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Military Lending Act: Timeline, New Rules, and Issues

Description: This report briefly discusses new rules under the Military Lending Act (MLA) that change the definition of consumer credit for covered servicemembers and dependents; it will apply to transactions or accounts that are established on or after October 3, 2016. These rules may have an impact on the regulatory burdens for businesses that provide credit products to the military and may also affect military readiness.
Date: June 1, 2016
Creator: Kamarck, Kristy N.
Partner: UNT Libraries Government Documents Department

An Analysis of the Geographic Distribution of the Mortgage Interest Deduction

Description: This report analyzes variation in the mortgage interest deduction tax expenditure across states. Tax expenditures, such as the mortgage interest deduction, can generally be viewed as government spending administered via the tax code, or as tax incentives that are intended to achieve particular policy objectives. Regardless of the interpretation, tax expenditures provide a benefit to qualifying taxpayers by lowering their federal tax liabilities.
Date: January 30, 2014
Creator: Keightley, Mark P.
Partner: UNT Libraries Government Documents Department

Efforts to Delay the Gradual Elimination of Flood Insurance Premium Subsidies

Description: This report examines legislative efforts in Congress to delay the gradual phase-out of subsidized flood insurance premiums, which is required under Sections 100205 and 100207 of P.L. 112-141, the Biggert-Waters Flood Insurance Reform and Modernization Act of 2012. This new law extended the authorization for the National Flood Insurance Program (NFIP) for five years, through September 30, 2017, while requiring significant program reforms affecting flood insurance, flood hazard mapping, and floodplains management.
Date: March 3, 2014
Creator: King, Rawle O.
Partner: UNT Libraries Government Documents Department

Financing Catastrophic Risk: Summary of the Homeowners' Defense Act of 2009 (S. 505 and H.R. 2555)

Description: This report discusses the drastic increase in demand for homeowners' insurance in Atlantic and Gulf Coast states following the devastation of Hurricane Katrina in 2005. This report also discusses various measures and efforts underway to enhance insurer capacity, pursue alternative forms of risk transfer, and create a national catastrophe financing facility, the last of which is an issue under considerable debate.
Date: July 1, 2009
Creator: King, Rawle O.
Partner: UNT Libraries Government Documents Department

Financing Recovery from Large-Scale Natural Disasters

Description: Two important issues before Congress are (1) securing the nation's capacity to prepare for, respond to, and recover/rebuild from natural catastrophe events, and (2) determining whether and how the federal government should intervene in catastrophe insurance markets. This report focuses on this issue at length, taking into consideration the Gulf Coast hurricanes of 2004 and 2005; a sequence of tornadoes, wildfire, earthquakes, Hurricanes Ike and Gustav, and the 2008 Midwestern floods; and the financial market turmoil in 2008.
Date: November 18, 2008
Creator: King, Rawle O.
Partner: UNT Libraries Government Documents Department

The National Flood Insurance Program: Status and Remaining Issues for Congress

Description: This report provides an analysis of flood risk management, summarizes major challenges facing the National Flood Insurance Program (NFIP), and outlines key reforms in the recently enacted Biggert-Waters Flood Insurance Reform Act of 2012. The report also identifies and presents some key remaining flood management issues for congressional considerations, and it concludes with a discussion of relevant policy options for the future financial management of flood hazards in the United States.
Date: December 10, 2012
Creator: King, Rawle O.
Partner: UNT Libraries Government Documents Department

National Flood Insurance Program: Treasury Borrowing in the Aftermath of Hurricane Katrina

Description: In 2008, Hurricanes Ike, Gustav, and Dolly made landfall in the United States, causing widespread flood damage. Exactly three years earlier, claims and expenses related to the massive flooding caused by Hurricanes Katrina, Rita, and Wilma had financially overwhelmed the National Flood Insurance Program (NFIP). The Federal Emergency Management Agency (FEMA) estimates that the NFIP will need about $3 billion in additional borrowing authority to cover the claims currently outstanding and a yet to be determined amount for the 2008 Hurricanes. Congress is currently working to reform the NFIP while retaining its original intent to keep rates affordable for people to buy the insurance.
Date: September 19, 2008
Creator: King, Rawle O.
Partner: UNT Libraries Government Documents Department

The U.S. Newspaper Industry in Transition

Description: This report analyzes the current crises that the U.S. newspaper industry is facing in light of the recent economic downturn and the increasing number of readers who turn to the Internet for their news instead of to traditional media. Congress has begun debating whether the financial problems in the newspaper industry pose a public policy issue that warrants federal action.
Date: September 9, 2010
Creator: Kirchoff, Suzanne M.
Partner: UNT Libraries Government Documents Department

The U.S. Newspaper Industry in Transition

Description: This report analyzes China's mixed record on human rights: major human rights problems, new human rights legislation, and the development of civil society, legal awareness, and social and political activism. This report discusses major areas of interest but does not provide an exhaustive account of all human rights abuses or related incidents.
Date: July 8, 2009
Creator: Kirchoff, Suzanne M.
Partner: UNT Libraries Government Documents Department

The U.S. Newspaper Industry in Transition

Description: This report analyzes the current crises that the U.S. newspaper industry is facing in light of the recent economic downturn and the increasing number of readers who turn to the Internet for their news instead of to traditional media. Congress has begun debating whether the financial problems in the newspaper industry pose a public policy issue that warrants federal action.
Date: July 8, 2009
Creator: Kirchoff, Suzanne M.
Partner: UNT Libraries Government Documents Department

Airport Improvement Program (AIP): Reauthorization Issues for Congress

Description: This report discusses the Airport Improvement Program and its complement, the passenger facility charge (PFC), within the broader context of airport capital development finance. It contains a brief history of federal support for airport construction and improvement, the report describes AIP funding, its source of revenues, funding distribution, and the types of projects the program funds.
Date: May 29, 2009
Creator: Kirk, Robert S.
Partner: UNT Libraries Government Documents Department

Airport Improvement Program (AIP): Reauthorization Issues for Congress

Description: This report discusses the Airport Improvement Program and its complement, the passenger facility charge (PFC), within the broader context of airport capital development finance. After a brief history of federal support for airport construction and improvement, the report describes AIP funding, its source of revenues, funding distribution, and the types of projects the program funds.
Date: January 27, 2010
Creator: Kirk, Robert S.
Partner: UNT Libraries Government Documents Department

Federal-Aid Highway Program (FAHP): In Brief

Description: This report discusses the major characteristics of the federal highway program that have been constant since the early 1920s. Generally, federal money can be spent only on designated federal-aid highways, which make up roughly a quarter of U.S. public roads.
Date: December 16, 2013
Creator: Kirk, Robert S.
Partner: UNT Libraries Government Documents Department

Tolling of Interstate Highways: Issues in Brief

Description: In recent years, the revenues flowing into the highway trust fund have been insufficient to maintain even current levels of federal funding for highways. Political resistance to raising the federal fuels tax is high. This report discusses arguments for and against expanding tolling of the Interstate highways as a means of generating needed funds.
Date: February 13, 2013
Creator: Kirk, Robert S.
Partner: UNT Libraries Government Documents Department