United States · United States Congress · 19 February 1987
Retiree Benefits Security Act of 1987 - Amends Federal bankruptcy law to apply provisions governing the rejection of collective bargaining agreements in reorganization cases to collective bargaining agreement provisions relating to benefits for retired employees. Provides that bankruptcy claims for retiree benefits and claims arising under any collective bargaining agreement or rejection thereof shall not be limited to one year's compensation. Designates the labor organization which is the recognized exclusive collective bargaining representative in a collective bargaining agreement as the authorized representative of persons receiving retirement benefits under such agreement in bankruptcy proceedings. Directs the court to appoint a committee of retirees to serve as such representative if the labor organization elects not to serve or if the recipients of retiree benefits are not covered by a collective bargaining agreement. Requires the debtor in possession or trustee in a reorganization case to pay and not modify any retiree benefits under any program established or maintained by the debtor prior to filing a bankruptcy petition. Allows modification of such benefits: (1) by court order; or (2) as agreed to by the trustee and the authorized representative of benefit recipients. Treats such payments as administrative expenses. Permits the court to order a modification in retiree benefit payments only if: (1) with respect to benefits covered by a collective bargaining agreement, such agreement is rejected in bankruptcy; and (2) with respect to benefits whether covered or not, the court finds that modifications are necessary to permit the reorganization of the debtor and assure that all creditors, the debtor, and all affected parties are treated fairly and equitably and that the balance of equities clearly favors the modification sought by the trustee. Permits the court, before issuing a final order, to authorize the trustee to implement interim changes in benefits not provided by a collective bargaining agreement, if essential to the continuation of the debtor's business, or in order to avoid irreparable damage to the estate. Provides that any retiree benefits paid between the filing of a petition and confirmation of a plan shall not be deducted from amounts calculated for claims for unpaid future retiree benefits or for any benefits not provided due to modifications, unless otherwise agreed by the debtor and the authorized representative. Requires a reorganization plan to place all claimants for retiree benefits in a separate class consisting only of such claimants. Requires that a plan, to be fair and equitable with respect to such claimants: (1) provide that each claim holder of such class receive property of a value equal to the allowed amount of such claim; or (2) provide that each claim holder of such class receive such value as found by the court to represent the minimum reduction in retiree benefits consistent with the ability of the debtor to provide such benefits after plan confirmation. Provides for the retroactive application of this Act.
United States · United States Congress · 10 February 1987
Authorizes expenditures by the Committee on House Administration for the use of the House Information Systems during the first session of the 100th Congress, including the procurement of consultant services and assistance for specialized training for its professional staff.
United States · United States Congress · 10 February 1987
Authorizes expenditures by the Committee on House Administration for the first session of the 100th Congress, including the procurement of consultant services and assistance for specialized training for its professional staff.
United States · United States Congress · 9 February 1987
Amends the National Housing Act to limit the fees that may be charged by the Government National Mortgage Association for the guaranty of mortgage-backed securities. Requires the Secretary of Housing and Urban Development to certify to the Congress that any proposed fee increase is solely for specified permitted purposes.
United States · United States Congress · 4 February 1987
Food Irradiation Safety and Labeling Requirement Act of 1987 - Prohibits the Secretary of Agriculture from implementing pork irradiation regulations and the Secretary of Health and Human Services from implementing other food irradiation regulations. Requires the Secretary of Health and Human Services to arrange for and report within two years on a study of the risks to human health and the environment presented by food irradiation. Amends the Federal Food, Drug, and Cosmetic Act to require that food for domestic use or export which has been irradiated be labeled in a prescribed fashion. Requires restaurant menus to indicate when foods have been irradiated. Requires persons irradiating food to report semiannually to the Secretary.
United States · United States Congress · 4 February 1987
Amends the Tax Reform Act of 1986 to repeal provisions which eliminated the three-year use of the basis recovery rule in computing the amount of an employee's retirement benefits includable in gross income. Provides that the Internal Revenue Code shall be applied and administered as if such provisions had not been enacted.
United States · United States Congress · 4 February 1987
Expresses the sense of the Congress that: (1) the Postmaster General should issue a stamp commemorating the 100th Congress; and (2) the U.S. Postal Service should conduct a public competition for the design of the stamp.
United States · United States Congress · 3 February 1987
Family and Medical Leave Act of 1987 - Title I: General Requirements for Family Leave and Medical Leave - Makes rights provided under this title inapplicable to employees of any facility of an employer at which fewer than 15 employees are employed if the combined number of employees employed by the employer within 200 miles of the facility is fewer than 15. Entitles employees to family leave for specified periods in cases involving the birth, adoption, or serious health condition of a child or the serious health condition of a parent. Entitles employees to temporary medical leave for specified periods in cases involving inability to work because of a serious health condition. Sets forth conditions for certification for such types of leave. Provides that such leave may be without pay. Allows employees to substitute other types of paid leave to cover part of such leave period. Sets forth employment and benefits protections relating to such leave. Provides for administrative enforcement of this title by the Secretary of Labor, as well as enforcement by civil action. Sets forth provisions for injunctive relief, monetary relief, and attorneys' fees. Requires employers to post notice of the pertinent provisions of this title. Title II: Family Leave and Temporary Medical Leave for Civil Service Employees - Amends specified Federal law to entitle civil service employees to family and temporary medical leave for specified periods. Provides that such leave will be without pay. Allows employees to substitute other types of paid leave for part of such leave. Sets forth protection for job position and health insurance benefits of employees using such leave. Directs the Office of Personnel Management to prescribe regulations for administration of this title which are consistent with the regulations prescribed by the Secretary of Labor under title I of this Act. Title III: Commission on Paid Family and Medical Leave - Establishes the Commission on Paid Family and Medical Leave. Requires the Commission to report on its study of paid family and medical leave to the Congress within two years after the Commission first meets. Terminates the Commission within 30 days after its final report. Title IV: Miscellaneous Provisions - Sets forth the effect of this Act on existing laws and existing employment benefits. Provides that nothing in this Act shall be construed to discourage employers from adopting more generous leave policies. Directs the Secretary of Labor to prescribe regulations to carry out title I of this Act.
United States · United States Congress · 29 January 1987
Amends the Internal Revenue Code to permit qualified pension and annuity plans to make distributions to participants for purposes of acquiring, constructing, or rehabilitating a dwelling unit if: (1) within a reasonable period of time such dwelling unit is to be used as the principal residence of the participant; and (2) such participant has not previously received a distribution for such purposes.
United States · United States Congress · 29 January 1987
Declares that the Congress: (1) protests continued Soviet violations of international human rights, especially its restrictive emigration regulations; (2) states that such human rights abuses seriously affect negotiations between the United States and the Soviet Union; (3) calls upon the Soviet authorities to release all "Prisoners of Conscience" and permit all "refuseniks" and other specified people to emigrate; and (4) dedicates itself to support, as a priority during the 100th Congress, the restoration of internationally recognized human rights to all Soviet citizens, especially restoration of the right to emigrate to Soviet Jews and others who have requested exit visas.
United States · United States Congress · 26 January 1987
School Dropout Demonstration Assistance Act of 1987 - Authorizes appropriations for FY 1988 through 1990 for grants to local educational agencies (LEAs) for demonstration programs of dropout prevention, reentry, and information. Allots specified percentages of such funds to various categories of LEAs. Limits the Federal share of project cost to no more than 90 percent in the first fiscal year, 75 percent in the second, and 60 percent in the third. Sets forth grant application requirements, including plans for dropout information collection and reporting systems. Sets forth authorized activities for which such grants may be used. Requires that: (1) at least 30 percent of grant funds be used for dropout prevention activities; (2) at least 30 percent of grant funds be used for dropout reentry persuasion and assistance activities; and (3) not more than 15 percent of any grant be used for administrative costs. Requires that grants be used to supplement other funds. Requires grant recipients to cooperate with the coordination and dissemination efforts of the National Diffusion Network and State educational agencies. Directs the Secretary of Education to report annually to the appropriate committees of the Congress on the activities under this Act. Sets forth provisions for auditing and withholding payments.
United States · United States Congress · 8 January 1987
Authorizes the President, on behalf of the Congress, to present a gold medal to Andrew Wyeth in recognition of his contributions to American art and culture. Authorizes appropriations. Authorizes the Secretary of the Treasury to sell bronze duplicates of the medal.
United States · United States Congress · 8 January 1987
Farm Credit Enhancement Act of 1987 - Authorizes the Secretary of Agriculture to guarantee pools of qualified agricultural mortgage loans and to provide for the issuance of securities representing interests in such pools by approved agricultural loan facilities. Sets a specified ceiling on outstanding guarantee authority. Terminates guarantee authority five years after enactment of this Act. Authorizes the Secretary to fund such guarantees through obligations issued to the Treasury.
United States · United States Congress · 7 January 1987
Full Credit Card Cost Disclosure Act - Amends the Truth in Lending Act to require that all credit card applications and solicitations include information regarding the annual interest rate, finance charge conditions, and other related charges and fees. Requires such information, as prescribed by the Board of Governors of the Federal Reserve System, to be prominently displayed in table form.
United States · United States Congress · 7 January 1987
Credit Repair Organizations Act - Amends the Consumer Credit Protection Act to prohibit any credit repair organization (any person who provides a service for the purpose of improving a consumer's credit record) from: (1) charging or receiving any money prior to the completion of its services (unless it has obtained a $50,000 surety bond); (2) charging or receiving money solely for the referral of a customer to a retailer if the credit which may be extended to the buyer is upon substantially the same terms as those available to the general public; (3) advising any client to make an untrue or misleading statement; and (4) using any untrue or misleading statement. Requires the organization to provide the consumer with a written disclosure statement which includes a description of: (1) the consumer's rights; (2) the services to be provided by the organization; and (3) the total amount the consumer will be charged. Sets forth contract requirements and the rights of the consumer with regard to cancellation of such contract. Subjects any organization which fails to comply with any provision of this Act to civil liability. Grants any appropriate U.S. district court jurisdiction in such actions (without regard to the amount in controversy). Provides a two year statute of limitations for such actions (unless the defendant has willfully misrepresented any information required under this Act). Provides for the administrative enforcement of this Act by the Federal Trade Commission, as provided in the Federal Trade Commission Act.
United States · United States Congress · 6 January 1987
Permits the reappointment on a case-by-case basis of a specified number of air traffic controllers who were separated from service for participation in a strike initiated on August 3, 1981. Requires such reappointments to be made in FY 1987 and 1988 by the Secretary of Transportation, according to prescribed guidelines. Expresses the sense of the Congress that such reinstatements should not: (1) cause the separation or reduction in grade of any other air traffic controller; or (2) interfere with training opportunities which would otherwise be afforded to air traffic controllers seeking to become fully qualified.
United States · United States Congress · 6 January 1987
Authorizes the President, on behalf of the Congress, to present a gold medal to Mary Lasker in recognition of her humanitarian contributions in medical research and education, urban beautification, and the fine arts. Authorizes appropriations. Authorizes the Secretary of the Treasury to provide for the sale of bronze duplicates of the medal.
United States · United States Congress · 6 January 1987
Provides for the continuation of the three-year income tax basis recovery rule with respect to annuities of Federal employee contributions to Federal retirement systems. Directs the Office of Personnel Management to report to specified congressional committees on the effects of a retroactive repeal of such rule on the Federal workforce.
United States · United States Congress · 6 January 1987
Public Safety Officers' Benefits Amendments of 1987 - Amends the Omnibus Crime Control and Safe Streets Act of 1968 to increase from $50,000 to $100,000 the benefits paid to survivors of public safety officers (law enforcement officers and fire fighters) who die as a result of injury sustained in the line of duty. Allows such benefits to be paid to a designated beneficiary if there is no surviving spouse, child, or parent. States that funds in the Department of Justice Assets Forfeiture Fund shall be used for the payment of one-half of such benefits.
United States · United States Congress · 6 January 1987
Truth in Savings Act - Requires each advertisement, announcement, or solicitation by a depository institution which refers to a specific interest rate, yield, or rate of earnings on amounts deposited in a demand or interest-bearing account to state the following information clearly and conspicuously: (1) the annual percentage yield and the period such yield is in effect; (2) all minimum initial deposit, minimum balance, and time requirements for earning such yield; (3) the annual rates of simple interest; (4) fees or other conditions that could reduce the yield; (5) any interest penalty for early withdrawal; and (6) the effective percentage yield on the maturity date of any account maturing in less than one year. Authorizes the Board of Governors of the Federal Reserve System to exempt advertisements, announcements, or solicitations made by any broadcast or electronic medium or outdoor advertising displays not on the premises of a depository institution, from the disclosure requirements relating to initial deposit requirements, rates of simple interest, or fees, if such disclosure would be unnecessarily burdensome. Prohibits any depository institution from advertising an account as a free or no-cost account if: (1) there are minimum balance or limited transaction requirements to avoid fees; or (2) there is any service fee, transaction fee, or similar charge imposed for such account. Prohibits any institution from making any advertisement, announcement, or solicitation that is inaccurate or misleading or that misrepresents its deposit contracts. Requires each depository institution to maintain a schedule, written in clear and plain language, of fees, charges, interest rates, and terms and conditions such as minimum balance and time requirements applicable to each class of accounts offered. Requires that such schedule be disclosed to potential customers and requesting individuals and mailed to account holders. Requires that account holders receive 30 days' advance notice of any change to be made in any term or condition required to be disclosed in the schedule if the change might reduce the yield or adversely affect any account holder. Directs the Board to require modified disclosure requirements concerning the annual yield on variable rate accounts, multiple rate accounts, guaranteed-rate accounts that mature in less than one year, and accounts for which the interest rate is not guaranteed. Directs the Board to provide for public notice and comment on, and to publish, model forms and clauses for common disclosures required by this Act. Provides for the enforcement of this Act and the civil liability of a depository institution that fails to comply with requirements of this Act. Sets forth limitations on such liability and factors to be considered by the court in determining class action awards. Provides that an institution may not be held liable for a violation if the institution demonstrates that the violation was not intentional and resulted from a bona fide error. Establishes U.S. district court jurisdiction and a one-year statute of limitations for actions brought under this Act. Directs the National Credit Union Administration to provide for the similar regulation of credit unions.
United States · United States Congress · 6 January 1987
Medicare Part C: Catastrophic Health Insurance Act of 1987 - Amends title XVIII (Medicare) of the Social Security Act to add a new part C entitled "Program for Comprehensive Catastrophic Coverage, and Certain Preventive Benefits." (Redesignates the current part C as part D.) Provides coverage for individuals who are entitled to part A (Hospital Insurance) benefits by enrolling with an organization having a contract with the Secretary of Health and Human Services to provide part C services (part C organizations). Requires part C organizations to provide services without imposing deductibles, copayments, or coinsurance, or imposing time restrictions on benefits for inpatient hospital services or extended care services. Requires, in addition, that part C organizations provide: (1) annual physical examinations; (2) routine eye care, including an annual vision examination and prescription eyeglasses; (3) dental services, including teeth cleaning, extractions, examinations, and dentures; (4) hearing examinations and aids; (5) comprehensive long-term care services provided in the least restrictive environment; (6) health promotion and disease prevention information; and (7) prescription drugs and biologicals. Requires the Secretary to establish a program for certifying the safety and efficacy of hearing aids covered under part C. Directs part C organizations to provide additional health benefits to enrollees if the adjusted community payment rate for required services is less than the average per capita payment to the organization for the annual contract period. Authorizes the Secretary's contract with part C organizations to provide additional optional services if such services will not substantially discourage enrollments. Requires part C organizations to reimburse other organizations which provide medically and immediately necessary services to their enrollees in circumstances where such services could not reasonably have been obtained through the enrollee's organization. Requires the Secretary to make advance monthly payments to part C organizations in accordance with a per capita rate of payment for each class of enrollee, such rates to be determined annually pursuant to a specified formula. Authorizes retroactive payment adjustments to account for any difference between: (1) the actual number of individuals enrolled and the number estimated to be enrolled in determining the advance payment; or (2) the premium required of part C enrollees and the per capita rate of payment for such enrollees. Authorizes part C organizations to charge or permit providers to charge liable third parties or enrollees, to the extent they have been paid by third parties, for the organizations' services. Requires the Secretary's part C payments to be made exclusively to part C organizations. Provides that, where an individual receiving inpatient hospital services enrolls in a part C organization, such organization shall not be financially responsible for those services. Provides, however, that where part C enrollment is terminated while inpatient hospital services are being provided, the organization is financially responsible for such services from the date of enrollment to the date of discharge. Provides part C enrollees with protection against the risk of, and responsibility for, a part C organization's insolvency. Requires part C organizations to promptly pay provider claims. Requires part C organizations to provide meaningful procedures for hearing and resolving grievances between the organization, or its service providers, and enrollees. Authorizes enrollee appeal to a local review board, at least one-half of which is composed of representatives of part C eligible individuals. Provides for further appeal to the Secretary where the amount in controversy is at least $100 and judicial review of the Secretary's determination if that amount equals or exceeds $1,000. Requires part C organizations to have an ongoing quality assurance program which stresses health outcomes and provides for the review of its health care services by health care professionals. Requires peer review organizations to review part C health care services. Directs the Secretary to annually review such services. Sets forth miscellaneous terms required in a part C organization's contract with the Secretary, including provisions facilitating the flow of information from such organizations. Subjects part C organizations to civil money penalties if they substantially fail to provide required medically necessary items and services and such failure adversely affects part C enrollees. Requires each organization to have an annual 30-day open enrollment period and the Secretary to establish a single 30-day period where several organizations service the same area. Requires part C organizations to inform individuals at the time of enrollment and at least annually thereafter regarding benefits provided, premiums required, and such other information as the Secretary may require. Prohibits an organization's distribution of applications or promotional and informational materials unless such materials have been submitted to the Secretary at least 45 days before distribution and have not been disapproved. Terminates an individual's enrollment upon such individual's: (1) loss of entitlement to part A (Hospital Insurance) benefits; or (2) failure to pay part C premiums. Sets forth the procedure to be used in determining the monthly premium required of part C enrollees. Limits the monthly premium which may be required to a specified percentage of an individual's gross income. Deposits such payments in the Federal Medicare Part C Trust Fund. Requires the Secretary to enter into agreements with States in order to effect the part C enrollment of eligible groups covered under certain State public assistance programs. Authorizes the Secretary to enter into similar agreements with other Government entities through which health care benefits are provided. Establishes the Medicare Part C Trust Fund in the Treasury. Transfers to such trust fund those amounts in other Medicare trust funds which would have been expended under parts A and B had the enrollee chosen coverage under those programs. Amends title II (Old Age, Survivors and Disability Insurance) of the Act to increase the Medicare hospital insurance tax base. Amends the Medicare program to provide for the deposit of the resultant increase in tax revenues into the Part C Trust Fund. Amends title XIX (Medicaid) of the Act to reduce Federal Medicaid payments to States to the extent to which State assistance to Medicare-eligible needy individuals is reduced due to the enactment of part C. Sets forth effective date provisions and miscellaneous technical and conforming amendments.
United States · United States Congress · 6 January 1987
Trade and International Economic Policy Reform Act of 1987 - Title I: Trade Law Amendments - Subtitle A: Enforcement of United States Rights Under Trade Agreements and Response to Certain Foreign Trade Practices - Amends the Trade Act of 1974 to require presidential action if the President or the U.S. Trade Representative (USTR) determines that U.S. rights under any trade agreement are being denied or a foreign country's act, policy, or practice: (1) is inconsistent with, or denies benefits to the United States under, any trade agreement; or (2) is unjustifiable and burdens or restricts U.S. commerce. Requires the President, unless the contracting parties to the General Agreement on Tariffs and Trade (GATT) make a specified finding or the President makes a specified finding, to: (1) suspend or remove certain benefits of the trade agreement, impose restrictions on the foreign country involved, or withdraw benefits under the Generalized System of Preferences; or (2) restrict imports of services; or (3) both (1) and (2); and (4) take all other appropriate and feasible actions to enforce such rights or end such act, policy, or practice. Requires such action to be devised to affect goods or services of the foreign country involved in an amount equivalent to the amount that such country restricts U.S. commerce. Requires the President to take all appropriate actions to eliminate, and/or to offset the effects of, export targeting if: (1) the USTR determines that a foreign country practices export targeting; and (2) the International Trade Commission (ITC) determines that imports of targeted merchandise are injuring a U.S. industry. Defines export targeting as any government plan consisting of a combination of actions that are bestowed on a specific enterprise or group of enterprises which improves the competitiveness of exports by such enterprise or group. Sets forth the alternative actions available to the President. Requires the President to report to the Congress on each action taken or the reasons no action was taken to: (1) enforce U.S. rights or eliminate unfair trade acts, policies, or practices; or (2) eliminate or offset the export targeting policy or practice. Requires the President to take all appropriate and feasible action to eliminate a foreign country's act, policy, or practice which is unreasonable or discriminatory and burdens or restricts U.S. commerce. Prohibits the President from taking action under the provisions relating to enforcement of U.S. rights if other action is required because such country has an excessive or unwarranted trade surplus. Requires the President, before taking any such action to restrict imports, to consider the likely impact that such action will have on U.S. agricultural exports. Requires the President, within 30 days of receiving the USTR's recommendation to take action to enforce U.S. trade rights, to determine what action to take and to implement such action. Authorizes the President to delay such determination and implementation for up to 90 days if: (1) either the petitioner or the industry that would benefit from such action requests the delay; or (2) the President determines that substantial progress towards a solution is being made. Requires the USTR to notify the ITC of investigations involving alleged export targeting. Terminates the investigation if the USTR determines no export targeting exists or the ITC determines that imports of the targeted merchandise caused no material injury to a U.S. industry or to the establishment of a U.S. industry. Sets forth the timetable for making such determinations. Defines material injury and sets the standard for determining whether a material injury has been incurred. Provides for remedies under the countervailing and antidumping provisions of the Tariff Act of 1930 if appropriate. Provides for the presentation of views by interested persons concerning actions to enforce U.S. trade rights. Requires the USTR to direct certain inquiries to the foreign countries involved in an investigation of unfair trade practices. Authorizes the USTR to request the foreign countries to provide documentation or permit verification of its information. Authorizes the USTR to disregard such information and instead use the best information available if the information provided by the foreign country is not timely, is incomplete, or is insufficiently verified. Requires the USTR to consult with the petitioner before delaying consultations with a foreign country in cases involving enforcement of U.S. trade rights. Requires the USTR to give at least 30 days' notice for the presentation of views by interested persons in such cases before making recommendations to the President on enforcement actions. Requires the USTR to consult with business and labor representatives of the affected industry and with other interested persons on the nature of the appropriate remedial action in cases involving export targeting. Requires the USTR to consult with interested persons within 90 days of identification of a foreign country's market access barrier that has a significant adverse impact on U.S. exports if such barrier is likely to be an abridgement of U.S. rights under a trade agreement and is not otherwise the subject of an investigation. Requires the USTR to initiate an investigation if the USTR determines that: (1) such consultations indicate that an enforcement action would likely result in expanded U.S. export opportunities; (2) an enforcement action would not likely result in U.S. exports suffering significant adverse effects; and (3) it is in the national economic interest to initiate such an investigation. Requires the USTR, subject to certain consultation requirements, to determine: (1) whether U.S. rights under a trade agreement are being denied or an unfair trade act, policy, or practice exists; and (2) recommend to the President what action to take if the determination under (1) is affirmative, and, in cases involving export targeting, the ITC found that injury, the threat of injury, or industry retardation exists. Changes the timetable for the USTR to determine whether action is required and to make recommendations to the President to: (1) 30 days after conclusion of dispute settlements or nine months after initiation of the investigation whichever occurs first, if a trade agreement other than the Subsidies Agreement is involved; or (2) nine months (11 months in export targeting cases) in any other case. Retains the current timetable for cases involving export subsidies, domestic subsidies, and combinations of export and domestic subsidies. Authorizes the President to modify or terminate an action taken to enforce U.S. trade rights if: (1) the contracting parties to the GATT make specified findings; or (2) the President determines that the foreign act, policy, or practice has been eliminated or is being phased out or that the action is not effective or that its continuation is not in the national economic interest. Requires the USTR to review and assess biennially the results of actions taken to enforce U.S. rights. Provides for publication of, and notification of the Congress of, any modification or termination. Requires the USTR to submit the annual national trade estimates to the House Foreign Affairs Committee. Requires such estimates to include, beginning on October 30, 1986, an identification of those acts, policies, and practices included in the analysis that had significant adverse impact on U.S. exports. Adds a new subchapter to the Trade Act of 1974 that creates special provisions regarding trade deficits. Requires the ITC to: (1) determine whether each major exporting country is an excessive trade surplus country for 1985 and for 1987 through 1990; and (2) determine if the percentage obtained by dividing the U.S. balance of trade deficit by the U.S. gross national product is less than one and one-half percent. Requires the ITC to report such determinations to the USTR. Requires the USTR, within 15 days of receipt of such report, to determine whether each major exporting country identified as an excessive trade surplus country maintained a pattern of unjustifiable, unreasonable, or discriminatory trade policies or practices that have a significant adverse effect on U.S. commerce and contribute to the excessive trade surplus of that country. Sets forth factors to be considered in making such determination. Provides that the USTR need not make such determinations with respect to countries with a percentage of less than one and one-half percent. Defines "excessive trade surplus country" as a major exporting country which has: (1) a bilateral export percentage (the value of nonpetroleum export to, divided by the value of nonpetroleum imports from, the United States) of more than 175 percent; and (2) a bilateral trade surplus (an excess of the value of nonpetroleum exports to, divided by nonpetroleum imports from, the United States) that exceeds the bilateral trade surplus for such country for the year. Sets forth surplus reduction goals for major exporting countries designated as excessive and unwarranted trade surplus countries. Requires the USTR to try to negotiate a bilateral trade agreement to achieve such surplus reduction goals with each foreign country that is designated as an excessive and unwarranted trade surplus country. Requires the President, if the USTR's negotiations do not achieve such surplus reduction goals within a specified time, to: (1) suspend, withdraw, or prevent the application of benefits of trade agreement concessions with respect to such country; (2) impose other duties or other import restrictions on such country's products; (3) negotiate agreements with such country; and/or (4) implement other governmental action which would restore or improve the competitive position of U.S. industries with that country. Requires the President to impose such quotas on imports from such country as are necessary to meet the reduction for the next year if the action taken under (1) through (4) does not achieve the surplus reduction objective for that year. Authorizes the President, subject to congressional approval, to: (1) reduce the surplus reduction goal for any excessive and unwarranted trade surplus country if the President considers that such country cannot meet the goal without suffering significant economic harm and develops an alternative plan for achieving such goal; or (2) waive the taking of other action with respect to a trade surplus country if such action would cause substantial harm to the national economic interest and an alternative plan for achieving the surplus reduction goal is developed. Provides for the administration of the provisions relating to trade deficits. Subtitle B: Relief from Injury Caused by Import Competition, Subsidies, Dumping, and Unfair Trade Practices - Chapter 1: Relief from Injury Caused by Import Competition - Requires petitions for import relief to: (1) include a statement describing the specific purposes for which import relief is being sought; (2) if critical circumstances are alleged to exist, include information supporting that allegation; and (3) if desired by the petitioner, request the preparation of an industry adjustment plan. Authorizes petitioners alleging import competition from a perishable product to request emergency action. Provides that the USTR, if the USTR makes a preliminary determination that critical circumstances exist: (1) shall order the suspension of the liquidation of all articles subject to such determination; and (2) may order the posting of a security deposit for the entry of articles subject to such suspension. Sets forth the duration of such actions. Prohibits taking such actions with respect to perishable products. Declares that critical circumstances exist if a substantial increase in the quantity of imports of an article over a relatively short time has led to circumstances in which a delay in granting effect import relief would cause harm that would significantly impair the effectiveness of such relief. Requires the USTR, if the petitioner requests an industry adjustment plan, to establish an industry advisory group which shall prepare the adjustment plan for the industry concerned and submit the plan to the ITC. Provides that such plan should contain: (1) an assessment of the industry's current problems and a strategy to enhance its competitiveness; (2) objectives and specific steps that could be undertaken to improve the industry's competitiveness; and (3) actions that Federal agencies could take to help achieve those objectives and to remedy the dislocation to workers and communities caused by import competition. Requires the USTR to try to obtain, on a confidential basis, information from workers and firms on: (1) how the workers and firms intend to act upon the objectives and steps specified in the plan; and (2) any other actions the workers or firms intend to take to foster such objectives. Requires the USTR to transmit such information to the ITC, the Secretary of Labor, and the Secretary of Commerce on a confidential basis. Requires the ITC to investigate whether an article is being imported in such increased quantities as to be a substantial cause of serious injury, or threat of injury, to the domestic industry producing an article like or directly competitive with the imported article upon: (1) the filing of a petition; (2) the request of the President or the USTR; (3) resolution of either the House of Representatives Ways and Means Committee or the Senate Finance Committee; or (4) its own motion. Sets forth economic factors that the ITC shall consider in making its determination. Defines "domestic industry" for purposes of making such determination. Requires the ITC, in the course of any such investigation, to: (1) investigate and report on efforts by firms and workers in the industry to increase the industry's competitiveness; (2) investigate any factor which may be contributing to increased imports of the article under investigation and notify the appropriate agency if the ITC has reason to believe that dumping is causing the increased imports; and (3) hold public hearings on the subject of the investigation. Requires the ITC, if it finds that serious injury or threat of serious injury exists, to: (1) determine the import relief that is necessary to prevent or remedy that injury or threat; and (2) if the petition alleged critical circumstances, determine if critical circumstances exist. Requires the ITC to report its findings to the USTR within six months of the date the petition is filed. Sets forth information to be included in the report, including a copy of the industry adjustment plan and an estimate of the effect of the recommended import relief on consumers and competitors in the domestic markets. Requires the ITC, within 48 hours of finding that serious injury or the threat of serious injury exists with respect to any article, to notify the Secretary of Labor and the Secretary of Commerce of: (1) the finding; (2) the identity of the domestic producers and products within the scope of the finding; and (3) all nonconfidential information obtained by the ITC that may be relevant to a determination of eligibility for adjustment assistance. Prohibits another import relief investigation with respect to the same subject matter unless one year has passed since the ITC's report or the ITC determines that good cause for such repeat investigation exists. Requires the USTR, after receiving an ITC report with an affirmative finding of injurious increased imports, to provide import relief (for up to five years) in order to prevent the injury and to facilitate the industry's orderly adjustment to competition, unless providing import relief is not in the national economic interest. Authorizes the USTR to condition the provision of import relief on compliance with the industry adjustment plan. Sets a 60-day deadline for the USTR to make such determinations. Sets forth factors the USTR shall consider in determining whether to provide import relief. Authorizes the USTR to request a supplemental report from the ITC which shall be provided by the ITC within 30 days. Requires the USTR to submit to the Congress for review: (1) the determination of what import relief to provide (and if such relief differs from the ITC's recommendation, the reasons for such difference) and its likely impact on U.S. agricultural exports; (2) if the USTR determines that import relief is not in the national economic interest, the reasons for such determination; or (3) notice of and the rationale for any other import relief action implemented by the USTR. Requires the implementation of the import relief recommended by the ITC if the Congress vetoes a USTR determination not to provide import relief or to provide import relief different from the import relief recommended by the ITC. Requires the import relief to be implemented within a specified time unless the USTR decides to negotiate an orderly marketing agreement. Authorizes the USTR to negotiate orderly marketing agreements and, after such agreements take effect, to suspend or terminate any import relief previously provided. Authorizes the USTR to provide other import relief if after being negotiated an orderly marketing agreement does not continue to be effective. Provides for treating as an increase in duty the suspension of: (1) certain tariff provisions with respect to an article; and (2) the designation of any article as eligible for tariff preferences. Prohibits such suspension from being made by the USTR or recommended by the ITC unless specified conditions are met. Sets forth regulatory authority for providing import relief. Provides for the extension, modification, and termination of import relief provisions. Requires the ITC to review, and report annually to the USTR on, developments with respect to an industry receiving import relief so long as such relief remains in effect. Requires the ITC to advise the USTR on the probable economic effect on the industry concerned of the extension, reduction, or termination of the import relief. Prohibits another ITC import relief investigation with respect to an article unless two years have passed since the previous relief was provided. Authorizes the USTR to take import relief actions only after consideration of the relation of such actions to U.S. international obligations. Imposes certain conditions on treating production located in a major geographic area as the "domestic industry" for import relief purposes. Authorizes an import relief petitioner who alleged injury from imports of a perishable product to file, in addition, a request with the Secretary of Agriculture that emergency action be taken with respect to that product. Requires the Secretary of Agriculture to decide, within 20 days: (1) whether there is reason to believe that the perishable product is being imported in such increased quantities as to be a substantial cause of, or threat of, serious injury to the competing domestic industry; and (2) if there is such reason to believe, whether emergency action is warranted. Provides for refiling, after a specified time, a request for emergency action if the Secretary denies the first request. Requires the Secretary of Agriculture, if the Secretary decides to grant such request, to: (1) determine the method and extent of emergency action to be imposed; (2) notify the USTR of such request; and (3) unless the USTR decides within seven days that such action is not in the national economic interest, order the Commissioner of Customs to take such action. Defines emergency action as: (1) an increase in, or the imposition of, a duty; and/or (2) a modification of, or the imposition of, a quota on imports of such article. Imposes different emergency actions for perishable products from Israel or certain Caribbean countries. Provides for termination of an emergency action under specified conditions. Amends the Trade and Tariff Act of 1984 to add Chinese gooseberries to the definition of the term perishable products. Establishes in the Treasury an Adjustment Assistance Trust Fund that shall consist of the funds generated by certain import provisions and by the public auctioning of import licenses. Requires the amounts in the Trust Fund to be used for trade adjustment assistance for workers and firms. Requires that expedited consideration be given to petitions for certification of eligibility for adjustment assistance by: (1) workers in a domestic industry which the ITC, within the three years preceding the petition, has determined was seriously injured by imports; and (2) firms which are a part of such a domestic industry. Transfers from the President to the USTR the authority to take action in response to an ITC finding of market disruption with respect to imports from a non-market economy country (defined as a country dominated or controlled by communism). Declares that market disruption exists within a domestic industry whenever an article is being imported in such increased quantities as to be an important cause of, or threat of, material injury to the competing domestic industry. Sets forth factors the ITC shall consider in determining whether market disruption exists. Authorizes the ITC to recommend, in addition to other relief, a variable tariff based on a comparison of average domestic producer prices and average import prices. Authorizes the USTR to deny import relief with respect to imports from non-market economy countries only if the provision of such relief would have a serious negative impact on the domestic economy. Chapter 2: Amendments to the Countervailing and Antidumping Duty Laws - Amends the Tariff Act of 1930 to provide that certain producers of raw agricultural products may be considered part of the industry producing processed agricultural products for purposes of bringing countervailing and antidumping duty complaints. Sets forth the criteria such producers must meet. Defines "material injury" for purposes of complaints involving imports of a raw agricultural product and products processed from such raw agricultural product. Classifies a coalition or trade association which represents either processors or processors and producers as interested parties in such investigations. Includes within the definition of domestic subsidy (and therefore subject to countervailing duties) the provision of capital, loans, or loan guarantees at preferential rates and the provision of goods or services on terms inconsistent with commercial considerations. Requires the ITC, in determining whether material injury occurred in an antidumping or countervailing duty case, to assess cumulatively the volume and effect of imports from two or more countries of like products if such imports compete with each other and with like products of the domestic industry in the U.S. market and if such imports: (1) are subject to any countervailing or antidumping duty; or (2) during the preceding 12 months were subjected to a final order, suspension agreement, or quantitative restraint resulting from such an investigation. Adds to the factors that the ITC must consider in determining whether threat of material injury exists: (1) evidence of export targeting by a foreign government; (2) the extent to which the United States is a focal point for exports because of market barriers in third countries; and (3) in dumping cases, dumping findings in other countries against the same exporter. Requires the ITC in such dumping cases to request information from the foreign exporter or U.S. importer on threat of material injury. Authorizes the ITC to draw adverse inferences if such information is not produced. Imposes special rules for determinations of the existence or threat of material injury involving fungible products. Includes in the definition of "subsidy" (for antidumping and countervailing duty purposes) any resource input subsidy. States that a "resource input subsidy" exists if: (1) (a) a product is provided or sold by a government-regulated entity for input use within such country at a domestic price that is lower than the fair market value of the input product and is not freely available to U.S. producers; and (b) a product would, if sold at the fair market value, constitute a significant portion of the total cost of the merchandise in or for which the input product is used; or (2) under specified circumstances, the right to remove such product is provided by that country's government. Sets forth the method of calculating the amount of a resource input subsidy. Defines "fair market value" and "input use." Requires injury determinations by the ITC to be made in all countervailing duty investigations relating to the existence of resource input subsidies. Requires the administering authority to adjust the foreign market value of an import if the administering authority determines in an antidumping investigation that: (1) a dumped input product is incorporated into or used in the manufacture or production of the import subject to the investigation; and (2) the manufacturer or producer of such import purchased the dumped input product for a price that is less than the adjusted foreign market value of that product. Defines "dumped input product" to be merchandise subject to an antidumping duty order or to a specified international agreement. Authorizes any domestic producer of an article that is like a "component part" or a "downstream product" to petition the administering authority to designate a downstream product for monitoring. Defines "component part" to mean an import that: (1) during the five years preceding the petition has been subject to a countervailing or antidumping duty order or agreement; and (2) is used routinely as a major part in other manufactured articles. Defines "downstream product" to mean any import into which is incorporated any component part. Sets forth information to be included in the petition. Requires the administering authority, within 14 days of receiving the petition, to determine whether there is a reasonable likelihood that imports of the downstream product will increase as an indirect result of any diversion of such component parts. Sets forth factors to be considered in making such determination. Requires the administering authority to notify the ITC if such determination is affirmative. Requires the ITC to monitor, and report on, the levels of trade in downstream products. Requires the administering authority to: (1) consider the reports in determining whether to initiate an antidumping or countervailing duty investigation on any downstream product; and (2) request the ITC to stop monitoring such product if the reports indicate that imports are not increasing and there is no reasonable likelihood of diversionary dumping of component parts. Creates a right to a private remedy for injury resulting from dumping. Authorizes eligible parties to sue for damages in the Court of International Trade: (1) any manufacturer of the dumped merchandise; and (2) any exporter, importer, or consignee who knew or had reason to know that the merchandise was sold at less than fair value. Provides that merchandise imported by or for the use of Federal agencies is not exempt from the imposition of countervailing or antidumping duties. Changes the limits imposed on access to confidential information obtained by the administering authority. Requires the administering authority to make all such information available under protective order. Imposes a 14-day deadline for determining whether to release such information. Prohibits the administering authority from considering confidential information in its investigation if the person submitting such information refuses to disclose it pursuant to a protective order. Imposes certain other requirements on service of such information, notification of the submission of such information, and timely submissions. Prohibits antidumping and countervailing duties from being treated as regular customs duties for drawback purposes. Requires persons making submissions to the administering authority or the ITC in antidumping or countervailing duty proceedings to certify that such submissions are accurate and complete to the best of that person's knowledge. Chapter 3: Intellectual Property Rights - Makes unlawful the unauthorized importation or unauthorized sale within the United States after importation of articles that: (1) infringe a valid and enforceable U.S. patent or copyright; or (2) are made under, or by means of, a patented process. Makes it unlawful to import or sell within the United States after importation articles that infringe a valid and enforceable U.S. trademark, if the manufacture or production of such article was unauthorized. Makes it unlawful to import a semiconductor chip product in a manner that constitutes infringement of a registered mask work. Declares that such prohibitions shall apply only if there is an existing or nascent U.S. industry relating to the articles or intellectual property. Authorizes the ITC to terminate an investigation by issuing a consent order or on the basis of a settlement agreement. Requires the ITC to make a determination with regard to a petition alleging unfair import practices within 90 days (150 days in more complicated cases) of the publication of notice of the investigation. Authorizes the ITC to grant preliminary relief with respect to violations involving intellectual property to the same extent as authorized under the Federal Rules of Civil Procedure. Authorizes the ITC to issue cease and desist orders in addition to exclusion orders. Increases the penalty for violations of such orders. Transfers from the President to the USTR the authority to overrule for policy reasons ITC determinations of unfair import practices. Provides for default judgments against nonrespondents in unfair import practice cases unless the ITC determines that specified circumstances preclude such judgments. Authorizes the ITC to promulgate rules that establish sanctions for abuse of discovery and abuse of process. Imposes the burden of proof on the petitioner in cases where the petitioner has previously been found in violation of the provision prohibiting unfair import practices and the petitioner is asking the ITC: (1) to find that the petitioner is no longer violating the section; or (2) for a modification or rescission of the penalty imposed on such petitioner. Sets forth the grounds for granting such relief. Prohibits disclosure (except to certain ITC and Customs Service employees) of confidential information submitted to the ITC unless the petitioner consents to disclosure. Requires the USTR to prepare a list annually of those foreign countries that maintain the most significant barriers to market access for U.S. persons that rely on intellectual property protection. Requires the USTR, in order to create such list, to: (1) identify and analyze the market barriers of a country to certain intellectual property that is exported or licensed by U.S. persons that rely on intellectual property protection; (2) estimate the trade-distorting impact on U.S. commerce of such country's market barriers; (3) decide whether the potential market in that country is substantial; and (4) take into account certain other information submitted by persons who rely on intellectual property protection. Designates countries which have the largest potential markets or have the most onerous market barriers as priority countries for negotiating purposes. Authorizes the USTR to exempt a foreign country from such negotiations if negotiations would be detrimental to U.S. interests. Requires negotiations and consultations with priority countries according to a specified timetable in order to seek trade agreements which reduce or eliminate market barriers for U.S. persons who rely on intellectual property protection. Authorizes the President, within five years of enactment of this Act, to enter into agreements which meet such objective. Authorizes the President to take certain other actions if the President is not able to enter into such an agreement with a priority country within a specified time. Requires the President to report to the Congress on a biennial basis on efforts to obtain market access in priority countries. Sets forth information to be included in such report. Requires the USTR to consult with the appropriate congressional committees, Federal agencies, private persons, and certain advisory committees: (1) before identifying the market barriers, determining priority countries, and establishing the timetable; (2) in conducting negotiations; (3) in developing the report; and (4) in determining certain other actions. Requires the principal negotiating objectives with respect to intellectual property rights to be: (1) to seek enactment and effective enforcement by foreign countries of laws that protect intellectual property; and (2) to develop and strengthen international rules and dispute settlement procedures against trade-distorting practices arising from inadequate national protection and enforcement of intellectual property rights. Subtitle C: Trade Negotiating Objectives and Authority - Amends the Trade Act of 1974 to provide that the overall trade negotiating objectives of the United States are to: (1) achieve a more open, fair, and nondiscriminatory international trading system; (2) obtain equitable and reciprocal competitive opportunities for U.S. manufacturing, mining, agriculture, and service in foreign markets; and (3) expand and improve the rules and procedures of the GATT. Sets forth the principal U.S. trade negotiating objectives. Declares that the overall and principal trade negotiating objectives are to be achieved through multilateral trade agreements (unless other agreements would be more effective) that provide for: (1) the reduction or elimination of trade barriers; and (2) the development, clarification, or extension of principals governing international trade. Authorizes the President, through January 3, 1989, to enter into trade agreements and to proclaim modifications or continuation of existing duties or duty-free treatment as of January 1, 1987, or additional duties as required or appropriate. Extends the authority of the President to enter into nontariff barrier agreements or bilateral tariff agreements until January 3, 1989. Extends the President's authority to enter into tariff and nontariff barrier agreements for an additional two years (until January 3, 1991) if, by November 3, 1988, USTR certifies to specified congressional committees that: (1) sufficient progress has been made under the trade agreement authority to justify the continuation of negotiations; and (2) such continuation is likely to achieve the overall and principal U.S. negotiating objectives. Prohibits the President from proclaiming, under the President's tariff agreement authority, the reduction or elimination of any duty on any article that, on the date of enactment of this Act, was not designated an eligible article under the Generalized System of Preferences. Requires congressional approval of any provision of a trade agreement entered into under the President's tariff agreement authority that reduces or modifies the duty on such articles. Requires the Commissioner of Customs, in the implementation of certain bilateral trade agreements with a foreign country, to prevent the transshipment through such country of articles subject to quantitative import restrictions under U.S. law. Requires certain additional information to be included in the consultations with congressional committees prior to entry into force of trade agreements. Sets froth information that must be included in the President's statement to the Congress accompanying a trade agreement. Requires the President, if appropriate, to recommend to the Congress in the implementing bill submitted with respect to a trade agreement that the benefits and obligations of such agreement apply solely to the parties to such agreement. Prohibits any nontariff trade agreement from entering into force from the date of enactment of this Act until the earlier of: (1) a specified international conference on the exchange rate system is convened; or (2) the President reports that such conference cannot be convened because of unwillingness of a major currency country to participate. Authorizes the President to take compensatory actions whenever certain import relief measures or tariff reclassifications occur, only if necessary to meet U.S. international obligations. Grants the President the authority, for five years, to enter into tariff agreements with Canada relating to, and to proclaim tariff modifications or eliminations, on: (1) frozen cranberries; (2) dialysis cyclers; (3) packaging goods for tea; (4) dried fababeans; (5) cat litter; (6) mechanics' tool boxes; (7) medical tubing; (8) synthetic fireplace materials; (9) spirits; (10) miners' safety lamps, components, and battery chargers; and (11) computerized paper cutter control retrofit units. Requires the President to exercise such authority only to the extent that Canada grants equivalent tariff reductions. Requires certain private sector advisory committees to report to the Congress on the extent each trade agreement achieves U.S. trade negotiating objectives. Requires each report by a private sector advisory committee on a trade agreement to be submitted to the Congress by the date that the draft implementing bill is submitted to the Congress. Requires the principal U.S. negotiating objectives regarding high technology access to be to eliminate or reduce foreign barriers to, and foreign government practices which limit, equitable access by U.S. persons to foreign-developed technology. Requires the United States, in pursuing such objectives, to take into account U.S. policies in licensing or making available to foreign persons U.S. developed technology. Subtitle D: Functions of the United States Trade Representative - Requires the USTR to: (1) have primary responsibility for U.S. international trade policy; (2) serve as principal advisor to the President on such policy and advise the President on the impact of other policies on international trade; (3) have lead responsibility for the conduct of, and be chief U.S. representative for, international trade negotiations; (4) issue trade policy guidance to other agencies; (5) act as principal spokesman for the President on international trade; (6) report to the President and the Congress on trade agreement programs and other trade issues; (7) advise the President and the Congress on trade agreement programs; and (8) be chairman of a specified interagency trade organization and consult with such committee in the performance of USTR functions. Sets forth the membership and functions of the interagency trade organization. Establishes in the Office of the USTR a Fair Trade Advocates Branch which shall assist qualifying industries in obtaining benefits under the trade laws: (1) by preparing and initiating cases for qualifying industries under the trade laws; (2) acting as an advocate in the proceedings of such cases; and (3) in pursuing administrative and judicial appeals of such cases. Requires the USTR to submit an annual statement to specified congressional committees of: (1) U.S. trade policy objectives and priorities; (2) the actions proposed or anticipated to be undertaken during the year to achieve such objectives; and (3) any proposed legislation to achieve such objectives. Requires the USTR to seek advice from certain advisory committees and congressional committees before submitting such statement. Requires the USTR and other Federal officials to consult with congressional committees with respect to actions which may require or result in changes in trade objectives or priorities. Subtitle E: Miscellaneous Trade Law Provisions - Amends the Trade Expansion Act of 1962 to require the Secretary of Commerce to report, within 90 days (180 days in extraordinarily complicated investigations), the Secretary's findings on the effects on national security of certain imports. Requires the President, within 30 days if the Secretary of Commerce finds that imports of an article are threatening national security, to: (1) determine whether the President concurs with the Secretary; (2) if the President concurs, determine what action to take; and (3) report to the Congress on such determination. Requires the President to take action within 15 days of determining to take action to adjust such imports. Amends the Trade Act of 1974 to require the President, after January 4, 1987, to waive the competitive need limits with respect to a country eligible for preferences under the Generalized System of Preferences if that country: (1) qualifies for a waiver under specified criteria; (2) is a Latin American debtor country having difficulty servicing its debt; and (3) has not less than 20 percent of its debt held by any combination of U.S. banks, the International Monetary Fund, and the World Bank. Sets forth a formula for allocating such benefits. Transfers from the President to the USTR all functions, authorities, and determinations of the President under the Generalized System of Preferences. Amends the Tariff Act of 1930 to require the President's appointment of the chairman and vice-chairman of the ITC to be made with the advice and consent of the Senate. Deletes the restriction on appointing as chairman or vice-chairman the two most recently appointed commissioners. Directs the Secretary to prohibit for three years any multiple customs law offender from: (1) introducing or trying to introduce foreign goods or services into U.S. commerce; and (2) engaging or trying to engage any other person to introduce, on such offender's behalf, foreign goods into U.S. commerce. Provides for identifying such multiple offenders. Sets the penalty for violations of such prohibition. Expresses the sense of the Congress that: (1) the President should direct the USTR to negotiate an agreement with Japan under which Japan will import U.S. metallurgical coal in quantities equivalent to that used in the production of Japanese steel products that are exported to the United States; and (2) the President should report to the Congress by November 1, 1987, on such negotiations. Amends the Steel Import Stabilization Act to provide that any steel product that is manufactured in a country that is not party to a bilateral arrangement (a non-arrangement country) from steel which is melted and poured in a country that is an arrangement country will be treated for purposes of the quantitative restrictions under that arrangement as if it were a product of an arrangement country. Requires the Customs Service, if provided with documentation that a steel product was exported by an arrangement country to a non-arrangement country where the product was transformed for export to the United States, to treat such documented product as if it were a product of the arrangement country for purposes of quantitative restrictions. Requires the ITC to monitor, and report to the Congress on, imports that may pose significant problems from import competition for U.S. industries. Amends the Tariff Act of 1930 to prohibit the ITC from releasing certain confidential information unless the party who submitted such information consents to its release. Designates the ITC an independent regulatory agency for purposes of the Paperwork Reduction Act of 1980 (allowing the ITC to override disapproval by the Office of Management and Budget of the issuance of a questionnaire to members of the public). Expresses the sense of the Congress that: (1) Japan should allow U.S. semiconductor manufacturers full and substantial access to the Japanese semiconductor market; and (2) the President should take all appropriate action to achieve access to the Japanese semiconductor market for U.S. manufacturers and should determine if Japanese market restrictions warrant a U.S. response. Title II: International Trade in Telecommunications Products and Services - Telecommunications Trade Act of 1986 - Sets forth the findings and purposes of this Act. Declares that the primary U.S. negotiating objectives regarding telecommunications products and services are to provide for: (1) the nondiscriminatory procurement of such products and services by foreign government-controlled entities that provide local exchange telecommunications services; (2) assurances that registration requirements for customer premises products be limited to a manufacturer's certification that the products meet certain safety standards; (3) openness in the standards-setting processes used in foreign countries; (4) the ability to have customer premises products approved and registered by type and mutual recognition of type approvals; (5) access to the basic telecommunications network in foreign countries on reasonable and nondiscriminatory terms for the provision of value-added services by U.S. suppliers; and (6) monitoring and effective dispute settlement provisions regarding the above issues. Sets forth seven secondary U.S. negotiating objectives. Requires the USTR, in consultation with the Secretary of Commerce and specified interagency trade organization, to investigate each foreign country in order to: (1) identify and analyze those trade policies and practices that deny fully competitive market opportunities to U.S. telecommunications firms; and (2) establish specific primary and secondary negotiating objectives. Authorizes the USTR to exclude any foreign country from such investigations if the potential telecommunications market in that country is not substantial. Requires such investigations to be completed within 180 days of enactment of this Act. Authorizes the USTR, sua sponte or upon petition, to investigate other foreign countries after the above investigations are completed. Requires such investigations to be completed within 180 days. Requires the USTR to: (1) review at least annually the potential market for U.S. products and services in countries that were excluded from such investigations; and (2) undertake such an investigation if the USTR considers such market to be substantial. Requires the USTR to report to specified congressional committees on the results of any such investigation. Requires the President to enter into negotiations with the foreign country or countries subject to such investigations in order to enter into trade agreements which achieve the specific primary and secondary negotiating objectives established by this Act. Provides that if the President is unable, during the negotiating period (18 months after enactment of this Act for countries that have a substantial market for U.S. telecommunications firms and 12 months for certain other countries), to enter into a trade agreement which achieves the primary and secondary negotiating objectives, the President: (1) shall take whatever actions are authorized to achieve the primary objectives not covered by agreement; and (2) may take whatever actions are authorized to achieve the secondary objectives not covered by agreement. Provides for extending the negotiating period under certain circumstances. Requires the President to take those actions which most directly affect telecommunications trade with such country. Authorizes the President to take any of the following actions: (1) terminate, withdraw, or suspend any portion of any trade agreement relating to a U.S. duty or import restriction on telecommunications products; (2) take any action described in section 301 of the Trade Act of 1974; (3) prohibit the Federal Government from purchasing specified telecommunications products; (4) increase certain domestic preferences for Federal purchases of such products; (5) suspend any waiver of such domestic preferences for such products; (6) deny Federal funds or credits for purchases of specified telecommunications products of any specified foreign country; or (7) suspend benefits accorded articles from specified countries under the Generalized System of Preferences under the Trade Act of 1974. Authorizes the President to modify or terminate any such action if and only if a foreign country enters into a trade agreement that achieves the specific negotiating objective regarding which such action was taken. Requires the President to inform specified congressional committees of any such action. Requires the USTR to review annually each trade agreement to determine whether any foreign country's act, policy, or practice: (1) does not comply with the agreement; or (2) otherwise denies fully competitive market opportunities in that country to U.S. telecommunications firms. Requires the USTR, if the foreign country is not in compliance with a trade agreement or denies market opportunities to U.S. firms, to take certain actions to: (1) offset such foreign act, policy, or practice; and (2) restore the balance of concessions in telecommunications trade. Sets forth the actions the USTR may take under such circumstances. Authorizes the USTR to modify or terminate any such action if and only if the foreign country has taken appropriate remedial action. Requires the USTR to inform specified congressional committees of any such action, modification, or termination. Requires the President and the USTR to consult with the Secretary of Commerce, a specified interagency trade organization, and the private sector on what types of action to take if the President has been unable to enter into a trade agreement with a foreign country on telecommunications issues or if a foreign country is not complying with a trade agreement or otherwise denies market opportunities to U.S. telecommunications firms. Requires the President to keep the appropriate congressional committees and other advisory committees informed with respect to: (1) the negotiating priorities and objectives for each country; (2) the assessment of negotiating prospects; and (3) any U.S. concessions. Authorizes the President, during the 42 months following enactment of this Act, to enter into trade agreements to achieve the primary and secondary negotiating objectives established under this Act. Authorizes the trade agreements to provide for: (1) the harmonization, reduction, or elimination of duties or trade restrictions, barriers, or other distortions; or (2) the prohibition of, or limitations on, the imposition of duties or trade restrictions, barriers, or other distortions. Provides for the implementation of any such trade agreement through legislation or, if the agreement provides solely for unilateral concessions by a foreign country to the United States, by presidential proclamation. Provides that the benefits of any such agreement may apply solely to the parties to the agreement or not apply uniformly to all parties to such agreement. Authorizes the President to enter into trade agreements with a foreign country to grant concessions as compensation in order to maintain the general level of reciprocal and mutually advantageous concessions if: (1) the President has taken action in response to investigations by the USTR; or (2) the USTR takes action because a foreign country is not complying with a trade agreement or otherwise denies market opportunities to U.S. firms; and (3) such action is inconsistent with U.S. international obligations. Provides for implementation of such trade agreements. Title III: Export Enhancement - Export Enhancement Act of 1986 - Subtitle A: Export Promotion - Directs the Secretary of Commerce to establish within the International Trade Administration the United States and Foreign Commercial Service (Commercial Service). Transfers to the Commercial Service the functions of the United States and Foreign Commercial Service. Declares that the purpose of the Commercial Service is to promote and protect U.S. business interests abroad. Requires the Commercial Service to place primary emphasis on the promotion of U.S. exports, particularly from small and medium-sized businesses. Sets forth activities to be carried out by the Commercial Service. Sets forth administration provisions governing the Commercial Service. Requires the Secretary of State and the Secretary of Commerce to review periodically the current number of personnel assigned to U.S. diplomatic missions abroad to determine whether an adequate number of such personnel are engaged in economic or commercial duties to assist U.S. exporters and businesses doing business abroad. Requires annual reports from each major U.S. diplomatic mission to the President and the Congress on: (1) the mission's strategy to expand U.S. exports; and (2) the mission's efforts to assist U.S. industries in expanding export sales and improving their market position. Amends the Export Administration Amendments Act of 1985 to authorize the Secretary of Commerce to establish a Market Development Cooperator Program the purpose of which is to develop, maintain, and expand foreign markets for nonagricultural goods and services produced in the United States. Authorizes the Secretary of Commerce to enter into contracts with nonprofit industry organizations, trade associations, State and regional trade agencies, and other private industry associations to engage in activities in order to: (1) identify market opportunities; (2) introduce new products and processes; (3) eliminate trade and technical barriers; and (4) improve economic and trade relations between the United States and other countries. Defines the Market Development Cooperator Program as an export promotion program. Declares that it is U.S. policy to: (1) provide agricultural commodities for export; (2) support the principal of free trade; (3) support the negotiating objectives set forth in the Comprehensive Trade Policy Reform Act of 1986; (4) counter unfair trade practices and to use all available means to encourage fair and more open trade; and (5) provide for increased representation of U.S. agricultural trade interests in the formation of fiscal and monetary policy affecting trade. Amends the Agricultural Trade Development and Assistance Act of 1954 (Public Law 480) to include U.S. wood and wood products among the agricultural commodities that may be used in development projects funded by local currency generated by Public Law 480. Includes the construction of low- and medium-income housing within the definition of the terms "private sector development activity" and "private enterprise investment" as used in the private enterprise promotion provisions of such Act. Authorizes the Secretary of Agriculture to expand the number of agricultural counselors and other Department of Agriculture representatives overseas. Requires the Secretary of Agriculture to assist State agriculture departments in supporting export efforts of private companies. Amends the Agricultural Trade and Export Policy Commission Act to terminate the Agricultural Trade and Export Policy Commission within 90 days of transmission of its final report. Authorizes appropriations to the Secretary of Agriculture to conduct research that would enhance the long-term competitiveness in world markets of U.S. agricultural exports. Requires the Secretary of Agriculture to: (1) monitor foreign research and trade practices carried out to promote agricultural exports; and (2) report annually to the Congress on trends in the competitive position of U.S. agricultural exports in the world market, foreign agricultural research developments, foreign agricultural export subsidies, and the marketing in nonmarket economies of U.S. agricultural exports. Expresses the sense of the Congress that the availability of Federal export financing contributes to the maintenance and expansion of U.S. exports and can serve to reverse the trend toward overseas production. Directs the Secretary of State to report annually to specified congressional committees on the economic policy and trade practices of each country with which the United States has an economic or trade relationship. Sets forth information to be included in such report. Amends the Export Administration Amendments Act of 1985 to authorize appropriations for FY 1987 and 1988 to the Department of Commerce for export promotion programs. Subtitle B: Export Controls - Amends the Export Administration Act of 1979 to prohibit the export of any domestically produced crude oil unless specified conditions are met. (Current law applies such conditions only to exports of oil transported over the Trans-Alaska Pipeline.) Permits the use of distribution licenses for exports to China. Prohibits requiring permission to reexport goods subject to U.S. jurisdiction: (1) to or from any country which maintains export controls on such goods cooperatively with the United States pursuant to certain agreements; or (2) from any country when the goods to be reexported are incorporated in other goods and do not exceed $10,000 in value and do not constitute more than 20 percent of the value of the goods in which they are incorporated. Prohibits requiring permission to export (to countries other than controlled countries) goods or technology which, if exported pursuant to the COCOM agreement (Coordinating Committee on Export Controls), would require only notification of COCOM governments. Authorizes the Secretary of Commerce to require exporters of such goods to such countries to notify the Department of Commerce of those exports. Provides for quarterly partial reviews of the control list of goods subject to export controls. Requires all goods and technology on the list to be reviewed at least annually. Requires the Secretary of Defense to review the goods on the list of militarily critical technologies on an ongoing basis. (Currently such review is required at least annually.) Requires the Secretary of Commerce, in consultation with the Secretary of Defense, to identify those goods subject to national security export controls which contribute least directly to the military potential of any controlled country and which constitute about 40 percent of all national security export controls. Requires the list of such goods to include all medical instruments and equipment and goods so widely available that export controls are ineffective. Requires the Secretary of Commerce to submit such list to the Congress and to the Coordinating Committee, within one year of enactment of this Act, together with the total number of goods subject to national security export controls. Provides for a gradual 40 percent reduction of the number of goods subject to such controls. Requires the Secretary of Commerce to review the foreign availability (to countries subject to national security export controls) of goods subject to such controls from sources outside the United States, including sources within such countries. Prohibits requiring a validated export license for exports of such goods to such countries during the period of foreign availability. Differentiates between cases of foreign availability in China and cases of foreign availability in other controlled countries. Requires the President to pursue negotiations to remove the foreign availability of such exports in any case in which national security export controls are maintained with respect to controlled countries (other than China). Requires the Secretary of State, in any case where national security export controls are maintained with respect to China or any noncontrolled country notwithstanding foreign availability in such country, to pursue negotiations with the country involved. Prohibits requiring a validated license for exports to such country if such negotiations produce an agreement providing for export controls by such country and, one year after the country has maintained such controls, the Secretary of State determines that such controls are comparable to the national security export controls imposed by the United States. Provides that such negotiations be carried out when certain technical advisory committees determine that the goods or technology with respect to which such committees were appointed have become available to a country subject to national security export controls. Imposes a timetable for responses by the Secretary of Commerce to allegations by export license applicants that foreign availability exists. Defines foreign availability in controlled countries to include availability of any goods or technology in any country: (1) from which such goods or technology is not restricted for export to any controlled country; or (2) in which such export restrictions are determined to be ineffective. Requires the President to include industry representatives in the U.S. delegation to the Coordinating Committee for purposes of reviewing the control list. Prohibits the Customs Service from seizing or detaining for more than ten days any shipment of goods or technology which are ineligible for export under a general license. Authorizes appropriations to the Department of Commerce for FY 1987 and 1988 to carry out the Export Administration Act of 1979. Authorizes appropriations to the Customs Service for FY 1987 and 1988 to enforce the export controls under such Act. Requires the Comptroller General of the United States to evaluate and report to the Congress on the activities of the Department of Defense regarding the review of export license applications for the exports to noncontrolled countries. Subtitle C: Debt, Development, and World Growth - Requires the President and the Secretary of the Treasury to take the necessary steps to continue ongoing negotiations with West Germany, the United Kingdom, France, and Japan and to initiate negotiations with other countries in order to: (1) coordinate macroeconomic policies so as to promote stable exchange rates and growth patterns; (2) achieve expansionist economic policies and agreements which have the specified purpose of increasing the market for U.S. exports and exports from developing countries; (3) promote growth-oriented economic policies; (4) encourage countries to base growth on a balance of foreign and domestic demand and to discourage excessive reliance on exports for growth; and (5) advise U.S. trading partners that the United States is prepared to retaliate in cases involving unfair trade practices. Declares that a key U.S. objective in economic summits is to obtain the agreement of the participants to adopt growth-oriented national economic policies and to increase the size of the market for U.S. exports and exports from developing countries. Requires such objective to be placed on the agenda of all economic summits to which the United States is a party. Requires reports to the Congress on such meetings. Expresses the sense of the Congress that increases in the development of developing countries and the economic recovery of the United States and other industrialized countries can only be assured if world trade is expanded and market access for all countries is increased. Declares that it is U.S. policy that any foreign assistance provided by the United States to developing countries shall be consistent with and supportive of long-term trade liberalization in those countries. Reaffirms congressional support for the Overseas Private Investment Corporation (OPIC). Declares that OPIC should increase its loan guaranty and direct investment programs. Amends the Foreign Assistance Act of 1961 to require OPIC to issue at least a specified amount in guaranties and to make loans in at least a specified amount in each fiscal year. Provides for an increase in OPIC staff to administer its expanded programs. Reaffirms congressional support for the Trade and Development Program. Increases the authorized appropriations for FY 1987 for such program. Establishes such program as an independent agency of the International Development Cooperation Agency. Directs the President to establish an interagency group on countertrade which shall review U.S. policy on countertrade and make recommendations on the use of countertrade for enhancing economic assistance programs. Subtitle D: Protection of United States Business Interests Abroad - Expresses the sense of the Congress regarding international protection of intellectual property. Subtitle E: Miscellaneous Provisions - Amends the Trading with the Enemy Act to delete the provisions which set forth the duties of the Office of Alien Property. Directs the Attorney General to cover into the Treasury, to the credit of miscellaneous receipts, all sums from property vested in or transferred to the Attorney General under the Trading with the Enemy Act: (1) which is received after enactment of this Act; or (2) which is received before such time and which had not yet been covered into the Treasury, other than any such sums which are the subject matter of a judicial action or proceeding. Deletes the provision requiring an annual report on all proceedings under such Act. Exempts from import restrictions under such Act the importation of informational materials from any country. Directs the President to establish an interagency group to be known as the United States-Mexico Bilateral Commission which shall: (1) serve as the formal mechanism for the conduct of economic relations between the United States and Mexico; and (2) provide a channel of communication between the United States and Mexico pertaining to economic relations. Requires the Chairman of the Commission to report to the Congress every six months on the activities of the Commission. Expresses the sense of the Congress that the United States and Mexico should hold a bilateral economic summit. Sets forth the objectives of the summit. Urges the President to enter into negotiations with Mexico in order to begin talks between the United States and Mexico aimed at achieving such objectives. Title IV: Banking Committee Provisions - Subtitle A: Competitive Exchange Rate Act of 1986 - Competitive Exchange Rate Act of 1986 - Makes achievement of a competitive exchange rate for the dollar a top priority of the United States in international economic negotiations. Directs the President to seek to negotiate with other countries through an international conference in order to: (1) review the existing international exchange rate system; (2) develop an agenda for reform of that system to provide for long-term exchange rate stability; and (3) recommend proposals for better coordination of macroeconomic policies of the major industrialized nations and greater stability in trade, current account balances, and the exchange rates. Requires the Secretary of the Treasury to establish a Strategic Currency Reserve, consisting of assets denominated in foreign currencies purchased through intervention in the exchange markets, to be used as part of a coordinated international strategy to achieve exchange rate equilibrium and a competitive exchange rate for the dollar. Directs the Secretary, in coordination with the Chairman of the Federal Reserve Board, to purchase and sell foreign currencies from the Reserve at appropriate times to offset speculative movements of the dollar away from its competitive exchange rate or to assist the gradual movement of the dollar toward a competitive exchange rate. Requires the Secretary to submit to the House Committee on Banking, Finance and Urban Affairs and the Senate Committee on Banking, Housing, and Urban Affairs a biannual report on exchange rates. Sets forth specified information to be included in such reports. Directs each Committee to consult with the Secretary and report to its House on the Secretary's intended policies. Directs the Secretary to transmit to the Congress all official U.S. documents submitted to the International Monetary Fund in the course of any requested consultation with the United States and all Fund documents arising from that consultation. Subtitle B: International Debt, Trade, and Financial Stabilization Act, - Chapter 1: Short Title; Purposes; and Definitions - Cites this subtitle as the International Debt, Trade, and Financial Stabilization Act. Chapter 2: Measuring the Impact of the Debt Crisis on World Trade, Development, and Financial Stability - Sets forth congressional findings with respect to the impact of the debt crisis on world trade, development, and financial stability. Chapter 3: Increasing World Bank Effectiveness - Requires the Secretary of the Treasury to instruct the U.S. Executive Director of the International Bank for Reconstruction and Development (World Bank) to propose to the Bank's other directors that a temporary adjustment be made in current disbursement practices of such Bank that would permit, for at most four years, full release of committed loan funds to the central bank of the recipient country at the beginning of a project period, when appropriate and upon request of the recipient country to the extent that: (1) adequate accounting safeguards can be maintained to insure that the terms of the respective loan agreements are honored; and (2) the recipient country adequately describes how the accelerated disbursement will contribute to long-term economic growth. Requires the U.S. Executive Directors of the multilateral development banks to propose to the other directors of such banks that each bank's share of any project loan already approved and awaiting disbursement should be immediately increased by the appropriate amount taking into account the current ability of the recipient country to meet its counterpart funding requirements. Requires the U.S. Executive Director of the World Bank to propose to the other directors of the World Bank that: (1) an increase be made in the amount of structural adjustment lending by the World Bank and any percentage limitation on the number of structural adjustment loans in such bank's lending portfolio be removed (reflecting the U.S. policy of favoring the addition of structural adjustment lending to the bank's loan mix); (2) appropriate action be taken to insure that the aims of such lending can be achieved; (3) the conditionality of structural adjustment lending should include innovative requirements designed to minimize any adverse impact of such lending on the lowest income groups in the developing countries; and (4) appropriate action be taken to ensure that such lending is consistent with environmentally sound and responsible development practices. Requires the U.S. Director of the World Bank to propose to the other directors of such Bank the establishment of a fund within the World Bank that would make small-scale credit available to lower income groups in developing countries which have had no access to such credit. Requires the Secretary of the Treasury to report to specified congressional committees on the effectiveness of increased reliance on structural adjustment lending as a means of achieving economic reforms. Expresses the sense of the Congress that: (1) the problem of transfers of capital from developing countries must be solved before the international debt crisis can be resolved and economic growth in developing countries can be enhanced and sustained; and (2) the U.S. Executive Director of the World Bank should initiate discussions with other directors of the Bank to develop policy proposals to reduce the level of capital transfers from the developing countries and the impact of such capital flight on the economies of such countries and report any such proposal to the Secretary and the Chairman of the Federal Reserve Board. Requires U.S. Executive Directors of the multilateral development banks to propose to the other directors of their banks that each such bank should increase lending in order to reform the financial sectors of indebted developing countries. Requires the President to initiate negotiations with other member nations of the World Bank to: (1) provide for the establishment of a banking entity or affiliate which would be authorized to offer stock for public subscription and borrow money and issue bonds and notes; and (2) authorize such banking entity or affiliate to make or guarantee loans. Requires the Secretary of the Treasury to study the need for a general increase in the amount of capital of the World Bank. Requires the Secretary of the Treasury to report to specified congressional committees on the findings of such study. Chapter 4: Increasing World Trade and Economic Growth - Expresses the sense of the Congress that the expansion and liberalization of world trade can make an important contribution to the development of developing countries and sustained growth in other countries. Declares that it is the U.S. policy that any aid provided to developing nations shall be consistent with and supportive of long-term trade liberalization in those countries and in worldwide markets. Requires the U.S. Executive Directors of the multilateral development banks to: (1) propose to the other directors of their banks that all new loans or guarantees made by such banks shall be consistent with the reduction of existing trade and investment barriers or of market access limitations of the recipient countries; (2) vote against any loan that would be inconsistent with the advancement of trade liberalization and increased market access within recipient countries; (3) propose to the other directors of their banks that the structural adjustment loans and the sectoral loans not be approved until an assessment is made of the extent to which the extension of such loans will promote trade liberalization and market access; (4) provide information and assistance to U.S. firms interested in bidding on projects in recipient countries and investigate complaints by U.S. bidders about the awarding of bank procurement contracts; (5) promote opportunities for export from the United States; and (6) ensure that project loans do not contribute to world market surpluses. Requires the U.S. Director of the World Bank to propose to the other directors of the Bank that the Bank coordinate its actions more closely with the actions of the Contracting Parties to the GATT so that GATT actions that liberalize trade are rewarded by appropriate additional World Bank capital. Requires the U.S. Director of the World Bank to propose to the other directors of the Bank that the Bank seek GATT cooperation in acquiring information for and in preparing the bank's annual country-by-country review. Requires the Secretary of the Treasury to arrange for the appointment of a foreign commerce officer to serve with each of the U.S. Executive Directors of multilateral development banks. Requires the President and the Secretary of the Treasury to try to continue ongoing negotiations with West Germany, the United Kingdom, France, and Japan and to initiate negotiations with other countries in order to: (1) coordinate macroeconomic policies to promote economic growth and stable exchange rates; (2) achieve sustained economic growth and thereby increase the market for exports from the United States and developing countries; (3) promote growth-oriented economic policies; and (4) encourage all countries to base growth on a balance of foreign and domestic demand. Declares that a key U.S. objective in its participation in international economics or trade discussions is to encourage industrial countries to pursue policies that will promote economic growth and increase the size of the market for exports from the United States and the developing countries. Requires the President and the Secretary of the Treasury to try to place such discussions on the agenda of any economic summit and to report to the Congress on the results of such efforts. Requires the Secretary of the Treasury to initiate consultations with countries that hold debt of developing countries in order to examine possible options for reducing the debt burden of developing countries that export oil. Requires the President to arrange for bartering surplus agricultural commodities for oil from debtor developing countries. Chapter 5: Insuring the Stability of the International Financial System - Requires the Secretary of the Treasury, in conjunction with the Comptroller of the Currency and the Chairman of the Federal Reserve Board, to explore the changes in the structure of U.S. capital markets and the regulation of private financial institutions which would be necessary to resolve the international debt crisis in a manner which is consistent with both increased growth in debtor nations and increased stability of the U.S. financial system. Sets forth certain proposals to be analyzed in such study. Requires the Secretary to report to specified congressional committees on such study. Requires the U.S. Executive of the multilateral development banks to propose to the other directors of the Bank that: (1) each bank make greater use of co-financing to encourage increased commercial bank participation in lending by such bank; and (2) steps be taken to make credits available to satisfy the capital needs of small businesses owned by the very poorest individuals in the developing countries. Chapter 6: Multilateral Investment Guarantee Agency - Multilateral Investment Guarantee Agency Act - Authorizes the President to accept membership for the United States in the Multilateral Investment Guarantee Agency (a part of the World Bank). Provides for: (1) a U.S. Governor and Alternate Governor of the Agency; (2) application of certain sections of the Bretton Woods Agreement Act; (3) certain restrictions on U.S. financing of the Agency; and (4) Federal Reserve Banks acting as depositories of the Agency. Grants Federal courts jurisdiction over actions by or against the Agency. Chapter 7: Inter-American Development Bank - Amends the Inter-American Development Bank Act to authorize the U.S. Governor of the Inter-American Development Bank to agree to specified amendments to the Articles of Agreement. Requires the U.S. Executive Director of the Inter-American Development Bank to propose to the other directors of such bank that any replenishment agreement which is negotiated after enactment of this Act allow for the waiver of country program limitations contained in the replenishment agreement if the directors make specified findings. Subtitle C: Competitive Tied Aid Fund Act - Competitive Tied Aid Fund Act - Amends the Trade and Development Enhancement Act of 1983 to require approval of tied aid credit financing by a majority of the members of the National Advisory Council on International Monetary and Financial Policies. (Current law requires unanimous consent of the National Advisory Council.) Requires the National Advisory Council to: (1) establish policy and procedure guidelines for tied aid credit programs; (2) oversee the operation of such programs; (3) recommend improvements in the manner in which those programs are carried out; (4) encourage private financial institutions to participate in those programs; and (5) develop a system for monitoring the use of tied aid credit programs by foreign governments. Sets forth specific duties with respect to establishing the policy and procedure guidelines. Requires the President to submit a quarterly report to the Congress on tied aid credit program activities. Sets forth information to be included in such report. Terminates the authorities contained in the Trade and Development Enhancement Act of 1983 upon certification by the President to the Congress that a majority of the National Advisory Council have found that: (1) the United States has reached an agreement with certain other countries that ends abuse of tied aid credits; and (2) those countries are honoring the terms of the agreement. Authorizes the Agency for International Development to use its Economic Support Funds to finance tied aid credit activities. Subtitle D: Council on Industrial Competitiveness Act - Council on Industrial Competitiveness Act - Establishes in the executive branch an independent agency to be known as the Council on Industrial Competitiveness. Requires the Council to: (1) gather and analyze information regarding the competitiveness of U.S. industries; (2) create an institutional forum where national leaders will identify economic problems inhibiting the competitiveness of industries, develop long-term strategies to address those problems, and create broad consensus in support of those strategies; (3) make recommendations on issues crucial to the development of coordinated industrial strategies; (4) develop and promote policies which enhance the productivity and international competitiveness of U.S. industries; and (5) assess and make recommendations on private sector requests for governmental assistance. Directs the Council to examine and make available to the public all international agreements on foreign trade that have been agreed to by the United States. Directs the Council to monitor, and maintain public records regarding, the effect of imports on domestic industries. Requires the Council, not later than one year after the date of enactment of this Act, to transmit a report to the Congress and the President containing recommendations for changes in any Federal policy necessary to implement effective industrial strategies. Requires the Council to make annual reports concerning the major industrial development priorities of the United States. Authorizes appropriations for FY 1987. Title V: Education and Training for American Competitiveness - Education and Training for American Competitiveness Act - Subtitle A: Education for American Competitiveness - Authorizes appropriations to carry out this subtitle for FY 1987 and each succeeding year. Makes available 80 percent of such funds for chapter 1 and 20 percent for chapter 2. Chapter 1: Education and Training to Strengthen the Competitiveness of Domestic Industry - Directs the Secretary of Education (the Secretary) for purposes of this chapter to make grants to State educational agencies (SEAs) for programs to improve the education and skills of our current and future workers in those areas that will enhance their productivity and competitiveness. Allots chapter 1 funds among States on the basis of relative numbers of unemployed individuals and of adults without high school degrees. Sets forth requirements for submission, contents, and approval of State plans under this chapter. Encourages States to coordinate services under this chapter with those provided under the Training for Industrial Competitiveness provisions added by this Act to the Job Training Partnership Act. Allows funds under this chapter to be used for programs of literacy training, vocational training services, and elementary and secondary education in mathematics, science, or foreign languages. Makes such literacy training available to unemployed or underemployed individuals, displaced workers, illiterate adults, and illiterate-out-of-school youth. Makes such vocational training services available to: (1) workers who have been or who are about to be adversely affected by foreign competition; (2) unemployed or underemployed individuals; (3) current employees, in order to make their existing industries more competitive; and (4) individuals in order to assist their entry into, or advancement in high technology occupations or to meet the technological demands of other industries or businesses. Provides that such elementary or secondary level instruction in mathematics, science, or foreign languages be through programs to: (1) meet needs not being met under the Education for Economic Security Act; (2) begin preparation for advanced courses and careers in mathematics, science, engineering, and technology; and (3) develop the specific technological and foreign language skills required by local industries and businesses. Sets forth eligible service providers under this chapter. Limits administrative costs under this chapter. Chapter 2: Postsecondary Education Programs to Improve Instruction in Mathematics, Science, and Foreign Language - Directs the Secretary to make grants to institutions of higher education for: (1) summer language institutes and science and mathematics workshops; (2) special equipment acquisition and workshops; and (3) educational partnership programs. Provides for competitive selection of grant recipients. Limits the amount of grant awards. Sets forth grant application requirements. Requires the institution, or consortium of such institutions, to assure that it will obtain at least one-half of the cost of the programs with non-Federal funds. Provides that the grants for summer institutes (either here or abroad) for institutions of higher education and local educational agencies to provide advanced instruction to students in mathematics, science, and computer technology may be used for: (1) costs of resource sharing with government, private business, industry, and institutions; (2) stipends or salary supplements for university faculty and staff involved; (3) curriculum development; (4) textbooks, materials, and supplies; and (5) student transportation costs. Prohibits such funds from being used in connection with the general overhead costs of the applicant. Chapter 3: Educational Telecommunications - Provides for a national educational telecommunications demonstration program. Authorizes the Secretary to provide matching grant assistance to a nonprofit State corporation for a model regional advanced educational telecommunications network and technology resource centers. Authorizes appropriations for such purpose. Chapter 4: College Research Facilities - Directs the Secretary to establish a university research laboratory modernization program. Requires the criteria for funding a project at any university to include: (1) the quality of the research and training at such facilities; (2) the congruence of the institution's research activities with the future research needs of certain Federal agencies; and (3) the contribution which the project will make toward meeting national, regional, and State research and training needs. Allocates 15 percent of the funds available for such program for awards to institutions that received less than $10,000,000 in Federal research and development aid in each of the two preceding fiscal years. Authorizes appropriations to carry out this chapter. Subtitle B: Training for Industrial Competitiveness - Authorizes appropriations to carry out this subtitle for FY 1987 and succeeding fiscal years and to fund programs added by this Act to the Job Training Partnership Act (JTPA). Sets forth a formula for allocating such funds. Amends title IV (Federally Administered Programs) of the JTPA to add a new part H: Training for Industrial Competitiveness. Directs the Secretary of Labor (the Secretary, for purposes of this subtitle) to: (1) provide training and employment assistance to trade-impacted workers; (2) provide financial and technical assistance to labor-management committees; and (3) establish demonstration programs to improve worker adjustment to changing world markets. Sets forth requirements for trade-impacted worker assistance programs. Directs the Secretary to provide, on a competitive basis, financial assistance to eligible public or private nonprofit programs for training and employment assistance to eligible workers in industries that the Secretary determines have been adversely affected by international trade. Allows eligible individuals to be provided with: (1) intensive job search assistance; (2) basic skills training and other educational assistance; (3) job training; (4) job development; (5) training in job skills for which demand exceeds supply; (6) supportive services, including commuting assistance and financial and personal counseling; (7) pre-layoff assistance; and (8) relocation assistance. Authorizes subsistence stipends if the enrolled individual is not currently receiving unemployment compensation or trade readjustment assistance. Includes specified considerations under criteria for determining if an industry has been adversely affected by international trade. Sets forth requirements for joint labor-management training programs. Directs the Secretary to award, on a competitive basis, grants to labor-management committees to provide not more than one-half of the cost of programs of training, retraining, and education for eligible workers. Sets forth grant eligibility requirements for labor-management committees and program eligibility requirements for workers. Allows committees to use grant funds to provide the following services to eligible workers: (1) early warning adjustment services in the event of mass layoffs or plant closings; (2) aptitude testing and career counseling; (3) on-the-job training; (4) institutional training; (5) tuition assistance; (6) upgrading of skills; and (7) education, including basic skills, literacy training, and more advanced education. Sets forth requirements for cooperative agreements for such committees. Sets forth requirements for demonstration programs. Directs the Secretary, within six months after enactment of this Act, to establish programs to demonstrate the feasibility of providing worker retraining payments to workers who: (1) are or were employed in an industry determined to have been adversely affected by international trade; and (2) meet specified criteria for dislocated workers. Limits such payments to $4,000 each, to enable such workers to purchase their own job search, education, training, and retraining services from certified providers. Sets forth program evaluation requirements. Directs the Secretary to report to the Congress on such programs. Adds to JTPA new provisions for State job bank systems. Directs the Secretary to make funds from this Act available through the U.S. Employment Service for the development and implementation of computerized job bank systems in each State. Encourages compatibility of such systems with other systems used in employment and training program administration. Requires special consideration to be given to the advice of State occupational coordinating committees and other users of such systems. Directs the Secretary, within six months after enactment of this Act, to commence a study of the feasibility of providing portability for pensions and health benefits for dislocated workers. Requires such study to also evaluate the benefits of providing early retirement benefits without penalty for older dislocated workers. Requires a report of such study to be submitted to the Congress within 18 months after enactment of this Act. Requires the Secretary to maintain data on the mass layoffs or closings that are caused by or substantially related to international trade. Directs the Secretary, under JTPA and in coordination with the Secretary of Agriculture, to develop statistical data relating to the permanent dislocation of farmers and ranchers due to farm and ranch failures, including those caused by or substantially related to international trade. Directs the Secretary to publish an annual report on such data, including an analysis of whether farmers and ranchers are being adequately counted in the annual employment and unemployment rates. Directs the Secretary to study and report annually to the Congress on the countries that fail to recognize and enforce, and the foreign producers that fail to comply with, internationally recognized labor rights. Title VI: Agricultural Trade - Subtitle A: Improvement of Agricultural Trade Policy and Market Development Activities - Designates the Department of Agriculture the lead agency for agricultural trade, subject to subtitle D of title I of this Act. Directs the Secretary of Agriculture (the Secretary, for purposes of title VI) to coordinate Federal actions relating to agricultural trade. Requires the President to appoint, with the advice and consent of the Senate, in the Department of Agriculture an Under Secretary of Agriculture for Trade and International Affairs and an Under Secretary of Agriculture for Commodity Programs. Authorizes the President to appoint up to two additional Assistant Secretaries of Agriculture. Transfers the International Economics Divisions of the Economic Research Service and the World Agricultural Outlook Board of the Department of Agriculture to the Foreign Agricultural Service of the Department of Agriculture. Directs the Secretary to establish within the Foreign Agricultural Service a commodity division to promote value-added agricultural products not covered by cooperator agreements and to help to develop a cooperator organization to support the marketing role of the division. Directs the Secretary to establish an Office of the General Sales Manager within the Department of Agriculture. Places the General Sales Manager under the direction of the Under Secretary for Trade. Makes the General Sales Manager responsible for the Foreign Agricultural Service programs dealing with: (1) export sales; (2) market development; (3) agricultural trade offices; and (4) the requirements of title I and II of the Agricultural Trade Development and Assistance Act of 1954. Directs the Secretary to establish in the Department of Agriculture an office which, under the direction of the Under Secretary for Trade, shall: (1) monitor the agricultural export trade promotion practices of foreign nations; and (2) submit quarterly reports of its findings to the Secretary. Requires the Secretary to report to specified congressional committees on the level of subsidies provided by other nations and the United States for agricultural exports. Directs the Secretary to establish an office in the Department of Agriculture which, under the direction of the Under Secretary for Trade, shall: (1) provide assistance and information to U.S. citizens and organizations damaged by unfair agricultural trade policies in cases before specified agencies; and (2) report on unfair agricultural trade policies to the appropriate Federal agencies. Requires the Secretary to report on the assistance provided by such office. Requires the office to coordinate with the Fair Trade Advocates Branch established under title I of this Act. Directs the Secretary to provide technical services to the USTR on agricultural trade matters. Directs the Secretary to prepare, for submission with the budget, a Long Term Agricultural Trade Strategy Report establishing recommended policy and spending goals for U.S. agricultural trade and exports for one-year, five-year, and ten-year periods. Sets forth information to be included in such report. Directs the President to identify any changes that might modify the long-term policy contained in a previous report. Directs the Secretary to establish within the Department of Agriculture an Office of Agricultural Trade Policy Planning and Evaluation which, under the direction of the Under Secretary for Trade, shall coordinate the preparation of such report. Declares that it is U.S. policy to use food aid and agriculturally related foreign aid programs more effectively to develop the markets for U.S. agricultural commodities. Directs the Secretary to report annually to the Congress on the extent that food aid and agriculturally related foreign aid programs of the previous year, other than direct feeding or emergency food aid programs, serve direct market development objectives for U.S. agricultural commodities and products. Directs the Secretary to establish in the Department of Agriculture the Office of Food Aid Policy whose director shall: (1) serve under the direction of the General Sales Manager; (2) help develop a comprehensive strategy for coordinating agriculturally related foreign aid, food aid, and market development objectives for U.S. agricultural commodities; (3) monitor the compliance of Federal food aid programs with Department of Agriculture market development objectives; and (4) serve as the principal staff representative of the Secretary in deliberations of the staff working group of the Subcommittee on Food Aid of the Development Coordination Committee. Authorizes the Secretary to make available to cooperator organizations commodities owned by the Commodity Credit Corporation. Authorizes the Secretary to contract with individuals outside the United States for personal services to be performed outside the United States. Amends the Food Security Act of 1985 to direct the Secretary: (1) to give priority to interested foreign purchasers who have traditionally purchased U.S. agricultural commodities and continue or begin to purchase such commodities in equal or increased quantities; and (2) report to specified congressional committees every 30 days a current list of countries provided such commodities and a justification for their participation in such export enhancement program. Expresses the sense of the Congress that the Secretary of Agriculture should expedite the implementation of specified sections of the Food Security Act of 1985 relating to barter of agricultural commodities. Subtitle B: Domestic Markets for Agricultural Commodities and Products - Directs the Secretary to study and report to specified congressional committees on: (1) the effect of imported honey on U.S. honey producers; (2) the availability of honey bee pollination within the United States; and (3) whether imports of honey tend to interfere with or render ineffective the honey price support program of the Department of Agriculture. Directs the Secretary, in conjunction with the USTR, to study and report to specified congressional committees on: (1) the effect of imports of roses over a specified time period on the domestic rose growing industry; and (2) an economic analysis of production and marketing factors of such imports. Amends the Agricultural Adjustment Act to require the ITC to consider certain assessments imposed on tobacco producers in determining whether tobacco imports materially interfere with the tobacco price support program. Directs the Secretary to compile and publish data on: (1) the total value and quantity of imported raw and processed agricultural products; and (2) the total amount of production and consumption of domestically produced raw and processed agricultural products. Expresses the sense of the Congress that if a country, in violation of the GATT, imposes import restrictions on U.S. citrus fruits and beef products, the President should exclude imports of similar or other products from such country until such policies are eliminated. Subtitle C: Miscellaneous - Requires the following type of milk to be treated as other-source milk and to be allocated as milk received from producer-handlers for purposes of classifying milk under the milk marketing program: (1) milk produced by dairies owned or controlled by foreign persons or entities; and (2) milk produced by dairies financed by or with the use of industrial revenue bonds. Amends the United States Grain Standards Act to prohibit: (1) recombining any dockage or foreign material once removed from grain with any grain that may be exported; and (2) adding dockage or foreign material to any grain that may be exported when the result will be to reduce the grade and quality of the grain or to reduce its ability to resist spoilage. Permits adjustment of the moisture content of grain that may be exported by blending grains with different moisture contents. Expresses the sense of the Congress that: (1) the administration should continue to oppose actions by the European Community to impose import quotas on oilseeds and oilseed products in Portugal, impose a grain purchase requirement on Portugal, and place variable levies on corn and grain sorghum entering Spain; and (2) unless the European Community rescinds such actions or compensates the United States for trading losses, the administration should impose trade restrictions that reestablish the balance of concessions under the GATT and other international trade agreements. Title VII: Foreign Corrupt Practices, Adjustment Plan Review, and Textile Import Adjustments - Amends the Securities and Exchange Act of 1934 and the Foreign Corrupt Practices Act of 1977 to prohibit: (1) certain securities issuers and domestic concerns from offering or making payments to foreign officials in order to assist the issuers or concerns in obtaining or retaining business, including the procurement of legislative, judicial, regulatory, or other action in seeking more favorable treatment by a foreign government; or (2) any person, from knowingly or with reckless disregard offering such money or thing of value to a foreign official for such purposes. Declares that it is a defense to actions under this title that: (1) a payment was made to expedite or secure the performance of a routine governmental action by a foreign official; or (2) the payment or offer was legal in the country involved. Declares that an issuer or concern may not be held vicariously liable for a violation by its employee, who is not an officer or director, if: (1) such issuer or concern has established reasonable procedures to prevent and detect any such violation; and (2) the supervisor of such employee used due diligence to prevent the commission of the offense by that employee. Requires the Attorney General to determine to what extent compliance with such Acts would be enhanced and to what extent the business community would be assisted by further clarification of the corrupt practices provisions. Requires the Attorney General to issue guidelines and procedures to help businesses comply with such provisions. Requires the Attorney General to issue binding responses to specific inquiries on compliance with such provisions. Sets forth penalties for violations of such provisions. Expresses the sense of the Congress that the President should pursue the negotiation of an international agreement on the acts prohibited with respect to issuers and domestic concerns by this title. Requires the President to report to the Congress, within one year of enactment of this Act, on: (1) the progress of such negotiations; and (2) additional steps that may be taken if such negotiations do not eliminate the competitive disadvantage of U.S. businesses that results when persons from other countries commit the acts proscribed by this title; and (3) possible actions that could be taken to promote international cooperation to prevent bribery of foreign officials, candidates, or parties in third countries. Sets forth information to be included in such report. Requires a review committee to monitor actions taken by an industry to improve its competitive position if such industry prepared an industry adjustment plan during an import relief investigation and the industry received import relief as a result of such investigation. Requires the review committee to make administrative and legislative recommendations as necessary to achieve the objectives of the plan. Requires the review committee to consult with the firms and workers in the industry if the review committee finds that the objectives of the industry adjustment plan have not been met. Authorizes the USTR to terminate or modify the import relief if the review committee finds that the industry's failure to meet the objectives of the industry adjustment plan is not justified by changed circumstances and has adversely affected overall implementation of the objectives specified in such plan. Directs the Secretary of Commerce to institute procedures to expedite the interagency process for requesting consultations and negotiations on limitations on shipments of textiles and apparel and periodic adjustments to those limitations. Title VIII: Tariff and Customs Provisions - Subtitle A: Miscellaneous Tariff and Customs Provisions - Chapter 1: Permanent Changes in Tariff Treatment - Amends the Tariff Schedules of the United States to repeal the prohibitions against imports of furskins from the Soviet Union. Reduces the duty on salted and dried plums. Imposes a duty on natural unconcentrated, non-reconstituted grapefruit juice. Grants duty-free treatment to hatters' fur. Treats plywoods with tongued, grooved, lapped, or otherwise worked edges as plywood for tariff purposes. Creates a new tariff classification to cover imports of certain woven fabrics of man-made fibers. Imposes a duty on uranium hexafluoride that is imported for use in U.S. reactors and is a product of a country that requires that uranium mined in that country be converted or upgraded into uranium hexafluoride before its export. Provides for termination of such duty by the President. Includes all forms of silicone in the term "synthetic plastics materials." Imposes a duty on silicone resins and materials. Creates a new tariff classification to cover the imports of motor fuel blending stocks. Imposes a duty on motor fuel blending stocks. Provides that television picture tubes imported in combination with, or incorporated into, other articles are to be classified as television picture tubes (subject to an increased duty) unless they are incorporated or put into kits for incorporation into complete television receivers or into certain other fully assembled units. Imposes an 11 percent duty on all imports on or before October 31, 1987, of television picture tubes which would be included in such assembled units but for this Act. Grants duty-free treatment to all imports on or before December 31, 1990, of certain small color television picture tubes. Provides a duty on bicycle-type speedometers and parts. Excludes the dials of watches and clocks from the special marking requirements. Provides that certain information shall be legibly (currently "conspicuously") marked with specified information. Permits such marking to be done by mold-marking. Permits manufacturers to put certain information on watch bezels. Deletes the requirement of including information on watch adjustments. Reclassifies and imposes a duty on casein, caseinates, and milk protein concentrate for human food and animal feed use. Chapter 2: Temporary Changes in Tariff Treatment - Suspends through December 31, 1990, the tariff on: (1) color couplers and coupler intermediates; (2) p-sulfobenzoic acid, potassium salt; (3) 2,2-oxamido bis-ethyl 3(3,5-di-tert-butyl4-hydroxy-penyl); (4) dicyclohexylbenzothiazylsufenamide; (5) 2,4 dichloro-5-sulfamoyl benzoic acid; (6) derivatives of N-(4-2-hydroxy-3-phenoxypropoxy) phenyl acetamide; (7) 1,2-dimethyl 1-3, 5 diphenyl-pyrazolium methyl sulfate; (8) dicofol; (9) methylene blue; (10) 3,5-dinitro-o-toluamide; (11) butyl chloride; (12) nonbenzenoid vinyl acetate-vinyl chloride-ethylene terpolymer; (13) tungsten ore; (14) certain stuffed toy figures; (15) certain plastic sheeting used as radiation shielding material; (16) certain doll wig yarns; (17) wool carding and spinning machines; (18) generator lighting sets for bicycles, bicycle chains, and certain other bicycle parts; (19) 1-(3- sulfopropyl) pyridinium hydroxide; (20) d-6-Methoxy-a-methyl-2-naphthaleneactic acid and its sodium salt; (21) certain pesticides (dinocap, mixtures of dicofol and application adjuvants and mixtures of mancozeb and dinocap); (22) cholestyramine resin USP; (23) 3-amino-3-methyl-1-butyne; (24) maneb, zineb, mancozeb, and metiram; (25) nicotine resins; and (26) hosiery knitting needles. Extends the current suspension of duty until December 31, 1990, on: (1) mixtures of mashed or macerated hot red peppers and salt; (2) cantaloupes; (3) certain wools; (4) needlecraft display models; (5) triphenyl phosphate; (6) sulfapyridine; (7) synthetic rutile; (8) certain clock radios; (9) certain machines designed for heat-set, stretch texturing of continuous man-made fibers; (10) hosiery knitting machines; (11) double-headed latch needles; (12) certain stuffed dolls and toy figures; (13) umbrella frames; and (14) crude feathers and down. Suspends the tariff on certain knitwear made in Guam until November 1, 1992. Suspends the tariff on the personal effects and equipment of participants and officials involved in the Pan American Games until September 30, 1987. Amends the Foreign Trade Zones Act to extend, through December 31, 1990, the exclusion of imported bicycle parts that are not subsequently re-exported from the exemption of the customs laws that is applicable to a foreign trade zone. Chapter 3: Other Customs and Effective Date Provisions - Allows watches to be designated as eligible articles for purposes of the generalized system of preferences. Requires the containers of imported preserved mushrooms to indicate in English the country in which the mushrooms were grown in order to comply with labeling laws relating to imports. Amends the Trade and Tariff Act of 1984 to require the Secretary of the Treasury to charge a user fee to individuals for the use of customs services at the Pontiac/Oakland, Michigan, airport. Prohibits any ethyl alcohol or mixture of ethyl alcohol from being considered eligible for exemption from duty as the growth or product of an insular possession or of a beneficiary country under the Caribbean Basin Economic Recovery Act unless the ethyl alcohol or mixture is an indigenous product of that insular possession or beneficiary country. Extends such prohibition through December 31, 1992. Exempts certain imports of ethyl alcohol from such prohibition if it is imported during 1987 and 1988 and if it was produced in a certain type of facility that was in operation on January 1, 1986. Sets forth the criteria for establishing that ethyl alcohol or an ethyl alcohol mixture is an indigenous product of an insular possession or beneficiary country. Amends the Tariff Act of 1930 to require the Secretary of the Treasury to establish standards for setting the terms and conditions for cancellation of bonds or charges. Provides for the duty-free entry of certain articles for use by a named organization in the construction of an optical telescope in Hawaii. Provides for the reliquidation, without liability of the importer of record for antidumping duties, of specified entries. Directs the Secretary of the Treasury to reliquidate, as duty-free, four specified entries covering tubular tin products, if a certificate of actual use for the products is submitted to the U.S. Customs Service at the port of entry within 120 days of enactment of this Act. Subtitle B: Implementation of Nairobi Protocol - Chapter 1: Short Title, Purpose, Reference, and Effective Date - Educational, Scientific, and Cultural Materials Importation Act of 1987 - Declares that it is the purpose of this subtitle to: (1) provide for the implementation of the Nairobi Protocol to the Agreement on the Importation of Educational, Scientific, and Cultural Materials (the Florence Agreement); (2) modify the duty-free treatment accorded under the Educational, Scientific, and Cultural Materials Importation Act of 1982 (the 1982 Act), under the Educational, Scientific, and Cultural Materials Importation Act of 1966 and under another Act; and (3) continue the safeguard provisions concerning certain imported articles provided for in the 1982 Act. Chapter 2: Amendments to Implement the Nairobi Protocol - Repeals the 1982 Act. Amends the Tariff Schedules of the United States (TSUS) to provide duty-free treatment for: (1) catalogs of visual and auditory material of an educational scientific, or cultural character; (2) architectural, engineering, industrial, or commercial drawings and plans; (3) loose illustrations, reproduction proofs or reproduction films used for the production of books; (4) certain other articles in microfilm, microfiche, and similar film media; and (5) crossword puzzle books. Provides for duty-free treatment of certain other articles whether or not in the form of microfilm, microfiches, or similar film media. Prohibits granting duty-free treatment to developed photographic film unless either: (1) a Federal agency determines that such article is visual or auditory material of an educational, scientific, or cultural character within the meaning of the Agreement for Facilitating the International Circulation of Visual and Auditory Materials of an Educational, Scientific, or Cultural Character; or (2) such article is imported by, or for the use of, an educational, scientific or cultural institution and is certified to be visual or auditory material of an educational, scientific, or cultural character or to have been produced by the United Nations or any of its specialized agencies. Provides duty-free treatment for articles determined to be visual or auditory materials in accordance with specified provisions. Provides duty-free treatment for: (1) tools specially designed to maintain or repair certain scientific instruments or apparatus; and (2) articles specially designed or adapted for the use or benefit of the blind or other physically or mentally handicapped persons. Chapter 3: Authority to Modify Certain Duty-Free Treatment Accorded Under This Subtitle - Authorizes the President to proclaim changes in the TSUS to narrow the scope of, place conditions on, or otherwise eliminate the duty-free treatment accorded the tools for scientific instruments and the articles for the blind or other handicapped persons under this Act if such duty-free treatment has significant adverse impact on a domestic industry. Authorizes the President to resume duty-free treatment of such articles under certain circumstances. Authorizes the President to proclaim changes to the TSUS to remove or modify any conditions and restrictions imposed by this Act on the importation of certain visual and auditory material in order to implement certain provisions of the Nairobi Protocol. Amends the TSUS to change the headnote relating to the method of applying for permission to import certain scientific instruments and apparatus. Directs the Secretary of the Treasury, in conjunction with the Secretary of Commerce, to obtain adequate statistical information on duty-free imports of articles for the blind and for other handicapped persons.
United States · United States Congress · 6 January 1987
Expedited Funds Availability Act - Requires the Board of Governors of the Federal Reserve System to begin to develop an expedited funds availability system which shall be implemented no later than three years and 90 days after enactment of this Act. Provides that such system shall require that funds deposited in an account of a depository institution by local and in-state checks be available for withdrawal the business day after deposit and that funds deposited by all other checks be available on the fourth business day after deposit. Lists considerations for the Board in establishing such system which include providing for the automated return of unpaid checks, a uniform endorsement standard, and direct notification of nonpayment. Directs the Board to report to the Congress every six months on its actions to implement such system and within two years after enactment of this Act on the effects of temporary schedules for funds availability established under this Act. Establishes specific time limits for funds availability for various types of deposits. Provides for next day availability for cash, the cash portion of a deposit, wire transfers, checks of $100 or less, checks drawn on in-state branches of the receiving depository institution or branches located in the same check processing region, U.S. Treasury checks endorsed only by the payee, State and local treasury checks endorsed only by the payee and deposited in special envelopes at manned branches, cashier's checks, certified checks, teller's checks, and depository checks endorsed only by the payee and deposited in special envelopes at manned branches. Sets forth a schedule, to be terminated upon implementation of the expedited funds availability system, providing that: (1) checks drawn on local originating depository institutions shall be available on the third business day after deposit during the one-year period beginning 90 days after enactment of this Act and on the second business day after deposit during the subsequent two years; and (2) checks drawn on nonlocal originating depository institutions shall be available for withdrawal on the seventh business day after deposit. Authorizes the Board to make certain adjustments in such time limits. Sets forth time limit exceptions and special time limits which shall apply: (1) to new accounts, deposits by checks in excess of $5,000, checks redeposited after being returned, repeated overdrafts, and foreign checks; and (2) under specified emergency conditions. Authorizes the Board to suspend the applicability of this Act to any classification of checks directly associated with an unacceptable level of losses due to check-related fraud. Requires the Board to transmit a report justifying any suspension to specified congressional committees. Prohibits any depository institution from freezing funds in an account because other funds deposited in such account by check are not yet available for withdrawal pursuant to this Act. Directs each institution to inform employees of, and ensure employee compliance with, the requirements of this Act. Provides that State laws providing for shorter time periods for the availability of funds deposited in a State-chartered institution shall supersede this Act and shall apply to all federally insured depository institutions located in such State. Requires interest to accrue on funds deposited in an interest-bearing account of an institution beginning on the business day on which the institution receives provisional credit for such funds. Requires a depository institution to meet specified disclosure requirements concerning its general policy on the availability for withdrawal of funds deposited by check. Authorizes the Board to publish model disclosure forms and clauses for common transactions. Directs the Board to establish a Payments System Advisory Council to advise and consult with the Board in the exercise of the Board's functions under this Act. Declares that this Act supersedes State law, including the Uniform Commercial Code, except as specified earlier. Sets forth provisions governing: (1) the administrative enforcement of this Act; and (2) the civil liability of institutions that fail to comply with this Act.
United States · United States Congress · 6 January 1987
States that the Congress: (1) commends the Czechoslovak human rights organization Charter 77, on the tenth anniversary of its establishment of the aims of the Helsinki Final Act; (2) calls upon the Government of Czechoslovakia to cease its persecution of those involved in Charter 77 and other human rights activities; and (3) commends the U.S. representatives to the Vienna Review Meeting of the Conference on Security and Cooperation in Europe for raising the persecution issue with Czechoslovakian representatives.
United States · United States Congress · 25 September 1986
Provides for the continuation of the three-year income tax basis recovery rule with respect to annuities of Federal employee contributions to Federal retirement systems. Directs the Office of Personnel Management to report to specified congressional committees on the effects of a retroactive repeal of such rule on the Federal workforce.
United States · United States Congress · 11 September 1986
Provides that the Tax Reform Act of 1986 shall be applied and administered as if the three-year basis recovery rule applicable to employees' annuities had not been repealed.
United States · United States Congress · 9 September 1986
Prohibits a trustee in a bankruptcy reorganization case from unilaterally terminating or altering any provision of a collective bargaining agreement relating to benefits for retired employees prior to complying with prescribed procedures.
United States · United States Congress · 8 September 1986
Omnibus Drug Enforcement, Education, and Control Act of 1986 - Title I: Committee on Foreign Affairs - International Narcotics Control Act of 1986 - Subtitle A: International Narcotics Control Assistance Programs - Amends the Foreign Assistance Act of 1961 to increase the FY 1987 authorization for aid for international narcotics control. Permits certain additional funds to be appropriated for FY 1987 only if the President has submitted to the Congress: (1) a budget request for such funds; and (2) a plan showing how such funds will be used. Requires that a specified amount of the FY 1987 military assistance authorization be available to provide aircraft to countries receiving such assistance for narcotics control eradication and interdiction efforts. Earmarks at least half of such funds for aircraft based in Latin America. Requires such aircraft to be made available to foreign countries only on a lease or loan basis. Requires the Secretary of State to maintain detailed records on the use of such aircraft. Requires that a specified amount of the FY 1987 military assistance authorization shall be available for education and training in the operation and maintenance of aircraft used in narcotics control interdiction and eradication efforts. Earmarks a specified amount of the FY 1987 international narcotics control assistance for research, development, and testing of safe and effective herbicides for use in aerial eradication of coca. Requires the Comptroller General to investigate and report to the Congress on the effectiveness of the international narcotics control assistance program. Subtitle B: Improving Law Enforcement and Other Narcotics Control Activities Abroad - Requires the President's annual report to the Congress on the international strategy to prevent cultivation and trafficking in narcotics to include a discussion of the extent to which each source country has cooperated with U.S. narcotics control efforts through the extradition or prosecution of drug traffickers and a description of the state of negotiations on updated extradition treaties. Commends the decision of the Secretary of State to issue diplomatic passports to officials and employees of the Drug Enforcement Administration. Requires the Secretary to report to the Congress before changing such policy. Prohibits participation by any U.S. officer or employee in direct narcotics arrest actions in foreign countries. Allows the Secretary to designate countries where a limited exemption from such prohibition may apply. Permits such direct action to protect life or safety. Requires the executive branch to establish expeditiously the information sharing system that will list all drug arrests of foreign nationals in the States as required by the Foreign Relations Authorization Act, Fiscal Years 1986 and 1987. Requires the executive branch to report to the Congress when the system is established. Urges the President to require that greater priority be given to the collection and sharing of information concerning narcotics related activities abroad. Requires the President to order the preparation of an updated threat assessment of narcotics trafficking from Africa. Requires the President to take steps to improve the capability of the executive branch to: (1) collect information concerning links between narcotic traffickers and acts of terrorism abroad; and (2) develop means to respond to the threat which those links pose. Requires the President to report to the Congress on such steps. Requires that a specified amount of the FY 1987 administration of justice program authorization be used to provide Colombia (and other countries in the region) assistance to protect judicial or other officials who are targets of narcoterrorist attacks. Urges the Secretary to increase efforts to negotiate with relevant countries procedures to facilitate the interdiction of vessels suspected of carrying illicit narcotics. Directs the President to take appropriate actions, including denial of access to U.S. ports, if a country refuses to negotiate interdiction procedures. Requires the Secretary to submit semiannual reports to the Congress identifying countries that fail to negotiate such procedures. Provides that the Secretary of Defense, the Attorney General, and the Secretary of State shall jointly determine when armed forces personnel are needed to provide law enforcement assistance (in enforcing specified customs and drug laws and the Immigration and Nationality Act) activities abroad. Subtitle C: Development and Illicit Narcotics Production and Trafficking - Requires the Secretary of State, with the assistance of the Secretary of Agriculture, to consult with authorities of the Government of Mexico on the development and implementation of a program to assist agricultural producers in Mexico to substitute the production of narcotic crops with other selected crops. Directs the Secretary of Agriculture to conduct research to identify substitute crops. Requires the annual report on foreign aid programs to contain a description of the development programs (other than narcotics control programs) dealing with illicit narcotics production. Subtitle D: Drug Education Programs Abroad - Authorizes additional appropriations for the U.S. Information Agency for FY 1987 which shall be available only for increasing drug education programs abroad. Authorizes additional appropriations for development assistance programs for FY 1987 which shall be used for additional activities aimed at increasing awareness of the effects of production and trafficking of illicit narcotics on sources and transit countries. Requires the Director of the U.S. Information Agency and the Director of the Agency for International Development to include in their annual reports to the Congress a description of the drug education programs carried out by their respective agencies. Subtitle E: United Nations Activities Relating to Drug Narcotics Control - Declares congressional support for the United Nations General Assembly decision to convene in 1987 an International Conference on Drug Abuse and Illicit Trafficking. Calls upon the President to appoint the head of the U.S. delegation well in advance of the conference and ensure that necessary resources are available for U.S. preparation and participation. Requires the President to report to the Congress by April 30, 1987, on the status of U.S. preparation for the conference. Calls for the conduct of a study of the effectiveness of the United Nations drug-related declarations, conventions, and entities. Requires the President to report any recommendations which result from such study to the Congress. Urges the United Nations Commission on Narcotic Drugs to complete work as soon as possible on a new draft convention against illicit traffic in narcotic drugs and psychotropic substances. Calls for more effective implementation of existing conventions relating to narcotics. Subtitle F: Provisions Relating to Specific Countries - Requires a specified amount of the narcotics control assistance for Mexico for FY 1987 to be withheld until the President reports to the Congress that Mexico has investigated the 1985 murders of a Drug Enforcement Agency agent and his pilot and has brought to trial and is effectively prosecuting those responsible. Requires the Secretary of State to submit monthly reports to the Congress on the illicit drug eradication program in Mexico. Urges the President to direct the Secretary to enter into negotiations with the Government of Mexico to create a Mexico-United States Intergovernmental Commission on Narcotics and Psychotropic Drug Use and Abuse. Requires the Secretary to report to the Congress within 90 days of enactment of this Act on progress in establishing such a commission. Urges Pakistan to adopt and implement a comprehensive narcotics control program. Requires the Secretary to report to the Congress within 60 days of enactment of this Act on the adoption and implementation of such a program. Calls upon the President to instruct the U.S. Ambassador to the United Nations to request that the problem of illict drug production in Iran, Afghanistan, and Laos be raised at the International Conference on Drug Abuse and Illicit Trafficking. Title II: Committee on Armed Services - Defense Narcotics Act of 1986 - Expresses the sense of the Congress that the President should: (1) apply the full measure of executive power against the introduction of controlled substances into the United States; and (2) expand the role of the armed forces in the war on illegal drugs. Directs the Secretary of Defense to acquire, for drug enforcement activities, aircraft (including Blackhawk helicopters), and seven radar aerostats. Directs the Secretary to make such aircraft and radar aerostats available to U.S. agencies designated by the Chairman of the National Drug Enforcement Policy Board. Requires that a specified amount of the FY 1987 Navy authorization be transferred to the Secretary of Transportation to be made available for Coast Guard personnel assigned to duty on naval vessels. Increases such personnel by 500. Allows the Secretaries of Defense and Transportation to assign specially trained members of the Coast Guard to duty on naval vessels for drug enforcement purposes. Allows the Secretary of Defense to assign Defense Department personnel, upon request, to provide enforcement assistance to officials of foreign nations. Directs the President to submit a report to the Congress describing the appropriate role of the armed forces in interdicting illegal drugs and participating in the national effort to control and reduce drug abuse. Increases the strength of the Coast Guard Reserve. Directs the Secretary of Defense to establish: (1) a comprehensive anti-drug abuse programs for members of the armed forces and civilian personnel of the Department of Defense; and (2) a drug abuse education curriculum and program for elementary and secondary schools. Amends the Uniform Code of Military Justice to include driving under the influence of drugs as an offense. Title III: Committee on Ways and Means - Drug Smuggling Enforcement Act of 1986 - Subtitle A: Amendments of the Tariff Act of 1930 - Part I: General Provisions - Amends the Tariff Act of 1930 to prohibit the importation into the United States of any drug paraphernalia (except paraphernalia intended for medical or scientific needs imported under regulations prescribed by the Attorney General). Requires the master of any vessel arriving at any U.S. or Virgin Island port to report such arrival at the nearest customs facility if such vessel is: (1) from a foreign port or place; (2) a foreign vessel from a domestic port; or (3) a U.S. vessel carrying bonded merchandise or foreign merchandise for which entry has not been made. Requires vehicles arriving in the United States to enter only at designated border crossing points. Requires the person in charge of such vehicle to report the arrival of such vehicle, and present the vehicle and all persons and merchandise on board for inspection, to the customs officer. Requires the pilot of any aircraft arriving in the United States or the Virgin Islands from any foreign airport or place to comply with the advance notification, arrival reporting, and landing requirements prescribed by the Secretary of Transportation. Prohibits the departure of such vessels or aircraft from U.S. or Virgin Island ports or airports or of such vehicles from the United States, or the discharge of passengers or merchandise, except in accordance with regulations prescribed by the Secretary. Imposes penalties for violations of the arrival, reporting, or entry requirements. Increases the fine for the unauthorized unloading of passengers. Sets forth reporting requirements for individuals arriving in the United States. Prohibits the departure of such individuals until authorized by a customs official. Imposes penalties for violations of such reporting requirements. Repeals the current penalties for failure to report or file a manifest upon arrival in the United States. Authorizes the issuance of summonses for records pertaining to merchandise the importation of which into the United States is prohibited. Increases the penalties for: (1) filing a false manifest; (2) failing to file a complete manifest; or (3) carrying illegal drugs. Repeals the prepenalty procedures in such cases. Increases the penalties for illegal unloading and transshipment. Makes aviation smuggling unlawful. Prohibits the at sea transfer of prohibited merchandise between U.S. owned aircraft and vessels. Prohibits the at sea transfer of prohibited merchandise between aircraft and vessels, regardless of the nationality of either, where the intent is to smuggle the merchandise into the United States. Imposes penalties, including seizure of the aircraft or vessel, for violations of such anti-smuggling provisions. Specifies certain acts that, if engaged in within 250 miles of the U.S. territorial seas, shall be: (1) presumed to indicate intent to smuggle; and (2) deemed prima facie evidence that the aircraft or vessel was used in aiding or facilitating such smuggling. Changes the procedures for the seizure and forfeiture of conveyances used in smuggling to require that a common carrier be seized and forfeited under certain circumstances. Authorizes the issuance of search warrants for places suspected of containing: (1) merchandise brought into the United States unlawfully; (2) property which is subject to forfeiture under the customs laws; or (3) articles which are evidence of a customs violation. Authorizes the seizure and forfeiture of smuggled merchandise. Requires that any deposit made in lieu of forfeiture of property seized under customs laws be treated in the same manner as the proceeds of a sale of any forfeited item. Provides that the expenses of a forfeiture proceeding shall be a priority claim in the same manner as court costs. Provides that compensation for informers shall not exceed 25 percent of the amount recovered. (Current law requires such compensation to equal 25 percent of such amount.) Declares that an action to recover a pecuniary penalty is considered to have been commenced when the penalty notice is issued. Authorizes the Secretary to require the production of foreign landing certificates to comply with international obligations. Permits the Secretary to authorize customs officials to exchange information or documents with foreign customs or law enforcement agencies under certain circumstances. Allows the Secretary, when authorized by treaty or executive agreement, to station customs officers in foreign countries to examine persons or merchandise prior to their arrival in the United States. Provides that merchandise seized at a foreign station may be transported to the United States for customs proceedings. Permits the stationing of foreign customs officers in the United States (if similar privileges are extended to the United States). Imposes penalties for making fraudulent statements to such foreign officials. Grants the Secretary certain investigatory powers in relation to: (1) certain reporting requirements on monetary instruments transactions; and (2) the enforcement of the Bank Secrecy Act. Sets forth certain requirements concerning the undercover investigative requirements of the Customs Service. Part II: Customs Forfeiture Fund - Extends the authority of the Customs Forfeiture Fund through FY 1991. Makes such Fund available for: (1) purchases by the Customs Service of evidence of smuggling controlled substances; (2) the equipping for law enforcement functions of any (currently only forfeited) vessel, vehicle, or aircraft available for use by the Customs Service; (3) the reimbursement of private citizens for expenses incurred in cooperating with the Customs Service; and (4) publicizing the availability of rewards. Authorizes appropriations. Subtitle B: Customs Service Authorizations, Miscellaneous Customs Provisions, and Amendments to the Controlled Substances Import and Export Act - Part I: Customs Service Authorizations - Amends the Customs Procedural Reform and Simplification Act of 1978 to authorize FY 1987 appropriations to the Department of the Treasury for the U.S. Customs Service. Part II: Miscellaneous Customs Amendments - Treats any vessel which has received merchandise while in the customs waters beyond the territorial sea or while on the high seas as being from a foreign port for the purposes of certain provisions of the Tariff Act of 1930. Allows any customs official needing assistance in making an arrest, search, or seizure, to demand such assistance from any person. Subjects any person who refuses such assistance without reasonable excuse to criminal penalties. Exempts any person who renders such assistance from liability for civil damages. Part III: Amendments to the Controlled Substances Import and Export Act - Amends the Controlled Substances Import and Export Act to make it unlawful for any person to manufacture or distribute a schedule I or III controlled substance intending or knowing that such substance will be imported into the United States. Makes it unlawful for any United States citizen on board any aircraft, or any person on board any aircraft owned by a U.S. citizen or registered in the United States, to manufacture or distribute or possess with intent to manufacture or distribute a controlled substance. Subtitle C: Denial of Trade Benefits to Uncooperative Drug Source Nations - Narcotics Control Trade Act - Directs the President to designate a country an uncooperative drug source nation if during any fiscal year beginning after September 30, 1986, such country: (1) was a source of any illicit narcotic and psychotropic drugs or other controlled substances that are significantly affecting the United States; and (2) did not cooperate with the United States in preventing such drugs and substances from affecting the United States by taking specified actions. Directs the President to report to the Congress the the name of each such country. Denies the products of each such country most-favored-nation treatment until the President notifies the Congress that such country has made significant progress and will continue to make progress in remedying those policies on which an uncooperative drug source nation designation was based. Title IV: Committee on Merchant Marine and Fisheries - Coast Guard Drug Interdiction and Law Enforcement Act of 1986 - Expresses the sense of the Congress that the Coast Guard: (1) should be given the resources to increase its ability to interdict the illegal transportation of drugs; and (2) is the best qualified Federal agency to carry out drug interdiction on the high seas and U.S. waters. Amends Federal law to provide that the Coast Guard may detect, track, and assist in the seizure of aircraft being used in drug trafficking. Authorizes additional appropriations for the Coast Guard for FY 1987 and 1988 for additional personnel, equipment, and related capital improvements. Title V: Committee on Banking, Finance and Urban Affairs - Subtitle A: Money Laundering - Comprehensive Money Laundering Prevention Act - Amends Federal law to prohibit any person from: (1) causing or attempting to cause a domestic financial institution to file a required coin or currency transaction report containing a material omission or misstatement of fact or to fail to file a required report; or (2) structuring or assisting in structuring a transaction with one or more institutions for the purpose of evading reporting requirements. Authorizes the seizure and forfeiture to the United States of: (1) any transported monetary instrument or any interest in other property (including any deposit in a financial institution) traceable to such instrument when a required report on such instrument has not been filed or contains a material omission or misstatement; and (2) any U.S. coin or currency or any interest in other property traceable to such coin or currency involved in a transaction for which a required report has not been filed, except where the property owner is a bona fide purchaser for value who took without notice of the violation, a depository institution, or a financial institution regulated by the Securities and Exchange Commission. Requires a financial institution to hold property in its possession for 15 days upon receipt of notice of the Secretary of the Treasury's intent to seize such property. Authorizes the appropriate U.S. district court to issue an order authorizing the Secretary to seize such property upon a showing by the Secretary that there is probable cause to believe that such property is subject to forfeiture. Exempts the United States, any financial institution, and any employee of either from liability in connection with such a hold being placed on any property. Provides that a financial institution which fails to hold property after receiving notice shall be liable to the United States for the value of the property the institution failed to hold. Amends the Internal Revenue Code to provide for the enforcement of such seizure and forfeiture authority by internal revenue enforcement officers. Authorizes the Secretary to impose a civil penalty on a person who knowingly or recklessly violates a coin or currency transaction reporting requirement. Limits the penalty to the amount of the coin or currency involved, reduced by any amount already forfeited. Amends the Federal Deposit Insurance Act, the Home Owners' Loan Act of 1933, the National Housing Act, and the Federal Credit Union Act to require each Federal banking regulatory agency to: (1) require insured banks, institutions, savings and loan associations, and credit unions (insured entities) to establish and maintain procedures to assure compliance with monetary transactions recordkeeping and reporting requirements; (2) include in each examination of an insured entity a review of such procedures identifying any problem; and (3) order any entity which has failed to maintain such procedures or correct any reported problem to cease and desist from violating this Act. Prescribes civil penalties for such violations. Amends provisions concerning monetary transactions recordkeeping and reporting requirements to: (1) include within the definition of a "financial institution" any foreign subsidiary or affiliate of such an institution and the U.S. Postal Service when it is carrying out a duty or power of such an institution; and (2) include as a "monetary instrument" any transfer of funds, as the Secretary may prescribe. Amends the Federal Deposit Insurance Act and the National Housing Act to authorize the appropriate regulatory agency to extend the period provided for the review and disapproval of a proposed change in control of an insured bank or savings and loan association two additional times for up to 45 days each time if: (1) the agency determines that the acquiring party has not furnished all required information; (2) the information submitted is substantially inaccurate; (3) the agency has been unable to complete the investigation because of delay caused by the acquiring party; or (4) the agency needs more time to determine that no acquiring party has a record of failing to comply with monetary transaction reporting requirements. Authorizes the Secretary to order any domestic financial institution to obtain certain information, maintain a record, and file a report concerning any transaction involving $3,000 or more in domestic coin or currency. Requires any domestic institution which issues a bank check, cashier's check, traveler's check, or money order in a transaction involving $3,000 or more in domestic coin or currency to: (1) obtain the signature of the person to whom the check or money order is issued; and (2) maintain a record of such transaction which shall include information concerning such person, the check or order, the method of payment, the payee of the check or order, and the aggregate amount of checks or money orders issued to such person on the same day to the extent such amount exceeds $10,000. Institutes other reporting requirements when such aggregate amount exceeds $10,000 or when the person receiving the check or money order refuses to provide information necessary to determine such amount. Requires any information required to be provided to a financial institution to be complete and accurate. Subjects to prescribed civil and criminal penalties any domestic financial institution or any employee, officer, or director thereof who knowingly or recklessly (currently, willfully) violates monetary transaction recordkeeping or reporting requirements. Amends the Right to Financial Privacy Act of 1978 to limit the information a financial institution may provide to a Government authority as relevant to a violation of Federal law or regulations to: (1) the names, addresses, and account numbers of persons; (2) information concerning the persons and acts involved (excluding financial records); and (3) the nature and a description of the violation. Preempts any State or local law that would prohibit such disclosure. Permits any financial institution or supervisory agency to disclose to the U.S. Attorney General, a State law enforcement agency, or the Secretary any financial record of any institution officer, director, employee, or controlling shareholder which is relevant to a possible violation of monetary transactions recordkeeping or reporting requirements or to a possible crime against the institution or supervisory agency by such individual. Grants the Secretary subpoena power in connection with investigations to enforce monetary transactions recordkeeping and reporting requirements. Directs the Secretary, within 30 days after any change in management or control of a financial institution, to review each outstanding exemption to such requirements granted by such institution. Prohibits a person from qualifying for such an exemption unless the relevant financial institution: (1) maintains a statement which contains such person's signature and describes why such person qualifies; and (2) certifies to the Secretary that such person qualifies. Amends the Federal Deposit Insurance Act and the National Housing Act to prescribe civil and criminal penalties for violations of certain recordkeeping requirements imposed on insured banks and institutions. Sets forth time limitations for: (1) the assessment of civil penalties for violations of monetary transactions recordkeeping and reporting requirements; and (2) commencement of civil actions to recover assessed penalties. Amends the Federal Deposit Insurance Act and the National Housing Act to direct the appropriate banking agency, upon receiving notice of a proposed acquisition of an insured bank or savings and loan association, to: (1) investigate the competence, experience, integrity, and financial ability of each person by or for whom the acquisition is to be made; (2) determine the accuracy and completeness of the information contained in such notice; (3) prepare and retain a report of its findings; and (4) publish the name of the bank or association to be acquired and the name of each person for or by whom the acquisition is to be made and solicit public comment on the proposed acquisition, unless such disclosure or solicitation would seriously threaten the safety or soundness of such bank or association. Authorizes any such agency, upon determining that a person has filed inaccurate, incomplete, or misleading information, or has violated other requirements of the Change in Bank Control Act or the Change in Savings in Loan Control Act, to seek injunctive or other equitable relief in the appropriate U.S. district court. Directs the Secretary to: (1) initiate discussions with the central banks or other appropriate governmental authorities of other countries on establishment of an information exchange system to assist the efforts of each country to reduce the international flow of money derived from illicit drug operations and other criminal activities; and (2) report to specified congressional committees within nine months on the results of such discussions. Increases the maximum criminal fine for Bank Secrecy Act violations from $500,000 to $1,000,000 for individuals and not more than $5,000,000 in other cases. Permits the Secretary to issue regulations defining the term "at one time" for purposes of reporting requirements on exporting and importing monetary instruments so that closely related events may be collectively considered to occur at one time. Subtitle B: Multilateral Development Banks - Drug Eradication Act of 1986 - Directs the United States to promote, through the International Bank for Reconstruction and Development, the International Development Association, the Inter-American Development Bank, the African Development Bank, and the Asian Development Bank, the development and implementation of national drug eradication programs in developing countries. Directs the Secretary of the Treasury to instruct U.S. Executive Directors of the multinational development banks to propose that assistance be provided to such countries in developing and implementing such programs. Authorizes the Secretary of State to certify the adequacy of such programs and annually review such programs. Requires the Secretary of the Treasury to instruct the U.S. Executive Directors of the multilateral development banks to: (1) vote against loans to major drug producing countries that have no certified program within one year of enactment of this Act; and (2) propose that their respective banks increase lending for crop substitution programs. Requires the Secretary to include an accounting of the manner and extent of compliance with this Subtitle in its annual report to the Congress. Requires the Secretary to instruct the United States Executive Directors of the multilateral development banks to vote against any loan for the benefit of any major illicit drug producing country when such action is required by: (1) the Drug Eradication Act of 1986; or (2) certain provisions of the Foreign Assistance Act of 1961. Title VI: Committee on the Judiciary - Subtitle A: Money Laundering - Money Laundering Control Act of 1986 - Amends the Federal criminal code to establish money laundering as a Federal offense. Sets forth fines and penalties for anyone who knowingly: (1) engages in a financial transaction in criminally derived property (inapplicable to bona fide attorney fees); (2) engages in a commercial transaction which is part of a scheme to conceal criminally derived property, or disguise the source or ownership of criminally derived property; or (3) transports or attempts to transport a monetary instrument or funds from a place in the United States to or through a place outside the United States, or vice versa, as part of a scheme to conceal criminally derived property, or disguise the source or ownership of criminally derived property. Provides for a fine of not more than $1,000,000 ($5,000,000 if the offender is a person other than an individual), or imprisonment for not more than 20 years, or both. Authorizes components of the Department of the Treasury to investigate such offenses. Establishes criminal and civil forfeiture procedures for the offense of money laundering. Authorizes the use of wiretaps in money laundering investigations. Amends the Right to Financial Privacy Act to make certain changes regarding the disclosure of information by financial institutions. Subtitle B: Designer Drugs - Designer Drug Enforcement Act of 1986 - Amends the Controlled Substances Act to include controlled substance analogs (designer drugs) as a schedule I controlled substance. Subtitle C: More Effective Criminal Penalties - Narcotics Penalties and Enforcement Act of 1986 - Part I: Controlled Substances Penalties - Amends the Controlled Substances Act to modify the threshold quantity and kinds of controlled substances (adding cocaine freebase, controlled substance analogs, and fentanyl analogs) which trigger enhanced penalties. Imposes a mandatory minimum sentence of ten years imprisonment (20 for subsequent offenses) for violations involving a specified large quantity of such substances. Increases the maximum sentence for such violations to 30 years imprisonment and a fine of up to $2,000,000 (life imprisonment and a fine of up to $4,000,000 for subsequent violations). Provides for a fine of up to $5,000,000 ($10,000,000 for subsequent violations) for violations involving a person other than an individual (organization). Specifies lesser penalties for smaller quantities of the same substance. Modifies the penalties for violations involving non-narcotic schedule I or II controlled substances, schedule III and IV and V controlled substances, and certain other substances (including marihuana). Increases the fines for certain Controlled Substances Act violations. Imposes criminal penalties (imprisonment for up to one year and a fine of up to $5,000, up to two years and $10,000 for subsequent violations) for possession of a controlled substance in a special maritime or territorial jurisdiction of the United States. Provides increased criminal penalties (a mandatory minimum sentence of 20 years imprisonment, maximum term of life) for certain Controlled Substances Act violations which result in death or a serious bodily injury. Amends the Controlled Substances Import and Export Act to modify the threshold quantity and kinds of controlled substances which trigger revised enhanced penalties. (Modifies the quantities and kinds of substances to reflect those in the Controlled Substances Act.) Increases the fines for certain Controlled Substances Import and Export Act violations. Provides increased criminal penalties (a mandatory minimum sentence of 20 years imprisonment, maximum term of life) for certain Controlled Substances Import and Export Act violations which result in death or serious bodily injury. Part II: Controlled Substance Offenses Relating to Children and Schools; Precursor and Essential Chemical Review - Imposes enhanced penalties for the manufacture of a controlled substance in or near an elementary or secondary school. (Current law imposes such enhanced penalties only for the distribution of a controlled substance in or near such schools.) Imposes increased penalties for employing persons under 18 years of age to manufacture or distribute a controlled substance. Directs the Attorney General to conduct a study on the need for legislation, regulation, or alternative methods to control the diversion of legitimate precursor and essential chemicals to the illegal production of drugs. Requires the Attorney General to report his findings to the Congress within 90 days of enactment of this Act. Part III: Controlled Substances Technical Amendments - Grants the Attorney General authority to enter into contracts with State and local law enforcement agencies to provide cooperative controlled substances enforcement. Subtitle D: White House Conference - White House Conference on Drug Abuse and Control Act of 1986 - Directs the President to call a White House Conference on Drug Abuse and Control to develop recommendations to prevent drug abuse and make treatment services available to drug abusers and to control the illicit trafficking of controlled substances. Directs the Conference to review: (1) the impact of recently enacted laws on efforts to control trafficking in controlled substances and to prevent drug abuse and treat drug abusers; (2) the recommedations of the President's Commission on Organized Crime as they relate to drug abuse and control of trafficking in controlled substances; (3) the extent to which specified sanctions have been, or should be, used in encouraging foreign states to comply with their international responsibilities respecting controlled substances; and (4) the circumstances contributing to the initiation of illicit drug usage. Requires the Conference to report its findings to the President and the Congress. Subtitle E: Career Criminals - Career Criminal Amendments Act of 1986 - Amends the Federal criminal code to provide increased mandatory penalties for any person who transports firearms or ammunition in interstate or foreign commerce if such person has multiple convictions for serious drug offenses and violent felonies. (Current law provides increased penalties where such person had multiple convictions for robbery and burglary.) Subtitle F: Drug and Alcohol Dependent Offenders Treatment - Drug and Alcohol Dependent Offenders Treatment Act of 1986 - Grants the Director of the Administrative Office of the United States Courts authority to contract with public and private agencies for the detection and treatment of alcohol-dependent and drug-dependent offenders. Amends the Contract Services for Drug Dependent Federal Offenders Authorization Act of 1983 to authorize appropriations for contracts for the supervision of released drug offenders through FY 1989. Subtitle G: Drug Enforcement Enhancement - Drug Enforcement Enhancement Act of 1986 - Authorizes appropriations for FY 1987 to the Department of Justice for: (1) the Drug Enforcement Administration; (2) assistant U.S. attorneys; and (3) U.S. marshals. Authorizes appropriations for: (1) FY 1987 through 1989 for the construction of Federal penal and correctional institutions; and (2) FY 1987 and 1989 for the Federal Prison System. Amends the Omnibus Crime Control and Safe Streets Act of 1968 to establish a grant program for the enforcement of State and local drug laws. Provides that the Federal portion of such programs shall be 50 percent (100 percent if such funds are distributed to Indian tribes which perform law enforcement functions). Sets forth eligibility and application requirements. Sets forth guidelines for the allocation and distribution of appropriated funds. Requires the Governor of each participating State to designate a State office to: (1) prepare the grant application; and (2) administer the funds received. Allows the Administrator of the DEA to make grants to State and local governments for the enforcement of State and local drug laws. Provides that such grants may cover up to 100 percent of the costs of such programs. Sets forth grant application requirements. States that such grants shall not be used for land acquisition or construction projects. Authorizes appropriations for FY 1987 and 1988. Permits the use of funds in the Department of Justice Drug Assets Forfeiture Fund for necessary program-related expenses and for equipping any vessels, vehicles, and aircraft available for official use by the Federal Bureau of Investigation. Authorizes appropriations for such Fund through FY 1988. Allows $10,000,000 (currently $5,000,000) in fund assets to be carried forward and available for appropriations in the next fiscal year. Title VII: Committee on Public Works and Transportation - Transportation Drug Act of 1986 - Amends the Federal Aviation Act of 1958 to permit the States to establish criminal penalties (including forfeiture of aircraft) for certain fraudulent activities regarding aircraft registration. Makes it mandatory for an aircraft operator to make an aircraft's certificate (or registration) available for inspection upon request by any law enforcement officer. Imposes criminal penalties (a fine of up to $25,000, and/or imprisonment for up to five years) for certain violations in connection with the air transportation of controlled substances. Directs the Secretary of Transportation to conduct a study to determine the relationship between the use of controlled substances and highway safety. Requires the Secretary to transmit the results of such study to the Congress. Title VIII: Committee on Education and Labor - Drug Abuse Education and Prevention Act of 1986 - Subtitle A: Establishment of Programs to Improve Drug Abuse Education and Prevention - Establishes a National Advisory Council on Drug Abuse Education and Prevention to: (1) attract and focus national attention on drug-related problems; (2) support and publicize programs of drug abuse education; and (3) advise the Secretary of Education. Directs the Secretary to establish Federal financial assistance programs for drug abuse education and prevention in elementary and secondary schools. Subtitle B: State and Local Programs of Drug Abuse Education and Prevention - Part I: General - Provides for: (1) State allocation of program grant funds; and (2) the allocation of such funds to local and intermediate educational agencies and consortia. Part II: State Programs of Drug Abuse Education and Prevention - Lists the State educational agency uses of such funds. Restricts the amount States may use for administrative costs. Sets forth the grant application requirements. Directs the Governor of each State, from specified reserved funds, to make grants to and enter into contracts with community-based organizations for drug abuse education and prevention programs for school dropouts (and for after school and vacation periods). Part III: Local Programs of Drug Abuse Education and Prevention - Lists the local or intermediate educational agency or consortium uses of such funds. Restricts the amount States may use for administrative costs. Sets forth the local educational agency, intermediate educational agency, or consortium grant application requirements. Subtitle C: Federal Programs of Drug Abuse Education and Prevention - Directs the Secretary to establish a national education and prevention program on drug abuse. Directs the Secretary to provide information on drug abuse education and prevention to the Secretary of Health and Human Services for dissemination by the clearinghouse for alcohol and drug abuse information (established under this Act). Directs the Secretary of Education to conduct a study of the nature and effectiveness of existing Federal, State, and local programs of drug abuse education and prevention. Requires the Secretary to report such findings to the President and the Congress. Directs the Secretary, from specified reserved funds, to make grants to or enter into contracts with institutions of higher education for drug abuse education and prevention programs. Requires that at least half of such funds be used for programs for students, with the remainder to be used for training grants and curricula development programs. Directs the Secretary, from specified reserved funds, to make payments and grants and enter into other financial arrangements for Indian programs of drug abuse education and prevention. Requires the Assistant Secretary of Indian Affairs to provide technical assistance and coordination for such programs. Subtitle D: General Provisions - Sets forth provisions for program participation of children and teachers from nonprofit private schools. Directs the Secretary of Labor to conduct a study on the incidence, severity, and impact of drug abuse at the workplace. Requires the Secretary to report such findings to specified congressional committees. Authorizes appropriations for FY 1987 for such report. Authorizes appropriations for FY 1987 through 1989. Title IX: Committee on Energy and Commerce - Drug Abuse Prevention and Treatment Act of 1986 - Subtitle A: Financial Assistance to States and Communities - Amends title XIX (Block Grants) of the Public Health Service Act to direct the Secretary of Health and Human Services to make allotments to States for: (1) treatment and rehabilitation services for persons suffering from drug abuse; and (2) community-based substance abuse prevention activities for school-aged children. Authorizes appropriations for such allotments. Subtitle B: Agency for Substance Abuse Prevention; Study - Establishes in the Alcohol, Drug Abuse, and Mental Health Administration the Agency for Substance Abuse Prevention. Provides that the Agency shall be headed by a Director who shall: (1) sponsor regional workshops on the prevention of drug and alcohol abuse; (2) coordinate research findings; (3) develop effective drug and alcohol abuse prevention literature; (4) create public service announcements for radio and television broadcasting; (5) support programs of clinical training of substance abuse counselors and other health professionals; (6) in cooperation with the Director of the Centers for Disease Control, develop educational materials to reduce the risks of AIDS among intravenous drug abusers; and (7) administer the allotment program established by this Act. Directs the Secretary to establish a clearinghouse for alcohol and drug abuse information. Establishes an advisory board to advise the Director of the Agency for Substance Abuse Prevention. Directs the Secretary to contract with the Institute of Medicine of the National Academy of Sciences to conduct a study of: (1) the extent to which coverage of drug abuse treatment is provided by private insurance, public programs, and other sources of payment; and (2) the adequacy of such coverage. Subtitle C: Advisory Commission on the Comprehensive Education of Intercollegiate Athletes - Establishes the Advisory Commission on the Comprehensive Education of Intercollegiate Athletes to investigate and advise the Congress regarding issues related to athletic programs at colleges and universities in the United States, including: (1) the use of drugs by athletes; (2) the impact of television on athletics; and (3) the balance between athletics and academics. Requires the Commission to report its findings to the Congress. Authorizes appropriations. Subtitle D: Alkyl Nitrites - States that alkyl nitrites and their isomers shall be treated as a drug for purposes of the Federal Food, Drug, and Cosmetic Act. Title X: Committee on Post Office and Civil Service - Federal Employee Substance Abuse Education and Treatment Act of 1986 - Requires the Office of Personnel Management to be responsible for appropriate prevention, treatment, and rehabilitation programs and services for drug and alcohol abuse among Federal employees. Requires the Office to report to the Congress regarding: (1) the drug and alcohol abuse programs being provided; (2) levels of participation in such programs; (3) the training and qualification requirements of personnel providing such programs and services; (4) training given to supervisory personnel; and (5) recommendations for legislative or administrative action. Directs the Director of the Office of Personnel Management to establish a Government-wide education program for Federal employees regarding drug and alcohol abuse. Requires the head of each executive agency to establish employee assistance programs and services for drug and alcohol abuse for the employees in such agencies. Requires the Office of Personnel Management to prepare guidelines for such programs and services. Directs the Office of Personnel Management to conduct a demonstration project to provide a basis for determining the feasibility and desirability of including certain benefits relating to the treatment of drug and alcohol abuse among those received under the Federal Employees Health Benefits Program. Requires the Office of Personnel Management to submit specified reports to specified congressional committees evaluating such projects. Title XI: Committee on Interior and Insular Affairs - Subtitle A: Indians and Alaska Natives - Indian Alcohol and Substance Abuse Prevention and Treatment Act of 1986 - Part I: General Provisions - Sets forth the findings, definitions, and purpose of this Act. Part II: Coordination of Resources and Programs - Directs the Secretary of the Interior and the Secretary of Health and Human Services to enter into a Memorandum of Agreement which shall: (1) define the scope of the problem alcohol and substance abuse for Indian tribes and assess its financial and human costs; (2) assess the resources available to combat alcohol and drug abuse among Indian people; (3) establish appropriate standards for each agency's program responsibility; (4) coordinate the Bureau of Indian Affairs and the Indian Health Service alcohol and substance abuse programs; (5) delineate the responsibilities of the Bureau of Indian Affairs and the Indian Health Service to coordinate services; (6) direct the Bureau of Indian Affairs agency and education superintendents and the Indian Health Service unit directors to cooperate; and (7) provide for an annual review of such agreement by the Secretary of the Interior and the Secretary of Health and Human Services. Requires the agreement to be submitted to the Congress and published in the Federal Register. Allows the governing body of any Indian tribe to establish a Tribal Action Plan to coordinate available resources and programs in an effort to combat alcohol and substance abuse among its members. Requires the Bureau of Indian Affairs agency and education superintendents and the Indian Health Service service unit director to cooperate, if requested, in developing such plans. Provides for the development of such plans by Bureau of Indian Affairs and Indian Health Service personnel if an Indian tribe fails to adopt such a plan. Establishes within the Office of the Assistant Secretary of Indian Affairs an Office of Alcohol and Substance Abuse to: (1) monitor the performance and compliance of programs of the Bureau of Indian Affairs in meeting the goals and purposes of such agreement and this Act; and (2) serving as a point of contact within the Bureau of Indian Affairs for Indian tribes and the Tribal Coordinating Committees. Establishes within the Office of Alcohol and Substance Abuse the position of Indian Youth Programs Officer. Directs the Secretary of the Interior and the Secretary of Health and Human Services to make available for community use, in the furtherance of the purposes and goals of this Act, local Federal facilities, property, and equipment. Directs the Secretary of the Interior to: (1) establish summer recreation, employment, and counseling programs for Indian youth; (2) keep open schools which are necessary to provide facilities for the programs established under this Act; and (3) provide coordinators, as needed, for such programs. Part III: Indian Youth Programs - Requires the Secretary of the Interior and the Secretary of Health and Human Services to review: (1) Federal programs providing specified services or benefits to Indian children and families; and (2) tribal, State, local, and private resources, benefits, and programs providing specified services. Requires the results of such review to be provided to each Indian tribe. Directs the Assistant Secretary of Indian Affairs to develop and implement a pilot program in selected schools to determine the effectiveness of summer youth programs in furthering the purposes and goals of this Act. Authorizes appropriations for FY 1987 through 1989. Directs the Secretary of the Interior to publish an alcohol and substance abuse newsletter. Requires the Tribal Action Plans to make provisions for the establishment, funding, licensing, and operation of emergency shelters or half-way houses for Indian youth who are alcohol or substance abusers. Urges States to require their law enforcement officers to place any youth arrested for any offense related to alcohol or substance abuse in such shelter or half-way house. Authorizes appropriations for FY 1987 through 1989 for the construction, renovation, and operation of such shelters and half-way houses. Directs the Secretary of the Interior to require the compilation of data relating to the number and types of child abuse and neglect cases seen and the type of assistance provided. Part IV: Law Enforcement and Judicial Services - Requires the Secretary of the Interior and the Secretary of Health and Human Services to review: (1) Federal programs providing law enforcement or judicial services to Indian tribes; and (2) tribal and State and local law enforcement and judicial programs and systems. Requires the results of such review to be provided to each Indian tribe. Part V: Bureau of Indian Affairs Law Enforcement - Increases the maximum sentence (from six months to one year) and fine (from $500 to $5,000) which a tribal court can impose for any offense. Requires the Secretary of the Interior to ensure that all Bureau of Indian Affairs and tribal law enforcement and judicial personnel have training available in the investigation and prosecution of offenses relating to illegal narcotics and in alcohol and substance abuse prevention and treatment. Authorizes appropriations for FY 1987 through 1989. Requires the Memorandum of Agreement to include a provision for the development and implementation of a procedure for the emergency medical assessment and treatment of Indian youth arrested or detained by the Bureau of Indian Affairs or tribal law enforcement personnel for offenses relating to or involving alcohol or substance abuse. Directs the Secretary of the Interior to: (1) establish and implement a program for the eradication of marijuana cultivation within Indian country; (2) provide assistance to the Papago Indian Tribe of Arizona for the investigation and control of illegal narcotics traffic on the Papago Reservation; (3) develop and implement a plan for the construction or renovation and staffing of tribal juvenile detention and rehabilitation centers; (4) provide for the development of a Model Indian Juvenile Code; and (5) collect data regarding calls and encounters, and arrests and detentions, and the disposition of cases involving Indians where alcohol or drug abuse is a contributing factor. Part VI: Indian Alcohol and Substance Abuse Treatment and Rehabilitation - Requires the Secretary of the Interior and the Secretary of Health and Human Services to review: (1) Federal programs providing health services and benefits to Indians; (2) tribal, State, local, and private health resources and programs; (3) where facilities that provide such treatment are or should be located; and (4) the effectiveness of private and public alcohol and substance abuse treatment programs. Requires the Memorandum of Agreement to include provisions pursuant to which the Indian Health Service shall assume responsibility for: (1) determining the scope of the alcohol and substance abuse problem among Indians; (2) assessing the existing and needed resources to support an alcohol and substance abuse prevention and treatment program for Indians; and (3) estimate the funding necessary to support such a program. Requires the Secretary of Health and Human Services to: (1) provide a comprehensive alcohol and substance abuse prevention and treatment program for members of Indian tribes; (2) develop and implement a program for acute detoxification and treatment for Indian youth who are alcohol and substance abusers; (2) begin the construction of 11 regional treatment centers serving Indian tribes; (3) develop and implement within each Indian Health Service service unit community-based rehabilitation and follow up services for Indian youth who are alcohol or substance abusers; (4) develop and implement within each service unit a program of community education and involvement; (5) require that the existing health staff of the Indian Health Service receive training in alcohol and substance abuse; (6) develop and implement a program of alcohol and substance abuse prevention through education intervention; (7) identify and use existing federally owned structures as residential alcohol and substance abuse treatment centers for Indian youths; (8) make grants to the Navajo tribe to establish a demonstration program in Gallup, New Mexico, to rehabilitate adult Navajo Indians suffering from alcoholism or alcohol abuse; and (9) compile data on the number of incidents where Indian Health Service personnel or services were involved in matters related to alcohol or substance abuse. Subtitle B: National Park Service Program - National Park Police Drug Enforcement Supplemental Authority Act - Authorizes additional appropriations for National Park Police for personnel, training, and equipment. Subtitle C: Programs in United States Insular Areas - U.S. Insular Areas Drug Abuse Act of 1986 - Requires the President to report annually to the Congress on the efforts of Federal agencies in preventing the illegal entry of controlled substances into the United States. Authorizes law enforcement officers of the Governments of American Samoa and the Northern Mariana Islands to: (1) execute and serve warrants, subpoenas, and summons issued under the authority of the United States; (2) make arrests without warrants; and (3) make seizures of property to carry out the purposes of this Act, the Controlled Substances Import and Export Act, and any other applicable Federal narcotics laws. Authorizes the Attorney General to train such law enforcement officers and provide certain law enforcement equipment. Requires the Drug Enforcement Administration, the Federal Bureau of Investigation, the Coast Guard, the Customs Service, and the Postal Service to assign and maintain a specified number of agents, officers, and vessels in Guam, Puerto Rico, and the Virgin Islands. Requires the Attorney General to provide technical assistance and equipment to such Governments. Authorizes appropriations. Title XII: Committee on Government Operations - National Antidrug Reorganization and Coordination Act - Requires the President to submit recommendations to the Congress for legislation to reorganize the executive branch to more effectively combat international drug traffic and drug abuse.
United States · United States Congress · 15 August 1986
Renames a specified Veterans Administration care center in Queens, New York, the Joseph P. Addabbo Veteran's Administration Extended Care Center at Saint Albans.
United States · United States Congress · 30 July 1986
Designates the 1987 United States Capitol Historical Society "We The People" calendar as the congressional calendar for the Bicentennial of the United States Constitution.
United States · United States Congress · 29 July 1986
Requires LTV Corporation and all of its subsidiaries which filed for bankruptcy to continue to pay all medical and life insurance benefits to retirees until an appropriate court orders otherwise.
United States · United States Congress · 24 July 1986
Congressional Gold Medal Act - Establishes standards for the award of the Congressional Gold Medal, including that a person: (1) has performed a major achievement; (2) has not received a Medal for the same or similar achievement; (3) be living or, if deceased, shall have been deceased for not less than five years and not more than ten years; and (4) has performed an achievement that represents a lifetime of continuous superior achievements or a single achievement recognized and acclaimed by others in the same field.
![Official portrait of Rep. Annunzio, Frank [D-IL-11]](https://www.congress.gov/img/member/a000212_200.jpg)