Sec. 1. Short title; table of contents

322 words·~1 min read·/bill/114/hr/5106/ih/section-1

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

This Act may be cited as the . In the Red Act of 2016 The table of contents for this Act is as follows: Sec. 1. Short title; table of contents. Title I—America's college promise Sec. 101. State and Indian tribe grants for community college. Sec. 102. Pathways to student success. Title II—Student loan refinancing Sec. 201. Refinancing programs. Title III—Federal Pell Grant protection Sec. 301. Federal Pell Grant protection. Sec. 302. Point of order against cutting Federal Pell Grants.

Sec. 303. Affirming that Federal Pell Grants are a foundational investment in affordable higher education. Title IV—Accountability Sec. 401. Supporting efforts to ensure that institutions of higher education are accountable for ensuring the high value of degrees and credentials. Title V—Offsets Sec. 501. Amendment of 1986 Code. Sec. 502. Fair share tax on high-income taxpayers. Sec. 503. Expansion of denial of deduction for certain excessive employee remuneration. Sec. 504. Partnership interests transferred in connection with performance of services.

Sec. 505. Special rules for partners providing investment management services to partnerships. Sec. 506. Consistent treatment of stock options by corporations. Sec. 507. Application of executive pay deduction limit. Sec. 508. Modifications to rules relating to inverted corporations. Sec. 509. Modifications of foreign tax credit rules applicable to major integrated oil companies which are dual capacity taxpayers. Sec. 510. Limitation on section 199 deduction attributable to oil, natural gas, or primary products thereof.

Sec. 511. Limitation on deduction for intangible drilling and development costs; amortization of disallowed amounts. Sec. 512. Limitation on percentage depletion allowance for oil and gas wells. Sec. 513. Limitation on deduction for tertiary injectants. Sec. 514. Modification of definition of major integrated oil company. Sec. 515. Repeal of outer Continental Shelf deep water and deep gas royalty relief. Sec. 516. Coordination of American Opportunity Credit and Lifetime Learning Credit with Pell Grants not used for qualified tuition and related expenses.

Sec. 517. Expansion of Pell Grant exclusion from gross income.