The world's political record
Person
![Official portrait of Rep. Bustamante, Albert G. [D-TX-23]](https://www.congress.gov/img/member/b001172_200.jpg)
United States · Official source
2,662 records where Rep. Bustamante, Albert G. [D-TX-23] is listed as a sponsor, author, or other actor. Search with topics and years
United States · United States Congress · 16 June 1987
Authorizes and requests the President to designate December 1987 as Made in the U.S.A. Month.
United States · United States Congress · 16 June 1987
Designates June 16, 1987, the 11th anniversary of the Soweto demonstrations and Massacre in South Africa, as Soweto Remembrance Day. Encourages Americans to participate in local activities designed to commemorate the martyrs of Soweto and to show solidarity with those who are fighting to end apartheid.
United States · United States Congress · 16 June 1987
Designates the week of June 21 to June 27, 1987, as National Invent America! Week.
United States · United States Congress · 16 June 1987
Designates July 1, 1987, as National Centenarians Day.
United States · United States Congress · 11 June 1987
Designates the two week period of July 13 through July 26, 1987, as United States Olympic Festival-1987 Celebration. Designates July 17, 1987, as United States Olympic Festival-1987 Day.
United States · United States Congress · 11 June 1987
Declares that the Government of the Soviet Union should grant permission for Doctor Semyon Gluzman and his family to emigrate to Israel.
United States · United States Congress · 11 June 1987
Designates the week beginning September 4, 1988, as National Bowling Week.
United States · United States Congress · 10 June 1987
Amends the Internal Revenue Code to extend through 1992 the period during which qualified mortgage bonds may be issued. (Under current law, authority to issue these bonds expires as of 1989.)
United States · United States Congress · 10 June 1987
Fire Fighter Protective Gear Liability Reform Act of 1987 - Creates a presumption of liability against manufacturers of fire fighting equipment or protective clothing which does not comply with certain Federal or State occupational health and safety standards, in cases where a firefighter has been injured or died as a result of using the manufacturer's equipment.
United States · United States Congress · 9 June 1987
Voluntary Education Demonstration Program Act - Authorizes the Director of the Peace Corps to carry out a training and educational benefits demonstration program. Provides that eligible students must: (1) have completed two years of study at an institution of higher education; (2) agree to enter the Peace Corps for a period of two years; and (3) be selected pursuant to a competitive process. Describes the selection process, training, and educational benefits. Directs the Secretary to report to the Congress on an evaluation of such program. Authorizes appropriations for FY 1988 through 1993.
United States · United States Congress · 9 June 1987
Designates July 25, 1987, as Clean Water Day.
United States · United States Congress · 9 June 1987
Designates November 14, 1987, as National Philanthropy Day.
United States · United States Congress · 4 June 1987
Declares it to be the policy of the United States to: (1) develop a close relationship with Pakistan based on shared long-term security interests; (2) continue to assist Pakistan to meet the burdens imposed by the pressure of Afghan refugees; (3) communicate clearly to Pakistan the grave consequences posed to the United States-Pakistan relationship by Pakistan's ongoing nuclear program; and (4) seek a regional solution involving both India and Pakistan to the problem of nuclear proliferation in South Asia. Extends from September 30, 1987, to September 30, 1989, the authority of the President to waive the limitations respecting nuclear transfers with respect to Pakistan. Provides that any such waiver shall cease to be effective if the President certifies to the Congress that India has formally accepted the application of reliable safeguards to all its nuclear materials. Provides that if the President certifies to the Congress (at the same time or subsequently) that Pakistan has also formally accepted the application of reliable safeguards then such acceptance shall be deemed to constitute reliable assurances (for purposes of the limitations on nuclear transfers) that Pakistan will not acquire or develop nuclear weapons or assist other nations in doing so. Limits military assistance to Pakistan for FY 1988 through 1993 to 50 percent of the aggregate amount of military assistance for Pakistan which the President requested for FY 1988 unless the President certifies to the Congress that Pakistan has provided reliable and verifiable assurances that it will not produce weapons-grade special nuclear material.
United States · United States Congress · 4 June 1987
Residential Mortgage Credit Fairness Act of 1987 - Amends the Truth in Lending Act to prohibit a creditor from: (1) imposing terms and conditions for a residential mortgage transaction which are less favorable to the consumer than the terms and conditions which were originally disclosed to the consumer; or (2) limiting the availability or effectiveness of such terms and conditions to a specified period. Allows an exception to such requirements if: (1) the disclosure contains a clear and conspicuous statement that such terms and conditions are subject to charge; or (2) any delay in consummating the transaction is due to an unreasonable delay caused by the consumer. Requires that any disclosure made in connection with a residential mortgage shall: (1) be mailed or delivered before the earlier of the date on which the credit is extended or three days after the creditor receives the consumer's application; and (2) include a statement of the rights and duties of the creditor and the consumer and any form to be used by the consumer to exercise the right to withdraw the application. Allows a consumer to withdraw a mortgage application without incurring any obligation to the creditor (other than certain reasonable fees) if the consumer provides the creditor written notice within three days after receiving the required disclosure statement from the creditor. Specifies that for purposes of such required disclosure statements the term "finance charge" shall include any fee imposed by the creditor for any such extension of credit. Increases the civil penalty for failure to make a required disclosure for a residential mortgage from a minimum of $100 and a maximum of $1,000 to a minimum of $1,000 and a maximum of $10,000.
United States · United States Congress · 4 June 1987
Designates May 9 through May 15, 1988, as National Stuttering Awareness Week.
United States · United States Congress · 3 June 1987
Retirement and Survivor Annuities for Bankruptcy Judges and Magistrates Act of 1987 - Establishes a new retirement system for bankruptcy judges and magistrates with 14 or more years of service, or at least eight years of service, upon attaining age 65. Entitles a bankruptcy judge or magistrate who has served at least five years to disability retirement. Provides for cost-of-living adjustments in such retirement system. Requires each bankruptcy judge or magistrate who elects an annuity under this Act to notify the Director of the Administrative Office of the United States Courts. Declares that such judge or magistrate shall not be entitled to an annuity under the civil service systems. Declares this Act applicable to service on or after October 1, 1979. Establishes transition provisions for incumbent judges and magistrates. Provides survivors' annuities for bankruptcy judges, magistrates, and incumbents. Authorizes the recall of retired bankruptcy judges and magistrates into service.
United States · United States Congress · 3 June 1987
Designates the week of November 1 through November 7, 1987, as National Watermen's Recognition Week.
United States · United States Congress · 3 June 1987
Prohibits the proposed enhancement or upgrade in the sensitivity of technology of, or the capacity of, Maverick missiles for Saudi Arabia, as described in the May 29, 1987, certification from the President to the Congress under the Arms Export Control Act.
United States · United States Congress · 3 June 1987
Designates the week beginning October 18, 1987, as Financial Independence Week. Urges all citizens to pursue financial independence through sound planning and management of their individual resources.
United States · United States Congress · 3 June 1987
Expresses the sense of the Congress that: (1) the Congress strongly opposes the transfer of Railroad Retirement benefits to the Social Security Administration (as proposed by the executive branch); and (2) such a transfer should not occur.
United States · United States Congress · 2 June 1987
De Soto National Trail Study Act of 1987 - Amends the National Trails System Act to designate the De Soto Trail, extending through Florida, Georgia, South Carolina, North Carolina, Tennessee, Alabama, Mississippi, Arkansas, Texas, and Louisiana, for study for inclusion in such System.
United States · United States Congress · 2 June 1987
Prohibits, unless the Congress passes a law approving documentation, the Secretary of the department in which the Coast Guard is operating from issuing a certificate of documentation to a vessel if the vessel was previously registered under the laws of a foreign country and: (1) documentation is sought for the purpose of obtaining the protection of U.S. military forces; or (2) the vessel has been operated, within the 12 months preceding the request for documentation, or is intended to be operated in the Persian Gulf or in an area where commercial vessels have been attacked in such 12 months.
United States · United States Congress · 2 June 1987
Amends the Immigration and Nationality Act to establish within the Department of State a Visa Review Board to review the cases of certain aliens who have been denied visas, including cases of special immigrants, immediate relatives, preference status immigrants, and specified nonimmigrants.
United States · United States Congress · 2 June 1987
Designates August 11, 1987, as National Neighborhood Crime Watch Day.
United States · United States Congress · 28 May 1987
Consumer Lease and Lease-Purchase Agreement Act - Amends the Consumer Credit Protection Act to revise disclosure requirements, including advertisement disclosure requirements, for consumer leases and to establish separate disclosure requirements for lease-purchase agreements. Requires information disclosed pursuant to such requirements to be segregated from all other terms and information provided. Includes among revised disclosures for consumer leases: (1) the total lease cost; (2) the amount of any required security deposit; (3) statements explaining certain information about the consumer's liability based on the residual value of the property; and (4) a statement referring the consumer to the appropriate lease document for information concerning other possible costs. Requires the following information to be disclosed for lease-purchase agreements: (1) the number, individual amount, timing, and total amount of payments; (2) a statement that the consumer will not own the property until all payments are made; (3) a statement referring the consumer to the contract for an explanation of other possible costs; (4) a statement that the consumer is responsible for the fair market value of lost, stolen, damaged, or destroyed property; (5) a statement indicating whether the property is new or used; (6) a statement of the property's cash price; (7) the total of initial payments paid or required at or before consummation of the agreement or delivery of the property, whichever is later; (8) a clear summary of the terms of the consumer's option to purchase; (9) the identity of the party responsible for maintaining or servicing the property while it is being leased; (10) a brief description of insurance provided or paid for by the lessor; (11) a description of any security interest held or to be retained by the lessor; and (12) the date of the transaction and the identities of lessor and consumer. Requires each item of property displayed or offered by a lessor to have a tag or label disclosing specified information. Prohibits certain items from a lease-purchase agreement, including: (1) a confession of judgment; (2) a negotiable instrument; (3) a wage assignment; and (4) a waiver by the consumer of claims or defenses. Specifies provisions such an agreement must contain. Requires a lessor to provide the consumer a written receipt for each payment made by cash or money order. Requires that advertisements specify whether the advertised transaction is a lease or a lease-purchase agreement, except certain advertisements in the yellow pages of a telephone book. Provides that a renegotiation is a new lease or agreement requiring new disclosures. Requires no disclosures for a lease or agreement extension. Requires lessors to pay consumers' attorney fees only in unsuccessful suits to collect more than the prescribed maximum amount at the end of a lease. Prescribes civil and criminal penalties for violations and outlines defenses. Authorizes civil actions against lessor assignees only if a violation is apparent on the face of the disclosure statement.
United States · United States Congress · 27 May 1987
Amends the Federal criminal code to prohibit any person from engaging in, or furnishing money, goods, or services with the intent of assisting any group to engage in, military or paramilitary operations in a foreign country if there is a statutory prohibition against U.S. covert assistance to military or paramilitary operations in that country.
United States · United States Congress · 27 May 1987
Designates the week beginning February 1, 1988, as National VITA (Volunteer Income Tax Assistance Program) Week.
United States · United States Congress · 27 May 1987
Designates September 1987 as National Teenage Suicide Prevention Month.
United States · United States Congress · 21 May 1987
Depositor Protection Act of 1987 - Prohibits a bankruptcy trustee from avoiding as a preferential transfer certain withdrawal transactions made by depositors or investors from accounts with certain financial institutions which issue savings obligations or accept deposits in the ordinary course of business. Applies such prohibition to bankruptcy cases filed on or after March 9, 1983.
United States · United States Congress · 20 May 1987
Expresses the sense of the Congress that the United States should review its foreign policy toward and its relationship with the Government of China in light of the continued violation of human rights in Tibet. Requires any certification to the Congress pursuant to the Arms Export Control Act with respect to the sale of arms to China to be accompanied by a presidential determination that the Government of China is acting in good faith and in a timely manner to resolve human rights issues in Tibet. Requires the Secretary of State to submit a report to the Congress on the human rights situation in Tibet. Provides financial assistance for Tibetan refugees for FY 1988 and 1989. Provides scholarships for Tibetan exiles for FY 1988 and 1989.
United States · United States Congress · 20 May 1987
Designates the week of October 11 through October 17, 1987, as National Job Skills Week.
United States · United States Congress · 19 May 1987
Declares that the Congress recognizes and supports efforts to develop the National Purple Heart Museum in Enfield, Connecticut, and encourages the people of the United States to participate in the development of such museum.
United States · United States Congress · 18 May 1987
Designates August 1, 1987, as Helsinki Human Rights Day. Requests the President to: (1) reassert American commitment to the Helsinki Accords; (2) raise the issue of noncompliance with such Accords with the Soviet Union, Bulgaria, Czechoslovakia, the German Democratic Republic, Hungary, Poland, and Romania; (3) convey to all signatories of such Accords that respect for human rights and fundamental freedoms is vital to progress in the ongoing Helsinki process; (4) convey to U.S. allies the necessity of unity regarding such Accords; (5) continue his efforts to achieve the release of political prisoners of the Soviet Union, increase in Soviet emigration, resolution of family reunification cases, and cessation of radio transmission jamming; (6) seek the inclusion, in any concluding document agreed to in Vienna, of a mechanism to sustain human rights progress after the Vienna Conference on Security and Cooperation in Europe; and (7) convey to signatory states the desire of the United States for a result at Vienna that will not favor military security at the expense of human rights.
United States · United States Congress · 18 May 1987
Expresses the sense of the House of Representatives that Federal excise taxes should not be increased as a method of reducing the Federal budget deficit.
United States · United States Congress · 14 May 1987
Agricultural Mortgage Marketing Act of 1987 - Amends the Farm Credit Act of 1971 to establish as a federally-chartered institution of the Farm Credit System (System) the Federal Agricultural Mortgage Corporation (Corporation). States that the Corporation shall not be liable for the debts of any other System institutions. Directs the Corporation to provide a secondary agricultural mortgage market by: (1) developing uniform underwriting, security appraisal, and repayment standards; (2) determining the eligibility of agricultural mortgage marketing facilities to contract with the Corporation for credit enhancement of specific mortgage pools; and (3) providing credit enhancement to assure repayment of principal and interest on pools of qualified agricultural mortgage loans. Sets forth provisions relating to: (1) the Board of Directors; (2) operating powers; (3) stock; (4) agricultural mortgage marketing facility certification (including revocation); (5) credit enhancement of qualified agricultural mortgage loans; (6) the required ten-percent contribution reserve (including distributions of any earnings on such reserve and loss allocation); (7) standards for qualified agricultural mortgage loans; (8) credit enhancement (including fees and limitations on liability); (9) Corporation regulation (including an annual report); and (10) exemption from Federal and State securities laws under specified conditions (including authorized investments).
United States · United States Congress · 13 May 1987
Diplomatic Reciprocity and Security Act - Title I: Soviet Embassy in the United States and United States Embassy in the Soviet Union - Declares that the United States withdraws from the agreement with the Soviet Union concerning embassies in Moscow and Washington. Authorizes the President to waive such withdrawal if he determines, and reports to the Congress, that: (1) it is vital to the national security of the United States not to withdraw from the embassy agreement; (2) the U.S. Embassy in Moscow can be safely and securely occupied by the United States and used for its intended purposes; and (3) steps have been or will be taken to eliminate, no later than October 1, 1989, the damage to U.S. national security due to electronic surveillance from Soviet facilities at the Mount Alto site in Washington, D.C., and from other Soviet facilities in the United States. Provides that if the withdrawal from the embassy agreement takes effect the Mount Alto site may not be available for use by a foreign mission for any purpose. Expresses the sense of the Congress that the current arbitration process between the United States and the Soviet Union should be expanded to include Soviet reimbursement of the full costs incurred by the United States as a result of the intelligence activities of the Soviet Union directed at the new United States Embassy in Moscow. Requires the Secretary of State to achieve, by October 1, 1989, reciprocity in certain matters for U.S. diplomatic and consular posts in the Soviet Union. Specifies such matters as: (1) the payment of fair market value for goods and services in the Soviet Union; (2) full access to goods and services in the Soviet Union, including utilities; and (3) obtaining real property in the Soviet Union which is equivalent in terms of quantity and quality to the real property used by diplomatic and consular posts of the Soviet mission to the United States. Authorizes the Secretary to take certain measures, including the closing of Soviet diplomatic or consular offices, in order to achieve reciprocal treatment concerning real property. Requires the Secretary to report annually to the Congress concerning actions taken or planned to achieve such objectives. Requires the Secretary to submit to the Congress a report discussing whether the number of personnel of Soviet state trading enterprises in the United States should be reduced. Title II: Improving State Department Personnel Practices and Organization to Counter Hostile Intelligence Threats - Requires the Secretary of State to require periodic counterintelligence scope polygraph interviews of the Diplomatic Security Service. Requires the Secretary to develop and implement a special personnel security program for personnel of the Department of State assigned to U.S. diplomatic and consular posts in high intelligence threat countries who are responsible for security at those posts and for any individuals performing guard functions at those posts. Requires the Secretary to convene an Accountability Review Board in any case of a serious breach of security involving intelligence activities of a foreign government directed at a U.S. mission abroad. Prohibits, after September 30, 1989, employment of any national of a Communist country as a foreign national employee at U.S. diplomatic and consular missions in any Communist country. Exempts from such prohibition any foreign national employee who is not permitted access to: (1) U.S. Embassy or consulate grounds, vehicles, or buildings located in the compound of the Embassy or consulate; and (2) the residence, wherever located, of the chief of mission or the deputy chief of mission. Expresses the willingness of the Congress to provide additional funds to the Department of State for the expenses of employing U.S. citizens to replace foreign nationals dismissed as a result of such prohibition. Requires the Secretary to terminate the retirement benefits of foreign national employees who the Secretary reasonably believes engaged in intelligence activities directed against the United States. Allows the Secretary to waive such requirement on a case-by-case basis if he determines that it is vital to U.S. national security to do so and reports such waiver in advance to the appropriate committees of the Congress. Requires the Secretary to submit to the Congress a report discussing the advisability of employing foreign nationals at foreign service posts abroad. Establishes within the Department of State the position of Under Secretary of State for Security, Communications, Construction, and Missions. Provides that such Under Secretary shall be responsible for: (1) the Bureau of Diplomatic Security; (2) the Office of Communications; (3) the Office of Foreign Buildings; and (4) the Office of Foreign Missions. Replaces the current position of Director of the Office of Foreign Missions with the position of Assistant Secretary of State for Foreign Missions. Title III: Additional Measures to Protect Against Hostile Intelligence Threats - Authorizes additional appropriations for the Department of State to carry out the diplomatic security program. Requires the Secretary of State to conduct periodic surveys to determine the weaknesses in the programs, practices, and procedures for protecting classified information at U.S. diplomatic and consular posts, giving priority attention to posts in Communist countries. Amends the State Department Basic Authorities Act of 1956 to prohibit the acquisition of real property by or on behalf of the foreign mission of an unfriendly country if: (1) in the judgment of the Secretary of Defense, the acquisition of that property might improve the capability of that country to intercept communications involving U.S. diplomatic, military, or intelligence matters; or (2) if in the judgment of the Director of the Federal Bureau of Investigation, the acquisition of that property might improve the capability of that country to engage in intelligence activities directed against the United States.
United States · United States Congress · 12 May 1987
Amends the Immigration and Nationality Act to grant special immigrant status to an alien service member or veteran who has served honorably in the U.S. armed forces for four years, and to any accompanying spouse and children.
United States · United States Congress · 12 May 1987
Relinquishes all U.S. interests under a conservation easement in specified lands in Wood County, Texas, whenever a water resource project that will affect such land is started on or by January 1, 2000.
United States · United States Congress · 12 May 1987
Prohibits the Secretary of the Interior from acquiring title to or a conservation easement in any water resource land for use by the U.S. Fish and Wildlife Service unless the acquisition of such land interest is approved by the affected State's legislature and access to such land is guaranteed to members of the public.
United States · United States Congress · 11 May 1987
Amends Federal law relating to entitlement to impact aid payments to direct the Secretary of Education to allocate certain sums among local educational agencies which have unsatisfied entitlements.
United States · United States Congress · 11 May 1987
Designates the week of November 22 through November 28, 1987, as National Adoption Week.
United States · United States Congress · 8 May 1987
Amends the Immigration and Nationality Act to exempt from the English language naturalization requirement permanent residents over 65 years old who have lived in the United States for at least five years.
United States · United States Congress · 7 May 1987
Airport and Airway Improvement Amendments of 1987 - Amends the Airport and Airway Improvement Act of 1982 to authorize appropriations for FY 1987 through 1992 for air navigation facilities. Sets forth minimum obligation levels for certain fiscal years for the purchase and installation of instrument landing systems at primary, reliever, and other airports. Authorizes appropriations for FY 1987 through 1992 for research, engineering and development, and demonstration projects (including airport capacity preservation and enhancement). Sets forth funding limitations, and prescribes formulas for the appropriation of funds (including funding levels for airport capacity enhancement, safety and security, and airport noise compatibility programs). Revises the limitations on the use of funds earmarked for: (1) noise compatibility planning programs; and (2) integrated airport system planning. Authorizes the Secretary of Transportation to provide reimbursement through letters of intent for certain advance expenditures for airport development projects. Prescribes guidelines for such letters. Sets forth the assurance required of airport development project sponsors, including: (1) nondiscrimination provisions; (2) terminal airspace; (3) revenue; (4) land disposal; (5) airport layout plans; and (6) contracts for engineering and design services. Permits the use of: (1) State taxes on aviation fuel to support a State aviation program; (2) airport revenues for noise mitigation purposes; and (3) land disposal funds for certain airport lands, including airport noise compatibility lands. Revises, for specified fiscal years, the percentage by which the maximum Federal grant obligation for airport development lands may be increased. Directs the Secretary of Transportation to make available ten percent of the funds apportioned for public-use airports to local governmental units and public agencies for noise compatibility program grants if the Secretary finds that such public-use airport is not making reasonable progress toward development and implementation of a noise compatibility program. Amends the Aviation Safety and Noise Abatement Act of 1979 to authorize the Secretary to make grants to airport operators and local governmental units to soundproof public schools and hospitals which have been adversely affected by airport noise in the noise impact area surrounding the airport. Requires the Secretary to provide grant applicants and recipients notice and opportunity for a hearing before withholding either approval or payment due to noncompliance with the assurances required under this Act. Prohibits the Secretary from closing flight service stations or reducing their operation hours unless substitute service will be provided by an automated flight service station with specified equipment. Changes from mandatory to discretionary the Secretary's authority to provide by grant for the continuation of the Explosive Detection K-9 Team Training Program. Expresses the sense of the Congress that any regulation under which the Administrator of the Federal Aviation Administration limits the number of instrument flight rule takeoffs and landings should be phased out and eliminated at the earliest time consistent with aviation safety. Deems heliports to be airports for purposes of the Airport and Airway Improvement Act of 1982. Directs the Secretary to conduct a study (and report its results to the Congress by January 1, 1990) regarding a long-term overall airport system plan. Authorizes appropriations.
United States · United States Congress · 7 May 1987
Authorizes the Secretary of the Interior to accept specified lands for addition to Big Bend National Park, Texas.
United States · United States Congress · 7 May 1987
Amends Federal veterans' benefits provisions to direct (current law authorizes) the Administrator of Veterans Affairs to pay travel expenses of certain veterans and their eligible dependents to or from a Veterans Administration facility or other authorized place in connection with rehabilitation, counseling, or medical treatment or care. Defines those veterans entitled to such payment, including: (1) those veterans financially unable to meet such travel costs; and (2) those veterans unable to bear the cost of special transportation necessitated due to a medical disability. Limits such payments in the case of travel by a privately-owned vehicle to the cost of similar public transportation for such travel. Limits such payment to the actual cost incurred for such travel.
United States · United States Congress · 7 May 1987
Farm Credit Borrower Relief, System Reform and Local Control Act of 1987 - Title I: Interest Rate Reduction - Provides for: (1) a mandatory interest rate reduction of at least seven percent on all Farm Credit System (System) loans; (2) an additional reduction of up to two points, upon a borrower's written request, to be funded by applying up to one-half of such borrower's stock against interest otherwise due; and (3) a five-year guarantee of borrower stock. Title II: Borrower Relief: Forbearance and Restructuring - Amends the Farm Credit Act of 1971 to require all banks and associations to have a forbearance program providing for loan extensions, deferrals, or late payments for delinquent borrowers who meet specified criteria. Prohibits foreclosure if a borrower is making efforts to repay a loan, is maintaining the property, and has the capacity to work out of debt. Provides: (1) that a borrower must have at least 30 days written notice before a foreclosure action is filed against him or her; and (2) a ten-day right to appeal such action. Requires System institutions to make efforts to permit a borrower in a foreclosure or voluntary liquidation action to retain ownership or possession of a principal residence and a reasonable amount of adjoining land in order to maintain his or her family. Requires System institutions to establish lease-back buy-back programs to avoid displacing farm operators and depressing land values. Includes within such program provisions regarding: (1) leases with repurchase options; (2) repurchase options; (3) maximum ten-year terms for holding collateral; (4) use of loan collateral as bond collateral; (5) appeal rights; and (6) program inapplicability to wetlands and highly erodible land. Title III: Borrower Rights - Amends the Farm Credit Act of 1971 to protect a borrower from: (1) being required to provide additional collateral; (2) being foreclosed for failing to provide such collateral; or (3) being required to furnish additional financial information unless such provision is in the loan agreement or unless the borrower requests an agreement change. Provides for borrower access to documents and information. Grants a borrower the right to sue any System institution in a U.S. district court. Title IV: Uniform Use of Regulatory Accounting - Amends the Farm Credit Act of 1971 to require each bank of the System, for the years 1986 through 1988, to capitalize, amortize (over a 20-year period), and prepare financial reports on: (1) any additions to their loan loss reserves in excess of one-half of one percent; and (2) interest costs in excess of six percent. Title V: Sunset of the Capital Corporation and Halt to System Centralization Through Service Organizations - Amends the Farm Credit Act of 1971 to terminate the Farm Credit System Capital Corporation 90 days after the enactment of this Act. (Currently, such Corporation expires as of December 31, 1990.) Prohibits the Farm Credit Administration from chartering any entities except Federal land banks, Federal land bank associations, Federal intermediate credit banks, production credit associations, banks for cooperatives, the Central Bank for Cooperatives, and the Federal Farm Credit Banks Funding Corporation. Liquidates all service organizations established before the effective date of this Act, except the Federal Farm Credit Banks Funding Corporation, within 90 days of the effective date of this Act. Title VI: Future Stability Through Farm Credit Reserve Fund - Amends the Farm Credit Act of 1971 to direct the Farm Credit Administration to establish a reserve fund within 30 days of the effective date of this Act. States that such reserve shall be used to: (1) guarantee borrower stock; and (2) protect institution viability. Funds such reserve initially through a one-time issue of an uncollateralized joint obligation of System banks. Provides for perpetual reserve funding through obligation contributions. Sets forth operating provisions. Title VII: Termination of Loss Sharing That Conflicts With the Reserve Fund - Repeals the authority for interbank loss-sharing agreements. Title VIII: Local Control - Amends the Farm Credit Act of 1971 to provide a referendum method for stockholder elections of separate boards of directors for System banks. Terminates a district board if separate boards are established for two or more banks in such district. Sets forth related operating provisions. Title IX: Mandatory Cool-Off Period for Mergers - Amends the Farm Credit Act of 1971 to provide for a mandatory cooling-off period before a merger becomes effective. Title X: Funding Corporation Report - Amends the Farm Credit Act of 1971 to require the Federal Farm Credit Banks Funding Corporation to report annually to each System institution detailing its bond placements, budget, costs, and expenses.
United States · United States Congress · 7 May 1987
Restores, on an interim basis, certain recently amended procedures for determining the maximum attorney's fees which may be awarded to representatives of Old Age, Survivors and Disability Insurance (title II of the Social Security Act) claimants for services rendered before the Secretary of Health and Human Services. Directs the Secretary to conduct a study and report to the Congress regarding procedures for determining such fees.
United States · United States Congress · 7 May 1987
Designates the week of April 24 through April 30, 1988, as National Eating Disorders Awareness Week.
United States · United States Congress · 6 May 1987
Designates October 1987 as Polish American Heritage Month.
United States · United States Congress · 6 May 1987
Designates the week beginning on the third Sunday of September 1987 and 1988 as National Adult Day Care Center Week.