CRS Reports

Comprehensive Environmental Response, Compensation, and Liability Act: A Summary of Superfund Cleanup Authorities and Related Provisions of the Act

Congress enacted the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA; P.L. 96-510) in response to a growing desire for the federal government to ensure the cleanup of the nation’s most contaminated sites to protect the public from potential harm. The Superfund Amendments and Reauthorization Act of 1986 (P.L. 99-499, SARA) clarified the applicability of the statute’s requirements to federal facilities, and modified various response, liability, and enforcement provisions. Several other laws also have amended CERCLA for specific purposes, including relief from cleanup liability for certain categories of parties, and the authorization of federal assistance for the cleanup of abandoned or idled “brownfields” where the presence or perception of contamination may impede economic redevelopment. CERCLA authorizes cleanup and enforcement actions to respond to actual or threatened releases of hazardous substances into the environment, but generally excludes releases of petroleum and certain other materials covered by other federal laws. Considering the limitation of federal resources to address the many contaminated sites across the United States, CERCLA directs the Environmental Protection Agency (EPA) to maintain a National Priorities List (NPL) to identify the most hazardous sites for the purpose of prioritizing cleanup actions. The states and the public may participate in federal cleanup decisions at NPL sites. The states primarily are responsible for pursuing the cleanup of sites not listed on the NPL, with the federal role at these sites limited mainly to addressing emergency situations. CERCLA established a broad liability scheme that holds past and current owners and operators of facilities from which a release occurs financially responsible for cleanup costs, natural resource damages, and the costs of federal public health studies. At waste disposal sites, generators of the wastes and transporters of the wastes who selected the site for disposal also are liable under CERCLA. The liability of these “potentially responsible parties” (PRPs) has been interpreted by the courts to be strict, joint and several, and retroactive. At contaminated federal facilities, federal agencies are subject to liability under CERCLA as the owners and operators of those facilities on behalf of the United States. Federal agencies also may be liable in instances in which an agency generated or transported waste for disposal at a non-federal facility. CERCLA established the Hazardous Substance Superfund Trust Fund to pay for the cleanup of sites where the PRPs cannot be found or cannot pay. A combination of special taxes on industry and general taxpayer revenues originally financed the Superfund Trust Fund, but the authority to collect the industry taxes expired on December 31, 1995. Over time, Congress increased the contribution of general revenues to make up for the shortfall from the expired industry taxes. General revenues now provide most of the funding for the trust fund, but other monies continue to contribute some revenues (i.e., cost-recoveries from PRPs, fines and penalties for violations of cleanup requirements, and interest on the trust fund balance). The availability of these trust fund monies under the Superfund program is subject to appropriations by Congress. Private settlement funds deposited into site-specific Special Accounts within the Superfund Trust Fund also are available to EPA, but are not subject to discretionary appropriations. Considering the liability of the federal government at its own facilities, the cleanup of federal facilities is not funded with Superfund Trust Fund monies under the Superfund program, but with other federal monies appropriated to the agencies responsible for administering the facilities. However, EPA and the states remain responsible for overseeing and enforcing the implementation of CERCLA at federal facilities to ensure that applicable cleanup requirements are met.

Jun 14, 2012

Coast Guard Cutter Procurement: Background and Issues for Congress

This report looks at the cost of funding the Coast Guard's program of record's (POR) call for procuring eight National Security Cutters (NSCs), 25 Offshore Patrol Cutters (OPCs), and 58 Fast Response Cutters (FRCs) as replacements for 90 aging Coast Guard cutters and patrol craft. It also addresses issues for maintenance, future acquisition, and definitions of the types of cutters.

Jun 13, 2012

Alternative Fuel and Advanced Vehicle Technology Incentives: A Summary of Federal Programs

This report gives an overview of the federal incentives support the development and deployment of alternatives to conventional fuels and engines in transportation including tax deductions and credits for vehicle purchases and the installation of refueling systems; federal grants for conversion of older vehicles to newer technologies; mandates for the use of biofuels; and incentives for manufacturers to produce alternative fuel vehicles. It also addresses how these incentives relate to goals of reducing petroleum consumption and import dependence, improving environmental quality, expanding domestic manufacturing, and promoting agriculture and rural development.

Jun 12, 2012

The American Opportunity Tax Credit: Overview, Analysis, and Policy Options

This report gives an overview of the American Opportunity Tax Credit (AOTC)—enacted on a temporary basis by the American Recovery and Reinvestment Act and extended through the end of 2012 by the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010— which is a partially-refundable tax credit that provides financial assistance to taxpayers who are attending college, or whose children are attending college. There are a variety of policy options mentioned in the report regarding the AOTC, including extending the credit, extending a modified AOTC, or repealing the Hope and Lifetime Credits and extending a modified AOTC that includes provisions included in these credits.

Jun 11, 2012

Haiti Under President Martelly: Current Conditions and Congressional Concerns

This report gives an overview of the current government in Haiti and status of recovery efforts following the 2010 earthquake. The Haitian government and the international donor community are implementing a 10-year recovery plan focusing on territorial, economic, social, and institutional rebuilding. The main priorities for U.S. policy regarding Haiti are to strengthen fragile democratic processes, continue to improve security, and promote economic development. Other concerns include the cost and effectiveness of U.S. aid; protecting human rights; combating narcotics, arms, and human trafficking; and alleviating poverty. Congressional concerns include the pace and effectiveness of reconstruction; respect for human rights, particularly for women; counternarcotics efforts; and security issues.

Jun 6, 2012

Trade Reorganization: Overview and Issues for Congress

On January 13, 2012, President Obama asked Congress for authority to reorganize and consolidate into one department the business- and trade-related functions of six federal entities. U.S. policymakers' interest in the organizational structure of U.S. government trade functions has grown in recent years, stimulated by congressional and federal efforts to promote U.S. exports and employment, including through the National Export Initiative (NEI). Interest also has been stimulated by national debates on reducing federal spending and the size of the U.S. government. This report looks at the policy debate and role of Congress in such a move.

May 31, 2012

Cybercrime: Conceptual Issues for Congress and U.S. Law Enforcement

May 23, 2012

How FDA Approves Drugs and Regulates Their Safety and Effectiveness

May 18, 2012

FEMA's Community Disaster Loan Program: History, Analysis, and Issues for Congress

This report compares and analyzes three different categories of loans issued in different time periods in the program's history: "traditional" loans issued between 1974 and 2005, in 2007, and between 2009 and 2011 (TCDLs); "special" (SCDLs) loans issued in 2005-2006 following Hurricanes Katrina and Rita; and loans issued under unique provisions in 2008 (2008 CDLs).

May 10, 2012

Rural Broadband: The Roles of the Rural Utilities Service and the Universal Service Fund

This report discusses Rural Utilities Service (RUS) Broadband and Telecommunications Programs. Since the initial deployment of broadband in the late 1990s, Congress has viewed broadband infrastructure deployment as a means towards improving regional economic development, and in the long term, to create jobs.

May 9, 2012

Budget "Sequestration" and Selected Program Exemptions and Special Rules

"Sequestration" is a process of automatic, largely across-the-board spending reductions under which budgetary resources are permanently canceled to enforce certain budget policy goals. This report looks at the history and current status of sequestration at it relates to Congress. This includes how it is enacted and special rules that can apply.

Apr 27, 2012

The Violence Against Women Act: Overview, Legislation, and Federal Funding

Apr 24, 2012

VA Housing: Guaranteed Loans, Direct Loans, and Specially Adapted Housing Grants

This report discusses three types of housing assistance-the loan guaranty program, direct loan programs, and Specially Adapted Housing program-their origins, how they operate, and how they are funded. The report also has a section that discusses the default and foreclosure of VA-guaranteed loans.

Apr 24, 2012

Legislative Branch: FY2013 Appropriations

Apr 24, 2012

Reexamination of Agency Reporting Requirements: Annual Process Under the GPRA Modernization Act of 2010 (GPRAMA)

On January 4, 2011, the GPRA Modernization Act of 2010 (GPRAMA) became law. The acronym "GPRA" in the act's short title refers to the Government Performance and Results Act of 1993 (GPRA 1993), a law that GPRAMA substantially modified. Some of GPRAMA's provisions require agencies to produce plans and reports for a variety of audiences that focus on goal-setting and performance measurement. Other provisions, by contrast, establish an annual process to reexamine the usefulness of certain reporting requirements. The report concludes by looking potential issues for Congress in two categories.

Apr 18, 2012

Conservation Compliance and U.S. Farm Policy

Apr 2, 2012

The Strategic Petroleum Reserve: Authorization, Operation, and Drawdown Policy

This report looks at the history, purpose, and current status of the Strategic Petroleum Reserve.

Apr 2, 2012

Israel: Possible Military Strike Against Iran's Nuclear Facilities

Several published reports indicate that top Israeli decision makers now are seriously considering whether to order a military strike on Iran's nuclear facilities, and if so, when. This report analyzes key factors that may influence current Israeli political decisions relating to a possible strike on Iranian nuclear facilities. For Congress, the potential impact-short- and long-term-of an Israeli decision regarding Iran and its implementation is a critical issue of concern. By all accounts, such an attack could have considerable regional and global security, political, and economic repercussions, not least for the United States, Israel, and their bilateral relationship. This report has many aspects that are the subject of vigorous debate and remain fully or partially outside public knowledge.

Mar 27, 2012

Changes to the Government Performance and Results Act (GPRA): Overview of the New Framework of Products and Processes

On January 4, 2011, the GPRA Modernization Act of 2010 (GPRAMA) became law. The acronym “GPRA” in the act’s short title refers to the Government Performance and Results Act of 1993 (GPRA 1993), a law that GPRAMA substantially modified. When GPRA 1993 was enacted, it was regarded as a watershed for the federal government. For the first time, Congress established statutory requirements for most agencies to set goals, measure performance, and submit related plans and reports (hereafter, “products”) to Congress for its potential use. After a four-year phase-in period for GPRA 1993 and 13 years of the law’s full implementation, GPRAMA makes substantial changes. Among other things, GPRAMA continues three agency-level products from GPRA 1993, but with changes; establishes new products and processes that focus on goal-setting and performance measurement in policy areas that cut across agencies; brings attention to using goals and measures during policy implementation; increases reporting on the Internet; and requires individuals to be responsible for some goals and management tasks. In making these changes, GPRAMA aligns the timing of many products to coincide with presidential terms and budget proposals. The law also includes more central roles for the Office of Management and Budget (OMB), an entity that often seeks to advance the President’s policy preferences. GPRAMA also contains more specific requirements for consultations with Congress. By design, many of GPRAMA’s products are required to be submitted to Congress for scrutiny and potential use. The law also provides opportunities for Congress and non-federal stakeholders to influence how agencies and OMB set goals and assess performance. This report provides an overview of GPRAMA’s products and processes. In addition, the report highlights potential issues for Congress. Related questions that Congress might consider include the following: Are agencies’ and OMB’s consultations with Congress working well? Are agencies and OMB defining goals and assessing performance in ways that reflect underlying statutes and congressional intent? Are the representations that agencies and OMB make about government performance perceived by Congress, federal personnel, and the public as credible and useful? What are the implications of evidence that is presented? Are agencies and OMB implementing GPRAMA with desired levels of transparency and public participation? Are agencies, OMB, and Congress focusing effectively on crosscutting policy areas to better coordinate efforts and reduce any unnecessary duplication? Are agencies and OMB implementing GPRAMA in a responsive, effective manner? Is GPRAMA working well? If not, what might be done? This report will be updated as events warrant.

Feb 29, 2012

The Section 199 Production Activities Deduction: Background and Analysis

In 2004, Congress added the Section 199 domestic production activities deduction to the Internal Revenue Code (IRC). The deduction was intended to achieve a number of policy goals, including compensating for repeal of the extraterritorial income (ETI) export-subsidy provisions, supporting the domestic manufacturing sector, and reducing effective corporate tax rates. Under current law, qualified activities are eligible for a deduction equal to 9% of the lesser of taxable income derived from qualified production activities, or taxable income. Eligible income includes that derived from the production or property that was manufactured, produced, grown, or extracted within the United States. Electricity, natural gas, and potable water production is also eligible, as is film production. Domestic construction projects, as well as engineering and architectural services associated with such projects, also qualify. Overall, roughly one-third of corporate activity qualifies for the deduction. In 2008, 66% of corporate claims of the Section 199 deduction were attributable to the manufacturing sector. Another 12% of the value of corporate claims came from the information sector, while 7% were attributable to the mining sector. Other large sectors of the economy, such as finance and insurance as well as wholesale and retail trade, had few Section 199 claims, relative to their contribution towards economic activity. In practice, the Section 199 deduction reduces corporate tax rates for certain selected industries. Providing a tax break for certain industries can distort the allocation of capital in the economy, reducing economic efficiency and total economic output. Economic efficiency could be enhanced by repealing the Section 199 deduction and using the additional revenues to offset the cost of reducing corporate tax rates. Repealing the Section 199 deduction could allow for a revenue-neutral corporate tax rate reduction of an estimated 1.2 percentage points. For companies currently claiming the Section 199 deduction, repeal of the deduction in exchange for a reduced corporate tax rate could lead to increased effective tax rates. Under current law, activities eligible for the deduction receive a tax break equal to 3.15 percentage points. Further, the deduction can currently be claimed by pass through entities, including S corporations and partnerships, that would not benefit from a reduction in the corporate tax rate. Repeal of corporate tax expenditures, which could include the Section 199 deduction, has been part of the tax reform proposals put forth by the Fiscal Commission, Debt Reduction Task Force, and Gang of Six. The Obama Administration’s FY2013 Budget proposes to repeal the Section 199 deduction for oil and gas related income, using the added revenues to double the deduction for advanced technology manufacturing activities. The President’s framework for business tax reform also proposes modifications to the Section 199 deduction. Repeal of the Section 199 deduction for certain activities has been considered by the 112th Congress. The Senate voted not to advance legislation to repeal the Section 199 deduction for large oil and gas companies (S. 940). Repealing the Section 199 deduction for the oil and gas sector, or for certain firms in the sector, might help to eliminate tax-induced investment distortions caused by the deduction for those sectors. The deduction would continue to distort economic activity for sectors that are still eligible. Given the inefficiencies associated with the Section 199 deduction, repeal could be an economic efficiency enhancing component of a base-broadening, rate-reducing, corporate tax reform.

Feb 27, 2012

The Congressional Appropriations Process: An Introduction

Feb 23, 2012

Prosecution of Public Corruption: An Overview of Amendments Under H.R. 2572 and Title II of the STOCK Act

Feb 6, 2012

Border Security: Immigration Enforcement Between Ports of Entry

This report concludes by raising additional questions about future investments at the border, how to weigh such investments against other enforcement strategies, and the relationship between border enforcement and the broader debate about U.S. immigration policy.

Jan 6, 2012

Tax Rates and Economic Growth

Dec 5, 2011

Social Security Primer

Oct 4, 2011

International Monetary Fund: Background and Issues for Congress

This report evaluates the purpose, membership, financing, and focus of the International Monetary Fund's (IMF) activities. It also discusses the role of Congress in shaping U.S. policy at the IMF and concludes by addressing key issues, both legislative and oversight-related, that Congress may wish to consider, including: the role of the IMF as a lender of last resort; the adequacy of IMF resources; and the effectiveness of IMF surveillance.

Sep 19, 2011

Attempt: An Overview of Federal Criminal Law

Sep 13, 2011

Congressional Authority to Limit Military Operations

This report begins by discussing constitutional provisions allocating war powers between Congress and the President, and presenting a historical overview of relevant court cases. It considers Congress's constitutional authority to end a military conflict via legislative action. The report discusses Congress's ability to limit funding for U.S. participation in hostilities, examining relevant court cases and prior measures taken by Congress to restrict military operations, as well as possible alternative avenues to fund these activities in the event that appropriations are cut. The report then provides historical examples of measures that restrict the use of particular personnel, and concludes with a brief analysis of arguments that might be brought to bear on the question of Congress's authority to limit the availability of troops to serve in ongoing military operations.

Sep 8, 2011

Congressional Primer on Major Disasters and Emergencies

This report covers the role of the government in disaster management. While the disaster response and recovery process is fundamentally a relationship between the federal government and the requesting state government, there are roles for congressional offices to play in providing information to the federal/state response and recovery teams in their respective states and districts. Congressional offices also serve as a valuable source of accurate and timely information to their constituents.

Aug 31, 2011

Higher Education Tax Benefits: Brief Overview and Budgetary Effects

Aug 24, 2011

Freedom of Information Act (FOIA): Background and Policy Options for the 112th Congress

The Freedom of Information Act (FOIA; 5 U.S.C. §552) enables any person to access—without explanation or justification—certain existing, identifiable, unpublished, executive branch agency records. Pursuant to FOIA, the public has presumptive access to requested agency records unless the material falls within any of FOIA's nine categories of exemption from disclosure. This report discusses FOIA's history, examines its implementation, and provides potential policy approaches for Congress.

Jul 26, 2011

Mail and Wire Fraud: A Brief Overview of Federal Criminal Law

This report discusses ways in which mail and wire fraud can be federal crimes and penalties for conducting such crimes. It is a federal crime to devise a scheme to defraud another of property, when either mail or wire communications are used in furtherance of the scheme. Misconduct that constitutes mail or wire fraud may also constitute a violation of one or more other federal crimes.

Jul 21, 2011

The Interplay of Borders, Turf, Cyberspace, and Jurisdiction: Issues Confronting U.S. Law Enforcement

This report looks at issues for Congress, such as how legislative and oversight roles can bolster U.S. law enforcement's abilities to confront modern-day crime, including operations in cyberspace. It also examines whether federal law enforcement is utilizing existing mechanisms to effectively coordinate investigations and share information.

Jul 19, 2011

The U.S. Export Control System and the President's Reform Initiative

This report looks at how the 112th Congress may consider reforms of the U.S. export control system.

Jul 14, 2011

Regulation of Debit Interchange Fees

Although the United States has seen continued growth of noncash or electronic payments, debit card transactions outpaced credit card transactions and other forms of payments in 2009. When a consumer uses a debit card in a transaction, the merchant pays a “swipe” fee, which is also known as the interchange fee. The interchange fee is paid to the card-issuing bank (the consumer’s bank that issued the debit card), and the fee covers the bank’s costs to facilitate the transaction. Section 920 of the Dodd Frank Act, also known as the Durbin Amendment, authorizes the Federal Reserve Board to prescribe regulations to ensure that the amount of any interchange transaction fee received by a debit card issuer is reasonable and proportional to the cost incurred by the issuer. The Federal Reserve may consider the authorization, clearance, and settlement costs of each transaction when it sets the interchange fee. The Durbin Amendment allows the interchange fee to be adjusted for costs incurred by debit card issuers to prevent fraud, but the Federal Reserve is prohibited from considering other costs associated with the transaction. Debit card issuers with less than $10 billion in assets would be exempt from the regulation, which means that smaller financial institutions may receive a larger interchange fee than larger issuers. The legislation also prohibits network providers (e.g., Visa and MasterCard) and debit card issuers from imposing restrictions that would override a merchant’s choice of the network provider through which to route transactions. On June 29, 2011, the Federal Reserve issued a final rule to implement the Durbin Amendment, which includes a cap on the interchange fee for large issuers. The rule is scheduled to go into effect on October 1, 2011. Merchants that currently pay fees above the regulated interchange fee would likely benefit from the Durbin Amendment; large debit card issuers that would lose revenue under the regulated cap would be opposed. Many small debit card issuers that are exempt from the rule, however, are also opposed to the Durbin Amendment given concerns that a two-tiered interchange pricing system may not be sustainable over time. Legislation proposed in the 112th Congress, S. 575, the Debit Interchange Fee Study Act of 2011 (Senator Jon Tester), and H.R. 1081, the Consumers Payment System Protection Act (Representative Shelley Moore Capito), would delay implementation of the Durbin Amendment and require a study of the impact of this legislation on small issuers. On June 8, 2011, S.Amdt. 392 (Senator Jon Tester) to S. 782 was considered, but not agreed to, in the Senate by a 54-45 vote. This amendment would also have delayed implementation of the Durbin Amendment and required a study. This report begins with a description of the debit payments process and network pricing. Possible effects of the Durbin Amendment on the banking system are then discussed in light of comments by Federal Reserve Board Chairman Ben Bernanke. Given that banks have increasingly relied upon non-interest or fee income during the past two decades, the decline in overall bank operating income may be material; smaller banks may be disproportionately affected because a large share of their fee income is generated through checking and savings deposits-related services. Technological developments by network providers, however, could reduce the revenues generated from this line of business for large and small banks even in the absence of the Durbin Amendment.

Jul 12, 2011

Multiyear Procurement (MYP) and Block Buy Contracting in Defense Acquisition: Background and Issues for Congress

This report provides background information and issues for Congress on multiyear procurement (MYP) and block buy contracting (BBC), which are special contracting mechanisms that Congress permits the Department of Defense (DOD) to use for a limited number of defense acquisition programs. Potential issues for Congress concerning MYP and BBC include whether to use MYP and BBC in the future more frequently, less frequently, or about as frequently as they are currently used, and whether to create a permanent statute to govern the use of BBC, analogous to the permanent statute (10 U.S.C. 2306b) that governs the use of MYP.

Jul 11, 2011

International Climate Change Financing: The Green Climate Fund (GCF)

The United Nations Framework Convention on Climate Change (UNFCCC, Treaty Number: 102-38, 1992), the Copenhagen Accord (2009), and the UNFCCC Cancun Agreements (2010), wherein the higher-income countries pledged jointly up to $30 billion of "fast start" climate financing for lower-income countries for the period 2010-2012, and a goal of mobilizing jointly $100 billion annually by 2020. The Cancun Agreements also proposed that the pledged funds are to be new, additional to previous flows, adequate, predictable, and sustained, and are to come from a wide variety of sources, both public and private, bilateral and multilateral, including alternative sources of finance.

Jun 23, 2011

Legislative Branch: FY2012 Appropriations

This report gives an overview of the status of FY2012 appropriations and funding issues for the Senate, House of Representatives, and support agencies.

Jun 15, 2011

The Global Climate Change Initiative (GCCI): Budget Authority and Request, FY2008-FY2012

Jun 1, 2011

Osama bin Laden’s Death: Implications and Considerations

The May 1, 2011, killing of Osama bin Laden (OBL) by U.S. forces in Pakistan has led to a range of views about near- and long-term security and foreign policy implications for the United States. Experts have a range of views about the killing of OBL. Some consider his death to be a largely symbolic event, while others believe it marks a significant achievement in U.S. counterterrorism efforts. Individuals suggesting that his death lacks great significance argue that U.S. and allied actions had eroded OBL’s ability to provide direction and support to Al Qaeda (AQ). For these analysts, OBL’s influence declined following the U.S. invasion of Afghanistan to a point where prior to his death he was the figurehead of an ideological movement. This argument reasons that a shift of terrorist capability has occurred away from the core of AQ to affiliated organizations. Still others argue that OBL pursued a strategy of developing the AQ organization into an ideological movement thus making it more difficult to defeat. They contend that, even if OBL were no longer involved in the decision-making apparatus of AQ, his role as the inspirational leader of the organization was far more important than any operational advice he might offer. As such, his death may not negatively affect the actions of the ideological adherents of AQ and as a martyr he may attract and inspire a greater number of followers. Individuals suggesting that his death is a major turning point in U.S. counterterrorism efforts contend that OBL remained an active participant in setting a direction for the strategy and operations of AQ and its affiliates. In addition to disrupting AQ’s organizational activities some believe his death may serve as a defining moment for the post 9/11 global counterterrorism campaign as current and potential terrorists, other governments, and entities that wish to threaten U.S. interests will take note of the U.S. success in achieving a long-held security goal. The death of OBL may have near- and long-term implications for AQ and U.S. security strategies and policies. The degree to which OBL’s death will affect AQ and how the U.S. responds to this event may shape the future of many U.S. national security activities. Implications and possible considerations for Congress related to the U.S. killing of OBL in Pakistan are addressed in this report. As applicable, questions related to the incident and U.S. policy implications are also offered. They address: Implications for AQ (core, global affiliates, and unaffiliated adherents) Congressional notification Legal considerations National security considerations and implications for the homeland Military considerations Implications for Pakistan and Afghanistan Implications for U.S. security interests and foreign policy considerations The death of OBL is a multifaceted topic with information emerging frequently that adds perspective and context to many of the issues discussed in this report. This report is based on open-source information and will be updated as necessary.

May 5, 2011

Background and Issues for Congressional Oversight of ARRA Broadband Awards

This report examines federal funding through the American Recovery and Reinvestment Act (ARRA) for broadband projects across the nation. These projects are intended to expand broadband availability and adoption in unserved and underserved areas, which in turn is believed to contribute to increased future economic development in those areas.

Apr 19, 2011

Battery Manufacturing for Hybrid and Electric Vehicles: Policy Issues

This report examines the nascent battery manufacturing industry and considers efforts to strengthen U.S. capacity to manufacture batteries and battery components for hybrid and electric vehicles. It addresses the concern about an electric vehicle supply chain in the United States since manufacturers have brought hybrid, plug-in hybrid, and fully-electric vehicles to market.

Mar 22, 2011

Empowerment Zones, Enterprise Communities, and Renewal Communities: Comparative Overview and Analysis

Empowerment Zones (EZs), Enterprise Communities (ECs), and Renewal Communities (RCs) are federally designated geographic areas characterized by high levels of poverty and economic distress, where businesses and local governments may be eligible to receive federal grants and tax incentives. Congress remains interested in these programs to revitalize selected areas affected by unemployment and a decline in economic activity, despite increased concern over the size and sustainability of the long-term budget outlook. The objective of this report is to provide a comparative overview of the similarities and differences between the EZ, EC, and RC programs, and a review of congressional policy choices to target and provide federal incentives to economically distressed zones. The report also examines studies that have evaluated the impact of EZs, ECs, and RCs, and provides information on their current status. Finally, the report discusses recent legislative activity and congressional issues and options. Since 1993, Congress has authorized three rounds of EZs (1993, 1997, 1999), two rounds of ECs (1993, 1997), and one round of RCs (2000) with the objective of revitalizing selected economically distressed communities. The three programs have different benefits and eligibility criteria. For example, the nine initial EZs each received tax incentives and grants of $100 million (urban) and $40 million (rural), whereas the 95 initial ECs each received tax benefits and smaller grants of $2.95 million for smaller urban counties and rural communities. RCs did not receive grants, but benefitted from wage credits, and tax investment incentives. Eligibility varied depending on levels of population, unemployment, and poverty. In its FY2010 and FY2011 budgets, the Administration requested that Congress extend tax incentives for EZs and RCs until December 31, 2010 and 2011. EZ and RC tax incentives were extended in the Emergency Economic Stabilization Act of 2008 (P.L. 110-343), through December 31, 2009. Currently, the estimated $1.8 billion in grant incentives provided to EZs and ECs since 1993 have mostly been expended. The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (P.L. 111-312) enacted on December 17, 2010, extended EZ tax benefits, but not RCs, until the end of 2011. In addition, legislation such as the American Recovery and Reinvestment Act of 2009 (P.L. 111-5) provided broadband education, training, and equipment for selected facilities located within EZs and ECs, and recovery zone bonds for EZs. In 2009, P.L. 111-8 and P.L. 111-80 provided $3 million in funding for EZs and ECs. While a short-term extension of EZ tax incentives was enacted in the 111th Congress, a similar extension of the RC tax incentives might continue to be an issue in the 112th Congress. A number of studies have evaluated the effectiveness of the EZ, EC, and RC programs. Several government-sponsored studies have failed to link EZ and EC designation with a general improvement in community outcomes. In addition, several academic researchers have evaluated the effectiveness of zone incentives. Overall, these studies have found modest, if any, effects, and call into question the cost-effectiveness of these programs. There are several options that Congress can consider regarding the EZ, EC, and RC programs. These options may range from permanently extending the programs to allowing them to expire. Other options include a temporary extension, increased oversight, a redesignation of economic development zones, program consolidation, or a combination of these options. This report will be updated as legislative developments warrant.

Feb 14, 2011

Legislative Branch: FY2011 Appropriations

This report discusses budgetary issues of the legislative branch of the U.S. government during Fiscal Year 2011.

Feb 11, 2011

ARRA Section 1603 Grants in Lieu of Tax Credits for Renewable Energy: Overview, Analysis, and Policy Options

Feb 8, 2011

Troubled Asset Relief Program (TARP): Implementation and Status

The Troubled Asset Relief Program (TARP) was created by the Emergency Economic Stabilization Act (EESA) enacted on October 3, 2008 to address the ongoing financial crisis. This report provides a brief outline of the programs created under TARP, recent changes made by Congress, and a summary of the current status and estimated costs of the program. It also provides an Appendix that contains detailed discussions of the individual TARP programs.

Jan 31, 2011

Inland Waterways: Recent Proposals and Issues For Congress

This brief discusses the major issues for Congress which include whether to increase inland waterway funding in the future (and by what amount); the appropriate type of revenue stream (e.g., fuel taxes or lockage fees) for the user-required portion of these projects; division of the cost-share responsibilities between the federal government and commercial users (e.g., 50/50 or some other division); and whether to initiate process-based recommendations that some argue will improve the delivery and efficiency of Corps-led IWTF projects.

Jan 20, 2011

SBA Small Business Investment Company Program

Jan 10, 2011

A Brief Overview of Rulemaking and Judicial Review

Jan 4, 2011

Transportation Spending Under an Earmark Ban

Jan 3, 2011