United States · United States Congress · 3 January 1991
Amends the Internal Revenue Code to provide that payment under a life insurance contract to an insured who is terminally ill be treated as a death benefit, making such payment eligible for exclusion from gross income. Provides that any reference to life insurance shall be treated as referring to a qualified terminal illness rider. Provides for the tax treatment of such riders. Describes such a rider as one which provides for payments to an insured upon the insured's becoming terminally ill.
United States · United States Congress · 3 January 1991
Amends the Internal Revenue Code to impose a 100 percent tax on income from frozen Iraqi assets. Authorizes the President to modify such tax if the armed forces of Iraq withdraw from Kuwait within the time and in the manner determined by the President.
United States · United States Congress · 3 January 1991
Amends the Internal Revenue Code to allow an employer a tax credit for 20 percent of qualified mammography screening costs. Requires the Secretary of Health and Human Services to establish standards to assure the safety and accuracy of such mammography screening.
United States · United States Congress · 3 January 1991
Repeals provisions of the Internal Revenue Code that limit the deductibility of contributions to individual retirement plans by active participants in employer-maintained retirement plans.
United States · United States Congress · 3 January 1991
Family Education Assistance Act of 1991 - Amends the Internal Revenue Code to allow an individual income tax deduction for contributions to a savings account established to pay the educational expenses (tuition, supplies, meals, and lodging) of the taxpayer's child or certain other relatives at an institution of higher education or a vocational school. Limits the deduction to $1,500 annually (adjusted for inflation) for each account. Disallows the deduction for contributions to an account maintained for any individual aged 19 or older. Requires any account balance to be distributed after the beneficiary attains age 30. Permits an exclusion from the gross income of the contributor or the beneficiary of account distributions used to pay educational expenses of the latter. Exempts an account from taxation (except for the tax on unrelated business income of a charitable organization), unless a contributor or the beneficiary engages in specified prohibited transactions in connection with it. Imposes a ten percent surtax on distributions not used for educational purposes. Requires the account trustee to report to the Secretary of the Treasury and to the account's beneficiary concerning the account. Imposes a penalty for failure to report. Allows taxpayers who do not otherwise itemize deductions to deduct for contributions to an education savings account. Imposes penalty taxes in connection with excess contributions or prohibited transactions associated with an account.
United States · United States Congress · 3 January 1991
Declares that the President should instruct the Department of State to convey to the Government in exile of the Emirate of Kuwait the view that reconstruction activity in Kuwait should reflect the troop commitment of allied forces in Operation Desert Shield and that the contract percentage should be acknowledged, adjusted, and used by the Kuwaitis in their award process.
United States · United States Congress · 18 October 1990
Ethics in Foreign Lobbying Act of 1990 - Amends the Federal Election Campaign Act of 1971 to prohibit multicandidate political committees or separate segregated funds of certain organizations or corporations which are controlled by foreign persons from making any contributions or expenditures with respect to an election for Federal office. Directs the Federal Election Commission to require reporting of ownership interest percentages and to list them. Prohibits foreign nationals from participating in the decisionmaking process of domestic organizations engaged in Federal, State, or local election-related activities. Establishes within the Federal Election Commission a clearinghouse of public information regarding the political activities of foreign principals and their agents. Amends the Foreign Agents Registration Act of 1938 to require agents to file quarterly supplemental registration statements. Provides that a foreign principal's legal representative in U.S. courts may only be exempted from filing registration statements upon the submission of an affirmative request for such exemption. Establishes civil penalties for violation of the registration requirements.
United States · United States Congress · 17 October 1990
Prohibits the proposed sales to Saudi Arabia of armored vehicles (including M1A2 tanks and Bradley Fighting Vehicles), AH-64 APACHE attack helicopters, PATRIOT guided missile units, and related defense articles and services, that were reported to the Congress pursuant to the Arms Export Control Act on September 27, 1990.
United States · United States Congress · 11 October 1990
Expresses the sense of the Congress that the President and Secretary of State should personally intervene with the Soviet President and Foreign Minister to secure permission for Anatoly Genis to emigrate from the Soviet Union without further delay to reunite with his family.
United States · United States Congress · 25 September 1990
Access to Professional Sports Programming Act - Amends the Communications Act of 1934 to require persons who encrypt (hold the right to the programming or establish the price, terms, and conditions for the distribution of such programming) professional sports programming for satellite delivery to: (1) make such programming available to satellite antenna users for both private and public viewing; (2) establish nondiscriminatory financial, character, technical, and service requirements for distributors of such programming; and (3) establish price, terms, and conditions for the wholesale distribution of such programming which do not discriminate against users or among distributors (with specified exceptions for certain rate differentials). Authorizes persons aggrieved by violations of this Act to bring civil actions. Requires the Federal Communications Commission to investigate and report to the Congress on the availability of professional sports programming and the degree to which payment for the programming will affect the availability of such programming without charge.
United States · United States Congress · 24 September 1990
Access to Professional Sports Programming Act - Amends the Communications Act of 1934 to require persons who encrypt (hold the right to the programming or establish the price, terms, and conditions for the distribution of such programming) professional sports programming for satellite delivery to: (1) make such programming available to satellite antenna users for both private and public viewing; (2) establish nondiscriminatory financial, character, technical, and service requirements for distributors of such programming; and (3) establish price, terms, and conditions for the wholesale distribution of such programming which do not discriminate against users or among distributors (with specified exceptions for certain rate differentials). Authorizes persons aggrieved by violations of this Act to bring civil actions. Requires the Federal Communications Commission to investigate and report to the Congress on the availability of professional sports network programming and the degree to which payment for the programming will affect the availability of such programming without charge.
United States · United States Congress · 18 September 1990
Claude Pepper Young Americans Act of 1990 - Title I: Declaration of Objectives; Definitions - Sets forth the declaration of objectives and definitions under this Act. Title II: The Administration on Children, Youth, and Families - Establishes in the Office of the Secretary of Health and Human Services an Administration on Children, Youth, and Families (the Administration) which shall be headed by a Commissioner on Children, Youth, and Families (the Commissioner). Directs the Commissioner to advise, consult, and cooperate with the head of each Federal agency or department proposing or administering programs or services substantially related to the purpose of this Act. Establishes a Federal Council on Children, Youth, and Families. Directs the Council to report annually to the President. Directs the Secretary of Health and Human Services (the Secretary) to issue regulations for the administration of this Act. Directs the Secretary to measure and evaluate the impact of all programs authorized under this Act. Directs the Commissioner to report annually to the President and the Congress on the activities carried out under this Act and other activities delegated by the Secretary to the Administration. Provides for advance funding. Title III: Grants for State and Community Programs for Children, Youth, and Families - Part A: General Provisions - Authorizes the Commissioner to make grants to encourage and assist State and local agencies to coordinate resources and develop new capacities for more effective and comprehensive developmental, preventive, and remedial services for young individuals. Provides for grant recipients to enter into new cooperative arrangements in each State for the planning and advocacy of such youth services for: (1) adequate and safe physical shelter; (2) the best possible physical and mental health; (3) the highest quality of educational opportunity; (4) effective training, apprenticeship; community service and productive employment; (5) civic, cultural, and recreational activities that recognize youth as resources and promote self-esteem and community; and (6) genuine participation in decisions concerning the planning and managing of their lives. Authorizes the Commissioner to request technical assistance and cooperation from appropriate Federal agencies in carrying out this title. Allows grants under this title to be used for up to 80 percent of the costs of: (1) preparation, administration, and evaluation of State plans; and (2) development of comprehensive, efficient, and coordinated supportive services. Authorizes appropriations. Bases State allotments under this title on population aged 21 or younger. Sets forth requirements for a State to be eligible to participate in part A grant programs. Requires designation of an independent State body to: (1) serve as an effective and visible advocate for children and youth by reviewing and commenting on all State plans, budgets, and policies which affect children, youth, and their families and by providing technical assistance to those representing the needs of the young; (2) develop, administer, and monitor the State plan; (3) coordinate all State activities related to the purpose of this Act; and (4) develop a system for in-State distribution of funds under this title, with preference for specified types of local service delivery systems. Requires State plans to be based upon needs as identified through analysis of updated "state of the Child" reports. Authorizes State use of certain funds under this title for administration of the State plan, including plan preparation, evaluation of activities, data collection, and analyses related to the need for supportive services, information dissemination, and short-term training of personnel operating programs authorized by this Act. Part B: Supportive Services - Directs the Commissioner to make grants to States under approved State plans to demonstrate successful program approaches to service gaps identified through State and area planning and advocacy efforts. Lists eligible services. Title IV: White House Conference on Children, Youth and Families - 1993 White House Conference on Children, Youth, and Families - Directs the President to call a White House Conference on Children, Youth, and Families in 1993. Provides that the Conference shall be planned and conducted under the direction of the Secretary of Health and Human Services (the Secretary), in cooperation with the Commissioner on Children, Youth, and Families and the heads of other appropriate Federal agencies. Requires a final report of the Conference to the President within 180 days following its adjournment. Directs the Secretary, within 90 days after submission of the report, to transmit to the President and the Congress recommendations for administrative action and legislation necessary to implement the report's recommendations. Directs the Secretary to establish an advisory committee to the Conference and such other committees as may be necessary to assist in planning, conducting, and reviewing the Conference. Authorizes appropriations for FY 1992 through 1994 to carry out this title.
United States · United States Congress · 18 September 1990
Expresses the sense of the House of Representatives that the United States should become a party to an international convention providing for the recognition and enforcement across national boundaries of decisions concerning maintenance obligations, such as child support. Urges: (1) the Secretary of State to determine whether international conventions relevant to maintenance obligations are appropriate for U.S. ratification; (2) the President to promptly submit any such convention to the Senate for advice and consent; and (3) the Senate to act expeditiously with respect to any convention so submitted.
United States · United States Congress · 3 August 1990
Amends the Atomic Energy Act of 1954 to affirm State authority to regulate the disposal of certain low-level radioactive waste for which the Nuclear Regulatory Commission does not require disposal in a licensed facility.
United States · United States Congress · 3 August 1990
Coach and Athlete's Bill of Rights - Declares that no coach or player for a team associated with the National Collegiate Athletic Association (NCAA) shall be suspended from the team or reprimanded for actions with respect to the team without access to procedural and substantive due process rules. States that no institution of higher education shall be suspended or prohibited from participating in intercollegiate athletics by the NCAA without access to due process rules. Directs the NCAA to adopt rules for procedural and substantive due process of law for individuals and institutions suspended or prohibited from intercollegiate athletics by such Association.
United States · United States Congress · 2 August 1990
Amends the Public Health Service Act to modify the formula for determining the minimum amount of allotments to States for acquired immune deficiency syndrome (AIDS) public information activities to allow the amount to be equal to the amount received by the State from the Secretary of Health and Human Services, through the Director of the Centers for Disease Control, for FY 1989 for such activities, if those receipts are greater than the amounts under the alternatives specified by existing law.
United States · United States Congress · 25 July 1990
Victims' Rights and Restitution Act of 1990 - Requires all Federal law enforcement agency officers and employees to make their best efforts to accord victims of crime with the right to: (1) be treated with fairness and respect for the victim's dignity and privacy; (2) be protected from their accused offenders; (3) notification of court proceedings; (4) attend public court proceedings related to the offense under certain conditions; (5) confer with the Government attorney assigned to the case; (6) restitution; and (7) information about the conviction, sentencing, imprisonment, and release of the offender. Directs Federal law enforcement agency heads to designate the persons responsible for identifying the victims of a crime and providing certain services to such victims such as: (1) informing them where to receive medical care and counseling; (2) arranging protection from an offender; and (3) keeping the victim informed of developments during the investigation and prosecution of the crime and after the trial such as the arrest of a suspected offender or an escape of a convicted offender. Revises Federal criminal code provisions regarding orders of restitution. Requires Federal courts to order convicted criminals to pay restitution to cover the full amount of the victim's losses without consideration of the economic circumstances of the offender or the fact that a victim has received or is entitled to receive compensation with respect to a loss from other sources. (Currently orders of restitution are discretionary.) Authorizes Federal courts to order restitution for any person who, as shown by a preponderance of the evidence, was harmed physically, emotionally, or pecuniarily by the unlawful conduct of the defendant during the crime. Amends the Federal bankruptcy code to prevent orders of restitution from being discharged as a result of bankruptcy.
United States · United States Congress · 24 July 1990
Lead Battery Recycling Incentives Act - Amends the Solid Waste Disposal Act to direct the Administrator of the Environmental Protection Agency (EPA) to promulgate regulations for persons who generate, transport, store, recycle, or dispose of spent lead-acid batteries. Requires the Administrator, in developing such regulations, to conduct an analysis of the economic impact of the regulations on the recycling industry. Sets forth required elements of such regulations, including specific requirements for: (1) the storage and transfer of batteries by generators; (2) recordkeeping by battery generators, transporters, and recyclers; and (3) management practices of recyclers. Directs battery retailers to accept from customers used lead-acid batteries of the same type and quantity of the batteries sold. Requires transporters to acquire an identification number from the EPA or the State enforcing this Act. Directs the Administrator to implement education activities to inform the public about the environmental and safety hazards associated with improper handling and disposal of spent lead-acid batteries. Authorizes appropriations. Applies such requirements to batteries which are transported to or managed by a lead-acid battery recycling facility, a secondary lead smelter, or any facility that prepares batteries for recycling by means of exposing lead to the atmosphere. Requires producers or importers of lead-acid batteries to recycle, for the ten-year period beginning 24 months after this Act's enactment, an amount of spent lead equal to at least the amount determined by multiplying the amount of lead in the batteries produced or imported by such persons by the recycling percentage established by the Administrator. Authorizes compliance with such requirement by: (1) reclaiming lead from such batteries and using it in the production of new batteries; (2) purchasing reclaimed lead from secondary lead smelters for purposes of producing new batteries or shielding; or (3) purchasing recycling credits. Directs producers or importers to report annually to the Administrator on the amount of virgin and secondary lead used in new lead-acid batteries produced or imported by such persons. Requires the Administrator to establish a recycling percentage that is two points higher than the existing recycling rate for spent lead in used lead-acid batteries. Increases such percentage by two points annually. Authorizes the Administrator to reduce or waive the two percent increase if the rate exceeds 95 percent. Directs the Administrator to promulgate regulations to allow: (1) producers or importers of lead-acid batteries to create credits for recycling an amount of batteries greater than required; and (2) producers or importers of new batteries to purchase such credits for purposes of complying with this Act. Sets forth minimum requirements for the credit system. Applies battery recycling requirements to persons who produce or import more than 10,000 pounds of new lead-acid batteries annually. Sets the recycling percentage at 90 percent if the Administrator fails to promulgate recycling regulations.
United States · United States Congress · 20 July 1990
Defense Budgeting and Full-Cost Disclosure Act of 1990 - Requires the total life-cycle cost (costs of development, procurement, construction, operation, maintenance, and support) of a major defense acquisition program to be included in Selected Acquisition Reports required for such programs. Requires the Secretary of Defense to implement such cost criteria in a uniform manner throughout the Department of Defense. Allows a defense funds restoral (a restoration of funds to an appropriation account of the Department) to be carried out only during the first fiscal year following the end of the period of availability for obligation of the funds to be restored. Requires the Secretary to report to the Congress on the feasibility of the periodic submission of reports on anticipated termination costs of major defense acquisition programs.
United States · United States Congress · 17 July 1990
Women's Health Research Act - Amends the Public Health Service Act to establish within the Office of the Assistant Secretary for Health the Office of Women's Health to coordinate all activities and research of the Department of Health and Human Services relating to disease, disorders, or other health conditions that are unique to, more prevalent in, or more serious for women, or for which risk factors or interventions are different for women. Establishes within the National Institutes of Health (NIH) the National Center for Women's Health Research and Development to provide funding, from amounts appropriated under specified existing provisions and with regard to women's health research, for research conducted or supported by the NIH or the Alcohol, Drug Abuse, and Mental Health Administration (ADAMHA). Requires the Center Director to: (1) investigate the inclusion of women as subjects in clinical research conducted or supported by the NIH and ADAMHA; and (2) prepare and annually review a plan for establishing a program for clinical research in obstetrics and gynecology to be conducted by the Director of the National Institute of Child Health and Human Development (NICHHD). Requires the NICHHD Director to conduct the program in accordance with the plan. Requires the Center Director to establish: (1) the National Women's Health Data Bank to collect, store, analyze, retrieve, and disseminate data regarding women's health conditions; and (2) the National Women's Health Clearinghouse to disseminate information to health professionals, patients, and the public on women's health conditions. Requires the Center Director to establish within the Center the National Women's Health Clinical Research Advisory Board. Directs the Secretary to establish the Interagency Council on Women's Health Research and Development. Authorizes appropriations.
United States · United States Congress · 13 July 1990
FHA Protection and Homeownership Preservation Act of 1990 - Amends the National Housing Act to limit the maximum amount of a Federal Housing Administration (FHA) insured mortgage principal to a property's appraised value. Sets forth periodic premium payment schedules. Limits FHA rebates on unearned premiums. Directs the Secretary of Housing and Urban Development to: (1) insure that the Mutual Mortgage Insurance Fund attains specified capital ratios; (2) conduct annual Fund audits; and (3) adjust premiums as necessary. Authorizes periodic mortgage insurance safety premiums.
United States · United States Congress · 12 July 1990
Support for Democracy and Human Rights in China Act of 1990 - Prohibits most-favored-nation treatment for Chinese products. Terminates such prohibition upon the President's certification to the Congress that China: (1) has ceased committing violations of internationally recognized human rights; (2) has ceased persecution of pro-democracy movement members; (3) permits unrestricted emigration; and (4) has ceased religious persecution in China and Tibet.
United States · United States Congress · 10 July 1990
Designates the building at 5600 Woodland Avenue, Cleveland, Ohio, known as the Owens Finance Station, as the Jesse Owens Building of the United States Postal Service.
United States · United States Congress · 10 July 1990
Designates September 16 through 22, 1990, as National Rehabilitation Week. Urges each State Governor and local government chief executive to issue proclamations calling upon their citizens to observe such week with appropriate ceremonies and activities.
United States · United States Congress · 27 June 1990
Amends the Public Health Service Act to provide for grants to establish at least five projects in which addicted mothers in residential drug abuse treatment facilities are allowed to have their children reside with them during treatment. Authorizes appropriations.
United States · United States Congress · 27 June 1990
Amends the Solid Waste Disposal Act to authorize a State to: (1) prohibit the transportation into the State of hazardous waste generated outside the State; (2) prohibit the treatment, storage, or disposal within the State of such waste; and (3) levy fees on such waste or on hazardous waste transporters. Prohibits a State from levying a fee for the treatment, storage, or disposal of such waste that is less than the maximum fee levied by the generating State for a similar quantity of waste.
United States · United States Congress · 14 June 1990
Older Women's Breast Cancer Prevention Act of 1990 - Amends title XVIII (Medicare) of the Social Security Act to cover screening mammographies for Medicare-eligible women whose last screening mammographies were performed more than 11 months previously. Determines the payment amount for such service pursuant to a fee schedule.
United States · United States Congress · 14 June 1990
Financial Crimes Prosecution and Recovery Act of 1990 - Title I: National Commission on Financial Crimes - Establishes the National Commission on Financial Crimes to investigate fraud and abuse in the financial services industry and to recommend procedures for improving interagency cooperation and tactics for law enforcement officers in the investigation and prosecution of financial crimes. Sets forth provisions with respect to the membership, powers, pay, reporting requirements, and termination of the Commission. Title II: Improvements in Administration of the Department of Justice - Directs the Attorney General to establish a financial crimes strike force in each Federal judicial district which is in the top quartile of such districts with respect to the total number of criminal referrals filed with the Attorney General by the appropriate Federal banking agencies relating to residents of, or persons located in, such district. Provides for local control of each such strike force, through the U.S. Attorney for such district, except as otherwise provided by the Attorney General. Sets forth provisions regarding pay for attorneys on financial crimes strike forces. Directs the Attorney General to: (1) establish a merit system to recognize and reward outstanding efforts of individuals engaged in the investigation and prosecution of financial crimes; (2) prohibit any U.S. attorney or any other attorney employed by the Department of Justice from taking into account the dollar amount of any loss incurred in connection with any financial crime in making a determination with respect to the investigation or prosecution of such crime; and (3) prescribe by regulation that the investigation of any referral from an appropriate Federal banking agency related to a financial crime involving an insured depository institution in default or in danger of default, or of any troubled institution, be given priority in case management. Amends the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to make specified civil money penalties collected under such Act available to the Attorney General to carry out any provision of law. Amends the Federal criminal code to grant specified officials of the Federal Bureau of Investigation administrative subpoena authority regarding specified financial crimes. Sets forth provisions: (1) with respect to standards governing production of items subpoenaed; and (2) granting persons complying in good faith with a summons or order issued under this Act and producing the materials sought immunity from civil liability to the consumer for such production or nondisclosure of such production. Title III: Improvements in the Administration of the FDIC and the RTC - Amends the Federal Deposit Insurance Act (FDIA) to grant subpoena authority to the Federal Deposit Insurance Corporation (FDIC) and the Resolution Trust Corporation (RTC) as a conservator or receiver or for carrying out authority with respect to an insured depository institution. Amends the Internal Revenue Code to grant the FDIC and the RTC access to Internal Revenue Service returns and return information upon written requests by the respective Board of Directors and upon certification by the Board that it has a substantial need for such returns or return information. Amends the FDIA to authorize Federal banking agencies, in conducting any investigation, examination, or enforcement action under such Act, to: (1) request the assistance of any foreign banking authority; (2) maintain an office outside the United States for such purposes; (3) provide assistance to a foreign banking authority, upon request, if the requesting authority is conducting an investigation involving a violation of laws or regulations relating to banking matters that the requesting authority administers or enforces; and (4) conduct such an investigation as is necessary to collect information and evidence pertinent to such a request without regard to whether the facts stated in the request also constitute a violation of U.S. law. Authorizes the FDIC and the RTC, as conservator or receiver of any insured depository institution, to request the assistance of any foreign banking authority and provide assistance to any such authority in accordance with this Act. Requires the FDIC and the RTC to each maintain a permanent office to coordinate foreign investigations or investigations on behalf of foreign banking authorities. Authorizes the Board of Directors of the FDIC to act in its own name and through its own attorneys in any action or proceeding in which the FDIC is an interested party, whether in its corporate capacity or as conservator or receiver for any insured depository institution. Grants priority to the FDIC over certain claims or actions filed or begun against an affiliated party of the insured depository institution by depositors, creditors, or shareholders of the institution after enactment of this Act. Authorizes the FDIC, as conservator or receiver for any insured depository institution, to avoid any transfer of interest of an institution-affiliated party or any transfer of interest or obligation of person determined to be a debtor of the institution that was made within five years of appointment of the FDIC as conservator or receiver, if such party made such transfer or incurred such liability with intent to hinder, delay, or defraud the insured depository institution. Specifies circumstances under which the FDIC may recover the property transferred or the value of such property. Sets forth provisions regarding prejudgment attachments of assets where an institution-affiliated party may be required to provide restitution to the institution or where the party is a debtor of the institution, and where the assets will be dissipated or otherwise placed beyond the jurisdiction of the court or FDIC before any recovery may be completed unless a trustee is appointed. Establishes criminal penalties for knowingly concealing assets or property from the FDIC or the RTC as a conservator or receiver for any insured depository institution. Requires each Federal banking agency to require directors of depository institutions to complete an educational course on their duties as directors every three years. Authorizes a court or the Attorney General to direct disclosures of matters occurring before a grand jury during an investigation of a banking law violation to identified personnel of a financial institution regulatory agency upon a finding of substantial need, subject to specified conditions. Excludes the payment of restitution under specified Acts including the FDIA from discharge under bankruptcy provisions. Amends the Federal criminal code to subject to civil forfeiture property which constitutes or is derived from proceeds traceable to mail fraud, or fraud by wire, radio, or television, affecting a financial institution. Amends the FDIA, the Federal Credit Union Act, the Revised Statutes, the Federal Reserve Act, the Bank Holding Company Acts of 1956 and 1970, and the Home Owners' Loan Act to permit the appropriate Federal banking agency, the FDIC, or, in the case of the latter statute, the Director, to apply to specified courts to recover from a depository institution administrative costs arising out of actions taken to recover a civil penalty. Title IV: Taxpayer Recovery Act - Taxpayer Recovery Act of 1990 - Makes an exception to a discharge in bankruptcy for: (1) restitution that the debtor has been ordered to pay by a State or Federal court in any criminal proceeding arising from an act that caused a loss to any bank, savings association, or credit union (bank); or (2) damages provided in any judgment, order, or consent decree entered in any State or Federal court, or in any settlement agreement entered into by the debtor, arising from any act involving fraud or reckless disregard for the law committed with respect to any such institution. Requires that any individual acting as a director, officer, or institution-affiliated party of a bank be considered to be acting in a fiduciary capacity with respect to such institution for purposes of a provision making an exception to a discharge from bankruptcy involving fraud or defalcation while acting in such capacity. Specifies that reliance by a creditor will not be required to establish an exception to discharge if the creditor is a financial regulatory agency that is a successor to a bank. Sets forth time limits for the filing of a complaint objecting to the discharge of a debt owed to: (1) a bank that is closed, is in receivership or conservatorship, or is sold to another bank in a transaction assisted by a financial regulatory agency; or (2) such an agency. Specifies that an individual debtor who has committed an act involving fraud or reckless disregard for the law or is subsequently adjudicated to have committed such an act during the pendency of his bankruptcy proceeding with respect to any bank that is in receivership or conservatorship or that is sold to another bank assisted by a financial regulatory agency shall not be exempt from: (1) more than $7,500 in value of the debtor's aggregate interest in any real property that the debtor uses as a residence: and (2) the debtor's interest in any insurance policy or annuity.
United States · United States Congress · 14 June 1990
Korean War Veterans Memorial Thirty-Eighth Anniversary Commemorative Coin Act - Expresses the sense of the Congress that the United States should recognize the 38th anniversary of the Korean War by minting and issuing a silver dollar coin. Directs the Secretary of the Treasury to issue one-dollar silver coins to commemorate the 38th anniversary of the ending of the Korean War. Terminates such authority after December 31, 1991. Mandates that surcharges from the sale of such coins be used for the Korean War Veterans Memorial.
United States · United States Congress · 14 June 1990
Creates in the House of Representatives a Select Committee to Investigate Financial Institution Fraud, Mismanagement, Oversight, and Supervision to conduct a full and complete investigation and study of fraud, mismanagement, oversight, and supervision in federally and State insured financial institutions.
![Official portrait of Rep. Bilbray, James H. [D-NV-1]](https://www.congress.gov/img/member/b000462_200.jpg)