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United States · Official source
5,951 records where Rep. Fazio, Vic [D-CA-3] is listed as a sponsor, author, or other actor. Search with topics and years
United States · United States Congress · 12 June 1980
Authorizes and requests the President to designate October 12 through October 19, 1980, as "Italian-American Heritage Week."
United States · United States Congress · 11 June 1980
Farm Credit Act Amendments of 1980 - Title I: Federal Land Banks and Associations - Amends the Farm Credit Act of 1971 to authorize any Federal land bank, under the supervision of the Farm Credit Administration, to: (1) participate in loans with other Farm Credit System institutions (i.e., Federal land banks, Federal land bank associations, Federal intermediate credit banks, production credit associations, and banks for cooperatives); (2) participate in loans which the land banks are authorized to make with lenders which are not Farm Credit System institutions; (3) sell interests in loans to such lenders; (4) buy from and sell to Farm Credit System institutions interests in loans and in other financial assistance extended and nonvoting stock; (5) make other investments; (6) accept contributions to their capital from Federal land bank associations; (7) enter into agreements with other Farm Credit System institutions to share loan and other losses; (8) issue nonvoting stock to borrowers as a patronage refund; and (9) make or participate with other lenders in long-term real estate mortgage loans not exceeding 85 percent of the appraised value of the real estate security. Makes producers and harvesters of aquatic products eligible for Federal land bank services. Authorizes Federal land bank associations to make capital contributions to a Federal land bank. States that a member of a Federal land bank association need not make the required purchases of land stock with respect to that part of a loan derived from a lender which is not a Farm Credit System institution. Authorizes the Federal land bank associations to pay dividends on a differential basis between different classes and issues of stock and participation certificates corresponding to the value of such classes and issues to the capital or earnings of the Federal land bank in its district. Permits the Federal land bank associations to agree to share loan and other losses with other Farm Credit System institutions. Title II: Federal Intermediate Credit Banks and Production Credit Associations - Authorizes the Federal Intermediate Credit Banks, subject to the supervision of the Farm Credit Administration, to: (1) buy from and sell to Farm Credit System institutions interests in loans and in other financial assistance extended and nonvoting stock; (2) make other investments; (3) agree to share loan and other losses with other Farm Credit System institutions; (4) participate with other Farm Credit System institutions in making loans; and (5) issue nonvoting stock to such institutions. Authorizes the Federal intermediate credit banks to discount, or purchase from other financial institutions, loans made to producers and harvesters of aquatic products. Authorizes each production credit association, subject to the supervision of the intermediate credit bank in its district and the Farm Credit Administration, to: (1) buy from and sell to any bank in the Farm Credit System interests in loans, other financial assistance extended, and nonvoting stock; (2) participate in loans with other Farm Credit System institutions; (3) agree to share loan and other losses with other Farm Credit System Institutions; (4) issue participation certificates to eligible borrowers in lieu of nonvoting stock; and (5) issue participation certificates or nonvoting stock to any financial institution outside the Farm Credit System with which the association participates in a loan in satisfaction of the requirement that a borrower own such stock or participation certificates. Requires a borrower to own only that amount of stock or participation certificates which is proportionate to that portion of a loan retained by a production credit association when it participates with another lender in making a loan. Authorizes the production credit association to extend loan assistance to bona fide farmers, ranchers, and producers and harvesters of aquatic products for basic processing and marketing directly related to the borrower's operations. Requires the borrower's operation to provide a specified percentage of the total processing or marketing for which financing is extended. Title III: Banks For Cooperatives - Empowers each bank for cooperatives, subject to the supervision of the Farm Credit Administration, to: (1) participate with other Farm Credit System institutions in making loans; (2) deposit its securities and current funds with any domestic or foreign financial organization (presently, such deposits must be made at a member bank in the Federal Reserve System); (3) buy and sell bankers acceptances which are obligations of member banks in the Federal Reserve System; (4) buy and sell other obligations including those which arise in the course of transactions which the bank has assisted through loans; (5) buy from and sell to Farm Credit System institutions interests in loans and in other financial assistance extended and nonvoting stock; (6) make other investments; (7) invest in foreign and domestic business entities to facilitate the obtaining of credit information and the performance of services related to international transactions; (8) maintain credit balances to assist in the transfer of funds between parties to authorized transactions; (9) agree to share loan and other losses with other Farm Credit System institutions; and (10) issue participation certificates to parties who may not be issued voting stock. Requires all participation certificates, voting and nonvoting stock issued by the banks for cooperatives to be retired at par value. Authorizes the banks for cooperatives to: (1) offer a currency exchange for eligible cooperative associations; and (2) extend loans, loan participation commitments, and other technical and financial assistance to any domestic or foreign party in which a member cooperative has an ownership interest or which engages with the cooperative in dealings in agricultural or aquatic products, farm supplies or the lease of property, provided such assistance substantially benefits the member cooperative. Sets forth guidelines for regulations governing the extension of such assistance. Enables cooperatives solely engaged in furnishing aquatic business services to borrow from the banks for cooperatives. Reduces the degree of ownership in a cooperative which must be held by farmers, producers or harvesters of aquatic products, or other cooperative associations in order to make such a cooperative eligible to borrow from a bank for cooperatives. Requires a bank for cooperatives to retire any equity held by a borrower in default or dissolution at fair market value not to exceed the par value of the equity interest of the borrower. Prohibits the retirement or cancellation of such an equity interest if the bank's capital structure would be adversely affected. Permits each bank for cooperatives to transfer more than 25 percent of its net annual savings to a surplus account. Authorizes the banks for cooperatives to pay patronage refunds to borrowers in the form of participation certificates. Title IV: Provisions Applicable to Two or More Classes of Institutions of the System - Declares that interest rates established by the Farm Credit Administration for loans made by Farm Credit System institutions and by specified agricultural credit corporations shall preempt any interest rate limitation imposed by State law. States that when two or more Farm Credit System institutions participate in a loan as authorized by this Act, the terms of such loan shall be those agreed upon by the institutions. Requires that such factors as borrower eligibility, membership, term, amount, loan security and purchase of stock or participation certificates by the borrower are to be governed by the provisions of law applicable to the institution originating the loan. Exempts credit transactions of Farm Credit System institutions and specified agricultural credit corporations from the provisions of any State statute or any other law or regulation which impose, with regard to a credit transaction, any duty or requirement which is similar to those which have been imposed by the Truth in Lending Act. Requires each Federal land bank association and production credit association to prepare a program for furnishing sound and constructive credit and related services to young, beginning, and small farmers and ranchers. Directs the Federal land bank and the Federal intermediate credit bank for each district to annually obtain reports of activities under such programs. Authorizes the institutions of the Farm Credit System to organize corporations to perform non-lending functions and services which such institutions are authorized to perform. Empowers the Governor of the Farm Credit Administration to review and revise the charters of such corporations. States that such corporations shall be subject to supervision and examination by the Administration. Applies State and other laws relevant to organizing banks to such corporations, except for specified tax exemptions. Authorizes the sale to Farm Credit System members of insurance to protect the loan commitment and the member's farm or aquatic unit, with specified limitations. Permits banks and associations already offering insurance not authorized by this section to continue to sell such insurance for one year and continue to service such insurance until expiration. Title V: District and Farm Credit Administration Organization - Permits the Virgin Islands to be included within a farm credit district, if the extension of credit and other services in the Virgin Islands is determined to be feasible. Revises the process for the election of farm credit district directors by reducing from three to two the number of nominees on the election poll. Establishes the rate of compensation for the Federal Farm Credit Board at the daily equivalent of the rate prescribed for grade GS-18 of the General Schedule. Authorizes the Board to fix the salary of the Governor of the Farm Credit Administration at any level not exceeding the maximum rate of basic pay in the Executive Schedule. Authorizes the Governor to appoint Deputy Governors to provide assistance in the functioning of the Farm Credit Administration. Exempts the Administration from provisions of Federal law relating to appointments in the competitive civil service, travel expenses, allowances, procurement, and property disposition. Credits employees of Farm Credit System institutions with specified leave and retirement benefits when they are transferred to Federal service in the Farm Credit Administration. Authorizes the banks of the System, with the concurrence of two-thirds of the district boards, to sell or otherwise dispose of any interest in property. Requires the Farm Credit Administration to make annual reports to Congress which include a summary of any unresolved differences arising out of consultations with the Board of Governors of the Federal Reserve System and the Comptroller of the Currency and a summary and analysis of specified reports submitted to such Administration by the Federal land banks and Federal intermediate credit banks relating to programs for serving young, beginning, and small farmers and ranchers. Eliminates the requirement that such Administration maintain its principal office in the District of Columbia.
United States · United States Congress · 11 June 1980
Prevention, Identification, and Treatment of Adult Abuse Act of 1980 - Directs the Secretary of Health and Human Services to establish as an office the National Center on Adult Abuse. Requires the Secretary, through such Center, to: (1) compile and disseminate annually a summary of recently conducted research on adult abuse, neglect, and exploitation; (2) develop an information clearinghouse on all programs for prevention and treatment of such occurrences; (3) compile and disseminate training materials for personnel engaged in the prevention or treatment of such abuse; (4) provide technical assistance to public and nonprofit agencies and organizations to assist in programs and activities relating to adult abuse; (5) conduct research into the causes and prevention of such behavior; and (6) study and investigate the national incidence of adult abuse. Authorizes the Secretary to make grants or enter into contracts with public agencies or nonprofit organizations for demonstration programs and projects designed to prevent, identify, and treat adult abuse, neglect, and exploitation. Permits such funding to be used for the development and establishment of training programs for personnel in relevant fields, for the establishment of local centers, and for furnishing the services of trained personnel to small communities. Authorizes the Secretary to make grants to the States to assist in developing, and carrying out adult abuse, neglect, and exploitation prevention and treatment programs. Requires each State to have an adult abuse and exploitation law in effect which is actively enforced to qualify for such grants. Authorizes appropriations to carry out the purposes of this Act.
United States · United States Congress · 11 June 1980
Expresses the sense of Congress that the provisions of law requiring twice a year cost of living adjustments for Federal civil service and military retirees should not be changed.
United States · United States Congress · 10 June 1980
Amends the Defense Department Overseas Teachers Pay and Personnel Practices Act to eliminate the limitation on the amount of leave that may accumulate to the credit of a teacher employed by the Department of Defense (DOD) in a school located overseas. Requires that any person appointed to such a teaching position receive credit for any sick leave accumulated at a prior job with the Federal Government or the District of Columbia government, or at a job which is determined to have been a teaching position, provided the break in service does not exceed three years. Declares that any DOD teacher who is reappointed to another agency without a break in service exceeding three years shall receive credit for any sick leave or teacher's leave earned while the teacher worked for DOD.
United States · United States Congress · 9 June 1980
Nuclear Liability Reform Act of 1980 - Amends the Atomic Energy Act of 1954 to limit the aggregate liability of persons liable for public liability caused by a nuclear incident to the sum of the financial protection required and a certain indemnity provided by the Nuclear Regulatory Commission. Limits such aggregate liability under an indemnification agreement for a nuclear incident outside the United States to $100,000,000 plus the contractor's required protection. Prohibits the payment for such liability at certain facilities from any source except the financial protection required until that protection is exhausted. Requires certain licensees and allows others to make arrangements which satisfy the Commission that the facility's manufacturer and architect-engineer will participate in the industry retrospective rating plan. Directs the Commission, in calculating the maximum amount of liability insurance available from private sources for licensees, to include private liability insurance available under an industry retrospective rating plan providing for premium charges deferred until public liability exceeds or appears likely to exceed the level of the licensee's required primary financial protection. Directs such insurance to be available to and required of each licensee, manufacturer, and architect-engineer of such a facility. Requires the deferred premium charged under such a plan to be: (1) $50,000,000 for each licensee with respect to each facility for which the maximum amount of financial protection is required; (2) for each manufacturer, $25,000,000 multiplied by the number of such facilities the manufacturer has built; and (3) for the architect-engineer, $25,000,000 multiplied by the number of such facilities designed or supervised by such architect-engineer. Increases the statute of limitations to 40 years for certain suits based on nuclear incidents. Directs a finding of liability for damages caused by a nuclear incident if a reasonable person could conclude that medical expenses and the injury or disease which caused them are reasonably related to such nuclear incident. Allows recovery even if the claimant cannot show: (1) the identity or source of the substance which caused the injury or disease; (2) the route the substance took to the claimant; or (3) an explanation of the cause of the substance in the claimant. Prohibits courts from considering claims by the owner or operator of a nuclear reactor until all other permitted claims have been resolved.
United States · United States Congress · 9 June 1980
Extends the congratulations of the Congress to the Order of the Sons of Italy in America for their 75th anniversary. Proclaims Sunday, June 22, 1980, as "National Italian-American Day."
United States · United States Congress · 5 June 1980
Industrial Energy Conservation Incentive Tax Act of 1980 - Amends the Internal Revenue Code to increase the investment tax credit energy percentage from ten to 20 percent for alternative energy property and for specially defined energy property. Makes such credit refundable. Provides for a refundable 20 percent investment tax credit for qualified conservation property. Defines "qualified conservation property" as property which is used by a taxpayer as an energy-saving modification to an existing industrial facility.
United States · United States Congress · 4 June 1980
Authorizes the President to present a gold-plated medal, on behalf of the Congress, to those athletes selected through the Olympic trial process to be members of the United States Summer Olympic Team of 1980. Directs the Secretary of the Treasury to cause to be stricken 650 such medals with suitable emblems. Declares that such medals are national medals and that funds to carry out this Act shall be made available under the Amateur Sports Act of 1978.
United States · United States Congress · 3 June 1980
National Export Policy Act of 1980 - Title I: General Findings and Purposes - Sets forth congressional findings and the purposes of this Act. Title II: Export Financing - Amends the Export-Import Bank Act of 1945 to direct the Export-Import Bank to adopt export finance programs comparable in structure to those extraordinary measures of official export credits offered by competing countries, until such financing is limited by international agreements. Requires the Bank to report annually to Congress as to whether any additional appropriations or any increases in its commitment authority or ceiling levels are necessary to carry out this Act. States that this Act shall not take effect until six months after enactment, unless the President defers the effective date for an additional six months. Declares it to be the policy of the Congress that the Export-Import Bank of the United States should facilitate, particularly in the presence of foreign officially-supported export credit competition, exports to countries: (1) having insufficient access to international credit facilities; (2) demonstrating reasonable economic progress; and (3) offering adequate formal assurances of repayment (currently, must offer sufficient likelihood of repayment). Increases the aggregate amount of loans and contractual liability of guarantees and insurance which may be outstanding at any one time. Requires such activities to be carried out through the Export Expansion Facility. Provides for the capitalization of such facility. Establishes staggered ten-year terms of office for the Bank directors. Declares that the appropriate congressional committees should consider limitations on Bank activities when considering appropriations for international trade activities rather than when considering foreign assistance activities. Title III: Export-Related Tax Policy - Amends the Internal Revenue Code to increase the earned income exclusion for United States citizens working abroad, who are bona fide residents of a foreign country, from an annual rate of $20,000 to: (1) $50,000; or (2) $65,000, if such persons qualify as bona fide residents for certain specified periods. Allows separate exclusions to married individuals who are both working overseas, although one's excess exclusion cannot be used against income earned by the other. Waives the residency requirements to qualify for such exclusion for those required to leave a foreign country because of civil unrest, war, or similar adverse conditions precluding the normal conduct of business. Reduces from 17 to 11 months the foreign residency requirement with respect to the deduction for certain housing expenses of living abroad. Revises the formula for determining the base housing amount with regard to such deduction to make it 16 percent of the salary of a GS-14, step 1. Repeals similar deductions for cost-of-living differential, schooling expenses, home leave travel expenses, and residence in a hardship area. Provides that the foreign bad debt loss deduction shall not exceed the greater of 15 percent of the taxpayer's taxable income from exports, or two percent of the taxpayer's export receivables outstanding at the close of the taxable year. Provides that the amount of bad debt losses that may be added to a bad debt reserve shall not exceed five percent of the taxpayer's export receivables outstanding as of the close of the taxable year. Permits the amortization, based on a period of 60 months, of: (1) foreign market studies; (2) foreign marketing expenses; and (3) foreign patents. Permits an income tax deduction for currency fluctuation losses on export credit which have not been repaid by the end of the taxable year. Authorizes the Secretary of the Treasury to extend the six-month deadline for exempting exports from the manufacturer's excise tax for an additional 12 months if it is determined, after consultation with the Secretary of State, that exports were delayed because of war, civil unrest, or similar adverse conditions in a foreign nation. Amends the Foreign Trade Zones Act to authorize the Secretary of Commerce to approve the duty-free entry of machinery, materials, and fuels to be used for the production of goods in a foreign trade zone if such goods are not subsequently entered into U.S. customs territory. Sets forth requirements before applications for such treatment will be approved. Makes such approval valid for six years. Requires the Foreign Trade Zones Board to include in its annual report to Congress a summary of activities and proposals to increase the use of foreign trade zones to expand U.S. exports. Makes banking organizations which have invested in an export trading company eligible for treatment as domestic international sales corporations (DISC). Includes the gross receipts from the export of services produced in the United States and from export trade services as qualified export receipts, in the case of a DISC which is an export trading company. Directs the Secretary of Commerce, with the Secretary of the Treasury, to develop and distribute information concerning the utilization of the DISC provisions. Makes export trading companies eligible for Subchapter S treatment if the shareholders of such companies are otherwise small business corporations. Exempts such companies from restrictions on the amount of foreign income they can receive and still be eligible for Subchapter S tax treatment. Title IV: Antitrust - Amends the Webb-Pomerene Act to exempt the export trade, export trade activities, and methods of operation of certified export trade associations and export trading companies from the antitrust laws. Delays the effectiveness of any certificate upon the notification of the Secretary of Commerce by the Attorney General or the Federal Trade Commission (FTC) of disagreement with the decision to issue a certificate. Sets forth the procedure to be followed by any association, company, or export trading company seeking certification under this Act and by the Secretary in issuing such certificates. Provides for appeal of the Secretary's denial of certification. Authorizes the Attorney General or the FTC to bring an action to invalidate a certification. Requires the Secretary, in consultation with the Attorney General and the FTC, to publish guidelines for determining whether an association or export trading company will meet the certification requirements. Requires certified associations and export trading companies to submit annual reports to the Secretary. Directs the Secretary to establish within the Department of Commerce an office to promote export trade associations and trading companies. Provides for automatic certification of existing associations. Requires that all applications for certification be kept confidential with specified exceptions. Authorizes the Secretary to require an association or trading company to modify its operation to be consistent with international obligations of the United States. Directs the President to appoint, with the Senate's advice and consent, a task force seven years after enactment to examine the effect of this Act and to make recommendations. Directs the Attorney General to study whether: (1) U.S. business conduct to expand exports conflicts with basic antitrust principles; and (2) a more liberal enforcement policy for overseas activities would impede implementation of the antitrust laws. Requires the Attorney General to identify such conduct which would not warrant prosecution under the antitrust laws. Sets forth the procedures for describing such permissible conduct and disclosing such descriptions. Authorizes the Secretary of Commerce to intervene in such suits and to provide legal assistance to exporters. Prohibits prosecution under the antitrust laws of exporters who: (1) have notified the Attorney General of their intention to engage in such designated conduct; or (2) receive an approval, or no objection, from the Attorney General concerning proposed transactions. Requires the Attorney General and the Secretary of Commerce to report to Congress concerning implementation of this section. Title V: Amendments to Other Laws that Hinder Exports - Amends the Foreign Corrupt Practices Act of 1977 to change the name of such Act to the Business Practices and Records Act. Amends the Securities Exchange Act of 1934 to require issuers of securities to keep their books and maintain a system of internal accounting controls in accordance with generally accepted accounting principles. Makes issuers liable for knowingly falsifying any books or for the intentionally wrongful maintenance or circumvention of the system of internal accounting controls. Requires only good faith efforts by issuers holding 50 percent or less of the equity capital to use their influence to cause transactions and dispositions of assets to be carried out consistent with such provisions. Repeals the provisions specifying prohibited foreign corrupt practices by issuers. Amends the Business Practices and Records Act to include issuers within the provisions specifying prohibited foreign corrupt practices by domestic concerns. Permits items of value to be given to foreigners in specified circumstances, including courtesy items, demonstration expenses, and payments lawful under the laws of the country of the intended recipient. Directs the Attorney General to issue guidelines specifying permissible conduct and arrangements associated with common types of export sales arrangements and business contracts and precautionary procedures creating a rebuttable presumption of compliance. Provides for the establishment of a Business Practices and Records Act Review Procedure to answer specific inquiries concerning enforcement of such Act. Requires the Attorney General to issue opinions regarding compliance. Makes such opinions final and binding on all parties if the conduct does not involve a violation. Requires annual reports to Congress by: (1) the Attorney General concerning actions taken pursuant to such Act; and (2) the Securities and Exchange Commission concerning the reporting requirements. Expresses the sense of the Congress that the President should negotiate agreements establishing standards of conduct for international business practices, a resolution procedure, and rates of commissions. Directs the President to report to Congress concerning the progress of such negotiations. Requires Congress to review the Business Practices and Records Act after receiving the President's report. Requires an export competitiveness impact statement from any issuing authority taking significant action which could affect adversely U.S. exports or the international competitive position of the United States and its exporters. Expresses the sense of Congress that export paperwork must be reduced to encourage export sales. Requires all agencies to minimize paperwork and reporting requirements. Title VI: Export Awareness and Export Promotion Programs - Export Trading Company Act of 1980 - Directs the Secretary of Commerce to promote export trading companies and facilitate contacts between producers of exportable goods and export trading companies. Authorizes any banking organization to invest up to specified amounts in export trading companies upon notifying, but without obtaining the prior approval of, the appropriate Federal banking agency, if such investment does not cause an export trading company to become a subsidiary of such organization. Allows greater investment by Edge Act Corporations not engaged in banking. Permits any banking organization to invest beyond such limitations with the prior approval of the appropriate Federal banking agency. Requires prior notification of such agencies in specified circumstances. Sets forth further limitations on export trading companies and investments by banking organizations. Specifies factors to be taken into consideration by the banking agencies. Permits such agencies to impose conditions in approving applications to invest in export trading companies. Requires such agencies to report to the appropriate congressional committees concerning implementation of this Act and any recommendations. Provides for judicial review of denial orders in the appropriate U.S. Court of Appeals. Sets forth the grounds for disapproval. Provides for remand for further consideration by the banking agency. Directs the Economic Development Administration and the Small Business Administration to give special weight to export-related benefits when considering applications for loans and guarantees by export trading companies. Directs the Export-Import Bank of the United States to provide loan guarantees to export trading companies or exporters to be secured by accounts receivable or inventories when adequate financing is not otherwise available and such guarantees will facilitate expansion of exports. Small Business Export Expansion Act of 1980 - Amends the Small Business Act to authorize the Administrator of the Small Business Administration (SBA) to permit participating lending institutions to take actions on behalf of the Administrator with respect to deferred participation loans. Empowers the SBA, either directly or in cooperation with lending institutions, to extend credit for export purposes to enable small business concerns to develop foreign markets. Limits the extension of such credit to periods of 18 months or less. Sets a maximum of $750,000 which may be committed to any borrower from the business loan and investment revolving fund. Establishes within the Administration an Office of International Trade to promote sales opportunities for small business goods and services abroad. Requires such Office to: (1) provide small businesses with access to current and complete export information; (2) encourage greater small business participation in trade fairs, shows, missions, and other domestic and overseas export development activities of the Department of Commerce; and (3) assign full-time export development specialists to each Administration regional office. Directs the Administrator, after consultation with specified agencies, to establish an export promotion center in each of two regional offices of the Administration where field offices of the Department of Commerce and the Internal Revenue Service exist. Requires each such center to serve as a one-stop information center of Federal Government export assistance, financing programs available to small business, and other provisions of law governing exporting for small business. Requires: (1) a progress report on the implementation of such centers to the appropriate Congressional committees within six months of enactment of this Act; and (2) an evaluation, within two years after enactment, of the effectiveness of such centers in developing and expanding small business exports. Authorizes the Secretary of Commerce to make grants to qualified applicants to encourage the development and implementation of small business international marketing programs. Sets forth eligibility requirements for applicants. Prohibits the use of any Federal funds to directly underwrite any small business participation in foreign trade missions abroad. Requires each small business international marketing program to: (1) have a full-time staff director to manage program activities; (2) have access to export specialists to counsel and assist small business clients; and (3) establish an advisory board. Directs the Secretary to require, as a condition to any grant, that an additional amount equal to twice the amount of such grant be provided from sources other than the Federal Government. Directs the Secretary to develop a plan to evaluate such programs to: (1) determine the impact of such programs on the small businesses assisted; (2) determine the amount of export sales generated by such businesses; and (3) make recommendations concerning continuation and/or expansion of the program. Requires the establishment of at least one small business international program within each region of the Department of Commerce. Directs the Secretary of Commerce, through the International Trade Administration, to maintain a central clearinghouse for the collection, dissemination, and exchange of information between such programs. Directs the Secretary to enter into cooperative agreements with industrial corporations to develop foreign markets for their products. Requires the Secretary to direct specific market research for the products involved in foreign markets upon entering such agreements. Permits interested industrial corporations to submit a proposal incorporating specific marketing actions to the Secretary. Authorizes the Secretary to enter into a marketing agreement after approving any such proposal. Requires repayment of the Federal share of the costs by the entity entering into such an agreement. International Education Programs Act - Amends the Higher Education Act to direct the Secretary of Education to make grants to, and contracts with, institutions of higher education to pay the Federal share of the cost of programs designed to promote linkages between such institutions and the American business community engaged in international economic activities. Requires higher education institutions to apply for such grants and contracts. Limits the amount of Federal assistance. Provides for an advisory board to consider the grants made, or contracts entered into, and to review programs established under this section. Directs each Federal agency and U.S. representative to any international organization to: (1) identify programs affecting the export of U.S. firms' services; (2) make available information concerning such programs; (3) establish programs to publicize export-related programs for services; and (4) modify those programs with an adverse effect on the export of services. Makes the Secretary of Commerce responsible for coordinating such programs. Directs the Department of Treasury to report to Congress concerning the feasibility of extending DISC treatment to the export of services. Title VII: Agricultural Exports - Amends the Commodity Credit Corporation Charter Act to establish the Agricultural Export Credit Revolving Fund to be available for: (1) the export of, or aid in the development of, foreign markets for agricultural commodities; and (2) loans for the acquisition of facilities in foreign countries to improve the countries' capacities to handle agri-commodities exported from the United States. Directs the Secretary of Agriculture to report to Congress annually concerning the export credit sales program. Abolishes such fund effective October 1, 1983. Amends the Export-Import Bank Act of 1945 to require the ratio of credit extended by the Export-Import Bank for agricultural exports in comparison with the total amount extended be at least equivalent to the value of agricultural exports in comparison with total value of exports. Specifies exceptions to this requirement. Requests the President to take action to establish an International Wheat Exporting Commission which would establish an annual minimum world market price for wheat and prescribe export quotas. Requires the President to keep Congress informed about the establishment of such Commission and to report annually once such Commission is established. Title VIII: International Agreements - Expresses the sense of Congress that: (1) the multilateral trade agreement be strongly implemented; and (2) the efforts must continue to secure a freer world trading environment. Directs the Secretary of Agriculture to implement a special export subsidy program for agricultural commodities to neutralize the effects of foreign export subsidy programs. Specifies the circumstances required before such program may be implemented. Expresses the sense of Congress that the President should enter negotiations for international codes of: (1) official export financing; (2) business conduct; (3) reciprocity of antitrust enforcement; and (4) fair trade in services. Requires the President to report to Congress concerning the progress of such negotiations. Title IX: Government Support of Export Goals - Overseas Private Investment Corporation Act of 1980 - Establishes the Overseas Private Investment Corporation (OPIC) as an independent agency. Sets forth the duties of OPIC. Provides for the capital of OPIC to be paid in through the appropriation process and through transfer from OPIC's earned income. Sets forth the structure of OPIC with a Board of Directors, a President of the Corporation, an Executive Vice President of the Corporation, other officers and staff, and consultants. Authorizes OPIC to issue insurance to eligible investors covering new or existing investments protecting against specified risks. Authorizes OPIC to make arrangements with foreign governments or multilateral organizations for sharing liabilities. Limits the insurance that may be issued to a single investor. Authorizes OPIC to issue guarantees of loans and other investments. Sets forth limitations on such guarantees. Authorizes OPIC to make direct loans to privately owned or mixed publicly and privately owned firms for projects sponsored by or significantly involving United States small business or cooperatives. Limits the circumstances under which OPIC may acquire stock in any other corporation. Authorizes OPIC to initiate and support the identification, assessment, and promotion of private investment opportunities, with specified exceptions. Authorizes OPIC to administer special projects to provide private technical, professional, or managerial assistance in the development of human resources, skills, technology, capital savings, and intermediate financial institutions and cooperatives. Authorizes OPIC to engage in other insurance, reinsurance, and risk sharing activities with other insurance companies, financial institutions, persons, or groups. Limits the amount of reinsurance of liabilities which OPIC may issue. Limits the amount of maximum contingent liability pursuant to insurance or guarantees issued under this Act which may be outstanding at any one time. Establishes the: (1) Direct Investment Fund as a revolving fund to be available for direct investments; and (2) Insurance Reserve and Guaranty Reserve to be available for discharging liabilities. Authorizes appropriations to the investment and guaranty fund in specified circumstances. Authorizes OPIC to issue obligations in specified circumstances in order to discharge liabilities. Requires that all revenues and income transferred to or earned by OPIC be available to carry out OPIC's purposes. Directs OPIC to determine that suitable arrangements exist for protecting OPIC's interests in connection with any insurance, guaranty, or reinsurance issued under this Act. Pledges the full faith and credit of the United States for the full payment and performance of previous obligations. Sets forth conditions with respect to insurance, guaranty, and reinsurance coverage under this Act concerning fees, time limits, fraud, and settlement of disputes. Sets forth administrative provisions and duties applicable to OPIC. Requires OPIC to undertake to broaden the participation of United States small business, cooperatives, and other small investors in the development of small private enterprise in less developed friendly countries or areas. Directs OPIC to report annually to Congress concerning its operations. Amends the Foreign Assistance Act of 1961 to define "eligible investor" in terms of this Act with respect to housing guarantees. Repeals provisions: (1) prohibiting the transfer of OPIC funds between accounts; (2) authorizing the President to deny assistance to any less developed country which fails to enter into an agreement to institute the investment guaranty program; and (3) establishing OPIC. Stipulates that nothing in this part shall be construed as terminating any of OPIC's statutory authority. Requires the President to submit to the appropriate congressional committees any necessary technical or conforming amendments. Declares that the potential for U.S. exports shall be a primary decisionmaking factor in considering which projects to include in U.S. foreign aid programs. Requires the Director of the International Development Cooperation Agency, (IDCA) to transfer the functions of the Office of Reimbursable Development from the Agency for International Development to an independent functional status within the IDCA. Declares that the Office of Management and Budget should assure that adequate budget allocations are made available to carry out the programs prescribed in this Act. Declares that the Department of Justice should do what it can to facilitate procedures for exporters. Declares that the Small Business Administration should: (1) be aware of the benefits of export to small business development; and (2) use every opportunity to provide information and assistance to potential exporters. Declares that the U.S. ability to export coal, nuclear power fuels, and other energy matters in a reliable manner should be a key consideration. Directs congressional committees to include in their reports the effect of the bill or resolution on the international competitiveness of the United States. Creates a National Export Council to: (1) serve as a national advisory body on matters relating to United States export trade: (2) act as a liaison among the communities represented by its membership; and (3) provide advice on Federal plans and actions that affect export promotion and development policies which have an impact on those communities represented by its membership. Requires the Council to make an annual report to the President and the Congress on its activities. Authorizes the Secretary of Commerce to appoint commercial ministers, counselors, and attaches with the rank and privileges of other ministers, counselors, and attaches in U.S. embassies and consulates, to: (1) provide trade and commercial services; (2) engage in the promotion of U.S. exports; (3) file semiannual reports to the Secretary on market, industrial, and commodity conditions in their districts and on the implementation of multilateral and bilateral trade agreements; and (4) maintain current data on the commercial standing and capacity of foreign firms within their districts. Provides for domestic assignment, office logistics, allowances and benefits of such ministers, counselors, and attaches. Directs the Comptroller General to report to Congress with any recommendations concerning: (1) the organization of international trading and financing programs in the United States; (2) the effectiveness of foreign export promotion programs; and (3) the trade activities of specified Federal agencies. Expresses the sense of Congress that the appropriate congressional committees should review periodically the trade organization of the U.S. Government.
United States · United States Congress · 29 May 1980
Designates March 19, 1981, as "National Agriculture Day."
United States · United States Congress · 29 May 1980
Extends the congratulations of the House of Representatives to members of the 1980 handicapped Olympic team and recognizes specified organizations for their efforts in producing the second winter Olympics for the physically handicapped.
United States · United States Congress · 22 May 1980
National Defense Compensation Act of 1980 - Increases the pay and allowances, and certain special and incentive pays, of members of the uniformed services for pay periods beginning after December 31, 1981, 1982, and 1983. Directs the President, in any year in which an alternative pay plan is transmitted to the Congress, to include in such plan a statement specifying the adjustments which would have been made but for such alternative plan.
United States · United States Congress · 22 May 1980
Amends the Rules of the House of Representatives to authorize standing committees with more than 20 members to establish not more than six subcommittees. Sets forth a schedule for current standing committees with more than six subcommittees to reduce the number of subcommittees in the 97th and 98th Congresses. Limits Members to service on no more than five subcommittees at any one time, excluding ad hoc committees. Directs that service on select, permanent select, joint, or special committees shall be counted as service on one subcommittee. Provides that chairmen and ranking minority members of committees shall not count ex officio membership on subcommittees. Authorizes Members who currently serve on more than six subcommittees to serve on six subcommittees in the 97th Congress. States that subcommittees include any subunit of a committee established for a period of more than six months, and that members include Delegates and Resident Commissioners to the House of Representatives. Makes this resolution effective January 3, 1981.
United States · United States Congress · 15 May 1980
Amends the Internal Revenue Code to permit the nonrecognition of gain from the sale or exchange of a taxpayer's principal residence even though the purchase price of a new residence is less than the adjusted sales price of the old residence. Specifies that the purchase price of the new residence may not be more than $100,000 less the adjusted sales price of the old residence. Extends from 18 to 30 months the period (rollover period) during which a taxpayer must reinvest the proceeds from the sale of a residence in a new residence in order to qualify for the nonrecognition of any gain.
United States · United States Congress · 15 May 1980
Law Enforcement Officers' Protection Act of 1980 - Directs the Secretary of the Treasury to: (1) conduct a study to determine the capacity of handgun bullets to penetrate bulletproof vests and the risk posed to law enforcement officers by the availability of handgun bullets; and (2) report the findings and legislative recommendations to the President and Congress within one year after funds are made available under this Act.
United States · United States Congress · 14 May 1980
Uniformed Services Health Professionals Special Pay Act of 1980 - Provides special and additional pay for dental officers of the Army, Navy, Air Force, or the Public Health Service who are on active duty for a period of not less than one year. Sets forth a schedule for such pay providing that: (1) dental officers below pay grade 0-7 are to receive between $1,200 and $9,000 per year based on years of creditable service; and (2) such officers above pay grade 0-6 are to receive $1,000 per year. Entitles an officer eligible for special pay to an additional $6,000 to $10,000 per year based on years of creditable service, during which such officer is not undergoing medical internship or initial residency training, upon the execution of a written agreement under which the officer agrees to remain on active duty for not less than one year. Authorizes additional special pay from ($2,000 to $4,000 based on years of creditable service) for those dental officers eligible for special pay who are board certified under regulations prescribed under this Act. Includes, in computing years of creditable service for such officers, all periods of internship or residency training during which such officers were not on active duty and all periods of active service in the Armed Forces or the Public Health Service. Entitles an optometry officer of the Army, Navy, Air Force, or the Public Health Service on active duty for a period of not less than one year to variable special pay from $1,000 to $3,000 based on years of creditable service. Entitles such an officer with at least three years of creditable service who is entitled to such special pay to an additional $1,000 for any 12-month period during which the officer is not undergoing optometry residency training, upon the execution of a written agreement to remain on active duty for a period of not less than one year. Computes years of creditable service for such officers by adding all periods the officer spent in optometry residency training while not on active duty together with all periods of active service as an optometry officer. Entitles podiatry officers of the Army, Navy, Air Force, or the Public Health Service on active duty for a period of not less than one year to special pay of $100 per month, if such officer has three or more years of creditable service. Computes such officer's years of creditable service by adding all periods the officer spent in podiatry residency training while not on active duty together with all periods of active service as a podiatry officer. Entitles medical officers of the Public Health Service on active duty for a period of not less than one year to special pay at the following rates: (1) officers below pay grade 0-7 are to receive variable special pay between $1,200 to $10,000 based on years of creditable service; and (2) officers above pay grade 0-6 are to receive $1,000 per year. Entitles such officers with less than ten years of creditable service to additional special pay of $9,000 for any 12-month period during which the officer is undergoing medical internship or initial residency training (under regulations prescribed by this Act). Entitles such officers with ten years or more of creditable service to additional special pay of $10,000 for the same period of residency or internship training. Authorizes any such officer who is entitled to variable special pay and who is board certified to additional pay between $2,000 and $5,000 based on years of creditable service. Entitles such officers below the pay grade 0-7 to incentive special pay in an amount not to exceed $8,000 for any 12-month during which the officer is not undergoing medical internship or initial residency training. Declares that such officers shall not be eligible for such incentive pay unless the Secretary concerned determines such officer to be qualified in the medical profession. Limits such incentive pay not more than six percent of any special pay the officer receives in any fiscal year. Prohibits the payment of additional special pay or incentive special pay unless the officer executes a written agreement to remain on active duty for a period of not less than one year. Computes periods of creditable service for medical officers of the Public Health Service by adding all periods such officer spent in medical internship or residency training while not on active duty together with all periods of active service in the Medical Corps of the Army, or Navy, as a medical officer of the Air Force or the Service. Eliminates provisions of existing law limiting special pay to September 1980. Directs the Secretary concerned to prescribe regulations for the administration of provisions of this Act. Prohibits the amount of special pay to which an officer is entitled from being included in computing the amount of any increase in pay, retirement pay, severance pay, or readjustment pay. Provides that any officer entitled to additional special pay or incentive special pay under this Act who terminates active duty before the end of the period for which payment was made, shall reimburse to the United States any amount applicable to the unserved portion of such duty. Directs the Secretary of Defense to review every two years the special pay for health professionals. Requires a report to Congress of the results of such review. Makes technical and conforming amendments.
United States · United States Congress · 14 May 1980
Authorizes and requests the President to designate the seven-day period beginning October 5, 1980, as "National Port Week." Directs the Secretary of Commerce to report annually to Congress on the conditions of U.S. public ports.
United States · United States Congress · 7 May 1980
Year-End Spending Control Act - Requires the Director of the Office of Management and Budget to apportion appropriations to Federal agencies in a manner which insures that no more than 20 percent of the total appropriations available to an agency in a fiscal year may be obligated during the last two months of that year. Authorizes the Director to waive such a spending limitation upon determining that it would seriously disrupt an agency program or operation, if the Director reports on such waiver to Congress before the agency violates such limitation. Requires the Director to report to Congress concerning: (1) the implementation of this Act; (2) violations of spending limitations; (3) the results and impacts of this Act including the effects upon procurement and apportionment processes; and (4) recommendations on continuing the spending limitations. Exempts reserves established to comply with a spending limitation under this Act from reporting requirements of the Impoundment Control Act of 1974. Directs an agency to consider an employee's compliance with agency rules and procedures applicable to year-end expenditure practices when: (1) evaluating the performance of a member of the Senior Executive Service; and (2) determining any pay increase for a supervisor or manager under the merit pay system.
United States · United States Congress · 1 May 1980
Export Promotion and Export Trading Company Act of 1980 - Directs the Secretary of Commerce to encourage the formation of export trading companies by providing information and advice to interested persons. Requires the Secretary to provide a referral service to facilitate contacts between producers of exportable goods and services and concerns offering export trade services. Permits State and local governments to participate in such export trading companies. Amends the Webb-Pomerene Act to exempt trading companies, solely with respect to their export trade activities, from antitrust restrictions. Directs the President, five years after enactment, to appoint a task force to study and report any recommendations to the President concerning the effect of this Act on domestic competition and the U.S. trade deficit.
United States · United States Congress · 30 April 1980
Extends the commendation of the Congress to the military personnel who took part in the attempt to rescue the hostages in Iran and recommends that the President consider awarding appropriate military decorations to such personnel. Extends congressional condolences to the families of the men who died during the attempted rescue. Recommends that Iranian assets frozen in the United States be made available to certain American claimants for damages against Iran.
United States · United States Congress · 28 April 1980
Expresses the condolences of the Congress over the death of members and officials of the United States Amateur Athletic Union boxing team in a plane crash in Warsaw, Poland.
United States · United States Congress · 17 April 1980
Hostage Relief Act of 1980 - Title I: Amendments to Title 5 of the United States Code - Amends title 5 of the United States Code to direct the Secretary of the Treasury to establish a savings fund to which the head of an agency may allot all or a portion of the pay and allowances of any employee who is in a missing status on or after November 4, 1979, as the result of a hostile action against the United States. Requires interest on such fund to be compounded quarterly at the average rate paid on United States Treasury bills with three-month maturities issued during the calendar quarter immediately preceding the first day of the applicable pay period. Directs the President to issue regulations to authorize agency heads to reimburse (up to $25,000 in any calendar year) any such employee, or dependent of such an employee, for necessary travel, rest and recuperation, private medical car, and other expenses related to the ordeal which are incurred on or after such date. Entitles the spouse of such an employee to reimbursement, for a certain time, for expenses incurred for tuition, books, fees, and subsistence while attending an educational or training institution. Extends to such employees the provisions of the Soldiers' and Sailors' Civil Relief Act of 1940, deferring civil actions that affect property rights of such persons until their missing status is ended. Applies the provisions of this Title to all citizens and resident aliens of the United States held hostage in Teheran at any time during November, 1979, and to their dependents and spouses, regardless of whether they are Federal employees. Title II: Amendments to the Internal Revenue Code of 1954 - Amends the Internal Revenue Code to exclude from the gross income of such an employee compensation received for active service for any month during the period of his or her missing status, or during which such employee was hospitalized as a result of wounds, injury, disease, or partial or total physical or mental disablement incurred during a hostile action against the United States. Cancels the income taxes for any such employee who dies as a result of such hostile action, for the year in which death occurs and for all prior years during which the employee was in missing status. Authorizes spouses of such employees to file a joint income tax return. Defers the filing of an income tax return by such an employee until after 180 days following the termination of his or her missing status. Applies the provisions of this Title to all citizens and resident aliens of the United States held hostage in Teheran at any time during November, 1979, regardless of whether they are Federal employees. Applies the tax exclusion to non-employees only to the extent of the daily equivalent of the annual basic rate of pay in effect for level V of the Executive Schedule.
United States · United States Congress · 17 April 1980
Authorizes the President to transmit to Congress an alternative plan for the annual adjustment in the pay rates of the civil service statutory pay systems only in a year in which general wage guidelines or controls are in effect. Declares that the pay adjustment in such a plan shall not be less than the pay adjustment allowed, or the median of adjustments allowed, under such guidelines or controls. Defines the term "general wage guidelines or controls" as any limitation which is imposed on wages by a Federal authority as part of a program to control inflation and which is enforceable by specified means.
United States · United States Congress · 16 April 1980
Prohibits the Secretary of Transportation, whenever the total of all obligations for Federal-aid highways and highway safety construction programs is limited by operation of law to a fixed amount for a fiscal year, from controlling: (1) the rate of obligation of such limitation; and (2) programs or projects eligible for Federal financial assistance from such funds. Allows the Secretary, under certain conditions, to control the obligation of such limitation by allocation according to specified formulae for fiscal years 1980, 1981, and beyond.
United States · United States Congress · 16 April 1980
Directs the President to utilize the forum of the Venice Economic Summit to urge the development of an International Code of Business Conduct. Expresses the sense of Congress that the President should negotiate and report to Congress concerning agreements to establish standards of ethical and equitable conduct of international business and mechanisms to resolve problems. Requires the Joint Economic Committee to report to Congress concerning its recommendations regarding such negotiations.
United States · United States Congress · 16 April 1980
Calls upon the President to: (1) increase humanitarian assistance to East Timor; (2) encourage Indonesia to allow free emigration from East Timor; (3) establish a U.S. presence in East Timor; and (4) encourage Indonesia to withdraw its troops from East Timor and allow self-determination for the East Timorese.
United States · United States Congress · 15 April 1980
Small Business Capital Formation, Capital Retention, and Expansion Act of 1980 - Amends the Internal Revenue Code to allow small businesses an income tax credit equal to 50 percent of the cash contributions to a business expansion reserve. Limits the amount of such credit to $300,000 for a taxable year. Requires that expenditures made from such reserve be used to acquire, construct, reconstruct, or erect depreciable business assets, for research or experimentation in connection with the taxpayer's trade or business, or for employee wage increases. Permits the accumulation of amounts of capital in the business expansion reserve for up to five years without tax penalty. Disallows any business expense deduction or credit for amounts paid out of a business expansion reserve other than the credit authorized by this Act. Limits the allowable deduction for depreciation of property acquired by funds paid out from a business expansion reserve to an amount determined under the straight line method.
United States · United States Congress · 15 April 1980
Social Security Payroll Credit Act of 1980 - Amends the Internal Revenue Code to allow employers, employees, and self-employed individuals an income tax credit equal to ten percent of the amount of social security taxes paid by such individuals in 1981 or 1982.
United States · United States Congress · 15 April 1980
Requests the President to issue a proclamation declaring the week of April 20, 1980, as "National Secretaries Week".
United States · United States Congress · 2 April 1980
Expresses the sense of Congress that effective monitoring and enforcement of the export control measures taken in response to the Soviet invasion of Afghanistan should receive highest priority. Requires any removal or relaxation of any such export control or any approval of licenses for exports to the Soviet Union to be reported to Congress. Directs the Secretary of Commerce to report quarterly to Congress concerning the effectiveness of such export controls. Directs other Federal agencies to cooperate with the Department in the preparation of such report. Requires the Joint Economic Committee of the Congress to review such report with regard to the assessment of the economic effects of such controls on the Soviet Union and to provide an evaluation to specified congressional committees.
United States · United States Congress · 2 April 1980
Directs the Secretary of Health and Human Services (formerly, the Secretary of Health, Education, and Welfare) to conduct a clinical investigation of the safety and efficacy of dimethyl sulfoxide as a drug to be used by persons with arthritis.
United States · United States Congress · 1 April 1980
Authorizes the Secretary of the Air Force to acquire all right, title, and interest in certain real property contiguous and nearby to McClellan Air Force Base, California. Authorizes the Secretary to convey, as consideration for such acquisition, all right, title, and interest in Federal lands nearby such base, known as Splinter City and Camp Kohler.
United States · United States Congress · 1 April 1980
Proclaims October 19, 1981, a national day of celebration as the two hundredth anniversary of the victory of General George Washington at Yorktown, Virginia.
United States · United States Congress · 1 April 1980
Declares that it is the sense of the House of Representatives that the Committee on Ways and Means should study, and consider legislation to achieve the goals of recent proposals by certain prominent economists to control inflation by providing tax benefits to employers who moderate price increases for their products and employees who moderate wage demands.
United States · United States Congress · 31 March 1980
Amends the Internal Revenue Code to allow an employee, in the case of an employee annuity, to elect to exclude from gross income all amounts received by such employee under the annuity until the employee recovers his consideration, without regard to whether such consideration is recovered during the first three years of such annuity. Authorizes revocation of such election only with the consent of the Secretary of the Treasury.
United States · United States Congress · 28 March 1980
National Ridesharing Act of 1980 - Transfers specified provisions of the Federal-Aid Highway Act of 1978 relating to carpool and vanpool projects to Federal highway law, as codified. Includes specified recipients of financial assistance under the Urban Mass Transportation Act of 1964 among those to whom the Secretary of Transportation may make grants and loans for carpool and vanpool projects. Prohibits the use of such grants for the construction of highway lanes as preferential carpool or vanpool highway lanes, or for the construction of parking facilities. Directs the Secretary to establish within the Department of Transportation a National Office of Ridesharing to coordinate all carpooling and vanpooling activities within the Department. Requires the Office, in connection with carpooling and vanpooling, to: (1) set national goals for reduction of pollution and traffic and conservation of motor fuel; (2) compile statistics; (3) perform economic analyses; (4) provide promotion, technical assistance, and public information; (5) evaluate national impacts of, and identify obstacles to, such programs; and (6) report and recommend legislation to Congress. Directs the Secretary to report annually on such programs to the President and the Congress. Prohibits the Secretary from approving, after January 1, 1982, the granting of such carpooling or vanpooling financial assistance to be used in any urban area of more than 50,000 population unless the Secretary finds that such assistance is based on a continuing comprehensive transportation planning process carried on cooperatively by States and local communities. Amends the Federal-Aid Highway Act of 1978 to increase the amount of the authorization of appropriations from the Highway Trust Fund for specified assistance for carpool and vanpool projects for fiscal year 1981 and to extend the authorization of such appropriations through fiscal year 1982. Increases the amounts authorized to be appropriated from the Highway Trust Fund for specified grants and loans for such projects for fiscal year 1979, 1980, and 1981, and extends such authorization of appropriations through fiscal year 1982. Provides that, to the extent authorized by Acts governing the use of funds available in the windfall profit tax account, such funds shall be available, as provided in appropriation Acts, for such financial assistance for such projects. Limits the amounts of such funds available for specified purposes in fiscal year 1982.
United States · United States Congress · 28 March 1980
Amends the Internal Revenue Code to subject to income tax withholding agricultural labor which is otherwise subject to FICA tax withholding. States that withholding shall be applied to agricultural labor if: (1) the cash remuneration is $150 or more during the calendar year; or (2) the employee performs such labor for the employer on 20 days or more during such year for cash remuneration computed on a time basis.
United States · United States Congress · 26 March 1980
Designates the third Monday in February of each year as "National Patriotism Week."
United States · United States Congress · 25 March 1980
Designates the Curecanti Storage Unit, Colorado, of the Colorado River Storage Project as the Wayne N. Aspinall Storage Unit.
United States · United States Congress · 25 March 1980
Alcohol Farm Fuel Use Tax Act of 1980 - Amends the Internal Revenue Code to allow, in the case of a taxpayer engaged in the trade or business of farming, a credit against income tax in an amount equal to the annual expenditures (not to exceed $2,000) for conversion of qualified farm equipment to the fuel use of either: (1) pure alcohol; or (2) a mixture not less than 20 percent of which is alcohol. Requires that such equipment use an internal combustion engine for power and that it be used on a farm in the United States. States that the increase in the basis of such farm equipment which would otherwise result from such an expenditure shall be reduced by the amount of credit so allowed.
United States · United States Congress · 24 March 1980
Omnibus Maritime Regulatory Reform, Revitalization, and Reorganization Act of 1980 - Title I: Findings and Purposes - Declares that the purposes of this Act are to: (1) promote the foreign commerce of the United States; (2) develop and maintain an efficient and competitive ocean transportation system capable of carrying a substantial portion of America's imports and exports; (3) provide for the national security; (4) ensure a unified and consistent national maritime policy; and (5) ensure that United States-flag vessels are fairly and reciprocally treated in international trade. Title II: Regulation of International Ocean Shipping - Exempts from the antitrust laws certain loyalty contracts between or among ocean common carriers, certain activities of shippers' councils, specified agreements regarding transportation between foreign countries that do not involve import or export of goods into or out of the United States, and agreements to be performed entirely within a foreign country. Authorizes ocean common carriers, conferences, or others subject to this title to: (1) discuss, fix, and agree upon rates, surcharges, and accommodations; (2) pool or apportion earnings, losses, or traffic; (3) allot ports or otherwise regulate the number and character of sailings between ports; (4) regulate the volume or character of cargo or passenger traffic to be carried; (5) engage in various working arrangements; (6) enter into agreements to regulate competition; and (7) limit conference membership. Sets forth requirements pertaining to loyalty contracts utilized by ocean carriers or conferences of carriers with shippers or consignees. Authorizes shippers' councils to negotiate with any ocean common carrier or conference regarding rates, practices, and terms and conditions of service and to exchange information with such carriers or conferences concerning traffic and transportation data. Provides that nothing in this title shall restrict the powers of an association organized under the Export Trade Act of 1918. Requires that agreements made among ocean carriers or conferences or with shippers' councils be filed with the Federal Maritime Commission which in turn, shall publish such notice of such filing in the Federal Register. Sets forth rules governing the activities of ocean carrier conferences, including: (1) reasonable notice to the appropriate shippers' councils of any proposed rate changes; (2) a right of independent action for any member of a conference agreement or for any conference serving different trades that would otherwise be naturally competitive; (3) an independent neutral body to monitor compliance; (4) a consultation process between shippers' councils and conferences to exchange information and resolve disputes; (5) conditions for admission and readmission to conference membership; (6) the opportunity to withdraw from membership without penalty; (7) commercially reasonable criteria for limitations on membership; and (8) a description, in any agreement filed under this Act, of the proposed changes in allotting ports or regulating sailings between ports. Requires shippers' councils to: (1) establish a consultation process between shippers and conferences; (2) commercially resolve disputes; and (3) cooperate in curbing malpractice. Declares that agreements between conferences and shippers' councils shall become effective within 60 days after filing with the Commission. Authorizes the Commission to suspend such effective date at its discretion for up to 180 days. Sets forth the conditions under which the Commission may disapprove or modify any such agreement. Directs the Commission to issue a final decision on any complaint within 180 days or, for cause, within an additional 60 days. States that such agreement shall go into effect as filed if such final decision is not issued within the 180 day period or by the end of any extension period. Authorizes the Commission, if it determines that it is unable to issue a final order within such period or extension due to willful delays directly attributable to either a proponent or a complainant, to approve or disapprove the agreement solely on the basis of such delays. Sets forth requirements relating to the filing and public accessibility of ocean carrier, conference, or nonvessel operating tariffs. Directs that increases in existing rates may not become effective earlier than 30 days after filing with the Commission unless the Commission allows otherwise. States that a rate change which decreases a shipper's cost may become effective upon such filing. Authorizes the Commission to permit an ocean carrier or conference to refund a portion of freight charges collected from a shipper to correct an error in the rate charged. Prohibits any ocean common carrier that is controlled by a government under whose registry such carrier operates from maintaining rates below a level which is just and reasonable. Places the burden of proving that such tariff is just and reasonable on the controlled carrier involved. Sets forth factors which the Commission may consider in determining whether the rates of such a controlled carrier are just and reasonable, including whether: (1) the rates are below a level which is fully compensatory to the controlled carrier; (2) the rates are the same as or similar to those charged by other carriers in the same trade; (3) the rates are required to assure movement of particular cargo in the trade; or (4) the rates are required to maintain acceptable service to or from affected ports. Requires a controlled carrier, upon the request of the Commission, to file a statement of justification of its existing rates or proposed rates. Authorizes the Commission to suspend a controlled carrier's rate pending a determination of its lawfulness. Requires the Commission to transmit to the President any order of suspension or final order of disapproval of a controlled carrier's rates. Grants the President the authority to require the Commission to stay such order for national defense or foreign policy reasons. Sets forth exemptions with respect to the controlled carrier regulations contained in this Act. Prohibits any person from acting as an ocean freight forwarder or nonvessel operating common carrier unless the person has been issued a license by the Commission. Creates a procedure for such licensing. Directs an ocean carrier to compensate an ocean freight forwarder in connection with any cargo shipment dispatched on behalf of others only when such forwarder has performed specified services. Sets forth guidelines under which such compensation is to be paid. Prohibits specified acts by ocean common carriers including rebates, rate discrimination, and retaliation against shippers. Sets forth the powers of the Commission and procedures to be followed with respect to adjudication proceedings under this title. Sets forth penalties for violations of this title. Authorizes the Commission to modify or remit any such penalty. Authorizes the Commission to exempt any specified activity or class of agreements between ocean carriers or other persons subject to this title from any requirement of this title. Directs that orders of the Commission relating to violations of this title or to regulations issued hereunder shall be made only after opportunity for hearing. Sets forth guidelines concerning the reversal, suspension, and enforcement of such orders. Repeals the Shipping Act of 1916. Title III: Amendments to the Merchant Marine Act, 1936 - Amends the Merchant Marine Act, 1936 to declare that the policy of the United States shall be to have an efficient and competitive merchant marine, owned and operated under the United States flag, capable of carrying its domestic commerce and a substantial portion of its foreign commerce and to have an efficient and competitive shipbuilding capacity that is sufficient to satisfy the needs of national security. Directs the Secretary of Commerce, in consultation with the Secretary of State, to attempt to eliminate through negotiation the adverse effects of a foreign nation's reservation of all or a portion of the cargoes moving in its waterborne commerce for its national-flag carriers. Directs the Secretary of Commerce to conclude, if necessary, an intergovernmental maritime agreement with such a nation to protect the interests of United States-flag carriers. Specifies required provisions in such an agreement. Grants specified powers to the Secretary of Commerce, including authority: (1) to achieve the goal that United States-flag vessels carry 50 percent or more of the liner and bulk cargoes of the United States' foreign commerce; (2) to ensure the capacity of shipyards necessary for national security; and (3) to meet with the Secretary of the Navy, and others, and to annually submit a report to the President and the Congress of their activities and recommendations. Establishes within the Department of Commerce an Under Secretary for Maritime Policy (the Under Secretary). Modifies the construction- differential subsidy and cost of national defense features incident to the construction or reconditioning of ships to include those costs essential to maintaining a shipyard mobilization base. Authorizes the appropriation of such sums as may be necessary to insure the existence of a competitive privately owned United States-flag fleet and the maintenance on a continuing basis of such mobilization base. Directs the Secretary of Commerce to investigate and keep current records of shipyards, related industrial production facilities, and skilled manpower available to same. Allows any citizen of the United States to make application to elect a per diem subsidy for certain vessels exclusively engaged in the bulk trades instead of a construction-differential subsidy or an operating-differential subsidy. Authorizes the Secretary to enter into a contract, with specified restrictions, for the payment of such per diem subsidy. Sets forth in detail the components of such subsidy. Revises the construction-differential subsidy program under such Act to make vessels which are to be used in international trade (previously only foreign trade) eligible for such subsidies. Prohibits the payment of such a subsidy unless the Secretary certifies that he has considered the standards established by the Secretary of the Navy. Reduces such subsidy unless the vessel involved is part of an existing or future vessel series as determined by the Secretary of Commerce. Directs the Secretary of the Navy to establish standards relating to the equipment and specifications for vessels so that they will be suitable for use by the United States for national defense or military purposes. Allows an owner or charterer of a vessel: (1) built in a United States' shipyard; (2) documented under United States laws; and (3) operated in the foreign commerce of the United States, or a United States shipyard to apply for a construction-differential subsidy to make such vessel at least 15 percent more energy efficient. Authorizes the Secretary of Commerce to enter into specified contracts for such reconditioning. Requires that materials used in such reconditioning be of United States origin. Redefines such a reconditioned vessel as a "new vessel" and reduces by ten years the age of such vessel for the purposes of this Act. Repeals the termination date for the construction-differential subsidy program. Directs that the price of constructing a vessel in a foreign shipyard shall reflect the lower price to the vessel owner. Authorizes the Secretary to pay in excess of the approved construction-differential subsidy if ship construction necessary to sustain the shipyard mobilization base level will not be undertaken during the fiscal year. Revises the duties of the Secretary of Commerce and the Secretary of Defense as regards the shipbuilding and ship repair capacity of the United States. Sets forth criteria for the assessment of such capacity. Reduces the duration of documentation of a completed vessel. Grants the Secretary of Commerce an option to purchase such vessel for national defense purposes. Allows a ship purchaser operating with an operating-differential subsidy to negotiate with regard to vessel specifications with foreign or domestic shipyards upon application to the Secretary. Specifies steps to be taken by the Secretary in granting such subsidy. Directs such purchaser to accept the lowest price proposal offered by a United States shipyard if such subsidy is granted. Allows such purchaser to contract with a foreign shipyard if such subsidy is not granted. Removes the competitive bidding requirement for the construction of vessels receiving such a subsidy at United States' shipyards. Sets forth requirements as to which materials used in constructing subsidized vessels may be of foreign origin or must be of United States origin. Directs the owner of a subsidized vessel to agree that such vessel shall be operated exclusively in (1) the foreign commerce of the United States; (2) international trade; or (3) on a round-the-world voyage or other specified round voyages. Allows the Secretary to approve the temporary transfer of such vessel to service other than the service covered by such agreement. Requires the owner of such a vessel to pay a prescribed amount for such transfer. Defines the "useful life of the vessel" as 25 years from the date of delivery. Authorizes the Secretary to sell a vessel from the reserve fleet for commercial use to a U.S. citizen. Directs the Secretary of Transportation to report his recommendations to Congress concerning the elimination of unnecessary requirements or procedures used by vessel classification societies. Prohibits the Secretary of Commerce from approving, unless specified conditions are met, the application of a U.S. citizen for financial aid in the operation of certain vessels. Directs the Secretary, in considering application for subsidies under this Act, to provide shipping services on a nondiscriminatory basis. Sets forth eligibility requirements for operating-differential subsidies for vessels in specified trade or service. Specifies amounts to be paid by the Secretary for such subsidies or in lieu thereof. Disallows such subsidies for a vessel exclusively engaged in domestic trade. Directs the Secretary to develop, keep, and publish cargo forecasts for essential trade routes. Sets forth provisions for subsidizing additional United States-flag sailings. Permits an operator receiving such subsidy to make specified replacements, transfers, or exchanges under his contract. Directs the recipient of an operating-differential subsidy ("the contractor") to conduct his operations in an economical and efficient manner. Allows a contractor to suspend such subsidy contract for not less than 12 months. Sets forth requirements under which such subsidy may be paid. Prohibits certain subsidized contractors, charterers, affiliates thereof, and specified employees from owning or operating specified foreign-flag vessels which compete with a United States-flag vessel providing essential service. Directs the Secretary to assure that any subsidized contractor who also owns foreign-flag vessels uses subsidy funds only to support United States-flag vessels. Directs that at least 50 percent of materials procured by the United States which may be transported on ocean vessels shall be transported on certain United States-flag commercial vessels. Directs each department or agency to develop an affirmative plan of action to achieve the above objective. Sets forth requirements for such plans and for their approval by the Secretary. Prohibits operators from repairing a vessel in a foreign country except in an emergency which renders the vessel incapable of reaching the United States or Puerto Rico for such repairs. Directs the Secretary to determine whether such repairs were performed pursuant to this title and to levy a duty on such operator if they were not. Defines, for purposes of this Act, a citizen of the United States. Prohibits, generally, the transfer of a vessel to any person not a citizen of the United States. Directs the Secretary to investigate and examine the: (1) cost and operation of merchant vessels in the United States and foreign countries; (2) construction methods and rules under which vessels are constructed; (3) subject of marine insurance; and (4) navigation laws of the United States, and to make recommendations for their revision. Authorizes the Secretary of the Treasury to refuse clearance to a vessel under specified circumstances. Prohibits specified activities during a war or national emergency without the approval of the Secretary of Commerce. Orders that any vessel or related facility transferred in violation of this Act shall be forfeited to the United States. Declares that in any action to enforce such forfeiture, the criminal conviction of any person for a violation thereof with respect to the subject of the forfeiture shall constitute prima facie evidence of such violation against the person so convicted. Specifies penalties for violation of this Act. Designates the Secretary of Commerce as a preferred creditor under a preferred ship mortgage as defined in the Ship Mortgage Act of 1920. Repeals the termination date for the provision of war-risk insurance by the Secretary to United States vessels. Title IV: Tax Title - Amends the Merchant Marine Act of 1936 to include in the amount deposited in the capital construction fund income attributable to the ownership or sale of an eligible agreement vessel and the insurance proceeds attributable to such vessel. Redefines the term "eligible vessel" to include only vessels operated in international trade, the foreign or domestic commerce of the United States, or the fisheries of the United States. Amends the Internal Revenue Code regarding the applicable percentage of basis used in the case of certain vessels. Redefines the useful life of specified progress expenditure property. Increases to 100 percent the investment credit for certain vessels. Sets forth guidelines for the depreciation of expenditures for specified vessels. Title V: Miscellaneous - Repeals a specified provision of the Merchant Marine Act of 1920. Amends the Intercoastal Shipping Act, 1933, to require that rates and charges for certain barging of containerized cargo between points in the United States be filed with the Federal Maritime Commission. Directs the Federal Maritime Commission to promulgate rules governing such barge operations. Directs every common carrier by water in interstate commerce to observe reasonable rates, charges, and tariffs and reasonable regulations and practices in the transportation or storage of property. Directs such carriers to file with the Commission the maximum rates and charges for its services. Prohibits a carrier from collecting an amount in excess of such filed rates and charges except with the approval of the Commission. Empowers the Commission to set such rates if a carrier fails to do so.
United States · United States Congress · 24 March 1980
Requests the President to designate the reunion of American and Japanese veterans at Iwo Jima on June 11, 1980, as a national historic event.
United States · United States Congress · 19 March 1980
Presidential Commission on National Service Act of 1980 - Establishes the Presidential Commission on National Service to examine: (1) alternative national service programs; (2) the rate of women in any national service program; (3) the necessity for drafting individuals into any national service program; (4) the role of military and civilian service in any national service program; (5) examine existing volunteer service programs. Sets forth the duties, membership, and powers of the Commission. Directs the Commission to submit a final report to the President and to Congress. Terminates the Commission 180 days after submission of its final report. Authorizes appropriations necessary for the Commission to carry out its duties.
United States · United States Congress · 19 March 1980
Designates the week beginning February 1, 1981, as "National Scleroderma Week."
United States · United States Congress · 13 March 1980
Amends the Internal Revenue Code to allow the residential energy credit for energy conservation expenditures with respect to residences substantially completed after April 19, 1977, if such expenditures are for energy conservation items which are not required by Federal, State, or local housing standards.
United States · United States Congress · 13 March 1980
Title I: Northeast Corridor - Northeast Corridor Redirection Act of 1980 - Amends the Railroad Revitalization and Regulatory Reform Act of 1976 (the Act) to extend the time period within which: (1) regularly scheduled and dependable intercity rail passenger service is to be established between Boston and New York, and New York and Washington, D.C.; and (2) the Secretary of Transportation must submit to Congress an updated, comprehensive report on the financial and operating results of such service. Adds as a new goal of the Act, the elimination of congestion in rail traffic at the Baltimore and Potomac Tunnel in Baltimore, Maryland. Increases the authorization of appropriations for the Boston-Washington, D.C. passenger service required by the Act. Authorizes the Secretary to acquire necessary real estate interests to effectuate the goals of this Act. Authorizes the Secretary to enter into agreements with cost-sharing State, local, or regional transportation authorities, providing for the Secretary to carry out such improvements and requiring reimbursement by the cost-sharing parties. Authorizes the Secretary to transfer to the National Railroad Passenger Corporation excess real or personal property from the Northeast Corridor improvement project. Requires that such property be subject to the mortgage entered into pursuant to the Act. Declares that it shall be a goal of the Corporation to manage its operating costs, pricing policies, and other factors so that annual revenues derived from the operation of intercity rail passenger service over the Northeast Corridor route between Washington, D. C., and Boston, Massachusetts, shall equal or exceed the annual operating costs of providing such service. Establishes a goal of self-sufficiency for such intercity passenger service within five years of the completion of such project. Requires the Corporation to submit to the President for transmission to the Congress a report on the success of the Corporation in attaining such goal. Title II: National Rail Passenger Corridor Projects - National Rail Passenger Corridors Act of 1980 - Amends the Rail Passenger Service Act to declare that it is the purpose of this title to provide for the development of high-speed intercity rail passenger service in corridors throughout the United States. Directs the Secretary, under such Act, to establish improvement projects in 13 specified rail passenger corridors. Sets forth a deadline for meeting specified service goals for such projects. Directs the Corporation to develop design and engineering plans for each corridor improvement project. Directs the Corporation to consult with the States and rail carriers to be affected by the provision of such rail passenger service. Authorizes the Corporation to undertake specified improvements in tracks and facilities. Directs the Corporation to acquire specified new equipment. Requires the Corporation to submit: (1) by January 1, 1981, a report to Congress concerning preliminary cost estimates of such improvement; and (2) by July 1, 1981, a report to Congress setting forth final estimates in regard to such costs in each corridor. Directs the Corporation to enter into contracts and agreements with other rail carriers for the improvement of such tracks and facilities. Authorizes the Corporation to apply to the Secretary for an order directing such rail carrier to make the requested improvements. Permits the Secretary to order such improvements under certain conditions and including specified terms. Directs the Secretary to use certain criteria in establishing compensation for such required improvements. Directs the Corporation, under certain conditions, to undertake improvements in service between corridors in order to maximize ridership. Directs the Corporation to report to the Secretary any deterioration suffered by a track improved under this title. Directs the Secretary to investigate such track and, if necessary, order the rail carrier which owns such track to make the appropriate repairs by a specified date. Sets forth a civil penalty and an affirmative defense for a failure to comply with such order of the Secretary. Directs the Comptroller General to conduct annual audits, using the records of the Corporation, and to report on each audit to Congress. Directs the Corporation to identify restrictions imposed by a State or local government on the speed of Amtrak trains and to consult with such governments for purposes of evaluating alternatives to such restrictions. Directs the Corporation to include in its annual report to Congress certain information with respect to each corridor improvement project. Authorizes appropriations for the purposes of this title. Directs the Secretary, under specified conditions, to order a rail carrier to permit Amtrak trains over its lines for compensation agreed upon by the Corporation and such carrier or ordered by the Interstate Commerce Commission.
United States · United States Congress · 13 March 1980
Authorizes and requests the President to designate May 1, 1980, as "National Save the Children Day."
United States · United States Congress · 12 March 1980
Designates the week commencing with the third Monday in February of 1981 as "National Patriotism Week."
United States · United States Congress · 12 March 1980
Expresses the sense of Congress that school authorities and college and university administrators should consider strengthening the study of foreign languages and cultures through appropriate actions.