H.J.Res. 56 (111th): Corporate Estimated Tax Shift Act of 2009

Introduced:
Jun 04, 2009 (111th Congress, 2009–2010)
Sponsor:
Rep. Joseph Crowley [D-NY7]
Status:
Signed by the President
Slip Law:
This bill became Pub.L. 111-42.

The resolution’s title was written by the resolution’s sponsor. H.J.Res. stands for House joint resolution.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


7/28/2009--Public Law. (This measure has not been amended since it was passed by the House on July 21, 2009. The summary of that version is repeated here.)
Title I - Approving the Renewal of Import Restrictions Contained in the Burmese Freedom and Democracy Act of 2003
Section 101 -
Amends the Burmese Freedom and Democracy Act of 2003 to renew, for three years, the President's authority to ban the import of Burmese products.
Section 102 -
Approves the renewal of certain import restrictions contained in the Act. Deems this resolution a renewal resolution.
Section 103 -
Amends the Consolidated Omnibus Budget Reconciliation Act of 1985 to extend from January 31, 2018, through February 7, 2018, certain customs fees for the processing of merchandise entered into the United States.
Section 104 -
States that this resolution shall take effect upon its enactment or July 26, 2009, whichever occurs first.
Title II - Time for Payment of Corporate Estimated Taxes
Corporate Estimated Tax Shift Act of 2009 -
Section 202 -
Makes inapplicable to any installment of corporate estimated tax otherwise due after December 31, 2009, the percentages of estimated tax liability of corporations with at least $1 billion in assets required by the Tax Increase Prevention and Reconciliation Act of 2005 for the third quarters of 2010 through 2013. Increases the estimated tax payments of such corporations in the third quarter of 2014 by .25%, and reduces the fourth quarter installment to reflect such increase.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


This summary can be found at http://www.gop.gov/bill/111/1/hjres56.

Background

The Burmese Freedom and Democracy Act of 2003 was enacted in response to human rights abuses and anti-democratic activities of the military regime ruling in Burma. The Act prohibited the importation of any article produced, mined, manufactured, grown, or assembled in Burma. The sanctions may be lifted if the President certifies to Congress that a series of conditions inside Burma have been met-including substantial and measurable progress to end human rights violations.

According to a State Department report, in 2008 "The regime [in Burma] continued to abridge the right of citizens to change their government and committed other severe human rights abuses. Government security forces allowed custodial deaths to occur and committed other extrajudicial killings, disappearances, rape, and torture. The government detained civic activists indefinitely and without charges. In addition regime-sponsored mass-member organizations engaged in harassment, abuse, and detention of human rights and prodemocracy activists."

Before the sanctions entered into force, trade between the United States and Burma totaled $283 million. Almost all of this trade was imports from Burma, primarily garments and other textile goods.

 

Summary

H.J.Res. 56 resolves that Congress approves the renewal of the import restrictions contained in the Burmese Freedom and Democracy Act of 2003 for one year. The Burmese Freedom and Democracy Act of 2003 prohibits the importation of any article that is a product of Burma and is scheduled to expire on July 26, 2009.

House Democratic Caucus Summary

The House Democratic Caucus does not provide summaries of bills.

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The bill contains the following citations to other parts of U.S. law:

Slip Laws

Slip laws refer to enacted bills and joint resolutions in their original form as enacted by Congress, that is, before other laws amend them. Slip laws are cited as “Public Law XXX-YYY”, where XXX is the number of the Congress in which the bill or resolution was introduced.

  • Public Law 108-61

United States Code

The United States Code is the compilation of permanent laws enacted by Congress. Temporary and other non-permanent laws do not appear in the United States Code. (About half of the United States Code is the law itself, called positive law. The other half is merely a compilation of the laws but has no legal significance.)