The world's political record
Records whose title is actually about this topic. Use a country filter if the list is still too broad.
201 records in US in 2002
United States · United States Congress · 30 July 2002
Amends the Internal Revenue Code to allow a nonrefundable tax credit for individuals of up to $200 ($400 for a joint return) of the value of an individual's total political contributions to congressional candidates.
United States · United States Congress · 29 July 2002
Prohibits the Internal Revenue Service from using any appropriated funds for any activity that contravenes IRS Notice 96-8 (issued January 18, 1996) or specified provisions of the Internal Revenue Code, the Employee Retirement Income Security Act of 1974, or the Age Discrimination in Employment Act of 1967 concerning single sum distributions from cash balance plans.
United States · United States Congress · 29 July 2002
Foreign and Armed Forces Tax Fairness Act of 2002 - Amends the Internal Revenue Code to: (1) restore the full exclusion from gross income of the death gratuity payment; (2) permit a suspension of residency rules governing the exclusion of gain from sale of a principal residence for members of the uniformed services or the Foreign Service serving on qualified official extended duty; (3) exclude from gross income qualified military base realignment and closure fringe benefits; (4) extend tax filing delay provisions to military personnel serving in contingency operations; (5) allow as a business or trade deduction the expenses of a member of the reserve component of the U.S. armed forces in connection with such service (available to itemizers and non-itemizers); (6) include ancestors and lineal descendants of past or present members of the armed forces when determining whether a veterans' organization is exempt from tax; and (7) fully exclude from gross income certain dependent care assistance programs sponsored by the Department of Defense.
United States · United States Congress · 26 July 2002
Amends the Internal Revenue Code to fully exclude from gross income certain dependent care assistance programs sponsored by the Department of Defense for members of the Armed Forces.
United States · United States Congress · 26 July 2002
Military Families Tax Fairness Act - Amends the Internal Revenue Code to: (1) exclude education loan repayments made by the Federal government for a member of the Armed Forces from gross income; (2) allow as a business or trade deduction the expenses of a member of the reserve component of the U.S. armed forces in connection with such service (available to itemizers and non-itemizers); (3) allow a reserve component employment credit equal to 50 percent of the amount of qualified compensation, including those who are self-employed; (4) permit a suspension of residency rules governing the exclusion of gain from sale of a principal residence for members of the uniformed services, the Foreign Service, or civilian employee of the Department of Defense serving on qualified official extended duty; and (5) exclude qualified military base realignment and closure fringe benefits from gross income.
United States · United States Congress · 26 July 2002
Extends the tax benefits available under the Internal Revenue Code for services performed in a combat zone to active duty performed by a member of the U.S. armed forces on the Island of Diego Garcia.
United States · United States Congress · 26 July 2002
District of Columbia Appropriations Act, 2003 - Makes appropriations to the District of Columbia for FY 2003, including amounts for the Federal payments: (1) for District of Columbia Resident Tuition Support; (2) for emergency planning and security costs in the District; (3) to the Chief Financial Officer of the District; (4) to District of Columbia Courts; (5) for Defender Services in District of Columbia Courts; (6) to the Court Services and Offender Supervision Agency for the District of Columbia (including transfer of funds); (7) to the Children's National Medical Center; (8) to the St. Coletta of Greater Washington, Inc. expansion project; (9) to the Department of Transportation in the District; (10) for implementation of the Anacostia Waterfront Initiative; (11) for capital infrastructure development; (12) for the Family Literacy Program; and (13) for development of Charter School facilities. Appropriates specified sums out of the District's general fund and/or other funds for the current fiscal year for: (1) operating expenses (with limitations); (2) governmental direction and support; (3) economic development and regulation; (4) public safety and justice; (5) the public education system (including transfer of funds); (6) human support services (including transfer of funds); (7) public works; (8) workforce investments; (9) the Reserve; (10) the Emergency and Contingency Reserve Fund; (11) repayment of certain loans and interest; (12) repayment of General Fund Recovery Debt; (13) payment of interest on short-term borrowing; (14) the John A. Wilson Building; (15) for certain non-departmental agency costs; (16) for principal and interest payments on the District's Certificates of Participation, issued to finance the ground lease underlying the building located at One Judiciary Square; (17) refunds and for the payment of legal settlements or judgments that have been entered against the District government; (18) for the District's costs of public safety expenses related to security events and for the costs of providing support to respond to immediate and specific terrorist threats or attacks in the District or surrounding jurisdictions; (19) pay-as-you-go capital in lieu of capital financing; (20) capital infrastructure development; (21) the Water and Sewer Authority; (22) the Washington Aqueduct; (23) the Stormwater Permit Compliance Enterprise Fund; (24) the Lottery and Charitable Games Enterprise Fund; (25) the Sports and Entertainment Commission; (26) the District of Columbia Retirement Board; (27) the Washington Convention Center Enterprise Fund; (28) the National Capital Revitalization Corporation; and (29) capital outlay (including rescissions). Transfers limited funds to the Tobacco Settlement Trust Fund.
United States · United States Congress · 26 July 2002
John's Law of 2002 - Directs the Secretary of Transportation to withhold specified Federal highway funds from a State that fails to enact and enforce a law that requires: (1) an agency to provide an individual summoned to transport or accompany a person who has been arrested for public intoxication with a written statement advising that individual of his or her potential criminal and civil liability for permitting or facilitating the arrestee's operation of a motor vehicle while the arrestee remains intoxicated; and (2) a law enforcement agency to impound the vehicle of a person arrested for public intoxication for a period of 12 hours or until such later time as the person is able to operate the vehicle in a safe manner and not in violation of driving while intoxicated laws. Allows withheld funds to: (1) remain available for apportionment to the State (once it meets Act requirements) for four years; (2) remain available for expenditure for three fiscal years after apportionment; and (3) be redistributed to other States if the originally targeted State is not in compliance, or the funds are not obligated for expenditure, within such periods.
United States · United States Congress · 26 July 2002
New Homestead Economic Opportunity Act - Directs the Secretary of Education to assume the obligation to repay specified portions of certain federally guaranteed education loans of borrowers who complete a degree and reside and are employed in a qualifying rural county. Amends the Internal Revenue Code to allow a specified tax credit to an individual who purchases a qualified residence in a qualifying rural county. Allows a capital loss deduction with respect to the sale or exchange of a principal residence in certain rural areas. Provides for establishment of tax-exempt individual homestead accounts to which a qualified individual residing in a qualifying rural county may make cash contributions, matched annually to a specified extent by the Secretary of the Treasury, for use exclusively to pay qualified individual homestead expenses. Allows a rural investment tax credit for an applicable percentage of the eligible basis of a qualified rural investment building. Provides for accelerated depreciation for specified rural investment property. Amends the Consolidated Farm and Rural Development Act to add a New Homestead Venture Capital Fund Act allowing private investors to establish a non-Federal New Homestead Venture Capital Fund to make needed investments in qualifying rural counties to reverse the impact of chronic outmigration and help such counties rebuild and grow.
United States · United States Congress · 26 July 2002
Tobacco Smuggling Eradication Act of 2002 - Amends chapter 52 (Tobacco Products and Cigarette Papers and Tubes) of the Internal Revenue Code to require all packages of tobacco products to carry a unique legibly printed serial number by which the Secretary of the Treasury can identify the manufacturer or importer and the location and date of manufacture or importation. Requires tobacco products sold on Indian reservations to be labeled as such. Requires a tobacco wholesaler to have a permit and to maintain certain records. Requires export warehouse proprietors to file certain reports with the Secretary. Authorizes the Secretary to enter into certain tobacco related information agreements with foreign countries. Establishes new offenses relating to the distribution of tobacco. Raises the $1,000 civil penalty under chapter 52 to $10,000. Amends the Contraband Cigarette Trafficking Act to: (1) expand the applicability of such Act from cigarettes only to "tobacco product" (cigars, cigarettes, smokeless tobacco, and pipe tobacco); (2) define "contraband tobacco product" as a quantity of tobacco product that is equivalent to or more than 30,000 cigarettes (currently, 60,000) which bear no evidence of the payment of applicable State tobacco taxes; (3) establish new unlawful acts; and (4) require additional recordkeeping. Repeals Federal law provisions concerning reports required to State tobacco tax administrators by individuals engaged in interstate cigarette commerce.
United States · United States Congress · 26 July 2002
Workplace Employee Stock Option Act of 2002 - Amends the Internal Revenue Code to provide for the exclusion from gross income of certain stock purchased with payroll deductions through an employee stock purchase plan. Sets forth special rules with respect to the inclusion of nonresident aliens under the provisions of this Act. Allows certain employees to be excluded from purchasing stock options under this Act. Requires certain employers to submit information returns relating to the transfer of ownership of stock acquired by employees pursuant to certain stock options, and assesses penalties for failure to comply.
United States · United States Congress · 26 July 2002
Steve Grissom Relief Fund Act of 2002 - Establishes the Steve Grissom Relief Fund in the Treasury. Directs the Secretary of Health and Human Services to make single payments to individuals infected with HIV or diagnosed with AIDS as a result of HIV- contaminated blood, blood components, human tissue or organs. Includes lawful spouses, as specified. Sets forth documentation, petition, determination, and payment procedures. States that such payments do not create or admit any claim or constitute income for income tax, supplemental security income benefits, and other purposes. Prohibits the assignment or transfer of rights under this title. Limits petitions to one per victim. Terminates the program after five years. Excludes payments from consideration as compensation or reimbursement for a loss as it concerns insurance or worker's compensation.
United States · United States Congress · 26 July 2002
Self-Employed Health Equity Adjustment to Lower Tax Hindrance Act - Amends the Internal Revenue Code to allow taxpayers to take the health insurance deduction into account in determining net earnings from self-employment.
United States · United States Congress · 26 July 2002
Family Property Tax Relief Act of 2002 - Permits a phased-in tax credit for an individual in an amount equal to 50 percent of the property taxes paid by the individual. Sets forth a maximum credit amount of $5,000. Prohibits married couples filing separate returns and dependents from benefitting from the credit.
United States · United States Congress · 26 July 2002
Amends Federal law to specify that the retirement fund of the Young Men's Christian Association (the YMCA) shall be treated as a Church Plan under the Internal Revenue Code. Classifies the YMCA's retirement plans (including the reserve accounts for such plans) under the Code as retirement income accounts provided by churches for years on or after January 1, 2002.
United States · United States Congress · 26 July 2002
Social Security Preservation Act of 2002 - Repudiates the statements of: (1) the Secretary of the Treasury, Paul O'Neill, that the social security program (title II (Old Age, Survivors and Disability Insurance) of the Social Security Act) is a "pyramid game" and that the social security trust funds (Federal Old-Age and Survivors Insurance Trust Fund and Federal Disability Insurance Trust Fund) have "no assets;" and (2) the statements of congressional leaders that the social security trust funds are "empty," a "total fraud," "a mere accounting device", and consist of "worthless IOUs." Prohibits the use by the Treasury of amounts borrowed from the social security trust funds to pay for other Government expenditures in a fiscal year, unless, during the nine month period immediately preceding the year, the Congress has enacted legislation explicitly affirming that the Treasury will repay these funds. Amends Federal law to require the President to include in each budget: (1) the total amount the Treasury has borrowed from the social security trust funds; and (2) explanations of repayment plans and the impact any legislation enacted in the preceding year will have on them. Requires the Secretary to affirm annually that the Treasury will honor the securities in such trust funds. Allows any individual credited with wages or self-employment income under Medicare to bring an action in an appropriate Federal district court to enjoin any act or practice: (1) by which the Secretary contests an obligation issued for purchase by either social security trust fund; or (2) which constitutes a failure to provide for redemption of the obligation in accordance with its terms or to otherwise honor the full faith and credit of the United States supporting such obligation.
United States · United States Congress · 26 July 2002
Introduced High Productivity Investment Act of 2001 - Amends the Internal Revenue Code to allow the expensing of the cost of high productivity property (defined as certain computer and computer related property, electronic equipment, semiconductor manufacturing equipment, optical fiber equipment, advanced environmental or life science products, and etc.). Directs that an election to treat property in such a fashion shall be made on an asset by asset basis, and that the cost of such property shall not include so much of the basis as is determined by reference to the basis of other property held at any time by the taxpayer. Provides for a recapture if the property is not used predominately in a trade or business at any time. Excludes certain property from qualifying for high productivity expensing. Makes permanent the 30 percent expensing for certain property acquired after September 10, 2001. Prescribes that the depreciation rules shall not be modified for purposes of the alternative minimum tax.
United States · United States Congress · 25 July 2002
Amends the Balanced Budget and Emergency Deficit Control Act of 1985 to establish spending caps (discretionary spending) for FY 2003. Extends spending caps and budget flexibility among defense programs through FY 2007. Extends other deficit elimination provisions through FY 2011. Amends the Congressional Budget Act of 1974 to extend budget enforcement mechanisms in the Senate, including supermajority requirements, allocations filings, and points of order concerning advanced appropriations and pay-as-you-go (PAYGO). Prohibits diversions from the Crime Victims Fund.
United States · United States Congress · 25 July 2002
Livestock Reinvestment Extension Act of 2002 - Amends the Internal Revenue Code to allow farmers to delay the inclusion in income of the amount earned from the sale of excess livestock due to Federal land management policy or action or to severe weather conditions until the second year following the year in which the special circumstance ceased to exist.(present law allows for inclusion of such income in the year following a year of severe weather). Sets forth new rules for drought designations. Modifies rules for replacement of involuntarily converted livestock, including to extend the replacement period (for both weather-related sales and sales forced by Federal policy) and to prescribe that an heir to an estate may replace such property within the required time frame. Applies this Act to sales and exchanges made after December 31, 2000.
United States · United States Congress · 25 July 2002
Amends the Internal Revenue Code to increase, from $3,000 to $20,000 (and from $1,500 to $10,000 for a married individual filing a separate return), the limitation on capital losses an individual may deduct against ordinary income. Adjusts amounts for inflation.
United States · United States Congress · 25 July 2002
Home Office Tax Simplification Act of 2002 - Amends the Internal Revenue Code to set a minimum deduction of $2,500 for the business use (or rental of) of a dwelling unit. Repeals the requirement of a depreciation recapture on the sale of a principal residence.
United States · United States Congress · 25 July 2002
Government Shutdown Prevention Act - Provides for continuing appropriations for a fiscal year in the absence of regular appropriations, at a level not exceeding 75 percent of the lowest of possible rates of operations found in: (1) the previous fiscal year's appropriations or continuing appropriations acts; (2) the House or Senate passed appropriation bill for the fiscal year in question (except for a project or activity not funded in one such version); (3) the presidential budget submission; or (4) the annualized rate of operations provided for in the most recently enacted joint resolution making continuing appropriations for part of that fiscal year or any funding levels established under this Act. Charges expenditures made under this Act to the applicable appropriation, fund, or authorization when it becomes law.
United States · United States Congress · 25 July 2002
Amends the Internal Revenue Code concerning the medical care deduction to: (1) include meals away from home within the deduction; and (2) eliminate the $50 per individual per night ceiling for medically related meals and lodging.
United States · United States Congress · 25 July 2002
Amends the Internal Revenue Code to increase the standard mileage rate deduction for the charitable use of passenger automobiles from 14 cents per mile to the standard mileage rate prescribed by the Secretary of the Treasury for business purposes.
United States · United States Congress · 25 July 2002
Sets forth the rule for the consideration of the Senate amendment to H.R. 4546 (FY 2003 Department of Defense authorization).
United States · United States Congress · 24 July 2002
Honor Our Heroes Act - Amends the Internal Revenue Code to restore in full the tax exempt status of death gratuity payments to members of the armed services. Applies this Act with respect to deaths occurring after September 10, 2001.
United States · United States Congress · 24 July 2002
U.S. Port Opportunity and Revitalizing Trade Act - Amends the Internal Revenue Code to exempt certain ports located near foreign international container ports from the harbor maintenance tax.
United States · United States Congress · 24 July 2002
Permanent Tax Relief for School Construction Act - Makes the sunset provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 inapplicable to provisions of such Act relating to treatment of qualified public educational facility bonds as exempt facility bonds, thus making such provisions permanent.
United States · United States Congress · 24 July 2002
Amends the Internal Revenue Code to provide that ancestors and lineal descendants of past or present members of the armed forces shall be taken into account in determining whether a veterans' organization is exempt from tax.
United States · United States Congress · 24 July 2002
Armed Forces Filing Fairness Act of 2002 - Amends the Internal Revenue Code to apply the tax filing delay provisions to military personnel serving in contingency operations.
United States · United States Congress · 24 July 2002
Education Savings and School Excellence Performance Act of 2002 - Makes the sunset provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 inapplicable to provisions of such Act relating to education savings incentives, thus making those provisions permanent. Amends the Internal Revenue Code to provide for tax-free expenditures from education savings accounts for elementary and secondary education expenses at home schools (currently the Code provides for tax-free treatment of expenses at public, private, and religious schools only).
United States · United States Congress · 24 July 2002
United States Port Opportunity and Revitalizing Trade Act of 2002 - Amends the Internal Revenue Code to exempt certain ports located near foreign international container ports from the harbor maintenance tax.
United States · United States Congress · 23 July 2002
Education Freedom Act - Amends the Internal Revenue Code to permit a tax credit for 50 percent of certain cash contributions by a taxpayer to an education investment organization or to an elementary or secondary school. Sets a maximum credit of $50,000 for corporations and $250 for other taxpayers ($500 for a joint return). Provides other limitations on the amount of the credit in certain specified instances. Excludes from gross income any amount received as a grant for qualified elementary and secondary expenses from an education investment organization. Defines "qualified elementary and secondary expenses" and "education investment organization." Revises definition of "school" for purposes of defining qualified elementary and secondary education expenses.
United States · United States Congress · 23 July 2002
Back to School Tax Relief Act of 2002 - Amends the Internal Revenue Code to permit a taxpayer whose adjusted gross income is $20,000 or less ($40,000 in the case of a joint return) to deduct up to $3,000 in qualified elementary and secondary education expenses. Defines qualified elementary and secondary education expenses and adjusted gross income.
United States · United States Congress · 23 July 2002
Retirement Security for All Americans Act - Amends the Internal Revenue Code to permit a tax credit for an applicable percentage of up to $2,000 in retirement savings contributions of an individual. Excludes dependents and full-time students from being eligible for the credit, and reduces the amount considered for the credit by the amount of certain distributions received by an individual. Repeals the nonrefundable credit for elective deferrals and IRA contributions. Imposes a tax on any failure by an employer that does not have a qualified plan or arrangement for a calendar year to permit its employees access to salary reduction contributions to individual retirement plans. Makes an exception for certain small employers. Permits a tax credit for small employers that maintain salary reduction arrangements. Allows a tax credit for a duration of three years for pension plan contributions of small employers.
United States · United States Congress · 23 July 2002
Amends the Internal Revenue Code to increase the age limit for the child tax credit from 17 to 19.
United States · United States Congress · 23 July 2002
Education Affordability Act of 2002 - Makes the sunset provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 inapplicable to provisions of such Act relating to educational assistance, thus making those provisions permanent.
United States · United States Congress · 23 July 2002
Sets forth the rule (modified open) for the consideration of H.R. 4628 ((FY 2003 intelligence authorization).
United States · United States Congress · 22 July 2002
Amends the Internal Revenue Code to establish that all property of "covered expatriates" shall be treated as sold on the day before the "expatriation date" for its fair market value, and that gain and loss shall be taken into account for the taxable year of the sale (with proper subsequent adjustment). Defines "expatriate" and "expatriation date." Permits an individual to make an irrevocable decision to defer the additional tax attributable to such property provided that adequate security is furnished and that the individual waives any rights under treaties of the United States that would preclude assessment or collection of relevant tax. Excludes certain "United States real property interests" and interest in certain retirement plans from counting as sold under this Act. Establishes special rules applicable to "covered expatriates'" interests in trusts and qualified trusts, including a tax in instances of the latter. Sets forth that such tax shall be replaced by another tax under certain delineated conditions, including if a trust ceases to be a qualified trust. Imposes a tax on "covered gifts and bequests" of more than $10,000 from expatriates to American citizens and residents, with certain specified exceptions.
United States · United States Congress · 22 July 2002
Small Business Health Insurance Affordability Act of 2002 - Amends the Internal Revenue Code to permit a limited tax credit for employers of 15 or fewer employees based on premiums paid for health insurance for employees. Denies an employer the credit if the relevant employee earned at least $40,000 or worked less than 400 hours for the year. Provides an adjustment for inflation.
United States · United States Congress · 19 July 2002
Amends the Internal Revenue Code to allow farmers to delay the inclusion in income of the amount earned from the sale of excess livestock due to Federal land management policy or action or to severe weather conditions until the year following two years in which the condition does not exist (present law allows for inclusion of such income in the year following a year of severe weather). Sets forth new rules for drought designations. Modifies rules for replacement of involuntarily converted livestock, including to prescribe that an heir to an estate may replace such property within the required time frame.
United States · United States Congress · 19 July 2002
Amends the Internal Revenue Code to exclude from gross income amounts received from a charitable organization as reimbursement for the operating expenses of a passenger automobile utilized for the benefit of such organization, with exceptions. Amends Federal law to revise provisions allowing the Secretary of the Treasury to impose a civil penalty for any violation of a provision regarding records and reports on foreign financial agency transactions (present law allows a penalty only for willful violations).
United States · United States Congress · 18 July 2002
Business, Investors', and Employees' Bill of Rights Act of 2002 - Amends the Federal criminal code, the judicial code, the bankruptcy code, the Securities Exchange Act of 1934, and other related Federal law to: (1) establish criminal penalties for securities fraud and designated corporate practices; and (2) declare that debts incurred in violation of securities fraud laws are nondischargeable in bankruptcy. Establishes the Retirement Security Fraud Bureau in the Department of Justice. Amends the Internal Revenue Code to: (1) treat the acquiring corporation in a corporate expatriation transaction as a domestic corporation; and (2) treat as ordinary income the unrealized built-in gain on options to acquire stock by a corporate insider of an expatriate corporation. Provides for executive accountability, including application of the "golden parachute" excise tax to deferred compensation paid by a corporation following a major decline in its stock value, or if it declares bankruptcy. Mandates that: (1) national securities exchanges and associations prohibit insider loans; and (2) the Securities and Exchange Commission require disgorgement of proceeds resulting from misconduct by an issuer of securities or its executive staff, and executive officer accountability. Sets forth provisions concerning: (1) corporate governance and accuracy of investor information; (2) auditor independence; (3) industry oversight; and (4) model rules for attorneys of issuers. Exempts registered investment companies from requirements and prohibitions of this Act regarding: (1) real-time disclosure of financial information; (2) transparency of corporate disclosures; (3) reporting on insider transactions and relationships; (4) independent directors and other corporate governance requirements; and (5) auditor oversight. Amends the Employee Retirement Income Security Act of 1974 to establish the Office of Pension Participant Advocacy, and to prescribe procedural guidelines for: (1) pension benefits disclosures; (2) diversification requirements; (3) employee representation; (4) executive parity; (5) insurance to protect pension participants and beneficiaries; and (6) independent investment advice for participants.
United States · United States Congress · 18 July 2002
Amends Federal transportation law with respect to urbanized area formula grants for capital projects and the planning and improvement costs of equipment, facilities, and associated capital maintenance items for use in mass transportation. Makes a special rule for FY 2003 authorizing the Secretary of Transportation to make such grants from FY 2003 funds to finance the operating cost of equipment and facilities for use in mass transportation in an urbanized area with a population of at least 200,000 as determined under the 2000 Federal decennial census of population, if: (1) the urbanized area had a population under 200,000 in the 1990 census; (2) a portion of the area was a separate urbanized area with a population under 200,000 in the 1990 census; or (3) the area was not designated as a urbanized area in the 1990 census. Limits such amounts: (1) for the first two described areas to the amount apportioned in FY 2002 to such areas; and (2) for urbanized areas that, for the first time, exceeded 200,000 in population according to the 2000 census, to the amount apportioned for FY 2003.
United States · United States Congress · 18 July 2002
Zuni Indian Tribe Water Rights Settlement Act of 2002 - Ratifies the Settlement Agreement concerning Zuni Indian Tribe water rights claims in the Little Colorado River basin, Arizona. Includes the provision of assistance for acquiring surface water rights, the use of groundwater, and wetland restoration. Names the Tribe, the State of Arizona and specified state agencies, specified neighboring non-Indian communities, and specified water and power companies as parties to the agreement. Directs the Secretary of the Interior to execute the Settlement Agreement and subsequent, mutually agreed upon amendments. Establishes and authorizes appropriations to the Zuni Indian Tribe Water Rights Development Fund to be allocated among specified activities, including the acquisition of water rights and restoration at the Zuni Heaven Reservation. Includes funds paid to the Tribe as required by the Settlement Agreement. Conditions Zuni expenditures from such Fund upon the approval of a tribal management plan and an expenditure plan. Directs the Secretary to take title to specified lands in trust for the benefit of the Tribe, including lands to become part of the Reservation. Sets forth the status of such lands with regard to Federal and State water rights and ad valorem taxes. Extinguishes all claims for water rights in Zuni lands.
United States · United States Congress · 18 July 2002
Tax Simplification Act of 2002 - Amends the Internal Revenue Code to repeal the alternative minimum tax. Amends the definitions of dependent and of head of household. Modifies provisions concerning: (1) the dependent care credit; (2) the child tax credit; (3) the earned income credit; and (4) the deduction for a personal exemption for dependents. Accelerates the repeal of the phaseout of personal exemptions and of the overall limitation on itemized deductions. Repeals certain phaseout provisions, including with regard to the child tax credit. Modifies provisions dealing with the capital gains tax (including, allowing the deduction for nonitemizers) and providing for a deduction for points on a home mortgage. Provides for the partial exclusion of dividends and interest. Increases the exclusion for group-term life insurance purchased for employees. Combines the Hope and Lifetime Learning credits. Repeals provisions regarding collapsible corporations. Sets forth special rules dealing with the active business test for certain corporate reorganizations. Provides rules for determining the transferor's basis of intangible property to a corporation. Repeals the ability of partnerships to elect to apply large partnership rules, effective after December 31, 2003. Repeals the personal holding company tax. Grants the Secretary of the Treasury the authority to prescribe the class life of any property, except for residential rental property and nonresidential real property. Repeals the occupational taxes relating to distilled spirits, wine, and beer. Converts the failure to pay one's estimated income tax penalty to an interest charge on the accumulated unpaid balance.
United States · United States Congress · 18 July 2002
Heritage Homes Tax Incentive Act of 2001 (sic) - Amends the Internal Revenue Code to grant a deduction of 125% of residence interest paid or accrued on acquisition indebtedness for heritage homes (instead of the present 100%).
United States · United States Congress · 17 July 2002
Zuni Indian Tribe Water Rights Settlement Act of 2002 - Ratifies the Settlement Agreement concerning Zuni Indian Tribe water rights claims in the Little Colorado River basin, Arizona. Includes the provision of assistance for acquiring surface water rights, the use of groundwater, and wetland restoration. Names the Tribe, the State of Arizona and specified state agencies, specified neighboring non-Indian communities, and specified water and power companies as parties to the agreement. Directs the Secretary of the Interior to execute the Settlement Agreement and subsequent, mutually agreed upon amendments. Establishes and authorizes appropriations to the Zuni Indian Tribe Water Rights Development Fund to be allocated among specified activities, including the acquisition of water rights and restoration at the Zuni Heaven Reservation. Includes funds paid to the Tribe as required by the Settlement Agreement. Conditions Zuni expenditures from such Fund upon the approval of a tribal management plan and an expenditure plan. Directs the Secretary to take title to specified lands in trust for the benefit of the Tribe, including lands to become part of the Reservation. Sets forth the status of such lands with regard to Federal and State water rights and ad valorem taxes. Extinguishes all claims for water rights in Zuni lands.
United States · United States Congress · 17 July 2002
Trade Adjustment Assistance Improvement Act of 2002 - Amends the Trade Act of 1974 to revise requirements with respect to: (1) agreements between the United States and cooperating States or State agencies for the petition and provision of certain services and benefits for workers adversely affected by import competition; (2) eligibility certification of a group of adversely affected workers for trade adjustment assistance; (3) payment of, and limitations on, trade adjustment allowances to such workers; (4) job training programs for them; and (5) the maximum amount of job search and relocation allowances payable to an adversely affected worker. Provides for the eligibility certification of adversely affected secondary workers, employed at a downstream producer or a supplier, for trade adjustment assistance. Reauthorizes and revises the trade adjustment assistance program for firms adversely affected by import competition. Reestablishes trade adjustment assistance programs for communities adversely affected by import competition. Community Workforce Development and Modernization Partnership Act - Directs the Secretary of Labor to make competitive matching grants to eligible partnerships to: (1) help workers improve job skills necessary for employment by businesses in the pertinent industry; (2) help dislocated workers find employment; and (3) upgrade the operating and competitive capacities of businesses belonging to the partnership. Sets forth partnership program requirements and authorized activities for workforce development and business modernization. Authorizes a group of agricultural commodity producers to petition the Secretary of Agriculture for a certification of eligibility to apply for trade adjustment assistance. Authorizes a group of producers (persons who are engaged in commercial fishing or who are U.S. fish processors) to petition the Secretary of Commerce for a certification of eligibility to apply for trade adjustment assistance. Amends the Internal Revenue Code to allow an individual eligible for trade adjustment assistance a tax credit for 75 percent of the cost of health care insurance coverage. Establishes a program for making payments to providers of health insurance on behalf of workers eligible to receive trade adjustment assistance. Amends part A of title XI of the Social Security Act to authorize grants to States to provide workers eligible to receive trade adjustment assistance: (1) temporary health insurance coverage; and (2) transportation, child care, dependent care, and income assistance. Amends the Consolidated Omnibus Budget Reconciliation Act of 1985 to extend the authority of the Secretary of the Treasury to charge and collect customs user fees.
United States · United States Congress · 17 July 2002
Sets forth the rule (modified closed) for the consideration of H.R. 5121 (FY 2003 legislative branch appropriations).