United States · United States Congress · 16 June 1982
Amends the Internal Revenue Code to provide for the collection of defaulted Federal student loans by offset against income tax refunds of those individuals found to be in default on such loans. Defines "Federal student loans" as federally insured loans to graduate students in the health professions. Sets forth special rules with respect to joint returns and fiscal year taxpayers. Requires the Secretary of the Treasury to: (1) notify the Secretary of Health and Human Services of the amounts collected with respect to any loan to any individual; and (2) transfer such amounts to the Secretary as is necessary to reimburse the entity or fund to which the loan is repayable. Requires that such notification and transfer be made not less often than monthly.
United States · United States Congress · 10 June 1982
Prohibition of Mandatory Retirement and Employment Rights Act of 1982 - Amends the Age Discrimination in Employment Act of 1967 to eliminate the upper age limitation of the class of persons to whom such Act applies.
United States · United States Congress · 10 June 1982
Amends the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 ("Superfund") to require that a State agree to pay 50 percent of the costs of remedial actions provided for by the President with respect to hazardous substances disposed of by a facility owned and operated (currently, owned) by a State or political subdivision thereof in order to qualify for such assistance.
United States · United States Congress · 19 May 1982
Small Business Regulatory Relief Tax Act of 1982 - Delays until July 1, 1984, the effective date of Treasury regulations determining whether an interest in a corporation is to be treated as stock or indebtedness. Directs the Comptroller General to study and report to Congress on the impact of such regulations on small business.
United States · United States Congress · 12 May 1982
Expresses the sense of the Congress that: (1) the President should direct the appropriate agencies to pursue vigorously and conclude promptly the countervailing duty and antidumping investigations being conducted under the Tariff Act of 1930 and the Trade Act of 1974 concerning foreign trade practices involving carbon steel mill products and specialty steel mill products; and (2) the Congress should consider legislation to strengthen U.S. trade laws if necessary.
United States · United States Congress · 11 May 1982
Amends the Internal Revenue Code to provide for the collection of defaulted Federal student loans by offset against income tax refunds of those individuals found to be in default on such loans. Defines "Federal student loan" for purposes of this Act. Sets forth special rules with respect to joint returns and fiscal year taxpayers. Requires the Secretary of the Treasury to: (1) notify the Secretary of Education of the amounts collected with respect to any loan to any individual; and (2) transfer such amounts to the Secretary of Education as is necessary to reimburse the entity or fund to which such loan is repayable. Requires that such notification and transfer be made not less often than monthly.
United States · United States Congress · 6 May 1982
Housing and Urban-Rural Recovery Act of 1982 - Title I: Community and Neighborhood Development and Conservation - Amends the Housing and Community Development Act of 1974 to extend for one year the eligibility of certain metropolitan cities and urban counties for community development grants. Directs the Secretary of Housing and Urban Development (HUD) to prescribe a standard form for State performance reports and assessments of community development programs for metropolitan cities and urban counties. Permits a local government to retain leftover income from community development grants if used for eligible community development activities. Requires community development grants to be considered as Federal financial assistance, requiring the approval of the head of a Federal agency, for purposes of the Uniform Relocation and Real Property Acquisition Policies Act of 1970. Includes the development of shared housing for the elderly as an activity eligible for community development grants. Requires the Secretary, so long as there are qualified applicants, to enter into commitments during FY 1983 to guarantee a specified amount of loans to local governments for the acquisition or rehabilitation of real property for community development activities. Directs the Secretary to guarantee loans financing neighborhood revitalization activities of nonprofit organizations in neighborhoods where activities are funded by urban development action grants. Directs the Secretary to give a priority to assisting neighborhood development activities designed to mitigate the displacement of low-and moderate-income families resulting from commercial activities. Limits the amount of such loans which may be guaranteed during FY 1983 to ten percent of the amount approved in appropriations Acts for urban development action grants in such year. Requires an application for such a grant to certify that an analysis of the impact of grant activities on neighborhood residents has been made available to any neighborhood-based nonprofit organizations. Amends the Housing Act of 1964 to authorize appropriations for rehabilitation loans and to limit the amount of commitments to make such loans for FY 1983. Requires that at least 60 percent of the funds available for rehabilitation loans after FY 1982 be used for loans for one to four-family dwellings. Amends the Neighborhood Reinvestment Corporation Act to authorize appropriations for the Corporation for FY 1983. Directs the Corporation to use a specified amount of such appropriations to conduct a mutual housing demonstration program emphasizing housing rehabilitation. Title II: Assisted Housing - Amends the United States Housing Act of 1937 to: (1) increase, on October 1, 1982, the maximum amount of annual contributions which the Secretary may make to public housing agencies for low-income housing projects; (2) limit the amount which may be obligated over the duration of contribution contracts with respect to additional authority provided on October 1, 1982; (3) earmark a specified amount of such additional authority for public housing modernization assistance; and (4) provide a new formula for allocating such additional authority for low-income housing assistance. Authorizes appropriations for public housing operating assistance for FY 1983. Declares that income limits for occupancy and rent in public housing shall be fixed by the public housing agency and approved by the Secretary. Reduces a tenant's rent contribution for federally-assisted housing from 30 to 25 percent of the tenant's monthly adjusted income. Excludes from a tenant's income: (1) the value of food stamps received;(2) $400 for each family member who is under 18 years of age, over 18 and disabled or handicapped, or elderly; (3) medical expenses exceeding ten percent of family income; and (4) child care expenses necessary for the employment of a family member. Permits a public housing agency to use budget authority provided for the acquisition and development of a lower income project in fiscal years prior to FY 1983 for operating and improvement assistance. Directs the Secretary to consider the effects of interest rates (up to 14 percent) on development costs when determining the fair market rental of newly constructed or substantially rehabilitated units of public housing projects for which contract authority was reserved in FY 1982 or before. Establishes as the fair market rental for existing public housing projects the median rent paid for comparable units by tenants who moved into the area within the most recent two year period for which data is available. Requires the maximum monthly rent to be reasonable compared with unassisted units. Prohibits the rent for an assisted unit from exceeding the rent charged for comparable unassisted units in a project. Directs the Secretary to offer to renew any assistance contract with a public housing authority for five year periods, in order to extend the total period of assistance to 15 years, if the authority has carried out the terms of the contract. Requires the Secretary to reduce the operating subsidies to lower income housing projects on a pro rata basis in any fiscal year in which the funds appropriated are less than the amount needed to make assistance payments according to the Secretary's standards. Authorizes the Secretary to develop an alternative distribution method through rulemaking procedures. Requires the Secretary to pay a public housing agency 100 percent of the amount by which its actual annual utility expenses exceed its estimated expenses because of increased utility rates, and 50 percent of its excess utilty expenses resulting from increased utility consumption. Repeals provisions of the Omnibus Budget reconciliation Act of 1981 that restrict the percentage of public housing units available to lower income families other than very low-income families. Requires at least 30 percent of the families assisted under the program providing rent subsidies to owners of lower income housing projects to be very low-income families. Directs the Secretary to take specified steps to encourage improved management procedures for public housing. Establishes conditions governing the demolition, sale, or disposal of public housing projects. Amends the Housing and Community Development Amendments of 1978 to authorize appropriations for operating assistance for troubled multifamily housing projects for FY 1983. Amends the National Housing Act to extend for one year the period during which the Secretary may utilize amounts in the Rural Housing Assistance Fund for such operating assistance. Amends the Housing Act of 1959 to limit the maximum interest rate on HUD loans for housing projects for the elderly and handicapped to 9.25 percent annually. Increases the Treasury borrowing authority of the Secretary to finance such loans for FY 1983. Limits the Secretary's lending authority for FY 1983. Permits 25 percent of the units of a project financed with such a loan to be efficiencies. Authorizes the Secretary to require the sponsor of such a project to deposit up to $10,000 in an escrow account to assure the sponsor's commitment and management capabilities. Directs the Secretary to consider design features for the elderly and handicapped when establishing project unit cost limitations. Amends the Federal National Mortgage Association Charter Act to increase on October 1, 1982, the total amount of home mortgages the Government National Mortgage Association (GNMA) may purchase and to limit the aggregate principal amount of mortgages that the GNMA may enter into commitments to purchase during FY 1983. Amends the Congregate Housing Services Act of 1978 to authorize appropriations for contracts for congregate housing services programs for FY 1983. Amends the United States Housing Act of 1937 to direct the Secretary to allow lower-income housing assistance provided under the existing housing and moderate rehabilitation programs to be used for shared housing for the elderly. Amends the Housing and Community Development Amendments of 1978 to permit a public housing agency to retain: (1) the greater of its legal expenses in obtaining a judgment or 50 percent of the amount of a judgment obtained in recovering amounts wrongfully paid as a result of fraud or abuse in any housing program (currently one specific program) under the United States Housing Act of 1937; and (2) 50 percent of wrongfully paid amounts recovered by means other than court actions. Provides for the use of recaptured Rent Supplement Funds for development assistance for public housing. Amends the United States Housing Act of 1937 to prohibit the Secretary from imposing a percentage or other arbitrary ceiling on rent or cost increases on certain federally-assisted lower income housing projects. Amends the Housing and Urban Development Act of 1965 to authorize the Secretary to use assistance recaptured from the program providing interest reduction payments to owners of rental housing projects to convert to a contract for such interest reduction payments any contract for rent supplement payments for lower income housing projects financed by State or local loans, loan insurance, or tax abatements. Title III: Housing Production Programs - Part A: Single-Family Housing Production Program - Single-Family Housing Production Act of 1982 - Directs the Secretary to enter into contracts to make periodic assistance payments to mortgagees and other lenders on behalf of homeowners (including owners of manufactured homes and condominium units) with incomes of up to 130 percent of the median area income. Terminates such authority of the Secretary on September 30, 1983. Directs the Secretary to give priority to assisting persons who have not owned a home within the last three years. Sets ceilings for: (1) the total amount of payments made under such contracts each year; and (2) the total amount obligated during the life of such contracts. Permits payments to be made only to a homeowner who satisfies requirements for creditworthiness and who is: (1) under a mortgage which is eligible for assistance under this Act; or (2) the original owner of a new, federally-insured, manufactured home. Provides for payments on behalf of such a homeowner only for as long as the homeowner occupies the property, unless the mortgage has been assigned to the Secretary. Provides for payments on behalf of such a homeowner only as long as the homeowner occupies the property, unless the mortgage has been assigned to the Secretary. Limits the amount of such assistance payments to the amount required to lower the mortgagor's monthly mortgage payments to the payments that would be required if the mortgage were to bear interest at the greater rate of: (1) nine and one-half percent (ten percent if the mortgagor's income exceeds 105 percent of median area income); or (2) a rate six percentage points less than specified in the mortgage (four percentage points if the mortgagor's income exceeds 115 percent of median area income). Requires that a mortgagor pay at least 25 percent of his or her income toward the monthly mortgage payments. Limits the duration of assistance payments to seven years (five years if the mortgagor's income exceeds 115 percent of median area income). Establishes a fund into which recaptured or unused assistance shall be deposited and from which the Secretary may provide continued assistance to a mortgagor who is unable to assume full mortgage payments after regular assistance payments end. Limits the number of manufactured homes assisted under this part to 20 percent of the total number of assisted units. Includes among conditions a mortgage must meet for the mortgagor to qualify for assistance under this part the requirements that a mortgage: (1) be secured by a newly constructed single-family dwelling that meets energy conservation standards prescribed by the Secretary; (2) permit prepayment without penalty; (3) have a fixed rate of interest, and (4) be executed by a mortgagor who paid at least three percent of the Secretary's estimate of the cost of acquisition. Directs the Secretary to develop a system for allocating assistance under this part among the various regions of the country on the basis of such factors as population, relative decline in building permits, and the need for increased housing production. Directs the Secretary to recapture the lesser of the amount of assistance provided under this part or an amount equal to 50 percent of the net appreciation of the property whenever the mortgagor sells the property or rents it for a period exceeding one year. Requires the Secretary to adopt procedures for annual recertification of a homeowner's income for the purpose of adjusting assistance payments. Amends the National Housing Act to provide the Secretary, on October 1, 1982, authority to enter into contracts to provide payments to assist low-income families in acquiring home ownership or membership in a cooperative housing project. Part B: Multifamily Housing Production Program - Rental Housing Production and Rehabilitation Act of 1982 - Directs the Secretary to provide financial assistance to State and local governments to be used to stimulate the construction and rehabilitation of multifamily rental housing projects and cooperative housing projects, in areas experiencing a severe shortage of rental housing, for persons without other reasonable and affordable housing alternatives in the private market. Directs State and local governments which receive such assistance to provide such projects with capital grants, loans, interest reduction payments, grants for the purchase of land, and other types of assistance designed to reduce project development and operating costs. Prohibits a State from providing such assistance to any project unless the local government of the project area approves the application for assistance for such project. Allows a local government to apply directly to the Secretary for assistance. Prohibits a project from being assisted both directly and by the Federal Government through a State agency under this Act. Sets forth area eligibility criteria, project selection criteria, and guidelines for allocating assistance. Requires the amount of assistance provided to a project to be the least amount necessary to provide decent and affordable rental or cooperative housing of modest design. Requires the owner of an assisted project to agree that for the first 20 years of the project: (1) 20 percent of the project units will be available for families whose income does not exceed 80 percent of the median area income; (2) savings resulting from reduced debt service payments for assistance will be passed on to the tenants; (3) prospective tenants will not be discriminated against on the basis of their receipt of or eligibility for Federal, State, or local housing assistance; and (4) units will not be converted to condominium ownership or a form of cooperative ownership not eligible for assistance. Directs the Secretary to require an owner who violates any such agreement to repay all assistance plus interest. Requires rent charges for project units for low-income tenants to be approved by the Secretary. Limits such charges to 30 percent of the tenants adjusted income. Requires 30 days written notice to tenants of rent increases. Declares obligations issued by a State or local housing agency to finance a project assisted under this part to be tax-exempt. Authorizes FHA insurance for an assisted project meeting FHA standards. Requires that contracts for such assistance contain a provision requiring the payment of prevailing wages to workers employed in the development and operation of the project involved. Authorizes appropriations for such assistance for FY 1983. Part C: Demonstration Program for Emergency Housing - Directs the Secretary to conduct a demonstration program under which grants will be provided to assist communities or nonprofit organizations to provide shelter for people subject to life-threatening situations because of their lack of housing. Requires the Secretary to make such grants on a competitive basis according to the need for emergency housing. Directs the Secretary to report to Congress on such program. Earmarks a specified amount of the appropriations provided for the Multi-family Housing Production Program under part B for such demonstration program. Title IV: Rural Housing - Amends the Housing Act of 1949 to authorize appropriations for FY 1983 to the Secretary of Agriculture: (1) to insure and guarantee loans for rural housing, with certain restrictions; (2) to make loans and grants for improvements of rural housing; (3) to provide financial assistance for the provision of low-rent housing for domestic farm labor; (4) to make grants or contracts for the development of programs to assist low-income persons in benefiting from housing programs in rural areas; (5) for programs of mutual and self-help in rural areas; and (6) for the Self-Help Housing Land Development Fund. Extends the authority of the Secretary of Agriculture to: (1) insure loans to provide rental housing for persons of moderate income; (2) insure loans for housing and buildings on adequate farms; and (3) make assistance payments to owners of low-income rental housing projects, with a specified amount of FY 1983 assistance earmarked for domestic farm labor and elderly or handicapped persons who are tenants of newly constructed or substantially rehabilitated housing. Eliminates use of the Rural Housing Fund for specified rural housing programs. Revises the maximum rental charge for certain assisted rural housing to the highest of: (1) 25 percent of the family's monthly adjusted income; (2) ten percent of the family's monthly income; or (3) the portion of the family's welfare payment designated for housing costs. Provides that interest credits for low-or moderate-income persons who receive rural housing mortgage loans may not exceed the lesser of: (1) the person's mortgage payments after applying 20 percent of his or her adjusted income; or (2) the person's mortgage payments exceeding what those payments would be if the mortgage were to bear one percent interest. Directs the Secretary of Agriculture, when determining whether to provide housing assistance to domestic farm laborers in an area, to consider the housing needs for only those persons. Requires the Secretary of Agriculture to give priority to providing rural housing assistance to applicants with the greatest housing assistance needs because of their low income and inadequate dwellings. Authorizes the Secretary of Agriculture to provide rental housing assistance for elderly persons living under a shared housing arrangement in a single-family dwelling. Title V: Program Amendments and Extensions - Amends the National Housing Act to extend the authority of the Secretary to insure loans for mortgages and home improvement, and to establish the maximum interest rates for certain mortgage insurance programs. Amends the Emergency Home Purchase Assistance Act of 1974 to extend the authority of the Secretary to direct the Government National Mortgage Association (GMNA) to purchase mortgages and securities. Amends the Housing and Urban Development Act of 1970 to authorize appropriations for research for the Department of Housing and Urban Development in fiscal year 1982. Amends the National Housing Act to increase the amount of funds authorized to be appropriated to cover losses sustained by the General Insurance Fund. Amends the Federal National Mortgage Association Charter Act to extend the authority of the GNMA to guarantee mortgage-backed securities issued by the Federal National Mortgage Association (FNMA), subject to the absence of qualified requests. Amends the Energy Conservation in Existing Buildings Act of 1976 to earmark for the weatherization program for FY 1983 a specified amount of the funds authorized to be appropriated for energy conservation under the Omnibus Budget Reconciliation Act of 1981. Amends the National Flood Insurance Act of 1968 to extend the national flood insurance program until September 30, 1984, and to authorize appropriations for various insurance studies during FY 1983. Amends the National Housing Act to extend the Secretary's authority: (1) to carry out the Federal riot insurance program and the Federal crime insurance program until September 30, 1984; and (2) to continue riot and crime insurance policies written prior to such date until September 30, 1987. Amends the Housing and Urban Development Act of 1968 to authorize appropriations for FY 1983 for counseling and technical assistance programs for low-and moderate-income families with respect to housing. Amends the Federal National Mortgage Association Charter Act and the Federal Home Loan Mortgage Corporation Act to require the limitation on the maximum principal obligation of a conventional mortgage, in which the FNMA or the Federal Home Loan Mortgage Corporation may purchase a participating interest, to be calculated with respect to the total principal obligation of the mortgage. Authorizes such corporations, until October 1, 1984, to purchase mortgages secured by a second-lien against a one-to four-family dwelling. Specifies limitations on the maximum principal obligation of the mortgages. Amends the National Housing Act to: (1) qualify a unit in a cooperative housing project for FHA mortgage insurance if construction of the project was completed more than a year prior to the application for such insurance; and (2) eliminate the requirement that a cooperative housing project be nonprofit. Authorizes the Secretary to insure: (1) the loan on an existing manufactured home if such home was constructed according to the standards issued under the National Manufactured Housing Construction and Safety Standards Act of 1974 and it meets minimum property standards for FHA insurance for existing homes; (2) the loan on a newly constructed manufactured home which meets FHA standards for newly constructed homes at the full amount permitted for newly constructed homes in the area; and (3) the loan on a newly constructed manufactured home which does not meet such FHA standards at 80 percent of the full amount permitted for newly constructed homes (100 percent in areas of high-cost developed land) if such manufactured home meets certain construction, energy conservation, set-up, and attachment standards. Requires the Secretary to provide homeownership counseling to persons receiving temporary mortgage assistance payments to avoid foreclosure. (Currently, the Secretary is directed to provide such counseling to the extent practicable.) Requires the Secretary to submit to Congress a report which describes: (1) HUD standards for determining whether program requirements and changes are implemented through regulations, memoranda, or other forms of notice; and (2) the system used to assure that program changes affecting the eligibility, rights, or benefits of applicants for or recipients of program assistance are subject to notice and publication requirements of the Administrative Procedure Act. Amends the Real Estate Settlement Procedures Act of 1974 to exempt a controlled business arrangement, under which a person who has an ownership interest in a provider of settlement services refers real estate business involving a federally related mortgage to that provider, from the prohibition against kickbacks for referrals of such business if: (1) such ownership interest is disclosed; (2) no unreasonable restrictions are imposed on the buyer's or seller's selection of the service provider; and (3) the only thing of value received under such arrangement is the return on such ownership interest. Limits the yearly number of transactions involving a controlled business relationship that a title company, private mortgage insurance company, or escrow services company may participate in to 20 percent of all transactions of such company. Exempts from such limitation: (1) a bar-related title insurance company; (2) a transaction involving real estate in a county with a population of 25,000 or less; or (3) a controlled business arrangement where the ownership interest involved accounts for one percent or less of a corporation's outstanding stock, the majority of which is publicly owned. Eliminates the criminal penalty for violations of the prohibitions on referral of real estate business involving a federally related mortgage. Establishes the right of a competitor injured by a violation of such prohibitions to sue for treble damages. Permits the Secretary, the attorney general of any State, or any competitor to bring an action to enjoin such prohibited conduct. Sets a three year statute of limitations for a suit brought by the Secretary or an attorney general. Authorizes the Secretary to conduct investigations and issue subpoenas necessary to enforce such Act. Amends the National Housing Act to increase the maximum amount of a mortgage on a newly constructed condominium which is eligible for FHA insurance. Makes public hospitals eligible for FHA insurance. Title VI: Emergency Mortgage Relief - Homeowners' Emergency Relief Act of 1982 - Amends the Emergency Housing Act of 1965 to direct the Secretary to make emergency mortgage relief payments to mortgagees on behalf of certain delinquent mortgagors when, for three consecutive months, the amount of delinquent mortgage loans exceeds a specified percentage of the amount of all loans accounted for in the mortgage delinquency series maintained by the Federal Home Loan Bank Board. Provides for the discontinuation and reinstitution of such assistance program depending on such delinquency rate condition. Lists the conditions for assistance eligibility, which include requirements that: (1) the mortgage is not federally insured under the National Housing Act; (2) the mortgagor has suffered a substantial reduction in income as a result of circumstances beyond the mortgagor's control which render the mortgagor unable to make full mortgage payments; and (3) the Secretary has determined that assistance is necessary to avoid foreclosure and that it is likely that the mortgagor will be able to resume full mortgage payments within 36 months, commence repaying such assistance at a designated time, and pay the mortgage in full by its maturity date. Limits: (1) the amount of mortgage assistance payments to an amount necessary to supplement the amount of the mortgagor's contributions; and (2) the length of such payments to 18 months plus any period of default, with an 18-month extension authorized. Directs the Secretary to establish procedures for the periodic review of the mortgagor's financial circumstances to determine whether such payments should be terminated or adjusted. Declares that all assistance payments shall be secured by a lien on the property and repayable on terms prescribed by the Secretary. Sets forth the authority of the Secretary to recapture such assistance. States that a previously assisted mortgagor shall be eligible for renewed assistance only if such mortgagor has made full mortgage payments for at least 12 months after the previous assistance was terminated. Directs the Secretary to: (1) provide homeownership counseling to persons assisted under this title; and (2) approve or disapprove an application for assistance within 45 days. Limits the aggregate amount of assistance the Secretary is authorized to provide over the duration of assistance contracts. Prohibits the Secretary from entering such contracts after September 30, 1983. Requires the Secretary and specified agencies to waive or relax limitations pertaining to the operations of certain mortgagees and financial institutions with respect to mortgage delinquencies in order to encourage forebearance in residential mortgage loan foreclosure. Requires the Secretary to report to Congress every 60 days prior to October 1, 1983, on: (1) the rate of delinqencies and foreclosures in various housing markets; (2) the prospects of voluntary forebearance by mortgagees in such areas; (3) Government actions to encourage such forebearance and to provide assistance under this title; and (4) the default status of mortgagees on multifamily properties with recommendations on curing and avoiding such defaults. Directs the Secretary to study and report on the use of alternative mortgage delinquency series under this title.
United States · United States Congress · 6 May 1982
Housing and Automobile Industries Recovery Act of 1982 - Title I: Exemption for the Purchase of Certain Bonds by Employee Pension Benefit Plans - Provides a temporary exemption from certain provisions of the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code relating to prohibited transactions for the purchase of certain bonds sold to fund residential mortgages and domestic motor vehicle loans. Title II: Interest Reduction Payments - Provides for interest reduction payments by the Secretary of Housing and Urban Development to assist with the financing of the purchase of certain residences and domestic motor vehicles. Sets forth: (1) requirements and restrictions for eligible loans and mortgages; and (2) guidelines for the allocation of such payments. Authorizes appropriations for FY 1982 through 1988 to carry out this title. Prohibits the Secretary from making any commitments to make interest reduction payments under this title after August 31, 1983.
United States · United States Congress · 6 May 1982
Single-Family Housing Production Act of 1982 - Directs the Secretary of Housing and Urban Development to enter into contracts to make periodic assistance payments to mortgagees and other lenders on behalf of homeowners (including owners of manufactured homes and condominium units) with incomes of up to 130 percent of the median area income. Terminates such authority of the Secretary on September 30, 1982. Directs the Secretary to give priority to assisting persons who have not owned a home within the last three years. Sets ceilings for: (1) the total amount of payments made under such contracts each year; and (2) the total amount obligated during the life of such contracts. Permits payments to be made only to a homeowner who satisfies requirements for creditworthiness and who is: (1) a mortgagor under a mortgage which is eligible for assistance under this Act; or (2) the original owner of a new, federally-insured, manufactured home. Provides for payments on behalf of such a homeowner only for as long as the homeowner occupies the property, unless the mortgage has been assigned to the Secretary. Limits the amount of such assistance payments to the amount required to lower the mortgagor's monthly mortgage payments to the payments that would be required if the mortgage were to bear interest at the greater rate of: (1) nine and one-half percent (ten percent if the mortgagor's income exceeds 115 percent of median area income); or (2) a rate six percentage points less than specified in the mortgage (four percentage points if the mortgagor's income exceeds 115 percent of median area income). Requires that a mortgagor pay at least 25 percent of his or her income toward the monthly mortgage payments. Limits the duration of assistance payments to seven years (five years if the mortgagor's income exceeds 115 percent of median area income). Establishes a fund into which recaptured or unused assistance shall be deposited and from which the Secretary may provide continued assistance to a mortgagor who is unable to assume full mortgage payments after regular assistance payments end. Limits the number of manufactured homes assisted under this Act to 20 percent of the total number of assisted units. Includes among conditions a mortgage must meet for the mortgagor to qualify for assistance under this Act the requirements that a mortgage: (1) be secured by a newly constructed single-family dwelling that meets energy conservation standards prescribed by the Secretary; (2) permit prepayment without penalty; (3) have a fixed rate of interest; and (4) be executed by a mortgagor who paid at least three percent of the Secretary's estimate of the cost of acquisition. Directs the Secretary to develop a system for allocating assistance under this Act among the various regions of the country on the basis of such factors as population, relative decline in building permits, and the need for increased housing production. Directs the Secretary to recapture the lesser of the amount of assistance provided under this Act or an amount equal to 50 percent of the net appreciation of the property whenever the mortgagor sells the property or rents it for a period exceeding one year. Requires the Secretary to adopt procedures for annual recertification of a homeowner's income for the purpose of adjusting assistance payments.
United States · United States Congress · 6 May 1982
Declares that the President should invite the Administrator of the Small Business Administration to participate in the Cabinet Council on Economic Affairs.
United States · United States Congress · 4 May 1982
Net Worth Guarantee Act - Amends the Federal Deposit Insurance Act, the National Housing Act, and the Federal Credit Union Act to permit the Federal Deposit Insurance Corporation, the Federal Home Loan Bank Board and the National Credit Union Administration Board to guarantee the net worth of qualified insured institutions. Requires that, to qualify for a guarantee, an institution's net worth be less than two percent of its assets, that it have losses in at least two consecutive quarters, and that at least 20 percent of its loans and investments be in mortgages secured by or securities backed by residential real estate. Requires that an institution use at least 60 percent of its annual net new deposits to issue mortgages which meet specified criteria. Sets forth a formula for determining the amount of any such guarantee. Permits additional guarantees of net worth after a two year period if the certified continued earnings losses are caused by general market conditions and not by the actions of the institution. Requires a qualified institution, when its net worth reaches three percent of its assets, to begin to reduce the amount of guarantees received. Declares that the total annual reduction of guarantees of net worth received by such institution shall not be less than 50 percent of the net income, after taxes, of such bank for the year involved. Declares that outstanding guarantees of net worth provided by the Corporation shall be backed by the Net Worth Guarantee Account established by this Act. Establishes in the Treasury of the United States a Net Worth Guarantee Account which shall be used for the required payment of any guarantee of net worth issued pursuant to this Act. Limits the total amount of guarantees of net worth issued under this Act at any time to $8,500,000,000. Declares that no guarantee of net worth may be issued after Deptember 30, 1984. Requires the Federal Home Loan Bank Board, the Board of Directors of the Federal Deposit Insurance Corporation, and the National Credit Union Administration Board to make quarterly reports to each House of Congress specifying the types and amounts of guarantees of net worth provided to each depository institution and the conditions imposed on each such institution. Requires the Comptroller General to conduct semiannual audits of each guarantee of net worth and of the Net Worth Guarantee Account and transmit such report to Congress.
United States · United States Congress · 4 May 1982
Amends the Internal Revenue Code to qualify multiple lot issues of industrial development bonds for the small issue exemption for purposes of the tax exclusion of interest on such bonds. Requires that such multiple lots be sold at the same time, at the same interest rate, and under a common marketing plan. Requires that a common or polled security be used to pay debt service on such obligations.
United States · United States Congress · 4 May 1982
Joint Research Act of 1982 - Authorizes the Attorney General to issue certificates of review to two or more persons to promote joint research and development programs. Directs the Attorney General to issue such a certificate for an applicant whose application: (1) specifies conduct which is limited to a research and development program and which does not violate Federal antitrust laws; and (2) contains any other information the Attorney General requires. Requires that such a certificate specify: (1) the conduct to which it applies; (2) the participating business entities; and (3) any conditions applicable to such conduct. Directs certificate recipients to notify the Attorney General of any change in conduct or business entities. Permits such recipient to apply to amend such certificate. Directs the Attorney General to modify or revoke a certificate, after providing 30 days notice, upon determining that conduct allowed under the certificate violates antitrust laws. Authorizes the certificate holders to bring an action in the appropriate U.S. district court to set aside such determination. Precludes any other judicial review of any determination by the Attorney General concerning the issuance, amendment, or revocation of a certificate. Declares that any such determination is inadmissable as evidence in any proceeding in support of any claim under the antitrust laws. Exempts any certificate holder from criminal action, liability for threatened loss or damage, or liability exceeding actual damages, lost interest, and the cost of suit for a violation of Federal antitrust laws or similar State laws if: (1) the violation arises from conduct specified in the certificate; and (2) the certificate is in effect at the time the conduct occurs. Awards a certificate holder the cost of defending against a claim for damages resulting from a violation of antitrust laws if the court finds that: (1) the conduct alleged to violate such laws does not; and (2) the conduct is specified in the certificate. Declares that a certificate shall have no legal effect on the authority of a court to grant equitable relief in an action for an antitrust violation against a certificate holder. Exempts information submitted by a person in connection with the issuance, amendment, or revocation of a certificate from the Freedom of Information Act. Specifies conditions for the disclosure of such information. Allows the Attorney General to issue guidelines describing the types of conduct that would and would not qualify for a certificate.
United States · United States Congress · 4 May 1982
Expresses congressional approval of the 1979 strategic arms limitation agreement between the Soviet Union and the United States (SALT II). Directs the President to transmit to the Soviet Union the necessary instruments of ratification.
United States · United States Congress · 29 April 1982
Expresses the sense of the House of Representatives that the United States should ratify the Convention on the Prevention and Punishment of the Crime of Genocide.
United States · United States Congress · 28 April 1982
Excludes amounts received under a veteran's educational assistance program for purposes of determining such veteran's eligibility for any other federally funded educational assistance program.
United States · United States Congress · 22 April 1982
Amends the African Development Fund Act to authorize the U.S. Governor of the Fund to contribute a specified amount to the third replenishment of the Fund. Authorizes appropriations.
United States · United States Congress · 6 April 1982
Title I: National Development Investment - National Development Investment Act - Amends the Public Works and Economic Development Act of 1965 to cite such Act as the National Development Investment Act and to revise the emphasis of such Act from primary Federal initiative to coordination of investments between the public and the private sectors. Sets forth the findings of Congress. Authorizes the Secretary of Commerce, upon the application of an eligible State, economic development district, distressed local government (with a population under 50,000 and located outside an economic development district) Indian tribe, or nonprofit economic development organization. to make a grant for a portion of the cost of projects submitted in a development investment strategy. Sets forth eligible activities for such development investment assistance, including repairs, rehabilitation, and small business establishment. Sets forth specific eligibility criteria for applicants for such assistance. Requires an application for a grant under this Act to include: (1) a certification that the area concerned meets certain distress requirements; (2) a certification of any responsibilities which the Secretary has agreed to perform; and (3) a development investment strategy prepared in accordance with this Act. Requires the Secretary to consider specified purposes of this Act in approving applications. Lists as criteria any one of which an area must meet in order to be eligible for a grant under this Act: (1) a per capita income of 80 percent or less of the national average; (2) an employment growth rate below the national average; (3) a population loss over the most recent five-year period; (4) an unemployment rate above the national average for the most recent 24 month period; and (5) a sudden economic dislocation resulting in job loss. Sets forth the information to be contained in a grant applicant's development investment strategy. Authorizes the Secretary to make grants to establish a revolving loan fund for making or guaranteeing loans to small businesses for initial or working capital, or the purchase of facilities or equipment. Limits to $1,000,000 the amount of any such grant. Limits the amount of any grant under this Act to a maximum 50 percent of the cost of completing the project as determined at the time of the grant application. Permits the Secretary to reduce or waive the non-Federal share of a project in the case of an Indian tribe. Limits expenditures in any one State to a maximum 15 percent of the appropriations made pursuant to this Act. Requires the Secretary, each fiscal year, to obligate minimum amounts of funds for such grants. Authorizes the Secretary to make economic development planning grants to States, economic development districts, Indian tribes, distressed counties, and distressed units of local governments with a population over 50,000 (if located outside an econmic development district). Earmarks such grants for coordination of investment for community facilities, economic development, manpower training, and transportation services. Authorizes the Secretary to evaluate Federal, State, and local development investment efforts. Authorizes the Secretary to conduct any demonstration program to test the feasibility of new ways to increase productivity, foster innovative technology, match labor force with labor markets, or encourage economic diversity and regional balance. Limits the amount of any such grant to not more than 75 percent of the cost of economic development planning or of investment strategy preparation. Declares that the Secretary of Commerce shall administer this Act with the assistance of a specified Assistant Secretary of Commerce. Authorizes the Secretary to consult with other persons and agencies. Prohibits the approval of any grant unless the Secretary is satisfied that the project concerned will be properly and efficiently administered, operated, and maintained. Sets forth the powers of the Secretary under this Act. Permits the Secretary to discharge any of his responsibilities relative to a project by accepting a certification of the grant applicant's performance of such responsibilities. Requires the Secretary to make comprehensive annual reports to Congress detailing operations under this Act. Requires all laborers and mechanics employed by contractors or subcontractors on projects assisted under this Act to be paid the prevailing rate of wage. Authorizes appropriations through FY 1985. Title II: Appalachian Regional Development - Appalachian Regional Development Act Amendments of 1982 - Amends the Appalachian Regional Development Act of 1965 to declare that investments under such Act shall also be made in severely distressed and underdeveloped counties lacking resources for basic services. Authorizes appropriations through FY 1987 for the administrative expenses of the Appalachian Regional Commission. Authorizes the Commission to lease office space through FY 1987. Authorizes appropriations through FY 1990 for the Appalachian development highway system. Increases from 70 to 80 percent the subsequent Federal share of an Appalachian development highway segment when a participating State proceeds to construct a segment of such a highway without the aid of Federal funds. Applies such increase to projects approved after March 31, 1979. Authorizes the Commission to make grants to States and public and nonprofit entities for projects which will: (1) assist in the creation or retention of permanent private sector jobs, the upgrading of the region's manpower, or the attraction of private investment; (2) provide special assistance to severely distressed and underdeveloped counties which lack financial resources for improving basic services; (3) assist in achieving the goal of making primary health care accessible in the region; or (4) otherwise serve the purposes of this Act. Prohibits the authorization of any financial assistance to enable plant subcontractors to undertake work previously performed in another area by other subcontractors or contractors. Prohibits grants with funds authorized after October 1, 1982, from exceeding 50 percent of the costs of any approved project. Permits such grants to increase the Federal contribution to any project to such percentage as the Commission determines within specified limitations. Authorizes appropriations through FY 1987. Extends the termination date of such Act from 1982 to October 1, 1987.
United States · United States Congress · 6 April 1982
National Industrial Development Act - Establishes the National Industrial Development Board which shall: (1) publish reports setting forth its recommendations on national industrial development priorities; and (2) at the request of a congressional committee or Federal agency, provide policy recommendations and reports on issues of national industrial policy pending before such committee or agency. Permits the Board to decline to respond to such a request if the Board determines that it concerns a matter that is not of immediate importance, unless: (1) it relates to a Government loan or loan guarantee; or (2) the President notifies the Board that it relates to an emergency situation. Directs the Board to establish procedures to ensure that no report is released to the public before seven days after it is issued, unless the Board determines that an earlier release is appropriate. Declares that members of the Board shall not be required to file any financial disclosure report under the Ethics in Government Act of 1978. Provides for the appointment of a Director of the Board and personal staff for Board members without regard to specified Federal provisions governing civil service employment and compensation. Exempts the Board from the Federal Advisory Committee Act. Requires the Board to submit to the President and each House of Congress an annual report on the major industrial development priorities of the United States and the policies needed to meet such priorities, along with any findings and legislative or administrative recommendations. Authorizes appropriations.
United States · United States Congress · 1 April 1982
Olympic Coin Act of 1982 - Provides for the minting of commemorative coins to honor and commemorate the 1984 Los Angeles Olympic Games. Requires the Secretary of the Treasury to determine the designs of such coins. Declares the coins legal tender and terminates their minting after December 31, 1984. Sets forth minting specifications. Authorizes the Secretary to enter into an agreement with the Los Angeles Olympic Organizing Committee which shall provide for the implementation of the purposes of this Act. Directs the Secretary to furnish such coins to the Los Angeles Olympic Organizing Committee at a price agreed to pursuant to such implementation agreement. Provides that all coins minted shall be delivered to the Los Angeles Olympic Organizing Committee for distribution and sale to the public in accordance with the terms of the implementation agreement. Sets the delivery date for each series of coins. Sets forth procedures and criteria for the committee to follow in selecting a marketing organization for such coins. States that proceeds received by the Los Angeles Olympic Organizing Committee from the commercial sale of such coins shall be used for the purpose of staging and promoting the 1984 Los Angeles Olympic Games and assisting the U.S. Olympic Committee and amateur athletics. Requires the organizing committee, on and after March 31, 1985, to remit all amounts received from the disposition of the coins to the U.S. Olympic Committee. Prohibits deduction of amounts derived from the disposition of such coins as charitable contributions for purposes of the Internal Revenue Code of 1954. Requires the organizing committee to pay the Secretary in advance such sums as are necessary to carry out the provisions of this Act. Requires the Secretary to report to Congress not later than 45 days after the end of each calendar quarter on the disposition of the coins minted during such quarter. Sets forth recordkeeping requirements for all parties governed by this Act and authorizes the Comptroller General to audit all such records.
United States · United States Congress · 1 April 1982
Amends the Federal-State Extended Unemployment Compensation Act of 1970 to provide that extended benefits will be payable in any State in which the rate of regular unemployment equals or exceeds seven percent.
United States · United States Congress · 1 April 1982
Nuclear Nonproliferation Policy Act of 1982 - Title I: Authorizations By the Secretary of Energy for Certain Activities Outside the United States - Amends the Atomic Energy Act of 1954 to require the publication in the Federal Register of authorizations for the production of special nuclear materials outside the United States. Provides that such an authorization will not become effective until at least 15 days after its publication. Makes authorizations for the production of special nuclear material outside the United States effective with respect to a non-nuclear-weapon state only if the Secretary of Energy determines that such state adheres to the criteria governing U.S. nuclear exports for peaceful uses. Requires the Secretary to publicly issue and submit to the President any recommendation for such an authorization with respect to a non-nuclear-weapon state which does not adhere to such criteria. Authorizes the President to allow such an authorization by executive order if withholding it would prejudice the achievement of U.S. nonproliferation objectives or jeopardize the common defense and security, unless Congress, after reviewing such an order, adopts a concurrent resolution opposing such order. Provides that conduct which results in the termination of U.S. nuclear exports to another nation shall result also in the suspension of authorizations for the production of special nuclear material in such nation. Requires specific authorizations by the Secretary to engage in the following activities outside the United States: (1) designing, constructing, or operating facilities for the chemical processing of irradiated special nuclear material, for the production of heavy water, for the separation of isotopes from any source of special nuclear material, or for the fabrication of nuclear fuel containing plutonium; (2) designing, constructing, or furnishing equipment for use in any such facility; (3) training foreign personnel in such design, construction, or operation; (4) furnishing information not available to the public with respect to such design, construction, or operation; and (5) any other activities designated by the Secretary. Exempts from such requirement any such activity if: (1) it does not involve the communication of Restricted Data or classified defense information; (2) it is not in violation of other laws; or (3) it is limited either to participation in educational conferences, international conferences, or exchange programs or to furnishing of information which is available to the public. Authorizes the Secretary to require specific authorizations for activities carried out in designated countries or areas. Prohibits the Secretary from providing specific authorizations required under this Act unless Congress reviews the Secretary's reports on such authorizations and does not adopt a concurrent resolution opposing them. Title II: Exports of Highly Enriched Uranium - Authorizes the Nuclear Regulatory Commission (NRC) to issue export licenses for highly enriched uranium for nuclear reactors only if: (1) there is no alternative nuclear reactor fuel available; (2) the proposed recipient of the uranium has indicated that it will use an alternative nuclear reactor fuel when one becomes available; and (3) the executive branch is developing an alternative nuclear reactor fuel. Requires the NRC to determine a kilogram limit on the amount of highly enriched uranium of U.S. origin that will be allowed at any one time in each foreign country and at each reactor site in each such country. Requires the NRC and the executive branch to support efforts to improve physical security arrangements for exports of highly enriched uranium. Directs the Secretary to submit to Congress a plan for the development of alternative nuclear reactor fuels for use in foreign reactors. Title III: Congressional Review of Subsequent Arrangements - Revises the time periods governing congressional review of subsequent arrangements for: (1) the retransfer of special nuclear material exported from the United States to a third country for reprocessing; (2) the reprocessing of any such material; or (3) the subsequent retransfer of plutonium in quantities greater than 500 grams resulting from the reprocessing of any such materials. Provides for congressional veto of such arrangements by concurrent resolution. Title IV: Special Functions of the Secretary of Defense in Nuclear Nonproliferation Matters - Requires the approval of the Secretary of Defense for international cooperation agreements, export licenses, and subsequent arrangements with respect to nuclear material.
United States · United States Congress · 1 April 1982
Expresses the sense of the Congress that: (1) an effective Federal environmental program is necessary to protect U.S. citizens' health and well-being; (2) the Environmental Protection Agency should be appropriated increased funds to protect our environment and meet expanded responsibilities mandated by law; and (3) the President should submit a new budget for the Environmental Protection Agency for FY 1983 reflecting these principles.
United States · United States Congress · 31 March 1982
Bank Export Services Act - Amends the Bank Holding Company Act of 1956 to permit bank holding companies to invest in shares of any export trading company whose acquisition or formation by a bank holding company has been approved by the Board of Governors of the Federal Reserve System. Limits the investments in such shares to not more than five percent of the bank holding company's consolidated capital and surplus. Prohibits the name of the export trading company involved from being similar in any respect to the name of the bank holding company which owns any of its voting stock or other evidences of ownership. Amends the Federal Reserve Act to permit corporations organized for international or foreign banking, with the approval of the Board of Governors of the Federal Reserve System, to purchase and hold stock or other certificates of ownership in such an export trading company. Prohibits such an investment from exceeding 25 percent of the corporation's own capital and surplus. Permits an export trading company to engage in or hold shares of a company engaged in the business of underwriting, selling, or distributing securities in the United States only to the extent that the corporation may do so under applicable Federal and State banking law and regulations. Prohibits such an export trading company from engaging in manufacturing or agricultural production activities. Raises the ceiling on the aggregate amount of not-fully-secured acceptances which a depository institution and any Federal or State branch or agency of a foreign bank can create with respect to the importation, exportation, or domestic shipment of goods. Increases such limitation from one-half to 150 percent of the capital stock or, with the Federal Reserve Board's permission, twice the amount of the capital stock. Limits the aggregate acceptances growing out of domestic transactions to not more than 50 percent of the aggregate of all acceptances. States that such limitations do not apply to any acceptance which is issued by an institution and which is covered by a participation agreement from other banks or regulated corporations. Repeals the requirement that shipping documents be attached to acceptances arising from the domestic shipment of goods.
United States · United States Congress · 31 March 1982
Enterprise Zone Tax Act of 1982 - Title I: Designation of Enterprise Zones - Amends the Internal Revenue Code to provide for the designation of enterprise zones by the Secretary of Housing and Urban Development for purposes of extending the tax incentives and regulatory flexibility measures provided by this Act. Specifies that State and local governments shall nominate areas for such designation. Limits the designation of enterprise zones to 25 nominated areas per year. Limits the period during which such designation shall remain in effect. Specifies that the Secretary may designate such zones only if: (1) the area is within the jurisdiction of the local government; (2) the boundary of the area is continuous; (3) the area has a population of at least 4,000 if any portion thereof is located within a standard metropolitan statistical area (with a population of at least 50,000) or 2,500 otherwise, or is within an Indian reservation; and (4) the area meets specified unemployment and poverty requirements. Requires nominating local governments, as a condition of the Secretary's designation, to agree in writing to follow a course of action which may include reducing tax rates, improving local services, simplifying or streamlining regulation of business, or receiving commitments of private entities to assist employees and residents of the area. Terminates the authority of the Secretary to designate enterprise zones on December 31, 1985. Describes areas to which preference shall be given in deciding to designate enterprise zones. Requires that any property tax reduction effected by a local government under the terms of this Act be disregarded for purposes of determining the eligibility of a State or local government for Federal assistance or benefits. States that designation of an enterprise zone shall not give displaced persons from such an area any rights or benefits under the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970. Title II: Federal Income Tax Incentives - Subtitle A - Credits for Employers and Employees - Amends the Internal Revenue Code to allow employers a nonrefundable income tax credit for ten percent of the increase in payroll for all employees, taking into account a maximum of $15,000 in wages per employee. Allows such credit only for wages paid to employees who perform 90 percent of their services in work directly related to the conduct of the taxpayers' business located in the enterprise zone and who perform 50 percent of their services within such zone. Phases out such credit in the last three years of the enterprise zone designation. Allows a nonrefundable income tax credit for employers equal to 50 percent of the wages paid to certain disadvantaged workers for the first three years of the enterprise zone designation. Phases out such credit by ten percent a year beginning in the fourth year after such designation. Requires a recapture of such credit for the early termination of such employees. Disallows a deduction for the portion of wages or salaries subject to such credit. Requires employers to furnish to each employee a written statement showing the amount of wages paid to such employee. Provides an income tax credit for enterprise zone employees equal to five percent of the first $9,000 of wages received each year. Phases out such credit in the last four years of the enterprise zone designation. Subtitle B: Credits for Investment in Tangible Property in Enterprise Zones - Allows businesses an additional investment tax credit for certain tangible property located in enterprise zones. Limits such credit to five percent for zone personal property and ten percent for new zone construction property, including rental property. Requires that the property subject to such credit be predominantly used in the zone, be purchased after zone designation, and not be acquired from relatives or related corporations. Requires the recapture of such credit upon early disposition of the property. Subtitle C: Reduction in Capital Gain Tax Rates - Eliminates the capital gains tax on property of corporations acquired after the enterprise zone designation and used in a zone business. Qualifies certain low-income rental housing located in an enterprise zone for such treatment. Permits property to remain qualified for purposes of the revised capital gains treatment after a designation of an enterprise zone has terminated. Exempts gain from the sale or exchange of property used in a business in an enterprise zone from the computation of the minimum tax. Expresses the sense of Congress that if the minimum tax is modified, enterprise zone capital gain will be excluded in computing minimum taxable income. Subtitle D: Extension of Carryover Periods - Extends the net operating loss and investment tax credit carryover period to the longer of 15 years or the duration of the enterprise zone designation for businesses operating in such zones. Subtitle E: Rules Relating to Industrial Development Bonds - Provides that rules relating to small issue tax-exempt industrial development bonds now in effect shall apply to bonds used to finance land or other depreciable property located in an enterprise zone, even if such rules are subsequently changed. Subtitle F: Sense of the Congress With Respect to Tax Simplification - Expresses the sense of the Congress that the Internal Revenue Service should simplify the administration and enforcement of any provision of the Internal Revenue Code affected by this Act. Title III: Regulatory Flexibility - Revises the definition of "small entity" for purposes of the analysis of regulatory functions, to include qualified businesses (as defined in Title II of this Act), designating governments, and nonprofit enterprises operating within enterprise zones. Authorizes Federal agencies, upon request by designating governments, to waive or modify rules and regulations which pertain to the carrying out of projects or activities within an enterprise zone. Requires agencies to approve such request if the resulting benefits of job creation, community development, or economic revitalization outweigh the public interest in continuation of the rule unchanged. Disallows the waiver or modification of a rule that would directly violate a statutory requirement (including the Davis-Bacon Act and the Fair Labor Standards Act) or which would present a danger to the public health and safety. Provides that such waivers or modifications of a rule shall remain in effect as long as the zone designations. Amends the Department of Housing and Urban Development Act to direct the Secretary of Housing and Urban Development to promote the coordination of all enterprise zone programs and consolidate all periodic reports required under such programs into one summary report. Title IV: Establishment of Foreign Trade Zones in Enterprise Zones - Requires the Foreign-Trade Zone Board to consider on a priority basis and expedite the processing of applications for the establishment of foreign-trade zones within enterprise zones. Requires the Secretary of the Treasury to give priority to and expedite applications for the establishment of ports of entry necessary to establish such zones. States that to the maximum extent practicable foreign-trade zones should be established within enterprise zones.
United States · United States Congress · 31 March 1982
Amends rule X of the Rules of the House of Representatives to establish the Select Committee on Children, Youth, and Families to conduct a comprehensive study on their problems and to develop policies to coordinate governmental and private programs to address such problems. Provides that the committee shall not have legislative jurisdiction and shall terminate at the close of the Ninety-ninth Congress.
United States · United States Congress · 31 March 1982
Expresses the sense of the House of Representatives that: (1) graduate and professional students should remain eligible for guaranteed student loans under the Higher Education Act of 1965; (2) Congress should provide Pell grant assistance for academic year 1982 through 1983 that fully funds the need analysis criteria of January 6, 1982, in order to provide assistance to 2,600,000 needy students; and (3) Congress should not further reduce the amount of funds available for campus-based student assistance programs under the Higher Education Act of 1965 below the levels established by the Omnibus Reconciliation Act of 1981.
United States · United States Congress · 29 March 1982
Authorizes the President to designate April 4, 1982, as the National Day of Reflection. Notes that such date coincides with the 80th birthday of Rabbi Menachem Mendel Schneerson, head of the Lubavitch movement.
United States · United States Congress · 25 March 1982
Expresses the sense of the House of Representatives that changes to the Railroad Retirement Act of 1974 proposed in the FY 1983 budget should not be implemented.
United States · United States Congress · 24 March 1982
Amends the Internal Revenue Code to revise requirements for the tax exclusion of interest on mortgage subsidy bonds. Revises the arbitrage requirements for tax-exempt bonds to increase the amount by which interest rates on such bonds may exceed the interest rates on mortgages financed with such bonds. Increases the amount by which the acquisition cost of bond-financed residences may exceed the average area purchase price of other homes in the same statistical area. Revises the new homeowner requirements to allow eligibility for bond-financed mortgages for persons who are residing in substandard housing or who have lost their homes because of natural disasters or governmental action.
United States · United States Congress · 24 March 1982
Hazardous Waste Management Act of 1982 - Amends the Solid Waste Disposal Act to prohibit the landfill disposal of any hazardous waste in liquid form or having any liquid content, whether or not such waste is mixed with solid or partially solid hazardous waste, and whether or not such waste is placed in containers before disposal in the landfill. Prohibits the landfill disposal of the following, except where there is no feasible alternative means of treatment, recovery, or disposal which will protect human health and the environment: (1) hazardous wastes that are known to possess the chemical or physical-chemical ability to penetrate the clay and synthetic membrane liners used at the landfill; and (2) acute hazardous wastes. Sets forth the effective dates of the prohibitions contained in this Act.
United States · United States Congress · 24 March 1982
States that the Federal Government should restore balance to the Department of Energy's FY 1983 budget by maintaining funding for energy conservation, renewable energy, and weatherization programs and by distributing information on conservation and renewable energy.
United States · United States Congress · 23 March 1982
Amends the Public Works and Economic Development Act of 1965 to revise eligibility requirements for direct and supplementary grants for public works and development facilities. Authorizes appropriations for the purposes of such Act for fiscal years 1983 and 1984. Directs the Secretary of Commerce to give priority consideration to redevelopment areas that have been classified as labor surplus areas by the Secretary of Labor. Reduces the time period during which the Secretary of Commerce may terminate a designation of area eligibility. Repeals provisions concerning: (1) Indian economic development; (2) economic recovery assistance for disaster areas; and (3) the job opportunities program. Redefines "eligible recipient" to exclude Indian tribes. Amends the Appalachian Regional Development Act of 1965 to authorize appropriations for the purposes of the Appalachian Regional Commission through FY 1984. Extends the provisions of such Act through FY 1984.
United States · United States Congress · 23 March 1982
Expresses the sense of the House of Representatives that the United States: (1) should not sell advanced weapons to Jordan; and (2) should ensure that Israel retains its qualitative military edge in the Middle East.
United States · United States Congress · 22 March 1982
Amends title XVI (Supplemental Security Income) of the Social Security Act to exclude burial plots and burial insurance policies from the determination of an SSI applicant's resources.
United States · United States Congress · 17 March 1982
Directs the Secretary of the Treasury to study and report to specified congressional committees on the advisability of replacing the Federal individual income tax or such income tax and the Federal corporate income tax with a simplified income tax on gross income.
United States · United States Congress · 16 March 1982
Expresses the sense of the Congress that: (1) the United States should not encourage or support efforts to destabilize or overthrow the government of any Central American nation; (2) other nations in the region should not engage in such activities; and (3) all interested parties should encourage a peaceful resolution of conflicts in the region.
United States · United States Congress · 16 March 1982
Expresses the sense of Congress that sufficient funds should be provided for maintenance of U.S. rivers and harbors to maintain authorized depths, and that such funds should not be impounded or held unspent by the President.
United States · United States Congress · 16 March 1982
Reaffirms that deposits, up to the statutorily prescribed amount, in federally insured depository institutions are backed by the full faith and credit of the United States.
United States · United States Congress · 15 March 1982
Family Housing Production Act of 1982 - Requires the Secretary of Housing and Urban Development, through the Government National Mortgage Association, to enter into five-year contracts to provide periodic assistance payments on behalf of homeowners to mortgagees and other lenders. Directs the Secretary to give priority to assisting persons who have not owned a home within the last three years. Permits payments to be made only to a mortgagor who satisfies requirements for creditworthiness and has a family income not exceeding 140 percent of the area median income and who: (1) is the original owner of a manufactured home the loan for which is incurred under the National Housing Act; or (2) has a fixed-rate 30-year mortgage which is secured by a home built after enactment of this Act, has no prepayment penalty, and requires increased payments beginning with the second year which shall be applied to the principal obligation until it is paid off. Limits the amount of assistance payments to the difference between the amount of the monthly payment for principal, interest, and loan insurance under the first year of the loan and the amount the monthly payment for principal and interest would be if the interest rate on the loan were: (1) ten percent (12 percent for a manufactured home); or (2) four percentage points less than the rate specified in the loan, whichever rate is higher. Requires that the mortgagor pay at least 25 percent of his or her income toward the monthly loan payment. Declares that manufactured homes shall comprise not more than 20 percent of the units assisted under this Act. Directs the Secretary to allocate the amount available to carry out this Act on the basis of the population, decline in housing starts, and unemployment rate in each State relative to all States. Directs the Secretary to recapture the lesser of the amount of assistance provided under this Act or an amount equal to 50 percent of the net appreciation of the property whenever the mortgagor sells the property or rents it for a period exceeding one year. Authorizes the Secretary to insure mortgages assisted under this Act.
![Official portrait of Rep. LaFalce, John J. [D-NY-29]](https://www.congress.gov/img/member/l000556_200.jpg)