Taxation

Energy Policy Reinvestment Act of 2007

United States · United States Congress · 16 January 2007

Energy Policy Reinvestment Act of 2007 - Amends the Internal Revenue Code to repeal: (1) the expensing allowance for liquid fuel refineries; (2) accelerated depreciation for natural gas distribution and gathering lines; (3) expanded eligibility of small petroleum refiners for the exception to limitations on the oil and gas depletion allowance; and (4) accelerated amortization of geological and geophysical expenditures. Directs that any revenues resulting from these repeals be made available for certain hydrogen and fuel cell technology programs.

SAFE Commission Act

United States · United States Congress · 16 January 2007

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.

CORE Spending Act

United States · United States Congress · 16 January 2007

Commission On Reforming Entitlement Spending Act, or CORE Spending Act - Establishes the Commission On Reforming Entitlement Spending to examine the long-term fiscal challenges facing the United States and develop legislation designed to address them. Authorizes the President and the House or Senate Budget Committee to submit alternatives to the legislative proposal submitted by the Commission. Requires the Director of the Congressional Budget Office (CBO) to prepare a long-term cost estimate of legislation proposed under this Act or a related amendment, and have it published in the Congressional Record as expeditiously as possible.

Citizen Legislature and Political Freedom Act

United States · United States Congress · 16 January 2007

Citizen Legislature and Political Freedom Act - Amends the Federal Election Campaign Act of 1971 (FECA) to terminate limitations on federal election campaign contributions after 2007. Repeals the ban on contributions and expenditures by corporations and labor organizations with respect to elections occurring after December 2007. Amends the Internal Revenue Code to terminate after December 31, 2006, the designation of income tax payments to the Presidential Election Campaign Fund. Terminates the Fund itself and the Presidential Primary Matching Payment Account after December 31, 2007, and transfers any amounts remaining in the Fund to the general fund of the Treasury. Amends FECA to require any political committee of a state or local political party to file with the Federal Election Commission a copy of any report on disbursements it is required under a state or local law, rule, or regulation to submit to the state or local government. Requires electronic filing of all reports, and their placement on the Internet. Requires a campaign committee to report within 24 hours all contributions, regardless of amount, made to any political committee within 90 days before an election. Declares that the "best efforts" exception to noncompliance with FECA shall not apply with respect to information regarding the identification of any contributor of more than $200 in the aggregate during a calendar year (thus requiring strict observance of reporting deadlines for all such contributions).

Fiscal Responsibility Act of 2007

United States · United States Congress · 16 January 2007

Fiscal Responsibility Act of 2007 - Provides that, if there is a deficit in a fiscal year, then: (1) any pay adjustment (including a cost of living adjustment) for Members of Congress scheduled to take effect in the succeeding calendar year shall be null and void; and (2) rates of pay for Members shall be reduced by a specified percentage, but not below zero. Specifies the mandatory pay rate reduction at: (1) 5%, for the first year; or (2) 10%, for any consecutive subsequent year that expenditures exceed revenues. Specifies conditions for restoration of the original pay rate, together with otherwise scheduled adjustments. Vests authority in the Director of the Congressional Budget Office to make determinations of whether or not a deficit exists in any fiscal year. States that, in making any such determination, the Director shall exclude any budget outlays which directly relate to a military conflict that lasts over 30 days or that is in direct response to a terrorist attack on the United States.

Rural Economic Investment Act of 2007

United States · United States Congress · 12 January 2007

Rural Economic Investment Act of 2007 - Amends the Internal Revenue Code to exclude from gross income interest received by a bank or savings association that is insured under the Federal Deposit Insurance Act on a loan secured by agricultural real estate or by a leasehold mortgage on agricultural real estate (real property used for agricultural production or certain single family rural residences).

A bill to repeal certain sections of the Act of May 26, 1936, pertaining to the Virgin Islands.

United States · United States Congress · 12 January 2007

Repeals specified provisions pertaining to real property taxation in the U.S. Virgin Islands. Makes such amendment effective on July 22, 1954.

CAFO Tax Credit Act

United States · United States Congress · 12 January 2007

CAFO Tax Credit Act - Amends the Internal Revenue Code to allow owners or operators of a concentrated animal feeding operation a business-related tax credit, up to $500,000 in a taxable year, for the cost of compliance with a national pollutant discharge elimination system permit issued under the Federal Water Pollution Control Act. Terminates such credit after 2010.

Rural Physicians Relief Act of 2007

United States · United States Congress · 12 January 2007

Rural Physicians Relief Act of 2007 - Amends the Internal Revenue Code to allow certain primary health services providers (i.e., physicians and licensed mental health care practitioners) a tax credit of $1,000 for each month such providers provide medical care to rural patients in certain sparsely populated areas of the United States.

Small Business Paperwork Relief Act of 2007

United States · United States Congress · 12 January 2007

Small Business Paperwork Relief Act of 2007 - Amends the Paperwork Reduction Act to direct agency heads not to impose civil fines for first-time paperwork violations by small business concerns unless there is potential for serious harm to the public interest, the detection of criminal activity would be impaired, the violation is not corrected within six months, the violation is a violation of internal revenue law or a law concerning the assessment or collection of any tax, debt, revenue, or receipt, or the violation presents a danger to the public health or safety. Permits an agency to determine that a fine should not be imposed for a violation that presents a danger to public health or safety if the violation is corrected within 24 hours after receipt by the small business owner of notification of the violation. Makes this Act inapplicable to any violation by a small business of a requirement regarding the collection of information by an agency if the small business previously violated any requirement concerning the collection of information by that agency.

Small Business Paperwork Relief Act

United States · United States Congress · 12 January 2007

Small Business Paperwork Relief Act - Amends the Paperwork Reduction Act to direct agency heads not to impose civil fines for first-time paperwork violations by small business concerns unless there is potential for serious harm to the public interest, the detection of criminal activity would be impaired, the violation is not corrected within six months, the violation is a violation of internal revenue law or a law concerning the assessment or collection of any tax, debt, revenue, or receipt, or the violation presents a danger to the public health or safety. Permits an agency to determine that a fine should not be imposed for a violation that presents a danger to public health or safety if the violation is corrected within 24 hours after receipt by the small business owner of notification of the violation. Makes this Act inapplicable to any violation by a small business of a requirement regarding the collection of information by an agency if the small business previously violated any requirement concerning the collection of information by that agency.

Cell Phone Tax Moratorium Act of 2007

United States · United States Congress · 12 January 2007

Cell Phone Tax Moratorium Act of 2007 - Prohibits states from imposing any new discriminatory tax on mobile services (cell phones), mobile services providers, or mobile services property for three years after enactment of this Act. Defines "new discriminatory tax" as a tax imposed on mobile services, providers, or property which is not generally imposed on other types of services or property or is generally imposed at a lower rate.

To amend the Internal Revenue Code of 1986 to deny the foreign tax credit and the benefits of deferral to companies doing business directly or through subsidiaries in Sudan until the Government of Sudan takes demonstrable steps to end genocide in Sudan.

United States · United States Congress · 12 January 2007

Amends the Internal Revenue Code to deny U.S. companies doing business in Sudan the foreign tax credit and other tax benefits until the Secretary of State certifies to the Secretary of the Treasury that the Government of Sudan has ceased to support, and has taken steps to end, acts of genocide in the Darfur region of Sudan, including: (1) ensuring that the military is not attacking civilians or obstructing human rights monitors or humanitarian assistance; (2) disarming Government supported militias; (3) allowing access for providing humanitarian assistance to all regions; and (4) cooperating with international missions.

Ending Subsidies for Big Oil Act of 2007

United States · United States Congress · 12 January 2007

Ending Subsidies for Big Oil Act of 2007- Amends the Internal Revenue Code to deny a tax deduction for income attributable to the sale, exchange, or other disposition of oil, natural gas, or any primary product thereof.

Cures Can Be Found Act of 2007

United States · United States Congress · 12 January 2007

Cures Can Be Found Act of 2007 - Amends the Internal Revenue Code to allow tax credits for donations: (1) to stem cell research or storage facilities; (2) 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.

Adoption Tax Relief Guarantee Act of 2007

United States · United States Congress · 12 January 2007

Adoption Tax Relief Guarantee Act of 2007 - Exempts provisions expanding the adoption tax credit and adoption assistance programs enacted by the Economic Growth and Tax Relief Reconciliation Act of 2001 from the general terminating (sunset) provisions of that Act.

Next Generation Hispanic-Serving Institutions Act

United States · United States Congress · 12 January 2007

Next Generation Hispanic-Serving Institutions Act - Amends the Higher Education Act of 1965 to revise requirements for Hispanic-serving institutions (HSIs) under title V (Developing Institutions). Establishes a program of competitive grants to eligible HSIs that offer postbaccalaureate certifications or degrees (part B grants). Limits a part B grant award's duration to not more than five years. Prohibits the Secretary of Education from awarding more than one part B grant to an HSI in any one fiscal year. Authorizes appropriations for: (1) the current part A program of grants to HSIs that offer baccalaureate degrees or are junior or community colleges; and (2) the new part B program of grants to HSIs that offer postbaccalaureate certifications or degrees.

Retirement Security for America's Domestic Workers Act of 2007

United States · United States Congress · 12 January 2007

Retirement Security for America's Domestic Workers Act of 2007 - Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act and the Internal Revenue Code to provide that compensation paid for domestic services in an employer's private home will not be exempt from employment taxes unless such compensation is less than the greater of $1,500 or the amount of wages and self-employment income required for a quarter of coverage under the Social Security Act.

Seniors' Tax Simplification Act of 2007

United States · United States Congress · 12 January 2007

Seniors' Tax Simplification Act of 2007 - Directs the Secretary of the Treasury to make available a new Federal income tax Form 1040S (similar to Form 1040EZ) to individuals who have turned 65 as of the close of the taxable year. Allows the form to be used even if income includes: (1) social security benefits; (2) distributions from qualified retirement plans, annuities, or other such deferred payment arrangements; (3) interest and dividends; or (4) capital gains and losses.

CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL YEAR 2008

United States · United States Senate · 11 January 2007

BRIEFING ON IRAQ AND HEARING ON THE INTERNATIONAL RELATIONS BUDGET FOR FISCAL YEAR 2008

United States · United States House of Representatives · 11 January 2007

Deschutes River Conservancy Reauthorization Act of 2007

United States · United States Congress · 11 January 2007

Deschutes River Conservancy Reauthorization Act of 2007 - Amends the Oregon Resource Conservation Act of 1996 to: (1) replace references to the Deschutes River Basin Working Group with the Deschutes River Conservancy Working Group; (2) redefine "quorum" to mean eight of those qualified Working Group members appointed and eligible to serve; and (3) reauthorize appropriations at a level of $2 million for each fiscal year through FY2016.

A bill to amend the Internal Revenue Code of 1986 to increase and permanently extend the expensing of certain depreciable business assets for small businesses.

United States · United States Congress · 11 January 2007

Amends the Internal Revenue Code to: (1) increase the expensing allowance for depreciable business property from $100,000 to $200,000; (2) make such allowance permanent; (3) increase to $800,000 the asset cost threshold for calculating reductions in such allowance; (4) allow an annual inflation adjustment to the expensing allowance and the threshold amount after 2007; and (5) allow a taxpayer to revoke an election to expense such business property without the prior consent of the Secretary of the Treasury.

A bill to amend the Internal Revenue Code of 1986 to provide a shorter recovery period for the depreciation of certain improvements to retail space.

United States · United States Congress · 11 January 2007

Amends the Internal Revenue Code to allow qualified retail improvement property a 15-year recovery period for purposes of the tax deduction for depreciation. Defines such property as any improvement to an interior portion of a building which is nonresidential real property, if: (1) such portion is open to the general public and is used in the trade or business of selling tangible personal property or services to the general public; and (2) such improvement is placed in service more than three years after the date the building was first placed in service. Excludes specified improvements, including the enlargement of a building, any elevator or escalator, or the internal structural framework of a building.

Small Business Tax Flexibility Act of 2007

United States · United States Congress · 11 January 2007

Small Business Tax Flexibility Act of 2007 - Amends the Internal Revenue Code to permit certain small start-up businesses to elect a taxable year, other than the required taxable year, which ends on the last day of any of the months of April through November (or at the end of an equivalent annual period).

To amend the Internal Revenue Code of 1986 to permit military death gratuities to be contributed to certain tax-favored accounts.

United States · United States Congress · 11 January 2007

Amends the Internal Revenue Code to allow tax free rollovers of military death gratuities to Roth individual retirement accounts, health savings and Archer medical savings accounts, and Coverdell education savings accounts.

To amend the Internal Revenue Code of 1986 to make residents of Puerto Rico eligible for the refundable portion of the child tax credit.

United States · United States Congress · 11 January 2007

Amends the Internal Revenue Code to make residents of Puerto Rico eligible for the refundable portion of the child tax credit.

To amend the Internal Revenue Code of 1986 to make permanent certain temporary provisions applicable to individuals, including the sales tax deduction, the child credit, the repeal of the estate tax, and the deduction for higher education expenses.

United States · United States Congress · 11 January 2007

Amends the Internal Revenue Code to make permanent the tax deductions for state and local sales taxes, for certain expenses of elementary and secondary school teachers, and for tuition and related expenses. Exempts certain provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 relating to the child tax credit, marriage penalty relief, repeal of the estate tax, and the tax deduction for higher education expenses from the general terminating date of that Act (i.e., December 31, 2010).

Encouraging Work Act of 2007

United States · United States Congress · 10 January 2007

Encouraging Work Act of 2007 - Amends Internal Revenue Code provisions relating to the combined work opportunity and welfare-to-work tax credit to: (1) make such credit permanent; (2) make individuals age 18 through 39 residing in an empowerment zone, enterprise community, or renewal community (designated community residents) eligible for such credit; (3) allow vocational rehabilitation referrals under such credit after completion of certain individual work plans; and (4) allow an increased credit for the hiring of certain veterans with service-connected disabilities incurred after September 10, 2001.

Universal National Service Act of 2007

United States · United States Congress · 10 January 2007

Universal National Service Act of 2007 - Declares that it is the obligation of every U.S. citizen, and every other person residing in the United States, between the ages of 18 and 42 to perform a two-year period of national service, unless exempted, either as a member of an active or reserve component of the armed forces or in a civilian capacity that promotes national defense. Requires induction into national service by the President. Allows persons to be inducted only: (1) under a declaration of war or national emergency; or (2) when members of the Armed Forces are engaged in a contingency operation. Requires each person, before induction, to be examined physically and mentally for classification for fitness to perform. Sets forth provisions governing: (1) induction deferments, postponements, and exemptions, including exemption of a conscientious objector from combatant training and military service; and (2) discharge following national service. Amends the Military Selective Service Act to authorize the military registration of females. Amends the Internal Revenue Code to permit combat pay otherwise excluded from gross income to be treated as earned income for purposes of the earned income tax credit.

To amend the Internal Revenue Code of 1986 to repeal the required beginning date for distributions from individual retirement plans and for distributions of elective deferrals under qualified cash or deferred arrangements.

United States · United States Congress · 10 January 2007

Amends the Internal Revenue Code to eliminate the requirement that individual retirement accounts (other than Roth IRAs) and elective deferrals under qualified cash or deferred arrangments must have a beginning date for mandatory distributions.

To make 5 percent across-the-board rescissions in non-defense, non-homeland-security discretionary spending for fiscal year 2007.

United States · United States Congress · 10 January 2007

Makes 5% across-the-board recissions in non-defense, non-homeland-security discretionary spending for FY2007.

To make 1 percent across-the-board rescissions in non-defense, non-homeland-security discretionary spending for fiscal year 2007.

United States · United States Congress · 10 January 2007

Makes 1% across-the-board rescissions in non-defense, non-homeland-security discretionary spending for FY2007.

Coal-to-Liquid Fuel Promotion Act of 2007

United States · United States Congress · 10 January 2007

Coal-to-Liquid Fuel Promotion Act of 2007 - Amends the Energy Policy Act of 2005 to instruct the Secretary of Energy to: (1) make loan guarantees to certain large-scale coal-to-liquid facilities to produce liquid transportation fuel; (2) establish a loan program to pay the federal share of the cost of obtaining services necessary for the planning, permitting, and construction of a coal-to-liquid facility; and (3) promulgate regulations for development of coal-to-liquid manufacturing facilities on federal land. Amends the Energy Policy and Conservation Act to instruct the Secretaries of Energy and of Defense to study and report to Congress on the feasibility and suitability of maintaining coal-to-liquid products in the Strategic Petroleum Reserve (Reserve). Authorizes the Secretary to: (1) construct storage facilities in the vicinity of pipeline infrastructure and at least one military base; and (2) place coal-to-liquid products in storage in the Reserve. Authorizes the use of certain funds by the Air Force Research Laboratory to continue support efforts to test, qualify, and procure synthetic fuels developed from coal for aviation jet use. Amends Armed Forces law to authorize the Secretary of Defense to enter into agreements to develop and operate coal-to-liquid facilities on or near military installations. Instructs the Secretary of Energy to implement a research and demonstration program to evaluate the emissions of the use of Fischer-Tropsch transportation fuel, including diesel and jet fuel. Amends the Internal Revenue Code to allow: (1) an income tax credit for investment in coal-to-liquid fuels projects; (2) taxpayer election to expense certain coal-to-liquid fuels facilities; (3) an extension of the alternative fuel credit for fuel derived from coal through the Fischer-Tropsch process; (4) an enhanced credit for certain projects using qualified carbon dioxide; and (5) an enhanced oil, natural gas, and coalbed methane recovery, and capture and sequestration credit against the alternative minimum tax.

To make 2 percent across-the-board rescissions in non-defense, non-homeland-security discretionary spending for fiscal year 2007.

United States · United States Congress · 10 January 2007

Makes 2% across-the-board rescissions in non-defense, non-homeland-security discretionary spending for FY2007.

To amend the Internal Revenue Code of 1986 to allow individuals to defer recognition of reinvested capital gains distributions from regulated investment companies.

United States · United States Congress · 10 January 2007

Amends the Internal Revenue Code to provide that, in the case of an electing individual, no gain (up to a specified amount) shall be recognized on the receipt of a capital gain dividend distributed by a regulated investment company if such capital gain dividend is automatically reinvested in additional shares of the company pursuant to a dividend reinvestment plan.

Insuring Families for Their Future Act of 2007

United States · United States Congress · 10 January 2007

Insuring Families for Their Future Act of 2007 - Amends the Internal Revenue Code to increase from $50,000 to $320,000 the amount of employer-provided group term life insurance that an employee can exclude from gross income. Indexes the $320,000 amount for inflation for taxable years beginning after 2007.

Amending the Rules of the House of Representatives to require the reduction of section 302(b) suballocations to reflect floor amendments to general appropriation bills.

United States · United States Congress · 10 January 2007

Amends Rule XXI (Restrictions on Certain Bills) of the Rules of the House of Representatives to allow a Member to designate the amount of the reduction in new budget authority that should be used to reduce the federal budget deficit (or to increase the federal budget surplus) if an amendment offered by the Member to any general appropriation bill (or resolution making continuing appropriations to the end of a fiscal year) to reduce new budget authority (and resulting outlays) is agreed to. Requires the chairman of the Committee on Appropriations, whenever such legislation is engrossed in the House, to: (1) reduce the suballocation of new budget authority and outlays to the appropriate subcommittee by the net amount of such reductions; and (2) promptly report those revisions to the House. Prohibits the Committee from reallocating such reductions to other subcommittees. Deems the revised suballocations to be made under the Congressional Budget Act of 1974 in the House. Requires the chairman of the Committee on the Budget to make appropriate revisions in allocations to the Committee on Appropriations to reflect the revised suballocations and report them to the House.

Working Family Child Assistance Act

United States · United States Congress · 9 January 2007

Working Family Child Assistance Act - Amends the Internal Revenue Code to repeal the annual inflation adjustment applicable to the $10,000 income threshold required to qualify for the refundable portion of the child tax credit.

A bill to authorize the Edward Byrne Memorial Justice Assistance Grant Program at fiscal year 2006 levels through 2012.

United States · United States Congress · 9 January 2007

Amends the Omnibus Crime Control and Safe Streets Act of 1968 to authorize appropriations for the Edward Byrne Memorial Justice Assistance Grant Program through FY2012.

Voluntary Support for Reservists and National Guard Members Act

United States · United States Congress · 9 January 2007

Voluntary Support for Reservists and National Guard Members Act - Amends the Internal Revenue Code to allow taxpayers to designate that a portion (but not less than $1) of any income tax overpayment be paid over to the Reserve Income Replacement Program to benefit reservists and National Guard members.

Working Families Wage and Access to Health Care Act

United States · United States Congress · 9 January 2007

Working Families Wage and Access to Health Care Act - Amends the Fair Labor Standards Act of 1938 to incrementally increase the federal minimum wage to $7.25. Small Business Health Fairness Act of 2007 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to provide for establishment and governance of association health plans (AHPs), which are group health plans whose sponsors are trade, industry, professional, chamber of commerce, or similar business associations, and which meet certain ERISA certification requirements. Establishes the Association Health Plan Fund to be used by the Secretary of Labor to make payments to an insurer to maintain coverage for a plan, if there is a reasonable expectation that, without such payments, claims would not be satisfied by reason of termination of coverage. Requires the Secretary to establish a Solvency Standards Working Group. Allows a state to impose a contribution tax on an association health plan, if the plan commenced operations in such state after the date of enactment of this Act. Preempts any state law that may preclude a health insurance issuer from: (1) offering health insurance coverage in connection with a certified AHP; or (2) offering health insurance coverage of the same policy type to other employers operating in the state which are eligible for coverage under such AHPs, whether or not such other employers are participating employers in such plan. Amends the Internal Revenue Code to extend through 2011 the increased expensing allowance for small business assets. Revises the definition of "qualified restaurant property" to eliminate the requirement that improvements to restaurant property must be placed in service more than three years after the original building is placed in service.

Disabled Veterans Tax Termination Act

United States · United States Congress · 9 January 2007

Disabled Veterans Tax Termination Act - Amends federal military retired pay provisions to: (1) permit veterans with a service-connected disability of less than 50% to claim both retired pay and disability compensation; (2) eliminate provisions requiring a phase in between January 1, 2004, and December 31, 2013, of concurrent receipt of retired pay and disability compensation; (3) provide a special reduction rule with respect to the concurrent receipt of retired pay and disability compensation in the case of disability retirees with less than 20 years of creditable service; and (4) extend combat-related special compensation to certain veterans with less than 20 years of service who have a combat-related disability.

Military Retiree Health Care Relief Act of 2007

United States · United States Congress · 9 January 2007

Military Retiree Health Care Relief Act of 2007 - Amends the Internal Revenue Code to allow a refundable tax credit for premiums paid to enroll military retirees and their spouses and surviving spouses for supplementary medical insurance under part B of title XVIII (Medicare) of the Social Security Act.

Cool and Efficient Buildings Investment Act

United States · United States Congress · 9 January 2007

Cool and Efficient Buildings Investment Act - Amends the Internal Revenue Code to allow a 20-year depreciation recovery period, calculated on a straight line basis, for heating, ventilation, air conditioning, or commercial refrigeration systems installed in nonresidential buildings and placed in service between December 31, 2006, and January 1, 2009.

9-11 Commission Combating Proliferation Implementation Act

United States · United States Congress · 9 January 2007

9-11 Commission Combating Proliferation Implementation Act - Establishes within the Executive Office of the President the Office for Combating the Proliferation of Weapons of Mass Destruction (WMDs). Requires the Director of the Office to: (1) develop and advise the President on WMD anti-proliferation policies; and (2) implement a Strategy for Combating the Proliferation of WMDs. Expresses the sense of Congress that: (1) the President should request the President of the Russian Federation to appoint a corresponding official to the Director; (2) the President should expand and strengthen the Proliferation Security Initiative (PSI); and (3) the United States should engage the United Nations to develop a U.N. Security Council resolution authorizing the PSI under international law. Authorizes funding for: (1) acceleration of removal or security of fissile materials, radiological materials, and related equipment at vulnerable sites worldwide; (2) joint training exercises regarding interdiction of weapons of mass destruction under the PSI; and (3) Cooperative Threat Reduction programs (CTR). Gives the President permanent waiver authority over provisions prohibiting the use of certain CTR funds for chemical weapons destruction facilities in Russia. Amends the National Defense Authorization Act for Fiscal Year 2004 to repeal specified CTR fund limits for activities outside the former Soviet Union.

Nunn-Lugar Cooperative Threat Reduction Act of 2007

United States · United States Congress · 8 January 2007

Nunn-Lugar Cooperative Threat Reduction Act of 2007 - Amends the Soviet Nuclear Threat Reduction Act of 1991, the Cooperative Threat Reduction Act of 1993, and the National Defense Authorization Act for Fiscal Year 2000 to repeal specified restrictions on the use of Cooperative Threat Reduction (CTR) program funds and activities. Amends the Freedom for Russia and Emerging Eurasian Democracies and Open Markets Support Act of 1992 to make specified funding requirements respecting independent countries of the former Soviet Union inapplicable to CTR programs.

A bill to authorize salary adjustments for justices and judges of the United States for fiscal year 2007.

United States · United States Congress · 8 January 2007

Authorizes salary adjustments for justices and judges of the United States for FY2007.

To amend the Impact Aid program under the Elementary and Secondary Education Act of 1965 to improve the distribution of school construction payments to better meet the needs of military and Indian land school districts.

United States · United States Congress · 5 January 2007

Amends the Elementary and Secondary Education Act of 1965 to revise Impact Aid program requirements for distribution of school construction payments, and of school facility emergency and modernization grants, to local educational agencies (LEAs) impacted by military dependent children or by children residing on Indian lands. Makes LEAs which were eligible for Impact Aid for the preceding fiscal year, and experience an overall increase in student enrollment, eligible for school facility emergency and modernization grants if at least 250 extra children are, or at least 10% of such increase is, the direct result of: (1) base realignment and closure or global rebasing; (2) force structure changes or relocations; or (3) an action initiated by the Secretary of the Interior or other federal agency.

Flexible Spending Accounts Growth and Opportunities Act of 2007

United States · United States Congress · 5 January 2007

Flexible Spending Accounts Growth and Opportunities Act of 2007 - Amends the Internal Revenue Code to permit the carryover of up to $1,000 of unused health benefits in a health flexible spending arrangement to the next plan year of such spending arrangement.