Also tagged in: Agriculture, Agriculture in foreign trade, Air pollution, Alabama, Alcohol tax, Alcoholic beverages, Alternative energy sources, American Samoa, Biomass energy, Bonds, Books, Budgets, Building construction, Business, Carbon dioxide, Cellulose, Charitable contributions, Children, Climate change, Coal, Cogeneration of electric power and heat, College costs, Communications, Computers, Corporation taxes, Criminal justice, Department of the Treasury, Depreciation and amortization, Depressed areas, Diesel motor, District of Columbia, Dividends, Economic development, Economic policy, Education, Educational technology, Electric appliances, Electric power plants, Electric power production, Electric vehicles, Elementary and secondary education, Emergency management, Employee training, Energy, Energy conservation, Energy efficiency, Energy facilities, Environmental protection, Excise tax, Executive departments, Exports, Finance, Fines (Penalties), Food, Foreign corporations, Foreign policy, Foreign tax credit, Fuel cells, Geothermal resources, Government trust funds, Governmental investigations, Greenhouse gases, Higher education, Housing, Humanities, Hurricanes, Hydroelectric power, Incineration, Income tax, Indian economic development, Individual retirement accounts, Interest, Internal Revenue Service (IRS), International affairs, Inventories, Investment tax credit, Irrigation, Job training, Labor, Landfills, Law, Lawyers, Leases, Legal fees, Legal services, Liability for environmental damages, Local taxation, Losses, Louisiana, Marine resources, Methane, Mine safety, Minimum tax, Minorities, Minority employment, Mississippi, Motion pictures, Mutual funds, Natural resources, New York City, Ocean energy resources, Oil pollution, Pensions, Property tax, Puerto Rico, Railroad engineering, Refuse as fuel, Rescue work, Research and development tax credit, Restaurants, Retail trade, Rural affairs, Rural education, Sales tax, School buildings, Science policy, Service stations, Small business, Solar energy, Solid wastes, Sports, Sports facilities, State and local government, State taxation, Stocks, Subsidiary corporations, Tariff, Tax administration, Tax credits, Tax deductions, Tax exclusion, Tax exemption, Tax penalties, Tax preparers, Tax rates, Tax refunds, Tax returns, Tax-exempt organizations, Taxation, Taxation of foreign income, Teacher education, Technology, Television industry, Terrorism, Trade, Transportation, Urban affairs, Urban economic development, Virgin Islands, Wages, Water resources, Wind power, Wool
Latest Action: 06/12/2008 - Sponsor introductory remarks on measure. (CR S5595-5597) Bill TextA bill to amend the Internal Revenue Code of 1986 to extend certain expiring provisions, and for other purposes. 6/12/2008--Introduced. Energy Independence and Tax Relief Act of 2008 - Amends the Internal Revenue Code to extend various provisions relating to energy production and conservation and to individual and business-related activities.Extends through 2009 the tax credit for producing electricity from wind facilities and through 2011 for closed and open-loop biomass, geothermal, small irrigation, hydropower, landfill gas, and trash combustion facilities. Includes marine and hydrokinetic renewable energy as a renewable resource for purposes of such tax credit. Extends through 2014: (1) the energy tax credits for solar energy, fuel cell, and microturbine property; and (2) the residential energy efficient property tax credit. Allows a new investment tax credit for combined heat and power system property.Provides funding for new clean renewable energy [...] show full description
Also tagged in: Agriculture, Air conditioning, Alcohol tax, Alcoholic beverages, Alternative energy sources, American Samoa, Biomass energy, Books, Business, Capital gains tax, Charitable contributions, College costs, Corporation taxes, Criminal justice, Department of the Treasury, Depletion allowances, Depreciation and amortization, Depressed areas, Diesel motor, Economic development, Economic policy, Education, Education of the disadvantaged, Electric appliances, Electric power transmission, Electric utilities, Elementary and secondary education, Emergency management, Energy, Energy conservation, Energy efficiency, Enterprise zones, Environmental protection, Executive departments, Finance, Food, Foreign corporations, Fuel cells, Health insurance, Health policy, Heat pumps, Heating, Higher education, Holding companies, Housing, Humanities, Hurricanes, Incineration, Income tax, Indian economic development, Insurance, Internal Revenue Service (IRS), Inventories, Irrigation, Labor, Leases, Local taxation, Medical care, Military pay, Mine safety, Minimum tax, Minorities, Minority employment, Motion pictures, Mutual funds, Ocean energy resources, Pensions, Puerto Rico, Railroad engineering, Refrigeration, Refuse as fuel, Rescue work, Research and development tax credit, Restaurants, Rural affairs, Sales tax, School buildings, Science policy, Small business, Social security, Social security taxes, Solar energy, Solid wastes, Sports, State and local government, State taxation, Stocks, Subsidiary corporations, Tax administration, Tax credits, Tax deductions, Tax exclusion, Tax exemption, Tax returns, Tax-exempt organizations, Taxation, Taxation of foreign income, Teachers, Television industry, Terrorism, Tidal power, Trade, Transportation, Veterans, Virgin Islands, Water conservation, Water resources
Latest Action: 06/09/2008 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 771. Bill TextA bill to amend the Internal Revenue Code of 1986 to extend certain expiring provisions, and for other purposes. 6/6/2008--Introduced. Alternative Minimum Tax and Extenders Tax Relief Act of 2008 - Amends the Internal Revenue Code to extend expiring provisions relating to the alternative minimum tax, individual and business taxpayers, energy conservation, and tax administration. Extends through 2008 for individual taxpayers: (1) the offset of nonrefundable personal tax credits against regular and alternative minimum tax (AMT) liabilities; and (2) the increased AMT exemption amounts. Extends through 2009: (1) the election to deduct state and local sales taxes in lieu of state and local income taxes; (2) the tax deductions for qualified tuition and related expenses and for certain expenses of elementary and secondary school teachers; (3) tax-free distributions from individual retirement accounts (IRAs) for charitable purposes; and (4) tax rules for treatment of [...] show full description
Also tagged in: Air pollution, Alabama, Alcoholic beverages, Alternative energy sources, Armed forces, Biomass energy, Bonds, Books, Building construction, Business, Capital gains tax, Carbon dioxide, Cellulose, Charitable contributions, Children, Civil rights, Clean coal technology, Climate change, Coal, Coal gasification, College costs, Computers, Congress, Congressional reporting requirements, Construction costs, Corporation taxes, Criminal justice, Curricula, Defense policy, Depreciation and amortization, Diesel motor, Discrimination in insurance, Discrimination in medical care, District of Columbia, Earned income tax credit, Economic policy, Education, Education of the disadvantaged, Educational technology, Electric appliances, Electric vehicles, Elementary and secondary education, Emergency management, Employee stock options, Energy, Energy conservation, Energy efficiency, Energy industries, Enterprise zones, Environmental protection, Excise tax, Finance, Food, Foreign corporations, Foreign policy, Foreign tax credit, Fuel cells, Geothermal resources, Governmental investigations, Greenhouse gases, Health insurance, Health policy, Higher education, Home repair and improvement, Housing, Humanities, Hurricanes, Hydroelectric plants, Hydroelectric power, Incineration, Income tax, Indians, Individual retirement accounts, Interest, International affairs, Inventories, Investment tax credit, Irrigation, Labor, Landfills, Law, Leases, Legal fees, Legal services, Local taxation, Losses, Louisiana, Marine resources, Medical care, Medicine, Mental health services, Methane, Military pay, Minimum tax, Minorities, Minority employment, Mississippi, Mortgages, Motion pictures, Mutual funds, Natural resources, New York City, New York State, Ocean energy resources, Pensions, Property tax, Public-private partnerships, Puerto Rico, Railroad engineering, Refuse as fuel, Research and development tax credit, Restaurants, Science policy, Service stations, Small business, Solar energy, Solid wastes, Sports, Sports facilities, State and local government, State taxation, Stocks, Subsidiary corporations, Tax administration, Tax credits, Tax deductions, Tax evasion, Tax exclusion, Tax exemption, Tax penalties, Tax preparers, Tax rates, Tax refunds, Tax returns, Tax-exempt organizations, Taxation, Teachers, Teaching materials, Technology, Telecommunication, Television industry, Terrorism, Trade, Transportation, Urban affairs, Urban economic development, Veterans, Veterans' benefits, Water resources, Welfare
Latest Action: 07/29/2008 - Motion by Senator Reid to reconsider the vote by which cloture was not invoked on the motion to proceed to the measure [Record Vote Number 150] agreed to in Senate by Unanimous Consent. (consideration: CR S7594) Bill TextTo amend the Internal Revenue Code of 1986 to provide incentives for energy production and conservation, to extend certain expiring provisions, to provide individual income tax relief, and for other purposes. 5/21/2008--Passed House amended. (There are 2 other summaries) (This measure has not been amended since it was reported to the House on May 20, 2008. The summary of that version is repeated here.)Renewable Energy and Job Creation Act of 2008 -Amends the Internal Revenue Code to provide tax incentives for energy production and conservation, to extend expiring tax provisions, and to extend tax benefits to individual and business taxpayers. Title I: Energy Tax Incentives - Subtitle A: Energy Production Incentives - Part I: Renewable Energy Incentives - (Sec. 101) Extends: (1) through 2009 the tax credit for producing electricity from qualified wind facilities; and (2) through 2011 the tax credits for producing electricity [...] show full description
Also tagged in: Airline employees, Armed forces, Auditing, Authorization, Budgets, Central Intelligence Agency, Chief financial officers, Civil liberties, Civil service retirement, Classified defense information, Coast guard, Communications, Confidential funding (Federal budgets), Conflict of interests, Congress, Congressional agencies, Congressional oversight, Congressional reorganization, Congressional reporting requirements, Cost accounting, Counterintelligence, Covert operations, Criminal investigation, Criminal justice, Crisis management, Defense policy, Delegation of powers, Department of Defense, Department of Energy, Department of Homeland Security, Department of Justice, Department of State, Department of the Treasury, Detention of persons, Director of National Intelligence, Drug abuse, Drug Enforcement Administration (DEA), Drug law enforcement, Education, Employee training, Executive departments, Executive reorganization, Federal advisory bodies, Federal aid to education, Federal Bureau of Investigation (FBI), Federal employees, Federal officials, Finance, Financial statements, Foreign policy, Gifts, Government contractors, Government employees, Government information, Government procurement, Government publicity, Government travel, Governmental investigations, Higher education, Human rights, Information leaking, Inspectors general, Intelligence activities, Intelligence community staff, Intelligence officers, Intelligence services, International affairs, Job training, Language and languages, Management information systems, Military intelligence, Missile warheads, Nuclear security measures, Pensions, Performance measurement, Personnel management, Photography, Politics and government, Public contracts, Reconnaissance satellites, Reprogramming of appropriated funds, Research and development, Right of privacy, Salaries, Scholarships, Science policy, Sentences (Criminal procedure), Space activities, Strategic forces, Suspects' rights, Technology, Terrorism, Torture, Transfer of employees, Transportation, Transportation safety, United Nations, Weapons of mass destruction, Weapons systems
Latest Action: 05/08/2008 - Select Committee on Intelligence. Original measure reported to Senate by Senator Rockefeller. With written report No. 110-333. Additional and Minority views filed. Bill TextAn original bill to authorize appropriations for fiscal year 2009 for intelligence and intelligence-related activities of the United States Government, the Community Management Account, and the Central Intelligence Agency Retirement and Disability System, and for other purposes. 5/8/2008--Reported to Senate without amendment. (There is 1 other summary) (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.) Intelligence Authorization Act for Fiscal Year 2009 - Title I: Budget and Personnel Authorizations - (Sec. 101) Authorizes appropriations for FY2009 for the conduct of intelligence and intelligence-related activities of the: (1) Office of the Director of National Intelligence (DNI); (2) Central Intelligence Agency (CIA); (3) Department of Defense (DOD); (4) Defense Intelligence Agency (DIA); (5) National Security Agency (NSA); (6) Departments of the Army,[...] show full description
Also tagged in: Afghanistan, Aged, Armed forces, Arms control, Arms sales, Auditing, Authorization, Awards, medals, prizes, Budgets, Central Intelligence Agency, China, Civil liberties, Civil rights, Civil service retirement, Classified defense information, Coast guard, Commemorations, Common carriers, Communications, Computer security measures, Confidential funding (Federal budgets), Congress, Congressional reporting requirements, Constitution, Counterintelligence, Criminal justice, Defense contracts, Defense economics, Defense policy, Department of Defense, Department of Energy, Department of Homeland Security, Department of Justice, Department of State, Department of the Treasury, Detention of persons, Director of National Intelligence, Drug abuse, Drug Enforcement Administration (DEA), Drug law enforcement, East Asia, Education, Employee training, Energy, Energy conservation, Energy efficiency, Espionage, Executive departments, Executive reorganization, Export controls, Federal aid to education, Federal Bureau of Investigation (FBI), Federal employees, Finance, Financial statements, Fines (Penalties), Foreign policy, Gifts, Government contractors, Government employees, Government information, Government paperwork, Government travel, Higher education, Human rights, Information leaking, Infrastructure, Infrastructure (Economics), Inspectors general, Intelligence activities, Intelligence community staff, Intelligence officers, Intelligence services, International affairs, Iran, Iraq, Iraq compilation, Job training, Language and languages, Mandatory retirement, Middle East and North Africa, Military intelligence, Military occupation, Military operations, Minorities in government, Minority employment, North Korea, Nuclear exports, Nuclear nonproliferation, Nuclear weapons, Official secrets, Ombudsman, Pensions, Personnel management, Police questioning, Politics and government, Prisoners of war, Prisoners' rights, Public contracts, Recruiting of employees, Research and development, Salaries, Scholarships, Science policy, Security clearances, Security measures, South Asia, Suspects' rights, Syria, Technology, Technology transfer, Telecommunication, Terrorism, Torture, Trade, Transfer of employees, Transportation, Weapons of mass destruction, Weapons systems, Women in government, Women's employment
Latest Action: 07/17/2008 - Committee Consideration and Mark-up Session Held. Bill TextTo authorize appropriations for fiscal year 2009 for intelligence and intelligence-related activities of the United States Government, the Community Management Account, and the Central Intelligence Agency Retirement and Disability System, and for other purposes. 5/5/2008--Introduced. Intelligence Authorization Act for Fiscal Year 2009 - Authorizes appropriations for FY2009 for the conduct of intelligence and intelligence-related activities of the: (1) Office of the Director of National Intelligence; (2) Central Intelligence Agency (CIA); (3) Department of Defense (DOD); (4) Defense Intelligence Agency (DIA); (5) National Security Agency (NSA); (6) Departments of the Army, Navy, and Air Force; (7) Coast Guard; (8) Departments of State, the Treasury, Energy, and Justice; (9) Federal Bureau of Investigation (FBI); (10) Drug Enforcement Administration (DEA); (11) National Reconnaissance Office; (12) National Geospatial-Intelligence Agency; and (13) Department of Homeland Security.[...] show full description
Also tagged in: Alcohol tax, Alcoholic beverages, Alternative energy sources, American Samoa, Books, Business, Capital gains tax, Charitable contributions, Coal, College costs, Corporation taxes, Criminal justice, Department of the Treasury, Depreciation and amortization, Depressed areas, Earned income tax credit, Economic development, Economic policy, Education, Education of the disadvantaged, Electric appliances, Elementary and secondary education, Emergency management, Energy, Energy conservation, Energy efficiency, Enterprise zones, Environmental protection, Executive departments, Finance, Food, Foreign corporations, Fuel cells, Health insurance, Health policy, Higher education, Holding companies, Housing, Humanities, Hurricanes, Income tax, Indian economic development, Individual retirement accounts, Insurance, Internal Revenue Service (IRS), Inventories, Labor, Leases, Local taxation, Medical care, Mental health services, Military pay, Mine safety, Minimum tax, Minorities, Minority employment, Mortgages, Motion pictures, Mutual funds, Pensions, Puerto Rico, Railroad engineering, Rescue work, Research and development tax credit, Restaurants, Rural affairs, Sales tax, School buildings, Science policy, Small business, Social security, Social security taxes, Solar energy, Sports, State and local government, State taxation, Stocks, Subsidiary corporations, Tax administration, Tax credits, Tax deductions, Tax exclusion, Tax exemption, Tax returns, Tax-exempt organizations, Taxation, Taxation of foreign income, Teachers, Television industry, Terrorism, Trade, Transportation, Veterans, Virgin Islands, Welfare
Latest Action: 04/17/2008 - Sponsor introductory remarks on measure. (CR S3156-3157) Bill TextA bill to amend the Internal Revenue Code of 1986 to amend certain expiring provisions. 4/17/2008--Introduced. Alternative Minimum Tax and Extenders Tax Relief Act of 2008 - Amends the Internal Revenue Code to extend expiring provisions relating to the alternative minimum tax, individual and business taxpayers, energy conservation, and tax administration. Extends through 2008 for individual taxpayers: (1) the offset of nonrefundable personal tax credits against alternative minimum tax (AMT) liability; and (2) increased AMT exemption amounts.Extends through 2009: (1) the election to include combat zone compensation as earned income for purposes of the earned income tax credit; (2) tax-free distributions from individual retirement plans (IRAs) for individuals called or ordered to active military duty and for charitable purposes; (3) the election to deduct state and local sales taxes in lieu of state and local income taxes; (4) the tax deductions for qualified tuition [...] show full description
Also tagged in: Actions and defenses, Armed forces, Civil liberties, Consumers, Criminal investigation, Criminal justice, Criminal justice information, Data banks, Defense policy, Firearms, Freedom of information, Government information, Identification devices, Informers, Intelligence activities, Law, National security, Products liability, Right of privacy, Technology
Latest Action: 03/13/2008 - Sponsor introductory remarks on measure. (CR 3/14/2008 S2121-2122) Bill TextA bill to authorize appropriate use of information in the Firearms Trace Database, and for other purposes. 3/13/2008--Introduced. Firearms Information Use Act of 2008 - Amends the Consolidated Appropriations Act, 2008 to repeal restrictions on the disclosure of the content of the Firearms Trace System database. Requires the Attorney General to provide firearms information relating to law enforcement, national security, or intelligence purposes that is requested by law enforcement and federal agencies, Members of Congress, or state and tribal officials. Prohibits the public disclosure of firearms information that: (1) identifies any undercover law enforcement officer or informant; (2) contains specific information relating to any case under investigation; or (3) includes the name, address, or any identifying information of a lawful purchaser of any firearm. Restricts the use of information contained in the Firearms Trace System database in civil proceedings.
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, Securities regulation, Small business, Sports, Sports facilities, Tax administration, Tax credits, Tax deductions, Tax exclusion, Tax rates, Taxation, Terrorism, Transportation, 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
Also tagged in: Alabama, Alcohol tax, American Samoa, Armed forces, Bonds, Books, Brokers, Brownfields, Budgets, Business, Caribbean area, Charitable contributions, Children, Civil rights, Collection of accounts, College costs, Computer software, Computers, Congress, Congressional reporting requirements, Cooperative housing, Corporation taxes, Criminal justice, Debt, Defense policy, Depreciation and amortization, Discrimination in insurance, Discrimination in medical care, District of Columbia, Dividends, Earned income tax credit, Economic development, Economic policy, Education, Educational technology, Elementary and secondary education, Elementary education, Employee stock options, Employment, Environmental protection, Estate tax, Expatriation, Families, Federal aid to education, Federal-local relations, Finance, Food, Foreign corporations, Foreign tax credit, Gift tax, Government contractors, Government employees, Government information, Government paperwork, Government travel, Hazardous substances, Hazardous waste sites, Hazardous wastes, Health insurance, Higher education, Home ownership, Housing, Housing finance, Humanities, Hurricanes, Immigration, Income tax, Indian lands, Indians, Individual retirement accounts, Industrial research, Insurance premiums, Interest, Intergovernmental fiscal relations, Investments, Labor, Leases, Liability for environmental damages, Local taxation, Louisiana, Maintenance and repair, Mental health services, Mental illness, Military pay, Military personnel, Minimum tax, Minorities, Mississippi, Mortgage guaranty insurance, Mortgages, Mutual funds, Natural resources, Nature conservation, Partnerships, Pensions, Property tax, Public contracts, Puerto Rico, Railroads, Research and development tax credit, Restaurants, Sales tax, Scholarships, School buildings, Secondary education, Securities industry, Social security taxes, Solid wastes, Sports, Sports facilities, State and local government, State legislators, State taxation, Stocks, Student loan funds, Subsidiary corporations, Surety and fidelity, Tariff, Tax administration, Tax credits, Tax deductions, Tax deferral, Tax evasion, Tax exclusion, Tax incentives, Tax penalties, Tax refunds, Tax returns, Tax-deferred compensation plans, Tax-exempt organizations, Taxation, Taxation of foreign income, Teachers, Teaching materials, Technology, Terrorism, Trade, Transportation, Travel costs, Valuation, Veterans, Veterans' benefits, Virgin Islands, Welfare, Wine, Withholding tax
Latest Action: 12/26/2007 - Became Public Law No: 110-166. Bill TextTo 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.
Also tagged in: Accounting, American Samoa, Armed forces, Bonds, Books, Business, Charitable contributions, Children, College costs, Computers, Corporation taxes, Criminal justice, Defense policy, Depreciation and amortization, District of Columbia, Dividends, Earned income tax credit, Education, Educational technology, Elementary and secondary education, Environmental protection, Finance, Food, Hazardous substances, Hazardous waste sites, Hazardous wastes, Higher education, Home ownership, Housing, Housing finance, Humanities, Income tax, Indian lands, Indians, Individual retirement accounts, Insurance premiums, Interest, Investment advisers, Investment tax credit, Leases, Liability for environmental damages, Local taxation, Maintenance and repair, Military pay, Military personnel, Minimum tax, Minorities, Minority employment, Mortgage guaranty insurance, Mutual funds, Natural resources, Nature conservation, Partnerships, Pensions, Railroad engineering, Research and development tax credit, Restaurants, Sales tax, School buildings, Science policy, Small business, Sports, Sports facilities, State and local government, State taxation, Student loan funds, Tax credits, Tax deductions, Tax evasion, Tax exclusion, Tax exemption, Tax incentives, Tax penalties, Tax rates, Tax-deferred compensation plans, Taxation, Taxation of foreign income, Teachers, Teaching materials, Technology, Terrorism, Textbooks, Veterans, Veterans' benefits, Welfare
Latest Action: 10/25/2007 - Referred to the House Committee on Ways and Means. Bill TextTo amend the Internal Revenue Code of 1986 to provide additional tax relief to low and moderate income individuals, to repeal the individual alternative minimum tax, to reform the corporate income tax, and for other purposes. 10/25/2007--Introduced. Tax Reduction and Reform Act of 2007 - Amends Internal Revenue Code provisions relating to individual income tax rates, the alternative minimum tax, partnerships and corporations and extends certain expiring tax credits, deductions, and other tax incentives.Increases and modifies: (1) the standard tax deduction for individual taxpayers; and (2) the earned income and child tax credits. Extends the increased alternative minimum tax exemptions for individual taxpayers through 2007. Repeals such tax after 2007. Imposes limitations on the itemized deductions and exemptions of taxpayers with adjusted gross incomes in excess of $250,000.Treats partnership income earned for providing investment management services [...] show full description
Also tagged in: Administrative remedies, Department of Commerce, Executive departments, Executive reorganization, Export controls, Fines (Penalties), Forfeiture, Governmental investigations, Judicial review, Law, Limitation of actions, Trade
Latest Action: 08/03/2007 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextA bill to amend and extend the Export Administration Act of 1979 and for other purposes. 8/3/2007--Introduced. Export Enforcement Act of 2007 - Amends the Export Administration Act of 1979 (the Act) to place the Office of Foreign Availability under the direction of the Under Secretary of Commerce for Industry and Security (under current law, the Under Secretary of Commerce for Export Administration). Increases penalties for violations of the Act. Sets forth a five-year statute of limitations for commencing a proceeding in which a civil penalty or other administrative sanction is sought under the Act. Modifies enforcement mechanisms under the Act. Subjects tangible items lawfully seized by U.S. designated officers or employees to forfeiture. Specifies the use of funds made available for undercover investigation operations by the Office of Export Enforcement. Authorizes the Secretary of Commerce, without fiscal year limitations, to expend funds transferred [...] show full description
Also tagged in: Abortion, Administrative fees, Administrative remedies, Aeronautics, Agriculture, Agriculture in foreign trade, Airline passenger traffic, Algae, Alien labor, Ammunition, Animals, Antitrust law, Appropriations, Bankruptcy, Border patrols, Budgets, Building construction, Business, Buy American, Cable television, Census, Children, China, Cigarettes, Citizenship, Civil liberties, Civil rights, Claims, Climate change, Coastal zone, Commission on Civil Rights, Communications, Community policing, Compensation (Law), Compensation for victims of crime, Conferences, Congress, Congressional oversight, Congressional reporting requirements, Consultants, Consumers, Courthouses, Crimes against women, Criminal investigation, Criminal justice, Cultural property, Department of Commerce, Department of Justice, Discrimination in employment, Drug abuse, Drug Enforcement Administration (DEA), Drug law enforcement, East Asia, Education, Elections, Energy, Energy conservation, Environmental protection, Environmental research, Equal Employment Opportunity Commission, Equipment and supplies, Eutrophication, Executive departments, Executive reorganization, Export controls, Federal aid to education, Federal aid to Indians, Federal aid to law enforcement, Federal aid to research, Federal Bureau of Investigation (FBI), Federal employees, Federal law enforcement officers, Federal office buildings, Federally-guaranteed loans, Finance, Fines (Penalties), Firearms, Firearms control, Fishery management, Food, Food service, Foreign trade promotion, Forfeiture, Fraud, Government Accountability Office (GAO), Government contractors, Government corporations, Government employees, Government information, Government liability, Government paperwork, Government procurement, Government publicity, Government statistics, Government travel, Government trust funds, Higher education, Humanities, Identification of criminals, Illegal aliens, Immigration, Independent regulatory commissions, Indians, Information technology, Inspectors general, Intellectual property, Iron and steel industry, Juvenile delinquency, Labeling, Labor, Laboratories, Legal aid, Legal Services Corporation, Lighting, Manufacturing industries, Marine Mammal Commission, Marine mammals, Marine resources, Methamphetamine, Minorities, Minority business enterprises, National Aeronautics and Space Administration, National Science Foundation, Natural resources, Oceanography, Office of Science and Technology Policy, Office of the U.S. Trade Representative, Pardons, Parole, Patents, Personnel management, Political advertising, Politics and government, Pregnant women, Prison labor, Prisoners, Prisons, Privatization, Prosecution, Public contracts, Public records, Religion, Religion in the workplace, Religious liberty, Reprogramming of appropriated funds, Rescission of appropriated funds, Research and development facilities, Research centers, Research grants, Right of asylum, Right of privacy, Salmon, Scholarships, Science policy, Security measures, Smokeless tobacco, Space activities, Space exploration, Space shuttles, Space stations, Subcontractors, Subpoena, Technological innovations, Technology, Telecommunication, Tobacco, Torture, Trade, Trade agreements, Trademarks, Transportation, Travel costs, U.S. International Trade Commission, Unemployment, User charges, Vaccines, Veterans, |