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

[EX Q]: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Standardization of Collegiate
Oversight of Revenues and Expenditures Act'' or ''SCORE Act''.

SEC. 2. REPORTING BY INSTITUTIONS OF HIGHER EDUCATION ON ATHLETIC
REVENUE AND EXPENSES.

Section 485(g) of the Higher Education Act of 1965 (20 U.S.C.
1092(g)) is amended--
(1) in paragraph (1), by adding at the end the following:
''(K) The amount of revenue generated by each of
the following categories, disaggregated by each sports
team, if applicable:
''(i) Ticket sales.
''(ii) Student fees.
''(iii) Distributions from any other
intercollegiate athletic association,
conference, or tournament.
''(iv) Appearance guarantees and options.
''(v) Contributions from alumni and others.
''(vi) Compensation and benefits provided
by third-party support.
''(vii) Concessions, programs, novelties,
and parking.
''(viii) Broadcast and media rights,
reported separately for television, radio,
internet, and print.
''(ix) Royalties, advertising, and
sponsorship.
''(x) Sports camps.
''(xi) Endowment and investment income,
reported separately for each source of such
income.
''(xii) Direct institutional support.
''(xiii) Indirect institutional support for
facilities, services, and administrative
support.
''(xiv) Direct government support, reported
separately by State government, local
government, Federal Government.
''(L) The expenses attributable to each of the
following categories, disaggregated by each sports
team, as applicable:
''(i) Grants-in-aid.
''(ii) Guarantees and options.
''(iii) Total salaries and benefits, and
salaries and benefits paid by the institution
and by third parties, respectively, to head
coaches, to assistant coaches, and for
administrative salaries.
''(iv) Severance pay.
''(v) Team travel.
''(vi) Recruiting.
''(vii) Equipment, uniforms, and supplies.
''(viii) Fundraising.
''(ix) Marketing and promotion.
''(x) Game expenses.
''(xi) Medical.
''(xii) Membership dues.
''(xiii) Sports camps.
''(xiv) Spirit groups.
''(xv) Transfers to the institution.
''(xvi) Debt service payments.
''(xvii) Athletic facility maintenance and
rental.
''(xviii) Indirect facilities and
administrative support.
''(xix) Education and general expenses of
the institution--
''(I) including instruction,
research, public service, academic
support, student services,
instructional support, and scholarships
and fellowships; and
''(II) which do not include
expenses with respect to auxiliary
enterprises, hospitals, or independent
operations.'';
(2) in paragraph (5)--
(A) by striking ''the term'' and inserting the
following:
''(A) the term'';
(B) by striking the period at the end inserting '';
and''; and
(C) by adding at the end the following:
''(B) the terms listed in each of the categories
under subparagraphs (K) through (L) of paragraph (1)
shall be defined by the Secretary by regulation,
developed in consultation with the Secretary of the
Treasury and the task force described in paragraph
(6)(A), and such definitions shall be updated in
accordance with paragraph (6)(B).''; and
(3) by adding at the end the following:
''(6) Task force; definition updates.--
''(A) Task force.--The Secretary shall appoint a
task force of nonprofit and higher education accounting
experts, professionals, and organizations representing
each of the following:
''(i) Institutions of higher education that
are members of division I of National
Collegiate Athletic Association.
''(ii) Institutions of higher education
that are members of division II of National
Collegiate Athletic Association.
''(iii) Institutions of higher education
that are members of division III of National
Collegiate Athletic Association.
''(B) Updating definitions.--The Secretary, on a
biannual basis and in consultation with the task force
described in subparagraph (A), shall review each
definition under paragraph (5)(B) and, if necessary,
update such definition in accordance with generally
accepted accounting principles or significant changes
in the national system of intercollegiate athletics.
''(7) Special rule.--An institution of higher education
that submits the information described in subparagraphs (K)
through (L) of paragraph (1) to an intercollegiate athletic
association for an academic year, and such information is
verified by an independent audit and certified by chancellor of
the institution, may, in lieu of submitting such information
under paragraph (1), request such association to directly
submit such information to the Secretary on behalf of the
institution for such academic year.''.

SEC. 3. PROGRAM REQUIREMENTS.

Section 487(a) of the Higher Education Act of 1965 (20 U.S.C.
1094(a)) is amended by adding at the end the following:
''(30)(A) An institution will not be a member of any
intercollegiate athletic association or participate in any
national intercollegiate athletics competition organized by any
person, unless such association or person reports, on an annual
basis, to the Secretary the following, disaggregated by sport,
athletic event, or contract, as applicable:
''(i) Total generated revenue and amount of
revenue generated by each of the following
categories:
''(I) Total ticket sales.
''(II) Distributions from other
intercollegiate athletic organization
or person.
''(III) Cash contributions.
''(IV) Dues and other assessments
from member institutions of higher
education.
''(V) Third-party support.
''(VI) Merchandise.
''(VII) Concessions, programs, and
novelties.
''(VIII) Broadcast and media
rights, reported separately for
television, radio, internet, and print.
''(IX) Endowment and investment
income, reported separately for each
source of such income.
''(X) Other corporate sponsorship.
''(XI) Royalties, advertising, and
sponsorship.
''(XII) Net assets.
''(XIII) Direct government support,
reported separately by State
government, local government, or
Federal Government.
''(XIV) Any other category
determined appropriate by the
Secretary.
''(ii) Amount of expenses attributable to
each of the following categories:
''(I) Disbursements to institutions
of higher educations, athletic
conferences, or other persons.
''(II) Salaries and benefits.
''(III) Severance pay.
''(IV) Equipment, uniforms, and
supplies.
''(V) Fundraising.
''(VI) Marketing and promotion.
''(VII) Game expenses.
''(VIII) Medical.
''(IX) Facility construction.
''(X) Facility maintenance and
rental.
''(XI) Capital investment.
''(XII) Debt service payments.
''(XIII) Charitable donations.
''(XIV) Any other category
determined appropriate by the
Secretary.
''(iii) Executive compensation schedules.
''(B) The Secretary shall--
''(i) define by regulation, developed in
consultation with the Secretary of the Treasury
and the task force described in section
485(g)(6)(A), the terms listed in each of the
categories under subparagraphs (A); and
''(ii) on a biannual basis and in
consultation with such task force, review each
definition under clause (i) and, if necessary,
update such definition in accordance with
generally accepted accounting principles or
significant changes in the national system of
intercollegiate athletics.''.
[EX A]: Standardization of Collegiate Oversight of Revenues and Expenditures Act or the SCORE Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to require each coeducational institution of higher education (IHE) that is participating in a title IV program and has an intercollegiate athletic program to include in its annual report on its intercollegiate athletic program: (1) the amount of revenue generated by each item on a list of categorized sources, disaggregated by each sports team; and (2) the expenses attributable to each item on a list of categorized activities or obligations, disaggregated by each sports team. Prohibits an IHE from being a member of any intercollegiate athletic association or participating in any national intercollegiate athletics competition organized by any person, unless such association or person annually reports and disaggregates by sport, athletic event, or contract, as applicable: (1) the total generated revenue and amount of revenue generated by each item on a list of categorized sources, (2) the amount of expenses attributable to each item on a list of categorized activities or obligations, and (3) executive compensation schedules. Directs the Secretary of Education to: (1) define the categories of information that must be reported pursuant to this Act; and (2) biannually review and, as necessary, update each definition in accordance with generally accepted accounting principles or significant changes in the national system of intercollegiate athletics. Directs the Secretary to appoint a task force, made up of representatives from division I, II, and III schools in the National Collegiate Athletic Association (NCAA), with which the Secretary is to consult in defining or redefining each category.

[EX Q]: SECTION 1. SHORT TITLE.

This Act may be cited as the ''China Human Rights Protection Act of
2015''.

SEC. 2. DEFINITIONS.

In this Act:
(1) Appropriate congressional committees.--The term
''appropriate congressional committees'' means--
(A) the Committee on Armed Services, the Committee
on Financial Services, the Committee on Foreign
Affairs, the Committee on Homeland Security, and the
Committee on the Judiciary of the House of
Representatives; and
(B) the Committee on Armed Services, the Committee
on Banking, Housing, and Urban Affairs, the Committee
on Foreign Relations, the Committee on Homeland
Security and Governmental Affairs, and the Committee on
the Judiciary of the Senate.
(2) Gross violations of internationally recognized human
rights.--The term ''gross violations of internationally
recognized human rights'' includes--
(A) extrajudicial killings;
(B) torture or cruel, inhuman, or degrading
treatment or punishment;
(C) prolonged arbitrary detention, causing the
disappearance of individuals by the abduction and
clandestine detention of those individuals;
(D) forced abortion or sterilization;
(E) psychiatric or medical experimentation or organ
harvesting of individuals without consent or obtained
in detention; and
(F) other flagrant denial of the right to life,
liberty, or the security of an individual.
(3) United states person.--The term ''United States
person'' means--
(A) a United States citizen or an alien lawfully
admitted for permanent residence to the United States;
or
(B) an entity organized under the laws of the
United States or of any jurisdiction within the United
States, including a foreign branch of such an entity.

SEC. 3. AUTHORIZATION OF SANCTIONS FOR GROSS VIOLATIONS OF
INTERNATIONALLY RECOGNIZED HUMAN RIGHTS.

(a) In General.--The President shall impose the sanctions described
in subsection (b) with respect to an individual who is a national of
the People's Republic of China the President determines, based on
credible information--
(1) is responsible for gross violations of internationally
recognized human rights committed against other individuals in
the People's Republic of China, particularly those individuals
who seek to obtain, exercise, defend, or promote
internationally recognized human rights and freedoms, such as
the freedoms of religion, expression, association, and
assembly, and the rights to a fair trial and democratic
elections;
(2) acted as an agent of or on behalf of another individual
who is a national of the People's Republic of China in a matter
relating to an activity described in paragraph (1); or
(3) has materially assisted, sponsored, or provided
financial, material, or technological support for, or goods or
services in support of, an activity described in paragraph (1).
(b) Sanctions Described.--The sanctions described in this
subsection are the following:
(1) Inadmissibility to united states.--
(A) In general.--Ineligibility of the individual to
receive a visa to enter the United States or to be
admitted to the United States.
(B) Revocation.--If the individual has been issued
a visa or other documentation, revocation, in
accordance with section 221(i) of the Immigration and
Nationality Act (8 U.S.C. 1201(i)), of the visa or
other documentation.
(2) Blocking of property.--
(A) In general.--The blocking, in accordance with
the International Emergency Economic Powers Act (50
U.S.C. 1701 et seq.), of all transactions in all
property and interests in property of the individual if
such property and interests in property are in the
United States, come within the United States, or are or
come within the possession or control of a United
States person.
(B) Inapplicability of national emergency
requirement.--The requirements of section 202 of the
International Emergency Economic Powers Act (50 U.S.C.
1701) shall not apply for purposes of this section.
(c) Regulatory Authority.--The President shall issue such
regulations, licenses, and orders as are necessary to carry out this
section.

SEC. 4. WAIVER AUTHORITY AND EXCEPTION TO COMPLY WITH UNITED NATIONS
HEADQUARTERS AGREEMENT.

(a) Waiver Authority.--The President may waive the application of
sanctions under section 3 with respect to an individual who is a
national of the People's Republic of China if the President--
(1) determines that such a waiver is in the national
security interests of the United States; and
(2) not later than 30 days prior to granting such a waiver,
submits to the appropriate congressional committees notice of,
and a justification for, the waiver.
(b) Exception To Comply With United Nations Headquarters
Agreement.--Sanctions under sections 3(b)(1) shall not apply to an
individual who is a national of the People's Republic of China if
admitting the individual into the United States is necessary to permit
the United States to comply with the Agreement regarding the
Headquarters of the United Nations, signed at Lake Success June 26,
1947, and entered into force November 21, 1947, between the United
Nations and the United States, or other applicable international
obligations of the United States.

SEC. 5. TERMINATION OF SANCTIONS.

The President may terminate the application of sanctions under
section 3 with respect to an individual who is a national of the
People's Republic of China if the President determines and reports to
the appropriate congressional committees not later than 15 days before
the termination of the sanctions that--
(1) credible information exists that the individual did not
engage in the activity for which sanctions were imposed;
(2) the individual has been prosecuted appropriately for
the activity for which sanctions were imposed; or
(3) the individual has credibly demonstrated a significant
change in behavior, has paid an appropriate consequence for the
activity for which sanctions were imposed, and has credibly
committed to not engage in an activity described in section 3
in the future.

SEC. 6. ESTABLISHMENT OF CHINA HUMAN RIGHTS DOCUMENTATION CENTER.

(a) In General.--The Secretary of State shall seek to provide for
the establishment of and provide funding for an independent,
nongovernmental organization, to be referred to as the China Human
Rights Documentation Center, to--
(1) compile, publish, and archive credible evidence of
nationals of the People's Republic of China who commit gross
violations of internationally recognized human rights against
individuals in the People's Republic of China;
(2) receive evidence of such violations from
nongovernmental organizations and governmental entities;
(3) establish an online and searchable database, in English
and in Chinese, and establish other multi-media information
platforms, in English and in Chinese, of credible evidence of
such violations for research and educational purposes; and
(4) compile, publish, and archive credible evidence of
individuals who are nationals of the People's Republic of China
who are engaged in--
(A) censorship of the Internet, restrictions on the
freedom of expression, the free flow of news and
information, and the silencing of peaceful dissent
against government policy or practice;
(B) threats, surveillance, censorship, detention,
beatings, or the denials or delays of visas of United
States or other foreign journalists working in China;
(C) threats, beatings, surveillance, detention, or
threats to the loss of jobs or professional status made
against--
(i) individuals who are human rights
lawyers seeking to represent clients detained
in extra-legal detention centers;
(ii) individuals considered by the United
Nations Working Group on Arbitrary Detention to
be detained arbitrarily in China, including
Tibetans, Uyghurs, and individuals who are
members of the Falun Gong;
(iii) individuals who are democracy, labor,
environmental, or free speech advocates;
(iv) individuals who are petitioners or
bloggers;
(v) individuals accused in governmental
anti-corruption campaigns; and
(vi) individuals from religious communities
that are independent of government-approved
religious organizations;
(D) restrictions on the right to freedom of
religion and the ability to exercise peaceful religious
practice, in public and private, independent of
government restrictions or oversight of religious
teachings or choice of religious leaders, particularly
the arrest and detention of religious leaders, the
destruction of property or heavy fines, and the
''patriotic education'' of religious leaders;
(E) implementing China's population control
policies, including through the coercive and persistent
monitoring of fertility, the issuing of heavy fines,
and threats made for the loss of employment or the
denial of residency and other government benefits to
children born beyond the government-prescribed limit;
(F) profiting from or overseeing slave labor,
particularly in detention facilities, or from sex or
bride trafficking or those engaged in beating,
threatening, or detaining individuals seeking to
disrupt trafficking in persons networks;
(G) profiting from the sale of organs harvested
from an individual without consent or while an
individual is in detention;
(H) disrupting or prohibiting, through violence,
intimidation, discrimination, or threats, attempts to
organize independent trade unions or to engage in
efforts of collective bargaining; or
(I) prosecuting, sentencing, or those involved in
the continued detention of individuals determined by
the United Nations Working Group on Arbitrary Detention
to have been detained arbitrarily.
(b) Authorization of Appropriations.--Of the funds authorized to be
appropriated to the Department of State for each fiscal year beginning
after the date of the enactment of this Act, such funds as may be
necessary to carry out this section are authorized to be appropriated
to carry out this section for such fiscal year.
(c) Regulatory Authority.--The President shall issue such
regulations, licenses, and orders as are necessary to carry out this
section.

SEC. 7. USE OF CREDIBLE EVIDENCE FOR SANCTIONS DETERMINATIONS AND
REPORTS.

In making determinations to impose sanctions under section 3 and
for purposes of preparing and submitting reports to Congress under
sections 8 and 9, the President should use any credible evidence--
(1) compiled and published by the China Human Rights
Documentation Center established under section 6;
(2) compiled and published by the Department of State and
other appropriate Federal departments and agencies; and
(3) submitted to the President by the chairperson and
ranking member of appropriate congressional committees.

SEC. 8. REPORTS BY PRESIDENT TO CONGRESS.

(a) Report Required.--
(1) In general.--The President shall submit to the
appropriate congressional committees on an annual basis a
report that includes--
(A) a list of individuals who are nationals of the
People's Republic of China with respect to which the
President imposed sanctions pursuant to section 3
during the calendar year preceding the submission of
the report;
(B) a description of the type of sanctions imposed
with respect to each individual;
(C) the number of individuals with respect to which
the President imposed sanctions under section 3(a)
during that year;
(D) the dates on which such sanctions were imposed
or terminated, as the case may be;
(E) the reasons for imposing or terminating such
sanctions; and
(F) a description of the efforts of the President
to encourage the governments of other countries to
impose sanctions that are similar to the sanctions
authorized by section 3.
(2) Dates for submission.--
(A) Initial report.--The President shall submit the
initial report required by this subsection not later
than 180 days after the date of the enactment of this
Act.
(B) Subsequent reports.--
(i) In general.--The President shall submit
each subsequent report required by this
subsection on December 10, or the first day
thereafter on which both Houses of Congress are
in session, of--
(I) the calendar year in which the
initial report is submitted if the
initial report is submitted before
December 10 of such calendar year; and
(II) each subsequent calendar year.
(ii) Congressional statement.--Congress
notes that December 10 of each calendar year
has been recognized in the United States and
internationally since 1950 as ''Human Rights
Day'' and thus the importance of December 10 of
each calendar year as the date of submission of
the subsequent reports required by this
subsection.
(b) Form of Report.--
(1) In general.--The report required by subsection (a)
shall be submitted in unclassified form, but may include a
classified annex.
(2) Exception.--The name of an individual who is a national
of the People's Republic of China to be included in the list
required by subsection (a)(1) by reason of the imposition of
sanctions pursuant to section 3 may be submitted in the
classified annex authorized by paragraph (1) only if the
President--
(A) determines that it is vital for the national
security interests of the United States to do so; and
(B) uses the annex in a manner consistent with
congressional intent and the purposes of this Act.
(c) Public Availability.--
(1) In general.--The unclassified portion of the report
required by subsection (a) shall be made available to the
public, including through publication in the Federal Register.
(2) Nonapplicability of confidentiality requirement with
respect to visa records.--The President shall publish the list
required by subsection (a)(1) without regard to the
requirements of section 222(f) of the Immigration and
Nationality Act (8 U.S.C. 1202(f)) with respect to
confidentiality of records pertaining to the issuance or
refusal of visas or permits to enter the United States.

SEC. 9. REPORT BY COMPTROLLER GENERAL TO CONGRESS ON IMPLEMENTATION OF
THIS ACT.

(a) In General.--Not later than 1 year after the date of submission
of the initial report to Congress under section 8, the Comptroller
General of the United States shall submit to the appropriate
congressional committees a report on the following:
(1) A description and assessment of the process--
(A) to determine whether an individual who is a
national of the People's Republic of China has engaged
in an activity described in section 3 and whether
sanctions under section 3 should be imposed with
respect to the individual;
(B) to determine whether the identity of an
individual who is a national of the People's Republic
of China with respect to which the President has
imposed sanctions pursuant to section 3 should be
classified; and
(C) whether the inclusion of the identity of an
individual who is a national of the People's Republic
of China in the unclassified version of the report has
had any noticeable positive benefits in curtailing
gross violations of internationally recognized human
rights in the People's Republic of China.
(2) An assessment of the implementation of this Act.
(b) Consultation.--The Comptroller General shall consult with the
appropriate congressional committees and nongovernmental organizations
for purposes of preparing the report required by subsection (a).
[EX A]: China Human Rights Protection Act of 2015 Directs the President to impose U.S. entry and property sanctions against a national of China who: is responsible for gross violations of internationally recognized human rights committed against individuals in China, particularly those who seek to exercise, defend, or promote internationally recognized human rights and freedoms; acted as an agent of or on behalf of a national of China in such activities; or has materially assisted or provided financial, material, or technological support for, or goods or services in support of, such activities. Authorizes the President, with regard to such sanctions, to: waive their application, with prior congressional notification, if in U.S. national security interests; and terminate them under specified conditions. States that sanctions shall not apply if necessary to comply with the Agreement between the United Nations (U.N.) and the United States regarding the U.N. Headquarters, or other applicable international obligations of the United States. Declares that the Secretary of State shall seek to provide for the establishment of, and provide funding for, a nongovernmental China Human Rights Documentation Center to: compile, publish, and archive evidence of nationals of China who commit gross violations of internationally recognized human rights against individuals in China, and against others seeking to expand freedoms in China; and establish an online and searchable database, in English and in Chinese of evidence of such violations for research and educational purposes. Directs the President to report to Congress annually regarding each foreign person sanctioned, the type of sanctions imposed, and the reason for their imposition. Directs the Government Accountability Office to assess for Congress: the process to determine whether a foreign person has engaged in a sanctionable activity, whether sanctions should be imposed, and whether the identity of a sanctioned foreign person should be classified; and implementation of this Act.

[EX Q]: SECTION 1. SHORT TITLE; AMENDMENT OF 1986 CODE.

(a) Short Title.--This Act may be cited as the ''Small Property and
Casualty Insurance Company Equity Act of 1993''.
(b) Amendment of 1986 Code.--Except as otherwise expressly
provided, whenever in this Act an amendment or repeal is expressed in
terms of an amendment to, or repeal of, a section or other provision,
the reference shall be considered to be made to a section or other
provision of the Internal Revenue Code of 1986.

SEC. 2. SMALL COMPANY DEDUCTION.

(a) Section 832(c) 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 adding at the end thereof the following new
paragraph:
''(14) the small insurance company deduction allowed by
subsection (h).''
(b) Section 832 is amended by adding at the end thereof the
following new subsections:
''(h) Small Insurance Company Deduction.--In the case of taxable
years beginning after December 31, 1992--
''(1) In general.--There shall be allowed as a deduction
for the taxable year 60 percent of so much of the tentative
taxable income for such taxable year as does not exceed
$3,000,000 (hereinafter in this section referred to as the
'small insurance company deduction').
''(2) Phaseout between $3,000,000 and $15,000,000.--The
amount of the small insurance company deduction determined
under paragraph (1) for any taxable year shall be reduced (but
not below zero) by 15 percent of so much of the tentative
taxable income for such taxable year as exceeds $3,000,000.
''(3) Small insurance company deduction not allowable to
company with assets of $500,000,000 or more.--
''(A) In general.--The small insurance company
deduction shall not be allowed for any taxable year to
any insurance company which, at the close of such
taxable year, has assets equal to or greater than
$500,000,000.
''(B) Assets.--For purposes of this paragraph, the
term 'assets' means all assets of the company.
''(C) Valuation of assets.--For purposes of this
paragraph, the amount attributable to--
''(i) real property and stock shall be the
fair market value thereof, and
''(ii) any other asset shall be the
adjusted basis of such asset for purposes of
determining gain on sale or other disposition.
''(D) Special rule for interests in partnerships
and trusts.--For purposes of this paragraph--
''(i) an interest in a partnership or trust
shall not be treated as an asset of the
company, but
''(ii) the company shall be treated as
actually owning its proportionate share of the
assets held by the partnership or trust (as the
case may be).
''(i) Tentative Taxable Income.--For purposes of subsection (h)--
''(1) In general.--The term 'tentative taxable income'
means taxable income determined without regard to the small
insurance company deduction.
''(2) Exclusion of items attributable to noninsurance
businesses.--The amount of the tentative taxable income for any
taxable year shall be determined without regard to all items
attributable to noninsurance businesses.
''(3) Noninsurance businesses.--
''(A) In general.--The term ''noninsurance
business'' means any activity which is not an insurance
business.
''(B) Certain activities treated as insurance
businesses.--For purposes of subparagraph (A), any
activity which is not an insurance business shall be
treated as an insurance business if--
''(i) it is of a type traditionally carried
on by insurance companies for investment
purposes, but only if the carrying on of such
activity (other than in the case of real
estate) does not constitute the active conduct
of a trade or business, or
''(ii) it involves the performance of
administrative services in connection with
plans providing property or casualty insurance
benefits.
''(C) Limitation of amount of loss from
noninsurance business which may offset income from
insurance business.--In computing the taxable income of
any insurance company subject to tax imposed by section
831, any loss from a noninsurance business shall be
limited under the principles of section 1503(c).
''(j) Special Rule for Controlled Groups.--
''(1) Small insurance company deduction determined on
controlled group basis.--For purposes of subsections (h) and
(i)--
''(A) all insurance companies which are members of
the same controlled group shall be treated as 1
insurance company, and
''(B) any small insurance company deduction
determined with respect to such group shall be
allocated among the insurance companies which are
members of such group in proportion to their respective
tentative taxable incomes.
''(2) Noninsurance members included for asset test.--For
purposes of subsection (h)(3), all members of the same
controlled group (whether or not insurance companies) shall be
treated as 1 company.
''(3) Controlled group.--For purposes of this subsection,
the term 'controlled group' means any controlled group of
corporations (as defined in section 1563(a)); except that
subsections (a)(4) and (b)(2)(D) of section 1563 shall not
apply.
''(4) Adjustments to prevent excess detriment or benefit.--
Under regulations prescribed by the Secretary, proper
adjustments shall be made in the application of this subsection
to prevent any excess detriment or benefit (whether from year-
to-year or otherwise) arising from the application of this
subsection.''

SEC. 3. EFFECTIVE DATE.

The amendments made by this Act shall apply to taxable years
beginning after December 31, 1992.
[EX A]:
Small Property and Casualty Insurance Company Equity Act of 1993 - Amends the Internal Revenue Code to allow a small insurance company deduction of the tentative taxable income of certain companies involved with property or casualty insurance.