Taxation

LEGISLATIVE BRANCH APPROPRIATIONS FOR FISCAL YEAR 2007

United States · United States Senate · 1 January 2005

Retirement Security for Life Act of 2004

United States · United States Congress · 7 December 2004

Retirement Security for Life Act of 2004 - Amends the Internal Revenue Code to allow an exclusion from gross income for 50 percent of the amount otherwise includible in gross income as guaranteed payments from certain annuity or life insurance contracts. Limits the amount of such exclusion to $20,000 in any taxable year. Provides for an inflation adjustment of the $20,000 limitation beginning in 2006.

Jobs Investment Act of 2004

United States · United States Congress · 6 December 2004

Jobs Investment Act of 2004 - Authorizes a State to provide to any entity a tax or fee credit or other tax incentive for investment in the acquisition, construction, installation, and rehabilitation of improvements, real estate, fixtures, equipment, and facilities located in the State. Provides that any such action taken by a State shall be considered to be a reasonable regulation of commerce and shall not be considered to impose an undue burden on interstate commerce or to otherwise impair, restrain, or discriminate against interstate commerce.

Making further continuing appropriations for the fiscal year 2005, and for other purposes.

United States · United States Congress · 24 November 2004

Amends Federal law to provide further continuing appropriations for FY 2005 until the earliest of: (1) enactment of an appropriation for any project or activity provided for in such law; (2) enactment of the applicable appropriations Act without any provision for such project or activity; or (3) December 8, 2004 (currently, December 3, 2004).

A joint resolution to make a correction in the Conference Report to accompany H.R. 4818.

United States · United States Congress · 20 November 2004

Provides that a specified provision of the Departments of Transportation and Treasury, Independent Agencies, and General Government Appropriations Act, 2005, as included in the conference report of H.R. 4818, the Consolidated Appropriations Act, 2005, which directs the Internal Revenue Service (IRS) to allow designated agents of the House or Senate Appropriations Committee access to IRS facilities and tax return information, shall have no force and effect.

Waiving points of order against the conference report to accompany the bill (H.R. 4818) making appropriations for foreign operations, export financing, and related programs for the fiscal year ending September 30, 2005, and for other purposes, and providing for consideration of the joint resolution (H.J. Res. 114) making further continuing appropriations for the fiscal year 2005, and for other purposes.

United States · United States Congress · 20 November 2004

Waives points of order against the consideration of the conference report on H.R. 4818 (Consolidated Appropriations Act, 2005). Sets forth the rule for the consideration of H.J. Res. 114 (further continuing appropriations for FY 2005).

A bill to ensure a balanced survey of taxpayers in any system of precertification for the earned income tax credit.

United States · United States Congress · 19 November 2004

Prohibits more than five percent of the total participants in any system of precertification for the earned income tax credit from being residents of the same metropolitan statistical area.

Tax Technical Corrections Act of 2004

United States · United States Congress · 19 November 2004

Tax Technical Corrections Act of 2004 - Makes technical revisions and clerical corrections to specified provisions of the Internal Revenue Code, including certain provisions related to: (1) the American Jobs Creation Act of 2004; (2) the Working Families Tax Relief Act of 2004; (3) the Jobs and Growth Tax Relief Reconciliation Act of 2003; (4) the Trade Act of 2002; (5) the Victims of Terrorism Tax Relief Act of 2001; and (6) the Taxpayer Relief Act of 1997. Provides that such revisions and corrections shall take effect as if included in the original enactments to which they relate.

Firefighters Special Operation Task Force Act

United States · United States Congress · 19 November 2004

Firefighters Special Operation Task Force Act - Amends the Federal Fire Prevention and Control Act of 1974 to authorize the Administrator of the U.S. Fire Administration to award grants to a task force (two or more fire services operating under a cooperative agreement to coordinate incident response within a geographic area) for: (1) salary and benefits to hire or rehire firefighting personnel to provide services to the task force; (2) expenses related to the participation of firefighting personnel in appropriate training courses offered by the Department of Homeland Security, the National Fire Academy, or a State or local fire academy; (3) training related to incident response; (4) appropriate equipment or support systems for task force members; or (5) improved communications between task force members and a local police department or hospital. Requires the Administrator, in selecting grantees, to give priority to task forces serving geographic areas within 50 miles of: (1) a nuclear power facility; (2) a large facility that produces, treats, or refines chemicals or petroleum products; (3) a business district of national significance; or (4) a location with one or more critical infrastructures. Requires grantees to provide non-Federal matching funds of at least 55 percent of the amount awarded by the Administrator for each fiscal year.

Retirement Enhancement Revenue Act of 2004

United States · United States Congress · 19 November 2004

Retirement Enhancement Revenue Act of 2004 - Amends the Internal Revenue Code to revise rules relating to tax-exempt retirement and employee benefit plans. Imposes new qualification, reporting, and disclosure requirements for public employee pension plans. Revises pension rules to provide for: (1) automatic enrollment of all eligible employees in 401(k) plans; (2) diversification of defined contribution plans that hold employer securities; (3) an increase to age 75 for beginning mandatory distributions from retirement plans; (4) restrictions on the exclusion of unionized employees from 401(k) plan participation; and (5) removal of the $5,000 limit on certain mandatory retirement plan distributions. Makes the tax credit for retirement savings contributions refundable and permanent. Allows certain small employers a business tax credit for contributions to employee pension plans. Modifies requirements for joint and survivor annuities and for railroad retirement benefits for divorced and former spouses. Revises rules for defined benefit plans to permit such plans to include 401(k) plans. Modifies certain defined benefit plan eligibility rules. Allows: (1) an exemption from prohibited transaction restrictions for certain transactions between an employee benefit plan and a plan participant (i.e., aborted emergent transactions); (2) loans from retirement plans for health insurance and job training expenses; (3) income averaging of corrected civil service annuity benefit payments; and (4) an exemption from prohibited transaction penalties for certain employer-provided investment advice.

To amend the Internal Revenue Code of 1986 to modify the taxation of arrow components.

United States · United States Congress · 19 November 2004

Repeals provisions enacted by the American Jobs Creation Act of 2004 relating to the excise tax on arrows. Amends the Internal Revenue Code to revise the excise tax on arrows, effective after March 31, 2005, to: (1) impose a tax equal to 39 cents per arrow shaft on the first sale of such shaft (instead of a 12.4 percent tax on the sales price), with inflation adjustments on such 39-cent amount after 2005; and (2) include points suitable for use with arrows in the 11 percent excise tax on arrow parts and accessories.

To amend the Internal Revenue Code of 1986 to deny the foreign tax credit and the benefits of deferral to companies doing business in Sudan until the Government of Sudan takes demonstrable steps to end genocide in Sudan.

United States · United States Congress · 19 November 2004

Amends the Internal Revenue Code to deny U.S. companies doing business in Sudan the foreign tax credit and other tax benefits until the Secretary of State certifies to the Secretary of the Treasury that the Government of Sudan has ceased to support and taken steps to end acts of genocide in the Darfur region of Sudan, including: (1) ensuring that the military is not attacking civilians or obstructing human rights monitors or humanitarian assistance; (2) disarming Government supported militias; (3) allowing access for providing humanitarian assistance to all regions; and (4) cooperating with international missions.

To amend the Immigration and Nationality Act to provide greater protections to domestic and foreign workers under the H-1B nonimmigrant worker program.

United States · United States Congress · 19 November 2004

Amends the Immigration and Nationality Act to require employers of H-1B (specialty occupations) nonimmigrants to use one of three specified methods (whichever results in the highest wages) to determine wages for purposes of required wage attestations. Requires such employers who previously employed one or more H-1B nonimmigrants to submit with their labor condition application (LCA) a copy of the W-2 Wage and Tax Statement filed with respect to those nonimmigrants. Extends from 90 to 180 days the period during which certain employers of H-1B nonimmigrants must show nondisplacement of U.S. workers. Requires such employers to actively engage in recruitment efforts. Prohibits such employers from placing, outsourcing, leasing, or otherwise contracting for the placement of an H-1B nonimmigrant with another employer, regardless of whether the other employer is H-1B dependent. Requires the Secretary of Labor to be responsible for investigations of wage complaints and allegations of fraud in the filing of LCAs. Authorizes the Secretary to: (1) conduct surveys of employer compliance with labor condition requirements; and (2) conduct annual compliance audits of employers employing H-1B nonimmigrants. Requires annual compliance audits in cases where H-1B nonimmigrants comprise 15 percent or more of an employer's total number of employees. Makes permanent the employer fee applicable to H-1B petitions. Creates a private right of action for persons harmed by an employer's violation of labor condition requirements.

To ensure a balanced survey of taxpayers in any system of precertification for the earned income tax credit.

United States · United States Congress · 19 November 2004

Prohibits more than five percent of the total participants in any system of precertification for the earned income tax credit from being residents of the same metropolitan statistical area.

Financial Transactions Equity Act of 2004

United States · United States Congress · 19 November 2004

Financial Transactions Equity Act of 2004 - Amends the Internal Revenue Code to allow a tax deduction for a certain percentage of the dividends received by a U.S. domestic corporation from a corporation organized under the laws of the Commonwealth of Puerto Rico.

Tax Technical Corrections Act of 2004

United States · United States Congress · 19 November 2004

Tax Technical Corrections Act of 2004 - Makes technical revisions and clerical corrections to specified provisions of the Internal Revenue Code, including certain provisions related to: (1) the American Jobs Creation Act of 2004; (2) the Working Families Tax Relief Act of 2004; (3) the Jobs and Growth Tax Relief Reconciliation Act of 2003; (4) the Trade Act of 2002; (5) the Victims of Terrorism Tax Relief Act of 2001; and (6) the Taxpayer Relief Act of 1997. Provides that such revisions and corrections shall take effect as if included in the original enactments to which they relate.

Making further continuing appropriations for the fiscal year 2005, and for other purposes.

United States · United States Congress · 19 November 2004

Amends Federal law to provide further continuing appropriations for FY 2005 until the earliest of: (1) enactment of an appropriation for any project or activity provided for in such law; (2) enactment of the applicable appropriations Act without any provision for such project or activity; or (3) December 3, 2004 (currently, November 20, 2004).

FLU-VIA

United States · United States Congress · 18 November 2004

Flu Vaccine Incentive Act of 2004 or FLU-VIA - Amends title XIX (Medicaid) of the Social Security Act to exempt contracts entered into by the Secretary of Health and Human Services for the purchase of a pediatric influenza vaccine and other vaccines from certain price restrictions applicable to such contracts. Extends such exemption to any other Federal agency that purchases an influenza vaccine. Amends the Internal Revenue Code to allow a tax credit for investment in influenza vaccine manufacturing facilities. Expresses the sense of the Senate supporting increased funding to develop new technologies for the production of influenza vaccines.

A bill to permanently extend the income tax deduction for college tuition expenses.

United States · United States Congress · 18 November 2004

Amends the Internal Revenue Code to make permanent the tax deduction for college tuition expenses.

Permanent Sales Tax Deduction Act of 2004

United States · United States Congress · 18 November 2004

Permanent Sales Tax Deduction Act of 2004 - Amends the Internal Revenue Code to make the taxpayer election to deduct State and local sales taxes in lieu of State and local income taxes permanent.

Waiving a requirement of clause 6(a) of rule XIII with respect to consideration of certain resolutions reported from the Committee on Rules.

United States · United States Congress · 18 November 2004

Waives a specified requirement of rule XIII to provide for consideration or disposition of the conference report on H.R. 4548 (Intelligence Authorization Act for Fiscal Year 2005).

Community Restoration and Revitalization Act of 2004

United States · United States Congress · 17 November 2004

Community Restoration and Revitalization Act of 2004 - Amends the Internal Revenue Code to: (1) allow an increased rehabilitation tax credit for certain low-income buildings; (2) allow a basis reduction adjustment for property eligible for the credit; (3) increase the credit for certain smaller buildings; (4) allow property eligible for the credit to be used for lodging purposes; (5) modify placed-in-service rules for credit property; (6) modify qualification rules for credit property that is tax-exempt use property; and (7) increase the credit for buildings in high cost areas.

A concurrent resolution to direct the Secretary of the Senate to make corrections in the enrollment of the bill S. 150.

United States · United States Congress · 17 November 2004

Directs the Secretary of the Senate to make the following corrections in the enrollment of S. 150 (extension of the moratorium on Internet taxation): (1) add a provision which terminates a certain State telecommunications service tax after November 1, 2006; and (2) add a provision exempting Texas or its political subdivisions from the Internet tax moratorium in imposing or collecting the Texas municipal access line fee.

To amend the Immigration and Nationality Act to limit the timing of issuance of H-2B visas during a fiscal year.

United States · United States Congress · 17 November 2004

Amends the Immigration and Nationality Act to limit the issuance of H-2B (temporary nonagricultural workers) visas during any fiscal year to not more than one-third of the total during the first four months of the fiscal year and not more than two-thirds of the total during the first eight months of the fiscal year.

Palliative Care Training Act

United States · United States Congress · 16 November 2004

Palliative Care Training Act - Amends the Public Health Service Act to require the Secretary of Health and Human Services to establish a program to provide Hospice and Palliative Care Academic Career Awards to individuals that: (1) are board certified or board eligible in internal medicine, family practice, or pediatrics and their subspecialties; (2) have completed an approved fellowship program or demonstrated specialized experience in palliative medicine; and (3) have a junior faculty appointment at an accredited school of medicine within an approved internship or residency program. Provides that the amount of such an Award shall be $75,000 for FY 2005 (to be adjusted for subsequent fiscal years to reflect the increase in Consumer Price Index) and the term shall not xceed five years. Requires an individual who receives an Award to provide training in hospice care and palliative medicine, which shall constitute at least 75 percent of the obligations of such individual under the terms of the Award.

Nunn-Lugar Cooperative Threat Reduction Act of 2004

United States · United States Congress · 16 November 2004

Nunn-Lugar Cooperative Threat Reduction Act of 2004 - Amends the Soviet Nuclear Threat Reduction Act of 1991, the Cooperative Threat Reduction Act of 1993, and the National Defense Authorization Act for Fiscal Year 2000, respectively, to repeal specified restrictions on the use of Cooperative Threat Reduction program (program) funds and activities. Amends the the National Defense Authorization Act for Fiscal Year 2004 to modify authority to use program funds outside the former Soviet Union, including transferring such authority from the President to the Secretary of Defense. Directs the Secretary of State to report on each country in which a program is being carried out, including its adherence to arms control and nonproliferation agreements.

A bill to amend the Internal Revenue Code of 1986 to exclude from gross income the gain from the sale of a principal residence by certain employees of the intelligence community.

United States · United States Congress · 16 November 2004

Amends the Internal Revenue Code to allow certain employees of the intelligence community to exclude from their gross income the gain from the sale of their principal residences without regard to otherwise applicable five-year residential use and holding requirements.

To authorize salary adjustments for Justices and judges of the United States for fiscal year 2005.

United States · United States Congress · 16 November 2004

Authorizes U.S. justices and judges to receive a salary adjustment during FY 2005 (in accordance with specified Federal judicial code provisions).

To amend the Internal Revenue Code of 1986 to provide employers a double deduction of certain employee training expenses.

United States · United States Congress · 16 November 2004

Amends the Internal Revenue Code to allow a special tax deduction for employee training expenses that are: (1) also deductible as an ordinary and necessary business expense; (2) incurred under the National Apprenticeship Act or under a recognized State program; and (3) at least one percent of the total yearly wages paid by the employer claiming a deduction.

To treat certain arrangements maintained by the YMCA Retirement Fund as church plans for the purposes of certain provisions of the Internal Revenue Code of 1986, and for other purposes.

United States · United States Congress · 16 November 2004

Provides that any retirement plan maintained by the Young Men's Christian Association (YMCA) Retirement Fund as of January 1, 2003, shall be treated as a church plan under provisions relating to tax-exempt pension and other employee benefit plans of the Internal Revenue Code. Exempts YMCA retirement plans from certain limitations applicable to church plans. Allows YMCA retirement plans to qualify for tax treatment as money purchase pension plans and church self-funded death benefit plans.

A resolution relating to refundable tax credits for municipalities.

United States · United States Congress · 11 October 2004

Calls for: (1) the Senate to reiterate its support for reimbursing State and local governments for closing the pay gap for first responders who are called to active duty in the National Guard and Reserves by considering expanding employer tax relief provisions to cover State and local governments; and (2) the President to consider including such a proposal in his FY 2006 Budget.

College Savings Act of 2004

United States · United States Congress · 9 October 2004

The College Savings Act of 2004 - Amends the Internal Revenue Code to: (1) increase the maximum annual contribution limit for Coverdell education savings accounts from $2,000 to $5,000; and (2) allow a tax deduction up to $5,000 for contributions to an education savings account.

Education Savings for Students Act of 2004

United States · United States Congress · 9 October 2004

Education Savings for Students Act of 2004 - Amends the Internal Revenue Code to increase the maximum annual contribution limit for Coverdell education savings accounts from $2,000 to $5,000.

National Park Centennial Act of 2004

United States · United States Congress · 9 October 2004

National Park Centennial Act of 2004 - Establishes the National Park Centennial Fund (Fund) in the Treasury. Amends the Internal Revenue Code to allow individual taxpayers to designate overpayments and contributions for the benefit of the National Park System. Allocates such amounts to the Fund (along with necessary amounts from the General Fund to the extent that such amounts are inadequate in any fiscal year) for expenditure by the Secretary of the Interior. Creates within the Fund the National Park Backlog Elimination Fund, the Natural Resource Challenge Fund, and the Cultural Resource Challenge Fund. Authorizes appropriations for a public awareness campaign about the Fund and the ability of taxpayers to make tax-related contributions. Requires a specified percentage of Fund deposits to be used: (1) for the elimination of the backlog of unmet needs in the national parks as identified in the Facility Condition Index of the National Park Service (NPS); (2) to protect natural resources within the parks; and (3) to protect cultural resources within the parks. Requires a majority of such percentages to be distributed to those national parks that have completed comprehensive business plans under the Business Plan Initiative of the NPS. Directs the Government Accountability Office annually to submit a report on the National Park System to specified congressional committees. Authorizes the Secretary of Education to provide grants to elementary and secondary schools for cooperative agreements with the NPS providing distance learning and onsite education programs.

Health Care Relief Act of 2004

United States · United States Congress · 9 October 2004

Health Care Relief Act of 2004 - Amends the Internal Revenue Code to allow: (1) taxpayers, including non-itemizing taxpayers, a tax deduction from gross income for the first $2,000 of their out-of-pocket medical expenses; (2) certain small business employers a business tax credit for amounts paid for employee health insurance coverage; and (3) a refundable tax credit up to $500 for the health insurance costs of a taxpayer and the taxpayer's spouse and dependents.

Taxpayer Abuse Prevention Act

United States · United States Congress · 8 October 2004

Taxpayer Abuse Prevention Act - Amends the Internal Revenue Code to provide that advance payments of the earned income tax credit are not transferable or assignable or subject to the claims of any creditors, except outstanding claims of the Federal Government. Prohibits: (1) the collection of a debt from a debtor's Federal tax refund by means of a refund anticipation loan; and (2) mandatory arbitration as a condition of providing a refund anticipation loan. Terminates the Department of Treasury Debt Indicator Program. Excludes tax returns that have been filed subject to a refund anticipation loan from any determination of whether goals for electronic filing of tax returns have been met. Allows earned income tax credit benefits to be paid through electronic transfer accounts. Directs the Secretary of the Treasury to: (1) develop and implement a program to encourage the greater use of the advance earned income tax credit; and (2) enter into cooperative agreements with federally insured depository institutions to provide low- and moderate-income taxpayers with the option of establishing low-cost direct deposit accounts using appropriate tax forms.

Qualified Personal Service Corporations Clarification Act of 2004

United States · United States Congress · 8 October 2004

Qualified Personal Service Corporations Clarification Act of 2004 - Amends the Internal Revenue Code to modify the criteria for determining whether a corporation is a qualified personal service corporation. Includes within the definition of qualified personal service corporation a qualifying corporation substantially all of whose stock is held by certain former employees (thus permitting such corporation to use the cash method of accounting).

Child Protection and Home Safety Act of 2004

United States · United States Congress · 8 October 2004

Child Protection and Home Safety Act of 2004 - Amends the Internal Revenue Code to allow a nonrefundable tax credit for up to 25 percent of the cost of a qualified residential gun safe. Defines "qualified residential gun safe" as a container not intended for the display of firearms which is specifically designed to store or safeguard firearms from unauthorized access and which meets established performance standards. Limits the amount of such credit to $250.

Small Business Growth Act

United States · United States Congress · 8 October 2004

Small Business Growth Act - Amends the Internal Revenue Code to allow certain small business employers a business tax credit for a percentage of the amount paid for employee health insurance expenses and for employee training expenses. Directs the Internal Revenue Service to implement an educational program to ensure awareness of the tax credit for employee health insurance expenses. Authorizes appropriations for general business loans under the Small Business Act for FY 2005 through 2007. Provides for an inflation adjustment for authorized loan amounts after FY 2007. Establishes new limits for individual small business loans. Extends until taxable year 2008 provisions allowing an increased tax deduction (up to $100,000) for small business assets in the year such assets are placed in service.

Mortgage Cancellation Relief Act of 2004

United States · United States Congress · 8 October 2004

Mortgage Cancellation Relief Act of 2004 - Amends the Internal Revenue Code to exclude from gross income amounts up to $50,000 attributable to the discharge of certain residential mortgage obligations.

Faircare Act

United States · United States Congress · 8 October 2004

Faircare Act - Amends the Public Health Service Act (PHSA) to require additional data collection and reporting for funded health programs. Authorizes the Agency for Healthcare Research and Quality to develop a set of quality measures for each of the most common treatment settings, including hospitals and outpatient settings. Requires the Agency to rank these measures according to their potential to remedy health care disparities. Requires the Agency to establish an Advisory Committee on Quality to recommend quality indicators for all quality data sets developed by the Agency. Establishes the Office of National Healthcare Disparities and Quality within the Agency to administer the development and submission of the annual National Healthcare Disparities Report and the National Healthcare Quality Report. Amends Title XVIII (Medicare) of the Social Security Act to require the Secretary of Health and Human Services to establish a program under which financial incentive payments are made to hospitals if they meet certain criteria regarding data collection, high quality care, and the treatment of health disparity populations. Amends the PHSA to require the Secretary to: (1) designate health centers that receive Federal assistance as Faircare Health Centers if they meet such criteria; and (2) make designated health centers eligible for annual bonuses. Requires the Secretary, acting through the Director of the Centers for Disease Control and Prevention (CDC), to award grants and carry out activities to expand the Racial and Ethnic Approaches to Community Health Program (REACH 2010). Sets forth provisions for allowing tax credits and awarding grants for qualified medical malpractice insurance expenditures for eligible health care providers and eligible entities.

To amend title 4, United States Code, to clarify the treatment of self-employment for purposes of the limitation on State taxation of retirement income.

United States · United States Congress · 8 October 2004

Amends certain Federal law, which prohibits States from taxing the retirement income of nonresidents, to specifically include retirement plans, programs, or arrangements for self-employed individuals among those which may be so exempt from a State's taxation if the individuals are nonresidents of that State.

Taxpayer Abuse Prevention Act

United States · United States Congress · 8 October 2004

Taxpayer Abuse Prevention Act - Amends the Internal Revenue Code to provide that advance payments of the earned income tax credit are not transferable or assignable or subject to the claims of any creditors, except outstanding claims of the Federal Government. Prohibits: (1) the collection of a debt from a debtor's Federal tax refund by means of a refund anticipation loan; and (2) mandatory arbitration as a condition of providing a refund anticipation loan. Terminates the Department of Treasury Debt Indicator Program. Excludes tax returns that have been filed subject to a refund anticipation loan from any determination of whether goals for electronic filing of tax returns have been met. Allows earned income tax credit benefits to be paid through electronic transfer accounts. Directs the Secretary of the Treasury to: (1) develop and implement a program to encourage the greater use of the advance earned income tax credit; and (2) enter into cooperative agreements with federally insured depository institutions to provide low- and moderate-income taxpayers with the option of establishing low-cost direct deposit accounts using appropriate tax forms.

Renewable Energy Financing Incentive Act of 2004

United States · United States Congress · 8 October 2004

Renewable Energy Financing Incentive Act of 2004 - Amends the Internal Revenue Code to provide for the nonrecognition of gain from the sale of real property if such gain is reinvested in renewable energy property within two years after the sale. Defines "renewable energy property" as a facility located in the United States which uses renewable energy sources as a primary feedstock for the generation of electricity or the manufacture of motor vehicle fuels.

Relief for Life-Saving Blood Donors Act of 2004

United States · United States Congress · 8 October 2004

Relief for Life-Saving Blood Donors Act of 2004 - Amends the Internal Revenue Code to allow a tax deduction from gross income (available for taxpayers whether or not they itemize deductions) for the donation of blood and plasma to a recognized blood bank center or blood-collection institution.. Allows $50 for each donation to a maximum of $150 for a taxable year.

United States-Israel Energy Cooperation Act

United States · United States Congress · 8 October 2004

United States-Israel Energy Cooperation Act - Directs the Assistant Secretary of Energy for Policy and International Affairs to establish a grant program for joint ventures: (1) composed of either Israeli and United States private business entities, or of Israeli and United States academic persons; and (2) selected by the United States-Israel Binational Science Foundations (BSF), and the United States-Israel Binational Industrial Research and Development (BIRD) Foundation or BSF using criteria established by the International Energy Advisory Board (established by this Act). Requires such ventures to carry out projects that encourage cooperation between the United States and Israel on research, development, and commercialization of alternative energy, improved energy efficiency, and renewable energy sources. Establishes in the Department of Energy an International Energy Advisory Board to: (1) establish criteria for such grant recipients; and (2) determine the total amount of grant money to be awarded to all grantees selected by BIRD and by BSF for each fiscal year.

Child Protection and Home Safety Act of 2004

United States · United States Congress · 8 October 2004

Child Protection and Home Safety Act of 2004 - Amends the Internal Revenue Code to allow a nonrefundable tax credit for up to 25 percent of the cost of a qualified residential gun safe. Defines "qualified residential gun safe" as a container not intended for the display of firearms which is specifically designed to store or safeguard firearms from unauthorized access and which meets established performance standards. Limits the amount of such credit to $250.

Renewable Energy Security Act of 2004

United States · United States Congress · 8 October 2004

Renewable Energy Security Act of 2004 - Amends the Energy Conservation and Production Act to prohibit expenditures from exceeding an average of $3,000 per dwelling unit for labor, weatherization materials, and related matters for a renewable energy system. Directs the Secretary of Energy to prescribe regulations for criteria and procedures governing renewable energy systems. Amends the Energy Policy Act of 1992 to direct the Secretary to evaluate the use of renewable energy systems in residential buildings. Amends the Biomass Energy and Alcohol Fuels Act of 1980 to redefine biomass. Amends the Internal Revenue Code to allow as a credit against tax, for both individuals and small businesses, 20 percent of the qualified renewable energy system expenditures during the taxable year.

To amend the Internal Revenue Code of 1986 to provide an increased exclusion of gain from the sale of a principal residence by certain widows and widowers.

United States · United States Congress · 8 October 2004

Amends the Internal Revenue Code to increase from $250,000 to $500,000 the maximum exclusion from gross income of the gain from the sale or exchange of a principal residence by a widow or widower within one year of a spouse's death.

For the relief of the Big Spring Independent School District.

United States · United States Congress · 8 October 2004

Makes the Big Spring Independent School District in Texas eligible to receive a grant under the Rural and Low-Income School Program of the Elementary and Secondary Education Act of 1965 for any fiscal year in which it meets a specified eligibility criterion and would meet another such criterion but for the inclusion of the Federal prison population in the calculation of the school locale codes.