United States · United States Congress · 11 August 1982
Amends the Internal Revenue Code to revise requirements for the deduction of expenses incurred in attending a convention, seminar, or other meeting held on a domestic cruise ship and to extend eligibility for such deduction to a foreign cruise ship in specified Caribbean Basin countries. Permits the President to disqualify countries under certain conditions.
United States · United States Congress · 11 August 1982
Balanced Monetary Policy 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 yearly targets for long-term interest rates, and for money and credit aggregates. Requires the Board and the Federal Open Market Committee to take necessary actions to assure that such targets are achieved, on average, on an annual 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. Requires the President to state for the System's record the administration's position on each vote on monetary policy taken by the Board and by the Federal Open Market Committee.
United States · United States Congress · 3 August 1982
National Nursing Home Standards Act of 1982 - Directs the Secretary of Health and Human Services to establish a National Commission on the Regulation of Nursing Homes. Provides for a moratorium on deregulation of skilled nursing and intermediate care facilities until September 30, 1984.
United States · United States Congress · 2 August 1982
Constitutional Amendment - Prohibits any bill for borrowing money on the credit of the United States or for raising revenue from being presented to the President, except in time of war, unless three fifths of the House of Representatives and the Senate have passed it.
United States · United States Congress · 2 August 1982
Constitutional Amendment - Prohibits any bill for borrowing money on the credit of the United States or for raising revenue from being presented to the President, except in time of war, unless three fifths of the House of Representatives and the Senate have passed it.
United States · United States Congress · 29 July 1982
Constitutional Amendment - Prohibits any bill for borrowing money on the credit of the United States from being presented to the President, except in time of war, unless three fifths of the House of Representatives and the Senate have passed it.
United States · United States Congress · 21 July 1982
Farm Crisis Act of 1982 - Title I: Paid Diversion and Conservation Program for 1983 Crop of Wheat and Feed Grains - Amends the Agricultural Act of 1949 to establish 1983 wheat price support levels at not less than $3.80 per bushel. Provides for a combined acreage limitation or set-aside and diversion program for such crop. Requires wheat producers to comply with such combined program in order to receive price supports. Bases 1983 through 1985 wheat and feed grain acreage bases upon the respective 1982 bases adjusted to reflect established crop-rotation practices and other factors as the Secretary of Agriculture determines. Requires the Secretary to make retirement and conservation payments to 1983 wheat and feed grain crop producers who participate in the acreage limitation or set-aside program. Sets 1983 corn support levels (upon which feed grain levels are based) at not less than $2.71 per bushel. Provides for a combined acreage limitation or set-aside and diversion program for such crop if the Secretary determines that the 1982 corn crop will exceed a specified number of bushels. Title II: Farm Storage Facility Loan Program - Amends the Commodity Credit Corporation Charter Act to require the Commodity Credit Corporation (CCC) to guarantee grain storage facility loans to growers for up to 90 percent of each loan, and an aggregate annual amount of not more than $250,000,000 of principle and interest. Title III: Barter of Wheat, Feed Grains, Upland Cotton, and Rice for Strategic and Critical Materials and Petroleum Products - Requires (currently authorizes) the CCC to barter wheat, feed grains, cotton, and rice for strategic and critical materials from abroad. Bases reimbursement upon the Administrator of General Services' estimate rather than the Secretary of the Treasury's. Requires the CCC to barter such commodities for petroleum products for the Strategic Petroleum Reserve when U.S. stocks fall below specified levels. Requires with regard to such petroleum products that the CCC: (1) transfer them to the Reserve without reimbursement; and (2) use normal trade channels to make the exchanges. Title IV: Emergency Agricultural Credit - Amends the Emergency Agricultural Credit Adjustment Act of 1978 to make the emergency agricultural credit program mandatory. Reduces personal outstanding debt limits on: (1) loans under such Act from $400,000 to $200,000; and (2) loans under such Act and under the Consolidated Farm and Rural Development Act from $650,000 to $450,000. Extends new loan authority through FY 1983. Title V: Agricultural Exports - Expresses the sense of Congress that: (1) for FY 1983, at least $1,000,000,000 be appropriated for the agricultural export credit revolving fund under the Food For Peace Act of 1966; and (2) the Secretary of Agriculture should initiate negotiations with the Soviet Union for a multiyear grain sale agreement. Title VI: White House Conference on Agriculture - Requests the President to convene a White House Conference on Agriculture within one year. Requires a report to the President and the Congress.
United States · United States Congress · 20 July 1982
Amends the Internal Revenue Code with respect to deductions for ordinary and necessary business expenses to provide a special rule for construction workers' travel and transportation expenses. Provides that a job at a site located more than 30 miles from a worker's residence: (1) shall be deemed to be temporary for the first two years of employment at that site; and (2) shall be deemed to be temporary or not temporary after the first two years based on an examination of all the facts and circumstances. Provides that no deduction shall be disallowed solely because a construction worker's employment at a job site is of indefinite duration. Prohibits the application of the "one-year" rule as set forth in Revenue Ruling 59-371. Defines "construction worker," for purposes of this Act, as any individual employed as a skilled, semiskilled, or unskilled laborer in the building or construction industry.
United States · United States Congress · 15 July 1982
Residential Mortgage Investment Act of 1982 - Permits employee benefit plans, as defined under this Act, to engage in any qualified mortgage transaction involving any qualified residential mortgage loan, provided transactions between all parties are at arm's length. Permits such plans to participate in any mortgage pool, provided such pool conforms to specified requirements with regard to permitted investments. Authorizes the Secretary of the Treasury to prescribe regulations to carry out this Act. Provides that this Act shall supersede any and all contrary provisions of State law, the Employee Retirement Income Security Act of 1974, and the Internal Revenue Code. Prohibits the imposition of Federal excise tax on a plan or pool that engages in a transaction described under this Act.
United States · United States Congress · 15 July 1982
Expresses the support of the Congress for beginning strategic arms reductions talks. Urges the Soviet Union to join with the United States in concluding an equitable and verifiable agreement which freezes strategic nuclear forces at equal and substantially reduced levels. Reaffirms congressional support for the position that the United States should not enter into an arms agreement which provides for force levels inferior to those of the Soviet Union. Declares that the United States should propose practical measures to: (1) reduce the danger of accidental nuclear war; (2) prevent the use of nuclear weapons by third parties, including terrorists; and (3) halt the worldwide proliferation of nuclear weapons. Insists that any arms control agreement must be fully verifiable.
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 · 2 June 1982
Military Widows and Surviving Children Benefits Restoration Act -- Directs the Secretary of the military department concerned to make monthly payments equivalent to the child's insurance benefit under the Social Security Act before enactment of the Omnibus Budget Reconciliation Act of 1981 to certain children between the ages of 18 and 22 attending institutions of higher learning. Limits eligibility for such payments to children of veterans who died on active duty or from a service-connected disability. Directs the Secretary to make a lump-sum payment to persons who would have been entitled to such payments one month before the effective date of this Act. Directs the Secretary of the military department concerned to make monthly payments to the surviving spouse of such a veteran in the amount such spouse would have received under the Social Security Act were she caring for a child under 16 (when such child is actually between 16 and 18 years of age). Directs the Secretary to make a lump-sum payment to persons who would have been entitled to such payments one month before the effective date of this Act. Directs the Secretary concerned to notify each member of the armed forces that their dependents will be ineligible for such benefits should the member die after the applicable date, in no case later than August 13, 1983. Directs the Secretary of Health and Human Services to provide the Secretary concerned with information necessary to carry out this Act.
United States · United States Congress · 25 May 1982
Amends the Internal Revenue Code to allow non-itemizing taxpayers to deduct expenses paid for tax return preparation services. Limits such deduction to $25 per taxable year.
United States · United States Congress · 6 May 1982
Independent Contractor Tax Classification and Compliance Act of 1982 - Amends the Internal Revenue Code to specify standards for determining whether certain individuals qualify as independent contractors for purposes of the tax on employment income. Treats an individual as an independent contractor if such individual: (1) controls the total number and scheduling of his work hours; (2) has no principal place of business provided rent-free by the service-recipient; (3) has substantial investment in his business (excluding vehicles) and earns income based upon sales or output rather than upon number of hours worked; and (4) performs services under a written contract and is provided written notice of his responsibilities with respect to income and self-employment taxes. Provides that the criteria established by this Act shall not be applicable to agent-drivers, commission-drivers, full-time life insurance salesmen, home workers, and traveling or city salesmen who are statutorily designated as employees for purposes of social security taxation. Sets forth special rules for: (1) contracts entered into before January 1, 1983; and (2) determining control of scheduling work hours. Provides that the failure of an individual claiming independent contractor status to meet the criteria established by this Act shall not create an inference that such an individual is an employee or that the recipient of his service is an employer. Limits the applicability of the criteria established by this Act to questions of employment status arising under the Federal Insurance Contributions Act, the Federal Unemployment Tax Act, self-employment tax provisions, and withholding requirements under the Internal Revenue Code. Requires a recipient of an independent contractor's services to file an information return disclosing payments made to such individual in excess of $600 per year. Requires persons who sell over $5,000 in consumer products to buyers on a buy-sell, deposit-commission, or similar basis to file a similar return. Permits an election to file such returns in certain circumstances. Requires individuals who file such information returns to furnish to persons with respect to whom such information is reported written statements which indicate the amount of payment reported. Provides penalties for failure to furnish information returns or statements. Requires the payment of a surcharge for multiple violations. Requires the withholding of tax on certain persons where the identifying number is incorrect or missing on any return filed by a service-recipient. Sets forth effective dates and transitional rules for provisions of this Act.
United States · United States Congress · 5 May 1982
Farm Crisis Act of 1982 - Title I: Land Diversion Payments for 1982 Crops of Wheat, Feed Grains, Cotton, and Rice - Directs the Secretary of Agriculture to set 1982 land diversion levels at: (1) $2.00 per bushel for wheat; (2) $1.25 per bushel for corn; (3) $.20 per pound for upland cotton; and (4) $2.20 per hundredweight for rice. Permits 1982 participants to divert an additional five percent of their acreage. Extends the application period through the end of the certification period. Title II: Acreage Limitation and Cropland Conservation Programs for 1983 through 1985 Crops - Directs the Secretary to proclaim a national cropland conservation program for 1983 through 1985 crop years. Provides that: (1) such program shall be approved or disapproved by a producer referendum; (2) participants will set aside 15 percent of their acreage for conservation purposes; (3) noncompliance shall result in a three-year denial of specified farm benefits; and (4) loan rates shall increase by ten percent when such program is in effect. Requires the Secretary to establish a voluntary set-aside program (based on specified carry-over levels) for 1983 through 1985 wheat, feed grain, and upland cotton crops if cropland conservation programs are disapproved. Makes conforming amendments. Title III: Farm Storage Facility Loan Program - Amends the Commodity Credit Corporation Charter Act to direct the Commodity Credit Corporation (CCC) to guarantee up to $250,000,000 annually (not more than 90 percent of any one loan to be guaranteed) for grower-harvested grain storage facility loans. Title IV: Barter of Agricultural Commodities for Strategic and Critical Materials and Petroleum Products - Authorizes the CCC to exchange agricultural products for oil for the Strategic Petroleum Reserve. Requires the Secretary to report to Congress regarding CCC foreign products bartering. Title V: Emergency Agricultural Credit - Amends the Emergency Agricultural Credit Adjustment Act of 1978 to make the economic emergency loan program mandatory. Extends such program through FY 1983. Lowers the limit on individual loans: (1) under such Act; and (2) under such Act and the Consolidated Farm and Rural Development Act combined. Title VI: Agricultural Exports - Expresses the sense of the Congress that: (1) $1,000,000,000 should be made available to the Agricultural Export Credit Revolving Fund; and (2) the Secretary should conclude a grain agreement with the Soviet Union. Title VII: White House Conference on Agriculture - Expresses the sense of the Congress that the President should convene a White House Conference on Agriculture within one year. Requires a Conference report to the President and Congress.
United States · United States Congress · 29 April 1982
Expresses the sense of the Congress that if Israel is illegally denied its right to participate in the United Nations General Assembly or in any specialized agency of the United Nations the United States should: (1) suspend its participation in the General Assembly or specialized agency; and (2) withhold its assessed contribution to the United Nations or specialized agency until the illegal action is reversed.
United States · United States Congress · 21 April 1982
Prohibits the Government from imposing export restrictions on agricultural commodities which interfere with valid export contracts if: (1) the contracts were entered into before the imposition of such restrictions; and (2) the contracts provide for the delivery of such commodities for export within 180 days of the date the restrictions were imposed.
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 · 22 March 1982
Amends title XVI (Supplemental Security Income) of the Social Security Act to exclude burial plots and burial insurance policies from the determination of an SSI applicant's resources.
United States · United States Congress · 22 March 1982
Permits a reserve commissioned officer on active duty who is promoted to a higher reserve grade to continue to serve on active duty in such higher grade.
United States · United States Congress · 17 March 1982
Directs the Secretary of the Treasury to study and report to specified congressional committees on the advisability of replacing the Federal individual income tax or such income tax and the Federal corporate income tax with a simplified income tax on gross income.
United States · United States Congress · 15 March 1982
Declares that if Israel or any other democratic state is denied its rights and privileges in the United Nations General Assembly the United States will suspend its participation in the General Assembly and will withhold its contribution to the United Nations until the action is reversed.
United States · United States Congress · 4 March 1982
Denies entitlement to dependency and indemnity payments to the children over 18 (unless disabled) of not fully insured veterans whose deaths occurred in-service or were service-related. Directs the Administrator of Veterans' Affairs to make a lump sum payment to an eligible survivor for retroactive benefits after August 1981.
United States · United States Congress · 1 March 1982
Comprehensive Smoking Prevention Education Act of 1982 - Amends title XVII (Health Information and Health Promotion) of the Public Health Service Act to establish in the Department of Health and Human Services an Office of Smoking and Health to inform the public of the health hazards of cigarettes. Sets forth the Office's authority and duties, including conducting research and assisting educational programs directly or through grants. Establishes an Interagency Committee on Smoking and Health to be composed of representatives from the Departments of Labor and Education, the Federal Trade Commission, and any other Federal agency designated by the Secretary of Health and Human Services. Directs such Committee to meet at least four times a year and names the Director of the Office of Smoking and Health as chairman. Directs the Secretary of Health and Human Services to report annually to the Congress. Amends the Federal Cigarette Labeling and Advertising Act to make it unlawful to advertise or export cigarettes without the required labeling (repeals the existing export exemption). Makes it unlawful to manufacture, package, import, or export cigarettes containing any chemical substances without the label so stating. Directs the Federal Trade Commission (FTC) to establish a cigarette labeling system under which each brand of cigarettes shall bear a different specified health warning each year of a seven-year cycle. Eliminates certain congressional notification and reporting requirements. Increases the fine for violation of such Act from $10,000 to $100,000. Permits individual civil actions to be brought in U.S. district courts for violations of such Act. Requires a plaintiff to give 60-day notice to the FTC and the defendant. Permits intervention and consolidation. Allows the court to award attorneys fees and other costs.
United States · United States Congress · 24 February 1982
Trade and Investment Equity Act of 1982- Amends the Trade Act of 1974 to include restrictions on direct investments by U.S. citizens or nationals among the discriminatory foreign trade practices that trigger a U.S. response. Requires U.S. action if the President determines such action is appropriate to respond to a foreign trade practice that denies the United States commercial opportunities substantially equivalent to those offered by the United States. Authorizes the President, upon making such a determination, to: (1) change Government procurement policies to provide for procurement from nations that provide substantially equivalent commercial opportunities to comparable U.S. producers; or (2) propose legislation that would impose equivalent restrictions within the United States on countries that do not provide such opportunities. Authorizes the President to negotiate agreements to eliminate discriminatory barriers on foreign direct investment by U.S. citizens or nationals. Imposes specified conditions and limitations on Presidential action to enforce U.S. rights under trade agreements and to respond to foreign trade practices. Authorizes the President to take action: (1) on a nondiscriminatory basis or solely against the products, services, or investment of the foreign entity involved; and (2) against products, services, or investments other than those involved in the investigation. Directs the President to take into account: (1) U.S. trade agreement obligations; and (2) the impact of the action taken on the U.S. economy. Directs the President to review at least biennially each such trade action. Directs the President to rescind an enforcement action within 30 days after: (1) the offending practice is eliminated; or (2) it is determined that continuing the action is not in the national interest. Authorizes the House Ways and Means Committee or the Senate Finance Committee to file a resolution with the U.S. Trade Representative (USTR) requesting the President to take action to enforce U.S. trade rights or to respond to discriminatory trade practices. Directs the USTR to recommend possible Presidential actions concerning specified trade agreements within one year of the start of the dispute settlement procedure. (Current law requires such recommendations within 30 days of the end of the dispute settlement procedure.) Requires the USTR to consult with the U.S. International Trade Commission on the probable impact on the U.S. economy of taking action with respect to such product, service, or direct investment. Authorizes the President to negotiate international agreements on restrictions on foreign direct investment. Directs the President to take such action as may be necessary to extend the General Agreement on Tariffs and Trade to cover trade in services and direct investment. Directs the USTR to report biennially to the Senate Finance Committee and the House Ways and Means Committee on the principle trade barriers of any major trading country.
United States · United States Congress · 8 February 1982
Declares that any action by the United Nations to prevent a democratic state from exercising its rights to participate in the United Nations will seriously and harmfully affect congressional support for the United Nations.
United States · United States Congress · 11 December 1981
Amends title XVIII (Medicare) of the Social Security Act to permit an individual to elect hospice care, in lieu of certain other benefits, during two periods of 180 days each during the individual's lifetime. Provides for full reimbursement of reasonable costs to a hospice program, subject to a ceiling. Directs the Comptroller General to conduct a study of the hospice reimbursement method. Defines hospice care as including items and services furnished to the terminally ill in their homes, on an outpatient basis, and on a short term inpatient basis.
United States · United States Congress · 7 December 1981
Amends the Internal Revenue Code to increase the capital gains deduction from 60 to 70 percent. Reduces from one year to six months the holding period requirement for long-term capital gain treatment.
United States · United States Congress · 20 November 1981
Amends the Internal Revenue Code to revise the tax treatment of church annuity plans. Extends to clergy and church employees the same election of alternative exclusion allowances for contributions to annuity contracts which is currently available to employees of tax-exempt health and education organizations. Treats all years of employment by clergy and church employees as employment for one employer for purposes of the employee exclusion allowance for contributions to a church annuity plan. Establishes a minimum level of compensation for clergy and church employees for purposes of computing the exclusion allowance for contributions to a church annuity plan. Specifies that such minimum level shall not be less than twice the nonfarm income poverty level of a family of four as determined by the Secretary of the Treasury. Defines "annuity contracts", for purposes of the employee exclusion, to include those provided by a church or church pension board. Prohibits the application of the constructive receipts doctrine to the computation of annuity amounts. Permits clergy or church employees to contribute up to $10,000 to a church annuity plan without exceeding statutory limitations on contributions to such plans. Provides for cost of living adjustments to such amount.
United States · United States Congress · 5 November 1981
Expresses the sense of the Congress that no limitation should be placed on the Federal income tax deduction for interest paid on a residential mortgage.