SECTION 1. TAX-EXEMPT FINANCING OF ALTERNATIVE MOTOR VEHICLE
              FACILITIES.

    (a) In General.--Subsection (a) of section 142 of the Internal
Revenue Code of 1986 is amended--
            (1) by striking ``or'' at the end of paragraph (14),
            (2) by striking the period at the end of paragraph (15) and
        inserting ``, or'', and
            (3) by inserting at the end the following new paragraph:
            ``(16) alternative motor vehicle facility.''.
    (b) Definition.--Section 142 of the Internal Revenue Code of 1986
is amended by inserting at the end the following new subsection:
    ``(n) Alternative Motor Vehicle Facility.--
            ``(1) In general.--For purposes of subsection (a)(16), the
        term `alternative motor vehicle facility' means an automobile
        development and production facility which was built before 1981
        and which through financing by the net proceeds of the issue is
        retrofitted or reconstructed to make such facility compatible
        for the development and production of qualified alternative
        motor vehicles or of qualified alternative motor vehicles and
        component parts for such vehicles.
            ``(2) Qualified alternative motor vehicles.--For purposes
        of paragraph (1), the term `qualified alternative motor
        vehicle' means any vehicle described in section 30B or 30D.
            ``(3) National limitation on amount of bonds.--
                    ``(A) National limitation.--The aggregate amount
                allocated by the Secretary under subparagraph (C) shall
                not exceed $12,000,000,000, of which not more than
                $4,000,000,000 may be allocated to any single taxpayer
                (determined under rules similar to the rules in
                paragraphs (6), (7), and (8) of section 179(d)).
                    ``(B) Enforcement of national limitation.--An issue
                shall not be treated as an issue described in
                subsection (a)(16) if the aggregate face amount of
                bonds issued pursuant to such issue for any alternative
                motor vehicle facility (when added to the aggregate
                face amount of bonds previously so issued for such
                facility) exceeds the amount allocated to such facility
                under subparagraph (C).
                    ``(C) Allocation by secretary.--The Secretary shall
                allocate the amount described in subparagraph (A) among
                State or local governments to finance alternative motor
                vehicle facilities located within the jurisdictions of
                such governments in such manner as the Secretary
                determines appropriate.
            ``(4) Special rules relating to expenditures.--
                    ``(A) In general.--An issue shall not be treated as
                an issue described in subsection (a)(16) unless at
                least 95 percent of the proceeds from the sale of the
                issue are to be spent for 1 or more facilities within
                the 5-year period beginning on the date of issuance.
                    ``(B) Extension of period.--Upon submission of a
                request prior to the expiration of the period described
                in subparagraph (A)(i), the Secretary may extend such
                period if the issuer establishes that the failure to
                satisfy the 5-year requirement is due to reasonable
                cause and the related facilities will continue to
                proceed with due diligence.
                    ``(C) Failure to spend required amount of bond
                proceeds within 5 years.--To the extent that less than
                95 percent of the proceeds of such issue are expended
                by the close of the 5-year period beginning on the date
                of issuance (or if an extension has been obtained under
                subparagraph (B), by the close of the extended period),
                the issuer shall use all unspent proceeds of such issue
                to redeem bonds of the issue within 90 days after the
                end of such period.
            ``(5) Exception for current refunding bonds.--Paragraph (3)
        shall not apply to any bond (or series of bonds) issued to
        refund a bond issued under subsection (a)(16) if--
                    ``(A) the average maturity date of the issue of
                which the refunding bond is a part is not later than
                the average maturity date of the bonds to be refunded
                by such issue,
                    ``(B) the amount of the refunding bond does not
                exceed the outstanding amount of the refunded bond, and
                    ``(C) the refunded bond is redeemed not later than
                90 days after the date of the issuance of the refunding
                bond.
        For purposes of subparagraph (A), average maturity shall be
        determined in accordance with section 147(b)(2)(A).''.
    (c) Conforming Amendment.--Section 146(g)(3) of the Internal
Revenue Code of 1986 is amended by striking ``or (15)'' and inserting
``(15), or (16)''.
    (d) Effective Date.--The amendments made by this section shall
apply with respect to bonds issued after December 31, 2007, and before
January 1, 2013.

Summary: Amends the Internal Revenue Code to allow the issuance of tax-exempt facility bonds through 2012 to make automobile development and production facilities built before 1981 compatible for the development and production of qualified alternative motor vehicles and component parts.

A bill to amend the Internal Revenue Code of 1986 to provide for alternative motor vehicle facility bonds.


SECTION 1. DEFINITIONS.

    In this Act:
            (1) Agreement.--The term ``Agreement'' means the agreement
        entitled ``Agreement to Affirm Boundary Between Pueblo of Santa
        Clara and Pueblo of San Ildefonso Aboriginal Lands Within
        Garcia Canyon Tract'', entered into by the Governors on
        December 20, 2000.
            (2) Boundary line.--The term ``boundary line'' means the
        boundary line established under section 4(a).
            (3) Governors.--The term ``Governors'' means--
                    (A) the Governor of the Pueblo of Santa Clara, New
                Mexico; and
                    (B) the Governor of the Pueblo of San Ildefonso,
                New Mexico.
            (4) Indian tribe.--The term ``Indian tribe'' has the
        meaning given the term in section 4 of the Indian Self-
        Determination and Education Assistance Act (25 U.S.C. 450b).
            (5) Pueblos.--The term ``Pueblos'' means--
                    (A) the Pueblo of Santa Clara, New Mexico; and
                    (B) the Pueblo of San Ildefonso, New Mexico.
            (6) Secretary.--The term ``Secretary'' means the Secretary
        of the Interior.
            (7) Trust land.--The term ``trust land'' means the land
        held by the United States in trust under section 2(a) or 3(a).

SEC. 2. TRUST FOR THE PUEBLO OF SANTA CLARA, NEW MEXICO.

    (a) In General.--All right, title, and interest of the United
States in and to the land described in subsection (b), including
improvements on, appurtenances to, and mineral rights (including rights
to oil and gas) to the land, shall be held by the United States in
trust for the Pueblo of Santa Clara, New Mexico.
    (b) Description of Land.--The land referred to in subsection (a)
consists of approximately 2,484 acres of Bureau of Land Management land
located in Rio Arriba County, New Mexico, and more particularly
described as--
            (1) the portion of T. 20 N., R. 7 E., Sec. 22, New Mexico
        Principal Meridian, that is located north of the boundary line;
            (2) the southern half of T. 20 N., R. 7 E., Sec. 23, New
        Mexico Principal Meridian;
            (3) the southern half of T. 20 N., R. 7 E., Sec. 24, New
        Mexico Principal Meridian;
            (4) T. 20 N., R. 7 E., Sec. 25, excluding the 5-acre tract
        in the southeast quarter owned by the Pueblo of San Ildefonso;
            (5) the portion of T. 20 N., R. 7 E., Sec. 26, New Mexico
        Principal Meridian, that is located north and east of the
        boundary line;
            (6) the portion of T. 20 N., R. 7 E., Sec. 27, New Mexico
        Principal Meridian, that is located north of the boundary line;
            (7) the portion of T. 20 N., R. 8 E., Sec. 19, New Mexico
        Principal Meridian, that is not included in the Santa Clara
        Pueblo Grant or the Santa Clara Indian Reservation; and
            (8) the portion of T. 20 N., R. 8 E., Sec. 30, that is not
        included in the Santa Clara Pueblo Grant or the San Ildefonso
        Grant.

SEC. 3. TRUST FOR THE PUEBLO OF SAN ILDEFONSO, NEW MEXICO.

    (a) In General.--All right, title, and interest of the United
States in and to the land described in subsection (b), including
improvements on, appurtenances to, and mineral rights (including rights
to oil and gas) to the land, shall be held by the United States in
trust for the Pueblo of San Ildefonso, New Mexico.
    (b) Description of Land.--The land referred to in subsection (a)
consists of approximately 2,000 acres of Bureau of Land Management land
located in Rio Arriba County and Santa Fe County in the State of New
Mexico, and more particularly described as--
            (1) the portion of T. 20 N., R. 7 E., Sec. 22, New Mexico
        Principal Meridian, that is located south of the boundary line;
            (2) the portion of T. 20 N., R. 7 E., Sec. 26, New Mexico
        Principal Meridian, that is located south and west of the
        boundary line;
            (3) the portion of T. 20 N., R. 7 E., Sec. 27, New Mexico
        Principal Meridian, that is located south of the boundary line;
            (4) T. 20 N., R. 7 E., Sec. 34, New Mexico Principal
        Meridian; and
            (5) the portion of T. 20 N., R. 7 E., Sec. 35, New Mexico
        Principal Meridian, that is not included in the San Ildefonso
        Pueblo Grant.

SEC. 4. SURVEY AND LEGAL DESCRIPTIONS.

    (a) Survey.--Not later than 180 days after the date of enactment of
this Act, the Office of Cadastral Survey of the Bureau of Land
Management shall, in accordance with the Agreement, complete a survey
of the boundary line established under the Agreement for the purpose of
establishing, in accordance with sections 2(b) and 3(b), the boundaries
of the trust land.
    (b) Legal Descriptions.--
            (1) Publication.--On approval by the Governors of the
        survey completed under subsection (a), the Secretary shall
        publish in the Federal Register--
                    (A) a legal description of the boundary line; and
                    (B) legal descriptions of the trust land.
            (2) Technical corrections.--Before the date on which the
        legal descriptions are published under paragraph (1)(B), the
        Secretary may correct any technical errors in the descriptions
        of the trust land provided in sections 2(b) and 3(b) to ensure
        that the descriptions are consistent with the terms of the
        Agreement.
            (3) Effect.--Beginning on the date on which the legal
        descriptions are published under paragraph (1)(B), the legal
        descriptions shall be the official legal descriptions of the
        trust land.

SEC. 5. ADMINISTRATION OF TRUST LAND.

    (a) In General.--Beginning on the date of enactment of this Act--
            (1) the land held in trust under section 2(a) shall be
        declared to be a part of the Santa Clara Indian Reservation;
        and
            (2) the land held in trust under section 3(a) shall be
        declared to be a part of the San Ildefonso Indian Reservation.
    (b) Applicable Law.--
            (1) In general.--The trust land shall be administered in
        accordance with any law (including regulations) or court order
        generally applicable to property held in trust by the United
        States for Indian tribes.
            (2) Pueblo lands act.--The following shall be subject to
        section 17 of the Act of June 7, 1924 (commonly known as the
        ``Pueblo Lands Act'') (25 U.S.C. 331 note):
                    (A) The trust land.
                    (B) Any land owned as of the date of enactment of
                this Act or acquired after the date of enactment of
                this Act by the Pueblo of Santa Clara in the Santa
                Clara Pueblo Grant.
                    (C) Any land owned as of the date of enactment of
                this Act or acquired after the date of enactment of
                this Act by the Pueblo of San Ildefonso in the San
                Ildefonso Pueblo Grant.
    (c) Use of Trust Land.--
            (1) In general.--Subject to the criteria developed under
        paragraph (2), the trust land may be used only for--
                    (A) traditional and customary uses; or
                    (B) stewardship conservation for the benefit of the
                Pueblo for which the trust land is held in trust.
            (2) Criteria.--The Secretary shall work with the Pueblos to
        develop appropriate criteria for using the trust land in a
        manner that preserves the trust land for traditional and
        customary uses or stewardship conservation.
            (3) Limitation.--Beginning on the date of enactment of this
        Act, the trust land shall not be used for any new commercial
        developments.

SEC. 6. EFFECT.

    Nothing in this Act--
            (1) affects any valid right-of-way, lease, permit, mining
        claim, grazing permit, water right, or other right or interest
        of a person or entity (other than the United States) that is--
                    (A) in or to the trust land; and
                    (B) in existence before the date of enactment of
                this Act;
            (2) enlarges, impairs, or otherwise affects a right or
        claim of the Pueblos to any land or interest in land that is--
                    (A) based on Aboriginal or Indian title; and
                    (B) in existence before the date of enactment of
                this Act;
            (3) constitutes an express or implied reservation of water
        or water right with respect to the trust land; or
            (4) affects any water right of the Pueblos in existence
        before the date of enactment of this Act.

Summary: Declares the right, title, and interest of the United States in certain tracts of land in Rio Arriba County and in Rio Arriba and Santa Fe Counties, New Mexico, to be held in trust for the Pueblo of Santa Clara and the Pueblo of San Ildefonso, respectively . Directs the Office of Cadastral Survey to conduct a survey of the boundary lines between the properties. Declares the lands held in trust to be part of the Santa Clara Indian Reservation and the San Ildefonso Indian Reservation and directs that they be administered in accordance with any law or court order generally applicable to property held by the US Government in trust for Indian tribes. Subjects the trust lands and other lands in the Santa Clara Pueblo Grant and the San Ildefonso Pueblo Grant that are held by the respective tribes or subsequently acquired by them to the Pueblo Lands Act of 1924. Requires trust lands to be used only for traditional or customary uses or stewardship conservation. Prohibits trust lands from being used for any new commercial developments beginning on the date of the enactment of this Act. Prohibits this Act from being construed to: (1) affect any person's existing right-of-way, lease, permit, mining claim, grazing permit, water right, or other right or interest in or to the trust lands. (2) affect any existing right or claim of either Pueblo to any lands or interest in lands based upon Aboriginal or Indian title. Or (3) constitute the reservation of water or water rights in the trust lands or any change in status of water rights of either Pueblo.

A bill to provide that certain Bureau of Land Management land shall be held in trust for the Pueblo of Santa Clara and the Pueblo of San Ildefonso in the State of New Mexico.


SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Rural Housing Preservation Act of
2016''.

SEC. 2. AVAILABILITY OF RURAL HOUSING VOUCHERS FOR TENANTS IN PROJECTS
              WITH MATURING LOANS.

    (a) In General.--Section 542 of the Housing Act of 1949 (42 U.S.C.
1490r) is amended by adding at the end the following new subsection:
    ``(c) Rural Vouchers for Tenants of Projects With Prepaid or
Maturing Loans.--
            ``(1) Authority.--Subject to the availability of amounts
        provided in appropriation Acts and to paragraph (3), the
        Secretary shall provide rural housing vouchers under this
        section, in the amount provided under this section, to any low-
        income household (including those not receiving rental
        assistance) residing in a property financed with a loan made or
        insured under section 515 (42 U.S.C. 1485) which has been
        prepaid, or which has matured, after September 30, 2005.
            ``(2) Administration and subsidies.--The Secretary shall,
        to the maximum extent practicable, administer and operate such
        vouchers with current regulations and administrative guidance
        applicable to enhanced vouchers under section 8(t) of the
        United States Housing Act of 1937 (42 U.S.C. 1437f(t)) and
        administered by the Secretary of Housing and Urban Development.
        The amount of rental assistance provided on behalf of holders
        of such vouchers shall be the same as that provided on behalf
        of holders of enhanced vouchers under such section 8(t).
            ``(3) Termination of assistance.--The Secretary shall
        terminate the provision of voucher assistance pursuant to this
        subsection, with respect to a property, if--
                    ``(A) at any time, a new loan is made or insured
                under section 515 for the property; and
                    ``(B) as a result of such loan, rental assistance
                is provided on behalf of the voucher holder in an
                amount comparable to the rental assistance provided on
                behalf of the voucher holder under the voucher
                program.''.
    (b) Requirement for Section 515 Projects To Accept Vouchers.--
Section 515 of the Housing Act of 1949 (42 U.S.C. 1485) is amended by
adding at the end the following new subsection:
    ``(bb) Requirement To Accept Rural Housing Vouchers.--No owner of a
property financed with a loan made or insured under this section,
whether such loan is outstanding or fully paid, may refuse to lease an
available dwelling unit in the property to a household on behalf of
whom voucher assistance is provided under section 542 (42 U.S.C.
1490r), and to enter into a voucher contract respecting such unit, a
proximate cause of which is the status of such current or prospective
tenant as a holder of such voucher.''.

SEC. 3. DECOUPLING RENTAL ASSISTANCE FROM MATURING RURAL HOUSING LOANS.

    Paragraph (2) of section 521(a) of the Housing Act of 1949 (42
U.S.C. 1490a(a)(2)) is amended by adding at the end the following new
subparagraph:
                    ``(F) Rental assistance for projects with matured
                loans.--
                            ``(i) Authority.--To continue to make
                        decent, safe and sanitary housing available to
                        low-income occupants of projects originally
                        financed with a loan made or insured under
                        section 515 that has matured on or after the
                        date of the enactment of this subparagraph, and
                        at rental rates commensurate to income as
                        specified in subparagraph (A) of this
                        paragraph, the Secretary may, subject to the
                        availability of amounts provided in
                        appropriation Acts, contract to make, make, and
                        renew annual assistance payments pursuant to
                        this subparagraph to the owners of such
                        projects.
                            ``(ii) Offer.--The Secretary shall ensure
                        that an offer to provide a contract for
                        assistance payments pursuant to this
                        subparagraph shall be extended to all owners of
                        projects described in clause (i) not later than
                        24 months before the maturation of the loan
                        (except in the case of loans maturing after the
                        date that is 24 months before the date of the
                        enactment of this subparagraph).
                            ``(iii) Terms.--Each contract for
                        assistance payments pursuant to this
                        subparagraph shall--
                                    ``(I) have a term of 20 years and
                                be subject to availability of amounts
                                provided in annual appropriations Acts;
                                    ``(II) cover all new and existing
                                households residing in the project,
                                regardless of whether or not they were
                                previously assisted under the rental
                                assistance program authorized under
                                subparagraph (A);
                                    ``(III) be recorded at such local
                                real property recording office as is
                                prescribed by the State in which the
                                project is located;
                                    ``(IV) bind the owner of the
                                project and the owner's successors to
                                continue to operate the project in
                                accordance with such agreements;
                                    ``(V) require the owner (and such
                                successors) to agree to continue to
                                operate the projects as if it were
                                subject to an existing loan under
                                section 515;
                                    ``(VI) extend to residents of the
                                project all the rights that at the time
                                such contract is entered into are
                                extended to residents of projects
                                subject to an existing loan under
                                section 515; and
                                    ``(VII) require the owner (and such
                                successors) to maintain the assisted
                                housing as decent, safe, and sanitary
                                housing.
                            ``(iv) Actual market rentals.--
                                    ``(I) In general.--A contract for
                                assistance provided pursuant to this
                                subparagraph for a project shall
                                provide assistance to the owner based
                                on an initial reasonable operating
                                budget the rents for which do not
                                exceed such actual market rental rates
                                for the area in which the project is
                                located, as are established by the
                                Secretary.
                                    ``(II) Adjustment; renewal.--The
                                Secretary shall adjust the actual
                                market rental rates used for purposes
                                of this clause annually.
                            ``(v) Renewal; adjustment.--In providing
                        assistance pursuant to this subparagraph, the
                        Secretary shall require the owner of the
                        project to renew the assistance provided to
                        each household not less frequently than
                        annually, in accordance with the provisions of
                        subparagraph (A), and shall adjust the amount
                        of assistance provided to a household at any
                        other time upon a decrease in the household's
                        monthly income of $100 or more.
                            ``(vi) Administration.--Rental assistance
                        contracts authorized by this subparagraph
                        shall, except as otherwise provided in this
                        subparagraph, be administered by the Secretary
                        in the same manner as rental assistance
                        contracts for projects having existing loans
                        made or insured under section 515 or existing
                        loans and grants made under sections 514 and
                        516.''.

SEC. 4. UNIFORM STANDARDS FOR TRANSFERS OF SECTION 515 PROPERTIES USING
              LOW-INCOME TAX CREDITS.

    Section 515 of the Housing Act of 1949 (42 U.S.C. 1485) is amended
by adding at the end the following new subsection:
    ``(bb) Requirements for Transfers of Properties Involving Low-
Income Housing Tax Credits.--The Secretary shall establish, without
exception, uniform requirements, terms, and conditions for any sale or
transfer of a property financed with a loan under this section to any
entity, including a nonprofit organization, that is seeking to acquire
such property with amounts authorized under this section and any low-
income housing tax credit under section 42 of the Internal Revenue Code
of 1986.''.

SEC. 5. RURAL MULTIFAMILY HOUSING REVITALIZATION PROGRAM.

    Section 515 of the Housing Act of 1949 (42 U.S.C. 1485) is amended
by adding at the end the following new subsection:
    ``(bb) Multifamily Housing Revitalization Program.--
            ``(1) In general.--The Secretary may establish a
        Multifamily Housing Revitalization Program for the preservation
        and revitalization of multifamily housing projects funded with
        loans made available pursuant to this section and sections 514
        and 516 to ensure that such projects have sufficient resources
        to provide safe and affordable housing for low-income residents
        and farm laborers.
            ``(2) Options.--In carrying out paragraph (1), the
        Secretary may--
                    ``(A) with respect to such loans--
                            ``(i) reduce or eliminate interest;
                            ``(ii) defer loan payments; and
                            ``(iii) subordinate, reduce, or reamortize
                        loan debt; and
                    ``(B) provide other financial assistance,
                including--
                            ``(i) advances; and
                            ``(ii) payments and incentives (including
                        the ability of owners to obtain reasonable
                        returns on investment).
            ``(3) Requirements.--In exchange for assistance provided
        pursuant to this subsection, the Secretary shall enter into
        with the property owner a restrictive use agreement to ensure
        that the property remains subject to low-income use
        restrictions for an additional period of time consistent with
        the terms of the restructuring.
            ``(4) Use of funds for rural housing vouchers.--
                    ``(A) Authority.--If the Secretary determines that
                additional funds for vouchers under the rural housing
                voucher program under section 542 (42 U.S.C. 1490r) are
                needed, funds for the revitalization program under this
                subsection may be used for such vouchers for any low-
                income household (including those not receiving rental
                assistance) residing in a property financed with a loan
                under this section that has been prepaid after
                September 30, 2005.
                    ``(B) Amount.--Notwithstanding section 542, the
                amount of a voucher provided pursuant to this paragraph
                shall be the difference between comparable market rent
                for the unit and the tenant-paid rent for such unit.
                    ``(C) Availability.--Funds made available for
                vouchers pursuant to this paragraph shall be subject to
                the availability of annual appropriations.
                    ``(D) Administration.--The Secretary shall, to the
                maximum extent practicable, administer vouchers
                provided pursuant to this paragraph with current
                regulations and administrative guidance applicable to
                housing vouchers under section 8 of the United States
                Housing Act of 1937 (42 U.S.C. 1437f) administered by
                the Secretary of Housing and Urban Development.''.

SEC. 6. REGULATIONS.

    The Secretary of Agriculture shall issue regulations necessary to
carry out the amendments made by this Act not later than the expiration
of the 120-day period beginning on the date of the enactment of this
Act.

Summary: Rural Housing Preservation Act of 2016 This bill amends the Housing Act of 1949 to direct the Department of Agriculture (USDA) to extend rural housing vouchers to any low-income household residing in a property financed with a loan made or insured for housing and related facilities for elderly or other low-income persons and families which has been prepaid, or which has matured, after September 30, 2005. No owner of a property financed with such a loan, whether outstanding or fully paid, may refuse to lease an available dwelling unit in the property to a household on behalf of whom a rural housing voucher assistance is provided, and enter into a voucher contract respecting that unit, if a proximate cause of that refusal is the current or prospective tenant's status as a holder of such a voucher. USDA may contract to make, make, and renew annual assistance payments to owners of projects originally financed with such a loan that has matured on or after enactment of this bill, and at rental rates commensurate to income. USDA shall establish uniform requirements, terms, and conditions for any sale or transfer of a property financed with such a loan to any entity, including a nonprofit organization, seeking to acquire it with a similar loan and any low-income housing tax credit under the Internal Revenue Code. USDA may also establish a Multifamily Housing Revitalization Program for the preservation and revitalization of multifamily housing projects funded with such loans, as well as with loans for housing and related facilities for domestic farm labor, to ensure that those projects have sufficient resources to provide safe and affordable housing for low-income residents and farm laborers.

Rural Housing Preservation Act of 2016


SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Social Security Family Relief Act''.

SEC. 2. CONTINUATION OF BENEFITS THROUGH MONTH OF BENEFICIARY'S DEATH.

    (a) Old-Age Insurance Benefits.--Section 202(a) of the Social
Security Act (42 U.S.C. 402(a)) is amended by striking ``the month
preceding'' in the matter following subparagraph (B).
    (b) Wife's Insurance Benefits.--
            (1) In general.--Section 202(b)(1) of such Act (42 U.S.C.
        402(b)(1)) is amended--
                    (A) by striking ``and ending with the month'' in
                the matter immediately following clause (ii) and
                inserting ``and ending with the month in which she dies
                or (if earlier) with the month'';
                    (B) by striking subparagraph (E); and
                    (C) by redesignating subparagraphs (F) through (K)
                as subparagraphs (E) through (J).
            (2) Conforming amendments.--Section 202(b)(5)(B) of such
        Act (42 U.S.C. 402(b)(5)(B)) is amended by striking ``(E), (F),
        (H), or (J)'' and inserting ``(E), (G), or (I)''.
    (c) Husband's Insurance Benefits.--
            (1) In general.--Section 202(c)(1) of such Act (42 U.S.C.
        402(c)(1)) is amended--
                    (A) by striking ``and ending with the month'' in
                the matter immediately following clause (ii) and
                inserting ``and ending with the month in which he dies
                or (if earlier) with the month'';
                    (B) by striking subparagraph (E); and
                    (C) by redesignating subparagraphs (F) through (K)
                as subparagraphs (E) through (J), respectively.
            (2) Conforming amendments.--Section 202(c)(5)(B) of such
        Act (42 U.S.C. 402(c)(5)(B)) is amended by striking ``(E), (F),
        (H), or (J)'' and inserting ``(E), (G), or (I)'', respectively.
    (d) Child's Insurance Benefits.--Section 202(d)(1) of such Act (42
U.S.C. 402(d)(1)) is amended--
            (1) by striking ``and ending with the month'' in the matter
        immediately preceding subparagraph (D) and inserting ``and
        ending with the month in which such child dies or (if earlier)
        with the month''; and
            (2) by striking ``dies, or'' in subparagraph (D).
    (e) Widow's Insurance Benefits.--Section 202(e)(1) of such Act (42
U.S.C. 402(e)(1)) is amended by striking ``ending with the month
preceding the first month in which any of the following occurs: she
remarries, dies,'' in the matter following subparagraph (F) and
inserting ``ending with the month in which she dies or (if earlier)
with the month preceding the first month in which she remarries or''.
    (f) Widower's Insurance Benefits.--Section 202(f)(1) of such Act
(42 U.S.C. 402(f)(1)) is amended by striking ``ending with the month
preceding the first month in which any of the following occurs: he
remarries, dies,'' in the matter following subparagraph (F) and
inserting ``ending with the month in which he dies or (if earlier) with
the month preceding the first month in which he remarries''.
    (g) Mother's and Father's Insurance Benefits.--Section 202(g)(1) of
such Act (42 U.S.C. 402(g)(1)) is amended--
            (1) by inserting ``with the month in which he or she dies
        or (if earlier)'' after ``and ending'' in the matter following
        subparagraph (F); and
            (2) by striking ``he or she remarries, or he or she dies''
        and inserting ``or he or she remarries''.
    (h) Parent's Insurance Benefits.--Section 202(h)(1) of such Act (42
U.S.C. 402(h)(1)) is amended by striking ``ending with the month
preceding the first month in which any of the following occurs: such
parent dies, marries,'' in the matter following subparagraph (E) and
inserting ``ending with the month in which such parent dies or (if
earlier) with the month preceding the first month in which such parent
marries, or such parent''.
    (i) Disability Insurance Benefits.--Section 223(a)(1) of such Act
(42 U.S.C. 423(a)(1)) is amended by striking ``ending with the month
preceding whichever of the following months is the earliest: the month
in which he dies,'' in the matter following subparagraph (D) and
inserting the following: ``ending with the month in which he dies or
(if earlier) with the month preceding the earlier of'' and by striking
the comma after ``216(l))''.
    (j) Benefits at Age 72 for Certain Uninsured Individuals.--Section
228(a) of such Act (42 U.S.C. 428(a)) is amended by striking ``the
month preceding'' in the matter following paragraph (4).

SEC. 3. COMPUTATION AND PAYMENT OF LAST MONTHLY PAYMENT.

    (a) Old-Age and Survivors Insurance Benefits.--Section 202 of the
Social Security Act (42 U.S.C. 402) is amended by adding at the end the
following new subsection:

    ``Last Payment of Monthly Insurance Benefit Terminated by Death

    ``(y) The amount of any individual's monthly insurance benefit
under this section paid for the month in which the individual dies
shall be an amount equal to--
            ``(1) the amount of such benefit (as determined without
        regard to this subsection), multiplied by
            ``(2) a fraction--
                    ``(A) the numerator of which is the number of days
                in such month preceding the date of such individual's
                death, and
                    ``(B) the denominator of which is the number of
                days in such month,
rounded, if not a multiple of $1, to the next lower multiple of $1.
This subsection shall apply with respect to such benefit after all
other adjustments with respect to such benefit provided by this title
have been made. Payment of such benefit for such month shall be made as
provided in section 204(d).''.
    (b) Disability Insurance Benefits.--Section 223 of such Act (42
U.S.C. 423) is amended by adding at the end the following new
subsection:

             ``Last Payment of Benefit Terminated by Death

    ``(j) The amount of any individual's monthly benefit under this
section paid for the month in which the individual dies shall be an
amount equal to--
            ``(1) the amount of such benefit (as determined without
        regard to this subsection), multiplied by
            ``(2) a fraction--
                    ``(A) the numerator of which is the number of days
                in such month preceding the date of such individual's
                death, and
                    ``(B) the denominator of which is the number of
                days in such month,
rounded, if not a multiple of $1, to the next lower multiple of $1.
This subsection shall apply with respect to such benefit after all
other adjustments with respect to such benefit provided by this title
have been made. Payment of such benefit for such month shall be made as
provided in section 204(d).''.
    (c) Benefits at Age 72 for Certain Uninsured Individuals.--Section
228 of such Act (42 U.S.C. 428) is amended by adding at the end the
following new subsection:

             ``Last Payment of Benefit Terminated by Death

    ``(i) The amount of any individual's monthly benefit under this
section paid for the month in which the individual dies shall be an
amount equal to--
            ``(1) the amount of such benefit (as determined without
        regard to this subsection), multiplied by
            ``(2) a fraction--
                    ``(A) the numerator of which is the number of days
                in such month preceding the date of such individual's
                death, and
                    ``(B) the denominator of which is the number of
                days in such month,
rounded, if not a multiple of $1, to the next lower multiple of $1.
This subsection shall apply with respect to such benefit after all
other adjustments with respect to such benefit provided by this title
have been made. Payment of such benefit for such month shall be made as
provided in section 204(d).''.

SEC. 4. DISREGARD OF BENEFIT FOR MONTH OF DEATH UNDER FAMILY MAXIMUM
              PROVISIONS.

    Section 203(a) of the Social Security Act (42 U.S.C. 403(a)) is
amended by adding at the end the following new paragraph:
    ``(10) Notwithstanding any other provision of this Act, in applying
the preceding provisions of this subsection (and determining maximum
family benefits under column V of the table in or deemed to be in
section 215(a) as in effect in December 1978) with respect to the month
in which the insured individual's death occurs, the benefit payable to
such individual for that month shall be disregarded.''.

SEC. 5. EFFECTIVE DATE.

    The amendments made by this Act shall apply with respect to deaths
occurring after the month in which this Act is enacted.

Summary: Provides that such individual's benefit shall be payable for such month only in proportion to the number of days preceding the date of death. Provides for disregard of such benefits for the month of death in determining maximum family benefits.

Social Security Family Relief Act


SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Higher Education Affordability and
Fairness Act''.

SEC. 2. DEDUCTION FOR HIGHER EDUCATION EXPENSES.

    (a) Deduction Allowed.--Part VII of subchapter B of chapter 1 of
the Internal Revenue Code of 1986 (relating to additional itemized
deductions for individuals) is amended by redesignating section 222 as
section 223 and by inserting after section 221 the following:

``SEC. 222. HIGHER EDUCATION EXPENSES.

    ``(a) Allowance of Deduction.--In the case of an individual, there
shall be allowed as a deduction an amount equal to the qualified
tuition and related expenses paid by the taxpayer during the taxable
year.
    ``(b) Limitations.--
            ``(1) Limitation for first 2 years of postsecondary
        education.--For any taxable year preceding a taxable year
        described in paragraph (2), the amount of qualified tuition and
        related expenses which may be taken into account under
        subsection (a) shall not exceed--
                    ``(A) except as provided in subparagraph (B), the
                excess (if any) of--
                            ``(i) the lesser of--
                                    ``(I) $10,000 for each eligible
                                student, or
                                    ``(II) $15,000, over
                            ``(ii) the amount of such expenses which
                        are taken into account in determining the
                        credit allowable to the taxpayer or any other
                        person under section 25A(a)(1) with respect to
                        such expenses, and
                    ``(B) in the case of a taxpayer with respect to
                which the credit under section 25A(a)(1) is reduced to
                zero by reason of section 25A(d)(1), $5,000.
            ``(2) Limitation for second 2 years of postsecondary
        education.--For any taxable year if an eligible student has
        completed (before the beginning of such taxable year) the first
        2 years of postsecondary education at an eligible educational
        institution, the amount of qualified tuition and related
        expenses which may be taken into account under subsection (a)
        shall not exceed--
                    ``(A) except as provided in subparagraph (B) or
                (C), $10,000,
                    ``(B) in the case of a taxpayer with respect to
                which a credit under section 25A(a)(1) would be reduced
                to zero by reason of section 25A(d)(1), $5,000, and
                    ``(C) in the case of taxpayer with respect to whom
                the credit under section 25A(a)(2) is allowed for such
                taxable year, zero.
            ``(3) Deduction allowed only for 4 taxable years for each
        eligible student.--A deduction may not be allowed under
        subsection (a) with respect to the qualified tuition and
        related expenses of an eligible student for any taxable year if
        such a deduction was allowable with respect to such expenses
        for such student for any 4 prior taxable years.
    ``(c) Qualified Tuition and Related Expenses.--For purposes of this
section, the term `qualified tuition and related expenses' has the
meaning given such term by section 25A(f)(1) (determined with regard to
section 25A(c)(2)(B)).
    ``(d) Eligible Student.--For purposes of this section, the term
`eligible student' has the meaning given such term by section
25A(b)(3).
    ``(e) Special Rules.--For purposes of this section--
            ``(1) Identification requirement.--No deduction shall be
        allowed under subsection (a) to a taxpayer with respect to an
        eligible student unless the taxpayer includes the name, age,
        and taxpayer identification number of such eligible student on
        the return of tax for the taxable year.
            ``(2) No double benefit.--
                    ``(A) Coordination with exclusions.--The amount of
                qualified tuition and related expenses otherwise taken
                into account under subsection (a) with respect to an
                eligible student shall be reduced (before the
                application of subsection (b)) by the amount of such
                expenses which are taken into account in determining
                the exclusion under section 135 or 530(d)(2) for the
                taxable year.
                    ``(B) Dependents.--No deduction shall be allowed
                under subsection (a) to any individual with respect to
                whom a deduction under section 151 is allowable to
                another taxpayer for a taxable year beginning in the
                calendar year in which such individual's taxable year
                begins.
            ``(3) Limitation on taxable year of deduction.--
                    ``(A) In general.--A deduction shall be allowed
                under subsection (a) for qualified tuition and related
                expenses for any taxable year only to the extent such
                expenses are in connection with enrollment at an
                institution of higher education during the taxable
                year.
                    ``(B) Certain prepayments allowed.--Subparagraph
                (A) shall not apply to qualified tuition and related
                expenses paid during a taxable year if such expenses
                are in connection with an academic term beginning
during such taxable year or during the first 3 months of the next
taxable year.
            ``(4) Adjustment for certain scholarships and veterans
        benefits.--The amount of qualified tuition and related expenses
        otherwise taken into account under subsection (a) with respect
        to the education of an individual shall be reduced (before the
        application of subsection (b)) by the sum of the amounts
        received with respect to such individual for the taxable year
        as--
                    ``(A) a qualified scholarship which under section
                117 is not includable in gross income,
                    ``(B) an educational assistance allowance under
                chapter 30, 31, 32, 34, or 35 of title 38, United
                States Code, or
                    ``(C) a payment (other than a gift, bequest,
                devise, or inheritance within the meaning of section
                102(a)) for educational expenses, or attributable to
                enrollment at an eligible educational institution,
                which is exempt from income taxation by any law of the
                United States.
            ``(5) No deduction for married individuals filing separate
        returns.--If the taxpayer is a married individual (within the
        meaning of section 7703), this section shall apply only if the
        taxpayer and the taxpayer's spouse file a joint return for the
        taxable year.
            ``(6) Nonresident aliens.--If the taxpayer is a nonresident
        alien individual for any portion of the taxable year, this
        section shall apply only if such individual is treated as a
        resident alien of the United States for purposes of this
        chapter by reason of an election under subsection (g) or (h) of
        section 6013.
            ``(7) Regulations.--The Secretary may prescribe such
        regulations as may be necessary or appropriate to carry out
        this section, including regulations requiring recordkeeping and
        information reporting.''.
    (b) Deduction Allowed in Computing Adjusted Gross Income.--Section
62(a) of the Internal Revenue Code of 1986 is amended by inserting
after paragraph (17) the following:
            ``(18) Higher education expenses.--The deduction allowed by
        section 222.''.
    (c) Determination of Adjusted Gross Income With Respect To Other
Benefits.--
            (1) Section 21(a)(2) of the Internal Revenue Code of 1986
        is amended by inserting ``(determined without regard to section
        222)'' after ``adjusted gross income''.
            (2) Section 22(d) of such Code is amended--
                    (A) by inserting ``(determined without regard to
                section 222)'' after ``adjusted gross income'' the
                first place it appears, and
                    (B) by inserting ``(as so determined)'' after
                ``adjusted gross income'' the second place it appears.
            (3) Section 23(b)(2)(B) of such Code is amended by
        inserting ``222,'' before ``911''.
            (4) Section 24(b)(1) of such Code is amended by inserting
        ``222,'' before ``911''.
            (5) Section 86(b)(2)(A) of such Code is amended by
        inserting ``222,'' before ``911''.
            (6) Section 137(b)(3)(A) of such Code is amended by
        inserting ``222,'' before ``911''.
            (7) Section 151(d)(3) of such Code is amended--
                    (A) by inserting ``(determined without regard to
                section 222)'' after ``adjusted gross income'' in
                subparagraph (A), and
                    (B) by inserting ``(as so determined)'' after
                ``adjusted gross income'' in subparagraph (B).
            (8) Section 165(h)(2)(A)(ii) of such Code is amended by
        inserting ``(determined without regard to section 222)'' after
        ``adjusted gross income''.
            (9) Section 213(a) of such Code is amended by inserting
        ``(determined without regard to section 222)'' after ``adjusted
        gross income''.
            (10) Section 219(g)(3)(A)(ii) of such Code is amended by
        inserting ``222,'' after ``221,''.
            (11) Section 221(b)(2)(C)(i) of such Code is amended by
        inserting ``222,'' before ``911''.
            (12) Section 403(b)(3)(D) of such Code is amended--
                    (A) by inserting ``(determined without regard to
                section 222)'' after ``adjusted gross income'' in
                clause (ii), and
                    (B) by inserting ``(as so determined)'' after
                ``adjusted gross income'' in the matter following
                clause (ii).
            (13) Section 469(i)(3)(E)(iii) of such Code is amended by
        striking ``and 221'' and inserting ``, 221, and 222''.
            (14) Section 1400C(b)(2) of such Code is amended by
        inserting ``222,'' before ``911''.
    (d) Conforming Amendments.--The table of sections for part VII of
subchapter B of chapter 1 of the Internal Revenue Code of 1986 is
amended by striking the item relating to section 222 and inserting the
following:

                              ``Sec. 222. Higher education expenses.
                              ``Sec. 223. Cross reference.''.
    (e) Effective Date.--The amendments made by this section shall
apply to expenses paid after December 31, 2001 (in taxable years ending
after such date), for education furnished in academic periods beginning
after such date.

SEC. 3. EDUCATION TAX CREDIT FAIRNESS.

    (a) In General.--Section 25A(c)(1) of the Internal Revenue Code of
1986 (relating to lifetime learning credit) is amended by striking
``2003'' and inserting ``2002''.
    (b) Increase in AGI Limits.--
            (1) In general.--Subsection (d) of section 25A of the
        Internal Revenue Code of 1986 is amended to read as follows:
    ``(d) Limitation Based on Modified Adjusted Gross Income.--
            ``(1) Hope credit.--
                    ``(A) In general.--The amount which would (but for
                this subsection) be taken into account under subsection
                (a)(1) shall be reduced (but not below zero) by the
                amount determined under subparagraph (B).
                    ``(B) Amount of reduction.--The amount determined
                under this subparagraph equals the amount which bears
                the same ratio to the amount which would be so taken
                into account as--
                            ``(i) the excess of--
                                    ``(I) the taxpayer's modified
                                adjusted gross income for such taxable
                                year, over
                                    ``(II) $50,000 ($100,000 in the
                                case of a joint return), bears to
                            ``(ii) $10,000 ($20,000 in the case of a
                        joint return).
            ``(2) Lifetime learning credit.--
                    ``(A) In general.--The amount which would (but for
                this subsection) be taken into account under subsection
                (a)(2) shall be reduced (but not below zero) by the
                amount determined under subparagraph (B).
                    ``(B) Amount of reduction.--The amount determined
                under this subparagraph equals the amount which bears
                the same ratio to the amount which would be so taken
                into account as--
                            ``(i) the excess of--
                                    ``(I) the taxpayer's modified
                                adjusted gross income for such taxable
                                year, over
                                    ``(II) $40,000 ($80,000 in the case
                                of a joint return), bears to
                            ``(ii) $10,000 ($20,000 in the case of a
                        joint return).
            ``(3) Modified adjusted gross income.--For purposes of this
        subsection, the term `modified adjusted gross income' means the
        adjusted gross income of the taxpayer for the taxable year
        increased by any amount excluded from gross income under
        section 911, 931, or 933.''.
            (2) Conforming amendment.--Paragraph (2) of section 25A(h)
        of such Code is amended to read as follows:
            ``(2) Income limits.--
                    ``(A) Hope credit.--In the case of a taxable year
                beginning after 2002, the $50,000 and $100,000 amounts
                in subsection (d)(1)(B)(i)(II) shall be increased by an
                amount equal to--
                            ``(i) such dollar amount, multiplied by
                            ``(ii) the cost-of-living adjustment
                        determined under section 1(f)(3) for the
                        calendar year in which the taxable year begins,
                        determined by substituting `calendar year 2001'
                        for `calendar year 1992' in subparagraph (B)
                        thereof.
                    ``(B) Lifetime learning credit.--In the case of a
                taxable year beginning after 2001, the $40,000 and
                $80,000 amounts in subsection (d)(2)(B)(i)(II) shall be
                increased by an amount equal to--
                            ``(i) such dollar amount, multiplied by
                            ``(ii) the cost-of-living adjustment
                        determined under section 1(f)(3) for the
                        calendar year in which the taxable year begins,
                        determined by substituting `calendar year 2000'
                        for `calendar year 1992' in subparagraph (B)
                        thereof.
                    ``(C) Rounding.--If any amount as adjusted under
                subparagraph (A) or (B) is not a multiple of $1,000,
                such amount shall be rounded to the next lowest
                multiple of $1,000.''.
    (c) Coordination With Other Higher Education Benefits.--
            (1) Subsection (e) of section 25A of the Internal Revenue
        Code of 1986 is amended to read as follows:
    ``(e) Election Not To Have Section Apply.--A taxpayer may elect not
to have this section apply with respect to the qualified tuition and
related expenses of an individual for any taxable year.''.
            (2) Section 25A (g) of such Code is amended by striking
        paragraph (5) and by redesignating paragraphs (6) and (7) as
        paragraphs (5) and (6), respectively.
            (3) Section 135(d)(2)(A) of such Code is amended by
        striking ``allowable'' and inserting ``allowed''.
    (d) Effective Date.--The amendments made by this section shall
apply to expenses paid after December 31, 2001 (in taxable years ending
after such date), for education furnished in academic periods beginning
after such date.

SEC. 4. RELATIONSHIP BETWEEN TUITION AND FINANCIAL AID.

    (a) Study.--The Comptroller General of the United States shall
conduct an annual study to examine whether the Federal income tax
incentives to provide education assistance affect higher education
tuition rates in order to identify if institutions of higher education
are absorbing the intended savings by raising tuition rates.
    (b) Report.--The Comptroller General of the United States shall
report the results of the study required under subsection (a) to
Congress on an annual basis.

SEC. 5. SENSE OF THE SENATE REGARDING PELL GRANTS.

    It is the sense of the Senate that the maximum Pell Grant should be
increased to $4,700 to pay approximately--
            (1) 20 percent of the tuition, fees, room and board, and
        other expenses of the average college, or
            (2) the tuition and fees of the average public college.

Summary: Higher Education Affordability and Fairness Act - Amends the Internal Revenue Code to allow a limited tax deduction for qualified higher education tuition and related expenses. Provides that the increase in the Lifetime Learning Credit to 20 percent of $10,000 of tuition from $5,000 of tuition shall be effective starting in 2002 rather than 2003. Directs the Comptroller General of the United States to conduct an annual study to examine whether the Federal income tax incentives to provide education assistance affect higher education tuition rates in order to identify if institutions of higher education are absorbing the intended savings by raising tuition rates. Expresses the sense of the Senate that the maximum Pell Grant should be increased to $4,700 to pay approximately: (1) 20 percent of the tuition, fees, room and board, and other expenses of the average college. Or (2) the tuition and fees of the average public college.

A bill to amend the Internal Revenue Code of 1986 to make higher education more affordable by providing a tax deduction for higher education expenses, and for other purposes.


SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Heavy Truck, Tractor, and Trailer
Retail Federal Excise Tax Repeal Act of 2017''.

SEC. 2. FINDINGS.

    The Congress finds that--
            (1) there is a 12-percent Federal retail excise tax on
        certain new heavy trucks, tractors, and trailers, coupled with
        new regulatory mandates, significantly increasing the cost of
        new heavy-duty trucks, tractors, and trailers, and discourages
        the replacement of older, less environmentally clean and less
        fuel economical vehicles;
            (2) this 12-percent Federal retail excise tax is the
        highest percentage rate of any Federal ad valorem excise tax;
            (3) the Federal excise tax was first levied by Congress in
        1917 to help finance America's involvement in World War I;
            (4) in 2016, the average manufacturer suggested retail
        price for heavy trucks was over $175,921;
            (5) the 12-percent Federal retail excise tax routinely adds
        between $12,000 and $22,000 to the cost of a heavy truck,
        tractor, or trailer;
            (6) the average in-use, heavy truck is 9.5 years old, close
        to the historical all-time high;
            (7) the Environmental Protection Agency's model year 2002-
        2010 tailpipe emissions rules account for $20,000 of the
        average price of today's new heavy-duty trucks;
            (8) according to the 2011 Environmental Protection Agency
        and National Highway Traffic Safety Administration Regulatory
        Impact Analysis entitled ``Final Rulemaking to Establish
        Greenhouse Gas Emissions Standards and Fuel Efficiency
        Standards for Medium and Heavy-Duty Engines and Vehicles'',
        model year 2014-2018 EPA-Department of Transportation fuel
        economy rules will add up to approximately $6,683 to the price
        of new heavy-duty trucks;
            (9) according to the 2016 Environmental Protection Agency
        and National Highway Traffic Safety Administration Final Rule
        entitled ``Greenhouse Gas Emissions and Fuel Efficiency
        Standards for Medium and Heavy-Duty Engines and Vehicles--Phase
        2'', model year 2021-2027 fuel economy rules will add up to
        approximately $12,500 to the price of new heavy-duty trucks;
            (10) the $39,183 average per truck cost of these regulatory
        mandates results in an additional $4,700 Federal excise tax, on
        average;
            (11) since the Federal retail excise tax on certain new
        heavy trucks, tractors, and trailers is based on annual sales,
        receipts from the tax deposited in the Highway Trust Fund can
        vary greatly; and
            (12) Congress should consider a more reliable and
        consistent revenue mechanism to protect the Highway Trust Fund.

SEC. 3. REPEAL OF EXCISE TAX ON HEAVY TRUCKS AND TRAILERS.

    (a) In General.--Chapter 31 of the Internal Revenue Code of 1986 is
amended by striking subchapter C (and by striking the item relating to
such subchapter from the table of subchapters for such chapter).
    (b) Conforming Amendments.--
            (1) Section 4072(c) of such Code is amended to read as
        follows:
    ``(c) Tires of the Type Used on Highway Vehicles.--
            ``(1) In general.--For purposes of this part, the term
        `tires of the type used on highway vehicles' means tires of the
        type used on--
                    ``(A) motor vehicles which are highway vehicles, or
                    ``(B) vehicles of the type used in connection with
                motor vehicles which are highway vehicles.
            ``(2) Exception for mobile machinery.--
                    ``(A) In general.--Such term shall not include
                tires of a type used exclusively on mobile machinery.
                    ``(B) Mobile machinery.--For purposes of
                subparagraph (A), the term `mobile machinery' means any
                vehicle which consists of a chassis--
                            ``(i) to which there has been permanently
                        mounted (by welding, bolting, riveting, or
                        other means) machinery or equipment to perform
                        a construction, manufacturing, processing,
                        farming, mining, drilling, timbering, or
                        similar operation if the operation of the
                        machinery or equipment is unrelated to
                        transportation on or off the public highways,
                            ``(ii) which has been specially designed to
                        serve only as a mobile carriage and mount (and
                        a power source, where applicable) for the
                        particular machinery or equipment involved,
                        whether or not such machinery or equipment is
                        in operation, and
                            ``(iii) which, by reason of such special
                        design, could not, without substantial
                        structural modification, be used as a component
                        of a vehicle designed to perform a function of
                        transporting any load other than that
                        particular machinery or equipment or similar
                        machinery or equipment requiring such a
                        specially designed chassis.''.
            (2) Section 4221 of such Code is amended--
                    (A) by striking ``4051 or'' in subsection (a), and
                    (B) by striking ``and in the case of any article
                sold free of tax under section 4053(6),'' in subsection
                (c).
            (3) Section 4222(d) of such Code is amended by striking
        ``4053(6),''.
            (4) Section 4293 of such Code is amended by striking
        ``section 4051,''.
            (5) Section 6416(b)(2) of such Code is amended by striking
        ``or under section 4051''.
            (6) Section 6416(b) of such Code is amended by striking
        paragraph (6).
            (7) Section 9503(b)(1) of such Code is amended by striking
        subparagraph (B) and by redesignating subparagraphs (C), (D),
        and (E) as subparagraphs (B), (C), and (D), respectively.
    (c) Effective Date.--The amendments made by this section shall
apply to sales and installations on or after the date of the
introduction of this Act.

Summary: Heavy Truck, Tractor, and Trailer Retail Federal Excise Tax Repeal Act of 2017 This bill amends the Internal Revenue Code to repeal the 12 excise tax on the retail sale of heavy trucks and trailers.


SECTION 1. SHORT TITLE; TABLE OF CONTENTS.

    (a) Short Title.--This Act may be cited as the ``Middle Class Tax
Relief Act of 2006''.
    (b) Table of Contents.--The table of contents of this Act is as
follows:

Sec. 1. Short title; table of contents.
             TITLE I--TAX RELIEF FOR MIDDLE CLASS FAMILIES

Sec. 101. Middle class families tax relief credits.
Sec. 102. Double the child tax credit for middle class families.
Sec. 103. Eliminate the middle class surcharge.
       TITLE II--SURTAX FOR FAMILIES WITH INCOMES OVER $1 MILLION

Sec. 201. Surtax for families with incomes over $1 million.

             TITLE I--TAX RELIEF FOR MIDDLE CLASS FAMILIES

SEC. 101. MIDDLE CLASS FAMILIES TAX RELIEF CREDITS.

    (a) In General.--Subpart A of part IV of subchapter A of chapter 1
of the Internal Revenue Code of 1986 (relating to nonrefundable
personal credits) is amended by inserting before section 26 the
following new section:

``SEC. 25E. MIDDLE CLASS FAMILIES TAX RELIEF CREDIT.

    ``(a)  10 Percent Tax Reduction for the Middle Class.--
            ``(1) In general.--In the case of any natural person, there
        shall be allowed as a credit against the tax imposed by this
        chapter for the taxable year an amount equal to 10 percent of
        the amount of such tax.
            ``(2) Income limitation.--The amount allowable as a credit
        under paragraph (1) for any taxable year shall be reduced (but
        not below zero) by an amount which bears the same ratio to the
        amount so allowable (determined without regard to this
        paragraph) as--
                    ``(A) the amount (if any) by which the taxpayer's
                adjusted gross income exceeds $75,000 ($150,000 in the
                case of a joint return), bears to
                    ``(B) $5,000 ($10,000 in the case of a joint
                return).
    ``(b) Zero Tax Bracket for the Poor.--
            ``(1) In general.--In the case of any natural person, there
        shall be allowed as a credit against the tax imposed by this
        chapter for the taxable year an amount equal to the excess of--
                    ``(A) the sum of the taxpayer's regular tax
                liability for the taxable year and the tax imposed by
                section 55(a) for the taxable year, over
                    ``(B) the sum of the credits allowed under this
                part (other than this subsection) for the taxable year.
            ``(2) Income limitation.--The amount allowable as a credit
        under paragraph (1) for any taxable year shall be reduced (but
        not below zero) by an amount which bears the same ratio to the
        amount so allowable (determined without regard to this
        paragraph) as--
                    ``(A) the amount (if any) by which the taxpayer's
                adjusted gross income exceeds $12,500 ($25,000 in the
                case of a joint return), bears to
                    ``(B) $2,500 ($5,000 in the case of a joint
                return).''.
    (b) Clerical Amendment.--The table of sections of subpart A of part
IV of subchapter A of chapter 1 of such Code is amended by inserting
before the item relating to section 26 the following new item:

``Sec. 25E. Middle class families tax relief credits.''.
    (c) Effective Date.--The amendments made by this section shall
apply to taxable years beginning after the date of the enactment of
this Act.

SEC. 102. DOUBLE THE CHILD TAX CREDIT FOR MIDDLE CLASS FAMILIES.

    (a) In General.--Subsection (a) of section 24 of the Internal
Revenue Code of 1986 (relating to child tax credit) is amended to read
as follows:
    ``(a) Allowance of Credit.--
            ``(1) In general.--There shall be allowed as a credit
        against the tax imposed by this chapter for the taxable year
        with respect to each qualifying child of the taxpayer an amount
        equal to the sum of--
                    ``(A) the basic credit for the taxable year, plus
                    ``(B) the additional credit for the taxable year.
            ``(2) Basic credit.--For purposes of this section, the term
        `basic credit' means--
                    ``(A) $1,000 in the case of any taxable year
                beginning before January 1, 2011, and
                    ``(B) $500 in the case of any other taxable year.
            ``(3) Additional credit.--For purposes of this section, the
        term `additional credit' means--
                    ``(A) $1,000 in the case of any taxable year
                beginning before January 1, 2011, and
                    ``(B) $500 in the case of any other taxable
                year.''.
    (b) Limitation on Additional Credit Based on Adjusted Gross
Income.--Subsection (b) of section 24 of such Code is amended by adding
at the end the following new paragraphs:
            ``(4) Limitation on additional credit based on adjusted
        gross income.--The amount of the additional credit determined
        under subsection (a)(3) shall be reduced (but not below zero)
        by an amount which bears the same ratio to such amount
        (determined without regard to this paragraph) as--
                    ``(A) the amount (if any) by which the taxpayer's
                adjusted gross income exceeds $75,000 ($150,000 in the
                case of a joint return), bears to
                    ``(B) $5,000 ($10,000 in the case of a joint
                return).''.
    (c) Conforming Amendments.--Paragraph (1) of section 24(b) of such
Code is amended--
            (1) by striking ``the credit allowable under subsection
        (a)'' and inserting ``the basic credit determined under
        subsection (a)(2)'', and
            (2) by inserting ``on basic credit'' after ``Limitation''
        in the heading thereof.
    (d) Coordination With EGTRRA Sunset.--Section 901 of the Economic
Growth and Tax Relief Reconciliation Act of 2001 shall not apply to the
amendment made by section 201(a) of such Act.
    (e) Effective Date.--The amendments made by this section shall
apply to taxable years beginning after the date of the enactment of
this Act.

SEC. 103. ELIMINATE THE MIDDLE CLASS SURCHARGE.

    (a) In General.--Section 55 of the Internal Revenue Code of 1986
(relating to alternative minimum tax imposed) is amended by adding at
the end the following new subsection:
    ``(f) Exemption for Individuals for Taxable Years Beginning in
2007.--For any taxable year beginning in 2007, in the case of an
individual--
            ``(1) In general.--The tentative minimum tax of the
        taxpayer shall be zero if the adjusted gross income of the
        taxpayer (as determined for purposes of the regular tax) is
        equal to or less than the threshold amount.
            ``(2) Phasein of liability above exemption level.--In the
        case of a taxpayer whose adjusted gross income exceeds the
        threshold amount but does not exceed $112,500 ($225,000 in the
        case of a joint return), the tax imposed by subsection (a)
        shall be the amount which bears the same ratio to such tax
        (determined without regard to this subsection) as--
                    ``(A) the excess of--
                            ``(i) the adjusted gross income of the
                        taxpayer (as determined for purposes of the
                        regular tax), over
                            ``(ii) the threshold amount, bears to
                    ``(B) $12,500 ($25,000 in the case of a joint
                return).
            ``(3) Threshold amount.--For purposes of this paragraph,
        the term `threshold amount' means $100,000 ($200,000 in the
        case of a joint return).
            ``(4) Estates and trusts.--This subsection shall not apply
        to any estate or trust.''.
    (b) Effective Date.--The amendment made by this section shall apply
to taxable years beginning after December 31, 2005.

       TITLE II--SURTAX FOR FAMILIES WITH INCOMES OVER $1 MILLION

SEC. 201. SURTAX FOR FAMILIES WITH INCOMES OVER $1 MILLION.

    (a) General Rule.--Section 1 of the Internal Revenue Code of 1986
(relating to imposition of tax on individuals) is amended by adding at
the end the following new subsection:
    ``(j) Surtax for Families With Incomes Over $1,000,000.--
            ``(1) In general.--If the adjusted gross income of a
        taxpayer exceeds $500,000 ($1,000,000, in the case of a joint
        return), the tax imposed by this section (determined without
        regard to this subsection) shall be increased by an amount
        determined in accordance with the following tables:
                    ``(A) Joint returns.--In the case of a joint
                return:

``If taxable income is:             The tax is:
    Over $1,000,000 but not over
        $1,000,000,000.
                                        7% of the excess over
                                                $1,000,000
    Over $1,000,000,000............
                                        $69,930,000, plus 10% of the
                                                excess over
                                                $1,000,000,000
                    ``(B) Other returns.--In the case of any other
                return:

``If taxable income is:             The tax is:
    Over $500,000 but not over
        $500,000,000.
                                        7% of the excess over $500,000
    Over $500,000,000..............
                                        $34,965,000, plus 10% of the
                                                excess over
                                                $500,000,000
            ``(2) Tax not to apply to estates and trusts.--This
        subsection shall not apply to an estate or trust.
            ``(3) Special rule.--For purposes of section 55, the amount
        of the regular tax shall be determined without regard to this
        subsection.''.
    (b) Effective Date.--The amendments made by this section shall
apply to taxable years beginning after the date of the enactment of
this Act.
    (c) Section 15 Not to Apply.--The amendment made by subsection (a)
shall not be treated as a change in a rate of tax for purposes of
section 15 of the Internal Revenue Code of 1986.

Summary: Middle Class Tax Relief Act of 2006 - Amends the Internal Revenue Code to: (1) allow individual taxpayers with adjusted gross incomes of less than $75,000 a tax credit for 10 of their income tax. (2) eliminate income taxes for individual taxpayers with adjusted gross incomes of less than $12,500. (3) double the child tax credit for individual taxpayers with adjusted gross incomes of less than $75,000. (4) eliminate the alternative minimum tax in 2007 for certain individual taxpayers. And (5) impose an income tax surtax on individual taxpayers with adjusted gross incomes of over $500,000 .

To amend the Internal Revenue Code of 1986 to provide middle class tax relief, impose a surtax for families with incomes over $1,000,000, and for other purposes.