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201 records in US in 2001
United States · United States Congress · 11 October 2001
Amends the Internal Revenue Code to classify office property as five-year property for accelerated depreciation purposes.
United States · United States Congress · 11 October 2001
Amends the Internal Revenue Code to repeal the Federal unemployment surtax.
United States · United States Congress · 11 October 2001
Amends the Internal Revenue Code to allow the limited (up to $2,000 annually) carryover of unused benefits from health flexible spending arrangements to subsequent taxable years to be used for the reimbursement of future medical expenses.
United States · United States Congress · 11 October 2001
Extends the law making continuing appropriations for FY 2002 through October, 23, 2001. Permits the rate for operations of the Defense Health Program to exceed the current rate if necessary to fund a pro rata share of the program expansion authorized by the Floyd D. Spence National Defense Authorization Act for FY 2001. Requires the Export-Import Bank to continue its functions through such date. Provides that funds shall be available and obligations for mandatory payments due on or about November 1, 2001, may continue to be made.
United States · United States Congress · 10 October 2001
Amends the Omnibus Consolidated and Emergency Supplemental Appropriations Act, 1999 to extend the moratorium on the imposition of taxes on the Internet for an additional five years.
United States · United States Congress · 10 October 2001
Josephine Butler United States Health Service Act - Establishes the United States Health Service (Service) as an independent executive branch entity. Provides that the authority of the Service shall be exercised by a National Health Board of the Service (Board) and by local and regional authorities affiliated with the Board. Requires the Board to establish health care delivery regions. Affords every user of the Service the right to receive high quality care and supplemental services from any facility within the Service capable of providing such services without charge and without discrimination. Sets forth a list of other basic health rights. Declares all individuals in the United States eligible to receive health care and supplemental services under this Act. Requires the Service to provide specified services. Provides for the reimbursement of emergency health services costs. Requires the establishment of health care facilities as necessary to provide services. Sets forth provisions concerning job categories, certification standards, qualifications, and the education of health workers. Requires the establishment of a health advocacy program to ensure patients rights. Imposes on individuals, estates and trusts, and on corporations additional taxes of specified percentages of the total taxes otherwise imposed, creates the Health Service Trust Fund, and appropriates to such Fund such additional taxes, the Federal Hospital Insurance employment taxes, and a Government contribution equal to 40 percent of the amount so appropriated. Transfers to the Fund all assets and liabilities of the Federal Hospital Insurance Trust Fund and the Federal Supplementary Medical Insurance Trust Fund.
United States · United States Congress · 10 October 2001
Amends the Internal Revenue Code to establish a railroad track maintenance credit for qualified railroad track maintenance expenditures of up to $4,000 per mile annually of railroad track with respect to which the expenditures were paid or incurred by the taxpayer for the taxable year for Class II or Class III railroads.
United States · United States Congress · 10 October 2001
Meal Tax Reduction Act - Amends the Internal Revenue Code to increase the meal and entertainment deduction from 50 percent to 80 percent of qualifying expenses.
United States · United States Congress · 10 October 2001
Family Leisure Incentive Act of 2001 - Amends the Internal Revenue Code to allow a deduction, for the period between September 11, 2001, and September 12, 2002, for the personal travel expenses incurred for the personal travel of a taxpayer, the taxpayer's spouse, or any dependent. Defines personal travel expenses as: (1) transportation within, or which originates within, an area of the United States or any possession of the United States if such transportation is by air, bus, rail, or vessel; and (2) hotel, motel, or similar lodging while traveling within such an area.
United States · United States Congress · 10 October 2001
Sets forth the rule (open) for the consideration of H.R. 3061 (FY 2002 Departments of Labor, Health and Human Services, and Education, and related agencies appropriations).
United States · United States Congress · 9 October 2001
Amends the Internal Revenue Code to immediately (for tax years after 2001 rather than after 2004) and totally (no phaseout) eliminate the marriage penalty in the 15-percent bracket and the standard deduction.
United States · United States Congress · 9 October 2001
Capital Gains Tax Fairness Act of 2001 - Amends the Internal Revenue Code (IRC) to provide that solely for purposes of determining gain on the sale or other disposition by a taxpayer (other than a corporation) of an indexed asset acquired after December 31, 2001, which has been held for more than three years, the indexed basis of the asset shall be substituted for its adjusted basis. Provides that the preceding shall not apply to: (1) the deductions for depreciation, depletion, and amortization; or (2) to any disposition of a principal residence. Defines the terms indexed asset and indexed basis. Repeals the maximum capital gains rate provisions of the IRC.
United States · United States Congress · 9 October 2001
Business Retained Income During Growth and Expansion Act of 2001 or the BRIDGE Act of 2001 - Amends the Internal Revenue Code to permit an eligible small business to elect to pay its tax in four equal installments. Limits the maximum amount of tax which may be paid in installments for any taxable year to whichever of the following is the least: (1) the tax imposed for the taxable year; (2) the amount contributed by the taxpayer into a BRIDGE Account during such year; or (3) the excess of $250,000 over the aggregate amount of tax for which an election was made by the taxpayer for all prior taxable years. Limits the above provisions to taxes imposed for taxable years beginning after enactment and before January 1, 2006. Sets forth provisions: (1) defining an eligible small business; (2) setting dates for installment payments and interest payments; (3) establishing BRIDGE accounts; and (4) providing for a study and report.
United States · United States Congress · 9 October 2001
Retiree Health Assistance Act of 2001 - Permits an electing taxpayer whose principal trade or business is the production of steel from raw materials to make an election to be treated as having made a tax payment in an amount equal to the qualified direct cost for the preceding year of post-retirement medical and life insurance benefits provided by the taxpayer.
United States · United States Congress · 5 October 2001
Car Rental Firms Stabilization Act - Directs the President and the Air Transportation Stabilization Board to issue Federal credit instruments (including subsidy amounts for such instruments) to car rental firms to compensate them in the aggregate of $1.5 billion for losses incurred as a result of the terrorist attacks that occurred on September 11, 2001. Designates the amount of new budget authority and outlays in all fiscal years resulting from this title as an emergency requirement pursuant to the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act).
United States · United States Congress · 5 October 2001
Amends the Internal Revenue Code to reduce the depreciation recovery period for qualified technological equipment from five to three years. Expands the definition of such equipment for tax purposes.
United States · United States Congress · 5 October 2001
Amends the Internal Revenue Code to make certain rate reductions effective after December 31, 2000 (currently June 31, 2001). Amends the Economic Growth and Tax Relief Reconciliation Act of 2001 to make the individual income rate reductions set forth in such act permanent (removes the sunset requirement).
United States · United States Congress · 4 October 2001
Travel America Now Act of 2001-Amends the Internal Revenue Code to temporarily: (1) allow a credit for qualified personal travel expenses; (2) restore full deductibility for business entertainment expenses; and (3) extend the carry-back period for travel or tourism industry losses.
United States · United States Congress · 4 October 2001
COBRA Plus Act of 2001 - Amends the Internal Revenue Code to temporarily allow a refundable tax credit of 50 percent for an eligible individual's health insurance premium under COBRA, subject to specified limitations. Reduces the medical expense deduction accordingly. Requires former employers receiving COBRA payments to make a return as specified. Sets forth criminal penalties for fraud relating to such credit. Directs the Secretary of the Treasury to make COBRA payments in the amount of the allowable credit for eligible individuals with a qualified health insurance credit eligibility certificate. Requires the Comptroller General to study and report on whether this credit increased COBRA enrollment.
United States · United States Congress · 4 October 2001
Internet Tax Moratorium Extension Act - Amends the Internet Tax Freedom Act to extend, until June 30, 2002, provisions which prohibit a State or political subdivision from imposing: (1) taxes on Internet access, unless such tax was generally imposed and actually enforced prior to October 1, 1998; and (2) multiple or discriminatory taxes on electronic commerce.
United States · United States Congress · 4 October 2001
Small Business Growth and Worker Assistance Act of 2001 - Amends the Internal Revenue Code to: (1) increase (from 50 to 75 percent) the partial exclusion for gain from certain small business stock and reduce ( from five to three years) the required holding period for such stock, provide for doubling the cap on eligible gain from small business stock dispositions for a joint return, and make other modifications affecting small business taxes; (2) put retail restaurant facilities in the 15 year ACRS depreciation recovery period; and (3) increase the amount of depreciable business assets that may be expensed. Provides for a program of temporary emergency unemployment compensation. Amends the Workforce Investment Act of 1998 to authorize a specified amount of appropriations for FY 2002 and such sums as may be necessary for FY 2003 for: (1) youth activities; (2) adult employment and training activities; and (3) dislocated worker employment and training activities.
United States · United States Congress · 4 October 2001
Amends the Federal-State Extended Unemployment Compensation Act of 1970 to revise the formula for the extended benefits trigger. Amends the Social Security Act (SSA) to require increases and decreases in the earnings allocated to State accounts when States meet or fail to meet funding goals. Amends SSA to restrict interest-free advances to State accounts in the Unemployment Trust Fund to States which meet funding goals. Amends the Internal Revenue Code with respect to the Federal Unemployment Tax Act to allow certified States to elect to collect Federal unemployment taxes. Requires States to distribute to unemployed individuals State-specific information packets explaining unemployment insurance eligibility conditions.
United States · United States Congress · 4 October 2001
COBRA Coverage Act of 2001 - Amends the Internal Revenue Code to provide a tax credit for employer-provided COBRA (Consolidated Omnibus Budget Reconciliation Act of 1985) continuation coverage for covered employees and their families.
United States · United States Congress · 4 October 2001
Travel America Now Act of 2001-Amends the Internal Revenue Code to temporarily: (1) allow a credit for qualified personal travel expenses; (2) restore full deductibility for business entertainment expenses; and (3) extend the carry-back period for travel or tourism industry losses.
United States · United States Congress · 4 October 2001
Amends the Internal Revenue Code to require that the depreciation deduction for tangible property placed in service after 2001 be computed using neutral cost recovery ratios.
United States · United States Congress · 4 October 2001
Amends the Internal Revenue Code to reduce the maximum capital gains rate from 20 to 15 percent.
United States · United States Congress · 3 October 2001
Economic Revitalization Tax Cut Act - Amends the Economic Growth and Tax Relief Reconciliation Act of 2001 to extend the individual tax rate reductions and other changes to the Internal Revenue Code beyond December 31, 2010 (current sunset date). Amends the Internal Revenue Code to reduce the maximum capital gains rates for individuals.
United States · United States Congress · 3 October 2001
Small Business Leads to Economic Recovery Act of 2001 - Small Business Emergency Loan Assistance Act of 2001 - Amends the Small Business Act to provide assistance to small business concerns affected by the terrorist attacks of September 11, 2001, including through: (1) deferment of repayment and forgiveness of interest on new and existing disaster loans; (2) a temporary loan program; and (3) the temporary suspension of guarantee fees. Amends the Internal Revenue Code to: (1) increase the limitation and phase-out threshold for expensing depreciable business assets; (2) allow expensing of computer software; (3) shorten the computer/software depreciation recovery period; (3) increase the depreciation limits for business vehicles and the allowable deduction for business meals; (4) exclude government-guaranteed capital borrowed by Debenture Small Business Investment Companies from debt for purposes of unrelated business taxable income; and (5) repeal the alternative minimum tax on individuals and increase its availability to small corporations by raising the ceiling for the gross receipts test. Increases small business set-aside opportunities in military construction, Federal agency procurement, and emergency sole source procurement.
United States · United States Congress · 3 October 2001
I Love New York Tax Deduction Act of 2001 - Amends the Internal Revenue Code to increase the allowable deduction for business meal and entertainment expenses and allow a deduction for personal meal and entertainment expenses when such meal or entertainment is furnished in New York City.
United States · United States Congress · 3 October 2001
Tour Operators Up-Front-Deposit-Relief (TOUR) Act - States that an accrual method of accounting for tour deposits is proper if such method is permitted by specified revenue procedures.
United States · United States Congress · 3 October 2001
Biological and Chemical Weapons Preparedness Act of 2001 - Amends the Public Health Service Act to direct the Secretary of Health and Human Services to develop a coordinated plan to achieve the following biological or chemical preparedness goals by 2010: (1) first responders (law enforcement, fire, and medical services) will have adequate response capacity, training, and technology; (2) sophisticated electronic disease surveillance and information exchange; and (3) development of the health care and public health workforce in key biopreparedness priority areas. Requires such plan to include specific benchmarks and outcome measures. Funds activities through block grants to States. Includes Indian tribes in this program at their request. Requires each participating States' public health agency to develop (with the recommendations of a State Bioterrorism Preparedness Advisory Committee) a certifiable plan. Sets forth uniform data collection and reporting requirements. Requires fiscal controls on the use of such funds, including audits, repayments, and withholding (after investigation). Requires compliance with specified nondiscrimination acts. Establishes criminal penalties for fraudulently collecting payments. Directs the Secretary to award competitive grants with an emphasis on building emergency surge capacity, biocontainment, and decontamination capabilities. Authorizes additional appropriations for programs concerning; (1) vaccine, antibiotic, and therapeutic research and development; (2) protecting the food supply (including interdiction); and (3) research by specified federal agencies and departments. Requires the Secretary to review Federal counterterrorism efforts in light of unique rural community requirements.
United States · United States Congress · 3 October 2001
General Aviation Small Business Relief Act of 2001 - Amends the Small Business Act to direct the Small Business Administration to make grants to general aviation small business concerns in amounts equal to direct losses sustained since September 11, 2001, as a result of any Federal ground stop order(s) related to the terrorist attacks. Authorizes loans to assist such a business that has suffered, as a result of such attacks, substantial economic injury that is not incidental to the business's revenue and that is not compensated for by insurance or otherwise. Extends the due date for excise tax deposits for general aviation small business concerns.
United States · United States Congress · 3 October 2001
Amends the Internal Revenue Code to expand the treatment of employee contributions as pretax employer contributions.
United States · United States Congress · 3 October 2001
Working Families Tax Rebate Act of 2001-Amends the Internal Revenue Code to provide a refund (of up to $300) to individuals for payroll taxes paid in 2000.
United States · United States Congress · 3 October 2001
Constitutional Amendment - Repeals the 16th amendment (granting Congress the power to tax income). Prohibits Congress from having the power to lay and collect taxes on incomes, except in time of war declared by Congress.
United States · United States Congress · 3 October 2001
Sets forth the rule (modified open) for the consideration of H.R. 2883 (FY 2002 intelligence authorization).
United States · United States Congress · 2 October 2001
Internet Tax Moratorium Extension Act - Amends the Internet Tax Freedom Act to extend, until October 21, 2003, provisions which prohibit a State or political subdivision from imposing: (1) taxes on Internet access, unless such tax was generally imposed and actually enforced prior to October 1, 1998; and (2) multiple or discriminatory taxes on electronic commerce.
United States · United States Congress · 2 October 2001
Displaced Older Worker Assistance Act of 2001-Amends the Internal Revenue Code to: (1) exclude certain severance payments from income; and (2) allow as a credit qualified job retraining expenses for certain older long-time employees who are laid off. Directs the Comptroller General of the United States to study the special needs of displaced older workers.
United States · United States Congress · 2 October 2001
Amends the Immigration and Nationality Act to direct the Attorney General to take specified steps to ensure that the numerical limitation computation of H-1B visa (specialty occupation) nonimmigrant aliens accurately reflects the number of such aliens employed under such status in each fiscal year.
United States · United States Congress · 2 October 2001
Amends the Internal Revenue Code to establish a two year recovery period for depreciation of computers and other technological equipment. Reduces the recovery period from five to two years under the alternative depreciation system for certain property ( tax-exempt use property, etc.). Reduces the useful life for depreciation of computer software from 36 to 24 months. Establishes a seven year useful life for depreciation of certain auction-acquired telecommunications licences.
United States · United States Congress · 2 October 2001
Low-to-Moderate Income Home Ownership Tax Credit Act - Amends the Internal Revenue Code to establish a low-to-moderate home ownership credit based upon an applicable percentage of each qualified low-to-moderate income building's qualified basis. Excludes from gross income certain gain from the sale of such housing. Makes the rehabilitation credit applicable to buildings, other than certified historic structures, that are at least 50 years old. (Current law requires a building to have been placed in service before 1936.)
United States · United States Congress · 2 October 2001
District of Columbia Fiscal Integrity Act of 2001 - Amends the District of Columbia Home Rule Act to repeal the establishment of the Office of the Chief Financial Officer (CFO) of the District of Columbia. Subjects the authority of the Mayor for administration of the financial affairs of the District of Columbia, and for accounting supervision and control of the District government, to the limitations provided under the Independence of the Chief Financial Officer Establishment Act of 2001 (thus, providing for enactment of such Act). Specifies interim rules regarding: (1) the CFO's authority over the Office's personnel and certain other financial personnel; (2) the CFO's authority over contract procurement of goods and services for the Office; and (3) the preparation and submission of the annual budgets of such Office and the Inspector General. States conditions under which reprogramming of amounts in the budget may occur after the adoption of the annual budget for control and non-control fiscal years. Repeals the requirement for D.C. Council approval of contracts exceeding $1 million during a one-year period. Amends the District of Columbia Financial Responsibility and Management Assistance Act of 1995 to direct the CFO to: (1) establish a reporting event notification system to monitor the financial performance of the District government, economic trends in the Washington metropolitan area, and other factors affecting the District's financial stability; (2) make a determination, based on such factors, as to whether an event is likely to occur which will result in the initiation of a control period if the District does not take certain actions to respond to the event; and (3) notify the Mayor and Congress upon such determination. Requires the Mayor to develop an action plan to respond to an event upon such a notification. Sets forth provisions concerning: (1) the enactment of the District's budget without congressional approval; (2) the hiring of employees if the positions are authorized by the D.C. Council (currently, only by an Act of Congress); and (3) repeal of specified Federal authority over the District's budget-making process.
United States · United States Congress · 2 October 2001
Provide Appropriate Tools Required to Intercept and Obstruct Terrorism (PATRIOT) Act of 2001 - Amends the Federal criminal code to: (1) apply a court order for a pen register or trap and trace devices to any person or entity providing wire or electronic communication service in the United States whose assistance may facilitate execution of the order; (2) allow a trap and trace device to identify the source (but not the contents) of a wire or electronic communication; (3) permit seizure of voice mail messages under a warrant; (4) make it lawful to intercept the wire or electronic communication of a computer trespasser in certain circumstances; (5) allow subpoenas for records of electronic communications to include temporarily assigned network addresses; (6) provide for nationwide service of search warrants for electronic evidence; and (7) permit electronic communication and remote computing service providers to make emergency disclosures to a governmental entity of customer electronic communications to protect life and limb. Amends the Foreign Intelligence Surveillance Act of 1978 to: (1) authorize 90-day orders of electronic surveillance and search warrants regarding non-U.S. persons under foreign intelligence surveillance; (2) require a court order approving an electronic surveillance to direct any person to furnish necessary information, facilities, or technical assistance in circumstances where the Court finds that the actions of the surveillance target may have the effect of thwarting the identification of a specified person; (3) require an application for an electronic surveillance order or search warrant to certify that a significant purpose (currently, the sole or main purpose) of the surveillance is to obtain foreign intelligence information; and (4) authorize the Director of the Federal Bureau of Investigation (FBI) (or designee) to apply for an court order requiring production of certain business records for foreign intelligence and international terrorism investigations. Makes it lawful for foreign intelligence information obtained as part of a criminal investigation to be provided to any Federal law-enforcement-, intelligence-, protective-, national-defense, or immigration personnel, or the President or Vice President. Repeals the requirement that the FBI Director (or designee) certify the existence of specific and articulable facts that a person or entity is believed to be a foreign power or its agent when requesting a wire or electronic communication service provider or consumer reporting agency to provide access to telephone toll, electronic communication, and other specified transactional records for counterintelligence purposes. Authorizes the President to: (1) block during an investigation any rights, power, or privilege with respect to, or transactions involving, any property in which any foreign country or foreign national has any interest; and (2) confiscate any property (subject to U.S. jurisdiction) of a foreign country, organization, or national against whom U.S. armed forces may be used pursuant to a statute authorizing use of force, or that has been involved in an armed attack against the United States. Amends the Immigration and Nationality Act to broaden the scope of aliens ineligible for admission and deportable due to terrorist activities. Defines "terrorist organization" as: (1) a designated foreign terrorist organization; or (2) a group of two or more individuals which engages in, or has a significant subgroup which engages in, specified terrorist-related activities. Provides for the mandatory detention until removal from the United States (regardless of any relief from removal) of an alien certified by the Attorney General as a suspected terrorist or threat to national security. Limits judicial review to habeas corpus proceedings in the United States District Court for the District of Columbia. Broadens visa information disclosure provisions. Authorizes appropriations for increased Border Patrol and Immigration and Naturalization Service (INS) personnel on the Canadian border. Provides for the sharing of certain FBI criminal history extracts with the Department of State and the INS. Provides for: (1) special immigrant status for certain alien victims of terrorist activities; and (2) humanitarian relief for certain surviving alien spouses and children of U.S. citizens killed by such activities. (Excludes terrorists or family members from such benefits.) Amends the Federal criminal code to: (1) extend the statute of limitations for Federal terrorism and specified other offenses without limit; (2) provide for alternative maximum penalties for terrorism crimes; (3) make the penalties for attempts and conspiracies the same as the penalties for terrorism offenses; (4) make specified terrorism crimes Racketeer Influenced And Corrupt Organizations (RICO) statute predicates; (5) prescribe penalties for knowing possession in certain circumstances of biological agents, toxins, or delivery systems, especially by certain restricted persons; (6) prescribe penalties for support of terrorism through expert advice or assistance, and for harboring any person known to have committed or to be about to commit a terrorism offense; (7) increase to $10,000 the minimum civil damages recoverable for violations of prohibitions against unlawful governmental access to or disclosure of stored wire and electronic communications and transactional records; (8) declare additional extraterritorial Federal jurisdiction over any Federal terrorism offense involving a U.S. national or directed at U.S. security or interests; and (9) establish Federal jurisdiction over crimes committed at U.S. facilities abroad. Amends the Federal Rules of Criminal Procedure to permit: (1) Federal magistrates in any district in which terrorism-related activities may have occurred to issue search warrants for searches within or outside the district; and (2) disclosure to specified Federal personnel of Federal grand jury matters pertaining to terrorism or national security. Qualifies a Federal terrorism offense for collection of DNA for identification. Establishes criminal penalties for: (1) interference with a Federal law enforcement agent engaged in specified protective functions of a special agent of the Department of State and the Foreign Service; and (2) conduct directed against an individual under the protection of such special agents. Amends Federal criminal law to: (1) extend money laundering penalties to the laundering of the proceeds of terrorism; and (2) subject to civil forfeiture all assets, foreign or domestic, of terrorist organizations. Amends the Internal Revenue Code to authorize the Secretary of the Treasury until January 1, 2004, to disclose to Federal law enforcement agencies, in accordance with specified requirements, tax return information that may be related to terrorism and national security investigations, including the Department of Justice, Department of the Treasury, and Federal intelligence agencies for use by officers and employees (including State or local law enforcement personnel part of a Federal team) who are personally and directly engaged in such an investigation or response. Provides for tax return information disclosures pursuant to an ex parte order by a Federal district court judge or magistrate. Amends Federal criminal law to subject to U.S. extraterritorial jurisdiction any fraud and related activity in connection with access devices (e.g., credit cards). Provides for emergency funding of specified Office of Justice programs, rewards by the Attorney General and the Department of State, Immigration and Naturalization Service overtime. Urges a $25 million State Department reward for Osama bin Laden and other leaders of the September 11 attacks. Amends the Reclamation Recreation Management Act of 1992 to set criminal penalties for violation of security regulations for reclamation dams, facilities, and resources. Authorizes certain officer and employees within a Reclamation project or on Reclamation lands to carry firearms, make arrests, issue warrants, and conduct investigations. Authorizes the FBI Director to expedite the employment of translators to support counterterrorism investigations and operations without regard to applicable Federal personnel requirements and limitations, but subject to necessary security requirements. Directs the Inspector General of the Department of Justice to appoint a Deputy Inspector General for Civil Rights, Civil Liberties, and the FBI to review allegations of abuse of civil rights, civil liberties, and racial and ethnic profiling by government employees and officials.
United States · United States Congress · 2 October 2001
First Things First Act-Amends the Internal Revenue Code to raise certain highest marginal income tax rates. Amends the Economic Growth and Tax Relief Reconciliation Act of 2001 to: (1) repeal the phaseout of the overall limitation on itemized deductions and restore the phaseout of personal exemptions; and (2) repeal the termination of the estate and generation-skipping transfer taxes, step-up basis at death, and related items. Amends the Internal Revenue Code to increase the estate tax deduction for family-owned business interests. Establishes the National Priorities Assessment Task Force in the legislative branch. Requires such Task Force to evaluate congressional success in the following areas: (1) the provision of aid and relief to persons injured as a result of the September 11, 2001, terrorist attacks; (2) the security of the Social Security and Medicare trust funds; (3) the provision of a comprehensive prescription drug benefit to Medicare beneficiaries; (4) the provision of Federal funding for school modernization and teacher hiring; and (5) a significant reduction in worst case housing needs.
United States · United States Congress · 2 October 2001
Sets forth the rule for the consideration of H.R. 2646 (continuation of agricultural programs through FY 2011).
United States · United States Congress · 26 September 2001
Economic Revitalization Tax Act of 2001 - Amends Internal Revenue Code provisions concerning investment of earnings in U.S. property to set forth a separate rule governing any foreign corporation which is a controlled foreign corporation and is created or organized under the laws of the Commonwealth of Puerto Rico or a possession of the United States. Provides that in the case of certain dividends received by a domestic corporation from such a corporation, there shall be allowed as a deduction an amount equal to 85 percent of such dividend. Establishes a safe harbor rule for certain transfers or licenses of intangible property to such a corporation.
United States · United States Congress · 25 September 2001
Amends the Internal Revenue Code to modify the definition of rural airports with respect to the air transportation tax to provide that, for purposes of determining whether or not there were fewer than 100,000 departing commercial passengers, passengers departing on a segment of less than 100 miles shall not be taken into account.
United States · United States Congress · 25 September 2001
Aviation Employee Assistance Relief Act of 2001 - Amends the Internal Revenue Code to exempt from the early withdrawal penalty distributions from qualified retirement plans by individuals separated from employment by air carriers, aircraft manufacturers, or manufacturers of aircraft parts or components.
United States · United States Congress · 25 September 2001
Securing America Investment Act of 2001 - Amends the Internal Revenue Code to allow businesses to expense (deduct) the costs of purchasing and installing qualifying security devices.
United States · United States Congress · 25 September 2001
Employment Security Reform Act of 2001 - Amends the Internal Revenue Code (IRC) to revise Federal Unemployment Tax Act (FUTA) employer excise tax rate requirements. Repeals the 0.2 surtax for calendar years after 2001. (Ends the current FUTA employer tax rate of 6.2 percent of total employee wages after 2001, and begins a 6.0 rate in 2002). Redefines a reduced rate as a rate of contributions of less than 5.4 percent. Authorizes the Secretary of the Treasury to disclose certain tax information for purposes of combined employment tax reporting. Requires quarterly payment of unemployment taxes. Amends the Federal-State Extended Unemployment Compensation Act of 1970 to repeal certain State law extended benefit requirements. Amends the Social Security Act (SSA) to revise provisions and formulas for administrative funding of State unemployment compensation, State systems of public employment offices, and veterans employment service programs; (2) provide an adjustment to the Federal Unemployment Account ceiling; and (3) repeal special rules for State appropriations and special conditions on recent distributions. Revises SSA Unemployment Trust Fund and IRC FUTA provisions with respect to State use of compensating balances and interest earned on clearing an account to pay associated banking costs. Provides for: (1) IRC treatment of short-time compensation programs; and (2) Federal disclosure, under SSA, of certain information in the National Directory of New Hires to assist in State administration of unemployment compensation programs.