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

Example Input: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``YMCA Teen Action Agenda Enhancement 
Act of 2001''.

SEC. 2. FINDINGS.

    Congress finds that--
            (1) one in 10 teens, 2,400,000 teens across the Nation, are 
        currently involved in a program offered by a local YMCA;
            (2) recognizing the unique obstacles faced by teenagers, 
        the YMCA has launched the Teen Action Agenda, a nationwide 
        campaign to double this number and serve 1 in 5 teens by 2005;
            (3) in more than 1,900 YMCAs across the United States in 
        cities large and small, in neighborhoods rich and poor, teen 
        groups meet regularly and engage one another in safe, 
        wholesome, educational, and creative activities;
            (4) it is well-documented that teens who participate in 
        structured activities after school are less likely to drink 
        alcohol, carry or use weapons, smoke cigarettes, engage in 
        early sexual activity, or skip school;
            (5) YMCAs serve people of all faiths, races, abilities, 
        ages, and incomes;
            (6) approximately 400 YMCAs partner with juvenile courts, 
        300 partner with public housing developments, 1550 partner with 
        elementary schools, and 1033 partner with high schools;
            (7) the YMCA is volunteer-founded and volunteer-led and 
        depends on more than 600,000 volunteers to meet the unique 
        needs of their communities;
            (8) the YMCA is especially committed to reaching teens that 
        are most at-risk for school failure or delinquency; and
            (9) the prosperity of our Nation depends upon maximizing 
        and fulfilling the potential of its young people.

SEC. 3. DEFINITIONS.

    In this Act:
            (1) Local ymca.--The term ``local YMCA'' means one of the 
        approximately 2,400 locally incorporated and governed YMCAs in 
        the United States.
            (2) Teen program.--The term ``teen program'' means any 
        program primarily attended by individuals between the ages of 
        11 and 19.
            (3) YMCA of the usa.--The term ``YMCA of the USA'' means 
        the private, nonprofit, national membership and service 
        organization of approximately 2,400 local YMCAs.

SEC. 4. GRANTS TO THE YMCA OF THE USA.

    (a) Purposes.--Subject to the availability of appropriations, the 
Attorney General shall award a grant to the YMCA of the USA for the 
purpose of carrying out YMCA programs for at-risk teens in accordance 
with the provisions of this Act.
    (b) Subgrants.--From amounts awarded under subsection (a), the YMCA 
of the USA shall make subgrants to local YMCAs authorizing expenditures 
associated with providing programs, including the hiring of teachers 
and other personnel, procurement of goods and services (including 
computer equipment), or such other expenditures as are approved by the 
Attorney General.

SEC. 5. USE OF FUNDS.

    (a) In General.--
            (1) Programs for at-risk teens.--Amounts granted under this 
        Act shall be used by the YMCA of the USA to provide funding to 
        carry out YMCA programs that have a primary purpose of serving 
        teens who are determined to be at-risk for school failure or 
        delinquency.
            (2) Program requirements.--Each program for which 
        assistance is provided under this Act shall include at least 3 
        of the following different activities:
                    (A) Mentoring assistance.
                    (B) Academic assistance.
                    (C) Recreational, fitness, and athletic activities.
                    (D) Technology training.
                    (E) Drug, alcohol, and gang prevention.
                    (F) Job and life skills.
                    (G) Character development and values education.
                    (H) Leadership development.
                    (I) Truancy and dropout prevention.
                    (J) Civic education.
                    (K) Volunteerism and service learning.
                    (L) Parenting skills.
                    (M) Literary, performing, and visual arts.
                    (N) Mental health services.
                    (O) Alternative education.
                    (P) Any research-based activity shown to have a 
                positive impact on the academic and social outcomes of 
                teens.
    (b) Additional Requirements.--In carrying out the programs under 
subsection (a), a local YMCA shall, to the maximum extent practicable--
            (1) use volunteers from businesses, academic communities, 
        social organizations, and law enforcement organizations to 
        serve as mentors or to assist in other ways;
            (2) develop creative methods of conducting outreach to 
        teens in the community;
            (3) request donations of computer equipment and other 
        materials and equipment; and
            (4) work with State and local educational and recreation 
        agencies so that activities funded with amounts made available 
        under a grant under this Act will not duplicate activities 
        funded from other sources in the community served.
    (c) Funding for Program Administration.--Of the amounts granted to 
the YMCA of the USA under this Act in each fiscal year, the YMCA of the 
USA shall use--
            (1) not less than 2 percent for research and evaluation of 
        the subgrants made under this Act;
            (2) not less than 1 percent for technical assistance 
        related to the subgrants awarded under this Act; and
            (3) not more than 6 percent for the management and 
        administration of the subgrants made under this Act.

SEC. 6. APPLICATIONS FOR SUBGRANTS.

    (a) Eligibility.--To be eligible to receive a subgrant under this 
Act, an applicant shall submit an application to the YMCA of the USA.
    (b) Contents.--Each application submitted shall include--
            (1) a request for a subgrant to be used for the purposes of 
        this Act;
            (2) a description of the population to be served by the 
        subgrant and information demonstrating that this population is 
        at-risk for school failure or delinquency;
            (3) a description of the program to be expanded or 
        established by the subgrant;
            (4) information demonstrating the manner in which the local 
        YMCA will carry out the planning, establishment, 
        implementation, sustainability, and evaluation of the program 
        funded by the subgrant;
            (5) information demonstrating that there are non-Federal 
        contributions (which may be in the form of an in-kind 
        contribution of goods or services) available to cover at least 
        50 percent of the total cost of the project; and
            (6) any additional statistical or financial information 
        that the YMCA of the USA may reasonably require.
    (c) Consideration of Subgrants.--In awarding subgrants under this 
Act, the YMCA of the USA shall consider--
            (1) the ability of the applicant to provide the intended 
        services;
            (2) the history and establishment of the applicant in 
        providing teen activities; and
            (3) efforts to achieve an equitable geographic distribution 
        of subgrant awards.

SEC. 7. REPORT.

    For each fiscal year for which a grant is awarded under this Act, 
the YMCA of the USA shall submit to the Attorney General a report that 
details the progress and effectiveness of the YMCA programs in reaching 
measurable outcomes.

SEC. 8. AUTHORIZATION OF APPROPRIATIONS.

    (a) In General.--There are authorized to be appropriated to carry 
out this Act $20,000,000 for each of fiscal years 2002 through 2006.
    (b) Continued Availability.--Amounts made available to carry out 
this Act shall remain available until expended.
Example Output: YMCA Teen Action Agenda Enhancement of 2001 - Directs the Attorney General to award a grant to the YMCA of the USA to make subgrants to local YMCAs for programs for at-risk teens which include specified types of activities.

Example Input: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Outdoor Recreation Legacy 
Partnership Grant Program Act of 2015''.

SEC. 2. DEFINITIONS.

    In this Act:
            (1) Eligible entity.--
                    (A) In general.--The term ``eligible entity'' 
                means--
                            (i) a State;
                            (ii) a political subdivision of a State, 
                        including--
                                    (I) a city; and
                                    (II) a county;
                            (iii) a special purpose district, including 
                        park districts; and
                            (iv) an Indian tribe (as defined in section 
                        4 of the Indian Self-Determination and 
                        Education Assistance Act (25 U.S.C. 450b)).
                    (B) Political subdivisions and indian tribes.--A 
                political subdivision of a State or an Indian tribe 
                shall be considered an eligible entity only if the 
                political subdivision or Indian tribe represents or 
                otherwise serves a qualifying urban area.
            (2) Outdoor recreation legacy partnership grant program.--
        The term ``Outdoor Recreation Legacy Partnership Grant 
        Program'' means the program established under section 3(a).
            (3) Qualifying urban area.--The term ``qualifying urban 
        area'' means an area described in the notice of the Bureau of 
        the Census entitled ``Qualifying Urban Areas for the 2010 
        Census'' (77 Fed. Reg. 18652 (March 27, 2012)).
            (4) Secretary.--The term ``Secretary'' means the Secretary 
        of the Interior.

SEC. 3. GRANTS AUTHORIZED.

    (a) In General.--The Secretary shall establish an outdoor 
recreation legacy partnership grant program under which the Secretary 
may award grants to eligible entities for projects--
            (1) to acquire land and water for parks and other outdoor 
        recreation purposes; and
            (2) to develop new or renovate existing outdoor recreation 
        facilities.
    (b) Matching Requirement.--
            (1) In general.--As a condition of receiving a grant under 
        subsection (a), an eligible entity shall provide matching funds 
        in the form of cash or an in-kind contribution in an amount 
        equal to not less than 100 percent of the amounts made 
        available under the grant.
            (2) Sources.--The matching amounts referred to in paragraph 
        (1) may include amounts made available from State, local, 
        nongovernmental, or private sources.

SEC. 4. ELIGIBLE USES.

    (a) In General.--A grant recipient may use a grant awarded under 
this Act--
            (1) to acquire land or water that provides outdoor 
        recreation opportunities to the public; and
            (2) to develop or renovate outdoor recreational facilities 
        that provide outdoor recreation opportunities to the public, 
        with priority given to projects that--
                    (A) create or significantly enhance access to park 
                and recreational opportunities in an urban neighborhood 
                or community;
                    (B) engage and empower underserved communities and 
                youth;
                    (C) provide opportunities for youth employment or 
                job training;
                    (D) establish or expand public-private 
                partnerships, with a focus on leveraging resources; and
                    (E) take advantage of coordination among various 
                levels of government.
    (b) Limitations on Use.--A grant recipient may not use grant funds 
for--
            (1) grant administration costs;
            (2) incidental costs related to land acquisition, including 
        appraisal and titling;
            (3) operation and maintenance activities;
            (4) facilities that support semiprofessional or 
        professional athletics;
            (5) indoor facilities such as recreation centers or 
        facilities that support primarily non-outdoor purposes; or
            (6) acquisition of land or interests in land that restrict 
        access to specific persons.

SEC. 5. NATIONAL PARK SERVICE REQUIREMENTS.

    In carrying out the Outdoor Recreation Legacy Partnership Grant 
Program, the Secretary shall--
            (1) conduct an initial screening and technical review of 
        applications received; and
            (2) evaluate and score all qualifying applications.

SEC. 6. REPORTING.

    (a) Annual Reports.--Not later than 30 days after the last day of 
each report period, each State lead agency that receives a grant under 
this Act shall annually submit to the Secretary performance and 
financial reports that--
            (1) summarize project activities conducted during the 
        report period; and
            (2) provide the status of the project.
    (b) Final Reports.--Not later than 90 days after the earlier of the 
date of expiration of a project period or the completion of a project, 
each State lead agency that receives a grant under this Act shall 
submit to the Secretary a final report containing such information as 
the Secretary may require.

SEC. 7. REVENUE SHARING.

    Section 105(a)(2)(B) of the Gulf of Mexico Energy Security Act of 
2006 (43 U.S.C. 1331 note; Public Law 109-432) is amended by inserting 
before the period at the end ``, of which 20 percent for each of fiscal 
years 2017 through 2055 shall be used by the Secretary of the Interior 
to provide grants under the Outdoor Recreation Legacy Partnership Grant 
Program Act of 2015.''.
Example Output: Outdoor Recreation Legacy Partnership Grant Program Act of 2015 This bill directs the Department of the Interior to establish an outdoor recreation legacy partnership grant program under which Interior awards grants to eligible entities (the states, their political subdivisions, special purpose districts, and Indian Tribes) for projects to: (1) acquire land and water for parks and other outdoor recreation purposes, and (2) develop new or renovate existing outdoor recreation facilities.  As a condition for receiving a grant, an eligible entity shall provide matching funds in cash or in kind equal to 100% of the amounts available under the grant.  A grant recipient may use the grant to acquire land or water providing outdoor recreation opportunities to the public. A grant may also be used to develop or renovate outdoor recreational facilities, with priority given to projects that:   create or significantly enhance access to park and recreational opportunities in an urban neighborhood or community; engage and empower underserved communities and youth; provide opportunities for youth employment or job training; establish or expand public-private partnerships; take advantage of coordination among various levels of government.   Grant funds may not be used for specified costs, facilities, and activities, including the acquisition of lands or interests that restrict access to particular persons.

Example Input: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Creating Jobs From Innovative Small 
Businesses Act of 2015''.

SEC. 2. CREDIT FOR INVESTMENTS IN SMALL TECHNOLOGY INNOVATION 
              COMPANIES.

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

``SEC. 45S. RESEARCH INTENSIVE INVESTMENT TAX CREDIT.

    ``(a) Allowance of Credit.--For purposes of section 38, the 
research intensive investment tax credit determined under this section 
for the taxable year is an amount equal to 20 percent of the amount 
paid by the taxpayer during such year to acquire a qualified equity 
investment in a qualified research intensive small business concern.
    ``(b) Maximum Credit.--
            ``(1) In general.--The taxpayer's credit determined under 
        this section for the taxable year shall not exceed the excess 
        (if any) of--
                    ``(A) $100,000, over
                    ``(B) the taxpayer's (and any predecessor's) 
                aggregate credit determined under this section for all 
                prior taxable years.
            ``(2) Related parties.--
                    ``(A) In general.--For purposes of paragraph (1), 
                all related persons shall be treated as 1 person, and 
                the dollar amount in paragraph (1)(A) shall be 
                allocated among such persons under regulations 
                prescribed by the Secretary.
                    ``(B) Related persons.--A person shall be treated 
                as related to another person if the relationship 
                between such persons would result in the disallowance 
                of losses under section 267 or 707(b).
    ``(c) Definitions.--For purposes of this section--
            ``(1) Qualified equity investment.--
                    ``(A) In general.--The term `qualified equity 
                investment' means any equity investment in a qualified 
                research intensive small business concern if--
                            ``(i) such investment is acquired by the 
                        taxpayer at its original issue (directly or 
                        through an underwriter) solely in exchange for 
                        cash, and
                            ``(ii) such investment is designated for 
                        purposes of this section by such concern.
                    ``(B) Equity investment.--The term `equity 
                investment' means--
                            ``(i) any stock (other than nonqualified 
                        preferred stock as defined in section 
                        351(g)(2)) in an entity which is a corporation, 
                        and
                            ``(ii) any capital interest in an entity 
                        which is a partnership.
                    ``(C) Redemptions.--A rule similar to the rule of 
                section 1202(c)(3) shall apply for purposes of this 
                subsection.
            ``(2) Qualified research intensive small business 
        concern.--The term `qualified research intensive small business 
        concern' means, with respect to any taxable year, any small 
        business concern (as defined in section 3 of the Small Business 
        Act) if--
                    ``(A) such concern employs an average of fewer than 
                500 employees on business days during such year, and
                    ``(B) at least 50 percent of the gross expenditures 
                of such entity for such year are research or 
                experimental expenditures under section 174.
    ``(d) National Limitation on Amount of Investments Designated.--
            ``(1) In general.--There is a research intensive investment 
        tax credit limitation for each calendar year. Such limitation 
        is--
                    ``(A) $500,000,000 for 2015,
                    ``(B) $750,000,000 for 2016 and 2017, and
                    ``(C) $1,000,000,000 for 2018 and 2019.
            ``(2) Allocation of limitation.--The limitation under 
        paragraph (1) shall be allocated by the Secretary among 
        qualified research intensive small business concerns selected 
        by the Secretary.
            ``(3) Carryover of unused limitation.--If the research 
        intensive investment tax credit limitation for any calendar 
        year exceeds the aggregate amount allocated under paragraph (2) 
        for such year, such limitation for the succeeding calendar year 
        shall be increased by the amount of such excess. No amount may 
        be carried under the preceding sentence to any calendar year 
        after 2023.
    ``(e) Certain Taxpayers Not Eligible.--No credit shall be 
determined under this section for any equity investment in any 
qualified research intensive small business concern made by any 
individual who, at the time of the investment, is--
            ``(1) an employee of such concern, or
            ``(2) a member of the family (within the meaning of section 
        267(c)(4)) of an employee of such concern.
    ``(f) Basis Reduction.--The basis of any qualified equity 
investment shall be reduced by the amount of any credit determined 
under this section with respect to such investment. This subsection 
shall not apply for purposes of sections 1202, 1400B, and 1400F.
    ``(g) Regulations.--The Secretary shall prescribe such regulations 
as may be appropriate to carry out this section, including 
regulations--
            ``(1) which prevent the abuse of the purposes of this 
        section,
            ``(2) which impose appropriate reporting requirements, and
            ``(3) which apply the provisions of this section to newly 
        formed entities.''.
    (b) Credit Made Part of General Business Credit.--Subsection (b) of 
section 38 of such Code (relating to current year business credit) is 
amended by striking ``plus'' at the end of paragraph (35), by striking 
the period at the end of paragraph (36) and inserting ``, plus'', and 
by adding at the end the following new paragraph:
            ``(37) the research intensive investment tax credit 
        determined under section 45S.''.
    (c) 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. 45S. Research intensive investment tax credit.''.
    (d) Effective Date.--The amendments made by this section shall 
apply to investments made after December 31, 2014, in taxable years 
ending after such date.
Example Output:
Creating Jobs From Innovative Small Businesses Act of 2015   Amends the Internal Revenue Code to allow a general business tax credit of 20% of the amount paid to acquire an equity investment in a qualified research intensive small business concern. Defines "qualified research intensive small business concern" as a small business concern that employs an average of fewer than 500 employees during a year and devotes at least 50% of its gross expenditures to research and experimentation.