zli12321/Bills huggingface dataset:
Requires the Secretary of the Treasury and the Chairman of the Board of Governors of the Federal Reserve System to require financial institutions that have received assistance under the Troubled Asset Relief Program (TARP) or under the Federal Reserve Act to obtain the approval of their employee bonus payment plans by either the Secretary or the Chairman, as appropriate, before paying any employee bonuses.

Date: 2009-03-19
Topic: Domestic Commerce (Corporate Management)
Subject: Finance and financial sector
Assisted Institution Bonus Repayment Act of 2009 - Amends the Emergency Economic Stabilization Act of 2008 to require a financial institution, as a condition of receiving assistance under such Act, to certify to the Secretary of the Treasury that the 10 most highly paid executives or employees of such institution have repaid any bonuses received during the previous five fiscal years.

Date: 2009-03-19
Topic: Domestic Commerce (Corporate Management)
Subject: Finance and financial sector
Amends the Emergency Economic Stabilization Act of 2008 (EESA) to require that at least one member of the Board Compensation Committee of each Troubled Asset Relief Program (TARP) recipient reviewing the recipient's employee compensation plans be an employee of the recipient whose compensation is within the lowest 20% of compensation of all of the recipient's employees and executives.

Date: 2009-03-25
Topic: Domestic Commerce (Corporate Management)
Subject: Finance and financial sector
Amends the Internal Revenue Code to impose a 70% tax on compensation in excess of $1 million received by an employee from an employer who has received, in the aggregate, economic assistance of more than $500 million under the Troubled Asset Relief Program (TARP) of the Emergency Economic Stabilization Act of 2008 or the Housing and Economic Recovery Act of 2008. Exempts employees who return such compensation to their employer or who receive such compensation as a commissioned sales person.

Date: 2009-03-30
Topic: Domestic Commerce (Corporate Management)
Subject: Taxation
Amends the Internal Revenue Code to: (1) to set forth a special rule for the inclusion in gross income of partnership interests transferred in connection with the performance of services; (2) treat as ordinary income or loss net income or loss from an investment services partnership interest; (3) include income and loss from an investment services partnership interest for purposes of determining net earnings from self-employment; (4) apply the rule treating gain from sales between related persons as ordinary income to certain partnership interests; and (5) exempt income from investment services partnership interests from treatment as qualifying income of publicly traded partnerships. Defines "investment services partnership interest" as any interest in a partnership held by a person who provides services to a partnership by: (1) advising the partnership about investing in, purchasing, or selling specified assets; (2) managing, acquiring, or disposing of specified assets; or (3) arranging financing with respect to acquiring specified assets.

Date: 2009-04-02
Topic: Domestic Commerce (Corporate Management)
Subject: Taxation
Antitrust Criminal Penalty Enhancement and Reform Act of 2004 Extension Act - Amends the Antitrust Criminal Penalty Enhancement and Reform Act of 2004 to extend through June 22, 2010, provisions of that Act limiting civil damages in antitrust enforcement actions involving conduct covered by antitrust leniency agreements.

Date: 2009-06-03
Topic: Domestic Commerce (Corporate Management)
Subject: Commerce
Credit Card Fair Fee Act of 2009 - Sets forth a limited antitrust immunity to providers of covered electronic payment systems and merchants for negotiation of access rates and terms. Authorizes providers of a single covered electronic payment system (e.g. credit cards and/or debit cards) and merchants to jointly negotiate and agree upon rates and terms for access to such system. Provides immunity exceptions. Requires the rates and terms of a voluntarily negotiated access agreement to be the same for all merchants and participating providers, regardless of their respective category or volume of transactions. Requires issuers, acquirers, owners, and merchants to make specified disclosures regarding itemized costs and access agreements. Requires the negotiating parties to file jointly with the Attorney General any voluntarily negotiated access agreement that affects any market in the United States or elsewhere.

Date: 2009-06-04
Topic: Domestic Commerce (Corporate Management)
Subject: Finance and financial sector
S Corporation Modernization Act of 2009 - Amends the Internal Revenue Code to revise the tax treatment of S corporations by: (1) permanently reducing from 10 to 7 years the period during which S corporation built-in gains are subject to tax; (2) repealing mandatory termination of S corporation elections for excessive passive investment income; (3) allowing S corporations to increase passive investment income from 25 to 60% without incurring additional tax; (4) allowing nonresident aliens to be potential current beneficiaries of an electing small business trust (ESBT); (5) allowing individual retirement accounts (IRAs) to be S corporation shareholders; (6) allowing ESBTs to claim expanded charitable tax deductions; and (7) making permanent the rule requiring a basis adjustment to stock of an S corporation making charitable contributions of property.

Date: 2009-06-17
Topic: Domestic Commerce (Corporate Management)
Subject: Taxation
Mutual Holding Company Beneficial Owners' Protection Act of 2009 - Amends the Home Owners' Loan Act, the Federal Deposit Insurance Act, and the Bank Holding Company Act to prohibit any savings association, savings and loan holding company, insured depository institution, or bank holding company that is a subsidiary of a mutual holding company from establishing or implementing any plan (or plan amendment ) to award stock options or to provide stock or any stock interest as compensation or benefits to either management or employees, unless a majority of the total (non-mutual holding company) votes eligible to be cast for it approve. Declares void and unenforceable any provision of the charter or bylaws of such entities which has the effect of excluding or preventing such votes.

Date: 2009-07-22
Topic: Domestic Commerce (Corporate Management)
Subject: Finance and financial sector
Amends Internal Revenue Code provisions relating to the tax on the unrelated business income of tax-exempt organizations to exempt from treatment as acquisition indebtedness (subject to the unrelated business income tax) indebtedness incurred or continued by an organization which is a partner with limited liability in a partnership to purchase or carry certain securities or commodities.

Date: 2009-07-31
Topic: Domestic Commerce (Corporate Management)
Subject: Taxation
Fighting for American Jobs Act of 2009 - Directs each federal agency that provides contracts, grants, loans, or loan guarantees to businesses to require, as a condition of such assistance, that such businesses provide annually information on: (1) the number of employees employed in the United States and its territories and possessions and the number employed outside the United States, as well as wage information on U.S. employees; and (2) the percentage of the workforce that has been laid off or forced to resign during the preceding year. Prohibits, until the situation is corrected, subsequent federal assistance to businesses that lay off a greater percentage of workers in the United States and its territories and possessions than in other countries.

Date: 2009-12-10
Topic: Domestic Commerce (Corporate Management)
Subject: Government operations and politics
Corporate Propaganda Sunshine Act - Directs the Securities and Exchange Commission (SEC) to revise certain regulations so as to require issuers to include in specified periodic reports any expenditures totaling $1,000 or more that were made for the purpose of influencing public opinion on any matter other than the promotion of the issuer's products or services. Requires such disclosures to include the date, amount, and purpose of the expenditure, and to identify (by name, address, and phone number) the person to whom it was made.

Date: 2010-01-13
Topic: Domestic Commerce (Corporate Management)
Subject: Finance and financial sector
End the Hijacking of Shareholder Funds Act - Deems expenditure to influence public opinion by the officers and directors of a public company on matters not related to company products or services to be a breach of fiduciary duty if such expenditure has not been approved by a prior majority shareholder vote. Subjects such officers and directors to joint and several liability to any shareholder or class of shareholders for the amount of such an expenditure.

Date: 2010-01-21
Topic: Domestic Commerce (Corporate Management)
Subject: Finance and financial sector
Health Insurance Industry Fair Competition Act - Amends the McCarran-Ferguson Act to provide that nothing in that Act shall modify, impair, or supersede the operation of any of the antitrust laws with respect to the business of health insurance. Applies prohibitions against using unfair methods of competition to the business of health insurance without regard to whether such business is carried on for profit.

Date: 2010-02-22
Topic: Domestic Commerce (Corporate Management)
Subject: Health
Prohibits a corporation from being considered a person under federal law for any purpose, including voting, running for office, or donating funds to a political action candidate. Provides that a corporation shall be considered a person under federal law only for the purposes of: (1) exercising rights to due process; (2) participating in any manner of a civil action; (3) participating in a contract; (4) the right to own property; or (5) the ability to declare bankruptcy.

Date: 2010-03-02
Topic: Domestic Commerce (Corporate Management)
Subject: Law
Keeping American Businesses Competitive Act of 2010 - Amends the Internal Revenue Code to reduce the maximum income tax rate on corporations, including personal service corporations, from 35 to 22%.

Date: 2010-03-04
Topic: Domestic Commerce (Corporate Management)
Subject: Taxation
Tax Cut Job Creation Act of 2010 - Amends the Internal Revenue Code to reduce the income tax rate for corporations that make charitable contributions to certain tax-exempt educational organizations. Terminates such tax reduction after 2014.

Date: 2010-03-15
Topic: Domestic Commerce (Corporate Management)
Subject: Taxation
Tax Cut Job Creation Act of 2010 - Amends the Internal Revenue Code to reduce the income tax rate on certain corporations that make charitable contributions to tax-exempt educational organizations.

Date: 2010-03-18
Topic: Domestic Commerce (Corporate Management)
Subject: Taxation
Federal Employees Responsible Investment Act - Provides for the establishment of a Corporate Responsibility Stock Index Fund as an investment option under the Thrift Savings Plan (TSP). Directs the Federal Retirement Thrift Investment Board to select a minimum of one index which is a commonly recognized, passively managed index comprised of stocks based on criteria which shall at a minimum include corporate governance, environmental practices, workplace relations and benefits, product safety and impact, international operations and human rights, involvement with repressive regimes, and community relations. Requires that the index's financial track record be comparable to that of the other options available under TSP. Directs that the Fund be invested in a portfolio which shall be designed such that the percentage of the Fund that is invested in each stock is the same as the percentage determined by dividing the aggregate market value of all shares of that stock by the aggregate market value of all shares of all stocks included in such index.

Date: 2010-09-22
Topic: Domestic Commerce (Corporate Management)
Subject: Government operations and politics
Discount Pricing Consumer Protection Act - Amends the Sherman Act to declare that any contract, combination, conspiracy, or agreement setting a minimum price below which a product or service cannot be sold by a retailer, wholesaler, or distributor violates the Act.

Date: 2009-01-06
Topic: Domestic Commerce (Corporate Management)
Subject: Commerce
Civil Access to Justice Act of 2009 - Amends the Legal Services Corporation Act to reauthorize the Legal Services Corporation (LSC) at increased levels for FY2010-FY2015. Requires the LSC Board of Directors to include at least one individual with financial or audit experience. Eliminates state advisory councils. Requires the LSC to establish: (1) a protocol for the receipt of donations; (2) an audit committee, a finance committee, and a governance and performance review committee; (3) a continuity of operations plan; and (4) an adequate internal control structure and procedures for financial reporting. Requires the LSC to promote recruitment and retention of highly qualified staff members for all grantees, contractees, or recipients of financial assistance through the Pilot Loan Repayment Assistance Program or other appropriate programs. Limits the coverage of prohibited purpose provisions of federal law only to recipient use of funds from the LSC itself. (Thus lifts such restrictions, except those related to abortion litigation, on the use of state and local funds and private donations.) Permits only class action suits arising under established state or federal statutory or established judicial case law. Revises eligibility requirements for LSC grantees and funds recipients, extending specific eligibility to those seeking assistance with matters relating to home foreclosure or mortgage default or delinquency. Requires distribution of LSC funds on the basis of a system of competitive bidding, as well as specific allocations for all geographic areas, Native American communities, and migrant and seasonal farm workers. Prohibits the use of LSC funds to provide legal assistance with respect to: (1) litigation relating to prison conditions; (2) the defense of an individual in a proceeding to evict him or her from a public housing project in connection with a drug offense; or (3) all but certain aliens. Authorizes the LSC to allow use of a portion of the funds provided under the grant or contract to acquire and develop information technology to promote full access to high-quality, efficient legal representation and materials for self-representation. Allows the use of LSC funds to provide legal assistance with respect to any fee-generating case (which is currently prohibited), but only if the recipient's attorney reports on the representation and the amount of fees awarded. Directs the LSC to require an audit of each recipient in accordance with generally accepted auditing standards. Amends the Higher Education Act of 1965 to authorize the Secretary of Education to enter into grants or contracts with accredited law schools in the states for the purpose of paying up to 90% of the costs of expanding or establishing clinical experience programs in such schools.

Date: 2009-03-26
Topic: Domestic Commerce (Corporate Management)
Subject: Law
Excessive Pay Shareholder Approval Act - Amends the Securities Exchange Act of 1934 to prohibit the compensation for an employee of an issuer of securities in any single taxable year from exceeding 100 times the average compensation for services performed by all the issuer's employees during such taxable year. Allows higher compensation only if at least 60% of the shareholders have voted to approve it (through a proxy or consent or authorization for an annual or other meeting of the shareholders, occurring within the preceding 18 months).

Date: 2009-05-07
Topic: Domestic Commerce (Corporate Management)
Subject: Finance and financial sector
Antitrust Criminal Penalties Enforcement and Reform Act of 2004 Extension Act - Amends the Antitrust Criminal Penalty Enhancement and Reform Act of 2004 to extend through June 22, 2010, provisions of that Act limiting civil damages in antitrust enforcement actions involving conduct covered by antitrust leniency agreements.

Date: 2009-06-09
Topic: Domestic Commerce (Corporate Management)
Subject: Commerce
Ending Excessive Corporate Deductions for Stock Options Act - Amends the Internal Revenue Code to: (1) limit the employer tax deduction for stock options granted to its employees to the value of such options as recorded on the employer's books at the time such options are granted; and (2) apply the $1 million limitation on the employer tax deduction for employee remuneration to stock option compensation.

Date: 2009-07-22
Topic: Domestic Commerce (Corporate Management)
Subject: Taxation
Investors Rights and Corporate Accountability Act of 2009 - Amends the Securities Exchange Act of 1934 (SEA) to direct the Securities and Exchange Commission (SEC) to apply to all brokers and dealers who provide investment advice to retail clients the fiduciary duty established under the Investment Advisers Act of 1940, including the duty to act solely in the best interest of the customer or client, without regard to the financial or other interest of the broker or dealer providing the advice. Requires the trier of fact to order any person who knowingly violated securities laws to reimburse an issuer (clawback) for: (1) any bonus or other incentive-based or equity-based compensation received from the issuer during the period of the violation; and (2) any profits realized by such person from the sale of securities of the issuer during the period of the violation. Amends the Sarbanes-Oxley Act of 2002 (SOX), with respect to forfeiture of certain bonuses and profits, to authorize a shareholder of an issuer to commence an action on behalf of the issuer if the chief executive officer or the chief financial officer of the issuer has not made the requisite reimbursement (for material noncompliance with any financial reporting requirement) within 90 days after an accounting restatement occurs. Amends the SEA to prescribe requirements for treating the allegations of a confidential source, in a securities fraud action, as giving rise to a strong inference that a defendant acted with the required state of mind. Prohibits specified proxy voting practices by brokers in connection with elections for membership to the board of an issuer's governing body in the absence of instructions from the security's beneficial owner regarding the specific election. Instructs the SEC to promulgate rules: (1) requiring the independence of any adviser retained by the board of directors of an issuer to advise on an executive employment contract or compensation agreement; (2) requiring such adviser to report solely to the board of directors responsible for executive compensation; and (3) prohibiting an issuer from agreeing to indemnify or limit the liability of an adviser. Amends the SEA and the Investment Advisers Act of 1940 to subject to liability for aiding and abetting any person that provides substantial assistance to another person with reckless disregard for whether the substantial assistance is in violation of either Act. Instructs the SEC to direct the national securities exchanges and national securities associations to prohibit listing any security of an issuer that is not in compliance with prohibitions against severance payments to a senior executive officer who is terminated for poor performance (golden parachute).

Date: 2009-11-20
Topic: Domestic Commerce (Corporate Management)
Subject: Finance and financial sector
S Corporation ESOP Promotion and Expansion Act of 2010 - Amends the Internal Revenue Code to: (1) extend to all domestic corporations, including S corporations, provisions allowing deferral of tax on gain from the sale of employer securities to an S corporation-sponsored employer stock ownership plan (ESOP); (2) allow a tax deduction for interest incurred on loans to S corporation-sponsored ESOPs for the purchase of employer securities; and (3) transfer liability for payment of estate tax on transfers of employer securities to an S corporation-sponsored ESOP from the estate executor to the ESOP. Directs the Secretary of the Treasury to establish the S Corporation Employee Ownership Assistance Office to foster increased employee ownership of S corporations.

Date: 2010-09-20
Topic: Domestic Commerce (Corporate Management)
Subject: Taxation
Amends the Internal Revenue Code to repeal a provision (added by the Patient Protection and Affordable Care Act) that extends to corporations that are not tax-exempt the requirement to report payments of $600 or more.

Date: 2011-01-05
Topic: Domestic Commerce (Corporate Management)
Subject: Taxation
Amends the Internal Revenue Code to prohibit a reduction under any treaty of the United States of tax withholding for a tax deductible payment made between persons who are members of the same foreign controlled group of entities unless there would be a similar reduction for payments made directly to the foreign parent corporation of such entities.

Date: 2011-01-05
Topic: Domestic Commerce (Corporate Management)
Subject: Taxation
Small Business Paperwork Mandate Elimination Act of 2011 - Amends the Internal Revenue Code to repeal a provision (added by the Patient Protection and Affordable Care Act) that extends to corporations that are not tax-exempt the requirement to report payments of $600 or more.

Date: 2011-01-05
Topic: Domestic Commerce (Corporate Management)
Subject: Taxation
Amends Internal Revenue Code provisions relating to tax-exempt private activity bond financing to exempt from the definition of "private business use" rights to intellectual property created by scientific research conducted by a governmental unit or tax-exempt organization.

Date: 2011-02-10
Topic: Domestic Commerce (Corporate Management)
Subject: Taxation
Competitive Health Insurance Reform Act of 2011 - Amends the McCarran-Ferguson Act to provide that nothing in that Act shall modify, impair, or supersede the operation of any of the antitrust laws with respect to the business of health insurance. Applies prohibitions against using unfair methods of competition to the business of health insurance without regard to whether such business is carried on for profit. Prohibits class action lawsuits on any claim against an insurer for a violation of the McCarran-Ferguson Act, except suits by: (1) the United States or any state, or (2) named individual claimants for their particular injuries.

Date: 2011-03-17
Topic: Domestic Commerce (Corporate Management)
Subject: Health
Quality Health Care Coalition Act of 2011 - Exempts health care professionals, including individuals and entities, from federal and state antitrust laws in connection with negotiations with a health plan regarding contract terms under which the professionals provide health care items or services for which plan benefits are provided. Declares that this Act: (1) applies only to health care professionals excluded from the National Labor Relations Act; and (2) does not apply to such negotiations relating to Medicare or Medicaid programs, the Children's Health Insurance Program (CHIP, formerly known as SCHIP), medical and dental care for members of the uniformed services, veterans' medical care, the federal employees health benefits program, or the Indian Health Care Improvement Act.

Date: 2011-04-07
Topic: Domestic Commerce (Corporate Management)
Subject: Health
Health Insurance Industry Fair Competition Act - Amends the McCarran-Ferguson Act to provide that nothing in that Act shall modify, impair, or supersede the operation of any of the antitrust laws with respect to the business of health insurance. Applies prohibitions against using unfair methods of competition to the business of health insurance without regard to whether such business is carried on for profit.

Date: 2011-05-23
Topic: Domestic Commerce (Corporate Management)
Subject: Health
Discount Pricing Consumer Protection Act of 2011 - Provides that any agreement setting a price below which a product or service may not be sold by a retailer, wholesaler, or distributor violates the Sherman Act.

Date: 2011-11-14
Topic: Domestic Commerce (Corporate Management)
Subject: Commerce
Incorporation Transparency and Law Enforcement Assistance Act - Directs the Secretary of the Treasury to: (1) issue regulations requiring corporations and limited liability companies formed in a state that does not have a formation system providing for the disclosure, updating, and verification of beneficial ownership information to file with the Secretary information about their beneficial ownership as required by this Act; and (2) provide such information pursuant to a civil or criminal subpoena or summons from a federal or state agency or a congressional committee or a written request by a federal agency on behalf of another country or by the Financial Crimes Enforcement Network. Sets forth requirements for state formation systems regarding beneficial ownership information, including: (1) the identification of beneficial owners by name, address, and identifying number from a passport or driver's license; and (2) the updating of lists of beneficial owners not later than 60 days after any change in information. Requires retention of such information for five years after a corporation or limited liability company terminates. Authorizes a state that maintains a formal licensing system for formation agents to permit applicants to form a corporation or limited liability company or such a corporation or company to provide such information to such an agent residing in that state instead of to that state directly. Specifies exempt entities, including businesses with more than 20 full-time employees in the United States and over $10 million in gross receipts or sales. Prescribes penalties for: (1) providing false or fraudulent beneficial ownership information; (2) willfully failing to provide complete or updated information; (3) disclosing the existence of a subpoena, summons, or other request for beneficial ownership information, with exceptions; and (4) a formation agent failing to obtain or maintain credible, legible, and updated beneficial ownership information. Requires the Secretary to publish a proposed and final rule to require persons engaged in the business of forming corporations to establish anti-money laundering programs. Requires the Comptroller General to study and report to Congress on: (1) state requirements for the disclosure of beneficial ownership information; (2) whether the lack of such information has impeded investigations into entities suspected of terrorism, money laundering, and other criminal activities; (3) whether the failure to require beneficial ownership information for partnerships and trusts formed or registered in the United States has elicited international criticism and what steps the United States has taken or is planning to take in response; and (4) the effectiveness of incorporation practices implemented under this Act in aiding law enforcement.

Date: 2011-11-14
Topic: Domestic Commerce (Corporate Management)
Subject: Commerce
Health Insurance Industry Antitrust Enforcement Act of 2012 - Prohibits the McCarran-Ferguson Act from being construed to permit issuers of health or medical malpractice insurance to engage in any form of price fixing, bid rigging, or market allocations in connection with the conduct of the business of providing health insurance coverage or coverage of medical malpractice claims or actions. Amends such Act to provide that nothing in it shall modify, impair, or supersede the operation of any of the antitrust laws with respect to the business of health insurance. Applies prohibitions against using unfair methods of competition to the business of health insurance without regard to whether such business is carried on for profit.

Date: 2012-05-18
Topic: Domestic Commerce (Corporate Management)
Subject: Health
Small Business Paperwork Mandate Elimination Act - Amends the Internal Revenue Code to repeal a provision (added by the Patient Protection and Affordable Care Act) that extends to corporations that are not tax-exempt the requirement to report payments of $600 or more. Rescinds $39 billion of appropriated but unobligated discretionary funds. Exempts unobligated funds of the Department of Defense (DOD) or the Department of Veterans Affairs (VA).  Requires the Director of the Office of Management and Budget (OMB) to determine and identify from which appropriation accounts such rescissions shall apply and report to the Secretary of the Treasury and Congress on such rescissions.

Date: 2011-01-25
Topic: Domestic Commerce (Corporate Management)
Subject: Taxation
Small Business Paperwork Mandate Elimination Act of 2011 - Amends the Internal Revenue Code to repeal a provision (added by the Patient Protection and Affordable Care Act) that extends to corporations that are not tax-exempt the requirement to report payments of $600 or more.

Date: 2011-01-25
Topic: Domestic Commerce (Corporate Management)
Subject: Taxation
Discount Pricing Consumer Protection Act - Amends the Sherman Act to declare that any contract, combination, conspiracy, or agreement setting a minimum price below which a product or service cannot be sold by a retailer, wholesaler, or distributor violates the Act.

Date: 2011-01-25
Topic: Domestic Commerce (Corporate Management)
Subject: Commerce
Ending Excessive Corporate Deductions for Stock Options Act - Amends the Internal Revenue Code to: (1) limit the employer tax deduction for stock options granted to its employees to the value of such options as recorded on the employer's books at the time such options are granted; and (2) apply the $1 million limitation on the employer tax deduction for employee remuneration to stock option compensation.

Date: 2011-07-14
Topic: Domestic Commerce (Corporate Management)
Subject: Taxation
Criminal Antitrust Anti-Retaliation Act - Prohibits discharging or in any other manner discriminating against a whistleblower in terms and conditions of employment because: (1) the whistleblower provided information to the employer or the federal government concerning a violation of antitrust law or another criminal law committed in conjunction with a potential violation of antitrust law; or (2) the whistleblower participated in, or otherwise assisted, an investigation relating to such a violation. Allows a whistleblower who alleges discharge or other discrimination to seek relief: (1) by filing a complaint with the Secretary of Labor; or (2) if the Secretary has not issued a final decision within 180 days of filing such complaint, to bring an action at law or equity. Entitles a whistleblower who prevails in any such action to all relief necessary to make such whistleblower whole.

Date: 2012-07-31
Topic: Domestic Commerce (Corporate Management)
Subject: Commerce
Extends for one year the limited antitrust exemption under the Pandemic and All-Hazards Preparedness Act for participating in meetings and consultations to discuss security countermeasures, qualified countermeasures, or qualified pandemic or epidemic product development.

Date: 2012-12-30
Topic: Domestic Commerce (Corporate Management)
Subject: Health
Health Insurance Industry Antitrust Enforcement Act of 2013 - Prohibits the McCarran-Ferguson Act from being construed to permit health insurance issuers or issuers of medical malpractice insurance to engage in any form of price fixing, bid rigging, or market allocations in connection with the conduct of the business of providing health insurance coverage or coverage of medical malpractice claims or actions.

Amends such Act to provide that nothing in it shall modify, impair, or supersede the operation of any of the antitrust laws with respect to the business of health insurance.

Applies prohibitions against using unfair methods of competition to the business of health insurance without regard to whether such business is carried on for profit.

Date: 2013-01-03
Topic: Domestic Commerce (Corporate Management)
Subject: Health
Competitive Health Insurance Act - Amends the McCarran-Ferguson Act to provide that nothing in that Act shall modify, impair, or supersede the operation of any of the antitrust laws with respect to the business of health insurance.

Applies prohibitions against using unfair methods of competition to the business of health insurance without regard to whether such business is carried on for profit.

Date: 2013-01-22
Topic: Domestic Commerce (Corporate Management)
Subject: Health
Corporate Tax Fairness Act - Amends the Internal Revenue Code, with respect to the taxation of the foreign-source income of domestic corporations, to: (1) eliminate the deferral of tax on the foreign-source income of U.S. corporations for taxable years beginning after December 31, 2013, (2) deny the foreign tax credit to large integrated oil companies that are dual capacity taxpayers, (3) limit the offset of the foreign tax credit to income that is subject to U.S. tax, and (4) treat foreign corporations managed and controlled in the United States as domestic corporations for U.S. tax purposes.

Date: 2013-02-14
Topic: Domestic Commerce (Corporate Management)
Subject: Taxation
Health Insurance Industry Fair Competition Act - Amends the McCarran-Ferguson Act to provide that nothing in that Act shall modify, impair, or supersede the operation of any of the antitrust laws with respect to the business of health insurance.

Applies prohibitions against using unfair methods of competition to the business of health insurance without regard to whether such business is carried on for profit.

Date: 2013-02-15
Topic: Domestic Commerce (Corporate Management)
Subject: Health
S Corporation Modernization Act of 2013 - Amends the Internal Revenue Code to revise the tax treatment of S corporations by: (1) permanently reducing from 10 to 5 years the period during which S corporation built-in gains are subject to tax; (2) repealing mandatory termination of S corporation elections for excessive passive investment income; (3) allowing S corporations to increase passive investment income from 25 to 60% without incurring additional tax; (4) allowing nonresident aliens to be potential current beneficiaries of an electing small business trust (ESBT); (5) allowing individual retirement accounts (IRAs) to be S corporation shareholders; (6) allowing ESBTs to claim expanded charitable tax deductions; and (7) making permanent the rule requiring a basis adjustment to stock of an S corporation making charitable contributions of property.

Date: 2013-02-28
Topic: Domestic Commerce (Corporate Management)
Subject: Taxation
Tax Return Due Date Simplification and Modernization Act of 2013 - Amends the Internal Revenue Code to change tax return due dates for partnerships (from April 15 to March 15, with a six-month extension), S corporations (from March 15 to March 31), and C corporations (from March 15 to April 15).

Requires the Secretary of the Treasury, for taxable years beginning after December 31, 2013, to modify by regulation the due dates for extensions of tax returns for partnerships, trusts and estates, employee benefit plans, tax-exempt organizations, and certain trust funds. Sets a due date of April 15 for the annual information return of a foreign trust with a U.S. owner and for the report of foreign bank and financial accounts (with extensions until October 15).

Extends the automatic extension for corporation income tax returns from three to six months.

Date: 2013-02-28
Topic: Domestic Commerce (Corporate Management)
Subject: Taxation
Competitive Health Insurance Reform Act of 2013 - Amends the McCarran-Ferguson Act to declare that nothing in that Act shall modify, impair, or supersede the operation of any of the antitrust laws with respect to the business of health insurance, including the business of dental insurance.

Specifically excludes from the business of health (and dental) insurance covered by this Act the business of life insurance (including annuities) or of property or casualty insurance, including but not limited to: (1) accident only, or disability income insurance only, or any combination of them; (2) liability insurance, including supplemental insurance, general liability insurance, and automobile liability insurance; (3) workers' compensation or similar insurance; (4) automobile medical payment insurance; (5) credit-only insurance; (6) insurance coverage for on-site medical clinics; (7) other similar insurance coverage, specified in regulations, under which benefits for medical care are secondary or incidental to other insurance benefits; (8) insurance for long-term care, nursing home care, home health care, community-based care, or any combination of them; (9) insurance coverage only for a specified disease or illness offered as independent, noncoordinated benefits; and (10) hospital indemnity or other fixed indemnity insurance offered as independent, noncoordinated benefits.

Applies prohibitions against using unfair methods of competition to the business of health insurance without regard to whether such business is carried on for profit.

Date: 2013-02-28
Topic: Domestic Commerce (Corporate Management)
Subject: Health
Fairness in International Taxation Act - Amends the Internal Revenue Code to prohibit a reduction under any treaty of the United States of tax withholding for a tax deductible payment made between persons who are members of the same foreign controlled group of entities unless there would be a similar reduction for payments made directly to the foreign parent corporation of such entities.

Date: 2013-04-15
Topic: Domestic Commerce (Corporate Management)
Subject: Taxation
New Fair Deal Consolidating and Eliminating Outdated Subsidies Act of 2013 or New Fair Deal CEO's Act of 2013 - Amends the Federal Agriculture Improvement and Reform Act of 1996 to repeal the sugar price support and production adjustment programs, and terminate sugar marketing quotas and allotments.

Eliminates tariffs on: (1) raw sugar cane, (2) beet sugar, and (3) certain refined sugar.

Repeals the Fish and Seafood Promotion Act of 1986.

Amends federal shipping law to terminate the authority of the Secretary of Commerce or the Administrator of the Maritime Administration to guarantee the payment of principal and interest on direct loans for fisheries.

Repeals: (1) the high-speed rail corridor development program, (2) the authority of the Secretary of Transportation (DOT) (Secretary) under the Railroad Revitalization and Regulatory Reform Act of 1976 to provide direct loans and loan guarantees for railroad rehabilitation and improvement projects, and (3) the Secretary's authority to carry out railroad safety research and development programs.

Repeals the Maritime Guaranteed Loan Program.

Repeals the Secretary's authority to reimburse (subsidize) the Secretary of Agriculture and the Commodity Credit Corporation (CCC) for increased ocean freight and ocean freight differential transportation charges incurred in the export of agricultural commodities and their products.

Terminates: (1) the Appalachian Regional Commission, and (2) the Economic Development Administration (EDA) of the Department of Commerce.

Repeals the Public Works and Economic Development Act of 1965.

Requires the President to take necessary action to conclude the outstanding affairs of each program and activity terminated by this Act.

Date: 2013-04-15
Topic: Domestic Commerce (Corporate Management)
Subject: Agriculture and food
Investor Choice Act of 2013 - Amends the Securities Exchange Act of 1934 and the Investment Advisers Act of 1940 to revise the authority of the Securities and Exchange Commission (SEC) to prohibit, or impose conditions or limitations on the use of, agreements that require customers or clients of any broker, dealer, or municipal securities dealer to arbitrate any future dispute between them arising under the federal securities laws, related rules and regulations, or the rules of a self-regulatory organization if it finds that prohibition, imposition of conditions, or limitations are in the public interest and for the protection of investors.

Declares unlawful for a broker, dealer, funding portal, or municipal securities dealer (entities) to enter into, modify, or extend an agreement with customers or clients governing a future dispute between the parties that would mandate arbitration.

Declares likewise unlawful acts by such entities that would restrict, limit, or condition the ability of a customer or client to: (1) select or designate a forum for dispute resolution, or (2) pursue a claim relating to a dispute in an individual or representative capacity or on a class action or consolidated basis.

Date: 2013-08-02
Topic: Domestic Commerce (Corporate Management)
Subject: Finance and financial sector
Quality Health Care Coalition Act of 2014 - Exempts health care professionals, including individuals and entities, from federal and state antitrust laws in connection with negotiations with a health plan regarding contract terms under which the professionals provide health care items or services for which plan benefits are provided.

Declares that this Act: (1) applies only to health care professionals excluded from the National Labor Relations Act; and (2) does not apply to such negotiations relating to Medicare or Medicaid programs, the Children's Health Insurance Program (CHIP, formerly known as SCHIP), medical and dental care for members of the uniformed services, veterans' medical care, the federal employees health benefits program, or the Indian Health Care Improvement Act.

Date: 2014-02-25
Topic: Domestic Commerce (Corporate Management)
Subject: Health
S Corporation Permanent Tax Relief Act of 2014 - Amends the Internal Revenue Code, with respect to the taxation of S corporations, to make permanent: (1) the reduction of the period (10 to 5 years) during which the built-in gains of such corporations are subject to tax, and (2) the rule requiring an adjustment to the basis of an shareholder's stock in an S corporation that makes tax deductible contributions of appreciated property. 

Prohibits the entry of the budgetary effects of this Act on any PAYGO (Pay As You Go) scorecard.

Date: 2014-04-10
Topic: Domestic Commerce (Corporate Management)
Subject: Taxation
Permanent S Corporation Charitable Contributions Act of 2014 - Amends the Internal Revenue Code to make permanent the tax rule requiring an adjustment to the basis of a shareholder's stock in an S corporation that makes tax deductible charitable contributions of appreciated property in taxable years beginning after 2013.

Date: 2014-04-10
Topic: Domestic Commerce (Corporate Management)
Subject: Taxation
Stop Corporate Inversions Act of 2014 - Amends the Internal Revenue Code to revise rules for the taxation of inverted corporations (i.e., U.S. corporations that acquire foreign companies to reincorporate in a foreign jurisdiction with income tax rates lower than the United States) to provide that a foreign corporation that acquires the properties of a U.S. corporation or partnership after May 8, 2014, shall be treated as an inverted corporation and thus subject to U.S. taxation if, after such acquisition: (1) it holds more than 50% of the stock of the new entity (expanded affiliated group), or (2) the management or control of the new entity occurs primarily within the United States and the new entity has significant domestic business activities.

 

Date: 2014-05-20
Topic: Domestic Commerce (Corporate Management)
Subject: Taxation
Medical Bankruptcy Fairness Act of 2014 - Amends federal bankruptcy law to cite circumstances under which a medically distressed debtor may elect to exempt from the property of the estate in bankruptcy up to $250,000 of the debtor's aggregate interest in: (1) specified real or personal property that the debtor (or debtor's dependent) uses as a residence, (2) a cooperative that owns the property used as a residence by the debtor or a dependent of the debtor, or (3) a burial plot for the debtor or debtor's dependent.

Applies the same election to certain other property of a medically distressed debtor, including certain retirement funds held in a tax-exempt account.

Declares inapplicable to a medically distressed debtor: (1) certain presumptions that granting relief under Chapter 7 would constitute abuse of Chapter 7, and (2) mandatory court disapproval of a debtor's plan under chapter 13 upon objection by the trustee or the holder of an allowed unsecured claim.

Waives the credit counseling prerequisite for filing for debt relief in the case of a medically distressed debtor.

Permits a medically distressed debtor to discharge in bankruptcy debts for certain educational loans. Requires a debtor who seeks relief as a medically distressed debtor to attest in writing, and under penalty of perjury, that debtor's medical expenses are genuine, and are not specifically incurred to bring the debtor within the meaning of "medically distressed debtor."

Date: 2014-06-19
Topic: Domestic Commerce (Corporate Management)
Subject: Finance and financial sector
Stop Corporate Expatriation and Invest in America's Infrastructure Act of 2014 - Amends the Internal Revenue Code to revise rules for the taxation of inverted corporations (i.e., U.S. corporations that acquire foreign companies to reincorporate in a foreign jurisdiction with income tax rates lower than the United States) to provide that a foreign corporation that acquires the properties of a U.S. corporation or partnership after May 8, 2014, shall be treated as an inverted corporation and thus subject to U.S. taxation if, after such acquisition: (1) it holds more than 50% of the stock of the new entity (expanded affiliated group), or (2) the management or control of the new entity occurs primarily within the United States and the new entity has significant domestic business activities.

Authorizes additional appropriations to the Highway Account and Mass Transit Account in the Highway Trust Fund.

Date: 2014-06-26
Topic: Domestic Commerce (Corporate Management)
Subject: Taxation
Preventing Termination of Utility Services in Bankruptcy Act of 2014 - Amends federal bankruptcy law, with respect to the prohibition against disruption of utility services to a debtor, to declare that an individual debtor may not be required to furnish assurance of payment if he or she pays, within 20 days after the date of the order for relief, those debts owed to a utility for service during that period, and afterward also pays when due debts owed for service during the pendency of the case in bankruptcy.

Date: 2014-07-17
Topic: Domestic Commerce (Corporate Management)
Subject: Finance and financial sector
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Standard Merger and Acquisition Reviews Through Equal Rules Act of 2014 - Amends the Clayton Act with respect to actions brought by the Attorney General for violations of antitrust laws. Requires the Federal Trade Commission (FTC), but only under the Clayton Act, to exercise the same authority and procedures of the Attorney General specified in the Act with respect to the prohibition against acquisition by one corporation of the stock of another (merger) that may substantially lessen competition or tend to create a monopoly.

Amends the Federal Trade Commission Act (FTCA) to exclude proposed mergers, acquisitions, joint ventures, or similar transactions from FTC proceedings.

Grants jurisdiction to the U.S. district courts to issue writs of mandamus commanding compliance with the FTCA or any FTC order, if the FTC applies to such courts with respect to any activity related to consummation of a merger, acquisition, joint venture, or similar transaction that results in an unfair method of competition.

Date: 2014-09-08
Topic: Domestic Commerce (Corporate Management)
Subject: Commerce