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

Example Input: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Alaska Federal Lands Management
Demonstration Project''.

SEC. 2. CONGRESSIONAL FINDINGS; PURPOSES.

(a) Findings.--Congress finds and declares the following:
(1) The Alaska National Interest Lands Conservation Act (16
U.S.C. 3101 et seq.) established new and expanded units of the
National Park System and the National Wildlife System in many
areas of Alaska. The purposes of these conservation system
units were, among other purposes, to protect habitat for fish
and wildlife, to conserve fish and wildlife populations in
their natural state, to provide continued opportunity for
subsistence uses by local residents, and to protect
archaeological sites associated with Native cultures.
(2) Many rural Alaskan communities are in close proximity
to conservation system lands, and the purposes of these units
are uniquely relevant to the culture and ways of Native
Alaskans and other residents of rural Alaskan communities.
Congress recognized this close relationship in sections 1306,
1307 and 1308 of the Alaska National Interest Lands
Conservation Act, which directed the Secretary of Interior to
establish programs whereby Native lands were given preference
for the siting of conservation service unit facilities, Native
corporations and local residents were given preference for the
provision of visitor services, and local residents were given
preferences for employment. Despite these provisions, little
progress has been made in increasing related employment
opportunities for Native Alaskan and other local residents.
(3) In much of rural Alaska, Indian tribes and tribal
organizations have a long history of contracting to operate
Federal programs and provide Federal services to resident
Alaskan Natives and have demonstrated the capacity to provide
other kinds of Federal programs and services.
(b) Purposes.--The purposes of this demonstration project are to
design innovative management strategies that will lead to greater
efficiency in conservation system unit management, expand Native
contracting opportunities, increase local employment, and further the
unique purposes of these units as they relate to subsistence practices,
Alaska Native cultures, and the preservation of fish and wildlife
habitat and populations.

SEC. 3. AUTHORIZATION OF DEMONSTRATION PROJECT.

The Secretary of the Interior shall, for a period not to exceed 5
years following the date of the enactment of this Act, conduct an
Alaska Federal Lands Management Demonstration Project.

SEC. 4. ALASKA FEDERAL LANDS MANAGEMENT DEMONSTRATION PROJECT.

(a) Participation.--The Secretary shall select, upon request and in
a manner to achieve geographic representation, not less than 6 eligible
Alaska Native tribes or tribal organizations per year to participate in
the Demonstration Project in fiscal years 2000 and 2001.
(b) Eligibility.--To be eligible to participate in the
Demonstration Project, each Indian tribe or tribal organization shall--
(1) request participation by resolution or other official
action of the governing body of the tribal organization;
(2) demonstrate financial and management stability and
capability;
(3) demonstrate significant use of or dependency upon the
relevant conservation system unit or other public land unit for
which programs, functions, services, and activities are
requested to be placed under contract;
(4) where the Secretary receives a request to contract
specific conservation system unit programs, services,
functions, and activities, or portions thereof, from more than
1 Indian tribe or tribal organization meeting the criteria set
forth in paragraphs (1) through (3), the Secretary shall apply
the priority selection criteria applied by the Juneau Area
Bureau of Indian Affairs for contracting pursuant to the Indian
Self-Determination and Education Assistance Act. If, after
applying such criteria, there remains more than one eligible
participant and such participants have overlapping requests to
negotiate and contract for the same programs, services,
functions, and activities, or portions thereof, the Secretary
may require such Indian tribes or organizations to agree which
entity shall have the ability to contract, or to submit a joint
request prior to entering into negotiations.
(c) Contracts.--
(1) In general.--Upon request, the Secretary shall
negotiate and enter into a contract with each participating
Indian tribe or tribal organization to plan, conduct and
administer requested programs, services, functions and
activities, or portions thereof, related to the administration
of a conservation system unit or other public land unit that is
substantially located within the geographic region of the
respective Indian tribe or tribal organization.
(2) Technical support.--Contracts authorized by this Act
shall include, at the request of the Indian tribe or tribal
organization, the operation and support of the regional
advisory councils, biological research, harvest monitoring, and other
technical research related to conservation and allocation actions by
the regional councils, and such other programs, functions, services,
and activities reasonably necessary to carry out title VIII of the
Alaska National Interests Lands Conservation Act.
(3) Time limitation for negotiation of contracts.--Not
later than 90 days after selection by the Secretary of
participating Indian tribes or tribal organizations, the
Secretary shall initiate and conclude negotiations, unless an
alternative negotiation and implementation schedule is
otherwise mutually agreed to by the parties. The declination
and appeals provisions of the Indian Self-Determination and
Education Assistance Act, including section 110 of such Act,
shall apply to contracts and agreements requested and
negotiated under this Act.
(d) Contract Administration.--
(1) Inclusion of certain terms.--At the request of the
contracting Indian tribe or tribal organization, the benefits,
privileges, terms, and conditions of agreements entered into
pursuant to titles I and IV of the Indian Self-Determination
and Education Assistance Act shall be available for inclusion
in a contract entered into under this Act. If any provisions of
the Indian Self-Determination and Education Assistance Act are
incorporated they shall have the same force and effect as if
set out in full in this Act and shall apply notwithstanding any
other provision of law. The parties may include such other
terms and conditions as are mutually agreed to and not
otherwise contrary to law.
(2) Audit.--Contracts entered into under this Act shall
provide for a single-agency audit report to be filed as
required by chapter 75 of title 31, United States Code.
(3) Transfer of employees.--Any career Federal employee
employed at the time of the transfer of an operation or program
to an Indian tribe or tribal organization shall not be
separated from Federal service by such transfer.
Intergovernmental Personnel Actions may be used to transfer
supervision of such employees to the contracting Indian tribe
or tribal organization. Such transferred employees shall be
given priority placement for any available position within
their respective agency, notwithstanding any priority
reemployment lists, directives, rules, regulations or other
orders from the Department of the Interior, the Office of
Management and Budget, or other Federal agencies.
(e) Available Funding; Payment.--Under the terms of a contract
negotiated pursuant to subsection (a), the Secretary shall provide each
Indian tribe or tribal organization funds in an amount not less than
the Secretary would have otherwise provided for the operation of the
requested programs, services, functions, and activities. Contracts
entered into under this Act shall provide for advance payments to the
tribal organizations in the form of annual or semiannual installments.
(f) Timing.--Indian tribes and tribal organizations selected to
participate shall be entitled to begin implementation of any requested
contracts no later than the first fiscal year following the year in
which the Indian tribe or tribal organization is selected for
participation, unless the Indian tribe or tribal organization and the
Secretary, by mutual agreement, shall agree to an alternate
implementation schedule.
(g) Report.--Not later than 90 days after the close of fiscal years
2000 and 2001 and the end of this Demonstration Project, the Secretary
shall present to the Congress detailed reports, including a narrative,
findings, and conclusions on the costs and benefits of the
Demonstration Project. The reports shall identify remaining
institutional and legal barriers to the contracting of conservation
system unit management to Alaska Native entities and shall contain
suggestions for improving, continuing, and expanding the Demonstration
Project. The reports shall be authored jointly with, and shall include
the separate views of, all participating Alaska Native tribes and
tribal organizations.
(h) Limitations.--
(1) Revenue producing visitor services.--Contracts
authorized under this Act shall not include revenue producing
visitor services unless an agreement is reached with the most
directly affected Alaskan Native corporations to allow such
services to be included in the contract. Such contracts shall
not otherwise repeal, alter, or otherwise modify the any other
existing provision of sections 1307 and 1308 of the Alaska
National Interests Lands Conservation Act.
(2) Denali national park.--The Denali National Park shall
not be subject to any of the provisions of this Act.
(i) Grants.--
(1) In general.--Upon application, the Secretary shall
award a planning grant in the amount of $100,000 to any
participating Alaska Native tribe or tribal organization to
plan for the contracting of programs, functions, services, and
activities authorized under this Act.
(2) Authorization of appropriations.--There is authorized
to be appropriated $600,000 in each of the 2 fiscal years
immediately following the date of the enactment of this Act to
fund planning grants authorized under this subsection.

SEC. 5. ANILCA SECTION 1307 AND 1308 IMPLEMENTATION PROGRESS REPORT.

(a) Report Required.--Not later than 6 months after the date of the
enactment of this Act, the Secretary shall transmit to the Committee on
Energy and Natural Resources of the United States Senate and the
Committee on Resources of the United States House of Representatives a
report detailing the progress that the Department of the Interior has
made in the implementation of the provisions of sections 1307 and 1308
of the Alaska National Interests Lands Conservation Act. The report
shall--
(1) include a detailed action plan on the future
implementation of the provisions of sections 1307 and 1308 of
that Act;
(2) describe in detail the measures and actions that will
be taken to implement such sections, along with a description
of the anticipated results to be achieved during the 3 fiscal
years following the submission of the report;
(3) address any laws, rules, regulations, and policies
which limit or deter the goal of Alaska Native hiring or
contracting to perform and conduct activities and programs of
Department agencies and bureaus other than those currently
available through the Bureau of Indian Affairs.
(b) Funding.--The report required under subsection (a) shall be
completed within existing appropriations.

SEC. 6. DEFINITIONS.--

For the purposes of this Act:
(1) Conservation system unit.--The term ''conservation
system unit'' shall have the meaning given that term in section
102(4) of the Alaska National Interest Lands Conservation Act.
(2) Indian tribe.--The term ''Indian tribe'' shall have the
meaning given that term in subsection 4(e) of the Indian Self-
Determination and Education Assistance Act.
(3) Secretary.--The term ''Secretary'' means the Secretary
of the Interior.
(4) Tribal organization.--The term ''tribal organization''
shall have the meaning given that term in subsection 4(l) of
the Indian Self-Determination and Education Assistance Act.
Example Output: Requires the Secretary to: (1) select not less than six eligible Alaska Native tribes or tribal organizations per year to participate in the Project in FY 2000 and 2001; and (2) negotiate and enter into a contract with each participant to plan, conduct, and administer requested programs and services related to the administration of a conservation system unit or other public land unit substantially located within the respective Indian tribe's or tribal organization's geographic region.
Requires contracts to include, at the participant's request, the operation and support of the regional advisory councils, biological research, harvest monitoring, and other technical research related to conservation and allocation actions by the regional councils and such other programs and services reasonably necessary to carry out title VIII of the Alaska National Interests Lands Conservation Act (ANILCA). Makes available the benefits, privileges, terms, and conditions of agreements entered into pursuant to titles I and IV of the Indian Self-Determination and Education Assistance Act for inclusion in the contract, at the request of the contracting tribe or tribal organization.
Prohibits the separation of any career Federal employee employed at the time of the transfer of an operation or program from Federal service to a tribe or tribal organization. Directs the Secretary to provide each tribe or tribal organization funds that would have otherwise been provided for the operation of the requested programs and services.
Specifies that contracts shall not include revenue producing visitor services unless an agreement is reached with the most directly affected Alaska Native corporations.
Exempts Denali National Park from the provisions of this Act.
Requires the Secretary, upon application, to award a planning grant to any participating Alaska Native tribe or tribal organization to plan for the contracting of programs and services authorized under this Act.
Authorizes appropriations.
Requires transmittal by the Secretary to the appropriate congressional committees of a report on the progress that the Department of the Interior has made in the implementation of ANILCA provisions concerning: (1) the continuation of existing visitor services in areas established as or added to a conservation system unit; and (2) establishment of a program for hiring individuals who, by reason of having lived or worked in or near public lands, have special knowledge or expertise concerning the natural or cultural resources of public lands, without regard to certain civil service training requirements, employment preferences, or numerical limitations.

Example Input: SECTION 1. SHORT TITLE; FINDINGS.

(a) Short Title.--This Act may be cited as the ''Preserving Access
to Modern Prosthetic Limbs Act of 2016''.
(b) Findings.--Congress finds the following:
(1) The Medicare program includes coverage for prosthetic
limbs under section 1861(s)(9) of the Social Security Act (42
U.S.C. 1395w(s)(9)).
(2) As a result of significant Federal and private
investment in research and development over the past decades,
beneficiaries with lower limb prostheses are able to maintain
optimal function and lead productive and independent lives.
(3) Federal spending for prosthetic devices in the Medicare
program has decreased by 15 percent between 2010 and 2014.
(4) The Secretary of Health and Human Services, through
Medicare contractors known as Durable Medical Equipment
Medicare Administrative Contractors, released on July 16, 2015,
a document entitled ''Local Coverage Determination (LCD): Lower
Limb Prostheses (DL33787)'', which applies to all Medicare
beneficiaries across the United States.
(5) The policies proposed in this document would
comprehensively change the requirements under which a Medicare
beneficiary would qualify for a lower limb prosthetic device
and would seriously restrict access to modern prosthetic care.
(6) If finalized, the changes proposed in this document
would create coverage requirements that are inconsistent with
current clinical practice and would arbitrarily and
unreasonably deny Medicare beneficiaries access to prosthetic
limb technologies considered the current standard of care.
(7) Under these proposed policies, beneficiaries instead
would be eligible for prosthetic devices that are functionally
outdated, less durable, and less safe.
(8) The adverse impact of the Medicare contractors'
proposed policies extend well beyond the Medicare program and
has implications for other Federal health programs, such as
health programs of the Veterans Administration, and commercial
insurers.
(9) Given the far reaching effect of these policies, and
the fact that little or no clinical or scientific evidence
supported the issuance of these proposals, any changes to
prosthetic limb coverage should be made only after a
transparent process in which evidence is offered to justify
coverage modifications, meaningful stakeholder feedback is
solicited, and the Secretary and Medicare contractors receive
and respond to this stakeholder feedback in a public manner.
(10) A moratorium on the implementation and enforcement of
these proposed policies would enable the Secretary and the
Medicare contractors to engage in such a transparent process.

SEC. 2. MORATORIUM ON IMPLEMENTATION OF PROPOSED MEDICARE LOCAL
COVERAGE DETERMINATION ON LOWER LIMB PROSTHESES.

(a) Moratorium.--
(1) In general.--The Secretary of Health and Human Services
and any Medicare Administrative Contractor may not implement
and enforce the policies in the LCD on lower limb prostheses
(as defined in subsection (d)(1)), in whole or in part, during
the period beginning on the date of the enactment of this Act,
and ending on June 30, 2017.
(2) Removal of policy from websites.--The Secretary of
Health and Human Services and its medicare administrative
contractors shall remove the LCD on lower limb prostheses from
the websites of the Centers for Medicare & Medicaid Services
and its medicare administrative contractors during the period
of the moratorium under paragraph (1).
(b) Providing the Secretary With Authority To Oversee the
Development of Local Coverage Determinations.--Section 1862(l)(5) of
the Social Security Act (42 U.S.C. 395y(l)(5)) is amended--
(1) by redesignating subparagraph (C) as subparagraph (D);
and
(2) by inserting after subparagraph (B) the following new
subparagraph:
''(C) Secretary oversight and guidance in
developing local coverage determinations.--The
Secretary shall provide guidance and oversight of any
local coverage determination developed by a medicare
administrative contractor to ensure that the local
coverage determination is consistent with this
title.''.
(c) Construction.--Nothing in this section shall be construed to
prevent the Secretary from enforcing existing statutes, regulations,
and local coverage determinations other than with respect to policies
in the LCD on lower limb prostheses.
(d) Definitions.--In this section:
(1) LCD on lower limb prostheses.--The term ''LCD on lower
limb prostheses'' means the local coverage determination on
lower limb prostheses as proposed by a medicare administrative
contractor in the document (DL33787) released on July 16, 2015,
and any successor to such determination.
(2) Medicare administrative contractor.--The term
''medicare administrative contractor'' has the meaning given
such term in section 1874A(a)(3)(A) of the Social Security Act
(42 U.S.C. 1395kk-1(a)(3)(A)).
Example Output: Preserving Access to Modern Prosthetic Limbs Act of 2016 This bill amends title XVIII (Medicare) of the Social Security Act to postpone implementation and enforcement ofa local coverage determination (LCD) proposed by a Medicare Administrative Contractor (MAC) on lower limb prostheses. (An LCD is a decision by a MAC, which is a private insurer that processes Medicare claims within a specified geographicjurisdiction, as towhether to cover a service on a MAC-wide basis.) The Centers for Medicare & Medicaid shall provide guidance and oversight related to LCDs, as specified by the bill.

Example Input: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Possessions Wage Credit Act of
1993''.

SEC. 2. REPLACEMENT OF POSSESSION TAX CREDIT WITH WAGE-BASED EMPLOYMENT
CREDIT.

(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. 45A. POSSESSIONS EMPLOYMENT CREDIT.

''(a) Amount of Credit.--For purposes of section 38, the amount of
the possessions employment credit determined under this section with
respect to any eligible employer for any taxable year is 40 percent of
the qualified possession wages paid or incurred during such taxable
year.
''(b) Qualified Possession Wages.--For purposes of this section,
the term 'qualified possession wages' means any wages paid or incurred
by an employer for services performed by an employee while such
employee is a qualified possession employee to the extent such wages do
not exceed $20,000.
''(c) Qualified Possession Employee.--For purposes of this
section--
''(1) In general.--Except as otherwise provided in this
subsection, the term 'qualified possession employee' means,
with respect to any period, any employee of an eligible
employer if--
''(A) substantially all of the services performed
during such period by such employee for such employer
are performed within a possession of the United States
in a trade or business of the employer,
''(B) such employee is a bona fide resident of such
possession, and
''(C) such employee is subject to tax by such
possession on income from sources within and without
such possession.
''(2) Certain individuals not eligible.--The term
'qualified possession employee' shall not include--
''(A) any individual described in subparagraph (A),
(B), or (C) of section 51(i)(1),
''(B) any 5-percent owner (as defined in section
416(i)(1)(B)), and
''(C) any individual unless such individual
either--
''(i) is employed by the employer at least
90 days, or
''(ii) has completed at least 120 hours of
services performed for the employer.
''(d) Eligible Employer.--For purposes of this section--
''(1) In general.--The term 'eligible employer' means a
domestic corporation which--
''(A) elects the application of this section, and
''(B) meets the conditions of both subparagraphs
(A) and (B) of paragraph (2).
''(2) Conditions which must be satisfied.--The conditions
referred to in paragraph (1) are as follows:
''(A) 3-year period.--If 80 percent or more of the
gross income of such domestic corporation for the 3-
year period immediately preceding the close of the
taxable year (or for such part of such period
immediately preceding the close of such taxable year as
may be applicable) was derived from sources within a
possession of the United States (determined without
regard to section 904(f)).
''(B) Trade or business.--If 75 percent or more of
the gross income of such domestic corporation for such
period or such part thereof was derived from the active
conduct of a trade or business within a possession of
the United States.
''(e) Other Definitions and Special Rules.--For purposes of this
section--
''(1) Possession.--The term 'possession of the United
States' includes the Commonwealth of Puerto Rico and the Virgin
Islands.
''(2) Wages.--The term 'wages' has the same meaning as when
used in section 51, except that paragraph (4) of section 51(c)
shall not apply.
''(3) Treatment of certain foreign taxes.--For purposes of
this title, any tax of a foreign country or possession of the
United States which is paid or accrued with respect to taxable
income of an eligible employer for any taxable year for which
an election is in effect under this section shall not be
treated as income, war profits, or excess profits paid or
accrued to a foreign country or possession of the United
States. The preceding sentence shall not apply to the extent
such amounts exceed the amount of the credit determined under
subsection (a) for such taxable year.
''(4) Controlled groups.--
''(A) Treated as single employer.--All employers
treated as a single employer under subsection (a) or
(b) of section 52 shall be treated as a single employer
for purposes of this section.
''(B) Proportionate share.--The credit (if any)
determined under this section with respect to each
employer described in subparagraph (A) shall be such
employer's proportionate share of the wages giving rise
to such credit.
''(5) Denial of double benefit.--No credit or deduction
shall be allowable under any other provision of this title with
respect to any wages taken into account in computing the credit
allowed by this section.
''(6) Certain other rules made applicable.--Rules similar
to the rules of section 51(k) and subsections (c), (d), and (e)
of section 52 shall apply.
''(f) Transition Rules.--For purposes of this section--
''(1) In general.--In the case of a taxpayer for which a
credit is allowed under section 936 for its last taxable year
ending before February 16, 1993, the credit determined under
subsection (a) for each of the 5 taxable years in the
transition period shall not be less than the lesser of--
''(A) the old section 936 amount, or
''(B) the adjusted wage credit.
''(2) Old section 936 amount.--For purposes of paragraph
(1)(A)--
''(A) In general.--The term 'old section 936
amount' means, with respect to any taxable year, the
applicable percentage of the lesser of--
''(i) the amount of the credit which would
have been determined under section 936 but for
section 936(i), or
''(ii) 115 percent of the average amount of
the credit under section 936 of the taxpayer
and its predecessors for the 3-taxable-year
period ending with the taxpayer's last taxable
year ending before February 16, 1993 (not
taking into account years in which the taxpayer
or any predecessor was not in existence).
''(B) Applicable percentage.--For purposes of
subparagraph (A), the applicable percentage shall be
determined as follows:

''In the case of the following
year in
The percent-
the transition period:
age is:
1st.............................. 100
2d............................... 100
3d............................... 75
4th.............................. 50
5th.............................. 25.
''(3) Adjusted wage credit.--For purposes of paragraph
(1)(B)--
''(A) In general.--The term 'adjusted wage credit'
means, with respect to any taxable year, the amount
determined under subsection (a) by substituting the
applicable percentage for 40 percent.
''(B) Applicable percentage.--For purposes of
subparagraph (A), the applicable percentage shall be
determined as follows:

''In the case of the following
year in
The percent-
the transition period:
age is:
1st.............................. 100
2d............................... 100
3d............................... 85
4th.............................. 70
5th.............................. 55.
''(4) Treatment of additional credit.--If an additional
credit is allowed to a taxpayer for any taxable year by reason
of this subsection, then, for purposes of this title--
''(A) an election under section 936 shall be
treated as in effect with respect to such taxpayer for
such taxable year, and
''(B) the excess of the credit allowed under this
section for such taxable year over the amount of the
credit which would have been allowed without regard to
this subsection shall be treated as a credit allowed by
section 936.
''(5) Transition period.--For purposes of this subsection,
the term 'transition period' means the 5-taxable-year period
beginning with the taxable year which includes February 16,
1993.''.
(b) Termination of Section 936 Credit.--
(1) In general.--Section 936 of such Code is amended by
adding at the end the following new subsection:
''(i) Termination.--Except as provided in section 45A(f)(4), no
credit shall be allowed under this section for any taxable year ending
on or after February 16, 1993.''.
(2) Conforming amendment.--Section 27(b) of such Code is
amended by adding at the end the following new sentence:
''Except as provided in section 45A(f)(4), no credit shall be
allowed under this subsection for any taxable year ending on or
after February 16, 1993.''.
(c) Credit Allowed as Business Credit.--
(1) In general.--Section 38(b) of such Code is amended by
striking ''plus'' at the end of paragraph (7), by striking the
period at the end of paragraph (8) and inserting '', plus'',
and by adding at the end the following new paragraph:
''(9) the possessions employment credit under section
45A(a).''.
(2) Transition.--Section 39(d) of such Code is amended by
adding at the end the following new paragraph:
''(4) No carryback of possessions employment credit.--No
portion of the unused business credit for any taxable year
which is attributable to the credit determined under section
45A may be carried back to any taxable year ending before
February 16, 1993.''.
(d) Conforming Amendments.--
(1) Sections 243(b)(1)(B)(ii) and 1361(b)(2)(D) of such
Code are each amended by inserting ''45A or'' before ''936''.
(2) Section 1504(b)(4) of such Code is amended by inserting
''section 45A (relating to possessions employment credit) or''
before ''section 936''.
(3) Clause (ii) of section 6091(b)(2)(B) of such Code is
amended by inserting ''section 45A (relating to possessions
employment credit) or'' before ''section 936''.
(4) 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. 45A. Possessions employment
credit.''.
(e) Effective Date.--The amendments made by this section shall
apply to taxable years ending on or after February 16, 1993.

SEC. 3. EXTENSION AND MODIFICATION OF DEDUCTION OF HEALTH INSURANCE
COSTS OF SELF-EMPLOYED INDIVIDUALS.

(a) 18-Month Extension.--Paragraph (6) of section 162(l) of the
Internal Revenue Code of 1986 (relating to special rules for health
insurance costs of self-employed individuals) is amended by striking
''June 30, 1992'' and inserting ''December 31, 1993''.
(b) Increase in Amount of Deduction.--Section 162(l)(1) of such
Code is amended by striking ''25 percent of''.
(c) Conforming Amendment.--Paragraph (2) of section 110(a) of the
Tax Extension Act of 1991 is hereby repealed.
(d) Effective Dates.--
(1) In general.--The amendments made by this section shall
apply to taxable years ending after June 30, 1992.
(2) Increase.--The amendment made by subsection (b) shall
apply to taxable years beginning after December 31, 1992.
Example Output:
Possessions Wage Credit Act of 1993 - Amends the Internal Revenue Code to allow a possessions employment credit for wages paid or incurred by an employer for services performed by an employee within a possession of the United States, if such employee is a bona fide resident of such possession and is subject to its tax on income from sources within and without such possession.
Terminates the Puerto Rico and possession tax credit.