Top Legislation - View All
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.
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, Inspectors general, Intelligence activities, Licenses, Medical care, Medical records, Medicine, Politics and government, Public contracts, Right of privacy, Social security, Social security numbers, Tax returns, Taxation, Technology, Telecommunication
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: 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: 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, Government paperwork, House Financial Services, Independent regulatory commissions, Information disclosure (Securities law), Interactive media, Investors, Law, Nonprofit organizations, Securities and Exchange Commission, Social services, Standards, Technology
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: 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, Fraud, Government information, Government paperwork, Government trust funds, Jurisdiction, Law, Legal fees, Liability (Law), Liens, Losses, Medical care, Medical fees, Medicine, Parties to actions, Pretrial procedure, Probation, Profit, Searches and seizures, Sentences (Criminal procedure), Surety and fidelity, Transportation, Travel costs, Victims of crimes, Warrants (Law)
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 committees (Senate), Congressional reporting requirements, Congressional witnesses, Corporate finance, Executive departments, Federal officials, Finance, Government employees, Government information, Government paperwork, House Financial Services, Independent regulatory commissions, Information disclosure (Securities law), Interactive media, Investors, Law, Nonprofit organizations, Securities and Exchange Commission, Senate Banking, Housing, and Urban Affairs, Social services, Standards, Technology
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: 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, Small business, Standards, United Kingdom
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: 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, Insurance companies, Insurance premiums, Interstate compacts, Interstate relations, Law, Licenses, Property insurance, Reinsurance, State and local government, State laws, State taxation, Tax returns, Taxation, Technology
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: 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, Nonprofit organizations, Ombudsman, Presidential appointments, Presidents, Risk, Securities and Exchange Commission, Social services
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: 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, Insurance companies, Insurance premiums, Interstate compacts, Interstate relations, Law, Licenses, Property insurance, Reinsurance, State and local government, State laws, State taxation, Tax returns, Taxation, Technology
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
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Latest Legislation - View All
Also tagged in: Affiliated corporations, Business, Business records, Congress, Congressional reporting requirements, Corporations, Finance, Fines (Penalties), Government information, Government paperwork, Government publicity, Governmental investigations, Income tax, Law, Securities regulation, Tax penalties, Tax returns, Taxation
Latest Action: 10/01/2008 - Read twice and referred to the Committee on Finance. Bill TextA 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 [...] 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, Signs and symbols, Small business, Social services, Subsidies, Women, Women in business
Latest Action: 07/14/2008 - Read twice and referred to the Committee on Small Business and Entrepreneurship. Bill TextA bill to reauthorize the women's entrepreneurial development programs of the Small Business Administration, and for other purposes. 7/14/2008--Introduced. SBA Women's Business Programs Act of 2008 - 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. 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 with a three-tiered program of five-year (first tier), three-year (second tier), and three-year (third tier) projects, with each tier commencing after the previous tier is being completed. Revises matching funds requirements for such projects. States that organizations that have conducted projects [...] show full description
Also tagged in: Administrative procedure, Armed forces, Budgets, Business, Business ethics, Conflict of interests, Congress, Congressional reporting requirements, Corporate accountability, Corporation taxes, Data banks, Defense economics, Defense procurement, Department of Defense, Department of Homeland Security, Executive departments, Federal budgets, Finance, Government contractors, Government information, Government paperwork, Government publicity, Governmental investigations, Income tax, Information disclosure (Securities law), Inspectors general, Internet, Law, Office of Management and Budget, Performance measurement, Politics and government, Public contracts, Tax evasion, Taxation, Taxation of foreign income, Technology, Web sites
Latest Action: 06/16/2008 - Read twice and referred to the Committee on Homeland Security and Governmental Affairs. Bill TextA bill to provide for greater accountability and transparency in the Federal contracting process, and for other purposes. 6/16/2008--Introduced. Oversight of the Performance and Effectiveness of National Contracting Act of 2008 - States the policy of the U.S. government concerning the award of contracts or grants to companies organized in an offshore secrecy jurisdiction to avoid federal tax obligations. Prohibits such awards. Requires the Director of the Office of Management and Budget (OMB) and the Secretary of the Treasury to adopt and revise regulations and guidance as necessary to effect this prohibition.Prohibits for one year (with exceptions) entry into or approval of any contract or subcontract with a company that files periodic reports under the Securities Exchange Act of 1934 and that has failed to certify the most recently due financial report as required by the Sarbanes-Oxley Act of 2002.Prohibits award of a contract with an executive agency unless [...] show full description
Also tagged in: Airline employees, Armed forces, Auditing, Authorization, Budgets, Central Intelligence Agency, Chief financial officers, Civil liberties, Civil service retirement, Classified defense information, Coast guard, Communications, Confidential funding (Federal budgets), Conflict of interests, Congress, Congressional agencies, Congressional oversight, Congressional reorganization, Congressional reporting requirements, Cost accounting, Counterintelligence, Covert operations, Criminal investigation, Criminal justice, Crisis management, Defense policy, Delegation of powers, Department of Defense, Department of Energy, Department of Homeland Security, Department of Justice, Department of State, Department of the Treasury, Detention of persons, Director of National Intelligence, Drug abuse, Drug Enforcement Administration (DEA), Drug law enforcement, Education, Employee training, Executive departments, Executive reorganization, Federal advisory bodies, Federal aid to education, Federal Bureau of Investigation (FBI), Federal employees, Federal officials, Finance, Foreign policy, Gifts, Government contractors, Government employees, Government information, Government procurement, Government publicity, Government travel, Governmental investigations, Higher education, Human rights, Information leaking, Inspectors general, Intelligence activities, Intelligence community staff, Intelligence officers, Intelligence services, International affairs, Job training, Language and languages, Management information systems, Military intelligence, Missile warheads, Nuclear security measures, Pensions, Performance measurement, Personnel management, Photography, Politics and government, Public contracts, Reconnaissance satellites, Reprogramming of appropriated funds, Research and development, Right of privacy, Salaries, Scholarships, Science policy, Sentences (Criminal procedure), Space activities, Strategic forces, Suspects' rights, Technology, Terrorism, Torture, Transfer of employees, Transportation, Transportation safety, Undercover operations, United Nations, Weapons of mass destruction, Weapons systems
Latest Action: 05/08/2008 - Select Committee on Intelligence. Original measure reported to Senate by Senator Rockefeller. With written report No. 110-333. Additional and Minority views filed. Bill TextAn original bill to authorize appropriations for fiscal year 2009 for intelligence and intelligence-related activities of the United States Government, the Community Management Account, and the Central Intelligence Agency Retirement and Disability System, and for other purposes. 5/8/2008--Reported to Senate 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.)Intelligence Authorization Act for Fiscal Year 2009 - Title I: Budget and Personnel Authorizations - (Sec. 101) Authorizes appropriations for FY2009 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,[...] show full description
Also tagged in: Afghanistan, Aged, Armed forces, Arms control, Arms sales, Auditing, Authorization, Awards, medals, prizes, Budgets, Central Intelligence Agency, China, Civil liberties, Civil rights, Civil service retirement, Classified defense information, Coast guard, Commemorations, Common carriers, Communications, Computer security measures, Confidential funding (Federal budgets), Congress, Congressional reporting requirements, Constitution, Counterintelligence, Criminal justice, Defense contracts, Defense economics, Defense policy, Department of Defense, Department of Energy, Department of Homeland Security, Department of Justice, Department of State, Department of the Treasury, Detention of persons, Director of National Intelligence, Drug abuse, Drug Enforcement Administration (DEA), Drug law enforcement, East Asia, Education, Employee training, Energy, Energy conservation, Energy efficiency, Espionage, Executive departments, Executive reorganization, Export controls, Federal aid to education, Federal Bureau of Investigation (FBI), Federal employees, Finance, Fines (Penalties), Foreign policy, Gifts, Government contractors, Government employees, Government information, Government paperwork, Government travel, Higher education, Human rights, Information leaking, Infrastructure, Infrastructure (Economics), Inspectors general, Intelligence activities, Intelligence community staff, Intelligence officers, Intelligence services, International affairs, Iran, Iraq, Iraq compilation, Job training, Language and languages, Mandatory retirement, Middle East and North Africa, Military intelligence, Military occupation, Military operations, Minorities in government, Minority employment, North Korea, Nuclear exports, Nuclear nonproliferation, Nuclear weapons, Official secrets, Ombudsman, Pensions, Personnel management, Police questioning, Politics and government, Prisoners of war, Prisoners' rights, Public contracts, Recruiting of employees, Research and development, Salaries, Scholarships, Science policy, Security clearances, Security measures, South Asia, Suspects' rights, Syria, Technology, Technology transfer, Telecommunication, Terrorism, Torture, Trade, Transfer of employees, Transportation, Undercover operations, Weapons of mass destruction, Weapons systems, Women in government, Women's employment
Latest Action: 07/17/2008 - Committee Consideration and Mark-up Session Held. Bill TextTo authorize appropriations for fiscal year 2009 for intelligence and intelligence-related activities of the United States Government, the Community Management Account, and the Central Intelligence Agency Retirement and Disability System, and for other purposes. 7/16/2008--Passed House amended. (There is 1 other summary) Intelligence Authorization Act for Fiscal Year 2009 - Title I: Budget and Personnel Authorizations - (Sec. 101) Authorizes appropriations for FY2009 for the conduct of intelligence and intelligence-related activities of the: (1) Office of the Director of National Intelligence; (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) Coast Guard; (8) Departments of State, the Treasury, Energy, and Justice; (9) Federal Bureau of Investigation (FBI); (10) Drug Enforcement Administration [...] show full description
Also tagged in: Access to health care, Accreditation (Medical care), Administrative fees, Administrative procedure, Bankruptcy, Budgets, Business, Case management, Chambers of commerce, Civil rights, Clergy, Coinsurance, Collective bargaining, Communication in medicine, Communications, Computer networks, Congress, Congressional reporting requirements, Consumer education, Consumers, Cost of living adjustments, Costs, Criminal justice, Delegation of powers, Department of Health and Human Services, Department of Labor, Disabled, Discrimination in insurance, Discrimination in medical care, Drugs, Economic policy, Education, Emergency management, Emergency medicine, Employee health benefits, Executive departments, Federal advisory bodies, Federal preemption, Federal-state relations, Finance, Fines (Penalties), Government information, Government paperwork, Government trust funds, Grants-in-aid, Health care fraud, Health insurance, Health maintenance organizations, Health policy, Higher education, Income tax, Indexing (Economic policy), Injunctions, Insurance agents, Insurance premiums, Internet, Labor, Labor contracts, Labor unions, Law, Licenses, Managed care, Medical care, Medical economics, Medical personnel, Medical savings accounts, Medically uninsured, Medicine, Patient satisfaction, Preferred provider organizations (Medical care), Preventive medicine, Professional associations, Quality of care, Reinsurance, Religion, Religious education, Sales promotion, Small business, State and local government, State laws, State taxation, Students, Subsidies, Tax credits, Tax exclusion, Tax refunds, Taxation, Technology, Telecommunication, Trade associations, Trusts and trustees, User charges
Latest Action: 05/07/2008 - Referred to the Subcommittee on Health. Bill TextTo amend the Internal Revenue Code of 1986 to allow individuals a refundable and advancable credit against income tax for health insurance costs, to allow employees who elect not to participate in employer subsidized health plans an exclusion from gross income for employer payments in lieu of such participations, and for other purposes. 4/29/2008--Introduced. Patients' Health Care Reform Act - Amends the Public Health Service Act to provide for the establishment and governance of : (1) HealthMarts, which are nonprofit organizations that offer health benefits coverage to employers, employees, and individuals through contracts with health insurance issuers; and (2) individual membership associations (IMAs), which are organizations that offer health benefits coverage to members through health insurance issuer contracts. Requires the Secretary of Heath and Human Services to pay 50% of a state's costs to provide health benefits coverage under a high-risk pool, a reinsurance [...] show full description
Also tagged in: Actions and defenses, Finance, Fines (Penalties), Government information, Government paperwork, Industrial relations, Injunctions, Labor, Labor unions, Law, Trusts and trustees
Latest Action: 04/17/2008 - Read twice and referred to the Committee on Health, Education, Labor, and Pensions. Bill TextA bill to amend the Labor-Management Reporting and Disclosure Act of 1959 to provide for specified civil penalties for violations of that Act, and for other purposes. 4/17/2008--Introduced. Labor Management Reporting and Disclosure Enforcement Act of 2008 - Amends the Labor-Management Reporting and Disclosure Act of 1959 (Landrum-Griffin Act) to make a labor organization liable to any of its members for a civil money penalty of up to $250 for each day that it fails to provide such member information regarding the organization's constitution, bylaws, organization report, and annual financial report, including any books, records, and accounts necessary to verify such reports. Authorizes the Secretary of Labor to bring an action in U.S. district court for injunctive relief and enforcement of administrative penalties against any person who has violated or is about to violate any reporting requirements of such Act, including those applying to a labor organization which has [...] show full description
Also tagged in: Accounting, Administrative procedure, Armed forces, Business, Consultants, Corporate mergers, Defense contracts, Defense economics, Executive compensation, Executive departments, Finance, Fringe benefits, Golden parachutes, Government contractors, Independent regulatory commissions, Information disclosure (Securities law), Law, Profit, Public contracts, Securities and Exchange Commission, Securities regulation, Stockholders, Tax-deferred compensation plans, Taxation
Latest Action: 04/15/2008 - Read twice and referred to the Committee on Finance. Bill TextA bill to require greater disclosure of senior corporate officer compensation, to empower shareholders and investors to protect themselves from fraud, to limit conflicts of interest in determining senior corporate officer compensation, to ensure integrity in Federal contracting, to close corporate tax loopholes utilized to subsidize senior corporate officer compensation, and for other purposes. 4/15/2008--Introduced. Corporate Executive Compensation Accountability and Transparency Act - Amends the Internal Revenue Code to the limit annual aggregate amounts which may be deferred under nonqualified deferred compensation arrangements. Amends the Sarbanes-Oxley Act of 2002 to extend from 12 to 36 months the look-back period for any bonuses, incentive-based or equity-based compensation, or profits realized from the sale of securities which must be reimbursed to a securities issuer by its chief executive officer and chief financial officer if the issuer is required to prepare [...] show full description
Also tagged in: Bermuda, Business, Business records, Caribbean area, Corporate governance, Corporation directors, Europe, Federal preemption, Finance, Government information, Government paperwork, Injunctions, Insurance companies, Law, Liability insurance, Property insurance, Standards, State and local government, State laws, Trusts and trustees, United Kingdom
Latest Action: 07/09/2008 - Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises. Bill TextTo amend the Liability Risk Retention Act of 1986 to increase insurance competition and available coverage for consumers. 4/15/2008--Introduced. Increasing Insurance Coverage Options for Consumers Act of 2008 - Amends the Liability Risk Retention Act of 1986 to cover risk retention groups offering commercial property insurance. Applies the exemption of purchasing groups from state law to commercial property insurance. Terminates the inclusion in risk retention groups under the Act of any such group chartered, licensed, or authorized under the laws of Bermuda or the Cayman Islands. Prescribes general corporate governance standards for such groups, together with license or charter criteria regarding state examination authority and minimum requirements for safety and soundness. Prohibits a risk retention group from participating in an insurance insolvency guaranty association that includes participants other than risk retention groups. Revises procedures [...] show full description
Also tagged in: Appropriations, Budgets, Congress, Congressional agencies, Congressional investigations, Congressional reporting requirements, Congressional Research Service, Executive departments, Federal libraries, Government information, Government publicity, Income tax, Internet, Legislation, Library of Congress, Tariff, Tax credits, Tax deductions, Tax exclusion, Tax preferences, Taxation, Taxpayers, Technology, Telecommunication, Trade, Web sites
Latest Action: 04/14/2008 - Sponsor introductory remarks on measure. (CR S2977-2978) Bill TextA bill to provide increased accessibility to information on Federal spending, and for other purposes. 4/14/2008--Introduced. Federal Spending and Taxpayer Accessibility Act - Directs the Congressional Research Service (CRS) to create a free public Internet website that includes data for fiscal years after FY2007 and allows the user to search specified information on each federal earmark, including the intended recipient, total dollar amount, the sponsoring Member of Congress, and the status of the bill to which it is attached. Requires the Secretary of the Treasury to provide, upon an eligible individual's request, his or her taxpayer account statement. Requires the Director of the Office of Management and Budget (OMB) to include the financial outlays exceeding $25,000 of all federal agencies for fiscal years after FY2008 on the Internet website established by the Federal Funding Accountability and Transparency Act of 2006. Declares that nothing in this [...] show full description
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