Determine if the sentence is true based on the text below.
New elections in Cote d'Ivoire will take place on October 30.

Cote d'Ivoire's President Laurent Gbagbo promulgated new election laws on July 14, including the creation of an independent electoral commission to oversee the presidential vote, which is slated for October 30.
yes
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The US Congress may re-establish luxury taxes.

There are suppositions that the US Democratic Congress may re-establish the luxury taxes, which were already once introduced in the 1990s. The suppositions resulted in the National Association of Watch and Clock Collectors commissioning a report on various tax issues. Material goods such as jewelry, watches, expensive furs, jet planes, boats, yachts, and luxury cars had already been subjected to additional taxes back in 1990. After 3 years these taxes were repealed, though the luxury automobiles tax was still active for the next 13 years.
yes
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Rita caused damages to seven refineries located in Lake Charles, La.

The seven refineries located in Lake Charles, La., and the Texas cities of Beaumont and Port Arthur, appear to be the ones hardest hit by the water and wind that accompanied Rita.
yes
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Nival was sold in 2005.

Nival was founded in 1996 by Sergey Orlovskiy. In early 2005, the company was bought by Ener1 Group, a Florida-based holdings company, for around US$10 million.
yes