In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.

SECTION 1. FINDINGS.

Congress finds the following:
(1) Apprenticeships can help veterans bridge the gap
between service in the Armed Forces and civilian employment
by--
(A) receiving on-the-job training under the direct
supervision of a professional and classroom
instruction;
(B) implementing skills the veterans acquired while
in the Armed Forces;
(C) providing practical work experience to the
veterans; and
(D) forming professional connections to fellow
members of skilled occupations.
(2) According to the Employment and Training Administration
of the Department of Labor, in fiscal year 2016--
(A) more than 21,000 apprenticeship programs across
the United States are registered with the
Administration;
(B) approximately 1,700 new apprenticeship programs
were established in the United States;
(C) more than 206,000 individuals across the United
States entered an apprenticeship program;
(D) more than 505,000 apprentices sought to acquire
skills to earn the wages necessary for financial
security; and
(E) approximately 49,000 individuals graduated from
apprenticeship programs.

SEC. 2. EDUCATIONAL ASSISTANCE FOR VETERANS WHO PURSUE CERTAIN
APPRENTICESHIP PROGRAMS.

Section 3313(g)(3) of title 38, United States Code, is amended by
adding at the end the following new subparagraphs:
''(E) In the case of an individual pursuing a
program of apprenticeship (that is registered with the
Employment and Training Administration of the
Department of Labor) on more than a half-time but less
than full-time basis, an annual stipend for tuition and
fees not to exceed the lesser of--
''(i) the actual net cost for tuition and
fees for the program of apprenticeship after
the application of any waiver of, or reduction
in, tuition and fees; or
''(ii) 25 percent of the amount calculated
under subsection (c)(1)(A)(ii).
''(F) In the case of an individual pursuing a
program of apprenticeship (that is registered with the
Employment and Training Administration of the
Department of Labor and for which the individual
provides proof of current registration to the
Secretary) that is not sponsored by the employer of the
individual, an annual stipend for tuition and fees not
to exceed the lesser of--
''(i) the actual net cost for tuition and
fees for the program of apprenticeship after
the application of any waiver of, or reduction
in, tuition and fees; or
''(ii) 25 percent of the amount calculated
under subsection (c)(1)(A)(ii).''.

SEC. 3. SENSE OF CONGRESS.

It is the sense of Congress that apprenticeship programs that are
not sponsored by employers of participants in such programs should
supply professional development resources and interview training to the
participants.

SEC. 4. PILOT PROGRAM FOR VETERANS WHO PURSUE COMPUTER NUMERICALLY
CONTROLLED MACHINING CERTIFICATIONS.

(a) Pilot Program.--The Secretary of Veterans Affairs shall carry
out a pilot program under which the Secretary shall provide eligible
veterans with the opportunity to enroll in certification programs in
computer numerically controlled machining.
(b) Eligibility.--For purposes of the pilot program under this
section, an eligible veteran is a veteran who is entitled to
educational assistance under the laws administered by the Secretary.
(c) Contracts.--
(1) In general.--For purposes of carrying out subsection
(a), by not later than 180 days after the date of the enactment
of this Act, the Secretary shall seek to enter into contracts
with multiple qualified providers of certification programs in
computer numerically controlled machining for the provision of
such programs to eligible veterans under the pilot program.
(2) Payment of contractors.--A contract under this
subsection shall provide that the Secretary shall pay to a
provider--
(A) 25 percent of the cost of providing the
certification program upon the enrollment of an
eligible veteran in the program;
(B) 25 percent of such cost upon the completion of
the program by the veteran; and
(C) 50 percent of such cost upon the employment of
the veteran following completion of the program.
(3) Qualified providers.--For purposes of the pilot
program, a provider of a certification program in computer
numerically controlled machining is qualified if the provider
has been operational for at least two years.
(4) Tuition reimbursement.--In entering into contracts to
carry out the pilot program, the Secretary shall give
preference to a qualified provider that offers tuition
reimbursement for any student who--
(A) completes a certification program offered by
the provider; and
(B) does not find full-time meaningful employment
within the 180-day period beginning on the date the
student completes the program.
(d) Housing Stipend.--The Secretary shall pay to each eligible
veteran who is enrolled in a certification program in computer
numerically controlled machining under the pilot program on a full-time
basis a monthly housing stipend equal to the product of--
(1) in the case of--
(A) a veteran pursuing resident training, the
monthly amount of the basic allowance for housing
payable under section 403 of title 37, United States
Code, for a member with dependents in pay grade E-5 who
resides in the military housing area that encompasses
all or the majority of the ZIP code area in which the
campus at which the veteran attends training or classes
is located; or
(B) a veteran pursuing a certification program
through distance learning, a monthly amount equal to 50
percent of the amount payable under subparagraph (A);
and
(2) the lesser of--
(A) 1.0; or
(B) the number of course hours carried by the
individual in pursuit of the certification program
involved, divided by the minimum number of course hours
required for full-time pursuit of such certification
program, rounded to the nearest tenth.
(e) Certification Program in Computer Numerically Controlled
Machining Defined.--In this section, the term ''certification program
in computer numerically controlled machining'' means a training program
that--
(1) is offered by an entity--
(A) other than an institution of higher learning;
or
(B) that is a professional organization;
(2) does not lead to a degree; and
(3) leads to a National Institute for Metalworking Skills
credential or certification in computer numerically controlled
machining.
(f) Reports.--
(1) Secretary of veterans affairs.--Not later than one year
after the date of the enactment of this Act, and annually
thereafter, the Secretary shall submit to Congress a report on
the pilot program under this section.
(2) Comptroller general.--
(A) Interim report.--Not later than three years
after the date on which the Secretary first enters into
a contract under this section, the Comptroller General
of the United States shall submit to Congress a report
containing the results of the interim assessment of the
Comptroller General. Such report shall include the
recommendations of the Comptroller General for
improving the pilot program and an assessment of each
of the following:
(i) The manufacturing and training
experience of the directors and instructors of
the providers of certification programs in
computer numerically controlled machining under
the pilot program.
(ii) Whether the providers followed
training curricula commonly used in the
industry (including curricula from the National
Institute for Metalworking Skills) for the
certification programs.
(iii) Whether the providers use open source
curricula for the certification programs.
(iv) The admittance rate into the pilot
program.
(v) The job placement rate for veterans who
completed a certification program under the
pilot program.
(vi) The average salary of veterans who
completed a certification program under the
pilot program and were subsequently employed.
(vii) The average age of veterans who
participated in the pilot program.
(B) Final report.--Not later than five years after
the date on which the Secretary first enters into a
contract under this section, the Comptroller General
shall submit to Congress a final report on the pilot
program. Such report shall include the recommendation
of the Comptroller General with respect to whether the
program should be extended and an assessment of each of
the following:
(i) Each item described in clauses (i)
through (vii) of subparagraph (A).
(ii) The percentage of veterans who
completed a certification program under the
pilot program who were subsequently employed
for a period of six months or longer.
(g) Authorization of Appropriations.--There is authorized to be
appropriated to the Secretary of Veterans Affairs $5,000,000 for each
fiscal year during which the Secretary carries out a pilot program
under this section.
(h) Termination.--The authority to carry out a pilot program under
this section shall terminate on the date that is five years after the
date on which the Secretary first enters into a contract under this
section.

SEC. 5. COMPTROLLER GENERAL REVIEW OF THE CAREER TECHNICAL TRAINING
TRACK OF THE TRANSITION ASSISTANCE PROGRAM.

Not later than one year after the date of the enactment of this
Act, the Comptroller General of the United States shall conduct a
review of the career technical training track of the Transition
Assistance Program of the Department of Veterans Affairs (specifically
with regard to the effectiveness of educating participants about
apprenticeship opportunities) and submit to Congress a report on the
results of the review and any recommendations of the Comptroller
General for improving the program.
This bill provides educational assistance to veterans who pursue certain apprenticeship programs registered with the Employment and Training Administration of the Department of Labor. It is the sense of Congress that apprenticeship programs that are not sponsored by program participants' employers should provide the participants with professional development resources and interview training. The Department of Veterans Affairs (VA) shall carry out a pilot program to provide eligible veterans with the opportunity to enroll in certification programs in computer numerically controlled machining. The Government Accountability Office shall report to Congress regarding the career technical training track of the VA's Transition Assistance Program, including its effectiveness in educating participants about apprenticeship opportunities.

SECTION 1. SHORT TITLE.

This Act may be cited as the ''Zero Gravity, Zero Tax Act of
2003''.

SEC. 2. EXCLUSION OF SPACE-RELATED INCOME FROM GROSS INCOME.

(a) In General.--Part III of subchapter B of chapter 1 of the
Internal Revenue Code of 1986 (relating to items specifically excluded
from gross income) is amended by redesignating section 140 as section
140A and inserting after section 139 the following new section:

''SEC. 140. SPACE-RELATED INCOME.

''(a) General Rule.--Gross income shall not include space-related
income.
''(b) Space-Related Income.--
''(1) In general.--For purposes of this section, the term
'space-related income' means--
''(A) income derived from the sale by the taxpayer
to an unrelated person of--
''(i) any product or article which is
produced by the taxpayer in outer space, and
''(ii) any service provided by the taxpayer
in or from outer space,
''(B) income of an individual attributable to
services performed in or from outer space by such
individual in a trade or business, and
''(C) any amount not described in subparagraph (A)
or (B) which is interest, rent, royalty, or similar
amount received with respect to production or service
described in subparagraph (A) or (B).
''(2) Exception for telecommunications services, etc.--
Paragraph (1)(A)(ii) shall not apply to--
''(A) any telecommunications service provided from
earth orbit,
''(B) any service provided by a weather or other
earth observation satellite, and
''(C) any other service provided on or before the
date of the enactment of this section of transporting
property to or from outer space.
''(3) Exception for wages.--Paragraph (1) shall not apply
to wages (as defined in section 3401) received by any employee
of an employer.
''(4) Proportional allocation between space-based and
earth-based activities.--In the case of any product or article
which is produced partly in space, space-related income shall
be an amount which bears the same ratio to the amount of gross
income attributable to the sale of such product or article as
the expenses attributable to producing such product or article
in space bears to the total expenses incurred in producing such
product or article.
''(5) Produced.--For purposes of this section, the term
'produced' includes created, fabricated, developed, grown,
manufactured, extracted, processed, cured, and aged.
''(c) Exclusion From Tariffs, Etc.--Any product--
''(1) which is manufactured in outer space, and
''(2) which was--
''(A) launched from, and returned to Earth, within
the United States, or
''(B) Manufactured at a facility in outer space
which is owned by 1 or more United States persons,
shall be exempt from all Federal excises, imposts, and
duties and any other Federal tariffs.
''(d) Phaseout of Benefits.--In the case of a taxable year
beginning after December 31, 2012, the amount excluded under subsection
(a) shall be reduced (but not below zero) by x/10th's of the amount
excludable without regard to this subsection, where 'x' is the number
of years such taxable year is after the last taxable year beginning
before January 1, 2013. A similar rule shall apply to the benefits
under subsection (c).''.
(b) Clerical Amendment.--The table of sections for part III of
subchapter B of chapter 1 of such Code is amended by striking the last
item and inserting the following new items:

''Sec. 140. Space-related income.
''Sec. 140A. Cross references to other
Acts.''.
(c) Effective Date.--The amendments made by this section shall
apply to taxable years beginning after December 31, 2003.

SEC. 3. CREDIT FOR PURCHASE OF QUALIFIED SPACE COMPANY STOCK.

(a) In General.--Subpart D of part IV of subchapter A of chapter 1
of the Internal Revenue Code of 1986 (relating to business related
credits) is amended by adding at the end the following new section:

''SEC. 45G. SPACE COMPANY INVESTMENT CREDIT.

''(a) General Rule.--For purposes of section 38, the space company
investment credit determined under this section for any taxable year is
the amount paid in the taxable year for the purchase of qualified stock
in a qualified space company.
''(b) Qualified Space Company.--For purposes of this section--
''(1) In general.--The term 'qualified space company' means
a domestic C corporation if for the 3-taxable-year period
ending with the taxable year immediately preceding the taxable
year in which qualified stock is purchased--
''(A) the average annual gross receipts of such
entity does not exceed $100,000,000, and
''(B) more than 70 percent of such gross receipts
are derived from space-based business.
''(2) Space-based business.--The term 'space-based
business' means a business whose gross receipts are
substantially space-related income, as defined in section
140(b).
''(3) Aggregation rules.--Rules similar to the rules of
section 1202(d)(3) shall apply.
''(c) Qualified Stock.--For purposes of this section--
''(1) In general.--Except as otherwise provided in this
section, the term 'qualified stock' means any stock in a
domestic C corporation if--
''(A) as of the date of issuance of such stock,
such corporation is a qualified space company, and
''(B) except as provided in subsections (f) and
(h), such stock is acquired by the taxpayer at its
original issue (directly or through an underwriter)--
''(i) in exchange for money or other
property (not including stock), or
''(ii) as compensation for services
provided to such corporation (other than
services performed as an underwriter of such
stock).
''(2) Active business requirement.--Stock in a corporation
shall not be treated as qualified stock unless, during
substantially all of the taxpayer's holding period for such
stock--
''(A) such corporation meets active business
requirements substantially similar to the requirements
of section 1202(e), determined on the basis that the
qualified trade or business is a space-based business,
and
''(B) such corporation is a C corporation.
''(3) Certain purchase by corporation of its own stock.--
Rules similar to the rules of section 1202(c)(3) shall apply.
''(e) Recapture.--If, during any taxable year ending with or within
the 10-year period beginning on the date qualified stock was purchased
by the taxpayer, the issuer of such stock ceases to a qualified space
company, the tax under this chapter for such taxable year shall be
increased by the aggregate decrease in the credits allowed under
section 38 for all prior taxable years which would have resulted solely
from reducing to zero any credit determined under subsection (a) with
respect to such stock.
''(f) Termination.--This section shall not apply to stock acquired
after December 31, 2011.''.
(b) Credit Allowed as Part of General Business Credit.--Section
38(b) of such Code (defining current year business credit) is amended
by striking ''plus'' at the end of paragraph (14), by striking the
period at the end of paragraph (15) and inserting '', plus'', and by
adding at the end the following new paragraph:
''(16) space company investment credit determined under
section 45G(a).''.
(c) Conforming Amendments.--
(1) Section 39(d) of such Code is amended by adding at the
end the following new paragraph:
''(11) No carryback of space company investment credit
before january 1, 2004.--No portion of the unused business
credit for any taxable year which is attributable to the space
company investment credit determined under section 45G may be
carried back to a taxable year beginning before January 1,
2004.''.
(2) Subsection (c) of section 196 of such Code is amended
by striking ''and'' at the end of paragraph (9), by striking
the period at the end of paragraph (10) and inserting '',
and'', and by adding at the end the following new paragraph:
''(11) the space company investment credit determined under
section 45G(a).''.
(3) The table of sections for subpart D of part IV of
subchapter A of chapter 1 of such Code is amended by adding at
the end the following new item:

''Sec. 45G. Space Company Investment
Credit.''.
(d) Effective Date.--The amendments made by this section shall
apply to costs paid or incurred in taxable years beginning after
December 31, 2003.

SEC. 4. CAPITAL GAINS EXCLUSION.

(a) In General.--(1) Part I of subchapter P of the Internal Revenue
Code of 1986 (relating to treatment of capital gains) is amended by
adding at the end the following new section:

''SEC. 1203. EXCLUSION FOR GAINS FROM SALE OR EXCHANGE OF STOCK OF
QUALIFIED SPACE CORPORATIONS.

''(a) In General.--Gross income shall not include gain on the sale
or exchange of any stock of a qualified space corporation.
''(b) Qualified Space Corporation.--For purposes of subsection (a),
the term 'qualified space corporation' means, with respect to any
taxable year, a domestic corporation which is a C corporation if--
''(1) such corporation is organized exclusively for
providing to unrelated persons--
''(A) any product or article which is produced
(within the meaning of section 140(b)(5)) by the
corporation in outer space, or
''(B) any service provided by the corporation in or
from outer space, and
''(2) At least 90 percent of the expenses of such
corporation are attributable to the active conduct of a trade
or business of providing a product, article, or service
described in paragraph (1).
Such term shall not include a corporation providing a service, product,
or article described in section 140(b)(2).''.
(2) Clerical Amendment.--The table of sections for part I of
subchapter P of such Code is amended by adding at the end the following
new item:

''Sec. 1203. Exclusion for gains from
sale or exchange of stock of
qualified space
corporations.''.
(b) Effective Date.--The amendments made by this section shall
apply to taxable years beginning after December 31, 2003.
Zero Gravity, Zero Tax Act of 2003 - Amends the Internal Revenue Code to exclude from gross income: (1) space-related income; and (2) gain on the sale or exchange of any stock of a qualified space corporation.Establishes a space company investment credit for the purchase of qualified stock in a qualified space company.

SECTION 1. SHORT TITLE.

This Act may be cited as the ''Small Business Emergency Fuel
Assistance Act of 2007''.

SEC. 2. EMERGENCY FUEL ASSISTANCE PROGRAM.

There is established within the Economic Development Administration
of the Department of Commerce, an emergency assistance program for
small businesses and small farms dependent on fuel.

SEC. 3. PRESIDENTIAL DECLARATION OF ENERGY EMERGENCY.

(a) In General.--If the President determines that the health,
safety, welfare, or economic well-being of the citizens of the United
States is at risk because of a shortage or imminent shortage of
adequate supplies of crude oil, gasoline or petroleum distillates due
to a disruption in the national distribution system for crude oil,
gasoline or petroleum distillates (including such a shortage related to
a major disaster (as defined in section 102(2) of the Robert T.
Stafford Disaster Relief and Emergency Assistance Act (42 U.S.C.
5122(2)))), or significant pricing anomalies in national energy markets
for crude oil, gasoline, or petroleum distillates, the President may
declare that a Federal energy emergency exists.
(b) Scope and Duration.--The emergency declaration declared
pursuant to subsection (a) shall specify--
(1) the period, not to exceed 30 days, for which the
declaration applies;
(2) the circumstance or condition necessitating the
declaration;
(3) the area or region to which it applies which may not be
limited to a single State; and
(4) the product or products to which it applies.
(c) Extensions.--The President may--
(1) extend a declaration under subsection (a) for a period
of not more than 30 days;
(2) extend such a declaration more than once; and
(3) discontinue such a declaration before its expiration.

SEC. 4. AUTHORIZATION OF GRANTS.

(a) In General.--During any energy emergency declared by the
President under section 3, the Secretary of Commerce is authorized to
award grants to States under a declaration of fuel supply interruption
in accordance with this Act.
(b) Allocation Formula.--Subject to subsection (c), the Secretary
shall award grants to States, in accordance with an allocation formula
established by the Secretary, that is based on the pro rata share of
each State of the total need among all States, as applicable, for
emergency assistance for fuel interruption, as determined on the basis
of--
(1) the number and percentage of qualifying small
businesses and small farms operating within a State;
(2) the increase in price of fuel in a State; and
(3) such other factors as the Secretary determines to be
appropriate.
(c) State Allocation Plan.--Each State shall establish, after
giving notice to the public, an opportunity for public comment, and
consideration of public comments received, an allocation plan for the
distribution of financial assistance under this section, which shall be
submitted to the Secretary and shall be made available to the public by
the State, and shall include--
(1) application requirements for qualifying small
businesses and small farms seeking to receive financial
assistance under this section, including a requirement that
each application include--
(A) demonstration of need for assistance under this
section;
(B) a plan to decrease the total commercial energy
usage of the small business through energy efficiency
measures, such as those promoted through the Energy
Star Program; and
(C) if a small business or small farm has
previously received assistance under this section,
evidence that the small business or small farm has
implemented the plan previously documented under
subparagraph (B); and
(2) factors for selecting among small businesses and small
farms that meet the application requirements, with preference
given to small businesses and small farms based on the
percentage of operating costs expended on fuel.

SEC. 5. ELIGIBILITY.

A small business or small farm is eligible for a grant under this
Act if--
(a) the average gross receipts of the small business or small farm
for the 3 preceding taxable years does not exceed $5,000,000; or
(b) the small business or small farm employed an average of more
than 1 and fewer than 50 qualified employees on business days during
the preceding taxable year.

SEC. 6. DEFINED TERM.

In this Act, the term ''aggregate gross assets'' has the meaning
given such term in section 1202(d)(2) of the Internal Revenue Code of
1986.

SEC. 7. AUTHORIZATION OF APPROPRIATIONS.

There are authorized to be appropriated to the Department of
Commerce $100,000,000 for each of the fiscal years 2008 through 2012 to
carry out this Act.
Small Business Emergency Fuel Assistance Act of 2007 - Establishes within the Economic Development Administration of the Department of Commerce an emergency assistance program for small businesses and small farms dependent on fuel.

Authorizes the President to declare a federal energy emergency if the health, safety, welfare, or economic well-being of U.S. citizens is at risk because of an imminent or actual shortage of adequate supplies of crude oil, gasoline or petroleum distillates owing to: (1) a disruption in the national distribution system for such distillates (including a shortage related to a major disaster); or (2) significant pricing anomalies in national energy markets for them.

Authorizes the Secretary of Commerce to award grants to states under a presidential declaration of fuel supply interruption.