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

Q: TITLE I--OVERTIME RIGHTS PROTECTION

SEC. 101. CLARIFICATION OF REGULATIONS RELATING TO OVERTIME 
              COMPENSATION.

    Section 13 of the Fair Labor Standards Act of 1938 (29 U.S.C. 213) 
is amended by adding at the end the following:
    ``(k)(1) Notwithstanding the provisions of subchapter II of chapter 
5 and chapter 7 of title 5, United States Code (commonly referred to as 
the Administrative Procedures Act) or any other provision of law, any 
portion of the final rule promulgated on April 23, 2004, revising part 
541 of title 29, Code of Federal Regulations, that exempts from the 
overtime pay provision of section 7 of this Act any employee who would 
not otherwise be exempt if the regulations in effect on March 31, 2003, 
remained in effect, shall have no force or effect and that portion of 
such regulations (as in effect on March 31, 2003) that would prevent 
such employee from being exempt shall be reinstated.
    ``(2) The Secretary shall adjust the minimum salary level for 
exemption under section 13(a)(1) in the following manner:
            ``(A) Not later than 60 days after the date of enactment of 
        this subsection, the Secretary shall increase the minimum 
        salary level for exemption under subsection (a)(1) for 
        executive, administrative, and managerial occupations from the 
        level of $155 per week in 1975 to $591 per week (an amount 
        equal to the increase in the Employment Cost Index (published 
        by the Bureau of Labor Statistics) for executive, 
        administrative, and managerial occupations between 1975 and 
        2005).
            ``(B) Not later than December 31 of the calendar year 
        following the increase required in subparagraph (A), and each 
        December 31 thereafter, the Secretary shall increase the 
        minimum salary level for exemption under subsection (a)(1) by 
        an amount equal to the increase in the Employment Cost Index 
        for executive, administrative, and managerial occupations for 
        the year involved.''.

                      TITLE II--FAIR MINIMUM WAGE

SEC. 111. MINIMUM WAGE.

    (a) In General.--Section 6(a)(1) of the Fair Labor Standards Act of 
1938 (29 U.S.C. 206(a)(1)) is amended to read as follows:
            ``(1) except as otherwise provided in this section, not 
        less than--
                    ``(A) $5.85 an hour, beginning on the 60th day 
                after the date of enactment of this paragraph;
                    ``(B) $6.55 an hour, beginning 12 months after that 
                60th day; and
                    ``(C) $7.25 an hour, beginning 24 months after that 
                60th day;''.
    (b) Effective Date.--The amendment made by subsection (a) shall 
take effect 60 days after the date of enactment of this Act.

  TITLE III--SENSE OF THE SENATE REGARDING MULTIEMPLOYER PENSION PLANS

SEC. 121. SENSE OF THE SENATE REGARDING MULTIEMPLOYER PENSION PLANS.

    (a) Findings.--The Senate makes the following findings:
            (1) Multiemployer pension plans have been a major force in 
        the delivery of employee benefits to active and retired 
        American workers and their dependents for over half a century.
            (2) There are approximately 1,700 multiemployer defined 
        benefit pension plans in which approximately 9,700,000 workers 
        and retirees participate.
            (3) Three-quarters of the approximately 60,000 to 65,000 
        employers that participate in multiemployer plans have fewer 
        that 100 employees.
            (4) Multiemployer plans allow for greater access and 
        affordability for smaller employers and pension portability for 
        their employees as they move from one job to another, and 
        permit workers to earn a pension where they might otherwise not 
        be able to do so.
            (5) The 2000-2002 drop in the stock market and decline in 
        equity values has affected all investors, including 
        multiemployer plans.
            (6) The decline in value sustained by multiemployer defined 
        benefit pension plans have threatened the stability of this 
        private sector source of secure retirement income.
            (7) Participating employers could face onerous excise taxes 
        and other penalties as a result of the serious, adverse 
        financial impact due to these market losses.
            (8) In 2004, the United States Senate recognized the 
        severity of this situation and passed by an overwhelmingly, 
        large bipartisan margin of 86 to 9 temporary relief provisions 
        for single and multiemployer defined benefit pension plans.
    (b) Sense of the Senate.--It is the sense of the Senate that the 
Senate--
            (1) expresses its strong support for multiemployer defined 
        benefit pension plans;
            (2) recognizes the importance of an environment in which 
        multiemployer plans can continue their vital role in providing 
        benefits to working men and women;
            (3) recognizes that multiemployer pension plan relief must 
        be designed for the multiemployer labor-relations environment 
        that supports the plans; and
            (4) supports legislation to strengthen and protect the 
        viability of multiemployer pension plans for the continued 
        benefit of current and retired members, and their families and 
        survivors, and to strengthen the ability of all plans to 
        address funding problems that occur.

A: Amends the Fair Labor Standards Act of 1938 (FLSA) to deny any force or effect to any portion of a rule promulgated on April 23, 2004, that has the effect of exempting from FLSA overtime compensation requirements (which limit maximum hours at regular compensation) any employee who would not otherwise be exempted if regulations in effect on March 31, 2003, remained in effect. Reinstates that portion of such regulations that would prevent such an employee from being exempt. Directs the Secretary of Labor to increase, in a specified manner, the minimum salary level for the exemption for executive, administrative, and managerial occupations from FLSA overtime compensation requirements.

Amends the FLSA to increase the Federal minimum wage to: (1) $5.85 an hour, beginning on the 60th day after enactment of this Act; (2) $6.55 an hour, beginning 12 months after that 60th day; and (3) $7.25 an hour, beginning 24 months after that 60th day.

Expresses the sense of the Senate regarding multiemployer pension plans.
****
Q: SECTION 1. SHORT TITLE; AMENDMENT REFERENCES.

    (a) Short Title.--This Act may be cited as the ``National Fish and 
Wildlife Foundation Establishment Act Amendments of 1998''.
    (b) Amendment of National Fish and Wildlife Foundation 
Establishment Act.--Except as otherwise expressly provided, whenever in 
this Act an amendment or repeal is expressed in terms of an amendment 
to, or repeal of, a section or other provision, the reference shall be 
considered to be made to a section or other provision of the National 
Fish and Wildlife Foundation Establishment Act (16 U.S.C. 3701 et 
seq.).

SEC. 2. MEMBERSHIP OF BOARD OF DIRECTORS OF THE FOUNDATION.

    (a) Amendments.--Section 3 (16 U.S.C. 3702) is amended--
            (1) in subsection (a)--
                    (A) in the matter preceding paragraph (1), by 
                striking ``15'' and inserting ``22'';
                    (B) in paragraph (1), by striking ``six'' and 
                inserting ``4'', and by striking ``and'' after the 
                semicolon at the end;
                    (C) in paragraph (2) by striking the period at the 
                end and inserting ``; and'';
                    (D) by inserting after paragraph (2) the following:
            ``(3) 4 of whom must be knowledgeable and experienced in 
        ocean and coastal resource conservation.''; and
                    (E) in the material following paragraph (3) (as so 
                added), by striking ``shall be'' and inserting ``and 
                the Under Secretary of Commerce for Oceans and 
                Atmosphere shall each be''; and
            (2) by amending subsection (b) to read as follows:
    ``(b) Appointment and Terms.--
            ``(1) In general.--The Secretary of the Interior (in this 
        Act referred to as the `Secretary') shall appoint the Directors 
        of the Board, after considering recommendations from the Board 
        under paragraph (4). The Secretary of the Interior shall 
        consult with the Under Secretary of Commerce for Oceans and 
        Atmosphere before appointing any Director of the Board.
            ``(2) Terms.--The Directors shall be appointed for terms of 
        6 years; except that the Secretary, in making the initial 
        appointments to the Board, shall appoint 3 Directors to a term 
        of 2 years, 2 Directors to a term of 4 years, and 2 Directors 
        to a term of 6 years. No individual may serve more than 2 
        consecutive full terms as a Director.
            ``(3) Vacancies.--A vacancy on the Board shall be filled 
        within 60 days after the occurrence of the vacancy. Any 
        individual appointed to fill a vacancy occurring prior to the 
        expiration of any term of office shall be appointed for the 
        remainder of that term.
            ``(4) Nomination of appointees.--The Board may recommend to 
        the Secretary individuals to be appointed as Directors of the 
        Board.''.
    (b) Application.--The amendments made by subsection (a) shall apply 
to any appointment of a Director of the Board of the National Fish and 
Wildlife Foundation on or after the date of the enactment of this Act.
    (c) Appointment of Additional Members.--
            (1) Nominations.--The Board of Directors on the National 
        Fish and Wildlife Foundation shall submit any recommendations 
        of individuals for appointment to positions on the Board 
        created by the amendment made by subsection (a)(1) by not later 
        than 60 days after the date of the enactment of this Act.
            (2) Staggered terms.--Of the Directors on the Board of 
        Directors of the National Fish and Wildlife Foundation first 
        appointed pursuant to the amendment made by subsection (a)(1)--
                    (A) 3 shall be appointed to a term that expires 
                December 31, 1999;
                    (B) 2 shall be appointed to a term that expires 
                December 31, 2001; and
                    (C) 2 shall be appointed to a term that expires 
                December 31, 2003,
        as specified by the Secretary of the Interior at the time of 
        appointment.

SEC. 3. RIGHTS AND OBLIGATIONS OF THE FOUNDATION.

    (a) Investment and Deposit of Federal Funds.--Section 4(c) (16 
U.S.C. 3703(c)) is amended--
            (1) by redesignating paragraphs (3) through (7) in order as 
        paragraphs (8) through (12); and
            (2) by inserting after paragraph (2) the following:
            ``(3) to invest any funds provided to the Foundation by the 
        Federal Government in obligations of the United States or in 
        obligations or securities that are guaranteed or insured by the 
        United States;
            ``(4) to deposit any funds provided to the Foundation by 
        the Federal Government into accounts that are insured by an 
        agency or instrumentality of the United States;
            ``(5) to make use of any interest or investment income that 
        accrues as a consequence of actions taken under paragraph (3) 
        or (4) to carry out the purposes of the Foundation;
            ``(6) to provide Federal funds for the purpose of entering 
        into cooperative agreements with willing private landowners for 
        restoration and enhancement of fish, wildlife, and other 
        natural resources on public or private land, or both, if such 
        cooperative agreements--
                    ``(A) provide general conservation benefits; or
                    ``(B) benefit fish, wildlife, or other natural 
                resources on public land;
            ``(7) to accept and manage funds provided by any Federal 
        agency under any other law when it is in the public 
        interest;''.
    (b) Agency Approval of Acquisitions of Property.--Section 4(e) (16 
U.S.C. 3703(e)) is amended--
            (1) by amending paragraph (1)(B) to read as follows:
            ``(B) the Foundation notifies the Federal agency that 
        administers the program under which the funds were provided of 
        the proposed acquisition, and the agency fails to object in 
        writing to the proposed acquisition within 60 days after the 
        date of that notification.''; and
            (2) in paragraph (2), by striking ``the Director'' and 
        inserting ``the head of the Federal agency that administers the 
        program under which the funds were provided''.
    (c) Repeal.--Section 304 of Public Law 102-440 (16 U.S.C. 3703 
note) is repealed.
    (d) Agency Approval of Conveyances and Grants.--Section 
4(e)(3)(B)(ii) (16 U.S.C. 3703(e)(3)(B)(ii)) is amended to read as 
follows:
            ``(ii) the Foundation notifies the Federal agency that 
        administers the Federal program under which the funds were 
        provided of the proposed conveyance or provision of Federal 
        funds, and the head of the agency fails to object in writing to 
        such proposed conveyance or provision of Federal funds within 
        60 days after the date of that notification.''.
    (e) Reconveyance of Real Property.--Section 4(e)(5) (16 U.S.C. 
3703(e)(5)) is amended to read as follows:
    ``(5) The Foundation shall convey at not less than fair market 
value any real property acquired by it in whole or in part with Federal 
funds if the Foundation notifies the Federal agency that administers 
the Federal program under which the funds were provided, and the agency 
fails to disagree within 60 days after the date of that notification, 
that--
            ``(A) the property is no longer valuable for the purposes 
        of fish and wildlife conservation or management; and
            ``(B) the purposes of the Foundation would be better served 
        by the use of the proceeds of the conveyance for authorized 
        activities of the Foundation.''.
    (f) Termination of Condemnation Limitation; Expenditures for 
Printing or Capital Equipment.--Section 4(d) (16 U.S.C. 3703(d)) is 
amended to read as follows:
    ``(d) Expenditures for Printing or Capital Equipment.--The 
Foundation may not make an expenditure of Federal funds for printing or 
capital equipment that is greater than $10,000 unless the expenditure 
is approved by the Federal agency that administers the Federal program 
under which the funds were provided.''.

SEC. 4. MATCHING REQUIREMENT.

    Section 10(b)(1) (16 U.S.C. 3709(b)(1)) is amended by striking 
``matching, in whole or in part,'' and inserting ``matching, on a one-
to-one basis,''.

SEC. 5. RESTRICTIONS ON USE OF GRANTS PROVIDED BY FOUNDATION.

    Section 10(b) (16 U.S.C. 3709(b)) is amended by adding at the end 
the following:
    ``(3)(A) Amounts provided as a grant by the Foundation shall not be 
used for--
            ``(i) expenses related to litigation; or
            ``(ii) any activity the purpose of which is to influence 
        legislation pending before the Congress.
    ``(B) Subparagraph (A)(ii) shall not be considered to prohibit 
officers or employees of the Foundation from communicating to Members 
or staff of Congress requests for legislation that they consider 
necessary for the efficient conduct of the business of the Foundation 
or that relates to the authority of the Foundation, appropriations for 
use by the Foundation, or use of Federal funds by the Foundation.
    ``(4) Amounts provided as a grant by the Foundation shall not be 
used for any activity related to the introduction of wolves or grizzly 
bears in Idaho, Montana, Utah, or Wyoming.''.

SEC. 6. AUTHORIZATION OF APPROPRIATIONS.

    (a) In General.--Section 10(a) (16 U.S.C. 3709(a)) is amended to 
read as follows:
    ``(a) Authorization.--There are authorized to be appropriated to 
the Secretary of the Interior and the Secretary of Commerce, in the 
aggregate, $25,000,000 for fiscal year 1999.''.
    (b) Repeal.--Section 10(c) (16 U.S.C. 3709(c)) is repealed.

A: National Fish and Wildlife Foundation Establishment Act Amendments of 1998 - Amends the National Fish and Wildlife Foundation Establishment Act to increase the number of members of the National Fish and Wildlife Foundation's Board of Directors.  Provides for four directors experienced in ocean and coastal resources conservation and adds the Under Secretary for Commerce for Oceans and Atmosphere as a nonvoting member. 
Expands Foundation powers to include the right to:  (1) invest and deposit Federal funds; and (2) provide Federal funds to enter into agreements with private landowners for fish, wildlife, and natural resource restoration and enhancement on public and private lands. 
Revises certain limitations on the use of Federal funds by the Foundation to acquire interests in, convey, or grant such funds to another for, real property to allow such activities if the Foundation notifies the Federal agency that administers the program under which the funds were provided of the proposed activity and the agency fails to object within a certain time period. 
Removes a limitation on the condemnation of Foundation lands by State or local entities.  Prohibits the use of Foundation grants for litigation expenses, activities to influence legislation pending before the Congress, or for activities related to the introduction of wolves or grizzly bears in Idaho, Montana, Utah, or Wyoming. 
Extends the authorization of appropriations for the Foundation through FY 1999. 
Repeals a provision that states that amounts authorized under the Act are in addition to any provided for the Foundation under other Federal laws.
****
Q: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Stop Outsourcing and Create American 
Jobs Act of 2010''.

SEC. 2. IDENTIFYING CORPORATE TAX HAVEN COUNTRIES AND INCREASING 
              PENALTIES FOR TAX EVASION PRACTICES IN HAVEN COUNTRIES 
              THAT SHIP UNITED STATES JOBS OVERSEAS.

    Not later than one year after the date of the enactment of this 
Act, the Secretary of the Treasury shall develop and publish a list of 
countries the Secretary determines to be corporate tax haven countries. 
In developing such list, the Secretary may consider the following 
criteria:
            (1) Tax rate in the country.
            (2) Lack of effective exchange of information between 
        governments.
            (3) Lack of transparency in financial services sector.
            (4) Lack of requirements of substantial economic activity.
            (5) Incentives which may encourage a United States 
        corporation to invest abroad rather than domestically.
            (6) Other factors deemed relevant by the Secretary.
The Secretary shall review and update such list every 3 years.

SEC. 3. INCREASE IN PENALTIES FOR CORPORATE TAX EVASION PRACTICES 
              CONCERNING RETURNS, DOCUMENTS, AND ACTIVITIES RELATING TO 
              TAX HAVEN COUNTRIES.

    (a) Accuracy-Related Penalty on Underpayments.--Section 6662 of the 
Internal Revenue Code of 1986 is amended by adding at the end the 
following:
    ``(k) Increase in Penalty in Case of Tax Haven Countries.--
            ``(1) In general.--In the case of any portion of an 
        underpayment by a corporation for a taxable year which involves 
        an undisclosed foreign financial asset located in a tax haven 
        country at any time during such taxable year, subsection (a) 
        shall be applied with respect to such portion by substituting 
        `60 percent' for `20 percent'.
            ``(2) Tax haven country.--For purposes of this subsection, 
        the term `tax haven country' means a country on the list 
        published under section 2(a) of the Stop Outsourcing and Create 
        American Jobs Act of 2010.''.
    (b) Understatements With Respect to Reportable Transactions.--
Section 6662A of the Internal Revenue Code of 1986 is amended by adding 
at the end the following:
    ``(f) Increase in Penalty in Case of Tax Haven Countries.--In the 
case of any portion of a reportable transaction understatement by a 
corporation for a taxable year which involves a transaction that 
originates, terminates, or otherwise occurs in a tax haven country (as 
defined in section 6662(k)(2)), subsection (a) shall be applied with 
respect to such portion by substituting `40 percent' for `20 
percent'.''.
    (c) Fraud Penalty.--Section 6663 of the Internal Revenue Code of 
1986 is amended by adding at the end the following:
    ``(d) Increase in Penalty in Case of Tax Haven Countries.--In the 
case of any fraud by a corporation involving an activity occurring in a 
tax haven country (as defined in section 6662(k)(2)), subsection (a) 
shall be applied by substituting `100 percent' for `75 percent'.''.
    (d) Erroneous Claim for Credit or Refund.--Section 6676 of the 
Internal Revenue Code of 1986 is amended by redesignating subsection 
(d) as subsection (e) and by inserting after subsection (c) the 
following new subsection:
    ``(c) Increase in Penalty in Case of Tax Haven Countries.--In the 
case of claim or credit by a corporation for any excessive amount due 
for credits or refunds involving funds held or invested in a tax haven 
country (as defined in section 6662(k)(2)), subsection (a) shall be 
applied by substituting `40 percent' for `20 percent'.''.
    (e) Willful Attempt To Evade or Defeat Tax.--Section 7201 of the 
Internal Revenue Code of 1986 is amended by adding at the end the 
following new sentence: ``In the case of an attempt by a corporation 
which involves a tax haven country (as defined in section 6662(k)(2)), 
the preceding sentence shall be applied by substituting `$1,000,000' 
for `$500,000'''.
    (f) Fraud and False Statements.--Section 7206 of the Internal 
Revenue Code of 1986 is amended by adding at the end the following new 
sentence: ``In the case of an offense by a corporation described in the 
preceding sentence which involves a tax haven country (as defined in 
section 6662(k)(2)), the preceding sentence shall be applied by 
substituting `$1,000,000' for `$500,000'''.
    (g) Fraudulent Returns, Statements, or Other Documents.--Section 
7207 of the Internal Revenue Code of 1986 is amended by adding at the 
end the following new sentence: ``In the case of an offense by a 
corporation described in either of the two preceding sentences which 
involves a tax haven country (as defined in section 6662(k)(2)), the 
appropriate sentence shall be applied by substituting `$150,000' for 
`$50,000'''.
    (h) Effective Date.--The amendments made by this section shall 
apply to--
            (1) The amendments made by subsections (a) and (b) shall 
        apply to underpayments attributable to transactions entered 
        into after the date on which the list developed under section 2 
        is first published.
            (2) The amendment made by subsection (c) shall apply to 
        returns the due date for which (determined without regard to 
        extensions) is after the date on which the list developed under 
        section 2 is first published.
            (3) The amendment made by subsection (d) shall apply to 
        refunds and credits attributable to transactions entered into 
        after the date on which the list developed under section 2 is 
        first published.
            (4) The amendment made by subsection (e), (f), and (g) 
        shall apply to offenses committed after the date on which the 
        list developed under section 2 is first published.

SEC. 4. PREFERENCES IN GOVERNMENT CONTRACTS.

    (a) Preference.--A Federal department or agency may give a 
preference in the award of a contract for the procurement of goods or 
services in a fiscal year to any potential contractor that has not 
engaged in outsourcing during the fiscal year preceding the fiscal year 
in which the contract is awarded.
    (b) Requirement To Request Outsourcing Information From Potential 
Contractors.--
            (1) In general.--In any solicitation for offers for a 
        contract issued by a Federal department or agency in a fiscal 
        year, the department or agency shall request each offeror for 
        the contract to provide information regarding whether the 
        offeror engaged in outsourcing during the fiscal year preceding 
        the fiscal year in which the contract is to be awarded.
            (2) Penalty and debarment.--Any offeror found to be in 
        violation of paragraph (1), including making a false statement 
        regarding the offeror's engagement in outsourcing--
                    (A) shall, notwithstanding section 1001 of title 
                18, United States Code, be liable to the United States 
                for a civil penalty in an amount not more than the 
                value of the contract the offeror is seeking; and
                    (B) shall be debarred, by the head of the 
                department or agency soliciting the offer, from 
                contracting with the Federal Government for a period of 
                two years starting on the date on which the offeror is 
                found to be in violation of paragraph (1).
            (3) Effective date.--This subsection shall apply to 
        solicitations for contracts issued on and after the date 
        occurring one year after the date of the enactment of this Act.
    (c) Outsourcing Defined.--In this section, the term ``outsourcing'' 
means the laying off of a United States worker from a job, and the 
hiring or contracting for the same job to be performed in a foreign 
country.

SEC. 5. DEFICIT REDUCTION.

    Amounts which the Secretary of the Treasury estimates are received 
in the Treasury by reason of this Act are hereby set aside for the 
reduction of the public debt.

A:
Stop Outsourcing and Create American Jobs Act of 2010 - Directs the Secretary of the Treasury to develop and publish a list of countries that are tax havens for corporations.

Amends the Internal Revenue Code to increase the penalties on corporations for: (1) underpayment of tax involving an undisclosed foreign financial asset located in a tax haven country; (2) reportable transaction understatements involving transactions in a tax haven country; and (3) fraud, tax evasion, or false statements involving transactions in a tax haven country.

Grants a preference in the award of federal contracts to contractors who have not engaged in outsourcing. Defines "outsourcing" as the laying off of a U.S. worker from a job and the hiring or contracting for the same job to be performed in a foreign country.

Requires revenues generated by this Act to be set aside for the reduction of the public debt.
****