United States · United States Congress · 28 July 1982
Prohibits the Secretary of Labor from promulgating regulations changing: (1) the conditions for employment of 14 and 15 year-old children; and (2) existing regulations governing full-time student employment at subminimum wages.
United States · United States Congress · 22 July 1982
Expresses the concern of the House of Representatives in the preservation and restoration of Rhodes Tavern in Washington, D.C. Encourages preservation and restoration efforts by the National Trust for Historic Preservation, the National Capitol Planning Commission, the Commission of Fine Arts, the mayor and city council, and other interested organizations.
United States · United States Congress · 14 July 1982
Constitutional Amendment - Declares that equality of rights under the law shall not be denied or abridged by the United States or any State on account of sex.
United States · United States Congress · 13 July 1982
Amends the Internal Revenue Code to revise requirements for the tax exclusion of interest on mortgage subsidy bonds. Revises the arbitrage requirements for tax-exempt bonds to increase the amount by which interest rates on such bonds may exceed the interest rates on mortgages financed with such bonds. Increases the amount by which the acquisition cost of bond-financed residences may exceed the average area purchase price of other homes in the same statistical area. Specifies that issuers are not required to dispose of any investment and realize a loss in order to satisfy arbitrage restrictions. Revises the new homeowner requirements to allow eligibility for bond-financed mortgages for persons who are residing in substandard housing or who have lost their homes because of natural disasters or governmental action. Repeals the registration requirements for bond issues. Revises requirements for residential rental property bond issues relating to the median income level of occupants and the term of the low-income occupancy. Allows the exclusion of interest on industrial development bonds used to finance cooperative housing corporations if the cooperative is affordable by lower income families and other conditions are met.
United States · United States Congress · 13 July 1982
National Commission on Neurofibromatosis Act - Directs the Secretary of Health and Human Services to establish a National Commission on Neurofibromatosis within 60 days. Sets forth operating and related provisions. Authorizes the Commission to transmit interim reports. Requires: (1) a final report to the President and to each House of Congress within one year; and (2) the Secretary to file a final report and a budget analysis for neurofibromatosis research with the appropriate congressional committees within 15 days after the President submits his budget to Congress. Terminates the Commission three months after submission of the final report. Authorizes appropriations.
United States · United States Congress · 24 June 1982
Amends the Internal Revenue Code to extend the targeted jobs tax credit from 1982 to 1987. Treats as members of a targeted group certain individuals who either: (1) exhausted rights to extended unemployment compensation during 1982 or 1983; or (2) exhausted rights to regular benefits during 1982 or 1983 and who are eligible for trade readjustment allowances. Repeals the requirement that youths participating in qualified cooperative education programs be economically disadvantaged. Sets forth special rules for the treatment of reemployed individuals.
United States · United States Congress · 23 June 1982
States that the United States and the Soviet Union should begin the strategic arms reduction talks (START), which should have the following objectives: (1) pursuing a complete halt to the nuclear arms race; (2) deciding when and how to achieve and pursue a mutual and verifiable freeze on the testing, production, and further deployment of nuclear warheads, missiles, and other delivery systems; (3) giving special attention to destabilizing weapons; (4) preserving present limitations and controls on current nuclear weapons and delivery systems; and (5) incorporating ongoing negotiations in Geneva on land-based intermediate-range nuclear missiles into the START negotiations. Declares that the United States shall try to reach a common position with the North Atlantic Treaty Organization allies on any agreement that would be inconsistent with existing U.S. commitments to those allies. Declares that the United States shall promptly approve the SALT II agreement if adequate verification capabilities are maintained.
United States · United States Congress · 17 June 1982
Expresses the sense of the Congress that the International Olympic Committee should officially recognize Jim Thorpe's achievements in the 1912 Olympics. Declares that the Committee should be asked to present Thorpe's medals and awards during the 1984 Olympics.
United States · United States Congress · 10 June 1982
Prohibition of Mandatory Retirement and Employment Rights Act of 1982 - Amends the Age Discrimination in Employment Act of 1967 to eliminate the upper age limitation of the class of persons to whom such Act applies.
United States · United States Congress · 10 June 1982
Amends the Internal Revenue Code to exclude from the gross income of an employee of an educational institution the value of lodging: (1) located on, or in the proximity of, a campus of such institution; and (2) furnished to the employee, his spouse, or any of his dependents by or on behalf of such institution.
United States · United States Congress · 9 June 1982
Expresses the sense of the House of Representatives that: (1) Medicare beneficiaries should not have to pay more out-of-pocket costs for health care under the Medicare program; and (2) any Medicare savings from budget cuts should not cause an increase in out-of-pocket Medicare expenses.
United States · United States Congress · 8 June 1982
Wilderness Protection Act of 1982 - Withdraws from disposition under all laws pertaining to oil, gas, mineral, and geothermal leasing: (1) wilderness areas; (2) lands recommended for wilderness designation, until Congress determines otherwise or until the lands concerned are recommended for other uses; (3) wilderness study areas, for the period of interim wilderness protection and management required by law; and (4) lands identified for further planning in Executive Communication 1504, 96th Congress, until one year after the final approval and implementation of an initial forest plan covering the further planning area. Exempts from the withdrawal pursuant to this Act: (1) national forest system land released to management for nonwilderness uses; (2) lands designated as congressional wilderness study areas in Colorado and New Mexico and certain lands within the River of No Return Wilderness in Idaho; (3) Bureau of Land Management wilderness study areas; and (4) lands designated as a conservation system unit under the Alaska National Interest Land Conservation Act. Permits activities compatible with the preservation of the wilderness environment for the purpose of inventorying energy, mineral, and other resource values in areas withdrawn by this Act. Requires the Secretary of the Interior to augment recurring surveys of mineral values of wilderness areas and to acquire information on the areas withdrawn by this Act by conducting nondestructive mineral inventories of such areas. Authorizes the President to recommend to Congress that minerals exploration, development, or extraction be permitted in specified areas withdrawn under this Act, if: (1) there is an urgent national need for the mineral activity; and (2) such need outweighs the public values of the wilderness lands involved and the potentially adverse environmental impacts likely to result. Makes such a recommendation effective only upon enactment of a joint resolution of approval by Congress.
United States · United States Congress · 8 June 1982
Expresses the sense of the Congress that: (1) nursing facility Medicare compliance surveys should be conducted at least annually; (2) Federal funds for such surveys should continue; (3) the Joint Commission on Accreditation of Hospitals should not have the authority to certify Medicare compliance; and (4) the proposed Department of Health and Human Services health care facilities certification regulations should not be adopted.
United States · United States Congress · 27 May 1982
Fair Trade in Steel Act of 1982 - Declares that it is congressional policy to allow access to the U.S. market for foreign-produced steel on an equitable basis in order to safeguard the national security, insure orderly trade, and alleviate U.S. balance-of-payments problems. Title I: Steel Tripartite Advisory Council - Directs the President to establish within the Executive Office of the President a Steel Tripartite Advisory Council. Requires the Council to advise the President and Congress on problems within the basic steel industry and to provide advice and recommendations on related domestic and international issues. Requires other Federal agencies to provide the Council with economic information upon request. Directs the Council to report to the President on the condition of the steel industry. Title II: Quantitative Restrictions on Imports of Certain Steel Products - Limits to 5,000,000 tons the amount of articles in all steel product categories that may be imported between July 1, 1982, and January 1, 1983. Imposes a further limitation on such imports if unemployment in the domestic steel industry reaches between ten percent and 15 percent for three consecutive months. Prohibits any steel imports if unemployment in the domestic industry for three consecutive months is over 15 percent. Limits the amount of steel imports in each calendar year after 1982 to 10,000,000 tons. Imposes further limitations on imports depending upon the level of unemployment in the domestic industry. Imposes additional limitations on imports during any year after 1982 of articles in any one steel product category. Imposes a per country limitation on imports during such years of articles: (1) in all steel product categories; and (2) within any one steel product category. Directs the Secretary of Commerce to apportion shares of the U.S. market to foreign countries on the basis of information provided by the Secretary of the Treasury. Declares that it is the goal of this title to ensure that the imports of articles in all steel product categories be equalized on a monthly basis throughout each calendar year. Directs the Secretary of Commerce to impose additional limitations on the imports from a country whose exports to the United States exceed a specified limit. Authorizes the President to reduce such restrictions imposed under this title if the President makes a specified determination and the Congress, after notification by the President, does not adopt a concurrent resolution disapproving such reduction. Title III: Quantitative Restrictions on Iron Ore Imports - Limits the amount of iron ore that may be imported: (1) between July 1, 1982, and December 31, 1982, to 7,000,000 tons; (2) during 1983 to 14,000,000 tons; and (3) during 1984 to 14,000,000 tons, unless the Secretary finds that there has been an increase in employment in the domestic iron ore industry. Provides for a ten percent increase in imports in 1984 for each ten percent increase in employment. Authorizes the Secretary to waive the restrictions on imports of iron ore in order to insure continued operation of domestic steelmaking plants. Requires that such waiver be made on a plant-by-plant basis and only if the Secretary makes a specified determination.
United States · United States Congress · 25 May 1982
Amends the Trade Act of 1974 to require the Secretary of Labor to determine that increased imports "contributed importantly to" (currently, substantially caused) worker separations and sales or production reductions in order to certify such workers as eligible for trade adjustment assistance. Directs the Secretary of Labor to approve job training assistance for workers adversely affected by imports (currently the Secretary is authorized to approve such training). Directs the Secretary to pay a daily supplemental assistance benefit to any worker who begins approved job training after enactment of this Act and who is not eligible for trade adjustment allowances. Provides for the reimbursement of persons who participated in a job training program between specified dates and who personally financed all or part of the tuition costs of such training. Increases the maximum job search and relocation allowances to $800. Authorizes any adversely affected worker to apply for a job search allowance, relocation allowance, or both if the worker: (1) was covered by an adjustment assistance certification issued between specified dates; and (2) as of the date of enactment of this Act is not eligible for either job search allowances or relocation allowances because of failure to file an application on time. Establishes an Adjustment Assistance Trust Fund in the Treasury. Authorizes appropriations to the Trust Fund, payable out of the general fund of the Treasury attributable to the collection of customs duties, to carry out provisions for adjustment assistance for workers. Amends the Federal-State Extended Unemployment Compensation Act of 1970 to amend the definition of "suitable work" for a worker who would be eligible for a trade readjustment allowance if the worker were not eligible for extended compensation.
United States · United States Congress · 25 May 1982
Veterans' Organizations Tax Reform Act - Amends the Internal Revenue Code to provide that an organization of war veterans shall not be exempt from taxation if a substantial part of its activities consists of carrying on propaganda, or otherwise attempting to influence legislation with respect to matters not related to veterans affairs. Defines "veterans affairs" as issues directly relating to: (1) programs and benefits for veterans and the surviving spouses and children of veterans; and (2) the armed forces of the United States and national defense.
United States · United States Congress · 19 May 1982
High Technology Trade Act of 1982 - Authorizes the President to enter into bilateral or multilateral agreements to obtain the maximum openness with respect to international trade in high technology and to strengthen the international trading system. Lists policies that may be included in such agreements. Authorizes the President to: (1) proclaim changes in tariffs on high technology products; and (2) use procedures contained in the Trade Act of 1974 to change U.S. laws in order to carry out such agreements. Directs the President to determine whether certain key countries are providing national treatment for U.S. exports of high technology products and U.S. investments in high technology industries. Directs the President to enter into consultations with countries that the President determines are not providing national treatment. Directs the President to consider taking other appropriate actions if such consultations are not effective. Directs the Secretary of Commerce, in consultation with the High Technology Industry Advisory Committee, to report annually to Congress on: (1) the extent to which a key country uses industrial policies or measures which significantly distort international trade or investment and which have or may have a substantial adverse effect on the U.S. high technology industry; and (2) the steps which the President is taking or proposes to take to remedy such adverse effects. Sets forth the scope of the analysis to be included in such report. Directs the President to take whatever steps are necessary to eliminate or offset the adverse effects of foreign industrial practices that: (1) significantly distort international trade or investment harmful to the U.S. high technology industry; or (2) may result in sales of articles at less than fair market value in the United States or subsidization of articles imported into the United States and cause, or threaten to cause, material injury to any U.S. high technology industry. Directs the Secretary to establish a mechanism to analyze high technology trade and investment patterns in key countries, to evaluate competitive opportunities offered in foreign markets, and to further the objectives of this Act. Directs the United States Trade Representative (USTR) and the Secretary, after consultation with the High Technology Industry Advisory Committee, to report annually to the President on the foreign trade practices which: (1) violate U.S. international agreements; or (2) are unjustifiable and a burden on U.S. high technology products, services, or investments. Directs the President to consider what action may be taken to reduce or eliminate such measures. Directs the Secretary and the USTR to establish a High Technology Industry Advisory Committee and to consult with the Committee on actions under this Act relating to: (1) preparing negotiating positions; (2) concluding agreements; (3) imposing restrictions; or (4) monitoring the results of any such agreement or restriction. Defines terms used in this Act. Amends the Trade Act of 1974 to authorize the President to impose import restrictions on foreign direct investments in the United States if the President determines such action is appropriate to enforce U.S. rights under trade agreements or to respond to certain foreign trade practices. Requires the USTR to provide for certain consultations before recommending such restrictions to the President.
United States · United States Congress · 11 May 1982
Permits any parcel of food, medicine, or clothing weighing not more than 22 pounds to be mailed for free from the United States to Poland, if it may be opened by the Postal Service for inspection. Authorizes appropriations. Authorizes such mailing privilege for a period of two years.
United States · United States Congress · 11 May 1982
Expresses the sense of the House of Representatives that reducing unemployment should be given a higher priority in determining U.S. fiscal and monetary policy.
United States · United States Congress · 6 May 1982
Amends the Federal criminal code to penalize any person who resells a ticket for admission to an exhibit or event at a price that is more than 25 percent or three dollars over the authorized face value.
United States · United States Congress · 4 May 1982
Net Worth Guarantee Act - Amends the Federal Deposit Insurance Act, the National Housing Act, and the Federal Credit Union Act to permit the Federal Deposit Insurance Corporation, the Federal Home Loan Bank Board and the National Credit Union Administration Board to guarantee the net worth of qualified insured institutions. Requires that, to qualify for a guarantee, an institution's net worth be less than two percent of its assets, that it have losses in at least two consecutive quarters, and that at least 20 percent of its loans and investments be in mortgages secured by or securities backed by residential real estate. Requires that an institution use at least 60 percent of its annual net new deposits to issue mortgages which meet specified criteria. Sets forth a formula for determining the amount of any such guarantee. Permits additional guarantees of net worth after a two year period if the certified continued earnings losses are caused by general market conditions and not by the actions of the institution. Requires a qualified institution, when its net worth reaches three percent of its assets, to begin to reduce the amount of guarantees received. Declares that the total annual reduction of guarantees of net worth received by such institution shall not be less than 50 percent of the net income, after taxes, of such bank for the year involved. Declares that outstanding guarantees of net worth provided by the Corporation shall be backed by the Net Worth Guarantee Account established by this Act. Establishes in the Treasury of the United States a Net Worth Guarantee Account which shall be used for the required payment of any guarantee of net worth issued pursuant to this Act. Limits the total amount of guarantees of net worth issued under this Act at any time to $8,500,000,000. Declares that no guarantee of net worth may be issued after Deptember 30, 1984. Requires the Federal Home Loan Bank Board, the Board of Directors of the Federal Deposit Insurance Corporation, and the National Credit Union Administration Board to make quarterly reports to each House of Congress specifying the types and amounts of guarantees of net worth provided to each depository institution and the conditions imposed on each such institution. Requires the Comptroller General to conduct semiannual audits of each guarantee of net worth and of the Net Worth Guarantee Account and transmit such report to Congress.
United States · United States Congress · 4 May 1982
Tax Equity Act of 1982 - Title I: Provisions Primarily Affecting Individuals - Amends the Internal Revenue Code to repeal the 1982 and 1983 tax tables for individuals. Directs the Secretary of the Treasury to prescribe tax tables with a maximum reduction of the tax liability of $700 in 1982 and $1,400 in 1983. Amends the Ecnomic Recovery Tax Act of 1981 to delay the repeal of the maximum tax on personal service income and the reduction in the alternative minimum tax, and the personal holding company tax until 1984. Reinstates the 28 percent maximum tax rate on capital gains, effective 1982. Repeals provisions for the indexation of individual income tax rates and of deductions for personal exemptions. Reduces the deduction for net capital gain from 60 to 50 percent. Provides for a corresponding reduction of the charitable deduction for contributions of capital gain property. Title II: Provisions Primarily Affecting Business- Subtitle A - Lower Corporate Income Tax Rates Only Apply to Small Corporations - Imposes a surtax on corporations of 19.25 percent of the amount by which taxable income exceeds $100,000 but does not exceed $200,000. Subtitle B - Repeal of Special Leasing Rules - Terminates special rules which allow sale and lease back arrangements of depreciable property between corporations after February 19, 1982. Allows such arrangements in the case of qualified mass commuting vehicles. Subtitle C - Credits - Reduces the regular percentage of the investment tax credit from ten to seven percent. Specifies that such reduction shall not apply to property constructed or acquired under a contract binding on the taxpayer after a specified period. Repeals the foreign tax credit for taxes paid to any foreign countries or to U.S. possesisons. Subtitle D - Provisions Relating to Oil and Gas - Repeals provisions regarding the windfall profit tax which: (1) exempt royalty oil for 1982 and thereafter; (2) reduce the tax imposed on newly discovered oil; and (3) exempt independent producer stripper well oil. Repeals the option to expense intangible drilling and development costs in the case of oil, gas, and geothermal wells. Repeals the percentage depletion allowance for such wells. Subltitle E - Treatment of Foreign Income - Repeals the tax exemption for domestic international sales corporations after 1982. Requires the inclusion in gross income of a U.S. shareholder's pro rata share of the undistributed earnings and profits of a controlled foreign corporation. Title III: Estate and Gift Tax Provisions - Revises the carryover basis rules for property acquired from a decedent by restoring prior law which provided that beneficiaries receiving property from a decedent's estate retain the decedent's basis in the property. Repeals the increase in the unified credit against the estate and gift taxes and the reduction in the maximum rates of estate and gift tax which were enacted by the Economic Recovery Tax Act of 1981. Limits the estate tax exclusion of annuities under certain trusts and plans to $500,000.
United States · United States Congress · 27 April 1982
Directs the Secretary of Transportation to make grants to States which adopt and implement programs to reduce traffic safety problems resulting from persons driving while under the influence of alcohol. Limits the receipt of such grants to three fiscal years and sets forth the Federal share payable for each successive year. Requires the Secretary to establish criteria for the grants based on areas of consideration provided under this Act. Authorizes appropriations from the Highway Trust Fund for fiscal years 1983 through 1985. Directs the Secretary to issue regulations to implement such traffic safety programs after a period for public comment. Sets the effective date of such regulations, unless they are disapproved by either House of Congress.
United States · United States Congress · 20 April 1982
Amends the Credit Control Act to repeal the provision of such Act which would terminate credit control authority on June 30, 1982. Permits the President to authorize the Board of Governors of the Federal Reserve System to regulate and control any or all extensions of credit whenever necessary or appropriate to reduce high levels of unemployment in any sector of the economy, or to prevent or control inflation or recession. Permits the Board, after receiving such Presidential authorization, to prescribe limitations with respect to credit for nonproductive purposes.
United States · United States Congress · 20 April 1982
Tax Rate Equity Act of 1982 - Amends the Internal Revenue Code to repeal the 1982 and 1983 tax tables for individuals. Directs the Secretary of the Treasury to prescribe tax tables with a maximum reduction of the tax liability of $700 in 1982 and $1,400 in 1983. Amends the Economic Recovery Tax Act of 1981 to delay the repeal of the maximum tax on personal service income and the reduction in the alternative minimum tax, and the personal holding company tax until 1984. Reinstates the 28 percent maximum tax rate on capital gains, effective 1982.
United States · United States Congress · 20 April 1982
Amends the Internal Revenue Code to allow a refundable income tax credit for a percentage of the cost of purchasing and installing fire and gas detectors.
United States · United States Congress · 20 April 1982
Expresses the sense of the House of Representatives that neither the President nor Congress should impose import fees on crude oil or refined petroleum products.
United States · United States Congress · 20 April 1982
Expresses the sense of the Congress that the President should: (1) consider appointing a high level official as the President's personal representative in seeking a solution to the Cyprus conflict; (2) call upon Turkey to withdraw from Cyprus; (3) pursue every appropriate avenue to persuade the United Nations to seek a prompt resolution to this conflict; and (4) consider placing this issue before the appropriate North Atlantic Treaty Organization body for assistance and resolution.
United States · United States Congress · 6 April 1982
Amends the Federal Reserve Act to increase from seven to 12 the number of members of the Board of Governors of the Federal Reserve System. Requires the President in selecting the members of the Board to: (1) appoint at least one member each to represent the respective interests of small business, organized labor, agriculture, and small financial institutions; and (2) have due regard for a fair representation of the financial, industrial, and commercial interests of the country in appointing the other members of the Board. Directs the President, upon the expiration of the term of any appointive Board member, to fix the successor's term at not to exceed 12 years. Prescribes the manner of staggering term expirations. Directs the President, during 1982, to appoint five additional members to the Board for specified terms. Requires such members to be representatives of small business, organized labor, agricultural interests, and small financial institutions. Declares that the person appointed to replace the number of the Board whose term expires in 1982 shall be appointed for a term of 11 years.
United States · United States Congress · 5 April 1982
Amends the Airline Deregulation Act of 1978 with respect to the employee protection program by eliminating provisions which make payments under such program subject to amounts provided in appropriation Acts. Requires that monthly assistance payments be equal to the average of such amounts provided in the previous year. Grants protected employees who were furloughed or terminated by air carriers certified under the Federal Aviation Act of 1958 prior to enactment of this Act the first right of hire on a regional basis by any other such air carrier. Provides that flight deck operating crew members shall not retain rights of seniority or recall with the air carrier from which they were furloughed or terminated. Requires the Secretary of Transportation to periodically publish the comprehensive list of available jobs with certified air carriers on a regional basis. Terminates the Airline Employees Protective Account. Authorizes annual appropriations as may be necessary to carry out the employee protection program. Requires the Secretary of Labor to certify that employee protection agreements meet certain standards. Grants the United States district courts jurisdiction of actions to enforce duties under such agreements.
United States · United States Congress · 1 April 1982
Amends the Internal Revenue Code to set forth special temporary rules for the taxation of life insurance companies for 1982 and 1983. Revises provisions relating to policies reinsured under modified coinsurance contracts. Specifies that prescribed policy and other contract liability requirements shall not include interest payable after enactment of this Act by a reinsured to a reinsurer in connection with a coinsurance contract. Revises the method of computing the tax deductions for: (1) dividends to policyholders; (2) certain nonparticipating contracts; and (3) certain accident, health insurance, and group life insurance plans. Revises the method of determining adjusted life insurance reserves. Revises the method of computing the policyholder's share of investment yield, life insurance company taxable income, and net capital gain for companies filing consolidated returns. Specifies that the above method shall not apply to certain contract computations in effect before 1982. States that the determination for taxable years before 1982 as to whether a contract is a coinsurance contract shall be made solely by reference to the terms of the contract.
United States · United States Congress · 1 April 1982
Expresses the sense of the House of Representatives that: (1) the Secretary of the Interior should refrain from issuing mineral leases in wilderness areas and lands under formal consideration for wilderness designation; (2) any Federal official who proposes to issue a mineral lease in such an area should provide prior notice to Congress in order to allow congressional prohibition of such lease; (3) additions to the Wilderness System should proceed expeditiously but without arbitrary deadlines; (4) lands under formal consideration for wilderness designation should be managed to preserve their wilderness character; and (5) Federal land management agencies should consider wilderness values in making land management decisions and recommendations.
United States · United States Congress · 31 March 1982
Establishes the Reconstruction Finance Corporation. Sets forth the general powers of the Corporation and the make-up of its board of directors. States that the Corporation shall have a capital stock of $5,000,000,000 to be appropriated from the Treasury of the United States. Grants the Corporation the power to issue obligations, within the authorized indebtedness prescribed by this Act. Grants the Corporation the power to issue obligations to renew, refund, or pay other obligations whether or not the obligations to be renewed, refunded, or paid have matured. Limits the outstanding aggregate principal amount of such obligations to no more than five times the paid-in capital of the Corporation. Prohibits any Federal agency or department or federally owned entity from purchasing any of the loans made, guaranteed, or committed to be guaranteed under this Act. Exempts obligations of the Corporation from all taxation (except estate, inheritance, and gift taxes) imposed by any State, local governmental unit, or other local taxing authority. Permits the Corporation to request the Secretary of the Treasury to guarantee its obligations with the full faith and credit of the United States. Exempts the Corporation, its franchise, capital, reserves, surplus, income, and tangible and intangible property from all taxation, with specified exceptions. Permits the Corporation to provide financial assistance to an eligible business enterprise for: (1) financial distress; or (2) modernization or expansion that would have a significant beneficial impact on employment opportunities and productivity; (3) domestic industries competing with certain foreign industries; or (4) domestic firms which have substantial problems meeting government imposed costs. Sets forth the standards and conditions for eligibility for financial assistance. Authorizes the Corporation to lend to, and to guarantee any private loans to, a business enterprise. Authorizes the Board to inspect and copy all documents of the applicant relating to its financial affairs and to have access to all facilities and properties of the applicant. Terminates the Corporation 30 years after the effective date of this Act. Prohibits the Corporation from making any commitment to provide new or increased financial assistance to any applicant more than six years after the effective date of this Act unless such date is extended by Congress. Authorizes appropriations.
United States · United States Congress · 31 March 1982
Amends rule X of the Rules of the House of Representatives to establish the Select Committee on Children, Youth, and Families to conduct a comprehensive study on their problems and to develop policies to coordinate governmental and private programs to address such problems. Provides that the committee shall not have legislative jurisdiction and shall terminate at the close of the Ninety-ninth Congress.
United States · United States Congress · 29 March 1982
Authorizes the President to designate April 4, 1982, as the National Day of Reflection. Notes that such date coincides with the 80th birthday of Rabbi Menachem Mendel Schneerson, head of the Lubavitch movement.
United States · United States Congress · 29 March 1982
Expresses the sense of Congress that no cuts should be made in the cost of living adjustments under title II (Old Age, Survivors and Disability Insurance) of the Social Security Act.
United States · United States Congress · 24 March 1982
Amends the Internal Revenue Code to revise requirements for the tax exclusion of interest on mortgage subsidy bonds. Revises the arbitrage requirements for tax-exempt bonds to increase the amount by which interest rates on such bonds may exceed the interest rates on mortgages financed with such bonds. Increases the amount by which the acquisition cost of bond-financed residences may exceed the average area purchase price of other homes in the same statistical area. Revises the new homeowner requirements to allow eligibility for bond-financed mortgages for persons who are residing in substandard housing or who have lost their homes because of natural disasters or governmental action.
![Official portrait of Rep. Guarini, Frank J. [D-NJ-14]](https://www.congress.gov/img/member/g000511_200.jpg)