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Rep. Cavanaugh, John J. [D-NE-2]

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379 records where Rep. Cavanaugh, John J. [D-NE-2] is listed as a sponsor, author, or other actor. Search with topics and years

Bill· HRH.R. 10214 (95th)referred

A bill to amend title 38, United States Code, to provide that agricultural employment required for eligibility for educational assistance under the GI bill for person enrolled in a farm cooperative program need not be full-time employment or the principal expected source of income of such person and may include employment in establishments engaged in the processing, distribution, or sale of agricultural products.

United States · United States Congress · 6 December 1977

Directs the Administrator of Veterans' Affairs in regard to the eligibility for educational benefits of a veteran or other person enrolled in a farm cooperative program, to prescribe for the agricultural employment requirement standards of relevance to the courses taken which allow such veteran or person to work: (1) in establishments engaged in the processing, distribution, or sale of agricultural products; (2) less than full-time; and (3) regardless of whether such employment is expected to be the principal source of income of the veteran or person so employed.

Resolution· HCONRESH.Con.Res. 420 (95th)referred

Concurrent resolution to assure equal access to quality health care for populations located in rural areas.

United States · United States Congress · 29 November 1977

Declares it the sense of Congress that the Secretary of Health, Education, and Welfare should not include in the National Guidelines for Health Planning any guidelines which would directly or indirectly cause the closing of any small, rural hospital which is the only hospital providing primary care services to a local community.

Resolution· HCONRESH.Con.Res. 398 (95th)referred

Concurrent resolution to condemn the Government of South Africa which has most recently evidenced its irresponsibility as a member of the international community by engaging in massive violations of the civil liberties of the people of South Africa.

United States · United States Congress · 3 November 1977

Denounces certain acts of the Republic of South Africa. Urges the President to take the strongest possible diplomatic measures against South Africa.

Bill· HRH.R. 9909 (95th)referred

Right to Financial Privacy Act

United States · United States Congress · 2 November 1977

Right to Financial Privacy Act - Prohibits any Federal Agency or employee, or any State or local government, from obtaining copies of, access to, or the information contained in, the financial records of any customer from a financial institution unless such records are described with particularity and: (1) such customer has authorized such disclosure in accordance with this Act; (2) such records are disclosed in response to an administrative subpena or summons; (3) such records are disclosed in response to a court order; or (4) such records are disclosed in response to a judicial subpena. States that no depository institution may provide to a Federal agency or employee, or to any State or local government, copies of or the information contained in the financial records of any customer except in accordance with the requirements of this Act. Requires that any depository institution which operates a customer bank communications terminal establish precautions which prevent unauthorized access to, or use of, the terminal and disclosure to unauthorized parties. Sets forth provisions governing customer authorization, administrative subpenas and summons, and search warrants. Prescribes civil and criminal penalties for violations of the provisions of this Act.

Bill· HRH.R. 9806 (95th)referred

A bill to repeal the carryout basis provisions added by the Tax Reform Act of 1976.

United States · United States Congress · 28 October 1977

Amends the Internal Revenue Code to repeal the carryover basis provisions enacted by the Tax Reform Act which provide that beneficiaries receiving property from a decedent's estate will retain the decedent's basis in the property. Restores prior law which "stepped up" or "stepped down" the property's basis to its market value at the time of death without imposing tax consequences on the appreciation or depreciation the property underwent while held by the decedent.

Bill· HRH.R. 9663 (95th)referred

A bill to amend the Federal Home Loan Mortgage Corporation Act.

United States · United States Congress · 20 October 1977

Amends the Federal Home Loan Mortgage Corporation Act to prohibit the Federal Home Loan Mortgage Corporation from issuing or applying rules or regulations which have the effect of excluding mortgagees approved by the Secretary of the Department of Housing and Urban Development for participation in specified mortgage insurance programs from the servicing of mortgages sold to the Corporation.

Bill· HRH.R. 9589 (95th)referred

Federal Reserve System Public Information Act

United States · United States Congress · 17 October 1977

Federal Reserve System Public Information Act - Amends the Federal Reserve Act to require that Federal Reserve banks keep verbatim transcripts of all meetings of their boards of directors. Requires such transcripts be delivered to Congress without deletion. States that the transcripts shall also be released to the general public with specified deletions permitted.

Bill· HRH.R. 9600 (95th)referred

Safe Banking Act

United States · United States Congress · 17 October 1977

Safe Banking Act - Title I: Supervisory Authority over Depository Institutions - Creates civil penalties for specified insider loans and loans to affiliates prohibited by the Federal Reserve Act; for violations of reserve requirements under such Act; and for violations of the National Bank Act relating to one borrower loan limits. Amends the Federal Reserve Act and the Federal Deposit Insurance Act to prohibit member banks and State nonmember banks from making loans to specified insiders where the amount of such loan, when aggregated with the amount of all other loans then outstanding by such bank to such insider, would exceed 50 percent of the limits on loans to a single borrower established by the Federal Reserve Act. Amends the National Housing Act to grant authority to the Federal Savings and Loan Insurance Corporation to make loans to a savings and loan association in order that it may buy the assets of a failing savings and loan. Authorizes financial regulatory agencies, including the National Credit Union Administration and the Federal Home Loan Bank Board, to initiate cease and desist actions against officers, directors, stockholders, or any person participating in the affairs of a financial institution (as well as against the institution itself as is allowed current law) when there have been violations of laws and regulations or unsafe and unsound banking practices which are likely to seriously weaken the condition of the institution in question. Sets forth a procedure to be followed for removal of officers and directors for breach of judiciary duty, which is defined as personal dishonesty or continuing disregard for the safety of the institution. Creates a hearing process for removal of a bank officer or director based on an indictment for or conviction of a felony. Title II: Interlocking Directors - Depository Institution Management Interlocks Act - Prohibits interlocking management and director relations between any depository institutions located in the same metropolitan area, savings loan associations, insurance companies, title companies, companies which appraise real property, and companies which close real estate transactions. States that this prohibition applies without regard to geographical limits where such an institution has assets exceeding $1,000,000,000 and seeks an interlocking relationship with any institution with assets over $500,000,000. Permits any person who is operating as a management official and whose activity was not in violation of this Act at the beginning of such service, to continue to serve in that position for a period not to exceed 15 months. States that a violation of this Title constitutes a violation of the Clayton Act. Charges the Antitrust Division of the Department of Justice with investigations of possible violations. Delegates authority for the enforcement of this Act. Title III: Foreign Branching - Amends the Federal Deposit Insurance Act to prohibit any State nonmember insured bank from operating any foreign branch without prior written consent of the Federal Deposit Insurance Corporation (FDIC). Permits such bank to acquire evidence of ownership in any foreign bank with such consent. States that when the liabilities of an insured bank for deposits are assumed by another insured bank the following shall occur: (1) the insured status of the bank whose liabilities are assumed shall terminate on the date of receipt by the FDIC of evidence of such assumption; (2) termination of separate insurance of all assumed deposits at the end of six months from the effective date; and (3) notification of such assumption by the assuming bank to each of the depositors of the assumed bank. Subjects performance of any bank services for a bank which is examined by a Federal supervisory agency to regulation by such agency. Requires such bank to notify such agency of the service relationship. Title IV: Conflicts of Interest - Depository Institutions Conflict of Interest Act - Amends the Federal Reserve Act to provide for the appointment by the President of the Senate, of a chairman and a vice chairman of the Federal Reserve Board. Amends the Federal Deposit Insurance Act, the Federal Reserve Act and the Federal Home Loan Bank Act to prohibit specified Presidential-appointee bank regulatory agency heads and members of such agencies from being employed for a period of two years after they leave office by institutions under their regulatory jurisdiction or with a holding company of affiliate. States that the Chairman of the Board of Governors of the Federal Reserve System shall be paid a salary at the Level I or Cabinet level and the remaining members shall be compensated at the Level III rate. Title V: Credit Union Restructuring - Amends the Federal Credit Union Act to place the National Credit Union Administration under the management of a National Credit Union Administration Board. Directs the Chairperson of such Board to be the spokesperson of the Board and to represent the Board and the National Credit Union Administration in its official relations with other branches of the Government. Requires each Federal credit union to pay the Administration an annual operating fee and to make annual financial reports to the Board. Title VI: Change in Bank Control Act - Amends the Federal Deposit Insurance Act to authorize the Federal Deposit Insurance Corporation, with consultation with the Board of Governors of the Federal Reserve System and the Comptroller of the Currency, to approve or deny in advance any change in control of any bank insured under this Act. Sets forth the procedure for such approvals or denials. Disallows approval if the change would create a monopoly, lessen competition, threaten the safety of the institution, or if the management capability of the applicant is not sound. Subjects the stock of all insured banks to the margin requirements established pursuant to the Securities Act of 1934. Requires insured banks to fully disclose bank stock loans to the Federal Deposit Insurance Corporation. Sets forth civil penalties for violations of this Title. Title VII: Change in Savings and Loan Control Act - Amends the National Housing Act to authorize the Federal Deposit Insurance Corporation to approve or deny in advance any change in control of any savings and loan association. Sets forth the procedure for such approvals or denials. Subjects the stock of all insured institutions to the margin requirements established pursuant to the Securities Act of 1934. Requires insured institutions to fully disclose bank stock loans to the Federal Deposit Insurance Corporation. Sets forth civil penalties for violations of this Title. Title VIII: Correspondent Accounts - Amends the Federal Deposit Insurance Act to direct each appropriate banking agency to study and report to Congress various aspects of interbank accounts. Title IX: Disclosure of Material Facts - Amends the Federal Deposit Insurance Act to require banks to include the following (in addition to other items) in at least one report of condition filed annually: (1) a list of all stockholders of record owning five percent or more of the stock of the institution; (2) a list by name of each insider, his maximum amount of indebtedness during such period, his outstanding amount of indebtedness, the range of interest rates charged on such indebtedness and the terms and conditions of such indebtedness; and (3) a list of the dollar amount of loans classified substandard, doubtful, and loss at the last examination of the bank. Title X: Financial Institutions Examination Council - Federal Bank Examination Council Act - Establishes the Bank Examination Council which shall prescribe uniform principles and standards for the Federal examination of financial institutions. Directs the Council to make recommendations for uniformity in other supervisory matters, including classification of loans subject to risk and identification of financial institutions in need of special supervisory attention. Requires the Council to establish a liaison committee composed of five representatives of State supervisory agencies in order to encourage the application of uniform examination principles and standards by State and Federal supervisory agencies. Authorizes the Comptroller of the Currency, upon the request of the Board of Governors of the Federal Reserve System, to examine foreign operations of State member banks. Title XI: Right to Financial Privacy - Right to Financial Privacy Act - Prohibits any Federal Agency or employee, or any State of local government, from obtaining copies of, access to, or the information contained in, the financial records of any customer from a financial institution unless such records are described with particularity and: (1) such customer has authorized such disclosure in accordance with this Act; (2) such records are disclosed in response to an administrative subpena or summons; (3) such records are disclosed in response to a court order; or (4) such records are disclosed in response to a judicial subpena. States that no depository institution may provide to a Federal agency or employee, or to any State or local government, copies of or the information contained in the financial records of any customer except in accordance with the requirements of this Act. Requires that any depository institution which operates a customer bank communications terminal establish precautions which prevent unauthorized access to, or use of, the terminal and disclosure to unauthorized parties. Sets forth provisions governing customer authorization, administrative subpenas and summons, judicial subpenas, and search warrants. Prescribes civil and criminal penalties for violation of the provisions of this Title. Title XII: Charters for Thrift Institutions - Amends the Home Owners' Loan Act to authorize the Home Loan Bank Board to provide for the organization, chartering operation, and regulation of associations to be known as Federal Savings and Loan Associations or Federal mutual savings banks. Subjects converting mutual savings banks to: (1) the requirements of existing State law pertaining to discrimination in the extension of home mortgage loans if the State requirements are more stringent than Federal laws and regulations; (2) a residential housing investment quota; and (3) such conditions of the Federal Home Loan Bank Board may prescribe. Establishes a five year shared risk program in the event that a converting institution fails. Title XIII: Holding Companies - Grants cease and desist and removal authority to the Board of Governors of the Federal Reserve System with respect to bank holding companies and to the Federal Home Loan Bank Board with respect to savings and loan holding companies. Sets forth civil penalties for violations of the Bank Holding Company Act. Eliminates the exemption for agricultural, labor, and horticultural organizations under the Bank Holding Company Act. Permits the waiver of the 30 day notice requirement for acquisitions of banks by bank holding companies when the action would facilitate the acquisition of a failing bank. Prohibits bank mergers or acquisitions by bank holding companies if such transactions would result in a monopoly, furtherance of a combination or conspiracy to monopolize, or substantially lessen competition in any section of the country unless such anticompetitive effects are clearly outweighed in the public interest by the probable effect of the transaction in meeting the convenience and needs of the community to be served. Prohibits such transactions if the appropriate regulatory agency finds that as a result of such transaction any one bank or holding company will control more than 20 percent of the banking assets held by banks in the States in which such bank of holding company is located. Excepts from such 20 percent prohibition a transaction which the appropriate agency finds to be immediately necessary to prevent the probable failure of a bank and where such agency finds that a less anticompetitive alternative is not available. Gives the appropriate agency discretion to prohibit such a transaction even if it is not disallowed by any other part of this Act if it is found to have probable adverse effects on competition or market concentration which are not clearly outweighed by the public interest. Gives the Department of Justice an independent right to seek a court injunction for any violation of this Act. Gives the district courts of the United States jurisdiction to prevent and restrain violations of this Act. Restricts standards for the entry of bank holding companies into bank related activities by requiring that such companies may not enter into such activities unless they are so closely and directly related to banking or managing or controlling banks that they are considered a proper and necessary incident thereto. Requires that such activity be likely to produce substantial benefits to the public which clearly and significantly outweigh possible adverse affects. Allows a bank holding company to continue specified activities so long as it has continuously engaged in those activities. Prohibits any national bank from engaging in any activity which the Board finds to be an improper activity for bank holding companies in general, or the holding company owning the bank in question, in particular. Requires bank holding companies and their subsidiaries to be capitalized in a safe and sound manner and to refrain from discriminating in making loans in favor of their parent holding company or their affiliated subsidiaries. Requires regular reports to the Board dealing with all intercompany loans. Sets forth procedures for administration of this Act and for judicial review. Gives to any interested person the right to petition the Board to commence a proceeding to consider the issuance, amendment, or revocation of a regulation promulgated here under. Title XIV: Effective Date - States that this Act shall take effect 120 days after enactment.

Bill· HRH.R. 9550 (95th)referred

A bill to amend the Older Americans Act of 1965 to provide that the Commissioner of the Administration on Aging may make grants to assist older persons adversely affected by natural disasters.

United States · United States Congress · 13 October 1977

Amends the Older Americans Act of 1965 to authorize the Commissioner of the Administration on Aging to make grants to assist older persons adversely affected by a major disaster or emergency declared by the President in accordance with the Disaster Relief Act of 1974.

Bill· HRH.R. 9493 (95th)referred

Tuition Tax Relief Act

United States · United States Congress · 11 October 1977

Tuition Tax Relief Act - Amends the Internal Revenue Code to allow individuals alternative, limited income tax credits or deductions for the tuition paid for the primary, secondary or higher education of the taxpayer, his spouse, or his dependents.

Bill· HRH.R. 9465 (95th)referred

A bill to amend the Federal Reserve Act to require that detailed minutes of Federal Open Market Committee meetings be released to the general public 3 years after the date of the meeting to which they relate.

United States · United States Congress · 6 October 1977

Amends the Federal Reserve Act to require that detailed minutes of Federal Open Market Committee meetings be released to the general public three years after the date of the meeting to which they relate.

Bill· HRH.R. 9367 (95th)referred

Right to Financial Privacy Act

United States · United States Congress · 28 September 1977

Right to Financial Privacy Act - States that the purposes of this Act are to protect and preserve the confidential relationship between financial institutions and their customers and the constitutional rights of those customers, and to promote commerce by prescribing policies and procedures to insure that customers have the same right to protection against unwarranted disclosure of customer records as if the records were in their possession. Prohibits any Federal agency or employee, or any State or local government, from obtaining copies of, access to, or the information contained in, the financial records of any customer from a financial institution unless such records are described with particularity and: (1) such customer has authorized such disclosure in accordance with this Act; (2) such records are disclosed in response to an administrative subpena or summons; (3) such records are disclosed in response to a court order; or (4) such records are disclosed in response to a judicial subpena. States that no financial institution may provide to a Federal agency or employee, or to any State or local government, copies of or the information contained in the financial records of any customer except in accordance with the requirements of this Act. Sets forth provisions governing customer authorization, administrative subpenas and summons, and judicial subpenas. Prescribes civil and criminal penalties for violation of the provisions of this Title.

Resolution· HRESH.Res. 786 (95th)referred

Resolution expressing the sense of the House of Representatives that the President should establish a Commission on Domestic and International Hunger and Malnutrition.

United States · United States Congress · 27 September 1977

Declares that the President should establish a Commission on Domestic and International Hunger and Malnutrition which should: (1) collect and generate information and resources on food, hunger, malnutrition and related concerns; (2) assess current programs affecting domestic and international hunger and malnutrition; (3) analyze and report its findings and recommendations to the President, the Congress, and the public; and (4) assist the President and the Congress in implementing its recommendations.

Law· HRH.R. 9179 (95th)open

Overseas Private Investment Corporation Amendments Act of 1978

United States · United States Congress · 19 September 1977

Overseas Private Investment Corporation Amendments Act - Amends the Foreign Assistance Act of 1961 to revise the criteria of the Overseas Private Investment Corporation in granting insurance and financing assistance. Repeals certain quantitative limitations on investment insurance and requirements regarding participation of private insurance companies. Prohibits direct investment loans for oil or gas extraction. Repeals prohibitions against financing surveys on the Corporation's maximum contingent liability. Extends the authority of the Corporation to engage in insurance investment. Revises limitations on the Corporation's investment and guaranty program. Permits the Corporation to issue certain participation certificates. Requires the Corporation to submit a report on the development of private and multilateral investment insurance programs. Requires the Corporation to consider certain social and economic effects as criteria for investment insurance and financing. Requires the Corporation to prepare a Development Impact Profile on projects involving insurance of development programs. Prohibits insurance payments to any investor determined to be responsible for an act of bribery by any Federal agency or court of the United States.

Bill· HRH.R. 9141 (95th)referred

Right to Financial Privacy Act

United States · United States Congress · 15 September 1977

Right to Financial Privacy Act - States that the purposes of this Act are to protect and preserve the confidential relationship between financial institutions and their customers and the constitutional rights of those customers, and to promote commerce by prescribing policies and procedures to insure that customers have the same right to protection against unwarranted disclosure of customer records as if the records were in their possession. Prohibits any Federal agency or employee, or any State or local government, from obtaining copies of, access to, or the information contained in, the financial records of any customer from a financial institution unless such records are described with particularity and: (1) such customer has authorized such disclosure in accordance with this Act; (2) such records are disclosed in response to an administrative subpena or summons; (3) such records are disclosed in response to a court order; or (4) such records are disclosed in response to a judicial subpena. States that no financial institution may provide to a Federal agency or employee, or to any State or local government, copies of or the information contained in the financial records of any customer except in accordance with the requirements of this Act. Sets forth provisions governing customer authorization, administrative subpenas and summons, and judicial subpenas. Prescribes civil and criminal penalties for violation of the provisions of this Title.

Bill· HRH.R. 9117 (95th)referred

A bill to amend the Internal Revenue Code of 1954 to exclude gain from certain sales of farms or businesses from treatment as an item tax preference for purposes of the minimum tax.

United States · United States Congress · 15 September 1977

Amends the Internal Revenue Code to exclude from the minimum tax any gain realized from any sale of: (1) substantially all the assets of any trade or business (including farming) owned by the taxpayer for the five-year period ending on the sale date; or (2) all the stock of a corporation owned by the taxpayer if his or her holdings on the sale date amount to at least 50 percent of the total fair market value of all stock of such corporation, if such sale of assets or stock is pursuant to a binding contract entered into before October 4, 1976.

Bill· HRH.R. 9142 (95th)referred

Right to Financial Privacy Act

United States · United States Congress · 15 September 1977

Right to Financial Privacy Act - States that the purposes of this Act are to protect and preserve the confidential relationship between financial institutions and their customers and the constitutional rights of those customers, and to promote commerce by prescribing policies and procedures to insure that customers have the same right to protection against unwarranted disclosure of customer records as if the records were in their possession. Prohibits any Federal agency or employee, or any State or local government, from obtaining copies of, access to, or the information contained in, the financial records of any customer from a financial institution unless such records are described with particularity and: (1) such customer has authorized such disclosure in accordance with this Act; (2) such records are disclosed in response to an administrative subpena or summons; (3) such records are disclosed in response to a court order; or (4) such records are disclosed in response to a judicial subpena. States that no financial institution may provide to a Federal agency or employee, or to any State or local government, copies of or the information contained in the financial records of any customer except in accordance with the requirements of this Act. Sets forth provisions governing customer authorization, administrative subpenas and summons, and judicial subpenas. Prescribes civil and criminal penalties for violation of the provisions of this Title.

Bill· HRH.R. 8882 (95th)referred

A bill to amend the Regional Rail Reorganization Act of 1973 to authorize the Secretary of Transportation to guarantee notes issued to State and local taxing authorities to secure payment of real property tax obligations owed by a railroad in reorganization.

United States · United States Congress · 5 August 1977

Amends the Regional Rail Reorganization Act of 1973 to authorize the Secretary of Transportation to guarantee securities and obligations issued by a railroad in reorganization to State and local taxing authorities to secure the railroad's tax obligations when the Consolidated Rail Corporation, the United States Railway Association, or the Federal Government asserts a superior interest in payment out of the estate of such railroad during reorganization or liquidation proceedings under the Bankruptcy Act. Directs the Secretary, if sufficient funds are unavailable to discharge such guarantees, to issue notes or other obligations to the Secretary of the Treasury. Authorizes the Secretary of the Treasury to sell such olbigations. Authorizes appropriations in such amounts as may be necessary to discharge all of the Secretary of Transportation's obligations under this Act.

Bill· HRH.R. 8829 (95th)referred

Right to Financial Privacy Act

United States · United States Congress · 5 August 1977

Right to Financial Privacy Act - States that the purposes of this Act are to protect and preserve the confidential relationship between financial institutions and their customers and the constitutional rights of those customers, and to promote commerce by prescribing policies and procedures to insure that customers have the same right to protection against unwarranted disclosure of customer records as if the records were in their possession. Prohibits any Federal agency or employee, or any State or local government, from obtaining copies of, access to, or the information contained in, the financial records of any customer from a financial institution unless such records are described with particularity and: (1) such customer has authorized such disclosure in accordance with this Act; (2) such records are disclosed in response to an administrative subpena or summons; (3) such records are disclosed in response to a court order; or (4) such records are disclosed in response to a judicial subpena. States that no financial institution may provide to a Federal agency or employee, or to any State or local government, copies of or the information contained in the financial records of any customer except in accordance with the requirements of this Act. Sets forth provisions governing customer authorization, administrative subpenas and summons, and judicial subpenas. Prescribes civil and criminal penalties for violation of the provisions of this Title.

Bill· HRH.R. 8875 (95th)referred

National Crude Oil Supply and Transportation Act

United States · United States Congress · 5 August 1977

National Crude Oil Supply and Transportation Act - Expresses the intent of Congress that the continuation of a transportation system to deliver Alaskan crude oil to Northern Tier or inland States be accomplished through expedited administrative procedures. Directs the Secretary of the Interior to establish a time schedule for the completion of required environmental impact statements in order to select a crude oil transportation system by February 1, 1978. Establishes criteria to be considered by the Secretary in selecting a transportation route. Directs the Secretary and other appropriate Federal officials to take all actions necessary to provide rights of way, permits, leases, and other authorizations necessary for the construction, operation, and maintenance of the transportation system approved under this Act. Declares that the actions of Federal officers and agencies under this Act shall not be subject to judicial review by the courts. Allows for claims that: (1) actions under this Act will deny Constitutional rights; and (2) actions taken are beyond the scope of authority conferred by this Act, provided that such claims are filed within 60 days following the date of the challenged action. Vests exclusive jurisdiction to hear such claims in the United States Court of Appeals for the District of Columbia, acting as a special court. Stipulates that any judicial proceedings should be completed at the earliest possible date. Declares that nothing in this Act shall authorize or imply an exemption from provisions of the antitrust laws.

Bill· HRH.R. 8766 (95th)referred

Federal Computer Systems Protection Act

United States · United States Congress · 4 August 1977

Federal Computer Systems Protection Act - Makes it a Federal crime for a person to directly or indirectly access or cause to be accessed for fraudulent purposes a computer system affecting commerce or having a connection with a Federal agency or financial institution.

Bill· HRH.R. 8741 (95th)referred

A bill to amend the Older Americans Act of 1965 to provide that the Commissioner of the Administration on Aging may make grants to assist older persons adversely affected by natural disasters.

United States · United States Congress · 3 August 1977

Amends the Older Americans Act of 1965 to authorize the Commissioner of the Administration on Aging to make grants to assist older persons adversely affected by a major disaster or emergency declared by the President in accordance with the Disaster Relief Act of 1974.

Bill· HRH.R. 8743 (95th)referred

Investment Policy Act

United States · United States Congress · 3 August 1977

Investment Policy Act - Title I: Findings and Definitions - States that the lack of a national policy on investment can adversely affect the economic health and well-being of the Nation. Title II: Declaration of National Policy - Declares that it is the policy and responsibility of the Federal Government to provide incentives to assure maximum investment in private enterprise. Title III: Federal Agency Coordination and Cooperation - Requires the Council on Wage and Price Stability shall submit an Investment Policy Report to Congress which shall include information on levels of capital investment available, trends in such levels, and reviews of economic programs affecting capital investment. Requires the President to transmit to Congress as a part of the economic report such other recommendations as desirable or necessary to achieve the policy declared in this Act.

Resolution· HCONRESH.Con.Res. 321 (95th)referred

Concurrent resolution expressing the sense of Congress that the Soviet Union should comply with the Helsinki Final Act, the International Covenant on Civil and Political Rights, and the Soviet Constitution, with respect to all its citizens and on that basis should allow Anatoly Shchransky to emigrate from the Soviet Union.

United States · United States Congress · 2 August 1977

Declares it the sense of Congress that the Soviet Union should release Anatoly Scharansky from custody and permit him to emigrate.

Law· HRH.R. 8638 (95th)open

Nuclear Non-Proliferation Act of 1978

United States · United States Congress · 29 July 1977

Nuclear Antiproliferation Act - Declares it United States policy: (1) to pursue the establishment of international controls of nuclear equipment, material, and technology, (2) to enhance the reliability of the United States as a supplier of nuclear fuels, (3) to encourage ratification of the Treaty on the Non-Proliferation of Nuclear Weapons, (4) to aid other nations in identification and adaptation of appropriate energy production technology, and (5) to enhance international safeguards. Title I: United States Initiatives for International Nuclear Cooperation - Declares that the United States shall seek stronger and more comprehensive commitments to anti-proliferation principles. Directs the President to seek commitments by all nations to certain non-proliferation objectives: (1) to prevent the use of nuclear material, equipment, or technology by any non-nuclear weapon state for any nuclear explosive device, (2) to achieve universal application of International Atomic Energy Agency (IAEA) safeguards, (3) to establish adequate security measures, (4) to restrict nuclear transfers, (5) to restrain the spread of nuclear fuel reprocessing or uranium enrichment facilities, (6) to prevent the spread of nuclear explosive devices to non-nuclear weapon states, and (7) to protect the environment from radioactive, chemical, or thermal contamination from nuclear activities. Directs the Energy Research and Development Administration, in consultation with the Nuclear Regulatory Commission, to establish a safeguards and physical security training program for people from nations receiving nuclear material, equipment, or technology. Directs the President to establish an international fuel cycle evaluation program, emphasizing alternatives to an economy based on separation of pure plutonium or the presence of high enriched uranium and problems related to spent fuel storage. Title II: United States Initiatives to Strengthen the International Atomic Energy Agency - Declares the United States to be committed to (1) strengthening the IAEA, and (2) a comprehensive nuclear safeguards system administered by that agency by (1) furnishing technical resources, support, and funding, (2) contributions for safeguard implementation, (3) assuring resources to carry out the statute of the IAEA, (4) improving the safeguard system, (5) assuring that the IAEA has the data to administer the safeguards program and that the IAEA gives notice to the world community of safeguards violations and (6) devising environmentally sound methods of nuclear facilities management. Directs the Department of Commerce, the Energy Research and Development Administration, and the Nuclear Regulatory Commission, in consultation with the Department of State and the Arms Control and Disarmament Agency, to develop methods and standards for the nuclear materials safeguard system of IAEA and other nations receiving assistance under the Atomic Energy Act of 1954. Title III: United States Initiatives for Assuring Adequate Nuclear Fuel Supply - Declares that the United States shall furnish a reliable supply of nuclear fuel to nations adhering to policies of nonproliferation of nuclear explosive devices. Directs the President to determine uranium enrichment needs for international needs. Title IV: Agreements for Cooperation - Amends the Atomic Energy Act of 1954 with respect to criteria for nuclear cooperation with other nations. Requires agreements for cooperation to include safeguard guarantees for the transfer of nuclear material and equipment. Imposes IAEA safeguards for nuclear materials as a condition for continued United States nuclear supply. Prohibits any material or technology transferred under such agreement or special nuclear material produced in a facility transferred pursuant to a cooperation agreement from being used for any nuclear explosive device. Stipulates that United States cooperation under such agreement will cease if the cooperating party detonates a nuclear explosive device (except for cooperation for military use of atomic energy or for cooperation with a nuclear-weapon state). Prohibits the transfer of nuclear material or restricted data furnished under such agreement without the consent of the United States. Requires that such agreements guarantee adequate physical security of any material transferred or produced thereunder. Requires a guarantee that material transferred or produced under such an agreement: (1) will be stored in facilities approved by the United States, and (2) will not be reprocessed without the prior approval of the United States, except for agreements for military uses or certain agreements for cooperation through the Department of Defense. Requires civil cooperation agreements to guarantee that any nuclear material or facility produced or constructed within the territory of the cooperating party, using nuclear technology transferred thereunder, to be subject to all guarantees required under such agreements. Exempts military use agreements and agreements through the Department of Defense from the foregoing requirement. Requires the cooperating party to report to the United States the status of nuclear material inventories. Permits the President to exempt a proposed agreement from any of the foregoing requirements upon a determination that such requirement would prejudice United States non-proliferation objectives or defense and security. Sets forth procedures for the negotiation and approval of such agreements, including the requirement that a proposed agreement be submitted to the President with an unclassified Nuclear Proliferation Assessment Statement. Sets forth procedures for military agreements and agreements with the Department of State. Prohibits execution of such an agreement unless the President has approved it and has determined that it will promote common defense and security. Sets forth procedures for submission of nuclear cooperation agreements to Congress. Limits the foregoing requirements and procedures of this chapter to agreements entered into after the effective date of this Act. Directs the President (1) to initiate negotiations to make the foregoing requirements of this chapter applicable to agreements already in existence, and (2) to seek international agreements to establish these requirements as nuclear export guidelines. Withholds jurisdiction from any court to compel the performance or review of any Nuclear Proliferation Assessment Statement required under this Act. Title V: Export Licensing Responsibilities - Amends the Atomic Energy Act of 1954 to restrict the authority of the Energy Research and Development Administration to distribute special nuclear material to foreign nations to no more than 500 grams per year to any recipient for laboratory supplies or for emergency situations. Amends the prohibition against the manufacture of special nuclear material outside the United States to permit such manufacture when authorized by the Energy Research and Development Administration rather than by the Nuclear Regulatory Commission. Requires that such authorization be made after consultation with the Department of State, the Arms Control and Disarmament Agency, and the Nuclear Regulatory Commission. Requires protection of trade secrets or proprietary information of any applicant for such authorization. Amends the Atomic Energy Act of 1954 to require that issuance of an export license by the Nuclear Regulatory Commission be preceded by notification by the Secretary of State that (1) such license will not be inimical to the common defense and security, and (2) the recipient has agreed to adhere to the criteria for nuclear exports. Sets forth procedures for such determination. Directs the Commission to issue regulations for nuclear export licensing, which shall be the exclusive basis for export licensing proceedings. Declares that no person has a right to an on-the-record hearing in such proceeding. Adopts criteria governing United States nuclear exports which include IAEA safeguards required by the Treaty on the Non-Proliferation of Nuclear Weapons; prohibitions against the use of such exports for any nuclear explosive device; adequate physical security measures; United States approval of any retransfer; and prohibition against reprocessing. Prohibits nuclear export licensing or distribution if the recipient (1) detonates a nuclear device, (2) terminates IAEA safeguards, or (3) is found by the President to have violated an IAEA safeguard agreement. Permits the President to authorize such export when the Commission does not issue a license because it cannot make statutory determinations required by the Atomic Energy Act when the President determines that to withhold such export would jeopardize objectives of nonproliferation, defense, and security. Permits congressional disapproval of an Executive order authorizing such export. Establishes additional licensing criteria, effective 18 months after enactment of this Act, which apply IAEA safeguards to all peaceful nuclear activities under the jurisdiction of the nation receiving such nuclear export. Prohibits the licensing for export of certain quantities of enriched uranium or plutonium unless Congress is given prior notice that such export is not inimical to common defense and security. Amends the Atomic Energy Act of 1954 to repeal the current standards for nuclear export licensing by the Nuclear Regulatory Commission. Directs the Commission to determine which components of nuclear facilities and other items or substances are relevant to export control because of their significance for nuclear explosive purposes. Prohibits the export of such components, items, or substances without a license issued by the Commission. Sets forth criteria and procedures for such licensing. Directs the President to publish procedures for the control by the Department of Commerce of the export items which are significant for nuclear explosive purposes, other than those controlled by the Commission. Prohibits the export of nuclear materials for enrichment unless such enrichment is permitted by the applicable agreement for cooperation. Title VI: Executive Branch Reporting - Directs the President (1) to review all governmental activities relating to the non-proliferation of nuclear explosive devices, and (2) to report annually to Congress on such activities. Directs the President to submit to Congress an analysis of each civil agreement for nuclear cooperation. Requires reports to Congress by the Nuclear Regulatory Commission and the Energy Research and Development Administration to include views and recommendations on United States nuclear non-proliferation policies and activities and an analysis of the nonproliferation implications of enrichment and reprocessing techniques. Requires the Department of State, the Arms Control and Disarmament Agency, the Department of Commerce, the Energy Research and Development Administration, and the Nuclear Regulatory Commission to report their non-proliferation activities to Congress. Title VII: Definitions and Savings Provisions - Defines terms for purposes of this Act.

Resolution· HRESH.Res. 689 (95th)referred

Resolution to maximize local nighttime radio service.

United States · United States Congress · 18 July 1977

Expresses the sense of the House of Representatives that the Federal Communications Commission should maximize local primary radio broadcast service in any proceeding respecting the provision of class I-A and I-B radio service. Prohibits the operation of a standard broadcast station with power in excess of 50,000 watts.

Bill· HRH.R. 8133 (95th)referred

Right to Financial Privacy Act

United States · United States Congress · 30 June 1977

Right to Financial Privacy Act - States that the purposes of this Act are to protect and preserve the confidential relationship between financial institutions and their customers and the constitutional rights of those customers, and to promote commerce by prescribing policies and procedures to insure that customers have the same right to protection against unwarranted disclosure of customer records as if the records were in their possession. Prohibits any Federal agency or employee, or any State or local government, from obtaining copies of, access to, or the information contained in, the financial records of any customer from a financial institution unless such records are described with particularity and: (1) such customer has authorized such disclosure in accordance with this Act; (2) such records are disclosed in response to an administrative subpena or summons; (3) such records are disclosed in response to a court order; or (4) such records are disclosed in response to a judicial subpena. States that no financial institution may provide to a Federal agency or employee, or to any State or local government, copies of or the information contained in the financial records of any customer except in accordance with the requirements of this Act. Sets forth provisions governing customer authorization, administrative subpenas and summons, and judicial subpenas. Prescribes civil and criminal penalties for violation of the provisions of this Title.

Bill· HRH.R. 7901 (95th)referred

National Weatherization Act

United States · United States Congress · 21 June 1977

National Weatherization Act - Title I: Utility Program - Amends the Energy Policy and Conservation Act to promote the voluntary submission by a State to the Administrator of the Federal Energy Administration of a residential energy conservation plan for utilities in such State. Requires such plan to direct utilities to implement a program informing residential customers of suggested measures for saving home heating and cooling costs. Permits the Administrator to require a regulated or unregulated utility in a State to offer such program upon the Administrator's determination that such State has not offered such plan for approval or implemented such plan. Title II: Weatherization Grants for the Benefit of Low-Income Families - Amends the Energy Conservation in Existing Buildings Act of 1976 to permit a raise in the eligible income level for weatherization grants to low-income families. Expands the definition of the term "weatherization materials" in such Act to include additional devices and technologies. Limits the amount of financial assistance available under such Act that may be spent on weatherization materials and specified accompanying costs. Amends the Housing Act of 1949 to require the Secretary of Agriculture to conduct a weatherization program financing the installation of weatherization materials in farm residences occupied by low-income people. Title III: Secondary Financing and Loan Insurance for Energy Conserving Improvements - Amends the Federal National Mortgage Association Charter Act to direct the Federal National Mortgage Association to purchase loans insured under the National Housing Act and made to low- and moderate-income families for the installation of energy conserving improvements in residences owned by such families. Permits the Secretary of Housing and Urban Development to insure a loan for the installation of energy conserving improvements. Specifies the eligibility conditions of such loan. Allows the Government National Mortgage Association to have standby authority to purchase loans for energy-conserving improvements. Title IV: Miscellaneous - Permits the Secretary of Housing and Urban Development to enter into annual contributions contracts for low-income projects to finance the installation of energy- conserving improvements. Directs the Secretary of Agriculture to promote the use of energy saving techniques through minimum property standards established for new rural residential housing assisted under the Housing Act of 1949. Amends the National Housing Act to permit specified increased amounts of assistance if such increase results from increased cost of a residence or project due to the installation of a solar energy system. Directs the Secretary of Housing and Urban Development to conduct a study for determining the necessity of a mandatory Federal requirement that all residential dwelling units meet energy efficient standards.

Law· HRH.R. 7738 (95th)open

International Emergency Economic Powers Act

United States · United States Congress · 13 June 1977

Title I: Amendments to the Trading With the Enemy Act - Amends the Trading With the Enemy Act of 1917 to repeal the authority of the President to regulate economic transactions with foreign countries or nationals except in time of war. Permits non-war emergency regulations in effect as of June 1, 1977, to continue for two years after the enactment of the National Emergency Act, unless the President determines that continuation of such regulations is in the national interest. Amends the National Emergencies Act to repeal the exemption of transactions in gold and silver from application of such Act. Amends the Trading With the Enemy Act of 1917 to repeal the authority of the President to take discretionary measures for the enforcement of wartime authority under such Act. Increases the penalties for violations of the Trading With the Enemy Act. Title II: International Emergency Economic Powers - International Emergency Economic Powers Act - Authorizes the President to regulate foreign economic transactions when the President declares a national emergency to deal with any unusual and extraordinary threat to the United States which has a foreign source. Directs the President to consult with and report to Congress when exercising such authority. Sets forth penalties for violation of regulations issued under this Act. Title III: Amendments to the Export Administration Act of 1969 - Amends the Export Administration Act of 1969 to permit the President to prohibit or curtail (1) exportation (to effectuate the policies of such Act) subject to the jurisdiction of the United States, or (2) exports by persons subject to such jurisdiction.

Resolution· HCONRESH.Con.Res. 239 (95th)referred

A concurrent resolution expressing the sense of the Congress that the U. S. Postal Service should not reduce the frequency of mail delivery service.

United States · United States Congress · 2 June 1977

Declares that it is the sense of the Congress that the United States Postal Services should not reduce the frequency of mail delivery service for any user of the mails below the frequency of such service which was in effect for such user of June 1, 1977.

Resolution· HRESH.Res. 606 (95th)referred

Resolution directing the Committee on Banking, Finance and Urban Affairs, the Committee on Appropriations, and the Committee on International Relations, to conduct a full review of all U.S. assistance for developing countries which is not currently subject to prior congressional review on a country-by-country basis, especially indirect assistance furnished through bilateral and multilateral lending institutions, in order to identify ways to increase congressional control over such assistance.

United States · United States Congress · 1 June 1977

Directs the Committees on Banking, Finance and Urban Affairs; Appropriations; Agriculture; and International Relations of the House of Representatives to review all United States foreign assistance furnished through bilateral or multilateral lending institutions, to ascertain means of increasing Congressional control over such assistance.

Bill· HRH.R. 7488 (95th)referred

A bill to provide that an electronically recorded summary of daily Chamber action in the Senate and the House of Representatives shall be made available by the Congress through the use of a toll-free telephone listing.

United States · United States Congress · 26 May 1977

Directs the Secretary of the Senate and the Clerk of the House to prepare a daily electronic recording which shall include a summary of action taken in the Senate and House Chambers during the preceding day and a list of laws signed by the President during the thirty-day period before the day on which such recording is prepared. Requires the establishment of a toll-free telephone listing to be used to transmit such electronic recordings. Authorizes appropriations necessary to carry out this Act.

Bill· HRH.R. 7449 (95th)referred

Defense Production Act Amendments

United States · United States Congress · 26 May 1977

Defense Production Act Amendments - Amends the Defense Production Act of 1950 to prohibit any Federal contracting officer who by virtue of his position is authorized to solicit or select sources of supply, or describe requirements for, enter into, award, modify, terminate, administer, or make determinations or findings with respect to any or contract while so employed, from accepting compensation from any contractor without the written permission of the standards of conduct counselor for his employing agency. Prohibits such contracting officer from owning a controlling interest in any contractor who has been affected by action taken by such officer. Prohibits such contracting officer from accepting employment within two years following his employment with the United States from any contractor who was affected by the action of such officer taken by him or her within three years prior to the termination of his or her employment with such agency, and from accepting employment with such a contractor in a position which was created or subsidized by revenues realized through a Federal contract handled by such officer until five years after the termination of such officer's employment with such agency has been terminated. Prohibits contractors from offering to any such officer of any compensation such officer is prohibited from receiving under this Act. Establishes a Conflict of Interest Review Board to review compliance by contracting officers with this Act. States that the Board shall issue advisory opinions with respect to compensation offered to such contracting officer after notice is published in the Federal Register and interested parties have had an opportunity to present testimony relating to the issuance of such advisory opinion. States that reliance on such advisory opinion shall be a defense to a civil or criminal case brought under this Act. Requires meetings of the Board at which such advisory opinions will be considered to be open to the public. Authorizes the Board to issue rules to implement this Act. Requires the Board to report annually to Congress respecting its activities and recommendations of legislative or regulatory actions to promote high ethical standards for Government employees. Requires the following persons to file specified information with the Board: (1) former Government employees who were employed in any given fiscal year as a representative of a Government contractor in any action in which the United States was a party or in any transaction with the United States; and (2) any Federal employee who was previously employed by a Government contractor at a salary rate equal to or greater than that for positions in grade GS-13. Exempts specified persons from the filing requirements of this Act.

Bill· HRH.R. 7295 (95th)referred

Postal Reorganization Act Amendments

United States · United States Congress · 18 May 1977

Postal Reorganization Act Amendments - Changes the organizational structure of the United States Postal Service by: (1) naming the Postmaster General chief executive officer and vesting in the Postmaster General the powers formerly held by the Board of Governors; (2) revising the procedures for adjustment of rates and services whereby the Postal Service is authorized to request the Congress to authorize appropriations to defray the estimated costs of the Postal Service for the fiscal year, to request a recommended decision of the Postal Rate Commission, or to propose a change in the nature of postal services; (3) requiring that all proposed capital investments by the Postal Service be reviewed by the Post Office and Civil Service Committees of the Senate and the House of Representatives; and (4) requiring the Postal Rate Commission to submit to the President annually a separate budget for its operating expenses. Prohibits reducing the frequency of mail delivery service below the frequency which was in effect on April 21, 1977.

Bill· HRH.R. 7275 (95th)referred

Administrative Rule Making Reform Act

United States · United States Congress · 18 May 1977

Administrative Rule Making Reform Act - Requires a Federal agency preparing to hold a rule making session to make a reasonable effort to inform those likely to be affected by the proposed rule making. Requires that if the affected group is large, representatives of such group must be notified. Requires, in addition to present requirements, that the notice of rule making include the projected effective date of the rules, the purpose of the rule making, the text of the proposed rules, and the technical or other studies on which the agency intends to rely in the rule making proceedings. Applies the requirements of this Act to all rule making sessions except (1) those specifically authorized to be kept secret in the interest of national security, and (2) those relating to agency management. Requires public notice and public opportunity for comment of all rule making proceedings under this Act unless the agency finds that the rules to be proposed are emergency rules or are of routine or insignificant impact in which case the rule must be published with reasons for its adoption. Requires Federal agencies to give interested persons at least 45 days to participate in the rule making. Requires the agency to maintain a file of each proceeding to be made available to the courts, Congress, and to the public in connection with review of the rule. Limits the period for public comment to a maximum of 90 days. Requires a copy of all proposed rules to be sent to Congress. States that such rule, other than an emergency rule, shall not become effective if it is disapproved within 90 days by both Houses of Congress, or it is disapproved within 60 days by one House and no action is taken on the disapproval resolution by the other House. Provides that either House of Congress may, by resolution, require any agency to reconsider and resubmit any rule to which this Act applies. Requires that such proposed rule be repromulgated anew in accordance with all the provisions of this Act unless it is reconsidered and resubmitted to Congress within 180 days after the adoption of the resolution requiring such reconsideration. Requires the Administrative Conference of the United States to study Congressional review of agency rule making under this Act and report the effect of such review on such rule making before July 1, 1982. Authorizes to be appropriated $200,000 to finance such study. Makes this Act effective on the first day of the first session of the Ninety-fifth Congress. Terminates the Congressional review required by this Act at the adjournment of the Ninety-seventh Congress.

Bill· HJRESH.J.Res. 460 (95th)referred

Joint resolution relating to the 30th anniversary of the Marshall plan.

United States · United States Congress · 12 May 1977

Establishes a delegation of United States citizens to confer with similar delegations from NATO democracies, Japan, Australia, and New Zealand, in commemoration of the Marshall Plan, to assess existing institutions and recommend means to perfect and preserve these institutions to protect the general welfare, liberty, and sovereignty of the people of the participating countries.

Bill· HRH.R. 7112 (95th)referred

Farm Production Protection Act

United States · United States Congress · 11 May 1977

Farm Production Protection Act - Repeals the Federal Crop Insurance Act. Establishes, within the Department of Agriculture, the Farm Production Corporation, with a capital stock of $300,000,000 subscribed by the United States of America. Empowers such Corporation to protect producers of agricultural products against loss of production cost due to unavoidable natural causes.

Resolution· HRESH.Res. 566 (95th)referred

Resolution to amend the Rules of the House of Representatives to require that all bills and resolutions have titles which accurately reflect their contents and all subject matters contained therein.

United States · United States Congress · 11 May 1977

Amends rule XXII of the Rules of the House of Representatives to prohibit the House from receiving or considering any bill or resolution unless its title accurately reflects its contents including the specific amount of each authorization or appropriation contained therein.

Bill· HJRESH.J.Res. 446 (95th)referred

Joint resolution to require a review of U.S. practices with respect to the embargo on arms shipments to the Republic of South Africa in order to insure that such embargo is effective.

United States · United States Congress · 6 May 1977

Directs the President to review United States policies and practices with respect to arms shipments to South Africa and to insure that such policies and practices are consistent with obligations under the United Nations Security Council Resolution to prevent shipment of arms and related items which might contribute to apartheid in South Africa. Requires the President to report on such review to Congress and to explain the licensing of "nonmilitary weapons" for shipment to South Africa.

Bill· HJRESH.J.Res. 436 (95th)referred

Joint resolution relating to the 30th anniversary of the Marshall plan.

United States · United States Congress · 4 May 1977

Establishes a delegation of United States citizens to confer with similar delegations from NATO democracies, Japan, Australia, and New Zealand, in commemoration of the Marshall Plan, to assess existing institutions and recommend means to perfect and preserve these institutions to protect the general welfare, liberty, and sovereignty of the people of the participating countries. Authorizes the appropriation of $500,000 to carry out this joint resolution.

Bill· HJRESH.J.Res. 425 (95th)referred

Joint resolution to require a review of U.S. practices with respect to the embargo on arms shipments to the Republic of South Africa in order to insure that such embargo is effective.

United States · United States Congress · 29 April 1977

Directs the President to review United States policies and practices with respect to arms shipments to South Africa and to insure that such policies and practices are consistent with obligations under the United Nations Security Council Resolution to prevent shipment of arms and related items which might contribute to apartheid in South Africa. Requires the President to report on such review to Congress and to explain the licensing of "nonmilitary weapons" for shipment to South Africa.

Bill· HRH.R. 6609 (95th)referred

A bill to extend the moratorium on post office closings.

United States · United States Congress · 25 April 1977

Amends the Postal Reorganization Act Amendments of 1976 to extend to June 15, 1977, the period during which the Postal Service is prohibited from: (1) increasing rates and fees to levels exceeding those in effect on the date of enactment of the Act; (2) offering levels and types of services which are less than those available on July 1, 1976; and (3) closing certain postal facilities which were in operation on July 1, 1976.