Business records Legislation - Federal Government

To authorize financial assistance to eligible automobile manufacturers, and for other purposes. 12/10/2008--Passed House amended.    (There is 1 other summary) Auto Industry Financing and Restructuring Act - (Sec. 3) Directs the President to designate one or more executive branch officers (designee) to carry out the purposes of this Act. Requires such designee to have appropriate expertise to facilitate the restructuring necessary to achieve the long-term financial viability of domestic automobile manufacturers. (Sec. 4) Requires the designee to authorize and direct the disbursement of bridge loans or to enter into commitments for lines of credit to each automobile manufacturer that submitted to Congress a plan on December 2, 2008, and request for such loan or commitment ("automaker," for purposes of this Act). Establishes as the amount of such assistance the amount intended to facilitate continued operations of the automaker and prevent [...]

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A bill to amend the Internal Revenue Code of 1986 to provide for the disclosure of schedule M-3 to the Securities and Exchange Commission, to provide for the public disclosure of certain information on such schedule, to provide penalties for failure to file such schedule or inaccurately reporting information on such schedule, and for other purposes. 10/1/2008--Introduced. Corporate Transparency Act of 2007 [sic] - Amends the Internal Revenue Code to require the Secretary of the Treasury to: (1) disclose to the Securities and Exchange Commission (SEC) certain tax return information of public entities whose securities are required to be registered under the Securities and Exchange Act of 1934 relating to the reconciliation of financial income statements with income tax returns (i.e., Schedule M-3); and (2) post on the Internet certain identifying and financial information for such entities. Imposes penalties on entities that fail to file required information. Requires [...]

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A bill to reduce gun trafficking by prohibiting bulk purchases of handguns. 9/26/2008--Introduced. End Gun Trafficking Act of 2008 - Amends the federal criminal code to: (1) prohibit a firearms dealer from selling a handgun to an unlicensed individual if such dealer knows or has reasonable cause to believe that such individual has purchased another handgun within the previous 30 days; (2) prohibit an unlicensed buyer of firearms from purchasing more than one handgun during any 30-day period; (3) increase from one to five years the maximum prison term for firearms dealers who make false statements in their sales records; and (4) require background check records to be retained for not less than 180 days.Repeals prohibitions on the use of funds for: (1) implementation of the national instant criminal background check system for firearms; and (2) background check systems that do not require and result in the destruction within 24-hours of any identifying information for [...]

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To extend the Andean Trade Preference Act, and for other purposes. 10/16/2008--Public Law.    (There are 2 other summaries) (This measure has not been amended since it was passed by the Senate on October 2, 2008. The summary of that version is repeated here.)Amends the Andean Trade Preference Act (ATPA) to prohibit the extension of duty-free treatment or other preferential treatment to: (1) Colombia or Peru after December 31, 2009; (2) Ecuador after June 30, 2009, except that such preferential treatment shall remain in effect through December 31, 2009, unless the President reports to specified congressional committees on or before June 30, 2009, that Ecuador does not satisfy certain beneficiary country designation requirements; and (3) Bolivia after June 30, 2009, except that such preferential treatment shall remain in effect through December 31, 2009, only if the President reports to specified congressional committees on or before June 30,[...]

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A bill to amend the Federal Food, Drug, and Cosmetic Act to require manufacturers of bottled water to submit annual reports, and for other purposes. 9/11/2008--Introduced. Bottled Water Safety and Right to Know Act of 2008 - Amends the Federal Food, Drug, and Cosmetic Act to direct the Secretary of Health and Human Services to identify and establish standards for contaminants in bottled water that are at least as protective as standards established by: (1) the Administrator of the Environmental Protection Agency (EPA) for national primary drinking water; or (2) the World Health Organization, the European Union, or the state of California. Authorizes the Secretary to award grants to states for the enforcement of standards adopted under this Act. Transfers all functions of the Secretary relating to inspections and enforcement concerning bottled water to the EPA if the Secretary fails to publish the final regulation concerning such standards within two years. Requires the [...]

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A bill to amend the Federal Food, Drug, and Cosmetic Act to provide for the establishment of a traceability system for food, and for other purposes. 8/1/2008--Introduced. Food Tracking Improvement Act - Amends the Federal Food, Drug, and Cosmetic Act to prohibit failing to comply with any requirement of this Act.Requires the Secretary of Health and Human Services to: (1) establish a traceability system for all stages of manufacturing, processing, packaging, and distribution of food; and (2) convene an advisory committee to assist in implementing the system. Requires the system to identify each article of food shipped in interstate commerce in a manner that enables the Secretary to retrieve the history, use, and location of the article through a recordkeeping and audit system, a secure, online database, or registered identification.Authorizes the Secretary to direct each person required to identify an article of food to maintain accurate records regarding the [...]

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