United States · United States Congress · 25 October 1977
Expresses the sense of the House of Representatives that the Secretary of the Department of Housing and Urban Development should not implement the proposed reorganization of the field and insuring offices of the Department of Housing and Urban Development prior to the time when the appropriate committees of the Congress have had an opportunity to hold hearings on such reorganization.
United States · United States Congress · 20 October 1977
Amends the Internal Revenue Code to allow certain individuals to compute the amount of the deduction for retirement savings on the basis of the earned income of their spouses.
United States · United States Congress · 20 October 1977
States that during the period following the enactment of this Act until December 31, 1978, neither the Secretary of the Interior nor the Attorney General shall withhold water delivery from any beneficiary of a Federal reclamation project for purposes of achieving conformity with acreage limitations or residency requirements of reclamation law.
United States · United States Congress · 27 September 1977
Authorizes the Secretary of the Interior to construct hydroelectric powerplants at specified locations. Stipulates that the power generated by such facilities shall be delivered to the Secretary of Energy for distribution and marketing through existing Federal hydroelectric power marketing systems. Authorizes appropriations in specified amounts for the construction of each facility under this Act. Authorizes appropriations in such amounts as may be required by the Secretary of Energy to interconnect such facilities.
United States · United States Congress · 27 September 1977
Declares that the President should establish a Commission on Domestic and International Hunger and Malnutrition which should: (1) collect and generate information and resources on food, hunger, malnutrition and related concerns; (2) assess current programs affecting domestic and international hunger and malnutrition; (3) analyze and report its findings and recommendations to the President, the Congress, and the public; and (4) assist the President and the Congress in implementing its recommendations.
United States · United States Congress · 26 September 1977
Directs the Secretary of the Treasury to pay a specified sum to a certain individual in full settlement of such individual's claims against the United States.
United States · United States Congress · 26 September 1977
National Crude Oil Supply and Transportation Act - Expresses the intent of Congress that the continuation of a transportation system to deliver Alaskan crude oil to Northern Tier or inland States be accomplished through expedited administrative procedures. Directs the Secretary of the Interior to establish a time schedule for the completion of required environmental impact statements in order to select a crude oil transportation system by February 1, 1978. Establishes criteria to be considered by the Secretary in selecting a transportation route. Directs the Secretary and other appropriate Federal officials to take all actions necessary to provide rights of way, permits, leases, and other authorizations necessary for the construction, operation, and maintenance of the transportation system approved under this Act. Declares that the actions of Federal officers and agencies under this Act shall not be subject to judicial review by the courts. Allows for claims that: (1) actions under this Act will deny Constitutional rights; and (2) actions taken are beyond the scope of authority conferred by this Act, provided that such claims are filed within 60 days following the date of the challenged action. Vests exclusive jurisdiction to hear such claims in the United States Court of Appeals for the District of Columbia, acting as a special court. Stipulates that any judicial proceedings should be completed at the earliest possible date. Declares that nothing in this Act shall authorize or imply an exemption from provisions of the antitrust laws.
United States · United States Congress · 20 September 1977
Amends the Internal Revenue Code to: (1) remove the adjusted gross income limitation on the credit for the elderly; (2) increase the amount of the credit; and (3) provide an annual cost-of-living adjustment for the credit.
United States · United States Congress · 15 September 1977
Expresses the sense of the Congress that any right to, title to, or interest in the property of the United States Government agencies in the Panama Canal Zone or any real property and improvements thereon located in the zone should not be conveyed, relinquished, or otherwise disposed of to any foreign government without specific authorization of such conveyance, relinquishment, or other disposition by any Act of Congress.
United States · United States Congress · 7 September 1977
Amends the Internal Revenue Code to provide that income received from nonmember telephone companies shall not be used in determining whether mutual and cooperative telephone companies qualify as tax exempt organizations.
United States · United States Congress · 5 August 1977
National Crude Oil Supply and Transportation Act - Expresses the intent of Congress that the continuation of a transportation system to deliver Alaskan crude oil to Northern Tier or inland States be accomplished through expedited administrative procedures. Directs the Secretary of the Interior to establish a time schedule for the completion of required environmental impact statements in order to select a crude oil transportation system by February 1, 1978. Establishes criteria to be considered by the Secretary in selecting a transportation route. Directs the Secretary and other appropriate Federal officials to take all actions necessary to provide rights of way, permits, leases, and other authorizations necessary for the construction, operation, and maintenance of the transportation system approved under this Act. Declares that the actions of Federal officers and agencies under this Act shall not be subject to judicial review by the courts. Allows for claims that: (1) actions under this Act will deny Constitutional rights; and (2) actions taken are beyond the scope of authority conferred by this Act, provided that such claims are filed within 60 days following the date of the challenged action. Vests exclusive jurisdiction to hear such claims in the United States Court of Appeals for the District of Columbia, acting as a special court. Stipulates that any judicial proceedings should be completed at the earliest possible date. Declares that nothing in this Act shall authorize or imply an exemption from provisions of the antitrust laws.
United States · United States Congress · 5 August 1977
Veterans Health Care Amendments Act - Requires the Administrator of Veterans' Affairs to furnish initial readjustment professional counseling (including a general mental and psychological assessment) for any veteran with readjustment problems who requests such aid within four years after his discharge or release from service, or within two years after enactment of this Act, whichever is later. Requires further mental health services on an outpatient basis if a physician employed by the Veterans' Administration determines on the basis of initial counseling that such services are necessary for the veteran's successful readjustment. Directs the Chief Medical Director to provide for the training of professional, paraprofessional, and lay personnel necessary to carry out such programs. Directs the Administrator to ensure that all potentially eligible veterans are advised of such potential eligibility. Authorizes the Administrator to provide a preventive health care program to ensure the best possible health care for veterans with service-connected disabilities. Directs the Administrator to provide for a health maintenance pilot program to demonstrate the medical advantages and cost-effectiveness of furnishing comprehensive preventive health care services to veterans with varied types and degrees of service-connected disabilities. Requires a comprehensive annual report to Congress on such programs. Requires the Administrator to carry out programs providing inpatient and outpatient treatment and rehabilitation services on a nationwide basis to eligible veterans suffering from alcohol or drug dependence or abuse disabilities. Directs the Administrator to assist the Secretary of Labor in providing veterans receiving such treatment with appropriate job and training opportunities. Requires the Administrator, when an applicant for such treatment has received a less than honorable discharge from the armed services, to advise such applicant of his right to apply for review and correction of such discharge. Requires the provision of such services to eligible veterans who are charged with or convicted of any criminal offense and who are not confined and not required to participate in such a treatment program; and permits provision of such services, under specified conditions, to eligible veterans similarly charged or convicted, if a court does require participation in such a program. Allows a member of the active armed services with alcohol or drug problems to transfer to any Veterans' Administration facility for treatment within the last 30 days of such member's tour of duty. Directs the Secretary of Health, Education and Welfare and the Administrator to coordinate the Professional Standards Review program carried out under part B of title XI (General Provision) of the Social Security Act and the comparable programs carried out by the Department of Medicine and Surgery to assess the quality of patient care in Veterans' Administration health care facilities. Requires the Chief Medical Director, through the Administrator, to report to Congress on the effectiveness of such coordination. Requires the Chief Medical Director to report to Congress, not later than three months after the end of each fiscal year, on all activities in which he or a designee, as a representative of the Veterans' Administration, has participated in an advisory or coordinating capacity with respect to programs carried out by the executive branch.
United States · United States Congress · 28 July 1977
National Crude Oil Supply and Transportation Act - Expresses the intent of Congress that the continuation of a transportation system to deliver Alaskan crude oil to Northern Tier or inland States be accomplished through expedited administrative procedures. Directs the Secretary of the Interior to establish a time schedule for the completion of required environmental impact statements in order to select a crude oil transportation system by February 1, 1978. Establishes criteria to be considered by the Secretary in selecting a transportation route. Directs the Secretary and other appropriate Federal officials to take all actions necessary to provide rights of way, permits, leases, and other authorizations necessary for the construction, operation, and maintenance of the transportation system approved under this Act. Declares that the actions of Federal officers and agencies under this Act shall not be subject to judicial review by the courts. Allows for claims that: (1) actions under this Act will deny Constitutional rights; and (2) actions taken are beyond the scope of authority conferred by this Act, provided that such claims are filed within 60 days following the date of the challenged action. Vests exclusive jurisdiction to hear such claims in the United States Court of Appeals for the District of Columbia, acting as a special court. Stipulates that any judicial proceedings should be completed at the earliest possible date. Declares that nothing in this Act shall authorize or imply an exemption from provisions of the antitrust laws.
United States · United States Congress · 20 July 1977
Directs the Institute of Medicine of the National Academy of Sciences to conduct a one year review of toxic and carcinogenic substances including: (1) current capabilities to predict the effect on humans of substances found to induce cancer in animals; (2) the benefits and risks to the public of such substances; (3) the validity of benefit-risk analysis of such substances; and (4) the relationship of Federal regulatory policies concerning the use of such substances for food and for non-food purposes. Directs the Institute to report its findings and legislative and administrative recommendations to the Congress and the Secretary of Health, Education, and Welfare within one year. Authorizes the continued use of saccharin for eighteen months. Prohibits the Secretary from taking any action under the Federal Food, Drug, and Cosmetic Act to prohibit or restrict the sale or distribution (other than requiring labeling) of saccharin.
United States · United States Congress · 13 July 1977
Amends Title XI (General Provisions) of the Social Security Act to require the appointment of an optometrist to the National Professional Standards Review Council and the participation by optometrists in the activities of local professional standards review organizations pursuant to the requirements of such Title.
United States · United States Congress · 27 June 1977
Alcohol Fuel Act - Amends the Internal Revenue Code: (1) to allow the election of a deduction with respect to the amortization, based on a 60-month period, of any qualified facility producing alcohol from coal, wood, waste, or agricultural products for primary use as a motor fuel; (2) to exempt from specified excise taxes the sale of any gasoline or fuel at least ten percent of which is alcohol; and (3) to allow the tax-free withdrawal from bonded premises of distilled spirits to the extent such spirits are alcohol produced by a qualified alcohol-producing facility for primary use as motor fuel.
United States · United States Congress · 24 June 1977
Amends the Federal Water Pollution Control Act to stipulate that specified regulations of the Secretary of the Army, acting through the Corps of Engineers, with respect to discharges for dredged or fill material, shall remain in effect for the period ending on the day following final adjournment of the 95th Congress.
United States · United States Congress · 6 June 1977
Amends the Internal Revenue Code to provide that income received from nonmember telephone companies shall not be used in determining whether mutual and cooperative telephone companies qualify as tax exempt organizations.
United States · United States Congress · 24 May 1977
Title I: Meat and Meat Products - Requires, under the Federal Meat Inspection Act, the package or container of any imported meat or meat products capable of use as human food to be labeled in such a way as to inform consumers that such product was imported. Requires that such products meet the same health standards as domestically produced meats. Requires testing of imported meat in the countries from which such meat is being imported. Directs that periodic tests be conducted in the United States by the Department of Agriculture also. Authorizes the Secretary of Agriculture to prescribe such assessments and fees as he determines necessary to cover the Departments costs under this Title. Title II: Dairy Products - Prohibits the importation of dairy products into the United States unless the Secretary of Health, Education, and Welfare certifies the products as wholesome and pure. Requires the Secretary to establish standards for imported products comparable to standards imposed upon domestic dairy products. Directs the Secretary, where and to the extent necessary, to inspect imported dairy products and require such products to be accompanied by a certificate of compliance issued by the Secretary. Requires imported dairy products to comply with United States labeling and packaging requirements. Requires that imported dairy products be labeled in such a way as to inform consumers that such product was imported.
United States · United States Congress · 24 May 1977
Restricts the importation of fresh, chilled, or frozen beef, goat, and sheep meat to entry under specified tariff classifications, regardless of form, classification as processed, change in tariff classification, executive definition, or entry into the United States through any foreign trade zone and modification in form within the trade zone.
United States · United States Congress · 23 May 1977
Public Disclosure of Lobbying Act - Requires organizations which expend more than $1,250 per quarter year or which employ at least one or more individuals who spend a specified amount of time engaged in lobbying activities to register with the Comptroller General and to update such registration annually. Requires the identification of any persons retained for lobbying purposes and the source and amounts of income of such organization as a part of such registration. Requires such organization to file quarterly reports concerning such lobbying activities including: (1) listing of total lobbying expenditures including each expenditure over $35 made to or for the benefit of any Federal officer, congressional employee, or Member of Congress; (2) expenditures made for dinners or receptions; and (3) the issue for which lobbying was carried out identified by bill number or agency involved. Requires the Comptroller General to make copies of each registration and report required by this Act available for public inspection and copying. Requires the Comptroller General to render written advisory opinions upon request of any individual or organization with respect to the requirements of this Act. States that anyone who acts in good faith reliance upon such advisory opinion shall be presumed to be in compliance with this Act. Requires the Comptroller General to enforce this Act using informal methods of conference or conciliation or, if necessary, by referring apparent violations to the Attorney General. Sets forth civil and criminal sanctions for violation of this Act. Repeals the Federal Regulation of Lobbying Act.
United States · United States Congress · 23 May 1977
Provides that the income tax treatment of certain transportation expenses between the taxpayer's residence and place of work shall be determined without regard to Revenue Ruling 76-453 or any other ruling, regulation or decision reaching the same result.
United States · United States Congress · 18 May 1977
Postal Reorganization Act Amendments - Changes the organizational structure of the United States Postal Service by: (1) naming the Postmaster General chief executive officer and vesting in the Postmaster General the powers formerly held by the Board of Governors; (2) revising the procedures for adjustment of rates and services whereby the Postal Service is authorized to request the Congress to authorize appropriations to defray the estimated costs of the Postal Service for the fiscal year, to request a recommended decision of the Postal Rate Commission, or to propose a change in the nature of postal services; (3) requiring that all proposed capital investments by the Postal Service be reviewed by the Post Office and Civil Service Committees of the Senate and the House of Representatives; and (4) requiring the Postal Rate Commission to submit to the President annually a separate budget for its operating expenses. Prohibits reducing the frequency of mail delivery service below the frequency which was in effect on April 21, 1977.
United States · United States Congress · 13 May 1977
Directs the Secretary of the Army, acting through the Chief of Engineers, to carry out certain road maintenance activities on access roads to Fort Peck Dam, Montana.
United States · United States Congress · 13 May 1977
Directs the Secretary of the Army, acting through the Chief of Engineers, to construct and maintain a rock breakwater to protect a marina located on Fort Peck Lake, Montana.
United States · United States Congress · 11 May 1977
Designates service as a Member of the Women's Air Forces Service Pilots as active duty for the purposes of all laws administered by the Veterans' Administration.
United States · United States Congress · 11 May 1977
Directs the House Committee or Standards of Official Conduct to meet and vote before June 1, 1977, upon whether to undertake a formal investigation of those Members of the House who have publicly admitted accepting money or other emoluments from the Republic of Korea or agents thereof.
United States · United States Congress · 28 April 1977
Exempts courses which lead to a standard college degree from the "85-15" rule under which the Administrator of Veterans' Affairs is required to disapprove enrollment of any eligible veteran, not already enrolled, in any course where more than 85 percent of the students enrolled have their fees paid by either the Federal Government or the educational institution itself.
United States · United States Congress · 27 April 1977
Directs the Administrator of the Energy Research and Development Administration to make a complete study of the use of grain, grain products, or their derivatives in the development and use of fuels. Details various factors to be included in such study and recommendations to Congress for further research, development, and demonstration activities. Stipulates that such report to Congress shall be completed no later than one year after the date of enactment of this Act.
United States · United States Congress · 25 April 1977
Amends the Postal Reorganization Act Amendments of 1976 to extend to June 15, 1977, the period during which the Postal Service is prohibited from: (1) increasing rates and fees to levels exceeding those in effect on the date of enactment of the Act; (2) offering levels and types of services which are less than those available on July 1, 1976; and (3) closing certain postal facilities which were in operation on July 1, 1976.
United States · United States Congress · 21 April 1977
International Social Security Health Agreements Act - Amends title XVIII (Medicare) of the Social Security Act to authorize the President to enter into agreements establishing reciprocal arrangements between the health insurance program established by such title and the program of any foreign country under which hospital, medical, and other health services are provided directly to entitled individuals or under which insurance is provided to meet all or part of the expenses of entitled individuals for health services. Requires that any such agreement specify: (1) the nature and extent of payment to be made to or on behalf of individuals entitled to benefits; (2) limitations on the nature and duration of health services and on entitlement of individuals to benefits on a reciprocal basis under an agreement in the United States and in the foreign country; and (3) the methods by which the cost of providing health services on a reciprocal basis shall be shared by the United States and the foreign country. Directs the Secretary of Health, Education, and Welfare to make rules and regulations and establish procedures which are reasonable and necessary to implement and administer any agreement which has been entered into in accordance with this Act. Authorizes the Secretary to enter into interim arrangements with any hospital in a foreign country which is accredited by the Joint Commission on Accreditation of Hospitals, or such other hospitals as the Secretary finds meet specified health and safety standards.
United States · United States Congress · 18 April 1977
Amends the Consolidated Farm and Rural Development Act to increase the limitation requirements regarding real estate loans: (1) from $225,000 to $500,000 as to the unpaid indebtedness against the farm or other security at the time the loan is made; and (2) from $100,000 to $250,000 as to the loans to any one borrower. Increases from $50,000 to $150,000 the ceiling on the total principal indebtedness which may be outstanding at any one time for operating loans.
United States · United States Congress · 18 April 1977
Suspends for one year the enforcement of specified restrictions on irrigation of private lands under the Department of the Interior reclamation projects.
United States · United States Congress · 18 April 1977
Emergency Farm Credit Act - Title I: Emergency Loan Guaranty Authority - Directs the Secretary of Agriculture to guarantee loans to farmers and ranchers, and to private domestic corporations and partnerships controlled by farmers and ranchers and engaged directly and primarily in farming or ranching, in the United States who, individually or as their principle stockholders and partners, are citizens of the United States. Allows a contract that guarantees such loan to require the Secretary of Agriculture to participate in up to 90 percent of any loss. Restricts the total principal balance outstanding at any one time to $500,000 on loans guaranteed under this act for any one loan applicant. Terminates the authority to guarantee loans under this Act on December 21, 1978. Allows the lender to accept collateral for such guaranteed loans which has depreciated in value due to temporary economic conditions, but which remains adequate security for the loan.
United States · United States Congress · 5 April 1977
Right to Private Records Act - Prohibits any financial institution from disclosing to any State or to any subdivision of any State any financial record of a customer unless such customer has so authorized or a valid search warrant, subpena or summons has been obtained according to the terms of this Act. States that no officer, employee or agent of any financial institution, communication common carrier, creditor or credit reporting agency holding any financial, toll, or credit record who is required by law to notify any law enforcement official or any political subdivision of any State of any criminal law violation which such person believes is being committed shall disclose any information except in accordance with this Act. Makes provisions for general or limited authorization of disclosure of any financial, toll, or credit record by means of a written statement containing specified information. Permits revocation of such authorization by written notification at any time, and otherwise limits to one year, any authorization to disclose. Prohibits any financial institution, communication common carrier, creditor, credit reporting agency or other person from requiring any person to make such authorization as a condition for doing business. Prescribes standards for the issuance of search warrants and judicial subpenas. Provides that a court may grant a subpena with a temporary delay of notification for a period of not greater than 90 days following the date of issuance if it finds, on the basis of an affidavit or sworn testimony, that it has been affirmatively demonstrated that such notification would jeopardize a continuing investigation of any crimes enumerated in this Act. Allows courts to enter ex parte orders granting an additional delay of such notification period not to exceed 180 days. Requires judges who grant or deny such delays to report to the Administrative Office of the United States Courts the particulars of such request. States that the Director of such office shall transmit to the Congress an annual report concerning the number of applications for extension of delay and the number of extensions granted or denied during the preceding calendar year. Grants standing to move to quash a subpena to any person to whom the financial, toll, or credit record ordered to be disclosed relates. Sets civil remedies available to persons injured by violations of this Act, including actual and punitive damages, attorney's fees and injunctive relief. Sets criminal penalties imposed on persons violating this Act. Prohibits any officer, employee, or agent of any person or government agency from intercepting, in the course of carrying out the business operations of such person or agency, oral or wire communications by or to any other officer, employee, or agent of such person or agency unless: (1) written notice is given; (2) such interceptions are for the purpose of training; (3) such interceptions occur only during the period specified in the notice required by this Act; (4) there is no recording of such communication; and (5) such person whose communication is intercepted has given written consent.
United States · United States Congress · 5 April 1977
Requires the Congressional Record for the House of Representatives to contain an accurate and verbatim account of remarks actually delivered on the floor of the House together with supporting data. Limits revisions of verbatim remarks in the Record to the correction of grammatical and typographical errors which do not change the meaning, content, or substance of those remarks. Entitles Members to insert in the Records remarks not actually delivered on the floor. Stipulates that such insertions always be clearly distinguishable from verbatim remarks.
United States · United States Congress · 31 March 1977
Amends the Tariff Schedules of the United States to permit the duty-free importation of crude petroleum and crude shale oil from Canada, when an equivalent amount of the same kind and quality of domestic or duty-paid foreign crude petroleum and crude shale oil has been exported to Canada within 30 days prior to entry.
United States · United States Congress · 31 March 1977
Amends Title XVIII (Medicare) of the Social Security Act to provide payment for optometric and medical vision care under the supplementary medical insurance program.
United States · United States Congress · 30 March 1977
Food Additive Safety Amendments - States that a food additive shall be deemed safe if the Secretary of Health, Education, and Welfare (1) makes a finding, based on recommendations of an advisory committee, that the public benefit from permitting the use of such additive would exceed the public risk which might result from such use; (2) gives notice in the Federal Register of such a finding and invites public comment thereon; and (3) issues a final order not earlier than 120 days of such publication in the Federal Register of such findings. Specifies factors the Secretary must take into consideration when evaluating a food additive. Deems saccharin a safe food additive unless the Secretary declares it unsafe under the provisions of this Act.
United States · United States Congress · 24 March 1977
Grants to the Administrator of the Federal Grain Inspection Service, under the United States Grain Standards Act, discretion as to the subjects and processes about which he shall require appropriate agencies and persons to maintain complete and accurate records with respect to the official inspection and official weighing of grain. Repeals the requirement that the State and other official and State agencies designated to perform inspection or weighing functions pay fees to the Administrator to cover the costs of the direct supervision of personnel of such agencies by the field office personnel of the Federal Grain Inspection Service. Authorizes appropriations to cover such costs. Establishes a 12 member advisory committee to advise the Administrator with respect to the implementation of the United States Grain Standards Act of 1976. Requires such committee to terminate 18 months after the enactment of this Act. Makes numerous technical amendments to the United States Grain Standards Act, as amended by the United States Grain Standards Act of 1976, including: (1) deleting the general exception to the provision limiting the number of official agencies for inspection or weighing to one for any geographic area; (2) authorizing the Administrator to make exceptions to the general prohibition against the official inspection of grain samples not physically located within the geographical area assigned to an official agency; and (3) limiting the performance of appeal weighing to employees of the Federal Grain Inspection Service. Prohibits any person from knowingly making any false representation that any weighing service under the United States Grain Standards Act, as amended, has been performed with respect to grain. Prohibits any person acting under a license or authorization to perform official functions under the United States Grain Standards Act from certifying or stating in writing or performing any analysis to determine: (1) the subclass of Hard Red Winter wheat on the basis of color or on the basis of the dark, hard, and vitreous kernel content; or (2) the percentage of dark, hard, and vitreous kernels in Hard Red Winter Wheat.
United States · United States Congress · 22 March 1977
Amends Title XVIII (Medicare) and Title XIX (Medicaid) of the Social Security Act to include as "medical and other health services" for which coverage will be provided under Medicare, and as "medical assistance" for which coverage will be provided under Medicaid, that medical or other remedial care furnished by licensed (registered) nurses within the scope of their practices as defined by State law.
United States · United States Congress · 21 March 1977
Amends the Internal Revenue Code to repeal the carryover basis provisions enacted by the Tax Reform Act which provide that beneficiaries receiving property from a decedent's estate will retain the decedent's basis in the property. Restores prior law which "stepped up" or "stepped down" the property's basis to its market value at the time of death without imposing tax consequences on the appreciation or depreciation the property underwent while held by the decedent.
United States · United States Congress · 17 March 1977
Entitles to a civil service annuity those employees of the Bureau of Indian Affairs or of the Indian Health Service: (1) who complete 25 years of service before December 31, 1989, or who become 50 years of age before December 31, 1989, but complete 20 years of service before that date ; (2) who were employed continuously from June 17, 1974, to the date of separation; and (3) who are not otherwise entitled to full retirement benefits or to an Indian preference. Sets forth the method of computation of such annuity.
United States · United States Congress · 17 March 1977
Family Farm Preservation Act - Amends the Federal Deposit Insurance Act to prohibit any insured bank from investing any of the funds of a common trust fund or other fund for the collective investment of assets held by the bank as fiduciary, agent, or in any similar capacity, in real estate used principally for agricultural purposes.
![Official portrait of Rep. Marlenee, Ron [R-MT-2]](https://www.congress.gov/img/member/m000139_200.jpg)