United States · United States Congress · 29 November 1977
Excludes from the Federal law limiting and restricting the corporate powers of national banking associations to deal in and underwrite investment securities specified dealing in and underwriting of all other nongeneral obligations issued or guaranteed by or on behalf of a State or any political subdivision thereof or agency of a State or any political subdivision thereof (except special assessment obligations and industrial revenue bonds) which are at the time eligible for purchase by a national bank for its own account, subject to specified limitations. Requires the Secretary of Treasury to submit an annual report to the Congress showing the extent to which the business of underwriting and dealing in State and local obligations is being carried on by commercial banks as compared with other banking institutions with a view to determining the effect of the amendment made by the first section of this Act on the institutional distribution of such business.
United States · United States Congress · 22 November 1977
Declares it the sense of Congress that the Secretary of Health, Education, and Welfare should not include in the National Guidelines for Health Planning any guidelines which would directly or indirectly cause the closing of any small, rural hospital which is the only hospital providing primary care services to a local community.
United States · United States Congress · 31 October 1977
Amends Title XVIII (Medicare) of the Social Security Act to provide payment for occupational therapy services under the supplementary medical insurance program.
United States · United States Congress · 25 October 1977
Amends the Federal Home Loan Mortgage Corporation Act to prohibit the Federal Home Loan Mortgage Corporation from issuing or applying rules or regulations which have the effect of excluding mortgagees approved by the Secretary of the Department of Housing and Urban Development for participation in specified mortgage insurance programs from the servicing of mortgages sold to the Corporation.
United States · United States Congress · 20 October 1977
Amends the Federal Home Loan Mortgage Corporation Act to prohibit the Federal Home Loan Mortgage Corporation from issuing or applying rules or regulations which have the effect of excluding mortgagees approved by the Secretary of the Department of Housing and Urban Development for participation in specified mortgage insurance programs from the servicing of mortgages sold to the Corporation.
United States · United States Congress · 20 October 1977
Declares that there be no reduction of customs duties on textile or apparel products and that such products be excluded from the current Tokyo Round of Multilateral Trade Negotiations in Geneva.
United States · United States Congress · 27 September 1977
Amends the Federal Home Loan Mortgage Corporation Act to prohibit the Federal Home Loan Mortgage Corporation from issuing or applying rules or regulations which have the effect of excluding mortgagees approved by the Secretary of the Department of Housing and Urban Development for participation in specified mortgage insurance programs from the servicing of mortgages sold to the Corporation.
United States · United States Congress · 27 September 1977
Declares that the President should establish a Commission on Domestic and International Hunger and Malnutrition which should: (1) collect and generate information and resources on food, hunger, malnutrition and related concerns; (2) assess current programs affecting domestic and international hunger and malnutrition; (3) analyze and report its findings and recommendations to the President, the Congress, and the public; and (4) assist the President and the Congress in implementing its recommendations.
United States · United States Congress · 21 September 1977
Amends Title XI (General Provisions) of the Social Security Act to require the appointment of an optometrist to the National Professional Standards Review Council and the participation by optometrists in the activities of local professional standards review organizations pursuant to the requirements of such Title.
United States · United States Congress · 12 September 1977
Grants the court of claims jurisdiction to render judgments against the United States upon claims for losses other than lost profits sustained by producers, processors, manufacturers, distributors, dealers, or other persons resulting from the ban on apparel, fabric, yarn, or fiber containing Tirs phosphate.
United States · United States Congress · 5 August 1977
Veterans Health Care Amendments Act - Requires the Administrator of Veterans' Affairs to furnish initial readjustment professional counseling (including a general mental and psychological assessment) for any veteran with readjustment problems who requests such aid within four years after his discharge or release from service, or within two years after enactment of this Act, whichever is later. Requires further mental health services on an outpatient basis if a physician employed by the Veterans' Administration determines on the basis of initial counseling that such services are necessary for the veteran's successful readjustment. Directs the Chief Medical Director to provide for the training of professional, paraprofessional, and lay personnel necessary to carry out such programs. Directs the Administrator to ensure that all potentially eligible veterans are advised of such potential eligibility. Authorizes the Administrator to provide a preventive health care program to ensure the best possible health care for veterans with service-connected disabilities. Directs the Administrator to provide for a health maintenance pilot program to demonstrate the medical advantages and cost-effectiveness of furnishing comprehensive preventive health care services to veterans with varied types and degrees of service-connected disabilities. Requires a comprehensive annual report to Congress on such programs. Requires the Administrator to carry out programs providing inpatient and outpatient treatment and rehabilitation services on a nationwide basis to eligible veterans suffering from alcohol or drug dependence or abuse disabilities. Directs the Administrator to assist the Secretary of Labor in providing veterans receiving such treatment with appropriate job and training opportunities. Requires the Administrator, when an applicant for such treatment has received a less than honorable discharge from the armed services, to advise such applicant of his right to apply for review and correction of such discharge. Requires the provision of such services to eligible veterans who are charged with or convicted of any criminal offense and who are not confined and not required to participate in such a treatment program; and permits provision of such services, under specified conditions, to eligible veterans similarly charged or convicted, if a court does require participation in such a program. Allows a member of the active armed services with alcohol or drug problems to transfer to any Veterans' Administration facility for treatment within the last 30 days of such member's tour of duty. Directs the Secretary of Health, Education and Welfare and the Administrator to coordinate the Professional Standards Review program carried out under part B of title XI (General Provision) of the Social Security Act and the comparable programs carried out by the Department of Medicine and Surgery to assess the quality of patient care in Veterans' Administration health care facilities. Requires the Chief Medical Director, through the Administrator, to report to Congress on the effectiveness of such coordination. Requires the Chief Medical Director to report to Congress, not later than three months after the end of each fiscal year, on all activities in which he or a designee, as a representative of the Veterans' Administration, has participated in an advisory or coordinating capacity with respect to programs carried out by the executive branch.
United States · United States Congress · 4 August 1977
Postal Service Act - Provides for congressional oversight of decisions of the Postal Rate Commission respecting rates and fees for postal service and mail classification. Limits to two percent of its operating expenses the amount of expenditures which the Postal Service may make for contingencies and prohibits the use of such contingency fund for repayment of past losses. Authorizes appropriations to offset any revenue loss caused by a failure of Congress to authorize postal rates proposed by the Commission, to continue post offices which are no longer self sustaining, to pay for research and development, and to continue the frequency of mail delivery service in effect on June 1, 1977. Sets the maximum size and weight for all parcel mail at 100 inches in girth and length combined and 70 pounds. Abolishes the Board of Governors of the Service and transfers the duties and responsibilities of such Board to the Postmaster General. Makes the Postmaster General an officer appointed by the President with the advice and consent of the Senate and makes the Deputy Postmaster General an officer appointed by the Postmaster General. Subjects the management and disposal of surplus property by the Service to the same regulations controlling the management and disposal of surplus property applicable to other government agencies. Prohibits the Service from commencing any capital investment project costing more than $200,000,000 until the Service transmits a report on such project to specified congressional committees and has received the recommendations of such committees concerning such project.
United States · United States Congress · 18 July 1977
Expresses the sense of the House of Representatives that the Federal Communications Commission should maximize local primary radio broadcast service in any proceeding respecting the provision of class I-A and I-B radio service. Prohibits the operation of a standard broadcast station with power in excess of 50,000 watts.
United States · United States Congress · 13 July 1977
Amends Title II (Old-Age, Survivors, and Disability Insurance) of the Social Security Act to provide Medicare benefits for individuals who require total parenteral nutrition (TPN) as a result of intestinal surgery.
United States · United States Congress · 30 June 1977
Voluntary Standards and Accreditation Act - Title I: National Standardization - Requires the Federal Trade Commission to promulgate rules relating to the procedures and practices of standards-development organizations, testing laboratories, and certification agencies, and the use of product listings and certificates of approval in marketing. Requires the Commission, when promulgating rules under this title, to give all interested persons an opportunity for oral presentations of data, views, and arguments, and a single opportunity to present rebuttal testimony in writing. Permits the Commission to exempt the activities of a standards-development organization, testing laboratory, or certification agency from the requirements of the newly promulgated rules. Permits the Commission to enforce the procedures set forth pursuant to this Act upon its own initiative or upon a written petition filed with it by any interested person. States that any violation of this title or failure to comply with any Commission rule promulgated under this title shall be prosecuted as an unfair trade practice pursuant to the Federal Trade Commission Act. Directs the Commission to notify by publication in the Federal Register, the Secretary of Commerce and all Federal departments and agencies which use the publications of a standards-development organization, of any violation of this title by such an organization or by a certification agency. Directs a department or agency notified by the Commission that an organization is in violation of this title to cease using the services of such organization unless such organization complies within a period determined by the Commission. Subjects to the provisions of this Act any private organization that: (1) develops standards; (2) sponsors the activity of developing or adopting standards; (3) tests, inspects, or certifies products; or (4) sells or uses standards, product listings, or certificates of approval. Directs the Commission to specifically advise an organization that voluntarily submitted its rules for review and does not comply with the new rules, on the procedure such organization may undertake to come into compliance. Authorizes the Secretary to grant financial assistance to nonprofit standards-development organizations to insure representation of consumer, small business, and other interests in decisions. Requires all Federal agencies to utilize standards set by certified private agencies whenever possible in order to avoid duplication of effort. Directs all standards-development organizations, testing laboratories, and certification agencies subject to regulation by the Commission to establish appeals bodies to consider complaints filed by interested persons. States that such appeals bodies shall have no powers of enforcement except those given to them by the organizations' creating such bodies. Title II: International Standardization - Establishes an Institute of Standards and Accreditation within the National Bureau of Standards of the Department of Commerce to develop the resources, facilities, and expertise necessary to assist the Secretary and the Commission in the exercise of their responsibilities under this Act. Requires the Secretary, through the Institute, to provide for and assist appropriate participation by private nonprofit organizations in international standardization activities as representatives of the United States. Requires the Secretary to make arrangements for direct governmental participation in such international standardization activities where the Secretary determines private participation is insufficient or cannot be established. Directs the Secretary to list each international standards and certification agreement developed pursuant to this title unless to do so would not be in the public interest. Establishes an interagency committee on international standardization policy and a public committee on international standardization policy to provide policy guidance to the Secretary in carrying out his duties under this title. Establishes procedures for petitioning the Secretary to delist a particular international standard or certification and for judicial review of the Secretary's determinations. Title III: Testing Laboratory Accreditation - Requires the Secretary, through the Institute, to set forth procedures to establish a voluntary national laboratory accreditation program to accredit certification laboratories for a class of technology or a specific product if the establishment of such laboratory is found to be in the public interest. Directs the Secretary to establish criteria committees to establish criteria to accredit such laboratories. Sets forth procedures for the development of such criteria and the accreditation of such laboratories. Establishes procedures for the removal, withdrawal, or termination of accreditation. Title IV: National Standards Management Board - Establishes as an independent instrumentality in the executive branch, a National Standards Management Board to develop the necessary rules, procedures, policies, and criteria to manage and coordinate national standards-development activities. Directs the Board to develop rules and policies to be used by the Institute when accrediting standards-development organizations and approving national standards. Title V: Miscellaneous Provisions - Directs the Secretary to appoint a Director of the Institute of Standards and Accreditation to supervise the Institute, its equipment, and its functions.
United States · United States Congress · 30 June 1977
Federal Mutual Savings Bank Act - Amends the Home Owners' Loan Act to authorize the Federal Home Loan Bank Board to provide for the organization, conversion, operation, and regulation of associations which may be known as Federal Savings and Loan Associations or Federal Savings Banks. Allows for the chartering of such associations. Amends the Federal Deposit Insurance Act to provide that whenever a State-chartered mutual savings bank which is insured by the Federal Deposit Insurance Corporation is converted into a Federal Savings Bank, the Federal Deposit Insurance Corporation shall calculate the amount in its capital account attributable to such mutual savings bank and shall transfer to each Federal Savings Bank the amount calculated in accordance with this Act. Requires the Federal Savings and Loan Insurance Corporation to insure the accounts of all Federal Savings Banks. Allows for the conversion of a State-chartered mutual savings bank into a Federal savings and loan association or a Federal Savings Bank to the extent authorized by the Federal Home Loan Bank Board.
United States · United States Congress · 30 June 1977
Right to Financial Privacy Act - States that the purposes of this Act are to protect and preserve the confidential relationship between financial institutions and their customers and the constitutional rights of those customers, and to promote commerce by prescribing policies and procedures to insure that customers have the same right to protection against unwarranted disclosure of customer records as if the records were in their possession. Prohibits any Federal agency or employee, or any State or local government, from obtaining copies of, access to, or the information contained in, the financial records of any customer from a financial institution unless such records are described with particularity and: (1) such customer has authorized such disclosure in accordance with this Act; (2) such records are disclosed in response to an administrative subpena or summons; (3) such records are disclosed in response to a court order; or (4) such records are disclosed in response to a judicial subpena. States that no financial institution may provide to a Federal agency or employee, or to any State or local government, copies of or the information contained in the financial records of any customer except in accordance with the requirements of this Act. Sets forth provisions governing customer authorization, administrative subpenas and summons, and judicial subpenas. Prescribes civil and criminal penalties for violation of the provisions of this Title.
United States · United States Congress · 30 June 1977
Amends the Tariff Schedules of the United States to exempt certain wearing apparel and footwear assembled with components made in the United States, from the reduced customs duties normally granted products made abroad from components made in the United States.
United States · United States Congress · 21 June 1977
National Weatherization Act - Title I: Utility Program - Amends the Energy Policy and Conservation Act to promote the voluntary submission by a State to the Administrator of the Federal Energy Administration of a residential energy conservation plan for utilities in such State. Requires such plan to direct utilities to implement a program informing residential customers of suggested measures for saving home heating and cooling costs. Permits the Administrator to require a regulated or unregulated utility in a State to offer such program upon the Administrator's determination that such State has not offered such plan for approval or implemented such plan. Title II: Weatherization Grants for the Benefit of Low-Income Families - Amends the Energy Conservation in Existing Buildings Act of 1976 to permit a raise in the eligible income level for weatherization grants to low-income families. Expands the definition of the term "weatherization materials" in such Act to include additional devices and technologies. Limits the amount of financial assistance available under such Act that may be spent on weatherization materials and specified accompanying costs. Amends the Housing Act of 1949 to require the Secretary of Agriculture to conduct a weatherization program financing the installation of weatherization materials in farm residences occupied by low-income people. Title III: Secondary Financing and Loan Insurance for Energy Conserving Improvements - Amends the Federal National Mortgage Association Charter Act to direct the Federal National Mortgage Association to purchase loans insured under the National Housing Act and made to low- and moderate-income families for the installation of energy conserving improvements in residences owned by such families. Permits the Secretary of Housing and Urban Development to insure a loan for the installation of energy conserving improvements. Specifies the eligibility conditions of such loan. Allows the Government National Mortgage Association to have standby authority to purchase loans for energy-conserving improvements. Title IV: Miscellaneous - Permits the Secretary of Housing and Urban Development to enter into annual contributions contracts for low-income projects to finance the installation of energy- conserving improvements. Directs the Secretary of Agriculture to promote the use of energy saving techniques through minimum property standards established for new rural residential housing assisted under the Housing Act of 1949. Amends the National Housing Act to permit specified increased amounts of assistance if such increase results from increased cost of a residence or project due to the installation of a solar energy system. Directs the Secretary of Housing and Urban Development to conduct a study for determining the necessity of a mandatory Federal requirement that all residential dwelling units meet energy efficient standards.
United States · United States Congress · 23 May 1977
International Banking Act - Amends the Federal Reserve Act to permit foreign banks to establish and operate Federal branches in any State in which it is not prohibited for a foreign bank to establish such a branch upon receipt of approval from the Comptroller of the Currency. Sets forth considerations which the Comptroller must take into account in determining whether to permit foreign banks to operate under this Act. Permits the Comptroller, in his discretion to waive specified citizenship requirements with respect to directors of associations which are subsidiaries or affiliates of foreign banks. Permits a foreign bank, with the approval of the Comptroller, to convert any branch operated pursuant to State law into a Federal branch or agency. Terminates the authority to operate a Federal Federal branch when (1) the parent bank voluntarily relinquishes it; (2) the parent bank is dissolved; (3) the Comptroller has reasonable cause to believe that a foreign bank has not complied with the provisions of this Act and revokes the authority to operate a Federal branch; or (4) when a conservator is appointed for such foreign bank. Prohibits any branch from accepting deposits of United States citizens, residents, or businesses whose principal place of business is in the United States unless the branch maintains a surety bond or pledge of assets with the Federal Deposit Insurance Corporation. Sets forth the assets which foreign banks are required to keep or deposit before the Federal branch may accept deposits of United States residents or businesses. Prohibits foreign banks from retaining interests in non-banking companies or from participating in non-banking activities with specified exceptions. Requires the Secretary of the Treasury (1) to issue guidelines with respect to the entry of foreign banking organizations into banking in the United States; and (2) to assist Federal and State banking agencies in acting on applications for the establishment of branches by foreign banks. Requires each foreign bank that maintains an office other than a branch in an State to register with the Secretary of the Treasury; the Secretary of State, and the Board of Governors of the Federal Reserve System. Makes provisions for the enforcement of this Act.
United States · United States Congress · 16 May 1977
Amends the Rules of the House of Representatives to transfer the responsibility for investigating Communist and subversive organizations affecting the internal security of the United States to a standing Committee on Internal Security established by this Resolution. Confers upon such committee the responsibility for investigating all organizations within the United States aimed at overthrowing or altering the Government of the United States by force, insurrection or other unlawful means or inciting or employing violence to obstruct the authority of the Federal Government with respect to matters of internal security of the United States.
United States · United States Congress · 12 May 1977
Unvouchered Expenditure Control Act - Prohibits the expenditure of Federal moneys, not otherwise provided for by law, which are not made pursuant to procedures providing for a voucher describing the payee and items or services for which payment is being made. Requires all appropriations, not made under a law which provides otherwise, to provide for voucher requirements for expending such moneys appropriated. Requires the Comptroller General to audit all programs subject to this Act.
United States · United States Congress · 21 April 1977
Unvouchered Expenditure Control Act - Prohibits the expenditure of Federal moneys, not otherwise provided for by law, which are not made pursuant to procedures providing for a voucher describing the payee and items or services for which payment is being made. Requires all appropriations, not made under a law which provides otherwise, to provide for voucher requirements for expending such moneys appropriated. Requires the Comptroller General to audit all programs subject to this Act.
United States · United States Congress · 21 April 1977
Unvouchered Expenditure Control Act - Prohibits the expenditure of Federal moneys, not otherwise provided for by law, which are not made pursuant to procedures providing for a voucher describing the payee and items or services for which payment is being made. Requires all appropriations, not made under a law which provides otherwise, to provide for voucher requirements for expending such moneys appropriated. Requires the Comptroller General to audit all programs subject to this Act.
United States · United States Congress · 20 April 1977
Allows any Federal employee or Member of Congress who is a Japanese-American World War II internee to credit, for civil service retirement purposes, the period during which such individual was detained or interned in a camp or similar facility.
United States · United States Congress · 6 April 1977
Civil Rights Amendments - Amends the Civil Rights Act of 1964 to prohibit discrimination on the basis of marital status in: (1) public accommodations; (2) public facilities; (3) public education; and (4) federally assisted opportunities. Prohibits such discrimination in housing. Amends the Education Amendments of 1972 to prohibit such discrimination in federally assisted education.
United States · United States Congress · 6 April 1977
Creates a Select House Committee on Population to conduct an investigation and study of: (1) the major adverse effects of current population growth throughout the world; (2) approaches which have been shown to be effective in coping with excessive population growth; and (3) means to encourage countries with excessive population growth rates to adopt methods proven to be successful in reducing population growth rates.
United States · United States Congress · 22 March 1977
Amends the Occupational Safety and Health Act to exclude from coverage (1) employers with ten or fewer employees; and (2) employees not employed on a regular basis for 30 or more consecutive days. Requires that a warning rather than a citation be given for a first instance violation, other than a willful or serious violation, to an employer who has not employed more than 25 employees at any time during the 30 days prior to an inspection or investigation. Prohibits the imposition of a civil penalty against an employer for a nonserious violation if (1) such employer has not previously received a citation for the same violation; and (2) the inspection upon which such citation was based resulted in the issuance of citations for ten or or fewer violations of a nonserious nature.
United States · United States Congress · 14 March 1977
Unvouchered Expenditure Control Act - Prohibits the expenditure of Federal moneys, not otherwise provided for by law, which are not made pursuant to procedures providing for a voucher describing the payee and items or services for which payment is being made. Requires all appropriations, not made under a law which provides otherwise, to provide for voucher requirements for expending such moneys appropriated. Requires the Comptroller General to audit all programs subject to this Act.
United States · United States Congress · 1 March 1977
Amends the Bankruptcy Act to establish in the order of payment out of bankrupt estates, a priority for consumers on account of a deposit of money made in connection with the purchase, lease, or rental of goods or services for personal, family or household use which were not delivered; or on account of a cause of action based on breach of warranty of fitness or merchantability or breach of express warranty or service contract with respect to the purchase, lease, or rental of goods or services for personal, family, or household use.
United States · United States Congress · 1 March 1977
Amends the Internal Revenue Code to allow employers a refundable income tax credit for 50 percent of the wages paid new employees during the taxable years for work done in the United States. Limits the credit taken to $80,000. Limits the number of employees for whom credit may be taken to ten new employees, or the maximum number of employees paid by the taxpayer during the calendar quarter ending the previous June 30th, whichever number is less. Directs the Secretary to submit reports to Congress, in 1978 and 1980 assessing the impact of this credit.
United States · United States Congress · 17 February 1977
National Consumer Cooperative Bank Act - Title I: National Consumer Cooperative Bank - Establishes the National Consumer Cooperative Bank to: (1) encourage the development of cooperatives eligible for its assistance by providing specialized credit and technical assistance; (2) maintain broad-based control of the Bank by its voting stockholders; (3) encourage broad-based ownership control and active participation by members in eligible cooperatives; (4) assure that the net savings from operations and the operations of borrowers from the Bank are made available or accounted for to the stockholders or members; and (5) assist in improving the quality and availability of goods and services to consumers. Authorizes the creation of no less than four nor more than twelve corporate regional banks. States that the Bank shall have the power to make and service loans, commitments for credit, guarantees, furnish financially related services, technical assistance, and issue obligations. Enumerates additional powers necessary to carry out its powers and duties. Requires the Bank to hold an annual meeting of stockholders. Permits the Bank to obtain funds through the public or private sale of its bonds, debentures, notes, and other evidences of indebtedness. Authorizes the Bank to make loans to eligible organizations which shall be repayable in not more than 40 years. States that the objective of the Bank shall be to provide the type of credit needed by eligible borrowers, at the lowest reasonable cost on a sound business basis, taking into account the cost of money to the Bank. Defines "eligible cooperatives" for purposes of assistance under this title. Title II: Self-Help Development Fund - Establishes in the Treasury a Consumer Cooperative Self-Help Development Fund. Permits the Cooperative Bank and Assistance Administration to make a capital investment advance out of the Fund to any eligible cooperative if the Administration determines that the applicant's initial or supplemental capital requirements exceed its ability to obtain a Title I loan from the Bank or other sources, and the membership of the applicant consists substantially of low-income persons. Title III: Cooperative Technical Assistance - Directs the Cooperative Bank and Assistance Administration to make available information and services concerning the organization or reorganization of cooperatives to best achieve the objectives of this Act and to best provide the means through which various types of goods, services, and facilities can be made available to members and patrons. States that such assistance may include investigations, surveys, and director and management training and assistance. Title IV: The Cooperative Bank and Assistance Administration and General Provisions - Establishes the Cooperative Bank and Assistance Administration. Directs the Administration to assure that the objectives of this Act are carried out. States that until the stock of the Bank held by the United States has been fully retired the Bank shall be exempt from any form of taxation. Requires the Administration and the Board to report annually to the appropriate committees of Congress on the activities of the Administration and on the Bank's capital, operations, financial condition, the self-help development fund, and to make recommendations for legislation to improve its services.
United States · United States Congress · 16 February 1977
Amends the Internal Revenue Code to allow employers a refundable income tax credit for 50 percent of the wages paid new employees during the taxable years for work done in the United States. Limits the credit taken to $80,000. Limits the number of employees for whom credit may be taken to ten new employees, or the maximum number of employees paid by the taxpayer during the calendar quarter ending the previous June 30th, whichever number is less. Directs the Secretary to submit reports to Congress, in 1978 and 1980 assessing the impact of this credit.
United States · United States Congress · 9 February 1977
Amends the Internal Revenue Code to allow employers a refundable income tax credit for 50 percent of the wages paid new employees during the taxable years for work done in the United States. Limits the credit taken to $80,000. Limits the number of employees for whom credit may be taken to ten new employees, or the maximum number of employees paid by the taxpayer during the calendar quarter ending the previous June 30th, whichever number is less. Directs the Secretary to submit reports to Congress, in 1978 and 1980 assessing the impact of this credit.
United States · United States Congress · 9 February 1977
Amends the Internal Revenue Code to allow employers a refundable income tax credit for 50 percent of the wages paid new employees during the taxable years for work done in the United States. Limits the credit taken to $80,000. Limits the number of employees for whom credit may be taken to ten new employees, or the maximum number of employees paid by the taxpayer during the calendar quarter ending the previous June 30th, whichever number is less. Directs the Secretary to submit reports to Congress, in 1978 and 1980 assessing the impact of this credit.
United States · United States Congress · 7 February 1977
Amends Title XI (General Provisions and Professional Standards Review) of the Social Security Act to require the inclusion of professional registered nurses in Professional Standards Review Organizations of medical professionals in carrying out the functions of such review organizations pursuant to such Title. Requires the inclusion of two professional registered nurses on the Statewide Professional Standards Review Councils. Requires the inclusion of three professional registered nurses on the National Professional Standards Review Council. Includes professional registered nurses in that class of health care practitioners which may not be held civilly liable for action taken in compliance with or reliance upon norms of care and treatment applied by a Professional Standards Review Organization.
United States · United States Congress · 31 January 1977
Amends the Internal Revenue Code to allow employers a refundable income tax credit for 50 percent of the wages paid new employees during the taxable years for work done in the United States. Limits the credit taken to $80,000. Limits the number of employees for whom credit may be taken to ten new employees, or the maximum number of employees paid by the taxpayer during the calendar quarter ending the previous June 30th, whichever number is less. Directs the Secretary to submit reports to Congress, in 1978 and 1980 assessing the impact of this credit.
United States · United States Congress · 19 January 1977
Natural Gas Act Amendments - Amends the Natural Gas Act to terminate Federal Power Commission authority to regulate sales of new natural gas in interstate commerce. Stipulates that prices for offshore sales of new natural gas shall not exceed the ceiling price for sales of new natural gas produced from onshore Federal lands. Stipulates that emergency sales of natural gas to curtailed customers who qualify as essential users shall not affect such exempt status. Authorizes the Commission to terminate such exemptions on or after April 15, 1978, if they are no longer deemed necessary to protect high priority consumers of natural gas. Directs the Federal Power Commission to conduct studies and make reports regarding the nature and availability of natural gas reserves. Requires that the Commission keep current information available relating to the estimated natural gas reserves for individual fields. Establishes procedures for the establishment of ceiling prices for new natural gas produced from offshore Federal lands through December 31, 1982. Authorizes the Commission to grant exemptions to price ceilings within high-cost production areas. Establishes procedures for adjustments to price ceilings established pursuant to this Act. Directs the Commission to prohibit the curtailment of adequate supplies of natural gas for essential agricultural purposes. Directs the Commission to prohibit the use of natural gas as boiler fuel where adequate alternatives are available. Authorizes exemptions from such prohibition where necessary to comply with pollution control or environmental protection and safety standards.
United States · United States Congress · 19 January 1977
Natural Gas Temporary Purchase Act - Amends the Natural Gas Act to direct the Federal Power Commission to exempt from regulation sales of natural gas to interstate pipelines where such natural gas was not committed to interstate commerce prior to promulgation of such regulation and where the pipeline company is curtailing deliveries of natural gas supplies.
United States · United States Congress · 17 January 1977
Terminates the authority of Members of Congress and Delegates to Congress from the various territories to make appointments to the various service academies. Terminates the authority of the Secretaries of the military departments to appoint members of the reserve components of the armed forces to the academies except under certain circumstances. Directs the Board of Visitors of the Military, Naval, and Air Force academies to inquire into the admission policy and procedure of these academies on their annual visit and to send their annual report to the Congress as well as the President. Directs the Board of Visitors of the Coast Guard and Merchant Marine academies to inquire into specified subject areas including admission policies and procedures on their annual visit and to report to the Congress as well as the President regarding their findings. Amends the Merchant Marine Act, 1936 to accomplish the purposes of this Act with respect to the Merchant Marine Academy.
United States · United States Congress · 30 September 1976
Unvouchered Expenditure Control Act - Prohibits the expenditure of Federal moneys, not otherwise provided for by law, which are not made pursuant to procedures providing for a voucher describing the payee and items or services for which payment is being made. Requires all appropriations, not made under a law which provides otherwise, to provide for voucher requirements for expending such moneys appropriated. Requires the Comptroller General to audit all programs subject to this Act.
United States · United States Congress · 1 September 1976
Condemns North Korea for its continued acts of treachery culminating in the axe murders of two American officers and the wounding of five others. Directs the Speaker of the House to make known the regrets of the House to the wives and children and other survivors of Major Bonifas and Lieutenant Barrett.
United States · United States Congress · 1 September 1976
Directs the House Committee on Armed Services to make a study of the murder by members of the North Korean Armed Forces serving as guards at Panmunjom of two American Army officers attached to the United Nations Command, and other recent North Korean violations of the armistice agreement. Requires the committee to transmit a report to the House containing a statement of the findings of the committee no later than January 3, 1977.
United States · United States Congress · 1 September 1976
Expresses the sense of the Congress that the President should take such steps as may be necessary to place the threat to the peace created by the murder of two American Army officers attached to the United Nations Command by members of the North Korean Armed Forces serving as guards at Panmunjom, and other recent North Korean violations of the armistice agreement, on the agenda of the United Nations.
United States · United States Congress · 26 August 1976
Authorizes the President to issue a proclamation designating the week beginning October 3, 1976, and ending October 9, 1976, as "National Volunteer Firemen Week."
United States · United States Congress · 30 July 1976
Expresses the sense of the House of Representatives that the Secretary of Agriculture study the impact of the development of the foreign palm oil industry on the domestic vegetable oil industry. Directs the Secretary, if such study justifies, to recommend that the administration negotiate bilateral agreements with the principal palm oil producing countries to provide reasonable restraints against excessive imports of palm oil into the United States.
United States · United States Congress · 30 July 1976
Directs the Secretary of Agriculture to study the impact of the development of the foreign palm oil industry on the domestic vegetable oil industry and submit his recommendations to the National Advisory Council on International Monetary and Financial Policies. Requires the Secretary of the Treasury to instruct the United States Executive Director in each of the international financial institutions to oppose new proposals for palm oil development loans.
United States · United States Congress · 26 July 1976
Small Business Growth and Job Creation Act - Title I: Small Business Independence and Continuation - Amends the Internal Revenue Code to establish graduated corporate income tax rates. Changes the holding period for capital assets from six months to one year. Establishes a new alternative tax on capital gains. Increases the estate tax exemption from $60,000 to $180,000. Establishes a new rate schedule for the estate tax. Increases the gift tax exclusion from $3,000 to $9,000, and the gift tax exemption from $30,000 to $90,000. Replaces the present gift tax schedule with a flat rate of 75 percent of whatever the estate tax on such a sum would be. Provides that a distribution of property by a corporation in redemption of stock to pay death taxes shall be treated as a distribution in full payment in exchange for the stock if all of the stock of such corporation which is included in determining the value of the decedent's gross estate is either, (1) more than 20 percent (generally, 35 percent), of the value of the gross estate of such decedent, or (2) more than 40 percent (generally, 50 percent) of the taxable estate of such decedent. Provides that if stock in a corporation is sold by a shareholder owning stock representing more than 30 percent of the fair market value of all outstanding stock of the corporation whose stock is being sold, the gain from such sale shall be recognized only to the extent that the taxpayer's sale price exceeds the cost of replacement property purchased by the taxpayer within two years. Defines "replacement property" as property which is held for the production of income or which is held for investment. Allows the executor of an estate involving an interest in a closely held business to elect to include in the value of the gross estate the decedent's basis in such business rather than the fair market value of such interest. States that the basis of property acquired from a decedent as to which such an election was made shall be the decedent's basis in such property rather than the fair market value of such interest. Allows the marital deduction of the estate tax to exceed 50 percent of the value of the adjusted gross estate when an interest in a specially defined small business is included in the estate. Title II: Small Business Growth Incentives - Allows a taxpayer to choose the cash method of accounting in any case where inventory is an income determining factor and the ending inventory for the taxable year does not exceed $200,000. Provides a deferred tax credit against taxable income for unincorporated businesses. Establishes a graduated investment tax credit. Amends the definition of a small business corporation to allow domestic corporations with up to 20 shareholders (presently, ten) to qualify for subchapter S treatment. Allows a small business to make a subchapter S election at any time during the taxable year. Allows to a business a credit equal to 50 percent of the wages paid during the taxable year to new employees, up to two employees and $20,000 for the taxable year. Allows a similar credit for new disadvantaged employees up to a maximum of $60,000 per taxable year. Allows the practical cost recovery method to be used in computing depreciation. Title III: Small Business Tax Simplification - Allows a corporation to file an application for refund of overpayment of estimated income tax at any time during the taxable year. Provides a special rule for treatment of net operating loss adjustments in the case of new corporations. Increases the minimum credit on accumulated earnings from $150,000 to $500,000. Redefines "section 1244 stock" to mean common stock in a corporation if: (1) such corporation during its preceding taxable year derived more than 50 percent of its aggregate gross receipts from sources other than royalties, rents, dividends, interest, annuities, and sales or exchanges of stock or securities; and (2) the equity capital of such corporation does not exceed $1,000,000. Increases the losses on section 1244 stock which may be treated as ordinary losses (rather than capital losses) from $25,000 to $50,000.