Top Legislation - View All

Latest Action: 01/05/2007 - Sponsor introductory remarks on measure. (CR E33)

Bill Text
To amend the Internal Revenue Code of 1986 to encourage businesses to improve math and science education at elementary and secondary schools.

1/4/2007--Introduced.

National Science Education Tax Incentive for Businesses Act of 2007 - Amends the Internal Revenue Code to allow a general business tax credit for contributions of property or services to elementary and secondary schools and for teacher training to promote instruction in science, technology, engineering, or mathematics (STEM contributions).

Latest Action: 03/09/2007 - Sponsor introductory remarks on measure. (CR S2970-2971)

Bill Text
A bill to make the United States competitive in a global economy. 3/9/2007--Introduced. Competitiveness through Education, Technology, and Enterprise Act of 2007 or the COMPETE Act of 2007 - Amends the Internal Revenue Code to provide tax incentives for research and education by: (1) making permanent the credit for increasing research activities; (2) providing a credit for information and communications technology education; and (3) setting an alternative percentage limitation for corporate charitable contributions to the mathematics and science partnership program. Directs the Administrator of the Small Business Administration to establish an SBIR-STEM Workforce Development Grant Pilot program awarding bonus grants to grantees under the Small Business Innovation Research program to provide workforce development opportunities to college students in the science, technology, engineering, and mathematics fields. Expresses the sense of the Senate that the maximum [...]

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Latest Action: 03/19/2007 - Sponsor introductory remarks on measure. (CR S3275)

Bill Text
A bill to amend the Internal Revenue Code of 1986 to expand the incentives for the construction and renovation of public schools. 3/19/2007--Introduced. America's Better Classroom Act of 2007 - Amends the Internal Revenue Code to allow a tax credit for investment in qualified public school modernization bonds, defined to include: (1) bonds for the construction, rehabilitation, or repair of a public school facility or for the acquisition of land for such facility (qualified school construction bonds); (2) bonds to finance certain academic programs below the postsecondary level in empowerment zones or enterprise communities (qualified zone academy bonds); and (3) bonds for the construction, rehabilitation, or repair of certain Indian tribal schools (qualified tribal school modernization bonds). Establishes a national limitation on the issuance of such bonds and provides for the allocation of bond amounts among the states according to a specified formula. Limits the term of such [...]

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Latest Action: 04/11/2007 - Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.

Bill Text
To amend the Securities and Exchange Act of 1934 to require improved disclosure of corporate charitable contributions, and for other purposes.

2/27/2007--Introduced.

Corporate Charitable Disclosure Act of 2007 - Amends the Securities and Exchange Act of 1934 to require disclosure of: (1) corporate charitable contributions whose value exceeds what the issuer made during the previous year to any nonprofit organization of which a director, officer, or controlling person of the issuer (or a spouse) was a director or trustee (insider affiliated charity); (2) the name of such nonprofit organization and the value of the contribution; (3) the total value of contributions made by the issuer to nonprofit organizations during its previous fiscal year; and (4) the organization name and the value of contributions if the value to any one organization exceeds the amount designated by Securities and Exchange Commission rule.

Latest Action: 05/24/2007 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Bill Text
To reform the regulation of certain housing-related Government-sponsored enterprises, and for other purposes. 5/22/2007--Passed House amended.    (There are 2 other summaries) Federal Housing Finance Reform Act of 2007 - Title I: Reform of Regulation of Enterprises and Federal Home Loan Banks - Subtitle A: Improvement of Safety and Soundness - (Sec. 101) Amends the Housing and Community Development Act of 1992 (Act) to establish, in place of the present Office of Federal Housing Enterprise Oversight, a Federal Housing Finance Agency (FHFA), headed by a Director (Director) possessing general supervisory and regulatory authority over the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), and the federal home loan banks ("the regulated entities"). (Sec. 102) Requires the Director to establish standards for each regulated entity, especially standards relating to: (1) [...]

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Latest Action: 05/24/2007 - Sponsor introductory remarks on measure. (CR S6857)

Bill Text
A bill to create a new incentive fund that will encourage States to adopt the 21st Century Skills Framework. 5/24/2007--Introduced. 21st Century Skills Incentive Fund Act - Authorizes the Secretary of Education to award matching grants to states to establish statewide 21st Century Skills initiatives. Conditions grant eligibility on a state's: (1) developing a comprehensive plan for such initiative; (2) showing a commitment to advancing such skills within standards and assessments, curriculum, professional development, and the learning environment; (3) achieving broad support for the initiative among state education, business, and civic leaders; and (4) being approved as a 21st Century Partner state by the nonprofit, nonpartisan Partnership for 21st Century Skills. Directs the Secretary to establish a 21st Century Skills Incentive Fund from which grants shall be awarded. Amends the Internal Revenue Code to require that the percentage limitation on corporate [...]

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Latest Action: 04/16/2007 - Referred to the House Committee on Ways and Means.

Bill Text
To amend the Internal Revenue Code of 1986 to encourage new school construction through the creation of a new class of bond.

4/16/2007--Introduced.

Expand and Rebuild America's Schools Act of 2007 - Amends the Internal Revenue Code to allow a nonrefundable tax credit to holders of school construction bonds. Sets forth requirements for issues of school construction bonds, including that: (1) 95% of the proceeds of such bonds must be used to construct new elementary and secondary school facilities and provide equipment for such schools; (2) local education agencies must require private business contributions of not less than 10% of the proceeds of an issue; and (3) bonds must be used for schools which meet specified criteria relating to curriculum, the alleviation of classroom overcrowding, and student-teacher ratios. Provides for a national school construction bond limitation of $400 million in 2008 and 2009.

Latest Action: 05/06/2008 - Considered as unfinished business. (consideration: CR H3101-3102)

Bill Text
Honoring the recipients of the El Dorado Promise scholarship.

5/6/2008--Passed House amended.    (There is 1 other summary)

Congratulates the recipients of the El Dorado Promise scholarship for choosing to further their education.

Acknowledges the importance of the El Dorado Promise scholarship program in revitalizing southern Arkansas.

Recognizes the organizations and corporation (Murphy Oil Corporation) involved in the program for their efforts to ensure that all eligible high school graduates of the El Dorado Public School District in El Dorado, Arkansas, are able to attend college.

Latest Action: 05/01/2008 - Received in the Senate, considered, and agreed to without amendment and with a preamble by Unanimous Consent. (consideration: CR S3729; text of measure as passed Senate: CR S3729; text of measure as introduced: CR S3720)

Bill Text
A resolution honoring the recipients of the El Dorado Promise scholarship.

5/1/2008--Passed Senate without amendment.    (There is 1 other summary)

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Congratulates the recipients of the El Dorado Promise scholarship for choosing to further their education.

Recognizes April 30, 2008, as the second Academic Signing Day for graduating El Dorado High School students receiving El Dorado Promise and other academic scholarships.

Acknowledges the importance of the El Dorado Promise scholarship program in revitalizing southern Arkansas.

Recognizes Murphy Oil Corporation for creating and funding the scholarship which enables all eligible high school graduates of the El Dorado Public School District in El Dorado, Arkansas, to attend college.

Latest Action: 10/29/2007 - Referred to the House Committee on Ways and Means.

Bill Text
To amend the Internal Revenue Code of 1986 to make permanent certain tax benefits relating to elementary and secondary schools.

10/29/2007--Introduced.

Classroom Readiness Tax Relief Act of 2007 - Amends the Internal Revenue Code to make permanent the tax deductions for: (1) certain expenses of elementary and secondary school teachers; and (2) corporate contributions of computer technology and equipment for educational purposes.

Latest Legislation - View All

Latest Action: 06/24/2008 - Sponsor introductory remarks on measure. (CR S6022)

Bill Text
A bill to make grants to States to implement statewide portal initiatives, and for other purposes. 6/24/2008--Introduced. Empowering Teaching and Learning Through Education Portals Act - Authorizes the Secretary of Education to award matching grants to states to implement or maintain education portal initiatives that include collecting and making available: (1) high quality resources (including data, tools, and digital media content) for teachers, students, and parents, that support public education from Head Start through graduate school; and (2) resources for ongoing and sustainable teacher training in the use of education technology at such educational levels. Allows teachers, students, and parents to contribute resources to their state portal, which is to be accessible statewide. Permits states to use funds available to them under part A (Teacher and Principal Training and Recruiting Fund) of title II of the Elementary and Secondary Education Act of 1965 to maintain [...]

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Latest Action: 05/01/2008 - Received in the Senate, considered, and agreed to without amendment and with a preamble by Unanimous Consent. (consideration: CR S3729; text of measure as passed Senate: CR S3729; text of measure as introduced: CR S3720)

Bill Text
A resolution honoring the recipients of the El Dorado Promise scholarship.

5/1/2008--Passed Senate without amendment.    (There is 1 other summary)

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Congratulates the recipients of the El Dorado Promise scholarship for choosing to further their education.

Recognizes April 30, 2008, as the second Academic Signing Day for graduating El Dorado High School students receiving El Dorado Promise and other academic scholarships.

Acknowledges the importance of the El Dorado Promise scholarship program in revitalizing southern Arkansas.

Recognizes Murphy Oil Corporation for creating and funding the scholarship which enables all eligible high school graduates of the El Dorado Public School District in El Dorado, Arkansas, to attend college.

Latest Action: 05/06/2008 - Considered as unfinished business. (consideration: CR H3101-3102)

Bill Text
Honoring the recipients of the El Dorado Promise scholarship.

5/6/2008--Passed House amended.    (There is 1 other summary)

Congratulates the recipients of the El Dorado Promise scholarship for choosing to further their education.

Acknowledges the importance of the El Dorado Promise scholarship program in revitalizing southern Arkansas.

Recognizes the organizations and corporation (Murphy Oil Corporation) involved in the program for their efforts to ensure that all eligible high school graduates of the El Dorado Public School District in El Dorado, Arkansas, are able to attend college.

Latest Action: 10/29/2007 - Referred to the House Committee on Ways and Means.

Bill Text
To amend the Internal Revenue Code of 1986 to make permanent certain tax benefits relating to elementary and secondary schools.

10/29/2007--Introduced.

Classroom Readiness Tax Relief Act of 2007 - Amends the Internal Revenue Code to make permanent the tax deductions for: (1) certain expenses of elementary and secondary school teachers; and (2) corporate contributions of computer technology and equipment for educational purposes.

Latest Action: 05/24/2007 - Sponsor introductory remarks on measure. (CR S6857)

Bill Text
A bill to create a new incentive fund that will encourage States to adopt the 21st Century Skills Framework. 5/24/2007--Introduced. 21st Century Skills Incentive Fund Act - Authorizes the Secretary of Education to award matching grants to states to establish statewide 21st Century Skills initiatives. Conditions grant eligibility on a state's: (1) developing a comprehensive plan for such initiative; (2) showing a commitment to advancing such skills within standards and assessments, curriculum, professional development, and the learning environment; (3) achieving broad support for the initiative among state education, business, and civic leaders; and (4) being approved as a 21st Century Partner state by the nonprofit, nonpartisan Partnership for 21st Century Skills. Directs the Secretary to establish a 21st Century Skills Incentive Fund from which grants shall be awarded. Amends the Internal Revenue Code to require that the percentage limitation on corporate [...]

show full description
Latest Action: 04/16/2007 - Referred to the House Committee on Ways and Means.

Bill Text
To amend the Internal Revenue Code of 1986 to encourage new school construction through the creation of a new class of bond.

4/16/2007--Introduced.

Expand and Rebuild America's Schools Act of 2007 - Amends the Internal Revenue Code to allow a nonrefundable tax credit to holders of school construction bonds. Sets forth requirements for issues of school construction bonds, including that: (1) 95% of the proceeds of such bonds must be used to construct new elementary and secondary school facilities and provide equipment for such schools; (2) local education agencies must require private business contributions of not less than 10% of the proceeds of an issue; and (3) bonds must be used for schools which meet specified criteria relating to curriculum, the alleviation of classroom overcrowding, and student-teacher ratios. Provides for a national school construction bond limitation of $400 million in 2008 and 2009.

Latest Action: 03/19/2007 - Sponsor introductory remarks on measure. (CR S3275)

Bill Text
A bill to amend the Internal Revenue Code of 1986 to expand the incentives for the construction and renovation of public schools. 3/19/2007--Introduced. America's Better Classroom Act of 2007 - Amends the Internal Revenue Code to allow a tax credit for investment in qualified public school modernization bonds, defined to include: (1) bonds for the construction, rehabilitation, or repair of a public school facility or for the acquisition of land for such facility (qualified school construction bonds); (2) bonds to finance certain academic programs below the postsecondary level in empowerment zones or enterprise communities (qualified zone academy bonds); and (3) bonds for the construction, rehabilitation, or repair of certain Indian tribal schools (qualified tribal school modernization bonds). Establishes a national limitation on the issuance of such bonds and provides for the allocation of bond amounts among the states according to a specified formula. Limits the term of such [...]

show full description
Latest Action: 03/09/2007 - Sponsor introductory remarks on measure. (CR S2970-2971)

Bill Text
A bill to make the United States competitive in a global economy. 3/9/2007--Introduced. Competitiveness through Education, Technology, and Enterprise Act of 2007 or the COMPETE Act of 2007 - Amends the Internal Revenue Code to provide tax incentives for research and education by: (1) making permanent the credit for increasing research activities; (2) providing a credit for information and communications technology education; and (3) setting an alternative percentage limitation for corporate charitable contributions to the mathematics and science partnership program. Directs the Administrator of the Small Business Administration to establish an SBIR-STEM Workforce Development Grant Pilot program awarding bonus grants to grantees under the Small Business Innovation Research program to provide workforce development opportunities to college students in the science, technology, engineering, and mathematics fields. Expresses the sense of the Senate that the maximum [...]

show full description
Latest Action: 05/24/2007 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Bill Text
To reform the regulation of certain housing-related Government-sponsored enterprises, and for other purposes. 5/22/2007--Passed House amended.    (There are 2 other summaries) Federal Housing Finance Reform Act of 2007 - Title I: Reform of Regulation of Enterprises and Federal Home Loan Banks - Subtitle A: Improvement of Safety and Soundness - (Sec. 101) Amends the Housing and Community Development Act of 1992 (Act) to establish, in place of the present Office of Federal Housing Enterprise Oversight, a Federal Housing Finance Agency (FHFA), headed by a Director (Director) possessing general supervisory and regulatory authority over the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), and the federal home loan banks ("the regulated entities"). (Sec. 102) Requires the Director to establish standards for each regulated entity, especially standards relating to: (1) [...]

show full description
Latest Action: 04/11/2007 - Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.

Bill Text
To amend the Securities and Exchange Act of 1934 to require improved disclosure of corporate charitable contributions, and for other purposes.

2/27/2007--Introduced.

Corporate Charitable Disclosure Act of 2007 - Amends the Securities and Exchange Act of 1934 to require disclosure of: (1) corporate charitable contributions whose value exceeds what the issuer made during the previous year to any nonprofit organization of which a director, officer, or controlling person of the issuer (or a spouse) was a director or trustee (insider affiliated charity); (2) the name of such nonprofit organization and the value of the contribution; (3) the total value of contributions made by the issuer to nonprofit organizations during its previous fiscal year; and (4) the organization name and the value of contributions if the value to any one organization exceeds the amount designated by Securities and Exchange Commission rule.