3.0.0 2767 2023-01-14T22:48:25Z 2023-01-14T22:48:25Z Senate S S 2004-07-22 108 ssfi00 Finance Committee Senate Standing Referred to 2004-07-23T01:14:17Z 2004-07-22 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2004-07-22 Sponsor introductory remarks on measure. (CR S8755-8757) IntroReferral B00100 9 Library of Congress 2004-07-22 Introduced in Senate IntroReferral 10000 9 Library of Congress S000709 Sen. Specter, Arlen [R-PA] ARLEN SPECTER R PA N Commerce Accounting Administrative procedure Agricultural industries Agriculture and Food Authorization Automobiles Barber and beauty shops Chambers of commerce Civil Rights and Liberties, Minority Issues Construction industries Consultants Cooperative societies Corporation taxes Day care Dentists Department of Labor Depreciation and amortization Discrimination in insurance Discrimination in medical care Economic assistance Economic development Economics and Public Finance Employee health benefits Families Federal-state relations Finance and Financial Sector Financial services Fishing boats Food service Foreign Trade and International Finance Foreign trade promotion Freight Government Operations and Politics Health Health insurance Housing and Community Development Income tax Injunctions Insurance agents Insurance premiums International Affairs Labor and Employment Labor unions Law Logging Medical laboratories Metal trade Mines and mineral resources Pest control Physicians Public Lands and Natural Resources Research and development Retail trade Science, Technology, Communications Self-insurance Small business Storage Tax credits Tax deductions Taxation Telephone Theater Trade and Development Agency Transportation and Public Works Wholesale trade Commerce 00 2004-07-22 Introduced in Senate 2004-11-15T14:39:33Z Small Business Economic Stimulus Act of 2004 - Amends the Internal Revenue Code to extend: (1) permanently, the research and development tax credit; (2) a bonus depreciation; and (3) an increased limitation for expensing depreciable business assets.

Authorizes appropriations to the Department of Commerce for the Office of Export Trading Company Affairs to carry out the Export Trading Company Act of 1982.

Amends the Foreign Assistance Act of 1961 to increase the amount of the annual authorization of appropriations for the U.S. Trade and Development Agency.

Small Business Health Fairness Act of 2004 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to revise provisions relating to access and choice for small business employers with respect to medical care for their employees.

Establishes rules governing association health plans (group health plans whose sponsors are trade, industry, professional, chamber of commerce, or similar business associations), including requirements relating to certification, sponsors and boards of trustees, participation, coverage, plan documents, contribution rates, benefit options, applications for certification, notice for voluntary termination, corrective actions, and mandatory termination.

Requires association health plans which provide health benefits in addition to health insurance coverage to maintain certain reserves and comply with other solvency requirements. Directs the Secretary of Labor to apply for appointment, and carry out specified duties, as trustee of any such insolvent association health plans which provide health benefits in addition to health insurance coverage.

Allows a State to impose a contribution tax on any association health plan commencing operations in such State after the enactment of this Act.

Requires association health plans to include in their summary plan descriptions, in connection with each benefit option, a description of the form of any solvency or guarantee fund protection secured under ERISA or applicable State law.

Revises requirements relating to treatment of: (1) single employer arrangements; and (2) certain collectively bargained arrangements.

]]> Small Business Economic Stimulus Act of 2004 Display Title Small Business Economic Stimulus Act of 2004 Official Title as Introduced A bill to provide an economic stimulus. Introduced in Senate IS Short Titles as Introduced Small Business Economic Stimulus Act of 2004 Short Titles as Introduced for portions of this bill Small Business Health Fairness Act of 2004 Introduced in Senate 2004-07-22T04:00:00Z 2004-07-22 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.