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

[Q]: SECTION 1. SHORT TITLE.

This Act may be cited as the ''1995 Franklin Delano Roosevelt
Commemorative Coin Act''.

SEC. 2. FINDINGS.

The Congress finds that--
(1) the people of the United States feel a deep debt of
gratitude to Franklin Delano Roosevelt for his leadership in
America's struggle for peace, well-being, and human dignity;
(2) the year 1995 marks the 50th anniversary of the death
of President Franklin Delano Roosevelt, who died April 12,
1945, in Warm Springs, Georgia;
(3) Franklin Delano Roosevelt served his country as the 32d
President from 1932 until his death in 1945. He is the only
United States President elected to four terms in office;
(4) Franklin Delano Roosevelt served the State of New York
as Governor from 1928 through 1932;
(5) Franklin Delano Roosevelt served his country as the
United States Assistant Secretary of the Navy from 1913 through
1920;
(6) Franklin Delano Roosevelt piloted the American people
through the economic chaos of the Great Depression;
(7) Franklin Delano Roosevelt, as our commander in chief,
led the American people through the turmoil of World War II;
(8) Franklin Delano Roosevelt established Social Security,
thus providing all Americans with a more abundant and secure
life;
(9) Franklin Delano Roosevelt was the author of ''The Four
Freedoms: Freedom of Speech, Freedom of Worship, Freedom from
Want, and Freedom from Fear'';
(10) Franklin Delano Roosevelt was the founder of the
National Foundation for Infantile Paralysis, parent
organization of the March of Dimes; and
(11) Franklin Delano Roosevelt was the chief architect of
the United Nations.

SEC. 3. COIN SPECIFICATIONS.

(a) One Dollar Silver Coins.--
(1) Issuance.--The Secretary shall issue not more than
500,000 one dollar coins which shall weigh 26.73 grams, have a
diameter of 1.500 inches, and shall contain 90 percent silver
and 10 percent copper.
(2) Design.--The design of the dollar coins shall bear a
likeness of Franklin Delano Roosevelt. On each such coin there
shall be a designation of the value of the coin, an inscription
of the year ''1995'', and inscriptions of the terms
''Liberty'', ''In God We Trust'', ''United States of America'',
and ''E Pluribus Unum''.
(3) Alterations.--Additions or alterations to the design of
the coin shall be made only after consultation with, and
approval by, the Franklin Delano Roosevelt Memorial Commission.
(b) Legal Tender.--The coins issued under this Act shall be legal
tender as provided in section 5103 of title 31, United States Code.
(c) Numismatic Items.--The coins issued under this Act shall be
numismatic items for purposes of section 5134 of title 31, United
States Code.

SEC. 4. SOURCES OF BULLION.

The Secretary shall obtain silver for the coins minted under this
Act from stockpiles established under the Strategic and Critical
Materials Stock Piling Act (50 U.S.C. 98 et seq.).

SEC. 5. SELECTION OF DESIGN.

The design for each coin authorized by this Act shall be selected
by the Secretary after consultation with the Franklin Delano Roosevelt
Memorial Commission.

SEC. 6. SALE OF COINS.

(a) Sale Price.--Notwithstanding any provision of law, the coins
issued under this Act shall be sold by the Secretary at a price equal
to the face value, plus the cost of designing and issuing such coins
(including labor, materials, dies, use of machinery, overhead expenses,
marketing, and shipping).
(b) Prepaid Orders at a Discount.--The Secretary shall accept
prepaid orders for the coins prior to the issuance of such coins. Sales
under this subsection shall be at a reasonable discount to reflect the
benefit of prepayment.
(c) Surcharge Required.--All sales shall include a surcharge of $10
per coin.

SEC. 7. ISSUANCE OF THE COINS.

(a) Period for Issuance.--The coins authorized under this Act shall
be available for issue not later than January 1, 1995, but shall be
issued only during the 1-year period beginning on such date.
(b) Proof and Uncirculated Coins.--The coins authorized under this
Act shall be issued in uncirculated and proof qualities. Not more than
1 facility of the Bureau of the Mint may be used to strike any
particular combination of denomination and quality.

SEC. 8. GENERAL WAIVER OF PROCUREMENT REGULATIONS.

(a) In General.--Except as provided in subsection (b), no provision
of law governing procurement or public contracts shall be applicable to
the procurement of goods or services required to carry out this Act.
(b) Equal Employment Opportunity.--Subsection (a) shall not relieve
any person entering into a contract under the authority of this Act
from complying with any law relating to equal employment opportunity.

SEC. 9. DISTRIBUTION OF SURCHARGES.

The surcharges received by the Secretary from the sale of the coins
issued under this Act shall be promptly paid by the Secretary in the
following manner:
(1) An amount equal to 50 percent of the total surcharges
shall be paid to the National Park Foundation Restricted
Account for the Franklin Delano Roosevelt Memorial.
(2) An amount equal to 50 percent of the total surcharges
shall be paid to the National Park Service Restricted
Construction Account for the Franklin Delano Roosevelt
Memorial.

SEC. 10. AUDITS.

The Comptroller General of the United States shall have the right
to examine such books, records, documents, and other data of the
account referred to in section 9 as may be related to the expenditure
of amounts paid under such section.

SEC. 11. FINANCIAL ASSURANCES.

(a) No Net Cost to the Government.--The Secretary shall take such
actions as may be necessary to ensure that the minting and issuance of
the coins referred to in section 3 shall not result in any net cost to
the Federal Government.
(b) Payment for Issuance of Coins.--No coin shall be issued under
this Act unless the Secretary has received--
(1) full payment for such coin;
(2) security satisfactory to the Secretary to indemnify the
United States for full payment; or
(3) a guarantee of full payment satisfactory to the
Secretary from a depository institution whose deposits are
insured by the Federal Deposit Insurance Corporation or the
National Credit Union Administration.
[A]: 1995 Franklin Delano Roosevelt Commemorative Coin Act - Directs the Secretary of the Treasury to issue commemorative one-dollar silver coins bearing a likeness of Franklin Delano Roosevelt.
Requires the Secretary to distribute proceeds from surcharges ($10 per coin) in equal allocations to: (1) the National Park Foundation Restricted Account for the Franklin Delano Roosevelt Memorial; and (2) the National Park Service Restricted Construction Account for the Franklin Delano Roosevelt Memorial.

[Q]: SECTION 1. SHORT TITLE.

This Act may be cited as the ''One Dollar Coin and Community
Development Act of 1994''.

SEC. 2. ONE DOLLAR COINS.

(a) Color and Content.--Section 5112(b) of title 31, United States
Code, is amended--
(1) in the 1st sentence, by striking ''dollar,''; and
(2) by inserting after the 4th sentence, the following new
sentence: ''The dollar coin shall be golden in color, have an
unreeded edge, have tactile and visual features that make the
denomination of the coin readily discernible, be minted and
fabricated in the United States, and have such metallic,
anticounterfeiting properties as United States clad coinage in
circulation on the date of the enactment of the One Dollar Coin
and Community Development Act of 1994.''.
(b) Design of Dollar Coin.--Section 5112(d)(1) of title 31, United
States Code, is amended by striking the 5th and 6th sentences and
inserting the following new sentence: ''The Secretary of the Treasury
shall select an appropriate design for the obverse side of the
dollar.''.
(c) Effective Date.--Not later than 18 months after the date of
enactment of this Act, the Secretary of the Treasury shall place into
circulation 1 dollar coins authorized under subsection (a)(1) of
section 5112 of title 31, United States Code, which comply with the
design requirements of subsections (b) and (d)(1) of such section, as
amended by subsections (a) and (b) of this section. The Secretary may
include such coins in any numismatic set produced by the United States
Mint before the date the coins are placed in circulation.

SEC. 3. CEASING ISSUANCE OF ONE DOLLAR NOTES.

(a) In General.--After the date that coins described in section
2(c) are first placed in circulation, no Federal reserve bank may order
or place into circulation any $1 Federal reserve note.
(b) Redemption of $1 Notes.--
(1) In general.--Section 5119(b)(1) of title 31, United
States Code, is amended by adding at the end the following new
subparagraph:
''(F) Federal reserve notes in the denomination of
$1.''.
(2) Effective date.--
(A) In general.--The amendment made by paragraph
(1) shall take effect on the date on which coins minted
pursuant to the amendments made by section 2 are first
placed in circulation.
(B) Notice of effective date.--The Secretary of the
Treasury shall publish a notice in the Federal Register
of the date on which the amendment made by paragraph
(1) takes effect in accordance with subparagraph (A) of
this paragraph.
(c) Exception.--The Secretary of the Treasury shall produce only
such Federal reserve notes of 1 dollar denomination as are required
from time to time to meet the needs of collectors of this series. Such
notes shall be produced in sheets and sold by the Secretary, in whole,
or in part, at a price that exceeds the face value of the currency by
an amount that, at a minimum, reimburses the Secretary for the cost of
production.

SEC. 4. RESERVE FUND FOR CIRCULATING COINAGE.

(a) Establishment.--Section 5111(b) of title 31, United States
Code, is amended to read as follows:
''(b) Coinage Funds.--
''(1) Coinage metal fund.--The Secretary of the Treasury--
''(A) shall maintain a coinage metal fund in the
Department of the Treasury; and
''(B) may use the fund to buy metal to mint coins.
''(2) Circulating coinage reserve fund.--
''(A) Establishment.--The Secretary of the Treasury
shall maintain a circulating coinage reserve fund in
the Department of the Treasury.
''(B) Credits and debits.--The Secretary shall--
''(i) credit the coinage reserve fund with
the amount by which the nominal value of the
coins minted and placed into circulation under
this subchapter (other than numismatic items)
exceeds the cost of the metal; and
''(ii) charge the account with--
''(I) the waste incurred in minting
the coins referred to in clause (i);
and
''(II) the cost of distributing the
coins, including the cost of coin bags
and pallets.
''(C) Availability of funds for community
development.--
''(i) In general.--Effective for any fiscal
year only to the extent and in such amounts as
are provided in advance in appropriation Acts,
the Secretary may lend excess amounts in the
circulating coinage reserve fund to the
Community Development Institutions Fund for the
provision of financial assistance by such Fund
through deposits, credit union shares, and
loans in accordance with section 108 of the
Community Development Banking and Financial
Institutions Act of 1994.
''(ii) Terms and conditions.--Any loan by
the Secretary to the Community Development
Institutions Fund in accordance with clause (i)
shall bear such rate of interest and be subject
to such other terms and conditions as the
Secretary determines to be appropriate.
''(D) Investment of balance in account.--Subject to
subparagraph (C), the Secretary of the Treasury shall
invest excess amounts in the circulating coinage
reserve fund in--
''(i) instruments issued by the Secretary
under chapter 31; and
''(ii) other instruments to the extent, and
in such amounts, as may be authorized by law.
''(E) Payment to general fund.--Interest,
dividends, and other earnings on investments of the
circulating coinage reserve fund, including interest on
loans to the Community Development Financial
Institutions Fund, shall be paid into the general fund
of the Treasury to assist in reducing the deficit.''.
(b) Termination of Coinage Profit Fund.--The coinage profit fund is
hereby abolished and any balance in the account as of such termination
shall be transferred by the Secretary to the circulating coinage
reserve fund established pursuant to the amendment made by subsection
(a) as soon as practicable after the date of the enactment of this Act.
[A]: One Dollar Coin and Community Development Act of 1994 - Amends Federal monetary law to prescribe specifications for and design of dollar coins, including a golden color.
Proscribes any issuance of one dollar notes after the date that dollar coins are first placed in circulation. Prescribes guidelines for the redemption of one dollar notes.
Directs the Secretary of the Treasury to establish: (1) a coinage metal fund; and (2) a circulating coinage reserve fund.
Authorizes the Secretary to lend excess amounts in the circulating coinage reserve fund to the Community Development Institutions Fund to enable it to provide financial assistance. Mandates that earnings on investments of the circulating coinage reserve fund be paid into the general fund of the Treasury.
Abolishes the coinage profit fund. Transfers the balance of its account to the circulating coinage reserve fund.

[Q]: SECTION 1. CREDIT TO HOLDERS OF INDIAN TRIBAL PRISON FACILITY BONDS.

(a) In General.--Part IV of subchapter A of chapter 1 of the
Internal Revenue Code of 1986 (relating to credits against tax) is
amended by adding at the end the following new subpart:

''Subpart H--Nonrefundable Credit for Holders of Indian Tribal Prison
Facility Bonds

''Sec. 54. Credit to holders of Indian
tribal prison facility bonds.

''SEC. 54. CREDIT TO HOLDERS OF INDIAN TRIBAL PRISON FACILITY BONDS.

''(a) Allowance of Credit.--In the case of a taxpayer who holds an
Indian tribal prison facility bond on a credit allowance date of such
bond which occurs during the taxable year, there shall be allowed as a
credit against the tax imposed by this chapter for such taxable year an
amount equal to the sum of the credits determined under subsection (b)
with respect to credit allowance dates during such year on which the
taxpayer holds such bond.
''(b) Amount of Credit.--
''(1) In general.--The amount of the credit determined
under this subsection with respect to any Indian tribal prison
facility bond is the amount equal to the product of--
''(A) the credit rate determined by the Secretary
under paragraph (2) for the month in which such bond
was issued, multiplied by
''(B) the face amount of the bond held by the
taxpayer on the credit allowance date.
''(2) Determination.--During each calendar month, the
Secretary shall determine a credit rate which shall apply to
bonds issued during the following calendar month. The credit
rate for any month is the percentage which the Secretary
estimates will permit the issuance of Indian tribal prison
facility bonds without discount and without interest cost to
the issuer.
''(c) Limitation Based on Amount of Tax.--The credit allowed under
subsection (a) for any taxable year shall not exceed the excess of--
''(1) the sum of the regular tax liability (as defined in
section 26(b)) plus the tax imposed by section 55, over
''(2) the sum of the credits allowable under this part
(other than this subpart and subpart C).
''(d) Credit Included in Gross Income.--Gross income includes the
amount of the credit allowed to the taxpayer under this section
(determined without regard to subsection (c)) and the amount so
included shall be treated as interest income.
''(e) Indian Tribal Prison Facility Bond.--For purposes of this
part, the term 'Indian tribal prison facility bond' means any bond
issued as part of an issue if--
''(1) 95 percent or more of the proceeds of such issue are
to be invested in investment grade obligations and the proceeds
from such investment are used for the construction,
acquisition, rehabilitation, expansion, or operating expanses
of a qualified Indian tribal prison facility,
''(2) the bond is issued by the Indian tribe within the
jurisdiction of which such facility is located,
''(3) the bond is issued pursuant to a plan developed by
the Indian tribe,
''(4) the issuer designates such bond for purposes of this
section,
''(5) the term of each bond which is part of such issue
does not exceed 10 years, and
''(6) no amount of proceeds of such issue (including
proceeds from any investment under paragraph (1)) may be used
to pay the costs of issuance to the extent such amount exceeds
2 percent of the sale proceeds of such issue.
''(f) Qualified Indian Tribal Prison Facility.--For purposes of
this section, the term 'qualified Indian tribal prison facility' means
any residential correctional or detention facility located on the
qualified Indian land of the issuing Indian tribe substantially all of
the inmates of which are adult or juvenile members of such Indian
tribe.
''(g) Limitation on Amount of Bonds Designated; Allocation of
Bonds.--
''(1) National limitation.--There is an Indian tribal
prison facility bond limitation for each calendar year. Such
limitation is--
''(A) $200,000,000 for 2005,
''(B) $200,000,000 for 2006,
''(C) $200,000,000 for 2007, and
''(D) except as provided in paragraph (3), zero
thereafter.
''(2) Allocation of bonds.--
''(A) In general.--The Secretary, after
consultation with the Secretary of the Interior, shall
allocate the Indian tribal prison facility bond
limitation among those Indian tribes which submit a
plan which contains a description of the proposed use
of investment proceeds, assurances that such proceeds
will be used only for such use, a proposed expenditure
schedule, information relevant to the criteria
described in subparagraph (B), and any other
information determined appropriate by the Secretary.
''(B) Approval criteria.--In allocating the
limitation among plan requests of Indian tribes under
subparagraph (A), the Secretary shall consider--
''(i) the percentage of prison overcrowding
in excess of the facility occupancy level as
determined by the Bureau of Indian Affairs,
''(ii) the condition of existing
facilities,
''(iii) the health and safety of both
inmates and prison employees,
''(iv) the type of offenders incarcerated,
and
''(v) other financial resources available
to the Indian tribe.
''(3) Carryover of unused issuance limitation.--If for any
calendar year the limitation amount imposed by paragraph (1)
exceeds the amount of Indian tribal prison facility bonds
issued during such year, such excess shall be carried forward
to one or more succeeding calendar years as an addition to the
limitation imposed by paragraph (1) and until used by issuance
of such bonds.
''(h) Other Definitions and Special Rules.--For purposes of this
section--
''(1) Credit allowance date.--The term 'credit allowance
date' means, with respect to any issue, the last day of the 1-
year period beginning on the date of the issuance of such issue
and the last day of each successive 1-year period thereafter.
''(2) Bond.--The term 'bond' includes any obligation.
''(3) Indian tribe.--The term 'Indian tribe' has the
meaning given such term by section 7871(c)(3)(E)(ii).
''(4) Qualified indian lands.--The term 'qualified Indian
lands' has the meaning given such term by section
7871(c)(3)(E)(i).
''(5) Partnership; s corporation; and other pass-thru
entities.--In the case of a partnership, trust, S corporation,
or other pass-thru entity, rules similar to the rules of
section 41(g) shall apply with respect to the credit allowable
under subsection (a).
''(6) Bonds held by regulated investment companies.--If any
Indian tribal prison facility bond is held by a regulated
investment company, the credit determined under subsection (a)
shall be allowed to shareholders of such company under
procedures prescribed by the Secretary.
''(7) Reporting.--Each Indian tribe with an allocation of
Indian tribal prison facility bonds under an approved plan
shall submit reports similar to the reports required under
section 149(e).''.
(b) Conforming Amendments.--
(1) Reporting.--Subsection (d) of section 6049 of the
Internal Revenue Code of 1986 (relating to returns regarding
payments of interest) is amended by adding at the end the
following new paragraph:
''(8) Reporting of credit on indian tribal prison facility
bonds.--
''(A) In general.--For purposes of subsection (a),
the term 'interest' includes amounts includible in
gross income under section 54(d) and such amounts shall
be treated as paid on the credit allowance date (as
defined in section 54(h)(1)).
''(B) Reporting to corporations, etc.--Except as
otherwise provided in regulations, in the case of any
interest described in subparagraph (A), subsection
(b)(4) shall be applied without regard to subparagraphs
(A), (H), (I), (J), (K), and (L)(i) of such subsection.
''(C) Regulatory authority.--The Secretary may
prescribe such regulations as are necessary or
appropriate to carry out the purposes of this
paragraph, including regulations which require more
frequent or more detailed reporting.''.
(2) Treatment for estimated tax purposes.--
(A) Individual.--Section 6654 of such Code
(relating to failure by individual to pay estimated
income tax) is amended by redesignating subsection (m)
as subsection (n) and by inserting after subsection (l)
the following new subsection:
''(m) Special Rule for Holders of Indian Tribal Prison Facility
Bonds.--For purposes of this section, the credit allowed by section 54
to a taxpayer by reason of holding an Indian tribal prison facility
bond on a credit allowance date shall be treated as if it were a
payment of estimated tax made by the taxpayer on such date.''.
(B) Corporate.--Subsection (g) of section 6655 of
such Code (relating to failure by corporation to pay
estimated income tax) is amended by adding at the end
the following new paragraph:
''(5) Special rule for holders of indian tribal prison
facility bonds.--For purposes of this section, the credit
allowed by section 54 to a taxpayer by reason of holding an
Indian tribal prison facility bond on a credit allowance date
shall be treated as if it were a payment of estimated tax made
by the taxpayer on such date.''.
(c) Clerical Amendments.--
(1) The table of subparts for part IV of subchapter A of
chapter 1 of the Internal Revenue Code of 1986 is amended by
adding at the end the following new item:

''Subpart H. Nonrefundable Credit for
Holders of Indian Tribal Prison
Facility Bonds.''.
(2) Section 6401(b)(1) of such Code is amended by striking
''and G'' and inserting ''G, and H''.
(d) Effective Date.--The amendments made by this section shall
apply to obligations issued after December 31, 2004.
[A]:
Amends the Internal Revenue Code to allow a nonrefundable tax credit for investment in Indian tribal prison facility bonds. Requires that 95 percent of the proceeds of such bonds be used for the construction, acquisition, rehabilitation, expansion, or operating expenses of Indian tribal prison facilities and that the term of such bonds not exceed ten years.

Establishes a national limitation for Indian tribal prison facility bonds in 2005 through 2007, with no limitation after 2007. Allows a carryover of unused bond limitation amounts to succeeding calendar years. Directs the Secretary of the Treasury to allocate bond amounts to Indian tribes based upon specified criteria, including overcrowding, the condition of existing facilities, the health and safety of both inmates and prison employees, and other financial resources available to an Indian tribe.