United States · United States Congress · 18 June 1986
Social Security Administrative and Investment Reform Act of 1986 - Title I: Establishment of the Social Security Administration - Amends title VII (Administration) of the Social Security Act to establish as an independent executive agency a Social Security Administration, headed by a Social Security Board. Provides that it shall be the duty of the Administration to administer the programs established by titles II (Old Age, Survivors and Disability Insurance) and XVI (Supplemental Security Income) of the Social Security Act. Requires the Board to study and make recommendations as to the most effective methods of providing economic security through social insurance and as to legislation and matters of administrative policy. Establishes in the Administration: (1) a Commissioner of Social Security; (2) a Deputy Commissioner of Social Security; (3) a General Counsel; (4) an Inspector General; and (5) an Office of the Beneficiary Ombudsman, to be headed by a Beneficiary Ombudsman who shall represent the interests of beneficiaries under the Old Age, Survivors and Disability Insurance program and the Supplemental Security Income Program within the Administration. Requires the annual report of the Board to include a description of the activities of the Beneficiary Ombudsman. Requires the Board to make annual budgetary recommendations relating to the Administration. Requires that appropriations requests by the Administration for staffing and personnel be based upon a comprehensive workforce plan as established by the Board. Provides for the apportionment of administrative costs. Requires the annual report of the Board to include a section reflecting the use of budget authority provided to the Administration. Requires that authority for automated data processing procurement and facilities construction be provided in the form of contract authority covering the total cost of such acquisitions. Makes amounts needed for the liquidation of contract authority so provided available from the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund to the extent that such amounts are not needed to meet current obligations for benefit payments. Requires the Board and the Director of the Office of Personnel Management to implement demonstration projects relating to personnel matters. Directs the Board and the Administrator of General Services to implement such projects relating to delegations from the Administrator. Specifies the authorities which are to be delegated to the Board from the Administrator and the Director. Requires the Comptroller General to report to specified congressional committees concerning such projects, including an evaluation of the Board's readiness to assume full and permanent authority. Requires the Board to cause a seal of office to be made and judicial notice taken thereof. Provides for the transfer to the Administration of all functions carried out by the Secretary of Health and Human Services with respect to the programs and activities to be carried out by the Administration under this Act. Abolishes the position of Commissioner of Social Security in the Department of Health and Human Services. Sets forth effective date and transitional rule provisions. Title II: Conforming Amendments and Rules of Construction - Requires the Secretary and the Board to report to the Congress within 120 days after the beginning of each regular session on their administration under this Act. Requires the Secretary to study and make recommendations on the most effective methods of providing economic security and on the administrative policy for the programs. Directs the Board to appoint, quadrennially, an Advisory Council on the Old-Age, Survivors, and Disability Insurance Program and an Advisory Council on Health and Supplementary Medical Insurance to review the relation of the trust funds supporting the OASDI program and the Medicare program and the long-term commitments of those programs. Requires each council to submit a report to the Board for transmittal to the Congress and the Board of Trustees of each Trust Fund. Title III: Management of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund - Amends the OASDI program to direct the Managing Trustee of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund (OASDI trust funds) to immediately invest that portion of the OASDI trust funds which is not required for current withdrawals. Requires the investment to be made in accordance with policies established by the Social Security Board. Prohibits the sale and redemption of OASDI trust fund assets or the expenditure of OASDI trust fund amounts for purposes other than those specified in title II of the Act. Requires members of such trust funds' Board of Trustees to faithfully execute their duties, but does not impose a fiduciary duty. Requires that, in consideration of the public debt limit, required investment of trust fund amounts occur prior to the issuance of other obligations. Directs that tax receipts earmarked for the OASDI program be immediately transferred (currently, monthly transfers are made) from the general fund of the Treasury to the OASDI trust funds. Requires the Board of Trustees of the OASDI trust funds to meet at least twice each year. Sets forth provisions requiring reports by the Board of Trustees and the Managing Trustees to the Congress regarding the operation and status of the OASDI trust funds. Title IV: Additional Matters - Amends the OASDI program to prohibit the payment of OASDI benefits to individuals who have been deported pursuant to the Immigration and Nationality Act because of activities conducted under the direction of or in association with the Nazi government of Germany or its allies. Requires individuals to be paid interim benefits in cases where an administrative law judge has determined their entitlement to certain OASDI or SSI (Supplementary Security Income) benefits, but the Secretary's final decision has not been issued within 90 days of the judge's decision. Excludes any representative of the Department of Health and Human Services, the Social Security Administration, any other agency of such department, or an involved State agency from appearing as a party at an OASDI or SSI benefit hearing or participating in the development of the record of such hearing, unless, in the latter case, the presiding officer requests such participation.
United States · United States Congress · 18 June 1986
Nuclear Winter Research Act of 1986 - Directs the Secretaries of Defense and of Energy to obligate specified amounts out of appropriated funds for FY 1987 through 1991 for nuclear winter research activities. Requires the Secretary of Defense, acting through the Director of the Defense Nuclear Agency, to distribute certain allocations to government and nongovernment entities for nuclear winter research activities. Allocates a specified amount for the Nuclear Winter Study Commission established by this Act. Directs such Commission to conduct a comprehensive study on the consequences of nuclear explosions and exchanges, including the implications of such consequences upon U.S. military and civil defense policies. Requires the Commission to report to the President and the Congress regarding the conduct of such study.
United States · United States Congress · 18 June 1986
Expresses the sense of the Congress that the Equal Employment Opportunity Commission should not take more than 60 days to review and act upon charges filed under title VII of the Civil Rights Act of 1964 by 2,000 or more employees against an employer with which they are engaged in a labor dispute affecting commerce.
United States · United States Congress · 17 June 1986
Amends the National Housing Act to provide the Secretary of Housing and Urban Development with permanent authority to insure mortgages on single-family dwellings.
United States · United States Congress · 17 June 1986
Amends the National Housing Act to extend authority through FY 1987 for: (1) title I financial institution insurance for housing renovation and modernization; (2) general mortgage insurance; (3) low and moderate income and displaced families mortgage insurance; (4) homeownership for lower income families including mortgage insurance authority and housing stimulus authority; (5) mortgage co-insurance, including rental rehabilitation and development projects; (6) graduated payment and indexed mortgage insurance; (7) the demonstration mortgage reinsurance program; (8) mortgage insurance for armed forces' civilian employees and defense housing for impacted areas; (9) mortgage insurance for land development; and (10) mortgage insurance for medical and dental group practice facilities. Sets forth specified limits on FY 1986 and 1987 insured housing loans and on FY 1987 guaranteed mortgage-backed securities. Amends the Housing Act of 1964 to extend urban rehabilitation loan authority through FY 1987. Amends the Housing Act of 1949 to extend Farmers Home Administration authority through FY 1987 for: (1) insured loans for rental and cooperative housing and related facilities for elderly persons and families in rural areas; (2) rural communities with 10,000 to 20,000 population to participate in rural housing programs; and (3) mutual and self-help housing grant and loan authority. Amends the National Flood Insurance Act of 1968 to extend authority for national flood insurance, including emergency implementation and flood-risk zones through FY 1987. Amends the National Housing Act to extend authorities for the national crime insurance program and existing contracts through FY 1987. Amends the Housing and Community Development Act of 1974 to extend community development block grant entitlement authority for certain metropolitan city and urban county areas through FY 1987. Amends the Housing and Urban-Rural Recovery Act of 1983 to extend for 30 days the maximum interest rate limitation on loans for housing and related facilities for elderly or handicapped families through FY 1987. Extends the Home Mortgage Disclosure Act through FY 1987.
United States · United States Congress · 16 June 1986
Commission on the 100th Congress Act - Establishes the Commission for the Bicentennial of the Congress to: (1) organize and coordinate the activities of private individuals and organizations in the commemoration of the bicentennial of the Congress; (2) provide guidance and materials about the Congress to further the celebration; (3) cooperate with the Historians of the Senate and of the House of Representatives in their programs; and (4) prepare materials necessary to enhance public knowledge of the history and accomplishments of the Congress. Requires the Commission to report annually to the Congress with a final report within 90 days after March 4, 1989, containing a detailed statement of its activities and financial operations. Terminates the Commission on June 30, 1989.
United States · United States Congress · 12 June 1986
Amends part E (Foster Care and Adoption Assistance) of title IV of the Social Security Act to require States to annually furnish, and the Secretary of Health and Human Services to annually publish, statistical data on adoptions finalized in the States during the preceding calendar year. Requires that such data include: (1) the number of adoptions finalized; (2) information pertaining to the adopted children as well as their biological mothers and adoptive parents; and (3) the manner in which such children were placed for adoption.
United States · United States Congress · 12 June 1986
Directs the Postmaster General to produce and sell postage stamps commemorating the crew of the space shuttle Challenger. Requires that the design for the stamps be selected from among designs submitted by elementary and secondary school students.
United States · United States Congress · 12 June 1986
Expresses the sense of the House of Representatives the deductibility of contributions to individual retirement accounts should be maintained for all citizens as part of any tax reform legislation.
United States · United States Congress · 12 June 1986
Expresses the sense of the Congress that the threshold for itemized deductions for medical and dental expenses for Federal income tax purposes should not be greater than five percent of adjusted gross income.
United States · United States Congress · 11 June 1986
Child Protection Act of 1986 - Amends the Racketeer Influenced and Corrupt Organizations (RICO) Statute to extend its coverage to the sexual exploitation of children. Allows any person injured personally or in his business or property by such violations to bring a civil suit for treble damages. Amends the Federal criminal code to require a mandatory life sentence in kidnapping offenses involving the murder of a minor. Establishes mandatory minimum sentences for the sexual exploitation of minors. Provides that the period of any applicable limitation for the commencement of prosecution for certain offenses involving the sexual exploitation of children shall not begin until the child has reached the age of 18 years. Directs the Attorney General to submit a report to the Congress detailing possible changes in the Federal Rules of Evidence, the Federal Rules of Civil Procedure, the Federal Rules of Criminal Procedure, and other procedures which would facilitate the participation of child witnesses in cases involving child abuse and sexual exploitation. Directs the Attorney General to modify the classification system used by the National Crime Information System and the Federal Bureau of Investigation with respect to offenses involving the sexual exploitation of children by: (1) including the age of the victim and the relationship of the victim to the offender; and (2) using a uniform definition of a child. Grants the Postal Service certain authority with respect to the seizure and forfeiture of materials used in, or depicting, the sexual exploitation of children. States that amounts received from such forfeitures shall be deposited in the Postal Service Fund.
United States · United States Congress · 11 June 1986
Directs the Postmaster General to produce and sell postage stamps commemorating the crew of the space shuttle Challenger. Requires that the design for the stamps be selected from among designs submitted by elementary and secondary school students.
United States · United States Congress · 11 June 1986
Expresses the sense of the House of Representatives that unless the Health Care Financing Administration allocates sufficient funds and takes other action to ensure prompt payment of Medicare claims, the House of Representatives should adopt legislation ensuring prompt claims payment.
United States · United States Congress · 11 June 1986
Expresses the sense of the Congress that the Director of the National Institutes of Health should transfer the Silver Spring Monkeys to the Primarily Primates, Inc., animal sanctuary in San Antonio, Texas.
United States · United States Congress · 10 June 1986
Expresses the sense of the House of Representatives that unless the Health Care Financing Administration allocates sufficient funds and and takes other action to ensure prompt payment of Medicare claims, the House of Representatives shall adopt legislation ensuring prompt claims payment.
United States · United States Congress · 10 June 1986
Honors the late Portuguese diplomat, Dr. Aristides de Sousa Mendes do Amarel e Abranches, for his extraordinary acts of mercy and justice during World War II.
United States · United States Congress · 5 June 1986
Requires the President, by the later of 60 days after enactment of this Act or August 1, 1986, to report to the Congress on: (1) the status of implementation of the recommendations of the President's Commission on Industrial Competitiveness; and (2) future plans for implementation of such recommendations.
United States · United States Congress · 4 June 1986
Amends the Disaster Relief Act of 1974 to establish a cost-sharing formula for certain Federal disaster assistance programs. Declares the Federal share of assistance to be 75 percent for the repair of damaged public facilities and debris removal on the condition that remaining costs are paid by a State or local government. Declares the Federal share of assistance to be 100 percent for: (1) unemployment assistance; (2) temporary housing assistance; and (3) crisis counseling assistance and training.
United States · United States Congress · 22 May 1986
Micro-Enterprise Promotion Act of 1986 - Amends the Agricultural Trade Development and Assistance Act of 1954 to provide for a program to use the foreign currency proceeds of U.S. agricultural commodity sales abroad to provide loans through financial intermediaries to micro-enterprises owned by the poor in developing countries. Defines "micro-enterprise" as a small enterprise operating within the informal sector economy of a developing country which lacks access to foreign credit sources. States that for FY 1987 through 1990 foreign currencies shall be made available for such program in an aggregate amount of between 20 percent and 30 percent of the value of all such foreign currency commodity sales.
United States · United States Congress · 22 May 1986
Federal Product Liability Reofrm Act of 1986 - Title I: - Sets forth findings and purposes of this Act. Title II - Limits the amount of damages which may be recovered against a product seller for noneconomic losses to $250,000. Makes a product seller who has acted with flagrant indifference to consumer safety liable for punitive damages. States that punitive damages may not be awarded in the absence of a compensatory award. Limits the amount of punitive damages which may be recovered. Provides that all product liability actions shall be governed by the principles of comparative responsibility. Specifies the manner in which damages are to be apportioned. Requires the reduction of any damages award by any amount received by the claimant from collateral sources (including workers' compensation benefits). Establishes a two-year statute of limitations and a ten-year statute of repose. Preempts inconsistent State and Federal laws.
United States · United States Congress · 22 May 1986
Farm Employment and Enterprise Development Act of 1986 - Title I: Designation of Enterprise Zones - Amends the Internal Revenue Code to provide for the designation of enterprise zones by the Secretary of Housing and Urban Development. Specifies that States and local governments shall nominate areas for such designation. Limits to 100 the total number of areas which may be designated as enterprise zones. Limits the period during which such designations shall remain in effect to a maximum of 25 years. Specifies that the Secretary may designate such zones only if: (1) the area is within the jurisdiction of the nominating local government; (2) the boundary of the area is continuous; (3) the area has a population of at least 1,000 or is entirely within an Indian reservation; and (4) the area meets specified unemployment and poverty requirements. Requires nominating local governments, as a condition of the Secretary's designation, to agree in writing to follow a course of action which may include reducing tax rates, improving local services, and providing job training to residents of the area. Terminates the authority of the Secretary to designate rural enterprise zones on June 30, 1989, or three years after the publication of regulations pertaining to such zones, whichever is later. Describes areas to which preference shall be given in deciding to designate enterprise zones. Requires the Secretary to report to the Congress every four years on the effects of such enterprise zones' designation in accomplishing the purposes of this Act. Requires that any property tax reduction effected by a local government under the terms of this Act be disregarded for purposes of determining the eligibility of a State or local government for Federal assistance or benefits. States that the designation of an enterprise zone shall not give displaced persons from such an area any rights or benefits under the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970. Provides that such enterprise zones shall be treated for all purposes under Federal law as labor surplus areas. Title II: Federal Income Tax Incentives - Subtitle A: Credits for Employers and Employees - Allows employers located in rural enterprise zones a nonrefundable income tax credit for increased employment expenditures and employment of the disadvantaged. Allows a three-year carryback and a 15-year carryover of such credit. Sets the amount of such credit at ten percent of the increase in payroll (taking into account $17,500 in wages per year per employee) plus a specified percentage of wages paid to certain disadvantaged workers through the first 20 years of the enterprise zone designation. Phases out such credit in the last four years of the enterprise zone designation. Disallows a deduction for the portion of wages taken into account for such credit. Allows an income tax credit to enterprise zone employees for five percent of wages earned (taking into account up to $10,500 per year). Phases out such credit in the last four years of the enterprise zone designation. Subtitle B: Credits for Investment in Tangible Property in Enterprise Zones - Allows businesses an additional investment tax credit for investments made in certain enterprise zone construction property located in enterprise zones. Limits such credit to ten percent for new enterprise zone construction property, including rental property. Requires that the property subject to such credit be located in an enterprise zone, be predominantly used in the zone, be either constructed, reconstructed, renovated, etc. during the period of zone designation or acquired during such period, and not be acquired from relatives or related corporations. Requires the recapture of such credit upon the early disposition of the property. Provides for a phase-out of the enterprise zone tax credit as the enterprise zone ends. Provides for an adjustment to the basis of the enterprise zone construction property to reflect the enterprise zone tax credit. Subtitle C: Nonrecognition of Qualified Enterprise Zone Capital Gain Where Acquisition of Enterprise Zone Business Property - Provides for the nonrecognition of capital gain on the sale of property where, within the one-year period beginning on the date of such sale, qualified replacement property is acquired by the taxpayer, to the extent the gain from the sale does not exceed the cost of the replacement property. Defines "qualified replacement property" as any personal property used predominantly in an enterprise zone in the active conduct of a trade or business within the enterprise zone, any real property located in the enterprise zone used in the active conduct of a trade or business, or any corporation, partnership, or other entity if, for the three most recent taxable years of such entity ending before the date of the purchase of such interest, such entity was a qualified business. Sets forth special rules for the operation of this provision. Requires the basis of the replacement property to be reduced by an amount equal to the amount of gain not recognized on the sale of such other property. Extends the period for the statute of limitations relating to the assessment of tax with respect to the sale of property involving the nonrecognition provisions. Provides that the holding period for the qualified replacement property shall include the period for which the property sold or exchanged had been held as of the date of the sale or exchange. Subtitle D: Deduction for Purchase of Enterprise Stock - Allows a taxpayer to deduct the aggregate amount paid during the taxable year for the purchase of enterprise stock on the original issue of such stock by a qualified issuer. Limits the maximum amount of such deduction to $100,000 a year. Requires that the $100,000 limit be allocated among the members of a controlled group. Requires the pro rata allocation of the $100,000 limit among the stock purchased where the aggregate amount of stock purchased exceeds the $100,000 limitation. Requires that the gain from the disposition of the stock shall be treated as ordinary income. Provides a formula for calculating such gain. Provides that interest be charged on the disposition of such stock if such disposition occurs before the end of the three-year period beginning on the date the stock was purchased. Provides that where an issuer ceases to be a qualified issuer of enterprise stock before the close of the fifth taxable year after the date the stock was issued, the taxpayer must include in income the amount of the deduction allowed with respect to such stock plus interest on the aggregate decrease in tax of the taxpayer resulting from the deduction allowed with respect to such stock. Sets forth special rules with respect to such stock. Requires the basis of such stock to be reduced by the amount of the deduction allowed with respect to such stock. Subtitle E: Rules Relating to Industrial Development Bonds - Provides that limitations on the cost recovery deductions for property financed with tax-exempt industrial development bonds shall not apply to enterprise zone property. Provides that the termination of the small issue exemption shall not apply to industrial development bonds the proceeds of which are used to finance facilities in such enterprise zones. Subtitle F: Ordinary Loss Deduction for Securities of Enterprise Zone Business Which Become Worthless - Permits an ordinary loss deduction for securities of enterprise zone businesses which become worthless during the taxable year. Subtitle G: Increase in Research Credit for Research Conducted in Enterprise Zones - Increases the tax credit for increasing research activities to 37 and one-half percent (currently, 25 percent) for research conducted in enterprise zones. Subtitle H: Sense of the Congress with Respect to Tax Simplification - Expresses the sense of the Congress that the Internal Revenue Service should simplify the administration and enforcement of any provision of the Internal Revenue Code affected by this Act. Subtitle I: Regulations - Directs the Secretary of the Treasury to issue regulations to carry out the provisions of this Act not later than six months after the date of enactment. Title III: Regulatory Flexibility - Revises the definition of "small entity" for purposes of the analysis of regulatory functions to include qualified business, government, and nonprofit enterprises operating within enterprise zones. Authorizes Federal agencies, upon request by a designating government, to waive or modify rules and regulations which pertain to the carrying out of projects or activities within an enterprise zone. Requires agencies to approve such request if the resulting benefits of job creation, community development, or economic revitalization outweigh the public interest in continuation of the rule unchanged. Disallows waiver or modification of a rule that would directly violate a statutory requirement (including the Davis-Bacon Act and Fair Labor Standards Act) or which would present a danger to the public health and safety. Provides that such waivers or modifications of a rule shall remain in effect as long as the zone designations. Amends the Department of Housing and Urban Development Act to direct the Secretary of Housing and Urban Development to promote the coordination of all enterprise zone programs and consolidate all periodic reports required under such programs into one summary report. Title IV: Establishment of Foreign-Trade Zones in Enterprise Zones - Requires the Foreign-Trade Board to consider on a priority basis and expedite the processing of applications for the establishment of foreign-trade zones within enterprise zones. Requires the Secretary of the Treasury to give priority to, and expedite applications for, the establishment of ports of entry necessary to establish such zones. States that, to the maximum extent practicable, foreign-trade zones should be established within enterprise zones.
United States · United States Congress · 22 May 1986
Sub-Saharan Africa Natural Resource and Environmental Management Training and Education Act of 1986 - Requires the President, in order to promote a long-term development program for sub-Saharan Africa, to establish and provide assistance for a training and education program to encourage the development and utilization of appropriate natural resources and environmental management techniques. Requires particular emphasis to be placed on local-level training in techniques using smaller, cost-saving, community-based technologies. Sets forth elements to be included in such program. Requires the training under this program to incorporate women's needs in appropriate proportions to their traditional participation in the targeted activity. Requires each Agency for International Development (AID) development strategy statement for each sub-Saharan African country to include a plan to assist that country in the development of an effective natural resource and environmental management training and education program. Requires program activities to include close consultation with, and involvement of, community and local organizations. Requires the objectives of this Act to be accomplished whenever practicable through private and voluntary organizations or national nongovernmental organizations. Requires AID to make available funds for training and education activities in sub-Saharan African countries in accordance with this Act for FY 1987. Urges AID to request technical assistance from other Federal agencies where appropriate. Requires AID to review and report to the Congress on the effectiveness of existing indigenous capabilities for natural resource and environmental management training.
United States · United States Congress · 22 May 1986
Amends the Internal Revenue Code to provide that the value of transportation provided to any person on a noncommercially operated aircraft shall be considered "no-additional-cost service" and therefore excludible from gross income if: (1) such transportation is provided on a flight made in the ordinary course of the trade or business of the taxpayer owning or leasing such aircraft for use in such trade or business; (2) the flight on which the transportation is provided would have been made whether or not such person was transported on the flight; and (3) no substantial additional cost is incurred in providing such transportation to such person.
United States · United States Congress · 22 May 1986
Amends the Internal Revenue Code to allow homeowners to deduct the full amount of prepaid interest in connection with the refinancing of their principal residences for the taxable year in which paid.
United States · United States Congress · 22 May 1986
Constitutional Amendment - Requires the President, prior to each fiscal year, to transmit to the Congress a proposed Federal budget in which total outlays do not exceed total estimated revenues. Permits the President to recommend an alternative budget in which outlays exceed revenues with a detailed explanation of the need for such excess. Prohibits the Congress from making any law which would cause outlays to exceed revenues in a fiscal year. Permits the Congress to suspend such prohibition in time of war or national emergency by passing a concurrent resolution by a three-fifths vote of both Houses. Prohibits enactment of a bill to increase revenue unless it passes each House of Congress by a majority rollcall vote.
United States · United States Congress · 21 May 1986
Directs the President to appoint the Postmaster General, by and with the advice and consent of the Senate. (Currently, the Board of Governors of the Postal Service makes such appointment.) Requires the Postmaster General to appoint the Deputy Postmaster General. (Currently, the Board of Governors and the Postmaster General make such appointment.) Establishes pay rates for the Postmaster and Deputy Postmaster General. Includes the Postmaster General in the order of succession for acting President. Requires the Comptroller General to annually audit financial activities of the Board of Governors. Requires the Board to make an annual financial report to the President and the Congress on: (1) the pay and reimbursed expenses of each Governor; and (2) all contracts and agreements requiring the payment of funds available to the Board or the Postal Service. Specifies the status of the Postmaster and Deputy Postmaster as full voting members of the Board. Declares this Act effective May 15, 1989.
United States · United States Congress · 20 May 1986
Amends the Small Business Act to set forth specified criteria to be used by the Small Business Administration for determining whether a small business or agricultural cooperative has suffered a substantial economic injury as a result of a disaster or Federal action with respect to the award of economic injury loans. Sets forth the effective date of eligibility for such loans. Prohibits the disapproval of such loans solely on the basis of the indebtedness of the applicant which existed prior to the disaster or Federal action which is claimed to have caused the economic injury.
United States · United States Congress · 20 May 1986
Amends the Internal Revenue Code to allow homeowners to deduct the full amount of prepaid interest in connection with the refinancing of their principal residences for the taxable year in which paid.
United States · United States Congress · 14 May 1986
Amends provisions relating to Federal employee health benefits to authorize direct payment or reimbursement for services performed by a: (1) chiropractor; (2) qualified clinical social worker; (3) marriage and family therapist; and (4) nurse midwife, nurse practitioner, and any other nurse. Declares that this Act does not supersede or preempt any State or local law which relates to licensing or certification of health practitioners.
United States · United States Congress · 14 May 1986
Designates the school year of September 1986 through May 1987 as National Year of the Teacher and January 28, 1987, as National Teacher Appreciation Day.
United States · United States Congress · 14 May 1986
Requests the President to establish a cooperative international research program concerning the greenhouse effect of increased concentration of carbon dioxide and greenhouse gases in the Earth's atmosphere. Requires any such program established by the President to be started during or before 1990.
United States · United States Congress · 13 May 1986
Amends the Freedom of Information Act to protect from disclosure compilations or lists of names and addresses of members of the armed forces that would be used for purposes of commercial or political solicitation.
United States · United States Congress · 13 May 1986
Amends the Trade Agreements Act of 1979 to repeal the authority in such Act to waive the Buy American Act. Requires Federal agencies to take tax losses and unemployment costs into account in determining the costs of awarding a contract to foreign competitors.
United States · United States Congress · 8 May 1986
Anti-Kickback Enforcement Act of 1986 - Amends the Anti-Kickback Act to rename it the Anti-Kickback Act of 1986 and to revise its provisions regarding kickback practices by subcontractors. Prohibits the payment of kickbacks, the acceptance of kickbacks, attempted kickbacks, and the inclusion of kickback costs in contract expenses ultimately borne by the United States. Increases criminal and civil penalties for such conduct. Authorizes the termination of any prime contract for default if a kickback violation by a subcontractor has occurred. Authorizes the recovery of kickback costs through administrative offsets. Requires prime contractors to report kickback violations to appropriate agency officials or the Department of Justice. Requires employees of prime contractors to file annual declarations with the contracting agency listing compensation of any kind received from subcontractors in the previous year. Authorizes the contracting agency to inspect the facilities and audit the records and books of the prime contractor. (Currently, only the General Accounting Office has such authority.)
United States · United States Congress · 8 May 1986
Self-Insurance Enhancement Act of 1986 - Title I: Expansion of Risk Retention Coverage - Amends the Product Liability Risk Retention Act of 1981 to exempt risk retention groups and purchasing groups (businesses which organize to purchase personal risk and liability insurance on a group basis) from State laws which prohibit, regulate, or otherwise discriminate against such groups. Requires such groups' members to be similarly situated with respect to their exposure to the risk of liability. Permits risk retention groups which are not chartered, licensed, or certified as liability insurance companies by any State to continue to provide insurance to cover product liability or completed operations liability as defined before the enactment of this Act. Requires risk retention groups to comply with State trade practices laws. Allows the insurance commissioner of any State in which a risk retention group is doing business to examine the group's financial condition if the commissioner of the jurisdiction in which the group is chartered has not begun such an examination. Subjects such groups to State no-fault automobile insurance requirements. Limits the authority to provide insurance under such Act to liability insurance. Requires a specified notice on all risk retention group policies. Title II: Amendments of Internal Revenue Code of 1954 - Amends the Internal Revenue Code to allow an eligible taxpayer a deduction for contributions during the taxable year made to a qualified liability trust. Defines eligible taxpayer as a business not covered by any liability policy, whose liability insurance was cancelled, or a business unable to obtain liability insurance. Provides that the qualified liability trust shall pay liability claims against the taxpayer, and no part of the corpus or income of the trust shall be used for, or diverted to, any purpose other than the payment of claims or related expenses. Provides that the liability trust shall be exempt from taxation. Imposes a penalty tax on any distributions from the trust to the taxpayer and includes such amounts in the income of the taxpayer where the trust is required to distribute amounts in excess of its reasonably anticipated needs. Provides an exception to the restriction of making consolidated tax returns for companies which provide insurance, reinsurance, or administrative services for risk retention groups or purchasing groups.
United States · United States Congress · 8 May 1986
Title I: Short Title; Findings - Child Care Act of 1986 - Sets forth congressional findings regarding the child care policies of the country. Title II: Dependent Care Tax Credit and Voucher System - Part 1: Changes in Dependent Care Tax Credit - Amends the Internal Revenue Code to disallow dependent care tax credits when a taxpayer's adjusted gross income exceeds $50,000. Provides for a yearly cost-of-living adjustment to both base and ceiling amounts. Disallows such credit where any of the employment-related expenses are paid with any vouchers. Part 2: Voucher System for Child Care - Directs the Secretary of Health and Human Services to make grants to each State having an approved plan for child care vouchers for certain low income individuals. Authorizes appropriations for FY 1987 through 1990. Directs the Secretary to establish criteria, standards, and a timetable for the State plan. Requires the Secretary to reimburse a State for 75 percent of its costs under such plan. Provides for proportional allotments based upon the amount received under title XX (Grants to States for Social Services) of the Social Security Act. Permits a State to use block grant funds for the voucher plan. States that the redemption of a voucher for child care services by a child care provider constitutes receipt of Federal funds for purposes of provisions of the Civil Rights Act of 1964 relating to racial discrimination. Prohibits sex discrimination by any child care program. Exempts child care providers serving seven or fewer children. Permits the Secretary to withhold payment from a noncomplying State. Excludes the amount of any voucher from determinations of income or resources for purposes of any Federal or State law. Requires each State to report biennially to the Secretary on the implementation of the plan including the amounts used on vouchers from block grant funds. Requires the Secretary to report to the Congress an analysis of the State reports.
![Official portrait of Rep. Horton, Frank J. [R-NY-29]](https://www.congress.gov/img/member/h000797_200.jpg)