TASK DEFINITION: In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.
PROBLEM: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Citizen Petition Fairness and
Accuracy Act of 2006''.

SEC. 2. CITIZEN PETITIONS AND PETITIONS FOR STAY OF AGENCY ACTION.

Section 505(j)(5) of the Federal Food, Drug, and Cosmetic Act (21
U.S.C. 355(j)(5)) is amended by adding at the end the following:
''(G)(i) Notwithstanding any other provision of law, any petition
submitted under section 10.30 or section 10.35 of title 21, Code of
Federal Regulations (or any successor regulation), shall include a
statement that to the petitioner's best knowledge and belief, the
petition--
''(I) includes all information and views on which the
petitioner relies, including all representative data and
information known to the petitioner that is favorable or
unfavorable to the petition;
''(II) is well grounded in fact and is warranted by law;
''(III) is not submitted for an improper purpose, such as
to harass or cause unnecessary delay (including unnecessary
delay of competition or agency action); and
''(IV) does not contain a materially false, misleading, or
fraudulent statement.
''(ii) The Secretary shall investigate, on receipt of a complaint,
a request under clause (vi), or on its own initiative, any petition
submitted under such section 10.30 or section 10.35 (or any successor
regulation), that--
''(I) does not comply with the requirements of clause (i);
''(II) may have been submitted for an improper purpose as
described in clause (i)(III); or
''(III) may contain a materially false, misleading, or
fraudulent statement as described in clause (i)(IV).
''(iii) If the Secretary finds that the petitioner has knowingly
and willingly submitted the petition for an improper purpose as
described in clause (i)(III), or which contains a materially false,
misleading, or fraudulent statement as described in clause (i)(IV), the
Secretary may--
''(I) impose a civil penalty of not more than $1,000,000,
plus attorneys fees and costs of reviewing the petition and any
related proceedings;
''(II) suspend the authority of the petitioner to submit a
petition under such section 10.30 or section 10.35 (or any
successor regulation), for a period of not more than 10 years;
''(III) revoke permanently the authority of the petitioner
to submit a petition under such section 10.30 or section 10.35
(or any successor regulation); or
''(IV) dismiss the petition at issue in its entirety.
''(iv) If the Secretary takes an enforcement action described in
subclause (I), (II), (III), or (IV) of clause (iii) with respect to a
petition, the Secretary shall refer that petition to the Federal Trade
Commission for further action as the Federal Trade Commission finds
appropriate.
''(v) In determining whether to take an enforcement action
described in subclause (I), (II), (III), or (IV) of clause (iii) with
respect to a petition, and in determining the amount of any civil
penalty or the length of any suspension imposed under that clause, the
Secretary shall consider the specific circumstances of the situation,
such as the gravity and seriousness of the violation involved, the
amount of resources expended in reviewing the petition at issue, the
effect on marketing of competing drugs of the pendency of the
improperly submitted petition, including whether the timing of the
submission of the petition appears to have been calculated to cause
delay in the marketing of any drug awaiting approval, and whether the
petitioner has a history of submitting petitions in violation of this
subparagraph.
''(vi)(I) Any person aggrieved by a petition filed under such
section 10.30 or section 10.35 (or any successor regulation), including
a person filing an application under subsection (b)(2) or (j) of this
section to which such petition relates, may request that the Secretary
initiate an investigation described under clause (ii) for an
enforcement action described under clause (iii).
''(II) The aggrieved person shall specify the basis for its belief
that the petition at issue is false, misleading, fraudulent, or
submitted for an improper purpose. The aggrieved person shall certify
that the request is submitted in good faith, is well grounded in fact,
and not submitted for any improper purpose. Any aggrieved person who
knowingly and intentionally violates the preceding sentence shall be
subject to the civil penalty described under clause (iii)(I).
''(vii) The Secretary shall take final agency action with respect
to a petition filed under such section 10.30 or section 10.35 (or any
successor regulation) within 6 months of receipt of such petition. The
Secretary shall not extend such 6-month review period, even with
consent of the petitioner, for any reason, including based upon the
submission of comments relating to a petition or supplemental
information supplied by the petitioner. If the Secretary has not taken
final agency action on a petition by the date that is 6 months after
the date of receipt of the petition, such petition shall be deemed to
have been denied on such date.
''(viii) The Secretary may promulgate regulations to carry out this
subparagraph, including to determine whether petitions filed under such
section 10.30 or section 10.35 (or any successor regulation) merit
enforcement action by the Secretary under this subparagraph.''.

SOLUTION: Citizen Petition Fairness and Accuracy Act of 2006 - Amends the Federal Food, Drug, and Cosmetic Act to require that any citizen petition or request for stay of action related to an abbreviated new drug application include a statement that the petition: (1) includes all information and views on which the petitioner relies; (2) is well grounded in fact and warranted by law; (3) is not submitted for an improper purpose; and (4) does not contain a materially false, misleading, or fraudulent statement. Requires the Secretary of Health and Human Services to investigate any petition that does not comply.

Allows the Secretary to impose penalties for knowingly and willfully submitting a petition for an improper purpose or that contains a materially false, misleading, or fraudulent statement. Provides that such penalties may include: (1) civil penalty; (2) suspension or revocation of the authority to submit a petition; and (3) dismissal of the petition. Requires the Secretary to refer such a violative petition to the Federal Trade Commission (FTC) for further action. Sets forth the factors that the Secretary shall consider in taking an enforcement action or determining the penalty.

Permits any person aggrieved by a petition that may contain violations to request the Secretary to investigate. Subjects knowing and intentional violative requests to civil penalties.

Requires the Secretary to take final agency action on such a petition within six months.

PROBLEM: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Family Telephone Connection
Protection Act of 2005''.

SEC. 2. FINDINGS.

The Congress finds that:
(1) The telephone is the primary method by which
individuals correspond and maintain contact with family members
who are incarcerated in correctional institutions.
(2) Except for emergency purposes, family members are not
allowed to call people incarcerated in correctional
institutions; incarcerated persons are typically allowed to
call family members and other pre-approved individuals only
through payphones physically located on the premises of
correctional institutions.
(3) Inmate telephone service in correctional institutions
often is limited to collect calling.
(4) Regardless of whether the prisoners' calls are placed
collect or through a debit account, the prisoners' family
members typically pay for the calls, either through their
telephone bills, in the case of collect calls received from
prisoners, or by making deposits directly into prisoners' debit
accounts.
(5) Innocent citizens are paying excessive telephone
charges simply due to having a family member or loved one who
is incarcerated.
(6) The rates for calls from correctional institutions are
some of the highest rates in the United States, with some per-
minute charges reaching $1 and service or connection charges of
$3.95 per call.
(7) Information compiled by the Congress and the Federal
Communications Commission shows that the high rates are due in
part to the lack of competition between telephone companies
that provide long distance inmate telephone service to
correctional institutions.
(8) There are no competitive forces providing incentives
for those carriers to lower prices or operate efficiently
because, unlike the mass market, only one carrier is typically
permitted to provide long distance inmate telephone service
within each correctional institution.
(9) High calling rates also are due in part to commissions
that carriers pay to correctional institution administrators
for the exclusive right to provide long distance inmate
telephone service in a correctional facility. In some cases,
such commissions account for 50 percent or more of the total
charges.
(10) The collection of such commissions by correctional
institution administrators and state departments of correction
based upon interstate telecommunications revenues is a burden
on interstate commerce.
(11) Due to the lack of competition for telephone services
within correctional institutions, families of people in prison,
many of whom have low incomes, cannot choose the long distance
carrier with the lowest calling rates and must pay the
excessive rates charged by the carrier having the exclusive
right to provide long distance service to the correctional
institution from which the call originates.
(12) It is the policy of the United States to ensure that
all Americans are afforded just and reasonable communications
services, including those families that pay rates for inmate
telephone service.
(13) It is clear from various studies that maintaining
frequent and meaningful communications between people who are
incarcerated and family members is key to the successful social
reintegration of formerly incarcerated individuals. Such
contact reduces recidivism and facilitates rehabilitation,
which in turn reduces crime and the future costs of
imprisonment.
(14) Frequent communications between incarcerated persons
and family members is burdened, and in some cases, prevented,
by excessive inmate telephone service rates. Excessive inmate
telephone service rates thus weaken the family and community
ties that are necessary for successful reentry into society by
persons who were formerly incarcerated and the reduction in
crime resulting from successful reentry.
(15) The Commission has the expertise and authority to
regulate inmate telephone service. Because parties to
Commission rulemaking proceedings have raised issues regarding
its authority to implement meaningful relief for excessive
inmate telephone service rates, Congress finds it necessary and
appropriate to reaffirm that the Commission has the authority
to implement the types of relief set forth in this Act.

SEC. 3. RESTRICTIONS ON THE PROVISION OF INMATE TELEPHONE SERVICE.

(a) Definitions.--Section 226(a) of the Communications Act of 1934
(47 U.S.C. 226(a)) is amended adding at the end the following new
paragraphs:
''(10) The term 'collect' or 'collect call' refers to a
telephone call from a person incarcerated in a correctional
institution that is billed to the subscriber receiving the
call.
''(11) The term 'commission' refers to a fee or other
payment by a provider of inmate telephone service to an
administrator of a correctional institution, department of
correction, or similar entity, based upon, or partly upon,
inmate telephone service revenue.
''(12) The term 'debit account' refers to the payment of
inmate telephone service through a prisoner's prepaid card or
other account, which can be accessed only through an access
code, personal identification number, or similar identifier.
''(13) The term 'inmate telephone service' includes the
provision of telephone service enabling persons incarcerated in
correctional institutions to originate interstate calls at
payphones or other telephones that are designated for
prisoners' personal use, regardless of whether the calls are
collect, paid through a debit account, or paid through any
other means.
''(14) The term 'provider of inmate telephone service'
means any common carrier that provides inmate telephone service
or any other person determined by the Commission to be
providing inmate telephone service.''.
(b) Regulations.--Section 226 is further amended--
(1) by redesignating subsection (i) as subsection (k); and
(2) inserting after subsection (h) the following new
subsections:
''(i) Regulation of Inmate Telephone Service.--
''(1) Rates.--In order to ensure that charges for inmate
telephone service are just, reasonable, and nondiscriminatory,
the Commission shall consider, either in a rulemaking
proceeding that is pending as of the date of enactment of the
Family Telephone Connection Protection Act of 2005 or in a new
rulemaking proceeding, the following types of regulation of
inmate telephone service, all of which are within the
Commission's jurisdiction and authority:
''(A) prescribing a maximum uniform per-minute
compensation rate;
''(B) prescribing a maximum uniform service
connection or other per-call compensation rate;
''(C) prescribing variable maximum compensation
rates depending on such factors as carrier costs, the
size of the correctional facility served, and other
relevant factors identified by the Commission;
''(D) requiring providers of inmate telephone
service to offer both collect calling and debit account
services;
''(E) prohibiting the payment of commissions by
providers of inmate telephone service to administrators
of correctional institutions, departments of
correction, and similar entities; and
''(F) requiring administrators of correctional
institutions, departments of correction, and similar
entities to allow more than one provider of inmate
telephone service to provide interstate inmate
telephone service at a correctional institution in
order that prisoners have a choice of such providers.
''(2) Scope.--The regulations adopted by the Commission
shall be technologically neutral and shall not jeopardize
legitimate security and penelogical interests. To the extent
the Commission regulations reduce or eliminate the revenue
derived by administrators of correctional institutions,
departments of correction, and similar entities from the
receipt of commissions, such effects of Commission regulations
shall not be considered as jeopardizing or otherwise affecting
legitimate security or penelogical interests.
''(3) Deadlines and periodic review.--The Commission shall
prescribe regulations to implement the provisions of this
subsection within one year after the date of enactment of the
Family Telephone Connection Protection Act of 2005. The
Commission shall review, on a triennial basis, the regulations
promulgated under this subsection, including whether any
Commission-established compensation rates should be modified.
''(4) State preemption.--To the extent that any State
requirements are inconsistent with the Commission's regulations
affecting or pertaining to interstate inmate telephone service,
including restrictions on the payment of commissions based upon
interstate inmate telephone service revenues or earnings, the
Commission's regulations on such matters shall preempt such
State requirements.
''(j) Inmate Telephone Service Fully Subject to Sections 251 and
252.--
''(1) Inmate telephone service is fully subject to the
requirements of sections 251 and 252 of this Act.
''(2) No provider of inmate telephone service may block or
otherwise refuse to carry a call placed by an incarcerated
person on the grounds that the provider has no contractual or
other arrangement with the local exchange carrier serving the
intended recipient of the call or other common carrier involved
in any portion of the transmission of the call.''.

SOLUTION: Family Telephone Connection Protection Act of 2005 - Amends the Communications Act of 1934 to direct the Federal Communications Commission (FCC) to consider the following types of regulation of inmate telephone service: (1) prescribing a maximum uniform per-minute rate (paid to telephone service providers); (2) prescribing a maximum uniform service connection or other per-call rate; (3) prescribing variable maximum rates depending on factors such as carrier costs or the size of the correctional facility; (4) requiring providers of inmate telephone service to offer both collect calling and debit account services; (5) prohibiting the payment of commissions by such providers to administrators of correctional facilities; and (6) requiring such administrators to allow more than one service provider at a facility so that prisoners have a choice.

PROBLEM: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Corporate Inverters Earnings
Stripping Reform Act of 2014''.

SEC. 2. ADDITIONAL RULES RELATED TO INVERTED CORPORATIONS.

(a) In General.--Section 7874 of the Internal Revenue Code of 1986
is amended by redesignating subsection (g) as subsection (h) and by
inserting after subsection (f) the following new subsection:
''(g) Special Rules Applicable to Earnings Stripping and Related
Party Transactions.--
''(1) Modifications of limitation on interest deduction.--
''(A) In general.--In the case of any additional
limitation year of a corporation which is an applicable
entity, section 163(j) shall be applied with the
modifications described in subparagraph (B).
''(B) Modifications for additional limitation
years.--For purposes of subparagraph (A), the
modifications described in this subparagraph are as
follows:
''(i) No carryover.--No carryforward to any
other taxable year shall be allowed under
section 163(j)(1)(B) for interest paid or
accrued during any additional limitation year
with respect to which a deduction was
disallowed to the corporation under section
163(j).
''(ii) Rules for determining whether
interest limitation rules apply.--In applying
section 163(j)(2) to determine whether section
163(j) applies to the corporation for any
additional limitation year--
''(I) subparagraph (A)(ii) shall be
disregarded, and
''(II) subparagraph (B)(i)(II)
shall be applied by substituting '25
percent of the adjusted taxable income
of the corporation' for 'the sum of 50
percent of the adjusted taxable income
of the corporation plus any excess
limitation carryforward under clause
(ii)' for purposes of determining the
corporation's excess interest expense
for the year.
''(C) Additional limitation year.--For purposes of
this paragraph, the term 'additional limitation year'
means, with respect to any corporation which is an
applicable entity, any taxable year beginning on or
after the first day of the later of the corporation's--
''(i) first taxable year beginning on or
after the date of enactment of this
subparagraph, or
''(ii) first taxable year for which the
corporation is an applicable entity.
''(2) Annual application for agreements on return
positions.--
''(A) In general.--Each applicable entity shall
file with the Secretary an application for an approval
agreement under subparagraph (C) for each approval
year. Such application shall be filed at such time and
manner, and shall contain such information, as the
Secretary may prescribe.
''(B) Failures to comply.--If an applicable entity
fails to file an application under subparagraph (A), or
the approval agreement does not contain the necessary
provisions described in subparagraph (C), for any
taxable year, then for such taxable year--
''(i) there shall not be allowed any
deduction, or addition to basis or cost of
goods sold, for amounts paid or incurred, or
losses incurred, by reason of a transaction
between the entity and a foreign related
person,
''(ii) any transfer or license of
intangible property (as defined in section
936(h)(3)(B)) between the entity and a foreign
related person shall be disregarded, and
''(iii) any cost-sharing arrangement
between the entity and a foreign related person
shall be disregarded.
''(C) Approval agreement.--For purposes of
subparagraph (A), the term 'approval agreement' means a
prefiling, advance pricing, or other agreement
specified by the Secretary which contains such
provisions as the Secretary determines necessary to
ensure that the requirements of sections 163(j),
267(a)(3), 367, 482, and 845, and any other provision
of this title applicable to transactions between
related persons and specified by the Secretary, are
met.
''(D) Approval year.--For purposes of this
paragraph, the term 'approval year' means, with respect
to any applicable entity, any taxable year beginning on
or after the date of enactment of this subparagraph if
such taxable year is within the 10-taxable-year period
beginning with the first taxable year for which the
entity is an applicable entity.
''(3) Applicable entity.--For purposes of this subsection--
''(A) In general.--The term 'applicable entity'
means any corporation which is a member of an expanded
affiliated group which includes an entity which--
''(i) is a surrogate foreign corporation,
determined by applying subsection (a)(2)(B)--
''(I) by substituting 'more than 50
percent' for 'at least 60 percent' in
clause (ii) thereof,
''(II) by substituting 'before, on,
or after' for 'after' in clause (i)
thereof, and
''(III) by disregarding the matter
following clause (iii) thereof, and
''(ii) is not treated as a domestic
corporation by reason of subsection (b).
''(B) Special rule for inclusion of noncorporate
entities.--For purposes of subparagraph (A), a
partnership or other entity (other than a corporation)
shall be treated as a member of an expanded affiliated
group if such entity controls (as determined under
section 954(d)(3)), or is controlled by (as so
determined), members of such group (including any
entity treated as a member of such group by reason of
this sentence).''.
(b) Effective Date.--The amendments made by this section shall
apply with respect to taxable years beginning after the date of
enactment of this Act.

SOLUTION:
Corporate Inverters Earnings Stripping Reform Act of 2014 - Amends the Internal Revenue Code to impose limitations on the tax deduction for interest paid by corporations which are designated as applicable entities (i.e., members of an expanded affiliated group which includes a surrogate foreign corporation which is not treated as a domestic corporation). Prohibits such an entity from claiming a tax deduction for interest that exceeds 25% of its adjusted taxable income and from carrying forward interest which is paid or accrued during the first year in which such entity becomes an applicable entity. Requires an applicable entity to file an annual application for an approval agreement (i.e., a prefiling, advance pricing, or other agreement involving a related-party transaction) with the Internal Revenue Service (IRS) during the 10-year period after it becomes an applicable entity.