United States · United States Congress · 17 April 1975
Truth in Savings Act - Declares that economic stability would be enhanced, competition among savings institutions improved and the economic security of the consumer strengthened by the full disclosure of the terms and conditions under which earnings on savings deposits are payable. Establishes a method to determine annual percentage rate, periodic percentage rate, and annual percentage yield in saving deposit earnings. Exempts from this Act: (1) transactions involving a deposit of funds if the primary purpose of such deposit is to secure the performance of a contract; (2) earnings payable on premiums, accumulated dividends, or amounts left on deposit under an insurance contract; and (3) any obligation issued by a Federal, State, or local government or any entity thereof. Establishes disclosure requirements to be applied to any individual upon request and at the time funds are initially placed in an individual savings deposit in a savings institution. Requires advertisements relating to the earnings payable on an individual savings deposit to state with equal prominence the annual percentage rate and the annual percentage yield. Prohibits any indication of any percentage rate or percentage yield based on a period in excess of one year or based on the effect of any grace period. Designates the governmental agencies that have responsibility for enforcing compliance with the requirements of this Act. Establishes civil liability for a savings institution that fails to comply with this Act. Permits a savings institution to avoid liability if it notifies individuals of errors within 15 days of discovery, or upon receipt of written notice of an error and prior to the bringing of an action the institution notifies the individual and makes necessary adjustments. Provides a maximum criminal penalty of a fine of $5,000 for willful and knowing violation of the requirements of this Act. Authorizes the Board of Governors of the Federal Reserve System to obtain the view of any other Federal or State agency exercising regulatory or supervisory functions with respect to any class of savings institutions subject to this Act. Limits effect of the Act on pertinent State laws and on the validity and enforceability of any contract or obligation under State or Federal law. Requires the Board to make an annual report to Congress concerning the administration of its functions under this Act. Provides for the continued validity of the remainder of this Act should any provision be held invalid.
United States · United States Congress · 17 April 1975
Authorizes the President to issue a proclamation designating January 22 of each year as "Ukrainian Independence Day". Requests that the President invite the people of the United States to observe the day with appropriate ceremonies.
United States · United States Congress · 16 April 1975
Declares that no provision of any law of the United States authorizes the Federal Home Loan Bank Board to permit lending institutions to offer loans secured by improved real estate with variable interest rates. Provides that the Board may not do so until Congress by law authorizes such variable interest rates.
United States · United States Congress · 10 April 1975
Provides that concerted activities on the part of labor organizations or laborers employed in the construction business shall be unfair labor practices within the meaning of the National Labor Relations Act when directed at any of several employers on a construction site only if such acts would otherwise be unfair labor practices within the meaning of the Act. Requires ten days' notice to be given to the Federal Mediation and Conciliation Service of intent to strike a military installation engaged in specified activities.
United States · United States Congress · 8 April 1975
Expresses the sense of Congress that the President shall utilize contacts with the Soviet Union to persuade that government to allow the resurrection of the Ukranian Orthodox and Catholic churches and to insure religious freedom. Calls upon the President to raise in the United Nations the issue of Stalin's liquidation of the two churches and the effect such action has upon the Soviet Union's posture in light of the United National Charter and the Declaration of Human Rights.
United States · United States Congress · 25 March 1975
Emergency Homeowners' Relief Act - Authorizes the Secretary of Housing and Urban Development to make repayable emergency mortgage relief payments on behalf of homeowners who are delinquent in their mortgage payments in cases where the mortgagor has incurred a substantial reduction in income due to adverse economic conditions. States that the payments made under this Act shall be repayable at not more than 8 percent interest. Authorizes to be appropriated for the purpose of this Act up to $500,000,000. Provides that mortgage relief payments shall not be made after July 1, 1976. Directs the Secretary to report every 60 days to the Congress with respect to the delinquencies and forclosures in the housing market areas of the country and government action with respect thereto.
United States · United States Congress · 25 March 1975
Concentrated Industries Anti-Inflation Act - Establishes a Price Restraint Board to be composed of five members who shall issue standards and guidelines for noninflationary price adjustments. States that the basic guideline for price adjustments shall be the maintenance of the dollars and cents profit margin per unit of output of any firm for any product or product category which prevailed for such firm during such fiscal years as the Board may designate. Provides that subsidiary standards and guidelines for price adjustments shall provide for modifying the basic guideline, as the Board may find necessary, to avoid undue hardship, inequity, or impedance of economic growth. Provides for the classification of business firms into three categories based on amount of sales controlled by such firm. States that the Board shall publish monthly a weighted index of the prices of products of concentrated industries. Provides that, when necessary to carry out the purposes of this Act, the Board shall issue orders and regulations in accordance with its standards and guidelines to require prenotification of price increases, to delay proposed price increases in whole or in part, to disapprove proposed price increases in whole or in part, and to rollback prices with respect to products of firms in concentrated industries. States that such regulations and orders shall not apply to firms controlling less than $250,000,000 worth of sales. Enumerates the duties of business firms with respect to notification of the Board of intent to adjust prices after the effective date of this Act.
United States · United States Congress · 25 March 1975
Authorizes the establishment of seventy-three additional positions on the United States Capitol Police Force, for duty under the House of Representatives. Directs that such positions shall be in addition to the number of positions presently assigned to the Force. Specifies the rank of each new position. States that appointments shall be made by the Capitol Police Board, subject to prior approval of the Committee on House Administration. Specifies the rate of salary, and that such salaries shall be paid out of the contingent fund of the House of Representatives until otherwise provided by law.
United States · United States Congress · 21 March 1975
Provides hospital and medical care to members of the armed forces of Poland or Czechoslovakia who participated in armed conflict with an enemy of the United States during World War I or World War II, and who have been citizens of the United States for not less than 10 years. Provides that such hospital and medical care shall be available to the same extent as if such service had been performed in the Armed Forces of the United States.
United States · United States Congress · 21 March 1975
States that Congress urges President Ford to utilize every appropriate means for the transmission of a request to the Government of the Soviet Union that it release from prison Valentyn Moroz and Leonid Plyuskck, and that it permit them and their immediate families to emigrate from the Soviet Union to the country of their choice.
United States · United States Congress · 17 March 1975
Provides hospital and medical care to members of the armed forces of Poland or Czechoslovakia who participated in armed conflict with an enemy of the United States during World War I or World War II, and who have been citizens of the United States for not less than 10 years. Provides that such hospital and medical care shall be available to the same extent as if such service had been performed in the Armed Forces of the United States.
United States · United States Congress · 17 March 1975
Provides hospital and medical care to members of the armed forces of Poland or Czechoslovakia who participated in armed conflict with an enemy of the United States during World War I or World War II, and who have been citizens of the United States for not less than 10 years. Provides that such hospital and medical care shall be available to the same extent as if such service had been performed in the Armed Forces of the United States.
United States · United States Congress · 13 March 1975
Revises the Internal Revenue Code to allow as a deduction: (1) the home improvement expenses (up to a maximum of $500) paid by a taxpayer; and (2) the residential addition amortization (the aggregate of which may not exceed $5,000).
United States · United States Congress · 12 March 1975
Requires, under the Truth in Lending Act, that charges for credit life, accident, or health insurance written in connection with any consumer credit transaction be included in the finance charges. Provides that if such insurance is a part of the transaction solely as a result of the creditor's purchasing the insurance on a group basis prior to the transaction in order to assure that the insurance would be a part of the transaction without regard to any action by the debtor concerning the insurance, it need not be included.
United States · United States Congress · 12 March 1975
Consumer Leasing Act - Declares it the purpose of this Act to assure a meaningful disclosure of the terms of leases of personal property so as to enable the lessee to compare more readily the various lease and credit terms available to him, to limit balloon payments, and to assure meaningful and accurate disclosures of lease terms in advertisements. Requires, under the Truth in Lending Act, the lessor of personal property to give to the lessee, prior to the consummation of the lease, a dated written statement on which the lessor and lessee are identified setting out in a clear conspicuous manner the terms of the lease, as specified by this Act. Imposes specified limitations upon consumer lease advertising. Makes a lessor who violates the provisions of the Act civilly liable to the lessee. Enumerates damage limitations and defenses for the lessor.
United States · United States Congress · 11 March 1975
Expresses the sense of the House of Representatives that the provisions of title XII of the Organized Crime Control Act of 1970, creating a National Commission on individual Rights, be immediately implemented.
United States · United States Congress · 11 March 1975
Expresses the sense of the Congress that the President should convene immediately a meeting of the heads of all appropriate Federal departments and agencies for the purpose of taking such steps as may be necessary to prevent Arab discrimination against American business enterprises which have Jewish individuals serving in positions of major responsibility or which do business with Israel.
United States · United States Congress · 6 March 1975
Expresses the sense of Congress that the United States delegation to the European Security Conference should not agree to the recognition by the European Security Conference of the Soviet Union's annexation of Estonia, Latvia, and Lithuania and it should remain the policy of the United States not to recognize in any way the annexation of the Baltic nations by the Soviet Union.
United States · United States Congress · 5 March 1975
Directs the Comptroller General to audit annually the Federal Reserve Board, the Federal Advisory Council, the Federal Open Market Committee, and all Federal Reserve banks and branches. Requires the Comptroller General to report to the Congress within six months after the end of each fiscal year on the results of the audit. States that such report shall specifically indicate any program, financial transaction, or undertaking observed in the course of the audit which in the opinion of the Comptroller General has been carried out without legal authority.
United States · United States Congress · 4 March 1975
Requires, under the Fair Packaging and Labeling Act, that all persons engaged in business as retail distributors of packaged consumer goods mark the selling price plainly on the principal display panel of the package label.
United States · United States Congress · 20 February 1975
Provides, under the Equal Credit Opportunity Act, that an application for credit shall not be denied on the basis of the race, color, religion, national origin, or age of the applicant. States that the declination of credit on terms offered pursuant to: (1) any loan assistance program expressly authorized by law for an economically disavantaged class of persons; (2) any loan assistance program administered by a nonprofit organization for its members or an economically disadvantaged class of persons; or (3) any special purpose loan program offered by a profitmaking organization to meet special social needs which is specifically approved or meets standards prescribed in regulations, shall not constitute a violation of this Act. Stipulates that: (1) an inquiry by or on behalf of a creditor of the marital status of any applicant is not a violation if the inquiry is to ascertain the creditor's rights and remedies; and (2) a request by or on behalf of a creditor for the signature of both parties to a marriage to create a valid lien, pass clear title, waive inchoate rights to property, or to assign earnings; is not a violation of this Act. Sets forth civil penalties for violations of the provisions of this Act.
United States · United States Congress · 19 February 1975
Provides a credit against the income tax imposed under the Internal Revenue Code of (1) 5 percent (up to $1250) of the purchase price of a principal residence purchased during calendar year 1975; and (2) 2.5 percent (up to $625) of the purchase price of a principal residence purchased during 1976.
United States · United States Congress · 19 February 1975
Handgun Crime Control Act - States that it shall be unlawful for any person to import, manufacture, sell, buy, transfer, receive, or transport any handgun. Provides that the Secretary of the Treasury may exempt licensed importers, manufacturers, dealers, purchasers, or transporters of handguns from the above provision if their efforts are in behalf of the United States Government. Authorizes also the exemption of licensed pistol clubs from such restrictions. Provides for the voluntary delivery of handguns to any law enforcement agency for disposition, and states that the transferor shall be entitled to a payment of $25 or the fair market value of the handgun, whichever is greater. Authorizes the Secretary to license pistol clubs conforming to specified minimal standards, including the maintenance of possession and control of the handguns used by its members. Imposes criminal penalties on persons who violate any provision or knowingly make any false statement of representation with respect to the information required to be kept in the records of a licensed pistol club or in applying for any license. Authorizes the Secretary to prescribe such rules and regulations as he deems necessary to carry out the provisions of this Act. Authorizes to be appropriated such sums as are necessary to carry out the provisions of this Act.
United States · United States Congress · 19 February 1975
Provides a credit against income tax under the Internal Revenue Code in the amount of (1) 10 percent (up to $500) of the purchase price of each new motor vehicle purchased by the taxpayer during taxable year 1975; and (2) 5 percent (up to $250) of such purchase price paid during taxable year 1976. States that this credit shall not be available if the purchase price of a motor vehicle is greater than that purchase price in effect on January 15, 1975 (or, in the case of 1977 models, the price in effect on January 15, 1976). Provides for recapture of such credit upon disposition within 12 months of purchase of a new motor vehicle.
United States · United States Congress · 5 February 1975
National Insurance Development Act - Declares that it is the purpose of this Act to extend the duration of the national insurance development program so as to maintain the Federal riot reinsurance program and the Federal crime insurance program. Extends the present termination dates of such programs from April 30, 1975, to April 30, 1980. Extends the present date by which a plan for liquidation and termination of such programs is to be submitted to the Congress from April 30, 1978, to April 30, 1983.
United States · United States Congress · 5 February 1975
Designates the Federal office building to be located in Carbondale, Illinois, as the Kenneth S. Gray Federal Building. Provides that the Administrator of General Services is not permitted to change the designated name of such building.
United States · United States Congress · 5 February 1975
Revises the provisions of the Federal Food, Drug, and Comestic Act relating to the sale of margarine and oleomargarine in public eating places to: (1) delete provisions restricting the possession of margarine in a form ready for serving; and (2) adding the alternative that notice of margarine being served may be made on each separate serving.
United States · United States Congress · 4 February 1975
Provides hospital and medical care to members of the armed forces of Poland or Czechoslovakia who participated in armed conflict with an enemy of the United States during World War I or World War II, and who have been citizens of the United States for not less than 10 years. Provides that such hospital and medical care shall be available to the same extent as if such service had been performed in the Armed Forces of the United States.
United States · United States Congress · 4 February 1975
Public Safety Officers' Benefits Act - Provides for a Federal minimum death and dismemberment benefit to be paid to public safety officers, or surviving dependents of such persons. Defines the term "public safety officer" as meaning a person serving the United States or a State or unit of general local government, with or without compensation, in any activity pertaining to: (1) the enforcement of the criminal laws, including highway patrol, or the maintenance of civil peace by the national guard or the Armed Forces; (2) a correctional program, facility, or institution where the activity is potentially dangerous because of contact with criminal suspects, defendents, prisoners, probationers, parolees; (3) a court having criminal or juvenile delinquent jurisdiction where the activity is potentially dangerous because of contact with criminal suspects, defendents and prisoners; and (4) firefighting. Provides that no benefit shall be paid under this Act: (1) if the death or dismemberment was caused by the intentional misconduct of the public safety officer or by such officer's intention to bring about his death or dismemberment; (2) if voluntary intoxication of the public safety officer was the proximate cause of such officer's death or dismemberment; (3) in the event the public safety officer was killed, to any person who would otherwise be entitled to a benefit under this part, if such person's actions were a substantial contributing factor to the death of the public safety officer; or (4) if a notification of death or dismemberment has not been filed by or on behalf of a public safety officer under this part with the Attorney General or the Governor or highest executive of a State within one year after the date of death or dismemberment, unless the Administration finds that the failure to file was justified by good cause. Sets forth procedures for the payment of such benefits. Authorizes the appropriation of $40,000,000 for fiscal year 1975 to carry out this Act.
United States · United States Congress · 4 February 1975
Provides hospital and medical care to members of the armed forces of Poland or Czechoslovakia who participated in armed conflict with an enemy of the United States during World War I or World War II, and who have been citizens of the United States for not less than 10 years. Provides that such hospital and medical care shall be available to the same extent as if such service had been performed in the Armed Forces of the United States.
United States · United States Congress · 31 January 1975
Emergency Homeowners' Relief Act - Declares that the purpose of this Act is to prevent widespread mortgage defaults and the distress-sale of homes as a result of adverse economic conditions. Authorizes and directs the Secretary of Housing and Urban Development to make repayable emergency mortgage relief payments on behalf of distressed homeowners when he determines that such action is necessary and that there is a reasonable prospect that the homeowner will be able to make necessary adjustments for the full resumption of mortgage payments. Defines "distressed homeower" as one or more persons who own and occupy a dwelling as a principal residence and whose income has declined by more than 20 percent as the result of unemployment or other adverse economic conditions. Limits relief payments to a period not exceeding two years. Provides that payments be repaid on such terms as the Secretary prescribes. Empowers the Secretary to delegate any of his functions under this Act to other Federal agencies or private entities. Authorizes the Secretary to establish a revolving fund for mortgage relief payments and other specified purposes, including payment of obligations issued to the Secretary of the Treasury to enable the Secretary of Housing and Urban Development to carry out his functions under this Act. Provides for a payment expiration date of July 1, 1976.
United States · United States Congress · 27 January 1975
Removes the exclusion of service performed in the employ of the United States from the definition of the term "employment" for purposes of eligibility under the Social Security Act. Permits officers and employees of the Federal Government to elect coverage under the old-age, survivors, and disability insurance of the Social Security Act. Requires a person electing such coverage to file a certificate indicating his election within two years of the enactment of this Act. States that such an election will be irrevocable. Provides an additional filing period of six months, to begin five years after the close of the initial filing period, for those who could have filed within the initial period but did not do so. Requires a person filing a certificate pursuant to this Act to give notice to his employer at or before the time of filing such certificate. States that a certificate filed pursuant to this Act will be effective for the entire calendar quarter and all subsequent calendar quarters. Specifies conditions under which the certificate may be effective up to four calendar quarters immediately preceding the calendar quarter in which it is filed. Requires the Secretary of the Treasury to promulgate regulations requiring the heads of the various Federal agencies to know which of their employees qualify for elective coverage under this Act, or, in the alternative, to provide for the collection of the tax from a Federal employee electing such coverage, where it is not feasible for the head of the Federal agency or instrumentality involved to do so.
United States · United States Congress · 27 January 1975
Savings and Loan Supervisory Act - Title I: Separation of Federal Savings and Loan Insurance Corporation and Federal Home Loan Bank Board - Makes the Federal Savings and Loan Insurance Corporation an independent corporate instrumentality of the United States. Provides that the three members of the board of trustees may not hold any other position in the Federal Government. Reestablishes, under the Federal Home Loan Bank Act and the National Housing Act, the Board of Trustees as the functioning head of the Corporation in place of the Federal Home Loan Bank Board. Defines, under the Bank Protection Act of 1968, as a Federal supervisory agency the Federal Savings and Loan Insurance Corporation with respect to institutions insured by the Corporation. Title II: Administrative Procedures of the Federal Home Loan Bank Board - States that the Federal Home Loan Bank Board shall not impose requirements on institutions organized otherwise than under the laws of the United States to which Federal associations are not subject, nor shall the Board grant privileges or immunities to Federal associations which it does not grant to other savings institutions. Provides for the review in United States Courts of Appeal of actions of the Federal Home Loan Bank Board. Provides, under the Home Owners' Loan Act of 1933, that such Board shall not grant a charter or permission to operate a branch office or other office facility of a Federal savings and loan association without giving notice and opportunity for a hearing. Prohibits the granting of a charter or permission to operate to a branch office or such an association unless there is a need for it, it will be useful and successful, and it will not cause undue injury to property conducted by existing local thrift and home financing institutions. Provides that associations may operate such branch offices as they had in operation on December 31, 1975. Sets forth conditions under which a Federal association resulting from conversion of a State association may retain and operate branch offices. Prescribes procedures by which a Federal association shall establish and operate new branches.
United States · United States Congress · 27 January 1975
Provides that recipients of veterans' pensions and compensation shall not have the amount of such pension or compensation reduced because of increases in monthly social security benefits which result from the enactment of Public Law 92-336 or any subsequent cost-of-living increase under title II (Old Age, Survivors and Disability Insurance) of the Social Security Act. Provides that the provisions of this Act shall apply to annual income determinations made for calendar years after 1972.
United States · United States Congress · 23 January 1975
Airport Noise Curfew Act - Establishes the Airport Noise Curfew Commission to study and make recommendations to the Congress regarding the establishment of curfews on nonmilitary aircraft operations over populated areas of the United States during normal sleeping hours. Requires the Commission to report its findings and recommendations to the Congress no later than six months after the enactment of this Act. Authorizes the Commission to secure directly from any department or agency of the United States information necessary to carry out its duties and functions. Requires the head of such department or agency to furnish such requested information to the Commission. Empowers the Commission to issue subpenas requiring the attendance and testimony of witnesses and the production of any evidence that relates to any subject that the Commission is authorized to investigate by this Act.
United States · United States Congress · 20 January 1975
Reduces the rate of tax imposed under the Internal Revenue Code of 1954 on the self-employed, employees, and employers for the payment of the cost of the old-age, survivors and disability insurance and the hospital insurance programs of the Social Security Act. Increases the contribution and benefit base for tax determination purposes under the old-age, suriviors and disability insurance program. Increases by 50 percent the annual Federal contribution to the Federal Old-Age and Survivors Insurance Trust Fund.
United States · United States Congress · 20 January 1975
Provides that, beginning one year after enactment of this Act, no law enforcement grants under the Omnibus Crime Control and Safe Streets Act of 1968 will be made to State and local covernments unless these units of government have instituted a law enforcement officer's grievance system and have enacted into law a "Law Enforcement Officers' Bill of Rights" which will cover all law enforcement officers in the States. Declares that this Bill of Rights shall provide law enforcement officers statutory protection for certain rights enjoyed by other citizens. Requires the bill of rights to provide, at a minimum, the following: (1) law enforcement officers shall not be prohibited from engaging in political activity, except when on duty or acting in an official capacity; (2) when an officer is subject to an investigation that could lead to disciplinary action or criminal charges: (a) the investigation shall be conducted at a reasonable hour preferably while the officer is on duty, (b) the investigation shall occur at the office of the investigating officer or at the precinct where the incident occurred, (c) there shall be one interrogator asking all questions to the officer and the names of all investigating officers shall be known by him, (d) the officer shall know the nature of the investigation and the names of complainants, (e) all civilian complaints must be duly sworn to before an official authorized to adminster oaths, and (f) interrogating sessions shall be of reasonable length.
United States · United States Congress · 20 January 1975
Directs the Director of the Federal Bureau of Investigation to permit any Member of Congress to examine any file or other record maintained by the Federal Bureau of Investigation and indexed or identifiable to such Member of Congress, upon the request of such Member, unless such file is exempt from such examination. Requires the Director to destroy such file promptly, without divulging the contents of such file, whether or not such examination takes place or is requested. Provides that no file shall be subject to the examination of a Member of Congress or destruction if such file is maintained by the Federal Bureau of Investigation as a part of an investigation into the alleged violation by such Member of Congress of a specific criminal law for the purposes of prosecution. Provides that the Director of the Federal Bureau of Investigation shall, in the case of each file so maintained, give notice not later than six months after the commencement of the maintenance of that file to the Speaker of the House of Representatives or the President pro tempore of the Senate of the fact that such file is being maintained. Provides that no file shall be subject to the examination of a Member of Congress or destruction if such file is maintained by the Federal Bureau of Investigation as a part of an investigation into the background of such Member of Congress to assist in the consideration of such Member for any appointive position in the executive or judicial branches of the Federal Government. Requires the Director of the Federal Bureau of Investigation to, in the case of each file so maintained, give prompt notice to the Speaker of the House of Representatives or the President pro tempore of the Senate of the fact that such file is being maintained and of what appointive office is involved.
United States · United States Congress · 14 January 1975
Provides hospital and medical care to members of the armed forces of Poland or Czechoslovakia who participated in armed conflict with an enemy of the United States during World War I or World War II, and who have been citizens of the United States for not less than 10 years. Provides that such hospital and medical care shall be available to the same extent as if such service had been performed in the Armed Forces of the United States.
United States · United States Congress · 14 January 1975
Provides for the recognition by the Administrator of Veterans' Affairs of representatives of the Italian American War Veterans of the United States in the preparation, presentation, and prosecution of claims under laws administered by the Veterans' Administration. (Amends 38 U.S.C. 3402(a)(1))
United States · United States Congress · 14 January 1975
Authorizes the Attorney General to reimburse, for the cost of investigations and legal fees, any law enforcement officer who is a defendant in a civil action arising out of the performance of his official duties and who prevails in such action.
![Official portrait of Rep. Annunzio, Frank [D-IL-11]](https://www.congress.gov/img/member/a000212_200.jpg)