SECTION 1. SHORT TITLE. This Act may be cited as the ``Reinvigorating Antibiotic and Diagnostic Innovation Act of 2015''. SEC. 2. CLINICAL TESTING EXPENSES FOR QUALIFIED INFECTIOUS DISEASE PRODUCTS. (a) In General.--Subpart D 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. 45S. CLINICAL TESTING EXPENSES FOR QUALIFIED INFECTIOUS DISEASE PRODUCTS. ``(a) General Rule.--For purposes of section 38, the qualified infectious disease product credit determined under this section for the taxable year is an amount equal to 50 percent of the qualified clinical testing expenses for the taxable year. ``(b) Qualified Clinical Testing Expenses.--For purposes of this section-- ``(1) Qualified clinical testing expenses.-- ``(A) In general.--Except as otherwise provided in this paragraph, the term `qualified clinical testing expenses' means the amounts which are paid or incurred by the taxpayer during the taxable year which would be described in subsection (b) of section 41 if such subsection were applied with the modifications set forth in subparagraph (B). ``(B) Modifications.--For purposes of subparagraph (A), subsection (b) of section 41 shall be applied-- ``(i) by substituting `clinical testing' for `qualified research' each place it appears in paragraphs (2) and (3) of such subsection, and ``(ii) by substituting `100 percent' for `65 percent' in paragraph (3)(A) of such subsection. ``(C) Exclusion for amounts funded by grants, etc.--The term `qualified clinical testing expenses' shall not include any amount to the extent such amount is funded by any grant, contract, or otherwise by another person (or any governmental entity). ``(D) Special rule.--For purposes of this paragraph, section 41 shall be deemed to remain in effect for periods after enactment of this section. ``(2) Clinical testing.-- ``(A) In general.--The term `clinical testing' means any human clinical testing-- ``(i) which is carried out under an exemption for a drug being tested as an antibiotic or antifungal drug under section 505(i) of the Federal Food, Drug, and Cosmetic Act (or regulations issued under such section), ``(ii) which occurs before the date on which an application with respect to such drug is approved under section 505(b) of such Act or, if the drug is a biological product, before the date on which a license for such drug is issued under section 351 of the Public Health Service Act, and ``(iii) which is conducted by or on behalf of the taxpayer to whom exemption under section 505(i) of such Act is granted. ``(B) Testing must be related to use as qualified infectious disease product.--Human clinical testing shall be taken into account under subparagraph (A) only to the extent such testing is related to the use of the drug as a qualified infectious disease product. ``(c) Coordination With Credit for Increasing Research Expenditures.-- ``(1) In general.--Except as provided in paragraph (2), any qualified clinical testing expenses for a taxable year to which an election under this section applies shall not be taken into account for purposes of determining the credit allowable under section 41 for such taxable year. ``(2) Expenses included in determining base period research expenses.--Any qualified clinical testing expenses for any taxable year which are qualified research expenses (within the meaning of section 41(b)) shall be taken into account in determining base period research expenses for purposes of applying section 41 to subsequent taxable years. ``(d) Definitions and Special Rules.-- ``(1) Qualified infectious disease product.--For purposes of this section, the term `qualified infectious disease product' means any drug or biological product for human use that-- ``(A) is intended to treat a serious or life- threatening infection, including those caused by-- ``(i) an antibacterial or antifungal resistant pathogen (including novel or emerging infectious pathogens), or ``(ii) qualifying pathogens listed by the Secretary of Health and Human Services under section 505E(f) of the Federal Food, Drug, and Cosmetic Act (21 U.S.C. 351 et seq.), and ``(B) is intended to treat an infection for which there is an unmet medical need as defined by the Secretary of Health and Human Services. ``(2) Special limitation on foreign testing.-- ``(A) In general.--No credit shall be allowed under this section with respect to any clinical testing conducted outside the United States unless-- ``(i) such testing is conducted outside the United States because there is an insufficient testing population in the United States, and ``(ii) such testing is conducted by a United States person or by any other person who is not related to the taxpayer to whom exemption under section 505(i) of the Federal Food, Drug, and Cosmetic Act is granted. ``(B) Insufficient testing population.--For purposes of this section, the testing population in the United States is insufficient if there are not within the United States the number of available and appropriate human subjects needed to produce reliable and timely data from the clinical investigation. ``(3) Certain rules made applicable.--Rules similar to the rules of paragraphs (1) and (2) of section 41(f) shall apply for purposes of this section. ``(4) Election.--This section shall apply to any taxpayer for any taxable year only if such taxpayer elects (at such time and in such manner as the Secretary may by regulations prescribe) to have this section apply for such taxable year. ``(e) Transferability.-- ``(1) In general.--Any taxpayer holding a credit under this section may transfer for valuable consideration unused but otherwise allowable credit for use by a qualified pharmaceutical research taxpayer. A taxpayer that transfers any amount of credit under this section shall file a notification of such transfer to the Secretary in accordance with procedures and forms prescribed by the Secretary. ``(2) Use of transferred credit.--Any qualified pharmaceutical research taxpayer that receives credit that has been transferred shall use such credit for the taxable year in which the transfer occurred. Any unused amounts of such credit may be carried back or forward to other taxable years in accordance with section 39. ``(3) Definition of qualified pharmaceutical research taxpayer.--For purposes of this section, the term `qualified pharmaceutical research taxpayer' means any domestic corporation the primary mission of which is pharmaceutical research or development.''. (b) Made Part of Business Credit.--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 qualified infectious disease product credit determined under section 45S(a).''. (c) Clerical Amendments.--The table of sections for subpart D of part IV of subchapter A of chapter 1 of such Code is amended by adding at the end the following new item: ``45S. Clinical testing expenses for qualified infectious disease products.''. (d) Effective Date.--The amendment made by this section shall apply to amounts paid or incurred after the date of the enactment of this Act. SEC. 3. CLINICAL TESTING EXPENSES FOR RAPID INFECTIOUS DISEASES DIAGNOSTIC TESTS. (a) In General.--Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986, as amended by section 2, is amended by adding at the end the following new section: ``SEC. 45T. CLINICAL TESTING EXPENSES FOR RAPID INFECTIOUS DISEASES DIAGNOSTIC TESTS. ``(a) General Rule.--For purposes of section 38, the credit determined under this section for the taxable year is an amount equal to 50 percent of the qualified clinical testing expenses for the taxable year. ``(b) Qualified Clinical Testing Expenses.--For purposes of this section-- ``(1) Qualified clinical testing expenses.-- ``(A) In general.--Except as otherwise provided in this paragraph, the term `qualified clinical testing expenses' means the amounts which are paid or incurred by the taxpayer during the taxable year which would be described in subsection (b) of section 41 if such subsection were applied with the modifications set forth in subparagraph (B). ``(B) Modifications.--For purposes of subparagraph (A), subsection (b) of section 41 shall be applied-- ``(i) by substituting `clinical testing' for `qualified research' each place it appears in paragraphs (2) and (3) of such subsection, and ``(ii) by substituting `100 percent' for `65 percent' in paragraph (3)(A) of such subsection. ``(C) Exclusion for amounts funded by grants, etc.--The term `qualified clinical testing expenses' shall not include any amount to the extent such amount is funded by any grant, contract, or otherwise by another person (or any governmental entity). ``(D) Special rule.--For purposes of this paragraph, section 41 shall be deemed to remain in effect for periods after enactment of this section. ``(2) Clinical testing.-- ``(A) In general.--The term `clinical testing' means any human clinical testing-- ``(i) which is carried out under an exemption for a device being tested under section 520(g) of the Federal Food, Drug, and Cosmetic Act (or regulations issued under such section), ``(ii) which is related only to such use as a qualified rapid infectious diseases diagnostic test, ``(iii) which occurs before the date on which an application with respect to such device receives premarket approval, if required, under section 515 of such Act, or receives clearance, if required, under section 510(k) of such Act, and ``(iv) which is conducted by or on behalf of the taxpayer to whom the exemption under section 520(g) of such Act was granted. ``(c) Coordination With Credit for Increasing Research Expenditures.-- ``(1) In general.--Except as provided in paragraph (2), any qualified clinical testing expenses for a taxable year to which an election under this section applies shall not be taken into account for purposes of determining the credit allowable under section 41 for such taxable year. ``(2) Expenses included in determining base period research expenses.--Any qualified clinical testing expenses for any taxable year which are qualified research expenses (within the meaning of section 41(b)) shall be taken into account in determining base period research expenses for purposes of applying section 41 to subsequent taxable years. ``(d) Definitions and Special Rules.-- ``(1) Qualified rapid infectious diseases diagnostic test.--For purposes of this section, the term `qualified rapid infectious diseases diagnostic test' means an in-vitro diagnostic (IVD) device that provides results in less than four hours and that is used to identify or detect the presence, concentration, or characteristics of a serious or life- threatening infection, including those caused by (1) an antibacterial or antifungal resistant pathogen, including novel or emerging infectious pathogens or (2) qualifying pathogens listed by the Secretary of Health and Human Services under Chapter V (21 U.S.C. 351 et seq.) section 505E(f). ``(2) Special limitation on foreign testing.-- ``(A) In general.--No credit shall be allowed under this section with respect to any clinical testing conducted outside the United States unless-- ``(i) such testing is conducted outside the United States because there is an insufficient testing population in the United States, and ``(ii) such testing is conducted by a United States person or by any other person who is not related to the taxpayer to whom the exemption under section 520(g) of Federal Food, Drug, and Cosmetic Act was granted. ``(B) Insufficient testing population.--For purposes of this section, the testing population in the United States is insufficient if there are not within the United States the number of available and appropriate human subjects needed to produce reliable and timely data from the clinical investigation. ``(3) Certain rules made applicable.--Rules similar to the rules of paragraphs (1) and (2) of section 41(f) shall apply for purposes of this section. ``(4) Election.--This section shall apply to any taxpayer for any taxable year only if such taxpayer elects (at such time and in such manner as the Secretary may by regulations prescribe) to have this section apply for such taxable year. ``(e) Transferability.-- ``(1) In general.--Any taxpayer holding a credit under this section may transfer for valuable consideration unused but otherwise allowable credit for use by a qualified diagnostics research taxpayer. A taxpayer that transfers any amount of credit under this section shall file a notification of such transfer to the Secretary in accordance with procedures and forms prescribed by the Secretary. ``(2) Use of transferred credit.--Any qualified diagnostics research taxpayer that receives credit that has been transferred shall use such credit for the taxable year in which the transfer occurred. Any unused amounts of such credit may be carried back or forward to other taxable years in accordance with section 39. ``(3) Definition of qualified diagnostics research taxpayer.--For purposes of this section, the term `qualified diagnostics research taxpayer' means any domestic corporation that derives-- ``(A) any gross income from research or development on diagnostic tests used to identify or detect the presence, concentration or characteristics of a serious or life-threatening infectious disease or pathogen; or ``(B) any gross income from research or development on qualified infectious disease products within the meaning given to such term in section 505E(g) of the Federal, Food, Drug, and Cosmetic Act; or ``(C) more than 50 percent of its gross income from activities related to health care.''. (b) Made Part of Business Credit.--Section 38(b) of such Code, as amended by section 2, is amended by striking ``plus'' at the end of paragraph (36), by striking the period at the end of paragraph (37) and inserting ``, plus'', and by adding at the end the following new paragraph: ``(38) the credit determined under section 45T(a).''. (c) Clerical Amendment.--The table of sections for subpart D of part IV of subchapter A of chapter 1 of such Code, as amended by section 2, is amended by adding at the end the following new item: ``Sec. 45T. Clinical testing expenses for rapid infectious diseases diagnostic tests.''. (d) Effective Date.--The amendment made by this section shall apply to amounts paid or incurred after the date of the enactment of this Act.

Summary: Reinvigorating Antibiotic and Diagnostic Innovation Act of 2015 This bill amends the Internal Revenue Code to allow tax credits for 50% of the clinical testing expenses for: (1) infectious disease products that are intended to treat a serious or life-threatening infection, including one caused by an antibacterial or antifungal resistant pathogen or a qualifying pathogen listed by the Department of Health and Human Services as having the potential to pose a serious threat to public health; and (2) in-vitro diagnostic devices that identify in less than four hours the presence, concentration, or characteristics of a serious or life-threatening infection.


SECTION 1. SHORT TITLE. This Act may be cited as the ``Somalia Stabilization Act of 2013''. SEC. 2. FINDINGS. Congress makes the following findings: (1) Since the collapse of the Siad Barre regime in 1991, Somalia has struggled to rebuild a government and assert order and control over warlords, clan militias, and extremist groups. (2) The lack of functioning state and governing structures led to chronic humanitarian need within Somalia and enabled terrorist groups, maritime crime, illicit trafficking, and mass refugee flows to flourish. (3) In 2007, the Ethiopian military ousted the Islamic Courts Union and the United Nations authorized the African Union to deploy a peacekeeping force to Somalia, the African Union Mission to Somalia (AMISOM), in order to support the Transitional Federal Government to establish order in Somalia. AMISOM currently consists of troops from Burundi, Djibouti, Kenya, Sierra Leone, and Uganda. (4) In 2008, Harakat al-Shabaab al-Mujahideen (al-Shabaab) was designated a Foreign Terrorist Organization and a Specially Designated Global Terrorist entity by the United States Government. (5) In 2010, al-Shabaab took control of southern and central Somalia and instituted strict Sharia law. (6) In July 2010, Al-Shabaab retaliated against a contributor to AMISOM by carrying out an attack in Kampala, Uganda, which killed 74 people and injured 70 others. (7) In 2010, in response to growing al-Shabaab dominance and brutality, the AMISOM mandate was expanded to directly target and counter al-Shabaab in Somalia. (8) In 2011 and 2012, when many parts of the country were suffering from severe food insecurity and famine, al-Shabaab denied humanitarian access to its residents, resulting in the death of close to 260,000 people and acute food insecurity for millions. (9) In 2011, the Kenyan Defense Force joined AMISOM, to help take control of urban areas like Mogadishu and Kismayo from al-Shabaab control. (10) In 2012, improved security in much of urban Somalia enabled the Transitional Federal Government to complete a draft constitution and end its transitional term. (11) In 2012, a regionally representative Somali constituent assembly elected a new Federal parliament, which in turn elected President Hassan Sheikh Mohamud. (12) The United States, Arab and European countries, the United Nations, and the African Union officially recognized the new Somali government, citing the process that created it as being the most credible and inclusive process to date. (13) On March 6, 2013, the United Nations Security Council passed Resolution 2093, creating a new exemption to the 21- year-old arms embargo for a period of 12 months, to allow for ``deliveries of weapons or military equipment or the provision of advice, assistance or training, intended solely for the development of the National Security Forces of the Federal Government of Somalia'', and calling for the training, equipping, and capacity-building of Somali Security Forces, including both its armed forces and police, with special focus on the development of infrastructure to ``ensure the safe storage, registration, maintenance and distribution of military equipment,'' and ``procedures and codes of conduct . . . for the registration, distribution, use, and storage of weapons''. (14) On May 2, 2013, the United National Security Council passed Resolution 2102, establishing the United Nations Assistance Mission in Somalia (UNSOM) under the leadership of a Special Representative of the Secretary-General to support the Government of Somalia with peace-building, state-building and governance, as well as the coordination of international assistance. (15) Though greeted with great optimism, the Government of Somalia has run into many challenges, which has stalled its efforts to finalize the constitution, guide the structure of the new state, or provide services to the population. (16) President Hassan Sheikh Mohamud and his government have committed to the completion of these tasks and to holding a constitutional referendum and national election by 2016. (17) On September 16, 2013, the international community and a high level Somali delegation endorsed a compact based on the ``New Deal Strategy for Engagement in Fragile States.'' Donors pledged $2,400,000,000 over three years to support Somali development priorities, including $69,000,000 from the United States. (18) Al Shabaab continues to use terrorist tactics to attack soft targets. On September 21-24, 2013, al-Shabaab perpetrated an attack on the Westgate mall in Nairobi, Kenya, killing at least 67 people. SEC. 3. SENSE OF CONGRESS. It is the sense of Congress that the United States should-- (1) support the Somali Federal Government, regional administrations, Federal units, and people in their ongoing efforts to consolidate political gains and develop credible, transparent, and representative government systems and institutions, and foster complementary processes at the local, regional, and national levels; (2) continue to support African-led regional efforts to improve security and stability in Somalia, including through the African Union Mission to Somalia (AMISOM) and the United Nations Assistance Mission in Somalia (UNSOM); (3) support the people and Government of Somalia to develop professional and regionally and ethnically representative Somali security forces that are capable of maintaining and expanding security within Somalia, confronting international security threats such as terrorism, and preventing human rights abuses; (4) continue to provide lifesaving humanitarian assistance as needed, while bolstering resilience and building a foundation for sustained, inclusive development for the people of Somalia; and (5) carry out all diplomatic, economic, intelligence, military, and development activities in Somalia within the context of a comprehensive strategy coordinated through an interagency process. SEC. 4. REQUIREMENT OF A STRATEGY TO SUPPORT THE CONSOLIDATION OF SECURITY AND GOVERNANCE GAINS IN SOMALIA. (a) Requirement for Strategy.--Not later than 120 days after the date of the enactment of this Act, the President shall submit to the appropriate committees of Congress a strategy to guide future United States action in support of the Government and people of Somalia to foster economic growth and opportunity, counter armed threats to stability, and develop credible, transparent, and representative government systems and institutions. (b) Content of Strategy.--The strategy required under subsection (a) should include the following elements: (1) A clearly stated policy toward Somalia on supporting the consolidation of political gains at the national level, while also encouraging and supporting complementary processes at the local and regional levels. (2) Measures to support the development goals identified by the people and Government of Somalia. (3) Plans for strengthening efforts by the Government of Somalia, the African Union, and regional governments to stabilize the security situation within Somalia and further degrade al-Shabaab's capabilities, in order to enable the eventual transfer of security operations to Somali security forces capable of-- (A) maintaining and expanding security within Somalia; (B) confronting international security threats; and (C) preventing human rights abuses. (4) Plans for supporting the development and professionalization of regionally and ethnically representative Somali security forces, including the infrastructure and procedures required to ensure chain of custody and the safe storage of military equipment and an assessment of the benefits and risks of the provision of weaponry to the Somali security forces by the United States. (5) A description of United States national security objectives addressed through military-to-military cooperation activities with Somali security forces. (6) A description of security risks to United States personnel conducting security cooperation activities within Somalia and plans to assist the Somali security forces in preventing infiltration and insider attacks, including through the application of lessons learned in United States military training efforts in Afghanistan. (7) A description of United States tools for monitoring and responding to violations of the United Nations Security Council arms embargo, charcoal ban, and other international agreements affecting the stability of Somalia. (8) A description of mechanisms for coordinating United States military and non-military assistance with other international donors, regional governments, and relevant multilateral organizations. (9) Plans to increase United States diplomatic engagement with Somalia, including through the future establishment of an embassy or other diplomatic posts in Mogadishu. (10) Any other element the President determines appropriate. (c) Reports.--Not later than 180 days from the submission of the strategy required under subsection (a), and annually thereafter for three years, the President shall submit to the appropriate committees of Congress an update on implementation of the strategy and progress made in Somalia in security, stability, development, and governance. (d) Form.--The strategy under this section shall be submitted in unclassified form, but may include a classified annex. The reports may take the form of a briefing, unclassified report, or unclassified report with a classified annex. (e) Appropriate Committees of Congress Defined.--In this section, the term ``appropriate committees of Congress'' means-- (1) the Committee on Appropriations, the Committee on Armed Services, the Committee on Foreign Relations, and the Select Committee on Intelligence of the Senate; and (2) the Committee on Appropriations, the Committee on Armed Services, the Committee on Foreign Affairs, and the Permanent Select Committee on Intelligence of the House of Representatives.

Summary: Somalia Stabilization Act of 2013 - Expresses the sense of Congress that the United States should: (1) support the Somali Federal Government, regional administrations, federal units, and people in their efforts to consolidate political gains and develop credible and representative government systems and institutions; (2) support African-led regional efforts to improve security and stability in Somalia; (3) support the development of professional and regionally and ethnically representative Somali security forces; (4) provide humanitarian assistance as needed while building a foundation for Somalia's development; and (5) carry out all diplomatic, economic, intelligence, military, and development activities in Somalia within the context of a comprehensive strategy coordinated through an interagency process. Directs the President to submit to Congress a strategy to guide future U.S. action in support of the government and people of Somalia to foster economic growth, counter armed threats to stability, and develop credible and representative government systems and institutions.


SECTION 1. SHORT TITLE. This Act may be cited as the ``Public Broadcasting Reauthorization Act of 2004''. SEC. 2. AUTHORIZATION OF APPROPRIATIONS. (a) Corporation for Public Broadcasting.--Section 396(k)(1) of the Communications Act of 1934 (47 U.S.C. 396(k)(1)) is amended by striking subparagraphs (B) through (F) and inserting the following: ``(B) There is authorized to be appropriated to the Fund, for each of the fiscal years 2007, 2008, 2009, 2010, and 2011, an amount equal to 40 percent of the total amount of non-Federal financial support received by public broadcasting entities during the second fiscal year preceding each such fiscal year, except that the amount so appropriated shall not exceed-- ``(i) $416,000,000 for fiscal year 2007; ``(ii) $432,000,000 for fiscal year 2008; ``(iii) $450,000,000 for fiscal year 2009; ``(iv) $468,000,000 for fiscal year 2010; and ``(v) $487,000,000 for fiscal year 2011. ``(C) In addition to any amounts authorized under any other provision of this or any other Act, there are authorized to be appropriated to the Fund, (notwithstanding any other provision of this subsection) specifically for transition from the use of analog to digital technology for the provision of public telecommunications services and for the acquisition or production of digital programming of local, regional, and national interest-- ``(i) $50,000,000 for fiscal year 2005; ``(ii) $50,000,000 for fiscal year 2006; ``(iii) $40,000,000 for fiscal year 2007; ``(iv) $30,000,000 for fiscal year 2008; and ``(v) $20,000,000 for fiscal year 2009. ``(D) Funds appropriated under this subsection shall remain available until expended and shall be disbursed by the Secretary of the Treasury for obligation and expenditure as soon after appropriation as practicable. The Corporation shall distribute funds authorized by subparagraph (C) and allocated to public broadcast stations under this subsection as expeditiously as practicable when made available by the Secretary of the Treasury, and in a manner that is determined, in consultation with public radio and television licensees or permittees and their designated representatives.''. (b) Public Broadcasting Interconnection System.--Section 396(k)(10) of the Communications Act of 1934 (47 U.S.C. 396(k)(10)) is amended by striking subparagraphs (B) and (C) and inserting the following: ``(B) There are authorized to be appropriated to the Satellite Interconnection Fund $250,000,000 for fiscal year 2005. If the amount appropriated to the Satellite Interconnection Fund for fiscal year 2005 is less than $250,000,000, the amount by which that sum exceeds the amount appropriated is authorized to be appropriated for fiscal years 2006 through 2008 until the full $250,000,000 has been appropriated to the Fund. Funds appropriated to the Satellite Interconnection Fund shall remain available until expended. ``(C) The Secretary of the Treasury shall make available and disburse to the Corporation, at the beginning of fiscal year 2005 and of each succeeding fiscal year thereafter, such funds as have been appropriated to the Satellite Interconnection Fund for the fiscal year in which such disbursement is to be made.''. (c) Public Telecommunications Facilities Program Grants.--Section 391 of the Communications Act of 1934 (47 U.S.C. 391) is amended-- (1) by striking ``$42,000,000 for each of the fiscal years 1992, 1993, and 1994,'' and inserting ``$50,000,000 for fiscal year 2005, $52,000,000 for fiscal year 2006, $54,008,000 for fiscal year 2007, $56,240,000 for fiscal year 2008, $58,490,000 for fiscal year 2009, $60,820,000 for fiscal year 2010, and $63,250,000 for fiscal year 2011,''; and (2) by striking ``facilities'' each place it occurs and inserting ``facilities, including analog and digital broadcast facilities and equipment,''. SEC. 3. RECOUPMENT OF FUNDS BY CORPORATION. Section 396(k) of the Communications Act of 1934 (47 U.S.C. 396(k)) is amended by adding at the end the following: ``(13) Funds may not be distributed pursuant to this section to any public broadcast station unless it agrees that, upon request by the Corporation, at such time as it ceases to provide public telecommunications services or transfers or assigns its broadcast license or permit to an entity that will not provide public telecommunications services (as defined in section 397(14) of this Act), it will-- ``(A) return any or all unexpended funds for all grants made by the Corporation; and ``(B) with respect to grants made by the Corporation during the prior 5 years for the purchase or construction of public telecommunications facilities, return an amount that is no more than an amount bearing the same ratio to the current value of such facilities at the time of cessation of public telecommunications service as the ratio that the Corporation's contribution bore to the total cost of purchasing or constructing such facilities.''. SEC. 4. REDEFINITION OF PUBLIC TELECOMMUNICATIONS SERVICES TO INCLUDE NEW TECHNOLOGIES. (a) Transition and Programming Authorization.--Section 396(k)(1)(C) of the Communications Act of 1934 (47 U.S.C. 396(k)(1)(C)), as amended by section 2(a) of this Act, is further amended by striking ``public broadcasting services,'' and inserting ``public telecommunications services,''. (b) Public Telecommunications Services To Include New Technologies.--Section 397(14) of the Communications Act of 1934 (47 U.S.C 397(14)) is amended to read as follows: ``(14) The term `public telecommunications services' means noncommercial educational and cultural-- ``(A) radio and television programming or other content; and ``(B) instructional or informational material (including data) transmitted electronically.''. SEC. 5. LOCAL CONTENT, PROGRAMMING, AND SERVICES. Section 396(k)(7) of the Communications Act of 1934 (47 U.S.C. 396(k)(7)) is amended by striking ``to the production and acquisition of programming.'' and inserting ``to the support of content, programming, and services, especially those that serve the needs and interests of the recipient's local community.''.

Summary: Public Broadcasting Reauthorization Act of 2004 - Amends the Communications Act of 1934 to authorize appropriations for: (1) FY 2007 through 2011 for the Public Broadcasting Fund, including funds for FY 2005 through 2009 specifically for transition from the use of analog to digital technology for the provision of public telecommunication services and for acquisition or production of digital programming of local, regional, and national interest; (2) FY 2005 for the Satellite Interconnection Fund, including for FY 2006 through 2008 up to the amount authorized for FY 2005 if the amount appropriated is less; and (3) FY 2005 through 2011 for public telecommunications facilities programs, including analog and digital broadcast facilities and equipment. Provides for recoupment by the Public Broadcasting Corporation of unexpended funds from a public broadcast station that ceases to provide public telecommunications services, or transfers its license or permit to an entity that will not provide such services. Redefines "public broadcast services" as "public telecommunications services," namely noncommercial educational and cultural: (1) radio and television programming or other content; and (2) instructional or informational material (including data) transmitted electronically. Revises the authority of licensees and permittees of public radio stations to use funds distributed by the Corporation at their discretion for purposes related primarily to the production and acquisition of programming. Authorizes such recipients to use such funds primarily for the support of content, programming, and services, especially those that serve the needs and interests of the recipient's local community.


SECTION 1. SHORT TITLE. This Act may be cited as the ``Portable Fuel Container Safety Act of 2017''. SEC. 2. PERFORMANCE STANDARDS TO PROTECT AGAINST PORTABLE FUEL CONTAINER EXPLOSIONS NEAR OPEN FLAMES OR OTHER IGNITION SOURCES. (a) Rule on Safety Performance Standards Required.--Not later than 30 months after the date of enactment of this section, the Consumer Product Safety Commission shall promulgate a final rule for flame mitigation devices in portable fuel containers that impedes the propagation of flame into the container, except as provided in subsection (c). (b) Rulemaking; Consumer Product Safety Standard.--A rule under subsection (a)-- (1) shall be promulgated in accordance with section 553 of title 5, United States Code; and (2) shall be treated as a consumer product safety rule promulgated under section 9 of the Consumer Product Safety Act (15 U.S.C. 2058). (c) Exception.-- (1) Voluntary standard.--Subsection (a) shall not apply if the Commission determines that-- (A) there is a voluntary standard for flame mitigation devices in portable fuel containers that impedes the propagation of flame into the container; (B) the voluntary standard is or will be in effect not later than 18 months after the date of enactment of this Act; and (C) the voluntary standard is developed by Subcommittee F15 of ASTM International or such other standard development organization that the Commission determines to have met the intent of this Act. (2) Determination required to be published in the federal register.--Any determination made by the Commission under this subsection shall be published in the Federal Register. (d) Treatment of Voluntary Standard for Purpose of Enforcement.--If the Commission determines that a voluntary standard meets the conditions described in subsection (c), the requirements of such voluntary standard shall be treated as a consumer product safety rule promulgated under section 9 of the Consumer Product Safety Act beginning on the date which is the later of-- (1) 180 days after publication of the Commission's determination under subsection (c); or (2) the effective date contained in the voluntary standard. (e) Revision of Voluntary Standard.-- (1) Notice to commission.--If the requirements of a voluntary standard that meet the conditions of subsection (c) are subsequently revised, the organization that revised the standard shall notify the Commission not later than 60 days after the final approval of the revision. (2) Effective date of revision.--Not later than 180 days after the Commission is notified of a revised voluntary standard described in paragraph (1) (or such later date as the Commission determines appropriate), such revised voluntary standard shall become enforceable as a consumer product safety rule promulgated under section 9 of the Consumer Product Safety Act, in place of the prior version, unless within 90 days after receiving the notice the Commission determines that the revised voluntary standard does not meet the requirements described in subsection (c). (f) Future Rulemaking.--The Commission, at any time after publication of the consumer product safety rule required by subsection (a), a voluntary standard is treated as a consumer product safety rule under subsection (d), or a revision is enforceable as a consumer product safety rule under subsection (e) may initiate a rulemaking in accordance with section 553 of title 5, United States Code, to modify the requirements or to include any additional provision that the Commission determines is reasonably necessary to protect public health or safety. Any rule promulgated under this subsection shall be treated as a consumer product safety rule promulgated under section 9 of the Consumer Product Safety Act. (g) Action Required.-- (1) Education campaign.--Not later than 1 year after the date of enactment of this Act, the Commission shall undertake a campaign to educate consumers about the dangers associated with using or storing portable fuel containers for flammable liquids near an open flame or any other source of ignition. (2) Summary of actions.--Not later than 2 years after the date of enactment of this Act, the Commission shall submit to Congress a summary of actions taken by the Commission in such campaign. (h) Portable Fuel Container Defined.--In this section, the term ``portable fuel container'' means any container or vessel (including any spout, retrofit spout, cap, and other closure mechanism or component of such container or vessel)-- (1) intended for flammable liquid fuels, including gasoline, kerosene, diesel, ethanol, methanol, denatured alcohol, biofuels, or liquids with a flash point less than 140 degrees Fahrenheit; (2) that is a consumer product with a capacity of 5 gallons or less; and (3) that the manufacturer knows or reasonably should know is used by consumers for receiving, transporting, storing, and dispensing flammable liquid fuels. (i) Rule of Construction.--This section may not be interpreted to conflict with the Children's Gasoline Burn Prevention Act (Public Law 110-278; 122 Stat. 2602). SEC. 3. CHILDREN'S GASOLINE BURN PREVENTION ACT. (a) Amendment.--Section 2(c) of the Children's Gasoline Burn Prevention Act (15 U.S.C. 2056 note; Public Law 110-278) is amended by inserting after ``for use by consumers'' the following: ``and any receptacle for gasoline, kerosene, or diesel fuel, including any spout, retrofit spout, cap, and other closure mechanism and component of such receptacle, produced or distributed for sale to or use by consumers for transport of, or refueling of internal combustion engines with, gasoline, kerosene, or diesel fuel''. (b) Applicability.--The amendment made by subsection (a) shall take effect 6 months after the date of enactment of this section.

Summary: Portable Fuel Container Safety Act of 2017 This bill requires the Consumer Product Safety Commission (CPSC) to promulgate a final rule for flame mitigation devices in portable flammable liquid fuel containers that impede the propagation of flame into the container, unless the CPSC publishes a determination that a voluntary standard developed by a standard development organization meets the intent of this bill. Either the promulgated standard or the voluntary standard shall be treated as a consumer product safety rule. If a standard development organization subsequently revises a voluntary standard, the organization must notify the CPSC and the revision becomes enforceable unless, within 90 days after receiving notice, the CPSC determines that the revised standard does not meet this bill's requirements. The CPSC must undertake a campaign to educate consumers about dangers associated with portable fuel containers near an open flame or other source of ignition. The bill amends the Children's Gasoline Burn Prevention Act to extend child-resistance requirements for closures on portable gasoline containers to receptacles for gasoline, kerosene, or diesel fuel (including any spout, retrofit spout, cap, and other closure mechanism and component) produced or distributed for sale to, or use by, consumers for transport of, or for refueling of internal combustion engines with, gasoline, kerosene, or diesel fuel.


SECTION 1. SHORT TITLE. This Act may be cited as the ``Social Security Preservation through Individual Choice Enhancement Act''. SEC. 2. ELECTION TO TAKE EMPLOYEE PAYROLL TAX CUT. (a) In General.--Section 601 of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 is amended by redesignating subsections (b) through (g) as subsections (c) through (i), respectively, and by inserting after subsection (a) the following new subsection: ``(b) Election To Take Employee Payroll Tax Cut.-- ``(1) In general.--Subsection (a) shall apply with respect to remuneration received by any individual for services rendered in a calendar year (or taxable year beginning in the calendar year) in the payroll tax holiday period only if a tax holiday election under paragraph (2) is in effect with respect to such calendar year. ``(2) Tax holiday election.--For purposes of this subsection-- ``(A) In general.--The term `tax holiday election' means, with respect to the individual, an election to have subsection (a) apply to a calendar year (or taxable year beginning in such calendar year) in the payroll tax holiday period beginning in or after 2012. Any such election shall remain in effect until such election is revoked. ``(B) When made.--An election with respect to a calendar year (and a taxable year beginning in the taxable year) may be made before July 1 of the calendar year for which such remuneration is received. ``(C) Revocation of election.--Subject to such conditions as the Secretary deems necessary, an individual may revoke an election to have subsection (a) apply with respect to a calendar year (and taxable year beginning in the calendar year) if such revocation is made before July 1 of the calendar year. ``(D) Time and manner of election and revocation.-- Any election and revocation under this subsection shall be made at such time and in such manner as the Secretary may prescribe. ``(3) Special rules.-- ``(A) 1st employment or self-employment after beginning of year.--In the case of an individual whose employment or self-employment first commences after the beginning of the calendar year or taxable year (as the case may be), the election under paragraph (2)(A) shall be made before or with the beginning of such employment. ``(B) Multiple employers.--In the case that an individual is employed by more than 1 employer (including self-employment) for a period, an election or revocation made under this subsection made with respect to remuneration from 1 employer shall apply to all employers. For purposes of the preceding sentence, the most recent valid election or revocation for a period shall be the only election or revocation (as the case may be) in effect for that period. ``(4) Overpayment and underpayment of tax.-- ``(A) Credit for overpayment.--See sections 6402 and 6413 of such Code for provisions relating to overpayments of employment taxes. ``(B) Underpayment of taxes.--If, by reason of an election or revocation under this subsection for a calendar year or taxable year, an individual has a liability for tax under section 1401(a), 3101(a), 3201(a), or 3211(a)(1) of such Code for the taxable year beginning with or in the calendar year, for purposes of subtitle F of such Code, such liability, together with interest on such liability at the underpayment rate established under section 6621, shall be assessed and collected in the manner prescribed by the Secretary. ``(5) Regulations.--The Secretary, in consultation with the Commissioner of Social Security, shall prescribe such regulations or other guidance as may be necessary to carry out this subsection. Such regulations or other guidance shall include procedures providing for the exchange of information between the Secretary and the Commissioner of Social Security for purposes of this subsection.''. (b) Extension of Retirement Age in Connection With Election To Take Payroll Tax Cut.--Section 216(l) of the Social Security Act (42 U.S.C 416(l)) is amended by adding at the end the following new paragraph: ``(4)(A) For each calendar year beginning with or after 2012 for which section 601(a) of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 applies with respect to the wages received by an individual for services rendered in such year, the retirement age (as defined in paragraph (1)) of such individual shall be increased by 1 month. ``(B) In the case of any taxable year for which such section 601(a) applies (with respect to remuneration received by an individual as self-employment income for services rendered in such taxable year), any calendar year in which such taxable year commences shall be treated as a calendar year for which such section 601(a) applies as described in subparagraph (A).''.

Summary: Social Security Preservation through Individual Choice Enhancement Act - Amends the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 to allow individual taxpayers an election to claim the 2% reduction in employment taxes under such Act in any calendar year beginning in or after 2012. Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to increase the applicable social security retirement age by one month for each calendar year that a taxpayer elects a reduction in employment taxes under this Act.


SECTION 1. SHORT TITLE. This Act may be cited as the ``Bisti PRLA Dispute Resolution Act''. SEC. 2. WITHDRAWAL OF COAL PREFERENCE RIGHT LEASE APPLICATIONS. (a) In General.--Notwithstanding any other provision of law, if any of the coal preference right lease applications captioned NMNM 3752, NMNM 3753, NMNM 3754, NMNM 3755, NMNM 3835, NMNM 3837, NMNM 3918, NMNM 3919, NMNM 6802, NMNM 7235 and NMNM 8745 are withdrawn by the holder or holders of the applications, the Secretary of the Interior, acting through the Bureau of Land Management (referred to in this Act as the ``Secretary''), shall issue under section 4(a)(2) to each such holder or holders a certificate of bidding rights (in such form and manner as provided for under regulations promulgated by the Secretary under the Mineral Leasing Act (30 U.S.C. 181 et seq.)) that constitutes the combined fair market value, as determined under section 3, of the coal reserves for each coal preference right lease application withdrawn by the holder. (b) Relinquishment.--The relinquishment of all rights associated with the coal preference lease applications withdrawn shall be effective on the date of the issuance of the certificate of bidding rights under section 4(a)(2). (c) No Adjudication.--The withdrawals and issuances required under subsection (a) shall occur without any further adjudication of coal preference right lease applications by the Secretary. SEC. 3. METHOD FOR DETERMINING FAIR MARKET VALUE. (a) In General.--Notwithstanding any other provision of law, this section shall apply to the issuance of a certificate of bidding rights under section 4(a)(2). (b) Value of Coal Reserves.-- (1) In general.--The fair market value of the coal reserves of any coal preference right lease application withdrawn under section 2(a) shall be determined by the panel established under paragraph (2). (2) Panel.-- (A) Establishment.--Not later than 30 days after the date of enactment of this Act, the Secretary shall establish a panel to determine the fair market value of the coal reserves of any coal preference right lease applications withdrawn under section 2(a). (B) Membership.--The panel shall be composed of 3 representatives, of whom-- (i) 1 representative shall be appointed by the Secretary; (ii) 1 representative shall be appointed by the holder of the preference right lease application; and (iii) 1 representative shall be appointed by the Governor of the State of New Mexico. (3) Mineral appraiser.--The Secretary shall contract with a qualified coal reserve appraiser to assist the panel established under paragraph (2)(A) in determining the fair market value of a coal reserve. (4) Supplemental information.--In determining the fair market value of a coal reserve, the panel may supplement any information provided to the panel, as the panel determines to be appropriate. (5) Determination.--Not later than 75 days after the date on which the panel is established under paragraph (2)(A), the panel shall submit to the Secretary the determination of the panel with respect to the fair market value of a coal reserve of any coal preference right lease application withdrawn by the holder. SEC. 4. ISSUANCE OF PATENTS TO RELINQUISHED PREFERENCE RIGHT LEASE APPLICATIONS. (a) In General.--Notwithstanding any other provision of law, not later than 120 days after the withdrawal of a coal preference right lease application, the Secretary shall-- (1) issue to the Navajo Nation patents to the land, including the mineral estate, subject to the coal preference right lease application withdrawn-- (A) in full and final satisfaction of the right of the Navajo Nation to select land in New Mexico under section 11 of the Navajo-Hopi Land Settlement Act of 1974 (25 U.S.C. 640d-10); and (B) to facilitate land consolidation and facilitate mineral development in northwest New Mexico; and (2) issue a certificate of bidding rights in the amount of the fair market value determined under section 3. (b) Enforcement.--The duties of the Secretary under this section shall be considered nondiscretionary and enforceable in a mandamus proceeding brought under section 1361 of title 28, United States Code. SEC. 5. USE OF EXCHANGE BIDDING RIGHTS. (a) In General.--Notwithstanding any other provision of law-- (1) a certificate of bidding rights issued under section 4(a)(2) shall-- (A) be subject to such procedures as the Secretary may establish pertaining to notice of transfer and accountings of holders and their balances; (B) be transferable by the holder or holders of the certificate of bidding rights in whole or in part; and (C) constitute a monetary credit that, subject to paragraph (2), may be applied, at the election of the holder or holders of the certificate of bidding rights, against-- (i) rentals, advance royalties, or production royalties payable to the Secretary under Federal coal leases; and (ii) bonus payments payable to the Secretary in the issuance of a Federal coal lease or Federal coal lease modification under the coal leasing provisions of the Mineral Leasing Act (30 U.S.C. 181 et seq.); and (2) in a case in which a certificate of bidding rights issued under section 4(a)(2) is applied by the holder or holders of the certificate of bidding rights as a monetary credit against a payment obligation under a Federal coal lease, the holder or holders-- (A) may apply the bidding rights only against 50 percent of the amount payable under the lease; and (B) shall pay the remaining 50 percent as provided for under the lease in cash or cash equivalent. (b) Payment Under Lease Obligations.--Any payment of a Federal coal lease obligation by the holder or holders of a certificate of bidding rights issued under section 4(a)(2)-- (1) shall be treated as money received under section 35 of the Mineral Leasing Act (30 U.S.C. 191); but (2) shall be credited and redistributed by the Secretary only as follows: (A) 50 percent of the amount paid in cash or its equivalent shall be-- (i) distributed to the State in which the lease is located; and (ii) treated as a redistribution under section 35 of the Mineral Leasing Act (30 U.S.C. 191). (B) 50 percent of the amount paid through a crediting of the bidding rights involved shall be treated as a payment that is subject to redistribution under that section to the Reclamation and Miscellaneous Receipts accounts in the Treasury.

Summary: Bisti PRLA Dispute Resolution Act - Directs the Secretary of the Interior, acting through the Bureau of Land Management, if any of specified coal preference right lease applications are withdrawn by the holder or holders of those applications, to issue to each such holder a certificate of bidding rights that constitutes the combined fair market value of the coal reserves for each coal preference right lease application withdrawn by the holder. Provides that such withdrawals and issuances shall occur without any further adjudication of coal preference right lease applications. Directs the Secretary to establish a panel to determine the fair market value of the coal reserves of any coal preference right applications withdrawn under this Act. Instructs the Secretary to contract with a qualified coal reserve appraiser to assist the panel. Directs the Secretary, after the withdrawal of a coal preference right lease application, to: (1) issue to the Navajo Nation patents to the land, including the mineral estate, subject to such withdrawn application in full and final satisfaction of the right of the Navajo Nation to select land in New Mexico and to facilitate land consolidation and mineral development in northwest New Mexico; and (2) issue a certificate of bidding rights in the amount of the fair market value of the coal reserves of such application. Provides that the Secretary's duties in issuing such patents and certificates shall be considered nondiscretionary and enforceable in a mandamus proceeding. Sets forth provisions regarding the use of exchange bidding rights.


SECTION 1. SHORT TITLE. This Act may be cited as the ``Columbia River Restoration Act of 2010''. SEC. 2. FINDINGS. Congress finds the following: (1) The Columbia River is the largest river in the Pacific Northwest and the fourth largest river in the United States by volume. The river is 1,243 miles long, and its drainage basin includes 259,000 square miles, extending into 7 States and British Columbia, Canada, and including all or part of 5 national parks, the Columbia River Gorge National Scenic Area, and the Hells Canyon National Recreation Area. (2) The Columbia River Basin and its tributaries provide significant ecological and economic benefits to the Pacific Northwest and the entire United States. Traditionally, the Columbia River Basin and its tributaries were the largest salmon producing river system in the world, with annual returns peaking at as many as 30 million fish. The Columbia River drainage basin includes more than 6 million acres of irrigated agricultural land, and its 14 hydroelectric dams, combined with additional dams on its tributaries, produce more hydroelectric power than any other North American river. (3) The Lower Columbia River Estuary stretches 146 miles from the Bonneville Dam to the mouth of the Pacific Ocean, and much of this area is degraded. Polychlorinated biphenyls (PCBs) in salmon tissue and polycyclic aromatic hydrocarbons (PAHs) in salmon prey exceed estimated thresholds for delayed mortality, increased disease susceptibility, and reduced growth. Legacy contaminants (DDT and PCBs) banned in the 1970s are still detected in river water, sediments, and juvenile Chinook salmon. Several pesticides have been detected, including atrazine and simazine, which can affect salmon behavior or act as hormone disruptors. Emerging contaminants, such as hormone disruptors from pharmaceutical and personal care products, have been found in river water and juvenile male salmon. These contaminants may impair salmon growth, health, and reproduction. (4) The Middle and Upper Columbia River Basin includes 1,050 miles of the mainstem Columbia River upstream of the Bonneville Dam, including the 1,040 miles of its largest tributary, the Snake River, and all of the tributaries to both rivers. The Environmental Protection Agency's (EPA's) Columbia River Basin Fish Contaminant Survey detected the presence of 92 priority pollutants, including PCBs, dioxins, furans, arsenic, mercury, and DDE (a breakdown product of DDT), in fish that are consumed by the Confederated Tribes of the Warm Springs, the Confederated Tribes and Bands of the Yakama Nation, the Confederated Tribes of the Umatilla Indian Reservation, and the Nez Perce Tribe, as well as by other people consuming fish throughout the Columbia River Basin. A fish consumption survey by the Columbia River Intertribal Fish Commission showed that tribal members were eating 6 to 11 times more fish than EPA's estimated national average. The nuclear and toxic contamination at the Hanford Nuclear Reservation presents an ongoing risk of contamination in the Middle Columbia Basin. Sampling of sediments by the EPA in 2004 documented widespread presence of toxic flame retardants known as polyrominated diphenyl ethers. (5) Contamination of the Middle and Upper Columbia River Basin has a direct impact on water quality and habitat quality in the Lower Columbia River Estuary. Investments in habitat restoration and toxics reduction in the Middle and Upper Columbia River Basin can have significant benefits for fish and wildlife throughout the entire basin. (6) Together with the Governors of Oregon and Washington, the EPA created the Lower Columbia River Estuary Partnership (Estuary Partnership) in 1995 to provide regional coordination to focus on the lower river, to advance the science of the ecosystem, and to deliver environmental results. The Estuary Partnership was formed within the National Estuary Program and provides a structure for organization and collaboration to implement Federal priorities. The Estuary Partnership includes all key Federal agencies as part of its management and governing structure, including the EPA, the United States Geological Survey (USGS), the National Oceanic and Atmospheric Administration (NOAA), the Army Corps of Engineers, the Forest Service, and tribal, State, and local governments. (7) The Columbia River Basin was designated by the EPA as an ``Estuary of National Significance'' in 1995 and a ``Large Aquatic Ecosystem'' in 2006. (8) The Estuary Partnership has developed an unparalleled 2-State, public and private partnership, including unprecedented collaborative efforts among key Federal partners, including the EPA, the NOAA, the USGS, and the Army Corps of Engineers to advance Federal goals, and the Estuary Partnership and its partners have gathered scientific information and compiled data, and have made significant gains in habitat protection and environmental education. (9) Despite these advances, further degradation exists and contaminants persist in the Columbia River Basin and are impairing the health of fish, wildlife, and humans. Degraded conditions in the river exacerbate the challenges already faced by the 13 species of salmon and steelhead in the Columbia River Basin listed as threatened or endangered under the Endangered Species Act of 1973. (10) The ``Estuary Partnership Comprehensive Conservation and Management Plan'' (1999), the ``Northwest Power and Conservation Council Lower Columbia Province Plan'' (2004, amended 2008), the draft ``NOAA Columbia River Estuary Recovery Module for Salmon and Steelhead'' (2010), the States of Oregon, Idaho, and Washington Recovery Plans, the ``Biological Opinion for the Federal Columbia River Power System (FCRPS)'' (2000, 2004, 2008), and the ``EPA Columbia Basin State of the River Report for Toxics'' (2009) consistently identify habitat loss and toxic contamination as threats to fish and wildlife. SEC. 3. COLUMBIA RIVER. Title I of the Federal Water Pollution Control Act (33 U.S.C. 1251 et seq.) is amended by adding at the end the following: ``SEC. 123. COLUMBIA RIVER. ``(a) Definitions.--In this section, the following definitions apply: ``(1) Action plan.--The term `Action Plan' means the `Columbia River Basin Toxics Reduction Action Plan' developed by the Environmental Protection Agency and the Columbia River Toxics Reduction Working Group in 2010, including any amendments thereto. ``(2) Comprehensive plan.--The term `Comprehensive Plan' means the `Estuary Partnership Comprehensive Conservation and Management Plan' adopted by the Environmental Protection Agency and the Governors of Oregon and Washington on October 20, 1999, under section 320, including any amendments thereto. ``(3) Estuary partnership.--The term `Estuary Partnership' means the Lower Columbia River Estuary Partnership, an entity created by the States of Oregon and Washington and the Environmental Protection Agency under section 320. ``(4) Lower columbia river and estuary.--The term `Lower Columbia River and Estuary' means the region consisting of the lower 146 miles of the Columbia River Basin from the Bonneville Dam to the Pacific Ocean. ``(5) Middle and upper columbia river basin.--The term `Middle and Upper Columbia River Basin' means the region consisting of the United States portion of the Columbia River Basin above Bonneville Dam, including the Snake River (and its tributaries) and other tributaries of the Columbia River. ``(6) Team leader.--The term `Team Leader' means the Team Leader appointed under subsection (b). ``(b) Program Team.-- ``(1) Establishment.--The Administrator shall establish in the Environmental Protection Agency a Columbia River Program Team. The Team shall be located within the Oregon Operations Office for Region 10 of the Environmental Protection Agency. ``(2) Appointment of team leader.--The Administrator shall appoint a Team Leader, who, by reason of management experience and technical expertise relating to the Columbia River Basin, shall be highly qualified to support the development and implementation of projects, programs, and studies necessary to implement the Action Plan. ``(3) Delegation of authority; staffing.--The Administrator shall delegate to the Team Leader such authority and provide such additional staff as may be necessary to carry out this section. ``(c) Duties.-- ``(1) In general.--In carrying out this section, the Administrator, acting through the Team Leader, shall-- ``(A) assist and support the implementation of the Action Plan and the Comprehensive Plan; ``(B) coordinate the implementation of the Action Plan and the Comprehensive Plan, and the development of any updates to those plans, with programs and projects in the Middle and Upper Columbia River Basin; ``(C) make such other updates to the Action Plan and the Comprehensive Plan as the Administrator, in consultation with appropriate Federal agencies, the States of Oregon, Washington, and Idaho, tribal governments, local governments, and other public and private interests in the Columbia River Basin, considers appropriate; ``(D) provide funding and make grants for implementation of the Action Plan and the Comprehensive Plan and projects, programs, and studies consistent with the priorities of the Action Plan and the Comprehensive Plan; ``(E) promote innovative methodologies and technologies that are cost effective and consistent with the identified goals and objectives of the Action Plan and the Comprehensive Plan and the permitting processes of the Environmental Protection Agency; ``(F) coordinate the major functions of the Federal Government related to the implementation of the Action Plan and the Comprehensive Plan, including projects, programs, and studies for-- ``(i) water quality improvements; ``(ii) toxics reduction and monitoring; ``(iii) wetland, riverine, and estuary restoration and protection; ``(iv) nearshore and endangered species recovery; and ``(v) stewardship and environmental education; ``(G) coordinate the research and planning projects authorized under this section with Federal agencies, State agencies, tribal governments, universities, and the Estuary Partnership, including conducting or commissioning studies considered necessary for strengthened implementation of the Action Plan and the Comprehensive Plan; ``(H) track progress toward meeting the identified goals and objectives of the Action Plan and the Comprehensive Plan by-- ``(i) implementing and supporting a project, program, and monitoring system consistent with performance-based ecosystem standards and management; and ``(ii) coordinating, managing, and reporting environmental data related to the Action Plan and the Comprehensive Plan in a manner consistent with methodologies utilized by the Estuary Partnership, including making such data and reports on such data available to the public, including on the Internet, in a timely fashion; and ``(I) collect and make available to the public, including on the Internet, publications and other forms of information relating to the environmental quality of the Lower Columbia River and Estuary. ``(2) Implementation methods.--The Administrator, acting through the Team Leader, may enter into interagency agreements, make intergovernmental personnel appointments, provide funding, make grants, and utilize other available methods in carrying out the duties under this subsection. ``(d) Report.--Not later than one year after the date of enactment of this section, and biennially thereafter, the Administrator shall submit to Congress a report that-- ``(1) summarizes the progress made in implementing the Action Plan and the Comprehensive Plan and the progress made toward achieving the identified goals and objectives described in such plans; ``(2) summarizes any modifications to the Action Plan and the Comprehensive Plan made in the period immediately preceding the report; ``(3) incorporates specific recommendations concerning the implementation of the Action Plan and the Comprehensive Plan; and ``(4) summarizes the roles and progress of each Federal agency that has jurisdiction in the Columbia River Basin toward meeting the identified goals and objectives of the Action Plan and the Comprehensive Plan. ``(e) Implementation of Action Plan and Comprehensive Plan.-- ``(1) In general.--The Administrator, acting through the Team Leader and in consultation with the Estuary Partnership, shall carry out projects, programs, and studies to implement the Action Plan and the Comprehensive Plan. ``(2) Priority projects, programs, and studies.--The Administrator may give special emphasis to projects, programs, and studies that are identified as priorities by the Estuary Partnership in the Action Plan and the Comprehensive Plan. ``(3) Grants.-- ``(A) In general.--The Administrator, acting through the Team Leader, is authorized to make grants for projects, programs, and studies to implement the Action Plan and the Comprehensive Plan. ``(B) Allocations.--In making grants using funds appropriated to carry out this paragraph for a fiscal year, the Administrator, acting through the Team Leader, shall use-- ``(i) not less than 40 percent of the funds to make a comprehensive grant to the Estuary Partnership to manage implementation of the Comprehensive Plan; ``(ii) not less than 50 percent of the funds to make grants, as allocated by the Team Leader, for projects, programs and studies prioritized in the Action Plan throughout the Columbia River Basin, and for other coordinated projects, programs, and studies in the Middle and Upper Columbia River Basin; and ``(iii) not more than 5 percent of the funds for project management, administration, and reporting. ``(4) Federal share.--The Federal share of the costs for which a grant is made under this section shall be 75 percent, except that the Administrator may increase the Federal share in such circumstances as the Administrator determines appropriate. ``(f) Annual Budget Plan.--The President, as part of the President's annual budget submission to Congress under section 1105(a) of title 31, United States Code, shall submit information regarding each Federal agency involved in protection and restoration of the Columbia River Basin, including-- ``(1) an interagency crosscut budget that displays for each Federal agency-- ``(A) the amounts obligated in the preceding fiscal year for protection and restoration projects, programs, and studies relating to the Columbia River Basin; ``(B) the estimated budget for the current fiscal year for protection and restoration projects, programs, and studies relating to the Columbia River Basin; and ``(C) the proposed budget for protection and restoration projects, programs, and studies relating to the Columbia River Basin; and ``(2) a description and assessment of the Federal role in the development and implementation of the Action Plan and the Comprehensive Plan and the specific role of each Federal agency involved in protection and restoration of the Columbia River Basin, including specific projects, programs, and studies conducted or planned to achieve the identified goals and objectives of the Action Plan and the Comprehensive Plan. ``(g) Authorization of Appropriations.--There is authorized to be appropriated to the Administrator to carry out this section $40,000,000 for each of fiscal years 2011 through 2016. Such sums shall remain available until expended.''.

Summary: Columbia River Restoration Act of 2010 - Amends the Federal Water Pollution Control Act to direct the Administrator of the Environmental Protection Agency (EPA) to: (1) establish within EPA a Columbia River Program Team, located within the Oregon Operations Office for EPA's Region 10; and (2) appoint a Team Leader who shall be highly qualified to support the development and implementation of projects, programs, and studies necessary to implement the Columbia River Basin Toxics Reduction Action Plan developed by EPA and the Columbia River Toxics Reduction Working Group in 2010. Directs the Administrator, acting through the Team Leader, to: (1) assist and support the implementation of the Action Plan and the Estuary Partnership Comprehensive Conservation and Management Plan adopted by EPA and the Governors of Oregon and Washington on October 20, 1999; (2) coordinate the implementation of, and the development of any updates to, those Plans, with programs and projects in the Middle and Upper Columbia River Basin; (3) make other appropriate updates; (4) provide funding and make grants for implementation consistent with Plan priorities; (5) promote innovative methodologies and technologies that are cost effective and consistent with Plan goals and objectives and EPA's permitting processes; (6) coordinate the major functions of the federal government related to Plan implementation; (7) coordinate authorized research and planning projects; (8) track progress toward meeting Plan goals and objectives; and (9) collect and make available to the public information regarding the environmental quality of the Lower Columbia River and Estuary. Requires the Administrator, through the Team Leader, to carry out projects, programs, and studies to implement the Plans. Authorizes the Administrator to give special emphasis to those projects, programs, and studies identified as priorities by the Estuary Partnership in the Plans. Authorizes the Administrator, through the Team Leader, to make grants to implement the Plans. Sets forth requirements regarding grant allocations and the federal share of costs. Directs the President, as part of his annual budget submission to Congress, to submit information regarding each federal agency involved in protection and restoration of the Columbia River Basin.


SECTION 1. SHORT TITLE; AMENDMENT OF 1986 CODE. (a) Short Title.--This Act may be cited as the ``Alternative Minimum Tax Repeal Act of 1995''. (b) Amendment of 1986 Code.--Except as otherwise expressly provided, whenever in this Act an amendment or repeal is expressed in terms of an amendment to, or repeal of, a section or other provision, the reference shall be considered to be made to a section or other provision of the Internal Revenue Code of 1986. SEC. 2. ALTERNATIVE MINIMUM TAX. (a) In General.--Part VI of subchapter A of chapter 1 of the Internal Revenue Code of 1986 (relating to alternative minimum tax) is hereby repealed. (b) Conforming Amendments.-- (1) Subparagraph (B) of section 1(g)(7) (relating to election to claim certain unearned income of child on parent's return) is amended-- (A) by inserting ``and'' at the end of clause (i), (B) by striking ``and'' and the end of clause (ii) and inserting a period, and (C) by striking clause (iii). (2) Subsection (d) of section 2 (relating to taxes imposed on nonresident aliens) is amended by striking ``sections 1 and 55'' and inserting ``section 1''. (3) Subsection (a) of section 5 (relating to cross references relating to tax on individuals) is amended by striking paragraph (4). (4) Subsection (d) of section 11 (relating to taxes imposed on foreign corporations) is amended by striking ``the taxes imposed by subsection (a) and section 55'' and inserting ``the tax imposed by subsection (a)''. (5) Section 12 (relating to cross references relating to tax on corporations) is amended by striking paragraph (7). (6) Section 26 (relating to limitation based on tax liability; definition of tax liability) is amended-- (A) by amending subsection (a) to read as follows: ``(a) Limitation Based on Amount of Tax.--The aggregate amount of credits allowed by this subpart for the taxable year shall not exceed the taxpayer's regular tax liability for the taxable year.'', (B) in subsection (b)(2), by striking subparagraph (A) and by redesignating subparagraphs (B) through (N) as subparagraphs (A) through (M), respectively, and (C) by striking subsection (c). (7) Paragraph (3) of section 30(b) (relating to credit for qualified electric vehicles) is amended by striking ``the excess'' and all that follows and inserting ``the regular tax for the taxable year reduced by the sum of the credits allowable under subpart A and sections 27, 28, and 29.'' (8) Subsection (h) of section 32 (relating to reduction of credit to taxpayers subject to alternative minimum tax) is hereby repealed. (9) Subsection (c) of section 38 (relating to business related credits) is amended-- (A) by striking paragraphs (1) and (2) and inserting the following new paragraph: ``(1) In general.--The credit allowed under subsection (a) for any taxable year shall not exceed 25 percent of so much of the taxpayer's net regular tax liability as exceeds $25,000. For purposes of the preceding sentence, the term `net regular tax liability' means the regular tax liability reduced by the sum of the credits allowable under subparts A and B of this part.'', and (B) by redesignating paragraph (3) as paragraph (2). (10) Subsection (c) of section 53 is amended by striking ``the excess'' and all that follows and inserting ``the regular tax liability of the taxpayer for such taxable year reduced by the sum of the credits allowable under subparts A, B, D, E, and F of this part.'' (11) Subsection (b) of section 59A (relating to environmental tax) is amended by adding at the end the following: ``For purposes of this subsection, references to sections 55 and 56 shall be treated as references to such sections as in effect on the day before the date of the enactment of the Alternative Minimum Tax Repeal Act of 1995.''. (12)(A) Paragraph (2) of section 148(b) is amended by adding at the end the following new flush sentence: ``Such term shall not include any tax-exempt bond.'' (B) Paragraph (3) of section 148(b) (relating to higher yield investments) is hereby repealed. (13) Subparagraph (B) of section 149(g)(3) (relating to hedge bonds) is amended by striking all that follows ``invested in bonds'' and inserting ``the interest on which is not includible in gross income under section 103.'' (14) Section 173 (relating to circulation expenditures) is amended by striking ``(a) General Rule.--'' and by striking subsection (b). (15) Subsection (f) of section 174 (relating to research and experimental expenditures) is amended to read as follows: ``(f) Cross Reference.-- ``For adjustments to basis of property for amounts allowed as deductions as deferred expenses under subsection (b), see section 1016(a)(14).'' (16) Subsection (c) of section 263 (relating to capital expenditures) is amended by striking ``59(e) or''. (17) Subsection (c) of section 263A (relating to capitalization and inclusion in inventory costs of certain expenses) is amended by striking paragraph (6). (18) Section 382(l) (relating to net operating loss carryforwards and certain built-in losses following ownership change) is amended by striking paragraph (7). (19) Section 443 (relating to adjustment in computing minimum tax and tax preferences) is amended by striking subsection (d) and by redesignating subsection (e) as subsection (d). (20) Section 617 (relating to deduction and recapture of certain mining exploration expenditures) is amended by striking subsection (i). (21) Subsections (b) and (c) of section 666 (relating to accumulation distribution of trust allocated to preceding years) are each amended by striking ``(other than the tax imposed by section 55)''. (22) Section 847 (relating to special estimated tax payments) is amended-- (A) in paragraph (9), by striking the last sentence; (B) in paragraph (10), by inserting ``and'' at the end of subparagraph (A) and by striking subparagraph (B) and redesignating subparagraph (C) as subparagraph (B). (23) Section 848 (relating to capitalization of certain policy acquisition expenses) is amended by striking subsection (i) and by redesignating subsection (j) as subsection (i). (24) Paragraph (1) of section 871(b) (relating to tax on nonresident alien individuals) is amended by striking ``, 55,''. (25) Subsection (b) of section 877 (relating to expatriation to avoid tax) is amended by striking ``, 55,''. (26) Paragraph (1) of section 882(a) is amended by striking ``55,''. (27) Subsection (a) of section 897 (relating to disposition of investment in United States real property) is amended to read as follows: ``(a) Treatment as Effectively Connected With United States Trade or Business.--For purposes of this title, gain or loss of a nonresident alien individual or a foreign corporation from the disposition of a United States real property interest shall be taken into account-- ``(1) in the case of a nonresident alien individual, under section 871(b)(1), or ``(2) in the case of a foreign corporation, under section 8872(a)(1), as if the taxpayer were engaged in a trade or business within the United States during the taxable year and as if such gain or loss were effectively connected with such trade or business.'' (28) Subsection (j) of section 904 (relating to limitation on credit) is amended to read as follows: ``(j) Cross Reference.-- ``For increase of limitation under subsection (a) for taxes paid with respect to amounts received which were included in the gross income of the taxpayer for a prior taxable year as a United States shareholder with respect to a controlled foreign corporation, see section 960(b).'' (29) Paragraph (1) of section 962(a) (relating to election by individuals to be subject to tax at corporate rates) is amended-- (A) by striking ``sections 1 and 55'' and inserting ``section 1'', and (B) by striking ``sections 11 and 55'' and inserting ``section 11''. (30) Paragraph (20) of section 1016(a) (relating to adjustments to basis) is amended by inserting ``, as in effect on the day before the date of the enactment of the Alternative Minimum Tax Repeal Act of 1995'' after ``preferences)''. (31) Subsection (a) of section 1561 (relating to limitations on certain multiple tax benefits in the case of certain controlled corporations) is amended by striking the last sentence. (32) Subparagraph (A) of section 6425(c)(1) (defining income tax liability) is amended-- (A) by inserting ``plus'' at the end of clause (i), and (B) by striking clause (ii) and by redesignating clause (iii) as clause (ii). (33) Section 6654(d)(2) (relating to failure by individual to pay estimated income tax) is amended-- (A) in clause (i) of subparagraph (B), by striking ``, alternative minimum taxable income,'', and (B) in clause (i) of subparagraph (C), by striking ``, alternative minimum taxable income,''. (34) Subparagraph (C) of section 6662(e)(3) (relating to accuracy-related penalty) is amended by inserting ``, as in effect on the day before the date of the enactment of the Alternative Minimum Tax Repeal Act of 1995'' after ``55(c)''. (c) Clerical Amendments.--The table of parts for subchapter A of chapter 1 is amended by striking the item relating to part VI. (d) Effective Date.--The amendments made by this section shall take effect in taxable years beginning after December 31, 1994.

Summary: Alternative Minimum Tax Repeal Act of 1995 - Amends the Internal Revenue Code to repeal the alternative minimum tax.


SECTION 1. SHORT TITLE. This Act may be cited as the ``United States-Panama Security Act of 1997''. SEC. 2. FINDINGS. The Congress finds the following: (1) The United States secured the independence of the Republic of Panama, built the Panama Canal at considerable cost in blood and treasure, and has provided for its management, operations, maintenance, improvement, and defense throughout the 20th century, providing a vital service to the peaceful commerce of all nations as well as substantial returns to the national interests of both the United States and Panama. (2) The Panama Canal continues to play a vital role both in international trade and in the national security of the United States, reducing the distance by sea between New York and San Francisco by some 8,000 miles, contributing critical strategic mobility to naval forces of the United States and substantial savings to maritime commerce. (3) Absent any new base-rights agreement between the United States Government and the Government of the Republic of Panama allowing for a post-2000 United States military presence, United States forces in Panama will be reduced to zero by December 31, 1999, calling into question the ability of the United States to continue to protect its interests in the area. (4) The Roosevelt Corollary to the Monroe Doctrine proclaimed in 1904 that it was a national security concern of the United States when foreign powers attempted to use public or private investment as a vehicle for the expansion of political and military influence in the Western Hemisphere. (5) The recent grant to Hutchison Whampoa, a Chinese firm with ties to the Government of the People's Republic of China, of management control of the Panamanian ports of Balboa and San Cristobal, located at either end of the Panama Canal, has raised the specter of the expansion of Chinese political influence in Panama--a situation aggravated by unanswered questions concerning the methods used by the Chinese firm to win its bids. (6) In addition, Article V of the Treaty Concerning the Permanent Neutrality and Operation of the Panama Canal, states that only the Republic of Panama shall maintain military forces, defense sites, and military installations in its national territory after December 31, 1999. SEC. 3. LIMITATION ON ASSISTANCE TO THE REPUBLIC OF PANAMA IF FORMER UNITED STATES MILITARY FACILITIES IN THE REPUBLIC OF PANAMA ARE CONVEYED TO ANY FOREIGN GOVERNMENT-OWNED ENTITY. (a) Limitation on United States Assistance.--United States assistance may not be provided to the Republic of Panama for any period of time beginning after the date of the enactment of this Act during which a defense site or military installation, that is located within the territory of the Republic of Panama and that was at any time part of a defense site or military installation built or formerly operated by the United States, has been conveyed by the Government of the Republic of Panama to any foreign government-owned entity. (b) Opposition to Assistance From International Financial Institutions.--The President shall instruct the United States representative to each international financial institution to which the United States is a member to use the voice and vote of the United States to oppose any loans or other forms of assistance from that institution to the Republic of Panama for any period of time during which the Government of the Republic of Panama is in violation of the requirements of subsection (a). SEC. 4. REPORTING REQUIREMENTS. (a) Report by the President.--Not later than 60 days after the date of the enactment of this Act, the President shall prepare and transmit to the Congress a report containing a description of how Hutchison Whampoa, a Chinese firm with ties to the Government of the People's Republic of China, was selected to receive a grant for management control of the Panamanian ports of Balboa and San Cristobal, located at either end of the Panama Canal, including whether or not the United States Government-- (1) had any information concerning the bid by Hutchison Whampoa to receive such grant; (2) provided adequate support to bids by United States firms for such grant; and (3) had any knowledge of ties that exist between Hutchison Whampoa and the Government of the People's Republic of China. (b) Report by the Secretary of Defense.--Not later than 60 days after the date of the enactment of this Act, the Secretary of Defense shall prepare and submit to the Congress a report containing-- (1) a description of the extent to which the control of the ports San Cristobal and Balboa in the Republic of Panama by Hutchison Whampoa, a Chinese firm with ties to the Government of the People's Republic of China, poses a threat to the security of the United States; and (2) a description of how the strategic interests of the United States with respect to the Panama Canal will continue to be protected after the Government of the Republic of Panama assumes sole responsibility for the defense of the Canal and becomes the only entity entitled to have military forces, defense sites, or military installations in Panama after December 31, 1999. (c) Reports by the Director of Central Intelligence.--Not later than March 31 of each year, the Director of Central Intelligence, in cooperation with the heads of other appropriate Federal agencies, including the Director of the National Security Agency, the Director of the Federal Bureau of Investigation, the Secretary of Defense, the Secretary of the Treasury, the Secretary of Commerce and the Secretary of State, shall prepare and submit to the Congress a report, in both classified and unclassified form, on the intelligence activities of the People's Republic of China against or affecting United States interests in the Republic of Panama, including a description of-- (1) the extent of political, military, and economic espionage by the People's Republic of China; (2) the extent of intelligence activities by the People's Republic of China designed to gain political influence; (3) efforts by the People's Republic of China to gain direct or indirect influence through commercial or noncommercial intermediaries subject to control by the People's Republic of China, including enterprises controlled by the People's Liberation Army; and (4) disinformation or press manipulation directed against the United States. (d) Report by the Director of the Office of National Drug Control Policy.--Not later than 60 days after the date of the enactment of this Act, the Director of the Office of National Drug Control Policy shall prepare and submit to the Congress a report on the utility of maintaining a military presence in the Republic of Panama for interdicting illegal drugs. SEC. 5. RENEGOTIATION OF THE PANAMA CANAL TREATY. (a) Renegotiation of Existing Treaties; Negotiation of New Treaty.--The President is authorized and directed to confer with the Government of the Republic of Panama to renegotiate the terms of the Panama Canal Treaty and the Treaty Concerning the Neutrality and Operation of the Panama Canal, or to negotiate a new agreement to supersede the such Treaties, for the purpose of providing for the security of the Canal into the 21st Century. (b) Sense of the Congress.--It is the sense of the Congress that any negotiations conducted under subsection (a) should include the following: (1) A ban on foreign government investment in, or management of, the Panama Canal and related projects or other infrastructure projects related to transit across the isthmus of Panama or through Panamanian territory. (2) The right to a continuing United States military presence in Panama to actively cooperate with Panama in the defense of the Panama Canal. (3) A continuing United States presence in Panama to actively cooperate with Panama in the interdiction and eradication of illegal drug trafficking through the territory of Panama or adjacent areas. (4) The right to control or prohibit the use of the Panama Canal by hostile powers, terrorist states, or criminal groups, by redefining the terms of the 1977 Treaty Concerning the Neutrality and Operation of the Panama Canal to apply only to its peaceful, non-belligerent use by states or entities other than the United States and Panama. SEC. 6. DEFINITIONS. As used in this Act: (1) Panama canal treaty.--The term ``Panama Canal Treaty'' means the Panama Canal Treaty between the United States and the Republic of Panama, signed at Washington on September 7, 1977 (33 UST 39). (2) Treaty concerning the permanent neutrality and operation of the panama canal.--The term ``Treaty Concerning the Permanent Neutrality and Operation of the Panama Canal'' means the Treaty Concerning the Permanent Neutrality and Operation of the Panama Canal between the United States and the Republic of Panama, signed at Washington on September 7, 1977 (33 UST 1). (3) United states assistance.--The term ``United States assistance means-- (A) assistance under part I of the Foreign Assistance Act of 1961 (22 U.S.C. 2151 et seq.)(including programs under title IV of chapter 2 of such part; relating to the Overseas Private Investment Corporation), except that such term does not include humanitarian assistance; (B) assistance under chapter 2 of part II of the Foreign Assistance Act of 1961 (22 U.S.C. 2311 et seq.; relating to military assistance), including the transfer of excess defense articles under section 516 of such Act; (C) assistance under chapter 5 of part II of the Foreign Assistance Act of 1961 (22 U.S.C. 2347 et seq.; relating to international military education and training); (D) assistance under the ``Foreign Military Financing Program'' under section 23 of the Arms Export Control Act (22 U.S.C. 2763); (E) the transfer of defense articles, defense services, or defense and construction services under Arms Export Control Act (22 U.S.C. 2751 et seq.), including defense articles and defense services licensed or approved for export under section 38 of such Act; or (F) financing under the Export-Import Bank Act of 1945.

Summary: United States-Panama Security Act of 1997 - Bars U.S. assistance to Panama during any period in which a defense site or military installation located in Panama that was at any time part of a site or installation built or formerly operated by the United States has been conveyed by the Government of Panama to any foreign government-owned entity. Directs the President to instruct the U.S. representatives to the international financial institutions to oppose any loans or other assistance to Panama during any such period. Requires the President to report to the Congress on how Hutchison Whampoa, a Chinese firm with ties to the Chinese Government, was selected to receive a grant for management control of the Panamanian ports of Balboa and San Cristobal. Directs the Secretary of Defense to report to the Congress on: (1) the extent to which the control of such ports by such firm poses a threat to U.S. security; and (2) how U.S. strategic interests with respect to the Panama Canal will continue to be protected after the Government of Panama assumes sole responsibility for the defense of the Canal and becomes the only entity entitled to have military forces, defense sites, or military installations in Panama after December 31, 1999. Requires: (1) the Director of Central Intelligence to report annually to the Congress on the intelligence activities of China against or affecting U.S. interests in Panama; and (2) the Director of the Office of National Drug Control Policy to report to the Congress on the utility of maintaining a military presence in Panama for interdicting illegal drugs. Authorizes and directs the President to confer with the Government of Panama to renegotiate the terms of the Panama Canal Treaty and the Treaty Concerning the Neutrality and Operation of the Panama Canal or to negotiate a new agreement to supersede such treaties. Expresses the sense of the Congress that any negotiations should include: (1) a ban on foreign government investment in or management of the Canal and related projects; (2) the right to a continued U.S. military presence in Panama and a continued presence to interdict and eradicate illegal drug trafficking through Panama; and (3) the right to control or prohibit the use of the Canal by hostile powers, terrorist states, or criminal groups by redefining the terms of the 1977 Treaty Concerning the Neutrality and Operation of the Panama Canal.