United States · United States Congress · 6 November 1985
Directs the Secretary of the Treasury to issue public debt obligations to the Federal Old-Age and Survivors Insurance Trust Fund, Federal Disability Insurance Trust Fund, Federal Hospital Insurance Trust Fund, Federal Supplementary Medical Insurance Trust Fund, Railroad Retirement Account, Civil Service Retirement and Disability Fund, and Department of Defense Military Retirement Fund identical to the terms of public debt obligations which: (1) were redeemed on or after September 1, 1985, and on or before the date of the enactment of this Act; and (2) would not have been redeemed had the public debt limit been raised pursuant to a specified resolution of the House of Representatives. Directs the Secretary to pay to the funds the interest which would have accrued to the funds but for such non-investments, redemptions, and disinvestments. Authorizes the Secretary to disinvest such funds when necessary to prevent a shortfall in amounts available for benefit payments or to avoid violating the public debt limit, but, in the latter case, only if the Congress approves the Secretary's request for disinvestment within a specified period. Characterizes the required joint resolution of approval as an exercise of the constitutional rulemaking power of the House of Representatives and the Senate. Details the Congressional procedure to be followed upon the Secretary's submittal of a disinvestment request. Requires the Secretary, upon the extension of the public debt limit, to: (1) issue public debt obligations with terms identical to those redeemed in connection with such disinvestment; and (2) pay the interest which would otherwise have accrued to such funds.
United States · United States Congress · 30 October 1985
Designates 1986 as Save for the U.S.A. Year. Requests the President to initiate a nationwide campaign, to be known as the Buy Back America campaign, to encourage the people of the United States to buy U.S. savings bonds and certificates and thereby reduce borrowings from foreign sources. Requires the Secretary of the Treasury to enhance the marketability of such bonds and certificates.
United States · United States Congress · 24 October 1985
Joint Chiefs of Staff Reorganization Act of 1985 - Revises Federal provisions concerning the composition and function of the Joint Chiefs of Staff (JCS) to define the Chairman of JCS as the principal military advisor to the President, the National Security Council, and the Secretary of Defense. Authorizes a member of JCS other than the Chairman to offer, to the Secretary of Defense and then to the President, a separate opinion in disagreement with that of the Chairman concerning military advice given. Directs that the Chairman of JCS shall supervise the commanders of the combatant commands and act as their spokesman. Extends the term of the Chairman of JCS from two to four years. Establishes the position of Deputy Chairman of JCS. Prohibits the Deputy Chairman and the Chairman from being a member of the same military branch, unless the Secretary of Defense waives such prohibition for a limited period. Sets the term of the Deputy Chairman at four years. Requires the Deputy Chairman to perform such duties as delegated by the Chairman with the approval of the Secretary of Defense. Directs the Deputy Chairman to act as Chairman if the latter position is vacated for any reason. Directs the Deputy Chairman to act as director of the Joint Staff, which performs such duties as the Chairman prescribes. Eliminates any maximum number of officers on the Joint Staff. Provides that the four-year term of a member of the Joint Staff may be extended with the approval of the Secretary of Defense. Directs the Secretary to ensure that the Joint Staff is independently organized and operated in order to provide for the unified strategic direction of the combatant forces and their operation and integration into an efficient team of land, naval, and air forces. Requires the Chairman of the Joint Chiefs of Staff to submit an evaluation to the President of any person for appointment to a grade above major general or rear admiral. Requires such evaluation to consider the performance of that officer as a member of the Joint Staff and in other assignments involving joint military experiences. Requires such evaluation to be submitted to the President at the same time as the submission of the recommendation for the appointment. Directs the Chairman or the Deputy Chairman of JCS to attend all meetings of the National Security Council and participate fully in its deliberations. Directs the Secretary of Defense, no later than six months after the enactment of this Act, to report to the Congress on plans for further changes in the administration of the military high commands of each of the armed forces. Outlines proposals to be developed in such report.
United States · United States Congress · 1 October 1985
Amends the Inspector General Act of 1978 to establish an Office of Inspector General in the Tennessee Valley Authority (TVA). Sets forth special provisions relating to the TVA's policies on electric power rates and adjustments. Requires the Inspector General to appoint an Assistant Inspector General for Rate Review.
United States · United States Congress · 1 October 1985
Social Security Budget and Administrative Reorganization Act of 1985 - Title I: Establishment of the Social Security Administration - Amends title VII (Administration) of the Social Security Act to establish as an independent executive agency a Social Security Administration, headed by a Social Security Board. Provides that it shall be the duty of the Administration to administer the programs established by titles II (Old Age, Survivors and Disability Insurance) and XVI (Supplemental Security Income) of the Social Security Act. Requires the Board to study and make recommendations as to the most effective methods of providing economic security through social insurance and as to legislation and matters of administrative policy. Establishes in the Administration: (1) a Commissioner of Social Security; (2) a Deputy Commissioner of Social Security; (3) a General Counsel; (4) an Inspector General; and (5) an Office of the Beneficiary Ombudsman, to be headed by a Beneficiary Ombudsman who shall represent the interests of beneficiaries under the Old Age, Survivors and Disability Insurance program and the Supplemental Security Income Program within the Administration. Requires the annual report of the Board to include a description of the activities of the Beneficiary Ombudsman. Requires the Board to make annual budgetary recommendations relating to the Administration. Requires that appropriations requests by the Administration for staffing and personnel be based upon a comprehensive workforce plan as established by the Board. Provides for the apportionment of administrative costs. Requires the annual report of the Board to include a section reflecting the use of budget authority provided to the Administration. Requires that authority for automated data processing procurement and facilities construction be provided in the form of contract authority covering the total cost of such acquisitions. Makes amounts needed for the liquidation of contract authority so provided available from the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund to the extent that such amounts are not needed to meet current obligations for benefit payments. Requires the Board and the Director of the Office of Personnel Management to implement demonstration projects relating to personnel matters. Directs the Board and the Administrator of General Services to implement such projects relating to delegations from the Administrator. Specifies the authorities which are to be delegated to the Board from the Administrator and the Director. Requires the Comptroller General to report to specified congressional committees concerning such projects, including an evaluation of the Board's readiness to assume full and permanent authority. Requires the Board to cause a seal of office to be made and judicial notice taken thereof. Provides for the transfer to the Administration of all functions carried out by the Secretary of Health and Human Services with respect to the programs and activities to be carried out by the Administration under this Act. Abolishes the position of Commissioner of Social Security in the Department of Health and Human Services. Sets forth effective date and transitional rule provisions. Title II: Conforming Amendments and Rules of Construction - Requires the Secretary and the Board to report to Congress within 120 days after the beginning of each regular session on their administration under this Act. Requires the Secretary to study and make recommendations on the most effective methods of providing economic security and on the administrative policy for the programs which he or she administers. Directs the Board to appoint, quadrennially, an Advisory Council on the Old-Age, Survivors, and Disability Insurance program and an Advisory Council on Health and Supplementary Medical Insurance to review the relation of the trust funds supporting the Old-Age, Survivors and Disability Insurance program and the Medicare program and the long-term commitments of those programs. Requires each council to submit a report to the Board for transmittal to the Congress and the Board of Trustees of each Trust Fund. Sets forth the effective dates of this title. Title III: Budgetary Treatment of Old-Age, Survivors, and Disability Insurance Program - Provides for off-budget treatment of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund beginning with FY 1987.
United States · United States Congress · 20 September 1985
Amends the Internal Revenue Code to repeal the provisions which provide that a regulated investment company does not qualify for conduit treatment (no taxation at the corporate level) if 30 percent or more of its gross income is derived from the sale (or other disposition) of stock or securities held for less than three months. Expands the definition of permitted income of regulated investment companies to provide that "securities" has the same meaning as it does under the Investment Company Act of 1940. Provides that foreign currency gains are included in the definition of qualifying income as well as other income with respect to a regulated investment company's business of investing in stocks, securities, or income from gains from options or futures contracts. Provides that each separate portfolio in a series fund will be treated as a separate corporation for purpose of eligibility for conduit treatment of a regulated investment company. Extends to 60 days the period for mailing various notices to shareholders of regulated investment companies. Expands the definition of "third-party recordkeepers" to include regulated investment companies with respect to certain protections in connection with summonses that are served for obtaining records.
United States · United States Congress · 18 September 1985
Education Technology Act - Title I: Evaluations, Dissemination, and Instructional Models - Directs the National Institute of Education (NIE) and the National Science Foundation (NSF) to jointly: (1) evaluate available computer hardware and software in terms of its usefulness in the classroom; and (2) disseminate the results of such evaluation to State and local educational agencies (SEAs and LEAs). Requires, where appropriate, such evaluation to include assessment of the usefulness of computer hardware and software to serve the special needs of certain special populations described under title II of this Act and of the extent to which the software promotes computer use by students of both sexes. Directs NIE and NSF to carry out such evaluation and dissemination functions under grants to or contracts with non-Federal agencies and private nonprofit institutions or organizations. Authorizes appropriations for FY 1986 through 1995 to NSF and NIE for such purpose. Directs NSF to conduct, assist, and foster research and experimentation on, and dissemination of, models of instruction in the operation and use of computers, educational computer software, and curriculum materials. Requires that this be done through grants to or contracts with professional educational, scientific, or engineering organizations, science museums, regional science education centers, public television, SEAs and LEAs, and institutions of higher education, including community colleges. Directs the NSF, in selecting such entities for such grants or contracts, to give priority to those proposals involving specified types of programs (including, among others, programs involving computer libraries, networks, personal microcomputers, or video disc systems). Permits funds available under such grants or contracts to be used to acquire computer hardware and software and manuals for its use. Requires the NSF Director to: (1) report to the Congress annually on the results of such research and experimentation; and (2) in conjunction with NIE, take steps necessary to disseminate information concerning such results to SEAs and LEAs. Authorizes appropriations for FY 1986 through 1995 for such purposes. Subjects the authority to enter into contracts for such purposes to the availability of appropriations therefor. Title II: Teacher Training Institutes - Directs the NSF, with the cooperation of Federal and other appropriate agencies, to arrange for the development and operation of short-term or regular session institutes for advanced study to improve the qualifications of individuals who teach the operation and use of new and evolving technologies (or individuals who are preparing to do such teaching, or who supervise or train such teachers). Requires that this be done through grants to or contracts with the types of entities described under the provisions for research and experimentation in computer instructional models under title I of this Act. Sets forth provisions relating to special populations (as referred to under title I of this Act). Directs NSF, in making such teacher training grants or contracts, to give special consideration to institutes training teachers (or their supervisors or trainers) who are serving or preparing to serve in elementary and secondary schools enrolling substantial numbers of culturally, economically, socially, and educationally handicapped youth or in programs for children of limited English language proficiency. Requires training program applications to indicate that a portion of the funds will be used to instruct enrollees in methods to ensure equal access to and the use of the computer by students from underserved groups, including female students. Makes individuals who attend such teacher training institutes eligible to receive stipends. Authorizes appropriations for FY 1986 through 1995 to carry out this title. Title III: Acquisition of Computer Hardware - Directs the Secretary of Education to allocate assistance from funds under this title to LEAs for the acquisition of computer hardware for use in school classrooms. Directs the Secretary to allocate to SEAs, from five percent of the funds under this title, assistance for monitoring and enforcement. Bases the allocation to LEAs on the number of children aged five to 17 in their school districts, but reduces such allocations to the extent that such assistance has been or would be in excess of the amount necessary to acquire one unit of computer hardware for each 30 children in average daily attendance at an LEA's schools. Sets forth required contents of LEA applications for such assistance. Sets forth requirements relating to SEA approval of such applications. Sets forth State responsibilities, including State applications relating to such assistance, SEA hearings before final disapproval of any LEA application, general administrative responsibilities, and SEA reports to the Secretary. Sets forth requirements relating to the participation of children from private schools. Requires LEAs to provide for such participation, but allows the Secretary to waive such requirement and arrange for provision of such assistance directly, under specified conditions. Authorizes appropriations for FY 1986 through 1988 to carry out this title.
United States · United States Congress · 1 August 1985
Amends the Internal Revenue Code to permit farmer-owned cooperatives (at the option of the cooperative) to compute the net earnings of the organization by offsetting losses incurred by one or more allocation units of the organization (whether functional, divisional, departmental, geographic, or otherwise) against income of one or more other of such allocation units to the extent that such income is derived from business conducted with or for patrons of the organization. Requires certain information be furnished patrons of the cooperative respecting the offsetting of income and losses among allocation units and the right to additional financial information.
United States · United States Congress · 31 July 1985
Amends the Migratory Bird Hunting and Conservation Stamp Act to direct the Secretary of the Interior to conduct an annual contest to select the design for the duck hunting stamp to be issued each year. Requires proceeds received from contest entry fees to be deposited in the Migratory Bird Conservation Fund established under such Act.
United States · United States Congress · 18 July 1985
Authorizes the President, on behalf of the Congress, to present a gold medal to Aaron Copland in recognition of his contributions to American musical composition. Authorizes the Secretary of the Treasury to provide for the sale of bronze duplicates of the medal. Authorizes appropriations.
United States · United States Congress · 18 July 1985
Trade Emergency and Export Promotion Act - Declares that actions by the President, the International Trade Commission (ITC), the Secretary of the Treasury, the Secretary of Agriculture, and the U.S. Trade Representative (USTR) pursuant to this Act shall not be reviewable by any court, except for abuse of discretion. Title I: International Trade Actions and Agreements - Declares that a national emergency exists because of distortions and imbalances in trade and instability in exchange rates and that such emergency requires extraordinary measures, including action to: (1) restore the value of the dollar; and (2) either eliminate foreign unfair trade barriers or prohibit countries which employ such barriers from enjoying trade surpluses with the United States or increasing shares of world export markets. Authorizes the President to negotiate and enter into with any foreign country or entity agreements limiting the export from such country or entity, and the importation into the United States, of any article. Directs the USTR to initiate proceedings against Japan before appropriate international bodies in order to obtain authorization to take trade actions against Japan on the grounds that: (1) Japan has failed to comply with trade agreements entered into with the United States; and (2) Japan has adopted numerous domestic policies and practices that impair and violate such trade agreements and impede achievement of their objectives. Directs the USTR, with the cooperation of the Secretary of Agriculture, to initiate actions under all international trade agreements to which the United States is a party in order to take appropriate countermeasures against agricultural export subsidies provided by the European Communities and other countries which will be used to prevent: (1) injury to U.S. agricultural producers; (2) nullification or impairment of such trade agreements; and (3) serious prejudice to the United States. Authorizes the USTR to initiate actions against each foreign country (except Japan and the European Communities) or entity that was an excess worldwide trade surplus country or an excess bilateral trade surplus country for 1984 under all applicable U.S. laws and international agreements in order to: (1) enforce the rights of the United States under such international agreements; and (2) obtain the elimination of certain trade acts, policies, and practices of such countries or entities. Directs the USTR to explain in proceedings initiated under this title that the United States finds it necessary to take the actions provided in title II of this Act as interim measures pending the outcome of such proceedings in order to protect vital U.S. interests. Directs the Secretary of the Treasury to develop a plan to reduce fluctuations between currencies on foreign currency exchange markets. Sets forth characteristics of such plan. Title II: Interim Domestic Trade Actions to Respond to the Trade Emergency - Subtitle A: Stand-by Duties - Directs the ITC to determine annually each major exporting country's: (1) worldwide nonpetroleum export percentage; (2) bilateral nonpetroleum export percentage; (3) worldwide nonpetroleum trade surplus; (4) bilateral nonpetroleum trade surplus; (5) worldwide trade surplus limitation; and (6) bilateral trade surplus limitation. Requires the ITC to report annually to the President on: (1) the determinations on the trade of such major exporting countries; (2) the identity of each foreign country which was an excess worldwide trade surplus country or excess bilateral trade surplus country during the preceding year; and (3) whether or not standby duties should be imposed on imports from such countries. Requires the President, within 15 days of receiving such report to determine, with respect to each country identified as an excess worldwide trade surplus country or excess bilateral trade surplus country: (1) whether such country unfairly restricts or limits the access of imports to its markets; and (2) if the President determines that such country does restrict access to its markets, whether such restriction contributes to that country's trade surplus. Requires the President, if both such determinations are positive, to impose stand-by duties on all imports from such countries. Prohibits making such determinations or imposing such duties if the U.S. trade deficit divided by the U.S. gross national product is less than one and one-half percent. Requires the President to report to the Congress, within 15 days of receiving the reports on worldwide and bilateral trade, on the determinations made with respect to imposing stand-by duties. Declares that the rate of a stand-by duty shall be 25 percent ad valorem and that such duty shall be in addition to any other duties. Provides for the implementation of such duties. Requires all revenues from such stand-by duties to be allocated to the Public Debt Reduction Account in the Treasury. Expresses the sense of the Congress that all funds in such Account be used only to reduce the Federal debt. Directs the Secretary of the Treasury to report annually to the Congress on the revenue derived from such stand-by duties. Prohibits imposing stand-by duties on articles imported after April 30, 1992. Prohibits requiring reports and determinations on trade surpluses after April 1991. Subtitle B: Reports - Directs the President to report annually to specified congressional committees on the operation of this Act. Title III: Trade Law Reform - Amends the Trade Act of 1974 to transfer to the USTR from the President the authority to order import relief and the authority to extend tariff preferences. Amends the Tariff Act of 1930 to transfer to the USTR from the President the authority to approve or disapprove ITC actions to prevent unfair practices in import trade.
United States · United States Congress · 10 July 1985
Amends the Racketeer Influenced and Corrupt Organizations Statute (RICO) to allow a civil action to be brought by a plaintiff only when the private suit rests on an injury caused by conduct that led to the defendant's conviction of one of the predicate offenses listed in the statute or of a criminal violation of RICO itself. Requires the plaintiff to bring such action within one year of the defendant's conviction.
United States · United States Congress · 26 June 1985
Amends the Internal Revenue Code to permit a bank to take a deduction for the amount necessary to bring its reserve for loan losses for tax purposes up to the level of its loan loss reserve for financial statement purposes. Precludes a deduction for additions to a book reserve in excess of 1.5 percent of the total loans of the institution. Provides further that the addition to the tax reserve for which a deduction is allowed cannot exceed one-half of one percent of the total loans of the taxpayer as of the close of the taxable year, plus net charge-offs. Permits a six-year adjustment period where the tax reserve for bad debts maintained by the taxpayer as of the close of the last taxable year beginning before 1985 is less than the balance of the financial statement reserve for bad debts maintained by the taxpayer as of the close of such taxable year.
United States · United States Congress · 11 June 1985
Amends the Tariff Schedules of the United States to permit, until September 30, 1987, duty-free entry of the personal effects and the game equipment of foreign participants, officials, and their immediate families who are involved in the Tenth Pan American Games.
United States · United States Congress · 22 May 1985
Young Astronaut Program Medal Act - Commemorates the Young Astronaut Program by directing the Secretary of the Treasury to strike and deliver to the Young Astronaut Council no more than 750,000 medals with emblems, devices, and inscriptions determined by the Secretary. Authorizes the Council to dispose of the medals at a premium and to have them delivered as required in quantities of no less than 2,000. Directs that no medals be struck after December 31, 1987. Directs the Secretary to set the price of the medals at no less than the manufacturing cost plus a surcharge of ten percent of such cost. Requires the furnishing of security sufficient to fully indemnify the United States for such costs. Directs that the medals be struck in gold, silver, and bronze and in such size or sizes as determined by the Secretary. Gives the U.S. Comptroller General the right to examine the records of the Council which are related to the medals.
United States · United States Congress · 22 May 1985
Amends the Internal Revenue Code to allow certified public accountants and enrolled agents authorized to practice before the Internal Revenue Service to represent taxpayers in certain Tax Court cases involving $10,000 or less.
United States · United States Congress · 16 May 1985
Expresses the sense of the Congress that U.S. national security policy should reflect a national strategy of peace through strength. Sets forth the principles and goals of such policy.
![Official portrait of Rep. Flippo, Ronnie G. [D-AL-5]](https://www.congress.gov/img/member/f000208_200.jpg)