United States · United States Congress · 30 June 1988
Amends the Federal Home Loan Mortgage Corporation Act to remove the restrictions placed on the ownership and transferability of nonvoting preferred stock of the Federal Home Loan Mortgage Corporation.
United States · United States Congress · 30 June 1988
Federal Retirement Applications Processing Act of 1988 - Requires Federal agencies to ensure that employee personnel files include information of all Federal employment for retirement purposes within 180 days after an employee begins service with an agency. Requires an agency, if an employee gives at least four months to one year's notice of intent to retire, to: (1) inform such employee of the agency retirement counselor and applicable seminars; and (2) begin processing disability retirement applications not later than 30 days after the date of the application. Requires the Office of Personnel Management (OPM) to compile quarterly information on the number of retirement applications submitted by agencies and their timeliness and accuracy. Requires agencies that are less than 90 percent timely or more than ten percent inaccurate to prepare corrective action plans to achieve compliance. Directs OPM to report to the Congress annually on such compliance. Requires the agency retirement counselor to conduct seminars at least twice a year.
United States · United States Congress · 21 June 1988
Management Interlocks Revision Act of 1988 - Amends the Depository Institution Management Interlocks Act to revise the definition of "affiliated" corporation to mean a corporation which is owned by persons who own more than 25 percent of another corporation. (Present law defines such term as 50 percent ownership.) Revises the definition of "management official" to exclude an advisory or honorary director of a depository institution with total assets of less than $100,000,000. Provides an exception to the prohibitions against dual service of management officials of depository institutions within a primary metropolitan statistical area and against dual service of management officials of a $1,000,000,000 institution or holding company with an unaffiliated $500,000,000 institution or holding company in cases of: (1) failed or failing institutions which are acquired by another depository institution or depository holding company during a specified five-year period; and (2) any diversified savings and loan holding company if the appropriate Federal depository institutions regulatory agencies do not disapprove. Defines the "appropriate depository institutions regulatory agency" for purposes of issuing rules and regulations under such Act to include the Comptroller of the Currency, the Federal Reserve Board, the Federal Deposit Insurance Corporation, the Federal Home Loan Bank Board, and the National Credit Union Administration. Extends for five years the exception from coverage by the Depository Institution Management Interlocks Act of officials in service in a position prior to November 10, 1978. (Such exemption is scheduled to expire under current law on November 10, 1988.)
United States · United States Congress · 21 June 1988
Coin Fraud Prevention Act - Prohibits fraudulent representations in the sale or trade of coins, bullion, or numismatic items. Prohibits the manufacture or sale of any item in resemblance of any coin, medal, or item of currency issued by the United States, unless such item is clearly and permanently marked "copy." Prohibits any nongovernmental entity or person from using any representations in any solicitation for the purchase of any coin or numismatic item which could reasonably be interpreted or construed as falsely implying any Federal Government connection, approval, or endorsement. Imposes criminal penalties for violations of such prohibitions. Authorizes a civil cause of action (including class actions) against any person who violates any such prohibitions. Allows the award of actual damages, punitive damages, and court costs and attorneys fees in any such civil action. Allows State Attorneys General to bring a civil action on behalf of individuals residing in such State. Establishes a two-year statute of limitations for such actions. Makes the Federal Trade Commission (FTC) responsible for the administrative enforcement of the provisions of this Act. Specifies that the provisions of this Act shall not annul, alter, or affect State laws that are consistent with this Act. Authorizes the civil forfeiture of any materials used, items produced, or profits derived from violations of this Act. Authorizes the U.S. Postal Service to seize any such property on behalf of the Attorney General in any case in which a violation of this Act involves the mails.
United States · United States Congress · 20 June 1988
Authorizes the printing as a House document of a collection of statements made in tribute to the late Representative John H. Dent. Authorizes additional printing of such document for the use of the Committee on House Administration.
United States · United States Congress · 10 June 1988
Amends the Federal Cigarette Labeling and Advertising Act to require manufacturers and importers of cigarettes to place warnings on packages and in advertisements that the nicotine in cigarettes is an addictive drug.
United States · United States Congress · 9 June 1988
Designates August 1, 1988, as Helsinki Human Rights Day. Requests the President to: (1) reassert American commitment to the Helsinki Accords; (2) raise the issue of noncompliance with such Accords with the Soviet Union, Bulgaria, Czechoslovakia, the German Democratic Republic, Hungary, Poland, and Romania; (3) convey to all signatories of such Accords that respect for human rights and fundamental freedoms is vital to progress in the ongoing Helsinki process; (4) convey to U.S. allies the importance of unity regarding such Accords; (5) continue his efforts to achieve, before the end of the Vienna meeting, the release of all political prisoners of the Soviet Union, an increase in Soviet emigration, resolution of all family reunification cases, cessation of all radio transmission jamming, and the repeal of laws and practices which undermine human rights; (6) seek the inclusion, in any concluding document agreed to in Vienna, of a mechanism to sustain human rights progress after the Vienna meeting; and (7) convey to signatory states the insistence of the United States for a result at Vienna that will not favor military security at the expense of human rights.
United States · United States Congress · 3 June 1988
Directs the President to issue a proclamation each year calling on all churches, synagogues, schools, community centers, and other public buildings in the United States to toll their bells for one minute beginning at 11:00 a.m. on Memorial Day in remembrance of the men and women who died defending our Nation and freedom.
United States · United States Congress · 26 May 1988
Agricultural Commodity Embargo Limitation Act - Provides that the President may not prohibit or restrict the export of U.S. agricultural products to any country unless: (1) a state of war exists between such country and the United States; or (2) the President certifies to the Congress that such country is engaged in military hostilities against the United States, and such certification is in effect.
United States · United States Congress · 19 May 1988
Federal Asset Disposition Association Dissolution Act - Amends the National Housing Act to specify that the purpose of the establishment of new savings and loan associations in connection with a liquidation is to make insured accounts available to association members. Specifies that provisions of the National Housing Act shall not be construed as authorizing the Federal Savings and Loan Insurance Corporation (FSLIC) to organize a new Federal association for the purpose of managing or disposing of any assets: (1) of an insured institution for which the FSLIC has been appointed receiver; or (2) acquired by the FSLIC in order to prevent a default. Authorizes the FSLIC to delegate such liquidation functions to an appropriate regional office. Prohibits the Federal Asset Disposition Association (FADA) from engaging in any new activities after the date of the enactment of this Act. Directs the FSLIC to require FADA to assign all its rights and obligations under any contract to the FSLIC. Requires the FSLIC, within 60 days after the enactment of this Act, to revoke the charter of FADA and assume its assets and liabilities. Specifies that this Act shall not be construed as any recognition or ratification by the Congress of: (1) any authority of the FSLIC to charter FADA; or (2) any authority of FADA to act on behalf of the FSLIC. Requires the FSLIC to prepare and submit to the Congress a report describing: (1) the manner in which the dissolution of FADA was implemented; (2) the results of such dissolution; and (3) FSLIC's actions as the receiver of FADA. Specifies certain information to be included in such report. Requires the FSLIC to take such action as may be necessary to ensure that the FSLIC and all officers and employees of the FSLIC maintain full compliance with the competitive procurement requirements of the Federal Property and Administrative Services Act of 1949. Requires the FSLIC to liquidate the assets of insolvent savings and loan associations in a manner which: (1) minimizes the cost to the FSLIC; (2) maximizes the return which the FSLIC realizes on the assets; and (3) encourages the use of services of persons in the private sector in managing and disposing of such assets to the maximum extent possible. Requires the FSLIC to ensure that no individuals are employed by the FSLIC under personal service contracts except to the extent that such employment: (1) does not exceed 60 days in any one-year period; or (2) is determined to be necessary because of unusual circumstances which do not allow the position involved to be filled by a civil service employee. Provides that the number of asset liquidation personnel employed by the FSLIC shall not be subject to any limitation imposed by any officer of the executive branch who is not an officer of the FSLIC. Imposes a statutory limit on the number of asset liquidation employees that may be employed at any time by the FSLIC. Requires the FSLIC to establish an employment grade structure for asset liquidation employees which is comparable to the grade structure for employees of the Federal Deposit Insurance Corporation who manage or dispose of assets. Requires representatives of specified Government agencies and the private sector to conduct a multiagency study on options for reducing the duplication, overlap, and inconsistency among Federal agencies and instrumentalities and for making better use of private sector resources in managing and disposing of assets. Requires that a report concerning the results of such study be submitted to the Congress within one year after the enactment of this Act.
United States · United States Congress · 12 May 1988
Designates the period of July 25 through July 31, 1988, as National Week of Recognition and Remembrance for Those Who Served in the Korean War. Authorizes and requests the President to urge that the American flag be flown at half staff on July 27, 1988, in honor of those Americans who died as a result of their service in Korea.
United States · United States Congress · 4 May 1988
Authorizes appropriations for FY 1989 and 1990 for the United States Mint to pay the costs of the mints and assay offices. Specifies that a certain amount of funds shall remain available until expended for research and development. Authorizes appropriations to the Department of the Treasury for increases in salary, pay, retirement, other benefits for Mint employees, and for other nondiscretionary costs.
United States · United States Congress · 23 March 1988
Provides for the printing as a House document of House Report Number 2505, 82d Congress, December 22, 1952, the final report of the Select Committee to Conduct an Investigation and Study of the Facts, Evidence, and Circumstances of the Katyn Forest Massacre. Authorizes the printing of additional copies for the use of the House of Representatives.
United States · United States Congress · 15 March 1988
Postal Reorganization Act of 1988 - Declares that the receipts and disbursements of the Postal Service Fund: (1) shall not be included in the totals of the Federal budget or the congressional budget; (2) shall be exempt from Federal budget limitations on expenditures and net lending; and (3) shall not be counted for purposes of calculating the Federal deficit. Repeals certain limitations on postal borrowing authority. Increases the limitations on postal borrowing authority.
United States · United States Congress · 15 March 1988
Condemns the failure of the National Governing Council of Haiti to support a constitutional transition to democracy, to provide security for the Haitian people, and to respect internationally recognized human rights. Declares it to be the policy of the United States to: (1) demonstrate the disapproval of the United States of those elements in Haiti responsible for the failure to restore genuine democratic government in accordance with the Haitian Constitution (approved March 29, 1987); (2) encourage a transition to democracy through the holding of free and fair elections; (3) promote respect for human rights in Haiti; (4) continue to support efforts of the Haitian people to achieve economic development and social justice; (5) deny benefits to the Government of Haiti until there has been a transition to democracy; and (6) recognize that Haiti is a major point for the transshipment of illicit drugs. Suspends the provision of any type of foreign assistance to Haiti. Allows an exception for specified types of assistance, including emergency and humanitarian assistance. Provides that the United States shall use its vote and influence in relevant international financial institutions to oppose any loan or any extension of financial or technical assistance to Haiti, unless such assistance is directed to programs which serve the basic human needs of the citizens of Haiti. Prohibits the extension of certain trade benefits to Haiti, including: (1) treatment as a beneficiary country for purposes of the Caribbean Basic Economic Recovery Act; (2) treatment as a beneficiary developing country for purposes of the Generalized System of Preferences; and (3) specialized tariff treatment of articles exported to and returned from Haiti. Prohibits the importation from Haiti of any sugars, sirups, or molasses whenever any limitation is otherwise imposed on such importation. Prohibits the selling or leasing of any defense articles or defense services to Haiti under provisions of the Arms Export Control Act. Requires any U.S. Government agency to: (1) take into account the general policy of the United States to deny benefits to Haiti until a transition to democracy has occurred before taking any action with respect to Haiti that is not explicitly addressed by this Act; and (2) report to the Congress any decision to take such action. Requires the President to develop and transmit to the Congress a comprehensive plan for supporting individuals and institutions in Haiti committed to advancing democracy. Specifies the objectives to be considered in developing such a plan. Terminates sanctions imposed by this Act only after the Congress: (1) determines that the Haitian Constitution is being fully adhered to by a Government chosen in free elections; and (2) repeals such sanctions. Allows the President to suspend certain sanctions temporarily if he certifies to the Congress that Haiti is making significant progress toward establishment of a democratic government. Requires the President to periodically report to the Congress on the progress made toward the policy objectives of this Act. Requires the President to submit a report to the Congress which: (1) explains why Haiti has not been treated as a major-drug-transit country for purposes of the Foreign Assistance Act of 1961 and the Trade Act of 1974; and (2) states whether Haiti cooperated fully with respect to illicit drug trafficking. Repeals existing restrictions on assistance to Haiti as contained in the Foreign Operations, Export Financing, and Related Programs Act, 1988.
United States · United States Congress · 9 March 1988
American Heritage Trust Act of 1988 - Title I: American Heritage Trust - Establishes the American Heritage Trust, comprised of the Land and Water Conservation Fund and the Historic Preservation Fund, to provide funding for the preservation of America's natural, historical, cultural, and outdoor recreational areas. Title II: Land and Water Conservation Fund - Amends the Land and Water Conservation Fund Act to require the Secretary of the Treasury to invest a portion of the Land and Water Conservation Fund in public debt securities. Requires that the interest from such investments be used to provide for the preservation of the Nation's recreational areas. Sets forth a formula for the allocation of such interest income to the Federal Government and the States. Sets forth specified requirements with respect to the apportionment of such income to local and State governments. Repeals a specified section concerning publicity and signing provisions. Title III: Historic Preservation Fund - Amends the National Historic Preservation Act to extend the Historic Preservation Fund through 2015. Requires the Secretary of the Treasury to invest a portion of such Fund in public debt securities. Requires that the interest from such investments be used for the preservation of historic sites. Title IV: Miscellaneous Provisions - Requires the owner of any site that benefits from moneys derived from the American Heritage Trust to install a sign indicating that fact.
United States · United States Congress · 3 March 1988
Designates the week of June 26 through July 2, 1988, as National Safety Belt Use Week. Authorizes and requests the President to: (1) urge the people to wear safety belts and use child safety seats; and (2) encourage State and local governments and concerned organizations and officials to promote greater use of these safety devices.
United States · United States Congress · 29 February 1988
Defense Production Act Amendments of 1988 - Amends the Defense Production Act of 1950 to restate the defense mobilization preparedness policy of the United States. Places the Federal Emergency Management Agency (FEMA) in charge of coordinating the efforts to maintain geographical dispersion of defense facilities. (Currently, the Office of Defense Mobilization is in charge of such effort.) Requires executive agencies and departments responsible for defense acquisition to continuously assess the capability of the defense industrial base to satisfy near-term and mobilization production requirements. States that plans and programs to carry out the policy stated above shall duly consider the promotion of efficiency and competition. Repeals as inconsistent with changes made under this Act the National Commission on Supplies and Shortages Act of 1974. Expresses certain congressional findings disapproving the growing U.S. dependency on foreign sources for parts and materials used to manufacture major weapons systems for our national defense, and requests the strengthening of the industrial capability of the United States to independently produce its major weapons systems. Directs the President, in exercising his industrial defense preparedness authority, to limit the production of existing and new weapons to domestic manufacturing and assembly sources: (1) within five years following the enactment of this Act; and (2) until domestic sources can meet defense production needs for six months following any declaration of war. Authorizes the President to waive such domestic-production requirement only after considering in each case an economic and defense production impact assessment. Authorizes the President to use certain existing incentives to implement these provisions, subject to specified limitations. Directs the President to designate those industries deemed to be critical to the U.S. defense industrial base, to be given first priority for assistance under this Act for the modernization of manufacturing facilities and equipment and the production of materials. Directs the President to seek to develop the domestic production of materials, services, and skills affecting a critical industry that are in short supply. Authorizes assistance to be provided only to small and medium-sized businesses, unless the President otherwise formally notifies the Congress that the interests of national defense require an exception to such limitation.
United States · United States Congress · 24 February 1988
Housing and Community Development Labor Standards Act of 1988 - Amends the Housing and Community Development Act of 1974 to state that wage standards shall apply to community development block grant and urban development action grant construction and closely related activities. Prohibits preemption of higher State, local, or Indian tribal wage standards under: (1) such programs; (2) assisted housing programs; and (3) mortgage insurance programs.
United States · United States Congress · 24 February 1988
Expresses disapproval of the refusal of the U.S.S.R. to recognize the sovereignty of the Baltic Republics. Designates June 14, 1988, as Baltic Freedom Day. Authorizes and requests the President to submit the issue of the Baltic Republics to the United Nations.
United States · United States Congress · 24 February 1988
Designates March 29, 1988, the birthday of Rabbi Menachem Mendel Schneerson, as Education Day, U.S.A. Calls on heads of state of the world to join the President of the United States in this tribute by signing an international scroll of honor.
United States · United States Congress · 8 February 1988
United States Coast Guard Bicentennial Medal Act - Directs the Secretary of the Treasury to design, strike, and sell a medal in commemoration of the bicentennial of the U.S. Coast Guard in 1990. Requires the design of the medal to be selected by the Secretary of the Treasury after consultation with the Secretary of Transportation and the Commission of Fine Arts.