Input:
SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Limited Congressional Pension Act of
1995''.

SEC. 2. AMENDMENTS RELATING TO THE CIVIL SERVICE RETIREMENT SYSTEM.

    (a) In General.--Subchapter III of chapter 83 of title 5, United
States Code, is amended by adding at the end the following:
``Sec. 8352. Limitations relating to Members
    ``(a)(1) For the purpose of this section--
            ``(A) the term `maximum allowable period of member service'
        means the greater of--
                    ``(i) 12 years of member service; or
                    ``(ii) the total number of years of member service
                completed by the Member before the effective date of
                this section (expressed in terms of the full years and
                twelfth parts thereof, excluding from the aggregate the
                fractional part of a month, if any);
            ``(B) the term `deemed separation date', as used with
        respect to a Member, means the date such Member is deemed under
        subsection (b)(1)(A) or (B), as the case may be, to have
        separated from service as a Member; and
            ``(C) the term `deemed separation' means a separation
        deemed to have occurred under subsection (b)(1)(A) or (B).
    ``(2) This section shall apply with respect to any individual
serving as a Member on or after the effective date of this section,
excluding a reemployed annuitant whose annuity commenced before such
effective date.
    ``(b) Except as otherwise provided in this section--
            ``(1)(A) any Member who has completed the maximum allowable
        period of member service before the effective date of this
        section shall, for purposes of this subchapter, be deemed to
        have separated from service on the day before such effective
        date; and
            ``(B) any Member who completes the maximum allowable period
        of member service on or after the effective date of this
        section shall, for purposes of this subchapter, be deemed to
        have separated from service on the date on which such Member
        completes the maximum allowable period of member service; and
            ``(2) any Member who is deemed to have separated from
        service under subparagraph (A) or (B) of paragraph (1)--
                    ``(A) may not thereafter remain or become subject
                to either the Civil Service Retirement System or the
                Federal Employees' Retirement System as a Member of
                Congress (as defined by section 2106); and
                    ``(B) for purposes of this subchapter, shall, while
                thereafter serving as a Member of Congress (as so
                defined), be treated in the same way as a former Member
                not then performing Government service.
    ``(c)(1) This subsection shall apply with respect to any Member
described in subsection (b)(1)(A) or (B).
    ``(2) A Member to whom this subsection applies shall not be
eligible for an immediate or deferred annuity based on any deemed
separation. Rather, actual separation must occur in order to be
eligible for such an annuity.
    ``(3) For purposes of determining whether a Member satisfies the
age and service requirements for title to an annuity--
            ``(A) the Member's age as of the Member's deemed separation
        date shall be used; and
            ``(B) the Member's total service as of the Member's deemed
        separation date shall be used, subject to paragraph (7).
    ``(4) The requirements of subsections (b) and (c) of section 8333
shall be considered met if the Member would satisfy those requirements
as of the Member's deemed separation date (assuming the Member actually
separated on that date).
    ``(5) For purposes of any computation of annuity--
            ``(A) average pay shall be determined disregarding pay for
        any member service performed after the Member's deemed
        separation date;
            ``(B) any reduction under section 8339(h) shall be made
        using the age determined under paragraph (3)(A); and
            ``(C) the Member's total service shall be equal to the
        total service determined under paragraph (3)(B).
For purposes of applying the respective limitations under sections
8339(f) and 8340(g), the average pay and final pay (or final basic pay)
of a Member shall likewise be determined based on the Member's deemed
separation date.
    ``(6)(A) Any deadline (such as for making an election or making a
deposit) which is fixed by reference to date of separation shall be
applied using the Member's actual separation date.
    ``(B) Any determination as to the marital status of the Member as
of date of separation shall be made based on the Member's actual
separation date.
    ``(7) For purposes of determining any period of military service
which is creditable for purposes of section 8339(c)(1), the date of
final separation from service as a Member (as referred to in section
8332(d)) shall be the Member's actual separation date.
    ``(d)(1) No contribution to the Thrift Savings Fund may be made by
any Member with respect to any pay period beginning on or after the
effective date of this section.
    ``(2) Except as provided in paragraph (1), nothing in this section
shall be considered to permit or require that a Member be treated as
having separated before such Member's actual separation date for
purposes of the Thrift Savings Plan.
    ``(e) Regulations to carry out this section may be prescribed by
the Office of Personnel Management and the Executive Director (within
the meaning of section 8401(13)) with respect to matters within their
respective areas of jurisdiction.
    ``(f) This section shall take effect as of the first day of the
Congress next beginning after the date of the enactment of the Limited
Congressional Pension Act of 1995.''.
    (b) Conforming Amendment.--The table of sections for chapter 83 of
title 5, United States Code, is amended by adding at the end the
following:

``8352. Limitations relating to Members.''.

SEC. 3. AMENDMENTS RELATING TO THE FEDERAL EMPLOYEES' RETIREMENT
              SYSTEM.

    (a) In General.--Subchapter I of chapter 84 of title 5, United
States Code, is amended by adding at the end the following:
``Sec. 8404. Limitations relating to Members
    ``(a)(1) For the purpose of this section--
            ``(A) the term `maximum allowable period of member service'
        means the greater of--
                    ``(i) 12 years of member service; or
                    ``(ii) the total number of years of member service
                completed by the Member before the effective date of
                this section (expressed in terms of the full years and
                twelfth parts thereof, excluding from the aggregate the
                fractional part of a month, if any);
            ``(B) the term `deemed separation date', as used with
        respect to a Member, means the date such Member is deemed under
        subsection (b)(1)(A) or (B), as the case may be, to have
        separated from service as a Member;
            ``(C) the term `deemed separation' means a separation
        deemed to have occurred under subsection (b)(1)(A) or (B); and
            ``(D) the term `member service' means any service as a
        Member and any service constituting member service within the
        meaning of section 8331(14).
    ``(2) This section shall apply with respect to any individual
serving as a Member on or after the effective date of this section,
excluding a reemployed annuitant whose annuity commenced before such
effective date.
    ``(b) Except as otherwise provided in this section--
            ``(1)(A) any Member who has completed the maximum allowable
        period of member service before the effective date of this
        section shall, for purposes of this chapter, be deemed to have
        separated from service on the day before such effective date;
        and
            ``(B) any Member who completes the maximum allowable period
        of member service on or after the effective date of this
        section shall, for purposes of this chapter, be deemed to have
        separated from service on the date on which such Member
        completes the maximum allowable period of member service; and
            ``(2) any Member who is deemed to have separated from
        service under subparagraph (A) or (B) of paragraph (1)--
                    ``(A) may not thereafter remain or become subject
                to the Federal Employees' Retirement System as a Member
                of Congress (as defined by section 2106); and
                    ``(B) for purposes of this chapter, shall, while
                thereafter serving as a Member of Congress (as so
                defined), be treated in the same way as a former Member
                not then performing Government service.
    ``(c)(1) This subsection shall apply with respect to any Member
described in subsection (b)(1)(A) or (B).
    ``(2) A Member to whom this subsection applies shall not be
eligible for an immediate or deferred annuity based on any deemed
separation. Rather, actual separation must occur in order to be
eligible for such an annuity.
    ``(3) For purposes of determining whether a Member satisfies the
age and service requirements for title to an annuity--
            ``(A) the Member's age as of the Member's deemed separation
        date shall be used; and
            ``(B) the Member's total service as of the Member's deemed
        separation date shall be used, subject to paragraph (6).
However, for purposes of determining eligibility for an annuity
supplement under section 8421, the Member's actual age shall be used.
    ``(4) For purposes of any computation of annuity--
            ``(A) average pay shall be determined disregarding pay for
        any member service performed after the Member's deemed
        separation date; and
            ``(B) the Member's total service shall be equal to the
        total service determined under paragraph (3)(B).
Any annuity supplement under section 8421 shall be computed in a manner
consistent with the preceding sentence.
    ``(5)(A) Any deadline (such as for making an election or making a
deposit) which is fixed by reference to date of separation shall be
applied using the Member's actual separation date.
    ``(B) Any determination as to the marital status of the Member and
any similar determination shall be made based on the Member's actual
separation date.
    ``(6) For purposes of determining any period of military service
which is creditable for purposes of section 8411(c), the date of
separation from service as a Member shall be the Member's actual
separation date.
    ``(d)(1) No contribution to the Thrift Savings Fund may be made by
or for the benefit of any Member (including under section 8432(c)(1))
with respect to any pay period beginning on or after the effective date
of this section.
    ``(2) Except as provided in paragraph (1), nothing in this section
shall be considered to permit or require that a Member be treated as
having separated before such Member's actual separation date for
purposes of the Thrift Savings Plan.
    ``(e) Regulations to carry out this section may be prescribed by
the Office of Personnel Management and the Executive Director with
respect to matters within their respective areas of jurisdiction.
    ``(f) This section shall take effect as of the first day of the
Congress next beginning after the date of the enactment of the Limited
Congressional Pension Act of 1995.''.
    (b) Conforming Amendment.--The table of sections for chapter 83 of
title 5, United States Code, is amended by adding at the end the
following:

``8404. Limitations relating to Members.''.

Output: Limited Congressional Pension Act of 1995 - Amends Federal civil service law to limit to 12 years (with certain exceptions) the number of years that a Member of Congress may participate in either the Civil Service Retirement System or the Federal Employees' Retirement System.


Input:
SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Voluntary Public Access and Wildlife
Habitat Incentive Program Act of 2007''.

SEC. 2. FINDINGS.

    Congress finds that--
            (1) according to the United States Fish and Wildlife
        Service, in 2001, 82,000,000 individuals in the United States
        aged 16 years and older participated in wildlife-related
        recreation, including 48,000,000 individuals who hunted, and
        more than 66,000,000 who engaged in wildlife-related recreation
        such as observing, feeding, or photographing wildlife, in the
        United States;
            (2) individuals who participated in wildlife-related
        activities in 2001 spent--
                    (A) an estimated $56,000,000,000 on hunting and
                fishing equipment and supplies; and
                    (B) more than $28,000,000,000 on food, lodging, and
                transportation;
            (3) purchases of hunting and fishing licenses, permits, and
        stamps and excise taxes on goods used by hunters and fishers
        have generated billions of dollars for wildlife conservation,
        research, and management;
            (4) the growing public demand for hunting and fishing
        opportunities accessible to the public is increasingly
        constrained by the limits on both public and private land
        resources;
            (5) recreational hunting and fishing--
                    (A) provide essential funding sources for--
                            (i) wildlife habitat development;
                            (ii) the conservation of wildlife;
                            (iii) the preservation of ecosystems; and
                            (iv) effective wildlife management; and
                    (B) contribute to the reduction of conflicts
                between people and wildlife;
            (6) limited public access on private land has often
        frustrated and disappointed hunters, fishers, and other
        naturalists and undermined the relationship between land owners
        and the general public;
            (7) 21 States and several tribal governments have
        established successful but modest walk-in programs to encourage
        public hunting on private farm, ranch, and forest land, yet the
        demand for such voluntary access programs remains largely
        unfulfilled;
            (8) traditional agricultural production methods and markets
        have in recent years offered limited income opportunities for
        farm, ranch and forest land owners and operators; and
            (9) current proposals to reform world agricultural trade
        favor the development of new methods to support the income of
        agricultural producers that have minimal impact on agricultural
        production and prices.

SEC. 3. VOLUNTARY PUBLIC ACCESS AND HABITAT INCENTIVE PROGRAM.

    (a) In General.--Chapter 5 of subtitle D of title XII of the Food
Security Act of 1985 (16 U.S.C. 3839bb et seq.) is amended by adding at
the end the following:

``SEC. 1240Q. VOLUNTARY PUBLIC ACCESS AND HABITAT INCENTIVE PROGRAM.

    ``(a) In General.--The Secretary shall establish a voluntary public
access program under which States and tribal governments may apply for
grants to encourage owners and operators of privately-held farm, ranch,
and forest land to voluntarily make that land available for access by
the public for wildlife-dependent recreation, including hunting or
fishing, under programs administered by the States and tribal
governments.
    ``(b) Applications.--In submitting applications for a grant under
the program, a State or tribal government shall describe--
            ``(1) the benefits that the State or tribal government
        intends to achieve by encouraging public access to private farm
        and ranch land for--
                    ``(A) hunting and fishing; and
                    ``(B) to the maximum extent practicable, other
                recreational purposes; and
            ``(2) the methods that will be used to achieve those
        benefits.
    ``(c) Priority.--In approving applications and awarding grants
under the program, the Secretary shall give priority to States and
tribal governments that propose--
            ``(1) to maximize participation by offering a program the
        terms of which are likely to meet with widespread acceptance
        among landowners;
            ``(2) to ensure that land enrolled under the State or
        tribal government program has appropriate wildlife habitat;
            ``(3) to strengthen wildlife habitat improvement efforts on
        land enrolled in a special conservation reserve enhancement
        program described in 1234(f)(4) by providing incentives to
        increase public hunting and other recreational access on that
        land; and
            ``(4) to use additional Federal, State, tribal government,
        or private resources in carrying out the program.
    ``(d) Relationship to Other Laws.--Nothing in this section preempts
a State or tribal government law (including any State or tribal
government liability law).
    ``(e) Regulations.--The Secretary shall promulgate such regulations
as are necessary to carry out this section.''.
    (b) Funding.--Section 1241(a) of the Food Security Act of 1985 (16
U.S.C. 3841(a)) is amended by adding at the end the following:
            ``(8) The voluntary public access program under section
        1240Q, using, to the maximum extent practicable, $20,000,000 in
        each of fiscal years 2008 through 2012.''.

SEC. 4. PREVENTION OF EXCESS BASE ACRES.

    Section 1101(g)(2) of the Farm Security and Rural Investment Act of
2002 (7 U.S.C. 7911(g)(2)) is amended by striking subparagraph (C).

Output:
Voluntary Public Access and Wildlife Habitat Incentive Program Act of 2007 - Amends the Food Security Act of 1985 to direct the Secretary of Agriculture to establish a program under which states and tribal governments may apply for grants to encourage owners and operators of privately-held farm, ranch, and forest land to voluntarily make such land available for public access for wildlife-dependent recreation (including hunting or fishing) under state- and tribally-administered plans.

Amends the Farm Security and Rural Investment Act of 2002 to exclude from excess base acreage computation for direct and counter-cyclical payment purposes certain conservation enrolled farm land not planted in an agricultural commodity.


Input:
SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Guam Excess Lands Act''.

SEC. 2. TRANSFER.

    (a) In General.--The Administrator of General Services shall,
subject to section 3, transfer all right, title, and interest of the
United States in and to the parcels of land described in subsection (b)
(together with any improvements thereon) to the Government of Guam for
public benefit use, by quitclaim deed and without reimbursement. Such
transfers shall take place after a determination by the head of the
Federal agency controlling a parcel that the parcel is excess to the
needs of such agency.
    (b) Description of Parcels To Be Transferred.--Unless a parcel of
land described in this subsection has been disposed of under other
authority on or before the date of the enactment of this Act or is
transferred for further Federal utilization as a result of the
screening required by section 3(a), the parcels of land required to be
transferred under subsection (a) shall consist of the following:

Navy Parcels

    South Finegayan.....................................
                                                               445 acres
    Nimitz Hill Parcels and 1 and 2B....................
                                                               208 acres
    NAVMAG Parcel 1.....................................
                                                               144 acres
    Apra Harbor Parcel 7................................
                                                                73 acres
    Apra Harbor Parcel 8................................
                                                                 6 acres
    Apra Harbor Parcel 6................................
                                                                47 acres
    Apra Harbor Parcel 9................................
                                                                41 acres
    Apra Harbor Parcel 2................................
                                                                30 acres
    Apra Harbor Parcel 1................................
                                                                 6 acres
    Asan Annex..........................................
                                                                17 acres
    NAVCAMS Beach.......................................
                                                                14 acres
    ACEORP Msui Tunnel..................................
                                                                 4 acres
    Agat Parcel 3.......................................
                                                                 5 acres
Air Force Parcels

    Andersen South (portion of Andersen Admin. Annex)...
                                                               395 acres
    Camp Edusa (Family Housing Annex 1).................
                                                               103 acres
    Harmon Communication Annex No. 1....................
                                                               862 acres
    Harmon Housing Annex No. 4..........................
                                                               396 acres
    Harmon POL Storage Annex No. 2......................
                                                                35 acres
    Harmon VOR Annex....................................
                                                               308 acres
    Harmon POL Storage Annex No. 1......................
                                                                14 acres
    Andersen Radio Beacon Annex.........................
                                                                23 acres
Federal Aviation Administration Parcel
    Talofofo ``HH'' Homer Facility......................
                                                                37 acres

    (c) Legal Descriptions.--The exact acreages and legal descriptions
of all parcels of land to be transferred under this Act shall be
determined by surveys which are satisfactory to the head of the
controlling Federal agency referred to in subsection (a). The cost of
such surveys, together with all direct and indirect costs related to
any conveyance under this section, shall be borne by such controlling
Federal agency.

SEC. 3. TERMS AND CONDITIONS.

    (a) Further Federal Utilization Screening.--Parcels of land
determined to be excess property pursuant to section 2 shall be
screened for further Federal utilization in accordance with the Federal
Property and Administrative Services Act of 1949 (40 U.S.C. 471 et
seq.) and such screening will be completed within 45 days after the
date on which they are determined to be excess.
    (b) Appraisals.--The Administrator shall promptly appraise those
parcels that are not needed for further Federal utilization to
determine their estimated fair market value. The head of the Federal
agency which controls such parcels shall cooperate with the
Administrator in carrying out appraisals under this section. The
Administrator shall submit a copy of the appraisals to the committees
of the Congress specified in subsection (d). The cost of such
appraisals shall be paid for under section 204(b) of the Federal
Property and Administrative Services Act of 1949 (40 U.S.C. 485(b)).
    (c) Land Use Plan.--The parcels of land to be transferred under
this Act shall be eligible for transfer after the Government of Guam
enacts legislation which establishes a detailed plan for the public
benefit use (including, but not limited to, housing, schools,
hospitals, libraries, child care centers, parks and recreation,
conservation, economic development, public health, and public safety)
of such parcels and the Governor of Guam submits such plan to the
committees of the Congress specified in subsection (d).
    (d) Submissions.--The appraisals and land use plan required to be
submitted to the committees of the Congress under subsections (b) and
(c) shall be submitted to the Committee on Natural Resources, the
Committee on Armed Services, the Committee on Government Operations and
the Committee on Merchant Marine and Fisheries of the House of
Representatives and the Committee on Energy and Natural Resources, the
Committee on Armed Services, and the Committee on Governmental Affairs
of the Senate.
    (e) Review by Committees.--Parcels of land may not be transferred
under this Act until 180 days after the submission to the committees of
the Congress specified in subsection (d) of--
        (1) the appraisals provided for in subsection (b), and
        (2) the land use plan provided for in subsection (c).
    (f) Government of Guam Lands Within the War in the Pacific National
Historical Park.--Parcels of land may not be transferred under this Act
until after the Government of Guam enters into a cooperative agreement
with the Secretary of the Interior, acting through the Director of the
National Park Service, which grants to the Secretary, at no cost, the
administrative jurisdiction over all undeveloped lands within the
boundary of the War in the Pacific National Historical Park, except
those lands at Adelup Point, which are owned by the Government of Guam.
The lands covered by such cooperative agreement shall be managed in
accordance with the general management plan of the park and in the same
manner as lands within the park that are owned by the United States.

SEC. 4. OBJECTS AFFECTING NAVIGABLE AIRSPACE.

    The conveyance document for any land transferred under this Act
located within 6 nautical miles of an airport shall contain a provision
that requires a determination of no hazard to air navigation to be
obtained from the Federal Aviation Administration in accordance with
applicable regulations governing objects affecting navigable airspace
or under the authority of the Federal Aviation Act of 1958 (Public Law
85-726, as amended) in order for construction or alteration on the
property to be permitted.

SEC. 5. SEVERE CONTAMINATION.

    Notwithstanding any other provision of this Act, the Administrator
of General Services, in his discretion, may choose not to transfer any
parcel under this Act on which there is severe contamination, the
remedy of which would require the United States to incur extraordinary
costs.

SEC. 6. APPLICATION OF FEDERAL AND TERRITORIAL LAWS.

    All Federal and territorial environmental laws and regulations
shall apply to the parcels transferred pursuant to this Act during and
after the transfer of such parcels.

                               Speaker of the House of Representatives.

                            Vice President of the United States and
                                               President of the Senate.

Output:
Guam Excess Lands Act - Directs the Administrator of General Services to transfer specified excess parcels of Federal land to Guam for public benefit, by quitclaim deed and without reimbursement.  Makes such parcels eligible for transfer upon the enactment and submission to specified congressional committees by Guam of a land use plan.
Requires the Administrator to appraise such excess property and submit the appraisals to specified congressional committees.
Prohibits the transfer of parcels of land under this Act until after Guam enters into a cooperative agreement with the Secretary of the Interior, acting through the Director of the National Park Service, which grants administrative jurisdiction to the Secretary over all undeveloped lands within the boundary of the War in the Pacific National Historical Park to be managed in accordance with the Park's general management plan and in the same manner as federally-owned lands within such Park.  Excludes lands owned by Guam at Adelup Point.
Requires the conveyance document for any land transferred within six nautical miles of an airport to require a determination by the Federal Aviation Administration of no hazard to air navigation in order for construction or alteration on the property to be permitted.
Authorizes the Administrator to disallow  transfer of any parcel on which there is severe contamination, the remedy of which would require the United States to incur extraordinary costs.
States that all Federal and territorial environmental laws and regulations shall apply to parcels transferred under this Act during and after such transfer.


Input:
SECTION 1. TERMINATION OF EXCEPTION FOR CERTAIN REAL ESTATE INVESTMENT
              TRUSTS FROM THE TREATMENT OF STAPLED ENTITIES.

    (a) In General.--Notwithstanding paragraph (3) of section 136(c) of
the Tax Reform Act of 1984 (relating to stapled stock; stapled
entities), the REIT gross income provisions shall be applied by
treating the activities and gross income of members of the stapled REIT
group properly allocable to any nonqualified real property interest
held by the exempt REIT or any stapled entity which is a member of such
group (or treated under subsection (c) as held by such REIT or stapled
entity) as the activities and gross income of the exempt REIT in the
same manner as if the exempt REIT and such group were 1 entity.
    (b) Nonqualified Real Property Interest.--For purposes of this
section--
            (1) In general.--The term ``nonqualified real property
        interest'' means, with respect to any exempt REIT, any interest
        in real property acquired after March 26, 1998, by the exempt
        REIT or any stapled entity.
            (2) Exception for binding contracts, etc.--Such term shall
        not include any interest in real property acquired after March
        26, 1998, by the exempt REIT or any stapled entity if--
                    (A) the acquisition is pursuant to a written
                agreement which was binding on such date and at all
                times thereafter on such REIT or stapled entity, or
                    (B) the acquisition is described on or before such
                date in a public announcement or in a filing with the
                Securities and Exchange Commission.
            (3) Improvements and leases.--
                    (A) In general.--Except as otherwise provided in
                this paragraph, the term ``nonqualified real property
                interest'' shall not include--
                            (i) any improvement to land owned or leased
                        by the exempt REIT or any member of the stapled
                        REIT group, and
                            (ii) any repair to, or improvement of, any
                        improvement owned or leased by the exempt REIT
                        or any member of the stapled REIT group,
                if such ownership or leasehold interest is a qualified
                real property interest.
                    (B) Leases.--Such term shall not include any lease
                of a qualified real property interest.
                    (C) Termination where change in use.--
                            (i) In general.--Subparagraph (A) shall not
                        apply to any improvement placed in service
                        after December 31, 1999, which is part of a
                        change in the use of the property to which such
                        improvement relates unless the cost of such
                        improvement does not exceed 200 percent of--
                                    (I) the cost of such property, or
                                    (II) if such property is
                                substituted basis property (as defined
                                in section 7701(a)(42) of the Internal
                                Revenue Code of 1986), the fair market
                                value of the property at the time of
                                acquisition.
                            (ii) Binding contracts.--For purposes of
                        clause (i), an improvement shall be treated as
                        placed in service before January 1, 2000, if
                        such improvement is placed in service before
                        January 1, 2004, pursuant to a binding contract
                        in effect on December 31, 1999, and at all
                        times thereafter.
            (4) Treatment of entities which are not stapled, etc. on
        march 26, 1998.--Notwithstanding any other provision of this
        section, all interests in real property held by an exempt REIT
        or any stapled entity with respect to such REIT (or treated
        under subsection (c) as held by such REIT or stapled entity)
        shall be treated as nonqualified real property interests
        unless--
                    (A) such stapled entity was a stapled entity with
                respect to such REIT as of March 26, 1998, and at all
                times thereafter, and
                    (B) as of March 26, 1998, and at all times
                thereafter, such REIT was a real estate investment
                trust.
            (5) Qualified real property interest.--The term ``qualified
        real property interest'' means any interest in real property
        other than a nonqualified real property interest.
    (c) Treatment of Property Held by 10-Percent Subsidiaries.--For
purposes of this section--
            (1) In general.--Any exempt REIT and any stapled entity
        shall be treated as holding their proportionate shares of each
        interest in real property held by any 10-percent subsidiary
        entity of the exempt REIT or stapled entity, as the case may
        be.
            (2) Property held by 10-percent subsidiaries treated as
        nonqualified.--
                    (A) In general.--Except as provided in subparagraph
                (B), any interest in real property held by a 10-percent
                subsidiary entity of an exempt REIT or stapled entity
                shall be treated as a nonqualified real property
                interest.
                    (B) Exception for interests in real property held
                on march 26, 1998, etc.--In the case of an entity which
                was a 10-percent subsidiary entity of an exempt REIT or
                stapled entity on March 26, 1998, and at all times
                thereafter, an interest in real property held by such
                subsidiary entity shall be treated as a qualified real
                property interest if such interest would be so treated
                if held directly by the exempt REIT or the stapled
                entity.
            (3) Reduction in qualified real property interests if
        increase in ownership of subsidiary.--If, after March 26, 1998,
        an exempt REIT or stapled entity increases its ownership
        interest in a subsidiary entity to which paragraph (2)(B)
        applies above its ownership interest in such subsidiary entity
        as of such date, the additional portion of each interest in
        real property which is treated as held by the exempt REIT or
        stapled entity by reason of such increased ownership shall be
        treated as a nonqualified real property interest.
            (4) Special rules for determining ownership.--For purposes
        of this subsection--
                    (A) percentage ownership of an entity shall be
                determined in accordance with subsection (e)(4),
                    (B) interests in the entity which are acquired by
                the exempt REIT or stapled entity in any acquisition
                described in an agreement, announcement, or filing
                described in subsection (b)(2) shall be treated as
                acquired on March 26, 1998, and
                    (C) except as provided in guidance prescribed by
                the Secretary, any change in proportionate ownership
                which is attributable solely to fluctuations in the
                relative fair market values of different classes of
                stock shall not be taken into account.
    (d) Treatment of Property Secured by Mortgage Held by Exempt REIT
or Member of Stapled REIT Group.--
            (1) In general.--In the case of any nonqualified obligation
        held by an exempt REIT or any member of the stapled REIT group,
        the REIT gross income provisions shall be applied by treating
        the exempt REIT as having impermissible tenant service income
        equal to--
                    (A) the interest income from such obligation which
                is properly allocable to the property described in
                paragraph (2), and
                    (B) the income of any member of the stapled REIT
                group from services described in paragraph (2) with
                respect to such property.
        If the income referred to in subparagraph (A) or (B) is of a
        10-percent subsidiary entity, only the portion of such income
        which is properly allocable to the exempt REIT's or the stapled
        entity's interest in the subsidiary entity shall be taken into
        account.
            (2) Nonqualified obligation.--Except as otherwise provided
        in this subsection, the term ``nonqualified obligation'' means
        any obligation secured by a mortgage on an interest in real
        property if the income of any member of the stapled REIT group
        for services furnished with respect to such property would be
        impermissible tenant service income were such property held by
        the exempt REIT and such services furnished by the exempt REIT.
            (3) Exception for certain market rate obligations.--Such
        term shall not include any obligation--
                    (A) payments under which would be treated as
                interest if received by a REIT, and
                    (B) the rate of interest on which does not exceed
                an arm's length rate.
            (4) Exception for existing obligations.--Such term shall
        not include any obligation--
                    (A) which is secured on March 26, 1998, by an
                interest in real property, and
                    (B) which is held on such date by the exempt REIT
                or any entity which is a member of the stapled REIT
                group on such date and at all times thereafter,
        but only so long as such obligation is secured by such
        interest. The preceding sentence shall not cease to apply by
        reason of the refinancing of the obligation if (immediately
        after the refinancing) the principal amount of the obligation
        resulting from the refinancing does not exceed the principal
        amount of the refinanced obligation (immediately before the
        refinancing).
            (5) Treatment of entities which are not stapled, etc. on
        march 26, 1998.--A rule similar to the rule of subsection
        (b)(4) shall apply for purposes of this subsection.
            (6) Increase in amount of nonqualified obligations if
        increase in ownership of subsidiary.--A rule similar to the
        rule of subsection (c)(3) shall apply for purposes of this
        subsection.
            (7) Coordination with subsection (a).--This subsection
        shall not apply to the portion of any interest in real property
        that the exempt REIT or stapled entity holds or is treated as
        holding under this section without regard to this subsection.
    (e) Definitions.--For purposes of this section--
            (1) REIT gross income provisions.--The term ``REIT gross
        income provisions'' means--
                    (A) paragraphs (2), (3), and (6) of section 856(c)
                of the Internal Revenue Code of 1986, and
                    (B) section 857(b)(5) of such Code.
            (2) Exempt reit.--The term ``exempt REIT'' means a real
        estate investment trust to which section 269B of the Internal
        Revenue Code of 1986 does not apply by reason of paragraph (3)
        of section 136(c) of the Tax Reform Act of 1984.
            (3) Stapled reit group.--The term ``stapled REIT group''
        means, with respect to an exempt REIT, the group consisting
        of--
                    (A) all entities which are stapled entities with
                respect to the exempt REIT, and
                    (B) all entities which are 10-percent subsidiary
                entities of the exempt REIT or any such stapled entity.
            (4) 10-percent subsidiary entity.--
                    (A) In general.--The term ``10-percent subsidiary
                entity'' means, with respect to any exempt REIT or
                stapled entity, any entity in which the exempt REIT or
                stapled entity (as the case may be) directly or
                indirectly holds at least a 10-percent interest.
                    (B) Exception for certain c corporation
                subsidiaries of reits.--A corporation which would, but
                for this subparagraph, be treated as a 10-percent
                subsidiary of an exempt REIT shall not be so treated if
                such corporation is taxable under section 11 of the
                Internal Revenue Code of 1986.
                    (C) 10-percent interest.--The term ``10-percent
                interest'' means--
                            (i) in the case of an interest in a
                        corporation, ownership of 10 percent (by vote
                        or value) of the stock in such corporation,
                            (ii) in the case of an interest in a
                        partnership, ownership of 10 percent of the
                        assets or net profits interest in the
                        partnership, and
                            (iii) in any other case, ownership of 10
                        percent of the beneficial interests in the
                        entity.
            (5) Other definitions.--Terms used in this section which
        are used in section 269B or section 856 of such Code shall have
        the respective meanings given such terms by such section.
    (f) Guidance.--The Secretary may prescribe such guidance as may be
necessary or appropriate to carry out the purposes of this section,
including guidance to prevent the avoidance of such purposes and to
prevent the double counting of income.
    (g) Effective Date.--This section shall apply to taxable years
ending after March 26, 1998.

Output: Amends the Tax Reform Act of 1984 to provide for the termination of the exception for certain real estate investment trusts from the treatment of stapled entities.


Input:
SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Union Member Protection Act''.

SEC. 2. FINDINGS.

    Congress finds the following:
            (1) Labor unions make significant political contributions
        and expenditures that directly or indirectly influence the
        election of candidates and support or oppose political causes.
        Decisions to use union dues for political contributions and
        expenditures are usually made by union leadership and
        management, rather than union membership.
            (2) Unions, acting through their management, should be
        obligated to conduct business in the best interests of their
        membership.
            (3) Historically, union members have not had a way to know,
        or to influence, the political activities of unions that are
        supposed to represent them. Union members and the public have a
        right to know how unions are spending members' dues to make
        political contributions or expenditures benefitting candidates,
        political parties, and political causes.
            (4) Unions should be accountable to their membership in
        making political contributions or expenditures affecting
        Federal governance and public policy. Requiring the express
        approval of a union's membership for political contributions or
        expenditures will establish necessary accountability.

SEC. 3. DISCLOSURE AND APPROVAL OF CERTAIN POLITICAL EXPENDITURES.

    (a) In General.--Title II of the Labor-Management Reporting and
Disclosure Act (29 U.S.C. 431 et seq.) is amended by inserting after
section 201 the following:

``SEC. 201A. DISCLOSURE AND APPROVAL OF CERTAIN POLITICAL EXPENDITURES
              BY LABOR ORGANIZATIONS.

    ``(a) Disclosure.--The report required under section 201 shall
contain, in a clear and simple format--
            ``(1) a description of the specific nature of any
        expenditures for political activities proposed to be made by
        the labor organization for the forthcoming fiscal year, to the
        extent the specific nature is known to the labor organization
        and including the total amount of such proposed expenditures;
        and
            ``(2) a disclosure of how each officer of the labor
        organization voted to authorize or not to authorize each
        expenditure for political activities made by the labor
        organization during the preceding fiscal year.
    ``(b) Restriction on Expenditures.--No labor organization shall
make any expenditure for political activities in any fiscal year
unless--
            ``(1) such expenditure is of the nature of those proposed
        by the labor organization pursuant to subsection (a); and
            ``(2) the full, free, and written authorization for such
        expenditures has been granted by a majority of the members of
        the labor organization.
    ``(c) Mechanism for Obtaining Authorization.--Not later than 1 year
after the date of enactment of the Union Member Protection Act, every
labor organization shall adopt a mechanism for obtaining, by secret
ballot, the authorization of its members as required under subsection
(b)(2).
    ``(d) Liability.--The officers of a labor organization who
authorize an expenditure without first obtaining the authorization of
members required under subsection (b)(2) shall be jointly and severally
liable in any action brought in any court of competent jurisdiction to
any member of the labor organization or class of members for the amount
of dues paid by such member or class of member during the 1 year period
prior to the date that such expenditure was made.
    ``(e) Definition of Expenditure for Political Activities.--As used
in this section:
            ``(1) The term `expenditure for political activities'
        means--
                    ``(A) an independent expenditure, as such term is
                defined in section 301(17) of the Federal Election
                Campaign Act of 1971 (2 U.S.C. 431(17));
                    ``(B) contributions to any political party,
                committee, or electioneering communication, as such
                term is defined in section 304(f)(3)(A) of the Federal
                Election Campaign Act of 1971 (2 U.S.C. 434(f)(3)(A));
                and
                    ``(C) dues or other payments to trade associations
                or other tax exempt organizations that are, or could
                reasonably be anticipated to be, used for the purposes
                described in subparagraph (A).
            ``(2) Such term shall not include--
                    ``(A) direct lobbying efforts through registered
                lobbyists employed or hired by the labor organization;
                    ``(B) communications by a labor organization to its
                members and executive or administrative personnel and
                their families; or
                    ``(C) the establishment, administration, and
                solicitation of contributions to a separate segregated
                fund to be utilized for political purposes by a labor
                organization.''.
    (b) Conforming Amendments.--
            (1) Section 201(c) of such Act (29 U.S.C. 431(c)) is
        amended by striking ``make available the information required
        to be contained in'' and inserting ``provide''.
            (2) Section 209(a) of such Act (29 U.S.C. 439(a)) is
        amended by inserting ``other than section 201A'' after ``this
        title''.

SEC. 4. REQUIREMENT OF VOTE BY PRINCIPAL OFFICERS.

    Section 201 of the Labor-Management Reporting and Disclosure Act
(29 U.S.C. 431) is further amended by adding at the end the following:
    ``(f) The bylaws required under this section shall expressly
provide for a vote of the principal officers of the labor organization
on any individual expenditure for political activities (as such term is
defined in section 201A(e)) in excess of $50,000. A labor organization
shall make publicly available the individual votes of principal
officers required by the preceding sentence within 48 hours of the
vote, including in a clear and conspicuous location on the Internet
website of the labor organization.''.

SEC. 5. REPORT.

    The Comptroller General of the United States shall annually conduct
a study on the compliance with the requirements of this Act by labor
organizations and their management. Not later than April 1 of each
year, the Comptroller General shall submit to Congress a report of such
study.

SEC. 6. EFFECTIVE DATE.

    The amendments made by this Act shall take effect on the date of
enactment of the Shareholder Protection Act of 2010.

Output:
Union Member Protection Act - Amends the Labor-Management Reporting and Disclosure Act (Landrum-Griffin Act) to require a labor organization's mandatory report to the Secretary of Labor on its constitution, officers, and basic organization to include, in a clear and simple format, both: (1) a description of the specific nature and total amount of political expenditures the labor organization proposes to make for the upcoming fiscal year; and (2) a disclosure of how each labor organization officer voted on each political expenditure made by the organization during the preceding fiscal year.

Prohibits a labor organization from making political expenditures unless: (1) they are of the nature of those proposed in such report; and (2) they have received a full, free, and written authorization by secret ballot by a majority of the labor organization members.

Makes officers jointly and severally liable for authorizing a political expenditure without first obtaining the authorization of labor organization members.

Requires labor organization bylaws to provide expressly for a vote of the organization's principal officers on individual political expenditures in excess of $50,000. Requires a labor organization to make public the individual votes of such officers within 48 hours, including in a clear and conspicuous location on its website.


Input:
SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Debt Relief Enhancement Act of
2002''.

SEC. 2. MODIFICATION OF ENHANCED HIPC INITIATIVE.

    (a) In General.--The Secretary of the Treasury shall immediately
commence efforts within the Paris Club of Official Creditors, the
International Bank for Reconstruction and Development, the
International Monetary Fund, and other appropriate multilateral
development institutions to modify the Enhanced HIPC Initiative so that
the amount of debt stock reduction approved for a country eligible for
debt relief under the Enhanced HIPC Initiative shall be sufficient to
reduce, for at least each year through 2005, or each of the first 3
years after the Decision Point--
            (1) the net present value of the outstanding public and
        publicly guaranteed debt of the country to not more than 150
        percent of the annual value of exports of the country for the
        year preceding the Decision Point; and
            (2) the annual payments due on such public and publicly
        guaranteed debt--
                    (A) to not more than 10 percent of the amount of
                the annual current revenues received by the country
                from internal sources; or
                    (B) in the case of a country suffering a severe
                public health crisis, to not more than 5 percent of the
                amount of the annual current revenues received by the
                country from internal sources.
    (b) Definitions.--In this section:
            (1) Enhanced hipc initiative.--The term ``Enhanced HIPC
        Initiative'' means the multilateral debt initiative for heavily
        indebted poor countries presented in the Report of G-7 Finance
        Ministers on the Cologne Debt Initiative to the Cologne
        Economic Summit, Cologne, 18-20 June, 1999.
            (2) Decision point.--The term ``Decision Point'' means,
        with respect to a country, the point in time at which the
        Executive Boards of the International Bank for Reconstruction
        and Development and the International Monetary Fund review the
        debt sustainability analysis for the country and decide that
        the country is eligible for debt relief under the Enhanced HIPC
        Initiative.
            (3) Public health crisis.--A country is deemed to be
        suffering a ``public health crisis'' if--
                    (A) the nationwide HIV/AIDS infection rate for the
                country, as reported in the most recent epidemiological
                data as compiled by the Joint United Nations Program on
HIV/AIDS, is at least 5 percent among women attending prenatal clinics,
or 20 percent or more among individuals in groups with high-risk
behavior; or
                    (B) the country is suffering a health crisis or
                epidemic, as defined by the World Health Organization.

SEC. 3. REPORT ON EXPANSION OF DEBT RELIEF TO NON-HIPC COUNTRIES.

    (a) In General.--Within 90 days after the date of the enactment of
this Act, the Secretary of the Treasury shall submit to the Congress a
report on--
            (1) the options and costs associated with expanding debt
        relief to include poor countries who were not eligible for
        inclusion in the Enhanced HIPC Initiative (as defined in
        section 2(b)(1));
            (2) options for burden-sharing among donor countries and
        multilateral institutions of costs associated with expanding
        debt relief; and
            (3) options, in addition to the Enhanced HIPC Initiative
        (as so defined), to ensure debt sustainability in poor
        countries, particularly in cases when the poor country has
        suffered an external economic shock or a natural disaster.
    (b) Specific Options To Be Considered.--Among the options for
expansion of debt relief, consideration should be given to making
eligible for the relief poor countries for which outstanding public and
publicly guaranteed debt requires annual payments in excess of 10
percent of the amount of the annual current revenues received by the
countries from internal sources.

SEC. 4. DEBT RELIEF FOR THE POOREST COUNTRIES.

    (a) Authority To Reduce Debt.--The President may reduce amounts
owed to the United States (or any agency of the United States) by an
eligible country as a result of--
            (1) guarantees issued under sections 221 and 222 of the
        Foreign Assistance Act of 1961;
            (2) credits extended or guarantees issued under the Arms
        Export Control Act; or
            (3) any obligation or portion of such obligation, to pay
        for purchases of United States agricultural commodities
        guaranteed by the Commodity Credit Corporation under export
        credit guarantee programs authorized pursuant to section 5(f)
        of the Commodity Credit Corporation Charter Act of June 29,
        1948, section 4(b) of the Food for Peace Act of 1966, or
        section 202 of the Agricultural Trade Act of 1978.
    (b) Limitations.--(1) The authority provided by subsection (a) may
be exercised only to implement multilateral official debt relief and
referendum agreements, commonly referred to as ``Paris Club Agreed
Minutes''.
    (2) The authority provided by subsection (a) may be exercised only
in such amounts or to such extent as is provided in advance by
appropriations Acts.
    (3) The authority provided by subsection (a) may be exercised only
with respect to countries with heavy debt burdens that are eligible to
borrow from the International Development Association, but not from the
International Bank for Reconstruction and Development, commonly
referred to as ``IDA-only'' countries.
    (c) Conditions.--The authority provided by subsection (a) may be
exercised only with respect to a country whose government--
            (1) does not have an excessive level of military
        expenditures;
            (2) has not repeatedly provided support for acts of
        international terrorism and is not failing to cooperate with
        the United States on efforts to combat international terrorism;
            (3) is not failing to cooperate on international narcotics
        control matters;
            (4) (including its military or other security forces) does
        not engage in a consistent pattern of gross violations of
        internationally recognized human rights;
            (5) is not ineligible for assistance because of the
        application of section 527 of the Foreign Relations
        Authorization Act, Fiscal Years 1994 and 1995; and
            (6) has not been designated, in the most recent Department
        of State `Trafficking in Persons Report', as a `Tier 3' nation
        pursuant to the Victims of Trafficking and Violence Protection
        Act of 2000 (Public Law 106-386) for its failure to cooperate
        on international trafficking in persons prevention efforts.
    (d) Additional Requirements Relating to Actions To Prevent HIV/AIDS
and Poverty.--In addition to the requirements of subsection (c), the
authority provided by subsection (a) may be exercised only with respect
to an eligible country if the country has agreed that--
            (1) the financial benefits of debt reduction will be
        applied to programs to combat HIV/AIDS and poverty, in
        particular through concrete measures to improve basic services
        in health, education, nutrition, and other development
        priorities, and to redress environmental degradation;
            (2) the financial benefits of debt reduction are in
        addition to the total spending of the country's government on
        poverty reduction for the previous year, or the average total
        of such expenditures for the previous 3 years, whichever is
        greater;
            (3) the eligible country will implement transparent and
        participatory policy making and budget procedures, good
        governance, and effective anti-corruption measures; and
            (4) the eligible country will broaden public participation
        and popular understanding of the principles and goals of
        poverty reduction.
    (e) Availability of Funds.--The authority provided by subsection
(a) may be used only with regard to funds appropriated by an Act making
appropriations for foreign operations, export financing, and related
programs under the heading ``Debt Restructuring''.
    (f) Certain Prohibitions Inapplicable.--A reduction of debt
pursuant to subsection (a) shall not be considered assistance for
purposes of any provision of law limiting assistance to a country. The
authority provided by subsection (a) may be exercised notwithstanding
section 620(r) of the Foreign Assistance Act of 1961 or section 321 of
the International Development and Food Assistance Act of 1975.

SEC. 5. MODIFICATION OF DETERMINATION OF COUNTRIES SUPPORTING TERRORISM
              UNDER CERTAIN INTERNATIONAL AFFAIRS LAWS.

    (a) Foreign Assistance Act of 1961.--
            (1) General prohibition on assistance.--Section 620A(a) of
        the Foreign Assistance Act of 1961 (22 U.S.C. 2371(a)) is
        amended by inserting after ``international terrorism'' the
        following: ``or has failed to cooperate with the United States
        on efforts to combat international terrorism''.
            (2) Enterprise for the americas initiative.--Section
        703(a)(2) of such Act (22 U.S.C. 2430b(a)(2)) is amended by
        inserting after ``international terrorism'' the following:
        ``and has cooperated with the United States on efforts to
        combat international terrorism''.
    (b) Arms Export Control Act.--
            (1) General prohibition on transactions.--Section 40(d) of
        the Arms Export Control Act (22 U.S.C. 2780(d)) is amended in
        the first sentence by inserting after ``international
        terrorism'' the following: ``or has failed to cooperate with
        the United States on efforts to combat international
        terrorism''.
            (2) Transfer of missile equipment or technology by united
        states person.--Section 72(c) of such Act (22 U.S.C. 2797a(c))
        is amended by inserting after ``international terrorism'' the
        following: ``or has failed to cooperate with the United States
        on efforts to combat international terrorism''.
            (3) Transfer of missile equipment or technology by foreign
        person.--Section 73(f) of such Act (22 U.S.C. 2797b(f)) is
        amended by inserting after ``international terrorism'' the
        following: ``or has failed to cooperate with the United States
        on efforts to combat international terrorism''.
            (4) Transfer of chemical or biological weapons by foreign
        person.--Section 81(a)(2)(B) of such Act (22 U.S.C.
        2798(a)(2)(B)) is amended by inserting after ``international
        terrorism'' the following: ``or has failed to cooperate with
        the United States on efforts to combat international
        terrorism''.
    (c) Export Administration Act of 1979.--
            (1) General requirements.--Section 6(j)(1)(A) of the Export
        Administration Act of 1979 (50 U.S.C. app. 2405(j)(1)(A)) is
        amended--
                    (A) in subsection (j)(1)(A), by inserting after
                ``international terrorism'' the following: ``or has
                failed to cooperate with the United States on efforts
                to combat international terrorism''; and
                    (B) in subsection (l)(3)(B), by inserting after
                ``international terrorism'' the following: ``or to have
                failed to cooperate with the United States on efforts
                to combat international terrorism''.
            (2) Transfer of chemical or biological weapons by foreign
        person.--Section 11C(a)(2)(B) of such Act (50 U.S.C. app.
        2410c(a)(2)(B)) is amended by inserting after ``international
        terrorism'' the following: ``or has failed to cooperate with
        the United States on efforts to combat international
        terrorism''.

Output: Debt Relief Enhancement Act of 2002 - Directs the Secretary of the Treasury to commence efforts immediately within the Paris Club of Official Creditors, the International Bank for Reconstruction and Development (IBRD), the International Monetary Fund (IMF), and other appropriate multilateral development institutions to modify the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative so that the amount of debt stock reduction approved for a country eligible for debt relief shall be sufficient to reduce, by a specified deadline, the net present value of the outstanding public and publicly guaranteed debt of the country, and the annual payments due, to levels determined according to certain formulae.Requires the Secretary to report to Congress on the options and costs associated with expanding debt relief under the Initiative to poor countries not eligible for inclusion in it.Authorizes the President to reduce amounts owed to the United States (or any Federal agency) by an eligible country as a result of: (1) certain guarantees issued under the Foreign Assistance Act of 1961; (2) credits extended or guarantees issued under the Arms Export Control Act; or (3) any obligation (or portion of it) to pay for purchases of U.S. agricultural commodities guaranteed by the Commodity Credit Corporation under specified export credit programs.Prescribes other specified conditions and prohibitions with respect to country eligibility.Requires any country otherwise eligible to receive debt cancellation under the modifications to the Initiative made by this Act, among other things, to agree to: (1) ensure that the financial benefits of debt cancellation are applied to programs to combat HIV/AIDS and poverty; and (2) implement transparent and participatory policymaking and budget procedures, good governance, and effective anticorruption measures.Amends the Foreign Assistance Act of 1961 (including the Enterprise for the Americas Initiative), the Arms Export Control Act, and the Export Administration Act of 1979 to modify specified prohibitions on assistance to countries to include countries that have failed to cooperate with the United States on efforts to combat international terrorism.


Input:
SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Tropical Forest and Coral
Conservation Reauthorization Act of 2009''.

SEC. 2. AMENDMENT TO SHORT TITLE OF ACT TO ENCOMPASS EXPANDED SCOPE.

    (a) In General.--Section 801 of the Tropical Forest Conservation
Act of 1998 (Public Law 87-195; 22 U.S.C. 2151 note) is amended by
striking ``Tropical Forest Conservation Act of 1998'' and inserting
``Tropical Forest and Coral Conservation Act of 2009''.
    (b) References.--Any reference in any other provision of law,
regulation, document, paper, or other record of the United States to
the ``Tropical Forest Conservation Act of 1998'' shall be deemed to be
a reference to the ``Tropical Forest and Coral Conservation Act of
2009''.

SEC. 3. EXPANSION OF SCOPE OF ACT TO PROTECT FORESTS AND CORAL REEFS.

    (a) In General.--Section 802 of the Tropical Forest and Coral
Conservation Act of 2009 (22 U.S.C. 2431), as renamed by section 2(a),
is amended--
            (1) in subsections (a)(1), (a)(6), (a)(7), (b)(1), (b)(3),
        and (b)(4), by striking ``tropical forests'' each place it
        appears and inserting ``tropical forests and coral reefs and
        associated coastal marine ecosystems'';
            (2) in subsection (a)(2)--
                    (A) in subparagraph (A), by striking ``resources,
                which are the basis for developing pharmaceutical
                products and revitalizing agricultural crops'' and
                inserting ``resources''; and
                    (B) in subparagraph (C), by striking ``far-flung'';
                and
            (3) in subsection (b)(2)--
                    (A) by striking ``tropical forests'' the first
                place it appears and inserting ``tropical forests and
                coral reefs and associated coastal marine ecosystems'';
                    (B) by striking ``tropical forests'' the second
                place it appears and inserting ``areas'';
                    (C) by striking ``tropical forests'' the third
                place it appears and inserting ``tropical forests and
                coral reefs and their associated coastal marine
                ecosystems''; and
                    (D) by striking ``that have led to deforestation''
                and inserting ``on such countries''.
    (b) Amendments Related to Definitions.--Section 803 of such Act (22
U.S.C. 2431a) is amended--
            (1) in paragraph (5)--
                    (A) in the heading, by striking ``tropical forest''
                and inserting ``tropical forest or coral reef'';
                    (B) in the matter preceding subparagraph (A), by
                striking ``tropical forest'' and inserting ``tropical
                forest or coral reef''; and
                    (C) in subparagraph (B)--
                            (i) by striking ``tropical forest'' and
                        inserting ``tropical forest or coral reef'';
                        and
                            (ii) by striking ``tropical forests'' and
                        inserting ``tropical forests or coral reefs''
            (2) by adding at the end the following new paragraphs:
            ``(10) Coral.--The term `coral' means species of the phylum
        Cnidaria, including--
                    ``(A) all species of the orders Antipatharia (black
                corals), Scleractinia (stony corals), Alcyonacea (soft
                corals), Gorgonacea (horny corals), Stolonifera
                (organpipe corals and others), and Coenothecalia (blue
                coral), of the class Anthoza; and
                    ``(B) all species of the order Hydrocorallina (fire
                corals and hydrocorals) of the class Hydrozoa.
            ``(11) Coral reef.--The term `coral reef' means any reef or
        shoal composed primarily of coral.
            ``(12) Associated coastal marine ecosystem.--The term
        `associated coastal marine ecosystem' means any coastal marine
        ecosystem surrounding, or directly related to, a coral reef and
        important to maintaining the ecological integrity of that coral
        reef, such as seagrasses, mangroves, sandy seabed communities,
        and immediately adjacent coastal areas.''.

SEC. 4. CHANGE TO NAME OF FACILITY.

    (a) In General.--Section 804 of the Tropical Forest and Coral
Conservation Act of 2009 (22 U.S.C. 2431b), as renamed by section 2(a),
is amended by striking ``Tropical Forest Facility'' and inserting
``Conservation Facility''.
    (b) Conforming Amendments to Definitions.--Section 803(8) of such
Act (22 U.S.C. 2431a(8)) is amended--
            (1) in the heading, by striking ``Tropical forest
        facility'' and inserting ``Conservation facility''; and
            (2) by striking ``Tropical Forest Facility'' both places it
        appears and inserting ``Conservation Facility''.
    (c) References.--Any reference in any other provision of law,
regulation, document, paper, or other record of the United States to
the ``Tropical Forest Facility'' shall be deemed to be a reference to
the ``Conservation Facility''.

SEC. 5. ELIGIBILITY FOR BENEFITS.

    Section 805(a) of the Tropical Forest and Coral Conservation Act of
2009 (22 U.S.C. 2431c(a)), as renamed by section 2(a), is amended by
striking ``tropical forest'' and inserting ``tropical forest or coral
reef''.

SEC. 6. UNITED STATES GOVERNMENT REPRESENTATION ON OVERSIGHT BODIES FOR
              GRANTS FROM DEBT-FOR-NATURE SWAPS AND DEBT BUYBACKS.

    Section 808(a)(5) of the Tropical Forest and Coral Conservation Act
of 2009 (22 U.S.C. 2431f(a)(5)), as renamed by section 2(a), is amended
by adding at the end the following new subparagraph:
                    ``(C) United states government representation on
                the administering body.--One or more individuals
                appointed by the United States Government may serve in
                an official capacity on the administering body that
                oversees the implementation of grants arising from a
                debt-for-nature swap or debt buyback regardless of
                whether the United States is a party to any agreement
                between the eligible purchaser and the government of
                the beneficiary country.''.

SEC. 7. CONSERVATION AGREEMENTS.

    (a) Renaming of Agreements.--Section 809 of the Tropical Forest and
Coral Conservation Act of 2009 (22 U.S.C. 2431g), as renamed by section
2(a), is amended--
            (1) in the section heading, by striking ``tropical forest
        agreement'' and inserting ``conservation agreement''; and
            (2) in subsection (a)--
                    (A) by striking ``Authority'' and all that follows
                through ``(1) In general.--The Secretary'' and
                inserting ``Authority.--The Secretary''; and
                    (B) by striking ``Tropical Forest Agreement'' and
                inserting ``Conservation Agreement''.
    (b) Elimination of Requirement To Consult With the Enterprise for
the Americas Board.--Such subsection is further amended by striking
paragraph (2).
    (c) Role of Beneficiary Countries.--Such section is further
amended--
            (1) in subsection (e)(1)(C), by striking ``in exceptional
        circumstances, the government of the beneficiary country'' and
        inserting ``in limited circumstances, the government of the
        beneficiary country when needed to improve governance and
        enhance management of tropical forests or coral reefs or
        associated coastal marine ecosystems, without replacing
        existing levels of financial efforts by the government of the
        beneficiary country and with priority given to projects that
        complement grants made under subparagraphs (A) and (B)''; and
            (2) by amending subsection (f) to read as follows:
    ``(f) Review of Larger Grants.--Any grant of more than $250,000
from a Fund must be approved by the Government of the United States and
the government of the beneficiary country.''.
    (d) Technical and Conforming Amendments.--Such section is further
amended--
            (1) in subsection (c)(2)(A)(i), by inserting ``to serve in
        an official capacity'' after ``Government'';
            (2) in subsection (d)--
                    (A) in the matter preceding paragraph (1), by
                striking ``tropical forests'' and inserting ``tropical
                forests and coral reefs and associated coastal marine
                ecosystems related to such coral reefs'';
                    (B) in paragraph (5), by striking ``tropical
                forest''; and
                    (C) in paragraph (6), by striking ``living in or
                near a tropical forest in a manner consistent with
                protecting such tropical forest'' and inserting
                ``dependent on a tropical forest or coral reef or an
                associated coastal marine ecosystem related to such
                coral reef and related resources in a manner consistent
                with conserving such resources''.
    (e) Conforming Amendments to Definitions.--Section 803(7) of such
Act (22 U.S.C. 2431a(7)) is amended--
            (1) in the heading, by striking ``Tropical forest
        agreement'' and inserting ``Conservation agreement''; and
            (2) by striking ``Tropical Forest Agreement'' both places
        it appears and inserting ``Conservation Agreement''.

SEC. 8. CONSERVATION FUND.

    (a) In General.--Section 810 of the Tropical Forest and Coral
Conservation Act of 2009 (22 U.S.C. 2431h), as renamed by section 2(a),
is amended--
            (1) in the section heading, by striking ``tropical forest
        fund'' and inserting ``conservation fund''; and
            (2) in subsection (a)--
                    (A) by striking ``Tropical Forest Agreement'' and
                inserting ``Conservation Agreement''; and
                    (B) by striking ``Tropical Forest Fund'' and
                inserting ``Conservation Fund''.
    (b) Conforming Amendments to Definitions.--Such Act is further
amended--
            (1) in section 803(9) (22 U.S.C. 2431a(9))--
                    (A) in the heading, by striking ``Tropical forest
                fund'' and inserting ``Conservation fund''; and
                    (B) by striking ``Tropical Forest Fund'' both
                places it appears and inserting ``Conservation Fund'';
            (2) in section 806(c)(2) (22 U.S.C. 2431d(c)(2)), by
        striking ``Tropical Forest Fund'' and inserting ``Conservation
        Fund''; and
            (3) in section 807(c)(2) (22 U.S.C. 2431e(c)(2)), by
        striking ``Tropical Forest Fund'' and inserting ``Conservation
        Fund''.

SEC. 9. REPEAL OF AUTHORITY OF THE ENTERPRISE FOR THE AMERICAS BOARD TO
              CARRY OUT ACTIVITIES UNDER THE TROPICAL FOREST AND CORAL
              CONSERVATION ACT OF 2009.

    (a) In General.--Section 811 of the Tropical Forest and Coral
Conservation Act of 2009 (22 U.S.C. 2431i), as renamed by section 2(a),
is repealed.
    (b) Conforming Amendments.--Section 803 of such Act (22 U.S.C.
2431a), as renamed by section 2(a), is amended--
            (1) by striking paragraph (4); and
            (2) by redesignating paragraphs (5), (6), (7), (8), and (9)
        as paragraphs (4), (5), (6), (7), and (8), respectively.

SEC. 10. CHANGES TO DUE DATES OF ANNUAL REPORTS TO CONGRESS.

    Section 813 of the Tropical Forest and Coral Conservation Act of
2009 (22 U.S.C. 2431k), as renamed by section 2(a), is amended--
            (1) in subsection (a)--
                    (A) by striking ``(a) In General.--Not later than
                December 31'' and inserting ``Not later than April
                15'';
                    (B) by striking ``Facility'' both places it appears
                and inserting ``Conservation Facility''; and
                    (C) by striking ``fiscal year'' both places it
                appears and inserting ``calendar year''; and
            (2) by striking subsection (b).

SEC. 11. CHANGES TO INTERNATIONAL MONETARY FUND CRITERION FOR COUNTRY
              ELIGIBILITY.

    Section 703(a)(5) of the Foreign Assistance Act of 1961 (22 U.S.C.
2430b(a)(5)) is amended--
            (1) by striking ``or, as appropriate in exceptional
        circumstances,'' and inserting ``or'';
            (2) in subparagraph (A)--
                    (A) by striking ``or in exceptional circumstances,
                a Fund monitored program or its equivalent,'' and
                inserting ``or a Fund monitored program, or is
                implementing sound macroeconomic policies,''; and
                    (B) by striking ``(after consultation with the
                Enterprise for the Americas Board)''; and
            (3) in subparagraph (B), by striking ``(after consultation
        with the Enterprise for Americas Board)''.

SEC. 12. NEW AUTHORIZATION OF APPROPRIATIONS FOR THE REDUCTION OF DEBT
              AND AUTHORIZATION FOR AUDIT, EVALUATION, MONITORING, AND
              ADMINISTRATION EXPENSES.

    Section 806 of the Tropical Forest and Coral Conservation Act of
2009 (22 U.S.C. 2431d), as renamed by section 2(a), is amended--
            (1) in subsection (d), by adding at the end the following
        new paragraphs:
            ``(7) $25,000,000 for fiscal year 2009.
            ``(8) $30,000,000 for fiscal year 2010.
            ``(9) $30,000,000 for fiscal year 2011.
            ``(10) $30,000,000 for fiscal year 2012.''; and
            (2) by amending subsection (e) to read as follows:
    ``(e) Use of Funds To Conduct Program Audits, Evaluations,
Monitoring, and Administration.--Of the amounts made available to carry
out this part for a fiscal year, $300,000 is authorized to be made
available to carry out audits, evaluations, monitoring, and
administration of programs under this part, including personnel costs
associated with such audits, evaluations, monitoring and
administration.''.

Output:
Tropical Forest and Coral Conservation Reauthorization Act of 2009 - (Sec. 2) Renames the Tropical Forest Conservation Act of 1998 as The Tropical Forest and Coral Conservation Act of 2009.

(Sec. 3) Includes tropical forests and coral reefs and associated coastal marine ecosystems within the scope of such Act.

Defines "coral" as species of the phylum Cnidaria, including: (1) all species of the orders Antipatharia (black corals), Scleractinia (stony corals), Alcyonacea (soft corals), Gorgonacea (horny corals), Stolonifera (organpipe corals and others), and Coenothecalia (blue coral), of the class Anthoza; and (2) all species of the order Hydrocorallina (fire corals and hydrocorals) of the class Hydrozoa.

Defines "associated coastal marine ecosystem" as any coastal marine ecosystem surrounding, or directly related to, a coral reef and important to maintaining the ecological integrity of that coral reef, such as seagrasses, mangroves, sandy seabed communities, and immediately adjacent coastal areas.

(Sec. 4) Renames the Tropical Forest Facility as the Conservation Facility.

(Sec. 6) Authorizes U.S. government representation on the administering body that oversees the implementation of grants from a debt-for-nature swap or debt buy-back regardless of whether the United States is a party to any agreement between the eligible purchaser and the government of the beneficiary country.

(Sec. 7) Requires U.S. government and beneficiary country government review of Conservation Fund grants in excess of $250,000.

(Sec. 9) Repeals Enterprise of the Americas Board authority to carry out activities under the Act.

(Sec. 10) Changes the due date for the annual Facility report to Congress from December 31 to April 15.

(Sec. 11) Revises country eligibility criteria.

(Sec. 12) Authorizes FY2009-FY2012 appropriations for debt reduction.

Increases annual funds available for program audits and evaluation, and makes such funds available for program monitoring and administration.


Input:
SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Tribal Government Tax-Exempt Bond
Authority Amendments Act of 1999''.

SEC. 2. CONSTITUTIONAL AUTHORITY.

    The Constitutional authority upon which this Act rests is the power
of Congress to lay and collect taxes and to regulate commerce with
foreign nations and among the several States and with the Indian
tribes, as set forth in section 8 of Article I of the United States
Constitution.

SEC. 3. MODIFICATIONS OF AUTHORITY OF INDIAN TRIBAL GOVERNMENTS TO
              ISSUE TAX-EXEMPT BONDS.

    (a) General Provision.--Subsection (c) of section 7871 of the
Internal Revenue Code of 1986 (relating to Indian tribal governments
treated as States for certain purposes) is amended to read as follows:
    ``(c) Additional Requirements for Tax-Exempt Bonds.--
            ``(1) In general.--Subsection (a) of section 103 shall
        apply to any obligation issued by an Indian tribal government
        (or subdivision thereof) only if such obligation is part of an
        issue 95 percent or more of the net proceeds of which are to be
        used to finance facilities located on land within or in close
        proximity to the exterior boundaries of an Indian reservation.
            ``(2) Private activity bonds.--Any private activity bond
        (as defined in section 141(a)) issued by an Indian tribal
        government (or subdivision thereof) shall be treated as a
        qualified bond for purposes of section 103(b)(1) to which
        section 146 does not apply if--
                    ``(A) General restrictions.--The requirements of
                section 144(a)(8)(B) and section 147 are met with
                respect to the issue.
                    ``(B) Specific restrictions.--
                            ``(i) Ownership.--In the case of an issue
                        the net proceeds of which exceed $500,000, 50
                        percent or more of the profits or capital
                        interests in the facilities to be financed
                        thereby (or in the entity owning the
                        facilities) are owned either by an Indian
                        tribe, a subdivision thereof, a corporation
                        chartered under section 17 of the Indian
                        Reorganization Act of 1934 (25 U.S.C. 477) or
                        section 3 of the Oklahoma Welfare Act (25
                        U.S.C. 503), individual enrolled members of an
                        Indian Tribe, an entity wholly-owned by any of
                        the foregoing, or any combination thereof.
                            ``(ii) Employment test.--It is reasonably
                        expected (at the time of issuance of the
                        obligations) that for each $100,000 of net
                        proceeds of the issue at least 1 employee
                        rendering services at the financed facilities
                        is an enrolled member of an Indian tribe or the
                        spouse of an enrolled member of an Indian
                        tribe.
                            ``(iii) Gaming.--No part of the issue of
                        which such bond is a part is used for property
                        (or any portion thereof) placed in service for
                        purposes of conducting or housing class I, II,
                        or III gaming (as defined in section 4 of the
                        Indian Regulatory Act (25 U.S.C. 2703)).
            ``(3) Definitions.--For purposes of this subsection--
                    ``(A) Indian tribe.--The term `Indian tribe' means
                any Indian tribe, band, nation, pueblo, or other
                organized group or community, including any Alaska
                Native village, or regional or village corporation, as
                defined in, or established pursuant to, the Alaska
                Native Claims Settlement Act (43 U.S.C. 1601 et seq.),
                which is recognized as eligible for the special
                programs and services provided by the United States to
                Indians because of their status as Indians.
                    ``(B) Indian reservation.--The term `Indian
                reservation' means a reservation, as defined in--
                            ``(i) section 3(d) of the Indian Financing
                        Act of 1974 (25 U.S.C. 1452(d)); or
                            ``(ii) section 4(10) of the Indian Child
                        Welfare Act of 1978 (25 U.S.C. 1903(10)).
                    ``(C) In close proximity to.--The term `in close
                proximity to' means--
                            ``(i) in the case of an Indian reservation,
                        or portion thereof, located within a
                        metropolitan statistical area (within the
                        meaning of section 143(k)(2)(B)), within 1 mile
                        of the boundaries of such reservation, or
                        portion thereof; and
                            ``(ii) in the case of an Indian
                        reservation, or portion thereof, located within
                        a nonmetropolitan area (as defined in section
                        42(d)(5)(C)(iv)(IV)), within 15 miles of the
                        boundaries of such reservation, or portion
                        thereof.
                    ``(D) Net proceeds.--The term `net proceeds' has
                the meaning given such term by section 150(a)(3).''
    (b) Conforming Amendment.--Paragraph (3) of section 149(b) of the
Internal Revenue Code of 1986 (relating to federally guaranteed bond is
not exempt) is amended by redesignating subparagraph (D) as
subparagraph (E) and by inserting after subparagraph (C) the following
new subparagraph:
                    ``(D) Exception for bonds issued by indian tribal
                governments.--Paragraph (1) shall not apply to any bond
                issued by an Indian tribal government (or subdivision
                thereof) unless such bond is federally guaranteed
                within the meaning of paragraph (2)(B)(ii).''

SEC. 4. EXEMPTION FROM REGISTRATION REQUIREMENTS.

    The first sentence of section 3(a)(2) of the Securities Act of 1933
(15 U.S.C. 77c(a)(2)) is amended by inserting ``or by any Indian tribal
government or subdivision thereof (within the meaning of section 7871
of the Internal Revenue Code of 1986),'' after ``or Territories,''.

SEC. 5. EFFECTIVE DATE.

    The amendments made by this Act shall apply to obligations issued
after the date of the enactment of this Act.

Output: Amends the Securities Act of 1933 to exempt obligations issued by an Indian tribal government or subdivision from registration requirements.