SECTION 1. SHORT TITLE. This Act may be cited as the ``Accelerating Biomedical Research Act''. SEC. 2. FINDINGS. Congress makes the following findings: (1) The National Institutes of Health (referred to in this section as the ``NIH'') is the leading biomedical research entity in the world. It supports researchers in every State as they discover treatments and cures to prevent and reduce human suffering. Thanks in large part to NIH-funded medical research, Americans today are living longer and healthier. Life expectancy in the United States has jumped from 47 years in 1900 to 78 years in 2009, and disability in people over age 65 has dropped dramatically in the past 3 decades. (2) Over the past 40 years, NIH-supported research contributed to the discovery of 153 new Food and Drug Administration-approved drugs, vaccines, or new indications for current drugs. (3) The application success rate is now at an all-time low. From 1980 to 2003, the last year of the doubling, the grant application success rate ranged between 25 and 35 percent. By 2013, the grant success rate had fallen to 16.8 percent. (4) Recent Federal funding cuts threaten to diminish United States leadership in the world. The international community has recognized the role biomedical research plays in generating economic growth. England, China, Brazil, South Korea, India, Singapore, Germany, France and Japan are increasing their investment, despite the worldwide recession. Only the United States has decreased its investment, from 0.215 percent of Gross Domestic Product in 2003 (the last year of the doubling) to 0.174 percent in 2013. In 8 years, if current trends continue, China will surpass the United States in total government biomedical research investment. (5) NIH is vital to the United States economy. In fiscal year 2012, the NIH extramural program supported around 50,000 competitive research grants and 300,000 scientists and research personnel at more than 2,500 universities, medical schools, and other research institutions across our 50 States. (6) Economists have estimated the return on each dollar of investment in NIH to generate anywhere from $1.80 to $3.20 in economic output. The Federal investment of $3,800,000,000 in the Human Genome Project from 1988 to 2003 helped drive $796,000,000,000 in economic output, which is a return of $141 for every $1 invested. (7) In 2013, sales of products built around licensed NIH and Food and Drug Administration inventions included 358 licensees reporting a total of $7,000,000,000 in sales. (8) The historic doubling of Federal funding for the National Institutes of Health ended in fiscal year 2003. Since that time, NIH appropriations have not kept up with biomedical inflation. NIH has lost more than 20 percent of its purchasing power for medical research since 2003. (9) If NIH had kept up with biomedical inflation, NIH's appropriation would have totaled $37,000,000,000 in 2013, instead of the $28,900,000,000 that was actually appropriated, a loss of $8,100,000,000 or 28 percent. To restore funding to the 2003 post-doubling level would require Congress to appropriate $46,500,000,000 in fiscal year 2021, the final year of the Budget Control Act of 2011 (Public Law 112-25). (10) High health care costs from a variety of common conditions threaten Federal, State, and local budgets, as well as the budgets of American families. Recent estimates indicate that the economic costs of Alzheimer's disease is over $200,000,000,000 each year but will rise to over $1,000,000,000,000 by 2050 unless a prevention or cure is found. In 2006, economists found that a future 1 percent reduction in mortality rates from cancer would save $500,000,000,000 to current and future Americans. A cure for cancer was estimated to save $50,000,000,000,000 to Americans, more than 3 times the gross domestic product of the United States in 2012. The Centers for Disease Control and Prevention reports that annual costs from undiagnosed diabetes was $245,000,000,000 each year. And a recent study projects that by 2030, nearly 44 percent of the United States population will face some form of cardiovascular disease costing a total of $1,208,000,000,000 between 2012 and 2030. (11) Budget cap adjustments are how Congress traditionally prioritizes areas of spending that produce economic growth and reduce costs that contribute to the Federal debt. SEC. 3. CAP ADJUSTMENT. Section 251(b)(2) of the Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C. 901(b)(2)) is amended-- (1) by redesignating subparagraph (D) as subparagraph (E); and (2) by inserting after subparagraph (C), the following: ``(D) National institutes of health.-- ``(i) In general.--If a bill or joint resolution making appropriations for a fiscal year is enacted that specifies amounts for the National Institutes of Health at the Department of Health and Human Services (75-9915-1-1-552), then the adjustments for that fiscal year shall be the amount of additional new budget authority provided in that Act for such programs for that fiscal year, but shall not exceed-- ``(I) for fiscal year 2015, $3,000,000,000 in additional new budget authority; ``(II) for fiscal year 2016, $6,300,000,000 in additional new budget authority; ``(III) for fiscal year 2017, $8,100,000,000 in additional new budget authority; ``(IV) for fiscal year 2018, $10,000,000,000 in additional new budget authority; ``(V) for fiscal year 2019, $12,000,000,000 in additional new budget authority; ``(VI) for fiscal year 2020, $14,100,000,000 in additional new budget authority; and ``(VII) for fiscal year 2021, $16,300,000,000 in additional new budget authority. ``(ii) Definitions.--As used in this subparagraph: ``(I) Additional new budget authority.--The term `additional new budget authority' means the amount provided for a fiscal year, in excess of $29,926,104,000, in an appropriation Act and specified to support the National Institutes of Health. ``(II) National institutes of health.--The term `National Institutes of Health' means the appropriations accounts that support the various institutes, offices, and centers that make up the National Institutes of Health.''.

Summary: Accelerating Biomedical Research Act - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 to require certain adjustments to discretionary spending limits in FY2015-FY2021 to accommodate increases in appropriations to the National Institutes of Health (NIH) at the Department of Health and Human Services (HHS).


SECTION 1. SHORT TITLE. This Act may be cited as the ``Technology Investment Incentive Act of 2003''. SEC. 2. EXPENSING OF SOFTWARE AND QUALIFIED TECHNOLOGICAL EQUIPMENT. (a) In General.--Part VI of subchapter B of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after section 179A the following new section: ``SEC. 179B. EXPENSING OF SOFTWARE AND QUALIFIED TECHNOLOGICAL EQUIPMENT. ``(a) Treatment as Expenses.--A taxpayer may elect to treat the cost of any section 179B property as an expense which is not chargeable to capital account. Any cost so treated shall be allowed as a deduction for the taxable year in which the section 179B property is placed in service. ``(b) Section 179B Property.--For purposes of this section-- ``(1) In general.--The term `section 179B property' means property-- ``(A)(i) which is qualified technological equipment (as defined in section 168(i)(2)) to which section 168 applies, or ``(ii) which is qualified computer software to which section 167 applies, ``(B) which is section 1245 property (as defined in section 1245(a)(3)), ``(C) which is acquired by purchase (as defined in section 179(b)(2)) after the date of the enactment of this section and before September 11, 2004, for use in the active conduct of a trade or business, and ``(D) which is placed in service on or before September 11, 2004. ``(2) Qualified computer software.--The term `qualified computer software' means computer software (as defined in section 197(e)(3)(B)) which is described in section 197(e)(3)(A)(i). ``(c) Property Used Outside the United States Not Qualified.--No deduction shall be allowed under subsection (a) with respect to property which is used predominantly outside the United States or with respect to the portion of the cost of any property taken into account under section 179. ``(d) Basis Reduction.-- ``(1) In general.--For purposes of this title, the basis of any property shall be reduced by the amount of the deduction with respect to such property which is allowed by subsection (a). ``(2) Ordinary income recapture.--For purposes of section 1245, the amount of the deduction allowable under subsection (a) with respect to any property that is of a character subject to the allowance for depreciation shall be treated as a deduction allowed for depreciation under section 167.''. (b) Conforming Amendments.-- (1) Section 263(a)(1) of such Code is amended by striking ``or'' at the end of subparagraph (G), by striking the period at the end of subparagraph (H) and inserting ``, or'', and by inserting after subparagraph (H) the following new subparagraph: ``(I) expenditures for which a deduction is allowed under section 179B.''. (2) Section 312(k)(3)(B) of such Code is amended by striking ``or 179A'' each place it appears in the heading and text and inserting ``, 179A, or 179B''. (3) Section 1016(a) of such Code is amended by striking ``and'' at the end of paragraph (29), by striking the period at the end of paragraph (30) and inserting ``, and'', and by inserting after paragraph (30) the following new paragraph: ``(31) to the extent provided in section 179B(d)(1),''. (4) Section 1245(a) of such Code is amended by inserting ``179B,'' after ``179A,'' both places it appears in paragraphs (2)(C) and (3)(C). (5) The table of contents for subpart B of part IV of subchapter A of chapter 1 of such Code is amended by inserting after the item relating to section 179A the following new item: ``Sec. 179B. Expensing of software and qualified technological equipment.''. (c) Effective Date.--The amendments made by this section shall apply to taxable years ending after the date of the enactment of this Act. SEC. 3. 3-YEAR DEPRECIATION OF WIRELESS TELECOMMUNICATIONS EQUIPMENT, ADVANCED SERVICES EQUIPMENT, NETWORK OR NETWORK SYSTEM EQUIPMENT, AND RESEARCH EXPENSES FOR SOFTWARE DEVELOPMENT. (a) In General.--Subsection (e) of section 168 of the Internal Revenue Code of 1986 (relating to classification of property) is amended by adding after paragraph (5) the following new paragraph: ``(6) Certain property treated as 3-year property.-- ``(A) In general.--The term `3-year property' includes property-- ``(i) described in subparagraph (B), (C), or (D), ``(ii) acquired by purchase (as defined in section 179(b)(2)) after the date of the enactment of this paragraph and on or before September 11, 2004, and ``(iii) placed in service on or before September 11, 2004. ``(B) Wireless telecommunications equipment.-- Property is described in this subparagraph if such property is equipment used in the transmission, reception, coordination, or switching of wireless telecommunications service. ``(C) Advanced services equipment.--Property is described in this subparagraph if such property is equipment (excluding cabling) used in the provision of Internet or electronic communications access services or support, or which supports access to electronic media and data and associated communications support, provided that such services or support, constitute or directly contribute to the provisions of advanced telecommunications capability. ``(D) Network or network system equipment.-- Property is described in this subparagraph if such property is information technology equipment, including computer servers, hubs, bridges, switches and routers, which are interconnected so as to enable computers and peripherals to communicate with each other either individually or as a single unit. ``(E) Treatment under alternative system.--Property treated as 3-year property by this paragraph shall be treated as having a class life of 3 years for purposes of subsection (g).'' (b) Research Expenses for Software Development.--Subsection (b) of section 174 of such Code is amended by adding at the end the following new paragraph: ``(3) Expenditures for software development.--Paragraph (1) shall be applied by substituting `36 months' for `60 months' in the case of expenditures for software development which are made after the date of the enactment of this paragraph and before September 11, 2004.'' (c) Effective Date.--The amendments made by this section shall apply to taxable years ending after the date of the enactment of this Act.

Summary: Technology Investment Incentive Act of 2003 - Amends the Internal Revenue Code to: (1) permit the expensing of certain technological equipment and computer software; and (2) include, for recovery purposes, as three-year property certain wireless telecommunications equipment, advanced services equipment, network or network system equipment, and research expenses for software development.


SECTION 1. ENERGYGRANT COMPETITIVE EDUCATION PROGRAM. (a) Definitions.--In this section: (1) Institution of higher education.--The term ``institution of higher education'' has the meaning given the term in section 101(a) of the Higher Education Act of 1965 (20 U.S.C. 1001(a)). (2) Secretary.--The term ``Secretary'' means the Secretary of Energy, acting through the Director appointed under subsection (c). (3) State.--The term ``State'' means-- (A) a State; (B) the District of Columbia; (C) the Commonwealth of Puerto Rico; and (D) any other territory or possession of the United States. (b) Establishment.--The Secretary shall establish and carry out a program to awards grants, on a competitive basis, to each consortium of institutions of higher education operating in each of the regions established under subsection (d) to conduct research, extension, and education programs relating to the energy needs of the regions. (c) Director.--The Secretary shall appoint a Director to carry out the program established under this section. (d) Grants.-- (1) In general.--The Secretary shall use amounts made available under this section to award grants, on a competitive basis, to each consortium of institutions of higher education located in each of at least 6 regions established by the Secretary that, collectively, cover all States. (2) Manner of distribution.-- (A) In general.--Except as provided in subparagraph (B), in making grants for a fiscal year under this section, the Secretary shall award grants to each consortium of institutions of higher education in equal amounts for each region of not less than $50,000,000 for each region. (B) Territories and possessions.--The Secretary may adjust the amount of grants awarded to a consortium of institutions of higher education in a region under this section if the region contains territories or possessions of the United States. (3) Plans.--As a condition of an initial grant under this section, a consortium of institutions of higher education in a region shall submit to the Secretary for approval a plan that-- (A) addresses the energy needs for the region; and (B) describes the manner in which the proposed activities of the consortium will address those needs. (4) Failure to comply with requirements.--If the Secretary finds on the basis of a review of the annual report required under subsection (g) or on the basis of an audit of a consortium of institutions of higher education conducted by the Secretary that the consortium has not complied with the requirements of this section, the consortium shall be ineligible to receive further grants under this section for such period of time as may be prescribed by the Secretary. (e) Use of Funds.-- (1) Competitive grants.-- (A) In general.--A consortium of institutions of higher education in a region that is awarded a grant under this section shall use the grant to conduct research, extension, and education programs relating to the energy needs of the region, including-- (i) the promotion of low-carbon clean and green energy and related jobs that are applicable to the region; (ii) the development of low-carbon green fuels to reduce dependency on oil; (iii) the development of energy storage and energy management innovations for intermittent renewable technologies; and (iv) the accelerated deployment of efficient-energy technologies in new and existing buildings and in manufacturing facilities. (B) Administration.-- (i) In general.--Subject to clauses (ii) through (vi), the Secretary shall make grants under this paragraph in accordance with section 989 of the Energy Policy Act of 2005 (42 U.S.C. 16353). (ii) Priority.--A consortium of institutions of higher education in a region shall give a higher priority to programs that are consistent with the plan approved by the Secretary for the region under subsection (d)(3). (iii) Term.--A grant awarded to a consortium of institutions of higher education under this section shall have a term that does not exceed 5 years. (iv) Cost-sharing requirement.--As a condition of receiving a grant under this paragraph, the Secretary shall require the recipient of the grant to share costs relating to the program that is the subject of the grant in accordance with section 988 of the Energy Policy Act of 2005 (42 U.S.C. 16352). (v) Buildings and facilities.--Funds made available for grants under this section shall not be used for the construction of a new building or facility or the acquisition, expansion, remodeling, or alteration of an existing building or facility (including site grading and improvement and architect fees). (vi) Limitation on indirect costs.--A consortium of institutions of higher education may not recover the indirect costs of using grants under subparagraph (A) in excess of the limits established under paragraph (2). (C) Federally funded research and development centers.-- (i) In general.--A federally funded research and development center may be a member of a consortium of institutions of higher education that receives a grant under this section. (ii) Scope.--The Secretary shall ensure that the scope of work performed by a single federally funded research and development center in the consortium is not more significant than the scope of work performed by any of the other academic institutions of higher education in the consortium. (2) Administrative expenses.--A consortium of institutions of higher education may use up to 15 percent of the funds described in subsection (d) to pay administrative and indirect expenses incurred in carrying out paragraph (1), unless otherwise approved by the Secretary. (f) Grant Information Analysis Center.--A consortium of institutions of higher education in a region shall maintain an Energy Analysis Center at 1 or more of the institutions of higher education to provide the institutions of higher education in the region with analysis and data management support. (g) Annual Reports.--Not later than 90 days after the end of each fiscal year, a consortium of institutions of higher education receiving a grant under this section shall submit to the Secretary a report that describes the policies, priorities, and operations of the program carried out by the consortium of institutions of higher education under this section during the fiscal year. (h) Administration.--Not later than 180 days after the date of enactment of this Act, the Secretary shall establish such criteria and procedures as are necessary to carry out this section. (i) Coordination.--The Secretary shall coordinate with the Secretary of Agriculture and the Secretary of Commerce each activity carried out under the program under this section-- (1) to avoid duplication of efforts; and (2) to ensure that the program supplements and does not supplant-- (A) the Sun Grant program established under section 7526 of the Food, Conservation, and Energy Act of 2008 (7 U.S.C. 8114); and (B) the national Sea Grant college program carried out by the Administrator of the National Oceanic and Atmospheric Administration. (j) Authorization of Appropriations.--There are authorized to be appropriated to carry out-- (1) this section $300,000,000 for each of fiscal years 2010 through 2014; and (2) the activities of the Department of Energy (including biomass and bioenergy feedstock assessment research) under the Sun Grant program established under section 7526 of the Food, Conservation, and Energy Act of 2008 (7 U.S.C. 8114) $15,000,000 for each of fiscal years 2010 through 2014.

Summary: Directs the Secretary of Energy to award competitive matching grants to consortia of institutions of higher education (IHEs) located in at least six regions covering all the states to conduct research, extension, and education programs relating to the energy needs of such regions. Includes among such needs: (1) the promotion of low-carbon clean and green energy and related jobs; (2) the development of low-carbon green fuels to reduce dependency on oil; (3) the development of energy storage and energy management innovations for intermittent renewable technologies; and (4) the accelerated deployment of efficient-energy technologies in buildings and manufacturing facilities. Allows federally funded research and development centers to be members of such consortia. Requires each grantee to maintain an Energy Analysis Center to provide the IHEs in the region with analysis and data management support. Authorizes appropriations for this Act's grant program and the Department of Energy's Sun Grant program, which supports research involving bioenergy and biofuels production.


SECTION 1. SHORT TITLE. This Act may be cited as the ``Solar Stimulus for Job Creation and Energy Independence Act of 2009''. SEC. 2. REFUNDABLE INVESTMENT CREDIT FOR PROPERTY USED TO MANUFACTURE SOLAR ENERGY PROPERTY. (a) In General.--Subparagraph (A) of section 48(a)(3) of the Internal Revenue Code of 1986 (defining energy property) is amended by striking ``or'' at the end of clause (vi), by adding ``or'' at the end of clause (vii), and by inserting after clause (vii) the following new clause: ``(viii) property used to manufacture equipment described in clause (i) or (ii),''. (b) Credit To Be Refundable.-- (1) In general.--Subsection (c) of section 38 of the Internal Revenue Code of 1986 (relating to limitation based on amount of tax) is amended by redesignating paragraph (5) as paragraph (6) and by inserting after paragraph (4) the following new paragraph: ``(5) Special rules for solar energy investment credit.-- ``(A) In general.--In the case of the solar energy investment credit-- ``(i) this section and section 39 shall be applied separately with respect to such credit, ``(ii) in applying paragraph (1) to such credit-- ``(I) the tentative minimum tax shall be treated as being zero, and ``(II) the limitation under paragraph (1) (as modified by subclause (I)) shall be reduced by the credit allowed under subsection (a) for the taxable year (other than the solar energy investment credit), and ``(iii) the amount of the solar energy investment credit in excess of the limitation under paragraph (1) (as modified by subclause (II)) shall be treated as a credit under subpart C. ``(B) Solar energy investment credit.--For purposes of this subsection, the term `solar energy investment credit' means so much of the energy credit as is attributable to property described in clause (viii) of section 48(a)(3)(A). ``(C) Termination.--This paragraph shall not apply to any taxable year ending after December 31, 2010.''. (2) Conforming amendments.-- (A) Subclause (II) of section 38(c)(2)(A)(ii) of such Code is amended by striking ``and the specified credits'' and inserting ``the specified credits, and the solar energy investment credit''. (B) Subclause (II) of section 38(c)(3)(A)(ii) of such Code is amended by striking ``and the specified credits'' and inserting ``, the specified credits, and the solar energy investment credit''. (C) Subclause (II) of section 38(c)(4)(A)(ii) of such Code is amended by inserting ``and the solar energy investment credit'' after ``specified credits''. (D) Paragraph (2) of section 1324(b) of title 31, United States Code, is amended by inserting ``38(c)(5),'' after ``36,''. (c) Effective Date.--The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act. SEC. 3. EXCEPTION FROM SUBSIDIZED ENERGY FINANCING RULES FOR SOLAR ENERGY PROPERTY. (a) In General.--Subparagraph (C) of section 48(a)(4) of the Internal Revenue Code of 1986 (defining subsidized energy financing) is amended by adding at the end the following new sentence: ``Such term shall not include any loan described in section 141(c)(2)(D).'' (b) Effective Date.--The amendment made by subsection (a) shall apply to property placed in service after such date in taxable years ending after such date. SEC. 4. EXCEPTION FROM PRIVATE ACTIVITY BOND TESTS FOR FINANCING OF SOLAR ENERGY PROPERTY. (a) Exception From Private Business Use Test.--Paragraph (6) of section 141(b) of the Internal Revenue Code of 1986 is amended by adding at the end the following new subparagraph: ``(C) Solar energy property.--For purposes of subparagraph (A), property described in clause (i) or (ii) of section 48(a)(3)(A) shall not be treated as used in a trade or business.''. (b) Exception From Private Loan Financing Test.--Paragraph (2) of section 141(c) of the Internal Revenue Code of 1986 (relating to exception for tax assessment, etc., loans) is amended by striking ``or'' at the end of subparagraph (B), by striking the period at the end of subparagraph (C) and inserting ``, or'', and by adding at the end the following new subparagraph: ``(D) enables the borrower to finance the acquisition, construction, and installation of property described in clause (i) or (ii) of section 48(a)(3)(A).''. (c) Effective Date.--The amendments made by this section shall apply to obligations issued after the date of the enactment of this Act. SEC. 5. GOVERNMENT PROCUREMENT OF SOLAR ENERGY. Section 203 of the Energy Policy Act of 2005 (42 U.S.C. 15852) is amended-- (1) by redesignating subsection (d) as subsection (e); and (2) by inserting after subsection (c) the following new subsection (d): ``(d) Contracts for Renewable Energy.--Notwithstanding section 501(b)(1)(B) of title 40, United States Code, a contract for renewable energy may be made for a period of not more than 25 years.''.

Summary: Solar Stimulus for Job Creation and Energy Independence Act of 2009 - Amends the Internal Revenue Code to: (1) provide for the refundability of the energy tax credit for investment in property used to manufacture solar energy property through 2010; and (2) exempt certain solar energy property from private activity bond usage and loan financing rules. Amends the Energy Policy Act of 2005 to limit to 25 years the contract period for federal purchases of renewable energy.


SECTION 1. SHORT TITLE. This Act may be cited as the ``Workforce Training Enhancement Act of 2016''. SEC. 2. FINDINGS. Congress makes the following findings: (1) The viability of the domestic steel industry is crucial to the United States economy and national security. (2) The steel and taconite iron mining industries have been severely impacted by the foreign dumping and overproduction of steel and are continually faced with unfair trade practices. (3) In 2014, United States imports of steel and steel products increased by 36 percent and captured 28 percent of the total United States steel market. In 2015, United States imports of steel and steel products continued to increase, and captured 29 percent of the total United States steel market. (4) In 1974, Congress enacted the Trade Act of 1974 (19 U.S.C. 2101 et seq.), which established the trade adjustment assistance program under chapter 2 of title II of that Act (19 U.S.C. 2271 et seq.) to assist workers who have been adversely affected by trade. (5) The trade adjustment assistance program provides vital benefits and services to workers whose employment has been adversely affected by foreign trade. Those benefits and services include education and training, income support, relocation assistance, job search assistance, and the health coverage tax credit. (6) Since the inception of the trade adjustment assistance program, more than 5,000,000 United States workers have been certified as eligible for benefits and services under the program. (7) As of September 30, 2015, the trade adjustment assistance program had served more than 2,200,000 workers. (8) In fiscal year 2015, the Department of Labor certified 413 petitions for eligibility for the trade adjustment assistance program, which provided access to trade adjustment assistance benefits for 57,631 workers. (9) In 2015, more than 13,000 new participants were enrolled in the trade adjustment assistance for workers program and the program provided services and benefits to more than 47,000 workers. (10) From fiscal year 2012 through fiscal year 2015, the average processing time for a petition under the trade adjustment assistance for workers program was 49.1 days and the average processing time for fiscal year 2015 was 47.2 days. (11) The trade adjustment assistance program provides vital education and training services to assist trade-affected workers to acquire new skills and prepare for new employment. (12) From 2012 through 2015, more than 9,800 steelworkers and iron ore miners in 17 States lost their jobs as a result of increases in imports of steel and steel products and were certified as eligible to apply for the trade adjustment assistance program. (13) In fiscal year 2015, more than 6,500 steelworkers were certified as eligible for trade adjustment assistance, including workers who were laid off or furloughed in 2014. (14) In order to empower workers who have been adversely affected by foreign trade, States should have the option of providing the funding for vital educational and training programs for workers while their petitions for certification of eligibility for trade adjustment assistance is pending. SEC. 3. AUTHORIZATION OF STATES TO REIMBURSE CERTAIN COSTS OF PROVIDING TRAINING TO WORKERS AFTER A PETITION FOR TRADE ADJUSTMENT ASSISTANCE IS FILED. (a) In General.--Section 236(a)(6) of the Trade Act of 1974 (19 U.S.C. 2296(a)(6)) is amended by adding at the end the following: ``(C)(i) If the conditions described in clause (ii) are met, a State may use the funds distributed to the State under paragraph (2) to reimburse the costs of providing training to a worker before the worker is approved for training under paragraph (1) paid by-- ``(I) the State from funds provided by the State; ``(II) the State or local workforce development areas within the State from funds available under subtitle B of title I of the Workforce Innovation and Opportunity Act (29 U.S.C. 3151 et seq.); or ``(III) an eligible entity under section 170 of that Act (29 U.S.C. 3225) in the State from funds available under that section. ``(ii) The conditions described in this clause are met if-- ``(I) as of the date of the reimbursement under clause (i) the worker is covered by a certification for eligibility under subchapter A; and ``(II) the training, the costs of which are being reimbursed-- ``(aa) commenced after the date on which the total or partial separations of the group of workers covered by the certification for eligibility began or threatened to begin; and ``(bb) meets the requirements for approval of training under paragraph (1).''. (b) Conforming Amendment.--Section 236(a)(4)(B) of the Trade Act of 1974 (19 U.S.C. 2296(a)(4)(B)) is amended by striking ``No'' and inserting ``Except as provided in paragraph (6)(C), no''.

Summary: Workforce Training Enhancement Act of 2016 This bill amends the Trade Act of 1974, with respect to trade adjustment assistance (TAA) for training to adversely affected workers, to authorize a state to use certain funds distributed by the Department of Labor to reimburse the costs of providing training to an adversely affected worker before the worker is approved for training under the Act if those costs have been paid by: the state from state funds, the state or local workforce development areas within the state from funds available for workforce investment activities and providers under the Workforce Innovation and Opportunity Act, or another entity eligible in the state under the national dislocated worker grants program from funds available for that program. The use of funds under this Act shall be conditioned, however, on the worker's coverage by a certification for TAA eligibility for training meeting approval requirements which commenced after the date on which the total or partial separations of the group of workers covered by the certification for eligibility began or threatened to begin.


SECTION 1. SHORT TITLE. This Act may be cited as the ``Military Survivor Benefits Improvement Act of 2003''. SEC. 2. COMPUTATION OF BENEFITS UNDER SURVIVOR BENEFIT PLAN FOR SURVIVING SPOUSES OVER AGE 62. (a) Phased Increase in Basic Annuity.-- (1) Standard annuity.-- (A) Increase to 55 percent.--Clause (i) of subsection (a)(1)(B) of section 1451 of title 10, United States Code, is amended by striking ``35 percent of the base amount.'' and inserting ``the product of the base amount and the percent applicable to the month, as follows: ``(I) For a month before October 2004, the applicable percent is 35 percent. ``(II) For a month during fiscal year 2005, the applicable percent is 40 percent. ``(III) For a month during fiscal year 2006, the applicable percent is 45 percent. ``(IV) For a month during fiscal year 2007, the applicable percent is 50 percent. ``(V) For a month during a fiscal year after fiscal year 2007, the applicable percent is 55 percent.''. (B) Coordination with savings provision under prior law.--Clause (ii) of such subsection is amended by striking ``, at the time the beneficiary becomes entitled to the annuity,''. (2) Reserve-component annuity.--Subsection (a)(2)(B)(i)(I) of such section is amended by striking ``35 percent'' and inserting ``the percent specified under subsection (a)(1)(B)(i) as being applicable for the month''. (3) Survivors of eligible persons dying on active duty, etc.-- (A) Increase to 55 percent.--Clause (i) of subsection (c)(1)(B) of such section is amended-- (i) by striking ``35 percent'' and inserting ``the applicable percent''; and (ii) by adding at the end the following: ``The percent applicable for a month under the preceding sentence is the percent specified under subsection (a)(1)(B)(i) as being applicable for that month.''. (B) Coordination with savings provision under prior law.--Clause (ii) of such subsection is amended by striking ``, at the time the beneficiary becomes entitled to the annuity,''. (4) Clerical amendment.--The heading for subsection (d)(2)(A) of such section is amended to read as follows: ``Computation of annuity.--''. (b) Corresponding Phased Elimination of Supplemental Annuity.-- (1) Phased reduction of supplemental annuity.--Section 1457(b) of title 10, United States Code, is amended-- (A) by striking ``5, 10, 15, or 20 percent'' and inserting ``the applicable percent''; and (B) by inserting after the first sentence the following: ``The percent used for the computation shall be an even multiple of 5 percent and, whatever the percent specified in the election, may not exceed 20 percent for months before October 2004, 15 percent for months during fiscal year 2005, 10 percent for months during fiscal year 2006, and 5 percent for months after September 2006.''. (2) Repeal upon implementation of 55 percent sbp annuity.-- Effective on October 1, 2007, chapter 73 of such title is amended-- (A) by striking subchapter III; and (B) by striking the item relating to subchapter III in the table of subchapters at the beginning of that chapter. (c) Recomputation of Annuities.-- (1) Periodic recomputation required.--Effective on the first day of each month specified in paragraph (2)-- (A) each annuity under section 1450 of title 10, United States Code, that commenced before that month, is computed under a provision of section 1451 of that title amended by subsection (a), and is payable for that month shall be recomputed so as to be equal to the amount that would be in effect if the percent applicable for that month under that provision, as so amended, had been used for the initial computation of the annuity; and (B) each supplemental survivor annuity under section 1457 of such title that commenced before that month and is payable for that month shall be recomputed so as to be equal to the amount that would be in effect if the percent applicable for that month under that section, as amended by this section, had been used for the initial computation of the supplemental survivor annuity. (2) Time for recomputation.--The requirement under paragraph (1) for recomputation of certain annuities applies with respect to the following months: (A) October 2004. (B) October 2005. (C) October 2006. (D) October 2007. (d) Recomputation of Retired Pay Reductions for Supplemental Survivor Annuities.--The Secretary of Defense shall take such actions as are necessitated by the amendments made by subsection (b) and the requirements of subsection (c)(1)(B) to ensure that the reductions in retired pay under section 1460 of title 10, United States Code, are adjusted to achieve the objectives set forth in subsection (b) of that section. SEC. 3. OPEN ENROLLMENT PERIOD FOR SURVIVOR BENEFIT PLAN COMMENCING OCTOBER 1, 2004. (a) Persons Not Currently Participating in Survivor Benefit Plan.-- (1) Election of sbp coverage.--An eligible retired or former member may elect to participate in the Survivor Benefit Plan under subchapter II of chapter 73 of title 10, United States Code, during the open enrollment period specified in subsection (f). (2) Election of supplemental annuity coverage.--An eligible retired or former member who elects under paragraph (1) to participate in the Survivor Benefit Plan at the maximum level may also elect during the open enrollment period to participate in the Supplemental Survivor Benefit Plan established under subchapter III of chapter 73 of title 10, United States Code. (3) Eligible retired or former member.--For purposes of paragraphs (1) and (2), an eligible retired or former member is a member or former member of the uniformed services who on the day before the first day of the open enrollment period is not a participant in the Survivor Benefit Plan and-- (A) is entitled to retired pay; or (B) would be entitled to retired pay under chapter 1223 of title 10, United States Code, but for the fact that such member or former member is under 60 years of age. (4) Status under sbp of persons making elections.-- (A) Standard annuity.--A person making an election under paragraph (1) by reason of eligibility under paragraph (3)(A) shall be treated for all purposes as providing a standard annuity under the Survivor Benefit Plan. (B) Reserve-component annuity.--A person making an election under paragraph (1) by reason of eligibility under paragraph (3)(B) shall be treated for all purposes as providing a reserve-component annuity under the Survivor Benefit Plan. (b) Election To Increase Coverage Under SBP.--A person who on the day before the first day of the open enrollment period is a participant in the Survivor Benefit Plan but is not participating at the maximum base amount or is providing coverage under the Plan for a dependent child and not for the person's spouse or former spouse may, during the open enrollment period, elect to-- (1) participate in the Plan at a higher base amount (not in excess of the participant's retired pay); or (2) provide annuity coverage under the Plan for the person's spouse or former spouse at a base amount not less than the base amount provided for the dependent child. (c) Election for Current SBP Participants To Participate in Supplemental SBP.-- (1) Election.--A person who is eligible to make an election under this paragraph may elect during the open enrollment period to participate in the Supplemental Survivor Benefit Plan established under subchapter III of chapter 73 of title 10, United States Code, as added by section 1404. (2) Persons eligible.--Except as provided in paragraph (3), a person is eligible to make an election under paragraph (1) if on the day before the first day of the open enrollment period the person is a participant in the Survivor Benefit Plan at the maximum level, or during the open enrollment period the person increases the level of such participation to the maximum level under subsection (b) of this section, and under that Plan is providing annuity coverage for the person's spouse or a former spouse. (3) Limitation on eligibility for certain sbp participants not affected by two-tier annuity computation.--A person is not eligible to make an election under paragraph (1) if (as determined by the Secretary concerned) the annuity of a spouse or former spouse beneficiary of that person under the Survivor Benefit Plan will be computed under section 1451(e) of title 10, United States Code. However, such a person may during the open enrollment period waive the right to have that annuity computed under such section. Any such election is irrevocable. A person making such a waiver may make an election under paragraph (1) as in the case of any other participant in the Survivor Benefit Plan. (d) Manner of Making Elections.--An election under this section must be made in writing, signed by the person making the election, and received by the Secretary concerned before the end of the open enrollment period. Any such election shall be made subject to the same conditions, and with the same opportunities for designation of beneficiaries and specification of base amount, that apply under the Survivor Benefit Plan or the Supplemental Survivor Benefit Plan, as the case may be. A person making an election under subsection (a) to provide a reserve-component annuity shall make a designation described in section 1448(e) of title 10, United States Code. (e) Effective Date for Elections.--Any such election shall be effective as of the first day of the first calendar month following the month in which the election is received by the Secretary concerned. (f) Open Enrollment Period Defined.--The open enrollment period is the one-year period beginning on October 1, 2004. (g) Effect of Death of Person Making Election Within Two Years of Making Election.--If a person making an election under this section dies before the end of the two-year period beginning on the effective date of the election, the election is void and the amount of any reduction in retired pay of the person that is attributable to the election shall be paid in a lump sum to the person who would have been the deceased person's beneficiary under the voided election if the deceased person had died after the end of such two-year period. (h) Applicability of Certain Provisions of Law.--The provisions of sections 1449, 1453, and 1454 of title 10, United States Code, are applicable to a person making an election, and to an election, under this section in the same manner as if the election were made under the Survivor Benefit Plan or the Supplemental Survivor Benefit Plan, as the case may be. (i) Additional Premium.--The Secretary of Defense may require that the premium for a person making an election under subsection (a)(1) or (b) include, in addition to the amount required under section 1452(a) of title 10, United States Code, an amount determined under regulations prescribed by the Secretary of Defense for the purposes of this subsection. Any such amount shall be stated as a percentage of the base amount of the person making the election and shall reflect the number of years that have elapsed since the person retired, but may not exceed 4.5 percent of that person's base amount. (j) Report Concerning Open Season.--Not later than July 1, 2004, the Secretary of Defense shall submit to the Committees on Armed Services of the Senate and House of Representatives a report on the open season authorized by this section for the Survivor Benefit Plan. The report shall include the following: (1) A description of the Secretary's plans for implementation of the open season. (2) The Secretary's estimates of the costs associated with the open season, including any anticipated effect of the open season on the actuarial status of the Department of Defense Military Retirement Fund. (3) Any recommendation by the Secretary for further legislative action.

Summary: Military Survivor Benefits Improvement Act of 2003 - Adjusts the basic Survivor Benefit Plan (SBP) annuity amount for surviving spouses, age 62 and older, of former military personnel to: (1) 35 percent of the retired pay of the decedent (current law), for months before October 2004; (2) 40 percent for months during FY 2005; (3) 45 percent for months during FY 2006; (4) 50 percent for months during FY 2007; and (5) 55 percent for months after FY 2007. Adjusts similarly percentage amounts with respect to survivors of reserve personnel and survivors of persons who die while on active duty. Provides a corresponding phased elimination of the SBP supplemental annuity authorized to be provided to such surviving spouses. Requires periodic recomputation of: (1) annuity amounts beginning in October 2004; and (2) retired pay reductions for supplemental survivor annuities.Provides a one-year open enrollment period for SBP participation, commencing October 1, 2004, for those currently not participating, those electing to increase current coverage, and those wishing to participate in the supplemental SBP.Authorizes the Secretary of Defense to require appropriate premiums for SBP participation.


SECTION 1. SHORT TITLE. This Act may be cited as the ``Right of Passage Community Service Act''. SEC. 2. FINDINGS AND PURPOSE. (a) Findings.--Congress finds the following: (1) The teenage years are a pivotal time of life, when young people are making choices that will effect them for the rest of their lives. (2) How young people spend their time during their teenage years may set them on a course of active citizenship and engaged learning, or down a path of risky behavior with the likelihood of failure. (3) Research suggests that when young people see that they are able to improve the lives of others they feel that they are able to control and improve their own lives. (4) If properly trained, organized, and supervised, teenagers are a resource that can make a significant contribution to their communities. (5) Opportunities for volunteer service during the teenage years could become a right of passage for future generations. (6) The National Academy of Sciences Report on Youth Development concluded that ``the future well-being of the country depends on raising generations of skilled, competent, and responsible adults''. (b) Purpose.--It is the purpose of this Act to-- (1) create a national network of service programs for middle school students to serve in their communities after school and during the summer; (2) provide students with opportunities to serve in their communities and participate in other programs such as workshops in leadership development, public speaking, conflict resolution, team-building, and other character-building programs; (3) provide young people an experience that reinforces their connection to the community, enriches their education, and strengthens their personal and civic values; and (4) instill an ethic of service in young people which will stay with them throughout their lives. SEC. 3. RIGHT OF PASSAGE COMMUNITY SERVICE PROGRAM. (a) Establishment.--Section 122(a) of the National and Community Service Act of 1990 (42 U.S.C. 12572(a)) is amended-- (1) by redesignating paragraph (15) as paragraph (16); and (2) by inserting after paragraph (14) the following: ``(15) A community-based Right of Passage after school and summer service corps program that offers young people-- ``(A) the opportunity to perform service in their communities; ``(B) the opportunity to participate in activities that would provide training in leadership development, public speaking, conflict resolution, team building, and other critical skills; ``(C) service-learning curricula linked to academic goals; and ``(D) the opportunity to work with older AmeriCorps members who can organize service projects and act as mentors.''. (b) Eligibility.--Section 137 of such Act (42 U.S.C. 12591) is amended-- (1) by redesignating subsection (c) as subsection (d); and (2) by inserting after subsection (b) the following: ``(c) Special Rules for Right of Passage Program.--An individual shall be considered to be a participant in a Right of Passage community-based after school or summer service corps program described in section 122(a)(15) (42 U.S.C. 12591) that is carried out with assistance provided under section 121(a) (42 U.S.C. 12571) if the individual-- ``(1) satisfies the requirements of paragraphs (1), (2), and (6) of subsection (a); and ``(2) is between the ages of 12 and 16, inclusive at the time the individual begins the term of service.''. (c) Terms of Service.--Section 139(b) of such Act (42 U.S.C. 12593(b)) is amended by adding at the end the following: ``(4) Special rule for right of passage program.--An individual participating in a Right of Passage community-based after school or summer service corps program described in section 122(a)(15) shall agree to participate in the program for not less than 160 hours during a period of not less than 2 months and not more than 1 year.''. (d) National Service Educational Award.-- (1) Special rule for right of passage program.--Section 141 of such Act (42 U.S.C. 12595) is amended by adding at the end the following: ``(c) Special Rule for Right of Passage Program.--An individual participating in a Right of Passage community-based after school or summer service corps program described in section 122(a)(15), upon completion of the required 160 hours of service shall receive an education award of $500.''. (2) Eligible individuals.--Section 146 is amended-- (A) in subsection (a)(2) by striking ``or a program described in section 122(a)(9);'' and inserting ``, a program described in section 122(a)(9), or a program described in section 122(a)(15);''; and (B) in subsection (d)(2)-- (i) in subparagraph (A), by striking ``or''; (ii) in subparagraph (B), by striking ``period.'' and inserting ``period; or''; and (iii) by adding at the end the following: ``(C) participated in a program described in section 12572(a)(15).''. SEC. 4. REPORT. Not later than 3 years after the date of enactment of this Act, the Corporation shall transmit to the Congress a report and evaluation of the program authorized by this Act.

Summary: Right of Passage Community Service Act - Amends the National and Community Service Act of 1990 to add to the list of national service programs eligible for Federal assistance a community-based Right of Passage after school and summer service corps program. Establishes qualifications for participating students, including that they be between ages 12 and 16 at the time they begin serving. Specifies skills such as leadership and conflict resolution that the program will help students develop.Requires participants to spend at least 160 hours in the program during a period of between two months and one year. Rewards participants upon service completion with a national service education award of $500.


SECTION 1. SHORT TITLE. This Act may be cited as the ``Market Based Manufacturing Incentives Act of 2011''. SEC. 2. CREDIT FOR RETAIL PURCHASE OF CERTAIN DOMESTIC PRODUCTS. (a) In General.--Subpart B of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the following new section: ``SEC. 30E. DOMESTIC MANUFACTURING CONSUMER CREDIT. ``(a) Allowance of Credit.--There shall be allowed as a credit against the tax imposed by this chapter for any taxable year an amount equal to the applicable percentage of the aggregate amount paid or incurred by the taxpayer for specified products during any portion such taxable year which is part of the eligible period. ``(b) Applicable Percentage; Eligible Period.--For purposes of this section-- ``(1) Applicable percentage.--The term `applicable percentage' means, with respect to any specified product, the percentage (not less than 5 percent nor more than 20 percent) determined by the Commission under subsection (e)(4) with respect to such product. ``(2) Eligible period.--The term `eligible period' means, with respect to any specified product, the period (not less than 5 years nor more than 10 years) determined by the Commission under subsection (e)(5) with respect to such product. ``(3) Separate application to each specified product.-- Subsection (a) shall be applied separately with respect to each of the specified products designated under subsection (e). ``(c) Specified Product.--For purposes of this section-- ``(1) In general.--The term `specified product' means any designated domestic product-- ``(A) the original use of which commences with the taxpayer, and ``(B) which is acquired by the taxpayer for use or lease, but not for resale. ``(2) Designated domestic product.--The term `designated domestic product' means any designated product which has been certified by the Secretary as-- ``(A) having been assembled in the United States, and ``(B) consisting at least 60 percent of components assembled or otherwise arising in the United States. ``(3) Designated product.--The term `designated product' means the 10 products designated by the Secretary, in consultation with the Commission, under subsection (e). ``(d) Application With Other Credits.-- ``(1) Business credit treated as part of general business credit.--So much of the credit which would be allowed under subsection (a) for any taxable year (determined without regard to this subsection) that is attributable to property used by the taxpayer in the conduct of a trade or business shall be treated as a credit listed in section 38(b) for such taxable year (and not allowed under subsection (a)). ``(2) Personal credit.--For purposes of this title, the credit allowed under subsection (a) for any taxable year (determined after application of paragraph (1)) shall be treated as a credit allowable under subpart A for such taxable year. ``(e) Selection of Designated Products.-- ``(1) In general.--The Secretary, in consultation with the Commission, shall designate 10 products for purposes of this section. ``(2) Eligible products.--A product shall not be eligible for designation under this section unless-- ``(A) such product represents a technological innovation, and ``(B) the designation of such product has the potential to produce substantial long-term job opportunities in the United States. ``(3) Criteria for designation.--In making designations of products under this subsection, the Secretary shall take into consideration-- ``(A) the number of jobs in the United States that the Secretary estimates will result (directly and indirectly) from the designation of such product, and ``(B) the speed with which such jobs are likely to be created. ``(4) Determination of credit percentage.--The Secretary, in consultation with the Commission, shall determine the applicable percentage which applies for purposes of subsection (a) with respect to each product designated under this subsection. Such percentage shall not be less than 5 percent and shall not be more than 20 percent. Such percentage shall be determined on the basis of the incentive needed with respect to each such product taking into account the market factors with respect to such product. ``(5) Determination of period during which credit allowed.--The Secretary, in consultation with the Commission, shall determine the eligible period which applies for purposes of subsection (a) with respect to each product designated under this subsection. Such period shall not be less than 5 years and shall not be more than 10 years. Such period shall be determined on the basis of the incentive needed with respect to each such product taking into account the market factors with respect to such product. ``(f) Other Definitions and Special Rules.--For purposes of this section-- ``(1) Commission.--The term `Commission' means the 21st Century American Manufacturing Commission established under section 3 of the Market Based Manufacturing Incentives Act of 2011. ``(2) Reduction in basis.--For purposes of this subtitle, the basis of any property for which a credit is allowable under subsection (a) shall be reduced by the amount of such credit so allowed (determined without regard to subsection (d)). ``(3) No double benefit.--The amount of any deduction or other credit allowable under this chapter with respect to any property shall be reduced by the amount of the credit allowed under subsection (a) for such property (determined without regard to subsection (d)). ``(4) Property used by tax-exempt entity.--In the case of property whose use is described in paragraph (3) or (4) of section 50(b) and which is not subject to a lease, the person who sold such property to the person or entity using such property shall be treated as the taxpayer that placed such vehicle in service, but only if such person clearly discloses to such person or entity in a document the amount of any credit allowable under subsection (a) with respect to such property (determined without regard to subsection (d)). For purposes of subsection (d), property to which this paragraph applies shall be treated as property used by the taxpayer in the conduct of a trade or business. ``(5) Property used outside united states, etc., not qualified.--No credit shall be allowable under subsection (a) with respect to any property referred to in section 50(b)(1). ``(6) Recapture.--The Secretary shall, by regulations, provide for recapturing the benefit of any credit allowable under subsection (a) with respect to any property which ceases to be property eligible for such credit (including recapture in the case of a lease period of less than the economic life of the property). ``(7) Election to not take credit.--No credit shall be allowed under subsection (a) for any vehicle if the taxpayer elects to not have this section apply to such property. ``(g) Termination.--This section shall not apply to property acquired after the date which is 10 years after the date of the enactment of this section.''. (b) Conforming Amendments.-- (1) Section 38(b) of such Code is amended by striking ``plus'' at the end of paragraph (35), by striking the period at the end of paragraph (36) and inserting ``, plus'', and by adding at the end the following new paragraph: ``(37) the portion of the domestic manufacturing consumer credit to which section 30E(d)(1) applies.''. (2) Section 1016(a) of such Code is amended by striking ``and'' at the end of paragraph (36), by striking the period at the end of paragraph (37) and inserting ``, and'', and by adding at the end the following new paragraph: ``(38) to the extent provided in section 30E(f)(2).''. (3) Section 6501(m) of such Code is amended by inserting ``30E(f)(7),'' after ``30D(e)(4),''. (4) 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. 30E. Domestic manufacturing consumer credit.''. (c) GAO Report.--The Government Accountability Office shall, during the 3d, 5th, and 7th years after the effective date of the domestic manufacturing consumer credit (described in subsection (d)), report to Congress on the economic effects of such credit. Such report shall include the aggregate value of the domestic manufacturing consumer credits determined with respect to taxpayers under section 30E of the Internal Revenue Code of 1986 and an estimate of the economic activity stimulated by such credits. (d) Effective Date.--The amendments made by this section shall apply to property acquired after the date which is 1 year after the date on which the 21st Century American Manufacturing Commission makes its recommendations to the Secretary of the Treasury under section 3(b) of this Act. SEC. 3. ESTABLISHMENT OF 21ST CENTURY AMERICAN MANUFACTURING COMMISSION. (a) In General.--There is established a commission to be known as the 21st Century American Manufacturing Commission. (b) Duties.--The Commission shall conduct research regarding appropriate products to make eligible for the tax credit provided by section 30E of the Internal Revenue Code of 1986 and shall make recommendations to the Secretary of the Treasury regarding which products should be designated for purposes of such section and the applicable percentage and eligible period which should be determined with respect to each such product. The commission shall make such recommendations to the Secretary of the Treasury not later than 6 months after the date of the enactment of this Act. (c) Membership.-- (1) In general.--The Commission shall be composed of 10 members who shall be appointed by the Secretary of the Treasury or his designee not later than 30 days after the enactment of this Act. (2) Political affiliation.--Not more than 5 members may be of the same political party. (3) Terms.--Each member shall be appointed for the life of the Commission. (4) Vacancies.--A vacancy in the Commission shall be filled in the manner in which the original appointment was made. (5) Pay of members.-- (A) In general.--Members shall each be entitled to receive the daily equivalent of the maximum annual rate of basic pay for grade GS-11 of the General Schedule for each day (including travel time) during which they are engaged in the actual performance of duties vested in the Commission. (B) Travel expenses.--Each member shall receive travel expenses, including per diem in lieu of subsistence, in accordance with applicable provisions under subchapter I of chapter 57 of title 5, United States Code. (6) Prevention of conflict of interest.-- (A) Agreement.--The Secretary of the Treasury shall not appoint any individual to be a member of the Commission unless such individual has first sign an agreement with the Secretary to prevent conflicts of interest. Such agreement shall include a requirement that the individual comply with the provisions of subparagraph (B) and shall include such penalties for failure to so comply as the Secretary determines appropriate. (B) Requirements.--A member of the Commission shall not, during the 5-year period beginning on the effective date of the domestic manufacturing consumer credit (described in section 2(d)), hold, directly or indirectly, any interest in any person associated with any designated product, any component of any designated product, or any equipment to manufacture any such product or component. An interest held in any fund held by such member shall be taken into account under the preceding sentence unless such fund is a broad-based index fund. Any interest held by such member prior to the beginning of such 5-year period which is not (consistent with the requirements of this subparagraph) permitted to be held during such period, shall be disposed of prior to such period. (d) Chairperson.--The Chairperson of the Commission shall be designated by the Secretary of the Treasury (or his designee) at the time of appointment. (e) Staff.--Any staff of the Commission shall be appointed subject to the provisions of title 5, United States Code, governing appointments in the competitive service, and shall be paid in accordance with the provisions of chapter 51 and subchapter III of chapter 53 of that title relating to classification and General Schedule pay rates. (f) Termination.-- (1) In general.--Except as provided in paragraph (2), the Commission shall terminate 30 days after making recommendations to the Secretary of the Treasury described in subsection (b). (2) Extension.--At the request of the Secretary of the Treasury or his designee, the Commission shall continue in existence for such period at the Secretary may request but not later than 1 year after making such recommendations.

Summary: Market Based Manufacturing Incentives Act of 2011 - Amends the Internal Revenue Code to allow a tax credit for the purchase (during a specified period of between 5 and 10 years based on the incentive needed with respect to each product) of new products certified as assembled in the United States and consisting of at least 60% of components assembled or otherwise arising in the United States. Establishes the 21st Century American Manufacturing Commission to conduct research to designate products eligible for the tax credit allowed by this Act.


SECTION. 1. SHORT TITLE. This Act may be cited as the ``Classroom Safety Act of 1993''. SEC. 2. FINDINGS AND PURPOSES. (a) Findings.--The Congress finds that-- (1) the violence within elementary and secondary schools across the Nation has increased dramatically during the past decade; (2) the despair, brought about by poverty and disenfranchisement, that affect millions of youth in cities across the Nation is entering schools; (3) almost 3,000,000 crimes occur on or near school campuses every year, 16,000 per school day or one every 6 seconds; (4) one fourth of major urban school districts now use metal detectors; (5) 20 percent of teachers in schools have reported being threatened with violence by a student; (6) greater efforts are needed for counseling and training for teachers in potentially hostile school environments to avert violence in schools; (7) schools are being asked to take on too many responsibilities that society as a whole has neglected forcing teachers to referee fights rather than teach; (8) teachers' unions are staging walk-outs to protest the violence which denies interested students the opportunity to learn; (9) local educational agencies and cities are already financially devastated and need an infusion of Federal funds to help fight violence in schools; and (10) local educational agencies should not have to withdraw funds and resources intended for books, computers, and teachers, to help pay for an increased need for safety mechanisms in schools. (b) Purposes.--The purpose of this Act is to provide assistance to local educational agencies for the prevention and reduction of violent crime in schools throughout the Nation. SEC. 3. GRANT AUTHORIZATION. (a) In General.--The Secretary of Education is authorized to make grants to local educational agencies to provide assistance to such agencies most directly affected by crime and violence. (b) Model Project.--The Secretary shall develop a model for classroom safety written in English and Spanish in a timely fashion and make such model available to any local educational agency that requests such information. SEC. 4. USE OF FUNDS. Grants made by the Secretary under this Act shall be used-- (1) to fund anticrime and safety measures and to develop education and training programs for the prevention of crime, violence, and illegal use of drugs and alcohol; (2) for counseling programs for victims and witnesses of crime in schools; (3) to develop programs for conflict resolution and peer mediation counseling for students, teachers, and other personnel in regular contact with students at school; (4) to purchase crime prevention equipment, including metal detectors and video-surveillance devices; and (5) for the prevention and reduction of the participation of students in organized crime and drug and gang-related activities in schools. SEC. 5. APPLICATIONS. (a) In General.--In order to be eligible to receive a grant under this Act for any fiscal year, a local educational agency shall submit an application to the Secretary in such form and containing such information as the Secretary may reasonably require. (b) Requirements.--Each application under subsection (a) shall include-- (1) a request for funds for the purposes described in section 4; (2) a description of the schools and communities to be served by the grant, including the nature of the crime and violence problems within such schools; (3) assurances that Federal funds received under this Act shall be used to supplement, not supplant, non-Federal funds that would otherwise be available for activities funded under this Act; and (4) statistical information in such form and containing such information that the Secretary may require regarding crime within the schools served by such local educational agency. (c) Comprehensive Plan.--Each application shall include a comprehensive plan that shall contain-- (1) a description of the crime problems within the schools targeted for assistance; (2) a description of the projects to be developed; (3) a description of the resources available in the community to implement the plan together with a description of the gaps in the plan that cannot be filled with existing resources; (4) an explanation of how the requested grant will be used to fill gaps; (5) a description of the system the applicant will establish to prevent and reduce crime problems; and (6) a description of educational materials to be developed in Spanish. SEC. 6. ALLOCATION OF FUNDS; LIMITATIONS ON GRANTS. (a) Administrative Cost Limitation.--The Secretary shall use not more than 5 percent of the funds available under this Act for the purposes of administration and technical assistance. (b) Renewal of Grants.--A grant under this Act may be renewed for up to 2 additional years after the first fiscal year during which the recipient receives an initial grant under this Act, subject to the availability of funds, if-- (1) the Secretary determines that the funds made available to the recipient during the previous year were used in a manner required under the approved application; and (2) the Secretary determines that an additional grant is necessary to implement the crime prevention program described in the comprehensive plan as required by section 5(c). SEC. 7. AWARD OF GRANTS. (a) Selection of Recipients.--The Secretary shall consider the following factors in awarding grants to local educational agencies: (1) Crime problem.--The nature and scope of the crime problem in the targeted schools. (2) Need and ability.--Demonstrated need and evidence of the ability to provide the services described in the plan required under section 5(c). (3) Population.--The number of students to be served by the plan required under section 5(c). (b) Geographic Distribution.--The Secretary shall attempt, to the extent practicable, to achieve an equitable geographic distribution of grant awards. SEC. 8. REPORTS. (a) Report.--Local educational agencies that receive funds under this Act shall submit to the Secretary a report not later than March 1 of each year that describes progress achieved in carrying out the plan required under section 5(c). (b) Report to Congress.--The Secretary shall submit to the Congress a report by October 1 of each year in which grants are made available under this Act which shall contain a detailed statement regarding grant awards, activities of grant recipients, a compilation of statistical information submitted by applicants under 5(b)(4), and an evaluation of programs established under this Act. SEC. 9. DEFINITIONS. For the purpose of this Act: (1) The term `local educational agency' has the same meaning given such term under section 1471(12) of the Elementary and Secondary Education Act of 1965. (2) The term `Secretary' means the Secretary of Education. SEC. 10. AUTHORIZATION OF APPROPRIATIONS. There are authorized to be appropriated $100,000,000 for fiscal year 1993 and such sums as may be necessary for each of the fiscal years 1994 through 1999 to carry out the projects under this Act.

Summary: Classroom Safety Act of 1993 - Authorizes the Secretary of Education to make grants to assist local educational agencies (LEAs) in reducing and preventing violent crime in elementary and secondary schools. Directs the Secretary to develop a model for classroom safety written in English and Spanish and make it available to any LEA upon request. Requires the grants to be used for programs of: (1) anticrime and safety measures, and prevention education and training; (2) counseling for victims and witnesses; (3) conflict resolution and peer mediation; (4) purchasing crime prevention equipment; and (5) preventing and reducing student participation in organized crime and drug and gang-related activities in schools. Requires grant applications to include comprehensive plans. Bases selection of recipients upon crime problem, need and ability, and student population (and equitable geographic distribution, if practicable). Requires annual reports. Authorizes appropriations.


SECTION 1. SHORT TITLE. This Act may be cited as the ``Unfair Foreign Competition Act of 2007''. SEC. 2. JUDICIAL DETERMINATION OF INJURY. (a) In General.--Title VII of the Tariff Act of 1930 (19 U.S.C. 1671 et seq.) is amended by adding at the end the following new subtitle: ``Subtitle E--Judicial Determination of Injury ``SEC. 791. CIVIL ACTION. ``(a) Injury Determination.--Notwithstanding any other provision of this title, in an antidumping or countervailing duty investigation initiated under section 702 or 732, a petitioning party, may, not later than 30 days after the date an investigation is initiated under such sections, elect to bring a civil action in a United States district court, for a determination that-- ``(1) an industry in the United States-- ``(A) is materially injured, or ``(B) is threatened with material injury, or ``(2) the establishment of an industry in the United States is materially retarded, by reason of imports, or sales (or the likelihood of sales) for importation, of the merchandise subject to the investigation, and that imports of the subject merchandise are not negligible. ``(b) Five-Year Reviews.--Not later than 30 days after a 5-year review of an antidumping or countervailing duty order is initiated under section 751(c), a party, who was a petitioning party in the initial investigation that resulted in the antidumping or countervailing duty order, may bring a civil action in a United States district court for a determination of whether revocation of the antidumping or countervailing duty order or termination of the investigation suspended under section 704 or 734 would likely lead to continuation or recurrence of material injury based on the standards set forth in section 752. ``(c) Effect of Election; Relief.-- ``(1) Effect of election.-- ``(A) In general.--An election under subsection (a) or (b) of this section shall be for a determination by the district court in lieu of a determination by the Commission under section 703(a), section 733(a), section 705(b), section 735(b), or chapter 1 of subtitle C, as the case may be. ``(B) Commission to compile record.--If an election is made under this subtitle, the Commission shall conduct an investigation and compile evidence with respect to the petition in the same manner and to the same extent under this title as if an election had not been made. Any information compiled by the Commission shall be made available to the parties to the proceeding and furnished to the district court in a timely manner. ``(C) Notification by the administering authority and commission.--If an election is made under this subtitle, any notification the administering authority is required to provide the Commission under this title shall be provided to the district court and any notification the Commission is required to provide the administering authority shall be provided to the district court. ``(2) Relief.-- ``(A) In general.--In an action brought under subsection (a) or (b), the district court shall apply the same standards and make the same determinations and findings, that would be made by the Commission under this title if an election had not been made. ``(B) Findings and conclusions.--The court shall issue findings of fact and conclusions of law and any order issued by the court shall have the same effect as a determination of the Commission under this title. ``(3) Special rules.--The following rules shall apply to actions initiated under subsection (a) or (b): ``(A) Appeal.--An order issued by a United States district court under this title shall be appealable to a United States Court of Appeals. ``(B) Order not stayed.--An order issued under this section shall not be stayed pending appeal to a United States Court of Appeals. ``(C) Precedential effect of decisions of the international trade commission.--The decisions of the Commission in other investigations initiated under this title shall not be binding on the court. ``(D) Hearings.--The court shall provide a petitioning party and any interested party an opportunity to file briefs and argue orally to the court based on the information compiled by the Commission. ``(E) Attendance by defendant.--There shall be no obligation on any defendant interested party to attend a meeting or hearing, and failure to do so shall not be prejudicial to that party's case. ``(F) Default judgments.--The failure of an interested party, described in subparagraph (A) or (B) of section 771(9), to intervene in an action initiated under this section or otherwise to participate in the proceedings shall not result in judgment by default. ``(G) Venue.--A civil action under this section may be brought in a judicial district where a manufacturing facility, sales office, or administrative headquarters of any plaintiff who is a petitioning party is located. ``(d) Service of Process.--Within 5 days of filing an action under subsection (a) or (b), the filing party shall notify all known interested parties described in subparagraphs (A) and (B) of section 771(9). Such notice shall include-- ``(1) a copy of the complaint; and ``(2) notice that the party is entitled to participate in the proceedings pursuant to subsection (e) of this section. ``(e) Intervention as of Right.--Any interested party described in subparagraphs (A) and (B) of section 771(9) shall be entitled to intervene in an action initiated under this section. ``(f) Preliminary Relief.-- ``(1) In general.--In an action brought under subsection (a), the court shall, upon motion, issue a preliminary order that contains a determination of whether there is a reasonable indication that an industry in the United States is materially injured, or is threatened with material injury, or the establishment of an industry in the United States is materially retarded, by reason of imports of the subject merchandise and that imports of the subject merchandise are not negligible. The order shall include a description of the essential facts under consideration which form the basis of the decision. ``(2) Effect of order.--An order making an affirmative determination under paragraph (1) shall have the same effect as an affirmative preliminary determination by the Commission under section 703(a) or 733(a). ``(3) Timing.--The court shall make a preliminary determination under this subsection within 45 days after a complaint has been filed. ``(g) Expedited Action.-- ``(1) In general.--An action brought under subsection (a) or (b) shall be advanced on the docket and expedited in every way practicable. ``(2) Final determination in subsection (a) cases.--The court shall make a final determination regarding material injury in an action filed under subsection (a) before the later of-- ``(A) the 120th day after the date on which the administering authority makes an affirmative preliminary determination under section 703(b) or 733(b); or ``(B) the 45th day after the day on which the administering authority makes an affirmative final determination under section 705(a) or 735(a). ``(3) Final determination in five-year reviews.--The court shall make a final determination regarding the likelihood of continuation or recurrence of material injury under subsection (b) before the later of-- ``(A) the 360th day after the date on which the review is initiated under section 751(c)(2); or ``(B) the 120th day after the date on which the final determination of the administering authority is published. ``(4) Extraordinarily complicated cases.--If the court concludes that a case is extraordinarily complicated, as defined in section 703(c) or 733(c), the court may extend the time under paragraphs (2) or (3) by an additional 30 days. ``(h) Protection of Confidential Information.--The court shall make arrangements to protect the confidentiality of information designated as proprietary by an interested party pursuant to a judicial protective order.''. (b) Changed Circumstances Reviews.--Section 751(b) of the Tariff Act of 1930 (19 U.S.C. 1675(b)) is amended by adding at the end the following: ``(5) Certain cases to be filed in united states district court.--If the injury determination at issue was initially made by a United States district court, the court shall retain jurisdiction over the injury determination for purposes of this section. Any party seeking revocation of an order or termination of a suspended investigation shall seek review in the district court that made the original injury determination under section 791.''. (c) Clerical Amendment.--The table of contents for title VII of the Tariff Act of 1930 is amended by inserting after the item relating to section 783 the following: ``Subtitle E--Judicial Determination of Injury ``Sec. 791. Civil action.''. (d) Conforming Amendment.--Section 516A of the Tariff Act of 1930 (19 U.S.C. 1516a) is amended by striking ``Within 30 days'' and inserting ``Except in the case where an interested party makes an election under subtitle E of title VII for a judicial determination of injury, within 30 days''. (e) Effective Date.--The amendments made by this section apply to-- (1) countervailing duty investigations initiated under section 702 of the Tariff Act of 1930 (19 U.S.C. 1671a) on or after the date of the enactment of this Act; (2) antidumping duty investigations initiated under section 732 of the Tariff Act of 1930 (19 U.S.C. 1673a) on or after the date of the enactment of this Act; and (3) reviews initiated under section 751 of the Tariff Act of 1930 (19 U.S.C. 1675) on or after the date of the enactment of this Act. SEC. 3. APPLICATION TO CANADA AND MEXICO. Pursuant to article 1902 of the North American Free Trade Agreement and section 408 of the North American Free Trade Agreement Implementation Act, the amendments made by this Act shall apply with respect to goods from Canada and Mexico. SEC. 4. NOTIFICATION TO WORLD TRADE ORGANIZATION. Not later than 30 days after the date of the enactment of this Act, pursuant to the Agreement on Implementation of Article VI of the General Agreement on Tariffs and Trade 1994 and the Agreement on Subsidies and Countervailing Measures, the Secretary of State shall notify the appropriate officials of the World Trade Organization of the amendments made by this Act and that the United States district courts shall be treated as competent authorities for purposes of injury determinations under title VII of the Tariff Act of 1930 (19 U.S.C. 1671 et seq.).

Summary: Unfair Foreign Competition Act of 2007 - Amends the Tariff Act of 1930 to authorize a petitioning party, in an antidumping or countervailing duty investigation, to elect, within 30 days after the investigation has started, to bring a civil action in a U.S. district court for determination that a U.S. industry is materially injured or is threatened with material injury, or the establishment of an industry in the United States is materially retarded, by reason of imports, or sales (or the likelihood of sales) for importation, of the merchandise subject to the investigation, and that imports of the subject merchandise are not negligible. Authorizes such a petitioning party, within 30 days after a five-year review of an antidumping or countervailing duty order is initiated, to bring a civil action in a U.S. district court for determination of whether revocation of the antidumping or countervailing duty order, or termination of a suspended investigation, would likely lead to continuation or recurrence of material injury. Provides for preliminary relief and expedited action. Applies this Act to goods from Canada and Mexico.


SECTION 1. SHORT TITLE. This Act may be cited as the ``Health Care Liability Reform Act''. SEC. 2. HEALTH CARE LIABILITY REFORM. (a) Punitive Damages.-- (1) Award.--Punitive damages may, to the extent permitted by applicable State law, be awarded against a manufacturer or product seller in a civil action if the claimant establishes by clear and convincing evidence that the harm suffered was the result of conduct manifesting actual malice. (2) Drugs and devices.--The manufacturer of a prescription drug or device and a health care provider shall not be subject to punitive damages with respect to harm caused by a drug or device if the drug or device was approved under the Federal Food, Drug, and Cosmetic Act unless-- (A) the manufacturer withholds from the Food and Drug Administration, or (B) the health care provider withholds from a patient, information which is relevant to the performance of the drug or device and causally related to the harm suffered by the plaintiff. (3) Limitation on amount.--The amount of punitive damages that may be awarded for a claim in any civil action shall not exceed 3 times the amount awarded to the claimant for the economic injury on which such claim is based, or $250,000, whichever is greater. (b) Several Liability for Noneconomic Damages.--In any action, the liability of each manufacturer or product seller of the product involved in such action shall be several only and shall not be joint for noneconomic damages. Such manufacturer or product seller shall be liable only for the amount of noneconomic damages allocated to such manufacturer or seller in direct proportion to such manufacturer's or such seller's percentage of responsibility as determined by the trier of fact. (c) Definitions.--As used in this section: (1) Claimant.--The term ``claimant'' means any person who brings a product liability action and any person on whose behalf such an action is brought, including such person's decedent if such an action is brought through or on behalf of an estate or such person's legal representative if it is brought through or on behalf of a minor or incompetent. (2) Malice.--The term ``malice'' means conduct that is either-- (A) specifically intended to cause serious personal injury, or (B) carried out with both a flagrant indifference to the rights of the claimant and an awareness that such conduct is likely to result in serious personal injury. (3) Manufacturer.--With respect to a product, the term ``manufacturer'' means-- (A) any person who is engaged in a business to produce, create, make, or construct the product and who designs or formulates the product or has engaged another person to design or formulate the product, (B) a product seller of the product who, before placing the product in the stream of commerce-- (i) designs or formulates or has engaged another person to design or formulate an aspect of the product after the product was initially made by another, and (ii) produces, creates, makes, or constructs such aspect of the product, or (C) any product seller not described in subparagraph (B) which holds itself out as a manufacturer to the user of the product, (4) Product.--The term ``product''-- (A) means any object, substance, mixture, or raw material in a gaseous, liquid, or solid state-- (i) which is capable of delivery itself, in a mixed or combined state, or as a component part or ingredient, (ii) which is produced for introduction into trade or commerce, (iii) which has intrinsic economic value, and (iv) which is intended for sale or lease to persons for commercial or personal use, and (B) does not include-- (i) human tissue, human organs, human blood, and human blood products, or (ii) electricity, water delivered by a utility, natural gas, or steam, (5) Product seller.--The term ``product seller''-- (A) means a person-- (i) who sells, distributes, leases, prepares, blends, packages, or labels a product or is otherwise involved in placing a product in the stream of commerce, or (ii) who installs, repairs, or maintains the harm-causing aspect of a product, and (B) does not include-- (i) a manufacturer, (ii) a seller or lessor of real property, (iii) a provider of professional services in any case in which the sale or use of a product is incidental to the transaction and the essence of the transaction is the furnishing of judgment, skill, or services, (iv) any person who acts only in a financial capacity with respect to the sale of a product, or (v) any person who leases a product under a lease arrangement in which the selection, possession, maintenance, and operation of the product are controlled by a person other than the lessor. SEC. 3. PREEMPTION. This Act preempts State law, with respect to both procedural and substantive measures, to the extent that such law-- (1) permits the recovery of a greater amount of punitive damages by a plaintiff than that authorized by section 2(a)(3); or (2) permits an action for joint liability for noneconomic damages against a manufacturer or product seller of a product involved in the action, which action is prohibited by section 2(b). Any issue that is not governed by this Act shall be governed by otherwise applicable State or Federal law.

Summary: Prohibits the manufacturer of a prescription drug or device and a health care provider from being subject to punitive damages with respect to harm caused by a drug or device if the drug or device was approved under the Federal Food, Drug, and Cosmetic Act unless: (1)the manufacturer withholds from the Food and Drug Administration; or (2) the health care provider withholds from a patient, information which is relevant to the performance of the drug or device and causally related to the harm suffered by the plaintiff.


SECTION 1. SHORT TITLE. This Act may be cited as the ``Unshackling Students to Lead, Excel, Act, Develop, and Serve Act of 2012'' or the ``U.S. LEADS Act''. SEC. 2. FINDINGS. Congress finds the following: (1) Outstanding student loan debt will reach one trillion dollars this year. (2) In 2008, two-thirds of students graduating with a bachelor's degree had outstanding student loan debt. (3) In 2010, the average debt owed by college graduates paying off student loans was $24,000. (4) Of all students who graduated with a 4-year degree in 2009, only 55.6 percent are working in jobs that require a college degree. (5) Of all students who graduated with a 4-year degree in 2009, 22.4 percent are not working. (6) The median student loan debt for students who graduated from college between 2006 and 2010 is $20,000. (7) Average in-State tuition and fees at public 4-year institutions of higher education have risen 8.3 percent between the 2010-2011 and 2011-2012 academic years. SEC. 3. INTEREST-FREE DEFERMENT DURING PERIODS WHEN THE NATIONAL UNEMPLOYMENT RATE EXCEEDS 7 PERCENT. (a) FFEL Subsidized Loan Deferment.--Section 428(b)(1)(M) of the Higher Education Act of 1965 (20 U.S.C. 1078(b)(1)(M)) is amended-- (1) by striking ``or'' at the end of clause (iii); (2) by adding ``or'' at the end of clause (iv); and (3) by adding at the end the following new clause: ``(v) in a case of a borrower who is between the ages of 21 and 25, inclusive, and a recent college student, as defined in section 455(f)(5), with respect to loans made under this section to such borrower for a period of enrollment during which the borrower was pursuing a degree described in subparagraph (A) of such section 455(f)(5)-- ``(I) beginning as soon as practicable after the last day of the second consecutive month for which the Bureau of Labor Statistics of the Department of Labor (in this paragraph referred to as the `Bureau') publishes a national unemployment rate that exceeds 7 percent, and ending as soon as practicable after the Bureau publishes a national unemployment rate that is 7 percent or lower, except that such period shall not exceed 5 years; or ``(II) beginning as soon as practicable after the last day of the second consecutive month for which the Bureau publishes a national unemployment rate for individuals ages 21 through 25 years old that exceeds 9 percent, and ending as soon as practicable after the Bureau publishes a national unemployment rate for such individuals that is 9 percent or lower, except that such period shall not exceed 5 years.''. (b) Treatment of Consolidation Loans.--Section 428C(b)(4)(C)(ii) of the Higher Education Act of 1965 (20 U.S.C. 1078-3(b)(4)(C)(ii)) is amended-- (1) by striking ``or'' at the end of subclause (II); (2) by redesignating subclause (III) as subclause (IV); (3) by inserting after subclause (II) the following: ``(III) in the case of a borrower who is between the ages of 21 and 25, inclusive, and a recent college student, as defined in section 455(f)(5), by the Secretary, in the case of a consolidation loan made to the borrower for a period of enrollment during which the borrower was pursuing a degree described in subparagraph (A) of such section 455(f)(5) and for which the application is received on or after the date of enactment of the U.S. Leads Act, except that in the case of a deferral under clause (ii) of section 428(b)(1)(M), the Secretary shall pay such interest only for a period not in excess of 3 years for which a borrower would be eligible for such a deferral and, in the case of a deferral under clause (v) of such section, for a period not in excess of 5 years for which the borrower would be eligible for such a deferral; or''; and (4) in subclause (IV) (as so redesignated by this subsection), by striking ``(I) or (II)'' and inserting ``(I), (II), or (III)''. (c) FFEL Unsubsidized Loan Deferment.-- (1) In general.--Section 428H(e)(2) of the Higher Education Act of 1965 (20 U.S.C. 1078-8(e)(2)) is amended-- (A) in subparagraph (A), by inserting ``Except as provided in subparagraph (C)'' before ``Interest on''; and (B) by adding at the end the following new subparagraph: ``(C) In the case of a borrower who is between the ages of 21 and 25, inclusive, and a recent college student, as defined in section 455(f)(5), interest on loans made under this section to the borrower for a period of enrollment during which the borrower was pursuing a degree described in subparagraph (A) of such section 455(f)(5) and for which payments are deferred-- ``(i) under clause (i), (iii), or (iv) of section 428(b)(1)(M), for a period of deferment granted to such borrower on or after the date of enactment of the U.S. Leads Act, shall accrue and be paid by the Secretary during any period during which the loans are so deferred; ``(ii) under clause (ii) of section 428(b)(1)(M), for a period of deferment granted to such borrower on or after the date of enactment of the U.S. Leads Act, shall accrue and be paid by the Secretary during any period during which the loans are so deferred, not in excess of 3 years; and ``(iii) under clause (v) of section 428(b)(1)(M), for a period of deferment granted to such borrower on or after the date of enactment of the U.S. Leads Act, shall accrue and be paid by the Secretary during any period during which the loans are so deferred, not in excess of 5 years.''. (2) Conforming amendment.--Section 428(b)(1)(Y)(iii) of the Higher Education Act of 1965 (20 U.S.C. 1078(b)(1)(Y)(iii)) is amended by inserting ``(other than a deferment under such subparagraph granted to a borrower described in section 428H(e)(2)(C) on or after the date of enactment of the U.S. Leads Act)'' after ``of this paragraph''. (d) Direct Loan Deferment.--Section 455(f) of the Higher Education Act of 1965 (20 U.S.C. 1087(f)) is amended-- (1) in paragraph (1)-- (A) in subparagraph (A)-- (i) by striking ``or'' at the end of clause (i); and (ii) by adding at the end the following: ``(iii) Federal Direct Unsubsidized Stafford Loan or Federal Direct Consolidation Loan made to a borrower for a period of enrollment during which the borrower was pursuing a degree described in paragraph (5)(A) and the borrower is between the ages of 21 and 25, inclusive, and a recent college student, as defined in paragraph (5); or''; and (B) in subparagraph (B)-- (i) by inserting ``not described in subparagraph (A)(iii)'' after ``Unsubsidized Stafford Loan''; and (ii) by striking ``subparagraph (A)(ii)'' and inserting ``clause (ii) or (iii) of subparagraph (A)''; (2) in paragraph (2)-- (A) by striking ``or'' at the end of subparagraph (C); (B) by striking the period at the end of subparagraph (D) and inserting ``; or''; and (C) by adding at the end the following new subparagraph: ``(E) in a case of a borrower who is between the ages of 21 and 25, inclusive, and a recent college student, as defined in paragraph (5), with respect to loans made under this part to such borrower for a period of enrollment during which the borrower was pursuing a degree described in subparagraph (A) of such paragraph (5)-- ``(i) beginning as soon as practicable after the last day of the second consecutive month for which the Bureau of Labor Statistics of the Department of Labor (in this paragraph referred to as the `Bureau') publishes a national unemployment rate that exceeds 7 percent, and ending as soon as practicable after the Bureau publishes a national unemployment rate that is 7 percent or lower, except that such period shall not exceed 5 years; or ``(ii) beginning as soon as practicable after the last day of the second consecutive month for which the Bureau publishes a national unemployment rate for individuals ages 21 through 25 years old that exceeds 9 percent, and ending as soon as practicable after the Bureau publishes a national unemployment rate for such individuals that is 9 percent or lower, except that such period shall not exceed 5 years.''; and (3) by adding at the end the following new paragraph: ``(5) Definition of recent college student.--For the purpose of this subsection, the term `recent college student' means a borrower who-- ``(A) who has received a baccalaureate degree from an institution of higher education within 48 months prior to the date of enactment of the U.S. Leads Act; and ``(B) who has not previously received any such baccalaureate degree.''.

Summary: Unshackling Students to Lead, Excel, Act, Develop, and Serve Act of 2012 or U.S. LEADS Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to allow recent college graduates to defer payment on their student loans under the Federal Family Education Loan (FFEL) and Direct Loan (DL) programs without accruing interest when the national unemployment rate exceeds 7% or the unemployment rate for 21-25 year olds exceeds 9%. Limits that deferral period to a maximum of five years. Makes the deferral available only to graduates aged 21-25 who received their first baccalaureate degree within the four years preceding this Act's enactment.