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

Ex Input:
SECTION 1. SHORT TITLE.

This Act may be cited as the ''Fairness to Local Contractors Act''.

SEC. 2. ENHANCEMENT OF STATE ENFORCEMENT OF STATE TAX, EMPLOYMENT, AND
LICENSING LAWS AGAINST CONSTRUCTION CONTRACTORS.

(a) Requirement for State Tax Clearance From Potential Construction
Contractors.--
(1) Defense contracts.--Section 2305(b) of title 10, United
States Code, is amended by adding at the end the following new
paragraph:
''(10) In order to be considered a responsible bidder or offeror
for a contract for the construction of a public building, facility, or
work, a bidder or offeror shall submit with the bid or offer a tax
clearance from the State in which the contract is to be performed. For
purposes of this paragraph, a tax clearance is a document from an
appropriate State agency indicating that the bidder or offeror is in
compliance with all the tax laws of the State in which the contract is
to be performed.''.
(2) Civilian agency contracts.--Section 303B of title III
of the Federal Property and Administrative Services Act of 1949
(41 U.S.C. 253b) is amended by adding at the end the following
new subsection:
''(n) Tax Clearance.--In order to be considered a responsible
bidder or offeror for a contract for the construction of a public
building, facility, or work, a bidder or offeror shall submit with the
bid or offer a tax clearance from the State in which the contract is to
be performed. For purposes of this paragraph, a tax clearance is a
document from an appropriate State agency indicating that the bidder or
offeror is in compliance with all the tax laws of the State in which
the contract is to be performed.''.
(b) Requirement To Withhold Final Contract Payment Until Receipt of
State Tax Clearance and Certification of Compliance With Employment
Laws From Contractor.--
(1) Defense contracts.--Section 2307 of title 10, United
States Code, is amended by adding at the end the following new
subsection:
''(j) Requirement To Withhold Final Payment.--(1) The head of an
agency shall withhold final payment under a contract for the
construction of a public building, facility, or work until the
contractor submits to the agency both of the following:
''(A) A tax clearance from the State in which the contract
is or was performed.
''(B) A certification stating that the contractor is in
compliance (or was in compliance during the performance of the
contract) with all applicable State laws that require employers
to make payments to or for the benefit of employees, including
laws relating to unemployment insurance, workers compensation,
health insurance, and disability insurance.
''(2) For purposes of this subsection, a tax clearance is a
document from an appropriate State agency indicating that the
contractor is or was in compliance with all the tax laws of the State
in which the contract is or was performed.''.
(2) Civilian agency contracts.--Section 305 of title III of
the Federal Property and Administrative Services Act of 1949
(41 U.S.C. 255) is amended by adding at the end the following
new subsection:
''(h) Requirement To Withhold Final Payment.--(1) The head of an
executive agency shall withhold final payment under a contract for the
construction of a public building, facility, or work until the
contractor submits to the agency both of the following:
''(A) A tax clearance from the State in which the contract
is or was performed.
''(B) A certification stating that the contractor is in
compliance (or was in compliance during the performance of the
contract) with all applicable State laws that require employers
to make payments to or for the benefit of employees, including
laws relating to unemployment insurance, workers compensation,
health insurance, and disability insurance.
''(2) For purposes of this subsection, a tax clearance is a
document from an appropriate State agency indicating that the
contractor is or was in compliance with all the tax laws of the State
in which the contract is or was performed.''.
(c) Authority To Withhold Payment to Contractor of Amounts
Necessary To Meet State Tax Obligations.--
(1) Defense contracts.--Section 2307 of title 10, United
States Code, is further amended by adding at the end the
following new subsection:
''(k) Authority To Withhold Payment To Meet State Tax
Obligations.--The head of an agency may withhold, from any payment due
to a contractor under a contract made by the agency for the
construction of a public building, facility, or work, an amount
considered necessary by the head of the agency to pay to the State in
which the contract is being performed the amount of the contractor's
State tax liability that is attributable to the contract. The head of
the agency that so withholds a payment may, upon request of the State
in which the contract is being performed and with such documentation as
the head of the agency considers necessary, pay such tax liability
amount directly to the State from the withheld payment. Any amount of a
withheld payment that exceeds the actual State tax liability amount
shall be paid to the contractor.''.
(2) Civilian agency contracts.--Section 305 of title III of
the Federal Property and Administrative Services Act of 1949
(41 U.S.C. 255) is further amended by adding at the end the
following new subsection:
''(i) Authority To Withhold Payment To Meet State Tax
Obligations.--The head of an executive agency may withhold, from any
payment due to a contractor under a contract made by the agency for the
construction of a public building, facility, or work, an amount
considered necessary by the head of the agency to pay to the State in
which the contract is being performed the amount of the contractor's
State tax liability that is attributable to the contract. The head of
the executive agency that so withholds a payment may, upon request of
the State in which the contract is being performed and with such
documentation as the head of the agency considers necessary, pay such
tax liability amount directly to the State from the withheld payment.
Any amount of a withheld payment that exceeds the actual State tax
liability amount shall be paid to the contractor.''.
(d) Requirement for Construction Contractors To Obtain Applicable
State Licenses.--
(1) Defense contracts.--(A) Chapter 141 of title 10, United
States Code, is amended by adding at the end the following new
section:
''Sec. 2410n. Construction contracts: requirement to obtain applicable
State licenses
''The Secretary of Defense shall require, in any contract entered
into by the Secretary for the construction of a public building,
facility, or work which is to be performed in a State that requires
persons performing the type of work to be performed under the contract
to be licensed, that the contractor be so licensed.''.
(B) The table of sections at the beginning of such chapter is
amended by adding at the end the following new item:

''2410n. Construction contracts: requirement to obtain applicable State
licenses.''.
(2) Civilian agency contracts.--Title III of the Federal
Property and Administrative Services Act of 1949 (41 U.S.C. 251
et seq.) is amended by adding at the end the following new
section:

''SEC. 318. CONSTRUCTION CONTRACTS: REQUIREMENT TO OBTAIN APPLICABLE
STATE LICENSES.

''The head of an executive agency shall require, in any contract
entered into by the agency for the construction of a public building,
facility, or work which is to be performed in a State that requires
persons performing the type of work to be performed under the contract
to be licensed, that the contractor be so licensed.''.
(e) Requirement To Explain Hawaii Excise Tax in Federal Acquisition
Regulation.--The Federal Acquisition Regulation shall be revised to
contain provisions explaining the general excise tax law of the State
of Hawaii.
(f) Effective Date.--The amendments made by this Act shall apply
with respect to contracts entered into after the date of the enactment
of this Act.

Ex Output:
Fairness to Local Contractors Act - Amends the Federal Property and Administrative Services Act of 1949 and defense contract law to require a bidder or offeror, to be considered a responsible bidder or offeror for the construction of a public building, facility, or work, to submit a tax clearance (a document stating that such entity is in compliance with all State tax laws) from the State in which the contract is to be performed. Requires the head of a Federal or defense agency to withhold the final payment under such a contract until the contractor submits both a tax clearance and a certification of compliance with all State laws concerning payments to employees under a contract, including unemployment insurance, workers compensation, health insurance, and disability insurance.

Authorizes the head of a Federal or defense agency to: (1) withhold from any contractor payments amounts necessary to pay any State tax liability attributable to the contract; and (2) pay such amount directly to such State.

Directs the Secretary of Defense or agency head to require a contractor to be licensed if the State in which a construction contract is to be performed requires a license.

Requires revision of the Federal Acquisition Regulation to explain the general excise tax law of Hawaii.

Ex Input:
SECTION 1. SHORT TITLE.

This Act may be cited as the ''Major Regulation Cost Review Act of
2004''.

SEC. 2. REQUIREMENT FOR PERIODIC REVIEW OF ALL MAJOR RULES.

(a) Requirement.--Chapter 6 of title 5, United States Code, is
amended by inserting after section 610 the following new section:
''Sec. 610a. Periodic review of major rules
''(a) Requirement for Review of Major Rules.--Not later than 180
days after the date of the enactment of the Major Regulation Cost
Review Act of 2004, each agency shall publish in the Federal Register a
plan for the periodic review of all the major rules issued by the
agency. Such plan may be amended by the agency at any time by
publishing the revision in the Federal Register.
''(b) Purpose of Review.--The purpose of the review shall be to
determine whether such rules should be continued without change, or
should be amended or rescinded, consistent with the stated objectives
of applicable statutes.
''(c) Review Within Five Years.--The plan shall provide for the
review of all such agency rules existing on the effective date of the
Major Regulation Cost Review Act of 2004 within five years after that
date and for the review of such rules adopted after such effective date
within five years after the publication of such rules as the final
rule. If the head of the agency determines that completion of the
review of existing rules is not feasible by the established date, the
head of the agency shall so certify in a statement published in the
Federal Register and may extend the completion date by one year at a
time for a total of not more than five years.
''(d) Factors to Consider.--In reviewing major rules in a manner
consistent with the stated objectives of applicable statutes, the
agency shall consider the following factors:
''(1) The continued need for the rule.
''(2) The nature of complaints or comments received
concerning the rule from the public.
''(3) The complexity of the rule.
''(4) The extent to which the rule overlaps, duplicates, or
conflicts with other Federal rules, and, to the extent
feasible, with State and local governmental rules.
''(5) The length of time since the rule has been evaluated
or the degree to which technology, economic conditions, or
other factors have changed in the area affected by the rule.
''(e) Cost-Benefit Analysis.--The review shall include a cost-
benefit analysis of the rule, using the standard cost-benefit
methodology included in Office of Management and Budget Circular A-4
(relating to regulatory analysis and issued September 17, 2003). The
cost-benefit analysis shall include an identification and consideration
of a range of less costly regulatory alternatives.
''(f) Publication of List of Rules to Be Reviewed.--Each year, each
agency shall publish in the Federal Register a list of the major rules
which are to be reviewed pursuant to this section during the succeeding
12 months and which are to be included in the accounting statement and
associated report submitted to Congress by the Director of the Office
of Management and Budget under paragraph (4) of section 624(a) of the
Treasury and General Government Appropriations Act, 2001 (as added by
section 3 of the Major Regulation Cost Review Act of 2004). The list
shall include a brief description of each such major rule and the need
for and legal basis of such rule, and shall invite public comment upon
the rule.
''(g) Major Rule Defined.--In this section, the term 'major rule'
has the meaning provided by section 804 of this title.''.
(b) Clerical Amendment.--The table of sections for chapter 6 of
title 5, United States Code, is amended by inserting after the item
relating to section 610 the following new item:

''610a. Periodic review of major rules.''.

SEC. 3. REQUIREMENTS FOR OMB RELATING TO ANNUAL ACCOUNTING STATEMENT.

(a) Requirement to Include List of Rules to Be Reviewed in Annual
Accounting Statement.--Section 624(a) of the Treasury and General
Government Appropriations Act, 2001 (as enacted into law by Public Law
106-554; 114 Stat. 2763A-161), is amended--
(1) by striking ''and'' at the end of paragraph (2);
(2) by striking the period at the end of paragraph (3) and
inserting ''; and''; and
(3) by adding at the end the following new paragraph:
''(4) a list of the major rules which are to be reviewed by
each agency, during the year following the year in which the
statement and report are submitted, pursuant to section 610a of
title 5, United States Code.''.
(b) Requirement to Use Agency Cost-Benefit Estimates in Annual
Accounting Statement.--Section 624 of the Treasury and General
Government Appropriations Act, 2001 (as enacted into law by Public Law
106-554; 114 Stat. 2763A-161), is amended--
(1) by redesignating subsections (b), (c), and (d) as
subsections (c), (d), and (e), respectively; and
(2) by inserting after subsection (a) the following new
subsection:
''(b) Use of Agency Cost-Benefit Analyses Required.--To carry out
subsection (a), the Director of the Office of Manage

Ex Output:
Major Regulation Cost Review Act of 2004 - Amends Federal civil service law to require each Federal agency to publish in the Federal Register a plan, which may be amended at any time by publishing a revision, for the periodic review of all the major rules issued by the agency. Requires that the plan provide for review within five years after publication as a final rule, with a five year extension permitted.

Directs the agency, in reviewing major rules, to consider: (1) the continued need for the rule; (2) the nature of complaints or comments received from the public concerning the rule; (3) the complexity of the rule; (4) the extent to which the rule overlaps, duplicates, or conflicts with other Federal rules, and with State and local governmental rules; and (5) the length of time since the rule has been evaluated or the degree to which technology, economic conditions, or other factors have changed in the area affected by the rule.

Requires that: (1) the review include a cost-benefit analysis of the rule, including an identification and consideration of a range of less costly regulatory alternatives; and (2) each year each agency publish a list of the major rules which are to be reviewed and which are to be included in the accounting statement and associated report submitted to Congress by the Director of the Office of Management and Budget.

Makes conforming changes to the Treasury and General Government Appropriations Act, 2001.

Ex Input:
SECTION 1. DEPOSITORY INSTITUTIONS DISASTER RELIEF.

(a) Truth in Lending Act; Expedited Funds Availability Act.--
(1) Truth in lending act.--During the 240-day period
beginning on the date of enactment of this Act, the Board of
Governors of the Federal Reserve System may make exceptions to
the Truth in Lending Act for transactions within an area in
which the President, pursuant to section 401 of the Robert T.
Stafford Disaster Relief and Emergency Assistance Act, has
determined, on or after July 1, 1994, that a major disaster
exists, or within an area determined to be eligible for
disaster relief under other Federal law by reason of damage
related to the 1994 flooding in Georgia, Alabama, and Florida
resulting from Tropical Storm Alberto, if the Board determines
that the exception can reasonably be expected to alleviate
hardships to the public resulting from such disaster that
outweigh possible adverse effects.
(2) Expedited funds availability act.--During the 240-day
period beginning on the date of enactment of this Act, the
Board of Governors of the Federal Reserve System may make
exceptions to the Expedited Funds Availability Act for
depository institution offices located within any area referred
to in paragraph (1) of this section if the Board determines
that the exception can reasonably be expected to alleviate
hardships to the public resulting from such disaster that
outweigh possible adverse effects.
(3) Time limit on exceptions.--Any exception made under
this subsection shall expire not later than January 1, 1996.
(4) Publication required.--The Board of Governors of the
Federal Reserve System shall publish in the Federal Register a
statement that--
(A) describes any exception made under this
subsection; and
(B) explains how the exception can reasonably be
expected to produce benefits to the public that
outweigh possible adverse effects.
(b) Deposit of Insurance Proceeds.--
(1) In general.--The appropriate Federal banking agency
may, by order, permit an insured depository institution to
subtract from the institution's total assets, in calculating
compliance with the leverage limit prescribed under section 38
of the Federal Deposit Insurance Act, an amount not exceeding
the qualifying amount attributable to insurance proceeds, if
the agency determines that--
(A) the institution--
(i) had its principal place of business
within an area in which the President, pursuant
to section 401 of the Robert T. Stafford
Disaster Relief and Emergency Assistance Act,
has determined, on or after July 1, 1994, that
a major disaster exists, or within an area
determined to be eligible for disaster relief
under other Federal law by reason of damage
related to the 1994 flooding in Georgia,
Alabama, and Florida resulting from Tropical
Storm Alberto, on the day before the date of
any such determination;
(ii) derives more than 60 percent of its
total deposits from persons who normally reside
within, or whose principal place of business is
normally within, areas of intense devastation
caused by the major disaster;
(iii) was adequately capitalized (as
defined in section 38 of the Federal Deposit
Insurance Act) before the major disaster; and
(iv) has an acceptable plan for managing
the increase in its total assets and total
deposits; and
(B) the subtraction is consistent with the purpose
of section 38 of the Federal Deposit Insurance Act.
(2) Time limit on exceptions.--Any exception made under
this subsection shall expire not later than January 1, 1996.
(3) Definitions.--For purposes of this subsection, the
following definitions shall apply:
(A) Appropriate federal banking agency.--The term
''appropriate Federal banking agency'' has the same
meaning as in section 3 of the Federal Deposit
Insurance Act.
(B) Insured depository institution.--The term
''insured depository institution'' has the same meaning
as in section 3 of the Federal Deposit Insurance Act.
(C) Leverage limit.--The term ''leverage limit''
has the same meaning as in section 38 of the Federal
Deposit Insurance Act.
(D) Qualifying amount attributable to insurance
proceeds.--The term ''qualifying amount attributable to
insurance proceeds'' means the amount (if any) by which
the institution's total assets exceed the institution's
average total assets during the calendar quarter ending
before the date of any determination referred to in
paragraph (1)(A)(i), because of the deposit of
insurance payments or governmental assistance made with
respect to damage caused by, or other costs resulting
from, the major disaster.
(c) Banking Agency Publication Requirements.--
(1) In general.--A qualifying regulatory agency may take
any of the following actions with respect to depository
institutions or other regulated entities whose principal place
of business is within, or with respect to transactions or
activities within, an area in which the President, pursuant to
section 401 of the Robert T. Stafford Disaster Relief and
Emergency Assistance Act, has determined, on or after July 1,
1994, that a major disaster exists, or within an area
determined to be eligible for disaster relief under other
Federal law by reason of damage related to the 1994 flooding in
Georgia, Alabama, and Florida resulting from Tropical Storm
Alberto, if the agency determines that the action would
facilitate recovery from the major disaster:
(A) Procedure.--Exercising the agency's authority
under provisions of law other than this subsection
without complying with--
(i) any requirement of section 553 of title
5, United States Code; or
(ii) any provision of law that requires
notice or opportunity for hearing or sets
maximum or minimum time limits with respect to
agency action.
(B) Publication requirements.--Making exceptions,
with respect to institutions or other entities for
which the agency is the primary Federal regulator, to--
(i) any publication requirement with
respect to establishing branches or other
deposit-taking facilities; or
(ii) any similar publication requirement.
(2) Publication required.--A qualifying regulatory agency
shall publish in the Federal Register a statement that--
(A) describes any action taken under this
subsection; and
(B) explains the need for the action.
(3) Qualifying regulatory agency defined.--For purposes of
this subsection, the term ''qualifying regulatory agency''
means--
(A) the Board of Governors of the Federal Reserve
System;
(B) the Comptroller of the Currency;
(C) the Director of the Office of Thrift
Supervision;
(D) the Federal Deposit Insurance Corporation;
(E) the Financial Institutions Examination Council;
(F) the National Credit Union Administration; and
(G) with respect to chapter 53 of title 31, United
States Code, the Secretary of the Treasury.
(4) Expiration.--Any exception made under this subsection
shall expire not later than January 1, 1996.
(d) Sense of the Congress.--It is the sense of the Congress that
the Board of Governors of the Federal Reserve System, the Comptroller
of the Currency, the Director of the Office of Thrift Supervision, the
Federal Deposit Insurance Corporation, and the National Credit Union
Administration should encourage depository institutions to meet the
financial services needs of their communities and customers located in
areas affected by the 1994 flooding in Georgia, Alabama, and Florida
resulting from Tropical Storm Alberto.
(e) Other Authority Not Affected.--Nothing in this section limits
the authority of any department or agency under any other provision of
law.

Passed the Senate August 25 (legislative day, August 18),
1994.

Attest:

MARTHA S. POPE,

Secretary.

Ex Output:
Directs the Board of Governors of the Federal Reserve System to make exceptions to the Truth in Lending Act and the Expedited Funds Availability Act for a specified time for transactions within an area eligible for disaster relief due to the 1994 flood damage from Tropical Storm Alberto (the Storm) in Georgia, Alabama, and Florida (if it determines that this can alleviate hardships to the public that outweigh possible adverse effects).
Cites circumstances under which the appropriate Federal banking agency may permit an insured depository institution in the disaster area, in calculating compliance with the leverage limit prescribed by the Federal Deposit Insurance Act, to subtract from its total assets an amount not exceeding the qualifying amount attributable to insurance proceeds.
Expresses the sense of the Congress that specified Federal banking regulatory agencies should encourage depository institutions to meet the financial services needs of their communities and customers located in such disaster areas affected by the Storm.