The world's political record
Records whose title is actually about this topic. Use a country filter if the list is still too broad.
1,501 records in US in 2007
United States · United States Congress · 4 January 2007
Simple Savings Tax Relief Act of 2007 - Amends the Internal Revenue Code to exclude from gross income up to $400 (twice such amount on a joint return) of interest income annually. Provides for an inflation adjustment to such exclusion amount beginning after 2008.
United States · United States Congress · 4 January 2007
Cuba Reconciliation Act - Amends the Foreign Assistance Act of 1961 (including other specified laws) to repeal the embargo placed upon all trade with Cuba. Amends the Internal Revenue Code to declare the denial of foreign tax credit inapplicable to Cuba. Permits: (1) installation and maintenance of telecommunications equipment and facilities in Cuba, including telecommunications services between the United States and Cuba; and (2) travel to and from Cuba by U.S. citizens or residents. Requires the U.S. Postal Service to provide direct mail service to and from Cuba.
United States · United States Congress · 4 January 2007
Prescription Drug Affordability Act - Amends the Internal Revenue Code to allow a nonrefundable tax credit for 80 percent of the amount paid for a prescribed drug during the taxable year (and not compensated for by insurance or otherwise) by a taxpayer who has attained social security retirement age. Amends the Federal Food, Drug, and Cosmetic Act (FFDCA) to repeal provisions restricting the importation of prescription drugs. Allows a person who meets applicable legal requirements to be an importer of prescription drugs upon application to the Secretary of Health and Human Services. Requires the Secretary to approve such an application if the drug meets all FFDCA requirements for admission into the United States, including that the drug has been approved by the Food and Drug Administration (FDA) and is not adulterated or misbranded. Prohibits the Secretary from taking any action against any of the persons involved with the interstate sale of a prescription drug through an Internet site if: (1) the sale was made in compliance with applicable Federal and State laws; and (2) accurate information regarding compliance with such laws is posted on the Internet site.
United States · United States Congress · 4 January 2007
Hazardous Materials Cooperative Research Act of 2007 - Authorizes the Secretary of Transportation to obligate for each fiscal year certain hazardous materials transportation funds to develop and administer a hazardous materials cooperative research program. Directs the Secretary to establish an independent governing board to select cooperative research projects and studies of hazardous materials transportation to be carried out under the program that will yield results immediately applicable to risk analysis and mitigation or that will strengthen the ability of first responders to respond to accidents involving the transportation of hazardous materials.
United States · United States Congress · 4 January 2007
Deficit Accountability Act of 2007 - Amends the Legislative Reorganization Act of 1946 to provide that pay for Members of Congress may not be increased by any adjustment scheduled to take effect in a calendar year if the Office of Management and Budget (OMB) determines there was a deficit in the preceding fiscal year.
United States · United States Congress · 4 January 2007
Make College Affordable Act of 2007 - Amends the Internal Revenue Code to allow taxpayers, their spouses, dependents, and grandchildren a tax deduction from gross income for certain higher education expenses and for interest on certain student loans. Includes as higher education expenses undergraduate tuition and fees and reasonable living expenses while attending an institution of higher education.
United States · United States Congress · 4 January 2007
National Science Education Tax Incentive for Teachers Act of 2007 - Amends the Internal Revenue Code to allow certain full-time elementary and secondary school teachers of math, science, engineering, or technology courses a refundable tax credit for 10% of their undergraduate tuition up to $1,000 in any taxable year. Increases such credit amount to $1,500 for teachers in schools serving children with disabilities.
United States · United States Congress · 4 January 2007
Health Care Tax Deduction Act of 2007 - Amends the Internal Revenue Code to allow individuals a tax deduction from gross income for health insurance premiums and unreimbursed prescription drug expenses paid for the benefit of the taxpayer, the taxpayer's spouse and dependents.
United States · United States Congress · 4 January 2007
Renewable Fuels and Energy Independence Promotion Act of 2007 - Amends the Internal Revenue Code to make permanent the income and excise tax credits for alcohol and biodiesel used as fuel. Amends the Harmonized Tariff Schedule of the United States to move the effective date for tariff duties on ethyl alcohol and ethyl tertiary-butyl ether (ethanol) to the effective date of this Act.
United States · United States Congress · 4 January 2007
Amends the Internal Revenue Code to exempt from the penalty tax for prohibited transactions loans from an individual retirement plan to acquire certain small business capital assets. Requires such loans to be repaid within five years.
United States · United States Congress · 4 January 2007
Fallen Heroes Tax Fairness Act of 2007 - Amends the Internal Revenue Code to revise provisions exempting deceased members of the Armed Forces who die from wounds, disease, or injury incurred while serving in a combat zone from income tax to extend the tax exemption to the last taxable year ending before such wounds, disease, or injury were incurred.
United States · United States Congress · 4 January 2007
Oil and Gas-to-Alternatives Swap (OGAS) Act of 2007 - Amends the Internal Revenue Code to repeal: (1) the tax credit for facilities producing coke or coke gas-related fuel; (2) the classification of the tax credit for producing fuel from a nonconventional source as a business-related credit; (3) accelerated amortization of geological and geophysical expenditures; and (4) the limitation on the number of new qualified hybrid and advanced lean-burn technology vehicles eligible for the tax credit for alternative motor vehicles. Extends through 2012 the alternative motor vehicles tax credit for: (1) advanced lean burn technology motor vehicles; (2) qualified hybrid motor vehicles; and (3) qualified alternative fuel vehicles. Increases from 30 to 60% the rate of the tax credit for alternative fuel vehicle refueling property and extends such credit through 2012.
United States · United States Congress · 4 January 2007
Amends the Internal Revenue Code to increase from 60,000 to 250,000 the number of vehicles sold for use in the United States that will trigger the phaseout period for the alternative motor vehicle tax credit.
United States · United States Congress · 4 January 2007
Small Business Tax Fairness and Simplification Act of 2007 - Amends the Internal Revenue Code to: (1) allow self-employed individuals to participate in cafeteria pension plans; (2) allow long-term care insurance under cafeteria plans and flexible spending arrangements; (3) allow accelerated amortization of certain intangible assets (e.g., good will) acquired from a small business; (4) increase the tax exclusion of gain from the sale of certain small business stock; (5) provide a $2,500 standard tax deduction for home business expenses; (6) permit certain small businesses to elect a taxable year ending in a month from April to November; (7) increase the allowable number of S corporation shareholders; and (8) exempt certain small businesses from withholding of tax requirements for payments made by government entities.
United States · United States Congress · 4 January 2007
Permanent Marriage Equity Act of 2007 - Makes provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 that eliminate the marriage penalty in the standard deduction, the 15-percent tax bracket, and the earned income tax credit, permanent.
United States · United States Congress · 4 January 2007
Idling Reduction Tax Credit Act of 2007 - Amends the Internal Revenue Code to allow a business tax credit for 25% of the cost of a qualifying idling reduction device, up to $1,000. Defines "qualifying idling reduction device" as any device that is: (1) installed on a heavy-duty diesel-powered on-highway vehicle to provide services that would otherwise require the operation of the main drive engine while the vehicle is temporarily parked or stationary; and (2) certified by the Secretary of Energy to reduce long-duration idling. Directs the Secretary to publish standards for certifying such devices.
United States · United States Congress · 4 January 2007
Amends the Internal Revenue Code to extend though 2013 the tax credit for producing electricity from certain facilities using renewable resources.
United States · United States Congress · 4 January 2007
Belated Thank You to the Merchant Mariners of World War II Act of 2007 - Directs the Secretary of Veterans Affairs to pay a monthly benefit of $1,000 to certain honorably-discharged veterans of the U.S. Merchant Marine who served between December 7, 1941, and December 31, 1946 (or to their survivors). Includes service in the Army Transport Service and the Naval Transport Service. Exempts from taxation benefits paid under this Act.
United States · United States Congress · 4 January 2007
Repeals specified provisions pertaining to real property taxation in the U.S. Virgin Islands. Deems such amendment to have taken effect on July 22, 1954.
United States · United States Congress · 4 January 2007
G.I. Advanced Education in Science and Technology Act - Directs the Secretary of Veterans Affairs to pay a monthly stipend to each individual who is entitled to veterans' basic educational assistance and is pursuing full-time a doctoral degree in the sciences of engineering, mathematics, or other technology disciplines. Allows such payment in addition to any other authorized Montgomery GI Bill educational assistance. Makes such payment $1,200 a month (adjusted for inflation for fiscal years after 2005) for up to 60 months.
United States · United States Congress · 4 January 2007
401Kids Family Savings Act of 2007 - Amends the Economic Growth and Tax Relief Reconciliation Act of 2001 to extend through 2015 provisions allowing increased annual contributions to Coverdell education savings accounts. Amends the Internal Revenue Code to: (1) allow tax-free distributions from a Coverdell education savings account for first-time homebuyer expenses; (2) permit rollovers from Coverdell education savings accounts to Roth individual retirement accounts (Roth IRAs); and (3) rename Coverdell education savings accounts as 401Kids Savings Accounts.
United States · United States Congress · 4 January 2007
Housing Opportunities Made Easier Act, or the HOME Act - Instructs the Secretary of Housing and Urban Development to: (1) provide 150,000 incremental vouchers to public housing agencies in FY2008 for tenant-based rental housing assistance under section 8 of the United States Housing Act of 1937; and (2) renew such vouchers in each ensuing fiscal year.
United States · United States Congress · 4 January 2007
Authorizes the Secretary of Agriculture to use up to a specified amount of Federal Crop Insurance Act funds in each of FY2007 and FY2008 for program integrity purposes, including the data mining project.
United States · United States Congress · 4 January 2007
To Encourage Alternatively fueled vehicle Manufacturing up for Energy Independence Act of 2007 or the TEAM up for Energy Independence Act - Amends the Internal Revenue Code to impose an excise tax on the first retail sale of each passenger automobile sold by manufacturers, producers, or importers. Exempts alternative fueled automobiles from such tax. Amends federal transportation law to revise the definitons of "automobile" and "passenger automobile" to increase the gross vehicle weight limit from 6,000 to 10,000 pounds. Directs the Secretary of Energy to make grants for alternative fuel refueling infrastructure projects from a trust fund into which revenues from the excise tax on passenger automobiles shall be deposited. Amends the Automobile Information Disclosure Act to require labeling for new automobiles to indicate: (1) whether a new automobile is an alternative fueled automobile; and (2) the types of fuel on which such automobile can operate.
United States · United States Congress · 4 January 2007
Identity Theft Prevention Act of 2007 - Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act and the Internal Revenue Code to prohibit using a Social Security account number except for specified Social Security and tax purposes. Prohibits the Social Security Administration from divulging the Social Security account number of an individual to any federal, state, or local government agency or instrumentality, or to any other individual. Amends the Privacy Act of 1974 to prohibit any federal, state, or local government agency or instrumentality from requesting an individual to disclose his Social Security account number on either a mandatory or a voluntary basis. Prohibits any two federal agencies or instrumentalities from implementing the same identifying number with respect to any individual (except as authorized by the Social Security Act). Prohibits any federal agency from: (1) establishing or mandating a uniform standard for identification of an individual that is required to be used by any other federal or state agency, or by a private person, for any purpose other than that of conducting the authorized activities of the standard-establishing or -mandating federal agency; or (2) conditioning receipt of any federal grant, contract, or other federal funding on the adoption, by a state or local government, or by a state agency, of such a uniform standard.
United States · United States Congress · 4 January 2007
Senior Citizens Tax Elimination Act - Amends the Internal Revenue Code to repeal the inclusion of any social security or tier I railroad retirement benefits in gross income. Appropriates funds to cover reductions in transfers to the Social Security and Railroad Retirement Trust Funds resulting from the enactment of this Act. Expresses the sense of Congress against using tax increases to provide revenue necessary to carry out this Act.
United States · United States Congress · 4 January 2007
Social Security Beneficiary Tax Reduction Act - Amends the Internal Revenue Code to repeal, effective January 1, 2007, the 1993 increase in income taxes on Social Security benefits.
United States · United States Congress · 4 January 2007
National Science Education Tax Incentive for Businesses Act of 2007 - Amends the Internal Revenue Code to allow a general business tax credit for contributions of property or services to elementary and secondary schools and for teacher training to promote instruction in science, technology, engineering, or mathematics (STEM contributions).
United States · United States Congress · 4 January 2007
Policyholder Disaster Protection Act of 2007 - Amends the Internal Revenue Code to allow insurance companies (other than life insurance companies) to make tax deductible contributions to a tax-exempt policyholder disaster protection fund established by this Act for the payment of policyholders' claims arising from certain catastrophic events, such as windstorms, earthquakes, fires, or floods.
United States · United States Congress · 4 January 2007
Homeowner's Tax Relief Act of 2007 - Amends the Internal Revenue Code to allow individual taxpayers an additional tax deduction (whether or not such taxpayers itemize deductions) for state and local real property taxes paid for a principal residence that exceed the national average, as determined by the Secretary of the Treasury. Denies such deduction for taxpayers whose adjusted gross income exceeds $80,000 ($160,000 for joint returns).
United States · United States Congress · 4 January 2007
Amends the Internal Revenue Code to change the income tax filing deadline for calendar year taxpayers from April 15 to the first Monday in November.
United States · United States Congress · 4 January 2007
Realistic Roofing Tax Treatment Act of 2007 - Amends the Internal Revenue Code to classify any roof system as 20-year property for depreciation purposes.
United States · United States Congress · 4 January 2007
Amends the National Defense Authorization Act for Fiscal Year 2006 to increase from 50 to 300, for FY2007-FY2009 only, the number of Iraqi and Afghan translators working directly with U.S. Armed Forces who may be provided special immigrant status under the Immigration and Nationality Act.
United States · United States Congress · 4 January 2007
Amends the Internal Revenue Code to allow a tax credit for 50% of qualified umbilical cord blood collection and storage expenses, up to $2,000 in a taxable year. Defines "qualified umbilical cord blood collection and storage expenses" as expenses directly related to the collection, storage, and maintenance of umbilical cord blood collected at the birth of a child.
United States · United States Congress · 4 January 2007
Amends the Floyd D. Spence National Defense Authorization Act for Fiscal Year 2001 to: (1) extend until June 30, 2009, the deadline for the final report of the Commission to Assess the Threat to the United States from Electromagnetic Pulse Attack; (2) make the Commission chairman in charge of all Commission financial and administrative matters; and (3) provide guaranteed Commission funding for FY2008. Authorizes the chairman of the congressional defense committees to jointly appoint up to three additional Commission members.
United States · United States Congress · 4 January 2007
Judicial District of the Virgin Islands Act of 2007 - Amends the federal judicial code to establish a two-judge Article III court in the Virgin Islands (with court held in Christiansted for the Saint Croix Division, and in Charlotte-Amalie for the Saint Thomas and Saint John Division). Requires pleadings and procedures to be conducted in the English language. Amends the Revised Organic Act of the Virgin Islands to state that: (1) the judicial power of the Virgin Islands shall be vested in an appellate court and lower local courts as may have been or may hereafter be established by local law (eliminates references to the district court of the Virgin Islands); and (2) the U.S. district court of the Virgin Islands shall have exclusive jurisdiction over all income-tax related criminal and civil proceedings in the Virgin Islands, except for ancillary tax laws enacted by the Virgin Islands legislature. Sets forth provisions respecting: (1) assignment of additional judges; and (2) relations between U.S. courts and local courts under such Act.
United States · United States Congress · 4 January 2007
National Health Insurance Act - Requires that medical services, hospital services, and other personal health services be made available to eligible individuals in all U.S. health-service areas as rapidly as possible. Sets forth minimum income requirements for eligibility. Allows health care professionals and hospitals to enter into agreements to furnish services to eligible individuals. Gives responsibility for administration of the benefits provided under this Act to local administrative committees or officers. Allows a state to assume responsibility for administration of the personal health benefits provided under this Act. Establishes: (1) the National Health Insurance Board in the Department of Health and Human Services (HHS); and (2) the National Advisory Medical Policy Council. Requires the Secretary of HHS to determine the eligibility of any individual for benefits under this Act. Limits benefits under this Act for an individual to only those services for which the individual is not eligible under Medicare. Requires the Board to: (1) determine the sums to be made available for the provision of personal health-service benefits; and (2) allot amounts to each state based on population, available professional services and facilities, and the cost of compensation. Allows the Board to make grants for the training of professionals providing benefits under this Act. Amends the Internal Revenue Code to impose a value added tax of five percent on each sale of property, performance of services, and importation of property in the United States by a taxable person in a commercial-type transaction. Sets forth exceptions, including for food, housing, medical care, exports, interest, governmental entities, and certain tax-exempt organizations. Establishes the National Health Care Trust Fund and appropriates to it amounts equal to the revenue received by the Treasury from such tax. Requires the Secretary to study and report on the various methods to control the costs of providing personal health benefits under this Act.
United States · United States Congress · 4 January 2007
Constitutional Amendment - Prohibits outlays for a fiscal year (except those for repayment of debt principal) from exceeding total receipts for that fiscal year (except those derived from borrowing) unless Congress, by a three-fifths rollcall vote of each chamber, authorizes a specific excess of outlays over receipts. Requires a three-fifths rollcall vote of each chamber to increase the public debt limit. Directs the President to submit a balanced budget to Congress annually. Prohibits any bill to increase revenue from becoming law unless approved by a majority of each chamber by rollcall vote. Authorizes waivers of these provisions when a declaration of war is in effect or under other specified circumstances involving military conflict.
United States · United States Congress · 4 January 2007
Constitutional Amendment - Prohibits outlays for a fiscal year (except those for repayment of debt principal) from exceeding total receipts for that fiscal year (except those derived from borrowing) unless Congress, by a three-fifths rollcall vote of each chamber, authorizes a specific excess of outlays over receipts. Requires a three-fifths rollcall vote of each chamber to increase the public debt limit. Directs the President to submit a balanced budget to Congress annually. Prohibits any bill to increase revenue from becoming law unless approved by a majority of each chamber by rollcall vote. Authorizes waivers of these provisions when a declaration of war is in effect or under other specified circumstances involving military conflict.
United States · United States Congress · 4 January 2007
Amends the National Defense Authorization Act for Fiscal Year 2006 to: (1) make the chairman of the Commission on the Implementation of the New Strategic Posture of the United States responsible for all Commission financial and administrative matters; (2) extend until 18 months after its first meeting the deadline for the Commission's final report to the congressional defense committees; (3) provide guaranteed Commission funding for FY2008; and (4) terminate the Commission 30 days after the date of its final report. Authorizes the chairmen of the defense committees to jointly appoint up to three additional Commission members.
United States · United States Congress · 4 January 2007
Amends the Internal Revenue Code to make permanent the tax deduction for state and local general sales taxes.
United States · United States Congress · 4 January 2007
Fair Tax Act of 2007 - Repeals the income tax, employment tax, and estate and gift tax. Redesignates the Internal Revenue Code of 1986 as the Internal Revenue Code of 2007. Imposes a national sales tax on the use or consumption in the United States of taxable property or services. Sets the sales tax rate at 23 percent in 2009, with adjustments to the rate in subsequent years. Allows exemptions from the tax for property or services purchased for business, export, or investment purposes and for state government functions. Sets forth rules relating to: (1) the collection and remittance of the sales tax; and (2) credits and refunds. Allows families a sales tax rebate. Grants states the primary authority for the collection of sales tax revenues and the remittance of such revenues to the Treasury. Sets forth administrative provisions relating to: (1) the filing of monthly reports and payments of tax; (2) accounting methods; (3) registration of sellers of goods and services responsible for reporting sales; (4) penalties for noncompliance; and (5) collections, appeals, and taxpayer rights. Directs the Secretary of the Treasury to allocate sales tax revenues among: (1) the general revenue; (2) the old-age and survivors insurance trust fund; (3) the disability insurance trust fund; (4) the hospital insurance trust fund; and (5) the federal supplementary medical insurance trust fund. Prohibits the funding of the Internal Revenue Service (IRS) after FY2011. Establishes in the Department of the Treasury: (1) an Excise Tax Bureau to administer excise taxes not administered by the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF); and (2) a Sales Tax Bureau to administer the national sales tax.
United States · United States Congress · 4 January 2007
Amends the Internal Revenue Code to repeal the limitation on the amount of distilled spirits tax covered (paid over) into the treasuries of Puerto Rico and the Virgin Islands.
United States · United States Congress · 4 January 2007
Appropriates to the Department of Defense (DOD) for FY2007 for military construction, family housing, and base realignment and closure functions, an amount equal to that authorized to be appropriated for such purposes for such fiscal year under the Military Construction Authorization Act for Fiscal Year 2007 (Division B of the John Warner National Defense Authorization Act for Fiscal Year 2007).
United States · United States Congress · 4 January 2007
Disapproves the totalization agreement between the United States and Mexico, establishing totalization arrangements between the Social Security Systems of the two countries, which was signed by the Commissioner of Social Security and the Director General of the Mexican Social Security Institute on June 29, 2004.
United States · United States Congress · 4 January 2007
Adopts the Rules of the House of Representatives for the 109th Congress as the Rules for the 110th Congress, with amendments. Prohibits Members, with the intent to influence on the basis of partisan political affiliation an employment decision or practice of private entities, from: (1) taking or withholding, or offering or threatening to take or withhold, an official act; or (2) influencing, or offering or threatening to influence, the official act of another. Amends the gift rule regarding: (1) a ban on gifts from registered lobbyists or agents of a foreign principal or from private entities that retain or employ such individuals; (2) the valuation of tickets to sporting and entertainment events; and (3) restrictions on privately funded travel by Members. Prohibits: (1) a Member, officer, or employee from participating in travel financed, planned, or arranged by lobbyists or organizations (other than institutions of higher education) that employ them; or (2) use of official, personal, or campaign funds to pay for a flight on a non-governmental airplane that is not licensed by the Federal Aviation Administration to (FAA) to operate for compensation or hire. Directs the Committee on Standards of Official Conduct to develop and revise guidelines for judging expenses for official connected travel. Modifies disclosure requirements for Members regarding reimbursement of travel-related expenses by private sources. Requires annual ethics training for Members, officers, and employees of the House. Changes the names of specified committees. Prohibits holding open a record vote by electronic device for the sole putpose of reversing the outcome of such vote. Prescribes requirements for the conduct of House managers in conferences with the Senate. Sets forth fiscal responsibility requirements, including but not limited to: (1) points of order against consideration of legislation that includes congressional earmarks, limited tax benefits; or limited tariff benefits; and (2) a Pay-As-You-Go point of order. Grants the Committee on Oversight and Government Reform authority to adopt a rule allowing its Members and staff to conduct depositions in Committee investigations. Exempts reports from the Committee on Rules from the requirement that record votes be included in committee reports. Sets forth the rule for consideration of specified legislation. Continues from the 109th Congress: (1) certain budget enforcement mechanisms; and (2) the provisions of H.Con.Res. 376 (budget resolution), as adopted by the House, until the adoption of a budget resolution for FY2008. Waives Rule X, clause 5(d) to allow extra subcommittees for specified committees. Prohibits lobbyists from using the Members' exercise facilities.
United States · United States Congress · 4 January 2007
Makes it out of order to consider a concurrent resolution on the budget, an amendment to it, or a conference report containing reconciliation directives under the Congressional Budget Act of 1974 that specify changes in law reducing the surplus or increasing the deficit for the current fiscal year and the five or 10 ensuing fiscal years.
United States · United States Congress · 4 January 2007
Disapproves the totalization agreement between the United States and Mexico, establishing totalization arrangements between the Social Security Systems of the two countries, which was signed by the Commissioner of Social Security and the Director General of the Mexican Social Security Institute on June 29, 2004.
United States · United States Congress · 4 January 2007
Makes it out of order to consider any bill, joint resolution, amendment, or conference report if its provisions affecting direct spending and revenues have the net effect of increasing the deficit or reducing the surplus for the current fiscal year and the five or 10 ensuing fiscal years.
United States · United States Congress · 4 January 2007
Expresses the sense of Congress that the portion of tax cuts enacted in or after 2001 that benefits the wealthiest 5% of Americans should be repealed and the revenues from such repeal should be used to alleviate poverty in the United States.