3.0.0 3793 2017-12-13T22:29:04Z 2023-01-10T03:04:19Z Senate S S 2010-09-16 111 2010-09-20 Senate Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 572. Calendars 2010-09-16 Senate Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time. Calendars 2010-09-16 Introduced in Senate IntroReferral 10000 9 Library of Congress B000243 Sen. Baucus, Max [D-MT] MAX BAUCUS D MT SIEBEN N 2010-09-27T04:00:00Z S. 3793, Job Creation and Tax Cuts Act of 2010 http://www.cbo.gov/publication/21850 <p>Cost estimate for the bill as introduced on September 16, 2010</p> 2010-09-27T04:00:00Z S. 3793, Job Creation and Tax Cuts Act of 2010 https://www.cbo.gov/publication/21850 Cost estimate for the bill as introduced on September 16, 2010 Taxation Adoption and foster care Agricultural prices, subsidies, credit Alternative and renewable resources American Samoa Appropriations Books and print media Budget deficits and national debt Business investment and capital Capital gains tax Child health Coal Computers and information technology Congressional oversight Corporate finance and management Department of Agriculture Disability and paralysis Disaster relief and insurance District of Columbia Economic development Electric power generation and transmission Elementary and secondary education Employee benefits and pensions Energy efficiency and conservation Financial services and investments Food assistance and relief Food industry and services Foreign and international corporations Forests, forestry, trees Government lending and loan guarantees Government liability Government trust funds Health care costs and insurance Health care coverage and access Home and outpatient care Hospital care Housing finance and home ownership Hybrid, electric, and advanced technology vehicles Income tax credits Income tax deductions Income tax rates Indian social and development programs Infrastructure development Interest, dividends, interest rates Long-term, rehabilitative, and terminal care Louisiana Low- and moderate-income housing Manufacturing Marine pollution Medicaid Medical tests and diagnostic methods Medicare Military medicine Mining Minority and disadvantaged businesses Mississippi Motor fuels Motor vehicles New York City Nursing Oil and gas Pollution liability Poverty and welfare assistance Prescription drugs Public utilities and utility rates Puerto Rico Racial and ethnic relations Railroads Real estate business Research and development Residential rehabilitation and home repair Roads and highways Rural conditions and development Sales and excise taxes Securities Social work, volunteer service, charitable organizations Solid waste and recycling Sports and recreation facilities State and local courts State and local taxation Student aid and college costs Tariffs Teaching, teachers, curricula Television and film Trade adjustment assistance Transportation programs funding U.S. and foreign investments Unemployment User charges and fees Virgin Islands Wages and earnings Water use and supply Worker safety and health Youth employment and child labor Taxation 00 2010-09-16 Introduced in Senate 2010-10-27T14:18:43Z Job Creation and Tax Cuts Act of 2010 - Amends the Internal Revenue Code to extend expiring tax expenditure provisions relating to infrastructure financing, energy, individuals, housing, businesses, health care, and disaster relief. Requires a report to Congress on each tax expenditure extended by this Act.

Makes technical corrections and other amendments to laws relating to pension funding.

Sets forth tax rules for the treatment of partnership interests transferred in connection with the performance of services. Treats as ordinary income or loss net income or loss from an investment services partnership interest.

Extends through 2020 the Oil Spill Liability Trust Fund financing rate and increases such rate to 78 cents a barrel. Increases from $1 billion to $5 billion the per incident limitation on expenditures from such Trust Fund. Denies a tax deduction for the payment of punitive damages. Includes in taxpayer gross income punitive damages paid by an insurer.

Amends the Public Health Service Act, the Social Security Act, and other statutes relating to health care assistance to individuals.

Provides additional funding for: (1) grants to states for youth activities, including summer employment; and (2) the Housing Trust Fund for low-income housing programs.

Individual Indian Money Account Litigation Settlement Act of 2010 - Authorizes, ratifies, and confirms the Class Action Settlement Agreement dated December 7, 2009, in the case entitled Elouise Cobell et al. v. Ken Salazar. Establishes in the Treasury the Trust Land Consolidation Fund and the Indian Education Scholarship Holding Fund to carry out terms of the Settlement Agreement.

Appropriates funds to the Department of Agriculture to carry out the terms of a settlement agreement to resolve claims raised in the cases consolidated in In re Black Farmers Discrimination Litigation, including Pigford claims (relating to a racial discrimination action against the Department of Agriculture).

Amends the Surface Transportation Extension Act of 2010 to authorize expenditures from the Highway Trust Fund for allocations of infrastructure funding to states.

Amends the Harmonized Tariff Schedule of the United States to extend through 2013 duty suspensions on certain cotton fabrics. Authorizes transfers from the Treasury to restore payment levels from the Wool Apparel Manufacturers Trust Fund.

Trade Adjustment Assistance Extension Act of 2010 - Amends the Trade and Globalization Adjustment Assistance Act of 2009 to extend through 2012 trade adjustment assistance programs.

Extends through FY2011, and makes appropriations for, activities authorized by part A of title IV (Temporary Assistance to Needy Families) (TANF) of the Social Security Act (SSA), other than the Emergency Contingency Fund for State Temporary Assistance for Needy Families Programs, in the manner authorized for FY2010, subject to the amendments made by this Act. Increases and extends through FY2011 grant funding to state courts to assess and improve handling of proceedings relating to foster care and adoption.

Amends Internal Revenue Code provisions relating to unemployment compensation program integrity.

Extends: (1) through December 31, 2019, fees for customs services in connection with processing of merchandise; and (2) through September 30, 2019, fees for custom services in connection with commercial vehicles.

Foreign-Held Debt Transparency and Threat Assessment Act - Requires: (1) the President to report to Congress quarterly on the risks posed by foreign holdings of debt instruments of the United States; (2) the Secretary of the Treasury to report annually on such risks; and (3) the Comptroller General to report annually on risks to the United States posed by the federal debt. Requires the President to formulate and implement a plan of action to reduce the risk posed by foreign holdings of debt instruments to U.S. long-term national security or economic stability.

Establishes in the Department of the Treasury the Office of the Homeowner Advocate to assist homeowners, housing counselors, and housing lawyers in resolving problems with the Home Affordable Modification Program.

Provides for compliance of the budgetary effects of this Act with the Statutory Pay-As-You-Go Act of 2010.

]]> Job Creation and Tax Cuts Act of 2010 Short Titles as Introduced Job Creation and Tax Cuts Act of 2010 Short Titles as Introduced for portions of this bill Foreign-Held Debt Transparency and Threat Assessment Act Short Titles as Introduced for portions of this bill Trade Adjustment Assistance Extension Act of 2010 Short Titles as Introduced for portions of this bill Individual Indian Money Account Litigation Settlement Act of 2010 Display Title Job Creation and Tax Cuts Act of 2010 Official Title as Introduced A bill to extend expiring provisions and for other purposes. Placed on Calendar Senate 2010-09-20T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111s3793pcs/xml/BILLS-111s3793pcs.xml 2010-09-20 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 572. 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.