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 ''Farm and Ranch Risk Management
Act''.

SEC. 2. FARM AND RANCH RISK MANAGEMENT ACCOUNTS.

(a) In General.--Subpart C of part II of subchapter E of chapter 1
of the Internal Revenue Code of 1986 (relating to taxable year for
which deductions taken) is amended by inserting after section 468B the
following:

''SEC. 468C. FARM AND RANCH RISK MANAGEMENT ACCOUNTS.

''(a) Deduction Allowed.--In the case of an individual engaged in
an eligible farming business or commercial fishing, there shall be
allowed as a deduction for any taxable year the amount paid in cash by
the taxpayer during the taxable year to a Farm and Ranch Risk
Management Account (hereinafter referred to as the 'FARRM Account').
''(b) Limitation.--
''(1) Contributions.--The amount which a taxpayer may pay
into the FARRM Account for any taxable year shall not exceed 20
percent of so much of the taxable income of the taxpayer
(determined without regard to this section) which is
attributable (determined in the manner applicable under section
1301) to any eligible farming business or commercial fishing.
''(2) Distributions.--Distributions from a FARRM Account
may not be used to purchase, lease, or finance any new fishing
vessel, add capacity to any fishery, or otherwise contribute to
the overcapitalization of any fishery. The Secretary of
Commerce shall implement regulations to enforce this paragraph.
''(c) Eligible Businesses.--For purposes of this section--
''(1) Eligible farming business.--The term 'eligible
farming business' means any farming business (as defined in
section 263A(e)(4)) which is not a passive activity (within the
meaning of section 469(c)) of the taxpayer.
''(2) Commercial fishing.--The term 'commercial fishing'
has the meaning given such term by section (3) of the Magnuson-
Stevens Fishery Conservation and Management Act (16 U.S.C.
1802) but only if such fishing is not a passive activity
(within the meaning of section 469(c)) of the taxpayer.
''(d) FARRM Account.--For purposes of this section--
''(1) In general.--The term 'FARRM Account' means a trust
created or organized in the United States for the exclusive
benefit of the taxpayer, but only if the written governing
instrument creating the trust meets the following requirements:
''(A) No contribution will be accepted for any
taxable year in excess of the amount allowed as a
deduction under subsection (a) for such year.
''(B) The trustee is a bank (as defined in section
408(n)) or another person who demonstrates to the
satisfaction of the Secretary that the manner in which
such person will administer the trust will be
consistent with the requirements of this section.
''(C) The assets of the trust consist entirely of
cash or of obligations which have adequate stated
interest (as defined in section 1274(c)(2)) and which
pay such interest not less often than annually.
''(D) All income of the trust is distributed
currently to the grantor.
''(E) The assets of the trust will not be
commingled with other property except in a common trust
fund or common investment fund.
''(2) Account taxed as grantor trust.--The grantor of a
FARRM Account shall be treated for purposes of this title as
the owner of such Account and shall be subject to tax thereon
in accordance with subpart E of part I of subchapter J of this
chapter (relating to grantors and others treated as substantial
owners).
''(e) Inclusion of Amounts Distributed.--
''(1) In general.--Except as provided in paragraph (2),
there shall be includible in the gross income of the taxpayer
for any taxable year--
''(A) any amount distributed from a FARRM Account
of the taxpayer during such taxable year, and
''(B) any deemed distribution under--
''(i) subsection (f)(1) (relating to
deposits not distributed within 5 years),
''(ii) subsection (f)(2) (relating to
cessation in eligible farming business), and
''(iii) subparagraph (A) or (B) of
subsection (f)(3) (relating to prohibited
transactions and pledging account as security).
''(2) Exceptions.--Paragraph (1)(A) shall not apply to--
''(A) any distribution to the extent attributable
to income of the Account, and
''(B) the distribution of any contribution paid
during a taxable year to a FARRM Account to the extent
that such contribution exceeds the limitation
applicable under subsection (b) if requirements similar
to the requirements of section 408(d)(4) are met.
For purposes of subparagraph (A), distributions shall be
treated as first attributable to income and then to other
amounts.
''(f) Special Rules.--
''(1) Tax on deposits in account which are not distributed
within 5 years.--
''(A) In general.--If, at the close of any taxable
year, there is a nonqualified balance in any FARRM
Account--
''(i) there shall be deemed distributed
from such Account during such taxable year an
amount equal to such balance, and
''(ii) the taxpayer's tax imposed by this
chapter for such taxable year shall be
increased by 10 percent of such deemed
distribution.
The preceding sentence shall not apply if an amount
equal to such nonqualified balance is distributed from
such Account to the taxpayer before the due date
(including extensions) for filing the return of tax
imposed by this chapter for such year (or, if earlier,
the date the taxpayer files such return for such year).
''(B) Nonqualified balance.--For purposes of
subparagraph (A), the term 'nonqualified balance' means
any balance in the Account on the last day of the
taxable year which is attributable to amounts deposited
in such Account before the 4th preceding taxable year.
''(C) Ordering rule.--For purposes of this
paragraph, distributions from a FARRM Account (other
than distributions of current income) shall be treated
as made from deposits in the order in which such
deposits were made, beginning with the earliest
deposits.
''(2) Cessation in eligible business.--At the close of the
first disqualification period after a period for which the
taxpayer was engaged in an eligible farming business or
commercial fishing, there shall be deemed distributed from the
FARRM Account of the taxpayer an amount equal to the balance in
such Account (if any) at the close of such disqualification
period. For purposes of the preceding sentence, the term
'disqualification period' means any period of 2 consecutive
taxable years for which the taxpayer is not engaged in an
eligible farming business or commercial fishing.
''(3) Certain rules to apply.--Rules similar to the
following rules shall apply for purposes of this section:
''(A) Section 220(f)(8) (relating to treatment on
death).
''(B) Section 408(e)(2) (relating to loss of
exemption of account where individual engages in
prohibited transaction).
''(C) Section 408(e)(4) (relating to effect of
pledging account as security).
''(D) Section 408(g) (relating to community
property laws).
''(E) Section 408(h) (relating to custodial
accounts).
''(4) Time when payments deemed made.--For purposes of this
section, a taxpayer shall be deemed to have made a payment to a
FARRM Account on the last day of a taxable year if such payment
is made on account of such taxable year and is made on or
before the due date (without regard to extensions) for filing
the return of tax for such taxable year.
''(5) Individual.--For purposes of this section, the term
'individual' shall not include an estate or trust.
''(6) Deduction not allowed for self-employment tax.--The
deduction allowable by reason of subsection (a) shall not be
taken into account in determining an individual's net earnings
from self-employment (within the meaning of section 1402(a))
for purposes of chapter 2.
''(g) Reports.--The trustee of a FARRM Account shall make such
reports regarding such Account to the Secretary and to the person for
whose benefit the Account is maintained with respect to contributions,
distributions, and such other matters as the Secretary may require
under regulations. The reports required by this subsection shall be
filed at such time and in such manner and furnished to such persons at
such time and in such manner as may be required by such regulations.''.
(b) Tax on Excess Contributions.--
(1) Subsection (a) of section 4973 of such Code (relating
to tax on excess contributions to certain tax-favored accounts
and annuities) is amended by striking ''or'' at the end of
paragraph (3), by redesignating paragraph (4) as paragraph (5),
and by inserting after paragraph (3) the following:
''(4) a FARRM Account (within the meaning of section
468C(d)), or''.
(2) Section 4973 of such Code is amended by adding at the
end the following:
''(g) Excess Contributions to FARRM Accounts.--For purposes of this
section, in the case of a FARRM Account (within the meaning of section
468C(d)), the term 'excess contributions' means the amount by which the
amount contributed for the taxable year to the Account exceeds the
amount which may be contributed to the Account under section 468C(b)
for such taxable year. For purposes of this subsection, any
contribution which is distributed out of the FARRM Account in a
distribution to which section 468C(e)(2)(B) applies shall be treated as
an amount not contributed.''.
(3) The section heading for section 4973 of such Code is
amended to read as follows:

''SEC. 4973. EXCESS CONTRIBUTIONS TO CERTAIN ACCOUNTS, ANNUITIES,
ETC.''.

(4) The table of sections for chapter 43 of such Code is
amended by striking the item relating to section 4973 and
inserting the following:

''Sec. 4973. Excess contributions to
certain accounts, annuities,
etc.''.
(c) Tax on Prohibited Transactions.--
(1) Subsection (c) of section 4975 of such Code (relating
to tax on prohibited transactions) is amended by adding at the
end the following:
''(6) Special rule for farrm accounts.--A person for whose
benefit a FARRM Account (within the meaning of section 468C(d))
is established shall be exempt from the tax imposed by this
section with respect to any transaction concerning such account
(which would otherwise be taxable under this section) if, with
respect to such transaction, the account ceases to be a FARRM
Account by reason of the application of section 468C(f)(3)(A)
to such account.''.
(2) Paragraph (1) of section 4975(e) of such Code is
amended by redesignating subparagraphs (E) and (F) as
subparagraphs (F) and (G), respectively, and by inserting after
subparagraph (D) the following:
''(E) a FARRM Account described in section
468C(d),''.
(d) Failure To Provide Reports on FARRM Accounts.--Paragraph (2) of
section 6693(a) of such Code (relating to failure to provide reports on
certain tax-favored accounts or annuities) is amended by redesignating
subparagraphs (C) and (D) as subparagraphs (D) and (E), respectively,
and by inserting after subparagraph (B) the following:
''(C) section 468C(g) (relating to FARRM
Accounts),''.
(e) Clerical Amendment.--The table of sections for subpart C of
part II of subchapter E of chapter 1 of such Code is amended by
inserting after the item relating to section 468B the following:

''Sec. 468C. Farm and Ranch Risk
Management Accounts.''.
(f) Effective Date.--The amendments made by this section shall
apply to taxable years beginning after the date of the enactment of
this Act.
Example Output: Farm and Ranch Risk Management Act - Amends the Internal Revenue Code to allow an individual engaged in an eligible farming or commercial fishing business a deduction for any taxable year of up to 20 percent of taxable income attributable to the eligible farming or commercial fishing business which was paid in cash by the taxpayer to a Farm and Ranch Risk Management Account (FARRM Account).Includes distributions from a FARRM account in the taxpayer's gross income, and subjects to a special ten percent surtax any distributions not made within five years of contribution. Establishes a tax on excess contributions, but exempts the taxpayer from the tax on certain prohibited transactions.

Example Input: OF CONFLICTS.

To the extent permitted by law, disagreements or conflicts between
or among agency heads or between OMB and any agency that cannot be
resolved by the Administrator of OIRA shall be resolved by the
President or a designee of the President.

SEC. 8. PUBLICATION.

Except to the extent required by law, an agency shall not publish
in the Federal Register or otherwise issue to the public any regulatory
action that is subject to review under section 6 until--
(1) the Administrator of OIRA notifies the agency that OIRA
has waived its review of the action or has completed its review
without any requests for further consideration, or
(2) the applicable time period in section 6(b)(2) expires
without OIRA having notified the agency that it is returning
the regulatory action for further consideration under section
6(b)(3),
whichever occurs first. If the terms of the preceding sentence have not
been satisfied and an agency wants to publish or otherwise issue a
regulatory action, the head of that agency may request Presidential
consideration through the Administrator of OIRA, as provided under
section 8. Upon receipt of this request, the Administrator of OIRA
shall notify the Advisers. The guidelines and time period set forth in
section 8 shall apply to the publication of regulatory actions for
which Presidential consideration has been sought.

SEC. 9. AGENCY AUTHORITY.

Nothing in this Act shall be construed as displacing the agencies'
authority or responsibilities, as authorized by law.

SEC. 10. JUDICIAL REVIEW.

Nothing in this Act shall affect any otherwise available judicial
review of agency action. This Act is intended only to improve the
internal management of the Federal Government and does not create any
right or benefit, substantive or procedural, enforceable at law or
equity by a party against the United States, its agencies or
instrumentalities, its officers or employees, or any other person.

SEC. 11. DEFINITIONS.

For purposes of this Act:
(1) The term ''Advisers'' refers to such regulatory policy
advisers to the President as the President and the
Administrator of OIRA may from time to time consult, including,
among others--
(A) the Director of OMB;
(B) the Chair (or another member) of the Council of
Economic Advisers;
(C) the Assistant to the President for Economic
Policy;
(D) the Assistant to the President for Domestic
Policy;
(E) the Assistant to the President for National
Security Affairs;
(F) the Assistant to the President for Science and
Technology;
(G) the Assistant to the President for
Intergovernmental Affairs;
(H) the Assistant to the President and Staff
Secretary;
(I) the Assistant to the President and Chief of
Staff to the Administrator of OIRA;
(J) the Assistant to the President and Counsel to
the President; and
(K) the Deputy Assistant to the President and
Director of the White House Office on Environmental
Policy.
(2) Except as provided in section 4(f), the term ''agency''
means any authority of the United States that is an ''agency''
under section 3502(1) of title 44, United States Code, other
than those considered to be independent regulatory agencies, as
defined in section 3502(10) of title 44, United States Code.
(3) The term ''Director'' means the Director of OMB.
(4) The term ''regulation'' or ''rule'' means an agency
statement of general applicability and future effect, which the
agency intends to have the force and effect of law, that is
designed to implement, interpret, or prescribe law or policy or
to describe the procedure or practice requirements of an
agency. It does not, however, include--
(A) regulations or rules issued in accordance with
the formal rulemaking provisions of sections 556 and
557 of title 5, United States Code;
(B) regulations or rules that pertain to a military
or foreign affairs function of the United States, other
than procurement regulations and regulations involving
the import or export of non-defense articles and
services;
(C) regulations or rules that are limited to agency
organization, management, or personnel matters; or
(D) any other category of regulations exempted by
the Administrator of OIRA.
(5) The term ''regulatory action'' means any substantive
action by an agency (normally published in the Federal
Register) that promulgates or is expected to lead to the
promulgation of a final rule or regulation, including notices
of inquiry, advance notices of proposed rulemaking, and notices
of proposed rulemaking.
(6) The term ''significant regulatory action'' means any
regulatory action that is likely to result in a rule that may--
(A) have an annual effect on the economy of $100
million or more or adversely affect in a material way
the economy, a sector of the economy, productivity,
competition, jobs, the environment, public health or
safety, or State, local, or tribal governments or
communities;
(B) create a serious inconsistency or otherwise
interfere with an action taken or planned by another
agency;
(C) materially alter the budgetary impact of
entitlements, grants, user fees, or loan programs or
the rights and obligations of recipients thereof; or
(D) raise novel legal or policy issues arising out
of legal mandates, the President's priorities, or the
principles set forth in this Act.
Example Output: Government Regulatory Improvement and Performance Act of 1998 - Declares that: (1) Federal agencies should promulgate only such regulations as are required by law, necessary to interpret the law, or necessary to protect and promote or improve the health and safety of the public, the environment, or the well-being of the American people; and (2) in deciding whether and how to regulate, agencies should assess all costs and benefits of available regulatory alternatives, including the alternative of not regulating.
Sets forth principles of regulation to ensure that the agencies' regulatory programs are consistent with such philosophy, including that each agency: (1) identify the problem that it intends to address by regulation, assess its significance, and if possible conduct a risk analysis; (2) identify and assess available alternatives to direct regulation; (3) wherever feasible, seek views of appropriate State, local, and tribal officials before imposing requirements that might significantly or uniquely affect those governmental entities.
(Sec. 3) Directs the Office of Management and Budget to carry out coordinated review of agency rulemaking. Designates its Office of Information and Regulatory Affairs (OIRA) as the repository of expertise concerning regulatory issues.
(Sec. 4) Directs the OIRA Administrator, early in each year's planning cycle, to convene a meeting of the regulatory policy advisers to the President and agency heads to seek a common understanding of priorities and to coordinate regulatory efforts for the upcoming year.
Requires each agency to prepare: (1) a unified regulatory agenda of all regulations under development or review; and (2) a regulatory plan of the most important significant regulatory actions that the agency reasonably expects to issue in that fiscal year or thereafter.
Directs the Administrator to: (1) convene and chair a regulatory working group, which shall meet at least quarterly, to assist agencies in identifying and analyzing important regulatory issues; (2) meet quarterly, along with agency heads, with representatives of State, local, and tribal governments to identify exiting and proposed regulations that may uniquely or significantly affect those governmental entities; and (3) convene periodic conferences with representatives of businesses, nongovernmental organizations, and the public to discuss regulatory issues.
(Sec. 5) Requires that: (1) each agency submit to OIRA a program under which the agency will periodically review its existing significant regulations; and (2) any significant regulations selected for review be included in the agency's annual plan, and the agency identify any legislative mandates that require the agency to promulgate or continue to impose unnecessary or outdated regulations.
(Sec. 5) Requires each agency to: (1) submit to the OIRA a program under which the agency will periodically review its existing significant regulations for possible modification or elimination; (2) provide the public with meaningful participation in the regulatory process and a meaningful opportunity to comment on any proposed regulation, generally including a comment period of not less than 60 days; and (2) explore and, where appropriate, use consensual mechanisms for developing regulations, including negotiated rulemaking.
Directs: (1) each agency head to designate a Regulatory Policy Office; (2) each agency to develop its regulatory actions in a timely fashion and adhere to specified procedures; (3) each agency to provide the OIRA with a list of its planned regulatory actions, including significant regulatory actions; and (4) the Administrator to provide meaningful guidance and oversight.
(Sec. 8) Prohibits an agency from publishing a regulation until the Administrator has waived review of the action, completed such review, or the review period has passed, whichever occurs first.

Example Input: SECTION 1. FINDINGS.

Congress finds the following:
(1) Article 3 of the Inter-American Democratic Charter of
the Organization of American States (OAS) states that,
''Essential elements of representative democracy include, inter
alia, respect for human rights and fundamental freedoms, access
to and the exercise of power in accordance with the rule of
law, the holding of periodic, free, and fair elections based on
secret balloting and universal suffrage as an expression of the
sovereignty of the people, the pluralistic system of political
parties and organizations, and the separation of powers and
independence of the branches of government.''.
(2) Article 4 of the Inter-American Democratic Charter
states that ''Transparency in government activities, probity,
responsible public administration on the part of governments,
respect for social rights, and freedom of expression and of the
press are essential components of the exercise of democracy.
The constitutional subordination of all state institutions to
the legally constituted civilian authority and respect for the
rule of law on the part of all institutions and sectors of
society are equally essential to democracy.''.
(3) Article 20 of the Inter-American Democratic Charter
states that ''In the event of an unconstitutional alteration of
the constitutional regime that seriously impairs the democratic
order in a member state, any member state or the Secretary
General may request the immediate convocation of the Permanent
Council to undertake a collective assessment of the situation
and to take such decisions as it deems appropriate. The
Permanent Council, depending on the situation, may undertake
the necessary diplomatic initiatives, including good offices,
to foster the restoration of democracy.''.
(4) In December 2010, Venezuela's President, Hugo Chavez,
in coordination with a pliant legislature, passed a package of
laws, including the Enabling Act or Enabling Law, which
fundamentally altered the Venezuelan Constitution.
(5) As a result of the legislation, essential freedoms are
impaired, including the freedom of speech through restrictions
on the internet and television, a breakdown in strong,
independent, and pluralistic political parties through
electoral reform that expels from parliament politicians who
change parties, vote against certain legislation, or align with
ideologically opposed ideas or people, separation of powers and
subordination of the state to the people through the removal of
the municipal and regional governments' constitutional mandate,
and fundamentally altering the ability of the people to govern
themselves, in addition to the president's ability to rule by
decree for eighteen months in nine broad areas such as social,
economic, territorial, and national security, and respect for
social rights through changes to the education sector by
controlling curriculum and ideology in universities.
(6) The package of laws, including the Enabling Act,
therefore violate essential elements of the exercise of
democracy as stated in Articles 3 and 4 of the Inter-American
Democratic Charter.
(7) Secretary General Jose Miguel Insulza stated in an
interview with Associated Press that he believed the Enabling
Act in Venezuela was ''anti-democratic, unconstitutional and a
violation of the Inter-American Charter,''.
(8) Assistant Secretary of State for the Western
Hemisphere, Arturo Valenzuela, reiterated the description of
the Enabling Law as ''undemocratic''.
(9) The most recent Worldwide Threat Assessment by the
Director of National Intelligence found that ''at the end of
the legislature's lame duck term, Chavez and his allies passed
legislation that gives more resources to his loyal community
councils, allowing Chavez to claim that he is both bolstering
participatory democracy and creating new means of funneling
resources to supporters.''.
(10) According to the Inter-American Democratic Charter,
invocation of Article 20 may be made by the Secretary General
or any member state of the Organization of the American States
in the event of an unconstitutional alteration of the
constitutional regime that seriously impairs the democratic
order in a member state.
(11) Also, according to the Inter-American Democratic
Charter, invocation of Article 20 signifies the calling of the
Permanent Council to determine next steps, through diplomatic
initiatives, to foster the restoration of democracy in a member
state. If such initiatives fail to restore democracy, Article
21 is employed to call a special session of the General
Assembly in order to take the decision to suspend such member
state from the exercise of its right to participate in the OAS
by an affirmative vote of two-thirds of the member states in
accordance with the Charter of the OAS. The suspension shall
take effect immediately.

SEC. 2. INVOCATION OF ARTICLE 20 OF THE INTER-AMERICAN DEMOCRATIC
CHARTER.

(a) Withholding of Contributions.--For every Permanent Council
meeting of the Organization of American States (OAS) that, beginning
after the date of the enactment of this Act, meets without the
invocation of Article 20 of the Inter-American Democratic Charter and
the ensuing discussion with regard to Venezuela's violation of such
Charter, as guaranteed in such Charter, the Secretary of State shall
withhold 20 percent of assessed and voluntary United States
contributions to the OAS for the fiscal year in which each such meeting
begins (or, if 20 percent is not available for withholding in such
fiscal year, the Secretary shall withhold the highest percentage
possible in such fiscal year and the remaining percentage in the
subsequent fiscal year).
(b) Resumption of Contributions.--The Secretary of State shall
resume making assessed and voluntary United States contributions to the
OAS upon the invocation of Article 20 and the discussion of Venezuela's
violation of the Inter-American Democratic Charter at a meeting of the
Permanent Council.
(c) Deficit Reduction.--Amounts withheld pursuant to subsection (a)
shall be applied to reduce the Federal budget deficit, or, for any
fiscal year for which there is no Federal budget deficit, to reduce the
Federal debt.
Example Output:
Directs the Secretary of State to: (1) withhold 20% of U.S. assessed and voluntary contributions to the Organization of American States (OAS) for every permanent council meeting at which Article 20 of the Inter-American Charter is not invoked with regard to Venezuela's recent constitutional reforms, and (2) resume making such contributions upon the invocation of Article 20 and the discussion of Venezuela's violation of the Inter-American Democratic Charter at a meeting of the Permanent Council of the OAS.