S.345 - Federal Government - A bill to establish a Homeland Security and Neighborhood Safety Trust Fund and refocus Federal priorities toward securing the Homeland, and for other purposes.

A bill to establish a Homeland Security and Neighborhood Safety Trust Fund and refocus Federal priorities toward securing the Homeland, and for other purposes. 1/22/2007--Introduced. Homeland Security Trust Fund Act of 2007 - Establishes in the Treasury the Homeland Security and Neighborhood Safety Trust Fund. Expresses the sense of the Senate that the Senate Finance Committee should report legislation that: (1) increases revenues by $53.3 billion during taxable years 2007-2011 by reducing scheduled income tax reductions for taxpayers with taxable incomes exceeding $1 million; and (2) appropriates such revenues to the Fund. Authorizes appropriations from the Fund for: (1) the Office of Community Oriented Policing Services for grants to state, local, and tribal law enforcement and to enhance state and local government interoperable communications efforts; (2) the Justice Assistance Grant; and (3) the Office of Domestic Preparedness for Fire Act grants and SAFER grants.[...]

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