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United States · Official source
2,130 records where Rep. DeLay, Tom [R-TX-22] is listed as a sponsor, author, or other actor. Search with topics and years
United States · United States Congress · 19 March 1987
Authorizes county and municipal governments to designate mailing addresses.
United States · United States Congress · 18 March 1987
Employee Educational Assistance Act of 1987 - Amends the Internal Revenue Code to make permanent the income tax exclusion for employee educational assistance programs. (Present law terminates such exclusion as of December 31, 1987.) Requires, for every taxable year beginning after 1988, an annual cost of living adjustment of the maximum excludable amount. Waives the maximum excludable amount for any educational assistance furnished by certain educational institutions to graduate students engaged in teaching or research activities for such organization.
United States · United States Congress · 18 March 1987
Establishes the Veterans Administration as an executive department redesignated as the Department of Veterans' Affairs. Makes technical and conforming changes, including the redesignation of the Administrator of Veterans Affairs as the Secretary of Veterans' Affairs.
United States · United States Congress · 18 March 1987
Expresses the sense of the Congress that the President should express to the Soviet Union the U.S. opposition to the Soviet Union's slave labor policies by all possible means, including refusing to permit imports of products made by such labor. Requests the President to end the delay in enforcing the restriction against importing goods produced by forced labor.
United States · United States Congress · 17 March 1987
Small Business Prompt Payment Act Amendments of 1987 - Revises Federal law to deem the head of a Federal agency to have received an invoice on the later of: (1) the date on which the designated office or employee of an agency actually receives it; or (2) the fifth day after the date on which a property is actually delivered, or final performance of a service is actually completed, unless the contract specifies otherwise. Makes Federal prompt payment provisions applicable to the United States Postal Service. Makes the Postmaster General responsible for issuing procurement regulations, solicitation provisions, and contract clauses. Reduces the 15-day grace period for payment of interest penalties to eight days for solicitations (other than meat products and agricultural commodities) issued before October 1, 1990. Eliminates such grace period for procurement solicitations issued on or after October 1, 1990. Requires an agency to pay a double interest penalty if: (1) the agency owes the interest penalty; (2) the interest penalty is not paid to the business concern on or after the date the penalty is due; (3) the agency does not pay the penalty within ten days after such payment is made; and (4) a written demand is made within 40 days after such payment is made. Requires regulations on interest penalties, in the case of construction contracts, to provide for the payment of interest on: (1) progress payments due for more than seven days, or a longer period if the prevailing practice in private construction contracts is to provide such longer period; and (2) amounts retained during the performance of a contract, if such amounts are not paid by the required payment date. Requires regulations on interest penalties to provide for periodic payments in the case of supply or service contracts upon: (1) the submission of an invoice for supplies delivered or services performed; and (2) acceptance of supplies or services by an authorized employee or certification of performance by such an employee. Requires Government construction contractors to include a payment provision in their agreements with their subcontractors which provides for payment in accordance with prevailing industry standards. Requires the contractor to pay a late payment interest penalty to the subcontractor at the rate applicable between the prime contractor and the Government. Specifies the calculation of time for interest penalties on discount payments. Revises agency reporting requirements on interest penalty payments to include: (1) a description of agency payment practices; and (2) an analysis by the Office of Small and Disadvantaged Business Utilization for each of the various Federal agencies on the impact of such payments on small and disadvantaged businesses. Requires the Chief Counsel for Advocacy of the Small Business Administration to report to the congressional committees on Small Business on current Government compliance with the payment of interest penalties and the impact on small business. Requires the Chief Counsel to monitor the compliance of all agencies and of the Director of the Office of Management and Budget with interest penalty payments. Requires the modification of the Federal acquisition regulation to implement Federal prompt payment provisions.
United States · United States Congress · 17 March 1987
Authorizes and requests the President to designate April 26 through May 2, 1987, as National Organ and Tissue Donor Awareness Week.
United States · United States Congress · 17 March 1987
Authorizes and requests the President to designate March 21, 1987, as Afghanistan Day.
United States · United States Congress · 16 March 1987
Emergency Energy Act of 1987 - Title I: Amendments of Internal Revenue Code of 1954 - Amends the Internal Revenue Code to allow a credit against the income tax for crude oil producers equal to the excess of an oil well's operating costs allocable to a barrel of oil over the sales price of the barrel (but in no event for more than $5.00 per barrel). Provides for a carryback of unused excess credits for any year. Allows a credit for 15 percent of the costs of exploring for oil or natural gas in the United States. Provides for a carryback of unused excess exploration cost credits. Revises the minimum tax rules to allow a taxpayer to elect to carry over any portion of a percentage depletion deduction to the succeeding taxable year. Revises the definition of intangible drilling and development costs eligible for annual deduction as business expenses when paid or incurred to include geological, geophysical, and surface casing costs paid or incurred for the purpose of ascertaining the existence, location, extent, or quality of any domestic deposit of oil or gas. Repeals the tax preference cutback which currently requires integrated oil and gas producers to reduce (and thereby capitalize) the amount of intangible drilling and development costs eligible for a tax deduction by 30 percent. Repeals the rule that limits percentage depletion for oil or gas properties to 50 percent of a taxpayer's net income from the property. Revises the rule regarding an election to treat operating mineral interests as separate properties to allow such an election without regard to whether one or more of the operating mineral interests participated, under a voluntary or compulsory unitization or pooling agreement, in a single cooperative or unit plan of operation. Repeals specified rules which currently disqualify certain properties from: (1) the percentage depletion allowance deduction; and (2) the stripper well oil exemption from the windfall profit tax. Revises the special rules for the windfall profit tax to declare that a return shall not be treated as required if the amount of windfall profit tax withheld from the purchase payment to an oil producer equals or exceeds the amount required to be withheld as shown on the first purchaser's return. (The statute of limitations on assessments for windfall profit tax liability will thus begin to run concurrently with the statute of limitations on the taxpayer's income tax return.) Limits such rule revision to returns filed after February 29, 1980. Repeals the windfall profit tax. Title II: Removal of Wellhead Price Controls and Repeal of Natural Gas Act Jurisdiction Over Certain First Sales of Natural Gas - Amends the Natural Gas Policy Act of 1978 to: (1) remove wellhead price controls over natural gas prices; (2) repeal the jurisdiction of the Federal Energy Regulatory Commission (FERC) over natural gas exempt from wellhead price controls; (3) repeal the President's standby price control authority; and (4) repeal congressional review of natural gas price controls. Title III: Repeal of Certain Restrictions on the Use of Natural Gas and Petroleum - Amends the Powerplant and Industrial Fuel Use Act of 1978 to: (1) repeal the prohibitions against the use by electric powerplants and major fuel-burning installations of petroleum and natural gas as primary energy sources: (2) remove the restrictions placed upon Federal major fuel-burning installations against the use of natural gas and petroleum as primary energy sources; and (3) repeal the guidelines for the emergency use of natural gas or petroleum as a primary energy source by any person operating a peakload powerplant or a major fuel-burning installation. Revokes the authority of the Secretary of Energy to require any major fuel-burning installation to furnish certain information regarding the use of primary energy sources of fuel. Title IV: Repeal of Incremental Pricing Requirements - Amends the Natural Gas Policy Act of 1978 to repeal the natural gas incremental pricing provisions. States that incremental pricing rules promulgated by FERC shall continue in effect only with respect to the flow-through of costs incurred before enactment of this section, including any surcharges based on such costs. Title V: Strategic Petroleum Reserve - Amends the Energy Policy and Conservation Act to direct the Secretary of Energy to fill the Strategic Petroleum Reserve only with crude oil produced in the United States. Title VI: Separability - Sets forth separability provisions.
United States · United States Congress · 12 March 1987
Amends part D (Child Support and Establishment of Paternity) of title IV of the Social Security Act to require the withholding of child support payments from the non-custodial parent's wages upon the issuance or modification of a child support order. (Currently, such withholding need not occur until one month of nonpayment has elapsed.) Directs States to establish binding guidelines for child support award amounts. (Currently, such guidelines need not be binding.) Creates a rebuttable presumption that the child support award resulting from the application of such guidelines in a judicial or administrative child support proceeding is correct. Requires States to review and update all child support orders at least once every two years to ensure that they continue to comply with child support award guidelines. Gives the Federal Parent Locator Service and State child support enforcement agencies access to all employment security information in the possession or control of existing data networks. Conditions a State's eligibility for payments under titles IV or XIX (Medicaid) of the Act on its compliance with federally prescribed child support enforcement procedures.
United States · United States Congress · 12 March 1987
Directs the Secretary of the Interior to display the American flag at the apex of the Vietnam Veterans Memorial in the District of Columbia.
United States · United States Congress · 12 March 1987
Defense Savings Act - Establishes the Bipartisan Commission on the Consolidation of Military Bases (the Commission) to: (1) review the military importance of all major military installations; and (2) identify which such installations can be closed or realigned without impairing the security of the United States. Outlines administrative procedures concerning membership, staff, meetings, and powers of the Commission. Directs the Commission, within 180 days after the enactment of this Act, to submit to the President, the Secretary of Defense, and each House of the Congress a final report on the findings and conclusions of the Commission. Terminates the Commission 30 days after the submission of such report. Authorizes the Secretary of Defense to take certain specified action with respect to the implementation of the Commission's recommendations.
United States · United States Congress · 12 March 1987
Competition Savings Act of 1987 - Amends the Office of Federal Procurement Policy Act to require the Federal Government to contract with the private sector for the performance of a commercial activity when the cost is lower than the cost of the performance of such activity by the Government. Requires the Director of the Office of Management and Budget to prescribe regulations for such cost comparisons. Requires the Director to publish a commercial activity inventory each fiscal year in the Federal Register. Provides that such inventory shall consist of a list of all commercial activities carried out by full-time Government employees, and the cost of such activities. Requires each executive agency to complete cost comparisons or award contracts for commercial activities which constitute 20 percent of the number of activities listed in the agency's inventory for each fiscal year, beginning with FY 1989. Specifies commercial activities which are exempt from cost comparisons and those eligible for expedited procedures. Sets forth performance deadlines after completion of cost comparisons. Requires the inclusion of cost comparison results in budget requests. Provides for judicial review of decisions resulting from cost comparisons. Makes greater reliance on private sector sources a part of Federal procurement policy.
United States · United States Congress · 12 March 1987
Expresses the sense of the Congress that the corporate, legal, labor, and academic communities should pursue establishment of an organization to provide pro bono legal assistance to small businesses in cases involving foreign unfair trade practices. Urges such organization to: (1) develop an outreach program to inform businesses of remedies available under U.S. trade laws; and (2) provide pro bono legal assistance to those businesses lacking resources to seek such remedies.
United States · United States Congress · 11 March 1987
Amends the Internal Revenue Code to require that certain information relating to fund raising must be included on tax returns made by tax-exempt organizations. Specifies the information required as: (1) the name and address of each person engaged in fund raising on behalf of the organization; (2) the gross amount raised by such person; (3) the amount of compensation received by such person; (4) a description of the activities performed by such person on behalf of the organization; and (5) a description of the other fund raising activities of the organization, the amount raised from such activities, and the expenses incurred for such activities.
United States · United States Congress · 11 March 1987
AIDS Exposure Protection Act - Amends the Public Health Service Act to prohibit the Secretary of Health and Human Services, acting through the Director of the Centers for Disease Control, from making certain grants to a public entity unless the entity agrees to: (1) establish and implement a program of contact tracing with respect to acquired immune deficiency syndrome (AIDS) cases; and (2) spend at least ten percent of such grant in carrying out such a program.
United States · United States Congress · 11 March 1987
Child Care Act of 1987 - Sets forth congressional findings regarding the child care policies of the country. Title I: Voucher System for Child Care - Directs the Secretary of Health and Human Services to make grants to each State which has an approved plan for making vouchers for child care available to individuals whose family income is less than 200 percent of the Federal proverty level and who require such services due to their employment, search for employment, or training for employment. Authorizes appropriations for FY 1988 through 1991. Requires child care providers which are not required by State law to be licensed or certified to register with the State in order to participate in the voucher program. Directs States to make voluntary certification available to child care providers not required to be licensed or certified under State law. Exempts family day care providers (child care providers caring for six or fewer children) which are not required by State law to be licensed or certified from registration requirements if the State demonstrates to the Secretary that not less than 80 percent of the children served by such providers are likely to be served by family day care providers whose names and addresses are recorded by the State. Requires the Secretary to establish criteria, standards, and a timetable for the implementation of these and other specified State voucher plan requirements. Directs the Secretary to reimburse a State for 75 percent of its costs under such plan. Provides for proportional allotments among States based upon the amount each State receives under title XX (Grants to States for Social Services) of the Social Security Act. Permits a State to use title XX funds for the voucher plan. Permits the Secretary to withhold this Act's grant payments from a noncompliant State. Excludes the amount of any voucher from determinations of income or resources for purposes of any Federal or State law. Requires each State to report biennially to the Secretary on the implementation of the plan, including the amounts used on vouchers from title XX funds. Requires the Secretary to submit an analysis of the State reports to the Congress. Title II: Changes in Dependent Care Tax Credit - Amends the Internal Revenue Code to provide for proportionately greater reductions in the dependent care tax credit when a taxpayer's income exceeds $60,000 than when his or her income exceeds $10,000, except where such credit is for care provided to a handicapped individual. Adjusts such dollar figures annually to reflect changes in the cost-of-living. Disallows dependent care tax credits for care paid for with vouchers.
United States · United States Congress · 10 March 1987
Tongass Timber Reform Act - Amends the Alaska National Interest Lands Conservation Act to repeal the ongoing appropriations for timber utilization in the Tongass National Forest, Alaska. Repeals the requirement for identifying lands unsuitable for timber production in such forest. Repeals the reporting requirement on the adequacy of timber supply from such forest lands. Requires the biennial report on such Forest to include the impact of timber management on subsistence resources, wildlife, and fisheries habitats.
United States · United States Congress · 10 March 1987
Trade Expansion Act of 1987 - Title I: Trade Negotiations and Relief from Import Impacts - Sets forth the trade negotiating objectives of the United States, which include: (1) developing principles, rules, and procedures to reduce trade barriers and distortions; (2) improving the dispute settlement mechanisms and procedures of the General Agreement on Tariffs and Trade (GATT); (3) strengthening the GATT rules pertaining to subsidy practices and countervailing measures, and dumping practices and antidumping measures; and (4) establishing free trade areas with market economy countries. Expresses the sense of the Congress that the President should seek to implement agreements to achieve such objectives through the submission of treaties, rather than through the procedures of the Trade Act of 1974. Amends the Trade Act of 1974 to extend the President's nontariff barrier negotiating authority through January 3, 1993. Requires the U.S. Trade Representative to: (1) submit annual reports to specified congressional committees on such negotiations; and (2) consult with the Advisory Committee on Trade Negotiations and with private committees during the course of such negotiations. Amends the Tariff Act of 1930 to eliminate the injury requirement with regard to unlawful unfair methods of competition. Amends the Trade Act of 1974 to extend existing procedures regarding the establishment of free trade areas with countries other than Israel. (Current law requires additional procedures with regard to such countries.) Allows the President to grant antitrust relief to industries to prevent or remedy serious injuries caused by imports. Sets forth procedures for the provision of such relief. Title II: Export Controls - Amends the Export Administration Act of 1979 to declare that it shall be the policy of the United States to use export controls to restrict the export of strategic and critical materials. Provides that the authority to impose short supply export controls: (1) shall be exercised only to enable the President to carry out the Critical Materials Stock Piling Act; and (2) may not be delegated. Removes certain procedural requirements regarding the monitoring of exports. Removes restrictions regarding the export of: (1) domestically produced crude oil; (2) Alaskan North Slope Oil; and (3) unprocessed timber from Federal lands. Title III: Business Information and Confidentiality Procedures - Freedom of Information Act Amendments of 1987 - Amends the Freedom of Information Act to require agencies to promulgate regulations with regard to the procedures for: (1) designating certain business information confidential; and (2) handling requests for such confidential information. Establishes guidelines for procedures to be followed when an agency is required to notify a submitter that a request has been made for information designated (or treated) as exempt by the submitter. Describes circumstances in which an agency is not required to notify a submitter. Provides for de novo judicial review by a U.S. district court of an agency decision to withhold or disclose records. Directs the court to assess attorney's fees against a submitter where the submitter's reasons for withholding information were not substantially justified. Title IV: Business Practices and Records Act of 1987 - Business Practices and Records Act of 1987 - Changes the name of the Foreign Corrupt Practices Act of 1977 (FCPA) to the Business Practices and Records Act. Amends the Securities Exchange Act of 1934 to require securities issuers to maintain an internal accounting system that provides reasonable assurance that specified accountability and accuracy goals are met. Prohibits imposing criminal liability for failing to maintain such an accounting system. Prohibits imposing civil injunctive relief with respect to: (1) an issuer who fails to maintain the required accounting system if the issuer tried in good faith to meet the requirements; or (2) any person other than an issuer in connection with an issuer's failure to comply with such requirements, unless such person knowingly caused the issuer to fail to comply. Prohibits anyone from knowingly circumventing such an accounting system for a purpose inconsistent with the accountability and accuracy goals of such system. Requires only good faith efforts at ensuring compliance by issuers who hold 50 percent or less of the equity of domestic or foreign firms. Transfers from the Securities and Exchange Commission to the Department of Justice jurisdiction to enforce the bribery prohibitions of the FCPA with respect to issuers. Revises the prohibition against domestic concerns using any means of interstate commerce to further payments to obtain business with a foreign official. States that such a payment made "directly or indirectly" to a foreign official is illegal. Prohibits such payments that are made to: (1) influence a foreign official's act or induce such an official to violate a legal duty; or (2) induce a foreign official to affect a foreign government's act. Prohibits domestic concerns from using interstate commerce to direct or authorize an agent to further such a payment to a foreign official. Exempts from such prohibitions: (1) payments to foreign officials to expedite or to secure the performance of routine governmental action; (2) payments which constitute tokens of regard or esteem; (3) expenditures associated with selling, purchasing, or demonstrating goods; or (4) ordinary expenditures associated with performing a contract with a foreign government. Provides an affirmative defense where such payment or gift is lawful under the laws of the foreign official's country. Revises the fines and criminal penalties for violations of such Act. Empowers the Attorney General to undertake all civil investigations necessary to enforce the Act. Prohibits prosecution of a domestic concern or specified agents of such concern for violating the Federal mail or wire fraud provisions by making a payment to a foreign official if the prosecution is based on the theory that the official, by receiving the payment, violated a duty to or defrauded the foreign government or the citizens of a foreign country. Title V: Clayton Act Amendments - Amends the Clayton Act to repeal: (1) the provision prohibiting the acquisition by one corporation of the stock of another if such acquisition substantially lessens competition or tends to create a monopoly; and (2) the requirements regarding premerger notification. States that liability for damages in private and State civil actions under the Clayton Act shall be for actual damages. (Current law provides for treble damages.) Title VI: Amendment to Cargo Preference Laws to Stimulate U.S. Agricultural Exports - Amends the Merchant Marine Act, 1936 to provide a cargo preference exemption for agricultural commodities. Provides that a specified Joint Resolution of Congress requiring Government-financed exports to be shipped in U.S. vessels shall be inapplicable to agricultural products.
United States · United States Congress · 10 March 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.
United States · United States Congress · 10 March 1987
Repeals the incremental pricing provisions of the Natural Gas Policy Act of 1978.
United States · United States Congress · 10 March 1987
Expresses the sense of the Congress that: (1) the Secretary of Health and Human Services should prepare public service announcements regarding acquired immune deficiency syndrome (AIDS); and (2) the commercial television networks and local television stations should accept for broadcast during selected adult programming such public service announcements and commercial advertisements concerning the use of condoms to prevent infection by the virus that causes AIDS.
United States · United States Congress · 5 March 1987
Child Protection Act of 1987 - Amends the Racketeer Influenced and Corrupt Organizations (RICO) Statute to extend its coverage to the sexual exploitation of children. Allows any person injured personally or in his business or property by such violations to bring a civil suit for treble damages. Amends the Federal criminal code to require a mandatory life sentence in kidnapping offenses involving the murder of a minor. Establishes mandatory minimum sentences for the sexual exploitation of minors. Provides that the period of any applicable limitation for the commencement of prosecution for certain offenses involving the sexual exploitation of children shall not begin until the child has reached the age of 18 years. Directs the Attorney General to submit a report to the Congress detailing possible changes in the Federal Rules of Evidence, the Federal Rules of Civil Procedure, the Federal Rules of Criminal Procedure, and other procedures which would facilitate the participation of child witnesses in cases involving child abuse and sexual exploitation. Directs the Attorney General to modify the classification system used by the National Crime Information System and the Federal Bureau of Investigation with respect to offenses involving the sexual exploitation of children by: (1) including the age of the victim and the relationship of the victim to the offender; and (2) using a uniform definition of a child.
United States · United States Congress · 5 March 1987
Minority Opportunity Restoration Act - Title I: Tax Incentives for Enterprise Zones - Enterprise Zone Act - Subtitle A: Designation of Enterprise Zones - Amends the Internal Revenue Code to provide for the designation of enterprise zones by the Secretary of Housing and Urban Development for purposes of extending the tax incentives and regulatory flexibility measures provided by this Act. Provides that State and local governments shall nominate areas for such designation. Limits the designation of enterprise zones to 225 nominated areas over a 36-month period (one-third of which must be in rural areas). Limits the period during which such designations shall remain in effect. Provides that the Secretary may designate such zones only if: (1) the area is within the jurisdiction of the local government; (2) the boundary of the area is continuous; (3) the area has a population of at least 4,000 if any portion thereof is located within a standard metropolitan statistical area (with a population of at least 50,000) or 1,500 otherwise, or is within an Indian reservation; and (4) the area meets specified unemployment and poverty requirements. Requires nominating local governments, as a condition of the Secretary's designation, to agree in writing to follow a course of action which may include reducing tax rates, improving local services, simplifying or streamlining regulation of business, or receiving commitments of private entities to assist employees and residents of the area. Terminates the authority of the Secretary to designate enterprise zones on June 30, 1990, or three years after the publication of regulations pertaining to such zones, whichever is later. Describes areas to which preference shall be given in deciding to designate enterprise zones. Requires the Secretary to prepare and submit to the Congress every four years a report on the effects of such enterprise zones' designation. Requires that any property tax reduction effected by a local government under the terms of this Act be disregarded for purposes of determining the eligibility of a State or local government for Federal assistance or benefits. States that designation of an enterprise zone shall not give displaced persons from such an area any rights or benefits under the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970. Exempts enterprise zones from certain requirements relating to Federal environmental policy. Subtitle B: Federal Income Tax Incentives - Part I: Credits for Employers and Employees - Allows employers located in enterprise zones a nonrefundable income tax credit for increased employment expenditures and employment of the disadvantaged. Allows a three-year carryback and 15-year carryover of such credit. Sets the amount of such credit at ten percent of the increase in payroll (taking into account a maximum of $17,500 in wages per year per employee) plus 50 percent of the wages paid to certain disadvantaged workers for the first three years of the enterprise zone designation. Phases out such credit in the last three years of the enterprise zone designation. Disallows a deduction for the portion of wages taken into account for such credit. Allows employees located in enterprise zones a nonrefundable income tax credit equal to five percent of qualified wages earned per year (taking into account a maximum of $10,000 in wages per year). Phases out such credit in the last three years of the enterprise zone designation. Part II: Credits for Investment in Tangible Property in Enterprise Zones - Allows businesses an additional investment tax credit for investment in certain tangible property located in enterprise zones. Limits such credit to five percent for zone personal property and ten percent for new zone construction property, including rental property. Requires that the property subject to such credit be predominantly used in the zone, be purchased after zone designation, and not be acquired from relatives or related corporations. Requires the recapture of such credit upon early disposition of the property. Phases out such credit in the last three years of the enterprise zone designation. Provides that the termination of the regular percentage relating to the investment tax credit shall not apply to enterprise zone property. Part III: Exclusion of Enterprise Zone Capital Gains - Excludes from gross income any gain realized on the sale or exchange of qualified enterprise zone property. Defines "qualified property" as any real property or tangible personal property used by the taxpayer in the active conduct of a trade or business within such enterprise zone and any interest in a corporation, partnership, or entity which is actively engaged in the conduct of a trade or business in an enterprise zone. Part IV: Rules Relating to Industrial Development Bonds - Provides that limitations on the cost recovery deductions for property financed with tax-exempt bonds shall not apply to enterprise zone property. Provides that the termination of the small issue exemption shall not apply to bonds whose proceeds are used to finance facilities in such enterprise zones. Part V: Sense of the Congress with Respect to Tax Simplification - Expresses the sense of the Congress that the Secretary of the Treasury should simplify the administration and enforcement of any provision of the Internal Revenue Code affected by this Act. Subtitle C: Regulatory Flexibility - Revises the definition of "small entity" for purposes of the analysis of regulatory functions to include qualified businesses and governments and nonprofit enterprises operating within enterprise zones. Authorizes Federal agencies, upon request by a designating government, to waive or modify rules and regulations which pertain to the carrying out of projects or activities within an enterprise zone. Requires agencies to approve such request if the resulting benefits of job creation, community development, or economic revitalization outweigh the public interest in continuation of the rule unchanged. Disallows waiver or modification of a rule that would directly violate a statutory requirement (including the Davis-Bacon Act and Fair Labor Standards Act) or which would present a danger to the public health and safety. Provides that such waivers or modifications of a rule shall remain in effect as long as the zone designations. Amends the Department of Housing and Urban Development Act to direct the Secretary of Housing and Urban Development to promote the coordination of all enterprise zone programs and consolidate all periodic reports required under such programs into one summary report. Subtitle D: Establishment of Foreign-Trade Zones in Enterprise Zones - Requires the Foreign-Trade Board to consider on a priority basis and expedite the processing of applications for the establishment of foreign-trade zones within enterprise zones. Requires the Secretary of the Treasury to give priority to and expedite applications for the establishment of ports of entry necessary to establish such zones. States that, to the maximum extent practicable, foreign-trade zones should be established within enterprise zones. Title II: Youth Employment Opportunity Wage - Youth Employment Opportunity Wage Act - Amends the Fair Labor Standards Act of 1938 to authorize employers to pay employees under 20 years of age 75 percent of the minimum wage rate between May and September of each year. Exempts such employees from special certificate requirements. Restricts such authorization to: (1) hours worked by eligible employees in compliance with applicable child labor laws; and (2) youth employed after May 1 of each year. Prohibits the removal of employees ineligible for the subminimum wage rate in order to replace them with employees who are eligible. Makes technical and conforming amendments to the Job Training Partnership Act. Terminates the minimum wage rate exception after September 30, 1989. Directs the Secretary of Labor to monitor the implementation of this Act and to report to the Congress concerning the employment effects of this Act. Title III: Urban Homesteading - Urban Homestead Act - Amends the United States Housing Act of 1937 to establish procedures under which families residing in public housing projects shall be provided with an opportunity to purchase their dwelling units. Requires, as a condition for public housing homeownership, the formation of a resident management corporation. Requires the Secretary of Housing and Urban Development to provide comprehensive improvement assistance to such projects to ensure that the physical condition, management, and operation of such projects are sufficient to encourage homeownership by resident families. Directs the Secretary and the responsible public housing agency to provide the training and technical and educational assistance necessary to prepare the families and the home ownership association for homeownership. Directs the Secretary to pay to the agency an amount equal to any reduction in the operating expenses of a project realized as a result of providing such assistance. Directs the agency to use such amount to reduce the purchase prices of dwelling units. Authorizes a homeownership association to purchase a public housing project after the Secretary determines that: (1) the association is prepared to manage and maintain the project with continued Federal assistance; and (2) project operating costs have been reduced sufficiently to make home ownership affordable to resident families. Allows an eligible family to purchase a dwelling if the Secretary determines that such purchase will not interfere with the rights of other resident families or harm the efficient operation of the project. Requires the Secretary to continue to pay annual contributions to such project after such a purchase. Limits the purchase price for a project or unit to 25 percent of its fair market value. Lists alternative purchasing arrangements. Directs the agency to assist a purchase by making a loan to a family or association at an interest rate not exceeding 70 percent of the market interest rate. Requires any unit or project purchaser who sells such property before the expiration of five years to pay the public housing agency a specified percentage of the sale price. Prohibits the eviction of any resident family because of the sale of a project to a homeownership association. Authorizes the Secretary to: (1) help relocate any family which decides not to purchase its dwellings in a project where other units are purchased; or (2) provide such family with a housing voucher to permit such family to obtain comparable alternative housing. Requires the Secretary to submit an annual report to the Congress setting forth: (1) any need for the development of additional public housing dwelling units as a result of the sale of public housing dwelling units under this section; (2) recommendations of the Secretary for additional budget authority; and (3) recommendations of the Secretary to ensure decent homes and decent neighborhoods for lower income families. Title IV: Equal Educational Opportunity Act - Equal Educational Opportunity Act - Amends the Education Consolidation and Improvement Act of 1981 (ECIA) to permit payments to local educational agencies (LEAs) under Chapter 1 (Federal Assistance to Meet Special Educational Needs of Disadvantaged Children) of such Act to be used for educational voucher programs. Permits parents of educationally deprived children to use such vouchers to pay for: (1) full-time enrollment at private schools or at public schools outside their school district; or (2) compensatory services provided by the LEA to meet their special educational needs at public schools of their school district. Authorizes State educational agencies (SEAs) to require LEAs to use Chapter 1 funds to implement voucher programs. Requires that such State requirement be for all LEAs. Gives each LEA discretion to: (1) use such funds to implement a voucher program (if the SEA does not so require); and (2) distribute vouchers to some or all eligible parents. Sets forth requirements for: (1) authorized educational voucher programs; (2) other LEA special educational needs programs and projects under Chapter 1; and (3) LEA applications to SEAs for voucher programs. Declares that educational voucher program payments made by a LEA to a private school or to another LEA under this Act shall not constitute Federal financial assistance to the LEA or private school receiving such payments. Declares that use of Chapter 1 funds received in exchange for a voucher by a private school or a public school outside the eligible child's school district shall not constitute a program or activity receiving Federal financial assistance. Makes specified Chapter 1 provisions inapplicable to educational voucher programs. Sets forth requirements for nondiscrimination by private schools in the voucher program. Prohibits racially discriminatory policies at such schools. Amends the Internal Revenue Code to direct the Secretary of the Treasury to disclose to appropriate Department of Justice offices or employees any tax return or tax return information relevant to investigations by the Attorney General or proceedings brought under this Act to determine whether a school is following a racially discriminatory policy. Makes conforming amendments to specified provisions of Federal law relating to the creation of the declaratory judgment remedy to include references to provisions of this Act which authorize declaratory judgments by appropriate U.S. district courts as to whether a private elementary or secondary school follows a racially discriminatory policy.
United States · United States Congress · 5 March 1987
Expresses the sense of the Congress that: (1) the promotion of unrestricted family visits between related people of the United States and the Soviet Union is an essential part of American policy toward the Soviet Union; and (2) the President, the Secretary of State, and other administration members should raise the issue of family visitation at all appropriate opportunities in discussions with leaders of the Communist Party and the Government of the Soviet Union.
United States · United States Congress · 4 March 1987
Designates the honeybee as the national insect of the United States.
United States · United States Congress · 4 March 1987
Expresses the sense of the House of Representatives that Federal excise tax rates should not be increased.
United States · United States Congress · 3 March 1987
Prohibits Federal restrictions requiring the hunting of migratory birds using steel shot, unless a State adopts such restrictions itself.
United States · United States Congress · 3 March 1987
Federal Hospital System Sharing Act of 1987 - Amends Federal veterans' benefits provisions to allow, under a health care sharing agreement, an individual who is eligible to receive direct health care in a facility of one agency (either the Veterans Administration or the Department of Defense) to be furnished such care at the facility of the other agency. Revises the definition of the term "beneficiary" for purposes of eligibility for such benefits.
United States · United States Congress · 3 March 1987
Assimilative Crimes Act Amendments of 1987 - Amends the Federal criminal code to provide that the criminal penalty for operating a motor vehicle under the influence of a drug or alcohol in a special maritime or territorial jurisdiction of the United States shall be the punishment provided under the law of that State, territory, possession, or district. States that whoever operates a motor vehicle in such a jurisdiction consents to certain tests if arrested for driving under the influence of a drug or alcohol. States that any person refusing to submit to such tests shall be denied the privilege of operating a motor vehicle for one year.
United States · United States Congress · 3 March 1987
Amends the Internal Revenue Code to allow a deduction for expenses related to preparation of withholding certificates. Requires that a person who filed such certificate knew it to be false or fraudulent before the imposition of civil penalties. Establishes a transition period for imposition of such penalties.
United States · United States Congress · 2 March 1987
Amends the Federal criminal code to provide a mandatory life sentence (except when the death penalty is invoked) for any person convicted of gathering or delivering defense information to a foreign government.
United States · United States Congress · 26 February 1987
Omnibus Taxpayers' Bill of Rights Act - Requires the Secretary of the Treasury (Secretary) to prepare a statement setting forth in nontechnical terms: (1) the rights and obligations of a taxpayer and of the Internal Revenue Service (IRS) during a tax audit; (2) the procedures by which a taxpayer may appeal adverse decisions, prosecute refund claims, and file complaints; and (3) the procedures that the IRS may use in enforcing revenue laws. Directs the Secretary to transmit drafts of such statement to specified congressional committees and to distribute the final statement to all taxpayers with tax forms sent by the IRS. Amends the Inspector General Act of 1978 and other Federal law to establish within the Department of the Treasury (Department) an Office of Inspector General (Inspector). Transfers to such Office the existing audit and investigation units of the Department. Prohibits the Inspector from reviewing: (1) monetary, fiscal, and tax policy; and (2) the exercise of legal judgment in the investigation and litigation of cases. Authorizes the Secretary to: (1) withhold from the Inspector requested information that the Secretary determines will jeopardize the success of an ongoing investigation or litigation, confidential sources, or the national security; and (2) prohibit the Inspector from undertaking or continuing an audit or investigation under limited circumstances described in this Act. Requires the IRS, upon taxpayer request, to conduct any interview regarding a deficiency assessment at a reasonable time and place convenient to the taxpayer and to the IRS, and to permit the taxpayer, at his or her own expense, to record the interview. Authorizes the IRS interviewer to record such interview if the taxpayer has been given prior notice and is provided, upon request and payment of reproduction costs, with a transcript of the recording. Requires the interview to warn the taxpayer that: (1) he or she has a right to remain silent; (2) any statement the taxpayer makes may be used against him or her; and (3) he or she has the right to the presence of an attorney, certified public accountant, enrolled agent, or enrolled actuary. Permits a waiver of such rights if voluntarily and knowingly made. Amends Federal law to require the Comptroller General (Comptroller) of the General Accounting Office to: (1) conduct audits of the IRS with respect to the efficiency, uniformity, and equity of the internal revenue laws (current law specifies no particular focus for such audits); and (2) conduct special audits or investigations of internal revenue law administration upon the request of any congressional committee or Member of Congress. Requires the Comptroller's annual report to the Congress to include specified findings concerning IRS management, efficiency, procedures, and structure. Divests of its finality a vote of the Joint Committee on Taxation to disapprove a Comptroller General audit of the IRS. Designates such vote as a recommendation to disapprove an audit and makes such recommendation subject to congressional approval. Prohibits evaluations of IRS personnel based on revenue collected from taxpayers as a result of audits or investigations involving such personnel. Amends the Internal Revenue Code to prescribe criminal penalties for: (1) any investigation by an officer or employee of the United States in connection with Federal tax laws that inquires into the beliefs, associations, or activities of any individual or organization; or (2) the maintenance of any records containing information derived from such an investigation. Creates a civil cause of action in Federal court (regardless of the amount in controversy) for any taxpayer aggrieved by such prohibited investigation or recordkeeping. Authorizes both equitable remedies and awards of damages, including punitive damages, litigation costs and reasonable attorney fees, in such cases. Extends from ten to 30 days the period between the required notice to a person who neglects or refuses to pay tax liability and a levy on such person's salary, wages, or other property. Specifies information that must be incorporated in such notice, including possible alternative actions and the appropriate appeals procedures. Adds to the circumstances triggering termination of such a levy: (1) an agreement between the taxpayer and the Secretary for payment of the liability; and (2) the Secretary's determination that the taxpayer's financial condition precludes enforceability of the liability. Revises the list of property exempt from levy to: (1) increase the exempt amount permitted for certain personal effects, the property of a business, and wages; (2) add an exemption for certain deposits in qualified institutions; and (3) provide an express exemption, except under limited circumstances specified in this Act, for the taxpayer's principal residence, a motor vehicle used by the taxpayer as the primary means of transportation to work, and any tangible personal property essential to the operation of the taxpayer's business in cases when a levy would prevent the taxpayer from carrying on such business. Prohibits a levy on any property when levy and sales expenses would exceed either the liability for which the levy is made or the fair market value of the levied property. Sets forth situations in which the Secretary must release a levy. Applies to jeopardy levies the administrative and judicial review procedures currently applicable to jeopardy assessments. Authorizes the Secretary, in certain cases, to enter into a binding agreement with a taxpayer under which such taxpayer may pay tax liability in installments. Requires the Secretary to offer in writing to enter such an agreement with any individual: (1) whose tax liability is $20,000 or less; and (2) who has not been delinquent in installment tax payments under similar agreements during a specified period. Permits the Secretary, after proper notice and a hearing, to modify or annul such an agreement upon the finding that the financial condition of the affected taxpayer has significantly changed. Requires the Secretary to abate in full any deficiency, including penalty or interest, completely attributable to erroneous advice in writing given to a taxpayer by an IRS officer or employee in response to such taxpayer's specific inquiry. Directs IRS officers and employees, when giving oral advice to a person, to inform such person that the contents of such communication are not binding on the IRS. Authorizes the IRS Ombudsman, upon application filed by a taxpayer, to issue a Taxpayer Assistance Order if, in the determination of the Ombudsman: (1) the taxpayer is suffering or is about to suffer from an unusual or irreparable loss as a result of the manner in which the internal revenue laws are being administered by the Secretary; and (2) the Secretary has failed to carry out any of his or her duties or has violated any provision of law. Allows the terms of a Taxpayer Assistance Order to require the Secretary to release property of the taxpayer levied upon or to cease or refrain from certain actions. Requires the Secretary to obey any Taxpayer Assistance Order issued by the Ombudsman. Allows an administrative appeal of tax liens. Revises the criteria according to which the Secretary determines a minimum sale price for property seized by levy and subject to a tax sale. Prohibits the Secretary from authorizing a class audit of taxpayers in a particular business or trade until each group member is given proper notice and the opportunity either to file an amended return or to challenge the Secretary's findings at a hearing. Places upon the IRS the burden of proof on all issues in all administrative and judicial proceedings between the IRS and a taxpayer. Applies the rulemaking provisions of the Administrative Procedure Act to all IRS rules and regulations prescribed by the Secretary.
United States · United States Congress · 26 February 1987
Amends the Internal Revenue Code to suspend during a specified period of time the excise taxes on: (1) aviation fuel; (2) aircraft tires; (3) gasoline used in aircraft; and (4) air transportation. Provides that such taxes shall be suspended during a time when the unobligated balance in the Airport and Airway Trust fund exceeds $1,000,000,000.
United States · United States Congress · 26 February 1987
Designates the month of May 1987 as National Home Remodeling Month.
United States · United States Congress · 25 February 1987
Grants a Federal charter to the National Association of State Directors of Veterans Affairs, Incorporated.
United States · United States Congress · 25 February 1987
Designates June 14, 1987, as Baltic Freedom Day. Expresses disapproval of the refusal of the U.S.S.R. to recognize the sovereignty of the Baltic Republics.
United States · United States Congress · 24 February 1987
Amends the National Housing Act to make authority permanent for: (1) title I financial institution insurance for housing renovation and modernization; (2) general mortgage insurance; (3) low and moderate income and displaced families mortgage insurance; (4) mortgage co-insurance, including rental rehabilitation and development projects; (5) mortgage insurance for armed forces' civilian employees and defense housing for impacted areas; (6) mortgage insurance for land development; (7) mortgage insurance for medical and dental group practice facilities; (8) mortgage insurance commitment limitations; and (9) graduated payment and indexed mortgage insurance. Amends the Housing Act of 1964 to make authority permanent for urban rehabilitation loan authority. Amends the Housing Act of 1949 to make authority permanent for: (1) insured loans for rental and cooperative housing and related facilities for elderly persons and families in rural areas; and (2) mutual and self-help housing grant and loan authority. Amends the National Flood Insurance Act of 1986 to make national flood insurance authority, including emergency implementation provisions, permanent.
United States · United States Congress · 23 February 1987
Syndicated Television Music Copyright Reform Act of 1987 - Amends the copyright law to require that any conveyance of performance rights in an audiovisual work to nonnetwork commercial television include the right to perform in synchronization any accompanying copyrighted music. Entitles the music copyright holder to an interest in any compensation received for the audiovisual work performance rights.
United States · United States Congress · 18 February 1987
Amends the Tax Reform Act of 1986 to repeal provisions which increase the current year liability test for estimated tax payments from 80 percent to 90 percent. Provides that the Internal Revenue Code shall be applied and administered as if such section has not been enacted.
United States · United States Congress · 11 February 1987
Drug Kingpin Act of 1987 - Amends the Controlled Substances Act to establish criteria for the imposition of the death penalty where, as a result of a continuing criminal enterprise, an individual (other than a participant in such conduct) dies. Requires the Government, for such offense, to serve notice upon the defendant a reasonable time before trial or acceptance of a plea, disclosing that it intends to seek the death penalty and the aggravating factors upon which it will rely. Requires a separate sentencing hearing before a jury, or the court upon motion by the defendant, when the defendant is found guilty or pleads guilty to such offense. Allows the defendant and the Government to present any information relevant to sentencing, without regard to the rules of evidence, but permits information to be excluded where its probative value is substantially outweighed by the danger of unfair prejudice, confusion of the issues, or misleading of the jury. Directs the court, or the jury by unanimous vote, to impose the death penalty upon finding that such sentence is justified based on consideration of both aggravating and mitigating factors. Sets forth some mitigating factors to be considered by the jury or the court when imposing its sentence. Includes as aggravating factors to be considered by the jury or the court: (1) the intentional nature of the act which resulted in the victim's death; (2) previous convictions for offenses for which life imprisonment or death is authorized; (3) the especially heinous, cruel, or depraved nature of the offense; (4) the defendant committed such offense in consideration for pay; and (5) the offense was committed against a judge, a law enforcement officer, or an employee of a penal of correctional institution. Requires the court to instruct the jury not to consider the race, color, national origin, creed, or sex of the defendant in its consideration of the sentence. Allows the court to impose a sentence of life imprisonment without the possibility of parole for such offenses when the death penalty is not imposed. Establishes procedures for appeal from a death sentence. Requires the Court of Appeals, upon consideration of the record and the information and procedures of the sentencing hearing, to affirm the decision if: (1) the sentence was not imposed under the influence of passion, prejudice, or arbitrariness; and (2) the information supports the finding of aggravating factors or the absence of mitigating factors. Requires the court to provide a written explanation of its determination.
United States · United States Congress · 11 February 1987
Arctic Coastal Plain Leasing Act of 1987 - Directs the Secretary of the Interior to implement a competitive oil and gas leasing program for the Coastal Plain of the Arctic National Wildlife Refuge. States that this Act shall be considered the primary land management authorization for all exploration and production activities on the Coastal Plain. Provides that no land management review shall be required except as specifically authorized by this Act. Mandates that all receipts from sales, rentals, bonuses, and royalties on leases under this Act be deposited into the Treasury. Directs the Secretary to promulgate regulations to ensure that oil and gas exploration and transportation activities are conducted to achieve the reasonable protection of animal and environmental resources (including subsistence uses of the Coastal Plain). States that the "Arctic National Wildlife Refuge, Alaska, Coastal Plain Resource Assessment," prepared by the Secretary, satisfies all legal requirements for the promulgation of such regulations, and that no further studies or assessments shall be required prior to Federal action. Directs the Secretary to provide impact aid and other assistance to communities on the North Slope and elsewhere in Alaska in order to ensure the public services needed to accommodate oil and gas production and transportation activities on the Coastal Plain.
United States · United States Congress · 10 February 1987
Thrift Forbearance and Supervisory Reform Act - Amends the Home Owners' Loan Act of 1933 to authorize a qualified Federal savings and loan association to amortize on its financial statements over five to ten years any loss it would otherwise be required to reflect in its financial statement for a calendar year through 1991. Defines a "qualified association" as any association: (1) that is located in a region which the Federal Home Loan Bank Board has designated as economically depressed; or (2) if a significant portion of all the loans held by such association are loans to borrowers in such regions or loans secured by real property in such regions. Directs the Board to allow an association which engages in troubled debt restructuring involving only modification of the terms of the original debt instrument, under certain conditions and to the extent consistent with generally accepted accounting principles, to: (1) account for the effects of the debt restructuring prospectively; and (2) continue to account for such association's investment in the original debt instrument in the amount recorded before such restructuring. Requires the Board to prescribe regulations that: (1) require accurate disclosure of the status of such troubled debt restructuring in the association's reports of condition; and (2) may provide for the classification of restructured assets as "Restructured and in Compliance with Modified Terms." Provides that any Board regulation which prescribes procedures and standards for appraising the value of association loans for accounting purposes, classifying association loans, or establishing reserves or allowances for possible losses on association loans shall not be effective to the extent it is inconsistent with generally accepted accounting principles. Prohibits the Board from implementing or enforcing any such standard or procedure not promulgated by regulation. Requires any amount which an association holds as a general or unallocated reserve or allowance for possible loan losses to be treated as capital for purposes of determining regulatory capital and regulatory net worth for such association. Amends the National Housing Act to make the same amendments with respect to the Federal Savings and Loan Insurance Corporation (FSLIC) and FSLIC-insured institutions. Amends the Federal Home Loan Bank Act to direct the Board to establish a procedure under which and association, insured institution, or member institution may appeal for and obtain a review by the principal supervisory agent for its Federal home loan bank district of any determination by any examiner or other employee of the Board, the FSLIC, or the Federal Home Loan Bank for such district concerning the appraisal of an association's or institution's loan, the classification of a loan, or any requirement to establish or add to a reserve or allowance for a possible loss on any loan. Requires such procedures to provide for the appointment by the supervisory agent, at the request of the association or institution, of a panel of independent arbiters who shall review the appealed determination and report its recommendations to the supervisory agent. Requires the requesting association or institution to pay all panel expenses. Requires the Board to establish procedures for periodically reviewing the regulations prescribed by the Board and the FSLIC and the regulatory responsibilities shared by the Board, the FSLIC, and the Federal Home Loan Banks to ensure that the Board's overall regulatory structure remains responsive and sufficiently coordinated under changing conditions. Directs the Board to ensure that: (1) associations and institutions have the flexibility to renegotiate acquisition, development, and construction loans without incurring unnecessary regulatory delays in receiving approval or having such renegotiated loans treated as new loans for regulatory purposes if such treatment would not be required under generally accepted accounting principles; (2) examiners and other employees of the Board, the FSLIC, and the Federal Home Loan banks have sufficient flexibility in classifying loans held by the institutions they supervise to take into account differences in the types of institutions, the types of loans examined, and local economic conditions; and (3) such examiners and employees have sufficient flexibility to take into account other sources of credit of a borrower, in addition to the financial assets pledged to secure a loan, in classifying the assets of the institution holding the loan. Authorizes the Board to allow such supervisory agents to waive the requirement that any loan renegotiation be approved by such an agent, if a supervisory agreement between the appropriate Federal Home Loan Bank and the association or institution, which provides adequate guidelines for such renegotiations, is in effect at the time of the renegotiation. Directs the Board to establish guidelines for determining when a reappraisal of property shall be required upon any foreclosure on such property by an association or institution. Requires the Board to prohibit the amount of any association or institution loan, secured by real property, for the acquisition, development, or construction of commercial real estate, from exceeding the lesser of: (1) the sum of the appraised value of such property at the time the loan is made and the expected value of improvements to be financed by the loan; or (2) the sum of the purchase price of the property, the aggregate amount of expenditures incurred by the borrower for property improvements as of the time the loan is made, and the expected aggregate amount of expenditures to be incurred for improvements and financed with loan proceeds. Provides for the waiver of such limitation for certain property. Provides that the estimated expenditures and receipts of the FSLIC included in the annual Federal budget submitted to the Congress by the President shall be submitted to the President before October 16 of each year and included in the President's budget without change. Exempts the FSLIC, the Financial Institutions Examination Council, the Federal Reserve Board, Federal reserve banks, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency from fiscal, budget, appropriation, and fund apportionment requirements. Excludes the FSLIC and its officers and employees from coverage under the civil service laws. Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to exempt FSLIC funds from reduction under any sequestration order. Provides that the number of employees of the FSLIC shall not be subject to any limitation imposed by any executive branch officer outside such agency. Directs the FSLIC to: (1) establish a procedure for transferring officers or employees out of the civil service in response to changes made by this Act and for compensating such employees for resulting losses in rights or benefits; and (2) take appropriate steps to establish health, welfare, retirement, and other benefit programs for employees and their dependents. Subjects the FSLIC to audits by the Comptroller General. Establishes the FSLIC as a mixed-ownership Government corporation (currently listed as a wholly-owned Government corporation). Directs the Board to: (1) study the feasibility of establishing an asset acquisition corporation as a subsidiary of the Federal Assets Disposition Association to relieve thrift institutions of the burden of holding and maintaining real estate assets by acquiring such assets in exchange for debt securities; and (2) report its findings and appropriate legislative recommendations to specified congressional committees within four months after enactment of this Act.
United States · United States Congress · 10 February 1987
Constitutional Amendment - Prohibits Government expenditures for any fiscal year from exceeding: (1) its revenues in such fiscal year; or (2) 19 percent of the gross national product for the last calendar year ending before such fiscal year. Permits the Congress to suspend such prohibition for any fiscal year in which a declaration of war is in effect or whenever three-fifths of the total membership of each House deem it necessary.
United States · United States Congress · 9 February 1987
Amends the Tax Reform Act of 1986 to repeal the penalty on underpayments of income tax attributable to the overstatement of pension liabilities. Specifies that the Internal Revenue Code shall be applied and administered as if such provision had not been enacted.
United States · United States Congress · 5 February 1987
H.U.D. Income Verification Act of 1987 - Authorizes the Secretary of Housing and Urban Development to require Department of Housing and Urban Development (HUD) program applicants or participants to: (1) disclose their social security or employer identification numbers; and (2) consent to wage information verification. Amends the Social Security Act to provide HUD with access to State employment records. Requires Federal, State, local, or public housing administering agencies to independently verify such information before terminating or reducing any housing benefits. Establishes criminal and civil penalties for misuse of such information.
United States · United States Congress · 5 February 1987
Directs the Secretary of Health and Human Services to contract for 30 demonstration projects providing Medicare (title XVIII of the Social Security Act) coverage for personal emergency response systems. Requires each personal emergency response system to include: (1) communication equipment located in the home which transmits signals for emergency medical assistance over the telephone; (2) a local response center which monitors such signals and is operated by an agency which offers medical, public safety, or similar services as its primary function; and (3) medical personnel or other persons who provide emergency medical assistance upon notification by the local response center of a Medicare participant's need for such assistance. Directs the Secretary to evaluate such projects and transmit a report to the Congress by July 1990 which includes legislative recommendations concerning the efficiency and economic feasibility of providing Medicare coverage for such systems. Authorizes appropriations for FY 1988 and 1989.
United States · United States Congress · 5 February 1987
Congressional Pay For Performance Act - Provides that if the Congress has not passed all general appropriation bills before the beginning of a fiscal year, then the permanent appropriation for the compensation of Members of Congress shall not be effective for such fiscal year. Prohibits the House of Representatives and the Senate from considering the legislative branch appropriation bill for any fiscal year until other general appropriation bills for such fiscal year have been presented to the President.
United States · United States Congress · 5 February 1987
Amends the Internal Revenue Code to require the Secretary of the Treasury to pay to domestic oil producers the applicable percentage of the excess of the adjusted base price of such oil over its removal price. Defines "applicable percentage" in terms of the windfall profit tax rate for such oil. Prohibits filing a claim for payment more than once a year, unless such payment exceeds $1,000 in specified quarters. Requires, with specified exceptions, tax credits in lieu of payments. Terminates the provisions of this Act for crude oil removed after December 31, 1991.
United States · United States Congress · 4 February 1987
Grants a Federal charter to the National Mining Hall of Fame and Museum.
United States · United States Congress · 4 February 1987
Requires that the rate of pay for Members of Congress be determined as if the recommendations of the President on January 5, 1987, relating to such pay rates had been disapproved. Prohibits an increase in such pay unless the Federal budget is balanced. Describes methods for determining if the budget is balanced.