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 · 2 June 1987
Designates the period of June 1987 through May 1988 as Children's Bureau 75th Anniversary Year, recognizing the Children's work investigating, reporting on, and administering matters pertaining to the welfare of children and child life.
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 · 21 May 1987
Anti-Terrorism Sanctions Act of 1987 - Provides certain sanctions against countries determined by the Department of State, under provisions of the Export Administration Act of 1979, as countries that repeatedly provide support for international terrorism. Specifies such sanctions as: (1) the termination, withdrawal, or suspension of any portion of any trade agreement or treaty that relates to the provision of nondiscriminatory (most-favored-nation) trade treatment to such country; (2) the denial of nondiscriminatory (most-favored-nation) trade treatment by the United States; (3) the nonapplication of the Generalized System of Preferences with respect to the products of such country; (4) the nonapplication of the provisions of the Caribbean Basin Economic Recovery Act with respect to the products of such country; and (5) the nonapplication of the provisions of the International Travel and Tourism Act of 1961 instructing the Secretary of Commerce to consult with other nations regarding international travel and tourism. Authorizes the President to waive any or all of such sanctions with respect to any foreign country if the President determines that such a waiver would be in the best interests of the United States.
United States · United States Congress · 21 May 1987
Title I: Establishment of National Postsecondary Education Trust - Parental Assistance for Tuition Investment Act of 1987 - Establishes the National Postsecondary Education Trust. Creates a Board of Trustees of the Trust, to be composed of: (1) the Secretaries of Education and the Treasury, serving ex officio; and (2) five representatives of postsecondary education institutions and five members of the general public (not more than half of whom may be from the same political party), who shall be appointed by the President, by and with the advice and consent of the Senate. Creates under the jurisdiction and control of the Board an Advance Tuition Payment Fund. Sets forth the general duties of the Board, including holding the funds of the Trust, establishing necessary policy and procedures for operating the Trust, paying money directly to postsecondary institutions, collecting necessary fees for its operation, imposing reasonable time limits on use of tuition benefits, and other related administrative matters. Directs the Secretary of the Treasury, as Managing Trustee, to invest portions of Fund moneys in interest-bearing obligations of the United States or in obligations guaranteed by the United States. Sets forth restrictions on uses of the Fund. Requires the Board to make annual reports to the Congress. Allows a purchaser to enter into an agreement with the Trust, on behalf of itself and the Federal Government, for the purchase of an advance tuition payment plan for use by a qualified beneficiary to pay a portion of the costs of tuition and fees required to attend a postsecondary education institution to which the qualified beneficiary is admitted. Sets forth required contents and design of advance tuition payment plan agreements. Directs the Trust to provide that a purchaser may purchase an advance payment tuition plan for an eligible beneficiary at any time following the beneficiary's birth. Sets forth conditions for termination of agreements and for refunds upon termination. Sets forth certain restrictions. Authorizes appropriations. Provides that at such time as the Trust is capable of self-support the annual report shall indicate no need for subsequent appropriations. Title II: Tax Treatment of Advance Tuition Payment Plans - Amends the Internal Revenue Code to allow a tax deduction in an amount equal to the amount paid in cash during the year to the National Postsecondary Education Trust pursuant to any advance tuition payment plan agreement. Allows such deduction only if: (1) the taxpayer is the qualified beneficiary under the agreement and is not the dependent of another taxpayer; or (2) the taxpayer is entitled to a deduction with respect to the qualified beneficiary under such agreement for the taxable year. Limits maximum deductible payments per beneficiary to $2,000 for any taxable year and $48,000 for all taxable years. Sets forth certain adjustable gross income limitations above which such maximum deductible amounts are to be reduced. Disallows such deduction for the taxable year in which the beneficiary dies or attains age 25 or for any year thereafter. Disallows such deduction to a taxpayer who is a dependent of another taxpayer. Disallows such deduction with respect to a beneficiary who is the spouse of the taxpayer, unless the taxpayer is entitled to an exemption for the spouse and files a joint return. Deems payments to an advance tuition payment plan agreement as payments for the preceding taxable year if they are made not later than the time prescribed by law for filing the return. Provides that the deduction for payment under advance tuition payment plan agreements is also allowable to taxpayers who do not itemize deductions. Excludes from gross income any amount paid from the National Postsecondary Education Trust to any postsecondary education institution pursuant to any advance tuition payment plan agreement. Includes in the gross income of the person to whom the amount is paid any other amount paid from the National Postsecondary Education Trust which is not described in the preceding sentence. Adds a ten percent penalty tax for such refunds from the Trust, except where the beneficiary under the agreement dies.
United States · United States Congress · 20 May 1987
Amends title XVIII (Medicare) of the Social Security Act to cover an annual Papanicolaou test for the diagnosis of uterine cancer and an annual radiological mammogram for the diagnosis of breast cancer.
United States · United States Congress · 18 May 1987
Designates the week beginning June 21, 1987, as National Outward Bound Week in honor of the 25th anniversary of the first Outward Bound Outdoor Recreational Program offered in the United States.
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 · 13 May 1987
Higher Education Prepayment Tax Act of 1987 - Amends the Internal Revenue Code to provide an income tax exclusion for the value of any benefits covering tuition and related expenses and reasonable living expenses while away from home when such benefits are provided in accordance with a qualified prepaid college education contract, except for payments by an employer under such a contract. Defines eligible contracts as those between a payor and either a State or one or more institutions of higher education under which: (1) educational benefits are provided to eligible beneficiaries enrolled in certain undergraduate or vocational courses in pursuit of a degree or certificate; and (2) all payments made by the payor must be deposited into a prepaid college education trust created by a State or by one or more qualified institutions of higher education for the exclusive purpose of funding benefits under such contracts.
United States · United States Congress · 12 May 1987
Federal Procurement Liability Reform Act of 1987 - Requires the United States to hold harmless and indemnify a contractor against any liability (for damages arising from personal injury, illness, or death or from damage to, or loss of use of, property) resulting from goods or services supplied pursuant to a Government contract to the extent such liability exceeds the amount of commercial insurance or qualified self-insurance protection the contractor is required to carry under the contract. Prohibits such indemnification of a contractor: (1) if the goods or services supplied under the contract are also sold by the contractor to nongovernmental purchasers for similar application or for nongovernmental use; and (2) for liability caused by the gross negligence, intentional misconduct, or lack of good faith of the director, officer, or managing official of the contractor. Requires a contractor to secure and maintain commercial insurance or self-insurance of such type and in such amounts as: (1) agreed upon with the United States at the time of contracting; or (2) is reasonable under the circumstances, in the absence of an agreement. Requires a contractor to notify the United States within a reasonable period of time of any claim or action against the contractor which the contractor reasonably expects to give rise to a claim for indemnification. Permits the United States to control or assist in the settlement or defense of any such claim or action. Requires a contractor seeking indemnification to present a claim to the contracting agency. Allows a contractor aggrieved by the agency's determination to appeal such determination under the Contract Disputes Act of 1978. Permits the United States to discharge its indemnification obligation by making direct payments from specified funds to the contractor involved or to third persons to whom the contractor may be liable. Directs the Administrator for Federal Procurement Policy to establish guidelines for determining whether certain limitations on indemnification apply and whether the amount of insurance maintained by a contractor is reasonable. Provides that the provisions of this Act shall not apply with respect to any risks against which indemnification may be obtained under the Atomic Energy Act of 1954. Authorizes a permanent judgment appropriation to pay indemnification claims. Requires the court, in any civil action alleging liability of a contractor arising from injury to or death of an officer or employee of the United States, to determine the proportion of fault of the United States in causing the injury or death. Requires the court to reduce the liability of the contractor by the proportion of fault of the United States. Sets forth factors for determining the proportion of fault. Provides for reducing any reimbursements to the United States by the proportion of fault of the United States in causing the injury or death. Requires a contractor who seeks a reduction in judgment to notify the Attorney General of such civil action. Authorizes the Attorney General to intervene as a party in any such action. Declares that provisions of this Act that relate to the reduction of liability supersede any State law to the extent such law is inconsistent. Declares that nothing in this Act shall be construed to create any liability of the Government to any person other than to contractors for indemnification.
United States · United States Congress · 12 May 1987
Star Schools Program Assistance Act - Amends the Education for Economic Security Act to add a title establishing a star schools program. Cites the new title as the Star Schools Program Assistance Act. Empowers the Secretary of Education to make demonstration grants of up to a fiscal year maximum of $20,000,000 per grant to eligible telecommunications partnerships for the development, construction, and acquisition of telecommunications facilities and equipment and for technical assistance. Authorizes appropriations for FY 1988 through 1992, subject to fiscal year limitations. Mandates that at least 50 percent of funds under this Act for any fiscal year be used for the cost of facilities, equipment, teacher training or retraining, technical assistance, or programming for certain local educational agencies. Sets forth eligibility criteria to identify eligible telecommunications partnerships, which must be organized on a statewide or multistate regional basis and be either: (1) a public agency or corporation established to provide education-related telecommunications networks to certain educational or health institutions or to industries; or (2) a partnership that will provide a telecommunications network and whose membership includes certain specified educational entities (especially elementary and secondary schools eligible for funds under title I of the Elementary and Secondary Education Act of 1965 or such eligible schools operated by the Department of the Interior for Indian children) or public or private organizations experienced with telecommunications. Authorizes eligible partnerships to submit a grant application: (1) describing the telecommunications facilities, equipment, and technical assistance for which aid is being sought; (2) demonstrating that the services offered will increase the availability of courses of instruction in mathematics, science, and foreign languages; (3) describing teacher training policies to be implemented to ensure the effective use of the relevant facilities; (4) providing assurances that the financial interest of the United States in the telecommunications facilities and equipment will be protected for their useful life; (5) assuring that a significant portion of the facilities, equipment, technical assistance, and programming will be made available within local educational agencies having a high percentage of educationally deprived students; (6) describing how traditionally underserved students will participate in the benefits of such technology; and (7) containing other assurances and information as required by the Secretary. Directs the Secretary, in approving applications, to assure an equitable geographic distribution of grants and to give priority to certain applicants, including those partnerships that: (1) have the capacity to serve the broadest range of targeted institutions; (2) have substantial academic and teaching capabilities; (3) will serve a multistate area; and (4) demonstrate strength in mathematics, science, and foreign language resources which by distribution through the partnership will offer new educational opportunities, especially to traditionally underserved populations and to areas with limited access to such resources; and (5) will meet the needs of individuals traditionally excluded from careers in mathematics and science because of discrimination, inaccessibility, or economically disadvantaged backgrounds. Requires each grantee to report to the Secretary concerning courses and materials to be transmitted by satellite to educational institutions and teacher training centers and to specify the locus and time of such transmissions. Directs the Secretary to: (1) compile and prepare for dissemination a listing and description of the courses and materials submitted by each grantee; and (2) distribute such list to all State educational agencies. Authorizes the Office of Technology Assessment, upon request, to: (1) conduct a thorough evaluation of the use of the telecommunications system supported by the grants awarded under this Act and report to the Congress on such evaluation; and (2) study and evaluate the cost of designing, building, and launching a satellite for educational purposes, including an analysis of potential users' ability to repay such costs. Requires a report to the Congress if such study indicates that potential users would be able to repay such costs within ten years.
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 · 8 May 1987
FmHA Amendments of 1987 - Amends the Consolidated Farm and Rural Development Act to require the Secretary of Agriculture to restructure, rather than foreclose, a delinquent Farmers Home Administration (FmHA) loan if foreclosure costs would exceed restructuring costs. Requires the Secretary, if the estimated liquidation value of the securing property exceeds 70 percent of the loan value, to provide independent support for such estimate. Requires the Secretary to pay losses incurred when a guaranteed lender restructures a loan as provided for by this Act. Requires the Secretary to continue to release living and operating expenses to a borrower until FmHA takes title and possession of the land and determines that such borrower is ineligible for leaseback of the property. Provides that emergency loans made to family farmers shall be refinanced at the same interest rates as FmHA real estate or operating loans made for the same purpose. Revises farmland disposition provisions to establish the following order of priority: (1) sale or lease with purchase option to previous owners of such land; (2) sale or lease with purchase option to previous operators of such land; and (3) sale or lease with purchase option to family-farm sized operators. Revises homestead protection provisions to: (1) include out buildings in homestead property; and (2) extend authority beyond the current December 23, 1988, cut-off date. Requires the Secretary to provide all FmHA borrowers with written descriptions of available loan service programs. Suspends collection activities until the Secretary has issued final loan restructuring regulations. Expresses the sense of the Congress that: (1) the Secretary should ensure through FmHA that farmland held in inventory which is suitable for use by eligible persons be properly classified and offered for sale to eligible buyers; and (2) such land should be classified as suitable unless the Secretary demonstrates that it is unlikely that it could be profitably farmed.
United States · United States Congress · 7 May 1987
Essential Air Service Act of 1987 - Amends the Federal Aviation Act of 1958 to revise the definition of an eligible point to be any nonhub airport which the Secretary of Transportation determines is not: (1) within 35 miles of a hub airport; or (2) within 35 miles of a nonhub airport where the Secretary determines that significant scheduled air service is available. Directs the Secretary to determine what is the minimum essential air service for each eligible point, after considering the views of certain interested parties. Sets forth transition provisions for the continuation of small community air service and transfers administrative responsibilities for such service to the Secretary. Authorizes appropriations out of the Airport and Airway Trust Fund for FY 1989 through 1999. Extends the small community air service program from 1988 to 1999.
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
Spent Fuel Contingency Act of 1987 - Requires the Secretary of Energy to enter into agreements to implement a written contingency plan accepting title to, and responsibility for, spent nuclear fuel from persons who have contracted with the Government under the Nuclear Waste Policy Act of 1982. Mandates that such plan require the Secretary to finance out of the Nuclear Waste Fund all costs associated with spent rule management at nuclear powerplants or other storage sites. Authorizes the Secretary to make direct payments or issue credits to persons who provide specified assistance to the Secretary in implementing this Act.
United States · United States Congress · 30 April 1987
Amends the Internal Revenue Code to define the preproductive period of an animal, for income tax inventory cost capitalization purposes, as beginning at the birth of the animal or, if later, at the time of its acquisition by the taxpayer.
United States · United States Congress · 30 April 1987
Provides for the appointment of a delegation of Members of Congress to participate in ceremonies to be held in New York City in April 1989 commemorating the 200th anniversaries of: (1) the implementation of the Constitution as the form of government of the United States; (2) the inauguration of George Washington as the first President; and (3) the proposal of the Bill of Rights as the first ten amendments to the Constitution. Invites the President to join the delegation in participating in the ceremonies.
United States · United States Congress · 29 April 1987
Energy Independence Act of 1987 - Amends the Energy Policy and Conservation Act to direct the Secretary of Energy (Secretary), for the purpose of obtaining petroleum products for the Strategic Petroleum Reserve (SPR) and to the extent that amounts are credited to the SPR Petroleum Account (Account), to purchase either U.S. stripper well oil or crude oil exchanged for U.S. stripper well oil. Requires that such purchases be made on a competitive bid basis, subject to a minimum price of $25 per barrel, adjusted annually for inflation. Makes available to the Secretary, for SPR development, in any quarter at the beginning of which there is the equivalent of less than 1,000,000,000 barrels of crude oil in the SPR, funds from the Account in an amount equal to 25 percent of the aggregate amount of revenue collected during the previous quarter from the excise tax imposed by this Act on imported crude oil and petroleum products. Limits the use of such funds for SPR petroleum acquisition to periods when: (1) the SPR contains less than 1,000,000,000 barrels of crude oil; and (2) the world price of crude oil is $25 or less per barrel, adjusted for inflation. Provides for alternative energy security uses of such tax revenue when the world oil price exceeds the reference price of $25 for a specified time. Directs the President, to the maximum extent practicable, to take the steps necessary to: (1) enter into international voluntary agreements in connection with the international energy program (IEP) in the interest of developing parity with respect to oil import fees; and (2) enforce certain existing agreements with other IEP countries. Amends the Internal Revenue Code to impose, until 1993, an excise tax on the first sale within the United States of imported crude oil and petroleum products. Sets a variable rate for such tax, as follows: (1) for crude oil, the greater of 50 cents per barrel or the difference between the world price per barrel of crude oil and $25 (the reference price, to be adjusted annually for inflation); and (2) for petroleum products, in accordance with a specified formula based on the amount of tax per barrel of crude oil, the barrel-of-oil equivalent of the particular product attributable to crude oil, and a three dollar per barrel environmental outlay adjustment. Places liability for the payment of such tax on the first person selling the imported oil or petroleum product within the United States. Requires such person to register with the Secretary of the Treasury before incurring liability. Exempts from the import tax: (1) any sale of crude oil or petroleum product destined for export, upon proof that it has been exported within six months of the first sale within the United States; and (2) the sale or use of any petroleum product during any period when the President determines that it is in the national interest to refrain from such taxation. Applies to the import tax the same procedures and penalties that currently govern the windfall profit tax. Permits the imported oil tax payments as an income tax deduction.
United States · United States Congress · 29 April 1987
Energy Security Tax Act of 1987 - Amends the Internal Revenue Code to impose an excise tax on the first sale within the United States of imports of: (1) crude oil; (2) refined petroleum products; and (3) petrochemical feedstocks or other derivatives. Sets the rate of such tax as the difference between $24 per barrel ($26.50 for petroleum and petrochemical products) and the most recently published average price of a barrel of internationally traded oil, as determined by the Secretary of the Treasury in accordance with a specified formula. Permits an income tax deduction for oil import tax payments. Repeals the windfall profit tax on domestic crude oil.
United States · United States Congress · 28 April 1987
Nuclear Waste Policy Amendments of 1987 - Prohibits the expenditure of funds for any nuclear waste site characterization activities before the Federal Radioactive Waste Agency (established by this Act) has nominated sites for selection as repositories. Establishes the Federal Radioactive Waste Agency as an independent instrumentality within the executive branch. Establishes a Director of such Agency. Requires an annual report to the Congress regarding Agency activities and expenditures. Outlines the staffing and functions of the Agency. Directs the Comptroller General to make annual audits of the Agency. Repeals specified repository siting guidelines issued by the Department of Energy. Requires the Director to: (1) issue revised guidelines for the recommendation of repository sites; (2) nominate at least five sites considered suitable for characterization within 18 months after such revised guidelines are issued; (3) recommend to the President at least three sites as candidate sites; and (4) issue an environmental assessment for each such site. Provides that if the President approves certain candidate sites in an order other than the order in which such sites were ranked, then no site characterization activity will be implemented until 18 months after the President's approval. Sets forth procedural guidelines under which the President is required to submit site recommendations to the Congress. Amends the Nuclear Waste Policy Act of 1982 to prescribe guidelines under which the Nuclear Regulatory Commission shall allocate disposal capacity in the first repository among producers of high-level radioactive waste and spent nuclear fuel. Requires the Director to: (1) make grants to States adjacent to States in which a repository candidate site is approved for the purpose of studying the safety and environmental impact of such repositories; (2) appoint a panel to study the need for disposal capacity beyond the 70,000 metric ton limitation, and to submit its findings and recommendations to the Director within 12 months after the date of enactment of this Act; (3) submit the panel findings to the Congress, along with recommendations for implementation; and (4) revise the mission plan in order to implement the amendments made by this Act.
United States · United States Congress · 28 April 1987
Directs the Secretary of the Treasury to pay to two named individuals specified sums in full satisfaction of all claims arising out of the release of flood waters at a reservoir project in Arkansas.
United States · United States Congress · 23 April 1987
Amends the Federal Food, Drug, and Cosmetic Act to require foods to include on their labeling the presence and amount of any palm, palm kernel, or coconut oil along with a statement that such oil(s) is a saturated fat.
United States · United States Congress · 23 April 1987
Designates the week of June 1 through June 7, 1987, as National Polio Awareness Week. Authorizes and requests the President to issue a proclamation saluting the work of the International Polio Network.
United States · United States Congress · 22 April 1987
PRO Due Process and Equity Amendments of 1987 - Amends part B (Peer Review) of title XI of the Social Security Act to give Medicare (title XVIII of the Act) providers 30 days to request a hearing, and such time as is thereafter needed to exhaust administrative and judicial remedies, before the decision of the Secretary of Health and Human Services to exclude the provider from Medicare participation takes effect, provided that such delay does not pose a severe and immediate threat to the health of Medicare beneficiaries. Provides that where the Secretary finds such an immediate threat to exist, the provider shall be immediately excluded from Medicare participation and be given a hearing within 30 days. Directs the Secretary to act upon the recommendations regarding a provider's noncompliance with title XI requirements within five days of their submission if the PRO finds such noncompliance to pose an immediate threat to the health of Medicare beneficiaries, and, in any other case, within 120 days of the submittal of the recommendations. Entitles Medicare providers to a reconsideration by PRO of that organization's denial of payment for services provided, and to further review where such reconsideration is adverse to the provider and certain jurisdictional criteria are satisfied. Requires PROs to notify providers regarding any changes in the services reviewed or the review standards applied by PROs at least 30 days before such changes take effect. Requires the Secretary to emphasize PRO educational activities as much as its sanctioning activities when entering into, reviewing, or terminating PRO contracts. Directs PROs to make at least 50 percent of their review of small rural hospitals on-site reviews and take into account professionally recognized local health care standards as well as national and State standards in conducting such reviews. Prohibits the finalization of a provider payment denial until at least 30 days after the PRO gives the provider reasonable notice of the proposed denial and a reasonable opportunity to discuss such denial. Requires a PRO to include at least one hospital representative on its governing body. Requires the random review of physician care to be conducted so that there is an equal likelihood and intensity of review for each physician sampled.
United States · United States Congress · 9 April 1987
Steel Rehabilitation and Restructuring Act of 1987 - Limits to specified percentages of the expected apparent domestic supply annual imports of certain carbon and alloy steel articles and specialty steel products. Sets forth a formula for determining the aggregate quantity of such products that may enter the United States in any calendar year after 1986. Requires the Secretary of Commerce, when allocating such limitations among foreign countries, to consider: (1) relevant provisions of voluntary export restraint agreements; (2) findings of unfair trade practices with respect to steel mill products; and (3) such other considerations as appropriate. Requires the Secretary, within 60 days after enactment of this Act, and in each October 1 thereafter, to determine the expected apparent domestic supply for such steel products. Requires the Secretary, on each such date, to determine and publish in the Federal Register the allocation for the next succeeding calendar year of permissible imports of such products by country or area. Requires quarterly revisions of such determinations. Declares that it is a goal of this Act to ensure that the entry of such steel products be equalized, taking into account historical seasonal variations. Sets forth circumstances under which the Secretary may provide additional quantitative restrictions on such products. Requires the Secretary, within 90 days after enactment of this Act, to determine whether U.S. steel companies have plans to utilize all of the cash flow from the steel sector for reinvestment in, and the modernization of, the steel sector. Provides that if such determination is negative, the quantitative restrictions on steel imports shall not take effect until the Secretary determines that such companies have plans to reinvest in the steel sector. Requires the Secretary, if there is an affirmative determination with respect to steel company reinvestment, to monitor, for a 12-month period, steel sector investments made by the steel industry. Requires the Secretary, on each anniversary of an affirmative determination, to determine whether steel companies are continuing to utilize substantially all the cash flow from the steel sector for reinvestment. Requires major steel companies to commit for the applicable 12-month period not less than one percent of net cash flow to the retraining of workers, except that such requirement may be waived by the President if unusual economic circumstances exist for such company. Permits the entry of additional tonnage of steel products into the United States in cases where domestic producers are unable to supply domestic demand for such products. Requires the Secretary to monitor the importation of fabricated steel mill products whenever there is reason to believe that such products are being, or are likely to be, imported into the United States in such quantities as to render ineffective the objectives of this Act. Requires the Secretary to advise the President on such matters. Requires the President to request the International Trade Commission (ITC) to initiate an investigation to determine such facts. Authorizes the President, if the ITC makes an affirmative determination, to impose an import surcharge or quantitative limitation on such products in order that entry of such products will not render ineffective the objectives of this Act. Limits the quantity of imported iron ore during any calendar year after enactment of this Act to a specified percentage of the expected apparent domestic supply.
United States · United States Congress · 9 April 1987
Rural Development Reorganization Act of 1987 - Title I: Reorganization of the Department of Agriculture - Renames the Department of Agriculture the Department of Agriculture and Rural Development. Directs the Secretary of Agriculture and Rural Development to establish and maintain a revitalized nationwide rural development program as set forth in the Rural Development Act of 1972, the Rural Development Policy Act of 1980, and this Act. Establishes in such Department a Rural Development Administration headed by an Administrator appointed by the Secretary, with the advice and consent of the Senate. Directs the Secretary to transfer to the Rural Development Administration those agencies, offices, or entities in the Department performing rural development functions. Amends the Agriculture and Food Act of 1981 to expand the number of designated assistance areas from 225 to 450. Establishes within the Rural Development Administration an Office of Advocacy for Rural Development, whose Chief Counsel shall be appointed by the President, with the advice and consent of the Senate. Specifies the functions and duties of such Office. Directs the Comptroller General to investigate and report to the President and the Congress about services, functions, and missions of other Federal departments and agencies which could be transferred to the Secretary of Agriculture and Rural Development. Directs the Secretary to report, by geographical areas of the United States, to the Congress: (1) within six months after enactment of this Act on the extent to which rural development offices and activities of the Federal Government were located or relocated to rural areas during FY 1981 through 1986; and (2) within six months after the end of each fiscal year beginning with FY 1987 on the extent to which Federal offices and activities were located or relocated to rural areas. Title II: State Cooperative Agreements and Plans - Authorizes the Administrator, Rural Development Administration, to enter into cooperative agreements with States: (1) to delegate to any State the authority to cooperate in carrying out the provisions of this Act; and (2) to assist States in the development and administration of Federal programs that provide educational opportunities, job training, health services, and other specified benefits to rural residents. Conditions any agreement or financial assistance under this Act upon a State's submission for approval of a comprehensive plan for a State rural development program. Permits the Secretary and other Federal agency heads to enter into agreements with State and local governments to provide educational training, job training, health services, and other benefits to rural residents. Directs the Administrator in cooperation with the Secretary to use the Cooperative State Extension Service to inform rural residents about such programs. Establishes in the National Agricultural Library the National Rural Assistance Information Clearinghouse, which shall distribute information and data about Federal, State, and local programs. Title III: Rural Technology Grants - Amends the Consolidated Farm and Rural Development Act to direct the Secretary to make grants to nonprofit institutions to establish rural technology development centers to seek to improve rural economic conditions. Permits the Secretary to provide employment-related technical assistance to economically distressed rural areas. Title IV: Special Grants - Amends the Rural Development Act to direct the Secretary to make grants to programs assisting displaced farmers. Specifies the kinds of services to be provided. Authorizes appropriations. Title V: Miscellaneous Amendments - Makes conforming amendments to the Community Economic Development Act of 1981 and other Federal law. Title VI: Administrative Provisions - Sets forth administrative provisions. Title VII: Block Grants - Subtitle A: Rural Development Assistance Grant - Amends the Consolidated Farm and Rural Development Act to direct the Rural Development Administration to make grants to States: (1) to provide rural economic development technical assistance, rural community leadership development, and community and areawide rural economic development planning; or (2) for measures designed to facilitate development of private business enterprises. Authorizes appropriations. Subtitle B: Rural Infrastructure Block Grant Act - Directs the Secretary, for each fiscal year, to allocate to each State funds for rural infrastructure development according to a congressionally approved formula. Lists factors to be considered in devising such formula. Requires submission of a proposed formula to the agriculture committees of both Houses of Congress. Makes such proposed formula effective after 90 calendar days unless a joint resolution is enacted either disapproving the formula or substituting another formula. Authorizes appropriations. Title VIII: Special Assistant to the President for Rural Policy - Directs the President, within 90 days after enactment of this Act, to appoint a Special Assistant to the President for Rural Policy who shall: (1) systematically review Federal programs affecting rural areas; and (2) assist in the preparation of a comprehensive rural development strategy designed to maximize the effectiveness and increase the responsiveness of Federal programs to rural areas. Requires the Secretary, within one year after enactment of this Act, to transmit the rural development strategy to the congressional agriculture committees and to report annually to such committees on any changes to such strategy. Requires the Special Assistant to use the Office of the President to maximize coordination of Federal programs affecting rural areas. Title IX: Effective Date - Sets forth the effective date of this Act.
United States · United States Congress · 9 April 1987
Amends the Rural Electrification Act of 1936 to permit Rural Electrification Administration borrowers to prepay Federal Financing Bank loans without penalties if: (1) private capital is used to replace such loans; and (2) any savings will be used to avoid future rate increases, passed on to customers, or used to improve the borrower's financial strength.
United States · United States Congress · 9 April 1987
Authorizes the Philippine Scouts and United States Veterans' Association of America to establish a memorial on Federal land in the District of Columbia or its immediate area to honor the Philippine Scouts and to honor Filipino veterans who served in the U.S. Army during World War II. Prohibits the United States from paying any expenses of the establishment of such memorial.
United States · United States Congress · 6 April 1987
Makes permanent the income tax credit for qualified research expenditures by repealing the provisions of the Internal Revenue Code that would terminate such credit for expenses incurred or paid after 1988.
United States · United States Congress · 6 April 1987
Amends the Powerplant and Industrial Fuel Use Act of 1978 to repeal prohibitions against the use of natural gas or petroleum as a primary energy source in new and existing electric powerplants and major fuel-burning installations. Applies the provisions of this Act only to the contiguous 48 States and the District of Columbia. Prohibits the construction or operation of any new electric powerplant as a base load powerplant without the capability to use coal or another alternate fuel as a primary source. States that an electric powerplant has the capability to use coal or another alternate fuel if: (1) it has sufficient inherent design characteristics to permit the addition of equipment necessary to render it capable of using coal or another alternate fuel as its primary energy source; and (2) it is not technologically or structurally precluded from using coal or another alternate fuel as its primary energy source. Makes the coal utilization requirements inapplicable to peakload powerplants or to intermediate load powerplants. Requires the owner or operator of any new baseload electric powerplant proposing to use natural gas or petroleum as its primary energy source to certify to the Secretary of Energy prior to construction or operation that such powerplant has the requisite coal-using capability. States that any permanent exemption from the proscription against the construction of new electric powerplants without coal or alternate fuel capability shall not take effect until all approvals required by State regulatory authorities relating to construction have been obtained.
United States · United States Congress · 2 April 1987
Social Security Transitional Benefit Computation Act of 1987 - Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to alter the formula for computing the primary insurance amount of individuals who attain age 65 in or after 1982 and would otherwise be subject to the benefit computation rules of the Social Security Amendments of 1977. Extends the application of such transitional benefit computation rules to those who become eligible for benefits before 1989. (Currently those who become eligible after 1983 are subject to the benefit computation rules of the Social Security Amendments of 1977.)