114 HR 1408 : Mortgage Servicing Asset Capital Requirements Act of 2015
U.S. House of Representatives
2015-07-15
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.

		IIB
		114th CONGRESS
		1st Session
		H. R. 1408
		IN THE SENATE OF THE UNITED STATES
		July 15, 2015Received; read twice and referred to the Committee on Banking, Housing, and Urban AffairsAN ACT
		To require certain Federal banking agencies to conduct a study of the appropriate capital
			 requirements for mortgage servicing assets for banking institutions, and
			 for other purposes.

 1.Short titleThis Act may be cited as the Mortgage Servicing Asset Capital Requirements Act of 2015. 2.Study of mortgage servicing assets (a)DefinitionsIn this section:
 (1)Banking institutionThe term banking institution means an insured depository institution, Federal credit union, State credit union, bank holding company, or savings and loan holding company.
 (2)Basel iii capital requirementsThe term Basel III capital requirements means the Global Regulatory Framework for More Resilient Banks and Banking Systems issued by the Basel Committee on Banking Supervision on December 16, 2010, as revised on June 1, 2011.
 (3)Federal banking agenciesThe term Federal banking agencies means the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the National Credit Union Administration.
 (4)Mortgage servicing assetsThe term mortgage servicing assets means those assets that result from contracts to service loans secured by real estate, where such loans are owned by third parties.
 (5)NCUA capital requirementsThe term NCUA capital requirements means the proposed rule of the National Credit Union Administration entitled Risk-Based Capital (80 Fed. Reg. 4340 (January 27, 2015)). (6)Other definitions (A)Banking definitionsThe terms bank holding company, insured depository institution, and savings and loan holding company have the meanings given those terms in section 3 of the Federal Deposit Insurance Act (12 U.S.C. 1813).
 (B)Credit union definitionsThe terms Federal credit union and State credit union have the meanings given those terms in section 101 of the Federal Credit Union Act (12 U.S.C. 1752).
					(b)Study of the appropriate capital for mortgage servicing assets
 (1)In generalThe Federal banking agencies shall jointly conduct a study of the appropriate capital requirements for mortgage servicing assets for banking institutions.
 (2)Issues to be studiedThe study required under paragraph (1) shall include, with a specific focus on banking institutions—
 (A)the risk to banking institutions of holding mortgage servicing assets; (B)the history of the market for mortgage servicing assets, including in particular the market for those assets in the period of the financial crisis;
 (C)the ability of banking institutions to establish a value for mortgage servicing assets of the institution through periodic sales or other means;
 (D)regulatory approaches to mortgage servicing assets and capital requirements that may be used to address concerns about the value of and ability to sell mortgage servicing assets;
 (E)the impact of imposing the Basel III capital requirements and the NCUA capital requirements on banking institutions on the ability of those institutions—
 (i)to compete in the mortgage servicing business, including the need for economies of scale to compete in that business; and
 (ii)to provide service to consumers to whom the institutions have made mortgage loans; (F)an analysis of what the mortgage servicing marketplace would look like if the Basel III capital requirements and the NCUA capital requirements on mortgage servicing assets—
 (i)were fully implemented; and (ii)applied to both banking institutions and nondepository residential mortgage loan servicers;
 (G)the significance of problems with mortgage servicing assets, if any, in banking institution failures and problem banking institutions, including specifically identifying failed banking institutions where mortgage servicing assets contributed to the failure; and
 (H)an analysis of the relevance of the Basel III capital requirements and the NCUA capital requirements on mortgage servicing assets to the banking systems of other significantly developed countries.
 (3)Report to congressNot later than 180 days after the date of enactment of this Act, the Federal banking agencies shall submit to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives a report containing—
 (A)the results of the study required under paragraph (1); (B)any analysis on the specific issue of mortgage servicing assets undertaken by the Federal banking agencies before finalizing regulations implementing the Basel III capital requirements and the NCUA capital requirements; and
 (C)any recommendations for legislative or regulatory actions that would address concerns about the value of and ability to sell and the ability of banking institutions to hold mortgage servicing assets.

	Passed the House of Representatives July 14, 2015.Karen L. Haas,Clerk


		I
		112th CONGRESS
		2d Session
		H. R. 6372
		IN THE HOUSE OF REPRESENTATIVES

			September 11, 2012
			Mr. Coffman of
			 Colorado introduced the following bill; which was referred to the
			 Committee on Oversight and Government
			 Reform, 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 concerned

		A BILL
		To require the Department of Veterans Affairs to consider
		  veterans before non-veterans with respect to employment in the competitive
		  service at the Department, and for other purposes.

		1.Short titleThis Act may be cited as the
			 Veterans Employment Act of 2012.
		2.Mandatory
			 consideration of veterans before non-veterans by the Department of Veterans
			 AffairsNotwithstanding any
			 other provision of law, the Department of Veterans Affairs shall consider all
			 qualified veterans for employment before any non-veteran. Among qualified
			 veterans, the Department of Veterans Affairs shall consider service-connected
			 disabilities rating of 30 percent before non service-connected disabled
			 veterans. If no veterans are qualified, the Department may hire non-veterans
			 upon transmitting certification to that effect to the Office of Personnel
			 Management.
		3.Report on veteran
			 employment in the competitive serviceNot later than April 1 of each of years 2013
			 through 2020, the Director of the Office of Personnel Management shall submit
			 an annual report to Congress with respect to veterans hiring in the competitive
			 service. Such report shall include the following:
			(1)The number of
			 veterans (as that term is defined under section 2108(1) of title 5, United
			 States Code) who also qualify as preference eligibles under section 2108(3) of
			 such title.
			(2)The number of such veterans that were
			 appointed to the competitive service during the previous year.
			(3)The success rate of employment resources,
			 including the USA Jobs and Feds Hire Vets Internet Web sites, at placing such
			 veterans in positions of employment in the competitive service, as measured by
			 the percentage of such veterans at each level of preference who—
				(A)apply for a
			 position within the competitive service using such resources; and
				(B)receive an offer
			 of employment as a result of such application.
				(4)A
			 comparison of previous year reports and hiring trends with respect to such
			 veterans.
			4.DefinitionFor purposes of this Act, the term
			 competitive service has the meaning given that term in section
			 2102 of title 5, United States Code.


110 HR 6057 IH: Polar Bear Seas Protection

U.S. House of Representatives
2008-05-14
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
		110th CONGRESS
		2d Session
		H. R. 6057
		IN THE HOUSE OF REPRESENTATIVES

			May 14, 2008
			Mr. Inslee (for
			 himself and Mr. Hinchey) introduced
			 the following bill; which was referred to the
			 Committee on Natural
			 Resources

		A BILL
		To amend the Outer Continental Shelf Lands Act to
		  prohibit preleasing, leasing, and related activities in the Beaufort and
		  Chukchi Sea Planning Areas unless certain conditions are met.

		1.Short titleThis Act may be cited as the
			 Polar Bear Seas Protection
			 Act.
		2.FindingsCongress finds the following:
			(1)Americans cherish healthy oceans and
			 wildlife that marine ecosystems support, and feel a strong moral responsibility
			 to protect these resources for the benefit of current and future
			 generations.
			(2)The marine ecosystems and coastal habitats
			 of the Beaufort and Chukchi Seas, along Alaska’s northern and northwestern
			 shores, provide habitat for a large array of wildlife, including endangered
			 bowhead whales, beluga whales, polar bears, threatened spectacled eiders,
			 threatened Steller’s eiders, walrus, seals, and fish.
			(3)These ecosystems
			 and wildlife they support are vital to the survival of the subsistence cultures
			 of the Alaska Native peoples of the North Slope and have been for thousands
			 upon thousands of years.
			(4)There is a wide
			 consensus among scientists that the Arctic is undergoing dramatic changes due
			 to climate change, and that these changes are affecting vital sea ice habitat
			 for a number of species, including polar bears, walrus, and seals.
			(5)In January 2007,
			 the United States Fish and Wildlife Service proposed listing the polar bear
			 (Ursus maritimus) as a threatened species under the Endangered Species Act of
			 1973. The polar bear depends on sea ice as a platform to hunt seals, its
			 primary food, and projected loss of sea ice due to global warming was believed
			 to jeopardize polar bears throughout their range.
			(6)On January 9, 2008, the Department of the
			 Interior missed the legal deadline to make a final rule on whether to provide
			 Endangered Species Act of 1973 protections to the polar bear.
			(7)On February 6, 2008, the Department of the
			 Interior moved forward with oil and gas leasing in the Chukchi Sea Lease Sale
			 193 area, which contains about 29.4 million acres offshore Alaska from north of
			 Point Barrow to northwest of Cape Lisburne, which is polar bear habitat.
			(8)On April 19, 2008, a United States District
			 Court Judge ruled that the Department of the Interior must make a decision on
			 whether to list the polar bear under the Endangered Species Act of 1973 by May
			 15, 2008.
			(9)In September 2007,
			 the United States Geological Survey issued a series of reports that projected
			 changes in future sea ice conditions, if realized, will result in loss of
			 approximately 2/3 of the world’s current polar bear
			 population by the middle of the 21st century and extirpation of polar bears in
			 Alaska. The agency also concluded that because the observed trajectory of
			 Arctic sea ice decline appears to be underestimated by currently available
			 models, this assessment of future polar bear status may be conservative.
			(10)While the major
			 threat to polar bears is global warming, resulting from continuing emissions of
			 green house gases, potential oil and gas development in the Beaufort and
			 Chukchi Seas poses additional risks to polar bears and other marine life in the
			 Beaufort and Chukchi Seas.
			(11)There is
			 currently no effective means to recover spilled oil in the harsh environment of
			 the Beaufort and Chukchi Seas, especially during periods of solid and broken
			 ice.
			(12)The Minerals
			 Management Service’s 2007–2012 OCS leasing plan anticipates offering 40 million
			 acres of the Chukchi Sea for lease and expanding leasing in the Beaufort Sea to
			 33 million acres. All of this area overlaps with vital polar bear
			 habitat.
			(13)In the
			 environmental impact statement for the first of five lease sales planned for
			 the current 5-year OCS leasing plan in the Arctic Ocean, Lease Sale 193 in the
			 Chukchi Sea, the Minerals Management Service concludes that the effects of a
			 large oil spill, particularly during the broken-ice period, could pose
			 significant risks to the polar bear population, and that a large oil spill
			 could have significant impacts on other marine mammals including whales and
			 walruses. In the same document the agency states that there was a lack of
			 information on marine mammal ecology, and habitat use.
			(14)In addition,
			 onshore industrial development activities necessary to support offshore oil and
			 gas development can damage important habitat and cause harmful disturbance of
			 denning polar bears, and other wildlife.
			(15)Because of the
			 threats oil and gas development poses to subsistence resources, public health,
			 and survival of their culture, tribal governments, including the Native Village
			 of Point Hope, the Native Village of Barrow, the Inupiat Community of the
			 Arctic Slope, and the Alaska Intertribal Council, have expressed opposition to
			 offshore oil and gas development in the Beaufort and Chukchi Seas.
			3.Prohibition on
			 leasing in Beaufort and Chukchi Sea planning areasSection
			 8 of the Outer Continental Shelf Lands Act (43 U.S.C. 1337) is amended by
			 adding at the end the following:

				(q)Prohibition on
				leasing in Beaufort and Chukchi Sea planning areas
					(1)The Secretary
				shall not offer for or approve leasing, preleasing, or any related activity
				(including approving any seismic activity, offering any new lease, or approving
				an exploration or development plan) within any area of the Chukchi or Beaufort
				Sea marine and coastal ecosystems until–
						(A)the National
				Research Council—
							(i)identifies missing
				information on the composition, distribution, status and ecology of the living
				marine resources in the Beaufort and Chukchi Sea marine and coastal ecosystems
				that—
								(I)focuses on the
				changes caused and likely to be caused by climate changes; and
								(II)supports the
				establishment of baseline information and the determination of the potential
				impacts, including cumulative impacts, of all oil- and gas-related activities
				on plant and animal species, marine and coastal environments, and Alaskan
				Native communities and their subsistence activities;
								(ii)reports on the
				adequacy of ongoing and completed environmental, public health, and cultural
				studies (including ongoing and completed studies conducted by the Alaska
				environmental studies program of the Minerals Management Service) in providing
				information described in clause (i); and
							(iii)submits to
				Congress a report that—
								(I)identifies missing
				information;
								(II)evaluates the
				adequacy of ongoing and completed studies; and
								(III)makes
				recommendations on any additional studies or research that are required to
				provide missing information identified pursuant to clause (i);
								(B)(i)the polar bear is listed
				as an endangered species or a threatened species under the Endangered Species
				Act of 1973 (16 U.S.C. 1531 et seq.) and critical habitat is designated for the
				species; or
							(ii)the Secretary
				publishes a determination that such a listing is not warranted;
							(C)the
				Secretary—
							(i)performs an oil
				spill response gap analysis for proposed and existing arctic oil
				operations;
							(ii)(I)using a public process that includes
				consultation with local governments, tribal governments, natural resource
				managers, and other stakeholders, sets a standard required of lessees to ensure
				that at least 85 percent of the total volume of spilled oil can be recovered
				mechanically and removed from the environment within 30 days after the initial
				release in any ice condition or season of the year;
								(II)demonstrates that the 85 percent recovery
				standard can be achieved prior to issuing any leases, and prior to approving
				any seismic exploration, exploration plans, or development and production
				plans; and
								(III)requires that the oil spill response
				gap for activities under each lease ensures 85 percent oil recovery in any
				given ice condition or season of the year;
								(iii)implements a procedure to close areas in
				whole or seasonally to oil and gas activity because of the existence of a
				response gap; and
							(iv)establishes
				requirements for installing, operating, and maintaining oil spill prevention
				systems, or institutes operating restrictions to improve safety and minimize
				spill risks; and
							(D)the Secretary
				determines that—
							(i)all
				recommendations submitted by the National Research Council report under
				subparagraph (A)(iii)(III) are implemented;
							(ii)oil and gas
				exploration and development activities can be conducted in the Beaufort and
				Chukchi Sea Planning Areas without posing a risk of substantial adverse impact
				to wildlife, or wildlife habitat and subsistence; and
							(iii)any mitigation
				measures necessary to avoid such risks are identified and the efficacy of the
				measures is established.
							(2)In this
				subsection:
						(A)The term response gap means
				a period of time during which the oil spill recovery standard established
				pursuant to paragraph (1)(C)(ii)(I) cannot be achieved.
						(B)The term
				response gap analysis means—
							(i)a calculation of the response operating
				limits of spill response systems for a set of environmental factors, such as
				wind, sea state, sea ice, and visibility, and an analysis of the frequency,
				duration, and timing of conditions that would limit a response in a particular
				location, including an assessment of local response capabilities and oil spill
				contingency plans, using a methodology that accounts for the cumulative
				interplay between factors that would cause two or more variables that are
				individually within the system’s limits to exceed those limits when
				combined;
							(ii)based on such calculation, an assessment of
				the frequency, duration, and timing of occurrence of one or more limiting
				factors or limiting combinations that may preclude achieving the oil spill
				recovery standard established pursuant to paragraph (1)(C)(ii)(I) using either
				modeled or historical environmental and climate data for a given location or
				area; and
							(iii)based on such calculation and assessment, a
				quantification of the percentage of time during which local conditions exceed
				the demonstrated limits of spill response systems to achieve achieving the oil
				spill recovery standard established pursuant to paragraph
				(1)(C)(ii)(I).
							.


114 HR 6159 IH: To amend the Internal Revenue Code of 1986 to exempt premiums paid on non-cash-value property and casualty insurance from the taxes to enforce reporting on certain foreign accounts.
U.S. House of Representatives
2016-09-22
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.

I114th CONGRESS2d SessionH. R. 6159IN THE HOUSE OF REPRESENTATIVESSeptember 22, 2016Mr. Royce (for himself and Mr. Larson of Connecticut) introduced the following bill; which was referred to the Committee on Ways and MeansA BILLTo amend the Internal Revenue Code of 1986 to exempt premiums paid on non-cash-value property and
			 casualty insurance from the taxes to enforce reporting on certain foreign
			 accounts.

		1.Exemption for premiums paid on non-cash-value property and casualty insurance from taxes to enforce
			 reporting on certain foreign accounts
 (a)In generalSection 1473(1) of such Code is amended by redesignating subparagraph (C) as subparagraph (D) and by inserting after subparagraph (B) the following new subparagraph:

					(C)Exception for premiums paid on non-cash-value property and casualty insurance
 (i)In generalSuch term shall not include any premium paid for any insurance contract if— (I)such insurance contract does not have an aggregate cash value greater than zero, and
 (II)no portion of the reserves, unearned premiums, or unpaid losses, with respect to such contract are taken into account under paragraph (1) or (2) of section 816(a).
 (ii)Cash valueThe term cash value means any amount (determined without reduction for any charge or policy loan) that— (I)is payable under the contract to any person upon surrender, termination, cancellation, or withdrawal, or
 (II)can be borrowed by any person under, or with regard to, the contract (including by pledging as collateral).
 (iii)ExceptionsNotwithstanding clause (ii), the term cash value shall not include any amount payable— (I)solely by reason of the death of an individual insured under a life insurance contract,
 (II)as a personal injury or sickness benefit or a benefit providing indemnification of an economic loss incurred upon the occurrence of the event insured against,
 (III)as a refund of a previously paid premium (less cost of insurance charges whether or not actually imposed) under an insurance contract (other than a life insurance contract) due to cancellation or termination of the contract, decrease in risk exposure during the effective period of the contract, or arising from the correction of a posting or similar error with regard to the premium for the contract,
 (IV)as a policyholder dividend (other than a termination dividend) provided that the dividend relates to an insurance contract under which the only benefits payable are described in subclause (II), or
 (V)as a return of an advance premium or premium deposit for an insurance contract for which the premium is payable at least annually if the amount of the advance premium or premium deposit does not exceed the next annual premium that will be payable under the contract..
 (b)Effective dateThe amendments made by this section shall apply to payments made after the date of the enactment of this Act.


IV
111th CONGRESS
2d Session
H. RES. 1095
In the House of Representatives, U. S.,

February 23, 2010

RESOLUTION
Electing a Minority member to a standing committee.

That the following named Member be, and is hereby, elected to the following standing committee of the House of Representatives:

 Committee on Energy and Commerce: Mr. Griffith.

Lorraine C. Miller,Clerk.


116 HR 7153 IH: Law Enforcement Identification Act
U.S. House of Representatives
2020-06-11
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 CONGRESS2d SessionH. R. 7153IN THE HOUSE OF REPRESENTATIVESJune 11, 2020Mr. Beyer (for himself, Mr. Butterfield, Ms. Norton, Mr. Raskin, Mr. Connolly, Mr. Ted Lieu of California, Mr. Brown of Maryland, and Ms. Wexton) introduced the following bill; which was referred to the Committee on the Judiciary, and in addition to the Committee on Armed Services, 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 concernedA BILLTo require Federal law enforcement officers, including contract employees, and members of the armed forces engaged in crowd control, riot control, or arrest or detainment of individuals engaged in civil disobedience, demonstrations, protests, or riots to visibly display identifying information.1.Short titleThis Act may be cited as the Law Enforcement Identification Act.2.Identifying information for Federal law enforcement officers, including contract employees, and members of the armed forces engaged in crowd control, riot control, or arrest or detainment(a)DefinitionsIn this section—(1)the term Federal law enforcement officer means— (A)an employee or officer in a position in the executive, legislative, or judicial branch of the Federal Government who is authorized by law to engage in or supervise a law enforcement function; or(B)an employee or officer of a contractor or subcontractor (at any tier) of an agency in the executive, legislative, or judicial branch of the Federal Government who is authorized by law or under the contract with the agency to engage in or supervise a law enforcement function; (2)the term law enforcement function means the prevention, detection, or investigation of, or the prosecution or incarceration of any person for, any violation of law; and (3)the term member of an armed force means a member of any of the armed forces, as defined in section 101(a)(4) of title 10, United States Code, or a member of the National Guard, as defined in section 101(3) of title 32, United States Code. (b)RequirementEach Federal law enforcement officer or member of an armed force who is engaged in any form of crowd control, riot control, or arrest or detainment of individuals engaged in an act of civil disobedience, demonstration, protest, or riot in the United States shall at all times display identifying information in a clearly visible fashion, which shall include the Federal agency, last name, and badge number of the Federal law enforcement officer or the armed force, last name, and rank of the member of an armed force, respectively.


115 HRES 1172 EH: Honoring the life of President George Herbert Walker Bush.
U.S. House of Representatives
2018-12-11
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.

IV
115th CONGRESS
2d Session
H. RES. 1172
In the House of Representatives, U. S.,

December 11, 2018

RESOLUTION
Honoring the life of President George Herbert Walker Bush.

Whereas President George Herbert Walker Bush’s lifetime record of service to the United States will continue to inspire Americans for years to come;  Whereas, after the attack on Pearl Harbor, George H.W. Bush joined the United States Naval Reserve in 1942 on his 18th birthday and became a distinguished naval aviator;
Whereas George H.W. Bush’s TBM Avenger aircraft was hit with enemy fire over Chi Chi Jima, and though the engine was ablaze, he completed his mission and escaped over water, and floated on a raft for 4 hours before being rescued;  Whereas George H.W. Bush flew 58 combat missions during the Second World War, and was awarded the Distinguished Flying Cross and the United States Navy Air Medal with 2 gold stars;
Whereas George H.W. Bush graduated from Yale University with a degree in economics, and moved his family to West Texas and embarked on a successful career in the energy industry;  Whereas, in 1966, George H.W. Bush was elected to represent Texas in the House of Representatives;
Whereas, from 1971 to 1973, George H.W. Bush served as the United States Ambassador to the United Nations;  Whereas, from 1974 to 1975, George H.W. Bush served as the Chief of the United States Liaison Office to the People’s Republic of China;
Whereas, from 1976 to 1977, George H.W. Bush served as the Director of Central Intelligence;  Whereas, from 1981 to 1989, George H.W. Bush served as the 43rd Vice President of the United States;
Whereas, from 1989 to 1993, George H.W. Bush served as the 41st President of the United States;  Whereas President George H.W. Bush provided the steady leadership needed through the fall of the Berlin Wall, the reunification of Germany, the peaceful end of the Cold War, and the collapse of the Soviet Union;
Whereas President George H.W. Bush led a coalition of 32 nations to restore Kuwait’s sovereignty following its invasion by Iraqi dictator Saddam Hussein;  Whereas President George H.W. Bush is noted for the advancement of civil rights with the signing of the Americans with Disabilities Act;
Whereas President George H.W. Bush negotiated the North American Free Trade Agreement, creating the world’s largest free trade zone;  Whereas, on January 6, 2000, President George H.W. Bush and First Lady Barbara Pierce Bush became the longest married Presidential couple, setting forth for the Nation an example of love and commitment;
Whereas, on January 10, 2009, the U.S.S. George H.W. Bush was commissioned as the 10th and final Nimitz-class carrier for the Navy, named in recognition of George H.W. Bush’s Navy service;  Whereas, in 2011, President George H.W. Bush received the Medal of Freedom, the Nation’s highest civilian award, for his life of public service and commitment to liberty;
Whereas President George H.W. Bush was a tireless advocate for volunteerism and community service, speaking in his inaugural address of a Thousand Points of Light, of all the community organizations that are spread like stars throughout the Nation, doing good;  Whereas President George H.W. Bush and Barbara Bush were strong supporters of the Bush School of Government and Public Service at Texas A&M University, established in 1997 as a component of the George H.W. Bush Presidential Library, to encourage future generations to live a life of service to others;
Whereas President George H.W. Bush, with Barbara Bush, had 6 children, 17 grandchildren, and 8 great-grandchildren, and considered Houston, Texas, his home and Walker’s Point in Kennebunkport, Maine, as his anchor to windward; and  Whereas President George H.W. Bush’s life will be remembered for civility, public service, humility, and servant leadership: Now, therefore, be it

That the House of Representatives— (1)expresses its appreciation for the profound public service of President George H.W. Bush;
(2)expresses its deep sympathy to the children of President George H.W. Bush and First Lady Barbara Bush: President George W. Bush, Jeb Bush, Neil Bush, Marvin Bush, and Dorothy Bush Koch, and to the entire family of the former President; and  (3)directs the Clerk of the House to transmit a copy of this resolution to the family of President George H.W. Bush.

Karen L. Haas,Clerk.


		I
		111th CONGRESS
		1st Session
		H. R. 3235
		IN THE HOUSE OF REPRESENTATIVES

			July 16, 2009
			Mr. Schauer
			 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 allow a
		  credit against income tax for the use of ethanol in tetra ethyl ortho silicate
		  (TEOS) production.

		1.Short titleThis Act may be cited as the
			 American Commercial Ethanol Fairness
			 Act of 2009.
		2.Credit for use of
			 ethanol in TEOS production
			(a)In
			 generalSubsection (a) of section 40 of the Internal Revenue Code
			 of 1986 (relating to alcohol used as fuel) is amended by striking the period at
			 the end of paragraph (4) and inserting , plus and by adding
			 after paragraph (4) the following new paragraph:

					(5)the ethanol in
				TEOS production
				credit.
					.
			(b)Ethanol in TEOS
			 production creditSubsection (b) of section 40 of such Code
			 (defining alcohol mixture credit, alcohol credit, and small ethanol producer
			 credit) is amended by adding at the end the following new paragraph:

					(7)Ethanol in TEOS
				production credit
						(A)In
				generalThe ethanol in TEOS production credit for any taxable
				year is 45 cents for each gallon of alcohol which is ethanol that is used by
				the taxpayer in the production of tetra ethyl ortho silicate (TEOS) which is
				sold by the taxpayer producing such chemical to any person during such taxable
				year.
						(B)Sale must be in
				trade or business, etcAlcohol used in the production of tetra
				ethyl ortho silicate (TEOS) shall be taken into account—
							(i)only if such tetra
				ethyl ortho silicate (TEOS) is manufactured in the United States,
							(ii)only if the sale
				described in subparagraph (A) is in a trade or business of the taxpayer,
				and
							(iii)for the taxable
				year in which such sale occurs.
							(C)Small credit for
				lower proof ethanolIn the case of any alcohol with a proof which
				is at least 150 but less than 190, subparagraph (A) shall be applied by
				substituting 33.33 cents for 45 cents.
						(D)Denial of double
				benefitIn determining the
				amount of the credit described in this paragraph, a taxpayer shall not take
				into account any amount of alcohol that is taken into account in determining
				the amount of a credit described in paragraph (1), (2), (4), or
				(6).
						.
			(c)Conforming
			 amendments
				(1)Section
			 40(d)(3)(A)(i) of such Code is amended by inserting other than the
			 ethanol in TEOS production credit described in subsection (b)(7) after
			 any credit, and
				(2)Section 40(d)(3)(B)(i) of such Code is
			 amended by inserting other than the ethanol in TEOS production credit
			 described in subsection (b)(7) after any credit.
				(3)The heading for
			 section 40(b) of such Code is amended by striking and small ethanol producer
			 credit and inserting small ethanol producer credit, and ethanol in
			 TEOS production credit.
				(d)Effective
			 dateThe amendments made by this section shall apply to tetra
			 ethyl ortho silicate (TEOS) sold in taxable years beginning after December 31,
			 2008.


110 HRES 1018 IH: Amending the Rules of the House of

U.S. House of Representatives
2008-03-04
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.

		IV
		110th CONGRESS
		2d Session
		H. RES. 1018
		IN THE HOUSE OF REPRESENTATIVES

			March 4, 2008
			Mr. Hill (for
			 himself, Mr. Wamp,
			 Mr. Boyd of Florida,
			 Mr. Moore of Kansas,
			 Mr. Matheson,
			 Mr. Donnelly,
			 Mr. Melancon,
			 Mr. Mahoney of Florida,
			 Mr. Sullivan,
			 Mr. Kingston,
			 Mr. Rogers of Kentucky,
			 Mr. Smith of New Jersey, and
			 Mr. Goode) submitted the following
			 resolution; which was referred to the Committee on Rules

		RESOLUTION
		Amending the Rules of the House of
		  Representatives to establish the House Ethics Commission.

	1.Establishment of the House Ethics
		CommissionThe Rules of the House of Representatives
			 are amended by redesignating rules XXVII and XXVIII as rules XXVIII and XXIX,
			 respectively, and by inserting after rule XXVI the following new rule:
			Rule XXVIIHouse Ethics Commission
					1.There is established in the House an
				independent commission to be known as the House Ethics Commission (hereinafter
				in this rule referred to as the Commission).
					2.
				(a)The Commission shall consist of 12 individuals. Three current
				Democratic Members and three former Democratic Members shall be appointed by
				the Republican leader and three current Republican Members and three former
				Republican Members by the Democratic leader. Except as provided by paragraph
				(b), the terms of all members of the Commission shall be two years and no
				member may serve for more than six years.
					(b)Of the members
				first appointed—
						(1)two appointed by
				each leader shall be for a term of two years;
						(2)two appointed by
				each leader shall be for a term of four years; and
						(3)two appointed by
				each leader shall be for a term of six years;
						as
				designated by each such leader at the time of appointment.(c)The chairman and
				the vice chairman of the Commission shall be selected by the members of the
				Commission at its first meeting. No member may serve for more than one two-year
				term as chairman and no member may serve for more than one two-year term as
				vice chairman.
					(d)(1)Only former and current
				Members of the House shall be eligible for appointment to the
				Commission.
						(2)(A)No individual who has
				been a lobbyist registered under the Lobbying Disclosure Act of 1995 or engages
				in, or is otherwise employed in, lobbying of the Congress or who is an agent of
				a foreign principal registered under the Foreign Agents Registration Act within
				the four-year period immediately preceding appointment shall be eligible for
				appointment to, or service on, the Commission.
							(B)Except as provided by subparagraph
				(a), no member of the Commission may be an elected public official or an
				officer or employee of the Government.
							(3)A vacancy on the Commission shall be
				filled in the manner in which the original appointment was made.
						(e)Members shall each
				be entitled to receive the daily equivalent of the maximum annual rate of basic
				pay in effect for Level III of the Executive Schedule for each day (including
				travel time) during which they are engaged in the actual performance of duties
				vested in the Commission.
					(f)A majority of the
				members of the Commission shall constitute a quorum.
					(g)The Commission shall meet at the call of
				the chairman or a majority of its members.
					3.The Commission is authorized—
						(1)to investigate any
				alleged violation, by a Member, officer, or employee of the House, of any law,
				rule, regulation, or other standard of conduct applicable to the conduct of
				such Member, officer, or employee in the performance of his duties or the
				discharge of his responsibilities, and after notice and hearing (unless the
				right to a hearing is waived by the Member, officer, or employee), shall report
				to the House its findings of fact and recommendations, if any, upon the final
				disposition of any such investigation, and such action as the Commission may
				deem appropriate in the circumstances;
						(2)to issue any
				letter of reproval or admonishment with respect to such an alleged
				violation;
						(3)to report to the
				appropriate Federal or State authorities any substantial evidence of a
				violation, by a Member, officer, or employee of the House, of any law
				applicable to the performance of his duties or the discharge of his
				responsibilities, which may have been disclosed in a Commission investigation;
				and
						(4)to adopt rules
				governing its procedures to provide protections to respondents comparable to
				those that were provided by clause 3 of rule XI in effect immediately before
				the amendments to such rule before the date of adoption of this rule.
						4.
				(a)The Commission or, on the
				authority of the Commission, the chairman or vice chairman, may, for the
				purpose of carrying out its duties—
						(1)hold such hearings
				and sit and act at such times and places, take such testimony, receive such
				evidence, administer such oaths; and
						(2)subject to
				paragraph (b), require, by subpoena or otherwise, the attendance and testimony
				of such witnesses and the production of such books, records, correspondence,
				memoranda, papers, and documents, as the Commission or the chairman or vice
				chairman may determine advisable.
						(b)A subpoena may be issued only under the
				signature of the chairman or the vice chairman, and may be served by any person
				designated by the chairman or the vice chairman.
					(c)Upon request of the Commission, the head of
				any agency or instrumentality of the Government shall furnish information
				deemed necessary by the panel to enable it to carry out its duties.
					5.
				(a)No report or recommendation
				relating to the official conduct of a Member, officer, or employee of the House
				shall be made by the Commission, and no investigation of such conduct shall be
				undertaken by the Commission, unless approved by the affirmative vote of a
				majority of the members of the Commission.
					(b)Except in the case
				of an investigation undertaken by the Commission on its own initiative, the
				Commission may undertake an investigation relating to the official conduct of
				an individual Member, officer, or employee of the House only—
						(1)upon receipt of a
				complaint, in writing and under oath, made by or submitted to a Member and
				transmitted to the Commission by such Member,
						(2)upon receipt of a
				complaint from the chairman of the Committee on Standards of Official Conduct,
				in writing and under oath, made by that committee, or
						(3)upon receipt of a
				complaint from four of its members of whom two are Democratic and two are
				Republican.
						(c)No investigation
				shall be undertaken by the Commission of any alleged violation of a law, rule,
				regulation, or standard of conduct not in effect at the time of the alleged
				violation.
					(d)No information or
				testimony received, or the contents of a complaint or the fact of its filing,
				shall be publicly disclosed by any member of the Commission or staff of the
				Commission unless specifically authorized in each instance by a vote of the
				Commission.
					6.The Commission may appoint and fix the
				compensation of such staff as the Commission considers necessary to perform its
				duties. The director shall be appointed jointly by the Speaker and minority
				leader and shall be paid at a rate not to exceed the rate of basic pay payable
				for Level III of the Executive Schedule.
					7.
				(a)Upon receipt by the
				Committee on Standards of Official Conduct of any report of the Commission, the
				Speaker shall have the report printed in the Congressional Record.
					(b)Within 14 calendar days after a report
				referred to in paragraph (a) is printed in the Congressional Record, that
				portion of the report recommending action by the House respecting any alleged
				violation, by a Member, officer, or employee of the House, of any law, rule,
				regulation, or other standard of conduct applicable to the conduct of such
				Member, officer, or employee in the performance of his duties or the discharge
				of his responsibilities shall be introduced (by request) in the House by the
				Speaker, for himself and the minority leader in the form of a resolution. This
				resolution shall constitute a question of privilege under rule IX. Any Member
				favoring the resolution may call it up as a question of privilege but only on
				the third day after the calendar date upon which such Member announces to the
				House his intention to do so.
					8.As used in this rule, the term
				Member means any Representative in, or Delegate or Resident
				Commissioner to, the
				Congress.
					.2.Amendments to the rules of the House to
		change the duties of the Committee on Standards of Official
		ConductClause 3 of rule XI of the Rules of the
			 House of Representatives is amended as follows:
			(1)In paragraph (a),
			 strike subparagraphs (1), (2), and (3), and redesignate subparagraphs (4), (5),
			 and (6), as subparagraphs (1), (2), and (3), respectively.
			(2)(A)Paragraph (b)(1) is
			 amended by striking (A), by striking a resolution,
			 report, recommendation, or and inserting an, and by
			 striking , or, except as provided in subparagraph (2), undertake an
			 investigation, and by striking subdivision (B).
				(B)Paragraph (b) is further amended by
			 striking subparagraphs (2), (3), (4), and (5) and by redesignating
			 subparagraphs (6) and (7) as subparagraphs (2) and (3), respectively.
				(3)Strike paragraphs
			 (j), (k), (l), (m), (n), (o), (p), and (q).
			3.Effective dateThis resolution and the amendments made by
			 it shall take effect immediately before noon January 3, 2009.


116 HR 3213 IH: To amend the Internal Revenue Code of 1986 to clarify the treatment of certain retirement plan contributions picked up by governmental employers.
U.S. House of Representatives
2019-06-11
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. 3213IN THE HOUSE OF REPRESENTATIVESJune 11, 2019Mr. David P. Roe of Tennessee (for himself, Mr. Burchett, Mr. Fleischmann, Mr. DesJarlais, Mr. Green of Tennessee, Mr. Kustoff of Tennessee, and Mr. John W. Rose of Tennessee) introduced the following bill; which was referred to the Committee on Ways and MeansA BILLTo amend the Internal Revenue Code of 1986 to clarify the treatment of certain retirement plan
			 contributions picked up by governmental employers.

		1.Clarification of treatment of certain retirement plan contributions picked up by governmental
			 employers
 (a)In generalSection 414(h)(2) of the Internal Revenue Code of 1986 is amended— (1)by striking For purposes of paragraph (1) and inserting the following:

 (A)In generalFor purposes of paragraph (1), and (2)by adding at the end the following new subparagraph:

						(B)Treatment of elections between alternative benefit formulas
 (i)In generalFor purposes of subparagraph (A), a contribution shall not fail to be treated as picked up by an employing unit merely because the employee may make an irrevocable election between the application of two alternative benefit formulas involving the same or different levels of employee contributions.
 (ii)Application to existing employeesClause (i) shall be applied without regard to whether the employee is already covered by one of the benefit formulas referred to therein..
 (b)Effective dateThe amendment made by this section shall apply to years ending after the date of the enactment of this Act.


116 HRES 1159 IH: Calling upon all candidates for Federal office to respect the American tradition of the peaceful transfer of power and reject any efforts to prevent people from exercising their right to vote.
U.S. House of Representatives
2020-09-29
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.

IV116th CONGRESS2d SessionH. RES. 1159IN THE HOUSE OF REPRESENTATIVESSeptember 29, 2020Mr. Payne (for himself, Ms. Matsui, Mr. Welch, Mr. Takano, Mr. Huffman, Ms. Lee of California, Mr. Danny K. Davis of Illinois, Mr. Meeks, Ms. Norton, Mr. Carson of Indiana, Ms. Bass, Mr. Rush, Ms. Judy Chu of California, and Ms. Speier) submitted the following resolution; which was referred to the Committee on the JudiciaryRESOLUTIONCalling upon all candidates for Federal office to respect the American tradition of the peaceful transfer of power and reject any efforts to prevent people from exercising their right to vote.Whereas the 15th Amendment guarantees the right to vote shall not be denied on account of race or color;Whereas the 19th Amendment guarantees the right to vote shall not be denied on account of sex;Whereas, in 1964, the Supreme Court of the United States held that The right to vote freely for the candidate of one’s choice is of the essence of a democratic society, and any restrictions on that right strike at the heart of representative government.;Whereas the 20th Amendment states that the term of the President ends at noon on the 20th day of January;Whereas since George Washington left office in 1797, every transfer between Presidential administrations has been peaceful;Whereas the 1876, 1888, 2000, and 2016 elections featured the winner of the popular vote losing the electoral college, but still resulted in a peaceful transfer of power;Whereas, on September 23, 2020, in response to the question Win, lose, or draw in this election, will you commit here, today, for a peaceful transferal of power after the election? President Trump responded Well, we’re going to have to see what happens. You know that. I’ve been complaining very strongly about the ballots. And the ballots are a disaster.; andWhereas when given the opportunity to clarify his statement, President Trump stated that We want to have—get rid of the ballots and you’ll have a very trans—we’ll have a very peaceful—there won’t be a transfer, frankly; there’ll be a continuation. The ballots are out of control. You know it.: Now, therefore, be itThat the House of Representatives—(1)calls upon all candidates for Federal office to respect the American tradition of the peaceful transfer of power; and(2)firmly rejects any effort to get rid of the ballots or in any way prevent people from exercising their right to vote.


		I
		111th CONGRESS
		1st Session
		H. R. 2374
		IN THE HOUSE OF REPRESENTATIVES

			May 12, 2009
			Mr. Rodriguez
			 introduced the following bill; which was referred to the
			 Committee on Financial
			 Services

		A BILL
		To amend the Fair Credit Reporting Act to make credit
		  scores available to consumers once each year free of charge and to allow
		  consumers to see the credit score used in connection with any particular
		  lending or credit decision, and for other purposes.

		1.Short titleThis Act may be cited as the
			 Credit Score Fairness Act of
			 2009.
		2.Credit
			 scores
			(a)Free annual
			 disclosureSection 609(f) of
			 the Fair Credit Reporting Act (U.S.C. 1681g) is amended by striking paragraph
			 (8) and inserting the following new paragraph:

					(8)Cost of
				disclosure
						(A)Free annual
				disclosureEach consumer
				reporting agency shall make all the information required under this subsection
				with respect to any consumer available to the consumer, upon request, once
				during any 12-month period without charge.
						(B)Fair and
				reasonable feeAfter
				providing 1 free credit score under subparagraph (A) to any consumer during any
				12-month period, a consumer reporting agency may charge such consumer a fair
				and reasonable fee, as determined by the Commission, for providing the
				information required under this subsection to the consumer during such period.
						.
			(b)Disclosure of
			 credit score used in making any consumer credit decisionSection
			 609 of the Fair Credit Reporting Act (U.S.C. 1681g) is amended by adding at the
			 end the following new subsection:

					(h)Disclosure of
				consumer credit scores by certain other creditors
						(1)In
				generalEach creditor which
				extends credit to consumers, other than a creditor to which subsection (g)
				applies with respect to credit described in paragraph (1) of such subsection,
				shall provide the following to any consumer as soon as reasonably
				practicable:
							(A)Information
				required under subsection (f)A copy of any information identified in
				subsection (f) that was obtained from a consumer reporting agency or was
				developed and used by the user of the information in making any determination
				with respect to extending credit to the consumer, including any
				consumer-specific determination to solicit or provide an application to such
				consumer, whether or not such credit was ever extended or any open end consumer
				credit plan was ever opened under which such credit would be, or would have
				been, extended.
							(B)Disclosures of
				credit scores not obtained from a consumer reporting agencyA creditor which is subject to the
				requirements of this subsection and uses a credit score, other than a credit
				score provided by a consumer reporting agency, may satisfy the obligation to
				provide a credit score by disclosing a credit score and associated key factors
				supplied by a consumer reporting agency.
							(2)Actions not
				required under this subsectionThis subsection shall not require any
				person to—
							(A)explain the
				information provided pursuant to subsection (f) of this section;
							(B)disclose any
				information other than a credit score or key factors, as defined in subsection
				(f);
							(C)disclose any credit
				score or related information obtained by the creditor after the consumer credit
				transaction has been consummated;
							(D)provide more than 1
				disclosure per credit transaction; or
							(E)provide the
				disclosure required by this subsection when another person has made the
				disclosure to the consumer for that loan transaction.
							(3)No obligation for
				content
							(A)In
				generalThe obligation of any person pursuant to this subsection
				shall be limited solely to providing a copy of the information that was
				received from the consumer reporting agency.
							(B)Limit on
				liabilityNo person shall be liable under this subsection for the
				content of that information or for the omission of any information within the
				report provided by the consumer reporting agency.
							(4)No cost to
				consumerThe information required to be disclosed under this
				subsection shall be provided without charge to the
				consumer.
						.


115 S1144 IS: Investment in New Ventures and Economic Success Today Act of 2017
U.S. Senate
2017-05-17
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.

		II
		115th CONGRESS1st Session
		S. 1144
		IN THE SENATE OF THE UNITED STATES

			May 17, 2017
			Mr. Thune (for himself and Mr. Roberts) introduced the following bill; which was read twice and referred to the Committee on Finance

		A BILL
		To amend the Internal Revenue Code of 1986 to encourage business creation by allowing faster
			 recovery of start-up and organizational expenses, to simplify accounting
			 methods for small businesses, to expand expensing and provide accelerated
			 cost recovery to encourage investment in new plants and equipment, and for
			 other purposes.

		1.Short title; amendment of 1986 Code; table of contents
			(a)Short title
 This Act may be cited as the Investment in New Ventures and Economic Success Today Act of 2017 or the INVEST Act of 2017.
 (b)Amendment of 1986 CodeExcept as otherwise expressly provided, whenever in this Act an amendment or repeal is expressed in terms of an amendment to, or repeal of, a section or other provision, the reference shall be considered to be made to a section or other provision of the Internal Revenue Code of 1986.
			(c)Table of contentsSec. 1. Short title; amendment of 1986 Code; table of contents.
					TITLE I—Start-up and organizational business expenses
					Sec. 101. Unification and expansion of deduction for start-up and organizational expenditures.
					TITLE II—Accounting methods
					Sec. 201. Modifications of gross receipts test for use of cash method of accounting by corporations
			 and partnerships.
					Sec. 202. Clarification of inventory accounting rules for small businesses.
					Sec. 203. Modification of rules for capitalization and inclusion in inventory costs of certain
			 expenses.
					Sec. 204. Increase in gross receipts test for construction contract exception to percentage of
			 completion method.
					TITLE III—Modifications of expensing and cost recovery rules
					Subtitle A—Expensing rules
					Sec. 301. Modifications of rules for expensing depreciable business assets.
					Subtitle B—Cost recovery rules
					Sec. 311. 50-percent expensing made permanent.
					Sec. 312. Modifications of treatment of certain farm property.
					Sec. 313. Secretarial requirement to reexamine economic depreciation for classes of depreciable
			 property.
					Sec. 314. Modifications to depreciation limitations on luxury automobiles and personal use
			 property.
					Sec. 315. Reduction in amortization period for intangibles.

			IStart-up and organizational business expenses
			101.Unification and expansion of
			 deduction for start-up and organizational expenditures
				(a)Unification
 (1)In generalSubsection (a) of section 195 is amended by inserting and organizational after start-up.
					(2)Organizational
 expendituresSubsection (c) of section 195 is amended by adding at the end the following new paragraph:

							(3)Organizational
 expendituresThe term organizational expenditures means any expenditure which—
 (A)is incident to the creation of a corporation or a partnership,
 (B)is chargeable to capital account, and
 (C)is of a character which, if expended incident to the creation of a corporation or a partnership having an ascertainable life, would be amortizable over such life..
 (3)Conforming amendmentSection 195(b)(1) is amended by inserting or organizational after start-up each place it appears.
					(b)Dollar
			 amounts and amortization period
					(1)Dollar amounts
 (A)IncreaseClause (ii) of section 195(b)(1)(A) is amended—
 (i)by striking $5,000 and inserting $50,000, and
 (ii)by striking $50,000 and inserting $100,000.
 (B)Adjustment for inflationParagraph (3) of section 195(b) is amended to read as follows:  (3)Adjustment for inflationIn the case of any taxable year beginning after December 31, 2018, the $50,000 and $100,000 amounts in paragraph (1)(A)(ii) shall each be increased by an amount equal to—
 (A)such dollar amount, multiplied by (B)the cost-of-living adjustment determined under section 1(f)(3) for the calendar year in which the taxable year begins, by substituting calendar year 2017 for calendar year 1992 in subparagraph (B) thereof.
									If any amount as increased under the preceding sentence is not a multiple of $1,000, such amount
			 shall be rounded to the nearest multiple of $1,000..
 (2)Amortization periodSubparagraph (B) of section 195(b)(1) is amended by striking 180-month period and inserting 120-month period. (3)Allocation of limit to initial start-up and organizational expendituresSection 195(b) is amended—
 (A)by striking If in paragraph (1) and inserting Subject to paragraph (4), if, and (B)by adding at the end the following new paragraph:

 (4)Special rules for aggregation of initial expenditures of corporations and partnershipsFor purposes of paragraph (1), if, at the time a corporation or partnership first begins the active conduct of one or more trades or businesses, a taxpayer has both start-up expenditures with respect to such trades or businesses and organizational expenditures with respect to such entity—
 (A)any election under paragraph (1) shall cover both such start-up and organizational expenditures,
 (B)the amount of the deduction under paragraph (1)(A) with respect to all such start-up and organizational expenditures shall not exceed the limitation under clause (ii) of paragraph (1)(A), and
 (C)the amount of such start-up and organizational expenditures remaining after such deduction shall be amortized under paragraph (1)(B)..
						(c)Conforming
			 amendments
 (1)(A)Part VIII of subchapter B of chapter 1 is amended by striking section 248.
 (B)Section 56(g)(4)(D)(ii) is amended by striking Sections 173 and 248 and inserting Section 173.
 (C)Section 170(b)(2)(D)(ii) is amended by striking (except section 248).
 (D)Section 312(n)(3) is amended by striking Sections 173 and 248 and inserting Sections 173 and 195.
 (E)Section 535(b)(3) is amended by striking (except section 248).
 (F)Section 545(b)(3) is amended by striking (except section 248).
 (G)Section 834(c)(7) is amended by striking (except section 248).
 (H)Section 852(b)(2)(C) is amended by striking (except section 248).
 (I)Section 857(b)(2)(A) is amended by striking (except section 248).
 (J)Section 1363(b)(3) is amended by striking section 248 and inserting section 195.
 (K)Section 1375(b)(1)(B)(i) is amended by striking (other than the deduction allowed by section 248, relating to organization expenditures).
 (L)The table of sections for part VIII of subchapter B of chapter 1 is amended by striking the item relating to section 248.
 (2)(A)Section 709 is amended to read as follows:

 709.Treatment of syndication feesNo deduction shall be allowed under this chapter to a partnership or to any partner of the partnership for any amounts paid or incurred to promote the sale of (or to sell) an interest in the partnership..
 (B)The item relating to section 709 in the table of sections for part I of subchapter K of chapter 1 is amended by striking organization and.
						(d)Clerical amendments
 (1)The heading of section 195 is amended by striking expenditures and inserting and organizational expenditures. (2)The item relating to section 195 in the table of contents of part VI of subchapter B of chapter 1 is amended to read as follows:
						Sec. 195. Start-up and organizational expenditures..
					(e)Effective
 dateThe amendments made by this section shall apply to elections which first take effect for taxable years beginning after December 31, 2017.
				IIAccounting methods
			201.Modifications of
			 gross receipts test for use of cash method of accounting by corporations
			 and partnerships
				(a)Modifications of gross receipts test
					(1)In
 generalSo much of section 448(c) as precedes paragraph (2) is amended to read as follows:  (c)Gross receipts test (1)In generalA corporation or partnership meets the gross receipts test of this subsection for any taxable year if the average annual gross receipts of such entity for the 3-taxable-year period ending with the taxable year which precedes such taxable year does not exceed the applicable dollar limit.
								.
 (2)Applicable dollar limitSubsection (c) of section 448 is amended by adding at the end the following new paragraph:

							(4)Applicable dollar limit
 (A)In generalThe applicable dollar limit is $15,000,000. (B)Adjustment for inflationIn the case of any taxable year beginning after December 31, 2018, the $15,000,000 amount under subparagraph (A) 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, by substituting calendar year 2017 for calendar year 1992 in subparagraph (B) thereof.
									If any amount as increased under the preceding sentence is not a multiple of $1,000, such amount
			 shall be rounded to the nearest multiple of $1,000..
 (3)Change in method of accountingParagraph (7) of section 448(d) is amended— (A)by striking In the case of and all that follows up to subparagraph (A) and inserting: If a taxpayer changes its method of accounting because the taxpayer is prohibited from using the cash receipts and disbursement method of accounting by reason of subsection (a) or is no longer prohibited from using such method by reason of such subsection—, and
 (B)by inserting and at the end of subparagraph (A), by striking , andat the end of subparagraph (B) and inserting a period, and by striking subparagraph (C). (4)Conforming amendments (A)Paragraph (3) of section 448(b) is amended to read as follows:

 (3)Entities satisfying gross receipts testParagraphs (1) and (2) of subsection (a) shall not apply to any corporation or partnership for any taxable year if such entity meets the gross receipts test of subsection (c) for the taxable year..
 (B)Clause (iii) of section 172(b)(1)(E) is amended by inserting , applied by substituting $5,000,000 for the applicable dollar limit in paragraph (1) thereof, after section 448(c).
						(b)Application of modifications to farming corporations
 (1)In generalParagraph (1) of section 447(d) is amended to read as follows:  (1)In generalA corporation meets the requirements of this subsection for any taxable year with respect to its gross receipts if the corporation meets the gross receipts test of section 448(c) for the taxable year.
							.
 (2)Family corporationsParagraph (2) of section 447(d) is amended— (A)by striking subparagraph (A) and inserting the following:

 (A)In generalIn the case of a family corporation, in applying section 448(c) for purposes of paragraph (1)— (i)paragraph (1) of section 448(c) shall be applied by substituting the applicable family corporation limit for the applicable dollar limit, and
 (ii)the rules of subparagraph (B) shall apply in computing gross receipts., (B)Clause (i) of section 447(d)(2)(B) is amended by striking the last sentence of paragraph (1) and inserting paragraph (2) of section 448(c), and
 (C)by adding at the end the following new subparagraph:  (D)Applicable family corporation limit (i)In generalThe applicable family corporation limit is $25,000,000.
 (ii)Adjustment for inflationIn the case of any taxable year beginning after December 31, 2018, the $25,000,000 amount under 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, by substituting calendar year 2017 for calendar year 1992 in subparagraph (B) thereof.
										If any amount as increased under the preceding sentence is not a multiple of $1,000, such amount
			 shall be rounded to the nearest multiple of $1,000..
 (3)Change in method of accountingSection 447(f) is amended— (A)by striking In the case of and all that follows up to paragraph (1) and inserting: If a taxpayer changes its method of accounting because the taxpayer is required to use an accrual method of accounting by reason of subsection (a) or is no longer required to use such method by reason of such subsection—, and
 (B)by striking paragraph (2) and inserting:  (2)such change shall be treated as initiated by the taxpayer, and
								.
 (c)Effective dateThe amendments made by this section shall apply to taxable years beginning after December 31, 2017.
				202.Clarification of
			 inventory accounting rules for small businesses
				(a)Clarification of inventory rules
					(1)In
 generalSection 471 is amended by redesignating subsection (c) as subsection (d) and by inserting after subsection (b) the following new subsection:

							(c)Small business
				taxpayers not required To use inventories
								(1)In
 generalA qualified taxpayer shall not be required to use inventories under this section for a taxable year.
								(2)Treatment of
 taxpayers not using inventoriesA qualified taxpayer who is not required under this subsection to use inventories with respect to any property for a taxable year beginning after December 31, 2017, may treat such property as an incidental material or supply for such taxable year.
								(3)Qualified
 taxpayerFor purposes of this subsection, the term qualified taxpayer means, with respect to any taxable year, a taxpayer who meets the gross receipts test of section 448(c) for the taxable year. Such term shall not include a tax shelter prohibited from using the cash receipts and disbursements method of accounting under section 448(a)(3).
 (4)Coordination with section 481If a taxpayer changes its method of accounting because the taxpayer is not required to use inventories by reason of paragraph (1) or is required to use inventories because such paragraph no longer applies to the taxpayer—
 (A)such change shall be treated as initiated by the taxpayer, and
 (B)such change shall be treated as made with the consent of the Secretary..
 (2)Conforming amendmentSubsection (c) of section 263A is amended by adding at the end the following new paragraph:

 (8)Exclusion from inventory rulesNothing in this section shall require the use of inventories for any taxable year by a qualified taxpayer (within the meaning of section 471(c)(3)) who is not required to use inventories under section 471 for such taxable year..
 (b)Effective dateThe amendments made by this section shall apply to taxable years beginning after December 31, 2017.
				203.Modification of rules for capitalization and inclusion in inventory costs of certain expenses
 (a)Gross receipts exception To apply to property produced by the taxpayerSection 263A(b) is amended by striking all that follows paragraph (1) and inserting the following new paragraphs:

 (2)Property acquired for resaleReal or personal property described in section 1221(a)(1) which is acquired by the taxpayer for resale.
 (3)Exception for small businessesThis section shall not apply to any property produced or acquired by the taxpayer during any taxable year if the taxpayer is a qualified taxpayer (as defined in section 471(c)(3)) for the taxable year.
 (4)Films, sound recordings, books, etcFor purposes of this subsection, the term tangible personal property shall include a film, sound recording, video tape, book, or similar property. (5)Coordination with section 481If a taxpayer changes its method of accounting because this section does not apply to the taxpayer by reason of the exception under paragraph (3) or this section applies to the taxpayer because such exception no longer applies to the taxpayer—
 (A)such change shall be treated as initiated by the taxpayer, and
 (B)such change shall be treated as made with the consent of the Secretary..
 (b)Effective dateThe amendments made by this section shall apply to taxable years beginning after December 31, 2017. 204.Increase in gross receipts test for construction contract exception to percentage of completion method (a)Increase (1)In generalClause (ii) of section 460(e)(1)(B) is amended to read as follows:

 (ii)who meets the gross receipts test of section 448(c) for the taxable year in which such contract is entered into..
					(2)Conforming amendments
 (A)Paragraph (2) of section 460(e) is amended to read as follows:  (2)Additional rules for determining gross receiptsFor purposes of paragraph (1)(B)(ii), the Secretary shall prescribe regulations which provide attribution rules similar to section 448(c) and which take into account gross receipts of taxpayers who engage in construction contracts through partnerships, joint ventures, and corporations and which would otherwise not be taken into account under such section..
 (B)Section 460(e) is amended by striking paragraph (3) and by redesignating paragraphs (4) through (6) as paragraphs (3) through (5), respectively.
 (C)The last sentence of section 56(a)(3) is amended by striking section 460(e)(6) and inserting section 460(e)(5). (b)Coordination with section 481Section 460(e), as amended by subsection (a), is amended by adding at the end the following:

 (6)Coordination with section 481If a taxpayer changes its method of accounting because subsections (a), (b), and (c) (1) and (2) do not apply by reason of the exception under paragraph (1)(B) or such subsections apply to the taxpayer because such exception no longer applies to the taxpayer—
 (A)such change shall be treated as initiated by the taxpayer,
 (B)such change shall be treated as made with the consent of the Secretary, and
 (C)such change shall be permitted only on a cut-off basis and no adjustments under section 481(a) shall be made..
 (c)Effective dateThe amendment made by this section shall apply to contracts entered into after December 31, 2017, in taxable years ending after such date.
				IIIModifications of expensing and cost recovery rules
			AExpensing rules
				301.Modifications of rules for expensing depreciable business
			 assets
					(a)Increase in limitation
						(1)Dollar
 limitationSection 179(b)(1) by striking $500,000 and inserting $2,000,000.
						(2)Reduction in
 limitationSection 179(b)(2) is amended by striking $2,000,000 and inserting $3,000,000.
						(3)Inflation adjustments
 (A)In generalSubparagraph (A) of section 179(b)(6) is amended— (i)by striking 2015 and inserting 2018, and
 (ii)by striking calendar year 2014 in clause (ii) and inserting calendar year 2017. (B)Sport utility vehiclesSection 179(b)(6) is amended—
 (i)by striking paragraphs (1) and (2) in subparagraph (A) and inserting paragraphs (1), (2), and (5)(A), and (ii)by inserting (($100 in the case of any increase in the amount under paragraph (5)(A)) after $10,000 in subparagraph (B).
								(b)Section 179 property To include qualified real property
 (1)In generalSubparagraph (B) of section 179(d)(1) is amended to read as follows:  (B)which is—
 (i)section 1245 property (as defined in section 1245(a)(3)), or (ii)qualified real property (as defined in subsection (f)), and.
 (2)Qualified real property definedSection 179(f) is amended to read as follows:  (f)Qualified real propertyFor purposes of this subsection, the term qualified real property means—
 (1)any qualified improvement property described in section 168(k)(3), and (2)any of the following improvements to nonresidential real property placed in service after the date such property was first placed in service:
 (A)Roofs. (B)Heating, ventilation, and air-conditioning property.
 (C)Fire protection and alarm systems. (D)Security systems..
 (c)Repeal of exclusion for certain propertyThe last sentence of section 179(d)(1) is amended by inserting (other than paragraph (2) thereof) after section 50(b). (d)Effective dateThe amendments made by this section shall apply to property placed in service in taxable years beginning after December 31, 2017.
					BCost recovery rules
				311.50-percent expensing made permanent
 (a)In generalSection 168(k)(2) is amended to read as follows:  (2)Qualified propertyFor purposes of this subsection—
 (A)In generalThe term qualified property means property— (i)(I)to which this section applies which has a recovery period of 20 years or less,
 (II)which is computer software (as defined in section 167(f)(1)(B)) for which a deduction is allowable under section 167(a) without regard to this subsection,
 (III)which is water utility property, or (IV)which is qualified improvement property, and
 (ii)the original use of which commences with the taxpayer. (B)Exception for alternative depreciation propertyThe term qualified property shall not include any property to which the alternative depreciation system under subsection (g) applies, determined—
 (i)without regard to paragraph (7) of subsection (g) (relating to election to have system apply), and (ii)after application of section 280F(b) (relating to listed property with limited business use).
									(C)Special rules
 (i)Sale-leasebacksFor purposes of clause (ii) and subparagraph (A)(ii), if property is— (I)originally placed in service by a person, and
 (II)sold and leased back by such person within 3 months after the date such property was originally placed in service,
										such property shall be treated as originally placed in service not earlier than the date on which
 such property is used under the leaseback referred to in subclause (II).(ii)SyndicationFor purposes of subparagraph (A)(ii), if— (I)property is originally placed in service by the lessor of such property,
 (II)such property is sold by such lessor or any subsequent purchaser within 3 months after the date such property was originally placed in service (or, in the case of multiple units of property subject to the same lease, within 3 months after the date the final unit is placed in service, so long as the period between the time the first unit is placed in service and the time the last unit is placed in service does not exceed 12 months), and
 (III)the user of such property after the last sale during such 3-month period remains the same as when such property was originally placed in service,
										such property shall be treated as originally placed in service not earlier than the date of such
 last sale.(D)Coordination with section 280FFor purposes of section 280F— (i)AutomobilesIn the case of a passenger automobile (as defined in section 280F(d)(5)) which is qualified property, the Secretary shall increase the limitation under section 280F(a)(1)(A)(i) to an amount equal to the lesser of—
 (I)50 percent of the adjusted basis of such automobile, or (II)$25,000.
 (ii)Listed propertyThe deduction allowable under paragraph (1) shall be taken into account in computing any recapture amount under section 280F(b)(2).
 (iii)Inflation adjustmentIn the case of any taxable year beginning in a calendar year after 2018, the $25,000 amount in clause (i) shall be increased by an amount equal to—
 (I)such dollar amount, multiplied by (II)the automobile price inflation adjustment determined under section 280F(d)(7)(B)(i) for the calendar year in which such taxable year begins by substituting 2017 for 1987 in subclause (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.(E)Deduction allowed in computing minimum taxFor purposes of determining alternative minimum taxable income under section 55, the deduction under section 167 for qualified property shall be determined without regard to any adjustment under section 56..
					(b)Conforming amendments
						(1)Amendments related to 50-percent expensing
 (A)Each of the following provisions are amended by striking (2)(F) each place it appears and inserting (2)(D): (i)Subparagraphs (A)(i), (B)(i), and (D)(ii)(I) of section 168(k)(4).
 (ii)Section 168(k)(7). (B)Section 168(k)(5) is amended—
 (i)in subparagraph (A)— (I)by striking before January 1, 2020, and
 (II)by striking before such date, (ii)in subparagraph (B)(ii)—
 (I)by inserting crop or after will have more than one, and (II)by inserting a marketable crop or yield of after begins bearing,
 (iii)by striking (2)(G) in subparagraph (E) and inserting (2)(E), and (iv)by striking subparagraph (F).
 (C)Section 168(k), as amended by subparagraphs (A)(ii) and (D), is amended by striking paragraph (6) and by redesignating paragraph (7) as paragraph (6).
 (D)Section 168(k)(7), as in effect before the amendments made by subparagraphs (A)(ii) and (C), is amended by striking paragraphs (1) and (2)(F) and inserting paragraphs (1), (2)(F), and (4).
 (E)Section 168(k) is amended by striking acquired after December 31, 2007, and before January 1, 2020 in the heading thereof. (F)Subsections (e)(7)(B), (k)(4), (l)(3)(A), (m)(2)(B)(i), and (n)(2)(B)(i) of section 168 are each amended by striking bonus depreciation each place it appears in the text and headings thereof and inserting 50-percent expensing.
							(2)Other conforming amendments
 (A)Section 168(l)(3)(B) is amended by striking subsection (k)(2)(D) and inserting subsection (k)(2)(B).
 (B)Section 168(l)(4) is amended by striking subsection (k)(2)(E) and inserting subsection (k)(2)(C). (C)Section 168(l)(5) is amended by striking subsection (k)(2)(G) and inserting subsection (k)(2)(E).
 (D)Section 460(c)(6)(B) is amended by striking which— and all that follows and inserting which has a recovery period of 7 years or less.. (c)Effective dates (1)In generalThe amendments made by this section shall apply to property placed in service after December 31, 2017, in taxable years ending after such date.
						(2)Certain technical corrections
 (A)The amendments made by subsection (b)(1)(B)(ii) shall apply to specified plants planted or grafted after December 31, 2015.
 (B)The amendment made by subsection (b)(1)(D) shall apply to property placed in service after December 31, 2015, in taxable years ending after such date.
							312.Modifications of treatment of certain farm property
 (a)Treatment of certain farm property as 5-Year propertyClause (vii) of section 168(e)(3)(B) is amended by striking after December 31, 2008, and which is placed in service before January 1, 2010. (b)Repeal of required use of 150-Percent declining balance methodSection 168(b)(2) is amended by striking subparagraph (B) and by redesignating subparagraphs (C) and (D) as subparagraphs (B) and (C), respectively.
 (c)Effective dateThe amendments made by this section shall apply to property placed in service after December 31, 2017, in taxable years ending after such date.
					313.Secretarial requirement to reexamine economic depreciation for classes of depreciable property
 (a)In generalParagraph (1) of section 168(i) is amended to read as follows:  (1)Class life (A)In generalExcept as provided in this section, the term class life means the class life (if any) which would be applicable with respect to any property as of January 1, 1986, under subsection (m) of section 167 (determined without regard to paragraph (4) and as if the taxpayer had made an election under such subsection). The reference in this paragraph to subsection (m) of section 167 shall be treated as a reference to such subsection as in effect on the day before the date of the enactment of the Revenue Reconciliation Act of 1990.
								(B)Secretarial authority to modify Rev. Proc. 87–56
 (i)In generalThe Secretary, through the Office of Tax Analysis and in consultation with the Bureau of Economic Analysis of the Department of Commerce, shall conduct an on-going study to—
 (I)determine, and develop a schedule of, the economic depreciation of the major categories of depreciable property (other than specified property) to approximate constant straight-line depreciation, and
 (II)develop recommendations regarding the proper economic depreciation for specified property. (ii)ReportNot later than December 31, 2020, and not less frequently than every 5 years after such date, the Secretary shall submit to the Committee on Finance of the Senate and to the Committee on Ways and Means of the House of Representatives—
 (I)any schedule developed under clause (i)(I), and (II)any recommendations developed under clause (i)(II).
 (iii)Effective date of schedulesAny schedule developed under clause (i)(I) and submitted to Congress under clause (ii) shall take effect with respect to property placed in service on or after first day of the first calendar year beginning at least 1 year after the date such schedule is submitted.
 (C)Treatment under Congressional Review ActFor purposes of applying chapter 8 of title 5, United States Code, any schedule developed and submitted under subparagraph (B) shall be treated as a major rule.
 (D)Specified propertyFor purposes of subparagraph (B), the term specified property means— (i)any property which is classified under subsection (e)(3) (other than subparagraph (C)(v) thereof), or
 (ii)any nonresidential real property, residential rental property, railroad grading or tunnel bore, or water utility property..
 (b)Effective dateThe amendment made by this section shall take effect on the date of the enactment of this Act. 314.Modifications to depreciation limitations on luxury automobiles and personal use property (a)Luxury automobiles (1)In general280F(a)(1)(A) is amended—
 (A)by striking $2,560 in clause (i) and inserting $10,000, (B)by striking $4,100 in clause (ii) and inserting $16,000,
 (C)by striking $2,450 in clause (iii) and inserting $9,600, and (D)by striking $1,475 in clause (iv) and inserting $5,760.
							(2)Conforming amendments
 (A)Clause (ii) of section 280F(a)(1)(B) is amended by striking $1,475 in the text and heading and inserting $5,760. (B)Paragraph (7) of section 280F(d) is amended—
 (i)by striking 1988 in subparagraph (A) and inserting 2018, and (ii)by striking 1987 in subparagraph (B)(i)(II) and inserting 2017.
								(b)Removal of computer equipment from listed property
 (1)In generalSection 280F(d)(4)(A) is amended by inserting and at the end of clause (iii) and by striking clause (iv). (2)Conforming amendmentSection 280F(d)(4) is amended by striking subparagraph (B) and by redesignating subparagraph (C) as subparagraph (B).
 (c)Effective dateThe amendments made by this section shall apply to property placed in service after December 31, 2017, in taxable years ending after such date.
					315.Reduction in amortization period for intangibles
 (a)In generalSection 197(a) is amended by adding at the end the following new sentence: In the case of such an intangible acquired after the date of the enactment of the INVEST Act of 2017, the preceding sentence shall be applied by substituting 10-year period for 15-year period.. (b)Application of anti-Churning rulesSection 197(f)(9) is amended by adding at the end the following:

 (G)Application to INVEST Act changesIf subparagraph (A) or (F) would apply to any section 197 intangible if— (i)the date of the enactment of the INVEST Act of 2017 were substituted for the date of the enactment of this section each place it appears in each such subparagraph, and
 (ii)May 17, 2017 were substituted for July 25, 1991 each place it appears in subparagraph (A), then the last sentence of subsection (a) (relating to 10-year amortization) shall not apply to the transferee of such intangible.. (c)Conforming amendmentSection 197(e)(4)(D)(i) is amended by inserting (10 years in the case of a right acquired after the date of the enactment of the INVEST Act of 2017) after 15 years.
 (d)Effective dateThe amendments made by this section apply to acquisitions after the date of the enactment of this Act in taxable years ending after such date.


117 HR 544 IH: Stop Arctic Ocean Drilling Act of 2021
U.S. House of Representatives
2021-01-28
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.

I117th CONGRESS1st SessionH. R. 544IN THE HOUSE OF REPRESENTATIVESJanuary 28, 2021Mr. Huffman (for himself, Mr. Cleaver, Ms. Pingree, Ms. Barragán, Mr. Beyer, Mr. Lowenthal, Mrs. Watson Coleman, Mr. Casten, Ms. Kuster, Ms. Bonamici, Mr. Blumenauer, Mr. Pocan, Mr. Brendan F. Boyle of Pennsylvania, Mr. Kim of New Jersey, Ms. Velázquez, Ms. Brownley, Ms. Schakowsky, Ms. Jayapal, Mr. Welch, Mr. Panetta, Mr. Foster, Mr. Takano, Mr. Connolly, Mr. Khanna, Mr. Soto, Mr. McEachin, Mrs. Napolitano, Ms. Blunt Rochester, Ms. McCollum, Mr. Langevin, Mr. Tonko, and Mr. Scott of Virginia) introduced the following bill; which was referred to the Committee on Natural ResourcesA BILLTo prohibit drilling in the Arctic Ocean.1.Short titleThis Act may be cited as the Stop Arctic Ocean Drilling Act of 2021.2.Prohibition of oil and gas leasing in Arctic Ocean areas of the outer Continental ShelfSection 8 of the Outer Continental Shelf Lands Act (43 U.S.C. 1337) is amended by adding at the end the following:(q)Prohibition of oil and gas leasing in Arctic planning area of the outer Continental ShelfNotwithstanding any other provision of this Act or any other law, the Secretary of the Interior shall not issue or renew a lease or any other authorization for the exploration, development, or production of oil, natural gas, or any other mineral in the Arctic Ocean, including the Beaufort Sea and Chukchi Sea Planning Areas..


117 HR 2705 IH: Natural Gas Export Expansion Act
U.S. House of Representatives
2021-04-20
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.

I117th CONGRESS1st SessionH. R. 2705IN THE HOUSE OF REPRESENTATIVESApril 20, 2021Mr. Pfluger (for himself and Mr. Cuellar) introduced the following bill; which was referred to the Committee on Energy and CommerceA BILLTo amend the Natural Gas Act to provide for expanded natural gas exports.1.Short titleThis Act may be cited as the Natural Gas Export Expansion Act.2.Natural gas exports(a)FindingCongress finds that expanding natural gas exports will lead to increased investment and development of domestic supplies of natural gas that will contribute to job growth and economic development.(b)Natural gas exportsSection 3(c) of the Natural Gas Act (15 U.S.C. 717b(c)) is amended—(1)by inserting or any other nation not excluded by this section after trade in natural gas;(2)by striking (c) For purposes and inserting the following:(c)Expedited application and approval process(1)In generalFor purposes; and(3)by adding at the end the following:(2)Exclusions(A)In generalAny nation subject to sanctions or trade restrictions imposed by the United States is excluded from expedited approval under paragraph (1).(B)Designation by President or CongressThe President or Congress may designate nations that may be excluded from expedited approval under paragraph (1) for reasons of national security.(3)Order not requiredNo order is required under subsection (a) to authorize the export or import of any natural gas to or from Canada or Mexico..


109 HR 5824 IH: To authorize the Secretary of Labor to award a grant to

U.S. House of Representatives
2006-07-18
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
		109th CONGRESS
		2d Session
		H. R. 5824
		IN THE HOUSE OF REPRESENTATIVES

			July 18, 2006
			Ms. Hart introduced
			 the following bill; which was referred to the
			 Committee on Education and the
			 Workforce

		A BILL
		To authorize the Secretary of Labor to award a grant to
		  the Manchester Bidwell Corporation to improve, expand, and replicate the arts
		  and technology education centers operated by such corporation.

		1.Short titleThis Act may be cited as the
			 Manchester Bidwell Center for Arts and Technology Act.
		2.Grant to
			 Manchester Bidwell Corporation
			(a)In
			 generalThe Secretary of
			 Labor is authorized to award a grant to the Manchester Bidwell Corporation, a
			 nonprofit organization incorporated in the State of Pennsylvania, to improve,
			 expand, and replicate the arts and technology education centers operated by
			 such corporation.
			(b)ActivitiesThe
			 Manchester Bidwell Corporation may use the grant awarded under this Act to
			 conduct any of the following activities:
				(1)Development of a business plan to replicate
			 at other locations in the United States the arts and technology education
			 centers modeled after the Manchester Bidwell Corporation in Pittsburgh,
			 Pennsylvania.
				(2)Implementation of the business plan
			 developed under
			 paragraph (1) at locations in the United
			 States where there is an interest in establishing arts and technology education
			 centers similar to the arts and technology education centers operated by the
			 Manchester Bidwell Corporation in Pittsburgh, Pennsylvania; and
				(3)any other
			 activities the Secretary determines to be appropriate.
				(c)Matching
			 requirementIn order to be
			 eligible to receive the grant described in
			 subsection (a), the Manchester Bidwell
			 Corporation shall provide matching funds from non-Federal sources (in cash or
			 in kind), in an amount equal to or greater than the Federal funds received in
			 accordance with
			 subsection (a), to carry out the activities
			 supported by the grant.
			3.Authorization of
			 AppropriationsThere is
			 authorized to be appropriated in the aggregate $6,000,000 for fiscal years 2007
			 through 2009, to carry out this Act.


		II
		110th CONGRESS
		1st Session
		S. 1090
		IN THE SENATE OF THE UNITED STATES

			April 11, 2007
			Ms. Stabenow (for
			 herself and Mr. Domenici) introduced the
			 following bill; which was read twice and referred to the
			 Committee on Agriculture, Nutrition, and
			 Forestry

		A BILL
		To amend the Agriculture and Consumer Protection Act of
		  1973 to assist the neediest of senior citizens by modifying the eligibility
		  criteria for supplemental foods provided under the commodity supplemental food
		  program to take into account the extraordinarily high out-of-pocket medical
		  expenses that senior citizens pay, and for other purposes.

		1.Short titleThis Act may be cited as the
			 Senior Nutrition Act of
			 2007.
		2.FindingsCongress finds that—
			(1)senior citizens
			 in the United States have significant out-of-pocket costs for medical expenses,
			 especially for prescription drugs;
			(2)as medical costs
			 continue to rise, many senior citizens are forced to make the difficult choice
			 between purchasing prescription drugs and purchasing food;
			(3)the commodity
			 supplemental food program provides supplemental nutritious foods to senior
			 citizens in a number of States and localities;
			(4)under the
			 commodity supplemental food program—
				(A)women, infants,
			 and children with household incomes up to 185 percent of the Federal Poverty
			 Income Guidelines published annually by the Department of Health and Human
			 Services may be eligible for supplemental foods; but
				(B)senior citizens
			 are ineligible for supplemental foods if their household incomes are greater
			 than 130 percent of the Federal Poverty Income Guidelines;
				(5)during fiscal
			 year 2006—
				(A)an average of
			 463,124 people each month participated in the commodity supplemental food
			 program; and
				(B)the majority of
			 those participants, 423,098, were senior citizens; and
				(6)in order to serve
			 the neediest senior citizens, taking into account their high out-of-pocket
			 medical (including prescription drug) expenses, the eligibility requirements
			 for the commodity supplemental food program should be modified to make more
			 senior citizens eligible for the supplemental foods provided under the
			 program.
			3.Eligibility of
			 elderly persons under the commodity supplemental food program
			(a)In
			 generalSection 5 of the Agriculture and Consumer Protection Act
			 of 1973 (7
			 U.S.C. 612c note;
			 Public Law
			 93–86) is amended—
				(1)in the first
			 sentence of subsection (d)(2)—
					(A)by striking
			 provide not less and inserting provide, to the Secretary
			 of Agriculture, not less;
					(B)by inserting
			 , or such greater quantities of cheese and nonfat dry milk as the
			 Secretary determines are necessary, after nonfat dry
			 milk; and
					(C)by striking
			 in each of the fiscal years 1991 through 2007 to the Secretary of
			 Agriculture and inserting in each fiscal year;
					(2)in subsection
			 (i)—
					(A)by redesignating
			 paragraphs (1), (2), and (3) as subparagraphs (A), (B), and (C), respectively,
			 and indenting appropriately; and
					(B)by striking
			 (i) Each and inserting the following:

							(i)Programs
				serving elderly persons
								(1)EligibilityAn
				elderly person shall be eligible to participate in a commodity supplemental
				food program serving elderly persons if the elderly person is at least 60 years
				of age and—
									(A)is eligible for
				food stamp benefits under the Food Stamp Act of
				1977 (7
				U.S.C. 2011 et seq.); or
									(B)has a household
				income that is less than or equal to 185 percent of the most recent Federal
				Poverty Income Guidelines published by the Department of Health and Human
				Services.
									(2)Provision of
				informationEach
								;
				and
					(3)by adding at the
			 end the following:

						(m)Authorization
				of appropriations
							(1)In
				generalThere is authorized to be appropriated such sums as are
				necessary to carry out the commodity supplemental food program.
							(2)Limitation on
				use of fundsNone of the funds made available under paragraph (1)
				shall be available to reimburse the Commodity Credit Corporation for
				commodities donated to the commodity supplemental food
				program.
							.
				(b)Conforming
			 amendmentsSection 5(g) of the Agriculture and Consumer
			 Protection Act of 1973 (7 U.S.C. 612c note;
			 Public Law
			 93–86) is amended by striking (as defined by the
			 Secretary) and inserting described in subsection
			 (i)(1).