jiayi-li23/proxann_data huggingface dataset:
Topic: Domestic Commerce — Small Businesses
Subject: Taxation
Date: 2010-03-04 00:00:00

Creating Jobs From Innovative Small Businesses Act of 2010 - Amends the Internal Revenue Code to allow a general business tax credit of 20% of the amount paid to acquire an equity investment in a qualified high technology small business concern. Defines "qualified high technology small business concern" as a small business concern that employs an average of fewer than 500 employees during a year and devotes at least 50% of its gross expenditures to research and experimentation.
Topic: Domestic Commerce — Small Businesses
Subject: Taxation
Date: 2010-03-04 00:00:00

Small Business Jobs and Tax Relief Act of 2010 - Amends the Internal Revenue Code to: (1) extend through 2011 bonus depreciation for certain depreciable business property; (2) extend through 2010 the election to accelerate the alternative minimum tax (AMT) and research tax credits in lieu of bonus depreciation; (3) increase in 2010, 2011, and 2012, the tax deduction for business start-up expenditures; (4) remove restrictions on the tax deduction for employee use of cellular telephones; (5) revise the definition of "qualified nonrecourse financing" to include qualified nonrecourse real property or Small Business Investment Company financing as amounts at risk for purposes of determining the deductibility of losses from certain investment activities, including farming, leasing, and energy exploration; and (6) allow a 100% exclusion from gross income in 2010 of gain from the sale of qualified small business stock.
Topic: Domestic Commerce — Small Businesses
Subject: Taxation
Date: 2010-03-12 00:00:00

Small Business Tax Relief and Job Growth Act of 2010 - Amends the Internal Revenue Code to: (1) increase the tax deduction for business start-up expenditures; (2) allow expensing in 2010 and 2011 of improvements to real property and structural improvements to buildings used in a trade or business; and (3) reduce from 35% to 15% the alternative tax on the net capital gains of C corporations with annual gross receipts of not more than $15 million.
Topic: Domestic Commerce — Small Businesses
Subject: Commerce
Date: 2010-03-24 00:00:00

Expanding Opportunities for Main Street Act of 2010 - Requires a federal department or agency, to the extent practicable, to award to a small business each acquisition contract of more than $3,000 and less than $500,000 (eligible contract). Authorizes a federal department or agency to award an eligible contract to a small business if at least one small business submits a contract offer. Requires federal contracting officers to provide a determination of and reasons for not awarding an eligible contract to a small business. Amends the Small Business Act to allow an otherwise-qualifying individual with a net worth of less than $1.5 million to participate in the Minority Small Business and Capital Ownership Development Program of the Small Business Administration (SBA). Redefines the terms "bundled contracts" and "bundling of contract requirements" for purposes of small business participation in federal procurement contracts. Increases federal small business procurement contracting goals. Requires the withholding of specified contract amounts to contractors who fail to award a specified percentage of its subcontracts to small business concerns owned and controlled by socially and economically disadvantaged individuals. Amends the American Recovery and Reinvestment Act of 2009 to extend through FY2011 an SBA program to provide deferred loans to small businesses that have a qualifying loan and are experiencing immediate financial hardship. Requires the Director of the Minority Business Development Agency (MBDA) to establish the Minority Business Development Program to assist minority businesses with technical assistance, loan guarantees, and contract procurement assistance. Authorizes the Director to: (1) enter into agreements to provide set-aside contracting opportunities to minority businesses; and (2) terminate a minority business from the Program for specified violations. Requires the National Director of the MBDA to establish a database to assist prime contractors in identifying historically disadvantaged firms for subcontracting. Directs the Secretary of Labor to establish a minimum percentage of construction work hours to be performed by targeted workers (workers whose families have incomes of no more than 200% of federal poverty guidelines) under contracts for facilities and infrastructure construction and rehabilitation funded directly by or assisted in whole or in part by the federal government in FY2011. Requires the utilization of apprenticeship programs for such workers. Expresses the sense of Congress urging participation in such contracts by socially and economically disadvantaged small businesses. Amends the Internal Revenue Code to extend through 2011: (1) the new markets tax credit national limitation of $5 billion; and (2) empowerment zone designations.
Topic: Domestic Commerce — Small Businesses
Subject: Commerce
Date: 2010-03-24 00:00:00

Small Business Development Centers Relief Act of 2010 - Directs the Administrator of the Small Business Administration (SBA), during the one-year period beginning on the date of enactment of this Act, to waive the requirement that a matching amount be provided as a condition of grants authorized under the SBA's small business development center program.
Topic: Domestic Commerce — Small Businesses
Subject: Transportation and public works
Date: 2010-04-13 00:00:00

Requires at least 10% of funds made available for high-speed rail corridor planning and development projects to be expended through small business concerns owned and controlled by socially and economically disadvantaged individuals (disadvantaged business enterprises). Authorizes the Secretary of Transportation, however, if this requirement will prevent the satisfactory completion of a project because of a lack of competitive bids by disadvantaged business enterprises, to reduce the percentage for the project to the extent necessary to ensure its satisfactory completion. Requires the Secretary to establish minimum uniform criteria for recipients of high-speed rail corridor project funds to use in certifying small business concerns as disadvantaged business enterprises. Expresses the sense of Congress that the federal government should continue to encourage participation by veteran-owned small businesses in federal contracting and procurement opportunities and federally-funded projects, including the small business programs of the Department of Transportation (DOT) and other federal agencies.
Topic: Domestic Commerce — Small Businesses
Subject: Armed forces and national security
Date: 2010-05-11 00:00:00

Prohibits the Secretary of Veterans Affairs (VA), in determining the eligibility of a small business for inclusion in a VA-maintained database of small businesses owned and controlled by veterans and the veteran owners thereof, from considering: (1) the work schedule of the veteran owner; or (2) whether the small business sells or otherwise conducts business with respect to more than one product line.
Topic: Domestic Commerce — Small Businesses
Subject: Taxation
Date: 2010-05-14 00:00:00

Small Business Investment Penalty Relief Act of 2010 - Amends the Internal Revenue Code to waive the 10% penalty on premature distributions made in 2010 or 2011 from a tax-exempt retirement plan if made for investment in a qualified small business (defined as having gross receipts not exceeding $20 million or not more than 50 full-time employees during the preceding taxable year).
Topic: Domestic Commerce — Small Businesses
Subject: Commerce
Date: 2010-05-18 00:00:00

Small Business Intermediary Lending Pilot Program Act of 2010 - Establishes a three-year small business intermediary lending pilot program under which the Administrator of the Small Business Administration (SBA) may make direct loans to eligible nonprofit lending intermediaries for the purpose of making loans of up to $200,000 each to startup, newly-established, and growing small businesses. Authorizes the Administrator, under the program, to make one percent, 20-year loans of up to $3 million to up to 20 lending intermediaries.
Topic: Domestic Commerce — Small Businesses
Subject: Commerce
Date: 2010-05-26 00:00:00

Small Business Asset Investment and Modernization (AIM) Act of 2010 - Amends the Small Business Investment Act of 1958 concerning the 504 program (Small Business Administration [SBA] financings to small businesses through certified development companies) to increase maximum program loan amounts. Authorizes the Administrator of the SBA, from the date of enactment of this Act through FY2012, to approve under such program the refinancing of indebtedness that is secured by a lien on commercial real estate or equipment of a small business, under specified terms and conditions. Limits to $7.5 billion the total amount of such financing in a fiscal year. Authorizes the Administrator, in order to carry out such program, to make personnel appointments of at least one year and not more than six years. Allows the Administrator to eliminate the pension offset for the reemployment of retired federal employees for such purposes.
Topic: Domestic Commerce — Small Businesses
Subject: Taxation
Date: 2010-06-09 00:00:00

Title V: Tax Provisions - Small Business Jobs Tax Relief Act of 2010 - Subtitle A: Small Business Tax Incentives - Part 1: General Provisions - (Sec. 501) Amends the Internal Revenue Code to increase from 50% to 100% the exclusion from gross income of the gain from the sale or exchange of qualified small business stock acquired after March 15, 2010, and before January 1, 2012. Part 2: Limitations and Reporting on Certain Penalties - (Sec. 511) Limits the penalty for failure to disclose a reportable transaction (a transaction determined by the Internal Revenue Service [IRS] as having a potential for tax avoidance or evasion) to 75% of the decrease in tax resulting from such transaction. (Sec. 512) Requires the Commissioner of Internal Revenue to report by December 31, 2010, and annually thereafter, to the House Committee on Ways and Means and the Senate Committee on Finance on penalties assessed for certain tax shelters and reportable transactions. Part 3: Other Provisions - (Sec. 521) Increases the tax deduction for trade or business start-up expenditures from $5,000 to $20,000 in 2010 and 2011. (Sec. 522) Revises the definition of "qualified nonrecourse financing" to include qualified nonrecourse real property or Small Business Investment Company financing as amounts at risk for purposes of determining the deductibility of losses from certain investment activities, including farming, leasing, and energy exploration. (Sec. 523) Excludes from gross income any amount paid for a borrower under the Small Business Administration (SBA) borrower assistance program. Subtitle B: Revenue Provisions - (Sec. 531) Revises rules for valuing assets in grantor retained annuity trusts to require that the right to receive fixed amounts from an annuity last for a term of not less than 10 years, that such fixed amounts not decrease during the first 10 years of the annuity term, and that the remainder interest have a value greater than zero when transferred. (Sec. 532) Excludes any fuel with an acid number greater than 25 from the definition of "cellulosic biofuel" for purposes of the tax credit for alcohol used as fuel. (Sec. 533) Increases by 7.75% the estimated tax installment for the third quarter of 2015 for corporations with assets of not less than $1 billion.
Topic: Domestic Commerce — Small Businesses
Subject: Commerce
Date: 2010-06-17 00:00:00

Requires the Secretary of the Treasury, before making a first purchase (including a commitment to purchase) under the Small Business Lending Fund Program under the Small Business Jobs and Credit Act of 2010, to certify under oath to the Inspector General of the Department of the Treasury that the purchase-decision process has been designed so that each purchase decision is made solely on the basis of economic fundamentals and not because of any political considerations.
Topic: Domestic Commerce — Small Businesses
Subject: Commerce
Date: 2010-06-17 00:00:00

Small Business Assistance and Relief Act of 2010 - Expresses the sense of Congress that: (1) assistance should be made available to creditworthy small businesses that cannot obtain lending in the current environment; and (2) reforming Fannie Mae and Freddie Mac should be a top priority for Congress. Provides, with respect to small businesses: (1) an extension of specified tax provisions concerning deductions, credits, and income exclusion; and (2) a limit on the paperwork required to be submitted from a small business to federal agencies. Small Business Financing and Investment Act of 2010 - Amends the Small Business Act and the Small Business Investment Act of 1958 to provide for the establishment of a small lender outreach program, a rural lending outreach program, a national lender training program, a capital backstop program, and an independent appellate process within the Small Business Administration (SBA), with an SBA ombudsman. Revises or adds provisions affecting a certified development company (CDC), including concerning: (1) operational requirements; (2) an accredited lenders program; (3) a premier certified lenders program; (4) SBA guarantee of debentures issued by a CDC; (5) economic development through debentures; (6) CDC project funding requirements; (7) private debenture sales and the pooling of debentures; and (8) CDC authority to foreclose and liquidate SBA-guaranteed loans. Expands eligibility for, and increases loan limits under, the SBA's Microloan program. Revises or adds provisions affecting the small business investment company (SBIC) program, including concerning: (1) expedited SBIC licensing for experienced applicants; (2) revised loan leverage limitations for successful SBICs; (3) SBIC authority to invest in veteran-owned small businesses; and (4) increased SBIC program levels. Revises or adds provisions concerning investment in small businesses engaged primarily in manufacturing and in renewable-energy small businesses. Authorizes the SBA to guarantee loans to certain medical professionals for the acquisition of health information technology used in the professionals' practice. Directs the SBA Administrator to establish and carry out a program to provide equity investment financing to support early-stage small businesses in specified targeted industries. Revises requirements and increases loan limits under the SBA's disaster loan program. Requires certain SBA studies.
Topic: Domestic Commerce — Small Businesses
Subject: Transportation and public works
Date: 2010-06-29 00:00:00

Commerce for Defenders Act of 2010 - Amends the Hiring Incentives to Restore Employment Act to give preference to small businesses owned and controlled by veterans in the awarding of contracts and subcontracts using federal-aid highway, public transportation, commercial motor vehicle safety, the Unified Carrier Registration Act of 2005, transportation research, and highway safety research and development program funds.
Topic: Domestic Commerce — Small Businesses
Subject: Taxation
Date: 2010-07-01 00:00:00

Amends the Internal Revenue Code to allow individual taxpayers a tax credit for 20% of their qualified small business investments. Defines "qualified small business investment" as any stock in a domestic corporation acquired at its original issue or any capital or profits interest in a domestic partnership if: (1) such stock or interest was acquired solely in exchange for cash; and either (2) such corporation or partnership has been in existence less than 2 years as of the date of such acquisition or such corporation or partnership had at least a 10% growth rate for each of the 2 years preceding such acquisition.
Topic: Domestic Commerce — Small Businesses
Subject: Commerce
Date: 2010-07-14 00:00:00

Dealer Floor Plan Program Extension and Improvement Act of 2010 - Directs the Administrator of the Small Business Administration (SBA) to: (1) carry out a program to make SBA loan guarantees to assist dealers of titleable assets to finance inventory; (2) carry out such program in the same manner as the SBA's dealer floor plan pilot initiative; and (3) issue regulations revising the program to address barriers to program participation experienced by lending institutions and dealers of titleable assets. Authorizes the Administrator to guarantee up to 90% of a loan under the program.
Topic: Domestic Commerce — Small Businesses
Subject: Taxation
Date: 2010-07-26 00:00:00

Small Business Innovation through Investment Act of 2010 - Amends the Internal Revenue Code to allow a new business-related tax credit for 30% of the equity investment in a small business concern. Allows a maximum credit of $500,000, but reduces such amount by so much of $250,000 that is not an investment in a manufacturing or biotechnology small business concern, a minority and women-owned small business, or a qualified HUBzone (historically underutilized business zone) small business concern. Terminates such credit after 2016. Requires the Secretary of the Treasury to provide to the Administrator of the Small Business Administration (SBA) any data on the implementation and use of the equity investment in small business tax credit that is requested by the Administrator for analysis purposes. Requires the Administrator to report to Congress annually on the implementation and use of such tax credit.
Topic: Domestic Commerce — Small Businesses
Subject: Finance and financial sector
Date: 2010-07-30 00:00:00

Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to repeal the establishment of the Office of Financial Research.
Topic: Domestic Commerce — Small Businesses
Subject: Commerce
Date: 2010-07-30 00:00:00

Accounts Receivable Insurance Program Act - Establishes within the Treasury a government-backed private accounts receivable insurance program to assist small manufacturers in the underwriting and guarantee of payment through the insurance of their accounts receivable. Directs the Secretary of the Treasury to insure (guarantee) accounts receivable underwritten by financial or insurance institutions for small manufacturing businesses and, if a small manufacturing business defaults, to pay such an institution any remaining balance of an obligation of a small manufacturing business that is covered under the insurance. Prohibits a financial or insurance institution from being eligible for a guarantee under the program if the institution insured the accounts receivable of a small manufacturing business for less than 80% of their value. Provides program funding. Prohibits the Secretary from entering into guarantees with institutions under the program after December 31, 2011, or one year after the enactment of this Act, whichever is later.
Topic: Domestic Commerce — Small Businesses
Subject: Taxation
Date: 2010-09-22 00:00:00

Amends the Internal Revenue Code to allow a small business that employs 500 or fewer employees a tax deduction in 2010 and 2011 for 20% of the lesser of its qualified small business income or its taxable income. Defines "qualified small business income" to include income which is from sources within the United States and which is not passive income.
Topic: Domestic Commerce — Small Businesses
Subject: Commerce
Date: 2010-09-23 00:00:00

Amends the Small Business Jobs Act of 2010 to include in the definition of small business lending under such Act loans secured by real estate: (1) that are made to finance land development that is preparatory to erecting new structures, including improving land, laying sewers, and laying water pipes, or the on-site construction of industrial, commercial, residential, or farm buildings; (2) that is vacant land, except land known to be used or usable for agricultural purposes; (3) the proceeds of which are to be used to acquire and improve developed or undeveloped property; or (4) that are made under title I or title X of the National Housing Act. Makes such inclusion applicable only to loans extended to small businesses in the construction industry.
Topic: Domestic Commerce — Small Businesses
Subject: Commerce
Date: 2010-09-23 00:00:00

Small Business Clean Energy Financing Act of 2010 - Directs the Administrator of the Small Business Administration (SBA) to establish a program to guarantee loans of small businesses that manufacture a clean energy technology in the United States. Requires the Administrator, to the extent practicable, to carry out the program in a manner similar to the SBA 7(a) general business loan program.
Topic: Domestic Commerce — Small Businesses
Subject: Taxation
Date: 2010-09-23 00:00:00

Repeals the provision of the Patient Protection and Affordable Care Act requiring the reporting to the Internal Revenue Service (IRS) of payments to corporations (other than tax-exempt entities) of more than $600. Rescinds unobligated funds made available by Division A of the American Recovery and Reinvestment Act of 2009 (stimulus funds) required to offset the reduction in federal tax revenues resulting from the repeal of the payment reporting requirement by this Act. Provides for compliance of the budgetary effects of this Act with the Statutory Pay-As-You-Go Act of 2010.
Topic: Domestic Commerce — Small Businesses
Subject: Commerce
Date: 2010-09-29 00:00:00

Rebuilding Local Business Act of 2010 - Amends the Small Business Act to designate as a HUBZone (historically underutilized business zone), for purposes of assistance under such Act: (1) an initial period rebuilding county; and (2) an extension period rebuilding county. Defines an initial period rebuilding county as a county, parish, or similar political subdivision: (1) for which the Administrator of the Small Business Administration (SBA) determines that the one-year unemployment rate is at least 110% of the one-year average unadjusted unemployment rate for the United States; (2) that is not a HUBZone or will cease to qualify as a HUBZone two years after such unemployment determination; and (3) during the three-year period beginning on the date of such unemployment determination. Defines an extension rebuilding county as a county, parish, or political subdivision: (1) in which the Administrator has made the above unemployment determination; (2) for which the above three-year period has ended; (3) for which the Administrator determines that the unemployment rate as of a specified date is at least 140% of the average unadjusted unemployment rate; and (4) for which such designation extends for an additional specified period after the three-year period.
Topic: Domestic Commerce — Small Businesses
Subject: Taxation
Date: 2010-09-29 00:00:00

Restoring Our Local Economies Act of 2010 - Amends the Internal Revenue Code, with respect to the designation of tax-preferred empowerment zones and enterprise communities, to allow a five-year extension of the designation period for a zone or community that is a qualifying zone. Defines "qualifying zone" as any designated empowerment zone or enterprise community if the government that nominated such zone or community requests an extension of the designation period and has submitted to the Secretary of the Treasury information indicating compliance with, and progress in achieving, certain benchmarks.