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 Input:
SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Fair Disbursement of Offshore Oil 
Revenue Act of 2001''.

SEC. 2. FINDINGS.

    The Congress finds that--
            (1) the demand for energy in the United States is 
        increasing and will continue to increase for the foreseeable 
        future;
            (2) domestic production of oil and gas is declining;
            (3) the United States continues to be overly dependent on 
        foreign sources of oil and gas;
            (4) the Outer Continental Shelf contains significant 
        quantities of oil and gas that should be developed to meet 
        United States energy needs while safeguarding important 
        environmental values;
            (5) the exploration, development, and production of Outer 
        Continental Shelf resources, and the siting of related energy 
        facilities, may impact various State and local governments; and
            (6) coastal States and counties should be provided with a 
        share of the revenues derived from Outer Continental Shelf oil 
        and gas leasing, exploration, development, and production 
        activities.

SEC. 3. DEFINITIONS.

    For purposes of this Act--
            (1) the term ``coastal State'' means any State of the 
        United States bordering on the Atlantic Ocean, the Pacific 
        Ocean, the Arctic Ocean, or the Gulf of Mexico;
            (2) the term ``coastal county'' means a unit of general 
        government immediately below the level of State government, as 
        determined by the Secretary under section 6, with jurisdiction 
        over lands along the coast line;
            (3) the term ``coast line'' has the meaning given such term 
        under the Submerged Lands Act (43 U.S.C. 1301 et seq.);
            (4) the term ``Outer Continental Shelf'' has the meaning 
        given the term ``outer Continental Shelf'' under the Outer 
        Continental Shelf Lands Act (43 U.S.C. 1331 et seq.);
            (5) the term ``Secretary'' means the Secretary of the 
        Interior; and
            (6) the term ``revenues'' means all bonuses, rents, 
        royalties, and other moneys collected under the Outer 
        Continental Shelf Lands Act (43 U.S.C. 1331 et seq.), and 
        interest thereon.

SEC. 4. COASTAL COMMUNITIES OUTER CONTINENTAL SHELF RECEIPT FUND.

    (a) Establishment.--There is established an interest bearing 
account in the Treasury of the United States to be known as the Coastal 
Communities Outer Continental Shelf Receipt Fund (hereafter in this Act 
referred to as ``the Fund'').
    (b) Payments to Fund.--Beginning in fiscal year 2002, the Secretary 
shall pay into the Fund all revenues described in subsection (c) that 
are attributable to an Outer Continental Shelf lease, any part of which 
is within 200 geographical miles of the coast line. The Secretary may 
adjust amounts in the Fund at any time to account for overpayments, 
underpayments, and errors.
    (c) New Revenues.--Subsection (b) shall apply only to--
            (1) bonus revenues under a lease if no bonus revenues have 
        been received by the Secretary under that lease before January 
        1, 2001;
            (2) rent revenues under a lease if no rent revenues have 
        been received by the Secretary under that lease before January 
        1, 2001;
            (3) royalty revenues under a lease if no royalty revenues 
        have been received by the Secretary under that lease before 
        January 1, 2001; and
            (4) other revenues under a lease if the lease was issued on 
        or after January 1, 2001.

SEC. 5. DISPOSITION OF FUND.

    (a) State Share.--(1) Six months after the end of fiscal year 2002, 
and annually thereafter, the Secretary shall pay from the Fund to each 
coastal State one-half of such revenues paid into the Fund with respect 
to the fiscal year most recently completed, and any interest earned 
thereon, as may be attributable to that State.
    (2) In order to determine to which State revenues are attributable 
for purposes of this Act, the Secretary shall delimit the lateral 
boundaries between the coastal States to a point 200 geographic miles 
seaward of the coast line. Such boundaries shall be set according to 
the following principles, listed in order of the priority of their 
application:
            (A) Any judicial decrees or interstate compacts delimiting 
        lateral offshore boundaries between coastal States.
            (B) Principles of domestic and international law governing 
        the delimitation of lateral offshore boundaries.
            (C) The desirability of following existing lease boundaries 
        and block lines on the Secretary's official protraction 
        diagrams.
    (3) Each coastal State, before receiving funds under this 
subsection, shall annually enact the necessary legislation to provide 
any State permits required for onshore facilities needed to support 
offshore oil or gas development or production in the area adjacent to 
that coastal State. If a State fails to enact such legislation, the 
funds attributable to that State shall not be disbursed, and the 
Secretary shall take into consideration that failure before offering 
any additional leases for sale in the offshore area adjacent to that 
State.
    (b) Coastal County Share.--(1) At the same time that the Secretary 
pays revenues to coastal States under subsection (a), the Secretary 
shall pay to coastal counties within that State the remaining one-half 
of the revenues, and any interest earned on those revenues, in the Fund 
for that fiscal year attributable to that State.
    (2) In order to determine to which coastal county revenues are 
attributable for purposes of this Act, the Secretary shall delimit the 
lateral boundaries between the coastal counties to a point 200 
geographic miles seaward of the coast line. Such boundaries shall be 
set according to the following principles, listed in order of the 
priority of their application:
            (A) Existing boundaries between coastal counties with valid 
        supporting legal authority.
            (B) The desirability of following existing lease boundaries 
        and block lines on the Secretary's official protraction 
        diagrams.
            (C) The principle that, to the extent consistent with 
        subparagraphs (A) and (B), the size of the coastal county's 
        adjacent offshore area, as a percentage of all of that State's 
        adjacent offshore areas, shall be based on a formula giving 
        equal weight to--
                    (i) the coastal county's coast line as a percentage 
                of the State's coast line, calculated using the same 
                large-scale charts of the National Ocean Service that 
                are used to delimit the territorial sea under 
                international law; and
                    (ii) the coastal county's population as a 
                percentage of the population of all coastal counties in 
                the State, calculated by the Secretary using the best 
                available national census data.
    (3) Each coastal county, before receiving funds under this 
subsection, shall annually enact by county statute or ordinance the 
necessary legislation to provide the local permits required for onshore 
facilities needed to support offshore oil or gas development or 
production in the area adjacent to that coastal county, and the 
necessary legislation to expend such funds. If a county fails to enact 
such legislation, the funds attributable to that county shall not be 
disbursed, and the Secretary shall take into consideration that failure 
before offering any additional leases for sale in the offshore area 
adjacent to that county.
    (c) Use of Funds by States.--Each coastal State shall use funds 
received pursuant to subsection (a)--
            (1) to pay for the administrative costs the State incurs in 
        the leasing and permitting process as specified in the Outer 
        Continental Shelf Lands Act;
            (2) for such environmental and natural resource projects as 
        the State determines; or
            (3) for such educational projects as the State determines.
    (d) County Distribution of Funds.--Each coastal county shall 
develop a formula to allocate at least two-thirds of the funds received 
pursuant to subsection (b) to local communities within its jurisdiction 
based on the proximity of these communities to the coast, except that 
funds shall be withheld from communities that the Secretary determines 
have failed to issue permits required for onshore facilities needed to 
support offshore oil or gas development or production in the area 
adjacent to that coastal county.

SEC. 6. DESIGNATION OF COASTAL COUNTIES.

    For the purposes of this Act, the Secretary, after consultation 
with the Governor of each coastal State, shall determine which 
counties, parishes, boroughs, tribal governments, or other units of 
general government immediately below the level of State government 
shall be designated as coastal counties.

SEC. 7. LIMITATIONS ON APPLICABILITY OF BOUNDARIES.

    The boundaries and areas delimited under section 5 are solely for 
the purposes of this Act.

Ex Output:
Fair Disbursement of Offshore Oil Revenue Act of 2001 - Establishes in the Treasury the Coastal Communities Outer Continental Shelf Receipt Fund.Instructs the Secretary of the Interior to: (1) pay into the Fund certain revenues attributable to an Outer Continental Shelf lease, any part of which is within 200 geographical miles of the coast line; and (2) pay annually from the Fund to each coastal State one-half, and its coastal counties the other half, of such revenues as may be attributable to that State.Conditions receipt of such funds upon annual enactment by the affected coastal State and related coastal county of the legislation necessary to provide any permits required for onshore facilities needed to support offshore oil or gas development or production in the pertinent area.Prohibits disbursement of funds to a coastal State or county that fails to enact such legislation. Requires the Secretary to take such failure into consideration before offering additional leases for sale in the offshore area adjacent to such jurisdiction.Requires each State to use such funds for leasing and permitting administrative costs, and for environmental, natural resource, and educational projects.


Ex Input:
SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Tuition Assistance for Families 
Act''.

SEC. 2. EXPANSION OF TUITION TAX DEDUCTION.

    (a) In General.--Subparagraphs (A) and (B) of section 222(b)(2) of 
the Internal Revenue Code of 1986 (relating to dollar limitation) are 
amended to read as follows:
                    ``(A) In general.--The applicable dollar limit 
                shall be equal to--
                            ``(i) in the case of a taxpayer whose 
                        adjusted gross income for the taxable year does 
                        not exceed $65,000 ($130,000 in the case of a 
                        joint return), $12,000,
                            ``(ii) with respect to any taxable year 
                        beginning in 2004 or 2005, in the case of a 
                        taxpayer not described in clause (i) whose 
                        adjusted gross income for the taxable year does 
                        not exceed $80,000 ($160,000 in the case of a 
                        joint return), $2,000, and
                            ``(iii) in the case of any other taxpayer, 
                        zero.
                    ``(B) Inflation adjustment.--
                            ``(i) In general.--In the case of any 
                        taxable year beginning after 2003, each dollar 
                        amount referred to in subparagraph (A)(i) shall 
                        be increased by an amount equal to--
                                    ``(I) such dollar amount, 
                                multiplied by
                                    ``(II) the cost-of-living 
                                adjustment determined under section 
                                (1)(f)(3) for the calendar year in 
                                which the taxable year begins, by 
                                substituting `2002' for `1992'.
                            ``(ii) Rounding.--If any amount as adjusted 
                        under clause (i) is not a multiple of $100, 
                        such amount shall be rounded to the next lowest 
                        multiple of $100.''.
    (b) Permanent Deduction.--Section 222 of the Internal Revenue Code 
of 1986 (relating to qualified tuition and related expenses) is amended 
by striking subsection (e).
    (c) Effective Date.--The amendments made by this section shall 
apply to payments made in taxable years beginning after December 31, 
2002.

SEC. 3. EXPANSION OF LIFETIME LEARNING CREDIT.

    (a) In General.--Section 25A(c)(1) of the Internal Revenue Code of 
1986 (relating to per taxpayer credit) is amended--
            (1) by striking ``20 percent'' and inserting ``25 
        percent'', and
            (2) by striking ``$10,000 ($5,000 in the case of taxable 
        years beginning before January 1, 2003)'' and inserting 
        ``$12,000''.
    (b) Inflation Adjustment.--Section 25A(h) of the Internal Revenue 
Code of 1986 (relating to inflation adjustments) is amended by adding 
at the end the following new paragraph:
            ``(3) Dollar limitation on amount of lifetime learning 
        credit.--
                    ``(A) In general.--In the case of any taxable year 
                beginning after 2003, the dollar amount referred to in 
                subsection (c)(1) shall be increased by an amount equal 
                to--
                            ``(i) such dollar amount, multiplied by
                            ``(ii) the cost-of-living adjustment 
                        determined under section (1)(f)(3) for the 
                        calendar year in which the taxable year begins, 
                        by substituting `2002' for `1992'.
                    ``(B) Rounding.--If any amount as adjusted under 
                subparagraph (A) is not a multiple of $100, such amount 
                shall be rounded to the next lowest multiple of 
                $100.''.
    (c) Effective Date.--The amendments made by this section shall 
apply to payments made in taxable years beginning after December 31, 
2002.

SEC. 4. INCREASE IN INCOME LIMITS FOR HOPE AND LIFETIME LEARNING 
              CREDITS.

    (a) In General.--Section 25A(d)(2)(A)(ii) of the Internal Revenue 
Code of 1986 (relating to limitation based on modified adjusted gross 
income) is amended by striking ``$40,000 ($80,000'' and inserting 
``$55,000 ($110,000''.
    (b) Conforming Amendments.--Section 25A(h)(2)(A) of the Internal 
Revenue Code of 1986 is amended--
            (1) by striking ``2001'' in the matter preceding clause (i) 
        and inserting ``2003'',
            (2) by striking ``the $40,000 and $80,000 amounts'' in such 
        matter and inserting ``the $55,000 and $110,000 amounts'', and
            (3) by striking ``2000'' in clause (ii) and inserting 
        ``2002''.
    (c) Effective Date.--The amendments made by this section shall 
apply to payments made in taxable years beginning after December 31, 
2002.

SEC. 5. MAXIMUM PELL GRANT AWARDS.

    The Department of Education Appropriations Act, 2002 (Public Law 
107-116) is amended under the heading ``Student Financial Assistance'' 
by striking ``$4,000'' and inserting ``$4,500''.

SEC. 6. ACADEMIC ACHIEVEMENT SCHOLARSHIPS.

    (a) Scholarships.--The Secretary of Education is authorized to 
award a scholarship for academic year 2003-2004 and succeeding academic 
years to each student in a State who graduated in the top 5 percent of 
such student's graduating class from secondary school in academic year 
2002-2003 or a succeeding academic year to enable such student to pay 
the cost of attendance at an institution of higher education.
    (b) Amount.--Each scholarship awarded under this section shall be 
in the amount of $1,000.
    (c) Use.--Each student awarded a scholarship under this section 
shall use the funds to pay the cost of attendance at an institution of 
higher education.
    (d) Construction of Needs Provision.--
            (1) In general.--Except as provided in paragraph (2), 
        nothing in this section, or any other Act, shall be construed 
        to permit the receipt of a scholarship under this section to be 
        counted for any needs test in connection with the awarding of 
        any grant or the making of any loan under the Higher Education 
        Act of 1965 (20 U.S.C. 1001 et seq.) or any other provision of 
        Federal law relating to educational assistance.
            (2) Exception.--In determining the need of a student for 
        Federal financial assistance, an institution of higher 
        education may take into consideration the amount of scholarship 
        assistance received under this section if the total amount of 
        scholarship assistance received under this section plus the 
        amount of other financial assistance available to a student 
        exceeds the student's cost of attendance at the institution.
    (e) Regulations.--The Secretary of Education shall promulgate 
regulations regarding how scholarships awarded under this section will 
be allocated to both public and private school students.
    (f) Definitions.--In this section:
            (1) Cost of attendance.--The term `cost of attendance' has 
        the meaning given the term in section 472 of the Higher 
        Education Act of 1965 (20 U.S.C. 1087ll).
            (2) Institution of higher education.--The term `institution 
        of higher education' has the meaning given the term in section 
        101 of the Higher Education Act of 1965 (20 U.S.C. 1001).

Ex Output:
Tuition Assistance for Families Act - Amends the Internal Revenue Code to expand the tax deduction for qualified higher education tuition and related expenses. Sets such deduction at: (1) $12,000 for those with incomes up to $65,000 single or $130,000 joint; and (2) $2,000 for those whose incomes are above that level, but not more than $80,000 single or $160,000 joint. Provides inflation adjustment. Makes such tuition deduction permanent.Increases the amount of the Lifetime Learning tax credit percentage from 20 to 25 percent. Increases the amount of education expenses subject to such credit from $10,000 to $12,000 (thus making the maximum allowable credit $3,000, rather than the current $2,000). Provides inflation adjustment.Raises annual income limits for the Hope and Lifetime Learning tax credits to $55,000 single and $110,000 joint.Amends the Department of Education Appropriations Act, 2002 (Public Law 107-116) to increase the maximum Pell Grant award from $4,000 to $4,500.Establishes an academic achievement scholarship program. Authorizes the Secretary of Education to award a $1,000 college scholarship to each student in a State who graduates in the top five percent of his or her secondary school's graduating class.


Ex Input:
SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Protecting Educational Loans for 
Underserved Students Act''.

SEC. 2. ADVERSE CREDIT HISTORY DETERMINATIONS FOR FEDERAL DIRECT PLUS 
              LOAN ELIGIBILITY.

    Section 455 of the Higher Education Act of 1965 (20 U.S.C. 1087e) 
is amended by adding at the end the following:
    ``(r) Federal Direct PLUS Loans.--
            ``(1) In general.--Beginning July 1, 2014, in determining 
        the eligibility of a student to borrow Federal Direct PLUS 
        Loans, the Secretary shall determine whether the student has an 
        adverse credit history in accordance with paragraph (2).
            ``(2) Determination of adverse credit history.--In 
        determining whether a student has an adverse credit history for 
        purposes of paragraph (1), the Secretary--
                    ``(A) shall obtain a credit report on the student 
                from at least one consumer reporting agency described 
                under section 603(p) of the Fair Credit Reporting Act 
                (15 U.S.C. 1681a(p)) and within a timeframe that would 
                ensure the most accurate, current representation of the 
                student's credit history before the first day of the 
                period of enrollment for which the loan is intended;
                    ``(B) unless the Secretary determines that the 
                student has extenuating circumstances, shall consider 
                that a student has an adverse credit history based on 
                the student's credit report, if--
                            ``(i) the student is considered 90 or more 
                        days delinquent on the repayment of a debt 
                        exceeding $2,000; or
                            ``(ii) during the 3 years before the date 
                        of the credit report, the student has been the 
                        subject of a--
                                    ``(I) default determination;
                                    ``(II) bankruptcy discharge;
                                    ``(III) foreclosure;
                                    ``(IV) repossession;
                                    ``(V) tax lien;
                                    ``(VI) wage garnishment; or
                                    ``(VII) write-off of a debt under 
                                this title;
                    ``(C) shall not consider a student with debt that 
                is unrelated to loans made under this title and that, 
                as of the date of the student's credit report, are in 
                collections or have been charged off, to have an 
                adverse credit history and shall not deny a Federal 
                Direct PLUS Loan to the student for having such debt;
                    ``(D) shall require that any student described in 
                subparagraph (C) or a student who has been the subject 
                of 1 or more of the actions described in subclauses (I) 
                through (VII) of subparagraph (B)(ii) during a period 
                ending more than 3 years before the date of the 
                student's credit report, to participate in loan 
                counseling provided by the applicable institution of 
                higher education as a condition of being eligible to 
                receive a Federal Direct PLUS Loan;
                    ``(E) shall not consider a student with no credit 
                history as an individual with an adverse credit 
                history, and shall not use a student's absence of 
                credit history as a reason to deny a Federal Direct 
                PLUS Loan to such student;
                    ``(F) shall retain a record of the Secretary's 
                basis for determining that the student has extenuating 
                circumstances under subparagraph (B), which may include 
                an updated credit report, debt related to a medical 
                condition, a statement from a creditor that the student 
                has made satisfactory arrangements to repay the debt 
                owed to the creditor, a satisfactory statement from the 
                student explaining any delinquencies with outstanding 
                balances of less than $2,000, or a reduction of the 
                credit requirements under this subsection in response 
                to a natural disaster or poor economic conditions that 
                are unforeseen or prolonged; and
                    ``(G) in a case in which the Secretary determines 
                that a student does not to have an adverse credit 
                history in accordance with this subsection, shall 
                consider such determination to be in effect for a 2-
                year period beginning on the date the Secretary makes 
                such determination.
            ``(3) Definition.--For purposes of this subsection, the 
        term `student' means a graduate or professional student or the 
        parents of a dependent student.''.

SEC. 3. INAPPLICABILITY OF TITLE IV NEGOTIATED RULEMAKING REQUIREMENT 
              AND MASTER CALENDAR EXCEPTION.

    Sections 482(c) and 492 of the Higher Education Act of 1965 (20 
U.S.C. 1089(c), 1098a) shall not apply to the amendment made by section 
2, or to any regulations promulgated under such amendment.

Ex Output:

Protecting Educational Loans for Underserved Students Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to establish criteria for the Secretary of Education to use in determining whether the credit history of applicants for William D. Ford Federal Direct PLUS loans renders them ineligible for such loans. (Federal Direct PLUS loans are provided to graduate or professional degree students and the parents of dependent undergraduate students.) Directs the Secretary to consider an applicant to have an adverse credit history on the basis of his or her credit report, absent a determination that the applicant has extenuating circumstances, if : (1) the applicant is 90 or more days delinquent on the repayment of a debt exceeding $2,000; or (2) during the three years before the credit report date, the applicant has been subject to a default determination, bankruptcy discharge, foreclosure, repossession, tax lien, wage garnishment, or write-off of a title IV debt. Requires applicants that have been subject to such actions to participate in loan counseling provided by the applicable institution of higher education before becoming eligible for Federal Direct PLUS loans. Prohibits the Secretary from: (1) denying a Federal Direct PLUS loan to an applicant for having debt that is unrelated to title IV loans and is in collection or has been charged off, provided the applicant participates in such loan counseling; or (2) using the applicant's lack of a credit history as a reason to deny a Federal Direct PLUS loan to such applicant. Requires the Secretary to retain a record of the Secretary's basis for determining that an applicant has extenuating circumstances that make the applicant eligible for a Federal Direct PLUS loan despite having an adverse credit history. Makes the Secretary's determination that an applicant does not have an adverse credit history effective for the two years following such determination.