Top Legislation - View All
Also tagged in: Administrative procedure, Air pollution, Air pollution control, Alcohol as fuel, Alternative energy sources, Arctic Ocean, Arctic regions, Automobile engines, Automobile industry, Biological diversity, Budgets, Business, Carbon cycle, Carbon dioxide, Climate change, Cogeneration of electric power and heat, Congress, Congressional reporting requirements, Coral reefs, Department of Commerce, Droughts, Economic growth, Economic impact statements, Economic policy, Ecosystem management, Electric power plants, Electric utilities, Electric vehicles, Emissions trading, Energy, Energy conservation, Energy consumption, Energy efficiency, Environmental monitoring, Environmental protection, Environmental Protection Agency, Environmental research, Executive departments, Executive reorganization, Fines (Penalties), Floods, Fluorocarbons, Foreign policy, Fuel cells, Fuel consumption, Gasoline, Government information, Government paperwork, Government publicity, Government trust funds, Governmental investigations, Greenhouse gases, Hurricanes, Hydrology, Income tax, Information disclosure (Securities law), International affairs, International environmental cooperation, Law, Marine ecology, Marine resources, Methane, Motor vehicle pollution control, Natural resources, Negotiations, Nitrogen oxides, Petroleum industry, Research and development, Science policy, Sea level, Securities and Exchange Commission, Service stations, Standards, Storms, Sulphur, Tax credits, Taxation, Technological innovations, Technology, Technology transfer, Tornadoes, Transportation, Treaties, Tsunamis, Water resources, Weather
Latest Action: 02/01/2007 - Read twice and referred to the Committee on Finance. Bill TextA bill to amend the Clean Air Act to establish an economy-wide global warming pollution emission cap-and-trade program to assist the economy in transitioning to new clean energy technologies, to protect employees and affected communities, to protect companies and consumers from significant increases in energy costs, and for other purposes. 2/1/2007--Introduced. Global Warming Pollution Reduction Act of 2007 - Amends the Clean Air Act to direct the Environmental Protection Agency (EPA) to: (1) promulgate regulations necessary to reduce the aggregate net level of global warming pollution emissions; and (2) establish a market-based emissions cap and global warming pollutants trading program. Establishes the Climate Reinvestment Fund. Requires EPA to: (1) establish, and revise every five years, standards for passenger vehicle emissions; and (2) research global climate change standards and processes. Sets forth requirements for retail electricity suppliers [...] show full description
Also tagged in: Actions and defenses, Administrative procedure, Agriculture, Business, Business records, Coal, Commodity exchanges, Commodity Futures Trading Commission, Commodity prices, Criminal justice, Derivative securities, Diesel motor, Electricity, Embezzlement, Energy, Energy prices, Executive departments, Finance, Fines (Penalties), Futures trading, Gasoline, Government information, Government paperwork, Independent regulatory commissions, Information disclosure (Securities law), Larceny, Law, Market manipulation, Natural gas, Petroleum, Propane, Restrictive trade practices, Securities fraud, Securities industry
Latest Action: 02/02/2007 - Referred to the Subcommittee on General Farm Commodities and Risk Management. Bill TextTo regulate over-the-counter trading of energy derivatives. 1/19/2007--Introduced. Prevent Unfair Manipulation of Prices Act of 2007 - Amends the Commodity Exchange Act to extend its jurisdiction to certain: (1) "included energy transactions" traded on an electronic trading facility; and (2) certain energy commodities involved in over-the-counter transactions. Sets forth reporting and recordkeeping requirements for: (1) certain contract participants that enter into or execute "included energy transactions;" and (2) electronic trading facilities for energy commodities. Extends prohibitions against fraudulent transactions to: (1) filling an order by offset against the other person's order; and (2) knowingly and willfully becoming the buyer in respect to another person's selling order, or the seller in respect to another person's buying order, without the other person's prior consent. Empowers the Commodities Futures Trading Commission [...] show full description
Also tagged in: Administrative procedure, Bank accounts, Bank records, Business, Criminal justice, Department of the Treasury, Executive departments, Finance, Fines (Penalties), Government information, Government paperwork, Income tax, Interest, Law, Money laundering, Securities industry, Standards, Tax administration, Tax consultants, Tax deductions, Tax evasion, Tax havens, Tax penalties, Tax returns, Tax shelters, Taxation, Taxation of foreign income, Withholding tax
Latest Action: 02/17/2007 - Sponsor introductory remarks on measure. (CR S2206-2216) Bill TextA bill to restrict the use of offshore tax havens and abusive tax shelters to inappropriately avoid Federal taxation, and for other purposes. 2/17/2007--Introduced. Stop Tax Haven Abuse Act - Amends Internal Revenue Code provisions relating to tax shelter activities to: (1) establish legal presumptions against the validity of transactions involving offshore secrecy jurisdictions (i.e., foreign tax havens identified in this Act and by the Secretary of the Treasury); (2) impose restrictions on foreign jurisdictions, financial institutions, or international transactions that are of primary money laundering concern or that impede U.S. tax enforcement; (3) increase the period for Internal Revenue Service review of tax returns involving offshore secrecy jurisdictions; (4) require tax withholding agents and financial institutions to report certain information about beneficial owners of foreign-owned financial accounts and accounts established in offshore secrecy jurisdictions; and [...] show full description
Also tagged in: Accounting, Auditing, Business, Competition, Conflict of interests, Congress, Congressional reporting requirements, Corporate finance, Corporation reports, Europe, Finance, Financial statements, Governmental investigations, Information disclosure (Securities law), Investors, Legislation, 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: Bank capital, Bank fraud, Department of Housing and Urban Development, Executive departments, Executive reorganization, Federal advisory bodies, Federal home loan banks, Federal Housing Finance Board, Finance, Fraud, Housing, Information disclosure (Securities law), Investments, Lobbying, Mortgages, Politics and government, Secondary mortgage market, Single family housing
Latest Action: 04/12/2007 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextA bill to address the regulation of secondary mortgage market enterprises, and for other purposes. 4/12/2007--Introduced. Federal Housing Enterprise Regulatory Reform Act of 2007 - Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 to establish in lieu of the Office of Federal Housing Enterprise Oversight of the Department of Housing and Urban Development (HUD), an independent Federal Housing Enterprise Regulatory Agency, headed by a Director, which shall have authority over: the Federal Home Loan Banks, the Finance Facility, the Federal National Mortgage Association (Fannie Mae), and the Federal Home Loan Mortgage Corporation (Freddie Mac). Establishes the Federal Housing Enterprise Board, without executive authority, to advise the Director. Sets forth operating, administrative, and regulatory provisions of the Agency, including: (1) assessment authority; (2) authority to limit nonmission-related assets; (3) minimum and critical [...] show full description
Also tagged in: Administrative procedure, Bank accounts, Brokers, Business, Capital, Executive departments, Finance, Independent regulatory commissions, Investments, Law, Margins (Security trading), Money market funds, Securities, Securities and Exchange Commission, Securities industry, Surety and fidelity
Latest Action: 04/11/2007 - Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises. Bill TextTo direct the Securities and Exchange Commission to revise rules to provide for the comparable treatment and expanded use of qualified money market funds for broker-dealer financing. 2/16/2007--Introduced. Money Market Fund Parity Act of 2007 - Directs the Securities and Exchange Commission to revise, according to specified requirements, rules relating to net capital, custody and use of customers' securities, and certain underwritings to provide for: (1) treatment of securities issued by qualified money market funds comparable with the treatment under those rules of other low-risk securities and deposits; and (2) the expanded use of securities issued by qualified money market funds for financing by brokers and dealers.
Also tagged in: Accounting, Administrative procedure, Business, Congress, Congressional investigations, Congressional reporting requirements, Executive departments, Finance, Independent regulatory commissions, Law, Politics and government, Regulatory impact statements, Securities and Exchange Commission, Small business
Latest Action: 04/23/2007 - Sponsor introductory remarks on measure. (CR S4838) Bill TextA bill to require assessment of the impact on small business concerns of rules relating to internal controls, and for other purposes. 4/18/2007--Introduced. Small Business Regulatory Review Act of 2007 - Requires the Securities and Exchange Commission (SEC), before approving any final rule of the Public Company Accounting Oversight Board (established under the Sarbanes-Oxley Act of 2002), to conduct and complete a regulatory flexibility analysis of such rule. Requires the SEC to publish the small business compliance guide (as required under the Small Business Regulatory Enforcement Fairness Act of 1996) on the same date as the publication of the final rule issued to carry out a provision of the Sarbanes-Oxley Act concerning management of internal controls for financial reporting. Directs the Comptroller General to conduct an assessment of the impact on small businesses of such rules.
Also tagged in: Administrative procedure, Business, Corporate management, Corporate mergers, Corporate reorganizations, Executive compensation, Executive departments, Finance, Golden parachutes, Independent regulatory commissions, Information disclosure (Securities law), Labor, Law, Securities and Exchange Commission, Stockholders, Voting
Latest Action: 04/20/2007 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextA bill to amend the Securities Exchange Act of 1934 to provide shareholders with an advisory vote on executive compensation. 4/20/2007--Introduced. Shareholder Vote on Executive Compensation Act - Amends the Securities Exchange Act of 1934 to require a proxy, consent, or authorization for a shareholder meeting occurring on or after January 1, 2009, to permit a separate shareholder vote to approve executive compensation. States that such shareholder vote shall not be binding on the board of directors, nor construed: (1) as overruling a board decision; (2) to create or imply additional fiduciary duty by such board; and (3) to restrict or limit shareholder ability to make proposals for inclusion in proxy materials related to executive compensation. Requires proxy solicitation material for a shareholder meeting occurring on or after January 1, 2009, concerning disposition of substantially all of an issuer's assets, to disclose compensation agreements or understandings [...] show full description
Also tagged in: Administrative procedure, Business, Corporate management, Corporate mergers, Corporate reorganizations, Executive compensation, Executive departments, Finance, Golden parachutes, Independent regulatory commissions, Information disclosure (Securities law), Labor, Law, Securities and Exchange Commission, Stockholders, Voting
Latest Action: 04/23/2007 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextTo amend the Securities Exchange Act of 1934 to provide shareholders with an advisory vote on executive compensation. 4/20/2007--Passed House amended. (There are 2 other summaries) Shareholder Vote on Executive Compensation Act - Amends the Securities Exchange Act of 1934 to require a proxy, consent, or authorization for a shareholder meeting occurring on or after January 1, 2009, to permit a separate shareholder vote to approve executive compensation. States that such shareholder vote shall not be binding on the corporation or board of directors, nor construed: (1) as overruling a board decision; (2) to create or imply additional fiduciary duty by such board; (3) to restrict or limit shareholder ability to make proposals for inclusion in proxy materials related to executive compensation. Requires proxy solicitation material for a shareholder meeting occurring on or after January 1, 2009, concerning disposition of substantially all of [...] show full description
Also tagged in: Administrative procedure, Affiliated corporations, Automobile insurance, Bank accounts, Bank examination, Bank holding companies, Bank loans, Bank mergers, Bank records, Banks and banking, Brokers, Business, Business insurance, Business records, Casualty insurance, Civil rights, Community development banking, Consent decrees, Consumer credit, Consumers, Data banks, Department of Housing and Urban Development, Department of the Treasury, Depressed areas, Discrimination in consumer credit, Economic policy, Executive departments, Fair housing, Federal Deposit Insurance Corporation, Federal reserve system, Finance, Financial institutions, Financial services, Fines (Penalties), Government corporations, Government information, Government paperwork, Government publicity, Housing, Information disclosure (Securities law), Injunctions, Insurance, Insurance agents, Insurance companies, Insurance premiums, Investment advisers, Investments, Law, Liability (Law), Minorities, Mortgage banks, Mortgage guaranty insurance, Mortgages, Mutual funds, Nonbank banks, Property insurance, Public meetings, Racial discrimination, Rural affairs, Securities industry, Small business, Technology, Usury
Latest Action: 03/01/2007 - Referred to the House Committee on Financial Services. Bill TextTo enhance the availability of capital and credit for all citizens and communities, to ensure that community reinvestment keeps pace as banks, securities firms, and other financial service providers become affiliates as a result of the enactment of the Gramm-Leach-Bliley Act, and for other purposes. 3/1/2007--Introduced. Community Reinvestment Modernization Act of 2007 - Repeals specified revisions to regulations governing the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Director of the Office of Thrift Supervision. Reinstates banking agency regulations in effect before the publication of such revisions. Amends the Bank Holding Company Act of 1956 (BHCA) to subject to the Community Reinvestment Act of 1977 (CRA) nonbank affiliates of bank holding companies that engage in lending or offering banking products or services. Amends the CRA to require a rating reduction [...] show full description
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Latest Legislation - View All
Also tagged in: Administrative procedure, Alien property, American investments, Armed forces, Arms sales, Authorization, Biological warfare, Budgets, Business, Chemical warfare, Congress, Congress and foreign policy, Congressional oversight, Congressional reporting requirements, Corporate accountability, Criminal justice, Defense policy, Department of the Treasury, Energy, Executive departments, Explosives, Export controls, Export finance, Finance, Foreign banks and banking, Foreign investments, Foreign loans, Foreign policy, Gas industry, Government procurement, Import restrictions, Independent regulatory commissions, International affairs, International finance, Investments, Iran, Law, Liquefied natural gas, Middle East and North Africa, Nuclear exports, Nuclear industry, Nuclear nonproliferation, Pension funds, Pensions, Petroleum industry, Pipelines, President and foreign policy, Presidents, Public contracts, Sanctions (International law), Securities and Exchange Commission, State-sponsored terrorism, Subsidiary corporations, Tankers, Tax-deferred compensation plans, Taxation, Technology, Technology transfer, Terrorism, Trade, Transportation, Weapons of mass destruction, Weapons systems
Latest Action: 08/01/2008 - Committee on Banking, Housing, and Urban Affairs. Original measure reported to Senate by Senator Dodd. With written report No. 110-443. Bill Text
An original bill to impose sanctions with respect to Iran, to provide for the divestment of assets in Iran by State and local governments and other entities, to identify locations of concern with respect to transshipment, reexportation, or diversion of certain sensitive items to Iran, and for other purposes.
Also tagged in: Business, Coal, Energy, Energy development, Finance, Gas industry, Government information, Government paperwork, Government publicity, Information disclosure (Securities law), Metals, Mines and mineral resources, Natural gas, Natural resources, Oil well drilling, Petroleum, Petroleum industry, Prospecting
Latest Action: 07/31/2008 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextA bill to require, for the benefit of shareholders, the disclosure of payments to foreign governments for the extraction of natural resources, to allow such shareholders more appropriately to determine associated risks. 7/31/2008--Introduced. Extractive Industries Transparency Disclosure Act - Amends the Securities Exchange Act of 1934 to instruct the Securities and Exchange Commission (SEC) to require specified annual reports of an issuer to disclose the total payments made to an agency or instrumentality of a foreign government: (1) for natural resources in a foreign country; or (2) in connection with the extraction of natural resources from a foreign country. Requires compilation of such information so that it is accessible by the public directly from the SEC website without separately accessing the annual reports of each issuer filing the information on the EDGAR system.
Also tagged in: Administrative procedure, Affiliated corporations, Business, Coal, Commodity Futures Trading Commission, Derivative securities, Diesel motor, Electricity, Energy, Executive departments, Finance, Foreign corporations, Futures trading, Gasoline, Independent regulatory commissions, Jurisdiction, Law, Natural gas, Petroleum, Propane, Swaps (Finance), Trade, Transportation, Uranium
Latest Action: 06/20/2008 - Sponsor introductory remarks on measure. (CR E1305) Bill Text
To amend the Commodity Exchange Act to provide for regulation of energy derivatives, and for other purposes.
Also tagged in: Business, Coal, Energy, Energy development, Finance, Gas industry, Government information, Government paperwork, Government publicity, Information disclosure (Securities law), Metals, Mines and mineral resources, Natural gas, Natural resources, Oil well drilling, Petroleum, Petroleum industry, Prospecting
Latest Action: 06/26/2008 - Committee Hearings Held. Bill TextTo require, for the benefit of shareholders, the disclosure of payments to foreign governments for the extraction of natural resources, to allow such shareholders more appropriately to determine associated risks. 5/15/2008--Introduced. Extractive Industries Transparency Disclosure Act - Amends the Securities Exchange Act of 1934 to instruct the Securities and Exchange Commission (SEC) to require specified annual reports of an issuer to disclose the total payments made to an agency or instrumentality of a foreign government: (1) for natural resources in a foreign country; or (2) in connection with the extraction of natural resources from a foreign country. Requires compilation of such information so that it is accessible by the public directly from the SEC website without separately accessing the annual reports of each issuer filing the information on the EDGAR system.
Also tagged in: Accounting, Administrative procedure, Armed forces, Business, Consultants, Corporate mergers, Defense contracts, Defense economics, Executive compensation, Executive departments, Finance, Financial statements, Fringe benefits, Golden parachutes, Government contractors, Independent regulatory commissions, Information disclosure (Securities law), Law, Profit, Public contracts, Securities and Exchange Commission, 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: Authorization, Budgets, Commodity Futures Trading Commission, Criminal investigation, Criminal justice, Executive departments, Finance, Fines (Penalties), Foreign exchange, Futures trading, Government information, Government paperwork, Governmental investigations, Independent regulatory commissions, Information disclosure (Securities law), International finance, Jurisdiction, Law, Margins (Security trading), Market manipulation, Options (Contract), Prosecution, Securities fraud, Sentences (Criminal procedure)
Latest Action: 04/10/2008 - Sponsor introductory remarks on measure. (CR E580) Bill TextTo amend the Commodity Exchange Act to provide the Commodity Futures Trading Commission authority over off-exchange retail foreign currency transactions, and for other purposes. 4/10/2008--Introduced. CFTC Improvement Act of 2008 - Amends the Commodity Exchange Act to revise Commodity Futures Trading Commission (CFTC) jurisdiction over certain agreements, contracts, and transactions in retail foreign currency. Extends coverage to certain future commissions merchants (and affiliated persons) and retail foreign exchange dealers. Requires them to register with the CFTC in order to solicit or accept orders from any person that is not an eligible contract participant in connection with such agreements, contracts, or transactions. Directs the CFTC to maintain a liaison with the Department of Justice to coordinate civil and criminal investigations and prosecutions of violations of the Act. Revises the prohibition against contracts designed to defraud or mislead.[...] show full description
Also tagged in: Aged, Annuities, Budgets, Business, Consumer education, Consumers, Crimes against the elderly, Criminal investigation, Criminal justice, Deceptive advertising, Federal aid to law enforcement, Fees, Finance, Financial services, Fraud, Grants-in-aid, Insurance, Insurance agents, Investment advisers, Investments, Investors, Marketing, Pensions, Prosecution, Restrictive trade practices, Securities, Standards, State and local government, State laws
Latest Action: 04/01/2008 - Sponsor introductory remarks on measure. (CR S2297) Bill TextA bill to protect older Americans from misleading and fraudulent marketing practices, with the goal of increasing retirement security. 4/1/2008--Introduced. Senior Investor Protection Act of 2008 - Directs the Attorney General to establish a program of grants to states to: (1) investigate and prosecute misleading and fraudulent marketing practices; or (2) develop educational materials and training aimed at reducing misleading and fraudulent marketing of financial products toward seniors.
Also tagged in: Administrative fees, Budgets, Counseling, Executive departments, Federal aid to housing, Finance, Foreclosure, Housing, Income tax, Independent regulatory commissions, Law, Loan defaults, Mortgage interest rates, Mortgages, Rescission of appropriated funds, Residential rehabilitation, Securities and Exchange Commission, Social services, Tax exclusion, Taxation
Latest Action: 04/01/2008 - Read twice and referred to the Committee on Finance. Bill TextA bill to address the foreclosure crisis and to revitalize neighborhoods, and for other purposes. 4/1/2008--Introduced. Protecting America's Homeowners Act of 2008 - Amends the Internal Revenue Code to extend through January 1, 2011, the temporary exclusion from gross income of the discharge of an indebtedness for a qualified principal residence.Declares invalid, throughout a specified moratorium period, the terms of any home mortgage loan that requires a consumer to pay a prepayment penalty for paying all or part of the outstanding principal before its contractual due date.Directs the Neighborhood Reinvestment Corporation (NRC) to continue to award to counseling intermediaries and State Housing Finance Agencies certain funds previously designated for mortgage foreclosure mitigation activities in states and areas with high rates of mortgage foreclosures or defaults.Appropriates additional funds for FY2008 for: (1) NRC foreclosure mitigation activities;[...] show full description
Also tagged in: Administrative procedure, Bank holding companies, Bank management, Banks and banking, Corporate accountability, Corporate management, Executive departments, Finance, Financial statements, Government information, Government paperwork, Independent regulatory commissions, Information disclosure (Securities law), Law, Savings and loan associations, Securities and Exchange Commission
Latest Action: 03/05/2008 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextA bill to reduce the reporting and certification burdens for certain financial institutions of sections 302 and 404 of the Sarbanes-Oxley Act of 2002. 3/5/2008--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: Actions and defenses, Administrative procedure, Alcohol as fuel, Alternative energy sources, Armed forces, Automobiles, Bonds, Business, Charitable contributions, Coal, Consumer credit, Consumers, Corporation taxes, Criminal justice, Defense policy, Depreciation and amortization, Depressed areas, Diesel motor, District of Columbia, Economic policy, Education, Educational facilities, Electric appliances, Elementary and secondary education, Energy, Energy efficiency, Enterprise zones, Excise tax, Executive departments, Finance, Food, Foreclosure, Frivolous lawsuits, Home ownership, Housing, Housing finance, Income tax, Independent regulatory commissions, Indian economic development, Individual retirement accounts, Law, Leases, Legal fees, Minimum tax, Minorities, Mortgages, Pensions, Public-private partnerships, Railroad engineering, Research and development tax credit, Restaurants, Rural affairs, Science policy, Securities and Exchange Commission, Small business, Sports, Sports facilities, Tax administration, Tax credits, Tax deductions, Tax exclusion, Tax rates, Taxation, Terrorism, Transportation, Undercover operations, Veterans, Veterans' loans
Latest Action: 03/03/2008 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 587. Bill TextA bill to promote home ownership, manufacturing, and economic growth. 2/29/2008--Introduced. Homeownership, Manufacturing, and Economic Growth Act or the HOME Act - Amends the Internal Revenue Code to extend expiring income, excise, and alternative minimum tax (AMT) provisions and expand other individual and business-related tax incentives. Directs the Securities and Exchange Commission (SEC) to undertake certain initiatives to help small businesses and imposes restrictions on litigation deemed frivolous. Extends through 2009 certain expiring tax provisions affecting individual and business taxpayers, including: (1) tax credits for nonbusiness energy property, residential energy efficient property, increasing research activities, Indian employment, railroad track maintenance, energy efficient appliances, and investment in new markets; (2) tax deductions for educational expenses, state and local sales taxes, food and book inventories, and energy efficient commercial [...] show full description
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