TASK DEFINITION: In this task, you are given a summary for US Congressional and California state bill, your task is to generate a Title for this bill. The preferred titles are under forty words and mention the purpose of the bill.
PROBLEM: Egyptian Military Coup Act of 2014 - Prohibits U.S. government assistance to Egypt pursuant to the coup d'etat restriction under the Department of State, Foreign Operations, and Related Programs Act, 2012.  Suspends the provision of specified defense articles and services, and the processing of letters of offer and acceptance for future arms sales, until the President certifies to Congress that democratic national elections have taken place in Egypt followed by a peaceful transfer of power.

SOLUTION: Egyptian Military Coup Act of 2014

PROBLEM: Uniformed and Overseas Citizen Absentee Voting Reform Act of 2001 - Amends the Uniform and Overseas Citizens Absentee Voting Act to revise voter registration and absentee ballot application procedures for absent uniform services and overseas voters. Establishes a mandatory minimum period for acceptance of absentee ballots after date of election, as well as other specified requirements and prohibitions for the stated purpose of promoting participation of overseas and absent uniformed services voters.Makes it an additional duty of the Presidential designee under such Act to prescribe a standard oath for use with any document affirming that a material misstatement of fact in the completion of such a document may constitute grounds for a conviction for perjury.Provides for coverage of recently separated uniformed services voters.Requires the Presidential designee to make a payment to each eligible State for carrying out activities to comply with the requirements of this Act.

SOLUTION: To amend the Uniformed and Overseas Citizens Absentee Voting Act to increase the ability of absent uniformed services voters and overseas voters to participate in elections for Federal office, and for other purposes.

PROBLEM: This bill amends the Internal Revenue Code to modify the tax treatment of certain life insurance contract transactions.  The bill establishes reporting requirements for acquisitions of life insurance contracts in a reportable policy sale. Specified details must be reported regarding:   the payments, contracts, and people involved in the acquisition;  the seller's basis; and  payments of death benefits.   A &quot;reportable policy sale&quot; is the acquisition of an interest in a life insurance contract, directly or indirectly, if the acquirer has no substantial family, business, or financial relationship with the insured apart from the acquirer's interest in such life insurance contract.  The bill also: (1) specifies that no basis adjustment shall be made for mortality, expense, or other reasonable charges incurred under an annuity or life insurance contract; and (2) exempts the transfer of a life insurance contract, or any interest therein, in a reportable policy sale from the transfer for valuable consideration rule.  (Under current law, the transfer for valuable consideration rule provides that, if a life insurance contract or an interest in a contract is transferred for a valuable consideration, the tax exclusion for amounts received under a life insurance contract due to the death of the insured is limited to the sum of the actual value of the consideration and the premiums and other amounts subsequently paid by the transferee.)

SOLUTION:
To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes.