The world's political record
Person
![Official portrait of Rep. Drinan, Robert F. [D-MA-4]](https://www.congress.gov/img/member/d000499_200.jpg)
United States · Official source
1,844 records where Rep. Drinan, Robert F. [D-MA-4] is listed as a sponsor, author, or other actor. Search with topics and years
United States · United States Congress · 23 January 1975
Requires that each admission to the military service academies shall be made without regard to a candidate's sex, race, color, or religious beliefs.
United States · United States Congress · 23 January 1975
Provides that no public funds be used for the purpose of transporting chemical nerve agents to or from any military installation in the United States for storage or stockpiling purposes unless it is the sense of the Congress to do so.
United States · United States Congress · 23 January 1975
Establishes weight restrictions for vehicles on the Interstate System. Provides that no funds authorized to be appropriated for any fiscal year under the Federal-Aid Highway Act shall be apportioned to any State within the boundaries of which the Interstate System may lawfully be used by vehicles in excess of the established weight limitation.
United States · United States Congress · 23 January 1975
Truth in Savings Act - Declares that economic stability would be enhanced and competition among savings institutions improved by full disclosure of the terms and conditions under which earnings on savings deposits are payable. Declares the purpose of this Act to be the meaningful disclosure of terms and conditions of the payment of earnings on individual savings deposits. Establishes a method to determine annual percentage rate, periodic percentage rate, and annual percentage yield. Confers on the Federal Reserve Board authority to issue appropriate regulations which provide for uniform disclosures and regulations as the Board determines are necessary. Establishes disclosure requirements to be applied to any individual at a time before he initially places funds in an individual savings deposit in a savings institution. Authorizes the Federal Reserve Board to establish additional disclosure requirements. Requires a savings institution to notify its depositors 10 days in advance of any change in policy or procedure with respect to any item of information required to be disclosed. Requires advertisements relating to the earnings payable on an individual savings deposit to state with equal prominence the annual percentage rate and the annual percentage yield. Prohibits any indication of any percentage rate or percentage yield based on a period in excess of one year or based on the effect of any grace period. Establishes the governmental agencies which have responsibility for enforcing compliance with the requirements of this Act. Establishes civil liability for a savings institution which fails to comply with this Act. Permits savings institution to avoid liability if it notifies individuals of errors within 15 days of discovery or if a preponderance of evidence shows that error was, unintentional and resulted from a bona fide error. Provides a maximum $5,000 fine for willful and knowing violation of the requirements of the Act. Authorizes the Board to obtain the view of any other Federal or State agency exercising regulatory or supervisory functions with respect to any class of savings institutions subject to this Act. Limits effect of the Act on pertinent State laws and on the validity and enforceability of any contract or obligation under State or Federal law. Requires the Board to make an annual report to Congress concerning the administration of its functions under this Act. Provides for the continued validity of the remainder of this Act should any provision be held invalid.
United States · United States Congress · 23 January 1975
Allows a deduction from gross income under the Internal Revenue Code for social agency, legal, and related expenses incurred in accordance with applicable State or Federal law in connection with the adoption of a child by the taxpayer.
United States · United States Congress · 23 January 1975
Youth Camp Safety Act - Makes it the purpose of this Act to protect and safeguard the health and well-being of youth attending day camps, resident camps, and travel camps by providing for the establishment of Federal standards for the safe operation of youth camps. Establishes in the Office of the Secretary of Health, Education, and Welfare an Office of Youth Camp Safety to be headed by a Director of Youth Camp Safety. Confers upon the Director the primary responsibility for the promulgation and enforcement of Federal and State youth camp safety regulations. Requires any State which desires to assume responsibility for the development and modification of youth camp safety standards to submit a State plan to the Director for his approval. Allows a State whose plan has been rejected to obtain review of the decision in the United States Court of Appeals. Authorizes the Director to make grants to States which have in effect approved State plans, such grants not to exceed eighty percent of the cost of carrying out the State plan. Authorizes to be appropriated $7,500,000 for fiscal year 1975, and for each succeeding fiscal year, to make the grants provided for in this Act. Authorizes the Director to enter and inspect youth camps and their records. Directs the Director to establish within the Department of Health, Education, and Welfare an Advisory Council on Youth Camp Safety and to submit to Congress at least once a year a comprehensive and detailed report on his administration under this Act. Prescribes penalties for each violation by youth camp operators of the standards promulgated pursuant to this Act. Authorizes the Director to request directly from any department or agency of the Federal Government information, suggestions, estimates, and statistics needed to carry out his functions under this Act; and such department or agency is authorized to furnish such information, suggestions, estimates, and statistics directly to the Director.
United States · United States Congress · 20 January 1975
Provides that the charge to a household for its food stamp allotment under the Food Stamp Act of 1964 shall not exceed the lesser of (1) the level established as of January 1, 1975, or (2) 25 percent of the household's income. Provides that, effective July 1, 1975, households in which all members receive supplemental security income benefits under the Aid to the Aged, Blind, or Disabled program of the Social Security Act, or households in which all members are included in a federally aided public assistance or general assistance grant shall be certified for participation in the food stamp program under this Act. States that certification of all other households shall be based on the uniform national standards for eligibility required to be established under this Act.
United States · United States Congress · 20 January 1975
Prohibits the imposition by the President of any tariff, fee or quota upon petroleum imports under the Trade Expansion Act of 1962, unless the Congress first approves such imposition by concurrent resolution.
United States · United States Congress · 20 January 1975
Designates January 15, the birthday of Martin Luther King, Junior, as a legal public holiday.
United States · United States Congress · 20 January 1975
Allows any nonimmigrant foreign student to be employed, with the approval of the school attended by such student: (1) during any regularly scheduled school vacation; or (2) during any school term during which such person is not enrolled, if the institution determines that he continues to qualify as a full-time student.
United States · United States Congress · 20 January 1975
Provides that the advertising of alcoholic beverages is not a deductible business expense under the Internal Revenue Code.
United States · United States Congress · 20 January 1975
Provides that no new tariff, fee or other charge, no increase in existing tariffs, fees or other charges, and no new quota or other limitation on imports of crude oil or petroleum product other than those in effect on January 1, 1975, may be imposed unless: (1) such action is specifically authorized by law enacted after the date of enactment of this joint resolution; or (2) sixty days after the date of enactment of this joint resolution the specific action proposed to be taken is submitted to both Houses of the Congress. States that if such action is disapproved by either House within a thirty-day review period, no officer or agency shall have authority to take any action inconsistent with the provisions of this joint resolution.
United States · United States Congress · 20 January 1975
Expresses the sense of Congress that the contingent of United States troops stationed in Europe be substantially reduced and that such reductions be accomplished in stages over the next one and one-half years.
United States · United States Congress · 20 January 1975
Expresses the sense of the Congress that the President should not impose any tariff or other import restriction on petroleum or petroleum products before April 1, 1975, so as to give the Congress a reasonable period of time in which to act legislatively on such matter if it determines such action is necessary.
United States · United States Congress · 17 January 1975
Provides for the relief of Kevin Patrick Saunders.
United States · United States Congress · 17 January 1975
Provides for the relief of Benjamin R. Lucardie.
United States · United States Congress · 17 January 1975
Establishes the Nantucket Sound Islands Trust to provide for the preservation and conservation of the Nantucket Sound Islands. Creates the Nantucket Sound Islands Trust Commissions to be composed of members as specified in this Act. Sets forth the boundaries of the Trust and provides for the classification of Trust islands. Authorizes to be appropriated such sums as may be necessary to carry out the provisions of this Act, not to exceed, $20,000,000 for the acquisition of land and interests therein, and not to exceed $5,000,000 for development for the first three years of the operation of the Trust.
United States · United States Congress · 17 January 1975
Denies a tax deduction for any expenditure of any oil company for advertising not directly related to the sale of products or services under the Internal Revenue Code States that this prohibition shall not be construed to apply to the allowance of a deduction for expenses incurred in appearances before the committees, or individual Members of Congress or of any body of a State.
United States · United States Congress · 17 January 1975
Establishes the Frederick Law Olmsted Home and Office in Brookline, Massachusetts, as a national historic site. Authorizes the Secretary of the Interior to administer this Act, and creates an Advisory Commission to assist him. Authorizes necessary appropriations to carry out this Act.
United States · United States Congress · 17 January 1975
Provides for the relief of Mina Cooper.
United States · United States Congress · 17 January 1975
Equal Opportunity and Full Employment Act - Directs the President, with the assistance of the Council of Economic Advisors, to transmit annually a full employment and production program to the Congress. Sets forth a summary of the content to be contained in such annual report. Provides for annual Labor Reports of the President. Requires the Labor Reports to provide detailed attention on a continuing and progressively analytical basis to the changing volume and composition of the American labor supply. Renames the United States Employment Service as the United States Full Employment Service. Creates a Job Guarantee Office in the United States Full Employment Office headed by a Job Guarantee Officer whose responsibility is to provide useful and rewarding employment for any American, able and willing to work but not yet working, unable otherwise to obtain work, and applying to such office for assistance. Directs the Job Guarantee Office to carry out responsibilities under this Act upon the recommendation and approval of the local planning councils. Requires that each Job Guarantee Office in carrying out its responsibilities shall insure that among projects planned that adequate consideration be given to such individuals and groups as may face special obstacles in finding and holding useful and rewarding employment and shall provide or have provided through the coordination of existing programs special assistance including but not limited to counseling, training, and, where necessary, transportation and migration assistance. Provides that such individuals and groups shall include (1) those suffering from past or present discrimination or bias on the basis of sex, age, race, color, religion, or national origin; (2) older workers and retirees; (3) the physically or mentally handicapped; (4) youths to age 21; (5) potentially employable recipients of public assistance; (6) the inhabitants of depressed areas, urban and rural; (7) veterans of the Armed Forces; (8) people unemployed because of the relocation, closing, or reduced operations in industrial or military facilities; and (9) such other groups as the President or the Congress may designate from time to time. Directs that each Job Guarantee Office may, subject to the limitations specified in this Act, enter into agreements with public agencies and private organizations operating on a profit, nonprofit, or limited-profit basis. Requires such agreements to contain assurances that the agency or organization will: (1) provide an annual independent audit to the Job Guarantee Office; and (2) not discriminate on the grounds of sex, age, race, color, religion, or national origin in the administration of any program encompassed within the agreement. Directs the Job Guarantee Office to: (1) refer jobseekers to the private sector and general public sector employment placement facilities of the Full Employment Service (other than as supplemented by this Act); and (2) directly refer jobseekers for placement in positions on projects drawn from the reservoir of public service and private employment projects. Provides that anyone who presents himself or herself in person at the full Employment Office shall be considered prima facie "willing and able" to work. Provides that this stipulation specifically shall include persons with impairments of sight, hearing, movement, coordination, mental retardation, or other handicaps. Directs that this stipulation be implemented by the Job Guarantee Officer, prusuant to regulations issued by the Secretary. Establishes a Standby Job Corps which shall consist of jobseekers registered pursuant to this Act. Provides that such Corps shall be available for public service work upon projects and activities that are approved as a part of community public service work reservoirs established by community boards pursuant to this Act. Directs the Secretary, by regulation, to provide for: (1) a requirement that jobseekers registered in the Standby Job Corps maintain a status of good standing, which status shall include attendance and performance standards; and (2) a system of compensation for Corps members. Provides that no Standby Job Corps members shall be paid less than the minimum wage in effect in the area. Directs the Joint Economic Committee to: (1) annually review the activities of the executive branch under all sections of this Act; (2) regularly conduct on its own behalf, or in cooperation with or through the facilities of the appropriate legislative committees or subcommittees of the Senate and the House, public hearings in as many labor market areas as feasible; and (3) annually report upon, with its own conclusions and recommendations, the development and administration of the policies and programs mandated by this Act. Establishes a National Institute for Full Employment within the Department of Labor, under a director to be appointed by the Secretary of Labor, and to operate in continuing consultation with a National Commission for Full Employment Policy Studies. Authorizes and directs the Institute to make, or have made through grants to or contracts with individual researchers and private or public research organizations, universities, and other Government agencies, studies that shall include, but need not be limited to, such subjects as: (1) the policies and programs needed to reduce whatever inflationary pressures may result from full employment to manage any such inflationary pressures through appropriate fiscal policies and indirect and direct controls, and to protect the weaker groups in society from whatever inflationary trends cannot be avoided or controlled; (2) the identification of human potentialities that are hidden, undeveloped, or underdeveloped because of the lack of suitable job opportunities, encouragement, education, or training and of various ways of releasing such potentialities; (3) the forms of education and training needed to help provide people with the skills, knowledge, and values required by existing employment opportunities and technologies and needed to assist in developing such new types of goods, services, technologies, and employment opportunities as may better meet human needs; and (4) the policies and programs needed to substantially eliminate substandard employment, wages, and working conditions and the techniques for establishing standards for employment, wages, and working conditions in accordance with changing levels of national output and resources, and regional variations in output. Authorizes the appropriation for fiscal year 1976, and for each succeeding fiscal year of such sums as may be needed to carry out this Act.
United States · United States Congress · 17 January 1975
Imposes increased taxes, under the Internal Revenue Code, on cigarettes of $0.50 more per thousand on small cigarettes and $1.05 more per thousand on large cigarettes, the proceeds, coupled with additional appropriations authorizations, to be used in part for programs respecting lung and blood diseases.
United States · United States Congress · 17 January 1975
Handgun Control Act - Makes it unlawful with specified exceptions, for any person to import, manufacture, sell, buy, transfer, receive, transport own, or possess any handgun or handgun ammunition. Provides that the Secretary of the Treasury may, consistent with public safety and necessity, exempt from such prohibitions by licensed importers, manufacturers, or dealers, and by pistol clubs licensed under this Act as may in his judgment be required for the operation of such pistol club. Requires a pistol club desiring to be licensed under this Act to file an application for such license with the Secretary. Establishes a $25 annual fee for such license. Directs such clubs to meet various requirements in order to have their applications approved. Provides for administrative and judicial review in the case of a license denial or revocation by the Secretary. Provides that whoever violates any provision of this Act or knowingly makes any false statement or represenation with respect to the information required by the provisions of this Act to be kept in the records of a pistol club licensed under this Act, or in applying for any license under the provisions of this Act, shall be fined not more than $5,000, or imprisoned not more than five years, or both, and shall become eligible for parole as the Board of Parole shall determine. Provides that any handgun involved or used in, or intended to be used in, any violation of the provisions of this Act or chapter 44 (firearms legislation) of title 18, United States Code, or any rule or regulation promulgated thereunder, or any violation of any other criminal law of the United States, shall be subject to seizure and forfeiture. Exempts from the provisions of this Act the importation, manufacture, sale, purchase, transfer, receipt, or transportation of any handgun which the Secretary determines is: (1) being imported or manufactured for, sold, or transferred to, purchased, received, owned, possessed or transported by, or issued for the use of, the United States or any department or agency thereof or any State or any department, agency or political subdivision thereof; (2) a professional security guard service licensed by the State; or (3) a handgun manufactured prior to 1890, which is unserviceable, and intended for use as a curio, museum piece, or collectors' item. Establishes procedures for the reimbursement of a person who voluntarily delivers a handgun to a law enforcement agency. Directs the Secretary to prescribe such rules and regulations as he deems necessary to carry out the provisions of this Act. (Adds 18 U.S.C. 1091-1100).
United States · United States Congress · 17 January 1975
Provides that no sentence of death shall be imposed upon any person convicted of any criminal offense punishable under provision of law of the United States, the District of Columbia, or Puerto Rico, and that no unexecuted sentence of death shall be carried into execution after the enactment of this Act. Reduces all sentences of death to life imprisonment. Directs the Attorney General to transmit to Congress appropriate amendments substituting a sentence of life imprisonment in all provisions of law which relate to the imposition of a sentence of death.
United States · United States Congress · 17 January 1975
Authorizes the Administrator of General Services to dispose of approximately 3,017,820 pounds of tantalum minerals now held in the national stockpile established pursuant to the Strategic and Critical Materials Stock Piling Act.
United States · United States Congress · 17 January 1975
Declares the finding of Congress that widespread wiretapping and electronic surveillance, both by private persons and Government agents under color of law and without pretense of legal excuse or justification, has seriously undermined personal security and often violated fundamental constitutional rights. Declares that no person in any branch of the Federal Government or in any other governmental or private position should be authorized either explicitly or implicitly to violate the constitutional rights of persons by eavesdropping on private conversations through wiretapping and electronic surveillance. Removes the authority granted by Federal law to specified persons to legally intercept wire or oral communications and provides that no willful interception may be made without the consent of all the parties to such communications. Prohibits specified persons, including the U. S. Attorney General, to seek court authorizations for interception of specified communications.
United States · United States Congress · 17 January 1975
Extends the protection of the Executive Protective Service to foreign diplomatic missions located in the United States. (Amends 3 U.S.C. 202, 203) Revises the numerical limitation for employees of the Executive Protective Service to allow the Secretary of the Treasury to determine the number of employees necessary to carry out its functions.
United States · United States Congress · 17 January 1975
Constitutional Amendment - Lowers the age requirements for membership in the House of Representatives to twenty- two years and for membership in the Senate to twenty-seven years.
United States · United States Congress · 17 January 1975
Expresses the sense of the House of Representatives that: (1) a world without war is possible; (2) in such a world nations will rely for their external protection on world institutions strong enough to stop any nation from making war, capable of assuring peaceful and just settlements of international disputes, and reliable enough to be entrusted with such power; and (3) it is the policy of the United States to initiate and to implement with other nations practical steps consistent with our commitment to the United Nations for the expeditious realization of such institutions.
United States · United States Congress · 14 January 1975
National No-Fault Motor Vehicle Insurance Act - Prohibits any person from operating any motor vehicle upon a public street or road unless such vehicle is insured under a qualifying no-fault policy pursuant to regulations prescribed by the Secretary of Transportation or provides a security bond, proof of qualifications as a self insurer, or other securities affording security equivalent to that afforded under a qualifying no-fault policy. Prohibits any State from requiring any insurance inconsistent with a qualifying no-fault policy. Provides for a fine of not to exceed $1,000 or imprisonment for not to exceed six months, or both, for knowingly violating the above requirements. Requires that to be a qualifying no-fault policy an insurance policy must provide benefits as follows except as to the occupants of a motor vehicle other than the insured vehicle or the operator or user of a motor vehicle engaging in criminal conduct, provides that the insurer shall pay, without regard to fault: (1) to any person injured an amount equal to the net economic loss, as defined by this Act, sustained by such person as a result of such injury; and (2) to the legal representative of any person killed for the benefit of the surviving spouse and any dependent, without regard to fault, an amount equal to the net economic loss sustained by such spouse and dependent as a result of the death of such person. Provides for the payments for net economic loss as such losses are incurred except that in the case of death payment may, at the option of the beneficiary, be made immediately as a lump sum payment. Requires, in the case of injury or death to any person, that the insurer pay compensation for damages other than economic loss. Requires the insurer to pay any person for damages to property arising from the use of the insured vehicle. Establishes the statute of limitations for bringing suit under provisions providing compensation for damages other than economic loss at four years from the date of the accident or one year after the last payment for economic loss, whichever is shorter. Allows additional coverages and benefits not inconsistent with the requirements of this Act. Subjects any insurer to a $5,000 civil penalty for each policy issued in violation of this Act and, if such violation is willful, the insurer may be imprisoned for not more than one year. States that an application for a qualifying no-fault policy covering a motor vehicle in a State may not be rejected by an insurer authorized to issue such a policy in such State unless: (1) the principal operator of such vehicle does not have a license which permits him to operate such vehicle; or (2) the application is not accompanied by a reasonable portion of the premium. Provides that a qualifying no-fault policy once issued may not be canceled or refused renewal by an insurer except for: (1) suspension or revocation of the license of the principal operator to operate a motor vehicle; or (2) failure to pay a premium for such policy after a reasonable demand therefor. States that whoever knowingly violates these provisions shall be assessed a civil penalty not to exceed $1,000 for each separate violation. Requires the Secretary of Transportation to promulgate a uniform statistical plan for the allocation and compilation of claims and loss experience data, such plan to be followed by every insurer writing qualifying no-fault policies and by every rating or advisory organization or statistical agent. Requires the Secretary to organize an assigned claims bureau and assigned claims plan in each State, the cost for the maintaining of which shall be assessed against insurers in each State by the appropriate State insurance supervisory authority. Forbids any insurer to write any qualifying no-fault policy unless the insurer participates in the assigned claims bureau in each State in which it writes such policies. Establishes standards by which a claimant may obtain benefits under the assigned claims plan. Allows the awarding of reasonable attorney's fees to any person making a claim under a qualifying no-fault policy.
United States · United States Congress · 14 January 1975
Tax Equity Act - Title I: Capital Gains and Losses - Repeals the alternative tax presently allowed to corporations (and to individuals under specified circumstances) on long-term capital gain arising from: (1) dispositions pursuant to binding contracts and (2) distribution pursuant to liquidation. Provides, in lieu of the present 50 percent deduction for net long-term capital gain, an exclusion of one-third of 1 percent times the number of months long-term capital asset property used in the taxpayer's trade or business was held over 12 months. States that capital losses shall be allowed only to the entent of capital gains for the taxable year (up to $1000 in the case of an individual taxpayer). Provides for the carryover or carryback (to a maximum of 3 taxable years) of net capital losses (allowing carrybacks only if the net capital loss exceeds $10,000). Provides that the basis of specified property personal or household effects, life insurance proceeds, and income rights acquired from a decedent dying after June 30, 1975 shall be the same as the basis in the hands of the decedent plus its proportionate share of the Federal and State estate taxes attributable to the net appreciation in value of all such properties, even if such property is also community property. Requires the executor of an estate to supply specified information, in accordance with regulations to be propounded by the Secretary of the Treasury, with respect to the decedent and the basis of his property. Provides that income from the sale or exchange of patent rights shall be treated as royalties (ordinary income) rather than as gain from the sale or exchange of a capital asset. Title II: Income Derived From Extraction Of Minerals Repeals the percentage depletion allowance for taxable years beginning after December 31, 1974. Provides for the deduction of expenditures (including intangible drilling costs) incurred in the exploration and development of mineral property. Repeals the maximum tax (33 percent on sales of oil and gas properties. Provides an exclusion from gross income of amounts derived from foreign mineral properties, provided that such income is not derived from: (1) a nonoperating mineral interest; (2) distributions received with respect to the stock of a corporation, and (3) amounts includible in gross income as undistributed profits of controlled foreign corporations. Limits the losses allowable from the disposition of mineral property to the extent of the gains from the sale or exchange of such property during the taxable year. Title III: Reform Measures Affecting Primarily Individuals - Provides that the maximum rate of income tax for individuals shall be 50 percent of taxable income. Allows a credit of 24 percent of the amount of deductions which would be allowable, but for this Act, for the following: (1) personal exemptions; (2) interest on non-business obligations; (3) non-business State and local taxes; (4) non-business losses of property; (5) charitable contributions; (6) medical care; and (7) taxes and interest paid by a cooperative housing association. Authorizes the President to increase or decrease the 24 percent credit rate authorized by this Act subject to the disapproval by either House of Congress. States that such increase or decrease may not exceed 2 percentage points. Provides for a reduction in the tax rates applicable to those earning less than $10,000 per year. States that the income received by a child from a trust created by his parent, and dividends, interest, and royalties from property given the child by his parents shall be includible in the gross income of the parent if the claims a credit for the exemption allowable for such child as a dependent. Provides that share holder-employees of closely held corporations must include in gross income that part of of contributions paid by an employer-corporation (and deductible by it) to trusts, annuities, or bond purchase plans for the benefit of the sharehaolder-employee in excess of: (1) 15 percent of his compensation; or (2) $7500, and the amount of any forfeitures allocated to the employee's account under a stock bonus or profit-sharing plan. Repeals the $100 exclusion from gross income for dividends and trust income. Limits the deduction of interest on investment indibtedness to $5000 plus the amount of the net investment income. Restricts the business and income-producing expense deduction for business or trade-related conventions held outside of the United States to the cases where it is more reasonable for the meeting to be held outside of the United States than within the United States. Disallows business expense deductions for the use of a dwelling unit which is used by the taxpayer during the taxable year as a residence. Limits deductions attributable to farming to the gross income derived from farming for the taxable year, and, in the case of an individual, the higher of $10,000 on the amount of special deductions allowable. Provides for the computation of earings and profits on a consolidated basis with respect to distributions by the common parent corporation of a controlled group of corporations. Terminates the preferential tax treatment presently accorded to qualified stock options and restricted stock option plans under the Internal Revenue Code. Taxes trust income payable to the children of the grantor to the grantor if the child is under 21 years of age or a student. Provides that the deductible losses of a limited partner in a partnership cannot exceed his or her investment. Repeals the exemption for earned income from foreign sources. Provides that a partnership shall be treated as a corporation for purposes of income taxation upon filing of a registration statement for the offering of units of interest in a partnership with the Securities Exchange Commission. Title IV: Reform Measures Affedting Primarily Corporations - Repeals the investment credit for business property placed in service after Jan. 1, 1976. Repeals the Asset Depreciation Range System. States that, in the case of a corporation, the depreciation allowance shall not exceed the depreciation recorded on the corporation's books. Provides also that the deduction for repair expenses shall be limited to the amount recorded on the corporation's books. Limits the deduction on the aggregate amount of dividends received to 85 percent of taxable income computed without regard to specified deductions. Repeals the provision allowing nonrecognition of gain on the sale of inventory in specified cases. Denies, in the case of corporate reorganization, tax-free exchange treatment to investment companies. Disqualifies transactions which result in the shareholders of a merging corporation owning less than 20 percent of the total combined voting power of all classes of stock of the surving corporation as reorganizations. Repeals the special treatment of bad debt reserves of financial institutions. Repeals the special deductions for Western Hemisphere trade corporations. Taxes the undistributed profits of foreign corporations to such corporations' United States shareholders based on each shareholder's pro rata share of such undistributed profits. Repeals the tax exemption presently permitted to Domestic International Sales Corporations. Title V: Reforms Affecting Individuals And Corporations - Reduces the exemption from the 10 percent minimum tax on items of tax preference from $30,000 to $12,000. Subjects interest on governmental obligations, mineral exploration and development expenditures, and foreign tax credits to the minimum (10 percent) tax on preferences. Provides that the difference between the cost to a shareholder of the use of corporate property and the fair market value of such use shall be includible in the gross income of the shareholder. Limits the allowable depreciation deduction for rental real estate to an amount which will not reduce the adjustment basis to an amount below any mortgage indebtedness on such property. Reduces the deduction of charitable gifts of appreciated property tothe amount of the property's basis at the time of the gift. Provides that the foreign tax credit shall not include foreign taxes paid or accrued on any item excluded from gross income or gain not recognized under the Internal Revenue Code. Limits the foreign tax credit to that proportion of the tax imposed under the Internal Revenue Code which the taxpayer's taxable income from sources outside the United States bears to his entire taxable income. Title VI: Estate and Gift Tax Amendments - Provides for the integration of the estate tax rate with the rate schedule applied to the amount of adjusted inter vivos gifts ( the amount of such gifts to be computed according to a formula set forth in this Act). Limits the aggregate amount of charitable deductions allowed under the estate tax provision to $50 percent of the amount by which the value of the gross estate exceeds the aggregate amount of deductions for expenses, indebtedness, taxes, and casualty losses incurred during the settlement of the estate. Title VII: State and Local Obligations - Repeals the exemption for interest on state and local obligations issued after December 31, 1975. Directs the United States to pay 40 percent of the interest yield on state and local obligations. Title VIII: Withholding Of Income Tax On Dividends And Interest - Directs every person who pays interest or dividends to deduct and withhold on such interest or dividends a tax equal to 10 percent of the amount thereof: Defines the terms "interest" and "dividend" for this purpose. Directs every person required to deduct and withhold any tax to make quarterly returns of such tax to the appropriate officer.
United States · United States Congress · 14 January 1975
Prescription Drug Price Information Act - Requires drug retailers to post prominently a list of the prices of the one hundred prescription drug products that had the highest dollar volume of retail sales by such drug retailer. Enables any person, including States, to commence a civil action to obtain an injunction restraining any drug retailer from violating this Act. Prescribtion Drug Advertising Act - Directs the Federal Trade Commission, in cooperation with the Secretary of Health, Education, and Welfare and with the appropriate agency of any State, to establish programs and procedures to implement the advertising, at the discretion of vendors, of prescription drug prices, and to eliminate any legal impediments to such advertising. Defines as an unfair act or practice under the Federal Trade Commission Act the prohibition or burdening of advertising of prescription drug prices.
United States · United States Congress · 14 January 1975
Prescription Drug Labeling Act - Requires that in the labeling and advertising of drugs sold by prescription the "established name" of such drug must appear each time their proprietary name is used.
United States · United States Congress · 14 January 1975
Prescription Drug Freshness Act - Requires that over-the-counter drugs whose effectiveness or potency becomes diminished after storage must be prominently labeled by the manufacturer as to the date beyond which the product shall not be used. Requires that similar prescription drugs be similarly labeled by the retailer dispensing the product.
United States · United States Congress · 14 January 1975
Prescription Drug Patent Licensing Act - Requires that whenever the Federal Trade Commission, upon complaint made to it by a qualified applicant for a license under a drug patent, determines through an investigation and hearing that such application for license was not granted and that the price quoted to druggists by the patentee is more than 500 percent of the total cost of production, the Commission shall order such patentee to grant an unrestricted license to any qualified applicant to make, use, and sell such drug. States that the Commission may delay such order up to five years to provide a fair return on the patentee's invested capital. (Adds 35 U.S.C. 294)
United States · United States Congress · 14 January 1975
Prohibits the transfer of atomic technology to foreign powers without the express approval of the Congress.
United States · United States Congress · 14 January 1975
National Employment Priorities Act - Declares that it is the purpose of this Act: (1) to require prenotification to employees and communities of dislocation of business concerns; (2) to prevent Federal support for unjustified dislocation; and (3) to provide assistance to employees, and affected communities threatened with dislocation. Defines the terms used in this Act. Establishes in the Department of Labor a National Employment Relocation Administration, to be headed by an Administrator and Deputy Administrator appointed by the President, by and with the advise and consent of the Senate. Provides that, in order to carry out the purposes of this Act, the Secretary is authorized to perform enumerated functions and duties, including: (1) conduct investigations on any proposed closing or transfer of operations of a business concern; (2) provide adjustment assistance to employees because of a closing or transfer of operations of an establishment of a business concern; and (3) conduct research into the problems of business closings, transfers of operations, and unemployment. Establishes a National Employment Relocation Advisory Council. Specifies the composition and compensation rates of members of such Council to perform enumerated functions, including to advise the Secretary and Administrator with respect to the activities of the National Employment Relocation Administration and to evaluate the effectiveness of programs carried out under this Act. Requires written notice be given to the Secretary whenever: (1) a business concern intends to close or transfer all or part of the operations of an establishment of that business concern; and (2) at least 15 percent of the employees who are members of any labor organization or 15 percent of all employees in that establishment will suffer an eligible employment loss as a result of any such closing or transfer. Specifies the items to be included in such notice. Authorizes the Secretary to investigate a proposed closing or transfer of operations under specified circumstances. Directs the Secretary to establish a program of adjustment assistance for employees suffering an eligible employment loss. Provides that such adjustment assistance shall include: (1) income maintenance payment; (2) maintenance of pension and health benefits; (3) job placement and retraining benefits; (4) relocation allowances; (5) early retirement benefits; (6) emergency mortgage and rent payments; and (7) food stamps and surplus commodities. Directs the Secretary to make every effort to place employees for substantially equivalent full employment in accordance with their capacity and prospective employeent opportunities. Provides that a unit of local government is eligible for assistance under this Act upon determination by the Secretary that the closing or transfer of operations of business establishments has contributed substantially to an unemployment rate within such jurisdiction exceeding 8 percent on a seasonally adjusted basis. Enumerates the types of assistance available under this Act. Authorizes the Secretary to develop a retraining program for employees who will be required to acquire new or additional skills as a result of the economic adjustemnt assistance proposal. Provides that whenever the Secretary determines, after an investigation conducted under this Act that: (1) the closing or transfer of operations of an establishment or a business concern was not justified; or (2) the transfer or closing could have been avoided if the business concern had accepted assistance under this Act; or (3) the eligible employment loss could have been avoided except for the failure to file a notice of intent to close or transfer, or because of some other unreasonable delay, bad faith or misrepresentation on the part of the business concern; or (4) the transfer of operations is to a new location outside the United States while other alternatives to such transfer of operations exist, then such business concern shall be ineligible for specified benefits under the Internal Revenue Code, for a period not to exceed 10 years. Authorizes to be appropriated to the Secretary such sums as may be necessary to carry out the provisions of this Act.
United States · United States Congress · 14 January 1975
Consumer Food Labeling Act - Title I: Truth in Food Labeling Act - Truth in Food Labeling Act - Requires, under the Federal Food, Drug, and Cosmetic Act, that the labels on all foods disclose each of their ingredients in order of predominance and the amounts of the ingredients in the food. Title II: Nutritional Labeling Act - Nutritional Labeling Act - Requires any packaged consumer food product to be labeled by the processor in conformity with specified information, including: with respect to processed food products, an analysis of nutritional contents including fat content, vitamin and protein value, fats and fatty acids, calories, and any other nutritional information deemed appropriate. Requires such lable to contain a statement of the nutritional value of the food commodity, and to appear in conspicuous and easily legible type on the package. Provides that the label of any packaged consumer product which has been packaged in a container of any given net content (by weight or volume) and which afterwards is packaged in a container of a different net content, shall conspicuously set forth the amount of difference. States that the appropriate Federal agencies shall prescribe regulations to carry out the purposes of this Act. Provides for injunctions in Federal courts to assure compliance with this Act. Prescribes a civil penalty of not to exceed $1,000 for any willful violation of this Act; such sum to be assessed by the appropriate agency and enforced in a Federal court in the name of the United States. Title III: Open Dating of Perishable Food Act - Open Dating of Perishable Food Act - Provides, under the Fair Packaging and Labeling Act, that no person who manufactures or packages a perishable or semiperishable food in the form in which it is sold by retail distributors to consumers may distribute for purposes of sale a perishable or semiperishable food packaged by him in such form unless he has labeled such packaged to show the pull date for such food and the optimum temperature and humidity conditions for its storage by the ultimate consumer. Provides, with certain exceptions, that no retail distributor may sell, offer to sell, or display for sale any food whose pull date has expired. States that no person may place packages on foods in shipping containers or wrappings unless such containers or wrappings are labeled by him to show the pull date. Provides that no person may change, alter, deface or remove before sale to the ultimate consumer any pull date. States that any person who violates any provision of this Act shall be imprisoned for not more than one year or fined not more than $5,000, or both. Provides that the United States district courts shall have jurisdiction to restrain violations of this Act. Requires the Secretary of Health, Education, and Welfare to submit an annual report to the Congress concerning activities and enforcement of this Act. Title IV: Marketing Practices Disclosure Act - Marketing Practices Disclosure Act - Requires that labels on packaged foods contain the names and places of business of the manufacturer, packer and distributor, rather than just one of the three. Title V: Consumer Food Grading Act - Consumer Food Grading Act - Requires the Secretary of Agriculture, after consultation with representatives of consumers, producers, and processors, to develop and promulgate a system of retail qualify grade designations for consumer food products expressed in a uniform nomenclature. Authorizes the Secretary to determine the manner in which the system of consumer food grade designations shall be displayed and disseminated to the public. Provides that in developing and updating quality grade standards, consideration shall be given to the nutritional quality and wholesomeness of food products, as well as the acceptability of the products. Requires that any food products sold more than nine months after the promulgation of applicable quality standards in accordance with this Act shall either be conspicuously labeled in accordance with such standards or shall be conspicuously labeled "not quality graded by the United States Department of Agriculture". Title VI: Unit Pricing Act - Unit Pricing Act - Provides that no person engaged in business in the sale at retail of any packaged consumer commodity which has been distributed in commerce, or the distribution of which affect commerce, shall sell, offer for sale, or display for sale any such commodity unless: (1) the total selling price of such commodity is plainly marked by a stamp, tag, or label affixed to a principal display panel of the package or by a label or sign at the point of display of such package; and (2) the retail unit price of such commodity is plainly marked by: (a) stamp, tag, or label affixed to a principal display panel of the package, or (b) a label or sign in close proximity to the point of display of such package, which label or sign shall also contain the name and quantity of contents of such commodity. Exempts from the requirement of marking the unit price of commodities: (1) any individual retail outlet which sells or offers for sale packaged consumer commodities and whose total gross sales do not exceed $250,000 per annum, unless such an outlet is one of a number of outlets owned substantially or whose inventory is supplied substantially, by a single person, partnership, or corporation whose total gross sales exceed $500,000 perannum; (2) any retail outlet in any State or any political subdivision thereof which has enacted mandatory unit pricing laws and whose laws, in the judgment of the Federal promulgating authority, are in scope and comprehensiveness superior to the requirements of this Act; except that retailers (including chainstores and affiliated stores) who operate outlets in any such geographical area shall be subject to the unit pricing requirement of this Act if they also operate outlets in one or more other States or political subdivisions. Title VII: New Ingredient Notification Act - New Ingredient Notification Act - Requires a food to carry a label setting forth in a conspicuous manner any change in its ingredients for six months after such change. Title VIII: Misleading Brand Names Act - Misleading Brand Names Act - Expands the meaning of "unfair or deceptive act or practice" under the Federal Trade Commission Act to inlcude advertising a brand name of a product which inherently misleads the public as to the product's value, quantity, quality of contents, or performance.
United States · United States Congress · 14 January 1975
Health Security Act - Title I: Health Security Benefits - Provides that every resident of the U.S. (and every non-resident citizen when in the U.S.) will be eligible for covered services. Permits reciprocal and "buy-in" agreements for groups or non-resident aliens, and in some cases benefits to U.S. residents when visiting in other countries. Entitles every eligible person to have payments made by the Health Security Board for covered services provided within the United States by a participating provider. Provides that all necessary professional services of physicians, wherever furnished are covered, including preventive care, with two restrictions: (1) specialist services are covered only when performed by a qualified specialist except in emergency situations, and generally only on referral from a primary physician; and (2) psychiatric services to an ambulatory patient are covered only for active preventive, diagnostic, therapeutic or rehabilitative service with respect to mental illness. Provides that comprehensive dental services (exclusive of most orthodontic services) are covered for children under age 15, with the covered age group increasing by two years each year until all those under age 25 are covered. Provides that: (1) inpatient and outpatient hospital services and services of a home health agency are covered without arbitrary limitation; and (2) pathology and radiology services are specifically included as parts of institutional services. Limits payment for skilled nursing home care to 120 days per spell of illness, except that this limit may be increased when the nursing home is owned or managed by a hospital and payment for care is made through the hospital budget. Limits the psychiatric hospital benefit to 45 consecutive days of active treatment during a spell of illness. Provides coverage for two categories of drug use: prescribed medicines administered to inpatients or outpatients within participating hospitals; or to enrollees of comprehensive health service organizations, and drugs necessary for the treatment of specified chronic illnesses or conditions requiring long or expensive therapy. Requires the Board and the Secretary of Health, Education, and Welfare to establish two lists of approved drugs, taking into account the safety, efficacy and cost of each drug. Provides a broad list of approved medicines available for use in institutions and by comprehensive health service organizations and a more restricted list which is available for use outside such organized settings. Provides that the appliances benefit is similar in concept and operation to the drug benefit, subject to a limitation on aggregate cost. Asserts that the professional services of optometrists and podiatrists are covered, subject to regulations, as are diagnostic or therapeutic services furnished by independent pathology laboratories and radiology services. States that health services furnished or paid for under a workmen's compensation law are not covered. Provides that the services of a professional practitioner are not covered if they are furnished in a hospital which is not a participating provider. Requires that participating providers meet standards established in this title or by the Board. Requires that such providers must agree to provide services without discrimination, to make no unauthorized charge to the patient for any covered service, and to furnish data necessary for utilization review by professional peers, statistical studies by the Board, and verification of information for payments. Makes professional practitioners licensed when the program begins eligible to practice in the State where they are licensed and requires that all newly licensed applicants for participation meet national standards established by the Board in addition to those required by his State. Establishes conditions of participation for general hospitals similar to those required by Medicare. States that the two requirements not found in the Medicare program are: (1) that the hospital must not discriminate in granting staff privileges on any grounds unrelated to professional qualifications, and (2) that it establish a pharmacy and drug therapeutics committee for supervision of hospital drug therapy. Provides that psychiatric hospitals will be eligible to participate only if the Board finds that the hospital (or a distinct part of the hospital) is engaged in furnishing active diagnostic, therapeutic and rehabilitative services to mentally ill patients. Establishes conditions of participation for skilled nursing homes similar to those established for extended care facilities under Medicare. Makes provisions for the participation of home health service agencies. Describes as eligible a health maintenance organization which undertakes to provide an enrolled population either with complete health care or, at least, with complete health security services (other than institutional services, mental health or dental services) for the maintenance of health and the care of ambulatory patients. Permits a foundation sponsored by a county or other local medical society to participate as a provider of services. Permits the participation of community health centers or the like which, though furnishing services as comprehensive as are required by this Act, do not serve an enrolled or otherwise predetermined population and may not meet other requirements of this Act. Authorizes the Board to deal separately with the primary care portion of a system of comprehensive health care where it is necessary to rely on arrangements with other providers. Permits the Board to contract directly with public or other nonprofit mental health centers and mental health day care services. Specifies the conditions under which independent pathology laboratories, independent radiological services, and providers of drugs, devices, appliances, equipment, or ambulance services may qualify as providers under Health Security. Requires that a participating skilled nursing home have in effect an agreement with at least one participating hospital for the transfer of patients and medical and other information as medically appropriate. Prohibits in malpractice judgments any damages to be awarded to the injured party for the cost of remedial services which he is entitled to receive under this Act. Excludes the institutions of the Department of Defense and the Veterans Administration, and institutions of the Department of Health, Education, and Welfare serving merchant seamen or Indians or Alaskan natives, from serving as participating providers, as well as any employee of these institutions when he is acting as an employee. Provides reimbursement for any services furnished by these institutions or agencies to eligible persons who are not a part of their normal clientele. Permits a physician, dentist, optometrist, or podiatrist, licensed in one State and meeting the national standards, to furnish Health Security benefits in any other State, the scope of his permissible practice being governed by the law of the State in which he is practicing. Grants a similar authority to other health professional and nonprofessional personnel. Establishes the Health Security Trust Fund, to receive the net assets of existing (Medicare) funds taken over by the Health Security program, the yield of the Health Security taxes, and the Government's contribution from general revenues amounting to 100 percent of the yield from these taxes. Provides that three separate accounts shall be established in the Health Security Trust Fund: a Health Service Account, a Health Resources Development Account, and an Administration Account. Provides that in each of the first two years of program operation, 2 percent of the Trust Fund shall be set aside for the Health Resources Development Fund; and the allocation shall increase by 1 percent at two-year intervals to 5 percent within the next 6 years. Provides for allocation of the Health Services account among the regions of the country. Provides that the allocation to each region shall be based on the aggregate sum expended during the most recent 12-month period for covered services (with appropriate modification for estimated changes in the consumer price index, the expected number of eligible beneficiaries, and estimated changes in the number of participating providers). Provides that the Board shall divide the allocation to each region into funds available to pay: institutional services; physician services; dental services; furnishing of drugs; furnishing of devices, appliances, equipment; and miscellaneous services. Provides that payments for covered services provided to eligible persons by participating providers will be made from the Health Service Account in the Trust Fund. Describes the method to be used in applying, as between practitioners electing the various methods of payment (fee-for-service and capitation), the monies available in each health service area for payment to each category of professional providers. Authorizes the Board to experiment with other methods of reimbursement so long as the experimental method does not increase the cost of service or lead to overutilization or underutilization of services. Provides that skilled nursing homes and home health agencies will be paid in the same manner as a general hospital (on an approved annual budget basis). Provides that a health organization will be paid for covered services, on the basis of a fixed capitation rate multiplied by the number of eligible enrollees. Contains a series of provisions for developing a continuous process of health service planning and for assisting in the recruitment, education, and training of health personnel. Authorizes special improvement grants: (1) to any public or other nonprofit health agency or institution to establish improved coordination and linkages with other providers of services, and (2) to organizations providing comprehensive ambulatory care, to improve their utilization review, budget, statistical, or records and information retrieval systems, to acquire equipment needed for those purposes, or to acquire equipment useful for mass screening or for other diagnostic or therapeutic purposes. Sets forth the responsibilities and duties of the Secretary of HEW and the Board with regard to this title. Creates an administrative structure within the Department of Health, Education, and Welfare with exclusive responsibility for the administration of the Health Security program. Establishes a five-member, full-time Health Security Board serving under the Secretary of Health, Education, and Welfare. Provides that the members shall be appointed by the President with the advice and consent of the Senate, for five-year overlapping terms. Creates the position of an Executive Director, appointed by the Board with the approval of the Secretary. Provides that the Executive Director will serve as secretary to the Board and shall perform such duties in the administration of the program as the Board may assign. Provides that the program will be administered through the regional offices of the Department of Health, Education, and Welfare. Requires the establishment of sub-regional (service area) offices. Establishes a National Health Security Advisory Council, with the Chairman of the Board serving as the Council's Chairman and 20 additional members not in the employ of the Federal Government. Authorizes the Advisory Council to appoint professional or technical committees to assist in its functions. Provides that the Advisory Council will advise the Board on matters of general policy in the administration of the program, the formulation of regulations and the allocation of funds for services. Charges the Board with responsibility for informing the public and providers about the administration and operation of the Health Security program. Requires the Board to make a continuing study and evaluation of the program, including adequacy, quality and costs of services. Authorizes the Board directly or by contract to make detailed statistical and other studies on a national, regional, or local basis of any aspect of the title; to develop and test incentive systems for improving quality of care, methods of peer review of drug utilization and of other service performances; to develop and test systems of information retrieval, budget programs, instrumentation for multiphasic screening or patient services, and reimbursement systems for drugs; and to make such other other studies which it considers would improve the quality of services of the administration of the program. Grants authority to the Board, in accordance with regulations, to make determinations of who are participating providers of services, determinations of eligibility, of whether services are covered, and the amount to be paid to providers. Allows a provider of services who is dissatisfied with a final Board determination to obtain a hearing before a Board panel, and judicial review of a final decision. Authorizes the Board, with the advice and assistance of the Commission on the Quality of Health Care, to issue and review regulations assuring the quality of care furnished under this Act. Requires continuing professional education by physicians, dentists, optometrists, and podiatrists. Provides for the appointment of a Deputy Secretary of HEW and an Under Secretary for Health and Science. States that no provision of this Act shall alter any contractual obligation of an employer to provide health services to his employees and their dependents. Title II: Health Security Taxes - Converts the existing Medicare hospital insurance payroll taxes into Health Security taxes, and raises the rates to 1 percent on employees and 3.5 percent on employers. Raises the wage base for the employee tax from the present $7,800 to $15,000; or, if higher, 125 percent of the contribution and benefit base. Broadens the definitions of covered employment to include foreign agricultural workers, employees of the U.S. and its instrumentalities (other than members of the armed forces and the President, Vice-President, and Members of Congress), employees of charitable and similar organizations, railroad employees, and (for the employee tax only) employees of States and their political subdivisions and instrumentalities. Excludes from the gross income of employees, for income tax purposes, payment by their employers of part or all of the Health Security taxes on the employees. Spells out the precise effective dates of the new payroll tax provisions. Converts the existing Medicare self-employment tax into a Health Security self-employment tax, raising the rate to 2.5 percent, and raises the maximum taxable self-employment income from $7,800 to $15,000. Adds a new 1 percent Health Security tax on unearned income (unless such income is less than $400 a year), subject to the same maximum on taxable income as is applicable to the employee and self-employment taxes. Title III: Commission on the Quality of Health Care - Establishes in the Department of HEW a Commission on the Quality of Health Care, with the primary responsibility of: (1) initiating and continuing development of methods of assessing the quality of health care furnished under the Health Security Act, and (2) submitting to the Secretary and the Health Security Board its findings and recommendations. Stipulates that in carrying out its duties the Commissioner shall emphasize, and give first consideration to, care furnished for those illnesses and conditions which have relatively high incidence in the population and which are relatively amenable to medical or other care. Title IV: Repeal or Amendment of Other Acts - Requires that after the effective date of benefits, no State shall be required to furnish any service covered under Health Security as a part of its State plan for participation under Medicaid. Title V: Studies Related to Health Security - Authorizes the Secretary of Health, Education, and Welfare in consultation with the Secretary of State and the Secretary of Treasury to study the coverage of health services for U.S. residents in other countries. Directs the Secretary of HEW to study the feasibility and desirability of coordinating the Federal health benefit programs for merchant seamen and Indians and Alaskan natives and also veterans and members of the Armed Forces, with the Health Security Benefit Program.
United States · United States Congress · 14 January 1975
Directs the Secretary of Agriculture to immediately rescind the food stamp regulations proposed on December 6, 1974, and take all necessary steps to insure that the Nation's elderly and poor will continue to benefit from the food stamp program to the extent which they presently do.
United States · United States Congress · 14 January 1975
States that the House of Representatives disapproves the deferral of budget authority relating to comprehensive planning grants under the Housing Act of 1954 (deferral numbered D 75-107) which is proposed by the President in his special message of November 26, 1974 transmitted pursuant to the Impoundment Control Act.
United States · United States Congress · 14 January 1975
Expresses the sense of the House that the United States Government should seek agreement with other members of the United Nations on the prohibition of weather modification activity as a weapon of war.
United States · United States Congress · 20 December 1974
Prohibits the President, under the Emergency Petroleum Allocation Act of 1973, from increasing the price of crude oil produced in the United States from the price of such oil in effect on December 1, 1974.
United States · United States Congress · 18 December 1974
Credit Allocation Incentive Act - Defines, under the Federal Reserve Act, "National Priority Loans and Investments" to include any loan or investment for: (1) useful capital investments; (2) lower middle-income housing; or (3) small businesses. Permits the requirement of a supplemental reserve by member banks which will not take outstanding National Priority Loans and Investments into consideration in its computation.
United States · United States Congress · 18 December 1974
Economic Stabilization Act Amendments - Establishes an Economic Stablilzation Board. Provides that all prices, wages, rents, and interest rates will be frozen at levels no higher than those prevailing on the date of enactment of this Act. Directs the Board, after full explanation of its actions, to roll back prices, rents, and interest rates to levels lower than those prevailing on the date of enactment in order to eliminate windfall profits or to carry out the purposes of this Act. States that, in order to eliminate inequities in the wage-price relationship which may have developed in certain firms or industries since August 15, 1971, the Board shall, on petition of any interested person after reviewing all relevant data, allow upward adjustments in wages in amounts which at the maximum would be equal to the difference between the rate of price increases as measured by the Consumer Price Index (all items - United States city average) as compiled by the Bureau of Labor Statistics, United States Department of Labor occurring between August 15, 1971, and the date of enactment of the Economic Stablilzation Act Amendments of 1975 and average wage increases occurring in a firm or industry during the same period. Provides that in carrying out the authority vested in it by this Act, the Board shall issue standards which shall: (1) be fair and equitable; (2) call for generally comparable sacrifices by business and labor as well as other segments of the country; and (3) permit passthrough of bona fide increases in costs. Sets forth limitations on the authority of the Board. Establishes in the executive branch the Office of Consumer Counsel. States that the Office of the Consumer Counsel, under the direction of the Consumer Counsel, shall have authority to investigate fully, on complaint from a consumer, or otherwise, all official actions of the Board, which shall promptly upon request make fully available to the Office of the Consumer Counsel all records, information, and testimony relating to any matter which such Office investigates. Directs the Board to transmit quarterly reports to the Committee on Banking and Currency of the House of Representatives and the Committee on Banking, Housing and Urban Affairs of the Senate not later than ninety days after the close of each calendar quarter describing the actions taken under this Act during the preceding quarter and giving its assessment of the progress attained in achieving the purposes of this Act.
United States · United States Congress · 5 December 1974
Imposes, under the Internal Revenue Code of 1954, a tax on every new automobile, except commercial and farm vehicles, manufactured, produced, or imported between July 1, 1975 and June 30, 1980, based on their fuel consumption rates. Provides that such tax shall be paid by the manufacturer, producer or importer. Requires the public disclosure of the fuel consumption rate of every new automobile. Directs the Secretary of the Department of Transportation to submit to Congress, not later than July 1, 1979, a report recommending legislation which would provide for taxation of all new automobiles after June 30, 1981, based upon a universally applicable standard of fuel consumption to be developed by the Secretary. Requires the Secretary to conduct a program to develop more efficient automobile engines, using funds received from the tax imposed by this Act.
United States · United States Congress · 3 December 1974
Provides, under the Controlled Substances Act, that it shall not be unlawful for any person to publicly or privately possess, distribute, transfer, or sell marihuana under enumerated circumstances. States that marihuana in the lawful possession of any person shall not be considered contraband and shall not be subject to seizure by or forfeiture to the United States.
United States · United States Congress · 3 December 1974
Directs the President to appoint a Commission on Fertilizer Availability: (1) to review and recommend specific conservation steps and other measures which would be taken to increase the short-term availability of fertilizer for food production; and (2) to encourage increased production of fertilizer to meet the medium and long-term fertilizer needs such as investment incentives and machinery to increase production capacity. Limits the amounts of chemical fertilizer used by any department or agency of the Federal Government during 1975 for ornamental or decorative growing purposes. Provides that such prohibition shall not apply to decorative growing aimed at preventing soil erosion.
United States · United States Congress · 26 November 1974
Inflation Control Act - Limits the type of gas wells eligible for the depletion allowance, under the Internal Revenue Code, to wells producing regulated natural gas, to the extent of such production, and wells producing natural gas sold under a fixed contract to the extent of such production. States that if the taxpayer elects the application of this subsection, then with respect to so much of his average daily production of domestic crude oil as does not exceed 3,000 barrels, the percentage depletion rate shall be 15 percent in the case of gross income from the property before January 1, 1979. Provides that, except as specified in this Act, at the election of the taxpayer there shall be allowed as a deduction in computing taxable income expenditures paid or incurred during the taxable year for the exploration or development of any mineral property (including an oil or gas well). States that the aggregate of the deductions allowable under this Act for any taxable year shall not exceed the taxpayer's aggregate taxable income from all mineral properties located within the United States. Terminates the deduction for mine development and exploration as of December 31, 1973. Provides that in the case of tax paid or accrued to any foreign country with respect to income derived from the extraction, production, transportation, or refining of oil or gas in such country, the term "income, war profits, and excess profits tax" does not include any royalty, bonus, or other payment which does not constitute the payment of a bona fide Federal or National income tax. Terminates the designation of any corporation as a domestic international sales corporation as of December 31, 1973. Imposes a tax, with respect to income of every person, equal to 10 percent of the amount (if any) by which the sum of the items of tax preference exceeds the excludable amount.
United States · United States Congress · 19 November 1974
Flexible Hours Employment Act - States that it is the policy of the United States Government that, unless adjudged impossible by the Secretary of Labor, at least 10 percent, over a five year period, of the positions at each and all levels in all executive agencies shall be available on a flexible hours employment basis for persons who cannot work or do not desire to work full time. Requires each executive agency to adopt and maintain procedures, continuously conduct activities and projects, and undertake such other efforts as may be appropriate to carry out the policy of this Act. Requires the Secretary to report annually to the Congress on the procedures, activities, projects, and other efforts undertaken to carry out the policy of this Act.