datamatters24/research-document-archive huggingface dataset:
(8)(A) Subsection (b) of section 55 (relating to 
alternative minimum tax imposed) is amended to 
read as follows: 
‘‘(b) TENTATIVE MINIMUM TAX.—For purposes of 
this part—
‘‘(1) AMOUNT OF TENTATIVE TAX.—The ten-
tative minimum tax for the taxable year is—
‘‘(A) 20 percent of so much of the alter-
native minimum taxable income for the taxable 
year as exceeds the exemption amount, reduced 
by 
‘‘(B) the alternative minimum tax foreign 
tax credit for the taxable year. 
‘‘(2) ALTERNATIVE
MINIMUM
TAXABLE
IN-
COME.—The term ‘alternative minimum taxable in-
come’ means the taxable income of the taxpayer for 
the taxable year—
‘‘(A) determined with the adjustments pro-
vided in section 56, and 
‘‘(B) increased by the amount of the items 
of tax preference described in section 57. 
If a taxpayer is subject to the regular tax, such tax-
payer shall be subject to the tax imposed by this sec-
tion (and, if the regular tax is determined by ref-
erence to an amount other than taxable income, such
amount shall be treated as the taxable income of 
such taxpayer for purposes of the preceding sen-
tence).’’. 
(B) Subsection (d) of section 55 is amended to 
read as follows: 
‘‘(d) EXEMPTION AMOUNT.—For purposes of this 
section—
‘‘(1) IN
GENERAL.—The term ‘exemption 
amount’ means $40,000. 
‘‘(2) PHASE-OUT
OF
EXEMPTION
AMOUNT.—
The exemption amount of any taxpayer shall be re-
duced (but not below zero) by an amount equal to 
25 percent of the amount by which the alternative 
minimum taxable income of the taxpayer exceeds 
$150,000.’’. 
(9)(A) Paragraph (6) of section 56(a) is 
amended to read as follows: 
‘‘(6) ADJUSTED BASIS.—The adjusted basis of 
any property to which paragraph (1) or (5) applies 
(or with respect to which there are any expenditures 
to which paragraph (2) applies) shall be determined 
on the basis of the treatment prescribed in para-
graph (1), (2), or (5), whichever applies.’’. 
(B) Section 56 is amended by striking sub-
section (b).
I 
109TH CONGRESS 
1ST SESSION H. R. 2742 
To amend the Small Business Act to increase the minimum Government- 
wide goal for procurement contracts awarded to small business concerns. 
IN THE HOUSE OF REPRESENTATIVES 
MAY 26, 2005 
Mr. WYNN introduced the following bill; which was referred to the Committee 
on Small Business 
A BILL 
To amend the Small Business Act to increase the minimum 
Government-wide goal for procurement contracts award-
ed to small business concerns. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. INCREASE IN GOVERNMENT-WIDE GOAL FOR 
PROCUREMENT CONTRACTS AWARDED TO 
SMALL BUSINESS CONCERNS. 
Section 15(g)(1) of the Small Business Act (15 
U.S.C. 644(g)(1)) is amended by striking ‘‘23 percent’’ 
and inserting ‘‘25 percent’’. 
Æ
(C) Subsection (c) of section 56 is amended by 
striking so much of the subsection as precedes para-
graph (1), by redesignating paragraphs (1), (2), and 
(3) as paragraphs (8), (9), and (10), respectively, 
and moving them to the end of subsection (a). 
(D) Paragraph (8) of section 56(a), as redesig-
nated by subparagraph (C), is amended by striking 
‘‘subsection (g)’’ and inserting ‘‘subsection (c)’’. 
(E) Section 56 is amended by striking sub-
section (e) and by redesignating subsections (d) and 
(g) as subsections (b) and (c), respectively. 
(10)(A) Section 58 is hereby repealed. 
(B) Clause (i) of section 56(b)(2)(A) (as redes-
ignated by subparagraph (E), is amended by insert-
ing ‘‘, in the case of taxable years beginning before 
January 1, 2006,’’ before ‘‘section 58’’. 
(C) Subsection (h) of section 59 is amended—
(i) by striking ‘‘, 465, and 1366(d)’’ and 
inserting ‘‘and 465’’, and 
(ii) by striking ‘‘56, 57, and 58’’ and in-
serting ‘‘56 and 57’’. 
(11)(A) Subparagraph (C) of section 59(a)(1) 
is amended by striking ‘‘subparagraph (A)(i) or 
(B)(i) of section 55(b)(1) (whichever applies)’’ and 
inserting ‘‘section 55(b)(1)(A)’’.
(B) Paragraph (3) of section 59(a) is amended 
to read as follows: 
‘‘(3) PRE-CREDIT TENTATIVE MINIMUM TAX.—
For purposes of this subsection, the term ‘pre-credit 
tentative minimum tax’ means the amount deter-
mined under section 55(b)(1)(A).’’. 
(C) Section 59 is amended by striking sub-
section (c). 
(D) Section 59 is amended by striking sub-
section (j). 
(12) Paragraph (7) of section 382(l) is amend-
ed by striking ‘‘section 56(d)’’ and inserting ‘‘section 
56(b)’’. 
(13) Paragraph (2) of section 641(c) is amend-
ed by striking subparagraph (B) and by redesig-
nating subparagraphs (C) and (D) as subparagraphs 
(B) and (C), respectively. 
(14) Subsections (b) and (c) of section 666 are 
each amended by striking ‘‘(other than the tax im-
posed by section 55)’’. 
(15) Subsections (c)(5) and (d)(3)(B) of section 
772 are each amended by striking ‘‘56, 57, and 58’’ 
and inserting ‘‘56 and 57’’.
(16) Sections 847(9) and 848(i) are each 
amended by striking ‘‘section 56(g)’’ and inserting 
‘‘section 56(c)’’. 
(17) Sections 871(b)(1) and 877(b) are each 
amended by striking ‘‘or 55’’. 
(18) Subsection (a) of section 897 is amended 
to read as follows: 
‘‘(a) GENERAL RULE.—For purposes of this title, 
gain or loss of a nonresident alien individual or a foreign 
corporation from the disposition of a United States real 
property interest shall be taken into account—
‘‘(1) in the case of a nonresident alien indi-
vidual, under section 871(b)(1), or 
‘‘(2) in the case of a foreign corporation, under 
section 882(a)(1), 
as if the taxpayer were engaged in a trade or business 
within the United States during the taxable year and as 
if such gain or loss were effectively connected with such 
trade or business.’’. 
(19) Paragraph (1) of section 962(a) is amend-
ed by striking ‘‘sections 1 and 55’’ and inserting 
‘‘section 1’’. 
(20) Paragraph (1) of section 1397E(c) is 
amended to read as follows:
V 
109TH CONGRESS 
1ST SESSION H. R. 2743 
For the relief of Aida Abigail Trevino de Zamarron. 
IN THE HOUSE OF REPRESENTATIVES 
MAY 26, 2005 
Mr. CUELLAR introduced the following bill; which was referred to the 
Committee on the Judiciary 
A BILL 
For the relief of Aida Abigail Trevino de Zamarron. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. PERMANENT RESIDENT STATUS FOR AIDA ABI-
GAIL TREVINO DE ZAMARRON. 
(a) IN GENERAL.—Notwithstanding subsections (a) 
and (b) of section 201 of the Immigration and Nationality 
Act, Aida Abigail Trevino de Zamarron shall be eligible 
for issuance of an immigrant visa or for adjustment of 
status to that of an alien lawfully admitted for permanent 
residence upon filing an application for issuance of an im-
migrant visa under section 204 of such Act or for adjust-
ment of status to lawful permanent resident.
(b) ADJUSTMENT
OF
STATUS.—If Aida Abigail 
Trevino de Zamarron enters the United States before the 
filing deadline specified in subsection (c), she shall be con-
sidered to have entered and remained lawfully and shall, 
if otherwise eligible, be eligible for adjustment of status 
under section 245 of the Immigration and Nationality Act 
as of the date of the enactment of this Act. 
(c) DEADLINE FOR APPLICATION AND PAYMENT OF 
FEES.—Subsections (a) and (b) shall apply only if the ap-
plication for issuance of an immigrant visa or the applica-
tion for adjustment of status is filed with appropriate fees 
within 2 years after the date of the enactment of this Act. 
(d) REDUCTION OF IMMIGRANT VISA NUMBER.— 
Upon the granting of an immigrant visa or permanent res-
idence to Aida Abigail Trevino de Zamarron, the Secretary 
of State shall instruct the proper officer to reduce by 1, 
during the current or next following fiscal year, the total 
number of immigrant visas that are made available to na-
tives of the country of the alien’s birth under section 
203(a) of the Immigration and Nationality Act or, if appli-
cable, the total number of immigrant visas that are made 
available to natives of the country of the alien’s birth 
under section 202(e) of such Act. 
(e) 
DENIAL
OF
PREFERENTIAL
IMMIGRATION 
TREATMENT
FOR CERTAIN RELATIVES.—The natural
parents, brothers, and sisters of Aida Abigail Trevino de 
Zamarron shall not, by virtue of such relationship, be ac-
corded any right, privilege, or status under the Immigra-
tion and Nationality Act. 
Æ
‘‘(1) the regular tax liability (as defined in sec-
tion 26(b), over’’. 
(21) The last sentence of section 1561(a) is 
amended by striking ‘‘section 55(d)(3)’’ and insert-
ing ‘‘section 55(d)(2)’’. 
(22) Subparagraph (B) of section 6015(d)(2) is 
amended by striking ‘‘or 55’’. 
(c) EFFECTIVE DATE.—The amendments made by 
this section shall apply to taxable years beginning after 
December 31, 2005. 
(d) TRANSITIONAL RULE RELATING TO MINIMUM 
TAX CREDIT.—
(1) IN GENERAL.—The pre-effective date min-
imum tax credit of a taxpayer other than a corpora-
tion shall not be allowed under section 53 of the In-
ternal Revenue Code of 1986 but shall be allowed 
under this subsection. 
(2) PRE-EFFECTIVE DATE MINIMUM TAX CRED-
IT.—For purposes of this subsection, the term ‘‘pre-
effective date minimum tax credit’’ means the 
amount determined under section 53(b) of such 
Code for the first taxable year beginning after De-
cember 31, 2005. 
(3) AMOUNT OF CREDIT.—
(A) IN GENERAL.—The pre-effective date 
minimum tax credit of a taxpayer other than a 
corporation shall be allowed ratably over the pe-
riod of 10 taxable years beginning with the first 
taxable year beginning after December 31, 
2005. 
(B) LIMITATION.—The credit allowable by 
this subsection for any taxable year shall not 
exceed the regular tax liability of the taxpayer 
for such taxable year reduced by the sum of the 
credits allowable under subparts A, B, D, E, 
and F of part IV of subchapter A of chapter 1 
of the Internal Revenue Code of 1986. 
(C) CARRYFORWARD.—If the credit allow-
able by this subsection exceeds the limitation 
imposed by subparagraph (B), such excess shall 
be carried to the succeeding taxable year and 
added to the credit allowable under this sub-
section for such succeeding taxable year. 
(4) ACCELERATION
OF
CREDIT
WHERE
PRE-
VIOUSLY TAXED INCOME.—
(A) IN
GENERAL.—The credit allowed 
under this subsection for any taxable year shall 
not be less than so much of the limitation de-
scribed in paragraph (3)(B) for the taxable year
as is attributable to previously taxed incentive 
stock option gain. Proper adjustments shall be 
made in the amount allowed under this sub-
section for subsequent taxable years to take 
into account any increased credit allowed by 
reason of this paragraph. 
(B) INCENTIVE STOCK OPTION GAIN.—For 
purposes of subparagraph (A), the term ‘‘pre-
viously taxed incentive stock option gain’’ 
means the amount of gain recognized during 
the taxable year on account of the disposition of 
stock acquired by exercising an incentive stock 
option (as defined in section 422 of such Code) 
to the extent such gain does not exceed the 
amount of gain previously taken into account 
by reason of section 56(b)(3) of such Code (as 
in effect on the day before the date of the en-
actment of this Act) with respect to such op-
tion. 
(5) DEFINITIONS.—Terms used in this sub-
section which are also used in section 53 of such 
Code shall have the respective meanings given to 
such terms by such section 53.
148 
each regulated entity and shall exercise such general 
regulatory and supervisory authority, including such 
duties and authorities set forth under section 1313 of 
this Act, to ensure that the purposes of this Act, the 
authorizing statutes, and any other applicable law 
are carried out. The Director shall have the same su-
pervisory and regulatory authority over any joint of-
fice of the Federal home loan banks, including the Of-
fice of Finance of the Federal Home Loan Banks, as 
the Director has over the individual Federal home 
loan banks. 
‘‘(c) SAVINGS PROVISION.—The authority of the Direc-
tor to take actions under subtitles B and C shall not in 
any way limit the general supervisory and regulatory au-
thority granted to the Director. 
‘‘SEC. 1312. DIRECTOR. 
‘‘(a) ESTABLISHMENT OF POSITION.—There is estab-
lished the position of the Director of the Federal Housing 
Finance Agency, who shall be the head of the Agency. 
‘‘(b) APPOINTMENT; TERM.— 
‘‘(1) APPOINTMENT.—The Director shall be ap-
pointed by the President, by and with the advice and 
consent of the Senate, from among individuals who 
are citizens of the United States, have a demonstrated 
understanding of financial management or oversight,
IV 
110TH CONGRESS 
2D SESSION 
H. RES. 1370 
Calling on the Government of the People’s Republic of China to immediately 
end abuses of the human rights of its citizens, to cease repression 
of Tibetan and Uighur citizens, and to end its support for the Govern-
ments of Sudan and Burma to ensure that the Beijing 2008 Olympic 
Games take place in an atmosphere that honors the Olympic traditions 
of freedom and openness. 
IN THE HOUSE OF REPRESENTATIVES 
JULY 23, 2008 
Mr. BERMAN submitted the following resolution; which was referred to the 
Committee on Foreign Affairs 
RESOLUTION 
Calling on the Government of the People’s Republic of China 
to immediately end abuses of the human rights of its 
citizens, to cease repression of Tibetan and Uighur citi-
zens, and to end its support for the Governments of 
Sudan and Burma to ensure that the Beijing 2008 Olym-
pic Games take place in an atmosphere that honors 
the Olympic traditions of freedom and openness. 
Whereas the relationship between the United States and the 
People’s Republic of China is one of the most important 
and complex in global affairs; 
Whereas in the context of this complex relationship, the pro-
motion of human rights and political freedoms in the 
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149 
and have a demonstrated understanding of capital 
markets, including the mortgage securities markets 
and housing finance. 
‘‘(2) TERM AND REMOVAL.—The Director shall 
be appointed for a term of 5 years and may be re-
moved by the President only for cause. 
‘‘(3) VACANCY.—A vacancy in the position of Di-
rector that occurs before the expiration of the term for 
which a Director was appointed shall be filled in the 
manner established under paragraph (1), and the Di-
rector appointed to fill such vacancy shall be ap-
pointed only for the remainder of such term. 
‘‘(4) SERVICE AFTER END OF TERM.—An indi-
vidual may serve as the Director after the expiration 
of the term for which appointed until a successor has 
been appointed. 
‘‘(5) 
TRANSITIONAL
PROVISION.—Notwith-
standing paragraphs (1) and (2), the Director of the 
Office of Federal Housing Enterprise Oversight of the 
Department of Housing and Urban Development shall 
serve as the Director until a successor has been ap-
pointed under paragraph (1). 
‘‘(c) DEPUTY DIRECTOR OF THE DIVISION OF ENTER-
PRISE REGULATION.—
IV 
110TH CONGRESS 
2D SESSION 
H. RES. 1371 
Congratulating the Saratoga Race Course as it celebrates its 140th season. 
IN THE HOUSE OF REPRESENTATIVES 
JULY 23, 2008 
Mrs. GILLIBRAND submitted the following resolution; which was referred to 
the Committee on Oversight and Government Reform 
RESOLUTION 
Congratulating the Saratoga Race Course as it celebrates 
its 140th season. 
Whereas, July 23, 2008, marks the start of the Saratoga 
Race Course’s 140th season; 
Whereas horseracing enjoys a history rich in tradition 
throughout the world; 
Whereas the Saratoga Race Course welcomes the best 
thoroughbreds from across the world; 
Whereas the Saratoga Race Course has the highest total at-
tendance of any New York thoroughbred racetrack, de-
spite having the shortest season; 
Whereas the Saratoga Race Course is the oldest organized 
sporting venue in the United States; 
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1482 
Sec. 3517. Review of applications for loans and guarantees. 
Subtitle C—Technical Corrections 
Sec. 3521. Personal injury to or death of seamen. 
Sec. 3522. Amendments to Chapter 537 based on Public Law 109–163. 
Sec. 3523. Additional amendments based on Public Law 109–163. 
Sec. 3524. Amendments based on Public Law 109–171. 
Sec. 3525. Amendments based on Public Law 109–241. 
Sec. 3526. Amendments based on Public Law 109–364. 
Sec. 3527. Miscellaneous amendments. 
Sec. 3528. Application of sunset provision to codified provision. 
Sec. 3529. Additional technical corrections. 
Subtitle A—Maritime 
Administration Reauthorization 
SEC. 3501. AUTHORIZATION OF APPROPRIATIONS FOR FIS-
CAL YEAR 2008. 
Funds are hereby authorized to be appropriated for 
fiscal year 2008, to be available without fiscal year limita-
tion if so provided in appropriations Acts, for the use of 
the Department of Transportation for the Maritime Ad-
ministration as follows: 
(1) For expenses necessary for operations and 
training activities, $124,303,000, of which— 
(A) $63,958,000 shall remain available 
until expended for expenses and capital im-
provements at the United States Merchant Ma-
rine Academy; and 
(B) $11,500,000 which shall remain avail-
able until expended for maintenance and repair 
of school ships at the State Maritime Acad-
emies.
1483 
(2) For expenses to maintain and preserve a 
United States-flag merchant fleet to serve the na-
tional security needs of the United States under 
chapter 531 of title 46, United States Code, 
$156,000,000. 
(3) For paying reimbursement under section 
3517 of the Maritime Security Act of 2003 (46 
U.S.C. 53101 note), $19,500,000. 
(4) For assistance to small shipyards and mari-
time communities under section 54101 of title 46, 
United States Code, $25,000,000. 
(5) For expenses to dispose of obsolete vessels 
in the National Defense Reserve Fleet, including 
provision of assistance under section 7 of Public 
Law 92–402, $20,000,000. 
(6) For the cost (as defined in section 502(5) 
of the Federal Credit Reform Act of 1990 (2 U.S.C 
661a(5)) of loan guarantees under the program au-
thorized by chapter 537 of title 46, United States 
Code, $30,000,000. 
(7) For administrative expenses related to the 
implementation of the loan guarantee program 
under chapter 537 of title 46, United States Code, 
administrative expenses related to implementation of 
the reimbursement program under section 3517 of
HR 2985 PP1S 
any unexpended balances of such amounts for any 
open fiscal year; and 
(5) such additional information as may be re-
quired by regulation of the Committee on House Ad-
ministration of the House of Representatives or the 
Committee on Rules and Administration of the Sen-
ate. 
(c) PRINTING.—Each report under this section shall 
be printed as a House document. 
(d) EFFECTIVE DATE.—This section shall apply with 
respect to the semiannual periods of October 1 through 
March 31 and April 1 through September 30 of each year, 
beginning with the semiannual period in which this section 
is enacted. 
OFFICE OF COMPLIANCE 
SALARIES AND EXPENSES 
For salaries and expenses of the Office of Compli-
ance, as authorized by section 305 of the Congressional 
Accountability Act of 1995 (2 U.S.C. 1385), $3,112,000, 
of which $780,000 shall remain available until September 
30, 2007: Provided, That the Executive Director of the 
Office of Compliance may, within the limits of available 
appropriations, dispose of surplus or obsolete personal 
property by interagency transfer, donation, or discarding: 
Provided further, That not more than $500 may be ex-
† HR 3962 EAS 
‘‘(1) IN GENERAL.—The plan sponsor of a plan 
may elect to have this section apply to not more than 
2 eligible plan years with respect to the plan, except 
that in the case of a plan to which section 106 of this 
Act applies, the plan sponsor may only elect to have 
this section apply to 1 eligible plan year. 
‘‘(2) AMORTIZATION SCHEDULE.—Such election 
shall specify whether the rules under subsection (b) or 
(c) shall apply to an election year, except that if a 
plan sponsor elects to have this section apply to 2 eli-
gible plan years, the plan sponsor must elect the same 
rule for both years. 
‘‘(3) OTHER
RULES.—Such election shall be 
made at such time, and in such form and manner, 
as shall be prescribed by the Secretary of the Treas-
ury, and may be revoked only with the consent of the 
Secretary of the Treasury. 
‘‘(e) DEFINITIONS.—For purposes of this section— 
‘‘(1) ELIGIBLE PLAN YEAR.—For purposes of this 
subparagraph, the term ‘eligible plan year’ means 
any plan year beginning in 2008, 2009, 2010, or 
2011, except that a plan year beginning in 2008 shall 
only be treated as an eligible plan year if the due 
date for the payment of the minimum required con-
Subtitle B—Revenue Offsets 
SEC. 311. ADDITIONAL INCOME TAX. 
(a) IN GENERAL.—Section 1 is amended by adding 
at the end the following new subsection: 
‘‘(j) ADDITIONAL INCOME TAX.—
‘‘(1) IN GENERAL.—If the adjusted gross in-
come of an individual exceeds the initial threshold 
amount, the tax imposed by this section (determined 
without regard to this subsection) shall be increased 
by an amount equal to the sum of—
‘‘(A) the applicable rate of so much of the 
adjusted gross income as exceeds the initial 
threshold amount but does not exceed the sec-
ond threshold amount, and 
‘‘(B) twice the applicable rate of so much 
of the adjusted gross income as exceeds the sec-
ond threshold amount. 
‘‘(2) APPLICABLE RATE.—For purposes of this 
section, the applicable rate is the rate estimated by 
the Secretary which will result in the Individual Tax 
Simplification Act of 2005 being revenue neutral 
over the first 10 years after its enactment. 
‘‘(3) THRESHOLD AMOUNTS.—For purposes of 
this subsection—
‘‘(A) INITIAL THRESHOLD AMOUNT.—The 
initial threshold amount is—
‘‘(i) $120,000 in the case of a joint 
return, 
‘‘(ii) $90,000 in the case of an indi-
vidual who is not married, and 
‘‘(iii) 1⁄2 the dollar amount applicable 
under clause (i) in the case of a married 
individual filing a separate return. 
‘‘(B) SECOND THRESHOLD AMOUNT.—The 
second threshold amount is—
‘‘(i) $150,000 in the case of a joint 
return, 
‘‘(ii) $112,000 in the case of an indi-
vidual who is not married, and 
‘‘(iii) 1⁄2 the dollar amount applicable 
under clause (i) in the case of a married 
individual filing a separate return. 
‘‘(C) MARITAL STATUS.—For purposes of 
this paragraph, marital status shall be deter-
mined under section 7703. 
‘‘(4) INFLATION ADJUSTMENT.—In the case of 
any taxable year beginning in a calendar year after 
2006, each dollar amount contained in paragraph 
(2) shall be increased by an amount equal to—
‘‘(A) such dollar amount, multiplied by 
‘‘(B) the cost-of-living adjustment deter-
mined under subsection (f)(3) for the calendar 
year in which the taxable year begins, by sub-
stituting ‘calendar year 2005’ for ‘calendar year 
1992’ in subparagraph (B) thereof. 
If any increase under the preceding sentence is not 
a multiple of $50, such increase shall be rounded to 
the nearest multiple of $50. 
‘‘(5) TAX
NOT
TO
APPLY
TO
ESTATES
AND 
TRUSTS.—This subsection shall not apply to an es-
tate or trust.’’. 
(b) EFFECTIVE DATE.—The amendment made by 
this section shall apply to taxable years beginning after 
December 31, 2005. 
(c) SECTION 15 NOT TO APPLY.—The amendment 
made by this section shall not be treated as a change in 
a rate of tax for purposes of section 15 of such Code.
Æ