United States · United States Congress · 20 March 1979
Authorizes the Joint Committee on the Library to procure a bust or statue of Martin Luther King, Junior, to be placed in a suitable location in the Capitol. Authorizes appropriations not to exceed $25,000 for such purpose
United States · United States Congress · 15 March 1979
National Infant Screening Act of 1979 - Amends title XI of the Public Health Service Act (Genetic Diseases, Hemophilia Programs, and Sudden Infant Death Syndrome) to authorize the Secretary of Health, Education, and Welfare to provide financial assistance to public and nonprofit entities to acquire the automated equipment, supplies, and personnel required to conduct multiple screening of blood specimens routinely collected from newborn infants for metabolic disorders.
United States · United States Congress · 8 March 1979
Meat Import Act of 1979 - Limits the maximum aggregate quantity of specified meat articles which may be entered or withdrawn from warehouses, for consumption in the customs territory of the United States in any calendar year after 1979 to 1,204,600,000 pounds, adjustable according to a specified formula. Excludes from the domestic commercial production factor in such formula the carcass weight of live cattle specified in certain Tariff Schedules. Requires a further adjustment of such annual aggregate quantity by multiplying it by a ratio of: (1) the average annual per capita production of domestic cow beef during a calendar year (as estimated) and the four preceding calendar years; to (2) the average annual per capita production of domestic cow beef in the calendar year. Directs the Secretary of Agriculture, for each calendar year after 1979, to estimate and publish the aggregate quantity of meat articles prescribed for such year as well as the quantity that would be entered into the United States but for the limitations. Directs the President to limit by proclamation the total quantity of meat articles entered into the United States, whenever such quantity equals or exceeds 110 percent of the Secretary's estimate but prohibits limitation below 1,200,000,000 pounds. Requires the termination of any limitation as of the first day of a calendar quarter, under most circumstances, if before such quarter the aggregate quantity is less than 110 percent of the Secretary's estimate. Permits the President to increase or decrease meat imports in certain circumstances. Allows the President to suspend any proclamation concerning meat import limitations if: (1) a period of national emergency is declared; or (2) supplies are inadequate because of a natural disaster to meet demand at reasonable prices. Prohibits such suspension or increase from extending beyond the termination of the national emergency. Requires the Secretary to allocate the entry quota of meat articles proclaimed by the President among supplying countries on the basis of their representative shares of the United States market for meat articles during the respective period, taking into account any special factors. Directs the Secretary to study the regional economic impact of imports of meat articles and report any recommendations to the appropriate committees of Congress by June 30, 1980.
United States · United States Congress · 6 March 1979
Authorizes the Secretary of Transporation to make grants for projects to separate rail highway crossings where there is a substantial increase in use of those rail facilities in transporting coal to help meet national energy requirements and where such continued use will result in substantial delays in highway travel. Stipulates that the Federal share of such a project shall be 80 percent of its cost. Authorizes appropriations out of the Highway Trust Fund to fund such projects through fiscal year 1983.
United States · United States Congress · 26 February 1979
Sugar Stabilization Act of 1979 - Title I: International Sugar Agreement - Authorizes the President to implement the International Sugar Agreement by (1) regulating the entry of sugar from any country not a member of the International Sugar Organization and (2) requiring records and reports concerning the entry of sugar. Establishes criminal penalties for violating such regulations. Requires the President to submit to Congress an annual report on the Agreement beginning in 1980. Title II: Domestic Sugar Program Provisions - Establishes 17 cents per pound, raw value, as the price objective for domestic sugar during the 1978 sugar supply year. Sets forth the formula for determining the price objective for succeeding years. Requires the Secretary of Agriculture to monitor the average daily price of sugar imports. Directs the Secretary to recommend that the President impose special import duties and quotas on sugar and sugar-containing products to assure that the average daily price of sugar imports will meet the proclaimed price objective for sugar. Requires the Secretary to review the imposed duties and quotas and recommend any adjustments to the President. Authorizes the President to impose special import duties of quotas after receiving any recommendation of the Secretary within certain time limitations. Prohibits the importation of direct-consumption sugar unless a national emergency is proclaimed because of an imminent shortage of such sugar due to lack of refining capacity. Prohibits the importation of more than 100 pounds of sugar annually into the Virgin Islands. Prohibits the exportation of certain sugar. Establishes penalties for violations of such regulations. Exempts certain sugar or sugar-containing products from this title. Specifies that certain sugar entered for subsequent export shall not be charged against any proclaimed quota. Authorizes the President to suspend the operation of this title in a national emergency. Amends the Tariff Schedules of the United States to permit the President to proclaim special import duties and quotas on sugars, syrups, and molasses in order to carry out this Act. Title III: Miscellaneous Provisions - Vests jurisdiction for enforcing this Act in U.S. district courts. Requires all persons engaged in manufacturing, marketing, transporting, or industrial use of sugar and other sweeteners to furnish the Secretary with necessary information. Prohibits officials engaged in the administration of this Act from investing or speculating in sugar. Establishes penalties for violating these regulations. Authorizes the Secretary to conduct surveys and investigations to carry out this Act. Directs the Secretary to conduct studies on the costs of producing various sugar and sweetener products. Authorizes the Secretary to investigate and make recommendations, at the request of affected persons, concerning contracts (1) between producers and processors of sugar beets and sugarcane and (2) between laborers and producers. Extends the current price support programs for sugar beets and sugarcane through the 1981 crops. Authorizes the Secretary to waive part of the interest and/or principal to encourage repayment of Commodity Credit Corporation loans with respect to the 1977 and 1978 crops of sugar beets and sugarcane. Terminates this Act, except for Title I and the provisions authorizing the President to impose duties and quotas, on September 30, 1982.
United States · United States Congress · 22 February 1979
Product and Professional Design Liability Insurance Tax Equity Act of 1979 - Amends the Internal Revenue Code to exempt from the income tax, trusts established for the payment of product liability claims, professional design liability claims, and related expenses. Allows a tax deduction for contributions to such trusts only to the extent they do not exceed the reasonable costs of product and professional liability insurance for the deducting taxpayer.
United States · United States Congress · 21 February 1979
National Ski Patrol System Recognition Act of 1979 - Grants a Federal charter to the National Ski Patrol System. Declares that the purpose of such corporation shall be to promote public safety in skiing.
United States · United States Congress · 21 February 1979
Extends through fiscal year 1984 the entitlement periods for the authorization of appropriations under the State and Local Fiscal Assistance Act of 1972.
United States · United States Congress · 15 February 1979
Congressional Award Program Act - Establishes the Congressional Award Program in the United States and its territories to recognize and promote youth leadership and excellence in the areas of expedition fitness, personal creative development, and public service. Creates a Congressional Award Board with a Director to supervise such program. Authorizes the appointment of State award directors under this Act. Exempts the Board, its property, and its income from present and future Federal, State, and local taxation, with specified exceptions. Creates three Congressional Award Medals to be awarded under this Act.
United States · United States Congress · 15 February 1979
Robert A. Taft Institute of Government Trust Fund Act - Establishes in the United States Treasury the Robert A. Taft Institute Trust Fund. Authorizes the Commissioner of Education to make grants from such fund to develop the Robert A. Taft Institute of Government, New York, New York. Authorizes the Secretary of the Treasury to invest portions of the Fund not required to meet current withdrawals. Appropriates $15,000,000 to the Fund.
United States · United States Congress · 15 February 1979
Directs any organization or agency within the Department of Defense to make any excess property available to the Federal Emergency Management Agency (FEMA) before making such property available to any other organization outside the Department. Amends the Federal Civil Defense Act of 1950 to authorize the Director of the FEMA to loan any property obtained from any Federal agency to State and local governments for civil defense purposes.
United States · United States Congress · 8 February 1979
Shale Oil Production Tax Incentive Act of 1979 - Amends the Internal Revenue Code to allow a nonrefundable income tax credit equal to $3 for each barrel of shale oil produced by the taxpayer during the taxable year, plus the production credit carryovers and carrybacks for that year. Reduces the standard $3 per barrel credit proportionately by: (1) the amount of Federal grant funds, if any, used by the taxpayer in the production of shale oil; and (2) the amount by which the adjusted reference price (average daily market price per barrel during the preceding calendar year for certain Arabian light crude oil) exceeds $20.50. Authorizes the President to adjust the amount of the credit (but not higher than $3) when such action is in the national interest. Requires, as a condition of eligibility for the credit, that the shale oil be produced within the United States or its possessions. Sets forth rules for the Secretary of Energy in computing the adjusted reference price. Requires the Secretary to publish the adjusted reference price, and an explanation of the method and data used in computing it, if such price exceeds $20 per barrel.
United States · United States Congress · 8 February 1979
Grain Products Utilization Act - Title I: Department of Agriculture-Research and Studies on the Economic and Agricultural Effects of Using Agricultural Products in the Development and Use of Fuels - Directs the Secretary of Agriculture to conduct research and studies concerning the economic and agricultural effects of using agricultural products in the development of fuels. Requires the Secretary to submit an annual report to the President and the Congress regarding such research and studies. Title II: Department of Energy-Research and Studies on the Use of Agricultural Products in the Development and Use of Fuel - Directs the Secretary of Energy to conduct research and studies concerning the use of agricultural products in the development of fuels. Requires the Secretary to submit an annual report to the President and the Congress regarding such research and studies. Title III: Tax Provisions - Amends the Internal Revenue Code of 1954 to provide a deduction with respect to the amortization of any qualified ethanol-producing facility. Defines qualified ethanol-producing facility for purposes of such deduction. Provides an annual tax credit of one penny for each gallon of qualified gasoline sold by an eligible taxpayer during the taxable year. Defines taxpayer and qualified gasoline for purposes of such tax credit. Title IV: Guaranteed Loans for Ethanol-Producing Facilities - Directs the Secretary of Agriculture to establish a program of federally guaranteed loans for the construction of ethanol-producing facilities. Directs that farmers and farm groups be given priority for such guaranteed loans. Prohibits the Secretary from guarantying more than 75 percent of any such loan. Limits the amount of indebtedness guaranteed under any such loan to not more than $5,000,000. Limits the amount of indebtedness guaranteed under this section to not more than $750,000,000 at any one time.
United States · United States Congress · 8 February 1979
Taxpayer Relief Amendments to Panama Treaty Legislation - Specifies that all expenses incurred implementing the Panama Canal Treaty of 1977 shall be treated as an expense of the Panama Canal Commission. Prohibits payments to Panama out of U.S. Treasury revenues. Requires the Panama Canal Company to pay its cash assets to the U.S. Treasury to be applied against its debt. Directs the Commission to continue repaying its debt to the United States. Amends the Panama Canal Code to require the Commission to pay: (1) all canal operating revenues to the U.S. Treasury; and (2) the payments required under the Treaty to Panama only with express congressional authorization. Directs the General Accounting Office to monitor all costs incurred by the Commission and report annually to Congress on the differences in costs to the U.S. taxpayer. Prohibits unless expressly authorized by Congress: (1) the use of U.S. funds to implement the Treaty; (2) the transfer of U.S. property in the Canal Zone to Panama; and (3) the cessation of the Panama Canal Company and the Canal Zone Government.
United States · United States Congress · 1 February 1979
Amends the Internal Revenue Code to permit taxpayers who do not itemize income tax deductions to claim a deduction from gross income for charitable contributions.
United States · United States Congress · 1 February 1979
Administrative Rulemaking Reform Act - Requires a Federal agency preparing to hold a rulemaking session to make a reasonable effort to inform those likely to be affected by the proposed rulemaking. 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 rulemaking include the projected effective date of the rules, the purpose of the rulemaking, the text of the proposed rules, and the technical or other studies on which the agency intends to rely in the rulemaking proceedings. Applies the requirements of this Act to all rulemaking 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 on all rulemaking 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 rulemaking. 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 rulemaking under this Act and report the effect of such review on such rulemaking before July 1, 1984. Authorizes to be appropriated $200,000 to finance such study. Makes this Act effective 90 days after enactment. Terminates the Congressional review required by this Act at the adjournment of the Ninety-eight Congress.
United States · United States Congress · 29 January 1979
Small Business Tax Relief Act of 1979 - Amends the Internal Revenue Code to limit recognition on the gain from the sale or exchange of an unincorporated trade or business prior to the time that the taxpayer attains age 55 by providing that such gain shall be recognized only to the extent that it exceeds the cost of reinvesting in replacement property for another small business venture. Provides for the taxation of such gain, after age 55, as ordinary income according to the ten year averaging rules applicable to lump sum distributions from employee benefit plans. Increases the additional first year depreciation allowance for small businesses. Permits a taxpayer election to amortize over a 36 month period expenses for depreciable property which is acquired to put a small business in compliance with Federal regulations and which does not have any economic usefulness for the business. Exempts domestic international sales corporations (DISC) which have adjusted taxable income of $1,000,000 or less from the limitations on deferral of base period export gross receipts which are applicable to larger corporations. Permits businesses with gross receipts of less than $1,000,000 to elect the cash method of accounting in reporting income. Allows a refund to employers of their proportionate share of excess social security payments made on behalf of employees who were employed by two or more employers during the taxable year. Permits an income tax credit of $5 for each form or document which a small business is required to file pursuant to Federal law.
United States · United States Congress · 29 January 1979
Tax Rate Reduction and Indexing Act of 1979 - Title I: Individual Tax Rates - Amends the Internal Revenue Code to reduce the income tax rates for individuals for the taxable years 1980 through 1982. Title II: Inflation Adjustment - Requires the Secretary of the Treasury, not later than December 15 of each calendar year beginning in 1982, to prescribe individual income tax rate tables: (1) by increasing the maximum dollar amount on which no tax is imposed under each table, and the minimum and maximum dollar amounts for each rate bracket for which a tax is imposed, by the cost-of-living adjustment for such year; (2) by not changing the rate applicable to any rate bracket as adjusted; and (3) by adjusting the amounts setting forth the tax to the extent necessary to reflect the adjustments in the rate brackets. Declares the cost-of-living adjustment for any calendar year as the percentage by which the Department of Labor's Consumer Price Index for all-urban consumers for the preceding calendar year exceeds the Consumer Price Index for calendar year 1981. Requires cost-of-living adjustments in zero bracket amounts, personal tax exemptions, and withholding taxes. Sets the minimum gross income for which an income tax return is required from certain individuals at an amount less than the sum of the exemption amount plus the applicable zero bracket amount.
United States · United States Congress · 29 January 1979
Amends the Federal Mine Safety and Health Amendments Act of 1977 to provide that provisions of such Act shall not apply to stone mining or sand and gravel mining operations.
United States · United States Congress · 25 January 1979
Amends the Saccharin Study and Labeling Act to extend to January 3, 1981 (or to the enactment, if earlier, of any law changing the conditions under which a food additive shall not be deemed safe) of the period during which the Secretary of Health, Education, and Welfare is prohibited from taking specified actions restricting the continued use of saccharin as a food, drug, or cosmetic. Declares void of all legal force or effect any such prohibited action which the Secretary may have taken after the expiration of the initial 18-month prohibition period.
United States · United States Congress · 18 January 1979
Tax Reform Act for Nonprofit Organizations - Amends the Internal Revenue Code to allow taxpayers who do not itemize income tax deductions a deduction from gross income for charitable contributions. Expands the income tax deduction for appearances with respect to legislation to include expenses for communications between an organization and the officers, directors, or employees of a taxpayer. Exempts certain business and professional organizations from restrictions on income tax deductions for expenses relating to the supply of goods and services to members. Permits members of tax-exempt organizations to participate in educational activities sponsored by the organization or purchase goods and services related to the organization's exempt activities at prices more favorable than are available to nonmembers without jeopardizing the tax-exempt status of the organization. Extends to nonprofit business leagues, chambers of commerce, real estate boards, and professional football leagues eligibility for participation in tax-exempt annuity plans. Exempts certain incorporated fraternal organizations and lodges from the special tax rules applicable to private foundations. Limits the amount of advertising income of a tax-exempt organization which is subject to the tax on unrelated business income to the lesser of the amount of net income derived from advertising or the net amount derived from subscriptions to the organization's periodical and the advertising contained therein. Excludes from unrelated business activity income certain amounts derived from insurance activity conducted by a tax-exempt organization on behalf of its members. Permits tax-exempt organizations to conduct conventions and trade show activities designed to educate individuals regarding new developments or products and services relating to the exempt activities of an organization without subjecting such exempt organization to the unrelated business tax. Exempts from the definition of expenditure, for purposes of the tax on political organizations, expenses incurred by an organization in communicating with its members on any subject. Extends the availability of the declaratory judgment to all tax-exempt organizations. Requires the Secretary of the Treasury to make a determination, upon request, of the tax-exempt status of any organization within 90 days of such request.
United States · United States Congress · 18 January 1979
Expresses the sense of Congress that the new Department of Labor health and safety training regulations for miners places an undue burden on small store, sand, and gravel surface mining operations and should not apply to operations with 35 or fewer employees.
United States · United States Congress · 15 January 1979
Soft Drink Interbrand Competition Act - Declares that exclusive territorial arrangements made as a part of a licensing agreement for the manufacture, distribution, or sale of a trademarked soft drink product are lawful under the antitrust laws provided such product is in substantial and effective competition with other products of the same general class.
United States · United States Congress · 15 January 1979
Amends the Internal Revenue Code to require an annual cost-of-living adjustment, based on the Consumer Price Index, to the individual income tax rates and the personal exemption.
United States · United States Congress · 15 January 1979
Title I: Authorizations and Miscellaneous Amendments - Amends the Small Business Act to authorize appropriations for specified programs and expenses of the Small Business Administration. States that all appropriations, whether specifically or generally authorized, shall remain available until expended. Authorizes the Administration to make disaster loans available to small business concerns affected by a shortage of energy-producing resources caused by a strike, boycott, or embargo unless such strike, boycott or embargo is directly against such small business concern. Makes specified low-interest disaster loans available until October 1, 1982. Amends the Small Business Investment Act of 1958 to repeal the authority of the Administration to invest sums from the revolving fund for surety bond guarantees in Treasury bonds, obligations, and other guaranteed debt securities. Authorizes such investments from the revolving fund for qualified contract guarantees. Transfers specified provisions of the Act which established an Office of Advocacy within the Small Business Administration to the Small Business Act. Title II: Small Business Development Centers - Authorizes the Small Business Administration to make grants to States, State agencies, regional entities, State-chartered development credit corporations, and institutions of higher learning to assist in establishing Small Business Development Centers. Requires such grants to be matched in equal amounts by funds from non-Federal sources. Establishes additional restrictions on such grants for fiscal years 1979 through 1982. States that Small Business Development Centers shall have a full-time staff, business and technology analysts, information and professional specialists, and access to laboratory and engineering facilities. Requires such Centers to provide small businesses with business and technology counseling, information on government regulations, library services, and comprehensive studies and surveys. Directs federally funded laboratories and innovation centers to cooperate with the Small Business Development Centers. Requires the Administrator of the Small Business Administration to appoint a Deputy Associate Administrator for Management and Technical Assistance to administer the Small Business Development Center program. Establishes a National Small Business Development Center Advisory Board consisting of nine civilian members. Sets forth provisions governing the appointment of members, a Chairman, meetings, and compensation of the Board. Directs the Small Business Administration to conduct an evaluation of the Development Center program and to submit a report to the appropriate committees of Congress within three years. Title III: White House Conference on Small Business - White House Conference on Small Business Act - Directs the President to convene a White House Conference on Small Business by June 30, 1980, to identify the problems of small business concerns and to make recommendations for executive and legislative action. Requires the Conference to submit a report to the President and the Congress within one year of the date it convenes. Requires the Small Business Administration to report to the Congress within three years on the status and implementation of the findings and recommendations of the Conference. Authorizes appropriations for the expenses of the Conference.
United States · United States Congress · 15 January 1979
Taxpayers' Bill of Rights Act - Requires the Secretary of the Treasury to prepare, for distribution to taxpayers, brief but comprehensive pamphlets which set forth in nontechnical terms: (1) the rights and obligations of taxpayers during an audit; (2) the procedures which the Internal Revenue Service may use in enforcing revenue laws; and (3) the procedures by which a taxpayer may appeal adverse decisions, prosecute refund claims, and file taxpayer complaints. Requires a copy of such pamphlet to accompany the first communication from the Service to any taxpayer regarding tax liability. Establishes within the Internal Revenue Service an Office of Taxpayer Services, directed by an Assistant Commissioner of Internal Revenue, whose primary responsibilities shall include: (1) assisting taxpayers with information about tax returns, audits corrections, appeals procedures, and payment or document location; and (2) receiving and evaluating complaints of improper, abusive, or inefficient service by Internal Revenue Service personnel. Authorizes the Assistant Commissioner for Taxpayer Services to issue a Taxpayer Assistance Order prohibiting the Secretary, for up to 60 days after such issuance, from taking any assessment, collection, or other action adverse to a taxpayer if the Assistant Commissioner determines that such taxpayer is suffering from an unusual, unnecessary, or irreparable loss as a result of such action. Prescribes criminal penalties for: (1) any investigation by employees of the United States in connection with Federal tax laws which inquires into the beliefs, associations, or activities of any individual which are not directly related to such tax laws; or (2) the maintenance of any records containing information derived from such an investigation. Creates a civil cause of action for any taxpayer aggrieved by a prohibited investigation, or by the deprivation of any civil rights. Permits the award of a judgment of costs, including reasonable attorney's fees, to a prevailing taxpayer in any proceeding before the Tax Court. Requires the Internal Revenue Service, upon a taxpayer's request, to conduct any interview regarding a deficiency assessment in the taxpayer's residence or place of business, at a reasonable time convenient to the taxpayer. Requires the officer or employee conducting such interview to warn the taxpayer that: (1) he has a right to remain silent; (2) any statement he makes may be used against him; and (3) he has the right to the presence of an attorney. Exempts certain income producing property from levy for nonpayment of taxes. Directs the Comptroller General of the United States to establish, and to report annually to Congress on, a program to provide for a continuing audit and investigation of the efficiency, uniformity, and equity of the administration of the internal revenue laws of the United States.
United States · United States Congress · 15 January 1979
Amends the Internal Revenue Code to repeal the carryover basis provisions enacted by the Tax Reform Act of 1976 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.
United States · United States Congress · 15 January 1979
Elementary and Secondary Education Tuition Tax Credit Act of 1979 - Amends the Internal Revenue Code to allow individual taxpayers an income tax credit for 25 percent of the tuition paid for the elementary or secondary education of the taxpayer or any of his dependents. Allows a maximum $100 credit in 1979 and a maximum $200 credit in 1980, after which the credit expires. Treats tuition payments as paid for calendar years 1979 and 1980 if such payments are made during the particular calendar year or within one month of the beginning or close of such calendar year for education furnished during that year. Defines full-time and qualified half-time student. Excludes from the definition of "expenses of elementary and secondary education" any amounts paid for books, supplies, meals, lodging, transportation, and education below the first-grade level, or for attendance at a kindergarten or nursery. Forbids any construction of this Act as granting the Government additional authority to examine the books or activities of any church school except to the extent necessary to determine whether such school is an eligible educational institution. Requires the disregard of any amount received by the taxpayer as a tuition tax credit for purposes of determining the eligibility of the taxpayer for Federal or State educational assistance.
United States · United States Congress · 15 January 1979
Higher Education Tuition Tax Credit Act of 1979 - Amends the Internal Revenue Code to allow individual taxpayers an income tax credit for 25 percent of the tuition paid for the college or post-secondary vocational education of the taxpayer, his spouse, or any of his dependents. Allows a maximum credit of $250 in 1979 and $500 in 1980, after which the credit expires. Treats tuition payments as paid for calendar years 1979 and 1980 if such payments are made during the particular calendar year or within one month of the beginning or close of such calendar year for education furnished during that year. Excludes graduate students from eligibility for the credit. Requires full-time or qualified half-time attendance at an eligible educational institution (college or post-secondary vocational school). Excludes from the definition of "tuition" any amounts paid for books, supplies, and equipment for courses of instruction, or meals, lodging, transportation, and other living expenses. Forbids any construction of this Act as granting the Government additional authority to examine the books or activities of any church school except to the extent necessary to determine whether such school is an eligible educational institution. Requires the disregard of any amount received by the taxpayer as a tuition tax credit for purposes of determining the eligibility of the taxpayer for Federal or State educational assistance.
United States · United States Congress · 15 January 1979
Constitutional Amendment - Provides that total appropriations shall not exceed estimated revenues. Authorizes the suspension of such prohibition in time of war or national emergency. Prohibits any increase in the national debt as it exists on the date this article is ratified. Sets forth a schedule for repayment of the national debt.