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. SHORT TITLE.

This Act may be cited as the ''Kids, Homes, and Grandparents Act of
1996''.

SEC. 2. CHILD TAX CREDIT.

(a) In General.--Subpart A of part IV of subchapter A of chapter 1
of the Internal Revenue Code of 1986 (relating to nonrefundable
personal credits) is amended by inserting after section 22 the
following new section:

''SEC. 23. CHILD TAX CREDIT.

''(a) Allowance of Credit.--There shall be allowed as a credit
against the tax imposed by this chapter for the taxable year an amount
equal to $500 multiplied by the number of qualifying children of the
taxpayer.
''(b) Qualifying Child.--For purposes of this section, the term
'qualifying child' means any individual if--
''(1) the taxpayer is allowed a deduction under section 151
with respect to such individual for the taxable year,
''(2) such individual has not attained the age of 18 as of
the close of the calendar year in which the taxable year of the
taxpayer begins, and
''(3) such individual bears a relationship to the taxpayer
described in section 32(c)(3)(B).''
(b) Clerical Amendment.--The table of sections for subpart A of
part IV of subchapter A of chapter 1 of such Code is amended by
inserting after the item relating to section 22 the following new item:

''Sec. 23. Child tax credit.''
(c) Effective Date.--The amendments made by this section shall
apply to taxable years beginning after December 31, 1996.

SEC. 3. DEDUCTION IF PARENT OR GRANDPARENT RESIDES WITH TAXPAYER.

(a) In General.--Part VII of subchapter B of chapter 1 of the
Internal Revenue Code of 1986 is amended by redesignating section 220
as section 221 and by inserting after section 219 the following new
section:

''SEC. 220. TAXPAYERS WITH WHOM PARENT OR GRANDPARENT RESIDES.

''(a) In General.--In the case of an individual who maintains a
household which includes as a member one or more parents or
grandparents of such individual who have as the principal place of
their abode the home of such individual, there shall be allowed as a
deduction the product of--
(1) $1000, and
(2) the number of such parents and grandparents.
''(b) Parent or Grandparent.--For purposes of subsection (a), the
term 'parent or grandparent' means, with respect to any individual, any
ancestor of the individual or of the individual's spouse or former
spouse. For purposes of the preceding sentence, the term 'ancestor'
includes a stepmother or stepfather.''
(b) Deduction Allowable Whether or Not Taxpayer Itemizes.--
Subsection (a) of section 62 of such Code is amended by inserting after
paragraph (15) the following new paragraph:
''(16) Taxpayers with whom parent or grandparent resides.--
The deduction allowed by section 220.''
(c) Clerical Amendment.--The table of sections for part VII of
subchapter B of chapter 1 of such Code is amended by striking the item
relating to section 220 and inserting the following new items:

''Sec. 220. Taxpayers with whom parent or
grandparent resides.
''Sec. 221. Cross reference.''
(d) Effective Date.--The amendments made by this section shall
apply to taxable years beginning after December 31, 1996.

SEC. 4. REDUCTION OF TAX ON QUALIFIED PRINCIPAL RESIDENCE GAIN.

(a) In General.--Section 1 of the Internal Revenue Code of 1986
(relating to tax imposed on individuals) is amended by adding at the
end the following new subsection:
''(i) Reduction in Capital Gains Rate Applied to Qualified
Principal Residence Gain.--
''(1) In general.--In the case of an individual, if any
taxable income of the taxpayer would be taxed at a rate in
excess of 15 percent (determined without regard to this
subsection) for any taxable year and such taxpayer has
qualified principal residence gain for such taxable year--
''(A) subsection (h) shall not apply to such
taxable year, and
''(B) the tax imposed by this section for such
taxable year shall not exceed the sum of--
''(i) a tax computed at the rates and in
the same manner as if this subsection had not
been enacted on taxable income reduced by the
amount of the net capital gain,
''(ii) 15 percent of qualified principal
residence gain, and
''(iii) the sum of--
''(I) 15 percent of the excess (if
any) of the maximum amount of income
subject to the 15 percent rate bracket
applicable to the taxpayer over the
amounts taken into account under
clauses (i) and (ii), and
''(II) 28 percent of the excess (if
any) of taxable income over the amounts
taken into account under subclause (I)
and clauses (i) and (ii).
''(2) Qualified principal residence gain.--For purposes of
this subsection--
''(A) In general.--The term 'qualified principal
residence gain' means the amount of gain from the sale
or exchange of a qualified principal residence during
the taxable year, reduced by--
''(i) the amount of gain not included in
gross income pursuant to an election under
section 121 (relating to one-time exclusion of
gain from sale of principal residence by
individual who has attained age 55) with
respect to such sale or exchange, and
''(ii) the amount of gain not recognized
with respect to such sale or exchange under
section 1034 (relating to rollover of gain on
sale of principal residence).
''(B) Limitation.--In no event may the qualified
principal residence gain exceed the lesser of--
''(i) $90,000, or
''(ii) the net capital gain for the taxable
year.
''(C) Qualified principal residence.--The term
'qualified principal residence' means a principal
residence (within the meaning of section 1034) with
respect to which the taxpayer meets the requirements of
121(a)(2) (determined after the application of section
121(d)).
''(D) Property used in part as principal
residence.--Rules similar to the rules of section
121(d)(5) shall apply.
''(3) Coordination with investment income election.--For
purposes of this subsection, the net capital gain for any
taxable year shall be reduced (but not below zero) by the
amount which the taxpayer elects to take into account as
investment income for the taxable year under section
163(d)(4)(B)(iii).''
(b) Effective Date.--The amendment made by this section shall apply
to gain from sales or exchanges of principal residences after December
31, 1996, for taxable years beginning after such date.

SEC. 5. INDEXED BASIS OF PRIMARY RESIDENCE.

(a) In General.--Part II of subchapter O of chapter 1 of the
Internal Revenue Code of 1986 (relating to basis rules of general
application) is amended by inserting after section 1021 the following
new section:

''SEC. 1022. ADJUSTED BASIS OF PRINCIPAL RESIDENCE.

''(a) In General.--In the case of an individual, the adjusted basis
for determining the gain from the sale or exchange of the principal
residence (within the meaning of section 1034) of such individual shall
be the indexed basis of such principal residence.
''(b) Indexed Basis.--For purposes of this section, the indexed
basis of any principal residence is the sum of--
''(1) the adjusted basis (determined without regard to this
section) of such residence, and
''(2) the applicable inflation adjustment.
''(c) Applicable Inflation Adjustment.--For purposes of this
section, the term 'applicable inflation adjustment' means, for any
principal residence, an amount equal to the product of--
''(1) the adjusted basis (determined without regard to this
section) of such residence, and
''(2) the percentage (if any) by which--
''(A) the gross domestic product deflator for the
last calendar quarter ending before such residence is
sold or exchanged, exceeds
''(B) the gross domestic product deflator for the
last calendar quarter ending before such residence was
acquired by the taxpayer.
The percentage under paragraph (2) shall be rounded to the nearest /
10\ of 1 percentage point.
''(d) Gross Domestic Product Deflator.--For purposes of this
section, the gross domestic product deflator for any calendar quarter
is the implicit price deflator for the gross domestic product for such
quarter (as shown in the last revision thereof released by the
Secretary of Commerce before the close of the following calendar
quarter).
''(e) Treatment of Improvements to Property.--If there is an
addition to the adjusted basis of a principal residence during a
taxable year by reason of an improvement to such residence, and the
aggregate amount thereof during the taxable year with respect to such
residence is $1,000 or more, such improvement shall be separately
indexed under subsections (b) and (c) as if the improvement were a
separate residence acquired at the close of such taxable year, in
accordance with regulations prescribed by the Secretary.''
(b) Clerical Amendment.--The table of sections for part II of
subchapter O of chapter 1 of such Code is amended by inserting after
the item relating to section 1021 the following new item:

''Sec. 1022. Adjusted basis of principal
residence.''
(c) Effective Date.--The amendments made by this section shall
apply to residences sold or exchanged after December 31, 1996, for
taxable years beginning after such date.
Solution:
Kids, Homes, and Grandparents Act of 1996 - Amends the Internal Revenue Code to provide for: (1) a tax credit for each qualifying child; (2) a tax deduction for taxpayers with whom a parent or grandparent resides; (3) a reduction in the capital gains rate applied to qualified principal residence gain; and (4) an indexed basis for primary residences.