A bill to amend the Internal Revenue Code of 1954 to repeal the windfall profit tax.
United States · United States Congress · 1 August 1986
Amends the Internal Revenue Code to repeal the windfall profit tax on domestic crude oil.
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3,243 records where Rep. Gingrich, Newt [R-GA-6] is listed as a sponsor, author, or other actor. Search with topics and years
United States · United States Congress · 1 August 1986
Amends the Internal Revenue Code to repeal the windfall profit tax on domestic crude oil.
United States · United States Congress · 1 August 1986
Designates the week beginning November 16, 1986, as National Arts Week.
United States · United States Congress · 30 July 1986
Designates the 1987 United States Capitol Historical Society "We The People" calendar as the congressional calendar for the Bicentennial of the United States Constitution.
United States · United States Congress · 29 July 1986
Amends the Food Security Act of 1985 to permit certain foreign purchasers of U.S. agricultural commodities to participate in the export market expansion program established by such Act if the foreign purchasers have traditionally purchased U.S. farm commodities and maintain trade relations with the United States.
United States · United States Congress · 29 July 1986
Expresses the sense of the House of Representatives that colleges and universities should enforce strict but fair policies to eliminate drug use by students.
United States · United States Congress · 22 July 1986
Amends title XVIII (Medicare) of the Social Security Act to require that limitations on Medicare payments for home health services be applied on an aggregate rather than a discipline-specific basis for home health agencies. Requires the Secretary of Health and Human Services, in establishing such limitations, to take into account: (1) recent cost data; and (2) changes in costs resulting from changes in billing and verification procedure requirements.
United States · United States Congress · 19 June 1986
Declares that the Congress disapproves of The Prohibition of Discrimination in the Provision of Insurance Act of 1986, an Act passed by the District of Columbia Council and signed by the Mayor of the District of Columbia.
United States · United States Congress · 19 June 1986
Designates July 3, 1986, as Let Freedom Ring Day. Requests the President to encourage people to ring bells immediately following the relighting of the torch of the Statue of Liberty.
United States · United States Congress · 18 June 1986
Amends Federal armed forces provisions to authorize the Secretary of Defense, upon request of the head of the Federal law enforcement agency concerned, to assign personnel of the Department of Defense to assist that agency in law enforcement activities relating to: (1) illegal immigration into the United States; (2) smuggling of illegal drugs into the United States; and (3) terrorist activities inside the United States. Authorizes such personnel assistance to be provided by the Secretary only during a period during which the President has made a written certification to the Congress justifying such assistance on the basis of the national interest. Outlines the scope of assistance authorized, including: (1) direct participation in the interdiction of vessels and aircraft; and (2) arrests, searches, seizures, and other similar activities.
United States · United States Congress · 18 June 1986
Nuclear Winter Research Act of 1986 - Directs the Secretaries of Defense and of Energy to obligate specified amounts out of appropriated funds for FY 1987 through 1991 for nuclear winter research activities. Requires the Secretary of Defense, acting through the Director of the Defense Nuclear Agency, to distribute certain allocations to government and nongovernment entities for nuclear winter research activities. Allocates a specified amount for the Nuclear Winter Study Commission established by this Act. Directs such Commission to conduct a comprehensive study on the consequences of nuclear explosions and exchanges, including the implications of such consequences upon U.S. military and civil defense policies. Requires the Commission to report to the President and the Congress regarding the conduct of such study.
United States · United States Congress · 17 June 1986
Amends the National Housing Act to extend authority through FY 1987 for: (1) title I financial institution insurance for housing renovation and modernization; (2) general mortgage insurance; (3) low and moderate income and displaced families mortgage insurance; (4) homeownership for lower income families including mortgage insurance authority and housing stimulus authority; (5) mortgage co-insurance, including rental rehabilitation and development projects; (6) graduated payment and indexed mortgage insurance; (7) the demonstration mortgage reinsurance program; (8) mortgage insurance for armed forces' civilian employees and defense housing for impacted areas; (9) mortgage insurance for land development; and (10) mortgage insurance for medical and dental group practice facilities. Sets forth specified limits on FY 1986 and 1987 insured housing loans and on FY 1987 guaranteed mortgage-backed securities. Amends the Housing Act of 1964 to extend urban rehabilitation loan authority through FY 1987. Amends the Housing Act of 1949 to extend Farmers Home Administration authority through FY 1987 for: (1) insured loans for rental and cooperative housing and related facilities for elderly persons and families in rural areas; (2) rural communities with 10,000 to 20,000 population to participate in rural housing programs; and (3) mutual and self-help housing grant and loan authority. Amends the National Flood Insurance Act of 1968 to extend authority for national flood insurance, including emergency implementation and flood-risk zones through FY 1987. Amends the National Housing Act to extend authorities for the national crime insurance program and existing contracts through FY 1987. Amends the Housing and Community Development Act of 1974 to extend community development block grant entitlement authority for certain metropolitan city and urban county areas through FY 1987. Amends the Housing and Urban-Rural Recovery Act of 1983 to extend for 30 days the maximum interest rate limitation on loans for housing and related facilities for elderly or handicapped families through FY 1987. Extends the Home Mortgage Disclosure Act through FY 1987.
United States · United States Congress · 12 June 1986
Designates the week of September 15 through September 21, 1986, as National Historically Black Colleges Week.
United States · United States Congress · 12 June 1986
Disapproves the President's recommendation to extend the President's authority to waive the freedom of emigration requirements under the Trade Act of 1974 in order to extend the most-favored nation status of Romania.
United States · United States Congress · 11 June 1986
Expresses the sense of the Congress that the Director of the National Institutes of Health should transfer the Silver Spring Monkeys to the Primarily Primates, Inc., animal sanctuary in San Antonio, Texas.
United States · United States Congress · 9 June 1986
House Broadcast Recording Preservation and Public Access Act of 1986 - Directs the Clerk of the House of Representatives to enter into arrangements with the Librarian of Congress and the Archivist of the United States for: (1) maintaining a permanent audio and visual recording of daily House proceedings; and (2) making such recordings available for viewing, reference, and research purposes by Members, congressional staff, students and scholars, and the general public at locations in the Library of Congress and the National Archives buildings. Deems such recordings to be the property of the House of Representatives. Declares that the original recordings maintained by the Archivist are the official record of words actually spoken during House proceedings. Directs the Clerk to make arrangements for the public purchase of copies of such recordings. Makes it unlawful to use such recordings in commercial advertisements or for partisan campaign material.
United States · United States Congress · 9 June 1986
Designates the week of April 12 through April 18, 1987, as National Telecommunicators' Week.
United States · United States Congress · 5 June 1986
United States House of Representatives Election Recount Act of 1986 - Declares that any recount of ballots for the office of Representative shall be completed: (1) in a general election by December 31 of the year of the election; and (2) in a special election by the end of six weeks after the election.
United States · United States Congress · 3 June 1986
Designates the Arctic Coastal Plain Wilderness, Alaska, as a component of the National Wilderness Preservation System.
United States · United States Congress · 22 May 1986
Amends the Internal Revenue Code to provide that the value of transportation provided to any person on a noncommercially operated aircraft shall be considered "no-additional-cost service" and therefore excludible from gross income if: (1) such transportation is provided on a flight made in the ordinary course of the trade or business of the taxpayer owning or leasing such aircraft for use in such trade or business; (2) the flight on which the transportation is provided would have been made whether or not such person was transported on the flight; and (3) no substantial additional cost is incurred in providing such transportation to such person.
United States · United States Congress · 21 May 1986
Amends the Consolidated Budget Reconciliation Act of 1985 to hold a State harmless in FY 1987 against changes that Act effected in the annual calculation of the Federal medical assistance percentage under title XIX (Medicaid) of the Social Security Act if such changes would cause a reduction of Medicaid payments to the State in FY 1987.
United States · United States Congress · 20 May 1986
Expresses the sense of the Congress that: (1) the essential air service to small communities program established under the Federal Aviation Act of 1958 should be maintained for the ten-year period for which it is authorized; and (2) no executive action should be taken to undermine this program.
United States · United States Congress · 15 May 1986
Amends the Federal Aviation Act of 1958 with respect to air carrier mergers or acquisitions to require the Secretary of Transportation to impose, as a condition of approval of such transactions, labor protective conditions that are calculated to mitigate possible adverse effects upon air carrier employees' employment, wages, or working conditions.
United States · United States Congress · 6 May 1986
Directs the Secretary of the Treasury to oppose the admittance of Poland as a member of the International Monetary Fund (IMF) until the Secretary determines that the Government of Poland, with participation of the Solidarity movement, has formulated an economic program that determines how IMF funds will: (1) provide the basis for correcting Poland's balance of payments deficits; (2) reduce the severe constraints on Polish labor and capital mobility; and (3) establish social, political, and economic freedom in Poland.
United States · United States Congress · 5 May 1986
Authorizes and requests the President to designate a calendar week in 1986 and each year thereafter as National Infection Control Week.
United States · United States Congress · 1 May 1986
Designates the week beginning January 4, 1987, as National Bowling Week.
United States · United States Congress · 1 May 1986
Declares that the House of Representatives urges: (1) the Soviet Union to share with the international scientific community information about the Chernobyl accident and to open the nuclear site for international inspection; (2) the establishment of an international emergency alert system; (3) the International Atomic Energy Agency to establish safety standards for nuclear power plants; and (4) the United States and other member nations of the Agency to implement standards by directing the Agency to establish an international emergency response force. Encourages the formation of an international commission to examine the causes of the Chernobyl accident.
United States · United States Congress · 30 April 1986
General Aviation Tort Reform Act of 1986 - Amends the Federal Rules of Civil Procedure to provide uniform rules for negligence and products liability claims arising from general aviation accidents. Allows any person claiming damages from such an accident to bring a products liability action against the general aviation manufacturer if: (1) the product was defective when it left the control of the manufacturer; (2) the defective condition was the proximate cause of the harm; (3) the condition would not have been corrected by actions described in directives issued by the Federal Aviation Administration (FAA) or the manufacturer; and (4) the aircraft was being used for a purpose and in a manner for which it was manufactured. Provides an alternative method to establish manufacturer liability where the manufacturer failed to provide reasonable warnings (unless such warnings would not have affected the conduct of the product user). Provides a third method to establish manufacturer liability where: (1) the manufacturer made an express warranty with respect to the product; (2) the warranty related to that aspect of the product which caused the harm; (3) the product failed to conform to the warranty; and (4) such failure was the proximate cause of the harm. States that all actions for damages arising from a general aviation accident shall be governed by the principles of comparative responsibility. Provides that defendants in such actions are severally but not jointly liable for damages (except that manufacturers of airframes and systems or components of aircraft may be jointly and severally liable under certain circumstances). Provides a 12-year limitation on liability of manufacturers. States that express warranties running for a longer period of time and the duty to provide additional warnings shall not be affected by such limitations. Allows awards of punitive damages. Prescribes a statute of limitations for such actions. Preempts State laws to the extent that this Act establishes applicable rules or procedures. Grants Federal district courts (concurrently with State courts) original jurisdiction (without regard to the amount in controversy) in all civil actions for damages arising out of a general aviation accident. Allows the removal of State actions to an appropriate Federal district court by any defendant. Prescribes venue restrictions. Expresses the intent of the Congress that orders to pay reasonable expenses, including attorney's fees, be enforced.
United States · United States Congress · 29 April 1986
Declares that the House of Representatives: (1) condemns the Soviet Union's failure to provide notification and information about the nuclear accident at Chernobyl; and (2) calls upon the Soviet Union to permit outside nuclear experts to assist with the accident and to allow the international press corps to cover the situation.
United States · United States Congress · 29 April 1986
Expresses the sense of the Congress that the number of personnel of the Libyan Mission to the United Nations should be permanently reduced by 50 percent and that specified restrictions should be placed on the activities of the remaining personnel.
United States · United States Congress · 24 April 1986
Authorizes the printing of the compilation of materials entitled "Guide to Research Collections of Former Members of the United States House of Representatives, 1789-1987" as a House document. Authorizes the printing of additional copies for the use of the Office for the Bicentennial of the House of Representatives.
United States · United States Congress · 17 April 1986
Medicare Quality Protection Act of 1986 - Title I: Quality Assurance in Inpatient Hospital Settings - Requires the Secretary of Health and Human Services to develop and submit to the Congress a legislative proposal to improve the prospective payment system established under title XVIII (Medicare) of the Social Security Act so that it more accurately approximates the costs of inpatient hospital services and accounts for variations in case complexity. Amends the Medicare program to require a hospital to give Medicare beneficiaries, upon their admission to the hospital, a written statement explaining: (1) the individual's rights to benefits for inpatient hospital and post-hospital Medicare services; (2) the circumstances under which such individual will be liable for charges for a continued hospital stay; (3) the individual's right to appeal denials of continued hospital services; and (4) the individual's liability for payment for services if such a denial of benefits is upheld on appeal. Amends part B (Peer Review) of title XI of the Act to require peer review organizations receiving a hospital inpatient's request for review of a hospital's decision that the patient no longer needs inpatient care to inform the patient of its decision within two days of receiving the request. Prohibits hospitals from charging patients for inpatient hospital services provided while patients wait for a peer review organization to respond to their timely review requests. Imposes a civil money penalty on hospitals which make payments to physicians and on physicians who knowingly receive payments which constitute an inducement to curtail the stay of, or services provided to, an identifiable patient. Directs the Secretary to study the adequacy of standards used for hospital compliance with Medicare participation conditions in assuring the quality of hospital services. Requires the Secretary to study the adequacy with which the prospective payment system compensates hospitals, and distributes such compensation among hospitals, for costs attributable to patients' extended hospital stays necessitated by delays in patient placement in skilled nursing facilities. Title II: Access to Appropriate Post-Hospital Care - Amends part B (Supplementary Medical Insurance) of the Medicare program to require hospitals to implement a discharge planning process which meets guidelines and standards, to be established by the Secretary, ensuring patients a timely and smooth transition to the most appropriate type of, and setting for, post-hospital or rehabilitative care. Extends the limitations on beneficiary liability for disallowed Medicare claims to cover home health services provided to certain unqualified individuals. Provides that skilled nursing facilities and home health agencies which keep their services for which Medicare coverage is denied below specified percentages and comply with certain administrative requirements shall not subsequently be denied payment for care provided. Sets forth reporting requirements. Directs the Secretary to develop a uniform needs assessment instrument enabling health care providers and fiscal intermediaries to evaluate an individual's need and ability to pay for post-hospital extended care, home-health, and long-term care services. Requires the Secretary to develop procedures to expedite fiscal intermediaries' determinations as to whether provider claims for post-hospital extended care and home health services may be reimbursed under the Medicare program. Directs the Secretary to provide for prompt response (within 24 hours) to beneficiary requests as to whether the beneficiary's Medicare coverage for post-hospital extended care services has been exhausted. Authorizes providers to represent beneficiaries on appeals of benefit determinations. Permits beneficiary appeals of the Secretary's denials of claims for home health service benefits. Amends the Social Security Amendments of 1983 to extend, through 1989, the annual report on the impact of the prospective payment system and require the inclusion of information in such reports regarding the quality, and accessibility to Medicare beneficiaries, of post-hospital services. Title III: Improved Review of Quality by Peer Review Organizations - Amends part B (Peer Review) of title XI of the Act to require hospitals to submit data to peer review organizations on a monthly basis. Requires peer review organizations to review selected cases where individuals are readmitted to a hospital within 30 days of their most recent hospital discharge to determine if the previous inpatient hospital services and post-hospital services met professionally recognized health care standards. Directs each peer review organization to commit a reasonable proportion of its activities to review of the quality of services provided in cases and settings where potential quality problems have been identified. Requires the Secretary to identify methods facilitating the discovery of such cases. Requires each peer review organization to have at least one consumer representative on its board of directors. Directs such organizations to investigate all written beneficiary complaints about the quality of Medicare services which are filed with the organization. Requires peer review organizations to share data with organizations responsible for accrediting providers or State officials responsible for assuring quality care if such data reflects a substantial failure by providers or practitioners to provide quality care. Title IV: Study to Develop a Strategy for Quality Review and Assurance - Directs the Secretary to arrange a study which will serve as the basis for establishing a strategy for reviewing and assuring the quality of care provided under the Medicare program. Requires the Secretary to report to the Congress regarding the study within two years of enactment of this Act.
United States · United States Congress · 17 April 1986
Anti-Terrorism Act of 1986 - Declares that any person who organizes, attempts, commits, procures, or supports acts of terrorism shall be considered to have committed an act of aggression against the United States and may be pursued with deadly force. Defines terrorism to mean activity directed against U.S. persons which: (1) is committed by a non-U.S. national or permanent resident alien; (2) involves violent or dangerous acts which would be crimes in the United States; and (3) is intended to intimidate a civilian population, to influence government policy, or to affect the conduct of a government by assassination or kidnapping. Authorizes the President, subject to the provisions of the Constitution, to protect U.S. persons from terrorism through the use of all antiterrorism and counterterrorism measures that the President deems necessary. Requires the President's authority to apply: (1) to all terrorists wherever they may be; and (2) until the President determines that no terrorist poses a threat to U.S. persons. Prohibits this Act from being construed as granting any authority to use deadly force within the United States which would not exist in the absence of this Act. Requires the President to report to the Congress within ten days of taking any action under this Act.
United States · United States Congress · 17 April 1986
Declares that the House of Representatives, on behalf of the U.S. people, expresses its gratitude to the Government and people of the United Kingdom who assisted the United States in its exercise of self-defense against Libya and in the fight against state-sponsored international terrorism.
United States · United States Congress · 16 April 1986
Natural Gas Policy Act Amendments of 1986 - Title I: Open Access to Transportation - Amends the Natural Gas Policy Act of 1978 to authorize the Federal Energy Regulatory Commission (the Commission) to: (1) allow any pipeline to transport natural gas on behalf of any person; (2) require pipelines to transport gas without discrimination; and (3) require pipelines which receive gas to provide nondiscriminatory transportation services. Requires the Commission (upon request by any person) to direct an interstate pipeline to provide transportation service (without discrimination) unless such pipeline demonstrates to the Commission that it is incapable of providing such service. Title II: Removal of Wellhead Price Controls and Repeal of Jurisdiction Over First Sales - Removes wellhead price controls over all natural gas first sales beginning April 1, 1987. Removes such control for certain gas sales contracts executed after March 1, 1986. Removes Commission jurisdiction over first sales of natural gas committed or dedicated as of the day before enactment of this Act. Repeals Commission authority to specify the minimum duration of certain natural gas contracts (thus removing all non-price regulation of first sales of natural gas). Declares that, with respect to ceiling prices of certain natural gas sales, the last price paid for such gas shall be considered a federally established rate for purposes of an area rate clause. Title III: Repeal of Certain Restrictions on the Use of Natural Gas and Petroleum Use and Pricing - Amends the Powerplant and Industrial Fuel Use Act of 1978 to: (1) repeal the prohibitions against the use by electric powerplants and major fuel-burning installations of petroleum and natural gas as primary energy sources; (2) remove the restrictions placed upon Federal major fuel-burning installations against the use of natural gas and petroleum as primary energy sources; and (3) repeal the guidelines for the emergency use of natural gas or petroleum as a primary energy source by any person operating a peakload powerplant or a major fuel-burning installation. Revokes the authority of the Secretary of Energy to require any major fuel-burning installation to furnish certain information regarding the use of primary energy sources of fuel. Amends the Natural Gas Policy Act of 1978 to repeal the natural gas incremental pricing provisions. States that incremental pricing rules promulgated by the Commission shall continue in effect only with respect to the flow-through of costs incurred before enactment of this Act, including any surcharges based on such costs.
United States · United States Congress · 15 April 1986
Farm Tax Relief Act of 1986 - Amends the Internal Revenue Code to exclude from the gross income of a qualified farmer any income which would be includible in gross income by reason of a discharge of an indebtedness of the farmer, regardless of whether the farmer is insolvent immediately before the discharge. Defines a "qualified farmer" as one who, immediately before the discharge of the indebtedness: (1) had a debt to asset ratio exceeding 70 percent; and (2) earned at least 50 percent of gross income in the preceding taxable year in the trade or business of farming.
United States · United States Congress · 15 April 1986
Expresses the sense of the Congress that, in light of specified international human rights agreements, the Soviet Union should approve the exit visa applications of Doctor Naum Meiman and his wife, Inna Kitrosskaya, and arrange for them to go to the country of their choice. Urges the President to: (1) protest the Soviet Government's refusal to consider the exit visa applications of Dr. Meiman and his wife; (2) call upon all other signatory nations of the Helsinki Accords to join in such protest; and (3) instruct the U.S. delegation to the meeting of experts on human contacts organized under the auspices of the Conference on Security and Cooperation in Europe, to be held in Bern, Switzerland, to pursue this matter.
United States · United States Congress · 10 April 1986
Acid Deposition Control Act of 1986 - Title I: Stationary Sources - Amends the Clean Air Act to require States to develop and submit to the Administrator of the Environmental Protection Agency (EPA) an emissions limitation compliance schedule for sulfur dioxide and oxides of nitrogen from fossil-fuel-fired electric utility steam generating units. Requires a two-phase reduction in such emissions, the first to be achieved by 1993, the second by 1997. Requires each State to develop and submit to the Administrator a plan to achieve emissions reductions from other fossil-fuel-fired steam generating units by 1977. Directs the Administrator to conduct and update a comprehensive annual inventory of emissions of sulfur dioxide and oxides of nitrogen from stationary sources, identifying achievable reductions which could be made by 1997. Requires States to submit to the Administrator for approval a plan for achieving such reductions. Grants States discretion in their choice of compliance measures. Requires the Administrator to report to the Congress by July 1, 1993, on phase I reductions and the feasibility of meeting phase II reductions. States that phase II reductions will not take effect if the Congress enacts legislation to that effect. Sets forth emissions rates a State without an approved reductions plan must follow. Authorizes the Administrator to impose a fee on the generation and importation of electric energy between December 31, 1988, and December 31, 1996, to subsidize the interest on qualified pollution control debt incurred by the utility. Establishes civil penalties for fee violations. Establishes in the Treasury the Acid Deposition Control Fund to receive such fees and provide interest subsidy payments for pollution control systems meeting specified standards. Revises the standards for nitrogen oxides emissions for new electric utility steam generating units which burn bituminous or subbituminous coal and for certain fossil-fuel-fired steam generating units. Requires certain smelters to be in compliance with the applicable emissions reduction standard by January 2, 1988, without extension or delay. Title II: Control of Emission from Mobile Sources - Sets oxides of nitrogen emission standards for motor vehicles for model years 1988, 1989, and beyond. Modifies hydrocarbon standards for trucks after model year 1989. Directs the Administrator to regulate sulfur in diesel fuel for 1989 and beyond. Requires either the use of onboard hydrocarbon control technology or the use of gasoline vapor recovery of hydrocarbon emissions emanating from fueling motor vehicles. Title III: International Cooperation - Expresses the concern of the Congress over transboundary pollution between the United States and Mexico and directs the Secretary of State and the Administrator to conclude an agreement within three months of enactment. Requires such an agreement to cover specified copper smelters. Requires the Secretary and the Administrator to report to the Congress within six months on negotiating such agreement. Requires EPA to perform atmospheric field experiments to determine the effects of sulfur dioxide emissions, before and after pollution controls, of the Nacozaria smelter, Mexico, on specified western States. Directs the Secretary to establish an international agency, or utilize an existing agency, to report on the effects of transboundary air pollution from copper smelters on public health and welfare in the United States and in Mexico.
United States · United States Congress · 10 April 1986
Energy Incentives and Agricultural Financial Resources Act of 1986 - Title I: Sense of Congress on Tax Reform Provisions Which Detrimentally Affect the Petroleum Industry - Declares that it is the sense of the Congress that retention of current income tax provisions relating to the petroleum industry is necessary to provide capital formation for the industry. Urges elimination of any provision of the Tax Reform Act of 1985 (H.R. 3838) or of any similar tax reform legislation which would detrimentally affect the oil depletion allowance, the deduction for intangible drilling and development costs, the credit for producing fuel from a nonconventional source, or other tax provisions favorable to the petroleum industry. Title II: Federal Banking Agency Cooperation with Troubled Banks and Thrift Institutions - Amends the Federal Deposit Insurance Act to revise provisions concerning the extraordinary acquisition of troubled banks and thrift institutions. Authorizes an in-State or out-of-State bank holding company or savings and loan holding company to: (1) establish a newly chartered bank in a State where an insured bank with total assets of $250,000,000 or more is closed or is in danger of failing (as determined by the Federal Deposit Insurance Corporation) for the purpose of purchasing the assets and assuming the liabilities of the closed or failing bank; (2) purchase the stock of the failing bank; (3) purchase the stock or assets of, or merge with, a bank subsidiary which is in danger of closing if the subsidiary holds 35 percent or more of the assets of a bank holding company with assets of at least $1,000,000,000; or (4) establish a newly chartered bank in the same State as the failing subsidiary to merge with, or purchase the assets and assume the liabilities of, such subsidiary or affiliated banks. Requires any such transaction to be approved by the Corporation and the primary Federal and State supervisors of each party thereto. Provides that an out-of-State bank holding company which acquires a closed or failing bank shall not be entitled to acquire additional banks in the State in which such bank is located. Authorizes any acquired bank to retain and operate all existing branches and to establish new branches to the same extent as a national bank located at such bank's principal office. Prohibits any in-State or out-of-State bank holding company which acquires a closed or failing bank from being required to divest any other bank or from being prevented from acquiring any other bank or bank holding company by reason of such acquisition. Sets forth provisions concerning: (1) the shareholder approval of such an acquisition; and (2) the solicitation of offers and disclosure of information to prospective purchasers by the Corporation. Amends the Garn-St Germain Depository Institutions Act of 1982 to extend the Net Worth Certificate Act for two years. Requires the appropriate Federal banking agency to: (1) permit an insured agricultural or energy bank to account for troubled debt restructuring according to generally accepted accounting principles by not requiring a change in the recorded investment unless the investment exceeds total, reasonably anticipated, future receipts, given the new terms of the loan; (2) establish a program of capital standard forbearance for such an insured bank for which capital reduction is largely attributable to problems in the agricultural or energy sectors of the economy or any other sector of the economy experiencing financial difficulties; and (3) implement call report requirements for renegotiated loans which authorize such loans to be disclosed as "restructured and in compliance with modified terms." Directs the Comptroller of the Currency to establish new lending limits for banks covered by the capital standard forbearance program. Prohibits such a lending limitation from exceeding 20 percent of the unimpaired capital and unimpaired surplus of the lending institution. Creates a moratorium on the establishment of nonbank banks until July 15, 1986. Title II: Repeal of Certain Restrictions on the Use of Natural Gas and Petroleum -(Please note that H.R.4553 has two titles numbered "Title II.") - Amends the Powerplant and Industrial Fuel Use Act of 1978 to: (1) repeal the prohibitions against the use by electric powerplants and major fuel-burning installations of petroleum and natural gas as primary energy sources; (2) remove the restrictions placed upon Federal major fuel-burning installations against the use of natural gas and petroleum as primary energy sources; and (3) repeal the guidelines for the emergency use of natural gas or petroleum as a primary energy source by any person operating a peakload powerplant or a major fuel-burning installation. Revokes the authority of the Secretary of Energy to require any major fuel-burning installation to furnish certain information regarding the use of primary energy sources of fuel. Amends the Natural Gas Policy Act of 1978 to repeal the natural gas incremental pricing provisions. States that incremental pricing rules promulgated by the Federal Energy Regulatory Commission (FERC) shall continue in effect only with respect to the flow-through of costs incurred before enactment of this Act, including any surcharges based on such costs. Authorizes FERC to direct natural gas companies to provide transportation services through certificated facilities if to do so does not impair such companies' ability to render adequate service to their customers. Provides for the transportation of natural gas on a non-discriminatory basis as to class of shipper or recipient.
United States · United States Congress · 9 April 1986
Amends the Animal Welfare Act to permit citizen suits to compel enforcement of such Act. Authorizes the court in such suits to award litigation expenses, including attorney fees to: (1) a prevailing plantiff; or (2) a prevailing defendant if such action is found to be frivolous, unreasonable, or without foundation.
United States · United States Congress · 9 April 1986
Bilingual Education Act Amendments of 1986 - Amends the Bilingual Education Act (the Act) to add to the statement of policy the declaration that, regardless of the method of instruction, programs which serve children of limited English proficiency have the equally important goals of developing both academic achievement and English proficiency. Removes a requirement that the Secretary of Education (the Secretary) reserve limited portions of funds under the Act for special alternative instructional programs and related activities. Removes a requirement that the Secretary reserve at least 75 percent of funds under part A (Financial Assistance for Bilingual Education Programs) of the Act for transitional bilingual education programs.
United States · United States Congress · 9 April 1986
Designates the week beginning on November 9, 1986, as National Women Veterans Recognition Week.
United States · United States Congress · 9 April 1986
Designates the month of November 1986 as National Hospice Month.
United States · United States Congress · 9 April 1986
Expresses the sense of the Congress that Libya should be expelled from the United Nations.
United States · United States Congress · 8 April 1986
Expresses the sense of the Congress that the Farm Credit Administration and its associated agencies and institutions should take additional actions to alleviate the agricultural financial situation, including restructuring, rather than foreclosing, loans.
United States · United States Congress · 8 April 1986
Expresses the sense of the Congress that Federal telecommunications policy should maintain universal telephone service, retain nationwide toll rate averaging for interstate long distance calls, and reduce regulatory and administrative burdens on small telephone systems. Provides that any Federal access charge plan should: (1) support rural telephone systems through a universal service fund designed to ensure affordable rural telephone rates; (2) allocate to interstate long distance service no less than the proportion of the local telephone system access costs currently allocated to such service; (3) retain the current arrangement for the pooling of such costs; and (4) avoid collecting all of such costs by means of flat rate access charges.
United States · United States Congress · 25 March 1986
Federal Financial Management Improvement Act - Establishes: (1) the Office of the Chief Financial Officer of the United States in the Executive Office of the President; (2) an Assistant Secretary for Financial Management in each executive department; and (3) a Controller in each executive agency. Requires officers to be appointed to such positions by the President, by and with the advice and consent of the Senate. Requires the Chief Financial Officer (CFO) to: (1) provide central direction and monitoring of the executive agencies in the management of their financial activities; (2) ensure that the President and the Congress are fully informed of the Government's financial management condition; and (3) maintain the central accounting and reporting records of the Government. Requires each Assistant Secretary and Controller to: (1) maintain a strategic financial management plan for his or her department or agency; and (2) participate in the appointment, development, and evaluation of financial managers of such department or agency. Requires the budget of each department and agency to contain a line item for its Assistant Secretary or Controller based on its strategic financial management plan. Establishes in the executive branch the Federal Finance Council, which shall consist of the CFO and the Assistant Secretaries, as an advisory body on financial management objectives, information requirements, plans, operations, and activities. Directs the President to transfer to the Office of the CFO: (1) such functions of the executive agencies as the President determines are properly related to the functions of the Office; and (2) such personnel, property, and records of such agencies as are related to the transferred functions.
United States · United States Congress · 21 March 1986
Designates the weekend of August 1 through August 3, 1986, as National Family Reunion Weekend.
United States · United States Congress · 19 March 1986
Expresses the sense of the House of Representatives that Federal excise taxes and tariffs when incurred by business in the production of income should remain deductible for Federal income tax purposes.
United States · United States Congress · 18 March 1986
Amends the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 to authorize interim funding for the Hazardous Substance Response Trust Fund (Superfund).
United States · United States Congress · 18 March 1986
Telephone Decency Act of 1986 - Amends the Communications Act of 1934 to prohibit any obscene or indecent telephone communication for commercial purposes to any person in the District of Columbia or in interstate or foreign communication. (Current law prohibits such communication to any person without his or her consent or to any person under 18 years of age.)