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

Let me give you an example: 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.
The answer to this example can be: 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.
Here is why: 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.

OK. solve this:
SECTION 1. SHORT TITLE.

This Act may be cited as the ''Personal Philanthropy Account Act of
2005''.

SEC. 2. PERSONAL PHILANTHROPY ACCOUNTS.

(a) In General.--Part VII of subchapter B of chapter 1 of the
Internal Revenue Code of 1986 (relating to additional itemized
deductions for individuals) is amended by redesignating section 224 as
section 225 and by inserting after section 223 the following new
section:

''SEC. 224. PERSONAL PHILANTHROPY ACCOUNTS.

''(a) Allowance of Deduction.--In the case of an individual, there
shall be allowed as a deduction for the taxable year an amount equal to
the aggregate amount paid in cash during such taxable year by or on
behalf of such individual to a personal philanthropy account of such
individual.
''(b) Personal Philanthropy Account.--For purposes of this section,
the term 'personal philanthropy account' means a trust created or
organized in the United States exclusively for the purpose of making
distributions for the charitable purposes designated by an individual
who is the account holder of the trust (and designated as an personal
philanthropy account at the time created or organized), but only if the
written governing instrument creating the trust meets the following
requirements:
''(1) No contribution will be accepted unless it is in
cash.
''(2) The trustee is a bank (as defined in section 408(n)),
community foundation, or another person who demonstrates to the
satisfaction of the Secretary that the manner in which that
person will administer the trust will be consistent with the
requirements of this section or who has so demonstrated with
respect to any personal philanthropy account and who is not
disqualified under subsection (f).
''(3) No part of the trust assets will be invested in life
insurance contracts.
''(4) The assets of the trust shall not be commingled with
other property except in a common trust fund or common
investment fund.
''(c) Definitions and Special Rules.--For purposes of this
section--
''(1) Default distribution rules.--
''(A) In general.--No account shall be treated as a
personal philanthropy account unless at all times there
are in effect qualified default charitable organization
designations under subparagraphs (B) and (C).
''(B) Qualified default charitable organization
designation.--For purposes of subparagraph (A), a
qualified default charitable organization designation
in effect under this subparagraph is the designation by
the account holder of an organization to which the
remainder of such account may be made in the form of a
qualified philanthropy payment upon the death of the
account holder in any case in which the account holder
fails to provide by will or other suitable estate
document for the distribution of the assets of such
account.
''(C) Trustee designation.--For purposes of
subparagraph (A), a qualified default charitable
organization designation in effect under this
subparagraph is the designation by the trustee of the
personal philanthropy account of an organization to
which a payment under subparagraph (B) will be made if
the organization designated under subparagraph (B) is
not qualified to receive a qualified philanthropy
payment at the time of such payment.
''(2) Minimum distribution requirements.--
''(A) In general.--No account shall be treated as a
personal philanthropy account for a taxable year unless
such account meets the minimum distribution
requirements for such taxable year.
''(B) Minimum distribution requirement.--An account
meets the minimum distribution requirements for a
taxable year if the aggregate distributions from the
account for the taxable year are not less than 5
percent of the balance of such account as of the last
day of the preceding taxable year.
''(C) Exception for accounts with a balance of less
than $10,000.--Subparagraph (A) shall not apply to any
account for a taxable year if the balance of such
account as of the last day of the preceding taxable
year is less than $10,000.
''(3) Denial of deduction to dependents.--No deduction
shall be allowed under this section to any individual with
respect to whom a deduction under section 151 is allowable to
another taxpayer for a taxable year beginning in the calendar
year in which such individual's taxable year begins.
''(4) Community foundation.--For purposes of this section,
the term 'community foundation' means a non-sectarian
organization--
''(A) whose long-term goal is to build permanent,
named component funds established by many separate
donors for the broad-based charitable benefit of the
residents of a defined geographic area, and
''(B) which--
''(i) is described in section 501(c)(3) and
exempt from tax under section 501(a),
''(ii) is not a private foundation, and
''(iii) is not controlled directly or
indirectly by one or more disqualified persons
(as defined in section 4946, determined without
regard to subsection (a)(1)(B) thereof).
''(d) Tax Treatment of Distributions.--
''(1) In general.--Any distribution from a personal
philanthropy account shall be includible in the gross income of
the account holder in the manner as provided in section 72.
''(2) Qualified philanthropy payments.--
''(A) In general.--No amount shall be includible in
gross income under paragraph (1) to the extent that
such distribution is a qualified philanthropy payment.
''(B) Qualified philanthropy payment defined.--For
purposes of this section, the term 'qualified
philanthropy payment' means a distribution from a
personal philanthropy account--
''(i) which is made, pursuant to a request
by the account holder, by the trustee of the
account within 30 days after receipt by the
trustee of a certification under subparagraph
(C), and
''(ii) which is paid for a purpose
specified in section 170(c).
A trustee who fails to meet the 30-day requirement of
clause (i) shall be subject to disqualification as a
trustee.
''(C) Organization certification.--For purposes of
subparagraph (B)(i), a certification under this
subparagraph is a certification by an organization
pursuant to a written request by the trustee of a
personal philanthropy account that the organization is
an organization which--
''(i) is described in section 501(c)(3) and
exempt from tax under section 501(a), and
''(ii) is not a personal philanthropy
account.
''(D) Coordination with charitable contributions.--
''(i) No deduction shall be allowed under
sections 170, 642(c), 2055, 2106(a)(2), or 2522
for any amount excluded from gross income under
subparagraph (A),
''(ii) under regulations, the amount
allowable as a deduction under sections 170,
642(c), 2055, 2106(a)(2), or 2522 (as
appropriate) for the taxable year (without
regard to this clause) shall be reduced by the
amount excluded from gross income for the
taxable year under subparagraph (A), and
''(iii) section 170(d) shall not apply to
any amount excluded from gross income under
subparagraph (A).
''(3) Rollover contributions.--
''(A) In general.--Paragraph (1) shall not apply to
any amount paid or distributed from a personal
philanthropy account to the extent that the amount
received is paid, not later than the 60th day after the
date of such payment or distribution, into another
personal philanthropy account of the same account
holder. The preceding sentence shall not apply to any
payment or distribution if it applied to any prior
payment or distribution during the 12-month period
ending on the date of the payment or distribution.
''(B) Heir.--Paragraph (1) shall not apply to any
amount paid or distributed from a personal philanthropy
account of a decedent to the extent that the amount
received is paid, not later than the 60th day after the
date of such payment or distribution, into the personal
philanthropy account of an heir of the decedent, as
designated by the will of the decedent.
''(e) Tax Treatment of Account.--
''(1) In general.--A personal philanthropy account shall be
exempt from taxation under this subtitle. Notwithstanding the
preceding sentence, the personal philanthropy account shall be
subject to the taxes imposed by section 511 (relating to
imposition of tax on unrelated business income of charitable
organizations).
''(2) Account terminations.--Rules similar to the rules of
paragraphs (2) and (4) of section 408(e) shall apply to any
personal philanthropy account.
''(f) Disqualification of Trustee.--The trustee of a personal
philanthropy account shall not be qualified to be a trustee of such
account after a final determination by the Secretary that the trustee
has disbursed more than 10 percent of its payments from personal
philanthropy accounts to non-qualifying organizations in a calendar
year.
''(g) Reports.--The trustee of a personal philanthropy account
shall make such reports regarding such account to the Secretary and to
the holder the account with respect to contributions, distributions,
and such other matters as the Secretary may require. The reports
required by this subsection shall be filed at such time and in such
manner and furnished to such individuals at such time and in such
manner as may be required.''.
(b) Deduction Allowed Whether or not Individual Itemizes Other
Deductions.--Subsection (a) of section 62 of such Code is amended by
inserting before the flush sentence at the end the following new
paragraph:
''(21) Personal philanthropy accounts.--The deduction
allowed under section 224.''.
(c) Exclusion for Employer Contributions to Personal Philanthropy
Accounts.--
(1) In general.--Part III of subchapter B of chapter 1 of
such Code is amended by inserting after section 139A the
following new section:

''SEC. 139B. CONTRIBUTIONS BY EMPLOYER TO PERSONAL PHILANTHROPY
ACCOUNTS.

''(a) In General.--Gross income of an employee does not include
contributions by the employer to the personal philanthropy account of
the employee.
''(b) Personal Philanthropy Account.--For purposes of this section,
the term 'personal philanthropy account' shall have the meaning given
to such term by section 224.
''(c) Exclusion not to Exceed Compensation.--
''(1) Employees.--The amount excluded from gross income by
subsection (a) with respect to an employee shall not exceed
such employee's wages, salaries, tips, and other employee
compensation which are attributable to such employee's
employment by the employer referred to in such subsection.
''(2) Self-employed individuals.--The amount excluded from
gross income by subsection (a) for contributions with respect
to an individual who is self employed shall not exceed such
individual's earned income (as defined in section 401(c)(2))
derived by the taxpayer from the trade or business with respect
to which the individual is self-employed.
''(3) Community property laws not to apply.--The
limitations under this subsection shall be determined without
regard to community property laws.''.
(2) Conforming amendments.--
(A) Section 3121(a) of such Code is amended by
striking ''or'' at the end of paragraph (21), by
striking the period at the end of paragraph (22) and
inserting ''; or '', and by inserting after paragraph
(22) the following new paragraph:
''(23) any payment made to a personal philanthropy account
(as defined in section 224) of an employee.''.
(B) Section 3231(e) of such Code is amended by
adding at the end the following new paragraph:
''(13) Personal philanthropy account contributions.--The
term 'compensation' shall not include any payment made to a
personal philanthropy account (as defined in section 224) of an
employee.''.
(C) Section 3306(b) of such Code is amended by
striking ''or'' at the end of paragraph (18), by
striking the period at the end of paragraph (19) and
inserting ''; or'', and by inserting after paragraph
(19) the following new paragraph:
''(20) any payment made to a personal philanthropy account
(as defined in section 224) of an employee.''.
(D) Section 3401(a) of such Code is amended by
striking ''or'' at the end of paragraph (21), by
striking the period at the end of paragraph (22) and
inserting ''; or'', and by inserting after paragraph
(22) the following new paragraph:
''(23) any payment made to a personal philanthropy account
(as defined in section 224) of an employee.''.
(E) Section 6051(a) of such Code is amended by
striking ''and'' at the end of paragraph (12), by
striking the period at the end of paragraph (13) and
inserting '', and'', and by inserting after paragraph
(13) the following new paragraph:
''(14) the amount contributed to any personal philanthropy
account (as defined in section 224) of such employee or such
employee's spouse.''.
(d) Prohibited Transactions.--
(1) Exception for taxable distributions from personal
philanthropy accounts.--Subsection (c) of section 4975 of such
Code (defining to prohibited transaction) is amended by adding
at the end the following new paragraph:
''(7) Special rule for personal philanthropy accounts.--An
individual for whose benefit a personal philanthropy account is
established and any contributor to such account shall be exempt
from the tax imposed by this section with respect to any
transaction concerning such account (which would otherwise be
taxable under this section) if section 224(d) applies with
respect to such transaction.''.
(2) Plan defined.--Paragraph (1) of section 4975(e) of such
Code is amended by striking ''or'' at the end of subparagraph
(F), by striking the period at the end of subparagraph (G) and
inserting '', or'', and by inserting after subparagraph (G) the
following new subparagraph:
''(H) a personal philanthropy account described in
section 224.''.
(e) Penalty on Failure to Report.--Paragraph (2) of section 6693(a)
of such Code (relating to provisions) is amended by striking ''and'' at
the end of subparagraph (D), by striking the period at the end of
subparagraph (E) and inserting '', and'', and by inserting after
subparagraph (E) the following new subparagraph:
''(F) section 224(f) (relating to personal
philanthropy accounts).''.
(f) Conforming Amendment.--Paragraph (2) of section 26(b) of such
Code is amended by striking ''and'' at the end of subparagraph (R), by
striking the period at the end of subparagraph (S) and inserting '',
and'', and by adding at the end the following new subparagraph:
''(T) section 224(d)(3) relating to (relating to
additional tax with respect to distributions not used
for charitable contribution purposes).''.
(g) Clerical Amendments.--
(1) The table of sections for part VII of subchapter B of
chapter 1 of such Code is amended by redesignating the item
relating to section 224 as an item relating to section 225 and
by inserting after the item relating to section 223 the
following new item:

''Sec. 224. Personal philanthropy accounts.''.
(2) The table of sections for part III of subchapter B of
chapter 1 of such Code is amended by inserting after the item
relating to section 139A the following new item:

''Sec. 139B. Contributions by employer to personal philanthropy
accounts.''.
(h) Effective Date.--The amendments made by this section shall
apply to taxable years beginning after December 31, 2004.
Answer:
Personal Philanthropy Account Act of 2005 - Amends the Internal Revenue Code to allow a tax deduction (whether or not the taxpayer itemizes deductions) for cash contributions to a personal philanthropy account. Defines "personal philanthropy account" as a tax-exempt trust created to make distributions for charitable purposes. Sets forth rules providing for default charitable distributions in the event of an account holder's death and minimum annual distribution requirements.

Allows an exclusion from the gross income of an employee for contributions made by an employer to the employee's personal philanthropy account.