Latest Action: 06/19/2008 - Read twice and referred to the Committee on Finance.

Bill Text
A bill to amend tile XVIII of the Social Security Act to reduce fraud under the Medicare program. 6/19/2008--Introduced. Seniors and Taxpayers Obligation Protection Act of 2008 - Directs the Secretary of Health and Human Services to establish and implement procedures to change the Medicare beneficiary identifer used to identify individuals entitled to benefits under part A (Hospital Insurance) of title XVIII (Medicare) of the Social Security Act (SSA), or enrolled under part B (Supplementary Medical Insurance), so that such an individual's Social Security number is not used. Amends SSA title XVIII to direct the Secretary to establish and implement a system to verify on a monthly basis that the claims for reimbursement under Medicare part B for physicians' services furnished in high risk areas are: (1) for physicians' services actually furnished by the physician (or the physician's group practice); and (2) otherwise accurate. Requires the Secretary to establish [...]

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Latest Action: 05/07/2008 - Referred to the House Committee on Financial Services.

Bill Text
Congratulating the Surety and Fidelity Association of America on its 100th anniversary.

5/7/2008--Introduced.

Congratulates the Surety and Fidelity Association of America on its 100th anniversary.

Latest Action: 04/24/2008 - Referred to the House Committee on Financial Services.

Bill Text
To provide funding for the Emergency Food and Shelter Program of the Federal Emergency Management Agency for housing-related assistance needed to prevent homelessness of families in connection with foreclosures on their residences. 4/24/2008--Introduced. Emergency Housing Assistance Act of 2008 - Authorizes appropriations for FY2008 for grants under the Emergency Food and Shelter Program under the McKinney-Vento Homeless Assistance Act. Allows only up to 3.5% of such funds to be used for administrative costs. Limits the use of grants to the Emergency Food and Shelter Program National Board under this Act, and any monies received by any private nonprofit organization or local government from the National Board from such amounts, solely for housing-related assistance needed to prevent homelessness in connection with the foreclosure on a dwelling occupied by an eligible family. Specifies among the uses of such assistance relocation expenses, security and utility deposits,[...]

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Latest Action: 04/17/2008 - Sponsor introductory remarks on measure. (CR S3160)

Bill Text
A bill to protect the property and security of homeowners who are subject to foreclosure proceedings, and for other purposes. 4/17/2008--Introduced. Foreclosure Rescue Fraud Act of 2008 - Prohibits a foreclosure consultant from: (1) receiving compensation from a homeowner for services performed regarding residential real property until such consultant has fully performed each service contracted for; (2) holding power of attorney from any homeowner, except to inspect documents; (3) receiving consideration from a third party in connection with services rendered to a homeowner by such third party with respect to the foreclosure, unless such consideration is fully disclosed in writing before such services are rendered; (4) accepting any wage assignment, lien, or other security to secure compensation for services rendered regarding foreclosure of the residential real property; or (5) acquiring any interest in the residence of a homeowner with whom the consultant has contracted.[...]

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Latest Action: 04/10/2008 - Sponsor introductory remarks on measure. (CR S2949-2950)

Bill Text
A bill to amend the Federal Home Loan Bank Act to allow Federal home loan banks to invest surplus funds in student loan securities and make advances for student loan financing, and for other purposes.

4/10/2008--Introduced.

Emergency Student Loan Market Liquidity Act - Amends the Federal Home Loan Bank Act to allow federal home loan banks to: (1) invest surplus funds in student loan securities; (2) accept student loans and student loan-related securities as collateral; and (3) provide secured long-term advances to member banks so that they can finance the origination of student loans or purchase or finance student loan-related securities.

Limits the application of this Act to Federal Family Education Loans (FFELs) made under the Higher Education Act of 1965.

Makes the banks' authority effective for investments and advances made between February 1, 2008, and two years after this Act's enactment.

Latest Action: 04/08/2008 - Referred to the House Committee on Financial Services.

Bill Text
To amend the Federal Home Loan Bank Act to allow Federal home loan banks to invest surplus funds in student loan securities and make advances for student loan financing, and for other purposes.

4/8/2008--Introduced.

Emergency Student Loan Market Liquidity Act - Amends the Federal Home Loan Bank Act to allow federal home loan banks to: (1) invest surplus funds in student loan securities; (2) accept student loans and student loan-related securities as collateral; and (3) provide secured long-term advances to member banks so that they can finance the origination of student loans or purchase or finance student loan-related securities.

Limits the application of this Act to Federal Family Education Loans (FFELs) made under the Higher Education Act of 1965.

Makes the banks' authority effective for investments and advances made between February 1, 2008, and two years after this Act's enactment.

Latest Action: 04/24/2008 - Reported (Amended) by the Committee on Ways and Means. H. Rept. 110-606.

Bill Text
To amend the Internal Revenue Code of 1986 to provide assistance for housing. 4/24/2008--Reported to House amended.    (There is 1 other summary) Housing Assistance Tax Act of 2008 - Title I: Housing Tax Incentives - Subtitle A: Multi-Family Housing - Part 1: Low-Income Housing Tax Credit - Amends Internal Revenue Code provisions relating to the low-income housing tax credit and tax-exempt bond rules for financing low-income housing projects.(Sec. 101) Increases in 2008 and 2009 the per capita amount of the low-income housing tax credit allocable by each state.(Sec. 102) Modifies rules for the low-income housing tax credit to: (1) eliminate the distinction between new and existing buildings for purposes of such credit; (2) establish a minimum credit rate for non-federally subsidized buildings; (3) set forth criteria for designating a building as federally subsidized and for considering federal assistance in calculating [...]

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Latest Action: 04/02/2008 - Read twice and referred to the Committee on Finance.

Bill Text
A bill to increase the incentives for employers to hire qualified ex-felons by enhancing the effectiveness of the work opportunity tax credit, to reduce the backlog of applications pending certification under the work opportunity tax credit program, to enhance the effectiveness of the Federal bonding program, to enhance the effectiveness of the Federal bonding program, and to authorize a pilot program for employment-focused re-entry projects. 4/2/2008--Introduced. Employment Access for Recidivism Reduction Nationwide or the EARN Act - Directs the Secretary of Labor to: (1) promote the work opportunity tax credit program by reducing backlogs of employer applications for certifications under such program and by increasing awareness of the availability of such credit; and (2) increase the number of fidelity bonds purchased and issued by states through the Federal Bonding Program. Amends the Internal Revenue Code to increase the work opportunity tax credit for employers [...]

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Latest Action: 05/01/2008 - Subcommittee Hearings Held.

Bill Text
To amend the Internal Revenue Code of 1986 and title 18, United States Code, to deter the smuggling of tobacco products into the United States, and for other purposes. 4/3/2008--Introduced. Smuggled Tobacco Prevention Act of 2008 - Amends the Internal Revenue Code to require manufacturers and importers of tobacco products to legibly print a unique serial number on all packages of tobacco products manufactured or imported for sale or distribution. Imposes marking requirements for exports of tobacco products. Authorizes the Secretary of the Treasury to require additional secure methods of identification or marking of tobacco products. Requires the Secretary to prescribe a system of tobacco tax stamps, meter impressions, or other tax-payment indicia for tobacco products. Requires tobacco products sold on Indian reservations to be visibly and prominently labeled as such.Prohibits the export of tobacco products without the posting of a bond with the Secretary. Extends [...]

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Latest Action: 02/07/2008 - Read twice and referred to the Committee on Finance.

Bill Text
A bill to amend title XI and XVIII of the Social Security Act to provide increased civil and criminal penalties for acts involving fraud and abuse under the Medicare program and to increase the amount of the surety bond required for suppliers of durable medical equipment.

2/7/2008--Introduced.

Medicare Fraud Prevention Act of 2008 - Amends title XI of the Social Security Act (SSA) to increase civil money penalties, criminal fines, and prison sentences for fraud and abuse under the SSA title XVIII (Medicare) program.

Amends SSA title XVIII to increase the amount of the surety bond required for suppliers of durable medical equipment (DME).

Latest Action: 12/17/2007 - Read twice and referred to the Committee on Armed Services.

Bill Text
A bill to provide for improved oversight of and accountability for military housing privatization initiative projects. 12/17/2007--Introduced. Military Housing Privatization Initiatives Projects Oversight and Accountability Act of 2007 - Requires each military housing privatization initiative project to be carried out under a guaranteed maximum price contract (to be reviewed by an independent third party) and accompanied by a performance schedule. Requires each Secretary concerned to prescribe regulations for effective oversight and management of projects under the Secretary's jurisdiction.Establishes requirements for: (1) combining projects in the event of termination of a lease or foreclosure on a project; (2) funding reserves; (3) sequestration and release of funds to be paid under a contract; (4) community meetings to convey project information; (5) certification of construction experience; (6) bonding levels; and (7) communication, review, and the effect of unsatisfactory [...]

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Latest Action: 02/25/2008 - Referred to the Subcommittee on Immigration, Citizenship, Refugees, Border Security, and International Law.

Bill Text
To reform immigration to serve the national interest. 11/15/2007--Introduced. Optimizing Visa Entry Rules and Demanding Uniform Enforcement Immigration Reform Act of 2007 or the OVERDUE Immigration Reform Act of 2007 - Revises worldwide immigration level and visa allotment provisions, including establishment of specified new nonimmigrant classifications. Provides citizenship or nationality at birth for a person born in the United States only if such child was born to parents, one of whom is: (1) a U.S. citizen or national; or (2) a lawful permanent resident alien. Authorizes the use of the military to help secure the borders. Provides for increases of immigration and border enforcement personnel. Suspends the visa waiver program. Provides criminal penalties and forfeiture for unlawful presence in the United States. Provides for listing of immigration violators in the National Crime Information Center Database. Increases civil [...]

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Latest Action: 08/31/2008 - Cleared for White House.

Bill Text
To establish consumer product safety standards and other safety requirements for children's products and to reauthorize and modernize the Consumer Product Safety Commission. 8/14/2008--Public Law.    (There are 4 other summaries) (This measure has not been amended since the Conference Report was filed in the House on July 29, 2008. The summary of that version is repeated here.)Consumer Product Safety Improvement Act of 2008 - Title I: Children's Product Safety - (Sec. 101) Treats as a banned hazardous substance under the Federal Hazardous Substances Act (FHSA) any children's product (a consumer product designed or intended primarily for children 12 years of age or younger) containing more than specified amounts of lead. Allows alternate limits if the specified limits are not technologically feasible. Requires periodic review and, when technologically feasible, more stringent limits. Makes the limits inapplicable to any component that [...]

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Latest Action: 01/15/2008 - Referred to the Subcommittee on Workforce Protections.

Bill Text
To establish a United States Boxing Commission to administer the Act, and for other purposes. 10/31/2007--Introduced. Professional Boxing Amendments Act of 2007 - Amends the Professional Boxing Safety Act of 1996 to: (1) authorize a tribal organization to establish a boxing commission; (2) prohibit arranging, promoting, or fighting in a match unless the match is approved by the United States Boxing Commission (USBC) and held in a State or on tribal land that regulates matches in accordance with USBC standards; (3) require specified pre-fight boxer physical examinations and to require the continuous presence during any match of an ambulance and emergency medical personnel; (4) provide for boxing registration with the appropriate boxing commission of an Indian tribe; (5) require a health and safety disclosure to a boxer when issuing an identification card and to establish procedures for review of a summary suspension; (6) require the USBC to develop guidelines for boxing contracting [...]

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Latest Action: 12/26/2007 - Became Public Law No: 110-166.

Bill Text
To amend the Internal Revenue Code of 1986 to extend certain expiring provisions, and for other purposes.

12/26/2007--Public Law.    (There are 3 other summaries)

(This measure has not been amended since it was passed by the Senate on December 6, 2007. The summary of that version is repeated here.)

Tax Increase Prevention Act of 2007 - Amends the Internal Revenue Code to extend through 2007 for individual taxpayers: (1) the increased alternative minimum tax (AMT) exemption amounts; and (2) the offset of nonrefundable personal tax credits against regular and AMT liability.

Latest Action: 09/28/2007 - Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

Bill Text
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 [...]

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Latest Action: 02/25/2008 - By Senator Inouye from Committee on Commerce, Science, and Transportation filed written report. Report No. 110-265.

Bill Text
A bill to reform the Consumer Product Safety Commission to provide greater protection for children's products, to improve the screening of noncompliant consumer products, to improve the effectiveness of consumer product recall programs, and for other purposes. 12/5/2007--Reported to Senate amended.    (There is 1 other summary) CPSC Reform Act of 2007 - (Sec. 3) Amends the Consumer Product Safety Act to authorize appropriations: (1) to carry out the Act; (2) for the office of Inspector General; (3) to make capital improvements to the research, development, and testing facility of the Consumer Product Safety Commission (CPSC); and (4) for research into safety issues related to the use of nanotechnology in consumer products.(Sec. 4) Requires the CPSC, subject to the availability of appropriations, to increase by at least 500 the number of its full time employees and by at least 50 the number of its port of entry and overseas production facility inspectors.[...]

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Latest Action: 08/02/2007 - Sponsor introductory remarks on measure. (CR S10805-10806)

Bill Text
A bill to amend the Small Business Investment Act of 1958 to improve surety bond guarantees, and for other purposes. 8/2/2007--Introduced. Surety Bond Improvement Act of 2007 - Amends the Small Business Investment Act of 1958 to: (1) authorize the Administrator of the Small Business Administration (SBA) to guarantee any surety against loss from a small business principal's breach of bond on any total work or contract amount that does not exceed $3 million (under current law, $2 million); (2) direct the Administrator to authorize a surety that issues, monitors, or services such bonds to use rates approved by the insurance commissioner in the state in which the contract will be performed; and (3) prohibit the Administrator from refusing to make payment on a surety guarantee based on facts, circumstances, or defects that the Administrator should reasonably have identified during the guarantee process. Requires the Administrator to notify the congressional small business [...]

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Latest Action: 08/01/2007 - Sponsor introductory remarks on measure. (CR S10623)

Bill Text
A bill to amend the Mineral Leasing Act to ensure that development of certain Federal oil and gas resources will occur in a manner that protects water resources and respects the rights of surface owners, and for other purposes. 8/1/2007--Introduced. Surface Owner Protection Act - Amends the Mineral Leasing Act to require an operator producing oil or gas (including coalbed methane) under a federal lease to: (1) replace the water supply of a water user who obtains all or part of it from an underground or surface source affected by contamination, diminution, or interruption proximately resulting from such drilling operations; and (2) comply with federal and state law governing discharge of water produced under the lease. Prohibits the Secretary of the Interior from authorizing exploration and drilling operations on land with respect to which title to oil and gas resources is held by the United States but not the title to the surface estate, unless the operator has filed [...]

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Latest Action: 01/11/2008 - Referred to the Subcommittee on Financial Institutions and Consumer Credit.

Bill Text
To amend the Truth in Lending Act to establish transparency and accountability requirements for mortgage brokers, and for other purposes. 8/1/2007--Introduced. Mortgage Broker Transparency and Accountability Act of 2007 – Amends the Truth in Lending Act to establish mandatory responsibilities, duties, and disclosures governing mortgage brokers. Deems any mortgage broker to have a statutory agency relationship with the consumer subject to all requirements under state or federal law. Sets forth disclosure requirements, including disclosure of: (1) the risks and benefits of each home mortgage loan product; (2) possible payment increases at the time of any resetting of rate; (3) the extent of any prepayment penalties and balloon payments; and (4) the consumer's responsibilities to pay taxes and insurance with respect to such product. Requires mortgage brokers to maintain a bond that inures, first, to the benefit of any consumer who has any claim against [...]

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