United States · United States Congress · 6 October 1992
International Narcotics Control Act of 1992 - Amends the Foreign Assistance Act of 1961 to authorize appropriations for international narcotics control for FY 1993 and 1994. Exempts maritime law enforcement operations in archipelagic waters from a prohibition on U.S. participation in foreign police actions. Makes a prohibition on the use of narcotics control funds for the procurement of weapons or ammunition inapplicable (subject to congressional notification requirements) to: (1) weapons or ammunition for the defensive arming of aircraft used for narcotics control purposes; or (2) firearms and related ammunition provided to Department of State employees for narcotics control activities. Requires the President (currently, the Secretary of State) to maintain records on aircraft use under this title. Authorizes foreign military financing assistance under the Arms Export Control Act to be made available to finance the leasing of aircraft. Permits the use of narcotics control assistance to acquire land or real property for foreign military or law enforcement forces through leases of up to two years. (Current law prohibits the use of such assistance for such acquisitions by any means.) Prohibits the use of such funds (over a specified amount) for construction of facilities for use by such forces unless the President notifies the appropriate congressional committees. Revises congressional reporting and certification requirements with respect to international narcotics control. Amends the International Narcotics Control Act of 1989 to make certain dollar limitations on law enforcement assistance for Bolivia, Colombia, and Peru inapplicable on this Act's enactment date. Repeals obsolete provisions of specified Acts. Makes prohibitions on the provision of assistance to foreign law enforcement agencies inapplicable, during FY 1993 and 1994, to: (1) transfers of defense articles and services for counternarcotics purposes; and (2) foreign military financing and international military education and training for narcotics-related purposes. Makes provisions of law that restrict assistance to countries inapplicable with respect to narcotics-related assistance, provided that the President notifies the appropriate congressional committees. Authorizes the transfer of excess defense articles to major drug-transit countries. Prohibits the transfer of excess defense articles for conservation and wildlife management purposes or for modernization of military capability to any major illicit drug producing country or drug-transit country in Latin America or the Caribbean. Excludes construction equipment from the definition of "excess defense articles" for purposes of restricting the transfer of such equipment to foreign countries. Authorizes military education and training for civilian personnel from other than ministries of defense if such education and training would contribute to cooperation between military and law enforcement personnel with respect to counternarcotics law enforcement. Amends the Export-Import Bank Act of 1945 to prohibit the Bank from guaranteeing, insuring, or participating in an extension of credit in connection with sales of defense articles or services to any country (currently, countries designated under a section of the Internal Revenue Code as economically less developed countries). Exempts from such prohibition articles or services sold before September 30, 1997. Adds to the list of criteria required for approval of such financing that the President determines that the purchasing country has complied with restrictions concerning end use of such articles or services and has not used them to engage in human rights violations.
United States · United States Congress · 24 September 1992
International Narcotics Control Act of 1992 - Amends the Foreign Assistance Act of 1961 to authorize appropriations for international narcotics control for FY 1993 through 1995. Exempts maritime law enforcement operations in archipelagic waters from a prohibition on U.S. participation in foreign police actions. Makes a prohibition on the use of narcotics control funds for the procurement of weapons or ammunition inapplicable (subject to congressional notification requirements) to: (1) weapons or ammunition for the defensive arming of aircraft used for narcotics control purposes; or (2) firearms and related ammunition provided to Department of State employees for narcotics control activities. Requires the President (currently, the Secretary of State) to maintain records on aircraft use under this title. Authorizes foreign military financing assistance under the Arms Export Control Act to be made available to finance the leasing of aircraft. Permits the use of narcotics control assistance to acquire land or real property for foreign military or law enforcement forces through leases of up to three years. (Current law prohibits the use of such assistance for such acquisitions by any means.) Prohibits the use of such funds (over a specified amount) for construction of facilities for use by such forces unless the President notifies the appropriate congressional committees. Revises congressional reporting and certification requirements with respect to international narcotics control. Amends the International Narcotics Control Act of 1989 to make certain dollar limitations on law enforcement assistance for Bolivia, Colombia, and Peru inapplicable on this Act's enactment date. Repeals obsolete provisions of specified Acts. Makes prohibitions on the provision of assistance to foreign law enforcement agencies inapplicable, during FY 1993 through 1995, to: (1) transfers of defense articles and services for counternarcotics purposes; and (2) foreign military financing and international military education and training for narcotics-related purposes. Makes provisions of law that restrict assistance to countries inapplicable with respect to narcotics-related assistance, provided that the President notifies the appropriate congressional committees. Authorizes the transfer of excess defense articles to major drug-transit countries. Prohibits the transfer of excess defense articles for conservation and wildlife management purposes or for modernization of military capability to any major illicit drug producing country or drug-transit country in Latin America or the Caribbean. Excludes construction equipment from the definition of "excess defense articles" for purposes of restricting the transfer of such equipment to foreign countries. Authorizes military education and training for civilian personnel from other than ministries of defense if such education and training would contribute to cooperation between military and law enforcement personnel with respect to counternarcotics law enforcement. Amends the Export-Import Bank Act of 1945 to prohibit the Bank from guaranteeing, insuring, or participating in an extension of credit in connection with sales of defense articles or services to any country (currently, countries designated under a section of the Internal Revenue Code as economically less developed countries). Exempts from such prohibition articles or services sold before September 30, 1997. Adds to the list of criteria required for approval of such financing that the President determines that the purchasing country has complied with restrictions concerning end use of such articles or services and has not used them to engage in human rights violations.
United States · United States Congress · 12 August 1992
Trade Worker Adjustment Assistance Act of 1992 - Amends the Trade Act of 1974 to revise petition and eligibility requirements for trade adjustment assistance benefits for workers adversely affected by import competition or the relocation of U.S. production facilities abroad. Revises provisions with respect to: (1) the training of such workers; (2) employment services; (3) relocation allowances; and (4) job search allowances. Authorizes appropriations.
United States · United States Congress · 12 August 1992
Authorizes the President, on behalf of the Congress, to present a gold medal to John Birks "Dizzy" Gillespie in recognition of his accomplishments as a musician. Authorizes appropriations. Authorizes the Secretary of the Treasury to provide for the sale of bronze duplicates of the medal.
United States · United States Congress · 12 August 1992
Film Disclosure Act of 1992 - Amends the Lanham Act to require that each public exhibition of a materially altered motion picture (and each copy of such film offered to the public through sale or rental) bear a label which conspicuously discloses the fact of: (1) the film's material alteration from the form in which it was first released to the public; (2) the nature of such alteration; and (3) any objections raised by the artistic authors with reference to such alteration. Delineates the compliance procedure for: (1) distributors or networks that propose to exploit a materially altered film; and (2) motion pictures intended for home use through either retail purchase or rental. Grants an artistic author the right to seek injunctive relief in U.S. district courts to prevent violation of his or her rights under this Act.
United States · United States Congress · 12 August 1992
Urges the President to assist the United Nations (UN) in intensifying measures to address the plight of refugees and displaced persons from the former Yugoslav republics, especially Bosnia-Herzegovina, including: (1) the expansion of existing efforts by the UN High Commissioner for Refugees in the former Yugoslav republics to expedite assistance to refugees and displaced persons for the duration of the crisis; (2) immediate provision of emergency shelter, foodstuffs, sanitation facilities, and medical care to refugees and displaced persons from Bosnia-Herzegovina; (3) expansion of the registration process for all refugees and displaced persons in order to determine the magnitude and nature of refugee flows, with reliance on the assistance of appropriate agencies of the Federal Government as necessary; (4) a general accounting of persons missing, captured, injured, or killed in hostilities, in coordination with concerned governments, the International Committee on Red Cross, and other groups which may have relevant information; and (5) a determination of the places of origin of each refugee and displaced person, and inventories of abandoned property, to assist in the eventual process of repatriation and compensation. Urges the President to seek international agreement on: (1) reaffirming the right of all refugees to return to their former residences and to receive appropriate compensation; (2) to the extent consistent with international law, authorizing the use of seized assets of the former Yugoslav Government to assist the international relief effort; and (3) declaring null and void any documents signed under duress which transfer property of members of one ethnic group to members or organizations of another ethnic group.
United States · United States Congress · 11 August 1992
Supports the President's statement of August 6, 1992, and commends him for taking decisive steps to put pressure on Serbia to stop the conflict in Bosnia-Hercegovina, including through: (1) the diplomatic and political isolation of Serbia; (2) the strict enforcement of sanctions provided for in United Nations (UN) Security Council Resolution 757; (3) the implementation of the Security Council-endorsed plan to place heavy weapons belonging to all factions in Bosnia-Hercegovina under UN supervision; (4) the resumption of peace talks among all parties to the conflict; and (5) urging the Security Council to authorize measures, including the use of military force, necessary to ensure the provision of humanitarian relief to the people of Bosnia-Hercegovina. Urges the Security Council to consider means by which: (1) UN and International Committee of the Red Cross personnel shall be granted immediate, unimpeded, and continuous access to all refugee camps, prisoners-of-war camps, internment camps, and other places of detention in all of the republics of the former Socialist Federal Republic of Yugoslavia; and (2) civilians in Bosnia-Hercegovina shall be protected from the use of force and violations of the laws of war. Expresses the sense of the House of Representatives that an international tribunal should be convened to: (1) investigate allegations of war crimes and crimes against humanity committed within the territory of the former Socialist Federal Republic of Yugoslavia; and (2) accumulate evidence against, charge, and otherwise prepare the basis for trying any individual whom the tribunal has probable cause to believe is responsible for or committed such a crime.
United States · United States Congress · 10 August 1992
Congratulates the citizens of Israel on concluding fair and open democratic elections. Welcomes Prime Minister Rabin to the United States. Applauds his statements and actions encouraging active participation in the search for peace. Calls upon all parties in the region to actively and seriously engage in the peace process.
United States · United States Congress · 5 August 1992
Expresses the sense of the Congress that effective follow-up to achieve the goals of the agreements reached at the United Nations Conference on Environment and Development (UNCED) will depend on the following actions by the President and the U.S. Government: (1) adoption of a national strategy for environmentally sustainable development, based on an extensive process of nationwide consultations with all interested organizations and individuals; (2) the Government encouraging and facilitating means for adopting individual Agenda 21 plans of action, including the establishment of local, county, State, business, and other boards and commissions for achieving sustainable development; (3) the President establishing an effective mechanism to plan, initiate, and coordinate U.S. policy for implementing Agenda 21; and (4) policies being formulated for foreign policy and assistance to help developing countries, and for domestic actions to assure appropriate action to implement Agenda 21. Supports: (1) pursuing the research and policy initiatives urged in Agenda 21, including research on sustainable consumption and production patterns, creation of a policy framework for sustainable consumption patterns, identification of a strategy to eliminate or reduce subsidies for unsustainable natural resource exploitation, and improving pricing policies; (2) the Congress adopting a plan to reallocate an appropriate amount of savings from reduced defense spending to achieve its goals of global environmental protection and sustainable development over the next decade; and (3) the effective establishment of a high-level United Nations (UN) Commission on Sustainable Development. Urges the United States to call for periodic international meetings to continue the process toward developing and advancing international agreement to facilitate sustainable economic development. Calls on the President to: (1) urge and actively participate in multilateral efforts aimed at creating a more favorable international economic climate for developing countries to practice sustainable development; (2) affirm strong U.S. commitment to the Commission by appointing a high-level representative to the Commission and by encouraging the UN Secretary General to appoint an Under Secretary General for Sustainable Development; (3) submit and encourage all UN members to submit a national report to the Commission on activities the United States has undertaken to implement Agenda 21 both domestically and internationally, on progress made toward fulfilling other commitments undertaken at UNCED, and on other relevant environmental and developmental issues; and (4) submit an annual report to the Congress on the steps taken by the United States to implement Agenda 21 and the recommendations made by this Act and make information regarding such steps available to Members of the Congress upon request.
United States · United States Congress · 31 July 1992
Emergency Community Development Loan Guarantee Act - Directs the Secretary of Housing and Urban Development to enter into additional annual housing loan guarantee commitments under section 108 of the Housing and Community Development Act of 1974.
United States · United States Congress · 2 July 1992
Credit Availability and Regulatory Relief Act of 1992 - Title I: Supervisory Reforms - Amends the Federal Deposit Insurance Act to authorize the appropriate Federal banking agency to exempt any insured depository institution owned or controlled by a depository institution holding company from statutory examination requirements if: (1) the agency is satisfied that adequate internal controls and examination procedures exist within the holding company structure; and (2) the institutions owned or controlled by the holding company having at least 80 percent of all insured depository institutions owned or controlled by such holding company have been subjected to onsite examinations. Modifies statutory auditing and reporting requirements in order to reduce the regulatory costs incurred by insured depository institutions. Requires the Small Business Administration together with specified financial institution regulatory agencies to conduct a joint study and report to the Congress on the appropriate methods to obtain the information needed to assess the availability of credit to small businesses, including minority-owned small businesses and small farms. Repeals the existing mandate for certain regulatory standards for safety and soundness. Requires the appropriate Federal banking agencies to review their regulations and adopt uniform regulations. Excludes from bank closure requirements specified branches and automated teller machines. Amends the Federal Reserve Act to modify the aggregate statutory limits on insider lending. Repeals the current statutory mandate with respect to the regulation of interbank risks. Amends the Federal Deposit Insurance Act to change the assessment base calculation for deposit insurance premiums (from the two most recent quarterly call reports of the institution to the next-to-last call report and the one immediately before it). Amends the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to: (1) establish a threshold of $100,000 or less level below which State-certified or State-licensed appraisers are not required for certain Federal real estate-related transactions; and (2) prohibit the States from requiring State-certified or State-licensed appraisers for such transactions. Amends the Community Reinvestment Act of 1977 to set forth guidelines for self-certification of small rural regulated financial institutions that have complied with such Act. Requires the appropriate Federal financial supervisory agency to investigate any allegation filed against a regulated financial institution regarding whether it is helping to meet the credit needs of its community, consistent with safe and sound operation of the institution. Modifies the regulatory the guidelines for such institutions. Amends the Federal Deposit Insurance Act to require: (1) the appropriate Federal banking agencies to jointly establish application requirements to reduce duplicative filings by depository institutions; and (2) the Federal Deposit Insurance Corporation (FDIC) to minimize the regulatory burden imposed upon insured depository institutions. Removes certain interest rate restrictions placed upon depository institutions that are adequately capitalized. Repeals provisions relating to private deposit insurers and deposit institutions lacking Federal deposit insurance. Prohibits the Federal Trade Commission from bringing an action or proceeding against a private deposit insurer for non-compliance with the requirement to complete a certain annual audit within a specified time period. Requires the Secretary to study and report to the Congress on: (1) those measures necessary to ensure adequate public disclosure of depository institutions that lack Federal deposit insurance; and (2) the appropriateness of imposing audit requirements on private deposit insurers. Amends the Federal Deposit Insurance Corporation Improvement Act of 1991 to delay the effective dates for specified new requirements for insured financial institutions. Amends the Home Owners' Loan Act to accelerate the effective date by which savings associations may engage in certain affiliate transactions permitted for banks. Title II: Non-Supervisory Reforms - Subtitle A: Expedited Funds Availability and Electronic Transfers - Amends the Expedited Funds Availability Act to eliminate next-day availability schedules for checks drawn on and deposited at an automated teller machine of the same depository institution. Makes the availability schedule for new accounts applicable during the 90-day (currently 30-day) period beginning on the date the account is established. Authorizes the Board of Governors of the Federal Reserve System (the Federal Reserve Board) to establish rules imposing liability and allocating risk of loss among depository institutions and other entities participating in the payments system, including the States and political subdivisions on which checks are drawn. Subtitle B: Amendments to the Truth in Lending Act - Amends the Truth in Lending Act to: (1) exempt from its purview credit transactions involving consumers whose income or net worth exceeds specified thresholds; and (2) prohibit the recovery of punitive damages. Subtitle C: Homeownership Amendments - Amends the Real Estate Settlement Procedures Act of 1974 to exempt lenders who finance the purchase of residential real estate from requirements to provide certain information booklets to borrowers if the lender denies the loan application within three business days after it is received. Amends the Home Mortgage Disclosure Act of 1975 to index the asset size of depository institutions exempt from the Act to increases in the Consumer Price Index. Amends the Competitive Equality Banking Act of 1987 to apply the definition of "adjustable rate mortgage loan" with respect to the interest rate cap to consumer loans only. Prohibits an appropriate Federal banking agency from requiring any depository institution to engage in Fair Housing Act data collection activities if such activities are already required under the Home Mortgage Disclosure Act of 1975. Subtitle D: Amendments to the Truth in Savings Act - Amends the Truth in Savings Act to direct the Federal Reserve to exempt certain broadcast, electronic, or outdoor advertisements from interest-rate disclosure requirements, as well as (at the Board's discretion) interest rate notice boards on the premises of an institution. Authorizes the Board to exempt or modify certain disclosure requirements with respect to specified accounts and interest rates. Limits the civil liability of a depository institution to an accountholder to the actual damages sustained. Subtitle E: Expedited Procedures for Bank Holding Companies - Amends the Bank Holding Company Act to set forth expedited procedures by which banks may reorganize into bank holding companies. Amends the Securities Act of 1933 to: (1) reflect such expedited procedures; and (2) prescribe expedited procedures for bank holding companies to seek approval to engage in nonbanking activities. Amends the Bank Holding Company Act of 1956 and the Federal Deposit Insurance Act to permit, with the concurrence of the Attorney General, the reduction to five days of the post-approval waiting period for bank holding company acquisitions and bank mergers.
United States · United States Congress · 2 July 1992
Denounces the sexual misconduct that occurred at the annual Navy Tailhook Association symposium in September 1991. Calls on the Secretary of Defense to ensure that the ongoing Department of Defense investigation of such misconduct is full and uncompromising. Urges the Secretary of the Navy to recommend and initiate full disciplinary procedures against any culpable individuals. Recognizes the importance of equality of opportunity for women and men in the armed forces to achieving mutual respect between the sexes. Urges the Secretary of Defense to make available to female military personnel the same opportunities available to male personnel, to the extent consistent with the protection and security of the United States.
United States · United States Congress · 24 June 1992
World University Games Commemorative Coin Act - Authorizes the minting and issuance of five dollar gold coins and one dollar silver coins (at no net cost to the Government) to commemorate American participation in the World University Games. Requires that all surcharges from the sale of such coins be paid to the Greater Buffalo Athletic Corporation to support amateur athletic programs, erect facilities for the use of such athletes, and to underwrite the cost of sponsoring the World University Games.
United States · United States Congress · 23 June 1992
Open Space Preservation Act of 1992 - Amends the Internal Revenue Code to exclude from the gross estate tax the value of land subject to a qualified conservation easement (less the amount of any indebtedness secured by such land). Includes in the gross estate tax the value of each development right retained by the donor in the conveyance of the easement. Makes such tax due upon the disposition of the property. Provides that such land subject to the exclusion will have a carryover basis for purposes of determining gain or loss. Excludes from the gift tax transfers by gift of land subject to a conservation easement (other than development rights retained by the donor of such easement). Defers the reduction in certain estate tax rates after 1993 and before 1998.
United States · United States Congress · 17 June 1992
Establishes the Commission on Environment and Development. Requires the Commission to: (1) monitor the actions of the signatories to documents of the United Nations Conference on Environment and Development (UNCED) that reflect compliance with or violations of the goals of the Articles of Agenda 21 of UNCED, the Statement of Principles on the Maintenance, Conservation, and Development of All Forests, the United Nations Framework Convention on Climate Change, and the Convention on Biological Diversity; and (2) monitor and encourage the development of U.S. Government and private programs with a view toward advancing the objectives of UNCED. Authorizes appropriations.
United States · United States Congress · 16 June 1992
Designates August 1, 1992, as Helsinki Human Rights Day. Authorizes and requests the President to: (1) reassert American commitment to the Helsinki Accords; (2) raise the issue of noncompliance with such Accords with any signatory nation which may be in violation; (3) convey to all signatories of such Accords that respect for human rights and fundamental freedoms is vital to progress in the ongoing Helsinki process; and (4) develop new proposals to advance the human rights objectives of the Helsinki process.
United States · United States Congress · 10 June 1992
International Refugee Protection Act of 1992 - States that: (1) the Congress affirms that U.S. obligations under certain international refugee agreements have applied to U.S. actions with respect to persons outside U.S. territorial boundaries; and (2) the United States shall refrain from the involuntary return of refugees to their home country from boundaries outside the United States or from the territorial waters of such home country, with specified exceptions.
United States · United States Congress · 3 June 1992
United States - China Act of 1992 - Prohibits the President from recommending for a 12-month period in 1993 continuation of a waiver of human rights and emigration requirements for nondiscriminatory treatment (most-favored-nation treatment) for China under the Trade Act of 1974 unless a specified report is submitted to the Congress stating that China has accounted for and released prisoners who dissented in Tiananmen Square and in other parts of China on June 3 and 4, 1989, and made progress in: (1) preventing gross violations of internationally recognized human rights, including workers' rights, in China and Tibet; (2) preventing exports of products made by prison labor, and allowing U.S. officials and international organizations to inspect such places of detention; (3) terminating religious persecution in China and Tibet and releasing religious leaders incarcerated as a result of the expression of their religious beliefs; (4) removing restrictions in China and Tibet on freedom of the press and on broadcasts by the Voice of America; (5) terminating harassment of Chinese citizens in the United States (including refusal to return or renew passports as retribution for prodemocracy activities); (6) ensuring access to prisoners of international human rights monitoring groups; (7) ensuring freedom from torture and in humane prison conditions; (8) terminating prohibitions on peaceful assembly imposed after June 3, 1989; (9) committing to engage in high-level discussions on human rights issues; (10) adhering to the Joint Declaration on Hong Kong; (11) providing adequate protection of U.S. patents, copyrights, and other intellectual property rights, and implementing the Memorandum of Understanding Between the Government of the People's Republic of China and the Government of the United States of America on the Protection of Intellectual Property; (12) providing U.S. exporters access to Chinese markets, including lowering tariffs, removing nontariff barriers, and increasing the purchase of U.S. goods and services; (13) ceasing unfair trade practices which burden or restrict U.S. Commerce; (14) adopting a national policy which adheres to the Missile Technology Control Regime and the controls of the Nuclear Suppliers Group and the Australia Group on chemical and biological arms proliferation; and (15) assuring that it is not assisting any nonnuclear weapons state in acquiring nuclear explosive devices. Requires the President, if he recommends such extension, to include in a specified document submitted to the Congress a report on China's progress in meeting the above-mentioned objectives. Requires such report also to include, but not be limited to, progress made by China and Tibet with regard to specified human rights. Grants nondiscriminatory treatment to products of nonstate-owned enterprises in China.
United States · United States Congress · 3 June 1992
Provides for the printing of the book entitled "Year of the American Indian, 1992: Congressional Recognition and Appreciation" (prepared under the direction of the Joint Committee on Printing) as a House document.
United States · United States Congress · 28 May 1992
Prohibits, unless a certification under this Act is in effect: (1) U.S. economic assistance to the Government of Russia; and (2) the U.S. Executive Director of the International Monetary Fund (IMF) from consenting to an increase in the U.S. quota in the IMF. Requires the Secretary of the Treasury, unless such certification is in effect, to instruct the U.S. Executive Directors of the IMF and other international financial institution to oppose any loan to the Government of Russia. Describes such certification as a certification by the President to the Congress that: (1) progress has been achieved toward removal of Russian armed forces from Estonia, Latvia, and Lithuania; (2) additional Russian armed forces have not been brought into such countries for any purpose without their permission; (3) artillery exercises or training operations are not being conducted by Russian armed forces on the territory of such countries without their permission; (4) Russian military installations in such countries are open to inspection by the governments of such countries; (5) Russian air and naval forces are not interfering with traffic in the air space or territorial waters of such countries; and (6) the Russian Government is keeping such governments informed regarding the number and location of Russian armed forces in such countries. Makes such certifications effective for six months and authorizes the President to make recertifications for additional six-month periods. Terminates the restrictions under this Act if the President certifies that all Russian armed forces have been withdrawn from such countries.
United States · United States Congress · 28 May 1992
Every Fifth Child Appropriations Act - Appropriates funds to carry out the special supplemental food program for women, infants, and children (WIC program) authorized in specified provisions of the Child Nutrition Act of 1966. Declares that, in order to achieve full funding for the program, there should be specified amounts appropriated in certain fiscal years. Appropriates funds to carry out the Head Start programs authorized in specified provisions of the Head Start Act. Declares that, in order to achieve full funding for the programs, there should be specified amounts appropriated in certain fiscal years. Appropriates funds to carry out the Job Corps program authorized in specified provisions of the Job Training Partnership Act. Declares that, in order to establish a minimum number of additional centers, serve a minimum additional number of youths, and achieve full funding for the program, there should be specified amounts appropriated in certain fiscal years.
United States · United States Congress · 21 May 1992
Tax Extension Act of 1992 - Amends the Internal Revenue Code to extend from August 1, 1992, until August 1, 1993, the provisions governing the allocation of research and experimental expenditures for purposes of determining sources of income. Extends the following provisions from June 30, 1992, until December 31, 1993: (1) the tax credit for increasing research activities; (2) the targeted jobs credit; (3) the authority to issue qualified mortgage bonds and qualified mortgage credit certificates; (4) the authority to issue qualified small issue bonds to finance manufacturing facilities and farm property; (5) employer-provided educational assistance; (6) the tax exclusion for employer-provided group legal services plans; (7) the energy investment credit for solar and geothermal property; (8) the credit for clinical testing expenses for certain drugs for rare diseases or conditions; and (9) health insurance costs of self-employed individuals. Extends the low-income housing credit until December 31, 1993 with modifications. Expands the ten-year anti-churning rule waiver to certain projects substantially assisted, financed, or operated under the National Housing Act. Allows units occupied by certain full-time students to qualify for such credit. Authorizes the Treasury Department to waive penalties for certain de minimis errors and recertifications. Provides that certain community service facilities in projects in qualified census tracts are included in eligible basis as functionally related and subordinate facilities. Allows certain building owners to elect to use apartment size or family size in determining the credit's gross rent limitation. Provides for the tax treatment of resale price control and subsidy lien programs under mortgage revenue bond provisions. Repeals the tax preference for the appreciated property charitable deduction during 1992 and 1993. Requires a report by the Secretary of the Treasury to certain congressional committees on an advance valuation procedure.
United States · United States Congress · 19 May 1992
Prohibits a member of the armed forces or person seeking to become a member from being discriminated against by the armed forces on the basis of sexual orientation.
United States · United States Congress · 7 May 1992
Prohibits U.S. assistance to Serbia and Montenegro or any successor entity and requires the President to block all assets of the former Yugoslavian Government until he certifies to the Congress that: (1) Serbia and Montenegro have withdrawn their forces from Croatia and Bosnia-Hercegovina; and (2) the government of Serbia and Montenegro or any successor entity is democratically-elected and recognizes the territorial integrity of neighboring states and the political rights of Kosovo. Urges President Bush to withdraw U.S. recognition of Yugoslavia and to refuse to recognize Serbian and Montenegrin claims as a successor state. Supports withholding formal recognition of Serbia and Montenegro until all Serbian military, paramilitary, and irregular units are withdrawn from Bosnia-Hercegovina, Slovenia, and Croatia and until Serbia and Montenegro respect the territorial integrity of neighboring nations. Calls upon the administration to impose an "air cap" to provide protection to Bosnia-Hercegovina and Croatia, as is being afforded to the Kurds in Iraq. Supports the immediate provision of humanitarian and refugee assistance for the victims of war in Bosnia-Hercegovina and Croatia. Urges President Bush to call for a special meeting of the United Nations Security Council to adopt a resolution calling on member countries to: (1) suspend aid to Serbia and Montenegro; (2) block Serbian assets; (3) participate in an international trade embargo of Yugoslavia; (4) withdraw recognition of the Yugoslavian Government; and (5) terminate Yugoslavia's membership in international and multilateral organizations.
United States · United States Congress · 6 May 1992
Congratulates the residents of Jerusalem and the peopole of Israel on the 25th anniversary of the reunification of that city. Urges that: (1) Jerusalem remain an undivided city in which the rights of every ethnic and religious group are protected; and (2) the President and Secretary of State issue an unequivocal statement in support of such principle.
United States · United States Congress · 28 April 1992
Jobs Through Exports Act of 1992 - Title I: Overseas Private Investment Corporation - Overseas Private Investment Corporation Amendments Act of 1992 - Amends the Foreign Assistance Act of 1961 to revise provisions concerning the Overseas Private Investment Corporation (OPIC). Provides that a country or areas within a country may be eligible for OPIC assistance if: (1) the country has established diplomatic relations with the United States; (2) the country or area is a developing country or area, or a country in transition from a nonmarket to market economy; and (3) the country respects human rights. Raises the ceiling on the per capita income levels of countries established for purposes of granting preferential consideration for, or restricting, OPIC investment projects. Authorizes OPIC, in any case in which a country no longer meets eligibility criteria, to continue its programs in the country but prohibits the extension of new assistance with respect to projects involving the country's government. Requires the Secretary of the Treasury to hold OPIC's capital stock. Authorizes OPIC to establish an equity finance program (currently, a four-year pilot program to be conducted only in Subsaharan African countries and Caribbean countries designated as beneficiary countries under the Caribbean Basin Economic Recovery Program). Prescribes monetary and criminal penalties for fraudulent activities involving OPIC. Raises the ceiling on the maximum contingent liability allowed for OPIC insurance and outstanding guarantees. Authorizes OPIC to transfer amounts from a noncredit account revolving fund to pay subsidy costs of program levels for the loan guarantee and direct loan programs. Permits OPIC to draw specified amounts for FY 1993 through 1995 from such fund for administrative costs of such programs. Eliminates OPIC's exemption from Federal taxation. Title II: Trade and Development Agency - Redesignates the Trade and Development Program as the Trade and Development Agency. Requires the Agency to disseminate information about its activities to the private sector. Sets forth Agency auditing requirements. Authorizes appropriations for FY 1992 and 1993. Title III: Aid, Trade, and Competitiveness - Aid, Trade, and Competitiveness Act of 1992 - Requires the Administrator of the Agency for International Development (AID) to establish a capital projects office to: (1) develop a program that would focus solely on developmentally sound capital projects; and (2) consider opportunities for U.S. high-technology firms in supporting capital projects for developing countries and countries making the transition from nonmarket to market economies. Sets forth the activities of the capital projects office. Directs the President to report annually to the Congress on the extent to which: (1) U.S. Government resources have been expended to support capital projects in such countries and the extent of interagency coordination; and (2) U.S. Government capital projects and tied-aid programs have affected U.S. exports. Requires the Secretary of the Treasury, if negotiations for the implementation of the December 16, 1991, agreement within the Organization for Economic Cooperation and Development have not been completed by August 1, 1992, to report to the Congress on: (1) the status of negotiations; (2) the causes for the failure to reach an agreement by that date; and (3) the reasons the U.S. Government believes that continued negotiations will result in achieving such objective. Urges the President to use specified types and amounts of assistance for grants for capital projects. Directs the President to report to the appropriate congressional committees on the feasibility of allowing AID to offer credit guarantees for the financing of capital projects. Authorizes additional appropriations for FY 1993 for the Trade and Development Agency. Title IV: United States Commercial Centers - Directs the Secretary of Commerce to establish, as a five-year pilot program, a United States Commercial Center in one Baltic State (to serve Eastern Europe and the Commonwealth of Independent States) and in one country in Asia and Latin America to provide additional resources for the promotion of exports of U.S. goods and services to such countries. Requires the Centers to make business facilities and services and commercial law information services available on a user fee basis. Directs the Secretary to use the Market Development Cooperator Program to assist in carrying out the purposes of the Centers. Authorizes appropriations.
United States · United States Congress · 8 April 1992
Every Fifth Child Act - Makes appropriations for FY 1993, out of any money in the Treasury not otherwise appropriated, in specified amounts to begin a phase-in toward full funding of: (1) the special supplemental food program for women, infants, and children (WIC) under the Child Nutrition Act of 1966; (2) Head Start programs under the Head Start Act; and (3) the Job Corps program under the Job Training Partnership Act. Expresses the sense of the Congress that such programs should receive specified minimum levels of funding to allow: (1) the WIC program to be fully funded through FY 1996; (2) Head Start programs to be fully funded through FY 1998; and (3) the Job Corps to establish at least 50 additional centers and serve at least 50 percent more of low-income disadvantaged youth by the year 2000.
United States · United States Congress · 1 April 1992
Amends the Internal Revenue Code to allow a first-time homebuyer who purchases a principal residence a tax credit of ten percent of the purchase price of such residence. Limits the credit to $5,000. Requires married individuals filing jointly to both be first-time homebuyers. Allows the use of 50 percent of the credit in the first taxable year in which the residence is purchased and the remaining 50 percent in the succeeding taxable year. Makes this credit applicable to residences acquired after February 1, 1992, and before January 1, 1993, or for which a binding contract is entered into during such period.
United States · United States Congress · 1 April 1992
Urges the Government of Romania to uphold all existing human rights treaties and decrees to ensure the safety of the minorities who reside in Romania. Requests the President and Secretary of State to discuss the human cultural and self-determination rights of the Hungarians of Transylvania with the Government of Romania and other appropriate governments.
United States · United States Congress · 30 March 1992
Amends the Employee Retirement Income Security Act of 1974 (ERISA) to eliminate the exemption for banks (or similar institutions) or insurance carriers from the requirement for an independent audit of certain financial statements regarding employee benefit plan assets.