112 S361 IS: Seven Point Plan for Growing Jobs Act
U.S. Senate
2011-02-16
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.
1.Short
title; table of contents
(a)This Act may be cited
as the Seven Point Plan for Growing
Jobs Act
.
(b)The table of contents for this Act is as follows:
Sec. 1. Short title; table of
contents.
TITLE I—Job training and workforce development
Sec. 101. Manufacturing Job Training National
Program.
Sec. 102. Workforce development and economic assistance to BRAC
communities.
Sec. 103. Department of Labor Efficiency Report.
TITLE II—Deep offshore wind energy research, development,
demonstration, and commercial application
Sec. 201. Definitions.
Sec. 202. Offshore wind energy research and deployment
program.
Sec. 203. National offshore wind energy research, development,
and demonstration centers.
Sec. 204. Authorization of appropriations.
TITLE III—Small business tax relief
Sec. 301. Temporary employer payroll tax cut.
Sec. 302. 15-year straight-line cost recovery for qualified
leasehold improvements, qualified restaurant buildings and improvements,
qualified retail improvements, and other nonresidential real property and
residential rental property.
Sec. 303. Repeal of sunset on increased limitations on, and on
expansion of, small business expensing.
Sec. 304. Repeal of expansion of information reporting
requirements.
Sec. 305. Extension and modification of research
credit.
TITLE IV—Regulatory reform
Sec. 401. Regulatory reform.
Sec. 402. Reduction or waiver of civil penalties imposed on
small entities.
TITLE V—Interstate highway vehicle weight limits
Sec. 501. Interstate highway vehicle weight limits in Maine and
Vermont.
TITLE VI—Ethanol subsidies repeal
Sec. 601. Elimination of tax subsidies for ethanol
fuel.
Sec. 602. Removal of tariffs on ethanol.
TITLE VII—Spending limitations
Sec. 701. Discretionary spending limits.
Sec. 702. Adjusted gross income limitation for recipients of
farm subsidies.
<enum>I</enum><header>Job
training and workforce development</header>
<section id="IDf8c8c352864d4d638348c24b7f77db72"><enum>101.</enum><header>Manufacturing
Job Training National Program</header>
<subsection id="ID14064b743af14dcba06468183f9ea8e0"><enum>(a)</enum><header>Program</header><text>Subtitle
D of title I of the Workforce Investment Act of 1998 is amended by inserting
after section 173A (<external-xref legal-doc="usc" parsable-cite="usc/29/2918a">29 U.S.C. 2918a</external-xref>) the following:</text>
<quoted-block display-inline="no-display-inline" id="idCA356E71D35F481EA307850871A6310A" style="OLC">
<section id="id4E1D693D1CAB4482BFC7F53E8E11B1E9"><enum>173B.</enum><header>Manufacturing
job training National Program</header>
<subsection id="id4EDE9F498FE14D5C98CD9F6C61F01C4E"><enum>(a)</enum><header>Purpose</header><text>The
purpose of this section is to support programs of employment and training
activities for manufacturing-related jobs, in order—</text>
<paragraph id="id8BD840795E42474C82DB5EE082E57D50"><enum>(1)</enum><text>to enable
participants to develop skills that are readily applicable to
manufacturing;</text>
</paragraph><paragraph id="id110403A93B4E423898EEB70D3B731094"><enum>(2)</enum><text>to develop a
workforce with the skills necessary to obtain employment;</text>
</paragraph><paragraph id="idB2876022E5AD4D48BD2153F2A794FC8E"><enum>(3)</enum><text>to make such
participants more competitive in the workforce;</text>
</paragraph><paragraph id="idAA7F52DCE741488FBDB3C8D17272BF51"><enum>(4)</enum><text>to encourage
individuals to develop skills and continue to advance professionally within
manufacturing fields; and</text>
</paragraph><paragraph id="idFC16E3B057424AFDBB0CA984F399FE14"><enum>(5)</enum><text>to ensure that
programs of employment and training activities are meeting the needs of the
manufacturers.</text>
</paragraph></subsection><subsection id="ID7bb128883cf346318a6b71767aaf3c88"><enum>(b)</enum><header>National
program authorized</header>
<paragraph id="idBA934E0A7954442E8C444DFCDDDE8BBD"><enum>(1)</enum><header>Program</header><text>The
Secretary shall establish a Manufacturing Job Training National Program.</text>
</paragraph><paragraph id="idF105ADB1A7B34E79AB655F73F106BC9C"><enum>(2)</enum><header>Grants</header>
<subparagraph id="idD3E09E4DEF9A430CA420672419AC3EAA"><enum>(A)</enum><header>In
general</header><text>The Secretary shall make grants through the Program, on a
competitive basis, to eligible entities.</text>
</subparagraph><subparagraph id="id2836E9C2273B437498077EC999A5ABAE"><enum>(B)</enum><header>Planning and
development grants</header><text>The Secretary shall make such grants, for
periods of 1 year, to enable the entities to plan and develop programs
described in subsection (f)(1).</text>
</subparagraph><subparagraph id="idF628F75A20684710A0DE2C59B833B7FC"><enum>(C)</enum><header>Implementation
grants</header><text>The Secretary shall make such grants, for periods of not
less than 1 and not more than 3 years, to implement programs described in
subsection (f)(2).</text>
</subparagraph></paragraph></subsection><subsection id="IDdabf7e8b2b144a418fd8acb48c1174bd"><enum>(c)</enum><header>Eligible
entities</header><text>To be eligible to receive a grant under this section, an
entity shall be a Governor, a State agency with responsibility for labor
programs, or a State designated agency described in section 122(i).</text>
</subsection><subsection id="ID310911fef66b487aaf8e9ae37a29a919"><enum>(d)</enum><header>Program
plan</header>
<paragraph id="idA6BF89D209CD4E90A3F17773315265D3"><enum>(1)</enum><header>In
general</header><text>To be eligible to receive a grant under this section, an
entity shall submit a program plan to the Secretary at such time, in such
manner, and containing such information as the Secretary may require, including
a strategy for meeting the needs of workers to develop skills for
manufacturing-related jobs.</text>
</paragraph><paragraph id="idBEB0956845E74E49B45D6BB260092638"><enum>(2)</enum><header>Contents</header><text>Such
plan shall—</text>
<subparagraph id="ID93ef275c126c4a14a623d66d90370430"><enum>(A)</enum><text>be consistent
with the purpose described in subsection (a);</text>
</subparagraph><subparagraph id="ID2bc0db8f1a614d489e237479603dc5ce"><enum>(B)</enum><text>be written in
conjunction with local manufacturers, economic development agencies,
community-based organizations, institutions of higher education (as defined in
section 102 of the Higher Education Act of 1965 (<external-xref legal-doc="usc" parsable-cite="usc/20/1002">20 U.S.C. 1002</external-xref>)), labor
organizations, or other relevant parties or individuals;</text>
</subparagraph><subparagraph id="ID3861d9a689834434b55499221fcdb6ae"><enum>(C)</enum><text>identify the
population to be served;</text>
</subparagraph><subparagraph id="IDdec96862db7e43618db70c516f4d28a6"><enum>(D)</enum><text>identify the
education and employment needs of the population to be served and the manner in
which the activities to be provided will strengthen the ability of the
individuals served to obtain or retain employment;</text>
</subparagraph><subparagraph id="IDa0bfcfc663584f638ff42ecc54e8cd7b"><enum>(E)</enum><text>describe the
activities to be provided; and</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="ID5a9fc4fcfaa04ba592891194f6b54bd3"><enum>(F)</enum><text>describe
performance measures for the program.</text>
</subparagraph></paragraph></subsection><subsection id="id120BBF6D0E7D40F9AADF323A0A7DDF11"><enum>(e)</enum><header>Priority</header><text>In
making the grants, the Secretary shall give priority consideration to entities
proposing programs to develop skills for manufacturing jobs as shipbuilders,
ship fitters, welders, electricians, fabricators, pipe fitters, machinists,
mechanics, metals inspectors, electrical engineers, or chemical engineers, in
pulp and paper science disciplines, or in related fields.</text>
</subsection><subsection id="ID6b75c4a0e22f4019ba086cfc55bfa9cb"><enum>(f)</enum><header>Authorized
activities</header>
<paragraph id="idF63F8535FDFF43108DC06F82707C94CA"><enum>(1)</enum><header>Planning and
development</header><text>An entity that receives a grant under subsection
(b)(2)(B) may use the funds made available through the grant to plan and
develop a new program of employment and training activities that targets the
specific needs of a manufacturer.</text>
</paragraph><paragraph id="idD19AF6FAD2D54FAC8FFA72C21F3B1A6C"><enum>(2)</enum><header>Program
implementation</header><text>An entity that receives a grant under subsection
(b)(2)(C) may use the funds made available through the grant to implement a
program of employment and training activities that targets the specific needs
of a
manufacturer.</text>
</paragraph></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="idF0892668DF3547D4B05B30DA1719B4EB"><enum>(b)</enum><header>Authorization
of appropriations</header><text>Section 174 of the Workforce Investment Act of
1998 (<external-xref legal-doc="usc" parsable-cite="usc/29/2919">29 U.S.C. 2919</external-xref>) is amended by adding at the end the following:</text>
<quoted-block display-inline="no-display-inline" id="id5020ED80FA744B3F9C8CE08A644EBD52" style="OLC">
<subsection id="ID6ad372e8fea44b8297d5ee8cc66a50c0"><enum>(d)</enum><header>Manufacturing
Job Training</header><text>There is authorized to be appropriated to carry out
section 173B $80,000,000 for each of fiscal years 2012 through
2016.</text>
</subsection><after-quoted-block>. </after-quoted-block></quoted-block>
</subsection></section><section id="id660B92FC8F784EEF9A09B92B7BF1DAC5"><enum>102.</enum><header>Workforce
development and economic assistance to BRAC communities</header>
<subsection id="id4788FFFDE1BE49CBAF3E43A655856406"><enum>(a)</enum><header>Workforce
development amendments</header>
<paragraph id="id88E13E911D2B4BD4B910DF40D9CDC003"><enum>(1)</enum><header>In
general</header><text>Section 202 of the Public Works and Economic Development
Act of 1965 (<external-xref legal-doc="usc" parsable-cite="usc/42/3142">42 U.S.C. 3142</external-xref>) is amended—</text>
<subparagraph id="idE9AF096F79274AB5ABFD9D06C124CAD6"><enum>(A)</enum><text>by striking
<quote>Notwithstanding any other provision</quote> and inserting the
following:</text>
<quoted-block display-inline="no-display-inline" id="id747235E6A91549008AC7C45930DDBCF1" style="OLC">
<subsection id="idD5795533B66D420395667ED754A37A1E"><enum>(c)</enum><header>No requirement
of title</header><text>Notwithstanding any other
provision</text>
</subsection><after-quoted-block>; and
</after-quoted-block></quoted-block>
</subparagraph><subparagraph id="id6A626129276C41B2A93B10C20830A753"><enum>(B)</enum><text>by inserting
before subsection (c) (as redesignated by subparagraph (A)) the
following:</text>
<quoted-block display-inline="no-display-inline" id="idFA4CB97324FB40CE915A065689F66DBB" style="OLC">
<subsection id="idD54FD09F4E1D40508EFC9AE25D5112EA"><enum>(a)</enum><header>Definitions</header><text>In
this section:</text>
<paragraph id="id57BB5E32F2BF41B8BE08CC2B7148D677"><enum>(1)</enum><header>BRAC
2005</header><text>The term <term>BRAC 2005</term> means the base realignment
and closure activities established by the Secretary of Defense in 2005.</text>
</paragraph><paragraph id="id66F7A898CB0244968FD8396AE2E6407A"><enum>(2)</enum><header>BRAC eligible
recipient</header><text>The term <term>BRAC eligible recipient</term> means an
eligible recipient that is affected by BRAC 2005.</text>
</paragraph><paragraph id="id6196CD7A83074AE693165736874AF6F6"><enum>(3)</enum><header>Report</header><text>The
term <term>report</term> means the report of the 2005 Defense Base Closure and
Realignment entitled <quote>2005 Defense Base Closure and Realignment
Commission Report</quote> and dated September 8, 2005.</text>
</paragraph></subsection><subsection id="id7F1AFA2978EC40F6985DA5A7D0374CF4"><enum>(b)</enum><header>Assistance to
eligible recipients affected by BRAC</header>
<paragraph id="idA5D1F9AE248E4CBDB2D020F37174D8A3"><enum>(1)</enum><header>In
general</header><text>The Secretary shall provide to BRAC eligible recipients
not less than 25 percent of any amounts made available for grants under this
title that are projected to experience a net loss of jobs as a result of BRAC
2005, as determined in the report.</text>
</paragraph><paragraph id="id910F435FE7024A4AA63D3FFBCC38CD18"><enum>(2)</enum><header>Criteria for
grant</header><text>To receive a grant under this title, a BRAC eligible
recipient described in paragraph (1) shall comply with all requirements
described in this title.</text>
</paragraph><paragraph id="id025B2C8D7C4C4E989BEBB53FADCF8CA2"><enum>(3)</enum><header>Priority</header>
<subparagraph id="id98430F9527F3417E8482FECD0FD58A82"><enum>(A)</enum><header>In
general</header><text>In making grants available to a BRAC eligible recipient
under this section, the Secretary shall give priority to a BRAC eligible
recipient that, as determined in the report, is projected to experience—</text>
<clause id="idBBC9B951FB3C4A108FD3CEC9EF79549D"><enum>(i)</enum><text>at least 2,000
direct job losses; or</text>
</clause><clause id="idA7A3FA3CF60D47CE9D3283D23220A7A0"><enum>(ii)</enum><text>at least 3,000
indirect job losses.</text>
</clause></subparagraph><subparagraph id="idCD93E4341BE64809BF5794D27A8BE521"><enum>(B)</enum><header>Additional
priority</header><text>The Secretary shall give additional priority to any BRAC
eligible recipient that, as determined in the report, is projected to
experience—</text>
<clause id="idA5C85B16024E4A4AB723244039E54AC5"><enum>(i)</enum><text>at least 2,000
direct job losses; and</text>
</clause><clause id="idE70AC3B2E68D428E9316F9DB48CDC3D7"><enum>(ii)</enum><text>at least 3,000
indirect job losses.</text>
</clause></subparagraph></paragraph><paragraph id="idF39B6CADCE384B72A22886251DD7A2C2"><enum>(4)</enum><header>Review</header><text>In
making grants available to BRAC eligible recipients under this section, the
Secretary, in conjunction with the Secretary of Labor, shall review each grant
provided to BRAC eligible recipients under this title to ensure that the BRAC
eligible recipients are receiving the most appropriate grants and services
under this
Act.</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subparagraph></paragraph></subsection></section><section id="ID9ec97c23c17b4ad19db55a05760bf115"><enum>103.</enum><header>Department of
Labor Efficiency Report</header>
<subsection id="id04E0FBA516BA430E82275C49554EA31E"><enum>(a)</enum><header>Reviews</header>
<paragraph id="id104F71C8CD2A4BBF94F1B6EE42717C13"><enum>(1)</enum><header>Department of
Labor job training programs</header><text display-inline="yes-display-inline">The Secretary shall review job training
programs carried out or supported by the Department of Labor, and identify ways
to increase efficiency and reduce duplicative and unnecessary processes and
activities in those programs. In particular, the Secretary shall examine ways
to reduce paperwork and bureaucratic restrictions with respect to those
programs.</text>
</paragraph><paragraph id="idE25E674AC32B4DFD9B2752C05C6FE7E5"><enum>(2)</enum><header>Job training
programs generally</header><text display-inline="yes-display-inline">In
addition, the Secretary shall review and identify ways in which the Secretary
can provide financial assistance, in a cost-effective manner, to workers to
enable the workers to participate in short-term job training programs.</text>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="id4982529CC9B64BB9BF9F4FE2B6747B08"><enum>(b)</enum><header>Report</header><text display-inline="yes-display-inline">Not later than 60 days after the date of
enactment of this Act, the Secretary shall prepare and submit to the
appropriate committees of Congress a report that contains the results of the
reviews described in subsection (a).</text>
</subsection></section><enum>II</enum><header>Deep offshore
wind energy research, development, demonstration, and commercial
application</header>
<section id="IDe906022aa7ec441c953ad475388a720e"><enum>201.</enum><header>Definitions</header><text display-inline="no-display-inline">In this title:</text>
<paragraph id="id1F7E3BE4C9EC4DAD95F3B4C52A20A369"><enum>(1)</enum><header>Institution of
higher education</header><text>The term <term>institution of higher
education</term> has the meaning given the term in section 101(a) of the
<act-name parsable-cite="HEA65">Higher Education Act of 1965</act-name> (20
U.S.C. 1001(a)).</text>
</paragraph><paragraph id="id4BA809343D4C4594A5807E978208E1B8"><enum>(2)</enum><header>National
offshore wind center</header><text>The term <term>national offshore wind
center</term> means a national offshore wind energy research, development, and
demonstration center established under section 203(a).</text>
</paragraph><paragraph id="idFCC67BDB1B4F458F9689ECD371705529"><enum>(3)</enum><header>Program</header><text>The
term <term>program</term> means a program—</text>
<subparagraph id="idA64212D5168E4E7FB6CB2BC200108B07"><enum>(A)</enum><text>that includes
activities (including the awarding of grants) to support the research,
demonstration, and development of commercial applications for deep offshore
water wind energy; and</text>
</subparagraph><subparagraph id="id762D3F3EE50146B9B848AF76868AD264"><enum>(B)</enum><text>to be carried out
by the Secretary under section 202(a).</text>
</subparagraph></paragraph><paragraph id="id036321404D6D4872BFBD093B991D81E1"><enum>(4)</enum><header>Secretary</header><text>The
term <term>Secretary</term> means the Secretary of Energy.</text>
</paragraph></section><section id="idFF32C642F087495D9927C289B9A183C3"><enum>202.</enum><header>Offshore wind
energy research and deployment program</header>
<subsection id="ID2bd9d6cb2c5f42ac984d7dc8e38a014f"><enum>(a)</enum><header>In
general</header><text>As soon as practicable after the date of enactment of
this Act, in accordance with subsection (b), the Secretary shall carry out the
program—</text>
<paragraph id="IDbf76c1c29b994b849b3a1d8aca4d3243"><enum>(1)</enum><text>to carry out a
research, development, and demonstration program to facilitate the deployment
of a wind energy program in deep offshore waters of the United States;</text>
</paragraph><paragraph id="ID55c4336b89f54e4298fbb3d66da59b7a"><enum>(2)</enum><text>to improve the
energy efficiency, reliability, and capacity of offshore wind turbines;
and</text>
</paragraph><paragraph id="IDdff934d75353461997a3dd6326885825"><enum>(3)</enum><text>to reduce the
cost of manufacturing, construction, deployment, generation, and maintenance of
offshore wind energy systems.</text>
</paragraph></subsection><subsection id="IDdde5330b1f1d40738778e28e8233bb49"><enum>(b)</enum><header>Program
requirements</header><text>The Secretary shall carry out the program to
support—</text>
<paragraph id="IDa9c54cbed04a462ba620571621ca8c35"><enum>(1)</enum><text>the design,
demonstration, and deployment of advanced wind turbine foundations and support
structures, blades, turbine systems, components, and supporting land- and
water-based infrastructure for application in deep offshore water;</text>
</paragraph><paragraph id="ID85905c8d5b684f2295a3395aff9beb22"><enum>(2)</enum><text>the full-scale
testing and establishment of regional demonstrations of deep offshore water
wind components and systems to validate technology and performance issues
relating to the components;</text>
</paragraph><paragraph id="ID7f0cb5d770514f6c83a41cc2a9639ad1"><enum>(3)</enum><text>for inclusion in
a publically accessible database, assessments of the deep offshore water wind
resources of the United States, including—</text>
<subparagraph id="id624F0785EC8944AF82FA54600DDD460E"><enum>(A)</enum><text>environmental
impacts and benefits;</text>
</subparagraph><subparagraph id="idBBCF7AD328CD49D2ADB4E97DBBB1B430"><enum>(B)</enum><text>siting and
permitting issues;</text>
</subparagraph><subparagraph id="id719770B3B45344B8BABB6B68E5012337"><enum>(C)</enum><text>exclusion zones;
and</text>
</subparagraph><subparagraph id="id9F32F63453684A73A3C9365A863D4C20"><enum>(D)</enum><text>transmission
needs;</text>
</subparagraph></paragraph><paragraph id="ID888981d518ab4e9a9c3d0f512841af48"><enum>(4)</enum><text>the design,
demonstration, and deployment of integrated sensors, actuators, and advanced
materials (including composite materials);</text>
</paragraph><paragraph id="ID65b52e7e012042059be86f23f87484c2"><enum>(5)</enum><text>advanced blade
manufacturing activity (including automation, materials, and the assembly of
large-scale components) to stimulate the development of the blade manufacturing
capacity of the United States;</text>
</paragraph><paragraph id="IDefdba4029eba488bbbf201cd7c31e630"><enum>(6)</enum><text>methods to assess
and mitigate the effects of wind energy systems on marine ecosystems and marine
industries; and</text>
</paragraph><paragraph id="IDa3b6bcf7b09240739745021e9d751ef4"><enum>(7)</enum><text>other research
areas, as determined to be appropriate by the Secretary.</text>
</paragraph></subsection></section><section id="ID71ce9bc93a6145a3901a2aedbbfef505"><enum>203.</enum><header>National
offshore wind energy research, development, and demonstration centers</header>
<subsection id="IDa7c8b4cea19e43ed844ec26a091bfbc8"><enum>(a)</enum><header>Duty of
Secretary</header><text>As soon as practicable after the date of enactment of
this Act, the Secretary shall award, on a competitive basis and with an
emphasis on technical merit, grants to institutions of higher education to
establish 1 or more national offshore wind centers.</text>
</subsection><subsection id="id93BAC70F100D44BAA9CB3EADE561E624"><enum>(b)</enum><header>Selection
criteria</header><text>In selecting institutions of higher education under
subsection (a), the Secretary shall give preference to institutions of higher
education that—</text>
<paragraph id="id334638C1FF19434F96102E3E250ED3E3"><enum>(1)</enum><text>agree to cover
transitional depth and deep offshore water technologies to complement the
activities of a national offshore wind center;</text>
</paragraph><paragraph id="id25BDD7580A3A40D2A12B1FAEFC44C8A4"><enum>(2)</enum><text>agree to host an
offshore wind energy research and development program funded by the Department
of Energy in coordination with an engineering program of the institution of
higher education;</text>
</paragraph><paragraph id="idD17D0FF9E1484491823C360FEC7929EE"><enum>(3)</enum><text>employ
individuals who have proven expertise relating to the development of novel
materials for commercial applications; and</text>
</paragraph><paragraph id="id1870A80A370741959398DAE374076996"><enum>(4)</enum><text>have access to,
and use the resources of—</text>
<subparagraph id="id59C879A83A104F22BABA51ED6CE85189"><enum>(A)</enum><text>the Atlantic
Ocean;</text>
</subparagraph><subparagraph id="id43D7979452174342A8B16EBE44BEE9FB"><enum>(B)</enum><text>the Gulf of
Mexico; or</text>
</subparagraph><subparagraph id="id2242B17F44C94BA292E7698F510EAE96"><enum>(C)</enum><text>the Pacific
Ocean.</text>
</subparagraph></paragraph></subsection><subsection id="idCB538D7B1B274B02A32F8DFEC87B743D"><enum>(c)</enum><header>Requirements</header><text>A
national offshore wind center established with funds provided by the Secretary
through a grant under subsection (a) shall be designed—</text>
<paragraph id="id42B08C7CD85945C78FB2B327DD63205E"><enum>(1)</enum><text>to focus on
deepwater floating offshore wind energy technologies; and</text>
</paragraph><paragraph id="id8F8810202BE24311ABC69236728E36EA"><enum>(2)</enum><text>to facilitate the
conduct of initiatives to advance 1 or more activities described in section
202(b).</text>
</paragraph></subsection></section><section id="ID6e70275ea3054cec986dc0db1a36ea0d"><enum>204.</enum><header>Authorization
of appropriations</header><text display-inline="no-display-inline">There are
authorized to be appropriated to the Secretary to carry out this title—</text>
<paragraph id="id6A7B530F14434BD380D04D551B19D7BA"><enum>(1)</enum><text display-inline="yes-display-inline">$50,000,000 for each of fiscal years 2012
through 2016; and</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="idEAC2C3AD3C1A4DC1BFF3DABC2A08FF00"><enum>(2)</enum><text>such sums as are
necessary for each of fiscal years 2017 through 2021.</text>
</paragraph></section><enum>III</enum><header>Small business
tax relief</header>
<section id="id0AD9C4D218FE4AE3B0C3B29AE286642A"><enum>301.</enum><header>Temporary
employer payroll tax cut</header>
<subsection id="idC9F0D83D4D6A4C5BABAE28FF00BC82F5"><enum>(a)</enum><header>In
general</header>
<paragraph id="idC27F393D01EE42BA8421B4996C532D30"><enum>(1)</enum><header>Employers</header><text>Section
601(a) of the Tax Relief, Unemployment Insurance Reauthorization, and Job
Creation Act of 2010 is amended by striking <quote>and</quote> at the end of
paragraph (1), by striking the period at the end of paragraph (2), and by
adding at the end the following new paragraph:</text>
<quoted-block display-inline="no-display-inline" id="id70E83249EC5F4D01ABF45D46ED352A9D" style="OLC">
<paragraph id="idA8FF1431BB4C4832BD87571AC457409C"><enum>(3)</enum><text>with respect to
wages paid during the payroll tax holiday period not to exceed $50,000 for each
employee, the rate of tax under 3111(a) of such Code shall be 4.2 percent
(including for purposes of determining the applicable percentage under sections
3221(a) of such
Code).</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="idFC6B97A2F6594A3C9FA93964CC0C4381"><enum>(2)</enum><header>Self-employed
individuals</header><text>Section 601(a)(1) of such Act is amended by inserting
<quote>(8.40 percent in the case of self-employment income not to exceed
$50,000)</quote> after <quote>10.40 percent</quote>.</text>
</paragraph></subsection><subsection id="id2ACE852985AF4CEA967BB9D013507024"><enum>(b)</enum><header>Conforming
amendments</header>
<paragraph id="id80CE404528514E1890EC7BBA43DAB748"><enum>(1)</enum><text>Section 601 of
the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of
2010 is amended by striking subsection (b).</text>
</paragraph><paragraph id="id1D5B3D8314AB4F97A082DC392488055E"><enum>(2)</enum><text>Section 601(e)(2)
of such Act is amended by striking <quote>subsection (a)(2)</quote> and
inserting <quote>paragraphs (2) and (3) of subsection (a)</quote>.</text>
</paragraph><paragraph id="id95EEE086E8BF41F7A9EB72D45AF7DB51"><enum>(3)</enum><text>The headings for
title VI and section 601 of such Act are each amended by striking
<quote>employee</quote>.</text>
</paragraph></subsection><subsection id="idB28D23F3D00B470CA190331283139E5C"><enum>(c)</enum><header>Effective
date</header>
<paragraph id="idCD04972C823B46919BE001F4E0D71463"><enum>(1)</enum><header>In
general</header><text>The amendments made by this section shall apply to wages
paid and self-employment income earned after December 31, 2010.</text>
</paragraph><paragraph id="idA64526863F41431C8F7CBF67ED62F885"><enum>(2)</enum><header>Special
transition rule</header>
<subparagraph id="H70F2C3243FE74D8190FDCD3084E0DA3A"><enum>(A)</enum><header>Nonapplication
of reduction during first quarter</header><text display-inline="yes-display-inline">The amendments made by subsection (a)(1)
shall not apply with respect to wages paid during the first calendar quarter of
2011.</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="HEF577D4342474686801F4D3D755F6159"><enum>(B)</enum><header>Crediting of
first quarter exemption during second quarter</header><text display-inline="yes-display-inline">The amount by which the tax imposed under
sections 3111(a) and 3221(a) of the Internal Revenue Code of 1986 would (but
for the application of subparagraph (A)) have been reduced with respect to
wages paid by an employer during the first calendar quarter of 2011 shall be
treated as a payment against the tax imposed under section 3111(a) of such Code
or section 3121(a) of such Code, as the case may be, with respect to the
employer for the second calendar quarter of 2011 which is made on the date that
such tax is due.</text>
</subparagraph></paragraph></subsection></section><section id="id9C93B1F0234C4B91981F3C77DA0A7108"><enum>302.</enum><header>15-year
straight-line cost recovery for qualified leasehold improvements, qualified
restaurant buildings and improvements, qualified retail improvements, and other
nonresidential real property and residential rental property</header>
<subsection id="id09D89BC7839146AC8A77D30E7AE8DD42"><enum>(a)</enum><header>Qualified
leasehold improvements, qualified restaurant buildings and improvements, and
qualified retail improvements</header><text>Subparagraph (E) of section
168(e)(3) of the Internal Revenue Code of 1986, as amended by the Tax Relief,
Unemployment Insurance Reauthorization, and Job Creation Act of 2010, is
amended—</text>
<paragraph id="id3E4C3C4BDF124EFC9B1D36646ACB0A24"><enum>(1)</enum><text>by striking
<quote>placed in service before January 1, 2012</quote> in clauses (iv) and
(v), and</text>
</paragraph><paragraph id="id47F8105AEA464BC89E05BA21DEA235B5"><enum>(2)</enum><text>by striking
<quote>placed in service after December 31, 2008, and before January 1,
2012</quote> in clause (ix).</text>
</paragraph></subsection><subsection id="idEC068BC43D0E44BF870E5CCF93CD53A3"><enum>(b)</enum><header>Other
nonresidential real property and residential rental property</header>
<paragraph id="idF791E9D0C626422EAA7C00D554CBE99D"><enum>(1)</enum><header>In
general</header><text>Subparagraph (E) of section 168(e)(3) of the Internal
Revenue Code of 1986 is amended by striking <quote>and</quote> at the end of
clause (viii), by striking the period at the end of clause (ix) and inserting
<quote>, and,</quote>, and by adding at the end the following new
clause:</text>
<quoted-block display-inline="no-display-inline" id="id0862C76EB67A43E7B5E3E49B2DB305FC" style="OLC">
<clause id="id8DACD4464DA7493AB430825A569B57E1"><enum>(x)</enum><text>any
nonresidential real property or residential rental property not otherwise
described in any preceding clause of this subparagraph placed in service after
December 31,
2011.</text>
</clause><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="idA3FF884A8D8741C28C3A5F38A749A995"><enum>(2)</enum><header>Conforming
amendments</header>
<subparagraph id="id75AD018E4DD840EF90155628406F19B0"><enum>(A)</enum><text>The table
contained in <external-xref legal-doc="usc" parsable-cite="usc/26/168">section 168(c)</external-xref> of the Internal Revenue Code of 1986 is amended by
striking the items relating to residential rental property and nonresidential
real property.</text>
</subparagraph><subparagraph id="idF33B618096B44C1D8517F27F16FAA4CA"><enum>(B)</enum><text>Subparagraph (B)
of section 168(e)(2) of such Code is amended by striking <quote>which is
not</quote> and all that follows and inserting <quote>which is not residential
rental property</quote>.</text>
</subparagraph><subparagraph id="id43D6D4EF3EFF42AEABF77BB1BF657A05"><enum>(C)</enum><text>The table
contained in section 168(j)(2) of such Code is amended by striking the last
item.</text>
</subparagraph><subparagraph id="id54AD5A40AC8A49F299722870E5EC325B"><enum>(D)</enum><text>The table
contained in section 467(e)(3)(A) of such Code is amended by striking the next
to last item.</text>
</subparagraph></paragraph></subsection><subsection id="HFAB0139660254BFA8E8732B90A2D9030"><enum>(c)</enum><header>Effective
date</header><text>The amendments made by this section shall apply to property
placed in service after December 31, 2011.</text>
</subsection></section><section id="id7084B42DAB7C4100B8C9543A852D25FC"><enum>303.</enum><header>Repeal of
sunset on increased limitations on, and on expansion of, small business
expensing</header>
<subsection id="id702817AAAE1149DF9376080F024C4C31"><enum>(a)</enum><header>Repeal of
sunset on increased limitations</header>
<paragraph commented="no" id="id3E69A58919D74E21BB6C30EC3AD89526"><enum>(1)</enum><header>In
general</header><text>Paragraph (1) of section 179(b) of the Internal Revenue
Code of 1986, as amended by the Tax Relief, Unemployment Insurance
Reauthorization, and Job Creation Act of 2010, is amended by striking
<quote>shall not exceed—</quote> and all that follows and inserting
<quote>shall not exceed $125,000.</quote>.</text>
</paragraph><paragraph commented="no" id="id347FBDEDE7E84FFE843955B4B888012D"><enum>(2)</enum><header>Reduction in
Limitation</header><text>Paragraph (2) of section 179(b) of such Code, as so
amended, is amended by striking <quote>exceeds—</quote> and all that follows
and inserting <quote>exceeds $500,000.</quote>.</text>
</paragraph><paragraph commented="no" id="id3F94CF3A9B2B4B8C8265CBD35C02239A"><enum>(3)</enum><header>Conforming
amendment</header><text>Subsection (b) of section 179 of such Code, as so
amended, is amended by striking paragraph (6).</text>
</paragraph><paragraph id="IDe573b7d2588b4585aeecd0e63222459d"><enum>(4)</enum><header>Computer
software</header><text>Clause (ii) of section 179(d)(1)(A) of such Code, as so
amended, is amended by striking <quote>and before 2013</quote>.</text>
</paragraph><paragraph id="ID187ce669ca6b469c9a5206fa8b04fa92"><enum>(5)</enum><header>Revocation of
election</header><text>Paragraph (2) of section 179(c) of such Code, as so
amended, is amended to read as follows:</text>
<quoted-block display-inline="no-display-inline" id="idD500968AA2274D57977F7F0D0A9D9C47" style="OLC">
<paragraph id="idB0E12CF0353D4A4385E8C8236894EEAA"><enum>(2)</enum><header>Revocation of
election</header><text>Any election made under this section, and any
specification contained in any such election, may be revoked by the taxpayer
with respect to any property, and such revocation, once made, shall be
irrevocable.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="idE223B3954FC745939535AA329B220E51"><enum>(b)</enum><header>Repeal of
sunset on expansion</header><text>Subsection (f) of section 179 of such Code,
as so amended, is amended—</text>
<paragraph id="id9DFEA7E439F9404C937C7F1E7C33FC03"><enum>(1)</enum><text>by striking
<quote>beginning in 2010 or 2011</quote> in paragraph (1), and</text>
</paragraph><paragraph id="idB981952650A746B8BDA0BD61A3C1F19A"><enum>(2)</enum><text>by striking
paragraph (4) and inserting the following new paragraph:</text>
<quoted-block display-inline="no-display-inline" id="id59D93AD9D17F4466ACCF8E46ABA88CC2" style="OLC">
<paragraph id="id4E1E3D5BD8204B3B997989A174F97F3A"><enum>(4)</enum><header>Carryover
limitation</header><text>For purposes of applying subsection (b)(3)(B) to any
taxable year, the amount which is disallowed under subsection (b)(3)(A) for
such taxable year which is attributed to qualified real property shall be the
amount which bears the same ratio to the total amount so disallowed as—</text>
<subparagraph id="id89E7BDA62E4C48B580B2D4CC638E8A6D"><enum>(A)</enum><text>the aggregate
amount attributable to qualified real property placed in service during such
taxable year, increased by the portion of any amount carried over to such
taxable year from a prior taxable year which is attributable to such property,
bears to</text>
</subparagraph><subparagraph id="id97036A17529C468285929917436F4700"><enum>(B)</enum><text>the total amount
of section 179 property placed in service during such taxable year, increased
by the aggregate amount carried over to such taxable year from any prior
taxable year.</text>
</subparagraph><continuation-text continuation-text-level="paragraph">For
purposes of the preceding sentence, only section 179 property with respect to
which an election was made under subsection (c)(1) shall be taken into
account.</continuation-text></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="id53E5EF924ED746CB818AF1A26044D1E9"><enum>(c)</enum><header>Effective
date</header><text display-inline="yes-display-inline">The amendments made by
this section shall apply to taxable years beginning after December 31,
2011.</text>
</subsection></section><section id="H532611B021BD4114A8B373E0A64B0A29"><enum>304.</enum><header>Repeal of
expansion of information reporting requirements</header>
<subsection id="id7C3D26241DE942858BB381612ADB6D1D"><enum>(a)</enum><header>Repeal of
payments for property and other gross proceeds</header><text display-inline="yes-display-inline">Subsection (b) of section 9006 of the
Patient Protection and Affordable Care Act, and the amendments made thereby,
are hereby repealed; and the Internal Revenue Code of 1986 shall be applied as
if such subsection, and amendments, had never been enacted.</text>
</subsection><subsection id="idD290D7454419469B90E37127C2D3366B"><enum>(b)</enum><header>Repeal of
application to corporations and regulatory authority</header>
<paragraph id="id279CA537C75340328AAEC54C7A4A0037"><enum>(1)</enum><header>In
general</header><text><external-xref legal-doc="usc" parsable-cite="usc/26/6041">Section 6041</external-xref> of the Internal Revenue Code of 1986, as
amended by section 9006(a) of the Patient Protection and Affordable Care Act
and section 2101 of the Small Business Jobs Act of 2010, is amended by striking
subsections (i) and (j).</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="idF8669A1A8DC04245BF1B8B54970DD248"><enum>(2)</enum><header>Effective
date</header><text>The amendment made by this subsection shall apply to
payments made after December 31, 2010.</text>
</paragraph></subsection></section><section id="HEA1BE76417FC4AF7989B9C5B185BA585"><enum>305.</enum><header>Extension and
modification of research credit</header>
<subsection id="id2DCC17BC4FA441EA8C5CA1CFAB746BFA"><enum>(a)</enum><header>Extension</header>
<paragraph id="H4CCFB68A5EC243A0A97224CEB0D3BC15"><enum>(1)</enum><header>In
general</header><text>Subparagraph (B) of section 41(h)(1) of the Internal
Revenue Code of 1986, as amended by the Tax Relief, Unemployment Insurance
Reauthorization, and Job Creation Act of 2010, is amended by striking
<quote>December 31, 2011</quote> and inserting <quote>December 31,
2016</quote>.</text>
</paragraph><paragraph id="H84679879C65C452785689AE4950A7EC3"><enum>(2)</enum><header>Conforming
amendment</header><text>Subparagraph (D) of section 45C(b)(1) of such Code, as
so amended, is amended by striking <quote>December 31, 2011</quote> and
inserting <quote>December 31, 2016</quote>.</text>
</paragraph></subsection><subsection id="HFF70234B9EA245579F4CAB509AA4011"><enum>(b)</enum><header>Increase in
alternative simplified research credit</header><text>Paragraph (5) of section
41(c) of the Internal Revenue Code of 1986 is amended—</text>
<paragraph id="idAB69A273AA9B4CC2ABC661B9181323D4"><enum>(1)</enum><text>by striking
<quote>14 percent (12 percent in the case of taxable years ending before
January 1, 2009)</quote> in subparagraph (A) and inserting <quote>20 percent
(14 percent in the case of taxable years ending before January 1,
2013)</quote>, and</text>
</paragraph><paragraph id="idEF0FCB99C5AD4BA9A0F7DCF626D98C89"><enum>(2)</enum><text>by striking
<quote>6 percent</quote> in subparagraph (B)(ii) and inserting <quote>10
percent (7 percent in the case of taxable years ending before January 1,
2013)</quote>.</text>
</paragraph></subsection><subsection id="HDCF4F02EA5E7447B9CA7CAA8EE9C2B08"><enum>(c)</enum><header>Effective
date</header><text>The amendments made by this section shall apply to amounts
paid or incurred after December 31, 2010.</text>
</subsection></section><enum>IV</enum><header>Regulatory
reform</header>
<section id="id3DBCE27EAB824CD1BBAE2EE037ECB2DA"><enum>401.</enum><header>Regulatory
reform</header>
<subsection id="id357C94503B704DC38DBBF8D145922CAB"><enum>(a)</enum><header>Definitions</header><text display-inline="yes-display-inline">In this section—</text>
<paragraph id="id3F32FEC1DD4C4B829357A4610BC6F1D9"><enum>(1)</enum><text>the term
<term>Administrator</term> means the Administrator of the Office of Information
and Regulatory Affairs in the Office of Management and Budget;</text>
</paragraph><paragraph id="idC0AA57457C0647459F1435F5A0B9ADB6"><enum>(2)</enum><text>the term
<term>agency</term> has the same meaning as in <external-xref legal-doc="usc" parsable-cite="usc/44/3502">section 3502(1)</external-xref> of title 44,
United States Code;</text>
</paragraph><paragraph id="id4FB74CBDF2FE46549EB31622A60BD83B"><enum>(3)</enum><text>the term
<term>economically significant guidance document</term> means a significant
guidance document that may reasonably be anticipated to lead to an annual
effect on the economy of $100,000,000 or more or adversely affect in a material
way the economy or a sector of the economy, except that economically
significant guidance documents do not include guidance documents on Federal
expenditures and receipts;</text>
</paragraph><paragraph id="id56712B08CD9F49D8B1F4DDEEBEBCB771"><enum>(4)</enum><text>the term
<term>disseminated</term>—</text>
<subparagraph id="id68EE0DF90E784D84A68A62CFDB5FB48A"><enum>(A)</enum><text>means prepared by
an agency and distributed to the public or regulated entities; and</text>
</subparagraph><subparagraph id="id5216E8598CD84F6699A0E8764BF494F9"><enum>(B)</enum><text>does not
include—</text>
<clause id="id332C5A61BF7A46C797EFDF464F45E69E"><enum>(i)</enum><text>distribution
limited to Federal Government employees;</text>
</clause><clause id="id5F21D136420C44C0B2978EB50E861357"><enum>(ii)</enum><text>intra- or
interagency use or sharing of Federal Government information; and</text>
</clause><clause id="id67EA44F3E3CE4AD69A103F1CA522833C"><enum>(iii)</enum><text>responses to
requests for agency records under <external-xref legal-doc="usc" parsable-cite="usc/5/552">section 552</external-xref> of title 5, United States Code
(commonly referred to as the <quote>Freedom of Information Act</quote>),
<external-xref legal-doc="usc" parsable-cite="usc/5/552a">section 552a</external-xref> of title 5, United States Code, (commonly referred to as the
<quote>Privacy Act</quote>), the Federal Advisory Committee Act (5 U.S.C.
App.), or other similar laws;</text>
</clause></subparagraph></paragraph><paragraph id="id4E6AB1EA02A04B35A998D71ED07B87CD"><enum>(5)</enum><text>the term
<term>guidance document</term> means an agency statement of general
applicability and future effect, other than a regulatory action, that sets
forth a policy on a statutory, regulatory or technical issue or an
interpretation of a statutory or regulatory issue;</text>
</paragraph><paragraph id="id856403458E874A2B9F7F3E5F3C27B7DB"><enum>(6)</enum><text>the term
<term>regulation</term> means an agency statement of general applicability and
future effect, which the agency intends to have the force and effect of law,
that is designed to implement, interpret, or prescribe law or policy or to
describe the procedure or practice requirements of an agency;</text>
</paragraph><paragraph id="idB42065B8B078426CB5726D5CCAEAB21C"><enum>(7)</enum><text>the term
<term>regulatory action</term> means any substantive action by an agency
(normally published in the Federal Register) that promulgates or is expected to
lead to the promulgation of a final regulation, including notices of inquiry,
advance notices of proposed rulemaking, and notices of proposed
rulemaking;</text>
</paragraph><paragraph id="id28BAE0364B2145C18E42B2A62CC1AF4F"><enum>(8)</enum><text>the term
<term>significant guidance document</term>—</text>
<subparagraph id="id385931D46A8B4599BB0F24814B0186F3"><enum>(A)</enum><text>means a guidance
document disseminated to regulated entities or the general public that may
reasonably be anticipated to—</text>
<clause id="idE49048A0ACBC4566A2829F8DC2956C26"><enum>(i)</enum><text>lead to an annual
effect on the economy of $100,000,000 or more or affect in a material way the
economy, a sector of the economy, productivity, competition, jobs, the
environment, public health or safety, or State, local, or tribal governments or
communities;</text>
</clause><clause id="id126F9E5AC9A9401EB60C40ABE944FE11"><enum>(ii)</enum><text>create a serious
inconsistency or otherwise interfere with an action taken or planned by another
agency;</text>
</clause><clause id="IDeb557916062e4508af690bcea8e32a48"><enum>(iii)</enum><text>materially
alter the budgetary impact of entitlements, grants, user fees, or loan programs
or the rights and obligations of recipients thereof; or</text>
</clause><clause id="ID65f54d322feb47adacd8d63e363536e6"><enum>(iv)</enum><text>raise novel
legal or policy issues arising out of legal mandates and the priorities,
principles, and provisions of this section; and</text>
</clause></subparagraph><subparagraph id="id5D954880E66E4212AC9346F49FB24FED"><enum>(B)</enum><text>does not
include—</text>
<clause id="id32396FF51FC7425B9A58D038AB80A433"><enum>(i)</enum><text>legal advisory
opinions for internal Executive Branch use and not for release (such as
Department of Justice Office of Legal Counsel opinions);</text>
</clause><clause id="idCBA1F39BF39B45C880BB1478E07A1C0A"><enum>(ii)</enum><text>briefs and other
positions taken by agencies in investigations, pre-litigation, litigation, or
other enforcement proceedings;</text>
</clause><clause id="id306A8652B695451F84B04D4EF29B718C"><enum>(iii)</enum><text>speeches;</text>
</clause><clause id="id2B0EDCB0FFC8413BAD9196B1C5479AAE"><enum>(iv)</enum><text>editorials;</text>
</clause><clause id="id37C84E6B71BA49CFA1E96F666069C37F"><enum>(v)</enum><text>media
interviews;</text>
</clause><clause id="idCAD98A7113C8418CBDA999B427ED9A1D"><enum>(vi)</enum><text>press
materials;</text>
</clause><clause id="id1813281546A04D888BD0A6A39DAAA59B"><enum>(vii)</enum><text>congressional
correspondence;</text>
</clause><clause id="id796BEED2FBEB47E2ADCABCFF3237CE00"><enum>(viii)</enum><text>guidance
documents that pertain to a military or foreign affairs function of the United
States (other than guidance on procurement or the import or export of
non-defense articles and services);</text>
</clause><clause id="idBD83B78C0EB34303805BD0DF963FA14F"><enum>(ix)</enum><text>grant
solicitations;</text>
</clause><clause id="id5418DA32DC8A4A6E8D77362D0293F0EB"><enum>(x)</enum><text>warning
letters;</text>
</clause><clause id="idA1B490C087CC4842ACAFA79B53151262"><enum>(xi)</enum><text>case or
investigatory letters responding to complaints involving fact-specific
determinations;</text>
</clause><clause id="id635AF6D9378A4230A1234AA96B6D6A1F"><enum>(xii)</enum><text>purely internal
agency policies;</text>
</clause><clause id="idDC97FBC6E26C4B2DA6BAB90EDA2988D3"><enum>(xiii)</enum><text>guidance
documents that pertain to the use, operation or control of a government
facility;</text>
</clause><clause id="id8FE1103FCD4D4ADC9832631E4999A5B5"><enum>(xiv)</enum><text>internal
guidance documents directed solely to other agencies; and</text>
</clause><clause id="id17A6D8F9818646429D553E3960F724BE"><enum>(xv)</enum><text>any other
category of significant guidance documents exempted by an agency head in
consultation with the Administrator; and</text>
</clause></subparagraph></paragraph><paragraph id="id4D5F9246CB2B4A40B85EC5E3A06EAA4B"><enum>(9)</enum><text>the term
<term>significant regulatory action</term> means any regulatory action that is
likely to result in a regulation that may—</text>
<subparagraph id="ID27b33d6de081495598b720b19b470ca1"><enum>(A)</enum><text>have an annual
effect on the economy of $100,000,000 or more or adversely affect in a material
way the economy, a sector of the economy, productivity, competition, jobs, the
environment, public health or safety, or State, local, or tribal governments or
communities;</text>
</subparagraph><subparagraph id="IDcfe9384cb948435a9aa6ddfa56374471"><enum>(B)</enum><text>create a serious
inconsistency or otherwise interfere with an action taken or planned by another
agency;</text>
</subparagraph><subparagraph id="ID39efd265308149ce892109dbe71ade66"><enum>(C)</enum><text>materially alter
the budgetary impact of entitlements, grants, user fees, or loan programs or
the rights and obligations of recipients thereof; or</text>
</subparagraph><subparagraph id="IDaa881baa7cf5457f88ee2a4811a00475"><enum>(D)</enum><text>raise novel legal
or policy issues arising out of legal mandates and the priorities, principles,
and provisions of this section.</text>
</subparagraph></paragraph></subsection><subsection id="idC8B055AF764B4BF3840C550F809C4CF3"><enum>(b)</enum><header>Agency
assessment of significant regulatory actions</header><text display-inline="yes-display-inline">For each significant regulatory action,
each agency shall submit, at such times specified by the Administrator, a
report to the Office of Information and Regulatory Affairs that
includes—</text>
<paragraph id="ID3b601023aaf54fb89fa80c954ae691b5"><enum>(1)</enum><text>an assessment,
including the underlying analysis, of benefits anticipated from the significant
regulatory action, such as—</text>
<subparagraph id="id341BC0FCFA58435F8B70A8CA8C919780"><enum>(A)</enum><text>the promotion of
the efficient functioning of the economy and private markets;</text>
</subparagraph><subparagraph id="id9CBAEAC0E2C54D3BBAC982EB35ED8284"><enum>(B)</enum><text>the enhancement
of health and safety;</text>
</subparagraph><subparagraph id="idAE9928FB26914498A150F5633AF93941"><enum>(C)</enum><text>the protection of
the natural environment; and</text>
</subparagraph><subparagraph id="idA9E8D0EF2A35452B9786215416048037"><enum>(D)</enum><text>the elimination
or reduction of discrimination or bias;</text>
</subparagraph></paragraph><paragraph id="idB3F2973A51CE42D0A416B3455EDB2349"><enum>(2)</enum><text>to the extent
feasible, a quantification of the benefits assessed under paragraph (1);</text>
</paragraph><paragraph id="ID72c1dea3486b4ab89c214f20681557ca"><enum>(3)</enum><text>an assessment,
including the underlying analysis, of costs anticipated from the regulatory
action, such as—</text>
<subparagraph id="id6A627996FB4F4E50A2806DF53A205AD5"><enum>(A)</enum><text>the direct cost
both to the Federal Government in administering the significant regulatory
action and to businesses, consumers, and others (including State, local, and
tribal officials) in complying with the regulation; and</text>
</subparagraph><subparagraph id="id28B32B45FE0345489EE7DC59AC1602B6"><enum>(B)</enum><text>any adverse
effects on the efficient functioning of the economy, private markets (including
productivity, employment, and competitiveness), health, safety, the natural
environment, job creation, the prices of consumer goods, and energy
costs;</text>
</subparagraph></paragraph><paragraph id="idB507FEFC65F14713B7182D4B60D70BDC"><enum>(4)</enum><text>to the extent
feasible, a quantification of the costs assessed under paragraph (3);
and</text>
</paragraph><paragraph id="ID49a811dbaf664ad0a4c73ff7f266f173"><enum>(5)</enum><text>an assessment,
including the underlying analysis, of costs and benefits of potentially
effective and reasonably feasible alternatives to the planned significant
regulatory action, identified by the agency or the public (including improving
the current regulation and reasonably viable nonregulatory actions), and an
explanation why the planned regulatory action is preferable to the identified
potential alternatives.</text>
</paragraph></subsection><subsection id="id4B529E076D05432F94E34A38657134CB"><enum>(c)</enum><header>Agency good
guidance practices</header>
<paragraph id="idF6DC2C62BE6D4CDE9D078E1659B2A013"><enum>(1)</enum><header>Agency
standards for significant guidance documents</header>
<subparagraph id="id48FA03352EBC4648B3EB8492A1202F04"><enum>(A)</enum><header>Approval
procedures</header>
<clause id="id2656356406B4475694E5AA58B2B471F7"><enum>(i)</enum><header>In
general</header><text>Each agency shall develop or have written procedures for
the approval of significant guidance documents, which shall ensure that the
issuance of significant guidance documents is approved by appropriate senior
agency officials.</text>
</clause><clause id="idD5FF100ADC2A4647B1F84674180D8BFB"><enum>(ii)</enum><header>Requirement</header><text>Employees
of an agency may not depart from significant guidance documents without
appropriate justification and supervisory concurrence.</text>
</clause></subparagraph><subparagraph id="idF596DC047625418783F98FEB5296D4F6"><enum>(B)</enum><header>Standard
elements</header><text>Each significant guidance document—</text>
<clause id="idDDCC97DBD254402EB3AD7698723DFBBA"><enum>(i)</enum><text>shall—</text>
<subclause id="ID70a8a62dbc9d48bcbbe03f01815ce329"><enum>(I)</enum><text>include the term
<quote>guidance</quote> or its functional equivalent;</text>
</subclause><subclause id="IDc0653d3c95214173ad9dd02990925fad"><enum>(II)</enum><text>identify the
agency or office issuing the document;</text>
</subclause><subclause id="ID4e729ef32075435ebf5e19a8390d622a"><enum>(III)</enum><text>identify the
activity to which and the persons to whom the significant guidance document
applies;</text>
</subclause><subclause id="ID441b070ca97648be948dd4bdaf2ff96c"><enum>(IV)</enum><text>include the date
of issuance;</text>
</subclause><subclause id="ID6ddb021923854f0787f837912d59a3a0"><enum>(V)</enum><text>note if the
significant guidance document is a revision to a previously issued guidance
document and, if so, identify the document that the significant guidance
document replaces;</text>
</subclause><subclause id="ID5ce5809819254e8fba92f0babdd7705f"><enum>(VI)</enum><text>provide the
title of the document and a document identification number; and</text>
</subclause><subclause id="IDeae9bec1385847ba8e74869844359365"><enum>(VII)</enum><text>include the
citation to the statutory provision or regulation (in Code of Federal
Regulations format) which the significant guidance document applies to or
interprets; and</text>
</subclause></clause><clause id="ID0b54b4395e194c9db564cc82ce9e20e9"><enum>(ii)</enum><text>shall not
include mandatory terms such as <quote>shall</quote>, <quote>must</quote>,
<quote>required</quote>, or <quote>requirement</quote> unless—</text>
<subclause id="id05642E41DBF04BF98BC5A4157A3DE7E4"><enum>(I)</enum><text>the agency is
using those terms to describe a statutory or regulatory requirement; or</text>
</subclause><subclause id="idD7BA00FE7CAF4EC1BC466DB54FA6C782"><enum>(II)</enum><text>the terminology
is addressed to agency staff and will not foreclose agency consideration of
positions advanced by affected private parties.</text>
</subclause></clause></subparagraph></paragraph><paragraph id="id23BB8D893F8742FCA2AE50DD72212EB8"><enum>(2)</enum><header>Public access
and feedback for significant guidance documents</header>
<subparagraph id="id1D35A365BE9349FA9EC6AF338F30C53C"><enum>(A)</enum><header>Internet
access</header>
<clause id="id0A81DC282D614995AFD0A9A7F9BDFA90"><enum>(i)</enum><header>In
general</header><text>Each agency shall—</text>
<subclause id="id1F59794F392A4643B49F9C5707CA5BDF"><enum>(I)</enum><text>maintain on the
website for the agency, or as a link on the website of the agency to the
electronic list posted on a website of a component of the agency a list of the
significant guidance documents in effect of the agency, including a link to the
text of each significant guidance document that is in effect; and</text>
</subclause><subclause id="id56A7F6BD098647A39936AA713268A967"><enum>(II)</enum><text>not later than
30 days after the date on which a significant guidance document is issued,
update the list described in clause (i).</text>
</subclause></clause><clause id="id46F4526B31164EF8860DEADEAFAB6B98"><enum>(ii)</enum><header>List
requirements</header><text>The list described in subparagraph (A)(i)
shall—</text>
<subclause id="id565EEDA4C19E422C8CB91A5C5CFCB693"><enum>(I)</enum><text>include the name
of each—</text>
<item id="id2F9CEF32C9084692B02D6D9238B046BB"><enum>(aa)</enum><text>significant
guidance document;</text>
</item><item id="id286910A8D5F640A9BDF742ADCAF0DD00"><enum>(bb)</enum><text>document
identification number; and</text>
</item><item id="idB352289827124B4BA293E97CE6230C19"><enum>(cc)</enum><text>issuance and
revision dates; and</text>
</item></subclause><subclause id="id3AE42977F9DA40AE88161942DAD57221"><enum>(II)</enum><text>identify
significant guidance documents that have been added, revised, or withdrawn in
the preceding year.</text>
</subclause></clause></subparagraph><subparagraph id="id656967EB6AEC4F448B5B263830B924AE"><enum>(B)</enum><header>Public
feedback</header>
<clause id="idEC2DE8CE79514B6580FCC60E9DE2C62A"><enum>(i)</enum><header>In
general</header><text>Each agency shall establish and clearly advertise on the
website for the agency a means for the public to electronically submit—</text>
<subclause id="id3B85A0C4F38442C09C5247FC2836C912"><enum>(I)</enum><text>comments on
significant guidance documents; and</text>
</subclause><subclause id="idCC68B8381FF64A63819506C0D698F510"><enum>(II)</enum><text>a request for
issuance, reconsideration, modification, or rescission of significant guidance
documents.</text>
</subclause></clause><clause id="id40803098AD754F2882066BEE27ECDA19"><enum>(ii)</enum><header>Agency
response</header><text>Any comments or requests submitted under subparagraph
(A)—</text>
<subclause id="idF681A4EB5D8E4ACB82DF82E74C191FF0"><enum>(I)</enum><text>are for the
benefit of the agency; and</text>
</subclause><subclause id="id02EFCA4E65154CF6947DAEE26EEBBB2D"><enum>(II)</enum><text>shall not
require a formal response from the agency.</text>
</subclause></clause><clause id="id364882D55F1E4E95AD26A322B204BAE3"><enum>(iii)</enum><header>Office for
public comments</header>
<subclause id="idF9603E72D46444C3BB9B8280949C1996"><enum>(I)</enum><header>In
general</header><text>Each agency shall designate an office to receive and
address complaints from the public relating to—</text>
<item id="idC02289212D764AE5AB61FB9C52BD2A14"><enum>(aa)</enum><text>the
failure of the agency to follow the procedures described in this section;
or</text>
</item><item id="id3226BAAD067346AE80821F8F185C6CB7"><enum>(bb)</enum><text>the
failure to treat a significant guidance document as a binding
requirement.</text>
</item></subclause><subclause id="id1692F4359EDA442598E0BC6054FAF004"><enum>(II)</enum><header>Website</header><text>The
agency shall provide, on the website of the agency, the name and contact
information for the office designated under clause (i).</text>
</subclause></clause></subparagraph></paragraph><paragraph id="idACA2BF5934E94580ACE99291AE5E3DED"><enum>(3)</enum><header>Notice and
public comment for economically significant guidance documents</header>
<subparagraph id="id9D5593C103984268BB2F4DF93E711D01"><enum>(A)</enum><header>In
general</header><text>Except as provided in paragraph (2), in preparing a draft
of an economically significant guidance document, and before issuance of the
final significant guidance document, each agency shall—</text>
<clause id="IDc79d38b63402410aaf04ff6fcc88c723"><enum>(i)</enum><text>publish a notice
in the Federal Register announcing that the draft document is available;</text>
</clause><clause id="IDdd45f262017046d1b1b1025e82999f99"><enum>(ii)</enum><text>post the draft
document on the Internet and make a tangible copy of that document publicly
available (or notify the public how the public can review the guidance document
if the document is not in a format that permits such electronic posting with
reasonable efforts);</text>
</clause><clause id="IDfc6d242999514968aa43d693ace69d99"><enum>(iii)</enum><text>invite public
comment on the draft document; and</text>
</clause><clause id="ID8e993acb379b4d1f87f1c1582eb2d0df"><enum>(iv)</enum><text>prepare and post
on the website of the agency a document with responses of the agency to public
comments.</text>
</clause></subparagraph><subparagraph id="idC8A7393F83464D9C986182F559FEB3AD"><enum>(B)</enum><header>Exceptions</header><text>In
consultation with the Administrator, an agency head may identify a particular
economically significant guidance document or category of such documents for
which the procedures of this subsection are not feasible or appropriate.</text>
</subparagraph></paragraph><paragraph id="id90E069345B1946DCA8D4D46C56E752BA"><enum>(4)</enum><header>Emergencies</header>
<subparagraph id="id3782836661594EF58256863FC803075B"><enum>(A)</enum><header>In
general</header><text>In emergency situations or when an agency is obligated by
law to act more quickly than normal review procedures allow, the agency shall
notify the Administrator as soon as possible and, to the extent practicable,
comply with this subsection.</text>
</subparagraph><subparagraph id="id138158D49CF64B0CBBCBCD3EBE4112A2"><enum>(B)</enum><header>Significant
guidance documents subject to statutory or court-imposed
deadline</header><text>For a significant guidance document that is governed by
a statutory or court-imposed deadline, the agency shall, to the extent
practicable, schedule the proceedings of the agency to permit sufficient time
to comply with this subsection.</text>
</subparagraph></paragraph><paragraph id="id22DAC39BA02844BCBCD713C64D37DA82"><enum>(5)</enum><header>Effective
date</header><text>This section shall take effect 60 days after the date of
enactment of this Act.</text>
</paragraph></subsection></section><section id="id899AF642F1ED4D7B9B51803FCCCD1A1B"><enum>402.</enum><header>Reduction or
waiver of civil penalties imposed on small entities</header>
<subsection id="id04749F053B39450FA30E85CFEA740A7D"><enum>(a)</enum><header>In
general</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc-chapter" parsable-cite="usc-chapter/5/6">Chapter 6</external-xref> of title 5,
United States Code, is amended by adding at the end the following:</text>
<quoted-block display-inline="no-display-inline" id="id01B9467DC4864E8DBF2497F81B8BC4DC" style="USC">
<section id="id8333345CE9134E7F9A11E30C069EC920"><enum>613.</enum><header>Reduction or
waiver of civil penalties imposed on small entities</header>
<subsection id="id497EB090DD1B419AAECA293F11C5960E"><enum>(a)</enum><text>Upon the request
of a small entity, a Regional Advocate of the Office of Advocacy of the Small
Business Administration (referred to in this section as a <term>Regional
Advocate</term>) shall submit to an agency a request that the agency reduce or
waive a civil penalty imposed on the small entity, if the Regional Advocate
determines that—</text>
<paragraph id="id04EA70CD5DE4427BA41CC210AEF8ABCF"><enum>(1)</enum><text>the civil penalty
was the result of a first-time violation by the small entity of a requirement
to report information to the agency; and</text>
</paragraph><paragraph id="idA3F7EA0BF9CC47CCA379496F10DE5953"><enum>(2)</enum><text>the reduction or
waiver is consistent with the conditions and exclusions described in paragraphs
(1), (3), (4), (5), and (6) of section 223(b) of the Small Business Regulatory
Enforcement Fairness Act of 1996 (<external-xref legal-doc="public-law" parsable-cite="pl/104/121">Public Law 104–121</external-xref>; 110 Stat. 862).</text>
</paragraph></subsection><subsection id="idB72E7AC793BC43CF8EF1DD900B18536A"><enum>(b)</enum><text>Not later than 60
days after the receipt of a request from a Regional Advocate under subsection
(a), an agency shall send written notice of the decision of the agency with
respect to the request, together with the reasons for the decision, to the
Regional Advocate that made the request and the relevant small entity.</text>
</subsection><subsection id="idE93CC0C26F97433DB66F93C24D930388"><enum>(c)</enum><text>The Chief Counsel
for Advocacy shall submit to Congress an annual report summarizing—</text>
<paragraph id="id779803E8DAE74B7AA43D01AE84DC4B67"><enum>(1)</enum><text>the requests
received by the Regional Advocates from small entities under subsection (a);
and</text>
</paragraph><paragraph id="id2F4C4E66521E4D198CE946B1B585B761"><enum>(2)</enum><text>the requests
submitted by the Regional Advocates to agencies under subsection (a) and the
results of the
requests.</text>
</paragraph></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="ID5D526E662BF247EBB8A32FE651FAA44F"><enum>(b)</enum><header>Technical and
conforming amendment</header><text>The table of sections for chapter 6 of title
5, United States Code, is amended by adding at the end the following:</text>
<quoted-block id="ID7826032A1686420783F3B09CDC8250C0" style="USC">
<toc regeneration="no-regeneration">
<toc-entry level="section">613. Reduction or waiver of civil
penalties imposed on small
entities.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><enum>V</enum><header>Interstate
highway vehicle weight limits</header>
<section id="idCC2CD9442AD04997A7011FD27B852E1A" section-type="subsequent-section"><enum>501.</enum><header>Interstate highway
vehicle weight limits in Maine and Vermont</header><text display-inline="no-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/23/127">Section 127(a)(11)</external-xref> of title 23, United
States Code, is amended to read as follows:</text>
<quoted-block display-inline="no-display-inline" id="id9DB0832CBFF04FB79981536DFE42AB64" style="OLC">
<paragraph id="id7A38D0C276E44DEAB780C5DD14DED7FA"><enum>(11)</enum><subparagraph commented="no" display-inline="yes-display-inline" id="id78A50139DE4B4F18BC2F8EC1F3168F3E"><enum>(A)</enum><text>With respect to all
portions of the Interstate Highway System in the State of Maine, laws
(including regulations) of that State concerning vehicle weight limitations
applicable to other State highways shall be applicable in lieu of the
requirements under this subsection.</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id1B8815048EDA49F0AF28650AFA29352E" indent="up1"><enum>(B)</enum><text>With respect to all portions of the
Interstate Highway System in the State of Vermont, laws (including regulations)
of that State concerning vehicle weight limitations applicable to other State
highways shall be applicable in lieu of the requirements under this
subsection.</text>
</subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</section><enum>VI</enum><header>Ethanol
subsidies repeal</header>
<section id="ID451C5C716DA74D93B7912D648C9899F3"><enum>601.</enum><header>Elimination of
tax subsidies for ethanol fuel</header>
<subsection id="idBC367630B1AE458F87392AACA746C6B9"><enum>(a)</enum><header>Elimination of
income tax credit</header>
<paragraph id="idEAC55FC8BFD9434BAB3515C4AB4E14E0"><enum>(1)</enum><header>In
general</header><text>The table contained in section 40(h)(2) of the Internal
Revenue Code of 1986 is amended—</text>
<subparagraph id="id7346DAFD2EEC40BAAAFC9F05DBE32184"><enum>(A)</enum><text>by striking
<quote>2010</quote> and inserting <quote>the enactment date of the
<short-title>Seven Point Plan for Growing Jobs
Act</short-title></quote>,</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="idFE2EA62FBA5F46D4BD250FCA555AA493"><enum>(B)</enum><text>by adding at the
end the following:</text>
<quoted-block display-inline="no-display-inline" id="id4C3E1186418249988F49C4A65EC23BF6" style="OLC">
<table align-to-level="section" blank-lines-before="1" frame="none" line-rules="no-gen" rule-weights="4.4.4.4.0.0" subformat="S6211" table-type="3-Generic:-1-text,-1-num,-1-text">
<ttitle><?xm-replace_text {Table Title}?></ttitle>
<tgroup cols="3" grid-typeface="1.1" thead-tbody-ldg-size="10.10.10" ttitle-size="10"><colspec align="left" coldef="txt" colname="col1" colsep="1" colwidth="194" min-data-value="125" rowsep="0"></colspec><colspec align="right" coldef="fig" colname="col2" colsep="1" colwidth="93" min-data-value="10"></colspec><colspec align="left" coldef="txt" colname="col3" colsep="0" colwidth="194" min-data-value="125" rowsep="0"></colspec>
<tbody>
<row><entry align="left" colname="col1" leader-modify="force-ldr" rowsep="0" stub-definition="txt-ldr" stub-hierarchy="1">After such enactment
date</entry><entry align="right" colname="col2" leader-modify="force-ldr" rowsep="0">zero</entry><entry align="left" colname="col3" leader-modify="clr-ldr" rowsep="0">zero</entry>
</row>
</tbody>
</tgroup></table>
<after-quoted-block>.</after-quoted-block></quoted-block>
</subparagraph></paragraph><paragraph id="idED17A9414AA24C5C82A4EF631FCC272D"><enum>(2)</enum><header>Elimination of
small ethanol producer credit</header><text>Section 40(b)(4)(A) of such Code is
amended by inserting <quote>(zero after the date of the enactment of the
<short-title>Seven Point Plan for Growing Jobs
Act</short-title>)</quote> after <quote>10 cents</quote>.</text>
</paragraph></subsection><subsection id="id667B0C63BA0D41DCADF469833918858D"><enum>(b)</enum><header>Elimination of
excise tax credit or payment</header>
<paragraph id="id7E0BF6C079E04C9C884B9477A987A848"><enum>(1)</enum><text>Section
6426(b)(2)(A)(ii) of the Internal Revenue Code of 1986 is amended by inserting
<quote>(zero after the date of the enactment of the
<short-title>Seven Point Plan for Growing Jobs
Act</short-title>)</quote> after <quote>45 cents</quote>.</text>
</paragraph><paragraph id="id9BE7EEBF6F464BD6A6F5A6515FAD5F68"><enum>(2)</enum><text>Section
6427(e)(6)(A) of such Code is amended by inserting <quote>the date of the
enactment the <short-title>Seven Point Plan for Growing
Jobs Act</short-title>, in the case of any alcohol fuel mixture involving
ethanol)</quote> after <quote>2011</quote>.</text>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="IDADE8C33AF5384C4ABB6052089E8A0AA4"><enum>(c)</enum><header>Effective
Date</header><text>The amendments made by this section shall apply to any sale,
use, or removal for any period after the date of the enactment of the
Act.</text>
</subsection></section><section id="H7DD11FA076BC4175B6014B8154F321D9"><enum>602.</enum><header>Removal of
tariffs on ethanol</header>
<subsection id="H512BC077DD8C45009DD21C239FA405D9"><enum>(a)</enum><header>Duty-Free
treatment</header><text display-inline="yes-display-inline">Chapter 98 of the
Harmonized Tariff Schedule of the United States is amended by adding at the end
the following new subchapter:</text>
<quoted-block display-inline="no-display-inline" id="H62185E90A0AE43A9BAA1AB8C8125914C" style="OLC">
<table align-to-level="section" blank-lines-before="1" colsep="1" frame="all" line-rules="all-gen" rowsep="1" rule-weights="4.4.4.4.4.17" table-template-name="Duty Modification" table-type="">
<ttitle>Subchapter XXIII</ttitle>
<tdesc>Alternative Fuels</tdesc>
<tgroup block-style="1" cols="5" grid-typeface="1.1" rowsep="1" thead-tbody-ldg-size="0.7.9"><colspec coldef="txt-no-ldr-no-spread" colname="column2" colwidth="72pts" min-data-value="33"></colspec><colspec coldef="txt" colname="column3" colwidth="96pts" min-data-value="60"></colspec><colspec coldef="txt-no-ldr-no-spread" colname="column4" colwidth="59pts" min-data-value="45"></colspec><colspec coldef="txt-no-ldr-no-spread" colname="column5" colwidth="66pts" min-data-value="45"></colspec><colspec coldef="txt-no-ldr-no-spread" colname="column6" colwidth="54pts" min-data-value="45"></colspec>
<thead>
<row><entry colname="column2" morerows="2">Heading/Subheading</entry><entry colname="column3" morerows="2">Article Description </entry><entry colname="column4" nameend="column6" namest="column4">Rates of Duty </entry>
</row>
<row><entry align="center" colname="column4" nameend="column5" namest="column4">1 </entry><entry align="center" colname="column6" morerows="1">2 </entry>
</row>
<row><entry colname="column4" morerows="0" namest="column4">General</entry><entry colname="column5" morerows="0" namest="column5">Special</entry>
</row>
</thead>
<tbody>
<row><entry align="left" colname="column2" leader-modify="clr-ldr" valign="top">9823.01.01</entry><entry align="left" colname="column3" leader-modify="force-ldr-bottom" valign="bottom">Ethyl
alcohol (provided for in subheadings 2207.10.60 and 2207.20) or any mixture
containing such ethyl alcohol (provided for in heading 2710 or 3824) if such
ethyl alcohol or mixture is to be used as a fuel or in producing a mixture of
gasoline and alcohol, a mixture of a special fuel and alcohol, or any other
mixture to be used as fuel (including motor fuel provided for in subheading
2710.11.15, 2710.19.15 or 2710.19.21), or is suitable for any such
uses</entry><entry align="left" colname="column4" leader-modify="clr-ldr" valign="bottom">Free</entry><entry align="left" colname="column5" leader-modify="clr-ldr" valign="bottom">Free</entry><entry align="left" colname="column6" leader-modify="clr-ldr" valign="bottom">20%</entry>
</row>
</tbody>
</tgroup></table>
<after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H6F9B6ADC75344658B71901F25BB2B089"><enum>(b)</enum><header>Conforming
amendments</header><text>Subchapter I of chapter 99 of the Harmonized Tariff
Schedule of the United States is amended—</text>
<paragraph id="HF9F8DC83954A4F60AFD0D74EB6B13730"><enum>(1)</enum><text>by striking
heading 9901.00.50; and</text>
</paragraph><paragraph id="H7E8F49580B9B4CA4AB6775B0CCD13DBF"><enum>(2)</enum><text>by striking U.S.
notes 2 and 3.</text>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="H589DD076C68044A78AF07E956F265BBD"><enum>(c)</enum><header>Effective
date</header><text>The amendments made by this section apply to goods entered,
or withdrawn from warehouse for consumption, on or after the 15th day after the
date of the enactment of this Act.</text>
</subsection></section><enum>VII</enum><header>Spending
limitations</header>
<section id="HCFF0D20343944F9EB8CB499608C4BAFD"><enum>701.</enum><header>Discretionary
spending limits</header><text display-inline="no-display-inline">Title III of
the Congressional Budget Act of 1974 is amended by inserting at the end the
following:</text>
<quoted-block display-inline="no-display-inline" id="H85FCEB02610E45EB90BAEC97DD76393" style="traditional">
<section id="H81D11A7195384C43B735CF4929EFC5F6"><enum>316.</enum><header>Discretionary spending limits</header><subsection commented="no" display-inline="yes-display-inline" id="idE10B397963BA492E819C63F679889796"><enum>(a)</enum><header>Discretionary
spending limits</header><text>It shall not be in order in the House of
Representatives or the Senate to consider any bill, joint resolution,
amendment, or conference report that includes any provision that would cause
the discretionary spending limits as set forth in subsection (b) to be
exceeded.</text>
</subsection><subsection id="H4FF5172E3A74476492BDE4B460AFDC45"><enum>(b)</enum><header>Limits</header><text>The
discretionary spending limits are as follows:</text>
<paragraph id="id7F59A64A0B3A4F8498ADB435D75E000E"><enum>(1)</enum><text>For fiscal year
2012—</text>
<subparagraph id="id6F5A8134F6CE4FAEAB8E98FE96F9C9A7"><enum>(A)</enum><text>for the defense
category (budget function 050), $573,612,000,000 in budget authority;
and</text>
</subparagraph><subparagraph id="id525948FF75F24D52880E929E3FC9D64C"><enum>(B)</enum><text>for the
nondefense category, $543,790,000,000 in budget authority.</text>
</subparagraph></paragraph><paragraph id="idE7B6F75D559C4D80AC26961064DFC570"><enum>(2)</enum><text>For fiscal year
2013—</text>
<subparagraph id="idC7EC328B288F45898B598EAA4A4B9B09"><enum>(A)</enum><text>for the defense
category (budget function 050), $584,421,000,000 in budget authority;
and</text>
</subparagraph><subparagraph id="id70337310AFC041DEAB7CAC4294413D57"><enum>(B)</enum><text>for the
nondefense category, $551,498,000,000 in budget authority.</text>
</subparagraph></paragraph><paragraph id="idCCE4EDD5025F4952BDA19EF68E921703"><enum>(3)</enum><text>For fiscal year
2014—</text>
<subparagraph id="id997BD5E321134296B3BB18A469B9A779"><enum>(A)</enum><text>for the defense
category (budget function 050), $595,433,680,000 in budget authority;
and</text>
</subparagraph><subparagraph id="idC8D410FDF1194A54B034A0F411D2EFBB"><enum>(B)</enum><text>for the
nondefense category, $559,315,260,000 in budget authority.</text>
</subparagraph></paragraph></subsection><subsection id="id794CC66BB7F540DDA847E88F927EFE22"><enum>(c)</enum><header>Point of order
in the Senate</header>
<paragraph id="idB9E78B5AE84B4B799F8108452474579B"><enum>(1)</enum><header>Waiver</header><text>The
provisions of this section shall be waived or suspended in the Senate
only—</text>
<subparagraph id="id7303DE07103C440DA44273020E8FEF32"><enum>(A)</enum><text>by the
affirmative vote of two-thirds of the Members, duly chosen and sworn; or</text>
</subparagraph><subparagraph id="id379FBF7C52E04FAA93E9FB6718B22EA1"><enum>(B)</enum><text>in the case of
the defense budget authority, if Congress declares war.</text>
</subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="idC47B7379A92E4231878BFCE29E41A71D"><enum>(2)</enum><header>Appeal</header><text>Appeals
in the Senate from the decisions of the Chair relating to any provision of this
section shall be limited to 1 hour, to be equally divided between, and
controlled by, the appellant and the manager of the measure. An affirmative
vote of two-thirds of the Members of the Senate, duly chosen and sworn, shall
be required to sustain an appeal of the ruling of the Chair on a point of order
raised under this
section.</text>
</paragraph></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="id3304EEEAA64F49A0883D821264CAB8BD"><enum>702.</enum><header>Adjusted gross
income limitation for recipients of farm subsidies</header><text display-inline="no-display-inline">Section
1001D of the Food Security Act of 1985 (<external-xref legal-doc="usc" parsable-cite="usc/7/1308-3a">7 U.S.C. 1308–3a</external-xref>) is amended by
striking subsection (b) and inserting the following:</text>
<quoted-block display-inline="no-display-inline" id="id0A816FCF3E974A44A5D1FE7562B2900D" style="OLC">
<subsection id="ID2a66dc6c783d4e5f90e3135ab2034d5c"><enum>(b)</enum><header>Limitation</header>
<paragraph id="idCFEE13E87E434226A9BDB0B0208F81DB"><enum>(1)</enum><header>Commodity and
conservation programs</header>
<subparagraph id="id39D8CDB260E24CC5B63583EE29300DA6"><enum>(A)</enum><header>Commodity
programs</header><text>Notwithstanding any other provision of law, an
individual or entity shall not be eligible to receive any benefit described in
paragraph (2)(A) during a crop year if the average adjusted gross income of the
individual or entity, or the average adjusted gross income of the individual
and spouse of the individual, exceeds—</text>
<clause id="idC28960F486464C8DB1B666199930CEEE"><enum>(i)</enum><text>$250,000, if less
than 66.66 percent of the average adjusted gross income of the individual or
entity, or the average adjusted gross income of the individual and spouse of
the individual, is derived from farming, ranching, or forestry operations, as
determined by the Secretary; or</text>
</clause><clause id="id0B4241590D7E403CBE683003B5090903"><enum>(ii)</enum><text>$750,000.</text>
</clause></subparagraph><subparagraph id="id783A347C580745608BC062A0AE5937A2"><enum>(B)</enum><header>Conservation
programs</header><text>Notwithstanding any other provision of law, an
individual or entity shall not be eligible to receive any benefit described in
paragraph (2)(B) during a crop year if the average adjusted gross income of the
individual or entity, or the average adjusted gross income of the individual
and spouse of the individual, exceeds $2,500,000, unless not less than 75
percent of the average adjusted gross income of the individual or entity, or
the average adjusted gross income of the individual and spouse of the
individual, is derived from farming, ranching, or forestry operations, as
determined by the Secretary.</text>
</subparagraph></paragraph><paragraph id="id3853D9442FC74CB39AE716FCBDA981AF"><enum>(2)</enum><header>Covered
benefits</header>
<subparagraph id="idD5BFBF86275D4A0782FD95573BBE4976"><enum>(A)</enum><header>In
general</header><text>Paragraph (1)(A) applies with respect to the
following:</text>
<clause id="idA39D13134BAD48BF88C7B646B057DCB5"><enum>(i)</enum><text>A
direct payment or counter-cyclical payment under subtitle A or C of title I of
the <short-title>Food, Conservation, and Energy Act of
2008</short-title> (<external-xref legal-doc="usc" parsable-cite="usc/7/8711">7 U.S.C. 8711 et seq.</external-xref>).</text>
</clause><clause id="id1867900A5446446389C10DCD6E9BEA1A"><enum>(ii)</enum><text>A marketing loan
gain or loan deficiency payment under subtitle B or C of title I of the
<short-title>Food, Conservation, and Energy Act of
2008</short-title> (<external-xref legal-doc="usc" parsable-cite="usc/7/8731">7 U.S.C. 8731 et seq.</external-xref>).</text>
</clause><clause id="id2C6E81AB3D4E4CD9B21954CDBEDFA066"><enum>(iii)</enum><text>An average crop
revenue payment under section 1105 of the <short-title>Food, Conservation, and Energy Act of 2008</short-title>
(<external-xref legal-doc="usc" parsable-cite="usc/7/8715">7 U.S.C. 8715</external-xref>).</text>
</clause></subparagraph><subparagraph id="idC0589892AD9E48DB84D749ADC0D49011"><enum>(B)</enum><header>Conservation
programs</header><text>Paragraph (1)(B) applies with respect to a payment under
any program under—</text>
<clause id="id86BB924F0EE844BDBFDF0E31D428E110"><enum>(i)</enum><text>title XII of this
Act;</text>
</clause><clause id="idE09AD1E29CF243CAAED1FE735870A60A"><enum>(ii)</enum><text>title II of the
Farm Security and Rural Investment Act of 2002 (<external-xref legal-doc="public-law" parsable-cite="pl/107/171">Public Law 107–171</external-xref>; 116 Stat.
223); or</text>
</clause><clause id="id19C74A2D925345739C7991E46C41A471"><enum>(iii)</enum><text>title II of the
<short-title>Food, Conservation, and Energy Act of
2008</short-title> (<external-xref legal-doc="public-law" parsable-cite="pl/110/246">Public Law 110–246</external-xref>; 122 Stat. 1753).</text>
</clause></subparagraph></paragraph><paragraph id="H179127A1CF904E628B339BC410CB0085"><enum>(3)</enum><header>Income derived
from farming, ranching or forestry operations</header><text display-inline="yes-display-inline">In determining what portion of the average
adjusted gross income of an individual or entity is derived from farming,
ranching, or forestry operations, the Secretary shall include income derived
from—</text>
<subparagraph id="H73995CA8B9CA40C30009A0F1009B811D"><enum>(A)</enum><text>the production of
crops, livestock, or unfinished raw forestry products;</text>
</subparagraph><subparagraph id="H11BD693089FA474B8373E92039272EA"><enum>(B)</enum><text>the sale, including
the sale of easements and development rights, of farm, ranch, or forestry land
or water or hunting rights;</text>
</subparagraph><subparagraph id="HD5E0C5A3FECE4FA4959D33FCEDB68718"><enum>(C)</enum><text>the sale of
equipment to conduct farm, ranch, or forestry operations;</text>
</subparagraph><subparagraph id="H4039168AC3B14F7787F65CF5F498C848"><enum>(D)</enum><text>the rental or
lease of land used for farming, ranching, or forestry operations, including
water or hunting rights;</text>
</subparagraph><subparagraph id="HCE366D4227A24D1AB8002CCC52889EFA"><enum>(E)</enum><text>the provision of
production inputs and services to farmers, ranchers, and foresters;</text>
</subparagraph><subparagraph id="H22E0861664E04AD3A4E42B4E6B2C34E"><enum>(F)</enum><text>the processing
(including packing), storing (including shedding), and transporting of farm,
ranch, and forestry commodities;</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="H43E3A999785F4BA1B3AD4117EB8663C"><enum>(G)</enum><text>the sale of land
that has been used for agriculture; and</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="idED3BFBB8C9084C6EBF6C292507B6B43A"><enum>(H)</enum><text>payments or other
income attributable to benefits received under any program authorized under
title I or II of the <short-title>Food, Conservation, and
Energy Act of 2008</short-title> (7 U.S.C. 8702 et
seq.).</text>
</subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section>