United States · United States Congress · 3 May 1989
Radon Testing for Safe Schools Act - Directs the Administrator of the Environmental Protection Agency to establish a nationwide program to test a sample of schools in each State for purposes of identifying areas with elevated radon levels. Requires the Administrator to give priority to States containing high-risk areas identified under the Toxic Substances Control Act. Directs the Administrator to promulgate regulations requiring local educational agencies to test schools in areas having elevated radon levels. Authorizes the Administrator to provide financial assistance to such agencies to carry out such testing. Limits the Federal share of testing costs to 50 percent of the total cost. Requires the results of such tests to be made available to the public. Authorizes appropriations.
United States · United States Congress · 3 May 1989
Railroad Retirement Medicare Equity Act of 1989 - Amends part B (Supplementary Medical Insurance) of title XVIII (Medicare) of the Social Security Act to set the same limitation on annual increases in Medicare part B premium deductions from monthly annuities under the Railroad Retirement Act of 1974 as currently applies to such premium deductions from monthly benefits under title II (Old Age, Survivors and Disability Insurance) of the Act, so that such increases cannot exceed cost of living increases in the annuities.
United States · United States Congress · 3 May 1989
Designates the Labor Day weekend beginning on September 2, 1989, as National Drive for Life Weekend. Calls on people to observe that weekend with a pledge to not drink and drive.
United States · United States Congress · 3 May 1989
Expresses the sense of the House that: (1) Japan has not lived up to the terms of the 1986 agreement regarding the Japanese semiconductor market; (2) the administration should convey this message to Japan; (3) the President, the U.S. Trade Representative (USTR), the Secretary of State, and the Secretary of Commerce should seek full access to the Japanese market for semiconductors; and (4) the President and the USTR should take measures to achieve compliance with such agreement.
United States · United States Congress · 2 May 1989
Elephant Protection Act - Requires the United States Trade Representative (USTR), before January 1, 1990, to identify each foreign country that has enacted sanctions against trading in ivory. Requires the USTR to: (1) determine, for each year after 1989, if each identified country has effectively enforced such sanctions; (2) determine, for each year after 1990, if each foreign country not so identified has enacted such sanctions; and (3) determine, for each year after 1990, if such countries that have implemented sanctions against trading in ivory have enforced them. Directs the USTR to: (1) make such determinations for each year; (2) notify the President of each negative determination; and (3) publish each negative determination in the Federal Register. Requires the President, after receiving a negative determination with respect to any foreign country, to revoke nondiscriminatory treatment (most-favored-nation treatment) for all products of such country that are imported into the United States. Makes it unlawful for any person to import or export ivory products. Sets forth civil and criminal penalties. Amends the Internal Revenue Code to deny foreign tax credit benefits with respect to income derived from trading in ivory. Provides that ivory-related income shall not be treated as foreign base company income.
United States · United States Congress · 2 May 1989
Requires a certain percentage of Federal fleets of passenger automobiles and light-duty trucks to be alternative fuel vehicles by specified deadlines if such vehicles are being operated in an area designated under the Clean Air Act as an area of serious health endangerment for ozone and/or carbon monoxide. Requires the Administrator of General Services and the Secretary of Defense, with the concurrence of the Secretary of Energy, to issue regulations ensuring that such vehicles shall: (1) be supplied with alcohol, natural gas, other gaseous hydrocarbons, or electricity in the primary area of operation; and (2) be operated exclusively on such fuel (except when it is impracticable to obtain it). Requires funds appropriated to implement this Act to be expended first in those areas determined by the Administrator of the Environmental Protection Agency (the Administrator) to have the most severe air pollution problems. Prescribes circumstances under which such alternative fuels shall be offered for sale to the public. Mandates that the funds appropriated for alternative fuel vehicle acquisition apply only to the portion of costs which exceeds the cost for comparable conventional fuel vehicles. Directs the Secretary of Energy to ensure that the cost to any Federal agency receiving an alternative fuel vehicle under this Act not exceed the cost to such agency of a comparable conventional fueled vehicle. Mandates that gasoline powered Federal vehicles, with specified exceptions, which are operated in an area designated as seriously endangering health for carbon monoxide, and which are not dual energy (or natural gas dual energy), be operated exclusively with fuel which blends oxygenates with gasoline at their primary fueling facility. Requires underground fuel storage equipment installed or replaced at designated Federal facilities to be capable of safely storing alcohol. Requires the Administrator to report to the Congress the results of a comprehensive analysis regarding the public health risk associated with the use of significant amounts of alcohol, natural gas, or other gaseous hydrocarbons as transportation fuels as compared to diesel and gasoline fuels. Authorizes appropriations for FY 1991. Sets forth criteria for alternative fuel vehicles. Authorizes appropriations for FY 1993 through 1996.
United States · United States Congress · 2 May 1989
Designates September 8, 1989, as National Pledge of Allegiance Day. Expresses the sense of the Congress that the Christopher Columbus Quincentenary Jubilee Commission should include the centennial observance of the Pledge of Allegiance in its commemorative activities.
United States · United States Congress · 2 May 1989
Prohibits the U.S. Government from giving its approval to the manufacturing license agreement involving the export of technology relating to the design, development, and production of the FSX aircraft in Japan.
United States · United States Congress · 2 May 1989
Condemns the use of excessive and lethal force by Soviet troops in responding to the demonstrations of April 9, 1989, in Tbilisi, Georgian Soviet Socialist Republic. Urges the Soviet Union to investigate allegations of the use of toxic chemical agents against the demonstrators in Tbilisi and, if true, to take steps to prevent the reoccurrence of such use. Supports the demands of the people of Georgia for human rights and fundamental freedoms.
United States · United States Congress · 27 April 1989
Urban and Community Forestry Act of 1989 - Directs the Secretary of Agriculture to submit an urban and community forestry report to the Congress. Amends the Cooperative Forestry Assistance Act to provide for an expanded urban forestry education and technical assistance program. Directs the Secretary to: (1) establish an urban and community forestry matching grant program; (2) make plants available to urban areas and assist in their selection, planting, and maintenance; and (3) establish a National Urban and Community Forestry Advisory Council which shall prepare a national urban and community forestry action plan for the Secretary and the Congress. Authorizes FY 1990 through 1999 appropriations.
United States · United States Congress · 27 April 1989
Plastic Container Identification Act of 1989 - Prescribes labeling requirements for plastic containers in interstate commerce to indicate the type of plastic resin used to produce the container. Imposes criminal penalties for violations.
United States · United States Congress · 26 April 1989
Amends Internal Revenue Code provisions governing the income tax deduction for the health insurance costs of self-employed individuals to: (1) make the deduction permanent (under current law it will expire after tax year 1989); and (2) phase in an increase in the allowable deduction, reaching 100 percent for taxable years beginning in 1994 and thereafter.
United States · United States Congress · 26 April 1989
Amends the District of Columbia Code to set an 18-month limit on the term of imprisonment which may be imposed for contempt in child custody cases. Requires the District of Columbia Court of Appeals to hear an appeal from an order of the Superior Court of the District of Columbia holding an individual in contempt and imposing imprisonment on such individual in the course of a child custody case within 60 days after such individual requests such appeal.
United States · United States Congress · 26 April 1989
Expresses the sense of the House of Representatives that an increase in estate taxes or the imposition of a capital gains tax at death would, by virtue of negative effects on family farms and family businesses, do more damage to the U.S. economy than the increased revenue would justify.
United States · United States Congress · 25 April 1989
Amends the Internal Revenue Code to extend the targeted jobs income tax credit through 1992 (under current law the credit will expire after December 31, 1989). Amends the Economic Recovery Tax Act of 1981 to authorize appropriations through FY 1992 in connection with the targeted jobs credit. Raises from 23 to 25 years the age limitation with respect to economically disadvantaged youth targeted for credit purposes. Adds as a targeted group under the credit economically disadvantaged individuals who have completed a qualified drug rehabilitation program.
United States · United States Congress · 25 April 1989
Amends the Federal criminal code to provide enhanced criminal penalties for kidnapping children. Provides a minimum sentence of ten years' imprisonment (life imprisonment if any listed aggravating conduct exists) for such violation. States that persons sentenced under this Act shall not be granted a probationary or suspended sentence, and shall not be eligible for parole during the first five years (20 years if the offender engaged in any listed aggravating conduct) of such imprisonment. Includes as aggravating conduct: (1) selling the victim of such offense; (2) sexually abusing such victim; (3) using such victim for pornography; or (4) intentionally harming such victim physically to a life-threatening extent.
United States · United States Congress · 18 April 1989
Provides for the establishment of categories of aliens who are subject to persecution in the Soviet Union or in Indochina (Vietnam, Cambodia, or Laos) and therefore admissible as refugees into the United States. Deems Jews and Evangelical Christians in the Soviet Union as such a category. Provides for the adjustment of status to refugee status for certain Soviet and Indochinese parolees residing in the United States.
United States · United States Congress · 18 April 1989
Amends the Agricultural Act of 1949 to permit producers to provide county committees with actual crop yield data for 1989 and subsequent crop years. Requires the Secretary of Agriculture to: (1) conduct a study of the alternative methods of determining payment yields and their impact on producers and commodity programs; and (2) report the results of such study to the appropriate congressional committees.
United States · United States Congress · 18 April 1989
Student Loan Default Collection Act of 1989 - Amends the Higher Education Act of 1965 to establish a student loan default reduction program. Establishes such program as an amnesty program for student loan defaulters on guaranteed loans under the Robert T. Stafford Student Loan Program. Allows borrowers with defaulted loans to fully repay the debt: (1) without penalties; (2) with any information on the defaulted loans removed from credit bureaus; and (3) with their student aid eligibility restored. Directs the Secretary of Education (the Secretary) to sell to an eligible lender the loans of students: (1) who are in default because of a clerical error; or (2) who have made 12 consecutive payments on a defaulted loan (with the student aid eligibility of such students to be restored). Directs the Secretary to widely publicize the availability of such amnesty program.
United States · United States Congress · 18 April 1989
Live Performing Arts Labor Relations Amendments - Amends the National Labor Relations Act to exclude specified types of employers and performers in the live performing arts from coverage under unfair labor practice provisions: (1) prohibiting specified contracts or agreements between employers and labor organizations; and (2) prohibiting specified actions of labor organizations to force or require cessation of dealings with others, joining of labor or employer organizations, or recognition of or negotiation with labor organizations not certified as representative. Permits such employers to: (1) agree with a labor organization to make membership in it a condition of performing arts employment; and (2) make agreements with a labor organization covering performing artists even if its majority status has not yet been established. Defines "employer" to include purchasers of live musical performance services. Defines "employee" to include independent contractors engaged to perform live musical services.
United States · United States Congress · 18 April 1989
Organ Transportation Good Samaritan Act - Limits to gross negligence the liability of persons who without compensation transport by air in interstate commerce human transplant organs.
United States · United States Congress · 18 April 1989
Employee Educational Assistance Act of 1989 - Repeals provisions of the Internal Revenue Code that: (1) terminated the income tax exclusion of amounts paid under employee educational assistance programs as of tax year 1989; and (2) deny benefits in connection with graduate work.
United States · United States Congress · 18 April 1989
Amends the Internal Revenue Code to disallow an income tax deduction for business expenses incurred as removal or liability costs resulting from a spill or other discharge of oil being transported by or for the taxpayer from a vessel onto waters subject to the Clean Water Act. Excludes discharges caused by an act of God, an act of war, negligence on the part of the U.S. Government, or an act or omission of a third party. Applies this deduction denial retroactively with respect to amounts incurred in taxable years 1989 and thereafter.
United States · United States Congress · 18 April 1989
Expresses the sense of the House of Representatives that: (1) every effort should be undertaken to bring those responsible for the bombing of Pan American flight 103 to justice; and (2) steps should be taken to ensure the future safety of airline passengers.
United States · United States Congress · 17 April 1989
Prohibits the issuance of a license for the export to China of any defense article on the U.S. Munitions List, including helicopters and parts, unless the President certifies to the Congress that China is not using any such articles to violate the human rights of Tibetans and foreign press and human rights organizations.
United States · United States Congress · 13 April 1989
Childless Veterans Assistance Act of 1989 - Authorizes the Secretary of Veterans Affairs to provide procreative services and reimbursement for adoption expenses to veterans (or their spouses) with a service-connected inability to procreate. Prohibits the Secretary from reimbursing a veteran for adoption expenses: (1) until after the adoption is final; (2) that are paid to or for the veteran under any other program administered by the Federal Government or by a State or local government; or (3) in an amount greater than $2,000 per child or $4,000 total per veteran.
United States · United States Congress · 13 April 1989
World War I Veterans' Service Pension Act - Directs the Administrator (effective March 1989, Secretary) of Veterans Affairs to pay a monthly pension of $150 to each veteran of World War I who meets specified service requirements. Requires such veteran, if receiving another pension administered by the Veterans Administration (effective March 1989, Department of Veterans Affairs) (VA), to elect which pension he will receive. Provides for the payment of a monthly pension of $100 to surviving spouses of World War I veterans who meet certain marriage requirements. Requires such surviving spouses to choose between pensions if they are currently receiving another pension through the VA.
United States · United States Congress · 13 April 1989
Expresses the sense of the Congress that: (1) the President should direct the Secretaries of Agriculture and State and the Administrator of the Agency for International Development to encourage the Government of Japan to use a portion of its increased foreign assistance funds to increase the availability of international food aid supplies through bilateral or multilateral channels to meet the needs of the world's hungry people; (2) Japanese aid resources could be channeled to finance long-term contracts to purchase and deliver commodities from the United States and developing country agricultural producers as donations to nongovernmental or international organizations for use in hunger alleviation projects; (3) during such long-term contractual agreement, such purchases of food and agricultural commodities purchased by Japan should be considered as increased importation by Japan of such products for the purposes of U.S. trade laws; (4) during the period of any such purchases by Japan from the United States, the value of U.S. purchases of the same agricultural commodities should be maintained at no less than FY 1989 levels; and (5) the commodities purchased under this program should be donated to organizations equipped to ensure that the food will be available only to projects that meet specified criteria (relating to the proper use of such food aid and the assurances of no negative impact on the agricultural producers in the areas to which the food is sent).
United States · United States Congress · 13 April 1989
Expresses the sense of the Congress that the United States should: (1) give the highest priority to fully accounting for the Americans still missing in Southeast Asia and to negotiating the return of Americans still held captive; (2) maintain an ongoing dialogue with Vietnamese, Cambodian, and Lao officials so that the prisoners of war issue may be resolved; (3) continue joint field investigations with such officials; and (4) heighten public awareness of the prisoners of war issue through the dissemination of factual data.
United States · United States Congress · 12 April 1989
Recycling Act - Amends the Solid Waste Disposal Act to require all paper and paper products procured by Federal and State agencies and certain businesses under contract with Federal agencies to be composed of the highest percentage practicable of recovered materials. Requires the Administrator of the Environmental Protection Agency (EPA) to prepare guidelines for the implementation of such requirement. Requires each procuring agency that enters into a construction contract to give preference to the contractor that proposes to use the highest percentage of recovered materials in carrying out such contract, provided that such materials are of a reasonable price. Directs the Administrator to prepare guidelines to include minimum content standards for at least five items used in construction contracts that can be produced with recovered materials. Requires the Administrator to issue annual guidelines that specify standards for five additional items that may or may not be used in such contracts. Requires each Federal agency with office facilities of more than 35 office workers to carry out a recovery program of newsprint and corrugated and high-grade paper. Requires such materials to be separated at the source of generation, separately collected, sold for the purpose of recycling or used by the Government. Authorizes funds received from such sales to be retained by the agency that generated the sold item. Prohibits any State or municipality from receiving any form of Federal assistance in connection with facilities for the processing, separation, resource recovery, or reduction of solid waste unless the Administrator certifies that such State or municipality has implemented and met the targets for a program: (1) for the collection, separation, and processing of recyclable materials which provides for graduated increases in the amount of waste stream to be made available to markets for recovered materials; and (2) that requires preferences for the procurement of goods containing recovered materials. Sets forth additional requirements for State solid waste disposal plans, including: (1) the separation, collection, and recycling of tires, lead-acid batteries, and major household appliances; and (2) the separation, collection, and safe disposal of household hazardous wastes. Authorizes the Administrator to provide low-interest loans or loan guarantees for constructing and operating facilities and equipment for the collection, separation, or processing of recyclable materials. Permits the Administrator to provide technical assistance and grants to State and local governments for recycling and waste reduction programs. Authorizes appropriations. Requires all paper and paper products, effective five years after this Act's enactment, to contain the minimum percentage of recovered materials specified by the Administrator under the Solid Waste Disposal Act. Extends the date by which the Secretary of Commerce is required to take actions regarding the development of markets for recovered materials. Requires the Secretary, no later than six months after this Act's enactment, to develop a program to promote the selling of recyclable solid waste from the United States in international markets. Requires manufacturers of plastic items or packaging to label such items to indicate the type of plastic used in such materials. Prohibits any plastic, effective one year after the promulgation of regulations regarding this section, from containing, or being manufactured in a process that uses, chlorofluorocarbons. Directs the EPA Inspector General to report annually to the Congress on compliance with this Act.
United States · United States Congress · 11 April 1989
Authorizes the Secretary of Veterans Affairs to increase the eligibility for outpatient medical services to all veterans currently eligible for hospital care. (Currently, the eligibility for outpatient medical services is limited to veterans: (1) for a service-connected disability; or (2) for a disability for a veteran who has a service-connected disability rated at 50 percent or more.) Eliminates the authority of the Secretary to: (1) furnish home health services in connection with such outpatient care; and (2) contract for the provision of outpatient medical services with facilities that are not Department of Veterans Affairs facilities.
United States · United States Congress · 6 April 1989
Missing Service Personnel Act of 1989 - Requires the responsible uniformed service commander, after receiving notice that a person under his command is missing, to conduct an informal investigation to determine such person's whereabouts and, if appropriate, to place such person in a missing status. Requires the commander, if a person has been placed in such status, to notify the officer holding general court-martial authority over such person (or, in the case of a missing civilian, the Secretary concerned), who shall convene a board of initial inquiry within 45 days. Requires such board to: (1) investigate evidence relating to the disappearance of such person; (2) recommend whether to continue such person in a missing status or make a finding that such person has deserted, is absent without leave, or is dead; and (3) report its recommendations and findings. Provides for the convening of a board of further inquiry, if a board of initial inquiry recommends that such person be continued in a missing status, within one year of such recommendation. Requires such board to analyze any information which has become available since the board of initial inquiry issued its report, to determine whether such person should be continued in a missing status or declared dead, and to report its findings. Directs the Secretary concerned, upon the written request of a member of the immediate family of a missing person who, before the date of the enactment of this Act, was determined by the Secretary to be dead, to: (1) convene a board of further inquiry to determine whether such finding of death should be upheld or such person should be placed in a missing status; and (2) report its findings. Requires the Secretary, within three years after a board of further inquiry recommends a missing status for any person, to reconvene such board to review such status. Specifies the composition of such boards. Directs the Secretary to invite each member of the immediate family of the missing person to the meetings of a board of initial inquiry unless attendance would place such member in danger. Requires the Secretary to: (1) invite family members of missing persons to meetings of boards of further inquiry; (2) schedule such meetings at convenient locations and times; (3) provide such family members with reasonable notice of such meetings; and (4) open such meetings to the general public. Authorizes each board to hold meetings, take testimony, receive evidence, and secure directly from any U.S. department or agency any information necessary to carry out its duties. Provides for the appointment of counsel by the officer or Secretary concerned to represent the missing person. Requires that, if a board determines that a missing person is dead, it shall include in its report a detailed description of the location and date of death, whether the body has been recovered, and whether a licensed practitioner of forensic medicine determined that the body recovered is that of the missing person. Prohibits any such board from declaring a missing person dead unless: (1) evidence other than the passage of a period of less than 50 years suggests that such person is dead; (2) no evidence which reasonably suggests that such person is alive is in the possession of the Government; (3) representatives of the Government have made a complete search of the area where such person was last seen (unless the United States is not granted access to such area); and (4) Government representatives have checked the records of the government or entity having control over the area where such person was last seen (unless the Government is not granted access to such records). Provides for judicial review of determinations of death upon the filing of a written petition by any member of the missing person's immediate family. Directs the Secretary of the uniformed service in which a missing person serves to make certain that such person's personnel file contains all information in the possession of Federal departments and agencies pertaining to the disappearance or whereabouts of such person. Requires the Secretary to make certain that, if classified information is withheld, such file contains: (1) a notice that the information exists; and (2) a notice of the date of the most recent review of the classification status of the information. Sets forth penalties for knowingly withholding information pertaining to the disappearance or whereabouts of a missing person from that person's personnel file. Requires the Secretary concerned to make the contents of such file available to a member of the immediate family of such person upon written request.
United States · United States Congress · 6 April 1989
Amends Federal military personnel provisions to exempt retired members of the armed forces who are called to active, full-time duty with the American Battle Monuments Commission from certain number and grade limitations on officers in the armed forces.
United States · United States Congress · 6 April 1989
Urges the President to: (1) sign and submit to the Senate for ratification the Basel Convention on the Control of Transboundary Movements of Hazardous Wastes and Their Disposal; and (2) submit to the Congress proposed legislation to reform U.S. hazardous waste export laws and regulations.
United States · United States Congress · 5 April 1989
Authorizes the President to present a gold medal, on behalf of the Congress, to each of the following individuals in recognition of their contributions to this Nation's cultural heritage: (1) Frank Capra; (2) James Stewart; and (3) Fred Zinnemann. Requires the Secretary of the Treasury to design a different gold medal for each such individual. Authorizes appropriations. Authorizes the Secretary to strike and sell bronze duplicates of such medals at a price sufficient to cover the costs of such duplicates and the gold medals. Requires the appropriations to be reimbursed out of the sales proceeds. Designates all such medals as National Medals.
United States · United States Congress · 5 April 1989
Amends the Federal criminal code to prescribe penalties for the unauthorized use of the name Visiting Nurse Association or Visiting Nurse Service or of the name or insignia of the Visiting Nurse Association of America.
United States · United States Congress · 5 April 1989
Healthy Birth Act of 1989 - Amends title V (Maternal and Child Health Services) of the Social Security Act to increase authorized appropriations for such program. Sets aside certain appropriated amounts for comprehensive State infant mortality initiatives and Federal activities in coordination with such initiatives. Prohibits Federal assistance for such a State initiative unless the State provides assurances that it will: (1) establish a toll-free telephone information and referral system for maternal and child health services; (2) provide technical assistance and public awareness activities regarding the maternal and child health handbook to be disseminated by the Secretary of Health and Human Services; (3) develop and expand maternal and child health home visiting programs; (4) establish a "one-stop shopping," client-centered program under which pregnant women and mothers can apply for a wide range of Government programs in a coordinated manner at a location at which social and health-related services are made available to pregnant women and infants; (5) evaluate the impact of such initiative; and (6) be able to continue such initiative without Federal assistance within five years of the first receipt of such assistance. Directs the Secretary to use a specified portion of set-aside amounts to: (1) provide technical assistance to State initiatives; (2) disseminate a maternal and child health handbook to all pregnant women and new parents; (3) establish a nationwide, toll-free telephone information and referral system for maternal and child health services; (4) develop a model, coordinated application and eligibility determination system for use by States under the Medicaid program (title XIX of the Act) and the special supplemental food program for women, infants, and children; (5) improve the integration and coordination of Federal programs serving pregnant women and children; and (6) monitor and evaluate State infant mortality initiatives. Requires the Secretary to give priority to the initiatives of States demonstrating the greatest need and an ability to implement such initiatives, while recognizing the need for an equitable distribution of assistance among the States.
United States · United States Congress · 5 April 1989
Consumer Products Safe Testing Act - Prohibits Federal department or agency heads from considering LD50 test results when determining product safety, labeling, or transportation requirements for purposes of Federal regulation. (LD50 is a procedure whereby toxicity is measured in terms of the median dose that will kill 50 percent of the test animals within a specified time.) Requires Federal department and agency heads to: (1) review and evaluate directives that call for the use of an animal toxicity test; and (2) promulgate regulations specifying the use of nonanimal alternatives. Requires that animal toxicity testing regulations be subject to periodic agency review and to public comment in certain cases.
United States · United States Congress · 5 April 1989
Urges the Government of Iran to uphold the human rights of all its nationals, including members of the Baha'i faith, and to extend the rights guaranteed by the Universal Declaration of Human Rights. Calls upon the President to continue to: (1) emphasize human rights improvements as an important factor in the development of relations between the U.S. and Iranian Governments; (2) cooperate with other governments to initiate and support actions by the United Nations and its agencies to promote the protection of the religious rights of the Baha'is; and (3) provide, and urge others to provide, for refugee and humanitarian assistance for those Baha'is fleeing their homelands to escape religious repression.
United States · United States Congress · 4 April 1989
Employee Pension Protection Act of 1989 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to revise fiduciary standards applicable to pension plan assets to account for duties with respect to assets of terminated plans. Establishes fiduciary standards to apply to employer reversions upon plan termination, requiring an employer to establish and maintain a complete replacement plan or a substantial replacement plan in connection with the termination. Prescribes requirements to govern both types of plans. Links the establishment of either of these new plans to the amount of any employer reversion, requiring the new plans to have assets sufficient to pay all liabilities to participants and their beneficiaries. Considers any plan fiduciary or sponsor to be jointly and severally liable for violation of ERISA if requirements regarding complete replacement or substantial replacement plans upon plan termination are not met at any time during the five-year period beginning on the date of final distribution of assets from the terminated plan. Describes fiduciary duties to govern the distribution of plan assets to participants and beneficiaries upon plan termination in cases when the employer does not set up a replacement or substantial replacement plan. Institutes fiduciary duties with respect to distributions of plan assets upon termination in direct trustee-to-trustee transfers to individual retirement plans. Directs the Secretary of Labor to prescribe reporting requirements in connection with these transfers.