CORPORATIONS

Amendments

SEC: limit collection of certain fees and adjust compensation for employees (H.R. 1088), H3069, H3072 [12JN], H3174 [14JN]

———limit collection of certain fees and adjust compensation for employees (S. 143), S2784, S2785, S2788 [22MR]

Articles and editorials

At the Trough—Welfare Checks to Big Business Make No Sense, S13838 [20DE]

Real Relief—A Capital-Gains Tax Cut, S5044 [17MY]

Bills and resolutions

Aviation: permit carriers to meet and discuss their schedules in order to reduce flight delays (see H.R. 1407), H1482 (see H.R. 1407), H1492 [4AP]

Business and industry: require certain parent corporations of Federal contractors to provide health care benefits to retired employees of the contractor (see H.R. 1691), H1860 [2MY]

Community service: encourage contributions to faith-based organizations (see H. Con. Res. 170), H3358 [20JN]

Computers: encourage disclosure and exchange of information relative to cyber security of critical infrastructure (see H.R. 2435), H3861 [10JY]

Economic Growth and Tax Relief Reconciliation Act: change due date for corporate estimated taxes (see H.R. 2825), H5338 [2AU]

Employment: require U.S. nationals employing more than 20 persons in a foreign country to implement a corporate code of conduct relative to the employment of those persons (see H.R. 2782), H5336 [2AU]

Federal aid programs: eliminate Federal subsidies (see H.R. 1888), H2333 [17MY]

Political campaigns: require disclosure of funding sources for certain candidate advocacy advertising (see H.R. 156), H60 [6JA]

SEC: limit collection of certain fees (see H.R. 1311), H1344 [29MR] (see H.R. 1480), H1486 (see H.R. 1480), H1496 [4AP]

———limit collection of certain fees and adjust compensation for employees (see S. 143), S101 [22JA] (see H.R. 1088), H959 [19MR]

———limit collection of certain fees and adjust compensation for employees (H.R. 1088), consideration (see H. Res. 161), H3066 [12JN]

Taxation: allow a bonus deduction for depreciable business assets (see S. 1553), S10769 [16OC]

———allow tax credits for donations of computers to community and senior centers (see S. 292), S1218 [8FE]

———apply look-thru rules for purposes of the foreign tax credit limitation to dividends from foreign corporations not controlled by a domestic corporation (see H.R. 666), H396 [14FE]

———clarify that personal service corporations may continue to use the cash method of accounting (see H.R. 1317), H1344 [29MR]

———deny employers a deduction for payments of excessive compensation (see H.R. 2691), H4948 [31JY]

———disallow benefits claimed to arise from corporate transactions without substantial economic substance (see H.R. 2520), H4111 [17JY]

———encourage foundational and corporate charitable contributions (see S. 1300), S8575 [1AU]

———enhance the portability of retirement benefits (see H.R. 155), H60 [6JA]

———exempt transfers of family-owned businesses from estate taxes (see H.R. 1210), H1121 [26MR] (see H.R. 1376), H1409 [3AP]

———expand incentives for construction and renovation of public schools (see S. 905), S5005 [16MY] (see H.R. 1076), H954 [15MR]

———expand incentives for construction and renovation of public schools (H.R. 1076), consideration (see H. Res. 146), H2679 [23MY]

———expand S corporation eligibility for banks (see S. 936), S5542 [23MY] (see H.R. 1263), H1294 [28MR]

———prevent companies from reinsuring income in Bermuda or other tax havens to avoid paying U.S. income tax (see H.R. 1755), H2021 [8MY]

———provide additional retirement savings opportunities for small employers and self-employed individuals (see H.R. 738), H441 [27FE]

———provide comparable unrelated business taxable income treatment to tax-exempt organizations with interests in S corporations to treatment of such organizations with interests in partnerships (see H.R. 2846), H5454 [6SE]

———provide corporate income tax rate reductions (see H.R. 872), H648 [6MR]

———provide for an election for special tax treatment of certain S corporation conversions (see H.R. 2337), H3711 [27JN]

———provide for employee benefits for work site employees of certain corporations operating on a cooperative basis (see H.R. 3361), H8564 [28NO]

———provide incentives for investing in companies involved in space-related activities (see H.R. 2504), H4013 [16JY]

———provide incentives for the ownership and control of corporations by employees (see H.R. 2416), H3804 [28JN]

———provide tax credits for Indian investment and employment (see H.R. 177), H61 [6JA]

———provide tax credits for Indian reservation economic development (see S. 558), S2388 [15MR]

———reduce alternative minimum tax rates (see H.R. 873), H648 [6MR]

———reduce capital gains rates and index the basis of certain assets (see H.R. 15), H25 [3JA]

———repeal alternative minimum tax (see S. 492), S2070 [8MR] (see H.R. 437), H220 [7FE] (see H.R. 871), H648 [6MR]

———repeal alternative minimum tax on individuals and raise the exemption for small businesses from such tax (see S. 616), S2894 [26MR]

———repeal corporate income tax and estate and gift taxes, impose flat tax on earned income of individuals, and provide amnesty for tax liability from prior taxable years (see H.R. 2313), H3618 [26JN]

———repeal personal holding company tax (see H.R. 1728), H1924 [3MY]

———S corporation reform (see S. 1201), S7955 [19JY] (see H.R. 2576), H4352 [19JY]

———simplify Internal Revenue Code through revenue neutral proposals (see H.R. 2529), H4112 [17JY]

———spur job growth by reducing capital gains rates and making the Economic Growth and Tax Relief Act permanent (see H.R. 2599), H4428 [23JY]

———temporarily reduce capital gains rates (see H.R. 2293), H3465 [21JN]

———treatment of capital gains earned by designated settlement funds (see H.R. 1301), H1344 [29MR]

———treatment of certain reinvested gains by S corporations (see H.R. 3124), H6780 [12OC]

———treatment of cooperative housing corporations (see H.R. 1788), H2082 [9MY]

———treatment of corporate reorganization or division (see S. 1158), S7426 [10JY] (see S. 1279), S8464 [31JY]

———treatment of distributions from publicly traded partnerships (see S. 1141), S7193 [29JN] (see H.R. 1463), H1485 (see H.R. 1463), H1495 [4AP]

———treatment of investments in Puerto Rico (see S. 1475), S9875 [26SE] (see H.R. 2550), H4215 [18JY]

———treatment of swap fund transactions (see H.R. 1785), H2082 [9MY] (see H.R. 2406), H3804 [28JN]

Descriptions

Subchapter S Modernization Act (S. 1201), S7960-S7962 [19JY]

Explanations

Abusive Tax Shelter Shutdown Act (H.R. 2520), H4024-H4028 [17JY]

Letters

Encourage disclosure and exchange of information relative to cyber security of critical infrastructure: several technology businesses and associations, E1293 [10JY]

International Trade Administration trade agreement compliance funding: several Senators, S1741 [1MR]

Investor and Capital Markets Fee Relief Act: Laura S. Unger, SEC, H3176 [14JN]

———Representative Combest, Committee on Agriculture (House), H3165 [14JN]

———Representative Oxley, Committee on Financial Services (House), H3165 [14JN]

———Representative Thomas, Committee on Ways and Means (House), H3165 [14JN]

Subchapter S Modernization Act: several organizations, S7960 [19JY]

Questions and answers

Why information sharing is essential for critical infrastructure protection, E1294 [10JY]

Remarks in House

Allstate Insurance Co.: Phoenix Award recipient, E787 [10MY]

Community service: encourage contributions to faith-based organizations, H3452-H3463 [21JN], H4251 [19JY]

———encourage contributions to faith-based organizations (H. Con. Res. 170), H3811-H3818 [10JY]

Computers: encourage disclosure and exchange of information relative to cyber security of critical infrastructure (H.R. 2435), E1292 [10JY]

Marietta, GA: anniversary of Lockheed Martin Aeronautical Systems Co., E538 [4AP]

Pensions: protect benefits of employees in defined benefit plans and enforce age discrimination requirements relative to tax legislation on defined benefit plans becoming cash balance plans, H1818, H1819, H1825, H1826 [2MY]

SEC: limit collection of certain fees and adjust compensation for employees, H4158, H4159 [18JY]

———limit collection of certain fees and adjust compensation for employees (H.R. 1088), H3159-H3182 [14JN], E393 [20MR]

———limit collection of certain fees and adjust compensation for employees (H.R. 1088), consideration (H. Res. 161), H3156 [14JN]

Taxation: apply look-thru rules for purposes of the foreign tax credit limitation to dividends from foreign corporations not controlled by a domestic corporation (H.R. 666), E196 [14FE]

———capital gains rates, H5458 [10SE], H6440 [9OC]

———deny employers a deduction for payments of excessive compensation (H.R. 2691), E1481 [1AU]

———disallow benefits claimed to arise from corporate transactions without substantial economic substance (H.R. 2520), H4023 [17JY]

———expand incentives for construction and renovation of public schools (H.R. 1076), H3079, H3080, H3137-H3141 [13JN], H3183 [14JN]

———prevent companies from reinsuring income in Bermuda or other tax havens to avoid paying U.S. income tax (H.R. 1755), E755 [8MY]

———provide additional retirement savings opportunities for small employers and self-employed individuals, H1790 [2MY]

———provide additional retirement savings opportunities for small employers and self-employed individuals (H.R. 738), E237 [28FE]

———provide corporate income tax rate reductions (H.R. 872), E287 [6MR]

———reduce alternative minimum tax rates (H.R. 873), E289 [6MR]

———repeal alternative minimum tax (H.R. 871), E287 [6MR]

———repeal corporate alternative minimum tax, H7255, H7269-H7271 [24OC], E1926 [25OC]

———S corporation reform (H.R. 2576), E1380 [20JY]

———simplify Internal Revenue Code through revenue neutral proposals (H.R. 2529), E1347 [17JY]

———treatment of distributions from publicly traded partnerships (H.R. 1463), E566 [5AP]

———treatment of investments in Puerto Rico (H.R. 2550), E1358, E1359 [18JY]

———treatment of swap fund transactions (H.R. 1785), E765 [10MY]

Remarks in Senate

Foreign trade: national objectives priority assignments, S3798-S3800 [24AP]

International Trade Administration: trade agreement compliance funding, S1741 [1MR]

———trade agreement compliance funding through reductions in TV Marti funding, S9234-S9237 [10SE], S9359 [13SE]

Political campaigns: require disclosure of use of labor organization dues and fees or corporate funds for political activities, S2651-S2656 [21MR], S2682-S2686 [22MR]

———require worker or shareholder approval for use of labor organization dues and fees or corporate funds for political activities, S2631-S2651 [21MR]

SEC: limit collection of certain fees and adjust compensation for employees (H.R. 1088), S8893, S8894 [3AU], S13830, S13925 [20DE]

———limit collection of certain fees and adjust compensation for employees (S. 143), S415 [22JA], S2785-S2789 [22MR]

Taxation: allow a bonus deduction for depreciable business assets (S. 1553), S10770 [16OC]

———allow tax credits for donations of computers to community and senior centers (S. 292), S1223 [8FE]

———capital gains rates, S5043, S5072, S5073 [17MY], S5185-S5190, S5246, S5247 [21MY]

———expand incentives for construction and renovation of public schools (S. 905), S5019 [16MY]

———expand S corporation eligibility for banks (S. 936), S5544 [23MY]

———provide tax credits for Indian reservation economic development (S. 558), S2412 [15MR]

———repeal alternative minimum tax on individuals and raise the exemption for small businesses from such tax (S. 616), S2899, S2900 [26MR]

———S corporation reform (S. 1201), S7959-S7963 [19JY]

———treatment of corporate reorganization or division (S. 1158), S7428 [10JY]

———treatment of corporate reorganization or division (S. 1279), S8477 [31JY]

———treatment of investments in Puerto Rico (S. 1475), S9881 [26SE]

Reports filed

Competitive Market Supervision Act: Committee on Banking, Housing, and Urban Affairs (Senate) (S. 143) (S. Rept. 107-3), S2305 [14MR]

Consideration of H.R. 1088, Investor and Capital Markets Fee Relief Act: Committee on Rules (House) (H. Res. 161) (H. Rept. 107-97), H3066 [12JN]

Investor and Capital Markets Fee Relief Act: Committee on Financial Services (House) (H.R. 1088) (H. Rept. 107-52), H1714 [1MY]

Permit Air Carriers To Meet and Discuss Their Schedules in Order To Reduce Flight Delays: Committee on the Judiciary (House) (H.R. 1407) (H. Rept. 107-77), H3801 [28JN]

Permit Carriers To Meet and Discuss Their Schedules in Order To Reduce Flight Delays: Committee on Transportation and Infrastructure (House) (H.R. 1407) (H. Rept. 107-77), H2677 [23MY]

Summaries

Competitive Market Supervision Act (S. 143), S418 [22JA]

Small Business and Financial Institutions Tax Relief Act (S. 936), S5546 [23MY]

Subchapter S Modernization Act (H.R. 2576), E1380-E1382 [20JY]

Texts of

H. Con. Res. 170, encourage corporate contributions to faith-based organizations, H3811 [10JY]

H. Res. 161, consideration of H.R. 1088, Investor and Capital Markets Fee Relief Act, H3156 [14JN]

H.R. 1088, Investor and Capital Markets Fee Relief Act, H3159, H3161-H3164 [14JN]

S. 143, Competitive Market Supervision Act, S416-S418 [22JA], S2789-S2792 [22MR]

S. 292, Community Technology Assistance Act, S1223 [8FE]

S. 558, Indian Reservation Economic Investment Act, S2412-S2414 [15MR]

S. 616, Real AMT Relief Act, S2899 [26MR]

S. 936, Small Business and Financial Institutions Tax Relief Act, S5545 [23MY]

S. 1158, tax treatment of corporate reorganization or division, S7429 [10JY]

S. 1279, tax treatment of corporate reorganization or division, S8477 [31JY]

S. 1553, Economic Stimulus Through Bonus Depreciation Act, S10771 [16OC]