Summary: Amends the Internal Revenue Code to make permanent the 15-year recovery period classification for qualified leasehold improvement, restaurant, and retail improvement property, for purposes of the depreciation tax deduction.

amends internal revenue code permanent year recovery period classification qualified leasehold improvement restaurant retail improvement property purposes depreciation tax deduction


Summary: Bonus Depreciation and Enhanced Expensing for Small Businesses Extension Act of 2009 - Amends the Internal Revenue Code to extend through 2010: (1) the increased expensing allowance for depreciable small business assets (i.e., $250,000); (2) bonus depreciation for depreciable business property; and (3) the taxpayer election to accelerate alternative minimum tax and research tax credits in lieu of bonus depreciation. Sets forth special rules for taxpayers who previously elected acceleration of such credits and for those who did not.

enhanced expensing small businesses extension act amends internal revenue code extend increased expensing allowance depreciable small business assets bonus depreciation depreciable business property taxpayer election accelerate alternative minimum tax research tax credits lieu bonus depreciation sets forth special rules taxpayers previously elected acceleration credits


Summary: Main Street Survival Act - Expresses the sense of Congress that the President should encourage financial institutions that have received federal financial support to maintain historic levels of lending to small and medium-sized businesses. Instructs the Secretary of the Treasury to establish a three-year Main Street Revolving Loan Fund Program to provide temporary loans to businesses with less than 1,000 full-time equivalent employees. Establishes in the Treasury a revolving loan fund to implement the Program. Permits a business to use a Main Street revolving loan to finance the cost of certain operations, but prohibits the use of it to expand its operations significantly. Limits the term of such a loan to nine months, and the maximum total amount of loans to a particular business in any fiscal year to $1 million.

main street survival act expresses sense congress president encourage financial institutions received federal financial support maintain historic levels lending small medium sized businesses instructs secretary treasury establish year provide temporary loans businesses time equivalent employees establishes treasury revolving loan fund implement program permits business use main street revolving loan finance cost certain operations prohibits use expand operations significantly limits term loan months maximum total loans particular business fiscal year million


Summary: BPA Consumer Information Act of 2009 - Amends the Federal Food, Drug, and Cosmetic Act to deem a food to be misbranded if its container: (1) is composed, in whole or in part, of bisphenol A or could release bisphenol A into food; and (2) fails to display such information in a warning on its label.

bpa consumer information act amends cosmetic act deem food misbranded container composed bisphenol release bisphenol food fails display information warning label


Summary: Minority Business Development Improvements Act of 2009 - Requires the Director of the Minority Business Development Agency to establish the Minority Business Development Program to provide qualified minority businesses with technical assistance, loan guarantees, and contract procurement assistance. Outlines minority business qualification requirements for the Program, including that: (1) not less than 51% of the entity be directly and unconditionally owned by historically disadvantaged individuals; and (2) each officer or other individual exercising control over regular operations is a historically disadvantaged individual. Outlines specific types of technical assistance and loan guarantees authorized under the Program. Provides loan guarantee limits. Authorizes the Director to enter into agreements for the fulfillment of federal procurement contracts by, and contracting opportunities for, qualified minority businesses. Provides contract limits. Allows the Director to terminate a qualified minority business from the Program under specified circumstances.

requires director minority_business_development_agency establish provide qualified minority businesses technical assistance loan guarantees contract procurement assistance outlines minority business qualification requirements program including entity directly owned historically disadvantaged individuals officer individual exercising control regular operations historically disadvantaged individual outlines specific types technical assistance loan guarantees authorized program provides loan guarantee limits authorizes director enter agreements fulfillment federal procurement contracts contracting opportunities qualified minority businesses provides contract limits allows director terminate qualified minority business program specified circumstances


Summary: Small Business Contracting Protection Act of 2010 - Directs the Administrator of the Small Business Administration (SBA) to issue regulations defining the term "pass-through business" with respect to another business, for purposes of possible misrepresentation in obtaining SBA-administered small business loans. Outlines criteria for determining whether an entity qualifies as a pass-through business for such purposes. Provides penalties for misrepresentation as a pass-through business.

directs administrator small_business_administration sba issue regulations defining term pass business respect business purposes possible misrepresentation obtaining sba administered small business loans outlines criteria determining entity qualifies pass business purposes provides penalties misrepresentation pass business


Summary: Helping Small Business Compete Act of 2010 - Amends the Small Business Act to increase from 23% to 25% the government-wide small business procurement contract goal. Requires the President, before the close of each fiscal year, to establish new goals. Requires each federal agency to have an anuual goal at least equal to the federal goal. Sets forth provisions concerning methods for goal achievement, including requiring procurement training for senior executives and a limitation on incentive awards for failure to meet goals. Redefines the term: (1) "bundled contract" to mean a contract or order entered into to meet procurement requirements that are consolidated in a bundling of contract requirements, without regard to its designation by the procuring agency or whether a study of the effects of the solicitation on civilian or military personnel has been made; and (2) "bundling of contract requirements" to mean any bundling methodology to satisfy two or more procurement requirements for new or existing goods or services, including any construction services, that is likely to be unsuitable for award to a small business due to the specialized nature of performance, the dollar value of the award, or the geographical dispersion of the contract or order performance. Makes the revised definitions inapplicable for contracts under $65 million for construction services and, for all other types of contracts, under $5 million. Requires notification to Small Business Administration (SBA) procurement center representatives of identifying information on incumbent contract holders, a description of the industries potentially interested in bidding on the contract requirements, and the number of small businesses listed in the industry categories that could be excluded from future bidding if the contract is bundled. Allows the SBA Administrator, if there is cause to believe a contract combines requirements or a contract or task or delivery order for construction services or includes unjustified bundling, to request a statement of work for goods and services, and to request that the solicitation process be postponed at least 10 days (but not more than 30) to allow the Administrator to review the statement and make recommendations. Allows a small business adversely affected by a proposed procurement that includes contract bundling to take specified actions. Allows the SBA, whenever the head of a contracting agency makes a decision concerning the Administrator's challenge to a bundling of contract requirements, to file a challenge with the appropriate agency board of contract appeals. Requires the Administrator to promulgate regulations concerning good faith compliance with small business subcontracting plans and requirements. Provides criminal penalties for violators making false statements in an effort to obtain a federal contract.

helping small business compete act amends small business act increase government wide small business procurement contract goal requires president close fiscal year establish new goals requires federal agency goal equal federal goal sets forth provisions concerning methods goal achievement including requiring procurement training senior executives limitation incentive awards failure meet goals redefines term bundled contract mean contract order entered meet procurement requirements consolidated bundling contract requirements regard designation procuring agency study effects solicitation civilian military personnel bundling contract requirements mean bundling methodology satisfy procurement requirements new existing goods services including construction services likely unsuitable award small business specialized nature performance dollar value award geographical contract order performance makes revised definitions inapplicable contracts million construction services types contracts million requires notification small_business_administration sba procurement center representatives identifying information incumbent contract holders description industries potentially interested bidding contract requirements number small businesses listed industry categories excluded future bidding contract bundled allows sba administrator cause believe contract combines requirements contract task delivery order construction services includes unjustified bundling request statement work goods services request solicitation process days allow administrator review statement recommendations allows small business adversely affected proposed procurement includes contract bundling specified actions allows sba head contracting agency makes decision concerning administrator challenge bundling contract requirements file challenge appropriate agency board contract appeals requires administrator promulgate regulations concerning good faith compliance small business subcontracting plans requirements provides criminal penalties violators making false statements effort obtain federal contract


Summary: Small Business Environmental Stewardship Assistance Act of 2010 - Amends the Small Business Act to reauthorize for FY2011-FY2015 the national small business tree planting program (a program under which the Small Business Administration (SBA) makes grants to states for contracting with small businesses to plant trees on land owned or controlled by a state or local government).

amends small business act reauthorize fy2011 fy2015 national small business tree planting program program small_business_administration sba makes grants states contracting small businesses plant trees land owned controlled state local government


Summary: Job Creation Act of 2010 - Amends the Internal Revenue Code to: (1) extend through 2010 the increased expensing allowance for depreciable business assets; (2) exclude from gross income in 2010 100% of the gain from the sale of small business stock; and (3) exclude from gross income in 2010 all unemployment compensation. Amends the Emergency Economic Stabilization Act of 2008 (EESA) to require all amounts repaid under the Troubled Asset Relief Program (TARP) to reduce the program's purchase authority. Amends Rule 11 of the Federal Rules of Civil Procedure (sanctions for filing a frivolous lawsuit) to: (1) require courts to award reasonable expenses, including attorney's fees, to a prevailing party in a Rule 11 proceeding (currently discretionary); and (2) eliminate the 21-day period allowed for withdrawing or correcting a claim deemed frivolous. Requires state courts to apply Rule 11 to actions in state courts that substantially affect interstate commerce. Limits venue for personal injury claims filed in state or federal courts to the county or district: (1) in which the plaintiff or defendant resides; (2) where the plaintiff resided at the time of the alleged injury; or (3) the district in which the defendant's principal place of business is located. Imposes additional sanctions: (1) on attorneys who are found to violate Rule 11 three or more times; and (2) for willful and intentional destruction of documents relevant to a pending action in federal court. Establishes a rebuttable presumption of a Rule 11 violation if a plaintiff attempts to litigate a claim that has already been litigated and lost on the merits. Prohibits a court in a Rule 11 proceeding from ordering the nondisclosure of the record of the proceeding unless the court makes a specific finding of fact that justifies such an order.

job creation act amends internal revenue code extend increased expensing allowance depreciable business assets exclude gross income gain sale small business stock exclude gross income unemployment compensation amends emergency economic stabilization act eesa require amounts repaid troubled_asset_relief_program tarp reduce program purchase authority amends rule federal_rules_of_civil_procedure sanctions filing frivolous lawsuit require courts award reasonable expenses including attorney fees prevailing party rule proceeding currently discretionary eliminate day period allowed withdrawing correcting claim deemed frivolous requires state courts apply rule actions state courts substantially affect interstate commerce limits venue personal injury claims filed state federal courts county district plaintiff defendant resides plaintiff resided time alleged injury district defendant principal place business located imposes additional sanctions attorneys found violate rule times willful intentional destruction documents relevant pending action federal court establishes rebuttable presumption rule violation plaintiff attempts litigate claim lost merits prohibits court rule proceeding ordering nondisclosure record proceeding court makes specific finding fact justifies order


Summary: Help Small Businesses Start and Grow Act of 2010 - Amends the Internal Revenue Code to: (1) allow an increased tax deduction for business start-up expenditures in 2009, 2010, or 2011; (2) allow a standard tax deduction for the business use of a home; (3) increase the rate of the tax deduction for business meals and entertainment expenses; and (4) extend bonus depreciation allowances through 2012. Directs the Administrator of the Small Business Administration (SBA) to: (1) establish and carry out a small business direct lending program; (2) report to the House and Senate Small Business Committees on the loan program, including the number and amount of loans made under the program. Requires the Comptroller General to evaluate the effectiveness of the program and identify any waste or abuse relating to the program.

help small businesses start amends internal revenue code allow increased tax deduction business start expenditures allow standard tax deduction business use home increase rate tax deduction business meals entertainment expenses extend bonus depreciation allowances directs administrator small_business_administration sba establish carry small business direct lending program report house loan program including number loans program requires comptroller general evaluate effectiveness program identify waste abuse relating program


Summary: Directs the Comptroller General to study and report to Congress on the performance of the federal government in meeting goals for participation in federal procurement contracts by small businesses owned and controlled by service-disabled veterans and women.

directs comptroller general study report congress performance federal government meeting goals participation federal procurement contracts small businesses owned controlled service disabled veterans women


Summary: Creating Jobs From Innovative Small Businesses Act of 2010 - Amends the Internal Revenue Code to allow a general business tax credit of 20% of the amount paid to acquire an equity investment in a qualified high technology small business concern. Defines "qualified high technology small business concern" as a small business concern that employs an average of fewer than 500 employees during a year and devotes at least 50% of its gross expenditures to research and experimentation.

creating jobs innovative small businesses act amends internal revenue code allow general business tax credit paid acquire equity investment qualified high technology small business concern defines qualified high technology small business concern small business concern employs average fewer employees year gross expenditures research experimentation


Summary: Small Business Jobs and Tax Relief Act of 2010 - Amends the Internal Revenue Code to: (1) extend through 2011 bonus depreciation for certain depreciable business property; (2) extend through 2010 the election to accelerate the alternative minimum tax (AMT) and research tax credits in lieu of bonus depreciation; (3) increase in 2010, 2011, and 2012, the tax deduction for business start-up expenditures; (4) remove restrictions on the tax deduction for employee use of cellular telephones; (5) revise the definition of "qualified nonrecourse financing" to include qualified nonrecourse real property or Small Business Investment Company financing as amounts at risk for purposes of determining the deductibility of losses from certain investment activities, including farming, leasing, and energy exploration; and (6) allow a 100% exclusion from gross income in 2010 of gain from the sale of qualified small business stock.

small business jobs tax relief act amends internal revenue code extend bonus depreciation certain depreciable business property extend election accelerate alternative minimum tax amt research tax credits lieu bonus depreciation increase tax deduction business start expenditures remove restrictions tax deduction employee use cellular telephones revise definition qualified nonrecourse financing include qualified nonrecourse real property financing amounts risk purposes determining deductibility losses certain investment activities including farming leasing energy exploration allow exclusion gross income gain sale qualified small business stock


Summary: Small Business Tax Relief and Job Growth Act of 2010 - Amends the Internal Revenue Code to: (1) increase the tax deduction for business start-up expenditures; (2) allow expensing in 2010 and 2011 of improvements to real property and structural improvements to buildings used in a trade or business; and (3) reduce from 35% to 15% the alternative tax on the net capital gains of C corporations with annual gross receipts of not more than $15 million.

small business tax relief job growth act amends internal revenue code increase tax deduction business start expenditures allow expensing improvements real property structural improvements buildings trade business reduce alternative tax net capital gains corporations annual gross receipts million


Summary: Small Business and Infrastructure Jobs Tax Act of 2010 - Title I: Small Business Tax Incentives - Subtitle A: General Provisions - (Sec. 101) Amends the Internal Revenue Code to allow a 100% exclusion from gross income of the gain from the sale of qualified small business stock acquired after March 15, 2010, and before January 1, 2012. Exempts such gain from the alternative minimum tax (AMT). Subtitle B: Limitations and Reporting on Certain Penalties - (Sec. 111) Limits the penalty for failure to disclose a reportable transaction (a transaction determined by the Internal Revenue Service [IRS] as having a potential for tax avoidance or evasion) to 75% of the decrease in tax resulting from such transaction. Sets forth minimum and maximum penalties for failure to disclose a listed transaction (a transaction specifically identified by the IRS as a tax avoidance transaction) and reportable transactions. (Sec. 112) Requires the Commissioner of Internal Revenue to report, annually, to the House Committee on Ways and Means and the Senate Committee on Finance on penalties relating to tax shelters and reportable transactions. Subtitle C: Other Provisions - (Sec. 121) Revises the definition of "qualified nonrecourse financing" to include qualified nonrecourse real property or Small Business Investment Company financing as amounts at risk for purposes of determining the deductibility of losses from certain investment activities, including farming, leasing, and energy exploration. (Sec. 122) Increases in 2010 and 2011 the tax deduction for business start-up expenditures. Title II: Infrastructure Incentives - (Sec. 201) Extends through March 31, 2013, the period for issuing Build America Bonds and for credits allowable to issuers of such bonds. Allows expenditures for flood control projects to be financed by Build America Bonds. (Sec. 202) Exempts private activity bonds for sewage and water supply facilities from the state volume caps applicable to such bonds. Allows Indian tribal governments to issue tax-exempt private activity bonds to provide water or sewage facilities. (Sec. 203) Extends through 2011 the exemption from AMT treatment of interest on certain tax-exempt bonds. (Sec. 204) Allow taxpayers to take elective payments in lieu of low-income housing tax credits for low-income buildings financed by tax-exempt bonds. Terminates such election for buildings placed in service after 2010. (Sec. 205) Extend through 2011 the period for issuing recovery zone economic development bonds and recovery zone facility bonds. Requires the Secretary of the Treasury to allocate 2010 national limitations on recovery bonds based upon state unemployment statistics. (Sec. 206) Allows a full offset against the AMT for new market tax credit amounts. Title III: Revenue Provisions - (Sec. 301) Prohibits a reduction of tax withholding for payments made by a U.S. subsidiary of a foreign parent corporation to a related subsidiary in any country that has a tax treaty with the United States, except for payments made directly to the foreign parent corporation. (Sec. 302) Allows nonrecognition of gain in a corporate reorganization for corporations that exchange property solely for stock other than nonqualified preferred stock. (Sec. 303) Repeals tax rules that treat as foreign source income interest or dividends paid by a resident alien individual or a U.S. corporation that meets the 80% active foreign business income requirement. (Sec. 304) Treats rental income from real estate as a trade or business activity for tax reporting purposes. (Sec. 305) Expands the continuous tax levy on payments to vendors for goods and services to include payments for all property, goods, or services and for delinquent employment taxes owed by such vendors. (Sec. 307) Expands rules for valuing assets in grantor retained annuity trusts to require: (1) that the right to receive fixed amounts from an annuity last for a term of not less than 10 years and that such fixed amounts not decrease during the first 10 years of the annuity term; and (2) that the remainder interest have a value greater than zero when transferred. (Sec. 308) Increases the penalties for failure to file correct information returns and for intentional disregard of reporting requirements. (Sec. 309) Excludes from the definition of "cellulosic biofuel" for purposes of the cellulosic biofuel producer tax credit any processed fuel with an acid number greater than 25. Defines "processed fuel" as a fuel consisting of more than 4% combined water and sediment or more than 1% ash. (Sec. 310) Increases estimated tax payments for corporations with assets of $1 billion or more. Title IV: Extension of Emergency Contingency Fund for State Temporary Assistance for Needy Families Programs - (Sec. 401) Amends part A of title IV (Temporary Assistance to Needy Families [TANF]) of the Social Security Act to extend funding for the Emergency Contingency Fund (Fund) through FY2011. Limits payments to states for the Fund in FY2009-FY2011. Directs the Secretary of Health and Human Services to issue program guidance on payments from the Fund for subsidized employment.

small business infrastructure jobs tax act title small business tax incentives subtitle general provisions sec amends internal revenue code allow exclusion gross income gain sale qualified small business stock acquired march january exempts gain alternative minimum tax amt subtitle limitations reporting certain penalties sec limits penalty failure disclose reportable transaction transaction determined internal_revenue_service irs having potential tax avoidance evasion decrease tax resulting transaction sets forth minimum maximum penalties failure disclose listed transaction transaction specifically identified irs tax avoidance transaction reportable transactions sec requires commissioner internal_revenue report annually house_committee ways_and_means senate_committee_on_finance penalties relating tax shelters reportable transactions subtitle provisions sec revises definition qualified nonrecourse financing include qualified nonrecourse real property financing amounts risk purposes determining deductibility losses certain investment activities including farming leasing energy exploration sec increases tax deduction business start expenditures title infrastructure incentives sec extends march period issuing build america bonds credits allowable issuers bonds allows expenditures flood control projects financed sec exempts private activity bonds sewage water supply facilities state volume caps applicable bonds allows indian tribal governments issue tax exempt private activity bonds provide water sewage facilities sec extends exemption amt treatment interest certain tax exempt bonds sec allow taxpayers elective payments lieu low income housing tax credits low income buildings financed tax exempt bonds terminates election buildings placed service sec extend period issuing recovery zone economic development bonds recovery zone facility bonds requires secretary treasury allocate national limitations recovery bonds based state unemployment statistics sec allows offset amt new market tax credit amounts title iii revenue provisions sec prohibits reduction tax withholding payments subsidiary foreign parent corporation related subsidiary country tax treaty united_states payments directly foreign parent corporation sec allows nonrecognition gain corporate reorganization corporations exchange property solely stock nonqualified preferred stock sec repeals tax rules treat foreign source income interest dividends paid resident alien individual corporation meets active foreign business income requirement sec treats rental income real estate trade business activity tax reporting purposes sec expands continuous tax levy payments vendors goods services include payments property goods services delinquent employment taxes owed vendors sec expands rules valuing assets grantor retained annuity trusts require right receive fixed amounts annuity term years fixed amounts decrease years annuity term remainder interest value greater zero transferred sec increases penalties failure file correct information returns intentional disregard reporting requirements sec excludes definition cellulosic biofuel purposes cellulosic biofuel producer tax credit processed fuel acid number greater defines processed fuel fuel consisting combined water sediment ash sec increases estimated tax payments corporations assets billion title extension emergency contingency fund state temporary assistance needy families programs sec amends title temporary assistance needy families tanf social security act extend funding fy2011 limits payments states fund fy2009 fy2011 directs secretary health_and_human_services issue program guidance payments fund subsidized employment


Summary: Expanding Opportunities for Main Street Act of 2010 - Requires a federal department or agency, to the extent practicable, to award to a small business each acquisition contract of more than $3,000 and less than $500,000 (eligible contract). Authorizes a federal department or agency to award an eligible contract to a small business if at least one small business submits a contract offer. Requires federal contracting officers to provide a determination of and reasons for not awarding an eligible contract to a small business. Amends the Small Business Act to allow an otherwise-qualifying individual with a net worth of less than $1.5 million to participate in the Minority Small Business and Capital Ownership Development Program of the Small Business Administration (SBA). Redefines the terms "bundled contracts" and "bundling of contract requirements" for purposes of small business participation in federal procurement contracts. Increases federal small business procurement contracting goals. Requires the withholding of specified contract amounts to contractors who fail to award a specified percentage of its subcontracts to small business concerns owned and controlled by socially and economically disadvantaged individuals. Amends the American Recovery and Reinvestment Act of 2009 to extend through FY2011 an SBA program to provide deferred loans to small businesses that have a qualifying loan and are experiencing immediate financial hardship. Requires the Director of the Minority Business Development Agency (MBDA) to establish the Minority Business Development Program to assist minority businesses with technical assistance, loan guarantees, and contract procurement assistance. Authorizes the Director to: (1) enter into agreements to provide set-aside contracting opportunities to minority businesses; and (2) terminate a minority business from the Program for specified violations. Requires the National Director of the MBDA to establish a database to assist prime contractors in identifying historically disadvantaged firms for subcontracting. Directs the Secretary of Labor to establish a minimum percentage of construction work hours to be performed by targeted workers (workers whose families have incomes of no more than 200% of federal poverty guidelines) under contracts for facilities and infrastructure construction and rehabilitation funded directly by or assisted in whole or in part by the federal government in FY2011. Requires the utilization of apprenticeship programs for such workers. Expresses the sense of Congress urging participation in such contracts by socially and economically disadvantaged small businesses. Amends the Internal Revenue Code to extend through 2011: (1) the new markets tax credit national limitation of $5 billion; and (2) empowerment zone designations.

expanding opportunities main street act requires federal department agency extent practicable award small business acquisition contract eligible contract authorizes federal department agency award eligible contract small business small business submits contract offer requires federal contracting officers provide determination reasons awarding eligible contract small business amends small_business_act allow qualifying individual net worth million participate small_business_administration sba redefines terms bundled contracts bundling contract requirements purposes small business participation federal procurement contracts increases federal small business procurement contracting goals requires withholding specified contract amounts contractors fail award specified percentage subcontracts small business concerns owned controlled socially economically disadvantaged individuals amends american_recovery_and_reinvestment_act extend fy2011 sba program provide deferred loans small businesses qualifying loan experiencing immediate financial hardship requires director minority_business_development_agency establish assist minority businesses technical assistance loan guarantees contract procurement assistance authorizes director enter agreements provide set aside contracting opportunities minority businesses terminate minority business program specified violations requires national director establish database assist prime contractors identifying historically disadvantaged firms subcontracting directs secretary labor establish minimum percentage construction work hours performed targeted workers workers families incomes federal poverty guidelines contracts facilities infrastructure construction rehabilitation funded directly assisted federal government fy2011 requires utilization apprenticeship programs workers expresses sense congress urging participation contracts socially economically disadvantaged small businesses amends internal revenue code extend new markets tax credit national limitation billion empowerment zone designations


Summary: Small Business Development Centers Relief Act of 2010 - Directs the Administrator of the Small Business Administration (SBA), during the one-year period beginning on the date of enactment of this Act, to waive the requirement that a matching amount be provided as a condition of grants authorized under the SBA's small business development center program.

relief act directs administrator small_business_administration sba year period beginning date enactment act waive requirement matching provided condition grants authorized sba small business development center program


Summary: Requires at least 10% of funds made available for high-speed rail corridor planning and development projects to be expended through small business concerns owned and controlled by socially and economically disadvantaged individuals (disadvantaged business enterprises). Authorizes the Secretary of Transportation, however, if this requirement will prevent the satisfactory completion of a project because of a lack of competitive bids by disadvantaged business enterprises, to reduce the percentage for the project to the extent necessary to ensure its satisfactory completion. Requires the Secretary to establish minimum uniform criteria for recipients of high-speed rail corridor project funds to use in certifying small business concerns as disadvantaged business enterprises. Expresses the sense of Congress that the federal government should continue to encourage participation by veteran-owned small businesses in federal contracting and procurement opportunities and federally-funded projects, including the small business programs of the Department of Transportation (DOT) and other federal agencies.

requires funds available high speed rail corridor planning development projects expended small business concerns owned controlled socially economically disadvantaged individuals disadvantaged business enterprises authorizes secretary transportation requirement prevent satisfactory completion project lack competitive bids disadvantaged business enterprises reduce percentage project extent necessary ensure satisfactory completion requires secretary establish minimum uniform criteria recipients high speed rail corridor project funds use certifying small business concerns disadvantaged business enterprises expresses sense congress federal government continue encourage participation veteran owned small businesses federal contracting procurement opportunities federally funded projects including small business programs department_of_transportation dot federal agencies


Summary: Small Business Bill of Rights - Amends the Internal Revenue Code to: (1) extend through 2011 the offset of nonrefundable personal credits against regular and alternative minimum tax (AMT) liability, the increased AMT exemption amount, and the reduced tax rates on dividends and capital gains; (2) reduce the tax rate on gain from the sale of qualified small business stock; (3) increase in 2009, 2010, or 2011 the tax deduction for business start-up expenses; (4) allow self-employed individuals to deduct health insurance costs in computing the tax on self-employment income; (5) increase and make permanent the tax credit for the purchase of hybrid motor vehicles; (6) allow a new tax credit for the purchase of flexible fuel vehicles; and (7) make the tax credits for residential energy efficiency expenditures and the tax deduction for energy efficient commercial building expenditures permanent. Requires each report of a congressional committee on a public bill or joint resolution to contain a statement by the Comptroller General that certifies that such bill or resolution will not cause an increase in unemployment. Exempts a small business concern from any amendment to the Internal Revenue Code after the enactment of this Act that would result in a tax increase to such business. Authorizes the Administrator of the Small Business Administration (SBA) to take steps to limit the impact of federal regulations on small business concerns. Postpones until December 31, 2015, the termination of the estate and generation-skipping transfer tax provisions enacted by the Economic Growth and Tax Relief Reconciliation Act of 2001. Amends the National Labor Relations Act to make it an unfair labor practice for: (1) an employer to recognize or bargain collectively with a labor organization that has not been selected by a majority of the employees in a secret ballot election conducted by the National Labor Relations Board (NLRB); and (2) a labor organization to cause or attempt to cause an employer to recognize or bargain collectively with a representative that has not been selected in such manner. Sets forth provisions to implement health care liability reforms. Amends the Public Health Service Act to allow for the purchase of health insurance coverage across state lines. Amends the Illegal Immigration Reform and Immigrant Responsibility Act of 1996 to make the e-verify program permanent and to allow verification of employee legal status over the telephone. Allows small business concerns a 30-day grace period to correct errors in paperwork for which fines may be imposed under the Immigration and Nationality Act. Expresses the sense of Congress against the enactment of any laws to lessen the protections for new products or processes under the patent law or to reduce the term of any existing patent. Establishes in the United States Patent and Trademark Office (USPTO) a Patent Ombudsman Program to assist small business concerns in filing patents. Prohibits: (1) a federal agency from issuing a rule until it has studied whether such rule will have an unduly burdensome effect on small business concerns; and (2) the SBA Administrator, in carrying out SBA programs, from imposing any limit on executive compensation by any small business concern. Requires the Comptroller General to conduct a study of each federal regulation to determine the burden such regulation imposes on small business concerns. Amends the Small Business Act relating to the Service Corps of Retired Executives (SCORE) to require the SBA Administrator to ensure that SCORE: (1) carries out a plan to increase the number of small business mentors; (2) establishes benchmarks for evaluating its activities and volunteers; and (3) establishes a mentoring program of one-on-one advice to small businesses from qualified counselors. Renames the Service Corps of Retired Executives as SCORE. Eliminates the Active Corps of Executives. Amends the Small Business Act to increase from 23% to 30% the government-wide small business procurement contract goal. Requires the President, before the close of each fiscal year, to establish new goals. Requires each federal agency to have an annual goal at least equal to the federal goal. Redefines the terms"bundled contract" and "bundling of contract requirements" for federal contract procurement purposes. Amends the federal criminal code to impose criminal penalties for making a false statement concerning status as a small business concern in an effort to obtain a federal contract. Rescinds any unobligated balances made available by the American Recovery and Reinvestment Act of 2009. Repeals the Troubled Asset Relief Program (TARP). Requires any TARP funds repaid to the federal government to be used for deficit reduction.

small business bill rights amends internal revenue code extend offset nonrefundable personal credits regular alternative minimum tax amt liability increased amt exemption reduced tax rates dividends capital gains reduce tax rate gain sale qualified small business stock increase tax deduction business start expenses allow self employed individuals deduct health insurance costs computing tax self employment income increase permanent tax credit purchase hybrid motor vehicles allow new tax credit purchase flexible fuel vehicles tax credits residential energy efficiency expenditures tax deduction energy efficient commercial building expenditures permanent requires report congressional committee public bill joint resolution contain statement comptroller_general certifies bill resolution cause increase unemployment exempts small business concern amendment internal revenue code enactment act result tax increase business authorizes administrator small_business_administration sba steps limit impact federal regulations small business concerns postpones december termination estate generation skipping transfer tax provisions enacted economic_growth_and_tax_relief_reconciliation_act amends national_labor_relations_act unfair labor practice employer recognize bargain collectively labor organization selected majority employees secret ballot election conducted national_labor_relations_board nlrb labor organization cause attempt cause employer recognize bargain collectively representative selected manner sets forth provisions implement health care liability reforms amends public_health_service_act allow purchase health insurance coverage state lines amends illegal immigration reform immigrant responsibility act verify program permanent allow verification employee legal status telephone allows small business concerns day grace period correct errors paperwork fines imposed immigration nationality act expresses sense congress enactment laws lessen protections new products processes patent law reduce term existing patent establishes united_states patent trademark_office uspto patent ombudsman program assist small business concerns filing patents prohibits federal agency issuing rule studied rule unduly burdensome effect small business concerns sba administrator carrying sba programs imposing limit executive compensation small business concern requires comptroller general conduct study federal regulation determine burden regulation imposes small business concerns amends small_business_act relating require sba administrator ensure score carries plan increase number small business mentors establishes benchmarks evaluating activities volunteers establishes mentoring program advice small businesses qualified counselors renames service_corps_of_retired_executives score eliminates amends small_business_act increase government wide small business procurement contract goal requires president close fiscal year establish new goals requires federal agency annual goal equal federal goal redefines contract bundling contract requirements federal contract procurement purposes amends federal criminal code impose criminal penalties making false statement concerning status small business concern effort obtain federal contract rescinds unobligated balances available american_recovery_and_reinvestment_act repeals troubled_asset_relief_program tarp requires tarp funds repaid federal government deficit reduction


Summary: Prohibits the Secretary of Veterans Affairs (VA), in determining the eligibility of a small business for inclusion in a VA-maintained database of small businesses owned and controlled by veterans and the veteran owners thereof, from considering: (1) the work schedule of the veteran owner; or (2) whether the small business sells or otherwise conducts business with respect to more than one product line.

prohibits secretary veterans_affairs determining eligibility small business inclusion maintained database small businesses owned controlled veterans veteran owners thereof considering work schedule veteran owner small business sells conducts business respect product line


Summary: Small Business Investment Penalty Relief Act of 2010 - Amends the Internal Revenue Code to waive the 10% penalty on premature distributions made in 2010 or 2011 from a tax-exempt retirement plan if made for investment in a qualified small business (defined as having gross receipts not exceeding $20 million or not more than 50 full-time employees during the preceding taxable year).

relief act amends internal revenue code waive penalty premature distributions tax exempt retirement plan investment qualified small business defined having gross receipts exceeding million time employees preceding taxable year


Summary: Small Business Intermediary Lending Pilot Program Act of 2010 - Establishes a three-year small business intermediary lending pilot program under which the Administrator of the Small Business Administration (SBA) may make direct loans to eligible nonprofit lending intermediaries for the purpose of making loans of up to $200,000 each to startup, newly-established, and growing small businesses. Authorizes the Administrator, under the program, to make one percent, 20-year loans of up to $3 million to up to 20 lending intermediaries.

establishes year small business intermediary lending pilot program administrator small_business_administration sba direct loans eligible nonprofit lending intermediaries purpose making loans startup newly established growing small businesses authorizes administrator program percent year loans million lending intermediaries


Summary: Small Business Asset Investment and Modernization (AIM) Act of 2010 - Amends the Small Business Investment Act of 1958 concerning the 504 program (Small Business Administration [SBA] financings to small businesses through certified development companies) to increase maximum program loan amounts. Authorizes the Administrator of the SBA, from the date of enactment of this Act through FY2012, to approve under such program the refinancing of indebtedness that is secured by a lien on commercial real estate or equipment of a small business, under specified terms and conditions. Limits to $7.5 billion the total amount of such financing in a fiscal year. Authorizes the Administrator, in order to carry out such program, to make personnel appointments of at least one year and not more than six years. Allows the Administrator to eliminate the pension offset for the reemployment of retired federal employees for such purposes.

aim act amends small_business_investment_act concerning program small_business_administration sba financings small businesses certified development companies increase maximum program loan amounts authorizes administrator sba date enactment act fy2012 approve program refinancing indebtedness secured lien commercial real estate equipment small business specified terms conditions limits billion total financing fiscal year authorizes administrator order carry program personnel appointments year years allows administrator eliminate pension offset reemployment retired federal employees purposes


Summary: Title V: Tax Provisions - Small Business Jobs Tax Relief Act of 2010 - Subtitle A: Small Business Tax Incentives - Part 1: General Provisions - (Sec. 501) Amends the Internal Revenue Code to increase from 50% to 100% the exclusion from gross income of the gain from the sale or exchange of qualified small business stock acquired after March 15, 2010, and before January 1, 2012. Part 2: Limitations and Reporting on Certain Penalties - (Sec. 511) Limits the penalty for failure to disclose a reportable transaction (a transaction determined by the Internal Revenue Service [IRS] as having a potential for tax avoidance or evasion) to 75% of the decrease in tax resulting from such transaction. (Sec. 512) Requires the Commissioner of Internal Revenue to report by December 31, 2010, and annually thereafter, to the House Committee on Ways and Means and the Senate Committee on Finance on penalties assessed for certain tax shelters and reportable transactions. Part 3: Other Provisions - (Sec. 521) Increases the tax deduction for trade or business start-up expenditures from $5,000 to $20,000 in 2010 and 2011. (Sec. 522) Revises the definition of "qualified nonrecourse financing" to include qualified nonrecourse real property or Small Business Investment Company financing as amounts at risk for purposes of determining the deductibility of losses from certain investment activities, including farming, leasing, and energy exploration. (Sec. 523) Excludes from gross income any amount paid for a borrower under the Small Business Administration (SBA) borrower assistance program. Subtitle B: Revenue Provisions - (Sec. 531) Revises rules for valuing assets in grantor retained annuity trusts to require that the right to receive fixed amounts from an annuity last for a term of not less than 10 years, that such fixed amounts not decrease during the first 10 years of the annuity term, and that the remainder interest have a value greater than zero when transferred. (Sec. 532) Excludes any fuel with an acid number greater than 25 from the definition of "cellulosic biofuel" for purposes of the tax credit for alcohol used as fuel. (Sec. 533) Increases by 7.75% the estimated tax installment for the third quarter of 2015 for corporations with assets of not less than $1 billion.

title tax provisions small business jobs tax relief act subtitle small business tax incentives general provisions sec amends internal revenue code increase exclusion gross income gain sale exchange qualified small business stock acquired march january limitations reporting certain penalties sec limits penalty failure disclose reportable transaction transaction determined internal_revenue_service irs having potential tax avoidance evasion decrease tax resulting transaction sec requires commissioner internal_revenue report december annually house_committee ways_and_means senate_committee_on_finance penalties assessed certain tax shelters reportable transactions provisions sec increases tax deduction trade business start expenditures sec revises definition qualified nonrecourse financing include qualified nonrecourse real property financing amounts risk purposes determining deductibility losses certain investment activities including farming leasing energy exploration sec excludes gross income paid borrower small_business_administration sba borrower assistance program subtitle revenue provisions sec revises rules valuing assets grantor retained annuity trusts require right receive fixed amounts annuity term years fixed amounts decrease years annuity term remainder interest value greater zero transferred sec excludes fuel acid number greater definition cellulosic biofuel purposes tax credit alcohol fuel sec increases estimated tax installment quarter corporations assets billion


Summary: Requires the Secretary of the Treasury, before making a first purchase (including a commitment to purchase) under the Small Business Lending Fund Program under the Small Business Jobs and Credit Act of 2010, to certify under oath to the Inspector General of the Department of the Treasury that the purchase-decision process has been designed so that each purchase decision is made solely on the basis of economic fundamentals and not because of any political considerations.

requires secretary treasury making purchase including commitment purchase small_business_lending_fund_program credit act certify oath inspector general department treasury purchase decision process designed purchase decision solely basis economic political considerations


Summary: Small Business Assistance and Relief Act of 2010 - Expresses the sense of Congress that: (1) assistance should be made available to creditworthy small businesses that cannot obtain lending in the current environment; and (2) reforming Fannie Mae and Freddie Mac should be a top priority for Congress. Provides, with respect to small businesses: (1) an extension of specified tax provisions concerning deductions, credits, and income exclusion; and (2) a limit on the paperwork required to be submitted from a small business to federal agencies. Small Business Financing and Investment Act of 2010 - Amends the Small Business Act and the Small Business Investment Act of 1958 to provide for the establishment of a small lender outreach program, a rural lending outreach program, a national lender training program, a capital backstop program, and an independent appellate process within the Small Business Administration (SBA), with an SBA ombudsman. Revises or adds provisions affecting a certified development company (CDC), including concerning: (1) operational requirements; (2) an accredited lenders program; (3) a premier certified lenders program; (4) SBA guarantee of debentures issued by a CDC; (5) economic development through debentures; (6) CDC project funding requirements; (7) private debenture sales and the pooling of debentures; and (8) CDC authority to foreclose and liquidate SBA-guaranteed loans. Expands eligibility for, and increases loan limits under, the SBA's Microloan program. Revises or adds provisions affecting the small business investment company (SBIC) program, including concerning: (1) expedited SBIC licensing for experienced applicants; (2) revised loan leverage limitations for successful SBICs; (3) SBIC authority to invest in veteran-owned small businesses; and (4) increased SBIC program levels. Revises or adds provisions concerning investment in small businesses engaged primarily in manufacturing and in renewable-energy small businesses. Authorizes the SBA to guarantee loans to certain medical professionals for the acquisition of health information technology used in the professionals' practice. Directs the SBA Administrator to establish and carry out a program to provide equity investment financing to support early-stage small businesses in specified targeted industries. Revises requirements and increases loan limits under the SBA's disaster loan program. Requires certain SBA studies.

small business assistance relief act expresses sense congress assistance available small businesses obtain lending current environment reforming fannie_mae freddie_mac priority congress provides respect small businesses extension specified tax provisions concerning deductions credits income exclusion limit paperwork required submitted small business federal agencies amends small business act small_business_investment_act provide establishment small lender outreach program rural lending outreach program national lender training program capital program independent appellate process small_business_administration sba sba ombudsman revises adds provisions affecting certified development company cdc including concerning operational requirements accredited lenders program premier certified lenders program sba guarantee debentures issued cdc economic development debentures cdc project funding requirements private debenture sales pooling debentures cdc authority foreclose liquidate sba guaranteed loans expands eligibility increases loan limits sba microloan program revises adds provisions affecting small business investment company sbic program including concerning expedited sbic licensing experienced applicants revised loan leverage limitations successful sbics sbic authority invest veteran owned small businesses increased sbic program levels revises adds provisions concerning investment small businesses engaged primarily manufacturing renewable energy small businesses authorizes sba guarantee loans certain medical professionals acquisition health information technology professionals practice directs sba administrator establish carry program provide equity investment financing support early stage small businesses specified targeted industries revises requirements increases loan limits sba disaster loan program requires certain sba studies


Summary: Commerce for Defenders Act of 2010 - Amends the Hiring Incentives to Restore Employment Act to give preference to small businesses owned and controlled by veterans in the awarding of contracts and subcontracts using federal-aid highway, public transportation, commercial motor vehicle safety, the Unified Carrier Registration Act of 2005, transportation research, and highway safety research and development program funds.

commerce defenders act amends hiring incentives restore employment act preference small businesses owned controlled veterans awarding contracts subcontracts federal aid highway public transportation commercial motor vehicle safety unified carrier registration act transportation research highway safety research development program funds


Summary: Amends the Internal Revenue Code to allow individual taxpayers a tax credit for 20% of their qualified small business investments. Defines "qualified small business investment" as any stock in a domestic corporation acquired at its original issue or any capital or profits interest in a domestic partnership if: (1) such stock or interest was acquired solely in exchange for cash; and either (2) such corporation or partnership has been in existence less than 2 years as of the date of such acquisition or such corporation or partnership had at least a 10% growth rate for each of the 2 years preceding such acquisition.

amends internal revenue code allow individual taxpayers tax credit qualified small business investments defines qualified small business investment stock domestic corporation acquired original issue capital profits interest domestic partnership stock interest acquired solely exchange cash corporation partnership existence years date acquisition corporation partnership growth rate years preceding acquisition


Summary: Dealer Floor Plan Program Extension and Improvement Act of 2010 - Directs the Administrator of the Small Business Administration (SBA) to: (1) carry out a program to make SBA loan guarantees to assist dealers of titleable assets to finance inventory; (2) carry out such program in the same manner as the SBA's dealer floor plan pilot initiative; and (3) issue regulations revising the program to address barriers to program participation experienced by lending institutions and dealers of titleable assets. Authorizes the Administrator to guarantee up to 90% of a loan under the program.

improvement act directs administrator small_business_administration sba carry program sba loan guarantees assist dealers assets finance inventory carry program manner sba dealer floor plan pilot initiative issue regulations revising program address barriers program participation experienced lending institutions dealers assets authorizes administrator guarantee loan program


Summary: Small Business Innovation through Investment Act of 2010 - Amends the Internal Revenue Code to allow a new business-related tax credit for 30% of the equity investment in a small business concern. Allows a maximum credit of $500,000, but reduces such amount by so much of $250,000 that is not an investment in a manufacturing or biotechnology small business concern, a minority and women-owned small business, or a qualified HUBzone (historically underutilized business zone) small business concern. Terminates such credit after 2016. Requires the Secretary of the Treasury to provide to the Administrator of the Small Business Administration (SBA) any data on the implementation and use of the equity investment in small business tax credit that is requested by the Administrator for analysis purposes. Requires the Administrator to report to Congress annually on the implementation and use of such tax credit.

small business innovation investment act amends internal revenue code allow new business related tax credit equity investment small business concern allows maximum credit reduces investment manufacturing biotechnology small business concern minority women owned small business qualified hubzone historically underutilized business zone small business concern terminates credit requires secretary treasury provide administrator small_business_administration sba data implementation use equity investment small business tax credit requested administrator analysis purposes requires administrator report congress annually implementation use tax credit


Summary: Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to repeal the establishment of the Office of Financial Research.

amends dodd frank wall street reform consumer protection act repeal establishment office_of_financial_research


Summary: Accounts Receivable Insurance Program Act - Establishes within the Treasury a government-backed private accounts receivable insurance program to assist small manufacturers in the underwriting and guarantee of payment through the insurance of their accounts receivable. Directs the Secretary of the Treasury to insure (guarantee) accounts receivable underwritten by financial or insurance institutions for small manufacturing businesses and, if a small manufacturing business defaults, to pay such an institution any remaining balance of an obligation of a small manufacturing business that is covered under the insurance. Prohibits a financial or insurance institution from being eligible for a guarantee under the program if the institution insured the accounts receivable of a small manufacturing business for less than 80% of their value. Provides program funding. Prohibits the Secretary from entering into guarantees with institutions under the program after December 31, 2011, or one year after the enactment of this Act, whichever is later.

accounts insurance program act establishes treasury government backed private accounts insurance program assist small manufacturers underwriting guarantee payment insurance accounts directs secretary treasury insure guarantee accounts underwritten financial insurance institutions small manufacturing businesses small manufacturing business defaults pay institution remaining balance obligation small manufacturing business covered insurance prohibits financial insurance institution eligible guarantee program institution insured accounts small manufacturing business value provides program funding prohibits secretary entering guarantees institutions program december year enactment act whichever later


Summary: Amends the Internal Revenue Code to allow a small business that employs 500 or fewer employees a tax deduction in 2010 and 2011 for 20% of the lesser of its qualified small business income or its taxable income. Defines "qualified small business income" to include income which is from sources within the United States and which is not passive income.

amends internal revenue code allow small business employs fewer employees tax deduction lesser qualified small business income taxable income defines qualified small business income include income sources united_states passive income


Summary: Amends the Small Business Jobs Act of 2010 to include in the definition of small business lending under such Act loans secured by real estate: (1) that are made to finance land development that is preparatory to erecting new structures, including improving land, laying sewers, and laying water pipes, or the on-site construction of industrial, commercial, residential, or farm buildings; (2) that is vacant land, except land known to be used or usable for agricultural purposes; (3) the proceeds of which are to be used to acquire and improve developed or undeveloped property; or (4) that are made under title I or title X of the National Housing Act. Makes such inclusion applicable only to loans extended to small businesses in the construction industry.

amends small_business_jobs_act include definition small business lending act loans secured real estate finance land development preparatory new structures including improving land laying sewers laying water pipes site construction industrial commercial residential farm buildings vacant land land known usable agricultural purposes proceeds acquire improve developed undeveloped property title title national housing act makes inclusion applicable loans extended small businesses construction industry


Summary: Small Business Clean Energy Financing Act of 2010 - Directs the Administrator of the Small Business Administration (SBA) to establish a program to guarantee loans of small businesses that manufacture a clean energy technology in the United States. Requires the Administrator, to the extent practicable, to carry out the program in a manner similar to the SBA 7(a) general business loan program.

small business clean energy financing act directs administrator small_business_administration sba establish program guarantee loans small businesses manufacture clean energy technology united_states requires administrator extent practicable carry program manner similar sba general business loan program


Summary: Repeals the provision of the Patient Protection and Affordable Care Act requiring the reporting to the Internal Revenue Service (IRS) of payments to corporations (other than tax-exempt entities) of more than $600. Rescinds unobligated funds made available by Division A of the American Recovery and Reinvestment Act of 2009 (stimulus funds) required to offset the reduction in federal tax revenues resulting from the repeal of the payment reporting requirement by this Act. Provides for compliance of the budgetary effects of this Act with the Statutory Pay-As-You-Go Act of 2010.

repeals provision patient_protection affordable care act requiring reporting internal_revenue_service irs payments corporations tax exempt entities rescinds unobligated funds available stimulus funds required offset reduction federal tax revenues resulting repeal payment reporting requirement act provides compliance budgetary effects act statutory pay act


Summary: Rebuilding Local Business Act of 2010 - Amends the Small Business Act to designate as a HUBZone (historically underutilized business zone), for purposes of assistance under such Act: (1) an initial period rebuilding county; and (2) an extension period rebuilding county. Defines an initial period rebuilding county as a county, parish, or similar political subdivision: (1) for which the Administrator of the Small Business Administration (SBA) determines that the one-year unemployment rate is at least 110% of the one-year average unadjusted unemployment rate for the United States; (2) that is not a HUBZone or will cease to qualify as a HUBZone two years after such unemployment determination; and (3) during the three-year period beginning on the date of such unemployment determination. Defines an extension rebuilding county as a county, parish, or political subdivision: (1) in which the Administrator has made the above unemployment determination; (2) for which the above three-year period has ended; (3) for which the Administrator determines that the unemployment rate as of a specified date is at least 140% of the average unadjusted unemployment rate; and (4) for which such designation extends for an additional specified period after the three-year period.

rebuilding local business act amends small business act designate hubzone historically underutilized business zone purposes assistance act initial period rebuilding county extension period rebuilding county defines initial period rebuilding county county parish similar political subdivision administrator small_business_administration sba determines year unemployment rate year average unemployment rate united_states hubzone cease qualify hubzone years unemployment determination year period beginning date unemployment determination defines extension rebuilding county county parish political subdivision administrator unemployment determination year period ended administrator determines unemployment rate specified date average unemployment rate designation extends additional specified period year period


Summary: Restoring Our Local Economies Act of 2010 - Amends the Internal Revenue Code, with respect to the designation of tax-preferred empowerment zones and enterprise communities, to allow a five-year extension of the designation period for a zone or community that is a qualifying zone. Defines "qualifying zone" as any designated empowerment zone or enterprise community if the government that nominated such zone or community requests an extension of the designation period and has submitted to the Secretary of the Treasury information indicating compliance with, and progress in achieving, certain benchmarks.

restoring local economies act amends internal revenue code respect designation tax preferred empowerment zones enterprise communities allow year extension designation period zone community qualifying zone defines qualifying zone designated empowerment zone enterprise community government nominated zone community requests extension designation period submitted secretary treasury information indicating compliance progress achieving certain benchmarks


Summary: Small Business Export Support Act of 2010 - Amends the Export Enhancement Act of 1988 to require the Secretary of Commerce to assign export licensing compliance specialists to at least 20 United States and Foreign Commercial Service district offices to provide small and medium-sized businesses with support, training, education, and compliance assistance regarding export licensing, including arms export licensing, requirements. Directs the Secretary to review and report to the President annually on the level of staffing at each such district office in order to determine the level that will enable it to serve such businesses effectively. Requires each of the Secretaries of Commerce, of Defense (DOD), of State, and of the Treasury, as well as the Administrator of the Small Business Administration (SBA), to designate an export licensing coordinator who exercises significant decisionmaking authority in the respective department or agency. Requires the coordinator to devise, encourage, and coordinate department or agency activities providing small and medium-sized businesses with export licensing assistance under this Act. Establishes in the Department of Commerce an Interagency Task Force on Export Control Assistance and Relief for Small and Medium-Sized Businesses to report annually to Congress its recommendations for improving such assistance.

small business export support act amends export enhancement act require secretary commerce assign export licensing compliance specialists united_states district offices provide small medium sized businesses support training education compliance assistance export licensing including arms export licensing requirements directs secretary review report president annually level staffing district office order determine level enable serve businesses effectively requires secretaries_of_commerce defense dod state treasury administrator small_business_administration sba designate export licensing coordinator exercises significant decisionmaking authority respective department agency requires coordinator devise encourage coordinate department agency activities providing small medium sized businesses export licensing assistance act establishes department_of_commerce interagency task force export control assistance relief small medium sized businesses report annually congress recommendations improving assistance


Summary: Small Business Procurement Integrity Act of 2010 - Amends the Small Business Act to include as a punishable offense the misrepresentation of a business or person as a small business owned and controlled by service-disabled veterans. Includes as small business procurement fraud misrepresentation made for purposes of the award of a grant or cooperative agreement. Subjects those making such misrepresentations to federal regulations prohibiting false claims against the United States. Includes as a punishable offense the use by a contracted small business of an ineligible business to perform a greater percentage of work under such contract. Requires a veteran claiming service-disabled status for purposes of eligibility as a small business owned and controlled by service-disabled veterans to possess a disability rating letter issued by the Department of Veterans Affairs (VA) establishing a disability rating between 0% and 100%, a disability determination from the Department of Defense (DOD), or such other documentation as the Administrator of the Small Business Administration (SBA) may require.

small business procurement integrity act amends small business act include punishable offense misrepresentation business person small business owned controlled service disabled veterans includes small business procurement fraud misrepresentation purposes award grant cooperative agreement subjects making misrepresentations federal regulations prohibiting false claims united_states includes punishable offense use contracted small business ineligible business perform greater percentage work contract requires veteran claiming service disabled status purposes eligibility small business owned controlled service disabled veterans possess disability rating letter issued department_of_veterans_affairs establishing disability rating disability determination department_of_defense dod documentation administrator small_business_administration sba require


Summary: Voluntary Protection Program Act - Directs the Secretary of Labor to enter into cooperative agreements with employers to: (1) encourage establishment of comprehensive safety and health management systems to protect employees from occupational hazards; and (2) establish a voluntary protection program to encourage excellence and recognize its achievement in both the technical and managerial protection of employees from occupational hazards. Requires the Secretary to take necessary steps for the orderly transition from Occupational Safety and Health Administration (OSHA) cooperative agreements and voluntary protection programs existing before enactment of this Act to agreements and programs authorized under this Act. Directs the Secretary to establish a program to increase small business participation in the voluntary protection program.

secretary labor enter cooperative agreements employers encourage establishment comprehensive safety health management systems protect employees occupational hazards establish voluntary protection program encourage excellence recognize achievement technical managerial protection employees occupational hazards requires secretary necessary steps orderly transition occupational_safety_and_health_administration osha cooperative agreements voluntary protection programs existing enactment act agreements programs authorized act directs secretary establish program increase small business participation voluntary protection program


Summary: Working Small Business Regulatory Relief Act - Amends the Paperwork Reduction Act to direct agency heads not to impose civil fines for first-time paperwork violations by small business concerns unless the detection of criminal activity would be impaired, the violation is not corrected within six months, the violation is a violation of internal revenue law or a law concerning the assessment or collection of any tax, debt, revenue, or receipt, or the violation presents a danger to the public health or safety. Permits an agency to determine that a fine should not be imposed for a violation that presents a danger to public health or safety if the violation is corrected within 24 hours after receipt by the small business owner of notification of the violation. Makes this Act inapplicable to any violation by a small business of a requirement regarding the collection of information by an agency if the small business previously violated any requirement concerning the collection of information by that agency.

relief act amends paperwork reduction act direct agency heads impose civil fines time paperwork violations small business concerns detection criminal activity impaired violation corrected months violation violation internal revenue law law concerning assessment collection tax debt revenue receipt violation presents danger public health safety permits agency determine fine imposed violation presents danger public health safety violation corrected hours receipt small business owner notification violation makes act inapplicable violation small business requirement collection information agency small business previously violated requirement concerning collection information agency


Summary: Women's Business Ownership Act of 2009 - Establishes the Commission on Women's Business Ownership to review and make recommendations concerning: (1) the status of women business owners nationwide, and the progress made since the 1980 White House Conference on Small Business; (2) the role of the federal government in aid to and promotion of women business owners; and (3) data collection procedures with regard to women-owned businesses and federal initiatives and procurement.

establishes commission women business ownership review recommendations concerning status women business owners nationwide progress role federal government aid promotion women business owners data collection procedures regard women owned businesses federal initiatives procurement


Summary: Small Business Empowerment Act - Directs the Secretary of Health and Human Services to establish a national program to make quality, affordable health insurance available to small employers and self-employed individuals in a manner that will spread risk on a national basis, modeled on the federal employees health benefit program.Requires the Secretary to enter into a contract with an eligible entity for administration of the program. Authorizes such entity to provide health insurance coverage to employees of participating employers and individuals. Directs such entity to: (1) establish a pilot program to provide for the offering by carriers of a model health benefits plan; and (2) contract with the Institute of Medicine to assess the impact of the program on health care coverage costs and access.Continues state mandated benefit laws for plans under this Act.Sets minimum standards for program health benefits plans. Directs the Secretary to prescribe regulations providing for employer participation.Establishes the National Health Coverage Commission. Includes among Commission duties: (1) developing a model that ensures adequate coverage for medically necessary services, promotes disease and chronic disease management, and provides incentives for health provider compliance with best practices protocols; and (2) developing model cost sharing mechanisms that do not discriminate and that accommodate lower income individuals.Directs the Secretary and the administrative entity to implement an educational campaign concerning the program.Requires the Secretary to establish a program to provide reinsurance to qualified carriers offering plans under this Act. Establishes the Small Business Health Coverage Trust Fund.

small business empowerment act directs secretary health_and_human_services establish national program quality affordable health insurance available small employers self employed individuals manner spread risk national basis modeled federal employees health benefit program requires secretary enter contract eligible entity administration program authorizes entity provide health insurance coverage employees participating employers individuals directs entity establish pilot program provide offering carriers model health benefits plan contract institute_of_medicine assess impact program health care coverage costs access continues state mandated benefit laws plans act sets minimum standards program health benefits plans directs secretary prescribe regulations providing employer participation establishes includes commission duties developing model ensures adequate coverage medically necessary services promotes disease chronic disease management provides incentives health provider compliance best practices protocols developing model cost sharing mechanisms discriminate accommodate lower income individuals directs secretary administrative entity implement educational campaign concerning program requires secretary establish program provide reinsurance qualified carriers offering plans act establishes


Summary: Small Business Stimulus Act of 2009 - Amends the Internal Revenue Code to: (1) extend through 2010 the increased expensing allowance for depreciable business assets; and (2) extend from two to five years the carryback period for net operating losses incurred in 2008 or 2009.

small business stimulus act amends internal revenue code extend increased expensing allowance depreciable business assets extend years carryback period net operating losses incurred


Summary: Strengthening Our Economy Through Small Business Innovation Act of 2009 - Amends the Small Business Act to extend: (1) the Small Business Innovation Research (SBIR) program through FY2022; and (2) the Small Business Technology Transfer (STTR) program through FY2023. Increases, for FY2010 and thereafter, the percentage allocation of a federal agency's annual extramural research and development budget that may be allocated to SBIR and STTR programs. Increases, for both the SBIR and STTR programs, the individual small business award levels for program participation at phase one and two levels.Includes energy, security, transportation, and water related research topics as "special consideration" SBIR research topics.Directs the Secretary of Defense to terminate the Airborne Laser program.

strengthening economy small business innovation act amends small business act extend small_business_innovation_research sbir program fy2022 small_business_technology_transfer sttr program fy2023 increases fy2010 percentage allocation federal agency annual extramural research development budget allocated sbir sttr programs increases sbir sttr programs individual small business award levels program participation phase levels includes energy security transportation water related research topics special consideration sbir research topics directs secretary defense terminate program


Summary: Healthy Workforce Act of 2009 - Amends the Internal Revenue Code to allow employers a 50% tax credit for the costs of providing employees with a qualified wellness program. Defines "qualified wellness program" as a program that is certified by the Secretary of Health and Human Services and that consists of a health awareness and education component, a behavioral change component, and a supportive environment component. Terminates such credit after 2017. Requires the Secretary of the Treasury to institute an outreach program to inform businesses about the availability of such wellness program tax credit.

amends internal revenue code allow employers tax credit costs providing employees qualified wellness program defines qualified wellness program program certified secretary health_and_human_services consists health awareness education component behavioral change component supportive environment component terminates credit requires secretary treasury institute outreach program inform businesses availability wellness program tax credit


Summary: Patriot Employers Act - Amends the Internal Revenue Code to allow a taxpayer certified as a Patriot employer by the Secretary of the Treasury a tax credit for 1% of such employer's taxable income. Defines a "Patriot employer" as any taxpayer who: (1) maintains its headquarters in the United States; (2) pays at least 60% of the health care premiums of its employees; (3) observes a policy requiring neutrality in employee organizing drives; (4) maintains or increases the number of its full-time workers in the United States relative to its full-time workers outside of the United States; (5) provides full differential salary and insurance benefits for all National Guard and Reserve employees called to active duty; and (6) provides its employees with a certain level of compensation and retirement benefits.

patriot employers act amends internal revenue code allow taxpayer certified patriot employer secretary treasury tax credit employer taxable income defines patriot employer taxpayer maintains headquarters united_states pays health care premiums employees observes policy requiring neutrality employee organizing drives maintains increases number time workers united_states relative time workers outside united_states provides differential salary insurance benefits national_guard_and_reserve employees called active duty provides employees certain level compensation retirement benefits


Summary: Small Business Health Options Program Act of 2009 or the SHOP Act - Amends the Public Health Service Act to require the Secretary of Health and Human Services to designate an office within the Department of Health and Human Services (HHS) to administer a health insurance program for small businesses and self-employed individuals to purchase health insurance coverage meeting certain requirements. Establishes a Small Business Health Board to monitor the implementation of the program and make recommendations for improvements. Requires the Administrator of the program to: (1) enter into contracts with health insurance issuers to provide health insurance coverage under this Act; and (2) enter into agreements with entities to serve as navigators to provide information about the program, provide referrals to applicable agencies for any grievance, complaint, or question, and assist in enrollment. Requires a participating employer to ensure that each eligible employee has an opportunity to enroll in a plan. Sets forth requirements for health plans offered under this Act. Requires the Administrator to contract with the National Association of Insurance Commissioners to study: (1) the rating requirements that apply to health insurance purchased in the small group markets in the states and to develop recommendations concerning rating requirements; and (2) the administrative procedures that apply to the program and to health insurance purchased in the small group markets in states. Sets forth premium-setting rules for plans under this Act.Allows a state to prohibit participation in this program if the state offers alternative health benefit plans.Amends the Internal Revenue Code to allow a tax credit for small employers for qualified employee health insurance expenses under this Act.

shop act amends public_health_service_act require secretary health_and_human_services designate office department_of_health_and_human_services hhs administer health insurance program small businesses self employed individuals purchase health insurance coverage meeting certain requirements establishes monitor implementation program recommendations improvements requires administrator program enter contracts health insurance issuers provide health insurance coverage act enter agreements entities serve navigators provide information program provide referrals applicable agencies grievance complaint question assist enrollment requires participating employer ensure eligible employee opportunity enroll plan sets forth requirements health plans offered act requires administrator contract national_association_of_insurance_commissioners study rating requirements apply health insurance purchased small group markets states develop recommendations concerning rating requirements administrative procedures apply program health insurance purchased small group markets states sets forth premium setting rules plans act allows state prohibit participation program state offers alternative health benefit plans amends internal revenue code allow tax credit small employers qualified employee health insurance expenses act


Summary: S Corporation Modernization Act of 2009 - Amends the Internal Revenue Code to revise the tax treatment of S corporations by: (1) permanently reducing from 10 to 7 years the period during which S corporation built-in gains are subject to tax; (2) repealing mandatory termination of S corporation elections for excessive passive investment income; (3) allowing S corporations to increase passive investment income from 25 to 60% without incurring additional tax; (4) allowing nonresident aliens to be potential current beneficiaries of an electing small business trust (ESBT); (5) allowing individual retirement accounts (IRAs) to be S corporation shareholders; (6) allowing ESBTs to claim expanded charitable tax deductions; and (7) making permanent the rule requiring a basis adjustment to stock of an S corporation making charitable contributions of property.

corporation modernization act amends internal revenue code revise tax treatment corporations permanently reducing years period corporation built gains subject tax repealing mandatory termination corporation elections excessive passive investment income allowing corporations increase passive investment income incurring additional tax allowing nonresident aliens potential current beneficiaries electing small business trust esbt allowing individual retirement accounts iras corporation shareholders allowing esbts claim expanded charitable tax deductions making permanent rule requiring basis adjustment stock corporation making charitable contributions property


Summary: Directs the Administrator of the Small Business Administration (SBA) to establish the Small Business Information Security Task Force to address the information technology security needs of small businesses and to help small businesses prevent the loss of credit card data. Requires the Task Force, among other duties, to make recommendations to the Administrator on the establishment of an Internet website to be used by the SBA to receive and dispense information and resources with respect to such needs.

directs administrator small_business_administration sba establish address information technology security needs small businesses help small businesses prevent loss credit card data requires task force duties recommendations administrator establishment internet website sba receive dispense information resources respect needs


Summary: Small Business Export Opportunity Development Act of 2009 - Amends the Small Business Act to establish within the Small Business Administration (SBA) an Office of Export Development and Promotion (Office), headed by an Associate Administrator for Export Development and Promotion, to undertake specified activities with respect to the development and promotion of small business goods and services abroad. Requires the Associate Administrator to: (1) develop a program through which SBA export finance specialists, regional and local loan officers, and small business development center (SBDC) personnel facilitate the access of small businesses to relevant export financing programs of the Export-Import Bank and to export and pre-export financing programs available through the SBA and the private sector; (2) provide international trade counseling for small businesses; (3) set up export assistance programs within each SBDC; (4) establish an export development grant program for small businesses; (5) develop performance measures to support Office export growth goals; and (6) discharge SBA export promotion responsibilities. Directs the SBA Administrator to fill certain vacant positions at Export Assistance Centers (as established under the Omnibus Trade and Competitiveness Act of 1988). Allows the Administrator to guarantee small business loans of up to $5 million for the purpose of developing foreign markets. Makes eligible under the SBA's Preferred Lenders Program any lender participating in the Delegated Authority Lender Program of the Export-Import Bank. Authorizes the Administrator to guarantee the timely payment of an express (expedited) loan of up to $500,000 made to a small business for an export development activity. Increases the maximum amount of small business international trade loans. Directs the Administrator to expand the network of lenders participating in export loan programs. Amends the Trade Act of 1974 to establish within the Office of the U.S. Trade Representative (USTR) the position of Assistant U.S. Trade Representative for Small Business, with specified duties. Directs the Administrator to carry out a program to provide technical assistance, counseling, and reference materials to small businesses relating to resources, procedures, and requirements for mechanisms to resolve international trade disputes or address unfair international trade practices under international trade agreements or federal law.

amends small business act establish small_business_administration sba headed associate administrator export development promotion undertake specified activities respect development promotion small business goods services abroad requires associate administrator develop program sba export finance specialists regional local loan officers small business development center sbdc personnel facilitate access small businesses relevant export financing programs export-import_bank export pre export financing programs available sba private sector provide international trade counseling small businesses set export assistance programs sbdc establish export development grant program small businesses develop performance measures support office export growth goals discharge sba export promotion responsibilities directs sba administrator fill certain vacant positions established allows administrator guarantee small business loans million purpose developing foreign markets makes eligible sba preferred lenders program lender participating authorizes administrator guarantee timely payment express expedited loan small business export development activity increases maximum small business international trade loans directs administrator expand network lenders participating export loan programs amends trade act establish ustr position specified duties directs administrator carry program provide technical assistance counseling reference materials small businesses relating resources procedures requirements mechanisms resolve international trade disputes address unfair international trade practices international trade agreements federal law


Summary: Empowerment Zone, Renewal Community and Enterprise Community Enhancement Act of 2009 - Amends Internal Revenue Code provisions relating to tax-preferred empowerment zones, rural enterprise communities, and renewal communities to: (1) extend the period of designation for such areas through 2015; (2) provide a safe harbor standard for employee residency requirements in empowerment zones; (3) eliminate certain residency requirements for the empowerment zone employment tax credit; (4) grant authority to expand the boundaries of empowerment zones and enterprise communities, including those located in rural areas; (5) allow carryovers of unused expensing allowances for enterprise zone businesses; (6) allow certain empowerment zone businesses to elect to receive payments in lieu of tax benefits; (7) allow federal guarantees and tax exemptions for enterprise zones and renewal communities; and (8) allow the issuance of tax-exempt rural enterprise community bonds and empowerment zone facility bonds.

empowerment zone enhancement act code provisions relating tax preferred empowerment zones rural enterprise communities renewal communities extend period designation areas provide safe harbor standard employee residency requirements empowerment zones eliminate certain residency requirements empowerment zone employment tax credit grant authority expand boundaries empowerment zones enterprise communities including located rural areas allow carryovers unused expensing allowances enterprise zone businesses allow certain empowerment zone businesses elect receive payments lieu tax benefits allow federal guarantees tax exemptions enterprise zones renewal communities allow issuance tax exempt rural enterprise community bonds empowerment zone facility bonds