SECTION 1. SHORT TITLE. This Act may be cited as the ``District of Columbia Tax Revenue Nondiscrimination Act of 1997''. SEC. 2. REPEAL PROVISIONS GRANTING PROPERTY TAX RELIEF TO CERTAIN ENTITIES IN THE DISTRICT OF COLUMBIA. (a) In General.-- (1) American chemical society; american forestry association; brookings institution; carnegie institution of washington, dc; medical society of the district of columbia; national academy of sciences; american pharmaceutical association; national geographic society; national lutheran home; american association to promote the teaching of speech to the deaf.--Section 1(k) of the Act entitled ``An Act to define real property exempt from taxation in the District of Columbia'', approved December 24, 1942 (D.C. Code 47-1002(11)) is hereby repealed. (2) Disabled american veterans.--The Act entitled ``An Act to exempt from taxation certain property of the Disabled American Veterans in the District of Columbia'', approved May 15, 1946 (D.C. Code 47-1003) is hereby repealed. (3) National society of the colonial dames of america.--The Act entitled ``An Act to exempt from taxation certain property of the National Society of the Colonial Dames of America in the District of Columbia'', approved September 7, 1949 (D.C. Code 47-1004) is hereby repealed. (4) Jewish war veterans, u.s.a., national memorial incorporated.-- Public Law 98-486 (D.C. Code 47-1005) is hereby repealed. (5) Louise home.--The Act entitled, ``An Act to incorporate the trustees of the Louise Home, and for other purposes'', approved March 3, 1875 (D.C. Code 47-1012) is hereby repealed. (6) Oak hill.--Section 10 of the Act entitled ``An Act to incorporate the Oak Hill Cemetery, in the District of Columbia'', approved March 3, 1849 (D.C. Code 47-1015) is hereby repealed. (7) Corcoran gallery of art.-- (A) Real property and works of art.--Section 4 of the Act entitled ``An Act to incorporate the Trustees of the Corcoran Gallery of Art, and for other purposes'', approved May 24, 1870 (D.C. Code 47-1016) is hereby repealed. (B) Endowment fund.--The Act entitled ``An Act to exempt from taxation all property held by the trustees of the Corcoran Gallery of Art, and for other purposes'', approved January 26, 1887 (D.C. Code 47- 1017) is hereby repealed. (8) Luther statue association.--Section 4 of the Act entitled ``An Act to incorporate the Luther Statue Association, to erect and maintain a monument or statue in memory of Martin Luther in the District of Columbia'', approved March 3, 1885 (D.C. Code 47-1019) is hereby repealed. (9) Young woman's christian association.-- (A) Young women's christian home.--Section 2 of the Act entitled ``An Act to incorporate the trustees of the Young Woman's Christian Home in Washington, District of Columbia'', approved February 23, 1887 (D.C. Code 47-1021) is amended by striking ``: Provided,'' and all that follows and inserting a period. (B) Property.--Section 1 of the Act entitled ``An Act to exempt the property of the Young Women's Christian Association in the District of Columbia from national and municipal taxation'', approved June 16, 1938 (D.C. Code 47-1022) is amended by striking ``and municipal''. (10) Young men's christian association.--The Act entitled ``An Act to exempt the property of the Young Men's Christian Association of the District of Columbia'', approved June 16, 1894 (D.C. Code 47-1024) is hereby repealed. (11) Edes home.--Section 2 of the Act entitled ``An Act to incorporate the Edes Home'', approved January 1, 1906 (D.C. Code 47-1026) is amended by striking the second sentence. (12) General education board.--Section 6 of the Act entitled ``An Act to incorporate the General Education Board'', approved January 12, 1903 (D.C. Code 47-1027) is hereby repealed. (13) Daughters of the american revolution.--The following provisions of law are hereby repealed: (A) The Act entitled ``An Act to exempt from taxation certain property of the Daughters of the American Revolution in Washington, District of Columbia'', approved May 21, 1924 (D.C. Code 47-1028). (B) The Act entitled ``An Act to exempt from taxation certain property of the Daughters of the American Revolution in Washington, District of Columbia'', approved February 27, 1903 (D.C. Code 47- 1029). (C) The Act entitled ``An Act to exempt from taxation certain property of the Daughters of the American Revolution in Washington, District of Columbia'', approved September 16, 1922 (D.C. Code 47- 1030). (D) The Act entitled ``An Act to exempt from taxation certain property of the Daughters of the American Revolution in Washington, District of Columbia'', approved August 15, 1916 (D.C. Code 47- 1031). (E) The Act entitled ``An Act to exempt from taxation certain property of the Daughters of the American Revolution in Washington, District of Columbia'', approved March 3, 1917 (D.C. Code 47-1032). (14) National society united states daughters of 1812.--The Act entitled ``An Act to exempt from taxation certain property of the National Society United States Daughters of 1812 in the District of Columbia'', approved June 4, 1934 (D.C. Code 47- 1033) is hereby repealed. (15) National society of the sons of the american revolution.--The Act entitled ``An Act to exempt from taxation certain property of the National Society of the Sons of the American Revolution'', approved June 16, 1934 (D.C. Code 47- 1034) is hereby repealed. (16) American legion.--The Act entitled ``An Act to exempt from taxation certain property of the American Legion in the District of Columbia'', approved June 13, 1934 (D.C. Code 47- 1035) is hereby repealed. (17) National education association.--Section 4 of the Act entitled ``An Act to incorporate the National Education Association of the United States'', approved June 30, 1906 (D.C. Code 47-1036) is hereby repealed. (18) Society of the cincinnati.--The Act entitled ``An Act to exempt from taxation certain property of the Society of the Cincinnati, a corporation of the District of Columbia'', approved February 24, 1938 (D.C. Code 47-1037) is hereby repealed. (19) American veterans of wwii.--The Act entitled ``An Act to exempt from taxation certain property of the AMVETS, American Veterans of WWII, in the District of Columbia'', approved June 28, 1952 (D.C. Code 47-1038) is hereby repealed. (20) Veterans of foreign wars.--The Act entitled ``An Act to exempt from taxation certain property of the Veterans of Foreign Wars in the District of Columbia'', approved July 19, 1954 (D.C. Code 47-1039) is hereby repealed. (21) National woman's party.--Public Law 86-706 (D.C. Code 47-1040) is hereby repealed. (22) American association of university women, educational foundation, incorporated.--Public Law 86-709 (D.C. Code 47- 1041) is hereby repealed. . (23) National guard association of the united states.-- Public Law 86-727 (D.C. Code 47-1042) is hereby repealed. (24) Woodrow wilson house.--Public Law 88-470 (D.C. Code 47-1043) is hereby repealed. (25) American institute of architects foundation.--Section 203 of the District of Columbia Revenue Act of 1970 (D.C. Code 47-1044) is hereby repealed. (b) Effective Date.--The amendments made by this section shall apply with respect to taxable years beginning after December 1997. SEC. 3. PERMITTING DISTRICT OF COLUMBIA TO TAX CERTAIN GOVERNMENT- SPONSORED ENTERPRISES. (a) Federal National Mortgage Association.--Section 309(c)(2) of the Federal National Mortgage Association Charter Act (12 U.S.C. 1723a(c)(2)) is amended by striking ``States, or by the District of Columbia'' and inserting ``States (other than the District of Columbia)''. (b) Federal Home Loan Mortgage Corporation.--Section 303(e) of the Federal Home Loan Mortgage Corporation Act (12 U.S.C. 1452(e)) is amended by striking ``authority,'' and inserting ``authority (other than the District of Columbia)''. (c) Student Loan Marketing Association.--Section 439(b)(2) of the Higher Education Act of 1965 (20 U.S.C. 1087-2(b)(2)) is amended by striking ``States, or by the District of Columbia'' and inserting ``States (other than the District of Columbia)''. (d) Effective Date.--The amendments made by this section shall apply with respect to taxable years beginning after December 1997.

Summary: District of Columbia Tax Revenue Nondiscrimination Act of 1997 - Repeals various District of Columbia Code property tax exemptions for specified organizations located in the District of Columbia. Amends specified Federal laws to permit the District of Columbia Government to tax: (1) the Federal National Mortgage Association (FANNIE MAE); (2) the Federal Home Loan Mortgage Corporation (FREDDIE MAC); and (3) the Student Loan Marketing Association (SALLIE MAE).


SECTION 1. SHORT TITLE. This Act may be cited as the ``Accessing Medicare Therapies Act of 2013''. SEC. 2. COUNTING THE NEGOTIATED PRICE OF DRUGS PROVIDED FREE OR AT NOMINAL CHARGE UNDER COMPASSIONATE TREATMENT PROGRAMS TOWARDS INCURRED OUT-OF-POCKET COSTS. (a) In General.--Section 1860D-2(b)(4) of the Social Security Act (42 U.S.C. 1395w-102(b)(4)) is amended-- (1) in subparagraph (C), by striking ``subparagraph (E)'' and inserting ``subparagraphs (E) and (F)''; and (2) by adding at the end the following new subparagraph: ``(F) Inclusion of negotiated price of drugs provided under compassionate treatment programs.-- ``(i) In general.--In applying subparagraph (A) with respect to an individual enrolled in a prescription drug plan, incurred costs shall include the negotiated price described in clause (ii) of a covered part D drug if-- ``(I) the drug is classified, for purposes of applying tiered copayments consistent with section 1860D- 2(b)(2)(B), in the highest copayment tier (such as a tier 4 for specialty brand-name drugs); ``(II) the drug is furnished to the individual free or at nominal charge under a compassionate treatment program (as defined in clause (iii)); and ``(III) the drug, if furnished other than through such program, is covered under the formulary of the plan or is available through exception or appeal. ``(ii) Negotiated price.--The negotiated price described in this clause, for a covered part D drug which is dispensed to an enrollee-- ``(I) by a pharmacy, is the negotiated price at such pharmacy; or ``(II) other than by a pharmacy, is the average negotiated price for the drug in the prescription drug plan in the zip code of the enrollee as of the date the drug is dispensed. ``(iii) Compassionate treatment program defined.--In this subparagraph, the term `compassionate treatment program' means, with respect to covered part D drugs, a program that-- ``(I) is administered by an entity described in section 501(c)(3) of the Internal Revenue Code of 1986 that is exempt from tax under section 501(a) of such Code; ``(II) takes title to the drugs and distributes the drugs to eligible part D individuals free or at nominal charge on the basis of the entity's assessment of financial need of such individuals; ``(III) does not distribute the drugs to an individual unless the individual's household income (as determined under section 36B of the Internal Revenue Code of 1986) is less than the maximum income level for the taxpayer in the household to be eligible for a refundable credit under such section; and ``(IV) meets such additional requirements as the Inspector General of the Department of Health and Human Services establishes, consistent with guidance and advisory opinions issued under section 1128D, to prevent fraud or abuse in the application of this subparagraph.''. (b) Effective Date.--The amendments made by subsection (a) shall apply to drugs furnished in plan years beginning on or after January 1, 2014.

Summary: Accessing Medicare Therapies Act of 2013 - Amends part D (Voluntary Prescription Drug Benefit Program) of title XVIII (Medicare) of the Social Security Act, with respect to cost-sharing under a prescription drug plan, to require incurred costs to include the negotiated price of a covered part D drug if the drug is: (1) classified in the highest copayment tier; (2) furnished to the individual free or at nominal charge under a compassionate treatment program; and (3) covered under the formulary of the plan, if the drug is furnished other than through such a program, or is available through exception or appeal.


SECTION 1. SHORT TITLE. This Act may be cited as the ``Criminal Terrorism Improvements Act of 2006''. SEC. 2. TERRORIST OFFENSE RESULTING IN DEATH. (a) New Offense.--Chapter 113B of title 18, United States Code, is amended by adding at the end the following: ``Sec. 2339E. Terrorist offenses resulting in death ``(a) Whoever, in the course of committing a terrorist offense, engages in conduct that results in the death of a person, shall be punished by death or imprisoned for any term of years or for life. ``(b) As used in this section, the term `terrorist offense' means-- ``(1) a felony offense that is-- ``(A) a Federal crime of terrorism as defined in section 2332b(g), other than an offense under section 1363; or ``(B) an offense under this chapter, section 175, 175b, 229, or 831, or section 236 of the Atomic Energy Act of 1954; or ``(2) a Federal offense that is an attempt or conspiracy to commit an offense described in paragraph (1).''. (b) Clerical Amendment.--The table of sections at the beginning of chapter 113B of title 18, United States Code, is amended by adding at the end the following new item: ``2339E. Terrorist offenses resulting in death.''. SEC. 3. DEATH PENALTY FOR CERTAIN TERROR RELATED CRIMES. (a) Participation in Nuclear and Weapons of Mass Destruction Threats to the United States.--Section 832(c) of title 18, United States Code, is amended by inserting ``punished by death if death results to any person from the offense, or'' after ``shall be''. (b) Missile Systems to Destroy Aircraft.--Section 2332g(c)(3) of title 18, United States Code, is amended by inserting ``punished by death or'' after ``shall be''. (c) Atomic Weapons.--The last sentence of section 222 b. of the Atomic Energy Act of 1954 (42 U.S.C. 2272) is amended by inserting ``death or'' before ``imprisonment for life'' the last place it appears. (d) Radiological Dispersal Devices.--Section 2332h(c)(3) of title 18, United States Code, is amended by inserting ``death or'' before ``imprisonment for life''. (e) Variola Virus.--Section 175c(c)(3) of title 18, United States Code, is amended by inserting ``death or'' before ``imprisonment for life''. SEC. 4. INCREASE IN CERTAIN PENALTIES. (a) Section 2332(b)(1).--Section 2332(b)(1) of title 18, United States Code, is amended by striking ``20 years'' and inserting ``30 years''. (b) Section 2332(c).--Section 2332(c) of title 18, United States Code, is amended by striking ``ten years'' and inserting ``20 years''. (c) Section 2339C(d).--Section 2339C(d) of title 18, United States Code, is amended-- (1) in paragraph (1), by striking ``20 years'' and inserting ``30 years''; and (2) in paragraph (2), by striking ``10 years'' and inserting ``20 years''. SEC. 5. MODERNIZATION OF STATE OF MIND REQUIREMENT FOR SECTION 2339C OFFENSES. Section 2339C of title 18, United States Code, is amended by striking ``unlawfully and wilfully'' and inserting ``knowingly''. SEC. 6. PROVIDING MATERIAL SUPPORT TO TERRORIST GROUPS. (a) Providing Material Support to Terrorists.--Section 2339A(a) of title 18, United States Code, is amended by striking ``, imprisoned not more than 15 years,'' and all that follows through ``life.'' and inserting ``and imprisoned for not less than 10 years or for life, and, if the death of any person results, shall be imprisoned for not less than 30 years or for life.''. (b) Receiving Military-Type Training From a Foreign Terrorist Organization.--Section 2339D of title 18, United States Code, is amended by striking ``or imprisoned for ten years, or both.'' and inserting ``and imprisoned for not less than 3 years and not more than 15 years.''. SEC. 7. DENIAL OF FEDERAL BENEFITS TO CONVICTED TERRORISTS. (a) In General.--Chapter 113B of title 18, United States Code, is amended by adding at the end the following: ``Sec. 2339F. Denial of Federal benefits to terrorists ``(a) In General.--Any individual who is convicted of a Federal crime of terrorism (as defined in section 2332b(g)) shall, as provided by the court on motion of the Government, be ineligible for any or all Federal benefits for any term of years or for life. ``(b) Federal Benefit Defined.--As used in this section, `Federal benefit' has the meaning given that term in section 421(d) of the Controlled Substances Act (21 U.S.C. 862(d)).''. (b) Table of Sections Amendment.--The table of sections of chapter 113B of title 18, United States Code, is amended by inserting at the end the following: ``2339F. Denial of Federal benefits to terrorists.''. SEC. 8. WIRETAP PREDICATE. Section 2516(q) of title 18, United States Code, is amended by striking ``section 2332'' and all that follows through ``2339C'' and inserting ``chapter 113B''. SEC. 9. ADDITION OF ATTEMPTS AND CONSPIRACIES TO AN OFFENSE RELATING TO MILITARY TRAINING. Section 2339D of title 18, United States Code, is amended by inserting ``, or attempts or conspires to receive,'' after ``receives''.

Summary: Criminal Terrorism Improvements Act of 2006 - Amends the federal criminal code to impose the death penalty or life imprisonment on individuals who cause the death of a person while committing a terrorist act. Authorizes the death penalty for: (1) developing, possessing, or threatening to use radiological weapons against a person or against U.S. property; (2) causing the death of an individual by using missile systems designed to destroy aircraft, by using radiological dispersal devices, or by using the variola virus; and (3) use of atomic weapons with intent to injure the United States. Increases criminal penalties for: (1) attempting or conspiring to kill a U.S. national; (2) engaging in physical violence with the intent to injure a U.S. national; (3) financing terrorism or concealing assets to be used for terrorist activities; and (4) providing material support to terrorists or receiving military-type training from a foreign terrorist organization. Amends the crime of receiving military-type training from a foreign terrorist organization to include attempts or conspiracies to receive such training. Denies certain federal benefits to individuals convicted of a federal crime of terrorism. Expands the authorization for interception of communications (wiretapping) to include all federal crimes of terrorism.


SECTION 1. SHORT TITLE. This Act may be cited as the ``International Protecting Girls by Preventing Child Marriage Act of 2010''. SEC. 2. FINDINGS. Congress makes the following findings: (1) Child marriage, also known as ``forced marriage'' or ``early marriage'', is a harmful traditional practice that deprives girls of their dignity and human rights. (2) Child marriage as a traditional practice, as well as through coercion or force, is a violation of article 16 of the Universal Declaration of Human Rights, which states, ``Marriage shall be entered into only with the free and full consent of intending spouses''. (3) According to the United Nations Children's Fund (UNICEF), an estimated 60,000,000 girls in developing countries now ages 20 through 24 were married under the age of 18, and if present trends continue more than 100,000,000 more girls in developing countries will be married as children over the next decade, according to the Population Council. (4) Between \1/2\ and \3/4\ of all girls are married before the age of 18 in Niger, Chad, Mali, Bangladesh, Guinea, the Central African Republic, Mozambique, Burkina Faso, and Nepal, according to Demographic Health Survey data. (5) Factors perpetuating child marriage include poverty, a lack of educational or employment opportunities for girls, parental concerns to ensure sexual relations within marriage, the dowry system, and the perceived lack of value of girls. (6) Child marriage has negative effects on the health of girls, including significantly increased risk of maternal death and morbidity, infant mortality and morbidity, obstetric fistula, and sexually transmitted diseases, including HIV/AIDS. (7) According to the United States Agency for International Development (USAID), increasing the age at first birth for a woman will increase her chances of survival. Currently, pregnancy and childbirth complications are the leading cause of death for women 15 to 19 years old in developing countries. (8) Most countries with high rates of child marriage have a legally established minimum age of marriage, yet child marriage persists due to strong traditional norms and the failure to enforce existing laws. (9) Secretary of State Hillary Clinton has stated that child marriage is ``a clear and unacceptable violation of human rights'', and that ``the Department of State categorically denounces all cases of child marriage as child abuse''. (10) According to an International Center for Research on Women analysis of Demographic and Health Survey data, areas or regions in developing countries in which 40 percent or more of girls under the age of 18 are married are considered high- prevalence areas for child marriage. (11) Investments in girls' schooling, creating safe community spaces for girls, and programs for skills building for out-of-school girls are all effective and demonstrated strategies for preventing child marriage and creating a pathway to empower girls by addressing conditions of poverty, low status, and norms that contribute to child marriage. SEC. 3. CHILD MARRIAGE DEFINED. In this Act, the term ``child marriage'' means the marriage of a girl or boy, not yet the minimum age for marriage stipulated in law in the country in which the girl or boy is a resident or, where there is no such law, under the age of 18. SEC. 4. SENSE OF CONGRESS. It is the sense of Congress that-- (1) child marriage is a violation of human rights, and the prevention and elimination of child marriage should be a foreign policy goal of the United States; (2) the practice of child marriage undermines United States investments in foreign assistance to promote education and skills building for girls, reduce maternal and child mortality, reduce maternal illness, halt the transmission of HIV/AIDS, prevent gender-based violence, and reduce poverty; and (3) expanding educational opportunities for girls, economic opportunities for women, and reducing maternal and child mortality are critical to achieving the Millennium Development Goals and the global health and development objectives of the United States, including efforts to prevent HIV/AIDS. SEC. 5. STRATEGY TO PREVENT CHILD MARRIAGE IN DEVELOPING COUNTRIES. (a) Assistance Authorized.-- (1) In general.--The President is authorized to provide assistance, including through multilateral, nongovernmental, and faith-based organizations, to prevent the incidence of child marriage in developing countries through the promotion of educational, health, economic, social, and legal empowerment of girls and women. (2) Priority.--In providing assistance authorized under paragraph (1), the President shall give priority to-- (A) areas or regions in developing countries in which 40 percent or more of girls under the age of 18 are married; and (B) activities to-- (i) expand and replicate existing community-based programs that are successful in preventing the incidence of child marriage; (ii) establish pilot projects to prevent child marriage; and (iii) share evaluations of successful programs, program designs, experiences, and lessons. (b) Strategy Required.-- (1) In general.--The President shall establish a multi-year strategy to prevent child marriage and promote the empowerment of girls at risk of child marriage in developing countries, which should address the unique needs, vulnerabilities, and potential of girls under age 18 in developing countries. (2) Consultation.--In establishing the strategy required by paragraph (1), the President shall consult with Congress, relevant Federal departments and agencies, multilateral organizations, and representatives of civil society. (3) Elements.--The strategy required by paragraph (1) shall-- (A) focus on areas in developing countries with high prevalence of child marriage; (B) encompass diplomatic initiatives between the United States and governments of developing countries, with attention to human rights, legal reforms, and the rule of law; (C) encompass programmatic initiatives in the areas of education, health, income generation, changing social norms, human rights, and democracy building; and (D) be submitted to Congress not later than one year after the date of the enactment of this Act. (c) Report.--Not later than three years after the date of the enactment of this Act, the President should submit to Congress a report that includes-- (1) a description of the implementation of the strategy required by subsection (b); (2) examples of best practices or programs to prevent child marriage in developing countries that could be replicated; and (3) an assessment, including data disaggregated by age and sex to the extent possible, of current United States funded efforts to specifically prevent child marriage in developing countries. (d) Coordination.--Assistance authorized under subsection (a) shall be integrated with existing United States development programs. (e) Activities Supported.--Assistance authorized under subsection (a) may be made available for activities in the areas of education, health, income generation, agriculture development, legal rights, democracy building, and human rights, including-- (1) support for community-based activities that encourage community members to address beliefs or practices that promote child marriage and to educate parents, community leaders, religious leaders, and adolescents of the health risks associated with child marriage and the benefits for adolescents, especially girls, of access to education, health care, livelihood skills, microfinance, and savings programs; (2) support for activities to educate girls in primary and secondary school at the appropriate age and keeping them in age-appropriate grade levels through adolescence; (3) support for activities to reduce education fees and enhance safe and supportive conditions in primary and secondary schools to meet the needs of girls, including-- (A) access to water and suitable hygiene facilities, including separate lavatories and latrines for girls; (B) assignment of female teachers; (C) safe routes to and from school; and (D) eliminating sexual harassment and other forms of violence and coercion; (4) support for activities that allow adolescent girls to access health care services and proper nutrition, which is essential to both their school performance and their economic productivity; (5) assistance to train adolescent girls and their parents in financial literacy and access economic opportunities, including livelihood skills, savings, microfinance, and small- enterprise development; (6) support for education, including through community and faith-based organizations and youth programs, that helps remove gender stereotypes and the bias against girls used to justify child marriage, especially efforts targeted at men and boys, promotes zero tolerance for violence, and promotes gender equality, which in turn help to increase the perceived value of girls; (7) assistance to create peer support and female mentoring networks and safe social spaces specifically for girls; and (8) support for local advocacy work to provide legal literacy programs at the community level to ensure that governments and law enforcement officials are meeting their obligations to prevent child and forced marriage. SEC. 6. RESEARCH AND DATA. It is the sense of Congress that the President and all relevant agencies should, as part of their ongoing research and data collection activities-- (1) collect and make available data on the incidence of child marriage in countries that receive foreign or development assistance from the United States where the practice of child marriage is prevalent; and (2) collect and make available data on the impact of the incidence of child marriage and the age at marriage on progress in meeting key development goals. SEC. 7. DEPARTMENT OF STATE'S COUNTRY REPORTS ON HUMAN RIGHTS PRACTICES. The Foreign Assistance Act of 1961 is amended-- (1) in section 116 (22 U.S.C. 2151n), by adding at the end the following new subsection: ``(g) The report required by subsection (d) shall include, for each country in which child marriage is prevalent, a description of the status of the practice of child marriage in such country. In this subsection, the term `child marriage' means the marriage of a girl or boy, not yet the minimum age for marriage stipulated in law or under the age of 18 if no such law exists, in the country in which such girl or boy is a resident.''; and (2) in section 502B (22 U.S.C. 2304), by adding at the end the following new subsection: ``(i) The report required by subsection (b) shall include, for each country in which child marriage is prevalent, a description of the status of the practice of child marriage in such country. In this subsection, the term `child marriage' means the marriage of a girl or boy, not yet the minimum age for marriage stipulated in law or under the age of 18 if no such law exists, in the country in which such girl or boy is a resident.''. Passed the Senate December 1, 2010. Attest: NANCY ERICKSON, Secretary.

Summary: International Protecting Girls by Preventing Child Marriage Act of 2010 - (Sec. 3) Defines "child marriage" as the marriage of a girl or boy not yet the minimum age for marriage stipulated in law in the country in which the girl or boy is a resident, or where there is no such law, under the age of 18. (Sec. 4) Expresses the sense of Congress that: (1) child marriage is a violation of human rights and its prevention and elimination should be a U.S. foreign policy goal; and (2) expanding educational opportunities for girls, economic opportunities for women, and reducing maternal and child mortality are critical to achieving the Millennium Development Goals and U.S. global health and development objectives, including efforts to prevent HIV/AIDS. (Sec. 5) Authorizes the President to provide assistance, including through multilateral, nongovernmental, and faith-based organizations, to prevent child marriage in developing countries and to promote the educational, health, economic, social, and legal empowerment of girls and women. Sets forth priority assistance criteria. Directs the President to establish a multi-year strategy to prevent child marriage and promote the empowerment of girls at risk of child marriage in developing countries, and should include addressing the unique needs, vulnerabilities, and potential of girls under age 18 in developing countries. Sets forth strategy elements. (Sec. 6) Expresses the sense of Congress that the President and all relevant agencies should collect and make available data on: (1) the incidence of child marriage in countries that receive U.S. foreign or development assistance where the practice of child marriage is prevalent; and (2) the impact of the incidence of child marriage and the age at marriage on progress in meeting key development goals. (Sec. 7) Amends the Foreign Assistance Act of 1961 to require that Department of State country reports on human rights practices include a description of the status of child marriage for each country in which child marriage is prevalent.


SECTION 1. SHORT TITLE. This Act may be cited as the ``Arches National Park Expansion Act of 1998''. SEC. 2. EXPANSION OF ARCHES NATIONAL PARK, UTAH. (a) Boundary Expansion.--The first section of Public Law 92-155 (16 U.S.C. 272) is amended-- (1) by striking ``That (a) subject to'' and inserting the following: ``SECTION 1. ESTABLISHMENT OF PARK. ``(a) In General.-- ``(1) Initial boundaries.--Subject to''; and (2) by striking ``Such map'' and inserting the following: ``(2) Expanded boundaries.--Effective on the date of enactment of this paragraph, the boundary of the park shall include the area consisting of approximately 3,140 acres and known as the `Lost Spring Canyon Addition', as depicted on the map entitled `Boundary Map, Arches National Park, Lost Spring Canyon Addition', numbered 138/60,000-B, and dated April 1997. ``(3) Maps.--The maps described in paragraphs (1) and (2)''. (b) Inclusion of Land in Park.--Section 2 of Public Law 92-155 (16 U.S.C. 272a) is amended-- (1) by striking ``Sec. 2. The Secretary'' and inserting the following: ``SEC. 2. ACQUISITION OF PROPERTY. ``(a) In General.--The Secretary''; and (2) by adding at the end the following: ``(b) Lost Spring Canyon Addition.--As soon as practicable after the date of enactment of this subsection, the Secretary shall transfer jurisdiction over the Federal land contained in the Lost Spring Canyon Addition from the Bureau of Land Management to the National Park Service.''. (c) Livestock Grazing.--Section 3 of Public Law 92-155 (16 U.S.C. 272b) is amended-- (1) by striking ``Sec. 3. Where'' and inserting the following: ``SEC. 3. LIVESTOCK GRAZING. ``(a) In General.--In a case in which''; and (2) by adding at the end the following: ``(b) Lost Spring Canyon Addition.-- ``(1) Continuation of grazing leases, permits, and licenses.-- In the case of any grazing lease, permit, or license with respect to land in the Lost Spring Canyon Addition that was issued before the date of enactment of this subsection, the Secretary shall, subject to periodic renewal, continue the grazing lease, permit, or license for a period equal to the lifetime of the holder of the grazing lease, permit, or license as of that date plus the lifetime of any direct descendants of the holder born before that date. ``(2) Retirement.--A grazing lease, permit, or license described in paragraph (1) shall be permanently retired at the end of the period described in paragraph (1). ``(3) Periodic renewal.--Until the expiration of the period described in paragraph (1), the holder (or descendant of the holder) of a grazing lease, permit, or license shall be entitled to renew the lease, permit, or license periodically, subject to such limitations, conditions, or regulations as the Secretary may prescribe. ``(4) Sale.--A grazing lease, permit, or license described in paragraph (1) may be sold during the period described in paragraph (1) only on the condition that the purchaser shall, immediately upon acquisition, permanently retire the lease, permit, or license. ``(5) Taylor grazing act.--Nothing in this subsection affects other provisions concerning leases, permits, or licenses under the Act of June 28, 1934 (commonly known as the `Taylor Grazing Act') (48 Stat. 1269, chapter 865; 43 U.S.C. 315 et seq.). ``(6) Administration.--Any portion of a grazing lease, permit, or license with respect to land in the Lost Spring Canyon Addition shall be administered by the National Park Service.''. (d) Withdrawal From Mineral Entry and Leasing; Pipeline Management.--Section 5 of Public Law 92-155 (16 U.S.C. 272d) is amended-- (1) by striking subsection (a) and inserting the following: ``(a) In General.--The Secretary shall administer, protect and develop the park in accordance with the provisions of the law generally applicable to units of the National Park System, including the Act entitled `An Act to establish a National Park Service, and for other purposes', approved August 25, 1916 (39 Stat. 535).''; and (2) by striking subsection (b) and inserting the following: ``(b) Lost Spring Canyon Addition.-- ``(1) Withdrawal.--Subject to valid existing rights, all Federal land in the Lost Spring Canyon Addition is appropriated and withdrawn from entry, location, selection, leasing, or other disposition under the public land laws (including the mineral leasing laws). ``(2) Effect.--The inclusion of the Lost Spring Canyon Addition in the park shall not affect the operation or maintenance by the Northwest Pipeline Corporation (or its successors or assigns) of the natural gas pipeline and related facilities located in the Lost Spring Canyon Addition on the date of enactment of this paragraph.''. (e) Effect on School Trust Land.-- (1) Findings.--Congress finds that-- (A) a parcel of State school trust land, more specifically described as section 16, township 23 south, range 22 east, of the Salt Lake base and meridian, is partially contained within the Lost Spring Canyon Addition included within the boundaries of Arches National Park by the amendment by subsection (a); (B) the parcel was originally granted to the State of Utah for the purpose of generating revenue for the public schools through the development of natural and other resources located on the parcel; and (C) it is in the interest of the State of Utah and the United States for the parcel to be exchanged for Federal land of equivalent value outside the Lost Spring Canyon Addition to permit Federal management of all lands within the Lost Spring Canyon Addition. (2) Land exchange.--Public Law 92-155 (16 U.S.C. 272 et seq.) is amended by adding at the end the following: ``SEC. 8. LAND EXCHANGE INVOLVING SCHOOL TRUST LAND. ``(a) Exchange Requirement.-- ``(1) In general.--If, not later than 1 year after the date of enactment of this section, and in accordance with this section, the State of Utah offers to transfer all right, title, and interest of the State in and to the school trust land described in subsection (b)(1) to the United States, the Secretary-- ``(A) shall accept the offer on behalf of the United States; and ``(B) not later than 180 days after the date of acceptance, shall convey to the State of Utah all right, title, and interest of the United States in and to the land described in subsection (b)(2). ``(2) Simultaneous conveyances.--Title to the school trust land shall be conveyed at the same time as conveyance of title to the Federal lands by the Secretary. ``(3) Valid existing rights.--The land exchange under this section shall be subject to valid existing rights, and each party shall succeed to the rights and obligations of the other party with respect to any lease, right-of-way, or permit encumbering the exchanged land. ``(b) Description of Parcels.-- ``(1) State conveyance.--The school trust land to be conveyed by the State of Utah under subsection (a) is section 16, Township 23 South, Range 22 East of the Salt Lake base and meridian. ``(2) Federal conveyance.--The Federal land to be conveyed by the Secretary consists of approximately 639 acres, described as lots 1 through 12 located in the S\1/2\N\1/2\ and the N\1/2\N\1/ 2\N\1/2\S\1/2\ of section 1, Township 25 South, Range 18 East, Salt Lake base and meridian. ``(3) Equivalent value.--The Federal land described in paragraph (2) shall be considered to be of equivalent value to that of the school trust land described in paragraph (1). ``(c) Management by State.-- ``(1) In general.--At least 60 days before undertaking or permitting any surface disturbing activities to occur on land acquired by the State of Utah under this section, the State shall consult with the Utah State Office of the Bureau of Land Management concerning the extent and impact of such activities on Federal land and resources and conduct, in a manner consistent with Federal law, inventory, mitigation, and management activities in connection with any archaeological, paleontological, and cultural resources located on the acquired lands. ``(2) Preservation of existing uses.--To the extent that it is consistent with applicable law governing the use and disposition of State school trust land, the State shall preserve existing grazing, recreational, and wildlife uses of the acquired lands in existence on the date of enactment of this section. ``(3) Activities authorized by management plan.--Nothing in this subsection precludes the State of Utah from authorizing or undertaking a surface or mineral activity that is authorized by a land management plan for the acquired land. ``(d) Implementation.--Administrative actions necessary to implement the land exchange under this section shall be completed not later than 180 days after the date of enactment of this section.''. Speaker of the House of Representatives. Vice President of the United States and President of the Senate.

Summary: Arches National Park Expansion Act of 1998 - Modifies the boundary of the Arches National Park, Utah, to include the area known as the Lost Spring Canyon Addition. Requires the Secretary of the Interior to transfer jurisdiction over the Federal lands contained in the area from the Bureau of Land Management to the National Park Service. Specifies restrictions on the continuation and sale of existing grazing leases, permits, or licenses for the area. Requires the Secretary to administer, protect, and develop the park in accordance with specified law. Withdraws Federal lands within the area from the public land laws, including the mineral leasing laws. Provides that the inclusion of the area in the Park shall not affect the operation or maintenance of the natural gas pipeline and related facilities located in the area by the Northwest Pipeline Corporation or its successors. Directs the Secretary to transfer specified Federal lands to the State of Utah in exchange for specified State school trust lands in the area, if the State offers such exchange within one year after enactment of this Act. Subjects such exchanged lands to valid existing rights. Specifies requirements to be satisfied by the State before undertaking or permitting any surface disturbing activities on the acquired lands. Requires the State to preserve existing grazing, recreational, and wildlife uses of such lands in existence on the enactment of this Act. Permits Utah to authorize or undertake surface or mineral activities authorized by land management plans for the acquired lands.


SECTION 1. SHORT TITLE. This Act may be cited as the ``First Responders Support Act of 2002''. SEC. 2. HOMELAND SECURITY LIAISON OFFICERS. (a) Chief Homeland Security Liaison Officer.-- (1) Appointment.--The Secretary of Homeland Security shall appoint a Chief Homeland Security Liaison Officer to coordinate the activities of the Homeland Security Liaison Officers, designated under subsection (b). (2) Annual report.--The Chief Homeland Security Liaison Officer shall prepare an annual report, that contains-- (A) a description of the State and local priorities in each of the 50 States based on discovered needs of first responder organizations, including law enforcement agencies, fire and rescue agencies, medical providers, emergency service providers, and relief agencies; (B) a needs assessment that identifies homeland security functions in which the Federal role is duplicative of the State or local role, and recommendations to decrease or eliminate inefficiencies between the Federal Government and State and local entities; (C) recommendations to Congress regarding the creation, expansion, or elimination of any program to assist State and local entities to carry out their respective functions under the Department of Homeland Security; and (D) proposals to increase the coordination of Department of Homeland Security priorities within each State and between the States. (b) Homeland Security Liaison Officers.-- (1) Designation.--The Secretary of Homeland Security shall designate in each State not less than 1 employee of the Department of Homeland Security to-- (A) serve as the Homeland Security Liaison Officer in that State; and (B) provide coordination between the Department of Homeland Security and State and local first responders, including-- (i) law enforcement agencies; (ii) fire and rescue agencies; (iii) medical providers; (iv) emergency service providers; and (v) relief agencies. (2) Duties.--Each Homeland Security Liaison Officer designated under paragraph (1) shall-- (A) ensure coordination between the Department of Homeland Security and-- (i) State, local, and community-based law enforcement; (ii) fire and rescue agencies; and (iii) medical and emergency relief organizations; (B) identify State and local areas requiring additional information, training, resources, and security; (C) provide training, information, and education regarding homeland security for State and local entities; (D) identify homeland security functions in which the Federal role is duplicative of the State or local role, and recommend ways to decrease or eliminate inefficiencies; (E) assist State and local entities in priority setting based on discovered needs of first responder organizations, including law enforcement agencies, fire and rescue agencies, medical providers, emergency service providers, and relief agencies; (F) assist the Department of Homeland Security to identify and implement State and local homeland security objectives in an efficient and productive manner; and (G) serve as a liaison to the Department of Homeland Security in representing State and local priorities and concerns regarding homeland security. SEC. 3. FEDERAL INTERAGENCY COMMITTEE ON FIRST RESPONDERS. (a) In General.--There is established an Interagency Committee on First Responders, that shall-- (1) ensure coordination among the Federal agencies involved with-- (A) State, local, and community-based law enforcement; (B) fire and rescue operations; and (C) medical and emergency relief services; (2) identify community-based law enforcement, fire and rescue, and medical and emergency relief services needs; (3) recommend new or expanded grant programs to improve community-based law enforcement, fire and rescue, and medical and emergency relief services; (4) identify ways to streamline the process through which Federal agencies support community-based law enforcement, fire and rescue, and medical and emergency relief services; and (5) assist in priority setting based on discovered needs. (b) Membership.--The Interagency Committee on First Responders shall be composed of-- (1) the Chief Homeland Security Liaison Officer of the Department of Homeland Security; (2) a representative of the Health Resources and Services Administration of the Department of Health and Human Services; (3) a representative of the Centers for Disease Control and Prevention of the Department of Health and Human Services; (4) a representative of the Federal Emergency Management Agency of the Department of Homeland Security; (5) a representative of the United States Coast Guard of the Department of Homeland Security; (6) a representative of the Department of Defense; (7) a representative of the Office of Domestic Preparedness of the Department of Homeland Security; (8) a representative of the Immigration and Naturalization Service of the Department of Homeland Security; (9) a representative of the Transportation Security Agency of the Department of Homeland Security; (10) a representative of the Federal Bureau of Investigation of the Department of Justice; and (11) representatives of any other Federal agency identified by the President as having a significant role in the purposes of the Interagency Committee on First Responders. (c) Administration.--The Department of Homeland Security shall provide administrative support to the Interagency Committee on First Responders and the Advisory Council, which shall include-- (1) scheduling meetings; (2) preparing agenda; (3) maintaining minutes and records; (4) producing reports; and (5) reimbursing Advisory Council members. (d) Leadership.--The members of the Interagency Committee on First Responders shall select annually a chairperson. (e) Meetings.--The Interagency Committee on First Responders shall meet-- (1) at the call of the Chief Homeland Security Liaison Officer of the Department of Homeland Security; or (2) not less frequently than once every 3 months. SEC. 4. ADVISORY COUNCIL FOR THE FEDERAL INTERAGENCY COMMITTEE ON FIRST RESPONDERS. (a) Establishment.--There is established an Advisory Council for the Federal Interagency Committee on First Responders (in this Act referred to as the ``Advisory Council''). (b) Membership.-- (1) In general.--The Advisory Council shall be composed of not more than 13 members, selected by the Interagency Committee on First Responders. (2) Representation.--The Interagency Committee on First Responders shall ensure that the membership of the Advisory Council represents-- (A) the law enforcement community; (B) fire and rescue organizations; (C) medical and emergency relief services; and (D) both urban and rural communities. (c) Chairperson.--The Advisory Council shall select annually a chairperson from among its members. (d) Compensation of Members.--The members of the Advisory Council shall serve without compensation, but shall be eligible for reimbursement of necessary expenses connected with their service to the Advisory Council. (e) Meetings.--The Advisory Council shall meet with the Interagency Committee on First Responders not less frequently than once every 3 months. SEC. 5. AUTHORIZATION OF APPROPRIATIONS. There are authorized to be appropriated such funds as may be necessary to carry out the provisions of this Act.

Summary: First Responders Support Act of 2002 - Directs the Secretary of Homeland Security to designate in each State at least one employee of the Department of Homeland Security to serve as that State's Homeland Security Liaison Officer and to provide coordination between the Department and State and local first responders. Requires such an Officer to: (1) provide training, information, and education on homeland security for State and local entities; (2) identify homeland security functions in which the Federal role is duplicative of the State or local role and recommend ways to decrease or eliminate inefficiencies; and (3) assist the Department in identifying and implementing State and local homeland security objectives.Requires the Secretary to appoint a Chief Homeland Security Liaison Officer who shall: (1) coordinate the activities of such State Officers; and (2) prepare annual reports on State and local priorities, a needs assessment that identifies duplicative homeland security functions, recommendations regarding program creation, expansion, or elimination to assist State and local entities in carrying out functions under the Department, and proposals to increase the coordination of Department priorities within and between States.Establishes: (1) an Interagency Committee on First Responders that shall ensure coordination among the Federal agencies involved with State, local and community-based law enforcement, fire and rescue operations, and medical and emergency relief services.; and (2) an Advisory Council for such Committee.


SECTION 1. SHORT TITLE. This Act may be cited as the ``Agricultural Water Conservation Act''. SEC. 2. CONGRESSIONAL FINDINGS. The Congress finds that-- (1) the Federal Government has an historic commitment to assisting areas of the Nation in need of developing adequate water supplies, (2) water is becoming increasingly scarce and expensive in many parts of the United States, which is compounded when multiple years of drought occur, (3) in most areas of the United States, farms are overwhelmingly the largest water consumers, and (4) it is in the national interest for farmers to implement water conservation measures which address water conservation needs and for the Federal Government to promote such conservation measures. SEC. 3. CREDIT FOR PURCHASE AND INSTALLATION OF AGRICULTURAL WATER CONSERVATION SYSTEMS. (a) In General.--Subpart B of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 (relating to foreign tax credit, etc.) is amended by adding at the end the following new section: ``SEC. 30B. PURCHASE AND INSTALLATION OF AGRICULTURAL WATER CONSERVATION SYSTEMS. ``(a) Allowance of Credit.--In the case of an eligible taxpayer, there shall be allowed as a credit against the tax imposed by this chapter for the taxable year an amount equal to 30 percent of the water conservation system expenses paid or incurred by the taxpayer during such year. ``(b) Maximum Credit.--The credit allowed by subsection (a) with respect to any water conservation system shall not exceed the product of $500 and the number of acres served by such system. ``(c) Definitions.--For purposes of this section-- ``(1) Eligible taxpayer.--The term `eligible taxpayer' means any taxpayer if-- ``(A) at least 50 percent of such taxpayer's gross income is normally derived from a trade or business referred to in paragraph (3)(C), and ``(B) such taxpayer complies with all Federal, State, and local water rights and environmental laws. ``(2) Water conservation system expenses.-- ``(A) In general.--The term `water conservation system expenses' means expenses for the purchase and installation of a water conservation system but only if-- ``(i) the land served by the water is entirely in an area which has been identified, in the taxable year or in any of the 3 preceding taxable years, as an area of-- ``(I) extreme drought severity on the Palmer Drought Severity Index published by the National Oceanic and Atmospheric Administration, or ``(II) water shortage (due to increasing demands, limited supplies, or limited storage) by the Natural Resources Conservation Service of the Department of Agriculture or the Bureau of Reclamation of the Department of the Interior, ``(ii) the taxpayer has in effect a water conservation plan which has been reviewed and approved by such Service and Bureau, ``(iii) such expenses are consistent with such plan, and ``(iv) there is an irrigation water savings of at least 5 percent which is attributable to such system. For purposes of clause (iv), water savings shall be determined and verified under regulations prescribed jointly by such Service and Bureau. ``(B) Water conservation system.--The term `water conservation system' means materials or equipment which are primarily designed to substantially conserve irrigation water used or to be used on farm land. ``(C) Farm land.--The term `farm land' means land used in a trade or business by the taxpayer or a tenant of the taxpayer for-- ``(i) the production of crops, fruits, or other agricultural products, ``(ii) the raising, harvesting, or growing of trees, or ``(iii) the sustenance of livestock. ``(c) Limitation Based on Amount of Tax.-- ``(1) Liability for tax.--The credit allowable under subsection (a) for any taxable year shall not exceed the excess (if any) of-- ``(A) the regular tax for the taxable year, reduced by the sum of the credits allowable under subpart A and the preceding sections of this subpart, over ``(B) the tentative minimum tax for the taxable year. ``(2) Carryforward of unused credit.--If the amount of the credit allowable under subsection (a) for any taxable year exceeds the limitation under paragraph (1) for the taxable year, the excess shall be carried to the succeeding taxable year and added to the amount allowable as a credit under subsection (a) for such succeeding taxable year. ``(d) Denial of Double Benefit.--No deduction shall be allowed under this chapter with respect to any expense which is taken into account in determining the credit under this section, and any increase in the basis of any property which would (but for this subsection) result from such expense shall be reduced by the amount of credit allowed under this section for such expense.'' (b) Technical Amendment.--Subsection (a) of section 1016 of such Code is amended by striking ``and'' at the end of paragraph (25), by striking the period at the end of paragraph (26) and inserting ``; and'', and by adding at the end the following new paragraph: ``(27) to the extent provided in section 30B(d), in the case of amounts with respect to which a credit has been allowed under section 30B.'' (c) Clerical Amendment.--The table of sections for subpart B of part IV of subchapter A of chapter 1 of such Code is amended by adding at the end the following new item: ``Sec. 30B. Purchase and installation of agricultural water conservation systems.'' (d) Effective Date.--The amendments made by this section shall apply to amounts paid or incurred after the date of the enactment of this Act, in taxable years ending after such date.

Summary: Agricultural Water Conservation Act - Amends the Internal Revenue Code to allow a tax credit for water conservation system expenses, if used on farm land having an extreme drought or a water shortage and meeting other requirements. Limits the amount of the credit and allows unused credit to be carried to the succeeding taxable year. Reduces by the amount of the credit any basis increase that would otherwise occur.


SECTION 1. SHORT TITLE. This Act may be cited as the ``Dollar Bill Act of 2013''. SEC. 2. FINDINGS. Congress finds the following: (1) Article I, section 8 of the Constitution of the United States provides that the Congress shall have Power to coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures. (2) Congress effectively delegated the power to regulate the value of United States money and foreign money to the Federal Reserve System via the Federal Reserve Act of 1913. (3) The value of the United States dollar has fallen dramatically relative to gold, crude oil, other real commodities and major foreign currencies. (4) The value of the United States dollar has become unstable and uncertain. (5) The Board of Governors of the Federal Reserve System has not produced a stable and reliable value for the United States dollar. (6) The Board of Governors of the Federal Reserve System cannot reasonably be expected to produce a stable and reliable value for the United States dollar. (7) An unstable dollar slows the growth of the economy by increasing the cost of capital, increasing the risks attendant to long-term capital investment, and increasing the effective rate of the corporate income tax. (8) An unstable dollar reduces the real earnings of American workers. (9) An unstable dollar reduces the real value of financial assets held by the public. (10) An unstable dollar reduces the real value of pension plans and retirement accounts upon which Americans depend for their security. (11) An unstable dollar damages the economic and political standing of the United States in the world community. (12) An unstable dollar gives rise to anxiety, uncertainty, and risk among the financial markets and the public. SEC. 3. DIRECTIVES TO THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM. (a) In General.--Before the end of the 30-day period beginning on the date of the enactment of this Act, the Board of Governors of the Federal Reserve System shall designate a specific week (the ``Target Week'') starting no earlier than 90 days from the date of the enactment of this Act and ending no later than 120 days from the enactment of this Act. After designating the Target Week, the Board of Governors of the Federal Reserve System shall then employ a random process to select a specific day, hour, minute, and second during the Target Week (the ``Target Moment''), which shall not be publicly disclosed. At the Target Moment, the Board of Governors of the Federal Reserve System shall make the value of the U.S. dollar equal to the price of gold on the exchange operated by the Commodities Exchange, Inc. (COMEX) of the New York Mercantile Exchange, Inc., as of the Target Moment and maintain the value of the United States dollar within plus or minus 2 percent of such price (the ``Target Range'') thereafter. (b) Target.--The Board of Governors of the Federal Reserve System shall maintain the value of the United States dollar within the Target Range directly, via open market operations, and not indirectly, as in the current practice of targeting the Federal Funds rate. (c) Promotion of Stable and Effective Financial Markets.--The Board of Governors of the Federal Reserve System shall use the banking and bank regulatory powers of the Board to maintain and promote stable and effective financial markets during and after the transition to a defined value for the United States dollar. SEC. 4. TAX DEPRECIATION. Effective January 1, 2013, all entities that depreciate capital assets for tax purposes shall be entitled to 100 percent expensing of all capital investment for tax purposes in the year that the investment is made. SEC. 5. DIRECTIVE TO THE CONGRESSIONAL BUDGET OFFICE. In addition to the scoring that the Congressional Budget Office will do of the tax changes provided in this Act in the normal course of events, the Congressional Budget Office shall also calculate the impact on Federal revenues on a present value basis. This calculation shall be done in the manner that such calculations are done by the Social Security Trustees, and shall take into account the following: (1) That first year expensing of capital investment accelerates, but does not change the total amount of the depreciation that taxpayers take based upon their investments. (2) Capital investments by businesses have historically earned much higher returns than the interest rate on government bonds. SEC. 6. CONFLICT OF LAWS PROVISION. In the event that any provisions of this Act are found to be in conflict with those of the Full Employment and Balanced Growth Act of 1978, the provisions of this Act shall supersede the provisions of such Act to the extent of the conflict. SEC. 7. REMOVAL OF FEDERAL RESERVE BANK AUTHORITY TO PAY EARNINGS ON RESERVES. (a) In General.--Section 19(b)(12) of the Federal Reserve Act (12 U.S.C. 461(b)(12)) is amended-- (1) in the heading of such paragraph, by striking ``Earnings'' and inserting ``No earnings''; (2) in subparagraph (A), by striking ``may receive earnings to be paid by the Federal Reserve bank at least once each calendar quarter, at a rate or rates not to exceed the general level of short-term interest rates'' and inserting ``may not receive earnings paid by the Federal Reserve bank''; (3) by striking subparagraph (B); and (4) by redesignating subparagraph (C) as subparagraph (B). (b) Effective Date.--The amendments made under this section shall take effect after the end of the 30-day period beginning on the date of the enactment of this Act.

Summary: Dollar Bill Act of 2013 - Directs the Board of Governors of the Federal Reserve System (Board) to: (1) designate a "Target Week"; (2) employ a random process to select a specific day, hour, minute, and second during such Target Week as "Target Moment" (which shall not be publicly disclosed); (3) make the value of the U.S. dollar at the Target Moment equal to the price of gold on the exchange operated by the Commodities Exchange, Inc. (COMEX) of the New York Mercantile Exchange, Inc.; and (4) maintain the value of the U.S. dollar within plus or minus 2% of such price ("Target Range") thereafter. Instructs the Board maintain the value of the United States dollar within the Target Range directly, via open market operations, and not indirectly, as in the current practice of targeting the Federal Funds rate. Requires the Board to use its banking and bank regulatory powers to maintain and promote stable and effective financial markets during and after the transition to a defined value for the U.S. dollar. Entitles all entities that depreciate capital assets for tax purposes to 100% expensing of all capital investment for tax purposes in the year that the investment is made. Requires the Congressional Budget Office (CBO), in addition to the scoring CBO will do of the tax changes provided in this Act, to calculate the impact on federal revenues on a present value basis. Amends the Federal Reserve Act to remove Federal Reserve Bank authority to pay earnings on reserves.


SECTION 1. SHORT TITLE. This Act may be cited as the ``Incentives to Educate American Children (I Teach) Act of 2002''. SEC. 2. FINDINGS AND PURPOSES. (a) Findings.--Congress makes the following findings: (1) An estimated 2,000,000 new teachers will be needed over the next decade. (2) Under the No Child Left Behind Act of 2001, States must recruit qualified teachers by 2006, yet schools in rural areas and public schools with high poverty have trouble attracting and retaining teachers. (3) Fourteen percent of America's school children attend rural schools, and according to the Rural School and Community Trust 2000 report, ``Why Rural Matters'', rural education is crucial or very important to overall education performance in 25 States, so recruitment and retention of teachers is essential. (4) A 2000 study by the Education Trust reports that high poverty schools are twice as likely not to have teachers certified in their fields than other schools, which highlights that high poverty schools will need special help to meet the goals of No Child Left Behind Act of 2001. (5) The National Board for Professional Teaching Standards was founded in 1987, as a follow up to the landmark 1983 report, ``A Nation at Risk'', by the Carnegie Task Force on Teaching. The National Board for Professional Teaching Standards is an independent, nonprofit, and nonpartisan organization the mission of which is to establish high and rigorous standards for what accomplished teachers should know and be able to do. (6) Over 16,000 teachers from all 50 States and the District of Columbia have completed certification by the National Board for Professional Teaching Standards, which certification is a rigorous assessment process for teachers. (7) Recent data from the Accomplished Teaching Validation Study have demonstrated that teachers who are certified by the National Board for Professional Teaching Standards significantly outperform their peers who are not National Board certified on 11 of 13 key measures of teaching expertise. (8) Teacher salaries have remained stagnant over the past decade, according to a study by the National Education Association, and \2/3\ of the States do not meet the national average of $40,582 for teacher salaries. (b) Purposes.--The purposes of this Act are as follows: (1) To encourage teachers, through a refundable tax credit, to work in public elementary and secondary schools located in rural areas or schools with high poverty. (2) To provide an additional tax credit to teachers who achieve certification from the National Board for Professional Teaching Standards in order to recruit and retain highly qualified teachers in public elementary and secondary schools. SEC. 3. REFUNDABLE TAX CREDIT FOR INDIVIDUALS TEACHING IN ELEMENTARY AND SECONDARY SCHOOLS LOCATED IN HIGH POVERTY OR RURAL AREAS AND CERTIFIED TEACHERS. (a) In General.--Subpart C of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 (relating to refundable credits) is amended by redesignating section 35 as section 36 and by inserting after section 34 the following new section: ``SEC. 35. TAX CREDIT FOR INDIVIDUALS TEACHING IN ELEMENTARY AND SECONDARY SCHOOLS LOCATED IN HIGH POVERTY OR RURAL AREAS AND CERTIFIED TEACHERS. ``(a) Allowance of Credit.--In the case of an eligible teacher, there shall be allowed as a credit against the tax imposed by this subtitle for the taxable year an amount equal to the applicable amount for the eligible academic year ending during such taxable year. ``(b) Applicable Amount.--For purposes of this section-- ``(1) Teachers in schools in rural areas or schools with high poverty.-- ``(A) In general.--In the case of an eligible teacher who performs services in a public kindergarten or a public elementary or secondary school described in subparagraph (B) during the eligible academic year, the applicable amount is $1,000. ``(B) School described.--A public kindergarten or a public elementary or secondary school is described in this subparagraph if-- ``(i) at least 75 percent of the students attending such kindergarten or school receive free or reduced-cost lunches under the school lunch program established under the National School Lunch Act, or ``(ii) such kindergarten or school has a School Locale Code of 7 or 8, as determined by the Secretary of Education. ``(2) Certified teachers.--In the case of an eligible teacher who is certified by the National Board for Professional Teaching Standards for the eligible academic year, the applicable amount is $1,000. ``(3) Certified teachers in schools in rural areas or schools with high poverty.--In the case of an eligible teacher described in paragraphs (1) and (2), the applicable amount is $2,000. ``(c) Eligible Teacher.--For purposes of this section, the term `eligible teacher' means, for any eligible academic year, an individual who is a kindergarten through grade 12 classroom teacher or instructor in a public kindergarten or a public elementary or secondary school on a full-time basis for such eligible academic year. ``(d) Additional Definitions.--For purposes of this section-- ``(1) Elementary and secondary schools.--The terms `elementary school' and `secondary school' have the respective meanings given such terms by section 9101 of the Elementary and Secondary Education Act of 1965. ``(2) Eligible academic year.--The term `eligible academic year' means any academic year ending in a taxable year beginning after December 31, 2002.''. (b) Conforming Amendments.-- (1) Paragraph (2) of section 1324(b) of title 31, United States Code, is amended by inserting before the period ``, or from section 35 of such Code''. (2) The table of sections for subpart C of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by striking the item relating to section 35 and inserting the following new items: ``Sec. 35. Tax credit for individuals teaching in elementary and secondary schools located in high poverty or rural areas and certified teachers. ``Sec. 36. Overpayments of tax.''. (c) Effective Date.--The amendments made by this section shall apply to academic years ending in taxable years beginning after December 31, 2002.

Summary: Incentives to Educate American Children (I Teach) Act of 2002 - Amends the Internal Revenue Code to permit a tax credit of $1,000 for: (1) teachers in public elementary or secondary schools or public kindergartens in rural areas or areas with high poverty; and (2) teachers certified by the National Board for Professional Teaching Standards. Grants a credit of $2,000 for a teacher meeting both criteria.


SECTION 1. SHORT TITLE. This Act may be cited as the ``Dairy Promotion Fairness Act''. SEC. 2. FUNDING OF DAIRY PROMOTION AND RESEARCH PROGRAM. (a) Declaration of Policy.--Section 110(b) of the Dairy Production Stabilization Act of 1983 (7 U.S.C. 4501(b)) is amended-- (1) in the first sentence-- (A) by inserting after ``commercial use'' the following: ``and on imported dairy products''; and (B) by striking ``products produced in the United States.'' and inserting ``products.''; and (2) in the second sentence, by inserting after ``produce milk'' the following: ``or the right of any person to import dairy products''. (b) Definitions.--Section 111 of the Dairy Production Stabilization Act of 1983 (7 U.S.C. 4502) is amended-- (1) in subsection (k), by striking ``and'' at the end; (2) in subsection (l), by striking the period at the end and inserting a semicolon; and (3) by adding at the end the following: ``(m) the term `imported dairy product' means any dairy product that is imported into the United States, including dairy products imported into the United States in the form of-- ``(1) milk, cream, and fresh and dried dairy products; ``(2) butter and butterfat mixtures; ``(3) cheese; and ``(4) casein and mixtures; ``(n) the term `importer' means a person that imports an imported dairy product into the United States; and ``(o) the term `Customs' means the United States Customs Service.''. (c) Representation of Importers on Board.--Section 113(b) of the Dairy Production Stabilization Act of 1983 (7 U.S.C. 4504(b)) is amended-- (1) by inserting ``National Dairy Promotion and Research Board.--'' after ``(b)''; (2) by designating the first through ninth sentences as paragraphs (1) through (5) and paragraphs (7) through (10), respectively, and indenting the paragraphs appropriately; (3) in paragraph (2) (as so designated), by striking ``Members'' and inserting ``Except as provided in paragraph (6), the members''; and (4) by inserting after paragraph (5) (as so designated) the following: ``(6) Importers.-- ``(A) Representation.--The Secretary shall appoint not more than 2 members who represent importers of dairy products and are subject to assessments under the order, to reflect the proportion of domestic production and imports supplying the United States market, which shall be based on the Secretary's determination of the average volume of domestic production of dairy products proportionate to the average volume of imports of dairy products in the United States over the previous three years. ``(B) Additional members; nominations.--The members appointed under this paragraph-- ``(i) shall be in addition to the total number of members appointed under paragraph (2); and ``(ii) shall be appointed from nominations submitted by importers under such procedures as the Secretary determines to be appropriate.''. (d) Importer Assessment.--Section 113(g) of the Dairy Production Stabilization Act of 1983 (7 U.S.C. 4504(g)) is amended-- (1) by inserting ``Assessments.--'' after ``(g)''; (2) by designating the first through fifth sentences as paragraphs (1) through (5), respectively, and indenting appropriately; and (3) by adding at the end the following: ``(6) Importers.-- ``(A) In general.--The order shall provide that each importer of imported dairy products shall pay an assessment to the Board in the manner prescribed by the order. ``(B) Time for payment.--The assessment on imported dairy products shall be paid by the importer to Customs at the time of the entry of the products into the United States and shall be remitted by Customs to the Board. For purposes of this subparagraph, entry of the products into the United States shall be deemed to have occurred when the products are released from custody of Customs and introduced into the stream of commerce within the United States. Importers include persons who hold title to foreign-produced dairy products immediately upon release by Customs, as well as persons who act on behalf of others, as agents, brokers, or consignees, to secure the release of dairy products from Customs and the introduction of the released dairy products into the stream of commerce. ``(C) Rate.--The rate of assessment on imported dairy products shall be determined in the same manner as the rate of assessment per hundredweight or the equivalent of milk. ``(D) Value of products.--For the purpose of determining the assessment on imported dairy products under subparagraph (C), the value to be placed on imported dairy products shall be established by the Secretary in a fair and equitable manner. ``(E) Use of Assessments on Imported Dairy.-- Assessments collected on imported dairy products shall not be used for foreign market promotion.''. (e) Records.--Section 113(k) of the Dairy Production Stabilization Act of 1983 (7 U.S.C. 4504(k)) is amended in the first sentence by striking ``person receiving'' and inserting ``importer of imported dairy products, each person receiving''. (f) Importer Eligibility to Vote in Referendum.--Section 116(b) of the Dairy Promotion Stabilization Act of 1983 (7 U.S.C. 4507(b)) is amended-- (1) in the first sentence-- (A) by inserting after ``of producers'' the following: ``and importers''; and (B) by inserting after ``the producers'' the following: ``and importers''; and (2) in the second sentence, by inserting after ``commercial use'' the following: ``and importers voting in the referendum (who have been engaged in the importation of dairy products during the same representative period, as determined by the Secretary).''.

Summary: Dairy Promotion Fairness Act - Amends the Dairy Production Stabilization Act of 1983 to define "imported dairy product" and "importer" for purposes of the dairy promotion program.Directs the Secretary of Agriculture to appoint up to two qualifying dairy importers to the National Dairy Promotion and Research Board.Requires dairy importers to contribute to the dairy promotion program.Makes both importers and producers (currently, limited to producers) eligible to vote in referendums.


SECTION 1. SHORT TITLE. This Act may be cited as the ``Airport and Airway Trust Fund Financing Act of 2007''. SEC. 2. EXTENSION AND MODIFICATION OF TAXES FUNDING AIRPORT AND AIRWAY TRUST FUND. (a) Rate of Tax on Aviation-Grade Kerosene and Aviation Gasoline.-- (1) Aviation-grade kerosene.--Subparagraph (A) of section 4081(a)(2) of the Internal Revenue Code of 1986 (relating to rates of tax) is amended by striking ``and'' at the end of clause (ii), by striking the period at the end of clause (iii) and inserting ``, and'', and by adding at the end the following new clause: ``(iv) in the case of aviation-grade kerosene, 35.9 cents per gallon.''. (2) Aviation gasoline.--Clause (ii) of section 4081(a)(2)(A) of such Code is amended by striking ``19.3 cents'' and inserting ``24.1 cents''. (3) Fuel removed directly into fuel tank of airplane used in noncommercial aviation.--Subparagraph (C) of section 4081(a)(2) of such Code is amended to read as follows: ``(C) Taxes imposed on fuel used in commercial aviation.--In the case of aviation-grade kerosene which is removed from any refinery or terminal directly into the fuel tank of an aircraft for use in commercial aviation by a person registered for such use under section 4101, the rate of tax under subparagraph (A)(iv) shall be 4.3 cents per gallon.''. (4) Conforming amendments.-- (A) Clause (iii) of section 4081(a)(2)(A) of such Code is amended by inserting ``other than aviation- grade kerosene'' after ``kerosene''. (B) The following provisions of such Code are each amended by striking ``kerosene'' and inserting ``aviation-grade kerosene'': (i) Section 4081(a)(3)(A)(ii). (ii) Section 4081(a)(3)(A)(iv). (iii) Section 4081(a)(3)(D). (C) Section 4081(a)(3)(D) of such Code is amended-- (i) by striking ``paragraph (2)(C)(i)'' in clause (i) and inserting ``paragraph (2)(C)'', and (ii) by striking ``paragraph (2)(C)(ii)'' in clause (ii) and inserting ``paragraph (2)(A)(iv)''. (D) Section 4081(a)(4) of such Code is amended in the heading by striking ``kerosene'' and inserting ``aviation-grade kerosene''. (E) Section 4081(d)(2) of such Code is amended by inserting ``, (a)(2)(A)(iv),'' after ``subsections (a)(2)(A)(ii)''. (b) Extension.-- (1) Fuels taxes.--Paragraph (2) of section 4081(d) of such Code is amended by striking ``gallon--'' and all that follows and inserting ``gallon after September 30, 2011''. (2) Taxes on transportation of persons and property.-- (A) Persons.--Clause (ii) of section 4261(j)(1)(A) of such Code is amended by striking ``September 30, 2007'' and inserting ``September 30, 2011''. (B) Property.--Clause (ii) of section 4271(d)(1)(A) of such Code is amended by striking ``September 30, 2007'' and inserting ``September 30, 2011''. (c) Exemption for Aviation-Grade Kerosene Removed Into an Aircraft.--Subsection (e) of section 4082 of such Code is amended-- (1) by striking ``kerosene'' and inserting ``aviation-grade kerosene'', (2) by striking ``section 4081(a)(2)(A)(iii)'' and inserting ``section 4081(a)(2)(A)(iv)'', and (3) by striking ``Kerosene'' in the heading and inserting ``Aviation-Grade Kerosene''. (d) Retail Tax on Aviation Fuel.-- (1) Exemption for previously taxed fuel.--Paragraph (2) of section 4041(c) of such Code is amended by inserting ``at the rate specified in subsection (a)(2)(A)(iv) thereof'' after ``section 4081''. (2) Rate of tax.--Paragraph (3) of section 4041(c) of such Code is amended to read as follows: ``(3) Rate of tax.--The rate of tax imposed by this subsection shall be the rate of tax in effect under section 4081(a)(2)(A)(iv) (4.3 cents per gallon with respect to any sale or use for commercial aviation).''. (e) Refunds Relating to Aviation-Grade Kerosene.-- (1) Kerosene used in commercial aviation.--Clause (ii) of section 6427(l)(4)(A) of such Code is amended by striking ``specified in section 4041(c) or 4081(a)(2)(A)(iii), as the case may be,'' and inserting ``so imposed''. (2) Kerosene used in aviation.--Paragraph (4) of section 6427(l) of such Code is amended-- (A) by striking subparagraph (B) and redesignating subparagraph (C) as subparagraph (B), and (B) by amending subparagraph (B), as redesignated by subparagraph (A), to read as follows: ``(B) Payments to ultimate, registered vendor.-- With respect to any kerosene used in aviation (other than kerosene to which paragraph (6) applies), if the ultimate purchaser of such kerosene waives (at such time and in such form and manner as the Secretary shall prescribe) the right to payment under paragraph (1) and assigns such right to the ultimate vendor, then the Secretary shall pay (without interest) the amount which would be paid under paragraph (1) to such ultimate vendor, but only if such ultimate vendor-- ``(i) is registered under section 4101, and ``(ii) meets the requirements of subparagraph (A), (B), or (D) of section 6416(a)(1).''. (3) Aviation-grade kerosene not used in aviation.-- Subsection (l) of section 6427 of such Code is amended by redesignating paragraph (5) as paragraph (6) and by inserting after paragraph (4) the following new paragraph: ``(5) Refunds for aviation-grade kerosene not used in aviation.--If tax has been imposed under section 4081 at the rate specified in section 4081(a)(2)(A)(iv) and the fuel is used other than in an aircraft, the Secretary shall pay (without interest) to the ultimate purchaser of such fuel an amount equal to the amount of tax imposed on such fuel reduced by the amount of tax that would be imposed under section 4041 if no tax under section 4081 had been imposed.''. (4) Conforming amendments.-- (A) Section 6427(i)(4) of such Code is amended-- (i) by striking ``(4)(C)'' the first two places it occurs and inserting ``(4)(B)'', and (ii) by striking ``, (l)(4)(C)(ii), and'' and inserting ``and''. (B) Section 4082(d)(2)(B) of such Code is amended by striking ``6427(l)(5)(B)'' and inserting ``6427(l)(6)(B)''. (f) Airport and Airway Trust Fund.-- (1) Extension of trust fund authorities.-- (A) Expenditures from trust fund.--Paragraph (1) of section 9502(d) of such Code is amended-- (i) in the matter preceding subparagraph (A) by striking ``October 1, 2007'' and inserting ``October 1, 2011'', and (ii) in subparagraph (A) by inserting ``or the FAA Reauthorization Act of 2007'' before the semicolon at the end. (B) Limitation on transfers to trust fund.-- Paragraph (2) of section 9502(f) of such Code is amended by striking ``October 1, 2007'' and inserting ``October 1, 2011''. (2) Transfers to trust fund.--Subparagraph (C) of section 9502(b)(1) of such Code is amended to read as follows: ``(C) section 4081 with respect to aviation gasoline and aviation-grade kerosene, and''. (3) Transfers on account of certain refunds.-- (A) In general.--Subsection (d) of section 9502 of such Code is amended-- (i) in paragraph (2) by striking ``(other than subsection (l)(4) thereof)'', and (ii) in paragraph (3) by striking ``(other than payments made by reason of paragraph (4) of section 6427(l))''. (B) Conforming amendments.-- (i) Section 9503(b)(4) of such Code is amended by striking ``or'' at the end of subparagraph (C), by striking the period at the end of subparagraph (D) and inserting a comma, and by inserting after subparagraph (D) the following: ``(E) section 4081 to the extent attributable to the rate specified in clause (ii) or (iv) of section 4081(a)(2)(A), or ``(F) section 4041(c).''. (ii) Section 9503(c) of such Code is amended by striking the last paragraph (relating to transfers from the Trust Fund for certain aviation fuel taxes). (iii) Section 9502(a) of such Code is amended by striking ``, section 9503(c)(7),''. (4) Transfers on account of aviation-grade kerosene not used in aviation.--Section 9502(d) of such Code is amended by adding at the end the following new paragraph: ``(7) Transfers from airport and airway trust fund on account of aviation-grade kerosene not used in aviation.--The Secretary of the Treasury shall pay from time to time from the Airport and Airway Trust Fund into the Highway Trust Fund amounts as determined by the Secretary of the Treasury equivalent to amounts transferred to the Airport and Airway Trust Fund with respect to aviation-grade kerosene not used in aviation.''. (5) Expenditures for air traffic control modernization.-- Section 9502(d) of such Code, as amended by this Act, is amended by adding at the end the following new paragraph: ``(8) Expenditures for air traffic control modernization.-- The following amounts may be used only for making expenditures to carry out air traffic control modernization: ``(A) So much of the amounts appropriated under subsection (b)(1)(C) as the Secretary estimates are attributable to-- ``(i) 14.1 cents per gallon of the tax imposed at the rate specified in section 4081(a)(2)(A)(iv) in the case of aviation-grade kerosene used other than in commercial aviation (as defined in section 4083(b)), and ``(ii) 4.8 cents per gallon of the tax imposed at the rate specified in section 4081(a)(2)(A)(ii) in the case of aviation gasoline used other than in commercial aviation (as so defined). ``(B) Any amounts credited to the Airport and Airway Trust Fund under section 9602(b) with respect to amounts described in this paragraph.''. (g) Effective Date.-- (1) Modifications.--Except as provided in paragraph (2), the amendments made by this section shall apply to fuels removed, entered, or sold after December 31, 2007. (2) Extensions.--The amendments made by subsections (b) and (f)(1) shall take effect on the date of the enactment of this Act. (h) Floor Stocks Tax.-- (1) Imposition of tax.--In the case of aviation fuel which is held on January 1, 2008, by any person, there is hereby imposed a floor stocks tax on aviation fuel equal to-- (A) the tax which would have been imposed before such date on such fuel had the amendments made by this section been in effect at all times before such date, reduced by (B) the sum of-- (i) the tax imposed before such date on such fuel under section 4081 of the Internal Revenue Code of 1986, as in effect on such date, and (ii) in the case of kerosene held exclusively for such person's own use, the amount which such person would (but for this clause) reasonably expect (as of such date) to be paid as a refund under section 6427(l) of such Code with respect to such kerosene. (2) Liability for tax and method of payment.-- (A) Liability for tax.--A person holding aviation fuel on January 1, 2008, shall be liable for such tax. (B) Time and method of payment.--The tax imposed by paragraph (1) shall be paid on April 30, 2008, and in such manner as the Secretary of the Treasury shall prescribe. (3) Transfer of floor stock tax revenues to trust funds.-- For purposes of determining the amount transferred to the Airport and Airway Trust Fund, the tax imposed by this subsection shall be treated as imposed by the provision of section 4081 of the Internal Revenue Code of 1986 which applies with respect to the aviation fuel involved. (4) Definitions.--For purposes of this subsection-- (A) Aviation fuel.--The term ``aviation fuel'' means aviation-grade kerosene and aviation gasoline, as such terms are used within the meaning of section 4081 of the Internal Revenue Code of 1986. (B) Held by a person.--Aviation fuel shall be considered as held by a person if title thereto has passed to such person (whether or not delivery to the person has been made). (C) Secretary.--The term ``Secretary'' means the Secretary of the Treasury or the Secretary's delegate. (5) Exception for exempt uses.--The tax imposed by paragraph (1) shall not apply to any aviation fuel held by any person exclusively for any use to the extent a credit or refund of the tax is allowable under the Internal Revenue Code of 1986 for such use. (6) Exception for certain amounts of fuel.-- (A) In general.--No tax shall be imposed by paragraph (1) on any aviation fuel held on January 1, 2008, by any person if the aggregate amount of such aviation fuel held by such person on such date does not exceed 2,000 gallons. The preceding sentence shall apply only if such person submits to the Secretary (at the time and in the manner required by the Secretary) such information as the Secretary shall require for purposes of this subparagraph. (B) Exempt fuel.--For purposes of subparagraph (A), there shall not be taken into account any aviation fuel held by any person which is exempt from the tax imposed by paragraph (1) by reason of paragraph (6). (C) Controlled groups.--For purposes of this subsection-- (i) Corporations.-- (I) In general.--All persons treated as a controlled group shall be treated as 1 person. (II) Controlled group.--The term ``controlled group'' has the meaning given to such term by subsection (a) of section 1563 of such Code; except that for such purposes the phrase ``more than 50 percent'' shall be substituted for the phrase ``at least 80 percent'' each place it appears in such subsection. (ii) Nonincorporated persons under common control.--Under regulations prescribed by the Secretary, principles similar to the principles of subparagraph (A) shall apply to a group of persons under common control if 1 or more of such persons is not a corporation. (7) Other laws applicable.--All provisions of law, including penalties, applicable with respect to the taxes imposed by section 4081 of such Code on the aviation fuel involved shall, insofar as applicable and not inconsistent with the provisions of this subsection, apply with respect to the floor stock taxes imposed by paragraph (1) to the same extent as if such taxes were imposed by such section.

Summary: Airport and Airway Trust Fund Financing Act of 2007 - Amends the Internal Revenue Code to (1) impose an excise tax on aviation-grade kerosene of 35.9 cents per gallon (4.3 cents per gallon for commercial aviation uses); (2) increase to 24.1 cents per gallon the tax rate for aviation gasoline; and (3) extend through FY2011 the excise tax on the transportation by air of persons and property and the excise tax on aviation gasoline and aviation-grade kerosene. Extends through FY2011 the expenditure authority for the Airport and Airway Trust Fund. Dedicates revenues from the taxes imposed on aviation gasoline and aviation-grade kerosene to carry out air traffic control modernization.