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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Enterprise Communities Enhancement 
Act of 2001''.

SEC. 2. FUNDING ENTITLEMENT FOR ADDITIONAL ENTERPRISE COMMUNITIES.

    (a) Entitlement.--Section 2007(a)(1) of the Social Security Act (42 
U.S.C. 1397f(a)(1)) is amended by striking ``and'' at the end of 
subparagraph (A), by striking the period at the end of subparagraph (B) 
and inserting ``; and'', and by adding at the end the following:
                    ``(C) 7 grants under this section for each 
                qualified enterprise community that is in the State and 
                is designated pursuant to section 766 of the 
                Agriculture, Rural Development, Food and Drug 
                Administration, and Related Agencies Appropriations 
                Act, 1999.''.
    (b) Amount of Grants.--Section 2007(a)(2) of such Act (42 U.S.C. 
1397f(a)(2)) is amended--
            (1) by redesignating subparagraph (C) as subparagraph (D); 
        and
            (2) by inserting after subparagraph (B) the following:
                    ``(C) Additional enterprise community grants.--The 
                amount of the grant to a State under this section for 
                each qualified enterprise community referred to in 
                paragraph (1)(C) shall be $500,000, multiplied by the 
                proportion of the population of the community that 
                resides in the State.''.
    (c) Timing of Grants.--Section 2007(a)(3) of such Act (42 U.S.C. 
1397f(a)(3)) is amended by adding at the end the following:
                    ``(C) Additional qualified enterprise 
                communities.--With respect to each qualified enterprise 
                community referred to in paragraph (1)(C), the 
                Secretary shall make 1 grant under this section to the 
                State in which the community lies on the first day of 
                fiscal year 2002 and of each of the 6 succeeding fiscal 
                years.''.
    (d) Funding.--Section 2007(a)(4) of such Act (42 U.S.C. 
1397f(a)(4)) is amended--
            (1) by striking ``(4) Funding.--$1,000,000,000'' and 
        inserting the following:
            ``(4) Funding.--
                    ``(A) Original grants.--$1,000,000,000'';
            (2) by inserting ``for empowerment zones and enterprise 
        communities described in subparagraphs (A) and (B) of paragraph 
        (1)'' before the period; and
            (3) by adding after and below the end the following:
                    ``(B) Additional enterprise community grants.--
                $70,000,000 shall be made available to the Secretary 
                for grants under this section for enterprise 
                communities referred to in paragraph (1)(C).''.
    (e) Definitions.--
            (1) Qualified enterprise community.--Section 2007(f)(2)(A) 
        of such Act (42 U.S.C. 1397f(f)(2)(A)) is amended by inserting 
        ``or pursuant to section 766 of the Agriculture, Rural 
        Development, Food and Drug Administration, and Related Agencies 
        Appropriations Act, 1999'' before the semicolon.
            (2) Strategic plan.--Section 2007(f)(3) of such Act (42 
        U.S.C. 1397f(f)(3)) is amended by inserting ``or under section 
        766 of the Agriculture, Rural Development, Food and Drug 
        Administration, and Related Agencies Appropriations Act, 1999'' 
        before the period.

SEC. 3. USE OF GRANT FUNDS.

    (a) Revolving Loan Activities.--Section 2007(b) of the Social 
Security Act (42 U.S.C. 1397f(b)) is amended by adding at the end the 
following:
            ``(5) Revolving loan activities.--
                    ``(A) In general.--In order to assist disadvantaged 
                adults and youths in achieving and maintaining economic 
                self-support, a State may use amounts paid under this 
                section to fund revolving loan funds or similar 
                arrangements for the purpose of making loans to 
                residents, institutions, organizations, or businesses 
                that hire disadvantaged adults and youths.
                    ``(B) Rules for disbursement.--Amounts to be used 
                as described in subparagraph (A) shall be disbursed by 
                the Secretary, consistent with the provisions of the 
                Cash Management Improvement Act and its implementing 
                rules, regulations, and procedures issued by the 
                Secretary of the Treasury--
                            ``(i) in the case of a grant to a revolving 
                        loan fund--
                                    ``(I) pursuant to a written 
                                irrevocable grant commitment; and
                                    ``(II) at such time or times as the 
                                Secretary determines that the funds are 
                                needed to meet the purposes of such 
                                commitment; or
                            ``(ii) in the case of a grant for purposes 
                        of capitalizing an insured depository 
                        institution (as defined in section 3 of the 
                        Federal Deposit Insurance Act (12 U.S.C. 1813)) 
                        or an insured credit union (as defined in 
                        section 101 of the Federal Credit Union Act (12 
                        U.S.C. 1742)), at such time or times as the 
                        Secretary determines that funds are needed for 
                        such capitalization.''.
Enterprise Communities Enhancement Act of 2001 - Amends title XX (Block Grants to States for Social Services) of the Social Security Act to provide for: (1) additional State entitlements to grants for designated qualified enterprise communities; (2) funding for such grants; and (3) use of grant funds for revolving loan fund loans to residents, institutions, organizations, or businesses that hire disadvantaged adults and youths.

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Neutral Cost Recovery Act of 2001''.

SEC. 2. NEUTRAL COST RECOVERY DEPRECIATION ADJUSTMENT FOR CERTAIN 
              PROPERTY PLACED IN SERVICE AFTER DECEMBER 31, 2001.

    (a) In General.--Section 168 of the Internal Revenue Code of 1986 
(relating to accelerated cost recovery system) is amended by adding at 
the end thereof the following new subsection:
    ``(k) Deduction Adjustment To Allow Equivalent of Expensing for 
Certain Property Placed in Service After December 31, 2001.--
            ``(1) In general.--In the case of tangible property placed 
        in service after December 31, 2001, the deduction under this 
        section with respect to such property--
                    ``(A) shall be determined by substituting `150 
                percent' for `200 percent' in subsection (b)(1) in the 
                case of property to which the 200 percent declining 
                balance method would otherwise apply, and
                    ``(B) for any taxable year after the taxable year 
                during which the property is placed in service shall 
                be--
                            ``(i) the amount determined under this 
                        section for such taxable year without regard to 
                        this subparagraph, multiplied by
                            ``(ii) the applicable neutral cost recovery 
                        ratio for such taxable year.
            ``(2) Applicable neutral cost recovery ratio.--For purposes 
        of paragraph (1)--
                    ``(A) In general.--The applicable neutral cost 
                recovery ratio for the property for any taxable year is 
                the number determined by--
                            ``(i) dividing--
                                    ``(I) the gross domestic product 
                                deflator for the calendar quarter 
                                ending in such taxable year which 
                                corresponds to the calendar quarter 
                                during which the property was placed in 
                                service by the taxpayer, by
                                    ``(II) the gross domestic product 
                                deflator for the calendar quarter 
                                during which the property was placed in 
                                service by the taxpayer, and
                            ``(ii) then multiplying the number 
                        determined under clause (i) by the number equal 
                        to 1.035 to the nth power where `n' is the 
                        number of full years in the period beginning on 
                        the 1st day of the calendar quarter during 
                        which the property was placed in service by the 
                        taxpayer and ending on the day before the 
                        beginning of the corresponding calendar quarter 
                        ending during such taxable year.
                The applicable neutral cost recovery ratio shall never 
                be less than 1. The applicable neutral cost recovery 
                ratio shall be rounded to the nearest \1/1000\.
                    ``(B) Special rule for certain property.--In the 
                case of property described in paragraph (2) or (3) of 
                subsection (b) or in subsection (g), the applicable 
                neutral cost recovery ratio shall be determined without 
                regard to subparagraph (A)(ii).
            ``(3) Gross domestic product deflator.--For purposes of 
        paragraph (2), the gross domestic product deflator for any 
        calendar quarter is the implicit price deflator for the gross 
        domestic product for such quarter (as shown in the first 
        revision thereof).
            ``(4) Election not to have subsection apply.--This 
        subsection shall not apply to any property if the taxpayer 
        elects not to have this subsection apply to such property. Such 
        an election, once made, shall be irrevocable.
            ``(5) Churning transactions.--This subsection shall not 
        apply to any property if this section would not apply to such 
        property were subsection (f)(5)(A)(ii) applied by substituting 
        `2002' for `1981' and `2001' for `1980'.
            ``(6) Additional deduction not to affect basis or 
        recapture.--
                    ``(A) In general.--The additional amount determined 
                under this section by reason of this subsection shall 
                not be taken into account in determining the adjusted 
                basis of any property or of any interest in a pass-thru 
                entity which holds such property and shall not be 
                treated as a deduction for depreciation for purposes of 
                sections 1245 and 1250.
                    ``(B) Pass-thru entity defined.--For purposes of 
                subparagraph (A), the term `pass-thru entity' means--
                            ``(i) a regulated investment company,
                            ``(ii) a real estate investment trust,
                            ``(iii) an S corporation,
                            ``(iv) a partnership,
                            ``(v) an estate or trust, and
                            ``(vi) a common trust fund.''
    (b) Minimum Tax Treatment.--
            (1) Paragraph (1) of section 56(a) of such Code is amended 
        by adding at the end thereof the following new subparagraph:
                    ``(E) Use of neutral cost recovery ratio.--In the 
                case of property to which section 168(k) applies and 
                which is placed in service after December 31, 2001, the 
                deduction allowable under this paragraph with respect 
                to such property for any taxable year (after the 
                taxable year during which the property is placed in 
                service) shall be--
                            ``(i) the amount so allowable for such 
                        taxable year without regard to this 
                        subparagraph, multiplied by
                            ``(ii) the applicable neutral cost recovery 
                        ratio for such taxable year (as determined 
                        under section 168(k)).
                This subparagraph shall not apply to any property with 
                respect to which there is an election in effect not to 
                have section 168(k)) apply.''
            (2) Subparagraph (C) of section 56(g)(4) of such Code is 
        amended by adding at the end the following new clause:
                            ``(v) Neutral cost recovery deduction.--
                        Clause (i) shall not apply to the additional 
                        deduction allowable by reason of section 
                        168(k).''
    (c) Coordination With Depreciation Limitation on Certain 
Automobiles.--Clause (i) of section 280F(a)(1)(B) of such Code is 
amended by adding at the end the following new sentence: ``For purposes 
of this clause, the unrecovered basis of any passenger automobile shall 
be treated as including the additional amount determined under section 
168 by reason of subsection (k) thereof to the extent not allowed as a 
deduction by reason of this paragraph for any taxable year in the 
recovery period.''
    (d) Effective Date.--The amendments made by this section shall 
apply to taxable years ending after December 31, 2001.
Amends the Internal Revenue Code to require that the depreciation deduction for tangible property placed in service after 2001 be computed using neutral cost recovery ratios.

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Rural Telemedicine Act of 1995''.

SEC. 2. ESTABLISHMENT OF PROJECT.

    (a) In General.--The Secretary of Health and Human Services 
(hereafter referred to as the ``Secretary'') shall establish not more 
than 10 pilot projects not later than 9 months after the date of 
enactment of this Act to investigate over a 3-year period the 
effectiveness of the use of rural health care provider telemedicine 
networks to provide coverage of physician consultative services under 
part B of the medicare program to individuals residing in rural areas.
    (b) Networks Defined.--In this Act, the term ``rural health care 
provider telemedicine network'' (hereafter referred to as a 
``network'') means a network of providers that meets the following 
requirements:
            (1) The network serves physicians, clinics, and other 
        nontertiary care providers in a rural area who have entered 
        into agreements with a multispecialty tertiary care provider 
        (without regard to whether or not such tertiary care provider 
        is in the rural area) regarding patient referral and transfer, 
        the use of joint communications systems, and the provision of 
        emergency and nonemergency transportation among the network 
        members.
            (2) The area in which the network operates is a rural area 
        designated as a health professional shortage area (under 
        section 332(a) of the Public Health Service Act) or is an 
        underserved rural area in accordance with such other criteria 
        as the Secretary may specify.

SEC. 3. MEDICARE PAYMENT FOR PARTICIPANTS.

    (a) In General.--Under the projects established under this Act, the 
Secretary shall make payments from the Federal Supplementary Medical 
Insurance Trust Fund under part B of title XVIII of the Social Security 
Act in accordance with the methodology described in subsection (b) for 
physicians' services consisting of a professional consultation with an 
individual or entity furnishing a service for which payment may be made 
under such part to a medicare beneficiary in a rural area, 
notwithstanding that the individual providing the professional 
consultation is not at the same location as the individual furnishing 
the service to the medicine beneficiary.
    (b) Methodology for Determining Amount of Payments.--Taking into 
account the amount of funds available for payments under the project, 
the Secretary shall establish a methodology for determining the amount 
of payments made under subsection (a), and shall include in the 
methodology a method for making payment for reasonable costs incurred 
in the usage of signal transmission facilities suitable for the conduct 
of physician consultative services.
    (c) Payment for Nonphysician Providers.--Payments may be made under 
subsection (a) for any service described in such paragraph, without 
regard to whether or not the individual furnishing such service is a 
physician.

SEC. 4. ELIGIBILITY OF NETWORKS.

    (a) In General.--A network is eligible to participate in a pilot 
project under this Act if--
            (1) the network submits to the Secretary (at such time and 
        in such form as the Secretary may require) an application 
        containing such information and assurances as the Secretary may 
        require; and
            (2) the network agrees to submit to the Secretary such 
        information as the Secretary may require to determine the 
        amount of payments described in section 3(b), to prepare 
        reports under section 6, and to otherwise carry out the 
        project.
    (b) Rural Area Defined.--In this Act, the term ``rural area'' has 
the meaning given such term in section 1886(d)(2)(D) of the Social 
Security Act.

SEC. 5. CRITERIA FOR SELECTING PARTICIPANTS.

    (a) Technology Applied.--In selecting among eligible networks for 
participation in pilot projects under this Act, the Secretary shall 
give priority to networks that provide for consultations between 
patients and medical specialists involving transmission of detailed 
data on the patient in a manner that serves as a reasonable substitute 
for inperson interaction between the patients and the specialists.
    (b) Permitting Existing Networks To Participate.--Nothing in this 
Act may be construed to prohibit the Secretary from selecting a network 
operating at the time of the establishment of the pilot projects from 
participating in the project.

SEC. 6. REPORTS.

    (a) Interim Report on Participating Sites.--Not later than 24 
months after the Secretary first makes payment under subsection (b) for 
services under a pilot project, the Secretary shall submit a report to 
Congress describing the projects and the networks participating in the 
projects under this section, including a description of the amounts 
expended and the number of patients served under the projects.
    (b) Final.--Not later than 1 year after the termination of the 
projects, the Secretary shall submit a final report to Congress 
describing the operation of the projects and containing--
            (1) the Secretary's analysis of the projects' cost-
        effectiveness and success in promoting the access of providers 
        of health care services in rural areas to consultation services 
        of specialist physicians;
            (2) the Secretary's analysis of the impact of the projects 
        on the ability of patients to obtain a higher quality and 
        greater range of care; and
            (3) such recommendations as the Secretary considers 
        appropriate for changes in the medicare program relating to 
        telemedicine, including estimates of the costs associated with 
        any such changes.

SEC. 7. AUTHORIZATION OF APPROPRIATIONS.

    There are authorized to be appropriated from the Federal 
Supplementary Medical Insurance Trust Fund under section 1841 of the 
Social Security Act a total of $51,000,000 for carrying out the 
demonstration project under this Act. Of such amount, not more than 
$1,000,000 may be used for administrative purposes, including preparing 
and submitting reports under section 6.

Rural Telemedicine Act of 1995 - Directs the Secretary of Health and Human Services to establish up to ten pilot projects to investigate, over a three-year period, the effectiveness of the use of rural health care provider telemedicine networks to provide coverage of physician consultative services to individuals in rural areas under part B (Supplementary Medical Insurance Benefits for the Aged and Disabled) of title XVIII (Medicare) of the Social Security Act. 
Defines a rural health care provider telemedicine network as a network of providers that serves physicians, clinics, and other nontertiary care providers in a health professional shortage or underserved rural area who have entered into agreements with a multispecialty tertiary care provider regarding patient referral and transfer, the use of joint communications systems, and the provision of emergency and nonemergency transportation among the network members. 
Requires the Secretary to make payments from the Federal Supplementary Medical Insurance Trust Fund, according to a specified methodology, for physicians' services consisting of a professional consultation with an individual or entity furnishing a service for which payment may be made to a Medicare beneficiary in a rural area, notwithstanding that the consulting individual is not at the same location as the individual furnishing the service to the beneficiary. 
Sets forth criteria for selecting project participants. 
Authorizes appropriations.