TASK DEFINITION: In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.
PROBLEM: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Protecting American Jobs Act''.

SEC. 2. AMENDMENTS TO THE NATIONAL LABOR RELATIONS ACT.

    (a) Duties of the General Counsel and Administrative Law Judges.--
The National Labor Relations Act (29 U.S.C. 151 et seq.) is amended--
            (1) in section 3(d) (29 U.S.C. 153(d)), by striking 
        ``investigation of charges and issuance of complaints under 
        section 10, and in respect of the prosecution of such 
        complaints before the Board'' and inserting ``investigation of 
        allegations under section 10''; and
            (2) in section 4(a) (29 U.S.C. 154(a)), by striking the 
        fourth sentence.
    (b) Clarification of the Board's Rulemaking Authority.--Section 6 
of such Act (29 U.S.C. 156) is amended by adding at the end the 
following: ``Such rulemaking authority shall be limited to rules 
concerning the internal functions of the Board. The Board shall not 
promulgate rules or regulations that affect the substantive or 
procedural rights of any person, employer, employee, or labor 
organization, including rules and regulations concerning unfair labor 
practices and representation elections.''.
    (c) Investigatory Power and Adjudicatory Authority Over Unfair 
Labor Practice Allegations.--Section 10 of such Act (29 U.S.C. 160) is 
amended--
            (1) in subsection (a)--
                    (A) by striking ``prevent any person from engaging 
                in'' and inserting ``investigate''; and
                    (B) by striking ``This power shall'' and all that 
                follows through the end of the subsection;
            (2) in subsection (b)--
                    (A) by striking ``Whenever it is charged'' and 
                inserting ``Whenever it is alleged'';
                    (B) by striking ``or is engaging in'' and inserting 
                ``, is engaging in, or is about to engage in'';
                    (C) by striking ``the Board, or any agent'' and all 
                that follows through ``Provided, That no complaint 
                shall issue'' and inserting ``the aggrieved person may 
                bring a civil action for such relief (including an 
                injunction) as may be appropriate. Any such civil 
                action may be brought in the district court of the 
                United States where the violation occurred, or, at the 
                option of the parties, in the United States District 
                Court for the District of Columbia. No civil action may 
                be brought'';
                    (D) by striking ``charge with the Board'' and all 
                that follows through ``prevented from filing such 
                charge'' and inserting ``civil action, unless the 
                person aggrieved thereby was prevented from filing such 
                civil action''; and
                    (E) by striking ``Any such complaint may be 
                amended'' and all that follows through ``Any such 
                proceeding shall, so far as practicable,'' and 
                inserting ``Any proceeding under this subsection 
                shall'';
            (3) by striking subsections (c) through (k);
            (4) by redesignating subsections (l) and (m) as subsections 
        (c) and (d), respectively;
            (5) in subsection (c) (as so redesignated)--
                    (A) by striking ``Whenever it is charged'' and 
                inserting ``Whenever it is alleged'';
                    (B) in the first sentence, by striking ``charge'' 
                and inserting ``allegation''; and
                    (C) by striking ``such charge is true and that a 
                complaint should issue, he shall'' and all that follows 
                through the end of the subsection and inserting ``such 
                allegation is true, the officer or regional attorney 
                shall, on behalf of the Board, submit a written summary 
                of the findings to all parties involved in the alleged 
                unfair labor practice.''; and
            (6) in subsection (d) (as so redesignated)--
                    (A) by striking ``Whenever it is charged'' and 
                inserting ``Whenever it is alleged'';
                    (B) by striking ``such charge'' and inserting 
                ``such allegation''; and
                    (C) by striking ``and cases given priority under 
                subsection (i)''.
    (d) Conforming Amendments.--The National Labor Relations Act (29 
U.S.C. 151 et seq.) is amended--
            (1) in section 9 (29 U.S.C. 159)--
                    (A) in subsection (c)(2), by striking ``and in no 
                case shall the Board'' and all that follows through the 
                end of such subsection and inserting a period;
                    (B) by striking subsection (d); and
                    (C) by redesignating subsection (e) as subsection 
                (d);
            (2) in section 3(b) (29 U.S.C. 153(b)), by striking ``or 
        (e) of section 9'' and inserting ``or (d) of section 9'';
            (3) in section 8 (29 U.S.C. 158), by striking ``9(e)'' each 
        place it appears and inserting ``9(d)''; and
            (4) in section 18 (29 U.S.C. 168), by striking ``section 10 
        (e) or (f)'' and inserting ``subsection (e) or (f) of section 
        10, as such subsections were in effect on the day before the 
        date of enactment of the Protecting American Jobs Act,''.

SEC. 3. REGULATIONS.

    Not later than 6 months after the date of enactment of this Act, 
the National Labor Relations Board shall review all regulations 
promulgated before such date of enactment and revise or rescind any 
such regulations as necessary to implement the amendment made by 
section 2(b).

SOLUTION: Protecting American Jobs Act       This bill amends the National Labor Relations Act, with respect to the authority of the National Labor Relations Board, to:   repeal the authority of the General Counsel ofthe board, to issue, and prosecute before the board, complaints of unfair labor practices;  limit the board's rulemaking authority to rules concerning the internal functions of the board;  prohibit the board from promulgating regulations affecting the substantive or procedural rights of any person, employer, employee, or labor organization, including rules concerning unfair labor practices and representation elections;  repeal the board's authority to prevent persons from engaging in unfair labor practices, limiting such authority to the investigation of allegations of such practices; and  repeal the board's authority to petition courts for enforcement of its orders, seek injunctions, or hold hearings on jurisdictional strikes.  

PROBLEM: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Commercial Mortgage Capital 
Availability Act of 1993''.

SEC. 2. INSURED DEPOSITORY INSTITUTION CAPITAL REQUIREMENTS FOR 
              TRANSFERS OF MORTGAGE LOANS.

    (a) Accounting Principles.--The accounting principles applicable to 
the transfer of a mortgage loan with recourse contained in reports or 
statements required to be filed with Federal banking agencies by a 
qualified insured depository institution shall be consistent with 
generally accepted accounting principles.
    (b) Capital and Reserve Requirements.--With respect to the transfer 
of a mortgage loan with recourse that is a sale under generally 
accepted accounting principles, each qualified insured depository 
institution shall--
            (1) establish and maintain a reserve equal to an amount 
        sufficient to meet the reasonable estimated liability of the 
        institution under the recourse arrangement; and
            (2) treat as an asset (for purposes of applicable capital 
        standards and other capital measures, including risk-based 
        capital requirements) only the maximum amount at risk under the 
        recourse arrangement.
    (c) Qualified Institutions Defined.--An insured depository 
institution is a qualified insured depository institution for purposes 
of this section if, without regard to the accounting principles or 
capital requirements referred to in subsections (a) and (b), the 
institution is--
            (1) well capitalized; or
            (2) with the approval, by regulation or order, of the 
        appropriate Federal banking agency, adequately capitalized.
    (d) Aggregate Amount of Recourse.--The total outstanding amount at 
risk with respect to transfers of mortgage loans under subsections (a) 
and (b) (together with the amount at risk under any provisions of law 
substantially similar to subsections (a) and (b)) shall not exceed--
            (1) the amount which is equal to 15 percent of the risk-
        based capital of the institution; or
            (2) such greater amount, as established by the appropriate 
        Federal banking agency by regulation or order.
    (e) Institutions That Cease To Be Qualified or Exceed Aggregate 
Limits.--If an insured depository institution ceases to be a qualified 
insured depository institution or exceeds the limits under subsection 
(d), this section shall remain applicable to any transfer of mortgage 
loans that occurred at a time when the institution was qualified and 
had not exceeded such limit.
    (f) Prompt Corrective Action not Affected.--The capital of an 
insured depository institution shall be computed without regard to this 
section in determining whether the institution is less than well 
capitalized.
    (g) Regulations Required.--Before the end of the 180-day period 
beginning on the date of the enactment of this Act, each appropriate 
Federal banking agency shall prescribe final regulations implementing 
this section.
    (h) Alternative System Permitted.--
            (1) In general.--At the discretion of the appropriate 
        Federal banking agency, this section shall not apply if the 
        regulations of the agency provide that the aggregate amount of 
        capital and reserves required with respect to the transfer of 
        mortgage loans with recourse does not exceed the aggregate 
        amount of capital and reserves that would be required under 
        subsection (b).
            (2) Existing transactions not affected.--Notwithstanding 
        paragraph (1), this section shall remain in effect with respect 
        to transfers of mortgage loans with recourse by qualified 
        insured depository institutions occurring before the effective 
        date of regulations referred to in paragraph (1).
    (i) Definitions.--The following definitions apply for purposes of 
this section:
            (1) Adequately capitalized.--The term ``adequately 
        capitalized'' has the same meaning as in section 38(b) of the 
        Federal Deposit Insurance Act.
            (2) Appropriate federal banking agency.--The term 
        ``appropriate Federal banking agency'' has the same meaning as 
        in section 3 of the Federal Deposit Insurance Act.
            (3) Capital standards.--The term ``capital standards'' has 
        the same meaning as in section 38(c) of the Federal Deposit 
        Insurance Act.
            (4) Federal banking agencies.--The term ``Federal banking 
        agencies'' has the same meaning as in section 3 of the Federal 
        Deposit Insurance Act.
            (5) Insured depository institution.--The term ``insured 
        depository institution'' has the same meaning as in section 3 
        of the Federal Deposit Insurance Act.
            (6) Other capital measures.--The term ``other capital 
        measures'' has the same meaning as in section 38(c) of the 
        Federal Deposit Insurance Act.
            (7) Recourse.--The term ``recourse'' has the meaning given 
        to such term under generally accepted accounting principles.
            (8) Mortgage loan.--The term ``mortgage loan'' means any--
                    (A) note or certificate of interest or 
                participation in a note (including any rights designed 
                to assure servicing of, or the timeliness of receipt by 
                the holders of such notes, certificates, or 
                participation of amounts payable under such notes, 
                certificates or participation) that is principally 
                secured by an interest in real property; or
                    (B) any security (within the meaning of section 8 
                of the Securities Exchange Act of 1934) that is secured 
                by one or more notes described in subparagraph (A) or 
                certificates of interest or participation in such notes 
                (with or without recourse to issuers thereof) and that, 
                by its terms, provides for payments of principal in 
                relation to payments, or reasonable projections of 
                payments, on notes described in subparagraph (A) or 
                certificates of interest or participation in such 
                notes.
            (9) Well capitalized.--The term ``well capitalized'' has 
        the same meaning as in section 38(b) of the Federal Deposit 
        Insurance Act.

SEC. 3. AMENDMENT TO DEFINITION OF MORTGAGE RELATED SECURITY.

    Section 3(a)(41)(A)(i) of the Securities Exchange Act of 1934 (15 
U.S.C. 78c(a)(41)(A)(i)) is amended by inserting before the semicolon 
``, or on 1 or more parcels of real estate upon which is located one or 
more commercial structures''.

SEC. 4. AUTHORITY TO EXEMPT COMMERCIAL MORTGAGE RELATED SECURITIES 
              TRANSACTIONS FROM PROHIBITED TRANSACTION RULES.

    The Secretary of Labor, in consultation with the Secretary of the 
Treasury, shall exempt, either unconditionally or on stated terms and 
conditions, transactions involving commercial mortgage related 
securities (as such term is defined in section 3(a)(41) of the 
Securities Exchange Act of 1934, as amended by section 3 of this Act) 
from--
            (1) the restrictions of sections 406(a) and 407(a) of the 
        Employee Retirement Income Security Act of 1974; and
            (2) the taxes imposed under section 4975 of the Internal 
        Revenue Code of 1986.

SEC. 5. PROVISIONS TO SAFEGUARD THE INTEGRITY OF THE SECURITIZATION 
              PROCESS, AND THE SAFETY AND SOUNDNESS OF FEDERALLY 
              INSURED INSTITUTIONS.

    (a) Compliance With Securities Regulations.--Any security relying 
on the provisions of this Act shall comply with all rules and 
regulations of Federal securities laws applicable thereto, as 
determined taking into account the provisions of this Act, including 
all provisions relating to required disclosure to investors, 
registrations, reporting and compliance, and all anti-fraud provisions.
    (b) Treatment of Bank Issued or Purchased Mortgage Backed 
Securities for Purposes of Minimum Capital Requirements.--
            (1) Mortgages held by bank to back securities.--If an issue 
        of securities backed by mortgage loans represents a liability 
        on the balance sheet of an insured depository institution and 
        the assets backing such obligation represent assets on the 
        balance sheet of such institution, the institution shall 
        maintain minimum adequate capital with regard to such assets as 
        prescribed by all applicable rules and regulations of the 
        banking agencies with supervisory and examination authority 
        over such institution, as determined taking into account the 
        provisions of this Act.
            (2) Securities held by bank.--If an insured depository 
        institution purchases a mortgage-related security to which the 
        provisions of this Act apply, the institution shall maintain 
        minimum adequate capital with respect to such security and all 
        other assets as prescribed by all applicable rules and 
        regulations of the banking agencies with supervisory and 
        examination authority over such institution, as determined 
        taking into account the provisions of this Act.

SOLUTION: Commercial Mortgage Capital Availability Act of 1993 - Sets forth a regulatory scheme under which qualified insured depository institutions meeting prescribed reserve and capital requirements may execute mortgage loan transfers with a recourse arrangement. 
Amends the Securities Exchange Act of 1934 to modify the definition of "mortgage related security" to include notes directly secured by a first lien on real estate with commercial structures located upon it (thus bringing such securities within the purview of the Act). 
Directs the Secretary of Labor to exempt commercial mortgage related securities transactions from:  (1) certain restrictions of the Employee Retirement Income Security Act of 1974; and (2) certain taxes imposed under the Internal Revenue Code. 
Mandates that securities relying on the provisions of this Act comply with all Federal securities laws relating to disclosure to investors, registrations, reporting and anti-fraud provisions. 
Requires insured depository institutions to maintain the minimum adequate capital prescribed by regulatory banking agencies when executing mortgage backed securities transactions.

PROBLEM: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Copper Salmon Wilderness Act of 
2008''.

SEC. 2. DESIGNATION OF THE COPPER SALMON WILDERNESS.

    (a) Designation.--Section 3 of the Oregon Wilderness Act of 1984 
(16 U.S.C. 1132 note; Public Law 98-328) is amended--
            (1) in the matter preceding paragraph (1), by striking 
        ``eight hundred fifty-nine thousand six hundred acres'' and 
        inserting ``871,593 acres'';
            (2) in paragraph (29), by striking the period at the end 
        and inserting ``; and''; and
            (3) by adding at the end the following:
            ``(30) certain land in the Siskiyou National Forest, 
        comprising approximately 11,922 acres, as generally depicted on 
        the map entitled `Copper Salmon Wilderness Proposal' and dated 
        April 1, 2008, to be known as the `Copper Salmon 
        Wilderness'.''.
    (b) Maps and Legal Description.--
            (1) In general.--As soon as practicable after the date of 
        enactment of this Act, the Secretary of Agriculture (referred 
        to in this Act as the ``Secretary'') shall file a map and a 
        legal description of the Copper Salmon Wilderness with--
                    (A) the Committee on Energy and Natural Resources 
                of the Senate; and
                    (B) the Committee on Natural Resources of the House 
                of Representatives.
            (2) Force of law.--The map and legal description filed 
        under paragraph (1) shall have the same force and effect as if 
        included in this Act, except that the Secretary may correct 
        typographical errors in the map and legal description.
            (3) Boundary.--If the boundary of the Copper Salmon 
        Wilderness shares a border with a road, the Secretary may only 
        establish an offset that is not more than 150 feet from the 
        centerline of the road.
            (4) Public availability.--Each map and legal description 
        filed under paragraph (1) shall be on file and available for 
        public inspection in the appropriate offices of the Forest 
        Service.

SEC. 3. WILD AND SCENIC RIVER DESIGNATIONS, ELK RIVER, OREGON.

    Section 3(a)(76) of the Wild and Scenic Rivers Act (16 U.S.C. 
1274(a)(76)) is amended--
            (1) in the matter preceding subparagraph (A), by striking 
        ``19-mile segment'' and inserting ``28.2-mile segment'';
            (2) in subparagraph (A), by striking ``; and'' and 
        inserting a period; and
            (3) by striking subparagraph (B) and inserting the 
        following:
                    ``(B)(i) The approximately 0.6-mile segment of the 
                North Fork Elk from its source in sec. 21, T. 33 S., R. 
                12 W., Willamette Meridian, downstream to 0.01 miles 
                below Forest Service Road 3353, as a scenic river.
                    ``(ii) The approximately 5.5-mile segment of the 
                North Fork Elk from 0.01 miles below Forest Service 
                Road 3353 to its confluence with the South Fork Elk, as 
                a wild river.
                    ``(C)(i) The approximately 0.9-mile segment of the 
                South Fork Elk from its source in the southeast quarter 
                of sec. 32, T. 33 S., R. 12 W., Willamette Meridian, 
                downstream to 0.01 miles below Forest Service Road 
                3353, as a scenic river.
                    ``(ii) The approximately 4.2-mile segment of the 
                South Fork Elk from 0.01 miles below Forest Service 
                Road 3353 to its confluence with the North Fork Elk, as 
                a wild river.''.

SEC. 4. PROTECTION OF TRIBAL RIGHTS.

    (a) In General.--Nothing in this Act shall be construed as 
diminishing any right of any Indian tribe.
    (b) Memorandum of Understanding.--The Secretary shall seek to enter 
into a memorandum of understanding with the Coquille Indian Tribe 
regarding access to the Copper Salmon Wilderness to conduct historical 
and cultural activities.

SEC. 5. DESIGNATION OF POTENTIAL WILDERNESS AREA, SISKIYOU NATIONAL 
              FOREST, OREGON.

    (a) Designation.--In furtherance of the purposes of the Wilderness 
Act (16 U.S.C. 1131 et seq.), certain National Forest System land in 
the State of Oregon administered by the Forest Service as part of the 
Siskiyou National Forest and compromising approximately 1,708 acres, as 
generally depicted on the map entitled ``Copper Salmon Wilderness 
Proposal'' and dated April 1, 2008, are designated as a potential 
wilderness area for eventual inclusion in the Copper Salmon Wilderness 
designated by paragraph (30) of section 3 of the Oregon Wilderness Act 
of 1984 (16 U.S.C. 1132 note; Public Law 98-328), as added by section 
2.
    (b) Map and Legal Description.--As soon as practicable after the 
date of the enactment of this Act, the Secretary shall file with the 
Committee on Natural Resources of the House of Representatives and the 
Committee on Energy and Natural Resources of the Senate a map and legal 
description of potential wilderness area designated by subsection (a). 
The map and legal description shall have the same force and effect as 
if included in this Act, except that the Secretary may correct clerical 
and typographical errors in the map and description. In the case of any 
discrepancy between the acreage specified in subsection (a) and the 
map, the map shall control. The map and legal description shall be on 
file and available for public inspection in the Office of the Chief of 
the Forest Service.
    (c) Management.--Except as provided in subsection (d) and subject 
to valid existing rights, the Secretary shall manage the potential 
wilderness area designated by subsection (a) as wilderness until its 
designated as wilderness under subsection (e).
    (d) Ecological Restoration.--
            (1) In general.--For the purposes of implementing the 
        planned ecological restoration approved by the Decision Notice 
        and Finding of No Significant Impact for the Environmental 
        Assessment for the Coastal Healthy Forest Treatments, dated May 
        25, 2007, the Secretary may use motorized equipment and 
        mechanized transport in the potential wilderness area until its 
        designated as wilderness under subsection (e).
            (2) Limitation.--To the maximum extent practicable, the 
        Secretary shall use the minimum tool or administrative practice 
        necessary to accomplish ecological restoration under paragraph 
        (1) with the least amount of adverse impact on wilderness 
        character and resources.
    (e) Eventual Wilderness Designation.--The potential wilderness area 
designated by subsection (a) shall be designated as wilderness on the 
earlier of--
            (1) the date on which the Secretary publishes in the 
        Federal Register notice that the conditions in the potential 
        wilderness area that are incompatible with the Wilderness Act 
        (16 U.S.C. 1131 et seq.) have been removed; or
            (2) the date that is 10 years after the date of the 
        enactment of this Act.
    (f) Incorporation Into Copper Salmon Wilderness; Administration.--
On its designation as wilderness under subsection (e), the potential 
wilderness area designated by subsection (a) shall be--
            (1) incorporated into the Copper Salmon Wilderness; and
            (2) administered in accordance with the Wilderness Act, the 
        Oregon Wilderness Act of 1984, and other laws applicable to the 
        Copper Salmon Wilderness, except that, with respect to the 
        potential wilderness area, any reference in the Wilderness Act 
        to the effective date of that Act shall be deemed to be a 
        reference to the date on which the lands are designated as 
        wilderness under subsection (e).

            Passed the House of Representatives April 22, 2008.

            Attest:

                                            LORRAINE C. MILLER,

                                                                 Clerk.

SOLUTION:
Copper Salmon Wilderness Act of 2008 - Amends the Oregon Wilderness Act of 1984 to designate certain lands in Siskiyou National Forest as the "Copper Salmon Wilderness."

Allows the Secretary of Agriculture, if the boundary of the Copper Salmon Wilderness shares a border with a road, to only establish an offset that is not more than 150 feet from the centerline of the road.

 Amends the Wild and Scenic Rivers Act to designate specified segments of the North and South Forks of the Elk River in Oregon as wild or scenic rivers.

Prohibits anything in this Act from being construed as diminishing any right of any Indian tribe.

Directs the Secretary to seek to enter into a memorandum of understanding with the Coquille Indian tribe regarding access to the Copper Salmon Wilderness to conduct historical and cultural activities.

Designates certain National Forest System land in Oregon, which is administered as part of the Siskiyou National Forest, as a potential wilderness area for eventual inclusion in the Copper Salmon Wilderness.

Requires the Secretary to manage the potential wilderness area as wilderness until it is designated as wilderness.

Authorizes, for the purposes of implementing a specified planned ecological restoration, the use of motorized equipment and mechanized transport in the potential wilderness area.

Declares that the potential wilderness area shall be designated as wilderness on the earlier of: (1) the date on which the Secretary publishes in the Federal Register the notice that the conditions in the area that are incompatible with the Wilderness Act have been removed; and (2) the date that is ten years after the enactment of this Act.

Requires the potential wilderness area upon its designation as wilderness to be incorporated into the Copper Salmon Wilderness.