United States · United States Congress · 4 January 1977
Amends the Local Public Works Capital Development and Investment Act of 1976 to increase the amount authorized to be appropriated under such Act to $6,000,000,000.
United States · United States Congress · 1 October 1976
Requires the Secretary of the Interior to: (1) designate the home of Charles S. Peirce, known as Arisbe House, and surrounding property not in excess of ten acres, in the Delaware Water Gap National Recreation Area, Pennsylvania, a National Historic Site; (2) restore such house and establish and maintain a museum dedicated to the works of Charles S. Peirce therein; and (3) construct a building near such house to be used as a center for the study of philosophy, mathematics, logic, and pure science. Authorizes the appropriation of such sums as may be necessary to carry out the purposes of this Act.
United States · United States Congress · 30 September 1976
Bridge Safety Act - Title I: Bridge Program - Declares it to be the finding of Congress that a bridge repair and replacement program to enable a State to repair or replace highway bridges which are unsafe is in the vital interest of the Nation. Authorizes the Secretary of Transportation to approve Federal participation in a State project to repair or replace a bridge under a needs formula as established in this Act. Stipulates that the Federal share of any such project shall not exceed 90 percent of its cost. Authorizes appropriations out of the Highway Trust Fund of $180,000,000 for the period beginning July 1, 1976, and ending September 30, 1976, and $720,000,000 for each of the fiscal years 1977 through 1990 for such purpose. Title II: Extension of Highway Trust Fund and Certain Related Provisions - Extends appropriations under the Highway Revenue Act of 1956 for the Highway Trust Fund through fiscal year 1990. Extends the Land and Water Conservation Fund through fiscal year 1990. Postpones specified excise tax reductions under the Internal Revenue Code of 1954.
United States · United States Congress · 22 September 1976
Alaska Natural Gas Transportation Act - Expresses the intent of Congress that the selection of a natural-gas transportation system for delivery of Alaska natural gas to other States be made through the establishment of new administrative and judicial procedures. Directs the Federal Power Commission to establish special procedures for expedited review of applications and reasonable alternatives relating to the transportation of Alaska natural gas. Directs the Commission to complete its review and transmit its findings to the President by March 1, 1977. Requires that reports from other agencies which the President shall deem appropriate be submitted by April 1, 1977. Establishes criteria for information to be considered in such reports. Directs the President to make a final decision as to proposed systems for the transportation of Alaskan natural gas not later than July 1, 1977. Establishes procedures for Congressional review of such Presidential decision. Directs the Secretary of the Interior and other appropriate Federal officials to issue all necessary action to enforce all rights-of-ways, permits, and leases related to the construction and operation of such natural gas transportation system. Requires compliance with requirements of the Mineral Leasing Act of 1920 relating to rights-of-way for pipelines through Federal lands. Exempts authorizations issued pursuant to this Act from requirements concerning: (1) compliance with National Environmental Policy Act provisions; (2) technical and financial capacity of applicants; (3) public hearings; and (4) furnishing of specified information and reports. Stipulates that an environmental impact statement on the proposed project shall be prepared at the earliest practicable time after the issuance of all necessary permits. Declares that the legal or factual sufficiency of such environmental statement shall not be subject to judicial review. Authorizes the Secretary and the Commission to develop procedural requirements of Federal law where desirable to accomplish the purposes of 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) this Act is unconstitutional; (2) actions under this Act will deny Constitutional rights; and (3) 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. Declares that exclusive jurisdiction shall be vested in the United States District Court for the District of Columbia, with review of any final order limited to direct appeal to the United States Supreme Court. Declares that the district court shall not have the power to issue injunctive relief against the issuance of any certificate, except in cases where a final judgment is entered. Requires that any recommendation for the construction of such a transportation system require connection with pipeline facilities serving the State of Pennsylvania.
United States · United States Congress · 20 September 1976
Amends the Internal Revenue Code to allow taxpayers to credit against the income tax specified higher education expenses, including tuition, fees, books and supplies, incurred by the taxpayer for himself or any dependent. Limits the credit to those expenses incurred for each individual which do not exceed $100 during taxable year 1977, $150 during 1978, $200 during 1979, and $250 each taxable year commencing thereafter. Limits the credit to expenses incurred by full time students at institutions of vocational and higher education, minus scholarships and veterans benefits. Limits the total credit allowed the taxpayer to his income tax liability minus the sum of all other credits applied thereto. Disallows any deduction of educational expenses used to determine the amount of the credit allowed by this Act.
United States · United States Congress · 26 August 1976
Authorizes the President to issue a proclamation designating the week beginning October 3, 1976, and ending October 9, 1976, as "National Volunteer Firemen Week."
United States · United States Congress · 9 August 1976
Bridge Safety Act - Title I: Bridge Program - Declares it to be the finding of Congress that a bridge repair and replacement program to enable a State to repair or replace highway bridges which are unsafe is in the vital interest of the Nation. Authorizes the Secretary of Transportation to approve Federal participation in a State project to repair or replace a bridge under a needs formula as established in this Act. Stipulates that the Federal share of any such project shall not exceed 90 percent of its cost. Authorizes appropriations out of the Highway Trust Fund of $180,000,000 for the period beginning July 1, 1976, and ending September 30, 1976, and $720,000,000 for each of the fiscal years 1977 through 1990 for such purpose. Title II: Extension of Highway Trust Fund and Certain Related Provisions - Extends appropriations under the Highway Revenue Act of 1956 for the Highway Trust Fund through fiscal year 1990. Extends the Land and Water Conservation Fund through fiscal year 1990. Postpones specified excise tax reductions under the Internal Revenue Code of 1954.
United States · United States Congress · 27 July 1976
Bridge Safety Act - Title I: Bridge Program - Declares it to be the finding of Congress that a bridge repair and replacement program to enable a State to repair or replace highway bridges which are unsafe is in the vital interest of the Nation. Authorizes the Secretary of Transportation to approve Federal participation in a State project to repair or replace a bridge under a needs formula as established in this Act. Stipulates that the Federal share of any such project shall not exceed 90 percent of its cost. Authorizes appropriations out of the Highway Trust Fund of $180,000,000 for the period beginning July 1, 1976, and ending September 30, 1976, and $720,000,000 for each of the fiscal years 1977 through 1990 for such purpose. Title II: Extension of Highway Trust Fund and Certain Related Provisions - Extends appropriations under the Highway Revenue Act of 1956 for the Highway Trust Fund through fiscal year 1990. Extends the Land and Water Conservation Fund through fiscal year 1990. Postpones specified excise tax reductions under the Internal Revenue Code of 1954.
United States · United States Congress · 22 July 1976
Expresses the sense of the Congress that no individual whose social security or railroad retirement benefits are increased should suffer, by reason of such increase, a loss of or reduction in any pension which he or she (or any member of his or her family) is otherwise entitled to receive under laws administered by the Veterans' Administration. Stipulates that the House and Senate Committees on Veterans' Affairs should without delay consider and report legislation eliminating the possibility of any loss of or reduction in pensions payable under laws administered by the Veterans' Administration on account of increases in social security or railroad benefits.
United States · United States Congress · 19 July 1976
Modifies the project for flood protection on the North Branch of the Susquehannah River, New York and Pennsylvania, to direct the Secretary of the Army to relocate the village of Nelson, Pennsylvania.
United States · United States Congress · 25 June 1976
Creates a House select committee which shall conduct an investigation of all records, memorandums, papers, documents, books, and other information of any standing or select committee of the House or officer of the House respecting expenses incurred by or on behalf of any such committee or its members or employees.
United States · United States Congress · 23 June 1976
Establishes in the House of Representatives a select committee to be known as the Select Committee on Narcotics Abuse and Control. Provides that the select committee shall conduct a continuing comprehensive study and review of the problems of narcotics abuse and control and shall review any recommendations made by the President, or by any department or agency of the executive branch of the Federal Government, relating to programs or policies affecting narcotics abuse or control. Authorizes the select committee to conduct field investigations or inspections. Requires the select committee to submit an annual report to the House which shall include a summary of the activities of the select committee during the calendar year to which such report applies.
United States · United States Congress · 22 June 1976
Amends the Tariff Schedules of the United States to repeal the duty imposed on (1) articles assembled abroad with components produced in the United States, and (2) specified metal articles manufactured in the United States and exported for further processing.
United States · United States Congress · 15 June 1976
Solar Energy Incentive Act - Allows an individual to take a tax credit, under the Internal Revenue Code, in an amount equal to 25 percent of the qualified solar heating and cooling equipment expenditures incurred by the taxpayer with respect to his principal residence to the extent such expenditures do not exceed $8,000, plus that portion of the qualified State or local real property taxes paid or accrued for the taxable year or accrued for the taxable year attributable to such solar heating and cooling expenditures. Authorizes an individual to take a tax deduction for a part of the acquisition costs of any qualified solar heating and cooling equipment for any residence. Limits such deduction to the lesser of ten percent of the acquisition costs or $800 or $400 for the third year of such acquisition.
United States · United States Congress · 4 June 1976
Small Post Office Preservation Act - Prohibits the United States Postal Service from closing any post office which serves a rural area or small town unless: (1) a majority of the persons regularly served by such post office approve the closing; (2) it establishes a rural station or branch which provides the same postal services as the post office and does not result in any change in the mailing address of persons served by such post office; or (3) it establishes a rural route to serve the area involved. Allows the Postal Service to establish a rural route as a substitute for an existing post office only upon making specified determinations.
United States · United States Congress · 4 June 1976
Small Business Tax Incentive Act - Title I: Small Business Independence and Continuation - Amends the Internal Revenue Code to establish graduated corporate income tax rates. Increases the estate tax exemption from $60,000 to $200,000. Changes the limitation on the aggregate amount of the estate tax marital deduction from 50 percent of the value of the gross estate to $100,000 plus 50 percent of the value of the estate. Increases the gift tax exclusion from $3,000 to $9,000, and the gift tax exemption from $30,000 to $90,000. Replaces the present gift tax schedule with a flat rate of 75 percent of whatever the estate tax on such a sum would be. Provides that a distribution of property by a corporation in redemption of stock to pay death taxes shall be treated as a distribution in full payment in exchange for the stock if all of the stock of such corporation which is included in determining the value of the decedent's gross estate is either, (1) more than 20 percent (generally, 35 percent), of the value of the gross estate of such decedent, or (2) more than 40 percent (generally, 50 percent) of the taxable estate of such decedent. Title II: Small Business Growth Incentives - Allows a taxpayer to choose the cash method of accounting in any case where inventory is an income determining factor and the ending inventory for the taxable year does not exceed $200,000. Establishes a graduated investment tax credit. Amends the definition of a small business corporation to allow domestic corporations with up to 20 shareholders (presently, ten) to qualify for subchapter S treatment. Allows a small business to make a subchapter S election at any time during the taxable year. Allows to a business a credit equal to 50 percent of the wages paid during the taxable year to new employees, up to two employees and $20,000 for the taxable year. Allows a similar credit for new disadvantaged employees up to a maximum of $60,000 per taxable year. Allows the practical cost recovery method to be used in computing depreciation. Title III: Small Business Tax Simplification - Provides a special rule for treatment of net operating loss adjustments in the case of new corporations. Increases the minimum credit on accumulated earnings from $150,000 to $500,000. Redefines "section 1244 stock" to mean common stock in a corporation if: (1) such corporation during its preceding taxable year derived more than 50 percent of its aggregate gross receipts from sources other than royalties, rents, dividends, interest, annuities, and sales or exchanges of stock or securities; and (2) the equity capital of such corporation does not exceed $1,000,000. Increases the losses on section 1244 stock which may be treated as ordinary losses from $25,000 to $50,000.
United States · United States Congress · 3 June 1976
Provides that funds shall not be expended from the contingent fund of the House of Representatives for allowances to Members, officers, or standing committees of the House except through the adoption of a resolution by the House of Representatives.
United States · United States Congress · 2 June 1976
Establishes in the House of Representatives the Select Committee on Nuclear Proliferation and Nuclear Export Policy. Directs the Committee to conduct a full and complete study of: (1) the threat of nuclear proliferation; (2) the present policies of the United States concerning nuclear proliferation; (3) the decisionmaking process within the executive branch on nuclear export policies; and (4) any related areas which the committee deems necessary to investigate and study to discharge its responsibilities. Directs the committee to report to the House as soon as practicable the results of its investigation and study, together with such recommendations as it deems advisable.
United States · United States Congress · 2 June 1976
Expresses the sense of the House of Representatives that the United States Postal Service shall not close or suspend the operation of any post offices, unless there is a clear and compelling need to do so. Encourages the service to continue cost-cutting programs which do not affect levels of service.
United States · United States Congress · 18 May 1976
Consumer Communications Reform Act - States that Congress finds that the revenues from integrated interstate and foreign common carrier telecommunications services helped maintain a level of charges for telephone exchange service which is lower than otherwise would be required. Expresses the sense of Congress that the authorization of lines, facilities, or services of specialized carriers which duplicate the lines, facilities, or services of other telecommunications common carriers is contrary to the public interest. Reaffirms the intent of Congress that the complete authority to regulate terminal and station equipment used for telephone exchange service shall rest with the States even though such terminal and station equipment also may be used in connection with interstate services. Amends the Communications Act of 1934 to provide that no compensatory charges for or in connection with such communication service may be found to be unjust or unreasonable on the ground that it is to low. Prohibits the Federal Communications Commission from holding the charge of a carrier up to a particular level to protect the traffic or revenues from a communication service offered or provided by another carrier if such charge proposed by the carrier is compensatory. Grants the Commission jurisdiction to approve the acquisition of control by a domestic common carrier of any other domestic common carrier or to approve the acquisition by a person which is not a common carrier of control of any domestic common carrier or the acquisition of the whole or any part of the property of a domestic common carrier after determining that the acquisition is in the public interest. Provides that the Commission shall not grant or authorize any construction permit, station license, or certificate, for the construction, acquisition, or operation of any communication or transmission line or facility, or extension thereof, or any modification or renewal thereof, unless the Commission shall find, after full opportunity for evidentiary hearing on the record, that such permit, license, or certificate will not result in increased charges or unnecessary duplication of communication lines.
United States · United States Congress · 12 May 1976
Amends the Small Business Act to provide that loans shall be made to small business concerns in order to facilitate the conversion to the metric system of measurement.
United States · United States Congress · 12 May 1976
Amends the Federal Property and Administrative Services Act to provide that a fair proportion of Federal contracts for architectural and engineering services are made with small business concerns.
United States · United States Congress · 30 April 1976
Authorizes under the Federal Civil Defense Act of 1950 the use of Federal civil defense funds by local civil defense agencies for natural disaster relief. Increases the Federal contribution for travel expenses and per diem allowances for students in civil defense training programs and increases the Federal financial contribution to States for civil defense personnel and administrative expenses. Increases the authorization for appropriations under such Act for travel expenses, for personal equipment for State and local workers,and for personnel and administrative expenses.
United States · United States Congress · 27 April 1976
Allows a tax credit, under the Internal Revenue Code, in an amount equal to the lesser of 20 percent of the qualified investment or $5,000,000, but the credit shall not exceed 50 percent of the liability for tax for the taxable year. Defines the term "qualified investment" to mean investment in tangible property located in a development area certified by the Secretary of Commerce as development property which is outside any standard metropolitan statistical area, the population of which exceeds 300,000. Recaptures such tax credit if property which was certified development property placed in service during either of the two preceding taxable years is disposed of or ceases to be certified development property with respect to the taxpayer. Allows any portion of the credit which exceeds the limitations to be carried back to the three preceding taxable years and carried forward to the seven taxable years following the unused credit year. Requires the Secretary of Commerce to report annually to the Congress with respect to the amount of and the economic effects of such tax credit.
United States · United States Congress · 27 April 1976
Amends the Internal Revenue Code to allow an individual to take a tax deduction for the amount of the ordinary and necessary expenses paid or incurred by the individual during the taxable year for transportation between the individual's residence and his principal place of employment.
United States · United States Congress · 27 April 1976
Amends Title II (Old-Age, Survivors, and Disability Insurance) of the Social Security Act to provide for the payment of reduced old-age insurance benefits to women at age 55, and to provide for the payment of full wife's or widow's benefits at such age.
United States · United States Congress · 13 April 1976
Establishes an 11 member Commission on the Humane Treatment of Animals to study the treatment of animals. Requires that the membership include zoologists, veterinarians, and representatives from humane societies. Requires the Commission to determine if animals are caused needless pain or suffering as a result of their treatment: (1) on farms; (2) in zoos; (3) in laboratory experimentation; and (4) in other situations. Excludes the study or treatment of animals occurring in connection with the exercise of any religion. Directs the Commission to report its findings to the Congress and the President within two years after its last member is appointed. Terminates the Commission 60 days after it submits its final report. Authorizes appropriaions of $750,000 per year to carry out the provisions of this Act.
United States · United States Congress · 13 April 1976
Provides, under the Trade Act of 1974, that in determining worker eligibility for trade adjustment assistance due to unemployment caused by an increase in imports, any certification of eligibility to apply for such assistance which was issued by the Secretary of Labor during calendar year 1975 shall apply to any worker whose last total or partial separation from the affected firm occurred on or after January 1, 1973.
United States · United States Congress · 8 April 1976
Establishes in the House of Representatives a select committee to conduct a full investigation and study into the management of water releases by New York City from its reservoirs located in the Catskill Mountains into the Neversink-Delaware River system. Specifies that the study shall include an examination of the impact of such releases: (1) on the environment; (2) on aquatic life in the river system;(3) on recreational use of the system; (4) on the health of individuals living near the system or using the waters of the system; and (5) on energy generated from water diverted from the system.
United States · United States Congress · 7 April 1976
Amends the Federal Water Pollution Control Act to require the United States to pay the entire cost of lateral sewer connections between Federal-assisted sewerage collection systems and single-family residences of low-income elderly persons age 65 or older.
United States · United States Congress · 6 April 1976
Entitles any veteran who is discharged or released from active duty by reason of hardship to 36 months of educational assistance. (Amends 38 U.S.C. 16661)
United States · United States Congress · 6 April 1976
National Diabetes Advisory Board Act - Directs the Secretary of Health, Education, and Welfare to establish a National Diabetes Advisory Board to insure the implementation of the long-range plan formulated by the National Commission on Diabetes to combat diabetes. Specifies seven Federal health officers as members of the Board, in addition to seven health professionals and five members of the general public to be appointed by the Secretary. Makes provision for staffing and compensation. Authorizes the Board to enter into contracts or other arrangements, or to take such other action as may be necessary to carry out its functions. Authorizes the Board to engage in and sponsor activities, collect data, and provide technical assistance as it deems necessary and advisable in the performance of its functions. Requires the Board to submit simultaneously to the President and Congress an Annual Diabetes Report describing Board activities in the prior year and progress made in diabetes research, treatment, and education with specific reference to the long-range plan to combat diabetes mellitus and suggesting recommended future expenditures and legislation. Authorizes the appropriation of $500,000 for fiscal year 1976 and such sums as are necessary for each of the four fiscal years thereafter. Authorizes the Secretary to make distinguished scientist awards to individual scientists who have shown continuous and outstanding productivity in diabetes research for the purpose of continuing such research. Limits the amount of each grant to no more than $35,000 per year. Authorizes the appropriation of specified amounts for the purpose of making such grants in fiscal years 1976-1980. Authorizes, under the Public Health Service Act, the appropriation of specified sums in fiscal years 1977-1981 for the purpose of making grants to centers for research and training in diabetes mellitus and related endocrine and metabolic disorders.
United States · United States Congress · 1 April 1976
Electric Utilities Rate Reform Act - Directs State and local electric utility regulatory authorities to implement and maintain rate schedules which distribute costs to consumer classes in accordance with consumption patterns. Requires that rate schedules accurately reflect long-run incremental costs of service and that price differentials between consumer classes reflect actual document differentials in cost of service. Prohibits regulatory authorities from allowing recoupment of promotional and advertising expenses, unless such expenses finance efforts encouraging the consumption of electricity or the shifting of electricity consumption from peak load period to off-peak load periods. Establishes standards to regulate monthly changes in rates by the use of fuel adjustment clauses. Establishes standards for determining the effective date of proposed changes in rates and schedules. Authorizes the Federal Power Commission to provide financial assistance to non-Federal regulatory authorities as necessary to meet additional costs incurred as a result of complying with provisions this Act.
United States · United States Congress · 25 March 1976
Authorizes the balance to the credit of an employee who is a beneficiary of an exempt trust or annuity, under the Internal Revenue Code, to be paid out within one taxable year of the employee, on account of a termination of the employee benefit plan without inclusion in the gross income of such employee if such benefit payment is transferred to an individual retirement annuity, account, or bond within 60 days. Makes technical and conforming amendments.
United States · United States Congress · 25 March 1976
Amends the Internal Revenue Code to disallow the foreign tax credit for any income, war profits, or excess profits tax paid or accrued to any foreign country with respect to foreign oil-related income.
United States · United States Congress · 18 March 1976
Amends the Social Security Act to maintain the inpatient hospital deductible under the medicare program at the level which was applicable during calendar year 1975.
United States · United States Congress · 18 March 1976
Prohibits a refiner of petroleum products from cancelling, failing to renew, or otherwise terminating a petroleum products franchise without furnishing prior written notification. Prohibits a refiner or distributor from terminating any such franchise except for one of the following reasons: (1) failure of the holder of the franchise to comply substantially with any essential and reasonable requirement imposed; (2) failure of the holder of the franchise to act in good faith; or (3) withdrawal of the refiner or distributor from doing business in the State where the terminated franchise is located. Prohibits a person who is a major market shareholder (as defined in the Emergency Petroleum Allocation Act of 1973) from commencing or expanding the operation of any distributorship or retail establishment whose personnel are under the control of such major market shareholder or entity controlled by such shareholder. Establishes procedures for injured parties to bring civil actions in United States district court without regard to the amount in controversy. Imposes criminal penalties of up to $1,000,000 for knowing violation of the provisions of this Act.
United States · United States Congress · 11 March 1976
Increases the estate tax exemption for taxable estates under the Internal Revenue Code from $60,000 to $200,000 of the value of the gross estate. Increases the limitation on the aggregate marital deduction to 50 percent of the adjusted gross value of the estate, plus $100,000. Allows an executor to value farmland, woodland, and scenic open land at its current use value rather than at its fair market value.
United States · United States Congress · 3 March 1976
Expresses the sense of Congress that the U.S. Postal Service should not close or otherwise suspend the operation of any post office during the six-month period beginning on the date of adoption of this resolution.
United States · United States Congress · 2 March 1976
Civilian Conservation Corps Act - Directs the Secretary of Agriculture and the Secretary of the Interior to establish a Civilian Conservation Corps for the purpose of providing employment for unemployed persons through useful public projects in connection with the conservation, improvement and utilization of the natural resources of lands and waters under the ownership or control of the United States or its agencies. Sets forth eligibility requirements to be met by persons employed under this Act as Corps members. Directs that preference for employment shall be given to persons residing in areas having an unemployment rate of 6.5 percent or greater for three consecutive months. Limits employment of Corps members under this Act to a period of 24 months total employment. Sets forth the duties of the Secretaries under this Act. Authorizes the Secretaries to make grants to the States to assist them in employing unemployed individuals to carry out projects under this Act. Authorizes the appropriation of such sums as are necessary to carry out the purposes of this Act.
United States · United States Congress · 2 March 1976
Public Works Employment Act - Title I: Local Public Works Capital Development and Investment Act - Authorizes the Secretary of Commerce, acting through the Economic Development Administration, to make grants to any State or local government for local public works projects, including but not limited to: (1) those public works projects of State and local governments for which Federal financial assistance is authorized under provisions of law other than this Act; and (2) the architectural design, engineering, and related planning of local public works projects. Stipulates that the Federal share of any project for which a grant is made under this Act shall be 100 percent of the cost of such project. Authorizes the Secretary to make an additional grant for the purpose of increasing to 100 percent the Federal contribution to a public works project for which Federal financial assistance is authorized under provisions of law other than this title. Stipulates that no such grants shall be made for any project which has as its principal purpose the channelization, damming, dredging, or diversion of a natural watercourse, or the enlargement of any canal other than a canal designated as a historic site. Directs the Secretary to prescribe those rules, regulations, and procedures necessary to carry out this Act. Lists factors that the Secretary shall consider in accordance with the relative needs of the various sections of the country, with priority consideration to those areas where unemployment exceeds the national average. Stipulates that not less than one-half of one percent nor more than ten percent of all amounts authorized under this title shall be allocated for local public works projects within any one State. Authorizes the appropriation of $2,500,000,000 through fiscal year 1977 in order to carry out this title. Title II: - Amends the Public Works and Economic Development Act of 1965 to impose the following limitations on appropriations for the purpose of making and guaranteeing loans, purchasing evidences of indebtedness, or paying interest subsidies under the Act: $55,000,000 for fiscal year 1974, $75,000,000 for fiscal year 1975, and $200,000,000 for fiscal year 1976. Authorizes the payment of interest subsidies of an amount sufficient to reduce the interest paid on guaranteed loans of up to four percentage points. Repeals the authority of the Secretary of Commerce to initiate job opportunities programs in eligible areas. Prescribes additional criteria for selection of such programs for Federal funding, including such additional factors as the ability to create and maintain productive employment of a permanent nature without continued Federal funds. Directs the Secretary of Commerce to give priority consideration in the job opportunities program to those areas where unemployment exceeds the national average. Stipulates that not less than one-half of one percent nor more than 15 percent of all amounts authorized for the program shall be allocated to any one State. Authorizes States and localities to submit proposals for job opportunities programs in eligible areas. Directs the Secretary to give priority consideration to those projects originally sponsored by States and localities. Repeals limitations on the use of funds for job opportunities programs where non-labor costs exceeded 25 percent. Authorizes the appropriation of $1,000,000,000 for fiscal year 1976 for the job opportunities program, subject to the requirement that no further obligation of funds may be made if the national average rate of unemployment falls below 6.5 percent for three consecutive months. Stipulates that programs originally approved for Federal funds shall not become ineligible for continued assistance under the job opportunities program solely because of increased construction costs. Authorizes the appropriation of $1,417,968,050 for fiscal year 1977 in the form of construction grants for treatment works as provided for in the Federal Water Pollution Control Act. Specifies a formula for the allotment of such funds to the States. Directs the Administrator of the Environmental Protection Agency to report to Congress with recommendations for a more equitable allotment formula within 45 days from the enactment of such provision.
United States · United States Congress · 2 March 1976
Elderly Housing Act - Increases by $650,000,000 the amount authorized to be appropriated under the Housing Act of 1959 for the loans for housing for the elderly program.
United States · United States Congress · 2 March 1976
Amends the Internal Revenue Code to change the excise tax on large cigars to an ad valorem tax based on wholesale price per thousand. Requires every manufacturer of tobacco products, every importer, and every export warehouse proprietor to maintain records which shall be available for inspection by Internal Revenue officers. Defines the term "wholesale price" with respect to cigars.