116 S2994 IS: Improving and Reinstating the Monitoring, Prevention, Accountability, Certification, and Transparency Provisions of Opportunity Zones
U.S. Senate

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II116th CONGRESS1st SessionS. 2994IN THE SENATE OF THE UNITED STATESDecember 5, 2019Mr. Scott of South Carolina (for himself, Mr. Grassley, Mr. Young, Mr. Gardner, Ms. Ernst, Mr. Cassidy, Mr. Rubio, and Mrs. Capito) introduced the following bill; which was read twice and referred to the Committee on FinanceA BILLTo amend the Internal Revenue Code of 1986 to require information reporting with respect to the
			 qualified opportunity zone tax incentives enacted by the 2017 tax reform
			 legislation, to require public reports related to such tax incentives, and
			 for other purposes.

 1.Short titleThis Act may be cited as the Improving and Reinstating the Monitoring, Prevention, Accountability, Certification, and Transparency Provisions of Opportunity Zones or the IMPACT Act.
 2.FindingsCongress makes the following findings: (1)The 8,764 census tracts designated as qualified opportunity zones under section 1400Z–1 of the Internal Revenue Code of 1986 span across all 50 States, the District of Columbia, and 5 Territories and overwhelmingly represent communities that have been economically left behind as the American economy has surged forward.
 (2)The average poverty rate of qualified opportunity zone residents is 28.9 percent. (3)Seventy-one percent of qualified opportunity zones meet the Treasury Department's definition of “severely distressed”.
 (4)More adults in qualified opportunity zones lack a high school diploma than have a four-year college degree.
 (5)The Investing in Opportunity Act, which originally proposed opportunity zones, originally incorporated reporting requirements to evaluate the impact the incentive will have on designated communities and it is critical that Congress act to reinstate reporting requirements as soon as possible.
			3.Information reporting on qualified opportunity funds
			(a)In general
 (1)Filing requirements for funds and investorsSubpart A of part III of subchapter A of chapter 61 of the Internal Revenue Code of 1986 is amended by inserting after section 6039J the following new sections:

						6039K.Returns with respect to qualified opportunity funds
 (a)In generalEvery qualified opportunity fund shall file an annual return (at such time and in such manner as the Secretary may prescribe) containing the information described in subsection (b).
 (b)Information from fundsThe information described in this subsection is— (1)the name, address, and taxpayer identification number of the qualified opportunity fund,
 (2)whether the qualified opportunity fund is organized as a corporation or a partnership, (3)the value of the total assets held by the fund as of each date described in section 1400Z–2(d)(1),
 (4)the value of all qualified opportunity zone property held by the fund on each such date, (5)with respect to each investment held by the fund in qualified opportunity zone stock or a qualified opportunity zone partnership interest—
 (A)the name, address, and taxpayer identification number of the corporation in which such stock is held or the partnership in which such interest is held, as the case may be,
 (B)each North American Industry Classification Code that applies to the trades or businesses conducted by such corporation or partnership,
 (C)the census tracts in which the qualified opportunity zone property of such corporation or partnership is located,
 (D)the amount of the investment in such stock or partnership interest as of each date described in section 1400Z–2(d)(1),
 (E)the value of property held by such corporation or partnership on each such date which is owned by such corporation or partnership,
 (F)the value of property held by such corporation or partnership on each such date which is leased by such corporation or partnership,
 (G)the approximate number of residential units (if any) for any real property held by such corporation or partnership, and
 (H)whether the approximate average monthly number of full-time equivalent employees of such corporation or partnership for the year is—
 (i)equal to or less than 25, (ii)greater than 25 and equal to or less than 50,
 (iii)greater than 50 and equal to or less than 75, (iv)greater than 75 and equal to or less than 100,
 (v)greater than 100 and equal to or less than 500, (vi)greater than 500 or equal to or less than 1,000, or
 (vii)greater than 1,000, (6)with respect to each item of qualified opportunity zone business property held by the fund—
 (A)the North American Industry Classification Code that applies to the trades or businesses in which such property is held,
 (B)the census tract in which the property is located, (C)whether the property is owned or leased,
 (D)the value of the property as of each date described in section 1400Z–2(d)(1), and (E)in the case of real property, number of residential units (if any),
 (7)whether the average monthly number of full-time equivalent employees of the qualified opportunity fund for the year is—
 (A)equal to or less than 25, (B)greater than 25 and equal to or less than 50,
 (C)greater than 50 and equal to or less than 75, (D)greater than 75 and equal to or less than 100,
 (E)greater than 100 and equal to or less than 500, (F)greater than 500 or equal to or less than 1,000, or
 (G)greater than 1,000, (8)with respect to each person who disposed of an investment in the qualified opportunity fund during the year—
 (A)the name and taxpayer identification number of such person, (B)the date or dates on which the investment disposed was acquired, and
 (C)the date or dates on which any such investment was disposed and the amount of the investment disposed, and
 (9)such other information as the Secretary may require. (c)DefinitionsFor purposes of this section—
 (1)In generalAny term used in this section which is also used in subchapter Z of chapter 1 shall have the meaning given such term under such subchapter.
 (2)Full-time equivalent employeesThe term full-time equivalent employees means, with respect to any month, the sum of— (A)the number of full-time employees (as defined in section 4980H(c)(4)) for the month, plus
 (B)the number of employees determined (under rules similar to the rules of section 4980H(c)(2)(E)) by dividing the aggregate number of hours of service of employees who are not full-time employees for the month by 120.
									6039L.Information on persons investing in qualified opportunity funds
 (a)In generalEvery taxpayer who makes an investment in a qualified opportunity fund shall provide an annual statement (at such time and in such manner as the Secretary may prescribe) containing the information described in subsection (b) with respect to each such investment.
 (b)Information from investorsThe information described in this subsection is— (1)the name, address, and taxpayer identification number of the taxpayer,
 (2)the name and taxpayer identification number of the qualified opportunity fund in which the investment was made,
 (3)a description of such investment, (4)the date such investment was made,
 (5)the amount of short-term and long-term capital gains for which an election was made under section 1400Z–2(a)(1) for such investment,
 (6)in the case of any disposition of such investment during the taxable year— (A)a description of the investment disposed,
 (B)the date of the disposition, and (C)the amount of any previously deferred short-term and long-term capital gain included in income as a result of such disposition, and
 (7)such other information as the Secretary may require. (c)DefinitionsAny term used in this section which is also used in subchapter Z of chapter 1 shall have the meaning given such term under such subchapter..
 (2)PenaltiesPart II of subchapter B of chapter 68 of the Internal Revenue Code of 1986 is amended by inserting after section 6725 the following new section:

						6726.Failure to comply with information reporting requirements relating to qualified opportunity funds
							(a)Information returns by funds
 (1)In generalIn the case of any person required to file a return under section 6039K fails to file a complete and correct return under such section the time and in the manner prescribed therefor, such person shall pay a penalty of $500 for each day during which such failure continues.
								(2)Limitation
 (A)In generalThe maximum penalty under this subsection on failures with respect to any 1 return shall not exceed $10,000.
 (B)Large fundsIn the case of any person the gross assets of which (determined on the last day of the taxable year) are in excess of $10,000,000, subparagraph (A) shall be applied by substituting $50,000 for $10,000.
									(3)Inflation adjustment
 (A)In generalIn the case of any failure relating to a return required to be filed in a calendar year beginning after 2020, each of the dollar amounts in paragraphs (1) and (2) shall be increased by an amount equal to such dollar amount multiplied by the cost-of-living adjustment determined under section 1(f)(3) for the calendar year determined by substituting calendar year 2019 for calendar year 2016 in subparagraph (A)(ii) thereof.
									(B)Rounding
 (i)In generalIf the dollar amount in paragraph (1), after being increased under subparagraph (A), is not a multiple of $10, such dollar amount shall be rounded to the next lowest multiple of $10.
 (ii)Asset thresholdIf the $10,000,000 dollar amount in paragraph (2)(B), after being increased under subparagraph (A), is not a multiple of $10,000, such dollar amount shall be rounded to the next lowest multiple of $10,000.
 (iii)Other dollar amountsIf any dollar amount in paragraph (2) (other than the amount to which clause (ii) applies), after being increased under subparagraph (A), is not a multiple of $1,000, such dollar amount shall be rounded to the next lowest multiple of $1,000.
										(b)Statements by investors
 (1)In generalIf— (A)any person is required to file a statement under section 6039L for any period, and
 (B)fails— (i)to file such statement on or before the required filing date, or
 (ii)fails to include all of the information required to be shown on the statement or includes incorrect information,
 such person shall pay a penalty of $5,000.(2)Reduction where correction in specified periodIf any failure described in paragraph (1)(B) is corrected on or before the day 60 days after the required filing date, the penalty imposed by paragraph (1) shall be $500 in lieu of the amount determined under such paragraph.
 (3)De minimis errorsIf— (A)there are one or more such failures described in paragraph (1)(B)(ii) relating to an incorrect dollar amount, and
 (B)no single amount in error differs from the correct amount by more than $100, then no correction shall be required, and, for purposes of this section, such statement shall be treated as having been filed with all correct required information.(4)Penalty in cases of intentional disregardIf one or more failures described in paragraph (1)(B) are due to intentional disregard of the filing requirement (or the correct information reporting requirement), then, with respect to each such failure—
 (A)paragraphs (2) and (3) shall not apply, and (B)the amount of the penalty determined under paragraph (1) shall be $25,000.
									(5)Inflation adjustment
 (A)In generalIn the case of any failure relating to a statement required to be filed in a calendar year beginning after 2020, each of the dollar amounts in paragraphs (1), (2), and (4) shall be increased by an amount equal to such dollar amount multiplied by the cost-of-living adjustment determined under section 1(f)(3) for the calendar year determined by substituting calendar year 2019 for calendar year 2016 in subparagraph (A)(ii) thereof.
 (B)RoundingThe amount of any increase under subparagraph (A) shall be rounded to the nearest multiple of $100 ($10 in the case of any increase in the amount under paragraph (2))..
				(3)Clerical amendments
 (A)The table of sections for subpart A of part III of subchapter A of chapter 61 of such Code is amended by inserting after the item relating to section 6039J the following new items:
						Sec. 6039K. Returns with respect to qualified opportunity funds.
Sec. 6039L. Information on persons investing in qualified opportunity funds..
 (B)The table of sections for part II of subchapter B of chapter 68 of such Code is amended by inserting after the item relating to section 6725 the following new item:
						Sec. 6726. Failure to comply with information reporting requirements relating to qualified
			 opportunity funds..
 (4)Effective dateThe amendments made by this subsection shall apply to taxable years beginning after the date of the enactment of this Act.
				(b)Reporting of data on opportunity zone tax incentives
 (1)In generalAs soon as practical after the date of the enactment of this Act, and annually thereafter, the Secretary of the Treasury, or the Secretary’s delegate (referred to in this section as the Secretary), in consultation with the Director of the Bureau of the Census and such other agencies as the Secretary determines appropriate, shall make publicly available a report on qualified opportunity funds.
 (2)Information includedThe report required under paragraph (1) shall include the following information: (A)The number of qualified opportunity funds.
 (B)The aggregate amount of assets held in qualified opportunity funds.
 (C)The aggregate amount of investments made by qualified opportunity funds in qualified opportunity fund property across each industry class under the North American Industry Classification Code.
 (D)The percentage of census tracts designated as qualified opportunity zones that have received qualified opportunity fund investments.
 (E)For each census tract designated as a qualified opportunity zone, whether the average monthly number of full-time equivalent employees of qualified opportunity zone businesses for the preceding 12-month period is—
 (i)equal to or less than 25; (ii)greater than 25 and equal to or less than 50;
 (iii)greater than 50 and equal to or less than 75; (iv)greater than 75 and equal to or less than 100;
 (v)greater than 100 and equal to or less than 500; (vi)greater than 500 or equal to or less than 1,000; or
 (vii)greater than 1,000. (F)The percentage of the total amount of investments made by qualified opportunity funds in—
 (i)qualified opportunity zone property which is real property; and (ii)other qualified opportunity zone property.
 (G)For each census tract, the aggregate approximate number of residential units for investments made by qualified opportunity funds in real property.
 (H)The aggregate amount of investments made by qualified opportunity funds in each census tract. (3)Additional information (A)In generalBeginning with the report submitted under paragraph (1) for the 6th year after the date of the enactment of this Act, the Secretary shall include in such report the impacts and outcomes of a designation of a census tract as a qualified opportunity zone as measured by economic indicators, such as job creation, poverty reduction, new business starts, and other metrics as determined by the Secretary.
					(B)Semi-decennial information
 (i)In generalIn the case of any report submitted under paragraph (1) in the 6th year or the 11th year after the date of the enactment of this Act, the Secretary shall include the following information:
 (I)For each census tract designated as a qualified opportunity zone, a comparison (based on aggregate information) of the factors listed in clause (ii) between the 5-year period ending on the date of the enactment of Public Law 115–97 and the most recent 5-year period for which data is available.
 (II)For each census tract designated as a qualified opportunity zone, a comparison (based on aggregate information) of the factors listed in clause (ii) for the most recent 5-year period for which data is available between such census tract and any census tract that was a low-income community eligible to be designated as a qualified opportunity zone but was not so designated.
 (ii)Factors listedThe factors listed in this paragraph are the following: (I)The unemployment rate.
 (II)The number of persons working in the census tract, including the percentage of such persons who were not residents in the census tract in the preceding year.
 (III)Individual, family, and household poverty rates. (IV)Median family income of residents of the census tract.
 (V)Demographic information on residents of the census tract, including age, income, education, race, and employment.
 (VI)The average percentage of income of residents of the census tract spent on rent annually. (VII)The number of residences in the census tract.
 (VIII)The average value of residential property in the census tract. (IX)The number of affordable housing units in the census tract.
 (X)The number and percentage of residents in the census tract that were not employed for the preceding year.
 (XI)The number of new business starts in the census tract. (XII)The distribution of employees in the census tract by North American Industry Classification Code.
 (4)Protection of identifiable return informationIn making reports required under this subsection, the Secretary shall establish appropriate procedures to ensure that any amounts reported do not disclose taxpayer return information that can be associated with any particular taxpayer or competitive or proprietary information.
 (5)DefinitionsAny term used in this subsection which is also used in subchapter Z of chapter 1 of the Internal Revenue Code of 1986 shall have the meaning given such term under such subchapter.


110 HR 33 IH: Minimum Wage Fairness Act of 2007
U.S. House of Representatives
2007-01-04
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I
110th CONGRESS
1st Session
H. R. 33
IN THE HOUSE OF REPRESENTATIVES

January 4, 2007
Mr. Issa introduced the following bill; which was referred to the Committee on Education and Labor

A BILL
To provide for a credit for employers of tipped employees in determining the minimum wage required in States that require employers to pay a minimum wage at a rate higher than the Federal rate.

1.Short titleThis Act may be cited as the Minimum Wage Fairness Act of 2007.
2.Minimum Wage Tip CreditSection 3(m) of the Fair Labor Standards Act of 1938 (29 U.S.C. 203(m)) is amended—
(1)in paragraph (2), by inserting before the period the following: Provided, That the tips shall not be included as part of the wage paid to an employee to the extent they are excluded therefrom under the terms of a bona fide collective bargaining agreement applicable to the particular employee;
(2)by striking (m) Wage and inserting (m)(1) Wage;
(3)by striking (1) the cash and inserting (A) the cash;
(4)by striking (2) an additional and inserting (B) an additional; and
(5)by adding at the end the following new paragraph:

(2)Notwithstanding any other provision of this Act, any State or political subdivision of a State which, on or after the date of enactment of the Minimum Wage Fairness Act of 2007, prohibits any portion of a tipped employee’s tips from being considered as wages in determining if such tipped employee has been paid the minimum wage rate, may not establish or enforce any such law, ordinance, regulation, or order with respect to tipped employees unless such law, ordinance, regulation, or order permits a tip credit in an amount not less than an amount equal to—
(A)the cash wage paid such employee which is required under such law, ordinance, regulation, or order on the date of enactment of such Act; and
(B)an additional amount on account of tips received by such employee which amount is equal to the difference between such cash wage and the minimum wage rate in effect under such law, ordinance, regulation, or order or the minimum wage rate in effect under section 6, whichever is higher..


110 HRES 341 EH: Supporting the goals and ideals of
U.S. House of Representatives
2007-06-05
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IV
110th CONGRESS
1st Session
H. RES. 341
In the House of Representatives, U. S.,

June 5, 2007

RESOLUTION
Supporting the goals and ideals of American Eagle Day, and celebrating the recovery and restoration of the American bald eagle, the national symbol of the United States.

Whereas the bald eagle was designated as the national emblem of the United States on June 20, 1782, by our country’s Founding Fathers at the Second Continental Congress;
Whereas the bald eagle is the central image used in the Great Seal of the United States and the seals of the President and Vice President;
Whereas the image of the bald eagle is displayed in the official seal of many branches and departments of the Federal Government, including—
(1)Congress;
(2)the Supreme Court;
(3)the Department of Defense;
(4)the Department of the Treasury;
(5)the Department of Justice;
(6)the Department of State;
(7)the Department of Commerce;
(8)the Department of Homeland Security;
(9)the Department of Veterans Affairs;
(10)the Department of Labor;
(11)the Department of Health and Human Services;
(12)the Department of Energy;
(13)the Department of Housing and Urban Development;
(14)the Central Intelligence Agency; and
(15)the United States Postal Service;
Whereas the bald eagle is an inspiring symbol of the American spirit of freedom and democracy;
Whereas the image, meaning, and symbolism of the bald eagle have played a significant role in American art, music, history, literature, architecture, and culture since the founding of our Nation;
Whereas the bald eagle is featured prominently on United States stamps, currency, and coinage;
Whereas the habitat of bald eagles exists only in North America;
Whereas by 1963, the number of nesting pairs of bald eagles in the lower 48 States had dropped to about 417;
Whereas the bald eagle was first listed as an endangered species in 1967 under the Endangered Species Preservation Act, the Federal law that preceded the Endangered Species Act of 1973;
Whereas caring and concerned citizens of the United States in the private and public sectors banded together to save, and help ensure the protection of, bald eagles;
Whereas in 1995, as a result of the efforts of those caring and concerned citizens, bald eagles were removed from the endangered species list and upgraded to the less imperiled threatened species status under the Endangered Species Act of 1973;
Whereas by 2006, the number of bald eagles in the lower 48 States had increased to approximately 7,000 to 8,000 nesting pairs;
Whereas the Secretary of the Interior is likely to officially delist the bald eagle from both the endangered species and threatened species lists under the Endangered Species Act of 1973, with a final decision expected no later than June 29, 2007;
Whereas if delisted under the Endangered Species Act of 1973, bald eagles should be provided strong protection under the Bald and Golden Eagle Protection Act and the Migratory Bird Treaty Act;
Whereas bald eagles would have been permanently extinct if not for vigilant conservation efforts of concerned citizens and strict protection laws;
Whereas the dramatic recovery of the bald eagle population is an endangered species success story and an inspirational example for other wildlife and natural resource conservation efforts around the world;
Whereas the initial recovery of the bald eagle population was accomplished by the concerted efforts of numerous government agencies, corporations, organizations, and individuals; and
Whereas the sustained recovery of the bald eagle populations will require the continuation of recovery, management, education, and public awareness programs, to ensure that the populations and habitat of bald eagles will remain healthy and secure for future generations: Now, therefore, be it

That the House of Representatives—
(1)supports the goals and ideals of American Eagle Day; and
(2)encourages—
(A)educational entities, organizations, businesses, conservation groups, and government agencies with a shared interest in conserving endangered species to collaborate on education information for use in schools; and
(B)the people of the United States to observe American Eagle Day with appropriate ceremonies and other activities.

Lorraine C. Miller,Clerk.


116 HRES 100 IH: Recognizing the 100th anniversary of Easterseals, a leading advocate and service provider for children and adults with disabilities, veterans, older adults, caregivers, and their families.
U.S. House of Representatives
2019-02-05
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IV116th CONGRESS1st SessionH. RES. 100IN THE HOUSE OF REPRESENTATIVESFebruary 5, 2019Ms. Kaptur (for herself, Mr. Joyce of Ohio, Mr. Fitzpatrick, Ms. Moore, Mr. Danny K. Davis of Illinois, Mr. LaHood, Ms. Schakowsky, Mr. Pappas, Mr. Ruppersberger, Miss Rice of New York, Ms. Brownley of California, Mr. Ryan, Mr. Veasey, Ms. Clarke of New York, Mr. Turner, Mr. Bishop of Georgia, Ms. Velázquez, Ms. Norton, Ms. Eshoo, Mr. Wenstrup, Mr. Chabot, Mr. John W. Rose of Tennessee, Ms. Fudge, Mrs. Beatty, Mr. Lipinski, Mr. Gibbs, Mr. Long, Mr. Sean Patrick Maloney of New York, Mr. Rodney Davis of Illinois, Mr. McGovern, and Mr. Walden) submitted the following resolution; which was referred to the Committee on Education and Labor, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such
			 provisions as fall within the jurisdiction of the committee concernedRESOLUTIONRecognizing the 100th anniversary of Easterseals, a leading advocate and service provider for
			 children and adults with disabilities, veterans, older adults, caregivers,
			 and their families.

 Whereas, on April 22, 1919, an organization now known as Easterseals was formed to highlight and address the health care and service needs of children with disabilities;
 Whereas, in 1945, Easterseals expanded its children-focused mission by opening its programs and services to include adults to meet the emerging and increasing needs of returning World War II veterans and other adults with disabilities;
 Whereas, since its inception, Easterseals has strongly advocated for essential services and supports for individuals with disabilities and diverse needs, including by authoring a 1931 Bill of Rights for children with disabilities that led to government-funded disability services and by increasing public awareness and support through its successful seals and other national campaigns;
 Whereas Easterseals has grown from its humble Elyria, Ohio, beginnings to become a network of leading nonprofit organizations in States across the country who deliver high-quality local services and supports to help children and adults with disabilities, veterans, older adults, caregivers, and their families achieve milestones, live independently, and fully participate in their communities;
 Whereas Easterseals is a strong partner with local and State governments, the Federal Government, corporations, foundations, and other sectors to provide or connect individuals and families to early childhood education and intervention services, employment assistance and placement, transportation solutions, mental health services, respite, camping and recreation, and caregiving and aging supports; and
 Whereas, on April 22, 2019, Easterseals will celebrate 100 years as it continues the mission and commitment to service envisioned by its founder, Edgar Allen, a parent, businessman, and Rotarian who concluded that Your life and mine shall be valued not by what we take, but by what we give.: Now, therefore, be it

 That the House of Representatives recognizes Easterseals for its impact over the past 100 years in the lives of millions of Americans and for its commitment to expanding possibilities for children and adults with disabilities, veterans, seniors, and others to ensure that everyone can live, learn, work, and play in our communities.


113 HR 5410 IH: To designate the facility of the United States Postal Service located at 25 New York Avenue in Sound Beach, New York, as the “John Moerlins Post Office”.
U.S. House of Representatives
2014-09-08
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EN
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		I
		113th CONGRESS
		2d Session
		H. R. 5410
		IN THE HOUSE OF REPRESENTATIVES

			September 8, 2014
			Mr. Bishop of New York introduced the following bill; which was referred to the Committee on Oversight and Government Reform

		A BILL
		To designate the facility of the United States Postal Service located at 25 New York Avenue in
			 Sound Beach, New York, as the John Moerlins Post Office.

		1.John Moerlins Post Office
			(a)DesignationThe facility of the United States Postal Service located at 25 New York Avenue in Sound Beach, New
			 York, shall be known and designated as the John Moerlins Post Office.
			(b)ReferencesAny reference in a law, map, regulation, document, paper, or other record of the United States to
			 the facility referred to in subsection (a) shall be deemed to be a
			 reference to the John Moerlins Post Office.


113 S1857 PCS: Egypt Assistance Reform Act of 2013
U.S. Senate
2013-12-18
text/xml
EN
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IICalendar No. 267113th CONGRESS1st SessionS. 1857IN THE SENATE OF THE UNITED STATESDecember 18, 2013Mr. Menendez, from the Committee on Foreign Relations, reported the following original bill; which was read twice and placed on the calendarA BILLTo reform assistance to Egypt, and for other purposes.1.Short title; table of contents(a)Short titleThis Act may be cited as the
		  Egypt Assistance Reform Act of 2013.(b)Table of contentsThe table of contents for this Act is as follows:Sec. 1. Short title; table of contents.TITLE I—Prohibition on assistance to governments following coups d'étatSec. 101. Prohibition on assistance to governments following coups d'état.TITLE II—United States assistance for EgyptSec. 201. Suspension and reform of arms sales.Sec. 202. Suspension and reform of United States economic support to Egypt.Sec. 203. Termination.Sec. 204. Additional oversight of ongoing Egypt funding.Sec. 205. Sunset of existing authority.Sec. 206. Appropriate congressional committees defined.IProhibition on assistance to governments following coups d'état101.Prohibition on assistance to governments following coups d'état(a)In generalChapter 1 of part II of the Foreign Assistance Act of 1961 (22 U.S.C. 2301 et seq.) is amended by adding at the end  the following new section:502C.Prohibition on assistance following coups d’état(a)In generalAfter the date of the enactment of the Egypt Assistance Reform Act of 2013, except as provided  under subsection (b), no foreign assistance authorized pursuant to this Act or the Arms Export Control Act (22 U.S.C. 2751 et seq.) may be provided to the government of a foreign country, and none of the funds appropriated for such assistance shall be obligated or expended to finance directly any such assistance for such government, whose democratically elected head of government is deposed by coup d’état or decree in which the security services of that country play a decisive role.(b)ExceptionsThe prohibition in subsection (a) shall not apply to humanitarian assistance or assistance to promote democratic elections or public participation in democratic processes.(c)Determination and publication(1)In generalAfter the date of the enactment of the Egypt Assistance Reform Act of 2013, not later than 30 days after receiving credible information that the democratically elected head of a national  government may have been deposed by coup d’état or decree in which the security services of that country played a decisive role, the Secretary of State shall determine whether the democratically elected head of government was deposed by coup d’état or decree in which the security forces of that country played a decisive role.(2)Transmission of determinationA determination made under paragraph (1) shall be submitted to the appropriate congressional committees on the day that such determination is made, together with a report reviewing United States assistance programs to that country and assessing the impact on that country and on United States national security interests of a cessation of assistance restricted under subsection (a).(d)Termination of restrictionThe restriction in subsection (a) shall terminate 15 days after the Secretary of State notifies the appropriate congressional committees that a democratically elected government has taken office in such country pursuant to elections determined to be free and fair.(e)Waiver(1)In generalThe President may waive the restrictions in subsection (a) for a 180-day period if, not later than 5 days before the waiver takes effect,  the President certifies to the appropriate congressional committees that—(A)providing such assistance is in the vital national security interests of the United States, including for the purpose of combating terrorism; and(B)such foreign government is committed to restoring democratic governance and due process of law, and is taking demonstrable steps toward holding free and fair elections in a reasonable timeframe.(2)ConsultationNot later than 15 days prior to the submission of the certification required by paragraph (1), the President shall consult with the appropriate congressional committees regarding the use of the waiver authority provided under such paragraph and provide such committees a full briefing on the need for such waiver.(3)Extension of waiverThe President  may extend the effective period of a waiver under paragraph (1) for additional 180-day periods if, not later than 5 days before the extension takes effect, the President submits to the appropriate congressional committees an updated certification meeting the requirements of subparagraphs (A) and (B) of paragraph (1).(f)Reporting requirementAny certification submitted pursuant to subsection (e) shall be accompanied by a report describing the types and amounts of assistance to be provided pursuant to the waiver and the justification for the waiver, including a description and analysis of the foreign government’s commitment to restoring democratic governance and due process of law and the demonstrable steps being taken by such foreign government toward holding free and fair elections.(g)Appropriate congressional committees definedIn this section, the term appropriate congressional committees means the Committees on Foreign Relations and Appropriations of the Senate and the Committees on Foreign Affairs and Appropriations of the House of Representatives..(b)Application of coup provisionThe restrictions and exceptions under subsections (a) and (b) of section 502C of the Foreign Assistance Act of 1961, as added by subsection (a), shall apply to Fiji, Guinea-Bissau, Madagascar, and Sudan as of the date of the enactment of such section.IIUnited States assistance for Egypt201.Suspension and reform of arms sales(a)In generalThe United States Government may not license, approve, facilitate, or otherwise allow the sale, lease, transfer, retransfer, or delivery of defense articles or defense services to Egypt under section 38(a)(1) of the Arms Export Control Act (22 U.S.C. 2778(a)(1)) until  15 days after the Secretary of State submits to the appropriate congressional committees a certification that—(1)providing such assistance is in the national security interests of the United States; and(2)the Government of Egypt—(A)continues to implement the Peace Treaty between
the State of Israel and the Arab Republic of Egypt, signed at Washington, March 26, 1979;(B)is taking necessary and appropriate measures to counter terrorism, including measures to counter smuggling into the Gaza Strip by, among other measures, detecting and destroying tunnels between Egypt and the Gaza Strip and securing the Sinai peninsula;(C)is allowing the United States  Armed Forces to transit the territory of Egypt, including through the airspace and territorial waters of Egypt;(D)is supporting a transition to an inclusive civilian government by demonstrating a commitment to, and making consistent progress toward, holding regular, credible elections that are free, fair, and consistent with internationally accepted standards;(E)is respecting and protecting the political and economic freedoms of all residents of Egypt, including taking measures to address violence against women and religious minorities;(F)is respecting freedom of expression and due process of law, including respecting the rights of women and religious minorities; and(G)has continued to abide by its nuclear non-proliferation commitments as a signatory of the Treaty on the Non-Proliferation of Nuclear Weapons, done at London, Moscow, and Washington July 1, 1968, has not detonated a nuclear explosive device, and is not in material violation of IAEA safeguards.(b)ExceptionThe limitation under subsection (a) shall not apply to defense articles and defense services to be used primarily for supporting or enabling counterterrorism, border and maritime security, or special operations capabilities or operations.(c)Waiver(1)In generalThe President may waive the restrictions in subsection (a) for a 180-day period  if, not later than 15 days before the waiver takes effect, the President—(A)certifies to the appropriate congressional committees that providing such assistance is in the vital national security interests of the United States;(B)provides to such committees a report detailing the reasons for making the determination that such assistance is in the vital national security interests of the United States; and(C)submits to such committees an analysis of the degree to which providing such assistance is in the national security interests of the United States and the actions of the Government of Egypt do or do not satisfy each of the criteria contained in subparagraphs (A) through (G) of subsection (a)(2).(2)Extension of waiver(A)Fiscal years 2014 and 2015The President may extend the effective period of a waiver under paragraph (1) for the remainder of fiscal year 2014 and an additional fiscal year if the Secretary of State submits the strategy required in subsection (d) to the appropriate congressional committees and, not later than 15 days before the waiver expires, the President submits to the appropriate congressional committees an updated certification, report, and analysis that meet the requirements of subparagraphs (A), (B), and (C), respectively, of paragraph (1).(B)Subsequent fiscal yearsThe President may annually extend the effective period of a waiver under paragraph (2)(A) for an additional fiscal year if, not later than 15 days before the prior year waiver expires, the President submits to the appropriate congressional committees an updated certification, report, and analysis that meet the requirements of subparagraphs (A), (B), and (C), respectively, of paragraph (1).(d)Strategy to reform United States military assistance to Egypt(1)In generalNot  later than 90 days after the date of the  enactment of this Act, the Secretary of State shall submit to Congress a comprehensive strategy for modernizing and improving United States security cooperation with, and assistance for Egypt.  The strategy shall seek to—(A)enhance the ability of the Government of Egypt to detect, disrupt, dismantle, and defeat al Qaeda, its affiliated groups, and other terrorist organizations operating in Egypt, and to counter terrorist ideology and radicalization in Egypt;(B)improve the capacity of the Government of Egypt to prevent human trafficking and the illicit movement of terrorists, criminals, weapons, and other dangerous material across Egypt’s borders or administrative boundaries, especially through illicit points of entry into the Gaza Strip;(C)improve the Government of Egypt’s operational capabilities in  counterinsurgency, counterterrorism, and border and maritime security;(D)enhance the capacity of the Government of Egypt to gather, integrate, analyze, and share intelligence, especially with respect to the threat posed by terrorism and other illicit activity, while also ensuring a proper protection for the civil liberties of Egypt’s citizens; and(E)increase transparency, accountability to civilian authority, respect for human rights, and the rule of law within the armed forces of Egypt.(2)ElementsThe strategy required under paragraph (1) shall include the following elements:(A)A detailed assessment of the mechanism by which military assistance is provided to Egypt and whether such mechanism should be modified.(B)A detailed summary of the current balance between the levels of economic and military support provided to Egypt, including an assessment of whether funding for economic development and political assistance programs should be increased as a percentage of overall United States foreign assistance to Egypt, and an assessment of whether there should be an increased percentage of foreign military assistance focused on counterinsurgency, counterterrorism, border and maritime security and related training.(C)A process to assess whether current levels of economic and military support provided to Egypt are achieving United States  national security objectives and supporting Egypt’s transition to democracy.(D)An estimated schedule for completing the baseline conventional modernization of the armed forces of Egypt with United States-origin equipment.(E)An assessment of the extent to which the Government of Egypt is—(i)implementing the 1979 Egypt-Israel Peace Treaty;(ii)taking effective steps to combat terrorism on the Sinai Peninsula; and(iii)taking effective steps to eliminate smuggling networks and to detect and destroy tunnels between Egypt and the Gaza Strip.(F)An assessment of the abilities of the United States Government to achieve the goals set forth in the strategy if defense articles and services to Egypt are withheld.(3)Consultation requirementIn developing the strategy required under paragraph (1), the Secretary of State shall consult with, among other relevant parties, the appropriate congressional committees and the Government of Egypt.(4)Report on contractsThe Secretary of State shall submit with the strategy required under paragraph (1) a report containing—(A)a summary of all contracts with the Government of Egypt funded through United States assistance over the prior 10 years and a projection of such contracts over the next 5 years; and(B)information on any contracts or purchases made by the Government of Egypt using interest earned from amounts in an interest-bearing account for Egypt related to funds made available under section 23 of the Arms Export Control Act (22 U.S.C. 2763) and whether the use of this interest has furthered the goals described in this section.202.Suspension and reform of United States economic support to Egypt(a)In generalNo bilateral economic assistance may be made available to the Government of  Egypt  pursuant to chapter 4 of part II of the Foreign Assistance Act of 1961 (22 U.S.C. 2346 et seq.; relating to the Economic Support Fund) until 15 days after the Secretary of State  certifies to the appropriate congressional committees that—(1)providing such assistance is in the national security interest of the United States; and(2)the Government of Egypt—(A)continues to implement the  Peace Treaty between the State of Israel and the Arab Republic of Egypt, signed at Washington, March 26, 1979;(B)is supporting the transition to an inclusive civilian government by demonstrating a commitment to hold regular, credible elections that are free, fair, and consistent with internationally accepted standards;(C)is respecting and protecting the political, economic, and religious freedoms of all residents of Egypt, including taking measures to address violence against women and religious minorities;(D)is permitting nongovernmental organizations and civil society groups in Egypt to operate freely and consistent with internationally recognized standards; and(E)is demonstrating a commitment to implementing economic reforms, including reforms necessary to reduce the deficit and ensure economic stability and growth.(b)ExceptionsThe prohibition in subsection (a) shall not apply to humanitarian assistance or assistance to promote democratic elections or public participation in democratic processes.(c)Waiver(1)In generalThe President may waive the limitation under subsection (a) for a 180-day period if, not later than 15 days before the waiver takes effect, the President—(A)certifies to the appropriate congressional committees that providing such assistance is in the vital national security interests of the United States;(B)submits to such committees a report detailing the reasons for making the determination that such assistance is in the vital national security interests of the United States notwithstanding the fact that the certification required by subsection (a) cannot be made; and(C)submits to such committees an analysis of the degree to which such assistance is in the national security interests of the United States and the actions of the Government of Egypt do, or do not, satisfy the criteria in subsection (a)(2).(2)Extension of waiver(A)Fiscal years 2014 and 2015The President may extend the effective period of a waiver under paragraph (1) for the remainder of fiscal year 2014 and an additional fiscal year if the Secretary of State submits the strategy required in subsection (d) to the appropriate congressional committees and, not later than 15 days before the prior waiver expires, the President submits to the appropriate congressional committees an updated certification, report, and analysis that meet the requirements of subparagraph (A), (B), and (C), respectively, of paragraph (1).(B)Subsequent fiscal yearsThe President may annually extend the effective period of a waiver under paragraph (2)(A) for an additional fiscal year if, not later than 15 days before the prior year waiver expires, the President submits to the appropriate congressional committees an updated certification, report, and analysis that meet the requirements of subparagraph (A), (B), and (C), respectively, of paragraph (1).(d)Strategy(1)In generalNot later than 90 days after the date of the enactment of this Act,  the Secretary of State shall separately provide to Congress a comprehensive foreign assistance strategy for Egypt that—(A)addresses how United States  foreign assistance can most effectively—(i)respond to the political and economic development concerns and aspirations of the people of Egypt, and seek to advance the United States’ strategic objective of a secure, democratic, civilian-led, and prosperous Egypt that is a partner of the United States and advances peace and security in the region;(ii)support regional stability and cooperation by strengthening the political and economic relationships between Egypt and her neighbors;(iii)encourage and support efforts by the Government and people of Egypt to foster democratic norms and institutions, including rule of law, transparent and accountable governance, an independent legislature and judiciary, regular conduct of free and fair elections, an inclusive political process, and effective, law-abiding public security forces;(iv)support economic reforms by the Government of Egypt to encourage private sector-led growth and job creation, create a favorable climate for business and investment, fight corruption, and expand international trade;(v)seek to foster a vibrant civil society in Egypt, including the unencumbered operation of nongovernmental organizations, a free and independent media, respect for women, and protections for the political, economic, and religious freedoms and rights of all citizens and residents of Egypt; and(vi)seek to support security sector reform, particularly regarding civilian police forces;(B)includes an assessment of what actions the Government of Egypt has taken, in law and practice, that advance or inhibit the interests, principles, and goals described within this strategy, including the ability of Egyptian and international nongovernmental organizations to operate inside Egypt, especially for the purposes of promoting political, economic, and religious freedoms and rights, democracy, and education, and what actions the Secretary of State has taken to further the same interests, principles, and goals in Egypt;(C)is based on the best principles and practices of effective international development, the provision of matching funds by the host government, leveraging assistance for greater impact together with the private sector, and the goal of graduation from assistance;(D)includes a detailed assessment of resources and amounts that will be necessary to achieve the goals set forth in this subsection over the next five fiscal years; and(E)includes an assessment of the effects of a cessation of bilateral economic support for Egypt on the Middle East region and United States national security interests in the region.(2)Consideration of certain elementsThe strategy required by paragraph (1) shall include consideration of—(A)measures to promote and protect foreign direct investment in the economy of Egypt;(B)programs to assist regional economic engagement by the Government of  Egypt and job creation in that country through, among other things, assisting in the establishment of free trade zones in  Egypt along the Suez Canal Zone;(C)efforts to improve the  business climate in Egypt, including   by promoting United States  trade with Egypt and investment in that country; and(D)efforts to promote market-based economic reforms and to identify barriers to entry in the economy  of Egypt that prevent the efficient flow of capital, goods, and services.(3)Consultation requirementIn developing the strategy required by paragraph (1), the Secretary of State shall consult with, among other relevant parties, the appropriate congressional  committees, the Government of Egypt, political opposition groups in Egypt, private sector leaders, nongovernmental organizations, religious and secular groups, women’s organizations, and civil society groups, as well as relevant international nongovernmental organizations.(e)Funding for democracy and governance programs(1)In generalIf, in any fiscal year, bilateral economic assistance is provided to Egypt pursuant to chapter 4 of part II of the Foreign Assistance Act of 1961 (22 U.S.C. 2346 et seq.; relating to the Economic Support Fund), not less than $50,000,000 of that assistance shall be provided through the Department of State and the National Endowment for Democracy for democracy and governance programs in Egypt.(2)Additional funding if waiver authority invokedIf, in any fiscal year,  the President exercises the waiver authority under subsection (c) and bilateral economic assistance is provided to Egypt pursuant to chapter 4 of part II of the Foreign Assistance Act of 1961, not less than $25,000,000 of that assistance (in addition to the amount provided for under paragraph (1)) shall be provided through the Department of State and the National Endowment for Democracy for democracy and governance programs in Egypt.203.TerminationThe limitations under section 201 and 202 shall terminate on September 30, 2016, if the Secretary of State submits to the appropriate congressional committees a certification that the Government of Egypt—(1)continues to implement the Peace Treaty between the State of Israel and the Arab Republic of Egypt, signed at Washington, March 26, 1979;(2)is taking necessary and appropriate measures to counter terrorism, including measures to counter smuggling into the Gaza Strip by, among other measures, detecting and destroying tunnels between Egypt and the Gaza Strip and securing the Sinai peninsula;(3)is allowing the United States Armed Forces to transit the territory of Egypt, including through the airspace and territorial waters of Egypt; and(4)is supporting a transition to an inclusive civilian government by demonstrating a commitment to, and making consistent progress toward, holding regular, credible elections that are free, fair, and consistent with internationally accepted standards.204.Additional oversight of ongoing Egypt fundingSection 7041(a) of the Consolidated Appropriations Act, 2012 (Public Law 112–74; 125 Stat. 1222) is amended by striking Committees on Appropriations each place it  appears and inserting Committees on Appropriations and Foreign Relations of the Senate and the Committees on Appropriations and Foreign Affairs of the House of Representatives.205.Sunset of existing authority(a)RepealSection 7008 of the Consolidated Appropriations Act, 2012 (Public Law 112–74; 125 Stat. 1195) is hereby repealed.(b)Termination of existing restrictionsNotwithstanding any other provision of law, any restrictions on assistance to a foreign government as the result of a coup d’état that were enacted before the date of the enactment of this Act  shall  terminate as of the date of the enactment of this Act and shall no longer apply to the provision of such assistance.206.Appropriate congressional committees definedIn this title, the term appropriate congressional committees means the Committees on Foreign Relations and Appropriations of the Senate and the Committees on Foreign Affairs and Appropriations of the House of Representatives.December 18, 2013Read twice and placed on the calendar


		I
		112th CONGRESS
		2d Session
		H. R. 5955
		IN THE HOUSE OF REPRESENTATIVES

			June 18, 2012
			Ms. Kaptur (for
			 herself, Mr. Kind,
			 Ms. Pingree of Maine,
			 Mr. Hinchey,
			 Mr. Braley of Iowa,
			 Mr. Boswell,
			 Mr. Luján,
			 Mr. Butterfield,
			 Mr. Ryan of Ohio,
			 Mrs. Christensen,
			 Mr. Loebsack,
			 Ms. Lee of California,
			 Ms. Richardson,
			 Mr. Walz of Minnesota,
			 Mr. Michaud,
			 Mr. Blumenauer, and
			 Ms. Fudge) introduced the following
			 bill; which was referred to the Committee
			 on Agriculture, and in addition to the Committees on
			 Oversight and Government
			 Reform and Science,
			 Space, and Technology, for a period to be subsequently
			 determined by the Speaker, in each case for consideration of such provisions as
			 fall within the jurisdiction of the committee concerned

		A BILL
		To amend the Farm Security and Rural Investment Act of
		  2002 to improve energy programs.

		1.Short titleThis Act may be cited as the
			 Rural Energy Investment Act of
			 2012.
		2.FindingsCongress finds that—
			(1)production of
			 energy from domestic sources offers considerable economic and energy security
			 benefits to the United States, including enduring and desirable jobs;
			(2)the agricultural
			 and forestry sectors of the United States offer significant potential for
			 production of renewable energy;
			(3)both renewable
			 energy production and adoption of energy efficiency offer considerable
			 environmental benefits; and
			(4)investments in
			 energy efficiency projects and renewable energy systems in rural areas of the
			 United States provide very significant energy security, economic, and
			 environmental benefits to the entire United States in addition to the rural
			 area benefits.
			3.DefinitionsSection 9001 of the Farm Security and Rural
			 Investment Act of 2002 (7 U.S.C. 8101) is amended—
			(1)in paragraph (6)—
				(A)in subparagraph
			 (C), by striking or at the end;
				(B)in subparagraph
			 (D), by striking the period at the end and inserting ; or;
			 and
				(C)by adding at the
			 end the following new subparagraph:

						(E)renewable
				chemicals.
						;

				(2)in paragraph (7)(A), by striking and
			 biobased products and inserting , renewable chemicals, or
			 biobased products;
			(3)in paragraph (11), by inserting
			 (including a renewable chemical) after material or
			 compound;
			(4)by redesignating
			 paragraphs (13) and (14) as paragraphs (14) and (15), respectively; and
			(5)by inserting after
			 paragraph (12) the following new paragraph:

					(13)Renewable
				chemicalThe term
				renewable chemical means a monomer, polymer, plastic, formulated
				product, or chemical substance produced from renewable
				biomass.
					.
			4.Biobased markets
			 programSection 9002 of the
			 Farm Security and Rural Investment Act of 2002 (7 U.S.C. 8102) is
			 amended—
			(1)in subsection
			 (a)—
				(A)in paragraph (3),
			 by adding at the end the following new subparagraphs:

						(F)Biobased product
				designationsNot later than 1 year after the date of enactment of
				this subparagraph, the Secretary shall—
							(i)increase the
				number of categories of biobased products designated and individual biobased
				products eligible for preferred purchasing by 50 percent;
							(ii)begin to
				designate intermediate ingredients or feedstocks in the guidelines issued under
				this paragraph; and
							(iii)develop a
				recommendation for the designation of complex and finished biobased products in
				those guidelines.
							(G)Changes in
				procurement mechanisms
							(i)Electronic
				product procurement catalogsThe Secretary shall work with
				relevant officials in agencies that have electronic product procurement
				catalogs to identify and implement solutions to increase the visibility of
				biobased and other sustainable products.
							(ii)Agency-specific
				product specifications
								(I)In
				generalNot later than 1 year after the date of enactment of this
				subparagraph and every 4 years thereafter, the Secretary, in coordination with
				other appropriate officials, shall work with the senior sustainability officer
				of each agency that has established agency-specific product specifications to
				review and revise the product specifications to ensure that, to the maximum
				extent practicable, the product specifications—
									(aa)require the use
				of sustainable products, including biobased products designated in accordance
				with this section; and
									(bb)do
				not contain any language prohibiting the use of biobased products.
									(II)ReportResults
				of the reviews conducted under subclause (I) shall be reported annually to the
				Office of Management and Budget, the Office of Science and Technology Policy,
				and the appropriate committees of Congress.
								(H)Reporting
							(i)In
				generalNot later than 1 year after the date of enactment of this
				subparagraph, the Secretary and the Federal Acquisition Regulatory Council
				shall jointly propose an amendment to the Federal Acquisition Regulation to
				require reporting of biobased product purchases, to be made public on an annual
				basis.
							(ii)Reporting
				templateAfter the promulgation of the proposed amendment
				described in clause (i), the Secretary, in consultation with the Chief
				Acquisition Officers Council, shall develop and make available a reporting
				template to facilitate the annual reporting
				requirement.
							;
				and
				(B)by adding at the
			 end the following new paragraph:

						(5)ComplianceThe
				Secretary may take such action as the Secretary determines to be
				necessary—
							(A)to determine the
				compliance rate among Federal agencies in buying designated biobased products;
				and
							(B)to determine
				whether vendor and contractor claims about biobased products meeting item
				designation definitions and minimum required biobased content are
				accurate.
							;
				(2)in subsection
			 (b)—
				(A)in paragraph
			 (2)(B)—
					(i)in
			 clause (ii), by striking and at the end;
					(ii)by
			 redesignating clause (iii) as clause (iv); and
					(iii)by
			 inserting after clause (ii), the following new clause:

							(iii)encourage the purchase of products that
				apply an innovative approach to growing, harvesting, procuring, processing, or
				manufacturing biobased products regardless of the date of entry of the products
				into the marketplace.
							;

					(B)in paragraph
			 (3)—
					(i)by
			 striking (3) Use of
			 label.—The Secretary
			 and inserting the following:

							(3)Use of
				label
								(A)In
				generalThe
				Secretary
								;
				and
					(ii)by
			 adding at the end the following new subparagraph:

							(B)Auditing and
				complianceThe Secretary may carry out such auditing and
				compliance activities as the Secretary determines to be necessary to ensure
				compliance with subparagraph (A), including the imposition of a civil penalty
				of not more than $10,000 on a person who misuses the label and, after receiving
				a notice of violation, fails to take action to correct the misuse described in
				the notice.
							;
				and
					(C)by adding at the
			 end the following new paragraphs:

						(4)Forestry
				Products Laboratory coordinationIn determining which products may qualify
				to use a label under paragraph (1), the Secretary, in consultation with the
				Forest Products Laboratory, shall—
							(A)review and approve applications for
				designation as biobased products submitted by vendors or manufacturers of
				forest-related products;
							(B)expedite the approval of applications for
				designation as biobased products submitted by producers of innovative
				forest-related products resulting from technology developed by the Forest
				Products Laboratory or partners of the Laboratory; and
							(C)provide appropriate technical assistance to
				applicants, as determined by the Secretary.
							(5)Complex and
				finished productsNot later than 1 year after the date of
				enactment of this paragraph, the Secretary shall develop a recommendation for
				labeling complex and finished
				products.
						;
				(3)by redesignating
			 subsections (d) through (h) as subsections (e) through (i),
			 respectively;
			(4)by inserting after
			 subsection (c) the following new subsection:

					(d)Outreach,
				education, and promotion
						(1)In
				generalThe Secretary shall carry out a program of outreach,
				education, and promotion activities intended to increase knowledge, awareness,
				and benefits of biobased products.
						(2)Authorized
				activitiesIn carrying out this subsection, the Secretary, at a
				minimum, shall—
							(A)not later than 1
				year after the date of enactment of this paragraph, update all existing
				BioPreferred and related sustainable acquisition training materials of the
				Department;
							(B)work cooperatively
				with the senior sustainability officers and chief acquisition officers of
				Federal agencies to immediately implement such BioPreferred program agency
				education and outreach programs as are necessary to meet the requirements of
				this section;
							(C)work actively with
				groups that support employment for the blind or disabled, such as the Committee
				for Purchase From People Who Are Blind or Severely Disabled, to promote
				education and outreach regarding BioPreferred AbilityOne products to—
								(i)program,
				technical, and contracting personnel; and
								(ii)Federal agency
				purchase card holders;
								(D)conduct consumer
				education and outreach (including consumer and awareness surveys);
							(E)conduct outreach
				to and support for State and local governments interested in implementing
				biobased purchasing programs;
							(F)partner with
				industry and nonprofit groups to produce educational and outreach materials and
				conduct educational and outreach events;
							(G)sponsor special
				conferences and events to bring together buyers and sellers of biobased
				products; and
							(H)support pilot and
				demonstration
				projects.
							;
			(5)in subsection (h)
			 (as redesignated by paragraph (3)), by adding at the end the following new
			 paragraph:

					(3)Jobs creation
				research and reportNot later than 2 years after the date of
				enactment of this paragraph, the Secretary shall carry out a study, and submit
				to the President and the appropriate committees of Congress a report, on job
				creation and the economic impact associated with the biobased product industry,
				including—
						(A)the number of jobs
				in the United States originating from the biobased product industry annually
				over the preceding 10 years, including the job changes in specific
				sectors;
						(B)the dollar value
				of the domestic biobased products industry at the time of the report, including
				intermediates, feedstocks, and finished products, but excluding
				biofuels;
						(C)a forecast for
				biobased job creation potential over the next 10 years;
						(D)a forecast for
				growth in the biobased industry over the next 10 years; and
						(E)jobs data for both
				biofuels and biobased products, with data generated separately for each
				category.
						;
				and
			(6)in subsection (i)
			 (as redesignated by paragraph (3))—
				(A)in paragraph
			 (1)—
					(i)in
			 subparagraph (A), by striking and at the end;
					(ii)in
			 subparagraph (B), by striking the period at the end and inserting ;
			 and; and
					(iii)by
			 adding at the end the following new subparagraph:

							(C)$4,000,000 for
				each of fiscal years 2013 through 2017.
							;
				and
					(B)in paragraph (2),
			 by inserting and $4,000,000 for each of fiscal years 2013 through
			 2017 before the period at the end.
				5.Biorefinery
			 assistanceSection 9003 of the
			 Farm Security and Rural Investment Act of 2002 (7 U.S.C. 8103) is
			 amended—
			(1)in subsection
			 (b)(2), by inserting or a renewable chemical after
			 biofuel each place it appears in subparagraphs (A) and
			 (B);
			(2)in subsection
			 (c)(1), by inserting or renewable chemicals after
			 biofuels;
			(3)in subsection
			 (d)(2)(C)—
				(A)in clause (i), by
			 inserting or renewable chemical after biofuel;
			 and
				(B)in clause (iii),
			 by inserting or renewable chemicals after
			 biofuels;
				(4)in subsection
			 (e)(1)(C)—
				(A)in clause (i), by
			 inserting or renewable chemical after biofuel;
			 and
				(B)in clauses (iii)
			 and (vii), by inserting or renewable chemicals after
			 biofuels each place it appears; and
				(5)in subsection
			 (h)—
				(A)in paragraph
			 (1)—
					(i)in subparagraph
			 (A), by striking and at the end;
					(ii)in subparagraph
			 (B), by striking the period at the end and inserting ; and;
			 and
					(iii)by adding at the
			 end the following new subparagraph:

							(C)$75,000,000 for
				each of fiscal years 2013 through 2017.
							;
				and
					(B)in paragraph (2),
			 by inserting and $75,000,000 for each of fiscal years 2013 through
			 2017 before the period at the end.
				6.Biodiesel fuel
			 education programSection 9006
			 of the Farm Security and Rural Investment Act of 2002 (7 U.S.C. 8106) is
			 amended by striking subsection (d) and inserting the following new
			 subsection:

				(d)Funding
					(1)Mandatory
				fundingOf the funds of the Commodity Credit Corporation, the
				Secretary shall use to carry out this section $1,000,000 for each of fiscal
				years 2013 through 2017, to remain available until expended.
					(2)Discretionary
				fundingIn addition to any other funds made available to carry
				out this section, there is authorized to be appropriated to carry out this
				section $1,000,000 for each of fiscal years 2013 through
				2017.
					.
		7.Rural Energy for
			 America ProgramSection 9007
			 of the Farm Security and Rural Investment Act of 2002 (7 U.S.C. 8107) is
			 amended—
			(1)by redesignating
			 subsections (a) through (g) as subsections (b) through (h),
			 respectively;
			(2)by inserting
			 before subsection (b) (as so redesignated), the following new
			 subsection:

					(a)Agricultural
				producer definedIn this
				section, the term agricultural producer includes rural and
				non-rural agricultural
				producers.
					;
			(3)in subsection (d) (as redesignated by
			 paragraph (1))—
				(A)by striking
			 paragraph (1) and inserting the following new paragraph:

						(1)Loan guarantee
				and grant program
							(A)In
				generalIn addition to any similar authority, the Secretary shall
				provide loan guarantees and grants to agricultural producers and rural small
				businesses—
								(i)to
				purchase renewable energy systems, including—
									(I)systems that may
				be used to produce and sell electricity, such as for agricultural, and
				associated residential, purposes; and
									(II)unique components
				of renewable energy systems; and
									(ii)to make energy
				efficiency improvements.
								(B)Tiered
				application process
								(i)In
				generalIn providing loan guarantees and grants under this
				subsection, the Secretary shall use a 3-tiered application process that
				reflects the sizes of proposed projects in accordance with this
				subparagraph.
								(ii)Tier
				1The Secretary shall establish a separate application process
				for projects for which the cost of the activity funded under this subsection is
				not more than $80,000.
								(iii)Tier
				2The Secretary shall establish a separate application process
				for projects for which the cost of the activity funded under this subsection is
				greater than $80,000 but less than $200,000.
								(iv)Tier
				3The Secretary shall establish a separate application process
				for projects for which the cost of the activity funded under this subsection is
				equal to or greater than $200,000.
								(v)Application
				processThe Secretary shall establish an application, evaluation,
				and oversight process that is most simplified for tier I projects and more
				comprehensive for each subsequent
				tier.
								;
				(B)in paragraph
			 (3)—
					(i)in
			 subparagraph (A), by inserting in an amount not to exceed $100,000 per
			 grant after in the form of grants; and
					(ii)by
			 striking subparagraph (C);
					(C)in paragraph
			 (4)(C), by striking 75 percent of the cost and inserting
			 all eligible costs; and
				(D)by adding at the
			 end the following new paragraph:

						(5)RequirementIn
				carrying out this section, the Secretary shall not require a second meter for
				on-farm residential portions of rural projects connected to the
				grid.
						;
				(4)in subsection (g) (as redesignated by
			 paragraph (1))—
				(A)by striking
			 Not later and inserting the following:

						(1)In
				generalNot later
						;
				and
				(B)by adding at the
			 end the following new paragraph:

						(2)Subsequent
				reportNot later than 4 years after the date of enactment of this
				paragraph, the Secretary shall submit to Congress a report on activities
				carried out under this section, including the outcomes achieved by projects
				funded under this section.
						;
				and
				(5)in subsection (h) (as redesignated by
			 paragraph (1))—
				(A)in paragraph
			 (1)(D), by striking fiscal year 2012 and inserting each
			 of fiscal years 2012 through 2017; and
				(B)in paragraph (3),
			 by inserting and $70,000,000 for each of fiscal years 2013 through
			 2017 before the period at the end.
				8.Biomass research
			 and developmentSection 9008
			 of the Farm Security and Rural Investment Act of 2002 (7 U.S.C. 8108) is
			 amended—
			(1)by striking
			 biofuels and each place it appears in subsections (b), (c)(3),
			 (d)(2)(A), (e), and (g)(2) and inserting biofuels, renewable chemicals,
			 and;
			(2)in subsection
			 (e)—
				(A)in paragraph
			 (2)—
					(i)in subparagraph
			 (A)—
						(I)by striking
			 at prices competitive with fossil fuels and inserting and
			 biobased products; and
						(II)by inserting
			 and after the semicolon at the end;
						(ii)by striking
			 subparagraph (B);
					(iii)by redesignating
			 subparagraph (C) as subparagraph (B); and
					(iv)in subparagraph
			 (B) (as so redesignated), by inserting renewable chemicals,
			 after bioenergy,;
					(B)in paragraph
			 (3)—
					(i)in subparagraph
			 (B), in the subparagraph heading, by inserting , renewable
			 chemicals, after Biofuels; and
					(ii)by striking
			 subparagraph (C);
					(C)by striking
			 paragraph (4); and
				(D)by redesignating
			 paragraphs (5) and (6) as paragraphs (4) and (5), respectively; and
				(3)in subsection
			 (h)—
				(A)in paragraph
			 (1)—
					(i)in subparagraph
			 (C), by striking and at the end;
					(ii)in subparagraph
			 (D), by striking the period at the end and inserting ; and;
			 and
					(iii)by adding at the
			 end the following new subparagraph:

							(E)$30,000,000 for
				each of fiscal years 2013 through 2017.
							;
				and
					(B)in paragraph (2),
			 by inserting and $30,000,000 for each of fiscal years 2013 through
			 2017 before the period at the end.
				9.Rural energy
			 self-sufficiency initiativeSection 9009(d) of the Farm Security and
			 Rural Investment Act of 2002 (7 U.S.C. 8109(d)) is amended by inserting
			 and $10,000,000 for each of fiscal years 2013 through 2017
			 before the period at the end.
		10.Biomass crop
			 assistance program
			(a)DefinitionsSection 9011(a) of the Farm Security and
			 Rural Investment Act of 2002 (7 U.S.C. 8111(a)) is amended—
				(1)in paragraph (4)(B)—
					(A)in clause (i), by
			 striking or at the end;
					(B)in clause
			 (ii)—
						(i)by
			 striking has the potential to become invasive or noxious and
			 inserting species or varieties of plants that credible risk assessment
			 tools or other credible sources determine are potentially invasive;
			 and
						(ii)by
			 striking the period at the end and inserting ; or; and
						(C)by adding at the
			 end the following new clause:

							(iii)algae.
							;
					(2)in paragraph (5)(B), by striking clauses
			 (iv) and (v) and inserting the following new clauses:

						(iv)land enrolled in the environmental easement
				program established under chapter 3 of subtitle D of such title (16 U.S.C. 3839
				et seq.); or
						(v)land enrolled in
				the programs described in clauses (iii) and (iv) under a contract that expires
				at the end of fiscal year ___.
						;

				(3)in paragraph
			 (6)—
					(A)by striking
			 subparagraph (A) and inserting the following new subparagraph:

							(A)In
				generalThe term
				eligible material means the following materials:
								(i)Renewable biomass material harvested
				directly from the land, including crop residue from any crop that is eligible
				to receive payments under title I of the Food, Conservation, and Energy Act of
				2008 (7 U.S.C. 8701 et seq.).
								(ii)Material that is collected or harvested by
				the owner of such material—
									(I)directly from the National Forest System,
				Bureau of Land Management land, non-Federal land, or land owned by an
				individual Indian or Indian tribe that is held in trust by the United States
				for the benefit of the individual Indian or Indian tribe or subject to a
				restriction against alienation imposed by the United States; or
									(II)in a manner that is consistent with a
				conservation plan, a forest stewardship plan, or a plan that the Secretary
				determines is equivalent to a conservation plan or a forest stewardship plan
				and consistent with Executive Order 13112 (64 Fed. Reg. 6183; relating to
				invasive species).
									(iii)In the case of
				woody material, material that is produced on land other than contract acreage
				that—
									(I)is a byproduct of a preventative treatment
				that is removed to reduce hazardous fuel or to reduce or contain disease or
				insect infestation; and
									(II)if harvested from Federal land, is
				harvested in accordance with section 102(e) of the Healthy Forests Restoration
				Act of 2003 (16 U.S.C. 6512(e)).
									(iv)Material that is delivered to a qualified
				biomass conversion facility to be used for heat, power, biobased products,
				research, or advanced biofuels.
								;
				and
					(B)in subparagraph
			 (B)—
						(i)in
			 clause (iii), by striking or at the end;
						(ii)in
			 clause (iv), by striking the period at the end and inserting ;
			 or; and
						(iii)by
			 adding at the end the following new clause:

								(v)bagasse.
								;
				and
						(4)by adding at the
			 end the following new paragraph:

						(9)Socially
				disadvantaged farmer or rancherThe term socially disadvantaged
				farmer or rancher has the meaning given such term in section 2501(e) of
				the Food, Conservation, and Trade Act of 1990 (7 U.S.C.
				2279(e)).
						.
				(b)BCAP Project
			 AreaSection 9011(c) of the
			 Farm Security and Rural Investment Act of 2002 (7 U.S.C. 8111(c)) is
			 amended—
				(1)in paragraph
			 (2)—
					(A)in subparagraph
			 (A), by striking clause (iv) and inserting the following new clause:

							(iv)any other information about the biomass
				conversion facility or proposed biomass conversion facility that the Secretary
				determines necessary for the Secretary to be reasonably assured that the plant
				will be in operation by the date on which the eligible crops are ready for
				harvest.
							;
				and
					(B)in subparagraph
			 (B)(ix), by striking information and all that follows through
			 the period and inserting information that the Secretary determines to be
			 necessary.;
					(2)in paragraph
			 (3)—
					(A)in subparagraph
			 (B)—
						(i)in
			 clause (iii)—
							(I)in subclause (I),
			 by striking or at the end;
							(II)in subclause
			 (II), by striking or an equivalent; and at the end and inserting
			 ; or; and
							(III)by adding at the
			 end the following new subclause:

									(III)a plan that is equivalent to a conservation
				plan or a forest stewardship plan; and
									;
				and
							(ii)in
			 clause (iv), by striking the Secretary and all that follows
			 through the period and inserting that the Secretary determines to be
			 necessary.; and
						(B)in subparagraph
			 (C), in the matter preceding clause (i), by striking up to and
			 inserting not more than; and
					(3)in paragraph
			 (5)—
					(A)in subparagraph
			 (B)—
						(i)by
			 redesignating clauses (i), (ii), and (iii) as subclauses (I), (II), and (III),
			 respectively, and moving the margins of such subclauses two ems to the
			 right;
						(ii)by
			 striking (B) Amount of establishment
			 payments.—The amount
			 of and inserting the following:

								(B)Amount of
				establishment payments
									(i)In
				generalExcept as provided in
				clause (ii), the amount of
									;

						(iii)in clause (i) (as designated by clause
			 (ii)), by striking up to 75 percent and inserting not
			 more than the lesser of $500 per acre or 75 percent; and
						(iv)by
			 adding at the end the following new clause:

								(ii)Socially
				disadvantaged farmers or ranchersThe limitation on the amount of an
				establishment payment under clause (i) shall apply in the case of a socially
				disadvantaged farmer or rancher in the same manner as such limitation applies
				to any farmer or rancher under such clause except that the limitation on the
				costs of establishment applicable to a socially disadvantaged farmer or rancher
				shall be not more than the lesser of $750 per acre or 85 percent of such
				costs.
								; and

						(B)in subparagraph
			 (C)(ii), by striking subclause (V) and inserting the following new
			 subclause:

							(V)the Secretary determines a reduction is
				necessary to carry out this
				section.
							.
					(c)Assistance with
			 collection, harvest, storage, and transportationSection 9011(d) of the Farm Security and
			 Rural Investment Act of 2002 (7 U.S.C. 8111(d)) is amended—
				(1)in paragraph
			 (1)(B), by inserting before the period at the end , regardless of
			 whether the eligible material is produced on contract acreage;
			 and
				(2)in paragraph
			 (2)(B)—
					(A)by striking
			 rate of $1 and inserting rate of not more than
			 $1; and
					(B)by striking
			 $45 per ton and all that follows through the period and
			 inserting $20 per dry ton for a period of 4 years..
					(d)FundingSection 9011(f) of the Farm Security and
			 Rural Investment Act of 2002 (7 U.S.C. 8111(f)) is amended to read as
			 follows:

					(f)Funding
						(1)Mandatory
				fundingOf the funds of the Commodity Credit Corporation, the
				Secretary shall use to carry out this section $75,000,000 for each of fiscal
				years 2013 through 2017, of which not more than $15,000,000 for each fiscal
				year may be used for providing assistance with collection, harvest, storage,
				and transportation under subsection (d).
						(2)Discretionary
				fundingIn addition to any other funds made available to carry
				out this section, there are authorized to be appropriated to carry out this
				section $75,000,000 for each of fiscal years 2013 through
				2017.
						.
			(e)Conforming
			 amendments; technical corrections
				(1)Definition of
			 eligible landSection
			 9011(a)(5)(B)(ii) of the Farm Security and Rural Investment Act of 2002 (7
			 U.S.C. 8111(a)(5)(B)(ii)) is amended by inserting (7 U.S.C. 8701 et
			 seq.) after 2008.
				(2)Establishment
			 and purposeSection
			 9011(b)(2) of the Farm Security and Rural Investment Act of 2002 (7 U.S.C.
			 8111(b)(2)) is amended by inserting the before
			 collection.
				(3)Socially
			 disadvantaged farmers and ranchersSection 9011(c)(2)(B)(v)(II) of the Farm
			 Security and Rural Investment Act of 2002 (7 U.S.C. 8111(c)(2)(B)(v)(II)) is
			 amended by striking ranchers and all that follows through the
			 semicolon and inserting ranchers;.
				(4)Limitation on
			 assistance for BCAP contract acreageSection 9011(d)(3) of the Farm Security and
			 Rural Investment Act of 2002 (7 U.S.C. 8111(d)(3)) is amended by inserting
			 an before annual.
				11.Forest biomass
			 for energySection 9012(d) of
			 the Farm Security and Rural Investment Act of 2002 (7 U.S.C. 8112(d)) is
			 amended by striking 2012 and inserting
			 2017.
		12.Community wood
			 energy programSection 9013(e)
			 of the Farm Security and Rural Investment Act of 2002 (7 U.S.C. 8113(e)) is
			 amended by striking 2012 and inserting
			 2017.


113 HR 4233 IH: To authorize the President to award the Medal of Honor posthumously to Lance Corporal Jordan C. Haerter and Corporal Jonathan Yale of the Marine Corps for acts of valor during Operation Iraqi Freedom in April 2008.
U.S. House of Representatives
2014-03-13
text/xml
EN
Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

		I
		113th CONGRESS
		2d Session
		H. R. 4233
		IN THE HOUSE OF REPRESENTATIVES

			March 13, 2014
			Mr. Bishop of New York (for himself, Mr. Hurt, and Mr. Israel) introduced the following bill; which was referred to the Committee on Armed Services

		A BILL
		To authorize the President to award the Medal of Honor posthumously to Lance Corporal Jordan C.
			 Haerter and Corporal Jonathan Yale of the Marine Corps for acts of valor
			 during Operation Iraqi Freedom in April 2008.

		1.Authorization for award of the Medal of Honor to Lance Corporal Jordan C. Haerter and Corporal
			 Jonathan Yale for acts of valor during Operation Iraqi Freedom
			(a)Waiver of time limitationsNotwithstanding the time limitations specified in sections 6248 and 6250 of title 10, United States
			 Code, or any other time limitation with respect to the awarding of certain
			 medals to persons who served in the Armed Forces, the President may award
			 the Medal of Honor posthumously under section 6241 of such title to Lance
			 Corporal Jordan C. Haerter and Corporal Jonathan Yale of the Marine Corps
			 for the acts of valor during Operation Iraqi Freedom described in
			 subsection (b) for which they were originally awarded the Navy Cross.
			(b)Acts of Valor DescribedThe acts of valor referred to in subsection (a) are the actions of Lance Corporal Jordan C.
			 Haerter and Corporal Jonathan Yale on April 22, 2008, while serving as
			 Riflemen, 3d Platoon, Weapons Company, First Battalion, Ninth Marines,
			 Regimental Combat Team 1, I Marine Expeditionary Force (Forward) in
			 support of Operation Iraqi Freedom, in defending a checkpoint in Ramadi,
			 Iraq, from a suicide bomber driving a truck carrying a large quantity of
			 explosives and, at the cost of their own lives, saving the lives of more
			 than 50 Marines and Iraqi policemen.


		I
		111th CONGRESS
		2d Session
		H. R. 6457
		IN THE HOUSE OF REPRESENTATIVES

			November 29, 2010
			Mr. McDermott
			 introduced the following bill; which was referred to the
			 Committee on Ways and
			 Means

		A BILL
		To amend the Internal Revenue Code of 1986 to exclude
		  from gross income distributions from individual retirement plans during periods
		  of unemployment in 2009, 2010, and 2011.

		1.Retirement plan distributions
			 while unemployed during 2009, 2010, and 2011 excluded from gross
			 income
			(a)In
			 generalFor purposes of the
			 Internal Revenue Code of 1986, gross income shall not include any qualified
			 unemployment distribution.
			(b)Qualified
			 unemployment distribution
				(1)In
			 generalFor purposes of this section, the term qualified
			 unemployment distribution means any distribution from a qualified
			 retirement plan (as defined in section 4974(c) of such Code) after separation
			 from employment, if—
					(A)such individual
			 has received unemployment compensation for 12 consecutive weeks under any
			 Federal or State unemployment compensation law by reason of such
			 separation,
					(B)such distributions
			 are made during any taxable year during which such unemployment compensation is
			 paid or the succeeding taxable year, and
					(C)such distribution
			 is made after December 31, 2008, and before January 1, 2012.
					(2)Distributions
			 after reemploymentParagraph (1) shall not apply to any
			 distribution made after the individual has been employed for at least 60 days
			 after the separation from employment to which paragraph (1) applies.
				(3)Self-employed
			 individualsTo the extent provided in regulations by the
			 Secretary of the Treasury, a self-employed individual shall be treated as
			 meeting the requirements of paragraph (1) if, under Federal or State law, the
			 individual would have received unemployment compensation but for the fact the
			 individual was self-employed.
				(c)Effective
			 dateThis section shall apply to distributions made after
			 December 31, 2008, in taxable years ending after such date.


116 HR 5520 IH: Research and Development Tax Credit Expansion Act of 2019
U.S. House of Representatives
2019-12-19
text/xml
EN
Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I116th CONGRESS1st SessionH. R. 5520IN THE HOUSE OF REPRESENTATIVESDecember 19, 2019Mr. Neguse introduced the following bill; which was referred to the Committee on Ways and MeansA BILLTo amend the Internal Revenue Code of 1986 to expand refundability and increase simplification of the research credit for certain small businesses.
1.Short titleThis Act may be cited as the Research and Development Tax Credit Expansion Act of 2019. 2.Expansion of refundable research credit for new and small businesses (a)Doubling cap on refundable credit (1)In generalClause (i) of section 41(h)(4)(B) of the Internal Revenue Code of 1986 is amended by striking $250,000 and inserting $500,000.
(2)Adjustment for inflationParagraph (4) of section 41(h) of such Code is amended— (A)by redesignating subparagraph (C) as subparagraph (D),
(B)by redesignating clause (ii) of subparagraph (B) as subparagraph (C), and by moving such subparagraph 2 ems to the left, (C)by striking Limitations in the heading of subparagraph (B) and inserting Limitation on amount of election,
(D)by striking Amount in the heading of clause (i) of subparagraph (B) and inserting In general, and (E)by adding at the end of subparagraph (B), as amended by the preceding subparagraphs of this paragraph, the following new clause:

(ii)Adjustment for inflationIn the case of a taxable year beginning after 2020, the $500,000 amount in clause (i) shall be increased by an amount equal to— (I)such dollar amount, multiplied by
(II)the cost-of-living adjustment determined under section 1(f)(3) for the calendar year in which the taxable year begins, determined by substituting 2019 for 2016 in subparagraph (A)(ii) thereof.If any increase under the preceding sentence is not a multiple of $100, such increase shall be rounded to the nearest multiple of $100.. (3)Conforming amendmentClause (ii) of section 41(h)(5)(B) of such Code is amended by striking the $250,000 amount and inserting the amount in effect.
(b)Credit refundable against Medicare and unemployment taxes
(1)In generalParagraph (1) of section 3111(f) of the Internal Revenue Code of 1986 is amended by striking subsection (a) and inserting subsections (a) and (b) and section 3301. (2)Conforming amendments (A)Paragraph (2) of section 3111(f) of such Code is amended by striking the tax imposed by subsection (a) and inserting the sum of the taxes imposed by subsection (a), subsection (b), and section 3301.
(B)Section 3302 of such Code is amended by adding at the end the following new subsection:  (i)Credit for research expenditures of qualified small businessesAny portion of the credit under section 3111(f) which is credited under such section to the tax under section 3301 shall be treated as a credit under this section. Subsection (c) shall not apply to any such credit..
(c)Doubling eligibility thresholdSubclause (I) of section 41(h)(3)(A)(i) of the Internal Revenue Code of 1986 is amended by striking $5,000,000 and inserting $10,000,000. (d)Effective dateThe amendments made by this section shall apply to taxable years beginning after December 31, 2019.
3.Modifications to alternative simplified credit for new and small businesses
(a)In generalParagraph (4) of section 41(c) of the Internal Revenue Code of 1986 is amended by adding at the end the following new subparagraph:  (D)Special rules for qualified small businessesIn the case of a qualified small business (as defined in subsection (h)(3))—
(i)Credit rateSubparagraph (A) shall be applied by substituting 20 percent for 14 percent. (ii)Special rule for 1st year of qualified research expensesIf the taxpayer has no qualified research expenses in any taxable year preceding the taxable year for which the credit is being determined, subparagraph (B)(ii) shall be applied by substituting 20 percent for 6 percent.
(iii)Special rule for other yearsIf the taxpayer is not described in clause (ii) for the taxable year, and subparagraph (B) applies to such taxpayer for such year, at the election of the taxpayer— (I)subparagraph (B)(ii) shall be applied by substituting 10 percent for 6 percent, or
(II)subparagraph (B) shall not apply, and the average under subparagraph (A) shall be determined by disregarding any taxable year in the 3-year period described in such subparagraph in which there were no qualified research expenses.. (b)Effective dateThe amendment made by this section shall apply to taxable years beginning after December 31, 2019.


116 S4257 IS: Secure Our Transit Systems from Chinese Interference Act
U.S. Senate
2020-07-21
text/xml
EN
Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

II116th CONGRESS2d SessionS. 4257IN THE SENATE OF THE UNITED STATESJuly 21, 2020Ms. McSally introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban AffairsA BILLTo repeal the temporary exemption to the certification requirement under section 5323 of title 49, United States Code, for contracts between public transportation agencies and rolling stock manufacturers.1.Short titleThis Act may be cited as the Secure Our Transit Systems from Chinese Interference Act.2.Limitation on certain rolling stock procurementsSection 5323(u)(5) of title 49, United States Code, is amended—(1)by striking (A) Parties to executed contracts.—; and(2)by striking subparagraphs (B) and (C).