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. AMENDMENT AND EXTENSION OF IRISH PEACE PROCESS CULTURAL AND 
              TRAINING PROGRAM.

    (a) Irish Peace Process Cultural and Training Program Act.--
        (1) Program participant requirements.--Section 2(a) of the 
    Irish Peace Process Cultural and Training Program Act of 1998 (8 
    U.S.C. 1101 note) is amended by adding at the end the following:
        ``(5) Program participant requirements.--An alien entering the 
    United States as a participant in the program shall satisfy the 
    following requirements:
            ``(A) The alien shall be a citizen of the United Kingdom or 
        the Republic of Ireland.
            ``(B) The alien shall be between 21 and 35 years of age on 
        the date of departure for the United States.
            ``(C) The alien shall have resided continuously in a 
        designated county for not less than 18 months before such date.
            ``(D) The alien shall have been continuously unemployed for 
        not less than 12 months before such date.
            ``(E) The alien may not have a degree from an institution 
        of higher education.''.
        (2) Extension of program.--Section 2 of the Irish Peace Process 
    Cultural and Training Program Act of 1998 (8 U.S.C. 1101 note) is 
    amended--
            (A) in subsection (a)(3), by striking ``the third program 
        year and for the 4 subsequent years,'' and inserting ``each 
        program year,''; and
            (B) by amending subsection (d) to read as follows:
    ``(d) Sunset.--
        ``(1) Effective October 1, 2008, the Irish Peace Process 
    Cultural and Training Program Act of 1998 is repealed.
        ``(2) Effective October 1, 2008, section 101(a)(15)(Q) of the 
    Immigration and Nationality Act (8 U.S.C. 1101(a)(15)(Q)) is 
    amended--
            ``(A) by striking `or' at the end of clause (i);
            ``(B) by striking `(i)' after `(Q)'; and
            ``(C) by striking clause (ii).''.
        (3) Cost-sharing.--Section 2 of the Irish Peace Process 
    Cultural and Training Program Act of 1998 (8 U.S.C. 1101 note), as 
    amended by paragraph (2), is further amended--
            (A) by redesignating subsections (c) and (d) as subsections 
        (d) and (e), respectively; and
            (B) by inserting after subsection (b), the following new 
        subsection:
    ``(c) Cost-sharing.--The Secretary of State shall verify that the 
United Kingdom and the Republic of Ireland continue to pay a reasonable 
share of the costs of the administration of the cultural and training 
programs carried out pursuant to this Act.''.
        (4) Technical amendments.--The Irish Peace Process Cultural and 
    Training Program Act of 1998 (8 U.S.C. 1101 note) is amended--
            (A) by striking ``Attorney General'' each place such term 
        appears and inserting ``Secretary of Homeland Security''; and
            (B) by striking ``Immigration and Naturalization Service'' 
        each place such term appears and inserting ``Department of 
        Homeland Security''.
    (b) Immigration and Nationality Act.--
        (1) Requirements for nonimmigrant status.--Section 
    101(a)(15)(Q) of the Immigration and Nationality Act (8 U.S.C. 
    1101(a)(15)(Q)) is amended--
            (A) by striking ``Attorney General'' each place such term 
        appears and inserting ``Secretary of Homeland Security''; and
            (B) in clause (ii)(I)--
                (i) by striking ``35 years of age or younger having a 
            residence'' and inserting ``citizen of the United Kingdom 
            or the Republic of Ireland, 21 to 35 years of age, 
            unemployed for not less than 12 months, and having a 
            residence for not less than 18 months''; and
                (ii) by striking ``36 months)'' and inserting ``24 
            months)''.
        (2) Foreign residence requirement.--Section 212 of the 
    Immigration and Nationality Act (8 U.S.C. 1182) is amended--
            (A) by redesignating the subsection (p) as added by section 
        1505(f) of Public Law 106-386 (114 Stat. 1526) as subsection 
        (s); and
            (B) by adding at the end the following:
    ``(t)(1) Except as provided in paragraph (2), no person admitted 
under section 101(a)(15)(Q)(ii)(I), or acquiring such status after 
admission, shall be eligible to apply for nonimmigrant status, an 
immigrant visa, or permanent residence under this Act until it is 
established that such person has resided and been physically present in 
the person's country of nationality or last residence for an aggregate 
of at least 2 years following departure from the United States.
    ``(2) The Secretary of Homeland Security may waive the requirement 
of such 2-year foreign residence abroad if the Secretary determines 
that--
        ``(A) departure from the United States would impose exceptional 
    hardship upon the alien's spouse or child (if such spouse or child 
    is a citizen of the United States or an alien lawfully admitted for 
    permanent residence); or
        ``(B) the admission of the alien is in the public interest or 
    the national interest of the United States.''.

                               Speaker of the House of Representatives.

                            Vice President of the United States and    
                                               President of the Senate.
Example Output: Amends the Irish Peace Process Cultural and Training Program Act of 1998 (IPPCTPA) and the Immigration and Nationality Act (INA) to revise the nonimmigrant alien eligibility qualifications for participants in the Irish Peace Process Cultural and Training Program. Sets a minimum age of 21 (retaining the current age 35 maximum) and requires that the individual: (1) be a citizen of the United Kingdom or the Republic of Ireland; (2) have been unemployed continuously for at least 12 months; (3) have resided continuously for at least 18 months in Northern Ireland or one of designated border counties of the Republic of Ireland; and (4) not have a degree from an institution of higher education.

Requires the Department of Homeland Security to report to Congress each program year (currently, the third program year and the four subsequent years) on the number of aliens admitted under the program who have overstayed their visas.

Extends the authority of the IPPCTPA through FY 2008.

Requires the Secretary of State to verify that the United Kingdom and the Republic of Ireland continue to pay a reasonable share of costs for administration of IPPCTPA programs.

Amends the INA to reduce from 36 to 24 months the temporary period of the visit to the United States for participation in the program.

Denies any such person eligibility to apply for nonimmigrant status, an immigrant visa, or permanent residence until he or she has resided and been physically present in the country of nationality or last residence for an aggregate of a least two years following departure from the United States. Authorizes the Secretary of Homeland Security to waive this requirement if: (1) departure from the United States would impose exceptional hardship upon the alien's spouse or child (if such spouse or child is a U.S. citizen or a lawfully resident alien); or (2) the admission of the alien is in the U.S. public or national interest.

Example Input: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Holocaust Victim Insurance Relief 
Act of 1998''.

SEC. 2. FINDINGS.

    Congress makes the following findings:
            (1) During World War II, 6,000,000 victims of the Holocaust 
        lost their lives and property.
            (2) In addition to the many atrocities that befell the 
        victims of the Nazi regime, many of the insurance claims that 
        rightfully should have been paid to the victims and their 
        families were not.
            (3) In many instances, insurance company records are the 
        only proof of the existence of these insurance policies 
        belonging to Holocaust victims.
            (4) Many Holocaust survivors and their descendants have 
        been fighting for 50 years to persuade insurance companies to 
        settle unpaid claims.
            (5) Holocaust survivors and families of victims have asked 
        that insurance companies disclose any information they possess 
        that could show proof of insurance policies held by Holocaust 
        victims and survivors.
            (6) Insurance companies doing business in the United States 
        have a responsibility to ensure that any involvement they or 
        their related companies may have had with insurance policies of 
        Holocaust victims are disclosed to the Federal Government and 
        to ensure the rapid resolution of these questions, eliminating 
        the further victimization of these policyholders and their 
        families.
            (7) The international Jewish community is negotiating with 
        responsible insurance companies to establish an international 
        commission to resolve the issue of outstanding insurance 
        claims.

SEC. 3. ESTABLISHMENT OF HOLOCAUST INSURANCE REGISTRY.

    The Secretary of the Treasury, Secretary of State, and Secretary of 
Commerce shall jointly establish and maintain a central registry 
containing records and information relating to insurance policies of 
victims, living and deceased, of the Holocaust. The registry shall be 
known as the Holocaust Insurance Registry and shall be accessible to 
the public.

SEC. 4. FULL DISCLOSURE BY INSURANCE FIRMS.

    Any insurer currently doing business in the United States that sold 
life, property, liability, health, annuity, dowry, educational, or 
casualty insurance policies, directly or through a related company, to 
persons in Europe, which were in effect between 1920 and 1945, whether 
the sale occurred before or after the insurer and the related company 
became related, shall, within 180 days following the date of the 
enactment of this Act, file or cause to be filed the following 
information with the Departments of the Treasury, State, or Commerce to 
be entered into the Holocaust Insurance Registry:
            (1) The number of such insurance policies.
            (2) The holder, beneficiary, and current status of such 
        policies.
            (3) A comparison of the names of holders and beneficiaries 
        of such policies and the names of the victims of the Holocaust.
The names of victims of the Holocaust shall be provided by the 
Department of State and may additionally be obtained from the Yad 
Vashem repository in Israel.

SEC. 5. CERTIFICATION BY INSURANCE COMPANIES.

    Each insurer subject to section 4 shall certify under penalty of 
perjury to any of the following:
            (1) The proceeds of the policies described in section 4 
        have been paid to the designated beneficiaries or their heirs 
        where that person or persons, after diligent search, could be 
        located and identified.
            (2) The proceeds of the policies where the beneficiaries or 
        heirs could not, after diligent search, be located or 
        identified, have been distributed to Holocaust survivors or to 
        qualified charitable nonprofit organizations for the purpose of 
        assisting Holocaust survivors.
            (3) A court of law has certified in a legal proceeding 
        resolving the rights of unpaid policyholders, their heirs, and 
        beneficiaries, a plan for the distribution of the proceeds.
            (4) The proceeds have not been distributed and the amount 
        of those proceeds.
An insurer currently doing business in the United States that did not 
sell any insurance policies in Europe prior to 1945, shall not be 
subject to this section if a related company, whether or not authorized 
and currently doing business in the United States, has made a filing 
under this section.

SEC. 6. PENALTIES FOR FAILURE TO DISCLOSE INFORMATION.

    (a) In General.--Any insurer that knowingly files information 
required by this Act that is false shall be liable for a civil penalty 
not to exceed $5,000 for each violation, which penalty is hereby 
appropriated to the Departments of Treasury, State, and Commerce to be 
used to aid in the resolution of Holocaust insurance claims.
    (b) Suspension.--Any insurance company that fails to comply with 
the requirements of this Act by the 210th day after the date of the 
enactment of this Act, shall be suspended from practicing in the 
insurance business until the time that the insurer complies with this 
Act.
    (c) Regulation.--The Secretary of the Treasury, Secretary of State, 
and Secretary of Commerce shall jointly adopt regulations to implement 
this Act.

SEC. 7. SENSE OF CONGRESS.

    It is the sense of Congress that outstanding claims under insurance 
policies held by Holocaust victims and survivors be resolved at the 
earliest possible time.

SEC. 8. DEFINITIONS.

    For purposes of this Act:
            (1) The term ``Holocaust victim'' means any person who was 
        persecuted during the period of 1929 to 1945, inclusive, by 
        Nazi Germany, its allies, or sympathizers.
            (2) The term ``related company'' means any parent, 
        subsidiary, reinsurer, successor in interest, managing general 
        agent, or affiliate company of the insurer.
            (3) The term ``proceeds'' means the face value or other 
        payout value of insurance policies and annuities plus 
        reasonable interest to date of payment without diminution for 
        wartime or immediate postwar currency devaluation.
Example Output: Holocaust Victim Insurance Relief Act of 1998 - Directs the Secretary of the Treasury, the Secretary of State, and the Secretary of Commerce jointly to establish a central public registry containing records and information relating to insurance policies of living and deceased victims of the Holocaust, to be known as the Holocaust Insurance Registry. 
Requires any insurer currently doing business in the United States that sold life, property, liability, health, annuity, dowry, educational, or casualty insurance policies, directly or through a related company, to persons in Europe, which were in effect between 1920 and 1945, to file with the Departments of the Treasury, State, or Commerce for entry into the Registry:  (1) the number of such insurance policies; (2) the holder, beneficiary, and current status of such policies; and (3) a comparison of the names of holders and beneficiaries of such policies and the names of Holocaust victims. 
Requires each such insurer to certify under penalty of perjury to any of the following:  (1) the proceeds of the policies have been paid to the designated beneficiaries or their heirs where that person or persons could be located and identified; (2) the proceeds of the policies, where the beneficiaries or heirs could not be located or identified, have been distributed to Holocaust survivors or to qualified charitable nonprofit organizations for the purpose of assisting Holocaust survivors; (3) a court of law has certified in a legal proceeding resolving the rights of unpaid policyholders, their heirs, and beneficiaries, a plan for the distribution of the proceeds; or (4) the proceeds have not been distributed and the amounts of those proceeds.  Exempts from such filing requirement any insurer currently doing business in the United States that did not sell any insurance policies in Europe before 1945, if a related company, whether or not authorized and currently doing business in the United States, has made such a filing. 
Makes any insurer that knowingly files false information liable for a civil penalty not to exceed $5,000 for each violation, which penalty is appropriated to the Departments of the Treasury, State, and Commerce to be used to aid in the resolution of Holocaust insurance claims.  Declares that any insurance company that fails to comply with the requirements of this Act shall be suspended from practicing in the insurance business until the time that the insurer complies. 
Expresses the sense of the Congress that outstanding claims under insurance policies held by Holocaust victims and survivors be resolved at the earliest possible time.

Example Input: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Standard Merger and Acquisition 
Reviews Through Equal Rules Act of 2014''.

SEC. 2. AMENDMENTS TO THE CLAYTON ACT.

    The Clayton Act (15 U.S.C. 12 et seq.) is amended--
            (1) in section 4F--
                    (A) in the heading by inserting ``or the federal 
                trade commission'' after ``united states'',
                    (B) in subsection (a)--
                            (i) by inserting ``(or the Federal Trade 
                        Commission with respect to a violation of 
                        section 7)'' after ``United States'', and
                            (ii) by inserting ``(or it)'' after ``he'' 
                        each place it appears, and
                    (C) in subsection (b) by inserting ``(or the 
                Federal Trade Commission with respect to a violation of 
                section 7)'' after ``United States'',
            (2) in section 5--
                    (A) in subsection (a) by inserting ``(including a 
                proceeding brought by the Federal Trade Commission with 
                respect to a violation of section 7)'' after ``United 
                States'',
                    (B) in subsection (b) by inserting ``(including the 
                Federal Trade Commission with respect to a violation of 
                section 7)'' after ``United States'' each place it 
                appears,
                    (C) in subsection (c) by inserting ``(including the 
                Federal Trade Commission with respect to a violation of 
                section 7)'' after ``United States'' each place it 
                appears,
                    (D) in subsection (d) by inserting ``(including the 
                Federal Trade Commission with respect to a violation of 
                section 7)'' after ``United States'' each place it 
                appears,
                    (E) in subsection (e)(1) by inserting ``(including 
                the Federal Trade Commission with respect to a 
                violation of section 7)'' after ``United States'',
                    (F) in subsection (f)(4) by inserting ``(including 
                the Federal Trade Commission with respect to a 
                violation of section 7)'' after ``United States'',
                    (G) in subsection (g)--
                            (i) by inserting ``(including the Federal 
                        Trade Commission with respect to a violation of 
                        section 7)'' after ``United States'',
                            (ii) by inserting ``(or the Federal Trade 
                        Commission)'' after ``General'', and
                            (iii) by inserting ``(or any officer or 
                        employee of the Federal Trade Commission)'' 
                        after ``Justice'', and
                    (H) in subsection (i) by inserting ``(including the 
                Federal Trade Commission with respect to a violation of 
                section 7)'' after ``United States'',
            (3) in section 11(a) by inserting ``(excluding enforcing 
        compliance with section 7)'' after ``commerce'',
            (4) in section 13 by inserting ``(including the Federal 
        Trade Commission with respect to a violation of section 7)'' 
        after ``United States'' the 1st place it appears, and
            (5) in section 15 by inserting ``and the duty of the 
        Federal Trade Commission with respect to a violation of section 
        7,'' after ``General,''.

SEC. 3. AMENDMENTS TO THE FEDERAL TRADE COMMISSION ACT.

    The Federal Trade Commission Act (15 U.S.C. 41) is amended--
            (1) in section 5(b)--
                    (A) by inserting ``(excluding the consummation of a 
                proposed merger, acquisition, joint venture, or similar 
                transaction subject to section 7 of the Clayton Act)'' 
                after ``unfair method of competition'', and
                    (B) by inserting ``(excluding the consummation of a 
                proposed merger, acquisition, joint venture, or similar 
                transaction subject to section 7 of the Clayton Act)'' 
                after ``method of competition'' the 2d and 3d places it 
                appears,
            (2) in section 9 by inserting after the 4th undesignated 
        paragraph the following:
    ``Upon the application of the commission with respect to any 
activity related to the consummation of a proposed merger, acquisition, 
joint venture, or similar transaction subject to section 7 of the 
Clayton Act that may result in any unfair method of competition, the 
district courts of the United States shall have jurisdiction to issue 
writs of mandamus commanding any person or corporation to comply with 
the provisions of this Act or any order of the commission made in 
pursuance thereof.'', and
            (3) in section 13(b)(1) by inserting ``(excluding section 7 
        of the Clayton Act and section 5(a)(1) with respect to the 
        consummation of a proposed merger, acquisition, joint venture, 
        or similar transaction subject to section 7 of the Clayton 
        Act)'' after ``Commission''.

SEC. 4. EFFECTIVE DATE; APPLICATION OF AMENDMENTS.

    (a) Effective Date.--Except as provided in subsection (b), this Act 
and the amendments made by this Act shall take effect on the date of 
the enactment of this Act.
    (b) Application of Amendments.--The amendments made by this Act 
shall not apply to any of the following that occurs before the date of 
enactment of this Act:
            (1) A violation of section 7 of the Clayton Act (15 U.S.C. 
        18).
            (2) A transaction with respect to which there is compliance 
        with section 7A of the Clayton Act (15 U.S.C. 18a).
            (3) A merger, acquisition, joint venture, or similar 
        transaction that is consummated.
Example Output:
.  Standard Merger and Acquisition Reviews Through Equal Rules Act of 2014 - Amends the Clayton Act with respect to actions brought by the Attorney General for violations of antitrust laws. Requires the Federal Trade Commission (FTC), but only under the Clayton Act, to exercise the same authority and procedures of the Attorney General specified in the Act with respect to the prohibition against acquisition by one corporation of the stock of another (merger) that may substantially lessen competition or tend to create a monopoly. Amends the Federal Trade Commission Act (FTCA) to exclude proposed mergers, acquisitions, joint ventures, or similar transactions from FTC proceedings. Grants jurisdiction to the U.S. district courts to issue writs of mandamus commanding compliance with the FTCA or any FTC order, if the FTC applies to such courts with respect to any activity related to consummation of a merger, acquisition, joint venture, or similar transaction that results in an unfair method of competition.