| Also tagged in: Armed forces, Armed forces reserves, Budgets, Business, Business cycles, Cabinet officers, Commemorations, Congressional tributes, Disabled, Economic policy, Energy, Energy efficiency, Energy prices, Energy security, Entrepreneurs, Executive departments Latest Action: 04/28/2008 - Senate Committee on Small Business and Entrepreneurship discharged by Unanimous Consent.
Bill Text
A resolution honoring the entrepreneurial spirit of the owners of small business concerns in the United States during National Small Business Week, beginning April 21, 2008.
| | Also tagged in: Administrative remedies, Aged, Alaska, Armed forces, Authorization, Black colleges, Budgets, Business, Child health, Children, Citizenship education, Colleges, Communications, Community and school, Community development, Compensatory education Latest Action: 03/12/2008 - Considered as unfinished business. (consideration: CR H1560-1561)
Bill TextTo reauthorize and reform the national service laws. 3/10/2008--Introduced. Generations Invigorating Volunteerism and Education Act, or the GIVE Act - Amends the National and Community Service Act of 1990 (NSCA) and the Domestic Volunteer Service Act of 1973 (DVSA) to revise the programs under such Acts and reauthorize appropriations for such programs through FY2012. Revises under NSCA: (1) the School-Based and Community-Based Service-Learning programs and Higher Education Innovative Programs for Community Service (Learn and Serve programs); (2) National Service Trust programs (AmeriCorps); (3) the National Civilian Community Corps (NCCC); and (4) the Investment for Quality and Innovation program. Eliminates the current Community-Based Learn and Serve programs. Establishes a new Learn and Serve program, Innovative Service-Learning Programs and Research, providing matching grants to: (1) provide community service-learning opportunities to elementary and [...] show full description | | Also tagged in: Armed forces, Business, Business education, Congress, Congressional investigations, Defense economics, Disabled, Economic policy, Employee training, Executive departments, Federal employees, Government contractors, Government employees, Government information, Government paperwork, Government procurement Latest Action: 11/07/2007 - Committee on Small Business and Entrepreneurship. Ordered to be reported with an amendment in the nature of a substitute favorably.
Bill TextA bill to improve the Small Business Act, and for other purposes. 11/1/2007--Introduced. Small Business Contracting Revitalization Act of 2007 - Amends the Small Business Act to provide federal review and oversight of the practice of contract bundling (the consolidation of two or more procurement contracts into a solicitation for a single prime contract that is unlikely, because of its size or complexity, to be suitable for award to a small business). Revises or adds federal provisions or requirements concerning: (1) increased small business participation in federal procurement subcontracts, including a pilot program to provide contractual incentives to prime contractors that exceed their small business subcontracting goals; (2) Small Business Administration (SBA) certification of small businesses owned and controlled by service-disabled veterans, women, and socially and economically disadvantaged individuals; (3) historically underutilized business zones (HUBZones) [...] show full description | | Also tagged in: Brownfields, Business, Capital gains tax, Corporation taxes, Depreciation and amortization, Economic policy, Employment, Enterprise zones, Environmental protection, Finance, Food, Government contractors, Hazardous substances, Hazardous waste sites, Income tax, Labor Latest Action: 10/18/2007 - Referred to the House Committee on Ways and Means.
Bill TextTo amend the Internal Revenue Code of 1986 to provide tax relief for small businesses. 10/18/2007--Introduced. Small Business Tax Relief Act of 2007 - Amends the Internal Revenue Code to: (1) make permanent the work opportunity tax credit, the new markets tax credit, and the tax credit for increasing research activities; (2) make permanent accelerated depreciation of qualified leasehold improvement and restaurant property and expensing of environmental remediation expenditures; (3) increase the partial tax exclusion of gain from sales of certain small business stock for noncorporate business taxpayers and businesses in an empowerment zone; (4) permit certain small businesses to elect taxable years ending between April and November; (5) increase the allowable number of S corporation shareholders from 100 to 150; and (6) exempt certain small businesses from the 3% withholding requirement applicable to payments made to such businesses by government entities. | | Also tagged in: Authorization, Budgets, Business, Business education, Disaster loans, Emergency management, Entrepreneurs, Executive departments, Executives, Federal advisory bodies, Federally-guaranteed loans, Finance, Government contractors, Government lending, Government procurement, Labor Latest Action: 01/22/2008 - Read twice and referred to the Committee on Small Business and Entrepreneurship.
Bill TextTo reauthorize certain programs under the Small Business Act for each of fiscal years 2008 and 2009. 11/6/2007--Passed House amended. (There is 1 other summary) Small Business Programs Act of 2007 - Amends the Small Business Act (the Act) to reauthorize for FY2008-FY2009 certain small business assistance programs of the Small Business Administration (SBA) authorized under the Act and the Small Business Investment Act of 1958, including: (1) a disaster mitigation pilot program; (2) general and start-up small business loans; (3) certified development company (CDC) financing; (4) disaster loans; (5) the Service Corps of Retired Executives (SCORE); and (6) grants to microloan program intermediaries and technical assistance providers. Reauthorizes for such fiscal years: (1) the businessLINC grants program; (2) the small business development center (SBDC) program; (3) the women's business center program; (4) the HUBZone (heavily underutilized business [...] show full description | | Also tagged in: Administrative remedies, Airline passenger traffic, Budgets, Business, Business education, Competitive bidding, Congressional reporting requirements, Construction industries, Criminal justice, Criminal justice information, Disabled, Economic policy, Entrepreneurs, Ex-offenders, Executive departments, Executive orders Latest Action: 11/01/2007 - Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Bill TextTo update and expand the procurement programs of the Small Business Administration, and for other purposes. 10/30/2007--Passed House amended. (There is 1 other summary) Small Business Contracting Program Improvements Act - Title I: Ensuring Government Contract Opportunities for Small Business Concerns Owned and Controlled by Service-Disabled Veterans - (Sec. 101) Amends the Small Business Act to: (1) permit agencies to enter into contracts with a small business owned and controlled by a service-disabled veteran without first ensuring that there is only one company can perform a contract; and (2) allow contracting officers to decide whether or not to set aside contracts where at least two underutilized business zone (HUBZone) qualified companies could compete for the contract. (Sec. 102) Provides for the assessment of civil penalties against any company that misrepresents itself as a small business owned and controlled by service-disabled [...] show full description | | Also tagged in: Administrative procedure, Affiliated corporations, Air pollution, Air pollution control, Armed forces, Armed forces reserves, Authorization, Bonds, Budgets, Business, Capital, Congress, Congressional reporting requirements, Data banks, Defense policy, Electronic government information Latest Action: 09/28/2007 - Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Bill TextTo amend the Small Business Investment Act of 1958 to expand opportunities for investments in small businesses, and for other purposes. 9/27/2007--Passed House amended. (There are 2 other summaries) Small Business Investment Expansion Act of 2007 - Title I: Small Business Investment Company Program - (Sec. 101) Amends the Small Business Investment Act of 1958 to increase the maximum amounts of outstanding leverage made available by the Small Business Administration (SBA) to: (1) any one small business investment company (SBIC) which provides loans to small businesses; and (2) two or more SBICs that are commonly controlled. (Sec. 102) Increases the total amount of debentures and participating securities issued by an SBIC that may be guaranteed by the SBA in the case of an SBIC that certifies that not less than 50% of its aggregate investments will be made in small businesses that are either: (1) majority owned by socially or economically [...] show full description | | Also tagged in: Alabama, Arizona, Arkansas, Budgets, California, Community development, Economic policy, Florida, Georgia, Grants-in-aid, Great Plains, Illinois, Infrastructure, Infrastructure (Economics), Internal migration, Iowa Latest Action: 10/04/2007 - Rule H. Res. 704 passed House.
Bill TextTo amend title 40, United States Code, to provide a comprehensive regional approach to economic and infrastructure development in the most severely economically distressed regions in the Nation. 10/4/2007--Passed House amended. (There are 2 other summaries) Regional Economic and Infrastructure Development Act of 2007 - (Sec. 3) Establishes the Delta Regional Commission, the Northern Great Plains Regional Commission, the Southeast Crescent Regional Commission, the Southwest Border Regional Commission, and the Northern Border Regional Commission.Directs each Commission, for its region, to: (1) assess needs and assets; (2) develop comprehensive and coordinated economic infrastructure development strategies to establish and approve grants for economic development; (3) establish priorities in an economic and infrastructure development plan; (4) enhance capacity of and provide support for local development districts; (5) encourage private investment [...] show full description | | Also tagged in: Budgets, Child nutrition, Children, Economic policy, Education, Elementary and secondary education, Food, Food service, Governmental investigations, Grants-in-aid, Planning, Poor children, School lunch program, Welfare, Youth services Latest Action: 07/12/2007 - Referred to the House Committee on Education and Labor.
Bill TextTo amend the Richard B. Russell National School Lunch Act to improve the summer food service program for children. 7/12/2007--Introduced. Summer Food Service Program Improvement Act of 2007 - Amends the Richard B. Russell National School Lunch Act to revise requirements for the summer food service program for children. Provides for a redefinition of rural areas in which poor economic conditions exist. Revises requirements relating to payments to service institutions for operating expenses and administrative costs. Directs the Secretary of Agriculture to make competitive startup grants to ten states to assist eligible service institutions in initiating summer food service program sites. | | Also tagged in: Budgets, Child nutrition, Children, Economic policy, Education, Elementary and secondary education, Food, Food service, Grants-in-aid, Pennsylvania, Poor children, Rural affairs, School lunch program, Welfare, Youth services Latest Action: 07/10/2007 - Sponsor introductory remarks on measure. (CR S8946)
Bill TextA bill to amend the Richard B. Russell National School Lunch Act to make permanent the summer food service pilot project for rural areas of Pennsylvania and apply the program to rural areas of every State. 7/10/2007--Introduced. Summer Food Service Rural Expansion Act - Amends the Richard B. Russell National School Lunch Act with respect to the summer food service programs for children in service institutions (e.g., schools and summer camps).Revises the condition limiting eligibility to institutions conducting a regularly scheduled food service for children from areas in which poor economic conditions exist (i.e., where at least 50% of the children meet eligiblity requirements for certain free or reduced price school meals.)Eliminates the special 2005 and 2006 exemption from this requirement for rural areas in Pennsylvania which lowers the threshold eligibility to areas where at least 40% of the children meet eligiblity requirements for free or reduced price [...] show full description | | Also tagged in: Budgets, Child nutrition, Children, Economic policy, Education, Elementary and secondary education, Food, Food service, Grants-in-aid, Pennsylvania, Poor children, Rural affairs, School lunch program, Welfare, Youth services Latest Action: 09/11/2007 - Referred to the Subcommittee on Healthy Families and Communities.
Bill TextTo amend the Richard B. Russell National School Lunch Act to make permanent the summer food service pilot project for rural areas of Pennsylvania and apply it to rural areas of every State. 7/10/2007--Introduced. Summer Food Service Rural Expansion Act - Amends the Richard B. Russell National School Lunch Act with respect to the summer food service programs for children in service institutions (e.g., schools and summer camps).Revises the condition limiting eligibility to institutions conducting a regularly scheduled food service for children from areas in which poor economic conditions exist (i.e., where at least 50% of the children meet eligiblity requirements for certain free or reduced price school meals.)Eliminates the special 2005 and 2006 exemption from this requirement for rural areas in Pennsylvania which lowers the threshold eligibility to areas where at least 40% of the children meet eligiblity requirements for free or reduced price school meals.Applies [...] show full description | | Also tagged in: Access to airports, Administrative fees, Administrative procedure, Afghanistan, Age and employment, Aged, Air pollution, Air traffic control, Aircraft engines, Aircraft noise, Aircraft pilots, Airline employees, Airline passenger traffic, Airlines, Airports, Alaska Latest Action: 05/06/2008 - Considered by Senate. (consideration: CR S3761-3779)
Bill TextTo amend title 49, United States Code, to authorize appropriations for the Federal Aviation Administration for fiscal years 2008 through 2011, to improve aviation safety and capacity, to provide stable funding for the national aviation system, and for other purposes. 9/20/2007--Passed House amended. (There is 1 other summary) FAA Reauthorization Act of 2007 - Title I: Authorizations - Subtitle A: Funding of FAA Programs - (Sec. 101) Reauthorizes appropriations for FY2008-FY2011 for: (1) airport planning and development and noise compatibility planning programs; (2) air navigation facilities and equipment; (3) Federal Aviation Administration (FAA) operations; and (4) FAA research, engineering, and development. Authorizes additional authorizations of appropriations from the general fund of the Treasury for aviation programs through FY2011. Subtitle B: Passenger Facility Charges - (Sec. 111) Amends the airport improvement program (AIP) [...] show full description | | Also tagged in: Administrative remedies, Aged, Alaska, Armed forces, Authorization, Black colleges, Budgets, Business, Child health, Children, Citizenship education, Colleges, Communications, Community and school, Community development, Compensatory education Latest Action: 03/06/2008 - H.AMDT.967 Amendment (A009) offered by Ms. Sutton. (consideration: CR H1389-1390; text: CR H1389) An amendment numbered 9 printed in House Report 110-539 to require the Corporation for National and Community Service to conduct a study to identify specifi
Bill TextTo reauthorize and reform the national service laws. 11/1/2007--Reported to House amended. (There is 1 other summary) Generations Invigorating Volunteerism and Education Act, or the GIVE Act - Amends the National and Community Service Act of 1990 (NCSA) and the Domestic Volunteer Service Act of 1973 (DVSA) to revise their programs and reauthorize appropriations for them through FY2012. Title I: Amendments to National and Community Service Act of 1990 - Revises under the NSCA: (1) the School-Based and Community-Based Service-Learning programs and Higher Education Innovative Programs for Community Service, also known as Learn and Serve programs; (2) National Service Trust programs, also known as AmeriCorps; (3) the Civilian Community Corps Demonstration program; and (4) the Investment for Quality and Innovation program. Subtitle A: Amendments to Subtitle A (General Provisions) - (Sec. 1101) Adds to NSCA purposes: (1) providing [...] show full description | | Latest Action: 10/16/2007 - Committee on Small Business and Entrepreneurship. Reported by Senator Kerry with an amendment in the nature of a substitute. With written report No. 110-199.
Bill TextA bill to amend the Small Business Investment Act of 1958 to reauthorize the venture capital program, and for other purposes. 10/16/2007--Reported to Senate amended. (There is 1 other summary) Small Business Venture Capital Act of 2007 - Title I: Small Business Investment Company Program - (Sec. 101) Amends the Small Business Act to reauthorize for FY2007-FY2010 the venture capital program under the Small Business Investment Act of 1958 (a program under which small business investment companies (SBICs) provide capital financing to small businesses). (Sec. 102) Amends the latter Act to increase the maximum amounts of outstanding leverage made available to: (1) any one SBIC; (2) two or more SBICs that are commonly controlled; and (3) SBICs that invest in women-owned or minority businesses or in businesses in low-income areas. (Sec. 103) Requires each SBIC, as a condition of an application for leverage, to certify that not less than [...] show full description | | Also tagged in: Authorization, Budgets, Business, Community development, Economic policy, Executive departments, Executive reorganization, Grants-in-aid, Income tax, Infrastructure, Manufacturing industries, Minorities, Minority business enterprises, Small business, Small Business Administration, Small business investment companies Latest Action: 06/26/2007 - Committee on Small Business and Entrepreneurship. incorporated into measure S. 1662 ordered to be reported.
Bill TextA bill to amend the Small Business Investment Act of 1958 to reauthorize the New Markets Venture Capital Program, and for other purposes. 6/19/2007--Introduced. Securing Equity for the Economic Development of Low Income Areas Act of 2007 or SEED Act - Amends the Small Business Investment Act of 1958 to direct the Administrator of the Small Business Administration (SBA) to select at least one company from each SBA geographic region when selecting companies to participate as New Markets Venture Capital companies. Establishes in the Investment Division of the SBA the Office of New Markets Venture Capital. Modifies the definition of low-income geographic area to reflect the new markets tax credit under the Internal Revenue Code. Revises the formula for the amount of operational assistance grants for new markets venture capital companies. | | Also tagged in: Access to health care, Aged, Agriculture, Authorization, Bicycles, Block grants, Budgets, Business, Cardiovascular diseases, Child health, Child nutrition, Children, Chronically ill, Civil rights, Clinics, Communication in medicine Latest Action: 06/12/2007 - Referred to the Subcommittee on Health.
Bill TextTo establish grants to provide health services for improved nutrition, increased physical activity, obesity and eating disorder prevention, and for other purposes. 6/12/2007--Introduced. Improved Nutrition and Physical Activity Act or the IMPACT Act - Amends the Public Health Service Act to expand an existing grant program for training for health profession students to include the treatment of individuals who are overweight, obese, or have eating disorders. Allows the Secretary of Health and Human Services to award grants for the training of primary care physicians and other health professions on how to identify, treat, and prevent obesity or eating disorders and aid individuals who are overweight or obese or who suffer from eating disorders. Requires the Secretary, acting though the Director of the Centers for Disease Control and Prevention (CDC), to award grants for the planning and implementation of programs that promote healthy eating behaviors and physical [...] show full description | | Also tagged in: Bonds, Building construction, Business, Construction costs, Construction industries, Construction workers, Economic policy, Education, Elementary and secondary education, Elementary education, Employee selection, Employment, Enterprise zones, Finance, Government contractors, Income tax Latest Action: 07/24/2007 - Referred to the Subcommittee on Early Childhood, Elementary, and Secondary Education.
Bill TextTo amend the Internal Revenue Code of 1986 to expand the incentives for the construction and renovation of public schools. 5/24/2007--Introduced. America's Better Classrooms 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); and (2) bonds to finance certain academic programs below the postsecondary level in empowerment zones or enterprise communities (qualified zone academy 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. Terminates the authority for issuance of such bonds after 2009.Amends the General Education Provisions Act to apply certain labor standards to public school [...] show full description | | Also tagged in: Access to health care, Adult education, Agricultural credit, Agriculture, Alabama, Arkansas, Authorization, Budgets, Church and social problems, Colleges, Community development, Community organization, Compensatory education, Congress, Congressional districts, Congressional reporting requirements Latest Action: 06/26/2007 - Referred to the Subcommittee on Specialty Crops, Rural Development, and Foreign Agriculture.
Bill TextTo amend the Consolidated Farm and Rural Development Act to provide for comprehensive community and economic development in the distressed Southern Black Belt and Mississippi Delta region while leveraging existing efforts, entities, and resources. 5/21/2007--Introduced. Southern Empowerment and Economic Development Act to authorize the Delta Black Belt Regional Authority - Amends the Consolidated Farm and Rural Development Act to rename the Delta Regional Authority as the Delta/Black Belt Regional Authority. Extends the Authority's termination date. Directs the Authority to establish a Constituency Representation Board which shall: (1) ascertain state and congressional district community strategic planning efforts; and (2) evaluate and fund programs. Amends the Delta Development Act to revise the definition of the "Lower Mississippi" region. | | Also tagged in: Administrative fees, Aged, Air cargo, Armed forces, Armed forces abroad, Aviation safety, Banks and banking, Border patrols, Budgets, Children, Collection of accounts, Community development, Congressional reporting requirements, Consumption, Counterterrorism, Criminal justice Latest Action: 05/03/2007 - Referred to the House Committee on Ways and Means.
Bill TextTo require a study and comprehensive analytical report on transforming America by reforming the Federal tax code through elimination of all Federal taxes on individuals and corporations and replacing the Federal tax code with a transaction fee-based system. 5/3/2007--Introduced. Comprehensive Transform America Transaction Fee Act of 2007 - Directs the Secretary of the Treasury to conduct an in-depth study on the implementation of a transaction fee in the United States to replace all existing federal taxes. Sets forth guidelines for such study, including: (1) an identification of the transactions to which such fee would apply; (2) exclusions from such fee; (3) the rate of such fee; (4) potential uses for revenue from such fee; (5) progressivity standards; and (6) general matters, including point of liability for such fee and responsibility for collection. Requires the Secretary to report to Congress on the results of such study within one year after the enactment of [...] show full description | | Also tagged in: Advice and consent of the Senate, Arizona, Auditing, Border patrols, Boundaries, Budgets, Business, California, Canada, Citizen participation, Congress, Congressional investigations, Congressional reporting requirements, County politics and government, Customs unions, Development credit institutions Latest Action: 04/27/2007 - Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.
Bill TextTo establish the Southwest Regional Border Authority. 4/26/2007--Introduced. Southwest Regional Border Authority Act - Establishes the Southwest Regional Border Authority. Requires the Authority to: (1) develop plans and programs for the economic development of the Southwest border region (specified counties in California, New Mexico, and Texas); (2) conduct and sponsor investigations, research, and studies of the resources of the region; (3) sponsor up to 10 authorized demonstration projects; (4) enhance the capacity of and support for local development districts; (5) review, study, and recommend appropriate modifications to federal, state, and local development programs for the region; and (6) encourage private investment in the region. Authorizes the Authority to approve grants for regional infrastructure development and improvement, technology development and deployment, community development and entrepreneurship, and education and workforce development. Provides [...] show full description | | Also tagged in: Budgets, Business, Cabinet officers, Commemorations, Congressional tributes, Disabled, Disaster loans, Economic policy, Emergency management, Entrepreneurs, Executive departments, Federally-guaranteed loans, Finance, Labor, Minorities, Minority business enterprises Latest Action: 04/26/2007 - Submitted in the Senate, considered, and agreed to without amendment and with a preamble by Unanimous Consent. (consideration: CR S5255-5257 text as passed Senate: CR S5256-5257 text of measure as introduced: CR S5222)
Bill TextA resolution honoring the entrepreneurial spirit of small business concerns in the United States during National Small Business Week, beginning April 22, 2007. 4/26/2007--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.) Honors the entrepreneurial spirit of small businesses during National Small Business Week beginning April 22, 2007. Applauds the efforts and achievements of small business owners and their employees. Recognizes the work of the Small Business Administration (SBA) and its resource partners in providing assistance to entrepreneurs and small businesses. Urges the President to ensure that: (1) applicable small business procurement goals are reached by federal agencies; (2) SBA guaranteed loans and venture capital are made available to all qualified small businesses; (3) SBA management assistance [...] show full description | | Also tagged in: Affordable housing, Budgets, Community development, Community facilities, Construction costs, Economic policy, Federal aid to housing, Hispanic Americans, Housing, Housing finance, Infrastructure, Land transfers, Low-income housing, Minorities, Moderate income housing, Nonprofit organizations Latest Action: 04/23/2007 - Referred to the House Committee on Financial Services.
Bill TextTo authorize appropriations for assistance for the National Council of La Raza and the Raza Development Fund. 4/23/2007--Introduced. Hope Fund Act of 2007 - Directs the Secretary of Housing and Urban Development to make a grant to the National Council of La Raza to provide technical and financial assistance to local non-profit organizations to undertake community development and affordable housing projects and programs serving low- and moderate-income households, particularly through organizations located in neighborhoods with substantial populations of income-disadvantaged households of Hispanic origin. Authorizes the National Council of La Raza, or the Raza Development Fund, to use such funds to: (1) provide technical and financial assistance for site acquisition and development, construction financing, and short- and long-term financing for housing, community facilities, and economic development; (2) leverage capital from private entities, including private financial [...] show full description | | Also tagged in: Budgets, Census, Child nutrition, Children, Community organization, Congress, Congressional reporting requirements, Economic policy, Entitlements, Food, Food relief, Food supply insurance, Government information, Government paperwork, Governmental investigations, Grants-in-aid Latest Action: 04/19/2007 - Sponsor introductory remarks on measure. (CR S4777-4778)
Bill TextA bill to reduce hunger in the United States. 4/19/2007--Introduced. Hunger-Free Communities Act of 2007 - Directs the Secretary of Agriculture conduct a study of hunger in the United States and develop recommendations on reducing domestic hunger. Directs the Secretary to make: (1) hunger-free communities collaborative grants to eligible public food program service providers or nonprofit organizations; (2) hunger-free communities infrastructure grants to eligible emergency feeding organizations; and (3) hunger-free communities training and technical assistance grants to eligible national or regional nonprofit organizations. (States that such grants' federal share shall not exceed 80%.) Sets forth grant priorities. | | Also tagged in: Budgets, Census, Child nutrition, Children, Community organization, Congress, Congressional reporting requirements, Economic policy, Entitlements, Food, Food relief, Food supply insurance, Government information, Government paperwork, Governmental investigations, Grants-in-aid Latest Action: 05/04/2007 - Referred to the Subcommittee on Department Operations, Oversight, Nutrition and Forestry.
Bill TextTo reduce hunger in the United States. 4/19/2007--Introduced. Hunger-Free Communities Act of 2007 - Directs the Secretary of Agriculture conduct a study of hunger in the United States and develop recommendations on reducing domestic hunger. Directs the Secretary to make: (1) hunger-free communities collaborative grants to eligible public food program service providers or nonprofit organizations; (2) hunger-free communities infrastructure grants to eligible emergency feeding organizations; and (3) hunger-free communities training and technical assistance grants to eligible national or regional nonprofit organizations. (States that such grants' federal share shall not exceed 80%.) Sets forth grant priorities. | | Also tagged in: Administrative procedure, Agriculture, Air pollution, Budgets, Carcinogens, Chemicals, Civil rights, Civil rights enforcement, Clinics, Community health services, Congress, Congressional reporting requirements, Discrimination, Economic policy, Environmental health, Environmental justice Latest Action: 04/20/2007 - Referred to the Subcommittee on Health.
Bill TextTo amend the Public Health Service Act to prohibit discrimination regarding exposure to hazardous substances, and for other purposes. 4/19/2007--Introduced. Community Environmental Equity Act - Amends the Public Health Service Act to prohibit any entity that handles, manages, treats, releases, discharges, disposes, stores, transports, removes, moves, or delivers any covered substance from disproportionately exposing any person or community to such substance on the ground of race, color, national origin, or economic status. Defines "covered substance" to include: (1) any contaminant identified under the Safe Drinking Water Act; (2) any pesticide chemical under the Federal Food, Drug, and Cosmetic Act; (3) any chemical listed as a known or probable human carcinogen under the National Toxicology Program of the Department of Health and Human Services (HHS); (4) any chemical substance or mixture regulated under the Toxic Substance Control Act; (5) any hazardous [...] show full description | | Also tagged in: Business, Disabled, Economic policy, Government contractors, Government procurement, Minorities, Minority business enterprises, Public contracts, Small business, Veterans, Veterans' benefits, Welfare, Women, Women in business Latest Action: 04/18/2007 - Referred to the House Committee on Small Business.
Bill TextTo amend the Small Business Act to increase the minimum Government-wide goal for procurement contracts awarded to small business concerns. 4/18/2007--Introduced. Amends the Small Business Act to increase the government-wide goal for procurement contracts awarded to small businesses owned and controlled by service-disabled veterans, qualified HUBZone small businesses, and small businesses owned and controlled by socially and economically disadvantaged individuals or women to 25 percent (currently, 23 percent) of the total amount of federal procurement contracts awarded in a fiscal year. | | Also tagged in: Administrative procedure, Antennas, Broadband, Business, Cable television, Capital investments, Communication satellites, Cooperative societies, Corporation taxes, Department of the Treasury, Depreciation and amortization, District of Columbia, Economic policy, Enterprise zones, Executive departments, Government information Latest Action: 03/30/2007 - Sponsor introductory remarks on measure. (CR E725-726)
Bill TextTo amend the Internal Revenue Code of 1986 to provide for the expensing of broadband Internet access expenditures, and for other purposes. 3/29/2007--Introduced. Broadband Deployment Acceleration Act of 2007 - Amends the Internal Revenue Code to permit taxpayers to elect to expense (i.e., deduct all expenses in the current taxable year) qualified broadband expenditures, including installation and connection costs for subscribers in rural or underserved areas.Permits mutual or cooperative telephone companies to elect to reduce their unrelated business taxable income in any year by the amount of their qualified broadband expenditures. Directs the Secretary of the Treasury to: (1) designate census tracts identifying rural and underserved areas under this Act; and (2) prescribe regulations for carrying out the purposes of this Act. Prohibits federal or state agencies from adopting regulations and ratemaking procedures that would eliminate or reduce the broadband [...] show full description | | Latest Action: 03/29/2007 - Referred to the Committee on Financial Services, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the commit
Bill TextTo amend the Federal Credit Union Act and the Small Business Act to improve small business lending, improve cooperation between the National Credit Union Administration and the Small Business Administration, and for other purposes. 3/29/2007--Introduced. Credit Union Small Business Lending Act - Amends the Federal Credit Union Act to exclude from the meaning of "member business loan," and thereby from specified limitations on member business loans made by a credit union, certain small business loans made in cooperation with the Small Business Administration (SBA), without regard to whether any portion of such a loan is or is not SBA-guaranteed. Amends the Small Business Act to direct the SBA Administrator to implement a program to: (1) provide outreach and assistance to credit unions to increase their participation in the SBA small business loan program; (2) simplify the application process for such participation; and (3) provide a guaranty of up to 85% for [...] show full description | | Also tagged in: Administrative fees, Administrative procedure, Budgets, Congressional investigations, Congressional reporting requirements, Consumers, Credit bureaus, Department of Housing and Urban Development, Disabled, Earnings, Economic policy, Executive departments, Federal aid to housing, Finance, Governmental investigations, Home ownership Latest Action: 07/16/2007 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Bill TextTo reform the housing choice voucher program under section 8 of the United States Housing Act of 1937. 7/12/2007--Passed House amended. (There are 2 other summaries) Section 8 Voucher Reform Act of 2007 - (Sec. 2) Amends the United States Housing Act of 1937 to revise requirements for public housing agency (PHA) inspections of each dwelling unit for which a housing assistance payment contract is established. Requires an initial inspection before any assistance payment is made. Allows such payments if failure to meet standards is a result only of non-life threatening conditions. Requires suspension of payments until each deficiency has been corrected.Permits a housing agency, in the case of projects receiving certain federal housing subsidies, to authorize occupancy before completion of an initial inspection. Requires biennial inspections, in lieu of current annual inspections, to determine compliance. Provides for interim inspections,[...] show full description | | Also tagged in: Administrative procedure, Authorization, Bonds, Budgets, Business, Congressional reporting requirements, Economic policy, Executive departments, Executive reorganization, Finance, Government information, Government paperwork, Governmental investigations, Law, Loans, Manufacturing industries Latest Action: 03/27/2007 - Referred to the House Committee on Small Business.
Bill TextTo amend the Small Business Investment Act of 1958 to reauthorize and expand the New Markets Venture Capital Program, and for other purposes. 3/27/2007--Introduced. Securing Equity for the Economic Development of Low Income Areas Act of 2007 - Amends the Small Business Investment Act of 1958 to direct the Administrator of the Small Business Administration (SBA), in selecting companies to participate in the New Markets Venture Capital Program (Program), to select at least one company from each geographic region of the SBA. Requires (currently, authorizes) the Administrator to make grants to such companies to be used for loans to new-market small businesses, and to guarantee debentures issued by such companies. Establishes the Office of New Markets Venture Capital, headed by a Director, to administer the Program. Revises the definition of "low income geographic area" for Program eligibility purposes. Requires a study by the SBA's Chief Counsel [...] show full description | | Also tagged in: Budgets, Business, Community development, Community development banking, Congress, Congressional reporting requirements, Credit, Economic development, Economic policy, Finance, Government information, Government lending, Government paperwork, Indian economic development, Infrastructure, Job creation Latest Action: 03/26/2007 - Read twice and referred to the Committee on Small Business and Entrepreneurship.
Bill TextA bill to establish a pilot program to provide low interest loans to nonprofit, community-based lending intermediaries, to provide midsize loans to small business concerns, and for other purposes. 3/26/2007--Introduced. Small Business Intermediary Lending Pilot Program Act of 2007 - Establishes a three-year small business intermediary lending pilot program under which the Administrator of the Small Business Administration (SBA) may make direct loans to eligible nonprofit lending intermediaries for the purpose of making fixed interest rate and mid-size loans ($35,000 to $200,000) to startup, newly-established, and growing small businesses. Authorizes the Administrator, under the program, to make one percent, 20-year loans of up to $1 million, on a competitive basis, to up to 20 lending intermediaries. Requires geographic diversity and representation of urban and rural communities under the program. | | Also tagged in: Apprenticeship, Bonds, Budgets, Building construction, Business, Charitable contributions, Children, Collection of accounts, Community and school, Construction costs, Construction industries, Construction workers, Corporate philanthropy, Curricula, Economic policy, Education Latest Action: 03/19/2007 - Sponsor introductory remarks on measure. (CR S3275)
Bill TextA 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 | | Also tagged in: Academic performance, Budgets, Business, Charitable contributions, Corporate philanthropy, Corporation taxes, Disabled, Disaster relief, Economic policy, Education, Education of the disadvantaged, Educational accountability, Elementary and secondary education, Elementary education, Emergency management, Employment of the disabled Latest Action: 03/09/2007 - Sponsor introductory remarks on measure. (CR S2970-2971)
Bill TextA 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 | | Also tagged in: Actions and defenses, Administrative fees, Administrative procedure, Advice and consent of the Senate, Affordable housing, Aged, Apartment houses, Auditing, Bank capital, Bank examination, Bank loans, Bank mergers, Bank reserves, Bankruptcy, Budgets, Business Latest Action: 05/24/2007 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Bill TextTo 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 | | Also tagged in: Access to health care, Administrative procedure, Armed forces, Armed forces reserves, Bank reserves, Bonds, Budgets, Business, Business ethics, Community development, Conflict of interests, Corporation directors, Defense policy, Dental care, Economic policy, Energy Latest Action: 05/01/2007 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 129.
Bill TextTo improve the access to capital programs of the Small Business Administration, and for other purposes. 4/25/2007--Passed House amended. (There are 2 other summaries) Small Business Lending Improvements Act of 2007 - Title I: 7(A) Program - (Sec. 101) Amends the Small Business Act relating to the 7(a) (business start-up loan) program to authorize the Administrator of the Small Business Administration (SBA) to offset (contribute to) borrower and lender fees associated with 7(a) loans when funds are made available to the SBA for such contributions. Requires the quarterly adjustment of any contributions made. (Sec. 102) Directs the Administrator to carry out a rural lending outreach program to provide up to an 85 percent guaranty for loans of $250,000 or less made by lenders to small businesses in rural areas. Requires the SBA to approve or decline such loan within 36 hours. (Sec. 103) Directs the Administrator to carry out a permanent [...] show full description | | Also tagged in: Business, Congressional reporting requirements, Corporation taxes, Depreciation and amortization, Economic growth, Economic policy, Enterprise zones, Government information, Government publicity, Governmental investigations, Income tax, Labor, Labor statistics, Minimum tax, Partnerships, Poverty Latest Action: 03/06/2007 - Referred to the House Committee on Ways and Means.
Bill TextTo amend the Internal Revenue Code of 1986 to promote freedom, fairness, and economic opportunity by establishing National Enterprise Zones to promote prosperity in economically depressed areas. 3/6/2007--Introduced. National Enterprise Zone Act of 2007 - Amends the Internal Revenue Code to direct the Secretary of the Treasury to designate areas in the United States and its possessions as National Enterprise Zones and to publish a list of such Zones. Requires a Zone to: (1) have more than 50,000 residents; (2) have a poverty rate of two times the national poverty rate; and (3) have an unemployment rate two times the national average. Allows corporate and noncorporate taxpayers with taxable income from an active trade or business within such a Zone to elect a reduced alternative income tax in lieu of existing income and alternative minimum tax rates. Requires the Secretary to study and report to Congress on the effectiveness of such program. | | Also tagged in: Administrative procedure, Algal blooms, Animals, Aquatic ecology, Aquatic pests, Aquatic plants, Armed forces, Authorization, Biological diversity, Boats and boating, Budgets, Business, Business records, Canada, Canals, Coast guard Latest Action: 03/21/2007 - Referred to the Subcommittee on Fisheries, Wildlife, and Oceans.
Bill TextTo establish a collaborative program to protect the Great Lakes, and for other purposes. 3/6/2007--Introduced. Great Lakes Collaboration Implementation Act - Amends the Nonindigenous Aquatic Nuisance Prevention and Control Act of 1990 to: (1) require certain vessels operating in U.S. waters to have invasive species management plans; (2) direct the Secretary of Homeland Security to establish vessel performance requirements, including provisions for ballast water exchange, treatment, and discharge, and civil and criminal penalties for violations; (3) require federal agencies to restrict the importation of live aquatic organisms of species not in trade without screening and approval; and (4) declare importation of such species to be unlawful and prescribe civil and criminal penalties for violations.Directs the Secretary of the Army to: (1) upgrade and make permanent the Chicago sanitary and ship canal dispersal barrier in Chicago, Illinois; (2) construct Barrier II; and [...] show full description | | Also tagged in: Advice and consent of the Senate, Capital gains tax, Congress, Congressional oversight, Congressional reporting requirements, Congressional-executive relations, Data banks, Department of Commerce, Depreciation and amortization, Economic development, Economic growth, Economic policy, Economic statistics, Employee benefit plans, Employee health benefits, Employment Latest Action: 03/01/2007 - Sponsor introductory remarks on measure. (CR S2510)
Bill TextA bill to establish in the Department of Commerce an Under Secretary for United States Direct Investment, and for other purposes. 3/1/2007--Introduced. Invest USA Act of 2007 - Establishes in the Department of Commerce a United States Direct Investment Administration, headed by an Under Secretary of Commerce for United States Direct Investment. Requires the Under Secretary to collect, analyze, and report annually to the President and the appropriate congressional committees: (1) on specified data about direct investment in each state and region; and (2) an agenda based on such data and analysis. Requires the President to establish, and the Under Secretary to assume lead responsibility for, an Interagency United States Direct Investment Promotion Committee. Amends the Internal Revenue Code (relating to designation of renewal communities) to authorize the Under Secretary to designate an additional 10 nominated areas as renewal communities. | | Also tagged in: Administrative procedure, Affiliated corporations, Automobile insurance, Bank accounts, Bank examination, Bank holding companies, Bank loans, Bank mergers, Bank records, Banks and banking, Brokers, Business, Business insurance, Business records, Casualty insurance, Civil rights Latest Action: 03/01/2007 - Referred to the House Committee on Financial Services.
Bill TextTo enhance the availability of capital and credit for all citizens and communities, to ensure that community reinvestment keeps pace as banks, securities firms, and other financial service providers become affiliates as a result of the enactment of the Gramm-Leach-Bliley Act, and for other purposes. 3/1/2007--Introduced. Community Reinvestment Modernization Act of 2007 - Repeals specified revisions to regulations governing the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Director of the Office of Thrift Supervision. Reinstates banking agency regulations in effect before the publication of such revisions. Amends the Bank Holding Company Act of 1956 (BHCA) to subject to the Community Reinvestment Act of 1977 (CRA) nonbank affiliates of bank holding companies that engage in lending or offering banking products or services. Amends the CRA to require a rating reduction [...] show full description | | Also tagged in: Alabama, Budgets, Business, Disaster loans, Disaster relief, Economic development, Economic policy, Emergency management, Finance, Government lending, Government procurement, Grants-in-aid, Hurricanes, Louisiana, Mississippi, Public contracts Latest Action: 03/01/2007 - Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.
Bill TextTo address ongoing small business and homeowner needs in the Gulf Coast States impacted by Hurricane Katrina and Hurricane Rita. 2/28/2007--Introduced. Gulf Coast Back to Business Act of 2007 - Authorizes appropriations for the Economic Development Administration of the Department of Commerce for grants to appropriate state government agencies in Louisiana and Mississippi for small businesses located in disaster areas caused by Hurricanes Katrina or Rita. Amends the Small Business Act to authorize the Administrator of the Small Business Administration (SBA) to defer for a conditional period the payment of principal and interest on disaster loans made to small businesses affected by such hurricanes in the case of loans made before December 31, 2006. Prohibits an increased collateral requirement with respect to the deferred loans. Includes as a HUBZone (historically underutilized business zone) any area in which the President has declared a major disaster as a [...] show full description | | Also tagged in: Bank capital, Banks and banking, Community development, Community development banking, Economic policy, Finance, Housing, Infrastructure, Investments, Job creation, Law, Liability (Law), Rural affairs, Savings and loan associations, Urban affairs Latest Action: 02/28/2007 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Bill TextTo increase community development investments by depository institutions, and for other purposes. 2/27/2007--Passed House 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.) Depository Institution Community Development Investments Enhancement Act - Amends the Home Owners' Loan Act to revise requirements for community development investments by federal savings associations. Authorizes a federal savings association to make investments, directly or indirectly, each of which is designed primarily to promote the public welfare, including the welfare of low- and moderate-income communities or families through the provision of housing, services, and jobs (community development investments). Permits such investments to be made directly or by purchase of interests in an entity primarily engaged in making such investments. Prohibits [...] show full description | | Also tagged in: Alaska, Black colleges, Budgets, Computer networks, Congressional reporting requirements, Distance education, Economic policy, Education, Educational technology, Federal aid to education, Hawaiians, Higher education, Hispanic Americans, Indian education, Indians, Indigenous peoples Latest Action: 02/26/2007 - Sponsor introductory remarks on measure. (CR S2231)
Bill TextA bill to establish digital and wireless networks to advance online higher education opportunities for minority students. 2/15/2007--Introduced. ED 1.0 Act - Establishes a pilot program requiring the Administrator of the National Telecommunications and Information Administration to award six-year grants to four minority-serving educational institutions, enabling them to develop digital and wireless networks for online programs of study within the institutions. Gives grant priority to institutions serving counties: (1) that meet specified criteria of economic depression; (2) less than 18% of whose residents have a higher education; and (3) at least half of whose residents are minorities. | | Also tagged in: Administrative procedure, Administrative remedies, Air pollution, Air pollution control, Congressional reporting requirements, Economic policy, Emergency management, Employee training, Environmental assessment, Environmental health, Environmental justice, Environmental protection, Environmental Protection Agency, Environmental research, Epidemiology, Executive departments Latest Action: 10/04/2007 - Subcommittee Hearings Held.
Bill TextTo codify Executive Order 12898, relating to environmental justice, to require the Administrator of the Environmental Protection Agency to fully implement the recommendations of the Inspector General of the Agency and the Comptroller General of the United States, and for other purposes. 2/15/2007--Introduced. Environmental Justice Act of 2007 - Authorizes and directs the President to execute, administer, and enforce as a matter of federal law the provisions of Executive Order 12898, dated February 11, 1994, (Federal Actions To Address Environmental Justice In Minority Populations and Low-Income Populations) with modifications: (1) defining "environmental justice" and "fair treatment"; and (2) providing that the provisions concerning judicial review shall not apply.Requires the Administrator of the Environmental Protection Agency (EPA) to carry out specified recommendations set forth in the following reports: (1) the EPA Inspector General's report [...] show full description | | Also tagged in: Administrative procedure, Administrative remedies, Air pollution, Air pollution control, Congressional reporting requirements, Economic policy, Emergency management, Employee training, Environmental assessment, Environmental health, Environmental justice, Environmental protection, Environmental Protection Agency, Environmental research, Epidemiology, Executive departments Latest Action: 02/15/2007 - Sponsor introductory remarks on measure. (CR S2086-2087)
Bill TextA bill to codify Executive Order 12898, relating to environmental justice, to require the Administrator of the Environmental Protection Agency to fully implement the recommendations of the Inspector General of the Agency and the Comptroller General of the United States, and for other purposes. 2/15/2007--Introduced. Environmental Justice Act of 2007 - Authorizes and directs the President to execute, administer, and enforce as a matter of federal law the provisions of Executive Order 12898, dated February 11, 1994, (Federal Actions To Address Environmental Justice In Minority Populations and Low-Income Populations) with modifications: (1) defining "environmental justice" and "fair treatment"; and (2) providing that the provisions concerning judicial review shall not apply.Requires the Administrator of the Environmental Protection Agency (EPA) to carry out specified recommendations set forth in the following reports: (1) the EPA Inspector General's [...] show full description | | Also tagged in: Access to health care, Affordable housing, Aged, Agricultural subsidies, Agriculture, Air pollution, Armed forces, Associations, institutions, etc., Awards, medals, prizes, Boycott, Budget deficits, Budgets, Business, Business and social problems, Business cycles, Business ethics Latest Action: 06/05/2007 - Referred to the Subcommittee on Workforce Protections.
Bill TextTo establish a living wage, jobs for all policy for all peoples in the United States and its territories, and for other purposes. 2/14/2007--Introduced. A Living Wage, Jobs for All Act - Declares that Congress affirms the basic economic rights and responsibilities under the 1944 "Economic Bill of Rights," while updating and extending it to include: (1) certain rights to decent jobs, income security for individuals unable to work for pay, a decent living for farm families, freedom from monopolies, decent housing, adequate health services, Social Security in old age, sickness, accidental injury, and unemployment, and education and work training; and (2) certain other rights relating to collective bargaining, a safe working environment, information on trends in pollution sources and products and processes that affect the well-being of workers throughout the world, voting and campaigning, and personal security. Requires corporations registered with the Securities and Exchange [...] show full description | | Also tagged in: Budgets, Building construction, Business, Collection of accounts, Commemorations, Condominium (Housing), Economic policy, Historic sites, History, Housing, Income tax, Investment tax credit, Leases, Low-income housing, Maintenance and repair, Office buildings Latest Action: 02/14/2007 - Read twice and referred to the Committee on Finance.
Bill TextA bill to amend the Internal Revenue Code of 1986 to modify the rehabilitation credit and the low-income housing credit. 2/14/2007--Introduced. Community Restoration and Revitalization Act of 2007 - Amends the Internal Revenue Code to: (1) allow an increased rehabilitation tax credit for certain low-income buildings; (2) allow a basis reduction adjustment for property eligible for the credit; (3) increase the credit for certain smaller buildings; (4) allow property eligible for the credit to be used for lodging purposes; (5) modify placed-in-service rules for credit property; (6) modify qualification rules for credit property that is tax-exempt use property; (7) increase the credit for buildings in high cost areas; and (8) exempt certain condominium transactions from rehabilitation tax credit recapture requirements. | | Also tagged in: Budgets, Building construction, Business, Collection of accounts, Commemorations, Condominium (Housing), Economic policy, Historic sites, History, Housing, Income tax, Investment tax credit, Leases, Low-income housing, Maintenance and repair, Office buildings Latest Action: 02/14/2007 - Referred to the House Committee on Ways and Means.
Bill TextTo amend the Internal Revenue Code of 1986 to modify the rehabilitation credit and the low-income housing credit. 2/14/2007--Introduced. Community Restoration and Revitalization Act of 2007 - Amends the Internal Revenue Code to: (1) allow an increased rehabilitation tax credit for certain low-income buildings; (2) allow a basis reduction adjustment for property eligible for the credit; (3) increase the credit for certain smaller buildings; (4) allow property eligible for the credit to be used for lodging purposes; (5) modify placed-in-service rules for credit property; (6) modify qualification rules for credit property that is tax-exempt use property; (7) increase the credit for buildings in high cost areas; and (8) exempt certain condominium transactions from rehabilitation tax credit recapture requirements. | | Also tagged in: Business, Capital gains tax, Corporation taxes, Depreciation and amortization, Disabled, Dividends, Economic policy, Employment of the disabled, Enterprise zones, Families, Family enterprises, Finance, Income tax, Indexing (Economic policy), Interest, Joint ventures Latest Action: 10/18/2007 - The Chair announced that the message and the accompanying bill would be referred to the Committees on Energy and Commerce and Ways and Means and that the Clerk would be directed to notify the Senate of the actions of the House.
Bill TextAn act to amend title XXI of the Social Security Act to extend and improve the Children's Health Insurance Program, and for other purposes. 9/25/2007--House agreed to Senate amendment with amendment. (There are 4 other summaries) Children's Health Insurance Program Reauthorization Act of 2007 - Makes the amendments made by this Act effective on October 1, 2007, regardless of whether final regulations have been promulgated to carry them out. Allows certain state plans under titles XIX (Medicaid) or XXI (State Children's Health Insurance Program) (CHIP) (also known as SCHIP) of the Social Security Act (SSA) that require state legislation to meet additional requirements imposed by this Act additional time to make required plan changes. Sets forth a contingent effective date for CHIP funding for FY2008. Title I: Financing - Subtitle A: Funding - (Sec. 101) Amends SSA title XXI to reauthorize the CHIP program through FY2012 at [...] show full description | | Also tagged in: Alabama, Budgets, Business, Disaster loans, Disaster relief, Economic development, Economic policy, Emergency management, Finance, Government lending, Government procurement, Grants-in-aid, Hurricanes, Louisiana, Mississippi, Public contracts Latest Action: 02/08/2007 - Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S1792-1793)
Bill TextA bill to address ongoing small business and homeowner needs in the Gulf Coast States impacted by Hurricane Katrina and Hurricane Rita. 2/8/2007--Introduced. Gulf Coast Back to Business Act of 2007 - Authorizes appropriations for the Economic Development Administration of the Department of Commerce for grants to appropriate state government agencies in Louisiana and Mississippi for small businesses located in disaster areas caused by Hurricanes Katrina or Rita. Amends the Small Business Act to authorize the Administrator of the Small Business Administration (SBA) to defer for a conditional period the payment of principal and interest on disaster loans made to small businesses affected by such hurricanes in the case of loans made before December 31, 2006. Prohibits an increased collateral requirement with respect to the deferred loans. Includes as a HUBZone (historically underutilized business zone) any area in which the President has declared a major disaster [...] show full description | | |
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