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

[EX Q]: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Rural Access to Credit Act of 
2010''.

SEC. 2. BUSINESS AND INDUSTRY DIRECT AND GUARANTEED LOANS.

    (a) Tangible Equity Requirements.--Section 310B(d) of the 
Consolidated Farm and Rural Development Act (7 U.S.C. 1932(d)) is 
amended by striking paragraph (6) and inserting the following:
            ``(6) Equity.--In the case of direct or guaranteed loans 
        under this section, the Secretary shall use commercial lending 
        standards in determining any equity requirement.''.
    (b) General Terms.--Section 310B(g) of the Consolidated Farm and 
Rural Development Act (7 U.S.C. 1932(g)) is amended by adding at the 
end the following:
            ``(10) General terms.--
                    ``(A) Maximum loan guarantee amount.--
                            ``(i) In general.--Notwithstanding any 
                        other provision of this Act, during the period 
                        beginning on the date of enactment of this 
                        paragraph and ending on December 31, 2011, the 
                        Secretary shall guarantee up to 90 percent of a 
                        business and industry loan in an amount of up 
                        to $10,000,000 that is a high priority project, 
                        as determined based on published criteria of 
                        the Secretary that includes rural economic 
                        factors.
                            ``(ii) Subsequent fiscal years.--
                        Notwithstanding any other provision of this 
                        Act, beginning on January 1, 2012, the 
                        Secretary may guarantee up to 80 or 90 percent 
                        (as determined by the Secretary) of a business 
                        and industry loan in an amount of up to 
                        $10,000,000 that is a high priority project, as 
                        determined based on criteria described in 
                        clause (i).
                    ``(B) Line-of-credit loans.--In guaranteeing 
                business and industry loans, the Secretary shall 
                guarantee line-of-credit loans in accordance with 
                section 316(c).
                    ``(C) Refinancing.--
                            ``(i) In general.--A business and industry 
                        loan may be used by a small business to 
                        refinance debt in existence as of the day 
                        before the date on which the loan was made or 
                        guaranteed, if--
                                    ``(I) the project for which the 
                                debt was incurred is viable and will 
                                create or save jobs, as determined by 
                                the Secretary; and
                                    ``(II) as of the date of 
                                application for refinancing--
                                            ``(aa) the underlying loan 
                                        has been current for at least 1 
                                        year; and
                                            ``(bb) the lender is 
                                        providing better rates and 
                                        longer terms than under the 
                                        original loan.
                            ``(ii) Subordinated owner debt.--
                        Subordinated owner debt shall not be eligible 
                        for inclusion in debt described in clause (i).
                    ``(D) Audit standards.--Notwithstanding any other 
                provision of law, the Secretary--
                            ``(i) shall not require audited financial 
                        statements consistent with generally accepted 
                        accounting principles for business and industry 
                        loans of less than $1,000,000; and
                            ``(ii) may waive any requirement for 
                        audited financial statements consistent with 
                        generally accepted accounting principles for 
                        business and industry loans of at least 
                        $1,000,000.
                    ``(E) Calculation of delinquency rates.--To allow 
                accurate comparison of delinquency rates among Federal 
                agencies, in calculating the delinquency rate for 
                business and industry loans, the Secretary shall use 
                the calculation method used by the Administrator of the 
                Small Business Administration.''.
    (c) Sense of Congress Relating to the Rural Microentrepreneur 
Assistance Program.--It is the sense of Congress that in allocating 
discretionary funds of the Secretary of Agriculture, the Secretary of 
Agriculture should give priority to the rural microentrepreneur 
assistance program established under section 379E of the Consolidated 
Farm and Rural Development Act (7 U.S.C. 2008s).
    (d) 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.
[EX A]: Rural Access to Credit Act of 2010 - Amends the Consolidated Farm and Rural Development Act to direct the Secretary of Agriculture (USDA) to use commercial lending standards in determining equity requirements for rural entity direct or guaranteed loans.

Directs the Secretary, through December 31, 2011, to guarantee up to 90% of high priority business and industry loans up to $10 million. Authorizes the Secretary, beginning on January 1, 2012, to guarantee up to 80% or 90% of high priority business and industry loans up to $10 million. Directs the Secretary to guarantee related line-of-credit loans.

Authorizes business and industry loans to be used for refinancing.

Waives audit requirements for business and industry loans under $1 million. Authorizes audit waiver for loans of at least $1 million.

Directs the Secretary to use the Small Business Administration (SBA) calculation method in calculating the delinquency rate for business and industry loans.

Expresses the sense of Congress that in allocating discretionary funds the Secretary should give priority to the rural microentrepreneur assistance program.

[EX Q]: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``More Border Patrol Agents Now Act of 
2006''.

SEC. 2. BORDER PATROL AGENT ENHANCEMENT.

    (a) Plan.--In order to address the recruitment and retention 
challenges faced by the United States Border Patrol, the Secretary of 
Homeland Security shall, not later than six months after the date of 
the enactment of this Act, submit to the Committee on Homeland Security 
and the Committee on Government Reform of the House of Representatives 
and the Committee on Homeland Security and Governmental Affairs of the 
Senate a plan to determine how the Border Patrol can better recruit and 
retain Border Patrol agents with the appropriate skills and training to 
effectively carry out its mission and responsibilities.
    (b) Contents.--The plan shall include, at a minimum, the following 
components:
            (1) A strategy for the utilization of the recruitment 
        authority provided in subsection (a) of section 9702 of title 
        5, United States Code (as added by section 3), as well as any 
        other strategies the Secretary determines to be important in 
        recruiting well-qualified Border Patrol agents.
            (2) A strategy for the utilization of the retention 
        authority provided in subsection (b) of section 9702 of title 
        5, United States Code (as added by section 3), as well as any 
        other strategies the Secretary determines to be important in 
        retaining well-qualified Border Patrol agents.
            (3) An assessment of the impact that current pay levels for 
        Border Patrol agents has on the Department's ability to recruit 
        and retain Border Patrol agents, especially in high cost-of-
        living areas.
            (4) An assessment of whether increased opportunities for 
        Border Patrol agents to transfer between duty stations would 
        improve employee morale and enhance the Department's ability to 
        recruit and retain well-qualified Border Patrol agents.

SEC. 3. RECRUITMENT AND RETENTION BONUSES FOR BORDER PATROL AGENT 
              ENHANCEMENT.

    (a) In General.--Chapter 97 of title 5, United States Code, is 
amended by adding at the end the following new section:
``Sec. 9702. Border Patrol agent enhancement
    ``(a) Recruitment Bonuses for Border Patrol Agents.--
            ``(1) In general.--In order to carry out the plan described 
        in section 2(a) of the More Border Patrol Agents Now Act of 
        2006, the Secretary of Homeland Security may pay a bonus to an 
        individual to recruit a sufficient number of Border Patrol 
        agents.
            ``(2) Bonus amount.--
                    ``(A) In general.--The amount of a bonus under this 
                subsection shall be determined by the Secretary, but 
                may not exceed 25 percent of the annual rate of basic 
                pay of the position involved as of the beginning of the 
                period of service referred to in paragraph (3)(A).
                    ``(B) Lump-sum.--A bonus under this subsection 
                shall be paid in the form of a lump-sum payment and 
                shall not be considered to be part of basic pay.
            ``(3) Service agreements.--Payment of a bonus under this 
        section shall be contingent upon the individual entering into a 
        written service agreement with the United States Border Patrol. 
        The agreement shall include--
                    ``(A) the period of service the individual shall be 
                required to complete in return for the bonus; and
                    ``(B) the conditions under which the agreement may 
                be terminated before the agreed-upon service period has 
                been completed, and the effect of such termination.
            ``(4) Limitation on eligibility.--A bonus under this 
        section may not be paid to recruit an individual for--
                    ``(A) a position to which an individual is 
                appointed by the President, by and with the advice and 
                consent of the Senate;
                    ``(B) a position in the Senior Executive Service as 
                a noncareer appointee (as defined in section 3132(a)); 
                or
                    ``(C) a position which has been excepted from the 
                competitive service by reason of its confidential, 
                policy-determining, policy-making, or policy-advocating 
                character.
            ``(5) Termination.--The authority to pay bonuses under this 
        subsection shall terminate five years after the date of the 
        enactment of this section.
    ``(b) Retention Bonuses for Border Patrol Agents.--
            ``(1) In general.--In order to carry out the plan described 
        in section 2(a) of the More Border Patrol Agents Now Act of 
        2006, the Secretary of Homeland Security may pay a retention 
        bonus to a Border Patrol agent.
            ``(2) Service agreement.--Payment of a bonus under this 
        subsection is contingent upon the employee entering into a 
        written service agreement with the United States Border Patrol 
        to complete a period of service with the Border Patrol. Such 
        agreement shall include--
                    ``(A) the period of service the employee shall be 
                required to complete in return for the bonus; and
                    ``(B) the conditions under which the agreement may 
                be terminated before the agreed-upon service period has 
                been completed, and the effect of such termination.
            ``(3) Bonus amount.--
                    ``(A) In general.--The amount of a bonus under this 
                subsection shall be determined by the Secretary, but 
                may not exceed 25 percent of the annual rate of basic 
                pay of the position involved as of the beginning of the 
                period of service referred to in paragraph (2)(A).
                    ``(B) Lump-sum.--A bonus under this subsection 
                shall be paid in the form of a lump-sum payment and 
                shall not be considered to be part of basic pay.
            ``(4) Limitation.--A bonus under this subsection may not be 
        based on any period of service which is the basis for a 
        recruitment bonus under subsection (a).
            ``(5) Termination of authority.--The authority to grant 
        bonuses under this subsection shall expire five years after the 
        date of the enactment of this section.
    ``(c) Waiver Authority Relating to Reemployed Annuitants.--
            ``(1) In general.--In order to help address the challenges 
        faced by the United States Border Patrol, the Secretary of 
        Homeland Security may appoint annuitants to positions within 
        the United States Border Patrol in accordance with succeeding 
        provisions of this subsection.
            ``(2) Exclusion from offset.--An annuitant serving in a 
        position within the United States Border Patrol pursuant to an 
        appointment made under paragraph (1)--
                    ``(A) shall not be subject to the provisions of 
                section 8344 or 8468, as the case may be; and
                    ``(B) shall not, for purposes of subchapter III of 
                chapter 83 or chapter 84, be considered an employee.
            ``(3) Limitations.--
                    ``(A) Appointments.--The authority to make any 
                appointments under paragraph (1) shall terminate five 
                years after the date of the enactment of this 
                subsection.
                    ``(B) Exclusion.--The provisions of paragraph (2) 
                shall not, in the case of any annuitant appointed under 
                paragraph (1), remain in effect--
                            ``(i) with respect to more than five years 
                        of service (in the aggregate); nor
                            ``(ii) with respect to any service 
                        performed after the end of the ten-year period 
                        beginning on the date of the enactment of this 
                        subsection.
            ``(4) No displacement.--No appointment under this 
        subsection may be made if such appointment would result in the 
        displacement of any Border Patrol employee.
            ``(5) Definition.--For purposes of this subsection, the 
        term `annuitant' has the meaning given such term by section 
        8331 or 8401, as the case may be.''.
    (b) Conforming Amendment.--The table of contents for chapter 97 of 
title 5, United States Code, is amended by adding at the end the 
following:

``9702. Border Patrol agent enhancement.''.

            Passed the House of Representatives September 26, 2006.

            Attest:

                                                 KAREN L. HAAS,

                                                                 Clerk.
[EX A]: More Border Patrol Agents Now Act of 2006 - Directs the Secretary of Homeland Security to submit to the House Committees on Homeland Security and Government Reform and the Senate Committee on Homeland Security and Governmental Affairs a plan to determine how the Border Patrol can better recruit and retain agents with the appropriate skills and training.

Requires such plan to include: (1) recruitment and retention strategies; and (2) assessments of the impact of pay levels and duty station transfer opportunities upon recruitment and retention.

Amends federal law to authorize the Secretary (for five years) to pay a: (1) bonus to an individual to recruit Border Patrol agents; and (2) retention bonus to Border Patrol agents.

States that such bonuses shall: (1) not exceed 25% of the annual rate of basic pay of the position involved; (2) be paid in a lump-sum and not be considered part of basic pay; and (3) be contingent upon the individual entering into a written service agreement with the Border Patrol.

Authorizes the Secretary (for five years) to appoint annuitants to Border Patrol positions. Excludes such positions from specified offsets. Prohibits appointments that would displace any Border Patrol employee.

[EX Q]: SECTION 1. PARTIAL EXPENSING FOR ADVANCED MINE SAFETY EQUIPMENT.

    (a) In General.--Part VI of subchapter B of chapter 1 of the 
Internal Revenue Code of 1986 (relating to itemized deductions for 
individuals and corporations) is amended by inserting after section 
179D the following new section:

``SEC. 179E. ELECTION TO EXPENSE ADVANCED MINE SAFETY EQUIPMENT.

    ``(a) Treatment as Expenses.--A taxpayer may elect to treat 50 
percent of the cost of any qualified advanced mine safety equipment 
property as an expense which is not chargeable to capital account. Any 
cost so treated shall be allowed as a deduction for the taxable year in 
which the qualified advanced mine safety equipment property is placed 
in service.
    ``(b) Election.--
            ``(1) In general.--An election under this section for any 
        taxable year shall be made on the taxpayer's return of the tax 
        imposed by this chapter for the taxable year. Such election 
        shall specify the advanced mine safety equipment property to 
        which the election applies and shall be made in such manner as 
        the Secretary may by regulations prescribe.
            ``(2) Election irrevocable.--Any election made under this 
        section may not be revoked except with the consent of the 
        Secretary.
    ``(c) Qualified Advanced Mine Safety Equipment Property.--For 
purposes of this section, the term `qualified advanced mine safety 
equipment property' means any advanced mine safety equipment property 
for use in any underground mine located in the United States--
            ``(1) the original use of which commences with the 
        taxpayer, and
            ``(2) which is placed in service by the taxpayer after the 
        date of the enactment of this section.
    ``(d) Advanced Mine Safety Equipment Property.--For purposes of 
this section, the term `advanced mine safety equipment property' means 
any of the following:
            ``(1) Emergency communication technology or device which is 
        used to allow a miner to maintain constant communication with 
        an individual who is not in the mine.
            ``(2) Electronic identification and location device which 
        allows an individual who is not in the mine to track at all 
        times the movements and location of miners working in or at the 
        mine.
            ``(3) Emergency oxygen-generating, self-rescue device which 
        provides oxygen for at least 90 minutes.
            ``(4) Pre-positioned supplies of oxygen which (in 
        combination with self-rescue devices) can be used to provide 
        each miner on a shift, in the event of an accident or other 
        event which traps the miner in the mine or otherwise 
        necessitates the use of such a self-rescue device, the ability 
        to survive for at least 48 hours.
            ``(5) Comprehensive atmospheric monitoring system which 
        monitors the levels of carbon monoxide, methane, and oxygen 
        that are present in all areas of the mine and which can detect 
        smoke in the case of a fire in a mine.
    ``(e) Special Rules.--
            ``(1) Coordination with section 179.--No expenditures shall 
        be taken into account under subsection (a) with respect to the 
        portion of the cost of any property specified in an election 
        under section 179.
            ``(2) Basis reduction.--For purposes of this title, the 
        basis of any property shall be reduced by the portion of the 
        cost of such property taken into account under subsection (a).
    ``(f) Termination.--This section shall not apply to property placed 
in service after the date which is 3 years after the date of the 
enactment of this section.''.
    (b) Alternative Election to Increase Minimum Tax Limitation.--
Section 53 of such Code (relating to credit for prior year minimum tax 
liability) is amended by adding at the end the following new 
subsection:
    ``(e) Temporary Election to Increase Minimum Tax Limitation for 
Mine Safety Investments.--
            ``(1) In general.--A taxpayer may elect to increase the 
        limitation under subsection (c) for a taxable year by the cost 
        of any qualified advanced mine safety equipment property, as 
        defined for purposes of section 179E, placed into service 
        during such taxable year.
            ``(2) Election.--
                    ``(A) In general.--An election under this 
                subsection for any taxable year shall be made on the 
                taxpayer's return of the tax imposed by this chapter 
                for the taxable year. Such election shall specify the 
                advanced mine safety equipment property to which the 
                election applies and shall be made in such manner as 
                the Secretary may by regulations prescribe.
                    ``(B) Election irrevocable.--Any election made 
                under this subsection may not be revoked except with 
                the consent of the Secretary.
                    ``(C) No double benefit.--A taxpayer making an 
                election under this subsection for any taxable year may 
                not make an election for such year under section 179E.
            ``(3) Credit refundable.--The aggregate increase in the 
        credit allowed by this section for any taxable year by reason 
        of this subsection shall for purposes of this title (other than 
        subsection (b)(2) of this section) be treated as a credit 
        allowed to the taxpayer under subpart C.
            ``(4) Termination.--The election made under this subsection 
        shall not apply with respect to property placed in service 
        after the date which is 3 years after the date of the enactment 
        of this section.''.
    (c) Conforming Amendments.--
            (1) Section 263(a)(1) of such Code is amended by striking 
        ``or'' at the end of subparagraph (J), by striking the period 
        at the end of subparagraph (K) and inserting ``, or'', and by 
        inserting after subparagraph (K) the following new 
        subparagraph:
                    ``(L) expenditures for which a deduction is allowed 
                under section 179E.''.
            (2) Section 312(k)(3)(B) of such Code is amended by 
        striking ``or 179D'' each place it appears in the heading and 
        text thereof and inserting ``179D, or 179E''.
            (3) Section 1016(a) of such Code is amended by striking 
        ``and'' at the end of paragraph (36), by striking the period at 
        the end of paragraph (37) and inserting ``, and'', and by 
        adding at the end the following new paragraph:
            ``(38) to the extent provided in section 179E(e)(2).''.
            (4) Section 1245(a)(2)(C) of such Code is amended by 
        inserting ``179E,'' after ``179D,''.
            (5) The table of sections for part VI of subchapter B of 
        chapter 1 of such Code is amended by inserting after the item 
        relating to section 179D the following new item:

``Sec. 179E. Election to expense advanced mine safety equipment''.
    (d) Effective Date.--The amendments made by this section shall 
apply to costs paid or incurred after the date of the enactment of this 
Act.

SEC. 2. MINE RESCUE TEAM TRAINING TAX CREDIT.

    (a) In General.--Subpart D of part IV of subchapter A of chapter 1 
of the Internal Revenue Code of 1986 (relating to business related 
credits) is amended by adding at the end the following new section:

``SEC. 45N. MINE RESCUE TEAM TRAINING CREDIT.

    ``(a) Amount of Credit.--For purposes of section 38, the mine 
rescue team training credit determined under this section with respect 
to any eligible employer for any taxable year is an amount equal to the 
lesser of--
            ``(1) 20 percent of the amount paid or incurred by the 
        taxpayer during the taxable year with respect to the training 
        program costs of each qualified mine rescue team employee 
        (including wages of such employee while attending such 
        program), or
            ``(2) $10,000 per qualified mine rescue team employee.
    ``(b) Qualified Mine Rescue Team Employee.--For purposes of this 
section, the term `qualified mine rescue team employee' means with 
respect to any taxable year any full-time employee of the taxpayer who 
is--
            ``(1) a miner eligible for more than 6 months of such 
        taxable year to serve as a mine rescue team member as a result 
        of completing, at a minimum, an initial 20-hour course of 
        instruction as prescribed by the Mine Safety and Health 
        Administration's Office of Educational Policy and Development, 
        or
            ``(2) a miner eligible for more than 6 months of such 
        taxable year to serve as a mine rescue team member by virtue of 
        receiving at least 40 hours of refresher training in such 
        instruction.
    ``(c) Eligible Employer.--For purposes of this section, the term 
`eligible employer' means any taxpayer which employs individuals as 
miners in underground mines in the United States.
    ``(d) Wages.--For purposes of this section, the term `wages' has 
the meaning given to such term by subsection (b) of section 3306 
(determined without regard to any dollar limitation contained in such 
section).
    ``(e) Termination.--This section shall not apply to taxable years 
beginning after December 31, 2008.''.
    (b) Credit Made Part of General Business Credit.--Section 38(b) of 
such Code is amended by striking ``and'' at the end of paragraph (29), 
by striking the period at the end of paragraph (30) and inserting ``, 
and'', and by adding at the end the following new paragraph:
            ``(31) the mine rescue team training credit determined 
        under section 45N(a).''.
    (c) Credit Allowed Against Minimum Tax.--Subparagraph (B) of 
section 38(c)(4) of such Code (relating to specified credits) is 
amended by redesignating clause (ii) as clause (iii) and inserting 
after clause (i) the following new clause:
                            ``(ii) for taxable years beginning after 
                        December 31, 2005, and before January 1, 2009, 
                        the mine rescue team training credit determined 
                        under section 45N(a).''.
    (d) No Double Benefit.--Section 280C of such Code is amended by 
adding at the end the following new subsection:
    ``(e) Mine Rescue Team Training Credit.--No deduction shall be 
allowed for that portion of the expenses otherwise allowable as a 
deduction for the taxable year which is equal to the amount of the 
credit determined for the taxable year under section 45N(a).''.
    (e) Clerical Amendment.--The table of sections for subpart D of 
part IV of subchapter A of chapter 1 of such Code is amended by adding 
at the end the following new item:

``Sec. 45N. Mine rescue team training credit''.
    (f) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2005.
[EX A]:
Amends the Internal Revenue Code to allow a taxpayer election to expense (i.e., deduct in the current taxable year) 50% of the cost of qualified advanced mine safety equipment property. Defines such property to include: (1) an emergency communication technology or device for constant communication with individuals outside the mine; (2) an electronic identification and location device; (3) an emergency oxygen-generating device; (4) pre-positioned oxygen supplies; and (5) a comprehensive atmospheric monitoring system to monitor levels of carbon monoxide and other gases present in a mine.

Allows employers a business-related tax credit for the lesser of 20% of the training costs of their qualified mine rescue team employees or $10,000 for each such employee. Defines such an employee as one who receives a certain level of mine safety training as prescribed by the Mine Safety and Health Administration. Terminates such credit after 2008.