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

This Act may be cited as the ''American Missile Protection Act of
1998''.

SEC. 2. FINDINGS.

Congress makes the following findings:
(1) The threat of weapons of mass destruction delivered by
long-range ballistic missiles is among the most serious
security issues facing the United States.
(A) In a 1994 Executive Order, President Clinton
certified, that ''I ... find that the proliferation of
nuclear, biological, and chemical weapons ('weapons of
mass destruction') and the means of delivering such
weapons, constitute an unusual and extraordinary threat
to the national security, foreign policy, and economy
of the United States, and hereby declare a national
emergency to deal with that threat.'' This state of
emergency was reaffirmed in 1995, 1996, and 1997.
(B) In 1994 the President stated, that ''there is
nothing more important to our security and the world's
stability than preventing the spread of nuclear weapons
and ballistic missiles''.
(C) Several countries hostile to the United States
have been particularly determined to acquire missiles
and weapons of mass destruction. President Clinton
observed in January of 1998, for example, that ''Saddam
Hussein has spent the better part of this decade, and
much of his nation's wealth, not on providing for the
Iraqi people, but on developing nuclear, chemical and
biological weapons and the missiles to deliver them''.
(D) In 1996, the Senate affirmed that, ''it is in
the supreme interest of the United States to defend
itself from the threat of limited ballistic missile
attack, whatever the source.''
(2) The long-range ballistic missile threat to the United
States is increasing.
(A) Several adversaries of the United States have
stated their intention to acquire intercontinental
ballistic missiles capable of attacking the United
States.
(i) Libyan leader Muammar Qaddafi has
stated, ''If they know that you have a
deterrent force capable of hitting the United
States, they would not be able to hit you. If
we had possessed a deterrent--missiles that
could reach New York--we would have hit it at
the same moment. Consequently, we should build
this force so that they and others will no
longer think about an attack.''
(ii) Abu Abbas, the head of the Palestine
Liberation Front, has stated, ''I would love to
be able to reach the American shore, but this
is very difficult. Someday an Arab country will
have ballistic missiles. Someday an Arab
country will have a nuclear bomb. It is better
for the United States and for Israel to reach
peace with the Palestinians before that day.''
(iii) Saddam Hussein has stated, ''Our
missiles cannot reach Washington. If we could
reach Washington, we would strike if the need
arose.''
(iv) Iranian actions speak for themselves.
Iran's aggressive pursuit of medium-range
ballistic missiles capable of striking Central
Europe--aided by the continuing collaboration
of outside agents--demonstrates Tehran's intent
to acquire ballistic missiles of ever-
increasing range.
(B) Over 30 non-NATO countries possess ballistic
missiles, with at least 10 of those countries
developing over 20 new types of ballistic missiles.
(C) From the end of World War II until 1980,
ballistic missiles were used in one conflict. Since
1980, thousands of ballistic missiles have been fired
in at least six different conflicts.
(D) The clear trend among countries hostile to the
United States is toward having ballistic missiles of
greater range.
(i) North Korea first acquired 300-
kilometer range Scud Bs, then developed and
deployed 500-kilometer range Scud Cs, is
currently deploying the 1000-kilometer range
No-Dong, and is developing the 2000-kilometer
range Taepo-Dong 1 and 6000-kilometer range
Taepo-Dong 2, which would be capable of
striking Alaska and Hawaii.
(ii) Iran acquired 150-kilometer range CSS-
8s, progressed through the Scud B and Scud C,
and is developing the 1300-kilometer range
Shahab-3 and 2000-kilometer range Shahab-4,
which would allow Iran to strike Central
Europe.
(iii) Iraq, in a two-year crash program,
produced a new missile, the Al-Hussein, with
twice the range of its Scud Bs.
(iv) Experience gained from extending the
range of short- and medium-range ballistic
missiles facilitates the development of
intercontinental ballistic missiles.
(E) The technical information, hardware, and other
resources necessary to build ballistic missiles are
increasingly available and accessible worldwide.
(i) Due to advances in information
technology, a vast amount of technical
information relating to ballistic missile
design, much of it formerly classified, has
become widely available and is increasingly
accessible through the Internet and other
distribution avenues.
(ii) Components, tools, and materials to
support ballistic missile development are
increasingly available in the commercial
aerospace industry.
(iii) Increasing demand for satellite-based
telecommunications is adding to the demand for
commercial Space Launch Vehicles, which employ
technology that is essentially identical to
that of intercontinental ballistic missiles. As
this increasing demand is met, the technology
and expertise associated with space launch
vehicles also proliferate.
(F) Russia and China have provided significant
technical assistance to rogue nation ballistic missile
programs, accelerating the pace of those efforts. In
June of 1997, the Director of Central Intelligence,
reporting to Congress on weapons of mass destruction-
related equipment, materials, and technology, stated
that ''China and Russia continued to be the primary
suppliers, and are key to any future efforts to stem
the flow of dual-use goods and modern weapons to
countries of concern.''
(G) Russia and China continue to engage in missile
proliferation.
(i) Despite numerous Russian assurances not
to assist Iran with its ballistic missile
program, the Deputy Assistant Secretary of
State for Nonproliferation testified to the
Senate, that ''the problem is this: there is a
disconnect between those reassurances, which we
welcome, and what we believe is actually
occurring.''
(ii) Regarding China's actions to
demonstrate the sincerity of its commitment to
nonproliferation, the Director of Central
Intelligence testified to the Senate on January
28, 1998, that, ''the jury is still out on
whether the recent changes are broad enough in
scope and whether they will hold over the
longer term. As such, Chinese activities in
this area will require continued close
watching.''
(H) The inability of the United States to defend
itself against weapons of mass destruction delivered by
long-range ballistic missile provides additional
incentive for hostile nations to develop long-range
ballistic missiles with which to threaten the United
States. Missiles are widely viewed as valuable tools
for deterring and coercing a vulnerable United States.
(3) The ability of the United States to anticipate future
ballistic missile threats is questionable.
(A) The Intelligence Community has failed to
anticipate many past technical innovations (for
example, Iraq's extended-range Al-Hussein missiles and
its development of a space launch vehicle) and outside
assistance enables rogue states to surmount traditional
technological obstacles to obtaining or developing
ballistic missiles of increasing range.
(B) In June of 1997, the Director of Central
Intelligence reported to Congress that ''many Third
World countries--with Iran being the most prominent
example--are responding to Western counter-
proliferation efforts by relying more on legitimate
commercial firms as procurement fronts and by
developing more convoluted procurement networks.''
(C) In June of 1997, the Director of Central
Intelligence stated to Congress that ''gaps and
uncertainties preclude a good projection of exactly
when 'rest of the world' countries will deploy ICBMs.''
(D) In 1997, the Director of Central Intelligence
testified that Iran would have a medium-range missile
by 2007. One year later the Director stated, ''since I
testified, Iran's success in getting technology and
materials from Russian companies, combined with recent
indigenous Iranian advances, means that it could have a
medium-range missile much sooner than I assessed last
year.'' Department of State officials have testified
that Iran could be prepared to deploy such a missile as
early as late 1998, nine years earlier than had been
predicted one year before by the Director of Central
Intelligence.
(4) The failure to prepare adequately for long-range
ballistic missile threats could have severe national security
and foreign policy consequences for the United States.
(A) An attack on the United States by a ballistic
missile equipped with a weapon of mass destruction
could inflict catastrophic death or injury to citizens
of the United States and severe damage to their
property.
(B) A rogue state's ability to threaten the United
States with an intercontinental ballistic missile may
constrain the United States' options in dealing with
regional threats to its interests, deter the United
States from taking appropriate action, or prompt allies
to question United States security guarantees, thereby
weakening alliances of the United States and the United
States' world leadership position.
(5) The United States must be prepared for rogue nations
acquiring long-range ballistic missiles armed with weapons of
mass destruction.
(A) In its resolution of ratification for the START
II Treaty, the United States Senate declared that
''because deterrence may be inadequate to protect the
United States against long-range ballistic missile
threats, missile defenses are a necessary part of new
deterrent strategies.''
(B) In September of 1994, Secretary of Defense
Perry stated that in the post-Cold War era, ''we now
have opportunity to create a new relationship based not
on MAD, not on Mutual Assured Destruction, but rather
on another acronym, MAS, or Mutual Assured Safety.''
(C) On February 12, 1997, the Under Secretary of
Defense for Policy testified to the Senate that ''I and
the administration are quite willing to acknowledge
that if we saw a rogue state, a potential proliferant,
beginning to develop a long-range ICBM capable of
reaching the United States, we would have to give very,
very serious attention to deploying a limited national
missile defense.''
(6) The United States has no defense deployed against
weapons of mass destruction delivered by long-range ballistic
missiles and no policy to deploy such a national missile
defense system.

SEC. 3. NATIONAL MISSILE DEFENSE POLICY.

It is the policy of the United States to deploy as soon as is
technologically possible an effective National Missile Defense system
capable of defending the territory of the United States against limited
ballistic missile attack (whether accidental, unauthorized, or
deliberate).

Answer: American Missile Protection Act of 1998 - States as U.S. policy to deploy as soon as technologically possible an effective National Missile Defense system capable of defending U.S. territory against limited ballistic missile attack (whether accidental, unauthorized, or deliberate).

Question: SECTION 1. SHORT TITLE.

This Act may be cited as the ''National Park Centennial Act of
2004''.

SEC. 2. FINDINGS AND PURPOSE.

(a) Findings.--Congress finds:
(1) The National Park Service was established to conserve
the national parks, their scenery, natural and historic
objects, and wildlife for the enjoyment, in such manner and by
such means as will leave them unimpaired for the enjoyment of
future generations.
(2) The central purpose of the establishment of our
national parks is being challenged by chronic funding
shortfalls, which have created annual shortfalls in operational
funding that exceed $600,000,000, and have amassed a
maintenance backlog estimated by the General Accounting Office
at between $4,080,000,000 and $6,800,000,000.
(3) Without providing the Park Service the resources
necessary to operate and maintain our national parks, future
generations will receive diminished visitor services, will
experience a continually weakening system that is less and less
able to fulfill its mission, and will inherit a national park
system than has been left to them in worse condition that it
was left to their ancestors.
(4) The annual appropriations process has proved incapable
of fully addressing the debilitating funding shortfalls of the
national parks, making it necessary to supplement what the
appropriations process is able to accomplish.
(5) It is necessary to ensure that fiscal resources devoted
to the national parks are spent wisely and effectively, making
strong congressional oversight over annual appropriations
extremely important.
(6) Congress can enhance the resources available for
national park operations and ensure adequate oversight over
Park Service spending by removing from the appropriations
process a series of funding responsibilities that are outside
the core operating budgets for the national parks.
(b) Purpose.--The purpose of this Act is to eliminate the annual
operating deficit and the maintenance backlog in the national parks by
the centennial anniversary of the National Park System by enabling
Congress to focus on overseeing and fully funding the core operations
of the national parks in the annual appropriations process.

TITLE I--CENTENNIAL FUND

SEC. 101. CENTENNIAL FUND FOR PRESERVING AMERICA'S NATIONAL PARKS.

(a) Establishment.--There is established in the Treasury of the
United States a fund which shall be known as the ''National Park
Centennial Fund'', hereinafter in this Act referred to as the
''Centennial Fund''. In each fiscal year beginning in fiscal year 2005,
the Secretary of the Treasury shall deposit in the Centennial Fund
amounts set forth in subsection (b) sufficient to fund the programs
identified in titles II, III, and IV.
(b) Appropriations.--There are hereby appropriated to the
Centennial Fund in each fiscal year, the following amounts:
(1) Amounts equivalent to the amounts designated in the
fiscal year concerned under section 6097 of the Internal
Revenue Code of 1986.
(2) Any additional amounts necessary to make the total
amounts deposited to the Centennial Fund each fiscal year equal
to the total amount listed in section 103.

SEC. 102. DESIGNATION OF OVERPAYMENTS AND CONTRIBUTIONS FOR THE BENEFIT
OF UNITS OF THE NATIONAL PARK SYSTEM.

(a) In General.--Subchapter A of chapter 61 of the Internal Revenue
Code of 1986 is amended by adding at the end the following new part:

''PART IX--DESIGNATION OF OVERPAYMENTS AND CONTRIBUTIONS FOR THE
BENEFIT OF UNITS OF THE NATIONAL PARK SYSTEM

''Sec. 6097. Designation.

''SEC. 6097. DESIGNATION.

''(a) In General.--In the case of an individual, with respect to
each taxpayer's return for the taxable year of the tax imposed by
chapter 1, such taxpayer may designate that--
''(1) a specified portion (but not less than $1) of any
overpayment of tax for such taxable year, and
''(2) any cash contribution which the taxpayer includes
with such return, shall be used for the benefit of units of the
National Park System.
''(b) Manner and Time of Designation.--A designation under
subsection (a) may be made with respect to any taxable year only at the
time of filing the return of the tax imposed by chapter 1 for such
taxable year. Such designation shall be made in such manner as the
Secretary prescribes by regulations except that such designation shall
be made either on the first page of the return or on the page bearing
the taxpayer's signature.
''(c) Overpayments Treated as Refunded.--For purposes of this
title, any portion of any overpayment of tax designated under
subsection (a) shall be treated as being refunded to the taxpayer as of
the last date prescribed for filing the return of tax imposed by
chapter 1 (determined without regard to extensions) or, if later, the
date the return is filed.''.
(b) Clerical Amendment.--The table of parts for subchapter A of
chapter 61 of such Code is amended by adding at the end thereof the
following new item:

''Part IX. Designation of overpayments and contributions for the
benefit of units of the National Park System''.

(c) Effective Date.--The amendments made by this section shall
apply to taxable years beginning after December 31, 2004.

SEC. 103. PROGRAM ALLOCATION.

The following amounts shall be deposited in the Centennial Fund
from amounts designated under section 102 (and from the General Fund of
the Treasury to the extent the amounts so designated are less than the
total amounts specified in this section for the fiscal year concerned).
Such amounts shall, without further appropriation, be available to the
Secretary of the Interior until expended:
(1) Fiscal year 2005: $100,000,000.
(2) Fiscal year 2006: $125,000,000.
(3) Fiscal year 2007: $150,000,000.
(4) Fiscal year 2008: $175,000,000.
(5) Such sums as may be necessary through fiscal year 2016.

SEC. 104. DISTRIBUTION OF FUND.

There are hereby created within the Centennial Fund 3 accounts,
designated for the following purposes:
(1) National Park Backlog Elimination Fund (60 percent).
(2) Natural Resource Challenge Fund (20 percent).
(3) Cultural Resource Challenge Fund (20 percent).

SEC. 105. PATRIOTS FOR PARKS PROMOTION.

There are hereby authorized to be appropriated to the Secretary of
the Interior such sums as necessary for a public awareness campaign
about the existence of the National Park Centennial Fund created in
section 101 and the ability of taxpayers to contribute to it through
the tax checkoff created in section 6097 of the Internal Revenue Code
of 1986.

TITLE II--ELIMINATING THE NATIONAL PARK MAINTENANCE BACKLOG

SEC. 201. BACKLOG ELIMINATION.

(a) In General.--Sixty percent of the funds deposited into the
Centennial Fund shall be used to eliminate the backlog of unmet needs
in the National Parks, as identified in the Facility Condition Index
(hereinafter in this Act referred to as the ''FCI'') of the National
Park Service.
(b) Priorities.--(1) The Secretary of the Interior shall prepare,
as part of the annual budget proposal, a priority list for projects to
be funded under this section. Moneys shall be made available from the
fund, without further appropriation, effective October 15 of each
calendar year, for the projects identified on the priority list, unless
prior to such date, legislation is enacted establishing a different
priority list.
(2) In preparing the list of projects to be funded under this
section, the Secretary of the Interior shall give priority to projects
that--
(A) are identified in the park unit's general management
plan;
(B) are listed in the FCI;
(C) are identified by the Secretary of the Interior as
necessary to prevent immediate damage to the park unit's
natural, cultural, or historic resources, with priority given
to projects with the most significant benefit to conservation
of resources or visitor education; and
(D) are identified as necessary to promote public health
and safety.
(c) Overhead.--National Parks undertaking projects under this
section may allocate up to 8 percent of the funds for such projects for
oversight of such projects and other associated overhead
responsibilities.

TITLE III--PROTECTING NATURAL WONDERS

SEC. 301. NATURAL RESOURCE CHALLENGE.

(a) Natural Resource Protection.--Twenty percent of the funds
deposited into the Centennial Fund shall be used to protect natural
resources within the parks.
(b) Project Description.--The Secretary of the Interior shall
prepare, as part of the annual budget proposal, a description of
projects to be funded under this section. Moneys shall be made
available from the Centennial Fund, without further appropriation,
effective October 15 of each calendar year for activities that include
each of the following:
(1) Natural resource inventories.
(2) Monitoring efforts including air and water quality
monitoring.
(3) Protection of native and endangered species and their
habitats.
(4) Control of nonnative species.
(5) Resource planning.
(6) Increase collaboration with scientists.
(7) Authorized environmental restoration projects.
(8) Use of parks for learning.
(9) Establishment of partnerships with nonpark entities for
the purpose of leveraging Federal funds allocated to natural
resource protection.

TITLE IV--PROTECTING NATIONAL TREASURES

SEC. 401. CULTURAL RESOURCE CHALLENGE.

(a) Cultural Resources.--Twenty percent of the funds deposited into
the Centennial Fund shall be used to protect cultural resources within
the national parks.
(b) Project Description.--The Secretary of the Interior shall
prepare, as part of the annual budget proposal, a description of
projects to be funded under this section. Moneys shall be made
available from the fund, without further appropriation, effective
October 15 of each calendar year for activities that include each of
the following:
(1) Cultural or historic resources not listed on the FCI.
(2) Documenting and preserving archaeological sites.
(3) Preserving collections and archives.
(4) Ethnographic activities.
(5) Evaluating and protecting cultural landscapes.
(6) Establishment of partnerships with non-park entities
for the purpose of leveraging Federal funds allocated to
cultural resource protection.

TITLE V--MEETING ANNUAL OPERATING NEEDS

SEC. 501. PROGRESS ON ANNUAL APPROPRIATIONS.

(a) GAO Report.--The General Accounting Office annually shall
submit to the Committee on Appropriations, Committee on Government
Reform, and Committee on Resources of the United States House of
Representatives and to the Committee on Appropriations, Committee on
Government Affairs, and Committee on Energy and Natural Resources of
the United States Senate a report that describes each of the following:
(1) The progress of Congress in eliminating the annual
operating fund deficit in the National Park System, defined as
in excess of $600,000,000 based on a fiscal year 2002 estimate
of then-complete national park business plans, and projection
of when such deficit will be eliminated, based on funding
levels and trends.
(2) A comparison of business plan estimates of national
park needs versus actual funds appropriated to such parks.
(3) Any differences in the Park Service's business plan
methodology for the estimate in paragraph (2) of this
subsection compared to that used in fiscal year 2003.
(4) Management improvement measures undertaken by
individual park units and by the National Park Service as a
whole, including actual realized savings and actual impact on
visitor services and resource protection.
(5) Adjustments in, and the total number of, full-time
equivalent and actual positions dedicated to resource
protection, visitor services, interpretation, and other
employment categories.
(6) Any adjustments made in service to the public,
including but not limited to adjustments to visitor center
hours and the number or quality of ranger-led tours.
(7) Any changes in the Park Service's level of effort due
to partnership or other leveraged activities.
(8) Any new requirements and assessments placed on the
parks for unbudgeted expenses, including, but not limited to,
homeland security, natural disasters, and employee cost-of-
living adjustments.
(9) An assessment of the accuracy and completeness of the
Facility Condition Index described in Title I of this Act,
including adjustments made to such Index on an annual basis.
(b) Business Plan Implementation Pilot (Demonstration) Program.--In
consultation with the Director of the National Park Service, at least
60 percent of the amounts provided under Titles II, III, and IV shall
be distributed to national parks that have completed comprehensive
business plans under the Business Plan Initiative of the National Park
Service.
(c) Education and the National Parks.--The Secretary of Education
is hereby authorized to provide grants to elementary and secondary
schools to enter into cooperative agreements with the National Park
Service for the purpose of distance learning and onsite education
programs for the following purposes:
(1) Connecting students to the history of our Nation
through the national parks.
(2) Using the parks to facilitate scientific instruction.
(d) Intent of Congress to Supplement Annual Appropriations for
National Park Service.--Amounts made available by this Act are intended
by the Congress to supplement, and not detract from, annual
appropriations for the National Park Service.

Answer: National Park Centennial Act of 2004 - Establishes the National Park Centennial Fund (Fund) in the Treasury.

Amends the Internal Revenue Code to allow individual taxpayers to designate overpayments and contributions for the benefit of the National Park System. Allocates such amounts to the Fund (along with necessary amounts from the General Fund to the extent that such amounts are inadequate in any fiscal year) for expenditure by the Secretary of the Interior.

Creates within the Fund the National Park Backlog Elimination Fund, the Natural Resource Challenge Fund, and the Cultural Resource Challenge Fund.

Authorizes appropriations for a public awareness campaign about the Fund and the ability of taxpayers to make tax-related contributions.

Requires a specified percentage of Fund deposits to be used: (1) for the elimination of the backlog of unmet needs in the national parks as identified in the Facility Condition Index of the National Park Service (NPS); (2) to protect natural resources within the parks; and (3) to protect cultural resources within the parks. Requires a majority of such percentages to be distributed to those national parks that have completed comprehensive business plans under the Business Plan Initiative of the NPS.

Directs the Government Accountability Office annually to submit a report on the National Park System to specified congressional committees.

Authorizes the Secretary of Education to provide grants to elementary and secondary schools for cooperative agreements with the NPS providing distance learning and onsite education programs.

Question: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Reduce and End our Deficits Using
Commonsense Eliminations in the Energy Program Act of 2010''.

SEC. 2. TERMINATION OF PAYMENTS TO CERTIFIED STATES AND INDIAN TRIBES
UNDER ABANDONED MINE LANDS PROGRAM.

The Surface Mining Control and Reclamation Act of 1977 (30 U.S.C.
1201 et seq.) is amended--
(1) in section 402(g)(1)(A)(ii), by striking ''or
pursuant'' and all that follows through the end of the sentence
and inserting a period;
(2) in section 402(g)(1)(B)(ii), by striking ''or
pursuant'' and all that follows through the end of the sentence
and inserting a period; and
(3) by amending section 411 to read as follows:

''SEC. 411. CERTIFICATION.

''(a) Certification Required.--The Secretary shall determine and
certify if on the basis of the inventory referred to in section 403(c)
all reclamation projects relating to the priorities described in
section 403(a) for eligible land and water pursuant to section 404 in a
State or of a tribe have been completed.
''(b) Notice and Comment.--The Secretary shall publish notice in
the Federal Register and provide an opportunity for public comment
regarding any certification under subsection (a).
''(c) Limitation on Payments to Certified States and Indian
Tribes.--
''(1) In general.--Except as provided in paragraph (2), and
notwithstanding any other provision of this Act, no payment may
be made under this Act to a State or Indian tribe for which a
determination and certification is required under subsection
(a).
''(2) Payments for health benefits not affected.--Paragraph
(1) shall not apply with respect to payments under subsections
(h) and (i) of section 402.''.

SEC. 3. TERMINATE OIL AND GAS COMPANY TAX PREFERENCES.

(a) Repeal Enhanced Oil Recovery Credit.--Section 43 of the
Internal Revenue Code of 1986 is amended by adding at the end the
following new subsection:
''(f) Termination.--This section shall not apply to any amount,
costs, or expenses paid or incurred after the date of the enactment of
this subsection.''.
(b) Repeal Credit for Oil and Gas Produced From Marginal Wells.--
Section 45I of the Internal Revenue Code of 1986 is amended by adding
at the end the following new subsection:
''(e) Termination.--This section shall not apply to any production
after December 31, 2010.''.
(c) Repeal Expensing of Intangible Drilling Costs.--Subsection (c)
of section 263 of the Internal Revenue Code of 1986 is amended by
adding at the end the following new sentence: ''This subsection shall
not apply to any expense relating to an oil or gas well paid or
incurred after December 31, 2010.''.
(d) Repeal Deduction for Tertiary Injectants.--Section 193 of such
Code is amended by adding at the end the following new subsection:
''(d) Termination.--Subsection (a) shall not apply to any amount
paid or incurred after the date of the enactment of this subsection.''.
(e) Repeal Exception to Passive Loss Limitation for Working
Interests in Oil and Natural Gas Properties.--Subsection (c) of section
469 of such Code is amended by striking paragraph (3) (relating to
working interests in oil and gas property).
(f) Repeal Percentage Depletion for Oil and Natural Gas Wells.--
(1) In general.--Section 613A of the Internal Revenue Code
of 1986 is amended by adding at the end the following new
subsection:
''(f) Termination.--After December 31, 2010, this section and
section 611 shall not apply to any oil or gas well.''.
(2) Conforming amendment.--Section 613A(c)(1) of such Code
is amended by striking ''subsection (d)'' and inserting
''subsections (d) and (f)''.
(g) Repeal Domestic Manufacturing Tax Deduction for Oil and Natural
Gas Companies.--
(1) In general.--Subparagraph (B) of section 199(c)(4) of
such Code is amended by striking ''and'' at the end of clause
(ii), by striking the period at the end of clause (iii) and
inserting '', and'', and by inserting after clause (iii) the
following:
''(iv) production or extraction relating to
any oil or gas.''.
(2) Conforming amendment.--Section 199(c)(4)(A)(i)(III) of
such Code is amended by striking '', natural gas,''.
(h) Increase Geological and Geophysical Amortization Period for
Independent Producers to Seven Years.--
(1) In general.--Paragraphs (1) and (4) of section 167(h)
of such Code is amended by striking ''24-month'' both places it
appears and inserting ''7-year''.
(2) Conforming amendment.--Section 167(h) of such Code is
amended by striking paragraph (5).
(i) Effective Date.--
(1) The amendments made by subsection (a), (c), (e), and
(f) shall apply to amounts paid or incurred in taxable years
beginning after December 31, 2010.
(2) The amendments made by subsections (b), (d), (g), and
(h) shall apply to amounts paid or incurred in taxable years
beginning after December 31, 2010.

SEC. 4. DEPARTMENT OF ENERGY OIL AND GAS RESEARCH AND DEVELOPMENT.

Sections 965 through 967 of the Energy Policy Act of 2005 (42
U.S.C. 16295-16297) are repealed.

SEC. 5. NUCLEAR WASTE REPOSITORY.

The Secretary of Energy shall discontinue the application before
the Nuclear Regulatory Commission for a license to construct a high-
level nuclear waste geologic repository at Yucca Mountain, Nevada.

SEC. 6. SALE OF CERTAIN SEPA AND TVA FACILITIES.

(a) Sale of Southeastern Power Administration and TVA Facilities.--
(1) Southeastern power administration and related
facilities.--
(A) Sale of southeastern power administration and
related power generating assets.--The Secretary of
Energy shall develop and carry out a plan to provide
for the sale of the electric energy generation
facilities that are currently owned and operated by
Federal departments and agencies under the supervision
of, or working in coordination with, the Southeastern
Power Administration, together with any and all other
assets, rights, interests, and obligations held or
owned by the Southeastern Power Administration. The
heads of other affected Federal departments and
agencies shall assist the Secretary of Energy in
implementing the sales authorized by this subparagraph.
(B) Exclusion of dams and reservoirs.--The
authority of the Secretary of Energy under subparagraph
(A) shall apply with respect to facilities for the
generation of electric energy, including turbines,
generators, controls, and substations, and shall not
apply with respect to any dam, reservoir, or waterfront
property.
(C) Report to congress.--At least 60 days before
implementing a plan developed under this paragraph, the
Secretary of Energy shall submit to Congress a report
containing the plan.
(2) TVA facilities.--
(A) Sale of power program.--The Tennessee Valley
Authority shall develop and carry out a plan to provide
for the sale of the rights and assets of its electric
power program.
(B) Hydroelectric facility exclusion.--The
authority of the Tennessee Valley Authority under
subparagraph (A) shall not apply with respect to any
hydroelectric power generation facility owned and
operated by the Authority (including dams and
appurtenant works and structures).
(C) Report to congress.--At least 60 days before
implementing a plan developed under this paragraph, the
Tennessee Valley Authority shall submit to Congress a
report containing the plan.
(b) Proceeds.--The proceeds of any sale under this section shall be
used first to offset the costs of carrying out the sale and the
remaining net proceeds shall be deemed to extinguish the outstanding
debt repayable to the United States and attributable to the assets
being sold. Any portion of the net proceeds that exceeds the net
present value of the outstanding debt repayable to the United States
and attributable to the assets being sold shall be deposited in the
Treasury of the United States as miscellaneous receipts.
(c) Treatment of Sales for Purposes of Certain Laws.--A sale of
assets under this section shall not be considered a disposal of Federal
surplus property under subchapter III of chapter 5 of title 40, United
States Code, or any other applicable provision of law.
(d) Date of Sale.--To be extent practicable, all sales under this
section shall be completed before December 31, 2010.
(e) Termination of the Southeastern Power Administration.--
Following the sale of the assets referred to in subsection (a)(1), the
Secretary of Energy shall complete the business of and close out the
Southeastern Power Administration and return any unexpended balances of
funds appropriated for the Southeastern Power Administration to the
Treasury of the United States.

SEC. 7. VOLUME OF STRATEGIC PETROLEUM RESERVE.

Section 154(a) of the Energy Policy and Conservation Act (42 U.S.C.
6234(a)) is amended by striking ''1 billion'' and inserting
''650,000,000''.

SEC. 8. ULTRA-DEEPWATER AND UNCONVENTIONAL NATURAL GAS AND OTHER
PETROLEUM RESOURCES.

Sections 999A through 999H of the Energy Policy Act of 2005 (42
U.S.C. 16371-16378) are repealed.

Answer:
Reduce and End our Deficits Using Commonsense Eliminations in the Energy Program Act of 2010 - Amends the Surface Mining Control and Reclamation Act of 1977 to terminate allocations of abandoned mine reclamation fees, except payments for health benefits, to states and Indian tribes that are certified to have completed coal mining reclamation.

Amends the Internal Revenue Code to terminate: (1) the enhanced oil recovery credit; (2) the credit for oil and gas produced from marginal wells; (3) the expensing of intangible drilling costs; (4) the deduction for tertiary injectants; (5) the exception to the passive loss limitation for working interests in oil and natural gas properties; (6) the percentage depletion deduction for oil and natural gas wells; and (7) the domestic manufacturing tax deduction for oil and natural gas companies.

Increases to seven years the geological and geophysical amortization period for independent producers.

Amends the Energy Policy Act of 2005 to repeal authority for: (1) the oil and gas research programs; (2) the low-volume oil and gas reservoir program; and (3) the Complex Well Technology Testing Facility at the Rocky Mountain Oilfield Testing Center.

Instructs the Secretary of Energy to: (1) discontinue the application before the Nuclear Regulatory Commission (NRC) for a license to construct a high-level nuclear waste geologic repository at Yucca Mountain, Nevada; (2) plan for the sale of federally owned and operated electric energy generation facilities under the supervision of, or working in coordination with, the Southeastern Power Administration (SEPA); and (3) terminate SEPA following such sale. Excludes from such sale any dam, reservoir, or waterfront property.

Directs the Tennessee Valley Authority (TVA) to sell the rights and assets of its electric power program. Excludes from the sale any hydroelectric power generation facility owned and operated by TVA (including dams and appurtenant works and structures).

Deems the remaining net proceeds from any such sale, after offset for sale costs, to extinguish the outstanding debt repayable to the United States and attributable to the assets being sold.

Amends the Energy Policy and Conservation Act to decrease the storage capacity of the Strategic Petroleum Reserve from 1 billion to 650 million barrels.

Amends the Energy Policy Act of 2005 to repeal the Secretary's program authority for research, development, demonstration, and commercial application of technologies for ultra-deepwater and unconventional natural gas and other petroleum resource exploration and production.