United States · United States Congress · 3 June 1982
Jobs and Business Opportunities for the Handicapped Act of 1982 - Transfers all functions of the Committee on Purchase of Products and Services of the Blind and Other Severely Handicapped to the Secretary of Commerce. Establishes in the Department of Commerce the Handicapped Employment and Business Opportunities Administration. Directs the Secretary to delegate his or her functions under this Act to the head of such Administration. Directs the Secretary to establish and publish a list of the commodities produced and services provided by any qualified industry employing the blind or other severely handicapped (currently restricted to qualified nonprofit agencies for the blind or severely handicapped). Permits any qualified industry determined by the Secretary to be eligible to receive Government contracts to apply to have a commodity or service placed on such list. Directs the Secretary to: (1) evaluate the capacity of such applicant to produce the commodity or service in accordance with Government specifications and time requirements; and (2) publish his or her determination concerning the application. Authorizes the Secretary to reject the placement of any item on the list and to limit the quantity of any item approved for the list. Directs the Secretary to determine and revise as appropriate the fair market price of items which are on the list and which are offered for sale to the Government. Specifies procedures for determining an item's fair market price. Directs the Secretary to establish and administer criteria for determining the eligibility of qualified industries that apply to receive Government contracts for items on the list. Authorizes any qualified industry which meets such criteria to receive Government contracts if it is determined before the contract is awarded that the qualified industry is not in violation of any: (1) applicable standard of the Occupational Safety and Health Act; (2) order of the National Labor Relations Board; or (3) applicable provision of the Fair Labor Standards Act of 1938. Directs the Secretary to reevaluate each qualified industry periodically. Directs the Secretary to establish procedures for allocating Government contracts among qualified industries. Authorizes the Secretary to regulate: (1) specifications for commodities and services on the procurement list; (2) time of their delivery; and (3) such other matters necessary to carry out the purposes of this Act, including standards designed to promote upward mobility and to expand opportunities for blind and other severely handicapped persons. Directs the Secretary to insure that priority be given to purchasing items from qualified industries employing the blind. Authorizes the Secretary to hire either a nonprofit or a for profit organization for the purpose of: (1) furnishing technical assistance for qualified industries providing commodities or services to the Government; and (2) projects designed to help blind or other severely handicapped persons to achieve upward mobility within qualified industries or to move from employment in qualified industries to the private sector. Limits the amount of money the Secretary may spend for such purposes. Directs the Secretary to make a continuing study and evaluation of the Secretary's activities under this Act. Establishes a Coordination and Advisory Council to: (1) advise the Secretary on all functions and activities of the Handicapped Employment and Business Opportunities Administration; (2) monitor the implementation of this Act and recommend methods of expanding opportunities for the blind and other severely handicapped; and (3) help the Secretary coordinate the contracting activities of the Federal Government under this Act. Requires Federal agencies to procure any commodity or service on the procurement list from a qualified industry at the price established by the Secretary. Exempts from such requirement certain products made by prison inmates. Grants the Comptroller General of the United States access, for auditing purposes, to any records of the Administration and to certain records of Federal agencies. Authorizes appropriations for FY 1982 through 1985. Abolishes the Committee for the Purchase of Products and Services of the Blind and Other Severely Handicapped.
United States · United States Congress · 27 May 1982
Fair Trade in Steel Act of 1982 - Declares that it is congressional policy to allow access to the U.S. market for foreign-produced steel on an equitable basis in order to safeguard the national security, insure orderly trade, and alleviate U.S. balance-of-payments problems. Title I: Steel Tripartite Advisory Council - Directs the President to establish within the Executive Office of the President a Steel Tripartite Advisory Council. Requires the Council to advise the President and Congress on problems within the basic steel industry and to provide advice and recommendations on related domestic and international issues. Requires other Federal agencies to provide the Council with economic information upon request. Directs the Council to report to the President on the condition of the steel industry. Title II: Quantitative Restrictions on Imports of Certain Steel Products - Limits to 5,000,000 tons the amount of articles in all steel product categories that may be imported between July 1, 1982, and January 1, 1983. Imposes a further limitation on such imports if unemployment in the domestic steel industry reaches between ten percent and 15 percent for three consecutive months. Prohibits any steel imports if unemployment in the domestic industry for three consecutive months is over 15 percent. Limits the amount of steel imports in each calendar year after 1982 to 10,000,000 tons. Imposes further limitations on imports depending upon the level of unemployment in the domestic industry. Imposes additional limitations on imports during any year after 1982 of articles in any one steel product category. Imposes a per country limitation on imports during such years of articles: (1) in all steel product categories; and (2) within any one steel product category. Directs the Secretary of Commerce to apportion shares of the U.S. market to foreign countries on the basis of information provided by the Secretary of the Treasury. Declares that it is the goal of this title to ensure that the imports of articles in all steel product categories be equalized on a monthly basis throughout each calendar year. Directs the Secretary of Commerce to impose additional limitations on the imports from a country whose exports to the United States exceed a specified limit. Authorizes the President to reduce such restrictions imposed under this title if the President makes a specified determination and the Congress, after notification by the President, does not adopt a concurrent resolution disapproving such reduction. Title III: Quantitative Restrictions on Iron Ore Imports - Limits the amount of iron ore that may be imported: (1) between July 1, 1982, and December 31, 1982, to 7,000,000 tons; (2) during 1983 to 14,000,000 tons; and (3) during 1984 to 14,000,000 tons, unless the Secretary finds that there has been an increase in employment in the domestic iron ore industry. Provides for a ten percent increase in imports in 1984 for each ten percent increase in employment. Authorizes the Secretary to waive the restrictions on imports of iron ore in order to insure continued operation of domestic steelmaking plants. Requires that such waiver be made on a plant-by-plant basis and only if the Secretary makes a specified determination.
United States · United States Congress · 27 May 1982
Expresses the sense of the House of Representatives that the United States: (1) should not sell advanced weapons to Jordan; (2) should ensure that Israel retains its qualitative military edge in the Middle East; and (3) should focus its efforts on bringing Jordan into direct peace negotiations with Israel.
United States · United States Congress · 21 May 1982
Professional Sports Stabilization Act of 1982 - Declares that it shall not be unlawful under any antitrust law for a professional sports league and its member clubs to enforce rules: (1) requiring approval by the league membership for the relocation of a member club; or (2) providing for the division of league or member club revenues that promote comparable economic opportunities for member clubs. Prohibits State and local governments from imposing limitations on the collective conduct of sports leagues or member teams authorized by this Act. Specifies the applicability of this Act to actions commenced under the antitrust laws before its enactment.
United States · United States Congress · 12 May 1982
Expresses the sense of the Congress that: (1) the President should direct the appropriate agencies to pursue vigorously and conclude promptly the countervailing duty and antidumping investigations being conducted under the Tariff Act of 1930 and the Trade Act of 1974 concerning foreign trade practices involving carbon steel mill products and specialty steel mill products; and (2) the Congress should consider legislation to strengthen U.S. trade laws if necessary.
United States · United States Congress · 11 May 1982
Permits any parcel of food, medicine, or clothing weighing not more than 22 pounds to be mailed for free from the United States to Poland, if it may be opened by the Postal Service for inspection. Authorizes appropriations. Authorizes such mailing privilege for a period of two years.
United States · United States Congress · 6 May 1982
Housing and Automobile Industries Recovery Act of 1982 - Title I: Exemption for the Purchase of Certain Bonds by Employee Pension Benefit Plans - Provides a temporary exemption from certain provisions of the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code relating to prohibited transactions for the purchase of certain bonds sold to fund residential mortgages and domestic motor vehicle loans. Title II: Interest Reduction Payments - Provides for interest reduction payments by the Secretary of Housing and Urban Development to assist with the financing of the purchase of certain residences and domestic motor vehicles. Sets forth: (1) requirements and restrictions for eligible loans and mortgages; and (2) guidelines for the allocation of such payments. Authorizes appropriations for FY 1982 through 1988 to carry out this title. Prohibits the Secretary from making any commitments to make interest reduction payments under this title after August 31, 1983.
United States · United States Congress · 4 May 1982
Net Worth Guarantee Act - Amends the Federal Deposit Insurance Act, the National Housing Act, and the Federal Credit Union Act to permit the Federal Deposit Insurance Corporation, the Federal Home Loan Bank Board and the National Credit Union Administration Board to guarantee the net worth of qualified insured institutions. Requires that, to qualify for a guarantee, an institution's net worth be less than two percent of its assets, that it have losses in at least two consecutive quarters, and that at least 20 percent of its loans and investments be in mortgages secured by or securities backed by residential real estate. Requires that an institution use at least 60 percent of its annual net new deposits to issue mortgages which meet specified criteria. Sets forth a formula for determining the amount of any such guarantee. Permits additional guarantees of net worth after a two year period if the certified continued earnings losses are caused by general market conditions and not by the actions of the institution. Requires a qualified institution, when its net worth reaches three percent of its assets, to begin to reduce the amount of guarantees received. Declares that the total annual reduction of guarantees of net worth received by such institution shall not be less than 50 percent of the net income, after taxes, of such bank for the year involved. Declares that outstanding guarantees of net worth provided by the Corporation shall be backed by the Net Worth Guarantee Account established by this Act. Establishes in the Treasury of the United States a Net Worth Guarantee Account which shall be used for the required payment of any guarantee of net worth issued pursuant to this Act. Limits the total amount of guarantees of net worth issued under this Act at any time to $8,500,000,000. Declares that no guarantee of net worth may be issued after Deptember 30, 1984. Requires the Federal Home Loan Bank Board, the Board of Directors of the Federal Deposit Insurance Corporation, and the National Credit Union Administration Board to make quarterly reports to each House of Congress specifying the types and amounts of guarantees of net worth provided to each depository institution and the conditions imposed on each such institution. Requires the Comptroller General to conduct semiannual audits of each guarantee of net worth and of the Net Worth Guarantee Account and transmit such report to Congress.
United States · United States Congress · 4 May 1982
Expresses congressional approval of the 1979 strategic arms limitation agreement between the Soviet Union and the United States (SALT II). Directs the President to transmit to the Soviet Union the necessary instruments of ratification.
United States · United States Congress · 3 May 1982
Expresses the sense of the House of Representatives that: (1) a continued Federal commitment to the railroad retirement system is essential to assure the integrity of railroad retirees' benefits; and (2) the preservation of the present structure of the railroad retirement system, including the Railroad Retirement Board, is necessary to fullfill the responsibility of the Government.
United States · United States Congress · 29 April 1982
Amends rule XXII of the Rules of the House of Representatives to make it out of order in the House, during the Ninety-seventh Congress, to consider legislation that would reduce benefits or cost of living adjustments now or in the future under: (1) title II of the Social Security Act (Old Age, Survivors and Disability Insurance); (2) the Railroad Retirement Act; (3) any retirement system for civilian employees of the Federal Government; and (4) any provision of law providing retired or retainer pay for members of the uniformed services.
United States · United States Congress · 28 April 1982
Amends the Internal Revenue Code to exempt from the tax on excess business holdings of private foundations any such foundation holding stock or other interests in certain insurance companies. Requires that such insurance companies must: (1) have admitted assets of over $1,300,000; (2) have a headquarters located in the community where it was located on January 1, 1982; and (3) employ at its headquarters not less than 80 percent of the individuals employed on January 1, 1982.
United States · United States Congress · 26 April 1982
Olympic Commemorative Coin Act - Directs the Secretary of the Treasury to issue one-dollar silver coins and ten-dollar gold coins emblematic of the 1984 Los Angeles Summer Olympic Games. Requires the Secretary to determine the designs of such coins. Requires the issuance of the silver coins in two separate designs, one in 1983 and one in 1984. Declares such coins legal tender and limits the amount issued. Directs the Secretary to prescribe regulations for the sales of such coins within the United States, including a surcharge per coin. Requires the Secretary to assign the rights to market such coins outside the United States to one or more marketing organizations selected by a committee consisting of the Secretary, the executive director of the United States Olympic Committee, and the President of the Los Angeles Olympic Organizing Committee. Sets forth selection criteria for such marketing organizations. Directs the Secretary to pay: (1) 50 percent of all surcharges from the sale of the coins to the United States Olympic Committee to train United States Olympic athletes, support local or community amateur athletic programs, and to erect training facilities; and (2) 50 percent of such surcharges to the Los Angeles Olympic Organizing Committee to stage and promote the games. Requires the Secretary to enter into an implementation agreement with the marketing organization selected under this Act, which shall ensure that the issuance of the commemorative coins shall result in no net cost to the United States. Authorizes the Secretary to terminate the agreement if the termination is in the best interests of the United States. Requires deposit of all amounts received from the sale of such coins in the Coinage Profit Fund. Charges all expenditures under this Act to such Fund. Grants the Comptroller General the right to examine the records of the United States Olympic Committee and the Los Angeles Olympic Organizing Committee with respect to amounts received under this Act. Prohibits the issuance of coins under this Act unless the Secretary has received full payment for them. Requires the Secretary to report to Congress not later than 45 days after each calendar quarter on the activities carried out under this Act during such quarter. Terminates such requirement after December 31, 1985.
United States · United States Congress · 21 April 1982
Requires the appropriate congressional committees to begin oversight hearings on: (1) the safety of the use of the pertussis vaccine; (2) the activities of the Food and Drug Administration and the Centers for Disease Control respecting the use of the vaccine and the incidence of its side effects; and (3) the need for additional legislation respecting regulation of such vaccine. Expresses the sense of Congress that the Food and Drug Administration should begin an epidemiological study, and other appropriate studies, to determine whether or not it is consistent with public health to require or to promote the continued use of pertussis vaccine.
United States · United States Congress · 20 April 1982
Amends the Credit Control Act to repeal the provision of such Act which would terminate credit control authority on June 30, 1982. Permits the President to authorize the Board of Governors of the Federal Reserve System to regulate and control any or all extensions of credit whenever necessary or appropriate to reduce high levels of unemployment in any sector of the economy, or to prevent or control inflation or recession. Permits the Board, after receiving such Presidential authorization, to prescribe limitations with respect to credit for nonproductive purposes.
United States · United States Congress · 20 April 1982
Expresses the sense of the House of Representatives that neither the President nor Congress should impose import fees on crude oil or refined petroleum products.
United States · United States Congress · 20 April 1982
Expresses the sense of the Congress that the President should: (1) consider appointing a high level official as the President's personal representative in seeking a solution to the Cyprus conflict; (2) call upon Turkey to withdraw from Cyprus; (3) pursue every appropriate avenue to persuade the United Nations to seek a prompt resolution to this conflict; and (4) consider placing this issue before the appropriate North Atlantic Treaty Organization body for assistance and resolution.
United States · United States Congress · 5 April 1982
Olympic Commemorative Silver Dollar Act - Directs the Secretary of the Treasury to issue one-dollar silver coins emblematic of the 1984 Los Angeles Summer Olympic Games. Declares such coins legal tender. Requires sale to the public at a surcharge of at least $10 per coin, plus the costs of issuance. Requires deposit of all amounts received from the sale of such coins in the coinage profit fund. Charges all expenditures under this Act to such fund. Requires the Secretary to pay specified nonrefundable amounts to: (1) the U.S. Olympic Committee to train U.S. Olympic athletes, to support amateur athletic programs, and to erect training facilities; and (2) the Los Angeles Olympic Organizing Committee to stage and promote the games. Authorizes the Comptroller General to examine the records of both committees relative to the expenditure of such amounts. Requires the Secretary to report to Congress not later than 45 days after each calendar quarter on the activities carried out under this Act during such quarter. Terminates the issuance of the coins after December 31, 1985.
United States · United States Congress · 31 March 1982
Bank Export Services Act - Amends the Bank Holding Company Act of 1956 to permit bank holding companies to invest in shares of any export trading company whose acquisition or formation by a bank holding company has been approved by the Board of Governors of the Federal Reserve System. Limits the investments in such shares to not more than five percent of the bank holding company's consolidated capital and surplus. Prohibits the name of the export trading company involved from being similar in any respect to the name of the bank holding company which owns any of its voting stock or other evidences of ownership. Amends the Federal Reserve Act to permit corporations organized for international or foreign banking, with the approval of the Board of Governors of the Federal Reserve System, to purchase and hold stock or other certificates of ownership in such an export trading company. Prohibits such an investment from exceeding 25 percent of the corporation's own capital and surplus. Permits an export trading company to engage in or hold shares of a company engaged in the business of underwriting, selling, or distributing securities in the United States only to the extent that the corporation may do so under applicable Federal and State banking law and regulations. Prohibits such an export trading company from engaging in manufacturing or agricultural production activities. Raises the ceiling on the aggregate amount of not-fully-secured acceptances which a depository institution and any Federal or State branch or agency of a foreign bank can create with respect to the importation, exportation, or domestic shipment of goods. Increases such limitation from one-half to 150 percent of the capital stock or, with the Federal Reserve Board's permission, twice the amount of the capital stock. Limits the aggregate acceptances growing out of domestic transactions to not more than 50 percent of the aggregate of all acceptances. States that such limitations do not apply to any acceptance which is issued by an institution and which is covered by a participation agreement from other banks or regulated corporations. Repeals the requirement that shipping documents be attached to acceptances arising from the domestic shipment of goods.
United States · United States Congress · 29 March 1982
Authorizes the President to designate April 4, 1982, as the National Day of Reflection. Notes that such date coincides with the 80th birthday of Rabbi Menachem Mendel Schneerson, head of the Lubavitch movement.
United States · United States Congress · 29 March 1982
Expresses the sense of Congress that no cuts should be made in the cost of living adjustments under title II (Old Age, Survivors and Disability Insurance) of the Social Security Act.
United States · United States Congress · 25 March 1982
Mortgage Interest Rate Reduction Act of 1982 - Amends the Internal Revenue Code to exclude from the gross income of qualified lenders 25 percent of the interest received on certain mortgage loans. Requires that the effective rate of interest on such financing not exceed 90 percent of the prevailing conventional mortgage rate. Specifies that such exclusion is not limited to the lender who originated the loan. Provides that for purposes of the bad debt deduction for commercial banks, qualified mortgage loans shall be included in computing the percentage of outstanding loans.
United States · United States Congress · 24 March 1982
States that the Federal Government should restore balance to the Department of Energy's FY 1983 budget by maintaining funding for energy conservation, renewable energy, and weatherization programs and by distributing information on conservation and renewable energy.
United States · United States Congress · 17 March 1982
States that the United States and the Soviet Union should begin the strategic arms reduction talks (START) with the following objectives: (1) preserving present controls on current nuclear weapons and nuclear delivery systems while pursuing substantial, equitable, and verifiable reductions; (2) seeking methods of avoiding the testing and deployment of destabilizing nuclear weapons; and (3) incorporating the ongoing negotiations on land-based intermediate-range nuclear missiles into the START negotiations.
United States · United States Congress · 16 March 1982
Expresses the sense of the House of Representatives that: (1) the President should reject the preliminary recommendation of the Commission on Housing for a Federal preemption of State law permitting mortgage assumptions; and (2) neither the President nor Federal agency or department shall take any action to limit the rights of States or the courts to prohibit or impose limits on the use of due-on-sale clauses.
United States · United States Congress · 16 March 1982
Reaffirms that deposits, up to the statutorily prescribed amount, in federally insured depository institutions are backed by the full faith and credit of the United States.
United States · United States Congress · 15 March 1982
Family Housing Production Act of 1982 - Requires the Secretary of Housing and Urban Development, through the Government National Mortgage Association, to enter into five-year contracts to provide periodic assistance payments on behalf of homeowners to mortgagees and other lenders. Directs the Secretary to give priority to assisting persons who have not owned a home within the last three years. Permits payments to be made only to a mortgagor who satisfies requirements for creditworthiness and has a family income not exceeding 140 percent of the area median income and who: (1) is the original owner of a manufactured home the loan for which is incurred under the National Housing Act; or (2) has a fixed-rate 30-year mortgage which is secured by a home built after enactment of this Act, has no prepayment penalty, and requires increased payments beginning with the second year which shall be applied to the principal obligation until it is paid off. Limits the amount of assistance payments to the difference between the amount of the monthly payment for principal, interest, and loan insurance under the first year of the loan and the amount the monthly payment for principal and interest would be if the interest rate on the loan were: (1) ten percent (12 percent for a manufactured home); or (2) four percentage points less than the rate specified in the loan, whichever rate is higher. Requires that the mortgagor pay at least 25 percent of his or her income toward the monthly loan payment. Declares that manufactured homes shall comprise not more than 20 percent of the units assisted under this Act. Directs the Secretary to allocate the amount available to carry out this Act on the basis of the population, decline in housing starts, and unemployment rate in each State relative to all States. Directs the Secretary to recapture the lesser of the amount of assistance provided under this Act or an amount equal to 50 percent of the net appreciation of the property whenever the mortgagor sells the property or rents it for a period exceeding one year. Authorizes the Secretary to insure mortgages assisted under this Act.
United States · United States Congress · 15 March 1982
Reaffirms that deposits, up to the statutorily prescribed amount, in federally insured depository institutions are backed by the full faith and credit of the United States.
United States · United States Congress · 11 March 1982
States that the United States and the Soviet Union should: (1) pursue a complete halt to the nuclear arms race; (2) decide when and how to achieve a mutual and verifiable freeze on the testing, production, and further deployment of nuclear warheads, missiles, and other delivery systems; (3) give special attention to destabilizing weapons; and (4) proceeding from this freeze, pursue major, mutual, and verifiable reductions in nuclear warheads, missiles, and other delivery systems.
United States · United States Congress · 10 March 1982
Amends the Internal Revenue Code to allow an individual to withdraw amounts from an individual retirement account for the purchase of a principal residence. Requires that ten percent of the amount withdrawn shall be included in the gross income of the distributee over a period of ten years beginning with the taxable year in which the distributee: (1) disposes of such principal residence or ceases to use it as a principal residence; or (2) attains the age of 59 1/2. Allows such withdrawals only if: (1) the amount withdrawn is used within 90 days for the purchase of the principal residence; (2) the individual retirement account was established at least 36 months before such withdrawal; (3) the trustee of such account is a qualified home mortgage institution; and (4) the trustee is given at least 60 days notice before such withdrawal.
![Official portrait of Rep. Annunzio, Frank [D-IL-11]](https://www.congress.gov/img/member/a000212_200.jpg)