CORPORATIONS see also Business and Industry

Amendments

Budget: limit sequestration by replacing certain spending cuts and eliminating tax loopholes (S. 388), S1053 [28FE]

Articles and editorials

Bush Sets Up Foundation To Start Model Schools, S3365 [13MY]

Bills and resolutions

Antitrust policy: make antitrust laws applicable to political committees under the Federal Election Campaign Act established and administered by a separate segregated fund of a corporation (see H.R. 1113), H1394 [13MR]

Armed Forces: restore full working-age military retiree cost-of-living adjustment by closing tax loopholes for offshore corporations (see H.R. 3793), H8125 [19DE]

Budget: alleviate the sequester through offsets from restricting use of abusive tax shelters and offshore tax havens to inappropriately avoid Federal taxation (see H.R. 3666), H7566 [5DE]

——— limit sequestration by replacing certain spending cuts and eliminating tax loopholes (see S. 388), S871 [26FE]

——— reduce the deficit and protect important programs by ending tax loopholes (see S. 268), S589 [11FE]

——— replace the sequester by eliminating tax loopholes (see S. 277, 278), S590 [11FE]

Business and industry: develop and recruit new, high-value jobs to the U.S. and encourage the repatriation of jobs that have been off-shored to other countries (see S. 1615), S7673 [30OC]

——— repeal disclosure requirements that allow for comparison of executive compensation to that of other employees (see H.R. 1135), H1395 [13MR]

Buy American Act: clarify applicability to products purchased for use of legislative branch and prohibit exceptions for products bearing an official congressional insignia (see H.R. 194), H51 [4JA]

Committee on Homeland Security and Governmental Affairs (Senate): authorize release of Permanent Subcommittee on Investigations records on offshore profit shifting and the U.S. Tax Code (see S. Res. 62), S944 [27FE]

Constitutional amendments: clarify application of the words people, person, or citizen in the Constitution to corporations, limited liability companies or other corporate entities (see H.J. Res. 21), H222 [22JA]

——— clarify authority of Congress and the States to limit corporate spending in elections (see S.J. Res. 18), S4585 [18JN]

——— clarify authority of Congress and the States to regulate the expenditure of funds for political activity by corporations (see H.J. Res. 25), H413 [6FE]

——— exclude corporations from rights given to natural persons, prohibit corporate spending on elections, and affirm power of Congress and States to regulate corporations and elections (see S. 525), S1710 [12MR] (see S.J. Res. 11), S1786 [13MR] (see H.J. Res. 34), H1357 [12MR]

——— exclude from rights given to natural persons and affirm power of Congress and States to regulate political contributions and expenditures (see H.J. Res. 29), H547 [14FE]

Contracts: extend ban on contributions by certain Government contractors to other for-profit recipients of Federal funds and limit contributions by employees of such recipients of Federal funds (see H.R. 1114), H1394 [13MR]

Courts: provide for Federal civil liability for trade secret misappropriation in certain circumstances (see S. 1770), S8457 [21NO]

Credit: create a Federal charter for Internet consumer credit corporations (see H.R. 1566), H2025 [15AP]

Crime: require disclosure of beneficial owners of newly incorporated entities to prevent exploitation for criminal gain and assist law enforcement with terrorism and money laundering prevention (see S. 1465), S6207 [1AU] (see H.R. 3331), H6768 [23OC]

Dept. of Labor: list employers that relocate call centers overseas, make such companies ineligible for Federal grants and loans, and require call center employees to disclose their physical location (see S. 1565), S7063 [30SE] (see H.R. 2909), H5341 [1AU]

Elections: constitutional amendment on contributions and expenditures by corporations and other business organizations intended to affect elections (see H.J. Res. 13, 14), H53 [4JA]

——— constitutional amendment on contributions and expenditures by corporations or labor organizations intended to affect elections (see S.J. Res. 5), S329 [28JA]

Federal agencies and departments: eliminate corporate welfare programs (see H.R. 1567), H2025 [15AP]

Federal employees: provide a corporate responsibility investment option under the Thrift Savings Plan (see S. 1746), S8361 [20NO] (see H.R. 3563), H7310 [20NO]

Financial institutions: address the concept of ‘‘Too Big To Fail’’ through improved regulation and breaking up large banks in order to prevent future Government bailouts (see S. 685), S2501 [9AP] (see H.R. 1450), H1857 [9AP]

——— provide a process to allow financial institutions to go bankrupt (see S. 1861), S9051 [19DE]

——— require certain systemically important entities to account for financial benefits received due to the expectation that the Government will shield them from losses in the event of failure (see H.R. 2266), H3215 [5JN]

NIH: making supplemental appropriations by closing a corporate jet depreciation tax loophole (see H.R. 3336), H6768 [23OC]

Olympic Games: discourage ambush marketing by entities that adversely effect the ability of Team USA to attract sponsorships (see S. Res. 289), S7927 [7NO]

Petroleum: eliminate unnecessary oil tax credits and subsidies for major oil companies to reduce the national debt (see H.R. 2956), H5343 [1AU]

Political campaigns: apply the ban on contributions and expenditures by foreign nationals to domestic corporations in which foreign principals have an ownership interest (see H.R. 1117), H1395 [13MR]

——— prevent funding provided through the FRS from being made available to corporations that finance political campaigns or political propaganda (see H.R. 1119), H1395 [13MR]

——— prohibit corporations which employ or retain registered lobbyists from making expenditures or disbursements for electioneering communications (see H.R. 1118), H1395 [13MR]

——— provide for additional disclosure requirements for corporations, labor organizations, and other entities (see H.R. 148), H32 [3JA]

——— reassert congressional authority to restrict spending by corporations and labor organizations on campaigns for elections for Federal office (see H.R. 1338), H1822 [21MR]

——— require corporations and labor organizations to disclose to shareholders and or members amounts disbursed for certain political activity (see H.R. 2670), H4482 [11JY]

——— require disclosure to shareholders of any expenditure made by companies in support of or in opposition to any candidate for Federal, State, or local public office (see H.R. 2214), H2964 [24MY]

——— require shareholder authorization before a public company may make certain political expenditures (see S. 824), S3028 [25AP]

Public Company Accounting Oversight Board: promote transparency by making disciplinary proceedings open to the public (see S. 848), S3029 [25AP]

SEC: exempt inter-affiliate swaps from certain regulatory requirements put in place under the Wall Street Reform and Consumer Protection Act (see H.R. 677), H501 [13FE]

——— prohibit national securities exchanges from effecting any transaction in a security issued by a corporation unless such corporation is in compliance with the Federal Election Campaign Act (see H.R. 1115), H1394 [13MR]

——— require disclosure of the total number of a company’s domestic and foreign employees (see H.R. 790), H595 [15FE]

——— revise reporting requirements to require public companies to report certain expenditures made to influence public opinion on matters other than the company’s products and services (see H.R. 1112), H1394 [13MR]

Taxation: allow a deduction for patent box profit from the use of U.S. patents (see H.R. 2605), H4174 [28JN]

——— allow a temporary dividends received deduction for certain taxable years (see H.R. 2862), H5173 [30JY]

——— allow qualified scholarship funding corporations to access tax-exempt financing for alternative private student loans (see H.R. 2573), H4173 [28JN]

——— deny tax deductions for corporate regulatory violations (see S. 1654), S7829 [5NO]

——— disallow deduction for income attributable to domestic oil and gas production activities of major integrated oil companies (see H.R. 1426), H1856 [9AP]

——— end deferral of foreign source income of U.S. companies, close certain foreign tax credit loopholes, prevent U.S. tax avoidance, and eliminate tax loopholes for big oil companies (see S. 250), S519 [7FE]

——— expand availability of employee stock ownership plans in S corporations (see S. 742), S2684 [16AP]

——— expand denial of deduction for certain excessive employee remuneration (see S. 1476), S6208 [1AU]

——— impose an excise tax on corporate contributions to political committees and corporate expenditures on political advocacy campaigns (see H.R. 1111), H1394 [13MR]

——— jointly address corporate and pass-through entity tax reform in a fiscally responsible manner and reduce rate differences between such entities while maintaining adequate forms of organization for businesses (see H. Res. 359), H5833 [25SE]

——— limit deductibility of excessive rates of executive compensation (see H.R. 199), H52 [4JA]

——— make permanent the reduced recognition period for built-in gains for S corporations (see S. 1855), S8976 [18DE]

——— prevent corporations from exploiting tax treaties to evade taxation of U.S. income (see H.R. 1556), H2025 [15AP]

——— prevent U.S. tax avoidance on foreign income by corporations (see H.R. 694), H545 [14FE]

——— provide Federal contracting preferences for, and a reduction in income tax rates on, patriot corporations (see H.R. 929), H815 [28FE]

——— provide for identification of corporate tax haven countries and increased penalties for tax evasion practices in haven countries that ship U.S. jobs overseas (see H.R. 2740), H4724 [18JY]

——— provide for logical flow of tax return information between partnerships, corporations, trusts, estates, and individuals and modify certain due dates and extension periods (see S. 420), S1011 [28FE] (see H.R. 901), H814 [28FE]

——— provide for S corporation reform (see H.R. 892), H814 [28FE]

——— provide individual and corporate income tax relief and extend total bonus depreciation (see H.R. 2373), H3652 [14JN]

——— provide that income attributable to certain passenger cruises beginning or ending in the U.S. be treated as effectively connected with the conduct of a trade or business within the U.S. (see S. 1449), S6207 [1AU]

——— reduce international tax avoidance and restore a level playing field for U.S. businesses (see H.R. 1555), H2025 [15AP]

——— repeal tax deferral on income of controlled foreign corporations attributable to imported property (see S. 561), S1853 [14MR] (see H.R. 1086), H1356 [12MR]

——— restrict use of abusive tax shelters and offshore tax havens to inappropriately avoid Federal taxation (see S. 1533), S6647 [19SE] (see H.R. 1554), H2025 [15AP]

——— terminate certain energy tax subsidies and lower the corporate income tax rate (see H.R. 259), H168 [15JA] (see H.R. 1569), H2025 [15AP]

Wall Street Reform and Consumer Protection Act: technical corrections (see S. 451), S1126 [5MR]

Cloture motions

Budget: limit sequestration by replacing certain spending cuts and eliminating tax loopholes (S. 388), motion to proceed, S849 [26FE], S991 [28FE]

Letters

Cut Unjustified Tax (CUT) Loopholes Act: several public interest organizations, S2115 [21MR]

Supreme Court decision in Citizens United v. FEC on corporate political contributions used for political speech: several Maryland legislators, E456 [15AP]

Lists

National organizations supporting the Cut Unjustified Tax (CUT) Loopholes Act, S2115 [21MR]

State and local organizations supporting the Cut Unjustified Tax (CUT) Loopholes Act, S2116 [21MR]

Motions

Budget: limit sequestration by replacing certain spending cuts and eliminating tax loopholes (S. 388), S849 [26FE]

Remarks in House

Alcoa Inc.: anniversary, E1403 [30SE]

Bangladesh Fire and Building Safety Agreement: signing and enforcement by fashion industry corporate leaders to prevent future garment industry disasters, H2407 [6MY], H2608, H2624 [15MY]

Budget: limit sequestration by replacing certain spending cuts and eliminating tax loopholes (S. 388), H994 [6MR]

Constitutional amendments: clarify application of the words people, person, or citizen in the Constitution to corporations, limited liability companies or other corporate entities (H.J. Res. 21), H182 [22JA]

Crime: require disclosure of beneficial owners of newly incorporated entities to prevent exploitation for criminal gain and assist law enforcement with terrorism and money laundering prevention (H.R. 3331), E1565 [23OC]

Dept. of the Interior: prohibit granting new drilling rights on public lands to major integrated oil companies unless such companies agree not to claim the domestic production activities tax credit, H7278 [20NO]

ExxonMobil Corp.: shareholder vote to strike down proposal to prohibit discrimination on the basis of sexual orientation or gender identity, H3106 [5JN]

Gulfstream Aerospace Corp.: tribute to Student Leadership Program, E1253 [9SE]

Hoerbiger Corp. of America: anniversary, H1385 [13MR]

Miller, Representative George: report on trip to Bangladesh, H3099 [5JN]

Mining and mineral resources: prohibit mineral exploration or mining permits to persons, corporations, and subsidiaries convicted of violating sanctions laws, H5621, H5622 [18SE]

NRA: listing on website of individuals and organizations that allegedly hold anti-gun positions relative to repeal of Handgun Violence Prevention Act, H352 [5FE], H699 [27FE]

Rio Tinto (company): violation of sanctions against Iran, H5852, H5853 [26SE]

Small business: repeal expansion of information reporting requirements for certain payments to corporations, H5371 [2AU]

Supreme Court: constitutional amendment to overturn decision in Citizens United v. FEC on corporate political contributions used for political speech, H10, H15, H17 [3JA]

——— decision in American Tradition Partnership, Inc., v. Bullock on corporate spending in Montana political campaigns, H631 [26FE]

——— decision in Citizens United v. FEC on corporate political contributions used for political speech, H631 [26FE], E456 [15AP]

Taxation: disallow deduction for income attributable to domestic oil and gas production activities of major integrated oil companies (H.R. 1426), H1876 [10AP]

——— provide Federal contracting preferences for, and a reduction in income tax rates on, patriot corporations (H.R. 929), H2234 [23AP]

——— provide individual and corporate income tax relief and extend total bonus depreciation (H.R. 2373), H3594 [14JN]

——— terminate certain energy tax subsidies and reform the corporate income tax rate, H6665 [22OC]

Vienna, VA: Fairfax County Chamber of Commerce Outstanding Corporate Citizenship Award recipients, E997 [28JN]

Wall Street Reform and Consumer Protection Act: impact, H3022 [4JN]

Wal-Mart Stores, Inc.: alleged responsibility for deadly factory fire in Bangladesh, H7451 [4DE]

Remarks in Senate

Bangladesh Fire and Building Safety Agreement: signing and enforcement by fashion industry corporate leaders to prevent future garment industry disasters, S3563 [16MY]

Budget: limit sequestration by replacing certain spending cuts and eliminating tax loopholes, S8945 [18DE]

——— limit sequestration by replacing certain spending cuts and eliminating tax loopholes (S. 388), S819, S836–S844, S847 [26FE]

——— limit sequestration by replacing certain spending cuts and eliminating tax loopholes (S. 388), motion to proceed, S849 [26FE], S882, S884–S887, S905, S910 [27FE], S959–S961, S967, S970–S993, S1006 [28FE]

——— limit sequestration by replacing certain spending cuts and eliminating tax loopholes (S. 388), unanimous-consent request, S970, S986 [28FE]

——— reduce deficit by eliminating corporate tax loopholes, S8035 [14NO]

——— reduce the deficit and protect important programs by ending tax loopholes (S. 268), S590–S594 [11FE], S2114–S2118 [21MR], S3826, S3829 [23MY]

——— replace the sequester by eliminating tax loopholes (S. 278), S3828, S3829 [23MY]

Climate: impact of large corporations on climate change, S7363 [10OC], S7988 [13NO]

Committee on Homeland Security and Governmental Affairs (Senate): authorize release of Permanent Subcommittee on Investigations records on offshore profit shifting and the U.S. Tax Code (S. Res. 62), S957 [27FE]

Crime: require disclosure of beneficial owners of newly incorporated entities to prevent exploitation for criminal gain and assist law enforcement with terrorism and money laundering prevention (S. 1465), S6229–S6234 [1AU]

Economy: reform the financial regulatory system of the U.S., S994–S996 [28FE]

Financial institutions: address the concept of ‘‘Too Big To Fail’’ through improved regulation and breaking up large banks in order to prevent future Government bailouts, S8627 [11DE]

Political campaigns: provide for additional disclosure requirements for corporations, labor organizations, and other entities (H.R. 148), S3546 [16MY]

Public Company Accounting Oversight Board: promote transparency by making disciplinary proceedings open to the public (S. 848), S3041 [25AP]

Taxation: deny tax deductions for corporate regulatory violations (S. 1654), S7831 [5NO]

——— expand denial of deduction for certain excessive employee remuneration (S. 1476), S6235 [1AU]

——— impact of closure of corporate jet depreciation loophole, S991 [28FE]

——— provide that income attributable to certain passenger cruises beginning or ending in the U.S. be treated as effectively connected with the conduct of a trade or business within the U.S. (S. 1449), S6222 [1AU]

——— reduce the corporate income tax rate, S2134–S2136 [21MR]

——— reduce the Federal budget deficit by reforming tax code and eliminating tax loopholes and fuel subsidies, S397 [30JA]

——— reform international tax system, S2586 [11AP]

——— restrict use of abusive tax shelters and offshore tax havens to inappropriately avoid Federal taxation, S2083 [21MR], S2248 [22MR]

——— restrict use of abusive tax shelters and offshore tax havens to inappropriately avoid Federal taxation (S. 1533), S6649–S6661 [19SE]

Wall Street Reform and Consumer Protection Act: impact, S8820 [15DE]

Statements

Legislative Proposals To Relieve the Red Tape Burden on Investors and Job Creators: Anne Simpson, California Public Employees’ Retirement System, H7481 [4DE]

Summaries

Incorporation Transparency and Law Enforcement Assistance Act (S. 1465), S6234 [1AU]

Stop Tax Haven Abuse Act (S. 1533), S6660 [19SE]

Texts of

S. 1449, provide that income attributable to certain passenger cruises beginning or ending in the U.S. be treated as effectively connected with the conduct of a trade or business within the U.S., S6222 [1AU]

S. 1861, Taxpayer Protection and Responsible Resolution Act, S9058–S9061 [19DE]

S. Res. 62, Committee on Homeland Security and Governmental Affairs (Senate) Permanent Subcommittee on Investigations release of records on offshore profit shifting and the U.S. Tax Code, S947 [27FE]

S. Res. 289, discourage ambush marketing by entities that adversely effect the ability of Olympic Team USA to attract sponsorships, S7930 [7NO]