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451 records in US in 2006
United States · United States Congress · 27 April 2006
Gasoline Tax Relief Act of 2006 - Amends the Internal Revenue Code to suspend excise taxes on diesel and other highway motor fuels during specified periods when weekly retail gasoline prices as published by the Department of Energy exceed $2.75 per gallon.
United States · United States Congress · 27 April 2006
Tax and Education Assistance for Children (TEACH) Act of 2006 - Amends the Internal Revenue Code of 1986 to establish a tax credit for the tuition paid by taxpayers to send their dependents to private or religious elementary or secondary schools. Sets the annual credit limit at $4,500 for single individuals and taxpayers filing a joint return, and $2,250 for a married individual filing a separate return.
United States · United States Congress · 27 April 2006
Small Business Paperwork Amnesty Act of 2006 - Amends the Paperwork Reduction Act to direct agency heads not to impose civil fines for first-time paperwork violations by small business concerns unless there is potential for serious harm to the public interest, the detection of criminal activity would be impaired, the violation is not corrected within six months, the violation is a violation of internal revenue law or a law concerning the assessment or collection of any tax, debt, revenue, or receipt, or the violation presents a danger to the public health or safety. Permits an agency to determine that a fine should not be imposed for a violation that presents a danger to public health or safety if the violation is corrected within 24 hours after receipt by the small business owner of notification of the violation in writing. Makes this Act inapplicable to any violation by a small business of a requirement regarding the collection of information by an agency if the small business previously violated any requirement concerning the collection of information by that agency.
United States · United States Congress · 27 April 2006
Energy Fairness Act of 2006 - Repeals provisions of the Energy Policy Act of 2005 relating to: (1) the tax credit for producing coke or coke gas from nonconventional sources; (2) expensing of crude oil refining property; (3) the pass through of tax deductions for certain compliance costs of small refiner cooperatives; (4) accelerated depreciation of natural gas distribution and gathering lines; (5) arbitrage exemptions for prepayments for natural gas; (6) the exemption from oil depletion limitations for certain small crude oil refiners; and (7) amortization of geological and geophysical expenditures.
United States · United States Congress · 27 April 2006
Alternative Vehicle Incentive Act of 2006 - Amends the Internal Revenue Code to increase by $5,000 the tax credit for fuel cell, advanced lean burn technology, hybrid, and alternative fuel motor vehicles which are assembled in the United States. Repeals limitations on the number of hybrid and advanced lean burn technology motor vehicles eligible for the tax credit.
United States · United States Congress · 27 April 2006
No Taxation Without Representation Amendment - Constitutional Amendment - Denies the Supreme Court and any inferior court of the United States the power to instruct a state or local government or official: (1) to levy or increase taxes; or (2) on how to spend, allocate, or budget fiscal resources.
United States · United States Senate · 26 April 2006
United States · United States Senate · 26 April 2006
United States · United States Senate · 26 April 2006
United States · United States Congress · 26 April 2006
Small Business Paperwork Amnesty Act of 2006 - Amends the Paperwork Reduction Act to direct agency heads not to impose civil fines for first-time paperwork violations by small business concerns unless there is potential for serious harm to the public interest, the detection of criminal activity would be impaired, the violation is not corrected within six months, the violation is a violation of internal revenue law or a law concerning the assessment or collection of any tax, debt, revenue, or receipt, or the violation presents a danger to the public health or safety. Permits an agency to determine that a fine should not be imposed for a violation that presents a danger to public health or safety if the violation is corrected within 24 hours after receipt by the small business owner of notification of the violation. Makes this Act inapplicable to any violation by a small business of a requirement regarding the collection of information by an agency if the small business previously violated any requirement concerning the collection of information by that agency.
United States · United States Congress · 26 April 2006
Senior Citizen's Improved Quality of Life Act - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act (SSA) to require the Managing Trustee of the Board of Trustees of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund (Social Security trust funds) to ensure that the annual surplus of the Social Security Trust Funds is invested in: (1) marketable interest-bearing obligations of the United States or obligations guaranteed by the United States; or (2) certificates of deposit in insured depository institutions. Prescribes a formula for determining the annual surplus of the Trust Funds. Prohibits any delay in making normal deposits in such Trust Funds, any refraining from making such investments to avoid increasing the public debt, or any disinvestment of Trust Fund amounts invested in public debt obligations to reduce the public debt. Requires the sale of Trust Fund public debt obligations, despite the public debt limit, for the payment of cash benefits and administrative expenses in certain circumstances. Prohibits the crediting for OASDI coverage of any wages earned, and self-employment income derived, by individuals during any time they were not U.S. citizens or nationals. Revises the President's authority to enter into agreements establishing totalization arrangements between the U.S. Social Security System and the social security system of any foreign country. Extends such authority to arrangements to resolve entitlement and participation questions about the respective systems, taking into account the limitation placed by this Act on the crediting of wages and self-employment. Amends SSA title XVIII (Medicare) to repeal the physician or practitioner affidavit requirements for private, non-reimbursement contracts with Medicare beneficiaries. Declares that no persons otherwise eligible for old-age benefits under Social Security shall be denied such benefits because of their voluntary refusal to participate in any part of the Medicare program. Amends the Internal Revenue Code to: (1) repeal the inclusion in gross income of Social Security benefits; and (2) allow a nonrefundable tax credit for 80% of the amount paid for a prescribed drug (not compensated for by insurance or otherwise) by a taxpayer who has attained Social Security retirement age. Amends the Federal Food, Drug, and Cosmetic Act (FFDCA) to repeal certain requirements relating to the importation of prescription drugs. Allows a person who meets applicable legal requirements to be an importer, with an approved import application, to import a prescription drug. Requires the Secretary to approve such an application if the drug meets all FFDCA requirements for admission into the United States, including approval by the Food and Drug Administration (FDA), and absence of adulteration or misbranding. Prohibits the Secretary from taking any action against any of the persons involved with the interstate sale of a prescription drug through an Internet site if: (1) the sale was made in compliance with applicable federal and state laws; and (2) accurate information regarding compliance with such laws is posted on the website.
United States · United States Congress · 26 April 2006
Requires the Secretary of Commerce to develop and implement a coordinated research and recovery program for Klamath River Fall Chinook salmon and Klamath River Fall Coho salmon. Provides emergency disaster assistance to fishing communities, Indian tribes, businesses, holders of community development quotas, individuals, and other entities to mitigate economic losses caused by declining Klamath River Fall Chinook salmon. Excludes, for purposes of income taxation, such assistance from the gross income of an individual or entity.
United States · United States Congress · 26 April 2006
Transportation Empowerment Act - Authorizes appropriations, for FY2010-FY2014, out of the Highway Trust Fund (HTF) for the interstate maintenance program, emergency relief, interstate bridge program, the Federal lands highways program, highway safety programs, surface transportation research, and certain administrative expenses. Authorizes a state, upon determining that excess funds have been made available, to transfer the excess funds to, and use such funds for, any surface transportation purpose (including mass transit and rail) in the state. Revises requirements regarding state apportionments under the interstate maintenance component for resurfacing, restoring, rehabilitating, and reconstructing the Interstate System. Prohibits restricting a State's ability, as part of any highway improvement project, to: (1) impose and collect a toll on any highway in the State that is part of the Interstate System; (2) use revenue from such a toll for any purpose that the State determines to be appropriate; or (3) have toll revenue credited toward a non-federal cost share required for receipt of federal funds. Amends the Internal Revenue Code (IRC) to: (1) extend, for five years, the availability of HTF funds for certain authorized expenditures; (2) set a core programs financing rate for gasoline, special motor fuels, kerosene, and diesel fuel; (3) establish in the HTF an Infrastructure Special Assistance Fund; and (4) provide for the return of excess tax receipts to states for transportation purposes. Grants consent to states to enter into interstate compacts to establish infrastructure banks to promote investment in the construction of surface transportation projects. Amends the IRC to reduce taxes on gasoline, diesel fuel, kerosene, and special fuels funding the HTF.
United States · United States Congress · 26 April 2006
Independence from Oil with Agriculture Act of 2006 - Amends the Internal Revenue Code to delete provisions that terminate tax credits after a certain time (thus extending such credits) for: (1) alcohol fuels; (2) biodiesel fuels; (3) alcohol fuel mixtures; (4) biodiesel mixtures; (5) electricity produced from wind and open-loop or close-loop biomass facilities; and (6) alternative fuel vehicle refueling property. Amends the Clean Air Act to: (1) increase the applicable volume of renewable fuel for calendar years 2008-2012 that must be part of gasoline in the United States (except in noncontiguous states or territories); and (2) increase the number of gallons of renewable fuel in the calculation used to determine the required volume of renewable fuel in gasoline for calendar years 2013 and thereafter.
United States · United States Congress · 26 April 2006
Access to Capital for Entrepreneurs Act of 2006 - Amends the Internal Revenue Code to allow certain investors a business tax credit for 25% of equity investments made in small businesses, up to an annual limit of $500,000. Terminates such credit after 2011.
United States · United States Congress · 26 April 2006
Professional Educators Tax Relief Act of 2006 - Amends the Internal Revenue Code to allow a tax credit of up to $1,000 for certain full-time kindergarten through grade 12 (K-12) teachers or other school employees involved in the formulation or implementation of K-12 academic programs. Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to eliminate the 60-month period of employment requirement for application of the government pension offset exemption.
United States · United States Congress · 26 April 2006
Gasoline Price Relief Act of 2006 - Amends the Internal Revenue Code to allow individual taxpayers who own a highway vehicle fueled in whole or in part by gasoline or diesel fuel a nonrefundable income tax credit of $500 ($1,000 if filing jointly) in 2006.
United States · United States Congress · 26 April 2006
Securing America's Energy Independence Act of 2006 - Amends the Internal Revenue Code to extend through 2015: (1) the investment tax credit for solar energy property and qualified fuel cell property; and (2) the tax credit for residential photovoltaic, solar water heating, and fuel cell property expenditures. Modifies the maximum amounts for such residential credits based upon kilowatt of capacity. Allows such credits to be taken against the alternative minimum tax.
United States · United States Congress · 25 April 2006
Child Care Lending Pilot Act of 2006 - Amends the Small Business Investment Act of 1958 to allow proceeds of loans made through the Small Business Administration (SBA) to be used by certified local development companies to assist a small, nonprofit child care business (business) if: (1) the loan is used for a sound business purpose approved by the SBA; (2) each business meets eligibility requirements applicable to for-profit businesses; (3) one or more individuals has personally guaranteed the loan; (4) each business has clear title to the collateral for the loan; and (5) each business has sufficient cash flow to meet loan obligations and reasonable operating expenses. Prohibits more than seven percent of the total number of loans guaranteed in any fiscal year for certified development companies from being awarded under such program. Allows such assistance through FY2009.
United States · United States Congress · 25 April 2006
Oil Company Accountability Act - Amends the Internal Revenue Code to: (1) grant individual taxpayers with adjusted gross incomes of not more than $120,000 a $500 tax rebate in 2006; (2) require large integrated oil companies to make certain adjustments to the value of their LIFO inventories of crude oil, natural gas, or other petroleum products; and (3) deny a foreign tax credit to large integrated oil companies designated as dual capacity taxpayers for amounts paid to a foreign country which does not have a generally applicable income tax and from which such oil companies receive an economic benefit. Defines "large integrated oil companies" as companies with annual gross receipts in excess of $1 billion and average daily worldwide crude oil production of at least 500,000 barrels.
United States · United States Congress · 25 April 2006
Amends the John F. Kennedy Center Act to authorize additional appropriations for FY2007 to the Board of Trustees of the John F. Kennedy Center for the Performing Arts for: (1) maintenance, repair, and security; and (2) capital projects.
United States · United States Congress · 25 April 2006
Ethanol Tax Relief Act of 2006 - Amends the Harmonized Tariff Schedule of the United States to suspend the duty on ethanol.
United States · United States Congress · 25 April 2006
IRS Refund Accessibility Act of 2006 - Amends the Internal Revenue Code to authorize the Secretary of the Treasury to use any means of mass communication to disclose taxpayer identity information for purposes of notifying persons entitled to tax refunds.
United States · United States Congress · 25 April 2006
District of Columbia Tax Incentives Improvement Act of 2006 - Amends the Internal Revenue Code to establish until December 31, 2009, a DC Development Target Area and a DC Employment Target Area as empowerment zones to provide tax incentives for investment and economic development in the District of Columbia. Reinstates with modified provisions the exclusion from gross income of all gain from the sale or exchanges of an expanded DC Zone asset held for more than five years. Includes as an expanded DC Zone asset certain business stock, partnership interests, and business property purchased or acquired in a District of Columbia enterprise zone after December 31, 1997, and before January 1, 2010. Increases the amount of the tax credit for first-time District of Columbia homebuyers to $10,000 and extends such credit through 2009.
United States · United States Congress · 25 April 2006
Amends the Internal Revenue Code to allow bonds guaranteed by the federal home loan banks to be treated as tax-exempt state or local bonds (thus excluding interest on such bonds from gross income).
United States · United States Congress · 25 April 2006
Fair Flat Tax Act of 2006 - Amends the Internal Revenue Code to revise the individual income tax system by: (1) reducing the number of individual income tax brackets to three (15, 25 & 35%); (2) repealing after 2005 the tax rate reductions for capital gains and dividend income; (3) repealing various tax credits, deductions, exclusions and preferences; (4) increasing the basic standard tax deduction; (5) allowing families with dependent children a standard tax credit amount based on family size or modified adjusted gross income; (6) allowing a tax credit for higher education expenses; (7) allowing non-itemizing taxpayers a tax deduction for home mortgage interest and for contributions to tax-exempt universal pension accounts; (8) allowing certain small employers a tax credit for costs associated with universal pension accounts; and (9) repealing the alternative minimum tax for individual taxpayers. Imposes a flat tax of 35% on corporate taxable income. Limits tax write-offs for use of corporate aircraft and employee personal use of noncommercial aircraft. Requires governmental agencies to withhold 3% of payments made for goods and services. Imposes penalties for promoting abusive tax shelters and for aiding and abetting the understatement of tax liability. Increases tax penalties for fraud and failure to file tax returns. Defines "economic substance" for purposes of evaluating tax shelter transactions. Eliminates amortization of geological and geophysical expenditures for integrated oil companies. Requires such oil companies to adjust the value of LIFO inventories of crude oil, natural gas, and other petroleum products. Requires an inflation adjustment to the excise tax on distilled spirits, beer, wine, and tobacco. Terminates this Act after 2010.
United States · United States Congress · 25 April 2006
Sets forth the rule for consideration of H.R. 5020 (Intelligence Authorization Act for Fiscal Year 2007).
United States · United States Congress · 24 April 2006
Bicycle Commuters Benefits Act of 2006 - Amends the Internal Revenue Code to include a bicycle commuting allowance as a qualified transportation fringe benefit, excludable from gross income.
United States · United States Congress · 7 April 2006
Alternative Energy Refueling System Act of 2006 - Amends the Solid Waste Disposal Act to require the Administrator of the Environmental Protection Agency (EPA) to establish a program to provide eligible entities (refueling vendors or owners or operators of a facility where an alternative energy refueling system is located) reimbursement from the Leaking Underground Storage Tank Trust Fund for a portion of the costs of purchasing and installing one or more alternative energy refueling systems (systems used to refuel motor vehicles with an alternative fuel such as compressed natural gas or E-85 ethanol). Prohibits an entity that receives a federal tax credit for placing in service a qualified alternative fuel vehicle refueling property from receiving reimbursement under this Act if the system cost was taken into consideration in calculating the tax credit. Limits reimbursement to: (1) two systems for each facility owned by an eligible entity; and (2) the lesser of 30% of a system's cost or $30,000.
United States · United States Congress · 7 April 2006
Alternative Energy Refueling System Act - Amends the Solid Waste Disposal Act to require the Administrator of the Environmental Protection Agency (EPA) to establish a program to provide eligible entities (refueling vendors or owners or operators of a facility where an alternative energy refueling system is located) reimbursement from the Leaking Underground Storage Tank Trust Fund for a portion of the costs of purchasing and installing one or more alternative energy refueling systems (systems used to refuel motor vehicles with an alternative fuel such as compressed natural gas or E-85 ethanol). Prohibits an entity that receives a federal tax credit for placing in service a qualified alternative fuel vehicle refueling property from receiving reimbursement under this Act if the system cost was taken into consideration in calculating the tax credit. Limits reimbursement to: (1) two systems for each facility owned by an eligible entity; and (2) the lesser of 30% of a system's cost or $30,000.
United States · United States Congress · 7 April 2006
Small Business Health Education and Awareness Act of 2006 - Directs the Administrator of the Small Business Administration (SBA) to establish a four-year pilot program to make grants to small business development centers to provide information and educational materials regarding health insurance options to small businesses. Allows the Administrator to select up to 20 centers to receive such grants. Sets the maximum individual grant limit at $300,000 per fiscal year.
United States · United States Congress · 7 April 2006
Includes all of Aroostook County, Maine, within the Aroostook County Empowerment Zone (for Department of Agriculture empowerment zone purposes).
United States · United States House of Representatives · 6 April 2006
United States · United States House of Representatives · 6 April 2006
United States · United States Senate · 6 April 2006
United States · United States Senate · 6 April 2006
United States · United States Senate · 6 April 2006
United States · United States Congress · 6 April 2006
Federal Funding Accountability and Transparency Act of 2006 - Directs the Office of Management and Budget (OMB) to ensure the existence and operation of a single updated searchable database website accessible by the public at no cost, that includes for each entity receiving federal funding: (1) the amount of federal funds received in each of the last 10 fiscal years; (2) an itemized breakdown of each transaction; (3) the entity's location and primary location of performance; and (4) a unique identifier for the entity and its parent entity.
United States · United States Congress · 6 April 2006
Breaking Our Long-Term Dependence Energy Act of 2006 or the BOLD Energy Act of 2006 - Directs the Secretary of Transportation to establish: (1) a rebate program for reducing fuel consumption levels; and (2) a National Tire Efficiency Program. Requires motor vehicle manufacturers to equip 30% of their 2011 models and 100% of all 2017 models with alternative fuel technology. Amends the Internal Revenue Code to allow new tax credits for: (1) idling reduction devices; (2) the manufacture of advanced technology motor vehicles; (3) wind energy property; and (4) investment in clean energy coal bonds and combined heat and power system property. Repeals the limitation on the number of hybrid and advanced lean burn technology vehicles eligible for the alternative motor vehicle tax credit. Extends through 2010: (1) the tax credits for electric vehicles, energy efficient homes, and nonbusiness energy property; and (2) the tax deduction for energy efficient commercial buildings. Extends through 2012 tax credits for: (1) producing energy from certain renewable resources; (2) investment in clean renewable energy bonds; (3) residential energy efficient property; and (4) investment in solar energy property. Extends through 2013 income and excise tax credits for alcohol, biodiesel, and renewable diesel used as fuel. Increases from 30 to 50% the tax credit rate for alternative vehicle refueling property (service stations for dispensing alternative fuels to retail consumers) and extends such credit through 2013. Allows use of civil penalties for noncompliance with fuel economy standards to finance alternative vehicle refueling properties. Increases the tax credit rate for enhanced oil recovery from 15 to 20% for enhanced oil recovery project costs. Directs the Secretary of Energy to establish programs for: (1) new vehicles technology research and development; (2) building refineries for converting coal into liquid transportation fuel; (3) energy trading credits; and (4) advanced clean low-rank coal development. Directs the Secretary of the Interior to offer the 181 Area (Gulf of Mexico) for oil and gas leasing within one year of enactment of this Act. Amends the Clean Air Act to: (1) increase the volume of renewable fuels (including biodiesel) to 30 billion gallons by 2025; (2) increase the level of cellulosic biomass and sugar in renewable fuels; (3) establish a program to produce cellulosic ethanol and ethanol produced from sugar; and (4) set forth a renewable fuel program for the diesel motor pool. Authorizes appropriations for projects to promote the transition to a hydrogen-based economy.
United States · United States Congress · 6 April 2006
Keep America Competitive Tax Credit Act of 2006 - Amends the Internal Revenue Code to allow certain employers and health insurance issuers a tax credit for up to 50% of employee catastrophic health care costs (i.e., costs exceeding $50,000 per employee).
United States · United States Congress · 6 April 2006
Fallen Heroes Family Savings Act - Amends the Internal Revenue Code to allow tax free rollovers of military death gratuities to Roth individual retirement accounts, health savings and Archer medical savings accounts, and Coverdell education savings accounts.
United States · United States Congress · 6 April 2006
Firefighters Special Operation Task Force Act - Amends the Federal Fire Prevention and Control Act of 1974 to authorize the Administrator of the U.S. Fire Administration to award grants to a task force (two or more fire services operating under a cooperative agreement to coordinate incident response within a geographic area) for: (1) salary and benefits to hire or rehire firefighting personnel to provide services to the task force; (2) expenses related to the participation of firefighting personnel in appropriate training courses offered by the Department of Homeland Security, the National Fire Academy, or a state or local fire academy; (3) training related to incident response; (4) appropriate equipment or support systems for task force members; or (5) improved communications between task force members and a local police department or hospital. Requires the Administrator, in selecting grantees, to give priority to task forces serving geographic areas within 50 miles of: (1) a nuclear power facility; (2) a large facility that produces, treats, or refines chemicals or petroleum products; (3) a business district of national significance; or (4) a location with one or more critical infrastructures. Requires grantees to provide non-federal matching funds of at least 55% of the amount awarded by the Administrator for each fiscal year.
United States · United States Congress · 6 April 2006
Minority Entrepreneurship and Innovation Pilot Program of 2006 - Directs the Administrator of the Small Business Administration to make grants to historically Black colleges and universities, Tribal Colleges, and Hispanic serving institutions, or to any entity formed by a combination of such institutions: (1) to assist in establishing an entrepreneurship curriculum for undergraduate or graduate studies; and (2) for the placement of small business development centers on the physical campus of the institution. Requires an institution of higher education receiving a grant to: (1) develop a curriculum that includes training in various skill sets needed by successful entrepreneurs; and (2) open a small business development center. Limits this pilot program to two fiscal years, and a grant to $1 million per fiscal year for any one institution of higher education.
United States · United States Congress · 6 April 2006
Traffic Reduction Through Technology Act of 2006 - Amends the Internal Revenue Code to allow certain employers and employees a tax credit for teleworking. Bases the amount of the tax credit for employers on the number of days during the week their employees telework. Limits the annual credit amount for employers to $15,000 and for employees to $250.
United States · United States Congress · 6 April 2006
National Defense Authorization Act for Fiscal Year 2007 - Authorizes appropriations for the Department of Defense (DOD) for FY2007. Authorizes appropriations to DOD for: (1) procurement, including for aircraft, missiles, weapons and tracked combat vehicles, ammunition, and shipbuilding and conversion; (2) research, development, test, and evaluation, including ballistic missile defense; (3) operation and maintenance, including for defense working capital funds, the Defense Health Program, drug interdiction and counter-drug activities, and environmental restoration; (4) active and reserve military personnel, including end strengths and the Armed Forces Retirement Home; (5) the North Atlantic Treaty Organization Security Investment Program; (6) chemical demilitarization construction; and (7) Guard and reserve forces facilities. Sets forth provisions or requirements concerning: (1) active and reserve military personnel policy, including expanded duties for National Guard and reserve members; (2) military education and training; (3) military justice, including an Air Force Office of Special Investigations; (4) military pay and allowances; (5) retired pay and survivor benefits; (6) military health care; (7) acquisition policy and management, including National Defense Stockpile disposals; (8) DOD organization and management; (9) counter-drug activities and matters related to homeland security; (10) civilian personnel matters; (11) matters relating to other nations; and (12) cooperative threat reduction with states of the former Soviet Union. Military Construction Authorization Act for Fiscal Year 2007 - Authorizes appropriations for FY2007 for military construction for the Armed Forces and defense agencies.
United States · United States Congress · 6 April 2006
Targeting Homeland Security Resources Effectively Against Terrorism Act of 2006 (THREAT Act) - Directs the Secretary of Homeland Security to carry out a program of discretionary grants for use in high-threat, high-density urban areas. Directs the Secretary to make grants to not more than 15 areas in a fiscal year after considering the population, presence of critical infrastructure, and credibility of the terrorism-related threat for an area. Requires amounts awarded to be disbursed directly to local governments.
United States · United States Congress · 6 April 2006
Tax Return Choice Act of 2006 - Prohibits the Internal Revenue Service from providing individual taxpayers with free electronic tax preparation and filing services except through the Free File program and the Internal Revenue Service's Taxpayer Assistance Centers, Tax Counseling for the Elderly, and volunteer income tax assistance programs. Repeals the provision of the Internal Revenue Service Restructuring and Reform Act of 1998 directing the Secretary of the Treasury to develop a return-free tax system.
United States · United States Congress · 6 April 2006
Taxpayer Information Protection and Privacy Act - Amends the Internal Revenue Code to prohibit tax return preparers from: (1) soliciting taxpayers for consent to the disclosure or use of their tax return information for any purpose; and (2) disclosing tax return information to tax preparers located outside the United States without taxpayer consent.
United States · United States Congress · 6 April 2006
Amends the Internal Revenue Code to include any meningococcal vaccine as a taxable vaccine for excise tax purposes.
United States · United States Congress · 6 April 2006
U.S. Healthcare Technologies Competitiveness Act of 2006 - Amends the Internal Revenue Code to provide tax incentives for investment in biomedical research corporations and related entities, by: (1) exempting investors in biomedical research corporations from limitations on net operating losses acquired through stock sales and mergers involving such corporations; (2) permitting a complete offset against the alternative minimum tax for the net operating losses of biomedical research corporations; (3) making permanent and increasing the rates for the tax credit for increasing research activities; (4) allowing tax credits for countermeasures equity investments and research expenses, qualified medical innovation expenses, equity investments in incubational companies, and investment in qualified biotechnology zone bonds; (5) accelerating eligibility for the tax credit for orphan drug expenses; (6) allowing expensing of biotechnology science park property and medical research equipment; (7) allowing deferral of the tax on gain from the sale of stock in a biomedical research corporation; (8) increasing the tax deductibility of capital losses on the sale of stock in biomedical research corporations; and (9) modifying passive loss deduction rules and S corporation shareholder requirements for biomedical research corporations.