United States · United States Congress · 22 May 1973
Small Business Tax Simplification and Reform Act - Title I: Tax Simplification Relating to Small Business - Creates a Committee on Tax Simplification for Small Business for the purpose of devoting continued attention to the simplification of the Internal Revenue Code to small business, and the regulations, instructions, procedures, and other publications relating to small business taxation. Provides that the membership of the Committee would include representatives of the Secretary of the Treasury (for policy matters); Internal Revenue Service (for technical matters); Office of Management and Budget (for coordinating the paperwork aspects of IRS forms, in view of the Federal Reports Act) and the Small Business Administration to express the interests of the small business community. Creates in the Treasury Department an Office of Small Business Analyst, which would be responsible for looking at tax problems primarily from the view of small business and the free enterprise system. Calls upon the Treasury Department for a comprehensive study of depreciation policies with particular attention to: the impact of legislation; the rapid advances in technology to which small business must adapt; and the practices of other industrialized nations. Calls upon the Treasury to study the entire range of pension, retirement, health, medical, and insurance benefits in the larger context of what both corporations (including large corporate enterprise) and other forms of business are providing for their employees and executives. Authorizes a special study of the differential effect of tax law changes on businesses of different sizes. Title II: Adjustment of Corporate Normal Tax - Effects a progressive reform in the entire corporate tax structure by providing for reductions in normal corporate tax rates based on the corporations earning. Provides that as corporate earnings rise above $1 million per year the normal tax would incline upward to a maximum of 24 percent for corporations earning over $1 billion annually. Title III: Special Provisions to Encourage Establishment of New Small Business Enterprises - Permits eligible new small business corporatians on income tax deduction equal to the corporations net operating income so long as that amount does not exceed $2083. Allows an income tax deduction to a partnership for its oragnizational expenses ratably over a period of 60 months. Provides for a bad debt tax deduction for guarantors of obligations of, and lenders, to, small business corporations. Title IV: Provisions to Assist Small Business Growth - Increases the additional first-year depreciation limitation for small business property from $10,000 to $20,000. Extends the period for use of the loss carryover provisions for small businesses by allowing existing corporations to carry these losses over a ten year period. Raises the earning credit in accordance with the costs of doing business to $150,000. Allows the expenses of certain types of small business stock flotations, such as those under Regulation A and section 1244 of the Code, which are not otherwise deductible, to be amortized over a period of 60 months. Allows research and development expenses of small business to be amortized beginning at the time they are made. Permits a limited number of surtax exemptions (up to 5) in the event members of a family are placed in proprietary positions where they have ownership of at least 50 percent of the stock (or other interest) and full time management of a separately incorporated unit of a family business. Title V: Provisions Relating to Partnerships - Allows the closing of the partnership year for a decedent at any of the following times: (1) normal close of the partnership year if there has been no prior sale, exchange, or liquidation of the partnership interest; (2) the date of any of the above described transactions; or (3) the day after the partner's death. Permits a partner to deduct currently his share of partnership losses in excess of the adjusted basis of his partnership interests, in the event that the partner is unconditionally obligated for his share of such partnership losses. Title VI: Provisions Relating to Subchapter S Corporations - Allows enlargment of the Subchapter S "tax-option" small business corporations in the following 3 ways: (1) initial shareholders could number 15, rather than the present 10; (2) shareholders in excess of this ceiling who take their stock by reason of heirship would not disqualify election; and (3) after 5 years, the number of permissible shareholders would increase to 25. Provides that the classes of shareholders would be expanded to include: (1) trusts where stock passes pursuant to a will, and where the trust is used merely to convey the stock to a long term eligible holder within 60 days; (2) trusts where the entire income is taxable to the grantor; and (3) small business investment companies, subject to such income. Provides for nondisqualification of a Subchapter S corporation by reason of exceeding the limit of 20 percent passive income in a single year. Provides that the election privilege could still be lost pursuant to this proposal if the limit is exceeded in any 2 of 4 consecutive years. Provides that if the corporation is able to establish that the termination was, in fact, inadvertent and gain full compliance within 90 days of notification, its Subchapter S status would be preserved for future years. Title VII: Business Development Corporations - Permits State and local development companies to extend long-term financing to non-bankable new enterprises and such companies would be permitted a bad-debt reserve deduction up to 10 percent of outstanding loans. Provides that certain types of business development corporations would be nontaxable upon the condition that the proceeds from such unusual transactions are re-invested the area of service and no part of these proceeds insures to the benefit of any individual or private institution. Title VIII: Preservation of Small Business Independence - Allows recovery of losses in 1 or 2 quarters to the extent the newly estimated tax for the year is less than the amount already paid in. Disallows interest deductions beyond $500,000 on any loan for small business acquistion purposes. Permits valuation comparisons with any similar closely held corporation whether or not it is listed on an exchange. Changes the standard of "undue hardship" (required to qualify for 10-year estate tax installments) to "hardship." Directs the Treasury to conduct a comprehensive examination of the pressures of income taxes, capital gains tax, reorganization rules, and estate and gift taxes which are causing so many small business to sell or merge out of existence rather than continue in independent form.
United States · United States Congress · 15 May 1973
States that a household shall not participate in the food stamp program while any of its members is on strike. Provides that such ineligibility shall not apply to any household that was eligible for and participating in the food stamp program immediately prior to the start of such strike, dispute, or other similar action in which any member of such household engages. (Amends 7 U.S.C. 2014, 2012)
United States · United States Congress · 10 May 1973
Disaster Preparedness and Assistance Act - Title I: Findings, Declarations, and Definitions - Sets forth Congressional findings, declaration of purpose and the definitions of the terms used in this Act. Title II: Disaster Assistance Administration - Provides that all requests for disaster assistance from the Federal Government under this Act shall be made by the Governor of the affected State. Authorizes the President to coordinate, in such manner as he may determine, the activities of all Federal agencies providing disaster assistance. Authorizes any Federal agency charged with the administration of a Federal assistance program, if so requested by the applicant State or local authorities, to modify or waive, for the duration of a major disaster, such administrative procedural conditions for assistance as would otherwise prevent the giving of assistance under such programs if the inability to meet such conditions is a result of the disaster. Provides that the Federal Government shall not be liable for any claim based upon the exercise or performance of or the failure to exercise or perform a discretionary function or duty on the part of a Federal agency or an employee of the Federal Government in carrying out the provision of this Act. Provides that any individual willfully violating any order or regulation under this Act shall be fined not more than $10,000 or imprisoned for not more than one year or both for each violation. States that any individual who violates any order or regulation under this Act shall be subject to a civil penalty of not more than $5,000 for each violation. Provides that whoever wrongfully misapplies the proceeds of a loan or other cash benefit obtained under any section of this Act shall be civilly liable to the Federal Government in an amount equal to one and one-half times the original principal amount of the loan or cash benefit. Title III: Emergency Assistance - Sets forth the presidential authority in providing emergency disaster assistance. States that emergency work or services for purposes of this Act shall not extend beyond thirty days following the President's initial determination that emergency services are required, except that this limitation may be waived by the President where he deems extraordinary circumstances warrant such waiver. Title IV: Disaster Loans - Authorizes the President to make or guarantee disaster loans to individuals, business concerns, and other legal entities in a major disaster area to replace, restore, or repair private property damaged or lost in the disaster, to the extent it is not covered by insurance. Authorizes the President to make or guarantee loans to small business concerns for working capital and operating expenses, to the extent that a major disaster has created a need for such loans. Authorizes the President to make or guarantee disaster loans to any industrial, commercial, agricultural, governmental, or other enterprise that has constituted a major source of employment in an area suffering a major disaster and is no longer in substantial operation as a result of such disaster. Authorizes the President to make disaster loans to any local government that demonstrates a need, as a result of a major disaster, of financial assistance in order to perform its governmental functions. States that the amount of any such disaster loan shall be based on need, and shall not exceed 10 percent of the annual operating budget of that local government. Sets forth the terms and conditions for such loans. Creates within the Treasury a separate fund which shall be available to the President without fiscal year limitation as a revolving fund for the purpose of this Act. Authorizes to be appropriated to the fund from time to time such amounts as may be necessary for the fund. Title V: Disaster Grants for Needy Families - Authorizes the President to make a grant to any State in a major disaster area for the purpose of assisting the State in indemnifying the uninsured property losses of needy families, and thereafter, to aid such families in meeting such other extraordinary disaster-related expenses as the State may recognize. States that the amount of such grant shall be determined by the President on the basis of evidence supplied by the Governor of the affected State as to the number of low-income families affected by the disaster; but the grant to the State shall not exceed an amount equal to $3,000 per low-income family. Provides that the actual disbursement of the funds made available to the State under this Act shall be made by the Governor or his designated representative according to eligibility requirements to be determined by the Governor or his designated representative. States that no family shall receive payments under this Act in excess of $4,000. Title VI: Grants to States - Authorizes the President to make grants to States for the benefit of persons or parties adversely affected by a major disaster, for the following purposes: (1) provision of essential human needs and services, including but not limited to food, communications, water, clothing, utility services, and public transportation; (2) replacement, restoration, repair, or construction of specified facilities; and (3) debris and timber removal from public or private lands and waters, when in the public interest. States that the amount of funds to be granted under this Act shall be based upon 75 percent of the estimated cost of relief for losses sustained as a result of the major disaster in the categories of assistance specified in this Act. Sets forth the administrative operation for such grants. Title VII: Disaster Preparedness Assistance - Authorizes the President to establish a program of disaster preparedness that utilizes services of all appropriate agencies. States that upon application by the States, the President is authorized to make grants, not to exceed $250,000, for the development of plans, programs, and capabilities for disaster preparedness. Provides that such grants shall be available for a period of one year from the date of enactment. Title VIII: Miscellaneous Provisions - States that as a condition of any disaster loan or grant made under the provisions of this Act, the recipient shall agree that any repair or construction to be financed therewith shall be in accordance with applicable standards of safety, decency, and sanitation and in conformity with applicable codes, specifications, and standards, and shall furnish such evidence of compliance with this Act as may be required by regulation. Provides where an existing timber sale contract between the Secretary of Agriculture or the Secretary of the Interior and a timber purchaser does not provide relief from major physical change not due to negligence of the purchaser prior to approval of construction of any section of specified road or of any other specified development facility and, as a result of a major disaster, a major physical change results in additional construction work in connection with such road or facility by such purchaser with an estimated cost, as determined by the appropriate Secretary, (1) of more than $1,000 for sales under one million board feet, (2) of more than $1 per thousand board feet for sales of one to three million board feet, or (3) of more than $3,000 for sales over three million board feet, such increased construction cost shall be borne by the United States. Authorizes funds to be appropriated for the purpose of this Act.
United States · United States Congress · 10 May 1973
Authorizes the President to issue a proclamation designating the week in November which includes Thanksgiving Day in each year as "National Family Week".
United States · United States Congress · 3 May 1973
Provides for voluntary agreements between ministers and their employers to treat ministers as employed persons for purposes of coverage under title II of the Social Security Act (Old-Age, Survivors' and Disability Insurance).
United States · United States Congress · 3 May 1973
Food Supplement Amendment - Defines the term "food supplement" for purposes of the Federal Food, Drug, and Cosmetics Act to mean food for special dietary uses, and defines the meaning of "special dietary uses" as particular uses of food for man which meets specified requirements. Provides that in administering such Act the Secretary of Health, Education, and Welfare: (1) shall not limit the potency, number, combination, amount, or variety of any synthetic or natural vitamin, mineral, substance, or ingredient of any food supplement unless such article is intrinsically injurious to health in the recommended dosage; and (2) shall not require a warning label on any food supplement unless such article is intrinsically injurious to health in the recommended dosage.
United States · United States Congress · 2 May 1973
Provides that, notwithstanding any other provision of law or any other regulation, no State shall receive a lesser allocation of water pollution control funds in fiscal year 1973 or fiscal year 1974 than it received in fiscal year 1972.
United States · United States Congress · 19 April 1973
Regional Development Act - Makes it the purpose of this Act to effect a better balance of economic and population growth between urban and rural areas of the Nation by promoting, through locally initiated and regionally coordinated projects, the development of improved transportation systems, industrial development manpower training, educational and health delivery services, housing construction, environmental protection, and comprehensive planning in those areas where such public services and employment opportunities do not exist or are presently insufficient. Title I: National Development Agency and Regional Development Commissions - Establishes the National Development Agency, as an independent agency in the executive branch, to provide a set of national economic development goals, and to aid their implementation through projects provided for under this Act and funded by development commissions. Authorizes contiguous States, or otherwise closely related States, to form a Development Commission for the purpose of this Act. Provides that each such Commission shall have one Federal member, and decisions by a Commission shall require the affirmative vote of such member. Provides that Regional Commissions established under title V of the Public Works and Economic Development Act of 1965 shall continue in operation as Development Commissions established under this Act until the States comprising such Regional Commissions are included in Development Commissions established under this Act. Title II: General Public Works Development Grants - Authorizes each Development Commission: (1) to make direct public works development grants for the acquisition or development of land and improvements for public works, public service, or development facilities; (2) to make public works development grants for the operation of projects assisted under part (1); and (3) to make grants for demonstrations of the value of adequate facilities and services to the development of regions; including the acquisition of land and the construction of facilities incident thereto. Provides that grants made under this title shall not exceed 50 percent of the cost of such project. Provides that not less than 10 percent nor more than 20 percent of the funds appropriated to carry out this part for any fiscal year shall be available to provide development grants for any community or neighborhood which the applicable State and Commission determine have one of the following conditions: (1) a large concentration of low-income persons; (2) rural areas having a substantial outmigration; (3) substantial unemployment; or (4) an actual or threatened abrupt rise of unemployment due to the closing or curtailment of a major source of employment. Provides that, to the maximum extent possible, projects assisted under this Act shall be carried out through departments, agencies, or instrumentalities of the Federal Government or of State or local governments. Provides that no grant shall be made under this title unless the project for which assistance is intended by such grant is approved by the appropriate development district as consistent with its development plan. Provides that not later than July 1, 1974, each Development Commission, after consultation with the Environmental Protection Agency and appropriate Federal and State officials, shall promulgate guidelines designed to assure that possible adverse economic, social, and environmental effects relating to any proposed project have been fully considered in developing such project. Requires each Development Commission in allocating funds appropriated under this title to consider: (1) the potential for increasing the income levels of families within the region; (2) the potential for reducing the rates of unemployment within the region; (3) the relative needs for public works, facilities, and services of areas within such region; and (4) the value of any class of projects in relation to other classes of projects which may be in competition for the same funds in realizing the purposes of this Act. Title III: Special Rural Development Grants - Authorizes each Development Commission to make grants to any qualified entity within a State in order to fund up to 100 percent of the cost of projects which are consistent with the rural economic development plans of a State and of the development district. Authorizes such Commission to make special grants to any entity within a State in order to enable such entity to take maximum advantage of all Federal grant-in-aid programs for which it is eligible, but due to its economic situation it cannot supply the required matching share or local contribution. Provides that such qualified entities shall be rural areas within a State. Title IV: Miscellaneous Provisions - Provides that no State shall be eligible to receive assistance under this Act unless the aggregate expenditures of State funds, exclusive of Federal funds, for the benefit of the area within the State eligible for such assistance are maintained at a level which does not fall below the average level of such expenditures for its last two full fiscal years preceding the date of enactment of this Act. Transfers the functions conferred on the Secretary of Commerce under the Public Works and Economic Development Act of 1965 to the National Development Agency. Sets forth definitions of terms used in this Act. Title V: Authorizations of Appropriations and Allocations - Authorizes to be appropriated to the Agency for the Development Commissions to remain available until expended for the purpose of carrying out titles I and II of this Act not to exceed $2,000,000,000 for fiscal year 1975, $2,500,000,000 for fiscal year 1976, and $3,000,000,000 for fiscal year 1977. Authorizes to be appropriated to the Agency for the Development Commissions to remain available until expended for the purpose of carrying out title III of this Act not to exceed $1,000,000,000 for fiscal year 1975, and such sums thereafter as may be necessary. Sets forth formulas for the allocation of authorized appropriations under this Act.
United States · United States Congress · 11 April 1973
Makes it the sense of Congress that it shall be the policy of the United States to require repayment of the longstanding debts which are delinquent in nature. Makes it the sense of Congress that the Department of the Treasury submit to the Congress within ninety days of passage of this resolution a list and report on the extent of such indebtedness on the part of foreign nations. Declares that it is the sense of Congress that the Department of the Treasury, through the appropriate departments and agencies, should, immediately after the filing of this report, begin consultations with foreign governments involved for the purpose of making arrangements for the prompt repayment of those longstanding debts which are delinquent.
United States · United States Congress · 22 March 1973
Constitutional Amendment - Provides that nothing contained in the U.S. Constitution shall abridge the right of persons lawfully assembled, in any public building which is supported in whole or in part through the expenditure of public funds, to participate in voluntary prayer.
United States · United States Congress · 21 March 1973
Provides for the inclusion of .22 caliber rimfire ammunition in the catagories of ammunition for which persons holding a Federal license to do business as a firearms or ammunition importer, manufacturer, or dealer need not keep records on purchasers. (Amends 26 U.S.C. 4182(c))
United States · United States Congress · 1 March 1973
Provides that no license granted for the operation of a broadcasting station under the Communications Act of 1934 shall be for a longer term than five years. Provides for renewal of such license where the Federal Communications Commission finds that the public interest, convenience, and necessity would be served. Provides that an applicant for renewal who is legally, financially and technically qualified shall be awarded the license if such applicant shows that its broadcast service during the preceding license period has reflected a good-faith effort to serve the needs and interests of its area as represented in its immediately preceding and pending license renewal application and if it has not demonstrated a callous disregard for law or the Commission's regulations.
United States · United States Congress · 28 February 1973
Flood Control Act - Authorizes specified works of improvement for the benefit of navigation and the control of destructive floodwaters to be prosecuted by the Secretary of the Army, acting through the Chief of Engineers. Provides that as soon as practicable after the date of enactment of this Act and at least once each year thereafter, the Secretary, acting through the Chief of Engineers, shall review and submit to the Congress a list of those authorized projects which have been authorized for at least eight years and which he determines should no longer be authorized. Requires the Secretary to obtain the views of interested parties and of the Governor of each wherein such projects would be located. States that a project on such list shall no longer be authorized at the end of a period of 180 days of continuous session of Congress after the date such list is delivered to it. Authorizes the Secretary, acting through the Chief of Engineers, to cooperate with any State in the preparation of comprehensive plans for the development, utilization, and conservation of the water and related resources of drainage basins located within the boundaries of such States and to submit to Congress reports and recommedations with respect to appropriate Federal participation in carrying out such plans. Authorizes appropriations of not to exceed $2,000,000 annually to carry out this section. Authorizes specified projects and studies for flood protection in designated areas. Designates the Trotlers Shoals Dam and Lake, Savannah River, Georgia and South Carolina, as the Richard B. Russell Dam amd lake. Authorizes the Secretary to establish the Big South Fork National River and Recreational Area in the States of Kentucky and Tennessee for the purpose of conserving and interpreting an area containing unique cultural, historical, geologic, fish, and wildlife, archaeolgic, scenic and recreational values. Shoreline Erosion Control Demonstration Act - Directs the Secretary of the Army to establish and conduct a five year national shoreline erosion control development and demonstration program. Provides that the program shall consist of planning, construction, operating, evaluating, and demonstrating prototype shoreline erosion control devices, both engineered and vegetative. States that such projects shall be undertaken at not less than two sites on the shoreline of the Atlantic, Gulf, and Pacific coasts, at no less than one site on the Great Lakes, and at locations of serious erosion along the shore of the Delaware Bay. Establishes a Shoreline Erosion Advisory Panel which shall consist of fifteen members appointed by the Secretary. Sets forth the functions of the Panel. Requires the Secretary to submit an annual program progress report, including therein contributions of the Panel to the chairman of the Senate and House of Representatives Committees on Public Works. Authorizes to be appropriated for fiscal year 1974 and for the succeding four fiscal years $6,000,000 to carry out the provisions of this Act. Authorizes the Secretary to plan and construct projects for the control of streambank erosion in the United States and its possessions.
United States · United States Congress · 27 February 1973
Constitutional Amendment - Provides that no public school student shall, because of his race, creed, or color, be assigned to or required to attend a particular school. Grants Congress the power to enforce this article by appropriate legislation.
United States · United States Congress · 8 February 1973
Makes it the sense of the House of Representatives that the Government of the United States should maintain and protect its sovereign rights and jurisdiction over said Canal Zone and Panama Canal and that the United States Government should in no way cede, dilute, forfeit, negotiate, or transfer any of these sovereign rights, power, authority, jurisdiction, territory, or property to any other sovereign nation or to any international organization which sovereign rights, power, authority, jurisdiction, territory, and other property are indispensably necessary for the protection and security of the United States and the entire Western Hemisphere, including the Canal and Panama.
United States · United States Congress · 6 February 1973
Directs the Secretary of the Treasury to provide for the striking of medals in commemoration of Roberto Walker Clemente in a number not to exceed two hundred thousand.
United States · United States Congress · 5 February 1973
Provides, under the Federal Trade Commission Act, that exclusive territorial arrangements in any trademark licensing contract or agreement for the manufacture, distribution and sale of a trademarked food product shall not be deemed unlawful, provided: (1) that such product is in free and open competition with products of the same general class manufactured, distributed, and sold by others; (2) the licensee is in free and open competition with vendors of other products of the same general class; and (3) the licensor retains control over the nature and quality of such product in accordance with the provisions of the Trademark Act. (Amends 15 U.S.C. 41)
United States · United States Congress · 31 January 1973
Provides that no person may present a major sporting event to the public by means of any type of electronic medium unless a permit has been issued by the Federal Communications Commissioner. Sets forth standards that an applicant for such a permit must satisfy. Provides that any person who presents a major sports event in violation of this Act shall forfeit to the United States a sum of money not in excess of the gross receipts with respect to such event by such person.
United States · United States Congress · 23 January 1973
Makes it a Federal crime to kill or assault a fireman or law enforcement officer engaged in the performance of his duties when the offender travels in interstate commerce or uses any facility of interstate commerce for such purpose. Provides for imposition of a sentence for a term of years up to life or upon the recommendation of the jury, death for the killing of such persons. (Adds 18 U.S.C. 1116)
United States · United States Congress · 22 January 1973
Provides that the funds allocated by the Secretary of Agriculture for the purpose of carrying into effect the rural environmental assistance program pursuant to the Soil Conservation and Domestic Allotment Act for fiscal year l973, shall be fully expended for such purpose in such fiscal year.
United States · United States Congress · 22 January 1973
Authorizes the Commissioner of Education to make grants to State education agencies to enable them to develop and carry out program to provide, through the use of students to institutions of higher education, tutoring and instructional assistance, under the supervision of a qualified teacher, for homebound handicapped children who, though able to benefit from preschool, elementary, or secondary education, are prevented by their handicaps from attending school. Requires local educational institutions that apply for funds under this program to give special consideration to veterans qualified for vocational financial need. Requires that the compensation for participating college students shall be between the Federal minimum wage set by the Commissioner and the maximum wage set by the Commissioner. Requires that the aim of such program shall be to integrate the handicapped into society, and to avoid the development of a segregated, permanent system of educcation for the handicapped. Provides that the Commissioner shall make grants under this Act to State educational agencies on the merits of their proporsal to him which shall be submitted on such application forms and under such guidelines as he shall prescribe. Authorizes $55,000,000 for fiscal year 1974, and necessary funds for fiscal years 1975 and 1976, to carry out the purposes of this Act. Requires the Commissioner to allocate the first 25 percent of such funds to each State in proporation to the ratio that the number of children aged three to twenty-one in the State bears to the number of such children in all the States. Authorizes the Commissioner of Education to make grants to State education agencies to enable them to develop and carry out programs to provide, through the use of students in institutions of higher education, tutoring and instructional assistance, under the supervision of a qualified teacher, for homebound handicapped children who, though able to benefit from preschool, elementary, or secondary education, are prevented by their handicaps from attending school. Requires local educational institutions that apply for funds under this program to give special consideration to veterans qualified for vocational rehabilitation, and to students with greater financial need. Requires that the compensation for participating college students shall be between the Federal minimum wage set by the Commissioner and the maximum wage set by the Commissioner. Requires that the aim of such program shall be to integrate the handicapped into society, and to avoid the development of a segregated, permanent system of education for the handicapped. Provides that the Commissioner shall make grants under this Act to State educational agencies on the merits of their proposals to him which shall be submitted on such application forms and under such guidelines as he shall prescribe. Authorizes $55,000,000 for fiscal year 1974, and necessary funds for fiscal years 1975, and 1976, to carry out the purposes of this Act. Requires the Commissioner to allocate the first 25 percent of such funds to each State in proportion to the ratio that the number of children aged three to twenty-one in the State bears to the number of such children in all the States.
United States · United States Congress · 18 January 1973
Repeals the provisions of law under the Internal Revenue Code which relate to the checkoff procedure for financing presidential election campaigns. (Repeals 26 U.S.C. 6096)
United States · United States Congress · 18 January 1973
Extends the authorizations through fiscal year 1974 for the following programs under the Public Works and Economic Development Act of 1965: (1) grants for public works and development facilities; (2) public works and development facility loans; (3) technical assistance, research and information related to public works and development facilities; (4) financial assistance for projects in economic development districts; and (5) supplemental funds for Federal grants-in-aid programs for economic development regions. Provides that no area designated as a redevelopment area for purposes of the Act shall have such designation terminated or modified before June 1, 1974, unless the qualified local governing body of the county specifically requests the such action.
United States · United States Congress · 18 January 1973
Highway Safety Act - Authorizes appropriations to specified highway safety programs and highway safety research and development programs. Authorizes the appropriation of $150,000,000 for fiscal 1974 and $225,000,000 for fiscal 1975 for the elimination of hazards of railway-highway crossings. Authorizes the appropriation of $225,000,000 for fiscal 1974 and $450,000,000 for fiscal 1975 for bridge construction and replacement. Establishes special pavement marking programs and appropriates $125,000,000 for both fiscal 1974 and 1975 to be available until expended to carry out such programs. Authorizes the Secretary of Transportation to carry out safety research on the following subjects: (1) the relationship between the consumption and use of drugs and their effect upon highway safety and drivers of motor vehicles; and (2) driver behavior research. Authorizes to be appropriated for each of the fiscal years 1974 and 1975 the sum of $100,000,000 to eliminate or reduce the hazards at specific locations or sections of highways which have high accident experiences or high accident potentials, such study to be conducted by the Federal Highway Administration. Provides that two-thirds of such funds authorized and expended in any fiscal year shall be appropriated out of the Highway Trust Fund. Requires each State to report to the Secretary not later than September 30, 1974, and every September 30 of each year thereafter, on the progress being made to implement projects for high-hazard locations and the effectiveness of such improvements. Directs the Secretary to conduct a full and complete investigation of the use of the mass media and other techniques for informing the public of means and methods for reducing the number and severity of highway accidents. Directs the Secretary to conduct an investigation of ways and means for encouraging greater citizen participation and involvement in the traffic enforcement process. Directs the Secretary to make a study of the feasibility of establishing a National Center for Statistical Analysis of Highway Operations designed to acquire, store, and retrieve highway accident data and standardize the information and procedures for reporting accidents on a nationwide basis. Requires the Secretary to report to the Congress his findings and recommendations not later than January 1, 1975. Authorizes the Secretary to make a full and complete investigation and study of pedestrian safety and report his findings and recommendations to the Congress no later than January 31, 1975. Provides that no State shall receive less than one-half of one percent of all funds authorized to be appropriated for highway safety. Allows the Secretary to make incentive grants to states which have attained above average results in carrying out safety programs.
United States · United States Congress · 18 January 1973
Health Care Insurance Act - Provides, under the Social Security Act, for medical, dental, and hospital care through a system of voluntary health insurance financed in whole for low-income groups through issuance of certificates, and in part for all other persons through allowance of tax credits. Adds to the Social Security Act a new title entitled Federal Financing of Voluntary Health Insurance. Provides that, for the purpose of providing assistance on behalf of the individuals and their dependents whose income and resources are insufficient to meet the costs of necessary medical, dental, and hospital services, there is established a program of hospital, dental, and medical benefits for any eligible beneficiary and his dependents through the issuance of health insurance certificates, in full payment of allowable premium on a qualified health care insurance policy of his choice. Asserts that health insurance certificiates of entitlement will be redeemable by the carrier by payment from the Federal Health Insurance Redemption Fund. Includes as eligible beneficiaries under this title any husband and wife both under age 65 and living together and any unmarried person under age 65 who is not a dependent beneficiary. Defines a dependent beneficiary as any child of an eligible beneficiary receiving more than 50 percent of his support from the eligible beneficiary, which child is under 21, or if a student, under age 23. Provides that every individual who is an eligible beneficiary whose income results in no individual income tax liability during his base year, whose dependent beneficiaries have no such liability for their taxable years which end during his base year, and who is not eligible to receive military medical care, shall be eligible to receive a health insurance certificate of entitlement. Asserts that such certificates shall be applicable in full payment of allowable premiums for a qualified health care insurance policy or plan. Requires that such policy or plan shall provide protection for the eligible beneficiary and his dependent beneficiaries for a 12-month period beginning during his benefit year against the expenses of health care, including catastrophic expenses of illness. Allows tax credits for health care insurance. Asserts that every individual who is an eligible beneficiary who has not elected, where eligible, to receive benefits under the provisions for fully-paid health care insurance for the low-income group and who is not eligible to receive military medical care, shall be allowed at his election a credit against his income tax liability for his taxable year which ends during his base year; or a health insurance certificate of entitlement acceptable by a qualified carrier in payment toward a premium, under a qualified health care insurance policy. Specifies the amount of the tax credit or the value to be assigned to the health insurance certificate on the basis of allowable premiums. Provides that a health insurance certificate of entitlement means a certificate issued by the Secretary of Health, Education and Welfare upon application to him by an eligible beneficiary to apply toward payment of premium on a qualified health care insurance policy or plan. Specifies that a qualified health care insurance policy or plan shall be a contractual agreement specifying benefits under a program offered by a qualified carrier which has been registered by a State Agency and which provides basic institutional and medical coverage and catastrophic expense coverage. Declares that each such qualified health care insurance policy or plan shall be noncancellable and guaranteed renewable so long as the carrier continues to offer to the public one or more qualified health care insurance policies or plans, shall provide protection against the expense of health care without regard to any pre-existing conditions, and shall provide for payment under this title of usual and customary charges for services covered under the policy or plan. Stipulates what costs shall be included under basic coverage and under catastrophic expense coverage. Establishes deductibles for each of the two types of coverage. Creates a Health Insurance Advisory Board which shall consist of eleven persons including the Secretary of Health, Education, and Welfare and the Commissioner of the Internal Revenue Service. Directs that the remaining members, not otherwise in the employ of the Government, shall be appointed by the President, with the advice and consent of the Senate, without regard to the provisions of title 5, United States Code, governing appointment in the competitive service. Asserts that the Secretary of HEW shall serve as Chairman. Provides that the members shall be selected from persons who are specifically qualified to serve on such Board by virtue of their education, training, or experience. Provides that the Health Insurance Advisory Board shall perform such functions as: (1) prescribe such regulations as may be necessary to carry out the purposes and provisions of this Act; (2) establish minimum Federal standards for the use of State insurance departments in determining whether an insurance company and plan are qualified under this Act; (3) in consultation with carriers, providers of services, and consumers, plan and develop programs whose purposes are to provide for maintaining the quality of medical care; and (4) review the effectiveness of the tax credit program and file an annual report. Grants the States the power to decide which carriers are qualified. Forbids any Federal officer or employee to exercise any supervision or control over the practice of medicine or dentistry or the manner in which medical or dental services are provided, or over the selection, tenure, or compensation of any officer or employee or any institution, agency, or person providing health services; or to exercise any supervision or control over the administration or operation of any such institution, agency, or person. Creates in the Treasury a trust fund to be known as the Federal Health Insurance Redemption Fund to consist in part of an amount equal to the aggregate amount of premiums paid under this title through the redemption of health insurance certificates.
United States · United States Congress · 15 January 1973
Allows a tax deduction under the Internal Revenue Code of not more than $750 for ordinary and necessary expenses paid during the taxable year for the repair or improvement of property used by the taxpayer as his principal residence. Permits any person who is the owner of rental housing and who rehabilitates or restores such housing to deduct the cost of such restoration, with respect to the amortization of the adjusted basis of such housing as so restored, based on a period of 60 months. Entitles any person who acquires rehabilitated or restored rental housing from a taxpayer who elected the amortization deduction and who did not discontinue the amortization deduction, to a deduction with respect to the adjusted basis of such facility based on the remaining amount of the 60 month period taken by the person who rehabilitated the house. Provides procedures for the election and termination of the amortization deduction and defines the terms used in this Act.
United States · United States Congress · 3 January 1973
Requires the Federal Communications Commission to prescribe regulations: (1) establishing the telephone number 911 as the number for emergency telephone calls made anywhere in the United States, (2) requiring every telephone company to establish a system for connecting any emergency telephone call made using such number to an appropriate agency, and (3) defining the term 'emergency telephone call'. Makes it unlawful for any person to willfully make any telephone call using the number 911 if he knows that such telephone call is not an emergency telephone call.
United States · United States Congress · 3 January 1973
Provides, under the Occupational Safety and Health Act of 1970, that where violations are corrected within the prescribed abatement period no penalty shall be assessed. (Amends 29 U.S.C. 659, 660, 666)
United States · United States Congress · 3 January 1973
Requires the Secretary of Labor, under the Occupational Safety and Health Act of 1970, to recognize the difference in hazards to employees between the heavy construction industry and the light residential construction industry in promulgating health and safety standards. (Amends 29 U.S.C. 655)
United States · United States Congress · 3 January 1973
Provides that the recommendations of the President transmitted to the Congress under the Federal Salary Act of 1967 (relating to salaries of members of Congress and certain members of the executive and judicial branches of the Federal government) shall become effective at the beginning of the first pay period which begins after the first period of thirty calendar days of continuous session following the transmittal of such recommendations, unless there has been enacted into law a statute which establishes rates of pay other than those proposed by all or part of such recommendations, or unless between the date of transmittal and the end of the thirty day period either House adopts a resolution disapproving all or part of such recommendations. Provides that if the Committee, to which a resolution has been referred disapproving the recommendations of the President. Provides that the House has not reported the resolution after ten calendar days, it is in order to discharge the committee from further consideration of the resolution. Directs that such motion to discharge may be made only by an individual favoring the resolution and debate thereon is limited to not more than one hour divided equally between those favoring and those opposing the resolution. Directs that the motion to discharge may not be renewed, nor may another motion to discharge the committee be made with respect to any other resolution concerning the same recommendations. Specifies that when the committee has reported, or has been discharged from the further consideration of such resolution, it is in order to proceed to the consideration of the resolution. Stipulates that such motion is not debatable and may not be amended. Limits debate on the resolution to not more than two hours to be divided equally between those favoring and those opposing the resolution. Provides that motions to postpone, motions to proceed to the consideration of other business and appeals from the decisions of the chair shall be decided without debate. Authorizes any part of the recommendations of the President, in accordance with express provisions of such recommendations, to be made operative on a date later than a date on which such recommendations otherwise are to take effect. (Amends 2 U.S.C. 359)
United States · United States Congress · 3 January 1973
Provides that no Federal agency or entity shall license or otherwise give permission, either under the Federal Power Act or any other Act of Congress, to the construction of any dam or reservoir on or directly affecting the New River from the headwaters of its South and North Forks to the town of Fries, Virginia.
United States · United States Congress · 3 January 1973
Provides for the designation of the 11th day of November of each year as Veterans Day (previously the fourth Monday in October). (Amends 5 U.S.C. 6103(a))
United States · United States Congress · 3 January 1973
Constitutional Amendment - Provides that no public school student shall, because of his race, creed, or color, be assigned to or required to attend a particular school. Grants Congress the power to enforce this article by appropriate legislation.
United States · United States Congress · 3 January 1973
Establishes a Committee on Environment in the House of Representatives, consisting of 25 members. Provides that such Committee shall deal with all measures relating to the quality of the physical environment of the United States and its possessions, including: (1) water quality; (2) air quality; (3) weather modification; (4) waste disposal and management; (5) pesticides and herbicides; and (6) acoustic problems.