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Official portrait of Rep. Clinger, William F., Jr. [R-PA-5]

Rep. Clinger, William F., Jr. [R-PA-5]

United States · Official source

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2,821 records where Rep. Clinger, William F., Jr. [R-PA-5] is listed as a sponsor, author, or other actor. Search with topics and years

Bill· HRH.R. 1053 (97th)open

Capital Cost Recovery Act of 1981

United States · United States Congress · 22 January 1981

Capital Cost Recovery Act of 1981 - Amends the Internal Revenue Code to revise the method for determining useful lives of business assets for purposes of computing allowable depreciation deductions. Replaces the asset depreciation range (ADR) method with a schedule of capital cost recovery periods for three classes of business property. Establishes capital cost recovery periods for the following classes of business property: (1) buildings and their structural components, ten years; (2) tangible property, five years; and (3) automobiles, taxis, and light-duty trucks (up to $100,000), three years. Permits calculation of the investment tax credit for such property without regard to the useful life of the property. Requires the recapture of depreciation amounts and investment tax credit amounts applicable to assets which are sold or otherwise disposed of prior to the expiration of the capital cost recovery period. Permits a taxpayer to deduct less than the full allowance for capital cost recovery in any taxable year. Permits a carryover to succeeding taxable years of any unused depreciation amounts. Disqualifies capital cost recovery property from the allowance for first year depreciation. Treats amounts claimed as the capital cost recovery of noncorporate lessors as an item of tax preference for purposes of the minimum tax. Adopts as an accounting practice the "half year convention" under which investments eligible for capital cost recovery treatment or the investment tax credit which are made at any time during the taxable year are deemed to be made in the middle of such year.

Resolution· HCONRESH.Con.Res. 28 (97th)referred

A concurrent resolution establishing a Joint Select Committee on Defense Readiness and Mobilization Capability.

United States · United States Congress · 19 January 1981

Establishes a Joint Select Committee on Defense Readiness and Mobilization Capability to investigate and report on defense readiness and mobilization capability, including an analysis of: (1) the kind and extent of threats to the national defense; and (2) the quality and quantity of manpower, material, transportation, budgetary, and programmatic resources needed at present and able to be mobilized in the future. Sets forth the requirements for appointment to the joint select committee.

Bill· HRH.R. 881 (97th)open

Federal Support Payment Act

United States · United States Congress · 16 January 1981

Federal Support Payment Act - Grants State courts original jurisdiction over civil actions brought by a citizen of another State to order a citizen to make child support payments, if the court of such other State is authorized to make such an order. Permits the obligee of a child support order to register such order in the court of another State in which the obligor resides. Requires that the court in which such an order is registered shall entertain contempt proceedings against an obligor who fails to comply with the order within 30 days after receiving notice of registration.

Bill· HRH.R. 808 (97th)open

A bill to amend the Immigration and Nationality Act to provide preferential treatment in the admission of certain children of United States Armed Forces personnel.

United States · United States Congress · 9 January 1981

Amends the Immigration and Nationality Act to allow preference visas to be given to an alien who: (1) requests such treatment; (2) was born after 1950 in Korea, Vietnam, Laos, or Thailand; (3) was fathered by an American serviceman; and (4) provides a guarantee of financial support. Stipulates that such guarantee must: (1) be signed by a citizen or lawful permanent resident who is at least 21 years old; and (2) provide that such signing sponsor will provide necessary financial support for five years. Allows the Attorney General to enforce such guarantee against the sponsor in a civil suit unless such sponsor dies or is adjudicated bankrupt.

Bill· HRH.R. 768 (97th)referred

A bill to amend the Internal Revenue Code of 1954 to provide that the standard mileage rate for use of a passenger automobile which may be used in computing the charitable contribution deduction shall be the same as the standard mileage rate which may be used in computing the business expense deduction.

United States · United States Congress · 6 January 1981

Amends the Internal Revenue Code to provide that the standard mileage rate used in computing the charitable deduction for expenses incurred in the operation of a motor vehicle shall be the same as the standard mileage rate for the business related deduction.

Bill· HRH.R. 713 (97th)referred

A bill to amend the Internal Revenue Code of 1954 to provide for a 50-percent maximum rate of income tax for individuals, to provide for a separate computation of such tax on personal service income and nonpersonal service income, and for other purposes.

United States · United States Congress · 6 January 1981

Amends the Internal Revenue Code to reduce from 70 percent to 50 percent the maximum rate of income tax for individuals. Requires separate computation of personal service income and nonpersonal service (unearned) income, applying each category to the lowest tax rates initially. Prohibits separate computations in the case of any taxpayer with more than $10,000 in tax preference items.

Bill· HRH.R. 316 (97th)open

Limitation on Government Recordkeeping Requirements and Actions Act of 1981

United States · United States Congress · 5 January 1981

Limitation on Government Recordkeeping Requirements and Actions Act of 1981 - Prohibits any Federal agency from: (1) requiring any person to maintain, prepare, or produce records (other than records relating to a dangerous material) of an event more than four years after the event has occurred; and (2) commencing an action against a person for a violation of a regulation more than four years after such violation has occurred, except as otherwise provided by the Internal Revenue Code.

Bill· HRH.R. 58 (97th)open

Sunset Review Act of 1981

United States · United States Congress · 5 January 1981

Sunset Review Act of 1981 - Requires the House Committee on Rules and the Senate Committee on Rules and Administration to jointly develop and maintain an inventory of all Federal programs and tax expenditures. Requires such inventory to classify all such programs and expenditures according to the jurisdiction of the various legislative committees of the two Houses. Requires the General Accounting Office (GAO), before the beginning of the 98th Congress, after consultation with the appropriate legislative committees and the Congressional Budget Office, to submit a draft inventory to the House Committee on Rules and the Senate Committee on Rules and Administration. Requires such Committees to notify each legislative committee of the programs and tax expenditures which are classified within its jurisdiction. Allows any legislative committee to propose revisions of such inventory within 30 days after notification. Requires that such inventory be published in a single document. Requires that an update be made of such inventory at the beginning of every Congress. Specifies information to be contained in such an inventory. Directs the GAO to publish a supplement to such inventory which includes certain budget information. Requires each legislative committee of the House of Representatives and the Senate, by a specified date, to report a resolution setting forth an agenda for the sunset review of selected Federal programs within its jurisdiction, or, in the case of the House Committee on Ways and Means and the Senate Committee on Finance, of selected tax expenditures. Directs the committees of each House to develop their sunset review agenda in consultation with any other committee which has concurrent jurisdiction over any programs or tax expenditures involved. Requires, where practicable, that related programs and expenditures be reviewed during the same Congress. Requires the report accompanying any agenda reported in the 104th Congress and every fifth Congress thereafter to summarize the programs and expenditures reviewed and not reviewed during the five previous Congresses. Prohibits either the House or the Senate from considering a primary expense resolution for any legislative committee in any Congress until that committee has developed and submitted its sunset review agenda. Requires the House Committee on Rules and the Senate Committee on Rules and Administration to incorporate such agendas into a consolidated sunset review agenda and to report such consolidated agenda to its House in the form of a concurrent resolution, within seven legislative days after all committee sunset review agendas have been submitted. Requires the consolidated sunset review agenda to be adopted in the House and in the Senate no later than March 30 in the first session of each Congress. Sets forth the procedures for the consideration and adoption of such agenda. Requires each committee of the House or the Senate, not later than May 15 in the second session of each Congress, to report a bill or bills modifying, continuing, or terminating each program or tax expenditure which it has been directed to review under the consolidated sunset review agenda adopted during the first session. Requires such bill to be accompanied by a report. Requires each department, agency, and instrumentality in the executive branch of the Government which is responsible for the administration of a Federal program or tax expenditure selected for sunset review to provide the appropriate Congressional committees with its views, information, and assistance. Directs the Comptroller General to supply specified information on audits. Exempts foreign intelligence or counterintelligence programs designated by the President as requiring protection from unauthorized disclosure. Directs the Permanent Select Committee on Intelligence of the House and the Select Committee on Intelligence of the Senate to review such programs pursuant to the spirit of this Act. Amends rule X of the Rules of the House of Representatives to include the consolidated sunset review agendas and the Congressional inventory of Federal programs as part of the House Committee on Rules' functions.

Bill· HRH.R. 247 (97th)open

Anti Inflation Tax Act of 1981

United States · United States Congress · 5 January 1981

Anti-Inflation Tax Act of 1981 - Amends the Internal Revenue Code to require annual cost of living adjustments, based on the Consumer Price Index, to individual income tax rates, the personal tax exemption, withholding requirements, and minimum income tax return amounts.

Bill· HRH.R. 177 (97th)open

A bill to amend the Internal Revenue Code of 1954 to reduce the tax effect known as the marriage penalty by permitting the deduction, without regard to whether deductions are itemized, of 10 percent of the earned income of the spouse whose earned income is lower than that of the other spouse.

United States · United States Congress · 5 January 1981

Amends the Internal Revenue Code to allow married individuals filing jointly an income tax deduction from gross income equal to ten percent of the earned income of the lower income spouse (or of one spouse if both incomes are the same). Limits the amount of such deduction to $2,000 for the taxable year. Denies such deduction if one spouse has earned income amounting to less than 20 percent of the combined income of both spouses.

Bill· HRH.R. 100 (97th)open

Nondiscrimination in Insurance Act

United States · United States Congress · 5 January 1981

Nondiscrimination in Insurance Act - Prohibits discrimination on the basis of race, color, religion, sex, or national origin in the consideration of applications for, or the granting of, insurance policies and the terms of such policies. Permits insurers who regularly provide insurance solely to persons of a single religious affiliation to continue to do so. Grants to State or local governments having insurance discrimination laws the primary opportunity to enforce this Act. Permits an aggrieved person to file a civil action in State or Federal court against an insurer, if a State or local authority which has received notice of a complaint fails to act within 60 days or with respect to those authorities not having insurance discrimination laws. Authorizes the Attorney General to bring a civil action in district court when there is reasonable cause to believe that a person or group is engaged in a pattern or practice of resistance to the rights granted by this Act and that such denial raises an issue of general public importance.

Bill· HRH.R. 70 (97th)referred

Age Discrimination in Employment Amendments of 1981

United States · United States Congress · 5 January 1981

Age Discrimination in Employment Amendments of 1981 - Amends the Age Discrimination in Employment Act of 1967 to remove the existing 70-year upper age limit to which the discrimination prohibitions apply, thus extending coverage to all individuals who are at least 40 years of age. States that no exceptions to the prohibitions are permitted based on the nature of employment of an individual or entitlement to retirement benefits. Repeals mandatory retirement provisions for Federal civil service employees, District of Columbia employees, and Foreign Service employees.

Bill· HRH.R. 18 (97th)referred

A bill to establish a Commission on More Effective Government, with the declared objective of improving the quality of government in the United States and of restoring public confidence in government at all levels.

United States · United States Congress · 5 January 1981

Establishes a Commission on More Effective Government to study and recommend ways of promoting economy, efficiency, and improved service within the Executive branch of Government. Directs the Commission to recommend methods to improve the relationship between Federal, State, and local governments. Directs the Commission to submit a final report to the Congress ten days after the Ninety-eighth Congress convenes. Terminates the Commission 90 days after such date. Authorizes appropriations.

Resolution· HCONRESH.Con.Res. 409 (96th)referred

A concurrent resolution expressing the deep concern of the Congress about the deprivation by the Soviet Union of the right of Christians to freedom of religion and, in particular, about the situation of the seven Pentecostals now living in the United States Embassy in Moscow, and their families.

United States · United States Congress · 21 August 1980

Expresses the sense of Congress that the President should convey congressional concern about the deprivation of the rights of Christians by the Soviet Union, particularly the Pentecostals living in the U.S. Embassy in Moscow. Directs the President to report to Congress on the prospects for religious freedom in the Soviet Union.

Resolution· HCONRESH.Con.Res. 405 (96th)referred

A concurrent resolution expressing the sense of the Congress with respect to the prompt deportation or removal from the United States of aliens who have engaged in unlawful or disorderly activities in the United States.

United States · United States Congress · 20 August 1980

Expresses the sense of the Congress that aliens who engage in unlawful or disorderly activities in the United States should be promptly deported in accordance with provisions of the Immigration and Nationality Act.

Resolution· HCONRESH.Con.Res. 406 (96th)referred

A concurrent resolution expressing the sense of the Congress that the people of the Polish People's Republic should be permitted by other nations to settle their internal affairs by themselves without external intervention.

United States · United States Congress · 20 August 1980

Declares that the people of Poland should be allowed to settle their own affairs, including the formation of independent trade unions and the right to strike, without foreign interference.

Resolution· HRESH.Res. 745 (96th)passed

A resolution of inquiry in the matter of Billy Carter.

United States · United States Congress · 22 July 1980

Directs the President to furnish the House of Representatives with information concerning White House and Justice Department actions with regard to Billy Carter's involvement with Libya.

Bill· HRH.R. 7745 (96th)referred

A bill to amend the Black Lung Benefits Act to provide that certain amounts available for disbursements under section 424 of such Act shall be available for the payment of benefits and reimbursements in the case of miners whose last coal mine employment occurred before July 1, 1973.

United States · United States Congress · 2 July 1980

Amends the Black Lung Benefits Act to require employment in a mine after June 30, 1973 (currently, December 31, 1969) in order to receive black lung benefits from a mine operator. Makes the Black Lung Disability Trust Fund available for: (1) paying the claims of miners last employed before July 1, 1973; and (2) reimbursing operators for claims of miners last employed between January 1, 1970, and June 30, 1973.

Bill· HRH.R. 7716 (96th)referred

A bill to amend title II of the Social Security Act to impose limitations with respect to the benefits otherwise payable to convicted felons thereunder.

United States · United States Congress · 1 July 1980

Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to authorize a U.S. court to penalize an individual convicted of a felony by excluding any wages and self-employment income earned by such individual during the calendar year in which such conviction occurs or any prior year from the wages and income of such individual for purposes of determining the old age, survivors and disability insurance (OASDI) benefits payable to that individual. Declares that such a penalty shall cease to apply after such individual serves his or her sentence or is pardoned or paroled. Authorizes the Secretary of Health and Human Services (formerly, the Secretary of Health, Education, and Welfare) to certify directly to the administrator of a penal, correctional, or psychiatric institution the payments of OASDI benefits payable to any inmate who has been convicted of a felony or found not guilty of a felony by reason of insanity, provided such institution has established a system for obtaining reimbursement from its inmates for maintenance, rehabilitation, or related expenses. Prohibits the payment of any disability insurance benefits to any individual convicted of a felony if the disabling injury occurred during the commission of the felony. Prohibits the payment of any survivors insurance benefits to any individual who was convicted of the felonious homicide of the person upon whose earnings such benefits are based. Declares that for the purpose of determining OASDI benefits an individual shall not qualify as a full-time student during a period exceeding four months in which the individual does not attend school if the individual is incarcerated after being convicted of a felony or found guilty of a felony by reason of insanity. States that benefits withheld from incarcerated individuals pursuant to this Act shall be treated as having been paid to such individuals for purposes of determining the benefits to which other persons are entitled on the basis of the wages and self-employment income of such individuals.

Bill· HRH.R. 7533 (96th)referred

A bill to amend the Internal Revenue Code of 1954 with respect to the vesting and discrimination requirements which apply to certain employer plans.

United States · United States Congress · 10 June 1980

Amends the Internal Revenue Code to provide that deferred compensation plans shall not be deemed as not satisfying minimum vesting standards even if there is a reasonable likelihood that the accrual of benefits or forfeitures under such plans will tend to discriminate in favor of employees who are officers, shareholders, or highly compensated.

Bill· HJRESH.J.Res. 564 (96th)referred

A joint resolution congratulating the Order of the Sons of Italy in America for their seventy-fifth anniversary and wishing the Order of the Sons of Italy in America success in future years and proclaiming June 22, 1980, as "National Italian-American Day".

United States · United States Congress · 9 June 1980

Extends the congratulations of the Congress to the Order of the Sons of Italy in America for their 75th anniversary. Proclaims Sunday, June 22, 1980, as "National Italian-American Day."

Bill· HRH.R. 7441 (96th)referred

National Defense Compensation Act of 1980

United States · United States Congress · 22 May 1980

National Defense Compensation Act of 1980 - Increases the pay and allowances, and certain special and incentive pays, of members of the uniformed services for pay periods beginning after December 31, 1981, 1982, and 1983. Directs the President, in any year in which an alternative pay plan is transmitted to the Congress, to include in such plan a statement specifying the adjustments which would have been made but for such alternative plan.

Bill· HRH.R. 7396 (96th)referred

A bill to amend title II of the Social Security Act to provide that the widow's or widower's insurance benefits to which a disabled individual becomes entitled before attaining age 60 shall not be less than the amount (711/2 percent of the deceased spouse's primary insurance amount) to which they would have been reduced if the first month of such entitlement had been the month in which such individual attained that age.

United States · United States Congress · 20 May 1980

Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to provide that the entitlement of a disabled widow or widower under the age of 60 shall not be less than 71.5 percent of the primary insurance amount of the deceased spouse.

Bill· HRH.R. 7373 (96th)referred

A bill to amend title II of the Social Security Act to provide for the payment of a transition benefit to the spouse of an insured individual upon such individual's death if such spouse has attained age 50 and is not otherwise immediately eligible for benefits.

United States · United States Congress · 15 May 1980

Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to enable an insured individual's spouse, who has attained the age of 50 and is not entitled to any other monthly benefits, to obtain a transition benefit for four months upon the death of the insured individual. Establishes the amount of such transition benefits at 71.5 percent of the primary insurance amount of the insured individual, or if it is higher, 71.5 percent of the primary insurance amount of the spouse.

Bill· HRH.R. 7376 (96th)referred

A bill to amend title II of the Social Security Act to provide that upon the death of one member of a married couple the surviving spouse or surviving divorced spouse shall automatically inherit the deceased spouse's earnings credits to the extent that such credits were earned during the period of their marriage.

United States · United States Congress · 15 May 1980

Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to require that any surviving spouse, surviving divorced wife, or surviving divorced mother (as such term is defined in such Act) to whom an individual had been married for at least five years shall inherit all of the wages and self-employment income credited to such individual during their marriage.

Bill· HRH.R. 7375 (96th)referred

A bill to amend title II of the Social Security Act to provide that a divorced spouse may qualify for benefits on the basis of a marriage which lasted for as few as 5 years (instead of only on the basis of a marriage which lasted for 10 or more years as at present) in the case of certain late-life divorces.

United States · United States Congress · 15 May 1980

Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to grant benefits to a divorced woman who had been married for only five years after the younger spouse reached age 50. Maintains, for other marriages, the current requirement that the marriage must have lasted ten years regardless of age.

Bill· HRH.R. 7371 (96th)referred

A bill to amend title II of the Social Security Act to provide that the combined earnings of a husband and wife during the period of their marriage shall be divided equally and shared between them for benefit purposes, so as to recognize the economic contribution of each spouse to the marriage and assure that each spouse will have social security protection in his or her own right.

United States · United States Congress · 15 May 1980

Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to provide that the combined earnings of a married couple, which are attributable to the period of their marriage, shall be shared equally between them for purposes of determining the eligibility for and amount of OASDI benefits to which each spouse is or may become separately entitled. Credits the survivor of the marriage with 100 percent of the combined total wages for the period of the marriage. Declares that this Act shall not apply in specified cases where it would result in a reduction of OASDI benefits.

Bill· HRH.R. 7374 (96th)referred

A bill to amend title II of the Social Security Act to provide that a husband and wife may elect to split their earnings for social security purposes upon the retirement of either or both of them, or upon their divorce, and to equalize the benefits payable to a retired worker and his or her spouse (on such worker's wage record) if they have not so elected.

United States · United States Congress · 15 May 1980

Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to provide a married couple, at the time either or both of them become entitled to benefits, the option of splitting equally their combined earnings, which are attributable to the period of their marriage, for purposes of determining the eligibility for and amount of OASDI benefits to which each spouse is or may become separately entitled. Provides that if a couple exercises such option and one spouse is not fully insured, that spouse shall become fully insured by reason of crediting wages and self-employment income to that spouse. Grants a couple, after a divorce, two years within which to exercise the option. Provides that, if a couple chooses not to exercise the option, their benefit will be based on 75 percent of the combined primary insurance amount.

Bill· HRH.R. 7342 (96th)referred

Federal Lending Oversight and Control Act

United States · United States Congress · 14 May 1980

Federal Lending Oversight and Control Act - Declares that the purpose of this Act is to provide a basis for controlling loans and loan guarantees under Federal credit programs through the congressional budget process. Title I: Amendments to Congressional Budget Act of 1974 - Amends the Congressional Budget Act of 1974 to require the first concurrent resolution on the budget for each fiscal year to set forth the appropriate level of total gross obligations for the principal amount of direct loans and the appropriate level of total commitments to guarantee loans and to allocate such totals among the major functional categories of the budget. Directs each standing committee of the House and Senate to submit its estimates of direct loan obligations and loan guarantee commitments provided for in legislation under its jurisdiction by March 15 of each year for consideration of the Budget Committee in formulating the budget resolution. Directs the House and Senate Banking Committees to submit recommendations to the Budget Committees for the aggregate levels of direct loans and loan guarantees in each fiscal year. Requires the joint explanatory statement accompanying a conference report on the concurrent resolution on the budget to include an estimated allocation of the total levels of direct loan obligations and loan guarantee commitments among the committees of the House and Senate. Directs the Committees on Appropriations to provide such an allocation among their subcommittees as soon as practicable after a budget resolution has been agreed to. Requires the House Committee on Appropriations, before reporting any regular appropriations bills, to submit a summary report to the House comparing the credit authority contained in such bills to the levels agreed to in the budget resolution. Requires any report accompanying legislation conferring new budget authority or increasing tax expenditures to include information on direct loan obligations and loan guarantee commitments. Establishes a deadline for the completion of action on legislation providing credit authority. Requires the second concurrent resolution on the budget in any fiscal year and the reconciliation process to take into account Federal obligations and commitments on loans and loan guarantees. Declares out of order any measure brought up for consideration in either House which would increase the level of loan obligations and guarantee commitments agreed to in the budget process. Requires any authority to guarantee the payment of any indebtedness to be contingent on provisions in appropriation Acts. Title II: Amendments to the Budget and Accounting Act - Amends the Budget and Accounting Act, 1921, to direct the President to include items relating to Federal loan obligations and guarantee commitments in the annual budget message to the Congress. Title III: Amendment to House Rules - Amends Rule X of the House of Representatives to make the Committee on Banking, Finance and Urban Affairs or other designated committee responsible for reviewing and studying all laws, programs, and Government activities dealing with Federal credit activities. Requires all other House committees to refer any bill or resolution providing for Federal credit activities to such Committee for consideration of such activities before placing the bill or resolution on the appropriate calendar. Title IV: Effective Date - Sets forth the effective dates of the titles of this Act.

Bill· HRH.R. 7290 (96th)referred

Surface Mining Reclamation Reserve Act of 1980

United States · United States Congress · 7 May 1980

Surface Mining Reclamation Reserve Act of 1980 - Amends the Internal Revenue Code to provide for the establishment of a reserve account for the addition of tax deductible expenses of surface mining land reclamation incurred during the taxable year.

Bill· HRH.R. 7240 (96th)referred

Urban Jobs and Enterprise Zone Act of 1980

United States · United States Congress · 1 May 1980

Urban Jobs and Enterprise Zone Act of 1980 - Title I: Designation of Private Jobs and Enterprise Zones - Amends the Internal Revenue Code to provide for the designation of private jobs and enterprise zones by local governments, subject to the approval of the Secretary of Commerce, for purposes of extending the tax incentives provided by title II of this Act to employers and employees within designated zones. Specifies that the Secretary may only approve the designation of such zones if: (1) the area is within the jurisdiction of the designating local government; (2) the boundary of the area is continuous; (3) the area has a population of at least 4,000; and (4) the area meets specified unemployment and poverty requirements. Requires designating local governments, as a condition of the Secretary's approval, to effect a permanent real property tax reduction in their respective jurisdictions, which is not less than 20 percent of the current effective rate. Expresses the sense of the Congress that in the case of any application for designation of an area in a private jobs and enterprise zone as a foreign trade zone: (1) the Foreign-Trade Zone Board should expedite the application process; (2) the Board, in evaluating such application, should consider not only the current economic conditions within the zone, but also future development to be expected as a result of the incentives provided by this Act; and (3) the Board should provide technical assistance to the applicants. Title II: Tax Incentives - Amends the Internal Revenue Code to reduce social security payroll taxes in designated private jobs and enterprise zones. Reduces the rate of tax on the capital gains of individuals and corporations in such zones. Exempts gain from the sale or exchange of property used in a business in a private jobs and enterprise zone from the computation of the minimum tax. Reduces the rate of tax on the income of corporations whose workforce comprises at least 50 percent of individuals working in a private jobs and enterprise zone (qualifying businesses). Authorizes accelerated depreciation for qualifying businesses (straight line method based on a three year useful life). Limits the basis for depreciation to $500,000. Permits qualifying businesses to elect to use a cash method of accounting if their gross receipts do not exceed $1,500,000 in any prior taxable year. Allows a ten year carryover of net operating losses for qualifying businesses. Title III: Effective Dates - Specifies effective dates for provisions of this Act which apply to income tax and for provisions which apply to social security payroll taxes.

Bill· HRH.R. 7127 (96th)referred

A bill to amend the Internal Revenue Code of 1954 to provide more equitable treatment of royalty owners under the crude oil windfall profit tax.

United States · United States Congress · 22 April 1980

Amends the Internal Revenue Code to exempt a certain portion of royalty owner oil production from the windfall profit tax. Limits the amount so exempted per quarter to ten barrels per day. Requires proportionate allocation of any production in excess of ten barrels per day between tier 1 oil, tier 2, and tier 3 oil, and within any tier on the basis of removal prices. Requires allocation of the ten barrel amount among royalty owners who are members of the same related group.

Bill· HRH.R. 6930 (96th)referred

Powerplant Fuel Conservation Act of 1980

United States · United States Congress · 26 March 1980

Powerplant Fuel Conservation Act of 1980 - Title I: Accelerated Fuel Conversions of Certain Powerplants - Prohibits the use of petroleum or natural gas as a primary energy source after the 90th day following the enactment of this Act by any powerplant capable of converting to coal or other alternate fuel, without express exemption approved by the Secretary of Energy. Provides a procedure for procuring a stay of such prohibition pending consideration of such exemption. Limits the duration of any exemption to: (1) five years after its approval; or (2) December 31, 1985, whichever is later. Directs the Secretary to make a grant to any owner or operator of any alternate fuel capable powerplant for up to 50 percent of any amounts paid or incurred after November 9, 1978, for the conversion of such powerplant from the use of petroleum to coal or another alternate fuel as a primary energy source. Disqualifies from eligibility for such a grant any powerplant for which an exemption is sought. Specifies grant application requirements. Excludes from the reasonable costs coverable by a grant any costs for real estate acquisition, or for facilities, equipment, or improvements which are not at the same site as the designated powerplant. Requires: (1) publication in the Federal Register of every such grant application upon receipt, with opportunity afforded for public comment; and (2) consultation by the Secretary with the Governor (or designee) of the State where the powerplant is located, the Federal Energy Regulatory Commission, the Secretary of Labor, the Secretary of the Interior, and the Administrator of the Environmental Protection Agency. Conditions award of a grant upon assurances that the conversion of the powerplant involved will occur not later than December 31, 1985, or three years after grant approval. Prohibits payment of any grant funds to any State regulated utility unless the State regulatory authority has certified to the Secretary, and the Secretary is satisfied, that the base used for ratemaking purposes by such utility will be reduced by the amount of the grant. Authorizes the Secretary to make a grant to any electric utility which owns or operates any existing electric powerplant using coal as a primary energy source, for any reasonable amounts paid or incurred after enactment for the design and installation of equipment and facilities for reducing the sulfur atmospheric pollutants emitted by such powerplant. Requires the Secretary to notify the Administrator of the Environmental Protection Agency of any application for such a grant and authorizes approval if approval has been recommended by the Administrator. Directs the Secretary to establish a program to monitor and evaluate the effectiveness of sulfur removal systems for which grants are made. Authorizes the Secretary to make a grant to any person for up to 20 percent of the reasonable costs paid or incurred for the design and installation of equipment and facilities for reducing the sulfur content of coal committed for use in any powerplant. Prohibits recovery after December 31, 1985, of any costs incurred by an electric utility for petroleum or natural gas used for certain powerplants by use of an automatic adjustment clause in its rate schedule, without express exemption by the Secretary. Title II: Additional Incentives for Reduction of Powerplant Use of Petroleum and Natural Gas - Directs the Secretary to make a grant to any electric utility for reasonable costs incurred after enactment in carrying out an approved fuel displacement plan. Limits the amount of a utility's grant to its pro rata share of the total appropriation for such grants, determined according to the ratio of: (1) the utility's base period fuel usage to (2) the estimated base period fuel usage of all electric utilities. Keys the obligation of approved grant amounts to any utility to the fuel reduction target established in its fuel displacement plan, depending on the percentage by which such target meets or falls short of such utility's pro rata share of a national fuel reduction goal of 600,000 barrels per day of petroleum and natural gas. Makes available additional grant amounts for any excess of such pro rata share. Sets a maximum grant ceiling of $4.00 per barrel of petroleum or natural gas conserved under the utility's fuel displacement plan. Specifies application and reporting requirements. Sets a minimum grant funds pay-out schedule of five years. Provides for recapture by the United States of funds paid out to any utility failing to meet the fuel displacement target established in its fuel displacement plan. Sets the period beginning January 1, 1974, and ending December 31, 1978, as the base period for purposes of determining base period fuel usage. Specifies factors for appropriate adjustments to the base period fuel usage. Specifies general contents of any fuel displacement plan. Requires prior approval of any such plan by the appropriate State regulatory authority in the case of a State regulated electric utility before the Secretary may approve. States that such prior approval shall be deemed to satisfy any State or local requirement that construction or operation of a new powerplant is permissible only if such facility is demonstrated to be needed because of an increase in demand for power. Title III: Miscellaneous Provisions - Requires every electric utility which consumed 250,000 barrels or more of petroleum or natural gas per year between January 1, 1974, and December 31, 1978, to prepare a study of its fuel usage containing a 15-year forecast of: (1) the estimated costs of continuing to use petroleum or natural gas as a primary energy source; and (2) the total estimated cost of converting existing powerplants to coal or other alternate fuel use, constructing new plants using coal or other alternate fuel as a primary energy source, and implementing energy conservation programs to eliminate or reduce the use of petroleum and natural gas. Directs the Secretary to make a grant to any State agency which meets specified requirements of an Office of Consumer Services for the purpose of assisting consumers in making presentations directly related to the development and review of fuel displacement plans. Authorizes appropriations to carry out the provisions of this Act. Specifies circumstances under which funds appropriated for the Economic Regulatory Administration of the Department of Energy may be used for program administration relating to this Act. Limits the making of grants under this Act to capital costs. Requires final action on grant applications within six months after filing. States that nothing in this Act shall be construed as permitting any powerplant to delay or avoid compliance with applicable environmental requirements.