States

Credit Rating Agencies: Alternative Compensation Models for Nationally Recognized Statistical Rating Organizations (open access)

Credit Rating Agencies: Alternative Compensation Models for Nationally Recognized Statistical Rating Organizations

A letter report issued by the Government Accountability Office with an abstract that begins "As of January 2012, GAO identified seven alternative models for compensating NRSROs (see table below). These models generally were designed to address the conflict of interest in the issuer-pays model, better align the NRSROs’ interest with users of ratings, or improve incentives NRSROs have to produce reliable and high-quality ratings. However, the amount of detail currently available for each model varies and none has been implemented. According to some of the authors of the models, there is little incentive to continue developing these models because it appears unlikely they will receive attention from regulators or legislators. For example, these authors noted that SEC had not reached out to them to further discuss these models as part of its ongoing study of alternative compensation models for credit rating agencies."
Date: January 18, 2012
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Dodd-Frank Act: Hybrid Capital Instruments and Small Institution Access to Capital (open access)

Dodd-Frank Act: Hybrid Capital Instruments and Small Institution Access to Capital

A letter report issued by the Government Accountability Office with an abstract that begins "Tier 1 hybrid capital instruments, particularly trust preferred securities, have been heavily used by bank holding companies because of their financial advantages, but they are not as effective in absorbing losses as traditional forms of Tier 1 capital, such as common equity. As of December 31, 2010, almost two-thirds of all top-level bank holding companies that were subject to capital requirements included hybrid instruments in their Tier 1 capital, for a total value of $157 billion. Hybrid instruments such as trust preferred securities have offered institutions the benefit of lower-cost capital, largely because of their debt-related features—including tax-deductible dividends. These instruments also are accessible to a broader range of potential investors. However, trust preferred securities do not absorb losses like other Tier 1 instruments because of their obligation to repay principal and dividends. Trust preferred securities may provide limited financial flexibility in times of stress, but they may also hinder efforts to recapitalize troubled banking institutions."
Date: January 18, 2012
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Elementary and Secondary Education Act Reauthorization: Data Options for the English Language Acquisition State Grants Formula (Title III-A) (open access)

Elementary and Secondary Education Act Reauthorization: Data Options for the English Language Acquisition State Grants Formula (Title III-A)

Congressional Research Service (CRS) report entailing information about data options for the English Language Acquisition State Grants Formula (Title III-A) in regards to the Elementary and Secondary Education Act. Topics include, additional LEP data considerations, census data, a description of allocations etc..
Date: January 18, 2012
Creator: Dortch, Cassandria
Object Type: Report
System: The UNT Digital Library
Health-Related Revenue Provisions in the Patient Protection and Affordable Care Act (ACA) (open access)

Health-Related Revenue Provisions in the Patient Protection and Affordable Care Act (ACA)

This report summarizes the health-related revenue provisions in ACA, their effective dates, and, where data are available, potential impacts of these provisions.
Date: January 18, 2012
Creator: Mulvey, Janemarie
Object Type: Report
System: The UNT Digital Library
Medicare: Use of Preventive Services Could Be Better Aligned with Clinical Recommendations (open access)

Medicare: Use of Preventive Services Could Be Better Aligned with Clinical Recommendations

A letter report issued by the Government Accountability Office with an abstract that begins "Use of some preventive services--cardiovascular disease screening and cervical cancer screening--by FFS beneficiaries generally aligned with clinical recommendations, but use of other cancer screenings for certain age groups, osteoporosis screening, and immunizations did not. In particular, among women aged 65 to 74, for whom breast cancer screening is recommended biannually by the Task Force, only two out of three received a mammogram in 2008 or 2009. Among beneficiaries aged 65 to 75, about one out of four received any of the Task Force recommended regimens for colorectal cancer screening from 2005 through 2009. Among men aged 75 or older, about two out of five received a Prostate-Specific Antigen test for prostate cancer--a test that required no cost sharing--from 2006 through 2009 even though the Task Force recommended against this service for that age group. Use of osteoporosis screening--for which Medicare coverage is limited--and influenza and pneumococcal immunizations was generally lower than recommended by the Task Force or ACIP. The Department of Health and Human Services has the authority to modify coverage of Medicare preventive services--such as osteoporosis screening--consistent with Task Force recommendations."
Date: January 18, 2012
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Real Estate Appraisals: Appraisal Subcommittee Needs to Improve Monitoring Procedures (open access)

Real Estate Appraisals: Appraisal Subcommittee Needs to Improve Monitoring Procedures

A letter report issued by the Government Accountability Office with an abstract that begins "The Appraisal Subcommittee (ASC) has been performing its monitoring role under Title XI, but several weaknesses have potentially limited its effectiveness. For example, Title XI did not originally provide ASC rulemaking and enforcement tools that could be useful in promoting state compliance. In addition, ASC has not reported or clearly defined the criteria it uses to assess states’ overall compliance levels. Title XI charges ASC with monitoring the appraisal requirements of the federal financial institutions regulators, but ASC has not defined the scope of this function—for example, by developing policies and procedures—and its monitoring activities have been limited. ASC also lacks specific policies for determining whether activities of the Appraisal Foundation (a private nonprofit organization that sets criteria for appraisals and appraisers) that are funded by ASC grants are Title XI-related. Not having appropriate policies and procedures is inconsistent with federal internal control standards designed to promote effectiveness and efficiency and limits the accountability and transparency of ASC’s activities."
Date: January 18, 2012
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Superfund: Status of EPA's Efforts to Improve Its Management and Oversight of Special Accounts (open access)

Superfund: Status of EPA's Efforts to Improve Its Management and Oversight of Special Accounts

A letter report issued by the Government Accountability Office with an abstract that begins ""
Date: January 18, 2012
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Air Emissions and Electricity Generation at U.S. Power Plants (open access)

Air Emissions and Electricity Generation at U.S. Power Plants

Correspondence issued by the Government Accountability Office with an abstract that begins "Older electricity generating units—those that began operating in or before 1978—provided 45 percent of electricity from fossil fuel units in 2010 but produced a disproportionate share of emissions, both in aggregate and per unit of electricity generated. Overall, in 2010 older units contributed 75 percent of sulfur dioxide emissions, 64 percent of nitrogen oxides emissions, and 54 percent of carbon dioxide emissions from fossil fuel units. For each unit of electricity generated, older units collectively emitted about 3.6 times as much sulfur dioxide, 2.1 times as much nitrogen oxides, and 1.3 times as much carbon dioxide as newer units. The difference in emissions between older units and their newer counterparts may be attributed to a number of factors. First, 93 percent of the electricity produced by older fossil fuel units in 2010 was generated by coal-fired units. Compared with natural gas units, coal-fired units produced over 90 times as much sulfur dioxide, twice as much carbon dioxide and over five times as much nitrogen oxides per unit of electricity, largely because coal contains more sulfur and carbon than natural gas. Second, fewer older units have installed emissions controls, …
Date: April 18, 2012
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Department of Energy: Budget Trends and Oversight (open access)

Department of Energy: Budget Trends and Oversight

Testimony issued by the Government Accountability Office with an abstract that begins "Recent GAO work found that funding increases have expanded or created Department of Energy (DOE) programs with varying results. For example:"
Date: April 18, 2012
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
DOD Financial Management: Challenges in Attaining Audit Readiness and Improving Business Processes and Systems (open access)

DOD Financial Management: Challenges in Attaining Audit Readiness and Improving Business Processes and Systems

Testimony issued by the Government Accountability Office with an abstract that begins "GAO’s recent work highlights the types of challenges facing the Department of Defense (DOD) as it strives to attain audit readiness and reengineer its business processes and systems. The urgency in addressing these challenges has been increased by the goals of an auditable DOD Statement of Budgetary Resources (SBR) by the end of fiscal year 2014 and a complete set of auditable financial statements by the end of fiscal year 2017. For example, GAO’s 2011 reporting highlights difficulties the DOD components experienced in attempting to achieve an auditable SBR. These include:"
Date: April 18, 2012
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Economic Growth and the Unemployment Rate (open access)

Economic Growth and the Unemployment Rate

Issues concerning and which can be influenced by Congress regarding unemployment rates.
Date: April 18, 2012
Creator: Levine, Linda
Object Type: Report
System: The UNT Digital Library
Farm Safety Net Proposals in the 112th Congress (open access)

Farm Safety Net Proposals in the 112th Congress

None
Date: April 18, 2012
Creator: Shields, Dennis A. & Schnepf, Randy
Object Type: Report
System: The UNT Digital Library
Food and Drug Administration: Employee Performance Standards for the Timely Review of Medical Product Applications (open access)

Food and Drug Administration: Employee Performance Standards for the Timely Review of Medical Product Applications

Correspondence issued by the Government Accountability Office with an abstract that begins "Employee Performance Standards for the Timely Review of Medical Product Applications:"
Date: April 18, 2012
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Reexamination of Agency Reporting Requirements: Annual Process Under the GPRA Modernization Act of 2010 (GPRAMA) (open access)

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.
Date: April 18, 2012
Creator: Brass, Clinton T.
Object Type: Report
System: The UNT Digital Library
Tobacco Taxes: Large Disparities in Rates for Smoking Products Trigger Significant Market Shifts to Avoid Higher Taxes (open access)

Tobacco Taxes: Large Disparities in Rates for Smoking Products Trigger Significant Market Shifts to Avoid Higher Taxes

A letter report issued by the Government Accountability Office with an abstract that begins "Large federal excise tax disparities among tobacco products, which resulted from the Children’s Health Insurance Program Reauthorization Act (CHIPRA) of 2009, created opportunities for tax avoidance and led to significant market shifts by manufacturers and price sensitive consumers toward the lower-taxed products. Monthly sales of pipe tobacco increased from approximately 240,000 pounds in January 2009 to over 3 million pounds in September 2011, while roll-your-own tobacco dropped from about 2 million pounds to 315,000 pounds. For the same months, large cigar sales increased from 411 million to over 1 billion cigars, while small cigars dropped from about 430 million to 60 million cigars. According to government, industry, and nongovernmental organization representatives, many roll-your-own tobacco and small cigar manufacturers shifted to the lower-taxed products after CHIPRA to avoid paying higher taxes."
Date: April 18, 2012
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Tribal Criminal Jurisdiction over Non-Indians in the Violence Against Women Act (VAWA) Reauthorization and the SAVE Native Women Act (open access)

Tribal Criminal Jurisdiction over Non-Indians in the Violence Against Women Act (VAWA) Reauthorization and the SAVE Native Women Act

A report looking at incidences of violence against women of American Indian ethnicity in relation to legal jurisdiction. American Indians experience violent crimes at a rate much higher than the general population. This trend carries over to domestic violence: American Indian women experience domestic and dating violence at more than twice the rate of non-Indian women. Most of this violence involves an offender of a different race. This fact creates a jurisdictional problem because tribal courts do not have criminal jurisdiction over crimes committed within the tribe's jurisdiction by non-Indians.
Date: April 18, 2012
Creator: Smith, Jane M. & Thompson, Richard M., II
Object Type: Report
System: The UNT Digital Library
The 3.8% Medicare Contribution Tax on Unearned Income, Including Real Estate Transactions (open access)

The 3.8% Medicare Contribution Tax on Unearned Income, Including Real Estate Transactions

This reports summarizes a 3.8% Medicare contribution tax on unearned income and provides examples of how it is applied.
Date: May 18, 2012
Creator: Keightley, Mark P.
Object Type: Report
System: The UNT Digital Library
Federal Taxation of Aliens Working in the United States (open access)

Federal Taxation of Aliens Working in the United States

This report outlines issues regarding the taxation of aliens since several pieces of current legislation have been introduced that would impose restrictions for claiming child tax credits or for claiming credits and refunds. The report includes an overview of immigration status, resident or nonresident aliens, taxation of income for various classifications, and Social Security and medicare taxes.
Date: May 18, 2012
Creator: Lunder, Erika K.
Object Type: Report
System: The UNT Digital Library
Higher Education: Improved Tax Information Could Help Families Pay for College (open access)

Higher Education: Improved Tax Information Could Help Families Pay for College

A letter report issued by the Government Accountability Office with an abstract that begins "Multiple Title IV programs and tax expenditures provided substantial aid to populations across income levels. In 2009, 12.8 million students received Title IV aid, and approximately 18-million tax filers claimed a higher education tax benefit for current expenses. Recent increases in both programs from 2008 to 2009 may be because of enrollment increases and legislative actions, among other factors. Title IV grants tend to benefit students and families with incomes below the national median (about $52,000 from 2006–2010), while loans and work-study serve these students and those with family incomes above the median. Most tax benefits from the tuition and fees deduction and the parental exemption for dependent students went to households with incomes above $60,000, whereas the majority of benefits from the other higher education tax expenditures in GAO’s review—such as the American opportunity credit—went to households with lower incomes."
Date: May 18, 2012
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
How FDA Approves Drugs and Regulates Their Safety and Effectiveness (open access)

How FDA Approves Drugs and Regulates Their Safety and Effectiveness

This report describes how drugs are approved and come to market, including FDA's role in that process.
Date: May 18, 2012
Creator: Thaul, Susan
Object Type: Report
System: The UNT Digital Library
Texas Attorney General Opinion: GA-0931 (open access)

Texas Attorney General Opinion: GA-0931

Document issued by the Office of the Attorney General of Texas in Austin, Texas, providing an interpretation of Texas law. It provides the opinion of the Texas Attorney General, Greg Abbott, regarding a legal question submitted for clarification; Authority of Comptroller of Public Accounts to commit the expenditure of funds from the Major Events Trust Fund(RQ-1019-GA).
Date: May 18, 2012
Creator: Texas. Attorney-General's Office.
Object Type: Text
System: The Portal to Texas History
Texas Attorney General Opinion: GA-0932 (open access)

Texas Attorney General Opinion: GA-0932

Document issued by the Office of the Attorney General of Texas in Austin, Texas, providing an interpretation of Texas law. It provides the opinion of the Texas Attorney General, Greg Abbott, regarding a legal question submitted for clarification; Whether section 1102.114 of the Texas Occupations Code, which requires licensed real estate inspectors to carry liability insurance, would be effective if no such coverage were available (RQ-1015-GA)
Date: May 18, 2012
Creator: Texas. Attorney-General's Office.
Object Type: Text
System: The Portal to Texas History
Texas Attorney General Opinion: GA-0933 (open access)

Texas Attorney General Opinion: GA-0933

Document issued by the Office of the Attorney General of Texas in Austin, Texas, providing an interpretation of Texas law. It provides the opinion of the Texas Attorney General, Greg Abbott, regarding a legal question submitted for clarification; Whether a constable who was convicted of a felony but whose conviction was finalized only after he was reelected to a new term automatically vacates his office (RQ-1016-GA)
Date: May 18, 2012
Creator: Texas. Attorney-General's Office.
Object Type: Text
System: The Portal to Texas History
Texas Attorney General Opinion: GA-0934 (open access)

Texas Attorney General Opinion: GA-0934

Document issued by the Office of the Attorney General of Texas in Austin, Texas, providing an interpretation of Texas law. It provides the opinion of the Texas Attorney General, Greg Abbott, regarding a legal question submitted for clarification; Whether recreational off-highway vehicles and all-terrain vehicles may be legally operated on a public beach and whether a county is authorized to establish a system for registering such vehicles with the county for operation on a beach (RQ-1017-GA)
Date: May 18, 2012
Creator: Texas. Attorney-General's Office.
Object Type: Text
System: The Portal to Texas History