In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.

Example Input: SECTION 1. AMENDMENT TO MAKE CHAPTER 12 OF TITLE 11, UNITED STATES 
              CODE, PERMANENT.

    (a) Reenactment.--Chapter 12 of title 11, United States Code, as 
reenacted by section 149 of division C of the Omnibus Consolidated and 
Emergency Supplemental Appropriations Act, 1999 (Public Law 105-277), 
and amended by this Act, is reenacted.
    (b) Effective Date.--Subsection (a) shall take effect on April 1, 
1999.
    (c) Conforming Amendment.--Section 302 of the Bankruptcy, Judges, 
United States Trustees, and Family Farmer Bankruptcy Act of 1986 (28 
U.S.C. 581 note) is amended by striking subsection (f).

SEC. 2. FAMILY FISHERMEN.

    (a) Definitions.--Section 101 of title 11, United States Code, is 
amended--
            (1) by inserting after paragraph (7) the following:
            ``(7A) `commercial fishing operation' includes--
                    ``(A) the catching or harvesting of fish, shrimp, 
                lobsters, urchins, seaweed, shellfish, or other aquatic 
                species or products; and
                    ``(B) aquaculture activities consisting of raising 
                for market any species or product described in 
                subparagraph (A);'';
            ``(7B) `commercial fishing vessel' means a vessel used by a 
        fisherman to carry out a commercial fishing operation;'';
            (2) by inserting after paragraph (19) the following:
            ``(19A) `family fisherman' means--
                    ``(A) an individual or individual and spouse 
                engaged in a commercial fishing operation--
                            ``(i) whose aggregate debts do not exceed 
                        $1,500,000 and not less than 80 percent of 
                        whose aggregate noncontingent, liquidated debts 
                        (excluding a debt for the principal residence 
                        of such individual or such individual and 
                        spouse, unless such debt arises out of a 
                        commercial fishing operation), on the date the 
                        case is filed, arise out of a commercial 
                        fishing operation owned or operated by such 
                        individual or such individual and spouse; and
                            ``(ii) who receive from such commercial 
                        fishing operation more than 50 percent of such 
                        individual's or such individual's and spouse's 
                        gross income for the taxable year preceding the 
                        taxable year in which the case concerning such 
                        individual or such individual and spouse was 
                        filed; or
                    ``(B) a corporation or partnership--
                            ``(i) in which more than 50 percent of the 
                        outstanding stock or equity is held by--
                                    ``(I) 1 family that conducts the 
                                commercial fishing operation; or
                                    ``(II) 1 family and the relatives 
                                of the members of such family, and such 
                                family or such relatives conduct the 
                                commercial fishing operation; and
                            ``(ii)(I) more than 80 percent of the value 
                        of its assets consists of assets related to the 
                        commercial fishing operation;
                            ``(II) its aggregate debts do not exceed 
                        $1,500,000 and not less than 80 percent of its 
                        aggregate noncontingent, liquidated debts 
                        (excluding a debt for 1 dwelling which is owned 
                        by such corporation or partnership and which a 
                        shareholder or partner maintains as a principal 
                        residence, unless such debt arises out of a 
                        commercial fishing operation), on the date the 
                        case is filed, arise out of a commercial 
                        fishing operation owned or operated by such 
                        corporation or such partnership; and
                            ``(III) if such corporation issues stock, 
                        such stock is not publicly traded;''; and
            (3) by inserting after paragraph (19A) the following:
            ``(19B) `family fisherman with regular annual income' means 
        a family fisherman whose annual income is sufficiently stable 
        and regular to enable such family fisherman to make payments 
        under a plan under chapter 12 of this title;''.
    (b) Who May Be a Debtor.--Section 109(f) of title 11, United States 
Code, is amended by inserting ``or family fisherman'' after ``family 
farmer''.
    (c)  Chapter 12.--Chapter 12 of title 11, United States Code, is 
amended--
            (1) in the chapter heading, by inserting ``OR FISHERMAN'' 
        after ``FAMILY FARMER'';
            (2) in section 1201, by adding at the end the following:
    ``(e)(1) Notwithstanding any other provision of law, for purposes 
of this subsection, a guarantor of a claim of a creditor under this 
section shall be treated in the same manner as a creditor with respect 
to the operation of a stay under this section.
    ``(2) For purposes of a claim that arises from the ownership or 
operation of a commercial fishing operation, a co-maker of a loan made 
by a creditor under this section shall be treated in the same manner as 
a creditor with respect to the operation of a stay under this 
section.'';
            (3) in section 1203, by inserting ``or commercial fishing 
        operation'' after ``farm'';
            (4) in section 1206, by striking ``if the property is 
        farmland or farm equipment'' and inserting ``if the property is 
        farmland, farm equipment, or property of a commercial fishing 
        operation (including a commercial fishing vessel)''; and
            (5) by adding at the end the following:
``Sec. 1232. Additional provisions relating to family fishermen
    ``(a)(1) Notwithstanding any other provision of law, except as 
provided in subsection (c), with respect to any commercial fishing 
vessel of a family fisherman, the debts of that family fisherman shall 
be treated in the manner prescribed in paragraph (2).
    ``(2)(A) For purposes of this chapter, a claim for a lien described 
in subsection (b) for a commercial fishing vessel of a family fisherman 
that could, but for this subsection, be subject to a lien under 
otherwise applicable maritime law, shall be treated as an unsecured 
claim.
    ``(B) Subparagraph (A) applies to a claim for a lien resulting from 
a debt of a family fisherman incurred on or after the date of enactment 
of this chapter.
    ``(b) A lien described in this subsection is--
            ``(1) a maritime lien under subchapter III of chapter 313 
        of title 46, United States Code, without regard to whether that 
        lien is recorded under section 31343 of title 46, United States 
        Code; or
            ``(2) a lien under applicable State law (or the law of a 
        political subdivision thereof).
    ``(c) Subsection (a) shall not apply to--
            ``(1) a claim made by a member of a crew or a seaman 
        including a claim made for--
                    ``(A) wages, maintenance, or cure; or
                    ``(B) personal injury; or
            ``(2) a preferred ship mortgage that has been perfected 
        under subchapter II of chapter 313 of title 46, United States 
        Code.
    ``(d) For purposes of this chapter, a mortgage described in 
subsection (c)(2) shall be treated as a secured claim.''.
    (d) Clerical Amendments.--
            (1) Table of chapters.--In the table of chapters for title 
        11, United States Code, the item relating to chapter 12, is 
        amended to read as follows:

``12. Adjustments of Debts of a Family Farmer or Family         1201''.
                            Fisherman with Regular Annual 
                            Income.
            (2) Table of sections.--The table of sections for chapter 
        12 of title 11, United States Code, is amended by adding at the 
        end the following new item:

``1232. Additional provisions relating to family fishermen.''.
Example Output: Amends the Omnibus Consolidated and Emergency Supplemental Appropriations Act, 1999 to reenact permanently chapter 12 of the Federal Bankruptcy Code (Adjustments of Debts of a Family Farmer). 
Amends Federal bankruptcy provisions to include family fishermen as authorized debtors. 
Requires a guarantor of a claim of a creditor to be treated in the same manner as a creditor with respect to the operation of a stay under such provisions.  Treats, with respect to the ownership or operation of a commercial fishing operation, a co-maker of a loan made by a creditor in the same manner as a creditor with respect to such a stay. 
Includes a commercial fishing operation under provisions concerning debtor rights and powers. 
Treats a claim for a lien for a commercial fishing vessel of a family fisherman as an unsecured claim.  States that such treatment shall not apply to: (1) a claim made by a crewmember or seaman for wages or personal injury; or (2) a preferred ship mortgage that has been perfected under provisions of the Uniform Commercial Code.

Example Input: SECTION 1. CLASS SIZE DEMONSTRATION GRANTS.

    Subpart 3 of part D of title V of the Higher Education Act of 1965 
(20 U.S.C. 1109 et seq.) is amended to read as follows:

              ``Subpart 3--Class Size Demonstration Grants

``SEC. 561. PURPOSE.

    ``It is the purpose of this subpart to provide grants to State 
educational agencies to enable such agencies to determine the benefits, 
in various school settings, of reducing class size on the educational 
performance of students and on classroom management and organization.

``SEC. 562. PROGRAM AUTHORIZED.

    ``(a) Program Authorized.--
            ``(1) In general.--The Secretary shall award grants, on a 
        competitive basis, to State educational agencies to pay the 
        Federal share of the costs of conducting demonstration projects 
        that demonstrate methods of reducing class size that may 
        provide information meaningful to other State educational 
        agencies and local educational agencies.
            ``(2) Federal share.--The Federal share shall be 50 
        percent.
    ``(b) Reservation.--The Secretary may reserve not more than 5 
percent of the amount appropriated under section 565A for each fiscal 
year to carry out the activities described in section 565.
    ``(c) Selection Criteria.--The Secretary shall make grants to State 
educational agencies on the basis of--
            ``(1) the need and the ability of a State educational 
        agency to reduce the class size of an elementary school or 
        secondary school served by such agency;
            ``(2) the ability of a State educational agency to furnish 
        the non-Federal share of the costs of the demonstration project 
        for which assistance is sought;
            ``(3) the ability of a State educational agency to continue 
        the project for which assistance is sought after the 
        termination of Federal financial assistance under this subpart; 
        and
            ``(4) the degree to which a State educational agency 
        demonstrates in the application submitted pursuant to section 
        564 consultation in program implementation and design with 
        parents, teachers, school administrators, and local teacher 
        organizations, where applicable.
    ``(d) Priority.--In awarding grants under this subpart, the 
Secretary shall give priority to demonstration projects that involve 
at-risk students in the earliest grades, including educationally or 
economically disadvantaged students, students with disabilities, and 
limited English proficient students.
    ``(e) Grants Must Supplement Other Funds.--A State educational 
agency shall use the Federal funds received under this subpart to 
supplement and not supplant other Federal, State, and local funds 
available to the State educational agency to carry out the purpose of 
this subpart.

``SEC. 563. PROGRAM REQUIREMENTS.

    ``(a) Annual Competition.--In each fiscal year, the Secretary shall 
announce the factors to be examined in a demonstration project assisted 
under this subpart. Such factors may include--
            ``(1) the magnitude of the reduction in class size to be 
        achieved;
            ``(2) the level of education in which the demonstration 
        projects shall occur;
            ``(3) the form of the instructional strategy to be 
        demonstrated; and
            ``(4) the duration of the project.
    ``(b) Random Techniques and Appropriate Comparison Groups.--
Demonstration projects assisted under this subpart shall be designed to 
utilize randomized techniques or appropriate comparison groups.

``SEC. 564. APPLICATION.

    ``(a) In General.--In order to receive a grant under this subpart, 
a State educational agency shall submit an application to the Secretary 
that is responsive to the announcement described in section 563(a), at 
such time, in such manner, and containing or accompanied by such 
information as the Secretary may reasonably require.
    ``(b) Duration.--The Secretary shall encourage State educational 
agencies to submit applications under this subpart for a period of 5 
years.
    ``(c) Contents.--Each application submitted under subsection (a) 
shall include--
            ``(1) a description of the objectives to be attained with 
        the grant funds and the manner in which the grant funds will be 
        used to reduce class size;
            ``(2) a description of the steps to be taken to achieve 
        target class sizes, including, where applicable, the 
        acquisition of additional teaching personnel and classroom 
        space;
            ``(3) a statement of the methods for the collection of data 
        necessary for the evaluation of the impact of class size 
        reduction programs on student achievement;
            ``(4) an assurance that the State educational agency will 
        pay, from non-Federal sources, the non-Federal share of the 
        costs of the demonstration project for which assistance is 
        sought; and
            ``(5) such additional assurances as the Secretary may 
        reasonably require.
    ``(d) Sufficient Size and Scope Required.--The Secretary shall 
award grants under this subpart only to State educational agencies 
submitting applications which described projects of sufficient size and 
scope to contribute to carrying out the purpose of this subpart.

``SEC. 565. EVALUATION AND DISSEMINATION.

    ``(a) National Evaluation.--The Secretary shall conduct a national 
evaluation of the demonstration projects assisted under this subpart to 
determine the costs incurred in achieving the reduction in class size 
and the effects of the reductions on results, such as student 
performance in the affected subjects or grades, attendance, discipline, 
classroom organization, management, and teacher satisfaction and 
retention.
    ``(b) Cooperation.--Each State educational agency receiving a grant 
under this subpart shall cooperate in the national evaluation described 
in subsection (a) and shall provide such information to the Secretary 
as the Secretary may reasonably require.
    ``(c) Reports.--The Secretary shall report to Congress on the 
results of the evaluation conducted under subsection (a).
    ``(d) Dissemination.--The Secretary shall widely disseminate 
information about the results of the class size demonstration projects 
assisted under this subpart.

``SEC. 565A. AUTHORIZATION OF APPROPRIATIONS.

    ``There are authorized to be appropriated to carry out this subpart 
$15,000,000 for fiscal year 1999 and each of the 4 succeeding fiscal 
years.''.

SEC. 2. PRIVATE SECTOR FUNDING FOR RESEARCH AND DEVELOPMENT BY NASA 
              RELATING TO AIRCRAFT PERFORMANCE.

    The Administrator of the National Aeronautics and Space 
Administration may not carry out research and development activities 
relating to the performance of aircraft (including supersonic aircraft 
and subsonic aircraft) unless the Administrator receives payment in 
full for such activities from the private sector.
Example Output: Amends the Higher Education Act of 1965 to establish a competitive Class Size Demonstration Grants program. 
Directs the Secretary of Education to award such grants to State educational agencies (SEAs) to pay half of the costs of conducting projects that demonstrate methods of reducing class size that may provide information meaningful to other SEAs and local educational agencies (LEAs).  Authorizes the Secretary to reserve up to five percent of funds for this Act for each fiscal year to carry out national evaluation and dissemination activities. 
Sets forth program requirements for:  (1) grant selection criteria; (2) priority for projects that involve at-risk students in the earliest grades, including educationally or economically disadvantaged students, students with disabilities, and limited English proficient students; (3) annual competitions; (4) random techniques and appropriate comparison groups; (5) applications; and (6) sufficient size and scope of projects. 
Directs the Secretary to:  (1) conduct, and report to the Congress on, a national evaluation of such projects to determine the costs incurred in achieving the reduction in class size and the effects of the reductions on results; and (2) widely disseminate information about the results of such projects. 
Authorizes appropriations. 
(Sec. 2) Prohibits the Administrator of the National Aeronautics and Space Administration from carrying out research and development activities relating to the performance of aircraft (including supersonic aircraft and subsonic aircraft) unless the Administrator receives payment in full for such activities from the private sector.

Example Input: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Bipartisan Student Loan Certainty 
Act''.

SEC. 2. INTEREST RATES.

    (a) Interest Rate Provisions and Disclosures.--Section 455 of the 
Higher Education Act of 1965 (20 U.S.C. 1087e) is amended--
            (1) in subsection (b)(7)(C), by inserting ``and before July 
        1, 2013,'' after`` July 1, 2006,''; and
            (2) by adding at the end of the following:
                    ``(E) Interest rate provisions for new loans on or 
                after july 1, 2013.--
                            ``(i) Federal direct stafford loans, 
                        federal direct unsubsidized stafford loans, and 
                        federal direct plus loans.--
                                    ``(I) In general.--Notwithstanding 
                                the preceding paragraphs of this 
                                subsection or subparagraph (A) or (B), 
                                for Federal Direct Stafford Loans, 
                                Federal Direct Unsubsidized Stafford 
                                Loans, and Federal Direct PLUS Loans 
                                for which the first disbursement is 
                                made on or after July 1, 2013, the 
                                applicable rate of interest shall, for 
                                loans disbursed during any 12-month 
                                period beginning on July 1 and ending 
                                on June 30, be determined on the 
                                preceding June 1 and be equal to--
                                            ``(aa) the bond equivalent 
                                        rate of 10-year Treasury bills 
                                        auctioned at the final auction 
                                        held prior to such June 1; plus
                                            ``(bb)(AA) 1.85 percent for 
                                        Federal Direct Stafford Loans 
                                        and Federal Direct Unsubsidized 
                                        Stafford Loans for 
                                        undergraduate students;
                                            ``(BB) 3.4 percent for 
                                        Federal Direct Unsubsidized 
                                        Stafford Loans for graduate 
                                        students; and
                                            ``(CC) 4.4 percent for 
                                        Federal Direct PLUS Loans.
                                    ``(II) Consultation.--The Secretary 
                                shall determine the applicable rates of 
                                interest under this clause after 
                                consultation with the Secretary of the 
                                Treasury and shall publish such rate in 
                                the Federal Register on or before June 
                                5 preceding the award year for which 
                                the rate is determined.
                                    ``(III) Rate.--The applicable rate 
                                of interest determined under subclause 
                                (I) for a Federal Direct Stafford Loan, 
                                a Federal Direct Unsubsidized Stafford 
                                Loan, or a Federal Direct PLUS Loan 
                                shall be fixed for the period of the 
                                Loan.
                            ``(ii) Consolidation loans.--Any Federal 
                        Direct Consolidation Loan for which the 
                        application is received on or after July 1, 
                        2013, shall bear interest at an annual rate on 
                        the unpaid principal balance of the loan that 
                        is equal to the lesser of--
                                    ``(I) the weighted average of the 
                                interest rates on the loans 
                                consolidated, rounded to the nearest 
                                higher one-eighth of one percent; or
                                    ``(II) 8.25 percent.''.
    (b) Exit Counseling Requirement.--Section 485(b)(1)(A)(vii) is 
amended--
            (1) by redesignating subclauses (III) and (IV) as 
        subclauses (VI) and (VII), respectively; and
            (2) by inserting after subclause (II) the following:
                                    ``(III) the borrower's options for 
                                loan consolidation;
                                    ``(IV) information about the 
                                income-based repayment plan under 
                                section 493C, including information 
                                about capped monthly payments and loan 
                                forgiveness under such plan;
                                    ``(V) information about Federal 
                                Direct Consolidation Loans, which for 
                                applications received on or after July 
                                1, 2013, have a maximum interest rate 
                                of 8.25 percent, as described under 
                                section 455(b)(7)(E)(ii)''.

SEC. 3. RULE OF CONSTRUCTION.

    Nothing in this Act shall be construed to provide the Secretary of 
Education with the authority to require, or promulgate regulations 
requiring, new counseling not otherwise required by section 2, and the 
amendments made by such section, or the Higher Education Act of 1965 
(20 U.S.C. 1001 et seq.).

SEC. 4. DETERMINATION OF BUDGETARY EFFECTS.

    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 Senate Budget Committee, provided that 
such statement has been submitted prior to the vote on passage.
Example Output:
Bipartisan Student Loan Certainty Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to set the annual interest rate on Direct Loans at the bond equivalent rate on 91-day Treasury bills plus: (1) 1.85% for Direct Stafford Loans and Direct Unsubsidized Stafford Loans for undergraduate students, (2) 3.4% for Direct Unsubsidized Stafford Loans for graduate students, and (3) 4.4% for Direct PLUS Loans.  Fixes the interest rate on such loans for the period of the loan. Sets the annual interest rate on the unpaid principle balance of Direct Consolidation Loans at the lesser of: (1) the weighted average of the interest rates on the loans consolidated, rounded to the nearest higher one-eighth of 1%; or (2) 8.25%.  Makes these interest rate provisions applicable to loans first disbursed on or after July 1, 2013. Requires institutions of higher education (IHEs) to provide student borrowers of title IV loans, prior to or at the time of their departure from school, with information regarding: (1) their options for loan consolidation; (2) the income-based repayment plan, including information about capped monthly payments and loan forgiveness under the plan; and (3) Direct Consolidation Loans.