jiayi-li23/proxann_data huggingface dataset:
Topic: Macroeconomics — Monetary Policy
Subject: Finance and financial sector
Date: 2007-07-31 00:00:00

Expresses the sense of Congress that the Secretary of the Treasury should designate one or more series of bonds or certificates as "War on Radical Islam Bonds."
Topic: Macroeconomics — Monetary Policy
Subject: Economics and public finance
Date: 2008-05-13 00:00:00

Price Stability and Inflation Targeting Act of 2008 - Declares that the primary and overriding goal of the Board of Governors of the Federal Reserve System and the Federal Open Market Committee with regard to monetary policy shall be the achievement of price stability. Authorizes the Board and the Committee to suspend such goal if the Committee, by a majority vote, and the President jointly determine such suspension necessary due to war or an economic emergency. Requires the Board and the Committee to: (1) establish a definition of the goal of price stability; (2) implement such definition through inflation targets; and (3) specify a timeframe for achieving such goal. Directs the Board to determine in advance what action it will take if the goal of fully achieving price stability is not met within the timeframe established by the Board and the Committee.
Topic: Macroeconomics — Monetary Policy
Subject: Economics and public finance
Date: 2008-05-14 00:00:00

Price Stability Act of 2008 - Declares it is US policy that the principal economic responsibilities of the Government are to establish both long-term economic growth and increases in living standards, maintain free markets, low taxes, respect for private property, and the stable, long-term purchasing power of US currency. Declares that the promotion of price stability should be the primary long-term goal of the Board of Governors of the Federal Reserve System. Amends the Federal Reserve Act to revise the mandate of the Board and the Federal Open Market Committee to require them to: (1) establish a numerical definition of the term "price stability"; and (2) maintain a monetary policy that promotes long-term price stability. Requires the Board to consult with, and report to, Congress semi-annually about Board and Committee objectives and plans to achieve and maintain price stability. Repeals the Full Employment and Balanced Growth Act of 1978.
Topic: Macroeconomics — Monetary Policy
Date: 2008-10-03 00:00:00

Transparency in the Creation of Wealth Act of 2008 - Directs the Board of Governors of the Federal Reserve System to: (1) devise, calculate, and publish a replacement for the discontinued M3 monetary statistic; (2) tabulate and publish a statistical description of the current distribution of wealth in the United States by quintile; (3) calculate and report to the Congress the total annual seigniorage interest income received by financial institutions as a result of their being allowed to create money in the form of the credit they extend above their own cash deposits or reserves before extending the loans; (4) calculate and publish semi-annually the loss or gain in economic output due to the deviation of the previous year's actual unemployment rate from the 4% level required by specified statute; (5) tabulate and publish data showing the amount of credit and the percentage of credit now being created and directed into specified transactions; (6) develop a market-based estimate of the value of residential, corporate and publicly owned land and report figures; and (7) make projections, in ten-year increments, of the net foreign debt, and estimate and report on the location of federal reserve notes, by country and type of holder. Directs the Comptroller General to conduct a full audit of the Federal Reserve System in every year before a presidential election year. Directs the Board to: (1) publish a quarterly and annual summary of total credit market debt; (2) release the statistics required to be compiled by this Act at a quarterly news conference; and (3) the survey of consumer finances and the total credit market debt report at an annual news conference.
Topic: Macroeconomics — Monetary Policy
Subject: Taxation
Date: 2007-06-05 00:00:00

Fair Treatment for Precious Metals Investors Act - Amends the Internal Revenue Code to treat bullion (e.g., gold, silver, platinum, and palladium) as a long-term capital asset (currently, treated as a collectible), eligible for preferential capital gains tax rates.
Topic: Macroeconomics — Monetary Policy
Subject: Finance and financial sector
Date: 2007-12-19 00:00:00

Full Faith and Credit in Our Communities Act of 2007 - Amends the Community Banking and Financial Institutions Act of 1994 to require the Secretary of the Treasury to guarantee payments on tax-exempt bonds or notes issued by any approved issuer if their proceeds are used to make loans to eligible community development financial institutions: (1) for eligible community or economic development purposes; or (2) to refinance loans or notes issued for such purposes. Lists among such community or economic development purposes, especially in low-income or underserved rural areas, developing or supporting: (1) commercial facilities that promote revitalization, community stability, or job creation or retention; (2) businesses that provide jobs for low-income people or are owned by low-income people, or enhance the availability of products and services to them; (3) community facilities; (4) the provision of basic financial services; and (5) housing that is principally affordable to low-income people. Specifies that assistance used to facilitate homeownership shall only be used for services and lending products that: (1) serve low-income people; and (2) are not provided by other lenders in the area, or complement the services and lending products provided by other lenders that serve the investment area or targeted population. Authorizes an eligible community development financial institution or an issuer to use a bond or note to reduce the interest rate on a loan made by an issuer to an eligible community development financial institution for any community or economic development purpose. Requires each issuer, during the term of a guarantee, to establish a risk-share pool meeting certain criteria. Requires any issuer receiving a guarantee on a bond or note to pay a specified fee to the Director of the Community Development Financial Institutions Fund.
Topic: Macroeconomics — Monetary Policy
Subject: Finance and financial sector
Date: 2008-11-20 00:00:00

Special Inspector General for the Troubled Asset Relief Program Act of 2008 - Amends the Emergency Economic Stabilization Act of 2008 to authorize the Special Inspector General to exercise specified employment authorities for additional personnel, but not after six months following enactment of this Act. Authorizes the Special Inspector General to conduct, supervise, and coordinate an audit or investigation of any action taken under such Act, except any action related to: (1) graduated authorization to purchase troubled assets; (2) oversight and audits by the Comptroller General; (3) the Comptroller General's study and report on margin authority; and (4) the Congressional Oversight Panel.
Topic: Macroeconomics — Monetary Policy
Subject: Finance and financial sector
Date: 2009-01-13 00:00:00

Equitable Treatment of State and Local Governments Act of 2009 - Amends the Emergency Economic Stabilization Act of 2008 (EESA) to direct the Secretary of the Treasury to purchase at face value debt instruments issued by Lehman Brothers Holdings Inc. which: (1) were held as of September 15, 2008, by any state or local government, or any other public entity or instrumentality established under state law; (2) have been held by such entity continuously since such date; and (3) are subject to bankruptcy proceedings filed on September 15, 2008, by Lehman Brothers Holdings Inc. Declares that the Secretary: (1) shall be substituted as a creditor in any bankruptcy proceeding for any state or local government, or any other public entity or instrumentality established under state law from which the Secretary purchases a debt instrument; and (2) has the same standing in such proceedings with respect to other creditors as the state or local government or public entity for which the Secretary is substituted.
Topic: Macroeconomics — Monetary Policy
Subject: Finance and financial sector
Date: 2010-02-25 00:00:00

President Ronald Reagan $50 Bill Act - Amends the Federal Reserve Act to direct the Secretary of the Treasury to print $50 federal reserve notes bearing the likeness of President Ronald Wilson Reagan.
Topic: Macroeconomics — Monetary Policy
Subject: Finance and financial sector
Date: 2010-03-04 00:00:00

Bailouts Are Not For Sale Act - Prohibits a corporation which has made any independent expenditure or disbursement for an electioneering communication in connection with a federal election campaign from: (1) having any notes discounted by any federal reserve bank, or (2) otherwise accessing or receiving the benefit of any financing provided by the Board of Governors of the Federal Reserve System or any federal reserve bank (including any credit facility established by the Board or any federal reserve bank). Directs the Board to require a corporation that has entered into such a transaction or financing agreement before enactment of this Act to unwind it and repay any amount outstanding within 90 days after enactment of this Act.
Topic: Macroeconomics — Monetary Policy
Subject: Finance and financial sector
Date: 2010-03-18 00:00:00

United States Covered Bond Act of 2010 - Directs the Secretary of the Treasury or a designee (covered bond regulator) to establish a regulatory oversight program for specified senior recourse debt obligations of an eligible issuer (covered bonds). Requires the covered bond regulator to: (1) consult with the primary federal regulator of an eligible issuer before approving any covered bond program; and (2) maintain a registry on a website available to the public containing the name of each approved covered bond program and information on all outstanding covered bonds issued under it. Requires the covered bond regulator from time to time to establish minimum over-collateralization requirements for covered bonds backed by each eligible asset classes (including residential mortgage, home equity, commercial mortgage, public sector, auto, student loan, credit or charge card, small business, and other asset classes) based on the credit, collection, and interest-rate risks, but not the liquidity risks, associated with such eligible asset class. Requires each dynamic pool of such assets (cover pool) securing covered bonds at all times to satisfy an asset-coverage test. Prescribes: (1) covered bond eligibility requirements; and (2) procedures governing default and insolvency of a covered bond both prior and subsequent to conservatorship, receivership, liquidation, or bankruptcy of the issuer. Subjects covered bonds that are offered and sold to the public by a bank (or its subsidiary) to: (1) securities regulations issued by the primary federal regulator of such bank; and (2) antifraud rules. Exempts such bonds from all other federal securities laws. Subjects issuers of covered bonds to disclosure and reporting requirements. Amends the Secondary Mortgage Market Enhancement Act of 1984 and the Internal Revenue Code of 1986 governing Real Estate Mortgage Investment Conduits to include within their purview covered bonds under this Act.
Topic: Macroeconomics — Monetary Policy
Subject: Economics and public finance
Date: 2010-04-27 00:00:00

War on Debt Act of 2010 - Requires the Secretary of the Treasury to establish and administer a new series of U.S. savings bonds to be known as "War on Debt Bonds," to be used first solely to reduce the amount of foreign-held public debt, and then to reduce other public debt. Sets the maturity and redemption date of a War on Debt Bond at 30 years from the date of issue. Requires certain annual principal and interest payments, which shall not be includible in gross income under the Internal Revenue Code. Allows redemption of such a Bond before 30 years if during any fiscal year during which it is outstanding: (1) the federal budget deficit exceeds 3% of gross domestic product (GDP); or (2) the public debt exceeds 10% of GDP. Limits the holding of a War on Debt Bond to: (1) U.S. citizens or residents; (2) domestic partnerships, or domestic corporations (not more than 1% of the ownership interest of which is held, directly or indirectly, by a person who is not a U.S. person); or (3) estates or trusts which are U.S. persons, unless there is a trust beneficiary who is not a U.S. person.
Topic: Macroeconomics — Monetary Policy
Subject: Taxation
Date: 2009-01-06 00:00:00

Amends the Internal Revenue Code to: (1) qualify manufacturing facilities that create intangible property for tax-exempt bond financing; and (2) revise the definition of "manufacturing facility" for purposes of certain limitations on tax-exempt bond financing to include facilities which are functionally related and subordinate to a manufacturing facility.
Topic: Macroeconomics — Monetary Policy
Subject: Finance and financial sector
Date: 2009-03-03 00:00:00

Federal Reserve Transparency Act - Directs the Board of Governors of the Federal Reserve System to publish on its website, with respect to all loans and other financial assistance it has provided since March 24, 2008: (1) the identity of each business, individual, or entity to which the Board has provided such assistance; (2) the type of financial assistance provided; (3) its value or amount; (4) the date on which it was provided; (5) the specific terms of any repayment expected, including the repayment time period, interest charges, collateral, limitations on executive compensation or dividends, and other material terms; and (6) the specific rationale for providing assistance in each instance. Requires the Board to update such information at least once every 30 days.
Topic: Macroeconomics — Monetary Policy
Subject: Finance and financial sector
Date: 2009-03-16 00:00:00

Federal Reserve Sunshine Act of 2009 - Repeals the authority of the Comptroller General to carry out an onsite examination of an open insured bank or bank holding company only if the appropriate federal regulatory agency has consented in writing. (Retains the authority of the Comptroller General to audit a federal agency.) Directs the Comptroller General to complete, before the end of 2010, an audit of the Board of Governors of the Federal Reserve System and of the federal reserve banks, followed by a detailed report to Congress.
Topic: Macroeconomics — Monetary Policy
Subject: Economics and public finance
Date: 2009-04-03 00:00:00

Unclaimed Savings Bond Act of 2009 - Directs the Secretary of the Treasury to conduct a demonstration program to: (1) identify and locate the owners of specified unredeemed U.S. savings bonds; and (2) provide bondholder location and assistance grants to states for the purpose of bond owner location and notification activities. Requires the Secretary to attempt to locate owners of specified unredeemed savings bonds for which the registered address: (1) is located in a state not participating in the demonstration program in the fiscal year in which such bond would otherwise have been referred to such state; or (2) is not located in any state. Requires the Secretary to deduct and withhold from the proceeds of any matured outstanding U.S. savings bond, on the later of the date of maturity of such bond or the date of the enactment of this Act, a tax in an amount equal to the applicable percentage of the amount which, if such bond were redeemed, would constitute interest. Includes the deemed interest amount in the bondholder's gross income.
Topic: Macroeconomics — Monetary Policy
Subject: Finance and financial sector
Date: 2009-06-11 00:00:00

Stop Tarp Asset Recycling Act of 2009 or the STAR Act of 2009 - Amends the Emergency Economic Stabilization Act of 2008 (EESA) to require, beginning upon enactment of this Act, all repayments of funds and all proceeds from the sale of federally-acquired assets under the Troubled Asset Relief Program (TARP) to be used to reduce the public debt.
Topic: Macroeconomics — Monetary Policy
Subject: Foreign trade and international finance
Date: 2009-06-11 00:00:00

Currency Exchange Rate Oversight Reform Act of 2009 - Directs the Secretary of the Treasury to: (1) report biannually to Congress on international monetary policy and currency exchange rates; and (2) appear, if requested, before certain congressional committees to testify regarding such reports. Prescribes report contents, including: (1) an analysis of currency market developments and the relationship between the U.S. dollar and the currencies of major economies and trading partners of the United States; (2) a review of the economic and monetary policies of major economies and trading partners of the United States and an evaluation of how such policies impact currency exchange rates; and (3) a list of currencies designated as fundamentally misaligned currencies. Instructs the Secretary to: (1) analyze semiannually the prevailing real effective exchange rates of foreign currencies; (2) determine whether any such currency is in fundamental misalignment; and (3) designate it for priority action if the issuing country engages in specified behavior, including excessive and prolonged official or quasi-official accumulation of foreign assets for balance of payments purposes. Prescribes procedures for: (1) negotiations and consultations; and (2) actions in response to failure, including persistent failure, to adopt appropriate policies, or take identifiable action to eliminate the fundamental misalignment. Requires the Secretary, before the United States approves a proposed change in the governance arrangement of any international financial institution, to determine whether any member of the international financial institution that would benefit from the proposed change, in the form of increased voting shares or representation, has a currency designated for priority action. Requires U.S. opposition to the proposed change if the Secretary renders an affirmative determination. Amends the Tariff Act of 1930, for purposes of an antidumping investigation or review, to require an adjustment in the price used to establish export (and constructed export) prices, in the case of a fundamentally misaligned currency designated for priority action, by reducing such price by the percentage by which the domestic currency of the producer or exporter is undervalued in relation to the U.S. dollar. Adds as a factor the administering authority must take into account in determining whether a foreign country is a nonmarket economy country the question of whether its currency is designated for priority action under this Act. Establishes the Advisory Committee on International Exchange Rate Policy. Repeals the Exchange Rates and International Economic Policy Coordination Act of 1988.
Topic: Macroeconomics — Monetary Policy
Subject: Taxation
Date: 2009-06-25 00:00:00

Fair Treatment for Precious Metals Investors Act - Amends the Internal Revenue Code to treat bullion (e.g., gold, silver, platinum, and palladium) as a long-term capital asset (currently, treated as a collectible), eligible for preferential capital gains tax rates.
Topic: Macroeconomics — Monetary Policy
Subject: Finance and financial sector
Date: 2009-07-15 00:00:00

Federal Reserve Credit Facility Review Act of 2009 - Authorizes the Comptroller General to conduct reviews and onsite examinations of: (1) any credit facility established by the Federal Reserve Board or any federal reserve bank; and (2) such credit facility's establishment as the lender of last resort (including providing credit under enhancements to traditional lending facilities and credit facilities). Cites the credit facilities to which this Act applies. Grants the Comptroller General access to all records and property of any such credit facility, including its officers, employees, contractors, and other agents and representatives. Sets forth the powers of the Comptroller to implement this Act. Requires the Comptroller General to report to Congress on each review conducted. Terminates such authorization five years after enactment of this Act.
Topic: Macroeconomics — Monetary Policy
Subject: Commerce
Date: 2010-06-22 00:00:00

Amends the National Institute of Standards and Technology Act to prohibit the Secretary of Commerce, for each of FY2011-FY2013, from: (1) providing a participant in the Hollings Manufacturing Partnership Program with more than 50% of the costs incurred by the participant under the Program; and (2) requiring a participant's cost share to exceed 50%. Directs the Secretary to report to Congress on such cost share requirements, including: (1) an analysis of various cost share structures; and (2) a recommendation for structuring the cost share requirement after FY2013 to best provide for the Program's long-term sustainability.
Topic: Macroeconomics — Monetary Policy
Subject: Commerce
Date: 2010-06-23 00:00:00

Hollings Manufacturing Extension Partnership Program Reauthorization Act of 2010 - Amends the National Institute of Standards and Technology Act to bar the Secretary of Commerce, for FY2011-FY2013, from: (1) providing to a Hollings Manufacturing Extension Center more than half of the costs incurred by it; and (2) requiring that a Center's cost share exceed half of such costs. Requires the Secretary to report to Congress on cost share requirements under the Hollings Manufacturing Extension Partnership Program (the Program). Directs the Secretary, if a state provides financial support to a Center which exceeds 25% of the capital and annual operating and maintenance funds required to create and maintain such Center, to provide that Center, under the State Incentive Program established by this Act, assistance that is in addition to the assistance otherwise provided to it under the Program. Authorizes appropriations for FY2011-FY2015 to carry out: (1) the Program, including the Manufacturing Extension Partnership (MEP) Advisory Board; (2) the Competitive Grant Program; and (3) the State Incentive Program.
Topic: Macroeconomics — Monetary Policy
Subject: Taxation
Date: 2011-02-10 00:00:00

Build America Bonds to Create Jobs Now Act of 2011 - Amends the Internal Revenue Code, with respect to the Build America Bond program, to: (1) extend until December 31, 2012, the authority to issue such bonds and the authority for payments to issuers of such bonds, (2) reduce the percentage rate of payments to issuers in 2011 and 2012, (3) allow refundings of currently issued bonds, and (4) allow the use of Build America bonds to fund capital expenditures for levees and flood control projects.
Topic: Macroeconomics — Monetary Policy
Subject: Economics and public finance
Date: 2011-01-07 00:00:00

Amends the Federal Reserve Act to repeal the joint mandate on the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to make maximum employment one of the goals of their duty to maintain long run growth of the monetary and credit aggregates commensurate with the U.S. economy's long run potential to increase production.