| Also tagged in: Access to health care, Administrative procedure, Affordable housing, Afghanistan, Aged, Agricultural subsidies, Agriculture, Aid to dependent children, AIDS (Disease), Alternative energy sources, Animals, Appropriations, Armed forces, Armed forces abroad, Armed forces reserves, Auditing Latest Action: 03/14/2008 - S.AMDT.4380 Amendment SA 4380 agreed to in Senate by Yea-Nay Vote. 41 - 57. Record Vote Number: 79.
Bill TextAn original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2009 and including the appropriate budgetary levels for fiscal years 2008 and 2010 through 2013. 3/14/2008--Passed Senate amended. (There are 2 other summaries) Sets forth the congressional budget for the federal government for FY2009, including the appropriate budgetary levels for FY2008 and FY2010-FY2013. Title I: Recommended Levels and Amounts - (Sec. 101) Lists recommended budgetary levels and amounts, for FY2008-FY2013, with respect to: (1) federal revenues; (2) new budget authority; (3) budget outlays; (4) deficits; (5) public debt; and (6) debt held by the public. (Sec. 102) Lists the appropriate levels of new budget authority, outlays, and administrative expenses for Social Security, U.S. Postal Service discretionary administrative expenses, and specified major functional categories for FY2008-FY2013.[...] show full description | | Also tagged in: Administrative procedure, Annuities, Auditing, Budgets, Civil service retirement, Collection of accounts, Congress, Congressional agencies, Congressional investigations, Congressional reorganization, Congressional reporting requirements, Consultants, Expense accounts, Federal employees, Federal officials, Finance Latest Action: 01/29/2008 - Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Bill TextA bill to make certain reforms with respect to the Government Accountability Office, and for other purposes. 1/29/2008--Introduced. Government Accountability Office Act of 2008 - Revises certain administrative requirements for the Government Accountability Office (GAO). Requires the Comptroller General (not the President, as currently) to appoint the Deputy Comptroller General, who shall serve at the Comptroller General's pleasure. Establishes an Office of the Inspector General in GAO. Requires the Comptroller General's annual report to Congress to assess the overall degree of federal agency cooperation with GAO audits. Requires any executive agency (or component) that prepares an audited financial statement (or related schedule) to reimburse GAO the cost of any GAO audit. Amends the Ethics in Government Act of 1978 to revise the coverage of certain GAO officers and employees under its financial disclosure requirements. Increases from [...] show full description | | Also tagged in: Armed forces, Arms control, Arms sales, Classified defense information, Computer crimes, Conspiracy, Criminal investigation, Criminal justice, Criminal justice information, Data banks, Defense policy, Destruction of property, Electronic government information, Energy, Espionage, Export controls Latest Action: 11/02/2007 - Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.
Bill TextTo amend title 18, with respect to certain crimes affecting national security, and for other purposes. 10/10/2007--Introduced. Supporting Prosecutions of International Espionage Schemes Act of 2007 - Amends the federal criminal code to: (1) revise criminal prohibitions against unauthorized gathering and disclosure of national defense information and recklessly losing such information; (2) increase maximum prison terms for the crimes of misprision of treason, rebellion, and thefts of classified information and financial records by computer; (3) impose a fine and/or prison term of up to 30 years for damaging or impeding the operation of a nuclear facility or attempting or conspiring to do so; and (4) impose a fine and/or prison term of up to 20 years for violations of certain export control requirements.Directs the Attorney General to: (1) notify appropriate officials at the Departments of Homeland Security (DHS), State, and Commerce of any indictments, convictions, or [...] show full description | | Also tagged in: Actions and defenses, Budgets, Consumers, Counseling, Credit bureaus, Federal aid to housing, Federally-guaranteed loans, Fees, Finance, Financial planning, Foreclosure, Government information, Government lending, Government paperwork, Housing, Income Latest Action: 09/19/2007 - Referred to the House Committee on Financial Services.
Bill TextTo establish a program to assist homeowners experiencing unavoidable, temporary difficulty making payments on mortgages insured under the National Housing Act. 9/19/2007--Introduced. Homeowners' Emergency Mortgage Assistance Act - Directs the Secretary of Housing and Urban Development to establish a mortgage emergency assistance program for qualifying homeowners with National Housing Act-insured mortgages who are temporarily unable to meet their obligations due to financial hardship beyond their control. Requires: (1) homeowner repayment of such assistance and interest; and (2) certain conditions to be met before legal action may be taken against a qualifying homeowner, including providing the homeowner with program notice. | | Also tagged in: Business, Corporate finance, Corporations, Finance, Government information, Government paperwork, Information disclosure (Securities law), Mutual funds, Securities regulation, Stockholders, Technology, Telecommunication, Web sites Latest Action: 12/10/2007 - Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.
Bill TextTo authorize the Securities and Exchange Commission to permit or require persons filing or furnishing information under the securities laws to make such information available on internet websites, in addition to or instead of including such information in filings with or submissions to the Commission, under such conditions as the Commission may specify by rule. 9/7/2007--Introduced. Transparency in Corporate Filings Act - Amends the Securities Act of 1933, the Securities Exchange Act of 1934, and the Investment Company Act of 1940, with respect to mandatory public disclosures in either registration statements, prospectuses, reports, or broadcasts, to authorize the Securities and Exchange Commission (SEC) to provide that a disclosure form, periodic report, or document need not be filed if the SEC has otherwise prescribed another means for public disclosure of such information (including, by implication, on an Internet website). Amends the Investment Company Act of 1940 [...] show full description | | Also tagged in: Administrative procedure, Annuities, Auditing, Budgets, Civil service retirement, Collection of accounts, Congress, Congressional agencies, Congressional investigations, Congressional reorganization, Congressional reporting requirements, Consultants, Expense accounts, Federal employees, Federal officials, Finance Latest Action: 03/13/2008 - Subcommittee Hearings Held.
Bill TextTo make certain reforms with respect to the Government Accountability Office, and for other purposes. 7/31/2007--Introduced. Government Accountability Office Act of 2007 - Revises certain administrative requirements for the Government Accountability Office (GAO). Requires the Comptroller General (not the President, as currently) to appoint the Deputy Comptroller General, who shall serve at the Comptroller General's pleasure. Establishes an Office of the Inspector General in GAO. Requires the Comptroller General's annual report to Congress to assess the overall degree of federal agency cooperation with GAO audits. Requires any executive agency (or component) that prepares an audited financial statement (or related schedule) to reimburse GAO the cost of any GAO audit. Amends the Ethics in Government Act of 1978 to revise the coverage of certain GAO officers and employees under its financial disclosure requirements. Increases from 15 [...] show full description | | Also tagged in: Abortion, Access to health care, Actions and defenses, Administrative procedure, Aged, Ambulances, Ambulatory care, Auditing, Birth control, Bonds, Breast cancer, Budgets, Business, Capital budgets, Capitation (Medical care), Case management Latest Action: 09/11/2007 - Referred to the Subcommittee on Workforce Protections.
Bill TextTo establish a United States Health Service to provide high quality comprehensive health care for all Americans and to overcome the deficiencies in the present system of health care delivery. 7/11/2007--Introduced. Josephine Butler United States Health Service Act - Establishes the United States Health Service as an independent executive branch entity to provide health care and supplemental health services to all individuals within the United States. Requires the President to appoint members to a National Health Board to exercise the authority of the Service. Establishes an Office of the Inspector General for Health Services. Requires the Service to ensure that every individual is given certain basic health rights, including the right to receive high quality care and supplemental services from any facility within the Service capable of providing such services without charge and without discrimination. Amends the Fair Labor Standards Act of 1938 to provide [...] show full description | | Also tagged in: Business, Business records, Consumer discounts, Consumer education, Consumer protection, Consumers, Contracts, Drug industry, Drug utilization, Drugs, Fees, Finance, Fines (Penalties), Generic drugs, Government information, Government paperwork Latest Action: 07/10/2007 - Referred to the House Committee on Energy and Commerce.
Bill TextTo ensure integrity in the operation of pharmacy benefit managers. 7/10/2007--Introduced. Pharmacy Benefit Manager Transparency Act of 2007 - Prohibits any pharmaceutical drug manufacturer from having a controlling interest in an entity that is a pharmacy benefit manager. Allows the Secretary of Health and Human Services to issue civil penalties for violations as necessary. Prohibits pharmacy benefit managers from making drug interchanges: (1) to a drug with a greater cost; (2) without disclosure to the individual of the savings associated with the interchange; or (3) from a drug with generic equivalents to a drug without generic equivalents, unless the latter is lower in cost than each of the generic equivalents of the drug from which the prescription would be changed. Requires pharmacy benefit managers to annually disclose all compensation received from drug manufacturers to the Antitrust Division of the Department of Justice (DOJ) and to the client plans [...] show full description | | Also tagged in: Administrative procedure, Business, Corporate finance, Corporate management, Executive departments, Finance, Government information, Government paperwork, Independent regulatory commissions, Information disclosure (Securities law), Law, Securities and Exchange Commission, Securities regulation, Small business Latest Action: 07/17/2007 - Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.
Bill TextTo extend the current moratorium for small businesses complying with section 404 of the Sarbanes-Oxley Act of 2002 by 1 year. 6/14/2007--Introduced. Small Business SOX Compliance Extension Act - Directs the Securities and Exchange Commission to modify its regulations under the Sarbanes-Oxley Act of 2002 (SOX) for annual management assessments of, and reports on, internal financial controls. Requires such regulations to provide that a non-accelerated filer does not have to provide management's report on internal control over financial reporting until it files an annual report for its first fiscal year ending on or after December 15, 2008 (thereby extending the current moratorium on such requirements for small businesses). | | Latest Action: 07/24/2007 - Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
Bill TextTo amend title I of the Employee Retirement Income Security Act of 1974 to require in the annual report of each defined benefit pension plan disclosure of plan investments in hedge funds. 6/12/2007--Introduced. Pension Security Act of 2007 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to require the financial statement filed with the annual report for a defined benefit pension plan covered by ERISA to include a separate schedule identifying each hedge fund (i.e., unregistered investment pool) in which plan funds are invested and the amount invested. | | Also tagged in: Administrative procedure, Computers, Credit insurance, Criminal justice, Criminal justice information, Data banks, Education, Elementary and secondary education, Executive departments, Finance, Fraud, Government information, Government paperwork, Government property, Government publicity, Higher education Latest Action: 06/06/2007 - Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Bill TextA bill to amend title 44, United States Code, to strengthen requirements related to security breaches of data involving the disclosure of sensitive personal information. 6/6/2007--Introduced. Federal Agency Data Breach Protection Act - Amends federal law governing public printing and documents to instruct the Director of Office of Management and Budget (OMB) to establish policies, procedures, and standards for agencies to follow in the event of a breach of data security involving disclosure of sensitive personal information for which harm to an individual could reasonably be expected to result.Requires such policies and procedures to include: (1) timely notification to individuals whose sensitive personal information could be compromised as a result of a breach; (2) guidance on determining how to provide timely notice; and (3) guidance regarding whether additional special actions are necessary and appropriate, including data breach analysis, fraud resolution services,[...] show full description | | Also tagged in: Advice and consent of the Senate, Air force, Air pollution, Airline employees, Appropriations, Armed forces, Army, Arrest, Auditing, Authorization, Awards, medals, prizes, Budgets, Central Intelligence Agency, Civil liberties, Civil service retirement, Classified defense information Latest Action: 10/03/2007 - Measure laid before Senate by unanimous consent. (consideration: CR S12456-12476; text of measure as reported in Senate: CR S12457-12474)
Bill TextAn original bill to authorize appropriations for fiscal year 2008 for the intelligence and intelligence-related activities of the United States Government, the Intelligence Community Management Account, and the Central Intelligence Agency Retirement and Disability System, and for other purposes. 6/26/2007--Reported to Senate amended. (There are 2 other summaries) Intelligence Authorization Act for Fiscal Year 2008 - Title I: Intelligence Activities - (Sec. 101) Authorizes appropriations for FY2008 for the conduct of intelligence and intelligence-related activities of the: (1) Office of the Director of National Intelligence (DNI); (2) Central Intelligence Agency (CIA); (3) Department of Defense (DOD); (4) Defense Intelligence Agency (DIA); (5) National Security Agency (NSA); (6) Departments of the Army, Navy, and Air Force; (7) Departments of State, the Treasury, Energy, and Justice; (8) Federal Bureau of Investigation (FBI); (9) National Reconnaissance [...] show full description | | Also tagged in: Advertising, Business, Business education, Cash management, Communications, Congressional reporting requirements, Counseling, Entrepreneurs, Finance, Financial services, Government information, Government publicity, Governmental investigations, Loans, Marketing, Nonprofit organizations Latest Action: 06/19/2007 - Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Bill TextTo reauthorize the women's entrepreneurial development programs of the Small Business Administration, and for other purposes. 6/18/2007--Passed House without amendment. (There is 1 other summary) (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.) SBA Women's Business Programs Act of 2007 - Title I: National Women's Business Council - Amends the Women's Business Ownership Act of 1988 to direct the National Women's Business Council to: (1) conduct at least one annual study that evaluates problems hindering the success of women entrepreneurs; and (2) report biannually on its initiatives, policies, programs, and plans. Title II: Women's Business Centers - Amends the Small Business Act relating to the women's business center program (program) to replace the five-year projects for the benefit of small businesses owned and controlled by women [...] show full description | | Also tagged in: Administrative procedure, Computers, Credit insurance, Criminal justice, Criminal justice information, Data banks, Education, Elementary and secondary education, Executive departments, Finance, Fraud, Government information, Government paperwork, Government property, Government publicity, Higher education Latest Action: 05/16/2007 - Referred to the Subcommittee on Government Management, Organization, and Procurement.
Bill TextTo amend title 44, United States Code, to strengthen requirements related to security breaches of data involving the disclosure of sensitive personal information. 5/3/2007--Introduced. Federal Agency Data Breach Protection Act - Amends federal law governing public printing and documents to instruct the Director of Office of Management and Budget (OMB) to establish policies, procedures, and standards for agencies to follow in the event of a breach of data security involving disclosure of sensitive personal information for which harm to an individual could reasonably be expected to result. Requires such policies and procedures to include: (1) timely notification to individuals whose sensitive personal information could be compromised as a result of a breach; (2) guidance on determining how to provide timely notice; and (3) guidance regarding whether additional special actions are necessary and appropriate, including data breach analysis, fraud resolution services, identity [...] show full description | | Also tagged in: Balanced budgets, Budget deficits, Budgets, Chief financial officers, Congress, Congressional reporting requirements, Executive departments, Executive reorganization, Federal-territorial relations, Government employees, Government information, Government paperwork, Government publicity, Governors, Local budgets, Local government Latest Action: 08/03/2007 - Read twice and referred to the Committee on Energy and Natural Resources.
Bill TextTo create the Office of Chief Financial Officer of the Government of the Virgin Islands, and for other purposes. 7/30/2007--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.) Requires the Governor of the Virgin Islands to appoint a Chief Financial Officer, with the advice and consent of the Legislature of the Virgin Islands, from a list required by this Act. States that if: (1) the Legislature has not confirmed a nominee within 90 days the Governor shall appoint an Acting Chief Financial Officer until the Legislature consents to a Chief Financial Officer; and (2) a Chief Financial Officer has not been appointed within 180 days the Virgin Islands Chief Financial Officer Search Commission shall appoint from such list an Acting Chief Financial Officer until a Chief Financial Officer is appointed. Sets forth the Chief Financial [...] show full description | | Also tagged in: Bank accounts, Bank deposits, Banks and banking, Consumer protection, Consumers, Credit unions, Debtor and creditor, Electronic data interchange, Finance, Fines (Penalties), Law, Saving and investment, Technology, Telecommunication Latest Action: 05/01/2007 - Sponsor introductory remarks on measure. (CR E898-899)
Bill TextTo sunset Federal laws and regulations which treat the American people like children by denying them the opportunity to make their own decision regarding control of their bank accounts and what type of information they wish to receive from their banks, and for other purposes. 5/1/2007--Introduced. Freedom to Bank Act - Terminates any provision of federal law (other than the Internal Revenue Code) that subjects a consumer to a penalty for withdrawing or transferring funds from any transaction account or any savings or time deposit. Declares that no creditor, depository institution, or credit union shall be required to provide periodic statements of account to a customer unless the customer has notified it of an election to receive such statements. Requires such entities to establish a procedure for notifying customers of their right to elect to receive statements of account and the method for implementing such election. | | Also tagged in: Actions and defenses, Administrative procedure, Bank records, Banks and banking, Class actions (Civil procedure), Commodity Futures Trading Commission, Computer security measures, Consumer credit, Consumer education, Consumer protection, Consumers, Credit bureaus, Crime prevention, Criminal justice, Data banks, Department of the Treasury Latest Action: 05/01/2007 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Bill TextA bill to protect information relating to consumers, to require notice of security breaches, and for other purposes. 5/1/2007--Introduced. Data Security Act of 2007 - Prescribes security procedures which an entity that maintains or communicates sensitive account or personal information must implement and enforce in order to protect the information from an unauthorized use likely to result in substantial harm or inconvenience to the consumer.Grants exclusive enforcement powers to specified federal regulatory agencies with oversight of financial institutions. Denies a private right of action, including a class action, regarding any act or practice regulated under this Act. Prohibits any civil or criminal action in state court or under state law relating to any act or practice governed under this Act. Prescribes data security standards to be implemented by federal agencies.Preempts state law with respect to the responsibilities of any person [...] show full description | | Also tagged in: Actions and defenses, Administrative procedure, Advertising, Business, Business records, Communications, Consumer credit, Consumer education, Consumer protection, Consumers, Contracts, Criminal justice, Criminal liability, Damages, Deceptive advertising, District courts Latest Action: 06/08/2007 - Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Bill TextTo amend the Consumer Credit Protection Act to assure meaningful disclosures of the terms of rental-purchase agreements, including disclosures of all costs to consumers under such agreements, to provide certain substantive rights to consumers under such agreements, and for other purposes. 3/29/2007--Introduced. Consumer Rental Purchase Agreement Act - Amends the Consumer Credit Protection Act to prescribe consumer protection guidelines for rental-purchase transactions, including: (1) the determination of rental-purchase cost; (2) disclosure requirements; (3) prohibitions against confessions of judgment, wage assignments, and waiver of consumer claims or defenses; (4) furnishing of statements of account; (5) point-of-rental disclosures; and (6) rental-purchase advertising disclosures. Declares that an action for civil liability may be brought against a merchant's assignee only if the violation is apparent on the face of a rental-purchase agreement to which it relates,[...] show full description | | Also tagged in: Administrative procedure, Auditing, Business, Corporate accountability, Corporate management, Corporation directors, Executive departments, Finance, Independent regulatory commissions, Information disclosure (Securities law), Law, Risk, Securities and Exchange Commission, Securities regulation, Small business Latest Action: 03/30/2007 - Sponsor introductory remarks on measure. (CR E701)
Bill TextTo improve the implementation of section 404 of the Sarbanes-Oxley Act of 2002. 3/29/2007--Introduced. Small Business Securities Protection Act - Amends the Sarbanes-Oxley Act of 2002 to instruct the Securities and Exchange Commission to prescribe rules that incorporate risk-based concepts in evaluating internal control over financial reporting for issuers. Requires such rules also to incorporate: (1) specific guidelines for measuring the terms "material," "reasonable," "significant," and "sufficient" in the context of internal control over financial reporting; (2) a requirement that the Public Company Accounting Oversight Board consider the efficiency of audit practices in its inspections; (3) alternative requirements for smaller issuers that reflect the relative size and complexity of smaller issuers, and the relative financial and manpower burdens placed on them in testing and documenting internal controls; and (4) revised [...] show full description | | Also tagged in: Actions and defenses, Administrative procedure, Advertising, Business, Business records, Communications, Consumer credit, Consumer education, Consumer protection, Consumers, Contracts, Criminal justice, Criminal liability, Damages, Deceptive advertising, District courts Latest Action: 03/28/2007 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Bill TextA bill to amend the Consumer Credit Protection Act to assure meaningful disclosures of the terms of rental-purchase agreements, including disclosures of all costs to consumers under such agreements, to provide certain substantive rights to consumers under such agreements, and for other purposes. 3/28/2007--Introduced. Consumer Rental-Purchase Agreement Act of 2007 - Amends the Consumer Credit Protection Act to prescribe consumer protection guidelines for rental-purchase transactions, including: (1) the determination of rental-purchase cost; (2) disclosure requirements; (3) prohibitions against confessions of judgment, wage assignments, and waiver of consumer claims or defenses; (4) furnishing of statements of account; (5) point-of-rental disclosures; and (6) rental-purchase advertising disclosures. Declares that an action for civil liability may be brought against a merchant's assignee only if the violation is apparent on the face of a rental-purchase agreement to which [...] show full description | | Also tagged in: Armed forces, Business, Business records, Civil liberties, Communications, Congressional reporting requirements, Counterintelligence, Counterterrorism, Court records, Criminal investigation, Criminal justice, Defense policy, Diplomacy, Electronic government information, Espionage, Evidence (Law) Latest Action: 03/28/2007 - Sponsor introductory remarks on measure. (CR E686)
Bill TextTo require the approval of a Foreign Intelligence Surveillance Court judge or designated United States Magistrate Judge for the issuance of a national security letter, to require the Attorney General to submit semiannual reports on national security letters, and for other purposes. 3/28/2007--Introduced. National Security Letter Judicial and Congressional Oversight Act - Prohibits a national security letter from issuing unless a Foreign Intelligence Surveillance Court or a designated U.S. Magistrate Judge finds that: (1) the information sought is relevant to an authorized investigation to protect against international terrorism or clandestine intelligence activities; (2) such an investigation of a U.S. person is not conducted soley upon the basis of activities protected by the first amendment to the Constitution; and (3) there are specific and articulable facts giving reason to believe that the information sought pertains to a foreign power or an agent of a foreign power. [...] show full description | | Also tagged in: Actions and defenses, Administrative procedure, Bank records, Banks and banking, Class actions (Civil procedure), Commodity Futures Trading Commission, Computer security measures, Consumer credit, Consumer education, Consumer protection, Consumers, Credit bureaus, Crime prevention, Criminal justice, Data banks, Department of the Treasury Latest Action: 03/27/2007 - Referred to the Subcommittee on Commerce, Trade and Consumer Protection.
Bill TextTo protect information relating to consumers, to require notice of security breaches, and for other purposes. 3/26/2007--Introduced. Data Security Act of 2007 - Prescribes security procedures which an entity that maintains or communicates sensitive account or personal information must implement and enforce in order to protect the information from an unauthorized use likely to result in substantial harm or inconvenience to the consumer. Grants exclusive enforcement powers to specified federal regulatory agencies with oversight of financial institutions. Denies a private right of action, including a class action, regarding any act or practice regulated under this Act. Prohibits any civil or criminal action in state court or under state law relating to any act or practice governed under this Act. Prescribes data security standards to be implemented by federal agencies. Expresses the sense of the Congress that federal regulators shall make every [...] show full description | | Also tagged in: Administrative procedure, Administrative remedies, Auditing, Budgets, Child development, Child health, Children, Community and school, Department of Health and Human Services, Education, Education of the disadvantaged, Educational accountability, Elementary and secondary education, Executive departments, Families, Federal aid to education Latest Action: 06/27/2007 - Referred to the Subcommittee on Early Childhood, Elementary, and Secondary Education.
Bill TextTo amend the Head Start Act to provide greater accountability for Head Start agencies. 3/21/2007--Introduced. Head Start Accountability Act of 2007 - Amends the Head Start Act to require additional accountability measures for Head Start agencies, including: (1) agency designation period limits; (2) revised redesignation priorities; (3) local oversight boards; (4) revised administrative and financial management standards; (5) delegate agency evaluations and corrective actions; (6) shorter deadlines for agency corrective actions; (7) revised notice and hearing procedures for assistance suspensions, terminations, or reductions; and (8) annual audits. Prohibits recipients from using Head Start assistance to appeal any decision of the Secretary of Health and Human Services under the Act. | | Also tagged in: Administrative fees, Business, Business insurance, Casualty insurance, Commercial arbitration, Congress, Congressional investigations, Congressional reporting requirements, Contracts, Data banks, Federal preemption, Finance, Government information, Government paperwork, Insurance, Insurance agents Latest Action: 03/20/2007 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Bill TextA bill to streamline the regulation of nonadmitted insurance and reinsurance, and for other purposes. 3/20/2007--Introduced. Nonadmitted and Reinsurance Reform Act of 2007 - Prohibits any state other than the home state of an insured from requiring a premium tax payment for nonadmitted insurance. Authorizes states to enter into procedures to allocate among themselves the premium taxes paid to an insured's home state. Allows an insured's home state to require surplus lines brokers and certain insureds to file annually tax allocation reports detailing the portion of the nonadmitted insurance premiums attributable to properties, risks, or exposures located in each state. Declares that Congress intends that each state adopt a nationwide or uniform procedure that provides for the reporting, payment, collection, and allocation of premium taxes for nonadmitted insurance. Subjects nonadmitted insurance solely to the regulatory requirements of the insured's [...] show full description | | Also tagged in: Administrative procedure, Bank holding companies, Bank management, Banks and banking, Corporate accountability, Corporate management, Executive departments, Finance, Government information, Government paperwork, Independent regulatory commissions, Information disclosure (Securities law), Law, Savings and loan associations, Securities and Exchange Commission, Securities regulation Latest Action: 03/15/2007 - Referred to the House Committee on Financial Services.
Bill TextTo reduce the reporting and certification burdens for certain financial institutions of sections 302 and 404 of the Sarbanes-Oxley Act of 2002. 3/15/2007--Introduced. Regulatory Relief and Fairness Act - Amends the Sarbanes-Oxley Act of 2002 to require rules of the Securities and Exchange Commission (SEC) to permit an insured depository institution, a bank holding company, or a savings and loan holding company to elect voluntarily not to provide otherwise mandatory certifications regarding its quarterly or annual reports or its management assessment of internal controls. | | Also tagged in: Accounting, Auditing, Business, Competition, Conflict of interests, Congress, Congressional reporting requirements, Corporate finance, Corporation reports, Europe, Finance, Governmental investigations, Information disclosure (Securities law), Investors, Legislation, Securities regulation Latest Action: 03/14/2007 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Bill TextA bill to reform certain provisions of section 404 of the Sarbanes-Oxley Act of 2002, to make compliance with that section more efficient, with the goal of maintaining United States capital market global competitiveness. 3/14/2007--Introduced. Competitive and Open Markets That Protect and Enhance the Treatment of Entrepreneurs Act of 2007, or the Compete Act of 2007 - Amends the Sarbanes-Oxley Act of 2002 (Sarbanes-Oxley) to revise requirements for the internal control assessment component of a securities issuer's annual report.Requires the attestation and report by a registered public accounting firm on an issuer's management assessment of its internal control structure and procedures to focus upon the process and system used by management to identify and manage risks, identify and implement key controls, and come to a conclusion on the effectiveness of the internal controls over financial reporting. Prohibits an auditor's attestation and report from including [...] show full description | | Also tagged in: Accounting, Administrative procedure, Auditing, Business, Competition, Conflict of interests, Congress, Congressional reporting requirements, Corporate finance, Corporation reports, Economic concentration, Europe, Executive departments, Finance, Governmental investigations, Independent regulatory commissions Latest Action: 03/13/2007 - Referred to the House Committee on Financial Services.
Bill TextTo reform certain provisions of section 404 of the Sarbanes-Oxley Act of 2002 to make compliance with that section more efficient, with the goal of maintaining United States capital market global competitiveness. 3/13/2007--Introduced. Compete Act of 2007 - Amends the Sarbanes-Oxley Act of 2002 to revise requirements for the internal control assessment component of a securities issuer's annual report. Requires the attestation and report by a registered public accounting firm on an issuer's management assessment of its internal control structure and procedures to focus upon the process and system used by management to identify and manage risks, identify and implement key controls, and come to a conclusion on the effectiveness of the internal controls over financial reporting. Prohibits an auditor's attestation and report from including a separate (pass/fail) opinion on the effectiveness of such internal controls. Requires such attestation and report to [...] show full description | | Also tagged in: Accounting, Administrative procedure, Associations, institutions, etc., Auditing, Business, Business records, Congress, Congressional committees (House), Congressional committees (Senate), Congressional reporting requirements, Congressional witnesses, Corporate finance, Executive departments, Federal officials, Finance, Government employees Latest Action: 03/09/2007 - Sponsor introductory remarks on measure. (CR S2973)
Bill TextA bill to require annual testimony before Congress by the Securities and Exchange Commission, the Financial Accounting Standards Board, and the Public Company Accounting Oversight Board, relating to efforts to promote transparency in financial reporting. 3/9/2007--Introduced. Promoting Transparency in Financial Reporting Act of 2007 - Requires the Securities and Exchange Commission (SEC), the Financial Accounting Standards Board, and the Public Company Accounting Oversight Board to provide oral testimony by their respective chairpersons (or a designee), beginning in 2007, and annually for five years, to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives on their efforts to reduce the complexity in financial reporting, so that investors are provided with more accurate and clear financial information. | | Also tagged in: Academic performance, Accounting, Administrative remedies, Air pollution, Alabama, Alaska, Architecture and the disabled, Armed forces, Arts, Auditing, Authorization, Black colleges, Budgets, Business, Child abuse, Child development Latest Action: 12/12/2007 - Signed by President.
Bill TextTo reauthorize the Head Start Act, to improve program quality, to expand access, and for other purposes. 12/12/2007--Public Law. (There are 5 other summaries) (This measure has not been amended since the Conference Report was filed in the House on November 14, 2007. The summary of that version is repeated here.) Improving Head Start for School Readiness Act of 2007 - Amends the Head Start Act (the Act) to revise and reauthorize Head Start programs. (Sec. 2) Includes among the aims of Head Start programs children's growth in language, literacy, mathematics, science, social and emotional functioning, creative arts, physical skills, and approaches to learning. (Sec. 3) Includes community-based organizations and financial literacy training within the definitions of Head Start delegate agencies and family literacy services, respectively. Adds definitions of Head Start deficiencies, homeless children, institutions of higher education,[...] 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: Administrative procedure, Business, Corporate accountability, Corporate finance, Data banks, Executive departments, Finance, Income tax, Independent regulatory commissions, Information disclosure (Securities law), Law, Securities and Exchange Commission, Securities regulation, Tax returns, Technology Latest Action: 04/13/2007 - Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.
Bill TextTo require corporate income reported to the Internal Revenue Service to be included in annual reports to the Securities and Exchange Commission. 3/6/2007--Introduced. Honest Income Disclosure Act - Amends the Securities Exchange Act of 1934 to instruct the Securities and Exchange Commission (SEC) to issue revised regulations requiring certain mandatory annual reports to include the income reported by the issuer to the Internal Revenue Service for the most recent taxable year, presented in a prominent location and in a manner that permits a ready comparison of such income to income otherwise required to be included. Requires such information to be: (1) suitable for entry into the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR); and (2) immediately available via that system, upon receipt. | | Latest Action: 05/03/2007 - Signed by President.
Bill TextTo amend the Ethics in Government Act of 1978 to extend the authority to withhold from public availability a financial disclosure report filed by an individual who is a judicial officer or judicial employee, to the extent necessary to protect the safety of that individual or a family member of that individual, and for other purposes. 5/3/2007--Public Law. (There are 4 other summaries) (This measure has not been amended since it was introduced. The summary of that version is repeated here.) Judicial Disclosure Responsibility Act - Amends the Ethics in Government Act of 1978 to: (1) restrict disclosure of personal information about family members of judges whose revelation might endanger them; and (2) extend through 2009 the authority of the Judicial Conference to redact certain personal information of judges from financial disclosure reports.Specifies addition types of information the Administrative Council of the U.S. Courts must [...] show full description | | Also tagged in: Administrative fees, Business, Business insurance, Casualty insurance, Commercial arbitration, Congress, Congressional investigations, Congressional reporting requirements, Contracts, Data banks, Federal preemption, Finance, Government information, Government paperwork, Insurance, Insurance agents Latest Action: 06/26/2007 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Bill TextTo streamline the regulation of nonadmitted insurance and reinsurance, and for other purposes. 6/25/2007--Passed House without amendment. (There is 1 other summary) (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.) Nonadmitted and Reinsurance Reform Act of 2007 - Title I: Nonadmitted Insurance - (Sec. 101) Prohibits any state other than the home state of an insured from requiring a premium tax payment for nonadmitted insurance. Authorizes states to enter into procedures to allocate among themselves the premium taxes paid to an insured's home state. Declares that Congress intends that each state adopt a nationwide or uniform procedure that provides for the reporting, payment, collection, and allocation of premium taxes for nonadmitted insurance. Allows an insured's home state to require surplus lines brokers and certain insureds to file [...] show full description | | Also tagged in: Administrative fees, Aged, Aliens, Annuities, Bonds, Budget deficits, Budget reconciliation, Budget resolutions, Budget surpluses, Budgets, Caregivers, Children, Civil service retirement, Congress, Congressional reporting requirements, Congressional voting Latest Action: 03/13/2007 - Referred to the Subcommittee on Social Security.
Bill TextTo amend the Social Security Act and the Internal Revenue Code of 1986 to preserve and strengthen the Social Security Program through the creation of personal Social Security guarantee accounts ensuring full benefits for all workers and their families, restoring long-term Social Security solvency, to make certain benefit improvements, and for other purposes. 2/15/2007--Introduced. Social Security Guarantee Plus Act of 2007 - Amends the Internal Revenue Code (IRC) and title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act (SSA) to establish a Social Security Guarantee Program, to be administered by a Social Security Guarantee Board established within the Social Security Administration. Authorizes any individual age 18 with a Social Security number to elect to enroll as a covered individual and receive in the Social Security guarantee account established for him or her by the Board a calendar year payment of Social Security guarantee refundable [...] show full description | | Also tagged in: Accounting, Actions and defenses, Administrative fees, Administrative procedure, Advice and consent of the Senate, Auditing, Budgets, Business, Congress, Corporate management, Cost control, Executive departments, Finance, Independent regulatory commissions, Information disclosure (Securities law), Law Latest Action: 04/13/2007 - Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.
Bill TextTo reduce the unintended costs and burdens that the Sarbanes-Oxley Act of 2002 imposes on United States businesses, while maintaining that Act's goals of bolstering confidence in the integrity of publicly held companies. 2/14/2007--Introduced. Amend Misinterpreted Excessive Regulation In Corporate America Act - Amends the Sarbanes-Oxley Act of 2002 to direct the Public Company Accounting Oversight Board to appoint an ombudsman to act as a liaison between the Board and any registered public accounting firm or issuer regarding: (1) issues or disputes concerning the preparation or issuance of any audit report with respect to that issuer; and (2) problems resulting from Board regulatory activities, particularly implementation of management assessment of internal controls. Revises requirements governing appointment of Board members. Provides for Presidential appointment of Board members, by and with the advice and consent of the Senate. Declares that Congress reserves [...] show full description | | Also tagged in: Actions and defenses, Budgets, Business, Cemeteries and funerals, Children, Collection of accounts, Compensation for victims of crime, Court records, Criminal justice, Criminal procedure, Damages, Day care, District courts, Evidence (Law), Finance, Forfeiture Latest Action: 02/06/2007 - Referred to the House Committee on the Judiciary.
Bill TextTo improve and consolidate the law relating to restitution in criminal cases. 2/6/2007--Introduced. Criminal Restitution Improvement Act of 2007 - Amends the federal criminal code to: (1) make restitution mandatory for federal crimes resulting in pecuniary loss to identifiable victims, including loss proximately resulting from such crimes; (2) expand the extent of such restitution to include the victim's costs related to the investigation or prosecution of the underlying crime; (3) permit disclosure to crime victims of portions of pre-sentence reports relating to restitution; (4) require courts to enter orders requiring immediate payment of full restitution; (5) prohibit termination of supervised release or probation for convicts with unsatisfied orders of restitution; (6) expand forfeiture provisions to require the forfeiture of any profits made possible by a criminal offense; (7) require courts to enter protective orders to preserve assets available for restitution; and [...] show full description | | Also tagged in: Accounting, Administrative procedure, Associations, institutions, etc., Auditing, Business, Business records, Congress, Congressional committees (House), Congressional reporting requirements, Congressional witnesses, Corporate finance, Executive departments, Federal officials, Finance, Government employees, Government information 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 require annual oral testimony before the Financial Services Committee of the Chairperson or a designee of the Chairperson of the Securities and Exchange Commission, the Financial Accounting Standards Board, and the Public Company Accounting Oversight Board, relating to their efforts to promote transparency in financial reporting. 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.) Promoting Transparency in Financial Reporting Act of 2007 - Requires the Securities and Exchange Commission (SEC), the Financial Accounting Standards Board, and the Public Company Accounting Oversight Board to provide oral testimony by their respective Chairpersons (or a designee), beginning in 2007, and annually for five years, to the Committee on Financial Services of the House of Representatives on their efforts to reduce the complexity [...] show full description | | Also tagged in: Administrative procedure, Bank examination, Bank holding companies, Business, Corporate finance, Executive departments, Federal Deposit Insurance Corporation, Finance, Government corporations, Government information, Government paperwork, Law, Subsidiary corporations Latest Action: 05/22/2007 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Bill TextTo amend the Federal Deposit Insurance Act to establish industrial bank holding company regulation, and for other purposes. 5/21/2007--Passed House amended. (There are 2 other summaries) Industrial Bank Holding Company Act of 2007 - Amends the Federal Deposit Insurance Act (FDIA) to apply the bank share or asset acquisition requirements of the Bank Holding Company Act of 1956 to any company that is or would become an industrial bank holding company. States that an application filed to acquire control of an industrial bank shall be treated as an application for a deposit facility. Subjects an industrial bank to Federal Deposit Insurance Corporation (FDIC) requirements regarding registration, reporting, and bank examinations. Authorizes the FDIC to accept reports that an industrial bank holding company or its subsidiary has provided to another federal or state supervisor or to any appropriate self-regulatory organization. Prohibits [...] show full description | | Also tagged in: Civil liberties, Computer networks, Computer security measures, Criminal justice, Criminal justice information, Data banks, Encryption, Federal employees, Finance, Financial disclosure, Government contractors, Government employees, Government information, Government paperwork, Identification devices, Income tax Latest Action: 03/23/2007 - Referred to the Subcommittee on Information Policy, Census, and National Archives.
Bill TextTo increase the security of sensitive data maintained by the Federal Government. 1/17/2007--Introduced. Federal Agency Data Privacy Protection Act - Sets forth requirements: (1) for the use of encryption for sensitive data maintained by the federal government; (2) relating to access by agency personnel to sensitive data; and (3) relating to government contractors and their employees involving sensitive data. | | Also tagged in: Congress, Congressional elections, Congressional reporting requirements, Election candidates, Elections, Electronic government information, Finance, Government information, Government paperwork, Politics and government, Senate, Technology, Telecommunication Latest Action: 04/26/2007 - Sponsor introductory remarks on measure. (CR S5155-5156)
Bill TextA bill to require Senate candidates to file designations, statements, and reports in electronic form. 3/28/2007--Reported to Senate amended. (There is 1 other summary) Senate Campaign Disclosure Parity Act - Amends the Federal Election Campaign Act of 1971 to require Senate candidates to file election-related designations, statements, and reports in electronic form. Requires the Secretary of the Senate to forward a copy of any electronically filed designation, statement, or report to the Federal Election Commission within one working day (instead of the current two working days) after receiving it. | | Latest Action: 02/08/2007 - Signed by President.
Bill TextTo provide a new effective date for the applicability of certain provisions of law to Public Law 105-331. 2/8/2007--Public Law. (There are 2 other summaries) (This measure has not been amended since it was introduced. The summary of that version is repeated here.) Revises the effective date for mandatory deposit in the Treasury as miscellaneous receipts of any amount derived from proceeds of the surcharge on the sale of the Thomas Alva Edison Commemorative Coin, under the Thomas Alva Edison Commemorative Coin Act, which remains unpaid to a designated recipient organization solely by reason of a specified matching fund requirement. Postpones the effective date of such requirement until July 1, 2007. |
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