United States · United States Congress · 6 March 1996
Cardiac Arrest Survival Act - Amends the Public Health Service Act to mandate a program to develop and operate demonstration projects to provide training in the provision of life-saving first aid and related recommendations, data collection, and evaluations. Requires the projects and recommendations to include projects and recommendations regarding the use of automated external defibrillators. Mandates data collection regarding conditions with respect to which the provisions of life-saving first aid may be appropriate. Authorizes appropriations.
United States · United States Congress · 5 March 1996
International Counterfeiting Prevention Act of 1996 - Requires the Secretary of the Treasury (Secretary), the Chairman of the Board of Governors of the Federal Reserve System, and the Secretary of State to establish, and appoint the members of, an interagency task force to: (1) monitor the use and holding of U.S. currency in foreign countries; (2) produce a statistically valid estimate of the amount of counterfeit U.S. currency that is produced, passed, and possessed outside the United States each year; and (3) coordinate the activities of the agencies represented on the task force in carrying out such duties. Requires the task force to establish, implement, and report to the Congress on an effective international evaluation audit plan designed to enable the represented agencies to carry out their duties. Requires the Secretary of State to: (1) consider in a timely manner the request of the Secretary of the Treasury for the placement of Secret Service agents in posts in overseas embassies for the effective enforcement of prohibitions against international counterfeiting of U.S. currency; and (2) reach an agreement with the Secretary on such posts by December 31, 1996. Requires the Secretaries to each submit a written report, by February 1, 1997, to specified congressional committees explaining the reasons for any rejection of a proposed post and any failure to fill an approved post by such date. Requires the United States Sentencing Commission to amend its sentencing guidelines to provide an appropriate enhancement of the punishment (a maximum 20-year prison term) for a defendant convicted under the Federal criminal code of international counterfeiting of U.S. currency.
United States · United States Congress · 29 February 1996
Amends the Internal Revenue Code to decrease the targeted jobs credit from 40 to 35 percent of the amount of qualified first-year wages. Revises targeted group membership provisions. Excludes from the definition of wages any wages paid after: (1) December 31, 1994, and before the 60th day after enactment; or (2) December 31, 1997. Redesignates such credit the "work opportunity credit." Extends to December 31, 1997, the: (1) exclusion from gross income of employer-provided educational assistance; (2) credit for increasing research activities; (3) orphan drug tax credit; (4) special rule concerning deductions for contributions of stock for which market quotations are readily available; and (5) exclusion from gross income of employer contributions to qualified group legal services plans. Extends the binding contract date for biomass and coal facilities to July 1, 1997. Extends permanently the Federal Unemployment Tax Act exemption for alien agricultural workers.
United States · United States Congress · 28 February 1996
Financial Crimes Prevention Act of 1996 - Amends the Federal criminal code to increase penalties for making, possessing, using, or selling materials or devices for counterfeiting U.S. obligations or securities and for possessing distinctive paper or a distinctive counterfeit deterrent adopted by the Secretary of the Treasury for U.S. obligations or securities. Sets penalties for: (1) possessing, drawing, printing, processing, or otherwise making or passing, presenting, or selling any fictitious obligation within the United States; (2) using an instrumentality of interstate or foreign commerce to transmit or transport any fictitious obligation to, from, or through the United States; or (3) attempting to commit an such offense. Grants the United States Secret Service authority to investigate such offenses. Provides for the forfeiture of counterfeit access devices, device-making equipment, and scanning receivers possessed with intent to defraud in violation of Federal law.
United States · United States Congress · 27 February 1996
Patient Right to Know Act of 1996 - Prohibits an entity offering a health plan from: (1) providing, in any contract or agreement with a health care provider, any restriction on or interference with any medical communication; or (2) taking retaliatory action against a provider on the basis of a medical communication. Defines "medical communication" as being between a provider and: (1) a current, former, or prospective patient; (2) any employee or representative of the entity; or (3) any representative of any State or Federal authority with responsibility for licensing or oversight regarding the entity or plan. Mandates civil money penalties. Allows State requirements more protective of medical communications than the requirements of this Act.
United States · United States Congress · 1 February 1996
Mississippi Interstate Cooperative Resource Agreement Act of 1996 - Mandates a pilot test and report to the Congress regarding the Mississippi Interstate Cooperative Resource Agreement. Allows the test to include examination of: (1) Mississippi River drainage system ecosystems and fishery resources and habitats; (2) the impacts of specified factors on fishery resources; (3) existing resource data; (4) major information gaps and technological needs; (5) interjurisdictional fishery resources; (6) cooperative management and research projects; (7) restoration of depleted stocks and habitats; (8) the feasibility of the program; and (9) the funds required. Allows use of amounts available to carry out this Act to pay assistance to the Mississippi Interstate Cooperative Resources Association for pilot test costs.
United States · United States Congress · 1 February 1996
Repeals the amendments enacted under the National Defense Authorization Act for Fiscal Year 1996 that require any member of the armed forces who is determined to be HIV-positive (Human Immunodeficiency Virus-1) to be separated within six months after such determination.
United States · United States Congress · 1 February 1996
Expresses the sense of the Congress that, not later than March 15, 1996, the Congress should appropriate for FY 1996 for each continuing program or activity of the Department of Education not less than the amount appropriated for FY 1995 for such program or activity.
United States · United States Congress · 22 December 1995
Provides that any individual who performs Operation Joint Endeavor services (United Nations-sponsored peacekeeping activities in Bosnia and Herzegovina) shall be entitled to the same tax benefits under the Internal Revenue Code that are provided to U.S. military personnel who perform service in an area designated by the President as a combat zone. Makes this Act effective for periods beginning on or after December 4, 1995.
United States · United States Congress · 22 December 1995
Establishes a Commission on Women's Art in the United States Capitol. Directs the Commission to study and report to the Congress on matters relating to the representation of women in history (including the current century) in the United States Capitol.
United States · United States Congress · 21 December 1995
Sound Science for the Environment Act - Establishes as an independent agency the National Institute for the Environment to: (1) initiate, facilitate, and perform comprehensive assessments of the current state of knowledge of environmental issues and their implications; (2) establish a Center for Environmental Assessment; (3) award competitively grants and contracts for extramural scientific research; (4) establish a Directorate of Research and a universally accessible National Library for the Environment; and (5) sponsor education and training of environmental scientists and professionals and improve public environmental literacy. Establishes a Board of Governors for the Institute. Provides for interagency acquisition of information and establishes an Interagency Advisory Committee to ensure that the environmental efforts of the Institute and other Federal agencies are complementary. Makes scientists, engineers, and other researchers eligible to receive funding from the Institute. Requires the President to submit to the Congress recommendations regarding existing non-regulatory Federal programs that are appropriate for transfer to the Institute, together with legislation to effect such transfers.
United States · United States Congress · 19 December 1995
Calls on the people of the United States to set a place at their tables during the 1995 holiday season as a reminder of the U.S. men and women serving in the peacekeeping efforts for Bosnia-Herzegovina.
United States · United States Congress · 14 December 1995
Provides that any individual who performs Operation Joint Endeavor services (United Nations-sponsored peacekeeping activities in Bosnia and Herzegovina) shall be entitled to the same tax benefits under specified provisions of the Internal Revenue Code that are provided to U.S. military personnel who perform service in an area designated by the President as a combat zone. Makes this Act effective for periods beginning on or after December 4, 1995.
United States · United States Congress · 13 December 1995
Amends the Internal Revenue Code to exclude from gross income military compensation received by enlisted personnel and commissioned officers of the armed forces for active service in a contingency operation zone in the same manner as if such service was performed in a combat zone. Increases the income exclusion limit to $2,400 for military compensation received by a commissioned officer for active service in a combat zone or a contingency operation zone.
United States · United States Congress · 7 December 1995
Restoration of Natural Resources Laws on the Public Lands Act of 1995 - Amends Federal law to repeal the emergency salvage timber sale program. Directs the Secretaries of Agriculture and the Interior to suspend respective activities until they have determined that any such activity complies with applicable environmental and natural resource laws.
United States · United States Congress · 30 November 1995
Nigeria Democracy Act - Imposes certain economic sanctions against Nigeria to promote democracy and human rights there. Requires the President to direct the Secretary of Transportation to revoke the right of Nigerian air carriers to service, and prohibit U.S. air carriers from servicing, routes between the United States and such country. Authorizes waiver of such sanctions if the President certifies to the Congress that such waiver is important to the national interest. Expresses the sense of the Congress that: (1) the United States should exclude Nigerian sporting teams from participating in any sporting event in the United States; and (2) no later than 60 days before the opening of the 1996 Olympic Games, the President should determine the appropriateness of issuing visas for Nigerian participants in such Games. Directs the President to report periodically to the Congress on the extent to which Nigeria has made progress toward democracy, civilian rule, and respect for internationally-recognized human rights.
United States · United States Congress · 18 November 1995
Amends Federal armed forces provisions to provide that: (1) the special rule concerning annual cost-of-living adjustments to retired military pay for individuals who first became members of a uniformed service before August 1, 1986, shall apply only through FY 1996 (currently, FY 1998); and (2) the initial month that such increase is payable shall be March (currently, September) of the year following the effective date of such increase.
United States · United States Congress · 17 November 1995
Authorizes the Speaker of the House of Representatives and the President pro tempore of the Senate to present, on behalf of the Congress, a gold medal to Billy and Ruth Graham in recognition of their outstanding and enduring contributions toward faith, morality, and charity. Authorizes the Secretary of the Treasury to strike and sell bronze duplicates of such medal. Directs the Secretary to transfer from the Numismatic Public Enterprise Fund to the Library of Congress the amount by which the sum of any gifts and donations received by the Secretary to carry out this Act and any proceeds from the sale of bronze duplicates exceeds the total amount of the costs incurred by the Secretary in carrying out this Act.
United States · United States Congress · 17 November 1995
Prohibits the disbursement of basic pay to a Member of Congress during any period in which: (1) there is a lapse in appropriations for any Federal agency or department as a result of a failure to enact a regular appropriations bill or continuing resolution; or (2) the Government is unable to make payments or meet obligations because the public debt limit has been reached.
United States · United States Congress · 14 November 1995
Smithsonian Institution Sesquicentennial Commemorative Coin Act - Directs the Secretary of the Treasury to issue five-dollar gold coins and one-dollar silver coins emblematic of the scientific, educational, and cultural significance of the Smithsonian Institution. Mandates that: (1) all but a certain portion of surcharges received from coin sales be paid by the Secretary to the Smithsonian Institution for such purposes as its Board of Regents determines to be appropriate; and (2) a certain portion of such surcharges be dedicated to supporting the operation and activities of the National Numismatic Collection at the National Museum of American History.
United States · United States Congress · 2 November 1995
Travel and Tourism Partnership Act of 1995 - Establishes the National Tourism Board to develop a national travel and tourism strategy for increasing U.S. travel and tourism. Establishes the National Tourism Organization as a non-Federal non-profit organization to implement the national travel and tourism strategy. Directs the Secretary of State and the Director of the United States Information Agency (USIA) to: (1) place priority on implementing recommendations by the National Tourism Board; and (2) cooperate with the National Tourism Organization. Authorizes the President to transfer up to 25 staff members of the United States Travel and Tourism Administration to the Foreign Service or the Commercial Service for two years to assist the Organization in its start-up activities. Amends the Export Enhancement Act of 1988 to require the Trade Promotion Coordinating Committee's (TPCC) Federal trade promotion plan to reflect, among other things, recommendations by the National Tourism Board. Makes the President of the National Tourism Organization a member of the TPCC.
United States · United States Congress · 31 October 1995
TABLE OF CONTENTS: Title I: House of Representatives Election Spending Limits and Benefits Title II: Reduction of Special Interest Influence Subtitle A: Elimination of Political Action Committees From Federal Election Activities Subtitle B: Provisions Relating to Soft Money of Political Parties Subtitle C: Soft Money of Persons Other Than Political Parties Subtitle D: Contributions Subtitle E: Additional Prohibitions on Contributions Subtitle F: Independent Expenditures Title III: Miscellaneous Provisions Bipartisan Clean Congress Act of 1995 - Title I: House of Representatives Election Spending Limits and Benefits - Amends the Federal Election Campaign Act of 1971 to make candidates for election to the House of Representatives eligible to receive benefits under this Act if they declare that they will not exceed expenditure or contribution limits. Sets forth expenditure limits of $600,000 by a candidate and authorized committees, allowing additional expenditures for runoffs and contested primaries. Provides for complying candidates running against noncomplying candidates. Entitles eligible candidates to receive certain broadcast media rates and reduced postage rates. Provides for Federal Election Commission certification of whether a candidate is eligible. Mandates repayment of benefits not used as required and civil penalties for excessive expenditures. (Sec. 102) Amends the Communications Act of 1934 to: (1) modify broadcast media candidate rate requirements; and (2) regulate rates for eligible House candidates. Regulates preemption. Changes the circumstances in which a station license may be revoked for failure to allow candidate access. Conditions new licenses and renewal on agreement to abide by these provisions. (Sec. 103) Amends Federal law to require postal rates for third class mail sent by eligible House candidates to be the same as for qualified nonprofit organizations. (Sec. 104) Amends the Federal Election Campaign Act of 1971 to set contribution limits for eligible House candidates. (Sec. 105) Sets forth expenditure reporting requirements. Title II: Reduction of Special Interest Influence - Subtitle A: Elimination of Political Action Committees From Federal Election Activities - Amends the Federal Election Campaign Act of 1971 to prohibit, notwithstanding any other provision of the Act, any person other than an individual or a political committee from making contributions, soliciting or receiving contributions, or making expenditures to influence a Federal office election. Defines "political committee" to mean: (1) a candidate's principal campaign committee; (2) any national, State, or district political party committee; (3) certain local political party committees; and (4) combinations of a candidate's and a party's committees. Removes provisions that currently include in the definition of "contribution or expenditure" the establishment, administration, and solicitation of contributions to a separate political fund by a corporation, labor organization, membership organization, cooperative, or corporation without capital stock. Modifies the circumstances in which a political committee that has supported more than one candidate may be designated as an authorized committee. Restricts the political committees that may be financed or controlled by any Federal office holder or candidate. Repeals provisions limiting multicandidate political committee contributions to candidates and their authorized political committees. (Sec. 202) Limits the aggregate amount of large contributions to congressional campaigns. (Sec. 203) Limits to $100 the aggregate contributions by a lobbyist with respect to any Federal office election. Subtitle B: Provisions Relating to Soft Money of Political Parties - Prohibits political party national committees and any entity established, financed, or controlled by them from soliciting or receiving contributions or spending funds not subject to this Act. Requires amounts spent by a political party committee that might affect a Federal election (including voter registration, get-out-the- vote activity, generic campaign activity, and communications that identify a Federal candidate) to be made from funds subject to this Act. Prohibits political party committees from soliciting funds for or making donations to any organization that is tax exempt under section 501(c) of the Internal Revenue Code. Prohibits any Federal office holder or candidate and their agents from soliciting or receiving funds: (1) in connection with a Federal election unless the funds are subject to this Act; or (2) to be spent in connection with a non-Federal election unless the funds are not in excess of amounts permitted to Federal candidates and committees under provisions of this Act and are not from sources prohibited by this Act for Federal elections. Prohibits Federal office holders or candidates from having certain relationships with or taking certain actions regarding any organization described in section 501(c) of the Internal Revenue Code. (Sec. 212) Imposes or modifies political committee reporting requirements. (Sec. 213) Removes the exclusion of office facility construction or purchase contributions from the definition of "contribution." Subtitle C: Soft Money of Persons Other Than Political Parties - Imposes reporting requirements on disbursements over $2,000 by a person other than a political party committee or a candidate. Subtitle D: Contributions - Revises requirements regarding contributions made through an intermediary or conduit. Subtitle E: Additional Prohibitions on Contributions - Requires that 60 percent of contributions to a congressional campaign from individuals come from individuals legally residing in the candidate's State. Subtitle F: Independent Expenditures - Revises the definition of "independent expenditure." Declares that any expenditure that contains express advocacy and does not qualify as an independent expenditure is a contribution. (Sec. 252) Imposes reporting requirements relating to independent expenditures. Title III: Miscellaneous Provisions - Modifies or creates requirements regarding: (1) the use of contributions for campaign vs. personal expenses; (2) campaign advertising disclosures regarding who paid for and authorized the advertising; (3) the filing of designations, statements, and reports in electronic form and by facsimile machine; (4) random audits and investigations; (5) the filing of certain reports for the election cycle rather than for the calendar year; (6) reporting and recordkeeping regarding personal or consulting service expenditures; (7) the use of candidates' names by authorized, unauthorized, and party committees; (8) the monthly filing of certain reports, "best efforts" by a treasurer to comply with requirements, and Commission waiver of requirements; (9) filing of statements of organization; (10) the Commission's authority to appear in actions related to its duties or powers; (11) exclusive Commission action on committee insolvency; (12) promulgation of regulations to prohibit devices or arrangements to undermine or evade certain provisions of the Act; (13) limiting Commission members to one term; (14) the authority of the Commission to seek injunctions; and (15) administrative and judicial procedures. (Sec. 316) Amends the Legislative Branch Appropriations Act, 1991 to replace House of Representatives mass mailings provisions with provisions establishing an Official Mass Mailing Allowance for Members of the House of Representatives. Modifies Member mail allowance requirements and prohibits certain transfers from other Member accounts. (Sec. 318) Declares that it is the intent of the Congress that any funds realized by provisions of this Act establishing the Mass Mailing Allowance shall be designated to pay for benefits provided by provisions of this Act relating to postal rates for third class mail sent by eligible House candidates. (Sec. 320) Provides for expedited and mandatory Supreme Court review of any appeal of any interlocutory order or final court action on the constitutionality of any provision of this Act.
United States · United States Congress · 30 October 1995
Agricultural Contract Sanctity Act of 1995 - Amends the Agricultural Trade Act of 1978 to: (1) eliminate certain agricultural export sales reporting requirements; and (2) prohibit the President from taking actions to curtail or prohibit agricultural exports without majority approval of the Senate and the House of Representatives. Provides fast track referral and procedures for any related bill to disapprove or modify a proposed curtailment or modification.
United States · United States Congress · 24 October 1995
TABLE OF CONTENTS: Title I: General Provisions Title II: Establishment of the Federal Statistical Service Title III: Transfers of Functions and Offices Title IV: Administrative Provisions Subtitle A: Personnel Provisions Subtitle B: General Administrative Provisions Title V: Transitional, Savings, and Conforming Provisions Statistical Consolidation Act of 1995 - Title I: General Provisions - Sets forth congressional findings and expresses the sense of the Congress with regard to the Chief Statistician of the Office of Management and Budget, confidentiality provisions of statistical agencies, and budget and functions of the Bureau of the Census relating to decennial population censuses. Title II: Establishment of the Federal Statistical Service - Establishes an independent Federal Statistical Service (FSS) in the executive branch, headed by an Administrator, and made up of the Bureaus transferred to it by title III. Establishes within the FSS the Federal Council on Statistical Policy, which shall: (1) serve as an advisory body to the Chief Statistician on confidentiality issues; (2) set forth a Governmentwide statistical policy; and (3) study and report to the Congress on certain economic- and census-related matters. Title III: Transfers of Functions and Offices - Transfers the following entities to the Service along with all of their functions and offices: (1) the Bureau of Census of the Department of Commerce; (2) the Bureau of Economic Analysis of the Department of Commerce; and (3) the Bureau of Labor Statistics of the Department of Labor. Title IV: Administrative Provisions - Subtitle A: Personnel Provisions - Specifies authorities with respect to Service officers and employees, experts and consultants, and acceptance of voluntary services. Subtitle B: General Administrative Provisions - Sets forth general administrative authorities pertaining to various specified Service matters. Title V: Transitional, Savings, and Conforming Provisions - Sets forth transitional, savings, conforming, and other specified miscellaneous provisions.
United States · United States Congress · 24 October 1995
TABLE OF CONTENTS: Title I: Bank Securities Activities and Affiliations With Securities Firms and Other Financial Companies Subtitle A: Securities Activities Subtitle B: Investment Bank Holding Companies Subtitle C: Financial Activities Subtitle D: Interagency Banking and Financial Services Advisory Committee Subtitle E: Application and Registration Fees Title II: Functional Regulation Subtitle A: Brokers and Dealers Subtitle B: Bank Investment Company Activities Title III: Bank Insurance Activities Title IV: Reductions in Government Overregulation Subtitle A: The Home Mortgage Process Subtitle B: Community Reinvestment Act Amendments Subtitle C: Consumer Banking Reforms Subtitle D: Equal Credit Opportunity Act Amendments Subtitle E: Consumer Leasing Act Amendments Title V: Streamlining Government Regulations Subtitle A: Regulatory Approval Issues Subtitle B: Streamlining of Government Regulations; Miscellaneous Provisions Title VI: Lender Liability Title VII: Annual Study and Report on Impact on Lending to Small Business Financial Services Competitiveness Act of 1995 - Title I: Bank Securities Activities and Affiliations with Securities Firms and Other Financial Companies - Subtitle A: Securities Activities - Amends the Banking Act of 1933 (Glass-Steagall Act) to repeal the proscription against affiliation of any member bank of the Federal Reserve System with an entity engaged principally in securities activities (securities affiliate). (Sec. 102) Amends the Bank Holding Company Act of 1956 (BHCA) to authorize financial services holding companies (FSHCs) to own shares of a securities affiliate. (Sec. 103) Delineates activities permissible for securities affiliates. Instructs the Board of Governors of the Federal Reserve System (the Board) to consider the need for securities firms affiliated with banks to be innovative and competitive when it makes determinations of "permissible activities." Cites circumstances under which the Board may permit an FSHC to: (1) acquire more than five percent of, or all or substantially all of, the voting shares or assets of a securities affiliate; (2) make additional investments that are considered capital for purposes of statutory capital requirements in a securities affiliate under its control; and (3) permit its securities affiliate to underwrite or deal in any security for a maximum aggregate period of two years. Prohibits any FSHC acquisition of any securities affiliate or any additional investment in such an affiliate unless the Board has received full payment of the application fee. Excludes a securities affiliate's assets and liabilities (except those related to nonsecurities activities) from the determination of whether an FSHC is adequately capitalized. States that such exclusion shall not apply, however, to an investment bank holding company predominantly engaged in securities activities on a consolidated basis. Prohibits a FSHC that acquires control of a securities affiliate from permitting any depository institution (or its subsidiary), except for certain Edge Act and agreement corporations, from engaging in underwriting securities backed by or representing interests in obligations or pools of obligations originated or purchased by the institution or its affiliates. Requires the Board to deny any notice or application by an FSHC to engage in, or acquire shares of a company engaged in, underwriting or dealing in securities in the United States, unless such activity is permissible for a national bank. Treats certain participants in a bankers' bank holding company as subsidiaries. Cites circumstances under which an FSHC may acquire shares and ownership interests in connection with underwriting and investment banking activities without prior Board approval. Requires any FSHC to pay an annual registration fee with respect to each securities affiliate and company or other entity it controls which has acquired shares, assets, or ownership interests as part of a bona fide underwriting or investment banking activity. (Sec. 104) Delineates conditions under which: (1) a well capitalized insured depository institution may extend credit to acquire or sell securities, or enhance the marketability of securities underwritten by a securities affiliate; and (2) an FSHC or its subsidiary may extend credit or make payments to finance the purchase of a security underwritten by one of its securities affiliates. Directs the Board to promulgate regulations under which directors and senior executive officers of a securities affiliate may serve simultaneously in the same capacity at an affiliated depository institution (management interlocks). Sets forth disclosure requirements for securities affiliates and insured depository institutions. Sets restrictions upon the underwriting by an securities affiliate of securities representing obligations originated by an affiliated depository institution. Prescribes guidelines under which each appropriate Federal banking agency and the Securities and Exchange Commission (SEC) shall establish information sharing and compliance programs and coordinate their activities to enforce this Act. Identifies conditions (foreign bank firewalls) under which the uninsured wholesale operations of foreign banks are exempt from the restrictions relating to securities affiliates. Amends the Federal Reserve Act to extend the time period during which a member bank is prohibited from acquiring a security if a principal underwriter in the selling syndicate is a bank affiliate. Amends the Federal Power Act to exempt from its prohibition against interlocking directorates certain persons currently serving or proposing to serve as directors or officers of a public utility and a banking firm permitted to underwrite or participate in the marketing of public utility securities, if that banking firm does not underwrite or participate in the marketing of securities of the same public utility. Amends the Right to Financial Privacy Act to permit the supervisory agencies of the Federal Financial Institutions Examination Council and the SEC to exchange examination reports. Amends the BHCA of 1956 to authorize the Board to promulgate regulations for the protection of depository institutions and for the separation of banking and commerce. (Sec. 105) Amends the Bank Holding Company Act to set forth circumstances under which securities companies that become FSHCs may retain ownership of financial and nonfinancial companies. Restricts joint marketing of products or services between an insured depository institution and an affiliate owned by an FSHC. (Sec. 106) Identifies circumstances under which qualified limited purpose banks are exempt from: (1) asset growth restrictions; (2) new activities' restrictions; (3) cross-marketing restrictions; and (4) divestiture requirements. Prescribes guidelines for the conversion of certain nonbank holding companies to FSHC status. (Sec. 107) Amends the Federal Deposit Insurance Act (FDIA) to set forth parameters within which certain insured depository institutions may be affiliates of a securities underwriter or dealer. Requires the Federal Deposit Insurance Corporation (FDIC) to: (1) study and report to the Congress on the risks posed to the deposit insurance funds by the affiliation of insured depository institutions with securities affiliates; and (2) factor into semiannual assessments any increased risk to the funds that it finds are caused by such affiliations. (Sec. 108) Amends the International Banking Act of 1978 to authorize the Board to set a termination date for any grandfathered authority conferred upon a foreign bank or company following Board approval of its application under this Act to control a securities affiliate. (Sec. 109) Amends the BHCA of 1956 to preclude the States from prohibiting or limiting: (1) bank or FSHC affiliation with a securities affiliate solely because such affiliate is engaged in specified securities activities; or (2) activities of an FSHC subsidiary solely because the FSHC is no longer exempt under the BHCA. (Sec. 110) Amends the FDIA to direct the appropriate Federal banking agencies to jointly prescribe standards applicable to certain insured depository institutions that conduct transactions in securities issued by an investment company or annuities. Requires such standards to be comparable to the standards applicable to brokers and dealers registered under the Securities Exchange Act of 1934 unless the appropriate Federal banking agencies jointly determine that implementation of comparable standards is not necessary or appropriate for the maintenance of fair and orderly markets, or the protection of investors, or is not in the public interest. Subtitle B: Investment Bank Holding Companies - Amends the BHCA of 1956 to: (1) establish a new category known as "investment bank holding company" (IBHC); and (2) delineate permissible affiliations for investment bank holding companies. Prohibits the use of Federal deposit insurance funds for a wholesale financial institution (certain uninsured State member banks), or an IBHC. (Sec. 116) Prescribes guidelines under which foreign banks may be treated as IBHCs and for reciprocal national treatment and coordination with the North American Free Trade Agreement (NAFTA). (Sec. 117) Amends the Federal Reserve Act to prescribe procedural guidelines for membership as a wholesale financial institution in the Federal Reserve System. Amends the FDIA to prescribe a procedure by which an insured State-chartered bank or a national bank may voluntarily terminate its status as an insured depository institution. Requires any such terminated bank to become a wholesale financial institution in order to accept any deposits. Subtitle C: Financial Activities - Amends the BHCA of 1956 to exempt from its proscription against interests in nonbanking organizations any activity that the Board determines to be financial in nature or incidental to financial activities. (Sec. 121) Repeals the mandate that the Board consider, when determining whether a particular activity is a proper incident to banking, if its performance by a bank holding company affiliate is such that the public interest benefit outweighs any possible adverse effects (such as undue concentration of resources, decreased or unfair competition, conflicts of interests, or unsound banking practices). Permits Board regulations to differentiate between activities commenced by affiliates of different classes of banks. (Sec. 122) Sets forth criteria for statutory approval, without prior notice to the Board, of proposals by well capitalized and well managed FSHCs to engage in specified transactions and acquisitions. Sets forth expedited procedures for FSHCs to acquire companies engaged in new activities. (Sec. 123) Revises FSHC examination and reporting requirements. (Sec. 124) Sets forth a statutory scheme for reduced supervision of FSHCs controlling principally nondepository institutions. (Sec. 125) Sets forth a procedure for the conversion of unitary savings and loan holding companies to FSHC status without prior Board approval. (Sec. 126) Establishes the Financial Services Advisory Committee to confer with regulators regarding the impact of this Act upon the financial services industry and to report semi-annually to certain congressional committees concerning its activities and recommendations. (Sec. 128) Renames the BHCA of 1956 as the Financial Services Holding Company Act of 1995. (Sec. 130) States that corporate credit cards are not commercial loans (thus permitting credit card banks to issue corporate credit cards, a practice currently proscribed). (Sec. 131) Authorizes the Board to extend from five years to up to ten years the period during which a bank holding company may retain shares acquired in a loan foreclosure, if: (1) the bank holding company has made a good faith attempt to dispose of such shares during the initial five-year period; or (2) disposal of such shares during the initial five-year period would have been detrimental to the company. Subtitle D: Interagency Banking and Financial Services Advisory Committee - Establishes the Interagency Banking and Financial Services Advisory Committee to improve the supervision, efficiency, and competitiveness of the financial services industry and make related recommendations to Federal agencies and the Congress. Subtitle E: Application and Registration Fees - Amends the BHCA of 1956 to authorize the Board to impose administrative fees upon FSHCs. Title II: Functional Regulation - Subtitle A: Brokers and Dealers - Amends the Securities Exchange Act of 1934 to define specified banks as "brokers" and "dealers" (current law excludes banks from such definition). (Sec. 203) Authorizes the SEC to exempt any person from the definition of "broker" or "dealer" if it finds such exemption is consistent with the purposes of this Act. (Sec. 204) Exempts loans made by a member bank to a broker or dealer from Board-prescribed margin requirements if the loan proceeds are to be used in the ordinary course of business (other than for the purpose of funding securities purchases for the account of such broker or dealer). Permits a broker-dealer to borrow from any person that agrees to comply with Federal Reserve Act strictures governing the use of credit to finance securities transactions. Subtitle B: Bank Investment Company Activities - Amends the Investment Company Act of 1940 to permit: (1) custody of investment company assets by an affiliated bank; and (2) a unit investment trust to designate an affiliated bank as trustee (currently a prohibited practice). (Sec. 211) Permits the SEC to bring a civil action against a custodian for a registered investment company for breach of fiduciary duty involving personal misconduct. (Sec. 212) Prohibits an investment company from knowingly acquiring a security during an underwriting or selling syndicate if the registration statement, or any other offering document pursuant to which the security is offered, states that any material part of the proceeds will be used to discharge indebtedness owed to the adviser of such registered investment company or any person controlling, controlled by, or under common control with the adviser. (Sec. 213) States that an affiliate of an investment company for a bank must comply with SEC rules when lending money to an investment company. (Sec. 214) Modifies the definition of "interested person" to identify transactions, services, and loans taking place during the preceding six months which would make a person an affiliated person of a broker or dealer. Prohibits a registered investment company from having a majority of its board of directors consisting of personnel or senior officers of the subsidiaries of any one bank, or of any single FSHC (and its affiliates and subsidiaries). (Sec. 215) Modifies the guidelines pertaining to unlawful misrepresentation of guarantees and the deceptive use of names. (Sec. 216) Modifies the definition of "broker" to state that it does not include any person solely by reason of the fact that such person is an underwriter for one or more investment companies. (Sec. 217) Modifies the definition of "dealer" to exclude an insurance or an investment company. (Sec. 218) Amends the Investment Advisers Act of 1940 to modify the definitions of investment adviser to remove the exclusion from such definition of an investment adviser for banks that advise investment companies. Revises the definitions of broker and dealer. (Sec. 221) Mandates interagency consultation between the appropriate Federal banking agency and the SEC regarding examination results and other information pertaining to the investment advisory activities of any registered FSHC and its separately identifiable departments or divisions. (Sec. 222) Amends the Securities Act of 1933 and the Securities Exchange Act of 1934 to revise the exclusion from their purview of certain bank common trust funds to specify the exclusion of any interest or participation in any common trust fund or similar fund that is excluded from the definition of "investment company" under the Investment Company Act of 1940. Amends the Investment Company Act of 1940 to revise such exclusion guidelines for certain bank common trust funds. (Sec. 223) Amends the Investment Company Act of 1940 to prescribe circumstances under which an investment adviser holding shares of an investment company in a fiduciary capacity must transfer the power to vote such shares to the beneficial owners or to another fiduciary who is not an affiliate of such adviser. Title III: Bank Insurance Activities - Amends the Revised Statutes (National Bank Act) to declare that nothing in specified Federal banking regulatory law may be construed as limiting State authority to regulate the insurance activities of national banks. Prohibits the States from imposing discriminatory insurance regulatory and licensing requirements upon national banks, unless there is a legitimate and reasonable State regulatory purpose for a requirement for which there is no less restrictive alternative. (Sec. 302) Authorizes the Comptroller of the Currency to approve the application of a national bank with a main office or full-service bank in an empowerment zone to act as agent or broker from such office or branch for an insurance company if: (1) the bank provides sufficient evidence that competitively priced insurance in its empowerment zone is inadequate; and (2) the insurance is sold only in such empowerment zone. Authorizes the Comptroller to: (1) prescribe regulations governing sales of insurance by national banks; and (2) enforce State law with respect to a national bank. Title IV: Reductions in Government Overregulation - Subtitle A: The Home Mortgage Process - Amends the Real Estate Settlement Procedures Act (RESPA) to: (1) transfer certain rulemaking authority over disclosure requirements from the Secretary of Housing and Urban Development (HUD) to the Board of Governors of the Federal Reserve System (the Board); and (2) declare that the purpose of the Act is to eliminate kickbacks or referrals without directly regulating settlement services prices or wages to bona fide employees that are not designed as a subterfuge to facilitate kickbacks among affiliated companies. (Sec. 401) Precludes the Secretary of HUD from publishing a proposed or final regulation unless the Secretary has used a certain negotiated rulemaking procedure to attempt to negotiate and develop the rule. Distributes administrative enforcement authority regarding kickbacks and referrals among HUD, the Federal banking agencies, the National Credit Union Administration, the Board, and the Director of the Office of Thrift Supervision. Mandates that such agencies cooperate with one another in developing enforcement guidelines. Declares a statutory preference for administrative enforcement over criminal enforcement, except in appropriate cases. Restricts criminal sanctions to willful violations of law (current law penalizes unwillful and unintentional violations as well). Redesignates "a controlled business arrangement" as "an affiliated business arrangement". Repeals mandates for projects demonstrating: (1) a land parcel recordation system; and (2) preparation of statements of settlement costs for insertion into special information booklets. (Sec. 402) Sets a deadline by which the Board must take action under RESPA and the Truth in Lending Act (TILA) to simplify and provide a single format for credit transaction disclosures. (Sec. 403) Exempts from TILA disclosure requirements any transactions that the Board determines: (1) are not necessary to effectuate the Act's purposes; or (2) do not provide a measurable benefit in the form of useful information or consumer protection. (Sec. 404) Amends RESPA to repeal requirements that for certain federally related mortgage loans the lender disclose: (1) that it has previously assigned, sold, or transferred the servicing of such loans, or, during the most recent three-year period, a specified percentage of them; and (2), in the case of a lender who does not service federally related loans, a present intent to assign, sell or transfer them. Repeals the mandate for model disclosure statements. Excises from the definition of "federally related mortgage loan" any loan secured by a subordinate lien on residential real property (thereby removing second mortgages from RESPA requirements). Directs the Board to ensure that regulations pertaining to the business credit exemption from RESPA jurisdiction include all business credit exempted from TILA. (Sec. 405) Amends TILA to revise disclosure requirements to permit alternative disclosures for adjustable rate home mortgages which state that a monthly payment may increase or decrease significantly due to annual percentage rate increases. (Current law requires illustrations how a rate increase or decrease affects monthly payments). Grants creditors the option of disclosing, in any variable interest rate residential mortgage transaction secured by the consumer's principal dwelling with greater than a one-year term, either a statement that the monthly payment may change substantially, or an historical example illustrating the effects of interest rate changes implemented according to the loan program. Mandates additional disclosures pertaining to note rates and points for residential mortgage transactions, and a statement that the terms are subject to change. (Sec. 406) Treats as a finance charge certain voluntary noninsurance debt cancellation and deficiency waiver contracts with respect to a debtor's liability for amounts in excess of the value of the collateral securing the debtor's obligation, unless the debtor furnishes the creditor with a certain statement about such a contract. (Sec. 407) Revises certain TILA provisions for recovery of fees. (Sec. 408) Amends the Housing and Urban Development Act of 1968 to repeal the mandate for homeownership debt counseling availability notification. (Sec. 409) Amends the Home Mortgage Disclosure Act of 1975 to increase the maximum asset-size of institutions exempt from its purview from $10 million to $50 million. Authorizes the Board to exempt from the Act's disclosure requirements institutions whose asset-size is over $50 million if the burden of compliance outweighs the usefulness of the requisite information, unless it is reasonable to believe that the institution is not fulfilling its obligations to serve the housing needs of the communities and neighborhoods in which it is located. Declares that a depository institution shall be deemed to have satisfied the public availability notification requirements for its mortgage loan transactions if its branch offices provide notice of the availability upon request of the information from the home office. Subtitle B: Community Reinvestment Act Amendments - Amends the Community Reinvestment Act of 1977 (CRA) to revise the expression of congressional intent to prohibit a supervisory agency from imposing additional burden, recordkeeping, or reporting when examining financial institutions. (Sec. 422) Requires the appropriate Federal financial supervisory agency, in assessing and taking into account the records of a regulated financial institution for purposes of CRA compliance, to consider as a positive factor the institution's investments and loans to: (1) any minority or women's depository institution or low-income credit union; (2) any joint ventures, entities, or projects providing benefits to distressed communities (regardless of whether or not the recipient institutions or communities are located within the regulated financial institution's chartered service area); and (3) targeted low- and moderate-income communities, including real property loans to such communities. Specifies other related positive factors to be considered. (Sec. 423) Prohibits regulations requiring additional CRA recordkeeping and loan data collection. (Sec. 424) Applies a requirement of metropolitan area distinctions, with respect to the public section of written institution evaluations, only to institutions that maintain domestic branches in two or more States. (Sec. 425) Expresses the sense of the Congress that the appropriate congressional committees should exercise aggressive oversight of the adoption and implementation of any CRA regulation by a Federal supervisory agency after the date of enactment of this Act. Requires such an agency to report to the Congress on the implementation of all CRA regulations. (Sec. 426) Amends the Federal Deposit Insurance Act (FDIA) to direct each Federal banking agency to ensure that its banking examiners consult on examination activities and resolve any inconsistent recommendations given to a depository institution. (Sec. 427) Amends the CRA to prohibit a Federal agency from prescribing any regulation which would: (1) require a financial institution to make any loan or enter into any agreement on the basis of any discriminatory criteria prohibited under Federal law; (2) make any loan to, or enter into any other agreement with, an uncreditworthy person that would jeopardize the institution's safety and soundness; or (3) hinder the institution's full responsibility to provide credit to all community segments. Subtitle C: Consumer Banking Reforms - Amends the Truth in Savings Act (TISA) to: (1) repeal the finding of the Congress that uniformity in the disclosure of terms and conditions on which interest is paid and fees are assessed would strengthen consumer ability to verify deposit accounts and make informed decisions; and (2) replace the current purpose requiring clear, uniform disclosure of interest rates and fees, with one requiring depository institutions to pay interest on the daily full amount of principal in interest-bearing consumer deposit accounts at the agreed-upon rate of interest. (Sec. 441) Repeals TISA disclosure requirements pertaining to interest rates and terms of accounts, including: (1) Board authority to prescribe regulations regarding account schedule information; (2) the mandate for readily understandable account terminology; (3) Board authority to prescribe annual percentage yield disclosures; (4) schedule distribution guidelines; (5) the mandate for clear, conspicuous disclosure of earned interest, yield and charges in periodic statements; (6) civil liability for depository institution non-compliance with disclosure requirements; (7) non-preemption of State law with regard to disclosure requirements; and (9) definitions of annual percentage yield, annual rate of simple interest, and multiple rate account. (Sec. 442) Amends the FDIA to allow depository institutions (including affiliates and subsidiaries) to exchange information without limitation if such information sharing is disclosed and the consumer has opportunity beforehand to direct that the information not be communicated. (Sec. 443) Revises the Electronic Fund Transfer Act (EFTA) to excludes from the definition of accepted card or other means of access any card, device, or computer that a person may use to pay for transactions through use of value stored on, or assigned to, the card, device, or computer itself, except for those transactions where such card, device, or computer is actually used to access an account to effect such transaction. Excludes from the definition of account any such stored or assigned value. (Sec. 444) Amends TILA to permit full creditor restitution payments over an extended period of adjusted finance charges to a person to whom credit was extended, with respect to an inaccurately disclosed annual percentage rate or finance charge, if the enforcing agency determines that such an extended period is necessary to avoid causing the creditor to become undercapitalized. Subtitle D: Equal Credit Opportunity Act Amendments - Equal Credit Opportunity Act Amendments of 1995 - States that the purpose of this Act is to combine the adverse action notification requirements of the Equal Credit Opportunity Act (ECOA) and the Fair Credit Reporting Act (FCRA) with respect to consumer credit applications, and to make the information which must be furnished more understandable. (Sec. 453) Revises ECOA notification requirements regarding adverse actions against credit applicants. Shields from liability for non-compliance persons who show by a preponderance of the evidence that they maintained reasonable procedures to ensure compliance at the time of the alleged violation. (Sec. 454) Revises specified FCRA disclosure requirements for users of consumer reports to eliminate such requirements for credit denials and adverse actions based on reports of persons other than consumer reporting agencies. (Sec. 455) Amends ECOA and the Fair Housing Act (the Acts) to add incentives for creditor self-testing and voluntary corrective action by prohibiting review, examination, or acquisition by an applicant in any legal proceeding of a creditor or other person's self-procured test or review of its lending activities, including residential real estate lending, if the self-test has identified discriminatory practices and the creditor or other person has taken or is taking appropriate corrective action to address the discrimination. Specifies circumstances in which an applicant or Government department or agency may obtain and use the results of a self-test in a proceeding or civil action. (Sec. 456) Requires the Attorney General to consult with the appropriate agency before bringing a civil action in connection with creditor self-testing under the Acts. Subtitle E: Consumer Leasing Act Amendments - Consumer Leasing Act Amendments of 1995 - Amends the Consumer Credit Protection Act (CCPA) to direct the Board to: (1) write regulations or staff commentary to update and clarify requirements and definitions for lease disclosures, contracts, and other issues related to consumer leasing which would carry out the purposes of the Consumer Leasing Act; and (2) publish model disclosure forms and clauses to facilitate compliance with such disclosure requirements and aid the consumer in understanding the transaction. (Sec. 464) Revises CCPA provisions relating to consumer lease advertising, repealing special requirements for radio advertisements. (Sec. 465) Limits creditor liability for statutory penalties for failure to provide specified consumer lease disclosures. Title V: Streamlining Government Regulations - Subtitle A: Regulatory Approval Issues - Amends the Bank Holding Company Act (BHCA) to identify criteria for a well-capitalized and well-managed banking organization under which an acquisition of shares in another banking organization by an FSHC, or a merger or consolidation between registered FSHCs, shall be deemed to be approved. (Current law requires prior Board approval). (Sec. 502) Amends the FDIA and the National Bank Consolidation and Merger Act to cite conditions under which prior approval is not required for any merger, consolidation, asset acquisition, or liabilities assumption involving only insured depository institution subsidiaries of the same depository institution holding company. (Sec. 503) Permits any insured depository institution to participate in optional conversion transactions between members of the Bank Insurance Fund and the Savings Association Insurance Fund (Oakar transactions) without the prior written approval of the responsible agency. Repeals guidelines for agency approval of such transactions (but retains the proscription against transactions which result in the transfer of any insured depository institution's Federal deposit insurance from one Federal deposit insurance fund to the other). (Sec. 504) Amends the Home Owners' Loan Act (HOLA) to remove from its regulatory purview an FSHC subject to the Financial Services Holding Company Act of 1995, and exclude it from the definition of "savings and loan holding company." Amends the BHCA of 1956 to mandate cooperation between the Board and the Director of the Office of Thrift Supervision regarding supervision and enforcement over bank holding companies that control savings associations. Amends HOLA to provide that any savings association which meets specified Internal Revenue Code requirements shall be deemed to be a qualified thrift lender. (Sec. 505) Amends the BHCA of 1956 to repeal the provision that shares transferred by a bank holding company to a transferee under its control are deemed to be under such holding company's control unless the Board determines otherwise and approves the divestiture. (Sec. 506) Amends the Revised Statutes, the Federal Reserve Act (FRA), and the FDIA to delineate conditions under which prior approval is not required for well-capitalized and well-managed banks to establish and operate a branch or seasonal agency. (Sec. 507) Amends the Revised Statutes and the FDIA to exclude from the definition of "branch" an automated teller machine or remote service unit (thus exempting those entities from approval requirements of such Acts). (Sec. 508) Amends the FRA to exempt well-capitalized and well-managed banks from the approval requirement for investments in bank premises. (Sec. 509) Amends the FDIA to authorize the appropriate Federal banking agency to waive, on a case-by-case basis, prior notice requirements pertaining to new officer or director appointments of certain undercapitalized or troubled institutions. (Sec. 510) Amends the Federal Credit Union Act to increase from $10,000 to $50,000 the aggregate amount of loans that may be made to Credit Union officials without approval of the board of directors. Subtitle B: Streamlining of Government Regulations; Miscellaneous Provisions - Amends the Revised Statutes to repeal the aggregate minimum per-branch capital requirements imposed upon a national banking association and its branches. (Sec. 522) Amends the FDIA to exclude automated teller machines and bank branches in specified merger or relocation situations from the definition of "bank branch" (thus exempting them from Federal bank closure notification requirements). Makes such exemption retroactive to the enactment of the Federal Deposit Insurance Corporation Improvement Act of 1991. (Sec. 523) Amends the Depository Institutions Management Interlocks Act to exempt management officials of depository institutions or holding companies with small (under 20 percent) market shares from prohibitions against dual service with unaffiliated institutions or companies in the same geographic banking market. Raises from $1 billion to $2.5 billion the asset-size ceiling beneath which a depository institution or depository holding company may retain directors and management officials performing dual service for nonaffiliated institutions whose total assets do not exceed $1.5 billion (currently $500 million). Authorizes Federal regulatory agencies to adjust such ceiling annually for cost-of-living increases. Extends a specified grandfather exemption which allows certain management officials to continue dual service despite interlocks prohibitions (thus permitting them to continue their dual service permanently). (Sec. 524) Directs the Appraisal Subcommittee of the Financial Institutions Examination Council to accelerate repayment of specified funds to the Treasury. (Sec. 525) Amends the FRA to permit loans to executive officers, directors, or principal shareholders (insider lending) made pursuant to a benefit or compensation program widely available to employees of the member bank. Expands the Board's authority to exempt specified executive officers and directors from the proscription against preferential lending terms. Repeals the requirement that: (1) an executive officer indebted to a bank over a certain lawful amount submit a written report of such debt to the board of directors; and (2) a member bank include in its condition of report all loans to executive officers made since its previous report. Amends the FDIA to repeal Federal banking agency authority to require banks to disclose loans made to their executive officers or principal shareholders. Amends the Bank Holding Company Act Amendments of 1970 to repeal the requirement that bank executive officers and stockholders who own more than a ten percent controlling interest report to the bank's board of directors those loans made to them by a bank maintaining a correspondent account. Amends the FRA to permit a member bank to make available to its executive officers: (1) home equity lines of credit of up to $100,000; and (2) loans secured by readily marketable assets. (Sec. 526) Amends the FDIA to allow the appropriate Federal banking agency to increase from $175 million to $250 million the asset-size ceiling on certain small depository institutions whose mandatory periodic on-site examinations make take place every 18 months instead of annually. Requires the Federal banking agencies to report semiannually to the Congress regarding implementation of a coordinated Federal bank examination system until it is in place and provides full coordination of examinations of State depository institutions with State bank supervisors. (Sec. 527) Amends the Right to Financial Privacy Act to require a Government authority to reimburse a financial institution for assembling or providing the financial records of corporate customers. (Sec. 528) Amends specified Federal monetary law to repeal the requirement that depository institutions identify domestic nonbank financial institution customers. (Sec. 529) Requires each appropriate Federal banking agency and the National Credit Union Administration to conduct a paperwork reduction review, and eliminate any requirements for unnecessary internal written policies. (Sec. 530) Instructs the Secretary of the Treasury to revise the daily confirmation requirement under the Securities Exchange Act of 1934 concerning hold-in custody repurchase agreements to permit the counterparty to the agreement to waive such confirmation upon receipt of certain disclosures. (Sec. 531) Requires the Financial Institutions Examination Council and each Federal banking agency represented on it to review and identify unnecessary regulations every ten years and report thereon to the Congress. (Sec. 532) Amends the International Lending Supervision Act to change from mandatory to discretionary the duty of each appropriate Federal banking agency to: (1) require a banking institution to maintain a special reserve whenever the quality of its assets has been impaired by protracted inability of debtors in a foreign country to make payments; (2) analyze the results of foreign loan rescheduling negotiations and attendant loan risks; and (3) ensure that bank capital and reserve positions are adequate to accommodate potential losses on foreign loans. (Sec. 533) Amends FDIA financial management accountability guidelines to: (1) repeal certain internal control evaluation and reporting attestation requirements for independent public accountants; (2) permit Federal agencies to designate certain required reports of financial condition as privileged and confidential and not available to the public; and (3) exempt well-capitalized and well-managed insured depository institutions from mandatory financial management status reports (although not from the requirement of independent financial audits). (Sec. 534) Amends the FDIA to exclude outside directors from the primary definition of an "institution-affiliated party" but include them in such definition as independent contractors if they have knowingly or recklessly participated in certain prohibited activities. (Sec. 535) Amends the International Banking Act of 1978 to: (1) prescribe guidelines under which the Board may approve a foreign bank application to establish a U.S. presence even though it is not subject to comprehensive supervision on a consolidated basis in its home country; and (2) authorize termination of a foreign bank office if the appropriate authorities in its home country are not making progress in establishing arrangements for such supervision. (Sec. 536) Directs the Board to avoid unnecessary duplication of foreign bank examinations. Subjects foreign banks to the same on-site examination schedule and examination fee collections as apply to domestic banks. (Sec. 537) Amends the TILA to redefine "mortgage" as a consumer credit transaction secured by a subordinate mortgage on the consumer's principal dwelling. Repeals the exclusion of a residential mortgage transaction from such definition (thus permitting its inclusion). Dismisses all TILA administrative enforcement proceedings regarding high-cost, non-subordinate residential mortgage transactions pending upon the date of enactment of this Act. (Sec. 538) Revises FDIA guidelines to approve new activities of a State bank and its subsidiaries if the FDIC has not disapproved the bank's prior 60-day written notice of intent to engage in such activities. (Sec. 539) Amends the Revised Statutes to repeal the requirement that three bank directors, in addition to the officer making the declaration, attest in writing the correctness of reports of condition. (Sec. 540) Renames the Bank Service Corporation Act as the Bank Service Company Act. Defines a bank service company as: (1) any corporation organized to perform the services authorized by this Act whose capital stock is owned by one or more insured banks; and (2) any limited liability company organized to perform the services authorized by this Act whose members are one or more insured banks. Makes technical and conforming amendments. (Sec. 541) Amends the FRA to increase from ten percent to 25 percent the amount of capital and surplus that a national bank may invest in the stock of Edge Act subsidiaries and certain financial service corporations held by a member bank's non-U.S. branches. (Sec. 542) Requires each appropriate Federal banking agency to report to certain congressional committees on its actions to reconcile Regulatory Accounting Principles and Generally Accepted Accounting Principles, thereby eliminating inconsistent or duplicative accounting and reporting requirements applicable to mandatory reports filed by insured depository institutions. (Sec. 543) Permits the Comptroller of the Currency to waive the residency requirement for national bank directors. Title VI: Lender Liability - Expresses the sense of the Congress that: (1) a person who holds indicia of ownership primarily to protect a security interest in a vessel or facility should not be considered to have participated in management for purposes of the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 unless such person exercises specified decisionmaking and managerial control; (2) the term "participation in management" as defined in such Act should not include specified acts or activities; (3) the term "security interest" as defined in such Act should include specified rights accruing to a person to secure an obligation; and (4) the Congress should address the potential Superfund and Resource Conservation and Recovery Act liability of fiduciaries and lenders. Title VII: Annual Study and Report on Impact on Lending to Small Business - Directs the following agencies to submit a joint annual report to the Congress on the extent to which the regulatory reductions under this Act have resulted in increased lending to small businesses: (1) the Federal Reserve Board; (2) the Director of the Office of Thrift Supervision; (3) the Comptroller of the Currency; and (4) the FDIC Board of Directors.
United States · United States Congress · 19 October 1995
Animal Drug Availability Act of 1995 - Amends Federal Food, Drug, and Cosmetic Act provisions relating to new animal drugs to redefine "substantial evidence" to mean evidence from one or more scientifically sound studies including, as appropriate, in vitro studies, studies in laboratory animals, bioequivalence studies, and any studies voluntarily undertaken by or for the applicant that provide some assurance that the drug will have the intended effect. Excludes a claim for the use of a drug in a minor species or a minor use of a drug from disapproval, if there is an application filed for the drug which is approved prior to the submission of the claim. Allows consideration, when a new animal drug contains more than one active ingredient or its labeling suggests use of the drug in combination with another animal drug, only of whether any of the active ingredients or any of the drugs in the combination, at the longest withdrawal time of any of the active ingredients or drugs in the combination, exceeds its established tolerance or interferes with the methods of analysis for another of the active ingredients or drugs in the combination. Requires the Secretary to issue proposed regulations implementing the provisions of this section which: (1) further define "substantial evidence;" (2) take into account the proposals contained in the citizen petition submitted by the American Veterinary Association and the Animal Health Institute; and (3) provide for the opportunity for a conference to make a decision establishing a submission or an investigational requirement. (Sec. 4) Requires the Secretary to approve or disapprove the application within 90 (currently 180) days of receipt of the application. (Sec. 5) Requires: (1) the Secretary to refer disputed issues received in writing from an applicant to an advisory committee or to a special Government employee; and (2) the committee or employee to submit a report containing recommendations regarding the matter. (Sec. 6) Requires the Secretary to refuse approval of an application if information submitted with respect to the drug indicates that any use suggested in labeling proposed for that drug will result in a unsafe amount of residue. (Sec. 7) Permits the export of an unsafe (as defined in the Act) new animal drug, if it is not in conflict with the laws of the country to which it is exported. (Currently, such export is prohibited.)
United States · United States Congress · 18 October 1995
Thrift Charter Conversion Tax Act of 1995 - Amends the Internal Revenue Code to repeal Federal law concerning treatment of reserves for bad debts of savings associations which are required to convert into banks. Directs that in the case of any taxpayer who is required to change its method of computing reserves for bad debts: (1) such change shall be treated as a change in a method of accounting; (2) such change shall be treated as initiated by the taxpayer and as having been made with the consent of the Secretary of the Treasury; and (3) the net amount of adjustments required to be taken into account by the taxpayer shall be taken ratably over a six-taxable year period beginning after December 31, 1995. Prohibits the inclusion of a portion of a reserve in the gross income of a large bank beginning after December 31, 1995. Provides for the suspension of recapture if the taxpayer meets the residential loan requirement. Defines "residential loan requirement." Prescribes that in the case of any taxpayer which is a member of any controlled group of corporations the residential requirement shall be applied with respect to such group. Permits continued application of rules similar to the rules concerning inclusion for purposes of applying transitional rules with respect to the amount of such taxpayer's reserve for bad debts as of the close of the last taxable year before the disqualification year in cases where the taxpayer is not a large bank beginning after December 31, 1995. Prohibits the inclusion of a portion of reserve in gross income under the elective cut-off method. Requires that the amount of the reserve taken into account under Federal law which is a distribution to shareholders shall be the only amount of such reserve for bad debts which is not includible in gross income. Includes in the amount allowed as a deduction the amount paid during 1996 as a special assessment under provisions of the Federal Deposit Insurance Act, as amended by the Federal Thrift Charter Conversion Act of 1995, H.R. 2491 as introduced.
United States · United States Congress · 18 October 1995
Livestock Concentration Report Act of 1995 - Directs the President to appoint a Commission on Concentration in the Livestock Industry to review and report on specified meat packing industry matters, including certain studies, effects of antitrust laws, and prices.
United States · United States Congress · 27 September 1995
TABLE OF CONTENTS: Title I: General Provisions Title II: Public Housing Subtitle A: Block Grants Subtitle B: Admissions and Occupancy Requirements Subtitle C: Management Subtitle D: Homeownership Subtitle E: Disposition and Demolition of Developments Subtitle F: General Provisions Title III: Choice-Based Rental Housing and Homeownership Assistance for Low-Income Families Subtitle A: Grants and Allocation Subtitle B: Choice-Based Housing Assistance for Eligible Families Subtitle C: Payment of Housing Assistance on Behalf of Assisted Families Subtitle D: General and Miscellaneous Provisions Subtitle E: Provisions Relating to Discontinued HUD-Administered Programs for Project-Based Assistance Title IV: Accreditation and Oversight of Local Housing and Management Authorities Subtitle A: Housing Foundation and Accreditation Board Subtitle B: Accreditation and Oversight Standards and Procedures Title V: Repeals and Conforming Amendments United States Housing Act of 1995 - Title I: General Provisions - Provides for the organization of local housing and management authorities (LHMA) to manage and operate public and assisted housing. Limits housing admission of drug or alcohol abusers. Establishes community work and family self-sufficiency requirements. (Sec. 107) Requires LHMAs to submit annual community improvement plans to the Secretary of Housing and Urban Development. (Sec. 109) Authorizes the Secretary to reserve specified annual appropriations for specified uses. Title II: Public Housing - Subtitle A: Block Grants - Directs the Secretary to provide eligible LHMAs with block grant funding. (Sec. 204) Sets forth: (1) allocation provisions; and (2) sanctions for improper fund use. Subtitle B: Admissions and Occupancy Requirements - Establishes low-income housing requirements for production, operating, and capital improvements (including mixed-income developments) assistance. (Sec. 222) Authorizes LHMAs to: (1) permit income-mixed occupancy; (2) waive occupancy requirements for law enforcement personnel; (3) establish occupancy preferences; and (4) designate housing for elderly and disabled families. (Sec. 225) Sets forth rental and lease provisions. Subtitle C: Management - Sets forth LHMA management provisions regarding: (1) management by other entities, including resident-requested independent managers; (2) resident grievance procedures; (3) housing quality standards; (4) resident employment; and (5) resident councils and management corporations. Subtitle D: Homeownership - Authorizes LHMAs to carry out a low-income family home ownership program. Subtitle E: Disposition and Demolition of Developments - Authorizes LHMAs to demolish or dispose of nonviable public housing projects. Subtitle F: General Provisions - Authorizes appropriations for: (1) public housing block grants; and (2) operation safe home relocations. Title III: Choice-Based Rental Housing and Homeownership Assistance for Low-Income Families - Subtitle A: Grants and Allocation - Authorizes the Secretary to provide States with housing assistance grants. Authorizes appropriations. Authorizes the conversion of unused section 8 assistance (United States Housing Act of 1937) to housing assistance under this title. Subtitle B: Choice-Based Housing Assistance for Eligible Families - Provides housing assistance under this title only to: (1) low-income families; or (2) families that qualify to receive such assistance under other Federal law. Authorizes LHMAs to establish assistance preferences. (Sec. 322) Authorizes LHMAs to set tenant contribution amounts of at least $50 per month, with special provisions for elderly or disabled families. (Sec. 324) Sets forth provisions regarding: (1) lease terms; (2) tenancy termination; and (3) ownership and dwelling unit eligibility. (Sec. 329) Authorizes LHMAs to provide a home ownership option. Subtitle C: Payment of Housing Assistance on Behalf of Assisted Families - Authorizes LHMAs to enter into housing assistance payments contracts with dwelling unit owners. Sets forth contract provisions. (Sec. 356) Prohibits contract portability. Subtitle D: General and Miscellaneous Provisions - Defines specified terms for purposes of this title. (Sec. 372) Authorizes rental assistance fraud recoveries. Subtitle E: Provisions Relating to Discontinued HUD-Administered Programs for Project-Based Assistance - Prohibits discrimination in subsidized projects. Title IV: Accreditation and Oversight of Local Housing and Management Authorities - Subtitle A: Housing Foundation and Accreditation Board - Establishes the Housing Foundation and Accreditation Board which shall: (1) evaluate deep subsidy housing programs; (2) establish LHMA performance standards; (3) establish financial and audit performance audit standards; (4) establish LHMA accreditation guidelines; (5) provide information and technical assistance; and (6) establish a system for identifying LHMA dysfunctions and related efficiency management systems. Subtitle B: Accreditation and Oversight Standards and Procedures - Directs the Board to establish LHMA performance benchmarks and accreditation procedures. (Sec. 433) Directs the Secretary to annually classify LHMAs by performance category, and enter into performance agreements with troubled agencies. (Sec. 436) Authorizes block grant contracts (under title II) to provide for conveyance of title or possession to the Secretary in cases of substantial default. (Sec. 437) Authorizes the Secretary to remove an ineffective LHMA under specified circumstances. (Sec. 438) Directs the Secretary to either take over or contract out the management of a chronically troubled LHMA. (Sec. 439) Provides that in the case of a troubled public housing authority (PHA) a State or local government comprehensive housing affordability strategy shall not be in Federal compliance unless it includes provisions to improve such PHA. (Sec. 442) Makes the provisions of this subtitle applicable to resident management corporations, and certain provisions of this subtitle inapplicable to Indian housing. Title V: Repeals and Conforming Amendments - Repeals the United States Housing Act of 1937. Repeals specified program provisions under: (1) the Housing and Community Development Act of 1974; (2) the Cranston-Gonzalez National Affordable Housing Act; (3) the Department of Housing and Urban Development Reform Act of 1989; (4) the Housing and Community Development Act of 1992; (5) the HUD Demonstration Act of 1993; (6) the Housing Act of 1954; (7) the Housing and Community Development Amendments of 1981; (8) the Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1991; (9) the Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Act, 1992; (10) the Housing and Urban-Rural Recovery Act of 1983; (11) the Housing and Community Development Act of 1987; and (12) the Public and Assisted Housing Drug Elimination Act of 1990. (Sec. 502) Amends the Housing Act of 1959 with regard to elderly housing assistance.
United States · United States Congress · 27 September 1995
Truth in Lending Act Amendments of 1995 - Amends the Truth in Lending Act (TILA) to exclude from the determination of finance charge for any consumer credit transaction fees imposed by third party closing agents, including settlement agents, attorneys, escrow and title companies, that are neither required nor retained by the creditor (thereby exempting such fees from TILA disclosure requirements). Modifies the determination of finance charge to include borrower-paid mortgage broker fees. Exempts from the required computation of finance charge: (1) certain taxes on security instruments or evidences of indebtedness if they are a prerequisite for recordation; (2) fees for loan document preparation; and (3) appraisal fees related to pest infestations and flood hazard inspections. Instructs the Board of Governors of the Federal Reserve System to report to the Congress on statutory or regulatory changes necessary to: (1) ensure that finance charges more accurately reflect the cost of credit; and (2) address abusive refinancing practices intended to avoid rescission. (Sec.3) Permits finance charge disclosures to vary within specified accuracy tolerance limits for certain consumer credit transactions secured by real property or a dwelling. Sets disclosure accuracy guidelines for per diem interest rate disclosures on consumer credit transactions. (Sec. 4) Shields a creditor or assignee, except in certain kinds of actions, from liability in connection with disclosures of: (1) certain fees, taxes, and charges; and (2) finance charges that fall within certain statutory tolerance limits. (Sec. 5) Restricts rescission liability arising from the form of written notice used by the creditor. (Sec. 6) Provides for damages ranging from $200 to $2,000 for an individual consumer credit transaction not under an open end credit plan that is secured by real property or a dwelling. (Sec. 7) Modifies assignee liability guidelines to: (1) apply them to consumer credit transactions secured by real property; and (2) provide that a violation is apparent on the face of the disclosure statement if the disclosure does not use the format required by law. States that the servicer of a consumer obligation arising from a consumer credit transaction shall not be treated as an assignee of an obligation unless the servicer owns it. (Sec. 8) Identifies circumstances under which a consumer has a right to rescind a consumer credit transaction after the initiation of any judicial or nonjudicial foreclosure process on the consumer's primary dwelling securing the debt.
United States · United States Congress · 20 September 1995
Urges the Government of Iran to extend to the Baha'i community the rights guaranteed by the Universal Declaration of Human Rights and the international covenants on human rights. Calls upon the President to continue to: (1) assert the U.S. Government's concern regarding Iran's violations of the rights of its citizens, including members of the Baha'i community, along with expressions of concern regarding the Iranian Government's support for international terrorism and its efforts to acquire weapons of mass destruction; (2) emphasize that the United States regards the human rights practices of the Iranian Government, particularly its treatment of the Baha'i community and other religious minorities, as a significant factor in the development of U.S.-Iranian relations; (3) urge the Iranian Government to emancipate the Baha'i community by granting those rights guaranteed by the Universal Declaration of Human Rights and the international covenants on human rights; and (4) encourage other governments to continue to appeal to the Government of Iran, and to cooperate with other governments and international organizations, in efforts to protect the religious rights of the Baha'is and other minorities in Iran.
United States · United States Congress · 19 September 1995
TABLE OF CONTENTS: Title I: Bank Insurance Fund and Savings Association Insurance Fund Title II: Status of Banks and Savings Associations Title III: Transfer of Functions, Personnel, and Property Title IV: Loan Loss Reserve Treatment Thrift Charter Conversion Act of 1995 - Title I: Bank Insurance Fund and Savings Association Insurance Fund - Amends the Federal Deposit Insurance Act (FDIA) to prescribe guidelines for the imposition of a single additional special assessment on each member of the Savings Association Insurance Fund (SAIF) and the Bank Insurance Fund (BIF), for deposit into the SAIF. (Sec. 102) Amends the Federal Home Loan Bank Act to make conforming amendments to the assessment authority of the Financing Corporation (FICO), extending FICO assessments to all depository institutions insured by the Federal Deposit Insurance Corporation (FDIC). Amends the FDIA to declare that assessment rates for SAIF members may not be less than assessment rates for BIF members. Amends the FDIA to: (1) repeal its exit moratorium and conversion (Oakar) provisions; (2) replace the BIF with a deposit insurance fund initially consisting of the merged assets and liabilities of the BIF and SAIF; (3) direct the FDIC to merge the BIF and SAIF into the deposit insurance fund by January 1, 1998; and (4) establish in the new deposit insurance fund a special emergency reserve. (Sec. 104) Prescribes procedural guidelines with respect to the refund of amounts in a deposit insurance fund in excess of the designated reserve amount. (Sec. 105) Prohibits the FDIC Board of Directors from setting semi-annual assessments in excess of the amount needed to maintain or achieve the designated reserve ratio of a deposit insurance fund. Title II: Status of Banks and Savings Associations - Prescribes procedural guidelines for the termination of Federal savings association charters and their conversion into national bank charters or State depository institution charters. Prohibits the Director of the Office of Thrift Supervision from granting any charter for a Federal savings association. Amends the FDIA to treat State Savings Associations as banks for purposes of Federal banking law. (Sec. 202) Amends the Bank Holding Company Act of 1956 to permit continuation of grandfathered bank holding company activities and affiliations. (Sec. 203) Sets forth transition provisions for: (1) activities of savings associations and mutual savings associations which have converted into or become treated as banks; and (2) registration of bank holding companies resulting from conversions of savings associations to banks or treatment of savings associations as banks. (Sec. 208) Repeals the Home Owners' Loan Act. Title III: Transfer of Functions, Personnel, and Property - Abolishes the Office of Thrift Supervision and the position of Director of such Office. Transfers its functions, personnel, and property to the Office of the Comptroller of the Currency, the FDIC, or the Board of Governors of the Federal Reserve System. Title IV: Loan Loss Reserve Treatment - Amends the Internal Revenue Code to repeal the special thrift bad debt reserve method.
United States · United States Congress · 19 September 1995
Amends the Internal Revenue Code to extend the termination date of provisions requiring a refund of gasoline, diesel, and aviation fuel taxes when that fuel is used to produce certain alcohol fuels.
United States · United States Congress · 12 September 1995
Federal Thrift Savings Plan Enhancement Act of 1995 - Amends Federal civil service law with respect to the Civil Service and Federal Employees' Retirement Systems and the Thrift Savings Plan (TSP) Program. Provides for: (1) an additional Small Capitalization Stock Index Investment Fund and International Stock Index Investment Fund in the TSP; and (2) repeal of the limitations on individual TSP contributions, including those from judges and other specified personnel of the Federal judicial branch.
United States · United States Congress · 6 September 1995
Lobbying Disclosure Act of 1995 - Requires registration with the Secretary of the Senate and the Clerk of the House of Representatives (appropriate congressional officials) by any individual lobbyist (or the individual's employer if it employs one or more lobbyists) within 45 days after the individual first makes, or is employed or retained to make, a lobbying contact with either the President, the Vice President, a Member of Congress, or any other specified Federal officer or employee, including certain high-ranking members of the uniformed services. Defines a lobbyist as any individual employed or retained by a client for financial or other compensation for services that include more than one lobbying contact (but not an individual whose lobbying activities constitute less than 20 percent of the time engaged in the services provided to that client over a six-month period). (Sec. 4) Provides for: (1) special registration filing rules in cases involving multiple clients and contacts; and (2) registration termination in cases where a registrant is no longer employed or retained by a client to conduct lobbying activities and does not anticipate any additional lobbying activities for such client. Specifies the contents of such registration. Provides for exemptions from registration requirements above in cases involving lobbying income of $5,000 or less (for a particular client) or total expenses of $20,000 or less (in the case of an organization whose employees engage in lobbying activities on the organization's behalf) (adjusted periodically for inflation) for the semiannual period. (Sec. 5) Requires registrants to file semiannual lobbying activity reports with the appropriate congressional officials. Specifies the contents of such reports. (Sec. 6) Specifies various duties of the appropriate congressional officials for carrying out this Act, including reviewing registrations and reports filed under it, and making copies of them available to the public. (Sec. 7) Sets forth penalties for violations involving the requirements of this Act. (Sec. 9) Amends the Foreign Agents Registration Act of 1938 to: (1) replace references to political propaganda with references to informational materials; and (2) add to the exemption from registration requirements under such Act for certain lawyers providing legal representation to disclosed foreign principals to apply it to such representative actions as judicial proceedings and criminal or civil law enforcement inquiries, investigations, or proceedings. Exempts from the requirements of the Foreign Agents Registration Act of 1938 any agent of a foreign government, foreign political party, or other foreign entity not organized for business that registers under this Act. (Sec. 10) Revises (Byrd Amendment) limitations on use of appropriated funds to influence certain Federal contracting and financial transactions, removing obsolete reporting requirements, among other changes. (Sec. 11) Repeals the Federal Regulation of Lobbying Act. Repeals provisions of the Department of Housing and Urban Development Act and the Housing Act of 1949 relating to lobbyist activities. (Sec. 14) Sets forth special rules for the identification of: (1) foreign and other clients on whose behalf lobbying contacts are made with a covered legislative or executive branch official; and (2) such covered officials. (Sec. 15) Permits tax-exempt charitable organizations required to report lobbying expenses by the Internal Revenue Code to report, under this Act, only good faith estimates of such expenses in order to meet specified reporting (including exemption from such reporting) requirements of this Act. (Sec. 16) Amends provisions of Federal law known as the Ramspeck Act to repeal authority extending competitive status to certain legislative and judicial branch employees involuntarily separated without prejudice from their respective branch, entitling them to transfer to the competitive service in the executive branch. (Sec. 17) Requires the Office of Personnel Management (OPM) to promulgate regulations on the manner and extent that experience in a position other than a competitive one may be considered in making appointments to a competitive position. Prohibits the grant, in such regulations, of any preference based on the fact of service in the legislative or judicial branch. Directs OPM to study excepted service considerations for competitive service appointments relating to this Act. (Sec. 18) Makes certain civic leagues or organizations not organized for profit but operated exclusively for the promotion of social welfare, and certain local associations of employees whose net earnings are devoted exclusively to charitable, educational, or recreational purposes, ineligible for Federal funds in any form if they engage in lobbying activities. (Sec. 19) Amends the Foreign Agents Registration Act of 1938 to require the Attorney General to report to Congress semiannually on administrative matters (currently "from time to time") including registration filings. (Sec. 20) Amends the Ethics in Government Act of 1978 to: (1) augment the dollar value categories for required disclosure of income, assets, and liabilities of subject individuals, but limiting disclosure requirements for their spouses and dependent children to income, assets, and liabilities held jointly with the subject individual, and leaving unspecified any such amounts or values exceeding $1 million; and (2) require the financial disclosure reports of subject individuals to include the category of the total cash value of any interest of the reporting individual in a qualified blind trust, except under certain circumstances. (Sec. 21) Amends the Federal criminal code to apply to the Deputy United States Trade Representative (Deputy USTR) the same three-year prohibition against representing, aiding, or advising a foreign entity after leaving Government service as applies to the United States Trade Representative (USTR). Amends the Trade Act of 1974 to prohibit any person who has directly represented, aided, or advised a foreign entity in any trade negotiation, or trade dispute, with the United States from being appointed as USTR or Deputy USTR. (Sec. 23) Expresses the sense of the Senate that lobbying expenses should not be tax deductible.
United States · United States Congress · 6 September 1995
Establishes in Iowa the America's Agricultural Heritage Partnership to promote the story of American agriculture, centered upon the area of Waterloo and northeast Iowa. Authorizes the Secretary of Agriculture to provide grants and technical assistance to the Partnership, and to enter into related cooperative agreements with private and governmental entities. Establishes a Partnership management entity and requires the development of a management plan. Authorizes appropriations.
United States · United States Congress · 6 September 1995
Amends rule XLIII of the Rules of the House of Representatives to prohibit a House Member, officer, or employee from knowingly accepting a gift except as provided in this Act. Allows such individual to accept a gift (other than cash or cash equivalent) which he or she reasonably and in good faith believes to have a value of less than $50 and a cumulative value from one source during a calendar year of less than $100. Provides that no gift with a value below ten dollars shall count towards the $100 annual limit. Considers a gift to a family member to be a gift to such individual if given with his or her knowledge and acquiescence and if there is reason to believe that the gift was given because of such individual's official position. Treats only the food and refreshment that are provided to such individual as a gift if they are also provided at the same time and place to such individual's spouse or dependent. Includes among exempted items: (1) contributions lawfully made under the Federal Election Campaign Act or attendance at a fund raising event sponsored by a political organization; (2) anything provided on the basis of a personal friendship unless such individual has reason to believe that the gift was provided because of his or her official position; (3) otherwise lawful contributions to such individual's legal expense fund; (4) food, refreshments, lodging, and other benefits which result from the outside business or employment activities of such individual or spouse if such benefits have not been offered or enhanced because of such individual's official position, which are customarily provided by a prospective employer in connection with bona fide employment discussions, or which are provided by a political organization in connection with a fund raising or campaign event; (5) training that is the House's interest; (6) a gift of personal hospitality of an individual other than a registered lobbyist or agent of a foreign principal; and (7) certain other opportunities and benefits provided to the public or to Government employees generally. Establishes conditions under which such individual may accept an offer of free attendance at a convention, dinner, or similar event. Prohibits the acceptance of a gift exceeding $250 on the basis of the personal friendship exception unless the Committee on Standards of Official Conduct issues a written determination that such exception applies. Provides that certain reimbursements to such individual for travel expenses to an event in connection with official duties shall not be considered to be gifts if advance authorization is received and the reimbursements and authorization are disclosed within a specified time period. Declares that activities that are substantially recreational in nature shall not be considered to be in connection with official duties. Includes as prohibited gifts to such individual from a registered lobbyist or an agent of a foreign principal: (1) anything provided to an entity that is maintained or controlled by such individual; (2) a charitable contribution made on the basis of such individual's specification, with the exception of a mass mailing or other solicitation directed to a broad category of persons or entities; (3) a contribution or other payment to such individual's legal expense fund; and (4) a financial contribution or expenditure made relating to a conference or similar event sponsored by, or affiliated with, an official congressional organization for, or on behalf of, such individuals. Provides that a charitable contribution made by a registered lobbyist or agent in lieu of an honorarium to such individual shall not be considered a gift under this Act if such individual reports to the Clerk of the House the name and address of the registered lobbyist, the date and amount of the contribution, and the name and address of the designated or recommended charitable organization. Declares that such rules shall be interpreted and enforced solely by the Committee on Standards of Official Conduct.
United States · United States Congress · 4 August 1995
Defense Production Act Amendments of 1995 - Amends the Defense Production Act of 1950 to: (1) extend provisions of titles I, III, and VII of such Act through FY 1998 (with exceptions); and (2) extend through FY 1998 the authorization of appropriations for certain projects and activities contained under title III of such Act.
United States · United States Congress · 4 August 1995
Medical Nutrition Therapy Act of 1995 - Amends title XVIII (Medicare) of the Social Security Act to provide for Medicare coverage of medical nutrition therapy services of registered dieticians and nutrition professionals.
United States · United States Congress · 4 August 1995
Amends the Internal Revenue Code to allow a cooperative organization to elect to apportion pro rata any portion of the small ethanol producer credit among patrons on the basis of the quantity or value of business done with or for the patrons for the taxable year. Provides for the treatment of the organization and the patrons.
United States · United States Congress · 4 August 1995
Expresses the sense of the Congress that: (1) a free press is vital to the development and consolidation of democracy in Russia; (2) freedom of the press and freedom of expression must be safeguarded; (3) to protect such freedoms, the right and opportunity of independent entrepreneurs to establish, operate, and maintain independent media outlets must be protected; (4) Russian Government leaders should fully support such freedoms in Russia; and (5) the President and the Secretary of State are requested to convey to appropriate Russian officials this expression of the views of the Congress.
United States · United States Congress · 3 August 1995
Medicare Bone Mass Measurement Standardization Act of 1995 - Amends title XVIII (Medicare) of the Social Security Act to provide for Medicare coverage of bone mass measurements.
United States · United States Congress · 3 August 1995
Family Business Protection Act of 1995 - Amends the Internal Revenue Code to exclude from the gross estate, for estate tax purposes, specified portions of the adjusted value of the qualified family-owned business interests of the decedent.
United States · United States Congress · 19 July 1995
Clean Congress Act of 1995 - Amends the Federal Election Campaign Act of 1971 to prohibit contributions to candidates for Federal office by persons other than individuals or political party committees. (Sec. 3) Prohibits congressional candidates from accepting contributions from persons other than political party committees or in-State individual residents. (Sec. 4) Eliminates multicandidate political committees as a separate political committee category for contribution limitation purposes. (Sec. 5) Limits personal loans by candidates for Federal office to their campaigns to $5000. (Sec. 6) Extends the ban on franked mass mailings by Members of Congress to 90 days before an election. (Sec. 7) Extends the annual contribution limitation to all persons other than political party committees. (Sec. 8) Establishes a ban on gifts to members, officers, and employees of the House of Representatives. Sets forth exceptions to such prohibition.
United States · United States Congress · 29 June 1995
Commends the Sri Lankan Government for its commitment to democracy and improvements in the area of human rights. Calls on the Liberation Tigers of Tamil Eelam to stop fighting and return to the negotiating table with the Government of Sri Lanka in order to find a lasting settlement between the parties. Declares the belief that a political solution which guarantees appropriate constitutional structures and adequate protection of minority rights is the path to a lasting peace in Sri Lanka. Calls on the parties engaging in terrorism to reject those methods and engage in dialogue. Expresses the willingness of the United States to help resolve the conflict.
United States · United States Congress · 27 June 1995
Calls on France to abide by the international moratorium on nuclear testing, refrain from conducting its announced testing, and prepare to close its underground nuclear testing sites at the Moruroa and Fangataufa atolls.
United States · United States Congress · 20 June 1995
Amends the Clean Air Act to add specified definitions relating to agriculture-related facilities (grain elevators, grain, feed, or rice mills, or grain processing facilities). Defines "potential to emit" as the potential of a facility to emit during a one-year period under maximum realistic operation. Directs the Administrator of the Environmental Protection Agency, in determining the maximum realistic operation of an agriculture-related facility, to consider: (1) the cyclical or seasonal nature of the facility; and (2) the maximum hours of operation of the facility that actually occurred during any of the preceding five years in the case of a facility in operation on the date of determination. Requires the Administrator to consider the effect of control equipment and techniques in lowering the potential to emit of an agriculture-related facility. Exempts a source from permitting requirements if the source is not a major source and is subject to emissions standards for new stationary sources or requirements for stationary sources of hazardous air pollutants.
![Official portrait of Rep. Leach, James A. [R-IA-2]](https://www.congress.gov/img/member/l000169_200.jpg)