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 ``Budget Surplus Dividend Act of 
1997''.

SEC. 2. 50 PERCENT OF FEDERAL BUDGET SURPLUS TO REIMBURSE EMPLOYERS AND 
              EMPLOYEES FOR A PORTION OF THEIR SOCIAL SECURITY TAXES.

    (a) In General.--Subpart C of part IV of subchapter A of chapter 1 
of the Internal Revenue Code of 1986 (relating to refundable credits) 
is amended by redesignating section 35 as section 36 and by inserting 
after section 34 the following new section:

``SEC. 35. CREDIT FOR PORTION OF SOCIAL SECURITY TAXES.

    ``(a) Allowance of Credit.--In the case of a taxable year to which 
this section applies, there shall be allowed as a credit against the 
tax imposed by this subtitle for the taxable year an amount equal to 
the applicable percentage of the taxpayer's social security taxes for 
the taxable year.
    ``(b) Taxable Years to Which Section Applies.--This section shall 
apply to any taxable year beginning in the first calendar year 
beginning after a fiscal year if there is a Federal budget surplus for 
such fiscal year of more than $1,000,000,000.
    ``(c) Applicable Percentage.--For purposes of this section--
            ``(1) In general.--The term `applicable percentage' means--
                    ``(A) the base percentage with respect to so much 
                of the taxpayer's social security taxes as does not 
                exceed $3,000, and
                    ``(B) the phasedown percentage with respect to so 
                much of the taxpayer's social security taxes as exceeds 
                $3,000.
            ``(2) Base percentage.--The term `base percentage' means, 
        for taxable years beginning in a calendar year, the percentage 
        which the Secretary estimates will result in a reduction of 
        revenues to the Treasury by reason of this section for such 
        taxable year equal to 50 percent of the Federal budget surplus 
        for the most recent fiscal year ending before such calendar 
        year. Proper adjustments shall be made in the percentage 
        determined under the preceding sentence with respect to any 
        subsequent fiscal year to the extent that prior estimates were 
        in excess of or less than the proper percentage.
            ``(3) Phasedown percentage.--The term `phasedown 
        percentage' means the base percentage reduced (but not below 
        zero) by the number of percentage points which bears the same 
        ratio to the base percentage as--
                    ``(A) the excess of the taxpayer's social security 
                taxes over $3,000 bears to
                    ``(B) the excess of the maximum social security 
                taxes over $3,000.
            ``(4) Maximum social security taxes.--The term `maximum 
        social security taxes' means the amount which would be the 
        social security taxes of the taxpayer if the amount on which 
        such taxes are determined were equal to the maximum amount of 
        remuneration which may be taken into account under section 
        3101(a).
            ``(5) Special rules.--
                    ``(A) Dollar limitations on per employee basis.--
                The dollar limitations in paragraphs (1) and (3) shall 
                be applied on a per employee basis.
                    ``(B) Self-employed individuals.--Paragraphs (1) 
                and (3) shall be applied by substituting `$6,000' for 
                `$3,000' each place it appears in the case of the taxes 
                referred to in subparagraph (C) or (D) of subsection 
                (d)(1).
    ``(d) Social Security Taxes.--For purposes of this section--
            ``(1) In general.--The term `social security taxes' means, 
        with respect to any taxpayer for any taxable year--
                    ``(A) the taxes imposed by sections 3101 and 
                3201(a) (relating to taxes on employees) on amounts 
                received by the taxpayer during the calendar year in 
                which the taxable year begins,
                    ``(B) the taxes imposed by sections 3111 and 
                3221(a) (relating to taxes on employers) on amounts 
                paid by the taxpayer during the calendar year in which 
                the taxable year begins,
                    ``(C) the taxes imposed by section 1401 on the 
                self-employment income of the taxpayer for the taxable 
                year, and
                    ``(D) the taxes imposed by section 3211(a)(1) on 
                amounts received by the taxpayer during the calendar 
                year in which the taxable year begins.
            ``(2) Coordination with special refund of social security 
        taxes.--The term `social security taxes' shall not include any 
        taxes to the extent the taxpayer is entitled to a special 
        refund of such taxes under section 6413(c).
            ``(3) Special rule.--Any amounts paid pursuant to an 
        agreement under section 3121(l) (relating to agreements entered 
        into by American employers with respect to foreign affiliates) 
        which are equivalent to the taxes referred to in paragraph 
        (1)(A) shall be treated as taxes referred to in such 
        paragraph.''
    (b) Clerical Amendment.--The table of sections for subpart C of 
part IV of subchapter A of chapter 1 of such Code is amended by 
striking the item relating to section 35 and inserting the following:

                              ``Sec. 35. Credit for portion of social 
                                        security taxes.
                              ``Sec. 36. Overpayments of tax.''
    (c) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 1997.

SEC. 3. APPROPRIATION TO USE 25 PERCENT OF FEDERAL BUDGET SURPLUS TO 
              REDUCE OUTSTANDING PUBLIC DEBT.

    There is hereby appropriated for the first fiscal year following 
each fiscal year for which there is a Federal budget surplus an amount 
equal to 25 percent of such surplus for purpose of paying at maturity, 
or to redeem or buy before maturity, obligations of the Government 
included in the public debt. An obligation of the Government that is 
paid, redeemed, or bought with funds appropriated by the preceding 
sentence shall be canceled and retired and may not be reissued.

SEC. 4. USE 25 PERCENT OF FEDERAL BUDGET SURPLUS TO INCREASE NONDEFENSE 
              DISCRETIONARY SPENDING LIMITS.

    For the first fiscal year following each fiscal year for which 
there is a Federal budget surplus, the Director of the Office of 
Management and Budget shall increase (on a pro rata basis between the 
applicable nondefense categories for that fiscal year) the 
discretionary spending limit for new budget authority under section 
251(c) of the Balanced Budget and Emergency Deficit Control Act of 1985 
by an amount equal to 25 percent of such surplus and shall adjust the 
outlays flowing from that budget authority accordingly.
Example Output: Budget Surplus Dividend Act of 1997 - Amends the Internal Revenue Code to allocate credits to taxpayers for social security taxes, during any year in which there is a Federal budget surplus of more than $1 billion, so as to utilize 50 percent of such surplus.  Requires that, during any such year, the remainder of such surplus shall be split and used to:  (1) reduce the outstanding public debt; and (2) increase nondefense discretionary spending limits.

Example Input: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Living Independently for Extended 
Time Act'' or the ``LIFETIME Act''.

SEC. 2. FINDINGS.

    Congress finds the following:
            (1) The number of Americans over age 65 or living with a 
        disability is growing, and over 70 percent of these individuals 
        will need some form of long-term services and supports, with a 
        majority of individuals preferring home and community-based 
        care.
            (2) This is a major demographic shift and provides an 
        opportunity for innovative solutions in long-term services and 
        supports.
            (3) Developing programs to facilitate high-quality 
        independent community-based living, create and improve jobs, 
        and address and improve upon gaps in existing systems will be 
        essential to providing necessary services and supports to these 
        individuals and families.
            (4) It is imperative that Congress act to address the 
        looming long-term services and supports crisis.

SEC. 3. PURPOSE.

    It is the purpose of this Act to establish a grant program to 
provide incentives to States for the development of solutions to the 
increased need of individuals for long-term services and supports and 
to increase State support and systems in long-term care.

SEC. 4. ESTABLISHMENT OF LONG-TERM SERVICES AND SUPPORTS INNOVATION 
              GRANT PROGRAM.

    (a) State Planning Grants.--
            (1) In general.--Not later than 90 days after the date on 
        which grant announcements are made under subsection (d), the 
        Secretary of Health and Human Services (referred to in this Act 
        as the ``Secretary'') shall award grants to eligible States to 
        enable such States to develop innovative programs to meet the 
        unique need for long-term services and supports in the State.
            (2) Eligibility.--To be eligible to receive a grant under 
        paragraph (1), a State shall--
                    (A) submit to the Secretary an application, at such 
                time, in such manner, and containing such information 
                as the Secretary may require;
                    (B) demonstrate to the Secretary that the State 
                will work in conjunction with both public and private 
                long-term services and supports stakeholder groups 
                described in paragraph (3) to develop a coordinated 
                statewide long-term services and supports program for 
                the State that is not duplicative of other programs 
                providing such services and supports in the State; and
                    (C) provide assurances that the State will, not 
                later than 1 year after the date on which the grant is 
                awarded, submit to the Secretary a comprehensive plan 
                for the implementation of innovative long-term services 
                and supports program in the State, which shall include 
                the utilization of existing State or local frameworks.
            (3) Stakeholder groups.--Stakeholder groups described in 
        this paragraph shall be groups that--
                    (A) represent the interests of--
                            (i) consumers of long-term services and 
                        supports and related insurance products, as 
                        well as their representatives;
                            (ii) older adults;
                            (iii) individuals with cognitive or 
                        functional limitations;
                            (iv) family caregivers for individuals 
                        described in clause (i), (ii), or (iii);
                            (v) the health care workforce who directly 
                        provide long-term services and supports;
                            (vi) private long-term services and 
                        supports insurance providers;
                            (vii) employers;
                            (viii) State insurance departments;
                            (ix) area agency on aging or State agency 
                        on aging;
                            (x) direct care workforce; and
                            (xi) State Medicaid agencies;
                    (B) have demonstrated experience in dealing with 
                issues related to long-term services and supports, 
                health care policy, and public and private insurance; 
                and
                    (C) represent the health care interests and needs 
                of a variety of geographic areas and demographic 
                groups.
    (b) State Implementation Grants.--
            (1) In general.--The Secretary shall award grants to 
        eligible States to enable such States to implement the 
        comprehensive plans submitted under subsection (a)(2)(C) to 
        meet the long-term services and supports needs of such States.
            (2) Eligibility.--To be eligible to receive a grant under 
        paragraph (1), a State shall--
                    (A) submit to the Secretary an application, at such 
                time, in such manner, and containing such information 
                as the Secretary may require;
                    (B) have submitted a comprehensive plan under 
                subsection (a)(2)(C) that has been approved by the 
                Secretary or, if the State has not applied for a grant 
                under subsection (a), submit a plan (that is similar to 
                the plans required under subsection (a)(2)(C)) to the 
                Secretary for the implementation of new, or continued 
                operation of existing, long-term services and supports 
                activities;
                    (C) provide assurances that the State will provide 
                long-term services and supports under the grant to 
                individuals who demonstrate a need for such services 
                regardless of age;
                    (D) provide assurances that the State will provide 
                matching funds in accordance with paragraph (3); and
                    (E) submit to the Secretary progress and outcomes 
                reports containing uniform data as determined 
                appropriate by the Secretary.
            (3) Matching requirement.--To be eligible to receive a 
        grant under paragraph (1), a State shall agree, with respect to 
        the costs to be incurred by the State in implementing the 
        comprehensive plan under subsection (a)(2)(C), to make 
        available non-Federal contributions (in cash or in-kind) toward 
        such costs in an amount equal to not less than $1 for each $4 
        of Federal funds provided under the grant. Such contributions 
        may be made directly or through donations from public or 
        private entities.
            (4) Preference.--In awarding grants under paragraph (1), 
        the Secretary shall give preference to States that 
        demonstrate--
                    (A) the activities to be carried out under the 
                grant will enhances access to quality, affordable long-
                term services and supports for consumers; and
                    (B) the sustainability and scalability of the 
                program to be carried out under the grant beyond the 
                grant period.
            (5) Limitation.--A State shall not use in excess of 5 
        percent of the amount awarded under a grant under paragraph (1) 
        for the administrative expenses associated with carrying out 
        activities under the grant.
    (c) Technical Assistance and Outcomes Data.--The Secretary may use 
not to exceed 5 percent of the amount appropriated for each fiscal year 
under subsection (f) to--
            (1) provide technical assistance to States in carrying out 
        programs under this section; and
            (2) collect and disseminate data, including from the 
        reports submitted by the States under subsection (b)(2)(D), on 
        improvements to long-term services and supports provided in the 
        States and the effect that grants under this section had on the 
        availability of such services and supports.
    (d) Grant Announcements.--Not later than 1 year after the date of 
enactment of this Act, the Secretary shall announce the opportunity to 
apply for the initial series of grants under this section. Not later 
than 2 years after such date, the Secretary shall announce the 
opportunity to apply for the remaining grants under this section.
    (e) Report.--Not later than 1 year after the date on which grants 
are awarded under subsection (b), and annually thereafter, the 
Secretary shall submit to Congress a report on the activities carried 
out under grants under this section, including a description of 
improvements to long-term services and supports provided in the States 
and the effect that grants under this section had on the availability 
of such services and supports.
    (f) Appropriations.--
            (1) In general.--There is authorized to be appropriated--
                    (A) to award grants under subsection (a), 
                $50,000,000, to be used during the first fiscal year 
                for which such grants are awarded; and
                    (B) to award grants under subsection (b), 
                $250,000,000, to be available until expended.
            (2) Additional amounts.--In addition to amounts 
        appropriated under paragraph (1)(B) for a fiscal year, the 
        Secretary may use any amounts appropriated under paragraph 
        (1)(A) and remaining unexpended after fiscal year 2015 to award 
        grants under subsection (b).
    (g) Definition.--In this Act, the term ``long-term services and 
supports'' means the services and supports described in section 321(a) 
of the Older Americans Act of (42 U.S.C. 3030d(a) et seq.).
Example Output: Living Independently for Extended Time Act or the LIFETIME Act  This bill requires the Department of Health and Human Services to award grants to enable eligible states to develop innovative programs to meet the unique need for long-term services and supports in the state. 

Example Input: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Family Security and Small Business 
Stimulus Act of 2008''.

SEC. 2. INDIVIDUAL INCOME TAX RATE REDUCTION AFTER 2007.

    (a) Rate Reduction.--
            (1) In general.--Subparagraph (A) of section 1(i)(1) of the 
        Internal Revenue Code of 1986 (relating to tax imposed on 
        individuals) is amended to read as follows:
                    ``(A) In general.--In the case of taxable years 
                beginning after December 31, 2007--
                            ``(i) the rate of tax under subsections 
                        (a), (b), (c), and (d) on taxable income not 
                        over the initial bracket amount shall be 5 
                        percent, and
                            ``(ii) the 15 percent rate of tax shall 
                        apply only to taxable income over the initial 
                        bracket amount but not over the maximum dollar 
                        amount for the 15-percent rate bracket.''.
            (2) Conforming amendments.--
                    (A) The heading for paragraph (1) of section 1(i) 
                of such Code is amended by striking ``10-percent'' and 
                inserting ``5-percent''.
                    (B) Subparagraph (D) of section 1(i)(1) of such 
                Code is amended to read as follows:
            ``(D) Coordination with acceleration of 5 percent rate 
        bracket benefit for 2008.--This paragraph shall not apply to 
        any taxable year to which section 6428 applies.''.
            (3) 5-percent bracket made permanment.--Title IX of the 
        Economic Growth and Tax Relief Reconciliation Act of 2001 shall 
        not apply to paragraph (1) of section 1(i) of the Internal 
        Revenue Code of 1986, as amended by this subsection.
    (b) Advance Payment of 5 Percent Rate Bracket.--Section 6428 of 
such Code is amended to read as follows:

``SEC. 6428. ACCELERATION OF 5 PERCENT INCOME TAX RATE BRACKET BENEFIT 
              FOR 2008.

    ``(a) In General.--In the case of an eligible individual, there 
shall be allowed as a credit against the tax imposed by chapter 1 for 
the taxpayer's first taxable year beginning in 2008 an amount equal to 
5 percent of so much of the taxpayer's taxable income as does not 
exceed the initial bracket amount (as defined in section 1(i)(1)(B)).
    ``(b) Credit Treated as Nonrefundable Personal Credit.--For 
purposes of this title, the credit allowed under this section shall be 
treated as a credit allowable under subpart A of part IV of subchapter 
A of chapter 1.
    ``(c) Eligible Individual.--For purposes of this section, the term 
`eligible individual' means any individual other than--
            ``(1) any estate or trust,
            ``(2) any nonresident alien individual, and
            ``(3) any individual with respect to whom a deduction under 
        section 151 is allowable to another taxpayer for a taxable year 
        beginning in the calendar year in which the individual's 
        taxable year begins.
    ``(d) Coordination With Advance Refunds of Credit.--
            ``(1) In general.--The amount of credit which would (but 
        for this paragraph) be allowable under this section shall be 
        reduced (but not below zero) by the aggregate refunds and 
        credits made or allowed to the taxpayer under subsection (e). 
        Any failure to so reduce the credit shall be treated as arising 
        out of a mathematical or clerical error and assessed according 
        to section 6213(b)(1).
            ``(2) Joint returns.--In the case of a refund or credit 
        made or allowed under subsection (e) with respect to a joint 
        return, half of such refund or credit shall be treated as 
        having been made or allowed to each individual filing such 
        return.
    ``(e) Advance Refunds of Credit Based on Prior Year Data.--
            ``(1) In general.--Each individual who was an eligible 
        individual for such individual's first taxable year beginning 
        in 2006 shall be treated as having made a payment against the 
        tax imposed by chapter 1 for such first taxable year in an 
        amount equal to the advance refund amount for such taxable 
        year.
            ``(2) Advance refund amount.--For purposes of paragraph 
        (1), the advance refund amount is the amount that would have 
        been allowed as a credit under this section for such first 
        taxable year if--
                    ``(A) this section (other than subsections (b) and 
                (d) and this subsection) had applied to such taxable 
                year, and
                    ``(B) the credit for such taxable year were not 
                allowed to exceed the excess (if any) of--
                            ``(i) the sum of the regular tax liability 
                        (as defined in section 26(b)) plus the tax 
                        imposed by section 55, over
                            ``(ii) the sum of the credits allowable 
                        under part IV of subchapter A of chapter 1 
                        (other than the credits allowable under subpart 
                        C thereof, relating to refundable credits).
            ``(3) Timing of payments.--In the case of any overpayment 
        attributable to this subsection, the Secretary shall, subject 
        to the provisions of this title, refund or credit such 
        overpayment as rapidly as possible and, to the extent 
        practicable, before the date which is 30 days after the date of 
        the enactment of this section. No refund or credit shall be 
        made or allowed under this subsection after December 31, 2008.
            ``(4) No interest.--No interest shall be allowed on any 
        overpayment attributable to this subsection.''.
    (c) Technical Amendment.--The item relating to section 6428 in the 
table of sections for subchapter B of chapter 65 of such Code is 
amended to read as follows:

``Sec. 6428. Acceleration of 5 percent income tax rate bracket benefit 
                            for 2008.''.
    (d) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2007.

SEC. 3. INCREASE IN EXPENSING FOR SMALL BUSINESSES.

    (a) $125,000 Limit Made Permanent; Temporary Increase to 
$375,000.--Paragraph (1) of section 179(b) of the Internal Revenue Code 
of 1986 (relating to election to expense certain depreciable business 
assets) is amended by striking ``$25,000 ($125,000 in the case of 
taxable years beginning after 2006 and before 2011)'' and inserting 
``$125,000 ($375,000 in the case of taxable years beginning after 2007 
and before 2010)''.
    (b) Conforming Amendment.--Subparagraph (A) of section 179(b)(5) of 
such Code is amended--
            (1) by striking ``and before 2011'', and
            (2) by adding at the end the following flush sentence:
                ``The preceding sentence shall not apply to the 
                $500,000 amount for taxable years beginning after 
                December 31, 2010.''.
    (c) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2007.
Example Output:
Family Security and Small Business Stimulus Act of 2008 - Amends the Internal Revenue Code to: (1) allow a reduced 5% income tax rate on taxable income for low-income taxpayers; (2) allow an advance refund in 2008 for the reduction in the tax rate; and (3) increase to $375,000 between 2008 and 2010 the expensing allowance for small business depreciable assets.