Bill· HRH.R. 8441 (96th)referred
United States · United States Congress · 5 December 1980
Amends the Bank Holding Company Act of 1956 to authorize any bank holding company whose operations are principally conducted in the Washington, D.C., standard metropolitan statistical area to acquire interest in a bank located outside the State but in the Washington, D.C., standard metropolitan statistical area.
Bill· HRH.R. 8442 (96th)referred
United States · United States Congress · 5 December 1980
Allows any national banking association located in the Washington, D.C., standard metropolitan statistical area to establish and operate branches outside the State in which the association is located if: (1) such location is within the Washington, D.C., standard metropolitan statistical area; and (2) the establishment and operation of such branches are specifically authorized by such other State's statute to State banks. Amends the Bank Holding Company Act of 1956 to authorize any bank holding company whose operations are principally conducted in the Washington, D.C., standard metropolitan statistical area to acquire an interest in a bank located outside the State but in the Washington, D.C., standard metropolitan statistical area.
Bill· HRH.R. 8437 (96th)referred
United States · United States Congress · 5 December 1980
Allows any national banking association, with the approval of the Comptroller of the Currency, to establish and operate new branches in any State other than that in which the association is located. Stipulates that such branches may be established and operated only as are specically authorized by such other State's law pertaining to State banks. Amends the Bank Holding Company Act of 1956 to allow any bank holding company to acquire interest in a bank located outside the State in which such company's banking operations are principally conducted.
Bill· HRH.R. 8440 (96th)referred
United States · United States Congress · 5 December 1980
Amends the Bank Holding Company Act of 1956 to authorize any bank holding company to acquire interest in a bank located outside the State, but in the standard metropolitan statistical area, in which such company's banking operations are principally conducted.
Bill· HRH.R. 8439 (96th)referred
United States · United States Congress · 5 December 1980
Allows any national banking association, with the approval of the Comptroller of the Currency, to establish and operate new branches outside the State in which the association is located if: (1) such location is within the same standard metropolitan statistical area; and (2) the establishment and operation of such branches are specifically authorized by such other State's statute law to State banks. Amends the Bank Holding Company Act of 1956 to authorize any bank holding company to acquire interest in a bank located outside the State, but in the standard metropolitan statistical area, in which such company's banking operations are principally conducted.
Bill· HRH.R. 8438 (96th)referred
United States · United States Congress · 5 December 1980
Amends the Bank Holding Company Act of 1956 to allow any bank holding company to acquire interest in a bank located outside the State in which such company's banking operations are principally conducted.
Bill· HRH.R. 8301 (96th)referred
United States · United States Congress · 2 October 1980
Reconstruction Finance Corporation Act of 1980 - Creates the Reconstruction Finance Corporation of 1980 to be administered by a board of directors. Sets forth the powers of the Corporation. Requires the Corporation to report annually on its operations to the President, the Secretary of the Treasury, and Congress. Provides for the capitalization of and issuance of obligations by the Corporation. Grants the Corporation tax-exempt status with specified exceptions. Authorizes the Corporation to provide financial assistance to business enterprises which meet specified eligibility criteria, including a beneficial impact on employment opportunities and productivity, the provision of necessary goods or services, the national interest, a feasible recovery plan, a reasonable assurance of repayment, and an employee stock ownership plan. Authorizes the Corporation to provide financial assistance to local governmental units which meet specified eligibility criteria, including a feasible recovery plan, State assistance, the national interest, a financial control board, and a reasonable assurance of repayment. Authorizes the Corporation to make loans and to guarantee loans to local governmental units or business enterprises. Sets forth conditions for such loans, guarantees, and commitments. Limits the aggregate amount of assistance to any one local governmental unit or business enterprise. Terminates the Corporation 30 years after enactment of this Act. Prohibits any commitment to provide financial assistance after six years from enactment of this Act, unless extended by Congress. Makes Federal financial disclosure and conflict of interest provisions applicable to Corporation employees and officials. Amends the Internal Revenue Code to impose a temporary surtax on the taxable income of every corporation with a taxable income greater than $1,000,000. Directs the Secretary of the Treasury to contribute the proceeds of such surtax to the capital stock of the Corporation through the Reconstruction Finance Corporation of 1980 Trust Fund.
Bill· HRH.R. 8311 (96th)referred
United States · United States Congress · 2 October 1980
Alaska Lands Amendments Act - Title I: Findings and Purposes - Declares it the purpose of this Act to amend the provisions of the Alaska National Interest Lands Conservation Act so as: (1) to preserve the geological, scientific, wilderness, cultural, recreational, and wildlife values of remaining Federal lands in Alaska; and (2) to provide authorities and guidelines for the administration of the provisions of the Alaska National Interest Lands Conservation Act. Title II - Amends the Alaska National Interest Lands Conservation Act to increase the acreage of: (1) West Chichagof-Yakobi Wilderness; (2) Misty Fjords National Monument Wilderness; (3) Russel Fjord Wilderness; (4) Renali Wilderness; (5) Gates of the Artic Wilderness; (6) Glacier Bay Wilderness; (7) Katmai Wilderness; (8) Artic Wildlife Refuge Wilderness; (9) Koyukak Wilderness; (10) Yukon Wilderness; (11) Yukon Flats National Wildlife Refuge; and (12) Artic National Wildlife Refuge. Decreases the acreage of: (1) Wrangell-Saint Elicis Wilderness; (2) Wrangell-Saint Elias National Park; and (3) Lake Clark National Preserve. Increases the acreage of Wrangell-Saint Elias National Preserve and Lake Clark National Preserve. Establishes: (1) Yukon Charley Wilderness; (2) Devilnaw Wilderness; (3) Copper River Wilderness; (4) Copper River National Wildlife Refuge; and (5) Tetlin Wilderness. Establishes the Teshekpuk National Wildlife Refuge and the Utukok National Wildlife Refuge with a program for the issuance of exploration permits and lease sales. Increases the acreage of Wild and Scenic River Corridors and designates portions of the Yukon (Ramparts section) as a scenic river area. Designates certain planning areas within the Tongass National Forest. Provides that no timber within designated planning areas be sold except pursuant to the Tongass land management plan. Provides that all National Forest System lands in specified planning areas be withdrawn from location, entry, and patent under the mining laws, subject to valid existing rights. Requires the Secretary of Agriculutre to report to Congress findings as to whether specified planning areas should be: (A) designated a wilderness; (B) continued in planning status; or (C) made available for multiple uses. Exempts specified planning areas from the second roadless area review and evaluation. Provides that funds necessary to maintain the timber supply from the Tongass National Forest shall be drawn from the total sums collected as receipts from oil, gas, timber and coal which are deposited in the Treasury and credited as miscellaneous receipts. Requires the Secretary of Agriculture to designate alternative lands of equal or greater timber value other than within Admiralty Island and Misty Fjords National Monuments in the satisfaction of the rights of the Natives of Sitka. Requires the Secretary of Agriculture to permit limited development within Misty Fjords National Monument to the extent U.S. Borax and Chemical is presently entitled. Provides that Monument McKinley shall retain its name. Removes Stiese National Conservation Area from coverage of the Act. Places certain restrictions on state selections and conveyances. Sets forth procedures for the conveyance of public lands to certain Village Corporations and Regional Corporations. Permits local residents and others aggrieved by a failure of the State or Federal government to provide for the priority for subsistence uses to file a civil action in the Federal Court for the District of Alaska. Provides that nothing in the Act shall preclude the renewal or continuation of valid leases or permits for cabins, homesites or similar structures. Extends the length of time required for the Secretary to complete certain studies and reports to the Congress. Provides that the executive may not withdraw more than 5,000 acres without the approval of the Congress by joint resolution within one year of notice of such withdrawal. Requires the Secretary to establish an oil and gas leasing program on public lands not included in the Federal North Slope Oil and Gas leasing program or the National Petroleum Reserve-Alaska unless prohibited by applicable law. Permits the Secretary to refuse to renew a permit for an existing cabin if the Secretary determines that such renewal would not be in the public interest. Prohibits any fees from being charged for entrance or admission to any unit of the National Park System located in Alaska. Makes additional technical, conforming and perfecting amendments.
Bill· HJRESH.J.Res. 600 (96th)referred
United States · United States Congress · 26 August 1980
Requests the President to designate the week of September 7-September 14, 1980, as "National Life Flight Week."
Bill· HJRESH.J.Res. 596 (96th)referred
United States · United States Congress · 19 August 1980
Designates the week of October 6 through October 12, 1980, as "National Productivity Improvement Week."
Bill· HRH.R. 7858 (96th)referred
United States · United States Congress · 29 July 1980
Synthetic Fuel Community Bridge Loan Act - Authorizes the Secretary of the Treasury to make loans and loan guarantees to provide interim financing to assist local governments in providing public infrastructure and public services which, in the opinion of the applicant and with the concurrence of the Secretary, are necessary to support the increased population which results from the construction and operation of a synthetic fuel facility.
Bill· HJRESH.J.Res. 579 (96th)referred
United States · United States Congress · 26 June 1980
Presidential Nomination Commission Resolution - Establishes the Commission on Presidential Nominations to make an investigation regarding the presidential nominating process. Directs the Commission to report to the President and Congress respecting such investigation, including recommendations for the 1984 presidential elections. States that the Commission shall cease to exist 60 days after submitting such report. Sets forth the powers of such Commission and related administrative provisions.
Bill· HRH.R. 7601 (96th)referred
United States · United States Congress · 17 June 1980
Amends the Internal Revenue Code to allow, for estate and gift tax purposes, effective disclaimer of an interest created by a transfer of property made before November 15, 1958 if: (1) such disclaimer otherwise satisfies the requirements for such disclaimers; and (2) it is made within nine months following enactment of this Act, or within nine months after the disclaimant receives knowledge of such interest (but not later than December 31, 1991).
Bill· HRH.R. 7550 (96th)referred
United States · United States Congress · 11 June 1980
Commission on the International Application of the United States Antitrust Laws Act - Establishes a Commission on the International Application of the United States Antitrust Laws. Charges such Commission with examining the international aspects of United States antitrust laws and related statutes, court rules and administrative procedures, and with making recommendations to the President and to the Congress on the results of such study. Directs the President to appoint the 18 member Commission from the executive branch, the Senate, the House of Representatives, and the private sector. Sets forth the organization and compensation of members and the powers of the Commission. Excludes such Commission from the application of the Freedom of Information Act. Requires that any formal recommendation made by the Commission to the President and to the Congress must have the majority vote of the Commission as present and voting. Requires the Commission to submit its final report within one year after its first meeting. Terminates the Commission 60 days after it submits the report to the Congress. Authorizes appropriations as may be necessary to carry out the activities of the Commission.
Resolution· HRESH.Res. 703 (96th)referred
United States · United States Congress · 10 June 1980
Expresses the sense of the House of Representatives that neither the Secretary of Transportation nor the Administrator of the Federal Aviation Administration shall take any actions which would reduce public air service into Washington National Airport.
Law· HRH.R. 7474 (96th)open
United States · United States Congress · 30 May 1980
Ocean Thermal Energy Conversion Research and Development Act - Directs the Secretary of Energy to prepare a comprehensive program management plan of research, development, and demonstration of ocean thermal energy conversion (OTEC) systems. Directs the President to submit to Congress annually the most recent revision of the plan giving justification for any changes. Directs the Secretary to initiate research or accelerate existing research in areas in which the lack of knowledge limits development of OTEC in order to achieve the purposes of this Act. Authorizes the Secretary to initiate a program to design, construct, and operate well instrumental OTEC facilities of sufficient size to demonstrate the technical feasibility of utilizing the various forms of OTEC to displace nonrenewable fuels. Directs the Secretary to conduct evaluations, arrange for tests, and disseminate information to support such design efforts. Provides for the competitive selection of at least two independent parallel pilot demonstration projects. Establishes goals for the demonstration program which shall include: (1) the demonstration of OTEC technical feasibility through multiple pilot demonstration plants with a combined capacity of at least 50 megawatts of electrical capacity or energy product equivalent by 1987; (2) the delivery of baseload electricity to utilities located on land or the production of commercially attractive quantities of energy products; and (3) the continuous operation of each pilot demonstration facility for a sufficient period of time to collect and analyze system performance and reliability data. Directs the Secretary to prepare a comprehensive technology application and market development plan that will permit the realization of the national goal set forth in this Act of 2,500 megawatts of electrical capacity or energy product equivalent from OTEC systems by 2000. Directs the Secretary to set priorities consistent with several criteria including: (1) the realization of competitive energy costs for OTEC; (2) private cost-sharing; and (3) the promotion of OTEC in areas vulnerable to interruptions in the supply of fossil fuel. Establishes the OTEC Advisory Committee to advise and report to the Secretary. Requires the Committee to meet at least four times annually until the demonstration goals are met. Authorizes appropriations for operating expenses for fiscal year 1982. Authorizes appropriations for the conceptual and preliminary design of demonstration plants with a combined capacity of at least 50 megawatts electrical or energy product equivalent.
Law· HJRESH.J.Res. 560 (96th)open
United States · United States Congress · 29 May 1980
Designates March 19, 1981, as "National Agriculture Day."
Law· HRH.R. 7385 (96th)open
United States · United States Congress · 19 May 1980
Authorizes the Secretary of the Interior to convey to Carnegie-Mellon University the land owned by the United States upon which the Pittsburgh facility of the Bureau of Mines is located.
Law· HJRESH.J.Res. 551 (96th)open
United States · United States Congress · 14 May 1980
Authorizes and requests the President to designate the seven-day period beginning October 5, 1980, as "National Port Week." Directs the Secretary of Commerce to report annually to Congress on the conditions of U.S. public ports.
Bill· HRH.R. 7326 (96th)referred
United States · United States Congress · 12 May 1980
Amends the Council on Wage and Price Stability Act to increase the authorizations of appropriations for fiscal years 1980 and 1981. Extends the authority of the Council through fiscal year 1981. Requires the Director of the Council to initiate the formation within its administrative structure of a productivity section to advise the public and private sectors of the economy relative to their actions and report on the impact of productivity on consumers, workers, business, economic growth, and inflation.
Bill· HRH.R. 7286 (96th)referred
United States · United States Congress · 7 May 1980
Amends the Clean Air Act and the Clear Air Act Amendments of 1977 to extend specified deadlines applicable to stationary sources (relating to State implementation plans, Federal enforcement, and noncompliance penalties).
Bill· HRH.R. 7292 (96th)referred
United States · United States Congress · 7 May 1980
Amends the Council on Wage and Price Stability Act to increase the authorizations of appropriations for fiscal years 1980 and 1981. Extends the authority of the Council through fiscal year 1981. Requires the Director of the Council to initiate the formation within its administrative structure of a productivity section to advise the public and private sectors of the economy relative to their actions and report on the impact of productivity on consumers, workers, business, economic growth, and inflation.
Bill· HRH.R. 7262 (96th)passed
United States · United States Congress · 6 May 1980
Housing and Community Development Act of 1980 - Title I: Community and Neighborhood Development and Conservation - Amends the Housing and Community Development Act of 1974 to specify for fiscal years 1981, 1982, and 1983 that no data derived from the 1980 Decennial Census, except those relating to population and poverty, shall be taken into account for purposes of the allocation of funds to metropolitan areas. Prohibits, for fiscal years 1981, 1982, and 1983, any revision of the criteria for establishing a metropolitan area or defining a central city of such an area published after January 1, 1980, to be taken into account for purposes of this title, except in the case of any area or city which would newly qualify as a metropolitan area or a central city of such an area. Specifies that, with respect to grants for State, tribal, and local community development programs, beginning in fiscal year 1981, the population of any unit of general local government which is included in that of an urban county shall be included in the population of such urban county for three program years beginning with the program year in which its population was first so included. Requires any county seeking qualification as an urban county, including any urban county seeking to continue such qualification, to notify each unit of general local government, which is included therein and is eligible to elect to have its population excluded from that of an urban county, of its opportunity to make such an election. Declares that the Congress finds that the Nation's cities, towns, and smaller urban communities face critical social, economic, and environmental problems arising in significant measure from increasing energy costs which have seriously undermined the quality and overall effectiveness of local community and housing development activities. Requires concerted action by Federal, State, and local governments to address the economic and social hardships borne by communities as a consequence of scarce fuel supplies. Allows grants for State and local community development programs to be available for the conservation of the Nation's scarce energy resources, improvement of energy efficiency, and the provision of alternative and renewable energy sources of supply. Allows the applicant, at the discretion of the applicant, when applying for such grants, to include as part of the program summary, formulation, and description as required by such Act, comparable information with respect to the applicant's energy conservation and renewable energy resource needs and objectives. Makes activities necessary to the development of a comprehensive community-wide energy use strategy eligible for assistance under the community development program. Authorizes the appropriation of funds for the purpose of making grants to States and units of local government to help finance community development programs for fiscal years 1981 through 1983. Authorizes funds for fiscal years 1981 through 1983 for the purpose of assisting severely distressed cities that require supplemental grant assistance in order to alleviate excessive deterioration through neighborhood reclamation and community revitalization. Limits amounts of appropriated funds which may be used to aid metropolitan cities, urban counties, and other units of local government within metropolitan areas to meet their basic grant needs. Eliminates hold-harmless entitlements. Declares that funds which are to be reallocated, after a determination by the Secretary that they are not likely to be fully obligated during a community development program period, shall be reallocated first to other units of general local government in the metropolitan area to which the funds were originally allocated, second, in any metropolitan area in the same State, and third, in any other metropolitan area. Requires an applicant for a grant under the community development program to take into account the effect of such activities on the involuntary displacement of low- and moderate-income persons and takes into account appropriate environmental factors. Requires the Secretary of Housing and Urban Development to continue the study on involuntary displacement conducted under the Housing and Community Development Amendments of 1978 and to transmit, not later than March 30, 1981, a report to Congress which shall contain: (1) data collected since the initial report; and (2) further recommendations on minimizing involuntary displacement and alleviating problems caused by such displacement. Amends the Housing Act of 1964 to define the terms "congregate housing" as residential property in which some or all of the dwelling units do not contain kitchen or bathroom facilities, and the term "single-room occupancy housing" to mean residential property in which some or all of the dwelling units do not contain bathroom or kitchen facilities. Extends the rehabilitation loan program under such Act to include congregate housing and single-room occupancy housing, and to authorize appropriations for fiscal years 1980 and 1981 for community and neighborhood development and conservation programs. Authorizes appropriations, through fiscal year 1982, for the neighborhood self-help development programs under the Housing and Community Development Amendments of 1978. Authorizes the Secretary of Housing and Urban Development to reimburse the Veterans Administration for properties transferred to urban homesteading programs. Requires the Secretary, not later than January 1, 1983, to report to the Congress with respect to the adequacy, effectiveness, and equity of the formula used for the allocation of funds for community development programs under the Housing and Community Development Act of 1974, with specific analysis and recommendations concerning the manner in which such formula is or could be affected by the data derived from the 1980 decennial census. Title II: Housing Assistance Programs - Authorizes additional authority for the Secretary of Housing and Urban Development to enter into contracts for annual contributions under the United States Housing Act of 1937, after October 1, 1980, for low-income housing projects. Directs the Secretary to enter into only such new contracts for preliminary loans as are consistent with the number of dwelling units for which contracts for annual contributions may be entered into. Amends the United States Housing Act of 1937 to provide assistance to improve the physical condition of existing public housing projects, and to upgrade the management and operation of such projects, in order to assure that that such projects continue to be available to serve low-income families. Allows the Secretary to make available and contract to make available financial assistance to public housing agencies for the purpose of improving the physical condition of existing low-rent public housing projects and for upgrading the management and operation of such projects to the extent necessary to maintain such physical improvements. Prohibits such assistance from being made unless the Secretary has approved an application from the public housing agency which has been developed in consultation with appropriate local officials and with tenants of such housing projects. Sets forth the information required in such application. Declares that in making such assistance the Secretary shall give preference to public housing agencies which: (1) request assistance for projects having conditions which threaten the health or safety of the tenants or have a significant number of vacant, substandard units; and (2) which have demonstrated a capability of carrying out the activities proposed in the plan submitted and approved by the Secretary. Provides for assistance to any public housing agency in an amount which the Secretary determines is necessary to meet emergency or special purpose needs. Allows the Secretary to make, and contract to make, periodic interest reduction payments on behalf of the owner of a multifamily rental project in order to encourage the construction of new or substantially rehabilitated multifamily rental housing projects designed for families with incomes which do not exceed 150 percent of the median income of the area in which the project is located. Permits such payments to be made for a period of not more than 30 years to mortgagees holding mortgages secured by such project. Requires the Secretary to establish procedures for review of incomes of tenants at intervals of two years. Requires the Secretary, if as a result of such review it is determined that there are tenants in the project whose incomes exceed 150 percent of the median income for the area, to provide that rental payments made by each such tenant shall increase over a three-year period so that at the end of such period each such tenant will be paying the amount of rent which would be charged with respect to the tenant's dwelling unit if payments were not made with respect to the project. Reduces the amounts payable by the Secretary with respect to the project by any amount received by the owner as a result of such increased rental payments. Directs the Secretary, in making such rental assistance, to give a preference to projects which have or will receive financial contributions from a State or local government. Authorizes appropriations through fiscal year 1982 for operating assistance for troubled multifamily housing projects under the Housing and Community Development Amendments of 1978. Amends the National Housing Act to direct the Secretary to utilize amounts credited to the rental housing assistance fund for the sole purpose of carrying out assistance for troubled multifamily housing projects through September 30, 1981. Increases the allowable maximum amount for mortgage assistance payments under the National Housing Act. Allows the Secretary, under the mortgage insurance program, to insure a mortgage involving a principal obligation which exceeds, by not more than ten percent, the maximum limits, if such mortgage relates to a dwelling to be occupied by a physically handicapped person. Allows the Secretary, in order to prevent inflationary conditions and related governmental actions from having a severely disproportionate effect on the housing industry, to make and contract to make periodic assistance payments to mortgagees or other lenders on behalf of homeowners (including the owners of mobile homes). States that not more than 75 percent of such authority may be so utilized. Terminates such authority on September 30, 1981, or at such earlier date as the Secretary may deem appropriate. Sets forth the eligibility requirements for such assistance payments. Specifies that assistance payments to a mortgagee by the Secretary on behalf of a homeowner shall be made only during such time as the homeowner shall continue to occupy the property which secures the mortgage or loan. Permits the Secretary to insure, upon application by the mortgagee, a mortgage executed by a mortgagor who meets the eligibility requirements for assistance payments. Sets forth the eligibility requirements for such insurance. Amends the Housing and Community Development Amendments of 1978 to require a public housing agency or nonprofit corporation applying for assistance to provide congregate services: (1) to elderly residents to consult with the Area Agency on Aging; and (2) to nonelderly handicapped residents to consult with the appropriate agency. Amends the United States Housing Act of 1937 to provide funds to cover the administrative cost of public housing for Indians and Alaskan Natives. Amends the United States Housing Act of 1937 to authorize the Secretary of Housing and Urban Development to enter into contracts for assistance with respect to newly constructed or substantially rehabilitated public housing projects. Requires the installation of a passive or active solar energy system in any such project unless the Secretary determines that such installation would not be cost effective over the estimated life of the system. Title III: Program Amendments and Extensions - Extends through September 30, 1981, the authority of the Secretary of Housing and Urban Development (HUD) to insure mortgages or loans under certain HUD mortgage or loan insurance programs under the National Housing Act and to set interest rates for insured mortgage loans. Extends until October 1, 1981, the authority of the Government National Mortgage Association to enter into new commitments to purchase mortgages under the interim mortgage purchase authority of the National Housing Act, as amended by the Emergency Home Purchase Assistance Act of 1974. Authorizes appropriations for research and demonstration housing projects through fiscal year 1981. Amends the National Housing Act to authorize appropriations to cover losses sustained by the General Insurance Fund. Amends the National Housing Act to specify that neither the holder of a mortgage insured under such Act and covering five or more dwelling units, nor the Secretary of Housing and Urban Development as insurer or holder of such a mortgage insured or formerly insured under such Act, shall be precluded, limited, or delayed in the exercise of any rights or remedies provided in the mortgage or in any contract or agreement governing the maintenance or operation of the property secured by the mortgage, by the provisions of any Federal law, except Federal law enacted expressly in limitation. Amends the National Housing Act to increase the mortgage purchase authority of the Government National Mortgage Association. Increases, by up to 20 percent, the amounts which may be insured under the National Housing Act for multifamily and institutional projects if such increase is necessary to account for the increased cost of the project due to the installation of a solar energy system. Requires a mortgage, in order to be eligible for mortgage insurance under the National Housing Act, to have a period of not less than ten years to run beyond the maturity date of the mortgage. Makes mortgaged property located where concentrated housing, physical development, and public service activities are being or will be carried out in a coordinated manner, pursuant to a locally developed strategy for neighborhood improvement, conservation, or preservation, eligible for rehabilitation and neighborhood conservation housing insurance under the National Housing Act. Authorizes the Secretary, as an alternative to the acquisition of an insured mortgage to avoid foreclosure, to make all or part of the monthly payments due on an insured mortgage of a one to four family residence necessary to avoid default caused by circumstances beyond the mortgagor's control. Stipulates that such payments may be provided for a period of up to 18 months which may be extended for an additional 18 months at the discretion of the Secretary. Requires the Secretary to provide home ownership counseling to persons receiving such assistance. Requires the Secretary of Housing and Urban Development, by March 15 of every other year beginning with calendar year 1981, to report to Congress concerning housing production goals for the current year and set forth general objectives for such activity during the next year. Declares that the land transferred by the city of Springfield, Illinois, to the United States Department of the Interior for the Lincoln Home National Historic Site shall be deemed to have been made in accordance with the provisions of the Housing Act of 1961 and any other law and with any regulations or other requirements in implementation thereof. Amends the Energy Conservation Standards for New Buildings Act of 1976 to extend until August 1, 1982 the deadline for energy conservation standards for new buildings. Amends the Federal National Mortgage Association Charter Act to limit mortgage amounts which may be purchased under certain secondary financing programs. Amends the National Housing Act to provide supplementary loans for multifamily housing projects if meters are purchased or installed in connection with other energy conserving improvements or with a solar energy system or the project meets minimum standards of energy conservation as established by the Secretary of Housing and Urban Development. Increases the mortgage limits in the case of property upon which there is located one to four family dwelling. Increases the limit on loans for mobile homes and lots with respect to credit insurance of financial institutions. Amends the Neighborhood Reinvestment Corporation Act to authorize appropriations through fiscal year 1981 for the Neighborhood Reinvestment Corporation. Requires the Secretary of Housing and Urban Development to study the feasibility of utilizing manufactured and other appropriate types of housing in carrying out housing programs for Indians and Alaskan Natives. Amends the Federal National Mortgage Association Charter Act to authorize the corporation to purchase, service, sell, lend on the security of, and otherwise deal in loans and advances of credit secured by mortgages or other liens against mobile homes. Amends the National Housing Act to direct the Secretary of Housing and Urban Development, in connection with a loan or mortgage insurance program established under such Act, to require that payment of such premiums be made promptly upon their receipt from the borrower. Stipulates that the Secretary may approve payment of such premiums within 12 months of such receipt if the financial institution, mortgagee, or agent thereof pays interest, at a rate specified by the Secretary, to the insurance fund for the period beginning 20 days after receipt from the borrower and ending upon payment of the premiums to the Federal government. Title IV: Planning Assistance - Declares that the following are national policy objectives with respect to housing under the Housing Act of 1954: (1) the conservation and improvement of existing communities; (2) an increase in housing and employment opportunities and choices; and (3) the promotion of orderly and efficient growth and development of communities, regions, and States, taking into consideration the necessity of conserving energy. Declares that it is the purpose of this title to help achieve these objectives by: (1) encouraging the joint efforts of State and local governments and areawide planning organizations in developing State and areawide strategies; and (2) assuring that strategies developed pursuant to this section will lead to implementation activities by States, areawide planning organizations, and local governments. Authorizes the Secretary of Housing and Urban Development to contract to make, and to make, grants approved in accordance with the provisions set forth in this section to: (1) States, for statewide activities; (2) States, for the provision of assistance to metropolitan areawide planning organizations, nonmetropolitan areawide planning organizations, units of general local government, counties, other than urban counties, and any group of adjacent units of general local government having a total population of less than 50,000; (3) area-wide planning organizations; (4) units of general purpose local government; (5) urban and rural counties; (6) Indian tribes; and (7) the Virgin Islands, Guam, the Northern Mariana Islands, American Samoa, and the Trust Territory of the Pacific Islands. Specifies that such grants shall not exceed two-thirds of the estimated cost of the work for which the grant is made. Sets forth the information to be included in the applications for such grants and requires such applications to meet such requirements as the Secretary may prescribe by regulations. Requires such applications to set forth a strategy statement which identifies policies and programs over at least a three-year period which address the major issues and problems of the applicant's jurisdiction. Requires the Secretary to establish, by regulation, criteria for the evaluation and approval of strategy statements and applications for grants and for the awarding of such grants. Requires each State and other entity receiving assistance directly from the Secretary for actions or activities being carried out to submit to the Secretary, each year, a performance report concerning such actions and activities. Requires the Secretary, on an annual basis, to make such reviews and audits as may be necessary or appropriate to determine whether a recipient of funds has carried out actions and activities substantially as described in its application. Allows the Secretary to adjust, reduce, or withdraw grant funds, or take other action as appropriate in accordance with such reviews and audits. Specifies that a strategy statement approved by the Secretary shall remain in effect for a maximum of three years following the date of its approval. Title V: Rural Housing - Authorizes appropriations for fiscal year 1981 for the following rural housing programs administered by the Secretary of Agriculture subject to approval in appropriation Acts: (1) low and moderate income or elderly rental and cooperative housing assistance; (2) insurance of loans for housing and related facilities for domestic farm labor; and (3) advances from the escrow account for taxes, insurance, and other expenses. Authorizes appropriations for: (1) payments on notes and obligations issued by the Secretary for the purpose of making direct loans; (2) loans and grants for repairs and improvements to rural dwellings; (3) financial assistance to provide low- rent housing for domestic farm labor; (4) loans and loan insurance for the purchase of condominiums in rural areas; and (5) sums necessary for the Secretary to administer specified Federal housing program for lower income families. Repeals the ceiling on the aggregate loan principal which may be insured in a single fiscal year for housing and related facilities for domestic farm labor. Limits the amount of contract authority for home ownership subsidies in fiscal years 1980 and 1981. Prohibits such assistance in any fiscal year after 1980. Authorizes appropriations for mutual and self-help housing programs for fiscal year 1981. Requires such amounts appropriated, together with principal collections from loans made under appropriations in any previous fiscal year, to be deposited in the Self-Help Housing Land Development Fund, which shall be available as a revolving fund for making loans under the mutual and self-help housing programs. Allows the Secretary to enter into rental assistance contracts with respect to the fiscal year 1981. Defines the terms "Indian tribe", "rural resident", and "adequate dwelling" for the purposes of Federal rural housing programs. Makes persons who reside in reservations or villages of Indian tribes eligible for assistance under the Federal rural housing program. Applies energy conservation standards to homes acquired and sold by the Farmers' Home Administration. Prohibits the Secretary from approving any rent increases in specified projects which are assisted under such Act unless the project owner is receiving, or has applied for rental assistance payments under the United States Housing Act of 1937. Permits the Secretary to make and insure loans to consumer cooperatives to enable such cooperatives to finance the transfer of membership in the cooperative upon such terms and conditions as low- and moderate-income persons can reasonably afford. Specifies that a loan made to a consumer cooperative for cooperative housing purposes may be made upon condition that persons, admitted as eligible members and tenants of the cooperative, may not subsequently be deprived of their membership or tenancy by reason of their no longer meeting the income eligibility requirements. Amends the Housing and Urban Development Act of 1969 to allow the Administrator of General Services to transfer any Federal surplus real property, within the meaning of such Act, to the Secretary of Housing and Urban Development or the Secretary of Agriculture at either's request for sale or lease by either Secretary at its fair value for use in the provision of housing to be occupied predominantly by families or individuals of low- or moderate-income, assisted under a Federal housing assistance program or under a State or local program. Requires the Secretary of Agriculture to study the legislative and administrative changes which would be required: (1) to conform the procedures of the Farmers Home Administration for reporting budget and accounting information with the reporting principles established by the Presidential Commission on Budget Concepts; (2) to establish procedures to reflect fully in the Federal Budget the budget authority and outlays of the programs administered by the Farmers Home Administration; (3) to remove budget and accounting practices which are inconsistent with the practices for recording debt transactions as provided in the current policy of the Office of Management and Budget; and (4) to simplify the authorities provided in the Housing Act of 1949. Amends the Housing Act of 1949 to permit the Secretary of Agriculture to administer, in any rural area, any mortgage insurance program established pursuant to the National Housing Act to the extent to which the administration of any such program is delegated to the Secretary by the Secretary of Housing and Urban Development. Amends the National Housing Act to authorize the Secretary of Housing and Urban Development to delegate certain mortgage insurance programs to the Secretary of Agriculture in rural areas.
Bill· HRH.R. 7100 (96th)referred
United States · United States Congress · 21 April 1980
Comprehensive Housing Development Act of 1980 - Amends the National Housing Act to increase the allowable maximum amount for mortgage assistance payments under such Act. Authorizes appropriations for such mortgage assistance payments through October 1, 1981. Authorizes the Secretary of Housing and Urban Development, under the mortgage insurance program, to insure a mortgage involving a principal obligation which exceeds, by up to ten percent, the maximum limits specified under the Act, if such mortgage relates to a dwelling to be occupied by a physically handicapped person and the additional principal reflects the cost of making the dwelling accessible to such person. Allows the Secretary, in order to prevent inflationary conditions and related governmental actions from having a severely disproportionate effect on the housing industry, to make and contract to make periodic assistance payments to mortgagees or other lenders on behalf of homeowners (including the owners of mobile homes). Terminates such authority on September 30, 1981, or at such earlier date as the Secretary may deem appropriate. Specifies that such payments may be made only on behalf of a homeowner who satisfies such eligibility requirements as may be prescribed by the Secretary. Requires a homeowner to continue to occupy the property which secures the mortgage or loan in order to receive such assistance payments. Sets forth the formula for determining the amount of such assistance payments. Allows the Secretary to include in the payment to the mortgagee or other lender such amount as the Secretary deems appropriate to reimburse the mortgagee or lender for its reasonable and necessary expenses in handling the mortgage or loan. Limits assistance payments for mobile homes to no more than 20 percent of the total number of units for which assistance is approved. Allows the Secretary, upon application by the mortgagee, to insure a mortgagor who meets the eligibility requirements for assistance payments as set forth by the Secretary. Sets forth the eligibility requirements for such insurance. Allows the Secretary to provide for graduated mortgage assistance payments, and to insure mortgages with varying rates of amortization, for not in excess of 100,000 mortgages. Extends until October 1, 1981, the authority of the Government National Mortgage Association to enter into new commitments to purchase mortgages under the interim mortgage purchase authority of the National Housing Act, as amended by the Emergency Home Purchase Assistance Act of 1974. Amends the National Housing Act to authorize appropriations to cover losses sustained by the General Insurance Fund. Allows the Secretary to make, and contract to make, periodic interest reduction payments on behalf of the owner of a multifamily rental project. Allows such payments to be made for a period of not more than 30 years to mortgagees holding mortgages secured by such project. Sets forth the formula for determining the amount of such payments. Sets forth the eligibility requirements which must be met in order to receive such payments. Requires the Secretary to provide that such payments are made only with respect to that part of the mortgage concerning the portion of the project which is used for residential purposes and only for the benefit of the families residing in such projects. Specifies that such payments may be made only to a project located within the jurisdictional boundaries of a unit of general local government which has made substantial progress in meeting its annual goals for housing for lower- income persons as specified in its housing assistance plan submitted pursuant to the Housing and Community Development Act of 1974. Requires the Secretary, in making such assistance, to give a preference to projects which have or will receive financial contributions from a State or local government which will result in lower rental charges to the families residing therein. Amends the Housing and Community Development Act of 1974 to require an applicant for grants for State and local community development programs to submit a housing assistance plan which: (1) accurately surveys the condition of housing stock in the community designed for persons who have incomes which do not exceed 150 percent of the median income for the area; (2) assesses the housing assistance needs of such person; (3) specifies a realistic goal of the number of rental dwelling units which will be provided such persons as a result of such program; and (4) indicates the general locations of such dwelling units.
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