender to finance the purchase or construction or purchase and construction of a residence by a qualified borrower (meeting residence and income requirements) which has a lower-than-market interest rate as a result of a lender rate "buydown", but only if the loan, among other things: (1) does not exceed 105 percent of the purchase price of the residence; and (2) results in a monthly housing expense-to-income ratio with respect to such residence of not more than 33 percent at the time of closing. Requires annual reports from each State housing finance agency which allocates any home at last tax credit amount to any qualified lender. Prohibits carryback of home at last tax credits before the effective date.

Bill· HRH.R. 1129 (108th)referred

Installment Sale Protection Act of 2003

United States · United States Congress · 6 March 2003

Installment Sale Protection Act of 2003 - Amends the Internal Revenue Code of 1986 to make eligible for installment reporting any intangibles recapture gain from certain sales of an interest in a service business.

Bill· HRH.R. 1117 (108th)referred

Health Care Freedom of Choice Act

United States · United States Congress · 6 March 2003

Health Care Freedom of Choice Act - Amends the Internal Revenue Code to allow as a deduction any medical expenses not compensated by insurance.

Bill· HRH.R. 1140 (108th)referred

Economic Development and Technology Workforce Enhancement Act of 2002

United States · United States Congress · 6 March 2003

Economic Development and Technology Workforce Enhancement Act of 2003 - Amends the Internal Revenue Code by: (1) increasing from $10 million to $20 million the amount of qualified small issue bonds allowed for facilities to be used by certain principal users and; (2) expanding the list of exceptions from termination for technology facilities to include any software development facility, biotechnology facility, and any other technology-related research facility.

Bill· HRH.R. 1141 (108th)referred

Consumer Credit Card Compensation and Economic Incentive Act of 2003

United States · United States Congress · 6 March 2003

Consumer Credit Card Compensation and Economic Incentive Act of 2003 - Amends the Internal Revenue Code to allow an individual, from January 1, 2003 through December 31, 2007, to deduct up to $5,000 annually for credit card interest.

Bill· HRH.R. 1131 (108th)referred

Digital Divide Elimination Act of 2003

United States · United States Congress · 6 March 2003

Digital Divide Elimination Act of 2003 - Amends the Internal Revenue Code to allow a tax credit for qualified computer technology or equipment equal to 50 percent of the amount paid for it (up to $500) by any taxpayer allowed an earned income credit. Extends from December 31, 2003, through June 30, 2004, the current enhanced deduction from gross income for charitable contributions of computers for elementary or secondary school purposes. Prescribes a special rule for contributions of computer technology and equipment to a qualified organization made within three years after the taxpayer acquired or constructed the property, if: (1) the property's original use is by the donor or the donee; (2) substantially all of the property's use by the donee is within the United States and, in the case of a qualified educational organization, for educational purposes related to the organization's purpose or function; (3) the property is not transferred by the donee in exchange for money, other property, or services, except for shipping, installation, and transfer costs; and (4) other specified requirements are met.

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