Capital Legislation - Federal Government

To establish and provide for the treatment of Individual Development Accounts, and for other purposes. 2/7/2007--Introduced. Savings for Working Families Act of 2007 - Allows certain low-income individuals between age 18 and 61 to establish tax-exempt individual development accounts (IDAs) to pay for certain qualified expenses, including education expenses, first-time homebuyer costs, and business capitalization or expansion costs. Sets forth rules for the establishment, maintenance, and termination of IDAs. Permits tax-free withdrawals from IDAs for qualified expenses, but requires IDA beneficiaries to complete one or more financial education courses prior to making an IDA withdrawal.Allows certain financial institutions, tax-exempt organizations, and Indian tribes to sponsor and administer IDAs. Amends the Internal Revenue Code to allow such entities a business-related tax credit for the cost of administering IDAs and for making matching contributions to IDAs in parallel [...]

show full description

A bill to establish and provide for the treatment of Individual Development Accounts, and for other purposes. 3/14/2007--Introduced. Savings for Working Families Act of 2007 - Allows certain low-income individuals between age 18 and 61 to establish tax-exempt individual development accounts (IDAs) to pay for certain qualified expenses, including education expenses, first-time homebuyer costs, and business capitalization or expansion costs. Sets forth rules for the establishment, maintenance, and termination of IDAs. Permits tax-free withdrawals from IDAs for qualified expenses, but requires IDA beneficiaries to complete one or more financial education courses prior to making an IDA withdrawal.Allows certain financial institutions, tax-exempt organizations, and Indian tribes to sponsor and administer IDAs. Amends the Internal Revenue Code to allow such entities a business-related tax credit for the cost of administering IDAs and for making matching contributions to IDAs [...]

show full description

A bill to provide additional relief for small business owners ordered to active duty as members of reserve components of the Armed Forces, and for other purposes. 3/15/2007--Introduced. Veterans Small Business Opportunity Act of 2007 - Amends the Small Business Act to extend certain small business loan time limits with respect to a small business owned and controlled by: (1) a veteran called to active duty on or after September 11, 2001; or (2) a service-disabled veteran who became disabled due to an injury or illness incurred or aggravated during a period of active duty on or after such date. Extends such time limits by the period that the veteran was on active duty. Directs the Secretary of Defense to conduct a study for promoting positive working relations between employers and their reserve component employees. Increases: (1) certain Small Business Administration (SBA) loan limits for small business owners who are members of the National Guard or reserves;[...]

show full description

A bill to provide comprehensive reform of the health care system of the United States, and for other purposes. 3/28/2007--Introduced. Universal Health Care Choice and Access Act - Provides for health promotion and disease prevention activities, including requiring the Secretary of Health and Human Services to convene an interagency coordinating committee to develop a national strategic plan for prevention.Amends the Internal Revenue Code to: (1) allow participants in high deductible health care insurance plans an increased tax deduction for contributions to a health savings account; and (2) allow individual taxpayers a refundable tax credit for health insurance costs paid.Requires states to establish and operate a qualified high risk pool or a state-designated alternative that ensures access to private health insurance for medically uninsurable individuals.Health Care Choice Act of 2007 - Amends the Public Health Service Act to apply the laws of the primary [...]

show full description

To establish and provide for the treatment of Individual Development Accounts, and for other purposes. 3/14/2007--Introduced. Savings for Working Families Act of 2007 - Allows certain low-income individuals between age 18 and 61 to establish tax-exempt individual development accounts (IDAs) to pay for certain qualified expenses, including education expenses, first-time homebuyer costs, and business capitalization or expansion costs. Sets forth rules for the establishment, maintenance, and termination of IDAs. Permits tax-free withdrawals from IDAs for qualified expenses, but requires IDA beneficiaries to complete one or more financial education courses prior to making an IDA withdrawal.Allows certain financial institutions, tax-exempt organizations, and Indian tribes to sponsor and administer IDAs. Amends the Internal Revenue Code to allow such entities a business-related tax credit for the cost of administering IDAs and for making matching contributions to IDAs in [...]

show full description

A bill to amend the Small Business Act to improve programs for veterans, and for other purposes. 7/12/2007--Introduced. Military Reservist and Veteran Small Business Reauthorization and Opportunity Act of 2007 - Increases funding, for each of FY2008-FY2010, for the Office of Veterans Business Development of the Small Business Administration (SBA), with the excess funds to be used to support veterans business outreach centers. Amends the Small Business Act to direct the President to establish an interagency task force to coordinate federal efforts to increase capital and business development opportunities for, and the award of federal contracts and subcontracts to, small businesses owned and controlled by service-disabled veterans and veterans. Extends permanently the SBA's Advisory Committee on Veterans Business Affairs. National Reservist Enterprise Transition and Sustainability Act of 2007 - Directs the SBA Administrator to establish a program to provide [...]

show full description

To reauthorize programs to assist small business concerns, and for other purposes. 6/20/2007--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 Entrepreneurial Development Programs Act of 2007 - Title I: Revisions to Small Business Development Centers - (Sec. 101) Amends the Small Business Act to make operational changes to the Small Business Administration (SBA)'s small business development centers (SBDCs) program, including: (1) requiring new SBDC award grantees that are universities to be accredited; (2) requiring award grantees to be equal partners in grant program and contract negotiations; (3) prohibiting SBA interference in hiring practices of SBDC grant recipients; (4) prohibiting the SBA from using program resources for administrative expenses of examining SBDC operations; (5) exempting [...]

show full description

To improve and expand small business assistance programs for veterans of the armed forces and military reservists, and for other purposes. 2/14/2008--Public Law.    (There is 1 other summary) Military Reservist and Veteran Small Business Reauthorization and Opportunity Act of 2008 - Title I: Veterans Business Development - (Sec. 101) Increases funding (with an offset), for FY2008-FY2009, for the Office of Veterans Business Development of the Small Business Administration (SBA). Expresses the sense of Congress that excess amounts for such Office should be used to support veterans business outreach centers. (Sec. 102) Amends the Small Business Act to direct the President to establish an interagency task force to coordinate federal efforts to improve capital and business development opportunities for, and ensure achievement of the pre-established federal contracting goals for, small businesses owned and controlled by service-disabled veterans [...]

show full description

To improve the Operating Fund for public housing of the Department of Housing and Urban Development, and for other purposes. 7/9/2008--Passed House amended.    (There is 1 other summary) Asset Management Improvement Act of 2008 - Prohibits the Secretary of Housing and Urban Development from imposing restrictions or limitations on the amount of management and related fees for a public housing project which the public housing agency (PHA) determines reasonable, unless such restriction or limitation: (1) is determined pursuant to a negotiated rulemaking convened by the Secretary no earlier than April 1, 2009, with representatives from interested parties; and (2) is effective only on or after January 1, 2011. Allows any PHA that owns or operates fewer than 500 public housing units under the United States Housing Act of 1937 to elect to be exempt from asset management requirements imposed by the Secretary. Prohibits the Secretary from imposing [...]

show full description

To improve the Operating Fund for public housing of the Department of Housing and Urban Development, and for other purposes. 4/17/2008--Introduced. Public Housing Asset Management Improvement Act of 2008 - Prohibits the Secretary of Housing and Urban Development from imposing restrictions or limitations on the amount of management and related fees for a public housing project which the public housing agency (PHA) determines reasonable, unless such restriction or limitation: (1) is determined pursuant to a negotiated rulemaking convened by the Secretary no earlier than April 1, 2009, with representatives from interested parties; and (2) is effective only on or after January 1, 2011. Allows any PHA that owns or operates fewer than 500 public housing units under the United States Housing Act of 1937 to elect to be exempt from asset management requirements imposed by the Secretary. Prohibits the Secretary from imposing any requirement, regulation, or guideline relating [...]

show full description

A bill to facilitate the participation of private capital and skills in the strategic, economic, and environmental development of a diverse portfolio of clean energy and energy efficiency technologies within the United States, to facilitate the commercialization and market penetration of the technologies, and for other purposes. 3/6/2008--Introduced. Clean Energy Investment Bank Act of 2008 - Establishes the Clean Energy Investment Bank of the United States, which shall be a U.S. agency and a government corporation.Requires the bank to assist in the financing, and facilitate the commercial use, of clean energy and energy efficient technologies within the United States. Authorizes the Bank to make investments: (1) in projects in the United States related to the production or use of energy that use a commercial technology that avoids, reduces, or sequesters one or more air pollutants or anthropogenic emissions of greenhouse gases more effectively than other technology [...]

show full description

A bill to amend the Public Health Service Act to provide for cooperative governing of individual health insurance coverage offered in interstate commerce. 12/13/2007--Introduced. Health Care Choice Act of 2007 - Amends the Public Health Service Act to provide that the laws of the state designated by a health insurance issuer (primary state) shall apply to individual health insurance coverage offered by that issuer in the primary state and in any other state (secondary state), but only if the coverage and issuer comply with the conditions of this Act.Exempts issuers from any secondary state's laws that would prohibit or regulate the operation of the issuer in such state, subject to certain restrictions imposed by such state.Specifies the notice that an issuer must provide in any insurance coverage offered in a secondary state and at renewal of the policy.Requires each issuer issuing individual health insurance coverage in both primary and secondary states [...]

show full description

To amend the Public Health Service Act to provide for cooperative governing of individual health insurance coverage offered in interstate commerce. 12/12/2007--Introduced. Health Care Choice Act of 2007 - Amends the Public Health Service Act to provide that the laws of the state designated by a health insurance issuer (primary state) shall apply to individual health insurance coverage offered by that issuer in the primary state and in any other state (secondary state), but only if the coverage and issuer comply with the conditions of this Act.Exempts issuers from any secondary state's laws that would prohibit or regulate the operation of the issuer in such state, subject to certain restrictions imposed by such state.Specifies the notice that an issuer must provide in any insurance coverage offered in a secondary state and at renewal of the policy.Requires each issuer issuing individual health insurance coverage in both primary and secondary states to submit [...]

show full description

To improve and expand small business assistance programs for veterans of the armed forces and military reservists, and for other purposes. 2/14/2008--Public Law.    (There is 1 other summary) Military Reservist and Veteran Small Business Reauthorization and Opportunity Act of 2008 - Title I: Veterans Business Development - (Sec. 101) Increases funding (with an offset), for FY2008-FY2009, for the Office of Veterans Business Development of the Small Business Administration (SBA). Expresses the sense of Congress that excess amounts for such Office should be used to support veterans business outreach centers. (Sec. 102) Amends the Small Business Act to direct the President to establish an interagency task force to coordinate federal efforts to improve capital and business development opportunities for, and ensure achievement of the pre-established federal contracting goals for, small businesses owned and controlled by service-disabled veterans [...]

show full description

To amend the Small Business Investment Act of 1958 to expand opportunities for investments in small businesses, and for other purposes. 9/27/2007--Passed House amended.    (There are 2 other summaries) Small Business Investment Expansion Act of 2007 - Title I: Small Business Investment Company Program - (Sec. 101) Amends the Small Business Investment Act of 1958 to increase the maximum amounts of outstanding leverage made available by the Small Business Administration (SBA) to: (1) any one small business investment company (SBIC) which provides loans to small businesses; and (2) two or more SBICs that are commonly controlled. (Sec. 102) Increases the total amount of debentures and participating securities issued by an SBIC that may be guaranteed by the SBA in the case of an SBIC that certifies that not less than 50% of its aggregate investments will be made in small businesses that are either: (1) majority owned by socially or economically [...]

show full description

To improve the Operating Fund for public housing of the Department of Housing and Urban Development. 1/29/2008--Reported to House amended.    (There is 1 other summary) Public Housing Asset Management Improvement Act of 2007 - Prohibits the Secretary of Housing and Urban Development from imposing restrictions or limitations on the amount of management and related fees for a public housing project which the public housing agency (PHA) determines reasonable, unless such restriction or limitation: (1) is determined pursuant to a negotiated rulemaking convened by the Secretary no earlier than April 1, 2009, with representatives from interested parties; and (2) is effective only on or after January 1, 2011. Allows any PHA that owns or operates fewer than 500 public housing units under the United States Housing Act of 1937 to elect to be exempt from asset management requirements imposed by the Secretary. Prohibits the Secretary from imposing any requirement,[...]

show full description

A bill to amend the Small Business Act to improve programs for veterans, and for other purposes. 7/12/2007--Introduced. Military Reservist and Veteran Small Business Reauthorization and Opportunity Act of 2007 - Increases funding, for each of FY2008-FY2010, for the Office of Veterans Business Development of the Small Business Administration (SBA), with the excess funds to be used to support veterans business outreach centers. Amends the Small Business Act to direct the President to establish an interagency task force to coordinate federal efforts to increase capital and business development opportunities for, and the award of federal contracts and subcontracts to, small businesses owned and controlled by service-disabled veterans and veterans. Extends permanently the SBA's Advisory Committee on Veterans Business Affairs. National Reservist Enterprise Transition and Sustainability Act of 2007 - Directs the SBA Administrator to establish a program to provide [...]

show full description

To reauthorize programs to assist small business concerns, and for other purposes. 6/20/2007--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 Entrepreneurial Development Programs Act of 2007 - Title I: Revisions to Small Business Development Centers - (Sec. 101) Amends the Small Business Act to make operational changes to the Small Business Administration (SBA)'s small business development centers (SBDCs) program, including: (1) requiring new SBDC award grantees that are universities to be accredited; (2) requiring award grantees to be equal partners in grant program and contract negotiations; (3) prohibiting SBA interference in hiring practices of SBDC grant recipients; (4) prohibiting the SBA from using program resources for administrative expenses of examining SBDC operations; (5) exempting [...]

show full description