Taxation

A bill to allow certain newspapers to be treated as described in section 501(c)(3) of the Internal Revenue Code of 1986 and exempt from tax under section 501(a) of such Code.

United States · United States Congress · 24 March 2009

Amends the Internal Revenue Code to exempt from income taxation a newspaper corporation or organization if: (1) it publishes on a regular basis a newspaper for general circulation; (2) its newspaper contains local, national, and international news stories of interest to the general public and the distribution of such newspaper is necessary or valuable in achieving an educational purpose; and (3) the preparation of the material contained in such newspaper follows a methodology generally accepted as educational. Exempts the advertising income of a tax-exempt newspaper corporation or organization from taxation as unrelated business income and allows a charitable tax deduction for contributions to such newspaper corporation or organization.

A bill to amend the Internal Revenue Code of 1986 to modify the tax rate for excise tax on investment income of private foundations.

United States · United States Congress · 24 March 2009

Amends the Internal Revenue Code to: (1) reduce from 2 to 1.32% the excise tax rate on the net investment income of tax-exempt private foundations; and (2) repeal the 1% reduction in such tax rate for private foundations that meet certain distribution requirements.

Clean Environment and Stable Energy Market Act of 2009

United States · United States Congress · 24 March 2009

Clean Environment and Stable Energy Market Act of 2009 - Amends the Internal Revenue Code to require covered persons (i.e., coal producers, oil refinery operators, and producers and importers of other greenhouse gases emission substances) to purchase a federal emission permit (denominated in carbon dioxide equivalents) from the Secretary of the Treasury for the sale or use of a greenhouse gas (GHG) emission substance. Exempts from such requirement GHG emission substances to be used: (1) as material in the production of another article by such person; or (2) for noncombustion agricultural purposes. Requires the Secretary to impose a GHG emission permit equivalency fee on imports of carbon intensive goods. Requires the Secretary, after consultation with the Administrator of the Environmental Protection Agency (EPA) and the Secretary of Energy, to establish a price for obtaining a permit for a year based on a determination of the dollar amount necessary to ensure that the demand for permits does not exceed the GHG emission allocations for such year. Requires the Secretary to publish a five-year price schedule for permits by January 1, 2010, and every five years thereafter. Authorizes the Secretary to modify the schedule. Sets forth a formula to determine the national GHG emission allocation limitations for 2011-2050. Provides for refunds of permit fees to specified: (1) permittees that use GHG emission substances in a manner that will make a negligible or no contribution to global warming; and (2) exporters of carbon-intensive goods. Imposes a tax on covered persons who fail to obtain a required permit. Establishes in the Treasury the Climate Protection and Economic Security Trust Fund where revenue raised from permit sales shall be deposited. Applies this Act to the sale of any GHG emission substance after December 31, 2010.

To establish the Green Bank to assist in the financing of qualified clean energy projects and qualified energy efficiency projects.

United States · United States Congress · 24 March 2009

Establishes the Green Bank as a federally owned independent corporation with a 20-year charter. Requires the Secretary of the Treasury to issue Green Bonds to acquire the Bank's capital stock. Requires the Bank to establish a program to provide, on a competitive basis, loans, loan guarantees, debt securitization, insurance, portfolio insurance, and other forms of financing support or risk management for qualifying clean energy or energy efficiency projects. Sets forth requirements for the provision of financial support from the Bank. Requires the Bank to assess reasonable fees on its activities to cover its costs and expenses, provided the Bank operates as a not-for-profit. Gives the Bank immunity from impairment, limitations, or restrictions by or under laws and administrative or other action. Authorizes the Bank to conduct its business without regard to state law relating to incorporation. Exempts the Bank from all state or local taxation except real property taxation. Requires the Chief Executive Officer of the Bank to set forth spending safeguards, including: (1) deobligating financial support to entities that demonstrate an insufficient level of performance or wasteful or fraudulent spending; and (2) creating a publicly available online database with information about financing support or risk management.

Empowerment Zone, Renewal Community and Enterprise Community Enhancement Act of 2009

United States · United States Congress · 24 March 2009

Empowerment Zone, Renewal Community and Enterprise Community Enhancement Act of 2009 - Amends Internal Revenue Code provisions relating to tax-preferred empowerment zones, rural enterprise communities, and renewal communities to: (1) extend the period of designation for such areas through 2015; (2) provide a safe harbor standard for employee residency requirements in empowerment zones; (3) eliminate certain residency requirements for the empowerment zone employment tax credit; (4) grant authority to expand the boundaries of empowerment zones and enterprise communities, including those located in rural areas; (5) allow carryovers of unused expensing allowances for enterprise zone businesses; (6) allow certain empowerment zone businesses to elect to receive payments in lieu of tax benefits; (7) allow federal guarantees and tax exemptions for enterprise zones and renewal communities; and (8) allow the issuance of tax-exempt rural enterprise community bonds and empowerment zone facility bonds.

Mitigating the Impact of Uncompensated Service and Time Act of 2009

United States · United States Congress · 24 March 2009

Mitigating the Impact of Uncompensated Service and Time Act of 2009 - Amends the Internal Revenue Code to allow certain physicians a bad debt tax deduction for their costs in providing uncompensated care as required under the Social Security Act to emergency room patients and pregnant women in labor.

Frank Melville Supportive Housing Investment Act of 2009

United States · United States Congress · 23 March 2009

Frank Melville Supportive Housing Investment Act of 2009 - Amends the Cranston-Gonzalez National Affordable Housing Act (the Act) to revise requirements for supportive housing for persons with disabilities. (Retains authority to provide such assistance to private nonprofit organizations to expand the supply of such housing.) Repeals the authority of the Secretary of Housing and Urban Development to provide tenant-based rental assistance directly to eligible persons with disabilities. Authorizes appropriations for such assistance under section 8 (rental voucher program) of the United States Housing Act of 1937 for persons with disabilities in FY2010. Modifies project rental assistance contract requirements, including renewal of, and increases in, annual contract amounts. Requires initial contracts with the sponsor of a project assisted with any low-income housing tax credit or with any tax-exempt housing bonds to have an initial term of up to 360 months and to provide funding for 60 months. Revises the requirement that all units in housing assisted by capital advances and project rental assistance contracts be made available for occupancy by very low-income persons with disabilities for at least 40 years. Requires the Secretary, within 30 days of issuing certain capital advances for multifamily projects (except group homes or independent living facilities), to delegate review and processing of such projects to a state or local housing agency meeting specified criteria. Revises tenant selection procedures. Requires a lease between a tenant and a housing owner to be for at least one year. Revises the application of cost limitations developed by the Secretary to supportive housing. Authorizes the Secretary to waive such limitations. Requires the Secretary to: (1) establish a minimum percentage of capital advances per fiscal year for multifamily projects; and (2) carry out a project rental assistance competitive demonstration program to expand the supply of supportive housing for non-elderly adults with disabilities and with extremely low-incomes or for extremely low-income households that include at least one disabled person. Requires the Comptroller General to study and report to Congress on the program's adequacy and effectiveness in assisting households of persons with disabilities.

To provide earmark reform in the House of Representatives.

United States · United States Congress · 23 March 2009

Amends Rule XII (Receipt and Referral of Measures and Matters) of the Rules of the House of Representatives to require the Member, Delegate, or Resident Commissioner (Members) making a request for a congressional earmark or a limited tax or tariff benefit to submit a petition with specified information to the Speaker of the House. Prohibits Members from submitting more than 10 petitions per session of Congress. Requires the Clerk of the House to make the full text of such petition publicly available within two days in a searchable, sortable, and downloadable online database, unless the subject of the petition relates to classified information. Amends Rule XXI (Restrictions on Certain Bills) to: (1) revise earmark disclosure requirements for resolutions prescribing a special order of business; and (2) eliminate separate earmark requirements for appropriations measures. Makes it out of order to consider any measure or matter (including any accompanying report or joint statement) or any amendment which contains: (1) a congressional earmark or limited tax or tariff benefit which was not the subject of a petition submitted to the Speaker and made available by the Clerk at least five legislative days before the request for it; (2) more than two congressional earmarks or limited tax or tariff benefits proposed by any Member; and (3) total new budget authority, credit authority, and other spending authority for all congressional earmarks contained in that measure (including any accompanying report or joint statement) proposed by members of each committee of initial referral that exceeds 200% of such authority as estimated by the Committee on the Budget for all earmarks contained in such measure proposed by nonmembers of those committees. Amends Rule XXIII (Code of Official Conduct) to prohibit Members from requesting a congressional earmark or limited tax or tariff benefit without complying with the petition requirements of Rule XII.

Compensation Fairness Act of 2009

United States · United States Congress · 19 March 2009

Compensation Fairness Act of 2009 - Amends the Internal Revenue Code to impose an excise tax on excessive bonuses paid by federal emergency economic assistance recipients to their employees (including directors or officers). Sets the overall rate of such tax at 70% of the amount of such bonuses, 35% payable by federal emergency economic assistance recipients and 35% payable by the employees of such recipients. Exempts bonus recipients who repay bonus amounts to the federal government. Defines "excessive bonus" as any retention bonus or other bonus that exceeds $50,000 paid by a federal emergency economic assistance recipient after December 31, 2008. Defines "federal emergency economic assistance recipient" as: (1) an entity and its affiliates to which the federal government has paid an aggregate of more than $100 million of assistance and in which the federal government has acquired an equity interest under a program authorized by the Emergency Economic Stabilization Act of 2008 or the Federal Reserve Act; and (2) the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). Limits to $1 million the amount of compensation which a participant in a nonqualified deferred compensation plan maintained by a federal emergency economic assistance recipient may defer in any 12-month period.

National Guard and Reserve Retired Pay Equity Act of 2009

United States · United States Congress · 19 March 2009

National Guard and Reserve Retired Pay Equity Act of 2009 - Amends the National Defense Authorization Act for Fiscal Year 2008 to back-date to September 11, 2001, the period of active duty or performed active service, in support of a contingency operation or in other emergency situations, for which members of Ready Reserve components of the Armed Forces shall receive credit in determining eligibility for early receipt of non-regular service retired pay.

Second Look at Wasteful Spending Act of 2009

United States · United States Congress · 19 March 2009

Second Look at Wasteful Spending Act of 2009 - Amends the Congressional Budget and Impoundment Control Act of 1974 to authorize the President to transmit annually to Congress a maximum of four special messages that propose to rescind dollar amounts of discretionary budget authority, items of direct spending, and targeted tax benefits. Requires an analysis by: (1) the Congressional Budget Office (CBO) of an estimated savings in budget authority or outlays resulting from any such rescission; and (2) the Joint Committee on Taxation of an estimated savings resulting from repeal of targeted tax benefits. Requires any rescinded budget authority, items of direct spending, or targeted tax benefit to be dedicated only to deficit reduction, and not to be used as an offset for other spending increases or revenue reductions. Provides for adjustment of: (1) committee allocations resulting from such rescission; and (2) applicable limits, as appropriate, under this Act. Sets forth procedures for expedited congressional consideration of a proposed rescission.

Incentive to Serve Tax Act

United States · United States Congress · 19 March 2009

Incentive to Serve Tax Act - Amends the Internal Revenue Code to allow employers a business tax credit for 25% of wages paid to employees while such employees are performing certain services (e.g., services advancing the improvement of education, health care access, energy conservation, economic opportunities for economically disadvantaged individuals, and disaster preparedness and response) for charitable organizations and community agencies. Limits the amount of wages eligible for such credit to $100,000 per employee.

Cures Can Be Found Act of 2009

United States · United States Congress · 19 March 2009

Cures Can Be Found Act of 2009 - Amends the Internal Revenue Code to allow tax credits for: (1) donations to stem cell research or storage facilities; and (2) donations of umbilical cord blood. Allows credits only for donations to facilities that do not engage in research on stem cells derived from human embryos. Allows a business tax credit for stem cell research and storage expenses.

Military Personnel Income Tax Exclusion Act

United States · United States Congress · 19 March 2009

Military Personnel Income Tax Exclusion Act - Amends the Internal Revenue Code to exclude from the gross income of members of the uniformed services for income tax purposes certain military benefits and basic pay.

VETS Act of 2009

United States · United States Congress · 19 March 2009

Veterans' Employment Transition Support Act of 2009 or the VETS Act of 2009- Amends the Internal Revenue Code to allow employers a general business tax credit for hiring certain veterans certified by designated local agencies as having served on active duty (other than for training) in the Armed Forces for a period of more than 180 days or having been discharged or released from active duty for a service-connected disability. Sets the amount of such credit at 40% of the first-year wages of such veterans and increases the percentage of such credit for disabled veterans based upon their disability ratings.

Helping Americans Keep Their Homes Act of 2009

United States · United States Congress · 19 March 2009

Helping Americans Keep Their Homes Act of 2009 - Amends the Internal Revenue Code to: (1) increase from $10,000 to $15,000 the limit on penalty-free distributions from tax-exempt retirement plans for the purchase of a principal residence by a first-time homebuyer; (2) suspend the first-time homebuyer requirement for such distributions that are made before January 1, 2011; and (3) exempt loans from individual retirement accounts (IRAs) used to refinance a principal residence from certain prohibited transaction tax rules until 2011.

Made in America Act of 2009

United States · United States Congress · 19 March 2009

Made in America Act of 2009 - Amends the Internal Revenue Code to: (1) make permanent the tax credit for increasing research activities; (2) increase to 20% the rate of the alternative simplified tax credit for research expenses; (3) make permanent the increased expensing allowance for depreciable business property; and (4) reduce to 30% the maximum income tax rate for corporations. Directs the Comptroller General to conduct studies of: (1) the impact of workplace employee health care facilities on employee health and and productivity; and (2) the best practices for encouraging college graduates from rural areas to return to those areas after graduation.

Fiscal Integrity Through Transparency and Technology (FITT) Act of 2009

United States · United States Congress · 19 March 2009

Fiscal Integrity through Transparency and Technology (FITT) Act of 2009 - Amends the Congressional Budget Act of 1974 to make it out of order in the House of Representatives or in the Senate to consider any budget resolution for any fiscal year if the percentage increase for the projected total outlays compared to the projected total outlays for the preceding fiscal year exceeds the allowable growth percentage, as determined according to a specified formula. Requires a super majority vote in either chamber to waive or suspend such prohibition. Requires federal departments and agencies to report annually to the Comptroller General, and federal intelligence departments and agencies and their intelligence-related divisions to report annually to the House Select Committee on Intelligence, on total department or agency operating costs for the year, with a separate statement detailing waste, fraud, and abuse during such year. Requires each federal department or agency to design and implement a plan to reduce its operational costs from $.36 to $.15 of every $1.00 appropriated to it (or reduce such costs by 41.67%) through the use of new technologies and standard management practices. Requires the Secretary of the Treasury to include, on each federal tax return, a statement of the aggregate dollar amount of waste, fraud, and abuse by all federal departments and agencies for the most recent year accounted for.

IRA Assistance Act of 2009

United States · United States Congress · 19 March 2009

IRA Assistance Act of 2009 - Amends the Internal Revenue Code to allow premature distributions from individual retirement accounts (other than Roth IRAs) without penalty to make hardship loans.

Assisted Institution Bonus Repayment Act of 2009

United States · United States Congress · 19 March 2009

Assisted Institution Bonus Repayment Act of 2009 - Amends the Emergency Economic Stabilization Act of 2008 to require a financial institution, as a condition of receiving assistance under such Act, to certify to the Secretary of the Treasury that the 10 most highly paid executives or employees of such institution have repaid any bonuses received during the previous five fiscal years.

Hearing Aid Assistance Tax Credit Act

United States · United States Congress · 19 March 2009

Hearing Aid Assistance Tax Credit Act - Amends the Internal Revenue Code to allow a nonrefundable income tax credit of up to $500 for the purchase of a qualified hearing aid for an individual who is either: (1) age 55 or older; or (2) is claimed as a dependent of the taxpayer. Denies such tax credit to any taxpayer whose modified adjusted gross income exceeds $200,000.

Troubled Asset Relief Program Enhancement Act

United States · United States Congress · 19 March 2009

Troubled Asset Relief Program Enhancement Act - Amends the Emergency Economic Stabilization Act of 2008 (EESA) to require the Comptroller General to oversee the performance of the Troubled Asset Relief Program (TARP) in meeting EESA purposes involving public accountability for the exercise of its authority. Grants the Comptroller General access, upon request, to any information, data, schedules, books, accounts, financial records, reports, files, electronic communications, or other papers, things, or property belonging to or in use by the TARP, any entity established by the Secretary under EESA, or any entity participating in a program established under EESA, and to any of their officers, employees, directors, independent public accountants, financial advisors and any and all other agents and representatives. Requires the Comptroller General to be afforded full facilities for verifying transactions with the balances or securities held by depositories, fiscal agents, and custodians. Prohibits the Comptroller General from disclosing publicly any proprietary or trade secret information obtained under this Act.

To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income of long-term capital gains on property purchased before the end of 2009.

United States · United States Congress · 19 March 2009

Amends the Internal Revenue Code to exclude from gross income long-term gain on capital assets acquired between the date of enactment of this Act and December 31, 2009.

DEPARTMENT OF DEFENSE APPROPRIATIONS FOR FISCAL YEAR 2010

United States · United States Senate · 18 March 2009

DEPARTMENT OF DEFENSE FISCAL YEAR 2010 BUDGET

United States · United States House of Representatives · 18 March 2009

DEPARTMENT OF DEFENSE APPROPRIATIONS FOR FISCAL YEAR 2010

United States · United States Senate · 18 March 2009

Tribal Health Promotion and Tribal Colleges and Universities Advancement Act of 2009

United States · United States Congress · 18 March 2009

Tribal Health Promotion and Tribal Colleges and Universities Advancement Act of 2009 - Through Higher Education: Promoting the Advancement of Tribal Health Act or THE PATH Act - Defines "tribal college or university" as having the meaning given the term by specified provisions of the Higher Education Act of 1965. Requires the Secretary of Health and Human Services to enter into a memorandum of agreement with the American Indian Higher Education Consortium for equitable Native American participation in HHS programs, services, and resources and to provide technical assistance to tribal colleges and universities. Requires grants to, or cooperative agreements with, tribal colleges and universities for: (1) health and wellness fairs, health promotion and disease prevention programs, and programs to reduce tribal community health disparities; (2) developing and strengthening public health professional degree programs; (3) research, grant management, and coordination of tribal college and university activities; and (4) research on health promotion and disease prevention. Establishes the Tribal College and University Rural Health Equity Endowment Fund to endow a tribal health professions workforce development program. Advancing Tribes Through Tribal Colleges and Universities Act or the AT TCUs Act - Amends the Workforce Investment Act of 1998 to require the Secretary of Labor to establish the TCU Native Prosperity Program of grants to, or cooperative agreements with, tribal colleges and universities for economic development, entrepreneurship, community development, and sound fiscal leadership in Indian communities.

Firearms Fairness and Affordability Act

United States · United States Congress · 18 March 2009

Firearms Fairness and Affordability Act - Amends the Internal Revenue Code to require excise taxes on recreational equipment to be due and payable on the date for filing the return for such taxes.

FAA Air Transportation Modernization and Safety Improvement Act

United States · United States Congress · 18 March 2009

Imposes an additional income tax on bonuses paid to employees or former employees of covered Troubled Assets Relief Program (TARP) recipients. Defines "covered TARP recipient" to include: (1) entities and their affiliates that received capital infusions under the Emergency Economic Stabilization Act of 2008 exceeding $5 billion; and (2) the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). Exempts entities that repay TARP amounts exceeding a $5 billion threshold. Sets the rate of such tax at 90% of the lesser of: (1) the bonus amounts paid; or (2) the amount of such taxpayer's adjusted gross income exceeding $250,000 ($125,000 in the case of a married individual filing a separate return). Exempts any employee who irrevocably waives or returns a bonus payment before the close of the taxable year in which such payment is due.

Income Equity Act of 2009

United States · United States Congress · 18 March 2009

Income Equity Act of 2009 - Amends the Internal Revenue Code to: (1) deny employers a tax deduction for payments of excessive compensation to any full-time employee (i.e., compensation for services exceeding the greater of 25 times the lowest compensation paid to any other employee or $500,000); and (2) require such employers to file a report with the Secretary of the Treasury on excessive compensation (as defined by this Act) paid to their employees. Defines "compensation" to include wages, salary, deferred compensation, retirement contributions, options, bonuses, property, and other forms of compensation.

TARP Wage Accountability Act

United States · United States Congress · 18 March 2009

TARP Wage Accountability Act - Amends the Emergency Economic Stabilization Act of 2008 to prohibit financial institutions that have received more than $10 billion under the Troubled Asset Relief Program (TARP) from increasing the compensation of any of their officers, directors, or employees for a fiscal year by a percentage greater than the federal civil service pay increase for such fiscal year.

Communities Committed to College Tax Credit Act of 2009

United States · United States Congress · 18 March 2009

Communities Committed to College Tax Credit Act of 2009 - Amends the Internal Revenue Code to allow a tax credit for 50% of any contribution to a tax-exempt scholarship funding trust established to provide scholarships for individuals with demonstrated financial need to attend institutions of higher education.

AIG Key Executives Bonus Accountability and Capture (TAKE BACK) Act

United States · United States Congress · 18 March 2009

AIG Key Executives Bonus Accountability and Capture (TAKE BACK) Act - Amends the Internal Revenue Code to impose a 100% income tax on bonuses (over $1) paid to employees by entities who received financial assistance under the Troubled Asset Relief Program (TARP).

Segal AmeriCorps Education Award Tax Relief Act of 2009

United States · United States Congress · 18 March 2009

Segal AmeriCorps Education Award Tax Relief Act of 2009 - Amends the Internal Revenue Code to exclude from gross income for income tax purposes AmeriCorps educational awards awarded under the National and Community Service Act of 1990.

To amend title 37, United States Code, to guarantee a pay increase for members of the uniformed services for fiscal years 2011 through 2014 of one-half of one percentage point higher than the Employment Cost Index.

United States · United States Congress · 18 March 2009

Guarantees a pay increase for uniformed services members for FY2011-FY2014 of 0.5% higher than the Employment Cost Index.

DEPARTMENT OF DEFENSE AUTHORIZATION FOR APPROPRIATIONS FOR FISCAL YEAR 2010

United States · United States Senate · 17 March 2009

A bill to provide additional personnel authorities for the Special Inspector General for Afghanistan Reconstruction.

United States · United States Congress · 17 March 2009

Amends the National Defense Authorization Act for Fiscal Year 2008 to authorize the Special Inspector General for Afghanistan Reconstruction to exercise certain employment and employment-related authorities currently permitted for the heads of temporary organizations established by law or executive order.

Imported Ethanol Parity Act

United States · United States Congress · 17 March 2009

Imported Ethanol Parity Act - Requires the President to: (1) reduce semiannually the temporary duty imposed on ethanol by an amount equal to the reduction in any federal income or excise tax credit for alcohol and ethanol blends used as fuel; and (2) take other necessary actions to ensure that the combined temporary duty and any other duty imposed on ethanol is equal to, or lower than, any federal income or excise tax credit applicable to ethanol.

To amend the Act titled "An Act to provide for the establishment of the Indiana Dunes National Lakeshore, and for other purposes" to allow the acquisition of lands by payment of delinquent taxes.

United States · United States Congress · 17 March 2009

Permits the Secretary of the Interior, with respect to the Indiana Dunes National Lakeshore in Indiana, to make acquisitions to the boundaries of the Lakeshore from units of state or local government by satisfaction of delinquent state or local taxes.

To amend the Internal Revenue Code of 1986 to make the credit for research activities permanent and to provide an increase in such credit for taxpayers whose gross receipts are predominantly from domestic production activities.

United States · United States Congress · 17 March 2009

Amends the Internal Revenue Code to: (1) make permanent the tax credit for increasing research activities; and (2) increase the amount of such credit for taxpayers who earn more than 50% of their gross receipts from domestic production activities.

To amend the Internal Revenue Code of 1986 to provide a standard deduction for the business use of a home.

United States · United States Congress · 17 March 2009

Amends the Internal Revenue Code to allow a taxpayer who uses a residence to conduct a trade or business a standard tax deduction equal to the lesser of $2,500 or the taxpayer's gross trade or business income derived from the business use of such residence.

SAFE Commission Act

United States · United States Congress · 17 March 2009

Securing America's Future Economy Commission Act or SAFE Commission Act - Establishes the Securing America's Future Economy (SAFE) Commission to develop legislation designed to address: (1) the unsustainable imbalance between long-term federal spending commitments and projected revenues; (2) increases in net national savings to provide for domestic investment and economic growth; (3) the implications of foreign ownership of federally issued debt instruments; and (4) revision of the budget process to place greater emphasis on long-term fiscal issues. Requires the Commission to: (1) develop one or two methods for estimating the cost of legislation as an alternative to the current Congressional Budget Office (CBO) method; and (2) hold at least one town-hall style public hearing within each federal reserve district. Requires the Commission to submit a legislative proposal to Congress and the President. Authorizes the President to submit to Congress an alternative proposal. Authorizes the Committee on the Budget of either chamber to publish its own alternative proposal in the Congressional Record. Sets forth procedures for consideration of such legislation. Requires CBO to prepare a long-term cost estimate and have it published in the Congressional Record as expeditiously as possible whenever requested to do so by the Commission, the President, or the chairman or ranking minority member of the Committee on the Budget of either chamber.

Stephanie Tubbs Jones Collegiate Housing and Infrastructure Act of 2009

United States · United States Congress · 17 March 2009

Stephanie Tubbs Jones Collegiate Housing and Infrastructure Act of 2009 - Amends the Internal Revenue Code to allow tax-exempt charitable or educational organizations to make collegiate housing and infrastructure improvement grants to certain tax-exempt social clubs (e.g., college fraternities and sororities) which apply such grants to their collegiate housing property.

To amend the Internal Revenue Code of 1986 to impose a tax on bonuses received from companies receiving TARP funds.

United States · United States Congress · 17 March 2009

Amends the Internal Revenue Code to impose an additional 95% income tax on bonuses paid to current or former employees of entities that received funds under the Troubled Asset Relief Program (TARP) of the Emergency Economic Stabilization Act of 2008.

To authorize appropriations for the National Historical Publications and Records Commission through fiscal year 2014.

United States · United States Congress · 17 March 2009

Authorizes appropriations for the National Historical Publications and Records Commission for FY2010-FY2014.

Permanent Internet Tax Freedom Act of 2009

United States · United States Congress · 17 March 2009

Permanent Internet Tax Freedom Act of 2009 - Amends the Internet Tax Freedom Act to make permanent the ban on state and local taxation of Internet access and on multiple or discriminatory taxes on electronic commerce.

Taxpayer Protection Act

United States · United States Congress · 17 March 2009

Taxpayer Protection Act - Amends the Internal Revenue Code to impose a 90% income tax on bonuses paid to employees after 2008 by entities that received financial assistance under the Troubled Asset Relief Program (TARP).

To amend the Internal Revenue Code of 1986 to increase the amount allowed as a deduction for start-up expenditures.

United States · United States Congress · 17 March 2009

Amends the Internal Revenue Code to increase in taxable years beginning in 2009, 2010, or 2011: (1) the limit on the tax deduction for trade or business start-up expenditures from $5,000 to $20,000; and (2) the threshold amount for reducing such limit.

To amend the Internal Revenue Code of 1986 to impose a 100 percent tax on bonuses paid by businesses that receive TARP assistance and are majority owned by the Federal Government.

United States · United States Congress · 17 March 2009

Amends the Internal Revenue Code to impose an additional 100% income tax on bonuses paid to the employees of entities that received assistance under the Troubled Asset Relief Program (TARP) of the Emergency Economic Stabilization Act of 2008 and in which the federal government has an ownership interest greater than 50%.

Cell Tax Fairness Act of 2009

United States · United States Congress · 16 March 2009

Cell Tax Fairness Act of 2009 - Prohibits states or local governments from imposing any new discriminatory tax on mobile services, mobile service providers, or mobile service property for five years after the enactment of this Act. Defines "new discriminatory tax" as a tax imposed on mobile services, providers, or property that is not generally imposed on other types of services or property, or that is generally imposed at a lower rate.