United States · United States Congress · 3 February 1999
'Know Your Customer' Sunset Act - Ends the effectiveness of, and prohibits the Secretary of the Treasury or any Federal banking agency from prescribing, any regulation that has the effect of requiring a depository institution or any other private entity to: (1) monitor customer accounts; or (2) obtain information concerning any person in connection with a financial transaction (including the source of any funds involved in the transaction).
United States · United States Congress · 3 February 1999
Amends the Internal Revenue Code to increase the small issuer exemption from pro rata allocation of interest expense of financial institutions to tax-exempt interest.
United States · United States Congress · 2 February 1999
Local Census Quality Check Act - Requires each decennial census to include an opportunity for postcensus local review, similar to that afforded as part of the 1990 decennial census, so that local governmental units may review household counts, jurisdictional boundaries, and such other data as the Secretary of Commerce considers appropriate for identifying discrepancies or other potential problems before the tabulation of total population by States is completed. Sets forth a timetable and guidelines for conducting such review, challenging census data, and correcting any identified miscounts.
United States · United States Congress · 2 February 1999
Makes veterans who have been awarded the Purple Heart eligible for veterans' hospital care and medical services. Provides such veterans with a priority in the veterans' system of annual patient enrollment.
United States · United States Congress · 2 February 1999
Save Our Children Act of 1999 - Directs the U.S. Sentencing Commission to amend or promulgate sentencing guidelines to provide that certain drug offenses committed in the presence of a child receive a penalty enhancement of the greater of: (1) two offense levels or one year, for the first such offense; or (2) four offense levels or two years, for the second such offense.
United States · United States Congress · 2 February 1999
Prisoners Frivolous Lawsuit Prevention Act of 1999 - Amends rule 11 of the Federal Rules of Civil Procedure to provide that by presenting to the court a pleading, written motion, or other paper, an attorney or unrepresented party is certifying (among other things and subject to specified limitations) that the allegations and other factual contentions have evidentiary support, are made in a case involving a party other than a prisoner, and, if specifically so identified, are likely to have evidentiary support after a reasonable opportunity for further investigation or discovery. Directs the court, upon determining in a case involving a party who is a prisoner that provisions regarding improper representations to the court have been violated, to impose an appropriate sanction upon the attorneys, law firms, or parties responsible for the violation. Specifies that a sanction imposed for a violation of this rule shall not be limited to what is sufficient to deter repetition of such conduct or comparable conduct by others similarly situated in a case involving a party who is a prisoner.
United States · United States Congress · 19 January 1999
Hmong Veterans' Naturalization Act of 1999 - Waives the English language requirement and provides special consideration for the civics requirement with respect to the naturalization of certain aliens (or their spouses or widows) who served with special guerilla units in Laos.
United States · United States Congress · 19 January 1999
Establishes within the Department of Health and Human Services (HHS) the Office of the Assistant Secretary for Indian Health to: (1) facilitate advocacy for the development of appropriate Indian health policy; and (2) promote consultation on matters related to Indian health. Requires such Assistant Secretary to perform the functions currently performed by the Director of the Indian Health Service, as well as certain additional HHS advisory and coordinating services in Indian health matters.
United States · United States Congress · 19 January 1999
Citizens' Self-Defense Act of 1999 - Declares that a person not prohibited under the Brady Handgun Violence Prevention Act from receiving a firearm shall have the right to obtain firearms for security and to use firearms in defense of: (1) self or family against a reasonably perceived threat of imminent and unlawful infliction of serious bodily injury; (2) self or family in the course of the commission by another person of a violent felony against the person or a member of the person's family; and (3) the person's home in the course of the commission of a felony by another person. Authorizes persons whose rights under this Act have been violated to bring an action in U.S. district court against the United States, any State, or any person for damages, injunctive relief, and such other relief as the court deems appropriate. Sets forth provisions regarding: (1) the award of attorney's fees; and (2) the statute of limitations.
United States · United States Congress · 19 January 1999
United Nations Erroneous Debt Act of 1999 - Prohibits the payment of U.S. contributions to the United Nations until the President certifies to the Congress that the United Nations has: (1) agreed to reimburse or credit to the United States a specified sum which reflects unreimbursed U.S. assistance to U.N. military peacekeeping efforts from 1992 through 1995; or (2) eliminated alleged U.S. arrearages to the United Nations and agreed to reimburse or credit a specified sum to the United States.
United States · United States Congress · 19 January 1999
Military Survivors Equity Act of 1999 - Repeals the social security offset applicable to certain annuities paid to surviving spouses under the Survivor Benefit Plan (SBP) for retired members of the armed forces, to the extent that such offset is due to integration with social security benefits when the surviving spouse reaches 62 years of age. Repeals the required reduction in such annuity when such person reaches age 62. Directs the Secretary of Defense to recompute the existing annuities of certain individuals under the SBP to reflect the changes made by this Act.
United States · United States Congress · 19 January 1999
Directs the Secretary of the military department concerned to ensure that any person who first becomes a member of the armed forces on or after the date of enactment of this Act is provided a written statement of all the benefits that will be provided to such person upon retirement from the armed forces. Prohibits any such statement from including a reservation of the right to change any such benefit. Requires any such person who subsequently retires from the armed forces to receive the benefits as described in the original statement.
United States · United States Congress · 19 January 1999
Amends provisions relating to the Civil Service Retirement System and the Federal Employees Retirement System to increase: (1) the mandatory retirement age for members of the Capitol Police from 57 to 60; and (2) the age to which an exemption may be extended from 60 to 65.
United States · United States Congress · 19 January 1999
Amends the Internal Revenue Code to set forth provisions for: (1) a small employer (100 or fewer employees) retirement plan; (2) a credit for the expenses of establishing such a plan; and (3) a model small employer retirement plan.
United States · United States Congress · 6 January 1999
Permits certain veterans with service-connected disabilities who are retired members of the uniformed services to receive compensation concurrently with retired pay, without deduction from either.
United States · United States Congress · 6 January 1999
Structured Settlement Protection Act - Amends the Internal Revenue Code to: (1) impose an excise tax on persons acquiring structured settlement payments in factoring transactions; and (2) set forth related reporting requirements.
United States · United States Congress · 6 January 1999
Education Land Grant Act - Amends the Recreation and Public Purposes Act to: (1) replace "Secretary of the Interior" with "Secretary" each place it appears; and (2) provide for the disposal of national forest lands (currently, only public lands) to a State, territory, county, municipality, or other State, territorial, or Federal instrumentality or political subdivision, including to a local education agency (LEA) for an elementary or secondary school, including a public charter school. Defines Secretary as the: (1) Secretary of Agriculture with respect to any disposal of national forest lands under the Act; and (2) Secretary of the Interior with respect to any disposal of public lands under the Act. Includes the Department of Agriculture within the exception of a Federal agency that does not need the consent of a Federal department or agency, or another entity to dispose of lands withdrawn in aid of a function of such entity. Makes such Act inapplicable to lands in: (1) the National Park System; (2) the National Wildlife Refuge System; (3) the National Wilderness Preservation System; (4) the National Wild and Scenic Rivers System; (5) the National Trails System; (6) any Bureau of Land Management area of critical environmental concern; and (7) any national recreation area. Requires the Secretary of the Interior, upon receipt of an application from a duly qualified LEA that is seeking conveyance of land for use for a school, to: (1) notify the applicant of such receipt before the end of the ten-day period beginning on the date of receipt; and (2) before the end of the 60-day period beginning on such date, determine whether or not to convey such land and to notify the applicant of that determination, or report to the Congress and the applicant the reasons that determination has not been made.
United States · United States Congress · 6 January 1999
Social Security Preservation Act of 1999 - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to require the Managing Trustee of the Board of Trustees of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund (social security trust funds) to ensure that the annual surplus of the trust funds is invested in: (1) marketable interest-bearing obligations of the United States or obligations guaranteed by the United States; or (2) certificates of deposit in insured depository institutions. Outlines provisions for determining the annual surplus of the trust funds. Prohibits disinvestment of social security trust fund amounts from public debt obligations, any refraining from making such investments, or any delay in making normal deposits in such trust funds for public debt limit-related purposes. Authorizes the sale of social security trust fund public debt obligations for the payment of cash benefits and administrative expenses, with conditions, including notifying Congress and the Comptroller General in advance of such sale.
United States · United States Congress · 6 January 1999
TABLE OF CONTENTS: Title I: Conversion of Financing Title II: Authorization of Appropriations Title III: Program Amendments Preserving Affordable Housing for Senior Citizens into the 21st Century Act - Title I: Conversion of Financing - Authorizes the Secretary of Housing and Urban Development, with owner consent, to convert certain housing projects for the elderly from direct loan financing to rental assistance contract financing. Authorizes related debt forgiveness and section 8 contract cancellation. Title II: Authorization of Appropriations - Amends the Housing Act of 1959 to authorize appropriations for the supportive housing for elderly persons program. Amends the Cranston-Gonzalez National Affordable Housing Act to authorize appropriations for the supportive housing for persons with disabilities program. Title III: Program Amendments - Amends the Housing Act of 1959 with respect to the supportive housing for the elderly program to: (1) eliminate the requirement that acquired structures be from the Resolution Trust Corporation; (2) permit mixed funding sources; and (3) permit mixed income occupancy in certain high vacancy projects. Amends the Cranston-Gonzalez National Affordable Housing Act to permit mixed funding sources in the housing for persons with disabilities program.
United States · United States Congress · 6 January 1999
Community Protection Act of 1999 - Amends the Federal criminal code to authorize qualified law enforcement officers carrying the official badge and photographic identification issued by the governmental agency for which the individual is employed as a law enforcement officer, notwithstanding State or local laws, to carry a concealed firearm that has been shipped or transported in interstate or foreign commerce. Specifies that this Act shall not be construed to supersede or limit the laws of any State that: (1) permit private persons or entities to prohibit or restrict the possession of concealed firearms on their property; or (2) prohibit or restrict the possession of firearms on any State or local government property, installation, building, base, or park. (Sec. 3) Sets forth similar provisions authorizing qualified retired law enforcement officers to carry concealed firearms notwithstanding State or local laws.
United States · United States Congress · 6 January 1999
Uniformed Services Former Spouses Equity Act of 1999 - Requires payment from the monthly disposable retired pay of a member to his or her former spouse in compliance with court orders (division of property) to terminate upon the remarriage of that spouse, effective as of the last day of the month in which the remarriage occurs. Provides that, in the case of a member to whom a final decree of divorce, dissolution, annulment, or legal separation is issued before the member begins to receive retired pay, the disposable retired pay of such member, for purposes of such monthly payments, shall be computed based on the pay grade and length of service of the member while married. Increases such amount concurrently with retired pay increases. Requires a member's spouse or former spouse to obtain a court order for reapportionment of a member's monthly disposable retired pay by the later of the following dates: (1) two years of the date of the final decree of divorce, dissolution, annulment, or legal separation; or (2) six months after the enactment of this Act. Prohibits the court from treating as part of a member's disposable retired pay amounts which have been waived from such pay in order to receive veterans' disability compensation.
United States · United States Congress · 6 January 1999
Arlington National Cemetery Burial Eligibility Act - Allows the remains of the following persons to be interred at Arlington National Cemetery: (1) any member of the armed forces who dies while on active duty; (2) any retired member and any person who served on active duty and at the time of death was entitled to retired pay (or would have been so entitled but for his or her age); (3) any former member who was separated for physical disability before October 1, 1949, who served on active duty, and who would have been eligible for disability retirement if such provisions had been in effect on such date; (4) any former member whose last active military service was terminated honorably and who has been awarded one of a number of specified military decorations; (5) any former prisoner of war who dies on or after November 30, 1993; (6) the President or any former President; (7) the spouse, surviving spouse, minor child, and, in the discretion of the Cemetery's Superintendent, unmarried adult child of an interred member (but only if buried in the same gravesite); (8) the spouse, minor child, and unmarried adult child (discretionary) of a member on active duty if such person dies while the member is on active duty; (9) the individual whose spouse, minor child, and unmarried adult child (discretionary) is eligible under (8), above, but only if buried in the same gravesite; (10) the parents of a minor child or unmarried adult child whose remains, based on the parent's eligibility, are already buried in the Cemetery, but only if buried in the same gravesite; (11) the surviving spouse, minor child, and unmarried adult child (discretionary) of a member who was lost, buried at sea, or officially determined to be permanently absent in a status of missing or missing in action; and (12) the surviving spouse, minor child, and unmarried adult child (discretionary) of a member buried in a cemetery under the jurisdiction of the American Battle Monuments Commission.
United States · United States Congress · 6 January 1999
Government Shutdown Prevention Act - Provides for continuing appropriations (at 100 percent of the rate of operations provided for in FY 1999) in the absence of regular appropriations for FY 2000.
United States · United States Congress · 6 January 1999
Bill Emerson English Language Empowerment Act of 1999 - Amends Federal law to declare English to be the official language of the U.S. Government. States that representatives of the Federal Government have an affirmative obligation to preserve and enhance the role of English as the official language of the Federal Government. Requires such representatives to conduct official business in English. Prohibits anyone from being denied Government services because he or she communicates in English. Requires that all officials conduct all naturalization ceremonies entirely in English. Declares that nothing in this Act shall be construed to limit the preservation or use of Native Alaskan or Native American languages.
United States · United States Congress · 6 January 1999
Satellite Access to Local Stations Act - Amends Federal copyright law to cite circumstances under which the secondary transmission by a satellite carrier of a primary transmission of a television broadcast station into the station's local market shall be subject to statutory licensing. Sets forth reporting requirements for a satellite carrier whose secondary transmissions are subject to such licensing requirements. Precludes any royalty obligation for such secondary transmissions. States that noncompliance with such reporting requirements by a satellite carrier of a television broadcast station is actionable as an act of infringement and fully subject to copyright remedies. Amends the Communications Act of 1934 regarding the retransmission of broadcasting station signals. Prohibits cable systems and other multichannel video programming distributors from retransmitting a broadcasting station's signal without the station's express consent. Directs the Federal Communications Commission to commence a rulemaking proceeding to revise regulations governing the exercise by television broadcast stations of the right to grant retransmission consent. Prescribes requirements for the carriage of local television signals by satellite carriers, including: (1) carriage obligations; (2) carriage of all local television stations on contiguous channels and in a nondiscriminatory manner on any navigational device, on-screen guide, or menu; (3) compensation for carriage; and (4) remedies for failure to meet obligations.
United States · United States Congress · 6 January 1999
Social Security Strengthening and Protection Act of 1999 - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to require the Managing Trustee of the Board of Trustees of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund (social security trust funds) to establish guidelines mandating the eventual investment by the Managing Trustee of such portion of each such social security trust fund not required to meet current withdrawals only in certain marketable interest-bearing obligations of the United States . Prohibits disinvestment of such trust fund amounts from public debt obligations, any refraining from making such investments, or any delay in making normal deposits in such trust funds for public debt limit-related purposes. Authorizes the sale of social security trust fund public debt obligations for payment of cash benefits and administrative expenses, with conditions, including advance notification to each House of the Congress and the Comptroller General before such sale.
United States · United States Congress · 6 January 1999
Notch Baby Act of 1999 - Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act with respect to the benefit computation formula for individuals who reached age 65 in or after 1982 and to whom applies the period of transition to the changes in benefit computation rules enacted in the Social Security Amendments of 1977. Sets forth a schedule of additional benefit increases for such beneficiaries (and related beneficiaries), with percentages declining from 60 percent to ten percent keyed to the year an individual became eligible for such benefits between 1979 and 1983.
United States · United States Congress · 6 January 1999
Affordable Housing Opportunity Act of 1999 - Amends the Internal Revenue Code to increase, and link to the cost-of-living adjustment, the State low-income housing credit ceiling.
United States · United States Congress · 6 January 1999
Amends Federal law to repeal the requirement regarding the freeze on the development of lands in litigation under the Navajo-Hopi Settlement Act of 1974.
United States · United States Congress · 6 January 1999
Amends the Internal Revenue Code to disregard certain Native American housing assistance in determining whether a building is federally subsidized for low-income housing credit purposes.
United States · United States Congress · 6 January 1999
Capital Gains Tax Reduction Act of 1999 - Amends the Internal Revenue Code to reduce the maximum capital gains tax rates for both individuals and corporations. Provides for the indexing of assets for determining gain or loss.
United States · United States Congress · 6 January 1999
Constitutional Amendment - Makes any person who has been elected for a full term: (1) two times to the Senate ineligible for election or appointment to the Senate; or (2) six times to the House ineligible for election to the House. Bars any person who has served as a: (1) Senator for more than three years of a term to which some other person was elected from being subsequently eligible for election to the Senate more than once; and (2) Representative for more than one year from being subsequently eligible for election to the House more than five times. Excludes election or service occurring before this article becomes operative when determining eligibility.
United States · United States Congress · 9 October 1998
Amends the Fair Labor Standards Act of 1938 to exempt from minimum wage and overtime compensation requirements any employees of private nonprofit institutions who are employed to serve as houseparents for individuals who are: (1) abused, neglected, delinquent, orphaned, homeless, drug dependent, emotionally impaired children, or children who suffer from family dysfunction; (2) single, pregnant women ages 14 to 35; (3) single individuals ages 14 to 35 with children under the age of five; or (4) mentally handicapped or mentally ill. Allows such exemption only if the individuals served have their primary residence at facilities of such institutions, and only if the houseparents: (1) reside with such individuals at such facilities for at least 72 hours a week; (2) receive free board and lodging from such enterprises; and (3) are compensated at an annual rate of at least $8,000.
United States · United States Congress · 8 October 1998
Declares that the President should: (1) impose sanctions under the Arms Export Control Act and the Iran-Iraq Arms Non-Proliferation Act of 1992 to the fullest possible extent, including freezing assets and seizing property in the United States of entities involved in illegal transactions with Iran; (2) take steps to expedite the development of a missile defense system for the United States and for U.S. forces wherever deployed to deal with the Iranian threat, including accelerating development of the Navy Upper Tier program and improving the integration of the Patriot, AEGIS, and THADD missile radar systems; and (3) provide assistance to Israel to acquire a third Arrow missile battery for protection against the Iranian missile threat.
United States · United States Congress · 8 October 1998
Expresses the sense of the Congress that the commitment made by the United States, in conjunction with South Korea and Japan, to help finance and build two nuclear reactors for North Korea, to provide fuel oil and other assistance to North Korea, and to begin lifting the decades-old economic embargo on North Korea should be suspended until the President certifies that North Korea has agreed to: (1) cease further development of its ballistic missile program; (2) cease all aspects of its nuclear weapons program; (3) cease all construction and activity on all nuclear facilities other than the light water nuclear reactors permitted by the Agreed Framework of October 21, 1994; (4) allow international inspectors complete access to the Yongbyon nuclear complex, all plutonium reprocessing facilities, and other suspected nuclear weapons sites under the Agreed Framework and other international treaties; (5) eliminate its existing stockpile of weapons-grade plutonium and allow verification of such elimination; and (6) stop diverting food, fuel oil, and other international humanitarian assistance to its military personnel and infrastructure; and (7) sign an agreement formally ending the war with South Korea. Declares that the President should at no time, with respect to North Korea, waive the section of the Atomic Energy Act of 1954 which requires the maintaining of International Atomic Energy Agency safeguards as a precondition for the transfer of nuclear technology.
United States · United States Congress · 8 October 1998
Expresses the sense of the Congress that Iraq is in material and unacceptable breach of its international obligations. Calls for the President to: (1) take appropriate action to bring Iraq into compliance with such obligations; (2) insist on the removal, destruction, or rendering harmless of Iraq's programs for biological, chemical, and nuclear weapons; (3) fully support the right of inspectors of the UN Special Commission on Iraq (UNSCOM) to unfettered and unannounced inspections of suspected weapons facilities; and (4) not renege on past warnings issued by the President, the Secretary of State, and the Secretary of Defense that the United States is committed to using military force, if necessary, to punish Iraq for interfering with or obstructing UNSCOM's weapons inspections.
United States · United States Congress · 8 October 1998
Expresses the sense of the Congress that: (1) only Israel can determine its security needs; (2) the final political status of the Palestinian entity can only be determined through bilateral negotiations and agreement between Israel and the Palestinian Authority; (3) the President must reaffirm that any such unilateral declaration of a Palestinian State would be a grievous violation of the Oslo Accords, would seriously impede any possibility of advancing the peace process, and would have severe negative consequences for Palestinian relations with the United States; and (4) the President should now publicly and unequivocally state that the United States will actively oppose such a unilateral declaration and will not extend recognition to any unilaterally declared Palestinian State.
United States · United States Congress · 2 October 1998
Exempts from Federal taxation any portions of amounts paid to David R. Kaczynski of Schenectady, New York, and his wife, Linda E. Patrik, for information leading to the arrest of Theodore J. Kaczynski in the "Unabomber" case which are used to: (1) pay attorney's fees in connection with the "Unabomber case"; or (2) benefit "Unabomber" victims and their families. Exempts from Federal taxation all such payments received by such victims and their families.
United States · United States Congress · 2 October 1998
Expresses the sense of the Congress that the Forest Service should: (1) not close shooting or archery facilities without prior notification to the Congress and the general public unless there is an immediate threat to public safety; (2) avoid unreasonable restrictions in the issuance of special-use permits for firearm and archery sports facilities; (3) fully evaluate alternative sites in the Coronado National Forest, to the extent consistent with the environmental assessment, and provide a reasonable alternative that would allow the Tucson Rod and Gun Club to quickly open a safe facility for firearm and archery sports; and (4) adhere to its deadline of November 20, 1998, for a decision on a site for such Club.
United States · United States Congress · 1 October 1998
Prohibits the Secretary of the Treasury under provisions of subpart F (Controlled Foreign Corporations) of part III (Income from Sources Without the United States) of subchapter N (Tax Based On Income From Sources Within or Without the United States) of the Internal Revenue Code from, among other things, issuing either temporary or final regulations relating to the treatment of hybrid transactions. Requires a study and report concerning such transactions.
United States · United States Congress · 16 September 1998
TABLE OF CONTENTS: Title I: Provisions Primarily Affecting Individuals and Families Subtitle A: General Provisions Subtitle B: Provisions Relating to Education Subtitle C: Provisions Relating to Social Security Title II: Provisions Primarily Affecting Farming and Other Businesses Subtitle A: Increase in Expense Treatment for Small Businesses Subtitle B: Provisions Relating to Farmers Subtitle C: Increase in Volume Cap on Private Activity Bonds Title III: Extension and Modification of Certain Expiring Provisions Subtitle A: Tax Provisions Subtitle B: Generalized System of Preference Title IV: Revenue Offset Title V: Technical Corrections Title VI: American Community Renewal Act of 1998 Subtitle A: Designation and Evaluation of Renewal Communities Subtitle B: Tax Incentives for Renewal Communities Taxpayer Relief Act of 1998 - Title I: Provisions Affecting Individuals and Families - Subtitle A: General Provisions - Amends the Internal Revenue Code (IRC) to: (1) make the basic standard deduction on a joint return equal to twice the deduction of a single return; (2) make the aged or blind additional deduction amounts the same for married and unmarried individuals; (3) as a general rule, exclude from gross income up to $200 ($400 in the case of a joint return) of dividends and interest received by an individual; (4) revise provisions concerning the aggregate amount of nonrefundable personal credits allowed to provide that the aggregate amount of such credits shall not exceed the sum of the taxpayer's regular tax liability and the alternative minimum tax; (5) allow for the deduction of 100 percent of the health insurance costs of self-employed individuals; (6) set forth a special rule for members of the uniformed services and foreign service in determining the exclusion of gain from the sale of a principal residence; and (7) accelerate the $1 million exemption from the estate and gift taxes. Subtitle B: Provisions Relating to Education - Permits private educational institutions to maintain qualified tuition programs which are comparable to qualified State tuition programs. Modifies arbitrage rebate rules applicable to public school construction bonds. Subtitle C: Provisions Relating to Social Security - Amends title II (Old Age, Survivors, and Disability Insurance) of the Social Security Act to: (1) increase the limit on earnings before there is a reduction in benefits for individuals who have attained retirement age but who are under age 70; and (2) provide for the recomputation of benefits resulting from earnings after reaching retirement age. Title II: Provisions Primarily Affecting Farming and Other Businesses - Subtitle A: Increase in Expense Treatment for Small Businesses - Amends the IRC to accelerate the increase in the dollar limitation on the cost of property which may be expensed by businesses as depreciable assets. Subtitle B: Provisions Relating to Farmers - Amends the Taxpayer Relief Act of 1997 to permanently extend income averaging for farmers. Amends the IRC to provide a five-year carryback period for farming losses. Amends the Agricultural Market Transition Act to disregard the payment option provided by the Emergency Farm Financial Relief Act. Subtitle C: Increase in Volume Cap on Private Activity Bonds - Amends IRC provisions concerning State private activity bond volume limits to repeal the adjustment for years after 1987. Title III: Extension and Modification of Certain Expiring Provisions - Subtitle A: Tax Provisions - Extends, for a limited period, the: (1) credit for increasing research activities; (2) work opportunity credit; and (3) welfare-to-work credit. Extends permanently the special rule for contributions of stock for which market quotations are readily available. Establishes rules for the public inspection of the returns of private foundations. Revises provisions concerning the special rule for income derived in the active conduct of banking, financing, or similar businesses to provide, as general rule, that foreign personal holding company income shall not include qualified banking or financing income of an eligible controlled foreign corporation. Revises the definition of insurance income and provides that, as a general rule, foreign personal holding company income shall not include qualified insurance income of a qualifying insurance company. Subtitle B: Generalized System of Preferences - Amends the Trade Act of 1974 to extend the Generalized System of Preferences through February 29, 2000. Provides for the retroactive application of certain liquidations and reliquidations. Title IV: Revenue Offset - Amends IRC provisions concerning the complete liquidations of subsidiaries to provide that if a corporation receives a distribution form a regulated investment company or a real estate investment trust which is considered as being in complete liquidation of such company or trust, then such corporation shall treat as a dividend from such trust or company an amount equal to the deduction for dividends paid allowable to such company or trust by reason of such distribution. Title V: Technical Corrections - Revises provisions of the IRC, the Internal Revenue Service Restructuring and Reform Act of 1998, the Taxpayer Relief Act of 1997, the Tax Reform Act of 1984, and the Transportation Equity Act for the 21st Century. Title VI: American Community Renewal Act of 1998 - American Community Renewal Act of 1998 - Subtitle A: Designation and Evaluation of Renewal Communities - Renewing American Communities Act of 1998 - Amends the IRC to authorize the Secretary of Housing and Urban Development to designate (upon local or State nomination) up to 20 renewal communities, of which at least 20 percent shall be in rural areas. Requires for nomination purposes that: (1) the area be experiencing high rates of poverty and unemployment and general distress; and (2) State and local governments enter into written contracts with community organizations to promote specified economic growth and employment activities. Treats renewal communities as labor surplus areas for all Federal law purposes. Subtitle B: Tax Incentives for Renewal Communities - Excludes from gross income capital gains on the sale or exchange of a qualified community asset (stock, business property, or partnership interest) held for more than five years. Allows a specified deduction for amounts paid into a family development account on behalf of an individual or another qualified individual who is a renewal community resident. Excludes from gross income account distributions used for qualified family development expenses (postsecondary education, first-home purchase, business capitalization, medical, and rollovers). Provides a penalty (with exceptions) in addition to inclusion as gross income for nonqualifying distributions. Provides for designation of up to 25 percent of qualifying renewal communities as matching demonstration areas eligible to receive family development account matching contributions. Authorizes: (1) designation of earned income tax credit payments for family development account deposit; (2) a commercial building revitalization tax credit; (3) increased first year expensing for renewal community businesses; (4) extension of environmental remediation cost expensing and the work opportunity credit for renewal communities; and (5) similar tax treatment of renewal communities and enterprise zones for specified youth residence requirements. Permits a deduction for contributions to a family development account whether or not a taxpayer itemizes. Makes conforming amendments to provisions respecting: (1) tax on excess contributions and prohibited transactions; (2) trust and annuity information; (3) tax exemption applications; and (4) the commercial revitalization credit.
United States · United States Congress · 6 August 1998
Year 2000 Readiness Disclosure Act - Provides that, in any civil action arising under Federal or State law, no Year 2000 Readiness Disclosure (a statement concerning Year 2000 computer compliance information) (Y2K problem) shall be admissible unless the proponent of admissibility establishes that the Disclosure was material and: (1) the Disclosure was made with knowledge of its being false and misleading and with an intent to deceive; or (2) where the Disclosure was a republication of a third party, the republication was made without a disclosure by the maker that the Disclosure is based on a republication and that the maker has not verified the original statement. Provides similar requirements for an action based on an allegedly false, inaccurate, or misleading Year 2000 statement. Provides that, in any covered action in which the adequacy of notice about Year 2000 processing is at issue, and except as provided by contract, the posting of notice by the entity purporting to have provided such notice on that entity's Year 2000 Internet Website shall be presumed to be an adequate mechanism for providing such notice. Prohibits in any covered action a Year 2000 Disclosure from being interpreted or construed as an amendment to or alteration of a written contract or warranty, whether entered into by a public or private party (with exceptions). Authorizes a Federal entity, agency, or authority to expressly designate requests for the voluntary provision of information relating to Year 2000 processing as "Special Year 2000 Data Gathering Requests," thereby protecting information received from such requests from: (1) disclosure to any third party, including disclosure under the Freedom of Information Act; and (2) use in any civil action arising under any Federal or State law (with an exception). Provides exclusions from this Act. Makes this Act applicable to any Year 2000 Disclosure made on or after January 1, 1998, through December 31, 2001. Provides for the treatment of prior written disclosures.
United States · United States Congress · 6 August 1998
Crime Does Not Pay Act of 1998 - Amends the Omnibus Crime Control and Safe Streets Act of 1968 to provide for a reduction by five percent (and redistribution to States in compliance) of funds available for a State under the drug control and system improvement (Byrne) grant program unless, on the first day of each fiscal year after FY 2000, the State has in effect throughout the State a law which prohibits any individual who has been convicted of a felony from recovering, in any civil action under the law of such State, any compensatory, actual, or general damages for any physical or mental injury, harm, or suffering caused in the commission of the felony.
United States · United States Congress · 6 August 1998
Buffalo Coin Act of 1998 - Directs the Secretary of the Treasury to mint and issue half-dollar coins based on the original five-cent coin designed by James Earle Fraser and minted from 1913 to 1938. Mandates that: (1) each coin have a profile representation of a Native American on the obverse side and a representation of a buffalo on the reverse side; (2) coin design be selected by the Secretary and reviewed by the Citizens Commemorative Coin Advisory Committee; and (3) a $3 sales surcharge be imposed per coin and distributed to the National Museum of the American Indian to commemorate its tenth anniversary and to supplement its endowment and educational outreach funds.
United States · United States Congress · 4 August 1998
Expresses the sense of Congress that State and local governments and local educational agencies are encouraged to: (1) dedicate at least one day of learning to the study and understanding of the significance of the Declaration of Independence, the Constitution, and the Federalist Papers; and (2) include a requirement that, before receiving a certificate or diploma of graduation from high school, students be tested on their competency in understanding those works.
![Official portrait of Rep. Hayworth, J. D. [R-AZ-5]](https://www.congress.gov/img/member/h000413_200.jpg)