jiayi-li23/proxann_data huggingface dataset:
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2008-07-17 00:00:00

Amends the Internal Revenue Code to: (1) restore the unified credit against the estate and gift tax after 2009; (2) establish the amount of such credit at $3.5 million adjusted for inflation in calendar years after 2010; and (3) reduce the maximum estate and gift tax rate to 45%. Expresses the sense of the Senate that any reduction in federal revenues resulting from this Act should be fully offset.
Topic: Macroeconomics — Tax Code
Subject: Public lands and natural resources
Date: 2008-07-22 00:00:00

Brower Palisade Designation Act - Designates the North Palisade, a prominent peak in the Palisade group of peaks in the Sierra Nevada bordering Kings Canyon National Park and the Inyo National Forest in California, as the Brower Palisade in honor of the late David Brower.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2008-07-24 00:00:00

Domestic Film Production Equity Act of 2008 - Amends Internal Revenue Code provisions relating to the tax deduction for domestic film and television production activities to: (1) include within the income base for such deduction compensation for services performed in the United States by actors, production personnel, directors, and producers and any copyrights, trademarks, or other intangibles with respect to a film production; and (2) allow a deduction for partners or S corporation shareholders who own at least a 20% interest in a film project.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2008-07-31 00:00:00

Home Office Tax Deduction Simplification and Improvement Act of 2008 - Amends the Internal Revenue Code to allow a taxpayer who uses a residence to conduct a trade or business to elect a standard tax deduction equal to the product of a standard rate determined by the Secretary of the Treasury and the square footage of the portion of a residence used to conduct a trade or business (home office tax deduction). Modifies the rules for the home office tax deduction to: (1) allow a deduction for the cost of dealing with patients, clients, or customers even if they are not physically present in the home office; and (2) establish a de minimis exemption for personal use of a home office.Requires the Secretary to ensure that all self-employment tax forms and schedules separately state amounts attributable to real estate taxes, mortgage interest, and depreciation for purposes of the home office tax deduction.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2008-07-31 00:00:00

Timber Revitalization and Economic Enhancement Act II of 2008 - Amends the Internal Revenue Code to make permanent: (1) the reduction in the rate of tax on the net timber gain of corporations; and (2) rules for the treatment of timber real estate investment trust (REIT) gains, mineral royalty income, and prohibited transactions.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2008-08-01 00:00:00

Amends the Internal Revenue Code to increase the standard mileage rate for the tax deduction for the charitable use of passenger automobiles from 14 cents per mile to the standard mileage rate prescribed by the Secretary of the Treasury for business purposes (50.5 cents per mile for January 1 through June 30, 2008, and 58.5 cents per mile for July 1 through December 31, 2008).
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2008-08-01 00:00:00

Giving Incentives to Volunteers Everywhere Act of 2008 or the GIVE Act of 2008 - Amends the Internal Revenue Code to: (1) increase the standard mileage rate for use of a passenger automobile for charitable purposes to 70% of the current rate for business usage; and (2) exclude from the gross income of charitable volunteers reimbursements paid to them for the use of a passenger automobile for the benefit of a charitable organization.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2008-09-22 00:00:00

Giving Incentives to Volunteers Everywhere Act of 2008 or the GIVE Act of 2008 - Amends the Internal Revenue Code to: (1) increase the standard mileage rate for use of a passenger automobile for charitable purposes to a rate not less than the rate used for the tax deduction for medical transportation expenses; and (2) exclude from the gross income of charitable volunteers reimbursements paid to them for the use of a passenger automobile for the benefit of a charitable organization.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2008-09-22 00:00:00

Amends the Internal Revenue Code to allow an inflation adjustment based upon the gross domestic product deflator to the adjusted basis of certain assets (including C corporation common stock and tangible property used in a trade or business) held by a taxpayer for more than three years for purposes of determining gain or loss on the sale or other disposition of such assets.Sets forth rules for applying such inflation adjustment to short sales, regulated investment companies and real estate investment trusts, partnerships and other pass-thru entities, and dispositions of assets between related persons.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2008-10-01 00:00:00

Compensation Fairness Act of 2008 - Amends the Internal Revenue Code to: (1) allow an annual inflation adjustment to the $1 million limitation on the tax deduction for employee remuneration; and (2) repeal exceptions to such limitation for remuneration payable on a commission basis and for other performance-based compensation.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2008-11-17 00:00:00

Amends the Internal Revenue Code to allow individual taxpayers a deduction from gross income for: (1) interest paid on indebtedness (up to $49,500) incurred after November 12, 2008, and before January 1, 2010, for the purchase of a motor vehicle (i.e., passenger automobile or light truck) with a gross vehicle weight rating of not more than 8,500 pounds; and (2) state and local sales and excise taxes imposed on the purchase of such a motor vehicle.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2008-12-08 00:00:00

Retirement Account Distribution Improvement Act of 2008 - Amends the Internal Revenue Code to suspend in 2008, 2009, and 2010 requirements for minimum distributions from tax-deferred retirement plans. Permits taxpayers who have already received a minimum distribution in 2008 to recontribute such distribution to their retirement plans by July 1, 2009.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2007-11-01 00:00:00

Individual Alternative Minimum Tax Repeal Act of 2007 - Amends the Internal Revenue Code to: (1) repeal the alternative minimum tax (AMT) for individuals after 2006; and (2) exempt taxpayers with no AMT liability prior to 2006 from current AMT estimated tax penalties.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2009-01-06 00:00:00

Amends the Internal Revenue Code to make permanent the election to deduct state and local sales taxes in lieu of state and local income taxes.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2009-01-06 00:00:00

Fair Tax Act of 2009 - Repeals the income tax, employment tax, and estate and gift tax. Redesignates the Internal Revenue Code of 1986 as the Internal Revenue Code of 2009. Imposes a national sales tax on the use or consumption in the United States of taxable property or services. Sets the sales tax rate at 23% in 2011, with adjustments to the rate in subsequent years. Allows exemptions from the tax for property or services purchased for business, export, or investment purposes, and for state government functions. Sets forth rules relating to: (1) the collection and remittance of the sales tax; and (2) credits and refunds. Allows a monthly sales tax rebate for families meeting certain size and income requirements.Grants states the primary authority for the collection of sales tax revenues and the remittance of such revenues to the Treasury. Sets forth administrative provisions relating to: (1) the filing of monthly reports and payments of tax; (2) accounting methods; (3) registration of sellers of goods and services responsible for reporting sales; (4) penalties for noncompliance; and (5) collections, appeals, and taxpayer rights. Directs the Secretary of the Treasury to allocate sales tax revenues among: (1) the general revenue; (2) the old-age and survivors insurance trust fund; (3) the disability insurance trust fund; (4) the hospital insurance trust fund; and (5) the federal supplementary medical insurance trust fund. Prohibits the funding of the Internal Revenue Service (IRS) after FY2013. Establishes in the Department of the Treasury: (1) an Excise Tax Bureau to administer excise taxes not administered by the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF); and (2) a Sales Tax Bureau to administer the national sales tax. Terminates the sales tax imposed by this Act if the Sixteenth Amendment to the U.S. Constitution (authorizing an income tax) is not repealed within seven years after the enactment of this Act.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2009-01-06 00:00:00

Bad Polluters Act of 2009- Amends the Internal Revenue Code to deny to a Great Lakes polluter the taxpayer election to expense 50% of the cost of refinery property in the current taxpayer year. Defines "Great Lakes polluter" as a refinery owner that holds a permit issued by the Environmental Protection Agency (EPA) to discharge a certain level of pollutants into the Great Lakes.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2009-01-06 00:00:00

Save Family-Owned Farms and Small Businesses Act of 2009 - Amends the Internal Revenue Code to: (1) increase to $1.85 million the maximum reduction amount for alternative valuations of farmland and other business property for estate tax purposes; and (2) restore after 2009 the estate tax deduction for family-owned business interests and increase such deduction to $2 million. Allows annual inflation adjustments to such increased amounts after 2010.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2009-01-06 00:00:00

Fair and Simple Tax Act of 2009 - Amends the Internal Revenue Code to: (1) establish an alternative income tax rate system with three tax brackets (10, 15, and 30%); (2) repeal the estate and gift tax; (3) adjust the increased alternative minimum tax (AMT) exemption amounts for inflation after 2008 and make such exemptions permanent; (4) reduce the maximum corporate income tax rate to 25%; (5) reduce the maximum tax rate on capital gains to 10%; (6) allow an inflation adjustment to the basis of capital assets for purposes of determining gain or loss; (7) establish new tax-exempt accounts for retirement savings, lifetime savings, and lifetime skills accounts; (8) exempt individuals under age 65 who do not have employer health care coverage from the adjusted gross income threshold for the medical care tax deduction; and (9) make permanent the tax credit for increasing research activities.Repeals the terminating dates applicable to provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 and the Jobs and Growth Tax Relief Reconciliation Act of 2003.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2009-01-06 00:00:00

Prohibits a state from imposing a tax on the income earned in the state by nonresidents unless the tax is of substantial equality of treatment for the citizens of the state and the nonresidents so commuting.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2009-01-06 00:00:00

Amends the Internal Revenue Code to: (1) reduce to 0% the employment tax on employers, employees, and self-employed individuals in the first full two-month period after the enactment of this Act; and (2) exclude from gross income any wage and self-employment income earned during the same period .Amends the Emergency Economic Stabilization Act of 2008 to repeal procedures for authorizing the Secretary of the Treasury to obligate additional amounts under the Troubled Asset Relief Program (TARP).Requires the Secretary to: (1) estimate the impact of this Act on the income and balances of the social security trust funds; and (2) transfer amounts from the Treasury to such trust funds if there is any reduction in the income and balances of such trust funds resulting from this Act. Terminates the authority of the Secretary under the Emergency Economic Stabilization Act of 2008 to purchase troubled assets or any preferred or other stock or equity in any financial institution.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2009-01-06 00:00:00

Workers Severance Tax Reduction Act of 2009 - Amends the Internal Revenue Code to exclude from the gross income of individual taxpayers severance payments up to $150,000 for separation from employment due to a workforce reduction. Terminates such exclusion after 2010.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2009-01-06 00:00:00

Amends the Internal Revenue Code to allow individual taxpayers a deduction from gross income for: (1) interest paid on indebtedness (up to $49,500) incurred after November 12, 2008, and before January 1, 2010, for the purchase of a motor vehicle (i.e., passenger automobile or light truck) with a gross vehicle weight rating of not more than 8,500 pounds; and (2) state and local sales and excise taxes imposed on the purchase of such a motor vehicle.
Topic: Macroeconomics — Tax Code
Subject: Social welfare
Date: 2009-01-06 00:00:00

Social Security for Americans Only Act of 2009 - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act (SSA) to: (1) prohibit the wages earned, and self-employment income derived, by individuals who are not U.S. citizens or nationals from being credited for coverage under the OASDI program; and (2) authorize the President to enter into (totalization) agreements with other nations to resolve entitlement and participation questions about their respective social security systems, taking into account such limitation on the crediting of wages and self-employment.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2009-01-06 00:00:00

Amends the Internal Revenue Code to exclude from the gross estate of a decedent the value of farmland used by an heir of the decedent for farming purposes. Imposes a recapture tax on an heir who disposes of such farmland after the decedent's death or who ceases to use it for farming purposes.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2009-01-06 00:00:00

Simple Savings Tax Relief Act of 2009 - Amends the Internal Revenue Code to exclude from gross income up to $400 (twice such amount on a joint return) of interest income annually. Provides for an inflation adjustment to such exclusion amount beginning after 2010.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2009-01-06 00:00:00

Death Tax Repeal Act - Repeals the federal estate, gift, and generation-skipping transfer taxes.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2009-01-06 00:00:00

Bonus Depreciation Extension Act of 2009 - Amends the Internal Revenue Code to extend for two years the additional 50% depreciation allowance for business assets (bonus depreciation) and the accelerated depreciation allowance for property located in the New York Liberty Zone.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2009-01-06 00:00:00

Living Organ Donor Tax Credit Act of 2009 - Amends the Internal Revenue Code to allow a nonrefundable tax credit for a donation of a qualified life-saving organ for transplantation by a living individual into another individual. Defines "qualified life-saving organ" as a kidney, liver, lung, pancreas, intestine, bone marrow, or any part thereof. Limits the annual amount of such credit to $5,000 of the unreimbursed costs and lost wages incurred by an organ donor in connection with an organ transplant.Amends: (1) the Public Health Service Act to reduce federal living organ donation grants by any tax credit for organ donation received under this Act; and (2) the National Organ Transplant Act to provide that any such tax credit shall not be deemed valuable consideration for purposes of the ban against organ purchases.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2009-01-07 00:00:00

Individual AMT Repeal Act of 2009 - Amends the Internal Revenue Code to eliminate the alternative minimum tax on individual taxpayers for taxable years beginning after 2008.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2009-01-08 00:00:00

Economic Growth Through Tax Stimulus Act of 2009 - Makes permanent: (1) the tax provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001; (2) the reduction in dividend and capital gain tax rates in the Jobs and Growth Tax Relief Reconciliation Act of 2003; (3) the tax deduction for state and local sales taxes; (4) the tax deduction for tuition and related expenses; and (5) the increased expensing allowance for depreciable business assets. Amends the Internal Revenue Code to reduce individual and corporate income tax rates in taxable years between 2008 and 2014.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2009-01-08 00:00:00

Hurricane and Tornado Mitigation Investment Act of 2009 - Amends the Internal Revenue Code to allow individual and business taxpayers in certain states a tax credit for 25% of their qualified hurricane and tornado mitigation property expenditures up to $5,000 for any taxable year. Defines such expenditures as expenditures in a dwelling unit to improve the strength of a roof deck attachment, create a secondary water barrier, improve the durability of a roof covering, brace gable-end walls, reinforce the connections between a roof and supporting wall, protect against windborne debris, or protect exterior doors and garages.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2009-01-08 00:00:00

Amends the Internal Revenue Code to increase the standard mileage rate for the tax deduction for the charitable use of passenger automobiles from 14 cents per mile to the standard mileage rate prescribed by the Secretary of the Treasury for business purposes (55 cents per mile in 2009).
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2009-01-09 00:00:00

State and Local Sales Tax Deduction Expansion Act of 2009 - Amends the Internal Revenue Code to allow all individual taxpayers a tax deduction for state and local general sales taxes (current law allows taxpayers an election to deduct either state and local income taxes or sales taxes).
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2009-01-09 00:00:00

Senior Assets Verification Exemption (SAVE) from Capital Gains Tax Act of 2009 - Amends the Internal Revenue Code to allow a tax deduction for the qualified net capital gain of taxpayers age 65 and older. Defines "qualified net capital gain" as the lesser of: (1) net capital gain; or (2) net capital gain only from assets held for at least 15 years.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2009-01-09 00:00:00

Amends the Internal Revenue Code to eliminate tax-exempt interest earned on private activity bonds as an item of tax preference for purposes of calculating the alternative minimum tax.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2009-01-09 00:00:00

Green Roofing Energy Efficiency Tax Act of 2009 or GREETA of 2009 - Amends the Internal Revenue Code to: (1) classify as 20-year property for depreciation purposes any roof system which meets the requirements of Standard 90.1-2004 of the American Society of Heating, Refrigerating, and Air Conditioning Engineers and is on nonresidential real property; and (2) require use of the straight line method for depreciation of such property.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2009-01-09 00:00:00

Certain Estate Tax Relief Act of 2009 - Repeals provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) eliminating the tax on estates and generation-skipping transfers and the step-up in basis provisions for property acquired from a decedent for estates of decedents dying after 2009. Declares that the sunset provision (general terminating date of December 10, 2010) of EGTRRA shall not apply to title V of such Act ( Estate, Gift, and Generation-Skipping Transfer Tax Provisions). Amends the Internal Revenue Code to: (1) provide for an increase to $3.5 million of the estate tax exclusion (eliminating the phase-in period); (2) impose a maximum estate tax rate of 45% ; (3) restore the phaseout of graduated estate tax rates and the unified credit against the estate tax; (4) set forth estate valuation rules for certain transfers of nonbusiness assets; and (5) limit estate tax discounts for certain individuals with minority interests in a business acquired from a decedent.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2009-01-09 00:00:00

Expensing Property Expands our Nation's Strong Economy Act of 2009 or the EXPENSE Act of 2009 - Amends the Internal Revenue Code to: (1) repeal the limitations on the expensing of depreciable business assets; and (2) allow taxpers to elect a two-year recovery period for depreciable property.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2009-01-13 00:00:00

Economic Recovery and Middle-Class Tax Relief Act of 2009 - Makes permanent the reductions in the dividend and capital gain tax enacted by the Jobs and Growth Tax Relief Reconciliation Act of 2003.Amends the Internal Revenue Code to: (1) reduce individual and corporate income tax rates; (2) repeal the alternative minimum tax for individual taxpayers; (3) allow inflation adjustments to the basis of capital assets in determining gain or loss; (4) reduce the capital gains tax rate for corporations; (5) repeal limitations on the expensing allowance for depreciable business assets; (6) make permanent the tax credit for increasing research activities; (7) extend the carryback period for net operating losses to seven years; (8) increase the child tax credit; (9) exclude from gross income in 2009 distributions from an individual retirement plan (IRA) and exempt IRAs from mandatory distribution requirements after 2009; and (10) increase the tax deductions for tuition and related expenses and for the interest on qualified education loans.Makes 1% across-the-board rescissions in non-defense discretionary spending for FY2009.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2009-01-14 00:00:00

Capital Gains and Estate Tax Relief Act of 2009 - Makes permanent the reduction in capital gains tax rates (from 20 to 15%) enacted by the Jobs and Growth Tax Relief and Reconciliation Act of 2003.Amends the Internal Revenue Code to: (1) restore the unified credit against gift tax liability; (2) provide for annual increases in the estate tax exclusion amount between 2010 and 2015 and establish a permanent exclusion amount of $5 million for 2015 and thereafter; (3) provide for an inflation adjustment to the estate tax exclusion amount after 2015; (4) reduce estate tax rate brackets; and (5) allow a surviving spouse to use the unused unified estate tax credit of a deceased spouse.
Topic: Macroeconomics — Tax Code
Subject: Taxation
Date: 2009-01-14 00:00:00

Giving Incentives to Volunteers Everywhere Act of 2009 or the GIVE Act of 2009 - Amends the Internal Revenue Code to: (1) increase the standard mileage rate for use of a passenger automobile for charitable purposes to a rate not less than the rate used for the tax deduction for medical transportation expenses; and (2) exclude from the gross income of charitable volunteers reimbursements paid to them for the use of a passenger automobile for the benefit of a charitable organization.