All Financial services Legislation - Federal Government
S.3677 - A bill to establish a Special Joint Task Force on Financial Crimes.
Latest Action: 10/01/2008 - Sponsor introductory remarks on measure. (CR S10338) Bill Text A bill to establish a Special Joint Task Force on Financial Crimes. 10/1/2008--Introduced.
Financial Crimes Accountability Act of 2008 - Directs the Attorney General to establish within the Department of Justice (DOJ) a Special Joint Task Force on Financial Crimes to: (1) provide direction for the investigation and prosecution of financial crimes (i.e., fraud, misrepresentation, or malfeasance involving financial products); and (2) make recommendations to the Attorney General and the President on allocating resources and coordinating governmental efforts to investigate and prosecute financial crimes. Comment on Bill S.3652 - A bill to provide for financial market investigation, oversight, and reform.
Latest Action: 09/29/2008 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill Text A bill to provide for financial market investigation, oversight, and reform. S.3262 - A bill to reauthorize the women's entrepreneurial development programs of the Small Business Administration, and for other purposes.
Latest Action: 07/14/2008 - Read twice and referred to the Committee on Small Business and Entrepreneurship. Bill Text A 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 S.3162 - A bill to amend the Internal Revenue Code of 1986 to provide relief to improve the competitiveness of United States corporations and small businesses, to eliminate tax incentives to move jobs and profits overseas, and for other purposes.
Latest Action: 06/19/2008 - Sponsor introductory remarks on measure. (CR S5835-5836) Bill Text A bill to amend the Internal Revenue Code of 1986 to provide relief to improve the competitiveness of United States corporations and small businesses, to eliminate tax incentives to move jobs and profits overseas, and for other purposes. 6/19/2008--Introduced. Manufacturing, Assembling, Development, and Export in the USA Tax Act or the MADE in the USA Tax Act - Amends the Internal Revenue Code to: (1) phase in a reduction in the maximum corporate income tax rate from 35 to 28% between 2009 and 2013; (2) increase the deduction for income attributable to domestic production activities and limit such deduction to business entities other than C corporations; (3) make permanent the increased expensing allowance for depreciable business property; (4) repeal certain limitations on the exclusion for the housing expenses of U.S. citizens working abroad; (5) include all foreign-source royalties in passive category income in applying the foreign tax credit limitation; (6) apply the foreign [...] show full description H.R.6275 - To amend the Internal Revenue Code of 1986 to provide individuals temporary relief from the alternative minimum tax, and for other purposes.
Latest Action: 06/26/2008 - Received in the Senate and Read twice and referred to the Committee on Finance. Bill Text To amend the Internal Revenue Code of 1986 to provide individuals temporary relief from the alternative minimum tax, and for other purposes. 6/25/2008--Passed House amended. (There is 1 other summary) Alternative Minimum Tax Relief Act of 2008 - Title I: Individual Tax Relief - Amends the Internal Revenue Code to: (1) increase and extend through 2008 the alternative minimum tax (AMT) exemption amounts; and (2) extend through 2008 the offset of certain nonrefundable personal tax credits against regular and AMT tax liability.Title II: Revenue Provisions- (Sec. 201) Defines an "investment services partnership interest" as any interest in a partnership held by a person who provides services to a partnership by: (1) advising the partnership about investing in, purchasing, or selling specified assets; (2) managing, acquiring, or disposing of specified assets; or (3) arranging financing with respect to acquiring specified assets.[...] show full description H.R.5965 - To encourage small businesses to provide continuing financial education to their employees by providing a credit against income tax to cover a portion of the costs of providing that education and by giving such businesses and corporations providing such financial education preferential status when applying for Federal contracts, loans, and other assistance.
Latest Action: 05/05/2008 - Referred to the Committee on Ways and Means, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee Bill Text To encourage small businesses to provide continuing financial education to their employees by providing a credit against income tax to cover a portion of the costs of providing that education and by giving such businesses and corporations providing such financial education preferential status when applying for Federal contracts, loans, and other assistance. 5/5/2008--Introduced.
Employers Financial Literacy Act - Amends the Internal Revenue Code to allow small business taxpayers a tax credit for up to 35% of the costs of providing continuing financial education to their employees. Grants a preference to such small businesses in the awarding of federal contracts or assistance. H.R.5895 - To require certain labeling of unsolicited commercial mail.
Latest Action: 04/24/2008 - Referred to the House Committee on Financial Services. Bill Text To require certain labeling of unsolicited commercial mail. 4/24/2008--Introduced.
Solicitation Disclosure Act - Requires that any mailed unsolicited commercial offer for any financial product or service (including loans or other credit, insurance, debt refinancing or cancellation, mortgages, and investments) include, on the outside envelope (or if mailed without an envelope, at the top of the solicitation), the label "This Is an Unsolicited Commercial Offer From" followed by the name of the person or company making the offer. Excludes advertisements for retail consumer goods from the definition of "unsolicited commercial offer." Provides for enforcement by the Federal Trade Commission (FTC) under the Federal Trade Commission Act and by other agencies under specified Acts. H.R.5830 - To create a voluntary FHA program that provides mortgage refinancing assistance to allow families to stay in their homes, protect neighborhoods, and help stabilize the housing market.
Latest Action: 05/05/2008 - Reported (Amended) by the Committee on Financial Services. H. Rept. 110-619. Bill Text To create a voluntary FHA program that provides mortgage refinancing assistance to allow families to stay in their homes, protect neighborhoods, and help stabilize the housing market. 5/5/2008--Reported to House amended. (There is 1 other summary) FHA Housing Stabilization and Homeownership Retention Act of 2008 - Title I: Homeownership Retention - (Sec. 102) Amends the National Housing Act (NHA) to create the Refinance Program Oversight Board, which shall establish and oversee a program for insuring homeownership retention mortgages. Instructs the Secretary of Housing and Urban Development (HUD) to insure any homeownership retention mortgage covering a one- to four-family residence made to pay or prepay outstanding obligations under an existing mortgage on the residence. Sets forth mortgagor eligibility criteria, including mortgagor certification that: (1) the residence is the only residence in which the mortgagor has any present [...] show full description H.R.5758 - To prohibit authorized lenders of home equity conversion mortgages from requiring seniors to purchase an annuity with the proceeds of a reverse mortgage, and to provide other consumer protections to reverse mortgage borrowers, and for other purposes.
Latest Action: 04/10/2008 - Referred to the House Committee on Financial Services. Bill Text To prohibit authorized lenders of home equity conversion mortgages from requiring seniors to purchase an annuity with the proceeds of a reverse mortgage, and to provide other consumer protections to reverse mortgage borrowers, and for other purposes. 4/10/2008--Introduced. Reverse Mortgage Proceeds Protection Act - Amends the National Housing Act of 1937 to modify the eligibility criteria for insurance of home equity conversion mortgages (reverse mortgages) of elderly home owners. Excludes from the third party adequate counseling requirement counseling by a reverse mortgage lender, servicer or investor, or an entity engaged in the sale of annuities, investments, long-term care insurance, or any other type of financial or insurance product. Repeals the waiver of upfront insurance premiums for mortgages to fund long-term care insurance. Authorizes the Secretary of Housing and Urban Development (HUD) to use a portion of reverse mortgage insurance premiums [...] show full description H.R.5716 - To amend the Internal Revenue Code of 1986 to provide taxpayer protection and assistance, and for other purposes.
Latest Action: 04/08/2008 - Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the commit Bill Text To amend the Internal Revenue Code of 1986 to provide taxpayer protection and assistance, and for other purposes. 4/8/2008--Introduced. Taxpayer Bill of Rights Act of 2008 - Amends the Internal Revenue Code to require the Secretary of the Treasury to publish a summary statement of specified taxpayer rights and obligations.Authorizes the Secretary to: (1) make grants to provide matching funds for qualified return preparation programs that provide volunteer income tax preparation assistance to low-income taxpayers; and (2) refer such taxpayers to taxpayer clinics funded by the federal government. Requires the Secretary to establish a system for regulating and testing federal income tax return preparers.Requires refund loan facilitators to file annual registrations with the Secretary and to make certain disclosures to borrowers about refund anticipation loans.Expands and increases penalties on tax return preparers for understating taxpayer liabilities.[...] show full description S.2794 - A bill to protect older Americans from misleading and fraudulent marketing practices, with the goal of increasing retirement security.
Latest Action: 04/01/2008 - Sponsor introductory remarks on measure. (CR S2297) Bill Text A 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. H.R.5586 - To amend the Internal Revenue Code of 1986 to expand the availability of the Internal Revenue Service's Taxpayer Assistance Centers.
Latest Action: 03/11/2008 - Referred to the House Committee on Ways and Means. Bill Text To amend the Internal Revenue Code of 1986 to expand the availability of the Internal Revenue Service's Taxpayer Assistance Centers. 3/11/2008--Introduced.
Expanding Tax Assistance Act of 2008 - Amends the Internal Revenue Code to direct the Secretary of the Treasury, subject to available funding, to expand Taxpayer Assistance Centers with the goal of providing at least one Center in each congressional district. Authorizes the use of volunteers and private contractors and grants to accomplish the expansion of such Centers. H.R.5563 - To reauthorize and reform the national service laws.
Latest Action: 03/12/2008 - Considered as unfinished business. (consideration: CR H1560-1561) Bill Text To reauthorize and reform the national service laws. 3/10/2008--Introduced. Generations Invigorating Volunteerism and Education Act, or the GIVE Act - Amends the National and Community Service Act of 1990 (NSCA) and the Domestic Volunteer Service Act of 1973 (DVSA) to revise the programs under such Acts and reauthorize appropriations for such programs through FY2012. Revises under NSCA: (1) the School-Based and Community-Based Service-Learning programs and Higher Education Innovative Programs for Community Service (Learn and Serve programs); (2) National Service Trust programs (AmeriCorps); (3) the National Civilian Community Corps (NCCC); and (4) the Investment for Quality and Innovation program. Eliminates the current Community-Based Learn and Serve programs. Establishes a new Learn and Serve program, Innovative Service-Learning Programs and Research, providing matching grants to: (1) provide community service-learning opportunities to elementary and [...] show full description Latest Action: 02/27/2008 - Read twice and referred to the Committee on Health, Education, Labor, and Pensions. Bill Text A bill to provide grants to promote financial literacy. 2/27/2008--Introduced. Financial Literacy Improvement Act of 2008 - Amends the Elementary and Secondary Education Act of 1965 to direct the Secretary of Education to award formula matching grants to states or partnerships between states and experienced nonprofit providers of financial literacy or personal finance education programs. Requires grantees to use 25% of the grant funds to: (1) develop financial literacy standards and assessments for at least three grade levels; (2) create teacher training programs to embed financial literacy or personal finance education into core academic subjects; and (3) evaluate the impact such education has on students' financial literacy. Requires the remaining grant funds to be used for subgrants to local educational agencies (LEAs) or partnerships between LEAs and community organizations, local businesses, or other educational entities to implement such financial literacy [...] show full description S.2528 - A bill to authorize guarantees for bonds and notes issued for community or economic development purposes.
Latest Action: 12/19/2007 - Sponsor introductory remarks on measure. (CR S16016) Bill Text A bill to authorize guarantees for bonds and notes issued for community or economic development purposes. 12/19/2007--Introduced. Full Faith and Credit in Our Communities Act of 2007 - Amends the Community Banking and Financial Institutions Act of 1994 to require the Secretary of the Treasury to guarantee payments on tax-exempt bonds or notes issued by any approved issuer if their proceeds are used to make loans to eligible community development financial institutions: (1) for eligible community or economic development purposes; or (2) to refinance loans or notes issued for such purposes. Lists among such community or economic development purposes, especially in low-income or underserved rural areas, developing or supporting: (1) commercial facilities that promote revitalization, community stability, or job creation or retention; (2) businesses that provide jobs for low-income people or are owned by low-income people, or enhance the availability of products and services [...] show full description S.2490 - A bill to prohibit authorized lenders of home equity conversion mortgages from requiring seniors to purchase an annuity with the proceeds of a reverse mortgage, and to provide other consumer protections to reverse mortgage borrowers.
Latest Action: 12/14/2007 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill Text A bill to prohibit authorized lenders of home equity conversion mortgages from requiring seniors to purchase an annuity with the proceeds of a reverse mortgage, and to provide other consumer protections to reverse mortgage borrowers. 12/14/2007--Introduced. Reverse Mortgage Proceeds Protection Act - Amends the National Housing Act of 1937 to modify the eligibility criteria for insurance of home equity conversion mortgages (reverse mortgages) of elderly home owners. Excludes from the third party adequate counseling requirement counseling by a reverse mortgage lender, servicer or investor, or an entity engaged in the sale of annuities, investments, long-term care insurance, or any other type of financial or insurance product. Repeals the waiver of up-front insurance premiums for mortgages to fund long-term care insurance. Authorizes the Secretary of Housing and Urban Development (HUD) to use a portion of reverse mortgage insurance premiums to fund mandatory [...] show full description H.R.4159 - To amend the Internal Revenue Code of 1986 to restructure and replace the income tax system of the United States to meet national priorities, and for other purposes.
Latest Action: 11/13/2007 - Referred to the House Committee on Ways and Means. Bill Text To amend the Internal Revenue Code of 1986 to restructure and replace the income tax system of the United States to meet national priorities, and for other purposes. 11/13/2007--Introduced. Simplified USA Tax Act of 2007 - Repeals, after 2006, income tax and estate and gift tax provisions of the Internal Revenue Code of 1986. Replaces such Code with a new tax system, to be known as the Simplified USA Tax. Establishes three income tax brackets at 15, 25, and 30% for individual taxpayers. Redefines "gross income" and allows certain exclusions from gross income, including previously-taxed benefits, tax-exempt bond interest, compensation for injuries and sickness, and gain from the sale of a principal residence. Allows tax deductions for alimony and child support, home mortgage interest, certain higher education expenses, and charitable contributions. Allows a tax credit for employee social security payroll taxes.Revises rules for Roth individual retirement [...] show full description S.2286 - An original bill to establish a nonpartisan commission on natural catastrophe risk management and insurance, and for other purposes.
Latest Action: 11/01/2007 - Committee on Banking, Housing, and Urban Affairs. Original measure reported to Senate by Senator Dodd. Without written report. Bill Text An original bill to establish a nonpartisan commission on natural catastrophe risk management and insurance, and for other purposes. 11/1/2007--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.)Commission on Natural Catastrophe Risk Management and Insurance Act of 2007 - Establishes the Commission on Natural Catastrophe Risk Management and Insurance to report to Congress on its findings and assessments regarding the risks posed to the United States by natural catastrophes, and means for mitigating those risks and paying for losses caused by such catastrophes. Requires the Commission to assess: (1) the condition of the property and casualty insurance and reinsurance markets prior to and in the aftermath of Hurricanes Katrina, Rita, and Wilma in 2005, and the four major hurricanes that struck [...] show full description H.RES.732 - Designating the third week of October as "National Estate Planning Awareness Week".
Latest Action: 07/16/2008 - Committee Consideration and Mark-up Session Held. Bill Text Designating the third week of October as "National Estate Planning Awareness Week". 10/10/2007--Introduced.
Encourages the distribution of estate planning information by professionals to all Americans. Supports the designation of a National Estate Planning Awareness Week (third week of October). H.R.3746 - To amend and extend the Higher Education Act of 1965.
Latest Action: 10/04/2007 - Referred to the House Committee on Education and Labor. Bill Text To amend and extend the Higher Education Act of 1965. 10/4/2007--Introduced. College Access and Opportunity Act of 2007 - Amends the Higher Education Act of 1965 (HEA) to revise and reauthorize appropriations for HEA programs. Establishes a single definition of institutions of higher education (IHEs) for purposes of their participation in all HEA programs, including title IV student aid programs. Allows IHEs to enroll students who are also enrolled in secondary school. Revises higher education consumer information and public accountability requirements. Imposes educational loan disclosure requirements on lenders and IHEs. Replaces the Teacher Quality Enhancement Grants for States and Partnerships program under title II with a new Teacher Quality Partnership grant program for partnerships of high-need local educational agencies (LEAs), high-need schools, IHEs, and public or private educational organizations. Repeals part B (Preparing Tomorrow's [...] show full description H.R.3644 - To establish a nonpartisan Commission on Natural Catastrophe Risk Management and Insurance, and for other purposes.
Latest Action: 09/24/2007 - Referred to the House Committee on Financial Services. Bill Text To establish a nonpartisan Commission on Natural Catastrophe Risk Management and Insurance, and for other purposes. 9/24/2007--Introduced.
Commission on Natural Catastrophe Risk Management and Insurance Act of 2007 - Establishes the Commission on Natural Catastrophe Risk Management and Insurance to report to Congress on the natural catastrophe insurance marketplace, including: (1) the extent to which insurance costs and availability are affected by specified factors; (2) which factors the federal government should address to increase catastrophe insurance availability and competitiveness; and (3) actions the federal government can undertake to achieve this goal without requiring a long-term cross-subsidy from taxpayers. Requires the Commission to report to certain congressional committees before the beginning of the 2008 hurricane season. S.2069 - A bill to increase the United States financial and programmatic contributions to promote economic opportunities for women in developing countries.
Latest Action: 09/19/2007 - Read twice and referred to the Committee on Foreign Relations. (text of measure as introduced: CR S11753-11756) Bill Text A bill to increase the United States financial and programmatic contributions to promote economic opportunities for women in developing countries. 9/19/2007--Introduced. Global Resources and Opportunities for Women to Thrive Act of 2007 or GROWTH Act of 2007 - Targets assistance for women in developing countries with respect to: (1) microenterprises; (2) small and medium enterprises; (3) private property rights and land tenure security; (4) employment access; (5) trade benefits; (6) exchanges with U.S. entrepreneurs; (7) Millennium Challenge Account assistance; and (8) indigenous women's organizations. Directs the Secretary of State to establish the Global Resources and Opportunities for Women to Thrive (GROWTH) Fund to enhance economic opportunities for very poor, poor, and low-income women in developing countries with a focus on: (1) increasing women-owned enterprise development; (2) increasing property rights for women; (3) increasing women's access to financial [...] |
