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

Q: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Native American Children's Safety 
Act''.

SEC. 2. CHARACTER INVESTIGATIONS.

    Section 408 of the Indian Child Protection and Family Violence 
Prevention Act (25 U.S.C. 3207) is amended by adding at the end the 
following:
    ``(d) By Tribal Social Services Agency for Foster Care Placements 
in Tribal Court Proceedings.--
            ``(1) Definitions.--In this subsection:
                    ``(A) Covered individual.--The term `covered 
                individual' includes--
                            ``(i) any individual 18 years of age or 
                        older; and
                            ``(ii) any individual who an Indian tribe 
                        described in paragraph (2)(A) determines is 
                        subject to a character investigation under that 
                        paragraph.
                    ``(B) Foster care placement.--The term `foster care 
                placement' means any action removing an Indian child 
                from a parent or Indian custodian for temporary 
                placement in a foster home or institution or the home 
                of a guardian or conservator if--
                            ``(i) the parent or Indian custodian cannot 
                        have the child returned on demand; and
                            ``(ii) parental rights have not been 
                        terminated.
                    ``(C) Indian custodian.--The term `Indian 
                custodian' means any Indian--
                            ``(i) who has legal custody of an Indian 
                        child under tribal law or custom or under State 
                        law; or
                            ``(ii) to whom temporary physical care, 
                        custody, and control has been transferred by 
                        the parent of the child.
                    ``(D) Parent.--The term `parent' means--
                            ``(i) any biological parent of an Indian 
                        child; or
                            ``(ii) any Indian who has lawfully adopted 
                        an Indian child, including adoptions under 
                        tribal law or custom.
                    ``(E) Tribal court.--The term `tribal court' means 
                a court--
                            ``(i) with jurisdiction over foster care 
                        placements; and
                            ``(ii) that is--
                                    ``(I) a Court of Indian Offenses;
                                    ``(II) a court established and 
                                operated under the code or custom of an 
                                Indian tribe; or
                                    ``(III) any other administrative 
                                body of a tribe that is vested with 
                                authority over foster care placements.
                    ``(F) Tribal social services agency.--The term 
                `tribal social services agency' means the agency of the 
                Federal Government or of an Indian tribe described in 
                paragraph (2)(A) that has the primary responsibility 
                for carrying out foster care services (as of the date 
                on which the proceeding described in paragraph (2)(A) 
                commences) on the Indian reservation of the Indian 
                tribe.
            ``(2) Character investigations before placement.--
                    ``(A) In general.--Except as provided in paragraph 
                (3), no foster care placement shall be ordered in any 
                proceeding over which an Indian tribe has exclusive 
                jurisdiction until the tribal social services agency--
                            ``(i) completes an investigation of the 
                        character of each covered individual who 
                        resides in the household or is employed at the 
                        institution in which the foster care placement 
                        will be made; and
                            ``(ii) concludes that each covered 
                        individual described in clause (i) meets such 
                        standards of character as the Indian tribe 
                        shall establish in accordance with subparagraph 
                        (B).
                    ``(B) Standards of character.--The standards of 
                character described in subparagraph (A)(ii) shall 
                include--
                            ``(i) requirements that each tribal social 
                        services agency described in subparagraph (A)--
                                    ``(I) perform criminal records 
                                checks, including fingerprint-based 
                                checks of national crime information 
                                databases (as defined in section 
                                534(f)(3) of title 28, United States 
                                Code); and
                                    ``(II) check any child abuse and 
                                neglect registry maintained by the 
                                State in which the covered individual 
                                resides for information on the covered 
                                individual, and request any other State 
                                in which the covered individual resided 
                                in the preceding 5 years, to enable the 
                                tribal social services agency to check 
                                any child abuse and neglect registry 
                                maintained by that State for such 
                                information; and
                            ``(ii) any other additional requirement 
                        that the Indian tribe determines is necessary.
                    ``(C) Results.--Except as provided in paragraph 
                (3), no foster care placement shall be ordered in any 
                proceeding described in subparagraph (A) if an 
                investigation described in clause (i) of that 
                subparagraph reveals that a covered individual 
                described in that clause--
                            ``(i) has been found by a Federal, State, 
                        or tribal court to have committed any crime 
                        listed in clause (i) or (ii) of section 
                        471(a)(20)(A) of the Social Security Act (42 
                        U.S.C. 671(a)(20)(A)); or
                            ``(ii) is listed on a registry described in 
                        subparagraph (B)(i)(II).
                    ``(D) Deadline.--Except as provided in paragraph 
                (3), the tribal social services agency shall satisfy 
                the requirements of clauses (i) and (ii) of 
                subparagraph (A) not later than 14 days after the date 
                on which the proceeding described in subparagraph (A) 
                commences.
            ``(3) Emergency placement.--Paragraph (2) shall not apply 
        to an emergency foster care placement, as determined by an 
        Indian tribe described in paragraph (2)(A).
            ``(4) Recertification of foster homes or institutions.--
                    ``(A) In general.--Not later than 180 days after 
                the date of enactment of this subsection, each Indian 
                tribe shall establish procedures to recertify homes or 
                institutions in which foster care placements are made.
                    ``(B) Contents.--The procedures described in 
                subparagraph (A) shall include, at a minimum, periodic 
                intervals at which the home or institution shall be 
                subject to recertification to ensure--
                            ``(i) the safety of the home or institution 
                        for the Indian child; and
                            ``(ii) that each covered individual who 
                        resides in the home or is employed at the 
                        institution is subject to a character 
                        investigation in accordance with this 
                        subsection, including any covered individual 
                        who--
                                    ``(I) resides in the home or is 
                                employed at the institution on the date 
                                on which the procedures established 
                                under subparagraph (A) commences; and
                                    ``(II) did not reside in the home 
                                or was not employed at the institution 
                                on the date on which the investigation 
                                described in paragraph (2)(A)(i) was 
                                completed.
                    ``(C) Regulations promulgated or guidance issued by 
                the secretary.--The procedures established under 
                subparagraph (A) shall be subject to any regulation 
                promulgated or guidance issued by the Secretary that is 
                in accordance with the purpose of this subsection.
            ``(5) Regulations.--Not later than 180 days after the date 
        of enactment of this subsection and after consultation with 
        Indian tribes, the Secretary shall promulgate a regulation 
        regarding--
                    ``(A) procedures for a character investigation of 
                any covered individual who--
                            ``(i) resides in the home or is employed at 
                        the institution in which the foster care 
                        placement is made after the date on which the 
                        investigation described in paragraph (2)(A)(i) 
                        is completed; and
                            ``(ii) was not the subject of an 
                        investigation described in paragraph (2)(A)(i) 
                        before the foster care placement was made;
                    ``(B) self-reporting requirements for foster care 
                homes or institutions in which any covered individual 
                described in subparagraph (A) resides if the head of 
                the household or the operator of the institution has 
                knowledge that the covered individual--
                            ``(i) has been found by a Federal, State, 
                        or tribal court to have committed any crime 
                        listed in clause (i) or (ii) of section 
                        471(a)(20)(A) of the Social Security Act (42 
                        U.S.C. 671(a)(20)(A)); or
                            ``(ii) is listed on a registry described in 
                        paragraph (2)(B)(i)(II);
                    ``(C) procedures and guidelines for emergency 
                foster care placements under paragraph (3); and
                    ``(D) procedures for certifying compliance with 
                this Act.''.

A: Native American Children's Safety Act - Amends the Indian Child Protection and Family Violence Prevention Act (Act) to prohibit any foster care placement over which an Indian tribe has exclusive jurisdiction from being ordered until the tribal social services agency: (1) completes an investigation of the character of each covered individual who resides in the household or is employed at the institution in which the foster care placement will be made, and (2) concludes that each of those individuals meets the standards of character the tribe is required to establish.  Defines a &quot;covered individual&quot; as an adult and any other individual the tribe determines is subject to such character investigation. Requires the tribal social services agency, as part of those investigations, to: (1) perform criminal records checks, including fingerprint-based checks of national crime information databases; (2) check any child abuse and neglect registry maintained by the state in which the individual resides; and (3) request any other state in which the individual resided during the preceding five years to allow the agency to check its registry. Prohibits a foster care placement from being ordered if the investigation reveals that the covered individual: (1) has been found guilty by a federal, state, or tribal court of a felony involving child abuse or neglect, spousal abuse, a crime against a child, violence, or drugs; or (2) is listed on a child abuse and neglect registry in the state where the individual resides or resided within the preceding five years. Excepts emergency foster care placements from such requirements. Requires each Indian tribe to establish procedures to recertify homes or institutions in which foster care placements are made. Directs the Secretary of the Interior to promulgate a regulation establishing: (1) procedures for investigating the character of any covered individual who resides in the home or is employed at the institution in which the child is placed after the investigations that preceded that placement occurred, (2) self-reporting requirements for foster care homes or institutions that have knowledge that a covered individual residing on their premises would fail the character investigation, (3) procedures and guidelines for emergency foster care placements, and (4) procedures for certifying compliance with the Act.
****
Q: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Scientifically Identifying the Need 
for Critical Habitat Act''.

SEC. 2. DISCRETIONARY AUTHORITY TO DESIGNATE CRITICAL HABITAT.

    Section 4(a)(3) of the Endangered Species Act of 1973 (16 U.S.C. 
1533(a)(3)(A)) is amended to read as follows:
            ``(A) may designate any habitat of a species that is 
        determined under paragraph (1) to be an endangered species or 
        threatened species as critical habitat of such species; and ''.

SEC. 3. SOUND SCIENCE.

    (a) Best Scientific and Commercial Data Available.--
            (1) In general.--Section 3 of the Endangered Species Act of 
        1973 (16 U.S.C. 1532) is amended--
                    (A) by amending the section heading to read as 
                follows:

``SEC. 3. DEFINITIONS AND GENERAL PROVISIONS. '';

                    (B) by striking ``For the purposes of this Act--'' 
                and inserting the following:
    ``(a) Definitions.--In this Act:''; and
                    (C) by adding at the end the following:
    ``(b) Use of Certain Data.--In any case in which the Secretary is 
required by this Act to use the best scientific and commercial data 
available, the Secretary, in evaluating comparable data, shall give 
greater weight to scientific or commercial data that is empirical or 
has been field-tested or peer-reviewed.''.
            (2) Conforming amendment.--The table of contents in the 
        first section of the Endangered Species Act of 1973 (16 U.S.C. 
        prec. 1531) is amended by striking the item relating to section 
        3 and inserting the following:

``Sec. 3. Definitions and general provisions.''.
    (b) Use of Sound Science in Listing.--Section 4(b) of the 
Endangered Species Act of 1973 (16 U.S.C. 1533(b)) is amended by adding 
at the end the following:
            ``(9) Establishment of criteria for scientific studies to 
        support listing.--Not later than 1 year after the date of 
        enactment of this paragraph, the Secretary shall promulgate 
        regulations that establish criteria that must be met for 
        scientific and commercial data to be used as the basis of a 
        determination under this section that a species is an 
        endangered species or a threatened species.
            ``(10) Field data.--
                    ``(A) Requirement.--The Secretary may not determine 
                that a species is an endangered species or a threatened 
                species unless the determination is supported by data 
                obtained by observation of the species in the field.
                    ``(B) Data from landowners.--The Secretary shall--
                            ``(i) accept and acknowledge receipt of 
                        data regarding the status of a species that is 
                        collected by an owner of land through 
                        observation of the species on the land; and
                            ``(ii) include the data in the rulemaking 
                        record compiled for any determination that the 
                        species is an endangered species or a 
                        threatened species.''.
    (c) Use of Sound Science in Recovery Planning.--Section 4(f) of the 
Endangered Species Act of 1973 (16 U.S.C. 1533(f)) is amended by adding 
at the end the following:
    ``(6)(A) The Secretary shall identify and publish in the Federal 
Register with the notice of a proposed regulation pursuant to paragraph 
(5)(A)(i) a description of additional scientific and commercial data 
that would assist in the preparation of a recovery plan and--
            ``(i) invite any person to submit the data to the 
        Secretary; and
            ``(ii) describe the steps that the Secretary plans to take 
        for acquiring additional data.
    ``(B) Data identified and obtained under subparagraph (A)(i) shall 
be considered by the recovery team and the Secretary in the preparation 
of the recovery plan in accordance with section 5.''.

SEC. 4. PEER REVIEW.

    Section 4 of the Endangered Species Act of 1973 (16 U.S.C. 1533) is 
amended by adding at the end the following:
    ``(j) Independent Scientific Review Requirements.--
            ``(1) Definitions.--In this subsection:
                    ``(A) Action.--The term `action' means--
                            ``(i) the determination that a species is 
                        an endangered species or a threatened species 
                        under subsection (a);
                            ``(ii) the determination under subsection 
                        (a) that an endangered species or a threatened 
                        species be removed from any list published 
                        under subsection (c)(1);
                            ``(iii) the development of a recovery plan 
                        for a threatened species or endangered species 
                        under subsection (f); and
                            ``(iv) the determination that a proposed 
                        action is likely to jeopardize the continued 
                        existence of a listed species and the proposal 
                        of any reasonable and prudent alternatives by 
                        the Secretary under section 7(b)(3).
                    ``(B) Qualified individual.--The term `qualified 
                individual' means an individual with expertise in the 
                biological sciences--
                            ``(i) who through publication of peer-
                        reviewed scientific literature or other means, 
                        has demonstrated scientific expertise on the 
                        species or a similar species or other 
                        scientific expertise relevant to the decision 
                        of the Secretary under subsection (a) or (f);
                            ``(ii) who does not have, or represent any 
                        person with, a conflict of interest with 
                        respect to the determination that is the 
                        subject of the review;
                            ``(iii) who is not a participant in any 
                        petition or proposed or final determination 
                        before the Secretary; and
                            ``(iv) who has no direct financial 
                        interest, and is not employed by any person 
                        with a direct financial interest, in opposing 
                        the action under consideration.
            ``(2) List of independent scientific reviewers.--The 
        Secretary shall solicit recommendations from the National 
        Academy of Sciences and develop and maintain a list of 
        qualified reviewers to participate in independent scientific 
        review actions.
            ``(3) Appointment of independent scientific reviewers.--(A) 
        Before any action shall become final, the Secretary shall 
        appoint randomly, from among the list prepared in accordance 
        with this section, 3 qualified individuals who shall review and 
        report to the Secretary on the scientific information and 
        analyses on which the proposed action is based.
            ``(B) The selection and activities of the referees selected 
        pursuant to this section shall not be subject to the Federal 
        Advisory Committee Act (5 U.S.C. App.).
            ``(C) Reviewers shall be compensated for conducting the 
        independent review.
            ``(4) Opinion of peer reviewers.--Independent reviewers 
        shall provide the Secretary, within 3 months, their opinion 
        regarding all relevant scientific information and assumptions 
        relating to the taxonomy, population models, and supportive 
        biological and ecological information for the species in 
        question.
            ``(5) Final determination.--If the referees have made a 
        recommendation on a proposed action, the Secretary shall 
        evaluate and consider the information that results from the 
        independent scientific review and include in the final 
        determination--
                    ``(A) a summary of the results of the independent 
                scientific review; and
                    ``(B) in a case in which the recommendation of a 
                majority of the referees who conducted the independent 
                scientific review is not followed, an explanation as to 
                why the recommendation was not followed.
            ``(6) Public notice.--The report of the peer reviewers 
        shall be included in the official record of the proposed action 
        and shall be available for public review prior to the close of 
        the comment period on the proposed action.''.

SEC. 5. IMPROVED RECOVERY PLANNING.

    (a) Use of Information Provided by States.--Section 7(b)(1) of the 
Endangered Species Act of 1973 (16 U.S.C. 1536(b)(1)) is amended by 
adding at the end the following:
                    ``(C) Use of state information.--In conducting a 
                consultation under subsection (a)(2), the Secretary 
                shall actively solicit and consider information from 
                the State agency in each affected State.''.
    (b) Opportunity to Participate in Consultations.--Section 7(b)(1) 
of the Endangered Species Act of 1973 (16 U.S.C. 1536(b)(1)) (as 
amended by subsection (a)) is further amended by adding at the end the 
following:
                    ``(D) Opportunity to participate in 
                consultations.--
                            ``(i) In general.--In conducting a 
                        consultation under subsection (a)(2), the 
                        Secretary shall provide any person who has 
                        sought authorization or funding from a Federal 
                        agency for an action that is the subject of the 
                        consultation, the opportunity to--
                                    ``(I) before the development of a 
                                draft biological opinion, submit and 
                                discuss with the Secretary and the 
                                Federal agency information relevant to 
                                the effect of the proposed action on 
                                the species and the availability of 
                                reasonable and prudent alternatives (if 
                                a jeopardy opinion is to be issued) 
                                that the Federal agency and the person 
                                can take to avoid violation of 
                                subsection (a)(2);
                                    ``(II) receive information, on 
                                request, subject to the exemptions 
                                specified in section 552(b) of title 5, 
                                United States Code, on the status of 
                                the species, threats to the species, 
                                and conservation measures, used by the 
                                Secretary to develop the draft 
                                biological opinion and the final 
                                biological opinion, including the 
                                associated incidental taking 
                                statements; and
                                    ``(III) receive a copy of the draft 
                                biological opinion from the Federal 
                                agency and, before issuance of the 
                                final biological opinion, submit 
                                comments on the draft biological 
                                opinion and discuss with the Secretary 
                                and the Federal agency the basis for 
                                any finding in the draft biological 
                                opinion.
                            ``(ii) Explanation.--If reasonable and 
                        prudent alternatives are proposed by a person 
                        under clause (i) and the Secretary does not 
                        include the alternatives in the final 
                        biological opinion, the Secretary shall explain 
                        to the person why those alternatives were not 
                        included in the opinion.
                            ``(iii) Public access to information.--
                        Comments and other information submitted to, or 
                        received from, any person (pursuant to clause 
                        (i)) who seeks authorization or funding for an 
                        action shall be maintained in a file for that 
                        action by the Secretary and shall be made 
                        available to the public (subject to the 
                        exemptions specified in section 552(b) of title 
                        5, United States Code).''.

A: Scientifically Identifying the Need for Critical Habitat Act - Amends the Endangered Species Act of 1973 to change from mandatory to discretionary the authority of the Secretary of the Interior to designate critical habitat of an endangered or threatened species.

Directs the Secretary, when required by the Act to use the best scientific and commercial data available, in evaluating comparable data to give greater weight to such data that is empirical or has been field-tested or peer-reviewed.

Specifies requirements for the use of sound science in the listing of endangered or threatened species such as: (1) the establishment of criteria for scientific studies to support the listing; (2) use of data obtained by observation of the species in the field; and (3) use of data from landowners who have observed such species on their land. Requires the use of sound science in the preparation of a recovery plan for an endangered or threatened species.

Sets forth requirements for: (1) peer review before certain action can become final with respect to endangered or threatened species; and (2) use of information provided by States affected by such species or their habitat for recovery plans.
****
Q: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Commission on the Tax Treatment of 
Hedge Funds and Private Equity Act of 2007''.

SEC. 2. ESTABLISHMENT.

    There is established a commission to be known as the ``the 
Commission on the Tax Treatment of Hedge Funds and Private Equity'' (in 
this Act referred to as ``the Commission'').

SEC. 3. DUTIES OF THE COMMISSION.

    (a) In General.--The Commission shall review the hedge fund and 
private equity industry in the United States and make recommendations 
to Congress on the tax treatment for these industries.
    (b) Particular Issues.--In carrying out its duties under subsection 
(a), among the issues the Commission shall consider are the following:
            (1) The fairness and equity of various tax treatments.
            (2) The impact of any proposed changes to the tax treatment 
        of hedge funds and private equity, specifically on--
                    (A) employment and job creation,
                    (B) investors, including institutional investors 
                like pension funds and college endowments,
                    (C) United States competitiveness and the state of 
                the United States as the world's premiere financial 
                center, and
                    (D) technology and innovation.
            (3) The regulatory structure of these entities.

SEC. 4. MEMBERSHIP.

    (a) Number and Appointment.--The Commission shall be composed of 10 
members appointed as follows:
            (1) 3 members shall be appointed by the majority leader of 
        the Senate.
            (2) 3 members shall be appointed by the Speaker of the 
        House of Representatives.
            (3) 2 members shall be appointed by the minority leader of 
        the Senate.
            (4) 2 members shall be appointed by the minority leader of 
        the House of Representatives.
    (b) Qualifications.--The members shall have knowledge and expertise 
in matters to be studied by the Commission, except that the members 
shall not have a conflict of interest with any matter the issue is 
required to review under section 3.
    (c) Terms.--Members shall be appointed for the life of the 
Commission.
    (d) Vacancies.--Any vacancy in the Commission shall be filled in 
the same manner as the original appointment.
    (e) Chair.--The Chair of the Commission shall be designated by the 
Speaker of the House of Representatives, after consulting with the 
majority leader of the Senate and the minority leaders of the House of 
Representatives and the Senate.
    (f) Deadline for Appointment.--The appointments of the members of 
the Commission shall be made no later than 30 days after the date of 
enactment of this Act.
    (g) Basic Pay.--
            (1) Rates of pay.--Except as provided in paragraph (2), 
        members shall each be paid at a rate not to exceed the rate of 
        basic pay for level IV of the Executive Schedule for each day 
        (including travel time) during which they are engaged in the 
        actual performance of duties vested in the Commission.
            (2) Prohibition of compensation of federal employees.--
        Members of the Commission who are full-time officers or 
        employees of the United States may not receive additional pay, 
        allowances, or benefits by reason of their service on the 
        Commission.
    (h) Travel Expenses.--Each member shall receive travel expenses, 
including per diem in lieu of subsistence, in accordance with 
applicable provisions under subchapter I of chapter 57 of title 5, 
United States Code.
    (i) Retired Annuitants.--A member of the Commission who is an 
annuitant otherwise covered by section 8344 or section 8468 of title 5, 
United States Code, shall not be subject to the provisions of that 
section with respect to membership on the Commission by reason of 
membership on the Commission.
    (j) Quorum.--A majority of the members of the Commission shall 
constitute a quorum, but a lesser number may hold hearings.
    (k) Meetings.--
            (1) First meeting.--The Commission shall hold its first 
        meeting on a date designated by the Speaker of the House of 
        Representatives which is not later than 30 days after the date 
        on which all members have been appointed.
            (2) Subsequent meetings.--After the first meeting, the 
        Commission shall meet upon the call of the Chair.

SEC. 5. STAFF OF COMMISSION.

    (a) Director.--The Commission shall have a Director who shall be 
appointed by the Chair. The Director shall be paid a rate not to exceed 
the maximum rate of basic pay for GS-15 of the General Schedule.
    (b) Additional Staff.--In addition to the Director, the Chair may 
appoint and fix the pay of up to 3 staff members, except that any staff 
member appointed under this subsection shall not be paid at a rate to 
exceed the maximum rate of basic pay for GS-15 of the General Schedule.
    (c) Applicability of Certain Civil Service Laws.--The Director and 
staff of the Commission may be appointed without regard to the 
provisions of title 5, United States Code, governing appointments in 
the competitive service, and may be paid without regard to the 
provisions of chapter 51 and subchapter III of chapter 53 of that title 
relating to classification and General Schedule pay rates.
    (d) Staff of Federal Agencies.--Upon the request of the Chair of 
the Commission, the head of any Federal department or agency may 
detail, without reimbursement, any of the personnel of that department 
or agency to the Commission to assist in carrying out its duties under 
this Act.

SEC. 6. POWERS OF COMMISSION.

    (a) Hearings and Sessions.--The Commission may, for the purpose of 
carrying out this Act, hold hearings, sit and act at times and places, 
take testimony, and receive evidence as the Commission considers 
appropriate.
    (b) Powers of Members and Agents.--Any member or agent of the 
Commission may, if authorized by the Commission, take any action which 
the Commission is authorized to take by this section.
    (c) Obtaining Official Data.--The Commission may secure directly 
from any agency of the United States information necessary to enable it 
to carry out this Act. Upon the request of the Chair of the Commission, 
the head of that department or agency shall furnish that information to 
the Commission.
    (d) Mails.--The Commission may use the United States mails in the 
same manner and under the same conditions as other departments and 
agencies of the United States.
    (e) Administrative Support Services.--Upon the request of the 
Commission, the Administrator of General Services shall provide to the 
Commission, on a reimbursable basis, the administrative support 
services necessary for the Commission to carry out its responsibilities 
under this Act.

SEC. 7. REPORT.

    (a) In General.--The Commission shall transmit a final report to 
the President and Congress not later than 90 days after the date on 
which the members of the Commission are first appointed.
    (b) Contents.--The final report shall contain a detailed statement 
of the findings, conclusions, and recommendations of the Commission 
which address the issues stated in section 3(b).

SEC. 8. TERMINATION.

    The Commission shall terminate 30 days after the date on which the 
Commission submits its final report to the President and Congress under 
section 7.

SEC. 9. AUTHORIZATION OF APPROPRIATIONS.

    There are authorized to be appropriated such sums as may be 
necessary to carry out this Act.

A:
Commission on the Tax Treatment of Hedge Funds and Private Equity Act of 2007 - Establishes the Commission on the Tax Treatment of Hedge Funds and Private Equity to review and make recommendations to Congress on the tax treatment of the U.S. hedge fund and private equity industry.
****