Taxation

Intelligence Authorization Act for Fiscal Year 2007

United States · United States Congress · 25 May 2006

Intelligence Authorization Act for Fiscal Year 2007 - Authorizes appropriations for FY2007 for the conduct of intelligence and intelligence-related activities of the: (1) Office of the Director of National Intelligence (DNI); (2) Central Intelligence Agency (CIA); (3) Department of Defense; (4) Defense Intelligence Agency; (5) National Security Agency; (6) Departments of the Army, Navy, and Air Force; (7) Departments of State, the Treasury, Energy, and Justice; (8) Federal Bureau of Investigation; (9) National Reconnaissance Office; (10) National Geospatial-Intelligence Agency; (11) Coast Guard; (12) Department of Homeland Security; and (13) Drug Enforcement Administration. Specifies that the amounts authorized and the authorized personnel ceilings as of September 30, 2007, for those activities are those specified in the classified Schedule of Authorizations. Allows the DNI, with the approval of the Director of the Office of Management and Budget, to authorize employment of civilian personnel in excess of the number authorized for FY2007 (by not more than two percent) when necessary to the performance of important intelligence functions. Authorizes appropriations for the Intelligence Community Management Account of the DNI for FY2007 as well as for full-time personnel for elements within such Account. Authorizes appropriations for FY2007 for the Central Intelligence Agency Retirement and Disability Fund. Specifies that the authorization of appropriations by this Act shall not be deemed to constitute authority for the conduct of any intelligence activity which is not otherwise authorized by the Constitution or laws of the United States. Revises various DNI authorities and duties concerning access to, and sharing of, intelligence information. Amends the National Security Act of 1947 to establish an Office of the Inspector General of the Intelligence Community. Repeals superseded authority to establish such position under the Inspector General Act of 1978. Establishes within the Office of the DNI a National Space Intelligence Center. Protects from public disclosure certain operational files within the Office of the DNI. Establishes a Deputy Director of the CIA.

Catastrophe Savings Accounts Act of 2006

United States · United States Congress · 25 May 2006

Catastrophe Savings Accounts Act of 2006 - Amends the Internal Revenue Code to create tax-exempt catastrophe savings accounts (CSAs). Allows tax-free distributions from CSAs to pay expenses resulting from a presidentially declared major disaster. Limits CSA balances to: (1) $2,000 (for individuals with homeowner insurance deductibles of not more than $1,000); and (2) the lesser of $15,000 or twice a homeowner's insurance deductible (for individuals with deductibles of more than $1,000).

Policyholder Disaster Protection Act of 2006

United States · United States Congress · 25 May 2006

Policyholder Disaster Protection Act of 2006 - 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.

Estate Litigation Fairness Act

United States · United States Congress · 25 May 2006

Estate Litigation Fairness Act - Amends the Internal Revenue Code to extend the limitation period for filing a refund claim for overpayment of estate tax resulting from litigation expenses incurred after the filing date of the estate tax return.

Urban Development Act of 2006

United States · United States Congress · 25 May 2006

Urban Development Act of 2006 - Instructs the Secretary of Housing and Urban Development to establish an urban blight demolition program. Authorizes the Secretary to award grants to eligible recipients to demolish condemned or tax-foreclosed residential housing in urban areas, including: (1) remediation of the demolition sites prior to demolition; and (2) rehabilitation of the demolition sites to public use spaces.

National Constitution Center Operations Act

United States · United States Congress · 25 May 2006

National Constitution Center Operations Act - Amends the Constitution Heritage Act of 1988 to set forth requirements for cooperative agreements between the Secretary of the Interior and the National Constitution Center (NCC) for the operation of the NCC, including: (1) that revenues from the operation of the NCC be made available to the NCC (without further appropriation) to offset its operating expenses; and (2) that the NCC maintain appropriate risk insurance, maintain its tax-exempt status, and report annually to the Secretary or Congress on its activities, goals and plans. Authorizes the Secretary to terminate a cooperative agreement in the public interest. Exempts agreements, leases, contracts or other arrangements entered into under this Act from certain requirements for leases of buildings by the federal government and for the award of concession contracts in units of the National Park System.

Preparedness Information Publication Incentive Act of 2006

United States · United States Congress · 25 May 2006

Preparedness Information Publication Incentive Act of 2006 - Directs the Secretary of the Department of Homeland Security (DHS) to make grants to states to provide for the publication of security and emergency information in telephone directories. Authorizes a state to use a grant award to develop such information and provide financial assistance to publishers that agree to publish the information in designated directory sections. Requires such information to include: (1) a guide for family emergency preparedness; (2) lists of supplies for family emergency preparedness and accessible local radio and television stations; (3) weather-related preparedness information; (4) information concerning emergency evacuation routes and the threat of hazardous material accidents; (5) descriptions of the Amber Alert program and the Homeland Security Advisory System; (6) an explanation of nuclear, biological, and chemical weapons, including exposure guidance; and (7) first aid instructions. Sets forth application requirements. Limits the maximum grant award for a state in a fiscal year to $200,000.

African Entrepreneurship Act of 2006

United States · United States Congress · 25 May 2006

African Entrepreneurship Act of 2006 - States that it shall be U.S. policy to make available for private sector development in sub-Saharan African countries professional, technical, and other resources for capacity-building for retail banks and small and medium enterprises, including farmers' cooperatives and businesses, to promote entrepreneurship and economic and export diversification, to expand the formal sector, and to increase trade. Amends the Internal Revenue Code to include an African Economic Diversification Fund financing rate in the determination of the tax on petroleum products entered into the United States directly from a beneficiary sub-Saharan country. Terminates the Fund financing rate after December 31, 2011. Establishes in the Treasury the African Economic Diversification Fund. Sets forth permitted expenditures. Amends the Small Business Act to establish in the Office of International Trade the 21st Century African Entrepreneurs Program to provide assistance to qualified small and medium African enterprises. Provides for the establishment of not less than three African Entrepreneurs Program Centers for each of FY2007-FY2012 in qualified sub-Saharan countries. Directs the Administrator of the Small Business Administration (SBA) to establish the U.S.-Africa Private Sector Advisory Council. States that: (1) the Administrator should provide the Secretary of the Treasury with information pertaining to how African Development Bank programs can be used to improve the 21st Century African Entrepreneurs Program; (2) the Secretary of Agriculture should provide the Secretary of the Treasury with information pertaining to how the establishment of a value-added agricultural loan facility can be used to support development of qualified small and medium African enterprises devoted to the processing of agricultural commodities; and (3) the Secretary of State should undertake activities to strengthen internationally recognized labor rights and standards in qualified sub-Saharan African countries. Authorizes the President, through the United States Agency for International Development (USAID), to provide assistance to small and medium enterprises in such countries for: (1) youth entrepreneurship programs; and (2) anti-corruption initiatives.

To amend the Internal Revenue Code of 1986 to add human papillomavirus vaccines to the list of taxable vaccines for purposes of the Vaccine Injury Compensation Trust Fund.

United States · United States Congress · 25 May 2006

Amends the Internal Revenue Code to include any human papillomavirus vaccine as a taxable vaccine for excise tax purposes.

To amend the Internal Revenue Code of 1986 to clarify the tax credit for electricity produced from open-loop biomass.

United States · United States Congress · 25 May 2006

Amends Internal Revenue Code provisions allowing a tax credit for producing electricity from open-loop biomass to: (1) eliminate the requirement that open-loop biomass be segregated from other waste material; (2) limit the amount of such credit based on consumption of nonqualified fuel by a open-loop biomass facility; and (3) allow the placing in service of additional open-loop biomass facilities with additional capacity.

Personal Health Investment Today Act of 2006

United States · United States Congress · 25 May 2006

Personal Health Investment Today Act of 2006 - Amends the Internal Revenue Code to treat up to $1,000 of amounts paid annually for exercise equipment and physical exercise programs as tax deductible medical expenses.

DEPARTMENT OF DEFENSE APPROPRIATIONS FOR FISCAL YEAR 2007

United States · United States Senate · 24 May 2006

A resolution to amend the Standing Rules of the Senate to prohibit Members from using charitable foundations for personal gain.

United States · United States Congress · 24 May 2006

Amends Rule XXXVII (Conflict of Interest) of the Standing Rules of the Senate to prohibit Members of the Senate from using any charitable tax-exempt organization for personal or political gain. Specifies conditions under which a Senator shall be considered to have used such organization for such purpose. Requires Senators and their employees to disclose to the Secretary of the Senate the identity of any person who makes to such an organization a contribution of over $200 and of which such Member or employee knows. Requires the Secretary to make such disclosures public. Authorizes the Select Committee on Ethics to grant a waiver to Members with respect to this Act in the case of an organization over whose affairs the Member's spouse, but not the Member, is in a position to exercise substantial influence.

Responsible Bioterrorism Funding Act of 2006

United States · United States Congress · 24 May 2006

Responsible Bioterrorism Funding Act of 2006 - Requires, for FY2007 and subsequent fiscal years, that all grants to states administered by the Secretary of the Department of Health and Human Services (HHS) for preparation for or response to bioterrorism be distributed in accordance with a risk-based formula predicated on a quantitative assessment of threat, vulnerability, and consequences. Directs the Secretary of the Department of Homeland Security (DHS) to: (1) develop such formula, which shall be established and provided to the HHS Secretary by March 31, 2006; and (2) periodically review (and revise as appropriate) the formula to accurately distribute funds based on risk. Makes a revision ineffective for a fiscal year unless it is approved by both Secretaries by July 1 of the preceding year.

Student Savings Act of 2006

United States · United States Congress · 24 May 2006

Student Savings Act of 2006 - Repeals the provision of the Tax Increase Prevention and Reconciliation Act of 2005 which subjects the passive income of minor children under the age of 18 (formerly, under the age of 14) to the marginal income tax rates of their parents. Imposes a surtax on individual adjusted gross income over $1 million to compensate for revenue losses resulting from such repeal.

Providing for consideration of the bill (H.R. 5441) making appropriations for the Department of Homeland Security for the fiscal year ending September 30, 2007, and for other purposes.

United States · United States Congress · 24 May 2006

Sets forth the rule for consideration of the bill (H.R. 5441) making appropriations for the Department of Homeland Security for the fiscal year ending September 30, 2007.

FISCAL YEAR 2007 DRUG CONTROL BUDGET AND THE BYRNE GRANT, HIDTA, AND OTHER LAW ENFORCEMENT PROGRAMS: ARE WE JEOPARDIZING FEDERAL, STATE AND LOCAL COOPERATION?

United States · United States House of Representatives · 23 May 2006

Strategic Energy Fund Act of 2006

United States · United States Congress · 23 May 2006

Strategic Energy Fund Act of 2006 - Amends the Internal Revenue Code to establish in the Treasury the Strategic Energy Fund. Transfers revenues from the excess profits tax imposed by this Act to such Fund to finance clean energy research and alternative fuel projects. Modifies the tax credit for investment in alternative fuel vehicle refueling property to: (1) increase the rate of such credit from 30 to 50%; (2) increase to $50,000 the allowable amount of such credit for commercial refueling properties; and (3) extend such credit to the earlier of December 31, 2014, or until 20,000 refueling properties have been installed through the use of such credit. Expands eligibility for the small ethanol producer tax credit for producers of sucrose or cellulosic ethanol. Extends through 2014: (1) income and excise tax credits for biodiesel used as fuel; (2) tax credits for investment in solar energy and fuel cell property; (3) the tax deduction for energy efficient commercial property; and (4) the tax credit for new energy efficient homes. Allows new tax credits for: (1) the manufacture of flexible fuel and advanced technology motor vehicles; (2) investment in fuel-efficient motor vehicle fleets; (3) investment in wind energy property; and (4) captured carbon dioxide processes to enhance oil and natural gas recovery. Extends through 2017 the tax credit for producing electricity from renewable resources. Directs the Secretary of Energy to establish the position of Assistant Secretary for Advanced Energy Research, Technology Development, and Deployment. Imposes for taxable years beginning in 2006 or 2007 a 50% excise fee on the excess profits of integrated oil companies and producers or refiners of crude oil with gross receipts exceeding $100 million. Eliminates certain tax benefits for such oil companies, producers, and refiners, including: (1) the tax deductions for intangible drilling and development costs and for income attributable to domestic production of oil, natural gas, or related products; (2) amortization of geological and geophysical expenditures; and (3) foreign tax credits and deferrals. Requires such companies, producers, and refiners to revalue their LIFO inventories of crude oil, natural gas, and other petroleum products according to a specified formula. Directs the Secretary of the Interior to suspend royalty relief programs for producers of oil and natural gas on federal lands during periods when the price of oil and natural gas exceeds certain levels and to renegotiate existing leases for production of oil and natural gas on federal lands. Places limits on the depreciation of certain non-farm heavy passenger motor vehicles.

To authorize salary adjustments for Justices and judges of the United States for fiscal year 2007.

United States · United States Congress · 23 May 2006

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

Illegal Immigration Crisis Response Act of 2006

United States · United States Congress · 23 May 2006

Illegal Immigration Crisis Response Act of 2006 - Directs the Secretary of Homeland Security to: (1) increase incentives to recruit full-time Border Patrol agents; and (2) establish a Border Patrol agent training program that provides one year's tuition for each year of full-time Border Patrol service. Authorizes the Secretary to: (1) deploy newly developed technologies along the U.S. land and maritime borders; and (2) construct a fence along the southern border. Prohibits U.S. admission without presentation of appropriate documentation, such as a passport, visa, U.S. driver's license, alien registration card, or border crossing card. Declares English to be the official language of the United States. Authorizes persons injured by violations of this Act to obtain appropriate relief in civil actions. Declares, as a general rule of construction, that English language requirements and workplace policies, whether in the public or private sector, shall be presumptively consistent with U.S. laws. Directs the Secretary to establish in the Department of Homeland Security (DHS) an Office of Alien Registration to manage the registration, adjustment, and citizenship process of aliens unlawfully in the United States. Provides that: (1) an alien who has been continuously present in the United States since the date of introduction of this Act may register with the Office (during the six months after establishment of such Office), and if determined to not have a criminal or terrorist background, be issued a temporary, and subsequently, permanent registration card (upon registration the alien shall become liable for federal and state taxes); (2) an unlawful alien who is not registered or has not satisfied certain requirements shall be subject to expedited removal and criminal penalties; (3) upon registration an alien shall receive 15-month temporary resident status, which shall be adjusted to permanent resident status upon timely application after one year's residence and demonstration of citizenship skills (makes such alien eligible for naturalization); and (4) an alien who fails to adjust to permanent resident status shall be removed from the United States. Requires an employer who hires an alien who is eligible for registration but not otherwise registered to register such alien with the Office. Provides a fine for employer registration violations. Requires temporary worker (H-2) visas to be tamper-resistant and counterfeit-proof and to contain a biometric component.

To suspend the Federal highway fuels taxes, to authorize the leasing, development, production, and transportation of oil and gas in and from the Coastal Plain of Alaska, and for other purposes.

United States · United States Congress · 23 May 2006

Amends the Internal Revenue Code to suspend excise taxes on gasoline, diesel fuel, and kerosene for a 90-day period after the enactment of this Act (suspension period). Provides for the reimbursement of the Highway Trust Fund and the Leaking Underground Storage Tank Trust Fund for tax receipts lost during the suspension period. Directs the Secretary of the Interior, acting through the Bureau of Land Management (BLM), to: (1) establish an oil and gas leasing program in the Coastal Plain, defined as the Arctic National Wildlife Refuge (ANWR) 102 Coastal Plain Area; and (2) conduct two lease sales before October 1, 2010.

To amend the Internal Revenue Code of 1986 to repeal the increase in the age of minor children whose unearned income is taxed as if parent's income.

United States · United States Congress · 23 May 2006

Amends the Internal Revenue Code to return to 14 the age until which the passive income of children is taxed at their parents' marginal income tax rates (the age limit had been increased to 18 by the Tax Increase Prevention and Reconciliation Act of 2005).

To amend the Internal Revenue Code of 1986 to extend the excise tax credits for certain liquid fuel derived from coal.

United States · United States Congress · 23 May 2006

Amends the Internal Revenue Code to extend through 2020 excise tax credits and refunds for liquid fuels and mixtures derived from coal (including peat) through the Fischer-Tropsch process.

Providing for consideration of the bill (H.R. 5427) making appropriations for energy and water development for the fiscal year ending September 30, 2007, and for other purposes.

United States · United States Congress · 23 May 2006

Sets forth the rule for consideration of the bill (H.R. 5427) making appropriations for energy and water development for the fiscal year ending September 30, 2007.

Providing for consideration of the bill (H.R. 5384) making appropriations for Agriculture, Rural Development, Food and Drug Administration, and Related Agencies for the fiscal year ending September 30, 2007, and for other purposes.

United States · United States Congress · 22 May 2006

Sets forth the rule for consideration of the bill (H.R. 5384) making appropriations for Agriculture, Rural Development, Food and Drug Administration, and Related Agencies for the fiscal year ending September 30, 2007.

DEPARTMENTS OF LABOR, HEALTH AND HUMAN SERVICES, EDUCATION, AND RELATED AGENCIES APPROPRIATIONS FOR FISCAL YEAR 2007

United States · United States Senate · 19 May 2006

A bill to facilitate and expedite direct refunds to coal producers and exporters of the excise tax unconstitutionally imposed on coal exported from the United States.

United States · United States Congress · 19 May 2006

Directs the Secretary of the Treasury to refund a portion of the excise tax paid by certain coal producers on coal exported to a foreign country or shipped to a U.S. possession after October 1, 1990.

Small Business Efficiency Act of 2006

United States · United States Congress · 19 May 2006

Small Business Efficiency Act of 2006 - Amends the Internal Revenue Code to treat professional employer organizations (PEOs), certified by the Internal Revenue Service (IRS), as employers for employment tax purposes (thus allowing such PEOs to pay wages and collect and remit payroll taxes on behalf of an employer). Sets forth IRS certification requirements for PEOs, including financial review and reporting requirements. Requires a PEO to post a bond (the greater of $50,000 or 5% of the organization's tax liability for the preceding calendar year not to exceed $1,000,000) to guarantee payment of employment taxes.

To amend the Internal Revenue Code of 1986 to restore the estate tax and repeal the carryover basis rule, to increase the estate and gift tax unified credit to an exclusion equivalent of $5,000,000, and to reduce the rate of the estate and gifts taxes to the generally applicable capital gains income tax rate.

United States · United States Congress · 18 May 2006

Repeals provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 which eliminated the estate and generation skipping transfer tax and carryover basis rules for estates. Reduces the estate tax rate to the lower of 15% or the capital gains income tax rate generally applicable to individual taxpayers. Reduces the gift tax rate to 15%. Establishes a single estate and gift tax unified credit amount of $5 million.

Preserve Historic America Act of 2006

United States · United States Congress · 18 May 2006

Preserve Historic America Act of 2006 - Amends the Internal Revenue Code to modify the tax credit for rehabilitation of older and historic buildings by: (1) increasing from 20 to 25% the tax credit rate for certified historic structure rehabilitation expenditures; (2) permitting a building at least 50 years old to qualify for the rehabilitation tax credit (currently, a building must have been placed in service before 1936); (3) permitting qualified rehabilitated buildings to be used for lodging purposes; (4) limiting to 50% the basis reduction for buildings qualifying for the low-income housing and rehabilitation tax credits; (5) allowing an increased rehabilitation tax credit for certain buildings in difficult development areas or which qualify as small rehabilitation projects; (6) exempting tax credits for rehabilitation of certified historic structures from the calculation of the passive activity credit; and (7) permitting the assignment of rehabilitation tax credits. Allows a new tax credit for 20% of the cost of rehabilitating a qualified historic home. Defines "qualified historic home" as a certified historic structure which has been substantially rehabilitated and which is owned by the taxpayer and is or will be used as the taxpayer's principal residence.

To amend the Internet Tax Freedom Act to make permanent the moratorium on taxes on internet access and on multiple and discriminatory taxes on electronic commerce.

United States · United States Congress · 18 May 2006

Amends the Internet Tax Freedom Act to make permanent the ban on state taxation of Internet access and on multiple or discriminatory taxes on electronic commerce. Allows states which imposed and enforced certain taxes on Internet access prior to October 1, 1998, to retain such taxes if they enact statutes prior to November 1, 2007, (November 1, 2006, in the case of a telecommunications service tax) expressly providing for the continued application of such taxes to Internet access.

Providing for consideration of the bill (H.R. 5385) making appropriations for the military quality of life functions of the Department of Defense, military construction, the Department of Veterans Affairs, and related agencies for the fiscal year ending September 30, 2007, and for other purposes.

United States · United States Congress · 18 May 2006

Sets forth the rule for consideration of the bill (H.R. 5385) making appropriations for the military quality of life functions of the Department of Defense, military construction, the Department of Veterans Affairs, and related agencies for the fiscal year ending September 30, 2007.

DEPARTMENT OF DEFENSE APPROPRIATIONS FOR FISCAL YEAR 2007

United States · United States Senate · 17 May 2006

Withholding Tax Relief Act of 2006

United States · United States Congress · 17 May 2006

Withholding Tax Relief Act of 2006 - Repeals provisions of the Tax Increase Prevention and Reconciliation Act of 2005 requiring federal, state, and local governmental entities to withhold 3% of payments due to vendors providing goods and services to such entities.

A bill to amend the Internal Revenue Code of 1986 to extend and expand relief from the alternative minimum tax and to repeal the extension of the lower rates for capital gains and dividends for 2009 and 2010.

United States · United States Congress · 17 May 2006

Amends the Internal Revenue Code to: (1) increase the exemption from the alternative minimum tax for individual taxpayers in 2007; and (2) extend through 2007 the allowance of certain nonrefundable tax credits against alternative minimum tax liability. Repeals provisions of the Tax Increase Prevention and Reconciliation Act of 2005 which extend reductions in capital gains and dividend tax rates through 2010.

Clean EDGE Act of 2006

United States · United States Congress · 17 May 2006

Clean Energy Development for a Growing Economy Act of 2006, or the Clean EDGE Act of 2006 - Instructs the President to develop measures to reduce U.S. dependence on foreign petroleum imports by reducing petroleum in end-uses. Amends the Internal Revenue Code to modify or create specified alternative fuel, vehicle, and energy tax credits. Amends the Consolidated Farm and Rural Development Act to direct the Secretary of Agriculture to establish a low-interest loan program for farmer-owned retail delivery of alternative fuels. Amends the Clean Air Act to authorize the President to promulgate rules to increase renewable fuel content of motor fuels and clean energy sources. Directs the Secretary of Transportation to develop Transit-Oriented Development Corridors. Declares that it is unlawful to sell crude oil, gasoline, or petroleum distillates at a price exceeding certain standards. Amends the Clayton Act to declare unlawful for any person to refuse to engage in certain regular petroleum or natural gas marketing practices with the primary intention of increasing prices or creating a market shortage. Oil and Gas Traders Oversight Act of 2006 - Amends the Commodity Exchange Act to instruct the Commodities Futures Trading Commission to promulgate rules governing reporting and recordkeeping for positions involving energy commodities. Amends the Food Stamp Act of 1977 and the United States Housing Act of 1937 regarding utility costs. Amends the Small Business Act and the Consolidated Farm and Rural Development Act to authorize the Administrator of the Small Business Administration and the Secretary of Agriculture, respectively, to make loans to small business concerns injured by significant increases in gas and heating oil prices. Prescribes specified measures to realize improved vehicle fuel economy. Amends the Public Utility Regulatory Policies Act of 1978, the Energy Policy Act of 1992, and the Energy Policy Act of 2005 with respect to federal agency purchases of renewable energy products. Establishes the Clean Energy Security Collaborative. Instructs the Secretary of Transportation to establish the National Motor Vehicle Efficiency Improvement Program. Amends the Global Environmental Protection Assistance Act of 1989 to direct the President to establish a Task Force on International Clean Energy Cooperation. Establishes the Interagency Center in the Office of International Energy Market Development of the Department of Energy. Provides for clean energy assistance to developing countries. Instructs the Secretary of Energy to establish the Office of Advanced Energy Research, Technology Development, and Deployment. Prescribes guidelines for a near-term vehicle technology program. H-Prize Act of 2006 - Directs the Secretary of Energy to award competitive cash prizes biennially to advance hydrogen energy technologies. Expresses the sense of Congress that no tax should be imposed on hydrogen fuel before January 1, 2014. Authorizes the Secretary of Education to award grants to postsecondary educational institutions to train 10,000 individuals in green building and zero-energy home design and construction. Establishes the Clean Energy Investment Administration (CEIA). Amends the Energy Policy and Conservation Act to direct Secretary of Energy to establish a Strategic Gasoline and Fuel Reserve. Establishes the Strategic Gasoline and Fuel Reserve Fund. Amends the Internal Revenue Code to eliminate certain tax incentives for major integrated oil companies. Amends the Energy Policy Act of 2005 to repeal certain oil and gas royalty provisions.

No Taxation Without Representation Act of 2006

United States · United States Congress · 17 May 2006

No Taxation Without Representation Act of 2006 - Treats the District of Columbia as a state for purposes of representation in the House of Representatives and Senate. Prescribes a procedure for the first elections under this Act. Entitles the District to one Representative until the taking effect of the next reapportionment. Increases the permanent membership of the House by one seat for future reapportionment of Representatives. Entitles the District, upon reapportionment, to as many seats in the House as a similarly populous state would be entitled to under the law. Amends the District of Columbia Election Code of 1955 to provide for elections for House Members and Senators from the District in lieu of a Delegate. Repeals provisions of the: (1) District of Columbia Delegate Act establishing the office of District of Columbia Delegate to the House; and (2) District of Columbia Statehood Constitution Convention Initiative of 1979 providing for electing a Senator and Representative for the District.

Deductibility and Incentives to Promote Learning Opportunities and Maximize Assistance (DIPLOMA) Act of 2006

United States · United States Congress · 17 May 2006

Deductibility and Incentives to Promote Learning Opportunities and Maximize Assistance (DIPLOMA) Act of 2006 - Amends the Internal Revenue Code to: (1) allow an unlimited tax deduction for qualified tuition and related expenses for taxpayers whose adjusted gross incomes do not exceed $80,000 ($160,000 for joint returns); (2) extend such deduction through 2010; (3) allow a tax deduction for principal amounts paid on education loans for the first 60 months of such loans; (4) replace the Hope Scholarship tax credit with an earned tuition tax credit for the first $1,500 of qualified tuition and related expenses (50% of expenses over $1,500 up to $4,000) for four years of postsecondary education; and (5) make the tax credit for earned tuition and lifetime learning expenses refundable.

Providing for consideration of the bill (H.R. 5386) making appropriations for the Department of the Interior, environment, and related agencies for the fiscal year ending September 30, 2007, and for other purposes.

United States · United States Congress · 17 May 2006

Sets forth the rule for consideration of the bill (H.R. 5386) making appropriations for the Department of the Interior, environment, and related agencies for the fiscal year ending September 30, 2007.

Providing for further consideration of the concurrent resolution (H. Con. Res. 376) establishing the congressional budget for the United States Government for fiscal year 2007 and setting forth appropriate budgetary levels for fiscal years 2008 through 2011.

United States · United States Congress · 17 May 2006

Sets forth the rule for further consideration of H.Con.Res. 376 (establishing the congressional budget for the federal government for FY2007 and setting forth appropriate budgetary levels for FY2008-FY2011).

Biofuels Security Tax Act of 2006

United States · United States Congress · 16 May 2006

Biofuels Security Tax Act of 2006 - Amends the Internal Revenue Code to allow until 2017 a tax credit for flexible fuel vehicles. Defines "flexible fuel vehicle" as a motor vehicle which can operate on both gasoline and a blend of 85% ethanol and which is certified as having the same or better fuel economy rating when operating on 85% ethanol or on gasoline only. Extends until 2017 the tax credit for alternative fuel vehicle refueling property (service stations for dispensing alternative motor fuels to retail consumers). Increases the rate of such credit to 50% for all taxpayers and to 75% for taxpayers who place in service not more than five such refueling properties. Denies such credit to major oil companies (companies having at least 4,500 retail service stations).

A bill to repeal the fossil fuel energy tax incentives contained in the Energy Policy Act of 2005.

United States · United States Congress · 11 May 2006

Amends the Energy Policy Act of 2005 to repeal energy tax incentives for producing fossil fuels.

Rural Physicians Relief Act of 2006

United States · United States Congress · 11 May 2006

Rural Physicians Relief Act of 2006 - Amends the Internal Revenue Code to allow certain primary health services providers (i.e., physicians and licensed mental health care practitioners) a tax credit of $1,000 for each month such providers provide medical care to rural patients in certain sparsely populated areas of the United States.

Bioenergy Innovation, Optional Fuel Utilization, and Energy Legacy (BIOFUEL) Act of 2006

United States · United States Congress · 11 May 2006

Bioenergy Innovation, Optional Fuel Utilization, and Energy Legacy (BIOFUEL) Act of 2006 - Amends the Clean Air Act to revise the schedule for the volume of renewable fuels, the volume for cellulosic biomass, and the volume of biodiesel. Amends federal transportation law to require manufacturers of new dual fueled automobiles to ensure that the percentage of the total of such automobiles, manufactured and distributed in commerce for sale in the United States, meets prescribed percentages for specified model years. Directs the Secretary of Energy to require motor fuel retailers in each geographic region the Secretary establishes, when flexible-fuel vehicle market penetrations reach a certain level, to install an E-85 fuel pump or pumps at their retail fuel facilities. Establishes in the Treasury a Alternative Fuel Infrastructure Fund to implement a related grant program. Directs the Secretary of Agriculture to establish a renewable energy strategic feedstock reserve program to purchase and store agricultural commodities with their producers. Amends the Farm Security and Rural Investment Act of 2002 to: (1) redefine bioenergy as ethanol derived from cellulosic feedstocks; and (2) reauthorize the Department of Agriculture bioenergy program. Amends the Consolidated Farm and Rural Development Act to authorize the Secretary of Agriculture to make loans to enable eligible farmers, ranchers, and certain domestic entities controlled by them to create or expand facilities designed to convert agricultural commodities into fuel. Prohibits the Secretary from requiring a lender to obtain an unsubordinated interest in a borrower's farming or ranching operation as a prerequisite to a federal loan guarantee. Amends the Farm Credit Act of 1971 to declare eligible for credit assistance certain associations of farmers, producers, or harvesters of aquatic products engaged in commercial activities related to renewable energy products. Instructs the Secretary of Energy to establish a research and development program related to: (1) ethanol production; (2) extraction of energy from biological sources; (3) biomass gasification; and (4) new vehicle efficiency technologies. Instructs the Secretary of Energy to establish a biofuels production facility grant program. Expresses the sense of Congress that Congress should enact policies that: (1) reduce greenhouse gas emissions; and (2) encourage systems that compensate American agricultural producers for the beneficial role that they play in reducing greenhouse gases and sequestering carbon from the atmosphere. Amends the Internal Revenue Code to: (1) extend tax credits for ethanol and biodiesel; (2) increase tax credits for refueling property for ethanol and biodiesel; and (3) increase the small ethanol producer credit. Revises requirements for infrastructure bonds for facilities producing motor vehicle fuel from biomass.

Corporate Welfare Reduction and Job Preservation Act of 2006

United States · United States Congress · 11 May 2006

Corporate Welfare Reduction and Job Preservation Act of 2006 - Amends the Internal Revenue Code to require a 50% reduction in tax benefits for certain large profitable corporations that reduce their employee workforce by 15% or more. Defines "large profitable corporation" as a corporation or partnership that is not defined as a small business concern under the Small Business Act and which has a taxable income that exceeds net operating losses during a specified five-year period. Amends the Foreign Assistance Act of 1961 and the Export-Import Act of 1945 to require large profitable corporations (as defined by this Act) that reduce their employee workforce by 15% or more to immediately repay loans and forfeit insurance benefits and credit lines provided by such Acts.

New Homestead Act of 2006

United States · United States Congress · 11 May 2006

New Homestead Act of 2006 - Directs the Secretary of Education to repay a specified percentage (up to $2,000 per year) of certain education loans to an individual who completes a degree and both resides and is employed for at least five years in an area outside a metropolitan statistical area which for 20 years has a net out-migration of inhabitants of at least 10% of the county population (qualifying county). Amends the Internal Revenue Code to allow a: (1) tax credit for the lesser of $5,000 or 10% of the purchase price of a principal residence in a qualifying county; and (2) capital loss deduction with respect to a sale or exchange of a principal residence in a qualifying county. Provides for the creation of tax-exempt individual homestead accounts, funded by individual cash contributions and matching Federal contributions according to a specified formula, whose tax-free distributions after five years are used by residents of qualifying counties for qualified higher education or medical expenses, first-time homebuyer or business capitalization costs, or rollovers. Establishes a rural investment tax credit of 70% of the present value of new buildings (including rehabilitation projects) or 30% of the present value of existing buildings. Establishes a qualified rural small business investment credit of 30% of expenditures for starting or expanding a business, including costs for capital, plant and equipment, inventory expenses, and wages, but not including interest costs. Provides for accelerated depreciation of business property in rural investment projects. New Homestead Venture Capital Fund Act - Amends the Consolidated Farm and Rural Development Act to establish the New Homestead Venture Capital Fund (Fund), owned by private investors, to generate and provide equity capital to rural businesses in qualifying counties. Directs the Secretary of Agriculture to provide funding and guarantees for private investors in the Fund.

To amend the Internal Revenue Code of 1986 to provide for small business tax incentives, to amend the Fair Labor Standards Act of 1938 to increase the minimum wage and to increase the exemption for annual gross volume of sales made or business done by an enterprise, and for other purposes.

United States · United States Congress · 11 May 2006

Amends the Internal Revenue Code to make permanent the increased expensing allowance ($100,000) for depreciable business property. Increases to $500,000 the income threshold for reducing the expensing allowance and makes such threshold amount permanent. Provides for an inflation adjustment to the allowance and the threshold. Allows a tax credit against alternative minimum tax liability for the work opportunity tax credit, the welfare to work tax credit, and the tax credit for increasing research activities. Provides for a minimum standard tax deduction of $2,500 for expenses for the business use of a home. Amends the Fair Labor Standards Act of 1938 to: (1) exempt from minimum wage requirements employers with less than ten employees; (2) increase the minimum wage to $ $6.00 beginning October 1, 2006, $6.50 beginning October 1, 2007, $7.00 beginning October 1, 2008, and $7.50 beginning October 1, 2009; and (3) phase in an increase in the gross volume of sales amount applicable to the small business exemption from minimum wage requirements. Amends title XVI (Supplemental Security Income) of the Social Security Act to exclude from income determinations under the supplemental security income programs minimum wage income that exceeds certain earned income.

New Options Petroleum Energy Conservation Act of 2006

United States · United States Congress · 11 May 2006

New Options Petroleum Energy Conservation Act of 2006 - Amends the Internal Revenue Code to include any climate neutral combustion resource as a qualified energy resource for purposes of the tax credit for producing electricity from renewable sources. Defines "climate neutral combustion resource" as any facility which: (1) captures and uses carbon dioxide released during combustion to recover hydrocarbon fuel; (2) produces no emissions of mercury or greenhouse gases and no emissions that form fine particles, smog, or acid rain; and (3) is owned by the taxpayer and is placed in service after 2006. Extends through 2011 the tax credits for investment in solar energy property and for residential energy efficient property. Directs the Secretary of Energy to establish a program to award $1 billion to the first U.S. automobile manufacturer who manufactures and sells in the United States 60,000 midsized sedans which operate on gasoline and can travel at 100 miles per gallon. Authorizes appropriations for the development of advanced lithium ion battery technology. Allows a taxpayer election to expense biofuel refining property

Ban it All, Ban it Now Act

United States · United States Congress · 11 May 2006

Ban it All, Ban it Now Act - Amends the Federal Election Campaign Act of 1971 with respect to the ban on the use of soft money by political parties and candidates. Applies the ban to all activities of a national committee of a political party and its officers and agents, including the construction or purchase of an office building of facility, the influencing of a state's reapportionment decisions, and the financing of litigation relating to such reapportionment decisions. Reduces from $20,000 to $10,000 the maximum amount of donations by an individual to a tax-exempt organization for voter registration and get-out-the-vote activities. Subjects to the limitations, prohibitions, and reporting requirements of such Act the use of soft money: (1) by corporations and labor organizations for nonpartisan voter registration and get-out-the vote activities; (2) by certain tax-exempt or 527 political organizations for get-out-the-vote activities; and (3) for any partisan voter registration activities.

Volunteer Firefighter Recruitment and Retention Act of 2006

United States · United States Congress · 11 May 2006

Volunteer Firefighter Recruitment and Retention Act of 2006 - Amends the Internal Revenue Code to allow volunteer firefighters with eight or more years of service a $1,500 tax credit ($1,000 for three or more years).