United States · United States Congress · 12 May 1981
Directs the Postmaster General to issue a commemorative postage stamp to honor Roberto Clemente. Provides that such stamp shall be issued in the denomination used for first-class mail up to one ounce in weight and shall be placed on sale during the month of August.
United States · United States Congress · 7 May 1981
Sales Representatives Protection Act - Title I: Contracts Between Sales Representatives and Principals - Requires a principal who enters into a contract with a sales representative for the solicitation of orders for merchandise of the principal to furnish specified information to the representative, including monthly commission statements. Enumerates items to be included in any written contract between a principal and sales representative in order to conform with this Act. Title II: Indemnification - Exempts principals who have entered into a written contract in conformity with title I from the indemnification requirements of this title. Requires any principal to indemnify a sales representative in accordance with this title if such principal: (1) without good cause terminates a representative's assignment or reduces the geographical territory assigned to a representative; (2) reduces the rate of commission paid to a representative; or (3) reduces the number of accounts assigned within a geographical territory. Sets forth a formula for the indemnification of such representatives. Title III: Miscellaneous - Permits actions to be brought in Federal district court to enforce the rights or liabilities of this Act.
United States · United States Congress · 6 May 1981
Amends the Internal Revenue Code to exclude from gross income interest earned on certificates of deposit issued by banks, certain savings institutions, or credit unions. Requires such certificates to be issued between June 30, 1981 and July 31, 1982, to have a one year maturity, and to bear interest at a rate not greater than 70 percent of the average yield of U.S. Treasury bills. Limits the amount of such exclusion to $1,000 ($2,000 for joint returns).
United States · United States Congress · 27 April 1981
Coastal Barrier Resources Act - Declares the findings and intentions of Congress in regard to the fish, wildlife, and other natural resources associated with the coastal barriers along the Atlantic and gulf coasts of the United States. Establishes the Coastal Barrier Resources System (System) which shall consist of specified undeveloped coastal barriers on the Atlantic and gulf coasts. Requires that certain coastal barrier maps shall be available for public inspection through the United States Fish and Wildlife Service. Directs the Secretary of the Interior to provide copies of such maps to the chief executive officer of: (1) each State and political subdivision in which a System unit is located; and (2) each affected Federal agency. Directs the Secretary to make necessary modifications to such maps and to notify specified Congressional committees of same. Limits, to specified projects, Federal expenditures on or financial assistance for purposes within the System. Lists those projects eligible for financial assistance. Requires the Director of the Office of Management and Budget to certify annually to Congress that the Federal agencies concerned have complied with the provisions of this Act. Sets forth the contents of reports to be filed by the Secretary with specified Congressional committees. Authorizes appropriations to the Department of the Interior for fiscal years 1982 through 1986 for the purposes of this Act.
United States · United States Congress · 27 April 1981
Expresses the disapproval of Congress of the proposed sale to Saudi Arabia of five airborne warning and control aircraft (AWACS) and conformal fuel tanks and air-to-air missiles for F-15 aircraft.
United States · United States Congress · 10 April 1981
Title I: Reconstruction Finance Corporation - Establishes the Reconstruction Finance Corporation to be administered by a board of directors appointed by the President with the advice and consent of the Senate. Sets forth the general powers of the Corporation in carrying out the provisions of this title. Provides that the Corporation shall have a capital stock of $5,000,000,000 to be appropriated from the Treasury of the United States. Grants the Corporation the power to issue obligations which shall be in such principal amounts as the Board shall determine to be necessary, within the authorized indebtedness as prescribed by this Act. Grants the Corporation the power to issue obligations to renew, refund, or pay other obligations whether or not the obligations to be renewed, refunded, or paid have matured. Prohibits the Corporation from permitting its obligations to be outstanding in an aggregate principal amount exceeding five times the paid-in capital of the Corporation at such time. Prohibits any Federal agency or department or federally owned entity from purchasing any of the loans made, guaranteed, or committed to be guaranteed under this title. Exempts obligations of the Corporation from all taxation (except estate, inheritance, and gift taxes) imposed by any State, local governmental unit, or other local taxing authority. Permits the Corporation to request the Secretary of the Treasury to guarantee its obligations with the full faith and credit of the United States. Requires all moneys of the Corporation to be paid to the Corporation's chief financial officer and to be deposited in a bank or banks designated by the Corporation. Permits the Corporation, in connection with the issuance of its obligations, to enter into appropriate agreements. Exempts the Corporation, its franchise, capital, reserves, surplus, income, and tangible and intangible property from all taxation, with specified exceptions. Authorizes the Corporation to provide financial assistance to any business enterprise which satisfies the criteria for eligibility as set forth by this Act. Permits the Corporation to provide financial assistance to a business enterprise for : (1) general financial assistance in cases of financial distress; or (2) financial assistance for modernization or expansion that would have a significant beneficial impact on (a) employment opportunities and productivity, (b) domestic industries competing with foreign industries that are subsidized by foreign nations, or (c) domestic firms which have substantial and demonstrable problems meeting government imposed costs. Sets forth the standards and conditions for eligibility for financial assistance. Authorizes the Corporation to lend to and to guarantee the payment of principal and interest on loans from private lending sources by a business enterprise. Authorizes the Corporation to make commitments to make such loans and guarantees. Authorizes the Corporation to agree to any modification, amendment, or waiver of any term or condition of any loan or guarantee that it deems desirable to protect the interests or advance the purposes of the Corporation. Authorizes the Corporation to allow any business enterprise to use one or more of the following tax benefits to the extent the Corporation determines appropriate: (1) allowing the deduction for depreciation at rates or for periods which result in greater benefits to the taxpayer than the benefits otherwise provided; (2) allowing the investment tax credit; and (3) allowing an additional number of years to which a carryback or carryforward of the investment tax credit or the deduction for net operating loss may be carried. States that any such tax benefit shall apply in lieu of the applicable provisions of the Internal Revenue Code of 1954. Authorizes the Board to inspect and copy all documents of the applicant relating to its financial affairs and to have access to all facilities and properties of the applicant. Terminates the Corporation 30 years after the effective date of this Act. Prohibits the Corporation from making any commitment to provide new or increased financial assistance to any applicant more than six years after the effective date of this Act unless such date is extended by Congress. Sets forth the procedure for the winding up of the Corporation's affairs. Sets forth provisions concerning conflicts of interest and financial disclosure of directors and officers of the Corporation and employees of the Corporation. Amends the Government Corporation Control Act to include the Reconstruction Finance Corporation within the definition of "wholly owned Government corporation". Authorizes appropriations to carry out the provisions of this title. Title II: Income Tax Credits with Respect to Social Security Taxes - Amends the Internal Revenue Code of 1954 to provide a refundable income tax credit for 20 percent of the taxpayer's employee social security taxes for calendar year 1981, and five percent of the taxpayer's employer social security taxes for calendar year 1981. Provides for an equal payment, in lieu of such credit, to non-taxable entities. Provides for an equivalent refundable credit for individuals who do not benefit from the tax credit for social security taxes paid.
United States · United States Congress · 8 April 1981
Amends the National Traffic and Motor Vehicle Safety Act of 1966 to direct that motor vehicle safety standards established by the Secretary of Transportation that require the installation of any automatic occupant restraint system in passenger cars: (1) shall not apply to cars manufactured before September 1, 1983; and (2) shall thereafter apply equally to passenger cars.
United States · United States Congress · 8 April 1981
Expresses the sense of the Congress that: (1) the Soviet Union should comply with various declarations and international agreements by providing proper medical care to Yuriy Shukhevych, by releasing him from prison, and by permitting him and his family to emigrate; (2) the President should express continuing U.S. opposition to the imprisonment and maltreatment of Yuriy Shukhevych; and (3) the President should reiterate that the United States, in evaluating its relations with other nations, will consider the extent to which other nations honor their international commitments, especially their human rights commitments.
United States · United States Congress · 7 April 1981
Title I - Amends the Voting Rights Act of 1965 to extend from August 6, 1982, to August 6, 1992: (1) the time period during which jurisdictions covered by the triggering mechanism must not have used a test or device to deny the right to vote on account of race in order to be released from coverage; and (2) the time period during which changes in voting laws must be precleared with the Federal Government. Title II - Restates the prohibition against denying the right to vote based on race to prohibit any State from imposing voting practices "in a manner which results in a denial or abridgement" of the right to vote (thus permitting use of indirect proof in proving discrimination). Title III - Extends the bilingual election requirements from August 6, 1985, to August 6, 1992.
United States · United States Congress · 7 April 1981
Elephant Protection Act of 1981 - Prohibits importing or exporting African elephants or elephant products. Prohibits the acquisition, transportation, or sale in interstate commerce of such products imported in violation of this Act. Permits individuals to: (1) import and export a total of 10,000 pounds of unworked ivory for six months after enactment of this Act; and (2) import worked ivory for 90 days after enactment if there is no intention to sell such ivory in the United States. Requires the Secretary of the Interior to grant permits for the importation or exportation of elephants and elephant products if the Secretary finds that: (1) such nation has developed and implemented an elephant conservation program according to specified criteria; (2) the products can be traced as coming from a particular nation; (3) the products are acquired and transported in compliance with laws of the originating nation; (4) the importation or exportation will not be detrimental to the survival of the species; and (5) the permit is applied for in good faith. Authorizes the Secretary to grant permits for the importation or exportation of elephants or elephant products to enhance propagation or survival of the species and is consistent with the policy of this Act. Requires the Secretary to report to Congress concerning granting of such permits. Sets forth civil or criminal penalties for violations of this Act. Provides for the remittance or mitigation by the Secretary of any civil penalty assessed under this Act. Provides for the forfeiture of elephants, elephant products, or vehicles aiding in the importation, exportation, acquisition, or transportation of such products contrary to the provisions of this Act. Grants specified search and seizure powers for enforcement of this Act by authorized persons. Authorizes the payment of rewards to persons furnishing information concerning violations of this Act. Requires all imports and exports of elephant products to go through either the Port of New York or the Port of Seattle, Washington. Exempts from this Act: (1) elephants imported or exported for zoological, educational, scientific, or exhibitional purposes; (2) elephant products included in a keyboard for a musical instrument; (3) elephant products taken and imported or exported by a sports hunter; and (4) elephant products taken and transported in compliance with the laws of the originating nation. Supersedes the Endangered Species Act and State laws regarding elephants and elephant products. Directs the Secretary of State to establish a program to assist nations to: (1) protect elephant habitats; (2) conserve living elephants; and (3) develop and implement elephant conservation management programs. Authorizes appropriations to the Secretaries of the Interior and State for fiscal years 1983, 1984, and 1985.
United States · United States Congress · 2 April 1981
Expresses the sense of the House of Representatives that the: (1) U.S. representative to the World Health Assembly should vote for the International Code of Marketing of Breastmilk Substitutes; (2) American infant formula industry should abide by such code; (3) President should encourage other governments to call upon their infant formula industries to comply with this code; and (4) President should cooperate with governments of developing countries to develop health standards and programs to implement this code.
United States · United States Congress · 26 March 1981
Proclaims Raoul Wallenberg an honorary citizen of the United States. Requests the President to ascertain his whereabouts from the Soviet Union and to secure his freedom.
United States · United States Congress · 26 March 1981
Establishes a Special Joint Committee on the Centennial of the Birth of Franklin Delano Roosevelt. Directs that such committee shall be composed of sixteen Members of the Congress. Directs that such committee shall prepare an overall program for nationwide observances and make comprehensive plans for commemorating the one hundredth anniversary of the birth of Franklin Delano Roosevelt, including a joint session of Congress to be held on January 29, 1982. Provides that the expenses of such committee shall not exceed a specified amount to be paid from the contingent fund of the House of Representatives. Directs that upon termination of the committee one-half of its expenses shall be paid by transfer from the contingent fund of the Senate to the contingent fund of the House of Representatives. Provides that such committee shall terminate not later than April 30, 1982.
United States · United States Congress · 25 March 1981
Reformulates the reimbursement by the Administrator of Veterans' Affairs to a State for the cost incurred in providing medical facility care in State homes to veterans eligible for such care in Veterans' Administration facilities. Establishes the per diem rate of payment at 30 percent of the average cost of such care at a Veterans' Administration facility, not to exceed 50 percent of the cost of such care in the State home.
United States · United States Congress · 25 March 1981
State and Local Government Financing Reform Act of 1981 - Excludes from the Federal law limiting and restricting the corporate powers of national banking associations to deal in and underwrite investment securities, specified dealings in and underwriting of all other nongeneral obligations issued or guaranteed by or on behalf of a State or any political subdivision thereof (except special assessment obligations and industrial revenue bonds) which are at the time eligible for purchase by a national bank for its own account, subject to specified limitations. Requires the Secretary of the Treasury to submit an annual report to the Congress showing the extent to which the business of underwriting and dealing in State and local obligations is being carried on by commercial banks as compared with other banking institutions with a view to determining the effect of the provisions of this Act on the institutional distribution of such business.
United States · United States Congress · 25 March 1981
Expresses the sense of the Congress that the President should: (1) express to the Soviet Union the United States' deep concern about the Soviet Union's depriving the Vashchenko and Chmykhalov families of religious freedom and refusing them permission to emigrate; (2) ensure that such families may reside in the U.S. embassy in Moscow until the Soviet Union authorizes their emigration; and (3) ensure provision of assistance for such families during their residence in the embassy.
United States · United States Congress · 24 March 1981
Hunger and Global Security Act - Title I: Public Law 480 - Amends the Agricultural Trade Development and Assistance Act of 1954 to require the President to consider the extent to which a developing country is using self-help measures to reduce illiteracy among young farmers and to improve the health of farmers and their families before the President can enter an agreement for the sale of agricultural commodities for foreign currencies and long-term-dollar credit with such country. Requires that the economic development and self-help measures the recipient country agrees to undertake be sufficiently described so that the primary beneficiaries will be needy people with incomes below the level required to prevent malnutrition. Requires such economic development and self-help measures to be in addition to the measures the recipient country had otherwise been planning to take. Directs the President to verify that such measures are being carried out and to report to the appropriate Congressional committees on such verification and on the additional nature of such measures. Title II: Multilateral Development Banks - Amends the Federal provisions for aiding international financial institutions to require the United States to work within certain multilateral development banks to establish a requirement that not less than 50 percent of such bank's lending benefit needy people. Requires the Secretaries of State and of the Treasury to report to Congress annually on establishing such requirement. Title III: World Food Security - Directs the President to encourage other grain exporting countries to establish food security reserves or take other measures that complement the U.S. food security reserve. Directs the President to report to Congress on actions taken with respect to such food security reserves. Directs the President to negotiate the establishment of a global food financing facility and ensure that the benefits of such facility meet basic human needs. Directs the President to report to Congress on the actions taken to implement such facility. Amends the Export Administration Act of 1979 to prohibit the Secretary of Commerce from imposing export controls on food if it is determined that such controls would cause measurable malnutrition in the countries against whom the controls are proposed unless the President determines such controls are necessary to protect U.S. national security. Title IV: Generalized System of Preferences - Amends the Trade Act of 1974 to prohibit the President from designating as a beneficiary developing country any country that fails to give priority to alleviating malnutrition and poor health and enabling the poor to participate actively in increasing economic productivity, unless the President determines that such designation is required by U.S. national security interests and so reports to Congress. Directs the President to review the possibility of increasing the benefits available to the poorest beneficiary developing countries under such Act's Generalized System of Preferences. Title V: American International Public Health Fund - Establishes within the Agency for International Development (AID) an American International Public Health Fund to provide financial assistance to private and voluntary organizations to support specified public health activities in developing countries. Limits the Fund's financial assistance with respect to the administrative activities of such organizations. Specifies factors to be considered in allocating the Fund's resources. Authorizes the Fund to carry out all AID programs assisting private and voluntary organizations. Directs the Administrator of AID to establish a Board for International Public Health which shall: (1) participate in project proposal review; (2) review documents that detail the terms under which the Fund provides financial assistance to private and voluntary organizations; (3) review the impact of activities supported by the Fund; (4) recommend the allocation of funds; and (5) participate in preparing the annual report. Requires the Director of the Fund to report annually to Congress and the President on the Fund. Authorizes appropriations for such Fund.
United States · United States Congress · 24 March 1981
Declares that high level officials of South Africa should not be invited to visit the United States until South Africa abandons its policy of apartheid and commits itself to granting social justice and participation in the political process to all South Africans.
United States · United States Congress · 18 March 1981
Water Pricing Reform Act of 1981 - Directs that any water delivery contract entered into by the Secretary of the Interior pursuant to the Reclamation Act shall require the repayment of costs of such delivery by the contractor at a rate at least equal to the costs incurred by the government. Requires contracts involving a project authorized by the Congress after enactment of this Act, or any project for which no contract has yet been executed, to provide for the recovery of costs at a rate determined by the Secretary, including: (1) all construction costs allocable to irrigation; (2) all operation and maintenance costs; and (3) interest on such charges. Authorizes the Secretary to establish higher rates for the recovery of costs to encourage conservation of water resources. Requires the Secretary to recalculate such rates each year and to modify each contract to reflect the cost alterations. Prohibits the duration of any water service contract entered into after enactment of this Act to be greater than ten years. Amends the Reclamation Project Act of 1939 to provide that repayment obligations of organizations contracting with the Secretary be fixed to achieve timely repayment of costs consistent with the annual payment capacity of such organization. Prohibits any such contract, subsequent to enactment of this Act, to be reduced on the basis of the contractor's ability to pay. Prohibits water sold under any contract with the Secretary to be resold without the written permission of the Secretary. Directs the Secretary in reviewing applications for such resales, to establish resale prices to prevent speculation by contractors. Authorizes the Secretary to require payment of a reasonable fee by the seller to cover administrative expenses, or such other purpose the Secretary may deem reasonable. Provides a procedure for public participation for any contract whose duration is longer than six months, prior to approval of the Secretary. Requires the submission to the Congress for approval of any contract involving the sale or delivery of more than 50,000 acre-feet.
United States · United States Congress · 18 March 1981
Ride-Sharing Tax Incentives Act of 1981 - Title I: Individual Income Tax Credits for Purchase of Commuter Highway Vehicles - Amends the Internal Revenue Code to allow individual taxpayers an income tax credit equal to 15 percent of the cost of acquiring a qualified commuter highway vehicle. Specifies that such vehicle must seat at least eight adults (excluding the driver) and must be usable for at least 176 days during certain periods of time for transporting individuals from their homes to work. Requires a minimum three-year use of such vehicle under penalty of recapture of credit amounts in the year of any cessation of such use or other disposition of the vehicle. Terminates the credit for vehicles acquired after 1985. Title II: Payments for Public Transportation Excluded from Gross Income - Amends the Internal Revenue Code to exclude from the gross income of an employee amounts paid or reimbursed by the employer for the cost of commuting to and from work on public transportation. Excludes from gross income any services provided or amounts contributed by an employer in connection with a ride-sharing program that assists employees in locating and starting car pools. Excludes from the gross income of the car pool driver any compensation received by the riders in the car pool. Title III: Amendments Relating to Investment Tax Credit for Commuter Highway Vehicles - Amends the Internal Revenue Code to allow a 20 percent investment tax credit for commuter highway vehicles. Revises the use requirements for such vehicles for purposes of qualifying for the investment tax credit. Title IV: Income Tax Credit for Employers Who Have Qualified Ride-Sharing Programs - Amends the Internal Revenue Code to allow employers a nonrefundable income tax credit for administrative expenses incurred in connection with the operation of a ride-sharing commuter program for employees. Determines the amount of such credit by multiplying the average number of such employees during the taxable year by a specified amount keyed to the percentage of participating employees. Terminates such credit after 1985.
United States · United States Congress · 12 March 1981
Amends the Legal Services Corporation Act to authorize appropriations for the activities of the Legal Services Corporation in the amount of $321,300,000 for fiscal year 1982 and necessary sums for fiscal years 1983 and 1984.
United States · United States Congress · 12 March 1981
Prohibits the Federal Trade Commission or any administrative law judge from issuing antitrust decisions, findings, or cease-and-desist orders in concentrated market structure or shared monopoly proceedings until Congress establishes and defines the elements of such a violation. Declares that this Act shall apply to any proceeding pending on March 10, 1981. Vacates any decision or order issued in such proceeding before the enactment of this Act.
United States · United States Congress · 12 March 1981
Beverage Container Reuse and Recycling Act - Prohibits the sale of carbonated beverages in beverage containers by retailers and distributors unless such containers carry a refund value of not less than five cents. Requires that retailers and distributors pay the amount of the affixed refund value of brands of beverages bought and sold by such retailers or distributors. Preempts State or local laws which the Administrator determines are inconsistent with this Act. Prohibits States from imposing any tax on the collection or return of refund values established by this Act. Prohibits distributors and retailers from selling beverages in metal beverage containers with detachable openings. Imposes penalties up to $1,000 for violation of the provisions of this Act. Directs the Administrator of the Environmental Protection Agency to monitor the rate of reuse and recycling of beverage containers. Directs the Administrator to report to Congress at specified intervals on the impact of this Act on: (1) conservation of energy and material resources; (2) resource recovery and the reduction of solid waste and litter; and (3) the economy. Directs the Administrator to consult with the Secretary of Labor on assisting individuals whose employment may be adversely affected by this Act. Sets forth effective dates for various provisions of this Act.
United States · United States Congress · 12 March 1981
Vietnam Veterans Agent Orange Act - Establishes a presumption of service-connected disability for veterans exposed to herbicides during service who suffer from a disease which may be caused by exposure to such herbicides, developed to a ten percent degree of disability. Requires the Administrator of Veterans' Affairs to determine what diseases and birth defects may be due to exposure to herbicides. Qualifies such birth defects disabling to a degree of ten percent as an aggravation of a preexisting injury suffered in the line of duty in the active military service during a period of war. Directs the Administrator to promulgate regulations within one year of enactment incorporating such determinations and setting forth the conditions of service during the Vietnam era required to establish exposure.
United States · United States Congress · 11 March 1981
Amends the Export Administration Act of 1979 to prohibit the export of goods the sales of which are prohibited or restricted in the United States by specified public health and safety laws, unless specified conditions are met. Authorizes the Secretary of Commerce to issue export licenses permitting the export of such goods if: (1) all statutory requirements are met; (2) the Secretary and the head of the agency regulating the sale of such goods in the United States concur that: (A) the country has requested such export and has been fully informed of any U.S. restrictions and possible hazards; and (B) the potential benefits outweigh the possible hazards; and (3) the sale in the importing country would be subject to restrictions comparable to those imposed in the United States. Requires such exported goods to include all information required by U.S. law. Prohibits the export of such goods if such information is likely to be ineffective. Prohibits the export of any goods to be used in manufacturing prohibited goods.
United States · United States Congress · 10 March 1981
Social Security Refinancing Act - Amends titles II (Old Age, Survivors and Disability Insurance) and XVIII (Medicare) of the Social Security Act and the Internal Revenue Code to finance the payment of disability insurance benefits and hospital insurance benefits through general tax revenues, rather than through employment and self-employment tax revenues. Adjusts the tax rates applicable to employers, employees, and self-employment income to finance the old age and survivors insurance program.
United States · United States Congress · 10 March 1981
Makes the tax deduction for repayment of certain unemployment benefits applicable to tax years ending after April 2, 1975. Waives any statute of limitation which prevents tax refunds resulting from the amendments made by this Act.
United States · United States Congress · 4 March 1981
Corrupt Horseracing Practices Act of 1981 - Prohibits the following conduct with respect to horseracing: (1) the entering of a horse in a race by its owner or trainer who knows or should know that the horse is drugged or numbed; (2) the drugging of a horse with reason to believe that it will compete in a race; and (3) the willful failure by the operator of a horseracing facility to disqualify or prohibit a horse from racing if such individual has been notified in accordance with this Act that such horse is drugged or numbed, was not available for testing, or has been suspended from racing. Sets forth the penalties for such acts, and provides increased penalties for second offenses, use of a dangerous weapon in committing such offenses, and the interference with duties or the falsification of records required by this Act. Provides for the disqualification of offenders from horseracing activities and the suspension of a drugged or numbed horse from racing, in accordance with specified procedures. Grants the Administrator of the Drug Enforcement Administration certain investigatory and other powers with respect to such offenses. Requires operators of horseracing facilities to comply with recordkeeping requirements established by the Administrator and to furnish testing space and facilities. Directs the Administrator to: (1) exempt from this Act any State which has enacted a comparable program; and (2) submit biennial reports to Congress on matters covered by this Act. Authorizes appropriations to carry out this Act. Permits the Administrator thereafter to assess fees upon operators of horseracing facilities to meet the costs of this Act. Amends the Federal criminal code to include the offenses of this Act in the existing prohibition against interstate and foreign commerce in aid of racketeering enterprises.
United States · United States Congress · 4 March 1981
Amends the Internal Revenue Code to provide that taxpayers who incur expenses for the care of a dependent child who is mentally or physically handicapped shall be eligible for the child care credit whether or not the taxpayer incurred such expenses to enable him to seek gainful employment or such expenses were incurred outside his household. Increases the amount of expenses which may be considered in determining the amount of the credit. Provides that the earned income limitation shall not apply to taxpayers who provide care for handicapped children. Grants tax-exempt status to a trust established for the care of a physically or mentally handicapped child of the taxpayer. Allows an income tax deduction for contributions to a child care trust. Limits the amount of such deduction for contributions to a child care trust. Limits the amount of such deduction to the lesser of 15 percent of the taxpayer's compensation includable in gross income for the taxable year, or $1,500. Provides that distributions from such a trust shall not be taken into consideration in determining the eligibility of such child for Federal or State assistance.
United States · United States Congress · 4 March 1981
Expresses the grave concern of the House of Representatives at the repression of the Guatemalan people by the Guatemalan Government. Calls upon the President to: (1) recall the U.S. representative; (2) order continued application to Guatemala of statutes limiting access to bilateral and multilateral aid to gross violators of human rights; (3) prohibit the granting of any Export-Import Bank credits or loan guarantees or the granting of export licenses; (4) instruct U.S. Executive Directors on specified international agencies to vote against grants and loans to Guatemala and to urge other governments to implement similar policies within these institutions; (5) actively work within the Organization of American States and the United Nations to pressure the Guatemalan government to cease its violence against the Guatemalan people; and (6) demand that the regime cease its repression and restore to the police and security forces their proper peacekeeping role.
United States · United States Congress · 3 March 1981
Alcoholic Beverage Labeling Act Amendment - Amends the Federal Food, Drug, and Cosmetic Act to deem an alcoholic beverage misbranded if it consists of more than 24 percent alcohol by volume and does not bear a health warning on its label, labeling, and advertising. Requires such health warning to state that use of such product may cause sickness or death, impair driving ability, create dependence or addiction, and harm the unborn during pregnancy. Requires the label to state that legal age is required for purchase.
United States · United States Congress · 26 February 1981
Amends the Internal Revenue Code to allow individual taxpayers a refundable income tax credit for the purchase of a new automobile during a specified time period. Limits the amount of such credit to the lesser of ten percent of the cost of such vehicle or $1,000.
United States · United States Congress · 26 February 1981
Urges the President to consider negotiations with Japan concerning: (1) a temporary restraint in automobile exports to the United States; (2) an equitable relationship between domestic and foreign sales prices; and (3) trade barriers affecting U.S. products
United States · United States Congress · 25 February 1981
Expresses the sense of Congress that: (1) Israel's security in the 1980's will reflect the military balance of power and continued U.S. assistance; (2) support of Israel will entail support of the United States; (3) the United States should build up its strength to contain Soviet influence in the Middle East; and (4) such actions will be viewed as reaffirming U.S. security agreements with Israel.
United States · United States Congress · 23 February 1981
United States Revitalization Act - Establishes the United States Revitalization Bank as an instrumentality of the United States with a board of directors appointed by the President with the advice and consent of the Senate. Sets forth the powers of the Bank. Directs the Bank to submit an annual report to the President, the Secretary of the Treasury, and the Congress. Sets the capital stock of the Bank at $5,000,000,000 subscribed by the Treasury from funds appropriated for such purpose. Grants the Bank the power to issue tax-exempt obligations in an outstanding aggregate principal amount not to exceed five times the paid-in-capital of the Bank at such time. Grants the Bank power to enter into agreements respecting its obligations. Permits the Bank, taking into account the market conditions for its obligations, to request that the Secretary guarantee its obligations with the full faith and credit of the United States. Specifies the tax status of the Bank, its real property and its employees. Authorizes the Bank to provide financial assistance to a business enterprise upon written request. Requires such request to be accompanied by a plan in accordance with the terms of this Act. Provides for assistance: (1) in cases of financial distress; or (2) for modernization or expansion that would have a significant beneficial impact on employment opportunities and productivity in the Nation. Sets forth general eligibility standards and conditions for financial assistance under this Act. Authorizes the Bank to provide financial assistance, under specified terms and conditions, to a local governmental unit which satisfies certain eligibility criteria. Directs the Bank, in providing such financial assistance, to give priority to those projects which: (1) involve facilities in urgent need of restoration; (2) result in the largest savings in annual operating costs or other costs; (3) significantly contribute to the economic development or reduce the economic decline of the area; and (4) will, upon completion, serve or benefit the largest number of persons. Authorizes the Bank to make loans, and to guarantee the payment of principal and interest on loans, to a local governmental unit or to a business enterprise on such terms and conditions as it deems appropriate. Sets forth the general requirements of such terms and conditions. Authorizes the Bank, in any case in which it is determined that other available forms of financial assistance are inappropriate, to purchase capital stock of an applicant business enterprise. Prohibits the aggregate amount of financial assistance to any one local governmental unit or business enterprise from exceeding, at any one time, ten percent of the paid-in capital stock of the Bank plus the aggregate amount of obligations of the Bank authorized to be outstanding under this Act. Authorizes the Board, at any time a request for financial assistance is pending or outstanding, to inspect and copy all documents of the applicant relating to its financial affairs and to have access to all facilities and properties of the applicant. Terminates the existence of the Bank 30 years after the effective date of this Act. Prohibits the Bank from making any commitments to provide new or increased financial assistance later than six years after the effective date of this Act. Transfers to the Secretary the duty of completing the winding up and liquidation of the Bank, if upon termination the Bank has not completed such activities. Applies to the Bank the financial disclosure provisions of the Ethics in Government Act of 1978. Sets forth conflict of interest prohibitions which shall govern directors, officers, and staff members. Authorizes appropriations to carry out the provisions of this Act.