Skip to content
PoliticalRepoPoliticalRepo

Subjects · US

Taxation

Records whose title is actually about this topic. Use a country filter if the list is still too broad.

1,101 records in US in 2001

Records

Bill· HRH.R. 627 (107th)open

Rural American Prosperity Act of 2001

United States · United States Congress · 14 February 2001

Rural America Prosperity Act of 2001 - Amends the Internal Revenue Code to make revisions concerning both farmers and non-farmers. Provides for, with respect to all taxpayers, among other things: (1) the repeal of the estate, gift, and generation-skipping taxes; and (2) the deduction of 100 percent of health insurance costs for the self-employed. Provides for, with respect to farmers, among other things: (1) the limited exclusion of the gain from the sale of qualified farmland; and (2) a limited deduction for contributions to a Farm and Ranch Risk Management Account. Provides for a study of the costs of regulations on farmers, ranchers, and foresters. Reciprocal Trade Agreement Authorities Act of 2000 - Authorizes the President, whenever the President determines that one or more existing duties or other import restrictions of any foreign country or the United States are unduly burdening and restricting the foreign trade of the United States to enter into trade agreements with foreign countries (during a limited time period) which, among other things: (1) create more open, equitable, and reciprocal market access; (2) reduce or eliminate trade barriers that decrease market opportunities for U.S. exports; (3) expand market opportunities for U.S. exports; (4) obtain reciprocal tariff and non-tariff barrier elimination; and (5) free the transfer of funds relating to investments. Agricultural Trade Freedom Act - Amends the Agricultural trade Act of 1978 to exempt, subject to specified exceptions, agricultural commodities made available as a result of commercial sales from a unilateral trade sanction imposed by the United States on another country.

Bill· HRH.R. 625 (107th)referred

Federal School Construction Act of 2001

United States · United States Congress · 14 February 2001

Federal School Construction Act of 2001 - Amends the Elementary and Secondary Education Act of 1965 to revise and reauthorize provisions for school infrastructure improvement. Directs the Secretary of Education to award grants for the construction, repair, renovation, and modernization of public school facilities to eligible local educational agencies in specified categories based on numbers of students enrolled, and to set maximum award amounts for each such category. Requires reservation of one percent of program funds to provide assistance to schools operated predominantly for Native American or Alaska Native students. Amends the Internal Revenue Code to establish a limited tax credit for holders of qualified public school modernization bonds. Repeals a restriction on zone academy bond holders. Amends the General Education Provisions Act to apply certain labor standards on construction projects financed under such public school modernization bond program and specified zone academy bond provisions. Amends the Workforce Investment Act of 1998 to establish provisions concerning local employment and training activities related to the construction or reconstruction of public school facilities.

Bill· HRH.R. 647 (107th)referred

Help for America's Uninsured Act of 2001

United States · United States Congress · 14 February 2001

Help for America's Uninsured Act of 2001 - Amends the Internal Revenue Code to permit an individual to designate a portion of any tax overpayment for the Health Coverage for the Uninsured Trust Fund, which shall use such funds to provide injury and catastrophic illness protection to individuals without health coverage. Establishes the Health Coverage for the Uninsured Trust Fund.

Bill· HRH.R. 638 (107th)referred

Domestic Partnership Benefits and Obligations Act of 2001

United States · United States Congress · 14 February 2001

Domestic Partnership Benefits and Obligations Act of 2001 - Entitles domestic partners of Federal employees to benefits available to spouses of Federal employees. Specifies certifications required for benefit eligibility, filing requirements regarding partnership dissolution, and confidentiality requirements. Amends the Internal Revenue Code to extend the tax exemption for employer contributions to accident and health plans to domestic partners under this Act.

Bill· HRH.R. 634 (107th)referred

Straight Talk on Social Security Act of 2001

United States · United States Congress · 14 February 2001

Straight Talk on Social Security Act of 2001 - Amends the Social Security Act to require Social Security account statements to contain additional information, such as a statement of the current Social Security tax rates applicable to wages and self-employment income, including an indication of the combined total of such rates of employee and employer taxes with respect to wages.

Bill· HRH.R. 702 (107th)open

Personal Watercraft Responsible Use Act of 2001

United States · United States Congress · 14 February 2001

Personal Watercraft Responsible Use Act of 2001 - Directs the Secretary of Commerce to withhold up to ten percent of grants made to a coastal State for development and administration of a management program for the land and water resources of its coastal zone in each fiscal year unless such State implements certain enforceable policies prohibiting a person from operating a personal watercraft in excess of no-wake speed in its coastal waters. Requires a coastal State's management program to include provisions that designate sensitive areas of its coast with respect to the enforcement of such policies in such areas. Directs the Secretary of Transportation to establish certain guidelines and standards for the operation of personal watercraft, consistent with the enforceable policies, in the national boating safety program. Authorizes the Secretary of Transportation, subject to the availability of appropriations, to make recreational boating law enforcement grants to States that have: (1) implemented a recreational boating safety program incorporating the national guidelines and standards for personal watercraft; and (2) adopted the enforceable policies under this Act, if the State is a coastal State. Authorizes the Secretary of Transportation, subject to the availability of appropriations, to make grants to States to support the activities of collaborative task forces to minimize conflicts between personal watercraft and other recreational and commercial users.

Bill· HRH.R. 710 (107th)referred

Survivor Benefits Tax Fairness Act

United States · United States Congress · 14 February 2001

Survivor Benefits Tax Fairness Act - Amends the Taxpayer Relief Act of 1997 to extend to survivors of public safety officers killed in the line of duty before December 31, 1996, the same tax benefits available to the survivors of such officers killed after such date.

Bill· HRH.R. 703 (107th)referred

Teacher Tax Credit Act

United States · United States Congress · 14 February 2001

Teacher Tax Credit Act - Amends the Internal Revenue Code to provide an annual credit of up to $1,000 to public kindergarten, elementary, and secondary school teachers, instructors, counselors, aides, and principals for: (1) qualified education expenses; (2) qualified professional development expenses; and (3) interest paid on any qualified education loan.

Bill· HRH.R. 661 (107th)referred

Life Insurance Tax Simplification Act of 2001

United States · United States Congress · 14 February 2001

Life Insurance Tax Simplification Act of 2001 - Amends the Internal Revenue Code to repeal provisions: (1) providing for the reduction in certain deductions of mutual life insurance companies; and (2) relating to distributions to shareholders from pre-1984 policyholders surplus accounts.

Bill· HRH.R. 662 (107th)referred

Farm and Ranch Risk Management Act

United States · United States Congress · 14 February 2001

Farm and Ranch Risk Management Act - Amends the Internal Revenue Code to allow an individual engaged in an eligible farming or commercial fishing business a deduction for any taxable year of up to 20 percent of taxable income attributable to the eligible farming or commercial fishing business which was paid in cash by the taxpayer to a Farm and Ranch Risk Management Account (FARRM Account). Includes distributions from a FARRM account in the taxpayer's gross income, and subjects to a special ten percent surtax any distributions not made within five years of contribution. Establishes a tax on excess contributions, but exempts the taxpayer from the tax on certain prohibited transactions.

Bill· HRH.R. 673 (107th)referred

Charity To Eliminate Poverty Tax Credit Act of 2001

United States · United States Congress · 14 February 2001

Charity To Eliminate Poverty Tax Credit Act of 2001 - Amends the Internal Revenue Code to allow a taxpayer to elect a credit (in lieu of a deduction otherwise available) of up to $100 ($200 for joint filers) for cash contributions to a qualifying charity whose primary activity is assistance to the poor.

Bill· HRH.R. 678 (107th)referred

Student Loan Relief Act of 2001

United States · United States Congress · 14 February 2001

Student Loan Relief Act of 2001 - Amends the Internal Revenue Code to: (1) eliminate the 60-month limit on student loan interest deductions; and (2) increase the student loan interest deduction income limitation.

Bill· HRH.R. 658 (107th)referred

Farmer Tax Fairness Act

United States · United States Congress · 14 February 2001

Farmer Tax Fairness Act - Amends the Internal Revenue Code to provide that income averaging for farmers shall not increase alternative minimum tax liability.

Bill· HRH.R. 657 (107th)referred

Small Business Expensing Improvement Act of 2001

United States · United States Congress · 14 February 2001

Small Business Expensing Improvement Act of 2001 - Amends the Internal Revenue Code with respect to the expensing of depreciable business assets (section 179) to: (1) increase maximum annual amounts and the phase-out threshold (eliminating the current phase-in of annual increases); and (2) make certain computer software and property used for lodging eligible for expensing.

Bill· HRH.R. 656 (107th)referred

Cash Accounting for Small Business Act of 2001

United States · United States Congress · 14 February 2001

Cash Accounting for Small Business Act of 2001 - Amends the Internal Revenue Code to prohibit an eligible taxpayer from being required to use an accrual method of accounting for a taxable year if the such taxpayer's average annual gross receipts for the preceding three-year period does not exceed $5 million (to be adjusted for inflation). States that eligible small business taxpayers shall not be required to use inventories, and that property shall be treated as a material which is not incidental.

Bill· HRH.R. 610 (107th)referred

Middle Income Home Heating Assistance Act of 2001

United States · United States Congress · 14 February 2001

Middle Income Home Heating Assistance Act of 2001 - Amends the Internal Revenue Code to allow a refundable income-based credit of up to $500 per year for specified natural gas costs incurred for residential heating. Requires persons supplying natural gas at the retail level to provide consumers, upon request, with sufficient information to determine eligibility for, and the amount of, such credit.

Bill· HRH.R. 636 (107th)referred

To amend the Internal Revenue Code of 1986 to permit private educational institutions to maintain qualified tuition programs which are comparable to qualified State tuition programs, and for other purposes.

United States · United States Congress · 14 February 2001

Amends the Internal Revenue Code to permit private educational institutions to maintain qualified tuition programs which are comparable to qualified State tuition programs. Revises provisions concerning distributions for qualified education expenses.

Bill· SS. 312 (107th)open

Tax Empowerment and Relief for Farmers and Fishermen (TERFF) Act

United States · United States Congress · 13 February 2001

Tax Empowerment and Relief for Farmers and Fishermen (TERFF) Act - Amends the Internal Revenue Code (IRC) to allow to an eligible commercial farmer or commercial fisherman a deduction, of up to 20 percent of such commercial farmer's or fisherman's taxable income which is attributable to an eligible commercial farming or fishing business, for the amount paid in cash by such commercial farmer or fisherman into a Farm, Fishing, and Ranch Risk Management Account. Amends the IRC and title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to exclude net earnings from a lease agreement (currently, an arrangement) from income with respect to farmland. Treats conservation reserve program payments as real estate rentals for self-employment earnings purposes. Exempt certain small issue agriculture bonds from the State volume cap. Sets forth a rule for determining the amount of the deduction allowable for a charitable contribution of food inventory. Extends income averaging to income from the trade or business of catching, taking, or harvesting fish intended to enter commerce through sale, barter, or trade. Disregards income averaging for farmers and commercial fishermen in computing the regular alternative minimum tax. Declares, with respect to the treatment of S corporations and to the tax exemption for farmers' cooperatives, that cooperative marketing includes the value-added processing of the products of cooperative members and other producers through animals that is by: (1) feeding such products to cattle, hogs, fish, chickens, or other animals; and then (2) selling the resulting animals or animal products. Authorizes a U.S. district court to issue a declaratory judgment relating to the initial or continuing qualification of a farmers' cooperative as tax-exempt. Provides, with respect to the small ethanol producer credit, for: (1) authorizing credit allocation among a cooperative's patrons; (2) increasing the gallon capacity for eligible producers; (3) making the credit a non-passive income credit; and (4) removing the credit from the alcohol fuel credit gross income inclusion.

Bill· SS. 315 (107th)open

Conservation Reserve Program Tax Fairness Act of 2001

United States · United States Congress · 13 February 2001

Conservation Reserve Program Tax Fairness Act of 2001 - Amends the Internal Revenue Code to treat conservation reserve program payments as real estate rentals and thus excluded from consideration in self-employment net earnings.

Bill· SS. 314 (107th)referred

A bill to amend the Internal Revenue Code of 1986 to provide declaratory judgement relief for section 521 cooperatives.

United States · United States Congress · 13 February 2001

Amends the Internal Revenue Code to permit the United States Tax Court, the United States Court of Federal Claims, or the Federal district court for the District of Columbia to provide declaratory relief respecting the initial or continuing tax-exempt status of specified farmers' cooperatives.

Bill· SS. 307 (107th)referred

Teacher Technology Training Act

United States · United States Congress · 13 February 2001

Teacher Technology Training Act - Authorizes the Secretary of Education to make grants to State educational agencies (SEAs) to award grants to local educational agencies (LEAs) to provide classroom-related technology training to credentialed elementary or secondary school teachers, on the basis of the LEAs' demonstrated need. Requires an SEA to award at least one grant to an LEA that meets criteria established by the Secretary. Directs the Secretary to award one grant to each SEA that applies, if appropriations reach a certain level for a fiscal year. Allows LEA use of grant funds to provide such training by LEA personnel on school premises.

Bill· SS. 313 (107th)referred

Farm, Fishing, and Ranch Risk Management Act

United States · United States Congress · 13 February 2001

Farm, Fishing, and Ranch Risk Management Act - Amends the Internal Revenue Code to allow an individual involved in an eligible farming or commercial fishing business to make a deductible contribution up to 20 percent of his or her farming or fishing taxable income to a Farm, Fishing, and Ranch Risk Management Account (FFARRM Account). States that: (1) Account distributions may not be used to add capacity or contribute to the overcapitalization of any fishery; (2) Account contributions shall not reduce self-employment net earnings; (3) Account distributions (other than income attributed to the Account) shall be includible in gross income, including deposits not distributed within five years.

Bill· SS. 306 (107th)referred

Coverdell Education Savings Accounts Act of 2001

United States · United States Congress · 13 February 2001

Coverdell Education Savings Accounts Act of 2001 - Amends the Internal Revenue Code, with respect to education individual retirement accounts (IRAs), to: (1) permit distributions for qualified elementary and secondary education expenses; (2) increase annual contribution limits from $500 to $2,000, with annual inflation adjustments as of tax year 2003; (3) waive the beneficiary age limitation (18) for contributions on behalf of special needs beneficiaries; (4) permit corporations to contribute to education IRAs; (5) permit annual contributions to be made until the filing date (not including extensions) for a tax year; (6) extend the time for return of excess contributions; and (7) provide for coordination with Hope and lifetime learning credit and qualified tuition program provisions. Renames such educational IRAs as Coverdell education savings accounts. Excludes from gross income: (1) employer contributions to such accounts on behalf of an employee or employee family member; and (2) account distributions.

Bill· HRH.R. 586 (107th)open

Fairness for Foster Care Families Act of 2001

United States · United States Congress · 13 February 2001

Amends the Internal Revenue Code to provide that the exclusion of State or local government foster care payments from the gross income of foster care providers shall also apply to payments by qualifying placement agencies.

Bill· HRH.R. 588 (107th)open

Fairness to Local Contractors Act

United States · United States Congress · 13 February 2001

Fairness to Local Contractors Act - Amends Federal defense procurement law to require a bidder or offeror, to be considered a responsible bidder or offeror for the construction of a public building, facility, or work, to submit a tax clearance (a document stating that such entity is in compliance with all State tax laws) from the State in which the contract is to be performed. Requires the head of a Federal agency to withhold the final payment under such a contract until the contractor submits both a tax clearance and a certification of compliance with all State laws concerning payments to employees under such contract. Authorizes an agency head to: (1) withhold from any contractor payments amounts necessary to pay any State tax liability due under such contract; and (2) pay such amount directly to such State. Directs the Secretary of Defense to require a contractor to be licensed if the State in which a construction contract is to be performed requires such a license. Requires revision of the Federal Acquisition Regulation to explain the general excise tax law of Hawaii.

Bill· HRH.R. 589 (107th)referred

Pell Grant Full Funding Act

United States · United States Congress · 13 February 2001

Pell Grant Full Funding Act - Amends the Higher Education Act of 1965 to provide for the full funding of the Pell Grant student aid program. Revises program requirements for adjustments for insufficient appropriations. Requires, for FY 2002 and 2003, if appropriations are insufficient to satisfy fully all Pell Grant entitlements, the amount paid with respect to each entitlement to be: (1) the full amount for any student whose expected family contribution is $400 or less; or (2) a percentage of that entitlement, as determined in accordance with a schedule of reductions established by the Secretary of Education, for any student whose expected family contribution is more than $400. Requires any such schedule to: (1) contain a single linear reduction formula in which the percentage reduction increases uniformly as the entitlement decreases; and (2) provide no payment if an entitlement is reduced to less than $200. Requires each institution of higher education which has a specified type of agreement with the Secretary, for FY 2004 or any succeeding fiscal year, to: (1) make Pell Grant awards to its eligible students in the full amount to which such student is entitled; (2) credit the amounts of such awards toward the tuition, fees, room and board, and other expenses incurred by the eligible student, with specified exceptions for students who do not reside in institutionally owned or operated housing; and (3) submit vouchers to the Secretary for reimbursement of such awards.

Bill· HRH.R. 573 (107th)referred

Teacher Technology Training Act

United States · United States Congress · 13 February 2001

Teacher Technology Training Act - Authorizes the Secretary of Education to make grants to State educational agencies (SEAs) to award grants to local educational agencies (LEAs) to provide classroom-related technology training to credentialed elementary or secondary school teachers, on the basis of the LEAs' demonstrated need. Requires an SEA to award at least one grant to an LEA that meets criteria established by the Secretary. Directs the Secretary to award one grant to each SEA that applies, if appropriations reach a certain level for a fiscal year. Allows LEA use of grant funds to provide such training by LEA personnel on school premises.

Bill· HRH.R. 560 (107th)referred

Social Security and Medicare Off-Budget Lockbox Act of 2001

United States · United States Congress · 13 February 2001

Social Security and Medicare Off-Budget Lockbox Act of 2001 - Amends the Congressional Budget Act of 1974 to provide that the receipts and disbursements of the Federal Hospital Insurance Trust Fund shall not be counted as new budget authority, outlays, receipts, or deficit or surplus for purposes of the Federal or congressional budgets or the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) (thus, making it off-budget). Provides for related points of order in the House of Representatives and the Senate to enforce such requirement. Amends the Social Security Act to provide the same budgetary treatment for the Federal Hospital Insurance Trust Fund as is provided to the Federal Disability and Old-Age and Survivors Insurance Trust Funds. Amends the Congressional Budget Act of 1974 to provide a point of order in the House or the Senate against consideration of any budget resolution or legislation that would cause or increase an on-budget deficit for any fiscal year.

Bill· HRH.R. 593 (107th)referred

Work for Real Wages Act

United States · United States Congress · 13 February 2001

Work for Real Wages Act - Amends the Internal Revenue Code to provide, for purposes of the earned income credit, that the term earned income shall include a specified portion of benefits received under part A (Temporary Assistance for Needy Families) (TANF) of title IV of the Social Security Act if: (1) as a condition of receiving any TANF payment or amount, the individual is required to perform services for any person or governmental unit; and (2) such individual receives no compensation (other than such payment or amount) for performing such services.

Bill· HRH.R. 582 (107th)referred

Lower Regulatory Burden for Homeowners Act of 2001

United States · United States Congress · 13 February 2001

Lower Regulatory Burden for Homeowners Act of 2001 - Amends the Internal Revenue Code to include customer connection fees (including fees to connect a customer's line to or extend a main water or sewer line) as an excludable corporate income item within the definition of "contribution in aid of construction."

Bill· HRH.R. 585 (107th)referred

Family Farm and Business Protection Act of 2001

United States · United States Congress · 13 February 2001

Family Farm and Business Protection Act of 2001- Amends the Internal Revenue Code to increase to $10 million the maximum estate tax deduction for family-owned business interests.

Bill· HRH.R. 578 (107th)referred

To amend the Internal Revenue Code of 1986 to allow penalty-free distributions from qualified retirement plans on account of the death or disability of the participant's spouse.

United States · United States Congress · 13 February 2001

Amends the Internal Revenue Code to allow penalty-free distributions, on account of the death or disability of the participant's spouse, from qualified retirement plans, including: (1) employee annuities purchased by charitable organizations or public schools; (2) custodial accounts for regulated investment company stock; and (3) Roth individual retirement accounts (Roth IRAs).

Bill· SS. 298 (107th)open

Giving Incentives for Taxpayers Act

United States · United States Congress · 8 February 2001

Giving Incentives for Taxpayers Act - Amends the Internal Revenue Code to allow a non-itemizer to deduct up to $500 ($1,000 on a joint return) annually in charitable contributions.

Bill· SS. 289 (107th)open

Collegiate Learning and Student Savings Act

United States · United States Congress · 8 February 2001

Collegiate Learning and Student Savings Act - Amends the Internal Revenue Code to: (1) permit private higher educational institutions, in addition to currently permitted State institutions, to establish qualified tuition programs; and (2) exclude from gross income such program distributions used for qualified higher education expenses. Amends the Investment Company Act of 1940 to exempt qualified tuition programs from the definition of an investment company.

Bill· SS. 291 (107th)referred

AMT and Tax Deduction Fairness Act of 2001

United States · United States Congress · 8 February 2001

AMT and Tax Deduction Fairness Act of 2001 - Amends the Internal Revenue Code to allow: (1) the State and local income tax deduction against the alternative minimum tax; and (2) the deduction of State and local general sales taxes in lieu of State and local income taxes.

Bill· SS. 292 (107th)referred

Community Technology Assistance Act

United States · United States Congress · 8 February 2001

Community Technology Assistance Act - Amends the Internal Revenue Code to expand the enhanced deduction for corporate donations of computer technology to include senior centers and community centers.

Bill· SS. 293 (107th)referred

Home Energy Assistance Tax Act

United States · United States Congress · 8 February 2001

Home Energy Assistance Tax Act - Amends the Internal Revenue Code to allow: (1) a tax credit equal to 50 percent of increased residential energy costs (defines such term); (2) a deduction for certain energy efficient property (defines such term) used in business; and (3) a credit to an individual equal to the sum of a determined amount for qualified energy property (defines such term) placed in service and a credit amount for a new highly efficient principal residence (defines such term).

Bill· SS. 288 (107th)referred

Internet Tax Nondiscrimination Act

United States · United States Congress · 8 February 2001

Internet Tax Nondiscrimination Act - Amends the Internet Tax Freedom Act to prohibit a State or political subdivision from imposing: (1) taxes on Internet access; and (2) during the period beginning on October 1, 1998, and ending on December 31, 2006, multiple or discriminatory taxes on electronic commerce. Expresses the sense of Congress that elements of a State law providing for a simplified sales and use tax system for remote sales should include, among other things: (1) a centralized, one-stop, multi-State registration system for sellers; (2) uniform definitions for goods or services that are included in the tax base; (3) uniform and simple rules for attributing transactions to particular taxing jurisdictions; (4) uniform procedures for the certification of software that sellers rely on to determine State and local use tax rates and taxability; and (5) uniform electronic filing and remittance methods. Prohibits a State requiring a seller who lacks nexus with, or a tax obligation to, the State from collecting or remitting sales or use taxes on any sales in that State until Congress provides such authority to the States by a specified joint resolution.

Bill· HRH.R. 543 (107th)open

To amend the Internal Revenue Code of 1986 to reduce estate and gift tax rates to 30 percent, to increase the exclusion equivalent of the unified credit to $10,000,000, and to increase the annual gift tax exclusion to $50,000.

United States · United States Congress · 8 February 2001

Amends the Internal Revenue Code to: (1) reduce estate and gift tax rates to 30 percent; (2) increase the exclusion equivalent of the unified credit to $10,000,000; and (3) increase the annual gift tax exclusion to $50,000.

Bill· HRH.R. 539 (107th)open

Child Credit Expansion and Improvement Act of 2001

United States · United States Congress · 8 February 2001

Child Credit Expansion and Improvement Act of 2001 - Amends the Internal Revenue Code to increase the child tax credit from $500 to $1,000. Provides for an inflation adjustment for the phaseout threshold.

Bill· HRH.R. 546 (107th)open

Small Business Tax Fairness Act of 2001

United States · United States Congress · 8 February 2001

Small Business Tax Fairness Act of 2001 - Amends the Internal Revenue Code, with respect to small businesses, to, among other things: (1) provide for the full deduction of the health insurance costs of self-employed individuals; (2) increase the expensing limitation; (3) increase pension plan limits on benefits and contributions; (4) permit pension catchup contributions for individuals age 50 or over; (5) provide for rollovers among various kinds of pension plans; (6) revise the pension liability funding limit; (7) impose an excise tax on a pension plan for failing to give notice to participants of any plan amendment providing for a significant reduction in the rate of future benefit accrual; (8) provide for estate and gift tax relief; (9) increase, and temporarily suspend, the limitation on the maximum amount of amortizable reforestation expenditures; (10) provide for an accelerated phase-in of specified increases in the volume cap on private activity bonds; and (11) exclude, subject to limitation, from gross income the discharge of certain qualified residential indebtedness. Minimum Wage Increase Act of 2001 - Amends the Fair Labor Standards Act of 1938 to increase the Federal minimum wage, subject to stated exceptions for certain computer professionals, sales employees, and funeral directors.

Bill· HRH.R. 549 (107th)referred

Collegiate Learning and Student Savings Act

United States · United States Congress · 8 February 2001

Collegiate Learning and Student Savings Act - Amends the Internal Revenue Code to: (1) permit private higher educational institutions, in addition to currently permitted State institutions, to establish qualified tuition programs; and (2) exclude from gross income such program distributions used for qualified higher education expenses. Amends the Investment Company Act of 1940 to exempt qualified tuition programs from the definition of an investment company.

Bill· HRH.R. 524 (107th)referred

Electronic Commerce Enhancement Act of 2001

United States · United States Congress · 8 February 2001

Electronic Commerce Enhancement Act of 2001 - Requires the Director of the National Institute of Standards and Technology (NIST) to establish an Advisory Panel to report on the challenges facing small and medium-sized manufacturers and other such businesses in integrating and utilizing electronic commerce technologies and business practices. Requires the Panel's final report to the Director and specified congressional committees to include: (1) a three-year planning document for NIST's Manufacturing Extension Partnership (MEP) program in the field of electronic commerce; and (2) recommendations for NIST to address interoperability issues in electronic commerce. Requires the MEP program to: (1) establish a pilot program to assist such manufacturers and businesses in integrating and utilizing electronic commerce technologies and business practices through a competitive grants program; and (2) consult with the Panel and utilize the Panel's reports. Requires the Director to: (1) identify critical enterprise integration standards and implementation activities for major manufacturing industries; (2) report to Congress on such matters and anticipated related NIST activities for that fiscal year; and (3) submit to Congress a plan for enterprise integration for each major manufacturing industry. Requires annual plan updates for an industry until enterprise integration has been achieved.

PreviousPage 22 of 23Next