(Adds URL for entire bill in final paragraph; adds web site for
tracking projects in paragraph 3)

Jan 15 (Reuters) - Democratic leaders in the U.S. House of
Representatives proposed an $825 billion economic stimulus package
on Thursday, with $550 billion in spending to create jobs and $275
billion in tax cuts.

The legislation is expected to be discussed by two House
committees as early as this week with the aim of sending a final
bill to the White House by mid-February.

The Democrats' bill would create a website, www.recovery.gov,
to track spending projects and a seven-member board to oversee the
management of them.

Other highlights include:

TAX CUTS

* Expand so-called net operation loss carryback period to five
years from the current two years. The change would let banks, home
builders and other companies accelerate the use of allowable
deductions. The tax break would not be allowed for banks that
received taxpayer money from the Treasury Department's Troubled
Asset Relief Program (TARP).

* Speed up depreciation deductions for businesses investing in
new plants and equipment.

* Nearly double the amount small businesses can immediately
write off on taxes for capital investments and new equipment.

* Give businesses tax credit to hire veterans, youths.

HIGHWAYS, RAIL, TRANSPORTATION

* $30 billion for highway construction.

* $19 billion for clean water, flood control, and
environmental restoration investments.

* $10 billion for transit, rail to cut traffic congestion and
gas consumption.

* $6 billion to buy buses, equipment for public transit.

* $3 billion for airport improvement projects to improve
safety and reduce congestion.

* $1.1 billion to improve speed, capacity of intercity
passenger rail service.

* $2 billion to modernize existing transit systems.

* $1 billion for grants for new commuter rail projects.

STATES, EDUCATION

* $79 billion in state fiscal relief to prevent cuts to key
services.

* $39 billion to school districts, public colleges,
universities via existing state and federal formulas.

* $26 billion to build new K-12 schools and for higher
education construction.

* $15.6 billion to increase Pell grants for college students.

* $6 billion for higher education modernization.

ENERGY

* $31 billion to modernize federal, other public
infrastructure with investments for long-term energy savings.

* $11 billion for research and development, pilot projects,
and federal matching funds to modernize electricity grid.

* $8 billion for loans for renewable energy power generation
and transmission projects.

* $6.9 billion for state, local governments to improve energy
efficiency.

* $6.7 billion for renovations, repairs to federal buildings,
especially for energy efficiency improvements.

* $2.4 billion for carbon capture and sequestration technology
demonstration projects.

* $2 billion for advanced vehicle battery loan guarantees and
grants.

* $500 million for energy-efficient manufacturing
demonstration projects.

HEALTH CARE

* $87 billion to states, increasing through the end of FY 2010
the share of Medicaid costs the Federal government reimburses all
states by 4.8 percent, with extra relief tied to rates of
unemployment.

* $30.3 billion to extend health insurance coverage to the
unemployed beyond 18 months provided under current law.

* $8.6 billion to provide full federal funding through 2010
for state Medicaid coverage of unemployed.

* $4.1 billion for preventative care and to evaluate the most
effective healthcare treatments.

* $3.75 billion for Pentagon to build hospitals and ambulatory
surgical centers.

* $3 billion to fight chronic and infectious diseases.

* $950 million to repair, modernize veterans hospitals.

* $900 million for biomedical research, pandemic flu
preparation, cybersecurity at Health and Human Services Dept.

BROADBAND, TECHNOLOGY

* $20 billion for health information technology to prevent
medical mistakes, provide better patient care.

* $6 billion to expand broadband Internet access for
businesses in rural areas.

* $1 billion for school technology, computer labs.

* $400 million for Social Security Administration to replace
its computer center.

* $276 million for State Department to upgrade technology to
meet stricter security needs.

* $245 million for Farm Service Agency to upgrade technology
to handle workload increases.

HOUSING

* $6.2 billion to help low-income families weatherize homes,
cut energy costs.

* $5 billion for public housing repair, modernization.

* $4.2 billion to help communities buy, rehabilitate
foreclosed properties for affordable housing.

* $1.5 billion to help local communities build, rehabilitate
low-income housing using green technologies.

ENVIRONMENT, WATER RESOURCES

* $6 billion in loans to help communities upgrade wastewater
treatment systems.

* $4.5 billion for environmental restoration, flood
protection, hydropower, and navigation infrastructure.

* $2 billion in loans for drinking water infrastructure.

* $800 million to clean up hazardous, toxic waste sites.

UNEMPLOYED WORKERS

* $27 billion to continue unemployment benefits up to 33 weeks
until the end of 2009.

* $4 billion for job training including formula grants for
adult, dislocated worker, and youth services.

MISCELLANEOUS

* $10 billion for science facilities, research.

* $3.1 billion for projects on federal lands such as visitor
facilities, historic buildings, rehabilitation of abandoned mines
and oil fields.

* $2.1 billion to repair military facilities.

* $1.2 billion for new construction and $154 million for
renovations to improve military housing.

* $650 million to extend coupon program to help Americans
convert TV sets to receive digital transmission.

* $430 million in loans and loan guarantee authorities to
stimulate loans to small businesses.

A copy of the House Democrats' bill was posted here .