United States · United States Congress · 29 January 1973
Imposes a tax, under the Internal Revenue Code, on chapter 13 net capital gain received by an individual during the taxable year. Defines the term "chapter 13 net capital gain" as the amount of the net long-term capital gain for the taxable year in excess of the sum of $500, and the allowable deduction for interest. Defines such "deduction for interest" as the excess of investment interest on indebtedness over the amount allowed for such a deduction, under the Code, for an individual. Provides that such deduction for interest shall be allowed only to the extent of such net capital gain computed without such deduction. Provides that the above tax shall not apply in the case of an estate or trust. Provides that gross income shall not include gain and loss from the sale or exchange of property to the extent such property was held and used by the taxpayer for personal purposes. Repeals the provision of the Code relating to gain or loss resulting from the sale or exchange of a residence. Provides that the tax imposed on the transfer of the taxable estate of a decedent shall be credited with the aggregate amount of the taxes paid by the decedent which were imposed upon him as a tax on chapter 13 net capital gains. Provides that the value of the taxable estate of a decedent, for purposes of the tax imposed on the transfer thereof, shall be determined by deducting from the value of the gross estate the exemption and deductions provided for under chapter 11 of the Code, and after such deduction, adding the chapter 13 capital gain transfer taxes paid by the decedent during his lifetime.
United States · United States Congress · 24 January 1973
Provides elective coverage under the Federal old-age, survivors, and disability insurance system (Title II) of the Social Security Act for all officers and employees of the United States and its instrumentalities.
United States · United States Congress · 23 January 1973
Voluntary Military Special Pay Act - Sets forth special pay rates of officers of the Army or Navy in the Medical or Dental Corps, officers of the Air Force designated as medical officers or dental officers, and medical and dental officers of the Public Health Service. Authorizes a member of a uniformed service who has completed at least 21 months of active duty, who has a critical military skill, and who reenlists in the service to be paid an incentive amount, not to exceed six months of the basic pay to which he was entitled at the time of his discharge or release, multiplied by the number of years of additional obligated service, not to exceed 6 years, or $15,000, whichever is the lesser amount. Provides that a person who enlists in an armed force for a period of at least 3 years, or who extends his initial period of active duty in that armed force to a total of at least 3 years, may be paid an incentive amount of up to $3,000. Grants special incentive pay, not to exceed $12,000 annually, for officers of the uniformed services in critical health professions, who execute written agreements to remain on continuous active duty for a specified number of years. Requires an annual report on this special pay program to the House and Senate Committees on Armed Services. Authorizes special incentive pay, not to exceed $4,000 annually, for officers of armed forces who agree to serve on continuous active duty in a critical shortage specialty for a period of between one to six years. Provides for special incentive pay at specified rates for specified periods for participants in the Selected Reserve of the Ready Reserve of an armed force. Sets forth conditions participants must meet for eligibility. (Amends 38 U.S.C. 302, 308, 308a, 311, 313, 314)
United States · United States Congress · 22 January 1973
Repeals the provisions of the Internal Revenue Code relating to the capital gain or loss treatment allowed on the disposition of installment obligations transferred to life insurance companies. (Repeals 26 U.S.C. 453(d)(5))
United States · United States Congress · 22 January 1973
Permits the reappointment, under the District of Columbia Police and Firemen's Salary Act of 1958, of officers or members of the Metropolitan Police force, the Fire Department, the United States Park Police, or the Executive Protective Service who left such service in good standing without prejudice.
United States · United States Congress · 22 January 1973
Authorizes the Commissioner of Education to make grants to State education agencies to enable them to develop and carry out program to provide, through the use of students to institutions of higher education, tutoring and instructional assistance, under the supervision of a qualified teacher, for homebound handicapped children who, though able to benefit from preschool, elementary, or secondary education, are prevented by their handicaps from attending school. Requires local educational institutions that apply for funds under this program to give special consideration to veterans qualified for vocational financial need. Requires that the compensation for participating college students shall be between the Federal minimum wage set by the Commissioner and the maximum wage set by the Commissioner. Requires that the aim of such program shall be to integrate the handicapped into society, and to avoid the development of a segregated, permanent system of educcation for the handicapped. Provides that the Commissioner shall make grants under this Act to State educational agencies on the merits of their proporsal to him which shall be submitted on such application forms and under such guidelines as he shall prescribe. Authorizes $55,000,000 for fiscal year 1974, and necessary funds for fiscal years 1975 and 1976, to carry out the purposes of this Act. Requires the Commissioner to allocate the first 25 percent of such funds to each State in proporation to the ratio that the number of children aged three to twenty-one in the State bears to the number of such children in all the States. Authorizes the Commissioner of Education to make grants to State education agencies to enable them to develop and carry out programs to provide, through the use of students in institutions of higher education, tutoring and instructional assistance, under the supervision of a qualified teacher, for homebound handicapped children who, though able to benefit from preschool, elementary, or secondary education, are prevented by their handicaps from attending school. Requires local educational institutions that apply for funds under this program to give special consideration to veterans qualified for vocational rehabilitation, and to students with greater financial need. Requires that the compensation for participating college students shall be between the Federal minimum wage set by the Commissioner and the maximum wage set by the Commissioner. Requires that the aim of such program shall be to integrate the handicapped into society, and to avoid the development of a segregated, permanent system of education for the handicapped. Provides that the Commissioner shall make grants under this Act to State educational agencies on the merits of their proposals to him which shall be submitted on such application forms and under such guidelines as he shall prescribe. Authorizes $55,000,000 for fiscal year 1974, and necessary funds for fiscal years 1975, and 1976, to carry out the purposes of this Act. Requires the Commissioner to allocate the first 25 percent of such funds to each State in proportion to the ratio that the number of children aged three to twenty-one in the State bears to the number of such children in all the States.
United States · United States Congress · 22 January 1973
District of Columbia Dental Practice Act - Creates the District of Columbia Board of Dental Examiners. Authorizes the Board to promulgate such rules, regulations and procedures as it deems necessary relating to the professional and technical aspects of the examining, licensing, registration and regulation of dentists, dental hygienists, dental assistants and the practice of dentistry in the District of Columbia. Sets forth licensing requirements for persons engaged in the practice of dentistry, and for dental hygienists in the District of Columbia. Requires an annual renewal certificate for license holders. Defines dental hygienists and dental assistants as persons who perform their duties under the general direction and supervision of a dentist who is available in person on the premises where such persons are performing. Provides for the formation of nonprofit corporations to underwrite the costs of professional services of persons licensed under this Act. Authorizes the appropriation out of the revenues of the District of Columbia such funds as may be necessary to pay the expense of administering this Act.
United States · United States Congress · 22 January 1973
Authorizes the Commissioner of the District of Columbia to expand the Commission on Licensure to Practice the Healing Art by adding two members chosen from physicians and osteopathic physicians, and such additional members as necessary to represent the changing needs of the District of Columbis and to reflect the views of the medical profession. Permits the Commission to issue, without examination, temporary licenses to persons holding the degree of doctor of medicine or doctor of osteopathy who wish to pursue or participate in residency or fellowship training programs in the District of Columbia, if such individuals meet specified conditions. Entitles the holder of a license to sign birth and death certificates, prescriptions for narcotics, barbituates, and other drugs, and other legal documents in compliance with existing laws, if the execution of such documents involves duties prescribed by or incident to his residency or fellowship program. Provides that the Commission may issue a license, without examination, to anyone who has successfully completed the examination administered by the Federation of State Medical Boards of the United States.
United States · United States Congress · 18 January 1973
Provides under title II of the Social Security (Old-Age, Survivors' and Disability Insurance) that an individual may become entitled to widow's or widower's insurance benefits, subject to the existing actuarial reduction, at age 50 whether or not disabled.
United States · United States Congress · 18 January 1973
Authorizes the Secretary of the Interior, acting through the United States Bureau of Mines, to provide for the establishment and operation of a research center at Blacksburg, Virginia. Authorizes to be appropriated $6,100,000 for the erection and equipment of a building or buildings, including plumbing, lighting, heating, ventilation, general service, experimental equipment or apparatus, the necessary roads, walks and ground improvements; and such sums as may be necessary annually for the maintenance and operation of the research center, including personal services, supplies, equipment, and expenses of travel and subsistence.
United States · United States Congress · 18 January 1973
Continues under the Tariff Schedules of the United States for a period of three years (until September 5, 1975) the existing suspension of duty on istle. (Amends 19 U.S.C. 1202)
United States · United States Congress · 18 January 1973
Provides no part of any appropriation and no local currency owned by the United States shall be available for payment of any expenses, nor shall transportation be provided by the United States, in connection with travel outside the fifty States (including the District of Columbia) of the United States of: (1) any Delegate, Resident Commissioner, or member of either House of Congress after he has been defeated as a candidate for nomination, or election, to a seat in the House of Representatives or Senate of the United States in any primary or regular election until such time as he shall thereafter again become a Member of Congress, or (2) any Delegate, Resident Commissioner, or Member of either House of Congress after the adjournment sine die of the last session of a Congress if he is not a candidate for reelection in the next Congress.
United States · United States Congress · 18 January 1973
Allows a taxpayer to claim a tax deduction under the Internal Revenue Code with respect to the amortization of the amortizable basis of his railroad grading and tunnel bores, such deduction to be in lieu of any depreciation deduction or other amortization deduction. Provides that the deduction allowable under this Act for any taxable year shall be an amount determined by amortizing ratably over a period of 50 years the amortizable basis of the railroad grading and tunnel bores of the taxpayer. (Amends 26 U.S.C. 185)
United States · United States Congress · 18 January 1973
Health Care Insurance Act - Provides, under the Social Security Act, for medical, dental, and hospital care through a system of voluntary health insurance financed in whole for low-income groups through issuance of certificates, and in part for all other persons through allowance of tax credits. Adds to the Social Security Act a new title entitled Federal Financing of Voluntary Health Insurance. Provides that, for the purpose of providing assistance on behalf of the individuals and their dependents whose income and resources are insufficient to meet the costs of necessary medical, dental, and hospital services, there is established a program of hospital, dental, and medical benefits for any eligible beneficiary and his dependents through the issuance of health insurance certificates, in full payment of allowable premium on a qualified health care insurance policy of his choice. Asserts that health insurance certificiates of entitlement will be redeemable by the carrier by payment from the Federal Health Insurance Redemption Fund. Includes as eligible beneficiaries under this title any husband and wife both under age 65 and living together and any unmarried person under age 65 who is not a dependent beneficiary. Defines a dependent beneficiary as any child of an eligible beneficiary receiving more than 50 percent of his support from the eligible beneficiary, which child is under 21, or if a student, under age 23. Provides that every individual who is an eligible beneficiary whose income results in no individual income tax liability during his base year, whose dependent beneficiaries have no such liability for their taxable years which end during his base year, and who is not eligible to receive military medical care, shall be eligible to receive a health insurance certificate of entitlement. Asserts that such certificates shall be applicable in full payment of allowable premiums for a qualified health care insurance policy or plan. Requires that such policy or plan shall provide protection for the eligible beneficiary and his dependent beneficiaries for a 12-month period beginning during his benefit year against the expenses of health care, including catastrophic expenses of illness. Allows tax credits for health care insurance. Asserts that every individual who is an eligible beneficiary who has not elected, where eligible, to receive benefits under the provisions for fully-paid health care insurance for the low-income group and who is not eligible to receive military medical care, shall be allowed at his election a credit against his income tax liability for his taxable year which ends during his base year; or a health insurance certificate of entitlement acceptable by a qualified carrier in payment toward a premium, under a qualified health care insurance policy. Specifies the amount of the tax credit or the value to be assigned to the health insurance certificate on the basis of allowable premiums. Provides that a health insurance certificate of entitlement means a certificate issued by the Secretary of Health, Education and Welfare upon application to him by an eligible beneficiary to apply toward payment of premium on a qualified health care insurance policy or plan. Specifies that a qualified health care insurance policy or plan shall be a contractual agreement specifying benefits under a program offered by a qualified carrier which has been registered by a State Agency and which provides basic institutional and medical coverage and catastrophic expense coverage. Declares that each such qualified health care insurance policy or plan shall be noncancellable and guaranteed renewable so long as the carrier continues to offer to the public one or more qualified health care insurance policies or plans, shall provide protection against the expense of health care without regard to any pre-existing conditions, and shall provide for payment under this title of usual and customary charges for services covered under the policy or plan. Stipulates what costs shall be included under basic coverage and under catastrophic expense coverage. Establishes deductibles for each of the two types of coverage. Creates a Health Insurance Advisory Board which shall consist of eleven persons including the Secretary of Health, Education, and Welfare and the Commissioner of the Internal Revenue Service. Directs that the remaining members, not otherwise in the employ of the Government, shall be appointed by the President, with the advice and consent of the Senate, without regard to the provisions of title 5, United States Code, governing appointment in the competitive service. Asserts that the Secretary of HEW shall serve as Chairman. Provides that the members shall be selected from persons who are specifically qualified to serve on such Board by virtue of their education, training, or experience. Provides that the Health Insurance Advisory Board shall perform such functions as: (1) prescribe such regulations as may be necessary to carry out the purposes and provisions of this Act; (2) establish minimum Federal standards for the use of State insurance departments in determining whether an insurance company and plan are qualified under this Act; (3) in consultation with carriers, providers of services, and consumers, plan and develop programs whose purposes are to provide for maintaining the quality of medical care; and (4) review the effectiveness of the tax credit program and file an annual report. Grants the States the power to decide which carriers are qualified. Forbids any Federal officer or employee to exercise any supervision or control over the practice of medicine or dentistry or the manner in which medical or dental services are provided, or over the selection, tenure, or compensation of any officer or employee or any institution, agency, or person providing health services; or to exercise any supervision or control over the administration or operation of any such institution, agency, or person. Creates in the Treasury a trust fund to be known as the Federal Health Insurance Redemption Fund to consist in part of an amount equal to the aggregate amount of premiums paid under this title through the redemption of health insurance certificates.
United States · United States Congress · 18 January 1973
Health Care Insurance Act - Provides, under the Social Security Act, for medical, dental, and hospital care through a system of voluntary health insurance financed in whole for low-income groups through issuance of certificates, and in part for all other persons through allowance of tax credits. Adds to the Social Security Act a new title entitled Federal Financing of Voluntary Health Insurance. Provides that, for the purpose of providing assistance on behalf of the individuals and their dependents whose income and resources are insufficient to meet the costs of necessary medical, dental, and hospital services, there is established a program of hospital, dental, and medical benefits for any eligible beneficiary and his dependents through the issuance of health insurance certificates, in full payment of allowable premium on a qualified health care insurance policy of his choice. Asserts that health insurance certificiates of entitlement will be redeemable by the carrier by payment from the Federal Health Insurance Redemption Fund. Includes as eligible beneficiaries under this title any husband and wife both under age 65 and living together and any unmarried person under age 65 who is not a dependent beneficiary. Defines a dependent beneficiary as any child of an eligible beneficiary receiving more than 50 percent of his support from the eligible beneficiary, which child is under 21, or if a student, under age 23. Provides that every individual who is an eligible beneficiary whose income results in no individual income tax liability during his base year, whose dependent beneficiaries have no such liability for their taxable years which end during his base year, and who is not eligible to receive military medical care, shall be eligible to receive a health insurance certificate of entitlement. Asserts that such certificates shall be applicable in full payment of allowable premiums for a qualified health care insurance policy or plan. Requires that such policy or plan shall provide protection for the eligible beneficiary and his dependent beneficiaries for a 12-month period beginning during his benefit year against the expenses of health care, including catastrophic expenses of illness. Allows tax credits for health care insurance. Asserts that every individual who is an eligible beneficiary who has not elected, where eligible, to receive benefits under the provisions for fully-paid health care insurance for the low-income group and who is not eligible to receive military medical care, shall be allowed at his election a credit against his income tax liability for his taxable year which ends during his base year; or a health insurance certificate of entitlement acceptable by a qualified carrier in payment toward a premium, under a qualified health care insurance policy. Specifies the amount of the tax credit or the value to be assigned to the health insurance certificate on the basis of allowable premiums. Provides that a health insurance certificate of entitlement means a certificate issued by the Secretary of Health, Education and Welfare upon application to him by an eligible beneficiary to apply toward payment of premium on a qualified health care insurance policy or plan. Specifies that a qualified health care insurance policy or plan shall be a contractual agreement specifying benefits under a program offered by a qualified carrier which has been registered by a State Agency and which provides basic institutional and medical coverage and catastrophic expense coverage. Declares that each such qualified health care insurance policy or plan shall be noncancellable and guaranteed renewable so long as the carrier continues to offer to the public one or more qualified health care insurance policies or plans, shall provide protection against the expense of health care without regard to any pre-existing conditions, and shall provide for payment under this title of usual and customary charges for services covered under the policy or plan. Stipulates what costs shall be included under basic coverage and under catastrophic expense coverage. Establishes deductibles for each of the two types of coverage. Creates a Health Insurance Advisory Board which shall consist of eleven persons including the Secretary of Health, Education, and Welfare and the Commissioner of the Internal Revenue Service. Directs that the remaining members, not otherwise in the employ of the Government, shall be appointed by the President, with the advice and consent of the Senate, without regard to the provisions of title 5, United States Code, governing appointment in the competitive service. Asserts that the Secretary of HEW shall serve as Chairman. Provides that the members shall be selected from persons who are specifically qualified to serve on such Board by virtue of their education, training, or experience. Provides that the Health Insurance Advisory Board shall perform such functions as: (1) prescribe such regulations as may be necessary to carry out the purposes and provisions of this Act; (2) establish minimum Federal standards for the use of State insurance departments in determining whether an insurance company and plan are qualified under this Act; (3) in consultation with carriers, providers of services, and consumers, plan and develop programs whose purposes are to provide for maintaining the quality of medical care; and (4) review the effectiveness of the tax credit program and file an annual report. Grants the States the power to decide which carriers are qualified. Forbids any Federal officer or employee to exercise any supervision or control over the practice of medicine or dentistry or the manner in which medical or dental services are provided, or over the selection, tenure, or compensation of any officer or employee or any institution, agency, or person providing health services; or to exercise any supervision or control over the administration or operation of any such institution, agency, or person. Creates in the Treasury a trust fund to be known as the Federal Health Insurance Redemption Fund to consist in part of an amount equal to the aggregate amount of premiums paid under this title through the redemption of health insurance certificates.
United States · United States Congress · 18 January 1973
Health Care Insurance Act - Provides, under the Social Security Act, for medical, dental, and hospital care through a system of voluntary health insurance financed in whole for low-income groups through issuance of certificates, and in part for all other persons through allowance of tax credits. Adds to the Social Security Act a new title entitled Federal Financing of Voluntary Health Insurance. Provides that, for the purpose of providing assistance on behalf of the individuals and their dependents whose income and resources are insufficient to meet the costs of necessary medical, dental, and hospital services, there is established a program of hospital, dental, and medical benefits for any eligible beneficiary and his dependents through the issuance of health insurance certificates, in full payment of allowable premium on a qualified health care insurance policy of his choice. Asserts that health insurance certificiates of entitlement will be redeemable by the carrier by payment from the Federal Health Insurance Redemption Fund. Includes as eligible beneficiaries under this title any husband and wife both under age 65 and living together and any unmarried person under age 65 who is not a dependent beneficiary. Defines a dependent beneficiary as any child of an eligible beneficiary receiving more than 50 percent of his support from the eligible beneficiary, which child is under 21, or if a student, under age 23. Provides that every individual who is an eligible beneficiary whose income results in no individual income tax liability during his base year, whose dependent beneficiaries have no such liability for their taxable years which end during his base year, and who is not eligible to receive military medical care, shall be eligible to receive a health insurance certificate of entitlement. Asserts that such certificates shall be applicable in full payment of allowable premiums for a qualified health care insurance policy or plan. Requires that such policy or plan shall provide protection for the eligible beneficiary and his dependent beneficiaries for a 12-month period beginning during his benefit year against the expenses of health care, including catastrophic expenses of illness. Allows tax credits for health care insurance. Asserts that every individual who is an eligible beneficiary who has not elected, where eligible, to receive benefits under the provisions for fully-paid health care insurance for the low-income group and who is not eligible to receive military medical care, shall be allowed at his election a credit against his income tax liability for his taxable year which ends during his base year; or a health insurance certificate of entitlement acceptable by a qualified carrier in payment toward a premium, under a qualified health care insurance policy. Specifies the amount of the tax credit or the value to be assigned to the health insurance certificate on the basis of allowable premiums. Provides that a health insurance certificate of entitlement means a certificate issued by the Secretary of Health, Education and Welfare upon application to him by an eligible beneficiary to apply toward payment of premium on a qualified health care insurance policy or plan. Specifies that a qualified health care insurance policy or plan shall be a contractual agreement specifying benefits under a program offered by a qualified carrier which has been registered by a State Agency and which provides basic institutional and medical coverage and catastrophic expense coverage. Declares that each such qualified health care insurance policy or plan shall be noncancellable and guaranteed renewable so long as the carrier continues to offer to the public one or more qualified health care insurance policies or plans, shall provide protection against the expense of health care without regard to any pre-existing conditions, and shall provide for payment under this title of usual and customary charges for services covered under the policy or plan. Stipulates what costs shall be included under basic coverage and under catastrophic expense coverage. Establishes deductibles for each of the two types of coverage. Creates a Health Insurance Advisory Board which shall consist of eleven persons including the Secretary of Health, Education, and Welfare and the Commissioner of the Internal Revenue Service. Directs that the remaining members, not otherwise in the employ of the Government, shall be appointed by the President, with the advice and consent of the Senate, without regard to the provisions of title 5, United States Code, governing appointment in the competitive service. Asserts that the Secretary of HEW shall serve as Chairman. Provides that the members shall be selected from persons who are specifically qualified to serve on such Board by virtue of their education, training, or experience. Provides that the Health Insurance Advisory Board shall perform such functions as: (1) prescribe such regulations as may be necessary to carry out the purposes and provisions of this Act; (2) establish minimum Federal standards for the use of State insurance departments in determining whether an insurance company and plan are qualified under this Act; (3) in consultation with carriers, providers of services, and consumers, plan and develop programs whose purposes are to provide for maintaining the quality of medical care; and (4) review the effectiveness of the tax credit program and file an annual report. Grants the States the power to decide which carriers are qualified. Forbids any Federal officer or employee to exercise any supervision or control over the practice of medicine or dentistry or the manner in which medical or dental services are provided, or over the selection, tenure, or compensation of any officer or employee or any institution, agency, or person providing health services; or to exercise any supervision or control over the administration or operation of any such institution, agency, or person. Creates in the Treasury a trust fund to be known as the Federal Health Insurance Redemption Fund to consist in part of an amount equal to the aggregate amount of premiums paid under this title through the redemption of health insurance certificates.
United States · United States Congress · 18 January 1973
Authorizes the voluntary withholding of Maryland, Virginia, and District of Columbia income taxes in the case of legislative officers and employees under the jurisdiction of the Clerk and the Sergeant at Arms of the House of Representatives, the Architect of the Capitol, and the Librarian of Congress (limited in the last case to employees of the U.S. Botonic Garden). (Adds 5 U.S.C. 5516A)
United States · United States Congress · 18 January 1973
Health Care Insurance Act - Provides, under the Social Security Act, for medical, dental, and hospital care through a system of voluntary health insurance financed in whole for low-income groups through issuance of certificates, and in part for all other persons through allowance of tax credits. Adds to the Social Security Act a new title entitled Federal Financing of Voluntary Health Insurance. Provides that, for the purpose of providing assistance on behalf of the individuals and their dependents whose income and resources are insufficient to meet the costs of necessary medical, dental, and hospital services, there is established a program of hospital, dental, and medical benefits for any eligible beneficiary and his dependents through the issuance of health insurance certificates, in full payment of allowable premium on a qualified health care insurance policy of his choice. Asserts that health insurance certificiates of entitlement will be redeemable by the carrier by payment from the Federal Health Insurance Redemption Fund. Includes as eligible beneficiaries under this title any husband and wife both under age 65 and living together and any unmarried person under age 65 who is not a dependent beneficiary. Defines a dependent beneficiary as any child of an eligible beneficiary receiving more than 50 percent of his support from the eligible beneficiary, which child is under 21, or if a student, under age 23. Provides that every individual who is an eligible beneficiary whose income results in no individual income tax liability during his base year, whose dependent beneficiaries have no such liability for their taxable years which end during his base year, and who is not eligible to receive military medical care, shall be eligible to receive a health insurance certificate of entitlement. Asserts that such certificates shall be applicable in full payment of allowable premiums for a qualified health care insurance policy or plan. Requires that such policy or plan shall provide protection for the eligible beneficiary and his dependent beneficiaries for a 12-month period beginning during his benefit year against the expenses of health care, including catastrophic expenses of illness. Allows tax credits for health care insurance. Asserts that every individual who is an eligible beneficiary who has not elected, where eligible, to receive benefits under the provisions for fully-paid health care insurance for the low-income group and who is not eligible to receive military medical care, shall be allowed at his election a credit against his income tax liability for his taxable year which ends during his base year; or a health insurance certificate of entitlement acceptable by a qualified carrier in payment toward a premium, under a qualified health care insurance policy. Specifies the amount of the tax credit or the value to be assigned to the health insurance certificate on the basis of allowable premiums. Provides that a health insurance certificate of entitlement means a certificate issued by the Secretary of Health, Education and Welfare upon application to him by an eligible beneficiary to apply toward payment of premium on a qualified health care insurance policy or plan. Specifies that a qualified health care insurance policy or plan shall be a contractual agreement specifying benefits under a program offered by a qualified carrier which has been registered by a State Agency and which provides basic institutional and medical coverage and catastrophic expense coverage. Declares that each such qualified health care insurance policy or plan shall be noncancellable and guaranteed renewable so long as the carrier continues to offer to the public one or more qualified health care insurance policies or plans, shall provide protection against the expense of health care without regard to any pre-existing conditions, and shall provide for payment under this title of usual and customary charges for services covered under the policy or plan. Stipulates what costs shall be included under basic coverage and under catastrophic expense coverage. Establishes deductibles for each of the two types of coverage. Creates a Health Insurance Advisory Board which shall consist of eleven persons including the Secretary of Health, Education, and Welfare and the Commissioner of the Internal Revenue Service. Directs that the remaining members, not otherwise in the employ of the Government, shall be appointed by the President, with the advice and consent of the Senate, without regard to the provisions of title 5, United States Code, governing appointment in the competitive service. Asserts that the Secretary of HEW shall serve as Chairman. Provides that the members shall be selected from persons who are specifically qualified to serve on such Board by virtue of their education, training, or experience. Provides that the Health Insurance Advisory Board shall perform such functions as: (1) prescribe such regulations as may be necessary to carry out the purposes and provisions of this Act; (2) establish minimum Federal standards for the use of State insurance departments in determining whether an insurance company and plan are qualified under this Act; (3) in consultation with carriers, providers of services, and consumers, plan and develop programs whose purposes are to provide for maintaining the quality of medical care; and (4) review the effectiveness of the tax credit program and file an annual report. Grants the States the power to decide which carriers are qualified. Forbids any Federal officer or employee to exercise any supervision or control over the practice of medicine or dentistry or the manner in which medical or dental services are provided, or over the selection, tenure, or compensation of any officer or employee or any institution, agency, or person providing health services; or to exercise any supervision or control over the administration or operation of any such institution, agency, or person. Creates in the Treasury a trust fund to be known as the Federal Health Insurance Redemption Fund to consist in part of an amount equal to the aggregate amount of premiums paid under this title through the redemption of health insurance certificates.
United States · United States Congress · 18 January 1973
Health Care Insurance Act - Provides, under the Social Security Act, for medical, dental, and hospital care through a system of voluntary health insurance financed in whole for low-income groups through issuance of certificates, and in part for all other persons through allowance of tax credits. Adds to the Social Security Act a new title entitled Federal Financing of Voluntary Health Insurance. Provides that, for the purpose of providing assistance on behalf of the individuals and their dependents whose income and resources are insufficient to meet the costs of necessary medical, dental, and hospital services, there is established a program of hospital, dental, and medical benefits for any eligible beneficiary and his dependents through the issuance of health insurance certificates, in full payment of allowable premium on a qualified health care insurance policy of his choice. Asserts that health insurance certificiates of entitlement will be redeemable by the carrier by payment from the Federal Health Insurance Redemption Fund. Includes as eligible beneficiaries under this title any husband and wife both under age 65 and living together and any unmarried person under age 65 who is not a dependent beneficiary. Defines a dependent beneficiary as any child of an eligible beneficiary receiving more than 50 percent of his support from the eligible beneficiary, which child is under 21, or if a student, under age 23. Provides that every individual who is an eligible beneficiary whose income results in no individual income tax liability during his base year, whose dependent beneficiaries have no such liability for their taxable years which end during his base year, and who is not eligible to receive military medical care, shall be eligible to receive a health insurance certificate of entitlement. Asserts that such certificates shall be applicable in full payment of allowable premiums for a qualified health care insurance policy or plan. Requires that such policy or plan shall provide protection for the eligible beneficiary and his dependent beneficiaries for a 12-month period beginning during his benefit year against the expenses of health care, including catastrophic expenses of illness. Allows tax credits for health care insurance. Asserts that every individual who is an eligible beneficiary who has not elected, where eligible, to receive benefits under the provisions for fully-paid health care insurance for the low-income group and who is not eligible to receive military medical care, shall be allowed at his election a credit against his income tax liability for his taxable year which ends during his base year; or a health insurance certificate of entitlement acceptable by a qualified carrier in payment toward a premium, under a qualified health care insurance policy. Specifies the amount of the tax credit or the value to be assigned to the health insurance certificate on the basis of allowable premiums. Provides that a health insurance certificate of entitlement means a certificate issued by the Secretary of Health, Education and Welfare upon application to him by an eligible beneficiary to apply toward payment of premium on a qualified health care insurance policy or plan. Specifies that a qualified health care insurance policy or plan shall be a contractual agreement specifying benefits under a program offered by a qualified carrier which has been registered by a State Agency and which provides basic institutional and medical coverage and catastrophic expense coverage. Declares that each such qualified health care insurance policy or plan shall be noncancellable and guaranteed renewable so long as the carrier continues to offer to the public one or more qualified health care insurance policies or plans, shall provide protection against the expense of health care without regard to any pre-existing conditions, and shall provide for payment under this title of usual and customary charges for services covered under the policy or plan. Stipulates what costs shall be included under basic coverage and under catastrophic expense coverage. Establishes deductibles for each of the two types of coverage. Creates a Health Insurance Advisory Board which shall consist of eleven persons including the Secretary of Health, Education, and Welfare and the Commissioner of the Internal Revenue Service. Directs that the remaining members, not otherwise in the employ of the Government, shall be appointed by the President, with the advice and consent of the Senate, without regard to the provisions of title 5, United States Code, governing appointment in the competitive service. Asserts that the Secretary of HEW shall serve as Chairman. Provides that the members shall be selected from persons who are specifically qualified to serve on such Board by virtue of their education, training, or experience. Provides that the Health Insurance Advisory Board shall perform such functions as: (1) prescribe such regulations as may be necessary to carry out the purposes and provisions of this Act; (2) establish minimum Federal standards for the use of State insurance departments in determining whether an insurance company and plan are qualified under this Act; (3) in consultation with carriers, providers of services, and consumers, plan and develop programs whose purposes are to provide for maintaining the quality of medical care; and (4) review the effectiveness of the tax credit program and file an annual report. Grants the States the power to decide which carriers are qualified. Forbids any Federal officer or employee to exercise any supervision or control over the practice of medicine or dentistry or the manner in which medical or dental services are provided, or over the selection, tenure, or compensation of any officer or employee or any institution, agency, or person providing health services; or to exercise any supervision or control over the administration or operation of any such institution, agency, or person. Creates in the Treasury a trust fund to be known as the Federal Health Insurance Redemption Fund to consist in part of an amount equal to the aggregate amount of premiums paid under this title through the redemption of health insurance certificates.
United States · United States Congress · 11 January 1973
Authorizes the Secretary of the Interior to establish the George Washington Boyhood Home National Historic Site in the State of Virginia. Authorizes to be appropriated such sums as may be necessary to carry out the provisions of this Act.
United States · United States Congress · 9 January 1973
Removes gin and vodka from the trademark requirements of the Internal Revenue Code. (Amends 26 U.S.C. 5233(c)) Includes distilled spirits that are bottled or packaged in casks or other bulk containers in the United States as eligible for export tax drawbacks under the Internal Revenue Code. Provides that distilled spirits delivered to the Armed Forces of the United States for exportation shall be deemed exported at the time of such delivery. (Amends 26 U.S.C. 5062) Provides that distilled spirits which would be eligible for a drawback allowance on exportation may be returned by the bottler or packager of such distilled spirits to an export storage facility on the bonded premises of the distilled spirit plant where bottled or packaged, solely for the purpose of storage pending withdrawal without payment of tax. Provides that a proprietor of an export storage facility on the bonded premises who has bottled distilled spirits, which are stamped and labeled as bottled in bond for domestic consumption, may return cases of such bottled distilled spirits to appropriate storage facilities on the bonded premises of the distilled spirits plant where bottled for storage pending withdrawal for any purpose for which distilled spirits may be withdrawn from bonded premises. (Amends 26 U.S.C. 5215) Provides that a proprietor who has established facilities for the storage on bonded premises of distilled spirits may establish a portion of such premises as an export storage facility for the storage of distilled spirits returned to bonded premises. (Amends 26 U.S.C. 5178 (a) (3)) Requires every container of distilled spirits returned to a bonded premises to be stamped under regulations prescribed by the Secretary of the Treasury. Provides that bottled distilled spirits returned to bonded premises may be withdrawn from bonded premises for transfer to customers bonded warehouses in which imported distilled spirits are permitted to be stored in bond for entry therein pending withdrawal therefrom. (Amends 26 U.S.C. 5066) Requires every distiller and every bonded warehouseman to keep records of the kind and quantity of distilled spirits returned to bonded premises. Provides that whenever any distilled spirits are returned to the bonded premises of a distilled spirits plant, the Secretary or his delegate shall credit or refund the internal revenue tax found to have been paid on such distilled spirits. Provides that whenever any distilled spirits are returned to the bonded premises of a distilled spirits plant, the Secretary shall credit the tax imposed on the spirits so returned. (Amends 26 U.S.C. 5008 (d)) Provides that distilled spirits may be withdrawn from the bonded premises of any distilled spirits plant in approved containers, without payment of tax, for transfer to any customs bonded warehouse from which distilled spirits may be exported, or by a proprietor of bonded premises, for use in research, development, or testing of processes, systems, materials, or equipment, relating to distilled spirits or distillery operations. (Amends 26 U.S.C. 5214 (a)) Applies the export bonds requirements to distilled spirits transferred to a customs bonded warehouse for storage therein pending exportation. (Amends 26 U.S.C. 5175 (a)) Provides that persons liable for tax on distilled spirits shall be relieved of such liability when such spirits are used in certain research, development, or testing, as provided by law. (Amends 26 U.S.C. (e) (2)) Removes certain tax liens on distilled spirits when such spirits are exported, deposited in a foreign trade zone, used in the production of wine, laden as supplies upon, or used in the maintenance or repair of, certain vessels or aircraft, deposited in a customs bonded warehouse, or used in certain research, development, or testing, as provided by law. (Amends 26 U.S.C. 5004 (a) (2) (c)) Provides that no tax shall be collected in respect to distilled spirits lost or destroyed while in transport to the customs bonded warehouse in the case of withdrawal, and in respect to loss of such distilled spirits withdrawn from bonded premises without payment of tax for certain research, development or testing, until such spirits are used as provided by law. (Amends 26 U.S.C. 5008 (f)) Provides that within 8 years of the date of original entry for deposit of the spirits, on bonded premises for further storage as may be necessary, distilled spirits which have been stored in internal revenue bond in the same kind of cooperage for not less than 4 years, may, within 20 years of the date of original entry for deposit of the spirits, be mingled on bonded premises. (Amends 26 U.S.C. 5234 (a) (2) (D))
United States · United States Congress · 3 January 1973
Requires the Secretary of Labor, under the Occupational Safety and Health Act of 1970, to recognize the difference in hazards to employees between the heavy construction industry and the light residential construction industry in promulgating health and safety standards. (Amends 29 U.S.C. 655)
United States · United States Congress · 3 January 1973
Provides that, until otherwise provided by law, effective April 1, 1973, there shall be paid out of the contingent fund of the House for office personnel and for rental or lease of necessary equipment for the conduct of the business of the office of each of the following officials of the House of Representatives the following per annum amounts: the Speaker, $40,000, the majority leader, $30,000, the minority leader, $30,000, the majority whip, $30,000, the chief deputy majority whip, $40,000, and the chief deputy minority whip, $40,000. Authorizes the Commissioner of the District of Columbia to enter into, and execute on behalf of the District of Columbia, the Interstate Agreement on Qualifications of Educational Personnel. Sets forth the provisions of the Interstate Agreement on Qualifications of Educational Personnel. Provides that the Superintendent of Schools for the District of Columbia shall represent the District in all actions involving the Agreement.
United States · United States Congress · 3 January 1973
Allows an income tax credit under the Internal Revenue Code for individuals who retired from the Armed Forces prior to June 1, 1958, to correct losses of retired pay sustained by such individuals. Limits the amount of the credit for any taxable year to the lowest of the following: (1) an amount equal to one-sixth of the lost retired or retainer pay; (2) the amount of the tax imposed for such taxable year, reduced by the sum of the credits allowable under the Internal Revenue Code provisions relating to tax withheld at source on tax-free covenant bonds, relating to foreign tax credit, relating to partially tax exempt interest, relating to retirement income, and relating to investment in certain depreciable property; (3) an amount equal to the excess of the lost retired or retainer pay over the sum of the credits allowable for prior taxable years.
United States · United States Congress · 3 January 1973
Allows an amortization deduction for income tax purposes to all taxpayers under the Internal Revenue Code of 1954 for the purchase and construction of railroad rolling stock (presently limited to taxpayers who are common carriers).
United States · United States Congress · 3 January 1973
Provides, under the Internal Revenue Code, that if real property held for investment is compulsorily or involuntarily converted into money after December 31, 1970, as a result of condemnation, or threat or imminence thereof, replacement property shall be treated as property similar or related in service or use to the property so converted. (Amends 26 U.S.C. 1033)
United States · United States Congress · 3 January 1973
Permits a foreign corporation primarily engaged in a banking, financing, or similar business to elect to treat all interest and all gain or loss from the sale or exchange of notes, bonds, or other evidences of indebtedness, arising in the course of the banking, financing, or similar business of the corporation making the election, which would not be treated as income effectively connected with the conduct of a trade or business within the United States, as income which is effectively connected with the conduct of a trade or business within the United States. Permits the withholding at source on all such income except to the extent that the requirement of such withholding is waived under regulations prescribed by the Secretary of the Treasury or his delegate upon determination that the collection of the tax imposed on such corporation will not be jeopardized by such waiver.
United States · United States Congress · 3 January 1973
Redefines part of the definition of the term "common trust fund" pursuant to the Internal Revenue Code as a fund maintained by a bank exclusively for the collective investment and reinvestment of moneys contributed thereto by the bank maintaining the fund, or by any other bank which is a member of an affiliated group (as defined in 26 U.S.C. 1504) of which the bank maintaining the fund is a member, in the capacity of the contributing bank as trustee, executor, administrator, or guardian. (Amends 26 U.S.C. 584 (a)(l))
United States · United States Congress · 3 January 1973
Entitles employees engaged in criminal law enforcement activities to immediate civil service retirement after completing 20 years of service, without the requirement of having abtained 50 years of age. Increases the annuity payment of such employees. Provides a $50,000 special death benefit to survivors of law enforcement employees killed in the line of duty. (Amends 5 U.S.C. 8336(c), 8339(d); Adds 5 U.S.C. 5585)
United States · United States Congress · 3 January 1973
Subjects Federal land banks, Federal land bank associations, and Federal intermediate credit banks to corporate taxes imposed by the Internal Revenue Code of 1954. (Amends 26 U.S.C. 501)
United States · United States Congress · 3 January 1973
Imposes a fine of not more than $1000 or imprisonment for not more than five years, or both, for any person in the District of Columbia who, without the consent of the owner, shall take, use, operate, or remove or cause to be taken, used, operated, or removed, from a garage, stable, or other building, or from any place or locality on a public or private highway, park, parkway, street, lot, field, enclosure, or space, an automobile or motor vehicle, and operate or drive or cause the same to be operated or driven for his own profit, use, or purpose. States that it shall be prima facie evidence of a violation of this Act if any person, after renting or leasing a motor vehicle under an agreement in writing which provides for the return of the motor vehicle to a particular place at a particular time, fails to return the motor vehicle to such place within five days after the time specified, and thereafter having been served with a written demand, either personally or by registered or certified mail return receipt requested, fails to return the motor vehicle, except for causes beyond his control, to the place specified in the written agreement within five days from the time of the service of the written demand.
United States · United States Congress · 3 January 1973
Adopts on the Federal level a specific version of music of the "Star-Spangled Banner" as the national anthem of the United States of America. Provides for such specific version in the text of the measure. Provides that the Anthem should always be performed in a manner that gives it due honor and respect. Provides that it should never be performed as a part of a medley or in circumstances where its importance as a national symbol is in any way cheapened.
![Official portrait of Rep. Broyhill, Joel T. [R-VA-10]](https://www.congress.gov/img/member/b000967_200.jpg)