United States · United States Congress · 26 June 1986
Defense Industrial Reserve Improvement Act of 1986 - Amends the Defense Industrial Reserve Act of 1948 to direct the Secretary of Defense to transfer excess industrial property from the Defense Industrial Reserve to other Government agencies, with reimbursement from such agencies for the use of such property. Directs the Secretary to prescribe general policies and fee schedules for reimbursement of the Department of Defense by Government agencies for the use of such defense industrial reserve equipment.
United States · United States Congress · 26 June 1986
Tax Collection and Enforcement Improvement Act of 1986 - Title I: Collections and Enforcement Staff Enhancement - Requires the Secretary of the Treasury, within five fiscal years of the enactment of this Act, to reduce the level of delinquent debt by at least $5,000,000, through the strengthening of the collection activities of the Internal Revenue Service. Requires the Secretary to increase the collection staff by 1,500 employees in FY 1987. Requires the Secretary, within 180 days of enactment of this Act, to submit a plan to the Congress to reduce the growth of backlogged collections and increase collection of taxes. Provides that the plan is to detail the allocation of staff in all aspects of the collection process, based on projected workload and to include an estimate of future staffing needs. Authorizes appropriations to the Internal Revenue Service as necessary to carry out these requirements. Directs the Secretary to increase by 1,000 in FY 1987 the Internal Revenue Service staff allocated to the information returns (document matching) program. Requires the Secretary to submit, within 180 days, a plan to strengthen the Information Returns Program, which shall include an estimate of staffing needs. Authorizes appropriations to carry out the program to strengthen the Information Returns Program. Directs the Secretary of the Treasury to increase by 2,500 the Internal Revenue Service staff positions in the tax return examination and enforcement function area in each of FY 1987, 1988, and 1989. Requires the Secretary, within 180 days of enactment, to submit a plan to increase the number of returns audited to at least two percent and to raise taxpayer compliance to 90 percent within the next five years. Provides that the plan shall recommend any additional staffing needs. Requires the Secretary, within 60 days after the end of FY 1987, and each year following, to submit a report to the Congress on the status of tax collections and the level of delinquent debt. Title II: Improvement of Collection Practices - Requires the Secretary to classify all delinquent accounts based on stage of collection, value, type of taxpayer, type of tax, source of delinquency, taxpayer collection history, and other such criteria as the Secretary deems necessary to better provide the Internal Revenue Service with information with which to manage the collection process. Requires levy source information to be included with closing agreements or any such document that concludes an examination where the entire tax is not paid. Authorizes the Secretary to use electronic funds transfers or payroll deductions to collect taxes when payments under installment agreements are delinquent. Title III: Collection of Alcoholic Occupational Tax - Prohibits wholesale dealers in beer, wine, and distilled spirits from selling beer, wine, and distilled spirits to any retail dealer unless that retailer has paid the alcoholic occupational tax. Requires each wholesaler to keep records of the retailer's compliance with the alcoholic occupational tax. Requires the Secretary to match information on income tax returns to identify noncompliant retailers.
United States · United States Congress · 19 June 1986
Designates July 3, 1986, as Let Freedom Ring Day. Requests the President to encourage people to ring bells immediately following the relighting of the torch of the Statue of Liberty.
United States · United States Congress · 17 June 1986
Amends the National Housing Act to extend authority through FY 1987 for: (1) title I financial institution insurance for housing renovation and modernization; (2) general mortgage insurance; (3) low and moderate income and displaced families mortgage insurance; (4) homeownership for lower income families including mortgage insurance authority and housing stimulus authority; (5) mortgage co-insurance, including rental rehabilitation and development projects; (6) graduated payment and indexed mortgage insurance; (7) the demonstration mortgage reinsurance program; (8) mortgage insurance for armed forces' civilian employees and defense housing for impacted areas; (9) mortgage insurance for land development; and (10) mortgage insurance for medical and dental group practice facilities. Sets forth specified limits on FY 1986 and 1987 insured housing loans and on FY 1987 guaranteed mortgage-backed securities. Amends the Housing Act of 1964 to extend urban rehabilitation loan authority through FY 1987. Amends the Housing Act of 1949 to extend Farmers Home Administration authority through FY 1987 for: (1) insured loans for rental and cooperative housing and related facilities for elderly persons and families in rural areas; (2) rural communities with 10,000 to 20,000 population to participate in rural housing programs; and (3) mutual and self-help housing grant and loan authority. Amends the National Flood Insurance Act of 1968 to extend authority for national flood insurance, including emergency implementation and flood-risk zones through FY 1987. Amends the National Housing Act to extend authorities for the national crime insurance program and existing contracts through FY 1987. Amends the Housing and Community Development Act of 1974 to extend community development block grant entitlement authority for certain metropolitan city and urban county areas through FY 1987. Amends the Housing and Urban-Rural Recovery Act of 1983 to extend for 30 days the maximum interest rate limitation on loans for housing and related facilities for elderly or handicapped families through FY 1987. Extends the Home Mortgage Disclosure Act through FY 1987.
United States · United States Congress · 12 June 1986
Corporation for Small Business Investment Charter Act - Amends the Small Business Investment Act of 1958 to include in the terms "small business investment company," "company," and "license" any company that is qualified to conduct business with the Corporation for Small Business Investment. Defines "small business concern" with respect to the Small Business Investment Act of 1958. Sets forth procedures for the qualification of small business investment companies (licensees) to conduct business with the Corporation for Small Business Investment and the termination, suspension, or revocation of the license of such companies that do not qualify under the provisions of this Act. Establishes the Corporation for Small Business Investment. Requires the President, within 60 days after enactment of this Act, to appoint an interim Board of Directors of the Corporation. Authorizes the Corporation to issue common and preferred stock and certain other obligations to small business investment companies. Authorizes the Secretary of the Treasury to purchase obligations issued by the Corporation. Exempts from U.S. securities laws all stocks and obligations issued by the Corporation. Deems the Corporation to be a U.S. agency. Authorizes the Corporation to: (1) make loans to small business investment companies; (2) purchase preferred securities, debentures, and guarantee debentures issued by such companies; and (3) act as issuer of such securities. Requires the Corporation to establish criteria for the qualification of: (1) small business investment companies to conduct business with such Corporation; and (2) special small business investment companies whose investments will be made solely in disadvantaged small businesses. Establishes a special-purpose trust for the benefit of special small business investment companies. Authorizes: (1) the trustees to purchase preferred securities; and (2) the Corporation to purchase or to guarantee debentures issued by special small business investment companies. Permits the purchase of ownership interests in small business investment companies by national banks. Authorizes small business investment companies to: (1) purchase stock issued by the Corporation; (2) borrow money; and (3) issue debenture bonds, promissory notes, or other obligations under conditions as prescribed by the Corporation. Authorizes the Corporation to enter into agreements regarding the operation of small business investment companies. Authorizes small business investment companies to provide equity capital and loans to small businesses. Requires the Corporation to adopt rules on conflicts of interest which may be detrimental to: (1) small businesses; (2) small business investment companies; or (3) the Corporation. Provides that the Small Business Administration shall have review authority over the Corporation. Requires the accounts of the Corporation to be audited annually. Requires a report of each audit to be: (1) furnished to the Secretary of the Treasury; and (2) made by the Secretary to the President and the Small Business Committees of the Congress not later than six months following the close of each fiscal year. Requires the Corporation, after the end of each fiscal year, to transmit to the President, the Small Business Committees of the Congress, and the Small Business Administration a report of its operations and activities during each year. Transfers to the Corporation all title to small business investment company securities that are guaranteed by the SBA and held by the Federal Financing Bank.
United States · United States Congress · 12 June 1986
Amends part E (Foster Care and Adoption Assistance) of title IV of the Social Security Act to require States to annually furnish, and the Secretary of Health and Human Services to annually publish, statistical data on adoptions finalized in the States during the preceding calendar year. Requires that such data include: (1) the number of adoptions finalized; (2) information pertaining to the adopted children as well as their biological mothers and adoptive parents; and (3) the manner in which such children were placed for adoption.
United States · United States Congress · 12 June 1986
Directs the Postmaster General to produce and sell postage stamps commemorating the crew of the space shuttle Challenger. Requires that the design for the stamps be selected from among designs submitted by elementary and secondary school students.
United States · United States Congress · 11 June 1986
Amends the Federal criminal code to establish penalties for damaging or destroying any religious real property or interfering with any person's free exercise of religious beliefs.
United States · United States Congress · 11 June 1986
Child Protection Act of 1986 - Amends the Racketeer Influenced and Corrupt Organizations (RICO) Statute to extend its coverage to the sexual exploitation of children. Allows any person injured personally or in his business or property by such violations to bring a civil suit for treble damages. Amends the Federal criminal code to require a mandatory life sentence in kidnapping offenses involving the murder of a minor. Establishes mandatory minimum sentences for the sexual exploitation of minors. Provides that the period of any applicable limitation for the commencement of prosecution for certain offenses involving the sexual exploitation of children shall not begin until the child has reached the age of 18 years. Directs the Attorney General to submit a report to the Congress detailing possible changes in the Federal Rules of Evidence, the Federal Rules of Civil Procedure, the Federal Rules of Criminal Procedure, and other procedures which would facilitate the participation of child witnesses in cases involving child abuse and sexual exploitation. Directs the Attorney General to modify the classification system used by the National Crime Information System and the Federal Bureau of Investigation with respect to offenses involving the sexual exploitation of children by: (1) including the age of the victim and the relationship of the victim to the offender; and (2) using a uniform definition of a child. Grants the Postal Service certain authority with respect to the seizure and forfeiture of materials used in, or depicting, the sexual exploitation of children. States that amounts received from such forfeitures shall be deposited in the Postal Service Fund.
United States · United States Congress · 11 June 1986
Establishes a formula for determining the allocation of official mail costs for Members of Congress for any fiscal year beginning with FY 1987. Directs the Senate Committee on Rules and Administration and the House Committee on House Administration to determine, and provide written notice to each Member of, the allocation of such Member. Requires the Committees to prescribe regulations to carry out this resolution. Requires the Committees to publish a quarterly statement on official mail costs.
United States · United States Congress · 11 June 1986
Expresses the sense of the Congress that the Director of the National Institutes of Health should transfer the Silver Spring Monkeys to the Primarily Primates, Inc., animal sanctuary in San Antonio, Texas.
United States · United States Congress · 5 June 1986
United States House of Representatives Election Recount Act of 1986 - Declares that any recount of ballots for the office of Representative shall be completed: (1) in a general election by December 31 of the year of the election; and (2) in a special election by the end of six weeks after the election.
United States · United States Congress · 3 June 1986
Depository Institution Examination Improvement Act of 1986 - Redesignates the Financial Institution Examination Council as the Depository Institutions Examination Council. Directs the Council to: (1) divide the continental United States into regions approximating the districts of the Federal depository institutions regulatory agencies; (2) study and report to such regulatory agencies annually on the amounts of compensation and benefits provided to private sector accountants, auditors, and other representatives of financial service industries in each region who perform functions similar to those performed by Federal examiners; and (3) prepare guidelines for such agencies which would ensure adequate compensation for living and travel expenses for any Federal examiner who is temporarily assigned outside of his or her regular region of employment. Requires such report to be considered in the establishment and approval of Federal examiner compensation. Repeals provisions requiring the Secretary of the Treasury's approval of examiners appointed by the Comptroller of the Currency. Provides that specified civil service laws concerning employment and retention, performance, pay and allowances, and retirement shall not apply to any Federal depository institutions regulatory agency or any officer or employee thereof. Defines such an agency as the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation (FDIC), the Federal Home Loan Bank Board (FHLBB), the Federal Savings and Loan Insurance Corporation (FSLIC), and the National Credit Union Administration (NCUA). Provides that the estimated expenditures and receipts of such entities (excluding the Federal Reserve Board) included in the annual Federal budget submitted to the Congress by the President shall be submitted to the President before October 16 of each year and included in the President's budget without change. Exempts such entities from fiscal, budget, appropriation, and fund apportionment requirements. Amends the Balanced Budget and Emergency Deficit Control Act (Gramm-Rudman-Hollings Act) to exempt from reduction under any sequestration order: (1) assessment funds of the Comptroller of the Currency; (2) the FDIC; (3) the FHLBB; (4) the FHLBB revolving fund; (5) the FSLIC fund of the FHLBB; and (6) the central liquidity facility, the credit union share insurance fund, and the operating fund of the NCUA. Provides that the pay and number of employees of a regulatory agency shall not be subject to any limitation imposed by any executive branch officer outside such agency. Directs the Council to study and report to each regulatory agency on proposals for retirement, disability, and other appropriate benefit programs for agency employees and dependents. Requires each agency, within 18 months after enactment of this Act, to establish a retirement and disability program or to consider modifying any existing program on the basis of the Council's recommendations. Permits each agency to establish other employee benefit programs. Provides for the transfer of accrued employee and employer contributions and interest therein from the Civil Service Retirement and Disability Fund to the agency employee retirement and disability program. Subjects the FHLBB, the Federal Home Loan Banks, the FSLIC, and the NCUA to audits by the Comptroller General. Establishes the FSLIC as a mixed-ownership Government corporation (currently listed as a wholly owned Government corporation). Repeals specified authority of the Treasury to approve actions and appoint staff of the Comptroller of the Currency. Directs the Council to: (1) develop a proposal for consolidating all Federal examiner training programs in one school to be established and conducted by the Council; and (2) report to specified congressional committees on its findings, legislative recommendations, and the savings to the regulatory agencies that would result from such consolidation. Requires the Council to: (1) study the feasibility of establishing a graduate degree program in financial management analysis for officers and employees of the regulatory agencies and the State depository institutions' supervisory agencies (State agencies); and (2) report to specified Congressional committees on its findings, legislative recommendations, the cost of establishing and conducting the program, and on the approval or disapproval by each regulatory agency of the Council's proposal for such program. Requires the Council to establish minimum requirements for examinations of depository institutions by State agencies in order for such an examination to be acceptable for purposes of Federal law. Prohibits such requirements from exceeding the minimum standards in effect for Federal examiners. Directs the Council: (1) at least annually, to request each State agency which examines institutions subject to Federal examination to allow the Council to review its examination methods; (2) to notify a State agency if its examination methods do not satisfy such minimum requirements and allow the agency not more than three years to cure any deficiency; and (3) to notify each Federal regulatory agency if a State agency refuses to allow a review of its examination methods or fails to remedy any deficiency in its methods. Prohibits any Federal regulatory agency or any regional bank, branch, or other office of such Federal agency from relying on any report of examination by a State agency for which such a notice has been received to fulfill an examination requirement under Federal law. Permits the Council to limit the scope of a notice to: (1) a separate branch or department of a State agency which has authority to conduct examinations; or (2) a State agency's capacity to examine a particular type of depository institution. Requires the FDIC, the FHLBB, the FSLIC, and the NCUA Board to accept any report of examination made by a State agency which meets the minimum requirements as determined by the Council, unless any such entity determines that the State agency does not meet such minimum requirements and notifies the State agency of the reason for such entity's refusal to accept such agency report.
United States · United States Congress · 22 May 1986
Declares that the United States grants jurisdiction to the courts of the Salt River Pima Maricopa Indian Community to prosecute persons who commit misdemeanors within its territory. Subjects such courts to specified provisions of the Indian Civil Rights Act.
United States · United States Congress · 22 May 1986
Constitutional Amendment - Requires the President, prior to each fiscal year, to transmit to the Congress a proposed Federal budget in which total outlays do not exceed total estimated revenues. Permits the President to recommend an alternative budget in which outlays exceed revenues with a detailed explanation of the need for such excess. Prohibits the Congress from making any law which would cause outlays to exceed revenues in a fiscal year. Permits the Congress to suspend such prohibition in time of war or national emergency by passing a concurrent resolution by a three-fifths vote of both Houses. Prohibits enactment of a bill to increase revenue unless it passes each House of Congress by a majority rollcall vote.
United States · United States Congress · 20 May 1986
Amends the Internal Revenue Code to allow homeowners to deduct the full amount of prepaid interest in connection with the refinancing of their principal residences for the taxable year in which paid.
United States · United States Congress · 14 May 1986
Designates the school year of September 1986 through May 1987 as National Year of the Teacher and January 28, 1987, as National Teacher Appreciation Day.
United States · United States Congress · 13 May 1986
Establishes the San Pedro Riparian National Conservation Area, Arizona. Directs the Secretary of the Interior to develop, within two years, a comprehensive management plan for such area to protect the natural riparian, wildlife, cultural, and recreational resources. Directs the Secretary to establish a Multiple Use Advisory Council for such Area. Requires the Secretary to report within five years to the Congress on the implementation of this Act. Authorizes appropriations.
United States · United States Congress · 9 May 1986
Expresses the sense of the House of Representatives that: (1) Japan should allow U.S. semiconductor manufacturers full access to the Japanese semiconductor market; and (2) the President should take action to achieve such access, including action under the Trade Act of 1974.
United States · United States Congress · 8 May 1986
Title I: Short Title; Findings - Child Care Act of 1986 - Sets forth congressional findings regarding the child care policies of the country. Title II: Dependent Care Tax Credit and Voucher System - Part 1: Changes in Dependent Care Tax Credit - Amends the Internal Revenue Code to disallow dependent care tax credits when a taxpayer's adjusted gross income exceeds $50,000. Provides for a yearly cost-of-living adjustment to both base and ceiling amounts. Disallows such credit where any of the employment-related expenses are paid with any vouchers. Part 2: Voucher System for Child Care - Directs the Secretary of Health and Human Services to make grants to each State having an approved plan for child care vouchers for certain low income individuals. Authorizes appropriations for FY 1987 through 1990. Directs the Secretary to establish criteria, standards, and a timetable for the State plan. Requires the Secretary to reimburse a State for 75 percent of its costs under such plan. Provides for proportional allotments based upon the amount received under title XX (Grants to States for Social Services) of the Social Security Act. Permits a State to use block grant funds for the voucher plan. States that the redemption of a voucher for child care services by a child care provider constitutes receipt of Federal funds for purposes of provisions of the Civil Rights Act of 1964 relating to racial discrimination. Prohibits sex discrimination by any child care program. Exempts child care providers serving seven or fewer children. Permits the Secretary to withhold payment from a noncomplying State. Excludes the amount of any voucher from determinations of income or resources for purposes of any Federal or State law. Requires each State to report biennially to the Secretary on the implementation of the plan including the amounts used on vouchers from block grant funds. Requires the Secretary to report to the Congress an analysis of the State reports.
United States · United States Congress · 7 May 1986
Directs the Secretary of Defense to recover from Ferdinand Marcos certain expenses incurred by the Department of Defense in connection with the transportation of Marcos, his family, and his associates from the Republic of the Philippines and all subsequent expenses incurred by the Department on their behalf.
United States · United States Congress · 7 May 1986
Expresses the sense of the Congress that dairy cattle designated for slaughter under the dairy buyout program should be instead shipped to the Soviet Union and any European countries found to have been contaminated by the Chernobyl nuclear accident and to those countries not contaminated by the accident but which can provide food products to affected areas. Provides that feed grain from the Commodity Credit Corporation as well as dairy beef resulting from the buyout program's slaughtering activities should be made available to the stricken countries.
United States · United States Congress · 1 May 1986
Amends the Tariff Schedules of the United States to grant duty-free treatment of meat products and hides that are processed abroad from bovine of U.S. origin. Provides that a bovine is of U.S. origin if it was calved in the United States or was in the United States continuously during the 90-day period before the date of its exportation to a foreign country.
United States · United States Congress · 30 April 1986
Ballistic Knife Prohibition Act of 1986 - Amends the Federal criminal code to prohibit the possession, manufacture, sale, importation, and mailing of ballistic knives (knives with a detachable blade that is propelled by a spring-operated mechanism).
United States · United States Congress · 29 April 1986
Requests the Governor of each State (including the District of Columbia, Puerto Rico, Guam, and the Virgin Islands) to designate two residents for naturalization as citizens in an appropriate ceremony on Ellis Island on July 3 or 4, 1986. Waives specified naturalization sites provisions of the Immigration and Nationality Act for such ceremony. States that this Act authorizes no additional funds for expenses associated with such naturalization ceremony.
United States · United States Congress · 24 April 1986
Amends the Agricultural Act of 1949 to suspend the current milk production termination program while the Secretary of Agriculture develops a new program that will minimize the adverse effects on beef, pork, and lamb producers. Requires the Secretary to report to the appropriate congressional committees.
United States · United States Congress · 23 April 1986
Amends Federal armed forces provisions to direct the Secretary of the military department concerned to conduct an independent operational test and evaluation with respect to a major defense acquisition program under which a major system is to be acquired. Requires such test and evaluation to be conducted before the program may proceed into the production stage. Requires side-by-side testing as part of such test and evaluation. Requires the Director of Operational Test and Evaluation to independently analyze the results of each such operational test and evaluation, and to report such analyses to the Secretary of Defense. Prohibits the operational testing to be conducted until the Director approves in writing the adequacy of the plans for such operational test and evaluation. Authorizes the Secretary of Defense or the Secretary concerned to contract for low-rate initial production of a program only for the purpose of acquiring items for use in operational tests and evaluations. Prohibits a final decision from being made to proceed with full production of a program until 30 days after the congressional defense committees have received the report of the Director. Authorizes the President to suspend any provision of this Act in time of a declared war.
United States · United States Congress · 23 April 1986
Provides that any cost-of-living adjustment in military retirement and survivor benefit programs provided by law to take effect during FY 1987 shall be made in accordance with such law and not subject to any reduction, suspension, or contrary presidential order. Defines "military retirement and survivor benefit programs."
United States · United States Congress · 22 April 1986
Requires the Administrator of Veterans Affairs to contract with non-Veterans Administration (VA) health-care facilities for the furnishing of health care for veterans in areas determined to be substantial growth areas which are geographically inaccessible to present VA facilities. Defines "substantial growth area."
United States · United States Congress · 17 April 1986
Anti-Terrorism Act of 1986 - Declares that any person who organizes, attempts, commits, procures, or supports acts of terrorism shall be considered to have committed an act of aggression against the United States and may be pursued with deadly force. Defines terrorism to mean activity directed against U.S. persons which: (1) is committed by a non-U.S. national or permanent resident alien; (2) involves violent or dangerous acts which would be crimes in the United States; and (3) is intended to intimidate a civilian population, to influence government policy, or to affect the conduct of a government by assassination or kidnapping. Authorizes the President, subject to the provisions of the Constitution, to protect U.S. persons from terrorism through the use of all antiterrorism and counterterrorism measures that the President deems necessary. Requires the President's authority to apply: (1) to all terrorists wherever they may be; and (2) until the President determines that no terrorist poses a threat to U.S. persons. Prohibits this Act from being construed as granting any authority to use deadly force within the United States which would not exist in the absence of this Act. Requires the President to report to the Congress within ten days of taking any action under this Act.
United States · United States Congress · 17 April 1986
Declares that the House of Representatives, on behalf of the U.S. people, expresses its gratitude to the Government and people of the United Kingdom who assisted the United States in its exercise of self-defense against Libya and in the fight against state-sponsored international terrorism.
United States · United States Congress · 15 April 1986
International Debt, Trade, and Financial Stabilization Act - Title I: Measuring the Impact of the Debt Crisis on World Trade, Development, and Financial Stability - Sets forth congressional findings with respect to the impact of the debt crisis on world trade, development, and financial stability. Title II: Increasing World Bank Effectiveness - Requires the Secretary of the Treasury (the Secretary) to instruct the U.S. Executive Director of the International Bank for Reconstruction and Development (World Bank) to propose to the Bank's other directors that a temporary adjustment be made in current disbursement practices of such Bank that would permit, for at least four years, full release of committed loan funds to the central bank of the recipient country at the beginning of a project period to the extent that: (1) adequate accounting safeguards can be maintained to insure that the terms of the respective loan agreements are honored; and (2) the recipient country adequately describes how the accelerated disbursement will contribute to long-term economic growth. Requires the Secretary to instruct the U.S. Executive Directors of the multilateral development banks to propose to the other directors of such banks that each bank's share of any project loan already approved and awaiting disbursement should be immediately increased by the appropriate amount taking into account the current ability of the recipient country to provide matching local currency. Requires the Secretary, in order to promote the economic policy adjustments which are needed to help developing countries, to instruct the U.S. Executive Directors of the multilateral development banks to propose to the other directors of such banks that: (1) an increase be made in the amount of structural adjustment lending by each such bank and any percentage limitation on the number of structural adjustment loans in such bank's lending portfolio be removed (reflecting the U.S. policy of favoring the addition of structural adjustment lending to the bank's loan mix); (2) appropriate action be taken to ensure that the aims of such lending can be achieved; (3) the conditionality of structural adjustment lending should include innovative requirements designed to minimize any adverse impact of such lending on the lowest income groups in the developing countries; and (4) appropriate action be taken to ensure that such lending is consistent with environmentally sound and responsible development practices. Requires the Secretary to instruct the U.S. Director of the World Bank to enter into negotiations with other directors of such Bank and to propose the establishment of a fund within the World Bank that would make small-scale credit available to lower income groups in developing countries which have had no access to such credit. Requires the Secretary to report to specified congressional committees on the effectiveness of increased reliance on structural adjustment lending as a means of achieving economic reforms. Expresses the sense of the Congress that: (1) transfers of capital from developing countries pose an important problem that must be solved before the international debt crisis can be resolved and economic growth in developing countries can be enhanced and sustained; and (2) the U.S. Executive Director of the World Bank should initiate discussions with other directors of the Bank to develop policy proposals to reduce the level of capital transfers from the developing countries and the impact of such capital flight on the economies of such countries and report any such proposal to the Secretary and the Chairman of the Federal Reserve Board. Requires the Secretary to instruct the U.S. Executive Directors of the multilateral development banks to propose to the other directors of their banks that each such bank should increase lending in order to reform the financial sectors of indebted developing countries with particular emphasis on increases in loans for activities which would enlarge the capital markets of such countries and encourage domestic savings in such countries. Requires the President to initiate negotiations with other member nations of the World Bank to: (1) provide for the establishment of a banking entity or affiliate which would be authorized to offer stock for public subscription and borrow money and issue bonds and notes; and (2) authorize such banking entity or affiliate to make or guarantee loans. Requires the Secretary to study the need for a general increase in the amount of capital of the World Bank. Requires the Secretary to report to specified congressional committees on the findings of such study. Title III: Increasing World Trade and Economic Growth - Expresses the sense of the Congress that economic gains for developing countries and the recovery of U.S. economic strength can only be assured if world trade is expanded and market access for all trading partners is increased. Declares that it is U.S. policy that any aid provided to developing nations shall be consistent with and supportive of long-term trade liberalization in those countries and in worldwide markets. Requires the Secretary to instruct the U.S. Executive Directors of the multilateral development banks to: (1) propose to the other directors of their banks that all new loans or guarantees made by such banks shall be consistent with the removal of existing trade and investment barriers or of market access limitations of the recipient countries; (2) vote against any loan that would be inconsistent with the advancement of trade liberalization and increased market access within recipient countries; (3) propose to the other directors of their banks that the structural adjustment loans and the sectoral loans described in title II not be approved until an assessment is made of the extent to which the extension of such loans will promote trade liberalization and market access; (4) provide information and assistance to U.S. firms interested in bidding on projects in recipient countries and investigate complaints by U.S. bidders about the awarding of bank procurement contracts; (5) promote opportunities for export from the United States; and (6) ensure that project loans do not contribute to world market surpluses. Requires the Secretary to instruct the U.S. Director of the World Bank to propose to the other directors of the Bank that the Bank coordinate its actions more closely with the actions of the Contracting Parties to the General Agreements on Tariffs and Trade (GATT) so that GATT actions that liberalize trade are rewarded by appropriate additional World Bank capital. Requires the Secretary to instruct the U.S. Director of the World Bank to propose to the other directors of the Bank that the Bank seek GATT cooperation in acquiring information for and in preparing the bank's annual country-by-country review. Requires the Secretary to appoint a foreign commerce officer to serve with each of the U.S. Executive Directors of multilateral development banks. Requires the President and the Secretary to try to continue ongoing negotiations with West Germany, the United Kingdom, France, and Japan and to initiate negotiations with other countries in order to: (1) coordinate macroeconomic policies to promote economic growth and stable exchange rates; (2) achieve expansionist economic policies and agreements that are aimed at increasing the market for exports from the United States and developing countries; (3) promote growth-oriented economic policies; and (4) encourage all countries to base growth on a balance of foreign and domestic demand. Declares that a key U.S. objective in its participation in international economics or trade discussions is to obtain the agreement of the participants in such discussions to adopt expansionist economic policies and to take the actions necessary to increase the size of the market for exports from the United States and the developing countries. Requires the President and the Secretary to try to place such agreement on the agenda of any economic summit and to report to the Congress on the results of such efforts. Requires the Secretary to initiate consultations with countries that hold debt of developing countries in order to examine possible options for reducing the debt burden of developing countries that export oil. Requires the President to arrange for bartering surplus agricultural commodities for oil from debtor developing countries. Title IV: Insuring the Stability of the International Financial System - Requires the Secretary to explore the changes in the structure of U.S. capital markets and the regulation of private financial institutions which would be necessary to resolve the international debt crisis in a manner which is consistent with both increased growth in debtor nations and increased stability of the U.S. financial system. Sets forth certain proposals to be analyzed in such study. Requires the Secretary to report to specified congressional committees on such study. Requires the Secretary to instruct the U.S. Executive Director of the World Bank to propose to the other directors of the Bank that: (1) greater use of co-financing be made to encourage increased commercial bank participation in lending by such bank; and (2) steps be taken to increase the bank's role as an intermediary in generating new capital for the benefit of developing countries and to make credits available to satisfy the capital needs of small businesses owned by the very poorest individuals in the developing countries. Title V: Multilateral Investment Guarantee Agency - Multilateral Investment Guarantee Agency Act - Authorizes the President to accept membership for the United States in the Multilateral Investment Guarantee Agency (a part of the World Bank). Provides for: (1) a U.S. Governor and Alternate Governor of the Agency; (2) application of certain sections of the Bretton Woods Agreements Act; (3) certain restrictions on U.S. financing of the Agency; and (4) Federal Reserve Banks acting as depositories of the Agency. Grants Federal courts jurisdiction over actions by or against the Agency. Title VI: Inter-American Development Bank - Amends the Inter-American Development Bank Act to authorize the U.S. Governor of the Inter-American Development Bank to agree to specified amendments to the Articles of Agreement.
United States · United States Congress · 15 April 1986
Expresses the sense of the Congress that, in light of specified international human rights agreements, the Soviet Union should approve the exit visa applications of Doctor Naum Meiman and his wife, Inna Kitrosskaya, and arrange for them to go to the country of their choice. Urges the President to: (1) protest the Soviet Government's refusal to consider the exit visa applications of Dr. Meiman and his wife; (2) call upon all other signatory nations of the Helsinki Accords to join in such protest; and (3) instruct the U.S. delegation to the meeting of experts on human contacts organized under the auspices of the Conference on Security and Cooperation in Europe, to be held in Bern, Switzerland, to pursue this matter.
United States · United States Congress · 10 April 1986
Amends the Low-Income Home Energy Assistance Act of 1981 to specify the State allotment formula which the Secretary of Health and Human Services is required to use when implementing a presidential order requiring the sequestration (through the application of a reduction percentage) of budget authority provided for FY 1986 or any fiscal year thereafter.
United States · United States Congress · 10 April 1986
Amends the Garn-St Germain Depository Institutions Act of 1982 to extend the Deposit Insurance Flexibility Act and the Net Worth Certificate Act until July 15, 1986.
United States · United States Congress · 10 April 1986
Expresses the sense of the House of Representatives that Federal funds for the Department of Agriculture's Cooperative Extension Service should be maintained at a level sufficient to prevent the reduction of benefits provided by such Service.
United States · United States Congress · 10 April 1986
Expresses the sense of the House of Representatives that the present three-year basis recovery rule on the taxation of retirement annuities for government employees should be maintained and provisions requiring the repeal of such treatment in certain tax reform legislation (H.R. 3838) should be deleted.
United States · United States Congress · 9 April 1986
Depository Institution Consumer Credit Card Cost Disclosure Act - Amends the Truth in Lending Act to require depository institutions which extend open end consumer credit plans (credit cards) to submit quarterly reports containing information on interest rates and other fees to the Board of Governors of the Federal Reserve System. Directs the Board to compile and publish such information.
United States · United States Congress · 8 April 1986
Establishes the Insurance Availability Crisis Commission of 1986 to: (1) coordinate the intergovernmental examination of the tort law system and its relationship with insurance availability and cost; (2) bring representatives of industry, government, and consumers together to perform an examination of the issue of insurance availability; (3) make recommendations for reform of the tort system and insurance industry practices; and (4) raise funds to cover the costs of the Commission's activities. Directs the Commission to report its findings and recommendations to the President, the Congress, and the executive officer of each State. Provides for the Commission's termination upon the transmission of such report. Authorizes appropriations.
United States · United States Congress · 19 March 1986
Employment Opportunities for Disabled Americans Act - Makes permanent provisions which provide benefits under title XVI (Supplemental Security Income) of the Social Security Act for individuals who perform substantial gainful activity despite a severe medical impairment. Removes SSI limitations for the first two months of an individual's stay in a health facility if such individual was eligible for the benefits made permanent by this Act during the month preceding admission to the facility. Requires the district offices of the Social Security Administration to each designate a staff member to implement the program providing benefits to individuals who perform substantial gainful activity despite severe medical impairment. Revises the eligibility requirements for such benefits. Directs the Secretary of Health and Human Services to establish and implement procedures which provide that whenever an individual is formally notified of his or her SSI eligibility, such individual will also be notified of the availability of assistance under title XIX (Medicaid) of such Act. Directs the Secretary, when any individual receives SSI benefits on the basis of a disability, to notify such individual of his or her potential eligibility for the SSI benefits available for those performing substantial gainful activity despite a severe medical impairment. Directs the Comptroller General to conduct a study of the operation of the SSI section which provides benefits for individuals who perform substantial gainful activity despite a severe medical impairment, with the particular objective of evaluating the work incentive provisions of such section. Requires the Comptroller General to report to the Congress the findings of such study. Provides that when an individual becomes ineligible for SSI benefits upon entitlement to child's insurance benefits under title II (Old Age, Survivors and Disability Insurance) of the Act, such individual shall be treated for Medicaid purposes as continuing to receive SSI benefits so long as he or she would otherwise be eligible for such benefits. Authorizes the Secretary to conduct demonstration projects designed to assess the advantages and disadvantages of various work incentive programs under the OASDI and SSI programs. Sets forth reporting requirements.
![Official portrait of Rep. Kolbe, Jim [R-AZ-8]](https://www.congress.gov/img/member/k000306_200.jpg)