datamatters24/research-document-archive huggingface dataset:
631 
•HR 3221 EAH2 
(3) REHABILITATION CREDIT.—The amendments 
made by subsection (c) shall apply to credits deter-
mined under section 47 of the Internal Revenue Code 
of 1986 to the extent attributable to qualified rehabili-
tation expenditures properly taken into account for 
periods after December 31, 2007. 
SEC. 3023. BONDS GUARANTEED BY FEDERAL HOME LOAN 
BANKS ELIGIBLE FOR TREATMENT AS TAX-EX-
EMPT BONDS. 
(a) IN
GENERAL.—Subparagraph (A) of section 
149(b)(3) (relating to exceptions for certain insurance pro-
grams) is amended by striking ‘‘or’’ at the end of clause 
(ii), by striking the period at the end of clause (iii) and 
inserting ‘‘, or’’ and by adding at the end the following new 
clause: 
‘‘(iv) subject to subparagraph (E), any 
guarantee by a Federal home loan bank 
made in connection with the original 
issuance of a bond during the period begin-
ning on the date of the enactment of this 
clause and ending on December 31, 2010 (or 
a renewal or extension of a guarantee so 
made).’’.
HR 3222 PP 
lands and interests therein, may be acquired, and con-
struction prosecuted thereon prior to approval of title; and 
procurement and installation of equipment, appliances, 
and machine tools in public and private plants; reserve 
plant and Government and contractor-owned equipment 
layaway; and other expenses necessary for the foregoing 
purposes, $4,077,189,000, to remain available for obliga-
tion until September 30, 2010. 
PROCUREMENT OF AMMUNITION, ARMY 
For
construction,
procurement,
production,
and 
modification of ammunition, and accessories therefor; spe-
cialized equipment and training devices; expansion of pub-
lic and private plants, including ammunition facilities, au-
thorized by section 2854 of title 10, United States Code, 
and the land necessary therefor, for the foregoing pur-
poses, and such lands and interests therein, may be ac-
quired, and construction prosecuted thereon prior to ap-
proval of title; and procurement and installation of equip-
ment, appliances, and machine tools in public and private 
plants; reserve plant and Government and contractor- 
owned equipment layaway; and other expenses necessary 
for the foregoing purposes, $2,215,976,000, to remain 
available for obligation until September 30, 2010. 
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110TH CONGRESS 
2D SESSION 
H. R. 6275 
AN ACT 
To amend the Internal Revenue Code of 1986 to provide 
individuals temporary relief from the alternative min-
imum tax, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
543 
‘‘(i) the affidavit specified in para-
graph (2) is furnished to a qualified sub-
stitute, and 
‘‘(ii) the qualified substitute furnishes 
a statement to the transferee stating, under 
penalty of perjury, that the qualified sub-
stitute has such affidavit in his possession. 
‘‘(B) REGULATIONS.—The Secretary shall 
prescribe such regulations as may be necessary 
or appropriate to carry out this paragraph.’’. 
(b) QUALIFIED SUBSTITUTE.—Subsection (f) of section 
1445 (relating to definitions) is amended by adding at the 
end the following new paragraph: 
‘‘(6) QUALIFIED SUBSTITUTE.—The term ‘quali-
fied substitute’ means, with respect to a disposition of 
a United States real property interest— 
‘‘(A) the person (including any attorney or 
title company) responsible for closing the trans-
action, other than the transferor’s agent, and 
‘‘(B) the transferee’s agent.’’. 
(c) EXEMPTION NOT TO APPLY IF KNOWLEDGE OR 
NOTICE THAT AFFIDAVIT OR STATEMENT IS FALSE.— 
(1) IN
GENERAL.—Paragraph (7) of section 
1445(b) (relating to special rules for paragraphs (2) 
and (3)) is amended to read as follows:
269 
ministrator and make publicly available on the agen-
cy’s website a revised plan under subsection (d) not 
later than March 31 of the following fiscal year. The 
Administrator shall certify or decline to certify the 
revised plan in accordance with subsection (d)(2) not 
later than 3 months after receipt of the revised plan. 
(3) OFFSETS.— 
(A) PROPOSAL.—If no national mandatory 
economy-wide cap-and-trade program for green-
house gases has been enacted by fiscal year 
2010, the Administrator shall develop and sub-
mit to the Congress by 2011 a proposal to allow 
agencies to meet the annual reduction targets 
applicable to such agencies under this section in 
part through emissions offsets, beginning in fis-
cal year 2015. 
(B) CONTENTS.—The proposal developed 
under subparagraph (A) shall ensure that emis-
sions offsets are— 
(i) real, surplus, verifiable, permanent, 
and enforceable; and 
(ii) additional for both regulatory and 
financial purposes (such that the generator 
of the offset is not receiving credit or com-
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270 
pensation for the offset in another regu-
latory or market context). 
(C) RULEMAKING.—If by 2012 the Con-
gress has not enacted a statute for the express 
purpose of codifying the proposal developed 
under subparagraph (A) or an alternative to 
such proposal, the Administrator shall imple-
ment the proposal through rulemaking. 
(4) EXEMPTIONS.—The President may exempt 
an agency from complying with the emissions target 
established for that year under subsection (c) if the 
President determines it to be in the paramount in-
terest of the United States to do so. The agency 
shall, to the greatest extent practicable, continue to 
implement the provisions in the agency’s plan. Any 
exemption shall be for a period not in excess of one 
year, but additional exemptions may be granted for 
periods of not more than one year upon the Presi-
dent’s making a new determination. 
(f) STUDIES ON FEDERAL LANDS.—The Forest Serv-
ice, the Bureau of Land Management, the National Park 
Service, and the United States Fish and Wildlife Service 
shall— 
(1) within 3 years after the date of the enact-
ment of this Act, conduct studies of the opportuni-
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176 
section 18(b) of the Federal Home Loan Bank Act (12 
U.S.C. 1438(b)), shall, upon such effective date, be 
treated for purposes of this subsection as amounts re-
ceived from assessments under this section. 
‘‘(6) TREASURY INVESTMENTS.— 
‘‘(A) AUTHORITY.—The Director may re-
quest the Secretary of the Treasury to invest such 
portions of amount received by the Director from 
assessments paid under this section that, in the 
Director’s discretion, are not required to meet the 
current working needs of the Agency. 
‘‘(B) GOVERNMENT
OBLIGATIONS.—Pursu-
ant to a request under subparagraph (A), the 
Secretary of the Treasury shall invest such 
amounts in government obligations guaranteed 
as to principal and interest by the United States 
with maturities suitable to the needs of Agency 
and bearing interest at a rate determined by the 
Secretary of the Treasury taking into consider-
ation current market yields on outstanding mar-
ketable obligations of the United States of com-
parable maturity. 
‘‘(g) BUDGET AND FINANCIAL MANAGEMENT.— 
‘‘(1) FINANCIAL OPERATING PLANS AND FORE-
CASTS.—The Director shall provide to the Director of
177 
the Office of Management and Budget copies of the 
Director’s financial operating plans and forecasts as 
prepared by the Director in the ordinary course of the 
Agency’s operations, and copies of the quarterly re-
ports of the Agency’s financial condition and results 
of operations as prepared by the Director in the ordi-
nary course of the Agency’s operations. 
‘‘(2) FINANCIAL STATEMENTS.—The Agency shall 
prepare annually a statement of assets and liabilities 
and surplus or deficit; a statement of income and ex-
penses; and a statement of sources and application of 
funds. 
‘‘(3) FINANCIAL
MANAGEMENT
SYSTEMS.—The 
Agency shall implement and maintain financial 
management systems that comply substantially with 
Federal financial management systems requirements, 
applicable Federal accounting standards, and that 
uses a general ledger system that accounts for activity 
at the transaction level. 
‘‘(4) ASSERTION OF INTERNAL CONTROLS.—The 
Director shall provide to the Comptroller General an 
assertion as to the effectiveness of the internal controls 
that apply to financial reporting by the Agency, 
using the standards established in section 3512(c) of 
title 31, United States Code.
271 
ties for management strategies, and identify those 
management strategies with the greatest potential, 
to— 
(A) enhance net biological sequestration of 
greenhouse gases on Federal lands they manage 
while avoiding harmful effects on other environ-
mental values; and 
(B) reduce negative impacts of global 
warming on biodiversity, water supplies, forest 
health, biological sequestration and storage, and 
related values; 
(2) within 4 years after the date of the enact-
ment of this Act, study the results that could be 
achieved through applying management strategies 
identified as having the greatest potential to achieve 
the benefits described in paragraph (1) by imple-
menting field experiments on discrete portions of se-
lected land management units in different parts of 
the Nation to test such strategies; and 
(3) report to the Congress on the results of the 
studies. 
(g) STUDY ON URBAN AND WILDLAND-URBAN FOR-
ESTRY PROGRAMS.—Within 2 years of the date of enact-
ment of this Act, the Forest Service, in consultation with 
appropriate State and local agencies, shall conduct a study 
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(i) by striking ‘‘required minimum’’ in 
subsection (b)(1) and inserting ‘‘minimum 
required’’, 
(ii) by inserting ‘‘or unpaid minimum 
required contribution, whichever is applica-
ble’’ after ‘‘accumulated funding defi-
ciency’’ each place it appears in sub-
sections (c)(3) and (d)(1), and 
(iii) 
by 
striking 
‘‘section 
412(a)(1)(A)’’ in subsection (e)(1) and in-
serting ‘‘section 412(a)(2)’’. 
(3) AMENDMENT TO 2006 ACT.—Section 114 of 
the 2006 Act is amended by adding at the end the 
following new subsection: 
‘‘(g) EFFECTIVE DATES.— 
‘‘(1) IN GENERAL.—The amendments made by 
this section shall apply to plan years beginning after 
2007. 
‘‘(2) EXCISE TAX.—The amendments made by 
subsection (e) shall apply to taxable years beginning 
after 2007, but only with respect to plan years de-
scribed in paragraph (1) which end with or within 
any such taxable year.’’. 
(e) AMENDMENT RELATED TO SECTION 116.—Sec-
tion 409A(b)(3)(A)(ii) of the 1986 Code is amended by 
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681 
(2) no fewer than 4 demonstration projects at 
4 universities, that, as competitively selected by the 
Commercial Director in accordance with subsection 
(c)(2), have— 
(A) appropriate research resources and rel-
evant projects to meet the goals of the dem-
onstration project established by the Office of 
Commercial High-Performance Green Build-
ings; and 
(B) the ability— 
(i) to serve as a model for high-per-
formance green building initiatives, includ-
ing research and education; 
(ii) to identify the most effective ways 
o use high-performance green building and 
landscape technologies to engage and edu-
cate undergraduate and graduate students; 
(iii) to effectively implement a high- 
performance green building education pro-
gram for students and occupants; 
(iv) to demonstrate the effectiveness 
of various high-performance technologies in 
each of the 4 climatic regions of the 
United States described in subsection 
(c)(2)(B); and
166 
HR 3222 RS 
to the Congress on the basis that any equipment which was 
classified as an end item and funded in a procurement ap-
propriation contained in this Act shall be budgeted for in 
a proposed fiscal year 2009 procurement appropriation and 
not in the supply management business area or any other 
area or category of the Department of Defense Working 
Capital Funds. 
SEC. 8034. None of the funds appropriated by this Act 
for programs of the Central Intelligence Agency shall re-
main available for obligation beyond the current fiscal year, 
except for funds appropriated for the Reserve for Contin-
gencies, which shall remain available until September 30, 
2009: Provided, That funds appropriated, transferred, or 
otherwise credited to the Central Intelligence Agency Cen-
tral Services Working Capital Fund during this or any 
prior or subsequent fiscal year shall remain available until 
expended: Provided further, That any funds appropriated 
or transferred to the Central Intelligence Agency for ad-
vanced research and development acquisition, for agent op-
erations, and for covert action programs authorized by the 
President under section 503 of the National Security Act 
of 1947, as amended, shall remain available until Sep-
tember 30, 2009. 
SEC. 8035. Notwithstanding any other provision of 
law, funds made available in this Act for the Defense Intel-
555 
(2) by adding ‘‘or’’ at the end of subclause (II) 
of subparagraph (D)(iv) and by adding at the end of 
such subparagraph the following new subclause: 
‘‘(III) the fair market value of prop-
erty (other than sales of foreclosure property 
or sales to which section 1033 applies) sold 
during the taxable year does not exceed 10 
percent of the fair market value of all of the 
assets of the trust as of the beginning of the 
taxable year,’’. 
PART 4—HEALTH CARE REITS 
SEC. 630. CONFORMITY FOR HEALTH CARE FACILITIES. 
(a) RELATED PARTY RENTALS.—Subparagraph (B) of 
section 856(d)(8) (relating to special rule for taxable REIT 
subsidiaries) is amended to read as follows: 
‘‘(B) EXCEPTION FOR CERTAIN LODGING FA-
CILITIES
AND
HEALTH
CARE
PROPERTY.—The 
requirements of this subparagraph are met with 
respect to an interest in real property which is 
a qualified lodging facility or a qualified health 
care 
property 
(as 
defined 
in 
subsection 
(e)(6)(D)(i)) leased by the trust to a taxable 
REIT subsidiary of the trust if the property is 
operated on behalf of such subsidiary by a person 
who is an eligible independent contractor. For
272 
of the opportunities of urban and wildland-urban interface 
forestry programs to enhance net biological sequestration 
of greenhouse gases and achieve other benefits. 
(h) REPORTING.— 
(1) REPORTS
BY
AGENCIES.—Not later than 
December 31 each fiscal year, each agency shall sub-
mit to the Administrator and make publicly available 
on the agency’s website a report on the agency’s im-
plementation of its plan required by subsection (d) 
for the preceding fiscal year, including the inventory 
of greenhouse gas emissions of the agency during 
such fiscal year. 
(2) ANNUAL REPORT TO CONGRESS.—The Ad-
ministrator shall review each report submitted under 
paragraph (1) for technical validity and compile 
such reports in an annual report on the Federal 
Government’s progress toward carbon neutrality. 
The Administrator shall submit such annual report 
to the Committee on Oversight and Government Re-
form of the House of Representatives and the Com-
mittee on Governmental Affairs of the Senate and 
make such annual report publicly available on the 
Environmental Protection Agency’s website. 
(3) ELECTRONIC
SUBMISSION.—In complying 
with any requirement of this subtitle for submission 
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556 
purposes of this section, a taxable REIT sub-
sidiary is not considered to be operating or man-
aging a qualified health care property or quali-
fied lodging facility solely because it directly or 
indirectly possesses a license, permit or similar 
instrument enabling it to do so.’’. 
(b) ELIGIBLE INDEPENDENT CONTRACTOR.—Subpara-
graphs (A) and (B) of section 856(d)(9) (relating to eligible 
independent contractor) are amended to read as follows: 
‘‘(A) IN GENERAL.—The term ‘eligible inde-
pendent contractor’ means, with respect to any 
qualified lodging facility or qualified health care 
property (as defined in subsection (e)(6)(D)(i)), 
any independent contractor if, at the time such 
contractor enters into a management agreement 
or other similar service contract with the taxable 
REIT subsidiary to operate such qualified lodg-
ing facility or qualified health care property, 
such contractor (or any related person) is ac-
tively engaged in the trade or business of oper-
ating qualified lodging facilities or qualified 
health care properties, respectively, for any per-
son who is not a related person with respect to 
the real estate investment trust or the taxable 
REIT subsidiary.
557 
‘‘(B) SPECIAL RULES.—Solely for purposes 
of this paragraph and paragraph (8)(B), a per-
son shall not fail to be treated as an independent 
contractor with respect to any qualified lodging 
facility or qualified health care property (as so 
defined) by reason of the following: 
‘‘(i) The taxable REIT subsidiary 
bears the expenses for the operation of such 
qualified lodging facility or qualified health 
care property pursuant to the management 
agreement or other similar service contract. 
‘‘(ii) The taxable REIT subsidiary re-
ceives the revenues from the operation of 
such qualified lodging facility or qualified 
health care property, net of expenses for 
such operation and fees payable to the oper-
ator pursuant to such agreement or con-
tract. 
‘‘(iii) The real estate investment trust 
receives income from such person with re-
spect to another property that is attrib-
utable to a lease of such other property to 
such person that was in effect as of the later 
of— 
‘‘(I) January 1, 1999, or
558 
‘‘(II) the earliest date that any 
taxable REIT subsidiary of such trust 
entered into a management agreement 
or other similar service contract with 
such person with respect to such quali-
fied lodging facility or qualified health 
care property.’’. 
(c) TAXABLE REIT SUBSIDIARIES.—The last sentence 
of section 856(l)(3) is amended— 
(1) by inserting ‘‘or a health care facility’’ after 
‘‘a lodging facility’’, and 
(2) by inserting ‘‘or health care facility’’ after 
‘‘such lodging facility’’. 
PART 5—EFFECTIVE DATES 
SEC. 632. EFFECTIVE DATES. 
(a) IN GENERAL.—Except as otherwise provided in 
this section, the amendments made by this subtitle shall 
apply to taxable years beginning after the date of the enact-
ment of this Act. 
(b) REIT INCOME TESTS.— 
(1) The amendment made by section 621(a) and 
(b) shall apply to gains and items of income recog-
nized after the date of the enactment of this Act.
178 
‘‘(5) RULE OF CONSTRUCTION.—This subsection 
may not be construed as implying any obligation on 
the part of the Director to consult with or obtain the 
consent or approval of the Director of the Office of 
Management and Budget with respect to any reports, 
plans, forecasts, or other information referred to in 
paragraph (1) or any jurisdiction or oversight over 
the affairs or operations of the Agency. 
‘‘(h) AUDIT OF AGENCY.— 
‘‘(1) IN
GENERAL.—The Comptroller General 
shall annually audit the financial transactions of the 
Agency in accordance with the U.S. generally accept-
ed government auditing standards as may be pre-
scribed by the Comptroller General of the United 
States. The audit shall be conducted at the place or 
places where accounts of the Agency are normally 
kept. The representatives of the Government Account-
ability Office shall have access to the personnel and 
to all books, accounts, documents, papers, records (in-
cluding electronic records), reports, files, and all other 
papers, automated data, things, or property belonging 
to or under the control of or used or employed by the 
Agency pertaining to its financial transactions and 
necessary to facilitate the audit, and such representa-
tives shall be afforded full facilities for verifying
inserting ‘‘to an applicable covered employee’’ after 
‘‘under the plan’’. 
SEC. 3. AMENDMENTS RELATED TO TITLE II. 
(a) AMENDMENT RELATED TO SECTIONS 201 AND 
211.—Section 201(b)(2)(A) of the 2006 Act is amended 
by striking ‘‘has not used’’ and inserting ‘‘has not adopt-
ed, or ceased using,’’. 
(b) AMENDMENTS RELATED TO SECTIONS 202 AND 
212.— 
(1) AMENDMENTS TO ERISA.— 
(A) Section 305(b)(3)(C) of ERISA is 
amended by striking ‘‘section 101(b)(4)’’ and 
inserting ‘‘section 101(b)(1)’’. 
(B) Section 305(b)(3)(D) of ERISA is 
amended by striking ‘‘The Secretary’’ in clause 
(iii) and inserting ‘‘The Secretary of the Treas-
ury, in consultation with the Secretary’’. 
(C) Section 305(c)(7) of ERISA is amend-
ed— 
(i) by striking ‘‘to agree on’’ and all 
that follows in subparagraph (A)(ii) and 
inserting ‘‘to adopt a contribution schedule 
with terms consistent with the funding im-
provement plan and a schedule from the 
plan sponsor,’’, and 
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IV 
House Calendar No. 110 
112TH CONGRESS 
2D SESSION 
H. RES. 539 
[Report No. 112–388] 
Providing for consideration of the bill (H.R. 3581) to amend the Balanced 
Budget and Emergency Deficit Control Act of 1985 to increase trans-
parency in Federal budgeting, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
FEBRUARY 6, 2012 
Mr. WOODALL, from the Committee on Rules, reported the following resolu-
tion; which was referred to the House Calendar and ordered to be printed 
RESOLUTION 
Providing for consideration of the bill (H.R. 3581) to amend 
the Balanced Budget and Emergency Deficit Control 
Act of 1985 to increase transparency in Federal budg-
eting, and for other purposes. 
Resolved, That at any time after the adoption of this 
resolution the Speaker may, pursuant to clause 2(b) of 
rule XVIII, declare the House resolved into the Committee 
of the Whole House on the state of the Union for consider-
ation of the bill (H.R. 3581) to amend the Balanced 
Budget and Emergency Deficit Control Act of 1985 to in-
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179 
transactions with the balances or securities held by 
depositories, fiscal agents, and custodians. All such 
books, accounts, documents, records, reports, files, pa-
pers, and property of the Agency shall remain in pos-
session and custody of the Agency. The Comptroller 
General may obtain and duplicate any such books, 
accounts, documents, records, working papers, auto-
mated data and files, or other information relevant to 
such audit without cost to the Comptroller General 
and the Comptroller General’s right of access to such 
information shall be enforceable pursuant to section 
716(c) of title 31, United States Code. 
‘‘(2) REPORT.—The Comptroller General shall 
submit to the Congress a report of each annual audit 
conducted under this subsection. The report to the 
Congress shall set forth the scope of the audit and 
shall include the statement of assets and liabilities 
and surplus or deficit, the statement of income and 
expenses, the statement of sources and application of 
funds, and such comments and information as may 
be deemed necessary to inform Congress of the finan-
cial operations and condition of the Agency, together 
with such recommendations with respect thereto as the 
Comptroller General may deem advisable. A copy of