Detailed Instructions: In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.
See one example below:
Problem: SECTION 1. LIABILITY OF BUSINESS ENTITIES PROVIDING USE OF FACILITIES
TO NONPROFIT ORGANIZATIONS.

(a) Definitions.--In this section:
(1) Business entity.--The term ''business entity'' means a
firm, corporation, association, partnership, consortium, joint
venture, or other form of enterprise.
(2) Facility.--The term ''facility'' means any real
property, including any building, improvement, or appurtenance.
(3) Gross negligence.--The term ''gross negligence'' means
voluntary and conscious conduct by a person with knowledge (at
the time of the conduct) that the conduct is likely to be
harmful to the health or well-being of another person.
(4) Intentional misconduct.--The term ''intentional
misconduct'' means conduct by a person with knowledge (at the
time of the conduct) that the conduct is harmful to the health
or well-being of another person.
(5) Nonprofit organization.--The term ''nonprofit
organization'' means--
(A) any organization described in section 501(c)(3)
of the Internal Revenue Code of 1986 and exempt from
tax under section 501(a) of such Code; or
(B) any not-for-profit organization organized and
conducted for public benefit and operated primarily for
charitable, civic, educational, religious, welfare, or
health purposes.
(6) State.--The term ''State'' means each of the several
States, the District of Columbia, the Commonwealth of Puerto
Rico, the Virgin Islands, Guam, American Samoa, the Northern
Mariana Islands, any other territory or possession of the
United States, or any political subdivision of any such State,
territory, or possession.
(b) Limitation on Liability.--
(1) In general.--Subject to subsection (c), a business
entity shall not be subject to civil liability relating to any
injury or death occurring at a facility of the business entity
in connection with a use of such facility by a nonprofit
organization if--
(A) the use occurs outside of the scope of business
of the business entity;
(B) such injury or death occurs during a period
that such facility is used by the nonprofit
organization; and
(C) the business entity authorized the use of such
facility by the nonprofit organization.
(2) Application.--This subsection shall apply--
(A) with respect to civil liability under Federal
and State law; and
(B) regardless of whether a nonprofit organization
pays for the use of a facility.
(c) Exception for Liability.--Subsection (b) shall not apply to an
injury or death that results from an act or omission of a business
entity that constitutes gross negligence or intentional misconduct,
including any misconduct that--
(1) constitutes a crime of violence (as that term is
defined in section 16 of title 18, United States Code) or act
of international terrorism (as that term is defined in section
2331 of title 18) for which the defendant has been convicted in
any court;
(2) constitutes a hate crime (as that term is used in the
Hate Crime Statistics Act (28 U.S.C. 534 note));
(3) involves a sexual offense, as defined by applicable
State law, for which the defendant has been convicted in any
court; or
(4) involves misconduct for which the defendant has been
found to have violated a Federal or State civil rights law.
(d) Superseding Provision.--
(1) In general.--Subject to paragraph (2) and subsection
(e), this Act preempts the laws of any State to the extent that
such laws are inconsistent with this Act, except that this Act
shall not preempt any State law that provides additional
protection from liability for a business entity for an injury
or death with respect to which conditions under subparagraphs
(A) through (C) of subsection (b)(1) apply.
(2) Limitation.--Nothing in this Act shall be construed to
supersede any Federal or State health or safety law.
(e) Election of State Regarding Nonapplicability.--This Act shall
not apply to any civil action in a State court against a business
entity in which all parties are citizens of the State if such State
enacts a statute--
(1) citing the authority of this subsection;
(2) declaring the election of such State that this Act
shall not apply to such civil action in the State; and
(3) containing no other provision.
Solution: Shields a business entity from civil liability relating to any injury or death occurring at a facility of that entity in connection with a use of such facility by a nonprofit organization if: (1) the use occurs outside the scope of business of the business entity; (2) such injury or death occurs during a period that such facility is used by such organization; and (3) the business entity authorized the use of such facility by the organization.
Makes this Act inapplicable to an injury or death that results from an act or omission of a business entity that constitutes gross negligence or intentional misconduct, including misconduct that: (1) constitutes a hate crime or a crime of violence or act of international terrorism for which the defendant has been convicted in any court; or (2) involves a sexual offense for which the defendant has been convicted in any court or misconduct for which the defendant has been found to have violated a Federal or State civil rights law.
Preempts State laws to the extent that such laws are inconsistent with this Act, except State law that provides additional protection from liability. Specifies that this Act shall not be construed to supersede any Federal or State health or safety law.
Makes this Act inapplicable to any civil action in a State court against a business entity in which all parties are citizens of the State if such State, citing this Act's authority and containing no other provision, enacts a statute declaring the State's election that this Act shall not apply to such action in the State.
Explanation: This Bill focuses on shielding business entities from civil liability relating to an injury or death depending on the conditions of injury, hence the generated summary is correct.

Problem: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Commercial Revitalization Tax Act of
1995''.

SEC. 2. COMMERCIAL REVITALIZATION TAX CREDIT.

(a) Allowance of Credit.--Section 46 of the Internal Revenue Code
of 1986 (relating to investment credit) is amended by striking ''and''
at the end of paragraph (2), by striking the period at the end of
paragraph (3) and inserting '', and'', and by adding at the end the
following new paragraph:
''(4) the commercial revitalization credit.''
(b) Commercial Revitalization Credit.--Subpart E of part IV of
subchapter A of chapter 1 of the Internal Revenue Code of 1986
(relating to rules for computing investment credit) is amended by
inserting after section 48 the following new section:

''SEC. 48A. COMMERCIAL REVITALIZATION CREDIT.

''(a) General Rule.--For purposes of section 46, except as provided
in subsection (e), the commercial revitalization credit for any taxable
year is an amount equal to the applicable percentage of the qualified
revitalization expenditures with respect to any qualified
revitalization building.
''(b) Applicable Percentage.--For purposes of this section--
''(1) In general.--The term 'applicable percentage' means--
''(A) 20 percent, or
''(B) at the election of the taxpayer, 5 percent
for each taxable year in the credit period.
The election under subparagraph (B), once made, shall be
irrevocable.
''(2) Credit period.--
''(A) In general.--The term 'credit period' means,
with respect to any building, the period of 10 taxable
years beginning with the taxable year in which the
building is placed in service.
''(B) Applicable rules.--Rules similar to the rules
under paragraphs (2) and (4) of section 42(f) shall
apply.
''(c) Qualified Revitalization Buildings and Expenditures.--For
purposes of this section--
''(1) Qualified revitalization building.--The term
'qualified revitalization building' means any building (and its
structural components) if--
''(A) such building is located in an eligible
commercial revitalization area,
''(B) a commercial revitalization credit amount is
allocated to the building under subsection (e), and
''(C) depreciation (or amortization in lieu of
depreciation) is allowable with respect to the
building.
''(2) Qualified rehabilitation expenditure.--
''(A) In general.--The term 'qualified
rehabilitation expenditure' means any amount properly
chargeable to capital account--
''(i) for properly for which depreciation
is allowable under section 168 and which is--
''(I) nonresidential real property,
or
''(II) an addition or improvement
to property described in subclause (I),
''(ii) in connection with the construction
or substantial rehabilitation or reconstruction
of a qualified revitalization building, and
''(iii) for the acquisition of land in
connection with the qualified revitalization
building.
''(B) Dollar limitation.--The aggregate amount
which may be treated as qualified revitalization
expenditures with respect to any qualified
revitalization building for any taxable year shall not
exceed $10,000,000, reduced by any such expenditures
with respect to the building taken into account by the
taxpayer or any predecessor in determining the amount
of the credit under this section for all preceding
taxable years.
''(C) Certain expenditures not included.--The term
'qualified revitalization expenditure' does not
include--
''(i) Straight line depreciation must be
used.--Any expenditure (other than with respect
to land acquisitions) with respect to which the
taxpayer does not use the straight line method
over a recovery period determined under
subsection (c) or (g) of section 168. The
preceding sentence shall not apply to any
expenditure to the extent the alternative
depreciation system of section 168(g) applies
to such expenditure by reason of subparagraph
(B) or (C) of section 168(g)(1).
''(ii) Acquisition costs.--The costs of
acquiring any building or interest therein and
any land in connection with such building to
the extent that such costs exceed 30 percent of
the qualified revitalization expenditures
determined without regard to this clause.
''(iii) Other credits.--Any expenditure
which the taxpayer may take into account in
computing any other credit allowable under this
part unless the taxpayer elects to take the
expenditure into account only for purposes of
this section.
''(3) Eligible commercial revitalization area.--The term
'eligible commercial revitalization area' means--
''(A) an empowerment zone or enterprise community
designated under subchapter U,
''(B) any area established pursuant to any
consolidated planning process for the use of Federal
housing and community development funds, and
''(C) any other specially designated commercial
revitalization district established by any State or
local government, which is a low- income census tract
or low-income nonmetropolitan area (as defined in
subsection (e)(2)(C) and is not primarily a
nonresidential central business district.
''(4) Substantial rehabilitation or reconstruction.--For
purposes of this subsection, a rehabilitation or reconstruction
shall be treated as a substantial rehabilitation or
reconstruction only if the qualified revitalization
expenditures in connection with the rehabilitation or
reconstruction exceed 25 percent of the fair market value of
the building (and its structural components) immediately before
the rehabilitation or reconstruction.
''(d) When Expenditures Taken Into Account.--
''(1) In general.--Qualified revitalization expenditures
with respect to any qualified revitalization building shall be
taken into account for the taxable year in which the qualified
rehabilitated building is placed in service. For purposes of
the preceding sentence, a substantial rehabilitation or
reconstruction of a building shall be treated as a separate
building.
''(2) Progress expenditure payments.--Rules similar to the
rules of subsections (b)(2) and (d) of section 47 shall apply
for purposes of this section.
''(e) Limitation on Aggregate Credits Allowable With Respect to
Buildings Located in a State.--
''(1) In general.--The amount of the credit determined
under this section for any taxable year with respect to any
building shall not exceed the commercial revitalization credit
amount (in the case of an amount determined under subsection
(b)(1)(B), the present value of such amount as determined under
the rules of section 42(b)(2)(C)) allocated to such building
under this subsection by the commercial revitalization credit
agency. Such allocation shall be made at the same time and in
the same manner as under paragraphs (1) and (7) of section
42(h).
''(2) Commercial revitalization credit amount for
agencies.--
''(A) In general.--The aggregate commercial
revitalization credit amount which a commercial
revitalization credit agency may allocate for any
calendar year is the portion of the State commercial
revitalization credit ceiling allocated under this
paragraph for such calendar year for such agency.
''(B) State commercial revitalization credit
ceiling.--
''(i) In general.--The State commercial
revitalization credit ceiling applicable to any
State for any calendar year is an amount which
bears the same ratio to the national ceiling
for the calendar year as the population of low-
income census tracts and low-income
nonmetropolitan areas within the State bears to
the population of such tracts and areas within
all States.
''(ii) National ceiling.--For purposes of
clause (i), the national ceiling is
$100,000,000 for 1996, $200,000,000 for 1997,
and $400,000,000 for calendar years after 1997.
''(iii) Other special rules.--Rules similar
to the rules of subparagraphs (D), (E), (F),
and (G) of section 42(h)(3) shall apply for
purposes of this subsection.
''(C) Low-income areas.-- For purposes of
subparagraph (B), the terms 'low-income census tract'
and low-income nonmetropolitan area' mean a tract or
area in which, according to the most recent census data
available, at least 50 percent of residents earned no
more than 60 percent of the median household income for
the applicable Metropolitan Standard Area, Consolidated
Metropolitan Standard Area, or all nonmetropolitan
areas in the State.
''(D) Commercial revitalization credit agency.--For
purposes of this section, the term 'commercial
revitalization credit agency' means any agency
authorized by a State to carry out this section.
''(E) State.--For purposes of this section, the
term 'State' includes a possession of the United
States.
''(f) Responsibilities of Commercial Revitalization Credit
Agencies.--
''(1) Plans for allocation.--Notwithstanding any other
provision of this section, the commercial revitalization credit
dollar amount with respect to any building shall be zero
unless--
''(A) such amount was allocated pursuant to a
qualified allocation plan of the commercial
revitalization credit agency which is approved by the
governmental unit (in accordance with rules similar to
the rules of section 147(f)(2) (other than subparagraph
(B)(ii) thereof)) of which such agency is a part, and
''(B) such agency notifies the chief executive
officer (or its equivalent) of the local jurisdiction
within which the building is located of such project
and provides such individual a reasonable opportunity
to comment on the project.
''(2) Qualified allocation plan.--For purposes of this
subsection, the term 'qualified allocation plan' means any
plan--
''(A) which sets forth selection criteria to be
used to determine priorities of the commercial
revitalization credit agency which are appropriate to
local conditions,
''(B) which considers--
''(i) the degree to which a project
contributes to the implementation of a
strategic plan that is devised for an eligible
commercial revitalization area through a
citizen participation process,
''(ii) the amount of any increase in
permanent, full-time employment by reason of
any project, and
''(iii) the active involvement of residents
and nonprofit groups within the eligible
commercial revitalization area, and
''(C) which provides a procedure that the agency
(or its agent) will follow in monitoring for compliance
with this section.
''(g) Termination.--This section shall not apply to any building
placed in service after December 31, 2000.''
(b) Conforming Amendments.--
(1) Section 39(d) of the Internal Revenue Code of 1986 is
amended by adding at the end the following new paragraph:
''(7) No carryback of section 48a credit before
enactment.--No portion of the unused business credit for any
taxable year which is attributable to any commercial
revitalization credit determined under section 48A may be
carried back to a taxable year ending before the date of the
enactment of section 48A.''
(2) Subparagraph (B) of section 48(a)(2) of such Code is
amended by inserting ''or commercial revitalization'' after
''rehabilitation'' each place it appears in the text and
heading thereof.
(3) Subparagraph (C) of section 49(a)(1) 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 adding at the end the following new clause:
''(iv) the basis of any qualified
revitalization building attributable to
qualified revitalization expenditures.''
(4) Paragraph (2) of section 50(a) of such Code is amended
by inserting ''or 48A(d)(2)'' after ''section 47(d)'' each
place it appears.
(5) Subparagraph (B) of section 50(a)(2) of such Code is
amended by adding at the end the following new sentence: ''A
similar rule shall apply for purposes of section 48A.''
(6) Paragraph (2) of section 50(b) of such Code is amended
by striking ''and'' at the end of subparagraph (C), by striking
the period at the end of subparagraph (D) and inserting '',
and'', and by adding at the end the following new subparagraph:
''(E) a qualified revitalization building to the
extent of the portion of the basis which is
attributable to qualified revitalization
expenditures.''
(7) Subparagraph (C) of section 50(b)(4) of such Code is
amended by inserting ''or commercial revitalization'' after
''rehabilitated'' each place it appears in the text or heading
thereof.
(8) Subparagraph (C) of section 469(i)(3) is amended--
(A) by inserting ''or section 48A'' after ''section
42'', and
(B) by striking ''credit'' in the heading and
inserting ''and commercial revitalization credits''.
(c) Effective Date.--The amendments made by this section shall
apply to property placed in service after December 31, 1995.
Solution:
Commercial Revitalization Tax Act of 1995 - Amends the Internal Revenue Code to allow an investment tax credit equal to a percentage of expenditures for depreciable property in connection with the rehabilitation or reconstruction of a nonresidential building located in: (1) an empowerment zone or enterprise community; (2) an area established pursuant to a consolidated planning process for the use of Federal housing and community development funds; or (3) a low-income commercial revitalization district specially designated by a State or local government which is not primarily a nonresidential central business district. Requires, for qualification of such expenditures, that they exceed 25 percent of the fair market value of the building before rehabilitation.
Imposes a State ceiling on the availability of the credit.