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![Official portrait of Rep. Johnson, Harold T. [D-CA-1]](https://www.congress.gov/img/member/j000135_200.jpg)
United States · Official source
No stored named vote for this person. House roll-calls come from Congress.gov; Senate member lists come from senate.gov LIS XML.
United States · United States Congress · 13 December 1980
Expresses the sense of the House of Representatives that the Board of Governors of the Federal Reserve System should immediately take all necessary steps to reduce interest rates.
United States · United States Congress · 2 December 1980
Designates the Federal Building-United States Courthouse in Sacramento, California, as the John E. Moss Federal Building-United States Courthouse.
United States · United States Congress · 21 November 1980
Designates the United States Post Office Building in Portsmouth, Ohio, as the William H. Harsha United States Post Office Building.
United States · United States Congress · 17 November 1980
Declares five named individuals to have been lawfully admitted to the United States for permanent residence under the Immigration and Nationality Act.
United States · United States Congress · 17 November 1980
Directs the Secretary of the Treasury to pay a specified sum to a named individual in full satisfaction of a claim against the United States.
United States · United States Congress · 30 September 1980
Interstate Compact - Grants Congressional consent to the Tahoe Regional Planning Compact between California and Nevada, which concerns the conservation of the waters of Lake Tahoe and of the resources of the area around such lake. Authorizes the Secretary of Agriculture and the heads of other appropriate agencies, upon the request of the Tahoe Regional Planning Agency, to cooperate with such agency in all respects compatible with carrying out the normal duties of their agencies.
United States · United States Congress · 17 September 1980
Special Areas Soil Conservation Act of 1980 - Directs the Secretary of Agriculture to establish a program for the conservation of soil, water, and related resources in special areas designated pursuant to this Act by providing technical and financial assistance to owners and operators of farm, ranch, and certain other lands. Limits such assistance on State, county, and other public land to those lands that are an integral part of a private farm operating unit and under the control of the private landowners or operators. Authorizes the Secretary to enter into contracts with such owners and operators to assist them to: (1) make changes in their cropping systems to conserve or protect the resources of their lands; and (2) implement soil and water conservation measures needed under such systems and uses. Requires such landowners and operators to furnish the Secretary with a plan outlining conservation operations and land use developed in cooperation with and approved by the soil and water conservation district in which the lands are situated. Sets forth the terms to which landowners and owners must agree and in return for which the Secretary shall agree to share an appropriate portion of the costs of conservation treatment. Authorizes the Secretary: (1) to terminate or modify such contracts in the public interest; or (2) to enter into further contracts to maintain a conservation practice or measure. Directs the Secretary to provide assistance to special areas described in this Act and to such additional special areas as the Secretary designates as having chronic soil, water, and related resources conservation problems. Directs the Secretary to develop and implement a plan for each designated special area, taking into consideration relevant Federal, State, and local programs. Allows such special areas to be designated during the ten years following the passage of this Act. Allows such contracts to be entered into during the ten years following the designation of the special area to which they relate. Limits such contracts to ten years in duration and to amounts not in excess of appropriations provided for such purpose. Directs the Secretary to: (1) submit special area plans to the appropriate committees of Congress; and (2) enter into such contracts only after such committees have passed resolutions approving the designated special areas described in such plans. Authorizes the Secretary to: (1) utilize specified services and facilities in carrying out this Act; (2) expend funds for research in developing new technology to control resource problems in designated areas; and (3) provide grants to States within designated areas to evaluate and analyze the impact of local and State taxes on the conservation treatment needed for an effective program. Authorizes appropriations to carry out this Act. Directs the Secretary to: (1) report to Congress annually for the first five years of the program; and (2) protect program participants from disqualifications, discrimination, eligibility reduction or forfeiture, or penalty under other agricultural programs for participating in the program authorized by this Act.
United States · United States Congress · 28 August 1980
American Wine Labeling Equity Act - Requires the wine ingredient labeling regulations promulgated by the Bureau of Alcohol, Tobacco, and Firearms pursuant to the Federal Alcohol Administration Act to be applied to foreign producers of wine imported into the United States as well as to American producers.
United States · United States Congress · 28 August 1980
Batch Identification Number Protection Act - Establishes a civil penalty of $10,000 for any person engaged in the sale of a good, the producer of which is required under Federal law or regulation to include a batch identification number, who renders such number unusable. Authorizes the Attorney General to bring civil actions in Federal district court to collect such penalties.
United States · United States Congress · 27 August 1980
Designates March 16 of each year as "Freedom of Information Day."
United States · United States Congress · 26 August 1980
Changes the name of Aubrey Lake, Texas, to Ray Roberts Lake.
United States · United States Congress · 20 August 1980
Coal Pipeline Act of 1980 - Title I: Rights-of-Way Across Non-Federal Lands - Provides that any person holding a certificate of public convenience and necessity to transport coal by coal pipeline may acquire rights-of-way over, under, upon, or through non-Federal lands owned by common carriers engaged in such transportation by the exercise of the power of eminent domain in the appropriate United States district court or State court. Requires such person to attempt to acquire any right-of-way through negotiation prior to exercising such power. Declares that nothing in this Act shall be construed to permit such person to use or develop water through the exercise of such power. Prohibits any right-of-way through historic sites, wilderness areas, or wildlife refuges unless there is no alternative route and plans are made to minimize harm to such sites. Authorizes the Interstate Commerce Commission to issue a certificate of public convenience and necessity to any applicant seeking to construct, extend, or acquire a coal pipeline, upon a written determination of certain findings. Includes within such findings that: (1) the applicant has the technical and financial capability to construct, operate, and maintain the pipeline; (2) the pipeline is or will be of present or future public convenience and necessity; (3) the pipeline provides the capacity of a common carrier; (4) rates to be charged will be less than those charged by common carriers; and (5) the pipeline will not materially impair the financial ability of any other common carrier to provide transportation. Directs the Commission to include in its determination a discussion addressing issues concerning transportation, energy, and water needs and their effect on existing carriers, rate levels, and the need for the pipeline. Prohibits the issuance of a certificate until the applicant has complied with all requirements of the Commission, including: (1) submitting plans, contracts, or agreements concerning the intended use of the pipeline; (2) identifying all parties when such applicant is a business entity; (3) preparing an environmental impact statement; and (4) agreeing in writing to be deemed a Federal agency for purposes of this Uniform Relocation Assistance and Real Property Acquisition Policy Act of 1970 with respect to acquisition of rights-of-way. Sets forth the procedure and timetable of the Commission after receipt of an application for a certificate, including notifying the Governor of each affected State, requesting the Secretaries of Transportation, Energy, and the Interior to submit findings, and requesting the Attorney General to conduct an antitrust review. Requires each applicant to reimburse the Commission for administrative and other costs relative to processing its application. Prohibits the issuance of a certificate prior to public notices and hearings in accordance with provisions of this Act. Subjects any certificate holder to the jurisdiction of the Commission over rates and charges as a pipeline carrier, and requires such person to provide service to any other persons seeking service during planning phases and those seeking unutilized capacity of the coal pipeline. Requires that each certificate contain such terms and conditions as the Commission deems necessary to protect the public interest. Prohibits transportation of coal in a certified pipeline if such coal is to be used by the carrier or by a person which controls or is controlled by such carrier. Prohibits the transportation of coal owned, mined, or supplied by the carrier or by a person which controls or is controlled by the carrier. Sets limitations on the amount of coal which may be transported in a certified pipeline if such coal is mined or to be used by an affiliate of the carrier. Specifies certain exemptions from such prohibitions. Permits a prospective applicant to petition the Commission for a determination of such control prior to making application for a certificate. Allows any person or governmental entity to use the power of eminent domain under Federal or State law to acquire any portion of a right-of-way acquired in whole or part under this Act so long as such use is consistent with the operation and maintenance of such pipeline. Authorizes a person to abandon or discontinue using such pipeline under specified conditions. Sets forth procedures for such abandonment. Title II: Rights-of-Way Across Federal Lands - Authorizes the Secretary of the Interior, after consultation with other agencies, departments, or instrumentalities of the United States administering any Federal lands, to grant or renew to a person holding a certificate rights-of-way over, under, upon, or through such Federal lands. Directs the Secretary to enter into interagency agreements with the heads of such agencies, departments, or instrumentalities in order to achieve specified goals, including: (1) avoiding duplication; (2) assigning responsibility; and (3) expediting review of applications for rights-of-way. Directs that such department heads shall administer and enforce the provisions of this Act and related regulations. Prohibits any right-of-way through historic sites, public parks, recreation areas, wilderness areas, or wildlife refuges unless there is no alternative route, and planning is conducted so as to minimize harm to such sites. Authorizes the Secretary to issue such regulations as may be necessary to carry out this Act as regards the requirement that a coal pipeline over, under, upon, or through Federal lands be located underground. Title III: General and Miscellaneous Provisions - Directs that the Federal Government cannot appropriate water within any State for use in a coal pipeline without complying with State law, nor can it claim water for a coal pipeline under the reserved rights doctrine unless such reservation is express. Directs that nothing in this Act is intended to grant any right of water use for a coal pipeline or to excuse any person from obtaining and maintaining a water permit or authorization pursuant to State law. Authorizes any State issuing a State water permit or authorization to a pipeline for which a certificate of public convenience and necessity was issued or a right-of-way was granted under this Act to condition the water rights of such pipeline to effectuate a legitimate State public interest. Authorizes the Attorney General, at the request of the Commission or the Secretary, to institute a civil action in the appropriate District court to enforce provisions of this Act. Sets forth penalties for failure to comply with this Act. Requires that all such pipelines be buried underground to the maximum extent possible. Directs the Secretary of Transportation to issue regulations establishing Federal standards for the safe construction, operation, and maintenance of such pipelines. Exempts from this Act any coal pipeline which was in operation on January 1, 1979.
United States · United States Congress · 18 August 1980
Authorizes and requests the President to designate September 18, 1980, as "Constantino Brumidi Day."
United States · United States Congress · 31 July 1980
Directs the printing as a House document of a collection of statements made in tribute to the late Mamie Doud Eisenhower. Authorizes the additional printing of copies for use by the House at a cost not to exceed $1,200.
United States · United States Congress · 31 July 1980
Small Business Participating Debentures Act of 1980 - Amends the Internal Revenue Code to apply long-term capital gains treatment to amounts actually paid to a taxpayer in respect to a small business participating debenture which constitute the distribution of a share of the earnings of the issuer. Defines "small business participating debenture" (SBPD) as a written debt instrument issued by a qualified small business which: (1) is a general obligation of such business; (2) bears interest at not less than specified by the Secretary of the Treasury; (3) has a fixed maturity; (4) grants no voting or conversion rights in the business to the purchaser; and (5) provides for the payment of a share of the issuer's total earnings. Limits "qualified small business" to one (whether or not incorporated): (1) whose equity capital does not exceed $25,000,000; (2) the face value of all of whose outstanding SBPD's does not exceed $1,000,000; and (3) which has no outstanding securities subject to regulation by the Securities and Exchange Commission. Treats members of a controlled group of corporations as a single taxpayer. Denies capital gains treatment where the taxpayer is a "related party" to the SBPD issuing corporation. Treats losses on small business participating debentures as ordinary losses. Allows an interest expense deduction for interest and share-of-earnings payments made on such debentures.
United States · United States Congress · 25 July 1980
Title I: Short Title; Findings and Declaration of Policy; Definitions - Western Lands Distribution and Regional Equalization Act of 1980 - States that the practice of retaining Federal ownership to territory within the borders of States located west of the one-hundredth meridian as a condition precedent to their admission into the Union has impinged on the sovereignty of such States in derogation of the tenth amendment to the Constitution. Declares that the United States shall hold all federally owned, unreserved, and unappropriated lands located within such States in trust for such States and shall transfer ownership and administration of such lands to such States when they have adopted legislation which provides a uniformity of State and Federal law relating to land administration, conservation, and use. Excludes from transfer, in implementing such policy: (1) all Federal lands within national parks, national monuments, and national wildlife and migratory bird sanctuaries established prior to July 25, 1980; (2) lands within Indian or military reservations; (3) lands necessary to the operation and access to shipyards, docks, security and defense establishments and other buildings housing operations of the United States Government; and (4) lands selected pursuant to the Alaska Native Claims Settlement Act and the Alaska Statehood Act. Title II: Federal Land Transfer Board - Authorizes the Governor of any State seeking to acquire such unreserved and unappropriated lands to petition the President within 60 months of the enactment of this Act to establish a Federal Land Transfer Board for such State. Directs the President to establish such a Board consisting of State and Federal members within 90 days of the receipt of such an application. States that the Board shall serve until all conveyances of such lands within the State are carried out. Requires each Federal Land Transfer Board to coordinate its activities with the State land commission established pursuant to this Act. Directs each Board to carry out the required land transfers within two years of its determination that a State's application meets the requirements of this Act. Empowers the Land Transfer Boards to resolve land claims and disputes arising from the implementation of this Act. Grants any State aggrieved by a decision of a Land Transfer Board on its application the right to a public hearing and review before the Board. Empowers the United States courts of appeals to hear appeals from final orders of the Boards. States that judicial review shall be on the record made before the Board and that the Board's findings shall be conclusive if supported by substantial evidence. States that the judgment of the court of appeals shall be subject to review only by the United States Supreme Court upon a writ of certiorari or certification. Title III: State Land Commissions - Requires each State seeking the conveyance of unreserved and unappropriated land under this Act, to establish a State land commission board to: (1) hold any transferred lands in trust for all people of the United States; (2) manage such lands to maximize conservation and permit compatible land uses; (3) protect the interests of persons who have acquired rights in such land under Federal law; (4) collect fees, rents, and royalties, issue licenses, conduct surveys, and perform other administrative functions relating to such lands; (5) transfer to the United States those property interests necessary to continue lawful Federal activities; and (6) continue to administer lands previously administered by the United States pursuant to a treaty or interstate compact in conformance with the terms of such treaty or compact. Requires States to make payments to local governments at least equivalent to the amount which would have been paid if such land had remained in Federal ownership. Directs each State land commission board to coordinate its activities with the appropriate Federal Land Transfer Board. Title IV: Miscellaneous - Declares that the United States shall retain control over the oceans, seas, navigable rivers, streams, and lakes, and projects of the Corps of Engineers and the Water and Power Resources Service. Directs the President to modify agreements with other nations if necessary to implement this Act. Grants the consent of Congress to any interstate compact relating to the management and use of lands if it has been approved by the appropriate Federal Land Transfer Boards. Authorizes appropriations to carry out the provisions of this Act.
United States · United States Congress · 21 July 1980
Petroleum Displacement Act of 1980 - Amends the Powerplant and Industrial Fuel Use Act of 1978 to repeal certain prohibitions and limitations on the use of natural gas as a primary energy source in electric powerplants. Repeals the authority of the Secretary of Energy to prohibit the use of petroleum or natural gas or both as a primary energy source in electric powerplants where coal or alternate fuel capability exists. Makes certain technical and conforming amendments.
United States · United States Congress · 2 July 1980
Expresses the sense of the Congress that U.S. foreign policy should reflect a national strategy of peace through strength with specified principles and goals.
United States · United States Congress · 24 June 1980
Designates the outpatient clinic of the Veterans Administration Medical Center in Fresno, California, as the "Victor Maghakian Clinic."
United States · United States Congress · 18 June 1980
Amends the John F. Kennedy Center Act to increase the responsibility of the Secretary of the Interior, acting through the National Park Service, as regards the John F. Kennedy Center for the Performing Arts to include structural and other building repairs, maintenance, security, and utilities. Limits the Secretary's responsibility for utilities to 70 percent of the total cost of such utilities at the Center. Limits the responsibilities of the Secretary as regards maintenance and janitorial services at the Center. Authorizes the Secretary to furnish, on a reimbursable basis, either directly or by contract, services which are the responsibility of the Board of Trustees of the Center. Adds the Secretary of the Interior and the Secretary of the Treasury to the Board. Directs the Secretary of the Treasury to forgive the Board from payment of interest due and accruing on parking revenue bonds under specified circumstances. Authorizes the Center to issue additional revenue bonds to the Secretary.
United States · United States Congress · 13 June 1980
Public Buildings Act Amendments of 1980 - Amends the Public Buildings Act of 1959 to authorize the Administrator of General Services to carry out preliminary engineering and design for the alteration of a public building before a project for such alteration is authorized. Requires approval by the appropriate congressional committees before: (1) acquiring a public building by exchange of property worth more than $500,000; (2) leasing space in a building at a rate in excess of $500,000; (3) altering leased premises if the cost of alteration exceeds $250,000; and (4) reducing the amount of space in an approved project by more than ten percent. Prohibits the Administrator from leasing any space to accommodate the following, except as may be necessary to meet immediate and urgent requirements that cannot be met in public buildings: (1) major computer operations; (2) secure or sensitive activities related to the national defense or security; (3) offices which would require major alterations; or (4) a permanent court room, judicial chamber, or administrative office for any United States court. Prohibits the Administrator from entering into any lease providing for a rental which exceeds the average of commercial rentals for space and services of nearest comparable quality by more than five percent. Directs the Administrator to submit to Congress, not later than the 15th day after Congress convenes each year, a program for that calendar year of projects and actions which the Administrator deems necessary to carry out any duties under the Act. Amends the Act to prohibit the Administrator from using the name of any individual, living or dead, in the name or other designation of any building under the custody and control of the General Services Administration. Repeals the authority of the Administrator to provide space by entering into purchase contracts under the Public Buildings Amendments of 1972. Directs the Administrator to provide, for employees and visitors, sheltered and secure locations and equipment for parking bicycles at public buildings and at buildings leased by the Administrator.
United States · United States Congress · 12 June 1980
Authorizes and requests the President to designate October 12 through October 19, 1980, as "Italian-American Heritage Week."
United States · United States Congress · 11 June 1980
Expresses the sense of Congress that the provisions of law requiring twice a year cost of living adjustments for Federal civil service and military retirees should not be changed.
United States · United States Congress · 11 June 1980
Farm Credit Act Amendments of 1980 - Title I: Federal Land Banks and Associations - Amends the Farm Credit Act of 1971 to authorize any Federal land bank, under the supervision of the Farm Credit Administration, to: (1) participate in loans with other Farm Credit System institutions (i.e., Federal land banks, Federal land bank associations, Federal intermediate credit banks, production credit associations, and banks for cooperatives); (2) participate in loans which the land banks are authorized to make with lenders which are not Farm Credit System institutions; (3) sell interests in loans to such lenders; (4) buy from and sell to Farm Credit System institutions interests in loans and in other financial assistance extended and nonvoting stock; (5) make other investments; (6) accept contributions to their capital from Federal land bank associations; (7) enter into agreements with other Farm Credit System institutions to share loan and other losses; (8) issue nonvoting stock to borrowers as a patronage refund; and (9) make or participate with other lenders in long-term real estate mortgage loans not exceeding 85 percent of the appraised value of the real estate security. Makes producers and harvesters of aquatic products eligible for Federal land bank services. Authorizes Federal land bank associations to make capital contributions to a Federal land bank. States that a member of a Federal land bank association need not make the required purchases of land stock with respect to that part of a loan derived from a lender which is not a Farm Credit System institution. Authorizes the Federal land bank associations to pay dividends on a differential basis between different classes and issues of stock and participation certificates corresponding to the value of such classes and issues to the capital or earnings of the Federal land bank in its district. Permits the Federal land bank associations to agree to share loan and other losses with other Farm Credit System institutions. Title II: Federal Intermediate Credit Banks and Production Credit Associations - Authorizes the Federal Intermediate Credit Banks, subject to the supervision of the Farm Credit Administration, to: (1) buy from and sell to Farm Credit System institutions interests in loans and in other financial assistance extended and nonvoting stock; (2) make other investments; (3) agree to share loan and other losses with other Farm Credit System institutions; (4) participate with other Farm Credit System institutions in making loans; and (5) issue nonvoting stock to such institutions. Authorizes the Federal intermediate credit banks to discount, or purchase from other financial institutions, loans made to producers and harvesters of aquatic products. Authorizes each production credit association, subject to the supervision of the intermediate credit bank in its district and the Farm Credit Administration, to: (1) buy from and sell to any bank in the Farm Credit System interests in loans, other financial assistance extended, and nonvoting stock; (2) participate in loans with other Farm Credit System institutions; (3) agree to share loan and other losses with other Farm Credit System Institutions; (4) issue participation certificates to eligible borrowers in lieu of nonvoting stock; and (5) issue participation certificates or nonvoting stock to any financial institution outside the Farm Credit System with which the association participates in a loan in satisfaction of the requirement that a borrower own such stock or participation certificates. Requires a borrower to own only that amount of stock or participation certificates which is proportionate to that portion of a loan retained by a production credit association when it participates with another lender in making a loan. Authorizes the production credit association to extend loan assistance to bona fide farmers, ranchers, and producers and harvesters of aquatic products for basic processing and marketing directly related to the borrower's operations. Requires the borrower's operation to provide a specified percentage of the total processing or marketing for which financing is extended. Title III: Banks For Cooperatives - Empowers each bank for cooperatives, subject to the supervision of the Farm Credit Administration, to: (1) participate with other Farm Credit System institutions in making loans; (2) deposit its securities and current funds with any domestic or foreign financial organization (presently, such deposits must be made at a member bank in the Federal Reserve System); (3) buy and sell bankers acceptances which are obligations of member banks in the Federal Reserve System; (4) buy and sell other obligations including those which arise in the course of transactions which the bank has assisted through loans; (5) buy from and sell to Farm Credit System institutions interests in loans and in other financial assistance extended and nonvoting stock; (6) make other investments; (7) invest in foreign and domestic business entities to facilitate the obtaining of credit information and the performance of services related to international transactions; (8) maintain credit balances to assist in the transfer of funds between parties to authorized transactions; (9) agree to share loan and other losses with other Farm Credit System institutions; and (10) issue participation certificates to parties who may not be issued voting stock. Requires all participation certificates, voting and nonvoting stock issued by the banks for cooperatives to be retired at par value. Authorizes the banks for cooperatives to: (1) offer a currency exchange for eligible cooperative associations; and (2) extend loans, loan participation commitments, and other technical and financial assistance to any domestic or foreign party in which a member cooperative has an ownership interest or which engages with the cooperative in dealings in agricultural or aquatic products, farm supplies or the lease of property, provided such assistance substantially benefits the member cooperative. Sets forth guidelines for regulations governing the extension of such assistance. Enables cooperatives solely engaged in furnishing aquatic business services to borrow from the banks for cooperatives. Reduces the degree of ownership in a cooperative which must be held by farmers, producers or harvesters of aquatic products, or other cooperative associations in order to make such a cooperative eligible to borrow from a bank for cooperatives. Requires a bank for cooperatives to retire any equity held by a borrower in default or dissolution at fair market value not to exceed the par value of the equity interest of the borrower. Prohibits the retirement or cancellation of such an equity interest if the bank's capital structure would be adversely affected. Permits each bank for cooperatives to transfer more than 25 percent of its net annual savings to a surplus account. Authorizes the banks for cooperatives to pay patronage refunds to borrowers in the form of participation certificates. Title IV: Provisions Applicable to Two or More Classes of Institutions of the System - Declares that interest rates established by the Farm Credit Administration for loans made by Farm Credit System institutions and by specified agricultural credit corporations shall preempt any interest rate limitation imposed by State law. States that when two or more Farm Credit System institutions participate in a loan as authorized by this Act, the terms of such loan shall be those agreed upon by the institutions. Requires that such factors as borrower eligibility, membership, term, amount, loan security and purchase of stock or participation certificates by the borrower are to be governed by the provisions of law applicable to the institution originating the loan. Exempts credit transactions of Farm Credit System institutions and specified agricultural credit corporations from the provisions of any State statute or any other law or regulation which impose, with regard to a credit transaction, any duty or requirement which is similar to those which have been imposed by the Truth in Lending Act. Requires each Federal land bank association and production credit association to prepare a program for furnishing sound and constructive credit and related services to young, beginning, and small farmers and ranchers. Directs the Federal land bank and the Federal intermediate credit bank for each district to annually obtain reports of activities under such programs. Authorizes the institutions of the Farm Credit System to organize corporations to perform non-lending functions and services which such institutions are authorized to perform. Empowers the Governor of the Farm Credit Administration to review and revise the charters of such corporations. States that such corporations shall be subject to supervision and examination by the Administration. Applies State and other laws relevant to organizing banks to such corporations, except for specified tax exemptions. Authorizes the sale to Farm Credit System members of insurance to protect the loan commitment and the member's farm or aquatic unit, with specified limitations. Permits banks and associations already offering insurance not authorized by this section to continue to sell such insurance for one year and continue to service such insurance until expiration. Title V: District and Farm Credit Administration Organization - Permits the Virgin Islands to be included within a farm credit district, if the extension of credit and other services in the Virgin Islands is determined to be feasible. Revises the process for the election of farm credit district directors by reducing from three to two the number of nominees on the election poll. Establishes the rate of compensation for the Federal Farm Credit Board at the daily equivalent of the rate prescribed for grade GS-18 of the General Schedule. Authorizes the Board to fix the salary of the Governor of the Farm Credit Administration at any level not exceeding the maximum rate of basic pay in the Executive Schedule. Authorizes the Governor to appoint Deputy Governors to provide assistance in the functioning of the Farm Credit Administration. Exempts the Administration from provisions of Federal law relating to appointments in the competitive civil service, travel expenses, allowances, procurement, and property disposition. Credits employees of Farm Credit System institutions with specified leave and retirement benefits when they are transferred to Federal service in the Farm Credit Administration. Authorizes the banks of the System, with the concurrence of two-thirds of the district boards, to sell or otherwise dispose of any interest in property. Requires the Farm Credit Administration to make annual reports to Congress which include a summary of any unresolved differences arising out of consultations with the Board of Governors of the Federal Reserve System and the Comptroller of the Currency and a summary and analysis of specified reports submitted to such Administration by the Federal land banks and Federal intermediate credit banks relating to programs for serving young, beginning, and small farmers and ranchers. Eliminates the requirement that such Administration maintain its principal office in the District of Columbia.
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