TASK DEFINITION: In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.
PROBLEM: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Small Business Health Tax Credit
Act''.

SEC. 2. SMALL BUSINESS TAX CREDIT FOR 50 PERCENT OF HEALTH PREMIUMS.

(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:

''SEC. 45G. EMPLOYEE HEALTH INSURANCE EXPENSES.

''(a) General Rule.--For purposes of section 38, in the case of a
qualified small employer, the employee health insurance expenses credit
determined under this section is an amount equal to the applicable
percentage of the amount paid by the taxpayer during the taxable year
for qualified employee health insurance expenses.
''(b) Applicable Percentage.--For purposes of subsection (a), the
applicable percentage is equal to--
''(1) 50 percent in the case of an employer with less than
26 qualified employees,
''(2) 40 percent in the case of an employer with more than
25 but less than 36 qualified employees, and
''(3) 30 percent in the case of an employer with more than
35 but less than 51 qualified employees.
''(c) Per Employee Dollar Limitation.--The amount of qualified
employee health insurance expenses taken into account under subsection
(a) with respect to any qualified employee for any taxable year shall
not exceed the maximum employer contribution for self-only coverage or
family coverage (as applicable) determined under section 8906(a) of
title 5, United States Code, for the calendar year in which such
taxable year begins.
''(d) Definitions and Special Rules.--For purposes of this
section--
''(1) Qualified small employer.--
''(A) In general.--The term 'qualified small
employer' means any small employer which provides
eligibility for health insurance coverage (after any
waiting period (as defined in section 9801(b)(4))) to
all qualified employees of the employer.
''(B) Small employer.--
''(i) In general.--For purposes of this
paragraph, the term 'small employer' means,
with respect to any calendar year, any employer
if such employer employed an average of not
less than 2 and not more than 50 qualified
employees on business days during either of the
2 preceding calendar years. For purposes of the
preceding sentence, a preceding calendar year
may be taken into account only if the employer
was in existence throughout such year.
''(ii) Employers not in existence in
preceding year.--In the case of an employer
which was not in existence throughout the 1st
preceding calendar year, the determination
under clause (i) shall be based on the average
number of qualified employees that it is
reasonably expected such employer will employ
on business days in the current calendar year.
''(2) Qualified employee health insurance expenses.--
''(A) In general.--The term 'qualified employee
health insurance expenses' means any amount paid by an
employer for health insurance coverage to the extent
such amount is attributable to coverage provided to any
employee while such employee is a qualified employee.
''(B) Exception for amounts paid under salary
reduction arrangements.--No amount paid or incurred for
health insurance coverage pursuant to a salary
reduction arrangement shall be taken into account under
subparagraph (A).
''(C) Health insurance coverage.--The term 'health
insurance coverage' has the meaning given such term by
paragraph (1) of section 9832(b) (determined by
disregarding the last sentence of paragraph (2) of such
section).
''(3) Qualified employee.--The term 'qualified employee'
means an employee of an employer who, with respect to any
period, is not provided health insurance coverage under--
''(A) a health plan of the employee's spouse,
''(B) title XVIII, XIX, or XXI of the Social
Security Act,
''(C) chapter 17 of title 38, United States Code,
''(D) chapter 55 of title 10, United States Code,
''(E) chapter 89 of title 5, United States Code, or
''(F) any other provision of law.
''(4) Employee--The term 'employee'--
''(A) means any individual, with respect to any
calendar year, who is reasonably expected to receive at
least $5,000 of compensation from the employer during
such year,
''(B) does not include an employee within the
meaning of section 401(c)(1), and
''(C) includes a leased employee within the meaning
of section 414(n).
''(5) Compensation.--The term 'compensation' means amounts
described in section 6051(a)(3).
''(e) Certain Rules Made Applicable.--For purposes of this section,
rules similar to the rules of section 52 shall apply.
''(f) Denial of Double Benefit.--No deduction or credit under any
other provision of this chapter shall be allowed with respect to
qualified employee health insurance expenses taken into account under
subsection (a).''.
(b) Credit To Be Part of General Business Credit.--Section 38(b) of
the Internal Revenue Code of 1986 (relating to 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:
''(16) the employee health insurance expenses credit
determined under section 45G.''.
(c) Credit Allowed Against Minimum Tax.--
(1) In general.--Subsection (c) of section 38 of the
Internal Revenue Code of 1986 (relating to limitation based on
amount of tax) is amended by redesignating paragraph (4) as
paragraph (5) and by inserting after paragraph (3) the
following new paragraph:
''(4) Special rules for employee health insurance credit.--
''(A) In general.--In the case of the employee
health insurance credit--
''(i) this section and section 39 shall be
applied separately with respect to the credit,
and
''(ii) in applying paragraph (1) to the
credit--
''(I) the amounts in subparagraphs
(A) and (B) thereof shall be treated as
being zero, and
''(II) the limitation under
paragraph (1) (as modified by subclause
(I)) shall be reduced by the credit
allowed under subsection (a) for the
taxable year (other than the employee
health insurance credit).
''(B) Employee health insurance credit.--For
purposes of this subsection, the term 'employee health
insurance credit' means the credit allowable under
subsection (a) by reason of section 45G(a).''.
(2) Conforming amendments.--
(A) Subclause (II) of section 38(c)(2)(A)(ii) of
such Code is amended by inserting ''or the employee
health insurance credit'' after ''employee credit''.
(B) Subclause (II) of section 38(c)(3)(A)(ii) of
such Code is amended by inserting ''or the employee
health insurance credit'' after ''employee credit''.
(d) No Carrybacks.--Subsection (d) of section 39 of the Internal
Revenue Code of 1986 (relating to carryback and carryforward of unused
credits) is amended by adding at the end the following:
''(11) No carryback of section 45g credit before effective
date.--No portion of the unused business credit for any taxable
year which is attributable to the employee health insurance
expenses credit determined under section 45G may be carried
back to a taxable year ending before the date of the enactment
of section 45G.''.
(e) Clerical Amendment.--The table of sections for subpart D of
part IV of subchapter A of chapter 1 of the Internal Revenue Code of
1986 is amended by adding at the end the following:

''Sec. 45G. Employee health insurance
expenses.''.
(f) Employer Outreach.--The Internal Revenue Service shall, in
conjunction with the Small Business Administration, develop materials
and implement an educational program to ensure that business personnel
are aware of--
(1) the eligibility criteria for the tax credit provided
under section 45G of the Internal Revenue Code of 1986 (as
added by this section),
(2) the methods to be used in calculating such credit,
(3) the documentation needed in order to claim such credit,
and
(4) any available health plan purchasing alliances
established under title II,
so that the maximum number of eligible businesses may claim the tax
credit.
(g) Effective Date.--The amendments made by this section shall
apply to amounts paid or incurred in taxable years beginning after the
date of the enactment of this Act.

SOLUTION: Small Business Health Tax Credit Act - Amends the Internal Revenue Code to allow small business employers (employers with between two and 50 employees) an income tax credit of between 30 to 50 percent (depending upon the number of employees) of the amount paid for employee health insurance, subject to a dollar limitation for each employee. Allows the employer to apply such credit against its minimum tax liability. Directs the Internal Revenue Service, in conjunction with the Small Business Administration, to educate small business personnel about this tax credit.

PROBLEM: SECTION 1. CONSERVATION FLEX PROGRAM OPTION.

(a) Establishment of Program.--The Agricultural Act of 1949 is
amended by inserting after section 115 (7 U.S.C. 1445k) the following
new section:
''SEC. 116. CONSERVATION FLEX PROGRAM OPTION.

''(a) Establishment.--The Secretary shall establish a voluntary
conservation flex program option to assist producers of agricultural
commodities in adopting integrated, site-specific farm management plans
through the reduction of farm program barriers to resource stewardship
practices and systems.
''(b) Definitions.--For the purposes of this section:
''(1) The term 'program' means the conservation flex
program option established under this section.
''(2) The term 'plan' means a site-specific farm management
plan prepared by the producer and approved by the Secretary.
''(3) The term 'alternative crops' means experimental and
industrial crops which conserve soil and water.
''(4) The term 'breeding cattle' means bulls, dams, and
heifers held solely for the production of calves, but shall not
include weaned calves being grown for slaughter or dairy
cattle.
''(5) The term 'legume' means any legume, including
alfalfa, clover, lentils, lupine, medic, peas, soybeans, and
vetch grown for use as a forage, green manure, or biomass
feedstock, but not including any pulse crop from which the
seeds are harvested and sold for purposes other than use as
seed for planting.
''(6) The term 'resource-conserving crop' means legumes,
grasses, brassica cover crops and forages, alternative crops,
any interseeded or relay-planted combination of such crops, any
interseeded or relay-planted combination of such crops and
small grains, and such other crops as the Secretary may
designate.
''(7) The term 'resource-conserving crop rotation' means a
crop rotation which includes at least one resource-conserving
crop and that reduces erosion, maintains or improves soil
fertility, tilth and structure, interrupts pest cycles, or
conserves water.
''(8) The term 'rotational grazing' means planting forage,
dividing pastures into paddocks, and using grazing rotations to
increase forage quality and production, improve vegetative
cover, and reduce sediment and nutrient runoff.
''(9) The term 'small grains' means any small grain,
including barley, buckwheat, oats, rye, spelt, and triticale,
but not including wheat, except for wheat grown for nonhuman
consumption.
''(10) The term 'special conservation practices' means
field borders, contour grass strips, grass waterways, filter
strips, grass windbreaks, buffer areas, wildlife habitat
plantings, habitat plantings for beneficial organisms that aid
in the control of pests, and such other practices as the
Secretary may designate.
''(c) Eligible Producers.--To be eligible to participate in the
program, a producer must prepare and submit to the Secretary for
approval a site-specific farm management plan, which may at the
producer's option be integrated with any conservation plan developed
pursuant to section 1212 of the Food Security Act of 1985 (16 U.S.C.
3812) and any other conservation or natural resource plan required for
producer participation in any program within the jurisdiction of the
Secretary.
''(d) Agreements.--Upon the approval of a plan submitted by a
producer under subsection (c), the Secretary shall enter into an
agreement with the producer that specifies the crop acreage bases being
enrolled in the program. The agreement shall be for a period of not
less than one year, nor more than seven years, as determined by the
producer. The agreement may be renewed upon the mutual agreement of the
Secretary and the producer.
''(e) Producer Responsibilities Under Agreement.--Under the terms
of an agreement entered into under subsection (d), a producer shall
agree--
''(1) to actively comply with the terms and conditions of
the applicable plan, as approved by the Secretary;
''(2) to devote to a resource-conserving crop--
''(A) not less than 15 percent of the crop acreage
bases of the producer enrolled under such program; or
''(B) not less than 15 percent of the producer's
total crop acres, if the sum of resource-conserving
crop acres on non-base acres and total crop acreage
bases on the farm does not exceed the county average
base-to-cropland ratio; and
''(3) to keep such records as the Secretary may reasonably
require for purposes of program evaluation.
''(f) Requirements of the Plan.--To be approved by the Secretary, a
plan submitted by a producer must--
''(1) specify the crop acreage bases the producer chooses
to enroll in the program;
''(2) describe the resource-conserving crop rotation,
special conservation practices, rotational grazing, or biomass
production operations and practices to be implemented and
maintained on such acreage during the agreement period which
fulfill the purposes of the program;
''(3) contain a schedule for the implementation,
improvement and maintenance of the resource-conserving crop
rotation, special conservation practices, rotational grazing,
or biomass operations and practices described in the plan; and
''(4) contain such other terms as the Secretary may
require.
''(g) Program Administration, Certification, and Termination.--
''(1) Program administration, technical assistance, and
flexibility.--
''(A) Administration.--The program shall be
administered by the Secretary.
''(B) Technical assistance.--In administering the
program, the Secretary, in consultation with the local
conservation districts and any State or local
authorities deemed appropriate by the Secretary, shall
provide technical assistance to a producer in
developing and implementing a plan, evaluating the
effectiveness of a plan, and assessing the costs and
benefits of farming operations and practices. If
requested by a producer, the Secretary shall provide
technical assistance to help the producer comply with
Federal, State, and local requirements designed to
protect soil, wetlands, wildlife habitat, the quality
of ground water and surface water, or other natural
resources.
''(C) Flexibility.--In administering the program,
the Secretary shall provide sufficient flexibility for
a producer to revise the producer's plan to respond to
changes in market conditions, weather, or technology or
to adjust and modify the farming operation, except that
such revisions must be consistent with the purposes of
the program and approved by the Secretary.
''(2) Certification.--The Secretary shall certify producer
compliance with the terms and conditions of the plan.
''(3) Termination.--The Secretary may terminate an
agreement entered into with a producer under this program if--
''(A) the producer agrees to such termination; or
''(B) the producer violates the terms and
conditions of such agreement.
''(h) Program Rules.--
''(1) Base and yield protection.--Notwithstanding any other
provision of law, the Secretary shall not reduce crop acreage
bases or farm program payment yields as a result of the
planting of a resource-conserving crop.
''(2) Payment acres.--Notwithstanding any other provision
of law, the Secretary shall not reduce any farm program loans,
payments, or benefits of a program participant as a result of
the planting of a resource-conserving crop.
''(3) Payment rate.--Notwithstanding any other provision of
law, the Secretary shall provide deficiency payments on
resource-conserving crop acreage eligible for payments at a
rate not less than the projected deficiency payment rate, as
determined and announced each year by the Secretary prior to
the period during which producers may agree to participate in
the program.
''(4) Payment acre protection.--Notwithstanding any other
provision of law, the Secretary shall not reduce the payment
acres or the established price for a program participant who
has entered into an agreement with the Secretary for a fixed
period of time.
''(5) Resource-conserving crops on normal flex acreage.--
Acreage devoted to resource-conserving crops under this program
may, at the discretion of the producer, be designated as normal
flex acreage.
''(6) Adjustments in production adjustment requirements.--
Notwithstanding any other provision of law, the Secretary shall
make fair and equitable adjustments in acreage limitation
requirements applicable to a producer participating in the
program giving due consideration to crop rotation, special
conservation practices, rotational grazing, biomass production,
and other appropriate factors resulting from the implementation
of a plan. If the Secretary determines that the reduction in
program crop production on a participating farm referred to in
the preceding sentence will equal or exceed any reduction in
crop production which, in the absence of participation in the
program, would occur as a result of acreage limitation
requirements, the Secretary shall waive such acreage limitation
requirements for the farm. If the resource conserving crop
includes a farm program feed grain crop planted on the base
acres of another farm program feed grain crop, the Secretary
shall take into account the established or county average yield
of the two feed grains for the purposes of making the
adjustment or waiver.
''(7) Total base acreage flexibility.--Notwithstanding any
other provision of law, the Secretary shall allow participants
in this program to plant farm program crops and oilseeds in any
proportion on a producer's total acreage of farm program crop
base and historic oilseeds acreage without affecting farm
program payments.
''(8) Crop insurance.--Notwithstanding any other provision
of law, acreage devoted to resource-conserving crops under this
program shall be eligible for crop insurance pursuant to the
Federal Crop Insurance Act (7 U.S.C. 1501 et seq.).
''(9) Haying and grazing restriction.--
''(A) In general.--The Secretary shall not make any
farm program payments to a producer, who is otherwise
eligible to receive such payments, for acreage enrolled
in the program if the producer, during the consecutive
five month period in each State in which haying and
grazing of conserving use acres may be prohibited under
the provisions of this Act, grazes breeding cattle or
nursing calves or harvests and sells hay on payment
acres.
''(B) Transition option.--The restriction in
subparagraph (A) shall not apply in the case of a
producer who agrees to retire all base acreage enrolled
in the program at the end of the agreement period.
''(C) Emergency haying and grazing.--The Secretary
shall release acreage devoted to resource-conserving
crops for emergency haying and grazing as the result of
a natural disaster when the Secretary permits unlimited
haying and grazing on--
''(i) reduced acreage under this Act;
''(ii) acreage devoted to a conservation
use under this Act;
''(iii) acreage diverted from production
under a land diversion program established
under this Act; or
''(iv) acreage enrolled in the conservation
reserve program under the Food Security Act of
1985 (16 U.S.C. 3801 et seq.).''.
(b) Conforming Repeal.--Section 1451 of the Food, Agriculture,
Conservation, and Trade Act of 1990 (7 U.S.C. 5822) is repealed.

SOLUTION: Amends the Agricultural Act of 1949 to direct the Secretary of Agriculture to establish a voluntary conservation flex program which will permit producers to adopt integrated site-specific farm management plans. Includes within such plans resource-conserving crops, crop rotation, and rotational grazing.

PROBLEM: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Greater Middle East and Central Asia
Development Act of 2004''.

SEC. 2. PURPOSE.

The purpose of this Act is to authorize assistance for political
freedom and economic development, particularly through private sector
development, in the Greater Middle East and Central Asia, including
contributions to and participation in 3 new entities: a Trust for
Democracy, a Development Foundation, and a Development Bank.

SEC. 3. FINDINGS.

Congress makes the following findings:
(1) The terrorist attacks of September 11, 2001, signaled a
turning point in United States foreign policy.
(2) Al Qaeda and affiliated groups have established a
terrorist network with linkages in Afghanistan, Pakistan,
throughout the Greater Middle East and Central Asia, and around
the world.
(3) The war on terrorism requires that the United States
consider the Greater Middle East and Central Asia as a
strategic region with its own political, economic, and security
dynamics.
(4) While rich in cultural, geographic, and language
diversity, the Greater Middle East and Central Asia face common
impediments to economic development and political freedom.
(5) Although poverty and economic underdevelopment do not
alone cause terrorism, the expansion of economic growth, free
trade, and private sector development can contribute to an
environment that undercuts radical political tendencies that
give rise to terrorism.
(6) Given the relationship between economic and political
development and winning the global war on terror, America's
support for freedom in the Greater Middle East and Central Asia
must be matched with expanded and new programs of partnership
with the people and governments of the region to promote good
governance, political freedom, private sector development, and
more open economies.
(7) The United States and other donors should support those
citizens of the Greater Middle East and Central Asia who share
our desire to undertake reforms that result in more open
political and economic systems.
(8) Turkey, which should be supported in its aspirations
for membership in the European Union, plays a pivotal and
unique role in efforts to bring economic development and
stability to the Greater Middle East and Central Asia.
(9) The President should seek new mechanisms to work
together with European and other nations, as well as with the
countries of the Greater Middle East and Central Asia to
promote political and economic development in the Greater
Middle East and Central Asia.
(10) Because the dynamics of the Greater Middle East and
Central Asia have a serious impact on global security, the
North Atlantic Treaty Organization (NATO) should now shift its
strategic focus to the region, including expanded roles in
Iraq, Afghanistan, and the Mediterranean.

SEC. 4. DEFINITION; SPECIAL RULE.

(a) Greater Middle East and Central Asia Defined.--In this Act, the
term ''Greater Middle East and Central Asia'' means the 22 members of
the Arab League (Algeria, Bahrain, Comoros, Djibouti, Egypt, Iraq,
Jordan, Kuwait, Lebanon, Libya, Mauritania, Morocco, Oman, the
Palestinian Authority, Qatar, Saudi Arabia, Somalia, Sudan, Syria,
Tunisia, United Arab Emirates, and Yemen), Afghanistan, Iran, Israel,
Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkey, Turkmenistan, and
Uzbekistan.
(b) Special Rule.--A country listed in subsection (a) may not
receive assistance under this Act if such country is identified as a
country supporting international terrorism pursuant to section
6(j)(1)(A) of the Export Administration Act of 1979 (as in effect
pursuant to the International Emergency Economic Powers Act; 50 U.S.C.
1701 et seq.), section 40(d) of the Arms Export Control Act (22 U.S.C.
2780(d)), section 620A of the Foreign Assistance Act of 1961 (22 U.S.C.
2371), or any other provision of law.

SEC. 5. AUTHORIZATION OF ASSISTANCE.

Notwithstanding any other provision of law, the President is
authorized to provide assistance to the Greater Middle East and Central
Asia for the purpose of promoting economic and political freedoms, free
trade, and private sector development, including the programs described
in the following paragraphs:
(1) United states contribution to and membership in a
greater middle east and central asia development bank.--The
President is authorized to work with other donors and
representatives from the Greater Middle East and Central Asia
to establish a Greater Middle East and Central Asia Development
Bank to promote private sector development, trade, including
intra-regional trade, and investment in the Greater Middle East
and Central Asia.
(2) Creation of a greater middle east and central asia
development foundation.--The President is authorized to work
with other donors and representatives from the Greater Middle
East and Central Asia to establish a multilateral Greater
Middle East and Central Asia Development Foundation to assist in the
administration and implementation of assistance programs, including
public-private programs, pursuant to this Act, with specific emphasis
on programs at the grass-roots level, to include volunteer-based
organizations and other nongovernmental organizations that support
private sector development, entrepreneurship, and development of small-
and medium-size enterprises and exchanges.
(3) Creation of trust for democracy.--The President is
authorized to establish, together with other donors and private
sector and nongovernmental leaders from the Greater Middle East
and Central Asia, a multilateral, public-private Trust for
Democracy to support grass-roots development of civil society,
democratic reform, good governance practices, and rule of law
reform in the Greater Middle East and Central Asia. Private
foundations shall be encouraged to participate in the Trust
through the provision of matching funds.

SEC. 6. SENSE OF CONGRESS REGARDING COORDINATION OF ASSISTANCE TO THE
GREATER MIDDLE EAST AND CENTRAL ASIA.

Recognizing the importance of coordination of assistance to the
Greater Middle East and Central Asia, and the strategic imperatives
required by the war on terrorism, it is the sense of Congress that--
(1) the Secretary of State and the heads of other relevant
Government agencies should consider new approaches to the
coordination of the provision of political and economic support
for the Greater Middle East and Central Asia; and
(2) the Secretary of State should consider appointing a
Coordinator for Assistance to the Greater Middle East and
Central Asia.

SEC. 7. PROGRAM REPORTS.

(a) Requirement for Reports.--Beginning on January 31, 2005, and
annually thereafter, the President shall submit to Congress a report on
the progress of the Greater Middle East and Central Asia, the Greater
Middle East and Central Asia Development Bank, the Greater Middle East
and Central Asia Development Foundation, and the Trust for Democracy in
developing more open political and economic systems and the degree to
which United States assistance has been effective at promoting these
changes.
(b) Content.--The reports required by subsection (a) shall include
general information regarding such progress and specific information on
the progress of each of the Greater Middle East and Central Asia
Development Bank, the Greater Middle East and Central Asia Development
Foundation, and the Trust for Democracy in--
(1) encouraging entrepreneurial development and supporting
growth of small- and medium-size enterprises in the Greater
Middle East and Central Asia;
(2) promoting private sector development, democratic
political reform, good governance building, rule of law reform,
and other appropriate goals in the Greater Middle East and
Central Asia;
(3) fostering intra-regional trade and investment by United
States businesses and financial institutions in the Greater
Middle East and Central Asia;
(4) developing public-private partnerships to carry out the
purpose of this Act; and
(5) encouraging the involvement of the Greater Middle East
and Central Asia, and other donors in each institution.

SEC. 8. ENTERPRISE FUNDS REPORTS TO CONGRESS.

Not later than 1 year after the date of enactment of this Act, the
President shall submit to Congress a comprehensive report evaluating
the appropriateness of the establishment of enterprise funds in the
Greater Middle East and Central Asia. The report shall evaluate whether
and to what extent enterprise funds might be an effective mechanism for
promoting economic reform and investment in the Greater Middle East and
Central Asia.

SEC. 9. REPORT ON COORDINATION OF ASSISTANCE TO THE GREATER MIDDLE EAST
AND CENTRAL ASIA.

Not later than 1 year after the date of enactment of this Act, the
President shall submit to Congress a report that describes the measures
that have been employed, and the measures that are planned to be
employed, to improve the coordination within the Department of State
and among the heads of the relevant Government agencies of the
provision of support to the Greater Middle East and Central Asia.

SEC. 10. NOTIFICATIONS TO CONGRESS REGARDING ASSISTANCE.

Section 634A of the Foreign Assistance Act of 1961 (22 U.S.C. 2394-
1) (relating to reprogramming notifications) shall apply with respect
to obligations of funds made available to carry out this Act.

SEC. 11. AUTHORIZATION OF APPROPRIATIONS.

(a) Authorization of Appropriations.--In addition to funds
otherwise available for such purpose and for the countries to which
this Act applies, there are authorized to be appropriated to the
Department of State to carry out the provisions of this Act,
$1,000,000,000 for each of the fiscal years 2005 through 2009.
(b) Availability of Funds.--Amounts appropriated pursuant to
subsection (a) shall remain available until expended.

SOLUTION:
Greater Middle East and Central Asia Development Act of 2004 - Authorizes the President to provide assistance to countries (excluding those countries supporting international terrorism) in the Greater Middle East and Central Asia to promote economic and political freedoms, free trade, and private sector development, including working with other donors and the countries of the Greater Middle East and Central Asia to establish: (1) a Greater Middle East and Central Asia Development Bank to promote private sector development, trade, including intra-regional trade, and investment in the Greater Middle East and Central Asia; (2) a multilateral Greater Middle East and Central Asia Development Foundation to assist in the administration and implementation of assistance programs, including public-private programs, with emphasis on programs at the grass-roots level; and (3) a multilateral, public-private Trust for Democracy to support grass-roots development of civil society, democratic reform, good governance practices, and rule of law reform in the Greater Middle East and Central Asia.

Defines "Greater Middle East and Central Asia'' as the 22 nations of the Arab world (Algeria, Bahrain, Comoros, Djibouti, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Mauritania, Morocco, Oman, Palestine/West Bank/Gaza, Qatar, Saudi Arabia, Somalia, Sudan, Syria, Tunisia, United Arab Emirates, and Yemen), Afghanistan, Iran, Israel, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkey, Turkmenistan, and Uzbekistan.

Expresses the sense of Congress that: (1) the Secretary of State and the heads of other Government agencies should consider new approaches for the coordination of political and economic support for the countries of the Greater Middle East and Central Asia; and (2) the Secretary should consider appointing a Coordinator for Assistance to the Greater Middle East and Central Asia.

Amends the Foreign Assistance Act of 1961 to require congressional notification of fund obligations under this Act.