Taxation

Lake Tahoe Restoration Act of 2015

United States · United States Congress · 9 July 2015

Lake Tahoe Restoration Act of 2015 This bill revises and reauthorizes the Lake Tahoe Restoration Act for 10 fiscal years after the enactment of this bill. The bill adds requirements for the management of the Lake Tahoe Basin Management Unit, including requiring the U.S. Forest Service to: coordinate with the Environmental Protection Agency and state and local entities in managing the Basin; conduct forest management activities in the Basin in a manner that attains multiple ecosystem benefits, unless such activities would excessively increase the cost of any project; and establish and monitor post-program ground condition criteria for ground disturbance caused by forest management activities. The Forest Service may enter into contracts and cooperative agreements with governmental and other public and private entities to provide for fuel reduction, erosion control, reforestation, restoration, and similar activities in the Basin. The bill mandates priority programs in the Basin, including programs for fire risk reduction and forest management, invasive species management, and stormwater management. The bill requires relevant federal and state agencies, including the Tahoe Regional Planning Agency, and the states of California and Nevada, to develop and update an integrated multiagency assessment and monitoring plan to measure the effectiveness of the Agency's Environmental Improvement Program. The bill amends the Santini-Burton Act to authorize: (1) a donation from California to the Forest Service of lands administered by its agencies, and (2) a transfer from the Forest Service to Nevada of certain lands in the Basin.

Private Property Rights Protection Act of 2015

United States · United States Congress · 9 July 2015

Private Property Rights Protection Act of 2015 Prohibits a state or political subdivision from exercising its power of eminent domain, or allowing the exercise of such power by delegation, over property to be used for economic development or over property that is used for economic development within seven years after that exercise, if the state or political subdivision receives federal economic development funds during any fiscal year in which the property is so used or intended to be used. Prohibits the federal government from exercising its power of eminent domain for economic development. Establishes a private cause of action for any private property owner or tenant who suffers injury as a result of a violation of this Act. Prohibits state immunity in federal or state court. Sets the statute of limitations at seven years. Requires the Department of Justice (DOJ) to bring an action to enforce this Act in certain circumstances, but prohibits an action brought later than seven years following the conclusion of any condemnation proceedings. Requires DOJ to disseminate to states and the public information on: (1) the rights of property owners and tenants under this Act, and (2) the federal laws under which federal economic development funds are distributed. Prohibits the federal government, or a state or political subdivision receiving federal economic development funds during any fiscal year, from exercising the power of eminent domain over property of a religious or other nonprofit organization because of the organization's nonprofit or tax-exempt status or any related quality. Directs DOJ, if a court determines that a violation of this Act has a disproportionately high impact on the poor or minorities, to make efforts to locate former owners and tenants to inform them of the violation and any possible remedies.

Julia Carson Responsible Fatherhood and Healthy Families Act of 2015

United States · United States Congress · 9 July 2015

Julia Carson Responsible Fatherhood and Healthy Families Act of 2015 Conditions continued approval of a state plan under part D (Child Support and Establishment of Paternity) of title IV of the Social Security Act (SSAct) upon state assessment of its policies with respect to barriers to employment and financial support of children. Directs the Department of Health and Human Services (HHS) to award grants to states for an employment demonstration project involving a court- or state child support agency-supervised employment program for noncustodial parents who have barriers to employment and a history of nonpayment, so that they can pay their child support obligations. Amends part A (Temporary Assistance for Needy Families) (TANF) of SSAct title IV with respect to: (1) funding for responsible fatherhood programs, (2) activities promoting responsible fatherhood, (3) elimination of a separate TANF work participation rate for two-parent families, (4) elimination of the requirement that two-parent family recipients participate in certain work activities not fewer than a specified number of hours per week more than 20, (5) elimination of the cap on treating vocational educational training as work participation, and (6) an increase in months of educational vocational training that may be counted as work participation. Prohibits a state from conditioning receipt of TANF or certain other benefits on participation in a healthy marriage or responsible fatherhood program. Amends SSAct title IV part D (Child Support and Establishment of Paternity) to prohibit a state from collecting any amount owed it by reason of costs it has incurred under SSAct title XIX (Medicaid) for the birth of a child for whom support rights have been assigned. Requires a state to make a full distribution of collected child support to the family. Amends the Food and Nutrition Act of 2008 with respect to: (1) deductions from family income for child support received in order to qualify for food stamps, (2) verification of child support payments, and (3) inclusion of economic opportunities programs in qualifying work programs. Amends SSAct title IV part A (TANF) with respect to: (1) grants to healthy family partnerships for domestic violence intervention and prevention, and (2) grant recipients and their procedures for responding to the risks of domestic violence. Establishes in the Treasury the Employment Fund for Needy Families. Expresses the sense of Congress that a state to which a TANF grant is made should consider a noncustodial parent of a minor child, if the child receives assistance under a state TANF program, to be a member of the child's family for purposes of providing assistance to the family, the child, and the noncustodial parent under the program. Amends the Internal Revenue Code to increase the earned income tax credit percentage for eligible individuals with no qualifying children.

To amend the Robert T. Stafford Disaster Relief and Emergency Assistance Act to establish wildfire on Federal lands as a major disaster.

United States · United States Congress · 9 July 2015

Amends the Robert T. Stafford Disaster Relief and Emergency Assistance Act to define a "major disaster for wildfire on federal lands" as any wildfire that, in the determination of the President, warrants assistance under this Act to supplement the efforts and resources of the Department of the Interior or the Department of Agriculture: (1) on federal lands, or (2) on non-federal lands pursuant to a fire protection agreement or cooperative agreement. Authorizes the Secretary of the Interior or the Secretary of Agriculture to submit a request to the President for a declaration that such a major disaster exists. Requires such a request to: certify that the amount appropriated in the current fiscal year for wildfire suppression operations of the federal land management agencies under the jurisdiction of the respective Secretary, net of any concurrently enacted rescissions of wildfire suppression funds, increases the total unobligated balance of amounts available for wildfire suppression by an amount equal to or greater than the average total costs incurred by such agencies per year for wildfire suppression operations over the previous 10 fiscal years; certify that the amount available for wildfire suppression operations of the federal land management agencies under the jurisdiction of the respective Secretary will be obligated not later than 30 days after such Secretary notifies the President that wildfire suppression funds will be exhausted to fund ongoing and anticipated wildfire suppression operations related to the wildfire on which such request is based; and specify the amount required in the current fiscal year to fund wildfire suppression operations related to the wildfire on which such request is based. Authorizes the President to: (1) declare that such a major disaster exists based on such a request, (2) establish a specific account for assistance pursuant to such a declaration, and (3) transfer funds from such account to the Secretary of the Interior or the Secretary of Agriculture to conduct wildfire suppression operations on such lands. Requires the respective Secretary to secure reimbursement of transferred amounts used for wildfire suppression operations on non-federal land.

Equal Dignity for Married Taxpayers Act of 2015

United States · United States Congress · 9 July 2015

Equal Dignity for Married Taxpayers Act of 2015 This bill amends the Internal Revenue Code to change provisions that refer to married couples to make such provisions equally applicable to legally married same sex couples.

Bring Jobs Home Act

United States · United States Congress · 9 July 2015

Bring Jobs Home Act Amends the Internal Revenue Code to: (1) grant business taxpayers a tax credit for up to 20% of insourcing expenses incurred for eliminating a business located outside the United States and  relocating it within the United States, and (2) deny a tax deduction for outsourcing expenses incurred in relocating a U.S. business outside the United States. Requires an increase in the taxpayer's employment of full-time employees in the United States in order to claim the tax credit for insourcing expenses.

Incentivizing Offshore Wind Power Act

United States · United States Congress · 9 July 2015

Incentivizing Offshore Wind Power Act Amends the Internal Revenue Code to: (1) allow a 30% tax credit for investment in a qualifying offshore wind facility (an offshore facility using wind to produce electricity), and (2) direct the Department of the Treasury to establish a qualifying credit for offshore wind facilities program to consider and award certifications for investments eligible for such a credit to qualifying offshore wind facility sponsors. Requires Treasury to review credits allocated under this Act periodically and authorizes Treasury to make additional allocations and reallocations of such credits upon determining that: (1) the limit on the total amount of megawatt capacity for offshore facilities with respect to which credits may be allocated under the program has not been attained, or (2) scheduled placed-in-service dates of previously certified facilities have been significantly delayed and the applicant for certification will not meet the required timeline.

Access to Court Challenges for Exempt Status Seekers (ACCESS) Act of 2015

United States · United States Congress · 9 July 2015

Access to Court Challenges for Exempt Status Seekers (ACCESS) Act of 2015 Amends the Internal Revenue Code to expand the availability of the declaratory judgment legal remedy to all organizations that are currently classified as tax-exempt (currently, limited to "c-3" charitable, religious, or educational organizations) and to religious and apostolic organizations, for purposes of determining the initial or continuing qualification of such organizations for a tax exemption.

A joint resolution proposing a balanced budget amendment to the Constitution of the United States.

United States · United States Congress · 9 July 2015

Constitutional Amendment This joint resolution proposes a constitutional amendment prohibiting total outlays for a fiscal year from exceeding total receipts for that fiscal year unless Congress authorizes the excess by a three-fifths roll call vote of each chamber. The prohibition excludes outlays for repayment of debt principal, receipts derived from borrowing, and receipts or outlays of the Social Security and Medicare trust funds. The resolution requires the President to annually submit to Congress a budget in which total outlays do not exceed total receipts. The balanced budget requirement does not apply if: a declaration of war is in effect or if the United States is engaged in military conflict which causes an imminent and serious military threat to national security, or during the fiscal year or preceding fiscal year, the U.S. economy grew by less than 0% in real gross domestic product during two or more consecutive quarters or the unemployment rate was more than 7% during two or more consecutive months. The resolution prohibits a court from enforcing the requirements by ordering cuts to Social Security or Medicare payments unless the funds available to the trust fund for a program are not sufficient to cover the outlays that would occur during the year if the fund were fully solvent.

Invest in America Act of 2015

United States · United States Congress · 9 July 2015

Invest in America Act of 2015 This bill amends the Internal Revenue Code to modify the formula for calculating the tax on the net capital gains of individual taxpayers to provide for a maximum 15% rate on the adjusted net capital gain of such taxpayers.

Helping Save Americans' Health Care Choices Act of 2015

United States · United States Congress · 9 July 2015

Helping Save Americans' Health Care Choices Act of 2015 This bill amends the Internal Revenue Code, with respect to health savings accounts (HSAs), to: eliminate the requirement that a participant in an HSA be enrolled in a high deductible health care plan; increase the maximum contribution amount to an HSA; permit both spouses in an HSA to make catch-up contributions to the same account; allow the use of HSAs to pay health insurance premiums and long-term care insurance premiums; treat fees paid in advance for the right to receive medical services as a deductible medical expense; permit Medicare recipients to participate in HSAs; repeal the restriction on payments from HSAs for nonprescription drugs; repeal the additional tax on distributions from HSAs and Archer Medical Savings Accounts; and repeal the $2,500 limitation on salary reduction contributions to a health flexible spending arrangement under a cafeteria plan.

Jobs for Heroes Act

United States · United States Congress · 9 July 2015

Jobs for Heroes Act Amends the Internal Revenue Code, with respect to the work opportunity tax credit, to: (1) revise the definition of "qualified veteran" to expand the eligibility of veterans for such credit, (2) allow such credit for the hiring of a qualified member of the Ready Reserve or National Guard, and (3) make such credit permanent. Revises the tax credit for differential wage payments made by employers on behalf of Members of the Uniformed Services to: (1) extend eligibility for such credit to an employer without regard to the size of such employer's workforce, and (2) make such credit permanent. 

Financial Services and General Government Appropriations Act, 2016

United States · United States Congress · 9 July 2015

Financial Services and General Government Appropriations Act, 2016 Provides FY2016 appropriations for agencies responsible for: regulating the financial, telecommunications, and consumer products industries; collecting taxes and assisting taxpayers; managing federal buildings; overseeing the federal workforce; and operating the Executive Office of the President, the judiciary, federal buildings, and the District of Columbia. Department of the Treasury Appropriations Act, 2016 Provides appropriations to the Department of the Treasury for: Departmental Offices, the Financial Crimes Enforcement Network, the Bureau of the Fiscal Service, the Alcohol and Tobacco Tax and Trade Bureau, the U.S. Mint, the Community Development Financial Institutions Fund Program Account, and the Internal Revenue Service. Executive Office of the President Appropriations Act, 2016 Provides appropriations to the Executive Office of the President and Funds Appropriated to the President for: the White House, the Executive Residence at the White House, White House Repair and Restoration, the Council of Economic Advisers, the National Security Council and Homeland Security Council, the Office of Administration, the Office of Management and Budget, the Office of National Drug Control Policy, Information Technology Oversight and Reform, Special Assistance to the President, and the Official Residence of the Vice President. Judiciary Appropriations Act, 2016 Provides appropriations to the judiciary for: the Supreme Court of the United States; the U.S. Court of Appeals for the Federal Circuit; the U.S. Court of International Trade; Courts of Appeals, District Courts, and Other Judicial Services; the Administrative Office of the U.S. Courts; the Federal Judicial Center; and the U.S. Sentencing Commission. District of Columbia Appropriations Act, 2016 Provides appropriations to the District of Columbia, including Federal Funds and District of Columbia Funds. Provides appropriations to independent agencies, including: the Administrative Conference of the United States, the Consumer Products Safety Commission, the Election Assistance Commission, the Federal Communications Commission, the Federal Deposit Insurance Corporation, the Federal Election Commission, the Federal Labor Relations Authority, the Federal Trade Commission, the General Services Administration, the Merit Systems Protection Board, the National Archives and Records Administration, the National Credit Union Administration, the Office of Government Ethics, the Office of Personnel Management, the Office of Special Counsel, the Postal Regulatory Commission, the Privacy and Civil Liberties Oversight Board, the Securities and Exchange Commission, the Selective Service System, the Small Business Administration, the U.S. Postal Service, and the U.S. Tax Court. Sets forth permissible, restricted, and prohibited uses for funds provided by this and other appropriations Acts. Rescinds unobligated balances from prior appropriations.

Building on Local District Flexibility in IDEA Act

United States · United States Congress · 8 July 2015

Building on Local District Flexibility in IDEA Act This bill amends the Individuals with Disabilities Education Act to add exceptions to the maintenance of effort requirement for local education agencies (LEAs). Specifically, an LEA may reduce its level of expenditures for the education of children with disabilities below the level of those expenditures for the preceding fiscal year where such reduction is attributable to: (1) improved efficiencies that do not result in a reduction of special education services; or (2) the reduction of expenditures for employment-related benefits provided to special education personnel, provided that such reduction of expenditures does not result in a reduction in special education services. Furthermore, a state may waive the maintenance of effort requirement for an LEA for one fiscal year at a time if the state determines that: (1) all children with disabilities have available to them a free, appropriate public education; or (2) the LEA has not reduced the level of expenditures for the education of children with disabilities for such fiscal year disproportionately to other expenditures, and granting a waiver would be equitable due to exceptional or uncontrollable circumstances or a precipitous and unforeseen decline in the LEA's financial resources.

Drought Recovery and Resilience Act of 2015

United States · United States Congress · 8 July 2015

Drought Recovery and Resilience Act of 2015 TITLE I--EMERGENCY DROUGHT RESPONSE APPROPRIATIONS FROM RECLAMATION FUND This bill provides emergency supplemental appropriations for FY2015 from the Reclamation Fund to the Department of the Interior, the Environmental Protection Agency (EPA), the Department of Agriculture (USDA), the Department of Justice (DOJ), and the Army Corps of Engineers for water projects, programs, grants, or loans in states impacted by drought. Interior is provided additional amounts for the Bureau of Reclamation (Reclamation), including amounts for water reclamation and reuse projects, the WaterSMART program under the Reclamation States Emergency Drought Relief Act of 1991, and water acquisition, water conveyance, and facilities construction under the Refuge Water Supply Program. The EPA is provided additional amounts for cleanup of polluted groundwater supplies, capitalization grants for state water pollution control revolving funds and for drinking water treatment revolving loan funds, and loans under the Water Infrastructure Finance and Innovation Act of 2014. USDA is provided additional amounts for: (1) the Rural Utilities Service for direct and guaranteed loans and grants for rural water, wastewater, and waste disposal programs; and (2) emergency grants, upon declaration of a natural disaster, to assist low-income migrant and seasonal farmworkers to address impacts of drought. Additional amounts are also provided to: DOJ for the Drug Enforcement Administration to assist state or local law enforcement agencies in the suppression of cannabis operations; the Army Corps to carry out the Water Resources and Development Act of 2007; and projects under the Land and Water Conservation Fund Act of 1965 in drought-affected states that reduce fire risk, improve water quality or downstream water quantity, or expand ground water recharge capacity. TITLE II--NEW WATER INFRASTRUCTURE PROGRAM AUTHORIZATIONS National Water Recycling and Reclamation Act of 2015 The EPA must establish a National Water Recycling and Reclamation Program to provide private or governmental entities with grants for up to 80% of the costs for water recycling and reclamation projects for which eligible costs are anticipated to exceed $1 million. Selection criteria for such grants include the extent to which projects address water demand and supply, environmental protection, and federal return on investment through renewable water supplies. Reclamation Infrastructure Finance and Innovation Act or RIFIA Interior may provide financial assistance, such as secured loans or loan guarantees, to private entities, state or local governments, irrigation districts, water users' associations, or other entities that contract with the United States under federal reclamation law to carry out water projects within the 17 western states served by Reclamation, other states where Reclamation is authorized to provide project assistance, Alaska, and Hawaii. Projects eligible for assistance include: reclamation and reuse of municipal, industrial, domestic, and agricultural wastewater and naturally impaired ground; water infrastructure projects that would contribute to a safe, adequate water supply for domestic, agricultural, environmental, or municipal and industrial use; new water conduits, pipelines, canals, pumping or power facilities; energy efficiency projects; accelerated repair and replacement of aging water distribution facilities; brackish or sea water desalination; or acquisition of real property or an interest therein for water storage, reclaimed or recycled water, or wastewater that is integral to an authorized project. Priority must be given to projects that promote wastewater recycling, agricultural or urban water conservation and efficiency, stormwater capture, or other innovations that reduce reliance on surface and groundwater supplies. To be eligible for assistance, eligible project costs of a project and other projects in a watershed must be reasonably anticipated to be at least $10 million. The interest of a secured loan may not be more than the yield on Treasury securities of a similar maturity. Interior may sell or reoffer into the capital markets a secured loan after the substantial completion of the project. The final maturity date of a secured loan may not be later than 35 years after the expected date of substantial completion of the underlying project. Interior may also enter into cost-shared financial assistance agreements with nonfederal entities in the 17 Reclamation-served western states or Hawaii to carry out the planning, design, and construction of any permanent water storage and conveyance facility used solely to regulate and maximize the water supply arising from a project that is eligible for assistance, including recycled water projects not congressionally authorized, to: (1) recycle wastewater or ground water, or (2) use integrated and coordinated water management on a watershed or regional scale. The federal share of the cost of such a project shall be: (1) nonreimbursable, and (2) the lesser of 50% of the total cost or $15 million (adjusted for inflation). Reclamation Title Transfer Act of 2015 Reclamation may establish a program that: (1) identifies and analyzes the potential for public benefits from the transfer of eligible facilities out of federal ownership, and (2) facilitates the transfer of such facilities to qualifying entities to promote more efficient management of water and water-related facilities. "Eligible facilities" is defined as reclamation projects or facilities (including dams and appurtenant works, infrastructure, recreational facilities, buildings, distribution and drainage works, and associated land or interests in land or water) for which the United States holds title and that meet the criteria for potential transfer. A "qualifying entity" is a state, local government, Indian tribe, municipal or quasi-municipal corporation, or other entity (such as a water district) that has the capacity to continue to manage the conveyed property for the same purposes that the property has been managed under the reclamation laws. Reclamation may convey an eligible facility to a qualifying entity if Congress is notified before the conveyance and does not disapprove. A right of first refusal is granted to a qualifying entity that is operating an eligible facility at the time conveyance is being considered. The bill terminates Reclamation's authority to carry out such conveyances 15 years after this Act's enactment. Innovative Stormwater Infrastructure Act of 2015 The EPA must provide grants to eligible higher education institutions and research institutions to establish and maintain between three and five centers of excellence for innovative stormwater control infrastructure. One of the centers must be the national electronic clearinghouse center and must operate a website and a public database on the infrastructure. The EPA must provide grants for innovative stormwater control infrastructure projects and must give priority to applications from: (1) a community that has combined storm and sanitary sewers in its collection system or is low-income or disadvantaged, or (2) an eligible entity that will use at least 10% of the grant for a low-income or disadvantaged community. The EPA must ensure that: (1) EPA offices promote the use of the infrastructure in, and coordinate its integration into, permitting programs, planning efforts, research, technical assistance, and funding guidance; and (2) the EPA's Office of Water supports establishing innovative financing mechanisms in the implementation of the infrastructure. The EPA must: (1) direct EPA regional offices to promote and integrate the use of the infrastructure, and (2) promote sharing information about the infrastructure approaches. The EPA must establish an innovative stormwater control infrastructure portfolio standard consisting of voluntary, measurable goals to increase the percentage of annual water managed by entities that use the infrastructure. TITLE III--IMPROVED INFRASTRUCTURE AND WATER MANAGEMENT Restoring America's Watersheds Act of 2015 The Forest Service must establish a Water Source Protection Program within the region of the National Forest System west of the 100th Meridian. USDA is authorized to enter into water source investment partnerships with specified end water users to protect and restore the condition of National Forest watersheds that provide water to nonfederal partners. The Forest Service must establish a Watershed Condition Framework within such region to: (1) identify for restoration up to five priority watersheds in each National Forest and up to two priority watersheds in each national grassland, and (2) develop and implement a watershed restoration action plan for each priority watershed. The Forest Service must also establish a Forest Service Legacy Roads and Trails Remediation Program within such region to: carry out critical maintenance and urgent repairs and improvements on National Forest System roads, trails, and bridges; restore fish and other aquatic organism passage by removing or replacing unnatural barriers to the passage of fish and other aquatic organisms; and decommission unneeded roads and trails. The Collaborative Forest Landscape Restoration Fund is reauthorized through FY2024. Five Demonstrations of Advancing Yields by Fixing Operations of Reservoirs to Encompass Climatic and Atmospheric Science Trends Act The Department of the Army must establish up to five pilot projects to implement forecast-based reservoir operations in states with drought emergencies during water year 2015. Interior must establish a wind and solar energy leasing pilot program to conduct lease sales of certain sites located on Reclamation land for purposes of carrying out wind and solar energy projects. The bill sets forth procedures for qualified developers to bid on sites that Interior offers for lease. Interior, within five years after enactment of this Act, must determine whether to expand the pilot program to apply to all authorized Reclamation lands. The general term for issued leases is: (1) an initial term of 25 years, and (2) any additional period after the initial 25-year term during which electricity is being produced annually in commercial quantities from the lease. However, a lease term may not be more than 5 years for the placement and operation of a meteorological or data collection facility or for the development or demonstration of a new wind or solar energy technology. Interior must establish and require payment of a royalty as a condition of issued leases. The royalty must be a percentage of the gross proceeds from the sale of electricity produced on land that is the subject of the lease. Lease royalties and authorized bonuses collected by Interior must be distributed in a manner such that: 25% is paid to the states and 25% is paid to the counties within the boundaries of which the royalties or bonuses are derived; 25% is deposited into a Fish and Wildlife Restoration Fund for Interior to use or make payments to states, federal agencies, or others for protecting fish and wildlife in regions impacted by the development of hydropower by federal agencies and the development of wind or solar energy on Reclamation land; 15% is paid to state Reclamation offices during the first 15 years after enactment of this Act for purposes of reducing the number of renewable energy permits that have not been processed before the enactment of this Act; and the remainder is deposited into the general fund of the Treasury for purposes of reducing the annual federal budget deficit. The Safe Drinking Water Act is amended to require a state to operate an EPA-prescribed injection control program for underground wells if the EPA finds that the state improperly issued permits under the state's underground injection control program. DOJ must maintain a registry of incidents of cultivation of marijuana on government property or while intentionally trespassing on another's property. DOJ is authorized to use amounts from the Department of Justice Assets Forfeiture Fund to pay for costs incurred by state, local, or tribal governments in connection with the remediation of an area formerly used for the production or cultivation of marijuana in which such a government assisted in a federal prosecution related to marijuana. The bill requires court sentences for certain marijuana offenses to include an order requiring the defendant to reimburse federal, state, or local governments for costs incurred for cleanup associated with the cultivation of marijuana by the defendant or on premises or in property that the defendant owns, resides in, or does business in. The Omnibus Public Land Management Act of 2009 is amended to: (1) include "planning for or addressing the impact of drought" among the activities for which Reclamation may make grants and enter cooperative agreements for water management improvement, (2) include Hawaii among the states in which eligible grant and agreement applicants may be located, (3) reauthorize such grants and agreements for FY2015-FY2023, and (4) reauthorize the authority of the U.S. Geological Survey to provide grants to state water resource agencies under the national water availability and use assessment program for FY2014-FY2023. The Internal Revenue Code is amended to establish a refundable tax credit for the purchase and installation of a qualified water-harvesting system. The Reclamation Safety of Dams Act of 1978 is amended to authorize Interior, subject to feasibility studies and other specified conditions, to develop additional project benefits (such as additional conservation storage capacity) through the construction of new or supplementary works on a project in conjunction with its authority to modify Reclamation dams and related facilities to preserve their structural safety. Interior may expend available appropriated funds for construction of a project that meets certain environmental standards, but the bill prohibits the federal cost-share from exceeding 25% of the project costs. TITLE IV--PLANNING FOR THE FUTURE Water Innovation and Prize Competition Act of 2015 The Department of Energy must establish a program to award prizes for development of water desalination technologies. The Natural Resources Conservation Service must collaborate with Reclamation to provide assistance, upon request, to water or power delivery authorities for purposes of increasing water use efficiency and providing on-farm assistance to address water quantity and water quality conservation practices. The U.S. Fish and Wildlife Service must prepare a California salmon drought plan. The President must update the National Response Plan and the National Disaster Recovery Framework to include a plan for catastrophic drought.

CLEAR Act of 2015

United States · United States Congress · 8 July 2015

Clear Law Enforcement for Criminal Alien Removal Act of 2015 or the CLEAR Act of 2015 States that: (1) state and local law enforcement personnel, in the course of their routine duties, have the inherent authority to investigate, apprehend, or transfer to federal custody aliens in the United States (including interstate transportation of such aliens to detention centers) in order to assist in the enforcement of U.S. immigration laws; and (2) effective two years after enactment of this Act, a state that has in effect a statute, policy, or practice prohibiting such law enforcement assistance shall not receive certain federal incarceration assistance. Provides for the listing of immigration violators in the National Crime Information Center database. Directs states and localities to provide the Department of Homeland Security (DHS) with specified information about apprehended aliens who are believed to be in violation of U.S. immigration laws. Provides federal reimbursement for related state and local costs. (States that such provision shall not require state or local enforcement officials to provide DHS with information related to a victim of a crime or witness to a criminal offense.) Directs DHS to make grants to states and political subdivisions that enforce immigration laws in the course of their routine law enforcement duties for special equipment and facilities related to arresting, detaining, or transporting illegal aliens. Directs DHS to: (1) construct or acquire 20 additional detention facilities for aliens detained pending removal (or a decision on removal), and (2) consider the transfer of military installations under base closure laws for such purposes. Amends the Immigration and Nationality Act regarding illegal aliens apprehended by state or local authorities to provide for: (1) federal custody upon state or local request, and (2) state or local compensation for related incarceration and transportation costs. Directs the Department of Justice or DHS to ensure that the detention of an alien subject to removal is in an adequate state or local prison, detention center, or other comparable facility prior to his or her removal examination. Directs DHS to establish immigration-related training for state and local personnel. Provides: (1) personal liability immunity to the same extent as corresponding federal immunity for state or local personnel enforcing immigration laws within the scope of their duties under this Act, and (2) civil rights money damage immunity for state or local agencies enforcing immigration laws unless their personnel violated criminal law in such enforcement. Continues the institutional removal program, which shall be expanded to all states. Authorizes state or local detention of an illegal alien after completion of such alien's prison sentence for: (1) up to 14 days to facilitate federal transfer, or (2) until transfer to U.S. Immigration and Customs Enforcement. Authorizes appropriations for FY2016 and subsequent fiscal years for the state criminal alien assistance program.

To amend the Internal Revenue Code of 1986 to require for purposes of education tax credit that the student be lawfully present and that the taxpayer provide the social security number of the student and the employer identification number of the educational institution, and for other purposes.

United States · United States Congress · 8 July 2015

This bill amends the Internal Revenue Code, with respect to the Hope Scholarship and Lifetime Learning tax credit, to require: (1) an individual claiming qualified tuition and related expenses under such credit to provide on the individual's tax return a social security number and the employer identification number of the educational institution to which such expenses were paid, (2) an individual claiming such credit to be a citizen or national of the United States or an alien lawfully present in the United States, and (3) paid tax return preparers to receive information on the immigration status of a taxpayer claiming such credit. The bill also requires the Social Security Administration to maintain a record of each social security account number issued to any individual who receives deferred action on removal by the Department of Homeland Security.

Highway Trust Fund Certainty Act

United States · United States Congress · 8 July 2015

Highway Trust Fund Certainty Act This bill amends the Internal Revenue Code to: (1) increase the current excise tax rates on gasoline and diesel fuel or kerosene and special fuels and to repeal the reversion of increased fuel tax rates to 4.3 cents per gallon after September 30, 2016, (2) make permanent the excise tax on certain alcohol fuels and fuels used in certain buses, (3) allow U.S. citizens a new tax credit after 2015 for the lesser of 3.1% of earned income or $133, and (4) allow additional appropriations to the Highway and Mass Transit Accounts of the Highway Trust Fund and provide for repayments from such Fund to the general fund of the Treasury for amounts advanced to such Fund.

Rebuilding American Manufacturing Act of 2015

United States · United States Congress · 8 July 2015

Rebuilding American Manufacturing Act of 2015 Amends the Internal Revenue Code to allow taxpayers engaged in domestic manufacturing in the United States a tax deduction equal to 50.5% (43% for C corporations) of the lesser of their domestic manufacturing income or their taxable income for the taxable year (thus effectively reducing their income tax rate to approximately 20%). Limits the amount of such deduction to 25% of such taxpayer's qualifying domestic investment (defined as the sum of the taxpayer's W-2 wages and certain allowable tax deductions, excluding any amounts not properly allocable to the taxpayer's domestic manufacturing gross receipts).

Bring Jobs Home Act

United States · United States Congress · 8 July 2015

Bring Jobs Home Act Amends the Internal Revenue Code to: (1) grant business taxpayers a tax credit for up to 20% of insourcing expenses incurred for eliminating a business located outside the United States and  relocating it within the United States, and (2) deny a tax deduction for outsourcing expenses incurred in relocating a U.S. business outside the United States. Requires an increase in the taxpayer's employment of full-time employees in the United States in order to claim the tax credit for insourcing expenses.

TANF Accountability and Integrity Improvement Act

United States · United States Congress · 7 July 2015

TANF Accountability and Integrity Improvement Act This bill amends part A (Temporary Assistance for Needy Families) (TANF) of title IV of the Social Security Act to exclude third party contributions from qualified state expenditures used in determining whether a state maintains a certain level of historic state expenditures or else faces an associated penalty with a reduction in the state TANF grant. The formula for determining the amount of the exclusion graduates from: the amount (if any) for FY2016 by which the value of all goods and services provided by a source other than the state or a local government during the fiscal year exceeds the value of all goods and services claimed by the state as qualified state expenditures for FY2015, and the amount (if any) for FY2017 by which such third party contributions exceed 50% of the value of all such goods and services claimed by the state as qualified state expenditures for FY2015, to the value of all such third party contributions during any fiscal year after FY2017. Qualified state expenditures shall not include any amount expended for medical services.

Improving Employment Outcomes of TANF Recipients Act

United States · United States Congress · 7 July 2015

Improving Employment Outcomes of TANF Recipients Act This bill amends part A (Temporary Assistance for Needy Families) (TANF) of title IV of the Social Security Act to replace the current program of bonus grants for high performing states with a program requiring the Department of Health and Human Services (HHS) to make a grant to a state for each fiscal year that it achieves a requisite level of performance, under an agreement with HHS, indicated by the percentage of former TANF recipients who are in unsubsidized employment after exiting the TANF program.

Intelligence Authorization Act for Fiscal Year 2016

United States · United States Congress · 7 July 2015

Intelligence Authorization Act for Fiscal Year 2016 Authorizes FY2016 appropriations for the conduct of intelligence and intelligence-related activities of: (1) the Office of the Director of National Intelligence (DNI); (2) the Central Intelligence Agency (CIA); (3) the Department of Defense (DOD); (4) the Defense Intelligence Agency; (5) the National Security Agency; (6) the Departments of the Army, the Navy, and the Air Force; (7) the Coast Guard; (8) the Departments of State, the Treasury, Energy (DOE), and Justice; (9) the Federal Bureau of Investigation; (10) the Drug Enforcement Administration; (11) the National Reconnaissance Office; (12) the National Geospatial-Intelligence Agency; and (13) the Department of Homeland Security. Allows the DNI, if it provides prior notification to Congress, to authorize employment of civilian personnel in excess of the number authorized for FY2016 when necessary for the performance of important intelligence functions. Authorizes FY2016 appropriations for: (1) the Intelligence Community Management Account, and (2) the Central Intelligence Agency Retirement and Disability Fund. Requires the DNI to establish a policy for elements of the intelligence community to provide quarterly notifications to Congress regarding each appointment of an individual to, or each separation, from a senior level position. Requires the National Counterintelligence Executive to be appointed by the President with the advice and consent of the Senate. Includes the Inspector General of the Intelligence Community within the Council of the Inspectors General on Integrity and Efficiency. Authorizes inspectors general of the CIA and the intelligence community to request information or assistance from state or local governmental agencies. Requires the DNI to assign the Chief of the Analytic Integrity and Standards Group, in consultation with the CIA's Senior Analytic Service, to review finished CIA-produced intelligence products to assess whether the CIA's reorganization has resulted in any loss of analytic objectivity. Directs the DNI to notify Congress if the intelligence community receives intelligence that the Russian Federation has: (1) deployed, or is about to deploy, the Club-K container missile system through the Russian military; or (2) transferred or sold, or intends to transfer or sell, such system to another state or nonstate actor. Requires the DNI to submit to Congress: (1) an intelligence community assessment on the funding of political parties and nongovernmental organizations in former Soviet states and countries in Europe by the Russian Federation and its security and intelligence services since January 1, 2006; and (2) an assessment on the use of political assassinations as a form of statecraft by the Russian Federation since January 1, 2000. Directs the DNI to submit to Congress an assessment on the resources utilized for intelligence collection efforts with regard to the South and East China Seas. Requires the State Department to: (1) ensure that supervisory positions at U.S. diplomatic facilities in Cuba are occupied by U.S. citizens who have passed a thorough background check, and (2) submit to Congress a plan for reducing the reliance on locally employed staff in such U.S. diplomatic facilities in Cuba. Requires the DNI to submit reports to Congress regarding: (1) the monetary value of any direct or indirect forms of sanctions relief that Iran has received since the Joint Plan of Action first entered into effect; (2) Iran's use of such funds, including to support international terrorism and the al-Assad regime in Syria, advance nuclear weapons or ballistic missile efforts, or commit any violation of the human rights of the people of Iran; and (3) the extent to which senior Iranian officials have diverted sanctions relief funds into their personal accounts. Bars a provision of an intelligence contract that prohibits the disclosure of information from being construed to prohibit an element of the intelligence community from providing information to the congressional intelligence committees. Requires the DNI to provide notice to Congress within 15 days after learning that an electronic communication service provider that generates call detail records in the ordinary course of business has changed its retention policy to a period of less than 18 months. Requires anyone engaged in providing an electronic communication or a remote computing service to the public who obtains actual knowledge of any terrorist activity to provide the relevant facts and circumstances to authorities designated by the Attorney General. Directs the DNI to collaborate with DOD and the Joint Chiefs of Staff to develop a strategy for a comprehensive interagency review of policies for planning and acquiring national security satellite systems and architectures consistent with the National Space Policy issued on June 28, 2010. Includes the DNI among the agencies that must be consulted when DOE considers whether to authorize a person to develop or produce special nuclear material outside the United States. Requires the DNI to: (1) implement a plan to eliminate the backlog of overdue periodic reinvestigations of individuals eligible to access classified information or hold a sensitive position; and (2) direct specified executive agencies, military departments, and elements of the intelligence community to implement enhanced personnel security programs.

Preventing Illegal Immigrants From Abusing Tax Welfare Act of 2015

United States · United States Congress · 7 July 2015

Preventing Illegal Immigrants From Abusing Tax Welfare Act of 2015 This bill amends the Internal Revenue Code to: (1) deny the earned income tax credit to any individual who is not a citizen or lawful permanent resident of the United States, and (2) require any taxpayer who is claiming the refundable portion of the child tax credit to provide the social security number of such taxpayer and of each qualifying child to whom a credit is allowed.

THE STATE OF VA'S FISCAL YEAR 2015 BUDGET

United States · United States House of Representatives · 25 June 2015

Small Business Healthcare Relief Act

United States · United States Congress · 25 June 2015

Small Business Healthcare Relief Act This bill amends the Internal Revenue Code and the Employee Retirement Income Security Act of 1974 (ERISA) to allow an employer with fewer than 50 employees that does not offer group health insurance coverage to establish a health reimbursement arrangement. Under the arrangement, funds contributed by an employer are excluded from the employer's taxable income and are used to pay or reimburse employees for medical care expenses, including premiums for individual health insurance coverage or Medicare supplemental insurance. Such a reimbursement arrangement: (1) must not pay premiums for an employee covered by a family member's coverage, (2) must be offered to all eligible employees on the same terms and may only vary based on the number of individuals covered, and (3) is not required to provide continuation coverage. Employer contributions to a reimbursement arrangement are not included in an employee's gross income if the employee was covered by the reimbursement arrangement for more than nine months of the year. Employees covered for less than nine months have a percentage of employer contributions included in their gross income, with exceptions. An employee offered affordable individual health insurance coverage under a reimbursement arrangement is not eligible for a premium assistance tax credit. Employers must report contributions to a reimbursement arrangement on their employees' W-2. This bill amends the Public Health Service Act to exempt reimbursement arrangements from requirements for health insurance coverage. Insurance offered under a reimbursement arrangement remains subject to the requirements.

Small Business Healthcare Relief Act

United States · United States Congress · 25 June 2015

Small Business Healthcare Relief Act This bill amends the Internal Revenue Code and the Employee Retirement Income Security Act of 1974 (ERISA) to allow an employer with fewer than 50 employees that does not offer group health insurance coverage to establish a health reimbursement arrangement. Under the arrangement, funds contributed by an employer are excluded from the employer's taxable income and are used to pay or reimburse employees for medical care expenses, including premiums for individual health insurance coverage or Medicare supplemental insurance. Such a reimbursement arrangement: (1) must not pay premiums for an employee covered by a family member's coverage, (2) must be offered to all eligible employees on the same terms and may only vary based on the number of individuals covered, and (3) is not required to provide continuation coverage. Employer contributions to a reimbursement arrangement are not included in an employee's gross income if the employee was covered by the reimbursement arrangement for more than nine months of the year. Employees covered for less than nine months have a percentage of employer contributions included in their gross income, with exceptions. An employee offered affordable individual health insurance coverage under a reimbursement arrangement is not eligible for a premium assistance tax credit. Employers must report contributions to a reimbursement arrangement on their employees' W-2. This bill amends the Public Health Service Act to exempt reimbursement arrangements from requirements for health insurance coverage. Insurance offered under a reimbursement arrangement remains subject to the requirements.

Educator Tax Relief Act of 2015

United States · United States Congress · 25 June 2015

Educator Tax Relief Act of 2015 Amends the Internal Revenue Code, with respect to the tax deduction for the expenses of elementary and secondary school teachers, to: (1) allow an inflation adjustment to the amount of such deduction for taxable years beginning after 2014, (2) allow the deduction of professional development expenses, and (3) make such deduction permanent.

Western Water and American Food Security Act of 2015

United States · United States Congress · 25 June 2015

Western Water and American Food Security Act of 2015 Defines: (1) "Delta" as the Sacramento-San Joaquin Delta and the Suisun Marsh; and (2) "negative impact on the long-term survival" as an appreciable reduction in the likelihood of the survival of a listed species in the wild by reducing the reproduction, numbers, or distribution of that species. TITLE I--ADJUSTING DELTA SMELT MANAGEMENT BASED ON INCREASED REAL-TIME MONITORING AND UPDATED SCIENCE Requires the U.S. Fish and Wildlife Service (USFWS), by October 1, 2016, and at least every five years thereafter, to cooperate with federal, California, and local agencies to use updated scientific and commercial data to modify the calculation of incidental take levels for adult and larval/juvenile Delta smelt in the biological opinion for the Central Valley Project (CVP) and the State Water Project (SWP) issued by the USFWS on December 15, 2008. Directs the USFWS to implement and make appropriate amendments to the reasonable and prudent alternative described in that smelt biological opinion. Requires the Department of the Interior to make all significant decisions in writing under the smelt opinion and any successor opinions affecting the CVP or the SWP. Requires Interior, on an annual basis, to determine: (1) the extent that adult Delta smelt are distributed in relation to certain levels of turbidity or other environmental factors that may influence salvage rate, and (2) how the CVP and SWP may be operated to minimize salvage while maximizing export pumping rates without causing a significant negative impact on the long-term survival of the Delta smelt. Requires Interior, if suspended sediment loads from the Sacramento River appear likely to raise turbidity levels in specified areas during each period from December through March, to conduct daily monitoring to determine how increased trawling can inform real-time CVP and SWP operations. Directs Interior, by January 1, 2016, and at least every five years thereafter, in collaboration with the California Department of Fish and Wildlife (CDFW), the California Department of Water Resources, public water agencies, and other interested entities, to implement new targeted sampling and monitoring specifically designed to understand Delta smelt abundance, distribution, and habitats during all life stages. Requires Interior, in implementing the smelt biological opinion pertaining to reverse flow in the Old and Middle River (OMR), to maximize CVP and SWP water supplies by managing export pumping rates to a reverse flow rate of -5,000 cubic feet per second, unless Interior provides documentation concluding that a less negative OMR flow rate is necessary to avoid a negative impact on the long-term survival of Delta smelt. Directs Interior to manage a more negative OMR flow rate if it can be established without an imminent negative impact. Requires the Bureau of Reclamation (Reclamation) and the USFWS to execute a memorandum of understanding (MOU) to ensure that the smelt biological opinion is implemented in a manner that maximizes water supply while complying with applicable laws and regulations. Provides a framework under which reinitiation of consultation is unnecessary if any changes that the MOU makes to the biological opinion will not have a significant negative impact on the long-term survival on listed species and would not be a major change to implementation of the biological opinion. Prohibits procedural changes that do not create a significant negative impact on long-term survival from altering application of the take permitted by the incidental take statement in the biological opinion. Directs Interior, for purposes of increasing CVP and SWP water supplies, to revise the method of calculating reverse flow in the OMR for implementation of the reasonable and prudent alternatives in the USFWS's smelt biological opinion, the salmonid biological opinion issued by the National Marine Fisheries Service (NMFS) on June 4, 2009, and any succeeding opinion. TITLE II--ENSURING SALMONID MANAGEMENT IS RESPONSIVE TO NEW SCIENCE Establishes a process for Reclamation and the Assistant Administrator of National Oceanic and Atmospheric Administration for Fisheries to provide for implementation of the reasonable and prudent alternative described in the NMFS's salmonid biological opinion to be adjusted as new scientific and commercial data is developed. Requires Interior and the Department of Commerce, annually, to direct Reclamation and the Assistant Administrator to implement certain recommended adjustments to project operations that, in the exercise of the adaptive management provisions of the salmonid biological opinion, will reduce water supply impacts of the salmonid biological opinion on the CVP and the SWP. Requires implementation of adjustments for which: (1) the net effect on listed salmonid species and the Delta smelt is equivalent to those of the underlying project operational parameters in the salmonid biological opinion, and (2) the effects of the adjustment can be expected to fall within incidental take authorizations. Requires Reclamation and the Assistant Administrator to evaluate potential species survival improvements likely to result from other measures that, if implemented, would offset adverse effects. Requires the Assistant Administrator to compare existing measures to increase through-Delta survival of salmonid through restrictions on export pumping rates to possible alternative management measures to increase salmonid survival through: (1) physical habitat restoration improvements, (2) predation control programs, (3) installation of temporary barriers or management of Cross Channel Gates operations, (4) salvaging near Clifton Court Forebay, or (5) conservation hatchery programs. Directs Reclamation to implement such an alternative measure in order to increase export rates if the Assistant Administrator determines that: (1) the alternative measure is technically feasible and within federal jurisdiction, or (2) California or a local agency has certified that it has the authority and capability to implement the alternative measure. Requires Commerce and California's Oakdale and South San Joaquin Irrigation Districts to conduct a nonnative predator fish removal program to remove nonnative striped bass, smallmouth bass, largemouth bass, black bass, and other nonnative predator fish species from the Stanislaus River. Requires the districts to be responsible for 100% of the cost of the program. TITLE III--OPERATIONAL FLEXIBILITY AND DROUGHT RELIEF Requires the Departments of Agriculture (USDA), Commerce, and the Interior to approve projects and operations to provide the maximum quantity of water supplies practicable (to all individuals or districts that receive CVP water under water service or repayment contracts, water rights settlement contracts, exchange contracts, or refuge contracts or agreements, to SWP contractors, and to any other tribe, locality, water agency, or municipality in California) to address the emergency drought conditions for the period of time such that in any year that the Sacramento Valley Index is 6.5 or lower, or at California's request, and until two succeeding years after either of those events has been completed where the final index is 7.8 or greater. Provides for: (1) temporary barriers or operable gates to be designed so that formal consultations under the Endangered Species Act of 1973 (ESA) are not necessary; (2) adoption of a 1:1 inflow to export ratio under specified conditions, as measured as a three-day running average at Vernalis during the period beginning on April 1, and ending on May 31, absent a determination in writing that a more restrictive inflow to export ratio is required to avoid a significant negative impact on the long-term survival of a listed salmonid species under the ESA; and (3) water transfers through the C.W. "Bill" Jones Pumping Plant or the Harvey O. Banks Pumping Plant from April 1 to November 30 if the transfers comply with California law. Provides expedited procedures for consideration of requests by the California governor relating to federal, state, or local projects or operations to provide relief for emergency drought conditions. Allows USDA, Commerce, or Interior to deem alternative arrangements for a project to be in compliance with the National Environmental Policy Act of 1969 (NEPA) during emergency drought conditions if immediate implementation is necessary to address: (1) human health and safety, or (2) a specific and imminent loss of agriculture production upon which an identifiable region depends for 25% or more of its tax revenue used to support public services. Sets forth requirements concerning: (1) development of drought plans; (2) operation of the Delta Cross Channel Gates; (3) the averaging period of the Delta Export/Inflow ratio pursuant to California State Water Resources Control Board decision D1641; (4) use of groundwater resources, implementation of offsite upstream projects in the Delta and upstream of the Sacramento River and San Joaquin basins, management of reverse flow in the OMR, and actions to expedite CVP water transfers; (5) a program to allow certain agricultural, refuge, municipal, and industrial water service contractors to reschedule water provided for under CVP contracts from one year to the next; and (6) implementation of the Modified Lower American River Flow Management Standard to improve water supply reliability for CVP American River water contractors and resource protection in the lower American River during consecutive dry years under current and future demand and climate change conditions. Repeals the San Joaquin River Restoration Settlement Act and the related settlement. Deems certain fish and game requirements to be satisfied by the existence of a warm water fishery in the San Joaquin River that has an environment suitable for species of fish other than salmon and trout. TITLE IV--CALFED STORAGE FEASIBILITY STUDIES Establishes deadlines for water storage feasibility studies concerning specified dams and reservoirs under Calfed Bay-Delta Authorization Act. Requires Interior, if it finds the Temperance Flat Reservoir Project on the Upper San Joaquin River to be feasible, to manage land recommended in the Bakersfield Field Office, Record of Decision and Approved Resource Management Plan (dated December 2014) for designation under the Wild and Scenic Rivers Act, regardless of whether Interior submits any official recommendation to Congress. Allows Reclamation to partner or enter into an agreement on certain water storage projects identified in the Water Supply Reliability and Environmental Improvement Act with local joint powers authorities formed pursuant to state law by irrigation districts and other local water districts and local governments within the applicable hydrologic region. Authorizes Interior to carry out feasible projects, but prohibits federal funds from being used for construction. TITLE V--WATER RIGHTS PROTECTIONS Directs Interior to confer with the CDFW on potential impacts to any consistency determination for operations of the SWP resulting from the implementation of this Act. Requires Interior, in the operation of the CVP, to adhere to California laws governing water rights priorities and honor water rights senior to those held by the United States for operation of the CVP, regardless of the source of priority, including any appropriative water rights initiated prior to December 19, 1914. Requires Interior to ensure that actions taken to comply with environmental laws do not: (1) result in the involuntary reduction of water supply or fiscal impacts to recipients of water from either the SWP or the United States, or (2) cause redirected adverse water supply or fiscal impacts to those within the Sacramento River or San Joaquin River watersheds or the SWP service area. Directs Interior, in the operation of the CVP, to allocate water provided for irrigation purposes to existing CVP agricultural water service contractors within the Sacramento River Watershed in compliance with specified allocation percentages. Makes Interior's allocations subject to: (1) the priority of individuals or entities with Sacramento River water rights, (2) the U.S. obligation to make a substitute supply of water available to the San Joaquin River Exchange Contractors, and (3) Interior's obligation to make water available to managed wetlands pursuant to the Central Valley Project Improvement Act. Declares that Interior's allocation authority shall not be deemed to: (1) modify any provision of a water service contract that addresses municipal and industrial water shortage policies; (2) affect or limit Interior's authority to adopt, modify, or implement municipal and industrial water shortage policies; (3) affect allocations to CVP municipal and industrial contractors, including the utilization of such allocations as primary water sources for such contractors for purposes of calculating municipal and industrial water shortages; or (4) result in the involuntary reduction in contract water allocations to individuals or entities with contracts to receive water from the Friant Division. Requires Interior to develop and implement a program to allow existing CVP agricultural water service contractors within the Sacramento River Watershed to reschedule water, provided for under their water service contracts, from one year to the next. Declares that nothing in this Act preempts or modifies any existing obligation of the United States under federal reclamation law to operate the CVP in conformity with state law, including established water rights priorities. TITLE VI--MISCELLANEOUS Includes the Kettleman City Community Services District within the CVP's authorized service area. Requires Interior to enter a long-term contract with such district for the delivery of up to 900 acre-feet of CVP water for municipal and industrial use, limited to the minimal quantity necessary to meet immediate needs if local supplies or SWP allocations are insufficient. Amends the Central Valley Project Improvement Act to establish an advisory board to make recommendations to the Secretary of the Interior regarding expenditures from the Central Valley Project Restoration Fund. Sets forth requirements concerning: (1) the accounting of CVP water credited to the quantity of CVP yield, and (2) implementation of an updated plan to increase the yield of the CVP by the amount dedicated to fish and wildlife purposes. Prohibits Interior and Commerce from distinguishing between natural-spawned and hatchery-spawned or otherwise artificially propagated strains of a species in making any determination under the ESA that relates to any anadromous or pelagic fish species that resides in the Sacramento-San Joaquin Delta or tributary rivers. Directs Interior to negotiate with interested local water and power providers to transfer ownership, control, and operation of the CVP's New Melones Unit to interested local water and power providers in California. Directs Reclamation, in carrying out the climate change adaptation program, to expand opportunities and expedite assessments, with nonfederal partners, of risks to the water supply of sub-basins and watersheds within major Reclamation river basins. Requires Reclamation to ensure timely decision and expedited implementation of adaptation and mitigation strategies developed through the special study process. Makes nonfederal partners responsible for 100% of the special study costs. Prohibits Interior, in operation of the CVP's Trinity River Division, from making releases from Lewiston Dam in excess of the volume for each water-year type (i.e., critically dry, dry, normal, wet, extremely wet) required by Interior's record of decision in the Trinity River Mainstem Fishery Restoration Final Environmental Impact Statement/Environmental Impact Report dated December 2000. Restricts the definition of "anadromous fish" under the Central Valley Project Improvement Act to mean only native stocks of salmon (including steelhead) and sturgeon that were present in the Sacramento and San Joaquin Rivers as of October 30, 1992, and that ascend those rivers and their tributaries to reproduce after maturing in San Francisco Bay or the Pacific Ocean. TITLE VII--WATER SUPPLY PERMITTING ACT Water Supply Permitting Coordination Act Establishes Reclamation as the lead agency for purposes of coordinating all reviews, analyses, opinions, statements, permits, licenses, or other approvals or decisions (reviews) required under federal law to construct qualifying projects (defined as new surface water storage projects in the states covered under the Act of June 17, 1902, and Acts supplemental to and amendatory of that Act on lands administered by Interior or USDA, exclusive of any easement, right-of-way, lease, or any private holding). Directs Reclamation: (1) upon receipt of an application for a qualifying project, to identify any federal agency that may have jurisdiction over a required review; and (2) to notify such agency that it has been designated as a cooperating agency unless the agency notifies Reclamation that the agency has no jurisdiction or authority over the project, has no expertise or information relevant to the project or any associated review, or does not intend to submit comments other than in cooperation with Reclamation. Requires each cooperating agency to submit to Reclamation: (1) a time frame for completing the agency's authorizing responsibilities, (2) all environmental review material produced in the course of carrying out activities required under federal law consistent with the project schedule, and (3) all relevant project data. Allows a state in which a qualifying project is being considered to choose to: (1) participate as a cooperating agency; and (2) make subject to the processes of this title all state agencies that have jurisdiction over the project, that are required to conduct or issue a review, or that are required to make a determination on issuing a permit, license, or approval for the project. Lists as Reclamation's principal responsibilities under this title: (1) to serve as the point of contact for applicants, state agencies, Indian tribes, and others regarding proposed qualifying projects; (2) to coordinate preparation of unified environmental documentation that will serve as the basis for all federal decisions necessary to authorize the use of federal lands for qualifying projects; and (3) to coordinate all federal agency reviews necessary for the development and construction of qualifying projects. Authorizes Interior to accept and expend funds contributed by a nonfederal public entity to expedite the evaluation of a permit of that entity related to a qualifying project. Directs Interior to ensure that all final permit decisions are made available to the public, including on the Internet. TITLE VIII--BUREAU OF RECLAMATION PROJECT STREAMLINING Bureau of Reclamation Project Streamlining Act Sets forth provisions governing feasibility studies for water projects initiated by Interior under the Reclamation Act of 1902 (project studies). Requires a project study initiated after enactment of this title to: (1) result in the completion of a final feasibility report within three years; (2) have a maximum federal cost of $3 million; and (3) ensure that personnel from the local project area, region, and Reclamation's headquarters levels concurrently conduct the required review. Sets forth factors for extending such time line for complex projects. Requires Interior, within 90 days after the initiation of a project study, to: (1) initiate the process for completing reviews, including environmental reviews, required to be completed as part of such study; (2) convene a meeting of federal, tribal, and state agencies required to act; and (3) provide information that will enable required reviews and analyses to be conducted by other agencies in a thorough and timely manner. Directs Interior to: (1) expedite the completion of any ongoing project study initiated before the enactment of this title; and (2) proceed directly to preconstruction planning, engineering, and design of a project that it determines is justified. Sets forth requirements applicable to: (1) project studies initiated after enactment of this title for which an environmental impact statement is prepared under NEPA; (2) other project studies initiated before such enactment for which an environmental review process document is prepared under NEPA; and (3) any project study for the development of a nonfederally owned and operated surface water storage project for which Interior determines there is a demonstrable federal interest and that is located in a river basin where other Reclamation water projects are located, that will create additional water supplies that support Reclamation water projects, or that will become integrated into the operation of Reclamation water projects. Requires Interior to: annually prepare a list of all such studies that do not have adequate funding for study completion; develop and implement a coordinated environmental review process for the development of such studies; identify early all federal, state, and local government agencies and Indian tribes that may have jurisdiction and that may be required to act, which the federal lead agency shall invite to become participating or cooperating agencies; issue guidance regarding the use of programmatic approaches to carry out the environmental review process; and establish an electronic database and issue reporting requirements to make publicly available the status and progress with respect to compliance with applicable NEPA requirements and other action required for a project study. Sets forth the authorities and responsibilities of the joint lead agency, which may be a project sponsor, and the federal lead agency in the environmental review process, including: (1) the preparation and use of environmental documents; (2) establishing a plan for coordinating public and agency participation; (3) working with cooperating and participating agencies to identify and resolve issues that could delay process completion or result in the denial of any approval required for the project study; and (4) establishing, upon request, memoranda of agreement with the project sponsor, Indian tribes, and state and local governments to carry out the early coordination activities. Requires a federal lead agency to serve in that capacity for the entirety of all nonfederal projects that will be integrated into a larger system owned, operated, or administered by Reclamation. Directs Interior, upon determining that a project can be expedited by a nonfederal sponsor and that there is a demonstrable federal interest in expediting the project, to advance it as a nonfederal project. Requires a federal jurisdictional agency to complete any required approval or decision for the environmental review process on an expeditious basis. Provides for a reduction of funds for such an agency that fails to render such a decision by a specified deadline. Directs Interior to: (1) survey the use by Reclamation of categorical exclusions in projects since 2005 and propose a new categorical exclusion for a category of activities if merited, and (2) establish a program to measure and report on progress made toward improving and expediting the planning and environmental review process. Requires Interior to develop and submit annually a Report to Congress on Future Water Project Development that identifies: (1) the costs and benefits of, the nonfederal interests associated with, and the support for project reports, proposed project studies, and proposed modifications to authorized water projects and project studies that are related to Reclamation's missions and authorities, that require specific congressional authorization, that have not been congressionally authorized, that have not been included in any previous annual report, and that, if authorized, could be carried out by Reclamation; and (2) any project study that was expedited under this title. Specifies surface water storage, rural water supply, wastewater, and groundwater projects to be included in such studies and reports. TITLE IX--ACCELERATED REVENUE, REPAYMENT, AND SURFACE WATER STORAGE ENHANCEMENT Accelerated Revenue, Repayment, and Surface Water Storage Enhancement Act Directs Interior to convert certain existing water service contracts between the United States and water users' associations to repayment contracts to allow for prepayment of such contracts, upon the request of the contractor. Specifies the manner of conversion and the terms and conditions of prepayment. Requires a specified percentage of certain receipts generated from prepayment of contracts under this title, beyond amounts necessary to cover the amount of receipts forgone from scheduled payments under current law for the 10-year period following the enactment of this title, to be directed to the Reclamation Surface Water Storage Account. Requires the Secretary to allocate amounts in such Account to fund the construction of surface water storage for: increased municipal and industrial water supply; agricultural floodwater, erosion, and sedimentation reduction; agricultural drainage improvements; agricultural irrigation; increased recreation opportunities; and reduced adverse impacts to fish and wildlife from water storage or diversion projects within watersheds associated with water storage projects funded under this Act. TITLE X--SAFETY OF DAMS Amends the Reclamation Safety of Dams Act of 1978 to authorize Interior, subject to a feasibility study, to develop additional project benefits (including additional conservation storage capacity) through the construction of new or supplementary works when it exercises its authority to modify Reclamation dams and related facilities to preserve their structural safety, provided that: (1) the additional project benefits will promote more efficient management of water and water-related facilities, (2) the feasibility study is authorized under the Federal Water Project Recreation Act of 1965, and (3) the costs are allocated to the authorized purposes of the structure and repaid consistent with federal reclamation law. TITLE XI--WATER RIGHTS PROTECTION Water Rights Protection Act Prohibits Interior and USDA from: conditioning or withholding the issuance, renewal, amendment, or extension of any permit, approval, license, lease, allotment, easement, right-of-way, or other land use or occupancy agreement (permit) on the limitation or encumbrance of any water right or the transfer of any water right to the United States or any other designee or on any other impairment of any water right under state law by federal or state action; requiring any water user (including a federally recognized Indian tribe) to apply for or acquire a water right in the name of the United States under state law as a condition of such a permit; asserting jurisdiction over groundwater withdrawals or impacts on groundwater resources, unless consistent with state groundwater resource laws, regulations, and policies; or infringing on the rights and obligations of a state in evaluating, allocating, and adjudicating state waters originating on or under, or flowing from, land owned or managed by the federal government.

Future TRIP Act

United States · United States Congress · 25 June 2015

Future Transportation Research and Innovation for Prosperity Act or the Future TRIP Act This bill directs the Department of Transportation (DOT) to establish: an Automated and Connected Vehicle Research Initiative for the broad scale adoption of automated vehicle technology, and a competitively selected Intelligent Transportation Systems Science & Technology Center. The bill revises requirements for the university transportation centers program. Each nonprofit institution of higher education (other than the lead nonprofit institution of higher education of a consortium of such institutions) may only submit to DOT one grant application per fiscal year to establish and operate a national, regional, or tier one university transportation center. The Office of Science and Technology Policy of the Executive Office of the President shall convene an interagency working group to assist DOT in implementing a strategic research and development plan for DOT transportation research programs. The bill reauthorizes, and revises requirements for, the technology and accelerated innovation deployment program. In carrying out such program, DOT shall: establish workshops to promote innovations in highway transportation; and provide assistance in establishing regional, state, and local technology needs, such as through frameworks developed in the National Cooperative Highway Research Program Report 750. Certain amounts of a state's apportionment of federal-aid highway funds for state transportation planning and research shall be available for: travel for research and technology, and activities and training related to developing a culture of innovation and adoption of innovative technologies with respect to highway programs. The Bureau of Transportation Statistics shall establish: a Travel Data Initiative, and a pilot program to evaluate freight data collection and reporting measures. DOT shall establish a national cooperative freight transportation research program. The bill reauthorizes, and revises requirements for, the program for commercial remote sensing products and spatial information technologies.

Build a Better VA Act

United States · United States Congress · 25 June 2015

Build a Better VA Act This bill prohibits funds from being appropriated for any fiscal year for a major medical facility lease unless the House and Senate Veterans Committees adopt resolutions approving the lease.

Craft Beverage Modernization and Tax Reform Act of 2015

United States · United States Congress · 25 June 2015

Craft Beverage Modernization and Tax Reform Act of 2015 Amends the Internal Revenue Code to: allow taxpayers who are liable for not more than $50,000 per year in excise taxes on distilled spirits, wine, or beer to file and pay such taxes quarterly without the requirement of posting a bond covering the operations and withdrawals of such distilled spirits, wines, or beer; allow such taxpayers who reasonably expect to have a tax liability of not more than $1,000 per year and who were liable for not more than $1,000 in taxes in the preceding calendar year to file and pay such taxes annually rather than quarterly; exclude the aging period from the production period for beer, wine, or distilled spirits for purposes of determining whether a taxpayer can expense, rather than capitalize, interest costs paid or incurred during the production period; reduce excise tax rates on beer, wine, and distilled spirits produced in the United States; permit the transfer of beer between bonded facilities without payment of tax; modify the definition of "hard cider" for excise tax purposes; and exempt home distillery establishments that produce distilled spirits solely for personal or family use from excise tax and bonding requirements. Directs the Department of the Treasury to amend applicable Treasury regulations with respect to the use of wholesome products suitable for human consumption in the production of fermented beverages. Amends the Balanced Budget and Emergency Deficit Control Act of 1985 to establish funding levels in FY2016-FY2021 for the enforcement and compliance activities of the Alcohol and Tobacco Tax and Trade Bureau.

A bill to amend title 23, United States Code, to reduce the funding available for a State under the national highway performance program and the surface transportation program if the State issues a license plate that contains an image of a flag of the Confederate States of America, including the Battle Flag of the Confederate States of America.

United States · United States Congress · 25 June 2015

This bill requires the amounts apportioned to a state under the national highway performance program and the surface transportation program to be reduced by 5% for: (1) each fiscal year beginning after enactment of this Act in which the state issues a license plate that contains an image of a flag of the Confederate States of America; and (2) each fiscal year beginning with the second fiscal year after enactment of this Act in which the state allows such a license plate issued before the fiscal year beginning after enactment of this Act to be displayed on a motor vehicle registered in the state.

New Columbia Admission Act

United States · United States Congress · 25 June 2015

New Columbia Admission Act Sets forth procedures for admission into the United States of the state of New Columbia. Requires the Mayor of the District of Columbia to: (1) submit to the eligible voters propositions for statehood and adoption of a State Constitution, and (2) issue a proclamation for the first elections to Congress of two Senators and one Representative of New Columbia. Requires the President, upon adoption of such propositions and certification of such elections, to issue a proclamation announcing the results and admitting New Columbia into the Union. Provides for conversion of District government offices to state offices. Provides that New Columbia shall consist of all territory of the District as of enactment of this Act, excluding land within specified metes and bounds that shall remain the District of Columbia and that shall include the principal federal monuments, the White House, the Capitol Building, the Supreme Court Building, the federal executive, legislative, and judicial office buildings located adjacent to the Mall and the Capitol Building, and certain military property. Prohibits New Columbia from imposing taxes on federal property except as provided by Congress. Maintains the applicability to New Columbia of current District laws and continues pending judicial proceedings. Maintains: (1) the District of Columbia as the seat of the federal government, and (2) the federal government's authority over military lands and specified other property. Requires each state that is the last place an individual resided before residing in the District of Columbia to permit such individual to vote in federal elections by absentee ballot. Sets forth a rule for expedited consideration of a joint resolution proposing an amendment to the Constitution to repeal the 23rd amendment (which provides for the appointment of electors for President and Vice President for the District).

Offshore Reinsurance Tax Fairness Act

United States · United States Congress · 25 June 2015

Offshore Reinsurance Tax Fairness Act Amends the Internal Revenue Code to define "qualifying insurance corporation," for purposes of the insurance business exception to passive foreign investment company rules, as a foreign corporation: (1) that would be subject to U.S. taxation if it were a domestic corporation, and (2) the applicable insurance liabilities of which constitute more than 25% of its total assets. Allows an alternative facts and circumstances test for insurance corporations whose applicable insurance liabilities are not at least 25% of total assets if such percentage is at least 10% and the corporation is predominantly engaged in an insurance business.

Carried Interest Fairness Act of 2015

United States · United States Congress · 25 June 2015

Carried Interest Fairness Act of 201 5   Amends the Internal Revenue Code to: (1) set forth a special rule for the inclusion in gross income of partnership interests transferred in connection with the performance of services, (2) treat as ordinary income the net capital gain with respect to an investment services partnership interest except to the extent such gain is attributable to a partner's qualified capital interest, (3) exempt income from investment services partnership interests from treatment as qualifying income of a publicly traded partnership, (4) exempt certain family partnerships from the application of this Act; (5) increase the penalty for underpayments of tax resulting from failure to treat income from an investment services partnership interest as ordinary income, and (6) include income and loss from an investment services partnership interest for purposes of determining net earnings from self-employment and applicable self-employment taxes. Defines "investment services partnership interest" as any interest in a partnership held by a person who provides services to a partnership by: (1) advising the partnership about investing in, purchasing, or selling specified assets; (2) managing, acquiring, or disposing of specified assets; or (3) arranging financing with respect to acquiring specified assets.

Responsible Estate Tax Act

United States · United States Congress · 25 June 2015

Responsible Estate Tax Act Amends the Internal Revenue Code, with respect to estate, gift, and generation-skipping transfer taxes, to: (1) revise estate tax rates to impose an increased tax for estates over $3.5 million and a maximum tax rate of 55% for estates over $50 million, (2) impose a 10% surtax on estates over $500 million, (3) reduce the basic estate tax exclusion amount to $3.5 million, (4) increase to $3 million the reduction in valuations of farmland for estate tax purposes and adjust such increased amount for inflation after 2014, and (5) increase to $2 million the maximum estate tax exclusion for contributions of conservation easements. Requires that the value of the basis in any property acquired from a decedent or by gift be consistent with the basis as determined for estate and gift tax purposes. Requires executors of estates and donors of gifts required to file a gift tax return to disclose to the Department of the Treasury, and to recipients of any interest in an estate or a gift, information identifying the value of each interest received. Sets forth estate valuation rules for certain transfers of nonbusiness assets and limits estate tax discounts for certain individuals with minority interests in a business acquired from a decedent. Expands rules for valuing assets in grantor retained annuity trusts to require that: (1) the right to receive fixed amounts from an annuity last for a term of not less than 10 years and that such fixed amounts not decrease during the first 10 years of the annuity term, and (2) the remainder interest have a value greater than 10% when transferred. Sets forth rules for the application of transfer taxes to a grantor trust (a trust in which the grantor retains control over the trust assets and has the right to receive income from the trust). Eliminates the generation-skipping transfer tax exemption for any trust whose termination date is not greater than 50 years after its creation. Modifies the annual gift tax exclusion (currently, $14,000 per donee) to limit the aggregate annual amount of such exclusion to twice the current exclusion amount for certain types of transfers, specifically a transfer in trust, a transfer of an interest in a pass through entity, a transfer of an interest subject to a prohibition on sale, and any other transfer of property that cannot be immediately liquidated by the donee.

Incentivize Corporate America Act of 2015

United States · United States Congress · 25 June 2015

Incentivize Corporate America Act of 2015 Amends the Internal Revenue Code to revise the income tax rates on corporations to impose a single 20% rate on corporate taxable income.

Sound Dollar Act of 2015

United States · United States Congress · 25 June 2015

Sound Dollar Act of 2015 Amends the Federal Reserve Act (FRA) to direct the Board of Governors of the Federal Reserve System (Board) and the Federal Open Market Committee (FOMC) to: (1) pursue the goal of long-term price stability, and (2) establish metrics to evaluate whether long-term price stability is being achieved. Prescribes procedures for the establishment and evaluation of such metrics. Directs the Board and the FOMC to: (1) make such information available to the public on a website, and (2) report to Congress each time such metrics are set or revised. Directs the Board to include in its semiannual report to Congress: (1) the results of the evaluation process, (2) whether the goal of long-term price stability is being met, (3) the main monetary policy instruments and strategy used by the Board and the FOMC to achieve long-term price stability, and (4) an analysis of how the policies of the Board and the FOMC are affecting the foreign exchange rate value of the U.S. dollar. Directs the Board to clearly articulate its lender-of-last-resort policy. Revamps FOMC membership to consist of one representative from each of the Federal Reserve banks (in addition to members of the Board). Directs the FOMC to release meeting transcripts to the public within three years after each meeting. Redesignates the Department of the Treasury stabilization fund as the Special Drawing Rights Fund. Instructs the Secretary of the Treasury to liquidate all property in the Fund (other than Special Drawing Rights) and to use all such amounts to reduce the public debt. Limits the availability of the Fund solely to stabilize exchange rates and arrangements. Repeals Treasury authority to deal in U.S. instruments of credit and securities. Permits only Special Drawing Rights to be deposited into the Fund. Requires funds that would otherwise have been deposited into the Fund to be paid, instead, to the Treasury to reduce the public debt. Amends the FRA to authorize the FOMC, in unusual and exigent circumstances, by the affirmative vote of two-thirds of its members, to grant any Federal Reserve bank emergency authority to buy and sell U.S. debt obligations and revenue bonds in anticipation of the collection of taxes or the receipt of assured revenues by any state or local governmental entity, as well as obligations of, or guaranteed by, a foreign government or agency. Amends the Consumer Financial Protection Act of 2010 to repeal: (1) Board funding of the Consumer Financial Protection Bureau (CFPB) as determined by the CFPB, and (2) the CFPB Fund.

Responsible Estate Tax Act

United States · United States Congress · 25 June 2015

Responsible Estate Tax Act Amends the Internal Revenue Code, with respect to estate, gift, and generation-skipping transfer taxes, to: (1) revise estate tax rates to impose an increased tax for estates over $3.5 million and a maximum tax rate of 55% for estates over $50 million, (2) impose a 10% surtax on estates over $500 million, (3) reduce the basic estate tax exclusion amount to $3.5 million, (4) increase to $3 million the reduction in valuations of farmland for estate tax purposes and adjust such increased amount for inflation after 2014, and (5) increase to $2 million the maximum estate tax exclusion for contributions of conservation easements. Requires that the value of the basis in any property acquired from a decedent or by gift be consistent with the basis as determined for estate and gift tax purposes. Requires executors of estates and donors of gifts required to file a gift tax return to disclose to the Department of the Treasury, and to recipients of any interest in an estate or a gift, information identifying the value of each interest received. Sets forth estate valuation rules for certain transfers of nonbusiness assets and limits estate tax discounts for certain individuals with minority interests in a business acquired from a decedent. Expands rules for valuing assets in grantor retained annuity trusts to require that: (1) the right to receive fixed amounts from an annuity last for a term of not less than 10 years and that such fixed amounts not decrease during the first 10 years of the annuity term, and (2) the remainder interest have a value greater than 10% when transferred. Sets forth rules for the application of transfer taxes to a grantor trust (a trust in which the grantor retains control over the trust assets and has the right to receive income from the trust). Eliminates the generation-skipping transfer tax exemption for any trust whose termination date is not greater than 50 years after its creation. Modifies the annual gift tax exclusion (currently, $14,000 per donee) to limit the aggregate annual amount of such exclusion to twice the current exclusion amount for certain types of transfers, specifically a transfer in trust, a transfer of an interest in a pass through entity, a transfer of an interest subject to a prohibition on sale, and any other transfer of property that cannot be immediately liquidated by the donee.

To amend the Internal Revenue Code of 1986 to inflation adjust the $5,000 limitation with respect to dependent care assistance programs and flexible spending arrangements.

United States · United States Congress · 25 June 2015

This bill amends the Internal Revenue Code to provide for an annual adjustment for inflation in taxable years beginning after 2015 to the $5,000 exclusion from the gross income of employees who receive employer-provided dependent care assistance.

Modernizing American Manufacturing Bonds Act

United States · United States Congress · 25 June 2015

Modernizing American Manufacturing Bonds Act Amends the Internal Revenue Code, with respect to qualified small issue bonds for manufacturing purposes, to: (1) expand the definition of "manufacturing facility" to include a facility which is used in the creation or production of intangible property and which is functionally related and subordinate to a facility located on the same site and financed with not more than 25% of bond proceeds, and (2) increase from $10 million to $30 million the maximum bond limitation.

Carried Interest Fairness Act of 2015

United States · United States Congress · 25 June 2015

Carried Interest Fairness Act of 201 5   Amends the Internal Revenue Code to: (1) set forth a special rule for the inclusion in gross income of partnership interests transferred in connection with the performance of services, (2) treat as ordinary income the net capital gain with respect to an investment services partnership interest except to the extent such gain is attributable to a partner's qualified capital interest, (3) exempt income from investment services partnership interests from treatment as qualifying income of a publicly traded partnership, (4) exempt certain family partnerships from the application of this Act; (5) increase the penalty for underpayments of tax resulting from failure to treat income from an investment services partnership interest as ordinary income, and (6) include income and loss from an investment services partnership interest for purposes of determining net earnings from self-employment and applicable self-employment taxes. Defines "investment services partnership interest" as any interest in a partnership held by a person who provides services to a partnership by: (1) advising the partnership about investing in, purchasing, or selling specified assets; (2) managing, acquiring, or disposing of specified assets; or (3) arranging financing with respect to acquiring specified assets.

Returning to the Senate H.R. 1735, a bill to authorize appropriations for fiscal year 2016 for military activities of the Department of Defense, for military construction, and for defense activities of the Department of Energy, to prescribe military personnel strengths for such fiscal year, and for other purposes, with the Senate amendment thereto.

United States · United States Congress · 25 June 2015

Returns to the Senate H.R. 1735 (National Defense Authorization Act for Fiscal Year 2016) with the Senate amendment because, in the opinion of the House of Representatives, the Senate amendment contravenes the clause of the Constitution requiring bills raising revenue to originate in the House and is an infringement of the privileges of the House.

Small Business Health Fairness Act of 2015

United States · United States Congress · 24 June 2015

Small Business Health Fairness Act of 2015 Amends the Employee Retirement Income Security Act of 1974 (ERISA) to provide for establishment and governance of association health plans (AHPs), which are group health plans whose sponsors are trade, industry, professional, chamber of commerce, or similar business associations, and which meet certain ERISA certification requirements. Prescribes rules governing AHPs, including requirements relating to certification, sponsors and boards of trustees, participation and coverage, nondiscrimination, contribution rates, notice of voluntary termination, correction actions, and mandatory termination. Establishes the Association Health Plan Fund to be used to make payments to an insurer to maintain coverage for a plan if there is a reasonable expectation that, without such payments, claims would not be satisfied by reason of termination of coverage. Requires the Secretary of Labor to establish a Solvency Standards Working Group. Allows a state to impose a contribution tax on an association health plan that commenced operations in such state after the enactment of this Act. Preempts any state law that may preclude a health insurance issuer from: (1) offering health insurance coverage in connection with a certified AHP; or (2) offering health insurance coverage of the same policy type to other employers operating in the state that are eligible for coverage under such AHPs, whether or not such other employers are participating employers in such plan. Subjects to criminal penalties a person who willfully makes false representations with respect to an AHP.

STORIS Act

United States · United States Congress · 24 June 2015

Ships to be Recycled in the States Act or the STORIS Act This bill requires the Department of Transportation (DOT), in coordination with the Department of the Navy, to report to Congress on the program for disposal of government-owned merchant vessels as well as on any other disposal of obsolete government-owned vessels. The Government Accountability Office shall audit all excess federal government vessel sales contracts, including resulting receivables and expenditures, entered into by the Maritime Administration during a specified period. The bill repeals authority to scrap any vessel sold from the National Defense Reserve Fleet in an approved foreign market without obtaining additional separate DOT approval to transfer the vessel to a person not a U.S. citizen. The Floyd D. Spence National Defense Authorization Act for Fiscal Year 2001 is amended to revise requirements for the selection of qualified scrapping facilities. The Toxic Substances Control Act is amended to declare that nothing in the mandate for the Environmental Protection Agency (EPA) to regulate polychlorinated biphenyls (PCBs) shall be construed to prohibit the dismantling of a vessel or marine structure in order to recycle recovered materials. If PCBs are found or suspected, the person dismantling the vessel or marine structure must comply with specified requirements for informing the EPA and disposing of the PCBs. The bill repeals authorization for any foreign country to apply for an obsolete vessel to be used for an artificial reef. The Maritime Administration shall make public on its website the full text of each memorandum of agreement and similar agreement between the Maritime Administration and any other agency, department, or person.

Local and Municipal Health Care Choice Act of 2015

United States · United States Congress · 24 June 2015

Local and Municipal Health Care Choice Act of 2015 Amends the Public Health Service Act to authorize a local government in a secondary state to provide group health coverage to its officers, employees, or retirees (and their dependents) through a local government employee health benefits pool or program authorized under the laws of a primary state. Defines: (1) "primary state" to mean the state designated by a local government employee health benefits pool or program as the state whose covered laws shall govern the pool or program in the issuance of group health coverage, and (2) "secondary state" to mean any state that is not the primary state. Makes a local government employee health benefits pool or program eligible to offer group health coverage to officials, employees, and retirees (and their dependents) of a local government located in a secondary state through an interlocal agreement with such local government, or as approved by an applicable state authority in such secondary state, unless objections are made within a specified time frame by the municipal league or association or county association located in the secondary state. Requires the covered laws of the primary state to apply to group health coverage offered by a local government employee health benefits pool or program in the primary state and in any secondary state, but only if the coverage and the pool or program comply with conditions set forth in this Act with respect to the offering of coverage in any secondary state. Defines "covered laws" as the laws, rules, regulations, agreements, and orders pertaining to: group health coverage issued by a local government employee health benefits pool or program; the offer, sale, rating, renewal, and issuance of group health coverage to local government officials, employees, and retirees or their dependents; the management, operations, and investment activities of such a pool or program; loss control and claims administration for such a pool or program with respect to liability for which the pool or program provides coverage; or the payment of applicable premium and other taxes that are levied on health insurance issuers, brokers, or policyholders under the laws of the state. Excludes from such term any law, rule, regulation, agreement, or order governing the use of care or cost management techniques. Exempts a local government pool or program that offers group health coverage in a secondary state to the officers, employees, or retirees of a local government located in such secondary state from any covered laws of the secondary state. Permits a secondary state to require such a pool or program to register with an applicable authority in such state and to comply with any state law regarding fraud and abuse or unfair claims settlement practices.

A bill to amend the Internal Revenue Code of 1986 to clarify the special rules for accident and health plans of certain governmental entities, and for other purposes.

United States · United States Congress · 24 June 2015

Amends the Internal Revenue Code, with respect to the exclusion from gross income of payments from an accident or health plan, to: (1) make the exclusion for payments to a beneficiary other than a spouse or dependent child applicable to plans established by or on behalf of a state or political subdivision thereof; and (2) define a "qualified taxpayer," for purposes of the exclusion, as an employee or the spouse, dependent, or child (under age 27) of an employee.

A bill to amend the Internal Revenue Code of 1986 to increase the limitation on the election to accelerate the AMT credit in lieu of bonus depreciation for 2015 and 2016, and for other purposes.

United States · United States Congress · 24 June 2015

Amends the Internal Revenue Code to: (1) extend through 2016 the special depreciation allowance for business assets (bonus depreciation), and (2) increase the limitation on the election to accelerate the alternative minimum tax credit in lieu of bonus depreciation for 2015 and 2016.

A bill to amend the Internal Revenue Code of 1986 to modify and make permanent bonus depreciation.

United States · United States Congress · 24 June 2015

This bill amends the Internal Revenue Code to make permanent the additional 50% depreciation allowance, known as bonus depreciation, for depreciable business property (i.e., qualified property) placed in service after December 31, 2014. The term "qualified property" is modified to include qualified improvement property, in lieu of qualified leasehold improvement property, which is defined as any improvement to an interior portion of a building that is nonresidential real property if such improvement is placed in service after the date such building was first placed in service. The bill also increases by $8,000 (with an annual inflation adjustment after 2015) the maximum allowable depreciation deduction for a passenger automobile (i.e., any 4-wheeled vehicle that is manufactured primarily for use on public streets, roads, and highways and is rated at 6,000 pounds unloaded gross vehicle weight or less). Also made permanent, for taxable years ending after December 31, 2014, is the election to increase the alternative minium tax credit limitation in lieu of bonus depreciation. The bill allows an additional depreciation allowance for any specified plant that is planted, or grafted to a plant that has already been planted, by the taxpayer in the ordinary course of the taxpayer's farming business. The term "specified plant" means: (1) any tree or vine that bears fruits or nuts, and (2) any other plant that will have more than one yield of fruits or nuts and that generally has a period of more than two years from the time of planting or grafting to the time at which such plant begins bearing fruits or nuts. This allowance is applicable to specified plants planted or grafted after December 31, 2014. Finally, the bill prohibits the entry of the budgetary effects of this Act on any PAYGO scorecard maintained pursuant to the Statutory Pay-As-You-Go Act of 2010.