cheaptrix/billsum-US_congress_and_house huggingface dataset:
To amend the Internal Revenue Code of 1986 to encourage the transfer of intangible property from controlled foreign corporations to United States shareholders.

To amend the Internal Revenue Code of 1986 to encourage the transfer of intangible property from controlled foreign corporations to United States shareholders. 1. Special rules for transfers of intangible property from controlled foreign corporations to United States shareholders (a) In general Subpart F of part III of subchapter N of chapter 1 966. Transfers of intangible property to United States shareholders (a) In general If a controlled foreign corporation holds intangible property on the date of the enactment of this section and thereafter distributes such property to a domestic corporation which is a United States shareholder with respect to such controlled foreign corporation— (1) for purposes of part I of subchapter C and any other provision of this title specified by the Secretary, the fair market value of such property on the date of such distribution shall be treated as not exceeding the adjusted basis of such property immediately before such distribution, and (2) if any portion of such distribution is not a dividend— (A) no gain shall be recognized by such United States shareholder with respect to such distribution, and (B) the adjusted basis of such property in the hands of such United States shareholder immediately after such distribution shall be the adjusted basis of such property in the hands of such controlled foreign corporation immediately before such distribution reduced by the amount (if any) of gain not recognized by reason of subparagraph (A) (determined after the application of paragraph (1)). (b) Intangible property For purposes of this section, the term intangible property (1) patent, copyright, license, invention, formula, process, design, pattern, know-how, or format, (2) method, program, system, procedure, campaign, survey, study, forecast, estimate, or technical data, (3) computer software (as defined in section 197(e)(3)(B)), or (4) any similar item, which has substantial value independent of the services of any individual. . (b) Conforming amendments (1) Section 197(f)(2)(B)(i) of such Code is amended by inserting 966(a), 731, (2) The table of sections for subpart F of part III of subchapter N of chapter 1 of such Code is amended by adding at the end the following new item: Sec. 966. Transfers of intangible property to United States shareholders. . (c) Effective date The amendments made by this section shall apply to distributions made in taxable years of foreign corporations beginning after December 31, 2020, and to taxable years of United States shareholders in which or with which such taxable years of foreign corporations end.

Summary: This bill excludes from gross income, for income tax purposes, gains from distributions of intangible property by controlled foreign corporations to U.S. domestic corporations. The bill defines intangible property to include patents, copyrights, licenses, formulas, computer software, and similar items with substantial value.
EAGLE Act of 2020

To direct the Attorney General to establish a grant program to provide for the qualified accreditation and re-certification of local law enforcement agencies, and for other purposes. 1. Short title This Act may be cited as the Establishing Accreditation Grants for Law Enforcement Act of 2020 EAGLE Act of 2020 2. Grant program for local law enforcement agency accreditation (a) Establishment Not later than 90 days after the date of the enactment of this Act, the Attorney General shall establish a grant program (in this Act referred to as the Program (b) Grant authority In carrying out the Program, the Attorney General shall award a grant to an eligible recipient under subsection (c). (c) Eligible recipient The Attorney General shall award a grant under the Program to a local law enforcement agency that submits an application pursuant to subsection (d). (d) Application To be eligible under the Program, a local law enforcement agency shall submit to the Attorney General an application that demonstrates— (1) the financial need of the local law enforcement agency; and (2) amount requested by the local law enforcement agency, including amount to be spent on— (A) accreditation or re-certification fees; (B) on-site assessment charges; and (C) extension fees. (e) Eligible projects Grant funds awarded under the Program may only be used to assist in the qualified accreditation or re-certification of a local law enforcement agency. (f) Authorization of appropriations There are authorized to be appropriated to carry out the Program $10,000,000 for fiscal year 2021. (g) Period of availability Funds made available to carry out the Program shall remain available until expended. (h) Definitions In this Act: (1) Qualified accreditation or re-certification The term qualified accreditation or re-certification (2) Local law enforcement agency The term local law enforcement agency

Summary: Establishing Accreditation Grants for Law Enforcement Act of 2020 or EAGLE Act of 2020 This bill requires the Department of Justice to provide grants to eligible local law enforcement agencies for activities related to obtaining qualified accreditation or recertification. Such accreditation or recertification shall be provided by a professional law enforcement organization involved in developing standards for law enforcement at the national, state, regional, or tribal level, such as the Commission on Accreditation for Law Enforcement Agencies.
Saving Rural Hospitals from Closure Act

To amend title XVIII of the Social Security Act to authorize the Secretary of Health and Human Services to forgive the repayment, extend the timeline of repayment, and lower the interest rate of Medicare hospital accelerated payments made during the COVID–19 public health emergency, and for other purposes. 1. Short title This Act may be cited as the Saving Rural Hospitals from Closure Act 2. Authorizing the forgiveness of repayment, extension of repayment, and lowering of interest rate of Medicare hospital accelerated payments made during the COVID–19 public health emergency Section 1815 of the Social Security Act ( 42 U.S.C. 1395g (1) in subsection (d), by inserting subject to subsection (f)(5), determination, (2) in subsection (f)(2)— (A) in subparagraph (C), by inserting subject to paragraph (5), the Secretary (B) by adding at the end the following new paragraph: (5) (A) Upon the request of a hospital, the Secretary may forgive the repayment, extend the timeline of repayment described in subparagraph (C)(i), and lower the interest rate of any accelerated payment within 30 days of receiving such request if such a hospital experiences significant financial hardship. (B) For purposes of subparagraph (A), significant financial hardship .

Summary: Saving Rural Hospitals from Closure Act This bill modifies requirements for the Medicare Accelerated and Advance Payment Program during the public health emergency relating to COVID-19 (i.e., coronavirus disease 2019). The program provides Medicare payments in advance to eligible providers experiencing claims or cash flow disruptions, such as during national emergencies; the program was specifically expanded in response to COVID-19 to encompass more types of providers, subject to certain recoupment and repayment provisions. The bill allows the Centers for Medicare & Medicaid Services to forgive repayment, extend the recoupment timeline, and lower applicable interest rates for hospitals experiencing significant financial hardship (e.g., impending bankruptcy).
Emergency Medical Services for Children Program Reauthorization Act of 2019

To amend the Public Health Service Act to reauthorize the Emergency Medical Services for Children program. 1. Short title This Act may be cited as the Emergency Medical Services for Children Program Reauthorization Act of 2019 2. Reauthorization of the Emergency Medical Services for Children program Section 1910(d) of the Public Health Service Act ( 42 U.S.C. 300w–9(d) (1) by striking 2014, and 2014, (2) by inserting before the period the following: , and $22,334,000 for each of fiscal years 2020 through 2024 July 23, 2019 Committed to the Committee of the Whole House on the State of the Union and ordered to be printed

Summary: Emergency Medical Services for Children Program Reauthorization Act of 2019 This bill reauthorizes through FY2024 the Emergency Medical Services for Children Program, which is a grant program administered by the Health Resources and Services Administration. The program focuses on improving emergency health care for children who are seriously ill or injured.
To make a supplemental appropriation for the COVID-19 Telehealth Program of the Federal Communications Commission for the fiscal year ending September 30, 2020.

To make a supplemental appropriation for the COVID–19 Telehealth Program of the Federal Communications Commission for the fiscal year ending September 30, 2020. 1. Supplemental appropriation for COVID–19 Telehealth Program (a) Appropriation There is appropriated, out of any money in the Treasury not otherwise appropriated, for the fiscal year ending September 30, 2020, for an additional amount for Federal Communications Commission—Salaries and Expenses (b) Emergency designation The amount appropriated by subsection (a) is designated by the Congress as being for an emergency requirement pursuant to section 251(b)(2)(A)(i) of the Balanced Budget and Emergency Deficit Control Act of 1985 and shall be available only if the President subsequently so designates such amount and transmits such designation to the Congress.

Summary: This bill provides FY2020 supplemental appropriations to the Federal Communications Commission (FCC) for the COVID-19 Telehealth Program. Under the program, the FCC provides funding for health care providers to purchase telecommunications services, information services, and devices necessary to provide critical connected care services during the COVID-19 (i.e., coronavirus disease 2019) pandemic. The bill designates the funding as emergency spending, which is exempt from discretionary spending limits.
Child Nutrition Relief Act of 2020

To temporarily modify child nutrition programs due to COVID–19, and for other purposes. 1. Short title This Act may be cited as the Child Nutrition Relief Act of 2020 2. Waivers for schools due to COVID–19 (a) School closures Section 2102(d) of the Families First Coronavirus Response Act ( 42 U.S.C. 1760 Public Law 116–127 (1) in paragraph (1), by striking and (2) in paragraph (2)— (A) by striking during a school closure through modified meal service models to achieve social distancing or during a school closure, including planned full or partial building closures, (B) by striking the period at the end and inserting ; and (3) by adding at the end the following: (3) that shall not terminate prior to August 31, 2021. . (b) National school lunch program requirements Section 2202 of the Families First Coronavirus Response Act ( 42 U.S.C. 1760 Public Law 116–127 (1) in subsection (c)— (A) by redesignating paragraphs (1) and (2) as subparagraphs (A) and (B), respectively, and indenting appropriately; (B) in the matter preceding subparagraph (A) (as so redesignated), by striking Notwithstanding (1) In general Notwithstanding ; and (C) by adding at the end the following: (2) Guidance The Secretary shall provide guidance on serving hot meals under a waiver granted under this subsection. ; and (2) by amending subsection (e) to read as follows: (e) Sunset The authority of the Secretary to— (1) establish or grant a waiver under this section with respect to a qualified program described in subparagraph (A) through (C) of subsection (f)(1) shall expire on June 30, 2021; and (2) establish or grant a waiver under this section with respect to a qualified program described in subparagraph (D) of subsection (f)(1) shall expire on August 31, 2021. .

Summary: Child Nutrition Relief Act of 2020 This bill extends the authority of the Department of Agriculture to waive certain requirements for the school meal programs due to COVID-19.
COLA Act of 2020

To amend title II of the Social Security Act to provide for a minimum annual cost-of-living increase for Social Security benefits, and for other purposes. 1. Short title This Act may be cited as the Certainty for Older Living Americans Act of 2020 COLA Act of 2020 2. Computation of cost-of-living increases (a) In general Section 215(i) of the Social Security Act ( 42 U.S.C. 415(i) (1) in paragraph (1)(B), by striking with respect to which the applicable increase percentage is greater than zero; (2) in paragraph (2)— (A) in subparagraph (A)— (i) in clause (ii), in the matter following subclause (III), by striking applicable increase percentage the increase percentage determined under clause (iv) for such year (ii) by adding at the end the following: (iv) The increase percentage determined under this clause for a year shall be the greater of— (I) the applicable increase percentage with respect to a cost-of-living computation quarter in such year; or (II) the arithmetical mean of the increase percentages determined under this clause for each of the years in the 10-year period ending with the year before such year. ; and (B) in the first sentence of subparagraph (D), by striking and the percentage thereof , the percentage thereof, and the increase percentage determined under subparagraph (A)(iv) for the following year (b) Effective date The amendments made by this section shall apply with respect to cost-of-living computation quarters ending on or after September 30, 2020.

Summary: Certainty for Older Living Americans Act of 2020 or the COLA Act of 2020 This bill sets out an alternative method to calculate cost-of-living adjustments for Old-Age, Survivors, and Disability Insurance benefits and requires the Social Security Administration to use whichever method results in a greater increase each year. The current method is based on the annual change in the Consumer Price Index for Urban Wage Earners and Clerical Workers, which may result in no or small increases to benefits in years with deflation or low inflation. The alternative method established by this bill is based on a 10-year average of cost-of-living adjustments.
To amend the Internal Revenue Code of 1986 to increase the research tax credit and provide better access to the credit for business startups.

To amend the Internal Revenue Code of 1986 to increase the research tax credit and provide better access to the credit for business startups. 1. Increase in research credit and better access to credit for startups (a) Credit rate increase (1) In general Section 41(a) 20 percent 40 percent (2) Alternative simplified credit Section 41(c)(4)(A) of such Code is amended by striking 14 percent 28 percent (3) Credit rate in case of no research expenses in 3 preceding years Section 41(c)(4)(B)(ii) of such Code is amended by striking 6 percent 1/2 (b) Modification of small business portion allowed against payroll tax (1) Increase in limitation Paragraphs (4)(B)(i) and (5)(B)(ii) of section 41(h) of such Code are each amended by striking $250,000 $500,000 (2) Qualified small business gross receipts threshold Section 41(h)(3)(A)(i)(I) of such Code is amended by striking $5,000,000 the dollar amount in effect for the taxable year under section 448(c)(1) (c) Effective dates (1) Subsection (a) The amendments made by subsection (a) shall apply to taxable years beginning after December 31, 2020. (2) Subsection (b) The amendments made by subsection (b) shall apply to taxable years beginning after December 31, 2019.

Summary: This bill increases from 20% to 40% the rate of the tax credit for increasing research activities. It also increases the rate of the alternative simplified research credit and the credit rate where there have been no research expenses for the preceding three years. The bill also increases the amount of research expenses for purposes of calculating the payroll tax credit allowed to certain small businesses.
Freedom from Regulations Act of 2020

To require that independent agencies comply with all requirements of rulemaking, and for other purposes. 1. Short title This Act may be cited as the Freedom from Regulations Act of 2020 2. Independent agencies to comply with government-wide rules on agency action Notwithstanding any other provision of law, an independent agency (as such term is defined in section 3502(5) of title 44, United States Code, but in any event not including the Board of Governors of the Federal Reserve System) shall comply with any provision of law applicable to the agency action of any other agency, including the provisions of subchapter II of chapter 5 chapter 6 3. Definitions Terms used in this Act have the meanings given such terms in section 551 of title 5, United States Code.

Summary: Freedom from Regulations Act of 2020 This bill requires independent regulatory agencies to comply with the requirements applicable to regulatory actions by other federal agencies, including the rulemaking process under the Administrative Procedure Act.
To amend title 28, United States Code, to redefine the eastern and middle judicial districts of North Carolina.

To amend title 28, United States Code, to redefine the eastern and middle judicial districts of North Carolina. 1. Judicial districts of North Carolina (a) In general Section 113 of title 28, United States Code, is amended— (1) in subsection (a), by striking and Wilson and Wilson, those portions of Hoke, Moore, Scotland, and Richmond counties encompassing the Fort Bragg Military Reservation and Camp Mackall, and (2) by striking subsection (b) and inserting the following: (b) Middle district The Middle District comprises the counties of Alamance, Cabarrus, Caswell, Chatham, Davidson, Davie, Durham (excluding that portion of Durham County encompassing the Federal Correctional Institution, Butner, North Carolina), Forsyth, Guilford, Hoke (excluding that portion of Hoke County encompassing the Fort Bragg Military Reservation and Camp Mackall), Lee, Montgomery, Moore (excluding that portion of Moore County encompassing the Fort Bragg Military Reservation and Camp Mackall), Orange, Person, Randolph, Richmond (excluding that portion of Richmond County encompassing the Fort Bragg Military Reservation and Camp Mackall), Rockingham, Rowan, Scotland (excluding that portion of Scotland County encompassing the Fort Bragg Military Reservation and Camp Mackall), Stanly, Stokes, Surry, and Yadkin. . (b) Application The amendments made by subsection (a) shall not apply to any action commenced or pending in any judicial district of North Carolina before the date of enactment of this Act.

Summary: This bill moves portions of four counties encompassing the Fort Bragg Military Reservation and Camp Mackall from the Middle District to the Eastern District of North Carolina.
Children's Mental Health Care Access Act of 2020

To permit child care providers that receive payment for services provided under the Child Care and Development Block Grant Act of 1990 to use a portion of such payment to purchase mental health supports necessary to protect the health of participating children and child care workers. 1. Short title This Act may be cited as the Children’s Mental Health Care Access Act of 2020 2. Authority to purchase mental health supports to protect children who receive certain child care services A child care provider who receives payment for services provided under the Child Care and Development Block Grant Act of 1990 ( 42 U.S.C. 9857

Summary: Children's Mental Health Care Access Act of 2020 This bill authorizes child care providers to use payments received through the Child Care and Development Fund for mental health supports for children in the provider's care and employees of the provider.
To designate the mountain at Mount Rushmore National Memorial, South Dakota, as Mount Rushmore, and for other purposes.

To designate the mountain at Mount Rushmore National Memorial, South Dakota, as Mount Rushmore, and for other purposes. 1. Designation of Mount Rushmore (a) In general The mountain at Mount Rushmore, South Dakota, located at N 43° 53.559′ W 103° 28.246′, shall be known and designated as Mount Rushmore (b) References Any reference in any law, map, regulation, order, document, paper, or other record of the United States to the mountain and area described in subsection (a) shall be deemed to be a reference to Mount Rushmore

Summary: This bill designates the mountain at Mount Rushmore in South Dakota as Mount Rushmore.
Plasma Donation Awareness Act of 2020

To amend the CARES Act to expand a national awareness and outreach campaign to address the importance and safety of plasma donation, and for other purposes. 1. Short title This Act may be cited as the Plasma Donation Awareness Act of 2020 2. Importance of the blood and plasma supply (a) In general Section 3226 of the CARES Act ( Public Law 116–136 (1) in the section heading after blood and plasma (2) by inserting after blood and plasma (b) Conforming amendment The item relating to section 3226 in the table of contents in section 2 of the CARES Act ( Public Law 116–136 Sec. 3226. Importance of the blood and plasma supply. .

Summary: Plasma Donation Awareness Act of 2020 This bill includes plasma donation within the scope of a public awareness campaign by the Department of Health and Human Services concerning the importance of the blood supply and the need for blood donations during the COVID-19 (i.e., coronavirus disease 2019) emergency.
To amend title 38, United States Code, to extend certain employment and reemployment rights to members of the National Guard who perform State active duty.

To amend title 38, United States Code, to extend certain employment and reemployment rights to members of the National Guard who perform State active duty. 1. Extension of certain employment and reemployment rights to members of the National Guard who perform State active duty Section 4303 of title 38, United States Code, is amended in paragraph (13) by inserting State active duty, full-time National Guard duty,

Summary: This bill extends certain employment and reemployment rights and benefits to members of the National Guard who perform state active duty.
Invest Now Act

To amend the Internal Revenue Code of 1986 to provide a reduced capital gains rate on certain property acquired in 2020. 1. Short title This Act may be cited as the Invest Now Act 2. Reduced capital gains rate on certain property acquired in 2020 (a) In general Section 1(h) (12) Reduced rate for certain property acquired in 2020 (A) In general So much of the adjusted net capital gain taxed at a rate of 20 percent under paragraph (1) (determined without regard to this paragraph) to the extent attributable to the sale or exchange of qualified property shall be taxed at a rate of 5 percent under such paragraph (and not 20 percent). (B) Coordination with 15 percent rate So much of the adjusted net capital gain taxed at a rate of 15 percent or 20 percent under paragraph (1) (determined without regard to this paragraph) to the extent attributable to the sale or exchange of qualified property (reduced by so much of such gain as is taxed at the rate determined under clause (i)) shall be taxed at a rate of 5 percent (and not 15 percent). (C) Qualified property For purposes of this paragraph— (i) In general The term qualified property (I) purchased (as defined in section 179(d)(2)) by the taxpayer after December 31, 2019, and before January 1, 2021, and (II) held by the taxpayer (as determined under section 1223) for a period of more than 5 years. (ii) Exception for wash sales Such term shall not include any property the basis of which is determined under section 1091(d). . (b) Effective date The amendment made by this section shall apply to taxable years beginning after December 31, 2020.

Summary: Invest Now Act This bill reduces to 5% the capital gains tax rate for property purchased in 2020 and held by the taxpayer for more than five years.