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Official portrait of Rep. Nowak, Henry [D-NY-33]

Rep. Nowak, Henry [D-NY-33]

United States · Official source

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1,954 records where Rep. Nowak, Henry [D-NY-33] is listed as a sponsor, author, or other actor. Search with topics and years

Resolution· HRESH.Res. 407 (99th)referred

A resolution expressing the sense of the United States House of Representatives that the Secretary of Agriculture should investigate identification procedures to be used in lieu of the hot-iron branding of animals' cheeks.

United States · United States Congress · 8 April 1986

Expresses the sense of the House of Representatives that the Secretary of Agriculture should take immediate steps to investigate alternative animal identification procedures in lieu of hot-iron cheek branding.

Resolution· HCONRESH.Con.Res. 307 (99th)referred

A concurrent resolution to express the sense of the Congress that interest on State and local bonds shall not be included in determining any Federal alternative minimum income tax.

United States · United States Congress · 25 March 1986

Expresses the sense of the Congress, and instructs its committees and any conferees, that the Congress will not approve any provision of H.R. 3838 or of any other tax reform legislation which provides for the inclusion of interest on State and local bonds in determining any Federal alternative minimum income tax.

Bill· HRH.R. 4469 (99th)open

Extended Unemployment Insurance Reform Act of 1986

United States · United States Congress · 20 March 1986

Extended Unemployment Insurance Reform Act of 1986 - Title I: Improved Program of Extended Unemployment Compensation - Amends the Federal-State Extended Unemployment Compensation Act of 1970 to limit the amount of extended compensation payable to an individual to the amount established in an individual's extended compensation account. Increases the limit on the amount established in an individual's extended compensation account. Sets forth the formula for determining the new limit. Limits an individual's eligibility period for extended compensation to the number of weeks equal to the applicable limit for an individual's compensation account. Requires the amount and duration of extended compensation payable under the interstate benefit payment plan to be the same as if the individual were filing the claim in the State which establishes the individual's extended compensation account. Requires that each unemployment benefit duration period shall be a three-month period beginning on the first Sunday of January of each year and the first Sunday of every third month thereafter. Sets forth formulas, based upon each State's insured unemployment rate, for determining whether a benefit duration period shall be an eight-percent, seven-percent, six-percent, five-percent, or four-percent period. Requires that a benefit duration period shall be a "low-unemployment period" if the State's adjusted insured unemployment rate for the first week of such benefit duration period and the immediately preceding 12 weeks was less than four percent. Sets forth an alternative method of determining a benefit duration period based upon the total rate of unemployment. Requires that each State be paid an amount equal to the applicable percentage of the sum of the sharable extended compensation and the sharable regular compensation paid to individuals under State law. Sets forth the applicable percentage for eight-percent, seven-percent, six-percent, five-percent, and four-percent periods. Defines sharable regular compensation. Amends title IX (Employment Security) of the Social Security Act to authorize appropriations into the extended unemployment compensation account. Sets forth transition provisions. Title II: Demonstration Projects - Directs the Secretary of Labor (the Secretary) to enter into a demonstration program agreement with at least three States whereby extended unemployment compensation under the Act would be available for certain substate areas with specified levels of unemployment. Directs the Secretary to enter into a demonstration program agreement with at least five States for promotion of training programs for unemployment compensation recipients. Directs the Secretary to provide model criteria, technical assistance, and specified information for such State training programs. Directs State Governors to designate State agencies to approve training programs and participants. Directs the Secretary to transmit a study of such demonstration program to the Congress by October 1, 1988. Provides, under the Social Security Act, for interest credits to a State's account in the Unemployment Trust Fund on the basis of State payments of unemployment compensation to individuals in approved training. Sets forth State reporting requirements. Requires the Secretary to report annually, beginning not later than October 31, 1986, on the implementation of such training program provisions and on State regulations and procedures to comply with specified Internal Revenue Code provisions relating to unemployment compensation. Provides that the training program provisions under this title shall not be taken into consideration in determining whether there has been a net decrease in the solvency of any State unemployment compensation system. Title III: Procurement Targeting in Labor Surplus Areas - Directs the head of each Federal agency which procured supplies and equipment at a rate in excess of $1,000,000,000 in FY 1985 to set targets, for FY 1987 and each fiscal year thereafter, for such procurement within labor surplus areas, as defined by the Secretary of Labor. Directs the Director of the Office of Management and Budget to report annually to specified congressional committees on: (1) the number, amount, and percentage of contracts awarded by each Federal agency in labor surplus areas; (2) the impact of such contracts on the area unemployment rate and on the Federal costs under the extended unemployment compensation program; and (3) whether such contracts could be increased without adverse impact on Federal procurement. Title IV: Report - Directs the Secretary of Labor, within six months of the enactment of this Act, to report to the Congress on the nationwide computerized job bank and matching program authorized under the Job Training Partnership Act.

Resolution· HCONRESH.Con.Res. 299 (99th)referred

A concurrent resolution to express the sense of the Congress that the provisions of H.R. 3838 or of any similar tax reform legislation should not take effect before the date of the enactment of such legislation.

United States · United States Congress · 17 March 1986

Expresses the sense of the Congress that the provisions of H.R. 3838, or of any similar tax reform legislation, should not take effect before the date of the enactment of such legislation.

Bill· HRH.R. 4338 (99th)open

Railroad Retirement and Unemployment Benefits Protection Act of 1986

United States · United States Congress · 6 March 1986

Railroad Retirement and Unemployment Benefits Protection Act of 1986 - Amends the Railroad Retirement Act of 1974 to: (1) provide that certain cost of living increases in railroad retirement annuities shall not be prevented from taking effect by any provision of law other than such Act; (2) prohibit the sequestration of any amounts appropriated to the Dual Benefits Payment Account other than by such Act; and (3) prohibit the sequestration of administrative expenses for the Railroad Retirement Board other than by such Act. Amends the Railroad Unemployment Insurance Act to prohibit any: (1) legislative limitation from being placed upon the availability of railroad unemployment insurance benefit payments other than by such Act; and (2) sequestration of railroad unemployment insurance administration funds other than by such Act.

Bill· HRH.R. 4186 (99th)passed

A bill to authorize the President of the United States to award congressional gold medals to Anatoly and Avital Shcharansky in recognition of their dedication to human rights, and to authorize the Secretary of the Treasury to sell bronze duplicates of those medals.

United States · United States Congress · 19 February 1986

Authorizes and requests the President to present, on behalf of the Congress, gold medals to Anatoly and Avital Shcharansky in recognition of their supreme dedication and total commitment to human rights and freedoms. Requires the Secretary of the Treasury to determine the design of the medals. Authorizes appropriations. Authorizes the Secretary to sell bronze duplicates of the medals.

Bill· HJRESH.J.Res. 522 (99th)referred

A joint resolution to express the disapproval of the Congress with respect to the proposed rescission of budget authority for the urban development action grant program.

United States · United States Congress · 6 February 1986

Declares that the proposed rescission of budget authority (R86-55) for the urban development action grant program should not be approved in any rescission bill. Requires that such program be resumed not later than the date of enactment of this joint resolution.

Bill· HRH.R. 4060 (99th)referred

A bill to amend title 5, United States Code, to provide that the full cost-of-living adjustment in annuities payable from the Civil Service Retirement and Disability Fund shall be made for 1987.

United States · United States Congress · 28 January 1986

Prohibits any benefits payable from the Civil Service Retirement and Disability Fund, including cost-of-living increases, during calendar year 1987 from being subject to reduction or suspension by statute or presidential order.

Bill· HRH.R. 4057 (99th)referred

A bill to amend part C of the Balanced Budget and Emergency Deficit Control Act of 1985 to provide that cost-of-living increases in benefits under the civil service, military, and other federal retirement and disability programs shall be exempt from reduction pursuant to a sequestration order thereunder respecting fiscal year 1986, and for other purposes.

United States · United States Congress · 28 January 1986

Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to exempt cost-of-living increases in Federal retirement and disability programs from reduction under the President's sequestration order for FY 1986. Provides for reducing the outlays of each agency to offset the increased costs.

Bill· HRH.R. 3894 (99th)open

A bill to amend the Foreign Assistance Act of 1961 to provide assistance to promote immunization and oral rehydration, and for other purposes.

United States · United States Congress · 10 December 1985

Calls upon the President to direct the Agency for International Development to work in a global effort to provide universal access to childhood immunization by 1990 by: (1) assisting in the delivery, distribution, and use of vaccines; and (2) performing and supporting research and development activities that will be targeted at developing new vaccines and at modifying existing vaccines to make them more appropriate for use in developing countries. Declares that the President should appeal to the public to provide the necessary resources to achieve universal access to childhood immunization by 1990. Amends the Foreign Assistance Act of 1961 to increase the authorization of appropriations for FY 1987 for the Child Survival Fund.

Resolution· HCONRESH.Con.Res. 241 (99th)referred

A concurrent resolution expressing the sense of the Congress that the Government of Canada should fully and promptly carry out the pledge it made at the Quebec Summit to discontinue the imposition of federal excise tax on tourism literature imported from the United States and issued by certain nongovernmental organizations.

United States · United States Congress · 5 December 1985

Expresses the sense of the Congress that Canada should carry out its pledge to discontinue the imposition of Federal excise tax on imported U.S. tourism literature.

Bill· HRH.R. 3799 (99th)referred

Campaign Finance Reform Act of 1985

United States · United States Congress · 20 November 1985

Campaign Finance Reform Act of 1985 - Amends the Federal Election Campaign Act of 1971 to: (1) increase dollar limits on personal contributions to candidates and their authorized political committees; and (2) decrease the amount one multicandidate political committee may contribute to any other political committee. Limits to $100,000 ($125,000 where two or more candidates qualify for the ballot) the aggregate amount which all multicandidate political committees may contribute to a candidate for the House of Representatives in a general or special election, including any primary election, convention, or caucus relating to such general or special election. Limits to $25,000 the aggregate amount allowed for multicandidate political committee contributions in a runoff election for the office of Representative. Establishes a formula for multicandidate political committee contributions to candidates for the Senate based upon State populations and limited to an aggregate total of $750,000. Requires multicandidate political committees which make independent expenditures for advertisements connected with a candidate's campaign to disclose such information within the advertisement. Amends the Communications Act of 1934 to require any station licensee which allows a person to broadcast material endorsing or opposing a candidate to provide the candidate opposing the endorsed candidate, or to the candidate opposed by the material, the opportunity to use the same amount of broadcasting time, without charge, during the same period of the day.

Bill· HJRESH.J.Res. 462 (99th)open

A joint resolution to designate May 25, 1986, as "Hands Across America Day", for the purpose of helping people to help themselves, and commending United Support of Artists for Africa for their efforts toward combatting domestic hunger with a nationwide linkup coast-to-coast human chain 4000 miles long.

United States · United States Congress · 20 November 1985

Designates May 25, 1986, as Hands Across America Day. Authorizes and requests the President to commend: (1) United Support of Artists for Africa for their Hands Across America project; and (2) the American people for their commitment to helping people help themselves.

Bill· HRH.R. 3733 (99th)referred

Foreign Agents Compulsory Ethics in Trade Act of 1985

United States · United States Congress · 12 November 1985

Foreign Agents Compulsory Ethics in Trade Act of 1985 - Prohibits former high-level Federal civilian officers or employees or high-ranking officers of the uniformed services from representing or advising foreign principals during the ten-year period beginning on the last day of such a person's Federal employment or service. Authorizes the Secretary of State and the Secretary of Commerce to jointly determine a longer prohibitive period in the interest of national security. Establishes criminal penalties for violations of this Act. Defines and lists employee positions to which this Act applies.

Bill· HRH.R. 3660 (99th)open

Civil Service Supplemental Retirement System Act of 1985

United States · United States Congress · 31 October 1985

Civil Service Supplemental Retirement System Act of 1985 - Title I: Civil Service Supplemental Retirement System - Establishes a Civil Service Supplemental Retirement Plan for Federal employees, postal employees, and Members of Congress who began service after December 31, 1983. Sets forth provisions for the benefit plan including: (1) eligibility for an annuity after five years of creditable service; (2) entitlements to retirement based on age and years of service; (3) the formulas for computing an annuity; (4) survivor election reductions; and (5) funding. Sets forth provisions for mandatory retirement for air traffic controllers, law enforcement officers, and firefighters. Establishes a Thrift Savings Plan under which participants may contribute up to 10 percent of their annual basic pay. Requires employing agencies to contribute the lesser of: (1) 50 percent of amounts contributed by the employee; or (2) three percent of such employee's basic pay. Provides for the payment of benefits, lump sum or annuity, at the employee's separation from service. Establishes in the Treasury the Thrift Savings Fund for the deposit and accounting of amounts under the Plan. Prescribes how money in such Fund shall be invested. Describes survivor annuities under the supplemental retirement plan. Describes disability benefits for employees who have completed five years of creditable service. Sets forth general and administrative provisions. Directs the Office of Personnel Management to pay all benefits payable under the benefit plan and administer provisions not specifically assigned to another entity. Directs the Office to adjudicate all claims under provisions it administers. Provides for annual cost-of-living adjustments in basic pensions based upon an increase in the Consumer Price Index. Provides for withholding of State income taxes from retirement annuities. Declares that basic annuities, survivor annuities, and disability benefits are exempt from legal process (i.e. levy, attachment, garnishment) unless otherwise provided by Federal law. Establishes in the executive branch the Federal Retirement Thrift Investment Board to be responsible for policies and regulations for, and review of, the investment and management of the Thrift Savings Fund. Directs the Board to establish an Employee Thrift Advisory Council to advise the Board on matters relating to investment policies for the Fund. Directs the Board to appoint an Executive Director to carry out its policies, invest and manage the fund, and administer provisions of the Thrift Savings Plan. Title II: Amendments to Chapter 83 of Title 5, United States Code - Provides for civil service retirement for certain employees excluded from the supplemental retirement plan. Title III: Miscellaneous Provisions - Amends the Federal Employees' Retirement Contribution Temporary Adjustment Act of 1983 to extend its provisions until January 1, 1987. Allows employees covered under such Act to elect participation in the supplemental retirement plan. Title IV: Effective Dates - Declares this Act in effect on January 1, 1987, with specified exceptions.

Bill· HRH.R. 3634 (99th)referred

A bill to require the Secretary of the Treasury to deposit in trust funds amounts equal to interest lost to such trust funds through disinvestment by the Secretary during the current fiscal year.

United States · United States Congress · 28 October 1985

Requires the Secretary of the Treasury to deposit in Government trust funds amounts equal to interest lost to such trust funds through disinvestment of Federal or federally-insured obligations by the Secretary during FY 1986 for the purpose of avoiding any violation of the public debt limit.

Bill· HJRESH.J.Res. 428 (99th)open

A joint resolution to prohibit the sales of certain advanced weapons to Jordan.

United States · United States Congress · 24 October 1985

Expresses the sense of the Senate that the United States: (1) should not sell advanced weapons to Jordan; (2) should ensure that Israel retains its qualitative military edge in the Middle East; and (3) should focus its efforts on bringing Jordan into direct peace negotiations with Israel.

Bill· HRH.R. 3555 (99th)open

A bill to amend the "Joint Resolution to provide for accepting, ratifying and confirming the cessions of certain islands of the Samoan group to the United States, and for other purposes".

United States · United States Congress · 10 October 1985

States that a person shall be considered an American national if such person completes 15 years of lawful continuous residence in the United States or American Samoa, and one of his or her parents was a national of the United States and a resident of the United States or American Samoa at the time of that person's birth.

Bill· HRH.R. 3521 (99th)open

A bill to amend title 17, United States Code, to prohibit the conveyance of the right to perform publicly syndicated television programs without conveying the right to perform accompanying music.

United States · United States Congress · 8 October 1985

Amends the copyright law to prohibit a copyright holder from conveying the right to publicly perform an audiovisual work on non-network commercial television without simultaneously conveying the right to perform in synchronization any copyrighted music which accompanies such work.

Resolution· HCONRESH.Con.Res. 209 (99th)open

A concurrent resolution asking that the President bring the rights of the Polish people to the attention of the Soviet Government.

United States · United States Congress · 8 October 1985

Expresses the sense of the Congress that the President should raise with the Soviet Union, at the November 1985 summit in Geneva, Switzerland, the matter of Poland's suppression of speech and political activity, and that by so doing the President raises and defends the principles of human rights as embodied in the Helsinki Accords.

Bill· HRH.R. 3479 (99th)referred

Anti-Smuggling Act of 1985

United States · United States Congress · 2 October 1985

Anti-Smuggling Act of 1985 - Title I: Amendments to the Tariff Act of 1930 - Amends the Tariff Act of 1930 to include monetary instruments within the meaning of "merchandise." Requires any vessel which has visited any hovering vessel, or has received merchandise while such vessel is in customs waters beyond the territorial sea, or has received merchandise on the high seas, to be treated as having arrived from a foreign port or place. Requires the owner of any vessel from a foreign port or place, any foreign vessel from a domestic port or place, or any U.S. vessel carrying bonded merchandise or foreign merchandise for which entry has not been made, to immediately report such vessels's arrival (currently within 24 hours after the arrival of such vessel) at a U.S. or Virgin Islands port or place to the nearest customs facility or to such other place as may be prescribed by the Secretary of the Treasury. Authorizes the Secretary to prescribe regulations which provide the manner in which arrivals are to be reported and which extend the time (not beyond 24 hours) after the arrival of any vessel in which to report such arrival. Restricts the arrival of vehicles in the United States at border crossing points designated by the Secretary. Requires a person in charge of such vehicle (immediately upon the arrival of such vehicle in the United States) to report such arrival to, and present such vehicle, and all persons and merchandise (including baggage) on board such vehicle, for inspection to the customs officer at the customs facility. Requires the pilot of any aircraft arriving in the United States from a foreign airport or place to comply with such advance notification, arrival reporting, and landing requirements as the Secretary may prescribe by regulations. Authorizes any vessel, vehicle, or aircraft which has arrived in the United States to depart from the port, airport, or place of arrival and from any custom facility designated to serve such places and discharge passengers and merchandise (including baggage), only in accordance with such regulations as the Secretary may prescribe. Requires any owner of a ship, person in charge of a vehicle, or pilot of an aircraft which arrives in the United States to present to the appropriate customs officer such documents, papers, and manifests as the Secretary may prescribe by regulations. Sets forth both civil and criminal penalties for violations of such arrival, reporting, and entry requirements. Increases the fine from $500 to $5,000 (and $10,000 for each subsequent violation) for persons in charge of a vessel or vehicle who fail to make a report or entry to the appropriate customs officials before departure from any collection district. Increases the fine from $500 to $1,000 (for the first passenger and $500 for each additional) for such persons who permit the unloading of passengers from such vessels or vehicles without a special license or permit issued by the appropriate customs officer. Sets forth both civil and criminal penalties for persons in charge of a vessel or vehicle (arriving in the United States from a contiguous country) who: (1) depart from a designated customs facility without appropriate authorization; or (2) present a forged, altered or false manifest, document, or paper to a customs officer. Increases the fines for persons in charge of any vehicle who: (1) lack or falsify a manifest; or (2) transport specified controlled substances. Increases both the civil and criminal penalties for such persons who allow any merchandise (including sea stores) to be illegally unladen within the customs waters of the United States. Prohibits: (1) any U.S. citizen on board any aircraft to manufacture or distribute, or possess with the intent to manufacture or distribute a controlled substance (including the introduction of such substances into the United States, any of its territories or possessions, or within a 12 mile distance of the U.S. coast); and (2) any person from transferring any controlled substances, spirits, wines, or other alcoholic liquors between an aircraft, or vessel (that is owned by a U.S. citizen, or is registered in the United States) on the high seas or U.S. customs waters, or regardless of the nationality of such vessel or aircraft. Prohibits any such transfer with the intent to introduce such substances into the United States. Sets forth civil penalties. Provides for the seizure, forfeiture, and sale of merchandise (that is involved in a conveyance) whenever any vessel, vehicle, or aircraft, or the owner, driver, or pilot of such vessel has violated the customs laws of the United States. Prohibits any conveyance used by a person as a common carrier (in the transaction of business as a common carrier) from being subject to seizure or forfeiture under the customs laws for violations relating to merchandise that is contained in baggage belonging to a legally transported passenger, or that is in the conveyance's cargo, if such cargo is listed on the carrier's manifest. Provides for the seizure and forfeiture of any controlled substance (on board a conveyance that is used as a common carrier in the transaction of business as a common carrier) which is not manifested, or whose markings disagree with such manifest, or is found concealed in or on the conveyance (but not in the cargo). Permits a person authorized to make searches and seizures (in any dwelling house or building) to apply for a warrant from the appropriate authorities if such person suspects the presence of any property that is subject to forfeiture under the customs laws or any documents, containers, or other articles which evidence violations of such laws. Provides for the seizure and forfeiture of merchandise that is or has been introduced, or attempted to be introduced, into the United States contrary to law. Sets forth specified procedures with respect to the disposition of property forfeited under the customs laws. Sets the compensation of informers who report violations of such laws to not more than 25 percent (currently 25 percent). Provides that such compensation shall be paid from the net amount recovered before such net amount is deposited in the general fund of the Treasury or the Customs Forfeiture Fund (currently it is paid out of any appropriations available for the collection of the revenues from customs). Provides (with respect to the tolling of the statute of limitations) that an action to recover a pecuniary penalty is deemed to have been commenced when the appropriate customs officer issues a penalty notice. Authorizes the Secretary to prescribe regulations that authorize customs officers to exchange information with foreign customs agencies and law enforcement agencies with respect to the enforcement of the customs laws. Provides, when authorized by treaty or executive agreement, that the Secretary may station customs personnel in foreign countries. Title II: Miscellaneous Provisions - Amends the Federal Aviation Act of 1958 to provide a fine of not more than $5,000 or imprisonment not to exceed two years, or both, of persons (owners of aircraft) who operate an aircraft: (1) that is not registered; (2) during any period the aircraft certificate or registration has been suspended or revoked by the Secretary of Transportation; (3) without a valid airman certificate; (4) without navigation and/or anticollision lights; and (5) with an illegal fuel tank or system installation aboard such aircraft. Subjects any unlawful fuel taken, or system installation, and aircraft to seizure and forfeiture. Increases the fine from $500 to $5,000 for any person who violates specified entry requirements relating to civil aircraft and vessels. Subjects owners of aircraft who transport any controlled substances to specified penalties. Requires any person having an ownership interest in an aircraft for which a certificate of registration has been issued to, upon the sale, transfer, or conveyance of such interest, file within 15 days such notice as the Secretary of the Treasury may provide. Amends Federal law to subject all pleasure vessels, including all persons aboard, to applicable customs regulations under the Tariff Act of 1930. Replaces specified provisions (regarding the smuggling of controlled substances) with provisions relating to the importation or exportation of merchandise, the reporting or transportation of monetary instruments, or the enforcement of the Bank Secrecy Act. Requires every customs officer, in the exercise of his duties, to: (1) make known his character as a customs officer; and (2) have the authority to demand assistance in executing any arrest, search, or seizure. Increases the fine to $1,000 (currently $200, not less than $5) for persons who refuse, without reasonable excuse, to assist a customs officer. Provides that any person (other than an officer or employer of the United States) who renders assistance in good faith shall not be liable for any civil damages as a result of rendering such assistance (provided such person acts as an ordinary, reasonably prudent person). Permits funds appropriated for the U.S. Customs Service to be used for the leasing of space (within the United States) to carry out undercover investigative operations for the detection and prosecution of offenses against the United States that are within the jurisdiction of the Secretary of the Treasury.

Bill· HRH.R. 3484 (99th)referred

Corporation for Small Business Investment Charter Act

United States · United States Congress · 2 October 1985

Corporation for Small Business Investment Charter Act - Amends the Small Business Investment Act of 1958 to provide that references to small business investment companies operating under the Act shall be deemed to refer to small business investment companies operating under the provisions of this Act. Includes in the term "small business investment company" any organization which is qualified to conduct business with the Corporation for Small Business Investment. Requires small business investment companies to provide a source of equity capital for incorporated and unincorporated small businesses under such terms as the small business investment company may fix in accordance with the rules of the Corporation. (Currently, such capital is provided by small business investment companies in accordance with the regulations of the Small Business Administration.) Provides that small business investment companies may provide to small businesses: (1) equity investments and loans on a participation or guaranteed basis; and (2) consulting and advisory services on a fee basis. Establishes the Corporation for Small Business Investment. Authorizes the Corporation to: (1) make loans to small business investment companies; (2) purchase preferred securities, debentures, and guarantee debentures issued by such companies; and (3) act as issuer of such securities. Requires the Corporation to establish criteria for the qualification of: (1) small business investment companies to conduct business with such corporation; and (2) small business investment companies whose investments will be made solely in small businesses which will help facilitate the ownership in such businesses by persons who have been hampered by social or economic disadvantages. Permits the purchase of ownership interests in small business investment companies by national banks. Authorizes small business investment companies to: (1) purchase stock issued by the Corporation; (2) borrow money; and (3) issue its debenture bonds, promissory notes, or other obligations under conditions as prescribed by the Corporation. Authorizes and directs the Corporation and the Small Business Administration (SBA) to enter into an agreement in which the Corporation will acquire title to preferred securities and debentures issued by small business investment companies whose policy is to facilitate small business ownership by socially and economically disadvantaged persons, and held by the SBA, and Funds held by the SBA representing the reserve for losses against such preferred securities and debentures. Sets forth the conditions under which the Corporation shall hold such securities, debenture, and loss reserve Funds. Authorizes the Corporation to: (1) enter into agreements regarding the operation of small business investment companies; and (2) issue common and preferred stock. Authorizes the Secretary of the Treasury to purchase obligations issued by the Corporation. Exempts from the securities laws of the United States all stock and obligations issued by the Corporation. Requires the Corporation to adopt rules on conflicts of interest which may be detrimental to: (1) small businesses; (2) small business investment companies; or (3) the Corporation. Requires the accounts of the Corporation to be audited annually. Requires a report of each such audit to be: (1) furnished to the Secretary; and (2) made by the Secretary to the President and the Small Business Committees of the Congress not later than six months following the close of each fiscal year. Requires the Corporation, after the end of each fiscal year, to transmit to the President, the Small Business Committees of the Congress, and the Administrator a report of its operations and activities during each year. Exempts from State usury laws all business loans made by a small business investment company pursuant to this Act. Transfers to the Corporation all title to small business investment company securities that are guaranteed by the SBA and held by the Federal Financing Bank.

Bill· HRH.R. 3470 (99th)open

Social Security Budget and Administrative Reorganization Act of 1985

United States · United States Congress · 1 October 1985

Social Security Budget and Administrative Reorganization Act of 1985 - Title I: Establishment of the Social Security Administration - Amends title VII (Administration) of the Social Security Act to establish as an independent executive agency a Social Security Administration, headed by a Social Security Board. Provides that it shall be the duty of the Administration to administer the programs established by titles II (Old Age, Survivors and Disability Insurance) and XVI (Supplemental Security Income) of the Social Security Act. Requires the Board to study and make recommendations as to the most effective methods of providing economic security through social insurance and as to legislation and matters of administrative policy. Establishes in the Administration: (1) a Commissioner of Social Security; (2) a Deputy Commissioner of Social Security; (3) a General Counsel; (4) an Inspector General; and (5) an Office of the Beneficiary Ombudsman, to be headed by a Beneficiary Ombudsman who shall represent the interests of beneficiaries under the Old Age, Survivors and Disability Insurance program and the Supplemental Security Income Program within the Administration. Requires the annual report of the Board to include a description of the activities of the Beneficiary Ombudsman. Requires the Board to make annual budgetary recommendations relating to the Administration. Requires that appropriations requests by the Administration for staffing and personnel be based upon a comprehensive workforce plan as established by the Board. Provides for the apportionment of administrative costs. Requires the annual report of the Board to include a section reflecting the use of budget authority provided to the Administration. Requires that authority for automated data processing procurement and facilities construction be provided in the form of contract authority covering the total cost of such acquisitions. Makes amounts needed for the liquidation of contract authority so provided available from the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund to the extent that such amounts are not needed to meet current obligations for benefit payments. Requires the Board and the Director of the Office of Personnel Management to implement demonstration projects relating to personnel matters. Directs the Board and the Administrator of General Services to implement such projects relating to delegations from the Administrator. Specifies the authorities which are to be delegated to the Board from the Administrator and the Director. Requires the Comptroller General to report to specified congressional committees concerning such projects, including an evaluation of the Board's readiness to assume full and permanent authority. Requires the Board to cause a seal of office to be made and judicial notice taken thereof. Provides for the transfer to the Administration of all functions carried out by the Secretary of Health and Human Services with respect to the programs and activities to be carried out by the Administration under this Act. Abolishes the position of Commissioner of Social Security in the Department of Health and Human Services. Sets forth effective date and transitional rule provisions. Title II: Conforming Amendments and Rules of Construction - Requires the Secretary and the Board to report to Congress within 120 days after the beginning of each regular session on their administration under this Act. Requires the Secretary to study and make recommendations on the most effective methods of providing economic security and on the administrative policy for the programs which he or she administers. Directs the Board to appoint, quadrennially, an Advisory Council on the Old-Age, Survivors, and Disability Insurance program and an Advisory Council on Health and Supplementary Medical Insurance to review the relation of the trust funds supporting the Old-Age, Survivors and Disability Insurance program and the Medicare program and the long-term commitments of those programs. Requires each council to submit a report to the Board for transmittal to the Congress and the Board of Trustees of each Trust Fund. Sets forth the effective dates of this title. Title III: Budgetary Treatment of Old-Age, Survivors, and Disability Insurance Program - Provides for off-budget treatment of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund beginning with FY 1987.