United States · United States Congress · 25 January 1983
Directs the Comptroller General to audit, each fiscal year, the Federal Reserve Board, the Federal Advisory Council, the Federal Open Market Committee, and all Federal Reserve banks and their branches. Requires the Comptroller General, within six months after the end of each fiscal year, to report to Congress on the results of such audit.
United States · United States Congress · 25 January 1983
Declares it to be the policy of the Government that: (1) Federal procurement should be accomplished on a competitive basis wherever possible through the General Services Administration (GSA); (2) the use of multiple award schedules should be restricted to cases where competitive single awards are not feasible, sales volume justifies centralized procurement, and a valid need exists for functionally similar items with different prices and features; and (3) where the volume of products purchased is too low to provide a price advantage and commercial "off-the-shelf" products can be substituted for products designed to Government specifications, individual agencies should purchase items locally subject to review by GSA. Directs the Administrator of GSA to implement such policy, the recommendations on procurement contained in the Comptroller General's report of May 2, 1979, and the policy statement prepared by the Office of Acquisition Policy in response to such report. Directs the Administrator, within 60 days after enactment, to issue transitional regulations governing purchases from any multiple award schedule. Requires that such regulations: (1) include the requirement that whenever any agency procurement officer or employee determines that an item in such a schedule is available from a commercial source in the area at a lower cost and under conditions which are no less favorable to the Government than is the case under the schedule, the item shall be purchased from that source; and (2) establish procedures for the audit and review of any such purchase and the enforcement of such regulations by GSA. Repeals such regulations on the effective date of the regulations which are issued to implement the procurement policy declared by this Act and which apply to any item on a multiple award schedule. Requires the Administrator to submit to Congress periodic reports on actions taken, and legislation needed, to carry out this Act.
United States · United States Congress · 25 January 1983
Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to remove the limitation on the amount of outside income which a beneficiary may earn without incurring a reduction in benefits.
United States · United States Congress · 25 January 1983
Math and Science Education Act - Amends the Internal Revenue Code to allow employers an income tax credit for compensation paid to: (1) precollege mathematics and science teachers hired for the summer months for employment which provides experience in the applied use of high technology; and (2) permanent employees who teach precollege mathematics or science at a public school without compensation from such school. Sets the amount of such credit at the sum of: (1) 50 percent of the aggregate compensation paid to teachers employed for the summer months; plus (2) 100 percent of the aggregate compensation paid to permanent employees who teach at public schools. Limits the amount of compensation paid to a permanent employee which may be taken into account to $1,000 multiplied by the number of months such employee teaches in a public school. Requires that teachers hired for the summer months must be paid an aggregate salary greater than 25 percent of their annual teaching salary. Requires that permanent employees who teach at public schools must teach at an elementary or secondary school for at least ten hours per week (at least five of which must be actual instruction in the classroom) at the request of the school district administrators.
United States · United States Congress · 25 January 1983
Amends the Internal Revenue Code to increase to $2,500 the maximum deduction for contributions to retirement savings plans. Allows certain individuals to compute the amount of the income tax deduction for retirement savings on the basis of the earned income of their spouses, without regard to any community property laws.
United States · United States Congress · 25 January 1983
Establishes in the House of Representatives a Select Committee to Investigate Illegal or Unethical Practices of the Internal Revenue Service. Requires all records, files, and materials of such committee to be transferred to the Librarian of Congress, who shall make them available for public inspection.
United States · United States Congress · 6 January 1983
Computer Contribution Act of 1983 - Amends the Internal Revenue Code to increase for one year the maximum allowable charitable contribution income tax deduction for corporations which donate computers during 1984 to primary and secondary schools. Requires that contributions be nondiscriminatory as to geographic areas or economic status of the donees, and be used directly in the education of students.
United States · United States Congress · 6 January 1983
Requires that each State establish and maintain an approved workfare program as a condition of its eligibility for Federal payments or other assistance under the: (1) program of aid to families with dependent children under the Social Security Act; (2) food stamp program under the Food Stamp Act of 1977; and (3) public housing and assisted housing programs under the United States Housing Act of 1937. Requires that such State workfare program shall require every State resident applying for or receiving aid under such Federal public assistance program to perform work in return for, and as a condition for, such aid. Directs the appropriate Federal agencies to promulgate guidelines for approval, supervision, and oversight of such State workfare programs. Exempts from required participation in such programs those who are: (1) under age 18 or over age 65; (2) disabled; (3) regularly employed for at least 40 hours a week; or (4) primarily responsible for the care of a child less than three years old (or for the care of a child more than two but less than six years old if suitable child care is not available at reasonable cost). Requires that each State workfare program must provide that if any individual who is required to participate in such program refuses to accept a bona fide offer of qualified employment or to perform qualified employment, in any month, neither such individual nor any other person in the family or household of which such individual is a member shall be eligible to receive any aid under such Federal public assistance programs for that month. Requires that State workfare programs include provision for job counseling, assistance in obtaining employment outside the program, and job search activities. Provides for: (1) Federal matching funds to cover administrative costs of such State programs; (2) Federal cut-offs of funds to State agencies for failure to comply with this Act; and (3) Federal agency reports to Congress on such State programs. Authorizes appropriations.
United States · United States Congress · 6 January 1983
Congressional Pay Reform Act - Amends the Legislative Reorganization Act of 1946 and the Federal Salary Act of 1967 to specify that pay adjustments for Members of Congress shall become effective on the March 1 following the beginning of the next Congress after the Congress during which such adjustment is approved. Conditions such adjustment on the adoption of a concurrent resolution by each House of Congress. Requires a recorded vote on such resolution to reflect the vote of each Member. Prohibits any congressional employee from being paid at a rate exceeding the rate payable for Senators and Members of the House of Representatives. Requires the President to transmit to the Congress, within a specified time period, recommendations for rates of pay of Members of Congress, legislative, and judicial employees. Prohibits the House of Representatives and the Senate from considering any bill or joint resolution carrying an appropriation for compensation of Members of Congress for any fiscal year if such bill or joint resolution carries an appropriation or a limitation on appropriations for any other purpose.
United States · United States Congress · 6 January 1983
Natural Wetlands Inventory and Evaluation Act - Directs the Secretary of the Interior to formulate and carry out a continuous program which: (1) classifies and inventories the Nation's wetlands; (2) measures the degradation and loss of wetlands; and (3) evaluates the contribution of wetlands to fish and wildlife conservation, land and water conservation, and the quality of the human environment. Directs all departments and agencies of the Federal Government to furnish information concerning the extent of destruction, alteration, and uses of wetlands under their respective programs. Authorizes the Secretary to contract with educational institutions, State fish and wildlife agencies, and private organizations to collect and analyze data for the purposes of this Act. Authorizes appropriations for FY 1983 and succeeding fiscal years.
United States · United States Congress · 6 January 1983
Youth Fair Labor Standards Amendments of 1983 - Amends the Fair Labor Standards Act of 1938 to permit employers, without prior certification by the Secretary of Labor, to pay 85 percent of the minimum wage: (1) to youths under age 20, for a 365-day period; and (2) to full-time students, with proof of enrollment at an institution of higher education, for part-time work up to 20 hours per week or full-time work during vacation periods. Directs the Secretary to insure against specified violations of requirements for such special minimum wages for youths and students. Makes employers liable for unpaid wages and overtime compensation for such violations.
United States · United States Congress · 6 January 1983
Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to provide that disability insurance benefits for an individual having a terminal illness shall begin with the first month during which such individual has such illness.
United States · United States Congress · 6 January 1983
States that as part of the strategic arms reduction negotiations (START) the United States and the Soviet Union should: (1) place the highest priority on eliminating the fear of a first-strike by either nation; and (2) seek a verifiable agreement that produces a stable strategic relationship by ensuring that neither nation possesses capabilities of a first strike.
United States · United States Congress · 6 January 1983
Expresses the sense of the House of Representatives that Presidential Proclamation 4771, dated July 2, 1980, is valid, remains in effect, and that therefore it remains the duty of young men to register with the Selective Service System in accordance with the Military Selective Service Act.
United States · United States Congress · 6 January 1983
Declares that it is the sense of the Congress that the Budget Committee of the House consider in detail the option of a freeze on Federal spending at FY 1983 levels in developing concurrent budget resolutions for FY 1984, 1985, and 1986.
United States · United States Congress · 6 January 1983
Expresses the sense of Congress that the age for drinking and purchasing alcoholic beverages should be raised to 21 in all States where the drinking age is lower.
United States · United States Congress · 3 January 1983
Directs the President to negotiate an agreement with the Soviet Union for the establishment of a permanent joint United States-Soviet Communications Center to provide an additional channel for communications between the United States and the Soviet Union in order to reduce the threat of an accidental nuclear war. Declares that the agreement should provide that: (1) the function of the Center would be to serve as a direct and secure means of communications between the two countries; (2) the Center would have no intelligence gathering capabilities and would not be used for espionage; (3) the Center would be located in an agreed upon third country with the operating costs shared equally; and (4) the Center would be staffed by an equal number of personnel from each country. Requires the agreement to be either a treaty or an executive agreement which will enter into force only upon its approval by both Houses of Congress.
United States · United States Congress · 3 January 1983
Amends the Federal criminal code to establish mandatory minimum two-year terms of imprisonment for the Federal crimes of burglary, aggravated assault, second degree murder, commission of an offense with a firearm or destructive device, rape, and robbery (including bank robbery). Increases the minimum term to four years for repeat offenders. States that the execution or imposition of sentences: (1) may not be suspended; (2) may not include probation or parole; and (3) is not subject to good time provisions or the Federal Youth Corrections Act. Specifies mitigating circumstances for the imposition of such mandatory sentences. Requires a sentencing hearing to determine if such circumstances are applicable.
United States · United States Congress · 3 January 1983
Amends the Internal Revenue Code to permit a married taxpayer filing a joint return to deduct from gross income certain amounts paid to an individual retirement account established for the benefit of a working spouse. Increases from $1,125 to $2,000 the allowable deduction for contributions to an individual retirement account for certain divorced taxpayers.
United States · United States Congress · 3 January 1983
Hobbs Act Amendment of 1983 - Amends the Hobbs Act to establish penalties for obstructing, affecting, or interfering with commerce by willfully injuring, damaging, burning, or destroying to the value of $2,000 or more any real or personal property of any person at or near any place where work or business of an employer or owner is carried on or where such employer or owner transports, stores, or maintains property for business or other purposes. States that such violation, as well as the offense of interfering with commerce by extortion, shall not be nullified or mitigated even if committed in the course of a legitimate labor dispute.
United States · United States Congress · 3 January 1983
Acid Deposition Control Act - Amends title I (Air Pollution Prevention and Control) of the Clean Air Act to establish a new program entitled "Interstate Transport and Acid Precursor Reduction." Establishes an "acid deposition region" consisting of 31 States (east of or bordering the Mississippi River) and the District of Columbia. Directs the Administrator of the Environmental Protection Agency (EPA) to: (1) study air pollution problems associated with long-range transport of pollutants in the portions of the continental United States not included in the acid deposition region; and (2) report the results to Congress within two years. Establishes an acid deposition regional target providing for a ten-year phased schedule of reductions to achieve an annual average emission level that is 10,000,000 tons of sulfur dioxide below the 1980 baseline level. Directs the Administrator, within six months, to compute and publish a target and a schedule for each affected State. Permits two or more States to agree to change their share of the sulfur dioxide emissions reduction ("reduction"). Requires that State reduction schedules begin within five years, be substantially complete within eight years, and reach the State target within ten years of enactment of this Act. Sets forth formulas for: (1) State reduction fractions (based on 1980 emissions from electric utility steam generating units); and (2) the 1980 baseline level for the region or any State within the region. Requires States within the region to prepare, publish, and submit to the Administrator, within two years of enactment of this Act, State programs of reduction in accordance with the State schedules. Directs the Administrator to approve State programs, within four months of submission, if such programs: (1) were adopted after public notice, opportunity for hearing, and submission to Governors of the other States in the region; and (2) contain enforceable reduction measures, including emission limitations, monitoring requirements, and compliance schedules. Requires State programs to include enforceable continuous emission reduction measures. Lists some measures that State programs may include. Permits a State or any person subject to State program requirements to substitute a reduction of twice as many units of oxides of nitrogen emissions for each unit of required reductions of sulfur dioxide emissions. Provides for an EPA alternative program if a State program: (1) has not been adopted by a State within two years; or (2) has not been approved by the Administrator within two years and four months. Requires, in such cases, that any owner or operator of an electric utility steam generating unit in such State submit, within three years of enactment of this Act, a unit plan and schedule for reductions. Requires unit plans and schedules only from units which: (1) are major stationary sources; (2) are not subject to new source performance standards; and (3) actually emitted, or were permitted to emit, sulfur dioxide during 1980 in excess of a specified rate. Requires that unit plans and schedules provide for a reduction to a specified rate of emissions, according to a phased schedule (beginning within five years, substantially complete within eight years, and finally complete within ten years of the enactment of this Act). Sets forth provisions for approval of unit plans and schedules. Provides that any unit for which a plan has not been submitted and approved must comply with the specified emission limitation within five years of the enactment of this Act. Directs the Administrator to establish a program of purchase and sale of emission reduction credits among stationary sources of sulfur dioxide in five emission reduction credit regions within the acid deposition region. Provides that specified requirements under this Act shall be treated as emission limitation requirements of applicable State implementation plans. Sets forth procedures for petitions for determination that programs or plans will not meet deadlines and for petitions for review of such determinations or denials.
United States · United States Congress · 3 January 1983
Taxpayer Protection Act - Amends the Internal Revenue Code to subject the Internal Revenue Service (IRS), in the collection of taxes, to provisions of the Fair Debt Collection Practices Act regarding communication and harassment in connection with debt collection. Prohibits the publication of any tax deficiency which has not been adjudged to be payable by a competent court. Permits individual taxpayers to bring a civil action in a U.S. district court for damages resulting from collection practices prohibited by this Act. Requires a Federal court order before property of a taxpayer may be levied upon for the collection of tax. Specifies that a showing of fraud or malfeasance or a misrepresentation, for purposes of modifying or reconsidering a closing agreement between an individual taxpayer and the Secretary of the Treasury, shall be taken into account only if such a showing or misrepresentation is determined by a competent court. Prohibits the Secretary from consenting to extend for more than one year the period for assessment of the income tax liability of any individual taxpayer. Requires the Secretary to prepare, for distribution to taxpayers, brief but comprehensive statements which set forth in nontechnical terms: (1) the rights and obligations of taxpayers during an audit; (2) the procedures which the IRS may use in enforcing revenue laws; and (3) the procedures by which a taxpayer may appeal adverse decisions, prosecute refund claims, and file taxpayer complaints. Requires a copy of such statement to accompany any tax forms sent to taxpayers. Prescribes criminal penalties for: (1) any investigation by employees of the United States in connection with Federal tax laws which inquires into the beliefs, associations, or activities of any individual or organization; or (2) the maintenance of any records containing information derived from such an investigation. Creates a civil cause of action for any taxpayer aggrieved by a prohibited investigation or by the deprivation of any civil rights. Permits the award of a judgment of costs, including reasonable attorney's fees, to a prevailing taxpayer in any proceeding before the Tax Court. Makes binding on the Secretary : (1) a tax return prepared for the taxpayer by an officer or employee of the IRS acting in his official capacity to provide such assistance; and (2) written information or advice given to the taxpayer by such an officer or employee acting in his official capacity. Places the burden of proof, in administrative and judicial proceedings involving the IRS and a taxpayer, upon the IRS. Directs that all property of taxpayers, for purposes of the estate and gift tax, be valued at historical cost (original cost to the taxpayer or the basis of the property if it was not purchased). Prohibits the use in IRS personnel evaluations of amounts collected pursuant to audits or investigations. Precludes the Secretary from exercising any enforcement authority over churches or certain other organizations. Prohibits the audit of any group of taxpayers unless the Secretary has first met certain notice requirements or permitted members of the group to file an amended return. Sets forth conditions which must be met by the IRS before any action is taken to interfere with the property rights of a taxpayer. Requires the IRS, before securing the records of or personal data concerning any taxpayer, to: (1) notify the taxpayer in writing of the demand, the material sought, and the need for the material; (2) have commenced an action in a competent court against the taxpayer; and (3) have justified its need before the court consistent with the discovery rules of the Federal Rules of Civil Procedure. States that the IRS shall have no authority, in enforcing the tax obligations of any person, which conflicts with rights and privileges granted under the Constitution.
United States · United States Congress · 3 January 1983
Nondiscrimination in Insurance Act - Prohibits discrimination on the basis of race, color, religion, sex, or national origin in the consideration of applications for, or the granting of, insurance policies and the terms of such policies. Permits insurers who regularly provide insurance solely to persons of a single religious affiliation to continue to do so. Grants to State or local governments having insurance discrimination laws the primary opportunity to enforce this Act. Permits an aggrieved person to file a civil action in State or Federal court against an insurer, if a State or local authority which has received notice of a complaint fails to act within 60 days or with respect to those authorities not having insurance discrimination laws. Authorizes the Attorney General to bring a civil action in district court when there is reasonable cause to believe that a person or group is engaged in a pattern or practice of resistance to the rights granted by this Act and that such denial raises an issue of general public importance.
United States · United States Congress · 3 January 1983
Emergency Mathematics and Science Education Act - Amends the National Defense Education Act of 1958 to add a new program for emergency mathematics and science education at elementary, secondary, and postsecondary levels. Authorizes appropriations to the Department of Education to provide elementary and secondary education assistance under such program for the first two fiscal years beginning after the date of enactment of this Act. Conditions such authorization upon increased appropriations under specified provisions of the Education Consolidation and Improvement Act of 1981. Sets forth provisions for allocation of such program funds among the States. Permits States to reserve five percent of such allocation for State administration and planning activities. Requires States to distribute the remainder among local educational agencies, with 75 percent allocated on the basis of school-age population and 25 percent on the basis of number of children from low income families. Sets forth permitted uses of program funds by local educational agencies. Sets forth requirements for State educational agency use of program funds. Requires that sums available for postsecondary assistance be used to award congressional scholarships to 300 individuals in the first fiscal year beginning after enactment of this Act and to 600 individuals in the second such year. Sets forth requirements for eligibility nomination, and selection of congressional scholars. Provides that such scholars shall be selected by a committee composed of the Librarian of Congress the Secretary of Education, the Director of the Office of Science of Science and Technology Policy, and two individuals appointed by the Speaker of the House and Senate Majority Leader respectively. Obligates such congressional scholars to teach elementary or secondary school mathematics, science, or other appropriate subjects for at least five years or to repay the total amount of the scholarship, plus interest at a rate prescribed by the Secretary of Education. Directs the Secretary to make available funds appropriated for FY 1984 or 1985 for postsecondary assistance under the program for grants for mathematics and science improvement and employment-based education programs in new and emerging technologies in the following amounts: (1) ten percent to institutions of higher education; and (2) 25 percent to community and junior colleges. Directs the Secretary of Education, from funds available for such purpose for FY 1984 or 1985, to make grants to institutions of higher education for summer institutes and workshops for teachers and supervisors of mathematics and science programs. Permits such institutes to be conducted in other areas of national need, as determined by the Secretary. Directs the Director of the National Institute of Education, in consultation with appropriate Federal agencies, to investigate effective methods of mathematics and science instruction. Authorizes appropriations for such purpose for FY 1984 and 1985. Directs the Secretary to make challenge grants available to provide up to one-third of the cost of: (1) purchase of modern scientific equipment for use in teaching and research; (2) training of faculty in the use of new laboratory and research equipment; and (3) sharing scientific and engineering equipment among academic and business laboratories and research centers. Limits the amount which may be made available for such challenge grants for FY 1985. Directs the Secretary, in consultation with other appropriate Federal agencies, to assess, before September 30, 1984, the current need for improvements in and purchases of laboratory equipment and facilities. Limits the total amount which may be appropriated pursuant to this Act for FY 1984. Limits the amount of such appropriation which may be available for elementary and secondary assistance and for postsecondary assistance. Amends the General Education Provisions Act to extend through FY 1985 the authorization of appropriations for: (1) the Pre-College Science Teacher Training program; and (2) the Minority Institutions Science Improvement program.
United States · United States Congress · 3 January 1983
Establishes a Commission on More Effective Government to study and recommend ways of promoting economy, efficiency, and improved service within the executive branch of Government. Directs the Commission to recommend methods to improve the relationship between Federal, State, and local governments. Directs the Commission to submit a final report to the Congress ten days after the Ninety-eighth Congress convenes. Terminates the Commission 90 days after such date. Authorizes appropriations.
United States · United States Congress · 3 January 1983
Establishes in the House of Representatives the Select Committee on Hunger to conduct a continuing comprehensive study of the problems of hunger and malnutrition.
United States · United States Congress · 3 January 1983
Establishes in the House of Representatives the Select Committee on Children, Youth, and Families to conduct a comprehensive study and review of the problems of children, youth, and families.
United States · United States Congress · 3 January 1983
Declares that the Commissioner of Social Security and the Secretary of Health and Human Services should develop and present to Congress a plan to correct the benefit disparity caused by the 1977 changes in the social security retirement benefit formula.
United States · United States Congress · 13 December 1982
Space Commerce Act - Directs the Secretary of Commerce to issue licenses for launching private sector space objects. Sets forth the conditions for issuing a license, including the ability to meet liability insurance requirements. Establishes criminal penalties for launching private space objects without such a license. Directs the Secretary to establish requirements for liability insurance to be carried by any licensee. Permits the Administrator to suspend or revoke a license for failure to comply with applicable regulations. Excludes from this Act space objects launched by or on behalf of the United States Government. Establishes the Commercial Space Study Commission to study the direction of future Government involvement and regulation of private sector commercial activity in outer space. Directs the Commission to report to Congress within a specified time. Terminates the Commission 60 days after its final report.
United States · United States Congress · 7 December 1982
Amends rule I of the Rules of the House of Representatives to establish the Office for the Bicentennial of the House of Representatives. Requires such office, under the direction of an appointed Historian, to coordinate the planning of the commemoration of the 200th anniversary of the House.
United States · United States Congress · 29 November 1982
Establishes the Commission on the Bicentennial of the United States Constitution. Requires the Commission to: (1) plan and develop appropriate activities to commemorate the bicentennial of the Constitution; (2) encourage private organizations, and State and local governments to organize and participate in bicentennial activities; (3) coordinate activities throughout all the States; and (4) serve as a clearinghouse for the collection and dissemination of bicentennial information. Directs the Commission to seek assistance from private and governmental agencies and organizations. Requires the Commission to submit a report of its recommendations to the President, Congress and the Judicial Conference within two years of enactment of this Act and annually until its termination. Terminates the Commission on December 31, 1989. Authorizes appropriations for FY 1983 and such sums as necessary through FY 1989.
United States · United States Congress · 1 October 1982
Declares it to be the policy of the Government that: (1) Federal procurement should be accomplished on a competitive basis wherever possible through the General Services Administration (GSA); (2) the use of multiple award schedules should be restricted to cases where competitive single awards are not feasible, sales volume justifies centralized procurement, and a valid need exists for functionally similar items with different prices and features; and (3) where the volume of products purchased is too low to provide a price advantage and commercial "off-the-shelf" products can be substituted for products designed to Government specifications, individual agencies should purchase items locally subject to review by the GSA. Directs the Administrator of the GSA to implement: such policy; the recommendations on procurement contained in the Comptroller General's report of May 2, 1979; and the policy statement prepared by the Office of Acquisition Policy in response to such report. Directs the Administrator, within 60 days after enactment, to issue transitional regulations governing purchases from any multiple award schedule. Requires that such regulations: (1) include the requirement that whenever any agency procurement officer or employee determines that an item in such a schedule is available from a commercial source in the area at a lower cost and under conditions which are no less favorable to the Government than is the case under the schedule, the item shall be purchased from that source; and (2) establish procedures for the audit and review of any such purchase and the enforcement of such regulations by the GSA. Repeals such regulations on the effective date of the regulations which are issued to implement the procurement policy declared by this Act and which apply to any item on a multiple award schedule. Requires the Administrator to submit to Congress periodic reports on actions taken and legislation needed to carry out this Act.
United States · United States Congress · 29 September 1982
Balanced Monetary Policy and Price Stability Act of 1982 - Amends the Federal Reserve Act to require the Board of Governors and the Federal Open Market Committee of the Federal Reserve System to establish monthly ranges of targets for short-term interest rates, consistent with historical levels of real interest rates, sustained economic growth, stable prices, and stable foreign exchange rates. Declares that if such objectives cannot be achieved simultaneously, the object of stable prices, as measured by an index of current prices, shall take precedence. Requires yearly targets for the growth or diminution of money and credit aggregates to also be established. Requires the Board and the Federal Open Market Committee to take necessary actions to assure that the targets for monetary and credit aggregates are achieved on an annual basis and short-term interest rates are achieved on a monthly basis. Requires a written report to specified congressional committees if such targets cannot or should not be achieved because of unfavorable economic conditions. Requires the Board of Governors to transmit specified information to Congress biannually. Requires the Board to announce publicly changes in objectives and plans at the time those changes are determined. Directs the Secretary of the Treasury to instruct the United States excutive director of the International Monetary Fund to request a conference of the Board of Governors of the International Monetary Fund for the purpose of considering reforms of the international monetary system which would promote price stability, financial confidence, and expanded world trade.
United States · United States Congress · 29 September 1982
Designates 1983 as the Tricentennial Anniversary Year of German Settlement in America. Expresses congressional support for the President's Youth Exchange Initiative, and especially the concept of a United States-German teenage exchange sponsored by the Congress and the West German Bundestag.