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Official portrait of Rep. Madigan, Edward R. [R-IL-15]

Rep. Madigan, Edward R. [R-IL-15]

United States · Official source

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2,180 records where Rep. Madigan, Edward R. [R-IL-15] is listed as a sponsor, author, or other actor. Search with topics and years

Bill· HRH.R. 6300 (96th)referred

Individual Investors Incentive Act of 1980

United States · United States Congress · 24 January 1980

Individual Investors' Incentive Act of 1980 - Amends the Internal Revenue Code to allow individual taxpayers a nonrefundable income tax credit equal to ten percent of the cost of corporate securities purchased by such taxpayer during the taxable year. Limits the dollar amount of such credit to $1,000 ($2,000 for married individuals filing jointly). Requires the recapture of specified amounts of such credit if any securities for which the credit is allowed are disposed of by the taxpayer within one year of their purchase. Disqualifies estates, trusts, and nonresident aliens from eligibility for the credit.

Bill· HRH.R. 6171 (96th)referred

Used Machinery Investment Credit Adjustment Act of 1979

United States · United States Congress · 18 December 1979

Used Machinery Investment Credit Adjustment Act of 1979 - Amends the Internal Revenue Code to increase from $100,000 to $200,000 the cost of used property which is eligible for the investment tax credit.

Bill· HRH.R. 6152 (96th)reported

Product Liability Risk Retention Act of 1979

United States · United States Congress · 14 December 1979

Product Liability Risk Retention Act of 1979 - Title I: Risk Retention Groups - Directs the Secretary of Commerce to promulgate standards for the approval of risk retention groups. Defines such groups as corporations, or other limited liability associations taxable as corporations, whose principal activity consists of assuming and spreading all or any portion of the product liability or completed operations liability risk exposure of its group participants and which are organized, under the laws of a State, for the primary purpose of conducting such activity. Sets forth factors to be included in a group's application for approval. Enumerates Standards which the Secretary must consider in approving any such group, including the amount and liquidity of its assets, soundness of its reserves, adequacy of the expertise and experience of those responsible for its management, adequacy of its loss prevention programs and those of its group participants, and failure to disclose material facts of circumstances bearing on its qualifications. Sets forth limitations on the risk coverage afforded to any one person in the group. Authorizes the Secretary to waive such limitations upon determination that the group is likely to be financially sound and capable of shifting and distributing the risks of its group participants. Directs the Secretary to issue certificates of approval to applicant groups upon determination that such groups have sound plans of operation in accordance with standards promulgated by the Secretary. Requires any refusal of approval to specify the factual conclusions and legal authority upon which it is based. Authorizes the Secretary to conduct audits of the applicant and its group participants. Authorizes the Secretary to require a group to set a maximum amount of risk which it will accept. Requires such a group's participants to obtain insurance for losses in excess of such maximum limitations. Establishes requirements for the terms of such insurance coverage. Requires all or a portion of an individual's product liability or completed operations risk exposure be assumed by the group. Prohibits a group from assuming liability for any person other than its members or its members' affiliates. Permits a group to assume liability which arises from an agreement of hold harmless or indemnity between a member and its supplier, purchaser, or consignee. Prohibits a group from making non-pro-rata assessments or retroactive adjustments based on the loss experience of a member. Sets forth requirements concerning the return of a withdrawing member's capital contribution. Prohibits such groups from acquiring reinsurance from its members or affiliates. Directs the Secretary to requires each group to maintain reserves: (1) to meet incurred losses and loss adjustment expenses; and (2) for unearned premiums paid or to be paid to the group by its group participants. Requires that such reserves be invested prudently. Requires each group to submit information on plan changes and annual reports to the Secretary. Directs the Secretary to ensure that other required reports do not constitute as undue burden upon groups. Declares that this Act shall preempt any State law relating to the formation operation, or provision of insurance-services to risk retention groups. Stipulates that this Act shall not effect the authority of a State to tax risk retention groups. Directs the Secretary to promulgate regulations relating to claims settlement practices of such groups and to consumer protection taking into consideration State laws on such matters. Applies Federal antitrust laws to such groups. Exempts the ownership interests of such groups from the securities laws. Limits the use of information obtained pursuant to this Act. Permits the Secretary to require data concerning the product liability claims experience of such groups. Authorizes the Secretary to audit each group and to require each group to engage an independent accountant to examine its books, records, and financial statements. Requires each group to pay an application fee and annual fees to cover supervisory expenses of the Secretary. Authorizes the Secretary to revoke the certificate of approval of a risk retention group. Enumerates circumstances in which such authority may be exercised. Requires that all hearings to revoke a group's certificate of approval be held in the District of Columbia. Empowers the United States District Court for the District of Columbia to hear appeals from orders of the Secretary issued pursuant to this Act. Title II: Group Purchase of Product Liability Insurance and Completed Operations Insurance - Exempts any group seeking to purchase liability insurance, its members, or any person who provides such insurance from any State law which restricts groups insurance or would prohibit or discriminate against the application of this Act. Title III: Miscellaneous Provisions - Declares that this Act shall not be deemed to affect State tort law. Directs the Secretary to issue rules and regulations and to take all other actions necessary or appropriate to implement this Act. Directs the Secretary to report to the appropriate committees of Congress on the implementation of this Act.

Bill· HRH.R. 5857 (96th)referred

Municipal Resources Management Act of 1979

United States · United States Congress · 9 November 1979

Municipal Resources Management Act of 1979 - Amends the Solid Waste Disposal Act to include among the objectives of the State and Regional Solid Waste Plan provisions of such Act the maximum utilization of energy and materials recoverable from solid waste. Amends such Act to include among the considerations for promulgating State Plan guidelines the existence of available new and additional markets for energy and energy resources recovered from solid waste. Makes a State eligible for financial assistance for energy and materials recovery feasibility planning and assistance under such Act upon a determination that such State's solid waste plan includes specified provisions relating to energy and other materials recoverable from municipal waste. Authorizes such State to make any of such assistance available to municipalities for similar activities. Authorizes the Administrator of the Environmental Protection Agency to make grants to municipalities to carry out energy and materials recovery feasibility planning and assistance activities. Authorizes the Administrator to provide technical assistance to States and municipalities to assist in removing impediments to the development of systems and facilities designed to recover energy and materials from municipal waste. Directs the Administrator to collect and disseminate information relating to the recovery of energy and materials from solid waste.

Bill· HRH.R. 5444 (96th)referred

Dollar Bill Preservation Act

United States · United States Congress · 27 September 1979

Dollar Bill Preservation Act - Amends the Federal Reserve Act to prohibit the cancellation, retirement, destruction, or removal from circulation of any dollar bill note, except where necessary to replace mutilated bills. Directs the Board of Governors of the Federal Reserve System to maintain the amount of dollar bills issued at the level outstanding on September 26, 1979.

Bill· HRH.R. 5409 (96th)referred

A bill to amend the Internal Revenue Code of 1954 to provide that the standard mileage rate for use of a passenger automobile which may be used in computing the charitable contribution deduction shall be the same as the standard mileage rate which may be used in computing the business expense deduction.

United States · United States Congress · 26 September 1979

Amends the Internal Revenue Code to provide that the standard mileage rate used in computing the charitable deduction for expenses incurred in the operation of a motor vehicle shall be the same as the standard mileage rate established by the Secretary of the Treasury for the business related deduction.

Bill· HRH.R. 5408 (96th)referred

A bill to amend the Internal Revenue Code of 1954 with respect to the special valuation of farm property for purposes of the estate tax.

United States · United States Congress · 26 September 1979

Amends the Internal Revenue Code with respect to the method of valuing farms for estate tax purposes to provide that if there is no comparable land from which the average annual gross rental may be determined but there is comparable land from which the average net share rental may be determined, then the existing valuation formula shall be applied by substituting "average net share rental" for "average gross cash rental. Defines net share rental as the excess of: (1) the value of the produce received by the lessor under a lease of the land on which such produce is grown, over (2) the cash operating expenses of growing such produce which, under the lease, are paid by the lessor.

Bill· HRH.R. 5234 (96th)referred

A bill to amend the Internal Revenue Code of 1954 with respect to the special valuation of farm property for purposes of the estate tax.

United States · United States Congress · 11 September 1979

Amends the Internal Revenue Code with respect to the method of valuing farms for estate tax purposes to provide that, if there is no comparable land from which the average annual gross rental may be determined but there is comparable land from which the average net share rental may be determined, then the existing valuation formula shall be applied by substituting "average net share rental" for "average gross cash rental. Defines net share rental as the excess of: (1) the value of the produce received by the lessor under a lease of the land on which such produce is grown, over (2) the cash operating expenses (including real estate taxes) of growing such produce which, under the lease, are paid by the lessor.

Bill· HJRESH.J.Res. 395 (96th)referred

A joint resolution proposing an amendment to the Constitution to protect the people of the United States against excessive governmental burdens and unsound fiscal and monetary policies by limiting total outlays of the Government.

United States · United States Congress · 11 September 1979

Constitutional Amendment - Limits the increase of total budget outlays of the United States Government during any fiscal year to a percentage equal to the percentage increase in the gross national product during the previous calendar year. Stipulates that if the inflation rate exceeds three percent annually the increase in total outlays shall be reduced by one-fourth the difference between the inflation rate and three percent. Requires any surplus in total revenues received by the Government to be used to reduce the public debt. Allows the limit on total outlays to be changed by a three-quarters vote of both Houses of Congress, or to meet an emergency declared by the President. Continues Federal aid programs to States and local governments for a period of six years. Prohibits Congress authorizing any United States agency from requiring that a State or local government engage in additional or expanded activities without compensation equal to the additional costs.

Resolution· HRESH.Res. 400 (96th)referred

A resolution expressing the sense of the House of Representatives that the President, in the interests of national security, should immediately communicate to the government of the Soviet Union our insistence that it remove its military troops from Cuba and, until such time as the Soviet military presence is ended, that all proceedings with regard to the ratification of the proposed Strategic Arms Limitation Treaty be suspended.

United States · United States Congress · 5 September 1979

Expresses the sense of Congress that the President should communicate U.S. insistence that the Soviet Union remove its troops from Cuba. Stipulates that ratification of the SALT II Treaty be suspended until such troops are removed.

Bill· HRH.R. 5144 (96th)referred

Railroad Retirement Amendments Act of 1979

United States · United States Congress · 2 August 1979

Railroad Retirement Amendments Act of 1979 - Title I: Railroad Retirement Act Amendments - Amends the Railroad Retirement Act of 1974 to exclude from the definition of "employer" under such Act: (1) trucking services which transport property before or after transportation by railroad if such trucking service is the only railroad related service performed by that company; and (2) companies which handle property transported by railroad if such a company is not principally engaged in such operations and services to the extent that such handling constitutes a separate and district enterprise of the company. Removes from the definition of "compensation" contained in such Act any payment made to any nongovernmental plan for unemployment insurance, maternity insurance, or sickness insurance. Stipulates that for purposes of collecting a supplemental annuity under such Act an individual shall not lose his "current connection with the railroad industry," if after completing 25 years of service, the individual involuntarily and without fault ceased rendering service as an employee under such Act. Revises additional eligibility criteria for receiving such an annuity. Increases the annuity payable to spouses under such Act for spouses between the ages of 62 and 65. Revises the formula for computing employee annuities under such Act. Stipulates that employee annuities and spouses annuities under such Act shall be increased by the same amount that old-age and survivors insurance benefits are increased. Requires the Commissioner of Internal Revenue, upon request, to supply the Railroad Retirement Board with any information in the Internal Revenue Service's possession which is relevant to a determination whether an individual is an "employer" within the meaning of the Railroad Retirement Tax Act. Revises the procedures for transferring funds between the Railroad Retirement Account and the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund, or the Federal Hospital Insurance Trust Fund. Stipulates that such transfers are to be made on a monthly basis. Revises the formula for computing the authorization of appropriations for the Railroad Retirement Account. Stipulates that if the balance in such account is insufficient to meet its obligations, the Secretary of the Treasury shall transfer any necessary funds from the general fund of the Treasury to such account. Provides for the retransfer of such funds back to the Treasury if the account is operating at a surplus. Title II: Amendments of Internal Revenue Code of 1954 - Amends the Internal Revenue Code of 1954 with respect to the method of deducting taxes imposed under the Railroad Retirement Tax Act from an employee's compensation. Provides for an increase in the excise tax on employers imposed under such Act to be determined by the account balance-benefit ratio of the Railroad Retirement Account. Title III: Conforming Amendments - Amends the Railroad Unemployment Insurance Act and the Social Security Act to conform with the provisions of this Act.

Bill· HRH.R. 5117 (96th)referred

Synthetic Fuels Development Act of 1979

United States · United States Congress · 2 August 1979

Synthetic Fuels Development Act of 1979 - Title I: Loan Guarantees for Synthetic Fuel Demonstration Facilities - Authorizes the Secretary of Energy to guarantee and to make commitments to guarantee interest payments on obligations issued for the purpose of financing the construction of demonstration facilities for the conversion of domestic coal, oil shale, tar sands, biomass, peat, and other domestic resources into synthetic fuels, and for other energy sources such as ocean thermal energy conversion. Stipulates that such guarantees shall be issued under a competitive bidding procedure to the extent possible. Prohibits the issuance of a guarantee for an oil-shale conversion facility until a modular facility of the same technology has been shown to be successfully operated. Limits the total amount of loan guarantees outstanding under this Act to $10,000,000,000, and prohibits issuance of such guarantees beyond five years after the date of enactment of this Act. Sets forth procedures for handling defaults in payments on any obligation issued and guaranteed under this Act. Establishes within the United States Treasury a revolving fund into which shall be deposited authorized administrative funds, interest and principal payments, or repayments and fees, and any other moneys derived from the operation of this title. Authorizes the Secretary to issue notes or other obligations in the event moneys available in the fund are insufficient to enable the Secretary to carry out this title. Stipulates that inventions made or conceived under a guarantee authorized by this title shall be subject to the appropriate sections of the Federal Nonnuclear Energy Research and Development of 1974. Directs the Secretary to provide opportunities for small business to participate in such guarantee program. Requires the Secretary to submit an annual report of the activities conducted under this title. Requires that regulations issued under this title be submitted to specified congressional committees. Repeals existing provisions of the Federal Nonnuclear Energy Research and Development Act of 1974 relating to loan guarantees for alternative fuel demonstration facilities, excluding those provisions on the issuance of obligations for synthetic fuel conversion facilities and municipal waste energy generation facilities. Title II: Priority Energy Projects - Directs the Secretary of Energy to designate priority energy projects based on specified criteria. Exempts such designations from the impact statement provisions of the National Environmental Policy Act of 1979, but requires that designated projects comply with the appropriate provisions of the Clear Air Act and the Federal Water Pollution Control Act. Directs the Secretary to publish a Project Decision Schedule containing deadlines for all Federal actions relating to such projects. States that the time allowed for completion of all final agency action and the issuance of all final agency decisions as to licenses, permits, and other authorizations shall be consistent with existing statutory obligations. Directs the President to make any decisions or perform any actions in the event that an agency or department fails to meet its deadline. Authorizes the Secretary to establish deadlines for Federal agency action which are shorter than the minimum period required under existing legislation in cases of exceptional national need. Provides for the coordination of the actions of Federal, State, and local governments. Directs the Secretary to transmit to the Governor of a State in which a priority energy project is to be located a voluntary decision schedule setting deadlines for State and local authorities to complete their actions relating to such project. Sets forth procedures authorizing the President to waive State or local law provisions causing delay in implementing the State decision schedule. Sets time limits for filing claims arising out of any action pursuant to this Act, and bars any claims filed thereafter. Stipulates that such claims shall be brought in the United States court of appeals for the circuit where the project would be located, and grants exclusive original jurisdiction to such court in such matters. Directs such court to give precedence to such matters over all other matters on the court's docket. Authorizes the Supreme Court, exclusively, to review interlocutory judgments or orders of the court of appeals pursuant to this Act, and directs the Supreme Court to give expedited treatment to such matters. Establishes an Office for Priority Energy Projects within the Department of Energy to assist the Secretary with his duties under this Act. Terminates the Secretary's authority to designate priority energy projects seven years after enactment of this Act. Title III: Goals and Objectives - Establishes a national goal for the reduction of energy imports by the year 1990 to the equivalent of 25 percent of the crude oil and synthetic fuels consumed in the United States in that year. Directs the Secretary to conduct specified studies relating to the attainment of such goal. Directs the Secretary to establish a program to test the commercial feasibility of synthetic fuels by using such fuels in selected portions of the vehicle fleets of specified Federal agencies.

Bill· HRH.R. 5099 (96th)referred

Sales Representatives Protection Act

United States · United States Congress · 2 August 1979

Sales Representatives Protection Act - Title I: Contracts Between Sales Representatives and Principals - Requires a principal to furnish specified information to a sales representative concerning orders placed through the representative's account and a monthly accounting of commissions due such representative. Enumerates items which must be set forth in any contract between a sales representative and a principal. Title II: Indemnification - Exempts principals conforming with such information requirements from the indemnification provisions set forth in this Act. Requires a principal who, without good cause, terminates a contract between such principal and a sales representative, or reduces the rate of commission for orders solicited on behalf of such principal, to indemnify the representative according to this Act. Requires a principal who reduces the size of the geographic territory assigned to a representative for a specified account, which results in a specified reduction in commissions, to indemnify such representative. Sets forth formulae for the indemnification of such representatives. Title III: Miscellaneous - Allows a plaintiff to bring an action to enforce any rights or liabilities created by this Act in a United States district court. Stipulates the procedure for such action.

Bill· HRH.R. 4970 (96th)passed

Campaign Contribution Reform Act of 1979

United States · United States Congress · 26 July 1979

Campaign Contribution Reform Act of 1979 - Amends the Federal Election Campaign Act of 1971 to prohibit any multicandidate political committee (other than a multicandidate committee of a political party) from making contributions to a candidate for the office of Representative in, or Delegate or Resident Commissioner to, the Congress and his or her authorized committees which in any calendar year exceeds: (1) $5,000 with respect to any general or special election and a primary election relating to such election; or (2) $7,500 (but not more than $5,000 for one election) with respect to a general or special election and both a primary and runoff election relating to such election. Prohibits a candidate for the office of Representative in, or Delegate or Resident Commissioner to, the Congress or any authorized political committee from accepting contributions from political committees, other than committees of a political party, aggregating more than $50,000 in any calendar year, except in the case of a candidate who is a candidate in a general election and a special election, such candidate may accept such contributions aggregating: (1) $50,000 with respect to such general and any primary election relating to such general election; and (2) $50,000 with respect to such special election and any primary election relating to such special election. Specifies that any contribution made in a year, other than the calendar year in which the election is held, is considered to be made in the calendar year in which such election is held, and any contribution made after the date of such election shall be considered a contribution with respect to such election only if such contribution is used to pay obligations incurred with respect to such election. Specifies that any extension of credit for goods or services relating to advertising on broadcasting stations, in newspapers or magazines, by direct mail or other similar types of general public political advertising shall be considered a contribution, if such extension of credit is: (1) in an amount of more than $1,000; and (2) for a period of more than 30 days.

Bill· HRH.R. 4782 (96th)referred

Farm Credit Act Amendments of 1979

United States · United States Congress · 13 July 1979

Farm Credit Act Amendments of 1979 - Title I: Federal Land Banks and Associations - Amends the Farm Credit Act of 1971 to authorize any Federal land bank, under the supervision of the Farm Credit Administration, to: (1) participate in loans with other Farm Credit System institutions (i.e., Federal land banks, Federal land bank associations, Federal intermediate credit banks, production credit associations, and banks for cooperatives); (2) participate in loans which the land banks are authorized to make with lenders which are not Farm Credit System institutions; (3) sell interests in loans to such lenders; (4) buy from and sell to Farm Credit System institutions interests in loans, other extended financial assistance, and nonvoting stock; (5) make other investments; (6) accept contributions to their capital from Federal land bank associations; (7) enter into agreements with other Farm Credit System institutions to share loan and other losses; (8) issue nonvoting stock to borrowers as a patronage refund; and (9) make or participate with other lenders in long-term real estate mortgage loans not exceeding 85 percent of the appraised value of the real estate security. Makes producers and harvesters of aquatic products eligible for Federal land bank services. Authorizes Federal land bank associations to make capital contributions to a Federal land bank. States that a member of a Federal land bank association need not make the required purchases of land stock with respect to that part of a loan derived from a lender which is not a Farm Credit System institution. Authorizes the Federal land bank associations to pay dividends on a differential basis between different classes and issues of stock and participation certificates corresponding to the value of such classes and issues to the capital or earnings of the Federal land bank in its district. Permits the Federal land bank associations to agree to share loan and other losses with other Farm Credit System institutions. Title II: Federal Intermediate Credit Banks and Production Credit Associations - Authorizes the Federal Intermediate Credit Banks, subject to the supervision of the Farm Credit Administration, to: (1) buy from and sell to Farm Credit System institutions interests in loans, other extended financial assistance and nonvoting stock; (2) make other investments; (3) agree to share loan and other losses with other Farm Credit System institutions; (4) participate with other Farm Credit System institutions in making loans; and (5) issue nonvoting stock to such institutions. Authorizes the Federal intermediate credit banks to discount for, or purchase from other financial institutions loans made to producers and harvesters of aquatic products. Permits any Federal intermediate credit bank to transfer more than 2.5 percent of its net earnings after expenses to its allocated reserve account (presently, not more than 25 percent of such earnings may be transferred to this account). Authorizes each production credit association, subject to the supervision of the intermediate credit bank in its district and the Farm Credit Administration, to: (1) buy from and sell to any bank in the Farm Credit System interests in loans, other financial assistance extended, and nonvoting stock; (2) participate in loans with other Farm Credit System institutions; (3) agree to share loan and other losses with other Farm Credit System Institutions; (4) issue participation certificates to eligible borrowers in lieu of nonvoting stock; and (5) issue participation certificates or nonvoting stock to any financial institution outside the Farm Credit System with which the association participates in a loan in satisfaction of the requirement that a borrower own such stock or participation certificates. Requires a borrower to own only that amount of stock or participation certificates which is proportionate to that portion of a loan retained by a production credit association when it participates with another lender in making a loan. Authorizes the production credit association to extend loan assistance to bona fide farmers, ranchers, and producers and harvesters of aquatic products for basic processing and marketing directly related to the borrower's operations. Title III: Banks and Cooperatives - Empowers each bank for cooperatives, subject to the supervision of the Farm Credit Administration, to: (1) participate with other Farm Credit System institutions in making loans; (2) deposit its securities and current funds with any domestic or foreign financial organization (presently, such deposits must be made at a member bank in the Federal Reserve System); (3) buy and sell bankers acceptances which are obligations of member banks in the Federal Reserve System; (4) buy and sell other obligations including those which arise in the course of transactions which the bank has assisted through loans; (5) buy from and sell to Farm Credit System institutions interests in loans, other financial assistance extended and nonvoting stock; (6) make other investments; (7) invest in foreign and domestic business entities to facilitate the obtaining of credit information and the performance of services related to international transactions; (8) maintain credit balances to assist in the transfer of funds between parties to authorized transactions; (9) agree to share loan and other losses with other Farm Credit System institutions; and (10) issue participation certificates to parties who may not be issued voting stock. Requires all participation certificates, voting and nonvoting stock issued by the banks for cooperatives to be retired at par value. Authorizes the banks for cooperative to: (1) offer a currency exchange for eligible cooperative associations; and (2) extend loans, loan participation commitments, and other technical and financial assistance to any domestic or foreign party in which a member cooperative has an ownership interest or which engages with the cooperative in dealings in agricultural or aquatic products, farm supplies or the lease of property, provided such assistance substantially benefits the member cooperative. Enables cooperatives solely engaged in furnishing aquatic business services to borrow from the banks for cooperatives. Reduces the degree of ownership in a cooperative which must be held by farmers, producers or harvesters of aquatic products, or other cooperative associations in order to make such a cooperative eligible to borrow from a bank for cooperatives. Requires a bank for cooperatives to retire any equity held by a borrower in default or dissolution at fair market value not to exceed the par value of the equity interest of the borrower. Prohibits the retirement or cancellation of such an equity interest if the bank's capital structure would be adversely affected. Permits each bank for cooperatives to transfer more than 25 percent of its net annual savings to a surplus account. Authorizes the banks for cooperatives to pay patronage refunds to borrowers in the form of participation certificates. Title IV: Provisions Applicable to Two or More Classes of Institutions of the System - Declares that interest rates established by the Farm Credit Administration for loans made by Farm Credit System institutions shall preempt any interest rate limitation imposed by State law. States that when two or more Farm Credit System institutions participate in a loan as authorized by this Act, the terms of such loan shall be those agreed upon by the institutions. Requires that such factors as borrower eligibility, membership, term, amount, loan security and purchase of stock or participation certificates by the borrower are to be governed by the provisions of law applicable to the institution originating the loan. Exempts credit transactions of Farm Credit System institutions from the provisions of any State statute or any other law or regulation which impose, with regard to a credit transaction, any duty or requirement which had been imposed by the Truth in Lending Act before amendment. Authorizes the institutions of the Farm Credit System to organize corporations to perform non-lending functions and services which such institutions are authorized to perform. Empowers the Governor of the Farm Credit Administration to review and revise the charters of such corporations. States that such corporations shall be subject to supervision and examination by the Administration. Title V: District and Farm Credit Administration Organization - Revises the process for the election of farm credit district directors by reducing from three to two the number of nominees in the election poll. Establishes the rate of compensation for the Federal Farm Credit Board at the daily equivalent of the rate prescribed for grade GS-18 of the General Schedule. Authorizes the Board to fix the salary of the Governor of the Farm Credit Administration at any level not exceeding the maximum rate of basic pay in the Executive Schedule. Authorizes the Governor to appoint Deputy Governors to provide assistance in the functioning of the Farm Credit Administration. Exempts the Administration from provisions of Federal law relating to appointments in the competitive civil service, travel expenses, allowances, procurement, and property disposition. Credits employees of Farm Credit System institutions with specified leave and retirement benefits when they are transferred to Federal service in the Farm Credit Administration.

Bill· HRH.R. 4660 (96th)open

Smaller Enterprise Regulatory Improvement Act

United States · United States Congress · 28 June 1979

Smaller Enterprise Regulatory Improvement Act - Amends the Small Business Act to require each Federal agency to publish semiannually an agenda of those rules which may be proposed during the upcoming six-month period affecting a substantial number of small business concerns and small organizations. Defines "small organizations" to include unincorporated businesses, sheltered workshops, nonprofit enterprises which are not dominant in their fields and such other groups and enterprises as each Federal agency shall establish by rule. Requires each published agenda to be transmitted to the Office of Advocacy of the Small Business Administration for comments. Directs each Federal agency to endeavor to provide notice of each agenda to affected small enterprises by means other than publication in the Federal Register. Directs each Federal agency to publish a written analysis prior to the issuance of any rule affecting a substantial number of small business concerns and organizations which considers: (1) the effect of such rule on small enterprises and competition; (2) whether an exemption could be provided such small enterprises; (3) whether lesser compliance standards could be adopted for small enterprises; and (4) the expected nature of reporting and recordkeeping requirements necessitated by such rule. Requires each Federal agency to issue a rule containing an exemption or differing compliance standards for such small business concerns and organizations if it is lawful, desirable, and feasible to do so. States that such small enterprises shall be given an opportunity to participate in agency rulemaking. Requires each agency to review its existing rules and prepare an analysis for purposes of eliminating those rules which are most burdensome to small businesses and organizations. Permits any agency to perform the analyses required by this Act in conjunction with any other analysis required by law. Declares that such other analysis shall not in itself satisfy the requirements of this Act.

Bill· HRH.R. 4646 (96th)referred

Capital Cost Recovery Act of 1979

United States · United States Congress · 27 June 1979

Capital Cost Recovery Act of 1979 - Amends the Internal Revenue Code to revise the method for determining useful lives of business assets for purposes of computing allowable depreciation deductions. Replaces the asset depreciation range (ADR) method with a schedule of capital cost recovery periods for three classes of business property. Establishes capital cost recovery periods for the following classes of business property: (1) buildings and their structural components, ten years; (2) tangible property, five years; and (3) automobiles, taxis, and light-duty trucks (up to $100,000), three years. Allows a ten percent investment tax credit for buildings and tangible property, and a six percent credit for automobiles, taxis, and light duty trucks. Requires the recapture of depreciation amounts and investment tax credit amounts applicable to assets which are sold or otherwise disposed of prior to the expiration of the capital cost recovery period. Permits taxpayer to deduct less than the full allowance for capital cost recovery in any taxable year. Permits a carryover to succeeding taxable years of any unused depreciation amounts. Disqualifies capital cost recovery property from the allowance for first year depreciation. Treats amounts claimed as the capital cost recovery of noncorporate lessors as an item of tax preference for purposes of the minimum tax. Adopts as an accounting practice the "half year convention" under which investments eligible for capital cost recovery treatment or the investment tax credit which are made at any time during the taxable year are deemed to be made in the middle of such year.

Bill· HRH.R. 4576 (96th)passed

A bill to amend the Powerplant and Industrial Fuel Use Act of 1978 to permit local distribution companies to provide natural gas service to residential customers for use in outdoor lighting fixtures installed before the date of the enactment of such Act.

United States · United States Congress · 21 June 1979

Amends the Powerplant and Industrial Fuel Use Act of 1978 to permit local distribution companies to provide natural gas service to residential customers for use in outdoor lighting fixtures installed before the enactment of such Act.

Bill· HRH.R. 4509 (96th)referred

A bill to amend the Safe Drinking Water Act, and for other purposes.

United States · United States Congress · 18 June 1979

Amends the Safe Drinking Water Act to exempt from applicable Federal regulations any State having in effect a law, rule, or regulation applicable to underground injection control related to the production or recovery of oil or natural gas unless the Administrator of the Environmental Protection Agency finds that such law, rule, or regulation fails to protect underground sources of drinking water. Provides that any State for which such finding is made may amend its law, rule, or regulation in order to benefit from such exemption where approved by the Administrator. Exempts from the underground injection well permit requirements any State having in effect such law, rule, or regulation approved by the Administrator. Exempts from the administrative procedure and judicial review requirements of the United States Code any action relating to national interim primary drinking water regulations, revised national primary drinking water regulations, and State underground injection control program regulations, except as expressly provided by this Act. Directs the Administrator to establish a docket for such actions, and sets forth notice and public and agency commenting requirements for any proposed rulemaking. Sets forth procedures and other requirements for promulgating rules concerning drinking water regulations, and establishes procedures for judicial review of such actions. Amends the definition of "primary drinking water regulation". Revises the standard for the promulgation of primary drinking water regulations. Makes technical and conforming amendments to such Act. Requires any State having primary enforcement responsibility to submit notice to the Administrator that its public water system supervision program conforms to any revision or amendment to any national primary drinking water regulation made by the Administrator. States that failure to submit such notice shall be grounds for withdrawal of State primary enforcement responsibility. Amends such Act to authorize a State having such enforcement responsibility to exempt from maximum contaminant level requirements or treatment technique requirements any public water system not having any reasonable alter native source of drinking water available. Revises the dates for compliance by public water systems with contaminant level and treatment technique requirements. Extends the effective date for State underground injection control regulations approved by the Administrator. Authorizes the waiver of the prohibition against State grants being made for any period beginning more than one year after the date of a State's first grant having been made for a period of 18 months after the effective date of any amendment or revision of the national primary drinking water regulations if the State has assumed primary enforcement responsibility and is making diligent efforts to comply with such amendment or revision. Prohibits the Administrator from making grants to any State unless the State has assumed primary enforcement responsibility within two years after the Administrator promulgates State underground injection control program regulations.

Bill· HRH.R. 4504 (96th)referred

Integrated Grant Development Act of 1979

United States · United States Congress · 18 June 1979

Title I: - Adds a new title to the Intergovernmental Cooperation Act of 1968. Defines "generally applicable requirements" as requirements which are placed on assistance recipients by Federal legislation or administrative rules and regulations, and which apply to two or more assistance programs. Directs the President to designate Federal agencies to establish standard rules and regulations for, and to report on the implementation of generally applicable requirements in the areas of: (1) labor practices; (2) public employee standards; (3) equal services requirements based on prohibitions of discrimination; (4) access to government information; (5) relocation and real property acquisition; (6) procurement standards; (7) planning; (8) finance and administration; (9) citizen participation; and (10) environmental protection when such requirements are part of a Federal assistance program. Directs Federal departments and agencies to comply with those rules within 120 days after such a rule is issued. Permits a designated agency to submit for review by the President and, subsequently, Congress a legislative proposal to exclude certain Federal assistance programs from all or part of its standard rules. Directs the President to designate the Office of Management and Budget (OMB) to oversee the the administration of this title. Title II: Consolidation of Federal Assistance Programs - Directs the President to: (1) examine Federal assistance programs; and (2) prepare and transmit to Congress a plan for consolidating functionally related programs upon determining that such consolidation would improve the administration or efficiency of such programs. Requires that such a plan: (1) designate one agency to administer a consolidated program; (2) expire no later than six years after becoming effective; and (3) be transmitted to Congress before December 31, 1984. States that any such plan shall become effective upon approval by the President of a congressional resolution approving such plan. Sets forth House and Senate procedure for considering such a resolution. Requires the President to report to Congress annually on consolidation plans which are proposed and implemented under this title. Title III: Integrated Grant Development - Rewrites the Joint Funding Simplification Act of 1974 as the Integrated Grant Development Act of 1979. Requires Federal agencies to take specified measures previously authorized by the Joint Funding Simplification Act to provide for joint funding by and management of Federal assistance programs which have common interests. Directs the President to designate the OMB to take specified measures to carry out the provisions of this title. Title IV: Advance Appropriations - Amends the Intergovernmental Cooperation Act of 1968 and the Budget and Accounting Act of 1921 to provide for multi-year funding of Federal financial assistance programs. Title V: Miscellaneous - Requires Federal agencies, under the Intergovernmental Cooperation Act of 1968, to provide the officials of a State or local government receiving Federal assistance with information concerning the amount and purpose of that assistance. Directs the OMB to develop the system of providing such information and to oversee agency compliance with this title. Authorizes Congress to include in Federal assistance legislation a provision which prohibits a State or local government from using Federal assistance to replace funding previously provided by that government. Authorizes the head of an agency to waive such a prohibition upon determining that it would cause extraordinary fiscal hardship.

Law· HRH.R. 4453 (96th)open

A bill to amend the Saccharin Study and Labeling Act to extend to June 30, 1981, the ban on actions by the Secretary of Health, Education, and Welfare respecting saccharin.

United States · United States Congress · 13 June 1979

Amends the Saccharin Study and Labeling Act to extend until June 30, 1981, the period during which the Secretary of Health, Education, and Welfare may not take specified actions to restrict the continued use of saccharin or of any food, drug, or cosmetic containing saccharin.

Bill· HRH.R. 4400 (96th)referred

A bill to reduce permanently the level of the Federal civilian work force.

United States · United States Congress · 8 June 1979

Requires a ten percent reduction in the number of civilian employees of the executive branch from the number of such employees on September 30, 1977, to be attained through attrition by September 30, 1984. Limits the percentage of low level positions which may be involved in such reduction. States that the reduction of positions among agencies shall be proportionate to the size of each agency's work force. Requires a similar reduction in the work force of the legislative branch. Directs the Director of the Office of Management and Budget to report annually to Congress on work force reductions in the executive branch. Requires the Director of the Federal Judicial Center to submit to Congress recommendations for similar reductions in the Judicial branch.

Bill· HRH.R. 4345 (96th)referred

Replacement Motor Fuels Act of 1979

United States · United States Congress · 6 June 1979

Replacement Motor Fuels Act of 1979 - Directs the Secretary of Energy to establish a program to promote the development and use of replacement fuels in the United States to replace gasoline used as a motor fuel with replacement motor fuel containing the maximum percentage of alcohol, or other liquid produced from coal, oil, shale, or other substances as is economically and technically feasible. Directs the Secretary to determine with respect to replacement fuels: the most suitable raw materials for their production, the nature of the distribution systems and production processes of such fuels, the technical and economic feasibility of including liquids extracted from oil shale and coal in such program, and the technical and economic feasibility of reaching goal of replacing 20 percent of the gasoline used as a motor fuel with replacement fuels by the year 1992. Directs the Secretary to set production goals for replacement fuels for each of calendar years through 1981 through 1987. Sets forth the manner of determining the percentage of replacement fuel by volume to be contained in the total quantity of gasoline and replacement fuel sold annually in commerce in the United States in calendar years 1981 through 1990, and directs the Secretary to issue a rule setting the minimum percentage replacement fuel to be sold for year 1981 through 1986 by any refiner. by any refiner. Sets forth provisions for the enforcement of such requirements. Authorizes the appropriation of up to $1,000,000 for fiscal year 1980 to carry out this Act.