datamatters24/research-document-archive huggingface dataset:
SEC. 3. BIENNIAL REPORT TO THE CONGRESS ON THE CUR-
RENT STATUS OF COIN PRODUCTION COSTS 
AND ANALYSIS OF ALTERNATIVE CONTENT. 
(a) REPORT REQUIRED.—Before the end of the 2- 
year period beginning on the date of the enactment of this 
Act, and at 2-year intervals following the end of such pe-
riod, the Secretary of the Treasury shall submit a report 
to the Committee on Financial Services of the House of 
Representatives and the Committee on Banking, Housing, 
and Urban Affairs of the Senate analyzing production 
costs for each circulating coin, cost trends for such pro-
duction, and possible new metallic materials or tech-
nologies for the production of circulating coins. 
(b) DETAILED RECOMMENDATIONS.—In preparing 
and submitting the reports required under subsection (a), 
the Secretary of the Treasury shall include detailed rec-
ommendations for any appropriate changes to the metallic 
content of circulating coins in such a form that the rec-
ommendations could be enacted into law as appropriate. 
(c) IMPROVED PRODUCTION EFFICIENCY.—In pre-
paring and submitting the reports required under sub-
section (a), the Secretary of the Treasury shall include 
recommendations for changes in the methods of producing 
coins that would further reduce the costs to produce circu-
lating coins, and include notes on the legislative changes 
that are necessary to achieve such goals. 
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(d) MINIMIZING CONVERSION COSTS.—In preparing 
and submitting the reports required under subsection (a), 
the Secretary of the Treasury, to the greatest extent pos-
sible, may not include any recommendation for new speci-
fications for producing a circulating coin that would re-
quire any significant change to coin-accepting and coin- 
handling equipment to accommodate changes to all circu-
lating coins simultaneously. 
(e) FRAUD
PREVENTION.—The reports required 
under this section shall make no recommendation for a 
specification change that would facilitate or allow the use 
of a coin with a lesser value produced, minted, or issued 
by another country, or the use of any token or other easily 
or regularly produced metal device of minimal value, in 
the place of a circulating coin produced by the Secretary. 
(f) RULE OF CONSTRUCTION.—No provision of this 
Act shall be construed as requiring that additional re-
search and development be conducted for any report under 
this Act but any such report shall include information on 
any such research and development during the period cov-
ered by the report. 
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SEC. 4. MEETING DEMAND FOR SILVER NUMISMATIC 
ITEMS. 
Section 5112(e) of title 31, United States Code is 
amended by striking ‘‘quantities’’ and inserting ‘‘qualities 
and quantities that the Secretary determines are’’. 
SEC. 5. TECHNICAL CORRECTIONS. 
Section 5112 of title 31, United States Code is 
amended— 
(1) in subsection (e), by inserting ‘‘qualities 
and’’ before ‘‘quantities’’; 
(2) in subsection (i)(1), by inserting ‘‘qualities 
and’’ before ‘‘quantities’’; and 
(3) in subsection (u)(1)— 
(A) by striking ‘‘exact duplicates’’ and in-
serting ‘‘likenesses’’; 
(B) by striking subparagraph (C); 
(C) by redesignating subparagraphs (D) 
and (E) as subparagraphs (C) and (D), respec-
tively; and 
(D) in subparagraph (A), by striking ‘‘of 
3.0 inches’’ and inserting ‘‘determined by the 
Secretary that is no less than 2.5 inches and no 
greater than 3.0 inches’’. 
Æ 
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112TH CONGRESS 
2D SESSION 
H. R. 3706 
AN ACT 
To create the Office of Chief Financial Officer of the 
Government of the Virgin Islands, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
HR 6162 RFS
tities’’ and inserting ‘‘qualities and quantities that the 
Secretary determines are’’. 
SEC. 5. TECHNICAL CORRECTIONS. 
Section 5112(u)(1) of title 31, United States Code 
is amended— 
(1) by striking ‘‘exact duplicates’’ and inserting 
‘‘likenesses’’; 
(2) by striking subparagraph (C); 
(3) by redesignating subparagraphs (D) and 
(E) as subparagraphs (C) and (D), respectively; and 
(4) in subparagraph (A), by striking ‘‘of 3.0 
inches’’ and inserting ‘‘determined by the Secretary 
that is no less than 2.5 inches and no greater than 
3.0 inches’’. 
SEC. 6. BUDGETARY EFFECT. 
The budgetary effects of this Act, for the purpose of 
complying with the Statutory Pay-As-You-Go Act of 2010, 
shall be determined by reference to the latest statement 
titled ‘‘Budgetary Effects of PAYGO Legislation’’ for this 
Act, submitted for printing in the Congressional Record 
by the Chairman of the House Budget Committee, pro-
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vided that such statement has been submitted prior to the 
vote on passage. 
Passed the House of Representatives September 29, 
2010. 
Attest: 
LORRAINE C. MILLER, 
Clerk. 
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I 
111TH CONGRESS 
2D SESSION 
H. R. 6163 
To require the Secretary of Health and Human Services to approve waivers 
under the Medicaid Program under title XIX of the Social Security 
Act that are related to State provider taxes that exempt certain retire-
ment communities. 
IN THE HOUSE OF REPRESENTATIVES 
SEPTEMBER 22, 2010 
Mr. BOOZMAN introduced the following bill; which was referred to the 
Committee on Energy and Commerce 
A BILL 
To require the Secretary of Health and Human Services 
to approve waivers under the Medicaid Program under 
title XIX of the Social Security Act that are related 
to State provider taxes that exempt certain retirement 
communities. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Provider Tax Adminis-
trative Simplification Act of 2010’’. 
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SEC. 2. PROVIDER TAX RULE EXEMPTION FOR CERTAIN 
CONTINUING CARE RETIREMENT COMMU-
NITIES. 
In the case of a State that has a provider tax that 
does not does not apply to continuing care retirement com-
munities or life care communities (as such terms are used 
for purposes of section 1917(g) of the Social Security Act 
(42 U.S.C. 1396p(g)) that have no beds that are certified 
to provide medical assistance (as such term is defined 
under section 1905(a) of such Act) under title XIX of the 
Social Security Act or that do not provide services for 
which payment may be made under title XIX of the Social 
Security Act, the Secretary of Health and Human Services 
shall approve a waiver under section 433.68(e)(2)(iii) of 
title 42 of the Code of Federal Regulations regardless of 
whether the Secretary determines that the State satisfies 
the requirements of section 433.68(e)(2)(iii)(B) of such 
title. 
Æ 
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I 
111TH CONGRESS 
2D SESSION 
H. R. 6164 
To amend the Internal Revenue Code of 1986 to allow a credit against 
tax for certain fruit and vegetable farmers. 
IN THE HOUSE OF REPRESENTATIVES 
SEPTEMBER 22, 2010 
Mr. BACA introduced the following bill; which was referred to the Committee 
on Ways and Means 
A BILL 
To amend the Internal Revenue Code of 1986 to allow a 
credit against tax for certain fruit and vegetable farmers. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Fresh Fruit and Vege-
table Grower Tax Incentive Act of 2010’’. 
SEC. 2. FRUIT AND VEGETABLE SMALL FARM CREDIT. 
(a) IN GENERAL.—Subpart D of part IV of sub-
chapter A of chapter 1 of the Internal Revenue Code of 
1986 is amended by adding at the end the following new 
section: 
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‘‘SEC. 45Q. FRUIT AND VEGETABLE SMALL FARM CREDIT. 
‘‘(a) ALLOWANCE OF CREDIT.—For purposes of sec-
tion 38, in the case of an eligible taxpayer, the fruit and 
vegetable small farm credit determined under this section 
for such taxable year is an amount equal to the lesser of— 
‘‘(1) $10,000, or 
‘‘(2) the taxable income of the taxpayer for the 
taxable year attributable to the trade or business of 
fruit and vegetable farming. 
‘‘(b) ELIGIBLE TAXPAYER.—For purposes of this 
section— 
‘‘(1) IN GENERAL.—The term ‘eligible taxpayer’ 
means any taxpayer— 
‘‘(A) who is engaged in the trade or busi-
ness of fruit and vegetable farming, 
‘‘(B) with respect to whom at least 75 per-
cent of taxable income attributable to the trade 
or business of farming for the preceding taxable 
year was attributable to fruit and vegetable 
farming, 
‘‘(C) whose gross receipts attributable to 
fruit and vegetable farming for the preceding 
taxable year are not more than $500,000, and 
‘‘(D) who is a farm-related taxpayer. 
‘‘(2) FRUIT AND VEGETABLE FARMING.—The 
term ‘fruit and vegetable farming’ means the farm-
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ing and sale of fruits, vegetables, or both, in fresh 
form generally considered as perishable, but does not 
include any grains or any perishable fruits and vege-
tables which have been manufactured into articles of 
food of a different kind or character. 
‘‘(3) FARM-RELATED
TAXPAYER.—The term 
‘farm-related taxpayer’ means— 
‘‘(A) any farm-related taxpayer (as defined 
in section 464(f)(3)(B)), or 
‘‘(B) any corporation, partnership, or other 
entity, substantially all of which is owned by 
one or more farm-related taxpayers. 
‘‘(c) SPECIAL RULES.—For purposes of this sec-
tion— 
‘‘(1) AGGREGATION RULES.—All persons which 
are treated as a single employer under subsections 
(a) and (b) of section 52 shall be treated as a single 
taxpayer. 
‘‘(2) ESTATES
AND
TRUSTS.—Under regula-
tions prescribed by the Secretary, rules similar to 
the rules of subsection (d) of section 52 shall apply. 
‘‘(3) TAX EXEMPT ORGANIZATIONS.—No credit 
shall be allowed under section 38 for any fruit and 
vegetable small farm credit determined under this 
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subpart to any organization which is exempt from 
tax under this chapter. 
‘‘(4) ALLOCATION IN THE CASE OF PARTNER-
SHIPS.—In the case of partnerships, the credit shall 
be allocated among partners under regulations pre-
scribed by the Secretary.’’. 
(b) CLERICAL AMENDMENT.—The table of sections 
for subpart D of part IV of subchapter A of chapter 1 
of such Code is amended by adding at the end the fol-
lowing new item: 
‘‘Sec. 45Q. Fruit and vegetable small farm credit.’’. 
(c) CONFORMING AMENDMENT.—Subsection (b) of 
section 38 of such Code is amended by striking ‘‘plus’’ 
at the end of paragraph (35), by striking the period at 
the end of paragraph (36) and inserting ‘‘, plus’’, and by 
adding at the end the following new paragraph: 
‘‘(37) the fruit and vegetable small farm credit 
determined under section 45Q(a).’’. 
(d) EFFECTIVE DATE.—The amendments made by 
this section shall apply to taxable years beginning after 
the date of the enactment of this Act. 
Æ 
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I 
111TH CONGRESS 
2D SESSION 
H. R. 6165 
To amend the Internal Revenue Code of 1986 to provide incentives for 
life sciences research. 
IN THE HOUSE OF REPRESENTATIVES 
SEPTEMBER 22, 2010 
Ms. SCHWARTZ (for herself, Mr. PASCRELL, Mr. BRADY of Texas, and Mr. 
NUNES) introduced the following bill; which was referred to the Com-
mittee on Ways and Means 
A BILL 
To amend the Internal Revenue Code of 1986 to provide 
incentives for life sciences research. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Life Sciences Jobs and 
Investment Act of 2010’’. 
SEC. 2. INCREASED CREDIT FOR INITIAL LIFE SCIENCES 
RESEARCH. 
(a) IN GENERAL.—Subsection (h) of section 41 of the 
Internal Revenue Code of 1986 is amended by redesig-
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nating subsection (h) as subsection (i) and inserting after 
subsection (g) the following new subsection: 
‘‘(h) SPECIAL RULES FOR INCREASED INITIAL LIFE 
SCIENCES RESEARCH.— 
‘‘(1) IN GENERAL.—In the case of qualified ini-
tial life sciences research expenses for any taxable 
year with respect to which the taxpayer elects the 
application of this subsection— 
‘‘(A) INCREASED CREDIT.—Subsection (a) 
shall be applied by substituting ‘40 percent’ for 
‘20 percent’. 
‘‘(B) AMOUNTS PAID FOR QUALIFIED LIFE 
SCIENCES
RESEARCH
TO
CERTAIN
RESEARCH 
INCUBATORS, ELIGIBLE
SMALL
BUSINESSES, 
UNIVERSITIES, 
AND
FEDERAL
LABORA-
TORIES.—Subsection (b)(3)(A) shall be applied 
by substituting ‘100 percent’ for ‘65 percent’, 
in the case of amounts paid or incurred to a 
qualified research incubator, or to persons de-
scribed in subclause (I), (II), or (III) of sub-
section (b)(3)(D)(i), for qualified life sciences 
research. 
‘‘(C) ALTERNATIVE SIMPLIFIED CREDIT IN 
CASE OF INITIAL QUALIFIED LIFE SCIENCE RE-
SEARCH.— 
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‘‘(i) Subsection (c)(5)(A) shall be ap-
plied by substituting ‘28 percent’ for ‘14 
percent’, and 
‘‘(ii) subsection (c)(5)(B) shall be ap-
plied by substituting ‘12 percent’ for ‘6 
percent’. 
‘‘(2) DEFINITIONS.—For purposes of this sub-
section— 
‘‘(A) QUALIFIED INITIAL LIFE SCIENCES 
RESEARCH EXPENSES.—The term ‘qualified ini-
tial life sciences research expenses’ means so 
much of the amounts taken into account under 
subsection (a) as are attributable to qualified 
life sciences research and do not exceed 
$150,000,000. 
‘‘(B) QUALIFIED
LIFE
SCIENCES
RE-
SEARCH.—The term ‘qualified life sciences re-
search’ means any qualified research with re-
spect to the branch of knowledge or study of bi-
ology, biochemistry, biophysics, bioengineering, 
microbiology, genetics, or physiology (in each 
case as such knowledge or study relates to 
human beings), except that the term does not 
include sociology or psychology. 
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‘‘(C) QUALIFIED RESEARCH INCUBATOR.— 
The term ‘qualified research incubator’ means 
any entity created by and operated under State 
law exclusively to conduct qualified life sciences 
research on behalf of the taxpayer and 1 or 
more unrelated taxpayers. 
‘‘(3) COORDINATION
WITH 965A.—This sub-
section shall not apply with respect to any taxpayer 
for any taxable year for which an election is in effect 
under section 965A (relating to limited deduction for 
life sciences jobs and investment in United States). 
‘‘(4) ELECTION.—Any election under this sub-
section shall be made in such manner as may be pre-
scribed by the Secretary, and shall be made with re-
spect to a taxable year not later than the due date 
(including extensions of time) for filing the tax-
payer’s return for such taxable year. 
‘‘(5) TERMINATION.—This subsection shall not 
apply to any taxable year beginning after December 
31, 2015.’’. 
(b) EFFECTIVE DATE.—The amendments made by 
this section shall apply to taxable years beginning after 
the date of the enactment of this Act. 
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SEC. 3. INCENTIVES TO INVEST IN LIFE SCIENCES JOBS, 
RESEARCH, AND FACILITIES. 
(a) IN GENERAL.—Subpart F of part III of sub-
chapter N of chapter 1 of the Internal Revenue Code of 
1986 (relating to controlled foreign corporations) is 
amended by adding at the end the following new section: 
‘‘SEC. 965A. LIMITED DEDUCTION FOR LIFE SCIENCES JOBS 
AND INVESTMENT IN UNITED STATES. 
‘‘(a) DEDUCTION.— 
‘‘(1) IN GENERAL.—In the case of a corpora-
tion which is a United States shareholder and for 
which the election under this section is in effect for 
the taxable year, there shall be allowed as a deduc-
tion an amount equal to 100 percent of the cash 
dividends which are received during such taxable 
year by such shareholder from controlled foreign cor-
porations. 
‘‘(2) DIVIDENDS PAID INDIRECTLY FROM CON-
TROLLED FOREIGN CORPORATIONS.—If, within the 
taxable year for which the election under this section 
is in effect, a United States shareholder receives a 
cash distribution from a controlled foreign corpora-
tion which is excluded from gross income under sec-
tion 959(a), such distribution shall be treated for 
purposes of this section as a cash dividend to the ex-
tent of any amount included in income by such 
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United 
States 
shareholder 
under 
section 
951(a)(1)(A), including as a result of any cash divi-
dend during such taxable year to— 
‘‘(A) such controlled foreign corporation 
from another controlled foreign corporation that 
is in a chain of ownership described in section 
958(a), or 
‘‘(B) any other controlled foreign corpora-
tion in such chain of ownership from another 
controlled foreign corporation in such chain of 
ownership, but only to the extent of cash dis-
tributions described in section 959(b) which are 
made during such taxable year to the controlled 
foreign corporation from which such United 
States shareholder received such distribution. 
‘‘(b) LIMITATIONS.— 
‘‘(1) IN GENERAL.—The amount of dividends 
taken into account under subsection (a) shall not ex-
ceed the lesser of— 
‘‘(A) $150,000,000, or 
‘‘(B) the amount shown on the applicable 
financial statement as earnings permanently re-
invested outside the United States. 
The amounts described in subparagraph (B) shall be 
treated as being zero if there is no such statement 
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or such statement fails to show a specific amount of 
such earnings. 
‘‘(2) REQUIREMENT
TO
INVEST
IN
LIFE 
SCIENCES.—Subsection (a) shall not apply to any 
dividend received by a United States shareholder un-
less the amount of the dividend is invested solely in 
the United States and solely for the purpose of— 
‘‘(A) the new hiring of additional sci-
entists, researchers, and comparable personnel 
engaged in qualified life sciences research, 
‘‘(B) payments to universities, qualified re-
search incubators, and other qualified organiza-
tions which are used by such organizations to 
conduct qualified life sciences research, or 
‘‘(C) the building or leasing of new facili-
ties to be used in the conduct of qualified life 
sciences research. 
‘‘(3) PROHIBITED USES.—Subsection (a) shall 
not apply to any dividend any amount of which is 
used by the taxpayer to pay remuneration for serv-
ices of any covered employee (as defined in section 
162(m)(3)), to pay dividends to the shareholders of 
the taxpayer, or to pay interest or principal on any 
debt security of the taxpayer. 
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‘‘(4) NO RESERVE.—Subsection (a) shall not 
apply to any dividend if the taxpayer’s compliance 
with this section is uncertain and requires a provi-
sion or reserve on the taxpayer’s applicable financial 
statements. 
‘‘(5) 
SEPARATE
ACCOUNT.—Subsection 
(a) 
shall not apply to any dividend unless the amount of 
the dividend is held in a separate account, trust, or 
other arrangement that segregates the amount from 
other funds of the taxpayer until the amount is used 
solely for the purposes described in paragraph (2). 
‘‘(c) SUBSTANTIATION OF COMPLIANCE.— 
‘‘(1) IN
GENERAL.—The taxpayer must sub-
stantiate its compliance with subsection (b) with 
written documents and such other credible evidence 
as the Secretary may reasonably require, and shall 
bear the burden of proof with respect to such sub-
stantiation. 
‘‘(2) CERTIFICATION.—The chief executive offi-
cer and the independent director serving as head of 
the audit committee of the taxpayer, or comparable 
corporate officials, shall attest in writing to the tax-
payer’s compliance with each of the requirements of 
subsection (b). 
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‘‘(d) DEFINITIONS AND SPECIAL RULES.—For pur-
poses of this section— 
‘‘(1) QUALIFIED
LIFE
SCIENCES
RESEARCH; 
QUALIFIED
RESEARCH
INCUBATOR.—The 
terms 
‘qualified life sciences research’ and ‘qualified re-
search incubator’ shall have the respective meanings 
given such terms by section 41(d). 
‘‘(2) The term ‘qualified organization’ means 
any organization described in subparagraph (A), 
(B), or (C) of section 41(e)(6). 
‘‘(3) The term ‘applicable financial statement’ 
and ‘dividend’ shall have the respective meanings 
given such terms by section 965(c). 
‘‘(4) Rules similar to the rules of paragraph (3) 
of section 965(b) shall apply for purposes of this 
section, except that such paragraph shall be applied 
by substituting ‘December 31, 2009’ for ‘October 3, 
2004’. 
‘‘(5) Rules similar to the rules of paragraphs 
(4) and (5) of section 965(c) shall apply for pur-
poses of this section, except that such paragraph (5) 
shall be applied— 
‘‘(A) by substituting ‘$150,000,000’ for 
‘$500,000,000’, and 
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‘‘(B) without regard to the reference to 
subparagraph (C) of section 965(b)(1). 
‘‘(e) DENIAL OF FOREIGN TAX CREDIT.— 
‘‘(1) No credit shall be allowed under section 
901 for any taxes paid or accrued (or treated as 
paid or accrued) with respect to any dividend with 
respect to which an election is in effect under this 
section and which is included in income under sec-
tion 951(a)(1)(A). 
‘‘(2) No deduction shall be allowed under this 
chapter for any tax for which credit is not allowable 
by reason of paragraph (1). 
‘‘(f) ELECTION.—Any election under this section 
shall be made in such manner as may be prescribed by 
the Secretary, and shall be made with respect to a taxable 
year not later than the due date (including extensions of 
time) for filing the taxpayer’s return for such taxable year. 
‘‘(g) TERMINATION.—This section shall not apply to 
any taxable year beginning after December 31, 2015.’’. 
(b) CLERICAL AMENDMENT.—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 fol-
lowing new section: 
‘‘Sec. 965A. Limited deduction for life sciences jobs and investment in United 
States.’’. 
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