United States · United States Congress · 10 April 1978
Urban Growth Act - Amends the Internal Revenue Code to reduce corporate income tax rates. Increases the corporate surtax exemption to $100,000. Makes the regular investment tax credit permanent. Allows an additional ten percent investment tax credit for new property placed in depressed areas. Increases the limitations on the investment credit to allow it to offset 100 percent of the taxpayer's current liability. Increases the credit allowable for employment of new employees by an amount equal to one percent of the unemployment insurance wages paid to qualified employees during periods of unemployment exceeding seven percent nationally. Allows accelerated amortization of depreciable equipment (with a 60 month period) and facilities (with a period equal to one-half each facility's useful life) which are placed in high unemployment areas. Repeals the income tax exclusion of dividends received by individuals. Allows qualified domestic corporations an unlimited deduction for dividends paid. Provides flat limitations on corporate deductions for dividends from foreign corporations where the taxpayer is not claiming a net operating loss. Allows the current deduction of federally-required, nonproductive expenditures as business expenses. Provides for annual cost- of-living adjustments to depreciation allowances, property bases, and the interest paid on United States savings bonds and certificates, as well as the redemption value of all United States obligations of a year or more, including savings bonds and certificates.
United States · United States Congress · 6 April 1978
Amends the Internal Revenue Code to allow an individual who has attained the age of 62 before the close of the taxable year to exclude up to $3,000 of interest which would otherwise be includible in gross income. Reduces the amount of interest which may be excluded by one-half of the excess of the taxpayer's adjusted gross income over $5,500.
United States · United States Congress · 6 April 1978
Amends the Buy American Act to require the heads of departments or independent establishments, before determining whether the bid or offered price of a foreign product is reasonable, to adjust such price in accordance with the instructions set forth in this Act. Sets such adjusted price at 150 percent of the bid or offered price excluding duty or 106 percent of such price including duty, whichever is greater.
United States · United States Congress · 4 April 1978
Anti-Dumping Enforcement Act - Amends the Antidumping Act, 1921, to require the Secretary of the Treasury to notify the International Trade Commission upon the publication of a finding that the price of imported products is less than the foreign market or construction value. Eliminates the requirement that the Secretary postpone publication of such a finding pending a determination by the Commission on whether "dumping" is occurring. Decreases the time periods during which the Secretary must complete the investigation of "dumping" allegations. Imposes liquidation deadlines upon imported merchandise upon which a special "dumping" duty has been imposed. Requires the establishment of a task force for each investigation of "dumping" allegations to serve as an intermediary between the Secretary and the industrial and labor groups interested in the investigation.
United States · United States Congress · 4 April 1978
Urban Growth Act - Amends the Internal Revenue Code to reduce corporate income tax rates. Increases the corporate surtax exemption to $100,000. Makes the regular investment tax credit permanent. Allows an additional ten percent investment tax credit for new property placed in depressed areas. Increases the limitations on the investment credit to allow it to offset 100 percent of the taxpayer's current liability. Increases the credit allowable for employment of new employees by an amount equal to one percent of the unemployment insurance wages paid to qualified employees during periods of unemployment exceeding seven percent nationally. Allows accelerated amortization of depreciable equipment (with a 60 month period) and facilities (with a period equal to one-half each facility's useful life) which are placed in high unemployment areas. Repeals the income tax exclusion of dividends received by individuals. Allows qualified domestic corporations an unlimited deduction for dividends paid. Provides flat limitations on corporate deductions for dividends from foreign corporations where the taxpayer is not claiming a net operating loss. Allows the current deduction of federally-required, nonproductive expenditures as business expenses. Provides for annual cost-of-living adjustments to depreciation allowances, property bases, and the interest paid on United States savings bonds and certificates, as well as the redemption value of all United States obligations of a year or more, including savings bonds and certificates.
United States · United States Congress · 4 April 1978
Amends the Internal Revenue Code to provide that an individual's allowable charitable contributions shall be deducted when determining the individual's adjusted gross income, thereby allowing the deduction to individuals who do not itemize.
United States · United States Congress · 4 April 1978
Truth in Regulation Act - Directs the Environmental Protection Agency and all other Federal regulatory agencies to issue an economic cost and environmental impact analysis prior to the enactment of any new regulation. Establishes a standing task force in each community affected by proposed agency regulations which shall prepare an economic impact statement regarding the proposed regulation. Requires such statement to include a statistical analysis of the economic and employment impact of proposed regulations. Requires these task forces to report their findings directly to the administrator of the relevant agency for inclusion in the agency's findings as reported to Congress. Declares that no regulation shall take effect unless both the agency and the task force find that compliance will not cause a higher percentage of unemployment in the industry directly affected. Permits Congress to waive this requirement.
United States · United States Congress · 22 March 1978
Amends the Internal Revenue Code to allow public utilities to exclude from gross income, as contributions to capital, all amounts received in aid of construction of electric energy, steam, or gas facilities.
United States · United States Congress · 22 March 1978
Bretton Woods Agreements Review Act - Amends the Bretton Woods Agreements Act to terminate all authority granted under such Act (including participation in the International Monetary Fund and the International Bank for Reconstruction and Development) after September 30, 1981, unless reauthorized by Act of Congress.
United States · United States Congress · 22 March 1978
National Infant Screening Act - Amends the Public Health Service Act to direct the Secretary of Health, Education, and Welfare to make grants and contracts to public and private entities to acquire the automated equipment, supplies, and personnel required to conduct multiple screening of blood specimens routinely collected from newborn infants for metabolic disorders. Requires the States to develop plans for the screening, diagnosis, and management of newborn infants for metabolic disorders. States that no entity shall be eligible for a grant under this Act unless it is in compliance with the applicable State plan.
United States · United States Congress · 22 March 1978
Amends the Foreign Assistance Act of 1961 to require that appropriations for the United Nations for any fiscal year be reduced by an amount equal to the product of the United States contribution to the United Nations for the preceding year and the proportion which the aggregate budget of the Committee on the Exercise of the Inalienable Rights of the Palestinian People and the Special Unit on Palestinian Rights for such fiscal year bears to the budget of the United Nations for such fiscal year.
United States · United States Congress · 22 March 1978
Illegal Alien Control Act - Directs the Attorney General to establish a border patrol force of not less than 3,800 officers. Directs the Attorney General to report to the President and the Congress on the feasibility of: (1) establishing a system for issuing machine readable identification cards to aliens entering the United States; and (2) utilizing the most current technology in electronic sensing devices in patrolling land borders. Amends the Immigration and Nationality Act to exclude from the definition of the term "immigrant" those persons entering the United States for a period of not more than one year to perform temporary services or labor if the Secretary of Labor has determined and certified to the Attorney General that there are not sufficient workers available at the aliens' destination who are willing and able to perform such services. Directs the Secretary to refer to employers who request such certification, workers in the number desired, able and qualified, and who agree to present themselves to commence employment on the date and for the period specified. Directs the Secretary of Health, Education, and Welfare to issue social security cards for aliens who may be employed or receive public assistance in the United States. Specifies the information which an alien must provide when applying for a social security card. Requires the applicant to supply either proof of the individual's citizenship or alien status, or an affidavit that the individual was assigned a social security account number at least five years before the date of application for the card. Prohibits the employment or provision of public assistance to an individual specified in this Act unless such individual presents a social security card to the employer or agency and the employer or agency submits required information to the Secretary. Establishes a civil penalty for the violation of such prohibition. Prohibits the employment or provision of public assistance to an alien whose status under the Immigration and Nationality Act does not permit such alien to work or receive public assistance. Establishes penalties for presenting a false social security card or providing fraudulent information in order to obtain employment or public assistance. Amends the Comprehensive Employment and Training Act of 1973 to prohibit the use of Federal financial aid to provide job training or employment opportunities to aliens who are not authorized to work or who are illegally in the United States. Amends the Internal Revenue Code to prohibit income tax deductions for wages paid to aliens illegally working in the United States. Amends the Immigration and Nationality Act to prohibit the Secretary of Labor, when adjudicating the petition of an alien for admission to perform skilled or unskilled labor, from considering the work experience gained by the alien in the United States during any time while in an immigration status in which employment was not authorized for the alien. Authorizes the seizure and forfeiture of vessels, vehicles, and aircraft used to illegally transport aliens into the United States. Sets forth exceptions to such seizure and forfeiture provision, including a vessel, vehicle, or aircraft used as a common carrier unless the owner or other person in charge was at the time of the alleged illegal act a consenting party or privy thereto. Amends the Social Security Act to prohibit the payment of Aid to Families with Dependent Children benefits and Medicaid benefits to illegal aliens. Adds border crossing cards, alien registration receipt cards, and other documents prescribed by regulation for entry into the United States to the list of documents the false making of which shall be punished by fine or imprisonment or both.
United States · United States Congress · 15 March 1978
Amends rule XI of the Rules of the House of Representatives to require that all committee reports accompanying public bills or joint resolutions which authorize or appropriate specific sums for any fiscal year contain a computation of the annual tax impact of such legislation on the individual taxpayer.
United States · United States Congress · 15 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.
United States · United States Congress · 7 March 1978
Elephant Protection Act - Prohibits the import, export, possession, transport, or sale of any elephant product. Directs the Secretary of the Interior to administer this Act. Authorizes the Secretary to issue permits for acts herein prohibited for scientific purposes. Establishes civil and criminal penalties for violation of this Act. Establishes rewards for persons providing information regarding violations of this Act. Requires the Secretaries of the Interior, Treasury, and the department in which the Coast Guard is operating to enforce this Act, and to promulgate regulations for such enforcement. Permits citizens suits to enforce this Act.
United States · United States Congress · 7 March 1978
Amends the Rehabilitation Act of 1973 to rescind the authority of the Secretary of Health, Education, and Welfare to designate a type of disability as qualifying as a "severe handicap" for purposes of such Act.
United States · United States Congress · 7 March 1978
Botulism Prevention Act - Prohibits the Secretary of Agriculture, for a two-year period, from issuing any order or regulation: (1) restricting the use of nitrites or nitrates as preservatives in meat products beyond the degree recommended in the final report of the Department of Agriculture's Expert Panel on Nitrates, Nitrites, and Nitrosamines; or (2) requiring labeling on meat products concerning nitrites or nitrates in addition to the requirements in effect on January 1, 1978.
United States · United States Congress · 6 March 1978
Social Security Financing Amendments - Title I: Provisions to Improve the Financing of the Old Age-Survivors, and Disability Insurance Program - Amends the Internal Revenue Code to increase the rate of tax established by the Social Security Financing Amendments of 1977 on wages received by the employees and paid by employers, and on the earnings of the self employed, for the purposes of Title II (Old-Age, Survivors, and Disability Insurance) of the Social Security Act. Maintains at the level established by the Social Security Amendments of 1977 the rate of tax on employment and self employment income for purposes of Title XVIII (Medicare) of the Social Security Act. Increases, to specified levels, the allocations of wages and self-employment income from the Treasury to the Federal Disability Insurance Trust Fund. Establishes measures to maintain balances in the Federal Old-Age and Survivor Insurance Trust Fund, and the Federal Hospital Insurance Trust Fund sufficient to make the payments required of such funds by means of loans among such funds. Title II: Improvement of Long-Range Financing Through a Gradual Increase in Retirement Age - Increases, from 65 to 68 years, the retirement age at which an individual may receive old-age, wife's, husband's, widow's or widower's insurance benefits without a reduction because such individual became eligible for such benefits before reaching retirement age. Sets forth a schedule for such increase in steps to occur between December, 1999 and March, 2011. Title III: Working Spouse's Benefit and Elimination of Gender-Based Distinctions Under the Old-Age, Survivors, and Disability Insurance Program - Establishes a "working spouse's benefit" under Title II. Provides that any individual who receives both old-age benefits or a disability insurance benefit and wife's, husband's, widow's, widower's, or mother's insurance benefits shall be entitled to such working spouse benefit. States that such benefit shall be a percentage of the smaller of the two benefits to which the recipient was entitled. Limits the receipt of such benefits to one member of a married couple when both members are eligible. Amends Title II to eliminate gender-based distinctions in awarding benefits under such Title. Equalizes treatment of fathers, husbands, divorced husbands, surviving divorced husbands, and widowers with the treatment of their female counterparts under the Old-Age, Survivors, and Disability Insurance Program. Eliminates marriage or remarriage of a benefit recipient as a factor in terminating or reducing benefits. Title IV: Coverage of Federal Employees Under the Old-Age, Survivors, and Disability Insurance Program - Amends Title II of the Social Security Act and the Internal Revenue Code to include Federal employees within the coverage of the Social Security system. Directs the Secretary of Health, Education, and Welfare in consultation with the Civil Service Commission to carry out a detailed study of how best to coordinate the benefits of the civil service retirement system and the benefits of the old-age, survivors, and disability insurance system, with the objective of developing for Federal employees a combined program of retirement, disability, and related benefits which will assure that such employers are no worse off, comparing their benefits under the combined program with the benefits they would receive under the Federal staff retirement systems at the time of their coverage under the old-age, survivors, and disability insurance system pursuant to the amendments made by this Act. Directs the Secretary to carry out a study of how best to coordinate the Medicare program and the program established by the Federal Employees Health Benefits Act, with the objective of developing for Federal employees a combined program of health insurance benefits to accompany the retirement and disability program developed by this Act. Title V: Liberalization and Eventual Repeal of Earnings Limitation for Individuals Age 65 and Over - Increases the minimum amount which an individual may earn before suffering a loss or reduction of benefits under the Old-Age, Survivors, and Disability Insurance program to $625 for each month of the taxable year ending after 1980 and before 1982. Removes the earnings limitation for taxable years beginning after January 1, 1982.
United States · United States Congress · 3 March 1978
Amends the Internal Revenue Code to apply the same tax rates to married persons filing separate returns as are presently applicable to unmarried individuals.
United States · United States Congress · 2 March 1978
Amends the Food Stamp Act of 1977 to deny eligibility for food stamps to any household including a person participating in a strike or labor dispute which the President determines is causing or substantially contributing to: (1) a critical shortage of any essential resource or strategic material; or (2) unemployment in an industry not directly involved in such strike or labor dispute.
United States · United States Congress · 27 February 1978
Directs the Secretary of the Interior to conduct the sale of public lands in the town of Red Mountain, San Bernadino County, California, pursuant to the Townsite Act as in effect before October 21, 1976.
United States · United States Congress · 24 February 1978
Urges the Secretary of Defense not to include within the competitive rate program (under which services are procured for the movement of the household goods of Department of Defense employees) the movement of household goods of Department personnel who are being transferred between the continental United States and Alaska or Hawaii.
United States · United States Congress · 21 February 1978
Denies payment to a local government by the Secretary of the Interior based on the amount of public lands within the boundaries of such locality when such lands were acquired by a State or local unit of government solely for the purpose of conveyance to the United States.
United States · United States Congress · 15 February 1978
Amends the Board for International Broadcasting Act of 1973 to prohibit assistance to Radio Free Europe or Radio Liberty if any Communist country is permitted to use such broadcast facilities.
United States · United States Congress · 15 February 1978
Expresses the sense of the House that the national motto, "In God We Trust," shall continue to be engraved and printed on the currency of the United States.
United States · United States Congress · 14 February 1978
Amends the Department of Defense Appropriations Act, l978 to repeal the provision of such Act which prohibits the payment of lodging expenses for individuals away from their post of duty on official business when adequate government quarters are available but are not occupied by such individual.
United States · United States Congress · 9 February 1978
Special Prosecutor Act - Directs the Attorney General to conduct an investigation upon receiving specific information that any of specific former or present national campaign managers or Federal officials, including the President, Vice President, judges, or Members of Congress, has authorized or engaged in any violation of Federal law other than a petty offense. Requires the Attorney General to report the results of such investigations to a special court to be comprised of three retired circuit judges, and to apply to the court for the appointment of a special prosecutor where warranted. Permits the court to appoint a special prosecutor without an application if (1) it receives information regarding a violation by an official covered by this Act, and (2) it determines that it would be inappropriate for the Department of Justice to investigate the matter. Directs the Attorney General to promulgate rules and regulations requiring any officer or employee of the Department of Justice to disqualify himself from participation in a particular investigation or prosecution if participation may result in a conflict of interest or appearance thereof.
United States · United States Congress · 9 February 1978
Declares it the sense of Congress that the President should (1) terminate negotiation efforts to formulate a Rhodesian settlement acceptable only to radical Marxist oriented external forces and a terrorist-guerilla faction, and (2) declare support for Rhodesian leaders who are prepared to allow the Rhodesian government to be chosen in free elections based on adult universal suffrage.
United States · United States Congress · 1 February 1978
Amends the Administrative Procedure Act to require Federal agencies to prepare and publish in the Federal Register an economic impact analysis of all proposed and final rules subject to the provisions of the Act.
United States · United States Congress · 1 February 1978
Special Prosecutor Act - Directs the Attorney General to conduct an investigation upon receiving specific information that any of specific former or present national campaign managers or Federal officials, including the President, Vice President, judges, or Members of Congress, has authorized or engaged in any violation of Federal law other than a petty offense. Requires the Attorney General to report the results of such investigations to a special court to be comprised of three retired circuit judges, and to apply to the court for the appointment of a special prosecutor where warranted. Permits the court to appoint a special prosecutor without an application if (1) it receives information regarding a violation by an official covered by this Act, and (2) it determines that it would be inappropriate for the Department of Justice to investigate the matter. Directs the Attorney General to promulgate rules and regulations requiring any officer or employee of the Department of Justice to disqualify himself from participation in a particular investigation or prosecution if participation may result in a conflict of interest or appearance thereof.
United States · United States Congress · 1 February 1978
Amends the Internal Revenue Code to allow taxpayers to deduct all current expenditures for plants and facilities which are otherwise chargeable to capital account and which are certified as required by Federal law and as not significantly increasing the plant's or facility's value or productivity.
United States · United States Congress · 26 January 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.
United States · United States Congress · 19 January 1978
Calls upon the President to direct the Attorney General to retain David W. Marston as United States Attorney for the Eastern District of Pennsylvania until all investigations of corruption involving public officials presently being conducted in such district are concluded.
United States · United States Congress · 15 December 1977
Declares that it is the policy of the Congress in the interest of public health to phase out Federal assistance which promotes the production of tobacco and the manufacturing and marketing of tobacco products for human consumption. Directs the Secretary of Agriculture to study and report to the President and to the appropriate Congressional committees his findings and recommendations regarding the probable economic effects (particularly on family farmers) of the phasing out of specified Federal tobacco assistance programs.
United States · United States Congress · 15 December 1977
Omnibus Anti-Terrorism Act - Title I: Aircraft Piracy - Authorizes civil penalties for carrying an accessible weapon aboard an aircraft and for imparting or conveying information known to be false regarding one of specified crimes aboard an aircraft. Specified criminal penalties for threatening to commit air piracy or any other of certain crimes aboard an aircraft. Title II: Findings and Purposes - States Congressional findings relative to the purpose of this Act and defines specified terms used therein. Title III: Reorganization of Executive Office of the President - Establishes a Council to Combat Terrorism in the Executive Office of the President. Includes among the council's functions: (1) assisting the President to implement this Act; (2) assisting in the preparation of lists of countries aiding terrorist enterprises and of dangerous foreign airports, and (3) coordinating Federal efforts to combat terrorism. Directs the President to: (1) report to Congress on each act of terrorism which involves or affects United States citizens; and (2) impose sanctions against countries on the list of countries aiding terrorists and against airports on the list of dangerous foreign airports. Title IV: Reorganization of the Department of State - Establishes a Bureau for Combating International Terrorism in the Department of State. Urges the President to seek international agreements which assure cooperation in combating terrorism. Lists provisions which should be given priority in negotiating such agreements. Requires the President to: (1) develop programs to insure full implementation of the Convention for the Suppression of Unlawful Acts Against the Safety of Civil Aviation; (2) approve all defense article sales and credit made to any individual or group; and (3) include the names of all types of explosives on the United States Munitions List. Title V: Reorganization of the Department of Justice - Establishes an office for Combating Terrorism in the Department of Justice. Directs the President to extend existing safety and security requirements to supplemental means of air transportation. Requires all explosives to contain identification and detection taggants. Title VI: Aircraft Sabotage and Piracy - Amends provisions of title 18 of the U.S. Code that specify prohibited acts regarding the destruction of aircraft or aircraft facilities to, among other revisions, set forth penalties for committing violence against a passenger which is likely to endanger an aircraft in service, and for communicating false information which result in endangering the safety of an aircraft in flight. Sets forth penalties for a person found in the United States who has committed against or aboard a foreign aircraft an offense in violation of the Convention for the Suppression of Unlawful Acts Against the Safety of Civil Aviation.
United States · United States Congress · 15 December 1977
States that during the year following the enactment of this Act the Secretary of the Interior shall neither withhold water delivery from any beneficiary of a Federal reclamation project nor initiate any proceeding intended to require the sale of privately owned lands within any project, for purposes of achieving conformity with acreage limitations or residency requirements of reclamation law.
United States · United States Congress · 6 December 1977
Expresses the sense of the House of Representatives that the Secretary of the Department of Housing and Urban Development should not implement the proposed reorganization of the field and insuring offices of the Department of Housing and Urban Development prior to the time when the appropriate committees of the Congress have had an opportunity to hold hearings on such reorganization.
United States · United States Congress · 29 November 1977
Directs the Secretary of the Treasury to pay a specified sum to a certain corporation in settlement of such corporation's claims against the United States.
United States · United States Congress · 29 November 1977
Expresses the sense of the Congress that Anwar el Sadat and Menachem Begin be commended for the steps they have taken towards peace in the Middle East.
United States · United States Congress · 18 November 1977
States that during the year following the enactment of this Act the Secretary of the Interior shall neither withhold water delivery from any beneficiary of a Federal reclamation project nor initiate any proceeding intended to require the sale of privately owned lands within any project, for purposes of achieving conformity with acreage limitations or residency requirements of reclamation law.
United States · United States Congress · 4 November 1977
Declares the sense of the Congress that the President and the Secretary of State should take all necessary steps to bring the Baltic States question before the United Nations and to urge the United Nations to request the Soviet Union to withdraw all non-native troops, agents, colonists, and controls from the Republics of Lithuania, Latvia, and Estonia, and to return all Baltic exiles from Siberia and from prisons and labor camps in the Soviet Union. Requires the Secretary of State to do his utmost to bring the matter of the Baltic States to the attention of all nations by means of special radio programs and publications. Declares that the United States should not agree to the recognition of the Soviet Union's annexation of Lithuania, Latvia, and Estonia. Directs the President to take steps to provide that all maps of Europe show the Republics of Lithuania, Latvia, and Estonia as independent states. Calls for a return of self-determination to the peoples of Lithuania, Latvia, and Estonia through free elections conducted under the auspices of the United Nations.
United States · United States Congress · 3 November 1977
Declares it the sense of Congress that the sovereign rights of the United States in the Panama Canal Zone shall not be transferred, and that no Federal funds shall be made available for negotiation or implementation of any treaty or other agreement which may impair the sovereign rights of the United States in the Canal Zone.
United States · United States Congress · 2 November 1977
Amends the Internal Revenue Code to qualify trusts established for the payment of medical malpractice claims as tax exempt organizations. Allows taxpayers a business income tax deduction for reasonable amounts contributed to such trusts.
![Official portrait of Rep. Ketchum, William M. [R-CA-18]](https://www.congress.gov/img/member/k000153_200.jpg)