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Selected International Depreciation Rates by Asset and Country

Description: The depreciation provisions in the U.S. tax system are of recurring interest to Congress. More than 100 bills were introduced in the 109th Congress that addressed some aspect of depreciation. Concerns about the U.S. depreciation system tend to begin with the criticism that updates to the system have not kept pace with technological advancements of the assets for which it is utilized to account. This report provides information on the depreciation systems of selected European Union countries (France, Germany, Ireland, Spain, and the United Kingdom) by presenting depreciation rates for buildings; computers; expensable assets; motor vehicles; patents; plant, equipment, machinery, and tools; and software.
Date: January 30, 2007
Creator: Mast, Brent W.
Partner: UNT Libraries Government Documents Department

Agricultural Disaster Assistance

Description: The U.S. Department of Agriculture (USDA) offers several permanently authorized programs to help farmers recover financially from a natural disaster, including federal crop insurance, the non-insured assistance program and emergency disaster loans. In recent years, Congress frequently has made supplemental financial assistance available to farmers and ranchers on an ad-hoc basis, most notably in the form of direct crop disaster payments and emergency livestock assistance. Congress provided an estimated $3.1 billion of such assistance in the Consolidated Appropriations Act of 2003 (P.L. 108-7) for 2001 and 2002 crop and livestock losses. Some farm groups would like to see similar assistance provided for 2003 losses, particularly in regions of the Midwest and West that have experienced prolonged drought conditions. To date, no ad-hoc assistance has been made available for 2003 losses.
Date: October 6, 2006
Creator: Chite, Ralph M.
Partner: UNT Libraries Government Documents Department

The Committee on Foreign Investment in the United States (CFIUS)

Description: The Committee on Foreign Investment in the United States (CFIUS) is an interagency committee that serves the President in overseeing the national security implications of foreign investment in the economy. Since it was established by an Executive Order of President Ford in 1975, the committee has operated in relative obscurity.1 According to a Treasury Department memorandum, the Committee originally was established in order to placate Congress, which had grown concerned over the rapid increase in Organization of the Petroleum Exporting Countries (OPEC) investments in American portfolio assets (Treasury securities, corporate stocks and bonds), and to respond to concerns of some that much of the OPEC investments were being driven by political, rather than by economic, motives.
Date: July 28, 2006
Creator: Jackson, James K.
Partner: UNT Libraries Government Documents Department

The Exon-Florio National Security Test for Foreign Investment

Description: The United States actively promotes internationally the national treatment of foreign firms. Some Members of Congress and others are concerned with this policy, however, particularly with how it applies to allowing government-owned companies unlimited access to the Nation's industrial base. Much of this debate focuses on the activities of a relatively obscure committee, the Committee on Foreign Investment in the United States (CFIUS) and the Exon-Florio provision, which gives the President broad powers to block certain types of foreign investment. Several Members of Congress have introduced various measures during the 2nd Session of the 109th Congress regarding this ongoing policy debate.
Date: July 28, 2006
Creator: Jackson, James K.
Partner: UNT Libraries Government Documents Department

The Exon-Florio National Security Test for Foreign Investment

Description: The proposed acquisition of major operations in six major U.S. ports by Dubai Ports World and of Unocal by the China National Offshore Oil Corporation sparked intense concerns among some Members of Congress and the public and has reignited the debate over what role foreign acquisitions play in U.S. national security. The United States actively promotes internationally the national treatment of foreign firms. Several Members of Congress have introduced various measures during the 2nd Session of the 109th Congress that can be grouped into four major areas: those that deal specifically with the proposed Dubai Ports World acquisition; those that focus more generally on foreign ownership of U.S. ports; those that would amend the CFIUS process; and those that would amend the Exon-Florio process.
Date: July 28, 2006
Creator: Jackson, James K.
Partner: UNT Libraries Government Documents Department

The Exon-Florio National Security Test for Foreign Investment

Description: The proposed acquisition of major operations in six major U.S. ports by Dubai Ports World and of Unocal by the China National Offshore Oil Corporation sparked intense concerns among some Members of Congress and the public and has reignited the debate over what role foreign acquisitions play in U.S. national security. The United States actively promotes internationally the national treatment of foreign firms. Several Members of Congress have introduced various measures during the 2nd Session of the 109th Congress that can be grouped into four major areas: those that deal specifically with the proposed Dubai Ports World acquisition; those that focus more generally on foreign ownership of U.S. ports; those that would amend the CFIUS process; and those that would amend the Exon-Florio process.
Date: July 28, 2006
Creator: Jackson, James K.
Partner: UNT Libraries Government Documents Department

Export-Import Bank: Reauthorization

Description: This report discusses the ongoing debate regarding the Export-Import Bank of the United States, a federal government corporation which is the the official export credit agency (ECA) of the U.S. Government.
Date: July 28, 2006
Creator: Jackson, James K.
Partner: UNT Libraries Government Documents Department

Financial Services Regulatory Relief in the 109th Congress: H.R. 3505 and S. 2856

Description: This report gives an overview of the major regulatory relief provisions in H.R. 3505 and S. 2856, focusing on their potential impact on bank concentration. The report examines both bills’ provisions to assess whether they are likely to support or discourage bank consolidation. The consolidation of the banking industry arguably reduces competition, which could tend to raise the price of banking services. On the other hand, there is empirical evidence that shows economies of scale in banking, including economies in complying with banking regulations, suggesting larger banks might be able to provide banking services at lower cost than smaller banks.
Date: July 24, 2006
Creator: Eubanks, Walter W.
Partner: UNT Libraries Government Documents Department

The Exon-Florio National Security Test for Foreign Investment

Description: The proposed acquisition of major operations in six major U.S. ports by Dubai Ports World and of Unocal by the China National Offshore Oil Corporation sparked intense concerns among some Members of Congress and the public and has reignited the debate over what role foreign acquisitions play in U.S. national security. The United States actively promotes internationally the national treatment of foreign firms. Several Members of Congress have introduced various measures during the 2nd Session of the 109th Congress that can be grouped into four major areas: those that deal specifically with the proposed Dubai Ports World acquisition; those that focus more generally on foreign ownership of U.S. ports; those that would amend the CFIUS process; and those that would amend the Exon-Florio process.
Date: June 15, 2006
Creator: Jackson, James K.
Partner: UNT Libraries Government Documents Department

Why the Dollar Rose in 2005 and the Prospect for 2006: Insights into the State of International Asset Markets and the Global Economy

Description: The dollar exchange rate rose substantially in 2005, halting a three-year decline and moving counter to the expectations of many observers. This report discusses potential reasons for the dollar's appreciation.
Date: May 30, 2006
Creator: Elwell, Craig K.
Partner: UNT Libraries Government Documents Department

The Exon-Florio National Security Test for Foreign Investment

Description: The proposed acquisition of major operations in six major U.S. ports by Dubai Ports World and of Unocal by the China National Offshore Oil Corporation sparked intense concerns among some Members of Congress and the public and has reignited the debate over what role foreign acquisitions play in U.S. national security. The United States actively promotes internationally the national treatment of foreign firms. Several Members of Congress have introduced various measures during the 2nd Session of the 109th Congress that can be grouped into four major areas: those that deal specifically with the proposed Dubai Ports World acquisition; those that focus more generally on foreign ownership of U.S. ports; those that would amend the CFIUS process; and those that would amend the Exon-Florio process.
Date: May 17, 2006
Creator: Jackson, James K.
Partner: UNT Libraries Government Documents Department

The Exon-Florio National Security Test for Foreign Investment

Description: The proposed acquisition of major operations in six major U.S. ports by Dubai Ports World and of Unocal by the China National Offshore Oil Corporation sparked intense concerns among some Members of Congress and the public and has reignited the debate over what role foreign acquisitions play in U.S. national security. The United States actively promotes internationally the national treatment of foreign firms. Several Members of Congress have introduced various measures during the 2nd Session of the 109th Congress that can be grouped into four major areas: those that deal specifically with the proposed Dubai Ports World acquisition; those that focus more generally on foreign ownership of U.S. ports; those that would amend the CFIUS process; and those that would amend the Exon-Florio process.
Date: May 15, 2006
Creator: Jackson, James K.
Partner: UNT Libraries Government Documents Department

Agricultural Disaster Assistance

Description: The U.S. Department of Agriculture (USDA) offers several permanently authorized programs to help farmers recover financially from a natural disaster, including federal crop insurance, the noninsured assistance program, and emergency disaster loans. Since 1988, Congress regularly has made supplemental financial assistance available to farmers and ranchers, primarily in the form of crop disaster payments and emergency livestock assistance. The Senate-passed version of a pending FY2006 supplemental appropriations bill (H.R. 4939) contains an adopted committee amendment that would provide an estimated additional $3.9 billion in various forms of farm assistance, including payments for major crop and livestock losses caused by any 2005 disaster, such as the drought in portions of the Midwest and Hurricanes Katrina and Rita in the Gulf.
Date: May 8, 2006
Creator: Chite, Ralph M.
Partner: UNT Libraries Government Documents Department

Federal Credit Reform: Implementation Of the Changed Budgetary Treatment of Direct Loans and Loan Guarantees

Description: This report explains the provisions of the Federal Credit Reform Act of 1990 (FCRA), examine the implementation of credit reform including credit reform provisions of the Balanced Budget Act of 1997 (BBA97), and discusses proposed modifications of credit reform. In order to achieve these objectives, it is necessary to initially discuss justifications for credit programs, federal credit concepts, and the budgetary treatment of federal credit before the FCRA.
Date: April 25, 2006
Creator: Bickley, James M.
Partner: UNT Libraries Government Documents Department

Foreign Investment in U.S. Securities

Description: Foreign capital inflows are playing an important role in the U.S. economy by bridging the gap between domestic supplies of and demand for capital. Foreign investors now hold more than 55% of the publicly-held and -traded U.S. Treasury securities. This report relies on a comprehensive set of data on capital flows, represented by purchases and sales of U.S. government securities and U.S. and foreign corporate stocks, bonds, into and out of the United States, that is reported by the Treasury Department on a monthly basis.
Date: April 24, 2006
Creator: Jackson, James K.
Partner: UNT Libraries Government Documents Department