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Q: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Tuition Assistance for Families
Act''.

SEC. 2. EXPANSION OF TUITION TAX DEDUCTION.

(a) In General.--Subparagraphs (A) and (B) of section 222(b)(2) of
the Internal Revenue Code of 1986 (relating to dollar limitation) are
amended to read as follows:
''(A) In general.--The applicable dollar limit
shall be equal to--
''(i) in the case of a taxpayer whose
adjusted gross income for the taxable year does
not exceed $65,000 ($130,000 in the case of a
joint return), $12,000,
''(ii) with respect to any taxable year
beginning in 2004 or 2005, in the case of a
taxpayer not described in clause (i) whose
adjusted gross income for the taxable year does
not exceed $80,000 ($160,000 in the case of a
joint return), $2,000, and
''(iii) in the case of any other taxpayer,
zero.
''(B) Inflation adjustment.--
''(i) In general.--In the case of any
taxable year beginning after 2003, each dollar
amount referred to in subparagraph (A)(i) shall
be increased by an amount equal to--
''(I) such dollar amount,
multiplied by
''(II) the cost-of-living
adjustment determined under section
(1)(f)(3) for the calendar year in
which the taxable year begins, by
substituting '2002' for '1992'.
''(ii) Rounding.--If any amount as adjusted
under clause (i) is not a multiple of $100,
such amount shall be rounded to the next lowest
multiple of $100.''.
(b) Permanent Deduction.--Section 222 of the Internal Revenue Code
of 1986 (relating to qualified tuition and related expenses) is amended
by striking subsection (e).
(c) Effective Date.--The amendments made by this section shall
apply to payments made in taxable years beginning after December 31,
2002.

SEC. 3. EXPANSION OF LIFETIME LEARNING CREDIT.

(a) In General.--Section 25A(c)(1) of the Internal Revenue Code of
1986 (relating to per taxpayer credit) is amended--
(1) by striking ''20 percent'' and inserting ''25
percent'', and
(2) by striking ''$10,000 ($5,000 in the case of taxable
years beginning before January 1, 2003)'' and inserting
''$12,000''.
(b) Inflation Adjustment.--Section 25A(h) of the Internal Revenue
Code of 1986 (relating to inflation adjustments) is amended by adding
at the end the following new paragraph:
''(3) Dollar limitation on amount of lifetime learning
credit.--
''(A) In general.--In the case of any taxable year
beginning after 2003, the dollar amount referred to in
subsection (c)(1) shall be increased by an amount equal
to--
''(i) such dollar amount, multiplied by
''(ii) the cost-of-living adjustment
determined under section (1)(f)(3) for the
calendar year in which the taxable year begins,
by substituting '2002' for '1992'.
''(B) Rounding.--If any amount as adjusted under
subparagraph (A) is not a multiple of $100, such amount
shall be rounded to the next lowest multiple of
$100.''.
(c) Effective Date.--The amendments made by this section shall
apply to payments made in taxable years beginning after December 31,
2002.

SEC. 4. INCREASE IN INCOME LIMITS FOR HOPE AND LIFETIME LEARNING
CREDITS.

(a) In General.--Section 25A(d)(2)(A)(ii) of the Internal Revenue
Code of 1986 (relating to limitation based on modified adjusted gross
income) is amended by striking ''$40,000 ($80,000'' and inserting
''$55,000 ($110,000''.
(b) Conforming Amendments.--Section 25A(h)(2)(A) of the Internal
Revenue Code of 1986 is amended--
(1) by striking ''2001'' in the matter preceding clause (i)
and inserting ''2003'',
(2) by striking ''the $40,000 and $80,000 amounts'' in such
matter and inserting ''the $55,000 and $110,000 amounts'', and
(3) by striking ''2000'' in clause (ii) and inserting
''2002''.
(c) Effective Date.--The amendments made by this section shall
apply to payments made in taxable years beginning after December 31,
2002.

SEC. 5. MAXIMUM PELL GRANT AWARDS.

The Department of Education Appropriations Act, 2002 (Public Law
107-116) is amended under the heading ''Student Financial Assistance''
by striking ''$4,000'' and inserting ''$4,500''.

SEC. 6. ACADEMIC ACHIEVEMENT SCHOLARSHIPS.

(a) Scholarships.--The Secretary of Education is authorized to
award a scholarship for academic year 2003-2004 and succeeding academic
years to each student in a State who graduated in the top 5 percent of
such student's graduating class from secondary school in academic year
2002-2003 or a succeeding academic year to enable such student to pay
the cost of attendance at an institution of higher education.
(b) Amount.--Each scholarship awarded under this section shall be
in the amount of $1,000.
(c) Use.--Each student awarded a scholarship under this section
shall use the funds to pay the cost of attendance at an institution of
higher education.
(d) Construction of Needs Provision.--
(1) In general.--Except as provided in paragraph (2),
nothing in this section, or any other Act, shall be construed
to permit the receipt of a scholarship under this section to be
counted for any needs test in connection with the awarding of
any grant or the making of any loan under the Higher Education
Act of 1965 (20 U.S.C. 1001 et seq.) or any other provision of
Federal law relating to educational assistance.
(2) Exception.--In determining the need of a student for
Federal financial assistance, an institution of higher
education may take into consideration the amount of scholarship
assistance received under this section if the total amount of
scholarship assistance received under this section plus the
amount of other financial assistance available to a student
exceeds the student's cost of attendance at the institution.
(e) Regulations.--The Secretary of Education shall promulgate
regulations regarding how scholarships awarded under this section will
be allocated to both public and private school students.
(f) Definitions.--In this section:
(1) Cost of attendance.--The term 'cost of attendance' has
the meaning given the term in section 472 of the Higher
Education Act of 1965 (20 U.S.C. 1087ll).
(2) Institution of higher education.--The term 'institution
of higher education' has the meaning given the term in section
101 of the Higher Education Act of 1965 (20 U.S.C. 1001).

A: Tuition Assistance for Families Act - Amends the Internal Revenue Code to expand the tax deduction for qualified higher education tuition and related expenses. Sets such deduction at: (1) $12,000 for those with incomes up to $65,000 single or $130,000 joint; and (2) $2,000 for those whose incomes are above that level, but not more than $80,000 single or $160,000 joint. Provides inflation adjustment. Makes such tuition deduction permanent.Increases the amount of the Lifetime Learning tax credit percentage from 20 to 25 percent. Increases the amount of education expenses subject to such credit from $10,000 to $12,000 (thus making the maximum allowable credit $3,000, rather than the current $2,000). Provides inflation adjustment.Raises annual income limits for the Hope and Lifetime Learning tax credits to $55,000 single and $110,000 joint.Amends the Department of Education Appropriations Act, 2002 (Public Law 107-116) to increase the maximum Pell Grant award from $4,000 to $4,500.Establishes an academic achievement scholarship program. Authorizes the Secretary of Education to award a $1,000 college scholarship to each student in a State who graduates in the top five percent of his or her secondary school's graduating class.
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Q: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Antimicrobial Data Collection Act''.

SEC. 2. RESEARCH PROGRAMS TO STUDY ANTIMICROBIAL RESISTANCE.

(a) Definitions.--In this Act--
(1) the term ''Commissioner'' means the Commissioner of
Food and Drugs; and
(2) the term ''Secretary'' means the Secretary of Health
and Human Services.
(b) Commencement of Pilot Data Collection and Analysis Program.--
The Secretary, acting through the Commissioner, shall develop a
research program or programs to study the relationship between the
sales, distribution, end-use practices of animal drugs containing an
antimicrobial active ingredient in food-producing animals and
antimicrobial resistance trends. The Secretary may also consider any
other available sound information, science, research, expertise, or
program designs in carrying out this subsection.
(c) Purpose of Programs.--Any research program developed under
subsection (b) shall be developed in order to better determine--
(1) the relationships between sales data, distribution
data, and end-usage data of animal drugs containing an
antimicrobial active ingredient in food-producing animals to
inform policies of Food and Drug Administration regarding data
collection and regulation of antimicrobial products in
agriculture, including consideration of the potential value and
feasibility of data from veterinary feed directives and other
sources; and
(2) the relationships between the use of animal drugs
containing an antimicrobial active ingredient in food-producing
animals and trends in antimicrobial resistance, including by
using the data collected through the National Antimicrobial
Resistance Monitoring System or other studies regarding
resistance levels in bacteria associated with food-producing
animals.
(d) Consultation.--Any research program developed under subsection
(b) shall be developed in consultation with the Secretary of
Agriculture, which shall include at a minimum consultation with the
Under Secretary for Food Safety, the Under Secretary for Marketing and
Regulatory Programs, and the Under Secretary for Research, Education,
and Economics at the Department of Agriculture. To the extent
practicable, such Under Secretaries shall provide assistance in
developing and conducting such research programs.
(e) Implementation.--Not later than 180 days after the date of
enactment of this Act, the Secretary shall implement the research
program or programs developed under subsection (b). The Secretary shall
analyze data from such program or programs to determine the
contribution of such data to studying antimicrobial resistance and
establishing the antimicrobial data collection strategy as described in
section 3(b)(1)(B).

SEC. 3. REPORTS TO CONGRESS; DEVELOPMENT OF DATA COLLECTION STRATEGY.

(a) Initial Report.--As soon as practicable after the date of
enactment of this Act, the Secretary shall--
(1) submit to Congress a report that--
(A) describes the research design and goals for the
research program or programs developed under section
2(b); and
(B) includes a needs assessment, considering broad
sources of data and models on antimicrobial use in
food-producing animals that the Food and Drug
Administration may need or from which the Food and Drug
Administration could benefit, to improve the evaluation
of Food and Drug Administration programs regarding
antimicrobial resistance and how a systematic and valid
data collection strategy will be designed to comply
with subsection (b)(1)(B); and
(2) make such report publicly available.
(b) Report Regarding Results and Recommendations.--Not later than 2
years after the date of enactment of this Act, the Secretary shall--
(1) submit to Congress a report that--
(A) describes the comprehensive results of any
research program or programs developed under section
2(b), including with respect to the determinations made
pursuant to paragraphs (1) and (2) of section 2(c); and
(B) provides recommendations for developing an
antimicrobial data collection strategy based on the
information contained in the comments to the Advanced
Notice of Proposed Rulemaking entitled ''Antimicrobial
Animal Drug Distribution Reporting'' (77 Fed. Reg.
44177 (July 27, 2012)) and any relevant information
obtained in the research pilot program carried out
under section 2; and
(2) make such report publicly available.

SEC. 4. ENHANCED REPORTING AND PUBLICATION OF SALES DATA.

(a) In General.--Section 512(l)(3)(E) of the Federal Food, Drug,
and Cosmetic Act (21 U.S.C. 360b(l)(3)(E)) is amended--
(1) by redesignating clauses (i) and (ii) as subclauses (I)
and (II);
(2) by striking ''The Secretary shall make summaries of the
information reported under this paragraph publicly available,
except that--'' and inserting ''(i) Not later than a date
established by the Secretary for 2014, and on such date in each
year thereafter, the Secretary shall make publicly available a
summary of the information (including dosage form information,
if practicable) reported under this paragraph for the previous
year, except that--''; and
(3) by inserting after subclause (II), as redesignated by
paragraph (1), the following:
''(ii) In making the summaries available under this subparagraph,
the following shall apply:
''(I) The Secretary shall segregate the categories of
amounts reported into the following 2 subcategories, after
consultation with applicable classifications as determined by
the Secretary, subject to subclause (IV):
''(aa) The volume of drugs of importance to human
medicine.
''(bb) The volume of drugs not of importance to
human medicine.
''(II) As practicable, the Secretary shall segregate
amounts reported into the following:
''(aa) Container size.
''(bb) Strength.
''(cc) Dosage form.
''(dd) Marketing status.
''(III) In any cross-tabulation of the amounts reported
with any reporting category, the Secretary shall include the
categories 'Not Independently Reported' and 'Not Independently
Reported Export'.
''(IV) Every 5 years, the Secretary shall reevaluate the
classifications consulted under subclause (I) after opportunity
for public comment.
''(iii) The Secretary shall maximize the quality, accuracy, detail,
and specificity of data made publicly available in the summaries under
this subparagraph, to the extent practicable, such as regarding the
type, estimated level of exposure, and target animals of antimicrobial
drugs. In carrying out the preceding sentence, the Secretary may
provide additional information in such summaries.
''(iv) The Secretary shall conduct an annual evaluation of the
effectiveness of and compliance with relevant policies and programs of
the Food and Drug Administration regarding antimicrobial drug sales for
food-producing animals, and use of such drugs and antimicrobial
resistance, using valid and robust performance metrics. Beginning in
2014, the Secretary shall include with each annual summary made
publicly available under this subparagraph a report that describes the
results of the evaluation conducted under this clause with respect to
the preceding year.''.
(b) Reissuance.--Not later than 3 years after the date of enactment
of this Act, the Secretary shall reissue the summary reports issued
before 2012 under section 512(l)(3)(E) of the Federal Food, Drug, and
Cosmetic Act (21 U.S.C. 360b(l)(3)(E)) using the format designed for
the 2012 summary report. The Secretary shall publish the reissued
reports in one combined publication.

SEC. 5. ACTION TO PROTECT PUBLIC AND ANIMAL HEALTH.

(a) Publication of Final Guidance.--
(1) In general.--Not later than 180 days after the date of
enactment of this Act, the Secretary shall publish a final
version of the draft Voluntary Guidance #213 of the Food and
Drug Administration (entitled ''New Animal Drugs and New Animal
Drug Combination Products Administered in or on Medicated Feed
or Drinking Water of Food-Producing Animals: Recommendations
for Drug Sponsors for Voluntarily Aligning Product Use
Conditions with GFI #209'').
(2) Effect of subsection.--Nothing in this subsection shall
be construed to affect any other obligations of the Food and
Drug Administration regarding the authorities of such
Administration to regulate antimicrobial drugs and protect
public health.
(b) Report by GAO.--
(1) In general.--Not later than 3 years after the
conclusion of the research pilot program or programs developed
under section 2, the Comptroller General of the United States
shall commence a study to evaluate--
(A) the approaches used by the Food and Drug
Administration to eliminate injudicious use of
antimicrobial drugs in food-producing animals; and
(B) the effectiveness of the data collection
activities carried out by the Food and Drug
Administration regarding antimicrobial resistance.
(2) Report.--Not later than 1 year after commencing the
study described in paragraph (1), the Comptroller General of
the United States shall submit to the Committee on Health,
Education, Labor, and Pensions of the Senate and the Committee
on Energy and Commerce of the House of Representatives a report
that describes the results of such study.

A: Antimicrobial Data Collection Act - Requires the Secretary of Health and Human Services (HHS), acting through the Commissioner of Food and Drugs (FDA), to develop a research program to study the relationship between the sales, distribution, and end-use practices of animal drugs containing an antimicrobial active ingredient in food-producing animals and antimicrobial resistance trends. Requires the Secretary to analyze data from the program to determine the data's contribution to studying antimicrobial resistance and establishing an antimicrobial data collection strategy. Requires the Secretary to: (1) report to Congress on the program's research design and goals, including a needs assessment to improve the FDA's evaluation of antimicrobial resistance; and (2) report to Congress and the public within two years with the comprehensive results of the program and recommendations for developing an antimicrobial data collection strategy. Amends the Federal Food, Drug, and Cosmetic Act to revise the requirements for the annual summaries of antimicrobial animal drug information, including by requiring the Secretary to maximize the quality, accuracy, detail, and specificity of the data made publicly available in the summaries. Requires the Secretary to conduct an annual evaluation of the effectiveness of and compliance with relevant FDA programs and policies regarding antimicrobial drug sales for food-producing animals, and the use of such drugs and antimicrobial resistance. Directs the Secretary to publish a final version of voluntary guidance for drug sponsors on new animal drugs and new animal drug combination products administered in or on medicated feed or drinking water of food-producing animals. Requires the Comptroller General (GAO) to evaluate the FDA's approaches to eliminate injudicious use of antimicrobial drugs in food-producing animals and the effectiveness of the FDA's data collection activities regarding antimicrobial resistance.
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Q: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Derivatives Trading Integrity Act of
2008''.

SEC. 2. REGULATION OF CERTAIN AGREEMENTS, CONTRACTS, AND TRANSACTIONS.

(a) Definitions.--Section 1a of the Commodity Exchange Act (7
U.S.C. 1a) is amended--
(1) by striking paragraphs (10), (11), (13), (14), and
(33); and
(2) by redesignating--
(A) paragraph (12) as paragraph (10);
(B) paragraphs (15) through (32) as paragraphs (11)
through (28), respectively; and
(C) paragraph (34) as paragraph (29).
(b) Exclusions.--Section 2 of the Commodity Exchange Act (7 U.S.C.
2) is amended--
(1) by striking subsections (d), (e), (g), (h), and (i);
and
(2) by redesignating subsection (f) as subsection (d).
(c) Restriction of Futures Trading to Contract Markets or
Derivatives Transaction Execution Facilities.--Section 4 of the
Commodity Exchange Act (7 U.S.C. 6) is amended--
(1) in subsection (a), in the matter preceding paragraph
(1), by striking ''Unless exempted by the Commission pursuant
to subsection (c), it shall'' and inserting ''It shall'';
(2) by striking subsection (c); and
(3) by redesignating subsection (d) as subsection (c).
(d) Exempt Boards of Trade.--Section 5d of the Commodity Exchange
Act (7 U.S.C. 7a-3) is repealed.

SEC. 3. CONFORMING AMENDMENTS.

(a) Section 1a of the Commodity Exchange Act (7 U.S.C. 1a) (as
amended by section 2(a)(2)) is amended--
(1) in paragraph (10)(A)(x), by striking ''(other than an
electronic trading facility with respect to a significant price
discovery contract)'';
(2) in paragraph (25)--
(A) in subparagraph (C), by inserting ''and'' after
the semicolon at the end;
(B) in subparagraph (D), by striking ''; and'' and
inserting a period; and
(C) by striking subparagraph (E); and
(3) in paragraph (27), by striking ''section 2(c), 2(d),
2(f), or 2(g) of this Act'' and inserting ''subsection (c) or
(d) of section 2''.
(b) Section 2(c) of the Commodity Exchange Act (7 U.S.C. 2(c)) is
amended--
(1) in paragraph (1)--
(A) in the matter preceding subparagraph (A), by
striking ''5d,''; and
(B) in subparagraph (F), by striking ''in an
excluded commodity''; and
(2) in paragraph (2)(B)(i)(II)--
(A) in item (cc), by striking ''section 1a(20) of
this Act'' each place it appears and inserting
''section 1a(16)''; and
(B) in item (dd), by striking ''section
1a(12)(A)(ii) of this Act'' and inserting ''section
1a(10)(A)(ii)''.
(c) Section 4a of the Commodity Exchange Act (7 U.S.C. 6a) is
amended--
(1) in subsection (a)--
(A) in the first sentence, by striking ''or on
electronic trading facilities with respect to a
significant price discovery contract''; and
(B) in the second sentence, by striking ''or on an
electronic trading facility with respect to a
significant price discovery contract,'';
(2) in subsection (b)--
(A) in paragraph (1), by striking ''or electronic
trading facility with respect to a significant price
discovery contract''; and
(B) in paragraph (2), in the matter preceding the
proviso, by striking ''or electronic trading facility
with respect to a significant price discovery
contract''; and
(3) in subsection (e)--
(A) in the first sentence--
(i) in the matter preceding the proviso--
(I) by striking ''or by any
electronic trading facility'';
(II) by striking ''or on an
electronic trading facility''; and
(III) by striking ''or electronic
trading facility''; and
(ii) in the proviso, by striking ''or
electronic trading facility''; and
(B) in the second sentence, in the matter preceding
the proviso, by striking ''or electronic trading
facility with respect to a significant price discovery
contract''.
(d) Section 4g(a) of the Commodity Exchange Act (7 U.S.C. 6g(a)) is
amended by striking ''and in any significant price discovery contract
traded or executed on an electronic trading facility or''.
(e) Section 4i of the Commodity Exchange Act (7 U.S.C. 6i) is
amended--
(1) in the matter preceding paragraph (1), by striking ''or
any significant price discovery contract traded or executed on
an electronic trading facility''; and
(2) in the matter following paragraph (2), by striking ''or
electronic trading facility''.
(f) Section 5a of the Commodity Exchange Act (7 U.S.C. 7a) is
amended--
(1) in subsection (b)(2)--
(A) in subparagraph (D)(ii), by inserting ''or''
after the semicolon at the end;
(B) in subparagraph (E), by striking ''; or'' and
inserting a period; and
(C) by striking subparagraph (F); and
(2) in subsection (g)--
(A) in the heading, by striking ''Election To Trade
Excluded and Exempt Commodities'' and inserting
''Excluded Securities''; and
(B) in paragraph (1)--
(i) by striking ''excluded or exempt
commodities other than'' and inserting
''commodities other than an agricultural
commodity enumerated in section 1a(4) or''; and
(ii) by striking '', 2(d), or 2(g) of this
Act, or exempt under section 2(h) of this
Act''.
(g) Section 5b of the Commodity Exchange Act (7 U.S.C. 7a-1) is
amended--
(1) in subsection (a)(1), by striking ''section
2(a)(1)(C)(i), 2(c), 2(d), 2(f), or 2(g) of this Act or title
IV of the Commodity Futures Modernization Act of 2000, or
exempted under section 2(h) or 4(c) of this Act'' and inserting
''subsection (a)(1)(C)(i), (c), or (d) of section 2 or title IV
of the Commodity Futures Modernization Act of 2000 (Public Law
106-554; 114 Stat. 2763A457)''; and
(2) in subsection (b), by striking ''section 2(c), 2(d),
2(f), or 2(g) of this Act or title IV of the Commodity Futures
Modernization Act of 2000, or exempted under section 2(h) or
4(c) of this Act'' and inserting ''subsection (c) or (d) of
section 2 or title IV of the Commodity Futures Modernization
Act of 2000 (Public Law 106-554; 114 Stat. 2763A457)''.
(h) Section 5c of the Commodity Exchange Act (7 U.S.C. 7a-2) is
amended--
(1) in subsection (a)(1), by striking ''and section 2(h)(7)
with respect to significant price discovery contracts,'';
(2) in subsection (b)--
(A) in paragraph (1), by striking '', derivatives
transaction execution facility, or electronic trading
facility with respect to a significant price discovery
contract'' and inserting ''or derivatives transaction
execution facility''; and
(B) in paragraphs (2) and (3), by striking '',
derivatives transaction execution facility, or
electronic trading facility'' each place it appears and
inserting ''or derivatives transaction execution
facility''; and
(3) in subsection (d)(1), in the matter preceding
subparagraph (A), by striking ''or 2(h)(7)(C) with respect to a
significant price discovery contract traded or executed on an
electronic trading facility,''.
(i) Section 5e of the Commodity Exchange Act (7 U.S.C. 7b) is
amended by striking ''or revocation of the right of an electronic
trading facility to rely on the exemption set forth in section 2(h)(3)
with respect to a significant price discovery contract,''.
(j) Section 5f(b)(1) of the Commodity Exchange Act (7 U.S.C. 7b-
1(b)(1)) is amended in the matter preceding subparagraph (A), by
striking ''section 5f'' and inserting ''this section''.
(k) Section 6(b) of the Commodity Exchange Act (7 U.S.C. 8(b)) is
amended--
(1) in the first sentence--
(A) by striking ''or to revoke the right of an
electronic trading facility to rely on the exemption
set forth in section 2(h)(3) with respect to a
significant price discovery contract,''; and
(B) by striking ''or electronic trading facility'';
and
(2) in the second sentence, in the matter preceding the
proviso, by striking ''or electronic trading facility''.
(l) Section 12(e) of the Commodity Exchange Act (7 U.S.C. 16(e)) is
amended by striking paragraph (2) and inserting the following:
''(2) Effect.--This Act supersedes and preempts the
application of any State or local law that prohibits or
regulates gaming or the operation of bucket shops (other than
antifraud provisions of general applicability) in the case of
an agreement, contract, or transaction that is excluded from
this Act under--
''(A) subsection (c) or (d) of section 2; or
''(B) title IV of the Commodity Futures
Modernization Act of 2000 (Public Law 106-554; 114
Stat. 2763A457).''.
(m) Section 15(b) of the Commodity Exchange Act (7 U.S.C. 19(b)) is
amended by striking ''4(c) or''.
(n) Section 22(b)(1)(A) of the Commodity Exchange Act (7 U.S.C.
25(b)(1)(A)) is amended by striking ''by section 2(h)(7) or sections 5
through 5c'' and inserting ''under sections 5 through 5c''.
(o) Section 13106(b)(1) of the Food, Conservation, and Energy Act
of 2008 (7 U.S.C. 2 note; Public Law 110-246) is amended by striking
''section 1a(32)'' and inserting ''section 1a''.

A:
Derivatives Trading Integrity Act of 2008 - Amends the Commodity Exchange Act to: (1) repeal the exemption or exclusion from regulation by the Commodity Futures Trading Commission (CFTC) of specified derivative transactions, swap transactions, and related electronic trading facilities; (2) restrict futures trading to contract markets or derivatives transaction execution facilities; and (3) abolish exempt boards of trade.
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