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Official portrait of Rep. Jones, James R. [D-OK-1]

Rep. Jones, James R. [D-OK-1]

United States · Official source

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688 records where Rep. Jones, James R. [D-OK-1] is listed as a sponsor, author, or other actor. Search with topics and years

Resolution· HRESH.Res. 39 (96th)referred

A resolution to establish a Select Committee on Inflation.

United States · United States Congress · 15 January 1979

Establishes in the House of Representatives a Select Committee on Inflation to investigate and study the causes of inflation in the United States, particularly the effect of wages and prices on the cost of goods and services.

Resolution· HCONRESH.Con.Res. 15 (96th)referred

A concurrent resolution to create the Claude Pepper Senior Citizen Intern Program.

United States · United States Congress · 15 January 1979

Establishes the Claude Pepper Senior Citizen Congressional Intern program which authorizes each Member of Congress to hire each year one senior citizen intern to serve within the District of Columbia for one of two two-week periods. Specifies that such intern shall be compensated at a rate not to exceed $300 per week.

Bill· HRH.R. 14220 (95th)referred

A bill to extend temporarily the authority of the Secretary of the Treasury to waive the imposition of countervailing duties.

United States · United States Congress · 3 October 1978

Amends the Tariff Act of 1930 by extending the authority of the Secretary of the Treasury to waive the imposition of countervailing duties. Requires the President, upon the recommendation of the Special Representative for Trade Negotiations, to determine and notify Congress that the Multilateral Trade Negotiations have been substantially completed and that international agreement(s) governing the use of subsidies: (1) have been completed; (2) would be jeopardized by a failure to extend the Secretary's authority; (3) adequately protect United States trading interests; and (4) contain effective provisions for resolutions of disputes.

Bill· HRH.R. 14159 (95th)reported

A bill relating to the interim treatment of controversies involving whether certain individuals are employees for purposes of the employment taxes.

United States · United States Congress · 25 September 1978

Provides that an individual shall not be treated as an employee for purposes of the employment tax if a taxpayer did not treat him as an employee for any period prior to January 1, 1980, and had no reasonable basis for so doing. Sets forth criteria for determining whether a taxpayer had a reasonable basis for not treating an individual as an employee. Prohibits the Internal Revenue Service from issuing regulations or rulings before January 1, 1980, regarding the employment status of any individual for purposes of the employment tax.

Bill· HRH.R. 14164 (95th)referred

Vietnam Veterans Act

United States · United States Congress · 25 September 1978

Vietnam Veterans Act - Title I: Employment - Amends the Internal Revenue Code of 1954 to create a tax credit program for employers hiring eligible Vietnam-era veterans. Defines eligible Vietnam-era veteran for purposes of this Act to include a food stamp requirement. Provides that Vietnam veterans eligible for specified veterans' educational benefits may use up to 12 months of such benefits for employment assistance payments to non-Federal Government employers hiring such veterans. Establishes eligibility requirements and guidelines for participating veterans and employers. Title II: Health and Psychological Care - Authorizes the Veterans' Administration to provide outpatient mental health services to Vietnam veterans with emotional or psychological civilian readjustment problems. Directs the Administrator of Veterans' Affairs to establish a program of treatment for Vietnam-era veterans or members of their immediate families with alcohol or drug abuse problems. Provides that any individual eligible for treatment in either of such readjustment or alcohol or drug abuse programs may elect to have such treatment at any community health center providing such services under the Community Mental Health Centers Act. Directs the Administrator to reimburse such centers for such treatment. Authorizes any employee of the General Accounting Office assigned to duty in a Veterans' Administration health facility to act as ombudsman for the patients of such facility. Title III: GI Bill Education Assistance - Extends the ten year delimiting period for veterans' educational assistance eligibility to January 1, 1984, for veterans discharged before December 31, 1970. Revises the educational supplemental assistance allowance from a flat rate to one in which an eligible veteran pays the first $400 and the Veterans' Administration pays 50 percent of the next $1,200 in tuition and related fees for each school year. Removes the requirement of State matching funds for veterans' accelerated payment of educational assistance allowances. Title IV: Administrative Costs for State Home Loan Programs - Authorizes the Administrator to provide grants to States for start-up costs of veterans' home loan programs. Title V: Commission to Study Veterans' Benefits - Establishes the Commission on Veterans' Benefits to make a comprehensive study of United States laws providing benefits to veterans and their dependents, with particular attention to the needs of Vietnam veterans.

Bill· HRH.R. 13933 (95th)referred

A bill to provide for the deferral of proposed arbitrage bond regulations.

United States · United States Congress · 17 August 1978

Prohibits the issuance of any proposed or final regulations pertaining to arbitrage bonds between August 1, 1978, and December 31, 1979. Invalidates certain Treasury regulations pertaining to arbitrage bonds.

Bill· HRH.R. 13576 (95th)referred

IRA-Employer Plan Coordination Act

United States · United States Congress · 24 July 1978

IRA-Employer Plan Coordination Act - Amends the Internal Revenue Code to extend to participants in tax-exempt employer pension plans the income tax deduction for cash contributions to a retirement savings account. Limits such deduction to the excess of the lesser of $1,500 ($1,750 for spousal plans) or an amount equal to 15 percent of an individual's employment compensation for a taxable year, over the total amount of contributions to a tax-exempt private employer plan to which such individual has a nonforfeitable right to 100 percent of his accrued benefits. Reduces, by five percent, the allowable deduction for participants in a multiemployer defined benefit plan or a church plan. Disallows deductions for employees covered by government plans, owner-employees, officers of corporations maintaining a plan, ten percent shareholders, and individuals who have attained age 70 1/2. Disallows deductions for individuals who are otherwise qualified but who do not conform to methods prescribed by the Secretary of the Treasury for computing the total amount of plan contributions for a taxable year. Sets forth rules for the mandatory distribution of certain amounts from an individual retirement plan when an individual acquires a nonforfeitable right to 100 percent of his accrued benefits under a tax-exempt private employer plan. Requires an individual retirement account to contain a method for determining the taxable year in which specific contributions are made to it and the amount of income and loss which is attributable to a specific contribution for each taxable year.

Law· HRH.R. 13511 (95th)open

Revenue Act of 1978

United States · United States Congress · 18 July 1978

Revenue Act - Title I: Provisions Primarily Affecting Individual Income Tax - Amends the Internal Revenue Code to reduce income taxes for individuals and estates and trusts for taxable years beginning after December 31, 1978. Increases the zero bracket amount to $3,400 for certain surviving spouses and married individuals filing joint tax returns, to $2,300 for unmarried individuals, and to $1,700 for a married individual filing a separate return. Increases for single individuals, surviving spouses, and married individuals filing joint tax returns the minimum income level at which an income tax return must be filed. Adjusts withholding amounts to reflect such increases. Increases the personal exemption from $750 to $1,000. Makes permanent the earned income credit. Repeals tax deductions for State and local taxes on the sale of gasoline, diesel fuel, and other motor fuels. Revises the tax deduction for medical and dental expenses to permit the taxpayer to deduct all expenses relating to medical care, medical insurance, and prescription drugs which exceed three percent of the taxpayer's adjusted gross income. Repeals special provisions allowing itemized deductions for one-half the cost of medical and hospitalization insurance premiums (up to $150) and for medicine and drug expenses which exceed one percent of adjusted gross income. Defines "prescribed drug" to mean a drug or biological requiring a prescription of a physician for its use by an individual. Repeals the tax deduction for contributions to candidates for public office and to political newsletter funds. Requires the inclusion of certain amounts of unemployment compensation in gross income if gross income otherwise exceeds certain prescribed levels for any taxable year. Provides that compensation paid to a State or local government employee which is deferred under an eligible State deferred compensation plan will be includible in the gross income of the participant or beneficiary of such a plan only in the year in which the compensation is paid to the participant or beneficiary. Permits the deferral of the lesser of $7,500 or one-third of such employee's compensation in any taxable year. Sets forth rules for the tax treatment of State deferred compensation plans which do not meet the requirements for an eligible State deferred compensation plan. Provides that the year in which deferred compensation shall be included in the gross income of a participant in a private deferred compensation plan shall be determined in accordance with judicial decisions and tax regulations in effect on February 1, 1978. Allows tax deductions for deferred payments for services performed by independent contractors on the same basis as such deductions are allowed for employees. Title II: Tax Shelter Provisions - Extends to small business corporations and personal holding companies the rule which limits deductions for business losses to amounts which such enterprises actually have at risk. Extends the range of activities subject to the "at risk" rule to all activities engaged in for the production of income, except those relating to real estate. Requires the recapture of "at risk" deductions where the taxpayer withdraws the amount originally placed at risk. Imposes additional civil fines upon partnerships which fail to file timely or accurate partnership returns. Extends the statute of limitations for assessing income tax deficiencies of partnerships required to be registered with the Securities and Exchange Commission to four years after the partnership return is filed. Title III: Provisions Primarily Affecting Business Income Tax - Reduces the maximum corporate income tax rate to 46 percent of taxable income in excess of $100,000. Establishes graduated income tax rates for corporations, ranging over five brackets, from a 17 percent rate on the first $25,000 of corporate income to a maximum 46 percent rate on income over $100,000. Excludes mutual savings banks conducting life insurance business, insurance companies, regulated investment companies, real estate investment trusts, and foreign corporations from the new rates. Makes permanent the ten percent investment tax credit and the $100,000 limitation on used property eligible for the credit. Increases over a four-year period the maximum allowable investment tax credit to $25,000 plus 90 percent of an individual's tax liability which exceeds $25,000. Sets forth alternative limitations on the investment tax credit allowable for taxpayers investing in public utilities, railroads, and airlines. Allows the full investment tax credit for pollution control facilities which are eligible for the 60 month amortization election (presently, only 50 percent of such credit may be offset against tax liability), except to the extent that such facilities are financed by tax-exempt industrial development bonds. Establishes for taxable years beginning in 1979 or 1980 a tax credit equal to 50 percent of the unemployment insurance wages paid by an employer to: (1) individuals who have registered for the work incentive (WIN) program under Title IV (Aid to Families with Dependent Children) of the Social Security Act; (2) mentally or physically disabled individuals referred to the employer under a State plan for vocational rehabilitation; or (3) individuals of ages 18 through 24 who are members of households receiving food stamps. Limits the amount of wages to which the credit is applicable to the first $6,000 of an eligible individual's wages reduced by the amount of such individual's wages paid by the employer in the preceding calendar year. Provides that the amount of unemployment insurance wages eligible for the tax credit cannot exceed 20 percent of the total amount of such wages paid by an employer to all his employees. Increases to $10,000,000 the amount of tax-exempt industrial development bonds which may be authorized as a small issue. Increases from 10 to 15 the number of shareholders a small business may have without losing Subchapter S corporate status. Treats a husband and wife owning stock in a Subchapter S corporation as one stockholder for purposes of determining the number of stockholders in such a corporation. Treats the grantor of a trust owning stock in a Subchapter S corporation as the stockholder. Extends the time period for making a Subchapter S election to the first 75 days after the beginning of the taxable year and allows such an election at any time during the preceding taxable year. Treats any election made after the 75 day period as an election made for the following taxable year. Increases to $1,000,000 the amount of small business corporation stock which a corporation may issue as potentially subject to ordinary loss treatment. Increases to $50,000 ($100,000 for married individuals filing joint tax returns) the amount of loss on small business corporation stock which may be treated as ordinary, rather than capital loss. Repeals the requirement that a corporation issue small business corporation stock pursuant to a plan developed by the corporation. Increases the amount of allowable first year additional depreciation for small business property to 25 percent of the first $20,000 of such property ($40,000 for married individuals filing joint tax returns). Extends eligibility for such depreciation allowance to only those taxpayers whose depreciable property has an aggregate adjusted basis of less than $1,000,000. Exempts from the rule requiring accrual accounting and capitalization of expenses incurred in preproductive periods certain two and three family farm corporations. Exempts farmers, nurserymen, and florists who use an accrual method of accounting and who are not required to capitalize preproductive period expenses from the requirement of taking an inventory of growing crops in computing taxable income. Permits such individuals to change to a cash method of accounting until 1981. Title IV: Capital Gains - Repeals the alternate 25 percent tax rate on the first $50,000 of long term capital gain individual taxpayers. Removes capital gains of individuals and corporations as an item of tax preference for purposes of computing the minimum or maximum tax.

Bill· HRH.R. 13488 (95th)referred

Foreign Earned Income Act

United States · United States Congress · 14 July 1978

Foreign Earned Income Act - Amends the Internal Revenue Code to limit the tax exclusion for income earned outside the United States to such income as is earned in a "qualified foreign country." Defines "qualified foreign country." Limits the amount of excludable income to $20,000 for United States citizens who establish bona fide residency in a qualified foreign country for at least one taxable year and for United States citizens or resident aliens who work in such a country during a period of 18 consecutive months. Limits the excludable amount to $25,000 for United States citizens who establish bona fide residency in a qualified foreign country for an uninterrupted period of three consecutive years. Treats presence on certain North Sea equipment used in exploring natural resources as presence in a qualified foreign country. Repeals the requirement that income earned outside the United States must be received in the country in which it is earned. Allows a tax deduction for United States citizens or residents working abroad for the sum of the qualified cost-of-living differential (difference between the cost-of-living in a particular foreign country and the Washington metropolitan area), housing, schooling, and home leave travel expenses. Limits the amount of the deduction to the amount earned abroad by an individual reduced by the amount excludable under the foreign earned income exclusion plus the amount of the exclusion for meals and lodging provided by an employer and the amount of specified allocable deductions. Specifies that the deductions for such living expenses be taken from gross income, thus permitting taxpayers who do not itemize deductions to claim such expenses as deductions in computing adjusted gross income. Sets forth definitions for qualified housing, schooling, and home leave travel expenses and rules for computing allowable deductions for such expenses. Permits an individual to maintain a separate household for spouse and dependents and still claim tax deductions for living expenses, if the living conditions in which such individual works are dangerous, unhealthy, or otherwise adverse. Increases the time and amount limitations for moving expenses for the relocation of a taxpayer at a new principal place of work outside the United States. Permits deductions for the moving expenses of a taxpayer due to retirement or for the expenses of a survivor upon the death of such taxpayer. Includes the storage fees incurred for the duration of a foreign assignment within the expenses qualifying for the moving expense deduction. Excludes from gross income meals and lodging furnished to the taxpayer, a spouse, and dependents by the employer outside the United States in a "camp style" or communal setting. Provides taxpayers working abroad the same extended repurchase time limitations as are presently provided servicemen stationed overseas for the nonrecognition of gain on the sale or exchange of a principal residence. Directs the Secretary of the Treasury to submit a report to Congress indicating the number and characteristics of individuals claiming tax benefits under this Act, the economic impact of such benefits, and the manner in which such benefits have been administered.

Bill· HRH.R. 13355 (95th)referred

A bill to amend the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code of 1954 to allow the use of a participant's contributions to certain defined contribution plans as security for a loan from a bank or insured credit union.

United States · United States Congress · 29 June 1978

Amends the Employee Income Retirement Income Security Act of 1974 and the Internal Revenue Code to allow the use of a participant's contributions to certain employee benefit plans as security for a loan from a bank or an insured credit union.

Bill· HJRESH.J.Res. 1053 (95th)referred

A resolution proposing an amendment to the Constitution of the United States to give citizens of the United States the right to enact and repeal laws by voting on legislation in a national election.

United States · United States Congress · 29 June 1978

Constitutional Amendment -- Provides for popular enactment and repeal of laws, except those with respect to declaring war and similar matters. Requires a petition signed by a number of persons equalling at least three percent of the total number of persons voting in the last Presidential election both in each of at least ten States and nationwide to place such an issue on the ballot and a nationwide majority of votes cast to pass it.

Resolution· HRESH.Res. 1180 (95th)referred

A resolution relating to voluntary pooling of clerk-hire funds.

United States · United States Congress · 16 May 1978

Provides that where two or more Members of the House of Representatives pay the basic pay of an individual from the clerk-hire allowance of each such Member, such individual shall be considered to be on the payroll of only one such Member for purposes of determining the number of individuals employed by such Members under the clerk-hire allowance. Requires such Members to designate who shall be considered the employer for the month involved and to report such designation to the Office of Finance.

Bill· HRH.R. 12111 (95th)referred

Investment Incentive Act

United States · United States Congress · 13 April 1978

Investment Incentive Act - Amends the Internal Revenue Code to restore part of the pre-1969 tax treatment of capital gains by repealing the capital gains item of tax preference for the minimum tax; lowering the corporate alternative tax to 25 percent of net capital gain; and lowering the alternative individual tax to 25 percent of net capital gain.

Bill· HRH.R. 11711 (95th)passed

A bill to improve the operation of the adjustment assistance programs for workers and firms under the Trade Act of 1974.

United States · United States Congress · 22 March 1978

Title I: Improvements in Adjustment Assistance for Workers - Amends the Trade Act of 1974 to direct the Secretary of Labor to reconsider denied petitions of groups of workers for trade adjustment assistance which were filed prior to November 1, 1977. Qualifies a previously ineligible employee for coverage under a certification of eligibility if: (1) the petition for certification was filed before November 1, 1977; and (2) the employee's last total or partial separation from the appropriate firm occurred between one year and 18 months of the filing of the petition. Permits any group of workers separated from employment after October 3, 1974, and before November 1, 1977, to file, or have filed on their behalf, a petition for certification if a previous petition for such group was not filed between April 2, 1975, and November 1, 1977. Makes eligible for assistance certain groups of workers in firms whose customer firms have been adversely affected by imports. Authorizes the Secretary to file a petition on behalf of a group of workers. Permits a group to be certified if the sales or production of its firm or subdivision threaten to decrease absolutely. Stipulates that no assistance shall be furnished in such an instance until sales or production have ceased. Permits an employee who worked for more than one firm or subdivision whose workers have been certified to take into account all such employment in determining eligibility for assistance allowances. Extends the duration of additional readjustment assistance for workers receiving approved training. Directs the Secretary to establish a program of experimental projects designed to improve methods meeting the employment and training problems of workers displaced by import competition. Increases, and revises application and eligibility guidelines for, job search and relocation allowances. Title II: Improvements in adjustment assistance to firms - Revises eligibility requirements for firm adjustment assistance including making eligible certain firms whose customer firms have been directly affected by imports. Requires, rather than authorizes, the Secretary of Commerce to provide technical assistance to a firm for an economic adjustment proposal if it cannot prepare one without assistance. Increases the requirement percentage for assistance provided through private entities. Authorizes the Secretary of Commerce, with respect to loans to firms guaranteed under the Trade Act of 1974, to pay to or on behalf of the borrower annually for up to ten years an amount sufficient to reduce interest paid up to four percentage points. Increases maximum amount guaranteed loans and direct loans which may be furnished to any one firm. Title III: General Provisions - Establishes the Commerce Labor Adjustment Action Committee to facilitate coordination between the Department of Labor and Commerce in providing assistance to trade-impacted workers, firms and communities. Authorizes grants to labor organizations for research on issues relating to the design of an effective program of trade adjustment assistance. Authorizes grants for industry wide research programs on techniques to improve economic efficiency.

Bill· HRH.R. 11773 (95th)referred

Investment Incentive Act

United States · United States Congress · 22 March 1978

Investment Incentive Act - Amends the Internal Revenue Code to restore the pre-1969 tax treatment of capital gains and losses. Repeals the 50 percent deduction for capital gains as an item of tax preference for the minimum tax. Lowers the alternative tax on corporate capital gains to 25 percent from 30 percent. Sets the alternative tax on individual capital gains at a maximum rate of 25 percent of net capital gain. Allows both short-term and long-term capital losses to be deducted dollar for dollar from ordinary income up to a maximum deduction of $1,000 for both.

Resolution· HRESH.Res. 1085 (95th)referred

A resolution expressing condemnation of the recent terrorist kidnapping of Aldo Moro.

United States · United States Congress · 16 March 1978

Expresses the condemnation of the House of Representatives of the kidnapping of Aldo Moro. Declares it the sense of the House of Representatives that (1) Italy deserves the support of the United States, and (2) the President should instruct the Permanent Representative to the United Nations to press for consideration of solutions to the problem of terrorism in all appropriate forums.

Resolution· HCONRESH.Con.Res. 514 (95th)referred

A resolution condemning terrorist activities of the PLO.

United States · United States Congress · 14 March 1978

Expresses the condemnation by the Congress of the March 11, 1978, attack on Israel by the Palestine Liberation Organization, and the expressed intention of the PLO to continue such attacks and to disrupt the peace efforts between Israel and Egypt. Requests the President to make the disapproval of the Congress known to governments approving the PLO attack. Expresses Congressional approval of the peace efforts between Israel and Egypt. Urges other Middle East countries to join such efforts. Declares negotiation to be the best way to bring peace to the Middle East.

Bill· HRH.R. 11454 (95th)referred

A bill to amend the Internal Revenue Code of 1954 with respect to the tax treatment of small business investment companies electing to be taxed as regulated investment companies.

United States · United States Congress · 10 March 1978

Amends the Internal Revenue Code to allow small business investment companies electing to be taxed as regulated investment companies, and having a tax deficiency as a result of a judicial judgment or administrative settlement concerning certain capital gains or dividend deductions to satisfy such deficiencies by paying out dividends within 90 days after the judgment or settlement.

Bill· HRH.R. 11152 (95th)referred

A bill to amend the Internal Revenue Code of 1954 to discourage interstate bootlegging of cigarettes by increasing the Federal tax on cigarettes and to provide payments to certain States which do not impose more than 3-cent special tax on a pack of cigarettes.

United States · United States Congress · 24 February 1978

Amends the Internal Revenue Code to impose an additional excise tax on cigarettes to be paid into a Cigarette Tax Trust Fund in the Treasury and disbursed to States which do not impose more than a three-cent special tax on a pack of cigarettes.

Bill· HJRESH.J.Res. 749 (95th)referred

A resolution proposing an amendment to the Constitution of the United States to give citizens of the United States the right to enact and repeal laws by voting on legislation in a national election.

United States · United States Congress · 23 February 1978

Constitutional Amendment -- Provides for popular enactment and repeal of laws, except those with respect to declaring war and similar matters. Requires a petition signed by a number of persons equalling at least three percent of the total number of persons voting in the last Presidential election both in each of at least ten States and nationwide to place such an issue on the ballot and a nationwide majority of votes cast to pass it.

Bill· HRH.R. 11065 (95th)referred

A bill to amend the Internal Revenue Code of 1954 with respect to the tax treatment of earned income of United States citizens and resident aliens from sources without the United States, and for other purposes.

United States · United States Congress · 22 February 1978

Amends the Internal Revenue Code to extend to all residents of the United States the same general exclusion of income earned abroad that is presently limited to citizens. Repeals the disallowance of an income tax credit for foreign taxes paid on income items that are excluded as foreign earned income. Increases the limitations on this exclusion, with provisions for annual adjustments by the Secretary of the Treasury to correspond to rate increases paid to GS-12, step one government employees. Allows a new income tax deduction for the sum of foreign source income related expenses falling in the following categories: the cost-of-living differential (i.e., the excess cost) of maintaining a family in a foreign country rather than the United States (to be governed by tables published by the Secretary of the Treasury, guided by the State Department's index of foreign living costs); a portion of the excess housing costs experienced abroad the elementary and secondary education expenses of the taxpayer's dependents, including room, board and travel if no adequate "United States-type" schools are available; travel expenses of one annual trip home; and reasonable transportation expenses for the taxpayer and his family for travel between remote or adverse posts and any other location approved by the employer. Allows taxpayers to use deduction for determining adjusted gross income, thereby extending it to individuals not itemizing their deductions. Limits deducting any expense item to one of the specified categories of this deduction, thereby avoiding multiple deductions of single expenses. Includes in gross income any reimbursement by an employer for expenses qualifying for this deduction. Increases the time and amount limitations for moving expense deductions in the cases of all international moves resulting from death of the taxpayer, retirement, or a new principal place of work. Includes the storage fees incurred for the duration of a foreign assignment within the expenses qualifying for this deduction. Excludes from gross income all meals and lodging furnished the taxpayer and his dependents by his employer outside the United States in a "camp-style" or communal setting. Provides taxpayers working abroad the same extended repurchase time limitations as are presently provided servicemen stationed overseas for the nonrecognition of gain on the sale or exchange of a principal residence.

Bill· HRH.R. 11058 (95th)referred

Legislative Oversight Act

United States · United States Congress · 22 February 1978

Legislative Oversight Act - Title I: Requirements for Authorization Bills - Requires all legislation considered by either House of Congress which authorizes new budget authority or increased tax expenditures to include a statement of objectives of the program to be authorized or established and a requirement that the agencies administering the program report annually to Congress to assist it in determining whether such program should be amended. Requires such agency reports to list the costs and accomplishments of each program. Title II: Requirements for Reports Accompanying Authorization Bills - Requires committee reports accompanying such legislation to identify expected economic and social costs and benefits of new programs authorized or established by such legislation, potentially duplicative programs, and previous efforts to accomplish the objectives of the program being considered. Requires reports to contain, if the legislation continues an existing program, authorization, or tax expenditure, an assessment of the degree to which such program or tax expenditure has met previously stated objectives. Requires the Comptroller General to publish and periodically update a descriptive catalog of interrelated Federal activities which compares program costs and accomplishments and describes program interrelationships, including the extent to which programs are duplicative. Title III: Presidential Budget Recommendations - Requires the President's budget to describe the relationship between the President's recommended program budgets and the program accomplishments reported by Federal agencies under this Act. Title IV: Authorization Time Limit; Certain Obligations not Impaired - Prohibits congressional consideration of any legislation which authorizes new budget authority or provides new or increased tax expenditures, or new spending authority for a period exceeding five years. Exempts from this prohibition national debt service and payments to individuals from Federal trust funds to which such individuals have contributed. Title V: Miscellaneous Provisions; Effective Date - Recognizes the authority of either House to amend this Act. Sets the effective date of this Act.

Bill· HRH.R. 10801 (95th)referred

A bill to simplify the private foundation return and reporting requirements under the Internal Revenue Code, and to make private foundation information returns more readily accessible to the public.

United States · United States Congress · 7 February 1978

Amends the Internal Revenue Code to repeal the requirement that private foundations file annual reports with the Secretary of the Treasury. Requires certain information that is currently included in such reports to be included in the tax returns of foundations and that the returns be made available to the public in the same manner that such reports are currently.

Bill· HRH.R. 10723 (95th)referred

Agriculture Refinance Act

United States · United States Congress · 2 February 1978

Agriculture Refinance Act - Amends the Consolidated Farm and Rural Development Act to permit insured loans of up to $1,000,000 to farm owners and operators for refinancing existing indebtedness incurred between January 1, 1973, and December 31, 1977. Allows a repayment period for refinancing loans of 40 years for real estate loans, 12 years for equipment loans, and five years for operating loans. Defers the first payment for the interest and principal of such loans for five years for real estate loans, for three years for equipment loans, and for two years for operating loans.

Bill· HRH.R. 10579 (95th)referred

A bill to amend the Internal Revenue Code of 1954 to discourage interstate bootlegging of cigarettes by increasing the Federal tax on cigarettes and to provide payments to certain States which do not impose more than a 3-cent special tax on a pack of cigarettes.

United States · United States Congress · 26 January 1978

Amends the Internal Revenue Code to impose an additional excise tax on cigarettes to be paid into a Cigarette Tax Trust Fund in the Treasury and disbursed to States which do not impose more than a three-cent special tax on a pack of cigarettes.

Bill· HJRESH.J.Res. 658 (95th)referred

Joint resolution proposing an amendment to the Constitution of the United States to give citizens of the United States the right to enact and repeal laws by voting on legislation in a national election.

United States · United States Congress · 8 November 1977

Constitutional Amendment -- Provides for popular enactment and repeal of laws, except those with respect to declaring war and similar matters. Requires a petition signed by a number of persons equalling at least three percent of the total number of persons voting in the last Presidential election both in each of at least ten States and nationwide to place such an issue on the ballot and a nationwide majority of votes cast to pass it.

Law· HRH.R. 9251 (95th)open

Tax Treatment Extension Act of 1977

United States · United States Congress · 22 September 1977

Postpones, until July 1, 1978, the effective date of the Internal Revenue Service's Revenue Ruling 76-453 which holds that (1) transportation expenses between an individual's residence and temporary place of work are not deductible and (2) reimbursement for such expenses by employers is includible in gross income.

Bill· HRH.R. 9038 (95th)referred

Investment Policy Act

United States · United States Congress · 12 September 1977

Investment Policy Act - Title I: Findings and Definitions - States that the lack of a national policy on investment can adversely affect the economic health and well-being of the Nation. Title II: Declaration of National Policy - Declares that it is the policy and responsibility of the Federal Government to provide incentives to assure maximum investment in private enterprise. Title III: Federal Agency Coordination and Cooperation - Requires the Council on Wage and Price Stability shall submit an Investment Policy Report to Congress which shall include information on levels of capital investment available, trends in such levels, and reviews of economic programs affecting capital investment. Requires the President to transmit to Congress as a part of the economic report such other recommendations as desirable or necessary to achieve the policy declared in this Act.

Bill· HRH.R. 8917 (95th)referred

A bill to amend title 38 of the United States Code to make certain that recipients of veterans' pension and compensation will not have the amount of such pension or compensation reduced because of increases in monthly social security benefits.

United States · United States Congress · 5 August 1977

Provides that recipients of veterans' pensions and compensation will not have the amount of such pension or compensation reduced because of increases in social security benefits. Applies to annual income determinations made for calendar years after 1976.

Bill· HRH.R. 8913 (95th)referred

A bill to provide that certain cost-of-living and other increased benefits received under title II of the Social Security Act will not be considered as income for purposes of determining eligibility and the amount of benefits of participants in the food stamp program and for purposes of determining eligibility and the amount of benefits of participants in certain programs concerning surplus agricultural commodities.

United States · United States Congress · 5 August 1977

Excludes cost-of-living increases in Social Security benefits from consideration as household income for purposes of determining: (1) eligibility for participation in the food stamp program; (2) the charge for issuing a coupon allotment to a household; and (3) eligibility for any Federal program administered by the Department of Agriculture which provides for the donation or distribution of surplus agricultural commodities to low-income persons.

Bill· HRH.R. 8914 (95th)referred

A bill to provide that social security benefit increases occurring after May 1977 shall not be considered as income or resources for the purposes of determining the eligibility for or amount of assistance which any individual or family is provided under certain Federal housing laws.

United States · United States Congress · 5 August 1977

Prohibits the consideration of any cost of living increase of Old Age, Survivors, and Disability Insurance benefits after May 1977 for purposes of determining the eligibility for or amount of assistance which any individual or family is provided under specified Federal housing programs.