United States · United States Congress · 26 February 1975
National Condominium Act - Provides for the designation of an Assistant Secretary for Condominiums under the Department of Housing and Urban Development Act to assist in the planning, development, construction, or operation of condominiums or the purchase of condominium units. Establishes minimum national standards for all condominium units the sale of which is financed with Federal assistance in any form, and encourages the States through a new program of Federal grants to establish such standards to protect both the residents of previously leased units to be converted and the potential purchasers of such units from undue hardships and unexpected economic expenses. States that any person who willfully violates any of the provisions of this Act shall be fined not less than $15,000 and be imprisoned for not less than two years.
United States · United States Congress · 25 February 1975
Declares ineligible for purposes of federally assisted student loans, under the Higher Education Act of 1965, any institution of higher education or vocational school which does not have a policy of refunding an appropriate portion of tuition and fees to a student who withdraws from a course of study during the academic year. Requires educational institutions to disclose such policies to their students before the payment of fees. Directs the Commissioner of Education to prescribe regulations for determining the appropriate portion of fees to be refunded and for determining whether institutions have complied with the provisions of this Act.
United States · United States Congress · 24 February 1975
Authorizes the voluntary withholding of Maryland, Virginia, and District of Columbia income taxes, pursuant to agreements subject to review by the Committee on House Administration of the House of Representatives, in the case of employees and members of the House of Representatives, and those employees under the jurisdiction of the Architect of the Capitol or the United States Botanical Garden.
United States · United States Congress · 21 February 1975
Prescription Drug Price Information Act - Requires drug retailers to post prominently a list of the prices of the one hundred prescription drug products that had the highest dollar volume of retail sales by such drug retailer. Enables any person, including States, to commence a civil action to obtain an injunction restraining any drug retailer from violating this Act. Prescribtion Drug Advertising Act - Directs the Federal Trade Commission, in cooperation with the Secretary of Health, Education, and Welfare and with the appropriate agency of any State, to establish programs and procedures to implement the advertising, at the discretion of vendors, of prescription drug prices, and to eliminate any legal impediments to such advertising. Defines as an unfair act or practice under the Federal Trade Commission Act the prohibition or burdening of advertising of prescription drug prices.
United States · United States Congress · 21 February 1975
Prescription Drug Labeling Act - Requires that in the labeling and advertising of drugs sold by prescription the "established name" of such drug must appear each time their proprietary name is used.
United States · United States Congress · 21 February 1975
Prescription Drug Patent Licensing Act - Requires that whenever the Federal Trade Commission, upon complaint made to it by a qualified applicant for a license under a drug patent, determines through an investigation and hearing that such application for license was not granted and that the price quoted to druggists by the patentee is more than 500 percent of the total cost of production, the Commission shall order such patentee to grant an unrestricted license to any qualified applicant to make, use, and sell such drug. States that the Commission may delay such order up to five years to provide a fair return on the patentee's invested capital. (Adds 35 U.S.C. 294)
United States · United States Congress · 21 February 1975
Prescription Drug Freshness Act - Requires that over-the-counter drugs whose effectiveness or potency becomes diminished after storage must be prominently labeled by the manufacturer as to the date beyond which the product shall not be used. Requires that similar prescription drugs be similarly labeled by the retailer dispensing the product.
United States · United States Congress · 20 February 1975
Authorizes appropriations of $5,000,000,000 for fiscal year 1976 for carrying out the programs authorized under the Comprehensive Employment and Training Act, including (1) comprehensive manpower services, (2) public employment programs, and (3) Job Corps.
United States · United States Congress · 20 February 1975
Expresses appreciation to Mr. Frank Wills on behalf of the People of the United States for his discovery and reporting of the Watergate break-in. Directs that every effort be made to assist him in obtaining employment in a position commensurate with his experience.
United States · United States Congress · 19 February 1975
Authorizes the Commissioner of Education to make incentive grants to the States to equalize the quality of elementary and secondary education among the local educational agencies within each State, in such areas as the State deems vital. States that a State is eligible to receive a grant under this Act only if the State educational agency provides assurance that: (1) the quality of education provided to a child within that State is not the result of the wealth of the school district of the local educational agency in which the child attends school, but reflects the wealth of the State as a whole; (2) amounts commensurate with their needs are expended on children with greater educational needs, including, but not limited to, educationally disadvantaged, gifted, talented, handicapped, and vocational education students; and (3) amounts commensurate with the education costs are expended in local educational agencies within the State with greater costs, including cost attributable to sparsity of population, high density of population, and high living costs. Authorizes appropriations to carry out the provisions of this Act for fiscal years 1976, 1977, and 1978.
United States · United States Congress · 6 February 1975
Public Disclosure of Lobbying Act-Defines "lobbying" and other terms used in this Act. Requires each lobbyist, within 15 days of becoming a lobbyist, to file a notice of representation with the Federal Edection Commission. Sets forth minimum elements to be contained in such notice. Enumerates those persons required to maintain records of lobbying activities. Sets forth the required form and content of reports to be made to the commission containing such records. Requires GS-15 and above employees of the executive branch to maintain records of communucations received from outside parties expressing opinions or containing information with respect to the policy making process. Directs each executive agency to make such records available for public inspection. Enumerates the powers of the Commission, including the powers: (1) to require any person to submit in writing such reports and answers to question as the Commission may prescribe: and (2) to initiate, prosecute, defend, or appeal any civil or criminal action in the name of the Commission for the purpose of enforcing the provisions of this Act through its General Counsel. Provides that it shall be the duty of the Commission to perform specified tasks, including; (1) to develop and furnish to lobbyists forms required to be filed under this Act: (2) to develop forms for the filing of records of outside contacts by executive branch employees; and (3) to prepare a manual setting forth recommended uniform methods of bookkeeping and reporting, filing coding, and cross-indexing. Sets forth criminal penalties for violation of this Act.
United States · United States Congress · 6 February 1975
Child and Family Service Act - Title I: Child and Family Service Programs - Provides that the Secretary shall take all necessary action to coordinate child and family service programs under his jurisdiction and that, to this end, he shall establish and maintain within the Office of the Secretary of the Department of Health, Education, and Welfare an Office of Child and Family Services administered by a Director appointed by the President with the advise and consent of the Senate. Provides that such office shall assume the responsibility of the Office of Child Development and shall be the principal agency of the Department for the administration of this Act. Establishes a Child and Family Services Coordinating Council, consisting of the Director of the Office of Child and Family Services (who shall serve as chairperson), and representatives from the Federal agencies administering the Social Security Act and the Elementary and Secondary Education Act of 1965 and from the appropriate Federal agencies. Requires the Department of Labor, and other appropriate agencies, to meet on a regular basis, as they may deem necessary, in order to assure coordination of child and family service activities under their respective jurisdictions so as to assure maximum use of available resources through the prevention of duplication of activities; and to structure the activities related to the purposes of this Act. States that funds available for this title may be used (in accordance with approved applications and plans) for planning and developing child and family service programs; establishing, maintaining, and operating child and family service programs, which may include: (1) part-day or full-day child care programs, which provide educational, health, nutritional, and social services directed toward enabling participating children to attain their maximum potential; (2) other health, social, recreational, and educational programs designed to meet the special needs of children and families including before- and after- school and summer programs; (3) school services, and education, and consultation for parents, other family members functioning in the capacity of parents, youth, and prospective and expectant parents who request assistance in meeting the needs of their children; (4) social services to help families determine the appropriateness of child and family services and the possibility of alternative plans; (5) prenatal, post partum and other medical care, including services to expectant mothers who cannot afford such services, designed to help reduce handicapping conditions among the newborn; (6) programs designed to meet the special needs of ethnic groups and to meet the needs of all children to understand the history and cultural backgrounds of ethnic groups and the role of members of such groups in the histroy and cultural development of the Nation and the region in which they reside; (7) food and nutritional services; (8) diagnosis, identification, and treatment, and special activities designed to ameliorate physiological, mental, psychological, and emotional barriers to full participation in child and family service programs; (9) programs designed to extend child and family service gains (particularly parent participation) into the kindergarten and early primary grades, in cooperation with local educational agencies; (10) other such services and activities as the Secretary deems appropriate in furtherance of the purposes of this Act; (11) rental, lease or lease-purchase, mortgage amortization payments, renovation, acquisition and maintenance of necessary equipment and supplies, and to the extent authorized by this Act, construction or acquisition of facilities, including mobile facilities; (12) preservice and inservice education and training for professional and paraprofessional personnel, including parents and volunteers, especially education and training for career development and advancement; (13) staff and other administrative expenses of child and family service councils and of project policy committees established and operated in accordance with the provisions of this Act; and (14) dissemination of information in the functional language of those to be served to assure that parents are well informed of child and family service programs available to them and may participate in such programs. Provides that a State, locality, or combination of localities may be designated by the Secretary as a prime sponsor for the purpose of entering into arrangements to carry out programs under this title. Enumerates the requirements which must be met by States and localities submitting prime sponsorship applications. States that each prime sponsor shall establish and maintain a Child and Family Service Council of specified composition. States that such Council shall be responsible for approving child and family service plans, basic goal, policies, procedures, overall budget policies and project funding, and the selection or establishment and annual renewal of an administering agency or agencies and will be responsible for annual and ongoing evaluation of child and family service programs according to criteria established by the Secretary. States that financial assistance under this title may be provided by the Secretary for fiscal year 1976 and any subsequent fiscal year to a prime sponsor only pursuant to a child and family service plan which is submitted by such prime sponsor and approved by the Secretary in accordance with the provisions of this title. Specifies the elements to be contained in such plans, and the procedure including opportunity for airing of views with respect to such plan, for approval or disapproval of the plan. States that funds may be provided by the prime sponsor for carrying out any program under such prime sponsor's comprehensive child and family service plan only to a qualified public or private agency or organization, including but not limited to an educational agency or institution, a community action agency, single-purpose Headstart agency, community development corporation, parent cooperative, organization of migrant agricultural workers, organization of Indians, organization interested in child care, employer or business organization, labor union, or employee or labor management organization, or by any other public or private agency whose project application is approved by the Child and Family Service Council of the prime sponsorship. Provides for special grants to States for necessary expenses incident to the operation of programs authorized by this Act in such States, and, in addition to the conditions which must be met for such grants, requires that grants for construction or acquisition of facilities may be made only if such construction or acquisition is essential to the provision of adequate child care services. Title II: Standards And Evaluations - Provides that, within six months after the enactment of this Act, the Secretary shall promulgate a common set of program standards which shall be applicable to all programs providing child care services under this or any other Federal Act, to be known as the Federal Standards for Child Care. Provides that the Secretary shall, within sixty days of the enactment of this Act, appoint a Special Committee on Federal Standards for Child Care to participate in the development of Federal Standards for child care and modifications thereof. Provides for the development of a minimum code for child and family service facilities to be addressed to the health, safety, and physical comfort of the children participating in such programs. Title III: Facilities and Research for Child and Family Services Programs - States that it is the purpose of this title to assist and encourage the provision of urgently needed facilities for child care and comprehensive child services programs. States that the Secretary of Health, Education, and Welfare is authorized to insure any mortgage (including advances on such mortgage during construction) in accordance with the provisions of this title upon such terms and conditions as he may prescribe and make commitments for insurance of such mortgage prior to the date of its execution or disbursement thereon. Provides that the mortgage shall be executed by a mortgagor approved by the Secretary, and that such mortgages shall involve in principal obligation of up to $250,000 and not to exceed 90 percent of the estimated replacement costs of properties or projects when the proposed improvements are completed. Creates a Child and Family Services Facility Insurance Fund which shall be used by the Secretary as a revolving fund for carrying out all the insurance provisions of this title, including mortgage insurance. Authorizes the Secretary to make grants, contracts, or other arrangements to carry out a program of research and demonstration projects, which shall include but not be limited to: (1) research to develop techniques to measure and evaluate child and family services, and to develop standards to evaluate professional and paraprofessional child and family service personnel; (2) research to test preschool programs emphasizing reading and reading readiness; (3) preventive medicine, techniques, and technology to improve the early diagnosis and treatment of diseases and learning disabilities of pre-school children; (4) research to test alternative methods of providing child and family service; (5) evaluation of research findings and the development of these findings and the effective application thereof; (6) dissemination and application of research and development efforts and demonstration projects to early childhood education programs; (7) production of informational systems and other resources necessary to support the activities authorized by this Act; (8) developing methods of determining the needs of individual children in particular areas such as education, nutrition, and medical services, so as to permit the modification of programs to fit the needs of individual children; and (9) a study of the need on a nationwide basis for child and family services programs and of the resources, including personnel, which are available to meet this need. Title IV: Training of Personnel for Child and Family Services - Authorizes the Secretary of Health, Education, and Welfare to make grants to or enter into contracts with institutions of higher education, State and local agencies, State and local educational agencies, private organizations and agencies engaged in teacher training, teacher training institutions, national child care organizations, and producers of television programing, for the purpose of establishing, developing, or upgrading early childhood personnel training programs to respond to the demonstrated need for child services personnel in the 1970's; and by stimulating the development of sufficient training and educational programs in every State and region of the United States to assure an adequate supply of personnel to meet staffing requirements. Authorizes appropriations for fiscal years 1976, 1977 and 1978 to carry out this title. Title V: General Provisions - Defines the terms used in this Act. Provides for nutrition services to be provided to child and family service programs under the National School Lunch Act of 1946 and the Child Nutrition Act of 1966.
United States · United States Congress · 5 February 1975
American Folklife Preservation Act - Creates an American Folklife Center in the Library of Congress. Provides that the center shall be subject to the supervision and direction of a board of trustees. Specifies the composition of the board, including: four members appointed by the President, eight members appointed by the Librarian of Congress, the Librarian of Congress and the director of the Center. Authorizes the Center to establish and implement a program of contracts, grants, revitalize and scholarships to preserve, protect, revitalize and disseminate American folklife traditions and arts. Provides that no payment shall be made pursuant to this Act to carry out any research or training over a period in excess of two years, with specified exceptions. Provides that no former employee of the Federal government shall be eligible to receive any grant or other assistance under this Act in the two year period following the termination of such employment. Requires the Center to submit to the Librarian of Congress, for inclusion in its annual report to the Congress, an annual report of its operations under this Act. Authorizes to be appropriated to the Center to carry out the provisions of this Act $167,750 for fiscal year 1976, $710,000 for fiscal year 1977, and $1,716,000 for fiscal year 1978.
United States · United States Congress · 4 February 1975
Expresses the sense of Congress that the provisions of the National School Lunch Act which require that the national average value of donated foods (or cash payments in lieu thereof), the special assistance factor for payments for free and reduced price lunches, and the national average rate for lunches and breakfasts served under the school lunch program and the school breakfast program shall reflect changes in the series of food away from home of the Consumer Price Index are necessary provisions of such Act which maintain the stability of the national school lunch and school breakfast programs in the current period of inflation.
United States · United States Congress · 3 February 1975
Authorizes the Secretary of the Interior to study the feasibility of a national park, recreation area, or wilderness area in the Ridgelands east of the San Francisco Bay in the State of California. Directs the Secretary to submit to the President and the Congress within one year a report of his findings and recommendations. Authorizes appropriations of such sums as are necessary to carry out the purposes of this Act.
United States · United States Congress · 3 February 1975
Comprehensive School Health Education Act - Declares that it is the purpose of this Act to encourage the provision of comprehensive programs in elementary and secondary schools with respect to health education and health problems by establishing a system of grants for teacher training, pilot and demonstration projects, and the development of comprehensive health education programs. Empowers the Commissioner of Education to make grants to State educational agencies and institutions of higher education for teacher training with respect to the provision of comprehensive health education programs in schools. Authorizes to be appropriated $10,000,000 for fiscal year 1976; $12,500,000 for fiscal year 1977; and $15,000,000 for fiscal year 1978, to carry out such grants. Authorizes the Commissioner to make grants to State and local educational agencies, institutions of higher education, and other public or private nonprofit education or research organizations to support pilot demonstration projects in elementary and secondary schools with respect to health education and health problems. Authorizes appropriations for such purposes. States that the Commissioner may make grants to State educational agencies for the development of comprehensive programs in elementary and secondary schools with respect to health education and health problems. Provides for the apportionment of funds appropriated for such purposes. Authorizes to be appropriated $50,000,000 for fiscal year 1977. Sets forth the requirements for receiving grants under this Act, including the application procedures. Directs the Commissioner, when requested, to render technical assistance to local educational agencies, public and private nonprofit organizations, and institutions of higher education in the development and implementation of education programs with respect to health and health problems.
United States · United States Congress · 3 February 1975
Provides that the charge imposed on any household for a coupon allotment under the Food Stamp Act after the date of this Act and prior to December 30, 1975, may not exceed the charge imposed on such household for coupon allotments under rules and regulations in effect on January 1, 1975.
United States · United States Congress · 3 February 1975
Prohibits the imposition by the President of any tariff, fee or quota upon petroleum imports under the Trade Expansion Act of 1962, unless the Congress first approves such imposition by concurrent resolution.
United States · United States Congress · 30 January 1975
Provides that the charge to a household for its food stamp allotment under the Food Stamp Act of 1964 shall not exceed the lesser of: (1) the level established as of January 1, 1975; or (2) 25 percent of the household's income. Provides that, effective July 1, 1975, households in which all members receive supplemental security income benefits under the Aid to the Aged, Blind, or Disabled program of the Social Security Act, or households in which all members are included in a federally aided public assistance or general assistance grant shall be certified for participation in the food stamp program under this Act. States that certification of all other households shall be based on the uniform national standards for eligibility required to be established under this Act.
United States · United States Congress · 30 January 1975
Provides that the charge to a household for its food stamp allotment under the Food Stamp Act of 1964 shall not exceed the lesser of (1) the level established as of January 1, 1975, or (2) 25 percent of the household's income. Provides that, effective July 1, 1975, households in which all members receive supplemental security income benefits under the Aid to the Aged, Blind, or Disabled program of the Social Security Act, or households in which all members are included in a federally aided public assistance or general assistance grant shall be certified for participation in the food stamp program under this Act. States that certification of all other households shall be based on the uniform national standards for eligibility required to be established under this Act.
United States · United States Congress · 29 January 1975
Food Allowance for Older Americans Act - Establishes, under the Social Security Act, a food allowance program under which qualified elderly persons shall be provided with an opportunity to obtain an adequate level of nutrition through the issuance to them, without charge or fee or condition of any kind, a food allowance of $50 for each month after December 1973 in the form of coupons that can be used only to purchase food from retail stores. States that an individual is eligible for a food allowance under this Act only if such individual is (1) sixty-five years of age or older, (2) the head of his or her own household, and (3) has an annual income which does not exceed $5,000. Provides for the issuance of coupons reduced in value to individuals whose annual income exceeds $5,000 by not more than $480 and who otherwise meet the conditions of eligibility. Authorizes appropriations of such sums as may be necessary to carry out the purposes of this Act.
United States · United States Congress · 29 January 1975
Authorizes the establishment of the Tule Elk National Wildlife Refuge in California. Establishes a Federal-State management program for the conservation, protection, and enhancement of tule elk and other species. Authorizes appropriations of such sums as may be necessary to carry out the purposes of this Act.
United States · United States Congress · 28 January 1975
Declares that for 90 days following enactment of this Act the President shall have no authority to adjust imports of petroleum or petroleum products under the Trade Expansion Act or any other Federal law. Provides that in the event of a declaration of war, an attack upon the United States, or other involvement in hostilities by the Armed Forces within the 90 day period, this provision shall not thereafter apply. Provides that any action taken by the President between January 15, 1975, and the date of enactment of this Act which results in the imposition of a duty tax or fee on petroleum or petroleum products shall cease to have effect on the date of enactment. Allows a rebate of any amount paid as a tax or fee on petroleum products which was imposed by the President after January 15, 1975, and before enactment of this Act.
United States · United States Congress · 28 January 1975
Legal Practice Equal Opportunity Act - Provides, under the Economic Opportunity Act, that in any State in which for the preceding two years the percentage of minority group candidates passing the State's bar examination is 25 per cent or more less than the percentage of other candidates taking such examination, any minority candidate may take a special bar examination to test their ability to practice law in such State. Makes it the duty of the Administrator of the United States Courts to appoint such a special bar examination committee. Stipulates that those applicants passing such examination shall be deemed fully qualified to practice law in such State. Provides that the Administrator of the United States Courts shall investigate discrimination against minority group applicants on Law School Admission procedures; postadmission discrimination against minority group law school students; and employment discrimination against minority lawyers. Atuhorizes to be appropriated such sums as may be necessary for the enforcement of this Act.
United States · United States Congress · 28 January 1975
States that it is the purpose of this Act to provide for the immediate and future protection and administration of public lands in the California desert within the framework of a program of multiple use, sustained yield, and maintenance of environmental quality. Establishes the California Desert Advisory Commission which shall consist of Federal and State representatives, representatives of the academic community, representatives of residents of the desert, and representatives of groups which make use of the desert and its resources for recreational, study, or business purposes. States that it shall be the function of the Commission to advise the Secretary of the Interior with respect to the program for the desert under this Act. Establishes the National Conservation Area of the California Desert to carry out the purposes of the Act. Gives the Secretary of the Interior responsibility for the preparation of a long-range program for the management, development, and use of the California Desert. Provides that such program shall include a plan, to be completed and reported to Congress within seven years from the date of enactment of this Act. Requires consultation with the Advisory Commission and with State organizations concerning such plan. Provides for an interim program to manage and protect the desert resources now in danger of destruction, and to provide for the public use of the desert. Authorizes the Secretary to acquire such lands or interests therein as he deems necessary to provide access to the facilities of the desert, and to facilitate efficient and beneficial management of the desert. Empowers the Secretary to issue such regulations as he deems necessary to carry out the provisions of this Act. Provides that all mining carried out within the conservation area shall be subject to such reasonable regulations as the Secretary may prescribe to carry out the purposes of this Act. States that such regulations shall provide for such measures as may be reasonable to protect the scenic, scientific, and environmental values of the California Desert against undue impairment.
United States · United States Congress · 28 January 1975
Civil Rights Enforcement Office Act - Creates an independent agency of the Federal Government to be known as the Civil Rights Enforcement Office States that such office shall have jurisdiction to enforce all provisions of the Constitution protecting and securing the civil rights of U.S. citizens and to enforce the Civil Rights Acts of the United States. States that in all cases in which agents of the Federal Government are the object of legal action in respect to protecting civil rights such office shall have exclusive jurisdiction. Defines "Civil rights" to include (1) the right to privacy; (2) the right of freedom of speech; (3) the right to be free from unwarranted searches and seizures; and (4) the right to full and free access to information concerning the operation of government. Authorizes to be appropriated such sums as may be necessary for the enforcement of this Act.
United States · United States Congress · 28 January 1975
Equal Opportunity and Full Employment Act - Directs the President, with the assistance of the Council of Economic Advisors, to transmit annually a full employment and production program to the Congress. Sets forth a summary of the content to be contained in such annual report. Provides for annual Labor Reports of the President. Requires the Labor Reports to provide detailed attention on a continuing and progressively analytical basis to the changing volume and composition of the American labor supply. Renames the United States Employment Service as the United States Full Employment Service. Creates a Job Guarantee Office in the United States Full Employment Office headed by a Job Guarantee Officer whose responsibility is to provide useful and rewarding employment for any American, able and willing to work but not yet working, unable otherwise to obtain work, and applying to such office for assistance. Directs the Job Guarantee Office to carry out responsibilities under this Act upon the recommendation and approval of the local planning councils. Requires that each Job Guarantee Office in carrying out its responsibilities shall insure that among projects planned that adequate consideration be given to such individuals and groups as may face special obstacles in finding and holding useful and rewarding employment and shall provide or have provided through the coordination of existing programs special assistance including but not limited to counseling, training, and, where necessary, transportation and migration assistance. Provides that such individuals and groups shall include (1) those suffering from past or present discrimination or bias on the basis of sex, age, race, color, religion, or national origin; (2) older workers and retirees; (3) the physically or mentally handicapped; (4) youths to age 21; (5) potentially employable recipients of public assistance; (6) the inhabitants of depressed areas, urban and rural; (7) veterans of the Armed Forces; (8) people unemployed because of the relocation, closing, or reduced operations in industrial or military facilities; and (9) such other groups as the President or the Congress may designate from time to time. Directs that each Job Guarantee Office may, subject to the limitations specified in this Act, enter into agreements with public agencies and private organizations operating on a profit, nonprofit, or limited-profit basis. Requires such agreements to contain assurances that the agency or organization will: (1) provide an annual independent audit to the Job Guarantee Office; and (2) not discriminate on the grounds of sex, age, race, color, religion, or national origin in the administration of any program encompassed within the agreement. Directs the Job Guarantee Office to: (1) refer jobseekers to the private sector and general public sector employment placement facilities of the Full Employment Service (other than as supplemented by this Act); and (2) directly refer jobseekers for placement in positions on projects drawn from the reservoir of public service and private employment projects. Provides that anyone who presents himself or herself in person at the full Employment Office shall be considered prima facie "willing and able" to work. Provides that this stipulation specifically shall include persons with impairments of sight, hearing, movement, coordination, mental retardation, or other handicaps. Directs that this stipulation be implemented by the Job Guarantee Officer, prusuant to regulations issued by the Secretary. Establishes a Standby Job Corps which shall consist of jobseekers registered pursuant to this Act. Provides that such Corps shall be available for public service work upon projects and activities that are approved as a part of community public service work reservoirs established by community boards pursuant to this Act. Directs the Secretary, by regulation, to provide for: (1) a requirement that jobseekers registered in the Standby Job Corps maintain a status of good standing, which status shall include attendance and performance standards; and (2) a system of compensation for Corps members. Provides that no Standby Job Corps members shall be paid less than the minimum wage in effect in the area. Directs the Joint Economic Committee to: (1) annually review the activities of the executive branch under all sections of this Act; (2) regularly conduct on its own behalf, or in cooperation with or through the facilities of the appropriate legislative committees or subcommittees of the Senate and the House, public hearings in as many labor market areas as feasible; and (3) annually report upon, with its own conclusions and recommendations, the development and administration of the policies and programs mandated by this Act. Establishes a National Institute for Full Employment within the Department of Labor, under a director to be appointed by the Secretary of Labor, and to operate in continuing consultation with a National Commission for Full Employment Policy Studies. Authorizes and directs the Institute to make, or have made through grants to or contracts with individual researchers and private or public research organizations, universities, and other Government agencies, studies that shall include, but need not be limited to, such subjects as: (1) the policies and programs needed to reduce whatever inflationary pressures may result from full employment to manage any such inflationary pressures through appropriate fiscal policies and indirect and direct controls, and to protect the weaker groups in society from whatever inflationary trends cannot be avoided or controlled; (2) the identification of human potentialities that are hidden, undeveloped, or underdeveloped because of the lack of suitable job opportunities, encouragement, education, or training and of various ways of releasing such potentialities; (3) the forms of education and training needed to help provide people with the skills, knowledge, and values required by existing employment opportunities and technologies and needed to assist in developing such new types of goods, services, technologies, and employment opportunities as may better meet human needs; and (4) the policies and programs needed to substantially eliminate substandard employment, wages, and working conditions and the techniques for establishing standards for employment, wages, and working conditions in accordance with changing levels of national output and resources, and regional variations in output. Authorizes the appropriation for fiscal year 1976, and for each succeeding fiscal year of such sums as may be needed to carry out this Act.
United States · United States Congress · 28 January 1975
Public Service Employment Act - Declares the findings of Congress that the Nation has failed to fulfill a commitment to assure maximum levels of employment through public policy and that many persons who have become unemployed or underemployed as a result of technological changes or as a result of shifts in the pattern of Federal expenditures could usefully be employed in providing needed public service. Declares it to be the purpose of this Act to provide such unemployed and underemployed persons with employment in jobs providing needed public services and appropriate training and related services. Authorizes to be appropriated to carry out this Act $3,000,000,000 for fiscal year 1975; $7,000,000,000 for fiscal year 1976; and $10,000,000,000 for fiscal year 1977, and for each fiscal year thereafter, such funds to remain available for obligation and expenditure until expended. States that financial assistance under this Act may be provided by the Secretary of Labor only pursuant to applications submitted by eligible sponsors which are prime sponsors under the Comprehensive Employment and Training Act or which are Indian tribes on Federal or State reservations which include areas of substantial unemployment. Establishes a special economic development assistance program and authorizes the Secretary to use not more than 10 percent of the funds available under this Act for each fiscal year to provide financial assistance to eligible applicants for economic development, low-cost housing, public works and economic opportunity programs designed to assist in the long-range improvement of the economy of areas of substantial unemployment. Defines "area of substantial unemployment" as any geographical area of sufficient size and scope to sustain a public service employment program under this Act and which has a rate of unemployment equal to or in excess of six percent for three consecutive months. States that an application for assistance under this Act shall set forth a public service employment program designed to create jobs providing employment for unemployed and underemployed persons in carrying out needed public services. Sets forth provisions that must be included in such applications, including a description of the methods to be used to recruit, select, and orient unemployed and underemployed persons, and the wages and salaries to be paid participants. Declares that programs assisted under this Act shall, to the extent feasible, be designed with a view toward: (1) developing new careers; (2) providing opportunities for career advancement; or (3) providing opportunities for continued training, including on-the-job training. Provides that the amounts appropriated under this Act for any fiscal year shall be allocated by the Secretary in such a manner that of such amounts, not less than 80 percent shall be apportioned among the States in an equitable manner, with 50 percent of that amount taking into consideration the proportion which the total number of unemployed and low-income persons in each State bears to the total number of such persons, respectively, in the United States and 50 percent in accord with the number of persons residing in areas of substantial unemployment. States that not less than $1,500,000 shall be apportioned among the Virgin Islands, Guam, American Samoa, and the Trust Territory of the Pacific Islands. Directs that the Secretary shall not provide financial assistance for any program under this Act unless he or she determines, in accordance with regulations as he or she shall prescribe, that specified results shall follow from such assistance. Requires, as a prerequisite to financial assistance, that periodic reports be submitted to the Secretary designed to enable the Secretary to measure the relative and comparative effectiveness of the program authorized under this Act. Sets forth information that such reports shall contain. Provides that the Secretary shall transmit annually to the Congress a detailed report setting forth the activities conducted under this Act, including information derived from evaluations required by this Act. Directs the Secretary to carry out a program of research and pilot projects into alternative ways and means to reach full employment. Authorizes the Secretary to accept and utilize in carrying out the purposes and provisions of this Act funds appropriated to carry out other provisions of Federal law if such funds are utilized for the purposes for which they are specifically authorized and appropriated.
United States · United States Congress · 28 January 1975
Mexican-American Rural Community Anti-Poverty Act - Provides that rural poverty among the Nations' Mexican-American population should be eliminated through those means most suitable to encourage the development of Mexican-American community life and culture. Authorizes the Secretary of Health, Education, and Welfare to make grants to the governing boards of community land grants to provide services for the communities and to eradicate proverty. Enumerates the criteria to be met by an application for such funding and authorizes appropriations for the grants.
United States · United States Congress · 28 January 1975
Community Land Grant Act - States that the purpose of this Act is to fulfill the obligations of the United States undertaken in the Treaty of Guadalupe-Hidalgo of 1848. Declares that these obligations are: (1) to guarantee, and, when necessary, to restore the community land grants belonging to the descendants of the former Mexican citizens; (2) to protect the civil and property rights of such descendants now citizens of the United States; and (3) to secure effectively the right of such descendants to self-determination consistent with their status as U.S. citizens. Directs that the provisions of this Act be liberally construed. Creates a Commission of three members whose orders and decisions shall be final unless disapproved by both Houses of Congress within 60 days. Declares the descendants of former Mexican citizens (prior to the Treaty of Guadalupe-Hidalgo) who became U.S. citizens by May 30, 1858, to be eligible for the benefits of this Act. Provides that those persons eligible for the benefits of this Act may petition (in a manner and form specified) the Commission to order a community land grant reconstituted and its lands restored. Defines "community land grant" as a village consisting of land held in common (accompanied by lesser private allotments) by ten or more families under a grant from the King of Spain prior to August 24, 1821. Directs the Commission to hold a hearing upon receipt of such petition. Requires that all persons having an interest in the land involved in such petition be allowed, upon notice, to appear as a party at such hearing. Declares that the Commission's decision shall operate to divest the title to or any interest in such land from any person or entity and vest such title and interest in such community land grant. Provides that if the Commission's decision is in favor of such petitioners, the Commission shall reconstitute the community land grant as a municipal entity. Stipulates that the Laws of the Indies shall govern the operation of the community land grants unless inconsistent with the Constitution or this Act or with State laws adopted pursuant to this Act. Authorizes to be appropriated $2,500,000 for the expenses of the Commission; $5,000,000,000 for land acquisition proceedings; and $5,000,000 for the financing of legal and professional assistance for petitioners.
United States · United States Congress · 28 January 1975
Directs the President to provide to the House Committee on the Judiciary all the information in the possession of the White House and the Central Intelligence Agency relating to any of the following activities since January 1, 1960, engaged in by any person in the United States for the Central Intelligence Agency: (1) each instance of surreptitious entry, breaking and entering or burglary; (2) each instance of intercepting and opening of mail; (3) each instance of wiretapping or electronic surveillance, not pursuant to court order; (4) each instance of collecting information and maintaining files on a citizen of, or person residing in, the United States or on an association or group within the United States; and (5) each instance of a plan or attempt to do any of the acts enumerated above whether or not such plan or attempt was successfully carried out. Specifies the information required for each activity referred to.
United States · United States Congress · 28 January 1975
Expresses the sense of the Congress that the President should not impose any tariff or other import restriction on petroleum or petroleum products before April 1, 1975, so as to give the Congress a reasonable period of time in which to act legislatively on such matter if it determines such action is necessary.
United States · United States Congress · 27 January 1975
Tax and Loan Account Interest Act - Terminates the insurance of any bank under the Federal Deposit Insurance Act, which fails to pay the Federal funds rate of interest on all tax and loan accounts.
United States · United States Congress · 27 January 1975
Provides, under the Internal Revenue Code, for reductions in Social Security taxes relating to the rate of tax on self-employment income for purposes of old-age, survivors, and disability insurance. States that such reductions shall apply in the case of taxes imposed with respect to self-employment income for taxable years beginning after December 31, 1975, and with respect to wages paid or received during calendar years after 1975. Provides for Federal participation in the costs of the old-age, survivors, and disability insurance program under title II of the Social Security Act. Increases the earnings counted for benefit and tax purposes under the Social Security Act.
United States · United States Congress · 23 January 1975
Allows a tax credit under the Internal Revenue Code for the ordinary and necessary expenses paid during the taxable year by a taxpayer for the improvement of the thermal design of the principal residence of the taxpayer, including that amount of the purchase price of a principal residence allocable to any storm door, storm window, or solar heating and cooling equipment (up to $1000 for the period during which such credit is available under the Internal Revenue Code, no more than $250 of which may be allowed as a credit for the purchase of conventional materials). Authorizes the taxpayer to elect a deduction of up to $4000 for the period during which the provisions of this Act are effective (no more than $1,000 of which may be allowed as a deduction for the purchase of conventional materials) in lieu of the credit provided by this Act. Directs the Secretary of the Treasury to report to the Federal Energy Administration an analysis of the energy savings achieved through the operation of this Act no later than September 15, 1978.
United States · United States Congress · 23 January 1975
Provides under the Social Security Act for a minimum annual income (subject to subsequent increases based on Bureau of Labor Statistics to reflect the cost of living) of $3,850 in the case of elderly (over 62) individuals and $5,200 in the case of elderly couples. Sets forth provisions governing the determination of annual income and payment of benefits. Authorizes to be appropriated for each fiscal year the sums necessary to carry out the provisions of this Act.
United States · United States Congress · 23 January 1975
Airport Noise Curfew Act - Establishes the Airport Noise Curfew Commission to study and make recommendations to the Congress regarding the establishment of curfews on nonmilitary aircraft operations over populated areas of the United States during normal sleeping hours. Requires the Commission to report its findings and recommendations to the Congress no later than six months after the enactment of this Act. Authorizes the Commission to secure directly from any department or agency of the United States information necessary to carry out its duties and functions. Requires the head of such department or agency to furnish such requested information to the Commission. Empowers the Commission to issue subpenas requiring the attendance and testimony of witnesses and the production of any evidence that relates to any subject that the Commission is authorized to investigate by this Act.
United States · United States Congress · 23 January 1975
Elderly and Handicapped Americans Transportation Services Act - Authorizes, under the Federal Aviation Act of 1958, free or reduced rate transportation to handicapped persons and persons who are sixty-five years of age or older. Authorizes, under the Interstate Commerce Act, free or reduced rate transportation for persons who are sixty-five years of age or older. Authorizes grants for special transportation planning, research and demonstration projects for the handicapped and the elderly. Authorizes the appropriation of $15,000,000 for fiscal year 1976 and $25,000,000 for fiscal year 1977 to carry out this Act.
United States · United States Congress · 23 January 1975
Specifies that the provisions of the Strategic and Critical Materials Stocks Piling Act regarding the acquisition and development of strategic raw materials shall not apply to regulations or prohibitions pertaining to economic relations and/or communications with foreign nations or foreign nationals which are established under the authority of the United Nations Participation Act in response to sanctions imposed by the United Nations.
United States · United States Congress · 20 January 1975
Provides, under the Coastal Zone Management Act, for the establishment of a national policy with respect to the Nation's beach resources. Defines the terms used in this Act and states that it is the declared intention of Congress to exercise its constitutional power to protect the public's right to use the beaches. Provides that no person shall construct or maintain any barrier which interferes with the public's right to use the public beaches. Authorizes the Attorney General or U.S. district attorneys (1) to establish and protect the public's right to the beaches; (2) to determine the existing status of title, ownership, and control; and (3) to condemn easements to accomplish the purposes of this Act. Declares that actions brought under this Act may be for injunctive, declaratory, or other suitable relief. States that nothing in this Act shall be held to impair specified State interests in the beaches. Delcares that it is desirable that the States and Federal Government act together to protect the rights and interests of the public in the beaches. Authorizes the Secretary of Transportation to provide financial assistance to any State or political subdivision for the development and maintenance of transportation facilities necessary in connection with the use of public beaches. Authorizes to be appropriated such sums, not to exceed $30,000,000 for each of the fiscal years 1976, 1977, and 1978, for grants to States to plan and develop projects designed to secure the right of the public to the beaches.
United States · United States Congress · 17 January 1975
Equal Opportunity and Full Employment Act - Directs the President, with the assistance of the Council of Economic Advisors, to transmit annually a full employment and production program to the Congress. Sets forth a summary of the content to be contained in such annual report. Provides for annual Labor Reports of the President. Requires the Labor Reports to provide detailed attention on a continuing and progressively analytical basis to the changing volume and composition of the American labor supply. Renames the United States Employment Service as the United States Full Employment Service. Creates a Job Guarantee Office in the United States Full Employment Office headed by a Job Guarantee Officer whose responsibility is to provide useful and rewarding employment for any American, able and willing to work but not yet working, unable otherwise to obtain work, and applying to such office for assistance. Directs the Job Guarantee Office to carry out responsibilities under this Act upon the recommendation and approval of the local planning councils. Requires that each Job Guarantee Office in carrying out its responsibilities shall insure that among projects planned that adequate consideration be given to such individuals and groups as may face special obstacles in finding and holding useful and rewarding employment and shall provide or have provided through the coordination of existing programs special assistance including but not limited to counseling, training, and, where necessary, transportation and migration assistance. Provides that such individuals and groups shall include (1) those suffering from past or present discrimination or bias on the basis of sex, age, race, color, religion, or national origin; (2) older workers and retirees; (3) the physically or mentally handicapped; (4) youths to age 21; (5) potentially employable recipients of public assistance; (6) the inhabitants of depressed areas, urban and rural; (7) veterans of the Armed Forces; (8) people unemployed because of the relocation, closing, or reduced operations in industrial or military facilities; and (9) such other groups as the President or the Congress may designate from time to time. Directs that each Job Guarantee Office may, subject to the limitations specified in this Act, enter into agreements with public agencies and private organizations operating on a profit, nonprofit, or limited-profit basis. Requires such agreements to contain assurances that the agency or organization will: (1) provide an annual independent audit to the Job Guarantee Office; and (2) not discriminate on the grounds of sex, age, race, color, religion, or national origin in the administration of any program encompassed within the agreement. Directs the Job Guarantee Office to: (1) refer jobseekers to the private sector and general public sector employment placement facilities of the Full Employment Service (other than as supplemented by this Act); and (2) directly refer jobseekers for placement in positions on projects drawn from the reservoir of public service and private employment projects. Provides that anyone who presents himself or herself in person at the full Employment Office shall be considered prima facie "willing and able" to work. Provides that this stipulation specifically shall include persons with impairments of sight, hearing, movement, coordination, mental retardation, or other handicaps. Directs that this stipulation be implemented by the Job Guarantee Officer, prusuant to regulations issued by the Secretary. Establishes a Standby Job Corps which shall consist of jobseekers registered pursuant to this Act. Provides that such Corps shall be available for public service work upon projects and activities that are approved as a part of community public service work reservoirs established by community boards pursuant to this Act. Directs the Secretary, by regulation, to provide for: (1) a requirement that jobseekers registered in the Standby Job Corps maintain a status of good standing, which status shall include attendance and performance standards; and (2) a system of compensation for Corps members. Provides that no Standby Job Corps members shall be paid less than the minimum wage in effect in the area. Directs the Joint Economic Committee to: (1) annually review the activities of the executive branch under all sections of this Act; (2) regularly conduct on its own behalf, or in cooperation with or through the facilities of the appropriate legislative committees or subcommittees of the Senate and the House, public hearings in as many labor market areas as feasible; and (3) annually report upon, with its own conclusions and recommendations, the development and administration of the policies and programs mandated by this Act. Establishes a National Institute for Full Employment within the Department of Labor, under a director to be appointed by the Secretary of Labor, and to operate in continuing consultation with a National Commission for Full Employment Policy Studies. Authorizes and directs the Institute to make, or have made through grants to or contracts with individual researchers and private or public research organizations, universities, and other Government agencies, studies that shall include, but need not be limited to, such subjects as: (1) the policies and programs needed to reduce whatever inflationary pressures may result from full employment to manage any such inflationary pressures through appropriate fiscal policies and indirect and direct controls, and to protect the weaker groups in society from whatever inflationary trends cannot be avoided or controlled; (2) the identification of human potentialities that are hidden, undeveloped, or underdeveloped because of the lack of suitable job opportunities, encouragement, education, or training and of various ways of releasing such potentialities; (3) the forms of education and training needed to help provide people with the skills, knowledge, and values required by existing employment opportunities and technologies and needed to assist in developing such new types of goods, services, technologies, and employment opportunities as may better meet human needs; and (4) the policies and programs needed to substantially eliminate substandard employment, wages, and working conditions and the techniques for establishing standards for employment, wages, and working conditions in accordance with changing levels of national output and resources, and regional variations in output. Authorizes the appropriation for fiscal year 1976, and for each succeeding fiscal year of such sums as may be needed to carry out this Act.
United States · United States Congress · 17 January 1975
Equal Opportunity and Full Employment Act - Directs the President, with the assistance of the Council of Economic Advisors, to transmit annually a full employment and production program to the Congress. Sets forth a summary of the content to be contained in such annual report. Provides for annual Labor Reports of the President. Requires the Labor Reports to provide detailed attention on a continuing and progressively analytical basis to the changing volume and composition of the American labor supply. Renames the United States Employment Service as the United States Full Employment Service. Creates a Job Guarantee Office in the United States Full Employment Office headed by a Job Guarantee Officer whose responsibility is to provide useful and rewarding employment for any American, able and willing to work but not yet working, unable otherwise to obtain work, and applying to such office for assistance. Directs the Job Guarantee Office to carry out responsibilities under this Act upon the recommendation and approval of the local planning councils. Requires that each Job Guarantee Office in carrying out its responsibilities shall insure that among projects planned that adequate consideration be given to such individuals and groups as may face special obstacles in finding and holding useful and rewarding employment and shall provide or have provided through the coordination of existing programs special assistance including but not limited to counseling, training, and, where necessary, transportation and migration assistance. Provides that such individuals and groups shall include (1) those suffering from past or present discrimination or bias on the basis of sex, age, race, color, religion, or national origin; (2) older workers and retirees; (3) the physically or mentally handicapped; (4) youths to age 21; (5) potentially employable recipients of public assistance; (6) the inhabitants of depressed areas, urban and rural; (7) veterans of the Armed Forces; (8) people unemployed because of the relocation, closing, or reduced operations in industrial or military facilities; and (9) such other groups as the President or the Congress may designate from time to time. Directs that each Job Guarantee Office may, subject to the limitations specified in this Act, enter into agreements with public agencies and private organizations operating on a profit, nonprofit, or limited-profit basis. Requires such agreements to contain assurances that the agency or organization will: (1) provide an annual independent audit to the Job Guarantee Office; and (2) not discriminate on the grounds of sex, age, race, color, religion, or national origin in the administration of any program encompassed within the agreement. Directs the Job Guarantee Office to: (1) refer jobseekers to the private sector and general public sector employment placement facilities of the Full Employment Service (other than as supplemented by this Act); and (2) directly refer jobseekers for placement in positions on projects drawn from the reservoir of public service and private employment projects. Provides that anyone who presents himself or herself in person at the full Employment Office shall be considered prima facie "willing and able" to work. Provides that this stipulation specifically shall include persons with impairments of sight, hearing, movement, coordination, mental retardation, or other handicaps. Directs that this stipulation be implemented by the Job Guarantee Officer, prusuant to regulations issued by the Secretary. Establishes a Standby Job Corps which shall consist of jobseekers registered pursuant to this Act. Provides that such Corps shall be available for public service work upon projects and activities that are approved as a part of community public service work reservoirs established by community boards pursuant to this Act. Directs the Secretary, by regulation, to provide for: (1) a requirement that jobseekers registered in the Standby Job Corps maintain a status of good standing, which status shall include attendance and performance standards; and (2) a system of compensation for Corps members. Provides that no Standby Job Corps members shall be paid less than the minimum wage in effect in the area. Directs the Joint Economic Committee to: (1) annually review the activities of the executive branch under all sections of this Act; (2) regularly conduct on its own behalf, or in cooperation with or through the facilities of the appropriate legislative committees or subcommittees of the Senate and the House, public hearings in as many labor market areas as feasible; and (3) annually report upon, with its own conclusions and recommendations, the development and administration of the policies and programs mandated by this Act. Establishes a National Institute for Full Employment within the Department of Labor, under a director to be appointed by the Secretary of Labor, and to operate in continuing consultation with a National Commission for Full Employment Policy Studies. Authorizes and directs the Institute to make, or have made through grants to or contracts with individual researchers and private or public research organizations, universities, and other Government agencies, studies that shall include, but need not be limited to, such subjects as: (1) the policies and programs needed to reduce whatever inflationary pressures may result from full employment to manage any such inflationary pressures through appropriate fiscal policies and indirect and direct controls, and to protect the weaker groups in society from whatever inflationary trends cannot be avoided or controlled; (2) the identification of human potentialities that are hidden, undeveloped, or underdeveloped because of the lack of suitable job opportunities, encouragement, education, or training and of various ways of releasing such potentialities; (3) the forms of education and training needed to help provide people with the skills, knowledge, and values required by existing employment opportunities and technologies and needed to assist in developing such new types of goods, services, technologies, and employment opportunities as may better meet human needs; and (4) the policies and programs needed to substantially eliminate substandard employment, wages, and working conditions and the techniques for establishing standards for employment, wages, and working conditions in accordance with changing levels of national output and resources, and regional variations in output. Authorizes the appropriation for fiscal year 1976, and for each succeeding fiscal year of such sums as may be needed to carry out this Act.
United States · United States Congress · 14 January 1975
Tax Equity Act - Title I: Capital Gains and Losses - Repeals the alternative tax presently allowed to corporations (and to individuals under specified circumstances) on long-term capital gain arising from: (1) dispositions pursuant to binding contracts and (2) distribution pursuant to liquidation. Provides, in lieu of the present 50 percent deduction for net long-term capital gain, an exclusion of one-third of 1 percent times the number of months long-term capital asset property used in the taxpayer's trade or business was held over 12 months. States that capital losses shall be allowed only to the entent of capital gains for the taxable year (up to $1000 in the case of an individual taxpayer). Provides for the carryover or carryback (to a maximum of 3 taxable years) of net capital losses (allowing carrybacks only if the net capital loss exceeds $10,000). Provides that the basis of specified property personal or household effects, life insurance proceeds, and income rights acquired from a decedent dying after June 30, 1975 shall be the same as the basis in the hands of the decedent plus its proportionate share of the Federal and State estate taxes attributable to the net appreciation in value of all such properties, even if such property is also community property. Requires the executor of an estate to supply specified information, in accordance with regulations to be propounded by the Secretary of the Treasury, with respect to the decedent and the basis of his property. Provides that income from the sale or exchange of patent rights shall be treated as royalties (ordinary income) rather than as gain from the sale or exchange of a capital asset. Title II: Income Derived From Extraction Of Minerals Repeals the percentage depletion allowance for taxable years beginning after December 31, 1974. Provides for the deduction of expenditures (including intangible drilling costs) incurred in the exploration and development of mineral property. Repeals the maximum tax (33 percent on sales of oil and gas properties. Provides an exclusion from gross income of amounts derived from foreign mineral properties, provided that such income is not derived from: (1) a nonoperating mineral interest; (2) distributions received with respect to the stock of a corporation, and (3) amounts includible in gross income as undistributed profits of controlled foreign corporations. Limits the losses allowable from the disposition of mineral property to the extent of the gains from the sale or exchange of such property during the taxable year. Title III: Reform Measures Affecting Primarily Individuals - Provides that the maximum rate of income tax for individuals shall be 50 percent of taxable income. Allows a credit of 24 percent of the amount of deductions which would be allowable, but for this Act, for the following: (1) personal exemptions; (2) interest on non-business obligations; (3) non-business State and local taxes; (4) non-business losses of property; (5) charitable contributions; (6) medical care; and (7) taxes and interest paid by a cooperative housing association. Authorizes the President to increase or decrease the 24 percent credit rate authorized by this Act subject to the disapproval by either House of Congress. States that such increase or decrease may not exceed 2 percentage points. Provides for a reduction in the tax rates applicable to those earning less than $10,000 per year. States that the income received by a child from a trust created by his parent, and dividends, interest, and royalties from property given the child by his parents shall be includible in the gross income of the parent if the claims a credit for the exemption allowable for such child as a dependent. Provides that share holder-employees of closely held corporations must include in gross income that part of of contributions paid by an employer-corporation (and deductible by it) to trusts, annuities, or bond purchase plans for the benefit of the sharehaolder-employee in excess of: (1) 15 percent of his compensation; or (2) $7500, and the amount of any forfeitures allocated to the employee's account under a stock bonus or profit-sharing plan. Repeals the $100 exclusion from gross income for dividends and trust income. Limits the deduction of interest on investment indibtedness to $5000 plus the amount of the net investment income. Restricts the business and income-producing expense deduction for business or trade-related conventions held outside of the United States to the cases where it is more reasonable for the meeting to be held outside of the United States than within the United States. Disallows business expense deductions for the use of a dwelling unit which is used by the taxpayer during the taxable year as a residence. Limits deductions attributable to farming to the gross income derived from farming for the taxable year, and, in the case of an individual, the higher of $10,000 on the amount of special deductions allowable. Provides for the computation of earings and profits on a consolidated basis with respect to distributions by the common parent corporation of a controlled group of corporations. Terminates the preferential tax treatment presently accorded to qualified stock options and restricted stock option plans under the Internal Revenue Code. Taxes trust income payable to the children of the grantor to the grantor if the child is under 21 years of age or a student. Provides that the deductible losses of a limited partner in a partnership cannot exceed his or her investment. Repeals the exemption for earned income from foreign sources. Provides that a partnership shall be treated as a corporation for purposes of income taxation upon filing of a registration statement for the offering of units of interest in a partnership with the Securities Exchange Commission. Title IV: Reform Measures Affedting Primarily Corporations - Repeals the investment credit for business property placed in service after Jan. 1, 1976. Repeals the Asset Depreciation Range System. States that, in the case of a corporation, the depreciation allowance shall not exceed the depreciation recorded on the corporation's books. Provides also that the deduction for repair expenses shall be limited to the amount recorded on the corporation's books. Limits the deduction on the aggregate amount of dividends received to 85 percent of taxable income computed without regard to specified deductions. Repeals the provision allowing nonrecognition of gain on the sale of inventory in specified cases. Denies, in the case of corporate reorganization, tax-free exchange treatment to investment companies. Disqualifies transactions which result in the shareholders of a merging corporation owning less than 20 percent of the total combined voting power of all classes of stock of the surving corporation as reorganizations. Repeals the special treatment of bad debt reserves of financial institutions. Repeals the special deductions for Western Hemisphere trade corporations. Taxes the undistributed profits of foreign corporations to such corporations' United States shareholders based on each shareholder's pro rata share of such undistributed profits. Repeals the tax exemption presently permitted to Domestic International Sales Corporations. Title V: Reforms Affecting Individuals And Corporations - Reduces the exemption from the 10 percent minimum tax on items of tax preference from $30,000 to $12,000. Subjects interest on governmental obligations, mineral exploration and development expenditures, and foreign tax credits to the minimum (10 percent) tax on preferences. Provides that the difference between the cost to a shareholder of the use of corporate property and the fair market value of such use shall be includible in the gross income of the shareholder. Limits the allowable depreciation deduction for rental real estate to an amount which will not reduce the adjustment basis to an amount below any mortgage indebtedness on such property. Reduces the deduction of charitable gifts of appreciated property tothe amount of the property's basis at the time of the gift. Provides that the foreign tax credit shall not include foreign taxes paid or accrued on any item excluded from gross income or gain not recognized under the Internal Revenue Code. Limits the foreign tax credit to that proportion of the tax imposed under the Internal Revenue Code which the taxpayer's taxable income from sources outside the United States bears to his entire taxable income. Title VI: Estate and Gift Tax Amendments - Provides for the integration of the estate tax rate with the rate schedule applied to the amount of adjusted inter vivos gifts ( the amount of such gifts to be computed according to a formula set forth in this Act). Limits the aggregate amount of charitable deductions allowed under the estate tax provision to $50 percent of the amount by which the value of the gross estate exceeds the aggregate amount of deductions for expenses, indebtedness, taxes, and casualty losses incurred during the settlement of the estate. Title VII: State and Local Obligations - Repeals the exemption for interest on state and local obligations issued after December 31, 1975. Directs the United States to pay 40 percent of the interest yield on state and local obligations. Title VIII: Withholding Of Income Tax On Dividends And Interest - Directs every person who pays interest or dividends to deduct and withhold on such interest or dividends a tax equal to 10 percent of the amount thereof: Defines the terms "interest" and "dividend" for this purpose. Directs every person required to deduct and withhold any tax to make quarterly returns of such tax to the appropriate officer.
United States · United States Congress · 14 January 1975
Provides that an individual may qualify for disability insurance benefits under the Old-Age, Survivors and Disability Insurance program of the Social Security Act and the disability freeze if he has 40 quarters of coverage, regardless of when such quarters were earned.
United States · United States Congress · 14 January 1975
Provides hospital and medical care to members of the armed forces of Poland or Czechoslovakia who participated in armed conflict with an enemy of the United States during World War I or World War II, and who have been citizens of the United States for not less than 10 years. Provides that such hospital and medical care shall be available to the same extent as if such service had been performed in the Armed Forces of the United States.
![Official portrait of Rep. Hawkins, Augustus F. [D-CA-29]](https://www.congress.gov/img/member/h000367_200.jpg)