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. 100-PERCENT CAPITAL GAIN EXCLUSION FOR INDIVIDUALS.

(a) General Rule.--Part I of subchapter P of chapter 1 of the
Internal Revenue Code of 1986 (relating to treatment of capital gains),
as amended by subsection (c)(1), is amended by adding at the end the
following new section:

''SEC. 1202. DEDUCTION FOR CAPITAL GAINS.

''(a) Allowance of Deduction.--If for any taxable year a taxpayer
other than a corporation has a net capital gain, 100 percent of the
amount of the net capital gain shall be a deduction from gross income.
''(b) Estates and Trusts.--In the case of an estate or trust, the
deduction under subsection (a) shall be computed by excluding the
portion (if any) of the gains for the taxable year from sales or
exchanges of capital assets which, under sections 652 and 662 (relating
to inclusions of amounts in gross income of beneficiaries of trusts),
is includible by the income beneficiaries as gain derived from the sale
or exchange of capital assets.
''(c) Transitional Rule.--
''(1) In general.--In the case of a taxable year which
includes January 1, 1995--
''(A) the amount taken into account as the net
capital gain under subsection (a) shall not exceed the
net capital gain determined by only taking into account
gains and losses properly taken into account for the
portion of the taxable year on or after January 1,
1995, and
''(B) if the net capital gain for such year exceeds
the amount taken into account under subsection (a), the
rate of tax imposed by section 1 on such excess shall
not exceed 28 percent.
''(2) Special rules for pass-thru entities.--
''(A) In general.--In applying paragraph (1) with
respect to any pass-thru entity, the determination of
when gains and losses are properly taken into account
shall be made at the entity level.
''(B) Pass-thru entity defined.--For purposes of
subparagraph (A), the term 'pass-thru entity' means--
''(i) a regulated investment company,
''(ii) a real estate investment trust,
''(iii) an S corporation,
''(iv) a partnership,
''(v) an estate or trust, and
''(vi) a common trust fund.''
(b) Deduction Allowable in Computing Adjusted Gross Income.--
Subsection (a) of section 62 of such Code is amended by inserting after
paragraph (15) the following new paragraph:
''(16) Capital gains of individuals.--The deduction allowed
by section 1202.''
(c) Conforming Amendments.--
(1) Section 13113 of the Revenue Reconciliation Act of 1993
(relating to 50-percent exclusion for gain from certain small
business stock), and the amendments made by such section, are
hereby repealed; and the Internal Revenue Code of 1986 shall be
applied as if such section (and amendments) had never been
enacted.
(2) Subsection (h) of section 1 of such Code is hereby
repealed.
(3)(A) Section 170(e)(1)(B) of such Code is amended by
inserting ''by a corporation'' after ''a charitable
contribution''.
(4)(A) Section 172(d)(2) of such Code (relating to
modifications with respect to net operating loss deduction) is
amended to read as follows:
''(2) Capital gains and losses of taxpayers other than
corporations.--In the case of a taxpayer other than a
corporation--
''(A) the amount deductible on account of losses
from sales or exchanges of capital assets shall not
exceed the amount includible on account of gains from
sales or exchanges of capital assets; and
''(B) the deduction provided by section 1202 shall
not be allowed.''
(B) Subparagraph (B) of section 172(d)(4) of such Code is
amended by inserting '', (2)(B),'' after ''paragraph (1)''.
(5)(A) Section 221 of such Code (relating to cross
reference) is amended to read as follows:

''SEC. 221. CROSS REFERENCES.

''(1) For deduction for net capital
gain, see section 1202.
''(2) For deductions in respect of a
decedent, see section 691.''
(B) The table of sections for part VII of subchapter B of
chapter 1 of such Code is amended by striking ''reference'' in
the item relating to section 221 and inserting ''references''.
(6) Paragraph (4) of section 642(c) of such Code is amended
to read as follows:
''(4) Adjustments.--To the extent that the amount otherwise
allowable as a deduction under this subsection consists of gain
from the sale or exchange of capital assets held for more than
1 year, proper adjustment shall be made for any deduction
allowable to the estate or trust under section 1202 (relating
to deduction for net capital gain). In the case of a trust, the
deduction allowed by this subsection shall be subject to
section 681 (relating to unrelated business income).''
(7) Paragraph (3) of section 643(a) of such Code is amended
by adding at the end thereof the following new sentence: ''The
deduction under section 1202 (relating to deduction for net
capital gain) shall not be taken into account.''
(8) Paragraph (6)(C) of section 643(a) of such Code is
amended--
(A) by inserting ''(i)'' before ''there'', and
(B) by inserting '', and (ii) the deduction under
section 1202 (relating to deduction for excess of
capital gains over capital losses) shall not be taken
into account'' before the period at the end thereof.
(9) Paragraph (4) of section 691(c) of such Code is amended
by striking ''1(h), 1201'' and inserting ''1201, 1202,''.
(10) The second sentence of paragraph (2) of section 871(a)
of such Code is amended by inserting ''such gains and losses
shall be determined without regard to section 1202 (relating to
deduction for net capital gain) and'' after ''except that''.
(11)(A) Subparagraph (B) of section 904(b)(2) of such Code
is amended by striking so much of such subparagraph as precedes
clause (i) and inserting the following:
''(B) Special rules where corporate capital rate
gain differential.--In the case of a corporation, for
any taxable year for which there is a capital gain rate
differential--''.
(B) Subparagraphs (D) and (E) of section 904(b)(3) are
amended to read as follows:
''(D) Capital gain rate differential.--There is a
capital gain rate differential for any taxable year if
any rate of tax imposed by section 11, 511, or 831(a)
or (b) (whichever applies) exceeds the alternative rate
of tax under section 1201(a) (determined without regard
to the last sentence of section 11(b)(1)).
''(E) Rate differential portion.--The rate
differential portion of foreign source net capital
gain, net capital, or the excess of net capital gain
from sources within the United States over net capital
gain, as the case may be, is the same proportion of
such amount as--
''(i) the excess of the highest rate of tax
specified in section 11(b)(1) over the
alternative rate of tax under section 1201(a),
bears to
''(ii) the highest rate of tax specified in
section 11(b)(1).''
(12) Subsection (d) of section 1044 of such Code is amended
by striking the last sentence.
(13) Section 1402(i)(1) of such Code is amended to read as
follows:
''(1) In general.--In determining the net earnings from
self-employment of any options dealer or commodities dealer--
''(A) notwithstanding subsection (a)(3)(A), there
shall not be excluded any gain or loss (in the normal
course of the taxpayer's activity of dealing in or
trading section 1256 contracts) from section 1256
contracts or property related to such contracts, and
''(B) the deduction provided by section 1202 shall
not apply.''
(d) Clerical Amendment.--The table of sections for part I of
subchapter P of chapter 1 of such Code is amended by adding at the end
thereof the following new item:

''Sec. 1202. Deduction for capital
gains.''
(e) Effective Date.--The amendments made by this section shall
apply to taxable years ending after December 31, 1994.
Solution:
Amends the Internal Revenue Code to allow a taxpayer other than a corporation a 100 percent deduction of net capital gain from gross income. Allows such deduction in computing adjusted gross income.